Historical Newspapers of South Carolina

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I tb.it it would erst loss to support the same f>ai in ss.-'-c ,>s, as well as health, in ?oa:' or hii' .vasnns. to nurture him when voir g io support him .when old. and at all t?rn-3 fn itjrnidi him with good food, comfortable raiment, and safe mediciiassistance, and to do likewise for the fee. hie and dccrepid of his family. It is un. doubtedlv the auno, so far as the agriculturist, onlv, is concerned But what is done by him for his negro slaves, mil t he done to some extent by the cominnni ty at large, for the eqnaliv helpless free latkorer. Poor laws and alms j*iv;nshift from the agricultural to the other classes; the burden of keeping him alive, and supporting his family, when his services are not needed, or he is unable to render them, and it isor.lv inasmuch as he is worse lodged, clothed, and fed, than the negro slave, or is cut off by starvation or disease, before he has ceased to he aide to work, that the cost of his labor, is in reality less than that of the slave, (to the community at large.) Let the philanthropists of other countries, enjoy the ad. vantages of such economy as this, and thank God that they are not as other linn ni t, nc flic bHIIICIIl III lUltUW IIIC C*ample of the ancient patriarchs?to uphold the institutions regulated by the inspired lawgivi-r of the Old, and oeithpr abolished-or condemned, by the immaculate Author of the New Testament; well pleased to pay a higher price for ou labor, if it goes to prolong the life, or increase the comforts of that invaluable class, which has existed, and is destined to exist in all times and countries, whose I lot it is, literally 44 to earn their bread by . the sweat of their brow." Your committee cannot conclude these desultory and incomplete remarks, without adding, that with every care and attention, in the cultivation of cotton, after the adoption of every improvement, and Using the utmost economy in every arrangement, there is no planter in our section, if there be any in the State, who can make the legal interest of 7 per cent, j y*: I OIIIIHIII., till |II9 I fI VtTBI Illt'I] IB, <IV Jliaill- \ ingcottton. at present prices. There are very few of thern, on our best lands, who can realize this much, at 10 cents per lb. nctt, and not many who can do it at 12 j cents. If prices do not improve, most of ua will be compelled to abandon cotton. If they fall lower, it will be difficult to say who ran plant, in this section, at least. ; A very few years more, will decide our , fate. It will he the part of wisdom to go j on, and endeavor to perfect the art of! planting, that we may be able, if it is j possible, to compete with richer soils, and more congenial climes; but it would be folly, if we did not, at the same time, look ar< und us, to see what our country it capable of yielding, and encourage liberally, every effort, to develope our re. aourcea, diversify our productions, and introduce now staples. J. H. Hammond, Chairman. STATE LEGISLATURE. In Sknatk. i Tuesday, Nor. 23d. Mr. Boyce from < Charleston, was sworn and took his scat. The election of Mr, B. was contested at the last session for alleged bribery and i>ther corruption. He thereupon resign i ed, was again a candidate, and was elect- I rd. At the time of being sworn he made I a speech in replv to the charges made iiiui ???t wiiucr. I Mr. linger, of I'narlestc.n. offered .i hill i {which will he found in anoihcr column) < to prohibit the appointment of any per- j son to receive the Slate's share of the. i proceeds of the public 1* ds The ^p;>vr part ??l two days were I consumed hv M? ssrs. Quash. McYVillik and Hvgkr in delivering speeches in tavor of ihe bill arid in most virulent abuse < of Congress tor attempting, as was alleged to brvte the states by offering to distribute money among them. The only speaker against the hill whs Mr. Vrrdikr from one of the parishes. The lull passed the Senate nn the 80th Nov., there being only four votes against it. Mr Felder submitted a Resolution, i repairing the Committee on Internal ImpTovemeiits to report the best plan of dis. itOMincrof (hp Pnhlic VVnrL? nf ihi^ Stntf 1 1- ? ? - - V...?, I apd the Superintendence thereof, so that the State he discharged from all further expense on account of the same. i Nov. 24. Mr. Aiken submitted n Res. olution requiring the committee on Edti. cation to report as to the expediency of I the State's subscribing two thousand dol- i law for Sirnm's History of South Carolina, for distribution among the Free i Schools; which was considered