1ST it' i M 1 2 i f w'. 1 t 5 I POLITICAL. FROM THE H. T. JOURNAL. OF COMMERCE. ; CURRENCY. - . Messrs. EiiTORs::--That any person in these days should put forth the dogma that there is not specie enough in the world to serve as a basis for the circulation or curren cy, would indeed be surpiislng, if any absur dity were too grtat not to find some support ers. We have," as you state, specie enough (more than eighty millions) in the country, and if we want more, there U in France alone from three to four hundred millions of dollars, in silver and gold. And yet we are sending specie to France; and why? Simp ly because we have flooded ourselves with paper circulation in all its forms; bank notes, "-post notes, bank bond?, State and Corpora tion stocks, land engagements, and all sorts of speculations, and are importing largely at the. same time. - If we had twice as much specie, it would make no difference, except that it would go from us the faster, inasmuch as we should put out more paper. Go it as certainly would, as water runs down hill, un til the necessity of having it ourselves should check us, and oblige us to lessen our engage ments, and bring our prices down to a rate at which our products would sell abroad, and until our imports should bo kept within proper limits. We should then have specie enough. The remedy for the. present scarcity is thej simplest in the world; it is only to do less to ' keep within any reasonable bounds. With out this moderation, all the specie in the world would only make the matter worse it would be like drinking more rum. With moderar Hon, specie must always be abundant. In regard to the resumption, nothing can be more true .than your view of this matter, and the country is indebted to you for the course you have pursued. The difficulty lies as every one now sees, not in having resumed too soon; but in a part of the country not hav ing resumed in good faith, and with the de termination to meet their engagements. They resumed, to be sure, but immediately extended themselves by borrowing in every direction, and putting out paper, and raising prices, and speculating in cotton, and in car rying on improvements, and in various othet ways, instead of paying their debts. What can be more evident than that the present dif ficulty in the South and West is owing to the misconduct of their banks in making a show of resuming while they were actually issuing irredeemable paper, and extending in all di rections? And then, to cover this, is it not a little too bad to be told that we resumed too soon? As well might the drunkard say that leaving off drink would exhaust him, and that the true way to become sober is to take more brandy.- Look at the dishonored engage ments ofthe Southern banks now lying here unpaid, because they have chosen to employ their means in combinations to effect an un natural and mischievous rise in prices; a combination which, if persisted in, must ine vitably ruin all that are engaged in it. This must now be evident to the actors in it, and they must see that they have only one course, and that is, to curtail and bring themselves on solid ground. And we are glad to see that the whole country is beginning to understand mis and that the whole system of bank post notes, bank bonds, bank speculation, and bank borrowing, is admitted to be radically wrong, pernicious, and mischievous, both to the banks and the community. It has been fortunate for the country that we have been checked by the Maine question, by the short grain crops, and consequent scarcity of money in England: by the lessened consumption of cotton, and opposition to our cotton combina tions; and by various other causes. We should otherwise have had the same elemen- at work as in 18367, and a similar result. In regard to Treasury notes, the sooner they are got rid of the belter. All these paper contrivances are bad. We are looking out wardly for a remedy to evils that lie within ourselves. We have only to be quiet and les sen our engagements, and not hurry our pub lic improvements, or push individual specula tion. Time and money will accomplish all haste will bring waste and ruin. Nothing can be better than our position, if we are wise; our crdps will do every thing for us, if we win only do our part. FROM THE SAME. THE CURRENCY. At the request of a subscriber, we publish on another page, a letter from D. A. Smith, Esq. of Baltimore, to John Brockenbrough, president of the Bank of Virginia. We would not be considered as concurring in all the views which the writer presents, particularly his intimation that the resumption of specie payments by the banks took place too soon. We have always regarded that early resump tion as highly honorable to the banks, and highly advantageous to the country. There were only two courses for the banks to pursue after the. suspension; one, the course which our banks did pursue, viz: curtailment for they were too much extended) preparatory to resumption; die other, that pursued by some ofthe Southern banks, viz: throwing out large issues, disproportionate to their means of re demption. Which was the" wisest course, we at