Newspaper Page Text
I. r. I VIN8, EDITOR AND PROPRIETOR. Trrnn : II a jrtr. pTM. In advaae. (" Na soex aiseoaUaaca entH all urania are pud, except at the aptfoaar th PuMiskcr. Aaasaaclng aancs f caaaiaatea tor Sce , Ouk. tKWtoary NtHloa. otct 1 kae,oaarfeai tarnlil adnrtUiag rates. Alt coniaaateatioae la tended la araeaata tin priraU cods ar InUruta f CorporaUaD, Societies, Schools ar IsTidaate, will ba eharge. aa adref UaeeaeiMa. ATHENS, FBI DAY OCT. SO. IB-tT. LestsLATlVi. Tho Committee have re ported a favor of the bill repealing the act creating the office of County Judge amend ing it so as to take effect on the lat of Jan uary next. The bill to increaae the fees of jarors, amended ao aa to allow Grand and Traverse jurors, and talistnen detained over night $1,50 per day, and 4 eentaa mile where they lire over five mile from the Court house, paaaed a third reading in the Senate. A resolution to adjourn' on th 34lh Decem ber haabeen introduced in the House. The democracy, determined to elect a Senator to the seat of John Bell, w hich doe not be come vacant till March, '59, fixed on Tues day te consummate that act In the Senate on the 20th, the lilt repeal ing the County Judge La was finally paased, by the decided vote of 20 to 5. - The patrol law of 1855-4 .was also repealed, and a bill slightly modifying the fees of Sheriffs and Constables was passed. ' In the House, the resolution of Mr. Wil li.tcna, denouncing the bank suspension was laid on the table, and ono subsequently intro duced bDr. Richardson, providing for joint select committee li'eonsider of the sus pensions, and to report by bill or otherwise. A resolution was also passed directing the Judiciary Committee to prepare and present to the House a Law Reform Bill. That of Mr. King, heretofore presented, will probably be adopted by the Committee. Th Banner any there seems to be strong feeling in this direction, and we are led to expt' soma radical change will be mad in th system of pleadings, if not in tho Courts themselves. ' ' Bank or Tsnnnssc. Th President of the Bank of Tennessee has issued Circular to the Branch, in which the following ooeurs; ' To such of your citizens as may need small sums for the purpose of ehsnge or traveling expenses, you will accommodate upon the 'presentment of your notes, as if no suspen sion had taken place. - , ' ' Monxt Montr. All the Free Banks, with the exception of the Bank of Jefferson and the two Banks of Claiborne county, are taken at par by the business men of this section. Of the Stock Banka, the ; State, Planters', Union, Ocoae, and Bank of Chattanooga, are also considered as good as Ben Burton's bills. Messrs. Sehorn 4 Ilornsby take the issues of the Bank of Bhelbyvill at par, and so do we when sny are offered. Gioboia. The official majority of Brown. Democratic candidate for Governor in Geor gia, is 11,087 votes. s Chip. The epidemic known a the "Ty ler Grip," ha been prevailing pretty general ly throughout East Tennessee. Having suf fered aoreral day with it, we feel competent to ay that the disease ia appropriately nam ed, a it is decided the meaneat order of cold respectable people were ever afflicted with. - - . l3fFor want of the usual assistance in our office, the .printing of several job ha been delayed beyond the time promised. A Hard Monet Currency. The Demo cratic papers are again loudly clamoring for an exclusive "hard money" currency. Well, the Democracy hove the power to carry out all their project. They have possession of tho Federal Government and nearly all th State Governments. Why, then, do they not quit talking, and proceed to work! Let us have their "hard money" currency. Let us have it forthwith. fW A Washington letter writer says the revenue arising from the present tariff I not adequate to the demand upon the Treasury, and that the President has expoessed th opin ion that a loan mutt be called for al tome pe riod within the coming year, fjgT" Mike Walsh, at one time prominent as the lender of the New York subterra neans the men of the back alleys and cel lars i a candidate for Clerk of the House of Representatives at Washington. Not withstanding Michael's former strength with tho dirty faced wing of the Democracy, he will hardly attain the object of hi present aspirations. A. D. Banks, of the Sonthaide Democrat, Virginia, Is also a candidate for the Clerkship, snd will probably be elected. Correspondence. A correspondence be tween several members of the American par ty in the Legislature and three or four dis tinguished gentlemen who wereaspliants for seat in th United State Senate not yet vaennt, ia published in th Nashville papers. .While generally we sympathize with our , American friend In their movements, wo Citu't help thinking that they rather put their foot in it that , time. Otherwise, that they were decidedly picked up .in th correspon dence. It ie someirue wholesome even for member of th Legislature to think before noting. ' Dimooract in Kansas. The Lynchburg Republican (democratic) touches tip th De mocracy of Kansas thus patriot who have been so profuse in professions of regard for th South after this wise: . ' "For ourselves, w ar gratified at th de tail of thenntinal democracy' in Kansas. It ia a debauched aat mad up In most part of political and personal raeeaia and k saves. Ransom is not one whit bettor than Psrrott. Both are Black Republican in principle If not in name ana profession. The idea or pro-slavery party running an anti-slavery can didate for Congress, in order.to make Kan an a slav State, was nothing hut meokery snd