Newspapers / Southern Citizen (Asheboro, N.C.) / Oct. 7, 1837, edition 1 / Page 2
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now .wfcaiewr: eertraryy all the rcccninicntjon ofi 3 'lessa and all the, measures f Adrainis - tntm, ntwtv ;Hh.tam!ir the Pen- vt'$ irstres. and notwithstanding the lessons or ' my if d to them by the Pre side ntr directed n,d lmPl at 1,sC twin :rrie and only object of tiling the "iVaMirv. wit; monci!' uf keening the tnrar.s lr: rnn u pawc of .expenditure.'; BcTre t of Treasury notes, I feel it rny duty, sir, lo inquire to what ex tim retieiichmeiit may not lo carried iiiin in exnentumirs w - m mm merits ' AH eyes are turned uponyoo; the Peii-i i"Inrin jo for 'e5cf ht do fie bohrtU? Why, air, all the i,.quiy made, all the; nieasares prop t:if merely-now in fill Iho Treasu- 17 with money 1 oauce ym 11 ttu rrv of the Government. All its ef - . .. rrt are directed to help itself, to safe itself; to 6i lxs from th general wvrrl. nd leave the cuiintry to help itself m itbestmay .be able.'. Is this the dntv oft Gofernmentwhen wa here for thef xpress purpose 0 i,ir rrlirf. then only to bring for ward bill like inn.; to withhold money rota the States, ftd otberbUI,asbd io their principle, to raise more money from thorn, border to sustain, and help, and fill the Treasury, while nothing is jWap tbaorht of lor the I'copivf - o : . .1 nil, uaun in 4' r. iinn'iu j.t nnrin i.irnuni V-f one principle which in his mind was ronclnsli ia favor of the J.ill hf.irf lhe Sate. If the Senate vnW ftritMt ithlo!dinr this fourth - w , itatmrat of the tdenositea, from the Suies they imposed onlierosehes the tete:Miy f i!Ming Treasury notes to a ery great amount, beyond mhat would otherwise ' be requiiiif. And touitl the Senator from South Carolina, a sirkt constructionist vote to raiae iconry ia thin wy. and for such apr r,r? Mr. B. d I'ke to know in w jut pirt cf the C utitlto the gen- ,refH, or even by im iKatit-r, lot 41 United.. Stale --to raise money by uxf. r by loan, to drposite-witb or la five Id li e Siatr? .The Ute depo ite law Mr 15- believed to be conatitu ii.ni beCauHtiwrewa-thr.aaMrjlu3, but 1 tit ui las rtste! no hngtr ! ttiite a gsei d'.nrer.ce. between diixsm if Qioi.cy ou hand, and raiv eration alone be deemed dmclusive in for of ihe pasege of the bil.V , . The Senator from Kentucky had re marked that the President of the United States had," nr his Mcssanra for ward and erven advice to the American People, and had read them a lecture on economy; And the hoAofsfule gentle man had farther gone on to sav that he reeretted extremely that tho President of the United States had not Lccn dis posed to set an example of economy as vc!r.s to recommend It. "But if the ron!iRan wa? li?roscd to follow an ex -ample' of economy, he would find that 4l; President was in favor of retaining nine imHions . of dollars, which Uc gen tleman himself was in favor of dlsburs- wir, and of devising wavs and means of raising Tor the purpose of disbursing of ue two, the President or the gentle man from Kentucky, was most iu favor . ofecononjyt .. . . . : Two of tlie honorable tlcmcri Iio had addressed lh Senate, had very op- fiortunely found an argument for dis- tiiring the money on principle, since there was an Act of Congress which had created a reasonable expectation on the part of the Mates that they should re ceive this money? and it was therefore argued to be incumbent on Congress to see that the law should be fully executed. But that Act. Mr. B. said, had also giv- "" n notice" 16 tlxs .States thatthe money micht be wauled, and,, when wanted. must U reiuiidod. This argument 0 C'-'iitleinan, Mr. B. thought, was imafin ' arv. ami iitu.ri v di?countcnanccd bv this notice iriverj in trw Act i'jelf. At leant, ' 5. ---- t r . i .1-'-. . . t :.. Jic routeruicd tiiat tne provision gave Uxc S;aic ample noliue ngainct anyxtrav u:gant or prigal expenditure of this injiey. Mr: li. luiiv coincided in tne views v linrti ru'lanun v!k inaintained tlat i vns h'hly ifKjfpe'int to create a.na--ti'(t:! dcLt