'CHARACTER IS AS IMPORTANT TO STATES AS IT IS TO INDIVIDUALS J AND THE GLORY OF THE STATE is THE C03IMON PROPERTY OF ITS CITIZENS." HOLMES & BAYNE, Proprietors. FAYETTE VILLE, SATURDAY, OCTOBER 9, 1841. Volume 3. Number 1 3? 1 -I if 4 TERMS OF THE NORTH CAROLINIAN. Per annum, if paid in advance, ;2 50 Do if paid at the end of 6 months, 3 00 Do if paid at the end of the year, 3 50 Hates-ef Advertising: Sixty cents per square, for the first, and thiry cents for each subsequent insertion. A liberal deduction will be made to advertisers by the year. Court advertisements and Sheriff's sales, will be charged 25 per cent, higher than the usual rates. All advertisements sent for publication should have the number of insertions intended, marked upon them, otherwise they will be inserted until forbid, and charged accordingly. No paper discontinued until arrearages are paid, except at the option of the Editor. No subscription received for less than twelve months. ICJLetters on business connected with this estab lishment, must be addressed Holmks &. Batne, Editors of the North-Carolinian, and in all cases post-paid. i SubseriherH wihinr to mn!p rmitt5inroc by mail, will remember that they can do so free of posLujie, ns i'osi masters ar autnonzea iy law to frank letters enclosing remittances, if written by themselves, or the contents known to them. Prices of Job Work : HAND BILLS, printed on a medium, roj'al, or super royal cdied, for 30 copies, $2 5H For 50 cop its, 3 00 Aadfor every additional 100 copies, 1 00 HORSE BILLS, on a sheet from 11 to 18 inches square, 30 copies, 3 00 Over 18 inches, and not exceeding 30, 5 Oi) CARDS, large si.'.e, single pack, 3 00 And for every additional pack, 1 25 Smaller sizes in proportion. CLANKS, wlien, printed to order, for 1 quire, 2 00 And for every additional quire, under 5, J 00 Exceeding-5 quires, 75 CIRCULARS, INVITATION TICKETS, and ail kinds of BOOK & JOB PRINTING, executed cheap tor CASH. TPIE FOLLOWING W BLANKS! Kept constantly on hand AND FOR SALE AT THE CAXlOLIMriAIST OFFICE : CHECKS, on Bunk of the State, and Cape Fear Hank. PROSECUTION BONDS, Supr. Ct. MARRIAGE LICENSES VENDI EXfO., constables levy COMMISSIONS to take depositions in equi ty, and Supr. court APPEARANCE BONDS WRITS, Superior and Co. Ct. CA. SA. Sm.r. Ct. INDICTMENTS for Affray, and Assault and Battery, Co. and Sup. Ct. CERTIFICATES, Cik. Co.Ct. JURY TICKETS ORDERS to overseers of Roads BASTARDY BONDS TAX RECEIPTS WITNESS TICKETS EJECTMENTS PATROL NOTICES LETTERS of A DMINI3TUATION Bonds Deeds, common, Sheriff's Deeds, . Constables Ca. Sa. Bonds, Do Delivery" do Appeal Bonds, liquify Subpoenas, Superior Court Fi. Fn. County Court Sci. Fa, to re vive judgment. County Court SubpcGnus, Superior Court Warrants, Bonds for Col'rd. Apprentices. A NEW SCHOOL. A"KN Monday the 5f.h of October, the subscribei xJ' will open in this town, a school for boys, where the various branches ot iunlish and Classical studies will be taught. The charge for Tuition will be SI 0 25, per term, for all ensaged in Classi cal studies and the higher branches of English, or 9511 ner annum, r or the ordinary branches ot hn glish studies the charge will be &3 25 per term, tuition in all cases to be paid in advance, and no student received for less than a term. The year will commence on the 5th of October, and close early in August, with no intervening vacation ex cept an occasional recess ot a lew days. lo deduc tion will be made lor absence unless oy special agreement. Having taken a commodious house, the subscriber will accommodate a number of board ers at S'40 per annum, including lodi n r, room uel and lights. SsKUfcAJA UULlUi. Fayetteville, August 13, 1S40. 7G-tf Fayetteville Observer and Wilmington Ad- ertiser will please copy four weeks. MILL S TONES. flTHE Subscriber naving recently opened a new IL auarrv of superior srit, is prepared to furnish any number of Stones, either at the quarry or at the sfnre o fC. J. Orrell. Fayetteville. The quality of the JVfoore county Stones is so well known as not to need description, and the feunscriDcr win war rant all stones soid by him. If they should not Drove to be good, another pair will be furnished . D ' m, i .1 1 witnout charge, J. lie price is lower man nereto fore. Persons wishins to purchase, can apply in per on. or by letter addressed to Carthage, .Moore county, JN.J. with description oi mo size wunit-u. JESSE SOWELL. : Moore County, April 20, 1S30. 