The Sun.
London, England, 1841-12-17 00:00:00

thanks for the honor done to the city and to himself.
lie closed with the following:—" Great Britain and tin
United States7—their Peaceful Relations—Honor and
Justice can maintain them." " The British Constitu-
tion—the Corner Stone of the World's Freedom.'
"The Reverend Clergy, and their faitful Representative
at this festival—Dr. Wainwright."
Dr. WAINWRIGHT replied to this toast. He spoke of
the great indebtedness America was under to England
for the sacred volume. _ _

" The Floating Bulwarks of Groat Britain and the
United States."

Captain Perry responded to this toast, and offered a
suitable toast in reply. " Our Native Land." " Woman
—The last and fairest of God's creation ; the first and
enduring object of man's affectiOn." " The Rose—the
Thistle—the Shamrock, and the Leek—the worthy re-
presentative of the Charitable Societies, our welcome
guests.''

Mr. Edwards, President of the St. George's ; Mr.
Irving, President of St. Andrew's ; Mr. Rubin, Vice-
President of St. Patrick's, and Mr. Alden, of St. David's,
re&ponded to this toast.

. .
Siany toasts and sentiments were offered, but time
does not permit us to give them.
The dinner at the City Hotel has never been surpassed
in our city, and the proprietors of the City I lotel acquit-
ted themselves wonderfully well in all their . arrange-
ments, as did those who, had the more immediate charge
in the arrangements. The decorations were under the
direction of the Messrs. Platt. The Committee of ar-
rangements performed their part of the service to
admiration.

MURDER OF PROFESSOR DAVIS, OF THE
UNIVERSITY OF VIRGIN.
(From the Boston Daily Advertiser of the Ist inst.)
As the murder of Professor Davis has been justly a
subject of much excitement, and as the dastardly wretch
who imbrued his vagabond hands in the pure blood of a
man that was an ornament to the State and country,
seems to have taken measures to cheat the hangman of
his righteous dues, I will occupy a corner of my letter
with a brief statement of the facts of that infernal trans
action, as I have learned them on the spot; not that I de•
light in narratives of blood 'more than yourself, whose
aversion to such tales, when told merely to glut a mor-
bid taste, I have had frequent occasion to observe ; but
lest you, as I did till rightly informed, should labour un-
der the error that this was one of those characteristic
transactions of the empire of King Mob, whose. behests.
are unscrupulously executed by Judge Lynch.
On the evening of the 12th of November, 1840, a dis-
turbance was heard on the lawn between the buildings
of the University, which was supposed to proceed from
some students .endeavouring to kick up a row in the ce-
lebration of the anniversary of a college rebellion. The
noise continuing, Professor Davis stepped out from the
doorsof his house to the scene of the disturbance nn the
lawn ; there he found but two petsons ; he went up to
one of them who was masked, and desirous to learn
who it was, made a movement forcibly to remove the
mask from the face of the rowdy ; who instantly drew a
pistol and shot Professor Davis. . The ball entered below
the stomach, rebounded from the spine, and dreadfully
wounded him internally. The murderer instantly es-
caped. Whether Professor Davis had identified his
murderer, has never appeared. He lingered a day and
a half, but avoided saying anything that should implicate
any one in his murder.
From this cimimstance and the fact that there were
no witnesses but those whose comfort inclined them to
keep dark, no clue could be got to the author of the
hellish deed for some days. The students, to whom the
Professor was just'y endeared, organised themselves into
a committee of vigilance, and not thinking it pos-
sible that the deed could have any connection with
-the College rebolliemi- but "that it must • haves been-
committed by some stranger who had intruded into
the grounds of the University, they scoured the
woods, placed sentinels upon every road and path,
made inquiries respecting every individual who had
appeared in the vicinity upon whom a shadow of
suspicion could light, and in short took, with caution
and energy, all' those measures with which the
history of time in our own meridian has rendered
us familiar. Meantime the Faculty of the College,
though deeply grieved. and excited by th. 3 event, re-
sumed comparatively passive, merely lending their aid
and counsel when sought by the students, and trusting
that from the spirit displayed by the students, the in-
vestigation was in good hands. So effectually did . the
students arrange the net-work of their vigilance that
from their thoughts going abroad after dark revenge-
inspiring assassins, they presently reached the astound-
ing conclusion that the murderer was among them-
selves, and eventually fixed upon -the individual.
Semmes was arrested and' lodged in gaol; for
a time his employments there were recreation
with his friends and efforts to "correct" public sen-
timent, or rather to create a public opinion that should
take him out of the hands of justice. So far was he suc-
cessful in sonic quarters, that by the aid of convenient
fits of ill health, his trial 'a as deferred and deferred, till
a few months since he was let go on $25,000 bail. On
the 11th of the present month his trial was to come on
at Charlottesville, but. lo and behold, he was not forth-
coming. I was in Charlottesville that day, and the talk
was then, that the poor inoffensive thing was in a poorly
way, and would not live a week, and an application
would be made to the General Court to remit his bail.

