North Carolina Newspapers is powered by Chronam.
as related to the question of a National
Bank, and as one highly interesting to the
Southern States particularly, that both the
prices of thur great staples, and those of
property generally, had, since the removal
of the deposites, and the going down of the
Bank of the United States, been higher, so
far as he was able to inform himself, than
they had through any scries of the same
number of years, during the existence of,
the National Bank. Is or was this esti
mate made by the standard of bank notes,
Xyhich were, perhaps, generally, at this
time, at some three or tour per cent, dis
count; but, allowing for the difference be
tween notes and specie, would hold cood.
It was certain that, during nearly the whole
time of the existence of the charter of the
JNational Bank, the whole nlaintns interest
of the Southern States was, with the ex
ception of a few prosperous years, almost
entirely prostrated. That the tariff had a
highly pernicious effect on those interests
he did not doubt, nor did he doubt that the
operations of the National Dank had like
wise greatly aggravated the injury. He
believed, at this time, that the Southern
States enjoyed more real, substantial pros
perity, as a whole, than they had done at
any time since the Revolution, lhat
there was some scarcity of money, and, in
places, some commercial distress, he ad
mitted; but he believed the great mass of
the planters were more really prosperous
Jlnan at aoy lormer time.
Mr. Brown here makes some remarks
-in reply to Messrs. Clay and Rives, and
concludes his speech as follows :
The Senator from Virginia, in making
IT.? 1 f if .
ins puuucai survey 01 puouc senumeni, in
4he different States of the Union, had in
vaded the limits of the State which he in
part had the honor to represent, and con
jectures, from the elections held there in
August last, for members of the Houe of
Representatives, that the majority of the
Slate is agninst the present Administration.
lUr. B. said, without undertaking to de-
cidc what public sentiment was, in that
State, in reference to the policy of the Ad
ministration, he could, at least, assure that
gentleman, that he had formed an opinion
respecting it, on grounds which were very
fallible. It was true, that a majority of
the members of the other branch of Con
gress, elected from the State of North Ca
rolina, at the last election, were in opposi
tion to the Administration, but it was
equally true that a majority of them, in
1S34, were likewise against the Adminis
tration, and that it had continued to be the
case from that time to the present period,
with this difference, that the Opposition
had gained one mo-e member in ti e last
elections than they before had. It would,
therefore, be seen that the Opposition were,
ii 1834, represented by a majority of mem
bers from North Carolina, and that at the
elections of 1835, the same relative num
ber vvas again returned. Never, said Mr.
13. had the great political questions of the
day been more directly carried to the polls,
in the State of North Carolina, than on the
question of his own re-election; and, on no
occasion, had the mends of the Adminis
tration succeeded by a more decisive ma
jority elected to the Legislature, the great
question of the removal of the deposites
then being before the people. According
to tho modern Whig logic on the subject
of instruction, which assumes every rule
to instruct representatives but the right
one, it would have been his duty, because
a majority of Opposition members then
represented North Carolina, and were re
elected at the next year's elections, to have
considered himself instructed then, and to
-have resigned his seat, or have united with
the Opposition, although just re-elected by
so large a majority. His colleague, who so
"Ably and honorably fills a scat in this body,
was likewise elected to it when a majority
,of the members, in the other end of the
Capitol, from North Carolina, were op
posed to the Administration. Mr. B.
.Said, in io State in the Union were the
great body of the people more inclined to
re-elect their Representatives, even some
times of opposite politics, than were the
people of North Carolina, in their elec
tions, politics were not always made the
Only test, as he believed they were not in
gome of 4.he recent elections in that State.
There had been no public meetings, as
far as he was informed, in North Carolina,
on the important questions now before the
Senate, execptin the single county of War
ren a county long celebrated for its ster
ling Republican sentiments, and whose
citizens had long been the .'friends and
neighbors of that illustrious-friend of civil
liberty, the I a to Nathaniel Maoon. A
nore spontaneous and -unanimousiexpres-sion
of sentiment never vvas ..given, by the
people of any one county, in favor of a
measure, than, he learned, had, on that oc
casion, been declared, by their resolutions,
in support of the present great measure pro
posed by the Administration.
In relation to the right of instruction, he
would gay now, as he had on other occa
sions, that none respected it more than him
self, and none would more readily yield
obedience .to it; or, if he could not, consis
tently with his views of the Constitution,
carry out such instructions as the Legisla
ture of his State might choose, at any niC
to give him, he should consider himself
Xipund to return his trust to those who be
stowed it, lhat their wishes might be repre
sented by others, of like sentiments with
their own. He had never considered him
self, on any principle as to the right of in
struction, bound to go in quest of public
opinion, in discharging his duty here, on
the great questions that come before him.
