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CoroittUif cations fru.n ever ' us. h:ir ly a num mt . ??;>e:ir.-v v. i.,?-n ?; no" <e tniii a |;o ;,o;i of ( (! nam; ; -;? ! " h i! lab.?r of soau- hundred ;? ! :i !v in Yi'!u..is- it .v .s ine lirs p'i;>?;?* wcaeh c; piovr.l a s cam p esru' it n.So t tuo ( ample of gi'itii; ooevisionaky a <l;>a! sheet. wa cii contains a quantity of ni u-t equal to tlur contents of thre octa Yj!:ii:i'*s; so 'l;<it yon :;t?f liir five per as in teh printed matt r as' a publish' r novo! gives y;.n for a <ir.ir.ea and a in -?ia qunntiy eqn i. in quality not hiferi Tiia paper i> in i very one's li nv's. No cluh, that foes net take it in; not a nn-iu of Tari anient, who does not read it: it found in lv tv tap ale-house, an 1 n:i< the sign of *\\]:?gnilicent (Jin, fit for Co inodorc or Lord 11 :jg!i Admiral;'?so t wherever you <;<> you hear a voice eke f of The Tool in tl 10 Mad Lover, "O i tiie Times!?the Times, Time!" It v tie hold champion of the late <fn Cu'olin vvhen 'he mo Jem Ilenrvthe En; repudiated hr?\ It is said thai the <jii l:on was regularly debated ntnI decided vote among the proprietors, whether tl pup t siio.ilJ support or oppose ihoQir.'t cause; but their decision once made, ti pleaded t!:;p cause ui it energy, perse \ :mce, and final success. 4-T;.^ Tim was i??;ni-*rly Liberal; it is now To I* changed it i o'ifics at the downfall of Melbourne ruin; 11 stration in lSM. llv d<-p.ur meiii is in the hands of a person v piuliiied ro manage it. II.'sides the p. c pal edi or, there are "the gentlemen easioiially'cmpioyt d to write leaders, sub-editor, the .v elector of articles of t'-lligence, and the person employed m ike up the p ip a*, as it is teehhically < led; and all work as harmoniously togt t us if the entire contents were the w< 01 one hand.' * ? Ucfor.^ the introduction of: * nn power to the printing-ottie.*? of <11i!v papers. thn j priclors were obliged to cause duplicates of e i>oi..h >vtA ho b.d nit ^ 10 Aivlut* to rrof thn n-i llU.'UilJl *MS 411 VlUVi W V VIIV ^ out in tolerable ti:no; and even tiicn, as most active and powerful pressman could throw oil* above aOU impressions in an hour meatus of his hand, the publication of par the paper was always delayed to a late hour * Tragical Scs:;e.?We witnessed most tragical scene at Yancy Supei Court, that has ever been acted in any cc in North Carolina, 'l ite facts were as lows: About two years since, a man the name of John Wilson, married Idli belli il 'V of that county. Thev lived pother about seven weeks, when some c turbancc took place which caused tli separation. Six months ago the husbi filled a petition for divorce, set.ing fo var ous causes?declaring that he v young an J inexperienced when he marr her, and was not acquainted \v tli her 1 t - * r> r h?*v ranil'M'f dnritiT ih? { tliey lived together, was insuj portable, i by hitn could not bo endured. She swore.!, that they were raised in the sn neighborhood, and had known each ot from their infancy up; that he knew character and circumstances in life peril ly well when ho married her, and had t:d her with his eyes op"n to all her fraiiii* ? 1 she positively denied over having been g of any misconduct, during the time t! cd together, but tlmt she acted towa im the part of an affectionate wife. ? irthcr sorted that when he was ah to leave her, lit: made no charges ogai her, but gave as his reason for scparati t hat he did nc?t, nor hud he ever loved h< that his friends had induced h;m to ma iier merely lbr her proper v, and that had ascertained that he could not enjoy ! with a woman he did not love. At the last Court an issue was made and submi red to a Jury. The petition c answer having been read, evidence v <li"? nitri\.lii(.nil vrhifK nrriVf?rt i.torPv %,,v" ? favor of ihe petitioner. On tlie part of Plainiilf, the cause was submittal with any argument, but the Counsel for the J fondant resisted the divorce bv a long n W W feeling speech, in winch he alluded to i solemni y of the marriage vow, the mm duties it imposed on the parties, and want ot sulliicicnt cause in that case to J solve the bonds of matrimony. During tliis investigation the parties w< both in Court. The husband was app ently young and simple, and in fact a m< boy, and there was nothing in the least p possessing in his appearance. The w seemed something older and altogether superior She is fine looking worn with dark hair, black eyes and very < pressivc face; she manifested great inter in the trial. Tito Jury after retiring a few moments, turned a verdict for the plaintiff. The p tics were still in their seats behind b.