least, have no doubt. , "Ye shall know them hy their fruits." : " Resumption has not diminished the aid afforded by par banks to the conwnunity, but increased it. Both their circulation aud their loans are greater now than before the resump tion, (speaking of the aggregate of chartered banks in this Slate,) by several millions. Or to be more exact, their aggregate loans and! discounts on the 1st of January, 1838, four months before the resumption, were $60,999, 770; on the 1st of January, 1339, eight months after the resumption, $63,330,486; increase $7,000,716, Their circulation on the 1st of January, 1838, was $12,432,478; 1st of January, 1839, $19,373,149; increase, $6,490,671. Their circulation at the last mentioned date, was as great, within two mil lions, as it was on the 1st of January, 1S37, ,or 1st of January, 1836; their loans and dis counts, only $4,000,000 less than -on the 1st of January, 1836, and $11,000,000 less than on the 1st January, 1837. : So that, in spite of both the suspension and resumption, we have about a fair average circulation, compar ed with former years, and nearly a fair aver age of loans and discounts. The banks have gone as far, we presume, as they thought they could do with entire safety to themselves, and they have done well. ; This view of the effect of resumption upon the condition of the money market, is applica ble, essentially, to most of the Northern States. , We are compelled to infer, then, that they thn pnrlv resumotion, would have had the bauks extend themselves on an "irredeemable" busis much further than they have done on a specie basis, and further ihan they were accustomed to do before the suspension. Otherwise we see uo motive for wishing to postpone the resumption; for we take it a dollar redeemable with specie, is as good, for any purpose, as an irredeemable dollar. It may be true that if irredeemable bank paper had been issued freely, Instead of a moderate issue ofthe excellent currency with which we are now favored, sundry useful en terprises which have been delayed by a lack of the needlul, would nave Deen pusnea on wuu greater vigor, and completed at an earlier date than thov will be under existing circumstanc es. The same plentiful ness of money (if mnnfv it mav be called1) might have caused larger importations, and in various ways giv en a stimulus to trade, business and specula ... - - i 1 1. i tmn- which.- tor me time oeing. migui oe deemed prosperity, but which in truth would be nreciselv the reverse. As intimated by Mr. Smith, we have already overacted in these matters. We have driven our internal Im Drovements too fast; we have imported too many goods; and we have done many other foolish things which naturally result from a great abundance of money. We . are now getting back to a healthful position as fast as could be expected, and a great deal faster than we should have done if the unnatural stimulus of a redundant currency were added. We can readily imagine that to numerous individuals and companies, it would be very convenient to have monev plenty, whether good or bad, if only it would pay debts, and in other respects perform the usual functions of money. There is no dispute on this head; but the question is, whether such a state of tnings can exist, wiuiuui aggravauug mo ur ease which it is -designed to remedy. We think not. And we are not quite sure but it would have been better for the country if mon ey, a part of the time since the resumption, had been less plentuul than it has been in fact. The Idea of getting out of such a scraps ns that which we srot into in 1836 and 1837, without distress, is absurd. Much less can it be done by an abandonment of sound princi ples, whether of banking or otherwise. The only escape is by backing out. Putting on more steam would only drive the ship further on, and render escape more hopeless. The experiment of an irredeemable curren cy has been thoroughly tried in Buenos Ayres. The result is, that bank paperin that capital is worth at this time about 6 1-4 per cent, on its FROM THE GLOBE. " ; OPPOSITION CONFESSIONS. In the able article on the currency, which we extracted yesterday from the Journal of Commerce, are theJbllowing Opposition con fessions, which it may be well to remember; 1. "We take it a dollar reaeemaow wim specie is as good for any purpose as an irre deemable dollar.'! - What will Messrs. Clay and Preston say to this, who argued in favor xf the latter? Or the Baltimore Chronicle, whicn considered the currency best when the least specie exis ted in the country. - Is a dollar in specie, or redeemable in spe cie, a good currency for the Government and a bad one for the people? 2. We have driven our internal improve ments too fast." What say Ritner and Burrowes to this in Pennsylvania? What say Wallace and No ble in Indiana? 3. "We have imported too many goods." What say the ex-President of the mammoth Bank to that? who with his'disciples, in 1837, insisted that there had been uo overtrading. 