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cratic candidates for the Governorship will be in the field In which case, together with the probability City of an Ameri can people's party nominee, the republicans would OC. cupy a respectable position and stand a fair chance of success is difficult to imagine parties be FO namerous but the hostility to Weller such intence rce that every means will be taken to lessen his prospects of election. Under these circumstances without be to themselves though republicans, confidence, yet from the position parties they will use, it is be presumed, the fullest discrimination and their best judg judgment in the selec ion candidates. American par.y continues to show signs of vitality, and in some counties will probably make nominations for local offices. Isolated efforts are essayed to effect an organization of the shattered frazments of Know Nothingism by constructing anew platform; but as far any practical result cerned, the have proved fulle. was resolved to clare eligible all citizens- native and naturalized- m em bership, who approve the principles of the party and an other amendment provided for the abolition of signs and passwords and all the wicked humbuggery that characterized their lodges and meetings some time since One surprised observing the rapidity with which the Know Nothing party has fallen to pieces, and the miserable position has been re duced to within very short space of time Two years ago, not alone in California but many other States, their roscriptive doctrines predominated and were recognized favorably Here, at this present moment, the party without organization, and is deserted by every one whose name have given weight. is a complete wreck, and its fragments penitently seek admissio into the demo cratic party else swell the republican ranks. Tois sult has been brought about much the intoler and anti republican doctrines of Know Nothingism as he startling corruptions leading apost The mass people who were inveigled into profession such spurt us Anter icanism as obtained in the party, dis covered very soon how men of corrupt principies abuse authority, and to what oppressive excess es fanaticism will carry victims. They pre ferred and had more faith in good men, un tinctured with narrow prejudices, to be elevated power for they knew they could not hope for reward that they would not suffer wrong The Know Nothing party has thus passed an away. existence not been entirely unproductive of good. The spasmodic eff orts now foot give it vitality are without avail, and only estab1:sh the impotency its remains. The highest aim view of those engaged in the task to secure few local offices and may be stated here that the pers ns elected within the past few weeks to the democratic county con. ventions were chosen in majarity of instances with more regard to their views on the choice of Sheriffs, Treasurers and Judges than as to their favorites for the office vernor this aspect of affairs political is yet in doubt the chances of Weller, and a combination spoken that will secure the nomination to Nugent, and wh would both branches himself aid draw other an more Aue the democratic family. The appr baching gubernatorial election is the only subject of discussion, and this will afford reason for the amount of space devoted to the matter in this communication The Vigilance Committee question will be, by tacit consent, left out during the can vase Peace and quiet are necessary at the first establish ment of State for its prosperity and the distractions internal quarrels a certain means retarding an increase of our population. The most bitter feelings are associated with the era of the Committee, an no sincere well wisher of the country would desire see the subject context about enter This, into he Suows other reasons, will serve to keep the matter from before the people. Most all have had their minds fully made up on the justice wrongs perpetrated by the Committee, and it would be productive of no benefit to either party, but on the contrary injurious to the repose of the State, bring its me its before the people for judgment The people of Oregon are about forming constitution previous to their applying for admission into the Union State In the choice of delegates to the convention for that purpose, it appears their views on the slavery question will be an important consideration. Gen. Lane, the newly elected delegate, is und erstood to be in favor of the establishment slavery, and several of the Oregon The advocate introduction. aettlers warmly journals are princip from the South Southwestern western States, and, with with believe in the notions the on matter, crude probably troduction of in o'untarily servitude they would be in a fair way soon becoming possessed of several hundred negrees It is strange why the people of the Atlantic States should have allowed this important matter escape their attention While wrangling about Kansas and its institutions, here is Oregon, Territory far North of about having the peculiar political feature firmly tab lished on its soil. Slavery, there is little doubt, will be established Oregon. Parker H. French: who established a republican paper in this city, which lived but