and adop. ted. Mr. linger presented a Memorial of i sundry citizens of Charleston, praving for i an extension of the time for the payment i of Instalments under the Fire Loan : Referred to the committee ou Finance < and Ranks. Nov. 26th. Col. F J Moses, Senator elect from Claremont, appeared and took his seat. Pursuant to notice, Mr. Folder intro. diiceci a Bill to prohibit the Public Officers of this State from receiving in payment ?f Public Duos, the Bills of all such T> i. r *l:. Pi.i. --l i - r>a?i**ni omie, as nave neglected or i refused to comply with the terms and pro. visions of an A^t passed in December, 1840, en-itled "An act to provide against the suspension of specie Payments by the Banks of this Statewhich was read the first time, and referred to the committee? on Finance and Banks, and ordered to he . printed. jVor. 21th. Mr. Rhetf, from thn com. mittee on Internal Improvements and Agriculture, submitted a Report on so much of the Governor's Message No. 1, as re-1 fhtes to an Agricultural and Geological Survey of this State, rerommending the adoption of resolutions authorizing the Governor to appoint a proper person to mak? such surveys: Ordered for conside* ration on Monday next, and to bo printed. Pursuant to notice, itfr. Hagood introduced a bill to alter the Constitution, so as to divide Pendleton into two election Districts; which was read the first time, referred to the committee on the Judiciary, and ordered to be printed. Mr. Gregg presented the Petition of the State Agricultural Society, praving for legislative encouragement: Referred to the committee on Internal Improvements and Agi it*ulture. Dec. Tiie Sena e then proceed sd to the general orders of the day, and took up for consideration, the report of the Committee on Agriculture and Internal Improvements on so much of the Governor's Message No. 1, as relates to the Geologic?l and Agricultural Survey of the State, recommending the appointment of a suitble person to make such survey, with a salary of $3 000 and that the Governor be specially charged with the selection of such person to execute the same. Mr. Verdicr moved to postpone the further consideration of the report to the 1st (lav of January next, which question the Yeas and Navs were demanded, ordered, and taken as follows: Yeas 19, Nays20. So the further consideration of the report was not postponed. On the mioatirin arrrnoiniT In thr? TPnnrt the W. r Yeas and Nays wereagain demanded, or. dered, and :aken as follows: Yeas 19, Navs 21. So the report was not agreed to and consequently rejected. Dec. 2.?A bill to alter and amend an act. entitled an act to authorize the President and Directors of the L. C. <fc C. R. R. Company to increase the rates of transportation on the Charleston nnd Hamburg Road, and to grant certain lots in the town of Columbia, passed 19ih Dec. 183S, was laid on the table. Adjonrned. Messsage No. 2 was received from His Excellency the Governor, transmit, ting a report in relation to the banks which had lefused to accept of the net to provide against the suspension of specie payments by the banks of this State dec., HOUSE OF REPRESENTATIVES. Nov. 23(7.?VIr. Blakenev presented the Petition of the Cheraw Bridge Company, for a new Charier: Referred to the Committee on Roads. Nov. 24th. Mr. Dudly gave notice that to-morrow, he will ask leave to introduce a Bill to alter the time of holding Courts in the Northern Circuit. Mr. Magrath, pursuant to notice, in. troduced a Bill to repeal so much of th Act passed in 1831, entitled An Act concerning the Bank of the State of South Carolina, as makes provisian. for taking of Oaths of secrecy, bv the President, Directors and officers, of the said Bank,and its Branches: And Mr. Sims, pursuant to,notice, introduced a Bill to sxempt real estate from levy and tale, and for other purposes : All read the first lime, and ordered for a second reading to-morrow. Mr. Memminger presented the Memornorial of citizens of Charleston, for an extension of the time of payment of debts I contracted under the Fire Loin Act: Re. ferred to the Cninmitte of Ways and Moans: Mr. Hagood gave notice that he will, o-morrow, ask leave to introduce a Bill o alter the Constitution, so as to divide Pendleton into two Election Districts. Mr. Dudley, of Marl borough olFered n esolution proposing to institute? proceedngs for the purpose of removing Judge 2antt from the Bench; nnd Mr. Rhett rave notice that he would move so to irnend the resolution us to include ?1I ndges who render themselves incompecnt by intemperance. Pursuit til to notice, the following Bills were introduced, read a first time, and ordered for n second reading to-morrow: By Mr. W.J Alston, to niter and Htnend the 2nd Section of the 9th Article of the Constitution of this State: Bv Mr. H. Smith, to repeal " An Act to amend an Act concerning Hawkers," passed in 1833. 