Newspaper of The New York Herald, March 25, 1855, Page 2

Newspaper of The New York Herald dated March 25, 1855 Page 2
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Ce., which fw kept op all that day, and over 9400,000 ?<u withdrawn from the bank. The next daj the run ?MMd, and matters ?ppan)utJy were moving on m ueual, till the morning of the 22d, when their bank wae not ?pened at the unual boar, and shortly after handbills were sent all over town, announcing that they malt Hue pend. It seems that quite a deep ran had been going on all day, till th?ir specie wax reduced to lean than $100, UM), and the j feared to keep open any longer. Owing to the tact that it wan a holiday, but little business wa* dune that day; jet it seems that over $'200,000 wu drawn out during the day from Adams ft Co', a. lhat evening the -trainer arrived with the news that Page, Bacon % Co. 'a drafts had all been paid, and it waa then nupposed that the excitement and trouble were over. Rut the next morning Adatna It Co. announced that they too mult hum pend, and shortly after Weill, Fargo ft 00 f< I lowed init. Kobineon's " Barings" Rank and Dr. Wright's Miner 'a Bank did the same, and then came a general ran on all that remained open. The greatest run was upon Drexel, Hatutr & Church, B. Davidson, and Lucas, Turner & Co. Tallin t ft Wilde and Sanders ft Brenham suffered little from the panic, and paid off their depoaitora. Palmer, Cuok ft Co, were not alfected by the run in the least, but paid every claim aa presented. This home, which hai been most fiercely assailed during the past year for par tisan purposes, and.every means, both fair and unfair, taken to impair its credit, when the hour of trial came was tound stronger than any house in the city, and able to lend a helping hand to its neighbors. On Saturday the run continued, though most of the ?mall depositors had withdrawn their deposits on the day before. In Saeramento, Adams k Co., Weill, Fargo ft Co., and Reid & Co., closed their offices; the two latter ftrma having sustained a heavy ran. In Jameftown, John H Richardson, who was doing a hanking business at that place, elosed his doors und de parted for parts unknown. Uis depositors lose about 930,000, and Page, Bacon k Co. about $3,000. Upon Biehardson's departure Uis safe was broken open by the people, but only $'20 was found therein. Throughout the mining sections, wherevsr it could be reached o; telegraph, the suspension of Adams k Co. waa announced early on Friday morning, and simultaneously ? run waa commenced upon all the other banking houses. Adams & Oo. stopped payment at all their offices, and Wells, Fargo k Co. at Sacramento, Uarysvilie, Nevada, and perhaps a (few otber places. tieorge W. Plume, at Maryaville, suspended, aa did also Hamlet Davis, at Nevada. The creditors of I'ag?, Btteop & Oo. held a meeting on Bunday last, and considered a plan by which that house may be enabled to resume payment. The bank exhibits assets, over and above liabilities, of 1868,848; bat it is ? roper to state that upwards of $1,800,000 is in New ork and St. Louis, whereas the liabilities of the eonaern are mostly due in California. It was proposed that de poHitors to the amount of $400,000 should receive evi dences of Indebtedness, bearing interest at the rate of 1 per cent a month, and payablo in two, four, six and ?ight months; and it wai thought that if the depositors accepted this proposition, the house would be enabled to Con. Merchant! and others affixed their names to a nd in the sum of about one million of dollars, guaran teeing the payment of theae deposits, and it is now be lieved that the house will be enabled to resume business in the coarse of Ave or six davs. Messrs. Wells, Fargo & Co. resumed payment on Tuesday, and so tar all demands have been promptly paid. Adams ft Co. have died a petition for insolvency, and their schedule of assets and liabilities show a balance on tbe right aide of about $100,000 ? assets, $1,814,285; lia bilities, $1,036,717. Mr. Woods has given all hii pri vate property, estimated at $250,000, and thia goes to make up the total of the assets. We understand that the express business of Adams ft Co. will be carrid on without any interruption. The failure of Robinson ft Co. is a bad one, but it is hoped, and by some believed, that Dr. Wright will re nme, in a few dajs. [from tbe Pan Francisco Herald, Feb. 28 ] The people of California and of tbe Atlantic States Kay learn many useful lessons from the occurrences of the past week. The tlrst consideration -which must strike every reflecting mind is the madness and ingrati tude ef the Eastern States in opposing every measure for the benefit of California, and throwing all manner of obstacles in the way of our advancement. Such a course in the height of short- sighted folly. During the year 1864, we snipped to the Atlantic cities gold dnst to tbe value of at least sixty millions of dollars. During the same time there was an exhausting drain of specie from Mew York to Europe, and we assert, what those abroad who most revile California will not deny, that our gold saved the entire business community from bankruptcy, tad enabled the banks to weather a Ktorm that, but for us. must have proved more disastrous than that of 1837. The arrival of the California steamer was looked for with feverish anxiety, and Wall street breathed again an ?ur treasure* were steadily poured into the exhausted vault* of the bankers. Had it been aDnounoed, during tbe trying times in New York, that California had rut, loose from the Btates, and would send no more gold to their relief, consternation would have filledevery breast and a crashing panic have been the consequence. Yet the very men, and their representatives in Congress, who have been saved by California from ruin? who are even now indebted to us for the very life blood tint gives vitality to their commercial system ? spare no op portunity to revile and injure us; their journals de nounce us as little better than savages? they frighten tbe timid by telling them our State Is another Pande Biorium, where all manner of horrors await them. They letter emigration by charging the most exorbitant rates of passage to our shores ? they glut our markets and cripple onr merchants by inundating uh with goods we do not went, and then denounce us as swindlers if they do not realize a hundred per cent profit on their shipments. They cunningly duplicate the or ders sent by our merchants , and stupidly manifest them an unspecified merchandise. The Western and South western members of Congress are, in the main, our friends They support tbe measures which are indin B usable to the further progress and prosperity of our tte. But the Representatives of the States bordering the Atlantic? commercial, manufacturing and agricul tural? just those which are most dependent upon and mont indebted to us, are those that are most uncom promising in their hostility to us. They oppose the overland telegraph, the I'aciffc Railroad, the overland Ktage road, the line of steamer* to Sbangh&e, the re funding of the civil debt, and generally every measure calculated to develope the resources of our State and to produce the very gold upon which their stability de Cnds. These stupid politicians? molt short-sighted ego it#? will now have an opportunity of learning to their eoat. how entirely they are dependent upon us. The steamer wh ch left here on Monday took ninety-three thousand dollars, instead of tbe usual quota of six or ?even bnndred thousand, and the mail steamer of Mon day will probably not take more than one hnndred thou sand instead of a million. When these advice* reach New York, if there be not a rattling among the dry bone* in Wall street, we are very much mistaken. When our revflers further learn that tbe golden stream which has ?untamed them so long, is likely to be cut off for monthn to come, tbe storm through which they have been stag gering for the last four months will burst upon them with redoubled fury, and then they will realize in soma degree what they owe to us, and with what ingra .itude they have treated u*. If the new* have the effect of opening their eyes to their real intereatn ? if it convince them, as it ahould do, that they are, by ? direct chain of conreuuencet, benefitted by every aoeaxure that tend* to increase the population ? to develop the resources and advance toe prosperity ?f California, we shall not have suffered in vain. As regards our own community, it will require time to restore public confidence. More than three million* and a half of dollar* have been withdrawn from the banks in thin eity during the past week That vast amount Is aow in private hands, and is likely to remain there for some time. It will not be recommitted to the custody of banks, neither will it be allowed to remain idle very long. The holder* will soon begin to look around for ?afe Investments, and real estate, State, city and county ntoek s and scrip, railroad* and water companies, must bo favorably affected. It in a legitimate conclusion that mortgages on good property, at a fair rate of Interest, ?hould command a premium, and that interest on real aecuricy should fall The actual losse* to the commu nity from tbe recent bank suspensions are by no msnns no great as were thought to the first moments of panic. Nothing will be lost by i'age, Bacon tz Co. and Wells, Fargo fc Co. We have no means of knowing exactly the liabilities of Robinson's Saving* Bank and Wright's Uln ars' Exchange Bank, but they were comparatively (mail concerns, snd taking the worst view of the case, the loeee* by them will not exceed ooe hnndred ami fifty thousand dollars. Adams M Co. 