New-York daily tribune., 1858-02-03
FROM PHILADELPHIA.
PAN Or Own Correspondent

<issd by the introduction Of resolutions condemn
ing the Lecompton swindle, and instruetng our
Senators and Representatives to vote ssala'' ~
Tbese resolutions took the usual Parhsneh'ay
course Of reference 10 a Committee AiVoi 'n"'
reference, a resolution embracing tne sAnio i'''
vss offered by another member; but az the "hoie
matter had inst been referred by the House 10
s.l,., fon,n;ttee II was considered disrespectiui
10 that Committee TO take It out oil their ha"u'
without allowing them time to report ana ~ INC
snnl;cate resolution was voted down by dsclded
majority. This action, therefore, implies no hos'i'-
ry 10 the original resolutiOns. Ihey may %
aehved by the Committee, but II is admitted
am all hand. that such delay will only add
a. .,hs;r strength. The feud among the
Blsci Democracy on this exciting question is be-
coming more bitter every day, and ii nov showing
ise In the columns Of the rival organs in this city!
Col. Foney's Press il becoming more decided, and
talks plain English 10 the people in way that has
stirred up the bile Of The PenRsytoandH more than
ever, Just as ! predicted some weeks ago. That
organ Of Mr.. Buchsnan-that pet of Treasury
patronage-denounces poor FODey as "apostate
and renegade" yet admits him 10 be an OBJECT OF
terror 10 his former friends" and Is compelled 10
''detest" him. To all this Typographical tartness
The Press il absolutely dumb, and very wisely 90,
Tor it has hard road 20 travel IN seeking 70 sustain
Buchanan while 6ercey denounclng Lec0mpt0n.
Then Forney succeeded IN having the STATE Con
yention meet at the usual time in March, while the
Buchanan men did their best TO stave it of
10 July, knowing that LccOmptOn would come
cp prominently in the Convention, where, even
N their apprehension, it stands in great danger
Of being kicked out bodily. This result was great
triumph for forney and shows clearly that the
Douglas wing of the Democracy is acquiring
Iii H.. G4atn ba van.
geance of the Administration falls quickly and re-
norselessly on all who happen TO discover any SYM
pathy for Free Kansas. The espionage which pre-
walls s disgraceful to the country. clerk IN our
Custom House having acted as reporter at Dem
ocratic meeting in the country, where speeches hos
6le 10 the Lec6mptOn swindle were delivered, he
was instantly discharged. This Is in strict con-
formity with the terrorism enunciated at
Washington, warning all Offce-h0ders that
swipdiDg having become dogma OF the
party, every member must either sustain the
swindle or swing. As the Buchanan wing is
particularly loud in asserting its legislative majority
for LecOmpton an impudent suggestion has been
made by the Douglas wing, defying the former TO
introduce resolutions sustaining il, 1 hey ddrc.
This staggering proposition has not yet been &C.
cepted; but it goes to show the confidence which
Douglas and FOrIey entertain of the deep impress
sion they have made in the State. The same un'
Willingness to bring the question to vote prevails
Ia NtW-JtTbty ltdI VI DdslluS tHduCcs
for obtaining office now or prefermept hereafter,
by opposing the pet nfamy of President whose
conscience has been given up to the keeping of the
Slave Power, ia the sole motive for this suppression
Of honest opinion in both these States
The plundered stockholders of the Bank of Penn
ylvania had gloomy time of 1t at their annual
meeting on Monday. The statement there made
realized their worst fears az to the hopeless cOnd
fiOn Of this time hOnOred institution and laid bare
the causes which produced ITS overthrow. IL turns
cut, notwithstanding the whimpering denials OF MIR.
Alhbone that to him alone Its dlsgraceful prostra-
ton is due; that unknown to the Directors, ne
discounted over 800 600 for his brother, who has
since gone into bankruptcy, taking uuindorsed notes
without security Of any kind that for another firm
he discounted STAG, ,000 unknown to the Directors,
two thirds of which sunk that he discounted the
notes Of the Hempfeld Railroad Company for $50
oOO also unknown to all but two Directors and that
fhese two were also Directors of the Railroad these
notes now being of very little yalue that the paper
Of numerous nsolvent railroad companies was taken
by him; that of the reputed assets OF the Bank
$IlO 900 10 in the notes Of five firms, which notes
were borrowed for his own private use; that ne
paid enormous sums for usury, and sold large
amounts of the best bills receivable OF the Bank,
and, unknown to the Directors, allowed excessive
interest on deposits; that the proceeds of bills re-
eeivable. TO the amount of Sl76 900, were credited
10 bis private account and are not accounted for;
and, finally that AllbOnes indebtedness to the
Bank amounts 10 the enormous sum OF near
$500 COO to secure which the Directors have at
tached property from which they may possibly realize
Sl00, 900. Taken altogether the statement is per
sectiy astounding, even to the pllndered stoekhod-
ers, some OF whom really did believe the impudent
denial of Indebtedness so shamelessly made by this
man. With great propriety, the Directors recon-
mended them to authorize the Board about to be
elected to make an assignment, as the only means
of avoiding impending judgments, saving the char
Ter, and insuring an honest distribution OF the bank
sssets among its creditors. This step the stock,
holders viii doubtless authorize at their adjourned
meeting next week. Thus winds up this noble ill.,
stituton, its whole capital Of Sl,s75,0 600 utterly
gone, and hundreds of innocent and confiding fe-
males and orphans stripped of every dollar they
possessed. AllibOne's real estate in this city
was 10 be sold by the Sheriff yesterday to sat
isfy q Judgment for $4,000, given to pay
that amount borrowed from an intimate friend;
but stay of execution was obtained, aud the
property being deemed good for the debt, years
delay was granted, such being our law. His per-
sonal property at his country residence in New
Jersey was advertised to be sold on Saturday under
q foreign attachment, issued ON complaint of Brown
a. De Rosset of this city, who have also attached
his Jersey property. This property cost him Sl0,-
900, subject to mortgage of $4,000 How Mr..
Allbone can ask for any further suspension of
opinion, after these official revelations it is difficult
20 understand. Bad as we all considered the condi-
ton Of the bank 10 be, the community has under
gone fresh shock in hearing of these most infamous
disclosures.
The annual report Of the Corn Association shows
That the corn trade Of Philadelphia has sustained
with great trmness, the reyulsOn OF the past sea-
son. Very few Of the individuals and firms en-
gsged IN 1t have been Frustrated by the crisis, ow
ing 70 The trade being conducted on the short-credt
system, as well a: to the general absence of spe
cnlative propensity. The inspections of -four in
1907 amounted TO go 252 barrels and half barrels