North Carolina Newspapers

imp mm iimih mwiiw iiwiiaanimrrrn rTT '" MOtfy lie CHARLOTTE, INT. C.f KTOVJMBER. S3, 1358. H TIIOHAS JVHOLTON, Kmior k riioi'RiitToa. TEKMS: T . ,ri,h.' "ar"! i Whig ill be utTurrii ti tu.ub. r "era at TWO I'Ol.l.AIiS in e;v.aiM-e- ; WO ,i I, AUS AM Fil'TV CENTS if payment lie nvcu f..i tinec month.; and Till! FF. DOLLARS inieind of die year. Noiiip..r Kill be diacun i until u .! uiresrag.a arc iaiu,iaw:tpl at llie j'tl ,n ol the F.dilor. AjKrliaeiueii I. inserted at On Ihillir p' r sou are i iuri or leas, ait' d 'J pe) for ' 6'sl iiir n and2. cents foriach continuance, nurt ad. rtiKinf iif oml SimriiT'a Sal. a charged p-r nt. ti c ''' I "'id deduction il'33 J per cent. i.l .. in i Jt; I'riiin the ri gul.ir prices, for ailvertiacr. by rear. A dvcrliaement.i inacrlcd moiilhiy or .uteri. t per qure fur each time. Sun:. .ontiilv eeiita per square for each time. ! tr in when ending in their aiiveitiaemanta I. ami. It ha been eurveyed into three iracla 0.t iinrk the immlter of ilia, rliciia ileair';d or "-ne tract containing II UOO acre., one ftOO acre i will be unified until foibnl and charged uc. and one 'at SO aeiea, all contig uoua to each other. j ! l-aid Land ia wt II adapted la. lbs raill.vati.. ur rot , -raatinaaic.. ."re .ulhori.c., to acta. .gent., j .. wheat anal ether .....II gram, and well ' situated lur granny puip.a... It i. nearly all wood land aim wdMimht nil, within a convenient $3 ATTRACTION! 11 t.ii at lOJIM of thn M ill t hnrlee I 5th the Nortii-wert, I rrltfft 'ncnitiid.-, i lid in the entitc Otrtcti'.n r lit Charlotte can hr arm ' ..url Hour lied Hun.', (oppoaitc H.e I'reahyleri.nChurcl.) mch h a brrii litud up tu the beat pou.bic man. ei, in which .1. II. STI.V iV CO. I ,ic reui'iert, and are op. ning a l.irge atock of family (;uocj:i;iks,; cji .nl nj io p.rlnf C. ffre, Soj.r. Mi'lmi", ' .it Tc... Camilea, anil evrry other arl.ele u0. :tkit in thin line, and al.o drain, u to pur- ! ii. with CAii or Kich.ngc or tinker e., hi: k i. i i.oi ii, ui i;,o t i . Ac, fur which the l.ijhc.t market price will be irr.rl.o-r attention g.ven I., the till,,.. f . Oide r,.r tieorrnea ..r frouort. J. II STKVLNS k CO. .'.(, Orluier IV. IrV.e. 31 tl" nixis: HKirs:: It !' !I S ! ! ! 1'roiu I lii' IIiiIih Iti'll iiia II) , alt .Manuiirlum ' ft urn c ami run i: 2 lhih. a "... V et.. pr f'wt. 1) ...fill VJ Si " " ' Pie. KAVI.I.SS lifl.TS manufactured toorer tt ii..rt nititt. rOSSf CTI.Sd rVIAf of all .nr.. for wat.-r ' M .lean, priaauie, fi Until ' eel Item t Mutt.. , f4tt tn a. f AI.CO , I tl k I ii of all deaeripii.'k. at St ceo la urjcuna. j J. 5. F. liUO.NK. J .V 3!. 1-51 lSif ; H Tens! Tens A M.N K ASStiHTMI'T OK .( Tt.AS II rx.n. I.iiperi-ii, l.Mi.pi.worr, l.nr!ih lifr-kuat IIL'TCIIISON k GlIilioN'S family ltug Stmt. 1 0 Kcmoval. V r1lli: auh.efiber n.ior.i.a hi. friemi. ..I th ut.lie r.ner.llv, that he haa rei, n the ....I atand ol' Moire A. R.o , ii nrV I.. S .liiaiua' Store, nn T'l aire. I. ' i. prepared lo atUi.u la. ail ..ruer. iu hi. I ha viul a tew article, on band .ueh aa II,; uoldcnCotk, Golden SUr.nin'.er fliil Premium C !K S'UiM ,S 10J a tanely of IWItlaOK STOVIaS. Aim, a good au'iitinrnt of Tin Mini Hollow arc. Ar, hi. h 1 w.ll at 11 ibeap for ( AMI r ton Ir; Prud D. II. BYKRLY. Ji U, r-.-,. Try It! Try It! I I:.M!lol.!J'S ( onfrnl..ieJ t.air .rt ol llt'l III I a .t uie.licme ill ll w 1 1 prupoae to ireat. rid I'.r Ilia claa Try .1. F..r hutchison k gib hon s drug ihi:sk. h vin't t 01 rr. l).'c-Stuils Dye-Stiitrs ! ' a int. v-ry beat ..1 tin f nrlll-lr . a mating in .lulu ..r Ti t' l.-ifaroon, I 1, cluneal, Madder, A e., may be pur. hated low a I HUTCHISON' .t GIBBON'S l)tu StQTt Iririn'$ t'vrnrr, Varnishos, Varnishes ! I.AU(.K atuek now nn hand coiiai.tiiig nf lh mar, Cop.il, Coach Ib.dy, t iirnilnr,, J. ?, 4lc, Which will be ...Id l..r i ASH h.r a.a any other heuae m Cliariotir. fly. llUTOIll.MiN k GI15HON. H'Wemle ami Ittlaxt 'mcgi'. j law i'i ( mkri. Condition Powders ! j 1,1AI!MI;iH and other, iulere.t. d in S TOCk", are ...ured that ll..'