7
V
0tf
itet ait;
"CHARACTER IS AS IMPORTANT TO STATES AS IT IS TO INDIVIDUALS; AND THE GLORY OF XI
IE STATE IS THE COMMON PROPERTY OF ITS CITIZENS."
II. L.. HOLMES, Editor ami Proprietor.
FAYETTEVILLE, SATURDAY, AUGUST. 29, 1840.
VOL,. 2. XO. 2G. WIiolc XemberTO.
rss TERMS.
in nor annum, if paid in advance ; 83 if paid at
,1 Vend of six months ; or S3 50 at the expiration
f tl e year. Advertisements inserted at the rate
f sixty cents per square, for the first, and thirty
Lts for each subsequent insertion.
naDcr discontinued until arrearages are paid,
Pntat tlie option of the Editor.
eSpfo "inscription received for less than twelve
"rourt advertisements and Sheriff's sales, will be
i I 'i ner cent, higher than the usual rates.
" 4l1 advertisements "sent for publication should
the number of insertions intended marked upon
hem, otherwise they will be inserted until forbid,
r 1 cha'cd accord in civ.
rr-Lctfers on business connected with this c.tal
luhment, ninst be addressed H. L. TIoi.n f.s, Erli
' of the North-Carolinian, and in all eases post
paid.
Political.
3..r.pr;!ipr; wi-Innc: to make renu'.tar.ees
i 1 Zf will rcnirmhrr (hat thev can do ! free of
os'sje as1 Fosf masters are authorized by law to
IranVlc'rs enclosing remittances, if written by
,,e,n?e:'res, or the cp stents known to tlnni.
PIANO FORTES.
"T0W opening, and for SALE, at the Female
Seminary.
Oiio Extra, Grand Action Piano Forte, elegant
Crotch Maliojinny, Gothic Architecture, with every
moirrn Improvement, manufactured by Wake and
GLnn. ------ S170
Oi ditto, Rose "Wood, 6J Octaves, by W aUe and
Gltnn, - - " ' " " " . 3S5
Oneditto, Mahojrony, by Wake Sc Glenn, 8340
One Jit'o, by Geib and "Walker, - $35')
One ditto, Common Action, by Dubois, Bacon &
Chambers, $i0J
These Tuno Fortes linvc been selected carefully,
bv tli Hest mast-TS in New York, and will be held
at a liberal discount from the re-u'ar prices, and a
acd ton r-mtl paper, 'to snit the times.
A L S O
S-vcral FIAXO FOllTF.?, which have been in
lSc in the Sominarv, a e cfll-reJ at great bargains.
n. v. BAILEV.
FayettcviUe, June 13, 15 10. 6i-tf.
JFayettcvillc
FEMALE SEMINARY.
T"jr WIXG declined fiift'ser supervision of the
IS. FEMALE SEMINARY, it is but jun that
I fhoiiM -xpress tu its former pat-on? and friends
inv io:ifibi!C', at in the hands of Mr. pcr.cer, it
will be co-nhicted with ability and faithfulness, on
the general p'an her tolore rur$u-cl. Mr. Spencer
a-- a" teacher, is laborijw, accurate and persevering.
H. W. BALEY.
THE Subscriber will open the Seminary on ti e
ljt'i of OcTubcT next, and h p-s by giving
liis ent re a id csclu.-ive 'attention to tho business
licl'd in er' (icpirtment by competent, efficier.t
FEMALE TEAUIiEltS to merit the patronnge
liertt'.tbre bestowed. In regard to the j lau lie in
tenJi to pursue, h? h-,s only to say, at. present, that
he isDETERMIXLD tofivcacour.ee of in.ric
tion in each department as THOUOUH a ossible.
The Acad-jnvc year will be thesame as before; con
iiencing on tho 15th October, and closing on the
1 3th J, dv, and divided into two s-ssions. Pupils
charged frnm tinn of entrance to close of sessicn,
.md no deduction mad J for absence, except ia cases
tf ic!;n' ss.
