Newspapers / Western Carolinian (Salisbury, N.C.) / July 20, 1838, edition 1 / Page 2
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? ....! r i'u''l (in J u u.Uf, 1 1 -i 1 1 "r M -. i " ' '-. ,t ! i!. i , -I I ' '. , I . i " ' . -.1. .., H. (j.iii-J i i -I i l J i ! L,',t( at . .1 1 c 'J . ! I 1. I !, ! ' f.. ( J '.. : ( J 'iJf . I I' " ' 4 fry I t J '.' f.i .4 ... I ! i l I f 1 1 p ' i I' lr k'.l . , . I I- I K- , ... . I I ' If. g ! I . I.r . - i b -i . '! 4a 4 d. I.' ill, l- .i i I -.. r 1, ( 7 t -i t i i . ? i t I t i cwii'M. l a teii""" r ! l M wa i' ra till ai.'r rm, r ! 4 the wa: M mi i rrtbat ' WM Late rrreitaj. MMIII nah ta el it ff nf) wherb 1 1 (rrwnifi tuA Irff ditfi JrrlK-(tU La tljL,m4 bf. n-eiarrj Ii lUf Li'4 p-r(rt!em, rd cttrc ae lif gre;et "".cr'tlM TILtAfin, AND TDK f RINCIl'IXJ ON WHICH IT 14 fOl'.NDKU, rU,u- ' C1S f W ftrc mnrunn, turn ttnpwurwamtm m mt vj mjmg m opto U I 1mm imi)4frtc mlamert btth rnc ra ii (rtUf t ba4 ihifJ, ib ViririK W d or Uaf Ijh i rw poMaMKMialj, tod BJiogMb mt aoit, r fti Bitljr m mm It djr, fbr () Miri Uom i4 mm t4 eul,ft4 b if lefl U trowM r Mrr ( lotrmM crop, ! h!fiiii tak of 0Impm it m kbM ikal iIm uf 4 lU 0 bmmI U Uokvt. m4 nM bio port, m Ikoi w lU fiiat oUAco ii mojr furwalt U4 t4 cwnng f.r lt V44 oLto Ujom to om4i tbeir rwuf into it to.!, tj 4rw tiom it porliuo) of iMtr mU unco. , ' ' ' - ,1m. At m! lk yoor, (tpnof , Mtitv owr or fatt.) it plooMif jrl.rtnc4, i rl - Ituo) l irmm n4 improf rmont uf fb Kit, dd ft JkirHM of vwdi I Tbo lwfO KtrtMlfie OfMIMMI M m fatof of fH fiUmUnt I tw ! U of air tod mot, fcjro it oU ImI frxl, tno ac)li or 4iidtn HiUtf 'u wn4 only la that l 0 plough itaelL Inclav oniW.lhia Krporalioa IcmM ttm Uou.it IcJ f (rcavo Ml liww lj oeliun (4 fa M g fwlr f , 4 toeaaoo or floagW of to kiiri ma) oa io in i; aprmf iii um w awry ining. in tUaoprraik kvwerrr,a iuat (or pi lonJrn, M vail aapVuugfci Sad cart omot Sa takon, thai Mir fur rt bora aaffiramt drciiaatti to carry 4T it awobio otrr. Vf rik thoao procautiuoa, joor ' rlay ground trill 1 rdy early k lha apnng f nc4kw pkiugiifigi M I ho oVcnoip"'!' oi ikt od aU troeda, (laraeal doot in Ika wilt kt rar1 if ax4 abogtikor roaspioto. la dry and vara aoila, tkoat advaalaget tro lea, Uul at u'C tr I in gained f aorwig work M awR- 4iaot icvitatcanaol to orteiiro that eciHotiw n4 rotrely otirbborbut lhj foJiicliva puwara of he ' oank aUn, br lUing ua to ahadt thy toil iih v rowing eros. 24. Wkaf number a ptoughingt prrparalory to p crop, nriflrotary atd ftftfmt f ; Tlit Komana wars is too proclieaof moliiplMsd 4ouglii)ga. 'Tlutaoara aa wall from Iha pre. arepia of Cat, aa from, tko opimoo nf Colini(41a, ha( liJJagt which dot 4 leara tl aartk in (nit of dat, and ftodcr Ibt uat i4 karrooa ua. . faaary, ta out bora trail pprCirmed." Toll, and ' . r diacipkt, carry iko duclrint aw all ttirlbor, and Iwlwtao that fraajiiaM plowgbinga enable wa to dw , peoao- wjlk ten Ika' awe U awiiuraa. Tbta, bow er er, i ectratagant f it ie certain thai the plough ' cat do mM, but it ie equally certain that tLer ia 1 rrwcli it e4tnf4 do.",-'" 94. M hat dnplk if ploughing ie overt te be re ' avifnoieoilpd ? . . Thie ajweatiMi, tkougb baaeotnfliealadtken lb laat, rel'uree, Lk il, an auwf eualifted by ctr t umalencea. .Tap ruMed plaula require deeper til lage then oilier J faH ploughinga ny be deeper ha A teoae nf apring, aixl aprtog thae Ihose of au(n mnr. If the orgrtable awi t dorp, tWp plough trig will not inj'ire lt but if ti Im ahallow, avch plunghinga will bring up part of (I avSanit which - l alwaya nfertila, UbUl it receiroa new pruiripic from the atm'vphare "JTIiej wlio prelrrnl," aeya . Arlbor Young,!).! ibe auder U)rrofenh it a ...ProP?!ft,-?ert,,',-W Mppe'r.niiiDUun a per. - pdoi, rrfutod Lot Li by feaeon aini eipetteoce." -' Where, kfw?er, if becomee part of yiair object o bicreeee the depth of Ihe aorface itl, dorp . ploughing la tmliipoaaabte ; a4 io thia, aa in nwuiy other caart r- e twyat ' aubmit W pnjttni1tmuoa' - ieoce for the advaalage of fulore beneGt. But even fceM It ie laid dbet ae " ruIo,"lha io