's asset* are reported by tbe receiver to exceed their liabilities by six hundred thousand dollar*. It canait be expe:ted that these as sets will realize the full amount at which they are rated, but at all events, they will go far towards satisfying their credlttr*. Sum up the whole losses then, and they will notexoeed a few hundred thousand dollar*. It would not require a very large tire to consume property of as great a value, and yet the community at large wotill not feel it very severe'y tbe next day. The fact ii, the In** is more in the destruction of public confidence than in actual cash; and public confidence is something with in the control of tbe public itself. Let u* all be forbear ing for a little while ? let u* frown down croaker* and thejADir breeders ? take heart of grace, ami ill will soon be right again. Rich mines, of vast extent, have recent ly been opened? the fattening rain* have come to chher ne in our despondeney ? the miners and farmers rejoice ? let u* rejoice with them. [From the t?an t rancisco Time*, March 1.] There are still groups o( person* to be seen on the sMewalk* in Montgomery -treet, and particularly in front of the defunct banking house*. Wells, Fargo k Co. were paying ent and receiving yesterday, a* ii nothing bad been the matter. At Adams k Oo.'sa number of the depositor* have signed the agreement allowing the firm further time to meet their "ugagemsnt*. It in thought that signatures of depositors to the amount ef MOO, 000 will be required to enable the firm to continue their business. We are informed that rro? $300,000 to $M0 000 has been signed thus far. There appears t > be nothing new In regard to the affairs of Wright except the notice published by that gentleman, tnat he Is making every effort to relume payment, and that he will publish a statement at an early day, and make a proposition to hu creditor*. Robinson A Co. have a card in another column calling a meeting of their creditor* to day. We understand that Deputy Sheriff l?mbert succeeded on Monday In ob taiaiag possession of some >10,000 in scrip and staok be longing to the concern. Yesterday a large crowd wa* as - eembled In ftont of the door of this house, when a consta ble and Deputy Sheriff Lambert attempted to entor. With gr?at difficulty they succeeded, the crowd shouting to those nearest to the door to break it down. There was no further disorder, and the officers proceeded to search the *afe. All that was fouad In it wan a hag of number Ive shot, weighing some twenty pounds, which was duly taken poesenslon of. a* most safe* have two or three hoys, it Is just possible that the valuable deposits may have been previously removed. AFFAIRS OF WKLLS^ FARGO A 00 We take great pleasure in announcing that Wells, Fargo k Co. resumed business on the a;th February, and every thiogronnected with their establishment went on a a usual. The suit of Washburn and others against Pardee commenced in the Fourth District Court, in which the injunction was granted, has b-en dls-ontin nod. and an order was entered vacating tbe appointment of the reoetveT. DIITHKT COCTtT ? Knurr JTTDICfAf. DISTRICT. Jtenben W. Wtkbum e. Wm J. I'ardr, ? ln pursu ance ef an order ntade in the above cause, bearing date the 33d Febrwy, 186#, appointing tbe undersigned (?Mirer of th* property, right a and credits of the bank ing and Express house of Wells. Karvco k Co., in the State of California, and <1 treating him " to make ? full, true and just account" of the same, I immediately took possession of the books, papers and property of t he said firm, who presented the following statement, marked A, made oat by them, as a general synopsis of their business. After adopting the most advisable mean*, and after making proper deductions in the items of the above statements to meet the depreciations that have lately taken place, 1 found the following statement, B, to be a near estimate of tbe present position of the affairs of the above firm, by which it appears they have sufficient cash to meet all their cash liabilities, and sufficient assets to meet all their other liabilities, and leave a sur plus in favor of tbe bouse of $103,473. It appearing, therefore, that tbe firm was able to meet all its engage ments, this action has been discontinued by consent of the parties thereto, the assets re-transferred, and the house has resumed its business. HENRY M. NAG LEE. San Francisco, Feb. 27, 1865. [A] KTiTKHINT OT THE A1FAIRS OV WK1XB, FARQO AND COM PANY, AS FKK BOOKS, HAM FRANCISCO OFFICE, KKUKUARY 23, 1856 ? Assets. Cash on hand,' $84,970 65 Gold bars 74,022 85 Bills receivable 104,632 66 Due from Sacramento Office 138, C 72 40 Due from Mary sville 103,659 08 Dne from tonora 4,024 66 Due from Colombia 3,243 68 Due from Portland 9,358 74 Express Department capital 120,000 00 Real Estate in Saeramemo 33,000 00 Alex. Hunter, Placerville (secu'd) 5,000 00 Hvnloda Brothers, Panama 206 21 Telegraph stock* 300 00 War bonds 2,225 00 Synagogue stock 200 00 >743,499 68 Liabilities Due individual depositors, inclu ding certificate depositors $176,000 00 Outstaa ding checks 94,881 66 Doe Stockton office , 14,201 74 Due MarysviUe office 15,725 19 Due Crescent City office 651 40 Due New York office, for time diafts, to be provided for within sixty days 62,934 46 $354,394 35 Balance to credit of this house $389,105 23 (B.) 8TATKMFNT OF TttK AFFAIRS OF WILIS, FARGO AND COM PACT, HAN FRANCISCO, FEBRUARY 27, 1855. Assets. Cash on baml $192,182 00 Bills Receivable 30,000 00 Bills Overdue $114,532 50 Expreis Department 72,000 00 Bills Receivable, and other Assets at Sacramento 60,000 00 Real Estate at Sacramento 3a, 000 00 Real Estate at Stockton 21, COO 00 War Bonds 2,225 00 $400,407 00 Liabilities. Due Depositors, including Certifi cates of Deposits $121,000 00 Interior Offices 53,000 00 Balance due Interior Offices 18,000 00 To New York for Drafts 102,934 00 Balance over and above Liabilities 103,473 00 $400,407 00 In all the towns of the interior, says the Tribune, ex cept San Francisco, Sacramento, MaryBville, Nevada and Diamond Springs, Wells, Fargo & have kept paying certificates of deposit as fast as presented, and it oannot be justly said that they have suspended It appears that in all their interisr offices they have a surplus over the amount due their depositors, and as toon as that surplus can be transmitted to the offices in towns where they suspended, specie payment will be resumed. Wereceived the following despatch last evening from Jackson: ? The office of Wells, Eargo & Co., at Moquelumne Hill has paid all demands presented against them up to this time, and have a sufficiency on hand to meet all others outstand ing. The office at Jackson has also paid all demands, and is ia a good condition for any emergency. ADAMS & CO.'S AFFAIRS. We bare made out the following statement from the papers filed in the Fourth District Court, together irith the application of I. C. Woods lor the benefit of the Inrolvtnt act, of the affairs of the firm of Adams ft Co. The totals have been computed with great care, aid the exhibit may be looked upon ai perfectly correct, so far as relates to the business transactions of the firm in this city. Nothing definite has an yet been ascertained of the liabilities of the country offices. RKCAPITin, ATION. A SHEW. Overdrawn accounts, (I. C. Woods overdrew hi* ac count $93,701) negotiable notes and personal pro perty $7?8,771 37 Btccks 176,210 04 Gold coin, bars, &c. in S F. office 334,841 11 Same in country offices, estimated at 300.000 00 Ferhonal property of 1. C. Wodrte... 