8 tf. PIANO FORTES. GOOD Assortment o( Piano Fortes niav con stantly be found for sale at the Female Semi- r-. . Tr T 1VrTr JI f tUr, rM INARY, or of Col. S. T.IIArYLEY. rPyeUeviIle;Nov.30 1839. 40 tf. iTCOTTOlir G-I1TS. nHAVE a few COTTON GINS unsold at Hall & Johnson's, Fayetteville. They will be sold . at reduced prices, at six months credit. A liberal discount will be made for cash. ' " JOHN W. POWELL. August IS, 1841. 131-3m. BUCKWHEAT FLOURM s For sale by GEO. McNEILL. '"Nov. 24, 1840. FISH! ' Tf BARRELS CUT HERRING. JLttP 15 Barrels Whole llerring- jO Half Barrels Shad. Being expected by the Henrietta Line. For sale by GEO. McNEILL. May 23, 1S4L ll8"tf ir. ) MOUNTAIN BUTTER. 5jJ) Firkins (assorted.) Some very superior, at prices from 5 to 1(5 cents per pound ! for sale by GEO. McNEILL. Nov. 24, 1840. POTATOES. Ofb BLSHELS POTATOES. GEO. McNEILL. Feb. 12, 1841. 103-tf OWEiV HOUSTON, Saddle. Trnnlr. and lltr rniAKES this method of informing his friends jm and customers, in town and country, that he bas moved back to his OLD STAND, on Hay Street, One door below James Baker's Hardware Store, where he may be found at all times, prepared to do any work in his line on the most reasonable terms. KEP AIRING promptly attended to and thank fully received. He keeps constantly on hand an assortment of H m T r .A x -i . .ujujvv Jijyjj L.J1U1K& SJilJJJL.ES. ALSO Harness ofall kinds. Rridles. Whins, Collars, Trunks, and every article in his line of uusincss. He uould take this opportunity of returning his hanks to those who have patronized him; and hopes by punctuality to business, and moderate charges to continue to merit their patronage. Sept. 4, 1811. 132-tf. Obscrver will copy till forbid. NEW GOODS AND CHEAP. THE Subscriber has received his fall and winter STOCK OF GOODS, embracing a general assortment ot STAPLE DRY GOODS, Fur and Wool Hats, Seletie and JSeal-skin CapSy Blankets,' ' Sh oes JJarttteare and" Cutlery, rockery ana Glass ware, 'hit' and wrought Nails, Swedes and English Iron, assorted, Trace Chains, Holloio ware, fyc. fyc. &c. Together with a good assortment of GROCERIES. AH of which will be sold low for CASH, or ex changed for COUNTRY" PRODUCE. Please give me a call before you buv. CANNON C A IS ON, Hay street nearly opposite the Hotel. Sept. 10, 1841. 133-Gm. - SPRIMG VALE MALE & FEMALE SAMPSON COUNTY, N. C.? Located (cqui-distant) 7 miles from Clinton and Warsaw. EI E Exercises in this Institution will be resum JEJ ed on Monday the 4th of October next, under file superintendence of tlio Subscriber. The Fe male Department will continue under the immed-ate direction of Mrs. McNeill. The Subscriber, by giv ing undivided attention to the intellectual and moral improvement of his Pupils, hopes to make the School an object worthy of public confidence, and respectfully solicits a share of public patronage. The Academic jear is divided into two Sessions f f five months each. Students are charged from the time they enter to the end of the Session. No deduction will be made for absence, except in cases of protracted illness, unless by special agreement. The Academy Buildings during the past year have undergone extensive repairs, and at the opening of the Session will be prepared to aecon.rnodate an ad ditional number of Students. The location is plea sant and healihy. The water is excellent. Doard can be had convenient to the Academy at G per month. TERMS, PER SESSION. MALE DEPARTMENT. Orthoirrar hy, Readins, Wntinsr, and Ural Arithmetic. - " - - - - $3 00 Wri'ten Arithmetic, Geography, and Eng lish Grammar, - - 10 00 Latinjand Greek Languages, Philosophy, Algebra, and the higherbranches of Ma thematics, - - - - -12 50 Composition and Declamation attended to throughout the 3'ear. FEMALE DEPAllTMEJtT. The common English branches, Needle work, Embroidery, &c, S3 00 Natural Philosoph', Chemistry, Botany, History, and Composition, - - 12 09 Algebra, Geometry, Intellectual Philoso phy, Geography of the I leavens, Moral Science, Rhetoric, Logic, and French ; also, Drawinir, Painting, and Oriental Tinting, - - - - - 1 5 00 Music on Piano Forte, accompanied by the voice, - - - - - 20 00 Use of Piano, 3 00 ANGUS C. McNEILL. September 13, 1841. 