I'olitics of tiic Day. From tho MlUedgevUle Standard of Union. REPORT AND RESOLUTIONS Adopted by the Georgia “Young Men’s Democratic Con vention,” 3Iay, 1841. The fundamental principle of Democracy is equality—between citizen and citizen. To give ef fect to this principle it was found necessary in the establishment of our government to secure by or ganic law, called a Constitution, the individual rights of every member of community. The his tory of all governments, shows that the exercise of an absolute and uncontrolled power by an irrcspon- j of the rigiils of the people, sible majority must sooner or later terminate in | Re.olccd, That Congress has no power to char upon the strict construction of tlic fundamental law; that a departure from such a rule of construction of the fundamental law, substitutes the will of tlie majority for the Constitution itself, and in effect abolishes the organic la»v of the land. Resohed, That it is the diity of every branch of State and Federal CTOvornment, to enforce and prnc- tice the most rigid economy in the expenditure of the revenue; and that all taxes, dircct or indirect raised beyond the necessary expenditinx s of the Go vernment, is a direct infiingemont of the rights of the governed, an J a violation of the spa it of the C'On- stitulion. Resolved^ That a separation of the finances of government from all connection with corporations, is indispen&ibly necessary to a sound and safe cur- aristocracy or depotism. The only guarantee m i the stability of Democratic institutions, is found in the moral restraints which the fundamental law, directed by the paramount sovereignty of the peo ple, is supposed to be placed in the majority of the legislature. It will be pcrceived at once, that no government can be organized under a constitution, without creating two separate and distinct interests; the interest of the government—to increase its pow er, and the interests of the governed, to hold to the terms of the compact. The slightest accession of power to the governing beyond those conceded by the compact for the detience and protection of all. destroys at once, that equality of right between ci tizen and citizen, which constitutes, as was said, the essential difTerence between democracy and all oth er sptems of gov'ernment. The conclusion is in- t'viiable, that the durability of democracy eminent ly depends upon a strict and rigid construction of the Constitution, and the principle as well applies to the State as Federal constitution. It would be supererogation to declare doctrines so long acqui esced in, doctrines wliich liave been sanctioned bv time and confirmed by experience. But a departure from those principles in many of tlie leading measures of the Government, under*the pressure of circumstances in some cases, and a par donable confidence in the magnanimity of the ma jority of the representatives of the American peo ple in others, by their unforeseen effects, have bro’t doubt and discredit on the practical soundness of pven these cardinal principles. The charter of the Bank of the United States, and the Tariff of 1816, furnish in their history a sad commentary upon the dangers of the slightest departures from the leUer of the Constitution. While we read the lessons it leaches, let us profit by the melancholy warning. Kvery man who pretends to the least concern for the public welfare, must heartily deprecate these honest errors of many of the best and wisest of our statesmen, and deplore their consequences. For tticm we honor the motive, while we pardon the wrong. But it has now ceased to be a subject of magnanimous forbearance to the true and trusted, nnd it is high time to rebuke the selfish ambition that seeks to perpetrate those dangerous innovations upon the spirit of our institutions which threaten nothing less than the subversion of our Govern ment. To the mischievous influences of the first chartered monopoly, may perhaps be traced most of the flagrant and confessed evils of the Banking ter a National Bank; that we bcheve such an in stitution one of deadly hostility to the best interests of the country, dangerous to our Republican insti tutions and the liberties of the people, and calcu lated to place the business of the country within the control of a concentrated money power, and above the laws and the will of the people. Resolved, That the distribution of any part of tly? revenue of the United States to the several States, or to individuals for them, is unconstitutional and un equal between State and Slate. Resolved, That the assumption or guarranty by the general Sfovernment, of tlie debts of the several States, directly or uidirectly, is inexpedient and un constitutional. Resolved, That Congress has no power under the Constitution of the U. States, to interfere with