insult. It could deceive no one. It wis the result of a base betrayal of the cause of th South in Kansas, and it author have gotten th juat reward of their treachery. We have an otter and Inexpressible contempt for such Democracy, and cannot conceal it." It Is both rare and refreshing to find a De mocratic paper South placing proper esti mate npon tho nationality of it party In th Free Dirt country. I ff Word ha reached here that A. a P. Nicholson is elected to th Senate, in place of Mr. Ht II, whose scat become vacant March, '69. l-tfThe reader will find the latrst new on the nut page. Down or thr Bark. The Nashville Union and American ia down on all banks, and go, per eoc sequence, for an exclusive metallic currency. We will do th Union and American tb compliment to aay that a a partisan sheet it bsa ao rival in th State that it i some in th discussion of "grave constitutional questions," and that for dodg ing point and avoiding fact it loom up a full head and aboulder sbove all It eotem porariea. But we have serious doubt of tb financial skill and wisdom of its present writ ing editor, and of bis ability, even with the dvie andonsent of Governor Johnson, to devise a scheme that will prove free from the more solid objections now urged against banks, or that will prevent embarrassments, derangement and revulsions in the moneta ry and business affair of th country at time. Under the United State Bank we had a near er approach to ancb a system than has ever existed since Gen. Jackson commenced war npon it; but that institution, with all it pow. er, (and it enemies chsrged that it waa ira manse,) was inadequate to control tho mo nied affairs of the country, and prevent re vulsions in business and trade. It furnished one thing, however, which we have never had under the system inaugurated by the Demo cracy a currency opon which yon could tra vel from one end of the Union to the other without being ahnved whereae nnder the system established by modem democracy the men who came to eav (lie country from the evils of a raj currency the unfortunate traveller is shaved from 10 to 20 percent, at every Stuto line he crosses.' Our present banking system is to some extent wrong, and, no doubt, may be improved opon but the idea of abolishing bank altogether and developing the interest and copducting the business of this vast country upon a "hard money currency," ia too absurd to be serious, ly entertained by any one who hsa given the subject even casual consideration. There is a panic prevailing all over the country now, the bank have been forced to suspend spe cie payments for the time being, and every department of business and all branches of trade are more or less embarrassed and de ranged. The people the great masses, who dwell, not in cities, town and villages, but among the hills and Hollows, snd along th teeming valley, where industry and honest simplicity go hand in band have been taught to believe by slimy-mouthed politicians and penny-a-Iiara that the country wa on the broad road to aubstantial prosperity but a crash ha come unexpected by the greater number and somebody must be held re sponsible for it, justly or otherwise. The banks snd other incorporated interests, pre eating the largest mark, there Is, of course, a very general disposition to pitch into and addle the whole blame opon them. Wheth er the presses which, at such a juncture, stir the public prrjudic and aeek to wield them for party purposes, are engaged in a laudable business, is not for us to say. But in all sin eerily we think they might be much more honestly employed. The present, when the public mind ia excited, and incapable, to a certain extent, of taking an unprejudiced view of th subject, ia not tim to wage an indiscriminate war upon the currency. If the Democracy hava any improvements to suggest if they have any feasible remedies for th evil complained of let them bring them forward. But don't be humbugging honest people with the idea that if the banks were all abolished, their pockets would be come heavy with the precious metals, or that labor of any description would be half so remunerative a it 1 now. A National Bank. The National Intel ligencer argues, with It usual ability, in fa vor of a National bank. Th financiul evil which periodically afflict the country, it thinks, spring from an ill-regulated currency. The Lynchburg Virginian take the same view, substantially, assuming that, while wild speculation and rash overtrading and luxu rious extravagance are the immediate cause of these recurring pressures, behind them all exists the procuring cause of them all, in a monetary system which tends, by the vices and defects of its structure, to create the con dition most propilioos to the unnatural growth and development of those secondary causes which are the sure precursors of com ing disasters. And it is for precisely these monetary evils and for these besetting dan gers of our business activity that a Notional Bank (with those checks and limitations which must ever be applied to all deposits of power, whether in government or finance) would afford the speediest, surest, safest, and wisest remedy. 