Newspapers / The North-Carolina Star (Raleigh, … / Nov. 6, 1839, edition 1 / Page 1
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I .ft. ," .. fix .1 lib! if' "TrtOS-irLEMAY, PBOPftlETOB,, TERMS. Ihict dollar re r i si ?Miri..d.". .t,,, ,),, .ill. ar,,KrBVopT6vEBTismG. Var every 7 " '. ...k .!- ' . 't,.t insertion, on Uollari eecR e- rtM rani eieeemne: to iiot - .- .i,tertio. twenty-nveee.lt. ;f"l?:-u..-i.ir Clerk, and Sheriff ".i..r-ed5 per cent, highert and if action of 33, percent ilt -wad " J? 212 nrieeitor.dverliteri by lb year; I ,l0 the Editor mail be potl-paio, DH- nitaent for (he Blind File. "J, in.aluabla remedy bat been aeveral ' ...i.,r iha nuhliei ill Virtue and efficacy t - k.. veil letted, and., In npmerool intlan- , li i the moil aggievated forma of tha diteate. J: . . .niii.r hat it been knoen to fail mm put j II i. effecting e cure, Man very retpeCJable per- unt hate bora letiimoiiy to ittefncayi among i. Ik lie.- Win. A. Smith. of Ae M. . Oireh.and Kdilor of the Conference Journal, ha, Irom nli own tpr.enco, imnncniij n" eaiaveod it lo the publi a "a lira, asbisa ait. ab srriciwr SMnf." It ma oe nan ine arore oi . t i. vi. , Agent, Kaleign, . u. ; ..- A COMM. TED. X To Ihe Jail of Granville eonnty N.Orni the J4ihjtl of March 1539, a negro (lave, at a runaway calling himslf iitwrence. lie lav! he it the properly of Henry Sneed, ol Lunenburg count Va t thai he wt ratted i- Granville coomv teebou 0 IS vetri oldi rr b,el" h' ",,r 'M a"!' lit it 5 wet morn : wm forward, prore hit properly, or taiu negro wilt be dealt witn .-- M RU A SMITH D.J. 14 6m- Marck 15th, PRINTER'S INK. 1 be lubieribert keep eonttantly on hand t tup- plj ol tpring, summer, fall ana winier rrlnters idk, ,l,ich Ihey will liirouhon tne molt accomrooo- i-l ,erro- jjupu nOSSEIl K JONES. Agentt for ihe Manufacturer. Prtrrtbure, V Janutry, t39. u it a i. ir.Mn .nntt.Hil m hand a lant at ortmeul of Militinei, Painlf , Wilt, Dye Wuffa, ler, , nnwer.tnfl tew, - - n .ri. n t whirh lhi-y will fumiab todealertanH nhhic'uni on the moi aoihle termt CMEptatwifon -and - Forwarding - . -l BHSIltCSiS-. ' ' - rpHE Suhteribert hi ewaolitneo inrrawiTea OnyiraSultWifte w wtwiia, -4tw--tt'-- f-IIboie butinett, and tuliert a antra oi pui.iie J 1 1 nttmngK. Having been aeeuaiomed 10 Ihe bo 'li Iiip. aitd iten4inl bot tlieir attention C.l l.lmi,U to It; Out :tdda hmlei to gieo nmfaeiion lo the who may palronire them. Mrrehanit liring in the interior may rely hnine prnmpt and early adieet of arrlaland Uiiumeiit of thrir ihmIi, aadlbota who tupply htinarlvet with Groceriet from Wilmineion, will be regular!. adited ol rrialt, and tho uur of Hut market. Strict attention will alto k. .iven to the tale of Produce, Lumber, Tim djLeW'"fn "-. S3 Im l n.....t AiM-mblv harinf tnworiaed In . " Giwernorlo procure o complete tel of wiKhn v Mil taeaturet. tl ttimtlti dt lor each enuaty, per- , km .litim.ed to eontraot ro Invited lo nwk : iheirtermtknoiwn. .gr.ttt.ly lo the -act for That mir(Kvn, chap'-' M- '. - "" , ' . L Modelt of the wn-litt tat. b tean at tb E- - niveOn ,.. E B pUDtP.Y. . Anrll 1839. " 1 ' 1 IT if -I . uL... Si.i.dird. New hern Sneclalor, ' Gr-entboroughl'-lriot.and Salitbury Vauhma till pttUniB It" mri-fM. ; I " MOFFAT'S . LIFK MEDICINES-- kB-!!IVlATIOU-.Whe the. noil Ira. oruntfuiwliont ol tile are tutpended, and lhut iUtre intli!t br iaheritanee or .imprudence n reduced to a deplorable Mate of nervoittde-- . bilit. they thoul.1 not en then detpair, lor it iltot in detpair that relief n'1: j No: ' Ut them ftrtt look around, and laying and all ..k iii-mieUea tint oueHliin--,,lt ' mj plijiKU.0 eaanol help it liit reputed tkill ut only retori?", ' ' " , Ptirh.pt at that moment the heading of lint diertitemeMt.,. Modalll HI" .Menteinet, wouia a.ch their eyet and were tliey m train I hxilith preuillct, iney nngnt pi (., A, I i..r. whether Mr. .Mon.u ti.eory -, .n,l treatment of diteatet differed from that ol ,hi. ..h..'u.l.n.. . I he would then . learn ib.t it dMl dilter, and ery widely and ih mort -. TJoSo VETA.E MEDICINE I.Ju. j iHereverte wl alUi.it.'--"w hundi-edt of J ear, ,t hetore that t.oiirga oftntnkiu.l, "Mercury, cnplmedin the heeling art, Phyt.ci..t uted wuiu.g but ti.uple herbt. Een Hi Hbl re- t t.. I. at the k.Wul ph ileum' ha who pre pweili ilia me.lwiinVt -trout berbt. Wlluelt fce- v. tltiiattKiit, .ahap, txiii. ; ' . v a .-I.