or control the local institutions of the several States, and that the agitation of the subject in Congress at the pesent crisis, by the reception of abolition peti tions, or debate, is an open insult to the Southern people, a palpable violation of the Utter and spirit of the constitution, and tends directly to revolution and complete individual liability, the trade in money and paper credits might be left just as free as the trade in shoes, hats, coats, wigs, mutton, beef and bread. We want no laws to regulate carpenters, Dricklayers, painters, masons, and the various other mechanics w^ho'carry on their business by the laws of competition. If people should pretend to manu- i;icture money for sale, those to whom it was offer ed would exercise their discretion in judging of its nutmegs, whether they are made of wood or are the genuine fruit of a tree. None but men of known wealth would be able to keep notes in circu lation, and such men would be cautious not to issue too many, inasmuch as tlie whole extent of their property would be liable for their payment. J(?/j.e.9.™-But have we not had some examples of individuals of doubtful character and credit too, put ting notes in circulation to a large amount. S/nith.—On\y in times of bank suspensions, when notes were payable, not in money, but in other notes. The Spanish proverb says, “all cats are black in the dark.” So it is with banks or bank ers when they do not pay their notes in coin. If there were no notes in existence but those issued by parties individually responsible, there could never be any /general suspension of specie payments. Individual bankers, like individual merchants, might fail, but the community would at no time be liable to gicat expansions or contractions of the currency, and the evils to which it would then be subject, would only be such as are inseparable from tlie ex istence of credit, and which no human sagacity or skill can prevent. From the Philadelphia Ledger. SHORT DIALOGUE, On Matters a7id TViings in general, hdii'een John Smith and John Jones. Smith.—Did you see an account in the papers the other day, of a newly invented instrumtnt of destruction, called the “ IXath Dealer ?” Jojies.—Yes, and I was amazed at the frighlfu power It is represented to possess. I'he account ’ saw stated, that a ball weighing not more than ]i pounds, was sufficient to blow the strongest fort in to atoms. Smith.—When I read the statement, I was struck with the similarity between this tremendous piiysi- cal agent and the equally tremendous moral agent with whii;h we are all familiar, the piistnt bank ing system. The one anaihilatts men’s lives with the greatest certainty—the other annihilates men’s property with equal certainty. It is true that one is quick and the other is slow. It is also true that the destruction wrought by one is accompanied by noise and by occular evidtnc(\ whilst the other works quietly and unseen. But tliey are ccjually destructive. They are both death dealers ” in the true sense of the term, for it matters little whe- From the New York Herald. GOVERNMENT BANKS. There seems to be no hope of a speedy restora tion of the currency. The banks have obtained complete mastery over the State Governments, and they have no longer the power to compel the banks to pay specie. The last hope of a sound currency, seems to be the possibility of the passage of a Bank rupt Law; including institutions. This would have the desired effect, by closing up all those concerns that committed acts of insolvency. It would indeed pioduce great changes in the face of affairs; but would not be more violent in its operations than would be the establishment of a National Bank, which is the speculative road to a sound currency. It seems, however, far more likely to involve the Federal Gov^ernment in the same difficulties that surround the State Governments. Georgia, Ala bama, Mississippi, Illinois, Pennsylvania, and Mi chigan, are existing witnesses of the inevitable mis fortunes that befall a government bound in the mesh- s of a monied institution. The two last have in deed not thenis(-lves i stablished the b.inks, nor have they become partin rs in the business, but they have placed themselvi s in the power of the banks by le arning to 1 an upon them for assistance. Alaba ma an I lllinoi.-i are instances of the folly of a Go vt rnment itself tuaiing a anker. In spite of all this repeatal experienci-, there are some intelligent men who sei iously lend their countt. nance to the de sign of the stuck-jobbeis in tlieir eiibrt to obtain a National Bank. Wh.it has become of history in re gard to every bank hertofore chartered? The system. To the same cause may be attributed the j ther a man loses his life, or the m« ans of sustaininsr enactment of the Tariff; for a public debt, or a sur- j hfe, as tens of thou.samls of persons in the Unitdl States have done within the last five years. Jone!.