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THE PILOT, EDITED BY DUFF GREEN. Ts publiihed at No. 11, Water Pt. Baltimore, nearly opposite Cheapside. TERMS.—DaiIy, at Six Dollars per annum, or Twelve and an Imlf Tents per week, payable to the carrieis. Country, Five Dollars per annum, payable in advance. Extra, in'pamphlet form and double Royal size, atOne Dollar, for twenty-five nimibeis. TERMS' OF ADVERTISING. 1 square 1 inserti' n, $0 50 1 square 1 mouth $4 00 1 do. 2 do. 075 1 do. 2 months 700 1 do. 3 do. 100 1 do. 3 do. 10 00 1 do. 1 week, 175 I do. 6 do. 16 00 1 do. 2 do. 275 1 square per year, S3O 00 Cards of two lines only, $8 par annum, in advance. (fe-Ten lines, or less, make a square. If an advertisement exceeds ten lines, the price will be in proportion. All adver tisements are payable at the time of their insertion, except yearlies, which are payable quarterly in advance. All adver tisements ordered in till forbid, will be charged fifty cents for each subsequent insertion. RICHARD J. MATCHETT. PRINTER. GENL. HARRISON.—When four years ago Geul. Harrison was nominated for the Pre sidency, the mere politicians of both parties had but little idea of his strength with the people. Men, who make a business of politics, are too apt to become heated partisans and thus over look the elements of popular confidence. In •the first place Genl. Harrison is the son of a Virginia gentleman of the old school, when Virginia had many sons, fit to associate with Washington, Jefferson, Henry, and Madison, and was educated under the strong impulses of the Revolution. From Virginia, and these revolutionary scenes and impulses, the young Harrison was transferred to the great West, where nature is exhibited on a scale calculated to call forth the nobler qualities of man, and teach him that where God has given so much to promote his comfort and happiness, man himself is bound to do his part in harmony with the Creator. Called at an early age to preside over a ter ritory, an empire in extent and natural re sources, he carried into the discharge of his of ficial duties, the sympathies, the feelings and principles which yere the natural growth of his early associations; and which by assuring liberal justice and good faith, made liirn a pa rent to his own people, and the beloved, even of his savage neighbours. Of his treaties and his influence over the Indians, and the wise and humane policy by which it was acquired, we will speak hereafter. It is of his claims to to the confidence and support of the people; ol the elements of his popularity that we would speak now. None but those who have lived in the frontier—none but those who have studied man, released from the arbitrary restraints of •denser communities; —none but those who have seen man, the avenger of hit own wrongs, can appreciate the talents and administrative qual ifications of the youthful governor, who by the force of his own character; by an equal and impartial administration of har mony and good will, peace and quiet, and a ready acquiescence in all the salutary restraints of the law; and whoso discharged the arduous and responsible duties of his office, as to silence all complaints in the feeling of respect, confi dence, and aflectiou, which hallows the remem brance of his deeds, even unto the present day. When we look back to this early period of his history,and remember that he carried with liim into the camp, and into the field of battle, the same regard lor justice—the same sympa thy for his fellow, the same firmness and moral courage, we will at once see the sources of that popularity which, in the present trying emer gency, qualifies him to be the candidate of the people, in the effort they are now making to rescu.' the government from the unfaithful and corrupt public agents, who have reduced the country, in times of profound peace from a state of unexampled prosperity to a condition of the deepest distress. His popularity is not the accident of the times. He is not the mere conquering hero. He is beloved in private life, the efficient and faithful public servant. "THE AVAILABLE CANDIDATE" The Globe and its echoed would disparage the People's Candidate by insinuating that his chief recommendation is his " availability It is true that a most strikingsign of the pre sent times is that individual ambition is silen ced under the feeling that every patriot should contribute something towards the rescue of the country. The conduct of those who,forgetting or foregoing their own preferences, have united on Gen. Harrison as the available candidate,is a most striking proof of their disinterested con viction of the necessity of sacrificing