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SATURDAY, AUGUST 23, 1S40. Democratic Itepublican Stale liights JVoni illations. FOR PRESIDENT, MARTIX VAX BFJREX. FOR VICE PRESIDENT, RICHARD ill. JOIISSOX. ELECTION RETURNS. We publish below the votes for Covrr nor given to Messrs. Saunders and Moie head in 1S40, and to Messrs. Spaight and Dudley in 1836, which was the l;it party contest for Governor. Morehead's present majority is 5327, which the further returns will probably somewhat reduce IS 10. - Counties. Saun's. Anson, 422 Ashe 40 Heaufort, 363 Bertie, 468 Bladen, Brunswick, Buncombe, 341 Burke, Cabarrus, 395 Camden, 91 Carteret, 2S2 Caswell, 1137 Chatham, 603 Chowan, 203 Columbus, 2SS Craven, 643 Cumberland, 952 Currituck, 528 Davidson, 470 Duplin, 766 Edgecombe, 129S Franklin, 636 Gates, Granville, 760 Greene, 256 Guilford, 469 Halifax, 446 Haywood, Hertford, 231 Hyde, 179 Iredell, 1622 Johnston, 611 Jones, 121 Lenoir, 3S6 Lincoln, 2056 Macon, Martin, 574 S1G 483 110 m. S55 1S5G. pa't. 274 431 236 4S9 315 124 533 1 0 1 2 376 755 336 324 359 1 194 in the Legislature on joint bJlot will hi about 15. ... In Indian.-, the Federal wb.gs have car ried a .mjoritv in the Legislature, and also the Governor by a majority estimated from 4000 to 6000. And, in Kentucky, the whigs have also succeeded by increased majorities. I'OU TUB TAIIHOKO' PItCSS. 119S m. 516 Mecklenburg, 1201 Montgomery, Moore, 517 Nash, 791 New Hanover, 899 Northampton, 5t9 Onslow, Orange, 1510 Pasquotank, 222 Perquimons, 124 Person, 583 Pitt, 519 Randolph, Richmond, 79 Robeson, Rockingham, 1000 Rowan, 870 Rutherford, Sampson, Stokes, 840 524 448 270 1075 292 242 671 621 150 1403 234 111 3S3 873 304 2211 622 395 457 334 574 212 265 933 244 9S4 227 49 243 1067 627 168 185 669 800 419 69 754 1191 564 171 m 391 275 475 465 459 264 15S 226 672 121 3S5 1674 450 519 1095 425 371 116 932 343 210 268 499 70 1219 300 71 308 963inaj. 93 Surry, Tyrrell, Wake, Warren, Washington, Wayne, Wilkes, Yancy, 723 1190 978 41 1157 705 96 777 22 m. 560 73 219 513 1662 660 491 272 625 945 m. 112 672 60 32 m. 508 533 S4 6 1613 117 1106 m. 58 S 473 666 1167 802 1129 1035 515 679 730 239 513 1 132 259 49 498 510 427 1030 SS 379 263 25 891 673 34 716 1268m. 158 542 31699 37026 30637 35395 So far as heard from, the Republicans have gained 1 member of Assembly in Co lumbus, 1 in Greene, 1 in Craven, and 1 in Sampson; but have lost 3 in Halifax, 1 in Bertie, 1 in Northampton, 1 in Gran ville, 1 in Currituck, 1 in Cabarrus, 3 in Orange, and 1 in Moore being a Republi can gain of 4, and a losiof 13 members. (JJvVe have not yet received returns from all ihe counties in this Slate, as will be seen above, but enough is known to make it certain, that the Federal Whig candidate is elected Governor, and a whig majority in the Legislature. Perhaps wo may be enabled to give full details in out next. Morehcad's majority in this Con gressionui district is 3 43 in 1836, Dud- ley's majority was 219, yet in the Presi clenlial election, same year, Mr. Van Buren received a majority of 24G over Jude White. We are beaten, it is true, but not discouraged; wc will rally again in No ember next, and give our opponents ano ther trial, we confidently hope with bett success. The result of the elections in Alabama show that the popular vote is with the Ad- Observations on Mr. Badger's Gran ville Speech. No. 5. The object of the slatemenls in 1 he last number, fellow citizens, was to show the effect of a National Bank (with its influ ence over the numerous State banks,) upon the prosperity & condition of the country. I have accidentally laid my hand on Mr. McKay's speech (in the House of Repre sentatives, 22nd April last,) which can not fail to enlighten public opinion on this subject. It contains a table of imports and exports from 1825 to 1838 inclusive, de ducting only theoreign goods re-exported, the accuracy of which will not be contes ted. Taking a series ol 5 years, trom 1 825 to 1S29 inclusive, wo find the gross im poits 280 millions, the domestic exports 2S9 millions, showing a gross balance in our favor for Sycars ol'9 millions of dollars; et it was satisfactorily shown that in this year 1829, the mixed debt of the U. States was oneof considerable magnitude. Taking j the next series of 5 years, 1S30 to 1834 inclusive, in consequence of Bank expan sion, notwithstanding the distressing con tractions of 1833 and subsequently, the gross impjrts were 405 millions, the do- 2257 mestic exports 33 U millions, leaving a gj.jigross commercial ueoc agauiM us ui i millions. the remaining lour years ot this table, 1835 to 1838 inclusive, show the gross i;rpo:ts 518 millions, the domes tic experts nearly 399j, leaving a gross balance against us of 11S millions. To the imports of these four j'ears add the im ports ol 1839, 162 milions, and we have fur the amount of imports for these five years, 6S0 