Ir. ! J -r-r " . a , i i i "7 ; fOWEM WOT DKLKO&TED TO Till UNITED ITATM BY THE :0IHT1TVTI05, KOI MOBIB1TBO BY IT TO TH1 iTATXS, Ul BKJXaVtB TO Til BT TK BKrECTIVELY, OB TO THS PBUPLB. - Lmtndmt Ht$ to tie Com 4,'lutton, Article X. flumbtT ot Volume 2$. j SALISBUflY, N. C, DECEIIBER 24, 1841. Fill f NEW TERMS .,,.,.. "-pF -fug ItUJtw- r- BLISUEO VEEKI.r:::::::::::CnAS. P. FISHER, X.aiior ana rropwinr. ( lVnnH Cajoumuh is puM'wbed every Friday ,ine it aVJ per aJiHUKiot t J 50 if I) ttiKi three !MMi-owerww wm Hwrw " .. . ... ....:iii 1- .ot It tb Editor ainrcuon, uimi an m.-rut mill, if tbe ubschber i worth the ubrription ill foiluro to oonfy the Editor of a wih to dwcon: e, tt least oHt stormi before tlio cud of ilm year ..crmta " , yT AditrtwmenU coi-pieuoui,ly and correctly.in tci t $1 squire--(of 3 W ems, or Jfietn. inn ih'isricd type) forth Brat martion, nd 23ceatr .',h contmuMceT Tourt and Judicial advertiae- . i innidriii ii aw nnirafrnnioni. i $ en-- higher 'hn ,n" rtU A una of 3!$, per cent fr.ra tterefuUr icr ' aide to yeartf dirtiiH. U-'AdverliseuienU ..l.i: a.,. " mi.i.4 li tnmrhmA' with 1m nuin f inseitioiw denired, or tnejr wiji be coniinuec mi M.andcbirtedicconlihirly. . .". ' Uim ddrewerto the Editor' ou Iudm mw( , rc or rorro8. wy " ' " uuntt to. Journal of Hanking : WILLIAM M. GOL'Gj; OF ffllLApEU'lHA. iJoarw! willcontura A new edition of "A Short Ilmtory of rpfr ip tad Bikinj in th United Btttw," by Win. Goofe, with coricctioni and iddiliow, bringing Uie rtie do to Uie preeut Hoe. Ii Y.sm on Baiikiug. Curnncy, Exchange, and w ...... 'red iop.ca, io which efforu will be uiulo to place Mitubjecu ih the clctret light powible. ;, A actniinonthly review ot the timet, embracing most iinprtant crenia, specially iboae tih'chal ibe L'eiioral uperaf iom of buiibna. :b. hiicb miKcllioeooa manor aa ui, wiiiib h m ... t :i- i idd a Ihe nitetU of Ibe work, uben it a object, which w that of aow inf b 5' ot uuf pper monfj aud banKinj afrfern, and the ct it hu on tbe uiorali aud liappincM of the difler. : eUaxt of the community. B'f.u.'uriial will taeapecially intended for Fartueri Mccliaoica. but it m Imped it will ajot prove umue- U) iltrcUauU and other productive membcra of to- It will be published. occe every two wecka, web iber will contain hxW.co pajea ocIito, Ooublo nty with the leava Hitched and cut, thin uniting iJvautagea of iUa upt'n tLctt with a form con- ixtA kit kiadinj . ill be fair and the type good. The J rr. . ,ic will be Fur una copy, one dollar and fifty cent a jea . Kor four copina, five dollafi, or one dullir and ttfon- 'a un copiei, 'Ten dol!ai,"rjr one do!tir .? h all cr- pu!iMCfiptiou$ muU be fid i tdvunct. ot th a Xorth Carolina Tt inperance Union. hllE State Temperince Society of N. C. st it an nual meeting. diivcteO H fcxeculive i Nnmuiee io , . , ... i i . . i . i .., . Ic OH'Uurn Hit I lit) enauiuiiirni, i tun put, vi i, ruii: d. oM toltiff It ocxfTempernce;--- a oWii-nee to their wtahe,4 ind'aapwwt With the I ptXilOceoi aucd a puwicaiiuii, iur vuuminm iintf -rminii, if ciniAh-nt eneouragetiHMit can so oo- ,cd, to mik' tiie tint iminber of auch a publication, be rliid tt, NORTH t.'AKOI.IN TUMI'Ev .TK I'NION. on the firal of January next. I d leading ul j' Ct ij the Louiii will be, the niaae. tioo of lfuirance twincisli-i. e nil en- Lnif in m ni in in page, a Ml! record ol tbe pro- t the I e per net rvim.