Fayetteville Semi-Weekly Observer from Fayetteville, North Carolina • Page 3

TTTARRIED, oss $13 VER. PAYBTTEVILLB. HuMBuaaiBT. The Western Sentinel, pub. lished at Winston, N.

wages war upon the banks, which it calls "cankers," and charges with an "unjustifiable course." It pretends that the democratic party is and has been, "from the days of Jackson to the present time," opposed to banks; and that "the bulk of the opposition to banks and bank charters within our own State, has always come from the democratic party." These are strangely inaccurate assertions. The party did, indeed, kill the United States bank at Gen. Jack- CONGRESS, In the Senate, on Monday, Mr. Evans of S. C.

announced the death of Senator Butler of that State. Obituary addresses were delivered by Messrs. Evans, Mason, Pugh, Clay and Cameron; suitable resolutions were adopted, and the Senate adjourned iktne House of Representatives, on Mon- day, the standing committees were announced, The members from North Carolina, with the ex- CeDtion of Mr. Clinirman. a assigned rather low son's bidding, but not because he was opposed to a bank his Messagesprove otherwise only because he could not make the bank a political machine to execute his proscriptive will.

And in lieu of that bank, so destroyed, the democratic In this town, last evening-, at the residence of Majer Walter Draughon, by the Rev. Jos. C. Huike, OWEN HOLMES, of Sampson," to Miss MAETHA R. WILLIAMS, daughter of the late Blaney Williams, of Sampson.

In New Hanover on the 9th inst, by the Rev. Colin Shaw, Mr. ARCH'D N. McDONALD of Fayette-Tille, to Misa ELLEN only daughter of the lata James Anders. DIED, In this town, on the 11th Dec'r, of consumption, Mrs.

RACHEL JANE LONDON, wife of Manger London, and daughter of the late Alexander Troy, aged 34 years. The life of the deceased exhibited rare combination of very good and ennobling quality of mind and heart. As friend, she wan sincere and affectionate; as a wife, devoted and obedient; a mother, loving and faithful; as a Christian, earnest and truthful; indeed in every relation of life, she was exoellent and true. Society has "lost an ornament; her friends, a pattern; her household, an angel. In a long and pain -tnl illness, she illustrated the beautiful perfection of her character, by gentleness; patience and resignation.

She was not afraid to die, but calmly and quietly, while yet she had strength, prepared for the change. No claim of duty or affection was forgotten; and when all was done, full of courage, thankfulness and faith, with a heart overflowing with love to Ood and man, she gently quitted the earth to lake hr place in Heaven. Wil. Journal. In New Hanover County, on the 12th ultimo.

CORNE LIUS MURPHY, aged 87. The deceased was a native of the Island Arran, Scotland, and emigrated to this country in the year 1774, since which time he has been i resideut of New Hanover County. FAV KITE ILL MARKET. December 17 BACON 16 a 17 LARD, 20 a 00 COTTON 'MOLASSES Fair to good, 10 a 10J, Cuba Ordin. to mid.

9 a 91 N. Orleans, 35 00 a 00 a 00 COTTON BAGGING ISALT Formally Excommunicated. Judge Pong-las, of Illinois, has been read out of the Democratic party. The Washington Union perfotms the ceremonies of excommunication in an editorial of 3 columns, and all the organs, little and big, follow the Union's lead. Judge Douglas's offence is a difference of opinion with the President.

The President bestows the offices; Judge Douglas's office bestowals are in prospective only; of course he is kicked out, and is a very small potato indeed. The people of the South have become so accustomed to hear the praises of the "Little Giant" from every stump and to read them in every democratic journal; they have been so often told that though all our Northern Allies were true and great, none were so true and great as the inventor of that patent safety machine, the Kansas-Nebraska Law; that there may be some curiosity to know what evil can be said of him whilst the ink in which his praises were printed is not yet dry. Says the Richmond South: "We are no longer allowed to entertain a doubt of Senator Douglas's determination to abandon the Democracy and enlist in the service of the Black Republican party. In his speech of last Wednesday he not only reproached the President with the utterance of radical and essential error in the Message, but distinctly declared himself a champion of Black Republican interests in the Kansas controversy. Of course this apostacy was greeted with the unaffected applause of the party to which the Senator from Illinois so suddenly transfers his allegiance.

