Newspapers / Carolina Watchman (Salisbury, N.C.) / Nov. 27, 1840, edition 1 / Page 2
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t- I it 'in I' is. u 5 4nluI well Sinol ipeppiriie. cniew irouqu:, D cOnflicliwjtb 'ihe-.u.ti.wwd old pe,f?-.a,1oam.ui. lie bioBgot la ine roasi uujsviu w v-- t-' bfl Irore jr DC w black hat; sacn m iro worn - b? civil.zed folks oh shor; bia l were - wiihoulstockinpsof hoes.. -pft$Tof.bis fiiurcd cuUoii raabUel thrown 'arqiid biro uiac . . bad nothing luM bandkercbtcf ai;d. a Apiece Sr U I I II cf cloth tied arpund bis jpns. 1 lr ; 'Hinj-jet.wasacc6lnpanied bj.his guard v, . id a War cinoc conaisliog of tbinv efaowV " 1 eapuTitia paddfdand aiired wid anVold; 7sword bung, bj a beli o? er-lBe a hpulderi , . BcoVc ther. earned alongside, " that pullcrf three lipipa around; the t esael, inakipg the moat horibtei yelling. 7el keeping time with " thoir padHe. A ouaaberof mafl canoea, came off ao' lhit in a" sliort lima tpi deck J ' if, ibeatroog lo?e theae able ; -gentlemen had for bits of iron, I.jtbok ibe precaution to , have one of thcun cew' atalibned at ech of the gangs, Jo jlobk out ; for priming wires. Second also Sj1 hate an - &! elo the boardirfCpilu-s. battle aies, fld 5 btuir tft1c7es jrnosl.cofeted 6j thes genile. . icnan of the bush. . . i ; 5f . f jyh& lho thermometer at eighfy-fi?e," I inrited bisroajestind two jbrotffers into the "cabin, and I hey Would have been follow- . cd by many of his 8uiteparticulTlf as the ;vH steward bad made a great display bf decan? tcr?j luniDiers, wine glasses. c -on int ,-.Ue-rbut1l hinted tbthegpntmen in la way t ha could not be misunderstood, that i he4r room was (literally)' better than their cooi-J, panyf :yyb.aTongf lingering look at me liblerhe.rlctantly' retired. " jj 2 . Youog Prince West (which is; his ja a me as well as bis title) is $a inJelligent negfo. uf about lliiru .years, of age;. aperies ana undeistanda English rer? well. ille is at war With the Punco of Ne w Cessters, who is his uncle, and a deadly feud exists be- y "'iwecb iKem." lie Wa tery anxibus that I should go and break up the slave paracoons - ; at; the latter piacesaidhe Wpuldassist im' nle with all his force, and that ithe slaves should be jivenoGovet nor Buchanan to make Jimtrtcans oJ I ' -1"' . - "B .-WWifleo ctfy thing on board wiln ' 'grearatlenu'onbutjnotliing excijedhis ad- i ! f-V-- .miration so much as the locks on, the can ' 1 l-,v non.twbich he jhad nevr heard of before. days eve n&ii d-- h'aa himself they all respect aud feai him;; as be" always heads bis troops, they call him (be war-uo-vernorsay his name is Big Cannon; (Buc- haaan.) and that be oblaioed ibat name- by being so great a' wariior in his own cbuntry". A better seleclion'cobld not have been made by theColoniiatiob Society lo fill this tmpor tant post ; and I ain convinced if 51 r." Bci hinao could be prevailed on to remain here for four IcYj) 6 re years, he 5 would place the Colony on such a basis as would do leu lor generations fo come. It now, pfincipauy owing to hisudi,cious management, has an' influence far greater witn toe cbieis sar rounding i than Sierra Leone, backed; by Ibe power bf he British Government; r- J i ill t. An I il... Amm n.nil to ihe tfai-.ChurchSr t - Monrovia and hard an inttl&ru-riiscourse from, the Bet. Mr Teage; the Congregation waft snectable and! attentive. When seated in church I could not help reflecting tbat9 less than twenty-pve years ego, that very spot on which thefchurcb was built was tbe piare where the natives assembled tp worship the Devil and was now consecraHd to tbe ad oration of ibe living dod! ThisxKjrVCis wen, Knowii -uj xmjjj iu imp j Can Christians say lhat the Coliiization Sj- (iety has done nothing ? Much has been said respecting the un healthiness of the climate of this country. KThe mortality , of the first seitlers was occa- aionedin a great measure, by privations al ways incident to settling a new country, and by the miasma arising from clearing" away the soil greater here than in higher latitudes Besides, the settlers were in constant appre hension of! the natives, and we all know the effect the mind has upon be health of the body. At present the Colony enjoys j out as good health as you will find jn any com munity similarly situated. It is necessary for those who come for the first time, logo through a 'feqsoning, as they term it, and if common precautions are .taken, they nave tbe fever but slightly, and become aclimated without much risk 1 will venture to say :1' ' psel arrived! I ! At Galhnas? tnere-are 5ve;ih6ushl waittog -for" oppof tu.niliejs go, send bff. X llkver Lancuor;iiL th i evening, takes on boar J j three' or four s liundredithai mgbt; ind is; ofl with the land breeze m ine morninjr V Ifl she rcanrun twenty miles ithoot moMtatiorfV she ' is beyond the o- ial cruisinff Lirround of. men-of-wati and sale-jQhtil jlieWrfives in the vicinity .pf .the West Indies; wherefeT chancy of capture is vefy.amallJ - - - - . UeKore I close mis, win reiaii iuai slatement I nave here given you is intended fwr norir!fUr!anv iriend f OU mav think proper to sbbwjit to, who feels an in in this Colony :but J beg of yoir n have any parmf it published. ' : -'. ...... ..