Newspapers / The Durham Recorder (Durham, … / Nov. 26, 1828, edition 1 / Page 2
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?.vi th? whole people. Railroads pre sently biacrh "ft* fr?m the main artery, givxtg a quick sod energetic circulation of *. r?c|c and w?al h tu ihr utmoti ex trenitie*. In such a st iic of things, all t)l>l|tiC'.i ??? arc instantly ab<itiab?'t be. twti-n ifte pjor an t h neb. Tne ?r?ie a <d wruh'iy larqier is immensely bcn?* fiile I moving a!' th?- 'hlTerence ne !w(t; i the uiil x pensive method of transportation a -."4 tlic new Th# poor nun can now en; y the -?amr privile^r* at the rich, tic can now gathe* up all th- lit c articles he to sparr, me but' -, cheese, pniatoe,, WH'i', fl?x se-1. Ia> d. v - r y prolusion ol hts wn indus v ot i hat ol hi* fa oily, pack, th.. m :?e illy .->g liier, an-' in a few miles, in tif ?v -* '..er, and with a li <?t heart, ca r? he'n ioto a rna'ket li e* ally tct tim.% beuei *li?ii tie ccuid hy the old mc.b >d i?>ou^h he tia-l all the me <ns of w tg'Ms - and imrs-1 posse?'.d ' y ihe ri N ?* ihr poor jn' helpl?*as wid ow, ie'. " contcii't with iht 'ffi ul an I x>e:?cs of * numrr >ut fiinily, and tth'i is Mile to cul'ivjtr a frw iciei oi . ground, ran p|ac. r orpnan b<>v i|>Od the bark ol a hor->e wi n even wo or | I >.re? bushed o! g'ai- ? or* whatever she hu> lo spar/:. anJ in a fr-i h-mrs ne i? in as go ?il a ma- kit t-?r p'icrs. or pay men in C'?sh ??r gju^s as 'he richest m -n in the co .o'iy N ? <t??' e- if tin lives a a .'is a e tru n the H i roa T ? e any \?h. >e up n th?i i? sc<sn ly d'ff ent frooi oen.jj jt N.wbrrn, nno e?? t he ui p.'&siblc rem-ival of <10 50 .? nes Iroin it, by the eterpiisc auj .-uiulatinn ol mcrc*>ants, the differ r ncc tor carriage is altogether trflin*. Now th? re is no longer need for these vast and expcnuve wagons and power ful teams, the rar<h groaning un er their weight, and the stunning noise ol the bells a*elling th-- owot'i bosom with pride and exuita'ton over others less favored tha > himself* while he car ric> <?ff the fruits ol hts po> r neighbor's toil, purchased upor t*c most pitching priics n a home irt rkc , that he may enr?ch himself twr.h ht:r profit* in the market of >hc world. Now a sirjj.r h .rse, a car1, or ? wi ,:on Signt ennu.' ? for ?>ne ^rtwoani sis i.? ufn ?eti ,ljp. i'ii ?>? e tao?? with ht? -pui ? ' ni l ui ci iii of a brothe' >y hc;-?'dc, i?e ?> < he and i.*xom d&u -h ? r of : ie '? ,mi.y. thv ro?r in h i cheek, tbr chtrry <>n c-r lip. ?nd the b tm o? briRtv f:rwsp?cis, in n*' *?- c<jn enjoy th? tniiiestaol fur c aa.s lr"? ?jierchari . up- n I o-? ter tet to* vnH<? ?>??., r m,y h .p.. to . ffect. ;^hon "in his a few she p -..oi?i?a ?**..| * In jptrt from '? - can m kc ' th- ;r own c??-ric.r0t ???'Mi r exjc ns? ?j trans ia:i*?n, and ha** all ?bc s^n ?lm ? m t if opi"?' aJ.inarkri ^rii ,h?- Sibf c,n ?.f '; -?Vufh * litrTi %? t on i '' "u&rr, ,rt'"? !h* 8 COm,n<' H prctl .ik .ia* 01 a C< ? ot the poor, jary a? ,;,t p, .jdu . | \ * .?o ,-u??TOtCi the ? rmr*e> ?>1 ihc { III. i, ? I n* I f|j1i -0 "bvatt.s p 1 u.iu-!y 'or th? ,?cr' l> ?' a,'? *'* t e?p> ? ialy i is -a- 1 ?tntia! to thai laig- jm iiiipt r?div por tio o *h' p.-oj ) , t?no-e in igc-nce and ? rci;ri< trd ciKymnani e< arr nuc that j the) are wholly shut out fr?.m the op- > pm tunnies ? n joyed by n.e n n. I CARLTON. r ?" ? ?-? ' 'iii ? ? u ii j GOVERNOR'S MESSAGE. To the Honorable the General Asttmbly oj JS'orlh Carolini. Gentlemen, i, ? <? ? e* you in your Ilgisla ti? cry. I c??i.({? ??ula c you upon hn?-n. . 