Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1838-02-17


be only the writer's sense, caught on first hear
ing 1t read, VIC shall odd % commenss, further
than the whole is . clumsy cootriyance, by way
Of substitute for a Bank Of the Uaited States.
To that issue the country must come At last.
The first section Of the bill provides that twen-
~ five banks be selected from the best banks in
the different states and territories for the wants
Of the Treasury, rs repositories Of the public
monies.
The I'd provides that no bank Be selected which
cannot pay in specie when required; and each Of
them is to furnish the Secretary Of the Treasury
with information to its condition, &c.
Sd. The banks are TO he selected by and with
the consent Of the Senate; and if Congress is not
| in session, the concurrence Of the Senate must
be sought as early possible when it meets.
! The 4th section provides the terms under which
the banks to be employed. They are to fur
nish now and then an account OF their condition,
and once a week, a statement OF their Treasury
accounts. The Secretary Of the Treasury shall
be allowed to inspect their books, but not of Pri-
vate individuals They must supply facilities OF
transferring the public Fsveauc rikhoaa cost, and
perform the duties rcqu.ssd BY law Of the late
bank Of the United States.
The 9Th section provides that the Secretary OF
the Treasury shall require additional and COLA
teral securities.
The 9th. appoints the Secretary of the Treasury
to enter into contracts with the banks selected
for the purposes Of this measure.
7th. The public dcpositcs shall not be with
drawn from anv bank, discontinued, except
when they fail to perform their duties, pay
notes in specie il the Secretary should no lon
ger think them safe, then ii is his duty to discon-
tinue the deposi,c. and report to Congress the
reason; providing that Congress has the power to
discontinue the depostes If the banks choose
20 pay.
Sth All balances between the selected banks
and those in the vicinity, TO be paid every week
in specie, in order to check over-issues and pre-
serve a sound currency.
The 9th makes it the duty Of the Secretary of
the Treasury to establish mutual arrangements
between the banks to receive each Others uo:cs,
and redeem them in specie if desired.
10th. The duties, taxes, &c. OF tho United
States are to be paid in gold and silver, Treasury
notes, and tho notes of banks. Bat no notes OF
any bank under the denomination OF five dollars,
shall be received after one year, nor any notes
under the sum of ten dollars after two years.
: IL. Nothing in the preceding section, shall
prevent land scrip from being received, and the
soec1c.ary 10 u.aA>- any ton be
tween it and other kinds of currency.
IL. No banks not complying with foregoing
regulations shall be selected repositories.
ID. 1t shall be the duty Of the Secretary of the
Treasury to lay before Congress, annually, list
Of the banks employed, and a statement of their
condition 81.
a. All acts and parts Of acts whatever inconsis-
tent with tho bill to be repealed.
A WEDDING RIDE-Horses were scarce at the /
first settlement Of this country. 1t IS not recor-
ded that they were introduced into the Plymouth |
COLONY until about twenty years after tho land
ing of the Pilgrims; but the "young folks would
have their rides Notwithstanding. When John
Alden was erried,--and John Alden was great
man in tday, worshipful magistrate and a
and comedy man wi,halI, and great
favortc with the ladies, inasmuch that he made ,
nothing at all of .cutting OUT the renowned
Captain Standish. who cut do,rn the Indians like
John Alden was married, there
was great "carryings onf about Cape Cod. where !,
he woocd and won the Captains intended, Miss
Priscilla Muliens. the great belle Of the Cape and
Colony He was determined 10 do tho thing up
in style, as become a gentleman; SO he put ring
in his bulls nose, covered his back with a piece
IF broadcloth, mounted and rode to his wedding.
Miss Priscilla might we'll be proud of such hus-
band, and to prove herself worthy OF him, she
'esouscly r,ouuted the bull, at the moving home,
md ambled along without fear, while her gallant ]
spouse led him by the nose and walked proudly
the side Of his valuables--his bull and his wife
The gentleman who led, and the lady who
ode the bull, were the ancestors Of some of the
irst families in the COMMUNICATING members
f Congress, heads Of colleges, and two Pres'- ,
|ents Of the United States-[E Exeter Ncrs Letter. I,
From the Baltimore American, Feb. B.
Disastrous Professionalism Of the Baltimore
Circus, and Cooks stud Of SO Horses
Between four and five O'Clock, this morning, 8
he alarm Of fire was given, and it was soon dis
covered that the whole of the extensive building
n Front street, known the Baltimore Theatre q
nd Circus, was entirely envcloped in flames, q
which burst with great fury from every window I
nd door Of the vast edifice. Before the fire was
it appeared to have reached every a
art Of the building, and prevented the possibility
{ saving single article. {
The building was occupied BY the well known {
Company Of Mr.. Cook, and VIC regret to state &
hat the whole Of the stock, fixtures, machinery,
wardrobe, decoration and property OF this extern
i've Company were entirely consumed, including ,
is stud Of nearly FIFTY HORSES, twelve Of {
rhich were remarkable for being extremely small. q
The fire is supposed to have been the result Of I
ccident. During the performance. last night of '
he grand spectacle Of MazcpPa, part Il the /,
cenery was observed to take fire. but as u aP- h
arently went out Immediately, no notice was ,
AIKEN OF it, There Is but little DOUBT that the
estruction Of the house was caused by this cir
umstances. /
Two men slept in the stable Of the Circus, q
Which was under that part Of the building which {
inds on Jones' Falls, but We learn they made {
heir escape in due season. The building We ,
ear was insured for ooly three thousand dollars,
cling about one-sentb Of in value. Nj Coke 4