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7- Xi ttndtncy of DmoerfUy istovard tht titration of thttnduitriout tloJht ird mfihtir comfort, th9rtio of$h0ird4s-mity9$hw tmliaUnt of thrir jnwr. BY ROBERT WILLIAMSON, Jr. UKCOIiKTOK, X. C., MARCH 30, 1842. VOLUME V, NO. 44. NE W T E R M S OF THE LINCOLN REPUBLIC A N TERMS OF PUBLICATION. Thi Lixcol Republican is published every Wednesday at $2 50, if paid in advance, or $3 if payment be delayed three months. So subscription received for a less term than twelve months. No paper will be discontinued but at the option f the Editor, until all arrearages are puitl. A failure to order a discontinuance, will be con- iJieJ a new engagement. TERMS OF ADVERTISING. ABTtnTiuxBJCTS will be inserted conspicuous 1y for $1 01) per square for the first insei tion, and 25 cents for each continuance. Court and Judici-.il advertisements will be charged 25 per cent, more than the above prices. A deduction of -33 per cent, from the regular prices will be made toyearly advertisers. . , The number of insertions must be noted on the manuscript, or they will be chaiged until a discon tinuance is ordered. TO CORRESPONDFNTS. To insure prompt attention to Letters addressed te the Editor, the postage should in all cases be "paid IMPOSSIBLE. We diilike to hear a young man use Ihis wordt when applied to any thing with iii compnss of human exertion, as it de motes a despondency, which is - the sure forerunner of failure. A man to succeed must persevere, ar.d consider nothing im possible in himself which has been nchiev ed by another, How many men with the impediment in speech of Demosthenes, would have abandoned the profession of oratoiy in despair, deeming it impossible that they could succeed ? JJut he ban is.li ed ihe word from his vocabulary and tri umphed over all obstacles. Oihers in our own generation have to encounter greater difficulties than those even of Demosthen es, and have become shining lights. Frank lin might well have been intimidated, and admitted the impossibility of his ever ar tiving it the distinguished station which Jie subsequently occupied But he had a bouyant spirit and a steady mind ; and ""perseverance" was his motto. A late Hlistinguishad member of Congres from Virginia, was once a poor shaemnker; but lie had ambition and industry, which -enabled him to educate himself, and become one of the great and useful men of the "country. Had he once admitted ' that, it was impossible for him to rise, lie would have lived and died as a maker or mender -( shoes. Numerous other simple exam ples might be quoted, but they are before our eyes. Who are now among the lea ding men of the country ? Some of those who commenced life ia poverty and desti tution without 'education and without de pendence., save upon tlfeir own "energies. Did they despair, or adrrvrt it to be impos sible for them to reach to eminence ? No, their aim was noble their zeal and indus try unremitting, and their perseverance steady and success was the result. If we look among our most opulent and re spectable merchants, we shall find thai they owe their wealth and standing to the same cause. Many of litem were poor in early life, and had they then said, Nt is impossible for me lo become wealthy, they would never have made the effort, and con sequently wonld have remained stationary And yet we hear young men occasional ly say, "oh, il is impossible that I shall ev er be able to do so and so."' What folly ! The man who has ascended the hill of life half-way, has greatly outstripped him who is content to remain at the bottom, it is not to be expected that every young prac titioner of law will attain to the distinction tf a Pinckiiey, but he should never admit it to be -impossible, or tre may relax his labors and sink beneath his jnsi level. But aspiring to be equal to the greatest, he will adopt the necessary means to facilitate his object, slid thereby surpass those who have no such ambition. In all stations of life, the natural tendency of the mind is to look upward every one has something in pros pective which he desires to attain land if this ambition be properly encouraged, il will be productive of great private and pub lic good for he who asp. res to be great, . will be most likely to consider it also ne cessary to be good. We are now speaking of civil greatness. In mercantile concerns, honesty and uprightness are necessary to permanent success; therefore the young beginner, if he wish to attain the wealth and consideration of an old standard in bu siness, will not be"apt to commence his career in fraud; for then, indeed, might be . believe it possible for him to succeed. In 6hort, in whatever pursuit we may