ilWXX'N fajWWMMv . r IHMMH X ssmaonnilnnliH sW . 1 VI IkXT " - VOX . JOirn xV rJGK-LJ . III M HI I I w Tl lil n nf MiJP Id m "in M ' - - MM . . LJ.
jLi!,! lielHseiice, the News of the World, Political Informalion, Southern Rights, Agrkiltw, Uteratar art Miseelkof.
W M . I. YATES5H
EMTOI AVO l'HOI'i:iKTl!. .
CHARLOTTE, MECKLENBURG COUNTY, NORTH CAROLINA.
$2 PER ANNUM
In Advance.
T 33 ZTL
Office on Mirx Street, )
ONE DOOR SOUTH OF MANSION HOJoE.
TUESDAY, DECEMBER 2, 1856.
VOLUME r.
NUMB EH 22.
:N"ot7- Series
THE
(
eurocrat
vn (
published every Tuesday
Chaining the Wtesl NVw fH mid acco
ratc Report f MM fce"
: 1, i- (II)
J-..r the fear, 11 - - -
f .,;,, within sis months... - SU
Jf .. .ill :it. r ln- xi'initi..j) nf th.- . ;ir. 3 QU
Auv 1" !'' sending us fire m w sub- ,
M ril".. r-. ;i -..ni.:ii!it l by tin- advance .-ul- j
-,-ripti.n (10)will reevhrea sixth cpygra j
jj, f. r Mir. I
-5 ul.-iri)i r. and others rbo mny wish j
scud ilium v t ns, can ' by until, at j
our risk.
ADVERTISING
Om ajnani af 16 lines r leas, tor 3 months, i
- " tl " O (HI
M M .1 ' - ej 00
Fioa ssiornd and businew Cards, not ex
((cii'.iii: six Irnen, pet annum. a 00
lliir .-1 tare, l lines, ui k-ss, m at insertion, so mi
Kadi swhse 1'ii-iit insertion, a
; : Transient advertisements must be
pahl t r iii adi auee.
. i'r announcing Candidates forofnev, i
in ail ance.
" L Ad'rtismcnts nl marked "ii tin!
aiauusrript fur a j --: li - linn, will ! in- j
pert il until forbid, and charged accordingly ,
Wll Ll A M .!. Y ATL
3
7 .1 rJ If
n
At llii Western Democrat Office
Wnrrwiit, Marriage License,
Taa l ( ii't-
SubiMK'Hns .!;ir" tickets,
Aduiiuistrators Iknuls a'nl Uelters,
litinnliuu Itonds, ludmtures,
),.,,'- f-r cnvyiig Iaud or houses,
Prtrtiut:iu llouds, ju.-t printed.
I . Rhtiikr :' nil khida printed t order
k !.-irt i j :. .
i .Hiin i- mv ii
W'iuUT, far tlw iir)i
I I ! 1. . . I"- f 'I. .!'..! I.. Iiii 'i. r tli
il UNJ01t.' liuriug t!r- i
nfain iiiliu-- iha M - IT- .1 j
I.. ciun- and ll.K.piia!s in i iK and i una- :
.1. I.ina.
M Nuti-s and :iei-.u!iits jiii vi nis to tW Ttir
Kitfare in uW ueutds Ww. A. ' u. us. K.- j. far .
c 11-. Um.
KOBt:i:T4.!JBIX, M. 1. ;
iTbartott., Oct. , KA Ui-tf. i
f s ( Nsr.'vri'.Nt K
A Cn v. hi;-;i icvui r.-d
!' having
n :h:s ill
kt by Oh-
a-.-, im I be
litNis N :.
i !ji ilia and
i inn of th.- 3ff7l !' iy la-i. :
hI chum against ntmitfonn pvnmn
..i;..:ui.i ' nMiiitu . '. ii rli iuiii-s and eiam:
s, I..-
in tin- pmprrty ..t E. sn:i:i.i:. A. Ktmt
i m: A I '.. anl uih.-i-. a inch wr ;.!;. J :n my j
hawtbi fit .-..11. riMOi: All .-rsnus. r. -i'.in-.: ; ;: -i:-I .
klMH UlV 11 SUCH mUHM i r . .. -i. i.
- In l.v ilnlv K.itilii-.l. tltat lllib -s lb-v
apaf jaawi rlhitrl" Mid afc ap lla vstm , by i
i.- ,r raa, I Hiail la comja-ia
iib, KilN in lenity, th.-r.-by ubj.itin" uch
..r h. 1 m::.:1 la" e. ;-d 1. 1 I.
-
l,i :i'!'liii iicu am ui. i. ,-- .
s. V. HAVIS.
iriurbat.-, .Inn.- !o. 1-V.. if
The t'liarlotlr HMCiial
a tt -
In -tsr;tt3r( Company
MM IM lis I., take risk
vl Kie- on ; 1 - 1'"'
imaal r- .
i .-, ta liraw l-y s
Bui
-i.r.
M. X. TYI. ':. Piwabral.
. P. Al.KX N UKR, V.,-.- Pr.-.-Jv::t.
J. A. ViWXti, "1
j. h. win n ", i
J. II. (KS, y Ezecatire CVmiaaitUe.
OVKH W N.
V. STKKI.K, J
J. II. Wll, a X, ernt.
H NY I". Hi Ii IIIsuN. Secretary.
Jab ::, s-,. il
Fnrnitiire, Fttreitiirc !
IK r.l'.r an hand al my CA Hh
y . v I T.I i. Ml mi: y r, two
rinqr hefaw the Pnat Office, har
1.4 n, general -ortmet.l 1 urn-iwri-,
u hich I si !l ou the wioal r -.i.
Koaable li-rms. mnl aaake to order
aything in my lin?. I .1-" !,.(; on hand
I Hcfallir 53?'.: $ :vs.