256,947 00 *1,866,775 42 From which is to be deducted, we pre sume, tlie $105,572 93 overdrawn by I. C. Woods and J*meu King of Wm 105,672 93 Total assets 91,761,192 49 L1ABILITI10. Total amount due creditom $973,738 25 Total amount due Adams .V Co., N.Y 102,080 00 Amount due on open accounts and depo sitors up the country 500,000 00 Individual debts of I. C. Woods 64,550 00 Total liabilities $1,640,288 25 Frcm these figures it appears tha*. the total assets amount to $1, 7 51, 192 49, and liabilities to $1,040,288 25 ? leaving an excess of assets over deposits of $110,904 24. It will thus b? seen tnat the liabilities amount to nearly the name sum a* the assets; but from the na ture of the latter, it is more than probable that no more than fifty per cent on the whole amonnt will be realized. It is also estimated that the real estate be longing to the firm is estimated far beyond its actual value. KSTIMATE IIADK DV THE RECOVER ON TBI 27TU INSTANT. Asset $2,400,000 Liabilities 1,800,000 Kxcess of assets $500,000 Excess of assets as they appear by the statements filed in the Fourth District Court, $110,904 24. Pome two hundred and flftv persons assembled in and around Adams ft Uo.'s establishment on the 28th ult., and at one time It. was feared there would be difficulty between the crowd and persons attached to the office. Several persons in the crowd appeared deairous of ex , citing an outbreak, but the timely intervention of the police secured order, and the assemblage quietly dis persed, not without, however, giving ample evidence by words of a disposition ts attack those who were in charge of the premises. Ous individual, who (seemed determined to create a disturbance, waa arrested and conveyed to the station house. TO THB PUBLIC. I have this day, under the advice of my counsel, filed a petition in insolvency in the Fourth District Court on behalf of myself and the firm of Adams ft Co., for the benefit or the creditors of the house, paying a just and equal distribution of our assets amongst all. I have been actuated, in taking this step, by my determination, so often expressed, and from which nothing shall move me, to pay all alike, without giving or permitting pre ference to any. If 1 should find that my proposition of Monday is fa vorably received by the bulk of our creditors, 1 may st.111 be able, by the aid of my frtsnds, and sustained by the confidence of the creditors, to carry it out. But the number of creditors Is so Urge, and scattered over the state, and the consequent difficulty of uniting them anl their action, such as to render It extremely doubtful whether any arrangement could have been made within the time allowed, and the delay of thirty days must have seriously endangered the rights of the mass of the credi tors. I. C. WOODS. San Fran moo, Feb. 28, 185S. The Tribune learns from a gentleman who arrive! In Sacramento from Auburn, that up to the time of the de parture of the stage tbe entire amount of drafts pre sented at the branch office of Adams & Co. in that town, and of course not paid, was $e0,000. PAGE, BACON A CO.'S AFFAIRS. Page, Bacon ft Co. have made it statement of their affairs, and express their hope that If time be given tbem, all will soon go well again. The statement has been severely criticised, and Is considered by some'per sons to b" not very satisfae'ory. Arrangements are being made to give this hi. use tbe time desired. A Urge number of persons of reputed wealth have signed a deed by which t hey become liable for upwards of a million of dollars of Page. Bacon ft Co. 's debt, in the event of their creditors allowing them to pay their depositors in four equal instalments, at two, four, six and eight months' date, with Interest at the rate of one per rent per month. The great body of the creditors will probably areede to thes? terms. The following notice was published In the San Fran cisco papers : ? yoTlC*. The creditors of Page, Ilacon ft Co , who hive not yet signed the agreement, according to the proposition mtde by raid firm, are requested to call to to day at. their new office, eorner of Clay and Battery street*, and sign said agreement, as it is quite important that It should be completed without delay. The bood gives to secure the payment of the i*ertiflcates bas been duly executed and acknowledged Office open from 9 A. If. to 4 o'clock P. M. San Francisco, Feb. 27, 1866. ROBINSON A CO.'S AFFAIRS. After a <teal of skirmishing on the part of creditors, Sheriff's officer# and constables, an entrance was effected, on tbe 'i7th >eb., into the banking house of Robinson ft Co , the iron doers of which had resisted all attempts to enter There was a rush (or the precedence, of ooarse, but Constable Silverthorn managed to make the first seuure and attach the gold scales, office, furniture, ftc. There wa a fierce trial of strength for a few moments between tbe outs and the Ins? the one to force an en trance, the other to bar the doors and exelnde the crowd. Tha ins succeeded, anu the search commenced. Upon opening the vault nothing was discovered except a specie bsg, which on examination was found to contain three pounds of shot, and an indefinite quantity of needles, which severely pricked the party who grab bed It. mbbtino ok cweniTOM at ban fkanoinco hall ? a PROBABILITY OP HKAI.I7.INI} 37| CBKTtl ON TUB DOLLAR IN BIXTT DATB? BXCITBllBNf AMONG THIS I.ADT DBPOWTORB. A meeting of the creditor* of Robinson ft Co. (the Savings Rank) was held on the 2Xth February at the flan Francisco Hall, whe? It waa expected that a statement of the affairs of tha institution would be submitted Home two or three hundred persons were present at the appointed time, a large majorltv of whom appeared to belong to the laboring class. There wen also several women present. Aftar some litta delay, Mr. Robinson made his appearance, who said that (here was no one in tk? assembly who r?fr?tted as ita eewly tM deeply what bad occurred as himself. He had Men unfortunately draws into the vortex which wrought inch excitement an 1 diatreu in the community. Yen have Bade roe, my friends? you are my friend*, hare been my frle&ds, and are no now ? the depositary of your maney. You left it with me in the full confidence that whenever you wiihed for it and called tor it yon could get it; and that 11 it remained with me after the Mtipulated time yon would receive an income in the shape of interest for the use of it. I can say with sin cerity. tbat there wai no transaction that I ever made ? that there wae no obligation into which I ever entered, tbat 1 have not fulfilled to the letter whenever the demand was made upon me from those who were my patrons 1 ?uppf se, perhaps, tbat I am in a position a little differ ent from that of the other banking houses in the city. Deposits, as I take it, ate made with them for safe keep ing simply, and without expectation of receiving any* tbiug for the use of their money. I well know thai there is an impression in the community that thsy had no right to use the money deposited with them, for it was merely left there for uafe keeping. What right had l'age, Bacon & Co. to nse the money deposited with thtm? They fid not guarantee to pay anything for tne use of it. You left your money with me on the under standing that I should pay you an income on it, and you knew that I should use the money ? thut I should Invent it? in order to tarn the income which I agreed to pay, and also to give me some return for my labor, and to pay the expenses of keeping a banking houte, andso forth, and soforth. On last Friday morning?that un lucky day ? my assets showed a bona fide ability? a complete ability on my part, if I could control my awn affairs ? to pay a larger dividend than any banking bouse thut had the misfortune to fall, with tb ? exception of Fage, liacon & Co. and Wells, Fargo k Co. It was my purpose and intention to have the control of my own af fair h, so that I might manage them tor your benefit, and yours exclusively Hy first inipul-e was to put my affairs in the hands of an assignee for your benefit, but on con sultation with legal gentlemen, I found that that could not be done unless I made an application for the benefit of the insolvent act, and then the schedule of my assets and liabilities would go into the hands of an assignee, which might or might not be for the benefit of the depositors ; and, as I understand it, the assignee would have them under his discretion, and could do whatever he pleased with the securities, and if the assignee was not appoint ed. the