davidaulloa/AmericanStories huggingface dataset:
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
Mormon preparationsfor War.

The Republican" publishes the
discourse of Heber G. Kimtall, at
Salt Lake City, on Aug. Both, in
which the determination is express.
ed to resist the Government troops
to the last extremity. The women
and children are called upon to arm
themselves and to lay up grain and
prepare for the conflict.
Young made an equally bold
speech, declaring hostility against
the United States.
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

II have tried 10 buy something
with this bill all along the Street, and
nobody will take it, II is all j have,
said a poor WON III on the street yes.
terday. There are thousands of such
eases how, of every day occurrence.
They have been shaved one, two
and three per cent, until, if the face
of the bills showed what was left af-
ter what had been lost upon them,
there would be- little of them to lose;,
now they perish, and are entirely
lost on the hands of the last holder.
Is not a community entitled TO pro-
lection from such robbery?-Lon
Dem. s Az y
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

d The Commercial Bank at Selma,
in Alabama. has suspended in ac-
cordance with the wish of the busi-
ness men Of that place. 1t has over
$500, 600 of assets over every La
bility. A good deal of its notes
have been in circulation in this re-
gion. asa
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
G. JOHNSON.
BANK OF TENNESSEE,
October Is, 1851


DEAR SIR: The suspension of
specie payment by the Bank of Ten
nessee, should produce no change in
the business of your Branch, except
more caution in your discounts: your
business should not be enlarged in
consequence of it. The safest rule
to adopt In the discount Of notes, will
be to limitit to your weekly receipts,
and to purchase no bills which are
not designed to remove the products
of the State to their proper market.
They should be of short date, requir-
ing in all cases such security as will
ensure their payment here, if they
should be returned dishonored. The
present arrangement in the trade OF
the country not justify us in rely
ing on acceptances of Banks CT indi-
viduals in other States.
In your discounts let your custom
ers understand distinctly that pay
ment will be required at maturity
This should be your general rule,
but your Board of Directors should
be careful not TO Cypress, unnecessari-
ly the citizens dealing with you, al
lowing them in, all cases of necessity
only to part pay OF renew the debts.
Your Branch must be kept con-
stantly in condition toresume specie
payments the moment it is done in
the Northern and Southern cities with
which we deal.
To enable you to do so when re-
quired. you will be expected to
strengthen your Branch by the addi-
ton Of gold and silver as you may be
able conveniently to obtain it.
You will not permit your precious
metals to go into the hands Of bro
kers or money dealers under any cir
Whatever.
To such of your. citizens as may
need small surnsfor the purpose Of
change or trading expenses. you Will
accommodate upon the preseutment
OF your notes, as ii'no suspension had
taken place.
Your Branch will be expected to be
kept in a condition not less favori-
BILE for the resumption Of specie pay-
ments than at the time when suspen-
sion took place.
You will not fail to forward us
weekly statements Of your discounts
as heretofore.
c. JOHNSON, PREs'r.
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

Hoes IN KENTUcKY.--The assessors
in Kentucky report the number of
hogs in that State, this year, at l.
423,589, which is an increase Of
3l8,404 over 1855. and Of 27,3S8
over 1856. The "hog cholera"
however, has prevailed to consid.
cradle extent since the enumeration
was made. e4
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
BANK SUSPENSION.

ST.. Louis, Oct. 26.-The State
Bank of Missouri, the Merchants
Bank, and the Southern Bank sus-
pened this morning. The Mechan-
les Bank is still firm.
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
Mail Hack Line.

THE subscribers are run FSSSA
ming regular HACKS. for passengers, from
Fayetteville to Shelbyville and Huntsville.
Leave Fayetteville. each way, early every
Monday. "Wednesday, and Friday-retnrning.
leave Huntsville and Shelbyville every Tues
day, Thursday and Saturday. The lines are
well supplied with good horses, and comforts-
bic conveyances--and as good roads as there
are in the country. Fare: only Two Doll
lars. BENZ. j. CHAFIN.
Aug. q, 1857. THOS. G. THOMPSON
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
Railroads and the Money Pressure

