davidaulloa/AmericanStories huggingface dataset:
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
LIABILITIES.
D. WEAVER, Cashier

u. REAfEEe, OuNttGH
Tn footing m the items Of the Banks immediate
liabilities. viz their promises to pay in the shape
notes $685. l4O; due to depOsitOrs, S4sS, 144
rs we find they make the snug little sum OF ore NIL
lion one hundred and sixty four thousand eight
hundred and eighty four dollars and seventy i've
cents-nsw how is this to be paid 1t is now DUE
and the people are asking every day a. its onees
for payment. The Bank suspends, aud althoug" ten
ing they abundaatly able 60 through
vet when an exhibit is made of its giant proPos-
tions they show they have active assets as follows
Gold and Silver 1852, 05S65-sight exchange SltV,-
725l2 These two items make up the sum OIL
S492, 778 IT, This sum is not enough to pay Its de
positors and leaves the holders Of its circulation
nothing but its bills and notes or notes OF rear
estate suspended banks to look to far payment
Among its assets they place the sum Of Sll4'5Zo
"a due from the Bank of Tennessee. This amount
will not pay the Bank the amount OF STOCK TRANSFER
rad bv tie State to the Bank of Tennessee Inc
stock held by the State Bank in the Planters Bank
amounts to 1922, 700. As the Planters Bank has
spsnepded pavment it should be placed on the sane
footng with an Individual and its assets should 60
nav its liabilities. You have already shown lna'
ii
its depositors and note-holders were not proVlueu
for-tbattbeir active assets gOud not meet its dues
to depositors aud note holders, unless they took
notes and bills or real estate wait until the BANK
can collect its debts. Now how is the Bank oil Ten
nessee to get its stock from one OF the institutions
that only wanted confidence? The Bank must "ai'
until depositors are paid and the circulation redeem
ed. Who will clearly examine such statements ana
saw that the Bank could have paid through this mo-
new crisis? Banks sometimes play the " bluff game
and brag high when they only hold " little misery
in their hands.
Pair play is jewel" and iii right that Inc
people should know something of the thigh ways
and bye WAYS" of banking when those who are boast
ing of their strength are holding out pale hight to
inspire confidence On what points was this $780,
728 u sight exchange? The people were asking
every day for checks on New York without ge'lng
it. Why was it held up if the Bank was disposed 10
relieve the pressing wants Of the community! Inc
suspension looks very much if it was unavoidable
and not because they designed to relieve the people
Il enabled bank officers to sleep sound, as the run
had ceased and this thing called coincidence had
actually been forced upon the community BY an ao
solute refusal to pay.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
coxKuH1cATED.
sAx1s AID BAskTNG.


h.vsa,reaav rivon your opinion q tiner1OTses7
~ "a Rsnks Of tennessee snsIending specie pay
-. who stataments they hate laid before public
\. ,bs suh;ect Of comment in your columns
Since the suspension by the bsnk OF iennesseS my
r.. Nd plan.sr, Bank have taken the same
-. The latter named institution publishes 9
.,.,.,sD, If i,s condition We presume for the pur-
&c showing the public itsgrsat strength. Please
ronrbsb tb;s statement for the purpose Of calling
he .necial attention Of thOs who have the power to
l,,;.ioe and sneak authoritativsy about Banks and
Banking, to its condition
STATE OF THE PLANTERS BANK OF TIN
NESSEE AND BRANCHES; OCT. 10, lso'.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
HOUSE OF REPRESENTATIVES.