Seward and Hale bore the most conspicuous part in the ceremony of initiation, but all Pandemonium welcomed the lost spirit with an energetic grasp of friendship, while hallelujahs resound from every anti-slavery paper in the liirplificr Sfntfs on Oysters. Some adventurous person has plunged into the ocean of Gov. Wise's messages, and has discovered that he renews his; recommendation of a tax on every bushel of oys-sters taken from the waters of Virginia. It is said that he proposes a tax of 10 cents a bushel, that be estimates the quantity taken at 4,000,000 bushels, and that he consequently calculates to raise a revenue of $400,000 from that source, with an expense of only $21,000 for collecting it. According to the N.

Y. Commercial the Governor says that "Virginia has 1,580,000 acres, containing at least seven hundred and eiyhty-four millions of bushels of oysters; and that the maternal oyster is so prolific that she spawns three millions annually, all in one month Goodness gracious, there is a fsh story foryou, conchologically speaking. Now if the Governor bad kindly told what proportion the oysters maternal bear to the oysters paternal, and how manyof the former are on the average prolifically disposed during the year, we would have sent him a computation that would have set at rest his distressing fears about the supply being exhausted. "He does say that allowing five-sixths of the spawn to be swept away by the tides or devoured by fish, every mother oyster deposits around or near her half a million per annum." Very good. He says there are 784,000,000 bushels; the annual increase from each madame is that by calculation 14,000,000, but in his opinion, of bushels are taken away annually.

Now how, if but 14,000,000 of bushels arc annually taken from a stock of 784,000,000 bushels, and every mother (compute them at 300.000,-000 or 400,000,000, possibly at 600,000,000) in that number adds half a million yearly to the stock, after all contingencies are allowed for, the supply can run out would puzzle any one but his Excellency Governor Wise. "We hope our Virginia friends will not take the tcise counsel offered them. If they reahae four millions of dollars annually from making (oyster) beds, they ought to be content. Any tax would be folly; and "while 'every individual mother oyster' adds a nursery of half a million party mrougnouc me union, wherever tney naa turesand sixth on Pensions. Mr.

Winslow fourth the power, created hundreds of new ones. As to otl Naval affairs and second on joint Library Corn-North Carolina, there is not a bank in the State miUee, (three members.) Mr. Clingmac is Chair-that could have had an existence at this day if man of the Committee on Foreign affairs, some-the democratic party had been opposed to them, times an important Committee, but from its pre-if they had not directly voted for them. We sent construction considered of little moment, we lately showed this in detail, by reference to the SUpp0se. Mr Branch fourth on Territories.

Mr. banks 'and to the political complexion of the Leg- Qlancy Jones of Pennsylvania, is Chairman of islatures which passed their several charters. Our tnc Ways and Means; Stephens of Georgia chair-statement has been before the public for some two man 0f the Territorial Committee: and Houston Gunuy, 20 aOO Liv. Sack, 25 a 00 0 Dundee, 18 a 00 FLAXSEED 1 10 a 0 00 FLOUR N. C.

SPIRITS Family, 5 25 a 0 00 P. Brandy, 1 25 a 00 Super. 5 00 a 0 00' Apple do, 1 00 a 00 Fine, 4 75 a 0 00 1 Whiskey, 63 a 65 4 50 a 0 00 WOOL 00 a 00 GRAIN TURPENTINE Corn, 0 70 a 0 75 Yellow dip, 1 80 a 0 00 Wheat, 1 00 a 0 00 Virgin, 1 70 a 0 00 Oats, 50 a 0 Hard, 0 85 a 0 00 Peas, 1 00 a 0 00 Spirits, 33 a 00 Rye, 1 00 a 0 00 TIU'RSDAY EVENING, DECEMBER 17, 1857. jgj' From and after January 1, 1858, no nam of a new subscriber will It tntered on our subscription book -without payment in advance, and the paper will be discontinued at the expiration of the time paid for. Hie same rule will be adopted with such of our present subscribers as request it.

