Newspapers / Carolina Watchman (Salisbury, N.C.) / May 27, 1837, edition 1 / Page 4
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'1 1, a r J . cfwhfcU payment h desired, sooner, than rcr. - .,i.,nka .nni.na3rei3T to ' ? seWa KM uct. oar r-v aprwcis ' t" cf; duties in gold silvl- ! late suns a. six xil..ir.mvn baS.J. Bat--what, ImJo " - sting iifrUi &t It? if things inc stuaMy isled, the TreaaaSy rder4.aa ben . and'no w is. .pr belongs toiler, an ' vl.lcj.tjje ,f others, and our uvvr : c nv?n'.ence " . - . , ll.atf cKn- M r- I T 1 1 . ft n Ul r. m. ft . B f. J Oa, r . m -4ftr - r a . nven' "oi . ii , r. inrc.ihft nt of imuit u hodse,4t!nir denture rtdo herjn.lii tftuT; Old refuse to pay in specie : - . . - - i 4' - ' j : . ri lie W","wu,y,:S - r. I ; i.J X :. ,1-1 .nt, iito al !.i U-.J l jUIO. I OatBaeutif the irvk.. roarlbin l f I001 .tt meSfl nut tbenlme ; uftarraogTatefil'b . "oabjetnahea , SVVhHtbW lhatr - oj-tbpresctl ! t , , foriii3,.owij-creJl Mod C-j -oTlbi?Tbelirt not 'tUmanV-bat tt - CW,,, LjttmScer. - last, to our professed pr;ntipres,.'tj; iie;i?: tae Coautryi lefWl.a ill , p&yuer jvb will prufe i.creaht ? v Wb of New York-! I meet vca in advance, !' . . 1 1 i.taref ihtn t n snecirt. J fr r. m v own DerfUrraanca Of these duties; wtlboui J.j.r. . f ; d $ fc jUors if TTnstnnT fo , u iaUaiatior, "and witnouwesex. ueins rip f .lntir. I- ioaticel.V ' mean oeTernw T?r V"1 . l-w.jnt f tKm hatinir to eat tbe tmounioi ithf ftha two bond-for .dtieto oTeromenrwuvc.-,- tbf s one r . -v. k,; -,u pnt Pnos he bank - in Sti"nokitand thef ;,Here.wfefosf :d M f5as Ibid that GoTrnnient vwoaia reeei in bu$old and siher. This is'ai ruur"lh8 Gov ernment ' refusing to receive i ita., oi P- -!snl ereu arAw "significant! v tylcs Vnd tLjn uiC- 0iue4l pV ppt the lanjVe of iwlj jshed every Tbo nsticn "s attl.ij i.omcnt indrctl ia an-xtraordinaty pred is It Dint luii k . . ", - V " 'u iULn oe ; i lexperingeril' irftoQ afajse !ml delftsiv; i!.-ftrv-'liptrirti bt its nredece?5cr.'aiid nlhirtrh; aMenccffiwhico tLls liercronlf necfissnry?Io IJik , becaualr ! da oot lelbere-ever. w .o ir - ' try, of 4otlXtin:i:.wTic! pajwf- fowed.-ay. - . . .4. i pun 1 1 mill Liiai i n 17. f . ojm w v''wr . i r..Y Wnniiorra.o overiieoU and p per- 'feet iall fpeti as .iherrencjf thb wn- try. atlhe moifleql 01 me aeHYjrijr " . sagfl in 1 829 t;:.Ji - ' . v iJut how isit now ? Where has the improre- -went broach', ill ?,j Whit has fornj done ? ' What has ihe great cry fJr hard money accomf pushed ? Is ihicurrency wifj.-m now? Is moaev'io NeW Odeaaa no as guod, or neailj . si, ai' mneyilOrork ?J Arexabares ki par, or only, at Ihe same low rates aailris2 . and Ur yarsM- isreiy onet nere j.uw dl thebVoefiu of thisxpefrneot jare but injffry ' and oppression i ail tbi3refurm but- aggravated disiresi. r I . j ."41'; f- :i : Aqq. as to ie founaness 01 nm curicui;;,uvn teest. Sman.capjiaTist arcruslW.'ar. ' yt means "being d Mspersed,""? -0S4aU na rioy 3j, rt Tieasurv rias .written' pn-to tljtf custom house "All of all parties in this ctt felt soihe, cur losi- j officer? by:an extra Ei press, wbictcarrived t tls mnrn riff ii iuuuuck, uir iiuuim iv..-,j 4he preyjouMight;(May12aorderin troflecf , tn4 kttmafcly w their Manas. we I Vnni 'tuiiiiirAi:r orders. r?iearjoi and raosl partakeTiaUbo satae -caiarDoyjna j jearo, ituolcropi .bowTP r4anoui pay iiadebs 'listakW Io'PJ theletler: V ,n a legal tender I Spinas Mtimur.qHMaNH trTOTHE,COLLECTORS1OF XllL, ' ' If ihBaok' where yoa depoile sibo!dsus- allude tov aslWiQor disastrous 'afiUeTreent. mcntijlfllstrutrnuc ot lue wxrtj)F ana tesiieciauirt mtrcnanisor Ne w" jY cm k w lip h i v t ;u led by itst'vv icku .j L l--rri"' '.V-- .. tiff.- ..'" ' tnisrui e; 4 ine tf or ni wenr- lisra unas jau- i .tmA : ' -.- rl..-: what ccinsolatltp for al! ihtsis ithar.thd pp" I fa a tender ! i It has :ae$. aiollajft ogt Janda are paid tor Jin peirt hatwhateverjj hun. i- ercuarrassinftriisano aisirsss b ' v. raeemeJ to iriuiaon in me rain or ine ineiv4ani r ? tbe Western wilderness is t injchiy pnniw "-.Tand to regard wub gte: thf;mereaantd,as tney 7er. wiiit eaffies ana uuuais r- - t thmkp. ran not nnjrv ereii oav me seamen on uua.ru dollars f jthe&napcrof any of tie banks as the cbiii and bullion at the IMrnt lasl4&. oes ihavstaodi? ivAr5 te causes of alarm nuw ? less than In tStCi? : I there Jess baokpaper io ? circalatlm ? I ittiere less fear of a general ca? tastmphe?4 Mppuperty mora secure, or iodus--try ro'iTfl-CPrtairt f its rewards ? We all know geoilemen'.that' orincr all this preifended war fare agatosl H aanus canKS nave vasuy in creaWd ; .SlilHpnVupon millions of bank paper have been added to 4be