for inMwv todqsIte witli ti c !Sat"i. Il'J vioMod it as a iricaxurc iilc. iu:x(irjiit, and uncoustitulional, i. tax 'iu: :iii.c!js lr tl purrjc of car rying int' eir-t a power not delegated bv t!ic Constitution. Tle gentieman ' from v Kentucky liad remarked' that it ruld be a jecic9 of oppression nowia . :ih'iol ilnl iitiwy. What! After llc ' 'iwrmWM had mady to tle States a most n.:;!!. titeut appropriation of about .UM.OCO, wen; iJiey now to be told jh.'iiy the (Iovcrnrf?ijt 0prcwcd trie afilato? Wasiecnllcman sure' tliiitjtricutton of moflfly lo fbc tockhulderit tMsc!:ar-5 raa four. :j ia jur::5T . TI-21 nat i becntc! ! thst sines Ccr rcns was envokca no tuca uuns as re..u for t! .3 People had icca recommended, but al for U.o Govern ment. : Mr. IX re gretted to hear such language frdm hon orable gentlemen oa , tliat iioor. Was the Government created as distinct from tho American People? Was a Govern ment derived trora Uic popular wui, anq created by tho popular breath, to bo con- sidcred as someimnsr ancn 10 wn ,1 o pie! It was their Government, & part ot the rcODle tnemsoives, ana uiey la- tended that it should bo carried on in its regular and constitutional action.' .;..W as it a crime to give that action to the Got- ernmcntt Iio trusted not And such should not be tac languaaj of an Ame tcan statesman, who ought to be proua of his Government, instead of holding it up in Janguago calculated to degrade and desparago iu : , "r t , As a relief to tho States Mr. B. hjid no faith in any such nostrum as paving them this money Mr. Jefferson held that it was not tne object of Goveromeni tar bestow favors; and such was not the truo republican doctrmo. - . But what relief did honorable gentle men sav ouaht to be (riven to tho Amer ican People! They were .morally and noliticallv bound lo oroDbse a better re medy, if jhey could, than tho' one which they opposed; and not onfino them selves simply to the line of condemtW-, tion. v. t:2:::- '1 1 v Jr.iB. did Jtot , bclievethe :preseat was such an tyentful andjdangoforacrir sis as gentlemen had reprcscnteiThe nation was not in the slough of despond, and therb was-no reason for the panic which gentlemen wcreVusmg the means to create. l ncre was some cmoarrass mcnt, but" nine-tenths of the People, felt it to a very small . extent r But Mr. B. said, he sfiould feel bumblo as a citizen of the country if he could admit that the banks could .materially affect the prosterity of the People,1 That prosper ity rested on its pwn basis, above all ban1: and paper power on the industry, enterprise a- Peo ple themselves. I he country was even now more ; prosperous than any other nation Vn earth, and in many respects infinatclv above them alL Mr, B. did not ace so much reason to despair of the Republic as honorable gentlemen. He believed it was right to withhold the dcpositcs, and that it could do no mate rial injury to do so; for admitting the fact that some States had made proper arrangements forinvejting or expending tho dcpositcs; other States had opened loan offices for, loaning out this money, and Congress could not properly to cal led upon to help ine otates 10 conunue their loan-ofHces to speculate on money like brokers and bankers. . -Mr. WALKER, of Miss- said he did ! not intend to enter into a general discus sion at present, in regard to tho situa tion of tho country or the , embarrass ments of tho Treasury? but be would briefly assign tho reason why bo should IbT the passage of this bilL r " ' A law was enacted in 1838, for de positing with tho States certain surplus money mat .was expected looeinmo Treasury ot tho; United : States, r T"he gentleman from South Carolina took an - j TlChcra ha onanefested itself at active part in favor of that biU, which picej Jrrste, Lyons," Marseilles, Bcr prooosci4apaylhelurplusat certain lin, Brc1a'ih"and probably inRomealdo. ucrious Iu UIC l rcasui y ui uiu uuwu . . . - 7. . a rcjoiccd at tne construction wnicn ine ScnaIorha"pvepto had been known at the time that in Oc tober next there would be no surplus in the Treasury, would