'By Mr. Bellinger to repeat "An Act to provide Weights and Measures in [?aoh District," passed in 1840: And hv Mr. Rhett, to amend the Constitution, in relation to grafting Charters of Incorporation ; and to prevent the citizens of New York from carrying Slaves out of this State; nnd to prevent the escape of per?ons charged with the Commission ofany Crime. r? a. .. * _ ,l. /vii : rursunni 10 nonce given, ine following tills were introduced, read the first time, md ordered for a second reading on Monday next: Bv Mr. Cothran, a hill to liter and nnrn nd the 1st Section of the 9d Article of the constitution : By Mr. Brown, a bill to alter and amend the law n relation to Bail: And by Mr. Chiles, \ hill to amend the constitution so as to suppress duelling. Mr. Dudley on leave granted, with, jrew the Resolution in relation to Judge Grantt. Nor. 2Gfh. Pursuant to notice, the following hills were introduced, read the first time, and ordered for a second reading to-morrow: By Mr. Porter, a hill to liter and amend the law in relation to the rluties of garnishees: By Mr. Middlefon. i hill to provide for the publication of the lets of Assembly in the public Newspapers: By Mr. Ferguson, a hill to legalize the arts of certain officers heretofore* npr*r?iiited ? Rv Mr. Knnhnrdt. a hill to <nve interest on open aecountsand unliquidated Jemands; and a hill to alter the law in i:ritiiin>il cases: By Mr. Bellinger, a bill lo suspend the election of mo<nhers of Congress from thia S;nte: Bv Mr. Symour, a bill to alter the law in civil cases, and for other purposes: By Mr. Jarni-son, a hill to repeal the 1st, 2d, and 3d Sections of An.act to alter and amend the Militia laws of this State, and for other purposes;" By Mr. Myers, a bill to reduce all acts and clauses of acts in relation lo the powers and duties of the Commissioners of roads, into onu act, and lo make sundry cams??>agat*i?. l %juiMBmaasasmnaKar=3aa amendments i And by Mr. Black, a bill to prevent the emancipation of slaves by means of Wills, Deeds, or other Settle, mcnts, intended to take effect after the death of the owners. The House agreed to a report in favor of a new jail for Georgetown District. Bills to alter and amend the 2d Section of the 9;h Article of the Constitution of this State ; to repeal an Act concerning Hawkers and Pedlars, passed in 1835, and to alter the Constitution in relation granting Charier* of Inc.orporitiftn, were taken up for a second reading and refers red to the Committee of Ways and Means a Bill to repeal an Act to provide ^Weights and Measures in each District, was refers red to the Committee on District,offices and officers; And a Bill to prevent the citizens of New York, from carving Slaves out of this State, and to prevent the escape of persons charged with the Commission of any crime, was referred to the Judiciary Committee. Nov. 27th?Mr. Carrol, submitted the following Resolutions, which were ordered for consideration to-morrow. Resolved, That when th? States entrusted the Federal Government with the -c .1?i? .i i i.:? I powers ui uecianrig war nnu moniug peace, of regulating commerce, and international intercourse, they did so under the solemn assurance, that these powers would he exercised, not only in vindicating the Federal honor, but for the protection of each and everv State in this Union from foreign aggression- direct or indirect, open or disguised. Resolved, That the conduct of Great Britain, in detaining and searching our ships on fbe high seas, during a time of pence?her refusal to indemnify our eit;zens for th"ir slave pro[>erty. cast nwav by perils of the sea on her West India provinces, and there emancipated?her arrogant interference in the Amislud case j ?her approval of the conduct of 'ner suh. I jecls, who violated our neutrality. I>v an ; nrrn"d invasion of the territory of one of the sovereign States of this confederacy j ?and her tardiness to couie to n peace- ' able adjustment of the North Eastern Boundary, manifestly show on h? r part j cither n reckless disregard for the Federal : honor, or a deliberate intention to pro- j voke, by n series of aggressions, the dis ruption of our friendly relations. Resolved, That the practice of (Treat i Britain, detaining and searching our ships for slaves, on the high s.