572 



THE FARMERS' REGISTER. 



" Captain William K. Latimer, late commander 

 of the United States sloop of war Cyane, has been 

 sentenced by a general court martial to five years 

 suspension, with loss of pay and rank, for cruelty and 

 tyranny to his crew of the grossest kind." — Good ! 

 And sundry more such examples of deserved punish- 

 ment are yet needed. 



The Union Bank of Montreal (Canada) a swin- 

 dling and bankrupt concern which had neither credit 

 nor character, and was scarcely known of at home, 

 had an agency office in the city of New York osten- 

 sibly to redeem its notes, but really, by that pretence, 

 to get them into circulation, and then cheat the hold- 

 ers. This has just been done, by the redemption be- 

 ing declared at an end, and the notes becoming utterly 

 worthless. This is merely doing completely and 

 throughout what all suspending and irresponsible banks 

 do in part, and to greater or less extent, in effect, if 

 not by intention, according to their opportunities, and 

 to the degree of submission of the community. 



Frequent inquiries are made to know what has be- 

 come of the assets of two or three of our swindling 

 and broken moneyed institutions ; to wit, the Phila- 

 delphia Loan Company, the Philadelphia Savings 

 Institution, and the Schuylkill Bank. It is now some 

 two years since these several institution^ ceased to 

 exist, and were placed in the hands of assignees for 

 settlement; at least it was so with the two former. 

 Promises were then made by the presumed honest 

 men who took this duty upon themselves, that there 

 would be a half or more of the amount due to credi- 

 tors realized. But this, we are assured, has not been 

 the case. The creditors, or at least some of them, 

 and we presume all, have not received a cent, and that 

 they ever will is a questson as much in the dark as it 

 ever was. The affairs of the Schuylkill Bank are 

 involved in equal mystery. The very few who have 

 control are doing business in their own way, or are 

 doing nothing, and the great body of the stockholders 

 know not whether their stock is worth any thing 

 or not. — Ph. Ledg. 



By this morning^ s mails, Sept. 3. 



A wonderful occurrence (if not a very elaborate 

 and foolish hoax) has recently taken place in Davidson, 

 Tenn. A shower of what seemed to be blood and 

 finely divided flesh fell from a small red and low-flying 

 cloud. The space sprinkled by the shower was nearly 

 half a mile long and about sixty yards wide. It was 

 principally over a tobacco field, and the leaves of the 

 tobacco furnished specimens abundantly of the sub- 

 stance, and also showed the course of the shower and 

 perpendicular direction of the descent. Portions of the 

 substance had been sent to Professor Troost, to be ana- 

 lyzed. The editor of the Nashville Banner, who saw 

 them, says " they appear to be animal matter, and the 

 odor is that of putrid flesh." 



Effigies of President Tyler have been publicly 

 burnt, with every accompanying solemnity of insult, in 

 Louisville Ky., and at several places in Ohio, on ac- 

 count of his veto to the first bank bill. So much the 

 better for the president, and the cause for which he is 

 thus insulted. Such procedure is only to be deplored 

 Hs being disgraceful to our country, and tending to de- 

 grade the government abroad. 



Private letters, received in New York, give some 

 account of alarming disclosures being made in respect 

 to the Union Bank of New Orleans. A correspondent 

 of the Commercial says that " in addition to the over 

 drafts previously known, it appears that about ^800,000 

 more have been discovered ; — one firm alone, Oo-den 

 and Southgate, having abstracted $100,000 ; another 

 individual $50,000 ; and Mr. Woodrufl', one of the 

 directors, some $15,000. Every thing, however, 

 connected with banking in this city is kept so secret 



that the public is left to conjecture the amount of the 

 various defalcations." It was in agitation, it is said, 

 to place an injunction on the bank. — Phil, Ledger. 



Friday, Sejytember 10, 1841. 



The steam-ship Britannia arrived at Boston on the 

 2d, brineing accounts from England 15 days later, 

 to the 19th ult. 



Great alarm has been produced throughout Great 

 Britain of a failure of the wheat crop, in consequence 

 of the cold and wet weather during harvest, so far a3 

 it had been heard from. Still, by private advices received 

 here, accounts differ much as to the prospect. The 

 price of wheat however was rising in England and 

 the duty of course lessening. This must raise the 

 price of grain in the United States. 



" Accounts of commercial distress reach us from all 

 parts of the country. Trade is in a deplorably de- 

 pressed state ; and failures in manufacturing districts, 

 to amounts, are aff'airs of daily occurrence. From 

 Manchester, Leeds, Bolton, Bradford, Glasgow and 

 Paisley, we receive, by every post, harrowing details 

 of the sufferings of the poor, thrown out of employ- 

 ment and obliged to subsist on an allowance of the 

 coarsest food, falling short of what is allotted for the 

 maintenance of convicted felons in our jails and peni- 

 tentiaries." — London Sun, \lth. 



It was reported by London papers that 15 ships of 

 the line bad been ordered to our coast on account of 

 the McLeod affair. Doubtful. 



" The Paris papers speak in gloomy terms of the 

 harvest." 



A most destructive fire has occurred at Smyrna. 

 From 9 to 10,000 houses were burnt, including 8 

 Jewish synagogues and a number oi Turkish mosques. 

 From SO to 40 persons lost their lives by this disaster, 

 and more than 20,000 are left without food or shelter. 



In a trial of speed on the Great Western Railway, 

 (Eng.) the "Hurricane" locomotive passed over 

 within two hours, which was at the rate of more than 

 60 miles an hour. 



The price of cotton has declined. 



Free Negroes. — In New Orleans and almost every 

 town on the waters of the Ohio and Mississippi, mea- 

 sures are in progress to send off the free negroes, in 

 consequence of the disturbances, murders and rob- 

 beries, which have been committed or are alleged to 

 have been committed by them. 



Lynchers indicted. — " Judge Pryor, at August term of 

 the Circuit Court, held in Grant county, Ky., called 

 the attention of the grand jury to the unlawful execu- 

 tion of Maythe and Couch, who were taken out and 

 hung by a mob. The Judge pronounced all unlawful 

 and deliberate killing, murder. The executions that 

 had taken place, were without trial, and under no law 

 but the law of a mob, and all who were present, ad- 

 vising or aiding in the act, the law regarded as alike 

 guilty. The jury entered upon the discharge of their 

 duty, and returned into court with nine bills of indict- 

 ment of murder in the first degree, against individuals 

 concerned in the execution. The remarks of the 

 judge in the charge to the Grand Jury show him to 

 be a sound lawyer and a fearless public officer. It is 

 to be hoped that the clergyman who so far disgraced 

 his calling as to lend his official services to the atrocious 

 ceremony is among the numberindicted." — Phil. Ledg. 



It seems we were mistaken, in acquitting all the 

 officers of the Danville Bank of the robbery lately 

 committed. The money (i. e. " promises to pay,") 

 has been recovered, and the teller, Mr. Joseph Terry, 

 has been arrested as the thief. Of course, as in all 

 such cases, Mr. Terry was a highly respectable gentle- 

 man. Hereafter, to make amends for this one mistake 

 of ours, whenever any bank robbery occurs, we shall 

 take it for granted, until the contrary be proved, that 

 the undetected thief learned his trade of dishonesty 