.. preparatlona are tin. ur.iPj lt,i,.f iY,j r,,r.lie. 1.1 llnaua, Cattle, and all kind, t.f strk. F..r a.le nt I HUTCHISON k GIHBON'S Wkviltult and Krlntl frig Starr, lawm't t ua.ta. i-iiluiiS ami tir('oii'j oii;', i Y lh. fir.l qualitT.al ! IIL I t II ISDN At GlllliOS'rS lKt'. KTi Hi F. sunn: j S''k7 "' M,rk,l"' ""dEneliah eTer.lIenwn'a ' -yM IIS. ,.i t..r,,Trn Iha. irt bladder. 1 '"dj.ra. K..lJw ,.,r h hy HinOHISON A; GIRRON. Irwn vin a emrner. I'tlh mill t.......... a.. .1 (. 7(7m v . i,llln.x Notice AM. pr due, . pcre.na, whime Note and Account, lire owing to the undersigned n T ru.tsti. ore earnestly request, d In II and aettle, aa u i important Hint Irust i'uinl be (aroiiullcd at ti cnrly a days aa postible, K inriii lit r, inutile cuce Ci.-nuttt Ir girm. W. K. MYFRS, Trustee of Lerov Springe. Jum !f, 11)58. ' itjtC 3,400 ACHES OF LAM) roit s.n.u. M Ol FF.R furaali my Land A in Cnion county, lying 'Yw "' Clear Creek and Crooked aC3Sak Creek, kno u a the Piiiart r..ad, and i. aitu.l. d in the gold rrt-n.n between i ii.li il,. IL.iulv M,., I hua uir. ri ,,l,m,trr thnt part of the Land known aa the l.illie .Mountain. I .Im ,tr.r lor .ale a TK ACT OF I. A N I) lying , v..ra li . ir, t K i' nr. II. r. An... I'r.L lhe J,a,1(i, f U,jt,.r Spru ga and other., cm- tallling :.U acre., haul l.ann llua been r.iliairl. r. ed oue . I'lhe beat Cotton I'lantJliona in Vork li.. irict.and there la no better bind lor com or wheal, ll li. aired, I will dm.ie any of the afureeaid Land In .uit purch.era; ana the purcha.rr can bi.e hi. own time lu pay the money, proviiit-d be mkea it accuru. aVpp y to me in ( hariotte, w. r. DAVIDPDN. Jull, .', lr-;i. 4!tl ft:jKVFIH.M. tHF und. r.igned having entrred into Cepart- 1 ( ; ).,L-.IM- TlMlif I Ull I C I 1 1U1K 11 I Jt 1 1 C I I llllll AND Retail Grocery Business, Heg leave to call I ho a t lent ion i.l' t he ci U7en. of t l arlolla aim auriuunuii.g c unlry lo li.eir i. w M.i.ue-li T rade Street, between Urei'n'a and Frank, enlhi.li'a, at h, i..t A IV.niri'a i. i.l Maii.i, wliere th. y would be plttacd lo aee all ti.eir Iriii.ij. anu acnuai..t jnct.. MOODY i MSi:i;T. f'eonare 3, IP'.K. 41 If HAVI l-krn fei!vn1iie of ihe prrPiiirr ol ihr turn , I .iin rrrivmp, t-r eiii purch um, au iinniritu knu i-rln! ntck oi M ifirin-t , 'ii m Ifalp. I it fir u in nla, i Ac , to wind. I inuit rttitreliully intiic y"Ut ailcniion. AI! of dcr bv in.nl tf ottirr -if . put up ilh ncatuo inii ..r-paUh. Ilf Tl HISON k GILBO.V. p.c. 1 Irwii.'a ( urner. Charlulle Machine Shop W. P. PINCKIMEY k CO. r.nglneem, Hydraulic Press llakers ant! .Ilna liiiif-ri in ifi iK't nl, Tf I AVE eomiiienred b.ialne.a in Chrhtv, in M 1 the siw.vc line, and are pren.irid to mke HKA.M I Ntil.VFSof any L.rm or e..n.irucli..n. llydrauhr t otl..n I'm auo e. t j ol .11 oe.crip. rf Maehmerr. i They a!... h. lo in:'..rni t'ne no f.rmi r inn rail y , that they hate FOUNDRY ir raUoliftlinirrtt, f. II, l, lira. " prrjwrrrf (n furni ni.lne ami al rea.en i.ble pri.ea. t ru er altet t n Will he gti.n lo the por.ng ol The itrp Vachinea. Hu making j ac P'.w . , ullurxi ! era, t i.llon t.n.a. Mill Work, a in. A,;r ! Mc'.rv. 1 : W ke. n r.n.. ,. f. . Itl : tl lei 1 1 ll. ,s, j,lblna rK, ,. storU nd llt.rsi- Mi tie I n a. 1 rOl R T EltMS AI.F. CAM! jj I?'f"h.p on C.llefe Hire, I, a. ij. cent lo Joliaa Ro t... i a S1...1.1 Pl.ning Mill I hatiotlr, Murclt 3'l, Ih.'.tl. 4ll nn: 1.1 1:1: i S V I Ii 0 it A T 0 It ! ompcniiilrd rHtirrly from (.MIS, piiM.eTii.: r. -r fi Ho.Tivi: si. i.ivra mi? 1. .i . p ta'.f.al r.,..r.i ".' O .f.'."V!.''.'V.!, piullyloa: llie 1. 1. ...!. Illllon. alia, ka ... .. 11. e, ,..e. . ,.l. .1. 