The British Press; or, Morning Literary Advertiser.
London, England, 1826-08-17 00:00:00

UNITED STATES' PAPERS.

tFrom the Commercial Atlrertiser of July
TRA DES3IEN'S FUNK.
It was announced in the Morning Papers that Judge Edwards
I ad granted an injunction upon this institution, and the "panic"
was torseque-tly increased. Early In the forenoon the people
hold:ng the bills of this bank began to collect in front of the build-
'Pg. to demand payment, but the doers were closed. Chatham-
square was won thronged, and it was judged prudent for the Mayor
tu revisit to the spot. He did so, and addressed a few words to the
topulace, with a view of preventing any outrage, by allaying their
feelings. In this ire was successful ; and before twelve o'clock at
leas. one-half of the crowd had disperectl.
" TRADE' 'try's Balta.—The mysterious course which has
been pursued by the Officers and Directors of this bank has excited
reesitlerable suspicion. Whether any actual fraud has been corn-
..teri is unknown; but it is understood that fourteen of the late
arectors sold out all their stock which was hypothecated to the
bark. amounth,g to a large pmportion of the capital, at the rate of
2.1 per cent. advance, with the dividend on, when the market price
or' stock was then at about 10 per cent. Those gentlemen all gave
their proxies to Samuel Cox, the new Cashier, to vote on their stock
at the late election."
The following communication, in regard to the affairs of this
bark, and the injunction, has been handed to its by a number of
respectable and responsible gentlemen ; by which it will be seen
that the itounetion is a conditional one, and that the bank is be.
hexed to be perfectly solvent. Holders of notes, therefore, will
act wisely not to part with them at a loss. From all the statements
that Ire have heard (and we have this rr.orr.ing taken great pains to
inform ourselves), we fully believe that the means of the bank are
ample.
" It is also understood that 24 shares of the stock were trans.,
"tried to an equal number of Individuals, to make them eligible as
Directors, ten of whorl, together with eight of the Directors, who
sold out their stock, were elected as Directors for the ensuing year.
Thee circumitanccs becoming known to the publie, as well as some
very unaccountable proceedings which occurred at the election, ex-
t:ted the alarm of a great portion of the stockholders, who had ac-
tuallpaid for their stock, as well as those who held the notes of bank; t, et and so Saturday last, two of the banks in WalLatreet
to receive the notes of the Tradesmen's BAnk ; upon withlt,
;,fioet flue o'clock of the tame day, one of the anrekholdera and
t •tt ref its creditors procured a qualified injunction from Judge Ed-
t. ardo. lea. in.! the bank at liberty to pay all deposits, stet tu renew
a. yr notes which had been discounted, as well as to redeem their

believed that the bank is now solvent, though the Nati-
•ier t has state! that the bank could not continue to pay specie, If
',tett lolgtr than to-day at twelve.
Honer a:c entertained, that the timely remedy which has been
applied will rave the innocent stockholders, and credit of that hi-
therto Coarishing institution."

In coaser,uenCe. of the" panic," there is something of a '" push."
• e are told. upon all the hanks this morning for specie ; but really
reopte nail be under no apprehensions. It is believed that the old
aid •ell.rernlated institutions were never in a more sound and
r catchy state than at present.
We understand that the I)irecters of the Tradesmen's Bank hare
!stated a handbill this morniug, in which they advise the holders of
tlteir notes, ard stockholders, not to make a sanitize of either, as
they expect shortly to resume payment.
lit nett ea or IluanLT:S —The excitement occasioned by the
stoppage of the Bolted States' Lombard Association, and the
Franklin Manufacturiog Company, did not abate on Saturday,
lit was rather increased by the f.ilure of the Iludst.n Insurance
4 ornerany —although that event 1141* anticipated for souse days be.
tt.re. It is understood that the fate of the Geeen County Rank, at
Cltskill, was so closely Ifientified with the above-named institu.
that it is about to 'ki the bucket" in company. Several
of the lookers, in Wall-street, Tallad on Saturday, in consequence,
it is undergood, of their losses by those Companies.
(From the Boston Conrisr, July 115.1
Rio' ti cr.—We understand that within the last four-dais *ere
have metered a number of serious riots in Broad-street and its
%lenity. What the cause of these disturbances in the open day can
he. we know not, and we have wondered to ourselves, when told by
spectators of the scene that no police officers were on the ground,
obi they w:rr.. suffered. We perceive that the Mayor and Alder-
men have t 7'1.11 a reward for the apprehension of the rioters.
&e. Is let a little like locking a stable door, at a belie
,s stolen

.4,,

)3ntifilt VresiO.
ENGLISH OPERA HOtJSE. •
This Evening. TIII'itSDAT, August 17, will be performed the new
ti rand Serie-Comic Opera of
THE ORACLE; or, THE INTERRUPTED SACRIFICE.
The principal 110 raetrr. by Messrs. J. Bland, Perkins, J. 0. Atkins, H.
Sapio, and Thorne; 311.nes Piton. Hamilton, and Goward.
After which the Musical Farce of
A 3IATE RS AND ACTORS.
David Dulcet, Esq., ;NIL Pearman ; Mr. 0. P. Bustle, Mr. G. Pennon ;
Wing, Mr. Wrench; 1 'derberry. Mr. Bartley; Geoßry Muffincap, Ilr.
Keeley. bliss Jlary Hardaere, Miss Baden.