Ami make at tlio iiliortst notice Mahogany
and other Coffin. Give me a call.
J. M. SAXIKR
Charlotte, Sept !, 1856 tf
A Xew Tailoring Elato
lihiucail. JAVRS BKIANT infarms hw trit-ad aud
J-inn-r imli-ni-. tleit b' h.i n o;i.-iii'd i. TAIl.
i;iNi RSTAIU.ISHMKNT in Kaigs n-
Itnihling, bT' he w ill 1m- haiwv to see any one
wanting any thing Juno iu b.- line. AH work
anantej.
i let. -'ih. ? tl
Barsaia! Bargains!!
CHINA DEPOT.
n E . KlVnOLS & BROTHER,
DIPIMtTCKS up
CHINA, GLASS So EARTHENWARE.
Abe, .1 gr.-at rariety of Tea Traya, Lampa,
Tahb Catbty, Britannia and Bloch Tin
War.-. YYood and Willow Wan-, and
Housekeeping MriMe srettrt ary.
MAT DOOX Ti I iiMMl.Ui'lU. BASK,
COLI ABIA, s. C.
Z "ir Tacking nan anted.
Nov. II, 1836. l'.-lm
I
Town Taw.
PERSONS indebted for Town Taxes, for
eithef r nil .f the years l-o'J-":'4" and-'.".,
aw r.-cpi, sled t.i ni.-ike jsssMsfMU pavment.
All who disregard this notice, bv t:.ilin-- to pay,
will rind their property advertised fursnh, in SO
4nya iVom this date. X'ow. yon have (air warn
hmg. S. A. MASKIj,
Aprils, tf Tax Coll. dor.
DALLAS HOTEL
For Salo ox ncnt
The stlbs-rib -r off rs to Sell or Kent .
th- Dalla.- Hot. 1, generally known by
the nnnu- of IVsrnun's Tavern: bcrk- '
lus
si.oi given about the first of February, 1?-"T.
mi
Any person wavaw to purchase or rent, will
pi. ase call eariy and examine the pcenuses.
This Hotel receives the principal evtOH in
that section.
AHDSE V IIOYL.
Oct Ir:. 17 tf
NEW GOODS.
W1
i Me receiving oar usual Snpply of Fall
and Winter COODS which shall be sold
a.s cheap ;ls tin cheapest
UK EM & STEELE.
o,-
7th, 1S56.
EMBROIDERIES.
Sarisa.JacoiM'1 A Cambric Edeiiursdi In
rtiiin---.
Floanciuint,
Collars,
" Sl-.v.s.
Betx, black and wbit.
151IEM & STEELE.
V. r Lao
Oct. 7, 1
EOLTING CLOTHo.
UliEJI STEELE.
Oct.
HARDWARE
OF A LL KINDS.
BRK.M STEEL
Oct. 'th It
jLADIEy DRESS SILKS.
HK Largest and most varied Stock ever
offered in this market.
BREM i. STEELE.
Oct 7, 1 8 I B.
LTSLI N
D'LAlNS, t: A S H M K K E S,
LA1D3, &c.
BREM St STEELE.
Oct 7, l-.U.
LADIES CLOAKS.
A
A VERY LAlit;E ST KJK. v rv eh an i
ud
U-iraul.
BREM & STEELE
Oct 7, I -"hi. J l-;t
FARiUS FOR AIiE.
PsiIIE subscriber ofi rs fur sale two farms
32 lyinir an the waters oi flear Cuek. in
M. ckleuburx county the li,st known as
; The Alexander tract, containing
30 0 Acres.
; Well imnroved. w itb a siood and ? I
I corautod.oas dwelling bouse, and
j all the oat-bous. s necessary fi
ui' a
farm.ii! ! repair. There is also
, j tjood 3torc-liOUse
UN TUB raEMlSES.
Thi
proper! j lies Ui miles from Charlotte,
at i it v ' toss ivo iti .
. . L j l
road to Con
cord. The farm is in all resp i t- in good con
, ilit ion j and contains a quantity of fine bottom
The ether Tract,
Adjoins tin: above, and contains
;i)5J
This i- also a well improved hum, with goad
! bmldiugs, has ex-eilent Timber on ACffifia
' it, a O'ld meadow, and a lirst-rate irvvfj- j
cotton Uin. There i aUo on this v7"? i
(xold :..5t? Copper 5iasr.
' Both of the al ove farms ai e desirable estates
a;. d w ill in so!.! on rasoaab! terms.
Ajily
on iie premises.
J. M. W. FLOW.
I July 2., 1856 tt
l 1TIOAT1
AKllUJI
HOUSE.
" i (
a Li
;.
V.
1
.-st-.iv build-
J-i. in
til.- sid.' Clf-sti r 1. pot, is
th. aeeonuiMidatlon of ?..-,.::- tra-
in' i
vrllin
'ih.
"II li
by ih.- car. or ntk.Twaa.
Tn-'i'ie'oris vrt-llawan- tli nothing short
.i-t hws by ( of jj Mll-ketl 2B: will iudm-.-a cu-i--.
At., at I t.Nu to thL , so n-reiitiv gotl nun; aud although
up! very adicinns nf patronage, ih- r.-frain.H from
I ihoe thousaml-and-ou:" promb. which have
, been nnoh- only ti la broken by many ol hi-illu-iii-iiis
j .i Iii etnlid.-ntly lnjan
I that he ill b,-iustaiTte.l,and ntou fri d give sneh
1 mtbfactaai and aecanmudation aa will m ud hint
on hb way n-jicing.