- .l.ii.iI nliTt.BiHn tbatl lilt up lui , Wt, and in "the 't.sWOt the greet men he tluUL- ae MnlmirttHHi. - r V . for he hlh prepared hit medieinet out ,t heiai ul.Uitih, d he riwlit - "m'rVTrVvSiETABLft LIFE 'MEW--CINBt pottett qulilt ot the moil, mild and ktaenei.1 natwi-o.- I ney re eompoted of ar. ttctthe meet tmli-putretcent, eombined wiihin- trtdientt know, at Hie only .eertam '. -hnert ol eery dcteripiion. :: W hen Ihe dltette a produced either Irom cold, obHruction,.bal t.r, twampy and camp tituaiiont, or putrid mi- , etiai, whether mUgnant or epidemw, or by oth- , artautea, : tbete medieinet ate eeitam hi t-nr . -j.- .n.-.i. The are puttetted of pe , rtawtjoalitiea-whiBh not only expel all diteatel . aj ( me tame lime reitorw 't-1 ite. jt Wlien Hi-tt take, into the ttomach llHt Immediately . d'Oote tnemtiet i.ae a- t.kAHiie ana AlTueli at t pv tl.roUn. every pur., a "- " we del.,Wlul.a-lularya..dpermaint. Vh. ; III .park of lite brgimio groaf. dim, the eu-eu-htMt! langukt, and the laeuliiei paralyied, thete , tMdicinea tie fud to gi a lone to Ihe nervee, , ctkilertle the animal ! i". to;Rorate Ihe bodj , : ' art ...nimal U.e whole . THE UKft MEDICINES have alio been attd wi h Ihe mott happy tneeett m Nereoua 4 iiii.tie t -. toiumplinn, Aithnm, ... Lwereimblaini, Khetimatitm clirome and I.- , I") mat o ) llroimtl ke It. .' for funber iMHikularl of the above mtd.e.ne, ( ee Muffaft gimd Sa.nariiani a anijl of r - .-Mwp.uwt the metlMiine. A epy tn alto be , bad on appliration al Ihe offiee ol VM. I Kt-K, Ualeigh, N . C, age.rt lor tbe talc ef the meUi- lae. - j v "' ' " ' A liben.1 deduction un!e ta tliotc who par. ahatc to tell again French, Genimn, and "; ; i direetinnt. can be rtbi-inei,.oe ap.laio the offiee of ihe proprietor, V. . Moft-t , a!W7. Xew York. " "' ' " : T Dr.-Wm, Evan 'CtleUralcd 4.n jmil and A pi'ricnt An ti ' ' v. Bilious rill, ' . - , - r w CoStnniption, Cn-ughaaiul Cnldt, ner '" lnrat, liter coiiipUmt, l) tprpia, bt- ditea-rt, pile; nlcvrt, ft-nit; weatiiiMe- ' ; '".all l.eaet f ItypocUoodriacUn). lo epil rV paliitatMn of Die heart, nertuut irlPitalii. nervoua weakueu. ,Bmr lbu, ermine. ' ' ""kueat, injittion Ioh of appriite. heart -, feiwrai drtoilily, biKlily tteaknrat, clilo : , ( ?orgreen ticknttt, flatulency, hytte ical Haj hj lteric, hrailnchra, liircup, tee " North Carolina VOL. XXX. ticknet, nightmare, rheumatitm, aithmt, tie doloureux, rramp, tpatmodie affecliont, aud thote who ere victimt to that moat eicrucia linfr tlitorder Gout, will find relief from their atift'eringt, by courte of Dr. Enant medi cine. ' WM. M. MASON & CO, Italeigh, Agnl Doct. W. Cvnne' SooUiinir Srrnp For Children Teething. jprfpareft ly Himself. V TO iOTHEH9 AND NURSES. . . The ptttage f the Teeth through tie gumt produce troubletome and dangerout tymptomt, it it known by mother that there it grett irrka lioa ia the mouth and gumt during tbii promt. Tbegumt twell, the teeret.on ol talitt it in- , tettedrrhe-chtld-lt teixed wKh Iretjucnl aad Hidden 6lt of eryinr, walehingt, tttrling in the ileep, and aptimt ol peculiar partti ibe child hriekt with extreme violence, and thruiti in aarcrt. into itl mouth. II' thete precurtoy IJ mptflief arw not (uiil lisit(l, tpi inili eoavuliioni nniverially ,'tupervene. and too. ctute the dittolutHin ol the infant. Ifmoiliert who hive their little babet1 afflicted -with ihete dit tiettingiymtomt, would apply Dr. William Evanl Celebrated Soothing Syrup, which hat pretered , httndradaof inUmt when thought pail recovery, from being euddenly attacked with that fatal , mtladT, tm.vultin.it A ileal Blessing- to Mothers. Dt. IF. Evunt' Utkbruted Soothing Syrup, For Children Cutting their Teeth. Thit infallible remedy bit pretereed hundred! of Children, when thought peat recovery, from eonvultiont. Al toon it the 8yi op it rubbed on Ihe gumt, tbe ehitd will recover; Thit prepara tion it to innocent, to tffieaeioua, and topleatant that no child will refute to let lit gumt be rub bed with it. When inUnti are al the agent four -miimlit, though there it no appearaate ef teeth, -on boitte of the Syrup ihouid be un) q ti .. filial, lo open Ihe poret, Parenta thould never be without Ihe Syrun in llienurtery where there tre fining ehildren; for if a ehild wakrt in the n ieht with pain in the gumt, tbe Syrup InVmedi. a'elr 'eivet eatc b opening the poret and healing .lieifmtrtheTTbjjTeetitinf -tioovolaioet, le- .. vert, ete . QJTrnoj Positive yf the Efficacy of To the Agenr of Dr. Eant Soothing '8yreji. OrarSir The great bnefil afforded to my tuffer- ... ing infant by your Southing Py up, in t caw of prolmeted and painful