ROYAL GARDENS, VAUXHALL.
Under the especial Patronage of his Most Gracious Majesty.
The Proprietors respectfully announce, that the celebration of the
Birth-Day of his Royal Highness the Doke of York having OLD year Im.
inediately succeeded the magnificent Fete given in honour of his Majesty's
Birth-Day, and thereby prevented the usual repetition of the latter splen-
did Spectacle, a combination of the attractions of both GALAS will be
presented to the Public To-morrow Evening, FRIDAY, August 15,-when
the Royal Gardens will be most splendidly Illuminated by upwards of
13.000 extra Lampr, displayed In various Regal and Military Devices,
Trophies, &c.
The CONCERT will Intim& all the celebrated talent in the Metropolis,
viz. Miss Travis, Miss Helme. and Bliss Love; Mr. Brehm, Mr. Sinclair,
and Signor De Begins; Mr. Taylor, Mr. Ilorncastle, Mr. Robinson, Mr.
'Pinney, and Master Barker. Leader of the Band, Signor Spagnoletti.
Conductor, Mr. Bishop.
The beautiful Moonlight Scene of the Ruins of an Italian Abbey, pro-
duced by the celebrated Mr. Stanfield, of the Theatre Royal, Drury-lane,
will be again exhibited.
The Cambia Yeduta, a series of changeable Views, by Mr. Cooke, with
the light and shade effect of the Diorama.
Mr. WILSON, on the EIGHT ROPE, will exhibit his surprising Evo-
lotions in a complete Change of Performances, amongst which an entire
novelty, called "The Carnival of Venice, or a Masquerade on Two TlFht
Ropes," by Mr. Wilson, assisted by the Young American, Introducing
Punchinello and Family, with Comic Dancing, &c.
On this Evening, for the third time, will be performed the new Ballet,
entitled IL CORONAMF.NTE DELLA ROZIERE,
Composed by Mons. B. Vestris ; the Music by Mr. G. H. Rodwell ; the
Scenery by Mr. Thorne. Principal Dancers :—Madame Pauline Hostig-
nol and Monsieur B. Veitrid ; Mesdames Colson, Adelaide, and Bianca ;
Monsletar Sullivan, and the Two Ridgway*, who will Dance an entirely
new Grotesque Pas de Dens.
During the Evening, Mr. BLACKMORE will exhibit his usual Evolu.
lions on the SLACK ROPE.
A Military Band will play at intervals, during the Evening, in the
Orchestra.
The whole to conclude with a magnificent Display of FIRE-WORKS,
by the Chevalier Suotitby.
In the last Grand Piece the YOUNG AMERICAN will make his
TERRIFIC ASCENT to the Moorish Tower, and Descend amidst
Volumes of Fire.

.....
liooe4 open at Seven o.Clock.—Concert begins at Half-past Eight.—
Achnim 4011 44. . .

Additional Police are engaged ; and the Public are requested to order
their Servants to attend to tSe instruction.' respecting Carriages.
Orders will not be admitted, and the Free List god Complimentary
Card, will be savendeil on this Evening.

The BRITISH PIC es commenced publisisiag yesterday
Dimming at fi•,e o'clock.

LONDON, THURSDAY, AuGuft 17, 1626.

We have received the Etude of Tuesday, with the Paris
Morning Papers in due course, from which it appears that
an insurrection has arisen in the Portuguese army, and, al-
though at present confined to a single regiment, it is ins-
po3sible to judge to what results it may eventually lead,
left, as we are, in the dark, as to the causes in which it ori-
ginated. From a report addressed by the General Don
CORREA DE Msr.r.o, the Military Governor of Tras-os-
Montcs, to the Minister at War, it appears that the 2lth
regiment of the line has mutinied, arrested its officers, and
openly rebelled against the authority of the KIXG, on the
night of the 26th of July, placing at their head the Vis-
count de Mosl. s ActoßE. The 12th regiment of cavalry
retired under the fire of the 2 ttli, which latter, finding itself
unsupported, marched to Gimonde, and from thence to-
wards Penella, having previously arrested the Bishop of
BRAGANZA and the Governor of that town, for having re-
fused to head the insurrection. By the latest accounts,
General MELLo has countermanded the orders which had
been given to the Viscount de SANTA MART/la to proceed
to his aid with the 3d and 21st regiments of infantry, from
which it may perhaps be inferred that he has succeeded in
quelling the disturbance. The following are extracts ;•-•
IF tom the Etoik, dated Tuesday, Aug. Ls.)

