davidaulloa/AmericanStories huggingface dataset:
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16

Reg Two more of the Banks of Charleston S. c., sus-
pended on the 18th inst.-the South Western Rail
Road Bank" and the Bank of South Carolina" A
considerable on the remaining unsuspended Banks
was the consequence. The Bank of Charleston kept its
doors open until p. NJ, three hours later in the day
than usual in order to accommodate the bhoders The
total amount paid out by all the unsupported banks, is
stated at $4,000. The following banks had not sus-
pended at latest dates The Bank of Charleston, the
State Bank Planters and Mechanics Bank, Union
Bank, Farmers and Exchange Bank, and the Peoples
Bank, all located in Charleston.
We learn that teIegraphic dispatch received
here this morning, from New York. stating that twenty
two of the Banks of that City suspended yesterday By
the Constitution of New York. they go into liquidation
forthwith.
We presume that some definite understanding will be
had between the Banks in this place to-day. We know
there is strong feeling amongst portion Of the Bank
officers and merchants in favor of suspension Others
we are aware have all along been opposed to it. We
are however, of the opinion, that general suspension
will be the inevitable result 1t may not take place to
day or tomorrow. If the reports from New York be
confirmed there appears to be other alternative, how
ever much opposed to it the people at large may be-
While this subject had as we'll state that sever
thousand dollars of the Bank of Wilmington notes
sent down here by the Bank of Fayetteville" wer
protested yesterday.
We have implicit confidence in all our banks, ant
persons owing cannot do greater favor than BY
sending the amount of their Indebtedness We will giv
receipts with no little pleasure for bills any Of them
We will not hesitate to take even South Carolina "WHo
Cat" bills. Daily Journal l4th INST
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16
Still Later-The Banks Resolved to Suspend


New ORLEANS, Oct. l2.-Dates from Vera Cruz to
the 18th inst have been received The Mexican Congress
had held primary meeting and Manuel Ruise was
elected President. There was a rumor that General
Svavex had been assassnated The insurgents at the
South still held out and robberies were rife throughout
the country
The failure of Messrs Comming Co., of New York,
will not affect the Southern Bank There are rumors
this evening ofsome failures, but they are not authen-
tcated Business is unsettled.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16
Mrs. Cunningham Fled
E1nnr...1 Affairs ,n New YORK.

New YORK, Oct. 13.-Mrs. Cunningham failed tc
appear in court day. and her counsel denied all knowl
edge of her whereabouts.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16

| New YORK, Oct l0.-There has been a run on the
Bowery Savings Bank, but it has paid out promptly.
The Park Bank went through the run upon it nobly
coming out stronger in public confidence than before.
The reported failure Of Messrs. GEORGE BLISS & Co.
is unfounded
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16
BSpThe homeopathic at the North does not seem t.