millions; and byr adding tile ex ports of 1S39 to the four years exports, viz: 121 millions, we find the domestic exports for the 5 years 520 mil lions. But let us put together the last 10 years (since 1S29) viz: 405 more 680 10S5 millions ol imports. Let us as sume the average of 1 6 millions per annum re-exported for 9 years, we have the im ports since 1S29 equal to 1229 millions of dollars, tho' far below the truth. In like manner by addingl41millions to the exports also, we have 999 millions for the exports ending Sept. 1S39 leaving the gross bal ance against the U. S. of 230 millions. If we add to this the foreign debt of the States, estimated at 200 millions, we need not wonder at our snail like march to pros perity, or that we should be taunted by the learned Whig orator with the unsound ness of the country at this day. But it is proper to take into considera tion an important fact, which challenges contradiction. At the period of our deep est distress, nearly all commercial Europe was laboring under similar derangements of trade and monied affairs, &. from similar causes, over-banking and over-trading. France, with the best currency in the wot Id, was suffering under intense em barrassment; but from her wise system of manag'MMent was the first to recover. The great Bank of England was "shiver ing in the wind," acknowledged her ina bility to control and regulate the numer ous country Banks at home. The mania of speculation and baseless enterprise had been universal. The English manufacturers had encouraged American importations to the verge ot tolly and desperation. The English bankers had invited and encour aged discounts, and made advances upon every thing bearing the remotest affinity to American exchange, stocks, bonds, credits & promises, reaping immense profits on the use ot their credit by interest on acceptan ces, advances, commissions, &.c. Our own banks, by the indiscriminate issue of their paper rag-, encouraged every moneyless swindler who could lind endorsers in eve ry species of adventure. Hundreds or thousands of persons in our Atlantic cities, lossessmg neither intelligence, .capacity, or honesty, became importers to the amount of millions, relying on the buoyan cy of the "credit system" and the con vertibility o! irredeemable paper rags into European cities (at whatever cost) to make fortunes in a day. Was the public domain to be plundered. and the people robbed of this sacred fund for the future emergencies of Government? Ihe banks were ready to assist the villany by manufacturing millions of their notes for the accommodation of the public rob- x-... uv. i.vji. a auuscu specie circu lai arrested this swindling, but not before millions of acres had passed into their hands. Was the crop of cotton, fiour, pork, poultry, eggs, even the poor negro's gumbo peas, the objects of speculation New batches of bank rags were abundant ly supplied. Were, heavy investments, in State stocks, bonds, rail road stocks, &c. resolved on by the banks? The ready manufacture of bank rags gratified State extravagance. What, I ask, fellow citizens, could have produced or given birth tot., is wholesale insanity? A National Bank leading the State banks to a glorious har vest ol plunder of the community. What cuuiu nave ministered to this ceasele,! 977 171 1145 565 143 376 450 1284 364 228 192 695 275 251 869 1018 312 102 221 601 252 1237 491 479 230 4 S3 1000 G17 409 300 1642 147 s 419 828 SS3 339 SGI 92 377 180 1 1 34 110 er dition of the country. His brother whig; Mr. Morehead insists (very properly too) that over-banking and over-trading was the cause. This precious confession is "prima facie" evidence of the intelligence and honesty of the candidate; but we are compelled to set it aside for two strong reasons: First, because we cannot help be lieving that the confession would not have been made if he had been able to sustain the opposite opinion against his able and intelligent competitor, Gen. Saunders; and secondly, because he supports for the pre sidency, Harrison, the very man who is pledged to re-produce all the very causes of distress ami ruin to the country. The safest course is to suspect both these gentlemen, and believe ntither of them. Mr. Van Buren entered upon the man agement of public affairs at a most unpro p'itious moment. He had given to the A meriean people pledges of the most solemn and interesting character, which were to govern his public course and which the pu rest virtue, w.sdom and patriotism have de termined him to preserve sacred and invio late. These pledges were universally un derstood by the great mass of the people, and approved by the Democracy of the Un ion, before his election, and formally re peated in his inaugural address. They'gave the assurance that the general policy of his illustrious predecessor in office would be sustained, but he was particularly pledged to exercise