THE FARMERS' REGISTER. 



673 



behind the counter of the bank, anil by execufinj; its 

 regular operations and spoliations on the community. 



Another bank vault tapped and the leak discovered. — 

 The Cape Fear Branch Banlc at Raleifjh has had a 

 portion of its funds appropriated (the reader maysiij)- 



fi\y any more appropriate word.) by tlie cashier, K. 

 [. Wingafe, to the acknowledged amount of about 

 $10,000 — and how much more, the directors have 

 since been trying to find out. The first suspicion and 

 his confession came together on last Monday, (6th,) 

 and up to the 8th the deficit was ascertained to be 

 about $12,000. Mr. Wingate was not only cashier, 

 but head and chief of the Branch Bank, there beins: 

 no president except of the mother bank at Wilming- 

 ton. 0/ course, he was of the highest respectability. 

 No suspicion had been excited ; but the president of 

 the mother bank, finding that the times were squally, 

 and defalcations being brought to light plentifully, and 

 even where least suspected, thought !ie would make a 

 general tour of inspection to all his branches. The 

 Raleigh defalcation was the first fruit of his investiga- 

 tion. The newspapers of Raleigh say not a word 

 about the matter. Our information is derived from 

 gentlemen just arrived from Raleigh, and who well 

 know the facts as there reported and believed. Would 

 it not be a good plan to have a geneial official 

 search into the accounts and funds of all unsuspect- 

 ed banks? If it were done, our summary of news 

 and the whole " Bank Refbrmer" to boot would 

 scarcely be able to present all the interesting disco- 

 veries. 



Another swindling financier caught. — " E. Whiting, 

 late Cashier of the Galliopolis Bank, has been arrest- 

 ed at Lowell, Mass., and there awaits the requisition 

 of the Ohio authorities. 



The Augusta (Georgia) Chronicle of the 2d inst. 

 says, that rumors are in circulation that two bank 

 clerks in Columbus have decamped, being defaulters 

 to an amount not known, but not over probably $100, 

 000, nor less than $40,000. The Sentinel attributes 

 aH|these delinquencies to the suspensions. The direc- 

 tors set an example of dishonesty in suspending pay- 

 ment, and it is but too readily followed and improved 

 upon by their servants. Nearly all of the late rob- 

 beries have been perpetrated upon suspended banks. 



The Augusta Chronicle says — " The Columbus 

 Enquirer contradicts the report published by us some 

 days since, relative to the removal of the assets of 

 the bank of Columbus across the river to Gerard, Ala. 

 The Enquirer says — " We repeat the assurance, that 

 the assets of the Bank of Columbus remain where 

 its charter placed them, under ilie control of its able 

 and responsible direction, who stand ready in good 

 faith to discharge their obligations to the community 

 and to the stockholders. " The bank of Columbus, 

 and the Planters' and Mechanics' Bank, are both going 

 on with their regular business as usual, redeeming their 

 bills with other current bank notes. [A pretty mode of 

 redemption truly! One broken and dishonoied pro- 

 mise, redeemed by another just as bad ! — Ed. F. R.] 

 Their course in resisting the action of receivers 

 has thus far proved not only wise but fortunate, to 

 one of them at least. No receivers have, however 

 qualified, or attempted in any manner to take control 

 of any of our banks. Appointments were made which 

 were not accepted, and there the matter ended, and so 

 we presume will stand ended." [The plain English of 

 all this is, that the broken banks of Georgia put at de- 

 fiance not only the general law, but also the judicial 

 decision which directed their assets to be taken pos- 

 session of; "no receivers have qualified," and that is the 

 way that the judgments of the court are nullified.— Ed. 

 F. R.] 



We learn that the state officers are in trouble about 

 Wheeling notes, which are receivable for taxes, and 



which, nevertheless, stand at ten per rent, discount 

 here. [Is it not 15 per cent .> — Ed. F. R ] The result 

 of this awkward state of things will be that the wes- 

 tern folks will pour these notes into.the statj trea- 

 sury ; which will suffer a loss of one-tenth on its 

 inp;iii,s : a thing which its resources, already cramped, 

 will not admit of. Some action will, we believe, be 

 attiMnpted to avoid this consequence. — Richmond Star. 

 This is one of the beauties of banking. The peo- 

 ple pay a tax of ten cents for every dollar of these 

 Wheeling notes paid into the state treasury! This is 

 truly republican — to tax the whole people of the state 

 for the benefit of a few bank corporations. We heard 

 the other day the case of a plain farmer, on whom a 

 bank palmed off one or two hundred dollars in these 

 depreciated Wheeling notes. — Petersburg Statesman. 



The revenue bill has passed the Senate. The pro- 

 posed duties on tea and coffee had first been stricken 

 out. 



The (old) United States bank finished atlast ! ! ! On 

 the 4th. inst. it was announced that all the remaining 

 effects of this institution had been assigned to trustees 

 to wind up its affairs and pay its debts [if that be 

 possible.] The stock, which had before recovered 

 and gone above 13, immediately fell to $8.50 the share. 

 (Since, on the 6th.it sold for 7,50.) And this, we 

 suppose is the last of this most infamous and most 

 powerful, and most predatory on private interests and 

 injurious to general interests of all banks that have 

 ever existed. 



There are no less than 15 private shin-plasfer 

 bankers in Frederick, Md. engaged in manufacturing 

 " money" for the " dear people." — Bait. Sun. 



The President has been also burnt in effigy in St. 

 Louis, and hung in effigy in Nashville, for his first veto. 

 What is in store for the second ? 



THE SECOND VETO— By a private letter (of 

 unquestionable authority,) written after the mail 

 closed at Washington, we have just learned that the 

 Veto of the President to the second bank bill (we beg 

 pardon, "Fiscal Corporation") was sent in to Con- 

 gress yesterday, and that the message was then in the 

 printers' hands. Laus Deo! There will be no United 

 States Bank established, (or even "Fiscal Corpora- 

 tion,) during the presidential service of John Tyler. 

 Therefore the burners and hangers in effigy, &c. &c. 

 will not succeed, unless they take to a more direct and 

 vital remedy. The scheme which has been avowed, 

 to buy John Tyler, will not answer; the only way to 

 get rid of him, his objections to committing perjury, 

 and his constitutional scruples, will be to kill him ! 



No mail from Raleigh, and of course no more par- 

 ticulars of the bank investigation than we learned 24 

 liours before. 



At the Washington Navy Yard, (7th.) By the acci- 

 dental explosion of a 32 lb. shell, filled with detonating 

 powder (a new invention of Lieut. W. D. Porter,) 

 Capt. Jacob Bright, the Master Armorer, was killed, 

 and his body scattered in fragments. 



An awful riot occurred at Cincinnati on the night 

 of the .3d inst., by which several lives were lost, and 

 many persons wounded. Its commencement was a 

 quarrel and fight between a few negroes and whites, 

 and in which one of the latter was mortally wounded. 

 The whites assembled to the number of several thou- 

 sand, attacked some of the houses of the negroes, 

 who defended themselves with muskets. A cannon 

 loaded with slugs was fired several times by the whites. 

 The military finally quelled the riot, and order was 

 restored. 



The "Missourium," or skeleton of a double-sized 

 mammoth, which has been exhibiting in the western 

 cities, turns out to be a counterfeit, or at least so far 