3?rai)icrl hi ? period, peculiar I) ,.r ?p.ttjua to < altn deliberation and to th? exercisc of the highest faculties of th statesman Our country i? in pro fiui'ri peace. A degree ot harmony ami mutual good tec. log, almost urparaik-l I ??, prevails throughout our atate tven tnt Ititle ?trife, wi< h ihe recent Co-1' c ? ' 'or the presidential ihair x i ttd >mong us, is hu h 0 into s-leice, ani y<?or mind* are lr.li ? o >l and . ? lit te to tvrte all their tnrrgit-* to ihc improtr ment <?f ?>ur s-ca! omtji I?, Liriig '.he p?st year, ?,on<. ?. .yd. Ii<*?c g. th red ?r? ou> p ? ? ! ic ? I jtmov p.tir yet w. ha* <. vh?n an' i- j-cn. m b< i^-a- t "I 'o t-.al A -nig: y Ii i- . ;? m .tr hiifil* arc hv.' ? rb i tire i o' '?*. in a> " in ivi' uals for the mu y i#;. iu t vkl-.t lit has vourh*a -u to ?>es> T u<: la o?r s ot tlie lit* >a< m.n? h.? h<; ii ?. ?? rJe'' wii i an ? X'<ib? am f.nr f?. ; ii. in e- .ii . my h-*.?t >ii cv u c ; cdu'-a io i an i nt )i*ei.c hivo . )'> 'Hoc ! lo he 'fF?.?-od o>i' z -i the ilend J r ol n r <. uri? j rx >< i' t>i|! lew Hen ? o an atrori <?? - nj mt ; vi?i hmltn, wiim snrne Ui.t ho I* xr. . pix.'is, ha? ?h? (I t?s hitig* i . H <?.n i ?.? ? < ur laid Another y* a too has it i'.d i '? ? ii-fogt'i it t, r pol I. cal in?n uti' n? dnd giver; nev? rvirte c o' r?c pijnty and aimlom < )?c p'l n p'i - ? pi?n \? lnc |> ih y are louiide * . B. ?rt'<aiJ,k.g,dc? orrlii g to a cii? his rip tud into a < u'y. <?p r the uti ne i?ubp c * o' t'-rernal p?.li C y ?? i??r ;-i %k ? J p b b>v ? ngagr your a ? I* 1 " . 'ii" i.r ? a i* i r ? ? a rfi u <ii re ft' 'lit U .1 i S i'i /'r ?i inm nr , a -|?i p. trd iinttf your lur. icisioo, id wh.ch not ioly your immediate interests, but your I c rights as a member of he confederation, I | are involved. I> iawitn gr- at reluc tance I ? that 1 address you on any art of <he t on k I stunted authorittea of the nation. Did it embrace a question of mere oidtuaiy political expe tiency, 1 should be the last to p.*ce it oeloie ytnj a? a legiti mate subject for your delibcraiiooa. North Caolina, warmly attached to the union. *t|i tieifer complain of any mea bute. ho*evcr hardly tt may bear upon her individual interest, if it is iiecc??ary lor the gener ?l welfare, and if it dor* not infringe ih? lights re?.erveJ hy each . state in the Fed ral Compact. We , hire brrnr. mnhout mm muring, all the ( privations imp - ed by the embargo; , w c oavi C(>rar< ni<tt towards the piose cu'-ion cf i he law war our ??bar*- o! trea sure ami of blooo, of lorti'ure and , ronsuncy; *?e have annually* lor ma ny years, paid into the national trea I -uiy, in n>dstf(t taxes, little less than ? million ?>t t'oliars. i'he*e things we iuve done not because *c were in ? ei stole o the omthen, but Oca use we bciie?*d he welf-tre of tne union re- , qui. e i ??ur ex- nions. Bu' now a new. j q <? *:i<>n is pre?entc to u-? Comrre?s j m?e ?^?u'Ilel^ the principle, thai they j have power to mo. Id and -tree' the in | dus ry of the nation* o any po'suit i ??tin.h thev -ay thmk most * 'visablr, anc tu make ail other br?.>ches -lihuia rv to hut whi' h th- j rr. iy cho ?se t<i se? lect. By an ae passed at toe Ijsi st * %ioo, common y ai|< d th<- TVsflF Ac, imposing duties amounting to * o< > n ; - bi'ion upon the importation ol coaist woollen and cot oo fabrics, and upmi aoiuc o licr articles, they declare, in j substance, that the consumers of these i manufactures, including the mass of ? our ruaimuni'v ?^?'?cludinir all t be agri culturists, and all employed in com roe ice? -in fact, all engaged ib other pursuits than tho?e of manutnetnres, , sh?li pay an enhanced i>r?cr lor articles I of jifiiiL necf-si'y What in this but s ! tax, .vnet'ier ihi- enhanced pr ce is p id ! lii'o he n, tonal treasury or in the shape j of a O'M.my o he domestic manufaciu" ' ret? A"d whence is derived the pow* j st of the general governmrnt lo levy a ; tax ttpoo *.i?e portion ot the community t .i t.