4. "In our own case, what was it that compelled the bank to suspend specie pay ments? It was precisely that which would result again from a long continued plethora of money, viz: overactioii." What say to this all who have heretofore railed at the removal of the deposites at the Specie Circular at the mode ot making transfers at Cen. Jackson and Mr. Wood bury as the cause of the suspension of spe cie pavmentsT It is now at length discovered that the true cause was oreraction, the same which was as signed to Congress in September, 1837, by President Van Buren and the Secretaiy of the Treasury, and for doing which they were then both abused as incompetent and stupid. 5 "It was the possession and use of too much CREDIT that aggravated the disasters of 1837." Where are tho eulogists of the boasted credit system now? The Tallmadges, the Riveses, and the Biddies, who would live and breathe, and exist on credit, and credit alone; and whose well regulated credit system is now admitted to have been very ill regulated, and to have been used quite too much. 6. ''Treasury notes have been very useful already, notwithstanding the opposition they encountered at the outset." Yes, opposition to the knife though the notes were limited in amount and character, temporary, and guarded with the most scru pulous caro and rendered necessary as well as convenient in an, exigency by the failure of those very banks to make payment to the Government whose friends oppose the use of these Treasury notes. At length, however, after the showers of abuse on the Administration for the measure, the notes are discovered and admitted, by the leading organ of the merchants in this coun try, to have been very useful. In a few years more the Administration is likely to have most of its abused measures, by confirmed lj puoitc wjjtitoii us io e.iuu Hp probation from the most violent of the Opposition. nominal value. In other words, a dollar "of Jlhe scrutiny of time and argument, so well paper is worth obout o 1-4 cents in specie. All the rest has been sunk aud lost. And who has been benefitted by the process? Possi bly individuals may have been, if permitted to pay debts in such trash; but in such a case others must have been the losers. It is the same, in effect, as if a law should be passed authorizing debtors to cancel their indebted ness by paying a part of what they owe, in stead of the whole. . . In our own case, what was it that compelled the banks to suspend specie payments? Ii was precisely that which would result again from a long contiud plethora of mouey, viz: OYi-action. It was the possession ana use of too much credit. We need not recapi tulate the history of those days. Suffice it to say that fast as was the increase of bank capi talandof the circulating- medium, neither the one nor the other could keep pace with the progress of business, speculation, and adven ture. When the banks were used up,, resort was had to the shavers, then to the gougers, and finally to the shark; then came the panic, then the run upon the bauks, and then the blow up. We hope our countrymen are prepared to profit by this dear-bought experience. It was impossible that such a drama should wind up with any thing but insolvency in regard to number. Notwithstanding the present scarcity of money, and the apparent hardness of the times, we consider the country to be far more prosperous now, in reality, than it was in 1S36. Then it was dissipating, and getting sick; now, it is undergoing medicnl treatment, andetting well. Many who were tempora rily prostrated by the disasters of 1837, are now free from embarrassment, and others are becoming so. The scarcity of money warms them to avoid new engagements, except those ofthe most urgent character to live cheap, aud manage cautiously. Not a few of these "broken" ones nay, some who were suppos ed to be bankruptwill hereafter be the safest men in the community. T.hey before pos sessed every quality of perfect business men except one, viz: prudence. This they have now acquired, though against their will. Having said thus much in connection with the first paragraph of Mr. Smith's letter, we commend some of the subsequent views to the notice of our financiers. Treasury notes have been very useful already, notwithstand ing the opposition they encountered at the outset; and are, tossay the least, as good a basis for" bank issues as State stocks, which the new order of banks in this State are allow ed to discount upon. We do not,' however, feel so keenly the lack of specie as does Mr. Smith, believing there is enough in the coun try to serve as a basis for bank issues. There is probably at least $30,000,000 of specie in the United States, and our bank circulation never amounted to $150,000,000, and is not now much, if any, above $100,000,000. True Enough. A wagish Whig asked another to name the three main props of their ide. "To be plain, they are Money, Impu dence, and Slangwhanging." . "You have hit the nail on the head," said the inquirer, and on, fully satisfied with the answer. Columbian Con. Register. East, to make him esteem it his duty to en deavor to satisfy his frends, that it would be unadvisable to press his name Deiore ine Ra tional Convention." And the Philadelphia Star retorts: : "The Cincinnati Whig is