"TA tendency of Iitnocraey tttottmrd tliteltfttcn of thtindtutriov clr,thi tncrtnt of thtir comfort, thmrlia ofl.'ttir dlltr,th intabUthmettt tf l.'itir potrcr."
BY ROBERT WILLIAMSON, Jr.
LIXCOLKTOX, X. C. APRIL, 20, 1842.
VOLUME V, KO. 47
NEW 'J' E KM S
of
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DISTRIBUTION EQUIVALENT TO
TIIK TARIFF!
Ti Brpimonn .r Messrs. Tyler ami
T?iv s would st em on their f;ipe to be irre
sistible; but the Whig will g on, and
consummate, if possible, their absurd and
niischievous scheme of Distribution
First, it i. a mere party question and they
have not the moral courage of J ilin T ler
to retrace titer steps nnd secondly, they
consider the Distribution as identifi-d w iih
the increase of the Protective Tariff. Can
any thing be more coi.clu-ive upon this
-surj-ct, than t he reception which. .Mr. Ty
ler's last Message has mi t with from the
Tariff Pres? The .Richmond big abu
ses if He is an anii-Soiahcrti Tariff man.
Tlie New York Tribune finds lauli with
ftlr. Tyler. "Put up the Tariff (ext latins
that paper) so as lo afford adequate protec
tion to our Home Industry, and there will he
'no need of recaUwg the Land Distribution."
The lialiimore American sings the same
r.ote. and poii.ts out its pobcy in these
words: "Lot the imposts he lo.'ked to as
the rotr.ee ot revenue, and lei the Tariff be
adopted acc -rdingU ." flwlm 'Jiff'irii.
is the tone of lite Republican or even 'the
impaitial press! The New York bun S;iys,
"itie man ion of Cot gre-s has destroyed
the ctedil, and broken tie fault of the na
tion; our finances are wretchedly embarras
sed; our honor tarnished; our foreign affairs
in a delica e, run to say alarming contlunm.
In this emeig ncy the President lays aside
all party feeling, mens the question boldly,
and frankly lecomnrfmds those measures
which common sense dictates, as tire only
practicable means of promoting be welfare
of ihe country in tins crisis, lie proposes
to fund the puhlic debt, amounting to near
$15,000,000, and pledge the proceeds of
the lands for irs redemption.. There is
wisdom and sound prn.eip-Ie tn this. If
'Congress shall any longer, in a time like
Ibis, trifle with the national honor, 'and jo
mi wuh their schemes for President-making,
they will lie hld to a terrible retribu
tion by an insulted and indignant people."
., Tlwro is not a Tariff Wing in Oit Uni
ted States, but sounds the ame ominous
notes for the South. Their-policy substan
tially is, to scalier the land fund among the
Stales, and rai-e the amount (the amount!
nav, two or three limes oveil) by duths
upon the people. Nay, so far is the N.
York American bent upon changing ihe
whole course of the Government, bv ad
"dnssing iw If to the cupula v of the States,
ihat it seriously proposes to issue 50 or
100 until his of 11. JS. siock, based upon
the public lands (to supply the wants ol a
necessitous nation! Oh n!) but to distri
bute the slock among the States, in order
to pav their t'enis. Here then we have the
'assumption of State debts avowedly, Hut
friend of the Republic! take care. If the
good people of Vs. van be tempted, as the
tl sciples of the Evil ne are now trying,
by the present land fund, (small as it may
be, not $05,000 for the year,) to induce
them to forget their principles, and take us
authors to their bosom, and send a majori
ty into our public councils, what danger
may we not be in, when an open and avow
ed and general assumption of the Slate
debts is held out to their cupidity? Hut no.
They who make such appeals are ignorant
of the indomitable integrity, and clearsight
ed intelligence of the People of Virgin
ia. Yet the Whigs now hope to carry the
Stale by such mercenary and corrupt ap
peals. "Will you not take the money ?
(say they.) Will you elect men, who
ctld decline ii? Who even refuse to re
ceive money?" And will ihese inimitable
Whig insist upon it, that we mut always
receive what is offered lo us?
