•--doubiless havinjr recnvpci, ho‘.v %’cc^\he Soit^mn fiuiclioti of a viodcni u'/'J^ caucus. I >*is roj ' J. iJwCS not propose u» iht' ftntJ? • f lii- li->nrd> • i L> terRlui^j fid'l !rUi’rti;il ImjHov-in» ni; nor U» b lu K.v'rc. jt' ihf tnx*'S ' itti' r i} inoJ s i.f lelic?, u IS tiiir to were cousidireJ luu oiiiutjs, Bui !i does point oui a mode cl telu f. oiif Ihi.i is ns old as ihe Pyramida of Egypt, the h uU of ihe indol'Oi man ihe woild ov»*r — il is. M*. S'neaKar, to '.he monoy wnli which lo pay our (U'bts! I’iit' Senator's project propoSt s to pul this Geneial Assi-mbly in ihn huiniliutuig aituude, o! a ht’ggar—lo send this sovert'igtj State lo the GerjtT.tl iicvor'iinent. to bow al the (oolsiooi ihtMt’of, arui hutjibiy petiuon Coiigrcss for a Siiiall portion oi Treasury pap wiili wt'ich lo risusoitatf thf t xmju> ted t'uergit's of our Tieasury. Mr Spfakt-r, 1 hoi i thi'sovereignly and indepi tidcnce of my nalivo Siai* abovQ all price. No po\vt*r on cajth cun t-xtoii J'ro:r. me ihe sanction of a lut as’jrt.- which 1 in*!u v. to be fraught with such fearful const qui nces. .-’'.re sve, by the pi?5;i£e of ih«s pu'.nnbio and m> rdnuon?, virtualiy to adaiii that North Oaiolina K' unable to meet her engigemtnls ? that ujaladnnnis- tratioii has nol only made bankrupt tho Tuasury, but the peoplo loo, and, ihi tifoit-, must call upon the Federal Gov rntueni for aid ? la this the goal lo which modern lohig principlts leaU? Is th’S the policy which is to characterize ihe condu* l ol th» illusiiious Old North? Put the (juestion dmcll) to the people—shall we, n)otidicanl liUf, supplica’* (Jongress lo ai?uuic car di bts'? and what would bi • he respon-e ? Oa‘? uidignaru nol would Lap Irom ‘vhe tongues ot fifty lhoi;si)n 1 froi^;ntn. But il IS s ii 1 thi^ iii.i iij;iaiint:nl bolongs to the | ,,:iaiiattd) ot Wlug nuitur*' and s>uppi>ii Stales. L ‘I us Uri fly corj.'i W'r iho. hiiiiory of Ihi dep)sile act 'i’tus was passed duii>ig llie adminis tration of l^ri5iJni J-iclison. and il is well kno^vii to the Senate and to llu- cur.ntry ihal tlie paramoutit )' j cl of thai law, ^o tar at Kast as a dt posite wuh the Slales was co!'.-» i lUd, was to i xpend or gel riJ :if a large an 1 iii'‘oiivtnicnt surplus which had ac cumulated in the Nivtional 'l'rcaury. It was ad STATES. Our prnple iire Ihe m- i" " ‘"'‘J' iitid we t’iin scarcely “^5' chisa w lo easily duptd as nev\si'ap‘'*' gtnera iy. le nnss u) a {jreal ni«asure controls public opinion, and any and fveritiuii: wliich creeps into a news paper 13 swallow, d by sorno one, without refertirc»j to ihi* subjfcr mailer which is discuss-d. io all iln-,-! a[)pari*nt inconsistencies, we have bul liitle ob- jrction, t» cau5f we hiiow lltnt our iiation is cnmpov td of a pr.;ulaiion who act from impulsive causes, i-j... -v/i iillniv ihe circulation of noto:/*'JS cannot allow the circulation of laui misrt^ prt'S ritafions to pass withouwcal' principai a.-id inleiesi on ihc nvo if nci re-j Krom the South Caiolmisn. * ^ mud btfor. the tinus liinit.'d. u.'.l th j NEWSPAPERS. IN THE i’ltwsu'y wUii the Mjm of 62G0G7 8Ui 4S ’ Mttice Jl app‘ats, ihal i'.lllicugli ih' ie is now a surj lus btV’“d ihe enrit rit dtiiiaiids ■ I 67 (JuO OUU iind up\\a.d>’, y-t ilir Gov-in:n« lit ou’fS a large d^'fit, the jiinci^;Hi if "ihi« h amoun!:' to inoif than {ijl9 000,OJU, and that this sin plus run be o>--d, und it ihf powt r? that be. acl wis( ly, wtii Le ustd for llu paymeiil ol this Na'iuna! d»-bi Piudence. au.l lh bti^hi exiinipie of tho5»* 'vvho have gun*- b fvire us. dictate .^uch a coUiS^ as tin li(st and most naii:ral appliratiiin of ihts fund. 'I'nt* Presidf'tit and StNvetaiy advise' it; aiid it i? hut a t w days sine, tl;' M -u^. .-t K' jx ♦ s ma'ivt- by a vole ot 105 yias !u Gd '-MVS, l«nd i;nf)n ihe table the joint ieSt>luuon lui tii' pa\i:-* ot i»f I'l^' fuui’.h instal- on ni, i:>!v*.;'Juc» (.1 h\ M D ii • I Iv - tui kv, thus 'i-ioilying a laiahibi** (W-n i ii; .n;a;i ii to n.sr tin pub' lie lunds liir iht.- lei^’i’.rj .ii c j*'C5 ni '!)• yo\f n* t.mi. But sucn a U^pu.