PARIS, AUG. 14.
We have received news from Lisbon, dated August 6.

The military Governor of MIS. osOlontes, D. Correa de Mellos
issued, on the 22d July, the following Proclamation from his head-
quarters at Chaves :
" Inhabitants of Chaves, valiant and obedient soldiers of the
garrison of this place!—At the same time that perfidious men, dis.
turburs of good order, dare to form associations in manifest oppo-
sition to the sovereign orders of the King, I must hasten to inform
you that several of the chiefs of those criminal associations were ar-
rested last night, and deprived of power to disturb the public tray,
quillity. Mt-nausea have been taken that such illegal attempts may
not be repeated. The authors of the disorder have been seized with
such promptness and secrecy, that you could nut hear of it till after
their arrest.

" These happy results are due, Soldiers, to your firmness, to
your obedience to your superiors, and the fidelity which has always
distinguished you. I shall constantly depend on you to execute
the important mission which his most Faithful Majesty has in.
trusted to me."

The same General Correa de Mello addressed on the 29th July
the following report to the Minister of War :

"Mostexc.client Sir !

" The 24th regiment of the line has hal the audacity to arrest
all its superior officers, and openly to rebel against the orders of
the King, our master, in the night of the Nth inst.
" I have at least the satisfaction of Informing your Excellency,
that the 12th regiment of cavalry retired under the lire of the
above-mentioned regiment. I shall hasten to march against the
rebels with the faithful troops that remain in this province. Mean-
time it seems to me that it would be very advisable that your Ex-
cellency should speedily despatch a corps of troops towards this
frontier, and send me an officer to acquaint, me with its march, in
order to give suitable orders."

The Viscount of Santa Martha writes from the head-quarter,
at Braga, that he has ordered the 34 and 21st regiments of infantry
to march to Chaves, to support General Mello.
According to a second report of the General, dated from Chaves,
the 2flth, nut a single horseman of the 12th re invent had joined
the rebels, and many officers of the 24th would not take part in
their plans. Seeing themselves insulated, they took the road to
Gimonde.
The Viscount de Monte Alegre is st the head of the rebels.
General Correa was preparing to set out.
A subsequent despatch of the Viscount de Santa Martha, dated
31st July, states that the rebels had marched from G;mondc, to-
wards Penella, and that they hod previously arrested the Dish, p of
Braganza, and the Governor of that town, because they refused to
second the insurrection. General Mello, after ordceing the Via.

THE BRITISH PRESS.

wont de Santa Martha to come to his aid with the 3d and 21st
raiment' of infantry, has sent him word to suspend his march.
-Tranquillity had not been disturbed at Braga.
Om the Ist of this month, at five in the afternoon, the regiments
of infantry,
cavalry, and artillery, forming the garrisons of Lisbon
and Belem, were assembled in the Rocio anti the Terreiro de Poco.
Her Royal Highness the Princess Regent rumoured the parade
with her presence. After the troops had tiled off; the city Was

The Princess Regent, accompanied by her two august sisters,
went to the theatre of St. Charles. The portrait of the King was
exhibited, and pieces of poetry in his praise were recited amidst
general applause.

On the 2d, at one o'clock, there was a grand drawing.roonl, and
general kissing of hand., at Court.
At six, her Roral Highness the Princess Regent went to the
Cathedral, where a solemn n De., was performed. The Cartli•
nal Patriarch officiated.

The public rejoicings continued through the night.
The following is the list of the new Ministry, as published In the
official (..site of tho 3d :
The Interior—Francisco 31anuel de Angulo Morato.
Foreign Affairs—Francisco de Almeida Portugal.
Ecclesiastical Affairs and Justice—Pedro de Mello Bremer.
Finance—Subral Remaly).

War—Joau Carlos de Saldanha de Oliveira e
Marine and Colonies.-Ignseio de Costa Quintellat
A letter from Napoli di Romania, of July 3, announces dot's
corvette of 36 guns, as wAI as two steam-boats, belonging to Lord
Cochrane's squadron, had just arrived there; was said that
those vessels wets to proceed to Coign, kvhichlwas*e rendezvous
for all the ships of tbe squadron. If this news is qq tried,it air
be imagined that tbe Admiral's first attack will bis Aim Egyptian
•1
division stationed at Navarino.

The journals which buried Grenada now tell us that some stones
of the Alhambra have become loose. On the other Mimi, they
made the Spanish Sanitary Cordon march to the frontiers of PortM.
gal. They again raise an insurrection in Cstremadura and Gallicia,
and set up the stone of the Constitution in these two provinces.
Numerous expresses are received at the Foreign Office; three
arrived yesterday, according to the Courier Francais.
At Johannisberg, M. de Metternich is going to adopt measures
against the congregations which are affiliated to those at Paris.