Valuable Present. According to a late act of Congress, new members who receive copies of books published or purchased by order of Con-gross, are required to present them to some public Library or Literary Institution. We learn that the Hon. Warren Winslow has accordingly added his set to the already extensive Library of the Cross Creek Lodge of Odd Fellows in this town. There are 138 volumes, generally very arre, and containing a vast fund of Historical and Political information.

The cost was upwards of S1000, we believe. As matter of reference, no where else to be found in this Congressional District, we annex a list of the works, to which, of course, the Librarian of the Lodge will cheerfully give access: Annals of Congress 1st to 25th Congress 17S9 to 1837, 71 vols. Congressional Globe 23d to 33d do. 1834 to 185531 vols. Opinions of Attorneys General, 5 vols.

Life and Works of John Adams, 10 vols. Jefferson's Complete WorkR, 7 vols. Reports of Sec'y of the Treasury, 7 vols. Elliott's Debates on the Federal Constitution, 5 vols Pension and Bounty Lands, 1 vol. Constitution, 1 vol.

Schools. It is pleasant to note the increase in the number of Sc tools of high grade throughout the State, and especially in our own neighbor, hood. The readers of the Observer on Monday last could scarcely fail to note the large number advertised. In addition to others previously inserted, there were notices of no less than six inserted for the first time on that day. There are now advertised in the Observer "The Oxford Grammar conducted by Mr.

H. Horner; "Rockingham Academy," by Messrs D. W. J. M.

Johnson; the "Mt. Vernon Semi nary," by Rev. R. P. Jones; "Haywood Female Institute," by Mr.

and Mrs. P. C. Shaw; "Hay wood High School," by Mr. A.

R. Black; "Buffalo Male and Female School," by Mr. and Mrs. D. Mclntyre; "Carthage Institute," by Mr.

Clement Dowd. We believe that all or nearly all the teachers in these schools are natives of this State, most of them graduates of the University. N. Ci Methodism. The statistics of the late Conference showed 203 local preachers increase this year 29,167 white members increase this year 194; 3,177 white probationers increase this year 75; 11,584 colored members increase this year 250; 1125 colored probationers increase 65.

Showing a total of 45,252. There are many schools under the care of the Conference. We notice in the proceedings, as published in the Petersburg Express, that at one timo Dr. Deems, Chairman of the Committee on Education, presented the reports of the committee, embracing Wayne Female College, Olin High School, Lenoir Institute, Warrenton Female College; Glen Anna Female Seminary; Danville remaie oeminsry, naieign remaie seminary, ana jonesvuie xuaie ana remaie Acaaemy. lhere are a number of others attached to the Conference, we believe.

Sinking Fund. The State's dividend of 000 on its stock in the Raleigh Gaston Rail- i road has been invested by the Sinking Fund Com- missioners in State Bonds at 92. The Standard expects soon to add $60,000 more to the fund, a dividend on the State's preferred stock in the North Carolina Road. These two items will ex- tinguish nearly $100,000 of State debt, and $6,000 of annual interest. And a larger amount will nro- 0 Lably be bought up each succeeding year.

77. 77 4 Life Insurance. To public men, salaried officers, ana otner classes 01 people wnose iamines aepena upon their intellectual or manual labors for sub- sistence, it is of incalculable benefit to have something upon which to rely for the comfortable support, after their own those dependent on and dear to them. Publia men and salaried officers especially are seldom enabled to lay up any thing, and to them the Life Insurance office is their natural resort. It gives us pleasure to state, that our late dia- tinguished fellow citizen, Hon.

James C. Dobbin, p. aces. Mr. Gilmer is seventh on the Committee on Elections.

Mr. Ruffin sixth on the Public Lands Committee. Mr. Scales eighth on the Committee for District of Columbia. Mr.

Craige fourth on the Judiciary. Mr Shaw eighth on Manufac- of Alabama of the Judiciary. The House determined to occupy the new Hall on Wednesday. Mr. Butler's death was announced, and the House adjourned In both Houses, on Tuesday, the death of Senator Bell, of New Hampshire, was announced.

