New-York daily tribune., 1858-11-04
FROM PHILADELPHIA.
THE ANTLsLAvERY sOCIETY-BANK OF PENN
syLvANIA-HOw THE MONEY GOEs-OUsT-
ING JOHN VI. READ-FRANKLIN, CHESS, AND
CITY HORIZONS

CITY HORRORS.
From Our Own CORRESPONDENT.
PHILADELPHIA, Nov. 2, 1858.
The political absorption of the past month has
crowded out any mention Of the doings ofthe Penn
glvsna Anti-Slavery Society at their Annual Meet
ing in October. The meeting was well attended,
and many of the lifelong defenders Of the Anti
Slavery cause were present, fema, as well as
male, principal among whom were Lucretia Mott,
Mary Grew, Thomas Garrett, Lloyd Garrison and
others. The Executive Committee presented
long and extremely able report. 1t gave full and
lucid history Of Abotionism in Pennsylvania from
its origin in this city in l775, to its reorganization
in I7S7 when DIR. Franklin, DR.. Rush and
men of that stripe were its strongest pillars. AT
this period, the Anti-Savery spirit was very ami
mated. All classes were imbued with 1t, from
Judges and clergyman down even to Tom Paine,
all of whom labOred cOurageously to emancipate
the negro. The report revived the great Missouri
struggle in our memories, and gave new interest to
its forgotten facts Pennsylvania then had 23 Repre-
sentatives, ofwhom only two on that memorable 0c-
casiOn turned up dOughfaces, though Massachusetts
supplied four Yet from that period the Anti
Slavery sentiment of the State became less ener-
getic. Its decline is traced through many years
of obscuration, aud its revival is attributed to the
establishment of The Boston Liberator in lS5l.
The whole history of the decline and renewal OF
the abolition sentiment in Pennsy lyania up to this
time is given in the most interesting language. 1t
breathes nothing but encouragement, nothing of
dependency, but looks forward with prophetic
confidence TO the future. Speaking of Buchanan,
the report is sc0rchingy severe. 1t closes with
reiteration of the objects, principles, and measures
of the Society.
The resolutions are fourteen in number, and
were adopted with great unanmity. But they are
bitter and radical to the last degree. They assert
that Slavery is gathering, in wild alarm, all it's
forces for last contest with Liberty and hail with
JOY that final conflict, confident of its glorious
suit. They pronounce the late religious awaken
ing as dishonOr to the name of Christ, unless its
results are manifested in an awakened sympathy
for the slave, aId testify against the chief sin of
this nation. They proclaim il not the object of the
Anti-Slayery movement to put any man into Office,
but to insist on the emancipation of the slave.
They take issue with the Democratic party on the
ground of its being utterly reereant to the prin-
cipes of genuine DemOcracy-th open and shame
less ally of the slave olgarchy eager to accede to
all their wishes and designs for the extension and
perpetuity of Slavery; controlled by the most
prohigate and unscrupulous demagogues; and ami
mated by fendish spirit toward the oppressed,
and thorough contempt for the law of God and
the rights OF man. They pronounce the Republi.
can party IL be far more concerned to obtain power
and Office than TO yindicste the principles of justice
and humanity, and therefore wholly undeserving of
confidence. They denounce the Fugtive-Slave
law, and promise TO circulate petitions throughout
the State, asking the Legislature to put end to
all slave-huuting within her limits. After this
copous outpouring of the bitter waters, they close
by resolving that the retrospect and present as
"pect of our cause inspires us with faith, hope
and courage, to perseyere in the work which lies
II before us, with uDabated zeal and diligence, even
"unto the end"
The Pennsylvania Bank building not sold as
advertised no bid of less than $500, VcO being sc-
ceptable by the sssgnees. A morning paper throws
much light the condition Of this institution. IL
seems that complete resusitstion could have been
effected but for the hostility OF the other banks.
who hold q contingent claim ON the bank from
which it is morally certain they will not realize >
per cent The bank asked them to release this
claim. and consider it setted by the collaterals
Given them TO secure IT, as the first condition to-
ward a reorganization. Some of the banks as.
seutcd while others refused and as all were inter-
ested in the claim, the assent Of all indspenss
bic 10 make the release good. Had il been granted
II wonld seem that the institution could have com.
promised all its debts, had new capital paid in.
snd resumed business with charter which has
near twenty years TO run. But the mere spite Of
the other banks defeated the whole undertaking
1t is not probable the bank VIII pay IFS creditors
more than 20 per cent al the most. The Court