-rv.on ul the irmnr ys ot iln pt h ru! Govt*run» nt, dots nul at;coid w:ih the views ol the party in power in Noith Carolina. A national dt bi presents no cause of alarm to a modern lohig. It i.s one of the tundain*‘ntal ariicU s ; m Ills political creed And 1 trusl lhav 1 stiall not bi* considered harsh or uncharitable, in imputing to the frn nds of distribution here, a sittbd pm pose to press the passay[e of these resolution**, with a hopt ot thus obtainmg the means to meet the liabiliin s ot the Stale, and thereby relieve this Legislatuie from the weighty respor*sibiliiy of taxing the ptople to pay the Corporation debts ot desperately insolvt nt Kail Koads, the favorite banilmgs, (as I have dtm- V/c i::st 3(! lo to be mia* d by all ihat thu accumulation was a grial and ri’ irming evil. T’ue lunds bad bet ii d posiitd jfi the batiUS ('f the sereial Siati?. was u:td a» a bank canitai, and s»rved to swtll the di‘*id»nds ol Stockholders; :jti;nulated the mad spi;i^ o over- banking, over-tiiid.ng, and oi wiU and exctssivc 6pt'Cul.:lion, which liiet; ragtil ov 5 the land. Con ^rrss was r.ol insensible to Wi ;* iidency to t xciie and encourage extravMgarii apj^Topi lauuu^, unJ lavjsn ♦ xperiditure of iho ptibllo mi>nev Tins sui[ilus was likewise iiiS Irui fiil thime of Whig dtnnn-.-ia lion i:i cc:/it.x!:-n v.iih Kxicutivf paironage. It ^v■lS an e'/ii th:U demanJtd a cuie. It pressed wilt) dis:\sirv*vi3 wti^hl open tho great interests of the couMity. T'heavo'ved object ot all, was lo remove it —make soine perrnaiitnt disposiMon ot it, until t.ht- ^'.\igi’nces of t.he n ilinrt dtfiuindt d its use. 1 hat ob j'-Ci h.is been (Lily and ci.iih Iv acj.cnplished. i h»- d'.'posi’.c of tht'th*rte liist insi.iimints was made, and the remaining fou''.!) pccipon d, for the obvious r»a son, ihat the thr^*e fiiti had e.xhausit d the Treasury. When the s.irplu3 ceased, the reason of the law ceaspd. And Congrt^^ wns r'.duced to the n*cs?: ly of discontinuing Hie ilcj'csite law, or et boirow ing iho moncv to fiilLil :.s promises, it svist ly j chose tl'ic fi.sl ot these-Ihal of lepealing or postpon j inil tho liirther oi.eraiiota cf the !av/. It was no If, liowever, thi St-naior coulil succeed in gtl’mg Ihe §477 919 30 cents. North Carolina’s tlisiiihu- live shaie of the tourth inslalnunt, fof which iht re IS not the rtmoiesi piobability.) hai would it pto- fii him and his con'titut nts, or the State al largt 1 Has (he West be* n ben* tint d bv ih tlnei liiil in stalments? Wh re IS the 433 757 39 cents al leady receivtd on di’pnsite, lor ihe jiavm* ni '.'l which, when called tor by 'he G»ntial (Tovernnunl the laith and credit ot N Carolina is solemnly pledgtd? It has been thus disposed of; For ledemption of S'atf stock Subscri()tion to Slock m B.mk of Cape Fear .... Literary Fond. Jiam.ng 3^vam[» L Hid?) Internal Impi()V*-ment fund, (mvcsi- mt nt m NV ilfnin!2ton Ruad) Public Fuii'l. (toi building Capilo! 'Jtc) 81 433 757 39 Mote than one n>iilion of this sum, m the event iliii' tin Fedeial Cioveinmt nt d* mands its payment. | j.'jj s\ill hav- to be iaite'^1 '!iom the puckets ol :h* peo* {dt* 1 am ior receiving no moie, 1 disdain beo- iiiiig more. As ihe reprtsenlaiive ot a pioudand independt ni c.msiKut ncy, i dviie nol convi it ni)s*li 1 incur tlieir scnin ano Bo> w anu li t liitg iht aluntion of our riadrra lo lliem^ w*«k gav*- >ur viev^s upon ‘•Ameiicun Nl.v^papers \%iiti b5nti,'b principlrS," atid we now p/opos ove.haul a c* riain journal, pm p'>iti>»g t p.urelv a comnieicial paper, published Liveipoo , m oid« I to convey the lalesi commercml news lo us pations- in the United Stales—a papist which is sup ported exclusively by the subscriptions obtained in this country, and which has outraged its claims ev*-n to commercial confidence, by Its recent foul, lying, and disgraceful attacks upon the President and the questions now al i::;'u* between ait. .lid ih. Uniud Sfaed JJoes \V illmer & Smith 3 'I'jifij-s*, im^igm*' that it can convert its Democratic M* rchant rt aders into secret allies of Great Britain? L)ots It ever dr^aiti that what i3 medicine for sick Wbiggery m America, will also become an emol- III nt salve for LXniocralic consciencts? Iht low scnbbler ol that paj)er, sealed upon his goosequil th;on» al Liv* rpool, must be m a happy slate of ]dtasmg and selt appreciating di lusion, when he faiuies thal he is the exponant ol British policies and piinci[iles to Amn ioii| and when he dashes his sillv vituperations into ihe taces of his commercial leaders m Am* iica, we can assur*- him thal he at tacks the wrong wing of Republicanism. Did he think that the following paragraph taken fiom his paper of the 17th ull., woiild make Republican Mel chants tr mble ; “The mooted point—the Oregon—is not general ly believed to be worth fighting for. It is not a point whuli appeala lo national pride, or prejudice, or |)ower. Every one leels that this liitle islaiul has ter- litorx ^viiidiowii Iis svvay m every j art ot the habitable globe, that plume theniBelves on their