- - r-- ; -I"-.: .-J Un.llk w v un nest wisnes lor your coimiiucu ucmu and lijppiness, l am wun sinceniy, truly yours,.! i ;: interest not to ten -m. CHAS. H BELLS RovwAlfreiCuestbji, Mornsiown, JN , J. i i i Message. in FROM TBE GOVEltrSbK OF NORTH CAROLINA To the General Assembly of the State, at the commencement of the Session of 1840. '.. To iJic Honorable the General . ; ; Assembly of North Carolina: Gcntlemew : Tbe declarations of- ibe peo ple against tbe administration of tbe Federal and most of ibe Slate Governments the deep sensation and embittered filings of the contend ing parties la to the cause, tuust necessarily greatly deepen' the interest which usually attends the meeting! fnd increase tb'o; Responsibility of your honorable body. ttui wnne. we nave, in meconnaeri nopeinai t . nn . n wttliii- ibe causes, aad, appiy lngwf mana to save tboosada'fromiutn and distres,. ibe President denoncea uie .wt worthless and iaitbless-pursued them-wiib an: inveterate-rarcoarand turned j upon them, tbe foil Uda of .public indignaiionmade-ihem the stalking horse of ibe derastierobbed -ihem of the p5ople's confidence, arid paralited all their osefil energies. Buis by bis on act, the depo rt of. ibe public rnoiibs, the Banks had been stftnyiaied to- wild expansion :;4lfr.f ne; most! ;part,tnintjolfed by bis uwnjjpoliueal ffiends, and Were the creatures of bis dtjvuted States, " In itbe Treasury-Ciicuhr, the President ad ded fcWher'tink lo the already tengihenedlcbair. cf Ekecutive usurpation. 'JiS circular require ed specie oaly to he received at the land offices, which checked aales, and, by further alarocmg the capfialists, added another bkjw to ine aireaay siokitJ" credit of the Banks; Congress .ventured on a jvote of disapprobation, by-a largemajoiity n hnth houses. reDeahns the order. Bat the President placed it in his pockt,anr tbus dfr feated it. 1,-vi.--':;. Tha President's oonolaritv was yet so power fbl as lo contribute very largely 'to ihe election of bis successor, the present incumbentj wnose otn er claims on the confidence and affection of ibe the Amencao people Were certainly questionable. He promised, however; to IreadUn the footstep? uf his illus'rious predecessor, and declared that it was gfory enough to have sered under such a chief ; and the pvople Were satisfied. . ThVoreseniiocnaibeni camel into powvr at a period moat unfortunate (or himself and for the country. A re action, as we nave snowo, nag commenced in a bloated and boasted prosperity, and be bad pledged himself to, the coarse best calcofated lo urge it on. He bad, in bis zeal to support tbe views of his predecessor, denounced a Bank of tbe United' States ascoconstitoiional. and ut off all relief from that quarter." The local Banks had been denounced as unworthy of public confidence; and be sonkthem yet lower by coocuning io their condemnation. The af fairs of the eoantry had become; desperatemo ney scarce and bank notes depreciated the pri . i .t i v . . : 4 i i 5 ' 1 had! one of the shot drawn, and the tall brother, witbhe mantle, fired itj off in his preaence this he proriounced very good I vcrv 8aucv P hit with bfs iron tall, same Af,' , as pic4an:nr bail oueaavwiin musKet : sup- i T pose- you ;send four cans tn shore i lake alt -iPwnsinATicayi' l -wiu reraain. jueic, iui " there isT-noiJiihg of wbich.the natyef(ican stands in sp mach' dread of as a heavy piece ui;urun uc: - . y --i .. . -r.r.-;.