Kentucky gazette (Lexington, Ky. : 1809). (Lexington, KY) 1836-11...
Transcript of Kentucky gazette (Lexington, Ky. : 1809). (Lexington, KY) 1836-11...
SEOT-WEEKL- 7
From the New York Evening Post.
The financial storm long since predict-- l
od hj this journil has at last commencedin good earnest, and begins now tobeseverely felt, "or a considerable timepast a piesi.ure for money has been ex-- .
penenced in this metropolis, and withina sew dd) it has increased to a degreewhich has"'made it the subject of generalconversation and complaint. Men nowperceive that their projectssustained onthe airy basis of too widely extendedrredit, are in danger ot sudden ruin . A,sense of general insecurity is awakened,and alarm and consternation are takingthe place of that foolhardy spirit of specu-lajio- n,
which, but n little while ago. kept'hurrying on from one mad scheme to an- -
other, as is it possessed the fabled art ofturning all it touched into gold. A com-
mercial revulsion has commenced, and,we sear. Will not terminate, till it hasswept like a tornado over the land, andmarked its progress by the wrecks scat-- ltered in its path.
It 15 nlvrnya to bo oxpectpd jn thlScountry, when anything occurs to create'extensiye dissatisfaction, that newspaporwriters, on one side or the other, willstrive to turn it to the uses of part) ; andwe accordingly find, in the present in-
stance, that the opposition journals seize'the subject of the financial difficulties asa theme for declamation against the gov-- ,,errtment, and ascribe all our pecuniaryembarrassments to theHon of public affairs Some, with singu-lar contempt for the understanding oftheir readers, deal in mere generalities,
t and, in ull the worn out commonplacesof the political slang vocabulary, de- -
nounce the administration as composedof a set of ignorant "linkers of the ,"
or fraudulent speculators, whointerfere with the financial arrangements'of the country, for the purposes of pri-- 'vate gain, perfectly regardless of the'wide spread ruin they may occasion. Inthe saqie spuit they call upon the mer-chants to close their stores and countingrooms and go out into he streets as polit-- lical missionaries, devoting themselvesexclusively, for the next twenty days, to,the business o electioneering, wilh aview of putting down a corrupt administration, wli ch is lorever try mg high hand-ed experiments with the currencv, andobstructing the sources of commercialprosperity. The day has been vv hen themercantile men of this community sufferea tnemselves to bo inflamed by such appeals, and acted in pursuance of such advice. But we trust that day is past, never 10 reiurn.
Another portion of the opposition pa--lera, wmi more respect tor the intelli-gence of their readers, endcavoi to fortifytheir chargea-ngnin- he abministrationby explainingMhe mode in which theyconceive 'Ube the author of the pres-ent 4
difficulties. By some of these, all theembarrassments ot the money marketare traced to the order of the TreasuryDepartment, requiring pajment for pub-lic lands to be made in specie. This maydo very well aB a reason to be urged bythose wise journalists who are ever readyto shape their political eeonomy to the
.exigencies of party ; but will hardly sat-isfy readers ot so much intelligence asto demand that the cause shall be adequate to tho effect. Any one who willgire the slightest attention to the statis-tics of the land sales, and who wilLreflectwhat a vast amount of purchase an inconsiderable sum in specio will pay, in!its necessarily constant and rapid circulation trom the land office to the neigh-boring bank, and from the bank baclftotne land office, must be perfectly satisfiedthat the regulation in questiun cannothave had any perceptible efTect in pro-ducing tho general financial pressurenow experienced.
There is a third class of oppositionwriters who, like the others, imputing nilthe difficulties lo the administration, yetfind out all entirely different and muchmore adequate cause. These impute illentirely to the Tieasury orders, issued tovarious banks in diffeient parts of the
against the public funds collected ondeposite in the banks of this city. By!tho natural couiso of tiade. New York isthe great' money market and storehouse'of bullion fur the entire confederacy. At'this port, sour fifths of the whole revenueof the country arc collected, and wouldhere accumulate, affording a substantial,basis of credit and reciprocal accommo-dation to those who pay it, were it not forthat "tinkering with Ihe currency'" v Inchsubvorts the ndturnl order of things. Tothis extent we sincerely go with thosev.ho are declaiming against the govern-- 'merit. Wo agiee with them that the con-- !dilion ot affairs, as established by ihe lawsof trade, 13 deranged by government in- -teiference, andlhatthe tieasury orders)which have the effect to cause a suddendispersion of the public funds accumula-- lted in thiscil), and to drain the specie'from the vaults of our banks, sending it1hither and thither, and for a time, ent"re- -ly destroying its use, as a foundation of,commercial credit, are the immediate,cause of the prevailing distress. So farthe opposition writers have ourconcur- -lence; but not one step beyond, because, t
further than this, thev are not supported1by tiutli. Let U3 look c ilmly at the facts,'and see where justice must attach the1ulame.