-ns, and her do. termination to emancipate th-m when cast away wi'hin her territories, without authority, or a special convention to that effect, if not at once rebuked and arrested, *ill grow to a precedent, bv which she and other nations may hereafter, tinder the tramn false nretences, attempt to interrupt the. commerce in slaves between this and other S ates in this confederacy. Resolved, That our Senators and Rep. resentatives in Congress, he requested to urge, through the Federal Executive, an immediate demand on the British Government, for indemnification or restitution - . f - r . i IT_:? I oi me property 01 citizens 01 me nmin States, wrongfully destroyed or detained hy her authority, and a prompt adjust, ment with her of nil the differences that fhrenten the peaop of the two countries, and the rights of the slave-holding States in particular. Nov. 29lh, Mr Roper, from the Com. mittee on Agriculture, on so much of the Governor's Message as relates loAgricul. lure, made a report, with Resolutions, providing for an agricultural 9wrvey of the State: Ordered for consideration to. morrow, and to he printed. Mr. Sims, from the judiciary Commit, tee made a minority Report in favor of the passage of a Rill to exempt Real Es. tale from levy and sale, and for other pur|H)?cs: Ordered for considetation to. morrow, and to ho printed. On motion Mr. Tradewell, the use of the Representatives Hall was granted to the State Tempernnce Socitv, for its Anniversary Meeting, on Thursday evening next. Mr. Singleton submitted a Resolution, which wa9 considered and agreed to, requiring the Committe on Education to report as to the propriety of th > State's subscribing to the second edition of Lockwood's Geography. Mr. R. C. Griffin submitted a RpsoIu. J tion, requiring ihe Committee on Internal Improvements to report as to the expedi- j ency of selling the Public Works: Ordered for consideration to-morrow. Mr. Middleton submitted a Resolution, ?i i r__ :.i wiw;n was nruereu ior consiuemuon iumoirow, requiring the Committee on In. ternal Improvements to report on the expediency of constructing two Turnpike roads, ems from York to Columbia, and the other from Greenville to Columbia. Rills were introduced, pursuant to no tioe, rend the first time, and ordered for the second rending to-morrow: Bv Mr. Phillips, to convert the Arsenal at Columbia into a Military School: Bv Mr Rheft, to jrevent the intermarrying of white and colored people, and for other purposes : Bv Mr. Singleton, to amend the road I laws in certain pnrtiei ilars. and a Bill to tax certain free persons of color, callm* I themselves Gvpsies, or Egyptians, an ' : for other purposes therein inen'ione 1: | Bv Mr. Fuller, to allow mileage to Grand and Petit jurors in addition to the present ! compensation : And bv Mr. Jo.' l Smith, i to incorporate the Coke>hurv Feninl'* In- : 1 stit ite of Ahbevlle. I ill/*'. UV I /i ? 'I * l ''II 'M M III 41 . I in*- ; ! solutions of cnr?(Mrn<T ol the d--nth of , Gene ra! fin rri-nn. which were agreed to, I and sent to the Senate for concurrence. Pnrsunnf to notice, Bills were iotrodn i dnced. rend the first time, and otdered fi r i the second reading to-morrow ; Bv Mr. ! Phillips, to give the election of Governor | and Lieutenant Gov- r'nor to the ;>eo|>le ; nnd hv Mr. Speers, further to regulate the office of the Comptroller and theTre stir-' ers. Resolutions of enquiry, ai to the ejpe diency of selling the Public Works; and i ns to the expediency of constructing ; Turnpike Roads, from Yorkvillo die. to Columbia, were agreed to. A Rill to exempt Real Estate from levy and sale, and for other purposes, accompanied by the Report of the minority of the Judieary Committee on the said Bill, was taken up for a second reading: Mr. Myers moved that it be postponed indefi. nitely : aod the yeas audynays being demanded, thoy were ordered and taken, as follows.?Yeas 42 ; Nays 66. So the motion for postponement was lost; and a question on postponing it till Friday next, was decided in the affirmative Columbia, Dec. 1. The monotony of ordinary business tontine was agreeably interrupted yesterday, (Tuesday) by a discussion on Col. | Hunt's bell to extend the Jail Bounds to i ihe limits of the Judicial District. This bill is in essence the same with the one introduced by Mr. Porter last session but which did not pass. Col. Hunt made a few renoarks on the policy and propriety of the proposed change. Mr. Rhett sus. tained Col. Hunt's views. Mr. Dudley, from 3farlboro', in a speech of some length, opposed the bill. He conceived that a creditor had rights as well as a debtor, and that frequently the only means to