a
iw..A7iu,.'.:n,i
SALISUUUY..;.SATUJIMY, FKiUUMUVimJ.
WE3TL'IIN CAROLINIAN.
ISSUED VnfKl.V,:i:r.:r:.JOIIN DEAItD, JH
Trnm or rmucaTtoK.
'1....3V Wwitkm Cao'ima" i jmlliiJtwl every
Monday, at Two Dollar ji'-r 'annum ir in a.Jvrwn,
ir Two Ikilbtr ami Fifty (Vnta if nut jw.4 until afVr
tin) expiration of threw month.
2. Nj jMr will be discontinued d arrearage
are will, unlet at the iluret.oii of the Kbtor.
X Nu amWipUm wilL be received fi.r a Irs ti.iie
than mm year J ami a fmlure tit wAify tlt Kdilor of a
wish Ui jlummtiiiun, at hat mm mouth before Um expi
ration of a year' aulwcriptioii, will be'conmilired an a
new cngaifeiiieiit.
4 Any ern who will procure aix mWrdwr Ui
tlw ( arolinmn, ami tnae tli tnmWe oi mini niitf "
ImiiMiiiittiiiK tin' nWrtpti( ..i-price tu tin' Editor, Minll
Imve the paper during the eotitiiiiiuuri: of their mib
wript.on, without ilta'ge.
TKHM OP AOVrilTIKIMI.
1, A'Hwt'wiwnfji will be. roiiHpiciKMiKly nml correct
ly niMTtitl at .0 cen per wiiiire IW the first irnw r,im,
. ami X cent for ea-h jMinuiuiee : but where an ad.
xertim-t I i ordered U yo in only twice, .'Ml ci. will
bn rhapwsf fur feh iirirti,
J. MrrrliHiilK. MiTlmnim. ami Pnrfiswi.-irial prnth-
Iih ii, who limy denim constantly to iiiKr before tin1
ihiIiIii' in niir ilii'iiiiiir roluiiiliK. Will Im' T nv ell h
yi-nrty ailvrrtiwrn, anil" a deduction of 1" per tent will
he. tnmle from the abivc charge.
To coiir.ro?ur.JiTa.
1 To h Wn irKiitt atUmJinn ti lvrttfa MrMwH
t Tin: i.jvi:ks or
Vnme
rpilli SuW-riU'rii an; coni'll-il, ly Hi-rn iv-ci-h.
nitv, i onlcr t nn1'! il'-miuiil iiKninM tlwiii,
to n'fjti't f ull xthu who hh- iiiuVIilcil In tlitin
fur r.i:i'.l',iin iiiiinriliiiti' wttlrim-m of tli-ir iIik-h.
Tin- I'ulilic may n-Ht a.s.-nnij tint tin- NhIimtiUt
ill lie alwuy willing t-i furnish thom with tlm vr.
ry M alfnl J l thii mhIkii of -nuitry,
ml ojhxi llie iwrnt rmwmnhli' tcrinx ; luit they
ht. , ; nt the Hin tini, flint thnr riiitouwra will
m.t iKL'hct "Til K NKKPFl'I.," pnrtirulnrlv
ikiw. wh"n tin- i-llii ! of tin; iinliiwfiil Krinovul of
tUi- h (KiHitC! from tin; I tut! Stairs Hunk arr Ik
lfiumtii; to oik nitr.
. . K1U Vi:il -4ik (iilUXTS
Sutishurvt Fcl. 1. I-
COURT OF FOHTIJM2,
No. 220, Uroiidway,
NEW-YORK.
fPilK No' York liOtti-rirs hav rlosril f(rrvrr ;
, A ycLUiuks.tp .the. wisdom of uthrr LcgLJiitori,
immurtul JcllunoMi, J; rtinklii), Ac. tjnew JrHenoH s
Tn-Hti. mi Irttriif-R,) tfi( j;rnnt in Noit;o 'other
STntcu vt remain unrNpirrd otltrini; Mill more
Hjtort to tlml4iW-ral portion of tlm Citiiiminiity who
are inclined to Imzncd n trifl for the clmm-e of
a coiiiiu'trncy !r lilR'. I most rvprct!iTlv solicit
ft contiminnc-p i f tfir tratroniii' so hlfitllv cxtrmf-
jL Bit.
cd to the COl'UT 01' FOKTI NK. jAltl.oiiKh
llie clmrter of th Nrw York Lottery has rxpircd,
in accordance with the bUUuto nj". this Stute ytt
thiM' wh wUh to fltrtin h IIItv Tirkrt in oinr
.,: J. .. jjuod.Fyrciu Btl4mius..iJUiy. ul4aia.iL Jj' iuJdr.vsi?.
inj; a notw to mo. MHirv riirlo-'ii will nt ull timrs
-wiW'iivimilr'B't'hffiliMirt of Fortune in known
um jiihIIv crhOir.itrd lioni the Antic to the Ant.
-4tMif- IVJesi. For S'hrmrr iiiul parlii'iiliirs of Fo.
