Newspapers / The North Carolinian (Wilson, … / Jan. 27, 1844, edition 1 / Page 2
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28tli Congress 1st Session. IN SENATE. WeJuesday, Jan. 17. Several memorials on the subject of the reduction of postage, wera presented. Sir Merrick said the Com mittee were diiigeutly prepariug for a report upon this subject. Mr Won. R. King hoped that Ihe Committee would either recommend the total abolition of the franking privilcge5 or restrict it to reasonable bounds, as its abuse " . his become too glaring and burdensome lo be lunger permitted. Mr Merrick observed that tli gieaiust, nbj.15e.vvaH. to be found among the 15,000 postmasters hi the country ; they eveu fra a k their - love-letters . (that is, we suppose, the bachelor part of them.) Some debate occurred on a bill to improve "the navigation of the Fox and Wisconsin rivers.. On motion oi Jif nay woou iue pas sage of the bill was postponed one day. Thursday, Jau. IS. To-day a discussion arose on the bili some time since introduced "by Mr McDuffie, to reduce the taiilT. Tho till tad been referred to- the finance Com mittee, and that Committee raised the ques tion whether the Senate was competent, under tbe-Constiiution, to art upon the subject ; the Committee and the whig Senators, generally, arguing that it was a bill to raise revenue, and the friends of the bill arguing that it wes a bill to reduce nn existing tariffouly, aud not a tariff bill. After several speeches had been made, the Senate adjourned, to enable Mr McDuffie to prepare f r a defence of his bill to-morrow. Friday, Jan. 19. The bill appropriating a quantity of laud to the purpose of improving Fox and Wisconsin rivers was perfected and made ready for a third reading. The bill to reduce the present tariff was the-.) taken op, when Mr McDuffie addressed ihe Senate for about three hours. We ex tract a few of his remarks as reported by the Globe : It had not been mora than twenty years Info !k hnrt !n!cfi hi sent in the other branch fitTonifrM!: and. liurinsr thiit w hole period, while he remained a member of the House, he could conscientiously say that he had never contemplated this Government but with the most indescribable feelings ; far, as God was his judge, he could solemnly declare, that in all thai periodnearly a quarter of a century he had never known the Government to net townrds South Carolina in any other way than wi;h the most iniquitous oppression, day and ni 'ht. He had looked and hoped for a day of redemption not that he expected any " benefits for that Str.te from the operations oi this Government. All that he had struggled to obtain was, that it would leave them alone to enjoy, in peace and quietness, the produc tions of their own industry. He hid never felt any interest whatever in any other ques tion than this great question of the tai iff, which involved the interests of the whole country. lie would surrender all he had en deavored to maintain, if his constituent:) could be restored to their long-lost prosperity. This miserable struggle for power tho struggle for the Presidency which was keeping the whole country in agitation, and absorbing every other question of national policy, he had look ed upon in all its bearings with loathiog and contempt, compared with this great question. When the compromise, act was passed, he was disposed to say, in the language of the Psalmi-st, " Lord let thy servant now depart in peace " Ho wis satisfied, and retired f-o-n the councils of this nation, disgusted with alt he had seen. He retired with the " hope of spending the rest ofhisday3 in peace; but he had consented to come here again, for no other purpose than to have some participa tion iu this question ; and the moment just legislation upon it should be refused, he would shake the dust from his feet and leave this capiiol forever. What might be the final re suit of this discussion he could not pretend to sy ; but he would admonish gentlemen that they all had as much interest in the settlement of this question as he had. Things might change, and the day might come, when they (the gontlemen) would lose their control in tin's chamber. The spirit of the West had been aroused, and he undertook to predict tint, within five years from this time, She States of the West, almost exclusively agiicul tural, would be as united on this question as the States of tho South. lie admonished thoso ..ho ic-presented the manufacturing interests, that they stood upon a sandy foundation. Their system was a gi r antic monster ; it was a monster in legisla iioo ; it was a monster of injustice; and it was only necessary to uuveil this ungodiy idolatry, aud the hideousness of its features would cause evtry one to shrink from it with hon or and disgust. lie had attempted to per form this office. He had humbly attempted to tear offthe veil aud expose the monster. He had done his duty and the rest he left to Uod. The Seuale went into executive session, having first resolved, ou rising, to adjourn over until Monday next. Monday, Jan. 22. Mr Merrick intro duced a bill "to reduce the rates of postage, to limit the use, and correct the abuse, of the franking privilege, aud to prevent frauds upon the revenue of Ihe Post Office Department." Mr Merrick said in relation to the bill : 'That while he was up, a3 this svas a sub ject just now exciting some interest in the Senate, and in the country, he would briefly M !'o whit were the general features of the bill. 