Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-12-20
THE STATES.

GEoRGlA.-l seems probable that Free Banking
law, similar to that passed in New York, last year.
will be adopted by the Georgia Legislature a, its pr.
sent sessionsuch bill having been Introduced and
motion for its indefinite postponemcrt rejected, by
vote Of % to 4S.
The Central Rail Road and Banking Company of
Georgia has declared dividend at the rate OF per
cent per annun upon its capital employee in bank
ing.
Mr.. King of Glynn county, introduced inlo the
lower House OF the Georgia Legislature on The 9Th
inst preamble and resolutions for the establish
ment Of great Commercial Bank to facilitate the
commerce OF the Southern and South Western
States. The capital to be equal to the exports Of
the States concerned: hafth stock to be taken
by each State, the other by the cilizens the amount
owned by each State 10 be used by it, and to be al
lowed to withdraw its capital from the common stock
at pleasure; to allow every State to come in that
night desire to do SO the Government TO appoint
five commissioners to meet in Augusta in April next
TO meet other commissioners from other States, to
frame the charter for said Bank, to laid before the
Legislature of the several States interested."-What
days for experimenting these are!
lNDIANA.-The Legislature of this State met on
the Sd inst. In the Senate, the Lieutenant Cover
nor is er-oDicto President. In the II. of II. Thomas
l.. Evans elected Speaker by a majority 70 votss
over Gen. Robert Hanna, both Wings.
Eight ballotings took place for u S. Senator on
the 9TH instant. The highest votes were-For
Thomas IL. Blake 80, Milton Staff IS, Charles Dew.
ey 90 John Dumont IL, Ratf Boon %, II. A.
Howard 81, Noah Noble 26. Gen. Staff and Gov.
Noble Withdrawn, and the election was to pro-
coed the mex, day
SuTH CARoLINA.-Patrck Noble, late Speaker
OF the House. has been elected Governor of this
State. Mr. Noble received 96 votes F. H. Gilmore,
now in Congress, SO. There is no difference in
their politicals tenets-toth being Cahounites. Or.
Thomas Smith, of Darlington was elected Lieuen-
ant Governor.-Resolutions approving of the Sub
Treasury scheme have been introduced into the
Legislature aud WILL it is supposed, pass almost
unanimously.
ALABAMA-The Legislature Of Alabama met at
Tuscaloosa on the 4h inst. James NJ. Calhoun,
nephew Of the South Carolina Senator, and one Of
the deserters from his "late allies" was elected
President Of the Senate He received IA votes,
McVay 7, Rains An the IL. OF r. James W.
McClung, Wing, was elected Speaker, by a vote
of 48 TO AZ for Mr.. Shields. There is no doubt
however, tina, majority of both Houses are friendly
10 the Administration, with the exception Of the SUD
Treasury scheme, to which there is just as little
doubt that large majority is decidedly hostile.
- haG
The SUB Iredsury.--" 1t is confidently as
serted (says the Alexandria Gazetts) that caucus
The administration party in Congress has been heo'
and that altera full count and drill, it has
been determined to try the Sub-Treasury scheme
once more, and If possible 10 force it through Ino
bill, ii is said, will be reported without the specs
clause, and 1t is confidently expected by the admin
Strdtion that IL will be passed"