proportioo '. . t yo deepen your pbughingt, you iucreaae the , wiity Or waouita, . . . From' aii io eight iorbea nay be taken aa the erfiuery df ih of auHkient 'ploughing.' CONTRIBUTIONS rOITT"K SUFFERERS BV V. , .TUB FIM P ClIARIitSfrON. . - The Mayor reporta a reeeired for thia object, theauiaer flZOfiW Wit from South' Carolina, : itmnrgi,-! " . ' Pcpwytvaniaj - New l'rk, . . Luuit;ti J - a 7A.771 68 - '40,030 97 27,975 23 14,910 (JO 5.977 33 :- 4.012 10 elia C3 3,(103 U0 3,n62 17 1.76 ftO MaaaaclMiaettaV Virginia,- - Alabama,1 . North Carolina, Maryland, ' Ririda, w IJampahirf , . Conoeciicut, Ihalrict of Colurobia, pbodef.Und, 397 62 3lM) 00 IyO 00 An rwi BALLOON EXCURSION. .'taaIoa.--We Uii4nratant tl.ia ii lrpr.;a ftulWIi look bis departure froio Cincinnairi, at 8 oV,-k. I. M.,o the 4lh iirt..4, m ftia " H.r oflhe W'rat," ... ti . ni . onipenwd 'byayo.msMy, The arcather waa wryirornUev nod we karn that licf.fre atarting iw wHicaj uia uiiEmi'in vt taaing a mucn longer jouroef fce.rnng acciuVnla, than on any previous nmde ra the went, tl lady pulling on an apparent mf eoippoaajre and courage little expelled, and in leed not even eurpawed lf he intrepid Mr. C. him self. They earemled wilti 'ajBiilinj facet, and the inlereale and e? cltemeot erince4 hv he vast mul titude of epectnjora inide thatxiiiclotiure, wai riwt awrikioriw-eijMiejie;'' .t;,.' fio intelligenta hod been received from tba JE ronaul at 1 1 o'clock, . M on the 5t h, whn our ifonpaBt left thacily. iVe shall probably be a bio P OUTICAL. HlT.fXll or Mil. CtUioCN,- . a -i . . ...i . ...... . .. ll' i eaiM, if r h ,r, M'DH'r, N IU I'ufrrurm. A.wrra tm lU ri tflU fitted Umm m 4ra i4 mum el Um 0MoU fuf BiM cn(ylli imimv 1 M ( (4 art ' u, tA Mnu. riu. (ixt. nC kwm, IW oW fa a44 a erfocf , Hi "-f of lf 'lmf wnuw wi'4 Ituiik a mrr ftaii4t ! a4 )fg(a oic bv lWr4 Um r'M aorfoUtfaiMi lafurkMaoi4oolaeut nmef, al a oaa tmtrj I . V Uir Mf m m4 f a aun4a of l roMMimc, !J iawt a4aiw (Ml km iv U i MMt ( lh CuntiiiKio rrj U M a4otl. To tot tf 14 1 Tk ctwt M lUt natfM4. aiowa ft Confma lU fif M to era opMarf aoJ rrca U ! tWaC r1 li kiwJroi ft4 lu Aj t) oUoaaH of mmfU a4 n-orr. TiKf art '! aa wninl la U titfrnt CotifTr aa U ermy IMnlf. Tl n4 tl a4 bno woonrtaot p tbo rjrtmnrw at com aa!4a, Uiaa 't iJl f aa4 l o(W; m4 U terr tnn of rowoiitf wink ril4 mU it U rifht and J'rt of la CwrrMial Iw furah tb um, vwtd makt K ftjulljr aa to fa U etW. Aa: vimr caanU it ifwjul oliifo ao4 otlef oiaanai irtoatj utuo - fa tl Onnoew-m io fcna4 to fumwfc riwm 1 IV' iiki ftxlr, enmia4ilia. la ha icbnl, cot", rcL Ii4nr, a4 It tarn prtaionaof af toiloro Of atiirarwY U M alaa k-otui to fgra ton I 4 Una m taia, wabwt WW; a4 at Uiat, Iob, b fat eJ4 1 It BM. I art iha H-rt'n to aiaka U 4t0mctm. 1Mni will t'w f t4 00 Ohat fMluJt1 , IX m h tmt m t'(, actw. ifif to Una nJ uf onoalrorlioa. Ua birhrr ortwrr ! (h( (kkj .. , , (,frinU .i anwera t Tt k, tv iwt nra, Um tr wiwrr, and apply laaamnw Ma af CMtrucliua b it, and wkat puerr woal4 Ibt rt ka Lkl Cuiigraaa cuuld Oat aiarcwe oar, U buoad U cnrcwe 1 lo'ellifrutc. awrala, wraith, aifBarra, earraory, all are la porta nt Wxouof eewrr, aad omjt hart to ia tha aVfawa at lae Ue-oe ta4 Btty of UVi co'ia'r;; aad. according Io 0 Hreatera raaarf , U (jotammani. woul4 lt a Utt nffht ad wr14 b m duty bnua4 ia Uka rharga of ti aeaoola, ll auipita. tha inUwairy, u wipalatioa, aa well aathr cerreocr of It coowirt ; at thae wl4 toraarahaml Ik eaiire rireia of Irfistatam, and la the Kuta Uo- atmowata aa rWm apfwnoagaa ot llv twt. j Iiif omw.I Uku4oa uUfiMua4 h- htUa ctnlre buUiof, wnk hVjr apartinrfiiA oothiag rrmaioa of U mMira atnKiura but the hure poruco m front, atfi wha h I aball Bail moHHaoce It work of aawolrtjoa TkaMilorap'a4bwaiaafwraeacrear" and batika, by aaarrtiDf tkal bank credit aaa. io truth and reality, aa much capital actually aoMrd to the cun anity. I waite the tAfXliuo, lil oritWr ernlrf, nor ll baokiaf ayaUaa, ie um4td m the tjimlB; iiW bat UMe who are oppnaad to the onwo of li puliirl and vay power oppuae l)il anioa w in ottx-r rctaooe, no ti eroood