P'ij;ii Ijottrrirn; ,?e " S-hm It'm Loltrrv Mrrnlil,"
whii'h continue t ho puhlishril mid riven, gratis,
- 1 nrtnmcr. Onfctr from" the-emmfrr trmrt he
iIiIp-.'V-xmI to
Anthony H. Schuykr,
. ,, JNKW VOJIK. ,
.ijir YnhnA Mclntyrc art! Miuiai rsof all Lot
.... Juries iu hich tickets are UUiv Scliiivler.
AsV ot Vo'cip Schemes
m:t to hi: drawn.
Magnificent Scheme 20 of $2,000!
irttt.i Malr liH7;
ni'or the benelit of the Dismal Swamp Canal Comp'y.)
Chisn No. ;i, for i-:t i,
To be drawn at .Hctatiriria, Va.
Sixl-Six No. Lottery Ten drawn Hallols.
' SCHEME :
ffei M H K 1 ( ),000G, M W ) 5.0 )
21) of SJJU)0 () of .-oo -jO
itiil JO of JiKi :r oi
f( of $100 Ae. Ve.
TickcL-i SilU, and shares in proportion.
.il'or the lienelit of the Disui.il i4'iunp ('aim! 'Coinp'v.)
Class No. 1, for T;1,
To drawn at Alexandria, Va.,
ON THE J nth FEHRC Ak Y.
'S(Tlill: '
l,-,'10 75 ol u-(MI Kft ol 'jOTrc
Tickets FIVE, Dollars.
....v,.,. Grand Schcjne! .
!arj laliid sialc lioilerv,
Class No. 4, for IK54, '
to be nn.nr.v at ililtimoiie,
ON TEESDAY, J.'ith I'EH.,
Seventy-Five No. Lottery I'levcn drawn liallots.
' 1 : ' . SCllilMKl.. -
4S A A A 1 A A ' A
w, i'Hi-iAHH)- r. of l.ttOO"
84 of e;00 1 of $100, &c.
t Tickets TEN Dojlurs
Now York, FcU-i.i') ISii. -it
NEGOODS.
Tin: Kun.4C'itiPd:it w wnr mrnn'iNU
AND
OI'KNl Nfi,
t X Large and Tull Supply
I'MMi&lVIXTKR (iOODS,
i K)NSlSj INC. of K V K II Y A R T I U L K
V K;ii'rlly kept in a Country Itetml Storn ; all
of whit:h ho la 6npm to aril MlW for CASH,
vr to punctual cualomcra Jui aiioRT tarnira.
Tim public am requested to cull, hear pricca,
and juile fur thnmaclvea.
DANIFL II. CUKSS.
Snlihbury, Januiirv fl, tf
Jltmm 1 Voolicorth,
nl'.tJS leave toinfrrm the Citiwim of Sulflmry,
nH'wcll tut iIiohr oi Rowun and the mirrouud
in ('ouutieK, that lie Kan
Kciiiovril hU Ilallilmriil
TO TIIK MOUTH SIDKorTIIK COt'ltTllol'Sr;
fATrwiT.i.rt Ww5tr."WiK ff. Sl.injh- r:
7 t t ter'n Hotel, on the Mum Street,
Where he Mill continue, n her tofore, to txixrute
ALL KINDS OF WOITK
in the line of hix proricpn, nt li nt notice,
And on the moil rratonablf terms.
WATCHES" k CLOCKS RF.rAIRED bv III M
W ILL IX All t AM HE
Warranted for 12 Months!
And thiHe dijKwd to patroiiizt; him, an- nswired
that m 1 mi j will Ir. Hjuired to y 1 e ihe must
gcucrul and uitirc.9atiicii:iU to them.
0t7 FA'tiRA VIN(! of every description, (in
eluding Tomh-SloiHV,) will U' executed witn neat
lie and areuniev, ut lnrt notice.
Sulisbun , Jan. 27, ItiiA. tf
Valuable Property
FOR SliVi.
Tho Sulctilx:r, bainp deninau to remote Xo the West,
Olli'p for Sale, on Accouiiuodutiiu; T ruis,
His House and Lot
In Wadesborotigh,
tnuBTIIKK wirii
a SMATlTtlACfw "
wo on iiA.vi,
(Vnivenient liir fire-wjuuj. It is one of the jiioM
deiiirahlo Kiiuatuuis, fur a Private Fumilv, in the
Villu'T, Ix'inc situated convrnirnt to the ftpiscomd
Oiurch afnT Aendehiy.'n
tues Wh 1 'i the foxvjaiM) yiHiiit1ry Th; Dwell
ing ia n largo two-story building, wit li a s;irius
Hull, u 1'aii.sajie Ixduw and u!oe stairs, lic com
forlahle Hed-Roonis, tolerably well fiiitshetl, and
a Double I'iazza in frmit. .