Cruel Proscription. Of all the forms assumed by the detestable principle of proscription on account of political opinions, which was fastened upou the country by Gen. Jackson, the most cruel is that practised by the Republican Commissioners of the Central Park in New York. The city employs many hundred laborers and mcchauics in work upon the great Park about to be opened there, and the Commissioners in charge of it have catechised all applicants for work as to their po- itical opinious, and refused work to all who were not Republicans. In the present condition of the poor laboring people of that city, this is outrage ous, et so little is it regarded there so accus tomed to such things have the people become that the Commissioners boldly and unblushingly admitted the fact.

It was also proved that they were employed at one price and paid less, the difference evidently going into the pockets of the Commissioners. The Cause of the Pressure. Strange as it may seem, the President and his Secretary of the Treasury do not agree as to the cause of the present monetary revulsion. The President says, "It is apparent that our existing misfortunes have proceeded solely from an extravagant and vicious system of paper currency and bank credits, exciting the people to wild speculations and gam bling in stocks. Secretary Cobb says, "It becomes necessary to inquire into the cause of the present revulsion, as preliminary to the consideration of a proper remedy for it.

Public opinion generally holds the banks responsible for all our embarrassments. The true cause is to be found in the undue expansion of the credit sys tem. The banks constitute an important part of that system; but there are other elements entering into it which, equally with the question of the banks, demand public consideration. Credit, confined to its legitimate functions, is the representative of capital, and when used within that limit may extend and invigorate trade and business; when it ceases to be such representative it stimulates overtrading, excites speculation, and introduces an unsound state of things in the business of the country. It is this undue expansion of credit which has brought the country to its present embarrassments.

The extension of bank credits and the over-issue of bank notes is a part, and a very important part, of this undue expansion. If it be true that our embarrassments have been occasioned by the cause here assigned, we must look beyond the action of the banks to the operations of other 'corporations as well as'individuals to fathom the entire cause of our difficulties The limits of this report will not admit of a detailed examination of this subject, but a solitary illustration will present the subjecin its proper light. In answer to a circular letter addressed to the various railroad corporations of the country, the information contained in table No. 9 has been obtained. It appears from this statement that the capital of these companies amounts to their indebtedness to $417,243,664.

The annual interest upon the latter sum is their annual income was $48,406,488. MAYOR Wood. A full Bench of the Superior Court of New York has decided uoanimously that Mayor Wood of New York defrauded Edward E. Marvine, his partner in business, of $7,026. And Marvine obtained a judgment for the amount.

A nice fellow this Wood to be Mayor of the greatest city in the Union, and td stir up the active sympathies of the Administration in favor of his ra-election. Coeraw Cotton Market. The Cheraw Her ald says that the receipts of cotton from July. 1st to Pec. 1st have been only 1,564 bales, against 6,967 to same time last year, and 5,784 in 1855 The Herald says the merchants should be thankful that they were able to buy so little in the early part of the season when the prices was high.

The Federal Whig party, whose power and in fluence has prevailed in North-Carolina up to within a few years past, engrafted these institutions the banks upon the body politic, and suffered them to attain a footing and a power as firm and potent almost as the Government itself. Western Sentinel. Will the Sentinel favor us with the datesvof these engraftings, and the complexion of. the Legislatures when they took place? Was it ic 1804, when the first two banks were incorporated? In 1810, when the old State Bank was chartered? In 1814, when the first two charters were renewed? Or when was it? Facts and dates are what we want, not sweeping general assertions. Phtt.tp Write This former Temrjern ice deni faat hfl fc- a ol liquor.

He says he was expelled from the Society for drinking ale, too publicly, as a remedy for afflictioD 8tatement is due because latelJ MPled a dlfferent one from the SPmt us or three months, aud neither the Western Sentinel nor any other democratic paper has ventured to call in question its accuracy in any particular. Democratic Legislators chartered the banks, (and the wonder is, not that they are imperfect, like every thing of human creation, but that they are half as good as they are.) What did we see at the last Legislature? That body was overwhelmingly democratic two to one and yet the granting of a new charter to the Bank of the State was made a thorough party measure. It was passed as a State necessity, but unfortunately was so bungled that, though it might be a tolerable charter for the public it was so stringent to the stockholders that they would not have it. If the democrats could only compel people to put their money in banks for the convenience of the public and without reference to the profit of the capitalist, we would then doubtless have that "well regulated, judicious system of banking, thoroughly guarded, and doprived of the unjust powers and privileges at present enjoyed under democratic charters by the generality of banking corporations," of which the Sentinel and other democratic organs tell us. They are ever lastingly prating of a reform of the banking system, but none of them can tell in what that re form consists.