137 The last great tiimncinl revulsion be gan ir 1837, with the suspension of the U. S. Bank and all the State banks, and ended in 1840, with the explosion of the Manhat tan Bank, the very one Hint begun the war. Within those years thirty thousand houses broke, and tc ok the benefit of the Bankrupt Law of 1841. Tueir debt amounted to four hundred millions their asset to almost nothing. f , Fashionabli Ladie. A wi iter in a Boa- ton paper manifests his disapprobation of the extravagance of the ladies vt upperten dom, by"aying "The ladies of the present day may, In one sense, be compared to th lilies of the field. They toil not, neither do they spin, yet Solomon In all his glory waa not arrayed like one of these." Recruiting for another Nicnrnuga (Fillibuster) expedition is said to be going on in Cincinnati. Well, let it go on. Pirates must live aa woll as other people. . ... Fine Chiwino Tobacco. Wa ar In debted to Messrs. Sehorn & Ilornsby for a plug of Chewing Tobacco a sample of a new lot just received. We find it a auperior article. Lovers of the noxious weed will act upon this notice. ET The worst feuture In r man' face I hi nose when stuck Into other people's business Remember that yoa who ar In th habit of bobbing aronnd. Thit have Secured One or their Rights, It Is said that tho short-skirted pretenders for wwomn'a rights," hi snd about Roches ter, bavt Wen notified to do military duty at general tralnia." Just Imagine a squud of Bloomer dressed Aiusxons out on parad "presenting aruisT THK FEDERAL TREASURY. Th receipts from the customs from tb lavish importations under the late administra lion, says tb New York Herald, were such that Mr. Secretary Guthrie was reduced to all sorts of shifts to get rid of his encumbering surplus revenues, but which, in spit of all the wasteful device of Congress, th lobby spoilsmen and th Kitchen Cabinet,' still kept accumulating npon bis bands. Even aa late as few short week ago, there were twenty' three million in tb treasury subject to draft. but now look st the following report, which we published yesterday from a responsible source at Washington, and mark the rapid ebb of the tide s STATX OR Tilt TRRASl'RV. Approp's for present fiscal year 85,378,255 Amount expended to Oct It 27,166,748 Amonnt of funds on hand 6,109,000 Ain't devoted to mint operations 6,000,000 Current receipts per week 600,000 Dealing in round numbers, let us see what these figures indicate. Of the appropriations for the present fiscal year of 35,000,000, there have been paid out some $27,000,000 leaving a balance yet to be paid of $58,000, 000. To meet this sum of liabilities by July next the Secretsry bas a balance on band of 6,000,000; and our correspondent reports the treasury reoeipts at $500,000 per week. We venture to ssy that'tb weekly average of receipts foV the next six months will not exeeed 1760,000, if it even reaches that sum. for the country ia full of foreign goods, full of debts, and instead of sending money to Eng land for more goods, w shall be sending our own products to England for money for some time to come. Assuming, however, that the treasury receipts for th balance of the fiscal year will average 750,000 per week, then, to the 80th of June, The receipts will be 30,000,000 balance on han 6,000,000 Miscellaneous, lands, Ac. .5,000,000 Total funds Appropriationa 41.000,000 68,000,000 -Deficiency 17,000,000 Very different from this the estimates of Secretary Guthrie in bis last annual report, according to which there ought to be a sur plus in the treasury on the 80th of June, 1858, of 43,000,000. But Mr. Guthrie made no estimates to cover this revulsion of 1857, snd thus his forty-three millions sre wiped out. '' Great financiers are often but fndiffer- ent prophets. ' How stand we now t The ex penditure of 27,000,000 in a little over three months will fully cover the appropriations of 85,000,000 for twelve months, and seme- thing over. ' Indeed, the first bill required at almost every cession of Congress for the fast half dozen years, baa been a deficiency bill ; that is, a bill to meet the excess of the actual expenses of the goverment over the regular sppropriations for ths year. But should the set ual year's expenditures fall short of the sppropriations, w must not everlook the certain expenses and doubtful receipts of the next year. It is evident, therefore, not only that Mr. Secretary Cobb has done all that he can do for ths immediate relief of the financial in terests of the people, but that for the next fiscal year be will himself need relief in the shape of a losn of ten, fifteen or twenty mil lions of dollars. The practical issues for the coming Congress, therefore, will not be nig gers, nor Northern or Southern aggressions for or against niggers, nor land spoils nor lob by plunder; but such bard enattar offaat is sues as retrenchment, reform, economy, bank' rupt laws, financial relief, tariffs and govern ment loans. Thus th events of an hour overturn all the schemes snd calculations of parties snd politicians, and, when least ex pected, usher in upon us a sweeping financial and political revolution. A Good Example Let others Follow. The Superintendent of the South West ern Railroad, says the Macon'Telegraph, has ordered his supply of negro clothes to bo made of the cotton from the Houston Coun ty Factory, (Tooke's Mill,) Georgia Cotton, Georgia Wool and Georgia Mills! They are to be cut by a Georgia tailor, and given out to be made up by seamstresses in Macon ; thus distributing more than a thousand dol lars at home, instead of going to the North. This is the true way to achieve Southern independence, and particularly in these hard times. Let all our Southern people follow thia wise and liberal policy. You deserve credit Mr. Adams. Banks at the West. Tho Western folks watch over their banks with tender assiduity, and forcibly resist any attempt to embarrass them. In Jefforsonville (Ind.) a special com mittee of watchful ones