Ba~The money>panic at the North does not seem to
be ubsdng in the least In Boston there does not a
pear to be much excitement but at the same time money
matters are represented less favorable Bank stocks
continued To fall with more sellers than buyers.
letter received in Boston by the Niagara, from Liv
erpoo dated the 18th ult, reports money matters as
generally growing tighter throughout England, while
the demand was also on the increase At Manchester
the late buoyancy had yielded to depression, and on
both goods and yarns decline had been submitted to-
The demand for corn for export continued active and
more, than absorbed the receipts"
Cotton has gone down to IL cents per h. In New
Orleans being decline of cent since the 7th lnst and
decline of ~ cents per pound within ten days Ster
ling Exchange on London had also declined to SO 96,
or from to per cent discount.
Merchants and banking houses continue to suspend,
or break throughout the Northern and Western States
severe earthquake was felt at ST. Louis on Thurs
day, the 9th inst. The Democrat" says that some
ken the noise to protractad reverberatng explosion
others to the roar of whirlwnd others to the mere
passing of market wagonsbut all agree that it was ire
mendous. When at its height the buildings began to
rock appaingy Thousands sprang from their beds in
alarm and rushed into the street The Northern sky
was clear, but from the Southwark heavy mist was
swiftly advancing and in moment nearly Obscured the
street lamps In many instances the lamps in an
instant unaccountably extngushed The violent shock
lasted full efourths Of minute, and instantly
succeeded by second roar and attendant shock of less
severity Many describe both one and aver that the
heavy shock lasted full three minutes In about five
minutes afterward the noise and cOmmOtiOn repeat
ed with comparative mildness but very perceptble"
The Charleston Courier of the 18th inst has lengthy
article on the suspension of the Bank of the State Of
South Carolina. The suspension was announced last
Saturday, by order of the directors The Courier says
that bholders and others interested, need apprehend
no danger of loss by the Bank account of its suspen
sion. The State is pledged to the ultimate security
and confirmation of its notes. The Courier hopes that
measures will be speedily and diligently consummated
by the bank in question to effect resumption" of its
small bills such as one and two dollars.
The Day Book is the title of penny paper just
started in Norfolk.
The election of Governor and Representatives to the
State Legislature takes place in Pennsylvania to-day
The Ohio State election also occurs to-day.
The Norfolk Day Book says that one house in that
place sold SCI 800 worth ofdry goods in five days of last
week Pretty fair sales for such times exist present
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16

New YORK, Oct. 1.-THE Bank Of East River has
suspended.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16

bS5~The papers by the mail yesterday confirm the
Geographic news received here yesterday relative to the
suspension of the banks of New York We publish in
is ntimated that the suspension by the New York banks
was caused by nunctons issued by their customers with
view of evadng the Constitution of the State in order
that they may not be compelled to go into liquidation
How far this may be true requires time to determine
PENNSYLVANIA ELEcr1oN.-The election in Pennsy-
vania for State officers took place Tuesday last 18th
inst The returns so far received sufficient to
rant the announcement of the complete triumph of the
Democracy The Washington Union of the 18th inst
saws: These returns indicate the election Of General
Packer the democratic candidate for governor, by
large majority. We congratulate the noble and unwa-
vering democracy of the Keystone State this their
last but not least glorious victory for they have tr-
umphed in the face of unexpected and formidable obsta
cles and in spite of alarming condition of affairs,
which, although the result of system they have warm
y and uniformly condemned used by their enemies
in the late in the vain hope of gaining increased
strength and securing ultimate success
BasrThe returns of the election in Kansas indicate
that the Democrats have majority in both branches of
the Legislature. Parratt, BLACK Republican, is no
doubt elected Delegate to Congress by considerable
majority over Gov. Ransom The election is said to
have been very animated, but passed off quietly.
pa% The Relief Bill has passed both houses of the
Pennsylvania Legislature, and has been signed by the
Governor It egalzes and extends the suspension of
specie payments by the Banks of that State until the
first of July, 1853
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-16

The overland mail has arrived. The Bombay Times
does not mention the arrival of Gen. Hayelock at Luck
now. 1t desgnates its intelligence as of disastrous
character.
A letter from Aboo says the King Of Delhi has offer
ed to make terms provided his annual stipend was in
creased but he was informed that nothing but an uncon
dtonal surrender would be accepted. Numbers of the
mutineers were leaving Delhi unarmed.
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15