something for their country; and so far from its being an argument against -him that he is supported by men and parties of conflicting interests and opinions; that single fact speaks, volumes THE PILOT. "POWER IS ALWAYS STEALING FROM THE MANY TO THE FEW." BALTIMORE, THURSDAY, APRI L 2, 184© against the misrule of those,whose maladminis tration has been such as to drive into a com mon support of thp opposing candidate, men so much opposed to each other. And it is an argument in itself unanswerable, in behalf of Gen. Harrison, that all these conflicting ele ments unite on him with a common confidence, and give him their voluntary suffrage, with no other commitment on his part than, the histo ry of his public service, and no other guaran tee, than his unimpeached patriotism and in tegrity. These are indeed, signs as encourag ing as they are gratifying—encouraging be cause they are an earnest of success—and gra tifying not only because they are an earnest of success, but because that success will be a tri umph over the selfish and sectional feelings which tend to sever those who should be united m the maintenance of that independence and public liberty, which was purchased by the blood of our fathers. There are some iruths about which there is no dispute—Even Mr. Grundy and Mr. Bu chanan admit that a scarcity of money will re duce wages—ls money scarce and are wages low? If these questions are answered in the affirmative, we would then ask the laboring man why is it so ? Why is it that he cannot get employment? Why is it that no one now thinks of building a house; and why are the willing hands idle all the day long? Is thik affliction sent upon us for our sins' Is it because the people have worshipped the idol which they set up, as the work of their own hands? Who can read the eloquent appeal of the Prophet Isaiah and not feel how applicable it is to our condition as a nation? He says; Hear, O Heavens, and give ear O earth, for the Lord hath spoken, I have nourished and brought up children, and they have rebelled against me. The ox knoweth his owner, and the ass his master's crib, but Israel doth not know, my people doth not consider. Ah, sinful nation, a people laden with ini quity, a seed of evil doers, children that are corrupters; They have forsaken the Lord, they have provoked the Holy One of Israel unto anger, they are gone away backward. Why should you be stricken any more? Ye will revolt more audjnore; the whole head is sick and the whole heart is faint. From the sole of the foot even unto the head there is no soundness in it; but wounds and bruises and putrifying sores: they have not been closed, neither bound up, neither mollified with ointment, Your country is desolate, your cities are burned with fire, your land, strangers devour it in your presence, and it is desolate as over thrown by strangers." And again, pursuing the same subject hesays : "Wash you, make you clean; put away the evil of your doings from belore mine eyes; cease to do evil; learn to do well; such judg ment, relieve the oppressed, judge the father less, plead for the widow. Come now and let us reason together saith the Lord: Though your sins be as scarlet, they shall be as white as snow; though they be red like crimson they shall be as wool. If ye be willing and obedient, ye shall eat the good of (he land : But if ye refuse and rebel, ye shall be de voured with the sword, for the mouth of the Lord hath spoken it. How is the faithful city become a harlot: it was full of judgment; righteousness lodged in it; but now murderers. Thy silver is become dross—thy wine mixed with water; Thy princes are rebellious and companions of THIEVES, everyone lovtth gifts, and fol lowetli after REWARDS: they judge not the fatherless, neither doth the cause of the widow come unto them. Therefore saith the Lord, the Lord of Hosts, the mighty one of Israel, Ah, 1 will ease me of mine adversaries, and avenge me of mine ene mies : And I will turn my hand upon thee, and purely purge away thy dross, and take away all thy tin: And 1 will restore thy Judges as at the first,- and thy Counsellors as at the beginning; after wards thou shalt. be called, the City ol Righte ousness the faith!ul citv." The Globe of February 3d. 1840 speaking of Mr. Buchanan's speach says: "There was a bold position taken by Mr. Buch anan which us he was then the only representative for Pennsylvania, we were proud to see him take.— It was that the Bank of the United States had for feited its charter, and that the state should at once be delivered from it. He said that the Bank had been guilty of several palpable violations of its char ter, —that it was at the mercy of the Legislature,— that it had prononnced its own doom, and that it remained for the Legislature to execute the sen tence.