identifications with the 20'J 000 00 i name, without meaturing lances with a kin- ired people cibnut a lew thousand milt^s ot a barren and protitless watJl. No. The Bentimeat which has laken lieep r- ol in the; public mind ot this country whirh pervailet^ all clasfes, and sccts, anil shades ol opinion, ami* unites them as one man—refers nol to the value of the territory in question, but to whai they conce:vt^ to be the arrogant, overbeaiing, hul- ance? She will have to feed and clothe her starv- m, paup* rs before she can rely on ^n.th^> asi.t her m what would be a fierce, blaodv, and ,uot''.act. d war. We wish her to come stroiyg. when Lie comes to fight, loi the United ^ J shoijld she thrusl himself into a wai wit ~ h* r a whipping which will sai.sfy her ry, and which can easily b- dons Read the following extract : » W^iih any country but America, war v/ith all its newly acquired l.orrors and iraiiroveu “'"'‘■'"'"fu de.trLtton. would be fearl'ul, yet =P’edv- or.ch a line of coast on the Ailantn, and ■ • waste in di.pule on .he Pacific std.’, .1 e nature of tl.tntrs be protracted Vossess.on ,1 » ‘ Oregon by an armed torce would, ot course, be th fi.-fand the destruction of the Atlantic citn e on the s^eahoard ihe second object of BritaBh Bui we pause, and eicken at tne h-:ire idea ot evi.s o inn>"llin-,und yet so apparently immediate, resul in2 trom the language ol a tiasty and li.tempera ..t mmm S300 000 00 300 000 00 100,000 00 n!:^ posiuoti in which his capacity for making mischiet api'ears to be capacity ol which he has yet, m the opmoion of the Britishers, given any proot.” To wliich the Picayune replies as follows: “Now we ask, if this Wilhner & Smith’s Earope- an Times is not a nic« paper foi oar merchants to siipp^rf li the articlt* from which \ve have puhlisli- eu the above samples was extensively circulated llirough the United States, and considered a exponent of British opinion and British teeliiiir, the wives and daughters of the Republic v/ould take ofi their garters and trounce their husbands and sweet hearts with them, ift.'iey said peare within their hearing. Surely the conductors of that journal must have a contemptuous opinion of their mercantile leaders on this continent to speak such langmitre to them—an opinion that will be measurably sustained if they do nol grow' sicker at tiis disiiusting sheet than he protesses to be at the contemplation td tin* havoc England is goinir to make ot our citie.s and i?eaboard. °The cities that will be burned during the war, should one be declared, will he luneral pyres thal will consume invading toes—and the couniry that is lo be laid waste will be made fat with Ibreign blood.” INCIDENT. Not long since at a labl*‘ less than a thousand miles from this place, some hop»ful young soap locks were anxious lo shovv to a few ladies prestni tiow perfectly th^ y united th*^ t.uppy and the iraitor. atid io itni':;tu>n of the John Q,:jincy Adams school of patriots, wre elotjmnt ni d* | eating a war with Greal Britain. Tkry would not fight m a q.iarrel about Texas or OMgoii. n!t the^ I It would be brought on by li^co'oco folly, and the locos must man a£;e it. Bisid*s, we w«-r*- not able lo fight G"al Britain, the most powriful, llie most maLMianimous. the brave st, ’.he b St g^'.^^ernm: ti' of ihe woild ! Sh- FRIDAY MORariNG, JULY 4, 1845. FOR CONGRESS, CHARLES FISHER, Of Rowan. 113=* The Rt- Rev. L. Silliman Ives, D. D., L. L. D., Bishop of North Carolina, will preach ia Char lotte, on Thursaay, 17th July next. PUBLIC SPEAKING. We undeiStand M-.. Fisher, the Democratic candidate for Congress in this District, will address the pitoph* of Union county -at Monroe, on Monday of iht'ii ensuing (.%>unty Court, the 7th day of July. He will also address the people of Cabarrus al Con cord. on Tuesda'!/i>( th* ir Court, the 22d July. Ou Sato'd ly th* 2Gih July, he will address the people at Edward B D Sloan's, in ihe upptif pn.ri ol this County, and on Monday.Ahc. 28th, he will speak at Jharlolte, being Monday of our County Court. We presume Col. B irringer wiM accompany ^ir. Fisher at ilusi* appointments. W'e hope he vVil!, for W’e wish the peo-.r- lo hear them logtiber. W^e are requested to say, that a p.ibhciaeet- ing, without distinction of parly, will be held in the new Courthouse al Charlotte, on to-morrow, at 2 o’clock p. m., to render some public mark ofreepect to ihe memory ol General Andklw Jackson. Let tliere he a I’nll meeting—the occasion calls for il in the name of iKitriotiffm. into an aims Setltiei, hst • it I i'lnn. M\ . jie.ik'-r, I liavt yei to barn in whai paii ot th* Ftd* ial C^n'iiiuiion is to be found, tin pow^ i o boifow mnnt y loi disti ihution, oi to tax th* peo ple lo raise mom y f.»r Uiat purpose.