'I'm: first and leading feature (said Mr M.) is a large reduction of all the rates of postage charged under the existing laws, viz: I pro-p-iso by i'uis bill that there shall be charged in future upou all letters in manuscript, not ex ceeding one-half of an ounce iu weight, five cents for transporting them any distance, not mora than one hundred miles, and ten cents for all greater distances; and double those rates for letters exceeding half an ounce iu weight, and not exceeding three-quarters of an ounce ; and forftil letters exceeding three quarters of an ounce in weight, and not ex ceeding one ounce, treble thoso rales, and so on. It is further proposed to alter the rates of newspaper postage, so as to allow all of them, under a certain reasonable size, to circulate free of all charge for postage within the comi ty where printed, and to-be charged with one half ceut for being conveyed by mail, less than a hundred miles, and beyond the limits of the county in which printed ; and one cent for any greater distance; and imposing addi tional burdens upon those excessively large sheets which oi late have so greatly incumber ed the mails. By auolher provision of the bill, the mode of charging postage upon pam phlets, magazines, and other printed matter, is proposed to be altered, and the charge to be made in future upon all such matter by weight, instead of by the sheet; and the old rates are proposed to be considerably reduced. So much for rates of postage. The bill also pro poses to abolish the franking privilege as it now exists, and in place thereof to require all the postage on correspondence ou government account to be paid out of the contingent funds of the several bureaus and departments pro perly chargeable therewith; aud to allow members of Congress, as a privilege which it could not be proper to take from their con stituents, to receive all letters, petitions, me morials, &.c, which their constituents may be pleased to send them, free of postage; and also to cause them to be furnished by the Tost Office Department with a certaiu specified and limited number of free stamps or envel ops, by which means all abuses of the nature now complained of wiH be certainly and effec tually prevented, and ihe freedom of inter communication between the members and their constituents will be preserved for all beneficial purposes. An effort is also made, in addition to the persuasive effect of the great reduction of the rates of charges, to put an end, by suitable penal enactments, to the great and alarming frauds upon the legitimate reve nues of the Post Office Department, now so frequently perpetrated by the private expres ses established upon all, or almost ail, the most productivo of the post-routes in the country. This is indispensably necessary, or the revenues will continue to dimiuish un til the establi-hmeut will become an annual burden upou the general treasury, too heavy to be boi iie.'' " Mr McDuffie's bill to reduce the present tariff then came up, and Mr Evans, (chairman of the Finance, who had reported a resolution to postpone indefinitely the whole subject) addressed the Senate about two hours in an swer to Mr McDuffie. Mr Evans said : "The first topic of that Senator's remaiks he should address himself to, was that of the exceeding injustice of levying the whole of the revenue fur the general government on imposts a thing which the Senator asserted was done by no other government in the civil ized world. He (Mr E.) insisted that no parallel could be drawn between this govern ment and thut of England, or the other coun tries mentioned by the Senator ; because the people of this country have to support two governments tnen general government and their State governments. The one derived its revenue from customs, and the other from excise; but, if both these' revenues wore put together, it would be found that tho duties ou imports, collected by the genera! government, would bear about the same proportion to the whole amount of taxes paid by the people to the State governments and general govern ment, which the duties on imports in Eng land bear to the whole of the taxation of Eng land. The next argument of the Senator from South Carolina was, that the law of 1S42 did uot impose a tariff for revenue, but for protection ; iu support of which he took the effect on