We understand that tiir Land department
at Washington have oprn.d for pfc cpw,ou
the even numbcrd sections. bring nl The
land owned by il within hf,o,n miIca Of the
line Of the pnlnuuc and Pacific Railroad
Ia land grant road a III" minimum price "i
$3.50 per acre They viii remain oIcn 10
pre- emp'ion, ~ tbs price, I'LL The iiua alloi
mcuI Of the lanl- 10 the comluny which
may not happen for Two of three ycars 10
come. The amount oi lanI nov oprn 10
pre- cmptiOu at the above rates. within H.
mile, oi this road. Is aboat $50 900 acres.
We gard tins step ~ indicative oi ilio
policy 10 be pursued iy government IN efcr
c,lcc 70 the lands upon The lines 81 the land
grant roads Ol il. wlseiaIn aHd justice Ne
cannot spcak N go hgi term. T.. ne
vi,able elect will be "a keep fpi years The
price Of land within reach Df Inc -c,'lrr tia,
ha. no other mean than The labor 81 ~.
hands ~" Increased ;.rie- n,e. 'ia -q'c
ordinarily charged wifi le much more than
compensated hy IL TroS unity 10 n railroad
whIic IL construction ard the popul,tipn it
draws ~ u. train. vii create & market ~
high ra'" for whatever BE- can produce --
III" policy "l covcrnm.u, which We hop -
u0w permanently nag,gfatoi both secures
the 'and 80 'hr +ati'e' at ipw ra''1 and crt-
ate' market ia ii- pf'iacts that cnahlr.
him ca.,,y io pay Tor H.
Anoiher good result 81 hi. ,p4icy will u.
20 ucn,raliD the ~ IT of H.. attempts tD
iorcHali The market by .t-ca'aiiOn. who
have bpIgii up "iiD'tnpp- tracts ~ tho g0y
"rnm n, price 81 SIS ar acre. 10 -eIi AZ
u0u 10 D'D PER ornt sdyanc'. $50 long
a. lani oJmdi, aud Ia msi.y ASS more "a
Yor.Dly situated cau b" Aaj al e. 20 p,r
acre they mus, seli a. The .aiD" rate Com
psrA,ycly los pflccs frr land so important
TO the s,''tl'r. ani 20 'he I,ihiie good must
ru!- fr ~Dnc time 20 com.
The prr+fDp,Or on The lIn" al the I'n-
huque aud Pacific Railroad vii have the
prisiiegc Of paying .1r hi. ian1. al aDy time
before the hual allotment, lie may ai4o Il
he clio'@s- pay for them ~ government
n4nah,. Which aro - -'iibg ~ iog a-
"a ccu'. O,i the d.iiuf. ~ be- can pufchas
the warrant. 10y mortgags .. ibc iaDi- fm
Ibeir Jar y.iu" II vii thu. u. avn that
notwithstanding the yart grant. tD YallrDai.
tie Jyo,,cy O' g0S.fnu~u; inay oDrrest iL.
e.ils greatly ',are,i from them abi may
p.so' 'h'. .ttis-r ia mDre yaS Orabe position
than II he grants hAi D"y,r b-n made --
r.. K il Jpt,1l
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15
sho. k,ns NWrdcr of ~ Wiw - oni, s>io"
~ the Husband

frou, o. rnAir'ph, E,,nins atl-Ya Co..
one of the mos, shocking lragcdr, that
We have heard lor a long time occurred yes
tcrlay morning in Montgomery county.
about one mile west oi Norrilown--ih
scene Of it tenant house belonging Ia
Capt, A. Shancinc, and occupied by man
by the name oi Thomas kihy Bate. his
wife, Mary Bate. and their ,hrcc Young
children.
At an early hour in the morans. Bates
went to the hou>c Of some ncighbors and
aroused them, telling them ,ha, hi. wifi had
Tesn murdered by thrc' mSgiocs Tie also
went himself IN search Of II constable 10 ar
rest the alleged murdciyrs. The ncighbors
hurried to the house, and there IA shocking
sight presented itself The body Of Mrs
Bates was found lying on the bed with the
head nearly severed from the body. from
blow with an axe. There were two beds
upon the bclstcad both of which were com.
plctely saturated with blood Of the murder
cd woman.
Bates declared tina, three negroes had
come TO the house, forced their way in, and
had committed the dreadful deed but sus.
picions of the ncighbors were aroused and
upon questioning him further, he prcvarIca-
ted and ccnradictcd himself. and finally lac
admitted that he himself had slain hi. wife,
IN order 10 prevent the negroes from doing
II. There can he no doubt that the story
about the negroes is all fiction and that
Bates alone committed the crime. A Coro-
ncrs inquest WAS held aud after "a full exam.
nation, Bates was arrested and lodged in
the prison at Norrist"wn
1t appears that Bates who Is quiet and
inoilensivc man when sober has been nt'.m.
pcratc IN his habits, and. when N IA STATE of
intoNica'ion. has been very violcm toward.
his wife. Lately he has threatened her repeat.
cdIy. and she has been frequently in icar OF
her lille. II IS presumed he was drunk when
lic committed the murder. Though h. showed
lat little sign ot 1t after the crime wa. dis.
covered. The axe with which the murder
was committed was found on the premise.
showing the marks oi ih blood which bad
been partially wiped Of BY the ~ ,rdercr
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15
NEW SERIES NO. lO2
>sw Na"hI"g W ~trs" ~ Oh,o.

