The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1842-12-30
THE ILLINOIS FREE TRADER.

The state is to receive back it, 81 600 600 Of bonds
which originally constituted large share Of the
bank stock. The bank is to make ra,eahle dis
ribution Of is specie 10 the bill-ho,ders, and con
yeri ts assets lnto money and pay the balances on
the bills from time to time till all the means of the
/ bank are exhausted. 4 commissioner is 10 .,
appointed on the par, Of the bank, and another on
the pat Of the state, to supernlend the settlement
and four years are allowed to close up lis concerns
These are the geaeral outlines; and if the plan +.
faithfully executed all tho bills in circulation will
/ he redeemed. It will have a most salu,ary oltc;
on tho county to put at once into circulation TIE
ha,fnil.ion Of specie now locked up ia the vaults
Of the bank. This will drive much Of tho de2re-
ciai.d paper out Of circulation. The Shawnee
town bunk will soon have 10 pass the legislative
ordeal. I hope the work will be thoroughly done,
and soon we shal! fad OurseivcsriI Of depreciate4
bank paper Happy dag will this be for Illinois
The plan for settling up the affairs Of the State
Bank is said to be the Goyernors--i. certainly
meets bis hearty approval.
A bill for reforming the Judiciary has been IN
der discussion in the House to-day. Il proposes
not To Gu the present vacancies in the Supreme
Count, but 90 create circuits, aud appou. cir,u,.
Judges; and as vacancies occur, let the number
ofjulses Of the supreme Court be reduced to
four. After considerable discussion, the bin was
referred to a committee Of nine, one from each
judicial circuit. Thus the maGer will rest for
the present. The election of judges will be post
ponod, probably, till this bill shall receive the Gual
action of the legislature. Gen. SempIe is spoken
Of as the person most likely to succeed judge
Breese on tho bench. 1t is quite uncertain who
will Gil the place formerly occupied By Gov. Ford
There are two OF three candidates. The mem.
bcrs Of the legislature belonging to the circuit .rc
divided in opinion. The present incumbent, ap.
pointed to Gil the vacancy by the late Governor
is candidate; officiating thus temporarily, it
will enable men to Judge Of his capacity for the
station. There is very strong probability that
he will not be elected There is disposition
manifested, to regard the reai feiings and opin-
ions Of the bar if those can be ascertained II is
now pretty generally supposed that selection
will be made without regard to tho appointment
made by the Governor.
No measure has yet been brought forward
relative to The canal or the public debt, but plans
are maturing, and we may we'll hope that some
decisive action will soon be had. There is mani
'csIy growing good feeling towards this great
WDTE nG itn pnrih 7 knotu an ,har 3D.
will oppose any plan for its completion, without
expense to the state. Its importance is well APP
prcciatel. 1t must be kept disentanged from all
other subjects, and rest upon It's own intrinsic
merits. 1t needs no false cooring, or foreign aid.
may misjulsc, but am persuaded the prospects
Of the canal were never better since tue general
proslIation Of business came over the country.
Union Of action, iirnness Of its friends, guided by
wisdom and sound discretion, will carry this great
work to a completion. The few next succeeding
days are big with the fate Of our beloved Illinois
The banks, the public credit the canal. Never had
alegisldture more Responsible duty to perform.
and never were men more determines! to TIN to Do
their best,
a bill has passed the Senate, giving the ap-
Pointmont OF States Attorneys to the Governor
it will be iayorabIy received in the house.
But Iiule is said about public printer. Mr. Zic-
hers prospects arc good some Of his friend, feel
sure Of his election, provided always that TIE nor
lhcrn members will act straightforward and in
good faith, as cannot doubt bu, they will. 1t is
not To be presumed that any of the northern mem
bors will be bought or sold, caoed, or Tighten.
ed into the support of Mr.. Walters uni ss they &C.
.uaIy prefer hun, which is not very likely to be
The case. The friends of the other candidates at
Tie south will go for their men. 1t will be poor
policy for the northern members to trade oil so
good democrat as Mr.. a., with the hope and ex-
pectaton OF buying favor for the canal or any 9TH
sr important measure. Q.