Suppose a bribe is tendered to us -must
we receive the gilded bait? for "as much
money as we can grasp thus:
Must woman sacrifice her virtue for the
filthy lucre?
41 ust Virginia sacrifice her strict con
struction doctrines, for money virtually
raised for the purpose of distribution, in
defiance of all the principles of the Con
siiluiinnf anil when it subsidizes the State
al the feet f the Federal Government?
An; we silly enough to receive one dollar'
and pay for it two or th.et? to prostrate
the Cnmprou ise Art? and to enrrende r for
$05,000, u.e right to H e Federal Govern
ment to raise the Tariff from 20 to 30 per
cent.?
Are we mad enough to maintain distribu
tion, ai.d to receive the bribe, when ii
impoverishes the Fnleral Treasury, and
deprives it of the best means of biuiowing
ihe money it wants, and discharging the
debts which it has contracted?
The W'hig, who, under such circum
stances, aitt mpis to seduce the suffrages -f
the People electioneers for his candidate,
by such short-sighted appeals lo the mer
eeniry spirit of this iiniertiffed" and
"unsednced Commonwealth" j unwor
thy of the confluence of ati enlightened
community, Such a desperate manoeuvre
only shows the desperation of the Whig
party.
From Kendall's Expositor.
Who ptys a Tariff lux? Vs effects
irponftrmtrs, pfaiters, Mechanics, tabor
trs, professional men, merchants, $-c. $c.
wlun laid for revenue onfu.
He fore we proceed in our examination of
ihe arguments in favor of a protective tariff,
let us further consider and illustrate the
t fl". cts of tariff taxation in general on v.ie
different inieri sis of society.
At Hie present rate tf expenditure, it will
t:ike at leat miry-live millions of dollars
annually to carry on !be Government and
make any progress in payment of ihe na
tional delrt. Puis is ln d iiiars a head
for every man, w out m and child, black and
white, in ihe United States.
This amount is to be paid by a tariff of
duties on unpolled merchandise,, equal to
one t'lin! of its. value.
N w, ichal pays this fax? Foe for
eign procurer or maim hieuii er tloes not
fiay, it: for his articles a'es'dd tti oxir mer
chants before it is collected. Our mer
chants ihemselvfs pay it to Government
when ihcy land the gn.vls in tins country.
Hut does it finally come out of the mer
chant ? Not at all. or only -o far as they
are cou-ti.ners. They add the tax to the
price of the goods, with a proffil upon it.
ami make no- orAi oni li.nri "t it l.a K
io tht in. The scroinl purcliaper and the
third do the same thing, until ihe goods are
tv-Might for consumption by the farmer,
planter, tirechanic, laborer, professional
n, an. ami t! vilhers who u-e or consume
such ariM-les. Of course, n is these who
tilmiMU ly piv the iax o rfn f ioveriimeiii,
increased by the prollit of the first pur
chaser raises it to at least thiity-ihree and
or.e-lhird, of the second to thtrij'-se ven, of
the third to about forty-three, and soon, in
creasing ten' t ei.ty-fi ve percent, as they
Iass thiough the hands of each successie
dealer. Hut for purposes of illu-tration.
we will assume that the duties are thirty
percent increased only to thirty -three ami
one-third when they come iiita the hands
of ihe consumer.
The consequence te. that the farmer, me
chanic, and oilier consumers pay fifty per
cent, more for what they buy than they
would otherwise have to pay.
What we are most anxious lo etTi ri is.
to make these f lasses fully sensible of the
real effect of this .-ystem upon their indus
try and interests.
Can it be the interest of the fanner to
make him cive three bushels of wheat,
corn, rye, outs, potatoes, or three pounds
of meat, butler, cheese, woof, $'C.
fir that which would otherwise cost hiin
but two ?
Suppose the Government were to per
mit foreign goods to come in free, thereby
reducing the prices one-third, and instead
of a tariff, were to station its officers at the
f irmers' doors to take for the use of the
Government one-third of all the produce,
meat, poultiy, wool, and whatever else
they send out to sell, wonld they not con
sider it a mnnstrous tax ?