ircolaiion. Jivery xihf , nrd 03 i Wlere'M jnucbas where the pre- sent , ninistriiiton and its mefsareis have been' niost zealously fowrte banks have-oioltiplied ' nndet 3tatrautioruy i Vhc the deres ?W4. fcade tnat the tjak of the .United Slates shoy Id ' Ibe ''suffered to tjxpirejr ;LppykarMHsissippi,vlis eJari, lniisiana JV ifffinia, and olhei ?tate. Ui we not ee thai banking capital ami naasc pajer o-tess in mauf instances in the Western Dlales It ia reinarkabIu.enouffli.inat. WHaaii ims bavim- tficgenprai oonvenienpeWt jail" tbsibky fencing ciamor,iur,uoTeramenj'9jriicu lu-p-(iuvtfrnment?after alf. rnever'ffets a f dollar. So far aa i Knovr, tne unuea oiaieu MsiBut now 'A si us le dollar i n t h e world 1 1 b ey -ha ire whera ia it ?- Thefffold and silvet colleeteira: the land .offices is4ofiotbe opposite bkt ; jt is there placed (otbe credit luf the Government, and thereby becomes' ihe property of .the bank The whole, re venues of Che XJovernraentI there f.iri: ftfr nil fvinRiftt in mare hank credits thai verv sorCof 'secuntr whichthe friends of tbe Administration have so much denounced. . Remember, gentlemen, !in theTinidst; of this deafeninff dm aafhst all banks, that if it shall create saeh'a panic Brsach alarm as shall shut op the banks. it will shut op the 1 reasury oi tie ela .iiatioa'aLship in this tfity.(tn goldiind fver r Ul ill . -I arier.o'rajajly oanKS mere, thcreasinj ? The- oppasitioa to li'iohpn.fesRed , whether - it be I j sa w iherresiden; oi ou na uvonie pew ia a ' bfoke'sbop this irmrjiing jbuyihg aWerlJ and tbis dnder anAdlmnikiation;iirhicb wdstoriiake ihe gold peep out of tbeiairstices - of jetpuor manXpurand rujrup thiMisippfasJthe u.'tr nin dawn t vThd'Gluba biasied ! that the s - mints Mould. suun be full, arid -threatened to, lake cart loads lrom tne pe: trinfimere uioe cpineo The Secretary tt the .Treasury now has ijot i sixpence in real, or whether it be bat preunded, has not re strained either their 'number of their issues of naner. Bath have vastly increased. S , Aod now a w&rd otivvo, genue.uanupon uus Jtard m?ney 8cime, and,thefancie4 aud Ilie de lusiona to which! it has given birth. Gentlemen, this isa sabiect 1 6t deljcacf and one which it is difficult to vtreal with 'sufficient caauori. in a I popular and occasional address like this. I pro less to J)e a oujtioiiisinn tne usual anuaccepieo sense of 4hawUruy arn for solid specie ba ais fur oor circujation, iso far as it mdy oe practi cable and convenient.. ! vl am for giving no value vkto paper mereyjaspaper. I abhor paper, that urt-af-emible paper, ?aper that may United States also, -. GenilemeaI wloiild not willingly be a prophet ot ill. j I most aoTonny win.iose a oeyei iaio of things ; anu 1 believe the repeal of ht Trea sury order would tndiVery much to briOg! ahoul that betlf r state o things Znd I am of opinion gentftmen, that the rder wiH be repealed I think it inu.n b repealed. I think the : East. West, North, and 'South will demand its repeal. Buf gentlemen, J jfoel it my duty to say, that if I should disappoipted in this expectation, I sec nu immediate relief to rthe distresses of th coin a.anuy. 1 greatly tear, even,that the worst. is not vet. - I hiok for severer distresses! for ex- treme difficulties n exchange ; for far; greauii inconveniences int remtitauce, and -lor a su(' Jei lau in prices, unr conmiion is one wi;R ii to bo tampered V itb, and the repeal ottM T suryurder being something which G f ff rw can do, and which will do good, the I'uh'i u nifht in demamiino that repeni. It i the world. ' He annot make; his tranters under tiieKoi8tribuirpnactvpn.13e is powerless in-th' prostration, eJipefijhnenk has wrought about. Ail this is, indeed e commpnee luent of the end !: ! ' The Cisy Givernmnnt of! New Yrkhs re fused to issue small notes,, j and Che ! volti was ouanimms. . They very projwrly sayh, that the Legislature canassume the responsibi.ity they choose, and they see iiojeasdii why s vlnk city should coine.turfn and snath1 the curiiency t.iom an lexpernnentwhich we aire? yet toiij by $ou,q people is a g'od one. j .' ' I Th .Boston Banks Jiave suspended fpecie payments. Aij Ntjw Eng-Uid'mu&i iuy fallow. All he Satety lurid (iw Y uk ) Banks ex piode the moment the nws trotn Tevv York rt aches tliHin. The Legislature of AjAssicHC- setts Hjlli it is said,9 l4rMih called toother. not eady worn, a the ? o The Lf-Jtslature tf. ISeW Jrrsey ts a . . . ' . i summoned 1 he States must now go u and aiitiupt to revive, the paiiem u. Evpertrueitt las kilted, But, can they never 1 shall be very slw to believe tiiat the hnQdrUsoi Banks tit twrttjjsU bijk crpaiing Mates can evei resume Specie paymenifc; concert i.opossibie : and when silver is ten per ctnt., ihe Bawks jssuinfir liotes and seven per cent.. 