- The Governor inade. a treaty with him, lho amount of lnch was,-never io be en gaged in the. slave 'trade'; to render assis tance to any Ltberians who eame in his coun try ; to send word to the Governpr or my selfif any slave vessels were in ins yicini " ty;Jahd if Govf Buchanan should bring a force to break up the. slave station at New Cessters, to march with all his force to as srsChini.x .Two copies were made, une of ti which; hetook Prince West making his , tnaik, aud.l signing as a Witneis. It After get- . ting ihroufih with this diplomatic u'usiness,we ,v mustered op' three old epaulettesf for a dash. and the Udvernor obtained from our Purs cr. apiece of, muslin and a; few pounds "of touacco; whicn were also presented I then .sent him on shore, not, however! before" he v endeavored to make me promise that h would - wait tintn'he sent me a bullock from bis capital,': bich I was obliged to decline. , In a few moments after leaiirjg the ves '' rel, he'was followed in the same style as .when he came on board, by ihe! canoes, all in ttu m yelling like devils in Paridemonium. ,, ,-. m, m - . ." - y Kroomen are an active and tndustri ' ous rare ot men, scattered along the coast from -Cape Yerd to the Gulf of Guinea ; on ihe approach of a vessel near lbe;ctast. these fellows pull off in their canoes several miles, V go on board to offer their services, or hear the news for they are '.he greatest gossips 'in tbe worldthen, after making theif ob '- a . . i 3 4- ta. that, even fori tbe white man, the climate is a& gooa as .Louisiana. - Along the seacoast tbe land is compara tively low y hut as you advance into the in terior, the country becomes more elevated ; and there is a range of mountains probably three thousand feet above the level of tbe ocean, rurinipg parallel with the coast, at from fifteen t thirty miles distant. When the count rr becomes more settled, and civ. ilizition extends itsel further into tbe inte rior, alimate mar be found on these hills, whicbare! clothed, with verdure Jo their summits, as ialubiidus Tas in any country witnin tne tropics. Before 1 close this communication, 1 will endeavcr to give you some account of the Slave Trade.i From the best information that could be obtained, ihejre are now, and have been tot several yearsjpast. shipped from Africa, up wards of two hundred and fitly thousand slaves per anbum. This appears incredibU to those wboibavo not examined into the subject, but when it is considered that six ty-two vessels carrying or prepared to carry, upon an average, three hundred each, wete sent into Sierra Leone last year, in addition to those sent to the Cape of Good Hope, and captured: in the West Indies and Coast of Brazil, and that not mote than one in six is captured, as I was credibly .informed. it will be found to fall within the above es timate. i I In consequence of the chance of cap ture, the poor negroes suffer ten-fold more misery thin fn the early stages of the traffic ; they crowd them in small, fast sailing ves sels, at the rate of two, and sometimes even tour to the ton, with a slave deck but two feet two inches high ; as was the case with -1 l ii. .ii '' o. . a siaver laieiy sent into sierra Leone. so dreadful is their situation that one in ten dies in crossing the ocean ; consequently twenty it will restoreiihe country to tts'fbrmer happy cea of property and Jabor lumbling down inl and prosperous condition, abundant cause to re joice over this peaceful revolution ; yet we shpold remember that out fellow citizens of the admin istration party, with the exception, perhaps, of tbe officers and aspirants, although mistaken, as we believe, 10 their views, can have but one common interest with ourselves, and are rather entitled lo our sympathy and conciliation than to Hatred and persecution. Their fortunes have failed in their own bands, and under their own management ; and it be comes us, as; those on whom the responsibility ias devolved, calmly to surtey the position we occupy, and prepare ourselves with energy and disnitv to meet the crisis. As it is the; part of wisdom to profit by expe rience, it is necessary and proper to refer to the causes of the revolution, and paitirularly where connected with our peculiar interest, the better to enable us toUvoid the evil and embrace the good. ,- . ill .; - The Bank of the U. States, which grew out of the necessities of ihe country, at two periods of great distress, ( and which would seem almost to give sacredhess to its existence.) and which answered evety purpose promised by its most sanguine iricnas. or-antieipatea oy ine ponuc was doomed o jXecnttve hostility, because it would not yield political obedience. It was re- chariered by Congress, but vetoed by the Presi- servalibna, return to tbe shore and tell all five thousand human beings are destroyed in 1? - j - :V i . . - I : ".tthey have heaid. ""Their country is situated y to the north and west of Cape ffalrnasj and they return there once io two brbree years, fc taking