By all means let us amend the system where it can be amended. But take care that amendment is not destruction, as in the case of the Bank of the State. The Wilmington Journal, in commenting upon the course of Messrs. Leak and McRae, says: "We object only to its fland distribution being promulgated as Democratic doctrine, which it is not. And we here take occasion to remark as we did freely at the time when speaking about the matter at all, that the appointment of Mr.

Mc Rae to the Consulate at Pans was an unfortunate one, not because of any personal objections to Mr. McRae, but because of the apparent sanction given to a violation of the principles upon which the administration itself had been piaced in power. If the Journal "freely" said so in 1853 it es caped our attention, and we unintentionally did it injustice in our last, when we intimated that Mr. McRae's appointment met with no expression of disapprobation. We are under the impression, however, that the Journal's recollection is at fault.

If not too much trouble, the Journal will confer a favor by re-producing the paragraph in which its disapprobation was so "freely" expressed. If we have erred we desire at once to correct the error. But whether we erred or did not err in that particular, the fact remains undeniable, that whilst Mr. McRae was canvassing this District as a Land Distribution man, he was appointed to high office by the Democratic Administration; he went abroad an acknowledged Democrat, and he came back, as his party papers said, "this distin guished Democrat." How then is he "an apos tate?" He has not changed his views. That is conceded on all hands.

Whilst on the subject, we may remark that the Raleigh Standard, in paying its compliments to Mr. Leak, says a very hard thing of the late Ad ministration. "We hardly think, says the Standard, Mr Leak will encounter the good fortune of being ceaxed out of the way, as Mr. McRae was, by a handsome federal office. Let him not "lay that nattering unction to his soul.

Is it possible, as the Standard alleges, that the late Administration, (which it was wont to declare that of a second Washington,) interfered in our local elections so grossly as to buy off a candidate likely to damage its interests? Can it be possible that such men as Pierce, Marcy, Dobbin, Davis and the rest were guilty of an attempt to bribe a public man, and having bought him with an office entrusted him with the interests and honor of our oountry abroad? Not so, not so, it ought to be hoped. And the last quarter from which such a charge should proceed is one from which no word of complaint of that or any other act of the Ad ministration proceeded whilst it was in power The Standard's remark, we know, was intended only to damage Mr. McRae. But it imputes corruption to the Administration quite as much. as to Mr.

McRae. tIf the Standard's present version of the matter is correct, why has it been withheld to this late day? If the alleged acts of corruption occurred, why did not the Standard expose them? Surely, the Standard, knowing all this, did not conceal it from the public and continue to laud the Administration and Mr. McRae, merely because they were in office? Bennett and the President. The Washington Correspondent of the N. O.

Picayune says that Bennett dined with the President a few days since. Hon. Howell Cobb was the only other guest, penneu, says me wmer an "peccant rf thm miioinn tn Urn no hnt will TAKA Anatrn We learn by this morning's mail, that just as South Carolina has shown its good sense by re- trade the Legislatures of Alabama and Texas are "He was a politician of considerable promise. Association with Southern gentlemen had smoothed down the rugged vulgarities of his early education, and he had come to be quite a decent man and well-behaved person. In the beginning of his career he was identified with some of the obnoxious measures of the anti-slavery party, but the same salutary influence to which, he owes the improvement in his manners, wrought a wholesome change in his political opinions.

"In fact his change of position is as sudden as it is violent, and is precisely that sort of conversion which implies either the miraculous agency of immediate inspiration or the subtle influence of corrupt motive. The Senator has never been suspected of any intimate converse with the inhabitants of Heaven; but neither is he thought to be inaccessible to the approaches of the Evil One. In an apostacy so signal and so incapable of explanation on the hypothesis of a sincere conviction of judgment, the world will scarcely be at a loss to detect the operation of an ambition that would sacrifice every obligation of patriotism to the gratification of its own unchas-tened desires." A fierce fight is evidently in prospect. Douglas is not easily to be put down, and if he is put out of the party, there will be very little of the party left. The cause of the quarrel is the construction of the Kansas-Nebraska Law.