ono day Inst week pounced npon a suspicious looking individu al with a box under his arm, and chased him fur beyond the limits of the town, when it was discovered that his visit there was solely a professional one, and that his only object was to extract corns. Last week two gen tlemen went from Cincinnati to Frankfort upon private business where a rumor getting put that they were "bank runners," they were mobbed and driven from the town. In numerous places persons attempting to pro- euro specie from the banks have been obliged to leave town with uncomfortable speed. Commercial Life. Some years ago an examination waa made of all the accounts kept in one of the Philadelphia banks during a period of thirty years, iu order to ascertain as a question of mercantile statistics, what had been the average fute of the depositors as regarded their success in life. The result was ao remarkubla aa to be deserving of care ful study at a moment like the present, when every flash of the telegraph is tinged, not with light, but with gloom. Of the whole number, 75 per cent, had failed, or become so tramolod with debt aa to be compelled to re linquish business. Selling Specie. Th New York Evening Post anys : Those who hoarded the gold in the hope of speculating by a sale of it, find the pre mium entirely limuthcienl to pay for the nek. On or two per cent, appear to be the great st difference between spec! and current bank note, and the dillerenca promises to lessen instead of increasing. The Inrge a mount ol silver change in circulation not available in legal payment for sum of over five dollars, entirely does away with the ne cessity of purchasing specie for common use, sad me only use for sold I for th payment of duties at the Custom House. In a few day th bullion operators will b clad to re deposit their gold in bank to suv tbs in terest. ty Th Democrat will have a majority of forty seven on the joint ballot in the Pennsylvania legislature. FORBEARANCE ITS VIRTUE AND ITS POLICY. "I e sad, snd hi comforted . Forbearance is a virtue that cannot be too constantly practised. Human nature ia frail and infirm, and scarcely a day goes by in which error and indiscretion are not com mitted. Some are rash in speech, others are rash in deed. Some are narrow In spirit, and hence are niggardly and parsimonious, while others are ao prodigal or so generous, that they spend more than they earn, and thus involve themselves in difficulty and debt. There ia nothing perfect on this side of the grave. All have vices and weaknesses, all yield at times to excitement or temptation, all commit errors of omission or commission, and thns all require the exercise of indul gence and forbearance. Such being the con dition of affairs in ordinary times, how much more essentisl is the practice of "the gentle virtue" at a crisis like the present, and with so many in embarrassed and suffering cir cumstances! - "Ths mercy I ta others ihow, Thai mercy show to me." This sentiment is at once moral, magnani mous and humane. On all sides we near of cases of misfortune. Men who have been for half a century engaged in commercial pursuits, have been prostrated as by a sudden blow. A storm has come npon them like a thunderbolt from a summer cloud. No ordi nary prudence could have-forewarned or pro tected. The earnings of a lifetime have been awept awny in moment. ' The agony of mind that tins been experienced has been in tense. Reason Herself ! has tottered upon her throne. Nevertheless, honor and integ rity have been adhered to, sacrifice after sa crifice has been made, and all that human en ergy could do, has been accomplished. If, after sucJl struggles, trials and exertions, it hns been fouud impossible to maintain a cherished position, the creditor should nt least eierci.se the most generous forbearance. It is hiird enough for the strong man to full without being thereafter pursued in a selfish, nvaricbus or persecuting spirit. Rather let sympa.hy be expressed, and assistance be rendered. These may encourage, relieve and revive, ind thus minister in the end, as well to the odvantuge of the creditor as the deb tor. A contrary course may Induce despera tion and despair. It should be remembered too that there is no liuniau being who breathes the breath of life, no matter how independent his position may apparently be, who is not liable to vicissitude and calamity of some kind. Ho may be powerful to-day and powerless to-morrow, lie may in one hour exult in all tho pride of wealth, posi-, Hon, and influence, and in another, he may lie writhing and prostrate on a bed of sickness, perhaps of death. . Even while he . pursues his victim debter, the insatiate archer may be in pursuit of him. We are all fallible and mortal; all feeble and dependent human be ings. And such boing the case, we should deal with ethers as we would they should deal with us, under like circumstances. We should not exact everything, in, a grasping and selfish spirit, for the lime may come, ei ther here or hereafter, when more may be ex acted of u than we can redeem. . A few days since, we conversed with one of our best and most respected citizens,' who, somewhat de pressed by the circumstances of the times, confessed that he was anxious for the future, but said he had nothing to four il two of his heaviest creditors would only deal generously towards him and give hi:n a little time. He had hardly spoken, before he received a note from one, in which the writor said that he had heard of the embarrassment of an old and esteemed friend, and thut"he was happy to be