*' l’h*-ie is no v\onlJ \\hip us; and ihey would nol regret it. We lying style with which the opposite clain» is advanc-) had governmrnl h*;re, and they had lalher b*- it is with a spirited people as vvilh a Bpirited lii** British 'tu'i' n* ‘'i*v ihaii lo- -i'"t no graluilv bulashierdepo.ile.soexpres3.il such pouer given, no rule laid down by which to Hi tho plain wo'rds of t-o act, sc i:ndersiood by Con- take and dist ibtite money liomihe Public irtasu.y c’rcss and the Siat-s r.'Ctivinij it on deposile. This 'i’here is a r.ile given tor raising i. v. nue- it t-y evidenced ty a report de} of th^ Committ» e on :he taxes, .t must be acc tAu,h to the ratio of Surplus R*‘vt r.u ■ ninie lo Uu- L- gislaiure of 1837 by .Mr G aham, Governor elect. In that r* port ^he Committee say this fund ‘-is a taleril commuted to the L“gis! iiure. for the proper use of which I's members will be justly held accotintable lo their consuiuents and courjiiy; cnlesr- '.p. their hands il shall be mudf» produc.ive of greal and lasting be„e- ti’.s to the State.'' Bu* n-j v. sir, we hear a dif!’. r- enl doctr a deposite, is constnud into a grant vieweil in the liijhl of a eo.ntract. The pavnit ril of the fourth instaiinmi is claim*d on the ground that vest' d riL’ht thereto And jt is pie.?tIllation ; if by dctus, tiny aie lo b* tan, tqual ai\d uniform. Congitsscan only rats*' mont-y lo defiay the e.r penses. or pay ihe d bis ot tne govern meiit, Bul if the puw* r wacs u’ldoubttd ought it to be « xeicist d ? Ought Ccngnss to borrow mon* y, cieaie a naiional debt, to be dischargtd by taxes It vied dii'Cily or mdiuctly upon llie p^’Ople. in or der lo initble th*' Slates lo ngage in woiks ot in rine proLluimed. " Whal was ini* nded lo he I nnp.ov. ni. ni and to eoiablish comimm scnool^? :te. is construed into a grant, and the act 1 !>'-‘'l^abie to escape d.tiction, the veil thal covrfs it IS too Ihm, he thal runs may nad,— it IS the c' 'ct;inc agiiinsi winch the D* mocraiic pnity hive been warring lime immemorial. It is the old banner of federalism and national rep.jblican- lim again unfuiled. The scheme of divid.nu the surplus is to he pressfd. in conn*\un u an a distii ' liUon ol land pii>i-* » tl> i*» i’m ai* a i n !i xt tin con i.nuing ttie prt s* nt atioinmable t.i ft I’m F i« lal ‘a'es tiave a alleged that the General Govemment has ^tVi n a pltdiTe v,-!)ich mu&t te redeeme d, and thal it now has the m»*an3 to do sc Bat. Spea!:er, '-. ioat snys th*' F^u-sid. nt on thal tul.jc-ct? Docs his s'atem-nt wanant the pro ceedings, or hold out any in'lu^ement to the passage j -If'Hsury must be plundeied m ordei to pioduce a d«-ficit, which is to be supplied by uti ontiOUs taiiflT upon all the prime necessaries of life. The money wlun distii6ut»d yoes to the Slates in Iheir corporate capacity, it r»« v« r was designed lo reach the people’s pock* «,s But the ta.x vxhich is Id supply us j)lace. Will fall With uner ring certainty upon the tarmer, mech.mic, and labming man We of the South ask thal the present tarifT may be reduced to the wants of the government econom ical'y admmi?'.eied j and as often as vve mak** that d* inand we aie met with the declaiation itiat it i' nt c s.*ary to pay the national d« b*. Now ihat a 'inall sniplus lias accumuland under Us operations, in u ad ol applying il lo tin * ximciHjn ot this dt bt. w» are u:yed to p* ii i»tn Con- rt-s^i tor it, to pay ihi d' bts «)t the K''ii Iioa-!s Mr Sp^a!; r, li e }U)licy of conn* cling the Stale with woiks ot ml* :nal improvrimnt, is one which I can never favor. I b* lieve it to be wiong in pnn rf this premihio and rosolutions? No sir, no! What th'j prtsidenl does say is this. '* The greatly improved condition of ihe I'reasu rynfijrds a subject for general congralulaiion The par.niysis wlrch had fiiller; on trade and comm* rce, and which subjected the Governm* nt to the neces- •'ity of resorting to l-,)ans, and ihe issue of Treasury r.itis, to a large amount, has passed away; and, after the payment ol ripwards of 87 000.000 on ac- co’j.u ol the i:itert:t and in red mptionof more than 85,000 00f> of the public debt, which tails due on tlie Ht oi January next, and selling apail up'vard^ of J$2,000.000 for the payment of oulstandinji T'ea ;!:ry notes, and roteting an in.