Newspapers / The North Carolinian (Wilson, … / June 29, 1839, edition 1 / Page 2
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the catastrophe which has recently befallen the banks a catastrophe brought on them by their own friends; but ordained and overruled by kind Providence, as the means of opening the eyes of the people, alarming" them at their perilous condition, and preparing them with more earnestness and resolution to enter into the coming battle. The monied oligarchy having succeeded beyond their most sanguine expectations, and " overflowing with the ideal wealth poured into their laps by the credit and resources of the Government, became more avaricious than ever; and, in endeavouring to divide more equally among themselves the spoils of victo ry, overacted their parts; brought a great ca the. country: exDOsed the unsound ness of their doctrines, and the hollowness of that imaginary prosperity with which tney naa cheated and deluded the people. JNo propo sition in political economy can be clearer than this: that the act ot June, ieso, was m im mediate and prime cause ot the caiamuiei which subset! uentlv befel the batiks in 1S37 A few plain oiinciules in connection with the history of these transactions will place the pro position beyond controversy. Currency, like water, is always seeking its level tending perpetually to a common cen tre. As the little rivulets that bubble up among the hills flow into each other, increasr lag and. expanding as they go onward, until they pour their tributary streams into the great ocean of waters, so does currency in like manner, originating in small quantities in the remote and interior sections of the country, flow onward, increasing as it advances, unti it finally falls into the great currents which are perpetually revolving around the emporiums of trade and commerce. Where all the agri cultural productions ot the country are accu mutated, . or their values exchanged for the manufactured articles and imported goods that may De consumed, there the greatest quantity of currency is needed, not only as a standard of value, but as the means of regulating the exchanges, and of liquidating the numerous balances which daily occur in every transac tion. Hence a circulating medium is requi red in very small proportions in the interior of the country. It is always tending towards the great mart of trade; and any attempt to dis turb this uniform course would be as destruc tive in its consequences as a violation com mitted on the laws of physical nature. An attempt to force water up stream would not be more disastrous than a similar attempt to force the currency backward in its chan nels. The soundest circulating medium and credit, based on the actual capital and produc tions of the country, when turned aside from their natural course, and disturbed in their accustomed revolution through the empori ums of trade, would, from the very laws that govern them, fall into irregularities and em barrassment. How much more necessarily must those consequences have followed the actual condition of those two main springs of national Drosneritv at the nmaaf 1K0 which I career of those institutions, in the midst of The operation of such provisions, which career o to dangers. Con- . 1 r iU M .- - rra rw hib mi-i. i rv u w v u j . were intenaea, iu uw language . p . j . - . . , j .i,i no longer he purposes of equalization " xnust ne witl7 tperfect unanimity they re- the commonest ODserver. ; " . , , f n 1 " vs anti penalties, violate out of the national chants ftradWe jjjdtodjg 0?0 5ie country, and they had been accumulated and I dutobato toe.r omnipotence for protection them amongignt-ana-iwemyl-- -- --vr- : MnsAer. above all. ritories; to compel the banks to divide some auu , ---- . forty million ot none? accept lhe proffered number 01 depositors, - L . u.:u. a ,;,h .hnt alneritv they came togeth- check anddraft on each , otne, ; tor me . Vus Fv. and sustain all the subse- of specie that jnignt T Titf onsets of bank usurpation. Can any man Secretary 01 me xrca.u.j, w --- -- ..., .wo things and be not c.ioh p.vpritv as to test the strengtn 01 me renect senousij - - - oundeT to derang! the best satisfied that all J condition of the currency. If the -ere trans- people, and .lodged trorn me uannoi leo ougarcuy-. " " " vinced, though one rose trom me ueuu. Conclusion next iceek. ley of the Mississippi is capable of sustaining Morris, thus you see they have acted up r.c ihrp. or' four millions. the United States to other depositories on me opposite side of the street, was sufficient to produce the panic, me distress, auu mo moo ters of 1S34, how much more ruinous must have been the consequences of the law now under consideration? Out of their own mouths, therefore, we condemn them. JJut this was not all. The banks had to go thro' the ordeal, above described, from June to Jan- Ma A f. A I A . .. .J A l -. ...A.., m uary, loo. Aiier umi peuuu uiej cio in quired, within the space of nine 'months, to distribute tntrtv-seten muttons w.