134-4t BILLIARD TABLE Por Sale. Apply at this Office. Sept. 25, 1841. 135-tf. HAYM0UNT HIGH SCII00L. THE Exercises of this School will ba resumed on Alonday the 11th of October. The first Session will close on the day preceedins Christ mas. The Subscriber has been at a considerable expense in enlarging, repair ing, and fiiting a building for the convenience of a School. He expects also to be provided with com petent and constant assistants, and hopes, by unre mitted attention to his Pupils, to merit the patron age of the friends ofEducation. As itis the de sign to make the School permanent, every exertion will be used to render it such, both in the English and Classical Departments, as the wants of the sur rounding community command. In preparing youth for College, it will be the aim trv make thorough and accurate scholars; while in the English depart ment, a greater attention M'ill be paid to the elemen tary branches (ban bas been common in Schools of this description. The terms of Tuitfotl are the same that they have been, vir: Ten Dollars per term for Langn.igesand higher branches of English; Eight Dollars for "other studies, payable in advance. A few individuals may be accommodated with Board in the family of the Subscriber, subject to the same rules and restrictions as his own family, as far as practicable. SIMEON COLTON, September 22, 1841. 135-3t. We hav just printed a parcel of Blank Indict- meuts for trading with Slaves. Give us a call. HOLMES & BAYNE. (-We invite the attention of all who desire a chance tor a 1 OKTLNL to the follow ing. MAGNIFICENT SCHEMES. 4 prizes of 825,000 amounting to $:00300(j, for 25th September : and S0,UUU, $30,000, $5,000, for 23d OCTOBER. J G GREG()RY,"& CO., Managers. VIRGINIA LEESBURG LOTTERY, Extra Class No. 23, for 1841. To be determined by the drawing of the UNION LOTTERY, Class N. 8, 1841, to be drawn at Alexandria, D. C. on Saturday, 25th Sep tember, 1841. BRILLIANT SCHEME. t Prize of - - $25,000 " - 25,000 " - - - 25,000 " - - - 25,000 - - 10,000 " - 8,000 " - - - 6,000 " - 5,153 2 - - 4,000 4 - - 2,000 50 " - 1,000 50 - 500 50 " - 250 100 . - - - V 200 14 Drawn Numbers out 78. Tickets SlSHalves T SO-Quarters 3 15 Ei.trht.hs 1 T. Certificates of packages of 26 whole tickets $200 uo s. - do 2b Halt do IOU Do do 26 Q.urt'r. do 50 Do do 26 Eighths do 25 $30,000 $25,000. VIRGINIA MONONGALIA LOTTERY. Extra Class No. 25, for 1841. To be determined by the drawing of the UNION JLAJ1 Tfctt Y, Class No. 9 for 1841, to be drawn at Alexandria, D. C. on Saturday, Octo ber 23d, 1S41. 1 6 Mraicn Ballots. MAGNIFICENT SCHEME. ONE GRAND CAPITAL PRIZE of $50,000 1 " - - - 30,000 " ... 25,000 - - 10,000 " - - 8,000 " ... 7,000 - 6,000 " - - 5,000 - 4,000 " - - - , 2,500 - - 2,311 4 ... 2,000 5. - 1,750 10 - 1,500 10 " ... 1,250 50 - - - 1,000 50 " - 500 50 " ... 400 100 " - 300 100 " - 250 170 - - 200 16 Drawn Numbers out of 78. Tickets $20 Halves $10-Q.ut's $5-Eighlhs&2 50. Ceitificates of packages of 26 whole tickets $260 Do do 26 Half do 130 Do do 26Q.urt'r do 65 Do . do 26 Eighths do 32 50 tCp'Orders for tickets and shares and certificafrs of packages in the above splendid schemes will re ceive the most prompt attention, and the drawing of each lottery will be eent immediately after it is over, to all who order from us, Address J. G. GREGORY, & CO. Managers. Richmond, Va. Mhuik "Warrants State and Civil, with and without judgments, just printed and for sale at the Carolinian Office, where all kinds of Blanks arc kept for sale. Will our friends give us a call ? " NOTICE. TAKEN up and committed to the Jail ol Cumberland coun ty, on 21st. inst., a negro man, who says his name is MORIUS and s avs he belongs to JOHN H. PEA RSON.of Newberry District, S. C, and that he runaway from the residence of Andrew Wallace, of Columbia. S. C. Said ne?ro had on when taken up, a pair of black ribbed cas simere pantaloons, a snuff colored sattinet dress coat ; he is supposed to be about 19 or 20 years of age, brown, or copper-coloreo, large teeth, hve teet three inches high. The o ner is requested to come forward, prove property, pay charges, and take him away, or he will be dealt with, according to law. " W. L.CALUAS,Jador. Fayetteville, N C. July 24th 1841. 