each article subject to duty, separate ly considered. This he (Mr Evans) denied to be tho fair way, of considering the subject. Some of the articles affected, or partially pro hibited, were of such trivial amount, that they wouid. in any case, form but an inconsidera ble item for revenue. The law should be taken as a whole. Its general effect was to be considered. Now he (Mr E.) insisted that the general effect of the tariff law of 1842 was to increase revenue, to bring more reve nue into the treasury, than any lower rate of duty would produce. It did this by encourag ing American industry, aud giving to Ameri can citizens the ability and means of becorn ing consumers of importations thereby aug menting the revenue. In support of this, he (Mr E.) referred to the treasury reports, from which he deduced, that, as the prosperity of the country was increasing since the law was passed in 1S42, imports were increasing in trie same ratio.; He went into a variety of statistical details to show that imports are in creasing, aud that the revenue from customs is increasing; so that, instead of a deficiency of two million at the end of the fiscal year, in June, 1844, as supposed by the Secretary of the Treasury, there would be, from the in crease of customs beyond the estimate?, a sur plus. He anticipated that the revenue from customs of the fiscal year would be twenty three millions, instead of twenty millions esti mated by the Secretary of the Treasury. He had had letters trom the best informed mer chants and importers of New York, thit the customs of the fiscal year would actually a mount to twenty-five or twenty-six millions ; but he was not himself so sanguine he thought twenty-three millions would be real ized. And he a-gued from the disposition of the other House that the appropriations this year would, not exceed sixteen millions it was clear that there would be a surplus in the treasury; and, therefore, instead of ruiued commerce and a bankrupt treasury, the coun try would be found rapidly advancing in pros perity, the imports increasing as the means of the people increased their ability for consump tion, and the treasury would be so abundant ly supplied, that it might be expected the por tion of the public debt falling due would be met promptly and without embarrassment." Tuesday, Jan. 23. Mr Evans again spoke three hours to-day, in reply to Mr McDuffie. He vindicated the present tariff, as being as good as any that could be formed. Tho Massachusetts resolution proposing amendment to the Constitution abolishing the 3 N OBTH slave representation, was presented to the Senate, and laid upon the table. A motion to print it was rejected. IN THE HOUSE. Wednesday, Jan. 17. The subject of ap ptopriatiug money for snag boats in the Mis sissippi river engaged a large portion of the time of the House to-day. The debate would be of no interest to the people of this section. Thursday, Jan. IS. The old subject of the report of the Committee on Rules occupied the House one hour to-day. The subject of referring that part of the President's Message relating to the improvement of the Western rivers, was iaiteii up m vuiiiiimc Whole, aud debated until adjournment; or rather, we should say, a debate on tho politi cal topics connected with the Piesideney. Friday, Jan. 19. The old subject of the Report of the Committee on Rules was agaiu on the carpet to-day. Mr Saunders made a talk on the subject, in f-vor of sustaining the 21st rule. , Mr Duncan introduced a bill to establish one uuiform time for holding the elections I for members of Congress, and elector-- for i President and Vice President of the U. States. The House then went into Committee of the Whole, under the plea of discussing the improvement of the Western rivers, but the debate took a much wider range. Saturday, Jan. 20. The subject of referr ing certain portions of the President's mes sage to appropriate committees was debated aud disposed of finally to-day. Monday, Jan. 22. The committee on elections were some time since, instructed to report to the House, whether those members elected by general ticket, held their seats in Congress legally, or not ; and to-day, Mr Douglass, from that Committee, made a re port, closing with two resolutions, tho first, pronouncing the law of Congress compelling the States to elect by district, to be unconsti tutional aud inoperative; and the second re solution pronouncing that all the members of the House were elected according to the Con stitution, and are entitled to their seats. The minority of the committee were granted leave to make a counter report. Mr Gidding offered a petition praying that no U. S. Officer should assist in the capture of a fugitive slave. This caused some dis cussion, the Speaker having decided it did not come within the 2lst rule: At last the plaiu question was put, "shall it be received? and it was not received by one vote, Mr