davidaulloa/AmericanStories huggingface dataset:
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
INTERESTS ON DEPOSITS

The Boston Advertiser is discussing in
a very able manner the practice of the New
York banks in paying interest on deposits,
a system not allowable in Massachusetts.
The subject being one of general impor-
lance, we quote few paragraphs to show
the miscellaneous results which follow: y
1.-The banks in the city of New York are
anxious to secure deposits of money, even
if they pay say four per cent. interest on
amounts less than $4,000, and five per
cent. on larger amounts. They think this
a profitable business, because they expect
to loan the money again at a higher rate
of interest. The offer appears tempting to
individuals who happen to have money on
hand awaiting investment More particu-
larly, country banks are allured by this
promise of interest to deposit with banks
in the city of New York all the funds which
they do not require for immediate use.
They are even solicited to do so, by circu-
lars sent out by city banks. Such country
banks, at particular times, of course have
on hand considerable fund after they have
discounted as many notes as they dare, and
it seems to be harmless act to put this
money in New York, where it will draw in
terest, rather than let it lie g idle' in their
vaults. 1t can be recalled from New York,
it is supposed, at any moment when 1t is
needed for the redemption of bills. The
city banks, in thus appearing as borrowers,
go beyond the line of their Legitimate busi-|
ness.
So far the practice is bad enough, but it
is worse in the next stage of its consefuen-
ces. The New York city banks, by their
successful solicitations for these deposits,
find themselves possessed of considerable
amount of funds. on which they are paying
four to five per cent. interest, They, on
their part, like the country banks, dare
not use this money in discounting notes
with even a short fixed period to run, for
they know that it maybe recalled at any
moment by the depositers. So they are
glad to lend the funds to brokers, on de-
mand, taking any sort of security that may
offer. They begin second series of solicit
tations to find borrowers outside the ranks
of their regular customers.
The third stage of the business, accord
ingly, witnesses brokers, without any sub
stantial means, invited and tempted to bor-
row their spare funds, on demand, at seven
per cent interest. The brokers give some
sort of Railroad shares as security, and
enter into speculations with the money they
have thus obtained. When their specula-
tions fail. the security which they have of
fered must be pressed upon the market; it
of course proves unavailable to cover the
debt, whereupon the bank goes down, and
the unsuspecting depositer loses his money.
Here we see a common cause for the near
ly simultaneous failure of three distinct
classes of operators. The recent events in
New York have precisely illustrated this
effect of the system. The whole difficulty
arises from too great eagerness to make
money productive.''
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15

THE SUGAR CANE IN TExAs.-George w.
Kendall, who owns ranch in Texas, and
has been very successful in raising the
Chinese sugar cane, writes to the New
Orleans Picayune as follows:
Many of my friends in this section are
sanguine that this new grain or plant will
drive all others out of the ground, or that
it will at least effect perfect revolution in
the way offarming in Western Texas. They
are saving the seed to plant for bread, and
they are making syrup and sugar of the
juice of the stalk, they are feeding it out as
green fodder and saving it for dry. No
part of it is wasted; cattle, horses, sheep
and hogs eat it clean, from the ground
upwards, when the stalk is ripe, and gain
strength and grow fat upon it. An
immense quantity of it will be planted
next year.
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
AT NEW YORK cos

AT NEW YORK COST.
It is entirely unnecessary to tell you
what we have. but would request you to
come and see for yourselves.
Perhaps it will be asked why we are sell.
ing off at cost! We don't do it because
it is fashionable, but because we have con.
nected ourselves with large Manufac-
turing House at the North, to take effect
the lst JAN, 1858; and we don't want any
of our present stock on hand. So come,
one and all, buy our goods at COST, pay
the CASH, and help US on in our honest
designs.
SPRINGS. q HEATH.
Sept. LIST. 72-tf
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15

