F-'o::! th,’ X’\v Vork rl raid, 2ad'Inst. IMPORTANT FROM MEXICO. E.NGl.Isa Ll'\ rlio rn:ir:-;. r.: ‘ vn owing to the acquiml confi- Joiict-ia :i coiKtii.iance of the peacful i t lations be tween this cojiiii V and Great Britain. AV e cannot, TO t>.\NrA ANNA—INVASION 01' h,->\vf;vc:*r, shut o'lr evos to the kict that the position AS •'v:ui'Ai>!. jot I on the subject of neg^?o sljveiy is anta* Dv thn Br/i.sh m:\il. Med\v:iv, v.iii'-ii arrivc'Uu'ro hrnnibi lo ih tt of the United States upon the same f-oiu M:vv.^ Immmv l-.isi, :: uic.a !or j:i;jhjrcr; a:;,! iinr movement of the former power, on W.itur.huM ) -nnurvi xviili thr o'l AsiiV fo iiivor:5.li ive n^ceiv^. J hi^;ily iinp.u- t iiit iutclliireucr I'l-idu .'leMiv’o by a j.ri.atc ^ pMM^ience iVojii lliat c.ipiio: luui ol th • in.)=1 nut.u'n- | :ic. chai:u'ter ctiy 01’ in.lireciy, in the nia'.lcr, has a dire', t and iriini tendency to bring the two coLiiitrics iiuo coliisioii. our Governor will not publish it, or any po^iion ot it. They say it is too long—it would fill up our papers,” But we guess if it was creditable to His Exceilencv, it would he forth coming pretty quick, if it filled a dozen papers. oaii P„’lnl—'I'he snysTiie fol- 5-1 LiMhJoii. tu liio aia luiii »i‘ a.'iOO.OOO or i j )vv;n:; imiiu-il gontlenir-n have been invilt'd by the .'^laOOO.OOJ—for a pcnoil ot t’aiirioca ye.ir.s withoiu ; War to attend the Annual Examina- il'iC ])avnieiit oi any "•‘.mr.ai ia^c^e^t, uatu i!ic })oii-.».l [ cait ts atiiie ^Military* Academy, to coni' ,,l’roia'ihur^emeiit/wlieu the hold.t.^ ol* the h> will reroive i'nr SlOO, outaml op.t. The agents ! I’lip this loan ia I^oiidoa arc Jai’.i‘.'s Morrisoa iV Co. ui‘ Loniloa, Tht; liriii.sh ^overanioaL ht.'conio t!ic ^•uiranlec tor it^ i-ci)ay!neni lo the Ka^i;.ih^stocU- houier.5, ami in i-on-.ider.iiion tiicrot)!’ all I'oaiujraclaros arc lo be ;ui!ni:te.i into \ era (-’ro/. ii'.nl other ports (.if M:‘xico. ar a noaniial d.vitv, lur lli:‘ f^aine ]icri-.)d at vvhicli the loan i.' t ^ ^ _ We bavo aU.. l.Mra-1 >ai^; n.ira.uiLu-s tao las- io:y of this loan, wliich we n;.\v give, and shau add iitore licreai’icr. At tiie close of Iasi vi-ar. or tl'.-o beginning ot the present, an agent tVoui r' inta. Anna proceed.od to ! i')!U loii live pnrpuc?e ot" ;;r^ a loan on anv terms or eon !ian in 1 - • ’ Afior a LTeat ile;d of negoiia- OiluOi'i, a'; I -on vv V.' vo'j.se ;.i of the iircal hanlang Ill I, ’.)ioi‘ee>.ioil to Alexi- eo, i)V one of iac \\ esi liuiia slc.i'iiv'".-?. Oil n’aeii- Mexieo. after so:iie iii'L^atiatioa, the ti-rnis ol tlic loan were arrantr‘d. ae^'ordiu-j to tiui .statement we hi'ive given. Oa'thir^ eirectcd, Santa Anna, bt‘i '1"' alni't.st like to bors!. wrote and ]?iii>li-?hed the reeeat k‘tter.s to General IIoucton. Pre.videntof Tex- a^ anil lo General HaaaUoa tiie Texia.a envoy to iEurope. It w;is the union of the I'hi^n.iyh abolition and Mexican iatiw.'nee in London, that prevented ihe ?ucc*e.ss of the Te:-:ian loan attempted by Gene ra' Hamilton—and ih(‘ .-ame union that was succcs.s- iiil in the Mexican, aided by tlie. Mexieaii mines and tr;ide. In t!ie mean tisne, ahuiU six or eight weeks atm. the agent of the ]Morn.-;;.>ns, aceoaijia.-i'.ed by an (/e of Santa Anna, u liose name we be lieve is M. Escandon, hd>. ^'c:•a Cruz, rearhed Ha- \'anna in tinu; lo take the ?toanier jMedwas, which touched at this j)ort on Friday last. The names ol hoih are in the list of pa.^seiiLiers. They were also accompanied by M, A. Cahieron de ia Barca, the t>panish Minister at Mexico, on his return to b^piun. I’y the?>e persons the intelhgence was brougiit to iiience on the llrsl Monday in June next: 'i'ijoni.is A. 13^blois, Esq , of Maine. James J. Austin, Esq of MassachusLtts. .J n. E. P. Wallon, of Vermont. ilev. Alonzo l^otler, D. D. of New \oilc. Piof. Alexander Dallas Bache. of Pennsylvania. Oeofgii P. McCulloch, Esq. of New Jersey. Geu. C4eorge H. Steuart, ol Maryland. Ct)i. Josiah W. Ware, of Virginia. (.b-n. Alexander Macrae, of North Carolina, llichard W. Habersham, Esq. of Georgia. 