The complaint is, that Mi. Woodbury,directed perhaps bvTthe Executive, issmpsTreasury Orders to banks at various dis-- f
tant points, which they present to thebanks in this city, m many cases de-manding specif, thus compelling those
s su.i.Kniy to retrench, nndjj
"spreading consternation and ruin amongthe merchants The banks themselves,it is further affirmed, is payment of theseorders should continue to be demandedin specievill soon be exhausted of everymetahc dollar, and obliged to suspend theredemption of their notes. We verymuch sear that there is no exagoration inall this. But where lies the blame? Woare not content to slop at Mr. Woodbury,and shower undeserved obloquy uponhim. We cannot charge it to GeneralJackson; for we havo no warrant for be-
lieving he would assume such a fearfulresponsibility. We go further than this:we go to those enactments which make itobligatory on the Treasurj Departmentto act as it is acting, which leave U nodiscretion; which compel it to derangethe currency, to break up theloundationsof commercial credit in this great city,and create all the widespread distresswhich, in tho end, must result from theproceeding. One slop further will showus the origin of those laws; and there we,behold the very men who are now theloudest and angriest declaimers againstthese consequences ; the very party whichis endeavoring to convert them into a fa-- ,
.tal weapon against their opponents. Tothe act regulating the deposites of publicmonoyT and more particularly, to the sup--,plementary act, passed on the last legis-lative day of the session, v,c impute all themischief.
Both these acts were couceived, andmatured, and cairied into effect by theopposition, aided by such administrationmembers as they could deceive with theillusory promises of advantage which themeasures held out to the spuit of sec-tional rapacttj. They considucd theircarrying them a great party triumph.They had public rejoicings on the occa-
sion, with discharges of artillery, bonfiies,ana an the etceteras ot such electioneet-m- g
pageants. They now bch )!d the lt
or rather the commencement of theend. The lruit is of the tree of theirplanting- - is it is bitter, thej have them-selves to thank. Bad as it is, we searthat worse much worse is jet lo come.
We assert that the Secretary of theTreasury cannot possibly act otherwisethan he is now acting. lie dotibtles-sees, and knows, and laments, the con
of the ordeis isued fiom his de-
partment; but ho has no power to with-hold them. The Piesulent ot the United
tes has no power to forbia their beinglied. It jsdone in plain pursuance ofe positive provisions ot the denosite
law and its supptementaiy udei lawsdevised by the anstocracyr carried by the-
aristocracy, lejoiced at by the aristocra-cy. Fain would the President have in-terposed his veto, but they were made toassume such a shape as obviated the con-- 1
stitutional objection, and, in the delusionof thr moment, too many of the democrat-- )
ic party had joined their opponents torender such a stop of any avail Thebills were signed signed with a stron-- l
or nthpr a clear foresightof the evils they would occasion; and The
event attords another forcible illustration1of the sagacity of that great man whomtlie people,, in a happy hour, selected toguide the affairs of state. Other warn-- 'mg voices foretold the ruin that would ensue, ihe views ol Hi. Van LJuren worewell known at tho tune, and were imme- -'
diately aster very clearly expressed. Inthe House of Representatives Mr. Catn-brelen- g
raised his admonitory voice, andpredicted the very st.Uej3jhirigs whichnow exists. But all lnjptn. The op- -
position drowned remonstrances withclamor. They won to their side sectional politicians by the hopes which theyexcued of local advantages. They car-ried the measure; and now they expe-rience us effects Not they only, un-
fortunately; but those who opposed themad, corrupting scheme. The wholepeople feel the effects, and are doomed tofeel them with far greater intensity be-fo- ie
many months are pas'.The supplementary law to which we
have alluded lenders it the dtitv of thnSecretary of theTieasury to make "trans-fers from banks in one State or Territoryto banks in another Siato or Territory,'whenever snch transfers i)iay berequircd,in order to prevent large and inconve-- lnient accumulations in particular places,'or in order to produce a due equalitii andjust proportion, according to the provisions oj sata act" namely, the JJeposi'eAct. The "due proportion and justequality" required by tho provisions ofthat act, is a division, on the fir.t of January next, of the surplus levenue ainono-th- e