-uuimis FROM THE WASHINGTON REPUBLICAN. Tarborough, 12lh June, 1S39. Mr. Houston: I find it difficult in these days, to say or do any thing without being misunderstood or misrepresented, lo avoid that in the use of the terms, r ederai ano xte publican parties, I will merely remark, that early in my life, these were the distinguishing names ot me two greai iu-ai f"- a greater population than all Europe, and that the progress of commerce and emigration is not gradually but rapioiy irauici..uS portions of the wealtn 01 me .x-uw. u Western Continent? We know all this, but your agents are like young men in iraue, anx ious to effect negotiations, and to part with ,r.A cnsMin'tioa at donreciated prices: it is 5UUUU WW UK ww f - our harvest now. Your rage for speculation and immediate improvement carries your wants beyond your means, and we must make itnir whilf fVi nn shines. " Laughingly, he 7 .v . 1 " r,4;r...rt r voir snnnose that in cashing v.un""-, J ri . t, these securities, you are borrowing jsriuu i,1? TVo. not so vou are borrowing only British credit, and we are making you pay for it. Whv. the amount of gold which you ob tain in all these transactions, is not equal to ka rrilHi.KT nnon our new Synagogue. We 1.1V, fe & .r-- -- w w allow you'to value upon us, but we pay rlraft in vonr own nropertv. "Now is it strange," said he, "that John Bull, the leuer.- , . . . . :..u: ar ia i) rimmni.l That I am justified in the conclusions ai iuiguwuugu, . r - w.rh I have arrived, let us iot a uiwmcui y,,. r- r - , ' ' . . . v 1 a. t-v r cs j-kn ivn ifn (liir luinors in. look at these long delayed resolutions, tney iou, . .J niintiP9 in ine Uisirici, I ieuucu ure kuti uuju. Uvrw.u Tecommeuu. -w , . . 1 - 11 j , r ... i 1,, tori on this suDiect, I as a corauary or a touciusiuu iiuui who nave not - - . nm-a -.. c,,..0 tt,al tavrka shr..A t to hold primary meetings lor tne purpwe i v ."T" 10 iiuiu. ijjin j p - , lmrtfisf,li h,. S1K.W as rPS on the same ba- taking into consideration tne prF..j - 3, " r 0"r:J" 7J .. 1 1 i unn.Ki,ir ana mat sis; auu iuai whvuvtw 7 io juiuuou, um- sending a aeiegave u ' - , , , in nphv iudiraction. thev are a violation 6r selection be made ot a suuame iui v : . to our having a written vyonsinuiion, wnicn pro claims "general equality." 1 his is its dis- among all the States of the Union; and, with- divided the country. These parties com- in two-thirds of that time, they actually distri buted wenly-eight millions. This vast sum, which had been loaned to individuals, ana had found its way into all the channels and . - 11 1 . 1 ramifications of trade, was now suddenly 10 oe withdrawn and scattered to the four winds. This fund, so far as it might be used as a means of adjusting the delicate relations be tween the banks and their numerous debtois, which it had been mainly used in creating, was to be totally annihilated. Indeed, anni hilation, a bonfire of the paper, or a sinking of them in the ocean, would have been much menced during me uuiiuiouonuu Washington. Alexander Hamilton was Sec retary of the Treasury, and Thomas Jefferson Secretary of State. The two Secretaries were divided in opinion on the subject of a national (or United States) Dank, and being consulted on the subject by the President, gave different opinions Hamilton for the Bank-Jefferson against it. Mr. .Hamilton ha3 been" understood as the founder of the Federal party, Jefferson of the Republican the one (the Federal) party indulging in great it:i..,i. in onstmins- the conslf tutioni the better for the banks than the operation actual- other -me R,pUfc,can) coustruingthat instru ly required. Boston, for example, was made mfcut ore sirtc. This did then aud does to tnrOW DaCK. IUlO ixiaiue, lien iiomjiouiiv, and other places that trade with her, those funds which had accumulated there in the usu al course of trade; she was required to create a debt against herself, and subject herself to drafts, and that for specie too, from regions under consideration l In June, 1836, some twenty five or thirty banks had in their pos session, on deposite, more than thirty three millions of public funds. This money, and private deposites, and their own capital, to gether with their credit, so far as it could be extended, were all loaned out to individuals and companies engaged in speculations in public lands, private lands, lots, improve ments, stocks on enterprises