the veto power on any bill from Congress to charter a National Bank, or on 'any bill whose object was, in the remotest degtee to interfere with the question ol sla very as recognised by the constitution of the United States. That an administration openly avowing as the basis of its action the preservation and protection of tq ial rights and a true construction ol the constitution, should . . . . . II I . I 4IT. ! .... . . A . .1 150 millions of the irredeemable circulation j nave rouseu 10 nosiimy aim suing 10 mau of irresponsible banks; such are the absurd ; ness a desperate combination of political charges of the whig party. Will they be j factions, resolved on revolutionizing the believed? Are these charges true? No, is government and on changing "in toto" the indignant reply of every honest and in-, tuo ehara-Mer of our republican inslitu-.-.iii.mni m.n nnt nptnntpff hv nart v m.i H r. I tions, it would be difficult to believeif we UlUtuo J I J !- I continued the paroxysm lor so in my years? A National Bank as the leader, ami ihe State banks as willing associates, pre paring a mighty ruin which was to show the people the' indispensable necessity til "a National Bank". Through all these hos tile attempts against the government and the people, these banks have received the unswerving co-operation of the political narlv called Whig-!. The distresses of the country dining Mr. Monroe's administra tion have never been ascribed by thcwlugs to Mr. Monroe. The continued distress during Mr. J. Q. Adams' administration is not charged bv the whigs as the ellect of his measures, because the action of the banks wast hen theacknowledgcd cause. But the action of the banks during the adminis tration of Genl. Jackson, an hundred fold more deleterious & fatal, had no agency in producing the general ruin, say the whigs. No, repeat they with incessant clamor, (the "eleven years") administration was the cause of all the distress of the country, and so sings the learned Granville orator. Let us specify some of these charges. Thev aver thenTsubslantially that the(eleven years) administration was the cause of the "reat expansion lrom lboO to lfcJ, mai u was the cause of the further expansion to An 1S33: that it was the cause of the dis tressing contraction which immediately suc ceeded; that it was the cause, of the immense paper circulation and expansion of 1835 &. 1S36; that it was the cause of the insane and ruinous importations from abroad; that it was the cause of our immense commer cial debt; that it was the cause of the ruin ous foreign debt of most of the States; that it was the caue of our bloated "credit sys- tem,"thatel:istic garment that fits all sizes of speculators &.swmdlers; in short, that it was the cause of all our over-banking, over-tra ding, & the inundation of the country with. nity and falsehood. As well may the ad ministration be charged with the distress es of all Europe. The true causes of the unprosperous condition of the country can not be mistaken; the trace to the influence and exertions of banks and of the Whig party, is as clear as a sunbeam. The real cause of all the distress, commenced with the efforts of the "National Bank" to wrest from Congress, a compulsory renewal of its charter; and after the veto to compel the restoration of the deposites. After the expiration of the charter, the hope of a Na tional Bank was not abandoned; and the effort which the mongrel partyjsnow ma king for the election of Harrison, (their in strument to procure one.) prove their hope stronger than ever. For this purpose the banks will continue to afflict the country with all the distress they can contrive or effect, and prostrate anew (if in their power) the energies, the industry and prosperity of the whole community; tor this purpose has possessed a less perfect knowledge of the base and wicked principlesol the misnamed whig party of ihe present day. The great fedeial or aristocratic ptrly, the great mo nied interest or banking power, ihe aboli tionists, conspicuous for their inextinguish able hatred of the South, and their undis guised determination to annihilate the constitution and the Union, the miscall ed conservative party, the political anti-masonic party, and strange to say, rome of that party calling themselves Slates Rights men these factions, assu ming the name of whigs, pledged them selves to an unrelenting war against the administration of Mr. Van Buren to over throw it, and to bankrupt the government at the risk of uprooting the prosperity and order of the community and the destruc tion of the Union. Scarcely had Mr. Van Buren entered upon his arduous duties, when the mighty ruin which the banks had been for years muurtntioo, .nd the BepubUcan majorit, despite extravagance and adventure; and the learned orator delivered his Granville preparing, approached its consummation speech, and for this purpose is the sobir;and the bloated bubble of the -'credit sys quictof the people of the Slate disturbed j tern," which the Banks had inflated to its and insulted with hard cider, drunken , utmost tension was on the point of explo proccssion, log cabin mummeries, andjsion, ready to scatter desolation through bacchanal orgies. Judge then, fellow j the whole extent of the Republic. The citizens, whether the positions of the j n.outh of May 1S37, introduced the dis- iearned orator are true or talse. 