wiih "them all the monev they have iraade -They paddle alooff the! coast for hundicds of miles (landing occasionally for someining to eat) without any apparent fa tiguc ; they are respected by the slave Ira ders, who never molest them, as their ser , vices are necessary' in transporting their slaves; and every man-of-war iiaa from ten to fifty of them on board, to pull in boats, or for other severe labor in the scorching sun; The English train them & the use of the musket and cutless; and when joined ' by an equal number of Whites fitght with ' great courage, either against slaves or any oce else; they are, in fan, here what the Swiss were formerly in Europe, or rather supeiior to them, for they will not only fight, .but work for any who will pay them. They are a stout, powerful race, and are recognised immediately by a blue line ex tending" from the hair on die foiehead straight down to tbe tip of the 'nose, mark ed wnh Indigo tattooed on the Skin : many . of them are also tattooed on the head and cheeks On tbe arrival of a vessel on the coait,they come on board to seek employ ment, each gang having ktad man, who is paid double, and who is looked upon and obeyed by his companions as jan officer ; they can be trusted with the boiSm, not ma Ving it necessary to senU an tiffieer with them. They wear no clothing, excent a ..." . . . . ' --1 . ihJtD around tbeir loins ; yet those I un uoaru iaae priae in uressingiinemse eviry Sunday at muster, like the etc' lao drawn clothes from the purser for that pur hose. Tbey ail have English riames. which have been given to themj bv sailors trading on the coast such as Tom Nimbly, Jack Smart, 44 Bottle of Beer.' cc. In the event of Liberia extending her commerce, they will make a fine, hardy race of seamen to man their ships a tear. Previous to the settlement of Liberia, the mouths of the rivers St. Paul. Mesurado and St, John were the greatest marts for slaves online windward coast Thousands came annually down those streams for trans portatiun ; now those streams are used by the husbandmen to bring their produce to Monrovia Grand Bissa, anrt Edina, and the negro paddles his canoe in safety under tbe protection pf the benevolent institutions founded by be Colonization Society. When these facts ore so well known, is it no strange that the British Government, who appear so; anxious to stop this trafic, do not use other means for tins purpose ? It will occur to every one that the only ef fectual wSy on this part of the coastal least) lo destroy tnis vile trade is to break op the ft 4 Slave stations. As far Mil could learn, there are but two between Cape St. Ann and Cape Coast Cas lieone at Oallinaa and the other at New Cessters One hundred resolute men land eaal either of lb ose places would break up the whole concern in a few hours: un der present irircu instances, such are the lm oiense profits it will never stop. Pedro Blanco, who is one of the principal slave dealers ai Gallinas, as well as others in the trade, say that, if they can save one vesse out of three, the business is still piohuble : this ran easily be bejjeved ; for I was in formed, Whn at Gallinas a few days ago, dent. The' public money was then removed from its lawful place of deposit?, in the Baok of i he u niteAfvto 1 i; - If slUnited States became a- la yissica,lon8 u violence and us urpwvndl decRTed ihe removal of Ihe de o- sites oneonstttulional. t The President appealed (o tbe people! against the Bank and the senate declaring the Bank dangerous to ihe liberties of ihe country a monster of foreign materials ; and that a better currency could be given by the local Banks, fwilhout tbe danger; and that: ibe Senate had;dune him gross injustice. The ap peal was 8utaii.ed. Nothing was recollected but this splendid military career. Seeralof tbe Slate Legislatures were filled by his par zjos, who supoorteJ his opposition to the Bank, and instructed their Senators to expunge the re solution deplapng his act unconstitutional for re moving the dposites, or to resign their seats to more uoscrdpu loos bands ; and it was done. Sum yielded lo the servile act, in dtfacfngUie journals of Tbe Senate; and others, through a cherished thoogh mistaken abstraction, abandon ed their posts!; which has impaired, and, if con tinued, wjtl destroy, thr most stable and valua ble part of our Constitution, and, in all proba bility, the government itself. The H use of Representatives could not but feel the influence of. ibe will of the people con centrated nbe Executive. Hia power was tremendous enough to