Delaware weekly Republican. [volume] (Wilmington, Del.) 1841-188?, 1857-10-22

mall 4 This Is poetry, but Ills not truth
name Is often important2 Il is important "a rols
en- sltys to call it, o Bank, the Savings BANK 10
it is Implicated, In the minds 81 many
Iiih the Rank difficulties; and the panic With respect
Banks affects IL although the cause OF this panic
~ ID this society Lett 1t BIO understood,
hat tbe savings Fund Society has not single quail
v Of a Baak; mas aothing 10 comtnon with Banks
3anks hare capital with they trade 10 money
md this trade like ali traffic, must be more or less
,enturesome to be profitable. Hence the panic with
aspect to Banks although the Banks Of this State
ave passed through every money crisis win safety
ind at this time the people Of Phtlaielphta prefer
mr. Bank notes to their own The Savings Fund
loes not trade; it ventures nothing IL receives
money from depositors, and loans ~ 40 soon asgoo5
ourity Is offered at interest. The Savings fund
IF this city loans upon bond and mortgage and 10
syery Loaf careful inquiry is made Of the value OF
the property morsgagsd, and the character Of the
person borrowing. For every dollar for Whc the
Society is liable to depositors IL has COED bond ana
mortgage There is a sufficient surplus 70 meet |
emergencies a partcf which is loaned within view |
to a speedy call The committee who make tine loans,
are Eve Of as careful ever were 10 thts CITY,
they are not yensureseme and ,hey nave no motive
loans and every year another committee examines
every loan and reports upon its security 10 the al
rectors. When depositors demand their money, the
aoci ETY. calls upon those tolwhom loans nave been
made, unless there happen to be money on hand not
ltaned The only consequence Ct such deaand, Is
to compel the society to call 10 money we'll secured,
when il would be better Tor depo'ors that 1t should
remain as secured.
A Reasonable Mans--lt is stated that gen
tleman purchased house in this city few
weeks ago, on which there was a mortgage OF
81 900. He waited on the holder OF 1t, wheE
he was told that il could remain on the pro-.
perty, and arrangements were made with this
understanding. A Jew days ago, however, the
purchaser was surprised by the mortgage wish
ing to have his claim liquidated, on the ground
that money was now worth three per cent. a
month. He dill not, however, wish that sum-
| he would be satisfied with tive per cent. and
if that rate was paid, he, generous man, would
not require the payment ofhs mortgage. Acts
of this character make hard times, and bring
to mind the old quotation in regard to Shylock
who was determined to have his money or the
pound OF flesh.
II tough Cnsfomer.--It is reported that a man
stepped into one of the mills at Brandywine, a
| few days ago, and asked for some flour. He
was told by the gentleman incharge that he
was not the owner of any. The man replied
| you have plenty OF it stacked up here. That
| is true, rejoined the other hut ii belongs to
other parties. The reply to this was, am
| out of work, You will give us no barrels to
| make, am out ofmoney, and it will not do to
let my wife and children starVe, aud will take
| some of that flour at any rate. Suiting the &C
ton to the word, he threw bag on his should
| unmolested.
Meeting of The agricultural Society.-An ad-
journed meeting of the New Castle County
Agricultural Society was held at Almonds
hotel in this city, on Saturday morning last,
Bryan Jackson, President in the Chair and
George r. Townsend, secretary.
On motion Messrs. Craig Il Tatnail were au-
thorized to collect back dues from members,
and charge commission of ten per cent. on
the same.
On motion, DR.. j. A. Brown was authorized
to procure a medal worth $40, to be presented
to the fire department.
On motion, adjourned to the first Thursday
in November, when officers will be elected.
A New Country Seat.-Mr. Phlemma Chan
dler, House Carpenter, of this city, has con-
| tracted to build a large dwelling house for
| Joseph j. Richardson, on beautiful site near
| Newport, known to many by the name
of s'Richardson's HILL" This house is to be
AZ feet front and SO feet deep, with back
building 20 feet in wedth, 30 feet in depth and
| three stories high. We understand this house
will cost when completed, from six to seven
thousand dollars. Messrs. Perkins Il Weldie
have contracted to do the brick work.
