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fVromotion of personal ambitiopiwill prove
III IU nir tiui ilea - uw rw- - ,:;
i 6 COne term for the Presidency ."-Hl
While an incumbent is suffered to look ftjTi
ward lo re-election, the interests oi toe
nation will be forgotten, in the anxiety 6
secure tho desired event, and the highest
officer of the nation presents the bumilia
ling spectacle of electioneering for totes.
iVhen it is understood that bat one terra
Wilt be tolerated by the people, tbe raotije
(( use tho patronage of the government for
personal agraodiement is removed, and tbe
government will bo admimntstered'upoti
bure republican principjes 4 ! f
j 7 i Members of Congress should not ye
Appointed to Executive offices during the
term for which they have been elected, njar
within two years after it expires Thus re
moving every impediment in the way of in
Independent and unbiassed representative,
body; and removing all temptation from the
Immediate servants of the people and tjie
States. ' -: v ' - - L ;!'
J! fl. Strict ecnnomv in the expensegjcf
(government, and taxation to be limited jtb
he actual wants of an economical Admin
istration of the affairs of the Government
b 9. Strict accountability in all Public Of
Seers i the entire reform of abuses, and an
honest and faithful discharge of duty to the
country
10. "No proscription for opinion's sake
1 honesty, faithfulness and ability, being
the only true qualifications for office. f
I 11. A National Bank upon sound r n
ciples, as the only means of securing a u ni
form and sound currency for the peop e
end the best agency for keeping, transferring
and disbursing tbe public revenue. Some
agency is necessary for performing these qu
lies for the Treasury, and a National Bank
us most nrnner for attaining the end. and coo-
sequenlly is not prohibited by the Constitu
tion. ' . I
12. The currency of the country not to
jbe tampered with and unsettled for party
purposes -No doubtful experiments to blast
life prospects and embarrass the business: pf
jtlie people, but a sound, sale, convenient
and permanent currency ; the same for tue
Vovprnment and for the people. i
.13. A simple and strict construction of
the Constitution The powers granted to
he exercised for the good of the whole pep
ANOTHER SUSPENSION I
On Satorday last, intelUgrertce peached this
City, that the Banks of Praladelphivhad again
yielded to the severe pressure of tne umes ana
saspended, temporarily, life payment ot their
obligatloos in specie. Since iheo, the Banks of
be interior, of Delaware, aiaryiano, lisuicijoi
Colombia. Virginia, and 6o owp iate, ha?e
had, as a matter of course, to acqoiesce in tne
necessity of the case, and htsptad like wise.-
We say oar own Male, lor mougn inieiiigenpe
has oot yet reached os that I the Bank of Cape
Fear has sospended, we lee! CDnnaent it most.
do so io self defence. If ir does not. exposed as
Wilmington is, the! seat of the mother Bank, its
coffers will be immediately drained of every
Dollar. ! I , t: '
So far the New York and most of the New
Englaod Banks hold out. and. express a deter
mination to weather a storm, and oav " bard
money " for all demands bpon them. We hope
they may do so, bat yet we jdoobl. j 1 be ttnoae
Island Banks have been! compelled to imitate
the example of the Philadelphia Banks, apd
others, we fear, will have t follow soit.
have produced the1 suspension, it is attributed
we believe generally, to tbe continued drain up
on oar Banks for specie; to ship, to England,
and I he uncompromising hostility ot the Uovern
ment. which seeks in eveaf wav to cripple, In
stead of sustaining these Institutions.
It is behaved that the suspension will be not
temporary in its: duration, jand, as every body
knows at all acaaalnted with the sobiect. does
not affect the ability of tbe J3anks to meet thftir
engagements. As a contemporary well observes,.
M Tbe safety of t Bank does not consist in the
amount of Specie idle in its vaults, but in the
ample security which it holds of its debtors.'?
! jpokig-ft Register,
Tm AW ;
-
FAtETTEVILLE AND, WESTERN
HAIL ltOAD.
whole affair is represented as a xidiculons
failure. The Madisonian says there wete
not twenty of the citizens of Washington
: Oar cotemporary of the Fayetterille Caroli- j,j-tjje group,'unconnected with the govern-
oian has made an aoonated appeal to the country i meQt 0mces
" iif .l:L t..Jiia lla1 ah I 1 "'
id oenaii 01 iois jiujiuwcmcu,
rV secron him! with oui voice. jVe would do WHIG MEETING IN ROWAN,
with all out heart, if we thought there was Parsoant to notice, a public meeting of i
thelslighest prospect oTdoing!any good y the
us
so
WATCH
' Thev who trade on borrowed Icapital should
break.1' wat an opinion pot! forth by Gen. Jackson
w hen he commenced His wir against the Bank-
jng operations of the Country and we nndj at
ihi8 day, Mr. Van Baren and his ( party on this
subject, following in the footsteps of tbe great
est and best. He is for banishing credit entire
ly, and
course
FRIDAY, OCTOBER SI3,1839. ,
H i 1 -:i.