...... A.I.SO FOR- SALE
Vs YiuvAe VanV;Uon,
Lyinijr on Gould's Fork,
A ROUT 4 MILKS FROM TOWN, CONTAINING
i:n ac ki:s,
Ahmrt DH jtcrw of whtcrc rrinripnHr LOW.
(ROl.'NDS) are cleared, and in a goinl state, fir
cultivation.. The Laud is well adapted, to the pro
duction of Cotton, Corn, Wheat, ;uid every tiling
usually cultivated in tills section ol cuunlry.
'Tliereison JL "J.'iJi JM. t'lie preimrsesa
verv comfortable DW.F.LLINti, together with the
usual -0,.1-lb.u-es, and a WELL OF WATI-.I!
in the Yard not inferior to any in llie countrx.
The situation is hi;h iiihI healthy, and a very desi
rable place ft.r a Coiiulrx Residence.
$y-' A !lmhT,rTtrrripri'mr is- donned riTrnriTHvr
rv, as it is presumed ;hiv jkmsoii wishing to pur
chase will view the premises fir himself.
WALTER (J. JONES.
Wadeshorough, Anson Co. i tf
February 1, i'M.
First-rat Close Carriage,
FOIl SALE CHEAP.
THE Subscriber has just completed all the re
iiiura ltcces:irv In n Meciilw).li:ifif Currinne
which Iih for Home time past .hce.11 in his . po.s.
session for that purpose, and now OFFERS IT
FOR SALE, in puisuance of instructions from
the owner, who has nowise for it.
nnd can he seen at my shop by those desirous to
i4-rffrr,cbn',i"
JOHN I. SUA V Kit.
December '2. tf
',. xN;4vr.ri;R accolnts.
4 LL persons indebted lo the Subscriber, for
Subscriptions, Advertising, or Job-Work, are
earnestly' nMpiosfed 16 'nettle i the same. ""This is
the first call of the kind I have -made in 3 years,
and I hope it will he attended to, . .
" niiise nving at a nTstauce, mrr transmit the
amoimt of their debts, post paid, through the
post-ollice, nt my risk.
RERTON CI! MCE.
Sa.lis.Gury, Aug. oO, Iz'JJ.
Il
Tiir: Dnrocrrca.
bEMATK OP TII5 f.(M:i) or.VILS,
Momi.w, Jasvarv "JO;
Mr. wi:nsTi:a t.reNuited u w, IX Ml.
PC of rewilljtiolH Ulluited III lllllucnim liieetin
of Iho citizen of JliMwi, to ron,.er the Mate of
the j urrem y and finunccij of llie i tutrf.
.Mr. Wi lwtcr Mii-I lie ihei! o fd ar unequivocal
unit decided teMimony to the r rlul.ili'v, intrltt
((I'imt, ami ditiiiitrreMeliiei of the loiii li-i of fti-u.
tlemen nt who? irtMiu tUu mrUing wus a'iu
hied. The ineetinx, wiid Mr. W., whm conui cted
with no parly mriM whatever. It had uri oij
niire Holu r, more cogent, more intcrcMing to the
whole romiiiuuily, lliui mere art ipieiji.im.
The Semite will ieri-eive, m Iho tiIMl of ihi'Mr P'.
o)utioni, no mtentinii to cxneerate or inflame j
no ileioMlion to i iii cxciicineiii or lo fjiii ail
alarm.
I hojio thir rrMraiuml and .f-ri'iiM iimnner, the
modenition of temper, nml the exetniilniv eniHl-r,
ot theNe rt.'tolulioiiK, 111 coiiikh'Uimi Willi llie plain j
truth which they contain, will j.ir lliem jut j
weight with Um Semite. I u-,.irc yn, ir, IheJ
meinliew niM(tiiiv tin- iii' i Iin-r were ueillier cm-
iitahsli, nor nn'fulutor, n-ir iilanni-N. 'I h are J m llur iiulUlom . All litis t-'foihi hue Imu lr
merchants, tradern, luechanirn. urf imH. mid others j ""'m I' i1 idle to .iy thai tin e nil- nulii haw
eni:iiel in the actie Ixisim-Bs of lile. The an'
of the inim.ular .iln.u of mrietx, and I hey dcire
.. 1.... i-.r.. . 1 1 .1 ...
my iP llire ,Hiy:n-W( ail CVI1 WI.I. Il lleV leel I"
pp-HN windy on (heir occupalions, (heir eariuti".
thtir LiLarsuttl llitw properly ; .aiui tu tvprcAa tuiat ,
CiMKi-ieiitiiMi convir'lioii of (lie c.nis- oilhat xd.
If iiitellip'tu e, if pure ii.feulion, il'deei ;ni, v im .
-pn-ad coeLeMnii with lneiiK -H in is xanuii;
hnmehcK, if tlmri.ueh pratind 1. 1,. ,v jcilj,- ;,,,,) , x.