- in our own and in ijt'i Undi ot iu efluct ('n iiJividui! and com- 1111111 -aitd of igiml artH-K-a m uelcnce ot ita pus , and in reply to Uio varioy objection urged inil it. . SVfcils, however, the promo'.ion of Temperanee will the Cr.t nd trading object of oonoamai, it ia our oueo, that its pagia ahall be enlivened by e general Moary of ibs moat impnrunt etvnts of th day. and urucular attention to the intereat of Agriculture, la carrjung out thta object, the Committee look with tMencato Uie fiitodaol I cinperance, panicumny North Carolina, tor aid sod support. A new nn- watabeencivrtitatbveaiMtia this oiale. nere ttit urowr uccaamn. we eouhl tells tale of what 'been pataihg uodor our own eves, which would wiainrni t jny mrqpgn erjr woitv.v.. ... ret irmalHA of IliS inewiaie na nnwwni till going on with a power and suceras, winch th 'A Mniraina never dired.to anUcipale. Give ua but B?aiia of conimuoieitHifn and w truat J.al an in- f will m tbrth I row the Cipitol ot Xh old ftortu KtoiUrirmoUjWttdary, that will tell upon it niaanand pnmoanti tlirouuh all luiurs gcneraiiona. rermii oa, then, mnat erneiy io appeal w nnj ad iTemwraiice. Morality, and rood eruer, m ain vnmnlm. At tiie ohiect m to commence with the w year. 4, Inn on the part ol ita irtenu my oe nui. t every individual then, who tet'ia an tmereat in our fiMible, st pm't lor Mm number of eopioa, which they Nm can be circulated in their vicinity, and forward :ceL rtd B7PfV lemwriHC CieiT, wcninw re- m think the damand of their ntighbrnid may '. In this wav onlv. cn we bops lor aucces in V eflbrt At a meeting of the "Executive Co i mittee of the N. Timucranca Socmiv. the LllowiSff reaolutioO Wat p'PW: Wbareia. amnfrements hY been mad to ftmmeace the publication of a Temperance Journal iu P'cyot Kaloigh,oil tiie Ural weoa Ol Jiouary m-ai, Mjed oaa t smsaaa Kubacribera can be obtained. Krulml. That it be moat earneatlt recommended to M of 4h Officera ftf the Htata Tenrance Society, w the member of the la'.e Srat tonventton, ana J wiio are tria.llriothe csuac imniediatcly altir reteint of thia raaolntimi. to become roaponaible for pa 10 to SO Hubocnbern, to that the publication may rueiie tt Uie time coutemulated. order of ih Rtie.uiivA Committee of tho North liaa State Temmmkea S.cn tv. . ' , . TERMS: 'fbe'Trtrth Carolina Temperance Union will be pub. KN WeLIii k iomIiu... .KmI I mm 9(1 ha 11 inpiia.t ',,""'r',,M, 'ftjf n' Pr annum, pavable IN N reiuitundas, mutt We directed, pnatpaid or free, to S I Irwr"t lh Society, Jw Buowb, ruieigh, 1 All th aewsoapert ia the fiute are reapeclfully ra P'M to itrrCuis Pojtjecttw nre m nro fowrtferm ..... THE STUDliST. 'Ti midnight ; mond the la ran which o'er The" chamber nheda ih Imiely beaio, ' la widely rpread the varied loro Which Iced in youtli ilie foveriah drcaiOj" . , The dream, tbe hiret, Ibe wi'Jdoiiro, . Delirium, yet divine- to know I Around to roam, above aepire, ' And drink the broatli ot heaven below I . From ocean, earth, the atari and aky, To lift mvrteriiiua Nature' pall, , ' . And bare before the kindling eye, Iii man, the darken mitt of all. N Alna, what boota the midnight oil 4 The m An ot ie trogjlin( mind? ' , t Oh. vain the hope and tain the to.l SVbirh only leaf ua doubly blind! . What learn we troin the paatf tbe aatno Dull courae of glory, guilt and plowo I 1 atked the future and tltere came ' No voice from it unfitlwnied Wo.nb, The aim wa ailent, and tiie wave, 'i be air replied bat with a breath ; Dot earth wa kind, and from the grave Aw ae the eternal enawer Dtatk I And th wa all ; w need no auge To toacb ot Nature' only truth. Oh, fboUl o'er Wiadoni'a idle paco To waate ilie boo