.v
IC3 Rev. Mtu! Masoit, of the Baptist de
nomination, will preach in the Methodist Church
in this place, on Thursday evening 23d Instant,
and not in the Court-house, as published last
calt We have cried an4 called ttntii we are
hoarse with cTyirp but ill to io parposej Our
friepd of tne Carblirilaoj has Jio i(lea, how per-
fectiy deai the Swul of this enterprise has be-
the
citizensuf Rowan county, assembled at the Court
House in Salisbury, on the 23d of October; 1839,
for the purpose of appointing Delegates to the
Convection to be held in Raleigh, on the 12th of
November, 1839. D. Austin, was called to
the Chair, and John H. Hardie, appointed Sec-
come in tne Wfstf fil Wilt,c, fC &; H. C, Jonesiesented the following Res-
we are saiisuea u, uiusi w wub . i0iQuons, wnicn were fcououu oujieu.
The Factories in the interior, have cre-
that
we do
'-Tttr
I
alone
ated so great a demand for cottoni
oot-feel the want of a market as we did;
and other considerations! have; greatly diminish
ed the zeal of the friends of this jwork, and we
can! see no good to be obtained by agitating this
matter at this crisis If we were, ever so much
disposed to take np this t object, we should think
9 I THE BANK; SUSPENSION.
1 ' II -i h
- From the various extracts we have made from
other papers, it will be seen that ihe Banks of
I In in Hiemnnt rr nnfflvnfablA one.
dty have suspended, cash payfnenta for their j j - . 4 Sir i "( '
nnlpa Prnm lh: last Kaleioli RpuislPT DA Ifiarn I "
that the Bank of the State of North Carolina,
the! present, when
were all suspending! specie payments and ceas-
and probably ihaH; of Cape Fear! have followed terij Caroli niarU grave rebuke to tha Whig
party . for intolerance arrogancei etc.; ana
the) Editors have eked cut tbe conclusion
that all their late reverses are attributable to
their indiscreet behaviour in these parttcu-
suit.
We do oot pretend to knew much of the com
plicated machinery of thsse iostjtutions, but we
have our own opinion, of this matter and we will
let it go for whatjit is worth. jWe look upon
this position assumed by the Banks as a great
outrage upon the rights of the commonity, but
we consider the' blame to rest ith those who
have waged so relentless a war 'upon tbe , credit
and trade of the country and especially with
those whose counsels have prevailed to over
f?Mi.W. That we heartily apiirove of the
object of tbe Convention to be held in Raleigh,
on the 12ih of November next, wedeem it one
of the most valued rightsof the people in their
primary character, and in conventions to meet
together and lake ccuose) of one another for their
common good. '
Resolved, That Junius Sneed,. H. G. Joned.
Abel Cowan. Robert Macoamaia, Thos.Craige,
Esq Charles Partee. be appointed delegates to
the Banis if the country represent us as citizeas of Rowan m sud Uon-
venuon. .
Resolved, That .our said delegates be empow
ered to confer with other delegates who may be
sent from this (10th) Congressional district, and
appoint a delegate to repiesent the Wbigpof this
Congressional district in the Convention to be
held at Harrisburg, on the 4th day of December
next, to 6elect a Whig candidte for the Presi
dency and Vice Presidency othe United States.
Resolved, That we hae foil confidence in
the nnritt of Duroose lofty patriotism sound
Republican principles and emmineot abilities of
Hehbt Llat or Kentucky, anu wnue we a-
lirs. The only: specification however made rree to support with ardor, any one, -who may be
1,- d ti..i f. 7MlUrn fSnorfjiinf selected by the intended Convention, we hereby
Ba,UJl I . . .,rro
We have in the last number of the Wes-
4 t,i in si. 1 mrnianw HTnw nil r nreiHiiura iui uji. uir
has come out in aj very unjustifiable manner Resolved, That we have the fullest confidence
- - M . ; i, . I 1 I ? .1 1 mm m r A inlMllll lF AltlC
M. Morehead of liutltord, and we recommena
best He is tor banishing credit entire-t vr . :!' : , t r v . ..