In the absence of instructions from his
Legislature, he made it a rule to pursue
the dictates of his own judgment; but when
resolutions should reach him, if any such
should be. at any time, passed, they would
either be obeyed, or a resignation of his
seat, in the Senate, would be the only other
alternative. In relation to the great right
of instruction to Senators, no other rule
had ever been contended for by the Re
nnhlie.nn nartv. than that which he had
v , j ,
He congratulated Senators, in opposition
who now expressed so much exultation, at
the instructions lately given to some of the
friends of the Administration, on their im
proved doctrines, on the -subject of that
great Republican principle. The ready
obedience which had been paid them by
the senators instructed, was not a mere
profession, but it formed an essential part
of the political creed of the party to which
they belonged. How great was the con
trast, and how striking was the degree of
resncct naid to their constituents, in the
conduct of the friends of the Administra
tion now, who are instructed by their Le
gislatures, and thatof Opposition members,
some years since, under similar circumstan
ces! In the one case, it was obedience,
respectfully given; in the other, disobedi
ence, sometimes accompanied with reflec
tions on those who gave them. 1 his es
sential difference, on a great question of
popular liberty, cannot fail to attract public
attention, in deciding the question as to
which of the two great parties is hereafter
to administer the Government.
Mr. B. must again repeat the opinion,
that the issue now made up, before the
country, and which it was called on now to
decide, was substantially one, involving
the important question, whether the peo
ple or the banks were to rule, and whether
the nation was to continue to govern itself,
or to transfer its power, in effect, to irre
sponsible moneyed corporations. If the
Administration is put down iri this con
test, he should consider it as tantamount
10 a ueciarauon to me woritj, mat the voice
of freedom is extinct in our Republic, and
that the national spirit has inglonousiy
succumbed at the sordid shrine of thmo-
ncyed power. 1 he most renowned repub
lics in ancient times, had most successfully
maintained their liberties, so long as they
had taken for their guide the principles of
an elevated patriotism. So long as this
spirit had prevailed among them, they had
maintained their independence; nut when
they were overtaken by the debasing feel
ings of avarice, and had yielded to their
influence, their declension wafi rapid, till
they had fallen into the arms of some ty
rannical master, because they were unfit,
longer, to govern themselves. The true
way, not only to preserve liberty, but to
preserve property, is for a nation to act on
the high and honorable principles of our
nature. Yielding great principles to mere
momentary events, from selfish motives,
ami a fear of meeting consequences, is, in
most cases, in t.u end, but the sacrifice of
permanent future good to a mere temporary
benefit, and is, when considered as a mere
question of interest, a great error. When
the Romans, in the last days of their dege
neracy, were -invaded by barbarian adven
turers, and endeavored to purchase peace
DV p:jngmem targe sums ol money, they
but invited their return, with increased
strength, to sack and overrun their coun
try. For the American people now to
submit to the demands of the banks and
their partisans, is to render their rights and
interests, hereafter, more insecure, by thus
inviting new demands on them. Now is
the time not by any violation of their
rights to resist and weaken that great
power, by the measure now proposed.
If, sir, said Mr. B. the banking interest
prevails in the contest, the unavoidable
consequence will be to bring the high tariff
and old Federal parties into power. Indi
viduals of that party, who have been under
the ban of public opinion, for their Dolitical
misdeeds, for years past, will begin to look
for their restoration to power with as much
anxiety, as did the royal French emigrants
ior me resiorauon ol the Bourbons to the
throne of I ranee. Even the survivors of
the old Hartford Convention may become
inspired with new hones: and Abolition
will no doubt join in doing honor to the
occasion, with increased hopes of accom
plishing its fatal purposes.
He now considered it his duty to notice
some remarks which had fallen from the
Senator frcm New York, Mr. Tall-
m.iue, uaving allusion to the future pros
peels of the present Administration, in re
0.-. - oc.inujui. in remarking
on the residts of the late elections, in the
aiaieoi iew York, that gentleman has,
hi empuaiic language, warned the present
v..mei .jgisiraic, uoless he changed his
course, to beware of the Ides of Nnvom
her, lS40,Mr. Tallmadge, having obtain
ed permission to explain, said thai he had
referred to the next Fall elections Mr.