=talm*nt of t.h*-d b:." i.f the corporate cities of the Di^tnct ol Columbia — an estimated surplurfof upwaius of ^7 000 000 ov i and above the e;: i'inu JTipvopriaiion^, w-iii nrrniif* ill llie Treasury ihe ciu t. ni th* fiscal yiar.” T'he i’lesi loiii does infoim u^ that th* re will b- a surplus at the end of the present fi-cal yearofUiple, and dangerous in practic-. But when the more than 87 000 000 of dollars, but at the same ! nnbf.ly uoKni t;as b»>en con'ummaied, (thouoh il be time, m anotbor part of his m; .-? !Cp lakes ijreat care j Whig hands.) I am the last man in the commu- to recommend Ihe es[a:.!i.s.:inei)i of a sinkin:: fund I nity who wouid tje willing lo shun the responsibili for the redemption of the National d* bt. Bul it is \ ty of providing for the cost, by casting the buiden nol lo the ?vlessag».^ of the Prisi.ient that we shou.d | ptiymrnl upon ih»- Federal Governmtnt. To do look for a full extent of the N itiorja! financ--? ; we so, would be to make the F* deial Governmr-nl It.e sriould look rather to the Report of the Secretary of gatherer, and the Stale Governments ihe tax ll'ie Tieasury, whev;^ il will be se* a tha’. the balance j consumers—thus removing one of the greatest and of the National Jeht, af;er dedoctinir the payrrjents | «i‘ost salutary checks upon prodigal expenditure, alluded to by the Pr*sident in the extiact just read. ’ at the sanve tune aiming a vital blow at thesov will be upwardaot $19 000 000. besides the inter ; neignty and indt pendene* of the States. Ours is est. Touching this dt bt the Secretary makts the | governnunt. wneiijer Siate oi National, in which, following recomtiienJations; | th*- people rule. It is snpported by the people m “ihe Sicretary of the Tr*'asury reeom'nen'Js i del* tided by tnem in uar. Ihe Gov ’.he csiablushmrnl vi a sitiking fund to antic*pa!e the i h.dor^gs to ihe pruple, and nol the people payments cf the ceitif}cat* s of stuck issued uudir th. i governnunt. [low stians^e then that under aiiilioritv of ihe actsot ]S12 and 181C. i such a government, there should be found a laige “The pr.s*nt time is propitious' for lay mg the advocating the imposition of heavy buidens foundation for an anticijiated redemption of the°pub | people, in oidei to laise money lor disiri- iic debt, and for all* viatmij the bfirden of taxation ■ butson to the same people, dnnmished too by the cost •* Prudence, juiiice. an rduf, ro:iir*' that iho an- > collection and dl^tribullon. I submit lo th*> Sen nua) charges upon itje Triasury for* uit* rest upon j w.*ether such a policy be wige or jusi, whether the public debt be Itssrned and finally exlingul^hed consistent v. iih the theory of (>ut Government, with all convenient and prcpei despatch, and thal jto the character and g* nius of our people, the bardcris of taxation bt: Itbsened. ^ | Jn the course which I have maiked out for rny- *’ The public df-Lt to be providiil for nftt r the l-i | jj jf on thf se resolutions, 1 may stand alone, but it i tlay cf Junuary. li*’' year 1845, will consist (f’ tbe debts afsunifd by llj United Stai«s for th*- sev- do, I have peace within, and the proud consolation . iif knowing that I stand now where the able and , eral cttus in the IX-mctol Columt.ia, the two loans j laithful repiesentaiive (Dr. Hall) of noble old Edge- fe leetnable in end lS6o, rtf ptcliv* ly. and | stood in 183G Upon the question of there' buch paits ot the 1 leasury notts. old dt bt, and Mis ception ot Pnilip’s gold, he alone ol the wh(»Ie re sissippi stock, .as bhall not have been then presented publicfln phalanx stood firm, resistid the gilded bait, p»3 fiient "iln the annual inlevesl accruing. louyht the fight and kept the good old Republican j lie in'tMtst upon the iwo loan? amounts to th* faith sum ol §So0.8M 77 cents, tiniil the 1st day r>f July, 1853, and alter that to th»? annua! sum ol $oOO 633 Democracy in T^j'as.—Al a recent political mcet- 21. 'I'h*’ sum of inteit t from and hfier the l>l t.i ‘“i? at Galveston, r.onvened tor the purpose of organ- July, 1815. to Iho 1st of July, IS53 on those ls\- democratic party: one of the volunteer speak- loan. V.,II amount 1„ the sum ol «(G 8U13,718 IG. am "a I’.';"''"/'?"''' '* ^ , . . , To/'r, . r Uemocrat i\ho had nol paid all his debits m the iVaio rtdeemable in 1HG3. lo the sun, i f y^j^ed Stales and who owed a eent m Texas. together $ll,uUl;773 25. ihj -• Jjynchbur^ liepiU^UcQTi, animal—it’ you drive, they resist, il you lead they may concede. Mr. Polk mutl be a crude judge ot human nature, or tic would nol have pul tbilh, in hi.s inaugural address about the Oregon, sentiments uiiifli were notmer«;ly uncalled tor and out of place, bu- wlueii sneered at, and may be said lo have tiurl- ed it* tiance at the British claim. W’e say nothing now as to the justice of the claim : all iliat we aim at 1.