mistaken. Mr. Clay's duty to his friends, and their duty to him is the same. They should not destroy him, nor he them by unyielding repugnance to abandoning the field to a more popular candidate. To say nothing ot ine great, na tional interests at stake, personal pride and the Republican right of personal preferment, will be consulted by accordance wun nianuesi policy and the advantages of harmony. We have profited more by the result than the exam ple of the Wolf and Muhleuburg suicide, if the i a i 1 a. Pennsylvania drama snail dc reversea as iu parties, and extending as to scope, in the na tional struggle between tne two great parties or principles at issue. It would be self-destruction here, and treachery to the party in sister States, if Mr. Clay perversely persists in trying again an oft lost chance, in defiance of popular desire and apparent policy. Penn sylvania can vote for Gen. Harrison, but won't for Mr. Clay. Albany Argus. Prospects of JVIr. Clay. According to the leading Whig organs the election of Mr. Clay to the Presidency is hopeles, if he re ceives the nomination of the Whig National Convention. The -Philadelphia Gazette, a warm friend of Mr. Clay, says: "With regard to the National politics in this State, and the prospects of Presidential candidates, we must candidly say, that we have no confidence in Mr. Clay's success. A Whig paper of New York, Freedom's Sentinel, says: Mr. Clay cannot obtain the electoral vote of New York." - The New York American says: The course of events proves that in the South Mr. Clay notwithstanding his famous anti-Abolition, or, rather, pro-slavery speech has no such hold as to warrant the expecta tion of his obtaining the support of a. single Southern State, except, perhaps, Louisiana while the very objectionable toue and doctrine of that speech have chilled the warm feelings once entertaiued for him by hundreds of thou sands of votes in the free States." And the Cleveland Herald, after discussing the ooDularitv of Messrs. Clay and Harrison io that State, concludes thus: "How, then, do we stand in Ohio? By our divisions, POYERLESS." Thus it will be seen, according to the Whig calculations, that four great States, N. Ycrk, Pennsylvania, V irginia and Ohio, are against Henry Clay, Vetvoit t ree rrcsa Another Devtlopemenll The attempt of the Federal and Conservative taction in tne Senate, at the last session of Congress, to re vive the odious gag-law policy of the old Adams' administration, shocked the Republi can sense of the country, so far as it could be shocked by any thing coming from men whom it had loug known as the unscrupulous enemies of Republican liberty We now have another development of the I i ..t.r ttfalcK-liwU' a 3 1 1 1 1 1 1 il I" Might FROM THE GLOBE. THE OPPOSITION AND THE EX PENDITURES. We have examined the journals of the last three sessions cursorily, and we believe wc shall be able to prove by the record by the yeas and nays of the Opposition members in Congress that every appropriation bill passed during the last Congress had a majority of Whig votes in its favor. We proved iu our articles, during the last summer, that Opposi tion members had proposed, and a majority of them voted for many millions beyond the es timates of the Departments. The journals will show that, at the last session, as at for mer ones, they voted for vast sums beyond the estimates, and for appropriations defeated by Democratic votes. What must the people think of a body of partisan representatives, who go amongst them, making the expendi tures of the Government the theme of inces saut denunciations against tho Administra tion, when it appears on the record that a ma jority of themselves voted for every public ap propriation for more than the estimates of the Departments for more than they could tempt a sufficient number of Democrats to aid them in passing, with all the lures of their log-rolling system put into requisition! It is our purpose to prepare and publish, as soon as possible, a complete list of the yeas and nays of Federalists upon every public ap propriation bill during the last Congress. From the examination we have already made, we think it will appear that all the expendi tures now so loudly and universally condemn ed by the Federal members ofthe body, would have been passed by their own votes if there had not been a Democrat in Congress. But the country shall have the record which brazen Federalism has' made to rebuke itself. Mr. Webster's withdrawal from the course and country, for a foreign tour, has not proved to be so long a stride towards the adjustment ofthe conflicting preferences of the Opposi tion, as some ofthe Federal organs affected to believe ot the time. Mr. Webster's ample, lauded as it has been, as a piece of iua-uamnuiy and patriotism worthy of all praise, has not thus far, at ail events,' proved cbntagious. The Federal availables in the field for the Presidency are as numerous as before, and apparently with as little disposi tion on the part of their adherents to withdraw their favorites as ever. A Harrison paper in Philadelnhia Cthe Str urges Mr. W.'s example home upon some of ureuuier