—This we hope it will soon accomplish by a repeal of the law which the bank on its part has in effect abrogated by its violations.—But if the Legis lature should fail to perform its duty, we rejoice to find that Mr. Buchanan holds it to be the duty of the Executive to put an end to tho Institution through tho "agency of the judicial tribunals." Comment : It has been a matter of surprise to us that this outrage on propriety should have been passed over without a word of censure. —So far as we have seen not a press has spoken of the of the Globe in thus commanding the Legislature of Pennsylva nia to repeal the charter of the Bank ! And who is it upon whom the accomplished Senator and the Globe wage this war of extermination ? UNITED STATES BANK. Incompliance with a resolution of tho House of Representatives, the Auditor General of Pennsylva nia a few days since communicated the following in formation relative to the L'uited States Bank. Statement of the Stock of the Bank of the United States of Pennsylvania, January 1, 1840. No. of persons holding Stock to the amount of 5 shares and under, 864 do do 10 " 661 do do 20 " 732 do do 50 " " 994 do do 100 " " 588 do do 500 " " 814 do do over 500 " " 80 Par value of the Stock, SIOO per share. The number of shares held by - Females, ... 29,876 Executors and Guardians, - - 4,256 Trustees, - - - 16,248 Benevolent institutions, - - 1,758 Number of Stockholders in Europe and Elsewhere, excepting U. States, Great Britain and Ireland, - 1184 France, ... 36 Spain, - - - - 59 Portugal, ----- 6 Germany, - - - 10 Holland, ----- 26 Belgium, - - - - 1 Prussia, - - - - 1 Denmark. - - - - 2 Switzerland, - - - - 4 West Indies, - - - - 52 East Indies, .... 1 South America, - - J _ 2 Mexico, - - - - 3 Nova Scotia, - - - - 2 Statement of the amount of five, ten, and twenty Dollar Notes, of the Bank of the United States in circulation on the Ist of January, 1840. Five Dollar notes issued under the Bth section of the Improvement Act, passed July 19, 1839, $ 20,000 00 Ten Dollar notes, 1,831,110 00 Twenty Dollar notes, 1,138,880 00 Statement of the amount of five, ten, and twenty Dollar Notes, of the Bank of the United States in circulation on the Ist of April 1838 Fi\e Dollar Notes, none. Ten Dollar Notes, $2,136,000 00 Twenty Dollar Notes, 1,046,000 00 Number of Stockholders in the United States. Maine, ----- 16 N. Hampshire ... 23 Vermont, ----- 4 Massachusetts, ... 106 Rhode Island, 40 Connecticut, - - - - - 60 New York, - - - - 230 New Jersey, - - - - 117 Pennsylvania - - - - 1481 Delaware, - - - 51 Maryland, - - - - 289 District of Columbia, - 37 Virginia, - - - 211 North Caarolina, - - - 27 South Carolina, ... 340 Georgia, - - ... 36 Ohio, 22 Kentucky, - - - - - 18 Tennessee, - - - - 4 Indiana, ----- 2 Illinois, ----- 4 Alabama, ----- 1 Missouri, - - - 2 Mississippi, ... - 1 Louisiana, ... - 11 3133 The nobility holding Stock are: Earls, - 2 Marquises, - - - 2 Counts and Countesses, - 8 Lords, - - - - 2 Knights, Barons and Baronets, - 28 The reader will be surprised as we were to find 29,876 shares of this stock belonging to Females, 4,256 to Exectors and Guardians, 16,248 to Trus tees and 1,756 to Benevolent Institutions—but that surprise will cease upon a moments reflection.— The stock of this bank was considered the best in vestment for persons of this class.—The widow and orphan, unable to manage their little capital, the saving—the hard earnings of a beloved husband, or the lamented parent, invested it in the stock of this bank, hoping to receive the means ofsupport ; but no, —abuse of the Bank was decreed as a party mea_ sure, —the estates of the widow and the orphan were to be sacrificed to accomplish a party end, and hence the Senator from Pennsylvania, and the Edi tor of the Globe, pronounced exparte denunciations deeply affecting the credit of the Institution and greatly depressing the value of the estate of tho Bank in which their bread was placed,—what a spectacle is here presented ! bow deeply humiliat ing are the reflections associated with it ! Mr. Buch anan is a gentleman, aspiring to the respect and confidence of his country, and yet such are his po~ litical associates that he seeks popular favor by such expedients.—To say nothing of the ruin and wide spread desolation whirh the sudden winding up ofthat Institution would create, what are we to think of the political morality, which regardless of the tears of 1 the widow and the orphan would purchase exalted office by nch appeals to the passions and misguid ed prejudicesof his fellow citizens. THE ISSUE.