doubtful iu their pharacter, and depending on remote con tingencies for a profitable return of the invest ment; so that the banks, in case of an emer gency, contrary to the law-3 of souud banking, could scarcely command a dollar of their re sources. All the other banks in the Union followed their example. Public officers also loaned out the funds in their possession, or employed them in their own private specula tions. J. hey could not perceive why that privilege should be allowed the banks and not to themselves. The only expectation the banks had of finally returning the public funds was founded on a fortunate result of the spec ulations in which their debtors were engaged, and on their own nominal and spurious capi tal. The public officers had their own private fortunes, the fortunes of their securities, and in like manner the" fortunate results of the speculations in which they or their borrowers had engaged. And if the same rigid exac tions were made of the one as of the other, the chances are in favor of the public officer, that he would pay a larger per cent, than the banks, on the public funds in their possession. At any rate, it is very natural that he should think so. And as there was no rule of jus tice by which the bank monopolies should en joy such advantages over the individual; and as there was no law prohibiting him from using the public funds, he followed the exam ple that had been set him; and, along with all the rest of ths world, plunged into every kind of speculation. A universal system of credit, from the reckless man of enterprise down to the day laborer, was created on the facilities furnished by the banks. And they thought themselves enabled to do so, in consequence 1 of their connection with the Government, and their possession of the national resources. Every body was dealing on the credit of the banks and the banks on the credit of the Gov ernment. It is obvious, therefore, that the very existence of this gossamer work depend ed on an undisturbed continuance of the ex- isiing relations between the parties. But many of the Banking interest were not con tented with the existing state of things. A few only of the fraternity enjoyed a monopoly that was designed for the whole. 'Wo should never have joined said they, in a crusade against the Bank of the United States, could we have anticipated such results. We can not be satisfied with any thing less than an - equal distribution ot the spoils.' An equal distribution was, therefore, agreed UDon. An act was passed, requiring "that at least one (deposite bank) shall be selected in each State and Territory; and that the Secretary of ma .treasury snau not suiter to remain in any deposite bank an amount of public moneys more man equal to three-fourths of the amount ' of its capital stock actually paid in; the Secre- tary was also required to see that the banks L .kept in their vaults such an amount of specie as shall be, in his opinion, necessary to render tne saia -nanus safe depositories ot the public moneys." which, in the natural course of business, ought to be indebted to her. In this way, contrary to every known law of currency, New York city alone was required to scatter thirteen millions, or more, into Vermont, Connecti cut, Rhode Island, Isrew Jersey, Maryland, Virginia, North Carolina, South Carolina, Georgia, Alabama, and Tennessee. But, notwithstanding that ruin was the inevitable consequence of so radical and disorganizing a law; and though the banks were forewarned to prepare for its operations, yet, taken as a whole, they never made any preparations, took no precautions whatsoever to arrest the evils or to blunt the force of the shock that w as coming upon them. Instead of reducing their business, as prudence, honesty, and a just regard to the welfare of the country would their issues, were actually greater in the spring of 1837, just before the suspension, than they were in the autumn preceding. While the laws of currency were totally deranged, and all the channels of business were billowing up from their deep foundations, the banks crowd ed all canvass, and madly pressed forward as though they weie sailing on the bosom of a summer's sea, fanned by the breath of ze phyrs. How the monied oligarchy could have ev er framed such a law, in the first instance for they were alone concerned in it, with the exception of a few deluded friends of the peo ple, who had been deceived by their docti ines has always been a matter of astonishment now constitute mo y difference between the two parties. I there fore, consider that the same parties that exis ted then, with the same principles, have ex isted and do now exist, essentially the same. There. are, however, occasional