Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1831-10-28

ers seems are entrusted with the management
of the school funds. They receive the sums paid
by the purchasers of the school lands, and lend
1t on notes secured BY mortgatc on real estate
At a special term of their Court held in August
they undertook to establish the rate Of interest
on which they would invest the funds in their
hands. The following are the rates agreed upon
On all sums of two hundred dollars or less, lent
for one year SOper cent per anum-for two years
27 per cent-fur three years "a per cent-fur
four years % Per cent-for five years 90 per
cent.
On sums over two hundred and MOI exceeding
six hundred, lent for one year, 81 per cent per
aGuum-for two wears 25 per cent-for three
years IS per cent-for four years 81 per cent
for five years 10 per cent.
On sums over six hundred dollars lent for one
year "a per cent per annum-for two years %
per cent-for three years 90 per cent-for four
years l8 per cent-for five years 6 per cent.
The Wiilamsport Md. Banner, in allusion to
an article which appeared in the Georgetown Co.
lumbar of the 18th, suggests that the next Canal
Packet Boat. after the Clinton, should bear the
name of JOHN Quincy ADAMS, and very justly
adds that he is the individual to whom this work
(the Canal 6 may be said to owe its early COM
mencement, for the subscription which he approx
ed gave life and energy at once TO the infant oP-
was made BY his own hand. with an exhibition of
strength illustrative of that mighty power which
was thereafter to be applied in overcoming and
subduing nature to the purposes of man"
According TO Havre advices of the 18th, bust
ness had acquired greater activity than for months
past. Commerce with the manufacturing towns
was reviying. Upwards of 1000 bales Of Cotton
were sold in Havre, in the second week of Sep.
TENDER, while important sales had been made OF
Pot Ashes, Coffee, Sugar. Indigo, Hides. sc.
Colonial produce was likewise on the advance.
Wilhinthe last two months morsthan two hundred
foreign ships had arrived at Havre In short, the
whole appearance OF commercial affairs had as
sumcd an air o! prosperity which it was believed
would continue. if the public confidence was not
disturbed. and the stability Of the empire threat
ened by the continuance Of riots apparently With
out object, and which must in the end. unless
promptly repreSsed. end IN disas ter.
The Fire Points Our readers have often
heard of this sink Of iniqui,y in New York. We
see in the newspapers of tina, city, report from
Il Committee of the Common Council that the
Five Points" has long been notorious in the
annals of the Police as being the nursery where
every species of vice is conceived and matured,
and thar it is infested by class of the most aban-
doned and desperate characters. There are in
the block enclosed by the intersection OF Little
Water. Cross and Anthony streets, 9 houses
upon 952S square feet of ground; the build
inys arc all old, and mostly built Of wood, and
of little value, estimated at $500. There
are six out cf the nine houses used for secret
tppiny shops, the occupants OF witch have no
licences. The number of inhabitants is about
visible or honest means Ui Obtaining livelihood.
About 80 are blacks, and i20 females. all Of
whom, with the exception OF 10 or 10 are pro-
per objects for Masdaen Asylum, and lesitl-
mate subjects for a Magdalen report. The COM
mittee further say that this den Of thieves is ST.
tuated 10 the very heart of the city and near the
centre Of business, and of respectable popula-
ton, in conseq uence of which it not untrequent-
" happens that strangers wander there by acct
dent, or are enticed bv the designing, and before
they are aware of their situation, are perhaps in
suited and robbed.
The Pensacola IFiorida) Gazette of the 9th in
slant, contains the following:
No Election in obedience TO the Governors
order, was held in this city, or its neIgHoorhood
OH Monday last There were no candidates, no
Judges, no voters-What commentary is this
on his Excellencv's interference with the freedom
of Elections! This neglect and silence OF the
people is IN itself cutting reproof!