The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1851-04-09
Correspondence Correspondence Of the Charleston Courier.


The sale Of tho Frcncl, Minister'S lurnr.
turc. &c was very fully and fashonably
attended yesterday. Many Of the articles
wcrs in excellent taste and sold very high
Several persons came from Baltimore 10
purchase articles Tho foreign ministers
not unfreYpsnily sell off their furniture,
wines, carria iages, &C., aud as they are m-
ported tree OF duty, there is no loss in the
transaction.
Another sale Of Mrs. Madison's effects is
10 take place, and tho list of articles is very
curious. There nre soma beautifully
wrought pieces Of plate, and some rich
china; also old fashioned jcwclry: and in
the catalogue / notice n cradle. Mrs.
Ma6ison's housa on Lafayette square, has
1cen sold at private sale, tor eleven thousand
dollars, to Capt. Wilkes OF the Navy.
General Scott is to be received at Cincin-
matt, will, military hon"rs, and also at
Pi;tsburg. This tour. thnugl, not so inten-
dad, will necessarily have some political
effect.
The new banking law Of Virginia, is
about to go into partial operation, and the
books arc opened in Alexandria for the
"Bank. of ;hc Old Dominion" to be estah-
lislied in that city. The subscriptions nre
to be in money, i'll State stocks, or stocks
guaranteed by The Stntc. The maxi,num
amount OF capital OF tho new banks thus
authorised, is but E}.3Ou.GD0; bnt after the
expiration of the charters Of lie old bands
III 1857, tho new system will bic mucl. cx-
| tended. .gt,a
.s.ltremslus uncertain rs yet, whether The
! Virginia Convention viii adopt The white
basis Of representation, nr The federal or
mixed hnsis. But Western Virginia will
nIiimatsly insis, nfon the representation of
white population alone. ss45s
Mr. .n.mcl, of Richmand. the editor, aud
/ Dir. Scott. OF Ilannsef Solnty ii NON Der OF
tue Iagis csii QUE ord Ill il
said, 10 figlta duel. l1ug ,,ises,
l5WateIIng for 4bafa fBe ing epnTtad tI,at
they would go,o Bladensbnrg OF 70 The
clpin.hridge.
What has so long bren predicted MS ia
lie result OF excessive iinportaJions has
cnnic 10 pass--the market is glutted will
dry goods, and prices arc falling. and buyers
| shy, aud importers ruined, and general
panic likely 10 prevail. The impurtatons
into New York, for the last two months,
have been very Notwithstanding hy
! tive millions, the amount Of imports during
| tho same months in c;ihcr of the two past
years. The chief articles Of imports arc
silks and other stnlii for ladies' wear. Mr.
Walsh, IN 4 recent letter from Paris, refers
10 an inquiry msle in Europe, why the
| people OF the U. S. are hot silk growcrsl
The question has heretofore hecn solved
Silk growers are every where among The
poorest class OF population in tho world
and the people OF the y. S. have more
profitable cmp!oymcnts in growing Cotton
! Wool, and if yon please. Flax. But fow
years hence, there will be, in this country
rery extensive and numerous factories o
mouslin de lanes, fabric universally
required, an excellent and handsome article
will be made with three -four,hs cotton ant
fourth wool, iha, can be sold at twenty
cents yard. II is asserted by experiences
and Prac;!cH! men, that a factory Of these
! 'nouse!lns, with capital Of half a million
whi make profit oi twenty per cent year