Mr. ROWLES introduced bill mo 75) to repeal
the frsl aud second sections of the Act Of 1852 10
authorize banking
Which was passed the first reading and referred
to the committee the Judiciary
MIR KING introduced a bill No 73) to simplify
and abrIdge the forms Of pleading and proceedings
in the Courts Of this State;
Which was passed the first reading and referred
10 the committee on the Judiciary, and $50 copies
ordered to be printed
A message from the Senate announced the final
passage IN that body Of the House bill No %,
IhOTze election to ascertain the will of the peo
pie of Upton county a removal OF the county
seat of saIdeounty from CovingtOn to the centre.
Mr. JOHNSON introduced dill mo 74) to amend
the TO amend the law Of issuing warrentS in
tain cases. and to empower Clerks to administer
oaths in certain cases;
Which was passed the first reading and referred
to the committee on the Judiciary.
MIR CARTER, Of Hardin, introduced bill (NO 75l
to repeal the law compelling owners Of Jacks and
stations to take license, and for other purpo-
SEES; which passed the first reading and referred
to the committee ON Ways and Means-
Me- THOMSON introduced bill NO 76) Tor the
benefit of Henry Angel and his securities;
Which was passed first reading and referred
to the committee on Claims
Mr. BULLOCK introduced bill (No ~ to re-
organize the Circuit Courts, which was passed the
nrSL reaOlnS anu IeIeTEeo % the COunlitte On INC
Judiciary.
Mr. Nancy introduced bill (No 78) fer the ben
eft of the Law Library Association of Cumberland
University, which was passed the first reading and
referred to the Committee the Judiciary.
On motion by Mr. STANTON, his bill to extend
the time for the survey and perfection Of titles
lands IN this State-(till the first OF November 1867
was taken up and considered on the third reading
Mr. THOMPSON said, there being Senate bill
transmitted on the subject, the rules gave II
preference
Mr. SHREWSBURY proposed to amend by adding
the following:
81 ProUided this act shall only apply to lands ly
ing north and east of the Congressional reservation
line"
Mr.. S said it was desirable with his constituents
to have these titles quoted and the whole thing
brought to close. He regarded it as pice fuse
less legislation.
Mr. STANTON said the object in pressing this bill
to the third reading, was that if it should be
passed fore the lsJ Of November and be postponed
aud passed on the lst of December next, man might
in this interior enter and GUST previous claimant
of an entry whose title might not have been COM
pleted.
The amendment was rejected.
The bill was then passed the third and last read
ing in the House OF Representatives by yeas 55,
nays 49,
The House then adjourned till tomorrow morning
O'Clock.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
THE VOTE EoR GOVERNOR.

The two Houses of the Legislature met in Conven-
ton yesterday, and concluded comparison of the
vote for Governor. The vote Of Jefferson was OBJ
tanned and counted. The result is as heretofore
published The President of the Convention declared
IsHAn G. HARMS elected Governor for two years
and until his successor is elected aud qualified The
Inauguration day has not yet been fixed.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

Votes in this election 81 Davidson, Robertson
and Montgomery.
Votes in this election III White and Bledsoe
EThe SPEAKER of the SsAEate thereupon declared
IsHAM G HARRIS (he hsvJ d received a majority Of
the votes cast) to be duly consttuuonaIly elect
ed TO the office of GoVernCof the State of Tennes-
for the term of two We g., and Entl his success
shall be elected and quE lhed.
And then, the cOnvenIiGf having completed the
business calling the two huses together, was DIS
solved by the SPEAKER 81 the Senate and SeDa-
tors retired.
The SPEAKER of the Touse of Representatives
resumed and the Journal q yesterday was read and
authenticated.
Mr. TH0M PS0NS Sutton submitted yester-
dsy, not being reported in gull upon the Journal
Mr. BEALE, by way of correction, submitted
motion, that all resolutions be spread upon the
Journal Of the day of theiG submission; which was
agreed to.
The SPEAKER laid before the House a communi.
cation firm the Clerk Of the Agricultural Bureau,
transmitting a letter frora Prof STAFFORD, State
GeOlogst, and also preamble and resolutions of
the Bureau.
On motion of Mr. DUNLAP the reading was dis
pensed with aud the communication referred to the
committee Agriculture.
The SPEAKER laid before the House the Biennial
Report of the Commissioner of Roads.
On milton by Mr. BRADFORD, (which was
agreed to- that portion of the Report of general
and specific character, Qesving out Statistics was
read for information of the House.
On the further m ntion of Mr. BRADFORD, it was
ordered that the Report be referred to the Commit
tee Internal Improvement, and that 200 copies
be printed.
Mr. THOMPSON laid before the House commu-
nication from the President of the Maury county
Agricultural and Mechanical Association transmit
ting an invitation for members Of the House 10 Of
ond their Annual Fair, commencing on the 2lst
inst
On motion by Mr. THOMPSON it was ordered that
the invitation be accepted and that a committee of
five members be appointed to attend the said Agri-
cultural and Mechanical Fair.
On motion of Mr. EWING it was ordered that the
use of this hall be rendered to the State Agricultural
Society for the closing address in the State Fair ap
pointed to be delivered this evening at y o'clock,
by JAS NJ DAVIDSON, Esq, the gentleman from
Lincoln.
Mr. CANNON presented the petition of sundry
citizens of Sullivan County, in reference to the es-
adjustment of certain Lectures in Agriculture, which
was read and referred to the committee on Agricul-
ture.
On motion by Mr.. NEPMFN,
Mr. GRIFFITH was 1stlsd to the committee on
Internal Improvement
On motion by Mr. DLAlAP, Mr. BULLOCh was
added to the committee q 41e Judiciary
On motion by Mr. RAW1iSfON, MrSTANION was
added to the committee & internal Improvement.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
HOUSE OF REPRE.i ,EEATIvEs.