able, not only to withhold his own claim for a time, but to offer some assistance, if necessary." The cloud at once passed from the brow of the anxious debtor, a tear of joy trembled in his eye, and for n moment his voice became hoarse with emotion. But, alas ! how rarely sre these acts of generosity and forbearance practised ! Nevertheless, they eannot bo too earnestly encouraged. For bearance, we repeat, is a virtue Hint should be constantly cultivated. Not a day goes by in which it may not be displayed to advan tage. It is suited aa well to the domestic circle and the family fire-side as the out door world. All, we repent, have their faults and their infirmities, all their errors of temper and habit, and all should bear and forbear. When reflecting upon or censuring others, when taking exception to the manners and morale of a friend or neighbor, when criticising sharply and harshly, the folly and extrnva gnnce that have led to indebtedness or mis fortune, we should not forget the necessity of self-investigation, or overlook our own shortcomings. Tho mote may be in the eye of another, and the beam in our own eye I But above all things, if we have the power, and if, by the exercise of clemency and for bearance, we can heal a wounded heart, and soothe a broken spirit, let us shew that we are not dead to sympathy, or indifferent to suffering, and pursue tho part at once of a philanthropist, a brother, and a man. Mil Inquirer. Monet. The coinage of the world a- mounts to fully three thousand millions of dollars, snd only a hundred and twenty-five millions are necessary to the purchase of the cotton crop. The coinnge now in the United States is estimated nt two hundred and fifty millions, an amount nearly sufficient for their currency; but it is locked up and hoarded in a great part. In no part of the world, ex cept the United States, is paper money of de nominations corresponding with coin tolera ted. The smallest bill of the Babk of Eng land is the five pound note, or twenty-five dollars, and of France twenty .dollars, or on Ii i u nd red franc. Cheap Bread "While on visit on th line of Georgia and Tennessee the first part of the present Week," says the 1-aG'range Reporter, "we were informed that corn has been sold at the low price of ticenlyfice cenlt per bushel, and all that waa offered tor wheat ly purchasers was fiftu cents per bushel I This Is beginning to look like the good timet which have always been just a little ahead of 0. If (he banks all do not 'bust' entirely, we all shall live at a very trilling expense during th approaching year." Respectable Romurt. Th Indepen dent Intimates that thousands of merchnnls are taking advantage of the "panic," and sus pending, whoc with effort they could go on, do their duty to their creditors, and pay in full. RESTORATION OF CONFIDENCE. The New York Express publishes many good articles, upon tb current subject, "th time snd the remedy. In a recent issue it remark that confidence ia a plant of slow growth, and its restoration ia not easy, espe cially when the basis of it ia but paper money. Pecuniary confidence demand for it foundation the precious metals, and these, just now, it cannot hsve. Neverthe less, there ia the confidence of character, o merit, and of established wealth, and it is upon these alone, just now, that we must de pend for the necessary, and the imperatively necessary, restoration of that confidence. It should be the aim, therefore, of every man, to do all in his power to restore confidence, not by a blind system of extended credit, nor by a rash curtailment of credits, which shske and shattercommercial society to its baae, We are just now in two perils, and we must carefully avoid them both, the one, an irredeemable, baseless, paper-shin-plaster currency, and the other a further and violen contraction of that currency, which would frighten society once more, and reduce us again to the condition of barbarians, nil cry ing for gold and silver, to the neglect of every thing else. The Banks have a great duty to do, in an early resumption of specie payments, but they have a greater duty than even that, which ia the restoration of commercial cre dit, of the domeatic exchangee, and of fur nishing the means of credit for bringing the produce of the interior to the sea coast. We can live without gold and silver, but we cannot live without bread, or clothes, or cot ton, and we must have the means of effect ing an exchange not only with one another, but an exchange with all the world. To at tempt any sudden, violent, affrighting re sumption or specie payments, just now would do ns much harm as the violent con traction of the currency has just done. Let us hasten to resume, but hasten slowly, pestina tente, for there is such a thing as being too "fast" in this as too "fast" in any thing else. And the resumption of specie payments, in a great credit country like this, is a gigantic work, a work not to be done in an hour, rior a day, nor in a spasm, but in cam!, cool, conceited, universal action. The crops must come to market, and go to Eu rope. We must sell everything, nnd bny little a possible. We must await for more and more of the rich treasures from the mines of California. We must cease to be extrav. agant, nnd become very economical. We must contract expenses in all ways, and re duce inflated values everywhere to solid, real prices. Now, all this is the work of a year, not of a month, nor a quarter. The holder of a house that cost him 9100,000 will not part with it for half the price without think ing weeks over