Newspapers / Highland Messenger (Asheville, N.C.) / July 29, 1842, edition 1 / Page 2
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- 1 0;7:?- Vermont Maryland, New Hampshire Massachusetts, Rhodo Island, Conwcticut, . New York, , 'New Jersey, Pennsylvania,-'1 Joubiana, ' - Delaware. ! V irgirua, t , North 'Carolina , Soulh Carolina, (Icorgn, Kentucky,; I.-' Tennessee,' Ohio, rtfj Indian?, , Mississippi," Illinois, Alabama, Main , M is.iJil In t! for it, Ajtunat. For it. Agaiciti 2 o ; o ; II 45 li ll , vc!Ir IS 11, Uvo bil3 passed cac!i .... uHYw.L111 bothjfell' under the qualified v". m ofll'isident Tyler. The, analysis of the void ti-cacb bill. shows the sense of the .Siacs on the question.; On the- first bill eit.-yATK. f uoi'sc. For it. Against it. -Forit. Against it Vermont tvaii.mi"!:t cc bo deprived of an op pert- -Orel passing a bank LuTdurir.g ihe prcs: ..t, tcsiioa,V . Nothing more was doric itidi t!:3 till. . J , Oa tho 2d AnnI1814. Mr:finindinfc onlttcdiotlifillotlrn ryomrt U iKt U, - -T T ""'"' . u ermoni ' 4 ? New Hampshire; It. 2 3 i: (onnccticut. Rhode Island, Massachusetts, New Ydrk,! New Jersey' Pennsylvania, I iclaware, Maryland, Virginia', North Carolina HoMth Carolina, il Jul ...,.! '.L - (jeorgiaj enncssco, Ohio, Louisiana. 1 1 Indiana,' Mississippi. Illinois, Alabama, Muinc. 1 Missouri, Arkansas, Michigan .. , ... , -r i . t i i It U unnecessary to nud a farther ana-lv sis. It is c known that th!? minds of i.icnibora unacrwc u no cnangc as 10 me pent qucstiiWof constitutionality between Wo hivd thb! sbnsb- cf difiprcnt Con not on 4 i1! i if 2! 10 2 17 20 0 12 13 1 1 7. 14 7 5 1 7 8 1 7 u 8 A 12 7 ' 2 ,:' 0 .1 0 D 0. 0 . 5 ,4 4 i 2 1 presses expj-csscwr ty sevdn di(R,'rcnt votes t .vcatlered tlirouglj t 'pprioi of sjty years, alliruiiu .tlic conki utiortality of a National I link, uiid J lou.so ot Ubnurcsa billi proposing the ; have boctrfntroduc! r'ouslitutionjil objee! body, as is demons and debates, on thc-2ftl was madd to posthd tlicr consulc luary.i ion. a. motion no indefinitely tho far- f tho '-uiU to establish a National lHnk, nrjd it passed, ayes Co, nos G il ration d mont .j were JutUr, CjIIh who vitcd for tho! postponc Mcssit3. And6rsoh, Brown1, bun, Gholsari, Mclvim, MoriU ard,'vho i i did hot. doubt tho would measure, br bill then. other causes, (Mr. Morro denying ill Several csfablishmchi of banks :d toncl lost, ut not for ions on tho part of that rablo from the journals J n the I lousp, ot Kcprescnta, Ot Jil m)nterv,iII(ore, borrow, Itlica, of Tenn., Uhca of 'Pcnn., Uii gold; Siycnd South: ed for the charier of 1815, and constitutionality of the not have voted for the t was therefore rejected for A Kcmlcrriaii from Ohio. Iv.l by4 a chanco ot; his vote ' W W ii . r 0 oi An.j voted fur Ithc' oliahe of tljo vote s eijanid tho resu!t. won tlio veto of Presi spcakinsj of his vot oUxl aqainst the B M ! .k. . ' . 1 1 tloubl sucli J was tho hir' nf thfLShmtrvf com. huttce be appointed to inrinim Intn llinVr. pedieacy of establishing aNaUonal Bdnk A motion f as made to postpone it and! losfc, ayes 71 1 pocs,60.; Tho committed was thca appointed.- , ;; , i Up 2Stb October, 114, the ITou$c adopted lie following resolution: " that 'it is - expedient to .'establish a Bank, with branches in tho several States."7 Ayeis 93. Mr. Sanford moved to strike out the words, "with -branches, in. the seVeril States,?' which was lost ayes 14, noes; IS 0- On thi mh of December, 1814, the Bcri- ate passed bill creating n National Bahlc. Ond January, 1815, tho bill was lost in the , tlousc by the casting vote of the Spcal(- er.' 'Mr. Hall of '.Georgia, then movpd ja reconsideration of the vote just taken, jhaV- ins himself voted against the bill. 1 he vote for reconsideration was 107, against it'54.- Onjthc7th of' January, thebil was passed, yeas 120 nays 37 ; there being 5jL members voting for its passage, whofhad opposed it but G I d.ays before. Tlii3 was then vctoed by Mr. Madison on 30th Janu ary, 1815. L On tbo Cth of( January, Mr. Barbour mljrodnccd 11 a bill n the borjate) to incorporate the snbscrib'crk to the IJank of the United Stares of America" ..OA the ...i . t u.i .... : !t l ! .