any benator, in that case, have voted for. the bill as it was! And if no Senator "would .hare voted for such a navmcnt when antici pating tho want or a surplus, would he vote for it now! Io a very few days, if this pill should not pass, $u,oqo,gixj must be conveyed to tho States. Mr. W. as ked ner-they-were toobtaln tho rooncyJ 1 hey had been told by Scnaton from Massachuscttrand South Carolina, that it was to bo paid by drafui on the banks in tho several States respectively. But how would the banks tay it! ; Would they pay it in gold and silver! It was well known that they would not - Drafts on them, from the Government bad been protested; and would it be just far them to pay out cash to iho States, and not redeem those drafts! , How then would they pay the States? In paper; nine or icn . millions oi aauiuonai bans paper was to be thrawn out upon tlie country. Were Senators prepared to call on the banks thus to augment tho 'amount of I depreciated paper!. If such was the re lief proposed, it would only increase ihe embarrassments of tlie country. And cxery additional dollar of paper, would also farther depreciate the paper alrea dy currenTih tho" comntioity. It was already current id the community. It was already! incumbent on tho bands that tliey kliouW make no loans, no dis- r.i r.: r r.v j iJJ.i cf p-pcr. lis v.".-rc' ; :. cj, to pay t!.3 Ttitcs, v. ou'J fee. years, thj rctuirr L:n cf yments. I lie pnncjpat t; ?pcs la !Iississipri v.r.a mslum no uew loafano jssiw of pnper, in order to prepare for tho resumption of specie pay mentsi - TJut if they called on that bauk for the f JurtS instalment it would delay specie piyccnts for a year, and depre ciate still father the paper of that bank. ine mqturqt srcmia nave a most unior tunate'crcc((in the Pcoplo of the Union. Mr. W. referred to tho report of the Secifeiary of tho Treasury, to show tho greatdiftportion between the paper and specio 01 me various ints, raaxing it, for. tnjyay pf the anks, about as seven to one. Were Senators .willing to in crease this 'disproportion in the manner pifcpbscd?1;To vote against this bill was ririuaiiy tor. tc;o iot a ioau o ucpos.io with Itho JEtatcs; and where was uie posvef to prpcure loans for such a pur nose? . The cower to borrow, was not general; bm io csrry into effect the provisions of the Constitution. Was h ever t the design of the Constitution to borrow tndney todeposite or distribute! But they had been told that the claim to this.mOjney was a right vested in ths States of the Union. Bat if the law had the.natn' of a contract with the States, then that portion i of which was to d posiarsam1 rfinoney with" the deposita bankS'was f cbatract too. and irrcDeal- able Government; and the contract was evea stronger with the banks than ifk tm Rtt tnm it ActA tkt in d(sUf(bk7hoiild be discoctfrcd as suenrcrxcepi iot causes inemnaiicxnieo tionect ' si fiiat 4 attract with these DaT''If tt provisions relating to the States Fcrt irrepealable, still more so weiTh&sjajfidatmg torthe banks. The whoft was igst as xcpealable as any o tbcract cf Ccmgress. Oa these princi ples llr. Xf, would vote lbr the bilL i lit. rr.CSTON rejoined in a speech (waicn wa be given nereiter - ?The iC-estion was then taken on thi passacf the bilt and decided ia the af- tfm&uvii-Veas J,Nayj 17, xi lercto foresta?;vu v. 'i LATER FRO! I EUROPE. ,-. U9is f ' ' By thb packet sliip Pennsylvania Lon don p-brilo the; evening of August 23d have been received atNew York. The London Courier, (Whic papers of the. latest date, gives complete hat of ihojoeTfcbcs of the new Parliament and cjassics (hem as follows: cA ni k ' Ilefortnert. Tories. Enghslt df' Welch counties, 47 110 151 counties. . " IT 10 cities and boroughs, SKI 1 20 Irfehcodnlies," . 1 " clues and boroughs, 20 W 345 . 