(M'lience. if i:wpa:n!i; uiiihi li iweei t i - j- own
pro-iierilv and the pruMXTIh oft-ir wh.ile nauil , ,
nuthorize men to eak, and cne thnn a ntit
Ix: heard, the eiitiincrit of lhl lr -eillii' eulit to
make an uiipP'ssi ui. I ur one, ir, I enlip'lv cu-
cur in all their 01 n mi his. I mlnpi (Inn I'.aiiiieni
lirsl resolutions, wilhoiit alteialion ,r ijiialilicaMi-n,
..: ...1 . 1. .1 ......
un w-iiiii lonii inuv me prex-nl hiule n IIhio's.
Muting truly its ciiiws, and jsanlin to the true
remedy.
.Mr. President, now thai I urn speaking. I wil
Us, the opM.rtunilv to s.iv a lew words, which I 111
lem.eil tu sa , 111 toe course ol the nionimir, on th'-
c,iiiiii. ;Up of iherw
1. .1.1.. 1.... .. 1 1 . 1 . ..
1. um-, inn which are 11s iippucuiac 10 tins occai-i .n
us t that.
An opjHirtunily rnny erh."ip le lieroafierfitF.pl
ed me of discussing the realms yixen hv the S'
Ttnrv he verv unanl HM;a.suie .unneo i,
him in removing the drptiMlc. Cu ns I Know
not how near that tune may lie, I desire, in the
mean while, to make my opinions known, without
reserve, on the present Mate of the country.
Without intending to discus uuy thing at present,
I fee! it mv duty, neverilieleii, to let in scntuiients
ii31uylSuuiiiTn6Ti
III thtj first place, then, rir, I arree with those
who think thai there is a severe pressure in the
money market, nnd very serious embarrassment
felt in nil branches of the national mdulrv. I
tbinkttais.nttl!d;lui Ien-L
(ivrr every pnrt of flit country wlieiv"tT.r. i;iiw hH
as yet liegiui lo ojwnile, and win' lo become, not
only general, but uuiversd, as the operation of the
can' Ii.-rll spp-ad. Il ppNifs were wMiiU-d 11 ad
dition to all I lint is toltl us hy iIiomi who know, llm
high1 rate of interest, no-nt l-j js-r cent, or high
er,' where 7i w as lia'rdlv'B Vast S;jt tnls r llie dr.
pressTon oralFstis Vis. some leu, Miine fwenh , -some
tlurly jcr ciail. uil jhe low prices of coujuihiIi
tie are proofs nhllllikuitl) jfuihuiclit lo .-how the
existence ol the pre un'.
Hul, sir, Inlmr tiiul iiHM-t uxteu-sive uf all niter-1
e.-Is, AniiTii au 111a1111.1l lalnir livU or will fei-l t lo
iwip k wwre. utvusiiily . Lu. . uuorc !!' kUuuAW ULvi
tat r nr'asTtv 01 ai v kino, runiie woi:A- nave
sopK-'dj or ini.isl Mop; great private und rlaknm-,
ciiipl.o, ing many hand-, h.iie cea-vd, and i.lli. ;
miLst cease. A ifiat loweiiag dtte rate- of wa
ges, as well as a depreciation of pi"eiiv, is the
inevitable eo!ieiieii-c of causes now ei fall oh 1,1
tion. Stilus eiubar.'-asstiui!! in all hiauch. - of
business do certainly exist.
There is a stagnation .1 ces-Mtion of business.
kind of
laral
sis
selii
I'll the
busiiiess ol' men,
than the fill of
indicating, ninre di-liiu!! even
uxiia-.Uie..ttajaici:..aiML.tlic. pux clwL !muu 11uv4.LurrunU.iiU! Lm' jJiivx Immn;. in jIm; value ol j he
iii'l uncommon ihsturhing cause.
I am of opinion, therefore, that there is, un
douhteillv, a very severe pres-ufc on thi- eointiiiiiii
tv, which Congress ought to relieve if it can ; and
that this pres.sur'e'is ma an instance of I leonlmai v
re-ncl'on, or the ebbing nnd llowiiyj of roinniereial
affairs-, Imt is an extraordinary case, produced In
:iii evli:ioii!i:i:ii-v r:m:
In the next "place, sir, I agree entirely xvith th"
1 1 th Huston resolution, as to the cause nf Ibis in-
barrassment. We witc in a .-tato of lirii pros, j
ri; , cnmiueicial and agrieullural, L'verv tiranch
of business, and especially mauularlui -nig, was
l I . I.I I'. -'I, . T I'
tills
siieu lar, ami tlie creiiit, as won as ine capital oi
the country, employed to near its utmost limits.
In this state of thing's, some degree of overtrading
4wtttlo'. .KpW'biH'woiitwi.iYi'j''iiAiMi'
had occurred, would have IveriiM'a-oiiabh correci-
prt - hy thiifi..jirdittairy , aiitl.Linx"irj.reiprntrTiTi .pi t
ihinirs. Hut, on ihis palmy state of tilings, the
late measure of the Secretary li'il, and has acted
on, rl with powerful and lain 'iitable eiii'cl.