-' iiiii.oi reoruary u was passcu, ycaa 10, nays 1G. i lh the House of Representatives. on the' 17lh iFcbruary ,'Mr. Lowndes moved to postpone at iindcfinilely , " not from any hostility to a National B ink," as he said "butfrom prudential considerations aloic.' This mo(iofiMvas opposed by Messrs Forsyth, Calhoun arid Telfair, and adoptegj by a vote ot yeas 74, nays 73. Ut these 4G who nov voted for posiponement, voted for the pqss&ge of the bill but thirty.four days before. C onfrrcss adiourned a few'; days after; jand the reasons assignedi by .Mr. Lowndes, the' mover of tho motion. and the! advocate and supporter of the bank a want of time, and the confusion of an ad-j journmcnt, were the reasons which defeated the bill then! We have then .this summary of price-' dcnfj lhat py tsclcti difFereiit votes, ftotU Houses of Congress have afli rrncd its constU tulionality. Betivcvn the 24th Janu: ry,! 1811, and the 14th March,Vl81G, thei House - postponed end Rejected four b llsj and the Senate one bill, establishing a Na4 tional Banki on the ground oV cxpcdhncif alovc. During the same period, the Set ate passed two bills, i which were rejected in the uo'isc; anaiuotii nouses ot uongrcss plss-j ed. two several bills, one of which was vetodd by President Madison , and tho other; signature, and be'eame a law. legislative precedents. received his So much for would have Changed tho result; ho has de- eiardd thai I aiity'for a I voted in. tho tlio Sbnatd i bt doubt its constitution moment. Mr- liiuo, likewise affirma,'tivc. His speeches in 18l6j'showcd him; to enter- tain the b'eJiJrf that! ti bank was constitution. Mr. (jhbves likewise he entertained ' piiiuilar opinions On 5 tli February lruwloru icporteu, continue tho chartd 1701.- Oii the 20 Uas ndoptqd 'defcati Jug voto of tin 'jioiial. question t'lessrs. A'n of that ycarj Wm. H. atlll in tho iSenatc to r iif tho bank passed li rebruarv, (ig the bill by a motion the cast- he PrdsUcnt.j The constitu. did erson. hot deicat this bill Ilobinlon and Smith- at the enacting clause, cnarter oi oi. a of cither wjuld have Mr. Smith,; in debate pent Jackson,;in 1832, then, said, ho had hnk in lSll,bbtTio at rounds; and fee had Ho caso with other mcm ' Mr. Madison says, u rcferencs) to this Vote, "as to the nega tive of the Senate J.ibv the casting vote of the presiding bfticcfj it is a fic'i well under stood at thefttmcVthat it resulted not from an cmialitv hf nninidns in that assembly on the power of Congress to establish a bank, oui irom. a junction .pr xnoss? wuo uuiiuuu the power, but disanriroyccj tho plan, with those who denied the powc On a simple question of 'constitutionality! there was a decided majori In the year seated to hj I tNovcmbqr; oil from tho committee becnYcforrcd J tee had. had y in favor olit." u814j another bill was pre- ousc and rejted. ; Oa28th lliatlyear, $Ir. Lowndes,. to whom the bill.had cportfccf, " that the Commit- said bil under consideration. but not having been able to discover any , means of averting1 mei conflicting opinions pn inc suDjectj aa to rcpornhCj bill with1 (question was tlicn ta bill, and lost yeas I: ihe bill: and was move a recdnsiderat This motion h ;:en. to retain the bill in lousoj in order to therefore directed him put amendment." The keh on engrossing the lUj nays 104. and majority against cref ore at liberty to Ion of tho vote jusf ta. 3 did make, with-a view the possession of the rcdommit.it, and that Mr. Forsyth) of Crdorgia then ra3e c id ' ho had Voted in ihe majority agai General ackson.and protection. -In 1824, Gen. Jackson, then a member of .he U. S. Senate, before which a Protective Tariff bill was pending, wrote as follows to Dr. Colemani of North Carolina : . So far as the TarilT before us embracocs tho design of postering and preserving within oursel vss the means of national, defer ee and independence, pdrticularly-in astute of war, L vuIdL&advocal$ and suppprtlit. Providence has filled our mountains apd plains witli minerals with lead, iron ajnd copper; and given climatQ and soil for the growing of hemp and wool. These being tho grand rnaterials of our national defence, they ought to; have extended to thein ade quale and fair protection, that our ?naiiu- factories and la borers rryiy be, placed on a lair competition with those of ;jbwrope, & id that wb ma4. have within bur country a supply of those leading and important arti cles so essential in war. Beyond this I look :attho;7iv i?ilh an eye to the proper distribution of labor and revenue ; and with a view to the jdischargc of ournational debt., I will ask whjit is lho real 'situation of 'the agriculturist ? Wherc lias the 1 American farmer a 'market for: his surplus products? Lxccpt for coton, he neither has a foreign nor a homq. market. Docs not this clearly prove, ivhen ihero is no market cither it homo or abroad, that there is too much labor employed in agriculture, and that the channels fdr labor should be multiplied.