r of golden Youth. la Kcimce do we wildly aaek, The languid pulie, the loveiiah cheek, The piril droopioj oo the wing. Even dow my wandering eyea larref Tbo gliae to youthful gline to dear , What deepening tracka of alow decay Exliaut-ti'd thought hs graven here ! To ilttnk, u but to learn to groan, To ncorn wliat all hevido adore ; To feci amid the world alone An alien on a de&ert alinre ; To Inoae the only tiea that teem, I o idler gaziv-in mercy given ; To find love, faith aid hope a dream, And turn to dark dcapair Irorp Hcareo. .w..---,-: - i-i.ve. M I H ( U 1, Li O 3 S . " By conceriation, I do not simply mesn the iu lsrchaug ol word, but the whole process by which we reveal our tbodht snd fueling. A pressure of the hand may touch ths spring which makes the folding duor of the eh fly back ; a jetting uir of expression oa the face mny te tho mirror of the inner man-" Men lliiuk to have avdace by murb. fraa. uo bounded duxfourse, with other; an I when they havn done, they find it uthorwise, and sometimes littto with other, and much with himaolf. "Learn all you can; you wilt live to see its talue." ' ''NatuWr lk a great- post, can produce ths greatest effect with Ibe fewest means.' lappan, ol ISotiin, who ha recently trsvelled ir Kum'pe, gives the following description of the pro ce of Heading grape, raitidious wine drinker .wilt hoi fancy t'te fid : Wu pawd thrMigh the fioeat countries in Eu rope, in vint.ige tune i and having witnesaed th treading ol grnes, it may intereat you to knowlhe priice. O.i an appointed day all the inhahitanta of a Iiainlot aeemulu early - in the morning, end with carta containing baakets, tubs, and casks, pro. , coed to gather grujiea, sound, and In every eUge ot. decay, io Urge nibt, rce,mbling in aixe and cleauiioes, the tub in wh't-h boa are scalded and dressed m America. When the tube dre u(B & ciently filled with grape, apider' weba, and fliea, a lad jump into it aod drawing up hi pantaloons Io In middls, commence ; with hi bare feet and at other with barnyard ahora, to jump upon the grapes, and force the juice through the bole in the contra of tbe b-iti.nn of tho tub, into a large tunntil, which is inaerted ia acaak. When the cuak Is filled, it rolled away and carted to the Tillage, from whence it goes Io the wine merchant, and h mamifarhired, that ia, adulterated, "and -sonl to msrkei.'? Nothing, can, be .more - filthy unJ nauxeating, thuii-the dirty slovenly way iris insdu, unless it may be the water back of Albany, ol which. Mr.. Dolcvan proved , they tnado strong boer. Cou'd wine drinkern, who so much extol Ihe eockrnach flavor of their wine in our country, they would loathe what they, call, the pure juice of the grap. It i well known fact, I hut no pure wine it exported from wine countries. ' Give me a rainy day for clone and continuous thought. Il invest you wiihqutrtness you are her riieficallv scaled. It blanks your windows. In the intervals of application you look through them, but cj s nnr thiighl find any thing to detain it. Tour uhjeel seemtdiuWd through the overcharged air, and you gace and gaze with intent abstraction, till your flow of thought becomes at permanently so. ber and steady as Ihe day itself. A day that soli cits, not tickles ihe sense pliiys no fantastic tricks bul stands over you with a vast, gray, mo tionless, thought moulded aapect of an Egyptian 8phynt. What preceptrens what a muse what n foster-mother of studimi thnnght, to politi cal economists and dorp divines. Tbey should mark il white in their