The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-10-03

enquirer shaking hands in the Movemesa-1hs
stare Baaks-Iheir Condition and Expansien-
Reasons for APprehemding another Revelation By
and-6y-M Miscellaneous Matters.
The President, and his Cabinet, (savinQ Mr. Bu-
chanan, who is of to Pennsylvania to consult with
his people in reference to his propos d retirement
from the Cabinet, as suspected) are all attending
to-day the celebration of the Annual Commence
ment Cor termination, rather) of the Columbia
College, in the large and commodious Tenth street
Baptist Church. known as Rev. Q: B. Browns
Church. The Columbia College is situated mile
north OF Washington City; but that, as Mr. Cod
dington says, is pretty much all we do know about
It, Our friends of Georgetown College uniformly
send US on commencement day, an invitation and
programme, and they lose nothing by their courtesy
Had the Faculty Of the Columbia College followed
this polite example, we should have been pleased to
give more extended report Of their proceedings to-
gay; Inc church, it's true, was open to the pub
nc, out was so crowded when we came up to rem
der an entrance impossible The proceedings con-
sisted OF Rotations IN prose and verse; interspersed
with musc-the award of medals, premiums, de-
grees, &c.
Apropos of this subject of education. Virginia so
long asleep; old Virginia, that great old State OF
ours, going down hill so long in every thing except
else, has accelerated her down.hill mevement-old
Virginia, we say, Is at last stirring herself.
The people are waking up after studying over the
compendium OF the last census, and finding. that
free white person to every twelve, whose signature
from disability to read or write, is his or her cross
mark Heaven save the mark-the cross-mark, Of
course. 1t is time to wake up upon such discovery
as this. We rejoice in behalf of our good old State
God bless her, that she is about to rise, like Zion,
"shake the dust from her feet and put on her beau
and build schoolhouses, and call in the schoolmas-
ter who has been abroad SO long, that we are left
in almost outer darkness Let us move all parties,
all sects, all classes-Et US move In this matter,
to, 49, ThApA
appears to be such movement in progress. The
Richmond Wing stands out in the nobility OF hui
manity, for this good, saving cause OF education
The ENQUIRER upon this Is subject, lays down the
Brother, we will 60 together in this good work"
We like that sort oftak 1t does ones heart good
to hear tit looks like doing something. And,
faith, something will be done. Let the Virginia
press keep up the contest We shall give them a
cross-fIe and then, that shall echo like Spring
thunder among the mountains. Go on, we good lei
Enguier-come out for the old State, We Rip Van
Wrinkle county presses, and before two years are
past we shall have, in full blast, in five hundrednew
school houses, morning exercises, such as fol-
lows:-
First person singular love, SC,
First person plural We love- &c.
Grand mathematical conclusion Il love, thou
lowest he loves, we love, you love- they love, we all
love another, we love our country, our Creator,
government and II is education that has taught
it all Hurrah!
On the subject OF banks. from autnentc evil
dences examined to-day there has been tor the last
year or two such general imitation OF the crcula-
ten and deposits of the State Banks, as must even
tuae, at before the next Presidential election, IN
another panlc-another season OF dlstress-another
breaking up of manufacturing monopoies, mercan-
tile houses and over inflated banks The event, IN
the graphic language of John Van Buren,, appears to
be as sure as Cod The Massachusetts Banks,
for instance, with an increasing redundancy Of
paper deposits. have created by their example q
mania for investments in railroad stocks. Pay
day must come and they will be found wanting.
The present system of deposits of the public moneys,
is evidently contributing It's full share to the expan-
sion of the paper circulation The general increase
of the circulation and deposits OF the banks, within
two years past, appears to be not less than thirty
three and third per cent, saving the banks Of New
Orleans, which, from our information at the trea-
sury department, IN sound and sale condition,
present and perspectively The Illinois banks, from
their broken down condition have been unable to
initiate The new system in Ohio, IT continued,
(and the political complexion OF the next Legislature
will decide that qnestion,) will speedily bring on
revusion in that State, deranglng the business and
the credit of that commonwealth tor years TO come
thereafter. 1t will, therefore, be presented to the
next Congress, as means OF safety to the national
from deposit with the banks, and placed under the
security of the Sub Treasury system; but whether
the banks will not be able to control an advantage
Gus modification of the law to themselves, remains
to be seen There will be hard fight at all events,
between a clear unmitigated Sub-Treasury, and a
hybrid system compounded OF the Exchequer, Ma
tonal Bank, the Pet Bank system and the Sub-Trea-
sury.
The Bank Report from the Treasury Department
in lS4l, by Mr. Gouge, occupies some l4O0 pages
of document printing. Mr. Gouge was expelled BY
Ewing, and with his expulsion the annual Bank he
port TO Congress was stopped. Having been rein
stated by the present administration, he has the
duty now assigned him OF bringing up by the next
Congress, the condition OF the Banks OF the coun-
try annually, for four years. He expects, however,
to bring up the whole business by December next,
and we expect his books viii prove to the CONNER
cial world the most valuable of all the valuable
documents that will be printed by the next Con-
gress
new weekly paper has been sta, ted in this city,
published by Messrs. Harris and Heart, OF the
Poi1ico Acknowledgement in Spanish, French
and English - ,
prospectus has also been issued by Mr. William
Green, OF periodical Journal of the Patent Office,
which we think is good idea, and might be turned
There was fight between two bun dogs in the
Presidents House yesterday. Martin must have
been away from his post, or they never would have
been admitted
There was street fight between two men also
yesterday, and there was good cause tor It. The
printer OF Anne Royals paper, called me Hun
t,sss, surreptitiously, 1t appears inserted and pub
ished in number OF copies OF the last weeksis-
sue, sanderous article on respectable young
man holding office IN one OF the departments-
Yesterday the injured person met the offender and
chastised him after the old right and lett style
The circumstances of the whole affair, as detailed
to u.s. are very dscreditabe to the offending printer,
and for the honor Of the craft we hope he will never
do the like again.
WASHINGTON, D. c.. Oct. l. ls46.
Seventh Day. Proceedings chs Court Of Inquiry, in the
Case of Lseutenant Nc Ldughtin
The Court met pursuant to adjournment. Record
being read and corrected
Lieutenant Mclaughlin submitted letters from him
self to George Bancroft and from the latter to himself
urging upon the Secretary the proprety Of enquring
fully and explicitly into all the charges contained IN
Lieut. Tansill's pamphlet against himi also, one &C;
knowledgng the receipt of the precept for the Court OF
Inquiry wherein Lieut. Mclaughlin laments that the I'D
vestigaton be made will be Of so limited enquiry
and recomme ending charge, or else, order cout !
martial, with full power to go into an .nai ss
inmate and particular enquiry, TO wnich SeorYe %
croN renled that the precept cannot be altered nor
martial ordered as Tans could not appsap a
prosecutor being under arrest, &c &c. Inc court
then cleared for elaboration; and on re-openngtk
stnr annau cad l.