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v.'i 100s. is uolan. feiWrj.lbjitaxnauon of business? It is admitted VI- margin cut off in making; the alteration; Tens vignette a 'steamboat, ship, and a town in the distance; genuine has a dro ver on horse badk and cattle at a dis tance; Tens, letter A ; genuine has mar gins with ten, and a border on one edge with the figure 10 in, which are not on the countcrft.it:' 20s altered from 5s; clumsily done; they have heads of dif ibrei.t individuals, genuine not so". it r r. GISTER. ".Vidaiis-n iJiclnsjurarc interim magirtri.,, SATURDAY, J U N Ii 3, 1 013. Convention of the I,csisIatuYe. It has been rumored several times within the past month or two, that Gov Tu:ker was alout to convene tta Leg'urc And it i3 now rumored that he will do it; 1st. To diminfsh the expense of col lecting the State Revenue; 2nd. To pro vide for the election of a Vice Chancel lor; 3rd. To examine the Treasury, 1th. To examine the funds of the Stale connected with the Planters Hank; 5th. To tako action relative to tuo two per cent fund drawn by Graves. ..Wu have no doubt of 'the expediency of a judici ous revision of the revenue law, and the amendment of the law establishing the Vice Chancery Court so as to elect a Chancellor in November would be con venient to the north pari of the State. As to the third, fourth and fifth objects assigned they can quite as well be atten ded to in January next. The funds of the Slate arc as safe in the hands of Messrs Matthews and Clark as the Legislature can devise means to make them, and de lay of three or four months to act rela: tive to the two per cent and Planters Bank funds will not make a whifs dif f'erance. Take it all in all, we think if the Legislature is convened with no other objects than the two first named, which arc the only ones.worth consider ing, it will be paying very dear for the whistle. We doubt whether the mea sure has been determined on but if it should prove true we should not be sur prised to sec the State districted, for the purpose of furnishing the means of harmonising the discordant materials of bond and anti-bond democracy, which could be approximated more nearly per. haps by new conventions in the several distriets laid ofF. The Legislature will not in, our opinion be convened, unless from some such motive, iI course kept secret, but not the less really Entertain ed. We shall sec." Commercial Treaty with Great UMIUIUI It would seem from a late debate in the British House of 'Commons as well a 'from various other givings out from high quarters both in this country and Pingland,that negotiations have already been opened between the United States and Great Britain with a view to a Coiri mercial treaty. A treaty which would assure a fair interchange of the pro ducts and manufactures of the twocoun trie's, would, it seems to us, be highly advantageous to thi3 country, at the same time that it should be satisfactory both to the friends of a tariff and the most ultra advocates of free tr,ade. The one would be satisfied with the advan tages of a settled and permanent policy, .which with a low reciprocal rate of tar ifTdutics, would give assu'neeofa cer tain and simply sufficient reward to in duce the investment of capital. The ether would substantially enjoy all the -advantages which the free trade sche mers 'delight in contemplating without its alternative of direct taxation. The great desideratum to the prosperity of both the Agricultural' and Mechanic classes of America, is a settled and per manent covcrnment policy.. It is ridic- ulous to expect thelargo amountofpro duction of which the country is capable when, on account of constant changes and fluctuations in the regulations of government affecting the prices of ar ticks we import, industry must be con. tinuauy cnanging its channels ol opera am tion td avoid becoming profitless. Once let it be known that any government reg ulations, affecting the subject, however disastrous in the outset, will bo pursued for a serjes'of years, and the industry and capital of the American people will! be accomodated to the exigency, invest " rnents of capital will become sure, of their reward and be eagerly made, and the whole industry of the country wil' be in 'demand and brought into profita- ble exertion. Can anyone who posses sea a spark of good will for the-prospe .jrity .of his countrymen, or who is not blinded to Je attainment of his own, de sire that our political conflicts should continue- to turn oh questions of policy, the determination of which one way or another may strike a death blow, at the vitals of all individual arid national in tere9ts? -v Have .we. nut already had enough of this? Has it not. already . done more than all other causes com uuifo luui Mh.J-wprodthp.SBi