Tr.Ii.yiX In .Idvancc.
Elementary Pt partiiicnf, or Se
cond Class, S3 00 per session
First Class, IGO'l "
French Lansnngc, 10 1 0 "
nrawing and Pointing, 10 00 "
Music on the Piano Forte ac-
coinpanifrt !.y thu Voice, 25 00 "
Music on Guitar, 25 CO "
Cse of Piano, 3 t f) "
Incidentals, 50 "
g. spe:n"cf.r.
August I, I51' 75-f
5
LAND FOR SALE.
Sll!,',criiier wishing to move to th.; West,
A- will otT:r at pub'ic sale, on the '27lb of tliis
month, inv i lanttmn t :, ll .:; ,
nt and, bt-Iongirg tllCr. to, on both sides of the
w 1 rn Vi,,c:e' loads, SEVEN MILES
Uest of I-ayf tteville, and runs across Beaver Ore. k
on the East s ,lr, itl, an excellent MILL, SITE
tncreon. The ni,.,v K.,,l .... ll I ..
. oii; a.i . t ll i I ill uui I tl ,13
nv lands w thi.i the same distance of Favcttcville,
"m I'nii; ami oak.
.If .SO
IT .1
- u o same tunc and place, 1 will offer my stock
' rV"' . '"s an S!,---T 'oirethcr a ith Household
?ni Kif.l.en Fuinitur", Fjirrning Ut.wils, &c.
lis lands will.be sol.l tu suit p.,rchuscr8, in sepa
"Le 'mot if Tcaiic-tn, !... ...ill t. ,n.U
, 1 .... lllliq
an,J know n on the day of sale.
P , . DLLNCAN BUIE.
tevile Aug.8, 1S40. 76-3t
H. ERAMBERT
w TAILOR,-
espectfully informs his frienoj and the public
tann .a"y that lie has re-commenccd the Tai-
Hif c c,lness the house next door to
arkM it ' on Grue" Street 6 doors above the
I der ; i l,?' whore he wi!l thankfully receive all
"Stem I j -on jjiij, uiiuing mc crcoil
I a uaa One. All orders from tlio
'"Kmnat ; n . . . . .
'setlipv ' i 03 nave inecasli enclosed, othcr
bisJ.?., 1 not be attended to. lie bc2s leave
that nV c ho may favr him with their orders.
general f 8 .a " be spared on his part to give
al satislaction.
AilsSf, t HE IIAS ON HAKD
SPenAnr 1 ?f Shirts bosoms, Collar.. Stocks,
wrs, and Drawers, of tho best quality.
The Ta nted.
PpWrbn.r f!'r Jorneymen Tailors, none need
ALSO t orkmcn' and ofsteaf'y I'abits.
vsf. ' .,wo Bys wanted to the above trade.
.N.O , cou"-y will be preferred.
fVtin; -unjr none at tlic sltortrst notice.
viHe, April 2 1S J. Gl-3m.
.From the ronnsylvanian.
Outrageous.
We subjoin a few precious samples of the
style in which some of the great guns of Ilar
risonism see fit io express themselves. These
sanguinary quotations will remind the reader
of past contests, when we were threatened
with gleaming dirks, flashing pistols, gutters
of blood, and committees of ten" thousand
bayonets on Capitol Hill and when heads
were to be. made strangers to bodies with
which they had been intimately connected for
many years. It will be seen that Messrs.