engage, we should strive for eminence. No or.e can know the full extent of his capacity, until it is fully developed; and he wh would prefer that his mind thnnld be restrained in its energies, to hazarding success iri a laudable undertaking, does in justice to himself and to society. Every man is bound to afford a good exam ple to others; but this object is defealed by the indolent and the careless by men who will not engage in a praiseworthy ca reer, for fear that it will be impossible lo Wing it to a happy termination. We re peat fhen. that young men should never admit it to be impossible for them to do what has been done by oihers. "Jack, your wife is not so pensive as she used to be." No, she's left off, and turned ear-pensive. Flowets. How much of the poetry of life springs from flowers. How delicate a pleasure is it to twine the orange blossom or japouica fur the bride lo arrange a bou quet for the invalid to throw simple flow ers into the lap of childhood and to pull rose buds for the girl of whom they are the emblem. - . from the Globe. TilE NEW EXCHEQUER BANK AND THE NEW DJEBT. The distresses of the Federal Treasury have drawn from Mr. Forward a very im portant disclosure, showing that the new Exchequtr Bank, in its proposed issue of &freen millions of dollars; was intended to create and to cover that amount of national Jebi, and thus obviate tha necessity of a further application to Congress for loans during the present vcar; but the opposition of the Democracy to that stupendous engine of Federal paper has balked its progress, and accelerated the catastrophe of trie Trea sury. The President, last week, as every body knows, and on the same day that the craven message in the new McLeod case was sent in and tiie Webster bill for a Federal habeas corpus writ agstust the Slates,) on the same day with this message and this bill went in Mr. Tyler'a message with the news of the new deficit of three millions, and the total stoppage of the Trea sury even from paying depreciated paper, if new means were not soon granted. Mr. Forward sent in his report at the same time, to enforce snd sustain the message, and, being a man of csndor, he very frank ly stated the use which was to be made of the Exchequer Bank, and the disappoint ment which was experienced in conse quence of tlie delay in passing h. The followihg is a paragraph from his report re lating to this point: You are aware that while the. report on ' the finances was in the course of preparation the plan of a Fiscal Agent or 'Exchequer, submitted tr Congress. was under vour consideration. -No doubt w;.s entertained that, in the event of hs adoption by Con gress, it would obviate the necessity of any further provision for redeeming Treasury notes required for the service of the pre sent year, and payable, in the next. The faculty of expanding the issue of Exche quer bills to a given extent ', was expected to affor d facilities that would remove all apprehension of embarrassment, while the issue of its maximum of "SI 5,000,000, restwg on $5,000;600 of specie and $5, 000,000 of Government sock, to be held in reserve to meet any contingencies of such issue, and aided by ihe daily accruing revenue, was regarded as placing such is sue on a foundation .perfectly sure and sta ble. "Should this provision, however, not be adopted by Congress, ther. it is obvious that the whole amount of the Treasury notes authorized by the act of Congress will become a burden upon the revenue of 1843, without any adequate provision for relief" AlreT this candid avowal we presume nobody will be in favor of the new Exche quer Bank hut those who are for a national debt as well as a Government bank, and for hiding snd disguising it under an issue of exchequer bills, the same way that Col onel Benton showed that the British debt was created in England by the Walpole Whigs. But this report of the Secretary gives us a further glimpse of future deficits: it declares a deficit to the whole amount of the late Treasury note issue for the year 1843 being five millions of dollars! So that here are two deficits declared in one day': one of three millions to occur within two months, and another of five millions to occur within twelve months. If these deficits had been stated and even proved by the Democracy, they would have been denied by the Whiggies; but being now declared, both by the President and his Secretary, the truth of them must eland confessed and undeniable. The Secretary of the Treasury seems to hint at some rem rdy, but it is only a hint, proposing that Congress should make ample pledges (but he does not say of what) of something to sustain public credit. No doubt the Secre tary sees the necessity