1 he j trcssmg c .tasiropne. Mercantile- credit dilemma is presented to the learned gen-j was annihilated, all confidence over tleman, cither to preserve the reputation of thrown, and the banks from Maine to his intelligence at the expence of his ho:i- j New Orleans found a safe haven in a tri es'y, or of his honesty at the expence of umph over the laws of the country in a his intelligence. J general suspension; but grasping in their But Mr. Van Buren has succeeded to clutches more than 30 millions of dol'ar all the delinquencies of Gen. Jackson and ! belonging to the people, that fund collec to tenfold vituperation. God knows, the; ted from the pockets of the people which learned orator has loaded him with sins j was to defray the expenees of government enough to "sink a navy," without binding; and which the)' refused to pay. on his shoulders those of his predecessor, j Now commenced the combined war up Whatever sympathies the learned orator j on the administration the most tremen indulges for the poor man, his poor wife j dons attacks were aimed at the financial de and poor children, for the loss of "the re-1 parlment, with a view to subject the gov freshment of a cup of coffee," (which by j eminent to the dominion of the banks, to the bye was but a rehelorical loss,) we j force its revenue once more into their will do him the justice to acquit him of j vaults, to seizj on the specie of the coun- any for democratic presidents. Vet it seems to me, or I dreamed it, that this same learn ed orator, was among the first to advocate the pretensions of Genl. Jackson. Well, well, this a changeable world! Who kno ws but the lights of the gentleman's counte nance may one day, shine again upon the old patriot? The old soldier may console himself like "Costard" in the play: "Wel come the sour cup of (not coffee, geutie reader, but) prosperity; affliction may one day smile again and until then, sit ye down sorrow." It seems that the unpardonable sin of Mr. Van Buren is that "he has followed in the footsteps of Genl. Jackson:" and of the old general, it must be supposed, because "he did not follow in the footsteps of Mr. J. Q Adams, perhaps in building "light hous es in the skies," or in his other "beautiful visions," which at this day might have brought us the blessing of a national debt of 300 or 400 millions of dollars. But we have another prominent whig,anotherlover of Jackson, even once a Jackson elector, who hates Mr. Van Buren with the same holy hatred for the very opposite reason, viz: Because he has not followed in the footsteps of Genl. Jackson." This is no other than our itinerant would-be gov ernor, Mr. Morehead. 44 Who shall decide when doctors disa gree?" Strange as it may appear, there is another point in which they disagree "far as the poles asunder." The learned Granville orator insists that the ''eleven years" admi nistration is the cause of the distressed con- try lor exportation to support the credit of the banking power abroad, ami to fill the country with irredeemable shinplasters to drive the government into an inability to meet its fiscal engagements; in short, to reduce it to bankruptcy or insolvency. But Mr. Van Buren, cool, collected and unmoved, beheld the rising tempest with the wary and sagacious eye of the practi sed mariner, met the shocks with temper ate firmness and proceded calmly in his duty "to see that the laws were faithfully executed." Proudly did he sus'ain the varied assaults of the combined factions upon the "national credit," and trium phantly has he rescued it. It is unnecessary to detail the strata gems of the banks and the entire whig par ty to viliate the currency, to discredit the treasury notes, to embarrass the govern ment, and to perpetuate the suspension; still less to remind you, fellow citizens, of the reluctant resumption of payment by the great Regulator, and the stcond resort to suspension in less than IS months, un der the auspices of this same swindling Regulator in the fall of 1839. Let us, however, do justice to the magnanimity and patriotic services of the New York Banks! They boldly and honestly stood out against the threats, seductions and blandishments of the great Regulator, the defenders and preservers of American credit both at home and abroad, and the ef fectual shield both of the people and gov ernment, against the vast ruin projected by the whole whig party. The attitude of these hwnk is indeed patriotic ariri , ous. While the country stands ' y' to their fidelity and just'ice f0r 4 et.ee of the national credit at this also indebted to ihern for a useful 'J trutH, never before demonstrated1 t a National Bank is not necessary tl fiscal operations of ' government" Posterity will scarcely believe on ' ing the history of our day (thought ' (act were even recorded by the elo pen of a Bancroft,) that the destinies 0p-! great Republic, were well nigh placed- i the nanus anu at tne arbitrary will obscure individual.who with the vanir - 31 1 finnnri:il mi.