Cling man voting to receive it. Mr G iddings presented a petition from some one in New Y'ork praying that if Texas were annexed to the Utiion, that New Yosk might be attached to Canada, but it was not received. Tuesday, Jan. 23. Mr C. J. Ingersoll, from the Committee on Foreign Affairs, lo which had been referred the resolution of Mr Owen of Indiana, requesting tho President of the United States to give the 12 months' notice to Great Britaiu required by the con vention with that Government iu relation to the joint occupancy of the Oregon Territory, reported that, in the opinion of the committee, it is not expedient for Congress at this time, to act in any Manner on the subject. Mr Owen then addressed the House in opposi tion to said report. The next business taken up was the report of the select committee on the rules, when Mr Saunders of Notth Caro lina concluded his remarks iu favor ol letain in the 2 1st rule, and was followed by Mr Winthrop, who spoke in opposition to it up to the expiration of the morning hour. With the-exceplioti of a few petitions and resolu tions, which were appropi itely referred, no other business was transacted by ihe House. From tlio Globe. THE SOLEMN LEAGUE AND COVE NANT. Yesterday's Globe quoted the Boston Cou rier's notification to Mr Webster's faithful in Massachusetts, bruiting the reconciliation and coalition among the "same old Coons" who quarrelled over the spoils won far Fede ralism, by foreigu means and home bred frauds, in 1340. It seems thai the parties to this renewed holy alliance, to supplant hon est public opinion in the control of national affairs, by foul aud fraudulent management, have considered it very important that the several clans they set up to control should be informed speedily of the changed attitude ta ken by these self-sufficient leaders. The glad tidings are thus trumpeted iu tho Com mercial : P. S. There has been a gathering heie at a private house, under Clay auspices, of all the disaffected or estranged whigs of high note, whereat it was agreed on all hands lo go strongly, warmly, unitedly, for the election of Henry Clay. Mr Webster was a party, and so was Mr Rives. Bennett, it seems, has had the mot circum stantial account of the grand council of the late hostile, now fraternizing, confederates. The Herald's notes, which are written in too much haste for amplification, most surely, we have no doubt, touch the grounds of interest on which the new understanding is founded. Says the Herald's herald : "W. C. Rives will support Clay may be come a pet with Clay will hope for a high place with Clay will seek to succeed Clay in the Presidency. There will be no breach between Tyler and Rives. Mr Webster will support Clay fully, in the hope to succeed hi.n. A day or two since, Mangum, President of the Senate, invited Webster to dinner, and Botts, too the three did dine together. Thus Clay holds out Man gum, as his right hand, to Webster, which Webster embraces; aud you can judge for yourself whether or no Webster has hold of Tyler with his left hand. Have you ever heard of any breach between Tyler and Web ster !" Coinage at the Mint We understand that the Coinage at the Branch Mint at Char lotte the past year amounted to over $287,000 being oyer $130,000 more than has been coined in any one year since the establish ment of the mint. Jtfcck. Jeff. CAROHWAN NORTH-CAROLINIAN. Wm. II. Bayne, KtHtor ana Proprietor. FJM Y'ETTEYML. JLE: Saturday Morning, January 2 7,1 814 DEMOCRATIC TICKET. FOR GOVERNOR: MICHAEL HOKE, Of Lincoln County. MARKET. Cotton has come in freely this week, and sold readily at $8 and $3 75 per 100 lbs. On yesterday morning a large quantity was in, and hc bitter quotation was the highest point we heard of for prime article. Corn is a little scarce, and will bring 50 to 55 cts". per bushel. Pork remains about the -amo, 4 lo 41 cts. io other change to note. We yesterday received late news from Europe, to which refer the rrailer for information in re lation to prices of cotton there. 3- Those who send us marriages for pub lication, without a responsible name attached as a voucher for their correctness, need not be surprised if they find them not published. We have been tricked often enough, and have cutout eye-teeth on that subject. DQ- Under the head of "Whiggery and ! Abolitionism," we last week published part of a certificate of two persons at Oberlin, who certified that Mr Giddings tried to make the impression that a certain letter containing abolition sentiments, which he read at a pub lic meeting, was from Henry Clay. Mr Giddings has since published an art'ele in Ihe Globe, in which he implicates the character of one of the witnesses, Ihe Rev. II. C. Taylor, whom he says has been guilty of all sorts of enormities, aud is now iu the penitentiary. This may all be so, but the object of our ar ticle was principally to call the attention of southern whigs