CAKK HX
CnV-t. -r. S- ('., Feb. 26, 1
,ili.-
3fTIIIIC ttOTIE i - Iirelyl-
. -is, that all the and Aceounts ..
t
s,re-.- : : Sl Allison, irtl, DaislH
.V '. mid llliNM& Oanlnl. arc irans-
fi-rred to the. aui
Hh- henetit ol thi
rntlitor
Ho-y art
dbie c.)
ol' s.i i-J Finns n-!p--tively, and thai
in the bands of J. R. Daxiki. for iiunie
i-ri.iu. IT LongT indulgence cannrt
I )u- given, as the neb
1. r. 25, l-.W ti'
must in a"-'
.Jo'.IN AlddsoN
J. K. DANIEL
JITotice
A Valuable HOUSE P.nd LOT
1TI E snhactiber otfers for sale his
I irge and well-improved IlorsK
,ml Lot. site a ted in the southern
1 1 1 mm
a t
portion of the town, adjoining the Ijots now
owned bv R. F. Davidson and A. H. .Martin,
known as the Spra't property. Mr. John R
l ,i l i fhllv author ized lo uittk sale in m
ahaencc. Persons in
want of a desirable sit-
u ition in town, would
r!o well to call and c.-
amine this properly. The H use. and all out-
buildings are new :n:l m mrsi-raie era r.
Possession riven immediately. Terms made
to suit the purchaser,
i
i
JOHN AI.MSON.
August 19, IS56 tf
-A - -
jKToticc
A Valuable HOUSE and
LOT
vnn SALE OR ffE.vr.
rpiIE subscrilw rs offel their well im- j1 A
I proved Lots in the town of Clinr
loUe, for sale or rent, sitnat d in the'
I i. r, ,,f';,,n ns" t-:e bivn. known ns l!,c
j Penman property, containing 1 lots. The up
i improved lot are very desirable building Lots
1 Apnly to Jehu R. Danii I.
I 1 ALLISON A DANIEL.
Aup. ID, 1 856 tf
SnmethillS h.l1 V.'a nCTCrl
... ' . , i
offered belore! i
The best Plantation in Meek-
Unhnror Cmtntv:
a . .-. v r r;..
ll-f!. 7l U( ' o "l i ' - '
radr. Fi
at ion C utains 500 Afres, iu
' JL th !'
si (th-m. nt, h iej .ui the war
' t.-rs of Flai Uraneb. 11 mill
nth of Charlutt.
Persons wisbine to pore base, would do well io call
I andacc for iheuiselves. li this tract be not si.iii
' cunt, OTHER TRACTS ol equally good lane,
j near at baud, can be puicbasi d upon lair terms.
! li there be those who wish to purchase s small
tract, :1k -y can also be SCConunodated ra the same j
neighborhood.
Also for sale, a Planta. - . :$ IO lerP.
rhhacood SAW MILL aud liOLD NINE,
rjrmsj on the waters in Mile Branch,
B miles from Charlotte, well timbered.
Poowooioa to lie given on the -iith
dav ol Deceuibci next.
JOHN S. PORTER.
qo,ooo P'rs of
BOOTS AM) SHOES.
-I I v I I . IJ-
I
Charlotte, N. C.
CATALOGUE OF GOODS AND PRICES:
' Heavy ilouble solq Krogans, loines(io rnanu-
iactme, all numbers over 6, at $1 5u
oak sole liroans, northern nan
ujactm e, a good article, 1 50
nailed sole Brogans, for miners
am! Kailroad, !?ooil, 1 5
ooubie sole, round stam Erogaiis. 1 4u
single soie riveted Brogaus
goo. I aiticle,
1 35
1 25
1 15
1 00
1 50
ingle sole riveted Brojans, a
shade lighter,
" single sole riot riveted, Brogans,
a shade lighter,
" Heavy single sole Brogans, infe
rior stock,
Mens' ki; Brogans, a good article, No 1,
(Webster)
" " l No 2, Y.F.I), 1 35 j
" i :, j
" lined and bound Brogar.s 1 25 1 5u
w calf " 1 70 2 ou I
, Oxford calf, 1 75 2 00
Cents' calf Congress Gaiters, peg, 2 25 to 2 75
cloth Pat. tip " " 2 50 to 3 00
fine calf sewed Shoes 2 50 to 3 50
" fat. f lixlir
ami main, J iu !o .s on
3 00 to 3 CO
Mi-iis' fine kip sewed, (Planters)
) 1 75 to 2 00
r -1 00 to 5 00
Gents fine patent leather (jaiti
" 1). S. Quilted Hoots, and
stitched, extra, 9 00 j
" Quilted Hoots, stitched, ex. & .01) j
2o. 1 . 7 00
heavy calf, I). S. sewed, Planters'
Ioots, very clieaji, S (JO I
" calf, 1). S. peg and coik 1'oots 5 00
m fine calf, cork sole, and made
with copper nails, 7 (JO i
fine calf, pp. km c on I
heavy I). S. Calf, plain bottom, 4 00
M kip, - k 4 ou !
' " and heavy
welts 2 50 to 3 fiO
u Hunariaa, common, 2 00
lers and Miners' Knots. 2 ,';0 to 1 nO .
Dit
lit YS' DEPAUTM ENT.
Boj s fine Congress (.alters, Pat. t ip and
Iatmi s-' no t.. o in
t'aif Shoes 1 -j; to 1 ."0
' m K;p Brogans, good 1 2",
" " " " good,No.2, 1 00 to 1 12 j
" heavy Brogans, U.S., good article 125
" " from medium to
poor ?") io 1 00
Youths' call and kip Brogans 7o to 88 ',
m extra heavy and good 1 Od lo 1 25
M thick " " 7.1 to Sr
" liglit and common 50 to C-
DA lii ;S' DEPA RTM ENT.