1 . .I, l.l.ee l..ljnea..r. n.l. what la a.aaal -I U.. . ....a th. o.n.fa'S !"t''."."i5 MKit- SI. la llenitnch,. aaW ' t holea a- a 1. a t.io.w UJ. llrupaf, h e.en.hg .b. "wv'r-Vw. .aeirr,-,-., ,.'. a-. i r .rrrao.l Kiar, a lull Kevei. ..a. 1, fee... '.lilt- w I Ivp.. Ii '.Uli'.'t''"','','.'.' 'f. "' '" 1'" " " All who na, la nee alvtt.j lli.lr iiiiMnliiioaa Wall. It. Ita lav..!. --st(, u aire I.. Ihe month vellh Ihe lnl- I.tiaaoe. ...! .. allovv I... ll. III. i. THB LIVrn INVIOORATOR a s.i'STiiii aunt, -t, lose..-, ix , ...i d.it . !!.. a,,t 1,1, .r. ANrnnn a 1- ho I, sale Aa;,..li V. SCARR CO.. ( ha -l'tttc, .V. C. Dissolution. ! T IHE firm of Young A, Willi. n, a i lliia day diaanlved bv mutual c-waenl. The c count, ol the firm will be .clled by II. B. Williams. W. A. YOUNG, II. B.WILLIAMS. Aar.o..'., Aug. 18, lm !i4lf MANSION HOUSE u y i) i: it n kv a u s i i c k s. FHIIIM Coinmodioua a M lenihcei.t I A M. EST AUI.ISHME.Vl' baa re. Iceeiitly come under Ihe peraonal au. Kti nmiaion of the aiih.cribrr, who rea- iiectlully annnlincea to hi$ fritntlt and Tlie tra. yri.i.iNO Pt-i tc rarrciALLV. that every t ffort will be made on hie part, to pleaae in rerre particular auutrtainii'i' to the dutiea of " mine lioal." W.W. KLM3. Cl-rlalle. Aug. 81, 1818. 24tf JJriiss&Coiiipositiun Callings. AM prepired to iiiaiiufartue all kiiiilaof work M P'ieulr attention ol tho.e that huve null. i,r ' f.icti.rya, or any kind of machinery that nieiia I cunipoeiliwi of ilurbbility 'or null inka, that I have j ""c oe.ii, .no I iia.c ... ""in oi .ne ! would Mund h.lf tqunl to it. I will wnrrant them to run five ycura. T here are aume I "' "7 ",JI" that hve been running fi'teen and iweiuj jenra. 1 couiu lurn uoie man a liuil. dr. d certificlea of ita durability. j . To IVrn.ne muting Mill Ink. and gnHgeona I , will luriii.li tlie .it l..r eigt.t uoiiora. j ry Hum and aave yi.ur.flvf e the trouuic ol atuppmg your mill when ail el.c ia right. JOHN M. MASON. Jn,, 1, 1859. IStf Dissolution, HE firm of BEt KWTTIli 111! ITT A IN wn J ptra.ina ind.hled tn said firm i. come lore. urd immeuVrMy and m the buainea. ol Ihe firm mu.l be n quested lo . e payment, aa In.ed. R. W. BKCKWITII. W. J. BUM TAIN. 14tf June IO, is.',8. Notice. HAVl.S't; boughllheenlire.t.Kk uaau Walclifs, Jewelry, kc, of II. rkwitli A Hrittain, I el... II e nimur the bit. inera .t II.. ir old .land, w h. re I ahall be happy to meet my old fricad. and cu.lomera. It. W. BKCKWITH. June 10. I Htf J. A. IHI.S. TIIO.M .S IlEllHAt rkNKItl). J. A. ESTES k CO., FACTO IIS AM) COMMISSION I'OI! the .e of Cotn.n, Gram. Flour, and all ! kinila i.l Cunlry Produce. j OiIire.Norih Atlantic lVharvei.tTi.rle.tnn.fi. C. j Aecoruing to tne term, ol the Co. partner. hip, we w ill mil .eirttaTi, directly or indirect ly, in any I rooucc .hipped to our house. Hiaratsrla O. Mill., S. S F.rrnr. Flrolhrr. I o.. 1. am, . ii, is ir j 1 u Si. W hilii.u. Ti.oiuaa J. A r. j H. Moiae, I harle.tun, S. C; Col. K. Andereon, E jll..H-. Cnliimlua, S. C; Thom.ia Mcl.ure. Sr., N. j H. Kave., A (J. lhm.ieant. I'be.ler, S. (".; t'ol. F. i Scaift , I'mon.S 1 1 , Col. I. I). W it her,iK,ii, J V. Atery. W. A. I.itta. E,q , Ci,l. S. N Dr. 1 J. H.'Hr.u..n, Vorkvilic.s. t .; l)r. II ,,...,!,:i, sM. i. bury, N. C; J. I,. Liauu, K1.0XV 1! . , Teiin. June 1. lei. ly liaitolte .1Itilii.il Fire In mm. nun iiiii.