^ to account for the extraordinary unanimity uhicli exists on this question—an unanimity so sur- pri?inii. thai it’we do go to war aboui it every hand U ill t.e held up, every purse will be opened, every arm will he strtlcfiid to bustain it, and bring it to a speedy and triumpluini issue.” A tiiautiful Glalt of h-eling indt>ed, to be indulged in by a ' spiriled people,” whose pluck is compared to tliat ot an animal.^ W^e have always btard of John Bull's surly obstinacy, but we never expect* d It) ;,et th- cti iiet> ot Jatkusslncal stupidity, brought tioini lo th* B itish nation by u Bnnfch Editor, and tht United Slat* 3 will asst rl but one pnvihge whin * ver they "open their purses and stretch out their arms to sustain"' lhe:r flimsy tnle to Oregon, iinii iliai light will be, lo drive itiem from our shores to the quick march of disastious dtfeat. Her fleets might cripple our commerce, and the commercial interests of the United Stairs would sutler during ihe continuance cf a war with England, but we never would expent nee the n.iseiies which usually atttnds the attack of an invading foe in other coun tries. We have resouices of every kind which would qu;ck'y supply every modoiate w.int ol hu mar.ity in the United Siatts, and Enghind woulU find our ships as stiong and our fighting m* n tar more numerous than she did in pasl days. wh*n she miscalculated our weakness. •* Tin* Tim. s ” pro posed the following inieirogatoiy to Ameitca.i Whigs: “Hasty men are generally obstinate men. 7Ve President has committed himself—will the Republic sustain him?^^ T'.) which the Picayu.ne nobly says: “ What do you answer? Aye, is the reponse ol every proud-hearted man. Aye, and body and soul upon the issue. The conductors of this journal are Whigs, every one ot them, and we claim some right to answer in this behalf. The ballot boxes contain the substance of American diti'erences in political sentiment—the cartridge boxes of W’hig and demo crat are tilled from the same powder mills and lead mines, and are used in the same field and on the same side.” How can the Amei ican subscribers lo this pirati cal sheet tolerate the abuse htaptd up in a nonst ni- cal manner upon the head ol Ihe Pitsideni, vi'hich close.® vviih the following ; “ These advantages have been casi to the winds; and notliirig appears to remain but mutual concesson, or the settlement oi the question by the stronge&t arm. Here, again, the evil genius of the President conlronis him. The temple of Janus is closed—we are at peace with the world. Our Indian empire is consoluiated—our colonies in China are progressing. The British Exchequer is full to repletion—its navy is m admirable trim. Our steamers sweep every se.a; our means ot transporting troops, whether trom Europe or from Asia, were never more complete or more perfect. There nevtr was a period in the his tory of this country when it was better prepared for war—never tlid a question exist, not on its abstract merits, bul because of its concomitant sw'agger, on which less diversity ol' ojtinion prevails, titiil with lieaitand soul would the dernier resort'ba entered upon and pursued.” ' Mutual concession^' indeed. W^e have no con cessions to make, we have none lo ask, save an aban doomenl by ihe Biitish government of its shadow of title lo that portion of O'egon which belongs lo us. Our people have taken a stand on this question which they miend to maintain. Nol because th Prtsidenl has- made a proper assertion of our right in an address which may not properly be regardtd as an official act, but be.;duse when that mlimation of right was ullercd and the Lion tongue ol Eng land assailed us, the whole nation from one end to the other answered ibai call and determined to sup port right and justice. A charge is made againsi the President that he did not fully comprehend the importance of the grounds which he took, but vve do claim for him, a perfect acquait.lance wtth ihe extent of its importance, and know the feelings which prompted him to assume a position which has don* more to irntaitf the Tory feeling which still lingers m America than any other action vvhich he could have taken. Bot to return lo the paragraph in question. Why do«s England levy an income tax m time of peace if her treas'jry ii :enlfc»9 cveffiowina aniabund* THE RAIL ROAD DEBTS.