of recalling and pledging the public land revenue, but is re strained from speaking out openly by Pre sident Tyler's message of December last, in favor of continuing ihe Whigish policy of giving the Und to the States. This may have prevented the Secretary from speaking out openly and proposing to re call and pledge the laud revenue. But whatever may have been his reason?, there are none with the people and the recall of the land revenue is now becoming too loud aud strong for any (except the doomed) to neglect or resist it. The fraudulent Exche quer Ibnk, if made at all, cannot be made in time to save the Fedtrai Treasury from the disgrace of utter bankruptcy insolven cy inability even to pay depreciated pa per? In two months this profound dis grace must be upon us unless something is (Tone, and there is nothing Congress can do that will be adequate except to recall the laud revenue. The recall of that fund would give four or five millions this year, (for there were no sales last year,) mid, wi.at is more, it would give credit credit to enable the Treasuiy to borro v. We may truly say the land bill is the father f all the tuiscliief now in the Treasury. It has already deprived it of the last year's revenue; for ilienew lands were fraudulent ly kept out of market last year to save lite money for distribution this year; and then the called session cost four millions and a half, and the main object of that session was lo pss the laud bill. Thus this un constitutional bill' passed by the bankrupt bill, and passing the bankrupt law in its turn, bankrupts the Treasury, and is the cause of all the disgrace of the .Treasury; yet its authors have not the manliness to repeal it. Very well! It will be repealed, and Whigery along with it. The first Congress under the new census will set all right. From the Western Carolinian. The charge of Federalism against Mr. Henry. Our Federal Whig friends have an oiiii way of recommending their princi ples and candidate t j the people, by de nouncing as unworthy of trust on that ac count, outers whom they charge with hav ing entertained at ouie time the same po litical doctrines that tuey (the Whigs) now hold. Thus; ihey denounce Air. Henry because they say he was once a Federalist, thereby conveying the impression that for this reason, he is not to be trusted.. 1 hey flourish this charge of old Federalism, over the Democrats, in a style that plainly shows ihey consider it a real knock down sort of an argument. Now ilis rather be yond oot comprehension we confess, to understand the aimordrifl of the objection, coming from them; but saying nothing about lis truth or falsity, we are perfectly willing to give them the benefit of its full value, aud let us see what can be made of il to the advantage of Mr. Morehead. Sup pose, as they insist, that Mr. Henry was a Federalist in his youth whatofiU is it not rattier an honor than a reproach that he has had the moral courage and political honesty to come out iiKe a man aud openly ( and boldly renounce doctrines which he had mbraced in early life from the influ ence of education, connexions, associations or prejudice? Is it -not -the part of wisdom to acknowledge an error, when convinced, and lo turn from u? But another view A the charge of bavins once beer, a Fede ralist is goed as an objection against Mr. Henry how will it operate when applied to Gov. Morehead, who is a Federalist now ? The fact is the Whigs will make nothing of the matter any way they can fix it; for here is the difference between the two, taking their say so for ihe supposition; Mr. Henry renounced Ivis i ederal opinions and became m profession and practice a thorough going Democratic Republican; on the Other hand, Mr. Morehead has abandon ed his liepublican principles and former professions and has now turned Federalist in his full age. So that in litis view of tlu case, the people have to choose between a man who was a young Federalist, become in his mature years and judgment an mi Compromising Republican; ami a formei Republican turned to au "old Federalists!' Whig. ! MR. HENRY'S LETTER. j In to day's paper we have given a noiioe ' of that part of Mr. Henry's Letter in which he tries to belabor the Whigs most unmer cifully fot entailing on the country " actual and proposed debt of 98,000.000 r Dollars." Il is really laughable for a man j of sense ro talk about a 'proposed debt We think it lime to complain when the debt is actually contracted. . The above is taken from the Charlotte journal, snd it is an inadvertent declaration of the real feelings of the Clay Whiggery, "that a man of sense must not complain of a National Debt, when it is proposed, but wait until it is actually