-iny. .UHIs (li.llPAN Y coiitii.uea to lake riak aV iiil.t lo.. by fire, on II dure. A r.. at uauni ra lea. 1 r t'll.oe bt twit 11 i'ark'a r.u.idu.e. Oooci, I'ro. nd Draw ley '. orrirERs. M. It TAYLOR, Prrsitltut: C. OVKRMAN. Yirr J'rrsvtrvt. K. NYK HUTCHISON, c y. f Treas r. rniEiioRs. M B TAYLOR, C. OVKRMAN, J. L. BROWN, WM. JOI!.ST()N, F. SCARR. S T. 1VRLSTON, A. C. STKKLK. .T.iilN L Brow., S. T. Wkisto.n and A. C. Stem r, Erctutive Committer. Miu If, nt- Wanted, 1,000 .Vay3l,ls7.H. C('i:i)S OF TAN RAliK, fo which the cs.h Wil! he p.n.l. .11. B. TAYLOR. IStf II. IJ. Williams & Co., ni:.it,i:us in t:i:ot r.nii.s, wiiorr.vt 1,1: iiiki ui:t.i ir. A R E now receiving ( and will have we. large atnek v aoditiuna I heir may renin re. They ill sell lo the 110I1 a. ilc trade at a ainall cotiimi.aion. Oar Trimaaie CASH ar COVJR Y TRODUCE. IV e occupy llm well known atand rcctntlv oc cupied by T. M. Farrow. l'OliOKliS attended to promptly and aa low aa if I'ic.rnt. H. B. WILLIAMS k CO, Ttait Sttrrt, 3 rfoo.a ion lh, Wt Comer. Charlottr, Jam. i6, 1S5S. 47tf Vm. A. Owens, .1 TTOHSK Y A TLA IV, II VIC LOT Ii:, . C., TIM, practice in the C.uirla uf Mecklenburg v v and file vurroiimiing counties. II r'Otlii'e miirly opposite Ihe I'oat tithe in. 2i, lr-iH. 4ftf SAM 'L P. SMITH, a ttorm: y v coi xselloh a t la tv, AY alw.ys he found at the office ufWilliam fcTM. Johimtmi, Kxq. 0 r rmnipt iii htimi piTen to Coltertinnn. ri. tin jg; ot' ItftviN, Cnnvrjatncra, &lc. Fresh Bread! IRES!! KRKAD f..r familiea, evervr morning at J. l. I'nliut r'a Conlet tionery. ona door above the It. uk of Charlotte. Jan. 26, Irajt). 47tf BONOS far the Delivory ot Vroprrty, FOR SALK IIERK Paper, Paper, Papir ! -BirT are now receifing in Store, aaaorted ai. f le.of WKAITIXG PAPKII. auitahle for Merchunta and Drupj ar.d can furniali at abort notice .uoh deecnpli'.n nt Paper a are ued by rrinling OIBcn mil t'ott..n Ko. toriea, and will allow fair price fi r the waale o' the latter. J, Y. BRYCE 'CO., Agent for Wacov.i' Mui. May 18. l8Ci. WHEAT WASTE1). rHK eiibBCrlbrr havinir imrclnwrt the I X Elourinff AMI in thi. place, m prepnred to buy Wheat, for which lie w.ll gixt the faifbr.l "' Hour! iBran and Meal for alle ill the Mill, or Merest. But while this has been usually delieered wherev-r ileaired in townl the cato with regard to Legislature, which JOHN JJ' "l-'5. jhe preceded the preeent oue, it h em CU.ioiie. Auf. , If-jo. '"""'1 i clmli''&liT 90 ai.' to Ibi. ' I avjj Nearly Opposite tbe Bank of Charlotte. 0..s''-t ,.. .Mf CJovcrnor'n .tlrssngr. Kxicutivs Dkpartmint, Bailiioh, No?. 10, 1608. To the Honorable, the General Astcvibly of the ktate of 'or!h-C'uroiia. The meeting of the rcpre entatiet! of tbo peonle in General AxserjiMv in tlwavn a matter of public interest. Clotlitd as thejr are with the ficitiMve law-making power of the State, with no cbek ujjou it exer rihe, when constitutionally rjlojed, nve that of puhlio opinion, and with a itboritj-ali-o to elect person to fill high and impor tant 'tationit, not only in the State, but in tbe council of the Federal Government, we can well nee why the anaemhling of .ucb bod iUM Mcite ,he ,ivc,iest ;D. (Jueslions of Mate policy and duly of very grave importance, it n known, will be presented to you, to fonie of which doubtiee, much ditcrsity of opiniou wiil be f jund to e xiht. In a Rovernir.ent conftituti'd like our, these difference of opinion wili alway pre rail, not only between political parti;', in to which a community may be divMcd, but ,(.iw.e.n the. member, even, of the same . C..l, ,!; lever, are but the result of that freedom i.:.i. n ... ... ;,!.,! ..,.1 l.i -t ' i.. j to complain. should also provide for tlie fljuting debt, ! I b. lin-, tenei all;, expect, d tnat, at:, r I doubt not that yoa will be prepared to a estimated by the Public Treasurer, it.ak-l your 'a t m-smoii, 'Int.iin.L v.oui-1 l e tnaiitf Jgieeall matters upon which you may be ! iu together about K'.eveu llun.lr. d I hua-j l-y ihe N.rth Carolina Kailro-m t oii.panv. j called to act, a careful consideration, and jsar.d Dollars, llow it is to be done i.