calenders. Our rain, of wvtlt rtn vrwit IWM If tllflt tr1tnvfrhW--flrlT maguL $uimtmr high tide," Tbco tatori the mine ooighty uicunibeoej , with luog, patient- 01 like draught. Theu ara.aJI lojarithinetio t blej calculated and corrected tbeo is the circle iquared luto are tba urt priuciplea of trade and exchange proved then art cloadi of raetuphyaio, generated then ia logic chopped the it black letter rd, and the " Kef oil of Islam" attempted then do thoy that write faiatoriet of the world, and they that read then, make largo advance into "thebowelaoflhaland." Tia to rainy day wa owe the conception of moat good and great thinking, say inge aod doings. A man it commonly alone, wbeobe is groat loner when be diacovers invent, create alone, when is spirit plumes henelf, cherub-like sod soars 6u the wings ol tat aspirationa alooe, whoo be com ounce with God. Therefore, accept the early and tbe latter raid, as binds aignala to retire and be alooe." UiignUuJe of the Lilti. Lake Superior M 400 miles long, 60 wide, 000 feet deep, aod contains 33,000 square miles. It is 590 feet above the level i of tide water. . .. Lake Michigan is 220 miles long, 70 miles wide, 1,000 feet deep, and 078 feet above tide water. It contain 22,000 aquare milos. v Lake Huron is 240 mile kmc, 86, miles wide, 1,000 feet doepj and contains 20,000 equaire milui. it fs 271 feet above tide water. Green Bay is 100 miles long, 10 miles wide, and contains 2,000 square mile. .Lake Erie is 240 miles long, 40 miles wide, 840 feet deep, and contain V.000 sq'iare mile. It w 503 feet above tide water. Lake Ontario ta 180 miles long, 03 miles wido 500 feet deep, and.coutaioi 600 square mile, tt is 282 feet above tide water. Lake S . Clair 120 mile long, 14 mile wide, 20 feet deep, and eontaius.000 square miles. Jt ia 570 feet above tide water. -: 1 American Lakes are computed to contain 1,700 cubic miles of water more than one half the froth water on the globe There Is a short didactic sentence of four word, which, if followed in prsc ice, would effect a reform in society, more emeosive and important than the great temperance reform. I know it sounds harsh ly you may call it vulgar 1 do not mean to of. r A . ".1. "ri' T.1 - woo oy uueruig a truiu coaraoiy. i 11 morciy quotauoo Mind your ea hunaeu." IVe seldom pre-nme to dictate to ladies, much more srrwirria a jLmsIui of. tiwlt dress. Cut now and tbeo we find eorne wholesome adrtcw, some ktud suggestion, which, if received in s friend. ly .pint, would save.'marty i if4tircTrwr untimely grave. Dr Graon is lecturing on Physio! ogy in. New Turk, snd we commend a sentence from htm to the terious, sober consideration of the other ses Philadelphia Aawriraau i An idulfmao, inches of air in a breath' but a great diflerenceis fouiid eren when' id hie ordinary dress then he tioIy. takes.Mi 32 iocl.e- If, lbn, in a man, ithe -eiparrfton of Irirchwir.ll tost and tesftaasw "owt" fifth less, what must be the effect or tbe lacings and padding now so generally employed by female. There was not a medical man who was not a daily witness of the consequences. .We look for tbe bright and beautiful beings we have known in our' youth, and where ire tj ey t Alas ! they have tia toned to the dictates of fsshinn, and lifo has been literally crowdvd oat of the room. We look on an emaciated form! the light garland seem a burdeni on her brow) the bounding step is gone, the bright color laded, snd a look of decay baa taken its place ; and that a lift, the morning of which began so brightly, is