--Common spnsc points outtat once tho rem; dy.J Draw from agrieultuic ihh superju bundant labor employ it in mechanism aid manufactures , , thereby erecting a hoiJ c market fe r yc u r brcad.sliiffs , and distribu. tingiabor tb ho iiost. profitable amount:;, and benefits fc r the country will result. In shottjsir, ice ive been loo long subject Vo the policy of prilish 7ierchants. It is tin e tee should becohic a little more Americanized. r Ll:.j", Business ir; Savannah. As our coterr -porarios in Savannah on a former occasib 3 wcro quite sensitive on the subject of thei r city and its business operations, and as their report of tlie market for the week ending Saturday,' seems not to extend much into detailtvo subjoin the following extract from a letter, dated J - j fv ; I -Savannah, July 15, 1842. Tho annexed will show you the extensive operations which have engagjed dealers this week 12 balejs upland so'd at 5j ; 12 a 7 cents. , There has been considerable dc mand lor watermelons at 6 cts. a piece peaches also, particularly those of fin quality, j have been in fair request ; cock tails, juleps, slings-, punch and toddy dull , sales small; sherry cobblers in moderate demand ; egg nogg and not whiskey puncli never asked fbr ; whist and poker cubsi broken up fori jthe season ; quoit and rifle: clubs nretty well attended. The orincina orriinationsl ot th ftveninr nm liAnnhfl temperance lectures and the isishop. Aui gusta Chronicle, (Quicksilver melt3at 39 below zero. 4 Ether freezes at 47 below zero. Wine at 20-' ' ' 1 . '. i The sound, of thunder may be heard, for 20 or 25 miles, QT with the car to the ground much more. 'Lightning i reflected 150 or 200 miles. - AT' cstab-paper grati- - To thV.Kcf loci Ifcrtli Cardlhi . 'j:-ir,' CTC " i'SCLZ t'-- Fellow-citizess f The leaders of the-Yaa B jren party arc using every effort to Induce you to believe that Ihe Whigs and the! Whigs alone arc responsible for the evils which have originated fromover-banking-l-ortbe establishment of &)."roany State j Banks throughout our country. This charge 4 is made,' not only without a shadow of proof to sustain it," but in tho face of facta! which were officially put forth by their own party -when in office, and acquiesced in by these leaders themselves. What are theses factst We shall state them fairly and leave? you to draw your own conclusions. Let it be re membered tliat i the 10th of July, 1832, Gen. Jackson vetoed the bill to re-charter the United States Bank. At that time there were about 330 Banks in the Unioni witha capital of 8145,000,000. In .1833, the Deposites were' removed from the United States Bank and placed in various State Banks, with instructions froni the thpn Se cretary of the Treasury to -discount liber, ally for the accommodation of the people This they did, which soon created a bloated credit, resulting in a mania for the lkdimcnt of Banks and the issue of money, which was freely and readily ficd by most, 'if not all the Legislatures, which were, under the control of the then Jackson now Van Burcn parity. The United Stales Bink having been vetoed and having "abandoned any jassuranco that it would bo re-chartered, began to Call in its issues and wind up its business. The vai cuum produced by a withdrawal of t ic cir. cUlatipnof this Bank, was promptly filled up by the Locofoco Legislature's with tho nites of itato Bulks, which they readily char tcrcdj This cannot be succesofully controverted- It is established by documents is sued from one of the Cabinet officers of Mr. Van Burcn himself, nnd jit sliobld be takch'as good authority at least by that party. On the 8th of January, 1833, Mr. Woodbury submitted 'a report to Congress, to which was appended a statement &f .the number of Banks in each State, andi their capital stock at seven difTurent periotls. Now let 'us 'take those Stqtcs whicli have been most uniformly under the countils of the party that was irr opposition io the Whigs' and examine into the lincrcise of thciV Banks and Banking capital. Maine had In 1820 but 15 Banks with a enrtiial of 054,900 in 1830 she had 18 Bbnks, with a capital of 82,Q50,000 in 1835, she had 38 banks with $3,510,000 c&pital and in 1837 her banks