If, instead of a tariff adding fifiy per
cent to the price of merchandise ami gro
ceries, the Government were to take from
the mechanic and laborer one third of the
money they now spend for those articles or
rather should make them work for the
Government one day out of three during the
pei iod now occupied by them in earning thai
portion of their money, would they not
consider :t intolerable oppression ?
There are no classes who spend a larger
portion of their income in purchasing for
eign commodities than lawyers, doctors,
and divines. What imprest have they in
paying fifty per cent, more than the regu
lar and fair price for those commodities?
And what interest have the merchants
themselves in litis ysiem ? They, io
common with the larmers, are taxed fifty
per cent, on their consumption of foreign
and as a class they consume more than any
other. Yet, it does not increase their
j profit.
If a third of the capital invested
in goods were not required to pay the duty,
ihey could purchase fifty per cent, mor
goods; and if one-third of the farmers im
mechanics surplus were noi required to
refund ibis dutv to the merchants, those
classes would buy more goods. The con
- iseqmce is, that the merchants, like the
farmers, are mi la by a tariff to pav a tax
in ti4 i ii mil ttf f:-eig-i g n cniS'imed
on their families without ihe least return.
Indeed a high tar ff is injurious to t hrrr
business by lessening, and in some rases
annihilating, the ability of other classes to
purchase of them.
Let us take another view of the effects
of tariff action upon the industry of a
people .
Tra.le, so far n pr vliicer are concern
ed, is but an interchange f commodities
between producers of different countries or
of the same country. The merchants and
all those employed in buying, transport
ing, and selling, are but the agents of the
producers, paid for their services on! of the
articles bought, transported, a ad sold, or
out of the moneys rec-ived fir them, (which
amounts to the same thing.) If ;!ie pro
ducers could make these exchanges without
the aid of these agen's. they would get
much more in return for th product and
would efnny am wz themselves the entire
fruits of the mutual industry.
There 'are two neighhors living close
together; one has pork to spare ami wains
corn, the other has corn to sp.ire and wants
poik. If ihey exchange corn for pork
without the intervention of a trader, it is
evident ihat so far, ihev enj'vy between
them the entire fruits of their own indus
try. Hut it i o herwise if they sell their
corn and pork to a merchant and buy of
him the article wanted. The merchant
lakes every fen'h pound of the pok an l
every tenth bush' I of Ihe. cosa to feed his
own fiiinily.ai sells ihe remaining nine
for as nui'dt as he g vc for the ten. T ois,
the Iwo farm ers, in-iva 1 of enjoying be
tween them the entire fruits of iheir own
industry, lose one fen'h by empl tying this
agency to do the business for them; and
thus it is ihat the merchant's support and
wealth come out of the farmers and other
suppose the Government were lo
station its agent in the road between ihe
farmers' bouses, with instructions io slop
their wagons, and fake out for the use
of the Government one-third of all the
ptrk a id com sent for exchange, or sale,
or acftriflif exchanged, would tuey steem
n a benefit worthy of their gratitude and
applause? -
If ihe farmers live I in different townships
and the tax gatherers were stall met! on tht
line between t!i in, would il make ihe ma
ler a whit less objectionable? If they live
in different States a'nd the lax gatherer were
upon the borders of ihe Stales. wuu'IJ not
the effect be the same?
Am! il they, live in tl'fferent nations and
ihe lax gatherer is found on their coasts or
their boundaries. Inking for the use of
Government one-third nf all that comes
innr goes out, one or both, how can it
he any benefit io the farmer, m the one
side tir ihe other? Can tl lie an advantage
to him lo lose - one-third ol his crops nf
grain or oilier produce? If so. let him
raie a stock of squirrels, rats, and mice,
hawks, crows, anil huzzarus, lo eat il up
and save further trouble.