\e exclusive bein fit ol anothn? Dev-niilv Vas the union was desired, write re "ie stale (hat wouid have ?ur< rcn.lei.tl any p-rt of its aoven ignty, if ?t i h be u nd tna' ibe regulation of its int o i>y, -f in: chosen pursuits of its !*'.? ?>, he most valuable portion of Ms ???? ? m >1 economy, was to oe included -o cession? N?i h Carolina, 1 am , OH' nj'.lo'i l.i CArij i?<> an* x cf-d our foreign commer^j T rus Tji fl' system is in destroy it. Our u. kj:? was to protect one state from 'he ufijtiv a. d illiberal commeri lal re^ula* , tioti? ot annthci. This" Amei it ai> Sys? tern" gives to the mrtjori y ir Cong'eas j ?%i hi>ut tcgaro (o he ri??!?l- or intetests i ot p iriicul .r stair*, the power to bestow ; b?>unurs < n one section ol our country, - atio to impose < orresponding burthens ufjonarcf.tr Equality of rights; an < rj'j*i par i u ipation of benefits and bur t. n-'t exemption from taxation, except when i he general jfood 19 !?? be pro<uo? terl; ihe iibcriy of adopting, unmolested, any pursuit or profession not forbidden ?ur reasons o! public policy ? these, we ha?r been taught to believe, aro among the gr?-at blessings aecured by a repub* ' lican goTcmmcnt. Are not all these set at nought oy the Tariff system? The benefits which it conlers arc confined to a f. w; the bunhtns it imposes are borne by tin many. The wealthy manufartu- ' rer will reap his profit, because by the ! txcluainno foreign competition tie will obtain a higner prn e fot his manufac* turc. The agriculturist, whether rich or poor, toe owner of lar^e plantations, equally with the hardy yeoman who contributes mos to ihe solid wealth ol j hut io.ift"y. ?nd upon who->e arm that c 'Uirry ? e I i ? for ?i* ddeict, ia com* | pellei ?t he unit mjo.cn; to pjy m->re ; tor whv oe C'-mum s, aod to rcieivc ' i ie->s lot int pi'/' uctol his labor. VVha', t posstblr . ap gravd'-'s ' oe injustice of i nt ikc tsurc i s ihflucoce ?* section*!. i I' ne -tates in which, f'nm well k'towu ri.itel <nanui etoiics > an Or mott ad l - ?? !<dg( .J'.'lp pt s <t-o. W 1 1 1 Ijrt c om* , ? e a. , i . atone degree, tor ? lae l?>s? j * " >t nr pm l'? ? I M Ci'izuns Nu?, ' a .1 o? wt 'till w In co another uc t i (]?.: B it in ib?- s -u lit.rn st. trvwhotc , ? - .r- css'-oiiuiy ?gucultural i j ? ,tl ' ??d ui no icmtive b<tla _ c pp'M?ion i? wholly unm ii# 4 < g.i < Tue H its p:?-< iled to ih's ad. I i rt ^ i i t pi ?'?>!? in: to dwell moie I i i t mi up n 'he odious character of i till- |-*W ?? >1 t ? oppt r Sttlvr cfforls J ( >?tii h i'- ptir-t loll hum produce upon i i he ? triors i ilei sm ol this st tte. Ex- i c.i g ? i h?> ? i. in , a ?ery , ei eral and ( |u* in ion in in minds of our rj. i tcii i I h v i lought ii my ftuty to s M. ni i' to you, a. toe reprt tentative* c of he p ? ? s *?ic M sentinels on the I *4 ? > t>'#t- " 'h* y >?! might, il any < co i i oi o at mean* . rormed t h- in- ' i si It-, 'ii i pise otD bet wren yaur I i continuum and the threatened ntii? | ? hief. I will >Ui> of cffrctu* >t the cute lep heard sugge from insut t tolLlion of t thought o>. I .to on he spirit of the violated. at your cinsc ptotcat solemn! thus adopted b ly ccof<u that do .jtftame* on the part _H?rr, whu h I hate yti ,sj^pesi> to me free lAi^konjecitons. A dia union it not to be believe, however, aa >t occasion, that the I Compact has heei> injustice floor io mend to .you to >t the prii.ripU who admintatei ... ? ^ .-?.