'AillJnever lose i three ntTd Rneieoa v menls. Too will f voarself collect aud keepafe irtyour own hands the public mrn- iypor all duties at your port, :juntil futihSrtdirtc tions are ffiyen irkVoa bT, Tlii3JDenartmeril.'how inldenoske. 'iranafer. or nav '.: it. r You must, iifq course. icontiBuefo adhere to the cxistilHg laws of Congressand.'loMhe former instruction of the Treasirrv, in respect to the kind ot money re ceivable for Uhsioras, and by which it is underr stood to; be your duty to require payments to be made ici specie, and the cotes oi specie-paying banks that are at par. . i LEVI WOODBURY, 'Secretary of the Treasury. : 'Treap uryTJepartment, May 12, 17. This notice, fresh from the Treasury, leaving Washington only last nighi, was stuck up m tbe Exchange here, and excited indignation, not to say disgust. Such reckless,' wanton cru elly and injustice is without parallel ia history. This city has issned its notes, and great satis faction and relief is ihe consequence. No in conveniences are now felt from the suspension; confidence is fell in the City bank notes gener ally, and the want of small change is removed ; but alas for " Domestic Exchange ! Wo to those who receive money foni' other parts of the union ;l notes, and good undoubted notes from places only a few miles distant, ire almost as difficult to change as if they came from China or from Patagonia. uespecituny, youn. THE GOVERNMENT BANKS. fur worth at six and en', for patriotism, Tne , parent is ist ! - . I . 14 In AAV . i -''not bs confertlSlwnialgbld;'!!:!!! Repealed now, the relief will come late of the holder. 'But while-1 hold to all; this, 1 1 theless,H repeal or arbjgatun id a t!;t. f.- rsued tiil it shall bf -a believe also, that an exclusive roldalid-silver 1 insisted on. aud pu circulation laiif otter impossibilityin the -present -rplished. 1 stare of the cdotntrv," and of the worlds "Ve 1 This Excntive I shall none of ol ever see-it ; and it is crdultty rthis power of discr PI and folly, in control "over tf iminattng, by Trr iti ty opinion, to act nnder auy ncti t between one man's dtbt and aootn ation.-r The States willr rriake I is alhThg not to!bi endured in'a'frt lour ir ce ki.ld at las The Nw York Legislature have passjed the hus aiu the Bank, and the Safety! Fuod i ail suspended. ! This is a leg at public . ot iaio tncy. ot the hoe Independence, it tU'3 k- .U ! 0 ..!. ; t! ftom Boston tor want of v.- i:Dt diOll i said, specie, Vl Bank notfs current to St. Pe ll so, Mr. Dallas can goon his mis- a, rnanner if iaWlfcihH.,uei iV ok mti- ftu,,.r. i.rn - ,n"ftJde tL.2Jr1 mm. War a urntpctprl -i A -I riMKiilit wirr.nl S ETeaiaiOmaerS hxvh nil .1 i tor a bitJiiBn ofcdoto t iw i , ; t .ii-.H ' I w TOY bile Wdo notrwl -iv ii-; merne safety fond ktow .Tf.. wt -t T ft l . no-lonserj cie tfirougri the salaries te-lhem ofiheilf "1 'rpnTew Orleans we lifct;!! Express mail, thai! thel therreaStiryriM p? ut,! banks in that city a spend ed- tliVasltingtn;ll. lasu (-May 13tK V to1"5 oi in j)uiHic4iuiicvrs,aiHt-i'i iJauk of Louisiana, the (fitfc r7, soon use bp to tht atmuint Bt f ond the chan;?s' and Tradecs. Bank - n 'S i! extent ef corf1aoinunis" frMii that ;,on Bink.Atchafalava lfani binks in Netv OrlL'"- .ui. but pinion is eipr ;; 't the 'bottom' ftha Ot-eahrto whulih$ come iiito the .measure A'iAi vf Mississipj)! io its natural ciirrentind way, as in the vaults in which jr. has-now I quld not have anticipated ihe su l1 become trilccessible. WjOr theirxccptid i ofsr.ecie pavruent. so 4rv ... li-'SWi of its ability Jo fPramand thatiitrnttpd a- banks in thlisteV'n State. ; M mnunt nt isnecie. we sav. lllOw Uovernrncnt. ! Fm.-n.TTljirTptin ,..,.u 1 .1 .- . . r-r-.i with morerthan twenty millions , of - dollars . learijLthauthe bank ol that citv, ia -in theDetK)site r3apks, is as much'b'ank- 1 ancet,gf the unaiiimuferornmCTliiP rupt as tho Dy Duck Bank, or anyother ' a ;twnjfneetyfg, .(swhici' irf Bank or firm that has been gazetted.- " Nay, presitjed,) suspended sttfete ra, u-itYiouMbat exception, it is so: for the a bihty tomeet all engagements is esscntiau or specie payment by the' haiLt r y . ' a - . ' . i - i ujr ii I irlfI Iklh- altPr licrinn .1." 1 v.- ii ir . 