1)/. Cliuichill J. Blackburn, of Kentucky. (,ren. Robert Macaiee, do. AV. S, 'r. Dennison, Esq. of Ohio. John ii. Flovd, Esq. of Indiana. Hon. .A.. S. 13rown, of Mississippi. I):. Bi-njumin W. Maclin, of Alabam:!. b’redf-rick W. Cuitenius, Esq of Michigan. ] )c. Frederick Hall. District of Columbia. Capt. Beverly Kennon, U. S. Navy. Col. J. J. Abei-t, U. S. Army. Capt. P. II. Salt, do. V/o will also state, for ihc information of the pub lic, that the Cadet appointments for this year have been made. 'I'he next selections will be made in February or March, 181S. a Committ^? \vas appointed to examine into the af fairs and test the solvency of the Company. This Committee perforoied their duly, and what was their report?—'Fhat the revenue received on the Road icas not avffi.^ient to pay expenses; that the Company icere in debt, and the Road about to be sold for its debts, and that the mortgage to the State for the money already loaned, in consequence candidates this summer for seats in the Iv^gislaturc The people may look out; we intend lo point .them out in due season. THE STATE BONDS. Those who heard Mr. Henry’s speech here on the 26th ultimo, will recollect his account of the manner in which the Whigs in the last I^'gisbture. JEFFERSONIAN: CHARI.OTTE, X. C., TUESDAY MORNING, MAY 17. 1813. of a defect iti drawhig ihc papers^ was null and o/i together with the Public 1 rpasurcr and Govpmor^ no force. This was the substancc of the Report, j iodgi?d an investigation that was called for in rela- though not the precise language, as we are inform- jtio» to the moneys belonging to the State, and wl„d, cdby members of the Legislature, (the Journals had been loaned out by the Internal Iroprovemem merely sav a report was made.) Does not ihis Uml Literary Boards. Smce that lime, several of show som'ething like a “bankrupt vai 1-road ?” j the Federal papers have been endeavormg to But we have still stronger evidence, ' Mr. HESRT ahamc- In consequence of the report above named, the Bill of iVIr. Barringer was defeated. Consterna tion then seems to have seized upon the Compai^y. Cut off from the hope of feeding from the State Trea- ^ . , . ,1 . . u u » i the facts losorecn their own party Governor, Trcz- sury: in debt and about to be sold out, and the ie\c- , i r » t r ,u 5tirpr Tfid members of the Ijpgisiature fronithG re- nue not sufficient to pay ordinary c.Kpenses, they ana memuei> oi » re fully misrepresented the whole fiffarr. Asf crsna}, w^e can just turn lo “the record” and show that Mr. Henry was entirely correct in his charges, and that his assailants themselves are misrepresentinj OUR VICTORY. The Republicans nre very naturally elated at ihe'r success in this Slate. They rejoice that their own bidoved Virginia is still true to herself and to iho'country. They rejoice that her voters are too iiitelligenl to be hu-uibugged, and too honest lo be bribed"’ by the leaders of Federalism. But ihej Ry the?>e persons the intelhgeiice. was brougnt to i j.tijjy iheir victory with becoming moderation. \ Which will the ,his city and sevcrr.l coniau r.-ial i.-tt. r. were also | J oxcerdmcly gratifyiiio- to the Demgr- received here, ntal ng Do-silivelv the l.'cts as wc i 1‘lo oxc-“«-n^.y gi.uiiyin,, lu i ' ™ rXted .iie.n, = ' ' _, . whole country-but they will not l^e .o - . . 1 . .1,., 1.1 tlimr ontl r:i f innS Of lOV. I 1 i J)f:nocrqtic ffcpublican ^ominotioJis; FOR GOVERXOK, I). Henry, of Fayetteville* STATE I.KGI SLATURi:. For the Senate—JOHN WAIjKEU. Commons—JOHN KIRK, DR. JOS. IV. ROSS, C.ir.fnj ERU'IN. Election the 1st Timrsvv:;.