court would, at its discretion, put the whole thug Into the hands of the Sheriff. I know the proba bilities and what prospect there is of collecting them, and they could not be collected so well as in the hands of those to whom they belong. Tbere have been rumors circulaied in regard to myself ? there bave been state ments made in the public prints about me, undoubtedly with the best motives, but they wore only rumors, aud had no foundation in fact. I want to state to you now that they are false, without exception. In the first place, there was a rumor that I was arrested on board the Uncle Sam with $14,000 in cash and $100,000 in securities in my possession, and tbat $60,000 were found somewhere else ; but my presence here to-day proves that It was not so. In the first place, I have not money enough upon which I could lay my hands to pay the passage home of myself, wife and child. I hnve no intention of running away. I came here like you all, about four years ago. to seek my fortune, and started what I conceived to be a legitimate business, and by Jour confidence I was enabled to so on ; and if this crash ad not come, there is no one who believes that I could not fulfil'my obligation! to the letter. But you may say, perhaps, "AH this is very well; bat we want to know what you are going to do " There ia one thing, how ever, about which I would first wish to make a remark. It was said that my securities had been attached in the hands of a third party. They were, gentlemen, and these securities are now beyond the power of the Sheriff to take them, so that I may have the control of them my self. My assets have been attached, and I distinctly say that If tbat had not been the case, within sixty days 1 would bave been able to pay 37 cents on the dol lar. They aie now out of my control. I hope to be able in some way or other to get the control of them within sixty days. I dou't expect to go into the same kind of business again, out I am going to stay here, and if any opening Bhould occur by which 1 can realize mon?y, it ia yours, every dollar of it. I am uot goini; to take the benefit or the Insolvent act. From the attach ment on my tecurities and real estate, and so forth, it will be imposiible for me just now to get the control i f anything, and I must therefore take some time to recu perate. There are gentlemen here who hnow how mo ney is invested ; and no one can suppose that I would have loaned out money on securities that I did not think were good. This financial pressure has weakened all securities, and on these securities, by which before the panic I could have realized money, in consequence of the ? xcitement. I could not raise one dollar. My bank ing house was k?pt open on the morning of the excite ment for half an Inur or an hour, aud paid out to the last dollar, and til I bsd no more to pay. A Voice. "How muchf" Mr. Kohinsok ? '-$15,000." At Hub stage of tbe proceeding)* a lady in a red abawl rushed into tbe ball in a state of high excitement, and exclaimed: ? "Oh, it is only to cheat the public ! He has pocketed tbe money of tbe poor people like me. If you don't give me my money, (addressing Robinson. ) I'll tear yonr face, you dirty scamp ! I have got (turning to the disconsolate depositors) five hundred dollars in that fellow's hands." Some person litre cried out? "Order, order !" Lady in this Rkd Shawi? "Oh, it in a nice thing to keep order, wlien I have not a eent in the world. 1 have lost ull my hard earnings. I deposited ?SOO with blm to take care of It for me, and I'll have it, or (turning to Robinson again) I'll hare your heart out, you dirty scamp 1" Polick Ofkickr ? "Sit down, or I'll take you out." Lady in tiib Kid Shawl (crying)? I don't care. I h&vn't a cent now. A Pkpowtor ? We want to know how much you owe. What are your assets, and what has become of them 1 Mr. Robinson ? I will say that 1 did not come prepared to give a full statement of my liabilities and assets. My bocks have been taken out of my hands, and I therefore cannot do so now. Mr. Hart, wbo appeared for a number of the deposi tors, here said: ? Don't you think that it U due to the depositors to state: 1st ? bow much you owe; 2d? what is the amount of your securities; 3d ? what is their na ture, etc. f Mr. J. Wistar (of the firm of Baker k Wl^tar), who appeared as the counsel of Mr. Robinson, said that he apprehended that Mr. Rob nHon only came there to con tradict the rumors which had been circulated regarding him, and that in tbe preoent state of things it could not be expected that he could give a full, particular and distinct account of his affairs. Mr. Hart? He certainly must be able to atata how much his liabilities snd assets are within a few thousand dollars, or thereabouts. His creditors have been called here, and they want to get some information. The de positors expect to know now much money he is able to pay, and to give the reason why he is not able to pay the whole. To call his creditors together to explain tbe ru mon. in the newspapers, seems to be very ridiculous. I don't belive that bis busmen was so extensive that he ctnnot tall very nearly how much ha has In coin ? how much in real estate ? how mnch in securities. (Ap plause.) % Mr. wistar? There is no necessity, Mr. Hart, for this great display of eloquence. A Dm'ohitor? 1 would like to know how much mm j yon received the day tbe bank closed 1 Mr Robinson ? I cannot say. Dkpositor? Were there $3,000 1 Mr. Robinson ? There was not one thousand. Mr. nAKP? I would like to ask a question? and that is, what has become of the books f He must know. And also, is he willing to place the books in the hands of a committee of this meeting 1 Mr. Robinson. ? I am perfectly willing. Mr. Hart.? I suggest that a committee be appointed to examine the whole matter A Voicr.? Where are the books ? T?t us know at one*. Mr. Robinson. ? I will give the committee the books, and they can see everything entered upon them. Another Voicx ? What did you do with the money yen got for the property you sold your father- In-law on Powell street, immediately after you closed the banking house f Mr Robinson.? I received no money for it. Tirs Sa mk Void. ? Gentlemen, he acknowledges that he conveyed property after he had closed the banking house. Mr. Robinson.? It passed from my hands for a consid eration that nas passed into the hands of my creditors, and Is at present undergoing the process of depreciation. Mr. Hart, after some remarks, moved that Mr. Robin son send for tbe bonks, in order that the depositors might have sn opportunity of examining them. Mr. Duank moved that the books be sent for and be handed over to the committee for examination. Discomoi.ATK Lady in tiik Rcd Shawl.? I'll be one of the committee. (I.aughter.) After some further debate the following committee was appointed by the depositors to examine the books: Messrs. Hart, McCarty, Dorr, Parker aud llawiey. The book were then eent for and handed over to the committee for examination. AFFAIRS OF REED A CO., OF SACFUMENro. Tbe partner* in the Arm of Reed k Co ? John A. Reiid and Thomas Y. Read? says the L'nion, filed their petition for the benefl' of the Insolvent ast, on the 28th of Feb ruary, in ihe District Court. The fo'.lo vlng is the sche dule of assets and liabilities filed with the petition ? AtteU. Amount of personal accounts overdrawn.... f 17, 002 9fl Amount of bills receivable 40.692 '21 Value of office furniture 2,396 00 Ameunt of stock in Sacramento Plank Road ' Company 1,000 00 Amount of one fifth interest in South Fork Canal .18,000 00 Amount Of one-thir 1 interest in RsadV Block 20,000 00 Amonnt of seventy city lota in suburb* of Sacramento 2,(100 00 Amount of house and lot in Plajsrville 1 000 00 Amount of stoek in Iowa Canal 676 00 Cash on hand 14,334 00 Total 1134,399 17 I.iaMliliet. Amount due depositors on open account.... 1(7,977 38 Amount due depositors on certiflcates of ?lepo?it 2<),09e 12 Amount due on lo.m certificates or money loaned f..r others 22.083 76 Excfess of aaaets over liaUi.ties 26,66'.