it, and groaning loud and long. Th owner of wild Western lands, rich in profits on paper, will not consent to become poor without a struggle against it The farmer, who has had two dollars for wheat will not sell it for one without a fight, The owner of cuttle, the grnzier, whose mouth waters now as he reads, "10 cents per pound for beef in New York," will hold on till his cattle eat themselves twice up in feed, before he will sell thorn for half their present price. Thus, the readjustment of values be come one of the most painful and difficult of tasks, and a task not to bn performed in a day or a week. Nevertheless, all these re adjustments must come before "confidence,' the inspiring genius of all things, will be restored. A Murderer Attends the Funeral or his Victim. The Kinderhook Rough Notes, alluding to the funeral of the late Mrs. Tur ner, who was murdered by her husband in that village, last Monday, says that the mur- derer was present among the mourners, and that the only time he evinced any feeling, waa just before the funeral, when a grand child went up to him sobbing ss if her heart would break and kissed bim. This teemed to touch hi heart, and he gave vent to a flow of tear. At th grave the same child ap proached and asked him if he was not sorry He replied that he was, but it was now too late. This is the only instance on record where the murderer attended the funeral of his victim as one of the mourners. Nena Sahib. The India correspondents of the English journals hsve killed off this terrible fellow two or three times of late, but, somehow or other, cat-like, he will not stay killed. At one time ho had committed suicide, at another he had been annihilated by a spent ball, and now, in connection with his threatened march to Calcutta, the story is that the great Sepoy has engaged the ser vices of a body guard, to deprive him of life should he be likely to be made a prisoner by the English. Gammon, no doubt. When such a monster as Nena resolves to give up the ghost, depend upon it, he will sell his life as dearly as possible, not throwing it away thus for nothing.' He may have resolved not to be taken alive, but when he dies, mark ! it will be doing bloody execution on his enemy. Gold and Silver in the United States. Gold nnd silver, snys a Washington letter, are not scarce. It is believed that in New York alone, twenty million of dollars' value, of these metals is in use for purposes of util ity and adornment in the habitations of the people. An intelligent gentleman in this city estimates the gold and silver watch cases and watch appendages in the United States, at from twenty to twenty-five millions. The Tobacco Intcrest. It is slated that within a week protested drafts to the amount of $100,000 have been returned on the to bacconists of Richmond by commission mer chants in New York. The Richmond papers intimate that it is the Intention of the manu facturers to hold meeting, and authorize th Bank to sue their agent npon each draft a it mature and not hava them returned. N. Y. Times, nth. . : . Pennsylvania. The return of the late election In Pennsylvania are so completely one-sided that little Interest is felt in the de tails. The majity for Gen. Packer snd the rest of th Democratic ticUt is likely to b between forty snd fifty thousand, and In eah branch of ths Legislature the Democrats will probably have two-thirds of the members. DEMOCRATIC WAR TACTICS. Th Democracy had promised themselve no small amount of capital from a full dis cussion or th senatorial question, aud led off day before yesterday w ith all "the pomp and circumstance ol glorious war, promising to their antagonists an open and a free figbt; but their Xerxes forces, after lashing the sea with arrogant fury, encountered a Spartan band at Thermopylae the result of which waa the drawing ott or their routed cohorts in a '.used up condition, and a has ty retreat from the "battle of argument," un der cover or "Uie pievioua question, moved and carried by the majority in spite of the minority's defiant challenge to further debate. Every battery of argument behind which they fortified themselves had been curried by storm; their missiles of small wit and ineffec tual sarcasm bsd all fallen full spent at their own feet, or been hurled back upon them with double fury; and volly after volly "from the other side" hsd so fiercely raked their flanks, that they raised the white flag of truce and refused further to prolong the tight. The conduct of the democracy in the House upon this question has indeed been most pe culiar. They atarUd out with loud profes sion of magnaomity, and a willingness to have a full discussion. I Ins promise wa kept until an amendment waa offered to the resolution by sn American member, declar ing the proposed election to be constitution al, which amendment the democracy not only refused to pass, but shirked the vole upon it, by moving and sustaining the cull fur the previous question. I hey thus re' fuse to go upon the record, fully and une quivocally declaring a measure to be consti tutiooal which they were on the point of passing.