Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-01-27


under leaves anil other rubbish. he was sentenced
for three years, and had only about eleven months
10 stay.
THE LEGISLATURE.
In Senate Tuesday, Jan. &c, a large number of
House bills we're passed on the first and second
reading
Mr.. WALKER introduced a bill to provide an
annual sum for the support of the Memphis Hospital
also bill declaring it felony to carry concealed
about the person false OF skeleton keys; Mr.. Corr,
bill to consolidate the Nashville and Northwest.
ern, the Memphis, GAINESVILLE, and Louisville and
the Mississippi and Tennessee Central Railroad
Companies.
The Senate asked that a committee Of conference
be ERASED on the bank BILL and the Speaker appoint
ed on the part Of the Senate, Messrs. WhitthsTne,
Gof, and Menees.
In the House. r. B. CHEATHAN, of Davidson county,
was chosen to serve as Assistant Clerk for the re-
mainder Of the session.
Mr. CARTER of Harjins bill to repeal the specific
tax On Jacks and Stations. substituted by Mr.
Thompsons BILL was reiected-yeas 26, nays SO.
Mr.. SHREwsBURT's bill to amend and consTue
the redemption laws, so as 70 preclude sale under
mortgage, sc, where the right is waived, taking
effect six months after passage, was passed the third
reading-yeas Al, nays %.
Mr.. NEWMAN has clause added to the Spencer
Henry BILL authorizing the jalOr to tax his expenses
incurred in the removal Of prisoner in the Circuit
Court Of the county where he is last lodged in jail
which passed the third reading unanimously.
The Ninth Part Of the Code vas passed the third
reading-yeas IS, nays G. The Bell resolutions
from the Senate, we're made The special order for
Monday night
The Senate's ample and liberal modification of
the exemption bill were cOncurred in--yeas 50,
nays y.
A conference committee was ordered to consider
Of the disagreeng votes between the two Houses, as
TO the amendments to the bank bill
RIVER AND STEAMBOAT NEWS.
The river continues to decline slowly, with feet
water on Harpsth shoals.
ARRIvED-Cuba Ella, and Blanche Lewis, from
Paducah; Princess, Cincinnati.
DEPARTED-Cuba, for Paducah; Dunleith, Gin
cinnari; John CALI Louisville; Rock City, ROwina.
The City Of Huntsville leaves to-day at O'Clock,
p. NJ, Cor Memphis, and with her gentlemanly
officers and excellent accommodations, affords an
excellent opportunity to those wishing to go to the
Bluff City.
The Cumberland leaves tomorrow for New Or
leans, when all who wish to 60 to that city will
have most excellent opportunity for a speedy and
pleasant trip.
The Princess leaves to-day at y o'clock for Lou
isviue. Passengers who wish pleasant trip tp
che Ohio cannot find better boat, or more gentle
manly officers.
The Josephine Savage, from New Orleans is due
tomorrow evening.
Monetary and Commercial.
In our report Of sales Of Tennessee Bonds in New
York on the DIST slip Of the pen made US say that
$4,000 Of the Bonds we're sold at SO, whereas it
was 100000
Geographic despatch from New York last night |
reports that the weekly Bank Statement ofthe banks
Of that city shows an increase in loans Of Sl,G9l-
Ooo: increase in specie S6ls,O0O; increase in de-
posits. $685. 900; undrawn deposits $4,000; |
decrease in circulation $4,000.
Itis stated that one Of the banks Of Boston offered
TO loan another bank the 18th, at the rate Of five
per cent, but the offer was refused The Boston /
banks now hold in deposit seventeen and quarter |
millions Of dollars an increase of several millions
within a month or two. The amount of specie in /
che Boston banks on the 10th was S5,90l, 800, an |
snareasc of 5go3, 100 from The previous day.
az consequence Of the passage Of the new bank law
In Georgia IN both branches ofthe Legislature over
sne G9vrr-ors veto the minority of the banks Of |
that State have issued the annexed circular:
AUGUSTA, GA, December "a, 1857.
ssBv a recent law Of our legislature, the banks Of
this State are prohibited from collecting from Its
citizens more than per cent exchange, whereas,
rndpr The existing condition of affairs the exchange
D.. % los than 10
must therefore decuC 10 make further remittances
until we receive your instructions. We will /
hold the proceeds of your collections subject your
checks-remit eerafcatos Of deposit checks on /
New York. az the current rate, whenever the eL- 4
clauCe can be Obtained
An informal meeting Of bank managers at New (
York. was held On the 18th inst, and anora full .
discussion Il was voted unanimously, that the pay
7ept of interest upon deposits is an njudicous and
dangerous system. an but three four Of the I
hanks have voluntarily abandoned the system, and /
4 committee was appointed to confer with those !
banks and Induce them fPossibe, to join tie move
menG Figures were produced showing an actual
loss to the banks from the system, though Of course
Il made an extra show Of deposits.
The Rhode Island banks resumed specie pay .
mems on the 18th inst. but the Providence Journal
sass that nobody vii, know the difference Probably
mot Blu, the most important assumptions that We
nov heaF of. are the assumptions of work by The
Gotten and wooden mills in various paris Of New
England Almost every day, says the New York
T.pss we hear on some manufacturing establishment
commencing operations again-not in all cases TO
the full exteu, Of their working caPacity-but sutii
Gent TO keep the machinery in order and TO give
employment TO "a good many laborers. The manU-
f,rturers are not rushing headloug into business
sslip but are prudeutly feeling their way along,
business revyes in the spring, as It must do,
an the SUSPENDED mills viii be set il motion again
TO suppIy the demand which the diminished stocks
of goods must create.
gIr. j. L. Rogers, in letter TO the National
Au7i-ar. says that in Georgia, the Roswell Com
Iauy has been very successful paying regularly from
zen TO fourteen per cent dividends, and extending
theirworks. There are a number Of establishments
IN North Alabama and Western Tennessee that have
been emineut'y successful, among them the Bell
faelsTy near huntsville which has for many years,
Deen paying large profits from the manufacture Of
various Kinds ofpails, cheeks tickings, &c, which
ooLll-''i' 10 The markets where they sell, higher
Piloe 'D"u those from any other factory All their
Operative are negroes, ewned by the company
lheH es.ao.,ameut is now worth some $780, OOO /
Martin, Weakly d. Co.. near F1orsn,o Alabama
nave succeeded equally as we'll They commenced
shout ten years ago with one small factory in few
years they oal-t second. larger than be frst and