unhappy1 that'there is now more momed capital inlhe country than at any previous pe riod, and that labor is "lower than cvier beforehand yet not in demand! Is not this an anomaly in the history of any people? In the ordinary .course of things,, when money is superabundant, it seeks new channels of investment, oc. casions a demand for and raises the wa ges of labor. Why is it then, that now, when both capital and labor can be had far less than ever, both arc unemployed ? The answer is obvious. Large monicd capitalists will "not invest their capital in any branch of business until they have some assurance, that the next Congress or the next Presidential edict, will riot, for some partizan object, adopt a course of policy or take a measure which will render that brancli of busi ness profitless. How manifest is it then that the interests of the rich and the poor, the capitalist and the laborer, instead of being arrayed against each other, are intimately blended ad iden tified The blow which one strikes a "ainst the other strikes itself.. .- Let the laborer aid the capitalist in any measure which opens-a channel to the investment of capital and he will put bread into his own mouth, for the invest ment of capital presupposes the employ ment of labor. The mechanic and la boring classes of this country will be "ground down" until they learn a les son on this subject, if they have not learned it already. They have been led by demagogues, under fair promi ses of unexampled prosperity, to go a gainst a permanent system of judicious tariff regulations.,' a National Bank and the whole system of Internal Improve ments by the government, the three grand measures most desired by the capitalists of this country, and which, if carried into effect to-morrow, would in one month almost double the demand for labor in the United States and raise wages in a corresponding proportion. These measures are so intimately iden tified with every individual as well as national interest that the people of the United States can never attain to the maximum of prosperity while, they wrangle about them on the stump or on the floors of Congress. . And we hai' even the remote prospect of the settle ment of one of them by a fair and recip rocally advantageous treaty between this count ry and Great Britain as one qf 4h&-mo8Vp4c4H8!gns of- tho 'Unes., It will do away with' one of the bones of contention with which we have so long been cutting our own throats, and' perhaps open the way to an adjustment of other?, and it will have a tendency to perpetuate peace between the two coun tries which is in all respects desirable. ! If this object shall be accomplished through the agency of Mr. Webster, it will do him honor, in comparison with with which the treaty of Washington sinks into utter insignificant. "; As interesting in connexion with ihis; subjectwc subjoin the following article from vlho Cincinnati Gazette, on the subject of cotton manfactures. In a few years, "by pursuing' the policy there re ommended, we will have built upva home market, which besides -bringing all the labor of the country into demand will consume the greatef pari of the cotton produced in the South. m Cap tfierc be a rational question that it is equal ly for the interest of the planter and the manufacturer? The Gazette .says; "As it happens with individuals, so it is with nations, that they t know not their strength until they are tried.", "If any body had predicted in 1823, that vour manufacturers, would ,havef mastered English capital,' wherever, a broad it seemed firmest, he would have been laughed at as a dreamer. "Beg" gar our people," said a Senator when opposing the Tariff, and you" may e qual the Cotton establishments of Great B r italn ; " r ed uce you r 1 abo r , said a well informed Englishman, "to our stan dard, and you may in years become our rivals.n " Wo have done neitherj,-and yet we are the. rivals of Great Britain, in Cotton Manufactures, in every nation wherewe are admitted to any thing like equal 'terms! We ask attention to tne testimony "of Robert Gregg, of Man." ehestert England, Tone dfthe, largest Cotton spinners in the. world on this point:, ' He said, when speaking to an Assembly of Manufacturers?' 