^'"fnent; to repreai tu your ientimc?? to them and to your shier states. In the language of mild and fticn^iy re.oonatraneet but wiO the energy ?i|jh the ' ulrage of Con scious rii?ht ilspires, wiih the leiling uf dee;; attarUm^nt tu the unn-ft; iw) aw ful forebo'li'tJ a* to any rpjrture from it" 1< Ritin>?J4^ii.d well utidetatood p?ji poses. 1 w>ald appeal, too, to the pa triotism and 4a t pride ol our fclln* citirro*. tu Unit tUeir aid, in.livu?u*lly, in a*? nini; immediate cvii ? fleet* of this syste^i I would say to thciu? Return to tb^ p'u cut and ?co >oii?i.a hsoit- ot y?Uf athers; discard for luxti'tef; r?* n > Upendem on other | stales (or wlut you < n grow or fabri [ <.atr yi-ur clir?; manufacture yourow I lo'hc* :?y f.?ur household innuMry | make your iwn provisions. You w*l| suff r manv' inconvc. icDcea* ?--d your ' profi'N ttiitjao: b?- j* great as it you had . a t<et tra'te; !>u* you will, at least, not feri the hu?a?l"?i?.>n of paying a tax tm ' posed on yoi lo'i 'he benefit of a greedy capitalist oip the speculative politician. Toe v*faltby manufacture! will not havr you *0i his tributaries; and the I vrre^jy^e wnt?*h urged him to the i en ictmenf CT it s law. will drive him ' to seek for its repeal. It the restrictive system ia mbe ?as??.ned --n ua, we -haw this cons' -I^Woo, that North Carolina is as capable ?a any state in the union of subsisting upon her own reiource*, in dependent of foreign commerce, or of coreroerc* with her sister states W h a soil happily diversified, with a clt.:.a;c Corresponding with 'he lich tsj arid variety ot her soil, with ncariy all the useful mineeela embedded in her moun tain?* wi b inrjchaustible pastures, with (a hardy and tnduvri- us population 1 tbrre is not ao article ;hat necessity dt roanua, scarcey one that comfort re quires. anH few that minister to luxury, which lrcu#rlls, her forests, her rivers, I or her roo?.n;nins cannot produce, or J ffer >n<:uv ry fabricate within Iter own I limits. Bu' I cannot yet abandon my . reliance upon ihe good sense am' jus I tire oft>uf lellow cinz.ni 'hioug-ioui T'?e t?Sjm^?latcs. I tee. ? confidence. J arnmK in the in'cHjpeiice ( ?nd J.. Rcnunate de!usk>o, ? r? an ? jfcal c.u?-s.anij partly by the t.nirtg politicians, had b'-rn TfffF&d ovtc ? great pa'? ol our coin-try A little time, a link lefleuion, 01 tiie part of the great body of the people wiil pro'taoiy dissipate ibis delusu;- . and restore he period when euch on-, unaided by government bounties, ao unuppre-acd by government taxitn>. may pursue the avocation to winch h is directed l>y his talents, his intere* , or his inclination. The subject of opening and nnpr i*- ? ing our ouit jis to the ocean, of remov ing obstructions in our piTcrs, and >f providing, uy canals or rua<N, for thr more convenicn: transmission ol our produce to market, hts fo often enga ged the attention ol ?he legislature, ilia I leel, when 1 touch upo- these topics, ?II the awk?*r -ns?s ol addressing you upon trite millers. Y-.t when 1 look at the situation of our state, I cannot forbear urging upon you what has so olten elioiied the earnest recommenda tion of my p cdccessors. We now oc rupy, from our population awl tenito ry an elevated position among >he states oi the union Our relative rank cannot he ?national y, nor tan it he maintained without *xertions on our part. Almost cvrry ?iatc is Calling lorth its powers to i imptcve us internal ronliuon. Shall we alone, who have such resources, and who Could bring tnem into action by so small a ? omparative exp nditure, shrink iron* tlv a-'opt on ol the means which arc promoting the prosp r it y of oth?r<> and leading to their superiority? I, - us toi . pre** forward in the career ol infernal imp<ove<i?ent. Let u?, too, leave lor 'hi benefit ano gratitude