Ladies1 line Congress Gaiters, double soles and
loxcd, lor winter, with be Is, 3 00
44 fine Congress Gaiters, thin soles, with
heels ;j 00
fine 44 " " without
ti)9 a 00 to 2 5U I
" tin 4- " " 2 00 lo i 30 j
" fine French kid, side laced Gaiters, 2 50
" hue side laced, thick and thin soles,
silk, 1 30 to -2 00 !
" fine to common ' " l 25 to 1 50
" fiue goal Boon s,bcst article, flannel
lined, ii r winter, 1 75
" fine !'oaiBootes, best article, twilled lined 1 50
" linegit Bootes, No. -2, twilled lined :..
4 fine Morocco and kid Boots 1 50 to 1 "i." ;
4' line patent leather and fancy top, 1 25 to 1 50 I
44 fine leatb r Bootes, a very lair shoe 1 00 j
44 fine kiji and call, a very good shoe 1 -.r
" fine Ibitch Boots, al! kip, " 1 50 ;
" li.:c C'.Higreae enameled and kid Garters 1 50
nnc naii in lea tile, mni enamel i i" to i zo
Misses Saoes and Gaiters, all grades, prices
varying from 5 to 1 l:
Childrens' Shoes 25 to 88
OVER-SHOES AND RUBBERS.
Gents' Buffalo over-shoes, for winter $2 00
" sleiiih cat Rubbers c over shoes, 1 00
" Rubber Sandals, one & two straps 1 0l
Ladies' Buffalo Over-shoes 2 .",o
i loin vver-Mioes i au
" Rubber Itoots 1 P0
" Buskins ami Over-shoes 75
M Sandals 7.r)
Misses' Over Shoes 50c. to 75
I M M RST1 : M ANC F ACTU ll E.
a-p ma...- noocs ana snoes constantly on
iiaiiu aim mane io oruvr at saort neiice, troiu
the best imported stock.
Gents' fiue pp. Boots, warranted $S 00
: 1). sole brad bottoms, Dutch edge S 50
u Dutch
edu". footed on old leirs, to order fi 00
Pp. Footed on old le'S, to order 5 00
Gents' fine calf Shoes, to order J 00, 3 50
' heavy kip sewed Shoes 1 7.0, 2 00
Ladies' fine calf Shoes and Boots 1 75, 2 Of)
" heavy kip 5 50
E!7"Goo Is of our own manufacture are all
warranted not to rip.
Prices by this Catalogue are for cash only j government in accord;, surely we have am
is the "ood.s could not be sold at 'he very low j l r,;Klll. tn bone for a Kiie.ee ssftil admin-
figure mentioned than lor cash.
I .1 I - l "
ine aoove comprises nut a email portion
ot our stock, as it la impossible to enumerate
every article in an advertisement, so that it
may be understood without seeing the goous
Cash price of Belts per running foot:
:i inch Bands ? 6 R inch Bands $ 60 j
:r2 -,' I " 6 1
1 -,'S tt ' " 68
J i 'J i Oj " " 7:2
5y :u; l o " M 7;
' -10 ini " bl j
t) " " 4 1 II " " 861
6J ' IS 11 J " - IH :
7 . n ;V2 1 2 " " DO
LEATHER BELTING.
Tha public mav depend on getting the best
HikI be had. the will run straight,
hold their width, ami run flat lothc pulley.
I II CSC M HI B i'.iu in 'i "i- - i mv ...i
-! I I
ds arc made ol the best oak tanned
lcatln r. and the- solid part only used. 1 hese
! Joints are put toectber with water-proof
I cement, w hich allows them to be used in
! damp places, without any clrcct upon the
joints.
1 he best ol copper ri. cis uscn. n
assortment generally on nam, ai
imib i i
made to order.
Aiso machine belt clasp, for
connecting Belts or Bands together, to run ou
Mr. lum rv.
1 bis oiasn is
made of p
late s of metal
dated out or. the inside, mafc
ioc teeth .-harp 1
enoughto prcM inf. the Belt and hold it. your naorcj pa. --.e.-nithlut
cutting intoand impairing ilsstri ngth, t.-.iu one oi the public debt of the State.
a is the case with making holes to lace
. " , -.i i. :. .l.. .bii;mI n
throtiL'ti. or oue rn ise. i -r,
the Belt, confined togetner ay means j
fmiAm for the nurooMC.1 so as to hold
mi to every pirticlc of the 1! 1:. thereby The books of the Treasury further show
retaining its whole strength. An assortment j au imlebt.'dness by the State to the Litera
ahvnvs on hand. j rv fund, on account, on the 1-t November,
Aloo. Superior LACE LEATHER on hand, j j'.-)t;. of 140,4 L! 8t. It is roper t . state
and COPPER RIVETS, with Bum. that this amount should be increased by
SoUa nd Upper Leather ol every description j .,iJ()Ut .jK. SIin ,,f $$0,G3! for interest on
Const l I.J i i
Caah paid for Green or Dry Hides, or
taken in exchange lor Boots and Shoes, at
Csahprieeo. BOOH r- A: to.
Charlotte, Oct. 7, 1856- 3m
ata tly on hann, nt low prices.
GOVERNOR'S MESSAGE.
To tht lit
IJonorablt the General Assembly of
tht Stale of jXorlh Carolina:
t
Gextlemex: Yon have been elected Iv
the people of the State ti represent them
in this General Assembly. They have
confided to vuu powers, the bighct-t nnd
mo.st important known to vnx government
and laws. Comincr as yoa u fresh from
the great body of your fellow-citizens aud
from every s t-;iaii d" the State, if is .nj
posed that yoa are acquainted with their
! wants and ni.'ee.-
tties, and that these will
provided tor, m lur
n. it enn he done
by wholesome and enlightened legislation.
