American watchman and Delaware advertiser., 1827-01-12


state so far as they are connected with Bank trans
actions The case was that Of the Bank OF Utica Us.
Philip Wager, which is thus stated !" his action
brough, the court below Tor the recovery OF the
amount OF note discounted at the Bank OF Utica,
which was resisted by the defendants, the gound
OF nsury, because that, in discounng the note the
bank agents retained the interest in advance charged
interest for the three days grace and also because
the bank agents, in computing the interest, caicu
lated il al 80 days for each month, by which mode
but three hundred and sixty days allowed to
the year." The decision Of '.the Court below
was, that the note roid on account of usury.
The Judgment Of the Court below was affirmed
in the Court Of Errors, by Is to 8. This de-
cision appears to US to be clearly against equity,
however it may comport with law. The prac-
tice, here so severely denounced as to yiate con-
tracts connected with it, is universal, 10 Bank trans
sctions. An attempt was made, by Mr.. GOLDEN,
who was one Of the Judges in this to obtain
whist he was Member Of the House oil Represent.
atives of the United States, decision Of the House,
on the grounds against the legality OF dis
counts by the Bank Of the United States and its
Branches But, it failed, The usage being too well
established 10 be shaken on light grounds For
selves owe more money to Banks than We chlsc
to take any pride in telling but we trust the evil OF
this decision will be limited TO the State OF New
York. where enough Of evil will be worked, by lis
favoring those who may avail themselves oil IT. TO
Ito the defeat of The ends Of jusce--and to the
prostration of public morals.
Thus one explosion alter another reaches us
from the combustible region ofthe great State. The
quet citizen Of hat State, who is spectator mere
ny, mus, feel himself, after one OF these shocks, 10
be somewhat in the condition Of the honest tar, who
was blown .sky high" at iuggler's exhibition, and,
on re-landing on mother earth with whole bones,
tonshed at his involuntary somerset, wondered
" hat the d-l they would do lcxt.1 ". lntet.
We are glad to hear that the suit, recently deci-
Eded by the Court of Errors Of the State Of New
York nullifyine all bank discounts made upon usual
principles has been so long pending that The Banks
have had warning enough TO change their usage. so
that, comparatively, little evil will flow from this
decision, however dangerous the principle OF it.
Nat. Intet.
| Baltimore, January 2--it is an unfortunate cir
cumsance for the Indians in the yincinity OF Geor-
gia that any thing should occur TO render them OBJ
noxious 10 their neighbours, as ftom the well known
dispositions Of the Georgians esinced on many occa-
slons there is little hope for those tribes who unwil
tngy provoke the resentment o the frontier settlers
backed by the power OF the stae. The Florida In
dams having recensiy committed murders and culra-
geo u"utfending citizens OF Georgia, SO say the
accounts, severe retaliation will in all probability,
be the consequence; and from the following resclu.
tons passed by the Legislature 0! Georgia, it is esi
dent that the indiscrcon OF the Indians will be
promptly punished We give it the mild term Of
indscretion because the conduct ofhe Indians is so
frequently misrepresened and exaggerated, and SO
frequently the resut OF bad advice received from the
whites, who urge them TO commit Offences hat they
may be driven further into the wilderness and their
possessions forfeited TO the cunning of their destroy
ers We seldom hear any thing Of the exciting
causes which urge The Indian TO war parte
statement, put forth by the successful TO suit their
oxun nd the NJ he
Indian, sufIces, and we look on with apathy at the
anhihilstion Of whole tribe driven TO desperation
by the ingenuity OF their oppressofs. Gazette.
RESOLUTIONS
PASSED BY THE LEGISLATURE OF GEORGIA.
Whereas his Exceency the Governor has re-
celsed and communicated TO this Legislature, in
formation that recent murders have been perpera-
ted upon certain citizens o this State on The Florida
line, by the Seminole Lower Creek Indians and
that murders have been repeated near the same
place upon individuals living on the Florida side Of
said line And further, that the Indians painted and
prepared for hostilies on the frontiers OF the State
having been taken by the United States force situa-
ted in that quarter, from whom information is re-
eeived that two hundred Indians embodied and
ready to make an invasion upon the settlers OF this
State and the danger oil such an invasion being SO ii
minent as to admit OF no delsy-
Resolved, That his Excellency the Governor take
immediate steps, by the Of the Militia or youn-
teer companies Of this State. TO lepe said invasion
as he may think proper either by arms or iortihca-
tions and in sufficient force to afford protection to
our frontiers and tha. the expense Of said expedi
ton be betrayed ou, Of the fund appropriated ior Mil
itary purposes.
/ Resolved, That, as il is provided by the 9th
ton of the first article Of the Federal Constitution
the General Government is bonnd to suppress in
surrec,ions and to repel invasons; and also o the
4th section of the 4th article Of said Constitution, Is
pledged to protect each state against invason--lhas
the Governor, without delay. call upon the Govern