11 rw. ' banks these will issue paper ; andi the longer -t and if . sii u!d be the constant, pereHtitig n J the Ujvernmeit oLtbe United Stales .neglects tt aJlvirue wnijs -prescind the ;Ues - i Philadklphia, Maj-12. -fti duty in feiard to roeasures i for regulatinMie iVury ordeC restore tbe"ible tt h ia. ; . -ii I 4JTf ,. f 1 1 - .,,ah-.Lar-in l-lhft. .nnnLf hfitt K,nh- .rfwft.mkW ll..n r . A11 f'1 qUlef. AS SOorf HS the first :-V " oaoer ' averWr??din2 the co'antry. - Of this I en- to tne mearof feu.ent. mak Wa'w - ; vV nver' Ultn ergeneral.y coovm Vuin jiWA-nariicle of doubt. ' ' ' s$ 'q-iaKaod vftiKe iyeri.n-.erlti,ebe . v ' cnat the suspension ot specie payment oy it. 1 - i.:; j,'.::-..;.! A: .i..v;.rt .ur'i.Tlii T: . ! ar ks ., as a wise measure, anu as snfth it is ' .k.ii.MVnriLmnt p, Tkiaf. ftrf' nd-i Krf it.Prn ili.ii ,.f'u,M pA.,.l in T..,.. i ' . tiaods rrgar ?eJ. Las: night pafstjd o ml - t 1 just ttrvmseNis anew, to the amount of ibuilioo I his poltif should never be surrendered o t--. v BXISIlusi ill ciP rou- anu i.ur riru. up ueaimij i ur-'iniseu . naiever is esioiisrei. I ' it- i- onljTwuh tne measures -of; our-ivnGVvern- qual, and ItUi 4 Jfgil Let .Men'kno-v to :.y ' men t, on tJubjecWof ihecurrencyyl ad T in- . hat inonyy tie jftp rtd -f th-:n t .n r ; stst that ihesjl '-irMustires have "oe(-jist uni'it row. Let therruleMxr' oper. and put !fo . ih i tanaJ.e, tnit ;i$st i uiuiousn Inordinary -'hp pans jptiges.if. he statute book, not a secret htfte Ex- .' of our cttfnl4iot at home, and on ujarahilitj ot eeui-e breast .""j v if i remitta!HceHfuad. - ;'. ? ' GeTiilemen, m the seiou which has tt'oft just 'Their etTeq.S.-ioajjyderM and ,mNplac: cloftvd,' 1 have dtine my utmost to efT-ct adtreet ' i 4ng llie epecff i w.hilf is- in - the .country, A'e mfyttiimeo'ittprepeai of (he Treasor urciet. .' I . roossa4trwS--'6h.rk3u.stie 'Xangtj. ,.Let llaave votedl for a bill anticipating Nie pay- lialenrartear to aHjtn promises of j ment of the t'rei.rh and N'!ap-iitan iudeuiiiiueSt iiotlTicorreucyi Seeihoyb,. can now 1 by an advance froo. thf. TreH-swry, t j I .have voted, with great S'lis'acivih, tor ih restoration of tfie duties ori oods destruje i self hisiiraron J?w Orleans, or v'ljdbile. Let .the- Noriltefen V manufaciurers and 'mechanics. those w Jio ave tndd the 'products of their labor to the Soutb and 4iert6fore realnwd ihe pri3 . cbSj with liftfe ' l-jss of exchange ret thetn try """present facilities. Let themsee. -what reform rofHhe curreicy has done it them. Let them inquire, vher in this respect theinbdndition , isybeUer orlworso thaw it was jfivkorix years ago'- ; v;; ' : v ; ' '... " -: -' -' , Gtntlemei , L hotdrt his d ist urbapce of the mea- sure yf ,valtiu-and -H'hevans"ofpaynientw and exchange, tiis deraogemeut, and, if may so say, this violation of-the currency; to be one ol the great coi fl-irration in this city. i have voted for a deposite with the: Slates ot ihe surplus which may be in the Treasury ' at lii&end of the year. All ti.ese measures Lave failed, and it is for you and our fellbjw-itizfrs throughout the country to decide' -M'hether thf public ihierWt would , Dr would, not hve been promoted by i qftir succes's. .v, Lj. THE CLOSE. . 4! .But I findVgontletnen, that I am ct'immitting an unpardonable trespass on you: indulgent pa - e now tf (pMpi? ; -i.;rf; wo'ii'i nave Deen aisturoance. I bit ihe.Poi.ce. headed by Blaney,; pat it all down a? the msrant . I x.ci.ounis, not oidy trom New York, but from several oilier places, are coming in iif rtiore aii'i yet more Goferument Irtasury IJrafis being re- tusMo paymeut land pr.t-sied hy the (deposite. oaoks. iliac', for li.f. satbt) oil tliie u.hlic mony ! And how thucii tor Ihe solvency of the Government f : ,j L ist oigrit th Cay Council met, anil author IZti.1 the City -Treasurer to issues nail bilis to the nt oi 13(X000 ten cns t be the lowest or wiiich any are issued Thuv are nut to oh redeemable jueiore this month nett 'ear, and wilf bear an interest of 7 pot cent. iPliits meas ure will give immediate relieito the jcofnmu:uiy: The money ttihs created will bo left at all the banks and givh in exchange tor notes, j Every body, but especially tne grocers, ate importunate 4'ithhe Lnyi I rea-urer lor these doles. Io morrow (Saturday,) is their busy day, and with out the small money, it is lai possible for either party to buy or to sell ! I'Wo SiurtdriedhhousanJ a: noun ain t In the Washington Globe of Wednesday nihti in a long aiticle deprecating the suspen sion of ispecie payments, which particularly bears the impress of being semi otnciaf, we have the following sentiment: "We are of opinion that ' scarcely any bank will be compelled, and none i'w4 hope will volontarily embrace the proposi- 1 tion held out in the Intelligencer," (thai is, Mr. I Smith's proposition advocating the susem-hm of specie payments ) Now i- s) happened ihat, at the very moment that .his view of the Admin istration was promulgaicd,- the directors of the New York banks had resolved