had increased :o 50, and hnr banking capital to 85,500,00). So it will; be seen that for ten years before the veto of the United States Bank, ard the issue of Secretary Woodbury's order under the removal of the deposites -of . this State, tho Banks increased in number but three, and in amount of capitaK but 8395,100, whereas, after tho veto and when the Jack son Van Burcn parly was all-powerful, that , uuuj 1000 10 100, oniy iwo years, tne is Banks of Maine increased "in number 23, and in capital stock about two-millions ! ! Here then we sco the Van Burcn Legisla ture of Maine creating! twenty-threc E anks in two years eleven or twelve per ses sion! But there are a number of other States Which for many years past, have seldom, if ever been under Whig ruic, whicl ex hibit a similar state of facts;1 New H imp shirc, one of the seven States that voted for Mr. Van Burcn in 1840, had in the year 1830 eighteen Banks, and in 1837 the' had increased to 27, and there was during the same period an increase in her banking capital of upwards of one million jof dollars! In this State (N. H.) tho Whigs have never been ablo to gain the ascendancy. Look too, at Pennsylvania, which gave to (Jen. Jackson such a 'tremendous majority in 1832, and whose Legislature had up to this day, been uniformly opposed tdthe princi ple's ofttho Whig parly, j Why,( in 1830, she had but 33 Banks with a capital of something over 14,000,000 in 1837, the Banks had increased to 50 with 18 bra ich cs, and the capital stock to fifty-nine mil lions jf dollars ! During ; the ten y :ars previous to lS30,,her number pf Banks and ibanking capital decreased ! Alabama had in 1830, but two Banks capital 8043,000 in 1833 she had 3 Banks and 4 brane ics. i with 'tho. enormous capital of upwardJ of fourteen millions. For ten years priori to 1830 theBank capital of Alabama had in creased but 8200,000 and the numbejr of her Banks had actually decreased ! The State of lArkansas, it appears from thdre- port of Mr. Woodbury, had Hot in 1830 and rn'fact as late as 1835, a single Bank. 'But by 1837, two years thereafter her obd v an uurcn legislators met chartered lor her twojlianks with two brancheSi and a capital stock of 03,500,000! Mississ ppi had in 1830 butenc Bank, with I a capital of 8950,000, in 1837 the number had in creased to 22 and the amount of capita I to Upwards of thirty nine millions of dollo rs ! Herb then is a Van Burcn Democratic State vbich, in ten years, increasecTits number of Banks tw baniiingi cap was this mania, for bank'-making less rapid in that State from which has beeh seni to the National Legislature for -years past a Senator who is the true Ireprcsentative and best personification of Locofocoism. We allude to Missouri. Mr.i Woodbury says in his report that in 1830 she had no banks, put it appears that in 1837 she had One Jiank and 3 branches, with a capital of 8p, 00,000! We have before stated thatjiri 1830 the whole banking capital of the Union was 8145,000,000. This included the ca pital of the United States Band .of $35,- Q00,000J which deducted, leaves abdut 8110,191,000 as the capital of the State Banks at that period. Now in 1837 the capital stock of the State Banks alone was fpur hundredjxnd forty millions of dollars ! Well, -let Us look back a little. In 1820 tfie capital of the State Banks was 810i, 5)0,0001 So it will be seen that' during me ten years previous to 130 that the banking capital of the States alone increas ed but about 83,000,000 but for sevfen years only, posterior to 1830, it increased aout three hundred and thirty millions venty-two fold, and its amount of ipital at least forty fold ! Nor Now we sul.T.lt tM3 "question to all can, did men. Wl;at artr i3 responsible , for ' this alarming in?rcr.:3in bankiri capital in I capit the- States.? v We reply .witliout the i least hesitatbn tho Van Burcn Pirtv ! Tbcv bad tho ascendency in the national councils they brought about that condition of things which' made State Banks ncccssary-hey had 5ontro of-a majority of; the 1 State Le gislaturcSi and wherever they had thii ma jority, they scrupled not to cliarter Banks wiui u. iioeramy ana .rccKicssncss wmcn was tlie best evidence pf their attachment to such a course of policiy t ' Let it be borne iq mind also that in 1830 there was about, ;:330STAT:lBANksV;;;i.l In 1835, the; number has increased to upwards of 550 BANKS, rwith one I hun dred and twenty BRANCHES!! Up to t oo-r .1. ; : i v ' i . ! .