- 1 hey p.tss the resolution, but re fuse to commit themselves, by express vote, to its constitutionality. I his is gi-nuine, unadulterated democracy. .ash. Banner, The Hoo Market. We copy the follow ing from the Cincinnati Price Current, of the 21st: We are now upon the threshold, so to speak, of the p.icking season; nnd jet Strang, as it may seem, the dullness Hud utter in difference with regard to entering into con tracts for hogs for luture delivery continues; nnd the desire to sell increases even nt a further decline. Those who havS contracts to receive hosat 87ne!t in November now feel quite uncomfortable, ami arent a loss to know what deposition to make of them, so as to reduce the loss they kuow they must sustain. Slop-fatted hogs have declined again, and are now dull nt ,$4 75.i5 25 gross, with a continued downward tendency; nnd on "Chanijo yesterday, corn fatted were offtred s $5 50 nett lor November delivery, with out buyers. The consequence of this state of affairs will be this: farmers will hold back in hopes of meeting a better market as the season advances, and this will lead to an increase in the weight of hogs, brought to market and a heavier supply in December, because when they are fatted they must be sold for what euer price they will. Ciur letters from the country leave no doubt that the farmers generally believe that the present depression in prices of all kiitTis of produce is the immediate consequence of the money crisis, and but temporary; and that aa soon aa the panic passes over, which they think will shortly be the case, prices will suddenly and largely advance again, and hence they are holding on with a miser s grasp to their grain and other production of their lurms. 1 his is very plausible philoso phy, to say the best of it, but It is, never tlieless, false, as many will find to their bitter disappointment, next spring.' Sicns or the Times. Such sre the straits to which many of the merchants of New York are driven, that they have been com pelted to address circulara to their customers all over the country, soliciting from them an ticipotion of their payments, and offering therefor a discount of one snd a half per cent, per month, betides assuming one-half the difference of exchange (which will be greatly reduced of course since the suspen sion of the New York Banks) to themselves, The reason they allege for this is, that their engagements in Europe must be met at every sacrifice, nnd they call on their country cus tomers to bear their part in such necessary sacrifices to mercantile and national honor, r all in f inert. ins monetary panic will seriously effect dealers in finery and lux uries. A dry goods jobber or this city in formed us the other day that goods could be purchased from importers in New York now at 83 cents on the dollar. The N. Y. Herald of the 14th says: Already have the retailers in our city of silks and Taney goods, reduced their price thirty-three per cent, on rates that were es tablished a few weeks ago, and their example must be followed all over the country. The same result has attended trade in groceries and nil articles that depend upon the great mass or consumers, including that in provis ions. This has been done partly from the de sire to raise money ; but it has also been caused in part by the wish to Torre off the largu stock of all kinds of goods that have accumulated in our warehouses. While no branch of trade is understocked, there are now lying in our Custom House stores im ported goods to the value of thirty millions of dollars. ' In Time. Th Sparta Times tells th fol' lowing: Upon the State Bank suspending in Rash ville, the Bank despatched an aiient in hot haste to the Sparta Uianch. Ihsre happen' ed to be some Brokers from Kaehville in just as hot haste as he was. Neck and neok, and on the ears, and arrived at McMinnvill together. Together they all took the 'stag tor spartn on the way Ilia stairs- broke down. Here was a muss. Bank agent said he would walk a piece and straighten his joints snd he kept on walking and reached Mparts about hall an lioiirbelure the Urokers. The Bank suspended. The Itrokers in but too lata, too late I Ihey looked as a monu ment of grief, and departed next day minus the eneois. . The little man with the cap gained the premium, and will do to travel. In the language of a ootemporary, we would ask, "Ar we itoinir to permit the family of Shylock to get the whole of our property for nothing. ' 03- We notice thnt R. 11. and M. M. Armstrong of Knox county received a pre mium of one hundred dollars, 'at the State Fair held nt Nuvhville, for the best ten acres of Wheat, their yield being 375 bushels, an average of 38 bushels per acre. ' - ' Statistical. Of six hundred and twelve young ladies who fainted 1 last year, more than half of them fell into the arms ofgentle- mcn. Only three hud ' the misfortune to fall on the floor.. Hf "John," said a futher to his son one day when he caught him shaving the "down" off his upper lip, "don't throw your shaving water out where there are any bare-footed boys; for they might get thuir feet pricked." RKDUoma HotklCuasoes. The proprietors of the Uirard House, I'bilsdolplus, with a view ol adapting their charges to sua th times, have rsduoed the prie of board from 1 2,60 to 2 per day. THE "LONE STAR." The Chemical Bank is the only one of th three score bsnks of the city of New York that continue to pay apecie. The N. Y. Mirror of the 16th ay in regard to Institution : "Th persistency of th Chemical Bank la twice resisting the progress of the panics and paying specie through two suspensions! is hsturslly much admired. Its course is in striking contrast with th other great money lending establishments in the city. Thus w ho hava suspended, sneer at it as a family Bsnk a private kind of thing; but it is pity we hsd not "more -of the asm sort R is one of our richest, most successful sad most money making institutions. Th re, son is that it has not gone out of it regular business, and thia fact haa attracted