to suspend specie payments. Butthi-it not all I he Treasury of the United States was unable to pay specie a johcU week before the time -that the article in the official journal was published. The Gov- er.im nt its f was seven days m advance of 4ht batiks themselves in uutbutly to meet its en- ragew.enls by the payment of com. 1 hai such i thecasp, is clearly de monstraied by the ficis which we extract from a letter received in Phila delphia by the express mail, this morning, dated Natchez, May 3d ' " Treasury drafts on the 'deposite banks" of tills city for a large sum m specie have been re fused payment and protested ; for it Ttuld net lake the tuuds in Philad-phia and ISew York, where our banks have remitted bills and checks for collection, exeeediug one mill-ion of dollars, but required specie8 here. All ihis comes of the otiorauce aid tolly which enforced the treasury Circular, requiring specie for lands in the West, and purmiitinu; the dunes on imports into iheAt- lantic cities to be paid in bank notes. J he Ad ministration, however, in this warring flgaiost the prosperity of the country, by undertaking to reulate ihe demsite8 and currency for party purooses. has dug its own grave, and would bo ry the country in it also, rather than retract its wicked measures or acknowledge its errors. Wp anticipate that you must also suspend specie pay ments to thv North and look with deep anxiety fur news by every mail." JYat. Gazette. dollars in paper, of the amount of the be city. several enough Smait the most unpardonable ef . ptljl1c'iVaulfs. Ifnfjeice. I itl pursue these remarks , frio further, who tampers with the currencv.Tobs UBor 4if U rAnd vet I cannot uersuade mvself to ttake leaye hrcadi Heipanders, ibdeed,, to greedy capital I of yuu without reminding you, with j the utmost xr nicm is Keen signien, anajnay snitt nr ltseii i-ueierruco anu: respect, 01 me important pans as bat the beggars Labor which 1 forest, unspect- t fgned to you in the political concerns of your to the character of its solvency We siee. by the Globe of Saturday nightn that a notice of the Secretary is prorhised to be givqn on Monday, which will 'apprize the corrimunity of the course he contem plates pursuing in 'respect to tbe public cred ilora. arid the preservation, as fai as pos sible", of the public faith "tiering the pres ent wide and regretted suspension of spe cie payments.' We confess bothu curiotsty and anxiety to see -what new experimrcnt' is now to be tfied. Aft er the signal and withering cxpcri- ment' which has covered the lale Adminis- j tralion vvitb such imperishable renown, the : Executive olficrs ought to be exceedingly careful to uitt mpt no more lQipossihjtjities.. Above all things, let them be assured that it isjroere delusion in ihtmto atternpfto ex act sppcie! paytnent from debtors to Goverji- ineut when the Government fails to pay-Spe- cie to its creditors. It. is-tne mere nmiua- turn of pres'i'mptuous conceit, for example, for the Posttnastor General, who has been a principal agent- in ofinging the country to its present forlorn condition, to issue his in structions, as we learn that he has done, in the following strain : Notcs of the Banks which do not pay on 'demand, can neither be received nor of fered in payments of the Post Office Dp partment, under existing laws. Nor can -a Bank, not redeeming its notes in speciefbe used as its repository. You '.will, therefore, collect all your postages in specie.' If we were not to make considerable al lowance for the York, Philadelphia, and Norfolk Vatwnal tydfi TflE BETTrntLtttx-: From the Courier' and Tliat people 'Ihi where may harei feet knowledge,6f the result of "t ble endeavors"of Gen. Jackson,uu us with a better ejirrency-f tlewr ful Vnrking of the" safety fund syslea i vocated by the author dfth letter to 5 f rod Williams, we annex acopy oiTii . me 3111.111 uuies now in cirnanjy u cuy. ue-oi course can only. fre in the wrints-: 'some are embeiuslwi 'L in particular, issuexj by Thomos hrti a ct.lored man, who keeps au ofwt in Broad sftreet,; has on the revtrseVi ,with apenW we suppose tobretebi terfeits-a likiiess of Gen. JMshn M re":- - i7' ometningjelse which we Hti mi oitcxaotiy turma.fte out, tuougfi i is a uog. MR. VEBSTER IN THE MESI 1 i i ' J Wheeling, (Ffty ,Vj'$ MK Webster arrived liere on evening, in tliei Girard, front Pittsbirv! took loilguigs t llie Ytrginia RoMi tf derstanriing-that he w'as expj day, aoout onehpodrcti vf mi few. chartered llie Stt'anier.lHiu Ja','aiid,ifel ting between two and three iki' iiic uiriiiu im KiiiCJii cifiiucnrii?, is, From the National Intelligencer. inconsiderateiiess witltU, - 6 . which such an older must have been issued, 1 '4. . e .wharf, Ihe boats were met.ii no language cuuiu ue too strong 10 express ? 