-ir, some six or eight fern distant fn each other: the wiib asked a gentlem by whom she was sitting for h:s kn as if to trim her linger nails; she felt of l edge, rose to ner leer, puuseu a moult turned pale, her eyes flashed fire, and tl suddenly sprang forward with the dra' knife and aimed at her husband a deac blow. But fortunately a lady who w standing by saw her get the knife, and pi Ceived from her countenance that she u meditating something of a desperate c!u acter, watched her until she saw the b'# aimed fit the throat ot the unsuspecti husband, and instantly seized tlie arm the infuriated wife and diverted the wean from the object at which it was aimed: I determined on her hellish purpose, s threw the knife with pre at violence at h husband, and turning, made a most furio attack on lier whose hand arrested t blow and thw.ired the wicked design. T Cour? order.xl her in'o custody; she w arrested and borne out of the Court, maki the most wild and frantic exclamations calling o iu-r husband in the most tend and passionate language, and seemed b * cevireiy drra< ged. Her conduct was strange and nsttceoti table, but a i who witnessed the scene ngr that v'tc must have lov< d her husband.S' e hud i.hiericd aiteniively ;o the i.'.ves g..!;on of he whole matter, htind the p r a t:c s;?-.rf *h of !:?*r re/ *>r, ' 11 ?.... jwi ur . I i mnmi.i TT.r r-t n- vorJ.e: of h .1-irv v-nv.ioimciaii their filial ?) s? {?;?r.'il; *:i; she feh 11 i-.ii she !ovi."J hint '*' above others. ami die i-ka that ho was h- then at I.I stv to marry (for that was t. to !j i:.< ;,?!>; i* . was iiioro than sue X- CitJUi*'". ih T heart was t'.eVOlOtl to k.n. and S'j.s; 0 las |;IedgC'd ? at- ritio:!.'. r >!is; was. J >.e han dm. and mat vo too !)V iter'.' Vii hand, in :he pres. nee ei tilt; irr cor.n and the inn'thud" thai surrounded of; her. Ol the consequences to herself s'u: ill; never though', nor lor them card ; they or. ' could not have born greater than death, it a amino doubt she 1at that moment, thai her she- would irl.uhy tn!;r refuge in tiio armis of death. Sim i'-nv ined in jail until tin kr next morning, win n she v.as brought before in- the court, and, alter being severely rrpriha! manned, was sentenced to llv? days tinhat prisonmon!, f.-r oo-iaenipt to the ccur*. an - ' ? ? 1 . i. ! .n.-111-ilf (! .! Hi). ivqnireu id :,ivv i'lMu .... .. , vas good behaviour for tin* ne\t twelve months ^cij Kulhcrfordton Gaictlc. !i:li j ?: ic-s- ] 3Ii,'Imi Cotlon Factory.?Wo take j-kcby , sure in s'ating that tiie buil iin<r for the re?eir cc prion of the machinery of fin's establish n*s meat is now going up \vi:h all duo progress ;ioy . The walls have reached the second story ;er. j The building is 82 by 45 feet in size. Th< es" foundation is built of rock, and the walls o ry. brick ; to be four stories high. The build the ;ng, so far as it has progressed, we hnv< pry : reason to believe, will prove satisfactory t( veil J those interested in the establishment, and i: in- ! highly creditable to Mr. Cosby, the arehi oc- 'cct and contractor, lie has been quit< fjie successful in the manufacture of his brick in.. which are <>i \ superior quality, and we doub to ! not will give a permanencv to the building ?al- that will add much to its value. We dcon her ! the selection of the site for the Fneton ,il- . fwhich is on the onnosite side of Country " \ . - I I ! Lmc Creek from town) to be a foriunan t one, as the foundation is on a rock basis j A bridge will have to be constructed acrosj "j i tiio Creek at or near the building, which ,jv,r wliilo it will be necessary to the operation! ihc of the Company, will be a source of convennot ience to the eitiz -ns of the town generally I j # t ?l,y j The Factory will be put in operation will ; ? j ail convenient despatch, and we trust it wil | prove a fortunate and profitable invesimen 4, i to the Stockholders, the ... rior ' While on this subject we would rcmarl (ljr. that establishments of this kind, when prop (bl- tT'v rnnn3?Ct'? have hitherto proved ?' jjV . source of great profit, yielding large divi za\ | dends on the amount of capital invested.? t0- It is but lately that one ot the Petersburg j;s> i Companies divided a profit of twelve and i lCjr j half per cent, for the preceding six months mil ' c uencvu nil' IOCUUOII IH tlJis t-situinsimicn rlj, | is a very favorable one, and presents even vas ProsPect being highly advantageous t< ,jC(j j tiie community and profitable to the Stock rue j holders.?X. C. Standard. xrJ! GAMING. an- : Among the vices that have stained tlx me moral character of the civilized world fo her a great period, that of gaming, perhaps, i: her 1 as pernicious and deleterious in its eflec .et- on the future happiness of youth, as am ten that can be named?and they, alas ! an 2s ; ' not few. To the seductive influence whici nil- I a game of cards presents, may be addet ic v ' the allurement to other vices, as well a: ids . ruination of all principles of honor nra eie sobriety. It is not merely the simple fac out that money is hazarded or fortune staked ust but drinking, quarrelling, and profanity on,' fill up the measure of vice and profligacy er : ever attendant on amuscmcn-.s of this de I rrv ' scription, and will corrode and corrupt al be ; that comes within its pestilential atmosphere [lie \ v c* buhold the young tossed upon the tem pes^ous wave of passion's boisiercu: up ocean, sai'v lC.