FIGHT WITH THE 1NDIANS.-The Austin
(Texasl Gazette, of the 22d ult, has an ac-
count from Fort Lancaster, of two engage
ments between the Indians and U. States
troops. 1t says:
In the first engagement Serg't Theodore,
of the Sth Infantry, was killed and scalped.
He was one of party sent out to escort
the Fort Davis mail, and was attacked by
the Indians about 90 miles from Fort Lam
caster. Capt. r. S. Granger, of the 1st
Infantry, stationed at the latter fort, very
promptly sent out a detachment of forty
men in wagons to overtake the Indians if
possible. They were hidden so we'll under
the canvass of the wagons, that the Indians
could not see the force brought against
them, and were induced to make an attack,
The men got into position as soon as posi-
BILE, and fought bravely, killing two Indians
! without injury to themselves, but they were
wholly unable to strike an effective blow.
The Indians were mounted and armed with
Sharp and Mimic rifles, and when they got
tired of the fight, rapidly fed. Daring the
engagement the command saw body of
Indians passing up the Pecos, on the other
SIDE with between fifty and seventy-five
horses, doubtless all stolen; and though
at only distance of eight hundred yards,
the United States troops could do nothing
because they were on foot.
The Texan learns that Capt. Whiting, of
the I'd Cavalry, who went in pursuit of the
Indians tina attacked Capt. Wallace and
his party with the San Diego mail, had over
taken the Indians and captured all the
mules and horses taken from the train.
Tho alt, r
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
DIR. B. CHEARS

Having located at MONROE. tenders his ,ro
fessional services to the citizens of the Td,rn
and surrounding country, and respectfully soil
cts their patronage. '0'1-
- Office at j. Bickett's,
April %. 43-3m
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15

In speaking of an elective judiciary, the
National Intelligencer says: THAT the
first effect of this system, as seen in the
present instance, is to repel from such
distasteful and humiliating competition the
men who, by their legal lore and forensic
ability, would grace while they fill this
responsible station" The instance referred
to is that of David Paul Brown, of
Philadelphia, who, declining the nomination
of a Know Nothing Convention for the
office ofJudge, says: Il trust am already
too good Judge, at least in one sense, to
accept judicial position in the Court of
Common Pleas, or any other court that is
dependent upon the elective franchise, or
political or party feeling" Wherever it
may be found, an example of this character
should be commended to favor an imitation.
Never was greater stride made upon the
downward road than when the election of
judges was assumed by the people.
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
Prof. DeGrath's Eleetri. a.,

The ELECTRIC 0IL.-Eleetric
Pain is the promonitor of death, reli.r0 es-
pain and you check the disease ieVe the
Prof. DeGrath's Electric Oil is.h
of the age, for the following, (nos . ael
thing: \'0' every
Cures Rheumatism often in day.
Cures Neuralgia, Toothache two
lures tramp In stomach, five minutao
Cures Burns, Wounds, Bruises, one - -;
days; 'nree
Cures Headache, fifteen minutes.
Cures Earache, Stiff Neck, Ague ana
Cures Piles, Swelled Glands, ten dav. hght;
Cures Felons, Broken Breasts. Salt 81
two to six days; iNueum,
Cures Hemorrhage, sefofula, Absees. :.
to ten days; sE
Cures Frosted Feet and ChllbIains on.
three days; 0Ne 10
Cures Asue and Fever, one to two d,r.
and all nervous and scrofulous affections ''
Cures Dea mess in one TO four davs
Cures all Pains in the Back, Breas.
in two days. &c,
IS an example of the estimation in NIL.
it is held by of the ablest jurists and mich
tiers on law, &c, in this country , VII.
give letter received by Prof. d, Grath e WIZ
John Livingston. Esq Editor of the rom ION
known Monthly Law Magazine, 157 R, wen
way, New York, word of such testimon,'a'
of more weight among the best Glass;
the country, than volumes from upknou
sources
GERARD House., Philadelphia, Nav 7 ,e.o
Prof. harles DeGrath-I freely giva - ;,
my opinion that your Electric Oil" is ans
the most wonderful remedies of modons
times. At the earnest request of ladv uta
alleged she had been relieved of most r.; nv
ful affe C ton by its USE was induced r. .I
a bottle, though at the time of pure has;rn
fully believed it TO be quack medicine 81
a catch penny humbug. But a trial COW
cts me that it does possess a magic nora,
and its use will prove blessing TO a sufsr'
ing humanity.
l recently took a cold from sleepinu i
damp sheets, and my neck became so muaL
swollen and painful, that could not turn NV
head.
After using, without success, evervtb;ro
prescribed BY my physician, l last evening
tried your Electric OIL. This morning am
well, the relief having been as complete as
itSwas instantaneous.
Yours very truly,
JOHN LIVINGSTON
Ec. Monthly Law Magazine
CAuTIoN.-There are numerous imitatior.
spring4ng up on the reputation that my erti.
Gle has acquired. The public must beware
They afe worthless.
o. For sale in Charlotte by DR.. II. NJ
PRITCHARD, Druggist, sole Agent, and
by Druggists and country merchants gen.
orally in the United States.
Sept. is. Pm.
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
Dissolution,