It is 'obviously the interest of the farmer,
to exchange his surplus fur what he wauls,
wiih his neighbor farmer or other produ
cers; without any d duciion. at all, either
f r merchants profit or Government lax
In exchanges with producers living in dif
ferent Stales ami nations, the intervention
of merchants is not to be avoided, and their
profit is a fair deduction from the surplus
products sold or exchanged for their pro
ceeds. Hut the interposition of Govern
ments taking a third or half of ihe articles
exchanged for iheir own uses, is nol a ne
ivssary incident M the transaction, and is a
lax on all clashes of Consumers, acting with
blighting effect, both directly and indirect
ly, on ihe great mass of producers in both
countries directly in tak.ng from them a
lrge portion of their surplus produce; in
directly in lessening the ability of their
neighbors or fellow-pro iucers lo purchase
the b lance. If I have pork to sell and my
neighbor has corn, ami ihe Government
take from me one-third of my p irk, I can
not, wuh the ot:ier two-in mi.-, imv so
much of his corn. market for corn is
therefore impaired by the Government lax
upon me. So, il ihe Government lake a
third of his c rn, u in like manner impairs
my maiket for pOrk. Thus, a tax upon
one is an injury lo both, and an equal
lax upon both doubles the injury.
Yn ibis view, we have confined ourself
to the natural and necessary effect of tariff
taxation, independent of the object for
which it is levied. These are its effects
upon different classes nf society when im
posed for purposes of revenue only. W e
betr our rentiers to consider whether there
is any lhing untrue or unsound in our
premises or conclusions; tor our only ob
ject is to lead them to the truth. If any
one thinks he sees any thing erroneous in
ihpui. and ill favtir us with a condensed
statement or arguments adverse to our con
elttsion. we will most cheerfully give it
insertion in the Democrat.
In the meaui'me, we shall mature some
views as to the effects of a retaliatory
tariff, a measure now vehemently urged
upon our Government,
Prom Gouge's Journal of tanking.
ORIGIN OF PAPER MONtY.
Il is a fact well worthy of notice, that
in nil countries whicli D'.yer money
lias been introduced, ,t has owed its origin,
noi to the demands of commerce, but to ihe
necessities of the State. The reason fur
ibis) is, that commerce creates its own
ineijnm. In .ommerce, conducted on le
gilitiaie principles, mere promises to pay
are Sever submitted for actual payment.
The merchant may buy much on trust,
but ttliHi the Jay arrives on which he has
promised lo pay, he win, tr
hones), fulfil his engagements.
Thi necessities of the State, in very
cient imes, introduced paper money
Chinaiiiito Tartarv. mi India, ami
an
into into
Persia! And in modern, or comparatively
mnder ti ne-, the neces-ilies of ihe Stale
have nirothiced paper money into Italy,
Spai.i Portugal. Fiance, Germany. Rus
sia. S.veden, Denmark. Great Britain,
ihe Uiitfcd Stales, Hrazd, and Buenos Ay
res. !
Thre are some who suppose, or seem
losiiptose, that w ithout paper money there
w.iuly be little or no commerce. We
wouh eall their attention lo the fici, ihni in
no oik country did ihe necessities of eooi
mercf give ri-e to the use of paper atomy
Theiact is of importance.
Tie Bank of England was established
on mmlitioii of lending all its capital to
G. imminent. The first issue of paper
moiey in mis country was made by Massa
c'lihetts in 1 03 J. not to serve the purposes
ol CMiimeiee. bill lo saii fy the demand
of fcne clamorous soldiers. The next
was made by South Carolina in 1712, lo
defny the expenses of jn expedition against
the Tuscaroras. The first of our regularly
c matinied paper money banks was the
Bark of North America. Private hem
lug was undoubtedly at ihe bottom of this,
buiihe schemers owed their success en
ttrej lo the hopes they held out of re'iev
togby their new institution the pecuniary
waits of Government. The like is true
t.f he firs' Bank of the United States.
tanks have, indeed, been e-tablished in
diferent countries, solely to aid the opera'
ipns of commerce. Of this kind were the
hoiks of Hamburg &, Amsterdam. Bui they
vere harl money tisnks.
SANTA ANNA AND TEXAS.