- ar at leaM on the preferred Mortr held by ih4 I trust that in doin so, your coune!s may I matter well worthy the consideration ol : Stale, for her U-t n.b-ei iption oj on- mil. jbeso guided a to promote the general ! everv one who haa" at heart the be-t till lion of dkra. I Ration to thi- a q ie. welfare of the Slate. In the discharge of ' rests' of the Stale. We cai.uct rai-u ll.e'ti -a ' tmp-vrt auae tu the my duty, I shall, in thi communication, 1 amount by taxation in short time eita.e i:- K. '' indiidual atocfci.ol lay before you auch view and suggestion have to do it, nithuat imposing a burthen 1 der, and to which I "hem it my duly to ofmy own, ai I deem amiable to the oo- that would fall heavily upon ihe people ! call your attention. jea.sion. j Nor, under existing circuni-taiiccs, t it at J "J',i, preferred sfck vta taken by virtue i The fir.t subject to which I invite your all probable that the amount cotilil be ob-' cf an act. t'h M'.', Li I" '!-". ii'nu l altcutiou i the very important one of the 'tained by loan, upon such terms and lor ' an act for the completion ol ihe Nortii State debt and finances. jsuch tinie a would make it de.iral.le. j ('.uolina .(ailroad ; t.l bv v.biehit was In replv ta reanlntion of the laat General Aa. The time was. but I think it has tiow pa-a.-d attiot..' oili.r thin.- t iowd. .1 ill it, 'H.e fiiihlv, Iin1 Public Trciaurer -ted the bnnd- ed rlelji of the Slate lo be, on l! 13th !. cemher, 3.1S3,ijb3 55 is:-6 Ot which lis. been .'pre paid : bond to the trustee of the l.'.ii Ver.itv ni" North I'arolina j Thi. ; ', ainee inc : amo.inla bt ha. h.e eaacd by t!i the purai.e. follow. n: Cunaoli.lating mtr. I rr.t wiih principal on bond, to I.itera ry B ard by n r"lu. ! tiuu nf the li.r.1 Or. i tieral Aa.emblv. Bond to bnik t.f'Vr , Fear. f..r loan, Pjnrl for Fayelleville I and A I b e m a r I I Plank lioad, 1'iyetteviile arid IVar- aaw 1'Ur.k fload, Lunat.c A.y'uin. Atlantic and Nort! . Carolina Hailronu ; for balnnce of aub. acripijon. Lunatic Aayluin, un. der act ut l.iet S... 1 sion for enciuaing ground., Alc, Rubcri;.t.on lot hcia. j peake and AII'C. ! nnrle Canal Cum. pany, Ia.an to Atlantic and 1 North-CarolmalUil. road Company. IVe.t.rn Norllitaro , Iin. KailroK.I, 25.203 5 41,000 CO so.noo no 6.000 on 2!,u0ll uU I, 3 1,702 45 t'i.xTlUO.i U0 Making the bonded debt of the State upon which si.'! is primarily liable, at this t etlue compare favorably with those reported m nter to 1 In time, six millions eiht hundred and seven- j to the last General Assembly for the years direction-, if tv niue thousand five hundred and five l54-'5 and ISoS-'ti. 10 give dollar. Of this amount, the payment of the principal and interest of the .utnofjfor the present ar.d n-xt fi-eal year, an l 100,000, loaned in Mate lioud to the Allantie and North-Carolina Railroad Com- pnny, is secured by a deed in trust on tho Road aud other property of the Company in couforniity to the act of last session au- thori-ing the Ioud. So far, tbe Company ha failed to pay the interest on the hood-, lt i hoped, however, that, when fairly in operation, it will be able to do o, an ! re- lievc the State to that extent. 1 will etate al.o thit, for two year lat past, tue Mate lias been compelled to pay the interest upon the bond of the Cape Fear and Peep River Navigation Company for $3110,(100, by reason of her endorse - mint tnercot, ana tuai ane is liable in use manner for tho ultimate payment of the principal a it falls due, one-thi.d in me year iPO.j.the like amount in 1-.5, and the res.duetn 185. . . , ' be issued as folio For b tl.ince of first .uhacriptior. to Wcatcrn North-C'irlini Railroad For aul'cription to aaine, made lOt'l Augti.t la.t, under act of lust ei. m. to cmiplele the fi at ect.ori of the Road to Morgan. 