Newspapers / The Durham Recorder (Durham, … / Oct. 6, 1837, edition 1 / Page 2
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V. , . RY SYSTEM. . Mr. King, af Georgia, roee aadv ia a apeecb of o.f ibaa tlire boor in length anj aaurh. d?ciion. detivfrcaV hi view of tb rwa question involved ia the ubjeet before the Static. .' Tit fa-low leg preaema a brief outline of eeaae of ihe p.nn touched oa ia hie imefea-iin d; tire. - lie aaid lie bad Mi ecrat ran barroanaeal daring the hole of the -io ia regard to Hie propositions of Mr. Rites and Mr. Calhoun. He a not now entirely in favour of either. He had bten always opposed t the State bank yatem. and had predict 1 the dit aier which bare f.d!owed i adoption. II uiaisicd lhai it bad not nlv failed. but vaa a entiiw fadaw fiom.tft beia-f It produced fpeeulation. ia the s- ban-1 Cet, bv the ffi.-ere of tha bank ho I If facilitea of exrhange ere merely i n Jmina!; . and he adduced instance to j how thatahavinr to a great exuat u;hb i the.n. had been earned on. The Spe- eie Circular bad increased Uie a.n.wnl of hatii.p: and he adduce.! ii.tinree of e- i nnr aoaa uraate tfwvied bv me bunka in thenty of h reidene-. IIeepteed tht tM-l'iff ilni th- currency and eichari$ e. b-nl a thev of courae were, acre m.U suit aorw hv i'.m interrxtriuuu of ! J.,t. ' ! f- IC h.,1 Un taihrr inclined to fa. . vor the aub-irea.ury t tei, nil the ar- j were t'j rwl! of a bat ihf Sen-dor frow ! f "f Tc '" fuJ brought -nofe grey CiKiient of Mr. Iienirl cnniiii ed bun f J MisHiri (Mr. r.c::t m) enlled the " si" , hu ,in hf "f ''"? ii iw:x:dM'Mc. Hv- ridieab-d Mr. U.'a . rhi--ghrwup ie . irciturF w i ' c'" ,lr.v' 8' hve 4roan preced'tii. draw i ir on he K ' . m- ferrinff tj the 1 in?tt 'c used bv Mr. Htn- ',,, ;. a 'u ordimry a.Nni pi.e, Ir.fii Xap4eoa, fr..n patii, nud ! toil a lew daya nrX (lit re Mr. Jl. nod. t -"f f' !avernmeiit tu a l:..lo fr.Mii Turkev, and characterized tbetr fi- aent, anJ aai'l .It;. ehri-H".'" i M,n?,.'ry. . ' nwieial meai.rta ihoe if plunder, op. W c now, bowevrr f:J.! Mr. Kin j Mr. K. iwatinued ti debate on tVe prenmn. and bio-!. Mr Unn bad ! have fotinl that fff bid somewhat vf ' otbrrkiudr-d t.'pic, and . entirely frightened Mr K. from the eup- depreciated, like na h-ak, r gs. s.nd '!'idfd by ejpn(.i the b- pr tbul Mi.e P'.r of ha uh-ireaury titm a modi- from the Mtn fitw, nanu lv, t - a'"' would .e4 b bing ab ut fitd bv Mr. t;ilt.otp. found not to ret upon 4 un sm!i! h.mis. "r vi.w and greater lurm-mr ol action Mr. Kintv evprewed tbe hope that he 1 Me n w, be said, hVhell or tJo.eni- ' , '" moweatona hbj-ei; and to gne wortld find lii!n' ii' ai'le to npprt the ment ins dveiit and ilifjgrael in a time of ti;ie- br i!h, roii.