that it by eaJkroraUe to a lull deelo ittanl ot the cr4il rratatn, aad dtnferooa to the bank lOPMaejroa, which Ury briirve ran only bw aaved from mure 4etrocton by U arpartl.un i and il Uiowa, uf vMirw, all thai be aa ia ;elatiua lotheei w eitlirr a bvffjfirig of tha ouratiofi, or irrelevant llul, aaM i.ing hat t Mid ij be applicablr, I atiall ahow that t ia ri iher uaftHindcd tQ fact, or rrruacotia ia ameUmitm, Kolar I'nan afrtving with U iWt'ator, tint wnat ha calta bank crrrtit ao much rral capital aeVJed to tl rrarairy. I hold the opfonte that bank do nut add a Cftrt of capital, or ertal it Rrprded etrictly, tbecmlit of ban La m limileJ to thn capital actually paid in. Tin oautlly ia tha (!y aunt for which the Kdw khotoVra if lialrlf ; and, witUnut what w called bankm.' pririlfva. Ihr ax-old w4 Lave a ceet of erevlil beyond that aiiKHiht But ll capitl Mibacribad and paid IB fk.1 cnatrd by lit bank. ll ie draw out of lie ceeerel fund oi li ouunlr. Now, I akk, what convttiutet iu emlit brytavl il rapi'al ! In lh CM plica, and nam. ly, it m derived ffcea tha fcrt ut both General and Ntta rr'ienta raoirt and trrtt bank Bott aa rth, and lherly, Io I) Cit- ntuf their kVal acl'lue, virteally gva Ihem the vwrot their rjeuii. It ta anei ving crtdit, U-ketiu.; o them exciuairely, aad ia new titer created, wnr mcreaand by. ormtU4 the bank te ear it In the nelt plae. tha JppaMU Willi tl UoLa both public and priae, add a Ur.-e aoiouul to their credit t but Una iga iq k aither the property or p redjt of lb ovanawiui Ha -MnHvaieaMrwfttctt iney are par milled to uae, and which they neither create nor in create. Friwttrrnoter and bo!, or other credit oV coaeted by ll Ubka, make ap their credit, which are neither nvire nor lee than Crere4itof toe drawer and eedieaers, on which tba bank 00 buainrea. They take in the pajcr or credit of other, parable at a given day, deduct ti in'ereat in advance, and give nut (heir own credit or note, payable on demand, withcut in ta re tltat ia, the errata of their own paper reeta on U credit of the paper-duNujuirted, or taken in eachange, which credit they neibher create nor increaae. In a erred, all their credit beyond the capital actually paid in. is but the credit of the Public, or individual, oo which, by what it called ban kind privilege, they art permitted to do buaineaaaod BMe profit; and ao far from creating credit pr capital, thev, in fact, add not a cent of capital or credit to that aInch previously elisted. But U Hoaalor next HI u that timre. ia three burw dre wtluwi of t)ntirviprtal ni-the Unioni-nd that it real SO fiil null. capital, aa much ao a the p'.ao Utiooa of ibe AaiUk. "Tke ia ceita'mly new to . I had Mtpprwed that thai vat amount waa little exea than a Hciitiou mar of credit piled oo credit, m the erection ot which but litUe apec or net capital i uaed; aAd Uwt, when a Mf bank waa created, the I wheelbarrow waa put ia motva) to mil the epecit frotn , the olJ to Ibe new lnitutxru. till K rot fully umler , way, when it at rolled back tfliA, , But itaaenUl 1 " 1,1 n"ttei Ihet the Whole capital ia actually (""d in cab, and aa aoltd ad terra (irma itaelC Thm vnwiu.j Mini .wtifui ib .tfv . lava ut ntw uaur occurring. IVre have been, if t mieUkt ant, (hit or nt recent bank ctplmtont in tha Senator a own town, in w'lico tl wliole vininhed into thin air, leavjng noth trfjjf behind' buf riiio and iJraolnii.h. What hs becoiiU) of tlt norlioe of hie aolid capital 1 - Did -the Sfnatnr ' ever L;uintatioDiiiuexpluoitigaiJinahing I .nd1l ?W f H.- ,w Urg. j h ,hw h"n dreJ a",l,'T i ,,,d ctP,lul wril eanpe in the at me way I A few year may enable a to,nrrU,iaqUeW ' ' ' . ; j The Snau nexi, by way of ill.rttraiion, wn dertook . io era w a wtmctio.n o. twees Bank credit and Ckiverr.- moot crwht,or puhlic dock, in which be waa not aery riierTiuih real Mibtlairttally on debt, aad that the G vernment atock may be, and ia to a ereat rxu nf . add ally aopiied rn Ibe aamrf modv tnnk cieiut in tlieoae OfSrxchangea and boinew. it in fact constitute, to a grvet etont, Die very bsait of haokine nperoliou ; but after haviog o.