cauaioates and their friends, appeal ing particularly to Mr. Clay to go and do likewise. The Whig at Cincinnati, where we believe Mr. Clay sojourned a short time on his tour to the East and North, takes it upon itself to answer the appeal, on behalf of Mr. Clay, and in a manner at once direct and significant. It says: We should think the Star too late. Mr Clay cannot now very consistently alter his position to those friends who wish him to be a candidate. It is true. h upon the real sentiments of tho combined Op position to ine democracy, and proves in consistently the unchanged Toryism of the ederal party. We refer to an article which lately appeared in the National Intelli gencer, published at Washington, the leading r ederal newspaper m the United States, ; sailing the Republican doctrine of a FREE PRESS! Free discussion, freedom of the press, the right of each individual to utter, print and publish facts and arguments in favor of what he believes to be truth, is a fundamen tal principle of Republican liberty. Augusta (le.) Age. The New York Evening Star, though op posed to the circular, is "glad it has been published," because it will convince the South ofthe necessity of a great moneyed institution, to bring the cotton crop advantageously to market It convinces the south ot no sucn thing. -The revulsions and oppression which the circular lays at the door of a great money ed institution across the water, .convince us of the danger of trusting power in the hands of a great moneyed institution on this side. We are ; neither willing nor necessitated to rely on the tender mercies of a great Northern speculating machine. When its own profits or .Northern interests stand in the way, - we know from experience how it operates in bringing cotton to market; and as to the ad vances needed, there are southern capitalists who arc ready to make them on more liberal and impartial terms, than the "great and con trolling power."-Charleston JMercury. Instinct Col- Stone, of the Commercial Advertiser, from his propensity to royaltze every thing having an aspect impressed by hirh nualities. eives the following account of ZD "I ' O " the great democratic display: "Ihe President then rode up moaoway, preceded by the troops, surrounded by friends, and tollowed by a large procession oi car riages, horsemen, and lootmen. He was mounted on a fine black charger, which from his proud and noble carriage, we should hold to be of decided Whig blood. The President rode with a royal air, and managed his steed like a cavalier. In truth he is as good a manager of horses as he is of men and so that they are well bitted, when well booted and spurred, he rides both to admiration. Broadway was well thronged for the occasion, and the windows of the houses were filled. In the vicinity of the Park, the crowd wa3 great, and the scene quite animated." lhe horse, it seems, was "proud and no ble," hence the Colonel infers . he was of "de cided Whig blood." The President "man aged this 'steed like a cavalier." and therefore "he rode with a royal air." Certainly he who rides the Whigs "booted and spurred? must be royal. Their whole scheme of poll tics tends to this end. Ulobe. The. Whig's are anticipating great results from the co-operation of a paper, by this time in operation in Portland, called the "Eastern Argus revived," published by Ira Berry and Co. and to be edited, as his friends assert, by Hou. F. 0. J. Smith. The Whigs are wel come to all the good they can derive from such a source, and may, if they please, as they are now doing, saddle themselves with its support. - Whatever the talents of the indi vidual may be, and whatever his influence may have been, he is as harmless as the viper without fangs." .Lucifer, the "Son of die Mor ning," was the most gifted of the angels, yet he fell, never again to rise. So shall it be with every renegade and apostate from the Republican ranks. The moment they take up arms against their former benefactors, that moment their doom is sealed, aud they plunge into that political abyss from which all .the Dlaudits of Ihe AVhfirx cannot ra (hem. They may, if they please, "steal the livery of Heaven to serve the devil in," or they may steal the name of a paper to subserve their purposes, yet it will avail them nothing. Democratic (JIe.) Republican. POLITICAL SCRAPS. ofthe popular will, during his tour NorthWnd J er. Some of the Whig presses are complaining that in the President's speech at his flattering reception in Castle Garden, New York, he employed the phrase "his Democratic fellow citizens;" thus, they infer, openly avowing the electioneering character of his tour. Now, what more comprehensive phrase indicative of his countrymen, iCeonnection with - their peculiar political institutions, could the Presi dent have employed? Are we not all citizens of a Democracy? But if the President had even intended to give his tour a party charac ter, which we do not admit, have not the V higs, as a body, set the example of a politi cal demarcation by the manner of the Presi dent's reception in New York? Have they generally and heartily united in doing honor to the nation's representative? or have they kept aloof from these outward demonstrations of respect in which the great mass ofthe peo ple of that city have united? Let them first set a better example of liberty before they as sume to be the preachers of political tolera tion. Southern S. C. Patriot. Selected Toasts from the Celebration at Worcester, Massachusetts. The Whig Thermometer: "As the country rises Whigism sinks; as Whig ism rises, the country sinks. ByA. H. Ward, Esq. one of the Vice Presidents. A "Strong Team:" Webster and Swartwout, Whig candidates for Presi dent and Vice President both gone to En?