-bi.fd by moving a preut adminUiration; but he uiipcak profimnj peace; our j ot:; and p-ope. j P1 i,n"en'nl t,,e "H the tir! ti'i' truth. The niemuge, be aid. va rou nation branded a a n iiiou of fray- i MomLy in D--efi!cr tixu tnvnK rrrmit'otia in cvcral r irtieul ir. r. v wlju-h be preceded u ahow. myil fro'ii auihetitie tateinnu of other doen- a'ihiit' in i-denrss and. d;:tc": j-!:it-n.ints. Hv these he pio.eJ that the !;- t-ra rtiirt,d. anJ two tMrd of .. k- wr cttrrenev in l.nstanJ ha! not twen . . . . ' ev.in'!ed. aa the message alleget!; that tliiT" had Iteen no itierease of "peculation then-; that the value of the currency th tp h.d been increased, ami not ilepre-ci-d l; that there had been littla or no f irti'iiiatUni of loans in Knlnnd; that it" .iniicrp.d eoniincri ial distress hado ita . ommirte with t'aia country; aud that in Cugland there hud been no overtrad- in?. tr K. Mprecil cstn-me regret ' .1 . t )ari vv.'i'tir a-nni it w ti.. mar Tit . . . th.d tlee error? of the laesfuge had gone , --. - ...... -.pj - . for:Si to t'ie morU, and been believed as ' tMtii. icu inure was tnufi.in i ' a He deprecated tlie importationa of snc- cie a hicii bad been forced into tlii cotm- ! trv; and argneo that .this toreed mass, in- ' . . 1 sJ'-ait 01 going into uie circulation 01 inc cj M'T, went into banks, and 6erved a. f . . j r.f exceaive paper issues. The ea " ',!. f foreign debt, in March la-!, .M ile.i y t!.eme.32e, he thought an rr r, ia" snore n W.-'b1,0tni of i;ch debt bad been paid iitce that peri od. tlr, K'vg then entered nto an elaho rr." a ! i,:!eri""in financial ine tigi ti !r. .0 'tow that tke system adopt i .11 1 i -u. i upon by t'.e ..adtniniKiraii-an hal f . ; j vain v att'ar eg in1 t!e na tu.M ir-ier of tui!5 in commTiMal trans acj. m Thea hf H'ruiiirillv (or -ed g ' ,n 1 il er into the eo.iutrv from 1 . .1 ' .1 .. . . i .1 Krrjlau'l, and f;rn c;t :eao--red to keep it re, w ! v - '; cespitt f t'ie natural causes b ek w ards and for i it to flw l y thi aitb;nt prw;e.i ire, the 'fiaftk if Ktvwid bid b-en obliged, j hed by ibe dein e r.-'nt p-ina. ia in i? own def'nc-, in or ler to prevent 1 piny -s. iblished thi bank in lsl; mat it- men vaults f.-.hi Snn-vr (ir-tined of al' I was' the .e i.e.ly then pr.tit-ctl ml (tnind their sji-i-. t ii-,t i tor to vmerieen ! etlieitnt; ami from the tint" of its cat ah cr'i. an-! call in its debt. If it had lisbment to the period alien it waa put not 'lone '. it wo'il l ' ie heen f.irced jdown, we had aemreney better than at.y to is.-petid. V . if the ..-ar .1 lawa of j oilier nation waa ever bleed -villi, tr t ! ' ad 'V! :-n Uwe 1 1 pm . ir -if the j hucll an institnUon, in fact, aeemed m ces tii r' aitta of this eonntrv con!.! have I ry lo the lioverttmenl of ibe cuoi.try. ;iea 5ooe. too nam p-cie :o pay t:e ; ' "" oha.1 1 u .,!i. j ana, nia-em.Mrne.sin. in w i,ni i,,vc lot- nwc.J, n:i t-ie ein-cie w.iicu uie reniir- jvim ;;-e e:y. I ,e Tate nl tics b; .,k, ed waa drained awav to the Xst by fie iiibii!isl by the democratic patn.Ir' untia'iird and violent process of the pe- K. said, a.- -vra-.r -In : ; am! he pro cie Areolar, in eoase jueiiee of a-fiich a j e; rde I to siion ; ie mjus'i-e md meM. seat itv o. jspeeie was- created on the At- j i-t" ot-y of the .kdiniuisiratn.il towards i'. ianiie hoard. I re electa of the specie j I Mr Ji ddlt- lay do-vn, bt? w is usttess circular, while thua ruiuo't to the com- j if l,e -to'jj no. he vm miinidi nt: it h. merce of the Hast, were nil less disas trous to the trade and bus-i'iess of the W'pf t. The batiks there w ere drained of specie by its operation; it w as, in fact, the commencein