a short time, (less than the he field. an commenced in again week, Yesterday action in one our courts against Charles Morgan, of New York, to recover $66,000, which he claims due him on stock speculations. French alleges that Morgan employed him to dispose Nicaraguan Transit Company stock, sa e of $600, 000 of the shares effected through French's 000 of $300 realized Accord $300,000 profit was to agreement Parker H. French says he should have one fourth, or $75,000, of sum; but Morgan tseems paid bim only $9 $9,000 000 as his hare. The sale alleged was made at the Board of Brokers, in New York city, in January 1856. by Jacob Little, and others. Noah of this city, son of the late Major Noah, of New York has obtained contract from Comonfort's Mexican Lower coin in California, vernment, money years. Mr Noah is connected with the press of San Francisco, and enjoys the reputa of being ready and brilliant writer He is also interested in the Gosochoa Emigration Society which aims to colonize Sonora. the protracted litigation connected with the affairs of the defunct firm of Adams & is drawing to concluion-at least that gave interest the proceedings disappe ared. Palmer Cook who over $100 the assets on deposit, have become the owners of the same under late decision our Supreme Court, 10 satisfy their claims, amounting $560 000 in certificates of dethem JO pas held by bills drafts, post, against exchange, Adams Co. It will be seen, therefore, that the fun is, are . which from creditors swallowed dividend, expected up, and nothing remains now worth fighting about. the the & of : Adams time of failure their Co. depositors ceeded eleven thousand in number, scattered over this State and the East, holding demands average $200 Under an order of the Court a referee was appointed of to the pus in receive proof against firm, this way over one million and half of dollars was pre sented varieus kinds of evidences of inde bted btedness. ness. It was confidently expected that the available sets would distributed among the creditors when the referee's report was given in, and in fact the Court ordered such to be done, which was prevented attaching creditors of the house when failed, and lawyer nam Stanley who claimed some exhorbitant bitant fee for services alleged to have been rendered by him this there time Before of deal ISWA the was estate. legal proceedings concerning the amount of money that came rece the and 18rg of verdict Iver the hanc into ajury declared that be turned over to his successor about $100,000 less than he eceived. day or two ago a referee appointed for the purpose finds that the civil instituted against the first receiver for the deficiency (over $100 (000) alieged to be in his acounts cannot be maintained, and that he entitled to judgment in his favor Palmer, Cook & Co. were during this time selected to hold the assests, which they secured by mortgage on large and valuable quantity real estate theirs in this city Mean while they obtained pessession of $560 000 of the debts due by Adams Co. and which referee the by shop had en been course, pesords titled to a dividend, ever one was to be declared. They then refused to pay back he $100,000 deposited in their bank, on the ground holding good offset: and when attempt was made to foreclose the mortgage and sell the property an appeal was taken to the Supreme Court. who as held were the Co. Cook that sole Palmer, and legal owners $560,000 000 of the debts due by Adams Co., they were entitled to receive dividend, nd, and would therefore an idle task for them to pay the amount to the receiver, and then the same amount back again. Out of main instituted by siab C. Woodsagainst Woods against his partners, Adams and Haskell, disolve their parmership, and wind up the affairs Adams Co. has grown and an of endless train suits, proceed legal multiplicity ings, which has alone been effectual in mystifying the contheir of fees affairs. dition the pockets putting large lawyers, ers, without benefitting the creditors in the slight of share estate est considerable has been degree. eaten this manner, and with the $100,000 to Palmer, Cook & small modicum remains, which will also something like the same way. When Adams & Co. became insolvent small number of their creditors at tached whose claims were large enough to warrant the outlay of money in seeking to recover them in the courts. These parties subsequently intervened, and have resisted any distribution the assets among the other creditors until they were first satisfied. Their case has been ar gued before the Supreme Court, and decision is expected next week in favor of the priorty of their debts, according to the attachment law If this occurs the last vestige the assets Adams Co. now in the bands of the receiver, will be insufficient to pay their claims. The great bulk of the creditors, ten thousand at least, have been forced by their necessities to dispose certificates of deposit ruinous sacrifice, or had they pursued the contrary course they would have lost too many unfortunsie depositors will now have to this to failure was The relating controversy complain not confined to its proper arena, but was brought into the utmost acrimo and there with the persuance newspapers