THE FARMERS' REGISTER. 



379 



with the merchants interested in the East India an(f 

 China trade, and tliey had renionstratcd strongly against 

 its ratilication. A deputation had an interview witli 

 Lord Palmerston, on the 2!>th of April, upon the sub- 

 ject." 



"The dispute ot France vvitli JMorocco has been 

 settled by mutual concessions. The Governor ol' 

 Morocco lias been dismissed, and the French Consul, 

 M. de Laporte, has been recalled." 



The war is still rajjing in Algeiia, between the 

 French ami Arabs. 



The ISiew York Controller has advertised to sell at 

 auction, (because of susj)ension or failures of the 

 banks, the bonds and mortgages deposited with him as 

 security for circulating notes by tne ioliowing tree 

 banks : 



Bank of America, at Buli'alo. 



United States Bank, do. 



Merchants' Exchange Bank, at Buffalo. 



Mechanics' Bank, at do. 



Erie County Bank, at do. 



Phenix Bank, at do. 



Staten Island Bank, at Port Richmond. 



Cattaraugus County Bank, at Randolph. 



James Bank, at Jamesville. 



Binghamton Bank, at Binghamton. 



Bank of Lodi, at Lodi, Seneca county. 



Bank of Olean, at Glean. 



The President of the Frankfort Bank, Me. has been 

 arrested on a charge of swindlbig. There will be an 

 ugly time for bank operations when modern financier- 

 ing comes to be called by the old-fashioned name of 

 '■'swindling." 



Some few weeks ago about two bushels of abolition 

 papers arrived at the Petersburg post- office, from a 

 northern abolition society, directed to various indivi- 

 duals. They were all stopped and burnt. Some months 

 before that there had been a previous similar supply, 

 and in as large quantity, whicli had met with the like 

 fate. 



All the four negroes charged with the recent mur- 

 der and arson, at St. Louis, have been arrested, and 

 also a white man, who is suspected of being accessory. 



Another negro stolen. — On or about the 14th instant, 

 a negro man, the property of Mr. Stubblefield, of 

 Gloucester county, Va., was stolen and carried off by 

 a New York vessel. The owner immediately set out 

 by land for New York, with another gentleman, to 

 identify his property. 



The New- York Times says. " The honorable Asa 

 Child, of Norwich, lately President of the Norwich 

 and Worcester Rail-road Company, has absconded 

 with about 40,000 dollars, obtained from that institu- 

 tion by peculation and forgery. He was last seen in 

 Philadelphia en route it was supposed for Texas." He 

 was formerly district attoney of the United States and 

 was one of the late candidates for presidential elector. 



The Frederick County Bank, (Md.,) was entered 

 " by burglars," with a false key, between last Satur- 

 day night and Monday morning, and robbed of ^Ibo,- 

 976, of which §10,000 was in specie. This being 

 much more than its whole original capital, the bank 

 has suspended operations. From the clear work made, 

 as well as from their manifest preference for hard mo- 

 ney, we suspect that the " burglais" were some of 

 those who had charge of the bank, or knew well the 

 situation and contents of its vault. A rewaid of $10,000 

 (in paper, we suppose,) has been offered by the bank 

 for the recovery of the money. Query. If the thitf 

 and the bank had kept their own counsel, and the rob- 

 bery had remained a secret, why might not the bank 

 have continued its operations just as well as before, 

 and with as much benefit to the public, and muchmore 

 to private interests .' Under a continual suspension of 

 specie payments, it matters not whether both the capi- 

 tal and the specie of a bank have been stolen or not. 



The Danville (Va.) banking house was broken open 

 a few nights ago, but the burglar was not able to get 



into the vault, and so stole nothing. Ergo, he was nol 

 a bank officer. 



Two distressing events have re.cently occurred in 

 Canada. A storm destroyed a number of rafts of tim- 

 ber on the St. Lawrence, and about .50 persons of their 

 crews were drowned. A part of the Clilf of Cape 

 Diamond, in Quebec, had sli|)ped down, and crushed 

 seven or eight houses, and killed 2G persons. 



The whole number of persons on board the Presi- 

 dent were 136. 



Three eminent lawyers, Messrs. Dallas, Hirst, and 

 Ingersoll, having been consulted by request of a pub- 

 lic meeting in i'lnladelphia, have severally given their 

 opinions tnat the late " relief law" of Pennsylvania, 

 in authorizing the issue of §3,000,000 in small bank 

 notes, or bills of credit, is unconstitutional. 



On May 7th, 220 Indians (all of whom except about 

 50 were women and children,) who had been captured, 

 or had surrendered at various times, were shipped from 

 Tampa to the Mississippi, for their new western home. 

 Several chiefs and sundry other Indians had come in, 

 and who hitdprojnised for all the others, on the condition 

 of being paid the money promised by the government, 

 to buy the chiefs' consent to emigrate. But as •Gene- 

 ral Armistead could not show ttie cash, (the govern- 

 ment being pretty much like the banks, in a state of 

 " suspension,") and the Seminoles putting no trust in 

 the '' credit system," they have returned to their fast- 

 nesses, and recommenced the war of private murder. 

 Several inhabitants, and a mail carrier, have been 

 since killed, and the bloody work will now proceed as 

 before. The troops are already very sickly. General 

 Armistead has probably left Florida, on leave of 

 absence, and is expected to pass through this town in 

 a weekj on his way homeward. 



The bank of Chilicothe, after having lent §500,000 

 in paper to the state, and immediately stopped specie 

 payments, as stated in our summary of the 8th inst. 

 has since (?s was then anticipated) shipped off a large 

 amount of its specie for sale in New York. By this 

 latter "fair business transaction," the bank will make 

 a profit of 15 per cent, piemium, that being the pre- 

 sent ditfierence of value between specie and its now 

 discredited notes, in which the bank will pay its cre- 

 ditors. 



Though specie is so deficient in this country, it is 

 still sent abroad to countries that will not submit (as 

 we do) to use the depreciated paper currency ot swind- 

 ling banks. §80,000 in specie went by the last packet 

 from New York to England. As long as our banks 

 continue to cheat and rob the community, by refusing 

 to pay their debts, and by issuing and circulating tiieir 

 irredeemable and depreciated notes, so long specie 

 must, of necessity, be exported, as long as any can be 

 obtained to export. • 



By this morning'' s mails, (May 29.) 

 The brig Minstrel, from Ireland for Quebec, having 

 on board 141 emigrant passengers, struck on Red 

 Island Reef, and was lost, oa the 18th instant. There 

 were 152 persons on board, of whom 148 perished. 

 Only four (of the crew) escaped. 



The following banks of Pennsylvania have notified 

 the governor of their acceptance ot the "relief law:" 

 The Harrisburg Bank, Exchange Bank of Pittsburg, 

 Bank of Chambersburg, Carlisle Bank, Bank of 

 Lewistown, Towanda Bank, Lancaster Bank, Farm- 

 ers' Bank of Lancas^^r, and the Farmers and Mecha- 

 nics] Bank of Philadelphia. The Bank of Piltsbuig 

 declines accepting. 



Saturday, June 5, 1S41. 

 We have heard that some of the bank men have 

 had under consideration the propriety of answering 

 the arguments and facts, presented in the Farmers' 

 Register, which serve to expose the evils and iniqui- 

 ties of the paper system. We heartily wish they 

 would make the attempt— but have not the least 

 expectation of it. The banking wire-pullers and 