nt of a general run up on them, beun by the (fovemmont it self; a most impolitic and fatal proce lure. Thus etuharrassinnu were created on all side, by atteraptin? to force things to How unnaturally in channels contrary to the course and order of trade. Thus, a run iainst the trade and trading institutions of the country (and, by conseipienon, a gatnat all the people of the country) was sajstituted and carried 60 by the very (Jo veTvent of the country itself, an I against t ow.Ymutrv! a suicidal course whiehr prh ap bad. no parallel in the historv of the world, Among other ruJsyons, Mr. K.broujrht forward the fallow in which he ma'in tatne I by varions arge.ihvnui, and illus trn: J wr.h clearness and fois: II. bank arc.n t broke aiid m aolveat rnervlv- liecau-c- thee do ant "p.v fpocir, pe-e it nir to be aa ar:ule of mettrhaadize it ia ao longer aa it ot eum-ncy. The premium hi'h tlo-l aernmet baa put vpon it Laadmen Halt from being euiwwT. Jt neer can be- route rarrcat aid hf a eurn-ne eo bm at got enraient, by ita e xclif Waaurt ia r fereuce to epee ie. frct it op at a r ""-i.rr i f p..in.i-.. purpr-. pmniuia; that ., lo drive it out 4 t.e U J4 l"t the lUnk bad m-d rd psni-ral rurreiier. It is now a hu.ho i H,,,c af " eouairjr, a..d be dar diir kept ia .broker hp, wadv b'r X ian to plare ba fieef on a it aal'e, a anv other men-hindi.- I itittee is erhirh tle bank had d.oe eo. 1 The adop'wa of lat mouev etr- iiU f.irr tU J-te Vidtm Jd e.iu renrr, and the exclusion of a pajH:r ,r- nieueedhiari.aebanl a ar aWli renpy wouM ejuj to t!ie roitfi-a ka ' iwfiiiated ia the uf'wti t th b.k 'o at one tiird of the i ropertjr of eter in- i maaagrmeat ubsruei.t to pr dividual of theeountv. J j if pwrpea. 3. The paper rurreiier of t' e rountrr ! K. oesi rtfef.ieJ to l;e der.jration is nU at it w nprescne l by me. now by .Mr. CaUi.m.. on a b-nor day. itepiwiated ia ralue. On the contrary, it ba risen in value, and W now, at t!u tuMn nt, above the value which ( bore before the suspension. Forlaad. puichswd with good conent busk notf. for less than the iane co'ild have been pnrcliased befora the Mipen?ioa iUa j f-dd or w!ver. hen by th relative X J cv of the eurrenc v, it Km valaaMj than now.. Therefore, piper i now at a . 1? depreci .;i.n Ui .n K-i therd a a j mrrency f i I and sil'fr and pnper j that i, bt'f.ri th? tuepmion of mvc'ic . paym'ii. ' ' ! 4. I hc result or the rperie.eiruhr, bv ito tin? in viol iti v-t of a!l the liaa I ol cXrH tiV'e. were ttot ruinou. cll tb lrtit k nkruijt urn! huhIiits ibi iner- 1 . t . v-m an'irapt; tw mauuMt-uoera !r;t- ! -! I l 1 I a I l.'rl"llIl ii'oj.i.iiioii. nr. i n r i ii nni -1.! t.- -- .... .. .. - , say that there had eiteJ n 5i.-eis ,;, . the bnntn? xSein; but the m. thnjs adopted n cue the wm rr,? just as : nm ;: 1 p; vMmn e.e to turn a man heels up.trl in rdi-r to cmc ham of an , apoprc. 'ple.y. In nu-ttion to the Hank of tin 1'ntted Stau-. Mr. K spoke w ith groat encr- . l . a aa a . py a'm poinwuaesu. 