compel payment was incarceration. Mr. W D Porter made his maiden speech in reply to Mr. Dudley* and advocated the policy, the justice, humanity and expediency of the hill. Mr. B F Perry, of Greenville, followed on the op. ! positeside and repeated the arguments of I Mr. Dudley with an interspersion of anec. [ dotes more or less to the point, and a I degree of ridicule as to the eminent hard, ship of a few days imprisonment. In i reply to his remarks and in vindication of j his hill, Col. Hunt took the floor and or*., copied the House for some time with a speech of great abillitv and force The question was called lor immediately upon the conclusion of Col Hunt's remarks, ' and carried in the affirmative. So the ' hill was ordered to the Senate for coucu;n'nr?% Dec. 1. Mr. R oper, from the commiti tec on Agriculture. made a report on the petition of the State Agricultural Socie| ty. i Mr. Dudlevgave notice, that to-morrow It* * ' * i he will risk leave to introduce a bid to change the time of holding Courts in tne ! third Equity Circuit, and to make alteraJ tious in the sameA Bill relative to an Act of Congress, passed on the 4 h day of September, eighteen hundred and forty one. entitled j " An Act to appropriate the. proceeds of the Sales of the Public Lands, and to grant Pre-emption rights." Whereas, in the aforesaid Art, Con. gross have undertaken, after providing for certain claims and expenses, to divide the proceeds of the sales of the public Innds among the twenty-six States of the Uninn, and the District of Columbia, and j the Territories of VVisonsin, Iowa, and ; Florida, according to their respective fedj oral representative population, as nscerI tainod by the last census, to he applied by the Legislature of the said States, tosuch purposes as the said Legislatures may direct. And, whereas, there is no warrant for this proceeding in the Constitution of the U. States, and from the history of the Government could not have been one of the purposes for which it was formed: And wheras, if the Federal GovcrnmMt has the right to subsidise ail theS'?t?s. it has the right to subsidise one or more; and if the Stntes can he induced to take subsidies from the Federal Government, they may be taught to take them from other Governments. And, whereas, the Federal Government cannot justify this proceeding, from the excess in their Treasury, as they coteuipornneouslv increased the taxes, and passed an Act for borrowing twelve millions of dollars: And whereas, it is best to confine the Federal Government within the limits prescribed in the Constitution, and to leave the States to manage their own affairs in their own way. Bey it therefore enacted. By the Senate and House of Representatives, now met I and sitting in General Assembly, and by I the authority of the same, That no person ! shall be appointed to receive any part of j the said subsidy, for this State. Tribute to President Barnwell.? Extract from the proci_e ,;ngs of the Board of Trustees of South Carolina College, 24th Nov.. 1841: The Honorable A. P. Butler submitted the following Resolutions : Resolved, That the loss of Mr. Barnwell's services produces in this Board deep regret, and great anxiety. Resolved, That his conduct as President of the College, has been eminently successful, and conducive to the prosperity of the institution, and has been approved by an enlightened public opinion, j. Resolved, That the repii'niion of such a man, is a just source of n*u!o r th . pro ! pie of South (? ironu s * \.iii; noiVVltiisiJin.ilf!^ iii.* . *i it .fi ir?ir:; :it; College, is < aIcttiiiUii' !<> exert n :t*efi? influence f?v?,r i's desriM. ();i morion of the lloinnible Judge Ev.ms, it was Orlere.l That the R? s- Inlions ho unanimous'}! a.!oj;ii./. Oil motion of Mi. M Cord. Or /erc i. That tin-R solutions lie published, and a copy th?T' of furnished to Mr. Barnwell, by ilie P;-? iderit of the Board. Tho New Jersey State Prison has during the p-*t year been made to realize I a profit of84000 and thai too with but i lftl convicts; AOVEKTISINO. Here's n good idea on the subject of advertising: "If a dealer has an article of which tuy wishes to entire a quick return and consequently is willing to sell at a small profit, he is suro to advertise it; but if he means to make a large profit out of his customers, he is generally sly about it. Men and women who have their eye-teeth cut, wiil never deal at a store where they do not advertise." Remember that when you come to town, reader. 