Ut thr approaching October election in
Ohio. the people of tina, State will b. call.
ri upon 10 approve or reject new law for
the regulation OF the banking system, OF u
very novel aud striking kind, The title of
'm act Is To incorporate the Bank of
bhlo and branches from which il appears
That the design is 10 establish Que bank. with
branches all over The State, and finally to
merge all other Ohio banks in il. The new
corporation Is Ia he located al Columbus,
the state capital, where il must keep an Of
nee open M nll ,imes to the inspection of
committees of the Legislature. The Board
ol directors u in hc aa.,ul.:s,l 81 asa. s,.@..
her from each branch, The General Dirc.
tory NJ Columbus il 10 turuish each bank
with circulating notes. prescribe rules for
ih' government Of branches, nnd see that
they are In every case complied vita Each
director is required TO take an oath and give
bond for the faithful performance Of duty.
before any bank can obtain circulating
notes II shall pay over ten per cent in mo.
ncy to the safety fund, Ia bc held in trust az
security lor the redemption of the notes
The proportion oi notes 10 capital il pre-.
scrlhed each branch required to rulccnl its
notes IN gold and silver. on lsnaty of bcing
wound up ns inSoycnt, and all the other
branches nie 'o pay their quota towards tho
r'dcmpiion of the falling branch. A clear
ing house Is 10 bc established at Colum bus.
mud branches Tor the par redemption Of all
the others At cincinnati Cleveland and 60.
lhn'bns III the branches ARE 10 be com.
PEELED 10 furnish capital for those, 10 make
Their deposits and collections with them, and
share the profits. The Office Of this corpo-
ration, 10 New York city, is 10 lc the flnan.
'inlagcn' there fpr the State Of Ohio. no
branch ia 10 bav" less capital than ~ 90 900
aud III Hamilton county none must have less
than S5b0.0O0 in 'uyahogn or Iaicas
county none lcs. than S}00.O0O and IN
Franklin or Montgomery county none lcss
rhnn $500 0OD. Provision ia made for the
admission, as II branch, Of any independent
or hc haul, ~ The State
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15

4 No, H. Sr.ayrIos In view oi the
evils brough, upon til" country by stock
gambling the Albany d'cr proIos- The
s~,ablphrnsn, in thu c,y of New York of
~ia, may IL called Clearing IIouS for
stocks Then allow and iegaIinc saba Oh
time. or in any srm which i'uysr. and al
ler, choir" To adopt. but requiring all salcs
10 ie REGISTERED in the cleaflng ho,sr On y-o
ipciim ofihs c"ftiiicaie. This wonld prevent
driiciDus .alr-. Al sa,. wi,hOu, mci, q
rrg'.'ry should not only be declared void,
b'h sntlec' the parties 10 I~nal,y, 80
nmpo-~d Il, TO make some ons Interested IN
pr'ss7a,lng Il. Such a rgis,ry Of Sales
would al.o h. check Dn frandalen, is-u's
of stock and would -sr, bead 10 their dc
'.Si,0n
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15