deutirlbn, matt, convince every lewling parent how eateotia! a. early appli eaiioa of Voeh an invaluable medicine iilo relieve infant miter and torture. Mv ihftnt, while teethmg, eiprirneed tawh aaete enfleringt, that il witittaekcd with a nvulwont, th turn a womlerlul ehanre vat produced, titer a lew anulieationt the child diapliyed obt icliel, and by anirtinuing in htoae, I am glad lo ' nlorra you, the ehild hat completely recovered and no recurrence of that awlul complaint hit tiiiee occurred t the teeth are emanating daily Ind tht child Cnjnyt perlect health. I givcyoe ; n.y theerful pcrmiuion lo make thit eckoowl edgmenl pubtn, and will give any inlormttioe -nn thiteireumtlance v ... V WM. JOHNSON. K7A gentleman who hat made trial of Dr. VY. . Evai.t' Soothing .Syrup, in bit family, . f"m eatr of i teething chilil J wiihrt at to Male thai be found it entirely effetiutl in relieving pain in the gumt, and preventing the aontrqueneet which tometime follow. We cheerfully comply wuh" bitreqiHtt N. York A'un. We believe it it generally acknowledged by ; thoie who have tried it, that the Soothing Syrup for Children Cutting 'leeth, advertised in anoth er column itt highly atcful article tor the pur. potet for which il it intended. Highly retpecta ble pertont, at any rale, whs have made ute of -It, do not hetiiate to give itt eirtuet the taiietioa , ol their naoiet. 'Button Traveller. , v (0 A severe Case of Teething with , , Summer Complaint. v enred by Ihe inlatlibte American Soothing Syrup, of Dr. W. Evant. Mra. Mel'herton, residing at No I, Miditon ttreet, called a lew dayt tinee a themedictl ofQce of Dr. W. Ertnt, lOOChatam tircel, N, Y., and purchtted a bottle of the Sir up for her child, who wat tiiff.-ring etaruoiaiin, pain during the proeeuol de.il. t.uu, beint. Bin meottrify threatened whb eonvultiont, hi bowrl too were exceeding lote, and no food could be retained on the ttomach. Almotl immeditlely . on ill ipplieation,the alarming tymptomt entirely . , eetied, and by continuing the ute of ihe tyrop on the gumt, the bowelt in a thnrt lime became quite nmural,Ai i tribute of gratitude for Ibe benefil tfl'orded the child, the mother time of her own accord, end Ireely tanetioned publicity lo the tbove. ' Pray be particular in applying at 100 Chtlhtm tlreet, at there are tevntl coan- lert'eilt advrrtued No olber place in Ihe city ... i- I.,".-.-- - , r"'', v- mi ii.v s-nuHie ,or aaie. : . tJJ Important I Mamas. Children gener. Hf tuHsr . raualr M t he culling, qf fheir teeth.? Whttever dangerout ervhtut trmTrltrnt trttead tWt procet of Mtre th7 ere produced invaril.ly from the highly irritated and. inft.'mrif eon.liiion of, the parti therelore ibe. SriMii.l Indication! of cure ere lo abate III in--mm.. inn, and to toftrn, soothe, and relax Ihe gumt. , If that it eSected the infant it preterved Irom tubtruent fever, infl.ilulaiton, tpatmodie enugh twitching of tenimai, croup, canker, and eoavuliionavd.tlaying (heir fatal contrquencet. If mother, nortec, or guardian have their btbet tortured with painl'ul and protracted flenthmn, anil thit noiiee tttractt their altention.they thoulj not be deterred Irom purchttinga bottle ul . , EVAN'S SOOTHING SVKUP lor Children Teething, the hteompantble virtue of whieh. in completely relwvinr ihe mott dia.- Iretting caae (when applied to Ihe mlant'i gumt at directed) it invaluable. 1 he remedy hat re- f tloreil lhoa.andt of children ben on the verge.' of Ihe erave. 10 the embrace train of their die- trMiedparentt, attacked .with that awful and mor tiferout malady aonvntkiont. " ' " , " " '' AUM IS Wm.- M. Mason & Co. Raleigh. S. Mill. Newbern: .-J. M. Itedmrtnd, I'trboroaghi '" -"H. D.' Meehen, Wathingtuot " P. g Marwhall, llalilaii ' r ' " ' Spntiwood k Kobertlon, PetcrtWorgt , ' C. Mall, Nulolki - . A, Duval. Kkhmanitt .''' I . Iwtt Jiihntnn, Wathington, D. C. . ' Me timer k Mawbrayallimnre. ,'. : , i, ... ', . . . i ? " - .'fc "TO-MORROW.'" ' , Wba can be mar benutifel than the lineal They are from one of Joanna Billiet Dramtl (e work "The Beacon; and we' thinkHiem at lent equal, if not superior to tfhaketptBia'e celebrated lines on lha tame suhject. -WJI. taunt ms, an Ihou wilt. 1'H worahip Hill . -, Tb bleated morrow, tlore houte ofa'l good Pr wretched folk 1 Thry who lament In dty May then rejoice they w ho in mitery bend E'en lo the earth, be then in honor robed . . Ol who thai! reckon what its brightened hoar, May of returning jy eontaiot To morrowl -. The blctt to morruwl Cheering kind to-morrow! He were s heathfn not to worhip I lire! bottle elvour Si ru m whwh atTb.matant.rleTtt-rSvtiWfn' ttwtMn.