1 CHER AW GAZETTE. WEDNESDAY, December 9,1841. The Committe on agriculture reported to the Senate on the 1st, inst, againist a geological survey of the Stnte; But in favor of an Agricultural survey. Mr. Verdicr, a foreigner from one of the little Parishes among the low country swamps, | moved to postpone the report till January; ' I which motion failed by a majority of on- ' ly one; the vote standing 19 to 20. The * question was then taken on agreeing to 1 the report, and lost by a vote of 10 to 21. 1 Had the report been ill favor a telescopic J survey of the moon it would have been t much more apt to meet with favor from either branch of the Legislature of South i Carolina; that is, if past history is any t index to the present character of that bo- < dy. . 1 Alexander M. McIvkr, Esq. of this town, has been elected Solicitor of the Northern circuit, in place of Mr. Wethj ers, who declined a re-election. ( The Hon. D L Wardlaw has been i . ... _ . - . . h j elected Judge of the courts of Law in j place of Judge (?antt resigned; and Mr* -( i Coleock of Prince William Parish has i j lice11 elected Speaker of the Hou*e of Rep i | rescntutives in place o f Mr. Wnrdlaw. Col. F J Moses has been elected State , senator from Clarenriont county, in Sum- | for district, in plane of the Hon. James i English, deceased. It is rumored that the Hon. S H Butler i j is about to resign iii*sent in Congress and I remove to the South West. ? Tim proceedings of the State Agricul. j tural Society, we shall copy next week. , The Military Committee of the House of Representatives have reported on the part of the Governor's Message refered to them, and earnestly recommend the restoration of Brigade Encampments, and the passage of a bill reported by a Commission to the Legislature, in" 1839, mod- ( dying the militia laws. The rumnr that Senator Clay, of Ken- ' tuckv, was about to resign turns out to have been untrue. Mrs. Rives, the lady ot the Hon. Wm. ^ Rives, of Virginia, has published n hook, under the title of Souciners 'of a Rexi' | dence in Europe : by a Lady of Virginia. ( It is well spoken of by those who have I read it. Wm. Laval has been elected by the : legislature Comptroller General, and B. I R. Carroll Treasurer of the Lower Di- ' vision. . , i Novelty in the Agricultural link. We see advertised in Columbia, "but i J lock's cheese." || ( Tk? ,.e r?i i i ?, i iiu u.uu ui curs irom rnuaneipnia j to Baltimore was thrown off the track, | near Wilmington, on the 1st inst. Iiy scantling which were laid across the road hy some murderous villian. As the fool diktii.?A Doctor and Lawyer, of Johnsenburg Ky., hoih gelting into a love scrape with the same lady agreed to settle the matter hy shooting at each other with rifles, at a distance of 12 paces; which they did,and w ere both killed. The Montgomery (Ala) Journal contradiets the report that the Hon. Dixon j H. Lewis is dead. t < A correspondent of the Charleston Courier states that Gen, J. H. Hammond, Col W. M. McWillie and the Hon. F. VV. fickens, are spoken of, in Columbia, as candidates for (he office of Governor. The hill introduced into the Senate hy Judge Huger,and passed hy that body, will be found in another column. It is rather a curious specimen of legislation. Prohibitorv enactments are designed com. * , O rnonlv to restrain or to art upon individu i ; al-. Bui fLis In*v (ivicuhi the but become | id i;?iv) is tw Mgr.t.d (o restrain the sore- \ reign Stale of South Carolina front acting j | in a specified case. Suppose the >aid ' ! Sovereign Stafo should take it into her ^ i ! Ufa.I t/? r?# * f in t !w nrorrii<r?<s! tmtu/il lul a nrt V""*. ( intr the aforesaid prohibitory legislation, ( I what the penalty ? Would she render ? ; herself liable to line 7?or to imprison, s ,ment? Who is to try the case, and I I award and execute the punishment? ( . The able lawyers and statesmen who occupied so much of the time of the Sen. . ate in discussing the merits of the bill, we presume explained all this, and honorable ( Senators, when they return home, will he t able to explain it to their constituents.? | The prominent "delators and actors in the. ' Tialter were Union men. Dotbay utter* !y repudiate ail degrees of state sovereign^! :v, and have they convinced the Senate, :hat a State, like a petty corporation or l private criminal, is subject to arrangement before judicial tribunals for infractions of statutory enactments ? The framer of the bill seems to hare made the very notable discovery, that "if the Federal Government has the right to jubsidiseo// the States, it has the right to subsidise one or morethat is, the whole includes the several parts. We cannot but feel somewhat surprised it the