-i uiejiumuer coniinuea ioincreas it reached 709, with 173 brandies !!! We leave it then, to the People to say, whether the Whigs be " over banking," the ' " Bank failures" and thereto, which arc charged to exist, : and if they be responsible (which we deny) wheth cr tho Van Buren party is not estopped from preferring tho charge, because of their own participation, or more glaringand undeniable guilt ! ; j " " - Tlio ' State Ie1ts.v j " This is another subject Fellow-Citizens to which we would callj your attention. The States owe aj this time about 8200, 000,000, It has been charged, but falsely charged that tho Wiiis are to blamo for these heavy debts. So far from tho Vhig Party being alono responsible, the facts shew that those States'wnich have uniformly Supported the principlcsjof the Van Buren party (until, perhaps, the election of 1840,) responsible for the Bank frauds 7 tho the1 evils incident have exhibited an eagerness to go in) debt equal, if not stronger , than' any in tho Union. Take Maine for instanccj In 1833, hctodebts was 8q54,97G"iTin 1840, It had incicased to 8, 078,307. Take Pennsylvania. In 182(0, her debt was 824,140,000 in 1840 it had increased to 834,(123,000 upwards! of ten Millions in two years ! Tiie debt of Alabama in 1840 amounted to 810,859,55.0 j and that of Mis lissippi in the samcycay, to 812,300,000, The young State of Arkansas with a popuL iation of only 97,574 had in 1840 a bedt of 3,755,000. The aggregate of the! debts of theso five Van Burcn States is 803,400,- 000, beins upwards of pne fourth of the entire State debts! ! If we take five of the jVhig Stales, which arc! involved in debt, vye shall see a vast difference in the amount of their indebtedness and those we have mentioned. Tho aggregate of the debts of AJassachusctts, Marylan, Georgia, Ten nessee and Kentucky in 1840, was but a fraction over twenty-seven hiiUion3, J up wards of thirty-six 'millions less than! the debt of the five Van Burcn States wo have before enumerated at llje same period ! ! There are but six States iti the Union, which ate entirely free, from I debt, viz: New Hampshire, Vermont, Rpodc Island, Con necticut, Delaware and North Carolina. Five out of these are Wig States!! So it appears that but of the tWcnty-six States, there is but one belonging to the Van Buren rartv tree irom aeot. - inc otate owinir the largest debt, viz: Pennsylvania, is Van Bdren the one owing the smallest, yiz : New Jersey, is Whig ! ! The greater part of these debts of the States was contract ed during the period that -tho opponents of the Whigs had sway not only m the Gen eral; but in the State Governments. ' These facts shew incontestibly pot only that the chanro preferred against the Whigs of hav ing alono brought -heavy j debts upon the States for ' mad schemds of Internal Im provement," &c. and are therefore alone responsible, is false, but itj also proves, that those who prefer - the charges 1 are them selves the more guilty party. How differ ent; would have been the pry had these in vestments proved prpfitablc to the States? Had they j yielded a revenue, and- thereby exempted the People from taxation, the braivling partizans'. who are now trying to fix the Whig party with all the blame of their failure, would then have vociferously and, eagerly claimed for themselves all tho credit of their success. . j Expenditures National debt, &c. Wc would call your attention in the next place, Fellow-citizens, to the charge which made, that the expenditures of responsible for We shall sub- speak for them has been so unscrupulous! Whigs have increased thd the Government, and are the present national debt. mit tho facts and let them selves. " Properly, however, to understand this whole matter it is necessary to o back to the commencement of Mr. Van Burin's administration, znd learn what amount of revenue was t ion on hand.