Daily State Guard from Wetumpka, Alabama • Page 2

rate Tower eof interest' than six per cent. -HE StATE-ailARD', families" of that good "Old Dominion." ot -'pclished unaaner an eminent, jurist Dftmofirat as he isT we are reioiced at his and is distinguished per annum 1 his resolution. Mo rfR' Hut office. Iut appointment to a "desirable what is the office Can the Gazette in- ff'r BardjV Mr ted States charter, waa" continued, it ae I linn -nnAi tUo. 1 I Uorm us?" uviuiHiyi.ii Buuj.ivania and theresur 'was; fhat loans on stock whioh stood at 84.797,936 4 reached I toon jar qfl? i01, -v varied and extensive acquirements.

He will not only. aidvrn the gubernational chair. but unless we have "writ our annals'v wrong, adopt such a course as will tend to develop the resources' advance the interests, and elevate the station, of our State. lie will notwe opine, be restrained by any lack of ability and firmness from adopting such modifications of And we would not be surprised if this 'young Virginian" was to turn rut to be "an interferer ia elections" and a rank whig at that. We wbuld not only like 4 These The State Guard published Daily, and Weekly, on the following terms: i vY; Dafy pap" nn In advance for one year, 5 UU advance for six months 2 50 Weekly paper, 't V' In advance for one year," 2 00 1 If paid wjthin six months, 3 00 loans ere, neany ail to pcJunaL ageBta an1 tha mnnt i'Y "iiu "'I muni YUiuues Slocks gay 24,000 shares Moms' cahaK S2.4nn nr.n 1 r.

1 fit and rail roads, and lumber if 1 I'll aa 1 fill to know what office but who is this lucky Democrat who has been so fortunate as to receive favor at Old Zack's hands. i Nomination for Governor. We learn that the State Convention at fjf not paid until toe.ena ot me pi, our state policy as me exigencies or ine times, the wants of every branch of Commerce and the monetary difficulties of the State imperatively demand. i' VVe cheerfully hoist his name, and have an abiding confidence that success will crown, the June 22, 1849. paiiius iui never weiu into operation Ji was only necessary for 'certain persons, in order to procure to pledge stock' of an incorporated company, however remote its operations, or uncertain' its "pros? pects.

As an instance, the Ellsworh (State of Maine) land and lumber compi. ny was organized with the, use of Daiiiel Webster's name as President', but hever a dollar. of caDital 'was' nmM Montgomery, on Tuesday evening, nomi nated the Hon. Henry W. Collier, as the Democratic candidate for Goveinor.

This nomination of 'Colfier. Democratic Ticket, FOR GOVERNOR. selection was made after many ballots; the name of Governor Chapman being withdrawn. HON. H.

C0LL1EB, OF TUSCALOOSA. Correspondence. Wetumpka, June 20, 1848. Wm. S.

Kyle, 'Esq. Sir -At a meet-ing of the Taylor party, held in this city on the 18th you were unanimously This nomination we expect, will be highly popular with the Democracy and FOR CONGRESS 3RD DISTRICT. SAMPSOi W. UAliiilS, OF tJOOSA. In Autauga and Coosa.

FOR STATE SENATE. recommended as a suitable person to represent this Senatorial District in the Alabama Legislature and the undersigned were apr-ointed a committee to ask your acceptance, and we feel confident that your the people of the State. Judge Collier has long been most favorably known to the public He has been upon the Bench of our State for more than twenty years. While quite a young man, he was elected one of the Circuit Judges, and subse-quently became a Judge of the Supreme Court, over which, for a number of years, he has presided as Chief Jusiice. Thro'-out his whole career, he has been distinguished for his abilities, his acceptance is a1 sufficient guarantee of ur any business Yet.ihe assests of the bank showed a loan of $5,000 on 10 shares of that stock.

The given away in that year, for given away intact it must: have been considered by officers who- knew that the stuff taken was worthless, and the borrower totally irresponsible, was in bank promises. was supposed that the circulation 'thus pushed to 11 4,227 would remain out but it came back for the payment at the same time, that Pennsylvania demanded her bonus. In all this time Samuel Jau. don, was' cashier: ait a salary of" $7,000 per annum, and to meet their ac cumulated he wasl sent to Europe, where he negotiated, a loan of fiancis ia Paris, and 1,000.000 in London. 'IVi 'providef lurtherVWns; and continue to borrow, it was thought necessary for him to reside there as agent, afccordingly he resigned the cashiership and became agent at a salary of per annum, with his brother, C.