instances, iu both parties, of individual members who do not go the whole length iu principle or opin ion with their respective parties. I have not been in the habit of indulging in any of the nicknames of parties used in the present day; nor do I iuteud to use them. I recognise no such parties: I hear of them, but do not know them. Further: I do not use the term, Feder alist as a term of reproach, but to designate the party to which I consider it applicable by long use, as contra-distinguished from its op posite Republican. This course I shall con tinue to nursue. THOMAS H. HALL. Th Federal Battle-cry Retired. lhe JX. Y. Eve. Star, Mr. Clay's organ in the city of New-York, uublishes a communication., with, warm approval, which says: Oay- "JVe must have a JYalional Bank. Stifle the matter as we will: indulge our party notions as we will; to this course tee must come, if we have any regard for the good of the whole country." the not laboring ' .... 1 T -l under a national debt ot eight hunarea mil lions sterling, created by wars, and not in ma king improvements in the country paying as we do, an annual interest almost double our amount of bullion should still be considered the great fund-holder of the world indeed, by the discreet, and at the same time wide-spread use of our credit, we make the great commer cial ivorld nav the interest on our national debt, and at the same time fill the pockets of 1 I A our bankers, manufacturers ana mercuauis. They say the Yankees are cunning. I have never been able to discover it; with the im mense resources which they have with an amount of agricultural product, unequalled in the history of the world, they yet have not learnt to build up a system of credit upon their own property, sufficient to answer meir own n.roo of trade. When I use the term Yankees, I include the whole United States and yet the Southern planter, who ships an nually in cotton alone nearly twenty-five mil lions sterling, is begging for British credit, whin- he suffers his bonds and stocks to be blown upon and disgraced in our markets. Why does he not go home and say to his own trnvAmmeiit. organize a system of credit such as we possess, except better secured. He mirht then suao his fingers at the great bank- 1 rvn.lnn and Paris, and tell them if they want good securities to carry on their tr,ri .nVi ih world, thev can find them in the United States of America!! At this mo ment the bell rung, the crowd dispersed, and we awoke, the federal compact, unjust in their bearing, and at war with this fundamental principle. I shall attempt, therefore, to offer some re flections to prove that, in the present strugglo between the friends and the opponents ot this Administration, that the former hold those re publican doctrines of "equality" which our fa thers held that it is to the predominancy, of those doctrines, that our country is indebted for those rapid strides which she has made in - 1 4 1 . a national point 01 view, auu iu wuiuu sue is now indebted for the unexampled prosperity of our country, while the latter are seeking, . . i 1 TV.l - u.rpicnn OT- WIT. IVfUSlCI U o I u j i uux. ' 1 the candidate 'of the Federal party, and of government, which in its operation must en- t. c o-ontleman- for whom Mr. JJe- ricn uie iew, . " v-wuiov. u-J. a a . I 1 . t : iL. r.l 4 berrv uill vote, in case the election is made py stripping ... - (as it certainly -will be,; Dy.tne represent this district, at an adjournea ; of this hod won Tuesday of Richmond County Court, in July next," but they do not ..Q,r r.nc, mnrA. for whom this individual will wotP or who will be their candidate, but they do say "that this convention adjourn to me-pt nnraim on Wednesday of Richmond Su- - - j fWF"t September next. What, I ask. is this meeting in September for, it cannot be to "take steps to pro m." Mr. lleberrv's re-election, for be VfcV A.' ... . fore that time, the great struggle vviu oe iiti i 1 : t..i to fiv on COMMUNICATIONS. FOR THE NORTH CAROLINIAN. II. L. Holmes: Curiosity has been . . ... -1 .li tiDtoe, waitiner witn a Dreuimcss auicij FROM THE N. V. EVE. STAR. .Vfttj to June 13, from Liverpool. The constant toil of the Editor of a daily paper renders not only his waking but his, sleeping hours available. Last night falling asleep in a search for materials for the next dayJs Star, owing to the dearth of news at home and abroad, we dreamt that the steam ship had ar rived, bringing intelligence to the 13th inst., to us. We never could account for them but that as we passed through Wall street we dis covered upon the countenances of all a de gree of contentment and placidity which we have not observed for a long time. We will not say it was the exhibition of unusual