intoxicate tbt brain of a less philosophical chief: The fate of tbe Bank was decided j The depositee were retained in local Banks ,1 and recommended to be leaned out. Banks increased rapidly and discounted freely. Tbe disbursements of tbe government 'increased some fifty per cent., or about $12,000,000 an nually. Property and labor of all kiads rose in priee. Public urks were commenced, aad some completed j of jvast magnitude; and general pros per:ty retgned, nut only in this country, but Eo rop, Up ;tM1834t under tbe operations of tbe " bill of abominations," the paymeLiof the pab lie debt, mitetly due to Europeans, filled that country wjth money seeking investments a greal deal of Which was taken bv onr Slates, Banks, Kltl Road?, Canals, and Manufacturing Com pa n it-s ; and returned to this country at a rate of interest higher than bad been given by the government. Whether designed or not, ihis command ind disbursement of large amounts of monev, completely, at the time, covered the consequent of the destruction of the Bank of the United States, and gave, to the country a hollow and factitious prosperity. Notwithstanding the groat increase of ex pen ditores. some tony millions of sorplu9 had acea mutated iqi 1 bts vaults of tbe local Banks Up on a previuioccasion, tbe President had advis provements, suspended and bankruptcies nu merous. Indeed, so gfooroy were the affairs of ibe country, mat ine rresiaent convenea an ex tra session of Congress, to devise means of re i-f i lo whom begravely recommended ihe with "drawal of ibe public Imonies from their former places of deposits, and to lock tbem up in safes and vaults, as the remedy. ' As a part of his argument for a Sub-Treasury, he decried institutions which! had been used. from the establishment of ihe government, as depositaries ; anu waicn, in limes oi emergen cj, responded pitriotically to the calls of ibe go vernment ; and which had aided tbe great inter e&ts of tbe country lo enter honorably the list of competition, in all necessary and valuable works of improrement-with those of the old -world. At the first moment bf difficulty, they are con demned as unworthy oi public" confidence, and even dangerous to liberty. Again, in December, 1837-33, this Sub Treasury is pressed on the consideration of Congress, as, ibe grand panacea of all our woes. Congress was composed of a majority of his friends, and 18 qune immaterial wheiher they considered his project incompetent for the crisis, defective in principle, or nerveless in expedien cyit was rejected. The President now seemed to take ihf mat ter seriously to heart; The only measure he bad concocted, by the aid of the Secretary of the Treasury, must not be treated so lightly. His forces are marshalled anew -the unfaithful dis charged , and more Supple tools put in their places They open their oatiery on tbe dead Bank. The dying and living Banks they represent then as the hydra headeo monster, against which the former President had to exert bis Herculean strength to keep in check. Corporations of all kinds were declared dangeious to liberty, lo the poof, and to democracy. Congress convenes, and ihe President draws a strong and vivid pic ture of the distresses of the country, and again recommends the locking up of the public money in safes and vaults, as the means of relief. This doubtless was pro forma, ta he had no money in the Treasury lo be locked op The fact that lie. issuing a Specie Circular; tt the Executive will, and lhecQuUnutng' its tiperatioh.afTerXpn-' gress bad condemned rt ; placing the public oio nov ir favorite local liatiks. and urging them to use il in erfanding accounts -aud, becaoss they-j could not return .iuwhen called for .denouncing and persecuting them $ tbe outrage upon the sover eignty of "New Jersey ; ibe gross and gratuitous jnsolton the character and credit pf all theStales; were enough, surely, without referring to ihe op erations of : trade, erf the. afcuse of the Banking orivilewe: to alarm; capitalists ap to the stability and ioiegrity f ?ouV iusiitutions-to banish mon ey and destroy'Credit--lft fiae, lo produce ihe terrible pecuniary-revulsion wuicn nas 8eu our country ia-Us centre, brlngiog ruin and dis tress on ihouMiids irAod the Sub Treasury rem edv, gentlem'en,for diseases Jike these ! Surely the Ssangrauojneory . never nas oeeo so grapni eally illustrated. i:The"Weakhes and .ioadeqaa cjr'of "'the'joposed remedy is, indeed,, like sport ing witn oorwrongs aoa sopenngs. --. Vhat good can result from the withdrawal of all governmental connection -all Us fiscal opera: lions from the Banks, and leaving the States to regulate the curretcv amonsr themselves as they best mav f h is like sfeparating; the' head from - t , - "... - - r .. : - . . the body, and expecting ineirvjoini junctions io be con tiuaed Ibe' 1'restdent says mat the Banks'form a chain of dependence, from one end of ibe country to the biher, and -that it reaches across the ocean and ends in London, the-cenire of tne credit system; abdfwiih this chain: of dependence of mighty .magnitude, tie win nave nothinsr tcrdo, but leave os to tbe tender mercies of the English to regulate oor currency and cred it-- berfecttv undifferent. to oof fate, so that the government and i:s officers get their dues in gold and stiver.. .-.'-. - "' --w " Tbe President certainly looks to a total de struction of all Danks when-be says, "Il ls moreover a principle, ihan which none is better settled by experience, lhat ibe supply of the pre cious metals will 'always.be found adequate to ibe uses for which tbey are leqoired.k 4 bey a bound in countries where , bo other, currency is allowed.' "Like the fabled appearance of. men in Rhoderjck Dhu, it is bnly necessary jo'tctZf, and we shall have a plenty of specie, which .l j j u: il..... seems 10 ue so uear iu no tcciios. -: un uci- looks, or forgets entirely, the sacrifices to' which we must suomit 10 ooiain u in com pet ion wun those countries, where il Is now held. 'It will be first necessary to make the balance of frade preponderate io our favor in order to efTecl this, (ins aid or uann creuit ana our nitnerto noerai and enlightened policy having been dispensed with:) We must submit to the European, and Asiatic prices of labor, their rigid economy', their grinding slavish habits of toil, before.we can soc-. cessfully compete With them In trade, agricul ture and manufactures, or produce a balance in our favor to be discharged in. coin, ' I'o expect a permanence of tbe precious metals from a forced and unnatural importation would be about as ra tional as to attempt a uspenaluQ' of the laws of gravitation."?. '". 1 he President says, "in a country so commercial as ours, banks in some form will prjobably always exist, and thinks the sub treasury will deprive ibera of the character of monopohes, and be a salutary regulator and keep there in checks In this expectation of the continuance or Banks, be may be sincere ; but the recent destruction of these institutions in the District of Columbia. shows very conclusively the wish and intention of his party. The cellectioo of gold and silver in the dues of the United States may have some influence on the banks in the large cities, where large disbursements are made ; and where the oaiance oi trade concentrates, inev mil no doubt be least injured and enabled to exist ; and on rseW York he must have bad his attention fixed, when he made this assertion as to the probable existence of Banks: but to remote pla ces, agricultural and interior States, what other than a deleterious influence can it have, whence the specie most be drained constantly in pay ment oftheduesto ihe United Slates, " without any probability of an invigorating reflux ? ' It is due to the Stale, and necessary to a resto ration of our happy, prosperous, and honorable condition, as far as in our pjwer, to ' mark with unqualified reprobation, Mi is infringement on the rights and credit cf the States this war bo tbe institutions and. capital of the country. For when the accumulation of wealth is the result of industry, economy andskill, it is certainly honorable to the owner ; and whether it consists in land; chattels or stock, is unquestionably en- Banks tyt a Nj pioduce ri v. the country iCj Conspqiiei!(.lS ""'Canifahiis ; lailj uurs, are i: and fuok.w'uh r the Selection i f ; they invest iu ;: con. Lined . are antagonist;;" the one, desfn 3 ers are mana-T- of these Bar.!. of country es 1 of 1 heir own r ficully to Use ! -other, furHl.e i: c-joniry, with . matcly connect. Bank might L;; conscious M i! interfere in f;J its pecuniary r liberties of ih The Banks i . merous Hun i ; Jished in must ; fully employ tj, tnanded by tU they have been pushing and ties of the cu . stand high in t known ; yet v.. finles n circc part cf thta : neighboihuods. Western Stai : doubt, have Li the countrv. ; lse principles result could n titled to the stern - protection of tbe law ; and the person, matters not what his standing or po sition in society, who indulges in the practice of misrepresenting and , detracting from the value 01 euner, oeserves 