'r , , "There are in the. United States OOCf Cotton mills ; a capital of 10,000,000 sterling, ($50,000,000) is invested in the cotton manufacture; they have near? ly 40,000 looms, and produce 250,000, OOQ yards in a year. And I can state also,, on the very best .authority, "that the Lowell mills, whtcq, consume 60,4 Q00 Jwifes (out of .300,000, thetotaT con sumption) . produce a greater -quantity of yarn and cloth, by each ipindlg and each loom in. a given time,: than js pro TZ J J rn r-X " 1 They trn off fifty varris day ,n nil duced by any other mills tn the world their looms at Lowell, and we all know that no English mills producu any thing like that quantity. To Iks sure, they work rather longer hours than wc Jo bore. They work at Lowell 731 hours a week, in other mills in America about 751 hours. I got a" return only last week from a friend of mine, who has bean at Lowell, of the work performed in the last new mills, which have been built there. Wc arc familiar w ith the coarse drills thai we all used to make immense quan tities of at once t.o supply pantaloon stuffs for the India and China markets, and now they are used all over Ameri ca, and which, not very many years ago the house in which 1 am concerned used to make and ship to a great extent.: The new miils at Lowell produce those at 3 id. per pound from the cotton, 6 els, (in the other mills 7 cents) which, with the cotton, brings the cost to Did. per pound for those articles. As to the advantage they have over us, I do not exaggerate when I state it at upwards of 1L per pound in cotton alone; the freight to the American mills beingabout half the average freight to England, and there is our duty and other expenccs. in the concern in which I am interested, the extra tax paid, ow ing to the high price of flour, amouaU to a tax of ,1,000 a year upon our mill as compared - with their mills in America. Then their water-power costs at the highest rate 3 pounds 10s. per horse-power, while the lowest rate in this country is 12 pounds per horse power. 1 have not the smallest doubt, indeed I am prepared to prove, thai they can produce coarse domestics, drills,' and everv thins of that kind, at least lid. cheaper than we can.. 1 hey have bea ten us out of the India and Chinese mar- kets; of course they produce for all their ownconsumption, and after alittle while 1 have little doubt that we shall have them introduced very largely here. The last thing the will do is t? at tack the enemy iu his own camp; but I am quile sure we shall see it by aiid by ; of thai I think there cannot be a Uotibt. 1 The rale of wages is considerably high er there; but the great obstacle to the rapid spread of production in the Ameri can mill is the difficulty in getting more spinners. When they gel , the ztlf-act in g mules that difficulty vanishes. We must make up our minds to prepare for the loss of these markets; it is of no use to disguise the fact; it is of no use any of us saying, 'I can hold out as long as my neighbor; there is nothing for it but to push the weaker ones to the wall." That is an idle and selfish way of ex pression, (to say no worse of it,) which I regret too many of us have isdulgcd in. Let us take care that the trorg be not also pushed to the wall; because we may depend upon it that, in production there re strongcr'countries than we are ; and if Ave are, as a country the wca-ker-onewe shall go att to-thrs trnft to gether." " . -' "When they, get .self-acting mules they will compefe with us in our'own markets! Well- we have them. And what is more, the prediction, of Mr. Gregg is being veriJied:J'or a vessel has cleared from Boston' for London, with four hundred bales of drillingson board! The truth is, the old idea about high tva9s is erroneous That offers noob- slaclc. It is a blessing and a .benefit to alt Give "the laborer a spring, let him feel that the lot which his eye cjvets may . be his, and that he , may erect there his neat dwelling place, and cluster-around him his loved ones, and bo independentj through Vi3 toil, and he will do more for his employer than the 6lfongcst pauper who lives without hope ahd labors without motive. It is mor al energy after 'all which builds up ev ery thing. Without it we are power- ess. But the facts which Mr. Gregg mentions speak for themselves and put at rest this poor and idle fear." "But another reflection" forces itself upon the mind. Whence this success? W.hy is it that, young as we are, we are able to conppete with' so rich and so powerful a people? It is because our manufacturers were helped by the na, tion in the hour of need it is because t he-great anf the good who f6resaw-what r we could do, tf we had the opportunity gave us that opportunity. How are al their predictions verified! - How truely has all come to pass as they foretold it! And what do we-whatdo our manufac- turers ask5 what does the country need at this lime? Stability. . A steady, consistent, uhe poticy on the part of Gov ernment. That is all that is asked, or needed, not only to enable as "to attack the enemy m his camp," as Mr. Gregg expresses it, but to put the mechanical and rnanafacturirig skill or the country, in. position wnere mey wut not require any protection, j It would be a suicidal policyf in every way, to pursue any oth er ceurse: for under our existing tariff every ajucjo or manufacture' has been reduced in rice,. while through it, the nation has . obtained a credit which lit could not have obtained without iCrU T We close our. remarks'on this 'subject With the observations of the writer a Boston Daily Advertise r who introduced M r . G regg'a re marks to. the no tice o f t he American public; V: 'All - the statcmeftls Wade- by Mr. ulcfcb010 ueucvcu w ue turrctu' ioe sriin2mu!e ,0 whichh relcrs ha3 Gregg are believed lo be correct.