- Powerful in moral, in Intellectual, and in physical rcsouJWif the land of out sire, and the R.LliIGlf. N. C. WEONKSOy, NOV. 6, 1839. WHIG MEETING IN CASWELL. a . .nu... ..r vvi.;. ; i...tl ... - v. uiv.ni touutr, held at Yaiicejrville, on Tuestlajr the lstoi uctober, on motion, James. Mebane,,Esq. wis called to preaide, who, on taking the chair, aduresed the assnu bljr in explanation of the objects of the meeting, after which, Major P. A. Har alson and N. II. .McCain, Enqrs. weie appointed secreUries, Wlieereupon, on inoiion of A. 8 Yancj, a committee of five were appointed by "the Chair to . draft preamble and resolutions expressive of the ense of the, meeting upon the sub jects on whteh thr met 4o deliberate-- the Chair appointed the following per sons to compose said Committee,; viz:- John K-rr, E.q. A. S. Yancr Eq Ma and V. M. Lewis,' Esq., who, after reiir ing for a short tim" returned, 'aud through J. Kerr, Esq. reported the following pre amble and resolutions, which were uuao imoustr adopted tfy the meeting. Whereas, the true Republican part) of this country was originally lot med, and through a succession of edmtn'slra tious ot Uie General Government, was united and sustained by adhering ead fastljr to the support of simplicity and e conotoy in the operations of the Govern ment, and by their opposition to the- en croachments nf the Federal Government upon the rights of the States, and of the Executive? upon tlie 'other .departments of the Government i.A the 'liberties "of the people; and whereas, during the Ad -iniiiistration of Martin Van BureTi, Mhe experiditureiT ofZth ment have been thrice a . ereat as they were ever Known To beeicepl duriiig the fate war, under any other Administra tion, nor ejccepiing tliat of 3." Q. Adams, j tuich has been so much denounced lor eitravasance: and whereas, by by his wasteful expenditure of the public mo ney, in rewarding favorites and by ap pointing men to uffltce, not because they are either coropeient or taiihful, but fin- openly encouraging through his organs the L mterlerence ol ollicenolUers in elections, Martin Van Buren has actually, brought the. patronage of the General, Gonernment into conflkt with Ihe freedom f elections, and thereby encroached' not only upon the rights of the States whoe elections should be free and uncontrolled by foreign influ ence, but upon the most precious liberty of the people themselves, who have a right to the exercise of their own " free choice w ithou C the fear of pr oscriptiirr,or; he hope of reward; and whereas, the present Administration, in seeking to secure to it self by the establishment of theSub-Treas-vry system, the entire control not ooly of the military arm of the Government, which it already possesses, but the immense ad ditional influence necessarily consequent upon the custody of the ; millions of mo ney which are c ntinually arising , from various sources or revenue, is in the opin ion of this meeting grasping at a power in finitely beyond any hitherto claimed for the National Fxecutive, by 'Ibe ' most ar dent advocates of. federal authority, and which should it be obtained, would place our liberties at the mercy of . those , who would have for Ihe perpetration of their 6wn powtr, the means of bribery, on the one hand, lor the corrupt, and ol tumble subjugation on the other, for the pure and patriotic the pume and the sword and whereas, in urging the .adoption . of Jhis measure Upon the country slier its repeal ed rejection trythe-penple-' themselves as in .their? primary assemblies, ' the present Administration-maiiifeiita a disregard -for public sentiment wludly .at - variance with republican principles , and repugnant to their own pt ulesstuna ot ;. respect to ..Ihe principles of Democracy: Therefore, be it resolved, That ws will adhere firmly ta the tupport of the ancient principle of th republican parly, and eonaequently, will, by every fair and honorable mean, oopot the re e lection nf Martin Van Buren. ' - -Iteaolved, That we (trnetlly detlr to teeth J mlnitlrttion of th General Government redored to lb purity which chBMCierized it in the truly Be publiaan dv of Jame Madiann, Hid that w wou'd be perfvelly minded not only whh the eor rency but tbe entire eytiem of policy left oa ly that venerated tltleamtn and patriot. ,- Ketolved;- Thai we approve of ibe proponed con vention to be bekl at - Haniaburf in December ncitv to nominate candidal for lh Presidency and Vice Preaidenry, and tint we deem il expedi ent thai North Carolina abould . be iprenied therein. - i " ' ' . Recolved. That w ileudedly prefer Henry Clay of Kentuckv lo any oiiWr man in the nation for the Pt tidency. becauce of lb dtiinguithed tervicea he baa rendered to hit country in the mnt peri- lou viciludec ibrough which K ha pa-ted, -and becaua w believe bin eminently . qualifie J by bitbonedy, capability,, end fidelity tolhs Consti tuliO'l. . .