Railroads and the Money Pressure
Just now there is vast amount of
speculation in the newspapers upon
the causes of aud remedies for our
present financial troubles. Some of
these speculations are as ridiculousiy
overshot as those which have "burst
into thin air" and been the real ciuse
of the panic. An editor Of leading
commercial paper, we see it stated,
gravely proposes to suspend
tall the railroads in the pro-
cess Of building in the Union, and
keep them out Of the money market
for two years, in order to stop the
struggles between them to obtain the
surplus capital Of the country; which
makes it so difficult for capital to be
obtained for the more simple and or
binary purposes of life. Suspend
work on these rOads--stop their hea-
Ivy demands on banks and capitalists
for money, and the masses of the
people could get more money, and
get it cheaper. Business, in every
department Of life, would be facilita-
ted and quickened; and with the i'm
mense aggregate prosperity that
would ensue, general confidence would
be restored"
To this proposition, the Family
Visitor pithily observes:-We do not
profess to know a great deal about
financial matters, but when there is a
hole through the grindstone we can
see far enough into it for practical
purposes. Nor does it require a So
lon to discover that railroad corpora
tons cannot be justly chargeable
with the Onus of our financial diff
culties. Railroads do not bury mon
ey in their works-they pay it out to
mechanics and laborers; they do not
consume it for fuel-but they ex.
change it for wood and water; they
do not hoard it, for they have con.
slant use for it. They get it for no
other purpose than to scatter it a.
mong the masses of the people, where
| it quichens anG facilitates trade and
business. They borrow money to
expend, and through them it reaches
every branch of trade and industry.
Their circulation of it increases the
industry of the country and sets idle
hands to work. Equal with manu-
facturers they are diversifers of cap
ital. They do not exhaust the pecu-
mary resources of the country, for
they borrow almost as much foreign
capital as they send abroad for iron.
We must look elsewhere for the
sources which drain the specie: from
the country. Railroad acquisitions
and disbursements are about as good
system as could be employed for
shifting money. This cant about rail-
road absorption is all humbug-
"Don't let US stop days work in
any Of the branches of labor, but
crowd it to the highest degree of ac-
tivity. This course will soon relieve
the money pressure, and prevent a
recurrence Of like difficulties
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

PRODUCE IN East TENNESSEE
The Cleveland Banner Of the 23j
says:
The price Of produce still remains
down. Corn is selling in this mar
ket at from 5000 cents. We hear
of no sales of wheat at any price,
tits quoted inAugusta at 95@Sl loo
for red, and ST. 1901 20f white
At New York white wheat is chang
ing hands at 81 289$l 40. From
these figures our readers will see that
the prospect for better prices is now
rather gloomy. eH
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

The tax Law Of Georgia requires
taxes to be collected in notes of spe-
Gle paying banks. All the banks
in the State having suspended. the
Governor has suspended the collec-
ton Of taxes until the Legislature
meets. - $40 81 81
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

TALL PRICE FOR JACK. The
Louisville Journa; says that Mr.. r.
NJ. Booker, of Shelby county, KY.
has purchased Of J. +. Payne, Scott
county, the jack Young America, for
So, 900. a< !
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

: The officers Of the u. s. Garrison
IN Newport, KY, say that since the
occurrence of the financial pressure
they have hadmore persons offering
to enlist than for many years before,
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
FAYETTEVILLE. TENN:
Thursday Morning, November 1851
A Paper Currency the Cause Of our
Financial Troubles.