plea sure it seemed to indicate that the final ca tastrophe iu trade had been at length develop ed that it was neither ruinous in its conse quences, nor, upon the whole, unfavorable to the great interests of the country that the Bank of England, the great money regulator of EuroDe. had asain filled her coffers with r a m coin and bullion to an extent which caused them to feel confident and secure; in a word, upwards of one million sterling had been ad ded since our last advices that cotton had fallen about one neunv a oound. but at that rate the article was brisk of sale, and rapidly entering into active consumption that the political difficulties in I1 ranee had been parti allv removed bv the snpacitv and address of j - 0 Louis Philippe, and that trade on the conti nent was reviving; upon the whole it appear ed to us that our people were satisfied that those who had not gone too far in speculation would be able to retreat without absolute ruin that our ships were again in preparation for profitable employment (in dreaming you know time passes rapidly over,") that the cot ton bags were rolling out of our warehouses. where they had been collected to an unusual extent that our own money market became forthwith relieved that men walked brisker, talked faster, and looked more gay and lively. X bis was only a dream; yet sometimes we become superstitious, and give to dreams the character of prophecy. Let us wait and see how far the result may prove confirmatory in Ibis case. In the vagaries of the mind we found our selves on 'Change, in Loudon, amidst all the congregated bustle of that mighty metropolis We met several of our old companions and friends there among others, that man who, whether he plays Banker or Lawyer, attracts attention for his skill and capacity. Mr Jaudon also passed; his hair appeared a little more silvery than when we last saw him. A Good citizens of the United States, pause here little further on, and our attention was point for one moment, and reflect on the brief his- ed to several individuals who were exhibiting tory of one year, extending from June, 1836, for sale American Stocks and Bonds, . which on one principle, that whom God designs to destroy, he first makes mad quern Deus rult nerdere. vrius dementat. Believing that he ..." had designed to save our Republic, as an ex ample and a guide to the world, we fondly trusted that he was about to adopt their own chosen means as the instrument to crush the enemy which had been cherished in its bosom, and to frighten away the vultures that had been feeding on its vitals. We had no commise ration, therefore, for the monied oligarchy, when, in 1837, they brought on themselves a train of calamities. And yet, indeed, they needed no commiseration. They had entire control over the legislation of the country, and knew very well how to use it in such a way as to cast all the burthens of their own folly and madness on the shoulders of the people. Had they not been conscious of their powrer, they never would have exercised, as they did, the high prerogatives of sovereignty. Some eight or nine hundred banks, having in their possession the currency of the coun try, resolved, by the common impulse and sympathy of interest, and with a simultaneous movement, to depreciate that currency to debase it, in some instances, ten, some twen ty, and some thirty per cent, below the con stitutional standard of value." This high-handed act of usurpationand tyranny was no soon er committed than the State Legislatures were assembled to sanction and justify it. If pen alties and forfeitures were to be incurred for this outrage oh the rights of the people, or if any restrictions had been imposed on the operations of the banks in any of the States, those were the places in which the Legisla tures met to suspend the penalties and forfei tures, remove the restrictions, make deprecia ted irredeemable bank paper a legal tender; to extend it through all the channels of trade, by adopting it in the minutest fractions of cur rency; to magnify the necessities which were beyond the control of the banks, and had forced them into their present position; and to praise their magnanimity and forbearance in snaving, and not crushing, the people. to June, 1837. Consider the dangers and fatal precedent of distributing the surplus rev enues among the States, as a means of cor ruption, a basis for increased banking, and a rich boon to be scrambled after by the wild schemes of internal improvement. Consider how the public funds were scattered among the States and Territories, not with a regard to their safe-keeping and disbursement, but we at once recognized from the beauty of their execution and the fineness of the paper. We asked one of our old friends, conversant with all these affairs, what was thought of these agents and their securities on the London 'Change? He answered, "Doyoutakeus for fools? Do you suppose that we do not know that there are within the limits of Illinois, alone, greater sources of wealth than are to be solely with regard to the avaricious demand of found in this rich and populous island? Do the banks. Consider the bold and reckless you suppose that we do not know that the Val on the of for House Renresentatives. 