We subjoin the money article of the New York
American, prepared for the sailing of the packet,
and which consains the particulars of the Ame-

lean commercial transactions to the end of No-

venibcr

" Since the sailing of the Great Wes!ern money has
become inore scarce, particularly among the stock ope-
rators. The loans being generally called in, large
amounts of State stocks have been forced on the market,
and sold at much .lower rates than have ever yet been
reached in this market. Illinois botfds have been down
to 26, and Indiana to 30. Prices have rallied, however,
and both descriptions are in demand at our quotations—.
viz., for Illinois 36 to 364-, and for Indiana 341 to 35.
" The pressure for money does nut appear to extend
itself to the merchants generally, as little or no first
class paper is offering out of doors ; and, if exchange
declines sufficiently to put a stop to the export of specie,.
our banks will be enabled to extend all the facilities that
are wanted.
" We do not, however, look for abundance of money, •
or much decline in the rates of exchange, for some time
to come, as the large importations prior to the Ist ult.,
to avoid the increased duties, and which were mostly for
foreign account, will continue to drain the country for
some months to come, while the low prices abroad of our
great staples will diminish the usual supply of bills from
the south. Besides these, the present, and the expecta-
tion of a continued scarcity of money in England, may
induce the agents of foreign houses in good credit to
draw against specie shipments as a means of placing cash
in the hands of the principals on easier terms than dis-
counts can be Obtained in the London money market, the
gain in interest on GO-day bills, usually estimated at #to
1 per cent., now being from 14 to 2 per cent.
" Domestic exchanges have not varied much since our
last, the rates are rather lower, and the apparent disposi-
tion at the South to defer the period of resumption de-
ters dealers from purchasing largely.
The Legislature or Alabama has virtually sanc-
tioned non- resumption, and the West and South gene-
rally are so dependent on New Orleans, that they are
content to wait the movement of the banks there before
taking any steps themselves, even when the ability is
claimed and probably is possessed.
" In New Orleans the great majority of the banks are
strong, and if the managers of the sound institutions
would only summon sufficient resolution to leave the
weaker ones to their fate, a sound currency would be ob-
etlxtiii-:eeedt,v'n'iltildlinaGgoe(liaeyrasl;ll.)eust-tt
distant than at this time last year.
111111i:1,1
(imt
nopleva rtsi
p,
pwe• eararsg.farri
toht
etro
Our flour market has been dull, but prices are rather
higher, and as the late storm has probably put a stop to
canal navigation for the season, prices may advance still
more, though, the product being so great, the advar c
will not be material.

" Advices from the 'West and South state the r g
of the rivers, and the products shut out by the closing of
lake and canal navigation will find their way to the sea-
board by a more circuitous route.
" The vaunted safety fund of this State is now exhi-
biting itself in the light in which practical men have
ever viewed it. They, from the begipning, distrusted
the system on two grounds—first, as inducing a degree
of coLfidence in the general circulation of the banks
subject to the law wholly unwarranted by the amount of
the f,tst nl
the ; aa tt for
ilt by reason of the general gua-
ranteeeticli, as superseding in the conduct of
dud,
secondly,on which, if dependent for its credit and
uif all
caution
circulation upon its own resources and management, each
would not fail to exercise. The fund now is for all prac-
tical purposes exhausted, and as the process of replenish-
ing is slow (an annual contribution of to 1 per cent. on
subject to the law, which is
talbwote:tti)si t33ol3,oo4o,aololot)h,eifb:%':•llllsbesen that it iu truth offers
little security.