^h into the gay world, flush md cd with bonc,tuid buoyed up with curiosin ras , and eagerness; yoitfg nT>d inexperienced in ho perceives objects sUujciert to excitt the j every passion, and in the midst pf keen out ncss and relis'u for pleasure, he is broujh A.-. 1 to the gaining table?he takes his seat, ii-it md j the partition wall which separates virtue the ! from vice, is broken down. Enticing nnc | * ual alluring in its appearance, ho enters into the j the soul and spirit of the game?duped and iis? ! deluded by his companions, he, ere long, j becomes initiated in all the morbid and de:re j structive principles of the gamester. His ur- j friends (as they call themselves) bavin" urn | accomplished their iirst purpose, tempting re- i him to play, now drain him of his last cent; ifo j in a state of desperation, he determines tc the ' retrieve his lost fortune?he borrows? ! r dunrrnc /!r.nnfu? onrl rlor,rvr?? .o n/1 Kn/ rv?v>?/< alJj |/tuiJ^vo uuu ? uuu uwv uiiiws ?x- ' more involved in the vortex of ruin. est That heart, once the scat of every manly virtue, is callous and unwarmed by trie re. least ray of peace or hope. The demoniar ac passions of envy and jealousy rankle the and rage in his disordered system; the jni mild and cheerful temper is now changed, inn to the morose features of despair, ife, 1 That genius that once sparkled with the such a brilliancy and beauty, and was cab >nt,; eulated to adorn and add lustre to the forum tea ' or the bar, is now enervated and destroyed wn | by the debauclied profligacy of the gaj!v ; ming table. *as J Yes, such is the melancholy and awful cr- ;effects of plav upon the human heart; it as ; poisons every sentiment of virtue and U'- morality; crcacs an enlire heartlessness >w ; and indifference to every tender tic in life; ng j extinguishes every spark of feeling and of! honor; blasts and withers tiie fairest ex. on pcctations of relatives and friends; nips in >ut' ;Sic bud the brightest prospects of domestic he peace; and, finally, the emaciated, worn, or out victim of cards descends to the grave, us : remembered only as the victim of internho perance and gaming, leaving the events of he j his life as a standing monument of vice as j and infamy. i Against the fascinating temptations cf ? tins fashionable amusement, then, let the er young oppose all their discretion, scruple to and philosophy ; for, that it deadens, pal' sits?nay, destroys, every sffarkof friendn-(s!iip and liiial love in the heart?that if co tends to intemperance and disease?and ? las !y. the loss of character and health, is a fruti; founded upon experience an ! observe'*i foil. As the holy preacher of Israel once _ i* f{rjr.'.y f r.-fl 'U.:rZ* t * iw*r 'J1.1 '.' ? 1 ..? ??r?' .- / will hring ti.ee unto iu ?Fn yv. .1 ' l ull . 'I.': ii' ( 'Jliiill : // /*?' X ATI OX Ah DKHT OI'tlKIlAT IJiUTA? li iuis always a very hard mailt to arrive at nropor and accurate know! ah :ff this {oncotic !ad>:!i'y. Politicians, r.o':> lords and enlightened statesmen in the le. ah.tare ot litta' Hi.,!, have of en swelled il ; .amount !o sms am an hypothesis, or can on mi artjnmect t *'? that adefini'c acquai taace with its details has h von almost : itVipossiblilty for the American reader. M . i believe that the jbdownn; account, comaili . from several nmhcn'ic sources, is nn< tie > tionably correct. When Queen Anne came to the thror 1 - .11 .. .. . I ?i ?K! 1 n til 1 I V'l lilv Uw'Ut H til iVJU.OJt,) I i la 1750, 72.178.8! r 1771*. 120,963.2! 1700, 228,231,2 1800, 451,099,8 18!(?, (5.31,309,11 1820, S-iS,294.81 1825, 843,391,8' . ?and in 1830 i!i?- interest paid on the dc > ; was ?28,510.009, which at 3 per coi . sivcs the amount of the dcbi ?951,333,3! ; These sums, however. arc not real, but fi j , ti;iou<?. \V1,cii the minister wished a lo: . | he had oniv u? ask?what sain of moir ; i will yon give mo for ?3 per annum, in e ) j est ? The capitalist the n made his oli' r,$' one, regulated in some measure by t .! price of stocks. Thus in 1336, the go ? eminent borroweel eighteen millions sterhn t { for which it gave scrip for?29,S8U.UUU,I; era trifle over three-fifths cf one hundr t j money for one hundred stock,?being .