contracted." Mr. Henry has ait old fashioned common sense notion that the way to keep out of debt is to resist, when it is "proposed and not to wait until it is contracted. But whiggery thinks otherwise. To do the first is to practice economy, and to do the htter is to practice whiggery. Mr. Heniy thinks that the best way to take care of 3-our Horse is shut the stable door before ihe Horse gels out. Whiggery says, nn! wait until the rlorse is gone before yon shut the door. W'liiggery says that such notions of Mr. Henry are "really laugha ble" But the people who have to pay the National Debt after it is "really contracted,' wil! think that such jokes are really too expensive for them to laugh at. A man who means to pay his debts, is apt to think and to calculate before he contracts them. But a roan who laughs at his debts until after they are "really contracted, will be apt to make his sureties smart for it. In this respect, there is no difference between individuals and States; only the nation has but one surely, (the people) and it were nothing bul the commonest honesty to think and to talk of their burdens before we im pose them, and to repudiate the abominable doctrine, that a 44 National Debt is a ' - - tionai blessing." Raleigh Standard. From the Mecklenburg Jeffersonian. TIP TY TARIFF." When at some of their hard-cider sprees in 1840, the Federal Whigs in the Nor thern States threw to the breeze their ban ners with 4h above inscription "5f"i k y J arij ihe Southern people, aud the laboring classes generally were warned of what was to be expected if that party got into power. They were told that their urst object would be to impose upon them a burdensome Tariff to make a few rich manufacturers richer. And what has been the result? Look at the movements of Mr. Cloy in Congress; look at the action of several Whig State Legislatures demanding a protective 1 ariff, and the numerous Con venlions that have lately been held ia the northern States for the same purpose; and even the Federal Whig paper in our jwii State are coming out openly for the odious and unconstitutional protective s'6iem. In fact, show us a warm Clau press anywhere even here in the South, ami we'll show yea a high Tari-ff press. A late number ,f the New York Tribune, ihe leading Clay organ in the City of New .York, after noticing the Tariff liesoluiions passed at a late Wing State Convention m Ohio, thue .concludes his ankle: l "We have also read ibe proceedings of some thirty or forty County Conventions, In every one of which the efficient Frotec 'ionof Jlinerican Industry is eel forth as ihe most essential duties of the Government knd one of the cardinal principles if the Whig party. The whole Country is ra bidly taking up its true position-V ' What do -our Southern Whigs the Republican portion of the parly,' we mean think of una doctrine? Are they who daim to be State Rights men, in favor of a Snct construction of the Constitution, villing to admit that a "Protective Tariff ii a cardinal principrc' in their faith? And the whole country is taking up its true msilion," says This Ciay-TarHliie; that b, the advocates off Tariffs and monopolies ire every where rousing themselves 10 hake a powerful effort to fasten the 'explo it American System upon again. putwtli the South submit? This is a juesf.on it would be well for Mr. Clay and lis Tariff friends to consider well before ihey make ihe a-ttempt. In another con- jest for Southern rights, they may not have South Carolina alone to .contend with. But let il he borne in .mind, that "a Fro- leclivs Tariff' is one of the cardinal priu ciples ol the Whig party." i SECTARIANISM AT THE POLLS. It is against this that wo should guard with a vigilance that never slumbers. We should not stop to inquire what sect il is that makes its appearance at the ballot box; it is enough for us to know that any sect is there, with its sectarian purposes, whether it comes wiih Papal, Episcopal, Presbyterian claims, it should be firmly met, rebuked, and driven away. It is ii enemy to religions equality, freedom of conscience, universal toleration. It m-iy for a time conceal iis nature and design, but it is a vampire, nndonce fastened upon the heart of this naliOL, it will drink its ine-mood. L Sectarianism when it comes to the ballot very act leaves its religion behind it. It brings wuh it instead of the Bible, its own intolerant creed instead of the lamp of truth, the torch of persecution instead of liberty and conscience, racks, dungeons and the flaming stake. It converts its sacred credentials into instruments of force its benevolent mission into tears, tortures, and blood! All history utters one great and solemn truth on