states in proportion to their respectiv e.representation in the Senate and Houseof Representatives of the United S'ates;and, in the meanwhile, the Secretin v ofthe Treasury is directed to mtkd ri in-
fers from state to state, according to thatscale of distribution, and not to sufTei toremain in any one deposite bank an a- -mount excoeding thiee-fourlhs- its capi-tal. Thus this wise law obliges him tostand in a posture of perpetual vigilance,and keep carting the public money aboutfrom bank to bank, the moment the courseof business places in any .nstiiution asingle dollar bejond the limitation of the'law. The evil, then, springs from thejlaw and those who made the law, and not,Irom tho Secretarvof tho Treasury,
As for the fact that specie is demandedof the banks in New York in payment of,the Treasury orders, the opposition haveagain only their own party to thank. It isa notorious fact that 11 rnmn.itsr r iU
several directors of nine-tenth- 's of thebanks in the United Statps are membeisof tho opposition. The Treasury ordorsare issued in the usual form, and 11 is lestentirely discretionary with ihe banks inwhose favoi they are issued to make sucharrangements with the banks on whirr.Ihe orders are drawn as shall be mnsi v.-
uie convenience and interest of allties
which the Secrctaev of tho Treasury hay,'of right, nothing lo do He is bound to
act according to the invariable usage of
the Department; and is the opposition di-
rectors of a distant bank choose to de-
mand specie of a New York bank, for thepurpose of embarrassing the institution,crippling its means of accommodating itscustomers, and thus spread Confusion and
panic through the community, we knowof no way in which Mr. Woodbury caninterfere to prevent the result He butobeys the provisions of a law which clear-ly prescribes the mode in which he is toact. That he has every disposition soto discharge his imperative duties as tomitigate as much as possib'e the hardshipof their necossain effect on the morcaiitile community, ho man can cntutainareasonable doubt. He has expressedhimself, as we see stated in the Journilof Commerce of this morning, ready toarrange the disttibutionof toe surplusrevenue in any manner, consistent withthejjavv, v hich sha'l best subserve the interests of trade, and promote stability inthe money market. That paper sjjs,' no more drafts will he issued atpiesent,and some alieady issued and transmittedto distant places, will be countermanded.It devolves on the deposite bauks heretoto point out to the Secretary the mannerby which, in their opjnion, the objects ofthe law can be most conveniently ac-
complished." But the immediate caufceof the financial embarrassments is in thelaw itself, and the Secretary of theTreasury, execute its provisions in whatmode he may, cannot prevent commer-cial distress. In the meanwhile, lh- - con-
dition into which the community arethrown by a sew drafis upon our binks forspecie, is a forcible illustration, added totho many which had been previously af-forded, of (he beauties of that bankingsystom of exclusive privileges by whichthe people have so long suffered themselves to be oporessed.
But the first, great,, and all importantcause of the pecuniary distress-lie- muihdeeper than any which the opposition
papeis assign- - It is neither the Treasu-
ry order in lelation to the public lands,nor the Treasuiy orders on depoMtebanks. These last have, at the veryworst, but precipitated an evil, whicli--,
had no such oiders been issued, or notransfers in any way made, could by nopossibility have been long averted. Itwould have come next vvintei, and witha pressure Sreatl) augmented bj the de-
lay . It would have fallen, like an ava-
lanche, at the very season when revulsion is more fatal, because then j he largest ammounU of payments afo to bemade. The distribution law takes ofiect
in Januaiy,atld had not the necessity ofcomplying with the conditions ot the sup-
plementary bill given the present harsh,but salutary check to speculation, theamount of credit, now so prodigiously in-
flated, would have been still further ex-
tended, and the shock of a sudden explo-
sion would have been far more fearful anddisastrous.