- . , ; i l e t-'i:- .,.- Recolved, Thai w likewite approve of a prop ortion lo hold a eonventioa) of A bigs at Kaleigb on tbe ISibof Novenber neit, to nominal a eao- itidtle for the office of Governor of Ihit Slate, and that for that office we decidedly ' prefer John M. .rcxafeead, Etf. of Guilford, who by his superior practical talent at a ttateaman, I eminently quail fird lo fi I the eXeeuiivS chair of 4ute, dUltn guiahed for her republican purity and timulicity. -.Wiien the fitregoing pambl and res iiluiiims had brn rrad and aliuVetf,oii inotinn. the follow. ng- gentlemen' were appoint to represent the W higs f I. as- well in the Convention to be Held ai ne igh, viz James Mebane En , Y. M L-cwis, Vji. . ana Major r, a. iiarai- mm ' a a , . ta " a . I sod. . - . a anil aetaj banUk I iL.l. I - .1 I i IIAmanl ni Ihaae Mliiirwaat Ik.. .lll . t . rz. '7:- . i iiii i r zeu as .iiiiiiiirai ntiriiz.Hiit biui ut v wv-t vih.-b mict win mreive .and ' Ml. ra,..hl nr f..i. ,f.,l l,. h, anrl tie . . . -,m payaD e Bl par, at any . --, , . -. ..... ... -j i prevtouv to otnmovember." 1 On fllrtlllr innlinn. iho fi.llnw.ni. nmn : 1 i.... . ...i ... . .i?".. iituiin wpuoiiiiru iu airtt ucivatrt from the other counties composing the th t-ongreasiunl tlisinct in Cunveulion at Wemhwortli, on Tuesday the next Supe- rior Court of ilockinsrh.in, " to nuninate rrnr. seniaiives to ihe Uarrisburz Coiiven tion viz. John Kerr, Esq. A. S. Vanry, E-q and N. II. McC-in, Esq. Bef.ire the meetinz was adinurned. the chairman rose and made a few happy, forcible, and impressive. rem.ks upon ihe atpect of the political parties of the pres ent day, in which he ably vindicated the wlug party against the t harge of federst ism, which" im unolushingly been pre fered against it, and showed that the pre sent uemocratic party is, in principle and in tbe days of the elder Ad. in. These remark were heard with intente interest, and reiponded t by loud bursts of ap plause. -: - - On motion, it was ordered that these proceeding be signed by the chairman and secretaries, ami that copies be for warded to the Milton Spectator, Raleigh Register, Stat, Greensboruozh Patriot, and Danville Reporter, with tlie request that they publuh them. JAMES MEBA.NE, Ch'm. P. A. Haralson. ) ' . . N. II. McCain Setares. A'eta Jfr, Octabet 23. ' ".-A Circular fi 6in "thr Bank of the V: nited States in Wew York," dated two days smce, but not brought bcforel the PoblitV untif toy71wa e xclfeirTJiiime If . a.:. .a S. a I. ! a ! . 4 II . . tentioninlhejijly. -Tbeji following is a copy: BANK OF THE t'NtTKO STATF.S tN RRW TORK, Il i ""Qcobtr 23. 1859. " "Sib: In compliance with the - inttructiona of the'Bank"of the United matea In Philadelphia, I am directed to notify jou that the payment of -4..,. A.tm. . . .I..!. 1 . 1 ' ' . ... " u meir agency in WIS Cliy Will be required at mahnitv. Ml am further instrueted to infi.rmwm. that j from the great desire of the Bank to effect aaev- froro T as jl. 4iafab time I'lns is one of the most i mportant move- ments, which has been made since the suspension of specie payments. Tlie Bankol the United States at Philadelphia has been a large creditor to the city of New York, and unlooked-for means ol payment are provided by this liberal res olution ot the Bank. The biils are at a discount of ten per cent, and the stock is t a discount of 25 per cent; and debtors, of course, 'can nay their indebtedness at these dis counts, either by the purchase or the bills, or the stock, or the post-notes, which can be bought, probab y, at sums considerably under their real value. There has been another depression in the stock market to day, and a settled gloom appears to lest upon Ihe majority of the mercantile community. - Nearly all kinds of business are at a stand. The lawyers and brokers alone appear to be reaping rich harvest from; the common calamities which afflict the business Cum. munity. , Nat Int. t . ... Hew Fori, October 27. - There was an immense meeting of the inertiiaiiia ui ute ciiy at Hie Lily , Hotel last eveninz. The lanre Hall one of the largest public rooms in the ci'r was lit- erany inrongeu, snu tne ground floor and l.i a . t . every avenue leading to Jhe Hall was fill ed to overflowing. I - have never seen so Domerous a meeting before in New York: and l believe 1 tin not nike. loo Jarge Tali estima'e when r tell you that between six and nine oVlock there were nnt many les than ten thoaand visitors to the Hi). tel. Of coursevbut a, moity of this number remainded for the, reason that admittance to the Hall was inposaibte. 