B. ilaudon, as his clerk, at $5,000 per annum. your election. TfLMAN LEAK, A. J.

J. OWENS, S. W. HOU.3E. Wetumpka, June 21, 1849.

Gentlemen I have just received yours of the 20th communicating the proceedings of a meeting held in the city of Wetumpka on the 17th at which my name was unanimously recommended as a suitable person to represent this Sen atorial District in the next Legislature. I have witnessed with much pleasure the continued confidence manifested to his integrity, and the dignity of his character. To great amenity of manners, and a possession of all the social and domestic virtues, he joins the most unlalter-ing energy and decision of purpose. The Reports of the Decisions of the Supreme Court are a monument, of his learning, his patriotism, and his indefatigable indus try. No man could have been selected Seth P.

Storrs, OF AUTAUGA. Public Speaking. B. B. Moore, a candidate for Repre.

sentative from Coosa county, will address the citizens of Wetumpka and vicinity, on Saturday next, the 23rd day of une. Judge Collier. So far as we have receive our demo-cratic exchanges, the nomination of Judge Collier by the late Democratic Convention, meets with the warmest ap-' probation. The Mobile Register, Cam- den Dallas Gazette, Eufaula De-? mocrat, Greenesboro Beacon, Clarke County' Recorder, Tuscaloosa Qbserver, Flag it Advertiser, Montgomery Gazette, Talladega Watchtower, Jacksonville Republican and Centre Cherokee Union, all have expressed an entire approbation to the no dination, and all evince a spirit of determination, to enter the cauvass in the who would have been more acceptable to the people of this State for every intellectual and moral quality than Henry W. Collier, the profound lawyer, the pure pa wards me by my friends in the three seve-ral meetings which have been held in this city, for the purpose of recommending a triot, and the pious Christian.

for the Senate. As a politician, Judge Uollier has at- suuaoie person, to run suitable person, to run ways been, we Democrat of the though I fear in their kindness and parti- strictest faith. We have known him tor many years, and although, from his posi tion on the Bench, hp has never been an When he started for London the bank paid him $5,074 for the V- loss on sale of his furniture, and $1,015 for his passage to London. Mr. Jaudon continued there up4 to.

January, 1841; and in that time there was paid to him as follows Loss of furniture 5,074 00- Passage money 1,015 00- Regu.ar salary 179,044 47 Office expenses 35,166 9f Extra commission on loan of vt. 4 1839 38,755 5ft In France 83 970 37 support oi me nominee in we ngm way. We 'have not the least doubt but every ality they have placed too high an estim-ate on my humble abilities. Suoh, how-ever, as they are, and poor and impotent as they may be, I do not feel at liberty to withhold, when demanded by my friends, and for the service of my country. I shall therefore as early as practicable commence canvassing the District as a candidate for the Senate, and shall prosecute it with all the powers of body and mind of which I am possessed, unless arrested by some positive and decided action of my friends.

Very respectfully, your ob't serv't, WM. S. KYLE. To Messrs; Tilman Leak, A. J.

Owens and S. W. I'MOS in inn 910 uin fin likewise, and that not the least dissatisfaction will be expressed in any quarter of our party. active partisan, yet we always found him willing to express his opinions freely upon political topics, and they always coincided with those of the Democratic party. He was, and is, an opponent of a Protect-ive Tariff, a National Bank, internal Im-provements by the General Government, and of ail forms of Federal Interference with our Domestic Institutions He was a decided supporter of Jackson's, Van Bu ren's and Polk's administrations, and an advocate of Gen.

Cass's election to the Presidency. He favored the annexation of Texas believed the Mexican War to be constitutional, just and proper and regarded the territories ol California and iSe (Mexico as most valuable acquisitions to which all the people of our couutry are equally eutitledand from which Con-gress has no right to exclude any portion, in the enjoyment of. all their rights ot property, It Judge Collier has ever failed or faltered in his.political course, we have not The Ttn District. We are gratified to see so unanimous a move made for a District Convention by the Democracy as has been within the last week to settle the conflicting claims of aspirants for a sea, in the next Congress. This move will certainly to our party friends in that District, harmony, and consequently success.

We no From the New York True Sun. Government 15 auk and JJank-crs. The operations of the late National Bank are yet ripe in the public mind, The national disgrace, the individual ruin and the general demoralization which attended the corrupt career and deplorable dissolution ot that great political engine, are yet present in their effects upon commercial welliare and a generation must tice the 'names ot Col. Geo. Reese, of Chambers, Thos.

G. Garrett, of gajCoL Walker and Col. W. B. Total, 3 years 3 months' 39 The services fur which this money was paid were the negotiation of $12,212697 at a loss to the bank, had the loan been paid, $1,149,907 as it was the leridrs were the sutierers.