Preston, Corwin, Graves, Stockton, and
others, have taken counsel of "the man in the
claret colored coat," and announce that they
are determined to succeed in the approaching
struggle cither i-i one way or another if not
by ballots, why then by bullets, forgetting, it
seems, that minorities at the polls are minori
ties in the f eld, and that, if they cannot rout
democracy at the one place, the chances are
that there would at least be equal difficulties
to contend with in the other. The following
are the choice extracts to which we refer, and
we recommend them to the attentive perusal
and consideration of our readers :
. William C. Preston said recently in his
speech at the log cabin in Richmond, "thr.t
although he believed Mf. Van liuren would
be defeated by constitutional means, yet if
those means were insufficient, if the ballot
box should fail him, he, for one, was willing
to resort to the rights and the arms that nature
gave him!" This, be it remembered, is from
a Senator of the United States, sworn to sup
port the Constitution.
The Cincinnati Advertiser of the 5th inst.,
states that Corwin, (tho whig candidate for
Governor of Ohio) said at the log cabin meet
ing, '-Let us move in solid phalanx to the
ballot boxes and there deposhe our votes, and
if we cannot cany a majority, are we not jus
tified in using force ?"
The Jefiersonian, published at Charleston,
Kanawha county, Va., has the following no
tice of a speech recently delivered before the
Tippecanoe Clisb of that place, by Win. J.
Graves, the man who killed Ciiley':
' Speaking in the general way of the alledg
ed corruptions of our Government, and of the
abominations of Van Duren in particular, the
eloquent orator held forth the following strong
language in the Alcthodi.st Church of this
place one hand clenched and uplifted, and
the other rattling furiously, the railing round
the altar :
"If it were not for the hope of redress the
hope of a change through the ballot box, I
would here so help me God ! ! upon this
holy altar ! take an oath this night to take up
arms and march with you to Washington, and
puli down the present dynasty."
Copt. Stockton of the TSavy ! declared to
meeting of New Jersey, that in our
fathers time, there were men in JNew Jersey,
who, if they had held the commission for mem
ber of Congress, would have naiicd it to the
table of Congre ss with their hunting knife,
and seen what Southern cavalier would have
dared to take it away. In another meeting at
Jersey City, he exclaimed :
"And here, before heaven, I pledge myself
to oppose these marauders and plunderers of
our right.-?, who only want 2011,000 men to
take possession of our persons. We Irive
tho means in our hands, let us act peaceably if
we can, forcibly if wo mnst. If w e come to
the ballot boxes and are defeated, I do not
say all is lost; there w ill be men still who will
protect the flag and die rather than these ma
rauders shall take possession of it let them
not therefore not 'lay ihe flattering unction to
their souls.' I, for one, w ill go and try with
all my heart and all my influence, but if not
successful, I will not give up, for by heaven I
will carry on the war."
But this species of fi antic violence this
avowal on the pait of prominent men, from
whom many may take example, of a readi
ness to plunge their country into civil war and
deluge its fields with the blood of its own
citizens, if the party to which they are attach
ed should ho rejected by the people, is too se
rious and reprehensible to be treated lightly.
It deserves the severest eensuie from men of
all parties, as calculated to engender thoughts
and feelings of the most dangerous character.
It is true that these "impassioned orators," as
ihey arc termed, may assert that they do not
mean what they say that their prate of car
nage that their professions of readiness, if
routed at the ballot boxes by the voice of the
majority, to carry their candidate to the exe
cutive chair by lire and sword to make their
way to power, not only over the constitution
and the laws, fof which they express peculiar
devotion, but likewise over the mangled and
bleeding bodies of those who would oppose
them arc mere rhetorical flourishes noth
ing more than highwrought pungent climaxes
to fustian speeches. All this is likely enough;
we do not think that they are mad enough to
mean what they say, or to believe that they
could triumph in the way proposed. But still
they are doing mischief by such ranting ap
peals to passion.
