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CHERAW GAZETTE WHENESDAY. JULY, 10. 1837. Triumaph of Order.-We have copied, at length, from the Charleston Courier, the article under this head. giving an account cf an attempt by a man professing to be a Minister of the Gospet of peace, to get up an excitement, and perhaps a riot against the Banks in that city. The result must make every intelligent and virtuous Carolinian still more proud of the Southern character. We fully agree with the Courier in the opinion that the institution of slavery, (we are not squeamish about the use of the term,) exempts our Southere cities from the dangers of agrarian mobs, to which cities, and owns at the North, and in some parts of Europe, are SO much exposed. From the very nature of the case, it must be that the number of vicious and degraded vagabonds will be less in a slaveholding community than in any other, so long as human nature and the institutions of society continue what they are. Persons holding notes on the old State Bank of N. Carolina. and the Bank of Newbern, are cautioned against retaining them. They will now be received, we undersand, in payment of taxes in that state. But after the first Monday in November. the Banks will be extinct, and the funds divided among the stockholders, so that bills not redeemed before that time can never be redeemed, and will of course be an entire loss to the holders. The extra session of the Legislature of Alabama has adjourned, after passing what is called a relief law. It sanctions the suspension of specie payments by the Banks till the 15th June, 1840; provided they will grant indulgence to their debtors as follows, viz: for 25 per cent on the amount due for one year, 371 per cent. two years, and 373 per cent. three years; and provided also that if the Bank of Alabama shall resume specie payments earlier, the other banks shall also do so, or forfeit their charters. The Legislature has also authorised the emission of $5,000,000 of State bonds, to bear an interest of 6 per cent. per annum, redeemable at the pleasure of the State, after two, four and six years; to be sold, not under par, for specie or its equivalent; to be divided among the branches of the State Bank; one half of the share of each bank to be deposited in N. York as a specie fund, subject to the drafts of the bank. The Bunksarealseauthorisedto issue small bills. A number of other bills were passed, among which is one to divorce a discontented pair, and to authorize the citizens of Cahawba to elect a Constable.