B. resumed, and said that although he had
misunderstood the Senator as to dales, yet
his remark did not, with the less force,' ap
ply to the great issue, which was now'rna
kiug up on the next Presidential election,
and was to be considered to be intended'
as a warning to the President of the Uni
ted States, to beware of the fate which, it
's intimated, then awaits him. In reply
he could onty say, that if the State of Ne w
York, great in resources, great in tntelh-j
gence, and equally ciisunguisneu iur
high and patriotic Dearmgs, in every uhu
cult crisis, gave way and yielded in the
present great contest, that her sons would
be forgetful of the principles, and of. the
revered Republican names, which had so
hichlv adorned her annals. That it would
mark the extinction of that sacred spirit of
liberty and of valor, which had won for
her the never-fading honors of Saratoga,
where the tide of war in the Revolution
was first successfully turned against
nroud and powerful invading army.
Mr. B. said that the period which mark
ed the greatest degeneracy of the Roman
empire, before its final dissolution, was lhat
in which the office of Emperor was set up
to sale by the praetorian bands, and the
successful candidate borne to me imperial
throne on the shields of amercenary sol
diery. If, at this early day, and in the
youth of our Republic, the present Chiel
Magistrate is to be driven from power, for
the high and honorable stand that he has
taken, in behalf of the rights of the people
and the Constitution, it will mark a dege
neracy in our country, equally rapid and
ominous of the fate of its free institutions.
Borne to the Presidential office by the
praetorian bands of the banks, his succes
sor would be but the honored tool of the
moneyed power, which had triumphed over
It had, said Mr. B. been the fate of the
ancient Republics of Greece, to loose their
liberties at the fatal battle of Chcronea.
The Republic of Rome had lost its liber
ties at the equally disastrous battle of Phar
salia; but the heroic deeds of the brave men
who fell in the struggles for them, in both
countries, yet lived in fame, and the pen
of the historian had immortalized them.
But what would be the sentence of the fu
ture historian of-this country, who should
record that our young Republic had been
iugloriously conquered by the moneyed
power, and had, thus yielded up all the
laurels which its fortitude, wisdom, and
valor, on all great occasions, have won for
it? He did not, however, indulge in gloo
my anticipations, as to the result of the de
rision ol the people, on the great questions
now at issue. On the contrary, he saw
nothing, either in the times, or in the cir
cumstances of the limes, to discourage the
mends ot tree Government: but everv
thing, in looking t the past history of our
country, and its capacity to rise superior
to ditiu ulty, to presage victory, and cheer
its friends with the bright promise of ulti
mate triumph and reruin success.
SATURDAY, MARCH 31, 1833.
tt7We invite attention in ihe Speech of
the Hon. 13. Brown, on the Independent
Treasury bill, whirh occupies so large a
portion of our columns. It will be perused,
doubtless, with the greatest satisfaction by
the Democracy of this State, who will ex
uhingly point to this speech, and to that of
the Hon. R. Strange, as correctly repre
senting their views on this all-absorbing
Independent Treasury This bill
passed its third reading and was ordered
to be engrossed in the Senate on Saturday
night last, at 9 o'clock, by a majority of
I WO votes.7 to 25, as follows :
Iras Messrs. Allen, Benton, Brown
Clav. of Alabama. Cnthhprt
bard, King, Linn, Lumpkin, Lyon, Mor
ns, ronton, iiles, Norvell, Pierce
Koane, Robinson, Sevier, Smith, of Con
necticut, Strange, Trotter, YValker, Wall
Williams, Wright, Younc 27.
AW Messrs Bayard. Buchanan. Cal
houn, Clay, of Kentucky, Clayton, Crit-
leuuen. uavis, Orundy, Knight, McKean
Merrick, Nicholas, Prentiss, Preston
Rives, Robins, Ruggles, Smith, of li.dl
na, Southard, Spence, Swift, Tallmadge,
ijjiuii, eusier, ivime- uo.
r . .
rrevious to its passage, on motion of
Mr. Cuthberl, ofGa. the 23d section, (Mr.
aiuoun s amendment) requiring the reve
nue to be paid in specie, wag stricken out
by a vote of 21, to 31, Messrs. Brown
and Strange voting in the negative.! Mr
... uSici men imrouuced a clause to fill
the vacancy, which in effect prohibits the
Secretary of the Treasury from making
-.y injunction between the different
branches of ihe public revenue, as to the
Kind of funds, or medium of navment
which ihe debis or dues accruing ir th.
f1 .... O
government shall be paid: which oassed.
ayes 37, nays 14. Mr. Calhoun then roP
and announced his determination to vnt.
against the bill, as the striking out the 23d
section would be in effect to rwinrp .u
deposite bank system, and the bill without
that section "will be as great a farce as
wag ever d!
t - v - y vuumry, 4. ne
engrossed bill will again come before the !