ending in sadness and gloom. Thia was no fancy sketch, he saaursd them. Beyond all doubt, corsets were exerting a destructive influ ence on the health and lives of our fsmihe aod at range it was that the philanthropist of th eg ex hibited so much apathy in regard Io it : they do not carry their philanthropy into a lady's boudoir. In bia opinion, alcohol wa not more dertntctm to met, than cortttt were tottomen. Do you want to see the men against whom yoa have most reason to guard. yourself! Tour look ing glass will give you' a very fair likeness of his face. . A London newspaper has tbe following adter linemen! t " Sfcrp Mr. Gardner, discoverer of a system for producing sound and refreshing sleep at will. Mr. G's system supersedes Ihe use of all hypnotic medicines, and has nothing to do witn animal mag- netism or any thing injurious it is also a system of prevention ss well as ol cure, aod has of late been much retorted to in cases of indisposition with success, even when narcotics had failed tg produce sleep 216, Picadilly , Oct. 1841. Testi monial went free. bee the Times, Sept. 13." A man up town has got cider so bard that be splits wood with it." NotiM.-ne. rh only thing hard cider has split up is the late whig party JV. Y. Avrvnx. " Mr. Tyler ha turned traitor to bis party," any the Whig. Indeed I We thought if the Whiga aucceeded, we were to have a " President of the jieople, not of a party " Bridgeport Parmer. Remember that most of the matchless efFusiona of Burns were comreivetl while be wit toiling after th yJcAt. POLITIC ALlie , From tho Albany Argt. TJ1B MISSliiSlPPi BONDS. We propose to giv) a brief hwtory of the bond questioo in Miaaiaiippi, for lbs purpoaH of shtwioj that tbe indignation and epithet of tho Pedoral nreaaas ahould ha directod a.ninirt a rlaia of to corporaieJ " awindlor, who have Uruihd Ihel' of the CoiteJ Stales gnaranlocd tix e. -..fill:: :..: uj .k.: .J.... 1 iiavimuil. ., . 1 -' " '. Sz .,- ii , f and who now, bv the aid of a venal prena, hope to) transfer, tbe odium of their own miadooda, to the honetf and most wronsed iHioole ol Miaaiaaioni. I la aa evil hour, aud under he seductive ioui rwvw va wirwvuitawiwaeui s awais hwihikoi a aitv fWji I lature of )lisiasiDi nasaed taws for issuing seven. . tr milium. .H a h.lf f n. . ...7. ,..!. he holders St K SXtrlKHI of tbt IjnfldS, MVS. atockaa a basis for baiikinir. Of thi. amount. two millions wss oo account of.tho Planter's Bank, which the people do not object to paying, and the residue, fifteen millions and a half, was for tlw e lablietinwot of the Union Bank of Miasiaaippi'. The sum actually sold by the Union Bank is only five milliooe of dollars; arid this is tbe sum wbi b lh ttnli.lwuu i.... ... r......t.nii. imm. v im-www IT (araar ww mmw aawajMWll W fararavw and ought not Io be paid by a tax on the people j hut that it ought to be paid bv Ihe . Union Ikuk and by the president, directore and coupsny cu iostitulion, who have had Ihe avails of the stock and applied them to their own use. L The Constitution of Mississippi, as if designed to prouct the people against the profligate and iocenstdecateact f ita represenlatifes, has en- grafted upon il the following clause i No law shall ever be pa:d, to raia a loan of money, upon ihe credit of ibe Siate, or Io pledge the faith of tbe State, for the payment or redemp- tioo of any loan or debt, aoiess such 4oan be pro- posed iq tbe Senate or House of Represenutifws, and be agreed to by a majority of the membere o each House, ami entered oo