The firm of MILLER & ORR was dissolved
by mutual consent ION 1 on the 9th of July Those
diate payment. RI & MTIE I1I,n0
Aug. a, 1857. OAYID ODD
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
ATTENTION I

FOR the purpose of more complete Military
organization of the GID, Goth and 9Th Regiments
of the llth Brigade and the 95th Regiment Of
the 14th Brigade N, c. Militia, you are hereby
ordered to appear before me at your respective
places of Reviews as follows, viz:
The Officers and rank and file of the Goth
Regiment to appear at the Court House in the
Town of Charlotte, N. c., on the 18th day Of
September next, at II o'clock A. NJ; and the
Officers and rank and file of the 62d Regiment
to appear at the Court House in the town ofCOn'
cord. n. {, on the 18th of September next, at
II o'clock, A. M, to elect Colonels, Lieutenant
Colonies and Majors to fill the vacancies in the
respective offices aforesaid in said Regiments
SAMUEL II. WALKUP,
Brigadier General,
Commanding IIth Brigade N. e. Militia
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
.-->>>><<<o~es>>

A REMEDY NOT IN THE BooKs.-An
epicurean dyspeptic applying to physician
for advice, was told to steal horse. He
would be put in the penitentiary, the diet
and exercise of which would restore him.
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15

The Boston Post perpetrates the follow
ing: 1t is said of Eugene Sue that though
a professed Socialist, he lived like prince
In the same way some four people, through
professed Christians, they live like the devil.
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15

Paddy says a joker, why don't you
have your ears cropped-they are entirely
too long for rnan?''
And yours replied Pat, ought to be
lengthened-they are too short for an ass
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
HEADQUARTERS,

CHARLOTTE, N. G., July %, 1851
GENERAL ORDERS No. /.
Commissioned and non commissioned 0f-
GERS and Priudtes Of the 62d and 6oh
Regiments Of the 1lM Brigade Of NJ C.
1TjIjt;D
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15

The editor of an Ohio paper publishes
the names Of his subscribers who paw ND
promptly under the head of Legion of
Honour"
The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1857-09-15
EC. Monthly Law Magazine
NC
AT COST.

A chance is now offered to the commu.
nifty to. obtain rare bargains out of our
varied Stock of
CT o ING
and Furnishing Goods,
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-08
Our Washington Correspondence.

NAsHiNGToss Dec. " 1901
The Kansas Qucstion-Tiar in Washington he Subject
The Contes, for Printer, 6c dc
Kansas the all absorbing topic at the federal capital
Members Of Congress Of the democratic party not OF
accord in their views This difference y not positively
sectional for The Southern members do not agree among
themselves and those Of the North not unit This
difference notice. Is not well defined, and there Is dis
position generally TO investigate further and 10 wait for the
Presidents message and for additional information and de
vcopemen,s before taking position. Even Judge Doug
las while he has expressed himself freely IN conversation
among friends in opposition 10 what understood 70 be
the views Of the administration waiting FOR the "movng
Of the waters" This Ia characteristic Of te Senator from
illinois, Many afraid that he has passed the Rubicon
II IL hoped, however, by his staunch democratic friends
that he viii not by stroke destroy the edncc which the
labor Of his life has been erecting II 10 him The
other day by friend that would be surprising 10 see
him amer having held the baton of marshal, take the
command of DIVISION This significant double entendre
ought 10 make the Judge rise IN time. f may Judge
from the manner IN which he has expressed himself
already, and frm his present intimate relations with
Forney who here and with others cf the faction which
has broken definitely with the administration fear ire
will allow his position regard 70 the approaching sena
capital with view 10 the Presidency, 70 lead him into op
position Should Judge Douglas take such position be
viii make fs,a mistake, for while there undoubtedly
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-08
City Intelligence.