Without the- - distribution bill, even, a,
dreadful commercial revulsion could notlong have been avoided. We were ruhing on madly at a rate which could notlong be continued. The gist obstaclemust have thrown us from our course,and dashed us to pieces. Look at thepresent state of the countiy- - When didit ever before present such a spectacle ofprodigiously distended creditj. Whendid such a sever of speculation maddenthe brains of whole communities? Whendid all sorts of commodities bear suchenormous pi ices T And when, at thesame time, was there- ever such vastconsumption such prodigality, wastefulness, and unthinking profusion? Is thetreasury order the cause of this? Alas,it is one of its remote consequencesWhat filled jour treasury to such overslowing,- that some cunning politician wasprompted by a consideration of the exu-berance to devise-th- schemo-o- f distribu-tion? Speculation. What excited thatspirit of speculation? The sudden andenoimous increase of bank capital, andthe corresponding inflation of bank cur-rency. In the last eighteen months alonenearly one hundred millions of bank cap-ital have been added to the previous
Examine the following bank s,
derived from sources believed tobo accurate, and see how prodigiouslyand rapidly our system of bank-- credithas been swollenAgg egatc capital of the banks in the
United States. sIn the year 181 llhetnul amoun' was""52,600,000
1815 6t,200,000181G 8tt,eoo,ooo182(1 k .UUJ; 1 00,000-1830 110,200,010183 jV& a&,950,0001S3G (August) 2rJJ250 000
Increase in mneyears preceedingl8,20 19,500,00,0Io lenycars 1830 8,10(f,000Do. snyearf 1836181,050,000Who can look at this statement, and
not feel convinced that the cause of thepicsent finaucial distress lies deeper thantreasury orders, whgther in relation topublic lands or public deposites? Thisenormous increase of bank capital in thosixty years has been accompanied by acommensurate extension of pi iv.ate credits- - 1 he bunness of the country hasbeen stimulated into most utivvholesomeand fatal activity. Circumstances, un- -looked tor, have- occurred to aggiavatethe epidemic frenzy. The governmenthas obtained a payment of long delayedindemnities from foreign powers, andnew forrrigd corporations have contractedlarge load's abroad. These sums, addedto tho product of our staples, havo beenexhausted by the excessive importationsDomestic speculation speculation in theproducts of home consumption, in land, in
.town lots, in houses, in stock enterpuses,11 every ining, nas Kept forpare, step
par- - step, V.lh the inordinate increaseI his is a matter w,th trade. Whateign is to pay all this xast
accumulation of debt? It must come at'last out of labor. It must come from theproducts of industry We have been bor--lrowing largely of the suture, and have atlast arrived at the point where vye mustpause and wait for the farmer, the mechanic, and patient hewer of wood anddrawer ot water to relieve us from ourdifficulties.
Reader, take home to your bosom thistruth, and ponder well upon it, it is thnbank sj stem of this country, our wretch
J ..- -- ..J-- . .. .' ruu unequal, uiiuumocrauc sj s cm 01 spe-cial privileges, which occasions the difficulty we now begin to feel. It is not pre-tended that Under the free trade systemof credit, or under any system, commer-cial revulsions would not sometimes, andto some extent, take place. They aroincident to the n iture of man. Prosperi-ty begefs confidence; confidence leads torashness; the eqample of one is imitatedby another; .and the delusion spreads un-
til it is suddenly dissipated bs some ofthose rude collissions, which aic the
penalties of a violation of thelaws of trade. But such fearful and fa-
tal levulsions as maik the eras of thecommercial history of this countrj , vv ouldnot, could not,, take place under a freetrade system of banking.
It is when ignorant legislators pretendto define by law the limits of credit andshaking at one time with "unnecessarytrepidation refuse to enlaige them to thewants of tiade, while at another thej ex- -
tenb themfarbeyoud all reasonable Scopeit is wlicn such ' lamperers with the
curiencv" attempt to contiol what is inits nature uncontrollable, and should befiee as airr that rebulsion, panic, andcommercial prostration necessarily en-
sue. While we have restraining lows.and especially chartered banks, vvc shallhave periodical distress in the moneymarket, mere or less severe,, as the pe-
riod has been hastened 01 delaved bj' ac-cidental causes. Partv writers miy atone timo lay every disorder to the remo-val of ihe depos.tes, and at another to atreasury oider; but whatever ordoistheTieasury may isMie, the alternate irifla.ttons and contractions of tho paper currency incident to such ,1 pernicious sys-tem as outs wilt" continue to produce thqirinevitable consequence, unwholesome
business, followed by piostration,sudden and disistmus.
Wc have exhausted our spaco for thepresent; but shall have moie to say onthis subject another day. There aresome-propheti- passages 111 the speech ofMr. Chambielengon the distnbution bill,last winter, to which vvc shall take anearly occasion to ask the attention of ourreaders.
FROM FLORIDA-OPENIN- G OFTHECAMPAIGN.