-
We have received files of American l'apera'to the 20th
of July, from which we extract the following paragraphs:
Letters from La Gusayra to June 17 were received on Friday, via
St. Thomas. They state that affairs umained quiet ; that Gene.
ral Paez was making exertions to strengthen himself, and that ha
had levied a tax of 641,000 dollars per mouth on the cities of Cara-

cos and La Gum ra.
A gentleman who came passenger in the ship New England,
which arrived at this port on Sunday, from Calcutta, has CCIIMuni.
cated the following information.—Nat. Gaz.
" The steam-boat Enterprise passed the ship New England,
from Calcutta, off sangur Island, at the entrance of the river
Mouldy, on the 4th of March, and reported to us that the British
army had reached Ava, the capital of the Burmese kingdom; and
that Sir A. Campbell had sent in word to the king, that unless the
terms contained in the treaty previously concluded with his generals
were acceded to within twenty-four hours, he would destroy the
city. It was presumed that this would produce a termination of
the war."
Executive Department, Richmond, Virginia, July 10, 1826.
IY COUNCIL, FOUR O'CLOCK, 1..)L
This Department having been this moment upprized of the death
of another of the few remaining Patriots to whose courage and de-
votion our country is indebted for her independence and happiness,
John Adams the elder; and that, like our vnaratcd Jerffcraon, he
died on the dth of July, breathing his thanks to the God of Na-
tions, that he had lived to the Fit, led' .`,itimivery of the day on
which his country assumed her sta:ion amongst the nations of the
earth—we think that whatever of par), feeling may possibly re.
main amongst us should be extinguklivil at the graves of men to
whom human nature at large, sod Cu: country in particular, owe
such heavy obligations. We therefore edvise that, as a proof of our
grateful respect for this venerable man and Patriot, the bell shall
be tolled from this hour until sunset, and minute guns tired for
one hour. A copy—Teste
% If. RICHARDSON, Clerk Council of State."
NEW YORK, JULY 13.
The funeral ceremonies in honour cf. the late Patriots Adams,
and Jefferson took place yesterday, agreeably to the arrangements
published. The day was extremely hot, yet the proceseion was
most respectable, and the whole scene was solemn and impressive.
The address of the Rev. Mr. Rowan is highly spoken of. The busi-
ness of the city was generally suspentiptl during the day, and none
of the evening papers were published..;
Mr. Adams died with his impressions lively to the last hour of
life. About ten days previously to the Jubilee the Committee of
Arrangements in Quincy addressed a note to him, requesting his
company on the occasion. An answer was sent in writing; and
he replied, besides, to the Committee, " I shell out be present in
body, but in spirit I shall be with youf Theitimutture to the
answer is the last he ever wrote, and s,,sititt to be dearer from
blemishes than any he has made for revei ..ysers. On the follow-
ing Saturday he rode in a coach for a short distance. On the morn-
ing of the jubilee he awoke at the ringing of the bells and the
firing of cannon. The servant who watched with him said, Do
you know, Sir, what day It is ? " 0 yes," he replied, "it is the
glorious 4th of July—God bless it—God bless you all." In the
forenoon, the orator of the day, 31r. Whitney, called to see him,
with a clergyman. They found him seated in a large arin.chait ; and
Mr. Vi'hitaey, in the course of the interview, asked him fora semi-
ment to be delivered at table in the afternoon. Ile said, " I will
give you Independence for ever." After R few moments had elapsed,
a lady present asked him if lie wished to add anything to the toast ;
and he said, "Not a syllable." This was delivered within an hour
of his dissolution, in the evening. Late in the afternoon be up-
panel to be a little uneasy, and he requested to be turned in his
bed, which was done. After which time he gradually sunk away,
and his spirit departed with the setting sun.—Boitort 614C:0z.
The crowd in Chatham-square is immense, and the press upon
the bank great. The outer doors are open, but the inner doors
shut. We understand that such has been the alarm, that the bank
dares not commence paying their bills with less 21)0,000 dollars;
but that in consequence of the panic, although they have 750,000
dollars of unquestionable paper, they cannot at the present moment
raise the necessary sum.
The Directors of the Tradesman Batik at New York have pub-
lished an advertisement, in which they declare that all claims
against that institution are perfectly secure; and give the following
statement of the cause of an injunction having been granted :
" The complainants, at whose suit this extraordinary writ is is-
sued, are Gideon Lee and Shepherd Knapp ; they have sworn dust
the bank is indebted to them, for money lied and received, which
debt is in jeopardy. That one is a stockholder in the bank to a
large amount, and is appi ehensiva that the value of the stock will
be destroyed, or much lessened, if the bank is permitted to proceed
in its operations.
"'The Directors feel it their duty to state to the public, that the
amount due to the said Gideon Lee and Shepherd Knapp, and
what gives them much uneasiness, is forty.seven dollars and nine
cents. These gentlemen have certainly no grounds to complain of
facilities from the bank. At one time they had discounts to the
amount of sixty-nine thousand dollars, and at this moment owe the
bank in notes discounted to the amount of twenty-three thousand
dollars, independent of which, the bank holds their names fur about
ten thousand dollars as payers.
",lt is true, Me. Shepherd Knapp is the holder of 220 shares,
on acconnt of which the bank has never received one cent.