their iouriials, with ihe yeas and nays taken thereon, and be referad to the e.t autceedrng legislature, nod publiahed for thres booths previous to Ibe next general election, in three newspapera of thia Stale, "and unjeaa majority of each branch of the gilature so elected, alter such publication, shall agree to, "Ind p" jiTauTawTinil ISTaWTtsaTIni yeas and oava shall be taken and entered oo tbe journals of "escb House." ' ' . - , In 1837 the Union Bank bill passed, and thia bill. was approved by a subsequent legislature on the 6tb of Feb., 1838. This law previded'for a bank with a capital of fifteen million five hundted-thousand dollars, ths capital to be raised by meat of a loan " to be obtained by Ilie directore of the institution." Tbe hares were one hundred dollars each, and books ef subsenptton were to be openad 'fterjlweqty ; ' days notice in all the newspaper of the State, . " and tbe said books ut subscription shall be kept open for tbe space of forty dsye io each year, uo- ten sjoculatiooa, and these stock tacUiuee wer III tbe full am- unf of 180,000 share shall bare required aearry them our - Too stock was) swat -been subscribed for." out to the United State. Bank agency io London. In order to facilitate the Union Bank in pro curing a loan ol pntxw and a half, it wa proTided in tmt tci inai im !aiinoi me ow and interest, and that State bond ahould be issued, and signed by Ihe Guverooi to the order of th bank. It also provided that the capital and loter ' est of tbe State bonds should be paid by the bank a they 41 duo, and to occurs ut payment r sub scriber to the bank stock were to giv mortgage. The bonds and mortgages for fifteen millions, sub bribed by tbe stockholders, were to be depoerted u The offici of raid iristitolion, e securiiy for "tue'ttim-uurse interest of eaid bond granted by the Slate." Af ter the slock of the bank was Subscribed io the manner nefore provided, and a president elected, notice waa to be served Inn Ihe Governor, ' who will thereupon execute to the bank from time to lime, bonds io amount proportioned I the soma subscribed and aecured lo the satisfaction of the directore, as required by the charter." The pro fits were to remain in bank, until tbe first bonds became due ia iwel years. ; . . The foregoing ia a enmmary of Ihe leading provisions of the bank mil passed in 1837, and approved by a subsequent legislature oa Ihe 6th of February, 183. . . . Ten days aftdr this approval, being oo tbe If ih of Feb-, 1838, the legislature passed aa act sup plementary io ths Union Bank act, the first seen si of which waa ia ihe following word. . ' That ae eooo aa the books .of subscription for stock, io the said Misaissippi Union Bank, are opened, the Governor te hereby authorized and required to subscribe, in behalf ot the State, fifty thousand share ol the stock of the original capital of lb eaid bank, aa already provided for in the aid charter, and that Ihe dividends and profits which may accrue and be declared by the Bank, on the said slock subscribed for in behalf of the Slat, shall be held ly eaid banks, subject lo the control of the State Legislature, fur Ihe purpose of Internal Improvement, and tbe promotion of education. Thia act consists of seventeen sections. It re peale such part of the original charter as gave Ibe Stat one tenth of tbe profit of th bank and a credit of r-200,000. And it also provided Thai the President aod Directors of tbeM aiesippi Union Bank, or Ih managers thereof, shall have ample power to appoint three eammt ionere