1 " , VJ a ,- i 1. . 1-1 .1. 1) four Cor five thousand persons, jrho h tbe indignation which it is calculated to ex - - n 1 . , . ,T , , i" , 1 1 1' 1 j r.i assembled to) WelcUme ihe suifftuu t cite, in the breast3 of the whole boflv of tho; . , t , t , , c I .i . . I UiaVUI.- lit IClUtUliCO rnui.;tHf,i Ihn rwmM.M. I ... . - - p. I People suffering under ivaiiied a 1 vTocvftsi or in.f nirn 1 1 1 1 . 1 r-n.i n 'it- vijilji naa ausuiuitir aiiiiiiinaieu ineiai.ic I ; 1 . . vi h' . . . .1 . . tooK a snug family dinner wi Xi i h .1,1 - - f , .it jftr.Ii has the most superb taste I. . - . a m n UUA Q OIIU U'l ltl'l.' ation, except wtthin the precincts of y1rginianiouH the turn tbe Couitan which it yet lingers. -u-.A. -.Ul-u ,.LJ if the following order from the Treasury Department, of which, alst, we observe the pubWcation in the Baltimore', papers, be a part of the nets experiment' we are afraid destined to explode within a much 11 1 WOUlJ '- la ing, and too busy with; the present tocalculate . on the future. The prosperity of the wor,king classes; livs, moves, and has' its tein$r in estabiUhed . credit, and a steady medium of pay- . , . iucui. j xi)i itsuuueu cuauges uesiroy it. nonesv industry ne jrer comes in for any pari of the spoils in that scramble- 'which takes place when the 'currency ojf a country is dtsorderel. Did wild v schemes and projects ever Jienefit the indostrt- cou4ry,and the great influence of your opinions, your example, and your efforts, upon the genert al prusperityrand happiness j ..' Wbigs of (jNevcYoirk Patriotic citizens of this great metropolis ! Lovers of codstiiutiopa! liberty, bound by interest and affection to the in stitutions of your couatryAmericans in heart and in principle ! -You are ready; J amsare, id fuiui an me uuites imposea upon you oy your ous? iDid?irredeemable bank piper ever enrich I situation, and demauded of you by your country - the laborious? Did violent fluctuations ever do goodUo hioj who depends oh his daily labor for his daily bttad ? Certainly never.- All these thTtrf s may gratify greediness for, suddeii gain, or th rashaess of daring speculation, but jihey can bring rjnihiog but injdfy and distress to the homes of pUer.t ilustrytand Lonest labor." . ' While ilthus hold to the ahsatuiA nf in'rt;aJ pensabfe necessity of gold and silver as the foun 1 dationv of ar cirenlaiioo; ' leUhkk ; nothing more absurb and kprenosiefbas nhah nnnatnrsr You have. a; central oositioo ; vour city is the point from which intelligence emanates, and spreads in al; directions over he whole land. Every hour cariies; reports of your sentiments and opinions to the verge of the Union. You can not escape trn res ponsibil i t y w hich ci t cu m -staBces have! thrown upon 'you. ' You must live and act, on a broad anil conspicuous theatre, ei their for goodjor for evil lot yoor cokiotry. y You cannot shrTok away froni publfc duties i you can not obscure yotftselves, nor bury your-talent. In . . -. 8 . uuitainqi,.fujfi w -impuii: spee.xjiere.u? IPPv is uvjiu.mucii specie in the world, and, its "aJ n toe common glory or-Atuencans, you nae mount canuvt be ereatlv or siiddenl v iarfeaspd'd SUke of valfee oil to be - ealctiiaUd ! i? Yoohave 1 v..tj .4.i..r-r. . . ::...;..,.k-., . . . 4 iij; ; - ow.4ii; 10 r leasons-ior-Sttpposiug' mat its B, .mwresun inereseTvauon 01 ine union, vt maae Known, u is oecaase oi iuiojai;ri.f u.' I n amount has jecentl diminished by the quantity the Constitution and of the true f principles of lor, th b GovekniIijent t Thef aiftk hojds svaie. f . , used in mirrafactures, andby-thedlminished Goveriiiient, wTlreft hb"iuanr can"1 estimate.' large claims upon the ' Treasury; apdlun pre- j products Mi mincs- Treexistinam)uuvtf "You crforfyoaTselve?' and for the 1 generations senling ihemjfor payment.hhXrasuryof the; I , : 8liveferj ,musts,sup -ihajTate troin;e after ,' j oil ; 'and tl:.w bodges United Sttesrefusedy lU jagentpl to pay its I lation. and the othernatirm4als OnAnftta nm. hi.ihllU,KVftir 'nmw! nii nirtat-. rdnr H-.Kii;:ica in Jerw'iA f l; InminseaneneA' of this m S -.