-riipied tha Senate ao lony, it would be unreaaonable U) conaume their time on what waa tntro dured t t mcra ilUnrt ration. 1 - The bleuatrjr aeat undertnnk to prove the immenae advantage oi banking institution, f lit Baked what would he done with the aurplu capital of the country, if it could not be iuveted in bank atocka? 'la thia new and growing country, aviih null ion en mflliotia of Jamls, "t i f feat ( l' u a a W ti-1 raj. ul. 4 -4 i - ii n. iui . w.n u V teat m.i. 4 Sals aUiltl pi ot ll ban-1 ..... . ... ...!..!...... -t..Lt.. ') KiW 'l"l U inai. n', . . i-wh.irl.aif IB. ut area p ui twiif -e-a , laaaa I a, Kmih a r;a: n)t"W M ij Saw!, aad w..itli lutail w.-l im in tafae (rra'ty, inmmmm4mMiA Mmtt ri.f mm prttat KaJ Tt Um lri r Um Utm Cre?d by U UaU, 1 .!. but Uart m Ul b COaJrr4 a 4aO tj to li tin;ty, e raa-ly et tp.rt4 ia kr wttrrad aay aw ep.cMi;y oa rti 8 . aal 'f fi afl-4 a u rvnajar 1 bad ru;ieed it et luiitriy a--r Lf tl C'uaar at largv, ami par. trer1y ke Miaa B-4 rt afl-acet circttfaMano., Ibat II al4 eta.. raM Ml aaaraa at I ( ! Ua of apaeoiatiea, t il w.-4 (e alwwi ; and thatoaeef arWid4aiaijalajrba. mf ) atrai at. On I it Weouaw tbe avatraieaol of aaakieg ara iiBBvea trnb-r, whroever U tmrmttj be- Ce eaceaaive. Tiaai ytt aot WNaoai ta'rrrai. a4 f a tab the tta to brtr wrth a, aKi I awiaaa M a few Kemrnu Ie UyUiM it, . . a Ttw eff tt i4 aa iparatr cvrraory lale raa pm eee, a.-d hi pat pKUi m aaAa IU who beya. a tri tm areajM to realise a talon. aa4 every nrw m oa i tuuaWaat ta aaak aueoMaJ Mvaetaaaeia, and thaw ante turtll a OuOaUi.! w;fd iwipataa. wuh Uuri, mt U paLU laa, tl r pr-ra at aba a fca4 at l .'. ear at in y ajche are a '14 at ewhlic atari ma The ria of otlT Ufi4 peooerty a tre at a pew eweMBd a the pohlic lar.d; and tprcula lawi fairforacea aa gwat MpriatMirt ra the a, a ft rt V al puuhaae art e4, aad U reveBt of li Oo veraioei4 mcrwaea ia projurtioa la r urtiH aaW The ptyuent aiade ia beak nutr. and thce pa I root ti lead rBce to Ike drpfarf baak. ted cnoat. tote a krga aerplia e new kaatmi fccililea aad at- emiiaaraialaioA Apectnla frnaa all eerra to Io partake of the rich harae. aat the ( reoa lo Ua of aptce'tUTe to t rea4 ra per cie of pvb.' laoee, Tbey pa throurb ll band if tereivera. ao.1 tj.er.ee Ie U bbk, and aftie k U apeeiiUba'. and "every reWutHi uf li wheel irjcraeen the awelUnf tide, which awerp aeay o4 hoaa oi 0 rk Brt acre tnaw U f tnaeraroent to the mo(aMiira iu baak reeVe, wbarb ia tb- end prove at vaorthlea a ti paper no which thry are writ;.-.- Had tb ptmrm out hrw arreated, by U eVaw.t act , of lOt. aad bad li baok eotde4 ae rrvVaM, ra a ahort lia tl wieU (4 the poblt donin. It precKwa laheritaoce of the Paiple ti lb l'i.-i aad loeir aV. cwooaaia, wdd bae aaed Ibroeeh U aaa pmceaa with the tbirty-aa mil oi arre which the Henake ao k jhly coaaraenda. Wbal took place Ua will take place, at Ike veey aeit ewell of the paper tide, unleva. iikdeed, Ihi UIl afniU eeo law. afaicb w'd prove aa eflectaal cheek agaevtl rt rererrenc The rVaatnr aeit Lttrihutee our t itrvrdinery ad tanc hi MateMal m4 pnipiaTiiy -4a It hatikaag ralein. lie put dow a aa a thief our free Inatrtotaw, u rrarity ia ahicb the People etijo tiatir rrbta, the laatctteutot our country; aad the fertility at rt ao-l, and the energy. avluV 17, and eoterpriaeef the atork (roti whtrh we areoVtcended. All the. 4 eecna.are a duet Tba bank are every thing, and without bam we would have been but little advanced m improve ment nr pewperrty. It ia aooeb OKee eaay Io laMen mir prfwperil) in the banking vtea than to prove rt That ia iu earlv ataeee it coetr bated te five an impclat to indualry aad Nnprovement. I do nut deny ; but that 1 in It preaent nceaa, it impedee ralhef tbta prnrontea aither. I hold lo be certain. That we are n4 indebted tiilNJjwr eirraordiMry adtance and irnprovemeala, wholly orlhatBly, there w an anrnoaeat ha-M I regard tadecwive B lure Ibe Reeolatwn, hid no bank, and yel aur hnprovfaaeot aad prosperity, U lluncr coo aideprdL were U rt anterior to 4. at whether we rerard the inrteeae