* 94 Total $134.399~17 WRI3HT3 MINERS' EXCHANGE BANK. Dr. A. H. Wr'ght was arretted on the 37 th February, njon a warrant issued from the Fourth District Court, but was released from custody upon procuring sufficient bonds. A handbill setting forth as follows, was posted through out the city: In contradictljn of the report that Dr. Wright has left the city, or made an attempt to do so, we toe un dersigned certify on our own personal knowledge that such report is without foundation, and that hia whole time since the enspension of his^bank has been devoted to the necessary efforts for meeting all bis HaMUties at an early cay. A. HAKASTTHY. A M. DIE HART, JOHS HKVSI.KY, C. H. WEST. R. K. RAYMOND. It appear* that Dr Wright's family have been greatly sniu ted by visits from nameront creditors of the b%nk. A policeman was stationed at the door leading to the private apartment* ef the building, pith orders to ad nit no en*. INVITED tO LEAVE. A committee appointed to investigate the affairs of Mr. Richardson's beak, at Jamestown, have con cluded, after a thorough examination of his paper*, books. 4c., to give him a polite invitation to leave within twenty four hours. Mr. "Richardson asserted that ho spent the money and produced Touchers in proof. NO CHECKB IN SACRAMENTO. The bankers of Sacrametto have determined not to ra ce ve dhocks on each other in payment of note* or ac ceptances, nor will they certify to checks due each other. Colonization In mcaragna. Col. Wm. Walker has, we understand, received a grant of fifty-twc thousand acres of land from the governmant of Nicaragua, and intends to sail about the 10th of March for tbe port of Itoalejo. The graut has ? condition of colonization annexed, and the grantee proposes to con vey one hundred and fifty men to th? land ceded him by tbe State of Nicaragua. This is the first step towards a proper developemint of tbe immenae natural resources of tbe Nicaragua isthmus. Tbe territory is extremely fertile, yielding large and abundant crops of ootton, sugar, coffee, cocoa, tobacco, indigo, maize, wheat and rice. Ri:h mines are also said to exist in the State, and the Indians in their rude way have long worked tbe gold placers of the northeastern departments. The climate is.excellent, es pecially on tbe Pacific side, and among the uplands nrrth and esst of I.akes Managua and Nicaragua. I abor is cheap and abundant, and all that is required to make the country wealthy is a firm and stable gov ernment. It is probably with a view of Kiving peace to tbe people and of establishing in the State a nucleus of law and order that the grant has been made to Colonel Walker. The accomplishment of such an end will be a great good, not only to tbe State of Nicaragua, but to the commerce and civilization ol the world.? San Fran cvsco Herald, Feb. 29. Mining Mew*. RAIN AT LAST. The Timet and Transcript says:? The 'long wished for dispensation has at last been bestowel upon us, and there will be many thankful hearts throughout our State. It if true that It has coma too late tor many a one who has manfully contended against the impending ruin that the want or this necessary auxiliary in deve loping the reiources of the country has brought upon them. No one who has a fair knowledge of the mining regions can doubt for a moment that a few days or a week or two of such weather as we have experienced in this city within a day or two, would remove a very large Sortion of the unhappy embarrassment and disaster that as overspread our community of late like a pall. We congratulate our mining friends also upon the auspi cious commencement of the spring months, and trust that a few months labor will reward them for their pa tience. NEW DIQGrNGSS. Pry diggings, of a very promising character, have been discovered lately in Oilaveras county. They are situated in the foot hills, a few miles below Reynolds' Ferry. The gulches are shallow, but we should j udge, from all we hav6 heard, that the pickings in them are very good. Tbe gold is generally found in coarse and solid lumps. SIERRA COUNTT. Evreka ? Dan Regan k Co. take out about 9100 a day to the band; Huested A Co. took out $700 on Friday; Bart h Co., just opening their claims, make from one to two ounces to the hand; Bay State Co., three ounces a day to each hand. One of these claims was sold three weeks ago for $500, now valued at 92,000. At Muggins, ville, on the east aide of Eureka creek, nearly every claim is pa j ing well; among the number, J. E. James A Co's claims that prospect from 91 to 92 to the pan. Dennis, Redman I A Co , for the last eight days, average about sixteen ounces to four men; Hartwell, Quinn A Co. and Steward A Co's claims are paying well. Gibsonvillc.? Booby A Co. are averaging 920 per day to the man. Independent Company fiom 910 to 920 per day per man. Graham & Co. are doing well; they took out a pltc - weighing six ounces. Waukeghan Co. as high as 919 to tbe pan, 920 per day per man. Shay A Co from 916 to 926 per day per man. Poor k an'h Creek. ? Scudder A Co. took out in four days 9368; Wright A Co., two days, six ounces; Welch k Co., one day, 910; Robt. Young A Co., two days, 932 ; Stebbins & Co., three days, 9366; H. Kelly & Co., one day, 9104; Jones A Co., one day, 982; Hunly k Beard, two days. 964; Frederick k Co.. 9100, a lump of 960 one day; Bolton A Co., one day, three ounces; Gibbons k Co., two days, seven ounces. IL DOBADO COUNTT. New diggings have been diicovered seven miles from I'la:erviiie, which for richness stand unrivalled. Shafts have and are being opened, which have prospected from tbe surface three cents to the bucket, and in Home in stances as bigb as seventy-five cents. Eighteenth how ever, is about the general average. TtTOI.rMNI OOINTY. Columbia aki> Vicinity.? The Gazette of Saturday says:? "A twenty -three ounce spe:imen wai taken out on Saturday last from the claim of Wm. Aiken k Co., at Matelot Gulch. On Monday and Tuesday they took out fifteen ounces. The claim averaged from five to six ounce* per day. Messrs. Shaw A Co , below the Big Re servoir, washed two days last week, and realized twelve ounces. On Gold Bill, Messrs. Harding A Co. have been doing very well. On Saturday last they washed out four ounces. At Knickerbocker Flat the miners are making tome heavy strikes. Messrs. Sherr, Rogers A Co *arbed oat ?a Saturday last tbe nice Utile sank of fifteen ounces. Merer*. Pitts, Holton A Co , at the head cf Matelot Gulch, on Saturday laet washed out twenty three ounce*. OiLATKBAS COUNTY. The fonora Democrat , speaking of new discoveries near Reynold's Ferry, says tbe gold is eoarse, ranging from crops weighing fifty rents up to five ounces. It is 'ound in the numerous ravines and gulches of the neighbor hood, on tbe pranfte ledges, within a foot or two of tbe surface. There is no water in that region, and the gold ? bat bss been obtained was taken from the bed rack in I lie good "Id- fashioned way? by menns of a ja-k -knife. Ihe perion who gave the information had cnnqidertbls money with him, and stated that he had made from fifty to a hundred dollara in the manner above de scribed. NEVADA COUNTY. Rough and Ready ? Nutall A Valentine are taking out daily, with four handa employed, from eight to ten ounces. Roberts A Co. are prosecuting an extensive work of surface diggings, having expended over 91,000 in preparation. The weather haa been most favorable for qnartz raln'ng, and an immense amount of gold haa been issued, and kept in circulition, from the various mills. Employment at fair wages, has been given to very many eirsons, and the effect of this species of mining has sen most favorable in this vicinity. The rock on New York H 11 still yields well, and the opening of a new vein has paid tb? owners over 91.000 durimr the past two weeka. The rock yields about 938 per ton. SHABTA COUNTT. The Shasta Courier informs us that new diggings have recently been discovered on South Fork of Salmon river ?they were first struek by a Mr. Miller. They are quite extensive, and pay from tan dollars to two ounces per d?y. MIm? llan eo ua. V. 8. BRANCH 1IINT IN BAN FRANC I8CO. (?TITRATIONS roR FKHRUARY, 18(5. Gold Bullion Recaipta for the month of February. Deposited for coin, ounces $68,437 S3 Deposited for ban, ounce* 10,029 91 Total ounces ? .... 