—We are indebted to the Globe of the 27th February for a declaration of the purpose to be accomplished Iw the Sub- Treasury; That paper says: "We received by this morning's western mail, a letter from the greatest and wisest man of our country in which he says; 'The passage of this bill (Independent Treasury) and the bank of Pennsylvania being put down—its charier being repealed by the Legislature of Pennsylvania—will at once give more relief to the present pressure than any thing that can be done. Our solvent banks being relieved from the constant drain of specie by the frauds and machinations of the directors of this bank. This will put down all insolvent banks and re lieve the people from the curse of a depreciated paper, which we now labor under, and which I trust we will never again be visited with. The eyes of the people are now wide awake to this evil. They will sustain the Government in putting down the paper credit system, and all hills under twenty dollars, and / hope ere long, all bank notes under one hundred dollars." Here is the distinct avowal, of a settled pur pose to pet down the paper credit system, and ALL BILLS UNDER ONE HUNDRED DOLLARS. Is it not matter of surprise that with this creed engrafted on the flag of the party, Mr. Buchanan should declare that he is not hostile to banking?— What is the paper credit system which is to be put down? What else but the Banking system is intended? For the present we pass over the repeal of the Charter of the United States Bank, and meet the proposition to put down all banks by suppressing all notes under one hundred dol lars. In the political clamor against banks and banking, the end for which banks are created, and the description of persons who own the greater part of bank stocks, are overlooked. In long established communities there is a gra dual accumulation of capital in the hands of persons who cannot administer it themselves— and it will be found, if we analyze the list of stockholders of most banks, that a large part consists of females, guardians, trustees and be nevolent Institutions—because banks are or should be under the management of intelligent men, who manage the funds entrusted to them, so as to give a certain and fixed income—lf business men, who are familiar with the oper ations of trade, find it difficult to manage the banks so as to give certain and lair dividends, how can the widow and the orphan be protect ed against loss? The experience of ages has confirmed the wisdom of such investments; and it will be found when the losses by banks and bankers are compared with the losses in trade, or even on real estate, that the balance will be in favor of the banks. It will thus be seen that whatever may be the character of (he first subscription to banks, the slock is gradually absorbed by surplus cap ital belonging to innocent parties, widows, and orphans, and persons unable or unwilling to perform the labor of its daily administration— What a spectacle then is presented when grave senators make a war of extermination on this property!! And when appeals are made to the passions and prejudices of a misguided party, urging them to deprive the widow and the or phan of their bread, by destroying the value of the ban K stock on which they relv for subsist ence? But we will be told that the hanks have sus pended specie payments; that the object of the party is to compel them to redeem their notes in gold and silver. Now it so happens, that wherever the policy of the party predominates, —there the hanks have suspended,while where the banks are permitted to issue small bills, there specie is abundant and tha banks redeem all their issues in gold and silver. The war is not only against the paper credit system, but il is to be gradual — O&'it is to be continued/or FOUR years; it is to run through the next presidential term, and to furnish new food for political agitation. We have been told from high authority that ii'vve divorce the government from the banks, agitation would cease, and business and confidence revive; but now we have it upon even higher authority, that the war is to be continued, that the busi ness and credit of the hanks are to be assailed until all notes under one hundred dollars are driven from circulation. This may serve the purpose of those who enter into competition in courting popular favor by such means, but what will be its eilect on the business, the enterprise, the character, credit and labor of the country? If this war is to contiuuo another lour years, will not its effect on business and labor be the same that it has been for the last four? If you drive all bank notes, less than