I ilulit not that every effort wir be made
.ii your part not to disappoint thesi rea
sonable expectations. For my own, allow
me to assure you that my aid, however
feeble, shall at ail times Ld given towards
facilitating your labors.
Before touching upon matters concerning
more especially 'ur own State and polity,
allow iii- to congratulate you upon the hap
py termination of the exciting politic al eon
test through v.liic ;i the country lias lately
passed. For the iir.-t time in our history wo
have seen an attempt .-(run
ly made by
peaking, by
i. to cet the
1 one section, or more pronerly
i poiiiivui arijroi iiuti .-i-cii
. ..I - i- . i x .
contr
1 tin
ferent denartment.s of the
,.
' rrciiorul crovernment. with the di-termination
ui , w iiii the dctermiua
expressed to administer that government
j ou strictiy sectiona tiartvcrouuds. It was
virtually an attempt to degrade one section
aud to endanger its institutions, and to deny
to it those ctjual rights and privileges to
WIllCU all IDC Mates in tli
tied, and which hitherto tl
I moil are Clltl
v have i nioyed.
True it that this was sought to be done
according to the forms of the constitution.
But the attempt was not the less atrocious
for that reason.
: i ne general government was mtcnued uy
its framers to operate for the protection and
' safety of all, and ii' properly administered,
' will only he felt in the most benoficient
i manner. But whenever it is seized upon,
i even under the forms of the constitution, by
I one section of the country and so wrested,
aud perverted from its legitimate purposes
as to LH'Come an instrument u oppression
or degradation to the other, he knows very
little of the Southern people who believes
that they would submit tamely and igno
miniously to such a government and to such
an Union, however dear one of n different
iind mai
tnd
1 trust and believe, is t
11. Whatever mav have 1
eeii said to the
contrary, we of the South have not sought
to control the affairs of the country ur its
government, so as to advance our own pe
culiar views and interests at the expense of
any other .- action.
All we have asked for is to be. protected
in the rights secured to us by the constitu
tion, tobe let alone in their ciijovmont, and
to be treated as erjuals among the States
and iu the common Territories of the Uuion.
More than this we have not sought to '
tain. Less, if true to ourselves, wc will
never submit to take.
United, as we have been, mainly, in tin
late contest, we have nothing to fear. For
a time madness and fanaticism ruled the
day, and the wisest, the best and most pa
triotic in the lind wen- filled with fear and
misgiving. But the result shows that we
have as friends a large and influential body
of patriotic, conservative, national men at
j
j hav
i 1" el
rv t
oriu, who, in
.i i -
a crisi
IJlilv-
s like tin
it every
the right
t before
one we
hazard,
s of eve
thcin, I
tsscc. are r
tnd by the I Im m am
action. The task s
K I 1
; regret to say
nlishinciit.
was om- no
ut well and
-y ti
f accom-
ullv have
I they performed it, aud entitled themse
; lo the thanks and plaudits of all and
Ives
the
eternal gratitude ui the South, rot the
present the contest is ended, perhaps to be
rt uewed in n short turn
us li
pe otn
crv. isc, and that peace, order and good feel
ing mav return and abide with us.
One of the foremost statesmen of the land,
, cmi1CHt fOI
lis talents, of great
knowledge and experience hi public affairs
just in his purposes, national in his. views,
moderate it. all things, and whoso private
life has been as pure anc
irreproachable
his public one has been honorabh
use-
ful have been elected President of these
United States. Scarcely inferior in all the
(jt.alities of a statesman, though of fewer
years and less experience in public affairs,
is ho who has been elected to the second
office within our gift.
With the legislative department of the
I 1 . .. 1 .. .. . . ..
istration of our national affairs, a restoration
j (lf .,..,, ,ilu harmony, and a strengthening
! . r, . HVc u;-i, hi.1 Mother il... States
In one National Union.
It gives me pleasure to be able to stale' to
you that since your lat session, the pi ncral
condition of the State has been one of pros
perity and improvement. Our public works
are steadily advancing, our colleges and
schools are on the increase, and are gen r
ully in a high state of prosperity ; our Com
mon School system, though by no means
perfect, is y. t gradu
rovmj
ana
manitestmz verv dociuei
,. V Oil f I .
fthe ben-
eficial results anticipated fro
1 ..'ill. '
i it. ( n.tr I
ay nothing
tice it de- I
ereat interest, agriculture
ti
f othei
is
attrn
inc the not!
serves, am. our peo
; for the best modes o
rle are on the enquiry
improving tl
. 1 1 iitu' i.
lewhole,
i creased,
i mditi. n,
ughoue
veiu has
-lv rains,
anu mcr
asing their
ca! comfur
nbv
, . .
are
; vw.;j
v. mic it
. I..
e d that our mond c
s improving. Aud tin
ns a nooph
J 0f oar grain crops for the preset
j been cut short for the want of ti
vet. in view of the inauiloitl bu-ssiugs v.c
tve enjoyed, and the evils from which we
I nave been spared, we cave ample cause to
j rend, rtbanks to that kind Fro idencewhk h
l hit'u rto has so minently blessed our peo-
i i '
. and counirv.
Tl
1C t.r
-t subject t-
which 1 desire to call
i ...
Ltteuuon i-. ine lmpor-
1 1 lore loilows a
'
-tatement troiu
th
lie Treasurer shown.
I Usui e. bUVWllig till- lUUCUlt-UIItB? Oi
bt....,
the Slate by bonds t" be 5,1 38,802 55.
! holnis lit ine .--itiii-- win o oia-ni
I yj M aBOVe get forth, and ai o up
u bond- of the State, purchased a
rfeu as part of the Literary Fund.
bonds of the State held by the Literary
nt
and
Further reference will he made to the mat
ti r before concluding this communication.