And I think, sir, that such a eaiiise is entirely
adnpiate to produce the etlect, that it is vv holly
tiatural, and that il ought to have been foreseen
that il would produce such ciieet. Those inosl
i'havetivikeitTit thf stirfUen of things only, as il seems
j to mo, who thought otherwise, an I who expected
.that such ail operation could Is- .gone through with,
wrthntit rrrnrntetttg-a very seiaotus Mto-s.
The Treasury, in a verx' short time, has vvr!!-
driwii from the Hank sjKooO.OOO, witliin a fraclii.n.
tTiu eall. of course, the Hank has Iteen obliged to
piovi lo for, and Could not provide for wil hout snOa'
or fesn incoiivciiienee lo tho hiIiJic. The mere
withdrawing of no n rye it win iVi'in Imudu uclilnlly
h illing ni.d iii;ig if, nud the tr.ii', tl rrin -f if,
Ihroiiii tin: llaiik i;(llrc!il,( timl thrntyli nnolln r
lliin't niiiiiiir il, if it 1 un lnuii it, into oflii-r liundN,
iv iiali', un ulujuitlikji, ifwului.l'.J midilrii.
ly, loin I produce coiiidefahle iiu'oiiienieiice. A''
Iuk is ull that the S-cn tnry m-j-ihh it have uiiliei.
paled ; hut linn in nol the one huiuliillh part of
the win' le ml, '
If liny i ieiK-y had nrrivi il, making it neccn-iii-ry
for the (ownum-nt to call "on the Hank fir
twice i-ijjht milliirtii of dollar, the demaml could
li-ive! 1 W 1 1 met, in llie dayn of coiifideiice find friend
"hip, without um oliM l,i e ,i the (jiii.k, o'r'pre.
"lire to l!i-I'ouuiiuiiit v. The alarming luayiuiiide
of the rt ii;t' fn.lil the hew llllllllde III chil li
llie ( iormni jil.ire itm'If Inwards llie l';uik.
I'.WT llir: ih 111 11 fn!. jui'ili'ili. Til'- (inlei'li
iiient, the Hank of the I mini Sialic, (lie M.iic
fiiiik, ure all out of place. Tin air d r.iue,
i;iid m pnpit' !, an. I jo-llui a'aiu-t - irli l Ih 1 .
Instead ol aiiuty, rchll'iee, and mutual Mien .or, re
lain :i. of jeahiu-v , of j ! 1 11 I . of li. Miil , eeu, lire
"p1 minu up Iniwi en then paite'-. All in I 011 1 la
dr'i'ilive, ejiell look (tit l"r IM If, Mini lll pIlU
lie iiil r'l i cru-.lie. lu'ltteeii I lie lii'iN-r and the
' I"'1'" 'n -vented hy lie: Lank, il it had exerted it-
I 1 pietinl lliem.
I hal M mere iiai't r ol
or it liV'lv lint j hut il w.:-
i.ini'Mi ; it in:i Ik' true
til.
ll'l - -'iS ll llll W lli irnHHM I
I the n iip aal l
III.-. I
Mtt
In a'k ill" UiM'lwx how it wa i rn.
halii'- tin
I'.aiik U'.uli
net hen tin iJnaiM at: h k
it, a--.ii its ci
it ll- charter ;
lit, ami
uid line
allege the 1 1': lii.ii ' 1:
1 i 1 1 1 h I it I., l.ikt an alii-
lade, at lea t of -trill dc'eice.
IliiM- cert.uuK a ri. lil lo liuld
In li in- iini" . 1 1 il ''til lulu
T
lie
C"llll'.lliill
1 1 1 - a'is-Ai-i.ili!'-.
tin- 0:1.11 u i iiii
tni'lv 1
ur
sin
it.r -e,v in -ras-l Micil the exil, let
emiducl of the Lank, 111 I he 1 oiii m- of th.; cool 1 n.
1
I w,
wli
11. a
t il ma .
sa win tin r tlie Hank in. a tu.t !ium
w 11 il.iii' i , and, tln:i' ! r; w ',,i tin r it
om i rated in
f 1
1 In a iml h.ae
gone luilln r than wa- if ... --..u 111
taking ine.i
till
inr in own -ali i .
i.i.l not li.i;iH .11-1
T
I.I . H I-
. that the
a ii'-w one. 11
IH
wli .e 1 ll'.rt of (I.
llllll' III 11 id
K-l-ll ' el.-i t .
p i-ii. I .r lli'-
i-s ledil llie Hank.
II..W va- il
I Lank In .m --v how ! i tl.i- alien
iiujn; l- -ih
How could it knmv, wirh emctne
t . " . - - " -. , , " ,
what extent t tu-
e:i!' ina't'-. ' I
il.i.ii U ii' I. 1 -
having io,ili d il- . I
ihi-s' il In rn is, ami
i.i, I. t, mi-iil 1
it I s t lis sl.mdmj o 1I1 !
ami
solidilv ' The 111. IV III'' Coin si -, then, ill I Hot In -
" u ' -'..I Ix'glH Oi
w ho as-ad'-il it.
