'IK IGXORA.YT AND DEGRADED OF EVERY NA I IO.Y OR CLIME MUST BE E.YLIi;lTE.YED. BEFORE OUR EARTH CAN AVE HONOR IK Til F, UMVFIRSJL'
V
VOLUME 1.
GIUSHNSHOIIOUGU, N. C. WEDNESDAY, FEBRUARY 17.-1830.
NUMBER 39.
tun
csur.KNsnoRoucai p vtrist.
Is printed k published every W ednesday morning, 1m
WILLIAM SWA IM,
At Two Dollars pcV annum, payable within three months
fi-o-i) the laU of the first number, or Three IMl.es
will he iv:iriablii exacted immediately after the cpinc
r-n of that peri
ach subscriber will be at liberty to discontinue at any time
within the first threetnonths, by paving for the numhn
received, according to the above terms; but no paper will
he discontinue! until all arrearages are paid, and a failure
to order a discontinuance will be considered a new engage
inert.
Tlvse who may become responsible for Ten copies shall re
ceive the 11th T",".". An allowance ot ten percent will
also he made to authorised agents for procuring subs, l ibers
and warranting their solvency or remiting the cash.
ADVERTISEMENTS,
exceed. np; 12 lines, will he neatly inserted three times foi
rnedill.-.r and twenty-five certs for each succeeding pub
lic -itinn those of greater lcirth in the s vine trvjotlion.
Vli Irt crs i r' oommunir uions to the Editor, on business re
l v e to h; paper, must be post-haid, or the;, w ill not hi
v iv e ! to.
shock throughout the. whole Stale ? Will il not
lint; ruin upon us f For Sir, it is not merely the
Hdorand his securities that would he involved.
care dependent on each other, if one. fall?,
iflv may fill, if the Hanks press their debtor, he
nustpresstho.se who owe him, and so the ruin
would he general, thh. distress universal ! .Are
gentlemen prepared for tliis state of things? Will
'hey not try to avert it? Andiflhey succeed, will
tiiey not have performed well the trust rt posed in
them and consulted the interest of the people .'
(j'eutlemen abuse the Hanks, and fay, they have
proved a curse to (he county. J represent a sec
lion of the State that ha as iittle njil to he in love
with the Hank., fs anvpart ol our State; and il
cursing would do any good, we could curse ; hard
as any ; .hut ve are attempting to ellect an argument,
oiui ein;j mu-t he kepi uh.mi, aril reason per
;ni''ed to ;vt. We have t:ol into these diihculiifs
Mr. (Jaslon observed, that it might not be amiss
to correct some misapprehensions which prevailed
with respect to the origin of this hill, and of another
of a similar kind, in relation to the N State nank.
At the last Session, the Legislature passed an act for
the appointment of Commissioners to represent the
State in the general meeting of the Stockholders of
these Institutions ; and enjoined it upon these Com
missioners to use all their exertions to prevent a too
rapid collection by the Hanks, and a too early clo
sing of tlwiif business. In .lunetasj, these Commis
sioners attended the general meeting of the Stock
holders at this City. It was anxiously desired by the
principal Stonkholders to terminate :dl bunking op
erations, and to adjust their concern as speedily as
the nature of their business would permit. For this
dollars. It cuBtitute the great mass of tberurreu
cv of the Stated It character must allcci all the
utonied operations of the Country, lis gradual or i i
pid withdrawal will produce the most important ef
fects on all contracts, and on the value of every spe
cies ofpropcrty.
There is due to these institutions upwards of On
millions pf dollars. Few are so mad or wicked as
to contemplate any scheme for preventing the pay -ment
of those debts. It is the duty of the Director
of the Ranks to have them collected, and if thev be.
not pafd voluntarily, the law must lie resorted to m
order to,euforcc their collect ioii. Now it is a settled
rule of law, that a corporation deririug its exi-h iic:
solely fnni the 'will of the Lcglattire that created ,
can neither -ue nor be sued can perform no acu
V e l-WfFt'&'.i. thai Siair't collected vJiil
O'er :hr .net and ghhc slate,
Si', rmirtsa, crowning &ovd, rcfweaain fit."
DEBATE
Oath'-Bill to einbJe the Cape-Fear and Newbern Banks
to wmd up gradually, and to fix a uniform rate of col
lect nn.