TUIia~s% Oct. 20. 1856.
The journal Of yesterday read.
THE voIR FOR Gg&E NOR.
On motion by Mr. Wilson, a. handing orders in
regard to morning business wac S,spensed with and
the House took recess to prk;$t for the reception
Of Senators. -
IN JOINT CoNvIS zoN.
Senators being snnouncedt FNceived and seated
within the the bar. rs
The Speaker of the Senate lssrsiding on the right
Of the Speaker of the Hous%kf Representatives,,
called the Convention TO erdeEFnd stated the object
of the adjourned meeting to bGg complete the count
and comparison of the votes fsSG overuor.
The Speaker of the Senate Taed the official return
Of the vote from the county of a ffersOn, which com
pteted the list of counties com and reportedbe
lDw, by the tellers heretofore appointed:
POPULAR VOTE OF THE 3fATE.-OFFICIAL.
EAST TENNESsSbE.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
WEDNESDAY MORNING, OCTOBER p, 1857.

ar We invite special attention to the oOmnuni-
cations in to days paper. Also, to the interesting
and valuable minority report of Senators FRAEIER
and WHrrTHoRS, to whom was referred ga bill to
repeal the Usury Laws" published under our Leg
islative head
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

Returns from every county in the State have come
to hand with The exception of Coffee, which give the
Democratic cspdi late for Governor according to
present calculation, majority of ten thousand nine
hundred and seventy votes.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
Trust Sale
REAL AND PERSONAL ESTATE!
Pine Iron Works Property for Salel
LAUREL FURNACE roe SALEi

by Virtue Of Deed q rrusI to me exscued By Wm H
ID Cruteher. the sIh day Of June A. 1851 ard regis
tered in Registers ONCE Of Dickson county, IN Book X
pages SOP, 3. As 9 add will, on THURSDAY. 18TH
Day Or NOVkMBER 1851, Expose for Sale othe highest
bidder at Pr FuTnace in MY q Dickson, the lol
lOwlnE d5scuDed real personal property, 70
The premises known the laurel Furnace IN Dickson
county, containing four and thousand
with eu Stock Farm here0E and Furnace ana TX
thereon. ALEC n slave, Of the following
amt ages Wit Cha HOOKS about a years. Pc
ter, az about 34-a gOpd Biacksmth. Lender, aged
about yeirs-a first Wagon Maker Jim Losss aged
Might, aged about .. HO0nf, aged aJou joins aged
shout ~ Essex about Pa goOd Engineer. ssiiis
aged ABOUT 10 s0lonoH aged about ~ Mathew, aged
sNOut 81. Gus, aged aboUs Is London; ajouf Is.
Edmusa, aged about 4s Dafy aged shout So - Mgies
Wagons and Gear n Oxen Cows. a BuUber u
Hogs Ali III and Siaes. AhOut $50 IONS o.
pig metal. small Qusnity BlUon and an the F4rminz
lmilemeBts, all the uns and utensils Funncs
The sad property will be sOd ulon the FLOWING terms,
70 VT: said Laurel Furaee IT'pery, upon credit Of
and year, bOad and approved vii required
Of the purchass lien the payment
OF the purch-s mensl. The slaves BE- sold. portion
them euedi Of six months. anda portion lhem
upon credit Of twelve rs. The grisbable property,
Will be sold uuon cred OF months Tor al Sums
i've dollars All SUNS under ave dollars, cash. Bond snd
security given, and The ~ The sale h every instance
complied with, before The properly Il rem we'd
y. K. CkU rCHER,
ocil3-4t Trustee.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
GON- ANnREW LOHNSON.

A dispatch appeared in our telegraph column this
m rnng briefly announcing the election of Gov.
Andrew Johnson, of Tennessee to the Senate Of the
Uaitrd States, the successor of Governor Jones;
bat, brief the despatch was it contained intelh-
gence which will be hailed with the veliest gratih-
eaton by democrats in every section of the Union.
The event was not unexpected; for as it was
known that the democracy Of Tennessee had obtain
ed the ascendency in their State legislature, the at
teution not merely of the people of Tennessee but
Of the whole country, was directed 10 Gov. johnson
as the one pre- .eminendy worthy to represent the
sovereignty of his STATE and the principles Of his
party in the most exalted deliberative body in the
world.
The legislature of Tennessee have honored them
selves in the choice of such man as Andrew John
His lofty patriotism his unbending and pro-
verbal integrity, his unfinching devotion to the
principles Of the democratic party, his persistent and
ardent advocacy of every calculated to i'm
prove the social and political condition of the indus
trial classes, will mpart ustre to the seat which he
will most ssSuredly occupy with honor to himself,
advantage to his State, aud with great good to the
whole Country. Wash. Union
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
pANICs AND THE BANK OF ENGLAND.