11c -)ni tne lale ol it'itt hank av.w' very extrsor dinary. Hut j before he could vent-ire to utter" a wnr l ; in fa or of ihatinsututin. b iMt he 111 it STtve hi reasmna for . spmkiii". for whncver now w mil I opi'ii bia mouiti in lt-a tb'leilCi' o il,?.' ,t ib ' -i 1 himself a if ie were a felon . : II !i id grown ti lv 1. ;. ' in. crat it. i. .i.,i M'. K- a (leiiiniT t hi 1 .1 d ii.-i'r 1 . it' u?t- '. n.y th 'v..i I , ' life red i e,oe. lie weal rd; he 'les.ii-if.l i:,it i-H. rd .r a t e n io ii.ch' a Ian is ,a l.ni. and no one hou:l find nm wi'S I eni.ii;raet in Ins lit.-, nit Tar.niuv and Plunder in na bear! II. find burr-vc on fnhe livrry from hfnrrn 'n s -vr Hie I If til In j ii- Aas.aden11er.il iron hi youth, ami a!ieii !i- fi. etit-red U;0'1 nntiiie life lie found the bank ol i:n Cnm-d S -stie ei,H. .V., countrv having a mixed currency . e.eiui ma witnotit it. it wa neteary t. nusi the finaiice of the Country to it down, he was sn-inci.iUH. If ,e ev. I panded, h" s bribing the eoii.itrv; il tie covr-icti-d, f.fc ;v.is ruining the coun try, - If he i.cp.irn (I specie, n; was'sptc iilating upon the country; if he exported specie, he was e.inpirinf against 'he country. In admit, whs t.ier he pasei h b ive or below the Preuh-n he eipialiy mndJed the water Mr K. r. lerred to an attack on the hank by M -. Ndcs, f r not exporting specie in md wun- pnred that with the late poiiev of the Ad ministration in reg srd to the exportation ol specie. In truth. Mr K went on 10 sv that iiiiiuiitioii bad, Uy snipping five mil lions of specie, pei formed an operation more favorable for this country than ever eoiild t.e expected I'm n an institution which had beau warred against as it had been. Mr. K. ref-iir-d to all these thing Id ifidit .tte bimst ir a't.l ottiera who In" al ways eiitertaiutd these Opituotis of the in? cias tnrcawa.-.i. witti nc; ;i r.r, - q-t.a.u raaaa. under c.iiidcr.,ii..n wa ol lion. So much, Mr. K. lor ,T,, . . ,,.,, jrt,.WUltf(, , l!(P eiVle id t!,r Mr. lv. thought t!i ton much l.ry to : Stat wl,i.-n be I, , I ia p.rt ihe bo..r 10 be endured any longer.' j t(.1)r,;,.((l 1Mr, (fa.a taa- bit it to b hi Mr. hnff e d,rd upon I.h pul tied t ,!, t , Ui..i the imlat.ice of ibe Sn-im-nds to jom him in rostomy the con- atc"a ,orl iuue J(il,t ,lC ,Vii hi viear tro! ol the hnanrWtheronntrv lo ? oir- . s r ,h, l)ir, , l(,r gTW.and rfwnims them fra.in 1 exclusive i .....rad the fubne attenti.Ni from onr aWaic; to M. F i ,rf in rlau 10 a bU I .owniLaoftW a. bantj and not cear-e oa bia paif variant front lite ooinn bit coautiit birh. when ! IteWd lroa them, were, tie believed - ver to a caiioaal bank. K- - le sul ; arka kln ee f ibe Uu k i atsniber t i- .fiheL'i.i- ' ffte iM h rherfo of bavin ihd rte aroiU not t-fee U k m mo voneu nir- idmi oi j u t.r -i. Wf,iiiM.NW w.!'!..! fwiba wir -4.it it, it .! gr li . bins 'a iriumiiti orer U.e fit.trtn.n ' K ro.ilraa hr- f WW bk i-Marouon.. A triumph. Mi. K, Maimed; a irmtiipb anit the i. vemuiem! , H'hat tiieiia' i! Mi. K. thought Hut the (.rarr.iai-nt of li... tinted Sirica e.wwie-1 of foire an. he I rt-iJeiit. did hrMtlea.aa the tJinrrnmeni cflha IktmVuc, r CJovtrinnent of the It lilt lbut? ,, ,Tr" vw wpic .... .... . & . . lith p'liui a'm 'r""2 i---"? Mr. K. heie again referred l ihe eon- """"'l "I -"- ""inoy, .ana fiiei-rvrw n...i Afur .tn i in 1 a ra and :nteil.et . T. lorv n-niurK!i br Mesa, a. .V'r-'r. Calhoun, aud A'm," Mr. TIPTON tu. Urn aau!. iSm - " " ' ' "- ...... rixi i me mi it-r 01 m rountrv. lu a (IP,f r ,( l(,a M,d. a ve lll(1Wjt,u- by lhr rie,mnM uf ,,TO!,. ......... w.. ... ..lti,.,lv arri.,.wi ; .,. llw.f,i ,,,,, h ba , u,,!.,,,. .d d,a.da. ! . ' fill ill! ' ' )fivvj9 'M'lti; f irutl II. a..? a ....... aaru aaa . n. a.itt. a ....KLaaa ....l.a t,un r. a. rt.f!u,. ruitl ,ur th Sinn ol t iC 'fs hail juit ch:d, the iiiriii'n r- had scarcely time 10 return to , their home, wioui ae bre sutntnoiied u return , to ' Waliington to legialne the (Jovprinneiit out o iu difficult! a. and "e fiml ot.rsehe here 111 S. pieiuner in ie,id of I leecMifK-r, engaged in nelibera noi on the nioile and 111 inner ol rtlitv , ing the ditrea of our countrv. I tie.iii'jinry naturally a!drce itnelf tottery mind, why t Una !? . What has prod nre. I it, and wh it 1 the remedy to be adeniedf The Immirable Senaior from N inth Carolina, (Mr. (?lhoun.) when be proposed is anieuilinent lotlie bib u.ider coimtder itifin, a lew davs ago, t"ld tint tins tUi'Ktiiin elnndd be met boldh aiui in;initiin; to m-e lii own wor.l-. let eterv one (said be) show bis hand 1 1 -ant Mr. T.) rnoond lo that no- ble sentiment of the honorable Senator, toe question nbotild be met boldly end Inrlt; this is a time of deep anxiety in ee tmr eoiisiitneiiis; there ahould be no sk'iik 11 g aiiiong iheir public eervaiits; ev ery one nould apeak freely of the cause which have produced the present eml.ar r i.-nini i t-s tiid act prmnptly mi aueh mei-tire a w ill relieve the People. It waa bis opinion that the putting down of the Bank of the United States was ihe first ateo ! first step to the preaem j inbai- t ranti ntj tb :t; the transfer of the ptib.ic d po- ' tiits4ro.ii that bank to the local or S.a.e bank Munnta ed these involutions to ex- I ira!!tanl issue heynud iheir ability . of redemption; they discounted nnic on j the iiubbedeptvsiie. exieiiiliiig iheir lines J of ii-e..iitii bay oml ibe bound of pin i Jen -e; the -people in ihe neighborhood of the batiks, fimliag that bank acenmmo danoii ctnild be had with iVilny, enter ed 'arsjelv into apeeulation in public IjihI", tow 11 b.'a and other' property; ex irav;.c..i,ee ;n living a well as in diesMog oerta-id their tmlebtednee; an ' a word, r, die .t 1 M.b- country ver-'riohd. eeas-e-l to l.ibor, and eontr.n ted debis b' jfiid tt't ir aiiiiuy to p iv specul ti ;n wtie uppermost in Hie iiiiinls t l cc. I'Ue.- T'ie llxcrutive of the 1'nittil State, seeing fie public domain rapidly ex. h oig in:; f"r eiedit on the buoks o( the banks, ileiermiin d to ch k it, diid issued lua Treasury O1d r.1l July lid,, 163C, di re. tiun nothing but gold and silver should tie received in navmeui for the i;.'b..e land.- Lnder the operations of 1 j , .'.hi i ,7;. 1 1 T, B - . "8 o'lniie I H 1 1 1 i s hull lo orneuri. hank iun li iw u,e eoeeie ir.,.n hnnk. a.,d irns w. 71 --"". r n. the I,,,d office.; i, wa no sooner pam inu, the I ,! . ffiee than toe receiv- ,r of pubUc money. depo.iCcd il a.am , uUyVf U Cj Crm; f': lh ' ruV.Jr. of iV J ke dadv ei rafiy icre... ; bi kcr,Veariir bi l,e full would b eallrd f- to ol, VWraow- alarard al (to-ir enditj.iv" cbiwd tbeit d ra. and Mp.dcd jectr py- aicm, lreby tulg it Wt 'b !