- The been introduced, and will doubtless be adopted throughout the country, partic ularly in i he manufacture of fine good. In every description of coiton and woo!' en goods, since December, 1341, there havo been great reductions in the cost of 'manufacturing, . and I have no doubt they will be still greater. Further im provements, will be made in the prep aration, as well as In the spinning and weaving of cotton, which will material ly reduce the coot of production. Tho Jiard times through which we have passed and are passing, have taxed the wits of our ingenious mechanics, , and what has appeared to us a great misfor tune, may in the end prove of high ad vantage, by opening foreign markets for our products, which could not be the case while we were in a slate of ap parently the highest prosperity.11 fcjT As Gov. Tucker has denied that the payment of the two per cent fund to Graves was authorised by law, the Sec retary of the U. S. Treasury has in structed the Receiver of public monies at Jackson to receTve the amount from his Excellency, and deposit it at the branch mint N. Orleans until the legali ty of the payment to Graves is decided upon. As it would be rather inconve nient to give up the money, the Gover or is said to be in a quandary. There is no fun in repudiation on such terms Foreign news. By the arrival of the Great Western dates from London and Liverpool to the 28lh have been received. Money was unusually abundant, com manding only 2 prct. The discussion on the right of "visit" (search) had been vigorously renewed on the arrival of Mr Webster's late des patch to Mr Everett. The last moiety, (one and a quarter millions in silver) of the first instalment of the Chinese ransom had arrived. O' Connel is in a fair way of realiz ing his wish that the Queen should have as many babies as his grandmother the Queen having graced the British nation with her third little darling Prin cess in three years. The jury in the case of the govern Ment defaulter, Jesso Hoyt, have retur ned a verdict in favor of the United States of $220,S37,C6 within $5,000 of what the government claimed. Judge Catron, one of the judges of the Supreme Court, has affirmed the consti tutionality of the Bankrupt Law, on an appeal from the decision of District Judge Wells. This decision is final, as the Supreme Court has lately decided that tion. ' . - , Minjster to China. : -A qustion seems to exist relative to the legality of the appointment of Mr-. Cush ing as Minsiter to China. The law of last session creating thisf mission; con tains a proviso "that no agent shall be sent by virtue of this act unless he shall have been appointed by and with the advice and consent of the Senate.1' With a view to this, proviso nO'doubt, M.r. Everett was riOMHsated by the Pres ident to the Senate. The Senate con finmcd the nomination, but Mr. Everett has declined the appointnent. The argument in favor of the legality of the appointment of Mr. Cushing in the re cess is, that in the nomination and con firmation of Mr. Everett the provisions of the law have been complied with, that the office wasfilled, and that in his declining the office, a vacancy was crea ted, which, the Prcsident being author ised by the Constitution to fill vacancies generally in. the recess, Congress has no power to take from him This view of it is supposed to- be from Mr- Web ster. There is no doubt the Senate in- tended to prevent an appointment un der any circumstances without its ex press sanction! " (jlCr Since the repeal of the Bank-j rupt law, many persons are resorting' to the old fashioned assignments . tfnder the Insol vent laws of the different states. The Pennsylvania Legislature, lias' pass ed a law- to prevent preferences of one creditor over, another. . , . . - OCT Lord Brougham has been giving Geo,. Cass some hard thrusts' in the House of Lords. lie charges hini with pandering to the "worst passions of the mob" in his late letter on the right-of search, in brder to procure his election to the' Presidency." T " , ? OCT A. great fire occured at W'il mipgton Del. on the 30th ult Two hundred buildings were destroyed with other property loss estimated $300,i 000. : ' " ; . Another Santa Fe Expedition. ; From the following from "the Galves ton Civilian it appears that a second ex pedition has