—Very true. Your figure is rather stronor. to be sure, but is there no mode of ridding the country of an engine of such a destructive charac ter'? Smith.—It can never be accomplished but by one process. Jo7ics.—-And what is that ? Smith.—By the community’s coming to it.s ses, and abandoning the idea that the pupros perity requires monopolies and sp.'i..l ' iviLir'-s to be conferred upon any ou. [uitioii. I'here liis the v.-hole seed evil. Jones.—Explain your meaning more fully. Smith.—I will endeavor to do so. You are aware that in every trading community what is called credit is a necessary auxiliary to the creation of weahh. CrcKiit, as every body knows, is tlie power of obtaining temporary possession of another man’s property under a stipulation that property of greater value shall be returned for it at some future day. This temporary possession of another man’s property, whether it be by buying things on a cre dit, or hiring houses or farms, or by borrowing money, is what enables people who have no pio- perty of their own or not enough to answer all their purposes, to turn their labors to account. It is by means of credit, that the merchant who pos sesses a capital of ten thousand dollars can import or export goods to the amount of twenty or thirty thousand dollars. It is by means of credit that the manufacturer can ^pply himself with raw ma terial upon which he can exercise his labor ami skill, and thus derive a profit from what might oth erwise be wholly unproductive. It is by means of cerdit, that a vast number of houses and ships are built, many mechanical trades carried on, and it is by means of credit that industrious and frugal men often become the owners of plantations. Jones.—You are then, I perceive, a believer in the benefits of “ the credit system.” Smith.—Undoubtedly I am, and so is every per son who has taken the trouble to examine the sub ject. But mark me. By the credit system, I mean the legitimate operations of business, prudently con ducted, and arising in the natural course of trade, and not the wild indiscriminate abuse of credit which springs up under an ill-conducted banking system, and which by some is confounded with the other. Jones.—But are there not risks connected with the be.st possible credit system that can exist, which sometimes occasions losses to creditors ? Smith.—Most certainly there are, but as no hu man prudence or foresight can guard against cala mities of every sort, so is it impossible that credit can exist without losses. Still, as the advantages of credit, properly conducted, to the community, far outweigh ail the disadvantages, it has been intro duced into every country where there has been the smallest accumulation of capital. Jojics.—Do you consider that a well conducted system of credit can be benefitted by legislation ? Smith.—All that legislation ought to do, or can do advantageously, is to afford creditors the facilitv of compelling their debtors to comply with then contracts, and to punish them if they are guilty of fraud. Legislation destroys the whole basis of cre dit, when it confers upon any set of men the spe cial privilege of exemption from personal liability to the whole extent of their property for any of their engagements. There is the whole pith of the matter. If limited liability is to be tolerated by the laws, in the transactions of individuals, or of all the parties to a limited co-partnership, we should have a race of swindlers springing up in all parts of the land, w'ho W'ould act upon the true gambling principle, of risking a part of what they possessed for the sake of the chance of making great profits upon the exercise of their credit. Jones.—Then you consider that the proper reme dy for a vicious banking system, is individual lia bility. Smith—I can conceive of no other. With full plus revenue, are essential to the existence of a Na tional Bank—The feathers that support the Cormo rant in his flight, are plucked from the people; de prive him of these, and you fix him hopelessly to the ground. With the unrestrained control of the public revenue of the country, no opposition can reach, no forecast can resist it; corrupting wdiere it cannot intimidate, defying w’here it cannot cor rupt, it has brought relief but to disappoint; it has won public confidence but to betray and rob: its baneful influence and example has, in the end, fas tened upon us a system of Banking that preys upon the country with more hands than Brarius, more heads than the Hydra. Of this influence upon community, the present iiecay of trade—prostration of private credit and the abasement of public morals, bear clear but hum bling testimony. The unhappy condition