" The failure of some of the free banks has given rise
to sweeping denunciations of the whole system, but with-
out adequate reasons, as we apprehend. With the ex•
c all the free banks
shat. n o
Lave
f st:opesnn(reldl
largeatßla ut
Portion of mortgages as
part of their capital, and all men conversant with the
business of bankhig know that assets thus unconverti-
ble never can, and never should, be relied upon to meet
the liabilities of a bank. It was an original defect in
the law authorizing free banking that mortgages were
permitted to be received, and was pointed out as such at
the time in this paper and others, but the country mem-
bers would not consent to a bill without such a provision
in favour as they claimed of land.

" The conseq-ucnces are as were foreseen. It may be
confidently sub), however, that free banks, to which real
money capital only was subscribed, which
pledged sound
stocks only for their circulation, and which have been
n
and deserve at least
astaitillaugeehdetrveidtlltduacs dains;:restiaofnel,yelnj,tozi
tank.
They have,
moreover
i tgl erre
actaeirt a cfiatctiyi i
ifor good, and can adapt them-
selves e s
to the exigencies of the
times. It would not be .eliffieult to illustrate these re-
marks by examples, but that might be deemed invidious.
" The Congress will re-assemble on Monday next, and
with 17
all eyes will be turned to Washington fine a time. The
President, it is expected, will endeavour to present somk.
plan for receiving, safely keeping, and disbursing the
public revenues, which shall also incidentally aid in fur-
nishing a uniform currency, and in equalizing the ex-
changes ; but little confidence, however, is entertained
that any plan can now be proposed that can avail, or will
be accepted.
" Meanwhile, tke Government of the United States is
pinched for means.
"The tone of public sentiment—so far as it can be
judged of by private letters from various parts of the
Union and by the public press, since the result of the
Mississippi election has been ascertained—may be pro-
nounced- very sound. Sonic feeble sophists-, indeed,
through some mere party Journals, have endeavoured to

r show that Mississippi, because her agents were unfaithful,
is not bound by their acts; but the mass of honest men o:
all parties-look with horror upon any such palliations
for roguery. Until they can rail the seal from
off the bond,' and until they can show cause why the
signature of Governor M'Nutt to the bonds he
now calls unconstitutional should not bind the State, they
not only of their own lungs, but the public sense, by
mouthing about repudiation. Our own hope has been,
and is, that the Legislature of Mississippi itself; when
once convened, and acting in the face of the world, and
under the sanction of a solemn oath, will not carry out
the doctrines proclainied at the polls; and that, although
they may, and very probably will, denounce the acts of
the Union Bank, and of its agents, as unlawful, they will
nevertheless pass a law, confirming, as to innocent third
parties, the validity of those acts. Such a course would
at once replace the State and its Legislature upon a foot •
ing of honourable equality with other honest States.
" We may not conceal, however, from our readers, that
this hope of ours is contradicted by some information we
have from that State, and in token thereof we copy the
annexed paragraph from a letter received yesterday from
a distinguished ial.,.yor in Mississippi:—

JACKSON, MISSISSIPPI, NOV. 6.

" The election naving been heard from officially, to
a sufficient extent to know that the anti-bond paying de-
mocratic ticket has prevailed by a large majority, the
Legislature will repudiate this winter, and having found
that so convenient a way to pay debts, God only
knows where they will stop. I heard a member say he
was opposed to, and should move to stop, the taxes laid
to pay State warrants, on the ground that they were ' bills
of credit,' and forbidden to be 'emitted' by the constitution
of the United States. Several Judges have run and been
elected on the ground of its being honourable and right
that the State should not pay its debts. So we go—
where will democracy stop ?
" Statements that have been published show that Mary-
land may have difficulty yet in meeting the interest on
her debt. The assessment of the real and personal pro-
perty of; the State will fall under 200,000,000 dollars. This,
at the rate of taxation imposed by the Tax Bill of the
lattrssion, will produce under 400,000 dol. annually,
leaving a deficiency to be made up which is estimated at
600,000 dol., and which must be met by an increased tax."