been "secretly fitted out, and is already oh the march for Santa Fe. "The time has atiengthar rived when facts relative to the expedition now out for bantaFe, may be published without vuua.uGi us success or Tunning the rU! cfbnI!?m?;Upon i, tfc. 1!, endangering its success or Tunmoz the which befel the party under Cols. Mc Leod and Cooke. The lessons of expe. rience are not always lost, and in this instance wc think have been well im proved. Col. Snivelj received a com mission early this spring, to raise a bo dy of three hundred volunteers in the frontier counties of the north cast, for a descent upon Santa Feand the capture of the tyrant A rmtjo and the traitor Lewis, and to inflict suitable punish ment for the barbarous treatment v isi ted upon ihe trading expedition under M'Leod and Cooke". The authority to start the expedition was hailed with pleasure wherever it was made known , & the only difficulty in the way was not to raise the requisite num ber of men, but to keep from raising too many. Twenty-five men only for in stance, were required in Robinson coun ty; the matter was whispered about a mong those who were thought likely to favor the scheme, and when, the day of rendezvous came, forty-five were upon the ground, all good men and true, arm ed & equipped, & ready to march at the word. It was found necessary to move imcdiateiy to avoid further applications and publicity. This company went un der Capt. Chandler, an old frontiersman and brave and prudent officer. From the other counties, where men were authorised to be raised, they turned out in as large a proportiou. Five hundred are known certainly to be in the field, and it is thought that the force is near er eight. The great -difficulty was to keep the number dowu. The place of general rendezvous was Coffee's station the time, the 15th of April. , The men were to elect their own commander at the place of general meet in; and march immediately. The route was to be taken on the south side of Red River, only crossing over when the road rendered it ncccsssry, & military opperatioas were to be exclu sively confined to the territory of Tex as and Mexico. The St. Louis road will be entered 150 miles from Santa Fe, within the territory of that depart ment. From the information from Santa Fe strong hopes were entertained of the capture of boih Armijo and Lewis on the road. v , . Spies were out, with proper instruc tions, at every point, and the prompt, ness," efficiency, and secrecy observed in the whole mater - up to the time of starting, promise the most favorablcLre-J suns., i ne men were an nuea out ai their own expense all well mounted well armed, -and all pood soldiers. None were'recoived but citizens of good cgaracter and standing, and they are mostly men of property and respectabili ty al home. They are all such as Jiave respect for themselves and for the laws of their country and fijr civilized nations and no apprehension need be felt by the friends of American trader's to Santa Fe that such .will be in any manner mo lested. . They are believed to have informa" tioupf all ihe Mexican parties, whach were todiave left either Santa Feor St. Louis, and will probably intercept them on the road. Their "'object doe3 not? however, end hcre.'V The city of Santa Fe will be entered, and. if it is deemed prudent, and the people of the country are able todistingush their friends and benefactors from the tyrants and blood suckers, who now oppress them, a des cent will be made upon Chihuahua and the whole of .Northern Mexico may be revolutionised. On "this however, the meh are determined, that they will not return without A rmijo and Lewis, dead or alive. -7 : - : - . " "J ' v for the Register. Mississippi and the Mi6sissippiaas. ' w-c, f'"" .'pf o?u5 1-' : r THE LAWS. If the old law were '-.now in force, promissory notes would have free circu lation, and would afford a convenient currency. Under the operation of a banking system, a, vacuum, in tho cir culating medium, whicf; is ever recur. ring and occasioning great pressure; and even under a specie system, it fre quently occurs that rnoney is abundant at one time, and again scarce shortly afterwards, produceing great- embar rassment; and in cither case promlsso rynotes by an untrammeHed circulate would measurably fill , the' tQfnqrerv vacuum in the money us take for. illustration ;tiiQ operatidX of things at hom6. j VQ have. only one product uicly commands money, and that " cornss in market regularly once a year When .we" are receiving ro turhs for our cotton, money is compar atively abundant," but it is soon used in Ihe purchase of property or. articles for consumption, or in the payment of iebts tho most of it soon leaves the coun try, and it becsmea scarce. Indeed any reasonable, man ov tooKinn but amo mcnt tthe ebnluIeCwW. reasonable, man by looking but a roo. the variety and ouantiiv r,r . ... , ' ' ucica w , u. i.. .u., w ,,, ,; convinced that e y will te peculiarly scarce cr.ee in every twelve months. 