of the country, all must acknowledge and deplore. In such a juncture of affairs, it is surely the part of wis dom to seek some remedy for these multiplied and uccumulated evils—to palliate the ills from which we may not fly—let us enter upon its discussion with temper and candor. Extremes beget extremes in the moral as well as the physical world, and the best security for the lasting success of any measure, is that w'e should enter upon it with becoming mo deration. This remedy, is a thorough and radical reform of the Binking System—a united and vigo- iDUS opposition to the re-charter of any new bank ing monopoly. State or Federal, upon principles re cognized by the present sj'stem, and forbearance to those in existence—not for the sake of the Banks, but the sake of the people : for the rest, let time and prudence and industry, by their sure and silent ope rations, ease off'the pressure, and bring back our fi nancial system to a steady standard value. Strin gent laws upon the Banks and the great credit lend ers of the country, ever recoil upon the community and invariably produce revulsion and panic. The proper tribunal for questions of debtor and creditor, are the Courts of Justice and public opinion—guard ed by the unerring instinct of interest. In these general views, based upon principles of equal justice to all, the great Democratic party of the United States may be supposed to participate. But any other subject frai>ght with deepest interest to us as Southerners, commends itself to our earn est consideration, and should find an echo in the bo som of every friend of the South. The delicate relation in which we stand as slave holders to the world, bids us be no longer idle spec tators in the great drama in which we must, soon er or later, play an important part. For years it lias been our unhappy destiny to be ever on the op posite on thi^ vital question. It is ever the position of a passive minority in a representative Government; it is prehaps the char acteristic of a dominant party as such to temporize with the factious and discontented; it is ever their interest to yield something to the clamors of the obstreperous and violent; to'outrage no party by ri gor; to win applause by concession Upon this subject we must throw around us a tripple wall of brass. We mtist yield no point—make no terms; con cession is surrender—moderate resistance is death. .411 connection with this misguided fanaticism, is contamination; their apologists and supporters are traitors lo the South. Upon this subject, all South erners, whethf^r Whig or Democrat, are alike bound by indissoluble ties of interest-—our destinies are alike for evil or for good. But it is ours—to plant ourselves upon the inhibition of the agitation of the subject in Congress—to hold those who pal ter with abolitionists, for political purposes, to be the wor^t and most dangerous, because the disgJiised enemies of the South; and to the Southern Demo crats, in conformity with these views, we pledge oursejves to the support of the principles contaii:ed in the following resolutiong. Resolved J That the stability of all governments /uwidcd iij)on ^ Co^yititutjon, t'ss'.intially depends From the Augusta (Ga.) Constitutionalist. Whatever may be the reasons which Mr. Tyle will assign, should he sanction a bill for the cliar- ter of a national bank, we are of the opinion that he cannot do so without a disregard of his most soknm declarations, made on various occasions pie- vious to the late presidential election. The w higs rely for such a sanction on his letter dated Ilcnii- co, October 3, 1840, in which he says, in a most explicit manner, and in reference to a national bank, I have o'lly to refer you to my speech de livered in the House of Representatives in 1819 071 the question of a scire facias against the bank, and my note givi?i the Senate of the United States in 1832, on the question of re-chdrtering the late bank.'' And what are the expressions o: i\L‘. Tyler in that speech delivered in 1810? He says : For, sir, inasmuch as I believe the creation of this corporation unconstitutional, I cannot, without a violatioa of my oath, hesitate to repair the breach thus made in the Constitution, when an opportunity presents itself of doing so, without vio lating the public faith. But beleiving, also, that it is expedient to 'put it down, and other gentlemen feel ing themselves at liberty to follow up that enquiry. I propose to express to you my views on that sub- ject.” Mark, reader, Mr. Tyler declares that he be lieves the charter of a national bank ujiconstitu- tio7ial, and mark, also, that in 1832, in the Senate of the United States, on the bill to continue the act to incorporate the Bank of the United States, he voted, with Forsyth, 'j'roup, Hayne, Miller, and I’azeweli, in the iii^gative, and voteil in the nega tive because he believed it would bo in violation of his oath, if he were to vote fjr a re-charter of the bank. Now. read'*r. what is the opinion of Mr. Tyler of the Constitution of tiie United States, of its sa- credu- :s. of the disg-race which should f»llon those who viol.jte it. anl of the penalty which any vio lator of that instrumeru should suffer? The fol lowing is an cxtnict of Mr. Tyler’s letter to the Virginia l**crislature, assigning his reasons for not failo\v!