Samuel A. Goddard, Esq, TO whom some allusion
was recently made by the New York Courier and En-
0urer in Of its editorials upon financial affairs
has responded, and in his communication to that
journal says:
At the period Of the great panic in England in
] SOS, when about seventy banks had failed, and
when the strongest could hardly sustain themselves
from day to day, Mr. Thomas Atwood Of Brming
ham, (whom could always call MY frieGd,) finding
the London Bankers without any fixed course Of &C
ton each striving TO save himself. in fact panic
stricken, obtained interview with Lord Liverpool
then Prime Minister, and represented that nothing
but immediate and great issues by the Bank OF Eng
land could that institution an the bankers at
large. OF preUs7t reUoia1i0H Lord Liverpool had
the wisdom TO listen 10 his representations, and i'm
stlately called Cabinet Council at which il was
agreed to advise the bank to increase its issues
lsrgely, the Government undertaking to indemnify
the Bank should t find itself under the necessity OF
suspeudng specie payment.
The Bank commenced at once putting out its thou
saad pound notes right aud left Increasing its dis
counts three millions IN a week AM having found
BAKE OF one pound notes which had escaped the
general coudagraion when the use Of the one pound
notes were discontinued, scattered them all over the
oodniry. The panic was AZ once Gllayed. The sight
O. me one pound NOE gave universal ondience,
and the Bank, which hal paid cut 10 nearly its last
sovereign, was relieved from The run upon it. Is
specie increased raj IDLY, and consequently suspeu
sion became unnecessary.
Again, IN the year St7, during the great manic.
when the Bank was nearly drained of s2ecIe and
when some Of the strongest of the Load,p Banks
could not have sustained themselves another d7,-
Lord John Russell wrote a letter 10 the Governor Of
the bank, authorizing The issue Of bank notes with
out deposit of specie, in the issue department
THIS letter published m the morning papers and
the panic was al once stopped. The plague was
stayed. The Bank did not issue a single note Ia
consequence Of the lcrcr the bare knowledge that
il could do 20 was sufficient for the pubic; money
flowed IN from all quarters; confidence was restored
money came from us hiding places These facts
have teen well In WI. but are generally Forgotten
Ii would ia becom" me here L. make any remarks
upon the course that should be pursued: bat ! beg
20 STATE fact that appears 90 be overlooked by all
viz: that a community with a currency OF 20 d and
silver only would still be liable TO pauIcs Gold
and oliver are more likely to be pat out Of sight
than we'll established tper money, and this might
occur even under a low range OF prices and small
liabilities The prevention of the issue of paper
money in the American Colonies by the Crown Of
Great Britain, which brought upon the people uni
yersa distress had more 10 do in causing the Rcyo-
luton ia '76 than the 90 Stamp Act had.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

TOR sale, Of The Grges; and anest Of muIes
the state Also excellent match oi family eRrrake
hsrses, a0e work few thorough bed colt.
lilies Of approved 0rssd- Also fE heifsFs ano
bulls Of the best miiK stock. ,,-s,.,-
aug 2-d6 W. e. hAhDiN"
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
Mr. WILLIAMS submit N the following.

Resolved, That the reck&s and extravagant sys
TEN OF banking in Tenues$ e is alike ruinous 70 tie
people and the body politi AID should be tuItler
encouraged by the Leg;sl3 lure OF the State
RssolVsd, That as tRsRRAkOf Tennessee, and other
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

BG-C. W, NELSON, Esq, of Carter County, has
been appointed Clerk of the Supreme Court Of Ten
nessee, at Knoxville.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

WE viii sell Inst Neg- &aa. pa able fuRds
w OF The EXCHANGE bans OF surTseslaT0 Also three
fine Pianos for any Of The Free Bank Money
oct BOYD & CO.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

SouTHFRx CrzaX.-We have received the first
number Of this peper II is published at Knoxville
by JOHN Mitchell and WILLIAM G. SWAN, at s. per
year, Invariably in advance 1t is well printed We
nee not ail Rat it IS conducted with spirit and
ability. We haye no doubt OF its success.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

r-y- The English papers arc specializing quite
nervously about The crisis in New York They don't
seem to understand 1t New York doesn't understand
it. ei her English 6ulneiers will look 'rild when
taey hear tbc latest news. They were Ofoplnian that
,be crisis had nearly s25sJel at the last accounts
fhev 1a6
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