- I taia lioernieit 10 pay me puwir mrm . aMt c.dirg la ia. ia fjtCMor l eiv.'..ar a t.e-b:f tie laaiMfairatf ipnu ; a ofibia greai and gtwng e,a TUf d Mr. T.) ta a biif naivmeiit inixtd 0.1 rr rev, ... idine erbili hae pr.darta ara aM af tr a.' iTawa. ti. .ra embarnt-iHnt and diaue thai trv f rl J ibr M .U H r 1 1, un .'i" I i. H a an aicbw n eie uo. - wi'nv wi:b ib rmrr.e and iio- public U j.ie ny tin i.ae"u.ir "i tin M-r. tlar ti ibJi-a ba.- ruoic ooiir fei 1 I t'h-cr tbao W04.t4fl.aar abane u!lhe IV.aM.' Ufd.rin caS. Nw f..c Ibe 'p-itu-dy. H'be fcd ; r.a f.- . ti e caaaai.v;w fi-ia . -at jj si M--a ouiM-a i p.-nc c, b' in I t- I ti. -"ore 'o ! -e i54 fJ.Hi-rti:in -;t ftywi "" !.,, . J . a-ulf.-.r. li e T-4 ; ! i.ar.. h'ii t ktrji irl H'j j, a .',!.'?. aw w-v iM. ' t ia' "-n 1H .t. ?ls. -I . A. n;i '.v c, n i'it . b t-e 4 a p rt'.ff "i 't ere -td . ; ler o ih I'.' 1 'r;k V it, . p'-.,- ,. ,?.' I fit - 1, 1 a -d t 'c s lo. j ' uent. . lie won li'.' t'tai h wiid k-4 4? i 1". a, t- -. .jH-ri Ik; !ow in viidd i . hor' d tl at a b :u.i rv a., . . . 2.e l.iufi.. ' oiot: 11 !i4 iner bi eii m ad- 4 ! a Inter rfS'a ir Uh1 buiki afen' in" Lie II rnn it; t'jey c.-i.:. itlim tlietu.Hvc iit.$r;mit pfinei,a. , e.:i'h o.f'ng trpfair Vie and '! i v to tli intii. tof t inrowii V !!!. ( ir ib v c iim.it r will not wt tv t' r in ! Iran iiitung ir ilniir'ttig ibe pi .1 i'uiu. uey of ibe I 'mod Suio; aud k b i thev are d aa dejiit.ricfc i-f ie piib li' iwona -,rbarr-fi,Mi 3td oivi.t'u a! ! uiv sp c!id. - Mr. T eat! tio he aaa 'a'fpoai'd t taking anv eiir tu-re lhjit vmmiM bae a lendenev to lipj-le or io .jcsk i!.n 1'ie St i'e Hint.; the i.'-.p'e acre enriou- j ...... . . i a e' ,, t'Wi'n i"n. o tij lii' au a t.auS til ...c Ln.iL'U r'Ut. : tii 'V h nl eied ;heir capital to a vety larje !no;im in ilite iiimtioo: jini j af i'. .c b.'.k were perfectly oluol and .ad'; none more o il.nn the Vuiba'of the at n from a (nr?i be eaun. The banki of lu'li iiia urre wailing t i re wlttCou- gri-a., U.e Uxccmne. and 'other bank fount or woui't d . inleiHliMg, at an ear- lv d-v. o runie apecie paymt nt. and L ...... 1 - 11 .1 . h.nci to ri d'fiii all their pa, er. and he cue! J ve no vote to dioiu: ge ir prot'raaUu-ate to d f liable an obj-ct. ' li wa trun tbat't'iC baek bad not -rt-ed well in ma u!ii'g apecic payment aid enilKirasiig tt e liovcrinni nt, but we abould deal mcrri'iilly with ibem; aingle breath front the Kxerutive. nay trig to the State bank aie will no longer re Ctiae vour pafer in pay im tit of dutiea and aalea of the puMtc lantlr., u;li urike fifiv perceut. ttf the Vflue of all the pro perty d our eniioiiiuciifn vested in tbeac bank, indeed, of ail Hit pi opt rly . of ee ry description; and lac waa nm drepaaed to aaue;:nn am-h a coVrse. In U,e l.ni guage of the Weat, giac u U'.d Hi. c money; whatever will buv land, i- a gnud g'dd lit at par in ail uiomtd trainee I bona in the WiMeni State. No niainr I bnaever old or rngged naner mav be. if ii contaiua itrda, lettert and figures enough tn be receivable br puhlie Lnds, it i as j g''l a g"U nd 11 matter not what kind j money it inaj I; if not received in ' n'" tal(1 miice, it i 01 unreri.