" The shove are the facts in relation to the transactions of Gi-
deon Lee and Shepherd Knapp, and the public will judge whether
fear of loss, or revenge for sonic supposed injuries, is the cause of
their outrageous proceeding's."
This Is quite a plausible story, only the Directors ought to tell
how hank stock is acquired without beitig paid for.
On the other hand, however, bitten stockholders have signed a
paper entirely approving of the con,:,:et of 3les,rs. Lee and Knapp,
and stating that the injunction was not the cause of closing the
bank, thou4ll it has been used us it pretext for that purpose.
[Froln the Now York Commercial Adrertirr, July 10.1

AiIiNEY AFFAlRs.—Tlicre was another explosion at or -about
twelve o'clock to-day, and one which threatens tearful ravages, as
it is supposed to be a very heavy one. We mean the stoppage of
the Life and Fire Insurance Company. There is a great crowd in
W'all and William-streets, and reports are as usual very contradic-
tory. Some allege that it is an absolute and heavy failure, while
others assert that it in only a "suspension" of payment, in conse-
quence of the inability of the Company to raise a large amount of
money which was wanted, on their metal:lea.
[From the National lutelligencer.l
POSTHUMOUS lIONOIIRS.

Each successive mail horn every point of the country furnishes
evidences of the strong sensibility with which the people receive the
news of the late remarkable dispensation of Providence. Every
where the people spontaneously assemble to give utterance to their
feelings, and to the profound ben timerts of respect with which they
cherish the memory of the two Fathers of the Republic who have
just sunk into the tomb. The Supreme Authorities of the States,
municipal bodies, literary and scientific associations, mechanical
societies—in whatever form or number citizens are organized—they
meet to pour forth their gratitude, their veneration, and their re-
grets on this signal munifestation of the will of (leaven. This
voluntary and universal homage of virtue, wisdom, and public
usefulness, is exhibited only in free Ainfrica ; it is our of those
incidents which springs out of our peculiar political institutions,
and cannot easily occur under the ancieut and despotic forms of
Government.
It is not in our power to notice, in detail, all the testimonies of re-
spect which are universally rendered wheresoever the tidings have
reached; we can only mention the proceedings in prominent places,
or where they exhibit remarkable incidents. Amongst these, we
have already. atlvetted to those at Richmond, on hearing of the
death of rile. Jefferson. In pursuance of the preliminary arrange.
menus, a public Eulogy was pronounced on the deceased by the
Governor of the Commonwealth, on Tuesday last. At ten o'clock,

all 'he State, Federal, and City authorities, and the private citizens, P
moved in processsion, four deep, from the Court Ilouse, about •
mile from the capital to chi capital square. In the presence of this
multitude, and of hundreds of ladies, beneath nn immense canopy,
surrounding the Lafayette Arch, Governor Tyler delivered his
brilliant and impressive oration.
JEITEIISOX En st D.—We learn that Mr. Jefferson, a few days
before his late illness, was pressed for an immediate sum of money,
notice of which was received in New York. It gives us no Arai.
nary pleasure to state, that the Committee of the Jefferson Fund
immediately placed 7,000 dollars at the disposal of Mr. Jefferson ;
which fact was alluded to by his grandson, in a letter received by
the Committee, expressive of the moat grateful feelings; and the
receipt of that sum may have calmed the last moments of the
venerable patriot. We bnt reiterate the public voice in suggesting
that the balance of the Jefferson fund, throughout the Union, be
placed at the disposal of his beloved and affectionate child, Mrs.
Randolph,twhich we believe will be sufficient to purchase the Mon-
ticello estates—New York guanircr.
GEORGIA AND TILT. CIIEIIOKEES.—The tripartite controversy
between (or rather among) the Government of the United States,
that of Georgia. and the Creek Indians, if it is not drawing rapidly
to a close, has lost much of its interest, in being divested of the
character of violence which it once possessed. But the late mails
hare brought us information of an incident which we are fearful
may prove the first scene of a new drama, that opens seriously
enough, and to our readers generally, we suppose, suddenly, hut
not altogether surprisingly to us : for we have foreseen that, at
kome time or other, the question would arise which has already
presented itself, and the prescience of which, we believe, had no
small agency in exaggerating, on the part of Georgia, the magni-
tude of the affair with the Creeks.
Subjoined to these remarks will be found an extract of a letter
from the (;ivil Engineer of the State of Georgia, to the Governor
of that State, stating the interruption by the Indian nation, of his
topographical survey of the Cherokee Territory within that State.
On receiving information of this fact, so serious was it deemed, the
Governor of the State of Georgia directed several companies of
cavalry to hold themselves in readiness to march for the protection
of the engineers ; and " it is understood," says one of the Georgian
papers," that the Baldwin troop will proceed immediately on this
service.'4.
.M'e trust that the Baldwin troop has not marched on any such
service; fur, if it has, though the Cherokees may yield to mere
force, they may not, and blood may be shed between the citizens
of Georgia and these Indiana—which reason and humanity alike
forbid ! _ _