11s severest iasn. Let os he has bad to issue, from lime io time, Treasury j pat the seal of reprobation on the, unfaithful tffi L. -I 1 Li t- . - I mo. U ..... . L f that slaves Could be purchased fii lees than ! ,? dl9mMon i - druggie in I have twenty dollars apiece in rarfe. and the price "Ik T' a7Z 1 1 ! c j !n l . ... . . deposited with the Males; and, althorgh mselves for Ihem jiniXSubt-1 about three hundred ewa nad sseqoenU, undergone a charge, w, and . and fifty dollars cash. A short time before relueiai.tyf aHnroved the roeasuie. I came on'toe) coast, the shio Venus, of Ha vaoa, look nn board at Gallinas nine hun dred, and aonut eight bundled were landed in Cuba, and, after paying for the vessel and all expense, she cleared two hundred thou sand dolis The lave station are crpnenllt nnnpH hv jrtsa. anact was passed directing it 10 be bis be Foreign; cabiialists, used ta wars and convul sions, watched the operations of oar government with a vision! true to tbeij interests ; and taking alarm at the;jajttack of tbe President on foreign capital, his revolutionary spirit, and daring usur rjatiooa, iiijdrew their fends, in . time, 10 a placauf safet)!. The Banks'turomenced curtail- " Sill ing to meet the provisions of tbe disiriboiiuo act notes, shews how' prep-steroos it is o expect re &al-present, at least, from a scheme on which the government is destitute of tbe materials to operate. j To make this Sub Treasuiy scheme a law, the; State of New Jersey has been disfranchised her legal and official attestations trampled un cer who violates the Constitution in letter or spirit. Let us inform tbe President that we consider ibe purposes , of Government to mean something more important, as the' regulator 0 trade and commerce with the Stales, than merely picking out the gold and silver from the currency, in the discharge of the public does, lo der: foot her sovereignty violated her rights I pay out tohe officers. Tat ihe currency of disregarded and insulted, by ihe friends of the ptesenl administration in the j House of Repre sentatives, by refusing seats in their body to per sons regularly commissioned nnder her authority, and clothed with all the attributes of ber sover eignty. By this act,, every State in the Union has received a blow) which should not be disre garded. By the request of the Governor of New Jersey. I herewith submit the! resolutions of her Assembly on this subject, marked A . the country, 00 matter, of what it consists, must be the medium of exchange, and is as essentia to ' trade and commerce with the States, ' as tbe circulation of the blood is to the animal ex istence, and as necessary to a healthy State, to be tegulated by a central power, as tbe other is to flow from the heart. Gold and silver are tests of the value uf the currency be il what it may, and If so applied, are valuable ; but their t ' 11 - ? luiunsic vaiui is oi scuau consiaeraiioo, com par Vbile tbe lights of New jersey were bejng ed to the advantages of bank ootes, cheeks, and desecrated in the House of Representatives, the Seoate was engaged in passing a resolution gra tuitously refusing to assume j the debts of the Stales, alike insulting to their feelings and inju rious 10 their character. If, under circumstances of peculiar hardship and disifess, a State were to petition Congress to assume ber debts, and Con gress was to do so, it would not differ in princi ple from assistance granted to an ally in distress by war, or to ihe relief afforded Cairaeus auffer ing from the effects of an earthquake, or to New York, when alnost devastated by fire. At all events, a Stale jwould be entitled to a respectful attention and friendly consideration ; but to re fuse witbooi being j asked, is barked with the grossest impropriety; and injustice. The Senate knew that many of the States j were eogatred in improvements of great importance, and depended 00 negotiating loans in Europe to complete them and reqo.red unimpaired creditor advantageous success; which was necessarily injured by that action ot ibe Senate, and Ibe works most proba bly: defeated. . j r ft is true that North Carolina baa no public deb. but it is not tbe less injurious and insohincr to her character, to be told by her servants, (who presented to know,) in ihe Seriate chamber, thai she is unworthy of credit aed such a dec laration by ibe Senate, wheo seen in distant parts 01 the world, wherei negoUatioos for money are sooghi,rnus: be injutroas to hercredit-and prob If LW?ii hi?e dfeted her Object, if 8heKhad atmpted to procure tbe