-iu and J changeable value. It limb ids way into he hand of the poorer elan f t the com. fll.ot...AnlvtA ..nil. A t. '. . .1 1 . .. nuititty; they are liable in be unpotud on mid Mied bv the neb. in wboae band the better curnncj w a always found. Tin won Id be the tlbet no the Western people, if we refu-e to receive ihe paper ol tl.eir lianKs in payment for the public lands; md he left 11 f.,i the Senators re- pf sentii g the interesta of banks 1 at id the mountains o any what weuM be it rfleen.11 the interest of thnr constituent, fcboiild the (Jem ri.1 Unve rnnicnt u liise . t receive their bank paper in faymenl l"r rtvein.e; ahove all thing, CungreM bot.ld clab.h and maii.um sliuulil esii Hsh and ii,ati,tin 3 nnilnrui cuiMiiey Have geinh men foigotn n how inr ibl the hm ornble Sen. tor fn in Soirh Chrtj.na .Mr. Cailmon) ilesi ribul the inliuence of this (overi.'mrr t ;n rur rency i,i other day, when ! taid, d the United Sf.tea woubl but indorse ibe note of the beggar. 11 willa" at p;,rf ami will thai Senator uowj to a very bote proportion if the pconlc of this country, we cannot receive the paper of juur udiiaa nir publicum, when by that single act be will bankrupt thousand who have strong elainis both on the justice and the clemency of this Government! I Mr. T. said be would not ill tain the j Senate by an attempt to ahnwwb.it efleci the measures before il would bate on our j commerce or exchanges; he' left that to Shier hand. He pretended only to lake a plain common sense view of the nns- chievou lendeiiey on the interest id' hi immediate ro!.Mitiien. and m enter In , enusequence tbatmnsi Imlowih piesi in tneir Dehnll .10 .mm ih,. rmnona e pas-age - " " f. U'e b,n w,th ' r..m. ...I II i .. I I .i r ' 7 ' " ClI. IIP !tlO tl'.O .1... I . I I h Vt. S I "'f"UP' '"""bciled ' Ztll Z 1 7 " j a tiial a jfc v 1 d C, M7 fee.t ar,, f tdmary raB- taoa. ol if.tt ti tw P'perad all aka abj a talari v awulle ewoaif tlit aid W'. f "jn too, to. irdi-ce it lo u, , and wb r.4ild ak w ibaa to ke t cl fri. m U ISIf - , - - -. 1 (niu bieO bv ba Si aoaj Ir.-n. Viifi.uki, t : a-v ta. , I (m.ata Om i jft If"!-1 "", l'a.U; lp., ' a. l e Ni-tc lok. '11 a clfe, fc t j ab I.ta a!a-j a.fie. dr .iiMir ., w. wnig i M. K . ti: tliVIU IO p . riaf :f 'be iaaotiiaH . Thi.t rabie .fi.- b ii k Ai!u) iLeiicnaH. -tul g 11 to ieu-e lit emtiMra, ,0 iKtUh our etMiotrf aa tii-t,, tie irr. moi. nt ta ia lueh ' Im igf.l. I. foriaidrird tV i?a! u I ti 1 ri'liia tit to ra-.irae Va IV-j tr, .,.. . !ie6aille finite mum an ear ! jw at f ll. nl. III lil plkhili, H 1 I ,e-i.ii n w ln"b : jtniw a ridewt Hi bl, , i , .. .. il e i.l.k i Iut. bd a aciwieiN')" to ; . .. IV.ua.. ..i It". " ... w . . . . .j g t i . . . ' i a.tni Hi i, ..' r : I'.-y V 'v ia lav-.i . 1 .... ' v, iti !t I i .k Of!..; twi:i .ihc , ft. :. . n. uie .'i im c!d-a n.tre, it ae tint' i 1 tmh it 14U.t n hinl lMlt. ... ,. jwMt-d b tbejnii.t himImih ni t ,. g. c. :ne! .mi leti .lie hiiaa it dn.t ..nd b Srrcia-y 1 f .lit "i"itf'.