H,.a0,-.. the brosk .is a, 'is Onon-
daga B4as -yracu~e ch4fg.i Alh 'ring
he hars ra- h'-u iceland inroren, s'-i
l's-harerd III a'q9i''al Al. rcciy'-i
H.;L rat Appiaa.' ~ a c-osdJ alii'ofy,
b.. 'ri.rs- ar I"prin,is"l 70 nap.l'.' IN
.5rnc ,g.-'4at.a! sAv 'neir .yuta' !r
a.r. sa,- a.l'l ~.'' - % fsr.s 20 ~
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15

III, loiO"in.. interesting communication
in relation TO TN proposed canal across the
Is,hriuS Of Panama, wa, tins morning re
ceiycl at tie navy department, from Com
m-lorc Pauldip-. Of the Home squadron :;
FLAG sur WABASH
o. Asrr>vU.I Sept II. l-5I.
-,a: Ga ,he 2Gth .! August, under the
orders of the Department, organized par
" and started oJl on a reconnaissance Of
the lsthmus beswccn Aspinwall and fana-
ma. with reflreuc, 10 tie praCtlcablh'y 81
constructing an iuter0ctanlc canal atr'@- The
Isthmus Of Dar.en at this point.
The route by which the railroad pa,4"'
was in every respect the most desirable FOR
this purpose an1 the means by which the
chaructcr Of ibo country could be b's'
known, as Ear ii, i,s topography and tlc f'a-
lures csscn'ial 10 the object in view could be
seen. ltwas, in fact. ihc direct means fur
the accomplishment Of the purpose.
The officers who accompanied Va have fe-
ported their opinion in writing, which vii
b. available 10 the department, II i dcsi
rable that they should be submitted.
Col Georgc NJ To''en, thc Pioneer Of TIE
Panama railroad. and since its c,nstruction.
the chief engineer of the company favored
me with his presence and extensive nfoTma'
,ion which relate 70 this part OF the lstiiInn..
TO him and 20 Allen MclAnc E-q- the
Pacific Mail Steam Company agent. who
placed the steamer Tobsgo at my service 'or
the examination Of the Bay Of Panama, !
was indebted for every facility they conId
afford me. Com. IIoH the senior o'icer
present in the Bay Of Panama, furnished a
boat TO verify the chart which accompanr''
this report. By this il will be seen that In
water ia shallow 70 q considerable eA,en''
both TO the ea,' and west df The Bay ri
Panama.
I, is .upp,~l tina, the cana will be
1uite-i with the waters oi th' facihc On
either I'D Of The city anj that channel
might be dr,,lg,,l 10 the depth o; 81 ief'' 70
nv, the na, gable water. for ships OF large
dranght The bay then expands int an
arnole h.SDor. Aherr the Winds ar" "a"
never 10 hiov 9TH yiolence sufficiently
comprehensive for tn commsrce ~ The
world. an.l studded si,h islaDds, conyenrt'
for all the gIca, parp,sss that III" con ii'i"n
Of thing vo1ld call for by the con'rnc'"n
OF canal through tie lsthmu'.
tt. I.ihmV- ,'sel' pr'--efi' 10 ~fl''' I'D
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15
VOL. IN-NO. 2S.
SONG OF TIE STREET.