The following letter, written by
General WASHINGTON more than sew
enty years ago, on the paper or bank
currency question, will be read just
now with more than ordinary inter-
est. 1t should be read, studied and
reflected on by every boy and man
in the Union:
"MoUNT VERNON, Feb. q, 1877.
.,DEAR SIR: Your favor of the
30th ult. came duly to hand. To
give an opinion in cause OF so
much Importance as that which has
warmly agitated the two branches
Of your Legisture; and which, from
the appeal that is made, is likely to
create great, and, perhaps, dangerous
divisions, is rather a delicate mat
ter; but as this diversity of opinion
is on a subject which has | believe,
occupied the minds of most men, and
as my sentiments thereon have been
fully and decidedly expressed long be-
fore the Assembly of Maryland or
this State was convened, | do not
scruple to declare that, if / had q
voice in your Legislature, it would
have been given decidedly against
paper emission, upon the general
principle of its utility as a represen-
tative and the necessity Of it as a
medium. To assign reasons for this
opinion would be as unne cessary as
tedious; the ground has been so often
trod that a place hardly remains un.
touched; in word, the necessity
arising from a want Of specie is repre-
sented as greater than it really is
/ contend that it is by the substance
not the shadow Of thing that we
are to be benefited. The wisdom
of man, in my humble opinion, can
not, at this time, devise a plan BY
which the credit of paper money
would be long supported, consequent
ly depreciation keeps pace with the
quantity OF emission, and articles
for whichit is exchanged risee 10 a
greater ratio than the sinking value
of the money. Wherein, then, is
the farmer, the planter and the art
isan benefited? The debtor may be
because, as I have observed, he gives
Che shadow in lieu of the substance
and in proportion to his gain the cred
itor or body-politic suffer. Whether
it be legal tender or not, it will, as
has been observed very truly, leave
no alternative--it must be that or
nothing. An evil equally great is
the door it Immediately opens for
speculation, by which the least de-
signing and perhaps, most valuable
part Of the community are pIeyed
upon by the more knowing and Graf
ty spectators. But, contrary to my
intention and declaration. am offer
ing reasons in support of my opin-
ion-reasons, too, which, of all others,
are least pleasing to the advocates
for paper money. / shall, therefore,
only observe generally, that SO ma
ny people have suffered by former
emissions, that, like burnt child
who breads the fire, no person will
touch it who can possibly avoid it,
the natural consequence Of which
will be that the specie which remains
unsupported will be instantly locked
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
.NeaU Fall and Winter
ANNNsa
FOR 1857.

U. GOODRICH Informs his
Il customers and the public ~
generally that he has just received &
the largest aud most desirable stock of new
Fan and Winter Goods he has ever
brought to this market. / invite comparison
OF my goods, styles and prices, and feel con6-
dent can please all who may wish to buy,
Ny stock of Ladies Dress Goods is
rich, varied and fashionable, embracing all the
latest and newest styles, and cannot fail TO-
please. 1t is useless to ennmerate the articles
as have everything in heir line of dress I
would also inform the gentlemen that my
stock of Gentiemen's Goods is decided
ly the largest and most varied stock that
have ever brought to this market, embracing
all of the newest styles CT Goods All ask
is call from YOU, and feel assured / can
please you both as to quality and price, as my
motto is, quick sales and small profits.
J Oct 10. T. G. GOODRICH.
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

Fifteen Railroads at the North
have suspended. Their aggregate
liabilities amount to $l81, 100000.
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

SELLING SPEclE The New York
Evening Post says: Those who
boarded the gold in the hope Of
Specializing BY u sale Of it, find the
premium entirely insufficient to pay
for the risk. One or two, per cent
appears TO be the greatest difference
between specie and bank notes, and
The difference promises to lessen in
stead of increasing. The large a.
mount of silver change in circulation
not available 10 legal pay ment for
sums Of over five dollars entirely
does away with.the necessity ofpur-
chasing specie FOR the pay ment OF
duties ut he Custom House. In a
few days the bullion operators will be
glad 10 redeposit their gold in bank
to save the interest. &
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
"With great esteem and regard
/ am, dear sir, &C.,
GEO. WASHINGTON.


II is pretty evident, says the Gin
cinnati Enquirer, that the Father
Of this Country was, in his day and
generation, what would be called a
hard money man. He thought there
was no necessity for paper curren-
cy, although there was but little
specie in the country compared with
what there now is, since the immense
yields of the gold mines in Austral-
ia and California. 1t has been de-
noDstrated over and over again, by
incontrovertible figures, that there
is gold enough 10 supply the place Of
onr present bank-note circulation,
and that, by dispensing with the
latter, Re can have it without any
material diminution Of the circula-
ting medium. Why, then, should
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
Broken Bank Notes Taken.

HHE undersigned Offers for sale 49,
Il six year old Filiies and one <c5N
fine year old yacsk--all to be sold togeth-
er--for Tennessee paper. or other Bank paper.
GEO. Y. HEBB.
Mulberrv. Oct %. ls57-tf
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
TEXAS.