The rash and inconsiderate need no incite
ments to violence. Human nature is, in
itself, sufficiently prone to yield to its worst
impulses, without the, encouragement of au
thority, and it is easy to see that when the
giving of a free run to ferocity comes recom
mended from high places, the effect cannot be
otherwise than baneful. Men will not be
likely to practice self-control, when such doc- j
trines as those to which we allude are pealed
forth from distinguished leaders of party, and
are received with thunders of applause. Fine
teachers truly, who advocate civil war and
promulgate principles, which if received,
would speedily reduce this country to a level
with the republics of Mexico and South Ame
rica, where every political aspirant moves
with an army at his heels when every ques
tion is settled by a battle, and where the exe
cutioner disposes of all conflicting preten
sions. It is time that the public, without regard to
party feelings, thould sternly set its face
against the use of such insane language on
the part of public men, and they should be
hissed to silence whenever they venture to
outrage the common sense of the people by
these threats of blood and slaughter. For
a number of years past, it has been tho fashion
in certain quarters, at every political crisis
and whenever votes fell short, to appeal to
arms, and we have seen its effects on more
occasious than one.
From the Glob .
Hcnr (lie Warning voice of "WaslilnstoiiX
. The following are the warning words of
the father of his country to a Senator in the
Maryland Legislature. It is to be found in
S parka's L.il"e of this great and good man.
Head it, ye slaves and mercenaries of the Rag
Barons, and blush for your own deeds of
darkness and dishonor. Bead it, Democrats,
patriots, and friends of liberty aud justice,
and rejoice that you are the true defenders of
the faith of the Revolution; the disciples of a
nashui:;ton and a Jenerson, the sworn ene
mies of the paper swindling monopolies.
Let us either be free, or die in the last ditch,
struggling for human rights. Ohio States
man. Mol'kt Vernon.
Dear Sir. Your favor of the 3 C th ultimo
came duly to hand. To give an opinion in a
cause of so much importance as that which
has warmly agitated the two branches of the
Legislature, and which, from the appeal that
is made, is likely to create great and perhaps
dangerous divisions, is rather a delicate mat
ter: but, as this diversity of opinion is on a
subject which has, I believe, occupied the
minds of most men, and as my sentiments
thereon have been fully aud decidedly ex
pressed long before the Assembly either in
Maryland or this State was convened, I do
not scruple to declare, that if I had a voice in
your Legislature, it would have been given
decidedly aguinst a paper emission upon the
general principles of its utility as a represen
tative, aud the necessity of it as a medium.
To assign reasons for this would be as un
necessary as tedious. The ground has been
so often trod that a place hardly remains un
t luched. In a word the necessity arising
f om a want of specie is represented a3 great
er than it really is. I contend that it is by
the substance, not with a shadow of a thing,
we are to be benefited. The w isdom of a
man, in my humble opinion, cannot at this
time devise a plan by which the credit of our
paper mot ey would be long supported, con
sequently depreciation keeps pace with the
quantity oflhe emission, and articles for
which it is exchanged rise in a greater ratio
than the sinking value of the money. Where
in, then, is the farmer, the planter, the artisan,
benefited. The debtor inay be, because, as
I have observed, he gives the shadow in lieu
of the substance, and in proportion to his
gain, tho creditor or the body politic sutlers
Whether it be a legal tender or not, it will, as
has been observed very truly, leave no alter
native. It must be that or nothing. An evil
equally great is, the door it opens immediulr-
ly lor speculation, by which the least design
ing and perhaps most valuable part of the
community are preyed upon by the more
know ing and crafty speculators.
But contrary to my intention and declara
tion, I am offering reasons to support my
opinion: reasons too, which of all others are
least pleasing to the advocates of paper money.
I shall therefore only observe generally, that
so many people have suflered by former emis
sions, that, like a burnt child dreads the lire,
no person w ill touch it who can possibly avoid
it. The natural consequence of which will
be, that the specie, which remains unexpor
ted, will be instantly locked up.
W ith great esteem and regard,
I am, dear sir, &c.
GEORGE WASHINGTON.
How contemptible tho ebullition of passion
and folly from modern patriots, the bank
nabobs and their satellites of this day, appear,
after reading the brief views of George Wash
ington upon the utility of paper to be issued
at pleasure by non-specie paying banks?