The Apalachicol.a Gazette of the 8th111st. brings the following inte iigence,from which it appeals that hobti'c move-ments have been commenced 011 thewestern side of Florida, with considera-ble spirtf.
From Tamfa Bay. The- steamorMerchant, which lest this port on the28th tilt, with a detachment of regularsand friendly Indians under the commandof Col. Lane, fur Tampa Bay, returned 10 our wharf again this morning.
We learn that Col. Lane, on Ins arri-val at Tamp 1, lost not a moment in commencing operations, but with his usualactivity, dashpil into the enemy at onceThey were enab ed to land their fotcesat Tampa on the morning of the 30th;and having learned thatapaity of thehostilcs had burned a. house near thatplice the night before-- , Col. Lanerwitha party of 19 mounted men, and about100 friendly Indians on footrset off thesame afternoon in pursuit of them
Aster a very rapid march of about 12miles, the enemy were discovered on theopposite side of the Indian river.- - Col.Lane and his sew mounted men, whowere considerably 111 advnee of thefriendly Indians, made a most vigorousand gallant charge upon the enemy, duving them down the river to a largehammock ; where, from the great dispar-ity in numhers, they deemed it prudentto await the arrival of the friendly Indians, who were under the command ofMajoi Watson, of Columbus, Geo. Abrisk sire was however kept up by ColLane, and the enemy, held in check tillthe reinforcements arrived. As soon asthe friendly Indians came up, a veryanimated sight across the river ensued,which lasted some fifteen minutes; whenMajor Watson ordered a charge, washimself the first to cross the rivei, andforemost throughout the sight. Thehostites soon gave ground, though slow-ly at first, nni1 sought with desporottonfor a mile'nnd a half, when Ihe rout be-came general. They were pursued bCol Lane and his nfpuuted menr tillnight came on.
Colonel Lane wis much exposed, during tae action, and Ins h e was at onetime probably sived by a Mr King, of,the regulars, who seeing an Inaain ta-king ami at the Colonel, threw himselfbefore his officer, and receiv ed the ball inhis own body!
Majoi Watson has since been piomo-lo- d,
and the Colonel speaks in highterms of his conduct. Lieut. Leonanlwas also conspicuous for his bravery '
hai ing had his horse shot under him. 'lThe loss of the whiles was onlv inn
wounded. The enemy's loss not known,as night came on and prevented an exam-ination.
The number of the enemy could notbe accurately ascertained, though esti-mated at from one to two hundred.
Soon aster, this affair, a diplomaticcorps was sent out, and until, their re-turn, operations will ceaso.
-
At the annual meetine oftl.r. Forr.,iQOrphan Soce.y of the city of Lexington,
held in the Court Houae on Tuesday the7th inst.at three o'clock P.M.Mr Will-iam Richardson was called to the Chair,and Rev S. V. Marshall vvaB appointedSecretary. The meeting was openedwith prayer by the Rev. Mr, Leacock."The annual Report of the Board of Man-
agers was read, and, on motion of Rev.N. H Hall, seconded by Rev. S. V. Mar-shall, was unanimously received, ap-
proved and is as follow?:
REPORT OF THE MANAGERS OFTHE ORPHAN SOCIETY,
November, 183G.Kach revolt in year, which adds another to the
age of an Institution that okps iU foundation andsupport lo a benevolent rnininunil)', brings pleas-ure and anxiety to us manager. They rejoireagain rn the good feelings whirb gave it being, andare again desirous its fiiends and patrons shouldknow and approve it 9 management rl o visit andrelieve the fatherless is an injunrunti of HolyWrit, one mark ol "hue lelig on and undefiled,and we mrmply pray our heavenly rather 10 blesthose, who, from cbedience and tenderness, sounded and sustain this charity, an earnestly entieatill to unite with us in returning trunks 10 "Himfrom whom cometh every good Bud perfect giltfor Il'sproterlroitof this hllle family riming thepast j ear In this as)lum, eighteen children aiesheltered frpm Ihe dangeis anil privations of anorphan state Willi one exception, which was ofshoit duration, they have eujnyed uninterruptedhealth They have been decpntly and properlyclad through each season, their moral jnd intel-
lectual culture unceasingly attended to; tiabiU ofindustry carefully formed; personal neatue:., sonecessary to ami cumloit, smelly enjninel,anil a tender nurse provided to put the rule inpractice, and perfnim oilier duties connected .villiher station . All under the supervision ot a judicious matron, who sees executed the wishes ofthe ..Managers, and to whose firm, jel mild admin-
istration of the las, mcch of the sucee of theinstitution ma be attubuted.