ASuSIAvERY FAIR-Aecording to announcement, the
anslavery people opened fair yesterday evening in
Of the rooms Of the Mercantile Library building Astor
place. and for the information those who desire pat
ronize it, we may state that will continue TO day and
to The object for which 1t has been got up is
tod partly for the assistance Of the fugitive
slaves passing through New York, and partly for the
support of the ntisavery All those therefore
who in favor of the object will doubtless give mate
rial aid IL the hard times have not already cmptcd their
purses while those who do not tsympahse with the object
encouragement whatever. The former will find
al the fair a great variety OF useful and ornamental
articles among which some exquisite specimens Of en-
brodery and other very beautiful samples OF needle work
from the hands Of the farer portion Of the aboonsts
The tables arranged with good effect, and 1t will
not succeed in sutng every variety Of taste large
portion OF the goods displayed were made by the ladies
themselves who have been employed for several weeks
in making the stock for the fair. they don't realise
the expectations they have formed will certainly not be
their fault for they have done all IN their power TO make
purchasers not only out OF the aboonsts ybu
OF the occasional stray vster ON the other side OF the
subject who may happen 10 give them call
Tm TAMSAsy SOCIETY held meeting at the Old wigwam
last night and decided to commemorate the battle OF New
Orleans usual by ball and supper the sh of Jan-
next TO which all the the distinguished In the
democratic party will be invited. II IL expected 10 be
quite love feast Of the faithful and the Tammany braves
well know how to make these occasions interesting and
profitable. There no other business transacted
ANOTHER STEAMER TIE HARLEM RourE.-The keel for
consor 10 the Sylvan Shore TO the route between
Peck slip and Harlem bridge, laid yesterday by Mr.
Thomas Coyer at the yard foot OF Forty fourth street
East The boat Will bc launched about the first
Of March and will be ready to take her place the line
in he
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-08

institution of slavery denouncng the recent outrages per
peuated Kansas by the administration party rcpudi
a.ng Ie 1comrton constitution procIaimng that the
people shoud e permitted TO form and regulate their
nsuuuons IN tneir own way, and declaring determine
uon 70 resist all ouages upon popular rights and doing
So they invoke the support Of the people OF the United
states, without distinction Of party.
Rumor says that the Cabinet demands Of the President
support OF the Lecompton constitution and the President
WIZ comply, IN the event that Governor Walker will
turn 70 Inns CITY and issue address to the people Of the
united S,ates developing the future policy Of Walker
Douglas, forney Co. Mr. Forney is here closeted with
Douglas
j. CLANCY Jones asserted in democratic caucus that
Wendeil's money carried Pennsylvania for Buchanan.
sPECULATIoNs ON THE UNITED STATES TREASURY.
From the Philadelphia Ledger, Des. 81
Tne new members OF Congress, II is said, will probably
draw nine months pay on the meeting of the st
next week The members OF tho house are salaried
50 600 per annum The term Of the present Congress
dates from the 4h March last and the construction put
term will be payable if demanded on the commence
ment OF actual service the first Monday in December If
So the treasury will be drawn upon once for $500 600
5000, 900 for this object
One Of the earliest of Congress IL Is believed will
be to authorize issue a. Treasury notes, bearing
nominal interest OF say one mill per annum TO supply the
deficiencies IN the revenue The department requires
balance OF about s!x millions Of dollars TO be hand,
shect to draft at is repositories and mints, TO conduct
the business OF the country, and 10 grant the VISUAL ac
ties for coming gold dust, &c.
On the report Of the amounts subject TO draft at the
close Of November the total down TO ~ 82S 46l
and Will be considerably lower by the meeting of Con-
gress the 9Th instant Tho policy of treasury notes
will probably be adopted preference any other form
OF government ioan rst because OF its relative cheap
and secondly account of its greater convenience
TO the public and to the banking movement in the
mercal cities Receivable for all dues 10 the Custom
House, land offices, &C, the notes will be- they will
answer all the purposes Of gold and be regarded by
the banks, as well as by the government creditors
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-08