1 say, it is mgn time the planters to take care of themselves, and as one of them, and one of the constituents f Mr. TVherrv. I call on him to come out on this subiect. and let us know how he will , ... vote, his constituents have tne right to Know a I hoDe he will have the lllO A candor to act openly. A REPUBLICAN FL.AJNaKK must end either in consolidation or disunion.- A FARMER'S SON. FOR THE NORTH CAROLINIAN. Mr. Editor: It was the language, if I mistake not, of the excellent Bishop lorne, that "in times when erroneous and aoxious tpnpts nre diffused, all men should embrace some opportunity to bear their testimony against them." These remarks, emanating from the lios of a distinguished and emineut lv Dious divine of the last century, and spoken y 1 . . .1. 1 u in reference to the.then state 01 tne cuurvn, and of that lethargic mactivity which hun like a "nieht-mare" on its supporters and de- votees. when assailed bv the shatts 01 mnaei- I . I . . .... 1 A. 1 itv, are noue the less applicable to ine present tnumpn in tne elections, nov umy J . . ... 1 J k aa , - 1 . 1 ...K..,. 01 political condition ot our Deioveu country. At no time since our federal organization, Kovo i.o miti-ioccirl orincinles more at war with the republican institutions of the country, so unblushingly advanced and recklessly mnJntfii'iipH than we now do. in the untiring efforts of those who are attempting to weaken the confidence of the great body ot the peo nle. in the leading measures of the present ad ministration. Principles which, if acted up FOR THE NORTH CAROLINIAN. . Mr. Holmes: Sir, the present is a time of high political excitement m our beloved country, and every man who is aspiring to office, should come out openly and show his hand, so that the people -may be enabled to vote understandingly. Mr. Deberry, as I am informed, has declared his preference for Henry Clay, to fill the next Presidential chair, but will support the nominee of the Harrisburg Convention. JNow, my wish is, and I think in all fairness, as a voter of the District, I have a right to ask Mr. Deberry, in the event that the proposed Harrisburg; Convention should nominate Webster, or Harrison, will he support either in preference to Mr. Van Buren? If so, tbe people, the freemen of the 7th Congressional District of North Carolina, ought to know it. It has been the practice of the Whigs, to divide and shuffle and resort to every means to in North Carolina, but elsewhere. And as a proot ot this, I would just bring to notice the conduct of this self styled Whig party, in the last Presidential contest. In North Carolina, Tennessee and Alabama, and some other States, they refused to form a ticket, or vote for either Harrison or Webster, 'both candi dates of the Whig party. But united their support on Judge White, a uniform-friend of President Jackson. Now what was the long deferred publication ot the W nig meet- in"-, held in Rockingham, Kichmond couniy; nr. thp 25th of May, and which, Iron) some cause, has been kept back until the KepuD p Ka11 1 lioir matins at the Bame place, on the 13th inst. Now, what produc ed this strange movement ot" the Federal party, why 30 long from the 25th, until the 12 th, keep back their proceedings the cause sir, has been variously conjectured, and giv er, rise to much diversity of sentiment, before tl.e proceedings made their appearance slice which, there is but one opinion, and that is they wished to conceal from the De irocratic party (in convention assembled) the fact! that they still deferred, still dreaded tie consequences of coupling Mr. Clay with the Hon. Edmund Deberry; they knew, and veil knew, that their opponents would have . . . . ,. J .1 A .1 opposed their doume course, auu uiut me farmers of the district, would rally lromtne burnt islands of Robeson, to the hills of Mont gomery against their candidate. As a proof of this, I charge home upon them the fact (which if not true, I call on them to say so,) that when they first com menced their, deliberations, they actually passed a resolution approving Mr. Clay and the Harrisburg convention, and also igreed to send on a delegate with positive instructions that he should vote for Mr. Clay. But