Douglas thinks that the principle upon which that law was founded, w.as the right of the people to frame their own Constitution. The President's Message construes the law differently, or Douglas says it does. We don't care which is right; only, Go Ahead! Kansas is a humbug any way. And the South will be humbugged whether Douglas or the President triumphs. But the more damage they do each other, the greater chance of a change in the rulers of the country.

The Revenue. The Secretary of the Trea sury estimates the receipts into the Treasury for the nbe montn8 from 0ct lg57 June 3Q 185g at $36,750,000, via: from duties on im- port8 $33,000,000, from sales of lands $3,000,000, anJ miscellaneous sources $750,000. This is less by $15,000,000 than was estimated by the Secretary of the Treasury a year ago. And yet it seems to us to be still much too large a sum to suppose can be received under the present scarcity of money and consequent diminution of imports, and the reduction of duties made by the tariff which went into operation on the 1st of July last. To produce $33,000,000 from duties, he estimates that it will require $174,000,000 of imports of dutiable goods; besides which of course there will be imported many millions of free goods.

It seems to us that no such amount can possibly be needed by the country, full as it already is of foreign goods which the people are unable to pur The duties received at New York during October and November, the first two of the nine months referred to, certainly do not promise such large revenues. They amounted to less than $2,000,000. State Rights Again. In Secretary Cobb's Annual Treasury Report occurs a passage which at other times and from any other source would produce many an exclamation of dissent from the democratic party, which pretends to be, or for merly pretended to be, par excellence the State tax payer and tax collector to bags of gold and silver over the country. Tt is comparatively easy to get specie jn, the large commercial cities, where the United States collects its revenue; but a very different thing in the back woods of North Carolina and most of the other States.

But besides this, it is an interference with a matter over which the general government has no jurisdiction, and with which it should, not be allowed to interfere. The same remark applies with full force to his other recommendation to the States to prohibit bank notes under $20. Resumption of Specik Payments. The Banks of New York, Boston, Albany, and New Haven formally resumed payment on Monday last. It is expected that the New England bants generally will follow forthwith; and that gradually the banks throughout the country will soon do luewise.

Godey's Ladies' Book. We have received from the Publisher a copy of the January No Copies are for sale at the Book Store. infant oysters that requiie little or no attention and no feeding or clothing, they have no need to get into a stew about not having enough for themselves and their neighbors." Costly Funeral. New York city had a grand pageant, a few days ago, over the second burial of the remains of Gen. Worth, who died in 1849, and to whom a monument is now about to be erected.

As the city was expected to foot the bills, they were on a liberal fculo, the following being specimens: Refreshments, St. Nicholas Hotel 8322 42 Overcoat lost in Governor's Room 15 00 Staging for Mayor Wood to speak on 110 45 Catafalque, (new name for Hearse,) 1,893 75 Bringing Gen. Worth's hrirse from Philadelphia, (not used, and another horse substituted at $5) 25 00 Use of Plumes 30 00 Clerk hire 50 00 Coaches 617 00 Coffin and funeral from Greenwood 50 00 The whole amount of bills was $4,779 4, but more are yet to come. The St. Nicholas bill was for a grand supper, wines, ordered for the mournful occasion by Gen.

Sandford, Gov. King, and Suite. The city refused to pay that and other bills. It must have been a shocking swindle which New York city would refuse t6 pay. A Gallant Court.

The Court of Claims has presented to Congress its decisions in 68 cases of claims against the United States. 27 of the whole are reported upon favorably, and of these 1 are claims of ladies. Whilst of 41 unfavor- ble reports, only 4 are upon claims of ladies. The ladies are almost always right. St.

Lours, Dec. 14. From Utah. The Kansas City Journal of Com merce of the 5th says that Joseph Megeans, trader from Green river, arrived there on lues- day, being the latest arrival from LTtah. Megean accounts conhrin previous advices.