to words which we placed iu capitals, to wit: "Mr Giddings strongly urged the members of the libeity party to vote the whig ticket and frequently asserted THAT THE WHIGS WERE DOING MORE FOR THE ABOLITION OF SLAVERY THAN THE LIBERTY MEN WERE." This is the material part of the matter ; all the rest is mere "leather and prunella ;" as it mat ters but little which of the Clays the letter was from. Now if Mr Giddings has any where 4i dis proved" his utterance of the above words, we a ill give ihe whig party the benefit of it. LECTURE ON C II IN A. M r Cotton delivered a Lecture before the Fayetteville Library Institute, on Tuesday evening last, agreeably to advei lisement. The Lecturer chose ihe subject of China parsing iu re view its geographical position, iis government, productions, trade, face of the country, reli gion, Sic. The weather was very unfavor able, notwithstanding ihi re was a very good attendance. The Lecturer made a rapid and condensed statement of facts, illustrating his remaiks upon two maps, one of which he prepared for the purpose. He represented the face of the country as fiat aud marshy iu some places, particularly in the noith, between Pekin the capital, and tho Ho-hang-ho or yellow stone river, where rice is cultivated extensively, the inhabitants having by extraordinary industry dtained the lauds sufficiently for that purpose; the lands being subject to inundations, which sometimes destroy thousands of inhabitants. In the mountainous pails, the tea plant is raised; and iu the centie ami southern pails, the mulberry tiee grows and siik is manufac tured. He represented the Government as pan iarchai ; and in connection with this part of ihe subject, ho mentioned that flogging was the ruling mode of punishment that every body was flogged, from the Emperor's prime minister down to the lowest. The idea of floggiug a piime minister as you would a school-boy, tickled the audience considerably i The population of China, which has long been a matter of dispute, ho remaiked had been pretty well ascertained to be three hundred and sixty-three millions six hundred thousand, being about two hundred and eighty inhabi tants to the square mile. China has a large floating population persons who live upon the rivers entirely in boats, and have their fa milies there, and who never go on land ex cept for purposes of trade. These live on fish, principally. It has been said (though it was not mentioned by the lecturer) that the Chinese destroy their children, after a family have as many as they can support, and that i they are driven to this from a necessity of keeping down the immense population, which cannot be thinned by emigration, as the laws of Ihe country prohibit their leaving except for a fixed length of lime. He did not believe the Chinese bad auy definite religion, but ra ther a code of morals or system of philosophy, founded upon the works of Confucius, who wrote many years before Christ. The lecturer somewhat enlarged upon the tea phut, and closed by giving his view of the late difficulty between England &. China, generally denominated the opium war, in which he holds England to be justifiable. He was aware, be said, that upon that point, he differed from a large portion of his hearers, and indeed in some of his later readings his own mind had undergone some change in that regard, though still the same in the main. The compauy, we believe, were well pleas ed, and the gentlemen of the Institute feel under many obligations to the gentleman for his highly creditable effort. We may next week remark upon the peculiar beueliu of lectures, especially to young persons. Cs3- It is said that about Lake Superior the earth's magnetical attraction is greater than at any other point. We copied last week from the Wilmington Chronicle, the notice of the invention, by a gentleman of this place, of an apparatus for draining the sunk rice-lands near Wilming ton; and our attention having been thus, for the first time, drawn to ihe subject, we were induced to enquire into it. A large body of these lands, it appears, after having been for a long time successfully and profitably culti vated, are now settled so much as to make it impossible to procure the necessary off-drain-a'e through the efflux of the tide. The ob ject of this invention is to effect the displace ment of the surplus water by means of a tide wheel driving an Archimedean Screw-pump, of sufficient capacity to free the lands of an excess of water whenever their culture may require it. Iu this, we believe, the inventor has been happily successful. The wheei, which is driven by the tide, is so arranged in the contrivance, that whether the tide is ebb ing or flowing, its rotation is always in the same direction, thus keeping the pump con stantly in operation as long as the tide has sufficient force to give it impetus. It runs equally well whether wholly immersed or not,its