this subject; it thunders its admonition in the ears of this nation ; the very grave of our ancestors echo with re monstrance. We must be deaf to the past, and lost lo the future, not to rally and res'st whenever and wherever we may envounter this moral monster. Philadelphia Xorth American. Deaulin of the Jianking System. The Cincinnati Elevator says: "During the last two months, hundreds in the city of Cincinnati have been robbed of at leat half of the proceeds of their labor by worth less bank paper." It ought to be borne constantly in mind, that only one yesr ago the Whig members of the Ohio Legislature actually invited the banks lo suspend, and refused to appoint bank ' commissioners to protect the psople against bank frauds. lb. HARD RUN. The Hillsborough Recorder excuses himself for not reporting Mr. Henry's speech at orange, for want t( lime and space. He finds time and space to notice one "deception" of Mr. Henry's as he calls il and what do you think it was W hy, he says that Mr. Henry deceived thepeople by falsely telling thea that the extra Session authorized u loan of 12 mil lions, and the present session the issue of five millions of Treasury Noles, in addi tion to the Twelve Millions. Now, says our hasty neighbor, this, was not so but the Five Millions wss only a substitute for so much of the Twelve Millions. Mr, Henry told the truth, Mr. Recor. der, as he always does, aud the Hillsboro' critic made a great mistake, as he common ly does, especially when he lacks time to consider. The'whig" presses, unfortu nately, seem never lo want "space" for a perversion of facts against a Democratic Candidate-, for they are all copying this article without correction. Try again, friend Recorder. Take more "time'" here-' after; and we advise you to be sure you ' are right yourself, before you charge a gentleman with false statements again, else you nay run your "head into a bramble bush," and you may not always find a friend to take it out for you, as we -do this time, most charitably. The Five millions was a substitute for to much of the Twelve Millions, in the form that it passed the House of Representatives, but by aid of Messrs Jlfangum and Graham, the Senate altered it, and made it a loan of Five Mil lions more, as an additional loan. The De mocrats want for a substitute ; but the "Whigs" made it an additional loan. Jiuleigh standard, KEW ERA IN POLITICS. There was formerly, fc for many years, an opinion very prevalent throughout the civilised world, that a promise of any kind, deliberately made, imposed an obligation on the promiser; and this obligation was supposed to result from the act ilsell, and to exist independent of any circumstance or condition. It was also supposed that it would neither be annulled, impared, or in any way changed, but by the literal perfor mance of one party, or the voluntary con sent of the other A similar idea is st'tll entertained, to a considerable extent among less enlighten ed, and even among half civilized nations. Alas for their ignorance and depravity ! The light tf science, knowledge and relig ion, of which we so much vaunt ourselves as a people, seems not yet to have dawn ed on their darkened understandings. It was reserved for the highest legisla tive authority, of the most enlightened and Christian people on earth, to discover and lo practically explode an opinion which was venerable for its antiquiiyif not val uable for its inherent soundness. By the Act of Congress, commonly known as ihe Bankrupt Bill." and also generally by the legislation of Virginia "for the relief of ihe Banks, their great advancement in morals has been effected, or at least assisted ; and this is the new era in politics to which we allude. Il is of the legislation of tins Stale as connected with and illustrative of this new theory, that we have now to speak. By legalizing the "suspension of the Banks," the legislation of this Slate seem to have decided 1. That a promise is not ir. itself valid and obligatory ; 2. Tnai its validity results from the operation of law, and may be established & enforced, changed,compounded or annul led, by the operation of law at the pleasure of the legislative power of the State with out the consent of either nf the pauie to it. Slate Jlighfs ilepub. WHAT WILL THEY TRY NEXT ! The federal whigs have ben foiled nn ! every tack. Their multiplied forgeries have been nnaiaked, their malignant li bels have been refuted, and their rockless violations have been exposed to the scoTch ing indignation of the American people. First, ihey started the war-cry of proscrip tion I proscription ! against the late Ad ministration; persons were removed, they said, for opinion's sake; the