- There was a surplus in the Treasury the first of the year 1837, of 818,236,000 in eluding jthe fourth instahnent which has never yet been paid over to he States. The amount received from the sale of bank Stock was about 88,000,000, maiing (n all some thing over twenty-six millions which came into the hands of the Van puren adminis tration, over and above the accruing re venue. When Mr. Van Ejurqn went out of office, the Government owed some where about 85,500,000 in the shape of outstanding Treasury note. From this it is apparent, that if Mr. VanjBurcnhad com menced his administration with no, Isurplus on hand, the government at" the closo of that administration would lhave been in debteel upwards of thirty millions of dollars! In the face of such factsl how can the leaders of that party have the assurance to assert that the Whigs are blamable for borrowing money to pay ; the debt of Mr. Van Buren's administration!? He and his friends went into power with an overflow ing treasury ancl retired from office deeply in debt! Yea, they were resorting to the aevice ot xreasury notes aurmg neany xne whole of his , term. How l then; can tho Whigs be blamed, who on succeeding to office, and finding the Treasary; bankrupt and.the nublic creditors suffering for 'their just dues, adppted what they regarded, the best means to save the Goycrnment Irom dishonor! ! The debt which Mr. Van Bu ren had fixed cn tho Country was bequeath ed to the. WL:V They, have It Mo py rndlct us cow enquired hat wa3tho Cmount flhattJclt. . The. following extract, irom t :q spcechcf-Mr. Meriwcther,,a; dislin. -uished member of Congress from Georgia (delivered at the present Session) will throw sufficient" light upoh'this subject. - - kict us ce, Mr. Speaker if tho gentleman from New Hampshire did correctly atata tbethe liabilities of the Government. So far from its bein thai ltitw debt', pppkert -of, tho amount of the debts and liabilities, on tho 4th oX March 184I, over and above all the means which the Go vernment posaessed of nakwj payment, is almost 825,000,000 But, sir, I will red youthe seve- til items which compose thli . iQ4i Treasury notes outstandinj 4tU March, loll, written " the United States! promiso tq pay one year jailer date, to or orier dollars, with! interest at the rate of- Fr centum." W. SeMen, Treasurer of tbe't.S, 8583,831 00 Debt due in Holland assumed for citi zens in District of Columbia, bearing i . .c. an annual interest of 378,141, (see . " ' r document No. 2, Ho. KcpsTSd sens. " 2CfhCongrcs3,3.y - f 1, 440,000 00 Amount due navy pension fjn for . , ; miiney U9ed by GdvernmcnVsco Sc. . nate doc. 146. 3d scss. SotliConffrotw , ; p.G. ! : V'.J V ri r "J-,"1.1A63800 Amount due twelve, Indian tribe?, to . wit : Ottowas and Cbippptras, Osa ,pcL Delawares, Siouof. Mississippi, Saps and Foxes of . Mississippi Sacs : and Foses of Missouri,) Winneba- t ( goes, Creccks and lowas, which the ; Government agreeoTo j invest in ;i i V Btock, but which they have; failed to - , . ' do, and pay an , annual interest on th( loan of 8131.05, "(see doc. No, - 2, 2d session 26th Codsttc, II. 'R pae278.) 2,580,000 00 Thii amount is exclusive of nn annual ( j chirge oa the Treasury, for fulfilment - ; of treaties, amounting to and varying I according to Treasury estimates, be- 1 . . tvrkn 750 000 and j 8 1150,009. Amount due Chippewa aJid Dttowa Indians to be paid in twenty annual instalments seventeen ahnuitcs , yet to bc paid,; (sec document No. 2. 2d scsiion, 26th Congress, ! Ho. Reps., p. 231.) t . . 540,000 00 Amount bcloaging to Indian tribes and 5 widen received in trust and convert ed, i see samo document ru. 79. - 2SU.281.) 1 129,388 00 Amount duo Florida militia for services , i rendered before 4th March, 1843, and which was provided for in a bill which passed Congress, but too late io rpceivc inc signaiurc oi inc i resi. dent, (sec doc. No. 19, II. R., 1 st scss. 27th Conlp. C.) V 1 I ! 317,601 00 Amount duo Georgia miljlia in same i situation as debt to Florida, militia, . i (sea pamc document and! page,) . j 78,495 00 Amount duo by Post OlHco Depart- merit to contractors and others, by aj I deficiency of means on 1st February 181, and by the extra jscssion had increased to the appropriation then made of 8137,000, (see report of P. M. General, June, 1841.) " 354,990 00 Amount duo on arrearages! to contract- ' . ors ;"or taking care of public work?, fir u'ork &,c,'(sce doc. No. 33 IIo. RepsL 1st sess. 17th ConJ p. 14,) j 27,993 00 Amount of fundsl debt of late war, 299,554 00 Amount of unfunded debt; (seo docu ment No. 3 ; Ho. Reps'., 2d session . 26th Con. p. 31) ,''" 35,287 00 Amount duo State of Georgia, for mo ney advanced m the Indian cam- ' paigp of 1835; which yas admitted by last Congress, and bill passed for pnihcnt, but itoo Iato to Tcoeivo tho signature of the President, 207,000 00 Claim pf the State of Maine, similarly situated,-' - 'i 1 1 f ( ,' 200)00 00 Amount of deficiency of means other- j thanj loan by Treasury nolcsio . meet j: charges made; upon the (Treasury by 1 Ihe appropriations of Congress which j' , expired 3d March, 1841, and pre vi- -; I, ous GongaessQs sec docjNo. 