UNIVERSITY IF THE CITY OF NEW YORK.-It is a
source of real satisfaction to the friends of this Institu-
tion, to know thc t it is advancing gradually and perma-
nently in the cause of science and learning ;—and that it
bids fair to become one of the most popular and useful
literary establishments in our country. The Professors
devote their best talents to the advancement of the
scholars, and all is peace and harmony. There is no
single individual to whom the public are so much in-
debted, for the erection, completion, and success of the
establishment, as the late Chancellor, the Rev. James
M. Mathews—and but for his individual exertions, that
beautifhl building, now the ornament and pride of the
city, in our opinion would never have been erected. It
must be a source of lasting satisfaction to him, after the
many slanders that have been circulated, to witness the
work of his labours, in its present prosperous and per
manently growing condition.

APPRO;CII OFMrINTER.—SiX of the last' ten days
have been rainy and disagreeable, but mild. Tuesday
and Wednesday were exceptions, however, for the glo-
rious sun shone brightly, and the atmosphere was -as mild
and balmy as in May. On Friday night. it cleared up
cold, and yesterday morning the gutters- and the small
ponds in the vicinity of the city were covered with ice
more than an eighth of an inch in thickness. About half-
past six o'clock last evening, it Commenced snowing, and
the downy flakes fell without intermission until twelve
o'clock. • Old Winter has put off his covering until a
late period, but from present indications he is deter-
mined. to, assert.his sway over the seasons, and has laid
his icy fingers on any vestiges of vegetation that yet re-
main. We fear that the navigation on our canals has
been closed for the season by a natural embargo.—Philu-
daphia North American.
SNOW IN THE INTERIOR.—On Thursday and Friday
there was quite a fall of in the.mountamous regions
of this State. At Hollidaysburg and in Northumber-
land county, the storm was very severe.—Philadelphia
North American.

SOUTH CAROLINA AND NEW YORK.—Mr. A. Rhett,
of the South Carolina Legislature, gave notice of the
introduction of a Bill relating to the pending controversy
between New York and the Old Dominion, about re-
claiming fugitive slaves. It is understood to be a simple
transcript, with a few alterations, of what is called the
Virginian Inspection Law, and, it was presumed, would
be unanimously passed.
MORE RESIGNATIONS.--WC learn from New Orleans
that Judge White intends to resign his seat in Congress,
as a member t f the House from Louisiana. The resig-
nation of Mr. the Senator from Alabama, was re-
ceived by the Legislature of the State on the 13th. Go-
vernor Bagby is expected to succeed him.
MISSING.—CoIoneI 'William 11. Hunter, formerly
Member of Congress from Ohio, while hunting on the
20th strayed from his company, and had not been heard
from at the latest dates, although several parties had
been searching the woods for him for several days.
MURDER OF A FATHER BY HIS SON.—A man named
Pomainvillo, a respectable farmer near Montreal, was
recently killed by his son. After some dispute, the son,
aged about 28, drew his knife, and stabbed his father in
five places. lie died soon after. The son has been
arrested.