A subscriber, writing to the edi-
tor Of the Columbus Enquirer, from
Smith county, Texas, gives the fol-
lowing discouragiug prospect for en-
igrants to that country. From this
account, We think Tennessee will dc
to live in yet, and coincide with the
advice Of our Texas friend, who
says:
Tell the people Of Georgia who have
a mania for Texas, for Gods sake to
keep out Of it this season.. Provis.
ions are too scarce here to feed emf
grants. In the counties over which
| have lately travelled, namely-La.
mar, Red River, Bowie, Hopkins
Hunt, Titus, Cass, Wood. Upsher
Smith, Rusk, Cherokee, Harrison,
Pamela, Sc, the corn crop, except
in few localities, is unusually short
Corn, in the most favored sections
is now selling at from six bits to one
dollar per bushel. By the first o
january next it will sell much high.
er-since, as there is an entire and
universal failure of the mast, much
more corn will necessarily be con
sumed in Eattening hogs than is usu'
ally required iu Texas. Farther
West, the state of affairs is much
worse. In the prairie country, COM
prising the Western and Northwest
ern portions Of The State ali almost
entire failure has been, experienced
Bacon and pork neXt season viii BIZ
difficult to obtain, excerpt In the New
Orleans market, at any price.
have thought it proper to make
this statement, and if Georgians per
sist in coming out this season, they
will do so with their yes open. My
advice to them is to ''wait a little
longer" j. B., P.
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05
SHOES.

AIDES ard Geutlemen's Shoes ID,
IL at Csc to 81 so per pair, which IN
is great deal Less than the original 49,
cost. WEBB & McPHAlL-
March 5. 1857.
Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1857-11-05

caz} = 4 ISL SIR q
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22
Direct EsaspOrtaEiO9a.

.
FALL GOODS! FALL GOOD s.!
D. H- HoI M ns,
Having added large building to our already extensive estab.
lishment, we prepared TO offer
LARGER VARIETY OF GOODS,
and would call the attention purchasers 10 the opening of our
FALL STOCK,
which will take place MONDAY NEXT In point of
ment and extensivcness will be found UNEQUALED IN
THE CITY. ia w. IS
Mr. HOLMES having personally attended the purchas.
Ing the greatest been taken select
RIGS as also the NEWEST and RICHEST productions our
ne-the following being the leading items: ege
RICH SILKS, Of every description.
PARIS AND NANCY EMBROIDERIEs.
FRENCH LINGERIEs, for all ages. ~.
F % WOODEN IMPRESSIONS, all styles. 7
COTTON IMPRESSIONS, Pyramida styles.
CASHMERE ATLANTUs, in all designs.
RICH EMBROIDERED SILK POINTS.
EXTRA RICH C1RCASSIAN SHAWLs
lMPERATRICE an fall, 1851
THREAD LACE POINTS AND sHAwLs.
ROBES AQUILLE. in all materials.
FLOUNCED ROBES AQUILLE in all materials
LYON vELvETs all colors.
POINT AND vALENCIENNEs LACEs,
MARQUIsES AND PARAsoLs. ri
r7 REAL LUBIN'S PERFUMERY, ETC., etc.
Also a large assortment Of
SUPERIOR ENGLISH HOSIERY.
With every possible description Of
HOUSE FURNISHING GOODS!
In addition which have hand all every ar
Gle suitable for PLANTATION purposes, such as
BLANKETS, KERsEYs, LINsEYs,
LoWELLs, CoTToNADEs, ~
sHEETINGs, ETC., etc.
D. H. HOLMES,
SELF 2pl2t lag Canal street.
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22
Wines and Liquors,

l7......... ROYAL STREET,..............I
Asuppy of CREME DE BoUzY CHAMP ACME, in suarts
pnts constantly hand which equal the ha
comes to this market.
Also.
OTHER BRANDS OF INFERIOR QUALITY.
SPARKLING and STILL HOOK, MADEIRA and SHERRY
WINES.
RR d. ES:
sAZERAC of the Vintage of 1885, 1888 and 1905 and ohns
brands.
w III X Y:
OF descriptions-Scoch Irish Rye and Bourbon.
ALE and PORTER, In pints and quartz.
:. Also.
On hand, usual assortment of the WINES and
QUORS in the market, which be on as reasonsb!
terms any othe heusen the city.
SEWELL T. TAYLOR,
d. 2p1y No. II Royal street.
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22
lcoMM us1cArEp.l

EDS. CRESCENT Gentlemen: Feeling convinced that
the taxpayers Of New Orleans-who are continually
complaining of the burthens Of taxation-are not
aware Of the reasons that have compelled the City
Council to retain the figures that seem to be exhorbi
tant give you below the properties, capital. etc.,
that have been exempted from city taxation by the
different Legislatures of the State Many of them,
you will observe, are Of nature to warrant this
clemency, whilst the greatest bulk in the budget
should be as much liable for the support of the city
as the income from clerks salary:
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22
J. 4 I,1atfo,.n, ats can stand On.,,