for an English recruiting establishment would be opened
at Suasbourg on the LIST OF December.
We have the following news from Italy -
Ihe election returns from Piedmont still Incomplete,
but continue 70 favor the government
Count favour had pronounced against the forced
rency Of bank notes.
The Genoese journals the death Of the emf.
nent naturalist, the Marquis Macmillan spinosa
Lisbon dates are TO the 18th November Yellow fever
was still ravagng the city the number Of deaths being
about eighty day. The Cardinal Patriarch had died OF
the fever.
The latest details OF the gunpowder explosion at Nay
ence report the recovery Of twenty eight dead bodies and
the number OF wounded at many hundreds Fifty seven
houses were completely destroyed while there
house in the town which had not less suffered
boiler explosion at cotton warp factory in Hudders-
field had killed nine persons and wounded many others
In the English Court OF Chancery of considerable
Importance To railroad shareholders had been decided
The preference shareholders the Northern Rail-
road Company brought suit against the company, in
which they maintained that preference stock carried
fixed rate of interest," to be paid full before the ordi.
nary shareholders could claim any dividend whatever.
Judgment given in favor of the preference share
holders. The litigation in the was caused by the
Redpath frauds.
1t Is stated that the British government at the last mo.
mept refused to enter into the pending agreement with
Austria to only the projected Austrian line in it's telc
graphic communication with India.
The steamer Angesaxon left Liverpool for Port.
land at noon the 25th of November.
The steamship City of Baltimore, from New York, ar
rived at Liverpool on the 2Sth ut
The steamship Persia arrived out on the 2lst.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-08
New Jersey Items.

confession oF THE CINCINNATI BuRGIaR.-one OF the arm
of 6 X. sueve Co. OF Cincinnati, whose jewery store
robbed about week ago arrived in Jersey City yes
terday afternoon, and upon seeing the young man who
arrested upon suspicion or having committed the
robbery (who gave his Charles T.. Warren), at
once recognized him resident of Cincinnati where he
had always been known by the Of Smith, instead OF
Warren. He also fully identified tho property portion
OF that stolen from their store Smith, yesterday after
noon after finding that he fairly caught confessed all
the particulars Of the eobbcry lie said that the balance
or the property concealed Cincinnati and expressed
entire willingness 10 return 10 that city without waiting
for requistion II s understood that be will In compa
ny with Mr. Strcye and Chief Of Police Hanes, start for
there 70 day.
ANOTHER ISJrScnoS.-Thc Supreme Court of New Jer.
sey upon application Of for the three dismissed
Hoboken Water Commissioners, granted injunction
Saturday, restraining the now Board from taking any
action the matter Of introducing water until the further
order OF the Court II served the Commits.
Saturday night and makes the third process
now pending In the case.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-08
The Street COMMISSIONER Case Revived.
COMMON PLEAs-sPECIAL TERN.
Before Hon Judge Daly

DEc. 7.-Patrick Tracy Us. the Mayor, Aldermen and
Cmmonalty Of NeO York.-On motion of Mr. Field the
following order granted:-The injunction and order
TO shew in this having been served Daniel
D. Conover and he appearing this day by COUNSEL and
after reading his affidavit moving that tho injunction be
denied to him and the Comptroller, it is ordered that
the plaintiff show before of the Judges Of this
Court at special term To be held at the City Hall of the
city Of New York, the 18th day Of December inst
10 O'Clock A. NJ why the plaintiffs attorney should not
upon the attorneys Of said Conover copy Of the
complaint and other papers which the said injunction
granted and why the injunction should not be dis
charged and denied 10 the said Daniel n Conover and
Azariah G. Fagg, and far the Street De
partment Of the city OF New York. and why the said
Daniel d. Conover and Azarah G. Fagg should not be
made parties defendant TO this suit.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-12-08

Arizona Territory, and j. B. Dow appointed Postmaster.
Lieut. Aowry will be admitted 10 seat in Congress the
delegate from Arizona.
Naval Court No. organized to-day, and took up the
case Of Lieut. VIM d. Porter, furoughed No witnesses
being in attendance the Court adjourned In Court No.
the Of Lieut. Steele continued Documentary
evidence submitted and Lieut.. Bushrod w. Hunter
was examined for defence. Before Court No. more
documentary evidence was submitted in the case of ex-
Capt. Levy.