of p i teruy, memnr ?l? ol that wise pol'cy w iii h consists no' in hoarding our mo* uvy, but in .p, dying it to uieful an 1 profitable objects. Tnere are three gteat outlets to 'he ocean, which ttaiurc seems to hjve indicated for this state: >n?. for the wa.ers of the Albrmarlo, mother for t liu waters of tnc ^auip'ico, ind the third for ihe Cape Fear. The Albemarle Sound, in lungth about sev :nty miles, w|tn an uniform depth of ?ot less than w my fe^:, receiving into is bosom, besides other rivers ol no in considerable importance, the Roanoke, he noblest river that traverses our >t?te, finds its communication with '.he >cean uoprded hy a sand bar not eight mndred yards in width. All the pro luce which floats on its waters, after coming within sight of the A lintic, rtust seek tha? o oan by a narrow itraight into the I'amptico Sound, hroupb (b?t soood a distance of eighty I c tr ninety ?>il?e, -ver dangerous -hoals. | s i:>d through the Oi ra? < ck Init.. N . e t cm lis d( the nivi^t'ii'D ol that p?r? ol i' he state (?a i?td???' ol rvrry oiher par) ? ire directed to N?* Yotk ?? the b ?t t market; and, by tnapcett -n ol the ?? #p, t < it will bn seen that, in passing through < Onscock I'tlt. an J ptucteding ?? N w t t York. ? ve?%el descending the Albe- j ' marir a?u-i sail more than oee homJrrd , ] and fitty miU-s to rtach a point on thi ; | roa^ f ?' tivr milr distant trorr tha1, a' whicn it comptllid to p<?? into < I'ju.piici. Suunit. The n?p<r;ance ol I ? ?p? oiii|* a direct rmrmtini' a ton Irom t :h? Al'u nut le t?? the oceao, ratinot be urged it- ? otote fun ibic m<*i ntr than by stating the < stent o' te-Moty which wiidK' fi:id? market lot us pioduvions, ?on ? diminished price pi i. ?nsp<>natioe through i Hat ehatifttl. Tt?e Roan- ke riffcr I- now rendered n-?in?t I tor hatteaux If m iis mouth to ihc B'ue Ri'.ge, in Vucini.., end to Leakavilie, in ttoto a'a'e. In bo.h >t?tes ita branch* ?? ere ?uaccp ible ol improvement to mvcl) big'iei . oin?s. Thcic is, pe chape, i on fiver cast of the Mississippi, which, | to proportion to its ex eui, was: es a ?note unilc soil. The rich productions j ?t its artjaceot territory have become, | both m i hie toute and in Virginia, al most proverbial. Ie this state, alone, at least eleven counties would find il the roost nature! and the most conven ient highway to market. A^t1 to these right counties, throegr. which flow the Chowan, the Cashir, <hr l't rqmmons, the IVquo ank, ih? North, the S^up | pernon*; and the Alligator rivers, each J uf a depth not lesa than twelve or fifteen ] feet, which convey the produce of a ititfh'y fertile country, and which con tribute to form or to swell the current of the Alb'tiarlc; and you will see that th? agricultural interest ol nearly one third of the sta e is deeply con- erned | in the accomplishment of this wirk. : When I mention, what would ur.doubt . edly be the fact, 'hat the freight liotn | the head ol the Aloemarlo to any part of th* worM woul'4 be as low a? it is Irom Norfolk, i' will at oner be per crived *nai immeuse sums would be saved in the transpo- tation of the mtr chanta If rti lea from that section, and of course now much would be added to ?he profit,) lc i' t uslry ol the farmer. The prac ticsbia'y ? f forming this out let. ?.a? hud is s' r. nj? evi-'eocc in its la. vor, a> any ei. terpris to whir h you can engu-f. B *i 'en the universal voice of thus* who live in 'he vionry, you have hid 'lit i- ports <>l Msjur Clark, 6i ih* *b?e VI ? Fulton and ?>f the Untied Sta*'*' E->ei": ers, ?iih General Ber nard a. tn?-ir hcj.5, ail attesting both its ! usefulness. ?KZk.*Cinss- ra?AL'- !e, islature. in*. it <? iic ravigaltnn ihrvffy . <)? k Inle . The prntisi it* of ih|s^? i- |ir?