Who, in whose bosom abides the spirit of a
freeman, does not blush at the moral depravi
ty of modern Whigery, at the mock patriotism
which could produce the outpourings of Fed
eral wrath so recently witnessed here in this
Federal District of Columbia, and for what?
Forsooth, because the present Congress of
the United States though, as tho father of his
couutry used to think, aud had firmness
enough to refuse to recharter our non-specie
paying shaving shops, unless they would
agree to pay their debts according to promise,
and bo responsible for the debts they might
hereafter contract? If .that refusal was
tyranny if it was experiment upon theory
the more we have of it the greater will be our
freedom? We mean that freedom which con
sists in equal laws and equal privileges, for
which Washington fought and Warren bled.
Let the appeal be made from the servants of
the. people to their masters the people them
selves. We fear not the judgment of "their
sober second thought."
From the Western Qarcliaian.
TJaiilt Document FaCs for tUe People.
" e have lately leceived the Report of the
Secretary of the Treasury of the United Stages,
submitted to Congress on the 9th of April,
18-10, showing the condition of about 800 of
the 950 Banks in the United States. This
document is a large volume, containing near
ly 1 ,400 pages. There are about 150 Banks,
the returns from which have net been furnish
ed or are incomplete.
In this official document there are some
highly important facts presented for the con-side-ation.
of reflecting men, and well would
it be for the People were they to regard them
earnestly and attentively.
The capital of the Banks returned, real and
nominal, is stated to be three hundred and
sixty millions of dollars.
Their loaisand discounts are four hundred
and twenty-cue millions: that is, 800 of these
Banks hold tl.3 People of this country indebt
ed to them in ihe enormous sum of four hun
dred and twenty-one millions of dollars, while
they have in their vaults only thiity millions
of specie!
At the beginning of the present year, they
had in circulation bank notes to the amount
of ninety-seven millions, which is probably
reduced by this time at least seven millions,
leaving ninety millions afloat.
These fac ts furnish the basis of some cal
culations that should st ike the minds of all
thinking men.
From their own showing, we see 800
Banks, with only ihirlii millions of specie,
holding a debt on the American People of
four hundred and ticenly-one millions of doll
ars:
The simple interest alone of this debt is
nearly thirty millions a year, which sum the
community anuually pays to these 800 Banks,
there being 150 Banks not taken into the estimate.
On the other hand, the Banks have in cir
culation say at the most, ninety-seven mil
lions of dollars, which is what they owe the
People.
So, the case summed up, stands thus:
The People owe these Banks four hundred
and twenty-one millions of dollars, on which
they annually pay an interest of thirty mil
lions, taken from the labor of the community:
the Banks owe the People ninety-seveu mil
lions, on which they not only do not pay one
cent of interest, but even when called on
w ith their notes for the specie, they refuse to
pay that which they have promised, and are
law fully bound to pay! This is the Bank sys
tem now fixed on this country. Can any
man answer to himself that it is not one of
fraud, plunder, and unjust speculation, by
their own -bowing?
The argument urged in favor of this system
is, that itiurnishes a cheap and convenient
currency to the country. As to that, good
bank notes are certainly -ery convenient, but
they lack t good deal of being a very cheap
currency tj the People. Take, for example,
the statcnent above: the Banks furnish a
paper currency of ninety-seven millions, for
which thi community pays thirty millions !
Thirty trillions for the use of ninety-seven
millions! If this be a cheap currency, we
should Ike to know what would be a dear
one.
All thtse arc facts calling for earnest con
sideration for they deeply concern tho pros
perity aid wclfire of the country. Whether
this sta'c of things is to be checked and
changed, or to go on increasing in oppres
siveness and danger, wholly depends on the
next Presidential Election. If the Republi
cans prevail, the Banks will be restricted by
wholesome aud proper laws. If the Banki
prevail, vt may expect the ruinous fluctua
tions of unlimited speculation, with the iron
dcspotis:n of money power.