House of Commons , Jcynary 1.
and we must get out the best w ay we can. lie
people do not wish to be released from debts for
which they have received value, they want to pay
them, but they want tune to do it in. The Hank
lind it will be impossible to force lii.it much out ol
the people, they know unle-sthey give indulgence,
many oflhcii debts will be lost; and from the d is-"ttfm-tvf
ferst wtw-,"4lvr-iML4iiisiou,lo.4,riis,
ma lie is J no tar. . JJw.y ajc .willmg.to give .indu!
getice, it the people will agree not to lake advantage
of it. The bill proposes, thai tf ilie Hank wdl it4
.-ttirc a greater. . iiUtiiucnt . every .. n.iiicty l.is
lb ui the one-twentieth of the prevent amount Vi
' ith deld, arid if (here sn.vdd, at the expiration ol
the charters, be anv d bf onUlaiuliii,'. Ihev mat I lo obviate the
.' j
have three additional j ear-;o collect mi. Is not
. I . .. , t e i t . T
;uis pei lecny lair r ii n nut as rea-oimole as anv
liiing can be ? (ientlemen, i (bey canfot se
i.urpose, they pioposetl (hat an a-iinm. ni should he ' a,lV k,,ld ilt,cr tht' "" " !,on l,s ,a' cx?-Unco
made of all the corporate funds to' 'J'lu-K t s. who termiii.mts. In order then to secure the " receipt of
should collect and p.nv debts liquidate all clai-n, and j wl,:,t ""V he dueud to vili-ly Hie deui.m Is of tl.ei:
settle w ith the Stockholder. This proposition, re-' creditors tlic '.uanks must prot etd bytn ei.et-e'ie
commended by many other motives, was said to be ! course of action to wind up rh ir :".,ur, so that
imperiously reonired' by (he consideration that the j nothing hal! remain t be dj.;e yl n the 1, -f
charier expired on the 1st of January and I Jmwry l&5 slnll .irnve. Ilifnn u avoi.l
tint il was their dutv a we ll as their interest to 1 ! '"convenience, by adopting -ui nlr i i i v- whi Il
i . . -lit
liow this is to benefit the p opie ! tney have live
i ears to pay in tinv how Is it no benefit to have
Mr. ricor? rose and said I have the honor to I vour debt divided into twenty c -pial parts, and to
reprev;iua large and lertile countv, hut irt wealth know Uiat it you pay one of these parts every rnnc-n
union unaieiy nitiucca Hie location ot a Hank at its
Co'irt-hoesr, ae.d in the pride of prosperity, when
cotton, land, r.eir.ea, every thing sold high and
mnr.eif wr plenty, the people went in debt, times
aben d th; pnee of property fell, money became'
fft'-e?s and for a few years tvery exertion has been
necessary for the poplo to hold up under tb ir
then- house in onier before that (J. But our Com-1 iU prba'p a.-Koyer their pur;.,xe, ' vli,i thev v -mTsTofiVrs,
obeying our instructions, tneii strtnuons-! t they nia v a-ig, and a Court offvpiity will com
Iv resisted the jiroposition, and pressed upon tlie ; l,c' assgu;'es to perf trm aoy honest tr'ist.
.MocOioIdei "'to p71pbii-'a 'deilsftirr" fn;Ti1 ' sfficr tl)tsr ' -'ftiey mny thnrtwr wr H ttwtr --pr4vt
Ihtn iVpproachiiTg seisati)h of the Legislature-. trust, to matr sales, to ro'lrxf dcbK' paytjl:air(hn
TiP?Xik..rr;J,.!!?!?. nrSr( fr ttris rt.tptmemetit, w ere fwemd divide the plus anion., .their. Sto.cklu'l
the'tieccpi'lies of the debtoii, the i n sure of the dors. Whatever .(! rs mnv th-.ilf f an axM nniie d.
times, and tk apprrbt fMb'tF iK it;iKe. uf dist.resa,froirih.c idiould reganl it. at the pn.m mUmv.i, a- a
a rapid withdrawal of the ciit ulaiing medium. .And measure fraught" w'illi' ' alarnHoi'' coii-eijueiit es; ',r '
to obviate the objection an-ing from the nt ;.r ip-' ,-0uld not be e ; -ectetl of .vsuj.ices . aeti.i ' uialer
roach of the day on which the charier of the sew r personal ' reponibi!d . to shew tl :e m&.o
the Hanks must expire, our Coirmissic in is a.-Mired lenity, or exercise the same di-.-re?inn in rolb-cti-.
j the Stockholders of th perfect cJidciKf? whnh debujus may be practised by ill. Hoard of Din-cM; .