to negotiate and sell the State bonds, pro vided for in th fifth section of the act incorporating the subscribers lo Ih Mississippi Union Bank, io any market within tbe United States, or in any foreign market, under such rule and regnlaiionf a may be adopted by aaid President aod Directors or managers not inconsistent with the previsions of th charter of said bank, provided, said bonds hall not b sold under their par value. This eupplemeotary net, which place lb Slat as principal for five million, instead of standing as security, waa never submitted to the people as re quired try the Constitution. And this act not only plsces the Stste aa principal, but it alter nearlv all tbe conditions and terms oo which tbe people . j t . .... j ' . igmvu u urcoroe wacurny, a ceniBinea 10 ID original act referred to them. ' i On th 16th of May, 1638, Ind aa soon after the passage of Ihe supplementary bill, probably, aa the bonds could be obtained from the hands of th engravers, and executed by th Governor, tw commissioners appointed also under lh aunnl tteVtarTr; ae.1, nr itj KJpJjiitetytrtsA, tffjj ytfrOkh letter to Sir. Diddle, and inform bint (bat (Vf era authorised Ittdnpova of bond of the Statu of 33iS iaippi, amnauliiis) to C18.CJ0.CC3, and (hit thtivcr wa thea in tbe' market rive miflioiui aafltid Mm ft ; and (Im five rbilliona iaoffered at tba rate of fmr hilhngs and n parte aieriing loth Sio!!ar, rmn- bit) in IjoodiHti An agrnemeot wa eamatea Kr the IStli of August, 1833, stgrrsJ fcy Nk:Ii.U Biddle, and aa the stuck was purchased on erci.t," - By lmg the" bonds eo credit, and c!us.;j them from duliara to pounds, for which there was authority ia Ibe laws of MiasisMpm, there woril te " Iha ,ime w m9 , . , j. . ' Owbot McNqtt, in bis arum to Copt) G ' " The aaooey paid for tbew Cood did not coin into the Slate Treasury. Tbe officers of the Go vernrrmot had no com rot over ita diatrorsemedt. The Bond wore deposed of jn A02UST183S, bf " colluloQan4 fraud, in violation of the constitution snd laws of 4his State. The MUeissippi Union' ' Bank, and ilie Bank of tbe United Stales; werw iwrtiea to tbie unlawful traiwaction. Vou haveihw . . .. a - JrseBet of both of tbesr institattooa, and t f py menu . ' , , When I ascertaiiied in lanoary, lW, th ' ms oo which the k nds had beon sold, I coo)' municated the same by essageio the legialaturw. ,od denounced the sale as .1 egai. At that time wily tww millions of dollars bad been psiif lin tbw 5"d.' hy ,h .B"1h U . By Proclamatioo I subsequently is.ued. the sale ol tho w!ond, fif nJ do,'u" of t0 , wre? u,,h M-aiwiippi. Uown Bank, wa pre. !en,ed- 1 b!,B,.fl te5"?1 ,a '" ,,te Wf n'10" f Bonda oeuunded . bT tnaHitubi Tbee eeciai ve measures pre. rented ibe illegal Jisposal of ten and a half mil. ,M,M do,u,r 8,' B ou thai ibe OorernintHit tbie State never bev coun'eoanced, and caunot be made rnponeiohi for ,h lrduleo acte.of the Mississippi Union Bank. . All the evil con queues of thia transaction irs to ba traced directly to Ihe pestilential Influence wnicn was ainusoa .inreugnujit tne union oy that . numerous) and- powerful clan of men who rallied under tbe banner of the Bauk of tbe United 8 tales, sod, pruaiitutfcd all the functione of legialalioa build up and sustain a false aud fraudulent system of credit , , a system by which' merchants havn bea broken dowu by lhousands,(widowa and erpbam) have beet) robb4 of their means of abpart, lbs ' currency of the country has been degraded, and eren MSereigu- and imteeondeat Statee have beeo