-ifL- nr !i lipinlr n. "s ui uisren.v, i iu..i . . C1uv. self-conceit of a school boy recently . from the discipline of "Alma Mater with thf stuffi'il nrrri(r:in(iQ rwT M ...... proles,,, ned John Law.aspired tothenotorin, r?" coming "the monied autocrat ofthpt. " General Governments." This man ( , the language of one of his former ad voCatl" tf.e conductor of a paper long theorl lii liiLiiwiuii.iui ii' w i ui iv, says') 4, j j caused the ruin of more men of busin!? than have been overthrown by all 0!i causes for the last twenty years." 'jvi man left the institution over which he d sided with a public declaration of ihe n' perous condition of its affairs; when little time, her desperate condition manifetcd, by the most powerful ex tions to borrow immense sums of i ney, by the worst means, and from a' sources at home and abroad, and by nu factory of post notes without reji-j to amount, to be shaved off in every nsar ket in the United States at 18 to 25 pe; cent, interest. It is believed that thisinst. tution of compelled to wind up its affairs to. morrow, could not pay 30 per cer.t. of it5 capital. It is now employed in the no'o'e act of cutting down a few thousand do!- lars lrom the salaries of its officers to pay the mighty millions of its debt abroid; like Lady Spendall, who would squander her hundreds nightly at cards, an I deny her maids an inch of candle to light them to b.d. As for her London establishment, it is matter of surprise, that we have not yet heard, of a commission of bankruptcy isj. ed against it. Behold now, this mighty Regulator, conducted by the "able finan citr," thio' a career of infamy and fraud, to the prostrate condition of an old rotten bawd, no lunger capable of the traffii oi hpr profession, or of the seduction of the'm nocent; or of a profligate spendthrift, ia the last stage of his debaucheries; or like the dying lion, into whose face every jack ass of a pretty banking institution, may throw its heels with imnnnilv TTiPr. lies the broken idol of the whigs, in the ag onizing throes of impotent malice, in the embraces of infamy, the just reward of ma lignity, ol traud, and ol political intngus to destroy ihe freest government on earth. Vet the whig party, would drag her again out of her stinking pollution, and embrace her, as the instrument, the Jever of Archi medes, by the use of which to overthrow the constitution and liberties of freemen! A few more practical remarks on this subject, fellow citizens, will appear in my next number. CURATOR. jYoticc. nnf? subscriber wishing to set lie with all his ciedimrs wis'.es to sell A TRACT OY IAID. Containing between four anil five hundrrd acres. There are a comfortafde dwelling house and necesary buildings for a fami ly : also, "i ne other small framed house, with a good brick chimney; on Ihe same are orchaids, &c. Those th;it wMi 10 pM ehae will c;dl on the subscriber, t Ley can view the premises when called on, audi win give a bargain. IV. D. HOPKISS. Auguss 12th, IS 10 'A3 Caution to the Public. LL persons are hereby cautioned agitinsi hading for or r ccivma; following Notes in anj' way, that i: One note of hand gven to M;nh Bmcefif fifty dollars, payable the Sth day of Sep- " , uv.ii ii' nine in' ppteirher Ib'.iS, with iie j.min Moore Mib cubing witness; and one other no'e given to Martha Bvuce for fi'ty dollars dated the Sth September 183S, and on de mand Sth September 1 64 1, with "j1 min Moore a subscribing witness; wh;c- notes I do not intend paying until 1 knlf vho is ihe proper person to pay to,2 hey were liaudnlenily b'ained. ELISIM FELTOS. Julv 24i h, IS 10. 33 3 To the Public. 5EWARE of trading for a bond p. hie lo ihe undersigned for f fie sumc ne hundred and seventy dollars or ih d)onis, executed by Solomon T. BraiWj nd dated sometime in June, lSlO-aslb? -aid bond has been paid. IV M NOR FLEET- Aurus' G. 1S40. 32 3 once IOUNf), on the road between A rough and Vm. S. H .kn, K-q C Tuesday la!, Jl CLOTH c(jjT' t the pockets of which were a hatnlkr-rcl''1 shirt bosom and collar, and -i nia" I, of money. The owner ran have tb' '" on application at llns office. c . . . AUgUSl I Jj 1510.
The Tarborough Southerner (Tarboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 22, 1840, edition 1
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