>.lM?<> opun 1 1. c asscM of congress, ? it <> y instea ' of *>antintf its assent, ? pr.'.ina1 ctl '?fi y thousand dollars 10 y t'ic i-xptr'inufi'! ?? -.fher the Swash h. " moved En^im ?ra nt the U "C1 S'di s. ?. i* u'der od, ar?* now ' ?;ag d i? op? i a .;>r>8 on lha' rk, md ' I ar. en- y n-.|>0 ?h'. irexcr ions tnaf J sutces fu' Th< 'mpiortmem of ihts ! ne I i I . k.d to wiih deep inteiest, s ii aff. ct? * |a?ye p- r ion of our most valuaole commerce. If, owing to na tural and nnaUtrsole causes, this chan nel tannot be made to answer the pur poses of navigation, it is suggested, an an interesting subject of inquiry, whe ther a ship channel of suffici nt depth cannot be constructed (o unite the low er part of Ncuse River with the harbour of Hrauiort, perhaps the most commo dious harbuur in ihe state. In connec lion with this, I would eall your alien* lion to the improvement of the Ncu*e River, at least as high as the point near est in vicinity to our seat of government. There can be no doubt that a safe bat tcau navigation may oe had to the rteigb. borh ?od of Raleigh at least Inr eight or nine months in the year; and not only would the commerce ol Ne*bern, fur. nishing supplies to this city and tiie ad jacert r.ountry, tie promoted, but the interest of the farmer, in acquiring such facilities for the trani.Ttission of his pro- 1 ducts to market, would br greatly ad vented. To the imp ovement of the outlet Irom the Cup* F<-?r, it.c state has not ber n inattcini > i . I* .e ?umi alieady ex pended, it ij b->i ?r ? have p'odui.ed the mov s.ilu'ary > fT cts; and it anv ad ditional apprvpru >?in i? wanting, suih I* the gieai importance of -lie work, thai I am "atisfird :hr legislature will . rhecrbilly grant it. Through thi* clian ' nel the produce of a-? our western couu- i ties, wincn will pass at all through our ) pnr s, . US' vent itsrlt. Fayeiteviilr, i 1 the hi^ht-s' pom. of nic .m hou .imv^a 1 tic n, will b the prm ipal receiving ( town, snd VVilT?ington lb- snipping ? poit for all this produce, if we oniy nn prove our nsiurai ?ul? ai-l r s, and thus prevent the diversio r? he trade load 1 joining states. The Cape-F ar is alrca 1 dy naviga'wr, or ?ieam | .r j, ^st I mne months in the year, and is stitccp ' uble ol being mad- lit loi bateau ravi. I gau n many m'les bibber. Tnr sho?ls 1 below Wilmington, i* not n jr |y r< - I move'', are >nu .h inpr^vcd, and wii| , i soon foim iio u' ?<at-|i'?o ih< omtncrce i 1 of that port. It has long been my op * lion ilitt ^ hould b< dh^^Mpoits of the slat* cean, as for a* ' 10 ihc ouilcn cl the ng improved; v* *\c*p8bie ol be* bit ructions in terooval of ben to ib< C'>n*ifu^5jMW risers; snd >r ioad? or canal* h*' <HLrepsra ion :? unties to Fsytt'evUy wesurn tounues wi.ost in>eien%^j|koni the ?villi the Ruinokt. th? Nti?Jj4^tbera principal rivers, to ibe mo?* ^v^tber point* on tbo?e rivers. I? n^vnt fluui.s to dwell upon the hspp,^ on our prosperity, which would \ in the train of a judiciou? system o\% proTrmf'i, faitniul.y executed. Ai lite would be iulused into every braocv of industry; oor igrirulture would be telieved Irom a heavy burthen, which now oppresses it; our commerce would increase tenlold; the tide of emigration would be checked; and our population and wealth w< uld advance with a rapid* ity <qual to cui most sanguine desires. Ar. wc rot pre pared to commence such a ay-iem? Why should we delay? It will require nuch time for itsioirple. lion, ami Ibe cecesaury ixperdi ores will be divided amon^ several years. You will discover, from the treasurer's report, thiit we have a latge available fund, not required for