By virtue of legislation at the last Gen
eral Assembly. State bonds for tin- following
amounts are yet to be sold, and the pro
ceeds applied ns follows:
Fayeteville and Albemnrie Flank
road, running CiJ years, $20,000
Fayetteville and Warsaw Flank
road, running x!U years, 0,600
JRlantic & X. C. K. R., for bal
ance f State's subscription, 30
year liuitds, and which will pro
bably all hi- called for in the en
suing year, $233,000
Western X.' C. K. R., 30 year
bonds, for balance of.Stato's sub
scription, and which will proba
bly be called for before the meet
ing of the next General Assem
bly, 0(.m,!!j;)
Insane Asylum, i) year bonds,
will be required at an early day, 21,000
Total, 1,180,G0U
By virtue of nn act passed at the last
General Assembly, $2l),(X)U was subscrib
ed to the stock nf the Yadkin Navigation
Company, of which $5,000 lias been paid;
and under the provisions of n similar act,
$20,000 was subscribed to the stock of New
Kiver Navigation Company, of which r-'JU,-iillO
has been paid,
caving to be paid the sum o s,),0(
The payments above were made out of
ordinary funds in the treasury, there being
ne provision for raising- the money in any
other way; and the above balance must bo
paid in the same manner, unless other pro
vision is made th n for.
The Slate is hound, as endorser, us fol
lows: On bonds of the Wilmington ?c
Weldon (. It. Co.. $250,000
On bonds of Cape Fear & Deep
Kiver Nav. Co., falling due in
the year 1885, 300,000
On bonds of Chesapeake & Albe
marle Canal Co., fulling duo in
30 years, 250,000
& 800,000
The State is secured hv mortjraffes, nc
cording to the several acts of Assembly directing-
the above endorsements.
Of the amount last named, $50,000 only
of bonds has been endorsed and delivered
by the public treasurer. But the whole
amount is put down, as the company lias
given the certificate of the requisite sub
scription of stock in the same, and executed
the mortgage required by the charter to en
title it to the endorsement of its bonds, to
the amount slated, when called for.
The interest has. for many years, been
paid promptly by the first named company :
and its present prosperous condition re
moves all doubt us to its ability to pay for
the future. The interest has also been
paid on the bonds of the Cape Fear and
Deep Kiver Compuuv. The bonds of the
latter company having been issued within
the past six months.
From information unofficially received,
it is highly probable that the Wilmington,
Charlotte ami Kutlu rford Railroad Compa
ny will so far comply with the terms of its
charter, granted at the last session of the
General Assembly, as to enable it to call
upon the State for endorsements of its
bonds. As to the probable amount of such
endorsements, or the times when they may
be called for, I am not able now to give any
definite information. It is proper, however,
to refer you to the charter of the company,
and to say that, more definite information
will be laid before you during- your session,
should if coiiie to my possession.
1 may also refer you tc the charter of the
Western N. C li. Ii. Co., by which the
Stale is pledged to subscribe two-thirds of
the stock for the sections hereafter to be
built, should private stockholders subscribe
me-third.
In this detail of tin; present aud prospec
tive indebtedness of the State, I have omit
ted temporary loans by, and indebtedness
to, pome of the banks of the State, author
ized by resolutions of the last (ieneral As
sembly. These liabilities are fluctuating,
and will more properly appear in the re
port of the public, treasurer.
To meet the.-e liabilities, besides the
means to be derived from taxation and other
ordinary sources of revenue, the State onus
the following stocks and effects:
Kaleigh & Gaston Railroad Stock.
ji:.r value if 487
')()
X. C Railroad, do.
X. C. Railroad, preferred
(! per cent . "
Atlantic & X. C. Railroad,
paid for, "
West'n X. C. Railroad,
paid fer,
2,000,000
1,000,000
533,000
200,0:M)
Railroad Stocks,
P 1,220,500
Fayetteville West'n P. R.
stock, var value, $120,000
l ayettcviite o: arsatv
Fay. & Albemarle, paid fo
Plankroad Stocks,
10,000
30,000
160,000
NewRivi rNav. Co. stock jar talue,
and paid for, 10.000
Yadkin Nav. Co., paid for, M 5,000
Cape Fear fi Deep River
Xav. Co., 44 lGi 1.000
Navigation stock-,
175,000
The Slate also holds the bond
of the Wilmington and Wi 1-
e.;; Kailroad Companv, upon
which the interest is regularly
paid, for " 50,000 00
Also, two bonds of the Seaboard
and Koaaoke liaiiroad Co.,
each for ..')7 14, dated
Jan. 1851, payable in two
and four year.-, interest paya-
10.7 7-J js
S'JO.77 1 2 -
X" interest has been paid on these last
nane d b ind-, and the last General A-sm-blv
extended the time for pavment of prin
cipal and int. rest on the first bond to Ti of
January next, and should the same he then
paid, the time f-r the payment of the prin
cipal and interest on the other bond waa
extended to the 3d January. 1850.
In ti ls eonnecion it may be proper to
sav that $40,4100 was appropriated to the
improvement of Neuse Over, and that after
muluu
g the survey of the river the balauc
the stock
miMinV.
,i report has been made to me ot tire
President of the company, as roqiihred by
the charter. But 1 learq unnfceutlly that
no practical benefit has reunited from the
i ATfiAiifliliwn nod that the l-riHii'ifv nod
; effects of the company have all been sold
i under execution.
By trtuo of the ael of 184t-4ft. 25,000,
and by the act of 1854-5, 15.000 were
i appropriated and raiai d by the sale of
I bonds for the improvement of Tar river, t"
j be e.pended under the directum (if com
missioners appointed by the Governor. No
I provision was made for charging foils on the
I river: and the sum expended is not induced.
' therefore, amonir the stocks owned bv the
1 O e
! State.
j The Western Turnpike is owned entirely
bv the State, and Will be noticed more par-
j ticuhirlv hereafter.