These Indians are the most civilized of any on our continent.
They are to a certain degree educated ; they have a gov,roitient
upon the Representative principle. They have had such connec-
tion with the Whites, that they are almost as much Whites as In.
dians. They have more nearly realized the theory of Benjami❑
Franklin and Wm. If. Crawford, of an amalgamation with the
Whites, ditto any other portion of the aboriginal stock. The property
they hold is held by a peculiar tenure. If not by that of sove-
reignty, it bas been recognized hitherto as their title, and, until it
is abrogated by the act of our deliberative assemblies, a resort to
anything like force against their claim Is exceedingly to be depre-
cated. . .

Saying thus much for the rights of the Indians, and their claims
011 our forbearance, not to say justice, we add, they have acted un.
wisely, in opposing the survey of the waters within their limit ; and
the best thing they can do, in the opinion of their friends, is to re-
voke their injudicious determination to oppose a survey, which, if
it result beneficially, will be as beneficial at least to them, who own
the soil, as to the people of Georgia. The Cherokee', looking to
their true interest, ought not to be the srat to wake up a question,
which, we apprehend, will, at sonic time or other, be agitated as
to their title to hold their land, whenever dhir white neighbours
want it. We trust that Dicks will think better of what he is doing,
and use his influence to control the indiscreet counsellors of his
nation, %he are for setting to the whites an example of incivility.
THE FULTON BANK.—The run upon this Institution yester-
day, was " prodigious," but every thing was promptly met, and
to-day all is quiet. We passed the bank since 12 o'clock, and
there was nobody at the doors.
THE FRANKLIN BANK.—There are so many companies bear-
ing the most excellent name of Franklin, such as the Franklin
Bank of Jersey, the Franklin Manias turing Company, and the
Franklin Company, that the old Franklin Bank, in Franklin.
square, was assaulted by mistake. Yesterday, when the crowd left
the Tradesmen's Bank, the Franklin being next on the way, the
surrounded it—but the crowd was composed of persons, not one Br
ten of whom had a dollar of the paper of that hulk. 110w-
ever, an alarm spread, and before the bank closed, some-
thing like twenty.fire thousand dollars had been drawn out
in specie. But the friends of the bank TANI, made their deposits
in specie, and when the doors cloned there was actually many thou-
sands more of specie than when the ran commenced. %I his morn-
ing it was renewed for a time, but when the holders of bills came
in, they found such lots of specie upon the counters, and boxes
opening, that most of them, after the first hour, returned, and pre-
ferred keening the paper. At twelve o'clock diere were no persons
there, and the extra clerks were standing idle. It was quite
amusing to sit and watch the holders of bills—to see their long
frightened visages, as they came in, relax into a smile as they looked
upon the piles of specie, pocketed their bills again, and marched
out. So much for our rambles among the banks and brokers
to-day
JERSEY Dage.—The Directors of this institution have just
published an exposition. They attribute their faikre to three heavy
runs, the calamities of the times, and the impossibility of collect-
ing their debts. They all assert that the circulation when the"
failed was less than for a year previous. From the first to the I;ith
of October next, they promise to pay 26 per cent. on all issues, in-
cluding the bills made payable at the Ontario Bank. This will
take place at the banking house in Jersey city. They also state
that in their opinion they will be able to pay off monthly 20 per
cent. upon the residue, until the whole cntulation is cancelled.
The brokers will make work out of it.—Snoreden's Advocate.
ISLANDS IN THE PACIFIC.
United States ship Peacock, Callao Roads, March 13. 1826.
SlT,—The enclosed memorandum fixes to a degree of certainty
the latitude and longitude of certain islands in the Pacific Ocean,
which, if before discovered, are not generally known or laid down
oa the charts in general use. Deeming. this information important
to navigators generally, but more particularly to out enterprizing
countrymen engaged in the South Sea whale fishery, it is submitted
for year further disposal.
1 have the honour to be, &c. &e.
THOS. AP CATESIST JoNns, Captain.

, .
Hon. S. L. Southard, Secretary of the Navy.
Malden Island, S. West Point 3 deg. Lni min. south longitude,
155 deg. 0 min. by five chronometers, determined by Capt. Lord
Byron, in the British frigate Blonde, and not being laid down on
any of the charts in the ship, was presumed to be a new discovery.
Starbrick Island, lat. b deg. MA see. south longitude, 155 deg.
58 min. \Vest, had been seen before, but its positton now certain.
Monte bland, lat. 20 deg. 8 min. 41 sec. South longitude, 157
deg. 18 min West. Captain Worth. of a Nantucket ship, disco-
vered, on the 21th March, 1824, an Liland. on his passage from
New Albion to Valparaiso, in lat. 23 deg. 57 min. South long.
131 deg. 5 min. West. It is a sandy, low inland, covered with
trees, with a dangerous reef extending sto 7 miles from it. He
called it Deno.