-i r. li tin b..U aa birh J.d d t'.i S an- aiobofiX'iig toe in-tin ( I r A, r. in..e. aiMt liijt an'l't-r Jtntg Uv .!. Inoii l e drp.ilr b.k. In-c; -ai i. n. be a. mid I ylad l -e tbi xf ,!.. C 'liie 10 a cb-e, and let a rVturn to it; ii'aa'i-r, tin- Pe pie, ami eo'iaiiii i!.eni i aba. 11 tuaUier lo le douc lie did a .. aU-iil beta' ti ri eimci il.r r.fcn'tveatM f ,r bintad M the bol tltr Vrt. J it, ,rd bainla. wit.a Itearta. aed Mr v wtn. I.i die foreai. bold i' e pl.l . I . . r and repel brngii tttvaama, br hi ine.n.e lionn it at a tit ir voice b b ii I . mini iol bc; 11 waa thnr wml.ea and iiuerc 1 ' cane heic tu represent. It the tim- live dttirea the addniirtal r"pnniliil; y of kct piiig and diburing'.' aril aa ol e.ilitT the reteiiue ul the eeimtrv. he now 1 1 o it under the r gul.tnni. ii the Ire.rury IVpartiiient amce ihf fu-nreFion -i rnt cic ravutcin nv ire : poite bank; and be wari.ed honor t!; Senator, who, like btm It, wilinJ j austain the 1 rest lit AdminiairaUnii, eto,- iled its eoi dint entitled it lo the Mi. m d the I t",,!c, tu he caieltd bw tl. eitn rt d n new end daegenma expi'i-1 iiietila. Ii be were beet on hif:ikr a " , . now 11 an .liiunniMratnin, lie woiiid t r up o it ibe uiiliinirdeoutiii ibe pu'' ( money of thia- tidatmirent. He re1 ti not ttne inr the bin lermrifd Imin the j Cmi iinttee 01. rinan'ee, but be nt,!d j vote h.r the motion of ibe Sana'"! hvm ' ti'eorgia to pnipone in whole uhirt y ! the next taioi f L'ongre, win n alntll have an opportunity to erert-ii. t' wtshet of our rniisiuu.nl-; it I gi iaj Wt li necaaionally to consult the kiAftfj;:. I'enple . - , -.Coiiffrrai.. Ntii(.l.. y. spl mf.r ! . 7'ic St ttate reuired ibe considerutiie of the hill providm for the collection nnd cu-tody of the ' public leveniif. Tut qm auoii Itriitg oft ;be au encloif nt nt Mr j Callmtin, lo eeparate the Uoieriin.ec: i from the Hank. J Mr King, ol t,a. acidreted the Senr ! al a nni!erabe Imgtfi ' Irtigifi.' He refuted ti.e varioii stuli mttits contained in ibe Mf sage ol U.e President, cniiecrning tb c.w c of U.e pieaent !itreed ttale ul the countiy, rtferitig to miiltfuilinous tie tract nd uiitboi itit s to austain and ii lustrate bi iirgumeni. In. hi ipini"i the !l..nk uf ibe U. S. was ibe Itasliat. gemus, and beat mule a f relieving die public distress A to the bill befoie the Senate, be wa al a to kimw all' j vva the proper course for turn t 'Af. lie tbd mn ihibk he could everbmg I me sell to te .r the uBit udtm nt id the j Senator from South Carolina; but U would move to i.ot,..,ne . ihe funher consideration of the bill till li e rrniiUf session f Congress. He 'desired lu I l' "'y friends to beiitnj thai I e did not 1 intend to cut l s,. she p;,rtv ukso. iatn n "f his pol tieal bfr, wbcii he hM'k ib.S .''and a.iil the power which lite exe etrne bad snmcd n.er the cunrni) f , 'br ceiimay. He concluded. a speech ( , three hours in length hv movinu to i-wl- j n . d .. ! ,n, further cnnaulcraiion .l ti e bill ' Ml the fi,. M,., , December next. - ... 1 .fe roae lo make some t natum , defence of the Kaecut.t- 1 "f rtW,a" , f ' - -; f
The Durham Recorder (Durham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 6, 1837, edition 1
2
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