12G-tf JYUTV ESTABLISHMENT. SADDLE AND HARNESS MAKING. THE Subscriber begs leave to inform the public, that he has commenced the above business on Market Square, next door to Mr Jame3 R. Gee's, where he will kefp constantly on hand and for sale, Carriage, Barouche Sulky, Carryall, and Wagon SADDLES, of every quality and price, TRUNKS AND WHIPS. In short, every article usually found in a Saddler's Shop. Persons wishing to buy, would do-well to call and examine his work before purchasing else where, as he is determined to sell VERY LOW FOR CASH, or on the usual time to punctual cus tomers. He hopes by strict attention to bis busi ness, to merit a portion of public patronage. fCT REPAIRING of every description in his line promptly attended to, and moderate charges made. J. 5. RABOTEAU. Sept. 29, 1841. 136-3ia. MRS. HAWLEY WILL open her School on the second Monday in October, (the 11th,) in the Long Room of the building now occupied by Mrs. Brown, on the corner of Mumford and Gillespie streets. ' September 28, 1841. 1S6-U EXECUTED WITH DESPATCH NEW FIRM. fTTIHE Subscribers have connected themselves in U- the Mercantile Business, under the firm of i;, u. b. ATKIXS. They intend keep ing a large and general assortment of Merchandise, at wholesale and retail. They will be found at the oia oiana oi u. B. Atkins, where they wish to see their friends and customers. - JOHN C. ATKINS, G. B. ATKINS. Fayetteville, Sept. 25, 1S41. 136-tf. ; NEW GOODS. THE Subscribers are now receiving bv the late arrivals from the North, their FALL AND WINTER SUPPLY OF MERCHANDIZE, con sisting of a large and general assortment of DBYGOOD. HARDWARE AND CUTLERY, Hats arid Shoes, Bonnets, and Um brellas, Foolscap and Letter Pa per, Drugs, and Medicines, Paints and Dye Stuffs, Sad dles, Bridles, &c. &e. CROCKERY AND GLASS WARE, Blacksmith's Tools, Hollow Ware, $c. $c. Also, a large assortment of GROCERIES Of all kinds ; all of which will be sold at the lowest prices for Cash, Back-country Produce, or on credit for approved notes. The Stock is very heavy, and worthy the attention of Country Merchants and tho public in general. J.C.&G. B.ATKINS. Foot of Haymount. Fayetteville, Sept. 25, 1841 . 136-y. REMOVAL. THE Subscriber has removed from his old Stand, foot of Haymount, and has taken the house formeily occupied by Mr J. M. Beasley as a Jewelry Store, where he would be glad to serve his old cus tomers, and others disposed to patronize him. He will execute all orders in a workmanlike manner, or no charge will be made. Send your Boots and Shoes. They shall be re paired with neatness and despatch. THOS. J. JOHNSON Sept. 28, 1841. 136-3t. w OULD respectfully in form his friends and the Public generally, that he still continues to carry on the TIN & SHEET IRON WARE MANUFAC TORY, at his old Stand, on Gillesoic street, a few doors South of the Market House. AH orders thankfully received and promptly at tended to. October 2, 18-41' l36-6m. . Petition for partition of Lands. State of North-Carolina, MOORE COUNTY. . Court of Pleas and Quarter Sessions,- Jlii gust Term, 1841. Cornelius Dunlap, vs. James Dunlap & others ST appearing to the satisfaction of the Court, that John McCriuimon and wife Sarah, Jacob Cagle and wife Margaret, William Lewis and wife Ann, John Phillips, Mary Phillips, Matthew Deaton and wife Sarah, Nathan Wallas and wife Mary, Martha McCrimmon, and John McOrimmon, defendants in this case, are not inhabitants of this Slate, it is :here fore ordered: That publication be made in the North Carolinian for six weeks, notifying said defendants to appear at the next Court of Pleas and Cuarter Sessions to be held for said county, at fhe Court House in Carthage, on the third M onday in Novem ber next, and plead, answer, or demur to said" pe titiort, or the same will be taken pro confesso as to them, and heard accordingly. Witness, Alexander C. Curry, Clerk of our said Court, at office, in Carthage, the third Monday in August, A. D. 1841, -and of American Indepen dence the sixty-sixth. 