200,00il 09 410,001 Oil Making G. 0,000 00 These bonds, in all probability, will tie called for and issnrd before the meeling of tho next General Assembly, 1 It is proper for me to stale also, that there ! ha been, for some yer-, a fljatinj debt due by tbe State, kept on foot fiom year to :ear, by resolution passed from time to j time by the Legislature, authoriiing the t Puhlio Treasurer to make temporary loans to pay the liabilities ot the State, and which loaus have been annually paid off upon tbe coming in of the public taxes. The amount of thi debt ha be. u gradually increased by the payment of interest on these loans and the excea of appropriations over tbe receipt from revenue until it reached near the end of the last fiscal year, about the sum of $M0'-!,41 1. This debt baa been a teriou inconveni ence, I may say, in fact an tncuhu upon the Treasury, and will continue to be ao, unless some permanent provision it made for its relief. It ia true, the debt was discharged out of tho incoming revenue at the end of tbe yfr, but it has left a rrucuvn in s th Tte?stry Ir tb-jt tent bi-h tt'jst applied hy uew loa.m, or in .omn oili. " . . . . . - manner, before the incominR of the revenue,, tbry hav,. been r. Mirued to court, for the Dreacnt fi-cal year. In lnot, itin the Uoaral, .0 oompo.l, l.all exi. the opiuion of the Public Trca-urer. a. ou will see from hi estimate-, that if tempo rary lonti are rer-orted to the Hiiminu of the flouting debt ihi fi-cal year will excel that of Ihe last, and that about the .ut.i of ! 4dO,0(JO will be required This amoiji.t taken from the revenue to be paid at thi 3,-cal year, would nearly tmp'y the lrua- (ury and leave it without uieann for the next twelve month. 'J'he n;onet.iry diiBeultie experienced throughout the country in the fail 1 la.-t year and for several fucceeive inonih. thereafter, fully proved the in policy cf trusting to the resources of uch loan to preserve the credit atid honor of the Slate It gives nic pleasure to nay that, in th a emergency t'.r.o uri our jiablC, ltu aome to rt!o:". Came lot HVl ol t t'tate, and tbua enabled the t'm lic I tea surer to meet all her engagi mi nt". It seem to me to be a u atii r of h. firet importance to relieve ihe Tiia-urv from this burthen and to plac- it upon such footing lor the future, that a like balrt d may not be a second tici iucnrn d. Of the bonded debt of the Plate, of hieh ( have ifiven a statement, there will tail d ne nf ririnciDal. from time to lime, in lf.o Il.UI tllin ml nn I t .lamiliarv. of 1 1 s-0il. P.jO iiiit). Provision imi-t be man.' fn.lt. I. th... d l.t ! ...j r k.i.i :. -I . th ., . n when the holder of the-e bond- would readily have exchanged them lor tMate coupon, bond at a long date. It seem- to j me, therefore, that, with our present re G.000,00 sourcif, almo-t the only alternative lett U , , to make coupoun bonds cf the State at a loig date, with a provision in the bill I authorizing their i-sue, to create a special finking fpod sufficient to pay, and itivio i labiy pledged to fay tbee bond at ma I turity; and thnt tbe bond should lb. 11 be 'sold in the market as the money may be , wanted at the Treasury. Judging from 1 1 lie present prices ol our bond in mat ki j I believe that such bonds th a fund 'Fudged for their ul'.ima.e paymsbt, would jacli for Jir if not for vrrm;um. 1 Miail ui mucu pieaseu 11 a more icasiuie seueu'e for relief than the one suggested, c.u in tlie circumstances in wnicu we are puced, 0f the t ffcc r-of rl.e fcu.pKi.v -l.ocu t., le devised by the Legislature. ,)ie. rccpts were st,fl'uiei,t 't t pay a div. Tho looks in the Treasury Department dend 10 rhe State, in each of these um -show that the revenue of the State from ail but that rliey had i.ei 11 applied ny tin -11 source, except from the aaie of State bom! cer-ot the Ccupaiiy to ihe di-elrir.e for the two fiscal year ending the MOib .xi-rinj deb'-, ami to the coii-truetii.t) s. of September last, wa for the year I i'.C count. I lie officers ai.d at Jt'. noid-rs 1. -'7, 512,200.02, aud for the year IS');-, the Company took a ditfercwt vie of in. 5507,430 30. matter, and insisted that the f tu 1 had lie- n It should be Hated, bovtever, that about prop, i i) aud legally applied, and