-- v . . w , I -- - , W .M . MAI W VM. . .... "-. . " I I Ml a W " - " E - - . fe ' Hn - - m . It,- " . . m. . - - .... - i V . . t ' .1 fractions of a dollar, would scarcely for the circulation alone ot this change is the life of a city 1 have seen' an article from the pvernraent paper sayiug that the Secretary of the 1 reasury nau-wruien to u.e v.outor o, a , u,gtaoi i R , . , Washini7ton. and the F n.g a suspension or granting reiiei 10 the nier-il ,, - . , t r chants from suits for Gevernmentdu.U This f?1ei'nan,C3 Bnk of Geprgetow is nut truth. The Secretary's leller is published thiday,and in ii he iRETUses to grant ant delay or suspension in -bringing suits against tne mercnanis : ' 1 f Some people, without duaireflpciion, think that-all events, th United States Bank ought not to have suspended . payment, because, as is well known, lit needed not to have done so. Some of its Directors, before they finally decided la suspend pay ment, said they would 'rather lose a minion pi ooiiars. out ui an oiuauiu wiwi it was wise and prudent to suspend j for the Uni ted States Bank it was most wise and prudent, fur tha plain reason that the great ihlndrance of the drain of specie most be by those suspending wno had the greatest amount ou specie. ine weak deposite banks save trtmacZreby suspend teg. The Uuited States Uahk, by ioing;so, serves, if it does not save, tbe country, -t ;i PHii.Ap'ELPKr SaWrdayiMay 130J bfrmmed.ate rasjn which iiideced.ibei Bank of ihe United States t ji uspend hajoeen The Banks universally, remote and near, as far as we have heard, have followed the example, set . by the Deposite and other Banks in thj city of New Yoik, of suspen ding Specie payment, with the exception, in this District, of the Bank of Metropolis aud armers' $t getown, (which list did not suspend payment with the other District banks, as we slated 'on Saturday -upon the faith of common rumor ) I What course the treasury is about to pursue, in the present emergency, we have no means of, knowing. Its position Is one c! extreme perplexity. We know a course by .which the whole nation might be reliev ed irom the paialysis which now disables it in all its functions. But . that course, we believe, the Administration will hot pursue, because it involves, or rather implies, an acknowledgement of error. And that ef fort of magnanimity, so difficult for an in djvjduaJtjpne can hardly expect from a par ty, or from an Administration based upon party, an4 acting avowedly upon party prin ciples. ffwe are asked, what the Govern ment caodo, next best to doing what is right, e answer Notiiing; that is. in refer- P It 13 shorter ti n.e than lhalt which we may now call the old one: - " ' 'The Collector of this Port has received from the Treasury Depaitment a CirculrX requiting the payments of monev accruing on bonds and customs to be made in specie, and the notes of specie-paving4 Banks that are at par, at the Custom House ' What greater oppression can a Govern ment be guilty of than the ' requiring of tribute to be paid into its exchequer in me tallic coinjvhich by its own ppiicytjit lias enectually expelled from circulationr-r vu has cooks whose dishes aldeimah. No set arrangements were mfa attempt at parade ; but at ikttff?' hour the room was ih'rbqgeoVurilil H f: fountl the taWejs full " When tief ous dishes had4 been remeveeyaod r placed upon the table, suitable UJf f gtven anu responded to. - , " : - ' We understand that Ctaunbdortfj 1 ii.. .Ust .ml miffl faitltlu; I pu buVsei vants, nd for mafl jr)?Fjr. lor offiir ohhVSMfcjiiiPwa? t B,f5ifi opNaitf ConiuiissTonerW1-! i uses is to jass from country to country ,for. the puf-l blood, will feel, m; therr political and social coo vi r muj wwwuiwi uitiaiicKs iu commercial 1 uojon. iDe conseouences ot tne manner id woico transact tops,- It always jlnds its way naturally y db discharge yoar ilitical duties; li;- ana virtual bankruptcy .andlbe abiDi4 suspension f t.eT'rfcasuryitue Unfed S"tate Bank felt lUflf on- tnst where tle state of debt and' credit does ftot ,re be, bUngr withdra xn for objects foteign ; to its tulioo. J i H : Mil 4 U I ard reqair-1 Yesterdayl the following .transaction -' on the d byhl occasion; shall We liot ule it lo a hfgh-i partoTthe GvernmeBtoffir Mt4bk place irr mism2natremenl''4iaff' . oivp'n w ennnnta lh KflfptV fnn.l ivn1J I.,.. HMil nni. 'Pi.!. I m -j .'"." ;ft !ra,a "i uuicst m hc season of ad versitvjias now- arrived i .the baos 4iave all fajtedrandwKerrtUjhe . safety fujid t Take a five dollar note of one of our city banks, mj u. 1 n . . iim m .m . ...w a . .... a'.. m . ... . n - i .1 :. 1 111 ii j.i a wmsk. i.:n j .-aw.b - - v , ii,. ill nil . ihi .111. iiw 4UUPT 1 a ill TirvYi a. k . n j - w k I M s.si.- a. . n 10 1 vniiin.i nn w . 1 ' viinai .11a. n'liniii. ' ra 1 an r: f iiim ' . ? . jf.i.' regUiatlUlt. lreasarv -nrdre aoonmiilitiima 'fit f frionlo rr..; . 'r.-.i. L '-..'.:. L.Ui.,m' linaain miil-: in.nlaLlir'l '. tir ? - I X' ,.emin!?a other contrivances, there to re- die our fove of constitutional liberty. Sistrengtb no6payireni of whieli Mr Woodbury has eci : " ... Um . L11,1 'CQQi&Dt policy bordering, as it ap- en our resolution fej public 4tfty ? Shall we oolV Ued that Uteyshallbe immediately pued at law ; 1 ; ' W rr-.lof,e' 1 'i-11?1 nsolry ; i alloneatyndx smeeiity.