136-6t A. C. CURRY, Clerk. Emigration to Liberia The plan proposed ia the laf t number of the Repository, for the emigration of an indepen dent company to Liberia is a most happy one. If the friends of Colonization would take the pains to present the subject to free colored men ot intelligence, enterprise and means, there is little doubt that a large num ber would engage in such an enterprise. Men of this description have many induce ments to remove to a country where they may be free indeed, in every sense of the word; where they may make and administer their own laws, and be their own governors, beyond the reach of that prejudice of education which must ever attach to them in this country. To those who have means to commence with in Liberia, the inducements are adequate to the greatest enterprise; for, while the poor est are enabled to assume a position which they could never attain in this country, those with a little property can soon make themselves independent. Those who have children will hnd the means to educate them in the schools already established. - Mechanics will find am ple employmeut for their labor, aud the soil, yielding three crops a year, will ensure a com petence, and a sure reward to those who cul tivate it; while the numerous vessels touching af the ports of Liberia for supplies, will always furnish a ready market for all surplus produce, giving in return, money or the necessaries of life. Men going out with means will be aid ed ID making investments in such articles as are required, and that will yield a profit. The disposition to emigrate, now spreading among the free colored people of' the United States, promises a speedy settlement of the country; and it is only necessary to point to the results of emigration from our eastern to fhe western states, to show how much may be effected in a few years by emigrating to Li beria. Great privations and exertions are to be endured in the first settlement of any country. A ready example is found in the western country, which now contains its thronging millions of happy, intelligent and wealthy cit izens. The more recent settlers listen with incredulity to the stories of fifteen years ago, 'told, and enlarged at every telling," of the sickness, sufferings and privations of the "first settlers of the West." Those whose hard ships were formerly commiserated by their "eastern friends," are now surrotinded by wealth and luxury, the result of their own In dustry. So it will be with Liberia. Terrible accounts have been circulated of "sickness and famine;" but the time will come when the emigrants to that country will look back with pity and amazement upon the idle fears, and want of enterprise, in those who remain to be servants of servants, instead of emigrating at once to a country where they may take a po sition aniong the nations of the earth, and, forming their own institutions and Govern ment, show to the world that their race is ca pable of appreciating and enjoying civil liber ty and its blessings a country where a field is open for emulation m literature, the arts and sciences, and where the social virtues and pleasures may be inculcated and handed down to posterity. It has been often urged that the colored man is incapable of self-government. This may be true of the mass,- but there are some very capable men in the country, and on them de volves the responsibility of giving a piopcr turn to the views of the many.. The present proposition affords an opportunity, for such as are capable, of collecting their brethren togeth er, or superintending their emigration audset tlement in a future, permanent and free borne', and when settled, of being their advisers in the Colony, and representatives in their legis lature. It cannot be expected that any one now, however intelligent, can take his whole people from the country at once but mere are a great many individuals who can collect around them a hundred ot more to form a township or colony in Liberia; and if they neglecfto do so, when such inducements are presented as the present, they must cottsenlto remain under the charges heaped upon them of imbecility and want of enterprise. xnuiviauats, iamiues, or societies or any number; can always obtain information as to emigration, and can be attached to colonies or societies already formed, and emigrate with them, by applying by letter to the Colonization Society. Letters must be' directed to Judge Wilkeson, Colonizatiom Rooms, Washington City, D. C. Political. From the Philadelphia Public Ledger. A National Bank No man in this country would desire the establishment of a great political engine of mis tuna, ii ne am not nrmiiy believe that it would establish a currency