the expenses of government, and not otberwt*c appro* pristed. What this sum cannot supply, may be lurni>hed ?iy our credit. Every other state has resorted to loan; lor a similar purpose. The usual objection to loans, that it burthens posterity with a debt which we have contracted for our own advantage, does not here ap<* ply. The benefit will descend to 01 " posterity with 'he burtheo, end will i more than a compensation. \V<-. *>ru bl tenants (or life; the e?tatt will ??? ?nei| forever; and it is bu? just ih-t t'i< should pay the greater part of wi 1 . ^ may expend in its permanent irr., soti mem. Another object of interi at irnpr vt merit, per'n,-. ps in its consequent. hul ' inferior to the o'hera, or rattier offrrilJ resources <or the other*, is th*- di a nage of your iwamp ?si'ds. The pol-ucal and pecuniary advantage* o fl ? from the atlrp'mn of propei m< St.re^ tor bis | object, l.a?; been lully d veloped by - my predecessor; and no.itmg t? left tor m?- but to tnviif ycur ? f.utiots-t.' ?tiac hb? been before comm.^ir.itf <*? Irom the , executive e,)aitn-ei of rail toatii, which intt rest in this state, ; nothing <o the loms J tiavo been spread b ' extensively > ircul^^^^^ ,w ' t om ol mi al?ie and /e ^ft? lar wri It n>ay be > I that ? ven *n Englan^ (of popui*iion, 'produci*j ^Ol\cf of\>Kia n)e b.twecn djJiiiL|>0 E;?<;?SaK t- ?;;? J by an.ncorpJMv^^^^, 5C?le> ^ 1 j?ct is to ccnncc 'wr.oi' * 14 *ofa0b wi'h iho city of intern might be made in i smtll expense, ai.J at a mo?t ta\"V.%t. a tile, by the construction ol a rail .vffy from F.yette?ille to CampbclUon. From this, an opinion mijjht bs formed botb ot the cost and of the uility of euch works. Tho regulation of the currency or circulating medium has been esteemed, in every country, among the mon oiffi cult as well as the most important branches of legislation. From some pro. visions in the Federal Constitution, it might be interred that it was the inten* lion of t lie frair.crs of (hat instrument to give to the general government cxclu sivc powers 011 '.his subject. I: would be useless now to inquire whether the establishment of bjnks, by the several ' states, within iliuir local limits, com* ported with that intention or with th<y spirit ol those provisions. All the state / have adopte the same construction The conscquence has been, thai, inev# ry state, the notes of these barking C9 . ' j ? , v ?? 11^ tl# porunons. have formed the largest pc tion of the circulating medium; anift * * 5?ce of <&? ments, tlr g-rat i 1. i> precial s ins'ap "??y every state, from the occurrence of dt ses incident to such establishments, tf ha?e ?t some periods, to the p ry ??f ihc community, *ecn d? in value. 'Co the numcious which attest this truth# I deeply reft to add that ?lnch has been t x pen ool iri t"is state, more Csperially <) utilise pAsi year Thr- not<s of our bai>k?fo been rrea'ly be < w par, and the #? plaints ot our cr iz ns who r ave s? cd from thi (It'precialion, have#! loud, anil in general, just anr- well ded. The 'Cgre1 I hi?ve giejtly iiceated by the ci that ihU mmc, m its c?rp?ra ? owns more f ? > a o o"C iil'h od ' uf ?'s I) i ks? - in f.t .t, that tf 1 avaiUblc ?unds roti*,ist ol Upon ihi? -? u Sj - rt, so inte| c it z-tty generally, and so taut to t tic l>><ariccs ol the though' i' my duty to bei ten i'>n. 'I he result of ml bcii.tt-ai the banks havj lly the mca s of dischi tebts, and i hit thejr w f>r dei-t management i.g -mi ii dividends, toj nock- holders the who^ *hols ot their capital. j !a
The Durham Recorder (Durham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 26, 1828, edition 1
2
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