1 he object oi the meeting was (o hear the report of the Bank' officers who had been in convention 6n Friday,' The an swer of ibe banks to ihe earnest petition of the merchants was briefly, that specie payments would be sustained by. the city institutions at all hazards. The next res olution id the Convention was, that at present it was inexpedient further to cur tail the line of discounts. . - , i- These two points embraced all the ac tion of the Convention. " They afford any thing but an answer to the resolutions at; the merchants meeting t.n Thursday eve ning. The request theh was.' that the banks would, 1 1 in their : power, extend thrir line of discounts) and the expecta tion was that the Convention would sav au or no to so reasonable a renuest . Thrir answer, you see, is an evasive une at nraaunt It ! in....ili ... . , ., u " j-.v". ii. aiicijiciii iv. ui tan tne lif;if liscounts,n. , , . ' Again, the merchants begged that Ihe city banks would receive and pay out the noiesol the Salety Fund banks. The Convention did not - even consider, this question,' except" bya reference lo their letters to the merchants, which you have already seen published. ' Therefore this, the first hope almost of the merchants, is disappointed. fir the reason that four-fifths almost of the circulation here is in Safetv Fund papetvjt.;! ;f.t?:' 'il-iifi,i.y ' Notwithstanding these -'unsntisfarWy, and to some perhapt unexperfed. answeia, ihe meeting 09 the whole was a liarinoni one. The merchant resolved as one home" ouf affections. 2T0. M.n in cl.n.l l. !.. 1 ,. in their efTirts lu uav miccii. llllltUllak. resolution of cuurae decidel tion and this question as to supension here. .ThJ-joe, that in no event can such an event wDer,' Upon "ob r sr. end ilu.uo-lit V it rlPu.' is, l: il . w." . lieved heie, and was so said at the met. ing list evemns:, that the merchants will sustain themselves, the great majtuity of them at least, at all hazards. Between Ihem the kindest feelings, the greatest contidence, and be general desire to help one another, exists. Some of the bank, loo, yesterday, gave an earnest of a desire to relieve the community, a far as they could do so, by extending their discounts as far as prudence would permit, AH or them, the directors generllly admit,, will .rittttioi:ihjt,;thjejr pemiteifhefaB do sa with safety. The general inter, preution, therefore, ' to the . resolution th-t t ie discounts shall nut be curtail ed," is, that they shall be extended. Gflrthe whole it ia believed tltat some gowl will come of ihe bank convention and th three meetin-rs of the merchants. Had the city bank acreed' to receive the notes of the country banks which yester day sold at the enormous sacrifice of from 6 to 8 per cent, all would have been comparatively well. As it is, all seem disposed tu put their shoulders to the wheel. , Stocks yesterday at tli3 second boaM, fell even below tltcj previous quotations. Such a fall in the puce of sto k as there has been for tbe last twenty days pet haps' liaa neVer been known IWy': -v-yryr TO THB mZftX;WPBXYfc ,. Tbe Bank d"- Philadelphia having de cided to suspend for a time, the naviuent ot their notes in specie, deem it their du ty to expiam to the citizens of Pennsyt vania, the reasons of that measure. This they will do frankly and briefly. In May, 183r, the banks in New York nd the exsinte. -ef-i- rio.teuf ns worraitKlai relatmnsueiivreir in is country ana buropet amrail ihe banks of the United States immediately directed their efforts to assist the country ; In the honorable discharge of its foreign debts, and to prepare for ihe resumption of spe cie payments. These operations Were proceeding in a manner easy Tor the coun try and satisfactory to ils foreign credi tors, when their progress wa disturbed by a premature effort lor a general resump tion of specie payments. I'he banks of New Yoik wrte unfortunately constrain ed by law to resume on a given day, what ever might be the state of the countryj and they naturally endeavored to induce all the other banks to do voluntarily what they were compelled -to do. - This purpose was effected, aided as it wst by !..; a .. . .. a -S , tit a . b 1 me impatience 01 tne puonc, by the com petition of political parties anxious to ap. propriate to their respective aides the pop. ularity jexpected from j hasting the , r sumpiion) and by feelings of local pride, which' ptevented many from declining to do what in reality ihey disapproved. anu arcoruingiy a uay 111 resumption was named. 