tint the aum of $7,00(1, part of tbe sum first Mate tia.t no j i-t claim to h-tve aov -ti t named, properly belonged to the year lsJ05 deud. under the ciieuiii'tanc s i lie pro v '6, not haviDg been actually paid into the of the- Staic. reported tl.ee facts u m. : Treasury, a it should lave been, before the end that I ini-ht t ke sueli nc::.n i the end of that fiscal year; while abiir the the premise a. in my opinim 1 1 1 in!, r eum of S 1,000 should be added to the sec- of the .StHie iniiht r q lire. I u the o;.fi ond sum named, for defau't. by Sheriff-, of opiiiim 1 .11 1 not u. eui it avi-ahle 10 which will probablv be collected during the take any t. p to a-e t the ar! aim of tin ' present fi-ca! year. The-e amounts of r Should the levenue continue the inie , oonu to the amount ot the OoaMng debt he j disposed of, the Treasury for the two ye irs . woulo realize about the sum of 51 .400,lilhi, 1 an amount, in ail probability, sufficient 10 1 p y the interest upon the existing S;ate ; debt, and also the current expense-uf the j Slate Government. But a- to thi- I do not wth to be considered a speaking with ah- j solute certainty, the estiinutes at ihe time j of prepariug thi statement not having ba-vit conipletcd by the Public Trea-ur. r. 1 Bv an act of the last General A emblv it wa made hi duty " to furnish e-tiimtes : of the expenses of the State for two jears ! next ancceediii tho c!o- of the la.t fi.eal year, and with a scheme iu the form of ' bill to sustain such estimate." j TLis u lM bi;fjre lt , . dmV in lh. . I Shosld tLe fuIDJ of the pTennt reveIllw , 11. 1 be retained. 1 would atjain, a I did in my last regular message, mo-t respectfully remind the Legislature that there are many difficulties in the construction of parts o'f that act, which have from time to time been presfuted by the coileeling officer- of the State and olhers to the Treasurer and Comp troller, aud nhicli should be rendered plain by a new or explanatory act. It would be out of face to attempt to detail them here, but they can be point tl out by those officers to jour liinuce com 1 lepeat what 1 before stated that, in c - sea nf rirs.ii.e the Sr.!. ia II.- .I.- I.. . .... . fr. ,.v , ,,J ser, a collecting officers will not, in .ueh , enforce the collection of the tax, at the hazard of a suit, should they mistake the law. I desire al-o to cali vour attention to the nr..S.,..l ..,.!- of n..a..in., I.n.l. tr, .... I tion Frery oue who ha given any att.-n tion to the subject, must have become sat is lied how imperfect it is, aud how uueq lal ly such assessuieuls are made, tut only in different counties whose lauds are knou to be nearly of tbe came value, but that such assessments are onto as unequal aud out of proportion to any fair standard of value, io the several di-tricta of which a county is composed. If the present system of valuation is re tained, I think this last eril may be reuio died in a great degree, hy requiring the a. scisors for tbe several distrieia vonopo.isg a t' a;- sjjv.'.fr aXiard, a.te:r r the aB.ue.,tH ... l mvle t.t,U.. fore .... 1....... ),..., r..turnii to court, mi'l ri r eum(,,r. all Hi- li t-,a.,u t.. cteu-e or .iin -h any m-er.-tuj-i.t. . iimj rit; 'f tl.nu my I per. I he In-t eo correol.-.t to I... u-tu. la ioi.it a. H'- nq-ured by luw. f mi ri iM'!'!' nii-saae to tiie 1 1. d - ral, .Wriiibl). 1 urjii-.l upon tlr in tin' C) of ;ri ut;iij a unking tuml tor th.- uiatr tli-ehurne of ur Sn.ie -'' I t-,iin uceaeioti iu ri- i-t the ri con ini'ii'iuiion t ;. n muilc. The bill j -mm1 at tue iu-i .etoi:f in.,.!, q-inle a it a- liom tins euiallfs aii-i uiiceiuiiiit) t.f tin- fund provided., a. i,e. , s a V p it. tin- right J ire c'ion. 1 ln lunil, thoiil. nuall, t.ff uil a nu.-u u- arr.n,i w I.ieti a lurr ..tie maj be built up. A lij iri of n ij able mid Xi iirticed guitl. in. i. . r r a'.ii.tiil to limun" H. 0 tlM- heaility la , ui..i.