^'.lh day) o.f AtiLnist next. PARAPHRASED KROM THE RALEIGH REGISTER. r Theciindiiintesnow hofore the people for Goverii- or are, LOUIS I>. HENRY, a Democratic Repub lican, and JOHN M. MOREHEAD, a Fi'dcrai Whig. A Dcmocratir Kep^thliran means one who goes for equal ri^lits, the liberty ot the Pcopki and the Ivi^uts and Liiion of the Stated. A I'edvi-al Whi" means one who is on the otUsictc, for the people, .ind on the infiide, for hiineolf. People before the election, and for himself alterwards. People choose ? _ were about to stop all operations in despair, and let the State whistle for the money loaned them, and also pay the bonds for which she was security for proach they merit. The Boards of Internal Improvement and Litera ture have loaned out of the people’s money upwards • • r .u k- ! of two millions six hundred thousand dollars, ^ the Company. At this crisis of the subject, Crov. 0‘ ^'vo u ununo • MoLuLd (our present IVAig Governor) sent to is righta«d properat al times that the people sho«^ he LegisUure thl following message: know how their funds have ^en disposed of, whelW I or in safo hands, &c. Therefore, at iht; coin- “Exkcutive Office, January 0th, 1841. | j^g^cemcnt of the last Legislature, or oa the 24th To the Honorable, the General Assembly j)^cember, 1840. M. Barries, a Democrat ia the We further leuru that the intention of the Mexi e:xn government, as soon as they sliull have receiv- ‘vl P^eamship^:, muskets, auil other nuinitions cxl' war from Knglaud. and brou;iit to them under the Kn- (rlish llag, the nroceeds of their lr«ui, that a terrmie iVivasion or >vill I'O nia.lo L.otl, l,y Hca and hiiui, tliiit a niiiiihor r>I I'rilisll na\> and .irni, olii ror.9 will be enanjje.l to lead the.r trooixs to bn.ak. 'Fhe loan wili take no money Irom Lug :uid, l.ut ■ ■■ - In exlrava^uiit in their demonstrations of joy. their opponents after the l>resKl#'»‘«'«’ ‘-“*C‘:tir,i^. They \vi!I not ccJehrrite their victory witn “ l'..onfires and inumiufitions;” nor will they evmcro vheir joy in anv older than a rational manner. ’We cannot but regard the res'iU as a great moral as Weil as a brilliant political triumph. Our ad versaries in the canvass app^aied to the worst pas sions of the human heari. They hoped to gain »„nitei - Arkansas—besides threatening the v.’hc:.e vahev th.e ?/ii-.iwi>^sippi with his veng--;irtce. Oi’ the general accuracy ol' tiiec-s j;.iporl.\nt iiicts, wo have ^detailed, rocre can be no mistuUr. Ihe idea publislieo in New ^rleaus, lha* to Rnghin.l hai heeu ceded the Caliibrot;is, i.^ without loundation. Xo doubt Enizlaud would like to £iot that country, i)ut the vif^ilanco ami jealousy of Russia in the north west interposes insuperable obstacles to such •I o-urpose. The Rriiisli policy is to bring aiexico aii l the United Siate.s into confliet. tlirough Texas, and by keeping both in a state of v/ar, tu weaKen them, so as to be rible to govern and control liie po- liev and interest ol i)o(h. It is very evidentJhat at t.ie (ir.iT step tov.’ards the inviision ot Texas by iNIexico, H tumidtuous army"' will rush trom the volley oi tiie ?>Iissis3ippi acro.=;s the Sabiiie. This iact will I'i’.rnisb to Santa Anna, in tiiC cv'eut of victory, a Di'etexl to invade the L nitcd St:ites, anct to reiuse to liquidate the indemnity agreed upon by his com missioners at \Vuc;hiniitoii, It is, however, not so verv certain that the Texiaus, assisted by the An- gu/Saxon race of this contmcnt, wiil not carry the war into Mexico, and plant tiie staiulard ol the if>ne star in the palace of the Moiite/umas. At all events, a war—fierce atid bloody—between Mexico and Texa.'^, is now certain. Let u.s prepare for sucii events. I'vti-.n ib^- 'VVa.';hin2‘nn filui)!'. KXGLISII OPKRATIO.\rt I.\ MEXICO. The facts given in tiic extract below, by tiie N('.w York Herald’s writer of the money article, we be- lit.'ve, were obtained from re!iabit! informants ---p'.'r- sous of character, and some of ollici;il standing.^ The ai 1 of England thrown into thi.' scale ot San ta Anna and Mexico, may pos>ibly bring that of t!ie L'nited States as a suppoit to 'Texas, 'i’he m- lerfeience of iiLuropinin nations in th:.