ban" conUmplaied by tbeiaci of your last session. ' rV ' irrC!men Kwe loo thedestroc hlH,ntLa,,k'Jft ol degard of the. Wish fcf f.nnrrrisa nrl ,kJ ?. "" -"- .1U ercantue and bills of exchange, as a medium of exchange. Vvhai power should apply this regulator f Cer tainly ihe United Stales, for none other can. The object to be attained is a uniform cur reney throughout the Union, based on specie and on the credit of the Slates r or of the Uni ted States. How can this be accomplished ?. is the rightful enquiry. I have no fear in the an swer, that it can only be effected by an arrange ment entered in'.o by lav. between the State and Federal Governments, fot improving and using ihe l cal Banks, or by the establishment of a Bank of the United States, with aofficient capital assigned lo each State to supply ' the a meum of notes for the useful and necessary pur poses. One kind of bank notes, oith a specie basis and ample guarantees, can alone meet ihe object and accomplish the purpose'desired. Where, as at present, a large variety of Bank notes, issued from eight or bine hundred Banks, are thrown inio circulation, experience has prov ed that tbey caonot stand on equal footing ac tual and fictitious circumstances will p'roduce degrees of value totally destroying their worth as a national circulating medium 1 would prefer an arrangement by which the local Banks wonld r remoddelled to the estab hshment of a Bank of Ibe United Stales, be cause the renewal of ibeir charters could be made to happen successively, without producing tbe political convolsioo which baa twice atten ded the renewal of the charter of the "National Bank ; because, too, some of the present institu tions could be adopted, and the redundant raerg. ed into them, or allowed lo expire at tbe end of their charters.. " - . : - ?:ioi. commercial parts of the nation 1 th Vr l.V r of .-lilted States, of sufficient law? and contract io ftfc. liZ. h!, t.?!,w?.?f Ptl to supercede all the local: Banks, nimht ' w.mw v mt ui inn nil Til Ln . -v-, . . . 1 - ii cu jiuc ui uppicssiuu, aim uangerous . ..w e,.l(US,rc gpucniij uwneu oy ing to meet the provisions 01 tbe uisiribanuo act I treasure from the ctaee BthrTih . I "'""i ninuguese, WQO ptctenu to pyMiwaj taiscovetedtoatiicotiidooT,wTia of the cosotry diTected.ondf J YSL Z ,awfC8 ! ur political : institutions, wl,icb ihe local J I ' l V ' rkrfbyV:V , cud ot:-.The superceding ! the: ocal the Stockholm-: ted; but that ; to any very , ihose whuh I. ng from exr:::. ness. The rect.7 : coaatry are k. the emnlovrr.1 recent raana more cause to ! lo ihe injury t . ; have sustainr J ; and solid impr, perior, lo any ti The Bat. Is both in funa z: w; when r ments have t '. factures, S3i! c oiber invent! The cperai continuing to ; others, were a : specie paytiir- debis to the i; dealers. TI e disposed to q; acquiesce in 1: not.complai:.: .' dotble interest, t for refosin'' s: 01 m. VI pull I I L 1 to the consiar. t peration by cer; who hope to i ' '. : . : - - 1 a v n 1 1 1 r rr r f. lion from the;r clamor. Ar.J t. have no duwhs these attacks ll18 igoorar.ee l ted lo acquire ( aoch a C'ii;t Banks of this : ihfi slimlr nK it-1 and individuals ft It niicn A .4. ll capital of JNurt'. actually paid in dent to do so, I 1 iiia 1 1 m a 1 r, p 1 r of their capit;.! loans is hn.:: Should they n: ed, the ho'Jfr 1 per cent, inter, required to yay fit may have ; stockholders c! should be rt ; participate ia : . 1 oemg me prep on the indiviJ : This is prett these rnncli l:. ery thing eh? heads ar.d ha:. ' evil, accord ir:,: to operate en t moral honesty, all probability, i agement in t! character, ski 1 i sons whose c; respect, whu c of I3ank capita! neoos. The p ther c'-mpen:: natoral cspaci ed, or if 'un r. . reverse is the f required for ti ficiencj fur in : venieol lano and uesertt i ; poor anu ter.i(' ly occasionally establishments ; most entire! things so? V . those faciliiiei antly affjri'a c i We need r.. resources ci 0 .. . . . . . c-.... 01 ovner o-u.;i , tion. 1 hare t facts. Many : litis olijce to i and Inters a! I contend that . 1 issues, and f Banks had -- ever undersiv II f. ,,r ir. .! i v U11IU VI 'stronger' ar.d r Banks h3J w the sooner Can there tc a in the country. I In the place r r " . at the Bat ki, and 23 per f 'i ' creditors. I process, mere t. lotheStata. 1 discounis at ! New Vurk credit, and if seven per ct.M , regulation cf i Ctbt.
Carolina Watchman (Salisbury, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 27, 1840, edition 1
2
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