-with purabddis "they oflered topay ivoctesof JtheH Government -r,i .V. ,l"Ue hive seventy five or interested Iov of couotry;is,Americans, looking deposite tonic, fix. ibV.-GiraW; firtk but tb-y y : ettfbty csdlicas of specie now irA the country i back tothe renown ot oorocestdrt and looking were refused; and(thoogb nowr Golrernmeot baa ; r jjut wpat more teeasejesswbat'dwre.absiird than forward toihe Uttejests vt rewt nostAtitv. . herS fur some time Bu&ended specie baVmeot itself i 11.;. i,..i ;r .4.... . . - . r. w - .. -. - z ir. - w . t- . - . i s 1 r . ?r ua MUr " ac' .J3tasvia aaroaui vyaighu p&g.m mutoal taitb Jjold oni to ther 'were : tmperauye!- returtd ' i 5 -i - jt " : " - ' f - - - . :-. I ' ; vi"--. . - ' j " - - . i- .-: ; ' t ':-'.-' f : ''-' - i I . . ; , ence to the interest and accommodation otl n "heseas'on of prosperity' we did tne Doay o: me People. Some of our friends, -we know, suggest the proprietv of an immediate call of Congress. But what 6siid Congress doV if called together 1 uii iuuiu vuiigicw uu tuai me rresioent 6f tbe,United Stateffif so minded', cannot Without tha aid nf ti t . 1 v. -w via " ftftTfti v liaL t.iii 111 y S'UIirw do that. Conir has noTi herftt ll Ia,AI , . . " . . ' uuuc, T put oeen overruled ia by the late Executive of Hie United States. in,d. LJuance equally of tbeDublic intpr. nAth vyFuiar wuir mjo our.iijenas sQDDOse that ih. ii . .a " . . Plro fiuv rresiaeni 01; tne United States i 1 i c- Pwer to nis nanus - would ppr6ven act ofuOpngress to do whit he -wotiia npt himself 'do? JC he did, Le would 2 fo !,Q thefootsteps' of his predetessof, r' Pnoani autyrnne author of the THE NEW YOUK- SAFETY FUND, From fie JY. F. Evening Past, May I3i y When the'Amej-icar. intiiui es that the. Safe ly Fund system had its on j'. n in di-honest mo" t " J ! tt, rm . wves. we citatrree wnn it uhti v iti rmnfti r: tiop.of iuaking..the communit safe asainst trie Ucares -of oflicial dutiesSaBq W?L.2ll -'-y-j ... niiiwi uaiinslo r AUailllCi UIUUT lll lull pjl'l, i naoie, had engrossed much.attention, ani ilN ',5l f.,Xria ..,.. mnrh beuebtlW safety tnnd system was adopted with a sincere I : z f- ... .......... K fiial9 ,r . . . . . :.i i lr.a ine p. air. uu iu wj -1 Its raiteA-ommuirt, idi tbe COj ot ihtf- Bresitient of the UnMt ofntrfslcretaiy bf thevj on va,l occasi on s m a n uesi -: w u 1 1 foot sowaMshi'p. ?fm his litltli hasten impaireiJJI lelievtid; fti an attack ioT iH 4v viae; us V'ft? w - t ? aesite to provide the desired secuufy But the ie sY&iPui are anoiner quesnon. f It is time that we shuuld alllouk at this dues Hon without prejudice Let us dismissall per native 'element. .Few nieh l,cfif suclrt lengthf ailnDCOunl tiisand privations of a f '0 sonal and party considerations, a.nd weih it in have tendered more tmjiorttCtOjJ the ever, scales of tice. WJhavVliadfutf their country. The venerable expence of the nses of the safety fund ;' we 1 milbe accompanied on bwPf nave trteo it in prospentr and tried it in adver- f . J -.n.nrhunUv "t T leseason of orospftntv we didnotii , i- T trrrt .earun .1 need iu.Ne banks fall in a limef -real ctmfi a 1Tea S---K fnrA Siiir,f r-.e .".:'. u - l j Uor the recovery oi n 7"l:!. iurui ii a KDiiiarvaaiiar riaT inrn. nv eiitna Eiraaoa i . .. t .-- -1 . - ..." . I ; i aaft I andwheiber it tiHW yonr pole.-You W!fW,Df a indebted WinteTJecU.mre ',4 ii. manJtbQsebavifif oanKs tailed like tnera l; bat itjt.were pile mplr:Zia'At:wI; ffold arid silver, it wonli nnt rV Vnf ifatL1 rv,n Uh& notice wtl be pleadla bar " '7 . 7 ' t .7" i r-x i ( i oi tne notes oi the baLks of thfi tate now.in l cireo!atidiit - I - Z t J 1 and go in search f tbe Mfeltl arrrai lantern if A . WrlK V-nWrl gl von pleaseand see whether? vod -can -find it t-Pt TJ nJ n Vi ai I. A ww.li 7. '.wftr. Ji.J I" May37, t-WeaieJbrougbtlbthis conclusion, tbenVthat I, t ll a- .4 1 41 wr: taw m I Iam aff a. fMH.fHIM ..f fn'sI .IIC .ail j IUUV ,'M44iC9ft ftft ft lUCtdUIQ UI fB" I curuv, except in utose perioaa wnen ii iscevej or rarely needed lf45. 1 I s n luur lit.-" .-j . i an oajaucea oyuie tia.sep- - pp.TJonO at ' tU". Y 1 , ngtvesto lankpaato ff Cm , " M - - . i "-r- -2- ' 1 . " XJ. av ' . , 1 - " . tff ft - !-. . " ,t-'. .. - - 7. : " .7- h ' ... ' -t-j ' - ; - v . " J j.. . y? j-,.T.-, r i', ajfji J 14.:- f ' -ji-' ' .-- ' J.-' 4t
Carolina Watchman (Salisbury, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 27, 1837, edition 1
4
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