> conflicts of thi'- continent inn:>t, iirt ssariiy, have more or less i.itlaeiice u’lon liio deiiiny of tli;^ country im 1 its in- s‘ituiions: It app:':irs tliat S Aniia lir.s conebidcd ar rangements (i)r a so-called lo:in oi on terms u’hich pi ice it upon no other faoting lluin that of a subsidv'. Thesi! ar^, that tlio loan is to run tifieen years without interest, to bo reimbursed, at the exp'iration of that lime, with forty per cent, ad- vrnice, and to be guarantied by the I’ritish Ciovein- rnent. British goods to be received into Mexico duty free in all th it time. The proceeds of the loan, wliich are equal to 6lo.000,000, will be sent to iMexico in the shape of arms and munitions of war, for the conquest of Texas. Ttie bonus of forty per cent., to be paid at the expiration of fifteen years, is about equal to an annu il inierrst of three per cent. 'The interest, in fifteen years, would amouni to .€1,- ‘200,000. The present ]M?xi.:an debt due i.u I>on- lion. is as follows : (^apital n per cei;ts. £*2.7G0.G-‘»0 t) •• ' dliOtlirO OiaVT. O Vi ed taxes of the i;.rosent year, and other burdens up on the people^ ‘‘too grievous lo be borne,” w’ere attributed ibf; notio-eceplion of the land money. 'They thought the yeomanry of \ irginia too igno rant to tn^idcrstand the plain proposition that, for ev ery doliar received under the distribution law’, they would be; compelled to pay bade a much larger sum. But liow completely are the hopes and expectations of the liumbuggers put to flight by the results of the elections ! A clear majority of FORT Y-FOUU against them on joint ballot! This is indeed decis ive—overwlielming.—hynchhurg Repvblican. do from home to hear the news, frojn home. In casting our eyes over the pages of a New York pa per, (whig) several w'cidcs ay^o, we noticed a letter from Nouh Carolina, in whi^h the writer antici pates a considerable chango in the opinions of this State upon the Tariff, because there are some Cot ton Factories amongst us, whose owners desire pro- lectio7i. in other w’ords, they go for taxing the pcojilc that iheir Fuctary projjits may be enhanced. This Correspondent, likewise, slated the fact that our lianks had loanoi considerable sums of money to these Cotton Fact'>rlcs; and he might have add ed, that our public. l3oard ol iVloney Lenders had loaned the Factories a large portion of the State I Money loo. We know not where the writer got ! his iuibrrnation from. The above is the substance of the I jetter, which wii will insert in full, if we again lay our hand upon it. ' Sure enough, the “ Badger Convention ” in April, nominated the great TarifI’ Leader, (Claj\ for Prt bident; the owner of one of our Colton Factories (Morehead) for Governor, and came out ! openly for a National Bunk, besides ! Raleigh Standard. McdLDg in. IhlUhorough.—We have rrceivcc the proceedings of a meeting of our friendsin Hills borough. on Saturday the 7ih inst. They came too kite for incserlion this week, but will appear in our next. A committee w'as appointed at this meeting to in vito Mr. Hkmiy to address the people of Orange on Fridav of May Co.irt, the 27th instant, it being the day w'iiich Crov. MoiiEiii:Ai> appointed to be there. We rejoice at the prospect of seeing the candidates of the two jiarlies brought together, and hope no previous arrangements of iMr. Henry’s will prevent liis complying with the wishes of the glorious De mocracy of Old Orange. This has been called the Pivot County—the county upon which the elections are to turn. ’ If this be'the case, the Whiggery h.'ive nothing to hope fur—the Democracy nothing to fear—if our accounts f;om that quarter are cor rect. —RalcLi*k Slandard. North Carolina. “Gentlemen : I herewith transmit to your hono rable body a communication, this day received I'rotii the Public Treasurer, to w'hich I invite your imme diate attention. Upon reference to the act passed at the last session of the Legislature, entitled an act for the relief of the Raleigh and Gaston Rail Road, I do not perceive that tlie Legislature contemplated the happening of the event apprehended by the Treasurer, viz: the discontinuance of operations upon the road; and consequently made no provision for such an event. House of Commons from Edgecomb County, ofTec- od the following Resolution “ Resolved, That the Public Treasurer be instruc ted lo report to this House, when the Bonds due the State, from the Raleigh and Gaston, and Wilniing- ton and Raleigh Rail Road become due, and wluit security has