- land to qualify themselves, by the study of jji iwi. LuniLn, uiscuarge me uuiiesoi ineir expectant offices thwtuition ofthe one paid by the Whigs the other stolen his from the public chest. - Wm. C. Rives and F. O. J. Smith: The head and tail of Conservatism equally well calculated to perform their respective func tions from the position they hold. By Nathaniel Sibley, 2d Levi Woodbury: The able and indefatigable Secretary of the Treasury; his integrity and industry are only equalled by the malice and falsehoods of his political foes. Henry A. Wise, and Mr. Pleasants, editor of the Richmond Whig, after calling each other all sorts of hard names, have allowed mutual friends to say, that they both lied in what they published about each other, and made up Boston Post. Note. Tbey spoke the truth of each oth- COMMUNICATIOXS. FOR THE KOKTH CAROLINIAN. Hon. Edmund Dtberry: Sir, it is rumor ed in this district, that you as one of the "Whigs of last Congress," did, during the latter part ofthe session hold a caucus, and did, then and there, agree upon supporting Henry Clay, and did recommend him to your Southern Whig friends, as a suitable candidate far our suffrages in the next Pre sidential election, and that delegates should be appointed to the Harrisburg Convention, who should be pledged to his support. Now, sir, as one of your constituents, I would , ask you what right had you to at tempt to dictate to us in this matter. We elected you to go to Washington city, not to nominate a President, but to make good and wholesome laws; and then as our Lycurgus, how dare you enter into a secret caucus with your old friend, J. Q. Adams, (who you should now be ashamed of, but on whom, I am told, you pass the highest encomiums,) and that notorious Abolitionist, Slade, and a host of others, all calling themselves "Whigs," yet possessing as many different principles as there were tongues at the building of the Tower of Babel, and attempt to palm off on us, Henry Clay, "the thrice beaten advocate of the Bank" and Tariff. When we see so many different parties with you, such as Conservatives, Abolitionist, Anti-Abolitionist, Blue Light, Federal, National Republican, Tariffites, Anti-Tariffites, White, Clay, Har rison and Webster men, all unite for the pur pose of breaking down our present Republi can President, who is so firm to the South; and putting in hi3 place, your Magnus Apollo, (Henry Clay,) we may with some degree of propriety suspect you of forgetting the interest of your constituents, and labor ing with all your might for the interest of the Aristocracy of our land. I will assure you, that Henry Clay can never get the vote of this State, or even of this District, (if we could vote by Districts.) We have not forgotten the time, when lie abused General Jackson so wantonly, whilst the Old Hero was fighting the battles of his country, and protecting our wives and our children, from the tomaharwk and scalping knife, ofthe merciless savage. We have not forgotten the time when Henry Clay invok ed "war, famine and pfctilence" on our hap py country, rather than see the Hero of New Oeleaks, elected to the Presidential chair. We have not forgotten the time when the free' citizens of these United States, honored General Jackson with a majority of their suf frages, that Henry Clay entered into a cor rupt bargain and intrigue with J. Q. Adams, and prevented Gen. Jackson from standing at the helm of State. We have not forgot ten that Henry Clary is the advocate of a National Bank and Internal Improvement, by the General Government; and we have not yet forgotten, that Henry Clay is the man who imposed on us that odious Tariff, which came well nigh bankrupting the whole of the' Southern States, and although much reduc ed, is now "too grievous to be bourne," and that we still have to pay a tax of 2 1-2 cts. per' lb. on sugar, 15 cts. per bushel on salt, 5 eta per gall, on molasses, 1 l-4cts. per lb. on iron, 4 cents on nails, 5 cents per yard on bagging, and from S3 1-2 to 50 per cent, on all wool' lens, and a high duty on almost every arti cle which the farmer buya, whilst the most of dye stuffs lind furs, and nearly all articles which the manufacturers use, come in . duty free. Now, Sir, bow can you recommend to the honest, unsuspecting farmers of your District, a man whose principle? are so hos tile to theirs. . I know, sir, that your better judgment frequently checks you, in attempting to palm him off on your constituenta, but you h&ve become such a bitter partizan, and you