I confounding the while commercial Intel lthfow lhe ,Nllonal Bfnk' TH New yrk Clly
of the CouniryJ Now, who, we ask, are Bank.8 declare that they will not come into the
t
agai ns t Nullification
01 tne vvnig cause, it? protest against iois . -m . . DruDi)aed Convention, as a suitable
specification and I the deduction. We do candidate to be run for Governor of tbe biate, by
lUIa OcvaUSO 1U19 19 iiui kuo i yt iud , uig 1? r A TTQT1V r7i'n
to be made tbe sufferers, if this suicidal policy f measure, and perhaps they fray be able to party, and because we believe a majority ot j Hardie, SecVy,
the President should succeed ? lis it the rich
man, surrounded by all the eomforts-and luxus
of life; tbe man of ample wealth! and extensile
infloence : or is it noi the oor apd industrious
laborer, whose credit is his ftittond. Tbe credit
of the poor man is to him what the money of
the rich man is to him III is by industry and
credit, the enterprising farmers of the Country
expect to make a support (for themselves and
family : Nay, credit is. indispensably necessary
stand out. Why is this ? How is it that these
institutions are so much better oBF than others to
the South ? We think we see in it the result
of Mr. Van Buren's policy. We have before
pointed out the great advantage!! enjoyed by that
city in consequence of the derangement of tbe
currency. Their notes are so much better than
that party would join the Carolinian in con
demning the article referred, to. To say
the least of it, it is in bad taste and injudici
pie; doubtful powers, apd those not grant- Ko efery man, whatever be his occupation. ho f bng to buy them with, vhile brokeraare us-
WH1G MEETING IN WILKES.
; - "i '
At a meetinsr held in the Town of Wilkes
r.,J .nA t ltoUt oiiD iTohrl fth RinA borouffh. on 9th October, 1839, by the Whig
which has as much right to speak for the W1 and Asbe for Uie parp0Se 0f appointing;
body of tne Wtiig party as tne spectator nas a delegate to represent this Utstrict in the l
otnerson account ot per position, that there is I already so declared.
ed, or-not necessary and most pro.per to car
rv into efTect those clearlv granted, to be
scrupulously avoided. jl
14; A strict accountability of the Iteprc-
ssentative to his Constituents, and obedience
to the popular will when fairly expressed-1
it 15, Tbe right of property) the r reedo
of Conscience, the Freedom of Speech,aqd
the Freedom of the Press, strictly guarded
and aaupulously respected
is iost commencing! life, and! who has not monev
to throw him into employment. We would not
draw any odious distinctions between the rich
and the poor. As Americar citizens we livejun
der the same Constitution aftd enjoy equal rigrhts
and equal privileges Bot jwbile Mr. Van Bu
ren professes so much love for the dear People,
let him ! let him ! ' give proof of it.' If be would
that the poor man should thVive and prosper! let
him not destroy the oLly means he has of doing
so. Varohria Gazette.
NEW YORK EJECTION.
! 1
ing New York paper .to buy notes of Noith Car
oijioa Bank, for instance, at an immense dis
count. Thus the.?' favorite son" has made us
all tributary to his i: favorite city, and no doubt
will expect his reward. Aod thus it will ever
To that portion of tbe Whig party in N.
Carolina, who formerly belonged to the Nul-
We
lifiers, we bear the fullest testimony.
want no better Whigs nor tmj better men
than Kenneth Rayoejr, William Cherry and
be until we have something like a National Kbt- UUIiam J and we are persuaded mat
Bank.' It is perfect foil v to talk of the Penn-1 mojtt of the class areas stroneW devoted to the
m. i - i i a ; SB m t
The following article from the
mortd Whig gives, in a few words, a his
tory of that supremely wise legislation con
cerning the Banks, which has placed our
State in its present awful predicament.
v For the Jiichmond IVhtg,
THE BANKS.
