Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1836-09-30
IMPORTANT DIscLosunrs.--wc find It sto-

young men OF Pittsburg, Penn. "have brought
out IN direct and indsputable form, some
FACTS IN relation to the iniquitous course of
the Bank of the United States during the panic,
oil the most damning character.' The facts
here referred to are contained in letters address
sea by committee of the young men of Pitts
burg to David Lynch and Richard Phillips,
Esquires, and are published at length in the
Argus. The truth or fasity of them will un-
doubleday be the subject of legislative inquiry,
and may have an important bearing on the fl-
ture welfare of the Bank. These publications
show,
LIST. That Mr. Thaw, late cashier of the
PIttsburg Branch, received private orders TO
Cypress the citizens and the Merchants and
manufacturers Bank at that place; that he re-
mohstrated against the order, stating that the
debtors oil the bank were paying faster than its
business required, and that greater pressure
upon them must prove oppressive if not dsas-
trous to the community; that his remonstran-
ccs were disregarded, and peremptory order
issued, directing him TO execute the commands
oil tne Bank, regardless of the inconvenience
and injury it might produce upon the public or
the local banks; and that he was prohibited
rom disclosing the nature or existence of these
orders To the directors Of the Branch.
I'd That Mr. Thaw was officially directed
by the Bank, to purchase the notes of the Bank
qi the Metropolis at Washington, for the pur-
psAe of haiassing ard depressing Il.
81. That these secret mandates were issued
and perenptoIily required 10 be enforced, al
the moment when public representations were
made of the liberal intentions of the Bank, and
unwcaricd pains taken by its agents and poii-
cal friends 10 produce the impression that the
government aud the removal Of the deposiies
were the sources of the money pressure upon
the local banks and the business community.
4th. That Mr. Thaw, the agent of the bank
having thus obeyed the directions Of Mr. Bid
die, became unpopular in the vicinity of those
who had suffered, as they supposed from his
exactions, was superseded by the Bank, for the
purpose of inducing the belief that he, and not
the Bank, was the author of the dilIiculties;-
that 1t sought 10 appease the popular feeling
by the sacrifice Of the individual who had drawn
1 upon himself the public censure in consequence
OF being compelled to pursue a course against
>. his representations and circumstances.
Such are the " facts" set forth in the publ
cation before us, aud the truth of them is said
to be fully established by letters and pupers IN
the hands Of Mr. Thaw. The reader is left to
make his own comments.
4
ing account of the meeting of portion of this
body at Annapolis on the 10Th inst. is given in
letter to the editors Of the Baltimore Patriot:
annapolis, Sept. 10, 8 o'clock p. .M-At
IL O'Clock to-day the Wing Electors me,--2l
being present and duly qualified. Shortly af-
forwards MeSsFs. McGill Of Washington, and
, Thomas of Cecil, on behalf of the Democrats
appeared in the Senate Chamber, and stated
that they had communication which they
were deputrd 10 deliver tn the Wings and thcr
held out letter. Ii was replied 10 them thai
no president had as yet been elected, and tha
f no communication could properly be received
by the Wings as part Of the Electoral College
and the letter was consequently not received
a Without farther delay Messrs. Thomas ane
McGill retired. The Wings remained in III,
Senate Chamber till three O'clock and no NOR,
} Electors appearing they took n recess till fiv,
O'Clock. II may here be stated that "a mem
bcrs are necessary TO form n quorum, and with
out that number no business can be transacted.
Sir o'clock p. M-No Senate yet TIL,
t Wing Electors met at five, and waited till si'
O'Clock, when they adjourned to meet again to
! morrow morning at nine O'Clock.
: The effect of this refusal on the part of tn
i nineteen elections to cooperate with the othe
81 in the choice of a Senate will be, tina
no new laws will be made until another year
and that in the mean time the present Govern
or and Council will, according 10 an existing
law, hold their offices until new election.
There was slight fall Of snow a few mile
: west Of us on Wednesday morning.
y Steamboat ErplosiOn.-The Wheeling Ga
zette mentions another of these disasters 9TH
consequence Of race with rival boat) whicl
q occurred on the 9Th inst on board the steam
boat Commerce on her upward passage fron
: Louisville, Ky. The Commerce had been run
ming a race with the Paul Jones from the sam
o port. Having occasion to be detained by land
i. ing, instead of letting off the steam they cont
: nued to increase it, and just as the boat put o
from the shore one of the boilers burst. Thre
II lives were lost by the accident.
+ Messrs. Nichols & Ryther: In your paper q
the l2th August last, it is stated that the choic
of Electors Of President and Vice President i
= this State happens on the 18th of Novembe
next. Now that statement is incorrect. TIL
IT The law on that subject fixes the day the sc
i cond Tuesday Of November neat; and as tn
month begins on Tuesday, of course the secon
!. Tuesday will be the eighth day Of Novembe
instead of the fifteenth. w.
e Sale of Hyde Park.-The estate of the lat
: DR.. Hosack, on the Hudson river, known a
Hyde Park, has been sold to company of gen