of p-pullan or wealth. At that Imi aot a hank note we to be eeee, aod tl whole cirrtildKXi cnnaiated either uf rnld and i!er, tf eol.4iial paper anooey, which all bow, and eaateetally Ibe Knatur, eoera u worlhleaa. - Had the Senator lived during tint period, te might with eqml pliuat biliiy, have attnbuted all tha improvement aod pnajperw ty of the eounlry lo the M cob! paper money, at he now doe to t e bank; and have denounced aad at tempt lo efiange nr impte it; aa an overthrow nt the credit ttem, aa warmly ae be now doe the aa pa ration of the fiovenimenl from the bank. I lell the Hena tor that the tie rmiog, when hi preaent delence 1 the baakinf ayatem, aa rt ia now orgtaiied, will be eonaidered a eitraordmary aa we now amo'd regard a defence oi Ute old and eipbaied eystera A c4ial pa per money, lie eeem not lo are that li tyatein be reached a pomt.wbere great changee are anavniHable; and without which, (he whole will ecplorfe. The mate of it manhood and tieor ha rwatad. and It 1 nn far advanced in that of drpaodav , Tie wboJeerie.! I u.uat ae reiorfevi, or tt tmrat peinii ta he aaturai coor 4 ererrta, Twe aalae toward it rweovatinn at th- prea aura he demoDrn w audi rmra' awxi'4 Mok.wthe aepa ration trooi the tJovenuoent; tod the next a aepa ration hetweea dwetmnt and circulation. The two are incompatible; and ao lung aa thry are united, thnae tre qaent efltortea f eontractiooa and expaneioo, to which bank circulation ia an aubject and which ia ra pidly hrinfinjr il into draer edit, tnuat continue to increaae 4a frequency and iutenaitr. -iiQ Uahailbeeou a com pletely diarredited aa continental money. The Sen for aeeme not to he etilirel? ana ware oi the danger to a hick the eyalere iexpoel trom it freqrjeot ribratioaa and cMaatrophea. lie telle o. by way of pnt0!. that bad it not been for the apecie circular lli preaeni calaetroobe would not have occurred. Thai it haatened it, I do not ia the leert doubt ; hot that we arwuld have eacaped without it, I aholly.deay. Tk caoee of tt expioaia lar deep tar beoeath Ihe Cir - CU!aTifti1W.binir1l"tne rink toe eeae immediately after the removal oi tie depnatte. could have) prevented it -That wt the en- M, wbirh hrm(r paaaed withnoi dome any thin, what he ainee followed waa inevitable. But aJm'rttinc what he aaya to he true, what a picture nf the aretmn doe it exbrbit ? Ilow rra l, hoy unviable mut 4 be, when a aTnrle act nf the Cxecuti.e could bring it to the erouml, and epread ruin Over Ibe country I And shall we train renew our cunnexioa with'rnch a ryateiwrao liable linen the alisrh'eat caiu lo ueh diatateraf ', ! it n4 con rliiaively ahow hat there iaaome dep and inherent de fect in iuvery emtitution, which ren ter it too anaaft to eonrWe in wrbout enme radical and thorough refjirat The Senator hlmsolf rrt comi(iiii oi thia. He entered into Ihenoealinri. of exnaruioeeaod annirac. Ikma, ami tugireaterl aeveral rempdies to correct an evil, ffltl-tl Bfll)f rH nVifg, tnJ mhu-h all unit aaa f .r.1 eorrootedi raoat end -nrthe-fifial peerthrow of ttw 'Ufa (era. (I told a that the retnedy waa lo b" found -a the proportion between bti'lion and circulation, und that he proper rule to enforce the due proportion between Iha two, aa,whea exchange waaagainet aa, for the hanka te rilriait. I admit that the diwrare orvinntea 10 the undue prrmortinn. not between bullion and eircula. 1 1 ion. but between it andtheliahilitieaof the banka, even rnora important than the latter) and tint tH rei'i L iX BM .oneiA Iff enlWcintf that propnrtioa.lloV two qnetion here preaent themwlvee; what 1 thatditepro. portion! tad how la it en4er our aye'eta of tankwg to advocate of baakaof dieoonat f If that prrmoVii, be tramcetded if we tdmit twp,or three, to one, to be! ty au ma the due pronnrtion, or tny other lhat would make bank, wg more profitable aad el.gtbje tbaa tba mere kaniag "t,M"v"" ir,wriMiR"",wiiiw , .... ..Au,u nwutc , Madul on ohierla nT inteenal ' l be aaf.. l anrf that ia. h. C, ,.r. nll.r rj i;.k.li: foe ihe vear eiwlln n ih. 3niK 8ei 1 01- I YT. wnJw,a "'erMl fcA toln'MTI I Jim. km aha n..t i.. u-k.