—COL. BAPvPvIX- GER. We hope iho people generally of this Disir;:*. will peruse caiefully ihe sprtch made by Mr. Jef- f Fiankim county, in our bsl legislaitiie. cofov-o rtile- We had r;o m* n. said these things, to j oppose to ihe invincible and d1scipim*d troops of ^'^Evs. l^iii:lan 1. She would kind her forces and over run j li wil! there bt' se* n to whjt an extent iLe bta‘e is ::i the country without opposition A daushicr of revtrlniionary sirtssal and list* ned lo this puppyism till her pa:i*nce was txhausled. “ No,” said she, “ Great Biitain nor tht> woiid com- bintd can overrun this couniry II iht re are no we/i lo met t h* r and fi«ht ?or then rountiy. *h» American ivomen will lak** arms, and they will b» sutTicient to protect the soil Wa>hmgton and Jack son made fatal to Biiti?h inva.'ion!.’ d* b> on account ot the Rail R(>ads al Ra'.eigh aiiJ Wilinmgion what ihe State has pa.d for these co:- porationSj and what she will yti have lo pay. \\lii: do the pM.ple think of ihtse slariling Liets? 'i h-. S ale m dt bt ov* i a milUcn of dfillars, wiih a b.;iik- lupl iieasury, and boi lowing money to pay tue d. bts of lht.se baiikiuj t Rail Road compaiiiisl — T!)t^e facts we itiink must make the people bejjiii The soap looks biok* d as though they Siidl nly , _ , remt-mbered thal their rnoihers mii;hi be an.\ious | *'* wake up. If not, they will be a]:l to v.U;.e u, abcul iheir biingont—Vfcks. Senlinei. 1 v\ hen they come lo jiay the t:\xes litCtiSary '.a g , Q.ji of (It bt. And, we would .;^k. w hal bontfit hnve ih«' pi* of iti.s conjirt siional Disliici received :iom Rail Roads? Have tl.ey btiufiiud lh;S j avi of Slate a dollar ? Our mi.'irey has btcri talcin anJ given to th«^ stOv kholders ol these Roads, and v.v will ha'/e to be taxi d to pay llit se dtbl.^, while they receive all the b» n* fit, and we none. Ii ibis jaiLC'? -- or. rather, is il not downiighl injustice—robbery^ And we imagine the p* op le ol tins Oisti ict, ol p.irty, would be unwilling to vole for any niriri-.' a r^ al-oiii Raleigh and Pi lersburg and tt-n WiiuM they not? Wc ihink wc hear evcf. unp t'jii liC'd man answer yrs! Then huw \(;te l.u DaMKL M CaiiRIXCER, the v w ho did ihe woik. more oi ii ihan any other lu St:ite? Th** history of thrse Rail Road dt bis wore i fully Set foith in an ailicle w’ritltn by the this paper in 1841. whin Col. Barnnger uai candidate against ?»]r. Caldwell, thal we shall make an t xtract from it, remarking that the From the Idinois Slate Register. IN T E R ES T1M G L\C1D EN T. Everything that relates to Antlrew Jackson, the hero of New Orleans, and the frienU of his ctruntry'. is of deep interest to the American people. And al- ihough the iiu'ident we art* about to relate is. in it- sell, ot no great interest, it becomes so lo us in con- seqvienre of’ tliose connected with ii. At the Nashville convention of Aii-rust last, we visited tlic Herinitage (only twelve miles tlistant) in company with Judire Douglass of this Siaie, and .‘=ome other of our fellow-citizens. The Ilermiiairc was crow’ded with people fronv almost every State, { w’ho hail been inviied thither by the venerable pa- j _ iriot on the day succeeiiintr the convention. j any uttice, who was insti unit nlal ia fallen mg iht; Governor Clay, of Alab.ima, was near G-neral ,j ,1,^, rich a few >[cM Jackson, who was hinisell sittin> on the sofa m t‘'e i , ^ . t? i : . hall of his residence ; and as each [>erson entereii. Governor Clay introdui'cd him to the liero. and he parsed alonir. When Judge Douglass was thus in troduced, General Jackson raised his still brilliant eyes, and gazed for a moment in the countenance of the judge, still retaining his hand; “Art* you the Mr. D ouiilaf^s, of Illinois, who delivt*red a speech last session on the subject of the line imposed on me tor declannir martal law at New Orleans?” asked General Jackson. “ I have deliveretl a speech in the House of Rep resentatives upon that subjoct,” was the modest re ply ot our Irietid. “Then s^top! ’• said General Jackson. ‘ Sit dow’n here, beside me I 1 desire to reivirn to you my thanks i u «• for that speech. You are the first man that lias ' h* re set lorth w ere not d* nied by Col. Barnn. ever relieved my mind cn a «ubj* ct which has rested or his friends, as ihty could nol in truth be. H-’- upon it for thirty years. My e^nemies have always • l . ’ charged me with violating the constitution of my ■ country, by declaring martial law’ at New’ Orleans; The Act incorporating the Wilmington and F and my friends have ab.vays admitted the violation; leigh Rail Roati, made the State a subscribtir tn>' but have contended that circumstances justified me ’ said company to the amount ot six hundred thovi in that violation. I never could understand how it ' dollars, three-fifths of the whole Stork. B«t ^ was, that the perlormance of a solemn duty to my State was not to pay the subscription oi' three}!