draw so well in party harness, that it has destroy ed the finer feelings of your nature, and you have while-washed him over so often, that you will soon think him an excellent Whig-, (pardon me in the use of this word, for it is a name which-I love; but, oh, how it is pros tituted.) The name which was inscribed with the patriot's blood, on the banner which floated so successfully over the heads of our forefathers, in the war of '76, is now seized on, by a dozen different parties; all clamor ously appropriating it as their own. You tell-us in your address, that Henry Clay proposed the "Compromise Bill," but forgot to tell us that he done it because he saw the whole system in danger, and that Henry Clay himself says, that" that bill is only temporary, and that af ter its expiration, he will revive it, if the manufacturers require it, that it is only an experiment; and yet you harp bo much about this act, as if he was actuated by motives of patriotism, as if he had come forward and magnanimously thrown down his favorite system, on the altar of Ids country; when any person, who has just began his "horn , book in politics" know3 to the contrary, and that he was influenced alone from selfish purposes. You also tell the people, that Van Buren voted for the Tariff, and dwell largely on this point, attempting to show the inconsis tency of the Administration party, but here again, you forgot to tell them that Van Bu-, ren voted for it under the express instruc tions of his Legislature, and that he really at heart was opposed to it, that his speech at Albany is evidence of this fact, and that he 6aid it "originated in the closet of the politic cian, instead ofthe workshop of the mechan ic." Now, sir, I trust you will pardon the lib erty which I have taken with you, I feel it is a duty I owe you to be thu3 plain, and for fear you may think an old "enemy hath done this," 1 will state that I have always sup ported you, and would do so still, if you had not hoisted the Clay banner, bearing the inscriptions of Bank, Anti-Bank, Tariff", Anti-Tariff", Abolition, National Republican, Conservative, alias Whis?. A NO TARIFF MAN. .nson County, JVC. July 21, 1S33,.. lOR THE WORTH CAROLINIAN. OUR ELECTIONS. Lumberton, July 25, 18S9. H. L. Holmes, Esq. Sir, I think the Re publicans of Robeson County will do their duty at the coming election, they appear to be in good spirits, and are determined to go for their country, and their country's cause. Mr. Hale's pronouncing the Republican parly vith General Jackson at their head, Tories, has aroused the Republicans, and they will flock to the polls on the Sth of August, and endeavor to put down a party whose editor has the unblushing impudence to call them Tories. For they well know it was the Re publican party that fought the battles of our country, and General Jackson was elected by the Republicans, in consideration of his great military services to his country. And is this the party who are now to be termed and branded with the epithet TORIES. The very party that fought for the liberty wc now enjoy, and gained our Independence, arc now called Tories, and that by the Whig editor of the Observer. After the Republican party had driven the British from our soil, they then formed the Republican Constitution, under which we now live, and under which our country has prospered and flourished until she is now the greatest nation on earth. This prospe rity and" success to our country has been mainly accomplished by the devoted patriot ism of the Republican party.' For if the Federalists had got the majority in the Con vention which formed the great National Constitution, we would have had a Presi dent for life, Senators to Congress for life, the Governors of our States appointed by the President or Congress, and perhaps the poor but honest people not allowed to vote for persons to represent them. So Republicans, you see what would be your situation hai the Federalists got the ascendency. Let God and our country be your wateh word. And let me invoke you all to -turn out and vote for Wm. A. Morris, let nothing but sickness or death keep you from the ballot ox, on the Sth of August. A Robeson Couktt Republican. FOR THE NORTH CAROLHf IAN . FRIENDSHIP. .. How sweet is the memory of joys that are put, But joys are delusive, as virtue is rare, And when time cools die passions, and deadens lh taste, We hardly remember, that once such things were- So friendships sometimes, ere they ripen' grow old, As the frost nips the spring buds that soonest ap- pear, . And the heart that first opens, is first to grow cold, And pretends to forget, that of late such thing were. I've seen one, on whom, smiles and earresses were 1 heaped, Till the burden of kindess seemed heavy to bear, And the warm grateful heart, in sincerity feap'd. And swore that 'twould never forget, such thing were. . I have heard the professions of friendship the dearcatt - While suspicion's sharp glance, could not fancy fear, ... B,ut the friendship I fancied is the firmest sincer And e'er will remember, that such things were. II. R- III

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