p Etcn.a. Pc.
Rushing r,4nd the corners.
Chasing every friend,
PlnngIng into banks
Nothing there To lend
Pi;eously begging
bf every man you meet.
Bless me, this is pleasant.
Shining round the street.
Merchant very short,
Running neck and neck.
Want to keep a'goiug--
Praying for check
bdbbicrs IN stock,
Blue a. blue can be,
Evidently wishing
TIE ywcre fancy free.
All our splendid railroads
Gct such dreadful knocks,
Twenty thousand Bull.
toulau't trdise then stocks
Many Of the Bears,
IN the trouble sharing,
Now beng to feel
They've been OvcrhearDg.
Risky spectators,
Tumbling with the shock.
Never mind stopping,
More than any clock;
Stl, they give big dinners,
Smoke and drink and sup.
Going all the better
For winding up.
BANKING institutions,
Companies OF trust
With other peoples money
60 of Oh a bust
housc- Of long standing
trumbiiDg in night
With 30 many ''Smashes
No wonder money hgh.
Gentlemen Of mPan---
Having lots to spend
save littl. sympathy,
Moth ing have 10 lend
Gentlemen IN want
willing Ia pay double
Find that they can borrow
Nothing now but trouble.
Halt uur llen of business
Wanting an extension.
While nearly all the Other,
Contemplate suspension
Many of them. though,
Don't appear To dread IL
every cent they owe
j. 50 tIIrl! to their credit.
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15
Tee 'oUhi.. ~ tt,r Ihuo Great Nau.y
Wash't. ~ III, World.


''o'" 'b0 i'''i'" S'e' Seq" 10
The nnnounccmcn, Of bank and railroad
panic IN the United States !. pecuIiarly nm
welcome ni ,lic i,, acut ,nouru, when 10 de-
pressing an Influence ia exercised upon com
nicioinl anJ monetary affairs IN this country
by The attempted revolution in iujiu, md
when stilI greater gloom rcipns in France
II IN "A most unusual circumstance for the
three grca, money mniko'a IN the world 10
lc thus simultaneously stricken In Eng.
laul, however, the quir, IL mt,cIy the quiet
81 caution in France, il rcsnl,a from Gnan
ciaI exhaustion, conscuucn, upon a prcy
ous'y inflated speculation. IN America. the
situation pr,ecDs many features analogous
3, that ia France. bu, with tIs difference
that the roiicnncss Il nearer the surface Of
thinga After making aIlowancc for the
comparatively low co.t of the American
railways, ,bs very comparison il sufficient
10 induce an apprehension thu, n young
community like the United States, whosr
nonied capac'iy is SET Ia bIpw that Of
Enyland or France has Gown the ~eds Of
Inc present difficulty ,tIturyii urrlnr i,n,fc
in railroad construction
r,os, ,.s i.o.ian Tine. .,l., 4 ..'r. ep. II
Further sdgirc. from New York NAV bc
Their int rot :" The Bfisiish public will be-
matter ofabont iloh01 0oo sterling that
u To ray sonr'h'ne equal 10 the ni'nost coat
npprcheri''i rom 'he Indian insurreciion.
The twb last mails have brought news Of MI
average faIi oi thirty per cent 10 the mos,
prmnInct, of American securities, nd as-
Sn'ning the total amount held on this aide
I" br abDnt fso0oo0oo sterling, which s
probably much below The true am'"ni, our
nominal lo-s has already. IN The course Of
ten days, reached ga "o.0OO. q sum which
still inad'qua'ciy rcprcsenl. the real mis-
chief, since, When the w'~cn, panic com
minced, the market Was already suffering
from year or Two ~ almost uninterrupted
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15
(,nal i,,o>- the i.titnus "f baih"

IN, ioilJ@in.. interesting communication
in relation to ,ha proposed canal across the
lsthmuS Of Panama, was this morning re-
ceivel at Tie nay department, from Com
m-lorc Pauldia-. Of the Home squadron :
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15

A-p "a -ypbmi-r J., .'H-
The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1857-10-15

1hF year the '"al'h oi The c'uuirl lt
cnormou- aul aetisc, lH' II turn- nul,r oar
y.tgin upon tir applic,ilon Of one 81 ol
nd dual credits tn another -,' through
the Intervention Of bank none; mostly
tpIr the in'ioonr. Of panic, every onr
who ronifo'' money rCus', TO get II 70 fulhl
IL usml iluciou.. ard failure. take pacf--
this lr.f at this s"i,op. more ilsD usual
with ttf i,w cau." = & E,papm.'