1 tie banks of I'hiladelphia were quite as reaay 10 resume as those . who were most anxious to begin, for they had 1 i.i . . great 1 j reuueru meir iiahiiilics, and one of thtir number had hd les"lhan E7.357. OOO in its vaults. But tliey b lieved tht country at large had not. sullitientlv re covered from that violent , shock to b" ready ir resumption. They recollected that under similar circumstances the bank nl Kngland ld continue J heriauspensiau lor-wpwerusiii rwemy years, and they a vovi ed 4heir apirrehensitm -thit - a retumn tion in the unprepared state of the - coun try must be lollowed by a relapse ' Over, ruled in this jttiljt.ntMit, and oSliirert at lha hazard of yreater evils to unite in the re sumption, ihey sincerely t-ersted in it, and, b-insr satisfied that the measure. 111 oruer to d useful or permanent, must be general,- they "made great tftorts and large advancea to the southern and south western States, who were thus enabled almost exclusively by theassisiance of the rniiaueiphia unnks, to unite in the re. sumption. But the ineflicacy , ot the meaaure soon became tJbviouiU The south. ern and southwestern Slates, placed by the resumption too mudi in advance of the crops, which alone could sustain them, gave way at the e..rlet demand for spe cie, thus breaking the gnrrsl line nf re sumtition, and weakening the Atlantic Baiiknjoy the amount of advances they nade; to :supiort - them. , Nor was this all.'-' Th delusive appearance of the re sumption worked injuriously on both sides of ihe Ailantif. - In thin country it cans ed the belief that all dnn,er Waa ov.r, and individuals rnshed into new enter- prwet, and States undertnuk new improve. ments, relying on the eni vment of the old facilities wf credit Abroad, tie ex trrdinafy and honorable efforts made to dmcnarge its d-brs. exalted ihe r ha.at.ter ol country j and tnrrch.ints hsstened to sell 011 credit, and capatilists to lend on tlie public seruriiies 1 f.a peop'e who had been thus faithful to their engage ments. , ' 1. ' ' ' c It was than that the anticipations., un der which the" Philadelphia banks gave their reluctant assent ru, the measure, were - realized. And - now' after tittle suspended payinentt in specie, a Ir.-sl of the Union fullowvil ihnir . w . .. .... . ... . t '..-V' M HtTOM MCQUEEN, THOS..J. LKMAY.i Tons. 4 , more than a year of finminaX rcsuraptMMi the South rn and Soa-li western, fctBtes are more embarrassed than ever. iTBeAt- . lantie banks are wrkeiilby their fioit les endeavtirr-ttr aid tlmatf Siae-the commercial debt to Europe is larger than at the resumption the debts of the States in Europe much jarger, and tlit "Sfcie meant or the country very mnrh ilitnin (shed. The premature teWapiion of pe eie payments therefore, has left ihe ttitin try in a state of exhsustiuh, which baa prevented its being able to stand the new. shock which forms the more n cent and direct cause ofihe present' suspension, 1 thedrs'm of specie in England. :,'' In relations with England, he i Urge- ly and habitually creditor. Like all a.hef creditors she is willing to buy wme and lend more while her own situation is per farllw aaav . hut when she is herself press-' ....... --- - . , V she ceases to leno, ceaar ov. ; proUeiiiat one to exact payment. tnus, ni onliry timet the receives .payment for her rods in our own produce, or in ' our own lunfa, snd rarely reoures, because -she rarely neent i specie. But a sudden , trouble hat tome ttpon England, which reverse! the whole 01 wur refations.; Her - -, crops have failed, and she is torred to! proiect hi-r f npte against famine by pur ! -crtssingftMMl and this not- frop rtur own country, wliicn tttigii turnisn '-aT'liarat'ttnfT our erupt, but Irons her neighbors," who can furnish it cheepvr ih.n we baiv-and f as these are comparatively tmall s tdnto mera nf her products, aha must psy mm 1 specie 'for' heir '"food. FAecordlngtyAthei - Bank of ErizUnd alone