-l. .. - 1. fDnt HIIBmPJll (I IrfiniirPM IU. reaiBIAMt liuli... ' trtrJM,r2 . :rC?r".rl'; likewiee aa In the eicacTol- wonld hrinj - nalwck agaia to tbe o?d, honert, , and 1 auh. The enrolled, and Jicenaed tonnage at I 95698o! !oinlMllTh, . i' i.r LI u( '.: -.).! Um M unaur! It ca .iy be d.m ty 11 bjb"4 ncM 1 ll tW t- ; .n-i tl-r- a,J 01 t w 44 M voary " llt'lUrewllraipitdpfhn4. .1 1 U a.kmUi!ea it H"t. UC,. uy itLet m a re ,u -a a ayawt- ar koowt. 4rad lo b po-4, M tl 0 'da, Ie M.b fn-aa-U 4 digr txaW, firat apy 1 reuwdf aad e P d.fWt t-A U.'-e ak M wit c-oria, e. ..a a . a I . .1 - a at - . - .J aa.L)a- .M 9 1441 niw .w w wuw t t I a aae prwprrai w pa . "Jl in " ....-s . , . . 1 r j . - . . f a mm 1 ricUn;.a. and t ib irj lb e.I rul nceaary to be e-rted wce.til wUacicUn ,-tr n" a, ta.t, a a rjoteprt I auepMj,U eolprgt wbee ia ear leto. aaocfc aWoa4W at w be pet ua ih raU, have a atroog ii.airie ia U le ciru phe, aodef aka;b Ih couerry eew oult-riag. Tf elAr raoitu-ad ia oar tavut till tl ttry tact; and Wlurt U raK 00 aba-li U r"- itlor e coulUel!y relata, coeld be pt.nl. 0 ehock waa frit and the baake twevifad; aad Una will ever I the cete. wha ave4t4 by a gerl eapaaaioa ia tbe auauwrfcial arid, aoeh ae preceded t! latv The caiNt (4 that CoUMeoced on the oiher a4 oi ll Athata-. and erifinated roiniy laU pwiatoae'aa whath il re-charter of the Dank of toj'.r we r ad; wkkb grea'ly. lavorrd exUow of keaking eoerataa la t oatatry which may be cooatdared aU eMr ia the tomrren T tyaUai U I worW. ThttP tWt of the peuewieo w tTprecjetM of the lue .4 r4d and 4er there, tad the cmaeoiH aapul to other eooetriea, and oepeciatly Ie eora, wba lorn. the eicbaafe arth Rafftaad oat tavot; tod wharb. w corirta with other carjae. tba reroute! of the .ileurattee and the ftpirtliw of 0 charter tl rate Baak of the L'orUaJ S'l, waa biTowrd by t freat eorr a -ponding tiptrafa of ort babkie jto. TeteaotratWa atateot tMor w, a gat inrreaa of I'e JaaUl lie af the bank, eaannared with tberr ape. li ia bulb ruaoirwe, vihich laid ta trara lor ll ex mW The baak U aretteok the Urit, te- teyan to pre-ere U oet ihe ihreeicaed eakamity. It waa anjtrMdatM. aad the only qae waa where 4 thould Ik'l Tl wke uf 11 r rvat-m, and the mtnrera'ive alreor'h nf thira. turned the tiiork 00 ! i-nra. b-il ..lie appewrh . whieh, the eacbanf jare, ' I hive e-v!e4. no ioiictir liut to the taat at merit And e a then, an artiheval ar eacbe,eod an lb)e oi he nrWr-rt by other raaaee, heaujea the aicaaw of currency oa or -de and the deficit 00 Ih elber. efter it begaa lo ahow a-ttavtirakW a4tlMa, w all rernernber thai a tiagte radivkdml, at ihe head 4 State iBatilutmn, I meat Mr. Bridle, by appearing n New Terk, and bnngtag Into atarket kMa ae Erg lead, drewe oe tune, turned Ihe current end rwireJ Ihe exchange. All too ounclearvely prove, that whew here w 1 general cxpanav (II miwt drngeeoiwof all) etehanfr giva 00 indication of tl approach of dan. grr, aad, mt conrae, thrnr fegiiUi a, on a b:b Ihe 8e ettj re'iee, aflbrd no protection a;irrt it. I ntijtt go furliir aod ahow that at to lime 4 to be re!d oa a the index of rt relative exparme or coo tract a io diSrrrat eouatra, and that it liab'e V le UiBiieeced by many circurrntaoee br(ea trua to which I have eliod'4, an of which are oVetiny, nd other avtre etnianent It preauppoaee U perfect fluidily ot reereei-y, trel that il i not ible lo be ot tnictrd or impeded by natural or artifM-tal eua in il ebb and ftt, which w air from being true, aa I have already ahow a in lb 1 net nee nf Mr. Utilie op. era! too preceding the late ehock In tact, it roar be laid dowa a a rule, that where ihe currency cavatM of eotivenib paer, r-ling i e 30U and ailver ba, ha email purtioa of ppec which may be rearri-d to apttrld the wh'tte htl it B lidity ohelrurted by ao -oaay and aurh p-eiful caurea, a to aftord no certain crite r of It reUUve expaotioa of the eurreoey brtww it tiki other coantne, ami, of our, affed no certain rule of ree ulttia bankinr operation Tl u!jct w e that aoulff rjaire more tttne to diacti than I ran V tow