'I he Treasurj 's Report exhibits the sum ex-
pended for the suppoit of the family during theyear lc36, ami the limited means remaining toprovide for them tnrough the winlsi: they are insufficient; but the IManagers, from a knowledge olthe untiring benevolence of their fellow citizens,feel encouraged 10 solicit them (or assistance- Toincrease ihe number of annual subscribers Iheearnest wish of every member All acknowledgethai in enrouragmg surh a charity, they are pro-
moting a most ricligh'ful means of good, withwhich no evil is mingled and from whi"h it cannotbe extracted by any eaithly perversion of its ob-
ject. Every woman's heart must glow with pleas-ure when the reflects, that lo the assylum whichshe aids in maintaining, she tan direct the eye ofthe lndignent- dying parent, whose children are tobe lest desolate, when she llilnks of the balm whichslows to their hearts when they hear, that thosethey leave nvpoverty overwhelming , will he savedfrom misery an I Vice, sheltered frooi the storms oflife, when they can no longer counsel and piotect
'1 hey are- ministers of mercy 'vho can thus uVrect, and the departing will bless them, and ex-claim, "the bitterness of death is past'"
By order of t le Board,.M. C. GRATZ,,S(c B MOS
The annual Report of the Treasurer of the So-
ciety, was then read and on motion, was unani-mously received and approved.
TitEAStnu r's Report,From Oct. 4, 1GM5, to JVou. 1, 136.
Monies received 111 yearly subscriptionsand donations, StflGL
fllonevat Interest, 500
lotal. 1561MOMES JCjOMDED,
In Wood, SI 27,00House Expenses, 698.2GSalaries jf Matron and Assistant, 3J4,12
Total, Si 058,39Balanre remaining, . 501.1121
L Balance in the Treasury, S'iG2JBdltAH VVAKUf
Treasurer of tlie Orphan Society,October dl, It)3(i.On motion of Robert Wirklifle Sen. E'q,
seconded by Rev. N. II- - Hall,Jluolvcd, Thai the Reports of the Managers
and l ieasuier of ihe bocietv, together with Iheproceedings of this meeting bfc primed, and lhatthe Eriiiois of the several newspapers in this city,be respectful!) requested to insert the same 111 thecolumns of their papers.
On motion of Mr J . M. .Hewett, seconded byuev us risuoacK,
lie$oued, 1 hat a committee be appointed tevisit ell the wards and ihe citizens thereof, to so.lieu and obtain annual subscriptions and donations,either 111 money, clothing or piovisions; and thatea-- of the clergymen of the veveral denomina-tions of this city and county, be requested to takeup a, public collect mi once a J ear, and use othermeans, leaving ihe lime and manner with them-selves, in aid of the funds of iho Society of tneOrphan Asylum.
Messrs R. Wicklifle Sen , N. II Hall and DrJb ishback, each addressed the Society 111 a highlyinteresting and apDronriale manner.
Jlesolvtd, lhai the number and designation of.me committee oe lelt to the Hoard oT Managers.
On m .tionof Rev S. V. Marshall, seconded by11. 11. nan,
Jiesolied, Ihatthe Boaid of Managers-- whosoterm of service has just epned, be continued inoflice during another year
The Society then ariruured ufieruravei hv iheRev N. II. Hall.