313 ' Parliament had been further prorogu ed till the 2d October., , ; C: K A European Congress continues to be spoken ef as likely to meet for the pur- 1 bbse of eiamicing the situation of South- - era Eurtn?5. : - i ne tuu:: hi iuu t ibuvu, vu uNur I . ti - .. ' a issucd'ws royal Tardoa to upwards of condemnation seemed to merit Icaiea CV.. ' ;TMJi$2rxwtir disputes with the black JEo ji-jror of ilayti, at St Domin co, are at. jenth about to bo settled. The forif: consul, IV Ccrfber, is going out la ilJ tapacity of administrator be- tween thr old French colonists and the Rcpuinci Government and his . fiat will be licked by Admiral Mackna with wo i rc-ca u cs;iauaajjuaaron. '; spain. - 1 Baycnne, Jluutt 20. Esparteros troops entered Madrid on the 13th to the number ot octwecn v,ooo and 10, CCO men. ' The Carlists have retired to wards Cordova. Tlie Gcneral-in-chief would soon' march against them.: Mad ridwas-tranouiL ...t"' , ;i !.-..'.; ?The .Ktim - packet ' Mediterranean, which arrived in Marseilles on tlie 10th. brouglitantelligcnoe from -Valencia of Uie 10th. trThe Talavcra, British jhip oi uwf nc, asi ancnor in mo roaas oi Valencia on.itho 6th, and left thcro on tlie.Oih. Thq' Carlist chief Sanz, after layiniz,'uT.dct contribution-nho wliolc of tho pWvmc'e! of Castellon, entered the" iuuru vi' TBiviuv" niui v,wu men, and nuictlv took ud his ouartcrs at Silla within a league of tho city, where he remained receiving enormous contribu tions in mone irouds,nd provisions. exacted from tho inhabitants of the nu merous ' villages along tho IcA bank o: the XuCai. ''.'.'. . ' .:y . Asncoiiouon, n. o. . Qtito, Oct.n, loan, rCThe nclancholy and; nnwel corac ictcllicnc, has just reached this place, es our paper was going to press, that Thomas A. Tkrit, Editor of the "ileportff, depar ted this life on Wednesday raora in last, in the county cf Henry, whither he had gona on jt trip of business. W o trust - that : soae friend, whotrs iatinitely acquain ted with the virtues and.aeriU of the deceased, wilt prepare an obit- eary notice th it will do justice to his character and memory. w e have enly tine to fay that friftcd with a vigorous and well col- tirated mind correct in his princi Fitli!?.,VIfd succeeded la wtnntnn; theconOdence and friendshipof all who knew fciywJ and as ha liyed without reproach, ia h. k.ft A,i. Mlnw- l ,iK th sincere regrets cf a nuaeroui circle's cf friends and srtpiaintinets. ' f r Vaxvilk Jleporttr. GENERAL DANX;, 't:' 'iho Senate of the United States, a fsw days ago, passed resolution 31 to 1 5, declaring that it U Inexpedient to rl -r.?t a United States Bank; and have cL.A on tho House cf Representatives to concur, The house was discussing tho Evolution at the last dates. The result is yet uncertain. ; - We care but littlo what may be the fate of this Resolution. It is now evi dent that tho condiuoa of the people wui not in any way, be bettered by the extra Session. In fact we f ear there is noth ing to bo looked for, from our present set of Jtepwentatiyj they see, and begin in some degree to feel, that the people are deserting them, yet their committal to tho views and inter ests of the party in power, forms a par amount obligation, and renders their present situation awfully critical There arc now ihrtt distinct propo sitions before the country; and every freeman is loudly called on . to cnoosa his favorite' alternative," " Tlie first question is,' will you again repeat the wretched Expcritncnt" of placing the public funds (if w e should excr be so fortunate as to acquire any) b the local Banks as depositoricst,, de pending on uchjnks for currency! If you do, , you tin against light and knowledge. How blmd, how obstinate, must be. that devotion Twhich prompts a desperate struggle to sustain a measure after its ruinous ciTcctS'havo desolated the country; and after its own solo pro- jeetor has condemned and deserted it Secondly. WUI you place the Trca sury, the whole Revenues of the United States, under the-entire control and di rcction of the President, and thoso ex ccutive officers . whom, bo has' power to appoint and remove at pleasure! If the public "moneyjias. by tho.Executi vc, wasted and Jost, while there was no law to sanction tho ruin- .... , , ..... ous dcprcdationrri' racier the villan ous outragc-rhat may We ot expect, if