The following is a part of the third sec
tion of the bill, bs it passed the House
of. Delegates last session, respecting the
Banks r . " . ! i
That so' mnch of any act as may sub
ject any bank to the forfeitnre of its charier
fur failing to pay or redeem' its notes l or
debts in specie, or which may subject such
oann to tne payment ot any damages or-
rate of interest exceeding the rate of 1 12
per ct. per annum, for failing to pay or re
deem its notes and debts in specie, si all
be and the same is hereby repealed, ind
tin legislature reserves to itself the power
of repealing the charter of any bank which
would have been forfeited by virtue of he
provisions hereby repealed ; and ofjdi
recting that the funds and effects of such
bank shall be disposed of, in the manner
therein prescribed '? I I i
The Senate struck out this provisitin ;
and the House on the 29th. of March disa
greed to this, among oiherJamendments. iOn
the 1st of April the Senate insisted on it;
on the next day the Uou.e insisted on its
disagreement ; on the third; the Set ate
adhered; and on the 4th, the House, tq a
bid the loss of the whole Bill, receded fjrom
its disagreement, and agreed to this and the
other amendments of the Senate. j
T IT the Banks be now compelled to i is
pend specie pa) ments, the consequenc j is
that they hereby forfeit their charters, I arid
svlvania Institution. a$ one of that char&etar.-I.
I is pretended by the ico-focos that this is so
because it has a larger capital (ban the late in
stitution. Bui we retard that verv fact as the
It
The t nor of War comes on in New York, ear
ly in November, and all eyes are ! turned to the I ia tme, tbe Pennsylvania Bank has an enormous
most disasterousi eircumstance against it.
A oi cinrt nf ilia t.mnir Slaio. if cha ttnak tnr I 1 - i . . -; ' ..
l . . ' r "X" . r: eri . " capital, dui h nasnot tne same means of using
the higs it matters not jpuch if a few Stales J Ti,. ki 'j-s Hi. l . . . u
do prove recreant tb the good caosfe TheElec- lV The bloodjisjthe, but it: cannot be sent
tion is for Stale and County iOfficfcN ihe Mem abroad 10 lb ektrjemWes to give life and vigor
bers of Uonzress having been chosen last year. I to ine Douy. ; n, is an
A year ago, when: the Whig cause met wilt,
defeat, New York declared! through her organs
Whig cause as: the gentlemen' above named.
So the Carolinian cannot make out a cause
of quarrel with the Whigs or) this score.
Let; it hunt up some other excuse to cover
its .backsliding from" the Whig ranks, and
means of usin an4 when li does Hldge another, we will
a
tlonal Whior Convention Gen. James Well
born was called to the Chair, and Dr. Larkin
G. Jones and Col. Wm. Parkes wete appointed
Secretaries.
Thaohieet of the .neetin? bein? explained in
a zealous strain by tbe President Col. Ander
son Mitchell rose and presented the following
Preamble and Resolutions the adoption of
which, he.eoforced with great ability present
incr in a forcible and eloquent speech, the many
and the great claims which Mr. Clay held upon
our whole countrv in consideration of distin
guished services by him reodered, viz :
"In as much as we are of opinion hat the mea
sures and policy of the present Administration
are hostile to some of the most cherished prin
ciples of a Republican Government, and in vio
lation of the most essential maxims of political
freedom ; that ihey endanger great National in-
ourselves to give our hczii
nee of the said Convent!
James M. Hedirx,
IVm. P. Wilherspccn,
Simeon EUer,
Benjamin Parka,
Dennis Carlton,
John Ferguson,
Peter Barnes,
William Horton.
for the
" He that is search!;
mm- ft I
things, will nejneci tne::
familiar V -Johnson.
TOWN'S SPELT
Is gaining extensive re,
It seems to merit both ; ar :
according to the design c
a short time. supersede tti
n ih mA dnnartcnenl.
a VMW mwmm mm w
are pretty warmly disci::
lie prints, i lown's icr.
fine words by synonym
arranged in spelling c
the double purpose ct a c
fining Dictionary and i
vity of the one with the t
1 his scheme 13 ne t .
been carried but before 1
reason is evident. Thf :
stacle to a complete S3 :
Books designed for inr..
Ignorance of the th 15 c :
by synonymes ! We r..
attempt louenne colours,
9a tn Tnlain bv mere h
9 .v " f rf
lions the correct mear.ir
lions and nice acceptati.
tore or infant' minds to!;
the nature of the thir;
synonymes are the sir.s.
dition, and of the great r :
and philological science, 1
inability to dtfine a nun
synonymous or parallel i
01 explanatory circumic .