* ,! interest a little under five percent, per a . i num?Suppose the interest to ho at o ! legal rate of six per cent; then the Briti >! debt would he precisely ?475,GGG,GG t | Hence the financial writers of Knglan s! estimate its real amount to he 500,000,00 J In 1833. die income of Great Britan w 51 estimated at seven hundred and fifty m . ! lions sterling ; an income tax, therefore, > J seven and a half percent, per annum, wou , 1 pay off the deht in ten years, if that opcr ] i tion shoul 1 he deemed desirable. 11 The lowest rate at which three percer j s ock has ever sold, was fort}.eight p . 1 cent.; which gave an in crest of ?G f ' ?96?being a shade over G per cent. 11 present price is about ?90, making f interest 3 1-10 per cent. ; say sixty-tv shillinors fnr nnn hundred rntnids Slcrlill ! They have been sold as high as 90. wld 7 ' gave a mere trifle over three per cent. i ! terest. It thus appears thatJiMS is the lo' j j est, and JL'OG die highest price at whi< ! the stocks have been sold ; so that the av< ' 1 age is JC72 for 100 of stock. It is prop b | to observe, however, that this only shoi | the price on change, and not that at whii i the loans have been negotiated by gover I nicr.t, j 5 ! MR. DIDDLE S LETTER TO MR. ADAM r I t , j We present to our readers to-day a thi s! letter to Mr. Adams /rom the President ' the Pennsvlvania Bank of the United Stat t j which will be rend with not less interest ai I advantage than the preceding ones. It i f j j a perfectly clear and satisfac'orily expo: j tion of the existing state of tilings, .and en j) not fail to carry conviction to the minds t j all. It shows that the course adopted I ; the banks of Philadelphia was imperative 'j demanded by circumstances beyond the ' control, and that it will he most conduci ' j to the ultimate benefit of the communi j j and country, that the Dank of the Unii< j Slates has been actuated in this measure 1 *j the same spirit of patriotism and wisdo I which has guided all its proceedings, ai ; that it will be ready at a moment's warnii * j to do its part in restoring matters to the j former cor.di'ion of peace and prospcrit '; ?Xational Gazelle, . I Philadelphia, May 13,1837. t ! My Dear Sir: You v.crc good enough I express a wish to know my own views ?j jlie present state of things, and I hasten | | give them without reserve. ?| You muji perhaps, remember that in n II letter to you of Jie 11th of IVovember la: ?j I stated what seemed the real causes of tl j embarrassments then exiting, and the a; ; | prcpriatc remedies for themfau'ding, tiiat I f fh.pir nrl/ilVir.n "rrnifiilmmn wnuht he 1*0 I! torod in twentj*-four hours, and repose I ! least in as many days " Six months' fu ) i ther experience has only confirmed th j opinion. I believe now, as I believed thei ! \ that the events of this week might ha\ ! been readily prevented, and thai the unha| j py perseverance in the measures then d< j prccared has reduced the country to i ' present condition. But I have no leisui \ now to discuss the subject, and no dispos jtionto indulge in unavailing regrets. ; will be more profitable to look distinctly ; > the present position of the batiks and ti i country, and to suggest their respective di . j tics to themselves and to each other. 1 ] All the deposits banks of the Govern me ' of the United States in the city of No j York suspended specie payments this wee] i the deposite banks elsewhere have follow ! their example; which was ot course adop ;! ed by tlie S.a;c banks not connected wit . the Government. 1 say, of course; b; j cause it is certain that when the Goven l mcnt banks cease to pay specie, all t!ic o'.l . er banks must cense, and for this ch ar re. . son : The great creditor in the United S.nt< | is the Government. It receives for data j the no.es of the various hanks, which at i placed for collection in certai 1 Goven mcnt banks, and arc paid to those (iovert 'men: banks^ in specie if required. Now, these Government nanks, the depositors cf the public revenue, will not pay specie fc the very warrants drawn upon them bv :b Treasury, tlie Government of tlic Unite I States from that moment cease s :o pay spr ; cie to the citizens of tlie United Stales. A : moreover, tlie Government receives forth) ties only specie and the notes of specie pay ing banks, the instant its owndeposite bank cease to pay specie, the Government nuts refuse to receive the nctes of its own dc posife banks and can receive no notes e\ . i'io^o nf banks not denoshe banks. Oi >.jr T.? t- -y.'a uwi 'Ut>. n> -A. c ' to 1 K!y i s deb s in specie, and i; has no 1 : means of procuring speeio rxcvp: from the* * I banks no! c ed will the treasury, so ; that ii> so h:uiks find ail their nott s collected ; *> and paid into the Treasury for duti'-s cont . verted immediately into specie for the use ; ;e ()? tiu-(ioveriinic:i:,W!i;:;. thoiieoosue bairns will not pav their deh s to the otner banks in specie, tier pay th.e Treasury warrants in te specie. Take, lur instance, this example, y The claimant under the French indemnity : n-j had certain moneys due him in France, j m 'Pirn Government imported ifin gold for him; f T- and when the day of distribution arrived,' [d ho obtained an order lor his portion. Hut, s_' instead of receiving his own share of his i f own proper 'dt-n i nil gold. he has received j neither gold nor silver, but the notes of the U- j Fcposi.e banks : wliich very notes tiie (io- t ^ ! vernment itself wo iM refuse to receive from , f>" , this ver\* claimant tor any debt winch he j 25 ! might owe to the Government. So long, | 19 j therefore as the (iovernrnent and the Go- j US vernmont banks wi i not pay specie 10 A J! other banks, it would be rashness in those j <5 banks to pay specie to them: and, as bt | they cannot make a discrimination in j j diose whom they will pay, the only al. 33! ternativc is Jo concur with the Govern-j 'c* nvnt banks in the genera! suspension. : in. j Our Philadelphia banks saw this. They f?) 1 thought r useless to carry on so unequal! i'- an intercourse, in which thov were to j J pav to Xew York, while Xew York refused I l,(" j to pay to Pennsylvania ; for if the Pcnnsyl-1 v* | vnnia banks paid while those of Xew York ! o*did not, the whole revenue would have been 1 ? j turned into Pennsylvania no es, and specie 'd ' demanded. xl]! In the midst of these disorders, the Rank j n- j of the United St iles occupies a peculiar po-1 ur j sition, and has special duties. Mad i coil- I s;> i suited merely its own strength, it would nave j ! continued its payments without reserve. Cut! id ] Is-. Like ail the other Pennsylvania i 0.' banks, it owed a du y to the citizens of our j as : own State ; and it was no: disposed to stand j d-! aloof from a general movement of the o'her of j S ate institutions, which however it might i d | regret, it could nof rcn>ure. a- j t2d. It was not inclined, moreover, to ; ' discredit, bv a refusal to receive it, the paper j it. i of the other State banks which had ceased j er ! to pay specie, still less to force its Pennsyl- i or ; vania debtors to pay their debts in specie, lie | when other citizens in other States were alhe | lowed to pay in a less costly medium : thus ! vo | breaking down, for the benefit of other ; g. States, the merchants and manufacturers j eh r and mechanics of Pennsylvania, n- j 3d. While the vaults of all the other j w. ( hanks were closed, the Government of the j ch United States would have no resource to: :r.' procure specie but the Dank of the United j icr | States, which oueht no' to assume tiio risk ?vs | of being the only source of supply for bull eh j ion to the Government and the land offices ; i).! as well as for exportation. i 4th. The deposite banks of the Govern-1 ment would not pay their debts to the bank \ S. j of the United States. Why, then, should ! r(j! the Bank of the United S'ates pay to these j 0f i institutions, on account of the Government, cs' specie fur their notes, when these very \ llcj banks would not pay their own debts ? There ! js would have been an equal want of recipro-1 S1 I city and of justice in such a proceeding. ! n. | 5th. There was another reason against j 0fj if, final and decisive. From the moment j [jV t that the deposite banks of New York failed j |v ! o comply with their engagenvn s, it was! >jr i manifest tiiat all the other deposite banks j v.c j must do the same, that thcro must be a uni- j ... | versal suspension throughout the country, j j and that the Treasury itself, in the midst of | ijV i its nominal abundance, must be practically i j bankrupt. 1(j j In such a stale of things, the first consid ! V1 i cratton is how to escape from i:?now to I | provide at the earliest practicable moment j v> j :o change a condition which should no? he j . tolerated beyond the necessity which com- j | mandod it. The old associations, the: cxtcn- i sive connexions, the established credit, the ,0 large cap tal of the Bank of the United States rentier it the natural rallying point for [ t0 the resumption of specie pay men s. It I j seemed wiser, therefore, not to waste its | ly strength in a struggle which might be doubt-; si, ful, while the Executive persevered, in its ' lie ! present policy, but to husband till its rcsour- j p- j ccs so as to profit by the first favorable mo- i yy ? mcnt to take the lead in the early rcsump ; s- (tion of specie payments. According, the j at i Bank of the United States assumes that po-! r-1 saiprt. From this moment its efforts will j at! be to ketg itscjf strong, and to make itself j i), I sironger; always prepared and always anx-1 e j