>ig the iiisiructiou to vote for the expunging rt.'^ ilntions: '!’h( ■ ‘onstitution of the Umu.d States is the oti::^! **! and primary letter of instructions;, suprem^' over all. and binding upon all For the agent who is sworn to support it, to violate it Icnowinj^ly and int('ntionally, would be an act of the grossest immorality an I moi?t unmitigated debasement. Such is the condition in which, in my view of the subject, obedience to your instructions would place me. It is known to you, gentlemen, that on my entering the Senate, the only oath which I took was an oath to support the Constitution of the United States; to support it in all and each of its provisions; to yi' Id it neither to force, persuasion, or expediency. No matter what the object, should its attainment confer upon me the greatest personal advantage, still to remain imsrduced—not to touch that forbidden f.uit. I entered into a covenant with my Creator —10 break which, would not fn’l to place in my bosom a proniethcan vulture, to tear and devour me. The obligation, tht'n, to obey an instruction which calls upon mo to break that covenant, cannot possibly exist. I should be unworthy the confi dence of all honorable men, if I could be induced, under any circumstance.^ to commit an act of de liberate perjury. Instead of a seat in the Senate, I should richly deserve to be put in the pillory, and to lose both my ears as an indelible mark of my baseness—and such would be the sentence which the laws of Virginia would pronounce ajrainst me.” ery events of the last few yeais have proved satisfacto rily that nothing could have saved the General Go vernment from the humiliating spectacle presented by the State of Pennsylvania. The explosion of 183G--7 was inevitable sooner or later. Had the Federal Government gone on in its connection with the United States Bank, no thing would have prevented the loss of the revenue and the ruin of the public credit. The vast bubble and accumulation of speculative credits that grew up previous to 1836, could not avoid explosion. If the government had continued its co-operation, the catastrophe would have been delayed perhaps a year longer, and would have proved so much the more disastrous. The federal government would have then been without funds or revenue, in the toils of the bank and as powerless in her hands as the government of Pennsylvania now is. Then in deed would the integritj^ of the country have been hopelesiily gone. The establishment of a new bank with a large capital will inevitably lead to similar results; after having to struggle at least ten years against the imposing interests connected with the nine hundred banks already in existence. On the contrary, a mere enforcement of specie payments through the operation of a Bankrupt Law, w'ould restore the country without the convulsions hicident upon withdrawing a large capital from its present channels of employment, to turn it into new ones 'M. MECKLENBURG JEFFERSONIAN Tncsday Morning, May 18, 1841. CANDIDATES FOR CLERKS. We are requested by a number of citizcns from sU pan& of the County to announce CHARLES T. ALEXANDEIR, Jr., a candidate at the next August election, for tho offico of Clerk of Mecklenburg County Court. We have also been similarly requested to announce JEN NINGS B. KERR, Esq., a candidate at the same time for re-flectioa to the office of Clerk of the Superior Court. We are authorized to announce B. OATS, Esq., as a can didate for re-election to the office of Clerk of Mecklenburg County Court, at the next election. Charlotte, March 30, 1841. te From the Charleston Patriot. DEBTS OF THE STATES. From an accurate account, compiled from official documents, it appears that the debts of the States amount to $194,176,145. This is a large amount of State indebtedness. It reads a lesson which the present generation will not speedily forget, for it will have to sustain the burthen of payment. This indebtedness is attended with none of the compensa tions that generally accompany a public debt. Had it been incurred in the vindication of the national name from insult, and victory should not even have thrown around the radiance of glory to our arms, there would still have been consolation in the re collections which are associated with the proud sense of