The C-lobe gives the follow irg circum
stances to exhibit the hypocrisy .of the
Mexican Autocrat. Western Carolinian.
ll is s'ngular mat Santa Anna should
again invade Texas. His views of his du
ty to .Mexico have undergone a great change
since he was in Washington, or the pin
ions he expressed here were deeply imbued
with dissimulation. We were present at
his private interview with (Jen. Jackson,
(Mr. Forsyth acting as the interpreter he
iween them,) whii Santa Anna declared
that there must be an everlasting separation
between Mexico and Texas. He spoke
of ihe character of the two people, and
their respective position4, as tendering this
inevitable and their recent rupture as one
that could never be healed. We remember
the fig ire with which he illustrated ibis
pari of his eloquent conversation. lie
sai 1 ihat Texas was then to Mexico a bro
ken, limb, so utterly incapable of a sound
reunion, ihat amputation was indispensa
ble, to preserve Mexico itself.
W i It the greaiest apparent frankness,
however, he told (Jen. Jackson, that, un
der the circumstances i i which he return
ed to Mexico, lie could not acl efficiently
to accomplish what was so desirable; that
to advocate, in the prejudiced state of
feeling in Mexico, the independence of
Texas, would be looked upon in bun as
treason, purchased by if.e gift of his lif ;
and that to exert his influence immediate
y for thai obieci. would only serve to
cover him with dishonor, and deprive him
of all power to siccomplish what, at the
proper time, in anothe" slate of puhln
feeling, he would most eagerly contribute
io effect. From bis letters now, it would
seem that all this was hypocrisy and ihat
be nourished no'.hirg but feelings of re- j
veitge for bis humiliation, widiout one
grauful recollection of the magnanimity
which restored him to life, liberty, and
power.
From the Western Carolinian.
THE DISTRIBUTION BIMj.
Mr. Tyler has sent a special Message to
Congress recommend'ng in fetrong terms
ihe r.peal of the Distribution Law, and a
pledge of the proceeds of the PuMin Ijands
lo pay the interest of the public debt. He
says t!i::i lip considered the act at the time
of iis passage, a .ti?. jt!-t, and hnifficeni
foeasii'e, but lias now changed bis views,
and think that: "to continue it in force
while there ia aosuch surplus to distribute,
and then it is manifestly necessary nol only
to iurrease the duties, bul at the same ltne
lo borrow money in order to liquidate the
the pubhc debt and disembarrass ihe pub
lic Treasury, would cause u to h regarded
as an niiuise alternation of ihe best recuri
v of the pubhc creditor, which would with
difficulty be excused, and coulJ nol be jus
tified." It is well that Mr. Tyler has at Iat dis
covered this. Tims the people see the
miserable measures of ih Ex'ra Session
abandoned of nee ssuy before t.'iey go into
operation, by some of ihe very leaders who
nipt l.i vvYeje 'led ny a Virf majority in ihe
House, and only n it rejected, from char.ee,
n the Senate, of ihe same Congress ihat
passed ii ; and now ttie great boasted
measure of the party, the Bnbtry Bill by
which Mr. Clay hoptd in buv up the
Slates, and ride into the Presidential Chair,
declared by the Whig President to be "an
wnvise alienation" of ih public money,
thai "could mo he juufid" audits re
peal recommended !
Glorious Prospects ahead. Mr.. Tyler
gives Congress ihe satisfactory information,
in bis la e specral messag , that although
the loan bill for five millions of dollars
pending before Cougn s, passes, making
ihe National debt twenty two millions,
still there will be a deficiency in the Trea
sury ot two and a half millions, io meei
the estimates for ihe year. Tnis must be
raised bv iueieasing the Tariff laxrs. So'
we tro squander horrow tax. I lunge
. . . . . u oi
deeper ami deeper iuio debt every day
litis gives a pretext for raising the Tariff
up up "ill it is high enough to protect the
Northern manufactures luat is, to oppress
ami plunder the Sou:!i effectually. This
is the policy an ! aim of Federal ex'rava
gauce and prolligacy in expenditures. lb.