days, you do as much as your creditor ' can ask
w tiereai' now, you don't know at what time you
may be called on to pay the tenth, or third, or'thc
half, or the whole? Five eais is all we want,
but we want that uninterrupted, and unless this bill
passes, instead of having five car, we must pat
in the next six months or be sued, hi five years
So far they have been able, bv I we can pay olfbv the profits of our hncl, not by the
pinh u rassment-
the proceed of their lands, to keep up their renew
aU, and if they h;ive a. reasonable indulgence, they
will gel through.witbout a sacrifice of much prop
ei t v. This, matter, then, is of great importance to
my co..ntucntti, and A am rrally sorrv to see the
opposition it meets with, the prejudires it has to en
counter, and the disposition there seems to be to
give it the go-by. To occupy as little time a pos-?i!-'e
by giving my views of the whole subject at
ot.r , I wif slate the amendment, I will olfer. The
bill as . now f-ianN, reip:ires the Directors to di
minish the amount of df bis to one half their present
amount, by the first of -.January lfiS.V I dislike (hi
provision, because it leaves it in the discretion of
the- Directors .to indulge in part of their debtor-, and
rv.ikc the rest pay all the required amount. I shall
move to strike it out, and insert a provision that each
d' bl now evitin may be paid by instalments .of
one-twentieth of its pre-cut amount every ninctv
da v.. In this w ay the people w ill then know pre
ri.i Ii ti hot ui a 1 I . I ' .i r u
v,-, v ,....,,,.,,1.., if T .ui-,1 ai eaen iiisiauncni. i j me way lor a liauk, that is to
will also prop'w to 'Cru-it lb:; Hank to takcals stock : .ound circulation merliu.n I..
Ill n.itmi;il nT rl. lu Ti.i. .. .II I....,..' l O. ... ... il... I... i. . .
r ," ' ' n,i; toe ciitci 01
making stockliob.h rs indt hted to the Uank pay their
sliaiv. and will in rease tire means of paying debs
dueiheRmk. 1 w.ll abopiopose to authorize the
stM-kholders to declare dividends of the Capital af
ter the firt of Jar; i .ry ,18 7. This w ill enabb the
Pah lo withJraw its f ind.-, from the insiituiiun, and
dissolve the ei.p.i, h.erslup, and will a!o dispose of
tfir nmney tl.at will areumulale, abd be otherwise
i-ti . In otic-ring these a net.dments, and in consid
ering (he several provisions of the bill, I look at
tie; Legisla! ire, not a. dictatin-r terms to these infti
t iti.-.is. but as endeavoring bring about an ar-'
r uit ueit trthe benefit of the p-oplc, that woiifd
meet me nppronation ol the stockholders. I mi
i-ropertv itself- Need I ure upon ilus house the i ltu 'r "bligations without any special help irom us
they entertained that we would i.ot heitate to v ctJJuny be .-erious ditfieuhv in ' finding
a further day tor the collection and pay mi nt ot debts, ees worthy (.'so vast a IruM, w ho roe. d ! ledured
I'he Commissioners Micceeded the decision was , to undertake il, and the yropi ily of the Male and
postponed, and the Stockholders are to meet again j of our Citietis eodarkedJn the institutions, n.ie'ir
to pass upon this proposition as soon as our session be exposed to gn al jeopardy, fiut above nil, a da:,,
shall cloe. ' gcrous depreciation of our ciiriciio, and its iHpid
'J'he tills in question do not therefore come from J retirement from circulation,,, woutd probaWv be the
the Banks, nor owe their existence to any application' result of Mich an assignment, present, our cur.