•' country—a duty which, if 1 had neglecletl, would until the individual Stockholders had snbscribedfi- have made me a traitor in the si^^ht *>1 God and man, paid in »he whole of the two-fifths. But, Iroin"' could properly be pronounced a violation of the con-' motives the People must jmlge. the Board ol Int^- j stiiution. I lelt convinced, in my own mind, that I Improvements, of which Gov. Dutlley wasPref*^' ' wats not guilty of such a heinous otlence ; hut I could paid in the whole amount of the State’s .sul's’!’’j'; never make oul a legal jnstiticatioii of my course; (six hundred thousand dollars) before tlie iiuli'-- nor has it ever tieen done, sir, until you, on the floor stocklioljers had complied with the law.’, by p3}|' ot Congress, at the late session, • stablished it be- in their last instalment. Consequently, yond the possibility of cavil or th)ubt. I thank you. Road was finishetl, the individual Stockholiifrs ^ sir, tor that speech ; it has relieved my mimJ from ing failed to comply with the law. the cotnp^i'} the only circumstance that rested paintully upon it. itsell in debt npwartls of one hwidi'ed andfjl’j Throughout my whole lite. 1 never perlbrmetl aii and dollars.—they had been sned, judgtnef^j ofiicial act wdiich 1 viewed as a violatitin of the con- ed, anti the Roatl about lo be executed stitution ot my country ; iinil 1 can now gt> dovvn lo Umler these circumstances, the Company app^ the grave in peace, with the pertect consciousness the State for an additioijal loan ol three ' F ihat 1 have not hri>ken, at any period ot my life, ilie tlit»usantl th»llars. rj constitution or lawsot my country.” j Now, we maintain (and we.think every true‘•1 Thus spoke the ohl fiero. Ins countenance briirht- of economy' will ctmcur with us) that the^^-Y encd by emotions which it is impossible Ibr us to atnJ sate policy was, to say to this new ^I'l describe. We turne*! to look ai Douglass. He was The State lias already given you six huiiJf'^j speechless. He ct)uld not reply; but convulsively and dollars; you fiave tailed to comply shaking the aged veteran s hantl, he rose and left part of live contract, and thereby brought joU''-.. the room. Certainly General Jackson had paid him in debt. If, vvilh this jjift o\' three-fifths the highest compliment he could have bestowed on capital trom the State, your project is so J any individual. profitless as to have so sotui become so inextricably involed m tlebt, it would be . J GOOD NEWS. would be tlie height o\'foUij \ot ihe State l*’ A letter received by the steamer, from an Ameri u|on it three hundred thousand dollars can friend in Bremen, dated May 30, gives us the by sinking nine instead of six hundred ' following agreeable intelligence. W'c place high ! dollars. confidence in his opinion—tor he is a man of dis j But, no. no, says. Col. Barringer, and tij6 ,, crininating judgment and fine talents, aud has made i Federal party in the last Legislature Europe an politics his stutly. His mind always takes j has alreaily given the Road six hundred a wide range over the vast field ol observation, and j dollars',— notwithstanding this liberality; * arrives at conclusions, by a close scrutiny of pass- | pany are now in debt and the Road at)OUt o , ing events '.—Enquirer. tliprefore, we will give what ihey ask. ‘‘The Orej^on excitement has passed away. \thousand Tnore. (thus iiazarding the There is nothing whatever to upprehend from War ph»ce ol hundred thousand) and .jjuaifJ luiih Rpj'mJn Tho ir.« . . I otr the Road, and a bond binding the in^J^;| perty of the Stvickholders, to secure the j every where at the prospect of continued peace satis fies me most conclusively, that Greal Britain will never be induced ajg’ain to take up arms against us. Fearful Loss. It is computed that there has been consumed by fire in the United Stages durinff the loss. Now, what does this i amount to? Why, a Road, in n^'1 than a year, the revenue from which “ jofj sufficient to pay expenses and get amount oi ^12,000.- j of three hundred thousand-dollars i of debt, is mortgaged to secure the ' of three hundred thousand.dollars! ^ -m' ing the property of the SlQCkholUers ^

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