-i lak. u the lll.liortatit trui er.ntl I. en. anil who iiO.M l'isa T..T -m Miu vi.luat.le lliloiu. it .is lo it- ineiea.-e. bai ui ami fM'i atll. unl I I q'lir. i trniu u m to y ti 'o -re. i -. ..-.- tl.. tall due. sio a l i i i t .. to be Milopled ior the . m i v ..' ioi. o. t..o pul lii' credit. The Railroad stock- belng:ng to iha j State and not hefor ppiopitale'l 10 rlhef the purpo-e-. con-titute the duel 1 (hi) havo i etllkillir. fillld. Til'' r.l'l'iut- f'J I b.eu inauiij . if m t . -nitreij , trom iii.hi.u-ih - diclnred on -lock in the llil. I 'h and (ia. ton If ailroail ComiiaiiV. Itab0l).tl shall hi nt.tii .i t'i six ; M-llii iit.l.l.a ly nt un able nt at.) itt -.1 u- of pr tits lit company, t.i lote any .ii ii!t i .i. s Oil an ot !n r kloek III ti.e saii r. In the to U-t unti'iil meet atOCkh'lblera 111 t h- t'.jni piny . 11 01 the iti-i-t- etl by Judge Itjflin, the Stat- fir.lv, tu.t Out nf the reC 'tpi.-, over and a' .).e iho in-ces-arv exp'-n-es of operating li.u Road, the Slate entitled 10 have a iliwleiid on h.-r pret. rr. d .lock and tint -ticn ic ceipt- were not properly app.li1 tl'!: t, 0f ivi,i, 0f th ,IIH.,,.,i ,,(,.,., l,.,t to ,(. .a;,j , , w 0,l lo , Ur ,',t,. urr) tS..j Wr,8 .if! 1 Lie: ly a;-., l,le to euch a a er -iu n-p.-n-al'' j ...-e. : ,0 op.-r .te the Road.. W trea-. then p "it' lale. ti ii e l siitioill I le a A-se.11 -ly I ir s i icy ui iy im.ik pi jji At your U-t session a hill w pi tendering to tne Hiuk of the Site, a re- tie., a lot 11-charter. At a general un'it- ing ot tin- stoo-ili jl lers iu the City ol !i ii- t igh, the m itter a taken into c in-i l-! 1 lion, and I was inldrmed that they d. c im-i lo aee. pt a reneal ot the charter upon i.id term contain, d in the tnl. As tn.-cuarter under whicu ti.e liank i- ut d.in-i.ii- iie, 111 expire on oi si j' J.ni.rv. 1 -ti 1. lies, win expire on 01 si j i.'.illO ih t i l'i-i it i- a,, i.n.r th .1 tune to iu : in my o.)titoii, be I., "e !. eii.itiir at ti.l- - " "'' kind, lo face ol tb. liai.k of the State, into iiu li iatton. Ii h . been oulil it go itlietiui. i.'''e-i.U that the capital ol the Uitig ot Cape Ke..r Hiijiht be incren-ed t 1 an auio int suthciel.t to supply b inking faci.lt lea to tht' CoiiiliiutiitV, an.l to t r. 1 - ll i-o 'he meai-j ot m.k.,.. a le and ptotitah.e in. tstmei.t ot that portion of the literary f iti l 111 a in vested 111 Mock of Ihe It.n.k of the Mate. Kut it I uncrllaiu whether the Hank of Car"' Fc..r ouM ace pt cf .-uoli a prop a,. tiuu, and if that d '.hc lily were reiu 1 sceliis to tne that su -h an an aneuu lit would be olj cttonahle. So Ion.; as g hate banks ot discount and deposit, it ould, in my opiniou, l e highly iiiipoli ic to build up on- o.iTgro.tn m-tituiiaii which wou'd bate the power, ;n agr.at degree, locmtro! the luoiiet .rv atlnr- .1' the Stale. Ihe eamo atuoutit ot eaeita. : 01U'" d " i'h t-ranen t.o b-iiktn.' ii.-iilui'on-, 1 1 8 r. tit s.eti .11- ot ti.e Mai., would be b. tier and sal. r, s eatli 111 ut eii.eai upon llie otir r I It ive ! no r"" "cul"r 'ecoinmeii'i I ,J iUr amount ..t c.apnal c a l,-:.. to uiaae . r ai wuiai it -hail s of aoy chaii, r !. J.iul.l auo I sh .ll on.-; M"""',i l"r t0 ,V'r ''' '''' 10 If .l"U -'i 'r'" be fUhdll't expres. Hie hJj.i' tliel yau will be able Mi.it one, Hhiv.'v, ViUile Will L"l 1 out l..t kholil. i v . r-a-oii.it't.- hop of .air p tils u) au ih' it Capilnl. oil! at the s .im u aflor't auipie taci. il.es lo the put. lie aiiouid it lie lorgotleti lliat auc i ao tii-ti tsou, properly cnductol. wnl he a.-; r.-urt. r iiiipoitaiit ait t j ('i.- am, i, mauageiueiitot hi t uil'-i-o' - ai-i ti.e i meut of her dt b.m. Our ei-tii. taw. V1.gi1iat.n4 'I"' r'' interest ou tu mey lem, ai.d a i.. i.u 1 altiaiS to III. ir vto.altoii. hate l..'.e; , iu rj WStAsJiaaAa.' 4at. 'jltiiH 4''.. t. ..1 li- 1. i .