Setiate, and we trust that the specie provi
sion will be re-inserted ; we cannot but re
gard this as the rnost important and salu
tary feature of the bill.
In the Senate, on the 19th inst. a peti
tion was presented, praying Congress to
nmnnsp 9 L'onirress of Nations for the
preservation ol peace.
Mr. Morris presented a resolution in
structing the committee on the Judiciary
to inquire whether the laws in regard to
the slave trade, were sufficient lo prohibit
ilmt traffic between this country and
Texas flaid on the table, 32 to 9 votes.
On ttie21st a vote was taken on Air.
Rives's substitute for the Independent
Treasury Bill, which was rejected 30 to
In the House, on the 19ih, several peli
lions were presented, praying for the ex
pulsion of all who were concerned in the
late duel, which were referred to a seleci
committee on the subject.
On the 21st, a resolution was agreed
to, calling for information relative to the
capture ol Indians, by Gen. Jesup, under
a (lag of truce.
On the 23d, the bill making appropria
tion for the Civil and Diplomatic expendi
tures of the Government, for the year 1 838,
was taken up, and is now under discussion.
Mn Cambreleng has reported a bill for
the re-issue of $10,000,000 in Treasury
CTThe Whig members of the Legisla
ture of Louisiana, held a meeting on the
12th inst. and appointed ten delegates to
represent that Stale in a National Conven
tion to be held hi Philadelphia on the 4lh
July next and recommended the nomina
tion of Heury Clay of Ky., for the Presi
dency of the United Slates.
Our State Capitol. We find the fol
lowing Communication in ihe last Stand
ard, in reply to certain questions asked by
ihe Cditor of the Carolina Gazette :
RaUigh, March 19th, 1838.
Mr. Lorlug: Dear Sir With regard to
the Questions in ihe Carolina Gazette,
which you handed me today, about when
this State Capiiol is to be finished, as well
as ihe sum already appropriated and how
much more will be required to complete
it; I can reply to only one of them in a
satisfactory manner; that is, lhat ihere
have been $395,000 appropriated by the
Legislature, all of which has been expend
ed on the Building to about $15,000; so
lhat it will require about $20,000 in or
der to carry on ihe work with the same
spirit till the meeting of ihe next Assembly.
In the meantime, the workmen are busily
engaged wiih ihe gram arching which
lorms at once the ceiling of the Executive
omces as well as ihe floor of ihe Halls.
And I may mention that besides ihe force
employed on the Square and Ouarrv.wp
have arlizans employed modelling Plaster
Enrichments; wood Carvers, carving Mol
dings and capiiols of Columns; Cabinet
ana vnair makers about Furniture; Iron
Founders, about cast iron ornaments; and
aiso that the doors and windows bein,"
".ue, we nave the glass as well as the stair
railing on the Square, as well as other ma
terials, in short the Commissioners have
not lost a moment in forwarding the ope
rations of this great work, with which they
are entrusted by the Legislature.
I am, Dear Sir, respectfully,
T" . -r .
ape rear uanlc. lbe Branch of the
Bank of Cape Fear, for this city, com
menced operations yesterday.
A'ew Hampshire Elect ion.-Gov. Isaac
tint, ihe Democratic candidate, is elected
by upwards of three thousand majority.
I he New Hampshire Patriot sayS lhat
eight of the twelve Senators are demo
cratic, and lhat there will be from 20 to
30 majority on the same side in the House.
07The Western Carolinian of the 23d
mst. states that while ihe Superior Courl
was m session in Salisbury, on the Wed
"esday preceding, Mr. Richard B,rhp. .
juror, was visited with a si-m,- r
nlexv. whirh . .. V."oc.ul aP
':'.'V ":u ins me in a few
Mr. Barber was a wonhy man
ana a most exemplary
Episcopal Church. ib.
member of the
IKlmington Raleigh Rail Road.
We learn that bv thp fi-f. r m "
ihoct ' t.T , i ii.
;a ..i : . 4 U1 wiayt al ar-
chys, 3 m,!es abov i?l,u
miles from Wilmin " r
thereafter. ?. "' v,,e monll
J..v a . ",u,c u" me ist of
5 more Thi -7 of AB,
.re' , Th,s WH make 59 miles and
a'eVhe "oss roads from Faje teville
to Duplm Old Conr. h- r?i . ,e
ed tl! whhas recently traVeU
Chte l-r "yt""Wy de
'Sbted with our lin? ;of l R
and Steam Boats. If the road t1A(
i i ? .i ' -...i t i . ue Com.
pieieu in me fcivic in wiucn it haj u
pnmmrnrpil. it fertatnlv will
.. . v uc ine
splendid roaa in -me country. The
sengers were all highly pleased wiib
speed and force." ltl
Wp nrp informed llmi AH t.