'esidei our crops are liable to fail, and t'. epric of our staple to fluctuate. Under a st.r! ot ordinary crops and prices, while money is scarce, and which will c-au uurmg a large portion of every year, promissory notes would neasUra bly supply tho .deficit in everv ne;fft". oornoou, until tne succeeding cron into market. Snrti ix--il,? a" A - " vuiu tilery nc vianj ws uiu rusun m me dealing tween our own cilzens. Under a par tial failure of crops, the circulation of notes would be more abundant in pro. portion to the presure, and thus miti gate the misfortunes of the 'community until better times. But one of the rnoit wholesome operations of free circula tion of notes id the convenient c.xchano of indebldness which is thereby afforded especially during time of pecuniary lis! tress. The people in the sam? region cf country, and in their respective ncirj. borhoods, have a variety of sin steal ings with each other by which their va rious wants are' supplied, aJ tWiten ergies, industry and intelligence xtc& rocally put in requisition. The carper., ter wants the services of the blacksmith, ' the blacksmith of the shoemaker, t!;9 shoemaker of the tanner, and th ian. ner of the farmer, and the farmer of all these are but a few instances of illustration. Uy these dealings tie j. mount of i indebtedness in a communis a community often- becomes immense but inasmuch as the articlos and scr vices reeiprocaJly purchased, are all iL product of the same community, it does not necessarily require mouey or Bolton o pay those debts. Thus the coie of the farmer to the carpenter ivilj pay the debt of the latter to the blacksxiib anj of his to the shoemaker, and thus go Ihe rounds, until fifty separate dells are paid with it, and a thousand times the amount which it calls for upon its face. Under this separation the note is a,t finally to get in the hands of the mer chant, who receives tho cotton of the far mer when it is gathered fur market, ships it & receives payment. FroratV;s operation there are, as I conceive, raw wholesome results. 1st. The various avocations, of the community are kept in active and harmonious operation, re ciprocally supplying their varieus ne cessities, eveu under times of great pe cuniary presure; whereas, without tin operation, many of the most branches of industry would nc.vsci; ly cease, and often at thje very tirw wheo they were most needed ty ether branches. 2d. A multipliciry .of iu suits are thus prevented, as tfje Jebuf one man to another is made, by trans fer, to pay the debt often or fifty men. It would often prevent pecuniary pres sure and sacrifice " property ia a very large number of instances, promis-wry notes answering all the purposes of bank bills for the purpose of paying debts. ( Al the hazzard of becoming teJioii by repeating ideas, I would insist tlut all tho v various branches of iaJus'r? should be kept active. The carpenter. the blacksmith, tanner, shoemaker, Sa dler, should be kept employed, aud for this purpose they should be remunera ted. Now it is the practical operation of things in Mississippi, and likely to ue F for a lung time to come, that during larce nortion of th vrar. the median- cp i - j r ic or other laboring man can gett'Zv pay. ihe planter has exnaustou i ; : funds, and labors upon the promises oi nature, and he can nav in noth'ns else: but promises. If his promises can bf, rnnvtrtrA intn a murflncv. the lllCrhSD'i , , I ic or jobbercan procyiewith it the ne- cessanestor ins lamiiy. ana win cuu- untlti corit- .'unit fint - in nl nV mCntrlK ' ' Ul.ll J OVVA IViiU . Vtlliw ... can work rhparf hecauso he can alws'5!' find work, and compensation, and kv contracts habits of industry. With haV its'of industry, temjerance is framed. nnd men acquire frank and indepeadai manners, a love of character, and a fuj and clear perception of the beauty an linnn 1 1 m.P.t ID5, -i Ullllljf Ul 'H " ' - . system of thing's, men oC property ar? ; induced to ,ftij ernp'loyrrrcnt for the m T ' aus;xous !jot in all meir vanuw u caiicjir because arrangements ca- made" to pay them without money. system of domestic exchange of aa b dred various kinds, of which the v j circulation of notes would be the ma j; spring. On tho other hand, let od? become scarce from bad crops, lo P ces or' any other fluctuation 0,1 f or let it only bo scarce as oorJ i makes if, part, and the greawr r every year; and the muchanicmust money for his labor because mootf lv will orocure his supplies; tne , .: is'not m, the country and his l notxotnmaud it: he find3 bat H jJ Lim0M h 6oos I3" iSSTWAS " )