been taken from said Companies, for the payment, &c.; and the names of the several indi viduals and corporations, icho are indebted to the State, by loans from the Literary arid Internal Im- nToremcnt Funds—the several mnounts due by eoch —^rhen such debts fall due, and the security takth “ Should the corporation cease their operations, immnents)' the pow’er of sequestration, given in the ‘Jtli .section J ' I J Total. Vrrears of inierrst duo ;).l 1G.900 'I'otal due in London. £0.9S2,7-i0 " These stocks are sfdling now in London nt 3") a 10 cents on the doliar; and yet tliiU disgraced and (lishonered Government is lo receive £3,000.000 more, at a rate less, by two p(>r cent, than tiie Bri tish Government itseli can borrow at this moment. It is evident, therefiire, thal this is a subsidv, and not a loan. This wholt'; movement is fraught wiiii tl*e gravest m-itler of reflection to people of this country. The very professions of llie Kngiish (Government, re cently manift sled, to remove every other cause of dif; liculty between the two countries, except that grow ing directly and indirectly out of the slave question, are evidences of the d ingerous po;;ition of matters on that ground. Aii Anglo Mexican war against 'Texas, on thebisis of Santa Anna’s procl:imation. which held out the suppression of slav'^ry as its ob ject, cannot but involve the United States in the quar rel, with the moral influence of slavery aganst her. Wo think it right to make these suggestions, on the increased importance which the Mexican and 'Texian war has assumed, in coni-^quence of the facts above stated, because very much of the late buoyancy of O'oL'ernor ?[orckrad of North Carolina.—(iov- , ernor Morehead of North Carolina is the candidate i of the Whig party for re-cleclion. 'The Governor j is the canflid lie of the party w’hich claims all the I " t.ih'iit and decency ” of the county. I le is no log- cahiii and coon-skin advocate, but is a genuine i U big, ojiposed lo the common people. In a cor- ' rospondence which he had with Governor McNutt of this State, during the past year, lie refused to sur render a fugitive from justice of this State, chafged with negro stealing, on the plea that the offender was entitled to such privileges, as one of the “ rich and well born.;” he l)egged of Goveror McNutt la r«'Consider his demand, alleging that the fugitive was highly connec'.ed in North Carolina, belong ing. as he said, lo one of the most respcrtable fami lies in the Slate. The Democracy of North Caro lina should procure this correspoiidenco. It would show to iho people that his Whig Excellencv is capable of distinguishing between rogues in ruflles, and rogues in rags—thal the Governor, a g»*nuine Wh ig, is conscientiously of the opinion that stealing is one of those privilegt s which a “ low-born fel low should not exercise, except at the risk of pro secution and punishment; but a gextleman of REsi’ECTARLE CONNECTIONS may exorciso the “light fingered art” at pleasure. Mississipj/iati, {^Jackson, 7^lissp.) The Democracy of North Carolina have called for this correspondence; but the Whig orgatis of X lolltv-ine Oard was in type for our last ifspVper; but owing to sudden indisposition, the Editor was unable to superintend the pulling the last form to press, and it was omitted. (Thi explanation is rendered necessary by a pittiful false hood in the last Charlotte Journal, that we iiad re fused to publish this Card, ‘‘though requested to do so.”) From tlic Rnl*.‘igh Register. Mr. CJ.