so the praaant area hot nf ittirfh wehve a auoof ili uat ration in the Mate of ihingt preceO.ng 'Ih let ahork, when a I have euted, the exchanre r mined letdreMe lo the bank, while Ihe viat innt of our import, and the unuaual character of marry of Ihe article imported, clearly Indicated that our curren cy Waa relatively (really expanded, ecxripai -d with thoae coUntriee with which at have cocaine rcia I rela lama. ' To correct the defect, of the ayatem, tba Sooaloj mutt go much deeper. The tvil lie in it drong ten dency to iacrea ; and tint again, ia the extraordina-; ry and at adtantagea which are cunlerrtd on it bc rrnd til oUV-r purauita of the commuNiiy, which, if me diminiehed, mutt terminate ia rU uttefdetriiction, or an entire revolution Ie our aortal and pntilieal avatein. It i ant powible that the great body ia the eommunily ,will.paUely4aa( lit! JJtfnsi-nrrw.!-. jjuht to the tneat TtaWe of .alt Thmr. aliould" he" the nva4" fJ.uctoa.Unr and uncertain; and that, loo, ia dr Since of rawruawpriiviaMaw in the- Conatitutmn, wbicrr til d-j knowleOfe were wtended ta give it lb greatest puwi Dle aUbtlity. Front Ik .Vaioaal Inttlligtncrr. An Army of Prhaonert. From a document rooiiiiuiiicaied (emong olbera) 10 ibelloute oi Itep. r-auntalive ycaierday, il appear that the number ofpenaionert on the roll of the acveral pemti.Hi ienoieaof ihe United Statet it tbia time U at fol lowt; Irrvalld Pensionert ... . : 4,121 Under act of March, 131 8 . - . . 6,030 Under act of 13th May, 1923 . - - 602 1 "ruler act of 7tb. Jur. 4932 "Under act of.dlb, 1836 . - 25JS3' . 1 932 41 159 Total number of pemriftDere ' Imperii and Rrparti of tit U. States. From the annual atatemoul of ilie Commerce of iho Uni ted Stntea, htlely cornmunicaled to Congreee, H appear that the import a during iheyenreiplingoa ihe 30th of September, 1837, have amounted to $14.90,217 oi whkb there -waa iniiorteaV in Ainercnn vensrlg 122,177,1 93, and in foreign tea. ela $1?.1 2.024. .The exportt durine the year pending on t!e 30th d'sSeprnlter, H3T,liavcaiDoua- lieu to 91 ir, tir.Tjtj; ot which ?'J.l.0U4.tI4 were Iffjloaif t'r..nn4 821 l 002 of tWita artielca. Of tbo dtmwrtic articleli, t73;42.82r were eVnof ted in American eetwela, and $20,(181.69:1 in Tor fign te-eela. Of tbepireign articles, tl3t725!oi2 were exported t A merienn veaaere, pnd (18,129,920 in foreign aetaeU, and 1 ,299.720 tone of American thippiup; entered and l,20f 022 too" cleared from the port, of the United State.; 763,703 ton foreign iB.j,h P"rM ,he United Stale; 763,703 torw foreigi (lie tame perio , Tomwge of the StafV. In life annual Tret . ,r ik fi.k.n.. .. r V TT'fxTT t , W9&?1 i - J 0"! , Tbe total loonige of ibipping umlt jo the United mmt4 aaeaaere ta to tl carrewry ef lU eaaac. ,M A M mtnL. It mmm tl 14 a l baoka whlrB pa pe- w.I a I rhtJlUb, recatL paj aaeol ,4 UtUtf 4tea, a ice,4 ad tax b aa efe.3, A tr ll It day ti October ajet, Ua, C fm.A , e of a bw daooiiaa than taw aVilara. 1,,, Vtaver, U a aaea aWewmaalw tea taw. i . . ... a . a aw j, 14 I Imktm mf IM mJjfwm m U . - rnenf. tlLUCWnSQS or ya lNTLLAL IMntUVt. ldE.TU4.Vl-.NnXV. - . t Garitawnaa', X. C, l4y 4. 3t " ' la prreoanee Ie previntat atr a Ce.ar:aaa af IVeSaU,frAn IheerawawWCai'f Karridph, I, and Rorkhrhaaa, and froaa tl Tvwna of Wilramglun, Ftyettevate, IL04aV( raliabury, aod letianglan, BaacrUel aa tba Tawra cffJrrcBaboft'on tba 4h JJy. ILr a plirpa ff t4ullt lretber aptat It geea-rat inter at of the State of .North leUn, ta af d. viaing oo prartaraMe put fur I a Internal !. orovcnen.1 of aaid Sialo, and (let drve.a.4 f ber aat rtourera. The Ce)eniiei waa ca!leI lo order by tba n. inha M. IVk, npon wkoaw aaote- baa f icelWy C L Dudley aaa uoar.iriawtaty cb'aw to awaau aver ba debberaiimt, and llcwry 0. Ttitl Teat appointed Paxerlary. On m.im ef Ih. Frd. J. tltTt. tba ( tfclegatrt prearaled their ntmea lo tba 8erm and f ak their aatt ia 0vewtot, ia t - Trom fir Ceary 'f;viraL He- J M. Dk, John SI. M irtikead, Ibaarj Haaapbnja, iAm A. ttUar, Vt. 1. i. H. LaatJeav, 4a4rew Limlaav, Dr. John A. Feulket, WU Ut-CW rVhbow, J.epb (Jiheoo, Nathan lltjot. Cul Daniel CUpp. Dr. 8 G. Coffin, Jeawa T, Nathan MeieJcoball, June. A. FiebJa, Dr. Dei 4 Worth. . ' ' ' CAuleax. fleniy A. LotxbM, Crt ;iB.ta ttirt Jntta. . HaujhK-n. " ... tUdoljk.Gr: Alexander fi ray. Jaea Har per . Henry B. FJliotl, J matbaa Weatk. icava Walker, Hitarb McCarn, Jonathan Redding. irt.