a prowling company of irresponsible officers can only procurc tho formal en actment of laws in their favor! ' ; Believing as wo do, thai nicthcr of the foregoing propositi6ns catf longer, find disinterested advocates, it remains to be considered, in tho . third place, whether you will not joy fully seize tlie .first op portunity of returning to ,tljo ancient well-tried, and lh&inly successfid pleas ure, to secure confidence, harmony and ggajral prosjicrifyT ' , - 7cul!a to thc cstabliahmcnt of t general Bank, calculated to furnish a currency universal m its ; accc)tation. All experience proves that this mcasuro is not only saft lut absolutely indispen. sable. In this, we are not taking a leap in the dark. Like r causes will invaria. bly produce like effects. The time u not far distant, when the people wilUe. mand tlio mcasurej and their servants rows obey them, or retire, and yield up -their places, to be fijlcd by those mors .worthy of pubfic confidence. pV w HOW TX) SUCCEED " Two Physicians set out in liko at the samo'titnc; the ono deep and profound in science, but unassuming; tho other shrewd and innuous, but less lealrnci Happening to meet 'c'ldayafieruT failure of tho former, and the unrivallc4 success of the latter had become cvi dent to the world, and to each other; when our 'man of learning asked tne other to impart the secret of hit hn;n(. 'succeeded so well against superior mer. iir-va msK. can uo rcaoiiy . said bis friend, but I am now in haste, ing to see a patient Stand hcre, for the pre. sent and observe tho multitude as they Take this pencil, andmark dowi . . ,mM 01 .,n- w' MW""!r'. M'mJ rei"n J will civethecsIred1n(brniauoa ir(Qrniauoa When they next met there appeared to be a long list o( ordinary personages, with but two or three in the opposite j column." This is all the secret Ad- dapt your extcnor and common deport tnent to tho sensations of tho most nu merous class. Good excu a for ukingon fffy An old negro, belonging to a pi ous professor of religion, in this County or some other, on returning borne from meeting a' few Sundays ago, called tipoo his fellow-slaves 'Come, we must lay to gittin basket timber. Massa . do preacher y we hab to pay him more money, or ho no da nntdder Uck toward savin us." A resolution passed the Senate, oa Thursday, appointing Monday, theWi of October, as the day for adjournment of Congress. If the adjournment takes place at that time, the duration of the session will have been five weeks.!. Uonian Sept. 2S.' vNotbias nai yet taken place ii Congress decisive cf the fate of any one of the questions before then. The bill for an issue rf Titian Note?, and the bill for exteodio tne creuii cpoa ine unty oonsi a the Merchant, measures not mere ly expedient, but mdispeasi lie, will no doubt pass. Hat every thing eh it yam the wind, w , ? A Question wat veslerdarukfi by yetu and nay, in the House of I Ileprtsentauves, wnicn, at trtancev would acera to Indicile strong sentiment in the House of I uenrcscntauves srainsi a nauow Hank. It would not be safe, hot; ever, rortnoso w no arc lniercsi in the question, to regard itiauw liffhL The greater nart of tM embMhoifritadljLtii? an institution ceitainly toted inn- vor or laying the fiegsttve propw i!mi"na ik IsKI. nna whick a would be. at best, a mere waste of tine, and a trifling with the actual crying exigcncirs of the Opterf ment. now to atltate. uuj ama the nays on thst question aretoJJ found the names of fotne who trtfj atraiust IsTine it on the tsbleforw ferent reasons; among winch a rea diness to rote directly and at osj nnnn thft mum nuestion prob4D'J la. A.. aa.il a I H ' .' . : We do not mean to ssy tn ' ihfi timei tnainrilu of tbeU" of Hepresentatiycs ii favorable to1 naiionai uana. o ui-'-v. deed, lo the contrary opinioi..,' Ju that we wish to Impresi upo t..j At .t.- .4.. L thai the TIP ' .il to which we tcfcfcauiot prOpM .7 r-S
Southern Citizen (Asheboro, N.C.)
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Oct. 7, 1837, edition 1
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