vindicated honor. We would have won regard for the national spirit and energy. But mil lions have been wasted in the puisuit of ill digested schemes of gain. Much the greatest portion of the expenditure has the taint of commercial sordidness, without the re deeming grace of successful speculation. Many of the States have embarked largely in banking, with the delusive hope of realizing their visions of wealth. They havu trenched on the projects w'hich are or dinarily left to private adventure. They have set the example of gambling, instead of teaching the wisest of practical lessons, to wit ; how to become permanently prosperous by gradual advances and moderation of desires. From the Albany Argus and Rough-IIuwer. MR. BIDDLE AND MR. LIPPINCOTT. At the adjourned meeting of the stockholders of the Bank of the U. S , at the banking-house, on the 4th inst., Mr. Lippixcott, who has been assailed with great virulence in all Mr. Bididle’s letters, pre sented a concise, well written and triumphant reply to the allegations of Mr. Biddle. Mr. I.ippincott has completely turned the tables upon the great fi nancier, and made his ch/iracter appear several shades darker than it was exhibited in the report of the investigating commiuee. In regard to the expinditurc of over six handrcd thousand dollars, which the committee called on Mr. Biddle to explain, without receiving any an swer—ISlr. Lippincott discloses the astoundinn- fact, that 7 HE VOUCHERS HAVE BEEN DEb I R0\ ED ! I Aiiti that these voucheis ne ver came under iiis obs* rvation as one of the exa- niiiiiiV" committee of the Bank. Indeed he says they were carefully kept out of his view. Air. Lippincoit also states that the sum of 8100,- 000 paid to Mr. Biddle on cashier’s orders, withoat detailing to whom or on what account, was finally charged to the parent bank note account, imder the old charter. This operation, however, made the balances of that account on the 'wrong side i?i the ledger, and showed the extraordinary result, that more notes of the particular denominatian had been redeemed than had been originally issued, and requiring another entry ! After the exposures which have been made in re gard to tiu- U. S. Bank, it is not perceived how the name of ?sicholas Biddle can bo rescued from in famy. The Bank aristocracy have summon'^d an extra session principally for the purpose of chartering a great Bank, by means of which another set of spe culators and stock gamblers shall be enabled to run the career of Nicholas Biddle & Co.; and after regulating the currency and the exchanges for 20 years, so as to take from the mouth of labor the bread it has earned, and give it to the idle and the dissolute, will finally close its account, as the pre sent regulator has done, by robbing the widow and the orphan of the pittance which the}' have entrust ed to its manajrernent. CONGRESSIONAL ELECTION. The following is the vote given at the different precincts in this county on Thursday last for a mem ber of Congress: Caldwell, (D.) Barringer,(F.) Charlotte, 250 Harris’, 15 Hill’s, 19 Deweese’s, 101 Davidson’s Mill, 10 M’Leary’s, 54 Steel Creek. 30 Peoples’, 103 Steward’s, 65 Hart’s, 12‘i Doster’s, 10 Labatt’a X Roads, 61 Lawson’s, 39 WilBon’s, 107 Phifer’s Schoolh’se, 05 1,071 793 215 67 33 75 73 7 214 55 12 17 9 12 2G 18 60 793 From the lioston Weekly Magazme. STENOGRAPHY DONE UP. An English p iper gives the following notice of an important discovery which, if true, would seem to surpass that of xMr. Dagu ’re. It is, indeed, no less than a plan of rcndf-rit.g the vibrations of sound permanently visible ! ‘‘A most ingenious and valuable discovery has just been made by Mr. Southwoith, of Cheetham stret't Manchester, by means of which an individu al although unacquainted with the art of writing, is enabled to take down the spe( ch even of the most rapid speaker; and, what is yet more surpri sing, in such a way as to indicate the peculiar em phasis with which it may be delivered. As the inventor has not yet secured a patent, all that we a re-at present enabled to state is, that it bears some analogy to photogenic drawing. It is well known in the laUer case that when a substance properly prepared is presented to objects illuminated by the rays of the sun, it receives a distinct and faithful impression of them, which is afteiwards rendered permanent by suitable chemical agents. So also the present discovery consists of a piece of me chanism, as susceptible of the impression of sounds as the tj’^mpanum of the ear, which impression re mains permanent, and is as perfectly legible as the clearest typography.” 