iioiu mem. inesc institutions asli imuung at oui rencv i" m a sound state, lor the banks are able t0
nanus, i ncy Know wneii ineir ciiariertd powers pay theirnotes, and there is a hort
are 10 cease, ana jney are competent to take careot
these inll rests, atid provide for the performance of
m-
dillereiice between paying a debt bv the profits
stead o(u ilhproptrly Jt Jjreak in upon a mauV prop
erty once, and-you may as well will., him out. 1 1 is
pn hts till be diminished by the sale ef a negro, tr a
horse, and the next time vou mav sll two negroes
or two horses and hw land. U is said, this Uii is
t6 benefit stockholders wh.) owe the Bank ;they
are '.lie debtors least iideiesled lor if the Bank
should not -force all out of ihefn In-fore the tha i ters
expire, the stock and debt wil. cancel each other;
but, sir, a more deadly blow was directed, when
the tears of the friends of the new- Rink wt re roused,'
by alleging that this bill would prevent it from going
into qpCralinn. I am friendly to the principal oi
that liank, and so far from inj.i ing my hriur.t con
viction is, that the passa-e of Ilus billwill be abso
lutely necessary for the opeia'.ions oflfiat Ihnk, and
ui addition to the direct benefit it will do the peo
ple, I llatter myself it will benelil them bytjajing
supply us With a
ringing myself to
the determination, to supper! the m v Uank, mv
greatest obalacle was ttih fear that lies infant Hank
would he' Swallowed upby the prcserrt I'anks I
know this fear presents itself to all its friends and
the only thing I look to for removing that objection
is, the passage of lite bill upon your table, li the
present lhmks wind up gradually, il will enable the
new lauk to go into operation gradually, as the
notes of the one gradually go out of circulation, the
notes of the other will take their place. If the pres
ent Uank indulge their debtors, they will stay where
they are, and not flock to the new Hank for no
new jnsiitution can suonort it-ell' except by loans
'Ofild joiii shorl credit and prompt pay ; but if you force
nigKt(theiri to call in theiNdebts without delav, vou might
and efleClua;
J ht true question i- the only enquiry should he
whether this intei lereiice ef ours i tailed for bv
eor.Midcration of public policy ? Khctorical invec
tives, atid tforid tfcttarMtrorr atimt titd s m td
ving thi&qutstion. They may tn'iven a dull dis
cushion i they may amuse the fancy or gratify resent
ment, but they assist not the judgu.ei yiti coming" to
a correct coaclusion.
No one w,m more thoroughly STtisfied than himself,
thai the Banking system which had been puisued in
this State had been productive ol numerous and se -
i rrn inurntrr i it ci t it...ti ti-,. r i i .
.v.- . ..sn... .u-v..i v....i, mni d( 4i.ied consi'h r.ilile Hist aliiicnts, and enlore i,i,g liu
could not but UTirunate in evil. Banks wcie tstab- i , .,.,, t .,ftl,. ,., I, i- .;,rl.,.... .c wu,? -
I I . I ' ' . '
be broken down by such a f ourst , w io may be in
!ega remedy lor comielluig pavrne:;;. hut vvb- n
the corporate fyids shall be in th h and.-, i f a-signc
they canot he compelled to pav but through lec
iViedmm if a tedious and expensive uit .in Equitv,
and only then out of tht-pror. eds a. they are real
ized. An alignment will naturally excite aar.u,
crente dwtmst -ald . btt followed hv . deprtciutic' u
And when tht!" notes of t h tnm'iring Punk sbi il
be received by the assignees,' they vv'ill have eo
right to re-insne ll cm ai J thu (Leveies v.u!d !e
speedily altogether withdrawn from circel-alion.
ifheut an asi-.inienf', the tanks cannot collect
vi !. (h.u is due to them bv the dav when llieir r!ar
tc; t Xj'H'e, but by beginning without io? of time lo .
l .ll ll -ii . . . .
mkc v e onr more inciuigenl to the people, but the.., as will east an infant iuh, the raging sea, and expect
.... ,.,. , IU , eau.se to accept ol ttie terms mid , it to swim out, as to exnect the new Bank to no into
operation amidst general distress' and ruin ! Away
then with your fears for the New Bank ! Away
with your invectives against the present Banks teil
me no more about bearding the lion in hu lien.
1 his bold language conns tioni gentlemen whose
constituents air inn nrwir i r Litiitf tint mnu(in
I " ,1 I . , ' I . " J ' '''! VW llllipi Hit, Hl'li I CV-1 ' V-
-i i. . .m; hist rvo or three, have been gradually who have felt ins power, and arc in leach of m
t ie Measure be entirely fnr.frated. Let me beg
eentb -men to view the stihject this light, and see
if the provision i not as likely to meet the sanction
of both partiey, n any we can adopt. W h vl i the
M'.iai'on oi t!ie country For nnny years we have
b r n "o.en ig under an mormon-- amount of debt,
iii '
a
l
ieg u. mi. yii .1. . l..ne. the r eoore owe tiu
ens and a half oi (i,,ilars lo Ibe Banks of"ih
t of I by Stale
tin: several Bai,
ioe ir.t oi
exiinguisb- d the hole. (
U't :" paid., etui out on
ad 'tide:-:- 'e!,'iii!.ig j.,
ri 'i " . 'i of re r no pro;
w ' ci.aS'e ;he Bank, to
t?o that -.my debt. not o.ud
paws, are Hie best judges. In an unhappy moment
je Lei'ishilnii. i'i,. ,i,.,l rs
lc-Mlrs what t.iey-nve to each other and ; Kihanov liour the w.,,d.. ;,. .ui.i I ,.i
oe bet year, the colleclion out the easiest way We were told the oilier day,
ie amounted to i i'jl:t hun-!ihaf. Ibis v.-.s .-m oi, . ... r. ti... ..i.. cL,.