velocity being in proportion to the extent of its immersion, and greatest, of course, when wholly immersed the rising and falling of the tide, therefore, will present no obstacle in the way of its performance. It is supposed that when the tide has a velocity equal to from two to two and a half miles per hour, from CO to one hundred hogsheads of water will be discharged through a six-inch pump withiu tho same time. We have seen the model of this machineiy, which presents an exceedingly ingenious at rangement. Those who have witnessed ex pel iments with it in some of the neighboring streams, aud in the river, entertain no doubt of its capacity to accomplish tho object fur which it is intended. It is obvious that the machinery tray be otherwise advantageously employed being especially useful iu large streams where dams arc impracticable, and wheie, being dependant for its power ou the current alone, floods would only iucrease it in back or still-water, of course, it would be inert. Iu looking over the documents transmitted to Congress with ihe President's recent an nual Message, our attention was attracted to a Report from Capt. G. W. Hughes, of the U. S. Corps of Topographical Engineers, up on the system and modus operandi ofdiaiuing the low-hinds of Holland, its cost, &c. While perusing this lucid and very able paper, it struck us that if it were possible to adapt the in vention of our fellow-citizen to the purposes of drainage in Holland, its simple arrange ment, its littie liability to disorder, extreme dionpness ol construction ami erntiiii, StC, would make its utility so apparent to the Dutch engineers, as to induce then: to abandon, in coiiJiiientiv, their present cumbrous, expen sive and insufficient system, of double tiers of wind-mills, and substitute this iu their stead. But of this we have no means of judging. To the citizens of many parts of our country the subject of drainage is one oi vast importance, and to these we would re commend a careful perusal of Capt. Hughes" report as being full of well-digested and vcv useful information in relation thereto. SENATOR RIVES. W hen the iumor first started, that this gentleman intended de claring for Mr Clay, the I.ynchbuig Republi can aud Charlottesville Jeffersonian, papers published in his ueighboihood, both said that " Mr Rives could not, under any c ircum stance?, support Mr Clay." And said "un der undoubted authority, we say Mr Clay must change his opinions fundamentally and tola!!, before he can receive the vote of Mr Rives.'' The reason given by the Enquirer, why these two papers spoke so confidently of Mr Rives' sentiments, is, that in the Fail of 1S42, nn article appeared in the Charlottesville Re publican, assigning reasons why Mr Rives could not suppott Mr Clay, which orti-do it has been since ascertained was from the pen of Mr Rives himsell ! And the same auicle was also published in the Lynchburg paper ! It is said by those who ought to know, that Mr Rives left the demociatie party because he was not nominated as Vice President on the democratic ticket, in 1S36. Iu 1840, he went strong for "Tip and Ty." In 1S41 and since, he went with Mr Tyler. Seeing that there was no possible chance of Mr Ty ler's being a candidate, it is said he express ed himself auxious to support Mr Calhoun, and not being received as expected iu that quarter, he tried the Cass men. But whether all these rumors be true or not, is of little con sequence ; any man who reads his letter, will see that from the reasons given for his support of Mr Clay, that it is all quite proba ble. 3 Resolut ions have been introduced iulo the Maryland Legislature, which is a whig body by considerable majority, requesting their representatives, and instructing their Senators in Congress, to urge the issuing of two hundred millions of Government stock, interest at 3 per cent., to be divided among the States. This, it will be recollected, is William Cost Johusou's plan for paying the debts of Ihe States. The minority members (who are damocrats) of the Committee which introduced the resolutions, made a counter report. This shews pretty plainly that many, at least, of the whig party advocate the dan gerous doctrine oftheGeneial Government assuming the State debts. LOUISIANA MR CLAY EXC'H S GES. The following comments on the Messn of the Governor of Louisiana, are from a N -w York paper : The message of Gov. Mouton to ''he le gislature of Louisiana takes the true stand regards the liquidation of ihe State debt. Un recommends the sale of all the property -u which the Slate is interested, and applying ;j,r. proceeds to the reduction of the public iixie),;. eduesp. The Governor suggests the pwli, v of selling the New Orleans and Na.