very serious apprehension entertained by Honorable Senators that the 'highminded chivalrous little State of South Carolina" is in market, ready to ae subsidised by bribes from the "Federal urovernment" or any "other Governments?" Do Senators feel themselves, ind believe their constituents to be tub* ridiseablel Or is their jealousy only for he purity of other States? v Three Senators voted against the bill on ts passage, viz: Messrs. Gnuse, HagoocT ind Verdier. Mr. Murdock, who was ibsent, afterwards asked and obtained eave to record his vote against it. Mississippi bonds.?Unusual interest is fell in the result of the late state elec[ion in Mississippi, because one of the questions on which the election turned' was?f whether the state would pay r>r repudiate her own bonds. And the party opp?sed to paying them Hhs suc reeded l>y a majority of several A ! hoi wand votes. This most disgraceful* uid dishonest refusnl of a single state,, by her popular vote, to pay her just debts lias very materially a fleeted the credit of [he states, and will inflict ft sever? Wow upon the character of the country , abroad. Many holders of other stale 'tuck* are alarmed, and anxi'/tta tn sell, while dealers in stocks are afraid! of fhem. The consequence is a deprecia^ ion in their value. To what extent State Stocks generally will nltimntely be ifleeted bv the occurrence Ls yet nncerlain. State debts are mere debtaof bun>r. They cannot l>e recovered by suit it law, like debts against individuals and corporations. If states chonee to refuMr payment, there is no compulsory process hy which it can he enforced,. .Every <tato in the Union has hitherto scrupulously and honorably fulfilled .t*; pecuniary ergftgernen s. Mississippi is the first to fail. Wuicli will be the first to follow [he base example, or whether any will follow it, remains to he seen. . Like most swindlers, the anti-1>ond avers in Mississippi set up pretexts in justification of their dishonesty. They illege frauds in the execution and sale of the bonds; which, they say, justify , lusal to pay them. The facts, so far as wt have l?eeii able to collect them from the liflfererw publications on the subject which have fallen under our notice, are at follows. The Legislature of Mississippi passed' in act in 1837 incorporating the Union Bank of Mississippi. This not authorized* iMnd* of the stale to bo issued to the ^ imount of ten million* of d"llnr% payable * in current money of the United States, it snch place as might be named in the indorsement on the bonds severally ? The bonds were to be delivered to the Bank, and the Bank was empowered to <pll thein at par, and at an interest not exceeding five per cent per annum, pay. ible half yearly. The money to!?e realised from the bonds was to be paid into the Bank, for the purpose, we suppose, of constituting its capital, though that fact is not mentioned in the statements before is. Nor is it material, inasmuch as it i* staled that according to the act of the Le gislalure the money was to he pnid into I the Bank. The bonds weie-duly executed I ind passed over to tlie Bank by tbo Gov- I crnor of the State, for the purpose of be* ing sold. The amount of $5,000,000 of the bonds was sold by the Bank, in August 1638, to Nicholas Biiidle, then President of the U. S. Bank of Pennsylvania; the bonds and interest made payable at the agency of said Bank in London, in Sterling money of Great Britain, at the rate of four shilling* and six pence to the Jollnr; the purchase money payable in five jqual instalments, the last in less th?n a fear after the date of sale. The money a as all paid into the Union Bank of Mississippi, according to contract, and as equtred by the law authorising the.sale if the bonds. The bonds are now held n Europe, and are guaranteed by the Union Bank of Mississippi t.nd the U. S. Bunk of Pa. But both the so securities law fa led, and the State, who is the irmcipd, refuses to pay; so that the udders of the bonds are likely to lose tho vhole amount. Since the late election in Mississippi, Governor McNult of that S:ate, the leader if the "anfi-bomi" party has published a itaiement in the Richmond Enquirer, i*ii 1 iftting forth the grounds on wnicn ne ana lis party object to the State's paying sither the interrst or principal of the noney which she borrowed. For the ransnction was really and literally nothng more or less than borrowing money. I The first reason assigned by the Governor against paying the money i* hat in the sale of the bond* they are made )ayahle "in Sterling money of Great Br.tain," and not "in current money of / k