Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1841-09-25

IicSiuCit AyiCl. hS thC CbSuiListdhoC
creates but little excitement, we publish
only an extract from the veto message,
embodying the principal reasons Of the
President for his course. After showing
that it is his duty to "prescrve, protect and
defend the constitution of the U. States
rather than obey najorities, Mr.. Tyler OBJ.
jects to the bill
"First: 1t may justify substantially a sys.
tenn Of discounts of the most Objectionable
character. 1t is to deal in bills of exchange
drawn IN one State and payable in anoth.
er, without any restraint. The bill Of en-
change may have IN Unlimited time to
run, and its renewability is no where guar
ded against. 1t may, in fact assume the
most Objectionable form of accommodation
paper. 1t is not required to rest on any
actual, real, or substantial exchange basis:
q drawer in one place becomes the accep-
tor in another, ard SO, in turn, the accept
or may become the drawer, upon a mutual
understanding. 1t may, at the same time,
indulge in mere local discounts under the
name of bills of exchange. A bill drawn
at Philadelphia on Camden, New Jersey;
at New York on a border town in New
Jersey; at Cincinnati on Newport, in Ken
lucky; not to multiply other examples,
might, for any thing in this bill to restrain
it, become y mere matter of local accom-
mediation. Cities thus relatively situated
would possess advantages over cities other
wise situated, of so decided a character as
most Justly to excite dissatisfaction.
Second. There is no limit prescribed
to the premium in the purchase of bills of
exchange; thereby correcting none of the
evils unLerwhich the community now Ia
bors, and operating most in%iuriously upon
the agricultural States, in which the irregu-
~larities IN the rates of exchange are most
severely felt. Nor are these the only con.
sequences. A resumption of specie pay
ments by the banks of those States would
be liable to indefinite postponements; for
as the operation of the agencies of the in
terror would chiefly consist of selling bills
of exchange, and the purchase could
only be made in specie, or the notes of
banks paying specie, the State banks
would either have to continue with their
doors closed, or exist at the mercy of this
national monopoly of brokerage. Nor
can it be passed over without remark that,
whilst the District of Columbia is made
the seat of the principal bank, its citizens
are excluded from all participation in any
benefit it might afford, by a positive prohi-
bition on the bank from all di%scounting
within the District.
These are some of the objections which
prominently exist against the details of
the bill; others might be urged, of much
force, but it would be improbable to dwell
upon them: suffice it to add, that this char.
ter is designed to continue for twenty
years, without a competitor; that the de-
fects to which | have alluded, being found
ed on the fundamental law of the corpora.
ton, are irrevocable; and that, if the OBJ
~jections be we'll founded, it would be over
hazardous to,pass the bill into a law"
He then entreats congress TO believe
that it is with the deepest regret he finds
himself compelled to differ with them a Sc
cond time during the same session; and
proposes no bring in a scheme at the COM
mencement Of the regular session for the
safe keeping and disbursement of the pub
lie revenue. The message is of the most
conciliatory nature and will persuade ma.
., ~. |
ny that the course of Mr.. Tyler is dictated
by a sincere conscience.
HEALTH OF THE cITY.-The number
Of interments reported to the Board of
Health for the "a hours ending yesterday
at noon, was So; of which 30 were yellow
The disease shows no diminution
whatever, and the mortality is frightful.-
Bee Of the 18th.
What a remarkable contrast does the
present in a business point of view to
he am period last year! Then we were
the full tide of affairs. Now all is stag.
and motionless. The Levee looks
deserted; the stores are vacant; few per-
sons appear in our most ~trequented tho
'ouSnfares. Disease appears to have
'aralyzed our energies.
The number Of mterments reported to the
Board Of Health for the "a hours ending
yesterday at noon, was A; of which SO
we're yellow feyer.-Ib. 18th.
The number of interments reported to {
he Board of Health for the "a hours end
ng yesterday at noon, was 30; of which
2 were yellow fever ID. 18Th.
The number of interments reported to
he Board of Health for the "a hours end.
ng yesterdy at noon, was 45; of which
IS were yellow fever.
The mortality for the week ending on !
same day was 292 Of which go were c
f yellow fever. During the correspond ,
ng week in 1899 ther were only 1877
eaths, of which SO were yellow fever !
asses. ID. goth. :
The interments reported to the Board =
esterday were 6O-of which number 40
led of yellow fever. This is the greatest L
lumber inferred in one day this season, !
nd shows an increase of the disease !
22d. J,
BOARD OF HEALrH.-The number of Il
reported to the Board yesterday a
as So, of which 43 were from yellow I
yer.-Picayune 23d. a
We regret TO learn that the crops of cot 4
IN in this county, the present year, are t,
cry lnferior-some think there will not RI
; half an average crop made.-Wood-
lie Republican. il
The cRops.-During the last two
eeks we have traversed the counties
Kinds, Madison and Yazoo, and we re- :
ct to say that the cotton crops are a to-