The State 1ms also some incousiderable
: amount of stock iu Turnpike Com pan ii s,
which have not lately been, por are likely
to become, profitable or of much value.
It is hardly necessary to add that the
other railroad and navigation stocks owned
by the State constitute a part of the Liter
ary fund.
The receipts into the Public Treasury
for the two last fiscal years, ending the
.'tl.t of October, 185G, are stated as follows,
from the book
of that office:
Fiscal v'r,
1854-'5.
Fisca
1 853
r.
'ti.
Raioiph tV Gaston
R. R. dividends,
Fay. & Western
P Road do.
Tax on Attorney's
license,
Tax on Hank stoc k.
Interest on W. & it
Railroad bond.-,
Cherokee bonds,
Public Tax,
:i!.7l: 50
4,80?) 00
.".!;.") no
7,;?: 23
.'1,000 00
fx;:; no
270 -.'.".") 08
20,250 00
4,800 00
535 80
14.182 33
1,300 00
341,831 SI
$327,270 03 8301,001 7
To the item for public taxes received for
the last fiscal year should be added the sum
of $10,21 1 31, for defaults by Sheriffs, the
larger portion of which hits been since paid
and the residue will be collected.
It will appear also that the sum of $3,000,
interest on the bond of the Wilminirton and
W
el.ii-n
Railroad company js m l credited,
seal year. Pronorlv stu:akiiir. it
should have been, but was omitted bv a
mere oversight, and will be found as n
credit in the present fiscal year. Inclu
ding these sums the amount of revenue for
the lust fiscal year, may ho sel down at
$ 105,113 31.
1 regret to say that this amount will be
less in the present fiscal year, in all proba
bility, by the dividends received heretofore
from Raleigh ami Gaston Kailroad stock,
and partially, if not entirely, on stock iu
the Fayetteville and Western Plankroad.
No dividend was made at a lute mi etiug of
the stoc kholders of the former company,
owing to the fact that thv: earniags of the
company were chiefly expended iu heavy
and extensive repairs to that portion of the
road extending from Gaston to Weldon,
which, though lately built, was so defect
ively constructed as to render these repairs
mdispcnsible.
Tie- bridge over the Roanoke river, at
Gaston, is also undergoing thorough repair.-,,
and large sums will be required du
ring the ensuing year for both purposes.
It is expected after these repairs are made,
that tin: stock owned by th, Slate iu this
company will again be remunerating.
No dividend has been made during the
present year on the Fayetteville and Wes
tern Plankroad stock. The construction
of the North Carolina Railroad has, it is
said, impaired to a considerable extent the
business of the Plankroad, and it cannot
now be safely looked to for paying the
handsome dividends which it formerly
yielded.
It is confidently expected that the North
Carolina Kailroad will ultimately pay good
dividends. It. is hopt d that it may pay
some dividend at an early dav. and thus
measurably relieve the public treasury.
But I am not sufficiently informed upon
the subject at this time, to forma reliable
opinion as to how soon such may be the
case. You will, however, probably have
such information laid before you during
the session, as to enable you to determine
whether any aid may be reasoually expect
ed from that source in making provision to
nn ct the liabilities, present and prospective,
of the State.
The ordinary expenses of the Slate gov
ernment for the two fiscal years ending the
31st of October, 1858, will not, 1 think, ex
ceed 8170.000. or an average of $85,000
per year. Tbev will be mor this vear on
ace
mint of
vour session, am
1 b
be next.
From the statements given it will appeal
that the interest payable annually, on the
present bonded debt of the
Slate is
And nj on bonds to bo issued
under existing laws, the
gr uter part in the present
fisccl vear,
$302 32H 13
70,P:2j 00 j
And
unless
.revision n
made
fr raising it otherwise ti
must be paid out of
icre
the
Treasury,in all probability,
for the Yadkin & Now Kiv
er Nav. Co.'s, the sum of
25,000 oo
It will be seen, therefore, thai the present
revenue of the State will fall short of meet
ing these liabilities, and that further pro
vision should be made for that purpose.
deem it a matter, too. ol the first impor
tance, that provision should be mivh- fur
the ultimate payment of the principal of tin
debt of the State, pn -i nf. and pr
isppctl e
lY dealing a sinK nig tuntl suincieitt in meet
the several liabilities as they fall due.
Prud nee and a wise forecast, a- well as
the experience of other States and govern
ments, would seem to dictate siu-h ;i course.
an I the debt can be inori
easiiv met and
extinguished in this way. 1
kin to tin-
present only, policy would seem to i
it. if for no other reason than tin. of
i quire
Hi ai Ir
tabling our credit u. dm-.. aired, and thus en
abling
terms
to u.-e it readily and
tin
Of
for extending our publie works, or
tor other purposes. I u
elii-ct of
itcii a
system would surely be to ke,-
bonds at par (a very important
our Mate
son side ra-
tion,) and in all probrability to put them at
a premium.
J submit to your better judgment as the
h. st m ans to be adopted for raising sue ii
a fund, advising, however, if one he pro-
vided, that its nssuMgcracnt fehall be entrust-1
was subscribed as directed, t
the Xcuse River Navinitiou C
of cd to y. competent hoard, with a ej-ri tarv :
I the Pultfic Treasurer to he mada the tron.-
' user of the hoard, hut the funds t b keit
: aeparate and distinct, at all lime, from m c
other funds of tin-Stale,
! It hus been already stated that it appears
from the book:
t tlie I e.lilic 1 reaMli i r Unit
there was due. on ocean, to the Literary
Fund the sum of 1 40,4 12 80, on the I at
November, lSmi. and that the State was
further indebted to that Fund C r interect
On puudri bunds, in the sum of S-JOJi-'ti
r tbereaboontft ; Making tho wholu amount
dm- $171,043 H.