ious to assist in recalling the currency and j j I the exchanges of the country to the point i b- i from which thej have fallen. It will co- J s i operate cordially and zcalonsly *S[th the: re | Government batiks, with all the other banks,: ;i. j and with any other intluences which can aid . It | jn that object. at! In the mean time two great duties devolve ie on the hanks and tiie country, u- The first regards foreign nations?the j second our own. We owe a debt to for* i nt i eigners by no means large for our resour- j w j ccs, but disproportioncd to our present <:' means of payment. We must take care d that tikis late measure sliull no< seem to be 1 an effort to avoid : lie payment of our hones! :h | debts to them. We liavc worn, and eaten f and drunk the produce of their industry?too j 1.1 much of all. pcrhnpr, but that is our fault, i: i.! no: theirs. We may take less hereafter, but j the country ?s dishonored unless we dis- i . ?s; charge shut debt to the inmost farthing. ?s The second duty is to ourselves. We I' c , s.sould bear eonstan.lv in muul that the stt p j ' i.! which lias bcon taken is excusable only on j 1 j. | the ground of an overruling necessity. We j if! must not make the remedy itself a disease, j s ! it must not bo the pretext of extravagant j I >r | leans or issues. These are already suffi-' * c ' ctently inffatcd; and if we have voluntarily d ; removed the most familiar and established . ?. j check upon all issues?their immediate con- t s j vertibility into coin?it is our duty to sub- j i.; stitutc some effectual restraints which may i ^ . j enable us to restore the currency, without i s ' delay or difficulty, to a s if.; and wholesome jr ;i j coiuiitiun. The result of the whole is, that i . i a great disaster has befallen the country. ; ' ' I y existence thus far is only a misfortune; j * a its continuance wiii be a reproach, from t .?' ...u:ru ,o , ... . ....... ,.mv x;r } .. -777 77*__1T7. ?- i i i ai a in_i? im.i uwjp . j \\ <; must try to reader it as short as pesst. 1 M b!e, waiting patiently and calmly for the ac-1 iioa <d the. (.tovernnv-n', and in the m< an ! TO tune diminishing its dangers hv great tiro-' ,? i ^ I Ml! done- and lorbcarnnco. 1- or m vself, vou j know how zealously 1 have labored to avert i C" this misfortune. \Vif!) not less anxiety I' 1*1 4* . n ^ s.Kill now s!nvo to repair it. I f \\ itii great reject and regard, yours, j |;a N. IJiDDIiK. j tic lion. J. Q. Adams.Quuicv, (Mass.) on : | tie el Curious River.?In the province of j th Andalusia, in Spain there is a river called in the Tinlo, faun t!ic tinge of its waters, which j are as yellow as topaz. It possesses tee} ., most extraordinary and singular qualities.1 * * * ill If a s'ono happens to l.til in and test upon j; another. tl ey become, in one year's time,; _ perfectly ccnglutina'rd. Ai! the plants on j re its banks are withered by i*s waters when-! sti evertliey overflow. No kind of verdure cf will conic up where its waters reach, norij1} can any lisli live in its stream, l'hc river! ^ rises in the Sierra Morena mountains, and ; ?0. its singular properties conitnue until other i ra rivers runs into 7 and alter i s nature. I qi | w Expedient of a Needy Traveller.? j [[. Wc have heard the story ofan English half- j pay ofilccr living at Florence, much in deb:,; V( and desirous 10 get to England, but unable j w to procure iiis passport, without which lie j m could net be permitted to depart, on ac- 3*( count of tlie interference of bis credi'ors. I fie one day, in a cofibe.house, fell to abus- ! ing the Grand Duke in very outrageous jta terms, in consequence of which he was no.v j ^ day conducted to the Tuscan frontier by ! 0'^ a police officer. The following expedient,1 S related by a London paper, is much less ' c< obvious und more ingenious :? te at Uf Secret.?A secret toM to a great many rc ioses its value. A man once met old Bass; anil j T took him aside to tell him a secret* J j0 " Have you to'd it to any body else " said i q* p( " Only to my friend II ," said he. lit " No matter then," answered the joker, S I, w will learn it of him, and sh - Il then have the j sc benefit of a supplementary addition into the j of bargain." j C "Is not that a forward child," asked young ! Bass of his father, as the) passed an old drun-1 *, kard who was supporting himself by a lamp j ct Post. ' j " Why V asked the old man. . 'rc " Because he is grey-headed and can't; m go alone." . , I th I pc A Distixctiox.?" I say Pomp, wot de j to stinctiou' tweeu poe:try and what they call j It plank worse /" \ pc " Wy, I tell ye, Nebucknezzar! wen I say? i it 4 Tumble ober mill dam, ' N Come down slam :?' ' foi n.nnrf rr* trrtn f cnt* 1 l>r UUb C j'V'vl li t l/Ul ?? 