He reports that nearly all the emigrant trains were suffering from Mormon depredations; their wagons being burnt and their cattle stolen. Large quantities of grain and forage stored at Fort Brid- ger bad been burnt by the Mormons to prevent its purchase by the Government. They had also burned all the grass routes beyond Fort Bridger. The snow on the mountains wasthree feet deep, and the country was covered with it as far East as Blue River. Bunalo were very abundant.

The Leavenworth Ledger of the 9th says that an express has just arrived from Utah. Col. Sumner arrived here last night. Capt. Van Vliet passed through in post haste baturday morning.

The rapid movements are supposed to have re ference to the Utah army, but may be despatches to General Denver, or General Kearuey, the com mander of the troops in Kansas. Washington, Dec 15. Mormon Emissaries. Senator Gwin's Cali fornia correspondents mention that there is an ntense excitement there to enlist against the Mormons. Also, that Mormon emissaries are scattered throughout the State, meditating most serious mischief.

Washington, Dec. 15. Gov. Walker Will Resiun! Intimate friends of Gov. Walker assert that he will shortly resign, and is now preparing an address to the people, stating his, reasons for this course; designing, however, to use no language tending to disturb his friendly relations with the President.

Fire. The alarm of fire this morning, about half past 10 o'clock, was caused by the burning of a dwelling house occupied by Mr. Henry J. Risely, in the southern part of the town, together with the kitchen and stable. The buildings were owned by Mr.

Richard A. Risely, who estimates his loss at about $2,000, upon which there was no insurance. Two small houses owned by negroes, and of trifling value, were also destroyed. Wil. Herald.

Slavet Manumitted. The will of the late George W. P. Custis directs that all his slaves, some 200 or 300, shall be set free within, the next five years, leaving it to his executors to provide the necessary funds from his estate to re move them trom tne commonwealth. PORT OF WILMINGTON.

ARRIVALS. Dec'r 12. 8chr Exchange fm Baltimore. 18. Scbr Volant fen Jacksonville.

14. Scbr Palestine fm Hyde county; Manson and Laura fm Shallotte, Vermont fm Boston. 15. Schr Jonas Smitn rromn xorx, Jas Buchanan from Charleston, Mershon from Philad. Dec 16.

Schr Native, fm Perquimans Co; 8chr Virginia Core fm Hertford, Sohr Alice fm Little River. Mrs. S. H. Steel will open a School for small children at ber residence on Mumlora street, on Monday, January 4th, looS.

Dec'r 16. 68-8t REVIEW OF THE MARKET. Cotton Previous to opening of the mails nearly all went off at the highest figure; afterwards there was not so much animation: for the cause Bee foreign news. Flour Not niiiuh change. Corrected by Jamis G.

Cook. WILMINGTON MARKET. Virgin and yellow turpentine 2 30, hard 13 0. Spirits 37J. Common Rosin $1.

Corn 63. Flour, super 5 To. Wheat, red, 1 15. At New York, Southern flour dull and heavy at $5 to 5 30 for mixed to good; 5 35 to 6 85 for fancy. Cotton heavy and lower Under the Steamer's news, buyers offering only 10; middling uplands quoted at 10J nominal.

Spirits 3V to 40. COMMERCIAL RECORD. ARRIVALS. Lutterloh Co's Line. Dec 15, Str Magnolia, with fronds for Reaver Creek Co, Martine, Shaw, Winslow, Mrs Hart, Thornton, Taylor, Pritchett.

Mrs Evans, Turlington, Lilly, McLaurin. More Coupon Bonds For Sale. I 4k Afcdfcifc COUPON BONDS of County of Cumberland; $10,000 Do. Town of Fayetteville. The Western Rail Road Company will receive sealed bids for $10,000 of the Coupon Bonds of the County of Cumberland, and $100,000 of the CouponBondsof the Town of Fayetteville, until the 4th of January next, and for like amounts of' each on the 1st Mondays of February, March and April.

The County Bonds bear 7 per cent, interest, payable on the 1st of June and 1st of December, and are redeemable 20 years from 1st June 1857. The Town Bonds bear 6 per cent, interest, payable 1st Jan'y and 1st July, and are redeemable 'ZO years from 1st January 1856. These Bonds are a part of the $100,000 authorised by the General Assembly to be issued by the Town and County respectively, in payment for their subscription of $100,000 to the Capital Stock of the Western Rail Road Company, and are the only Bonds ever issued by either Town or County. The Town Bonds are $500 each. A few of the County Bonds are $100, the remainder $500.