A considerable portion of the balanno np
pcuring on tha books is principal mouny,
and ought to be invested how much docs
not appear from the account, hut may 'no
ascertained. This balance has been ac-
CUOHllatfug for some cars
large por
tion ol the interest lue.it ! Uieil aliovo, M not
carried into the at count, is due upon two
i l.omls of the Stale, constituting the item of
$40,300 55, in the statement given of the
lion. led debt of the State. These bonds
; win- executed by the Public Treasurer iu
t tin- year 1848 and 1849, by virtue of a rtaa
lotion of the General Assembly, iu liell of
other funds belonging Iu the Literary Fiiud,
i which were transferred to the State Trotis-
urv. No interest has been paid Upon these
bonds. Calculated to the last seuii-anaUn
pay dav on same, the interest .'.mounts to
i the sum of $22,035 SO. Under the circum
stances presented, and in the present state
' of the public treasury, 1 respectfully recom-
I mend, that this amount he Converted into
principal, and that the public treasurer ho
reouircd to execute the bond of the State
for the same to the President and Directors
: of the Literary Fund, bearing six per cent.
' interest, payable semi -annually.
By the existing law on the subject the
coupon bonds of the Slate are payable to
I bean r, and no endorsement by an owner or
hobb r is required for their transfer. The
holder for the time being collects the
Coupons for interest, and may collect the
principal money when due. As u general
rule this provision is best, for bonds thus
; transferable are more saleable in the North
ern market. (tut it has been suggested to
1 me by some of our own citizens, who have
j made pc rmancnt investments in these bonds,
' purchased either of the Publie Treasurer
' or others, thai where a holder or purchu
I scr of a bond desires it. tho Treasurer of
i the State should be required to note the
I number, date and amount of the bond in a
book to he kept for that purpose, and b
j whom it belongs, and also to endorse upon
j the bond that it is transferable only at his
i office by writing on tho bond, witnessed bv
j him.
It is generally the case the holders nf
these bonds, among our own citizens, have
no safe place to keep them. They uiv
liable to he lost, stolen, or destroyed by
accident. The consequence is thai of
those who hold them feel insecure, and
those who do not, fear to invest iu
them. It seems to me nucha provision
should be made, and every inducement hold
out to our own citizens to make investments
in these securities.
It gives me pleasure to inform you that
by means of tin- liberal aid extended by th
last General Assembly our main lines of
Kailroad iinjirovetnc.it, lire being extended
east and west us rapidly us circumstances
will allow. On the 12th of September, 1855,
u subscription, on behalf of the State, of
$1,000,000, was made to the stock of the
Atlantic and X.C. Kailroad Company, of
w hich the stun of $1533,000 has been paid
by sale of Slate bonds.
The whole road from Gohlsboro' to tLo
terminus at Shepard's Point, on lleufort
harbor, is under contract, a large portion
of it is graded, and another portion extend
ing miles west from the town of Newborn
has been laid with iron, and is now in use.
On the 2thfi Semptembcr, 1853, a sub
scription of 800,000 was also made by tha
State to th.- sto.-k of the Western N. (J.
Kailroad Company, of which the sum of
,100,000 has lately been paid by sale of
bonds. The greater part of the Una of this
road has been surveyed and the portion of
it from Salisbury ton point near Statesvillo
ami thence to the west bank of the I 'atawba
river has been located, aud let out to eon
tractors, and a considerable portion of it
has been graded. Fuller infoi inutiou as to
these work- will no doubt he laid before
you by tin- respective companies during
your session.
I hare been promised n full report m
the operations on Ilrep riv er, and regret
that I have not an opportunity to lay the
same before you at this time. Sonic cd' tho
works on the river were damaged to some
extent during the present year by high
water, but not to the extent that was at lint
snpposcd. I was invited during the present
fall by the directors of the company, to go
upon the line nf the Works iimJ .-ec the ex
tent and progress nl the improvement, but
1 my engagements were such that I could
j not do so. It is represented to me hv one
of the Slate's directors that the ultimate
praetiblility of the work is beyond a doubt,
ami that safe steamboat navigation has been
obtained to L'.ckville. on Jhcp river; thuf
above this point a heavy atonC (ek has
been deemed advisable by the nginaer in
charge, and when that is completed that
the navigation will be open to the onl
fields. Ullt thai sonii of the older work
",l-t '"' replaced, to a considerable extent ,
j by new ones of a more substantial charuc
i tef : and that t complete nil flu: work con
! I'-mplali d and relieve the company of mi
outst inding debt of about 8100,000, which
has great lv ernharraased the onmpanj in it
operations, a further sum of about $300,000
; will In- rcquh-ite. I oaa only add thut w hen
; more definite information as to this impor
, tent work is received, it shall I.e promptly
I laid before you. A report is soon expectd
! frmn the commissioners appointed to snper
hmtcud the work on Tar river, which, when
received, will be luid before you.
It i- my purpo.-e ul- in a short time, In
! submit to yoa report- from other compa
nies, including om-from the agent t mhnW
iutend the const motion of tho Western
Turnpike, llu inform- me that all of the
road from Aiheville to the Tennessee line
, near the Duck Town Copper .Mine has been
completed, excepting about two hundred
yards near Waynesville, in the co'inty of
' '1... l : I...- ... , i.:..l. .. I
is now- pendiii".
-'. in i .. 'ii l'. 1 1 . v 1 1 a riiit ui 1. 1 1
know not what calls may he made upon
you at the present session for furtuer aid
. to work.- of interna! improvement. I havo
heretofore eij.re-srd the opinion thivt the
State should furnish liberal aid to work-of
rrondencc, Mav 2 1856. Cm