1 11 Jk CUJ , lit. 4 Tumble ober mill-dam, ; or Come clown k-splash ; i an dat's iccrse." ' j mi CHERAW GAZETTE | * - - dc \\T. 13*ESDIY, ^IAY 31. IS 37 j ni i I CIIERAW AND WACCAMAW RAIL ^ ROAD. j no The attention of the reader is called to the j pe notice in our advertising columns, calling to- ! it gethcr the members of the Convention, on J fjjj this subject, which assembled at Marion; jn Court House, in January last. We hope the j ca meeting will be well attended. I ^ai I C31 Petitions were sent to the late session of the Legislature of New York to grant jury | pc trial to fuguti'-e slaves taken up in that State, J ha and also, to grant the right of suffrage to free j : ro< persons of colcr. The committees to whom : tQc the petitions were referred, reported unfcvor- j for ablv, and the report was concurred in, almost ist unanimously. ! tlti * ; cla ca] Steamboat disaster.?The Steamboat Don J arr Sherrod was lately burnt on the Mississippi, j bai below Natchez, and out of 23.3 persons on ; board, only 60 were saved. The fire was | caused bv overheating the furnace in a race i f,c ? i t:u with another boat, so much that it set fire to ! bP the wood. A barrel of whiskey was placed I pa; on deck during the race for the use of the j ju hands and they became intoxicated. 3 ! un ; o\v Ti'ie Secretary of the Treasury has issued j an two circulars, one requiring specie payments ( it and the other authorizing tiie postponement oi. 011 commencing suits on bonds till October, that i ^ is, till after the meeting of Congress. _ c}i j av Tiie Legislature of X. York has passed the ! an bill legalizing the suspension of specie pay- j jr ments by the banks cf that State. j Another Steamboat lost.?The Steamboat j nj Swan was snagged on the 23d instant, on her | sc way from X. Orleans to Louisville, and sunk, j 'ta Xo lives lost. j ^ I nri ,. jr The Now Orleans Chamber of Commerce. tat a meeting on the 20th May, passed, among1 tei other resolutions, one expressing the opinion tio that a national Rank is indispensable, and ap- j uc pointed a committee to prepare a memorial j * to Congress 011 the subject. hai \va On the 17th May, twenty vessels arrived j abc in the port of Xew York, having on board up-1 Its ivards of 200,000 bushels of wheat and rye. j ^ Dn this there must now, of course, be im-? menso loss. j Ca: The Governor of Alabama has issued hisj )rociamation convening the Legislature of; ^*0 hat State. . ? An article is going the rounds of tiie aholi- Its ion papers, proposing to organize as a political; T01 jarty against the Administration of Mr. Van i Juror, cn account of the pledge in hisinaugu-; rx a', against abolition m the district. It is J j contended thrt the abolitionists hold in their bar lands the balance of power, between the | iVltigs and Administration party, and that ^ hey car., by uniting with the former, turn th^ ' 0fj [FI1CIIANTS BANK OF CI IE HAW. the pnrsiDr.M and miutcToas of Tiin IRCilANTS BANK OF SOITII CAROLINA AT ERAW. The und^rs'gned having been invited, by rote of your Hoard, to meet at your place business-*, nr.J examine into the resources, bilities and general standing of the Institu?n under your management, and to c.\pre?3 .r opinions thereon, especially on the recent termination of your Board, to suspend, for c prc.-enf, specie payments for your notes circulation, take occasion to offer you very iefly, our views 011 this subject. We express no opiniou on the wisdom or l!y of those counsels which first adopted this eastire, as relief, from the severe pecuniary stress in which this whole country is involved -on this question men will differ, as their ason or their politics may dictate. It is ifficicntly obvious, what must have been its fort on"your Institution had you been the st to resort to it. But gentlemen, it never is been a question for your deliberation, hetlinr a suspension of specie payment for ink notes was on the whole, a discreet or a .sh policy?whither this would afford adejate relief to the disease of the'times, or hetiier its result would not prove more disasous to the monetary system of the country, ian the evil it was intended to counteract? icse questions you found already decided at )ur hands?and decided by these tribunals to hose authority you were compelled to subit?or to pay off your liabilities and close Dur business. New York, from her favorable position, * jmmcrcial advantages, and extraordinary cilitics, in the command of mean* pos sses as it is well known, a c.ntroaia^ science over the industry and as wed as ;er the money concerns of ihis country.? lie is tiie Importer of all foreign articles of msumption used in the south?at her counrs we make, payment for almost every _c r. : J ?!