2 II. R. ' 1st sbss. 27th Con. p, 3.) 12,080,221 00 rcstpcr. - tr.cir crpcnuituro unui cscii.cf Coptc " j thquld bayo tact-nnd adjourned unless thcie was a sinister motive and forty v trick in the matter! v vr ' ' . 41- But it so turned .outJ that tho OaYCrn. "rncnt was forced to expended, part of j this, sumi more than 200,000 during lh5 year- l4U;TputJnsicaa oi paying mq money; r.3 it ought to, have been, the expenditure ;was -made on a credit; till afle the Presidential : election was over ; the ) Government; in consequence thercor paying an increased - price ior a given quamuy 01 iauor auu ma terials because, of that credit, when tho'rno. ney Had been appropriated to nicet'the ex-' penditue.,' v?j- ' " , ':dfi This is tho ; manner . m which the jlato ; Administration .staved ofT their debts upon the AVhigs. ' Jt vas the cpsc in almost bvc- 1 ry'branch of the "public service . 1 ' v" : How, then, could it bej expected thaj the r Whig party would be able; .without borrpw- . tng money, to pay not onlV its own current expenses, nut also tiiose on iur. van tsuren, which were left almost empty Tho revenue had been regularly under-the compromise oct. And to what over 7 1 he i rcasuryas when they tame into power !. decreasing 21,719,00800 These estimates are exclusive of private claims to a very large amount, of several millions of dollars; andlof the Smithsoniap bequcsf, of half a million of dollars. If may be said that the appropriations are no debt in the technical meaning of the word.! This iaj true. (But still, jwhen services have been performed under a,' law, they are as much jjntitled to payment as the holder of a Treasury note iwhen it falls due : and it is just as difficult to pay demands against the Ircasury, when crcatbd in this way of $12 ,000, 000,-! without any funds to do it with, as, it would be to pay a similar amount of I reasury notes withput the means. And it is to be presumed thit these nppropria tions.were necessary forj the public interest. If so, llicn , either the public interests must be neglected and suffer1, or elso we must raise money to meet the demands on the Treasury made by the Van Buren party." Thus! wc see that when the Whig parly obtaineq power ,thc Government owed about J $24,719,008. , Much of, this debt was due to public officers .who had performed ser vices and wcro dependent on their salaries for support. Many pf these claims, left unpaid by Mr. Van Buren, have been press ing upoif; the Whigs, I arid many of them have becjn discharged. It is by this pro cess, tha t the Locofoco leaders have been endeavoring to deceive the people; r They have put many of these items or payments made on old scores which. w6re due under Van Burom's admimstralih; amongst Whig expenditures ! 1 The appropriations were made du ring Mr. Van Burets term of of. fice the services were rendered then "and the Whigs werebft to pay the money. To illustrate the low device which has been re sorted to, in order to cheat the Whigs, and mask the extravagance of the Locofocos, wc ask "our attention to another "extract from the speech before referred to; -y ! " To regain lost confidence, the policy was adopted of throwing beyond the period of the Presidential election every expendi ture possible ; so that while appropriations were made for the publie:service, under an acknowledgement of their absolute neces sity for the year in which 1 they were made,' still the public interest wis neglected, and injured by refusing to apply them in that year,, that a. show of pretended economy might be Wade, in View bf accomplishing political objects. 'There is an illustration of this policy in the fortification bill of 1840. By that 'att; the sum of $878198 was ap propriated for the construction and repair of fortifications for 1840 ; but the President was authorised to postponesthe expenditure beyof the; 4th at March 1841 if he thought fit ; and lie did so. Now if Jt was necessary, to make these appropriations at all, to secure the public interest in 1840,why Could they looker immediate relief bpt a 1, loan 7 liaa lMr. van uujren s administra tion kept its expenditures within its receipts had it been out of debt .wlicn it ceased, instead of owing millions for which thcro f was an immediate and , constant call then indeed would the WThigs