/ Hard Times.-Take care OF the pennies and
the dollars will take care of themselves, is an
old proverb, and we believe true one, and oul
citizens can take care and profit by this hint il
purchasing the best Drugs, Medicines and
Toilet Articles at the lowest possible prices
which can be done if they patronize Edward
Bringhurst 4 Co., Corner of Sixth and Marke
y Streets, who it is admitted have the best med
i.,i,,..s t.sNos. an SOUR
2 Bank notes taken at par, and liberal discour
~ allowed to those purchasing with specie by l
B. x Co.
ar Masonic.-At special meeting of the Gran
! Lodge of Delaware, A. Y. NJ, held at the M
ID sonic Hall in this city, on Tuesday last, Il
= following gentlemen were duly installed al
n proclaimed Grand Officers -
d, 10 M. W. Grand Master, Alfred p Robinson.
Q. r. w. Deputy Grand Master, Edwin j. Ho
ID per.
t R. W. Grand Sr. Warden, Daniel Godwi
80 X. W. Grand Jr. Warden, VIM. H. Dobb.
a r. W. Grand Secretary, VIM. H Hayes
y W. Treasurer, VIM. White.
lie The Brandyiuine MiHs.-Several of the mi
"a at the Brandywine continue to run full tim
= and the farmers may there dispose OF the
Il grain as heretofore. We arc informed
,e Messrs. Tatnall Y Lea that they have never I
!, fused TO buy and pay cash for any merchantat
y wheat or corn, coming to their mills, and if al
.. wheat was hauled back to Chester county,
vt stated in the Republican on Monday, sit W
{ on account of its Inferior quality rendering
= unfit to be manufactured into superior flour
ID Iacemdiaries About On Thursday night Ia
~ two attempts were made in this city to set fl
I. to houses. The frame buildings on the ea
a side of Walnut street between 9th and lot
: and those in Sixth street between Walnut al
It Poplar were each marked by the incendia
g for destruction, and an attempt made to Il
e, them. Fortunately, however, the diabolic
q work failed OF its purpose as the fires went o
a. without doing any material damage.
1t Notice TO HE Public in Gsneral.-Will be so
q, at public auction ON Wednesday next, Octob
= 21st, all that extensive and varied stock
!, Fancy Dry Goods, belonging to John ONE
a at No. 121 Market street, between 4th and
10 streets, and to be sold by VIM, II. Naf' Au
as tioneer. Store keepers would do we'll to p
particular attention to this sale, as there W
n, no doubt be great bargains obtained.
e. Debating Society.-The Red Lion Debati
70 70 Society has recognized, The following que
m tion was discussed on Tuesday evening last
~ sShould capital punishment be abolished ~
az DIR. James l.. killgore, VIM. p. Roberts a
rs Jas. II. Groves, sustained the affirmative, a
in A. Sheldon, James Kittlewood and John
ed Cox, the negative. Decided in the afhrmati'
vs. Neto Ho@ss.-Mr. Jonathan Brown, Of smyr
cd has just erected commodious an we'll fnist
an frame residence on his farm, in this Hundred, alb
"A four mileH iIom Smyrna, on the Delaware Railro
ne Messrs. Smith Hazel. architects. Mr.. IS ia
nd Is in excellent cultivation, and annot be surpas
~ ia the county for good natural qualities Of sOil
nd Pafke Beniamin.--We are informed Il
ng Arrangements have been completed with I
'rs gentleman to lecture before the Young Me
ut Association before the close of the pres
month.
~ RESUMED OPERATIoNs.-The Union Al
40 Company, at Hartford, CT, has effected an
- rangement with its creditors, and resumed
~ erations. This is said to be the only conc
nv IN the country that makes the Mimic rifle
he THE YIcIssITUDEs OF COMMERCIAL
10 Months since. the partner of a CONNER,