toward it the deposit and the confidence of class of wealthy men. Let the other Banks of tin city imitate the management of the Cheuii. cal Bank, and we shall never have another auspension of specie payments," The Western Merchants. Th mer chsnts of the far West are acting in body, and great difficulty is apprehended in the rollectiou of debts, especially as they seem to have formed a defensive alliance with law yers. 1 he merchants of St. Anthony and Minneapolis met In convention and resolved to ask a general extension. St. Paul mer chants have done likewise; lawyers hsve agreed not to prosecute or levey sny attach ment for the nam period. A Hapft Man. "A retired merchant" write a communication to th New York Express, discussing, with great coolness, th causes of the financial troubles. II closes his letter by saying: "Twelve years ago, I retired on a anus- farm in the country, and every yrsr my field look greener, and 1 feel younger as I grow older. This I would rt-comend to all before the loss of property and a shattered constitu tion make it too late." This is a pleasant picture, and excellent advice, but, just at this time, comes a little "too lute" for most people. Fatal Error or a Druoqujt. The Lockport Advertirer states that on th 36tk ult, two nier., a father and son, went to a drug store at Suspension Bridge, aud inqui red for quinine. The druggist put up pack age, and they went home. Upon going to bed, each of them took a dose, from the effects of which they died on Sunday. . The druggest pbt up morphine inste .d of the ar ticle required. :W A list of suspended railroads in th Northern and Western States i published, whose total liabilities amount to (J 13 1,700,- 000. . . fp" Ouly two death from yellow fever were reported iu Charleston last week. The total number of interment waa twenty, one. - " Washington, Oct 23. The amount in the Treasury, subject to draft, is $10,030, 0P0; and the receipt for the past week sre over 400,000. A Squirrel Stobt. The dronghth hay ing cut off the corn crop on the Texas fron tier, the squirrels are emigrating to Arkan sas, swimming the Red river by thousands, It is stated that one woman killed five hun dred with her washing implement, in one duy, on the bank of the river. Rather tough. Life's Liabilities. What's th nse of it! Don't worry yourself to desth on account of whnt other people may say of you, as long aa you know it is not true. Take care of the truth, that's your business. Al falsehood go to the bosom of their father, the devil, and their framers soon follow. So much sa t faishoods of you. As to falsehoods to yoa and as to every tale the most remotely pre judicial to another, treat it and the narrator with the utmost possible indifference, until you hear the other party; this is only just, wise and kind. , Ridcction in Paioxs. Th chief alleviation of the present financial difficulties I to be found in the fall of prices now going on, and must continue nntil th necessities of life reaoh a proper level of cost. The inflated charges made for all sueh articles, for severs! years past, have been symptoms of the dis ease, not the beslth of pecuniary affair which has just reached the crisis. They hsv eompelled persons in our cities, in great num bers, to incur expenditures beyond tbsir means; and it has been a struggle with very many, not merely to keep np appearaneesbut to subsist in comfort. The eondition of things will be much more healthy as thee prices go down. To person in moderate circumstances, and to the poor, the blessing of a ehsnge in this respect will bs inoaleulsble. Recent prices bsve been founded on no permanent reasons, but were spaamodie and unnatural, and the idea ought to be sedulously contem plated and insisted upon of a general reduc tion, to last far beyond the severity of the present pinch. Must Come Down. A New York exchange says: Yes, fellow-citizens, rents must eonie down. The high rales of the flush timss of 18S6 cannot long eo exist with ths leveling tendencies of the revulsion of 1867. Reals must come down real estate must son down fa.t horses must com down fsit young men must come down from their fset horses, and stretch their legs by a liltl wholesome walking. Provision must com down hotel charges must com down th pews and other charge of our fashionable churches must come down bread must eon down, and ths late enormous spread of crino lines must come down, notwithstanding tb awful lettingdown in dry goods. Every lux ury and almost every necessity mut om down to the new specie standard, excepting, perhaps, lager beer, which will probably re main at four, five and six cent a mug. ' , Indiana. The ' Republicans claim that Charles Case, their candidate to fill the v ciincy in Congress occasioned by the desth Bronton, Republican, ha beaten his Demo cratic opponent, J. K Werden, by eight hun dred majority. "iT The Directors of the Bank of Chf ter.S. C, have published a card; pled.ir.k' their private fortunes for the redemption of the Bank's bills. Their united property 1 estimated at 8500,000 to 81.000,000. t-jgr One of the partners in a prominent Philadelphia firm, that lately suspended, kept two carriages, five light riding wagons, four fust horses, two dogs, two coachmen, and fiv ervrnit girl. It is no wonder.uch men. fail. ' 11T The Baltimore (W Ws.hington Ut ter writer save that "orders h bee G'vea f., fin;.... ...:. i. j;.n.ik ths mii!htie .V. .I.. f,lg V 11.1, U IOJ'1. 1 .,it-nose of war steamer oi me navy lor i r--i -i intercepting the new expedition of t"'"r walker to (.outrsl Auiencs.