IL persons having articles remaining IN the Meehanes
a. Fair eted to remove teen by 10 O'Clock this
morning, the Directors wish the prepared in due
Season the Ball.,
oct 1-lL HK WALKER secre.ary
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

Trust sale.
u virtue of Dsea Of trust executed BY Harvey Tuck
ID 10 Norris deceased, which is Of record In the keg
sIsT's office Of Davidson county, state Of Tenn
book No 49, page 81 will Saturday the 24h day Of DC
tOber, offer sale Mt the Court house gsie 10 the
OF Nashville The highest bidder for cash. negro
named Jacob, aged % years.
Sale within legal hOlns. JOHN MCCAIN
oct l3-dLd Tfustee.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
A CARD

NIX. GOODWlN Respectful presents his cOmplmen 10
WI the LADE and GEvILRMEv Of Na,agIls, and wonld
state that his second session viii commence on SATUR-
OA1t OCTObBR24. at bis Rooms College street.
for GshLemen will commence on Tuesday, October a. at
O'Clock r D. He will continue lis Coulon Parties even
Thursday. ADMISSION, 81 CO. (ocl2O-St
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

NJ L 6 L Z.
M - d ell W "a N : Ia - IA.
Just recelvedby loot 2Ol CHARLES: w, SMITH.
eG@ In view Of the general Suspension Of Specie
Pa ment Of Banks OF Teanessee and her States
undersigned TO-DAY deemed II unsdyisabe longer
continue Specie payment.
The herers Of otes pre- the notes Of The Bank
Of t. Ensssee ali receive tbem ID exchange for
ours.
DYER pEaRL PRECEDENT OF it Bink.
A x tsKOZi RI -iresdsnt OF Ira eT Rank.
NJ B sHePP- fsIs, Preside vefcbAnE' Rsuk
J. ~ JANIS, p esident OF Bank OF Commerce.
D'L CARrER, PresT OF the Bank OF the UnloR.
oet20-ds2W.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
Notice.

Notice.
w HBREAS have lost mislaid certain CaneslIed
w Notes. and for the protect innocent parties here
by oreHar all persons from trading any upon
except the fl owing, those payable
Two and three years TO d. Payne. for thu
each bearing dates Move nber 2SLh 1885, hese are ali the
otes | owe in this world.
oct 2I-dGW5t. T. A ATCHTSOy
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

The steamer JOSEPHINE Sd VAGE, 1900 tons,
70 Captain o. W. DAVIS.
The staunch steamer T. HOWARD, 1000 tons,
CAPTAIN ELI WOOD.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

g c, ToRBETF 8 CO.
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
Fine Stock Farms.

AT PUBLIC SALE.
Lying IN the County Of Warren, Immediately on TIE
Stage Road leading from Murtrsss6Oro 10
MeNiRHUaIs, Q males from he LItfsr
place, and 'vithia miles Of The
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

TUESDAY, OcC Goth, 1857.
The Journal of yester lay reed and the Senate
proceeded to meet the House in convention for the
purpose of finishing the count of the vote for Cover
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21

=, RE H AID s.asonable DRY G n a. auction, this
evening, ny (cet2i-It.l BENZ. F. SHIELDS
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
1000 ACRES

Manchester and MedinnVills Railroad,
On TUESDAY, OC1OBEK 9th 1851
will offer sale on he pIenses % The hghes bidder
Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-10-21
ReauT7ad - -

.-gii M mh-rs-iu store and f0r
- 70 GuhDti, y 60
gotis ~ fetn. hinaufaci ursr
San Andreas independent., 1857-11-14

BEEN NIsITING.-Our Sonora, Stockton, Co.
lumbia and San Andreas exchanges, of last
Saturday, reached us last evening. coming in
the Sacramento mail. A screw loose some
where .--1mador Sentinel 7M.
We have received the same complaint
from Sacramento, in relation to papers
" exchanges" and others-sent from this
office. Very frequently they do not reach
their destination for a week, and at times
not at all. We have always been foolish
enough to suppose that Uncle Sam en-
ployed mail carriers to carry the mail,
and post-masters to attend to the duties
of their office-but we find in this fast
age of Young Amercanism, that such
duties are not unfrequently neglected.
A screw is loose somewhere, but at what
point we are unable to say. Who can
can tell us where it is