bankrupt, and their food nm and plighted, faitl tarnished. : . , t . -.m . . . About the time the legidature was inflsenced to peso the supplementary bill without submitting il ' to tbe people, Mr. Biddle was going into bie cot- jsod hypothecated to borrow money, and the Union IBank of Missiastppi woul into the notion soecnla. , lhorthe owltioo With the means lurowiieo tf MkAuUi. a nirniahesrsWlftdlo, aoti this cotton probably waa 1'or.wardud to Biddle and Humphrey, at Liv erpool, so that Mr. Biddls not oolybad an advance, ' on the atock, but Ibe. cotton purchased . with Ibe. ' urns he paid lo tbe Union Bank, en bis contract wa also mad available Hf bis opsratiooa, TAttiFF. fallacies.-No, r. - Among ti nuniaww fclhwies found io tbe ar. fuots wf Hhose-who advocttontw high presMw nwirtciiv system, to flrst wIiicb w shall notice, ' is lb allegation that if wo trade with foreign eooo tries, then we do as a matter of ejure, " npport v the laborers of those countries, or as it iscouHnaa ty expreaeed "support loreign labor." 4 If we could support litem wit bout loss to oar. selves, it would be an act of benevolaoce, and vej of duty lo do so. Th idoa, however, wmid to ba. thst it ihe trade ia benefit to them, it .most d" cuuree b an injury to ua. In tbe afiatra of private lifo, atea bar to mocj) venae to adopt suck a notion, and yet it w 09 mora reasunaMs m rslerwoos to natioo than to t faai ly or an indtndual. , , ; " , - ; If natter wishes shoes for but family, aod t furnish shoemaker with bat it) exchaiur for ehoes, each giving ao equal qnantiiy of laboi, Uk act mat ids natter is Msenued by the xchsngw dos not prove that tbo khoamaker ia iojared, fur il ha waato th bat for Iu family, b ia squally benefitted with tit ha tier, and to any that either supports th ther, in th sens ia which th ai vocatae f restriction uss the Word "support," 0 unreaaotwb!. " If a farmer whose land ia of a sjaady soil, tot changa peache and aweot potatoes for. w beat, with a larmer who land is ol the Urn sioos aort, tbey both may be benefiued, and both equally q. In tike manner, tbe people of ' district aboood ing io coal, iron or,-f other tatioeral, may mak ao exchange for agricultural producta with a dia. tricl which baa no such minerals, and lbs exchange, may b equally advaotagooo to buh partma. So eouotriee which oa account of their climate, cannot produce cotton, rice, sugar, I moos, oranges, ejjnaj.kuxch'iage countries to th beoefi: ot both partiea, and it d prepoatoroua to assert thai on party ia Mccataxijj -supporting ths other. , . If trad is WA IV, indif iduakt will btjua gjco -ral, th beat mdga for lhsmaalva of th expedi- ancy of making euch exchange. They will sot be likely to make them, oolsas tbey ba naturally ,' advaatageoua. And for a legislator to dwutsi ' whether they shall mak them or not, ia ae aedlaet , snd unreaaonabi aa to dietat to each individual I the kind of food be alia II eat and tb sort of cJotl)i j iiv nn, rmiaiisiais, - . s , TARIFF FALLACIES. Koi fJL , Another fallacy of those who favor tb ttigut restrictive system under all cases and circon lance, 1 found in th supposition, that it ia din-' advantageous to veto trad with foreigners who work at lower wage than oar own citasee. . The low rate at which tho with whom W4 . trad work, ia so far from be tog a duwdvaotage, that it ia io troth a great advantage lo iia, and indeed ia th only on we deriva from foreign trad wheo w injport an artidle vrhieh tT sTrlgbt Bttt dnx$t bwiw, , . v , , -V-" -"".-' m , ,..J , . r J n A' V