.' r! " l"n,1S;,,"l dolHf ,-. ad at this rale, if icl alone, i and that llw vo.ee ,.f rM,,,L ,i
r Iffct ftl I :i rill-1 r- 1 O .! Til . ...!.. I I. . . I i 1 J
'ill l u II"! M P, dl 1 .ldl i I :hll M 111)1 iWllee! .d Ih,. h.ll 4. 41.,. t . I .. . .
i-ii-v I .".:.." ti.i v ti-.. e. .1.. I!. . !,:.... i. ... : 1...1
i "- ""i iu ui i i'joiviMLl uusiiies?, iiim
I !( ?.", i niyrelv to pisy and collect debts. We" all know
' ' ; that il a creduor dies before he has received -Mhc
( i- 'b il ! noncy. even if iie ha, iii,lim..nf thi. M. io ; l. ...f i..
i in, ir (
t l. i
I I II. i'i I , I ,IC l !l 11 ill s Ol ,!;; j.i.j.i
the lav! of .ramnrv
.lie, iijcv vi!l
' in 'thc-e (.
cd!,
K
and aiiA "Jeji.ior w b
Str't, ijrrp off r-7d
until that time, v.ill' b
v. bi-i,e their iT'.iiev.
...:L!.X::.i..f'i.!.iii:
cii. m pivdiaeting a
"' !', Or even
i
;i mIioii, if ss iiiete is an cxfcc.iior or adiiiiiiiii-!ii..c so in die
i.-ne wiil he dili.i (ease of ine Banks, or banking purposes thev die, at
a , oic- M r: uio.i ui uieir cnaricrs, aiiq" there is usually
an t mm ali .i :i LiinU charlers :i i.iiiiii..i. tiw .11...:.,,, ' I.. iU.
I '.v-.i-ita IV I v..llf. A.I IJLI. Ill llll
rehired, nni n.iiik, m;.v .-ha Hers f....t.fh..t. i. .
t , . i T w.Viin, uhiu mi, no sucu piuvisiuu-,
v.r course then, io (I ll V- l nd till Kill iw. ....... j i . .. .. I.. .1 . i i- . ......
' - ! I'iw-w.-f3 IKI BUIIIIIV lllill IW'll 1 I Hfl ;ip IO
.....Uvt
n not
til.
op
nuf iifH1 h'U,ks 'luiro et.ahic thuitlu livdulge lUei' debtors uutiL the
rb(;:;,,:,;;: .1
tL.ihon , u;:r'V i ; I """V "" h- reason, wjii it ,lt,t AnowQio
vm: tvmon a.i'J-- tjlr c.rg-..H7t not.. p'ooVc mt;n-rt-ff-tffc ur0n v -
lished, multiplied, kept up, and enlarged, not wiih a
v iew to atftyd legitimate ffinhtics, to tcnuneiet , but
to make accommodation loans, and lo manufacture
j iptr irymey. The blale descending from i s high
ft alien had entered into an unholy alhance with in
dividual corporators, and had urged, encouraged and
wirclioned a most pc rnicious course of operations.
All yvho wanted to borrow, and could givesccuritv,
were accommodated. Issues and rc-issiu-s of notts
v;re tlirown out to make nuyiey plenty. bile
this vicious couire continued, nothing whs so popu
lar as the Banks. '1 heir paper depnci.ited ; but no
matter, it would pay debts and buy produce. Fic
titious redit was created, extravagance encouraged,
and old fashioned industry made to give place to wild
speculation , hut the State made large dividends, men
spent money freely, and no one thought ofpay-day,
providcdjhe could but discharge the intt rest on his
loan. It is impossible to say when or how this would
have ( nded, but for a cause over which the State had
no control. 'J'he Bank of the U. .Stales received
the paper of these Institutions, demanded payment,
and would receive no denial. After every tempo
rary expedient had failed, no alternative remained
for the Banks but to call on their debtors to make
paymentnot all at once, but in small instalments.
Then public favor was succeeded by public hatred.