S. V. MARSHALL,Secretary of the Meeting.
From the London Courier, Sept 10.ASCENT Or THE GREAT BALLOON.On no previous occasion in the annals of cero
station Ins publip curiosilj been so strongly excitedas on that of the ascent of the stnpnndou9llRoy-a- lVauxhall Balloon," hich took place yester-day from the above iishionable gardens. Allho"ihe price of admission had been menased to halla Clown, long before the doors wen opened, whichwas 1101 until half pasi one o'clock, a latge num-ber of persons were in waiting for admission Onthe doors being thrown open, the Indn wassound to he already two thirds inrlated, the processfrom the extraordinary size of the machine, havingcommenced as early as ten o'ciock. About twoo'clocl,a sudden change took plate in Ine weatn-er- ,
and from thalhour until half pastit rained incessantly , but the ardor of tho loversof cerostatics, appeared to be nothing daunted bythe untoward occurrence, for thev flOLked mm il.gardens regardless of the " pelting of the punlessstorm,'' many elegantlj dressed women not evenopening their parsols to shield them from the rain.--.. U. ".muiibj meir view 01 ine balloon,bhortly aster sour o'clock, a favorable change ap-peared on the fece of hevsven, at which Ihe balloonussumeu tne lorm ol an immense pear. Abouthalf pat sour o'clock, the rajn having subsided,preparations for the ascent were commenced;they, however, occupied nearly iwo hours, ihepower of the balloon several tunes ra.s.,,. a i...part of ihe L. division of police,, who had holt of. . ..c.mig.rom me ground, notwithstanding near
"" """u'eu weigius werw also attached by.op 10 ine stupendous machine. Al Bve u'clock
.aige pariy 01 the nobility were admitted bytickets within the arena, where the inflation tookPlace. Among them were the Doke of RrnLord I almerston, the Earl of Coventry , with aparty of ladies Lord and Lady CharUville,Count d'Oesay,StrV,ll,am Abdy, Colonel andtlie Hon L. Stanhope, Captains- - While, Ogle,htopforri, 4c. Shortly afteivvards inerar. wwi.on account of the weather, had been stripped ofis splendid purple velvet covering and gilded ea
tln.
to which the ropes at thfnhiting'nad baan fastened'.Twenty sour baflasts, each weighing fourteenpounds, w ere put within it, as ere also six carrierpigeons, and a number of other articles At 30minutes to si o'clock, every thing being Uien"ready, the following persons then entered the car.
Mi and MrsCharlhs Green, Mr J. Green, cap-tain Cnrrir, Mr Er'win Gye, one. of the proprie- -etors of tie Gardens,another gentleman connectedwilh the Gardens, and iwo other gentlemen, ofthe names of Sheel and Holland, as we are in-
formed. Two strong ropes were then attached,one on each side of the car, which were eachheld by upwards of fifty persons, on which MrC. Green commenced trying the power of theballoon, when he soon discovered ne had got loomucngas Alter letting a considerable quantityescape, he called his ry AnnGreen, daughter of the late Mr William Green,,who immediately, and appaiently verygladlyvObeyed the summons, and jumped into the car,;making the ninth adventurous spirit within itsalready crowded interior. The word was thengiven for Ihe ropes to be loosened, but before thatcould be done, Ihe rope acioss the 'loop by whichthe neck of the balloon is fastened, broke with aloud snap. The damage was, however, scon re-
paired, and aster Mr Green had allowed soaie.Qtthe gas 10 the signal gu 1 was sired, andexactly quarter past six the magnificent machinequitted te-i- a firnia. amidst Ihe spontaneous cheersus Ihe assembled campany, the hand playiue"God save the King.rr At this moment the
the scene was most intense; every sptc-tat-
by his cosntenance the anxietywhich he felt for Ihe situation of the rerorauts.
No pmset-a- be too great for the coolness ahftpreseure of mind displayed by MrGre-- n 111 thissomewhat tryu g situation. He gave his directtions in thai irspned ihe crew of his.comparatively frail vessel With confidence -l his.management, and, as it were, millcipaled their; 'security from Hccideut and dargcis. The ascendwas most magnificent, directly tha wordi wasgiven to cast oil the fast rope by which Hie ball, yloon was retained it shot w.uh velocity from hvearth, and mounted high in mid air, in the direc-tion us l'unbri 'ge, shifnrig Us couro front east tosoutheast. '1 he shouts of the multitude, snnihe clang of ihe muniments of tlie military bamtwhich was stationed 111 the, grounds, accompaniedus fl glu, 'Ihe scronauts waved their hats andflags, and continued rapidly to rise. A grandersight can hardly be conceived.
This balloon is really and truly u hit it liasbeen slated td be by the proprietors of the girdens-'- 'a oeauliful and stupendous balloonv"'The diniennons of 11 are enormous, it is 157 feet111 circumference; the height rs 80 feet, hiscomposed of 2,000 yards of silky crimson andwniie, which is exceedingly throH m the fabric,and wove in a particular mannei. Tlie gores areunited by a cement invented bj Mr Gieen, 01 anature so tenacious as to prevent all chance otseparation It contains 70,000 cubic feet of gas.The inflation was under the direction of MrHutchiueuu. This alone is said lo have cosf
70. '1 he peculiarly heavy slate of the atmos-phere produced a weight of condensed arr upon.Ine surface of the balloon of neatly half a ton,hut so highly ranfied was the gas, that the
was sufficiently buoyant to have takenpeople. '1 he ronauts all displayed tne
greatest intrepidity, anil were greeted with thrlou I cheeis us the crowds assembled."