_ rucie oi lurt'igii ur uuiucjjiiu luaiiuiaciurc :cd in onr country?md at her counters, we ;ceive the money for our Cotton, Rice, and obacco, its staple products?in whatever raarial she pays us, we can pay and in no other. he banks of this city first adopted the susmsion of specie payments as a measure of reif from'thcir pecunery cmbarrasments, which as succeeded almost immediately, though in ime instances with reluctance, by the banks ' Boston, Philadelphia, Baltimore, Norfolk, harleston. Mobile, and, in due time, by every her bank in tiie State of South Carolina. li se facts were before you when you adoptl your resolution, to do likewise. Indeed jntlcmen wc are at a loss to perceive how ui could have done otherwise, with a decent gard to your own characters as prudent en, or without a flagrant breach of trust to e stockholders you represent?And it apiarstous that the whole South must yield the same necessity whicl^ presses upon you. requirs little forcast to discern that if any trtion of it has not. yet adopted this measure will be compelled to dorso or stop its business. ?... '. XJW It lllwi. O IU pajr US rt UUUtW III ^UIJl r our Cotton, most of which finds its way to t market, and of which she is the purchaser paymaster. Ckarics/on follows her exnplc, and rays to the back country, you tist not look to us?hut these are the sources >m which you hive hitherto procured your :tals, and" being so cut off, you must look ewhere. It is very plain you cannot reem your notes in specie anil receive your ymcuts in paper, and it is equally obvious at the only alternative left you is to say to ur country debtors pay us in specie for your es. The laws of the country would com1 them to do so, the bank might have requirit, and sold their property to have enforced Now gentlemen had the bank assumed is possition, the sweeping and hopeless ruin which it would have involved all its debtors n neither be portrayed or imagined?their ids, their slaves, and every portion of their fnfoc In'l tvnn'/I hr>vr? lir?r?nTTir? Hin nrnnortir -...4 the bank ?t merely nominal prices, leaving jm not only ponnylcss but with balances painst them, which in most eases it would vc been imposible for them ever to have paid. l'Jcr this view of t!ic subject gentlemen we jard tlie late determination of your Board suspend for the present specie payments your notes, not merely as a measure of irresab!e necessity but of imperious, paramount ty to your numerous debtors, which as a iss, we believe to embrace as much solid pit.il, industry and thrift, as can be found long the same number of debtors in any nk in any state. Having shown then, that without regard to ) state of its own finances, and not merely, r mainly to promote its own convenience, j Bank has been compelled by a necessity vond its control, to suspend the customary yment of its notes,?&, that this necessity has this case, assumed to higher obligation of perativc duty?that even if it held the most doubted security f?T a million of dollars, and ed but one tenth of that sum, this necessity d tliis duty would have demanded the course has adopted?it next became a question of r enquiry, is the Public safe ? What r> tVio mnnne nf flm n.irilr ? TTim* nro ita ids invested?are thev adequate to the disarge of its liabilities 1 and can they be made ailable. in .any other shape, than that of gold d silver bullion to the payment of its debts, id in pursuing this branch of our investiga>n\We have not rested in the general statc?nt, that more is due to it in dollars ¢s an it owe?, but we traced its funds to their merous depositaries and determined for ourlvcs the safely and security of these depesiries. And we deem it a duty to thcimmedi2 officers of the Bank to state here, that thev omptlv and cheerfully afforded us every deed facility in the conduct of this cxaminan?in the production of books, papers, let's and in furnishing statements and explans of all its transactions, the result of which present in the following condensed statcnt of its means and business. The capital stock of the Bank, originally one fthis amount lias, been enlarged as the nts of tfic community have called for it in >ut three years- to 8400,000 assets in receivable exchange mostly on Sew York and Charleston, 442,912 70 tes discounted at Bank. 524,348 3D ?ii balances in other Banks & 1 the hands of its agents abroad ^ 81,164 00 tcs of other Banks 14,267 50 ccic 61,732 75 81,12 4,425 34 liabilities are r aoros in circulation 5*r8,S05 00 vate deposites 81,32.2 58 673,125,58 coss of assets over liabilities ?451,296,76 l>y this expose.it will be perceived that tlie lk is in possession of funds to the amount of re than 8124,000 to pny their debt of 73,128, nearly tv?j dollars of means for one debt. To satisfy us ot the investment his fund of over one million of dollars the fV rt? .*/V g''ve vvc ft- ? nnT*'tUt rf