C7The Whiggery used to abuse the
Democratic pariy with what was then con
sidered, great violence, but there can be no
sort ol comparison Detween ihat, am! the
brotherly nonces. ihy are bestowing on
one another vow. Their denunciations of
the Democrats were harsh and vulgar;
their abuse of each other is not only gross
ly unmeasured, but absolutely ferocious:
such names as traitors, renegades, knaves.
and the like are common terms ot recipro
cal application. If ihey are to be respec
lively believed, there never exited upon the
lace of the earth two more dishonest and
utterly cotrupl factions than those vertla
hle thvisons of ihe great Whig party which
ha heretofore claimed "all the talent and
decency" of the country. Of course the
Democrats never 'doubt or dispute what
eiiiier party says of the oilier ihat would
be disrespee ful. 76.
THE B3 Iran TW 33 -Wilis P30.UIS33.
As Mr. Clay is about retiring to the
shades of Ah am!, it maybe will to re
mind him of the promises he mailt bct'on
the iast election, ami contrast iheoi wim
the present coudi'iou ol iiffors which 'ev
ery opoiieut of Ihe late Ail.iiitu-tiali u ad
mits is worse titan any thing experienced
under .Mr Van Buren.
On Hie lib of July, 1 S 10, in his speech
at Hanover, .Mr. ('lay said:
" The fact of General Harrison's elec
tion will nf itself powerfully e miribute lo
ihe security and prosperity t.f the people.
Confidence will immediately revive, credit
will be restored, active business will re;iirn,
ami 1 1; prices of products and the wages
of labor will rise."'
Instead of thN, those who were deceiv
ed mm the belief thai the remedy for over
ciedit, overbanking. and over speculation,
lav in a change of Administration, ami ex
pected plemy of in-mey, ami "two dollars
a tlay and roast bet f" f o ihe laborer, are
compelled lo txclain with Gov. John Da
vis, when be taunt- d the last Administra
lion: " V here is ihe golden era of fiuiiioii?
The aching eyes of many are stretched in
vain afier U. while it letedes like the mir
ag of ihe tlesi-rt before the weary travel
ler." Boston Post.
From the Hartford Times.
THE CONDITION OF TUZ COUNTRY:.
In a period of profound peace, we find
the country ovtrwhtlmed in pecuniary
embarra-smetit the Government totally
unable 10 meet the demands made against
il ttie treasury peifeeily exhausted our
expenses increased in a single ye;.r many
millions: a rapidiv men a-ing 1. ...mail debt,
ami those entrusted with power advocating
largely increased taxation. Ibis is the
condition of ihe cosntiy, and this is ihe
promised relief. Instead of reducing the
expenditures- from lweniy-oue millotis to
thirteen millions, as was promised before
the election of these whig financiers, the
expenditures are carried i:p to more than
thirty-two millions. These are the prom-
ISCO oiessiugs 01 a "oij; aoui uosn a 0 0.
. . .-. 1 , ?
The financiers who have uphe.d the Uci-
ted Stales Hank, and extolled the financial
skill of Nicholas liiddle an 1 Ins associa es,
t 11.. . . r ..1.:.. 1 ,,n r
are now manag eg the affairs ol the mighiy
nation, with like skill and bke rtsull.
Ii is not suipri;-. !hv. h bigs dislike
1 to dwell upon the cor-vc i oe coau-
trv. It is an unpleasant l.p:r lo them,,
end tlie very worst that can Int introduce 1
to their consideration on the eve of lection.