79,367 '>4 Silver purchases. Ounce* 8,822 00 Colaaga ? Coin* ; $1,875,000 Ban 200.000 Total $1,576,000 Anotbkr Ammrt to Euct a Ukitkd Statw Smator.? Tli* following notice was pouted on the doom of both houiei of the California Legislature, on the 25th Feb. Caucus. ? The democratic H*mb?ra of the Senate and Assembly are rsqueatod to meet in caueua, in the Aaaambly Chamfer, on Honday evening next, Feb. 26, IMS, at 7Jtf o'clock, fur the pnrpoae of asttliog the differences now exist ing In the Democratic party, and to nominato a candidate tor the United Statee Senate, to be elected during the prevent scaaion of the Legislature. A fall attendance ia re qoeated. Sacramento, Feb. 24, IMS. Division or th* Stati. ? Mr. Bant, the representative from Pan Bernardino, bai introduced Into the Amenably a bill for the dlviMOn of thin State, and the formation of a new State, to be called the State of Columbia. The territory embraced in tha propoeed new State, by the bill, la aa follow* the countlea of Santa Crux, Santa Clara, fan Joaquin, Calavrraa, Amador, Tuolumne, Htanlflaus . Muripoaa, Tularn, Monterey, Santa Btrtara, fan Luis Ohlipo, Loe Angelea, Ban Bernardino and San Hit ft", embracing the Inland* on tha coaat, and running to the eastern boundary of the Bute. Kicirmwr at Siiasta? Th* Crrr Uxdkr Martiai, ? Tn* Rkd Bli rrnw ?Through the politeness of a gen tlemsn who came through Shasta la*t Thursday, tha titateiman learn* that great excitement atill exist* in that place und vicinity, arising out of tbe arreit of the Brsona engaged io toe hanging af William* at Ked uffs, and armc of whom are now In the priaon awaiting trial under tbe indictment for murder, found against them by thaOrand Jury We publlahad an account from tbe Shasta fouritr of the prooeedinga up to Saturday Morning, 17th imt. It wan supposed, then, that the party who had coma up (rem Had Bluff* had returned home, contented to allow tbe law to take ita course. It appoara, however, that they expreased a determination to return again aome night and rescue the prisoner*. in ccnaequence of which hberiff Nunnally enroll-' I all the citirena of flhaata City, under a requisition to preserve the jeace of the State Nrarly every man in th* place w?a tbu* brought Into duty, and *inoe that, up to the time our informant laft, the prison had been guarded night and day. The fore* kept on duty baa oot n-cn la** tbsn sixteen men. No further arrasta than heretofore reported, bare bean made, but a* aevaral* are in dieted, it la probable w? aball bear of further artesta abortly. There ia coneldernbk excit? m*nt at Ked Bluffli, and we learn that the people there are determined, if poasible, to prevent further arrest* if attempted. Criminal statistics or Saw FRAxnaco ? Fkhri-art, 1 R6fi. ? from statiatica furnished us by CapL K. B. Mock*. Aaaisaaot City Marshal, we are enabled to make the fallowing report of criminal mat'er* tn San Fran cisco for tha mi nth of February Whole number of arret* by the police, 497. For murder, 2; grand lar ceny, 21: petit larceny 21, assault with deadly weapons, 2; aarault with intent to rob. 4; perjury, 1' bigamy, I; unlawfully marrying tbe wife of another, 1; obtaining money under false nretencee, 5; extorting motay, 11, forgery, 4; highwav "robbary, 1; unlawful assembly, 6; tnieate a?a<nst life, 11: e*e*ped from prison, 1; la tently. 8, vagrancy. 10; breach of tha peaee, 3*. assailt snd battery, 82; deaertara, 2; drunk and disorderly, 79; drunk, f2, disorderly , 104: violation of city ordi aance, 32. misdemeanors, 5; lodgers (deetltute person* seei lag beds for the night) 8 Of these, 210 were die charted upon examination before tbe Recorder Of cafes within tha jurialiet'on of tha Recorder. 71 offend era ware convicted and received aentence ef Imprison ment a< carding to offence, $ in the county jail, and 82 in tbe city prison. 20 were corneal' ?d for trial before a higher tribunal subject to indictaaest by the grand jury. Ike helaace ware *everallv 8ne4, or eent toother connties for trial. The number of araeete in the month Breeding waa 434, showing an incraaee of 82 smuts r th* month ef February. It ssaj be added, however, tha* although the aggregate aamber of arreete daring the Utter period exhibit* a considerable excess over the number in January, in riev of the relative character of offence* enumerated jn each report, the latter bears favorable compariaon witn the first. Marriages, Birth* and Deaths. MABB1BD. In San Francixee, by Her. Dr. Scott, David Ramsbot 1cm, late of England, to Miss Elisabeth Ferguson, of Ban Francisco. At the residence of Captain Vincent, near the Buck eye, Calaveras Co. , February 15, by Rev. B. D. Henry, Mr. Mathew Armstrong, of Waldo, Marion oounty, Ohio, to MU>s Mary Higgins. of Chicago, IUinoiM. In San Francisco, February 20, at St. Mary's CothedraL by the He v. Mr. Gallagher, Mr. Peter Henry Outer, to Miss Hannah Maria Hickey. At the Canon House, near Shasta, Mr. E. S. Cushinjr, to Miss M. Jane Love. At the Four Mile House, Shasta county, February 18. Mr. John C. Clark, to Miss Mary L. Densmore. In Marysville, February 18, Mr. Philetus L. Buncli, to MiSH Mary Rose Tranor, In ^an Francisco, by the Rev. Mr. WUlie, Mr. George Grant, to Miss Ellen L. Daggett, all of this city. lilKTHS. At Clear Creek, Shasta county, February 16, Mrs. N. C. Fsrrhigton, or a daughter. February 19, the lady of Mr. John Broderick, of a ?on. In Sacramento, February 20, the wife of Dr. E. Hacket, of a son. DKATB8. In San Francisco, February 26, of consumption, Emma M., wife of Joel C. Potter, in the thirtieth year ot her age. In San Francisco, February 27, of congestion of the brain, Frederick Hamlin, Infant Son of lieutenant Thos. H. Stevens, United States Navy, aged eleven months and two days. At Monterey, February 25, of dysentery, Mr. Ferdi nand Co gourd, a native of Indre-Lolre, France. At lone Valley, February 23, of inflammation in the chest, Mrs. hlizabeth L. McNeely, wife of Mr. John McNeely, aged twenty-five years. Markcti. Ram Francisco, Thursday, March 1?2 P. M ?The non arrival of the mail, which is now folly due, has a tenden cy to limit transactions, although a better feeling exists in the market than we have noticed for some days past. The rains in the interior seem already to have produced a favorable effect. We learn a number of order* for goods for the interior were received by the boats last evening, and they are to-day being packed and shipped. We note tome inquiry for sugars, and a few sales. In grain we can hear of no important transactions, 'yet there seems to be considerable inquiry. The transactions In flour of all descriptions have been more numerous to-day tlian for some time past. The jobber* are (icing a mo derate trade. The shipment of treasure per the Golden Gate, reaches, it will be seen, upwards of $801,000, a much larger amount than was generally believed would go.for ward. We quote hales: ? Fi-ocr ? 80 bbln. Bax all flour, at $15: 460 qr. sacks domestic do. at $9 60; 100 qr. sacks Magnolia do. at $10 60; 400 qr. sacks Ashley's self-rising do. at $13; 100 qr. sacks Golden Gate do. at $11: 60 qr. sacks Oregon do. at $10 60. Shorto.? 800 lb*, shorts at l)?c. Bran ? 20 tons bran, jobbing, at l)?e. Oats.? 200 bags California oats, jobbing, at 3c. Tea 100 cases imperial an 1 gunpowder tea, on pri vate terms Sugar.? 100 bbls. tt. B. crushed and powdered sugar, 20c. From Oregon. ? The Legislator* of Oregon adjourned on 'he let. Feb. There in a general complaint among the Oregon pa pers of dull times. The brig Francisco, Capt. Smith, loaded with produce, was to leave Portland on the 7th Feb., for San Fran cisco. A Whig Territorial Convention, to nominate a dele gate to Congreea, has been called, to meet at Corvallis, on the 18th of Ajnril next. The Portland Oregonian, of the 10th Feb., says that the steamboats are running with good freights, large quantities of which are accumulating along the river for shipment to California, and advises the farmers to Nell, if they can get a living profit. At the last accounts, the Indiana were qaiet at the Walla-Walla. Gen. Palmer, Superintendent of Indian Affairs in Ore gon Territory, informs the Oregonian that we has com - pleted an arrangement with the Indians for the extin guishment of their title to all lands in the Willamette Valley. From Washington Territory.? The following newa, relating to the interests of Washington Territory, is clipped fiom the Oregon papers:? The legislature of Washington Territory has located the capittl at Olympla, the University at Seattle, with a branch at Doisefort Plains, and the Penitentiary at Vancouver. A Democratic Territorial Convention is to be held at Salem. Washington Territory, on the lllth day of April next, to nominate a delegate to Congress, to be elected in June next, to 611 the vacancy of (>en. Joseph I.ane. Geo B. Goudy, one of the publishers of the Pointer and Democrat, at Olympia, ban been elected Territorial Printer of Washington Territory. New Oranadai DISBANDING OF THE HUNNEL8 ISTHMUS GUARD? GOV HBNMBNT SURVEYS AND THE COINAGE? PASSEN GEB8 BY THE EL DORADO? HE 88 AGE OK THE TIOE PRESIDENT TO CONGRESS. Our files of Panama paper* are dated to the 13th of March. On the 1st inst. the Runnels Guard ceaned to exist, there being no farther occasion for its service*, and the railroad company being anxious to do away with the heavy cost of its maintenance, which fell altogether upon it. We le urn from the last report of the