278 majority Caldwell. CABARRUS. Barringer 706, Caldwell 305. Majority for Barringer 401. We have not full returns from Lincoln County, but enough is known to render Mr. Caldw’ell’s election certain, by a majority considerably upwards of eight hundred votes! Taking into considera tion the thin vote given in all the Counties, the ma jority we have obtained is a most cheering triumph indeed ; and shows that Federal boasting and trick ery succeed but poorly with the sturd}’, intelligent Democracy of tiie Eleventh District, The Federal boa.sters, in and out of the District, who puffed Col. Barringer so lavishly at the com mencement of the campaign, and declared that he would be elected, or at any rate, make sad havoc among Democrats, have found out by thie: tirpko,- we imagine, that they are poor prophets, or that the Col. is not “ the lion ” they took him fox. Accounts from tlie Salisbury District Vender the result between Rencher and Worth (both Fed.) ve ry doubtful; though we incline to believe, from our knowledge of the portion of the District yet to hear from, that Rencher is elected by a small majority. If the endorsement on the W'ay-bill by the last stage from Greensboro’ be correct. Shepherd is no doubt elected in the Stokes District, by a small ma jority. A Democratic loss. An extra from the Standard office, Raleigh, an- nouces a majority for Gen. Saunders, in Wake, of 225 votes; which, it continues, “ renders his election certain by from three to four hundred ma jority ! ” W ell done for the noble Democracy of the “ Metropolitan District ” ! Wo have no news from the other Districts. THE MONUMENT. , In a few remarks, noticing an article from the Camden Jouriial, two weeks since, w’e mentioned that the erection of a suitable monument commemo rative of the Mecklenburg Declaration of Indepen dence, had been spoken of by some of our citizens, and briefly urged its importance. Adverting to the project, the Editor of tlie Journal remarks ^ “There are none, even of the citizena of Char lotte, who rejoice more sincerely in its improvement than we do, and especially should we rejoice in see ing the latter suggestion of the Jeffersonian carried out in a manner wortliy of North Carolinians. The Declaration of Independence by the citizens of Meck lenburg, on the 20Ui May. 1775, was, indeed, “ one of the most patriotic, gallant and daring acts to be found in the history of the world.” The act itseK and the actors in this trying emergency, bespeak for it and for them, some visible and striking mC' mento of their patriotic devotion. ‘‘ We do trust that the project wdll be successfully carried out, and we feel assured that there is scarcc' ly a native North Carolinian, who will not cheerfully contribute his mite in aid of so noble an enterprizf The editor of the Jeffersonian may “ count ccrtainly on the hearty co-operation” of our humble self, “i*'' counsel,” as far as it is w^orth any thing j but should not sleep soundly if we did not co-operate this patriotic effort in a more substantial manner We have not forgotten our native State, nor havf we forgotten that in Mecklenburg we spent some o! tlie happiest of our young days. Success, immc»i' ate success to tlie enterprize.” W^e again appeal to the patriotism—the prii^*^ and public spirit of our citizens, and ask, will the)' not move in this matter ? It becomes the citizens old Mecklenburg to “set the ball in motion;" will they not do so immediately Assignment of the United States Bank.—The Uni ted States Bank made an assignment on Saturday of certain real estate, bonds, mortgages, &c., in Philadelphia, Buti'alo, Mobile, District of Columbia, Cincinnati, &c., amounting according to the sche dule to ^7,772,250 33 to secure to ten banks of' Phila delphia the payment of its Post Notes held by them amounting to !$5,078,444 Richmond Star. Previous to the election^ the Whig 'papers said Gen. Harrison lived in a log-cabin....now they call \iihe s'i7)ie building a via/n?‘zn hozi-s^. Immense fire in New York.—After a long pe riod of exemption from Fires of a serious nature. New York was visited with one on Saturday mor ning last, which occasioned an immense loss of pro perty. It commenced at No. 146, Pearl Street. The Journal of Commerce says that the total loss of property is not far from $350,000, of which about 8275,000 is covered by insurance, distributed, more or less, among nearly all the Insurance Offi ces in the City, and some in other States. Tlal Rug. lith insi Kentucky Elections.—It is probable, from 'vh2- returns w^e have received, that the delegation in next Congress frona Kentucky will stand as before> two Democrats to eleven Federalists. Visitors at West Point.—In making his scl^'- . tions of Annual Visitors to West Point Academy, we notice that the Secretary of ' ®' •- John Bell, has not condescended to confer pointment on a citizen of this State. Two New York, two from Pennsylvania, two ginia, and one^ from the other States, but Tion^ North CaroHn:t