ALFRED NROE CO.,
ss 81 Magazine street, corner Of Gravier *
Beg leave their old friends customers that the
same Principles which have for the last FIFTEEN
$4 YEARS governed their Houses are v
still adhered to. 84N F
zone Price and no Deviation.''
And shon any dissatisfaction exist after the purchase of
the Goods they may returned exchanged OF the money
will be cheerfully refunded.''
By steamships Empire City aud Black Warrior the House
have received splendid assortment Of
MEMS, BOYS AND CHILDRENs CLOTHING.
AZ so I @e$
FURNISHING GOODS.
weknown fact that the Clothing turned out by this
House made in superior manner
line of business usfes us in stating that
this excels all former efforts Of our
worthy partner Alfred Munoe whose superintendent
they gotten up G
PARENTS AND GUARDIANS
Your attention particularly splendid
t.'fa lnent of As '# af.A
Boys and ChiIdren's Clothing
rs. Both for Dress and School purposes -|.-I
INDIA RUBBER CLOTHING AT FACTORY PRICES
TRUNKS, CARPET. BAGS AND UMBRELLAS
ALFRED MUNROE 4 CO.,
M "a Magazine street,
sell 2p6t Northeast corner of Graver street.
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22
A GARD.

Having been induced by the Misrepresentation Of number
Of individuals to sign list which appeared in the Courier of
Sunday last and in which list made appear have
withdrawn from the American party hereby positively
thnt having Joined party withdrawal imposs
bs independent mannow besore-shall continue
to be long fit and will for whom
Droper-u ntrammeled by party dictates.
OSCAR @. RODRIGUEZ
New Orleans September q, 1857.
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22
Read This :!

y24 2py Sole Agents in the United States for Lea Perrin
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22

r.. .tEn!Nrd $ Co.,
Nos. IS and 60 Canal street, corner Of Old Leyee.
We have just opened very large assortment of
FALL AND WINTER CLOTHING
OF THE LATEST STYLES,
which offer for sale at Low PRICES Our assortment
sists in part Of
Fine French Cashmere OFFICE SUITs-Coats, Pants and
Vests alike.
Fancy Cashmere PALEToTs, SACs, OFFICE COATS
Tweed and Satinet :.
Black Cloth EROCK COATs-At all prices.
Pilot Cloth, Beaver Lion Skin RAGLANS, OVERSEAS.
BURNoEs, CLoAKs, etc.
superfne Silk Plush SUITANA RAGLANS.
MOSCOW ovERCoATs, trimmed with Plush.
Fine Black Doeskln PANTS.
Colored Cashmere :.
Black and Colored uniou Cashmere and satine PANTS
Silk and Satin VESTS.
Plush and Velvet VESTS.
Cashmere and Satne VESTS.
BLANKET COATS.
Flushing MONKEY JACKETS and COATS.
A complete assortment Of
Youths, Boys and Childrcn's Clothing,
Consisting Of
FROCK COATS, RAGLANS, Monechristos Tamas Togas
oversees, Jackets Panialoons, Vests, etc.
We also have fine stock of SHIRTS Undershirts Drawers
Socks, Cravats Gloves, suspenders, etc.
z. MALARD & CO.,
IS and 60 Canal street.
sell 2pateod<W corner Of Old Levee.
New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-09-22
n. Daxs.el r Co..
GENERAL sTATIoNERs AND BLANK BOOK MANU-

FAGTURERs,
3y............ Charities Street, ,........y... 30
Have just received per Empire City, choice selection oil
Bronze Fancy Glass Inksapds suitable for Banks Insu
Companies and Merchants Offices also numerous seec
ton English French and American Blank Book Papers from
the best manufacturers We have the best Of workmen Il
work. and feel prepared to meet the wants
friends and the public in general Merchants and other
DESTROYS of having full set Of Books made for the coming
would do well to give call before giving their order
elsewhere, confident after examination OF ou
stock to gain liberal share Of their patronage Our stocl
comprises everything that the public want in our line
Of the best quality. We solicit call. 4Faf
P. DUREL & CO.,
SEA 2ptf , "a - fBE ~ Chartres street.