I'ioul Itichmond Enquirer.
AViilcli Hie AbotilionUts I
Since the late Abolition Convention at Sy
racuse, one is puzzled to understand what
they would be at. Some of them are openly
contending for an independent organization,
their own President (Bimey,) their own elec
tors, their own Governor. Others are going
for General Harrison slill but none of them
declare for Mr Van Bureu. We have the
last Emancipator of the 13lh before us. It
is perfectly Delphic in its revelations. An
Address from "The Friend of Man" to the
Abolitionists of Oneida county declares both
against " that miserable Democrat, Van
Buren," as welt as against Gen. Harrison,
whom it touches rather more lightly. The
Vermont Watchman of the 4th draws a paral
lel between the two : "but here the parallel
ceases : he (II.) has not, like Mr Van Buren,
made the infamous pledge in advance to veto
any bill for the abolition of slavery in that
district. Thus is General Harrison's position
defined in a nutshell ; and we have endeavor
ed to do it with the utmost fairness and can
dor." Again, the Watchman says, " We
protest against holding Gen. H. responsible
for the inconsistencies and absurdities, either
of unscrupulous foes or unscrupulous friends.
He has spoken for himself; his sentiments
have been given openly, fairly and above
board; and his life has proved his sincerity.
He is opposed to slavery. For his voluntary
choice of a home within the limits of a free
State, and his successful suggestion to rescue
five States from the curse of slavery, vve de
mand for him this concession." The Eman
cipator disclaims this conclusion. The Sy
racuse. Convention in their address to the
electors of New York, takes ground for Bir
ney; but makes this pregnant admission :
"Not a few of the Abolitionists of this State
tell us. that they fhall vote for Harrison and
Tyler, because the whig" members ofoui Leg
islature carried through the jury trial law. Our
reply is, that, whilst we feel grateful for that
righteous law, these same abolitionists do
themselves furnish strong and lamentable
proof, that the law costs the cause of the slave
more them it is worth. If the Trojans had
reason to fear the Greeks even when they
were offering gifts, have not we reason to be
on cur guard, when a pro-slavery patty dis
plays friendship towards that dear cause V
The Cincinnati Philanthropist cf July 2Slh
apologises to its eastern friends for "ihe pe
culiar tenacity of the attachment of Ohio Abo
litionists to General Harrison, wilhoLit the ne
cessit)' of supposing them greater sinners than
all their brethren. General Harrison is be
lieved to have done a great deal in early times
for the West. His residence has for a long
time been in our r.iiJst, aad his great kind
ness of manner and real humanity have en
deared him to mn'tit ;de3 who have known
him personally. Add to this, Ohio his some
pride in the prospect of giving a President to
tlie United States. Besides, we have been
afTlicted two years with a pro-slavery Legisla
ture that has drawn upon the State superlative
coiilempt. The Assembly during this period
has been Democratic, fee, &c. In New
New York, the whigs being in the ascendant,
the opposite party lias not had a full opportu
nity to show its hostility to abolition."
The Cayuga (N. Y.) Patriot of the 12th
inst., ridicules the proceedings of the Syra
cuse Convention as a mere whig humbug.
He thinks it "a mere ruse between the whigs
and the whig abolitionists to deceive the slave
States into the belief that General Harrison
(who refused to answer friend or foe in re
gard to abolition, and yet in private letters
has answered both favorably) is not the Abo
lition candidate, whilst it is well understood
between them that the whig abolitionists will
almost to a mm vote for the Harrison and
Tyler electoral ticket." And such will in all
probability be the case. And it will be the
secret and insidious attempt of the whig lead
ers to bring about the coalition. Such, we
understand, is already ihe private movement
in Ohio. Under these circumstances, Gen.