lo justly chargcal ble with contracting a National debtl 4 On the 4ili bf March, 184l!, there was little over half a million in the Treasury 1.6 appropriations ouUt.irtdin at thp same ii'me including Treasury notes! werp'upvvardsof thirty: mill iorisjf and tho receipts from pU3.x torn and ranch?, during 1841, to meet these appropriatiohs, were about sixteen milli'Jna. What then could be doio but whatjwas " done? Was the credit o'f the Government to be) tarnished ? Her creditors could jvait. no longcp for their money md a loan! or national disgrace were the alternatives ! Theh let-the' blame rest upon those who, created this necessity byi their recklessj ex tra vaga nee. Let the J ulminist ration ' of Martin Van Buren be held responsible i-an-AdministratiorC which cimc into power with an overflowing, Trjsasury-xper: ded that and alllthc accruing- revenue for tho four years of its term ,"anc : went out of ppw cr leaving tho Treasury bankrupt the to. venue lessening month after; monih, a heavy 1 public dcblf and thousand of the public offi cers arid creditors unpaid ! i J Fellow-citizens, the Whigs of Congress have done their duty, hey have paiisdd measure after measure fpr'ihe relief of thy, country. At thp Extra Session they rr ado two efforts to establish such tin institution as would have given ua a Pfational currency a sound circulating mediiim, without which no country can bo prosperous, but they were unsuccessful. The veto power was callod in to elefcat thojse exertions.'! At . tho present session of Congress j they pass ed another bill to protect hc credit of tho Government arid provide a revenue, and lit likewise fell beneath jthe Veto. They have nevertheless done much tp redeem the pro miscs which they made.' I Their constant, desire and unremitted exertions have been to abolish all unnecessary offices cuifail extravagant salaries, and lessen the expW -ditures .wherever this could be fjone con-Jt sistohtly with the public interest. We en treat you, fei;ow-citizcn3, to. give iheso matters a calm l and lifiprc udiccd examina tion. To the Vhigs of " North Ca rolina, wc would earnestly appeal. - The election which is near, at hand is an important one. It may fix the political cdmlexion'of ih!o State for yearato come. The Congress ional and Senatorial districis are o bc readjusted a Senator in (bngress is to bp' elected. Are you' willing to" be defeated t Arc you rady to surrender the high char acter which you havd acriuired itrtho est mation of the ' Whigs of the Union ? A you prepared to seo your principles traml pled underfoot? If not J then it is .your duty to go to the polls anc cast your Ivotei for men who aro firm and fruo in their'nriixi -. t j ; '' ' CHATliES MANLYJ !;" :: ' John Ligon, ' ; " E. B. Freeman, ' ; .I-- W.J. Fuller, . "V ' tj GeorcJe E. Badge 3,-' . v -: A. J. Foster, '' j- WestLn II. Gales, I. IIenrIt W. Miller, n - , STcrii Stevenson, 1 , ' ; : - .TiiomIs HicksV ... i- JohN.WHarris,'! : G. WitnASvooD. ( 1 WLVONTAGDE. , FlIOS. Jl LEM'AYl ii 1 JoKNSTON BpsBEE, 11. mUHaywoop.' JMifes PLtTCHFORD; -Alfred Jones - John lif. Britan, . j S: F, Patterson. 1 i TTT - - tt .WHIG CONVENTION TV Vr-feiirr ' A vention of the Whigs of t(ie Green Mouri lain State was held at Middlcburyron the' 6th, nearly eight hundred' delegates being present. - Ho ratip Seymourl of Middlebury, pressed. Chas. Paine, the present' Go-! vernpr, was renominated, as were also tho Lieut.1 Governor and Treasurer; so that the entire Whig ticket of list year is again in the field. ; Resolutions "were passed; rongly- condemning the (course of John Tyler, and every, indication given that Ver mont, too, will rally under jthe banner of ! j HARRY. OF THE! WEST." From.Florida By Uhi arrival yestcr. day of the S. steamer ewbern Capt. McNultr, we have' intelligence of a late date from Florida. ' There is, however, no Indian Tiews of importance.! A correspon dent writing from Fort Fannincr. under date of. July.. 12th, says : (f Nothing from ucuacnee ana tne ureeks, land we hear of no depredations. , Ir is.uiiderstood; haw eter that matters wear .a favorable aspect. nauecK ana ms party; leave Uedar Keys for Arkansas in four orrfive days, together with some twenty.four vy arriors and forty women! arid child ren. Savannah Republican, 1 1 Mm : '
Highland Messenger (Asheville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 29, 1842, edition 1
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