The most intelligent ' ;
losophy-contend, that all I
can only be received th:
senses. Hence, in cent
axiom m the science tf r
graphers, great and lilll:,
impiessed with the re;,
tory definition in fan;;!; :
to illustrate the various 1
in context with other?,
signification of a word h
acceptition. Every n f.
i( the sagacious Dr. Jc !.
nothing unknown, can
medium of something pre ,
vain then, to expect cl :"
meaning of words thrc:
Other toords equally w.ih:
.they are nearly or peiha
things or ideas of w h i : : .
merely signs !
Intuition is not a liurr.
knowledge must be ar
channels of communicai 1
sitior can be made, the r
coroprfihending the nattir.
and the terms employe J i
...J. mill Irnsn in vial '
ing mainly of Town's l
mav be termed. A New I
to the body.' ! It, is all accomuilated
A .tr mrrn wVion ihn VVhlCT CfthftA mt with I l.Ant ..J ill
. T T . !! ;l - .5.1. H I , ?; .
deleal, IXew 1 orK ueciareui tnrougn ner organs, 1 i n
ah nrnnll not fnlt ai . let Atheia tin itt ihev miaht. I I .
If
in this
about ahe
strain undertake to show its mere hollonr-1 terests and tend to aggravate the pecuniary de
-Oi ,C t w 1 . a i"
rangement ana aisiress uiai aireauy exwnsueiy
pervades the country : that they are subservient
Executive ambition and tend to accomolate dan
ness
make out the! cause, we may come to his
If after all tbe Carolinian can not
1 : i
ass
She kept her faith she- conquered, and fairly
won tbe cLaplet. j 1 he samp spirit now animates
her, and the Whigs and Conservatives are pre
paring nobly for the cbnnMctjj The Albany Eve
ning Journal thns speaks of the work in hand :
Raleigh Register. M i ll I;
11 iiatoci ucicvkiwiip ijivu uiaj tanc ic I QqqJjJ
eiHewiiero wuicci ictciu way ucuui luuiii-
er quarters, the Wbigs of few" York will re
main firm, undaunted and upbrokeh. Theyjwill
manfully maintain every inch of ground tbey
have taken. The Argus may eat its words,
and blow hot where it blew cold, and laud to the
skies tbe Sub-Treasury j which lit denounced j
Ex-Governor Marcy may &car the penalty he
invoked upon himself for, endorsing it ; the de-
ur predecessor in this Ofiics, has often insis
ted on this distinction, aod we think it founded
on good sense. ! 1 .
'; Does any man in his right mind, believe that
the Sub-Treasury system, if it were legalis
ed, could remedy thjo many evils likely to re
sult from the state; of things ; now witnessed ?
that secure tbe holder of a North Car
olina bank note tHe! full amount of bis mo
ney, if he had occasion to send it to New York ?
Could that help a man to his money if he had
i a debt to collect in Tennessee ? We are told
by the friends of that Imeaanre, that it is already
in operation. If;soj why does it not help us ?
We do not like i the moralitv of Banks d'13-
stance and assigri for him the true one. gerous power in
the hands el ihe President:! perspicacious Jomsoi c:
funct Regency mav scribble 'leaden articles in its lnniina iKv Ltnea i,,r.jMm ti,. i..
of restoration-but their labbVs and their dreams lhe? alread? haTe out. but a state of things may
will prove alike vaini There will be no return
to their political 'lHegtra.V The Empire State
can never again be attached to the tailing; tor-
tunes of Martta- Yao-tuureiji.
Stock GAMBLi5a.--Th New; York Express
gives tbe following sad account of the stock .bro
kers operations in that I I
A large portion of the operations in stocks are
on time contracts ; that e, o deliver or receive
stocks at a distant day. ! The Bulls are denomin
ated those who carry up stocks, and the Bears
are those who wish id carry djown the rate. ! Mil
lions of dollars, in jamoant9,f are bought and sold,
arise that will excuse ii : and we doubt not but
that it will have to be done in the present emer
gency : what j if f the branch in this town were
not only to stop discounts, but to urge a rigid
collection at the same time ? j What a crash it
would make in this neighborhood! If, however.
it should continue to;discount paper, very little
change would take place in the times. We are
no advocate for Sochi ia measure, but we do pot
see how it can be avoided. I ' ,
THE NEW I MONSTER 'SUSPENDED!'
THE DROUGHT.
We learn that the present dry spell pervades
most of the country. Fortunately for this re
gion, the crops Were well near made before it set
in, but it had some efTect todimirjish the previous
calculation on the corrj crop that crop was, in
deed, much shortened by the drought. The cot-
ton; crop is most beautiful in tbs region, and so
perfectly sunned, that! the cotmn growers say
they will have to get a belter pice on account of
the lightness. : I !
