THE FAKMEltS' REGISTER. 



669 



broken, or at least have stopped operations, and (lie ! 

 twelth is in bad credit. 



Lima, /«/y 9///, IStl.— Between Ihe 8tli and 15th 

 ultimo, a complete transformation took place tliroii;;!)- 

 out Bolivia. Gen. Santa Cruz has been proclaimed 

 president by the people and army, and a deputation 

 has been sent to Guayaquil (whiue he at present 

 resides) to invite him to return to his native country 

 and accept the command. 



A war between Equador and Peru now appears 

 inevitable, in which it is probable that Bolivia, with 

 Gen. Santa Cruz at lier head, will take a part, and 

 Peru will be invaded from the south and north si- 

 multaneously, when I conceive the fall of the odious 

 Gamarra horde to be inevitable. — Jour. Com. 



The Washinu;ton Baidv of this city (one of the 

 Free Banks) has been closed by an injunction Trom 

 the Chancellor. Its circulation is small. In Maicii 

 last, it was .$■14,02.'); to redeem which, there vi'ere 

 pledged with the Comptroller New York State Fives 

 to the amount of $'7000 and bonds and mortiraijes to 

 the amount of $10,0(10. It has never enjoyed a large 

 share of the public confidence. — lb. 



The London packet ship Philad'-lphia takes .f .55,000 

 in specie, chiefly sovereigns. — lb. 



There are indications in various quarters showing 

 that a general movement is in contemplation to u 



There has been an insurrection in Spain. 



France is in a disturbed state. 



There is great excitement in the money markets, 

 both of London and Paris. The statu of trade is bad. 

 The heavy rains have injured the crops, and there will 

 be a scarcity of wheat. There is a slight increase in 

 the revenue. Cotton is steady. 



All the English papeis are talking about the proba- 

 bility of a war, and active preparations are making 

 for it.— Public Ledger. 



Philadelphia Money — There has been a groat change 

 for the worse within two or three days, in the discount 

 on Philadelphia money, and in fact iu all the money 

 of Pennsylvania and that part of New Jersey which 

 remains suspended. The discount yesterday was 5 1-2 

 to 6 pf'r cent., and the brokers were quite indisposed 

 to buy large sums at all. Suspension seems to be com- 

 iu"- to a crisis. The sooner the better. Pay, or wind 

 up, ought to be the only language held towards the 

 banks throughout the country. — Jour. Com. 



The rate of exchange is increasing agaiast Virginia, 

 that is, the notes of our non-specie-paying banks are 

 becoming still more depreciated — and that not only as 

 to the specie currency of New York, but also as to 

 the irredeemable paper currency of Maryland and 

 Pennsylvania. The Virginia banks have stopped 

 their heretofore regular practice of selling specie — that 



a resumption of specie payments by the banks. The i js, selling drafts on New York, which is the same thin 



dominant party in this slate will probably t!~iiik them- 

 selves bound to make a stir in the matter, and we do 

 not think that the whigs will offer any obstruction to 

 the course which the other may choose to pursue. — 

 Bait. Jin. (Bankile.) 



Oct. 14. — Our banks, — We have previously noticed 

 the fact, that the Mechanics' Banic, and the Bank of 

 Augusta, were paying out their hills freely to pay for 

 our staple. Wo have now the pleasure of announcing 

 to our country friends, that all our banks have come 

 to a similar determination, and the planters may there- 

 fore confidently calculate on receiving a specie paying 

 currency for their crops. — Jug. Seniincl. [This re- 

 sult is entirely owing to the application of the " Ma- 

 con specific," or to refusing to receive any depre- 

 ciated bank notes, except at their real value. We 

 trust the same will be applied soon in Virginia, if the 

 legislature and the banks should maintain'Ionger the 

 existing fraudulent state of suspension and deprecia- 

 tion. In that case, "war to the knife" against the 

 banks should be the rule of action of every foe to the 

 fraudulent paper system.] 



Gen. Santa Ana has become the master of Mexi- 

 co, in the recent revolution. 



It is understood that the leaders of the Houston 

 party of Texas, now in power, are favorable to union 

 with this country — and that the measure will be 

 moved iu the next session of the Texan congress. 



J. B. Terry, the teller who robbed the Farmer's 

 Bank at Danville, has been tried and acquitted without 

 difficulty. We have not heard the grounds of acquit- 

 tal; but as the proof was positive of his abstracting 

 certain bank notes, we can only infer that the jury 

 must have decided that paper promises to paij are not 

 money — and that when these promises are notoriously 

 broken, and not intended to be lulfilled, that they are 

 worth nothing, and are nothing more than lies and eviden- 

 ces of Craud, sanctioned by the legislature of Virginia. 



J question for laicyers. The bardcs of Virsinia 

 have forfeited their charters more than once by re- 

 fusing to pay specie. Are any debts incurred to them 

 as corporations, while thus unchartered, recoverable 

 by law .^ 



The steam ship Great Western arrived at New 

 York on the 10th, bringing accounts from Bristol to 

 October 23. The Britannia, which started on the 

 2l9t., also arrived at Boston on the 7fh. 



in effect. 



"The movement in Philadelphia on the part of the 

 strong banks in favor of resumption, will no doubt be 

 successful, notwithstanding that dishonest prints, both 

 in this and that city, endeavor to discourage the mea- 

 sure." "The Philadelphia Banks have now been sus- 

 pended over two years, and exchange, that is the de- 

 preciation of their currency, is as high now as it was 

 in November, 1839. Will the sapient Courier inform 

 the public when, at this rate of improvement, ex- 

 clutngc will be at par?" — N. Y. Ilerahl 



[This question will apply as well to the banks of 

 Virginia as to those of Philadelphia. 



On Sunday night, about midnight, fire broke out in 

 a stable in Petersburg and consumed the First Pres- 

 byterian Church, PDVVell's Hotel, and several stables 

 and smaller buildings. About 30 horses perished. 

 The loss about .'if()O,OO0. The remote origin of the 

 fire supposed to be the drunkenness of a negro, and 

 the existence of numerous low tippling shops being 

 permitted. The certain cause of the progress of the 

 conflagration, is the refusal of the town to supply 

 water, which might be done for one filth of the cost 

 of this one fire — and for want of which easy supply 

 the town is always in danger from fire. 



The yellow fever has ceased at New Orleans. To 

 the last accounts, it was still ragng at Vicksburg. 



A light-house has been constructed entirely of iron,, 

 in England, to be carried (in pieces) and set up at 

 r^IiTan Point, Jamaica. 



The Seminoles are continuing to come in and sur- 

 rendiT in small parties, and the total cessation of the 

 war seems to be at last at hand. 



Specie to the amount of $150,000 was shipped on 

 the 9th inst. from New York, by the Patrick Henry, 

 for Liverpool. 



Friday^ Nov. 19, 1841. 



There is an increasing uneasiness in regard to the 

 bills of the western banks of New York. It is sup- 

 posed that many others will follow the Bank of Buffalo 

 into liquidation. 



The shocking state of affairs evinced by the report 

 of the Girard Bank has astonished even the foes of 

 that concern, and has much increased the anxiety in 

 relation to the other banks, [of Philadelphia,] many 

 of which will undoubtedly soon make assignments, no 