Harrison dare not come out, and offend the
abolitionists ; for he has his eye upon the
office, aud he has not the moral courage to
defy the fanatics. -
Another Allj- in tle Glorions C an.
We hail the appearance of the "Alexandria
Advocate," a new paper just established iu
the town of Alexandria by James A. Payne,
esq. It is published thrice weekly. It looks
well, and it reads well. It will prove an able
advocate in our great aud glorious cause. Its
principles are those of the Jeffersonian School.
Its editor says :
"We shall advocate the re-election of Mar
tin Van Buren in preference to General Har
rison, because we find in him an able and
consistent supporter of State Rights ; whilst
the latter entertains principles which, in our
humble judgment, if successful, would carry in
their train a string ol" measures inimical to
the best interests of the country, and subver
sive of the rights of the States.
"We shall advocate his re-election, because
his policy has been and will be to restore the
operations of the Government under the Con
stitution to that original simplicity contem
plated by its w ise framers ; w-frtlst judging
the future from the past) the policy of Gener
al Harrison woe-Id be to stretch that sacred
iusttu'ment to any extent in order to bring
w ithin its scope the exercise of powers never
conferred or intended to be conferred by
those who framed aud best understood its true
character.
"Wc shall also advocate his re-election, be
cause he is in every respect a friend to the
South, and his shown it by his declarations
a fid his acts." Richmond Enquirer.
CC0. In the meantime, it is conceded that a
temporary debt in Treasury not s has been cre
ated, yet unpaid, equal to nearly $2,000,000
and about $6,OOo,OOOhas been received from
the stock i n the Un ited States Bank. Both of
these, however, are not so much, by some mil
lions, as the amount of the permanent debt paid
aud the duties remitted.
G. So that it follows, on a view of the whole,
that the means provided by the Opposition in
1833, as equal, if well managed, to the ordinary
expenditures till 1S41, have, notwithstanding
all imputed extiavirgahees and losses and mis
management, been made by this dem?cratic
Administration, or its fiscal ofikers, to' defray
all these ordinary expenditure, together with
ail left of the old permaneut debt; and, besides
these, all the extraordinary expenses of two
wars and of Indian removals, and not only
this, but in spite of reductions in revenue by
laws and judicial decisions, nnd iuspiteof
some unavoidable losses, have on the whole
been so well husbanded as to cause a nett stir
phis of more than $27,0l O,C00 above both or
dinary aad extraordinary demands to be saved
and deposited with the States. What a waste
ful aud imbecile career in financial affairs!
The credit of the General Government is
now so high as to borrow money, though tem
porarily, at five per cent., and various whig
tinanciers are anxious to have it assume ana
manage the Slate debts. It the people pon
der on these facts, and see how little reliance
should be placed on Opposition abuses of eith r
the Administration or its prominent officers.
Ila vl Ciucstlons far the Feds.
We find in the ".Veir Era" the following
questions- addressed to the Feds, which will,
w e think, puzzle them right smartly to answer
satisfactorily. We hope our Democratic
friends will put these questions to the Feds,
and insist upon full, fair and explicit an
swers. '
Why did real estate, which cost, in 1817
81,500,000, bring only, $500,000 in 1819?
Was it the w ant of a United States Bank?
Why was it that floor sold for fioin twelve
to thirteen dollars per barrel in 1817, and on
ly four and a half iu 1S19? Was it Gen.
Jackson's "tinkering with the currency?"
Why were our imports sixty millions more
than our exports in 1816? Was it the "specie
humbug?"
Why were thousands and tens of thousands
thrown out of employment in 1818 and 1819!
Was it the "Sub-Treasury?"
Why was it that iu 1S16 and ISl7 wild
and reckless speculations were engaged In,
and wanton extravagance and luxury the or
der of the day? Was it the "want of paper
money ?'
Why was it ia ISIS, '19, '20, and '2l, our
banks, our merchants, and our manufacturers,
from Maine to Georgia, were all involved in
common bankruptcy? Was it caused by tho
"Administration of Martin Van Buren?"