In my opinion, sir, the jreat source of' the evil
is the sIjik k which llie measure ha o 1 i-ti to cu.
fidrncr in llie niiiiiien in woild. Tlw crniil of
the vv hole 5V.sIi.ni of the curreiM y of'jhe counli v
s't'ins shaken. The State Hanks have lost credit,
.auinds', i;onJiiIetM'.f. , .I'ht'y.hiiyi1, Miili'rnl .v:i--tlv.
hhkx I hai the' lUok of llw I'mLsl Stal.vs il--ll al
which )Ik' blow was, alined.
These Ranks have heretofore cttel as idhe-t,
in no improjier s.,ns, nnr for any uii)ul ptirM.- ;
biil 111 a prViHT siTisi', and 'for 'li' wise" a ml T'eni'fiiiaT
jTurpow, "They have ro-openfed t-i-i - rnirinrmrr'n
good eiirretiex-nml promote the rritivminicr .t the
luhhc. The mlliji in e -I the I!, ink of the I nilcd
Stales has Ih 111 lc!t, 111 liiainlainillg (III--miiikI -lale
of 4'Hshl,. IVoim- Al.noe to. luw.i.ja. Each SUi4v
HankChas li II llie seven) V, W Inch Itself eXMiieiiced
iroui Hie xaii-iiiai i. ink ; 11 coiisKieieu n-i-ii 1 i-
sife.Tioiu tin F11I uTai -11 Ti a Haul, was in opi ra
tion ; each Has iliiplessed with llie lieci--il of
suppoj liiii; Iji ,-v-Jrni, a.- a whole ; ;un 1 Ij t n ,nii
i III s been, I h.it v e ' i.i. I' .1 Male of 1 1 1 rem v , and e x-
changes
( lie- -i.il
i. '.'iiaill;d III liinili in timrs. Till- was
o i i 1 1 1 . o which llie removal of lh- m-iiiii-.i.
I' . I ' 1 ' '
ineuei
meiil oi internal excuanes i- one o
tin- nio-t di--Irons coii-e,jii n i s o liie mci-iirc.
Hv llie oii-iu of its i lint lei , h lis uiiille-lmiii d
.iditv , In lite fact iiTir it xva irr hr'tnr rnrti )th n ,
and in H'iecl credit everv wliere, hie Hank o (lie
EmleiT Slab's" aci'iimpll -Tied the internal i xi h.iu ;i -of
the ci'Utitrx with va-l f'aeiiilv, and al an 1 1 1 1 j n i -(edeiilnl
cheap rale. I he Stale ii.iuk- ran m v r
ae.'oiiipli-h this ; fir the rea-ni given in the ! i-ioii
ri-o'liitioii-, I hex cannot acl Willi llie same com i-ii,
llie same id-.'iititv of iniriiosc. L k al llie I'ni e-
notes of ih-laul Hanks m (he "n ,i 1 Loo!,
al the depression ol' the Mocks of the Slate Hanks,
depo-ite Hanks and all. Link al whal iim-l I ip-"-n
llie moment llie Hank ol the I niled Stales, in
ils process of winding up, or to meet anv l io r
cri-is, shall cease lo buy doinc-iic lulls. c-p n illv
ill (lie sou I he i n, soul ha islei u.aii I wc-erii In,: I UrS.
( 'an a;;y nnn doubt what would ! 'lie n.ie ..I .
chnnge wli'-n thai lake- place ! or can anv o,i.
iloiibl its ne e :ir elf," i I nnr the- pnee of tvrwltter-'
Th
Lank
ha
IS ptlll'.t lseil HUH lo lie' -HUM suit ol
.-ixty millions a xear, as :ipM'ars hv iloc'tmcuts
heretnloie laid bef ire tin' S llate. A ereat porlion
of ihi'-e, im .I' tilit, was iurcliased in- the south and
wist, a-iin-l shipments of the ijreal staples of
those ipiarters ol' the c hiiiIiv. lieu the Hank
CiUillot but lie fell, much severer even lhaii these
no'Y ,'.'Mfr rpvieei'l. l1ltsH 1J.lll!jl"!j''lJiil1 A
go ni'i further in paitleular siatements. Mv opi
nion, I rewsi!, is, (hal the present disiiess i iumie.
diatelv occasioned, ieond all doubt, bv the remo
val of Ine (lciosilcs ; and that just such cotiseipiences
imgTf 'tm ve" fx's'ii 'iillil ong;!it ti lt:m':!Wn iWrrseen
from tliat iiiea-iue, as vvi; do' now js'ia eive and feci
around us.
Sir, I do not helii'VOi nevertheless, I liil I llie'se
consequences were foresee. till such loresi'jhr.
the deposij.es, I think, would not have lieen touch-PiL-
The measimt- lias i'rateil tHtue .Iw-'f'ly- ami
Hioiy widely, than was eS'ced. We nil niav
tiiiiT proof of this, iu the. Conversations of every
lour. ooiie, vvlio i seeKs.lo aopiamr muiseii will!