that on reflection, and more ma- . ... .. ., A . ll J ture deliberation, tney actually expuugcu said resolution, assigning as a reason, that they were not authorized to fix, on a candi date for the Presidency, and recommended an adjourned meeting in September for that purpose. Should not this double dealing, and huck stering policy be of itself sufficient to excite enquiry among the farmers of the district, is it not enough to produce conviction that a deep gamfe is about being played upon them, and that their interests may possibly be sa crificed to a political dynasty, who would move ("heaven and earth") to break down the present Administration. What, Mr. Editor, not authorized to unite on Mr. Clay? when Anson, Richmond, Robeson, Montgo mery and Cumberland counties, to say noth ing of Moore, all all recommended Mr. Clay, and that too, in the very meeting which appointed these same delegates? JVot authoriz ed! away with such hypocritical cant, such a mmsy, paltry, subterfuge, they could not have been ignorant of the fact, that their powers were plenary and full, their intelli gence flatly gives their excuse the contra diction, and forces the conviction that other motive's were the predominant ones, that they knew that Mr. Clay was odious and highly objectionable to the farmers of the South, on account of his high tariff and -in ternal improvement notions, and therefore they thought it most prudent not to come out with him- until after the election of Congress is over, until they had more time to gull the people. I do not wish to be understood, Mr. Edi tor, as saying that those gentlemen violated their instructions, on the contrary I have maintained that their powers were plenary and full, and so far from violating, they have as skillful diplomatists fulfilled their instruc tions to the letter, for, sir, you will recollect that the object of their meeting, (as announ ced) was to "take such steps as would "be promote' the re-election of Mr. Deberry; they were therefore politicians of too much sagacity not to know, that by identifying Mr. Deberry with Mr. Clay, it would be hopeless career for the Federal candidate, and would insure the election of W, A to, musf, sooner or later, change one 01 me f oDject m view, xs any iuuxi iS.. bich is aireaoy te.oeneve tnat tney wauicu- iu cicn elect him; but to hest erovernments on earth (w PYPmnliflpd in making life easy and a people No, the object was not to prosperous and happy) into one of the worst, divide the- Jackson party, so as to prevent which has no fixed rule of action, but which the election by the people, and throw it into claims to itself the right of doing whatever an interested majority may say turtners me -general welfare." Impressed therefore with the force and truth of the above statement, I propose (with your leave, M.. Editor) to call the attention of the voters of this Congressional district, to an impartial exhibition of the distinctive fea tures of the Republican party, as contradistin guished from the political sentiments of" their opponents, the tederaf party, in placing me two parties in juxtaposition, I will (if I know myself) "naught extenuate or aught set down in malice" for I hold him equally guilty who would either suggest a falsehood or suppress the truth; and however difficult it may be to di vest one's self of prejudice, produced by the force of circumstances around him, and un shackled by party trammels, to rise superior to the tribe of infallible doctors the etts tn- afeife valum." Yet I trust, for the credit ot poor human nature, that it may be done that there are some who can and icill throw off party harness, and have the independence to trace political truth wherever it may lead them; and when found, will embrace it, "whether on christian or on heathen land." Without this disposition, both professed and acted on, both by those who write and those who read, all at tempts at political or other advancement would be unavailing, and man would as consequent lv fall from his "high estate" as that effect will follow cause, and degenerate into the passive instrument of the designing demagogue a mere "automaton" a tool, possessed of no rational volition. T reneat. therefore, Mr. .Ed itor, that I should deem any thing, in the way, either ot a "susrsrestio jaisi," or a -sup- pressto en, on so momentous a que&uon, m the highest desrree. reprehensible; ano, mere fore, for what I may say or advance, 1 noid myself responsible to, and invite, the strictest scrutiny of those gentlemen who differ from me. The errors of most men may be traced to a listless vacuity of mind to a kind of sluggish inactivity which makes the dupes ot design ing men. Hence those things which are the