-rtea. Jamea ('" k. Col. tide W. Pta. m. J von Warneal-urg, U M. GtHierT, Juan TA b-t. O. K. Miller. S. L Cfeeiuawne. : . PorliaAaaw Ji. A. TaitcbrlL r ' Fro far Tov j Trauru. Dr. Fred- L IIP.. W,!,am C. Urd. . rfefrmi7c. t ba. T. Ilaigb, Cbat. !. Kal 'et, C-vi'igtoei J. OrreH. ... ItiVAaro, Henri- K. Naab, J 4.a Castr-ren." , Xaltibyry Dr- IVaaaiit llVrxierwaJ, Chart PiMne, C4. RoU. McNaruara, Major 14 o; William lx Ve. ,. , , IjfTxnuton Robert Foate:, II. M. D-tbtfry Rnewell A. King. ; "., - On nveioo of Dr. Fred. J. HiH. . . . Rr$olrtJ, That a committee on I We Btatlirf 'he f'afe, t tppoiated, to tnaiat ad oot'dcVjit from raeh count r repeearntad. , , . 0n. Jamet Cook o&red tba lofbrwitig rcavala. lion : . . , - Rrtalrrdt -Thai a CornrrHttee ba aTaaJ bi ennaiat of one dele gate firoaa each rxaenty rej rraaa ted in Ihif Cooaetrtion. to whom abnfl h awtcrrri all proposition in relation tn IraernaJ laapraaat. rnent whch may be aubraitred. and report fbera. on to thia Convention a moa at aaay La factaca. b'e. Adopted-. r 2 On mrrtoe. nf Nathaniel MenrlenaAlI, nrtrJvd, That it ba feforeaJ to the Ceaenl Committee, In report to the ConveaUk ta the d .ntacei and ditdventave of tbe Ridra raera) from Fayetieville to tba W"rern part of N. C On mot inn of Jonathan fi- IItraia. tva ResolrfJ, That the adranttfv and diandric gea of tbe aeveril rotea (nr a Cent rat Rad Real he referred ti the fierier I Cotnanltear, ta rrporT thereon to Ihi Conveti.wu Oi nvntion f (?en. Ja. Oek, ' ' ,Rr$o!red, .THl tba Ceneral Cawawittee be an atrafted In inqMlre" uijo, and report wpna, tba brat roenra fir raiaing fime to he reprndral on etfacw of tnternkl Improaetrietit, nd farrber That commilten be iniruced tn iewiHira oJ,aad upon tbe ripedienrT nf ibe Stale' embarkieg ia a general eiaiem of Internal fnfroeementa. On root inn of Jonathan IL Hau;blo, Eat-, -Rrtnlced, That tbe committee appoawted aa tit Statiatica of ihe State oi North Carvdtna ba iuatiw led to lake into rinidcrnoei, and lepiiil taartew. the advxnlagea and rUmdvitutaeea f lb Toaa af Wilmineton, aa wrtneefc-d wiib direct IraJt bf (ween Ihe Rmtb and furign pira. J . ' ' 1 CommltUt 04 fC SlalitlU pflle fSmU, tea William C Lnrd.Chariea T. Ilairb, JJw Morebead. Giloa W. Parana. Joa. A,Twilcht J Henry R. ElRt-ii, Roewll A.Kmg.IIenry A.1 I bw. Robt. McNamara, Ilennr K. Naalv , Lea. J t-rarmi foaiauree. Vt. J red. 4- Il4V4'ie R,rd7 Jonathan Wortbr Jamea Ook. Cbaa. P- I a tt B a a-a w- a a M W .iiatiot, John La memo, albat Mtnatmtmu, than H. Hanghton, Jot,' A. T?itcbefl, llenry t Duaenbury. ; y" ',-'- Convention then ajoiinjed lo eneet atia tt inorrow at 9 o'clock, A, M." - I " -1 ' rlx 1S3S. Crmveptinn moiarweatda to adjowrwrneet. -' Nathan MnVohall, Chairmaa 'aaf tba Gewrrd i Cotnrriiiee, offered the follow io report to wit : (. J be Com nut tee to j horn were referred a-piCT : rei!oiiiina in telaJion to eertooa rrnrtet ft a aS , road from ; FaveltevtHe tn the , Weawrn part. 4 iNofih Carelina,aW iheadvarrfajreaandrK anna of ihe aeveral mote for aCetitrtl Rail RJ REPORT,' I .' That they are not" in- poaseagion 4ajfTicieat te Hirmaton td juetify juem' in, recornrnenSq ai j particular routed and inaamucb aa aurvey br , been mado by a enmpeterit engineer any actwa j the tubject before hit report it eircn wouM be P anAoMii'iwrB Ilia aamn Committee to wboro .arat. nu rrrt i resolution iruftructin them to inrroire tntn, aJ port upon the bet meanx of retain; fundi to be1 lrrptweineot, the Sttte internal iavpre Ik. amafOPB the conmition, tint tbe great Imwtmnt tf ! railing fundi .(o be ejipended ba b;actt of inter'
Western Carolinian (Salisbury, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 20, 1838, edition 1
2
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