The interestwhicll the announcement "that aballoon would ascend, with from eight to ten per-
sons," hacj createe,was almost universal, and isihe day had only held up sine, according to thapioinise of the morning, there can be but little'doubt that the number of visitors on the occasionwould have vastly exceeded any whichbefore assembled within the limits of these gar-dens A? it was, the thiong in the gardens
to many thousands, but the numbers,within bore no proportion 10 those which had as-
sembled without. Every point from which a viewof the gar ens could be commanded was complete-ly crowded , and many of the streets in the neigh-boiho- od
were for a time wholly impassible. OnVauxhall Bridge, JIJTillbank and the adjacent,streets and roads, thousands were waiting for hours1.1 hlado ds a strong indication of the deep aud
interest which is taken by the public lv
111 the cause of scientific discovery,'JTliur is-- , is we mistake not, the largest machine
of the kind tlial'ha-- s ever been constructed, anditne only one, with a single exceptiSi,-i- n winch-mor- e
than two or three persons hive venturedthemselves from tena ffrtna-- 1 he balloorn
in wqich the Duke of Chatties and three otherindividuals (iwo of whom were brothers, minedRobeils,) asi ended op the 15th July, 1784, fiomthe Pailt of St . Cloud, measured 55 feel in length,an i 34 111 diameter.
JDtsicnlof tlie Balloon. The balloon, with-H- e
nine passengers, descended near Cliffe,at. naif past seven. Mr E Gye, with
immediately proceeded to Gravesenn itra cart,4nd having despatched a man to ihe spotwhere thv machine lay, came up to town in apojtchaisc without delaj, leaving. Mx Green,,with the other passengers, in charge as the bal-loon.
Dr. SAM. B. RICHARDSON
PROPOSES to the Medical Class nowcourse of iustruction-upo- u
"
Topographical and Comparative Anato-my and Operative Surgeryr
during the regular session of 183G-- 7. This Williconsul of lectures and demonstratiopsand are de-signed tobeauxilliary to ihe regular course of le-e-tures 111 the Medical Depa.lment of the Universi-ty, An Intrnduclorj Lecture explanatory of
proposed, wi'l be delivered at the close ofthe week of regular inlroductories in the Universi-ty of ihe time and place rius notice will be giv-en. Lexington, Nov 3, 1836 69-2- ti
FALL AND WINTER-NE- W
GOODS. '
Great Bargains at Wholesale and Retail'
JOSEPH IL JHERVEY,Opposite the Court House MainSttLcx-rogton,Ky'-
MAS just received and 15 now opening a vcrjassotlment of Merchandize fori
Fall and Winter Sales. Among his Stock ofTDry Goods are
Cloths, Cassimers and Sattinetts, of all colorand qualities; Mohair and Pilot Cloth r Flushingand Petersham; a splendid assortment Row,.Mackinaw and Whitney Blankets; English,Frenoh and German PUm, Damask and Gro p
Mennoes, (an elegant assortment,--) a large.stock, new style Prints; 4-- 4 French Chintz;slam and rich figured Satins, black and faucvrcolored do de Swiss, Dro de Grain and otherItalian suns; needle worked Capes, and Collars;plain and embioideied Meiino, Thibet and other;Shawls; Ladies' anil Misses' Gum Elastic
Gloves and Hosiery, (a. sine assort nent;)rur ivapes, men and Hoys' Fur and Seal Caps.Ingrain, Siair and Passage Carpeting; Gilt and.Mahogany Frame Glasses; Brass Andnmis,,Shovel and Tongs; a large assortment Shoes andBoots; Ladies' and Gentlemen's. Saturated, OverShoes, do Water Proof Gaiter Boots, do Fur"I'limmed Kid Shoes, do Gaiter Prunell and Seal,Boots, do My, Lasting and Kid Slippers, &c. A:c.
HARD WARE AND CUTTLCRY.A large slock; Glass, Queensware and China,&c. ic. Alrnf which were selected with greatcare by htmtelf m tlie Eastern Cities, and wil besold either at Wholesale or Retail, at a ususllysmall advance He invus all who desire tu pur-
chase GOOD and CHEAP bargains to give him,
a call, confident tint no one will he dissatisfiedwith their purchases Come and lr),
II. IJERVEYiNov 7
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