THE FARxMERS' REGISTER. 



509 



Friday ^ugriid IS. ISil. 



Besides the e:reat Swartwoiit, another abscomled 

 defaulter has i-ettirnod, and is at lar>je at home in Con- 

 necticut. This is tlie lion. Asa Cliild, wlio took only 

 $60,000 of the rail-road fund in his charge. 



Letters from New Orleans say that the sudden 

 death of one of the tellers in the Canal Bank had 

 caused an investigation into his accounts, which, as 

 far as the exainiiu'tion had proceeded, had disclosed a 

 deficit of over ,ffS0,O00. 



The report of a conspiracy for insurrection among 

 the slaves of Louisiana turns out to be as false as such 

 reports usually are. The slaves charged with the of- 

 fence have been tried, and ail acquitted. The white 

 man has not yet been tried, but is expected to be ac- 

 quitted. 



Three ministers of the Gospel, or students for the 

 ministry, belonging to an abolition institution in Illi- 

 nois, lately attemjifed to entice some slaves across 

 the Mississip[)i, (in Missouri,) to avail ot their assist- 

 ance to enable them to escape to Canada. The slaves 

 agreed to the proposal, and to the appointment of a 

 time when the deliverers were to cross'the river in the 

 night, to carry off the slaves to the Illinois shore. The 

 slaves informed their master of the scheme, and the 

 missionaries were arrested in the fact, and are in jail 

 awaiting their trial. It is a states-prison crime, and if 

 proved guilty, the holy emancipators may have ten or 

 twelve years to play the characters of persecuted apos- 

 tles and martyrs, while laboring as convicted felons. 



United States Bank stock lately fell to 14J . It has 

 since recovered a little, and was at lA^ in New York, 

 Aug. 9th. 



The ship Akbar has arrived at New York direct 

 from Canton, bringing accounts to April 16, and 16 

 days later than before. 



The English forces had made some further success- 

 ful but not very important advances, but serving to 

 confirm tlie impression made by preceding accounts, 

 that Canton was in etf'ect in their power and posses- 

 sion, and the Chinese unable to present any effective 

 resistance to further encroachments. The trade was 

 open for the present, under the British authorities 

 over Canton. In the various affairs, from 2.500 to 

 3000 of the Chinese troops have been killed, and 800 

 pieces of their cannon taken. The loss of the British in 

 killed and wounded is almost nothing. The supply of 

 tea by the Akbar, and the news, have reduced the 

 price of teas, which had risen, in expectation of the 

 trade being suspended. 



The Savannah Republican of August 7th, has the 

 following good news of the Florida war : — By the 

 United States steamer Gen. Taylor, Capt. Peck, 

 arrived here yesterday, we have the gratifying in- 

 telligence from Florida, that the war for the ninety- 

 ninth time, m-ay now be considered as at an end. 

 Wild Cat's whole band, men, women, children and 

 negroes, lOO in all, have come in at Tampa, and 40 

 more Indians of another band were on their way, and 

 were expected at Tampa in two days. A gentleman 

 who came on in the Gen. Taylor, says that he does 

 not think another rifle will be fired by the enemy." 

 Col. Worth, as commander in chief in a Floridian 

 summer campaign, seems to be worth more than all 

 of his sundry predecessors put together. We rejoice 

 to award to him due honor; but we protest in advance 

 against a claim being thereupon set up to make Col. 

 Worth president of the United States. 



The Macon Specific.—" This great move of Georgia 

 is destined to work a complete cure of the evils ot the' 

 currency. Already exchange on Augusta is (pioted 

 in New York 1 to 1:J instead of 1.5."— "All notes of 

 the banks of Georgia are hereafter to be roceivrd 

 and paid away at their specie current value only. All 

 banks who resume and stay resumed, their bills go at 

 par ; all others at their current discount ; acceptances 



paid, and drafts bought accordingly. Every price cur- 

 rent should note the above." — Charlcslon Mercury. 



VVe trust that " the Macon specific," or some 

 equally active and operative remedy, will be adminis- 

 tered to all the non-paying banks, and that every mem- 

 ber and branch of the whole great swindling paper 

 system may be soon forced to compliance with legal 

 and moral obligations. 



The statements rendered by the three principal 

 banks of Virginia show their respective amounts of 

 notes in circulation and specie to be as follows on 

 July 1: 



Bank of Virginia and branches. 

 Notes in circulation, - - f 2,649.798 

 Specie on hand, ... 821,442 



Or $\ specie for ^'3.22 of paper in circulation. 



Farmers'' Bank and branches. 

 Notes in circulation, - - ^'2,339,01.5 



Specie 677,530 



Or $1 specie for $3.43 of paper in circulation. 



Exchange Bank and branches. 

 Notes in circulation, - - $774,085 

 Specie on hand, ... 233,839 



Or $1 specie for .$3.31 paper in circulation. 



We have not yet received the report from the smaller 

 western banks, but presume they are no better off. 

 The general proportion of all the Virginia banks on 

 January 1, 1841, was $\ specie to every $3.05 of paper 

 in circulation, which was being something better pre- 

 pared to pay specie than after another half year of 

 pretended "preparation" to pay. At this rate of jjrc- 

 paring, the banks of Virginia will never be ready to 

 resume payments ; and they never will resume, unless 

 compelled by some stronger action than has yet 

 operated on them. 



.By this morning's mails, .August 13ih. 



The amount of loss sustained by the robberies, 

 frauds and failures of bank officers and banks, within 

 the last few months, i? enormously large. Few would 

 believe the astounding aggregate which they form, 

 until they should see them enumerated and footed, 

 which we here do, so far as we can now recollect : 

 U. S. Bank, suspended debt, lent to 



politicians, . - . . . $20,000,000 

 U. States Bank, taken by officers — no 



vouchers, 1,200,000 



Schuylkill Bank, Levis, 1,200,000 



Manhattan Bank, Newcomb, 50,000 



do. do. Officers and family, 500,000 



Virginia Bank, Dabney, 500,000 



Georgia Bank, Barker, 80,000 



Frederick Bk., Maryland, 186,000 



Norwich Railroad, President, 10,000 



Bank of Louisiana, Teller, 60,000 



Hank of Orleans, do. 80,000 



Canal Bank, New Orleans, do. 100,000 



Bank of Michigan, Officers, 100,000 



Illinois Bank, Mr. Town, 90,000 



Merchants' Bk. Bait., Clerk, 10,(t00 



Tenn. Bk., at Nashville, do. 7,000 



Frankfort Bank, President, 10(),()()0 



State Bank, Arkansas, Fayettevillc, 64,000 



23 N. Y. Free Banks, 1,500,000 



Penii.^ylvania Bank, Smith, clerk, 100,000 



Western Bank, Israel, cashier, 15,000 



Camden Bank, N. J., Peterson, clerk, 13,000 



.$.34,615,000 

 These are but a small part of the losses that have 

 rectntly occurred. That the pul)lic may be fully on- 

 lightened ;is to the real amount of cost in this ]iaiticulnr 

 which the ])pople bear for the bcnrfita o( |)aper money, 

 we trust that the press in various sections of' the coun- 

 try will make such additions as come within their 

 knowledge and here omitted.— P// (7 Ledger 