-r'nviiio railroad, the Port Hudsoti and Clinton r:-;i;-road, the Mexican Gulf railway, Barrauir i:t and Lafouche canal, ihe New Oiieans r n i r, -ing Company, the five hundred thousand a-t s of land in fact, eveiylhiug in which the Mi' is interested ; and the payment receiver! ; the direct liabilities of the State. Regar.Ji : ihe banks, his Excellency recommend 'h ,: they be restrained f:om issuing notes of a denomination than twenty dollars. Tiv? sc are ten millions of specie in New Ojl.aus an amount greater than the whole circuiati.-.o of the banks, iu the most inflated state of tho paper currency. The banks are a!l cperhin;. stnctly within tho law. The bank l-.-.v v: im proved beneficial to both the batiks snd ihe stockholders. The banks which hve rr.r.,-, into liquidation will, iu the course ofiiu :., realize all their assets, aud extinguish ai! ih-v.r liabilities. The Governor earnestly calls- up on the Legislature to make the public cL-r their most anxious solicitude, and pru.iije means to meet the annual interest fu"v n;;.j punctually. Here it will be seen how matters s'an '. -what measure is proposed to relieve the Mt? , and if the connection of North Carolina a r ; railroads does not "to ihis complex ion ccrue at las? " it will be a lucky thing. The reader will observe, also, ihe renin-i. about prohibiting banks from issuing bills under -S2U. But what deserves particular attention is. the amount of specie iu New Orleans. It is there aet down at "ten millions of dollars an amount greater than the whole circulation of the banks, in the most inflated state of ihe paper currency !" What do you thii.k of ihaf, gentlemen, whigs? Is there any complaint that this specie is burdensome that they cannot get their funds to New Yoik, or that exchange is too high? On the contrary, the direct effect is seen in ths fact 'hat L.X C HANG E IS IN FAVOR OF NEW ORLEANS'. Bills on Now Yoik can bo had nt a discount of 2 and '2 per ct-nl ! Did the New Orleans people not h ive to butj then at a premium . iu tho days ot ihe Regulator ? This may furnish a l-.sxon to Mr (.'lav! lie is said to be in New Orleans, and he will now have at) opportunity to study ihe course of exchange: how it siod when the greui Regulator, (as its friends delighted to call the I. S. Bank) was in vogue, and no if, when tilings are left to reg-i-ate themselves. Il hi; be an apt scholar wii!iii lo leai n he w-ifl find that EXCHANGES ARE LOWER (we mean, taking the average of exchange) now than they ever wir do-ing (he time that .-.11 money matters weto reg. dated by the Rank of the L'uiieri St..t.-s. This will he a subject worthy the study of a man who is .-spiting to and who advocates ;i Bank as a Ueiulalor. i i.e. will's ot No'tb Cam illa should rail his attention lo this matter. j But we fear ail the facts of i'r.i sort which I could be prodiiccd would hiac no efiect Upon J those who have a diiect interest iu the estab j iUhing of a U. S. Bank. It is haul to con vince a man ngair n wii, ; and then-lore tacts taesa w W .'Hi- 1 l wr. '. iV. f Mil it ti e favored low who I k in the I nois of Ban!; Jiic'itliis. X e talk nut to them. These facts are Kiieiided for trie man who rror.s for what he gets, and who expects ii thicg but what he i: litis by enterprise a lid iijjusliy. Tiie Greensboro' Pati iot addresses the whigs ot' Noith Cart'lina in some very useful and truthful remaiks, which will apply equally to ihe Democratic parly. He calls upon them to support their own papers in North Caroli na ; aud says that if all ihe money that was sen: out of the Stale during the last Presiden tial campaign, to such ephemeral publications as the " Log Cabin,'' "ihe Yeoman," &c, had been given lo the home press, mativ an anxious thought would have been chased from the editor's brnin, and a stability gien to the N or'h Carolina press. W e call upou the democrats io take this thing seriously into consideration. To l-e sure, the democrats start very few of these trashy publications, got i"r merely tor a Presi dential campaign, with no motive io establish a character, but the whigs t-lay the gaoie to a large extent : mushroom publications spring up in a night, nil over the con a try ; and as their office is to do the dirty work, they nboumi in all kinds of trash, demoralizing in 'he fin est degree. Therefore, w e call upon the democrats to support their permat cnt hfin -papers, aud theieby do lasting sen ice as will to their Slate as their party. 2d DISTRICT. At a Convention of !h Democratic party i f the 2d Congressrona District, held at Davidson College, B-.cion Craige, Esq., was appointed 'he delegate to represent that District in the National O ; ventinn at Baltimore, and Gen). Saunders p. his alternate. They are instructed to vote v.: the first instance for Mr Calhoun and M' Woodbury, as President and Vice Preside"!, but to suppott the nominees, iu case thei' Jr--st choice could not get a majoiity iu the Convention.
The North Carolinian (Wilson, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 27, 1844, edition 1
2
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