The great inconvenience we ihave to encoun
ter .is pn account of grinding. If it. bad hot been
for some of the River Mills we should have been
reduced to hominy. Correll's Mill, on Third
Creek ; Fisher's and HalPs on j the South Yad
kin!, have gone almost all the i time, and have
" done the State some; service. j" We will' here
take occasion to mention the Opporftme improve
ment introduced into Hall's Mijl by the Ruck
ers; If one half of what we lave heard con-
cerning tbe performance of this mill be true, it is
certainly a most wonderful improvement. Tbe
fact that Hall's inill, from ope pf the poorest in
the whole country, was made af a small expense
to out-grind tbe most approved establishments in
the country, stahds for itaelf, a$d is regarded by
most persons as a full test of Kuckers patent.
Definition," Crabb
ary,M is a work of grt.M
.That great Eiymoh ;ir.
necessary to illustrate h:
exemnlicatiors. Let us I
thai they threaten to subject the sovreinty of
the people to official influence, and baffle their
independent suffrage by the corrupt use of the
patronage of the Government : we are induced
by our common alliance to the great principles of
the Whig" party to concur in any effectual mode
of securing its zealous co-operation in resisting
an Administration so injurious to 'the prosperity
of our common country, and so dangerous to the
pure spirit of our free institutions.
1st, Resolved, tlterefore, That we approve of
tbe proposition' for a National Convention of the
Whig party to be held at Harrisburg, for the
selection of a Candidate for the next Presidency,
in opposition 10 the present incumbent.
' 2d. That Gen. Ed. Jones, Gen James Well
born, Gen. Samuel F. Patterson, Gen. William
Her ton, Col. James Martin, Col. Anderson
Mitchell, Col. Peter Eller, Col. Wm. H. Dula,
Maj. John Finley, Maj Alexander Church. Col.
Thos. Lenoir, Dr. James Colloway, Col. Wm.
Parkes, W. W. Masting Esq. Maj. VV. W. Pe
den, and Dr. L. G. Jones, be appointed Dele
gates to represent Wilkes county iu the district
Convention, to meet at Wilkeaboro' for the se
lection of a delegate to tbe National Convention.
3d. That Henrt Clat of Kentucky, by his
distinguished pubUc character, his ardent patri
otism, and by his eminent qualifications as a
Statesman, is entitled to our support for the next
f residency.
4ih.;That Col. Thos. Allison, of Iredell Cty.
be appointed a delegate 10 represent this district
in the National Convention.
5th. That the Chairman of this meeting be au-
from being rich. Those wHo hold oot the long
est are successful, and the stock: rises, orj falls,
as the case may be, when the institution has! not,
in its management, or in the course of business,
if they do any bankinir business. exceniithe changed its position in the slightest degree
mere collection and pamentof their tlVhi. AU lhe9e contracts, where the parties have not
. ' . 1. . -rr 1 1 1. - - ,u :
io Mw'iSSiClS iSMfa Wesee it toco Fow papers gteBtl VV, on6it8l.ni!.h.t ian, oiiliowner. are adop- horised lo'.ppoint Ojmoiut. of three er mm.
in many instances, wnere jtne Lparues are iar . 1 r r . . 1 .sl -. .ti--i .j.LJ. s.l I nersoos from each eanntv. to write an address to
bti
thev are placed on the footing of uncbar-
. . - "1 1 . 1 ' 1. ' . t TJ.:!
iereu uhim, auu cannot remain an l action
for any debt whatever, which may be! due
to them. Thus, they cannot, it is beljev
ed, collect notes or bills which may j be
deposited with them for collection : nor
can they receive money on deposited or
pcnuitu uy oiaer oan&ing operation what
ever, with the exception before stated
without placing themselvas in a state! of
absolute outlawry. When itxis recollected
that the State itself owns nearfy one moi.e.
ty of the stock of the three principal
banks, and must bear her equal share of
alt the losses ana penalties which may be
incurred, it would seera that nothing sliort
of the most ineffable stupidity V could
have placed these institutions in their rires-
gox the stock at the; time ajre illegal, yet the
rules ot brokers are paramount to taw. it aJnar-
ty fails to fulfil, he loses bis seat at the Board,
he is ; a proscribed! man, and be is, to all in
tents, so far as business is concerned, put in: Cov
entry. I j I i -,- 1 f "-j I
The Suspensioni-Thi Exchange Bank
of Virginia at Norfolk &as hot suspended
specie payments, ihougl ber braocbea at!