I f .1 I , entI
paid in by individual stockholders, and ?
ment is now called for, and of course
be promptly granted, and the work on t
road will be prosecuted with vigor. 1 '
(T?-At the March term of the Soper;
Courl for Orange county jQsl c,ns
Judge Toomer presiding, Juba, a slaved '
longing to Isaac Griffiths, was
for a rape committed on a young h",
woman, convicted and sentenced i0 i
hung on Friday ihe I3ih of April next '
G7The first ground was broken at C0.
loinbia, S. C. or. the 9ih inst. in ihe greaj
enterprixe of the Louisville, Cincinnati
Charleston Rail Road, on which occasion
the President, Gen. Hayue, delivered aa'
able Address. ib.
G7Col. Stevens, of Hoboken, N. j
died last week, and w as buried with great
honors. He was the next in steamboat in,
ventions to Fulton, and built the second
boat that ran on the Hudson. He was ike
oldest and probably the best Mechanist ia
this country, and is well known as the ok.
ner, with his son R. L. Slevens, of the bey
boats on the North River. On the da?
of the funeral, the flags of ihe different
boats running, and of alt those lying at
wharves in New York, were displayed at
half mast. x'6.
The price of Cotton At New Orlearu,
on Wednesday last, the 14th, 1 ,307 bait!
were sold, at the low price of from 73 io
9 cents. On Thursday, 1,391 bales st
from 75 to 9.
At Charleston, the sales last wee!
amounted to 7,411 bales, at from 7 toll
cents mostly at 9, 95 and 10.
The sales here, during the past wee';
have been from 7 to 81 cents.
Tobacco has risen in this market: a salt
of 50 hhds. yesterday at a considerable ad
vance. ray Obs.
Mississippi. A bill to release ihe banks
of Mississippi from "damages on nrotesieii
paper, passed the Legislature of that Stan
recently, and was vetoed by bov. McNott
Both Houses were very much inrenseda!
the Governor, and came to a determination
not to sustain him in his course, hill;;
House, thereto was nullified by avoteai
37 yeas and 9 nays. On the vote being
declared, the Legislative Hall rang with
the most deafening manifestations of joy,
In the Senate, the veto was rejected by a
vole IG to 5.
C7The New York American of Wed-!
nesday publishes a letter from Boston,!
said to be from the highest authority;
which states that the Banks of Boston are
ready to co-operate with those of Ne
York in the resumptionof specie payments.
Baltimore Banks. Wc observe by
official statements that the Banks in Balti
more owe to New York near seven bar,'
dred thousand dollars, which sum is wifnis;
two hundred thousand dollars of specie
their vaults. To meet the claim, we lean
they have a large sum due them from Vir-,
ginia and other Southern Institutions, and
will be prepared to adjust their balances
whenever a general resumption shall tat!
effect. This, it is thought, will not be de
layed beyond DO days after New Yori
shall set the example. j
U. S. Bank. The N. York Journal i
Commerce says: "We learn that at ths
present time just about half the stock oft!
U. S. Bank is held in Europe, and as the
riJl-'u i vi me snares in London p-w
a good profit on the price here, and theli
accounts from there warranted the expect i
tjon of a further advance, it is probabla
that a good portion of what still remain
here, will be moving off.'
The Patriot "whereabouts." Dc. Dun
combe, the expatriated Canadian, address
ed a large assembly at the Theatre at Co
lumbus, (Ohio,) on the 13th inst. Mr.
Alackenzie is about to establish a papers' t
Philadelphia. Drs. Cole and Nelson are
n errnont on bail. Generals Sutnerl
and Van Rensselaer are in prison.
c... ouinerianu attempted to bleea
himself to death on the 13ih in prison at
will be tried when strong enough, ani
there seems to be little doubt of his fate.
Ihe examination of Gen. Van Rensse- j
laer, before Judge Conkling, U. S. Court j
at Auburn, has closed, and for want or j
bail the field marshal has been transfer
to Albany Jail. A, y. Star. j
Fearful Accident While tlie I
UIIU WU5 lound npnrlv nnne. Uc
steamer Sir William Wallace was f
going round Dauphin Island on bef
passage from Mobile to New Or- f