FROM INDIA.—The ship Emerald, at Boston, sailed from Cal-
cutta on the 20th of February. It is learnt by her that the armis-
tice concluded by the Burmese with the English was a mere sham
on the part of the former, to recruit and gain fresh strength ; that
the war was prosecuted at the latest dates from the scene of action,
at the time of the departure of the Emerald, although the British
forces had gained ►ome advantages over the Burmese.

A contemporary print has published a statement of the
Joint-stock Companies projected since January, 1824.
Without pledging ourselves to itsaccuracy, we insert part of
it this morning, as a document of some curiosity. The
remainder shall appear to-morrow.

All the advices from the manufacturing districts state the
gratifying fact, that a gradual improvement is taking place
in the condition of the operatives, in consequence of orders
coming in now more freely for manufactured goods than
they have done for several months. The harvest his pro-
bably had a considerable effect (particularly in Scotland)
in the relief of dis:ress; and therefore it is by no means
improbable that, when the wages earned at harvest work
cease, an increase of distress may be the result. We
mention this, not in the way of despondency, but, as far as
our influence goes, to prevent it; for, whatever may be anti-
cipated by speculators and enthusiasts, we do not expect, or
even wish, that this great crisis of commercial difficultyabould
pass over like a summer cloud, and be no more thought of
until we are overtaken by a similar occurrence. The Lir-
cumatancts of the country arc peculiarly adapted to the
improvement of our commercial system ; and we are anxi-
ous that the two extremes, excitement and despondency,
should be avoided, as they are both equally destructive of
a steady course of action, and have a tendency to interfere
with the most beneficial arrangements. A Meeting of the
county of Ayr took place on the 10th instant, to consider
of the state of the country, when, amongst other Resolu-
tions, the following were passed:—
" 3. That the meeting learn, twith much satisfaction, that the
immediate pressure of distress has been considerably relieved by
employment at harvest-work ; and they take this occasion of
strongly recommending to the gentlemen and farmers of Ayrshire
to give as much employment as possible of that kind to the opera-
tive manufacturers belonging to the county.
" 5. That the Committee should, after making the above inves-
tigation'', consider whether or not it might be expedient, at some
future period, to call another General Meeting of the County; and,
in
i the mean time, that they should consider how far it may be pro-
I per to request of the Lord Lkuteuant to lay before his 311jesty's

#` .

Government a statement of the circumstances of the County ;
is
particular, with the view of obtaining assistance or accommodation
from Government towards the carrying on of useful public on,k,,
such as the great Road from Glasgow to Portpatrick, the proposed
Railway from Johnston-bridge to the harbour of Ardrossan, atd
the Road, lately surveyed, from Glasgow by liagleehun
and
Newmilns to the county of I)urofries. And that this meeting no
also authorize the Committee to co-operate with the Committees of
other counties appointed for the furtherance of the above public
works."

We hope that the operative manufacturers, for vdm,,e
labour there is no demand, will not only be employw in
harvest work, but permanently in agricultural pursui'a—il
the cultivation of waste lands, for instance—and that the
improvement of the system will meet with a degree of at.
tention that it has as yet never experienced. The naTeN,
given to agriculture by an enterprising spirit, eimilar to
that which marks the conduct of our merchants and mg,
nufacturers, would do more for it titan all the statutes
that ever were passed for its nominal protection. Thig
improvement in our agricultural system would necessarni
II lead to an increased demand fur labourers; which would
relieve the number of the unemployed by causing opera.
lives to be engaged in the most legitimate of all pursliir,,
the increase of subsistence for a superabundant population.
It seems, by the last Resolution that we have ,I;lot(d, that
our northern countrymen understand political
somewhat More accurately than our evening conttioi.,:ratv,
who proposed modern pyramids, and a new tower of gab "1
for the purpose of giving work to the unemployed. The
gentlemen of the county of Ayr prefer making a raiival
from Johnston-bridge to the harbour of Ardrossan, ard a
great:road from Glasgow] to Portpatrick, to erecting ii)ta.
mids or a tower of Babel.