Richmond and Petersbuig have. j
Our dates from New: York are to the
evening of the I5tb; at which time the; City
r I 1 ? 1 . 1 .
Dan continueq paving specie, t here n ad
been no run upon themj norwas any anti-1
cipated. 1 i ; , j "Ii I i
The Banks in Boston have not suspend
ed; nor have those! in Trenton, New
ey- :-. 'ii i if!
In Providence, R. I. they have temp
cm .cuuuiMvii j j uai iuey must oe re lev
ed from it, nobody doubts ; and ' if an im
mediate call of the legislature be necessary
for the onrDose. the' incnnvninA ami
p?nsejnost be wbmitted to, tor the honor 1 'nd Boslon Bank stood fiim.
01 the distinguished financiers who! io per
tinaciously resisted and defeated the iLtn
section of the bill which passed the tiouae I auspended.IiyhcAfcuri Virginian
of Delegates. Every body will recollect
bow nobly lhe little : band in the Senate
'checkmated ' on this and other occasions,
ninety or a hundred of the immediate rep
resen talipes of the people. Men! 0
i-ginia when will you begin to think T
JA.
JerM
orar
out-cry against j the Banks; for refusing to
cash their notes when offered for payment.
But the precious fact that; the Treasury of
the Untted plates j also refuses to pay its
8hin-plasters.in specie when presented, is
carefully concealed. j Such is nevertheless
the fact, and it results not from an inability
to redeem, for. the government has been of
late amassing ar lare amount of the precious
metald by forcing this very irredeemable pa
per into tbe market : they have therefore
ample means to meet these notes, if tbey
were so minded: ; But then, what would the
office-holders do for the better currency to
pay their own salines, if it were all paid
out in discharge pf honest debts ? Well
may these favdredi ones chuckle and exult
at tbe suspension of specie payments ; for the
same harvest of profit is offered, which they
enjoyed on this late occasion of stoppage by
tin it with tbe fullest confidence in its superi
ority.
(tuckers' patent for the water wheel and dress
hate been sold for this State, we learn, to Tho
mas Foster & Co. of Mocksville. We wish
them great success in their speculation. It could
m. have fallen into more worthy hands.
Another immense disadvantage resulting from
this unparalelled drought is, the obstruction to
the navigation of our rivers, f b,l the present mo
ment of pecuniary distress fard derangement,
the interior of the conntry baa suffered -greatly
from not being jable to get its products into the
market.! . :;- I i
i .1 I - ; H -7
NORTH CAROLINA ALMANAC.
! i i t
Messrs Turner and Hughes, have com
pleted their North Carolina Almanac, for
the year 1840, a copy of wbjch was presen
ted us t few days since, jit is well exe
cuted ; and besides the matters of an Al-
the hnnlr i Th nnU Viava tlia mr.mrtm f
u oinuvuusy Him is. 1UCT SUSUCUUCtt VU : .
T-, tiit. ila'A. 'j.. '.u. .1. uJing aepreciatea paper, and as
would resume on the 15th, if the New York
The Banks in the inferior of Deli ware, profit of from 5 to 10 per cent
Alary land and Pennsylvania htve generally
persons from each cauntv, to write an address to
the citizens of this district, on tbe subject of the
next Presidential Election.
6th. On motion of Gen. Samuel F. Patterson,
Resolved, That this meeting recommend the
delegates appointed, to meet in Raleigh jin No
vember next, to appoint two Senatorial delegates
from the State of North Carolina, to the Ration
al Convention." ! '
The foregoing resolutions together with the
following one offered by J. P. Caldwell,) Esq.,
were read and passed without a dissenting! voice.
7th. Whereas, it is the right of ihe People to
meet in primary assemblies or bv their chosen
Delegates, to consult on matters of poblip con
cern, and whereas, said assemblies by delegates,
bave been likened to caucuses, and have been
denounced accordingly. Be it therefore resolved
as the sense of this meeting, that we view with
contempt, the charge and the source from whence
11 originates.
On motion of H. P. Poinrfexter, it was molt
ca, tan mtse proceedinrg be published in the
v uig papeis 01 in is stale.- - - .
JAMES WELLBORN. Chm'n
Wm Parkes, a . .
L.G.Joses, i Sauries. .
STATE OF NORTH CAROLINA.
Resolutions of the Grard Jory for the Coun-
A Tilt .
H Vir.
B.