But as there htj intelligent I patriotic
men who like facts, we submit to them ihe
j itdloTT'-.g extract from the financial writer
in i!:e New lork Herald:
The disgraceful c..::!on of ihe Gov
ernment finances, the daily dishonor of i'
obligations; ihe little prospect thai vrl X
isis f a speedy termination to exisiiug dd
acuities has called from the President a
special message to Cou jress on the subject,
i r M.ort of the Si cretarv
-i. Treasury in relation l the existing
and accruing claims on the Treasury t urine
the next ninety days, lite means of n et ting
theui. Tliee docu:neu;s w di be found
in another column, prion ibe-e it pp am
lh;:t ihe deficiency np l June next, will
be 3 255.GS8, if i lie receipts pmve as
large as a e estimated. Thi-. added lo ihe
Treasury notes outstanding on the 1 si insU
w ill make :1te national debt reach the lot
low ing siitii :
Treasury notes outstanding
Marcu 1st,
Treasury notes to ba isued,
Dc'ticil 4er report,
i'uiiiicd debt,
$8533.15
3 o4.bo6
$19 760 333
5.U4,04
Total actual debt,
" " March, 1S12,
Increase of debt,
showing an increase of neir $l5.0UU.wuu
I in ilit. debt, uoiu ltiistaiuling H'l l" ' ""
. ,., ..remit' exceeding;
" J - J
,t...uo .r IsMfl 'Isos stiii' ol all .urn is n.e
more disgraceful when we look Hack upon
the eveu.s nf ihe past year, and n int-mii.-r
that the extra ues'siou was called by mo
pariizans ol Mr. Clay, t xpres-ly m obvi
ate the financial didicuities supposed it)
exist. The pariy lud ridden into power
under promises of "relief." The 011118
proposed lo obtain lhal relief were l bor
row, create dehis, ami paper money; ac
cordingly the first thiiHjdone 10 relieve lift?
Treasury was 10 give away ihe laud reve
uues. Having gol clea nf lhal permanent
source of revenue, a loan was projected,
without setting aparl any lhing i
either principle or iMcrest. In fact, ilo
only property ihat cou d be appiopriaied
to that purpose the "Und revenuts
had been given away.
The next measure of relief was to cre
ate a b?nk lhal would fill the hands unJ
pockets of speculators, and politicians wuli
hank paper, and through theui inundate
ihe country with promises thai could nev
er have been kept. This precious scheme
was d feated by the firmness and f itesight
f the President, and had il not been,
could not have g me into operation hrst,
ifoause individual- would n o trust i'.. ai l
-econd because the Government, as it t im
d o-it, could not ll' gotiale the loans iliat
t en ni'eiided as a basis for ihe concern..
Slaving devised I use sche ues of r:ii-i
fo wind, expenditures were :nc:ea-ed
5. 000. GOO. in onlt r to fulfil promises of
rcir-iiiiim'iu " Time wore 011 10 die
regular session. Ti e Treasurer had not
bee-1 able I 1 obtain his loans. The issues
of Treasury notes wire heeoinmg l-'ig'",
and a factious Congress was disposed lo
do nothing bm forward lite most coiitt-ni-'ibln
schemes of political f""1'1"'' wi.uns
only claims upon ihe country consist in ihe
persevering recklessness w all which iht-y
have looked afitr ihir individual mleresi
through a long, Ifi, and whose juggling
tricks have been trumptetl through u con u l
press as acts of patriolsm. These people
have beer., and are bent upon destroying
the chancier of the country, for no other
reason than the hop.- thai by thwarting tho
Executive in his endeavors to renova:e the
fi-eal concerns of the Government, ihey
may throw the odium of the dishonor ihe
country is undergoing upon him, ami there
by further their own selfish views. This
is the real cause of the inaction of Con
gress, amiJ the disgrace which surrounds
them.
The following (stiV ihe Richmond Com,
piler) is one of Ihe most inching tales nf
human alH.ciion we remember lo have read
for many a tlay. We find' 11 Jin ihe Kana
wha Republican of 5;h inst.
'Finn. Senfiml.
Kanawha, Salines, F.b. 25 h, 1812.
Heart kiin ding Occcrkknce. On ihe
1 G1I1 f February, Mr. William McCiung
left his peaceful habitation, his w if. ami
J four children, in I'te wilderness nf Nichol.,
county, Va, and went to Siiminersville u
transact some business, with an iuteiitioii
o return home that evening, but ihe moun
tain storm became so imcine in ihe after
no in that he declined d ling 00. His wifd
an 1 children having retired to rest, wv're
alarmed al a late hour by the buna 15 -t
; . . . , .
I ii... r house. Sne escaped with her .UtlJ
Lir " ' lse- '"c "
! ones front the violence of me Uuvotinur
n,c but ala8 ! alas! it was only to perish.
1 . DCiln,tf9 f xiB piiih'ss storm !
j ......
The next day when Mr. McClunj re
tajiud home, be found bis hftUcconsaaje4