\LEH : I observe in the Register of the 20th instant, an extract from an editorial article publish- de m the “Mecklenburg Jetlersonian” in which the following passage occurs:—W^hat a proper set of fellow.s these Federalists are! Tliey lavish the People’s money on a Bankrupt Rail Road; and when they w'lsh to get up a Political Convention, this Rail Road oilers a passage at half price to all Delegates who will attend.” Although the corpor ate name of the Road to w*hich the hiditor alludes is not given, it is evident he intends the remark to apply to the Raleigh and Gaston Rail Road—that being the only one leading to the Capital of the Stale. Wliaf the Editor means by the charge that the Federalists lavish the People’s money on a bank rupt Rail Road, is not for me to say. I have one re mark. however, to make in regard to it, and that is, that the Federalists nor any other political party have ever lavished cither directly or indirectly, ;i brass farthing of the People^s money on the Ral- eirh and Gaston Rail Roa.?. As to the second clu\rge, thal ot conveying Delegates to the lute Po litical Convention in this Ciiy at half pricc, I have only to observe, that it has been a i:niibrm practice ever since the Rail Road went into operation, on all occasions of large assemblies at any point on the Road, whether Political or otherwise, lo convey per sons going to and returning from such assemblages at half price, or in other words, to give them return tickets. The Delegates to the late Democratic Con vention which met in this City in January last, (of which bouy the Editor of the Jeffersonian himself, I believe, was a member.) or such of them as avail ed themselves of Rail Road facililes, Were convey ed at half price, in accordance w’ith the u.sual cus tom, and surely the Editor of the Jeffersonian wouh! not have us guilty of the gross injustice of convey ing the Delegates to one Convention at half price, aiid charging the Delegates to the other, full price —both Conv°entions being assembled under similar circumstances and for similar objects. Believing ihat the Editor of the Jeflersonian would not wil- lintMy or knowingly do injustice even to a corpora tion,'! trust that his perceptions of right and fair dealing will not allow him to hesitate m giving this note an insertion in his paper, it being perlKips the j most ready mode of cvincing that sense ot Jnsticc, which he no doubt possesses. \'erv' respectfullVi your oh t. serv f, S. F. PATTERSON, Prest. R &. G R II Co. April 28, IS 12. It will bo seen, Con. Patterson admits our charge, that Delegates to the late W^hig Convention were conveyed at half price by the Rail-Road Co., of which he is President. He justifies this conduct, how'ever, by announcing that it is the uniform cus tom of the iload to carry persons on all occasions of large assemblies” at half price, or to give them return tickets. This, as we before said, may re lieve, in this particular instance, the Company from the charge of partisanship; and we should be tempt ed lo pass tho matter over in silence, had not CJen. P. made the broad and positive denial, “that the Fedor.jiists nor any other party have ever lavished, cither directly or indirectly, a brass farthing of the people\^ money on the Raleigh and Gaston Rail lioad.” What Gen. Patterson means by the asser tion, that ‘-not a farthing” has ever been lav ished on this Road, is not for us to say. But one thing is certain; the peoples money, and not a few flirihings” of it, either, has been lavished on this Raleigh and Gaston Road, and that by tlie Fc-dcral Whigs of the last Legislature, too. of that act, will be altogether nugatory; conse quently, your Honorable Body will necessarily iiave lo provitlc tlic PuVilic 'I'rcasurcr witli the necessary means to meet the accruing interest as it falls due, by the provisions of the 5th seciioH of said act, or a violation of the pledge of the credit and faith of the State must ensue—a violation that no Department of this Government will permit, if it can be avoided. Here was a plain order to the Treasurer, to report the navies of those who had borrowed the people’s money, the amount of each loan, when due, aii,l what security had been taken for repayment. And what does the Treasurer do? Why, after sevenil days delay, he sends an answer (it was published in o'.ir paper of the 5ih ultimo,) that tho boncb are This corporation is yet in its infancy, and strug- possesion, and that he know’s nothing more Tor cxi^stcncc. U'hc lust Lt^^islAturc cxteiidcu | * i • -i* * a fostering hand to it, and backed its credit by that about them than any olher indivi . s the ■ “ ...... ‘ 'duty of the two Boads, of both of which the Goftr- nor is President, Ex-officio,\o take these Bonds ai;J deposite them with the Treasurer for safe keeping; therefore, if they had not been placed in the Treasu rer’s hands, the Governor had neglected hli duty, and the Treasurer knew where to find the bonds . —and if he and the Governor (their offices being within twenty-five feet of each other) had have beeu desirous of furnishing the Legislature with the in formation called for, w’as it not easily dont’? lh‘; matter then rested thus: The Treasurer either liai the bonds and refused to give the information required by the Legislature; or the Goternorhdd them,-wJ refused, to comply with liis duty t>y handing to tli3 Treisurer to enable him lo answer the can made for information. Either conclusion indioates plainly that there was something “ roc-en in Den mark.” Convinced that the people woaId not sub niit to such a bold attempt lo keep from them light on a most important subject, the w'hig leaders in the Legislature, after a few^ nights of caucusing, put tor- ward, through Mr. Burringer, the following 33 an amendment to the Ivesolution of i\lr. Barnc^- And that a Committee offn’C he appointed to in quire into the loans made by the Board oflniermu Improment and Literary Fund ; that they examine into the solvency of the borrowers, and report to this House.'’ Mirk the adroitness of this movement; Tiie Governor &nd Treasurer had refused to give up tho names of the borrowers from the Literary and In ternal Improvement Hoards, and this Resolution ol Mr. Birringer seems lo be intended as a remedy: hat does it command the Committee to do? of the State, whereby the State is deeply involved on its account. “The success of this enterprize cannot be well ascertained until it liats more time for its develop ment, and should it now he ab«mdoiied, and its ope rations cease, the event will be one greatly to be de plored, as it will be one not anticipated by the last Legislature, and will involve llie Siaie in deep pe cuniary embarraasmont, and w^ill require some ac tion on the part of your Honorable body to protect the interests of tfie Slate*” What does Gen. Patterson say to this message? He certainly will not attempt to gainsay the asser tions of Gov. Morehead, who tells the Legislature that this Company is about to stop operations and leave the State ia the lurch;—that if it does stop, it will “ involve the State in deep pecuniary embar rassment^' and that some provision must be made to raise money to avoid it, ora violation of the pledge 9f the credit and faith of the State must ensue.” Spea king of this Company, the Governor says ; “ The last Legislature extended a fostering hand to it, and backed its credit by that of the State, w'liKREBV, the State is deeply invoi.ved on its Accoi'NT.” Cien. Patterson denies that the people’s money has ever been lavished on this Road—Gov. Moreiiead says it has, and the records say .«o too.— Here we have done with Gen. P. But in tho face of this notorious Bankruptcy of this Road, what do the whig majority in our Le gislature? Do they take the shoriest and most prompt wav to secure t!ie State against loss for its liabilities, and be careful to incur no farther embar rassments for the Company? Oh, no! Mr, Bar ringer brought in a bill with the de;ceptive title—A Bill to secure the State against any and every lia- We ask attention to tho proofs upon which we make this assertion, as it is a heavy charge against oi!r political opponents, and if proven, we think, is sufficient to banish every man of them from the con- fid'’nce of the people and their seats in the liegisla ture. On the assembling of the last Legislature, this Com pany. already heavily indebted to the State for loan- cd money, (8300,000, we believe.) presented a peti tion to each House, leaving relief from the State Accordingly, Mr. Barringer in the House, on the 10th December, 1810, reported a Bill grantingthe re lief nrayed for—to wit! that the State should becomc security for the Company for three lumdred thou sand dollars they wT.re lo borrow. Before, how'ev- or. the wotild fnke any action in the matter —but w.