ERRAThC
The Washington papers speak of a 7 Wan
dering Koord " ia that ciiv. 1 There is also a
Wanderiog President somewhere in these Uni-
manac, it contains a great amount of infor-
. mation valuable indeed j when placed in so
D,S 1 ui-Am "L f U ft U ll.ll.Lj r .L m
serves them in all the ordihar. trn.tmn. Mf"u f " P isuiaico ior too ate-
just as wellj ail specie, they can make i clearl ridian K ehf Anyjntmber of copies J of Wilkes, passed at October Superior Court
may oe qaa qi toe rroprietorsr b adaress- -i nu. W . f . . . t
u 't !j - i t I.itesofeed, That we entertain tbe highes
tog them at that place. admiration fuT the talenuJ .inoii8m. and ithi
j ' , ; 1 " j 1 ' cal sagacity of Hekrt Clat of Kentucky, and
r
ted States or was. the last accounts. I ! Re-
tarn, ye weary
rough Patriot.
wanderers home." Greensbo-
IVnnesse-he Legislature of Tennessee
met at Naihvjllejoo the 5th mst. The two
Houses organized and adkmroed. In the Sen-
ate, T. S. Lofe (y. B)
receiving 13 vbtesJ and
10. In tbeftof :R.Jonaa E. Thomas (V. BJ
was elected Speaker : Thomas 43 Sejoman D.
Jacobs (Y$f 32? '
r LJivi' -ot.. i 1 in. 1 . 1 ft he shall receive the nomination bv the Na
j x "fiv rj- a oe rresiaeai tioDai Convention as the Candidate of the Whig
has at length returned rrnm hi Innrr plon. I Part
Hh Rmon pioneering tour. On the oleaaionof his re- 6el? t0 086 a!l ,a,r and hoDorab,e mea?s t0 la'
n..ii. tirowo (Whig) I j. ' yZ . . i 1 . , j sure bis election. h ! -,i
Trn i ""nDgion, an attempt was made 2, Besolved,m.i we approve uf the propose
by the; ofiice' holders to ret ud a procession I ,'00,o nominate in a Convention to be held at
hot the peop'
erefsed to nm out, and the the next Governor, of the State, an"d we pledge
gout of interpretative
the explanation and the
be always reciprocal. I
deavonred, but could net
are seldom synonymous ! :
trtyA.if.cA fitlt hprmi;0 t!
MWUUVWW, wv. ....
adequate ; names, there '
ideas, but few ideas hav
then, necessary to use 1!
the deficiency of single 1
t ! 1.
sesuppueu uy uircuuti
veoience great of such r
because the sense may t
entire from the exam j; I .
to - -J : J
cannot be explained by fv
signified by them have 1
la t inr. ni.f hv n.iratshr:
cannot be described.
When the natuie of
the notion indistinct ar I
in various minds. Tl
notions are conveyed, c
will be ambiguous and
n Inst In SpYicrtrr inh v r
0 ,
are the daughters of ca I
. r-m . - 9
ment of science, and
ideas," &c Pref. lo V
When we advert sen
mind is led at once to t!,
thod of simple and accur
liar and appropriate cs
has been more or less i
School Books as in IV
class Books, Carpenter'
&y . whose ireneral n Li
ed, but cannot be excel!
Orthography and Ortf.c
tion, and 3d. Elucidati
ceptations in connexion
easy reading lesson3 j r
ly arranged.
ISeither Mr. lov;n
more than improve cn 1
in fact, has done no rr.
His scheme of synon ;
pelled him to forego t
Webster's and other ?:
Our object is neitl.rr
Town's labors- far f.
approve his general ' -'
?ive it the prtferecce -
But at the same time 1
I A 1 A 1.(1 MAI. IX f ' . . .
M HrA auu itc tv j
its present separate Lf' ,
vantajres and avoid tl.?
deprecate theorising c:
age of onlimitfd ni3r.i .
i.:ii mnct innlk befera .
of mind in words bey t.:.
is a modern chimera !
ties and faunctions arc .
certain maturity ot c:
to the power of com ;
things and forming c!
dium of tcorif s abstract
are indeed tne ixunr
counters of wise nien '
pends less on age than
strength, commonly c
inline to educe Its L
-i . .
them for any design: 1
education in all its v:
erary scientific trainii .',
pies of which "con? tit'-'
We are not writing a t
few observations stt
conclude With t-ur n"t
maturity of mind rr.-
aion of any 6ubject.
1
t