more prominent, and which require but little mental exertion, are more readily received than those which depend for their truth, upon a process somewhat complex, and seemingly difficult of examination. So long then as men will suffer themselves dictated to by those political demagogues who iufest our dis trict, and remain passive on their backs and suck in political pap so long as they will not take the - trouble to examine and to think for themselves, on subjects of the greatest impor tance, both to themselves and to their posteri ty, so long will they be the "slaves of authori ty," and in the end become the victims of those' who flatter them the most. Oura is a government professing to be re publican in its character; ano ior 11s suppmv, rests on the popular will. It beiijjj the House of Representatives. lhe result was to a considerable -extent, to divid the. party, but not sufficiently so to accomplish their object. For "the sober second thought" of a large portion of the American people, enabled them to see the game that was play ing, by these innocent Whigs. They saw that White was only a tool to divide the original republican party: He professing to be a republican, would of course be enabled to rally a great many republicans, who could, consistently with their former principles, sup port him. a hey had tried to succeed by electing John Q,. Adams, one. of the leaders of the Federal party in the United States, in this they failed, they then tried Henry Clay, they failed in this also, and to accom plish their object they bethought themselves united we atand, divided we fall," they set to work, and brought out poor "honest Judge White. The man that had been so often denounced and abused by these self styled Whigs, for his political course in Cdngress, and used him as a pliant tool; poor man, he was weak enough to sub mit himself to be used for such a foul pur pose, but it would not do. I would just stop to enquire where is he now? We scarcely see his name mentioned, even in the Con gressional proceedings, although he is a member of the Senate. I have every reasra to believe, if we judged the future from the past, that this much talked of Harrisburg convention, is a mere humbug to deceive the people, and keep them in suspense until the elections are all over in the different States; and then, if it is ascertained that they have a majority in the House of Representatives, the republicans need not be surprised to see a number of candidates in the field, , of the good and true W'hig creed. And it may be, they may find some man of pretended repub lican family, as was Judge White, who they can make a tool of for party purposes, so as to divide the republicans, and by that means, prevent the people from electing their own President. But a3 Harrison and Webster, are the only candidates spoken of at this time, the people should know whether Mr. Deberry (if the election should devolve on the House) would give 'either of them his support (in case Mr. Clay should not be nominated) in preference to Mr. Van Buren. I shall pause for an answer. V REPUBLICAN. Richmond County, June 19lh, 1839. therefore of this description, I would respectfully ask, what constitutes its great excellency, and what those striking criteria which distinguish it from, and make it rise superior to all other forms of government? , It cannot be because those sages and patriots who formed it were possessed of more wisdom and love of coun try than all who had gone before them. No, however we revere their names, and admire their wisdom, and justly pride ourselves on having descended from such an ancestry, it consists not in this, but has, if possible, a more exalted origin: it flows more from the heart than the head, and consists solely in Dividend The Bank of Cape Fear has declared a dividend of 4 per cent, for the hail year ending the 30th inst. payable on or af ter Monday the 8th July. IVilmington Jidv. Ah it 95n hales cotton varn and goods, have been shipped from this port for the north within the past ten days, trom rnonn arouu-factories.- lb. Simultaneous Meetings of Chartists. These are to be held all over the kingdom, and to resolve whether they will withdraw all their j r C Ponkc nnnnint month of cessation of labor, to prepare tne millions for their political emancipation,- agree to trado with none but Chartists, and then the Conuentam of July 1st, is to carry these decisons into execution The young Czar of Russia is delighted wi4 his brilliant reception in England, and ooe not leave till after the Ascott races. f;-2
The North Carolinian (Wilson, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 29, 1839, edition 1
2
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