of uniform value for the whole United States. Before ventur ing upon an expedient, which is at leasfof doubtful constitutionality, every man who casts? his vote for it, owes it to his country to satisfy himself fully that such an institution cannot fail to answer the purposes for which it is to be created. If its issues of paper money be unrestricted, then we have no securily against the old system of expansion and contraction. If the State Banks are to continue in the old system of paper money making, the action of the Government Bank must be equally in ope ration. Its power, against the united phalanx of State Banks which would oppose it, vi et artnis, would be as a rush-light to the sun. They would collect her notes and withdraw them from circulation. Something of this ef fect, though not exactly analagous in the cause, is seen in the case of the Treasury notes.- The necessary consequence would be that to avoid a war which Would ruin hr means of making profit, she would, like her predecessor, make common cause with them, and then would be re-enacted all the scenes which similar causes have produced and al ways will create. I am sure that it Would gratify the readers of the Ledger if some advocate of -the propos ed bank woufd show concisely how, and by what process,- such an institution CQuid suc ceed in regulating the State Banks and their issues What ivould h do with such a cur rency as the new Pennsylvania State Bank Bills, "according to the act of Assembly?" I would propose tbb question as problem the first. There is only one Way that a paper curren cy can be furnished of uniform and of known value, which shall at the same time satisfy the popular fancy for large nominal prices ithe big fignre." There mu"st be but one bank is. sue, say a National Bank. By depositing with ber a certain amount of specie, any bank or individual shall be entitled to receive a certain increased nominal amount in bank n6tes. As gold and sil ver are the only con stitutional currency, can there be any objec tion to making.a fixed limit to the amoJmt of notes to be manufactured out of every real dollar: and of letting this proportion be as ful ly and as widely known as possible? To ef fect this what honest objection can he urged against the insertion of this proportion of le gal expansion upon the face of the note? would it be too plain? Would it remove all the mystery which prevents the honest farmers of this republic from clearly seeing the truth? If we take ten nominal dollars as the amount which the popular love for the big figure de sires should be manufactured from paper for every real dollar we possess, how would it an swer fo make the notes read thus: The National Bank of the United States promises to pay the bearer, on demand, Ten Dollars, "according to the act of Congress' or One Dollar ir gold or stiver corn, being the basts upon which this bill is issued. A. HUMBUG, Cashier. .To meet the prevailing weakness as much as possible, the ten dollar promise the fiction -may be in large letters, and the frfcvatt the reality may be in Very small lexers, as ip pur State notes. I J I kridw you will say, "this would be expos ing the truth rather awkwardry. If you re move the delusion in thai rayV the 'big figure' would lose its charm." I know it would; and I introduce the idea to expose the real nature and value of the currency which we have now, and which we have had for some years past. It differed only in? 'the concealment of its real value in coin; by the large and unqualified pro mise on the faceof the notes; and thus tho honest industry of the country has blindly sub mitted to a heavy fax, by paying to the Banks interest on the fictitious amount of their notes; instead of on &eir real value. This is what they have been cheated into the belief was a necessary stimulant to industry, instead of a tax upon production, to enrich a favorite class of bankers. One essential advantage would be gained by the national notes I have described. Fori eiffn eoods could not, as before, be pushed into our marker, wnen, oy aauneraung our l - currency, we innatea ine nominal The importer could not, as formerly, present a small share of our notes for redemption, and receive in payment nearly our whole stock of .i t .t j.4r specie me oasts upon wiiicu uiu eumcui uui circulation was