Recognising, as we do, the Aristocracy as an menial
and:fundamental part of the English Constitution, in ae,
cordance with the maxim of monarchy, " No monarch,no
nobility; no nobility, no monarch," it is not unimportant to
observe the conduct of the members of that privileged
class, as it may indicate either a tendency to au unduesub.
serviency to the Throne, or an equally dangerous inclines
Lion towards the demccratic portion of the State. What.
ever maylbe saidias to the adequacy or inadequacy of the
Representative System, (of which, although we have an
opinion, it is not necessary at this time to express it,) of this
we are quite satisfied, that the people of England posses'
at this moment as great a power as is consistent either with
the principles of the Constitution or the welfare of
the Empire. The moral power that is exercised over
every department by the influence of public opinion and
the press, the strength of which is constantly accelerating
by the gradual progress of knowledge, is more than sad&
cient to compensate for any defectiveness in the mode by
which the House of Commons is constituted; and is by
its growing tendency calculated to destroy the equilibrium
essential to be maintained between the three estates
of which the Constitution consists. If this be so—and
if, as we unfeignedly believe it is, the existence of a nobi-
lity is indispensable to the preservation of that pre-eminent
and unique form of Government which is established in
this country—then it becomes no less the interest of the
people than the duty of the Aristocracy that the latter
should uphold that distinctness of character which is as-
signed to them by the laws. Whenever English Nobleman
shall become merchants and petty traders, dabblers in the
funds, and the associates of public peculators, it will then
require no gift of prophecy to foretel the early extinction
of their body. The Aristocracy have already been taunted
by the Whig leaders of being but little, if any, in advance
of the people in knowledge and intellectual attainmen a;
they have been told that the march of mind was
not to be impeded, and that the Democrats would
soon tread upon the heels of Loris and Dukes. This at
least indicates what is the qv() anintu of those persons; but
while the proud Peerage of Britain continue to perform
those important functions which their high station devolves
upon them—and while they patronize the arts and sciences
in their practical application to the benefit of the State,
without mixing themselves up with mere adventurers, that
have no other than pecuniary gain for their object—we shall
never be alarmed at the mathematical calculations of a
journeyman weaver, or the classical erudition of an
attorney's clerk. In writing thus, we arc not insensible
to the great stimulus which the sanction of noble names
gives to any enterprise, whether of a commercial or of a
general character. Indeed, it is this very power which the
countenance they give to any undertaking possesses that
makes us doubly anxious not to see their natrus connected
with unholy things; for, no sooner does that happen than
the moral and just influence of rank and authority is lost,
and a moat hum.liating familiarity is assumed. We could
quote examples ; but we forbear, in the hope that these re.
ranks will not be altogether useless.

CITY, WEDNZSDAY EVEN/110.

The/British Funds have remained in an idle state dur-
ing the day ; Consols opened at 78b and attained a quota.
lion of 78t, at which price they eventually closed for mo-
ney, and for the Account at 780, showing a difftrence of
only an eighth between money and time. Exchequer Bills
and India Bonds show an improvement of one shilling
each, the former being at 15s. and the latter at 235. pre-

mium.

In the Foreign Market there has been a good deal of
business done in Mexican Stock, as well as in Colombian.
The advices received from the former place by those in-
terested in the advance of these Bonds are said to be of a
nature to inspire confidence, while the depressionists assert
that although the money may be shipped for the payment
of the October dividends, yet that the British Agents, or
late Agents of the Government, have a demand to be
satisfied out of the shipments in question, on account
of their having advanced the amount of the former di-
vidends. The balance of truth, as regards these contra-
dictory statements, time will determine. Mexican Bouds
at the opening this morning went down to 43, but at
the close of the day had regained the quotation of 441 43.
The letters from Bogota do not attach much consequence
to the operations of General PAEZ in Venezuela, inas-
much as no steps were taken at the time of their date ('29th
May) to counteract them. These letters repeat the infor-
mation of the great exertions making by the Government
to regain their credit with England, but are wholly barren
of information in other respects. It appears that credit
was given to these representations, for Colombian Bonds
advanced to 3111 S. Spanish Bonds opened at 10, and
gradually advanced to 10i, at which price an eminent and
highly respectable house purchased 10,000/. for money and
15,000!. for the Account ; at the close of the Market, they
had, however, receded to 101. It is understood by letters
from Rio, that Lord PON 80 NCV had arrived out, but that
at the time of their departure he had not succeeded in the
object of his mission, which was for the purpose of
conciliating a better understanding between the Govern-
ments of Brazil and Buenos Ayres. The same letters state
the facts of North American ships having forced the
blockade, and discharged their cargoes, while English
ships had been compelled, by respecting it, to return
without breaking bulk. It appears that the state of Ex-
change at Buenos Ayres was exposed to great fluctuation,
being from 48 to 50.
In Shares there has been little doing except in Brazilian,
which have regained 17s. premium.
The Colonial Market goes on progressively improvin7 in
IVest India produce; both for Rums, Sugar, and Coffee,
to-day there has been an increased demand at improving
prices; and the Refining Trade, which was at a very low
ebb in this country, is fast reviving. East Indian produce
also shows a still greater demand ; Spices and Indigo are
in high request at advanced prices : the increased sale of the
latter commodity is highly indicative of a better state of
things, as regards manufactures.
The Corn Market shows a fair demand for best Wheat
at last pricer, while Barley is is. dearer. In Beans and
Pease there is no alteration. There have been some con-
siderable sales of bonded Oats in the course of the Mad,

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