facts core out, and behold Mr. Van Buren rna'e fewer re movals from office than any forrer Presi dent. When this charge failed, a new one was put in circulation thai of extrav agance and curriplion ; this they harped upon with a most praiseworthy zeal. Facts and figures dissipa'rd lh'"s delusion also proving that the affairs of the last conducted as those ot any former one sUiri, the foundation of the Govercmcnt. W . the whigs discouraged by their repeated failures, did their zeal relax by this renew ed overthrow f their huge pile of abomin aiions ? By n.i means it but added new fuel to the flame. They made a last and desperate effort concentrated their undi vided energies upon a single point nd defalcations I defalcations I ! was thun dered forth at every corner. The chalice has been returned 10 their own lips the only defalcation of any considerable amount having happened through the unmatched villainy ot a conservative whig Samuel Swariwout an opposition candidate for Congress, and also for the Vice Presiden cy. It having been shown by the offi cial documents, that thore were fewer de falcations under the late Administration than even under (hat of Gen. Washington, the federal whigs are now at their wite end. Prop after piop column after col- umn in their temple were of falsehood, has been torn away by the strong arm of political truth, and now comes up the que ry, what will tiiey try next I lb, A Whw Pen, In the report of the expenditure of the contingent fund, during the past summer, ef the Post Office De partment, is the precious item of SEVEN DOLLARS for a pen. We wish some body would inform us what it was made of, and also wliether it is still in the Post master General's room, or was worn out -by the predecessor of the present head of that Department in writing political death warrants of Democratic Postmasters. Isn't this "ECONOMY! Union Democrat, HOW IS IT TO BE EXPLAINED! In a discussion of the appropriation Bill in Congress, Mr. Gilmer slated that it cost a great deal more to pay Editors for print ing the Laws in the newspapers, vhan it did to print Laws in Pamphlet Form. Mr Fillmore, Chairman of the Committee of Ways and means, denied il upon the au thority of Mr. Secretary Webster, who dis penses that part of the spoils," But saye Mr. Gilmer, "I have Mr. Webster's writ ten report that ; right I" and I have his written report that am right,' an swers Mr. Fillmore. And thereupon each geutleman produced the Secretary's report and one of them was so, and one of them was net so. Just like Whiggery J 'It is strange," exclaimed Mr.Fitlmore, but this Letter was sent to me officially as Chairman." "But this was another Let ter sent to me officially as a member of an other Committee," exclaimed Mr. Gilmer t "It is strange" said Mr. Fillmore, "and I cannot account for il." "I cannot ac count for it either," echoed Mr. Gilmer. And so say we. We cannot explain it. Who can? Oh, when Mr. Van Buren's Secretaries made mistakes, who was so cynical in hie strictures as Daniel Webster Jlaleigh Standard, HOW FAIR. The "whig" press, generally, have cop ied the Hillsborough Recorder's article in which he censures Mr. Henry for deceiv ing the people about the additional loan of Five millions on the Treasury Note Bill. Not one of thern has yet been candid enough to correct the very discreet Editor for his mistake. "Mistake" is a lenient word for one who falsifies a recent fact and a record too, and upon that basis alone dares to impute wilful deception to another. Catch Mr. Henry in such a mistake as ,hat, and see how the "dog" will bark at him. Now we suspect that "dog" story was another 44 mistake" of the Recorder. A dog thai barks up the wrong tree, is a very sorry dog to go hunting with. At least it was thought so when we were a boy. How was it in your early days Mr. Recorder? We happen to be ii the vein for joking, and will tell you of aa anecdote that was told in our hearing not many years ago. A candidate for county, informed the people that his competitor was not ex actly consistent with himself, and he (a whig) reminded him of a little dog he used to carry out for hnntin squirrels. The ly ing little rascal (the dog) woulJ run off out of sight and hark, all in a mighty hurry, and jest as 6tire as he went to him, he could not find the squirrel. He did nit know where to look for him, for the dog hnrhed up one tree and shook his tall a. round another. That hi last resort was j to rut off the dog's tet7and then the thin ' ,'lt arkin Perbajw Mr. ftry hd V
The Lincoln Republican (Lincolnton, N.C.)
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March 30, 1842, edition 1
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