S I I . I ' l, .1
Jthc: opmioiL-i of men iu and out of Congt
esiiT can
iloul.1 that, if lli! im t were now to be tkiiic, it Woidd
receive vi jy luilit cfn inirsi ii.tiit or nipjxirl.
lifing it ir. ion tint t,e h im.viiI i ihn i !.
ilei. Im prum, ei llm ni tfiifi', m iis iiiiii.etliHtn
efi ect, not mi much by wididiawin a lurjie iun if
money, as by iilaniimg the conliijcfiee H tlw roni
iniiiuiv, by InciLki.ig in on I he well ailjiiM'-il nla.
lionn of me tiovciumehl and the liaitk, I gn
ii.iin, with the lioMon Renoluti'Hi", limt llie imli.
ihI reaieoy im a rt Moiniiou of the rclalioii m which
(lie Hank lain In n iofre stood to (Jovenuia I.I.
'1 he resi.tiiii ii of the money, nu n ly, in uiiini-
M.lalit. i be riat' objii t In lo M 'lll(e (be iiif'
veiiinieiit iiml tlie Hank in tin ir natural telution j to
n siop o-'ii'ioMi, Uini lu Miller hiiu to y, oli in
lluir accii-ioiirtd i h uiiw-is wiiji,,,i the pi urn of
a siue dolliii io Un- Hank, Inn cuiilry would m
..I ,, , p iicxed, lo ii very pivl elcn, ,y Muy lie.
1 1 io.i of Congo lh.il ui Mime lived uml sh.-it
iiini in ic.ili.-r, di poxiies of the jHibiic mom hHild
Ik li.aoe m lue L.uik of llie I uileil Muleii, il hem
looe. I agree, sir, thai this ipieslion ought lo Ik- wt.
lied, .mil lo U- m tiled sim.Ii. And ye), if il lie dr.
cidi d'lll.il toe pnveiil Mule of rhillgn f Lt, 11 I XlM
il ii i tic ii i rinniaiioii of Cimyivsi lo do no.
liimg i i oi,l, r lo jinl un eml lo the iiinmliiral, dis.
litis, f,i, Imlf In liiei li jl, pp.. condition of J,c
t. .vi riiineii! ami lln I'mnk, I do mil look lor anv
r' lu f In llie c iiiuiiiIv . or anv eailv ipiietnig i'.f
lln' public agil.ilnrti. (hi th" eonlrarx,! e.xscl
im t. u-eil ililtii ull v , unit m, ri :is i disiiii I.
r ie Ii a 'i- ii r iiii i.itii.n would itle iioilimjj, .
iip! ili.il i verv Dung remained uiisetllid.
ftre jiuMrr rnriTT-y hp-now otrf ot tb Ibtek t4 -l!,
- I mod Sl.il'is. I'li-re h no ,nv re-ul itiug
tli.-ir cu-t.iv , .r ti v.ng th'-ir place. Tie air at'
liie (t-p..s,i! ot til'1 N'Ciel.iry of tlie ''re;i,mv'lii' )
k'-pl wii' ic In- pi. a i s, ,(, in- pen-, s d l ,a.
ci - of ttn ir cu .t n! to he changed as often as ho
(e'l-'s,
Now, sir, I iln im! think this is n stale of thing
in which the coiiiilrv Is hkelv lo aci puccc.
Ml. I'll -I I' I.I, the re-tor ilmn of the i!cj,Mte (s
a ipn -Hon ili-linct and b i(s-!f. i ,, , ,, ,..
ci --anl involve anv other ipirMioli. Il slaniVs
i h ..r o all cohiinvirsv and all opinion about re
etiartenng ine Hank, or rrer'.tmg- any new Rank.
Hi.t I wish, lievcrllieli'-s, Mr, lo niv a li w words
i I a liearmg - ,ne-xv li.it Is volid tii.it i;iie-lou. He
inj i I . 'pimnii lli.it the c ainlrv t- n ( h:, K to I'
.-.il. Le i with the pri-sj i, Mai,, of ihlil"-, I have
t1' .1 i aill'-'lTv f.l llie sH'o'l'-lioii of m.iuc lies.
- ... , .
jK-itive iiihmih' nine system in ! adopted as
I he lutitr.' him v of the c.iiiiili . I, p- nrc tho
pnblii inula s lier' iili' r I i l- K, .l ' In what cur
P'.iey I- lln revenue Im re, lib i I i e i ollri li d
W ii.it is lo l.iUe Ih p'.n , f ,. , ,Hr t(-
iier.. i hip ncv - ,,. ' , Ul. , , pn.n,. ;l
iiml'orni c.irrenev.a uu.fu'iu measure of the value
of propertx, and the v.dm- of laU.r, a Uniterm iuc
itiiilii of exchange and of paunents ' ,, mc ttu"
fo'excn iM- (hat saliitiitx control-oxer the intional
rMrrtnurM.iiu-4i-t.u ,iii itin iiu.iii. i. Tn.mit.f.- isiriw.
ff 'the ( lHi.-tltUfliill lo tl'fVohtJ 4I f imnriM ?