Secretary of State that ot the thirty-six provinces into whl:h the republic is divided, the government survey maps of twenty have been completed, including Panama, Azuero, Veraguas, and Chiriqul, but these four have not yet been pre sented. The standards of gold coinage in New Granada, for merly a State of Columbia, are 10 entirely altered a* to render the late act of Congress obsolete in respect to tliat coinage. The fineness of the doubloon has been raised to aboct 804 thousandths, but by decretse of weight it has fallen in value from about 915.60 to 913.30. Of silver coins, the dollars of Spaniith American coin age, and i bore restarted into rct? ol llrazil, its also the five- franc pieces of France, are made receivable at cer tain rates by the act of Congress, but as these coins are purchased at the mint for re coinage at a premium, the provision for making them current may be considered nugatory and obtolete. A bill bad paised the Senate of Bogota suppressing the province of Azuero. Ooando continues to b* present in the Supremo Court, conlronted with the witnesses brought up against him. There appears to be no doubt of hi* guilt. The bill brought in by the Secretary of the govern ment for a new division of the provinces is likely to be defeated, owing to the opposition of Gen Mosquera, who, they *ay, is about to present the plan of a strictly federal constitution. In Car tha| en a Dr. Rafael Nunez bad received the ma jority of votes for the office of Governor. TheJsplnwsll Courier of March 13 say*: ? We learn that the Panama Railroad Company have contract*! to pay the expenses of the passengers detained at Panama during the nast fortnight, in consequence ot the lata arrival of tne El Dorado on h*r last trip from Havam. MESSAGE OF THE VICE PRESIDENT TO CONGKES3. [From the Aspinwall Courier, March 0.] Don Dominco Ohalaia. the present Vice-President of this republic, addressed the National Congress at the opening of its ^essiori*, on the 1st of 'February, in a n.exsage of considerable length, in whi?h he presented the causes. reviewed the progress, and set forth the pro bable effect* of the rscent revolution ? the relation* of Now Granada, and the cbang** that have talten place during the peat year, and in that connection the dlsre spe:t and violence that have been shown towards foreign legation*, are very much regretted? the evil* that bave arisen from the frequent <livi*iona of the territory of the republic, are stated, and the policy of centralis ng the government as rapidly a* possible ii recommended? a plan of the Secretary of Stat* to divide the whole repub lic into nine prov.nces, is approved-? the pardon of many political criminals is referred to? the public school ?vs tem it I* proposed to improve? and the project of a n>-w evstem of elections, which reaehed a second reading in the Congress at Ibague. last year, is forcibly urged. Concerning the great work* of material progress, the tcestage says:? Some of these which are of vital importance, for the entire nation, have been paralyzed or were suspended by the disturbances that bav* recently been concluded. Happily, the quiet that reigned In the province of Pani ma. permitted t*e continuation of the inter marlae rail road; of this magnificent work that is on the point of rescblng its terminus, it may truly be sail, It is for the welfate of the isthmus of the above name, of New Gra nai'a, and of humanity everywhere. Very shortly after thin road sa found in complete nse, the influx of pasren gers and tb* transit of freight and of things now a rait ing it, will be so very great that tber* will b* sn imme diate nec*ssity of what is already to me of recognized importance, to wit: the creation of a territorial nove riignty tbat may embrace tbe inter marine tract if land, and the islands in the vicinity of Panama city, in or<ler tbat they may be roverued by a magistrate of thsir own choosing, and work with tb*ir own I/egi.tlature, and their own judicial functionaries that may be deemed necessary. All this can be done without alter ing at all the constitution of the republic, or varying therefrom, and I am heartily (teeirous that Congress should devote part of ita first eenMons to the expedition of this law. The Panama Railroad and the Uland of MantaoUIa, where the city of Colon (Aspinwall) is being foua>i>d, sre the objects of fiscal a?sessments that will promote great benefits to the national treasury, and to the cre <ilt of New Granada, rhee* aasesaments will be re newed with tbe commissions, suspended by cause of the war, and in charge of the FlaeaJ Agency of th* republic named in 1864. The Month Pacific, The Pacific Steam Navigation Company 'a ateamer Val divia arrived at Panama on 7th inst., with the mills from the ?outh Pacific. Hh* bad 39 pa***nger* an I 9t0(i,000 in specie for England. The dates are Valparaiso Feb. 14, CallaoFeb. 24, Guay aquil March 2. PERU. By the arrival of the Georgo Law we received a copy of tbe Callao Hnreign .Veios, dated on 'i4th of February, but tbe paper doe* not contain any additional intelli gence from P*rn. can*. The news from Cbil* i* unimportant The British ships of war President, the steamer Rattle snake, and the French brig ObUgado, were in port. The market* are reported as rather dull, hut an in cresseof businee* soon looked for. The late rise in the price of Chile flour has been fullv sustained, and its ef fect has been to check speculation. A ^argo has been porchaeed at 47.6, and some small kite for home con ?aaaption changed Bands at 9* The prices current states that there appears no prospect of the price niu up, M even of the present rates being maintained Kreiglit* rather looking .town, an i little activity hai been observed ; shipments to Europe haying subsided. BCAUDOB. Our da teg from Guyaqull are to the 2d of March The question of the guano deposits on the Gallapagos Island* ii discussed. Very rich silver mines are said to have been discovered near Kiobamba ; by an analyst* made by a German, eighteen onaces of silver was obtained from twenty-five pounds weight of the ore. A new journal called El Eipectador has been (tarted at Quito; it U devoted to the interest of the clerical party. Later from Australia. TBS LATE HI0T8 ? MINKKH AMD MILITARY? MABUAL LAW? TUB GOVBRNOB OONDBMNBBk Australian date* (via Callau) are from Melbourne to the Oth of January. Martial law was proclaimed at Ballarat on 6th of De cember, but revoked in forty-eight hours. The entire gold llcenie system 1* condemned. It U reported that; the conduct of the military during the late riote wa a very merciless. No account of how the affair ha* ended. The diggers were more than once brought into collision with the militarv, many live* were lost on both sides, and a number of persons more [ or less wounded. The general opinion, as expressed by the various correspon ? ents of the local journals, appears to be that the eo? ? uct of the military was unnecessarily cru*l. The con duct of the commissioners and officer* in charge of the troop* doeB not appear, from the publlabed account*, to have been guided by good judgment or discretion, and really seems to oiler some justification for the conduct of the people. tpon the 4th of December a government gazette ex traordinary called upon all true subject* of the Queen, and straogers enjoying the protection of the British flag, to bold themselves in readiness to uphold the govern ment, and on the 6th martial law was proclaimed at Ballarat, but the order was withdrawn la forty-eight hours, aid even the Governor found it necessary to ap eto the Legislative Council to pas* an indemnity act, the purpot-e of clearing him of the responsibility b'e had assumed. After some discussion, the Hoese passed the measure. The Melbourne Herald blames the Governor, Sir 0. Hotbam, for bis rash and unconstitutional conduct, and censures very *?verely the whole management or the gold license system, and the course adopted by the go vernment In harassing the miners and closing the public lands against settlers. The following is the official account of the reneontro of the military with the gold diggers at Ballarat:? HKAnQVARTKRS, Camp, Ballarat, Dec: 9, 1854. The Major General has bad under consideration there port of Capi. Thomas, 40th rsgiment, respecting a sharp rencontre which took place at dawn on the 3d Inst., about one mile and a half from this camp, between a bedy ? f insurgents and part of the troops then at Bal larat. The party in this affair wa* composed of one subeltern and sixty five of other ranks of a detachment of the 12th regiment, under Capt. Queade; one