issued and leaving our own people with nothing but certificates of the in solvency of our Banks; and upon these, too, instead of receiving, actually paying interest to the hankers for these evidences of. their bankruptcy. Exchange. -t have said nothing of the util ity of a National Bank in regulating the ex changes. This power is claimed for such an institution by many who dissent from the opin ion that it can regulate the currency. The currency and the exchanges are supposed, by many unthinking persons, to be necessarily connected. That the regulation Of 6nfe ar ranges the other. That tho necessity and the power of a regulator to control tho one, in volves the necessity and the power of a regu lator of the other. Nothing can be more er roneous. If our currency were exclusively specie, oar Philadelphia merchants might buy from New York more goods than they could pay for at maturity. Their notes Or drafts drawn against them, would be . greater in amount than would be required to meet New York engagements in our city; this woalrl Cause them to be sold af a discount Ex change would, therefore, be against ds, till wO reduced our purchases to Our means of pay ment, f low can any machine control you and Trie in out purchases, or keep exchange at par between any i WO States, when one has bought more' than it can pay for? The thing is impossible. The only effect of such an at tempt Would be to Conceal for a time from1 both parties', (buyer and setter) the error they commit against the natural Jaws of trade, and to prevent the speedy application of the only regulator retrenchment. This wholesome and unerring regulator shows us, at this moment, by the rise of ex change on Europe, that we are buying too much, and we are instantly warned of our dan- ger. As tne "governor ' rn tne steam engine rndicates the maximum pressure which the boiler can safely bear, so does the table of ex change inform the merchant when fhe point of safety is reached in every direction If there existed no W any patent Contrivance' (as the U. S. Bank) to throw a cloak over this "gov ernor," to keep down the natural rise Of ex change, by any borrowing or kiting scheme, and it is only by such means it can be done, even temporarily, We should be deceived info further indebtedness, until we effected out ruin. This is what has been the exact effect of reg ulating the. exchanges, as it is called; and to' if may be ascribed the ruinous credit system which has broken up most of the merchants in this country. Preserve us from any patent National regulator of exchanges! Out busi ness is returning fast to a healthy condition. People buy only what they -want and can pay for and this is the most profitable business in the end for buyer and seller. Let us con sider well before We disturb it, and produce a return of the system which h46 mined us. When we bought and sold more than could, be paid for. It made a livelier show then, but now pay day is here, how dearly we" feel that We have paid for the gratification. ANTHRAX, 'the Wnlg Candidate; Henry Clay though ali bis life playing a1 game of expedients and clap-trap, and ever on the watch, not for truth, but for the' direction Of the popular currents, is always faking the tide too late cr too soon. In his confusion under the Vetoes he has had himself announced as the Whig candidate too S6on. The Concoc tors of the Kennedy manifesto would have held him back a while had they acted from cool reflection and not under the exasperation of defeat, disappointment and revenge. To nominate him now. is a false move, which must drive from their heterogeneous ranks many of the friends of other aspirants, many of the eastern Whigs who' prefer Webster many in Pennsylvania and New York to whom he Was always distastefuVmany of the ultra divisions of the Anfi-Sfavefy rnen fo whom he is odious as a Cofonizatronisf, all of whom might have been held fogetber, how ever loosely, a little longer under the general, name of VVhig, but who will lay down their arms and disperse ndw that they are premature-) ly fold that they must fight for . hira alone. Those who foiled him af Ifarrisburg will d"e-' serf the. Whig bauner, now that bis name re upon it, and those friends of Harrison who with his friend Brent, remember Harrison's

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