one hundred dollars/rom circulation, will it not reduce the value of all property, and by de pressing prices lessen the value of labor? Will it not ruin the industrious and enterprising poor, while ,it will enrich no one but the rich and the creditor classes? As such is the mani fest effect, will it not put tenfold pmver in the hands of bank officers and hank favorites,who r having the control of capital, and of the de mands accumulated in the banks against their customers, will be enabled to amass estates at the expense of the industrious and enterprising? Is it not apparent that this war upon the banks is but a pretence to inflame popular prejudice, an effort of political demagogues to use the people, regardless of their sufferings in elevat ing themselves to power I Is there any hope of restoring prosperity to the country, but by hurling these pretenders from office? PROCEEDINGS OF THE WHIG YOUNG MEN OF ANNAPOLIS. On motion of Alexander Randall, the meet ing of the Young Whigs was then organized by calling Thomas S. Alexander, Esqr. to the Chair, and appointing Edward Thompson, Secretary. On motion of Samuel Davis, it was resolved that the young Wfiigs of Annapolis appoint a delegation of twenty-six, to attend the Whig Young Men's National Convention, which is to assemble at Baltimore in May next. The following gentlemen were thereupon appointed said delegation: Dr. Abram Claude, William Clement Tuck, Jos. H. Nicholson, George Johnson, Edward Thompson, Philip Hopkins, Edwin Boyle, Jno. E. Stalker, Nicholas Brewer, of Jno., Alexan j der Randall, Thomas Ireland, Thomas Shep i hard M'Neir, Charles Clarke, Geo. S. M'Kier i nan, Edw. Augustus Davis, Owen M. Taylor, Henry Levely, Elijah Wells, Jun'r., Dennis Claude, Jr., Samuel Davis, George E. Frank lin, Richard Swann, Dr. Gustavus R. Barker, George Camden, Richard Purdy, Thomas N. Pindell. The meeting was then addressed by Mr. Johnson, of the State of Ohio, and by Reverdy Johnson, Esq., of the city of Baltimore. On motion of Edward Dubois, the following resolutions were adopted: Resolved, That we, the Whig young men of the city of Annapolis, will subscribe to the Pilot, a newspaper to be published in the city of Baltimore, by General Duff Green, to sus tain the election of the candidates of the Whig parly. Resolved, That we will endeavor to obtain other subscribers and contributions for the Pilot and that we earnestly recommend to the Whig party throughout the United States, and espe cially to the Whig young men, to do likewise. On motion ofOwen M. Taylor, the following preamble and resolution were adopted: Whereas, the election of Gen'l. WILLIAM HENRY HARRISON and JOHN TYLER, to the Presidency and Vice Presidency of this Republic, will be highly conducive to its future prosperity and happiness; and whereas, their election much depends upon, the zealous exer tions of the young Whigs—therefore, Rescued," That "the Kinderhook politician is 'no go' with us," but that we will strenuously co-operate with our young Whig friends in oth er places, in their determination to use their ! best exertions at the approaching November election, to obtain the people's choice—"the HERO or TIPPECANOE" and JOHN TTJLER; both democrats of the old school. On motion of Joseph Phelps, the following resolutions were adopted: Resolved, That to ensure the election of the Whig ticket, unity is necessary; therefore we pledge ourselves to give it our undivided sup port; and to make use of every honorble means to ensure its success. Resolved, That this meeting do recognize in. the selection of the two individuals that the Whig Convention at Harrisburg has made, to fill the highest stations within the gilt of this Republic, men of extensive attainments and unsulled reputation, consistent as statesmen in their devotion to their country's good, and eminently meritorious of the support ot the people of these United States, and that this I meetinsr, in co-operation with their Whig brethren throughout the United States, pledge themselves to use all honorable exertions to se cure their election. , „ On motion of Edward Dubois, the following resolutions were adopted: Resolved, Tfiat we do hereby agree to ap point five persons to be the Corresponding Committee of the young Whigs of this city- Resolved, That the Chair he authorised to name the said committee. The Chair then appointed, as said commit tee, Messas. Edward Dubois, George Johnson, Alex. Randall, Edwin Boyle, Nicholas Brew er, of Jno. The meeting then adjourned. THOS. S. ALEXANDER, Ch'n. EDWARD THOMPSON, Sec'y. The President has recognized J. A. Van COOTH as V ice Consul of the Netherlands for the port of Charleston. No. 1.