VERMONT ASYLUM FOR THE INSANE. —Some un-
known friend has sent us a copy of the fifth annual re-
port of this institution, by which it appears that its suc-
cess continues to be very flattering. There have been,
during the year, 165 patients, 28 of which were from
New Hampshire ; and there remained on the Ist or Oc-
tober 95 ; the rest, 70, having been discharged. Of these
70, 41 recovered and four died. Of the 35 recent cases
discharged, 31 have recovered, three not recovered, and
one dead. Of the 35 chronic cases, 10 have recovered,
22 not recovered, and three dead. The above statement
shows the very great necessity of prompt measures in.
cases of insanity. Delays are dangerous, and friends
should not hesitate in placing the unfortunate victim of
it under proper and skilful treatment without delay.—
Nashua Telegraph.
The Norfelk Beacon gives an account at length of the
proceedings of a great meeting of " the Old Dominion
Anti-Stay-Lacint, Society." Old women of 70, and
young girls in their teens, took part, and talked wisely
and well of what they call the prevailing epidemic
among women. After the organisation, the following
resolutions were read and adopted :—Resolved, That as
women professing godliness, we are bound to set an
example of Christian forbearance with regard to .stay-
lacing—and instead of expending money for these use-
less fixtures, to appropriate what may be thus saved to
the furtherance of our stupendous cause, in the distribu-
tion of pamphlets, &c. &c. Resolved, That woman is in
her appropriate sphere when endeavouring to beautify
society, by refusing to countenance stay-lacing in any
form, and by that means promote the interests of health,
intellectual worth, and primitive loveliness. Hurra for
the Virginia women ! These abstractions are but
healthy expansions of the system, and the contraction of
it here is clearly the great evil of the day. Tight-lacing
is as bad as a " tight money market," a legitimate phrase,
by the way, in Wall-street—but the expansion in one
case is no evil, and in the other a great one.
ACCIDENT.—On Friday night last the steam-boat Cleo-
patra, on her passage to Hartford, came in contact with
a small sloop_ boat, off Essex, sinking it almost instantly.
The boat was owned by Dr. Sweet of Guilford, was
loaded with brick, and bound down the river. One of
the Doctor's sons and a coloured man were on board the
sloop, but by some means they managed to save them-
selves by clinging to the steamer. They state that they
discovered nothing of the approach of the Cleopatra until
she was close upon them.—New Haven Palladium.
In Vassalborough, bk. there are four large tanneries
which employ a capital of $lOO,OOO. In the neighbour-
hood of that town, there are also seven tanneries, managed
by a single firm, who employ a capital of $150,000, and
spend $lOO,OOO a year in the purchase of hides. The
tanning business has always been carried on extensively
and profitably in Maine.
DESTRUCTIYE FIRES.—The Freeman's (Pa.) Register
says, We regret to learn, that on Sunday the 14th
instant, the barn of Dr. Davis Porter, situated about
five miles from West Newton, in the Forks of Yough,
was consumed by fire, together with four horses and two
head of stall-fed cattle, 120 tons of hay, 300 dozen of
wheat, about the same quantity of oats and some rye.
The loss is estimated at not less than $4,000. The
Uniontown (Pa.) Democrat of the 16th says, " Colonel
Evans' valuable mills, situated within two miles of this
place, were reduced to ashes on Saturday last."
REMOVING A CITY.—The St. Louis Republican of the
16th instant says, " The buildings in Marion city on the
Mississippi river, the same town in which so many
eastern purchasers got their fingers burnt, a few years
since, are being removed to Hannibal, a town some
twelve miles below, on the bank of the river. Lots
which sold at from two to six and eight hundred dollars,
and frame houses which cost eight to fifteen hundred
dollars, can now be bought at less than a hundred, lot and
building included.

THE NEW POLICE COURT, CLERKENWELL.
—This Court was opened yesterday, and is not liable
to the objections made against that at Hatton-garden. It
is built in a handsome and unpretending style, and forms
a considerable additional ornament to that part of the
metropolis in which it stands. The front of the building
extends along a space of about 250 feet. Upon this
there are two erections almost perfectly square : that
to the north containing within it the court4iouse, toge-
ther with all its appendant offices. The other, which is
intended to be the principal police station of the district,
is so constructed, with respect to interior arrangements,
as to afford full and complete accommodation fur
the large body of the force which is to be constantly
stationed there. A handsome archway, connecting the
two structures, forms an entrance to a large area behind,
around this art-a run wide asphalte walks for exercise,
the middle part being composed of a gravelled space well
rolled and cemented. Over Hit archway is placed a well
executed representation of the Royal arms of England.
The cells are four in number, and lie at the other side
of the quadrangle. The court itself is equally commo-
dious, being 35 feet long, 24 feet wide, and 18 feet
ir hityli,
and exceedingly well lighted throughout. The
Ispo-
sition of the various parts can suggest no complaint.
Provision has been made for the press, eein
Similax a
modatiln has been afforded to all who attend on
°--busi-
ness, whilst a large space in the bodyoufbtilite. Theeco
urti s
courtkep t
open fur the free admission of the p
stands directly opposite Frederick-
street, a new and open
line from Gray's Inn-road, anti forms a sort of neueleus
for several other much frequent&l
• DEVON AND CORNWALLR"A3,IL.wity.—A
place on
meeting of the Committee took Wednesday, at
Pearce 's Hotel, Truro, for the purpose of receiving from
the Sub-Committee their draft of the report to be pre-
sented to the county. was agreed upon, and
is, we understand, to be presented at a county meeting
which it is proposed to hold on Wednesday the sth of
January next. A requisition to the High Sheriff for
calling this meeting was agreed to, and signed by the
Committee.—Plywoutli J ()lowa .