By the sale of bonds and post-notes the bank, raised abroad and entered the exch inge market, selling bills without limit, and without funds, upoa Europe, for their agent to take Up as best he could nd the money obtained for the tills here was promptly drawn iu specie, in order to break the New York banks, that the in-solvency of the huge monster might be" concealed amid the general bankruptcy of similar institutions. Amidst these gU gantid' schemes the general election resulted infringing the -bank party into power, and the prospect was held up to the bank that the possessiou of the public money would once more restore its credit, nd renovate its vaults. Public opinion repudiated the concern hoser, and it finally was forced to give up the ghost six weeks before the inauguration of Gen. Harrison. The developments tuat followed, not only produced the strongest feel-ings in London against the persons who' had raised such "large sirnis upon so shal-; low a basis, the bank's own friends turned round and declared "the idea' obsb- The Whigs went out of power, but have again touiid an available chieftain, whose sword has onened to them ha pass away before the evil influence of Martin, of Benton, and last though not least the former talented and able repre sentative F.

W. These are all that concern will be obliterated from financial circles. The difficulties that at-tended the concern grew mainly out of the tact that it was controlled by purse- gentlemen of ability any one of whom i would represent the District with credit and integrity. We are confident not one of these gentlemen would refuse to abide tne decision ot a convention, tne circum- staraces of which loudly demand the sembling of a convention, when so many. known it, nor do we believe that he has ever been tainted by any Whig or partialities.

His selection by tae Convention is an ample endorsement of his orthodoxy and we believe that he will be elected, by the largest majority ever given in the State. Indeed we think it probable that the Whigs will not venture to run a candidate against him. We understand that Judge Collier will certainly accept the nomination. It is said that, upon receiving the intelligence, be immediately retired from the Bench of the Supreme Court, then in session, and that that body suspended the docket until a successor should be appointed. While we thus herald this nomination, we cau but express our regard and admi-ration for Gov.

Chapman, who received a majority of the votes of the Convention, but not two-thirds. He has always been a sound and consistent Democrat, aud a faithful public servant a.id. although it was not thought expedient to renominate him, he will carry wiih him into retirement the confidence and esteem of the people. Mobile Register, ivn Aavta aaa in ffiA fin A an1 lk.it poe whig is running. Itf Some of the whig organs are proud and reckless men, for the most pan incapable of that laborious application to regular business which' i3 necessary to insure success.

The president, who was surrounded by men who, deeply engaged in their own particular business, were too much occupied to investigate beneath the exterior of the dashing quackery to which they all subscribed as long as personal facilities flowed from the fallacious policy of the Bank. This man in control of a large capital which it was thought impossible to loie entirely, got on smoothly un-til the people of the United States decided to have no more National Banks, even if well conducted. He then attempted to control public opinion by paper issues, as he subsequently attempted to control the cotton market by the same process, and failed as miserably in the one as the In 1835, this concern, when it found Congress, as the trying their be'st to make it appear that Old Zack, the" no-party President has ac tually put one democrat, in office, but in reasury, and yublic report announces this instance they have made a most signal ouuuu, exigent ex-cashier, as the government banker at Wash. failure The Alexandria Gazette, in ma king a great ado about this" glimmering appointment 'makes the following uujntel ligable iremaks i Some lutle feeling has been excited among those who perhaps cannot look --r. wuvumii res ix the peopie, inexorable, seduced Pennsyl-want ft itn ktiM a I iV i iuiu uj mo inagoincence of its offers.

It gave S4.500.oon ington. A new- National Bank is ou of the question no persou would subscribe to its capital nor any 'business inaa ac V. knowledge its expediency. T'he rigid operation of the Iudependant Treasury is. the fcurest safeguard against the gigantic briberies that attended the old institutiori, and the existence of a national debt is the ouJj link oetweea brokers and banker and the goverumenL' The cashier of the late National Bank being re-established at Washiogton, the Vice President is ar- ranging his plan of a great national paper issue wnich he announced ia his report as Comptroller of New York, and a meeting io ISew England proposes the issue of 60,000.000 ot stock lor a railroad to California.

These are some ot the elements thai are called in action in less than We learn from one ot the delegates from this county, to the State Convention, that Judge Collier of Tuscaloosa1 was nominated as the. Democratic candidate for Gorernor. Though we prefered anoth-er distinguished member of the Democratic party, hose claims we have more than ouce set before the people, still all things considered we must reard the "upon tuch an occurrence quite disinter-estedly, because the Secretary of the vy has appumted to a very desirable of. fie in the south-west, that identical geu. 4 tleman whom four years ago, the editor of Union described as "an ardent young Virginian, as ardent as a Southern suu ean make To this our friend Langdon, avs: and agreed to buy stocks to ihe amount of 000, at Buch rates as would raise the bonus equal to cash.

Simultaneously with this iosane undertaking, the President procured from the Board of Directors, in March, 1835, a resolution appointing an exchange cura-mittee of three "to make loans ihe security of the stock of his bank, or other approved security, and if necessary, at a1 nomination as an excellent one. That it will prove highly accepJable to the Demo "We know uie irgmiaa referred to a nobler of a true gentleman never sprang from the "first crats in every sectioa of our Sute, we do not doubt. Judge ColLer is a gentleman.