Why were tho exchanges more deranged
in 1S18, and the three subsequent years,
than they were before or have been since?
Was it the "want of a great regulator.7''
From the Globe.
Finaui-rs oflhe General Government.
The Opposition have railed much at the ex
travagance, of the General Government at
the losses sustained by it and at the imbecile
manner in which its finances have been con
ducted. Now let the people at large note a few facts.
In 1S33, the tariff was so modified by a com
promise act, as, in the opinion ofthe opposition
itself, to yield no more than, with the sales of
public land, would sufhee to meet the proper
expenditures ofthe General Government till
1S11.
What has been the result? Have all these
expenses been defrayed by these means? Let
us apeal to the public records:
1. All the ordinary expenditures have, as
yet been met by those means, notw ithstanding
any supposed extravagance, and any magnified
losses, or pretended plunder of the revenue.
a. Besides these, all the ordinary expenses
of two Indian wars, and of many large remo
vals of I udians,and numerous extinguishments
of Indian titles, have also been met
3. It is to be remembered too, that the whole
of these expenses have been met with prompti
tude, and with specie or its equivalent, iu al
most every case, notwithstanding two suspen
sions of the banks, one universal, and the other
spreading over half the Union.
4. They have been met, likewise, without
any permanent addition to the national debt,
without any increase of taxes or the tariff, and
notwithstanding a regular biennial reduction of
duties and relinquishment of several millions
more to railroad and judicial decisions.
5. During the same period, since the 4th
January, 1S33, the remains oflhe old perma
nent debt have been entirely paid to the amount
of nearly $7,000,000, and a surplus revenue
deposited with the States of nearly $29,f'00,-
rteectlana for the Csstli.
That there should be found Southern, men
preferring the election of Gen. Harrison to
that of Mr Van Buren, is, under all the cir
cumstances, greatly to be wondered at by
every man, who, divesting himself of party
prejudice, calmly and dispassionately watches
the passing events of the times, and deliber
ately weighs in his judgement the great and
important issues involved in the present con
test. We have only time or space this morn
ing to take a "biid's eye view" of a few of
the'questions of interest to the South especial-
Apart foni the want of Constitutional pow
er tu create a United States Bank, or tha
great danger resulting from such an inttitu- "
lion to the liberties of the people, the South
has never opposed the establishment of a na
tional Bank upon the gtound that, wheu char
tered, it is to be located in some large city of
the North, Philadelphia, New York, or Bos
ton, and that its inevitable effect is to render
exchanges, of the balance of trade in favor of
the North against the South, where grow the
great staple products of the country the ar
ticles of export and thus to reverse the na
tural laws of trade which require that the ex
changes of the country shall be in favor of
that section which produces the raw material
for export.
Mr Van Buren is uncompromisingly op
posed to the chat tering of a National Bank,
whilst Gen. Harrison is willing to sanction
such an institution.
The South is opposed to the creation of a
Tariff for "protecting the manufactories of the
North at the expense of the agricultural inter
ests of the South, and advocates the reduction,
ofthe Tariff' to the revenue standard.
"Mr Van Buren declares that he is in favor
of a Tariff" for the purpose of raising such a
revenue as is- absolutely and indispensably
necessary to carry on the operations of the
government, economically administered, while
Gen. Harrison declares that he will abandon
the protective Tariff" policy, only when the
streets of our Southern cities shall be covered
wkh grass, and . the cause can be distinctly
traced to the Tariff.
. The South has ever been opposed to a
general system- of Internal Improvement by
the Federal Government, believing that thi i
system is not only unconstitutional, but ex
ceedingly unjust, inasmuch as by it tlie South
is taxed for the purpose of building roads and
canals, and of opening rivers and creeks io
the North.
Mr Van Buren believes that such a system
is unconstitutional and impolitic, having nev