These, sir, apH ir lo me to ly the ni ituentiMiii
!ues s U lore us, and which we cai.uol long k,.,.
out of ui'H. to Ihis ipiesimn. exerx man in llm
HinuTimity-, -vxiir rM
.(iarii viuv ua a lurra iutiaxt. ,s. . ... -.. .
Now., sir.. I, have, heaul Lot au suHfeMMais or -opinions
a-to what ma luiealier. I' ( Xji led ur
atlempCed.
L'!''. (l tribal Ihines. will remaiij Its tj,,.y arj)
I In- Lank he suiii led In exiire, no mw liimk
eput,-,f,-iind tiir n-inife-vrmject teti tmd( r the com
iroi-nf tbe -:stViIrh-iiVjii'TiiWir'-:'
I have ..l.i .mv siiul, tlmt do lio Is In ve j(li)
-eotimrx Will jAir'aV.uicsi'e in tVieC "' "
I In -eciiid surest . ,n n, ,! vvlucliwas lllitdo
h;, tin honorable im iidn r fioiu Yuitiima. ( Mr.
K,Vi-.) .Tll.'lt II lioraflie member pleiiges (nmself
lo bn,,.- ..Vvaid a proH,-ili a hav lug liir its object
M fin :iwiX-W'lfrTh firTpef T-trifi 'affilJctri'iTramr
I" i' ii to an entire ,i, ndlic curienev.
1 Co imt xp. ct.-v-i,-, thai the hoihimfile memts r
wili iiml luoelt Biipp.,rt m wich ail ititderOikmg.- ' A'
un i' g .. and -ni r ciiir- 'ii, v, and the entirv uIki
l.ltoft tf-pirr,"s"TiT -liVli'd' f.r Hie 'turies7 " 'Tlie""
ii. a ii . - -"iin I linn ,i hille loo aiilitiie, loo Spartan,
in il ; vv iiu'il as well think of jjoing to iron at
nin e. Ii mi. n .a n -nil as the gent !i in.ui hop. s
ioi, vv re ever ih -ii ild". I regard lis altaililiieiits
V- ml, iK iiupr.ii licibie and homdess. I lav il. ii
s, hi un . lb ret.'ire, om of mv eoiiteuiplalmn.
TTi" e"is, TKei'iTrOl.p'aTt7
soul i;..i,l. ; and, hi !lv , liiere is ih establishment
i'i a i .v L ink. The l'n-1 ,,f these received lint
-am -Hon n the I. is (.',,ngicss, hut the measure wa .
Iie-a!iv .! bv tin I'll sfJ nl. Th,. oilier, the cre.l-'
lion "I a new Hank, has not been broii; fit forward
III '..ii-ii ss, but il has excited attention out of
do ii' i and has b- en proposed ,n somv of the Slate
i-la.iii. -. I olisi Me, sir. Iiml. a pi'oixisition
Iuli 1m.-i.ii .-iiImoiIIi iI lor eoii-.ieralioii, h a icrv m-
'el'ioeui geutlemaii, in I he Legi-lniuic of Ma-s-n.
chu-i'IS, recoiiiiiieiiiliiig (he. eslabhsliiiicil ,,f a
IHW Hank, With I lie l illow illf provisinus:
" I. The capital M.c.k lo U lifly millions tf dob
lars.
4 Tin-socMiodeisof the presTiil Fiiileil States
to Hie sleek Mu x II-iW lie Id.
-- 3. The I inleii Stales to 4n sU khokk'i ( the
siinie efejif"rtiTiiovv aic,;mcf
appoint (tic same
nuiidx i -of I bn cl us,
" I. I he siibsi'i'rptiou tin the riTiiaiuing tit'teen
millions, to I jjhML
pimtHtoir-l'-timt''
ju-l and eipi d i.ilio: the instaluwlits pavahlo ei
ther m ca-li uf w liimled sds k of the State, liear
llig iijlciist al live percent.
" ."i. o branch of I he Tank to I established in
a'ny Sia!e. unii s- f M'-mi-.-;oii of ils I:is!iituiV.
Tiie Imajicla s of the Hank cshdihshed in the
several Slates, to he Tialil'e io- taxation bv those
Slates respectively, "in the sunn trimmer, and tut he
sainc exieni only, with their own Hanks.
" 7. Such State as niav Ik'couw Mibsci.tlx'ru to
k.
. I
( i".
- '
.4 - i
I.l'.';y,:fv--. .jtVlf.rv v.Mi
r:-Ti; m Zt:VtfMi ;;;. 3S;V SS f IS. i.if
iw ,..,:, .;-'.;.., ,ir.;r.v;'.;: ,-..,.,t.; :.;.:'..- '
, -,:. arr.. ,.?tf.4ii,-.
'
'ii. Hi.m.ijijaniii
-1.1- A...:' .