THE FARMERS' REGISTER. 



623 



Fresh fi^li (tuibot) was spivpiI up at P-arl stioel 

 House, Boston, bioiiglit Irom England in the Acadia. 



The National Inteliigencpr (hani<ite) of yi'stenlay, 

 says — " The Baltimore Republican ascribes the liite 

 triuiiipi) of its parly in Maryiaiui, to ' Mc Iwo vetoes.' 

 This we do not deny." This is excellent -.uUliorily 

 in such a case ; and it shows that Uie picsident's veto(>s 

 have operated indirectly, to reform the swindling and 

 rotten banking system in gonerni, as well as to pre- 

 vent one particular branch of it being again connect- 

 ed with, and fixed upon the federal government. 



The New York Herald of the 13tli announces posi- 

 tively upon certain, though secret information, that 

 McLeod, had been acquitted. "Secret and confiden- 

 tial information" of the verdict of a jury is some- 

 thing new under the sun. We have no doubt of the 

 truth of the acquittal of McLeod, but believe that 

 the Herald anticipated it by such inferences as any 

 person iniiiht as well draw, and not by knowing a 

 passed result. 



Last sales (or report of sales) of United Staff's 

 Bank stock in Philadelphia (October 13,) at .5;^. In 

 New York " entirely unsaleable, and should be struck 

 off the list," says the " Money Article" of the New 

 York Herald. Having in our summaries noted its down- 

 ward progn^ss thus to no//; i??g, or to the mere nominal and 

 fictitious rate of speculators, we now bid farewell 

 to this remnant of political iniquity, wide-spread 

 fraud and plunder, and colossal engine of corruption 

 of public and private morals. 



Friday, Oct. 22, 1841. 

 As anticipated in our last week's summary, McLeod 

 was acquitted by the jury almost as soon as the case 

 was referred to their decision. There was no popular 

 outbreak, nor the least ground of fear from that source 

 to the prisoner, who was immediately released, and 

 remained unguarded, and perfectly safe from all 

 offence. 



Young Semmes, charged with the murder of Prof. 

 Davis, and bailed for $25,000, has failed to appear 

 to take his trial. The next thing to be expected i-^ 

 that some flaw will be found in the bail bond, or 

 other part of the procedure, and the criminal will not 

 even pay the money price of blood. This bail pro- 

 cess is a shameful part of the very defective criminal 

 law of Virginia. 



A slave plot for insurrection, near Purysburg, was 

 discovered in South Carolina a few days ago. Nine 

 of those concerned were arrested, four of whom, it is 

 saicf, will be hung. 



Millingion Bank. — We learn t>om the Baltimore Sun 

 that Mr. Ellis, president of that swindling concern, tiie 

 Millington Bank, was tried last week at Chesfertown, 

 Md., and convicted. He was placed in prison after his 

 conviction, and a motion for a new trial made by his 

 counsel prevailed, and his trial is to take place at the 

 next tern]. The charges against him are aiding and 

 abetting in swiiuding, &c., while president of the 

 Millington Bank. 



Redfield. — Mr. Redfield, cashier of the Commercial 

 Bank, New York, lately enjoined, has been ascertain- 

 ed to be a defaulter to the amount of #.56, 000. ./?« 

 usual, Mr. Redfield was a gentleman of the highest 

 character and respectability. 



The elections in Pennsylvania, as well as those of 

 Maryland and Georgia, have gone decidedly in favor 

 of the democratic party, claiming to be the anti-fraud- 

 ulent paper money party, and the contest there has 

 turned, and the victory has been gained, as in Mary- 

 land and Georgia, on the question of bank r^sumfjtion 

 of specie payments. We earnestly hope, but in ' 



great fear of the reverse, that the successful party 

 will redeem the pledge thus given. 



As one of the striking "signs of the times" the 

 National G>r/ette of Philadelphia, one of the most able 

 and thorough baiikite na|)eis, has taken new ground, 

 and on the above subject utters such language as the 

 following : 



"The Baltimore Clipper, speaking of the result of 

 \\\i\ late election in Maryland, claims for the whigs 

 a majority in the Senate, and expresses the belief, that 

 no opposition will be ottered by that body to any 

 measures which may be proposed by the [lower] 

 house, touching the finances of the state ; the public 

 del)t, regulation of the banks, &c. -It adds, ' It is now 

 generally understood, that the banks will be compelled 

 f(» resuniR specie payments ; to which we suppose 

 there will be little objection by either parly, as that 

 measure had its influence in producing the result at 

 the election which has just terminated.' 



" The banks cannot fail to perceive (hat the questions 

 of resumption and a sniuui currency are becoming 

 pai-amount to all others with the peo()le. Political 

 contests are determined vpon them, and the party that 

 advocates or vpholds the banks in their present course is 

 overthrown. So unpopular is this ]ualonged bank sus- 

 pension becoming, that ere long there will be "none 

 so poor as to do them reverence,'- if they persevere 

 in it. We see daily evidences that the people are 

 resolved not to tolerate the existing state of things 

 connected with the circulating medium much longer. 



" The people are becoming dissatisfied with the con- 

 duct of corporate institutions, or what may more pro- 

 perly be termed monopolies. The opinion is obtaining 

 very extensively, that it is far better to abolish bank 

 charters, and leave the business of banking open and 

 free to every one who chooses to engage in it. We 

 fully concur in these opinions, At another time we 

 shall go fully into this subject." — Nat. Gaz. 



There was some drawing of specie from the debtor 

 banks to-day for remittance, and the amount ship- 

 ped will not be far from $.500,000. The Wellington 

 has on board for London #•208,000. This is a mere 

 trifle, however, and will in no wise inconvenience the 

 banks, which are overflowing with specie, and must 

 continue so to be, while the specie of the whole 

 union is driven here by the irredeemable currency of 

 the south arid west. The people of those sections 

 continue to prefer the depreciated paper of fraudulently 

 insolvent banks to the currency of the constitution. 

 The consequence is that New York having a super- 

 fluity of specie, it goes to Europe, because it is more 

 in demand there than in those states where the com- 

 munity reject it in favor of bank rags; at the same 

 time they complain of what they call high rates of 

 exchange. Nearly ,#.50,000 arrived here yesterday 

 from New Orleans, where the people tolerate the 

 shin plasters. — Money Article of N. Y. Her. 



Currency and Business. — The New York Sun, a 

 neutral paper, has the i'ollowing very just remarks 

 with res^ard to the effect on ciurency and business of 

 a defeat of the [national] bank bill. It says : 



" As regards the efl'ect upon currency and business, 

 it will be nothing at all. As we have repeatedly 

 shown, the currency and exchanges are regulating 

 themselves much more effectually and soundly than 

 any bank could regulate! them, and trade is reviving 

 as rapidly as the laws by which it is and must be go- 

 verned will sanction. Had a bank been created, it 

 would have made endless mischief. Having escaped 

 this danger, business will go on, as it has been aoing 

 on, in its steady, regular and natural channels. Such, 

 as far we can learn, are the opinions of the discreet 

 and honest men of all parties." 



From Florida.— The St. Aueustine News, of the 

 8th inst., contains advices from Tampa to the 1st. On 

 the 6lh, Col. Worth was to ship fioin 2.50 to .'500 In- 

 dians westward, of whom 95 were warriors. There 