subaltern, and thirty of other ranks of the military mounted force under Lieut. Hall, 40th regiment; and on* subaltern, and eighty seven oi other rank* of a detachment of the 40th regi ment, under Capt. Wise; together with six officer*, and ninety -four mounted and foot constabulary. Cajpt Pas ley, or the Royal Engineers, Lieut. Richard*, 40th regi ment, and Sub-lnapector Taylor, were Capt. Thomas's orderly officers on this occasion. The force thus constituted advanced steadily until they received the fire of the rebels, and then stormed an extensive barricade, which these had for some days con structed and held as a stronghold. In their headlong flight before the vigorous assault of the tionps, they met with severe anl merited chastise ment. Thirty are believel to have been killed, and a much larger number wounded. This salutary lesson to the traitors and anarchist*, then banded together for tho subversion of law and or det, has, the Major General regrets to learn, not been effected without Captain Wise, 40th regiment.and Lieut. Paull, 12th regiment, being severely wounded, and other casualties. Sir Robert Nlckle will not fail to submit the names of the killed and wounded for the consideration of the Rt. Honorable the General commanding in chief, In order to their being transmitted to their respective parishes, to that their friends and kinsmen may become acquaint ed with their gallantry. A it ee ting held at Mount Alexander was attended by 4,000 miners, and speeches of a very inflammatory cha racter were made. The subjoined aie among the resolu tions passed : ? lbat as the Legislature has taken no satisfactory steps to redress the grievances of the residents on the gold fields, tbiB meeting protects against the injury done them, and recolves to take cut no more licenses for gold digging, and to quietly abide the consequences; and, as it la necessary that the diggers should know their friend*, every miner agrees to wear, a* a pledge of good faith, and in support of the caute, a piece of red ribbon on hi* hat. and not to be removed until the license tax ia abolished. That this meeting indignantly protest* against the violent and Illegal lesort to arms, on the part of the Sovernment, against the people of Ballarat, and the oatile attitude assuoied by them to ware a the naturally peaceably disposed and industrious inhabitants of the gold fi> Ms, by placing them Illegally under martial law, tnd deliberately records its usialterably fixed determina tion. in the event of the government refusing to imme diately withdraw the military from all the diggings, to use STery just inesn* within its power to obtain their i acred and inalienable rights. That this misting from their very souls sympathise with the true men of the people who are unjustly im iri-oned for taking part in the late outbreak, and alio ocslre to publicly express their esteem for ihe brave men who have fallen in battle, and that to show their lespsct, every digger and his friends do wear to-morrow rSunday) a band of Mac* crape on their hat*, and in their public and private devotion remember the widows and orphan* of the dead warriors. Miska liauttr has been giving concerts at Sydney with great success. lbe receipts of gold per oscort. during the week end ing the Mli December, at Melbourne and Geelong, amounted to 28,588 ozs. 1 dwt. The total amount of gold dust exported from Victoria since the first of January, 1864, is 2,018,647 oz. 5 dwts. 6 grains. The Legislative Council had adjourned. Intei-rating from Japan. Another Intereatiug letter from Sila* E. Burrows, np {>ears in the Alia California, whicn we condense u fol Ows: ? Wlii!e in California Mr. B.'* commercial buiiaee* enabled him to obtain various specimens of ssulpturinf from the natives of <Jueen Charlotte's Inland, in latitude 64 V. The native* lake slate rock from their mountain* and sculpture it, with a beautiful polieh. He waa im jressed with the great resemblance of thia work ta that of Japan, and took with him to Japan variou* specimen*. When in Jtddo Bay, with the Vice Governor of Urag a, an <? many of the chief men on board, be had these labors of the none of (jueen Charlotte'* Iiland placed on the ta ble, without a remark being made. The Japanese, with evidently great aarprlae, (a* they bad their police legulatlona so perfe-t that nothing could come on board the ship without their knowledge,) aald, " Where, Mr. Burrows, did vou gat these Jaoaneae arti - cles?" He replied, " Are these Japanese f" "Certainly they are J 11 panne," said several of the party, and anx iously looked at him to ascertain in what manner they bed been brought on bosrd. Mr B. replied, ''It U with great pleasure, 'and this alone repays me for coming to Japan, that you recognise these articlia to be the workmanship of your family, buttha workmen were not born in Japan, but in America." Tha poettion of Queen Charlotte's Island waa then pointed out to them on the charts, and when they again examin ed the sculpturing*, and saw how perfectly Japonesa they were, all were satisfied that the inhabitants of (jot en Charlotte's Island were their descendant*. The noble specimens of the North American Indian*, Tecnmseb. Logan, Lncas, King l'hlllip and I'ocahontaa, were peifert specimens of the Japanese, and were no doubt of the same blood and family. Ibe proof presented, Mr B. think* conclusive evidence that the red men ef America came from the family of Asia Many of the habits and enstoms of the Japanese have survived the wreck ol agea. The Japanese have a tradi tion that many years ago, thi ir vessels had a communi cation with the land of the rising sun. aaw called Ameri ca; and I hope your renders will feal the same interest in the subject aa I do, as it ieriens in some degree tha speculation so long existing as to man's creation. When Columbus first conveyed to fpain the native* ef America, who appeared so dlflerent from the intabttanta of Fu rope a* to impress all that lh*y were a distinct creation of man, conld tbey have been accompanied by the Japanese of Ilia, they noald have raaked a* the same family. The Japanese made it a perfect jubilee during the time we remsined in Jeddo Bay. and had not the Kmperor in terfered to arrest the intimacy, the Japanese would soon late been Americanized. Never nere a people more deairous of the closest intl mocy; but the Kmperor snd prince prefer the old cta'e of things to the new, and time will be required for the change. Sandwich lalnnd*. TBI Bill TIB H FATRIOTIC PIKD ? POSITION Or THE WAK BHIPB- PROCLAMATION OP THB HKW EIN0. By tbe ecboonet Frsnces Helen. 'JA days out from Ho nolulu, which arrived at Man Francisco on Saturday, 24th ultimo, we have papers from that place up to tbe 3d of February. On the 2Utb January, a meeting of British residents in Honolulu wss held at the British Consulate, when a se ries of resolutions were passed as to the formation ot ft 'Tatiloilc Fund'' for t lie relief of tbe widows and or phans or the Fnglish who should fall in the present European war. R. B. M. 's Consul General, Wm. Miller, tsq , was in tbe chair. A committee was appelated to collect subscriptions to the fund, and remit the same to the treasurer in England. Tbe committee were to report at a meeting to be held at the same place on tha 1st March. The subscribers' names are to be publiabed in the J'oiyntiian and Argui newspapers. Tbe F>*nch frigate Kurydice and the British sleop. of it Tiincomalee sailed from Honolulu on the 2Btb Jaau arj? tbe former for Tahiti, and the latter for the Soatb American coast. Ibe 0. S ship Portsmouth arrive-! at Tahiti in tweaty days from Honolulu, all well, and waa soon to sail for tte C wted States direct A letter from labaina says ? Ws have hadaga!*, Jan. 20, from tbe southward, with rain. Toe Auckland part ?<l from one of her anchor*, and slipped from th* otner, an* stood out to aea, so l returned on the IHJUi. llie new K lag had leaned the following snti revolu tionary proclamation : ? Whereas, It has come to my knowledge from the high ettefliciel source*, that my government ha* hewn recent ly threatened with overthrow by lawless violence, and whereae, the representative* at my court, ef th* Caitel Mate*. Great Britain and France, being c ognisant of the** threat*, have offered me the prompt aaaistsane of tbe naval forces of their retpectfve countries, I hereby publicly proclaim my accepts nee of the aid thos proffer ed in snpport of tnv soveteignty. My independence la more (Irmly established than ever before Palace, December S, 1864. KAMEUAMEHA

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