668 



THE FARMERS' REGISTER. 



SUlMEIVEAR'Sr or IJEWS. 



Fridaij,Nov. 5, 1841. 



A Spanish slaver, the Gabriel, from Havana, has 

 been captured by the British cruiser Acorn, and sent 

 into St. Helena. Seven other slavers had before been 

 sent in, and 1600 Ai'rican-!, taken i;i them, were then 

 on the island. Papers found en the Gabriel stated 

 that 23 slave vessels were fitting out at Havana. 



The yellow fever has been very prevalent and fatal 

 at Vicksburg and New Orleans. Natchez and Mobile 

 have been very healthy through this season. 



The ship Huntress arrived at New York on Novem- 

 ber 2, direct from Canton, brinf,^ing accounts 17 days 

 later than those published in last week's summary, and 

 which the papers by the Huntress confirm. There 

 have been no later military operations. 



The English traders in China are much dissatisfied 

 with the terms of the ransom of Canton. They com- 

 plain that the ransom will be paid out of their own 

 money, and that the trade will fall into the hands of 

 the Americans and other nations, to the injurious ex- 

 clusion of the English. The English commander 

 held possession of the island of Hong Kong, and had 

 advertised many building lots for sale. 



The blockade of Canton had been announced just 

 before the Huntress sailed. 



Florida. — The United States steamer Gen. Taylor, 

 Capt. Gilham, arrived last evening from Florida. 

 From a passenger we learn that Tigertail and most of 

 his band, about 100 Indians, have been induced by 

 Alligator to come in at Tampa — where they aie sale 

 undu- the care of Col. Worth. It will be recollected 

 that Alligator is one of the Indians recently arrived in 

 the territory from Arkansas, for the purpose of in- 

 ducing ids brethren to emigrate to that country.— 

 Savannah Jlcpcblican. 



Shipment of two hundred and fifty Indians, inchiding 

 Coacoochee aiid his entire band!— We have iniorma- 

 mation from Tampa Bay to the l-tth inst. which may 

 be relied on, stating that Colonel Worth had shipped 

 250 Indians to the West, including Coacoochee and 

 his entire band, Hospilarkee and 85 of his band, and a 

 considerable portion of Halleck's people ; and that 

 arrangements are in progress for extensive and ener- 

 getic winter operations, to follow up the active sum- 

 mer campaign with which our present indefatigable 

 commanding officer has "astonished the natives."— 

 Si. Augustine News. 



In the case of the United States against the Bank 

 of the United States, in the Circuit Court of the United 

 States sitting at Philadelphia, in a suit to recover the 

 sum of $251,243 24, retained by the bank out of the 

 declared dividends upon stock owned by the United 

 States, as an offset for commissions, losses, ike. in the 

 negotiation of a draft of the Government upon France 

 some years ago, the jury on Momiay morning gave a 

 verdict in favor of the United States for the amount 

 claimed and costs. — Nut. Int. 



In the important suit of the United States Bank 

 against Steenbergen and hi'; alleged endorser, (Col. 

 Andrew Beirne,) judgment has been given for the 

 defendants. The sum in suit was very laro-e. 



The packet ship Oneida sailed from New York on 

 November 2d. for France, carrying away #151,830 

 in speeie. 



Benjamin Green, the famous Richmond financier, 

 is now under trial. 



Friday, Nov. 12, 1841. 

 Gen. Wingfield Scott has announced to the public, 

 (through a quasi private, but lithographed circular 

 letter,) together with an exposition" ot his political 



opinions and principles, his ready consent to accept 

 the office of president of the United States. This 

 annunciation purports to have been called forth by 

 many private letters, none of which are given. It is 

 now in all the newspapers. It indeed Major General 

 Scott's ability to fill ihe exalted station were at all 

 comparable to his ardor in seeking the promotion, it 

 would be a dangerous and awful conjuncture, when 

 the actual and acting commander in chief of the ar- 

 mies of the United States, is also in the field as an 

 avowed, bold, and busy candidate for the presidency. 

 But, as General Scott is, this remarkable and singular 

 movement is rather an illustration of the old fable of 

 the ass kicking at the dying iioii. If the opinions of 

 Gen. Scott are indeed worth any thing, (which we 

 do not mean to assert,) this movement would clearly 

 indicate the belief, that the lion Clay is politically 

 dying— and that his claims to the succession no long- 

 er require respect or forbearance from the smaller 

 aspirants of his own party. 



"One of the greatest frauds practised upon the com- 

 munity by banking institutions, is the declaration of 

 dividends by those that are suspended. The follow- 

 ing dividends iiave been declared by the Philadelphia 

 banks : — 



Capital. 

 Southwark 2.50,000 



Commercial, l.OOM.OOO 



Manuf. & Mechan. 401,300 

 Western, 500,000 



Northern Liberties, 350,000 

 Moyamensing, 250,000 



Mechanics', 1,400,000 



Farm, and Mechan. 1,250.000 

 Girard, 5,000,000 



#10,401,300 



The currency issued by these 

 cent, discount for specie, owing 

 inability to pay their debts, yet in the face of this de- 

 claration, they come out and announce that they have 

 made profit of an average of nearly 2 per cent, in 

 six montlis, which they divide among their stockhold- 

 ers. Now, one of two things is certain. If the banks 

 are making money, they can afford to bear the loss 

 of converting a sufficient quantity of their assets into 

 active means, in order to redeem their circulating 

 notes. If they are not making money, and cannot 

 pay their debts, this process of dividitig up the capital 

 among the stockholders is a direct robbery of the 

 creditors of the bank. An association of individuals sub- 

 scribe, as in the case of the Girard Bank, $5,000,000; 

 on the credit of that capital they obtain credit of the 

 public and of other banks ; in process of time, they 

 find themselves unable to pay the debts so contracted, 

 and their notes sell in the market at 4 per cent, dis- 

 count. They then proceed to divide up among thein- 

 lelves, at the rate of 6 per cent, per annum, the capital, 

 on the strength of which they obtained credit. If 

 they can divide 6 per cent., why may not they divide 

 the whole, and leave the creditors to take care of 

 themselves ? The above banks are all insolvent, and 

 the Girard so notoriously bad, that the stock sells at 

 25, and yet the directors have the boldness to take 

 #50.000 of the money that belongs to the creditors of 

 the bank, and divide it among the proprietors. The 

 profligacy of this proceeding can only be equalled by 

 the supineness of the people that permit such a state 

 of things, or the corruption of the legislature that 

 permits such institutions to exist. — N. Y. Herald i¥o- 

 ney Article. 



A British sloop of war, Iris, has attacked a large 

 slaver, in the Bight of Benin, and was beaten off with 

 loss. 



The bank of Buffalo has finally stopped payment. 

 Of twelve banks in Buffalo a year ago, eleven ar» 