I hen these' benclicient Genii who had thrown open
the door of their vaults at every t all of "open ses
ame," were converted Into uripii) ir g monsters that
fattened upon the life-blood ol helpless victims.
May we take a lesson from (tie past to avoid the like
enors hereafter. But it is idle lo it criminate, and
silly to vent our unavailing anger. The mischiefs of
this pernicious system now exist. How are these
mischiefs to be cured? This is an enquiry worthy
of all our attention, and demanding the exercise of
oir best judgment.
i
It is proper to bear in mind, that more than
700,000 of the properly of the State is embarked in
these Institutions. True' it was unwisely end.iokro
in them. The State had no business to ingage ii.
banking operations. i:ut there if is, and it is our
bounden duty to take care that it should ret civ c no
detimienl. It is to this property only that every
friend to the State must look as furnishing the funds
for the future improvement of its' moral and physic;. I
condition. Its preservation is kji object that cannot
be disregarded, without incurring ic heaviest respoi.
Hhility. ,..' .
J. l.i.$, pa per ..issued by...thesa.uanks iid.ycLJr..c.ircfl .
lation, certainly exceeds a million and if nore ;ki
bcrrr' lo? t Qust amount to fourteen hundred (Jinusanci
e t i tii in i tit.- mav no pi v i iiieo. au ;is-in. i
I no doubt he productive ol' less' eonfu-ion f
i s, bureau as-i;nmeiit m-vt i - n-e-r 0
I a little cmbarriisMiifi't and pu!dic-u'os.-,.ei.,C'
I'-inedv st t n s, tin if fi-i e lo lie, (but ' 1 1 i ' , v
volved in their fail, w hat ruinnu saenlii e's of jiier
erty may be spread thu ughout Ibe Tomnmnilv, no
f.ie ean predict with precision. Ihit.eviv m-.n wh'
is not destitute of feeling, and wha lakes an :niri sc
in the prospt rily i f his f minli v , iui:. o.mu d I ,,pe
. I. . . 1. . . I " : . l ., .
niai wicM' t aiaiimits mav ue pi v t nieu. ,:t ;imh.
ment will no doubt be prodm
and tlisfn
cause not
The true
our Commissioners ha te iiatiCftted. la t the corpo.
rate existence of the in: dilutions be iii rub o lnoiii
the present term, for the sul yy . c of enanln g
Ibem to sue and be Mini, to make t p!b e;ii,s aid
lo pay debts. Let ns avail our-clves of the oci
sion, while proposih this rt stricted eien-ioii of
their charter, to impose such terms as sh,, Hnnr
our embarrassed citizens from caprice and oppi,
sion, produce a gradual retirement of (lift nofts
from circulation, insure a faithful discharge d' dm .
on the part of the Corporal ions, and make it th;r
interest to cooperate with our views of public pi, .
cy. Time time is the great lenitive of ail limn m
evils. The mischiefs of our present ondition c;. i
be cured bufhv prudence, forbearance, industry at,.f
economy, Alton! an opportunity lor Ibt se reme;in
to operate, and all that we cau itasonably lupe
may be attained.
The Legislature cannot alter the charters hut b
consent of the Corporations, (dftmi-e it mt: t b
left to them to say whether tin v will , n i j
of the prolongation tdleit d under the rcsti ii do, ...
with which it is accompaeietl. II ibe resfrit lions I ;
reasonable, (here is a rational certainly that the eb-
will not he refused : and il i our biiMi.e-s lo t iff "
care that they be reasonable.
Should the result be security to tV- nuMic funds,
and tranquility to. the public mind, a milig. 1: n if
present dist re :", a gradual improv emcit m i!ie vi,
dition oTour iiietis, a'ul the prevei.(,,,i "I llio
portentous calamifu s v. b;iiMUu to be iioj i n, : .
we may without envy, k siii m oih rs 'Ju: t i i f
chivalnc daring. Let it be th u hyast to b
ons and attack monsters.
-uHydnnv Corgoi f, Cf m ei. tli.-e f"'
while ours is the n-dd : ; i'i .,! on
!o those whom itont hl he . i d !i.:ht.
I'.ainly is our duly, to's-ist ;i ,,j proeci.
' l.e motion k'-J'-' ii.e Mil ! f- 't 'U,
of d tne
ill ll
.' good
il eer
' 1 !
: p l I v , :t ll
setojid leading v ohs t-
W;1 !";
iUU d bv'.
1 1.
e ii.
I
as.-i i
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