— ..... vv. o , . Simply to examine as to the solvency of the Bonus bility incurred for the Raleigh and Gaston Rail | 7iames, so that the people could Road Company, and /or the relief of tlie same ” | The Committee of 'The real substance of the Bill was, to authorize the | appointed—Mr. Barnes Chairman^ 'vba Company to borrow three hundred thousand dollars, | reported as follows ; the State to be security for its repayment. Recollect, | individual.*; are secured by person* Gov. Morehead in his special message, said the Stale ; al securities. Your Committee are ^ wasalrcsdy “involved it, heavy penn.iaryembarrass- j P,Mk ments” for the Company, and the Committee of in- j jifivp no reason to doubt their solvency. As vesligalion had reported that the reven,j^e would not pay the expenses of the Road, and that the mortgage several debtors, and the amount due from caA to the State for former debts was null and of no your Committee not consider it force :-yet this Bill of Mr. narrU.er proposes. that if the Company will make «> sound mortgage of tiie subject.” No doubt when this Report was read, the ^Vhigs in the Legisl.ilure chuckled at the adroitnt^s manoeuver by which they had eluded the investiga lion first calLd for by Mr. Tlan.. He rep^s that the Committee knew nothing of tbe p*-'r..ot! whe owe most of the money ; but from the rc presentations of public officers, (the Governor Treasurer, we suppose,) they-had mo right to ou their solvcncv,” and that they had reporUa names, bccause by the first Resolution, the Trea^ rer was instructed to do that himself. Here reader can see the object of Mr. Barringer^ s amen * ,nent-it was to get the Governor and 'he Tr® rer out of an ugly scrape, and throw the bhroe this Democratic Committee bj they not report the names ? ^ j The true secret of this \vhole transaction »Sj j the money, or most of it, was loaned to the po friends of the Governor and promment the Legislature, and rumor says, some ° ‘ very well secured either ;-~and ^twas determ upon in caucus thal the facts called for y Resolution should not come out. Th«s, in o , ion, explains why the T reasurer i ^ bonds, and why the whole investigation 31aine.—Gov. Faibfeld, by convened the Legislature of Maine, to s session on the 18th intant, Northcasl^J negotiation with Great Britain on the North ^ Boundary anestinn . ^" .L' I ompany on their road, (which they, as honest mim, should lave voluntarily done, when it w'as found the first mortgage w'as defective,) the State should go their security for three hundred thousand dollais more, ■, and thus double her pecuniary embarrassments” for this profitless w’ork, w'ithout ony additional se curity ! Was ever such folly witnessed on the part of a grave legislative as.sembly 1 But this Bill was not brought in until near the close of the Session. fVnd on the last day the Legislature sat, when near one-third of the members had gone home, expecting no further action would be attempted in the matter, this Bill was again sprung upon that body. The officers anJ stockholders in the Road had been be* seiging tho members in the House, in the lobbies, and at their rooms;—every possible influence w’as brought to bear upon them, and w'ith this thin House, at the heel of the session, this Bill to secure the State'' was rushed through the Legislature by the Whig majority! The State was “secured,” by doubling her pecuniary liability for the Compa ny, and the Company was relieved'' by getting three hundred thousand dollars on the faith of the State—and what was the indemnity to the State? The Company agreed to renew' an old mortgage that was found to be defective as first drawn! What better was this than an outright robbery of the people’s treasure, to be lavished on a bankrupt Rail-Road Company ? And yet wo have no doubt the principal ^agents in this game of fleecing tl^e State fi>r the beirefit of corporations will again be

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view