C. B. MALLETT, Pres't. Dec. 10, 1857.

69-tf For Christmas Holidays! riHE subscriber has just received a large and well assorted lot of Toys, Fancy Goods, Suitable for Christmas Presents. Among which may be found Leather, Shell and Inlaid Card Cases; Portmonaies; Portfolios, a general assortment; Alphabetical Blocks; Miniature, Pictorial and Fancy Gift Books; Libraries, containing choice selections of good Books; Gold Pens and Pencils; Papier Mache, Fancy Glass Boxes; Games; and many other Notions too tedious to enumerate, which 1 will sell CHEAP FOR CASH ONLY. M. BANKS, Green Street. Dec'r 1G.

68-3w SMALL PORT ON AIE, containing a Safe Key ami Set of Carol Shirt Studs The finder will be rewarded by leaving it at JOHNSON CROW'S. Dec. 17. 69-lt Pocket Diaries for 1858. E.

J. HALE SON. Dec'r 16, 1857. Godey's Lady's Hook for January, 1858. E.

J. HALE SON. Dec'r 1857. DOBBIN HOUSE For Rent or Lease. gl HE Lease of the present Proprietors of this well JL known House will expire on the 1st January, 1858: the property is offered for lease or rent To a person desirous of undertaking the Hotel business, an excellent opportunity is offered.

The building is large, well arranged and in complete repair; its location wilt always command for it an extensive patronage. As the present Preprietors intend changing their busi ness, the Furniture, which It nearly new and in good order, can be purchased on favorable terms The House will be delivered on or after the 1st of January, remaining open under the present manage ment till a tenant is obtained. The fine Store in the same building, formerly occu pied by Mr. Wm. Booth, is also ottered Tor rent Prest.

Dobbin House Co. Dec'r 16, 1857. 69-tf NOTICE. BlHE Subscriber having, at December Term of the Court of Pleas and Quarter Sessions of Camber-land County, taken Letters of Administration on the Estate of Jno. Crow, deceased, hereby gives notice to all persons indebted to th estate to make Immediate payment; and those having claims against maid estate to present them, duly authenticated, for settlement.

FURTHER NOTICE. WILL BE SOLD, at the Marke House, on Thursday the 7th of January, 18J8, the following property belonging to the Estate: 1 Carriage and Harness, 1 Wagon, 1 Cart, 4 or 6 head of Cattle, Household and Kitchen Furniture, Farming Utensils, Corn, Fodder, Hay, ft. Terms of sale. Six months credit; Notes with approved security required. P.

CROW, Administrator, with the Will annexed. Deo'r 17. 69ta had several years ago taken a Policy for $6,000 Rights party. It is nothing less than a reco rain the "International Life Assurance Society of mendation to the State governments to require London," which has a General Agency in New gold and silver from their citizens in the payment York, and a local Agency in this town, and of all their taxes. The proposition itself is mon-the amount was promptly paid to Hon.

J. G. strous, for every man knows how impossible it Shepherd, Guardian of his children, on Tuesday would be to carry it into effect, and Jiow incon-last, (the day it was due,) by Messrs. Stark venient it would be, if it were possible, to both it Pearce, the Agents here. I'RorosED Re-Opening oi the Slave Trade.

The country was startled and shocked last year hy the Message of the Governor of South Carolina in favor of re-opening the Slave trade. The Legislature, however, then appointed a committee-to consider the subject, with directions to report at the present session. Accordingly, a majority report, in favor of the idea, doubting the expediency of adopting it at present, was presented by Mr. Bryan, and a minority report, opposed to it in toto, was presented by Mr. J.

J. Pettigrew. The Legislature haa done itself honor by indefinitely postponing the whole subject, without debate. The report of Mr. Pettigrew is universally ad mired, as "wise and conservative, eminently correct in tone, sentiment and conclusion." It gives us pleasure again to notice the distinction which this young North Carolinian has acquired in our sister State a distinction rare for one of his years, but not beyond bis merit as a itatesman and jurist, a scholar and gentleman.

a I entertaining it. i of the Age..