has been nbliirerl s to furnith more than thirty-five miTlions of s dollars in specie to be shipped abroad ' drain that has threatened that institution with suspension. By (he latett tt te- inent ol her affairs it appears that with i in med 1 ate dems n da for ! which sh t ia I ia' t ble of 25.743.000. her . whole s'ock of specie tsonly 2.800 000, and this af-' ler borvuwing froirt the bank of. France " -2,0 uO.OOO to that witWut this ettraor-- tlinary aid, her posiiion would hate been . exlreinelcrticl.v 'I'he eonseuuence ia ttttttr-wtMsey-haa fitwr-'tt'TwHttyHtp'1'' Ihra)" times Its wjit.tfJrtittt:friat ih'iiipIii-. Arrfnlrir. rf.; MnatleaWe Tttceot at ' ' rninuits sacrifices Utat the-fock-or this country sent bv tht States, or by ndivid- . uals, are wholfy InconvertMe leaving I7S the latest and the favorite innl of. pay -, v ment, the etportation of aperie. h '; . demand for this article is still further' in Created by the efforts made in England to protlucel-elief at home, . . 1 he manufacturer, pressed by- inula ur eineir sacriucri ior noira wnicii are (lis counted at a second saerince he ships the specie, which reaches England in time' to relieve him, leaving Itia country flooded wUhgoods without any regard to . iti wanta or its consumption. , The result la, that the coin of this coQntry is wanted in fcngiand, to -send to the continent for. food that a very large portion of it" liaa already gone, ami that the rest will pmb- , ably follow. The bank of Philadelphia has already contributed many millions one single flank of their number having since the resumption ; in August,. 1838, " paid out no lets than 88.712,000, In thit city atone, and the demirnd aeems to in- ' crease, instead of subsiding. . Under these circumstances, thee' haw had to adopt one of I wo alternatives ei ther lo force tlie community by sacrifices ' of its property to pay its debts to" the banks in gold and ailver. to be shipped forthwith to England, or else to resort to -a temporsry suspension until (he communi-- ty as "well as the banks, could have lime to recover from the effects of these for-' " e.gri troubles.? Tliey hat e not hesited to prefer tbe fatter, at beingr most conducive 4 to the true Interests of the State, an.l ih.w ' confidently relv their mniivea will k. .1. ly appreciated by the pubtie authorities of the Comtoonwealth; , To ll.at Common- 1 wealth they owe their existence, and they -regard her prosper as pai aflrmttjt ton- -aideration, to whom they have atwava sac. -rificed their own merely pecuniary inter, ests. ,. Everr loan wanted for i!i ;. tif the state, evety great impiovemcnf for " me iKTveioprmentt o rfa resoorre, hat al' f " ways found a constant and lihnral ..i.:. uj.n: ir..-.'i ,.:i. i. '. ,-r..u;. , r r,-(- rr k.w,,ji., 'Taaaa ,Bwa-..i.iiji butor in Ihe banks! nor ia it. an tmnnM.. tedeslimiite thnt f..il -fifths of the funds ' : f'r the internal improvements of the State, ' have been contiibated by the banks. - On the whole, - the views which- the Bankonf Philadelphia wish to nresent are these: - , ' , That they were reluct antl v obliired ' in unite in the resumption last year, declar. log il it wefe postponed for further paration, It would be general and per. manenl. ; . . , , N The events have proved the resumption " lo have been premature, weakening the Banks and the countrv. That in this exhausted condition they " have to encounter Freali ilemanvl for specie, to buy food for the people of Engw land, which threatens io"drain thevfatt dollar their vaults.,. ' That rvervniolive of nrndenee u.l.I.h causedJhiffauspensinn of 1837, applies wmi -mucn greater influence at the present . nfoinenfj srrU that the Banks of Thiladel. ph a Jivejlou!htlhemelvea tustified irt re4iTting to it, a the onl reminii nr- i tection lor ihe Intt rett entrusted to their In adopting it, lowrver, Ihe banks." would not -ratt ihe tenn test ten-nre-rua those institutions which pursue eififerent rnurse. Tliey desire only to expjain them- selvc, n t. to rrimina taSRThera. . They , think that it waa imtirat cable for them . tit ri Btinue specie payments without lac rificmg the community aroun I firm.' I heir own proceedinc-i iljey (bus sub mit to the people, ot Fen sjlrania, who -' are the best judges of their correctneti but the ba. ks tonli en ly" pledge them selvei for tht sincerity of their- viewt in v
The North-Carolina Star (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 6, 1839, edition 1
1
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