TO A TPT
I t ! I Ell MV I Ml
MA gvty
?riop JY7. 832.
Tnrhnrouh ( Edgecombe County, N C'J Saturday, Febvuaty 19, 1843
Vol XVlllXo 7-
r.
BY GEORGE HOWARD,
Is published weekly at T wo Dollara and Fifty
Cents per year, if paid in advance -'-or T'iric
Dollars n the expiration of the subscription y;ar.
For an) period less than a year, Twnt if-fire
Cents per month. Subscribers are at liberty t
discontinue at any time, oa 'win-r mtiee thereof
and paying arrears those residing nt a distance,
must invariably pay in advance, or give a respon
sible reference in this vicinity.
Advertisements not excelin a square will
inserted at One Dollar the first insertion, and '2"
cents for every continuance. Fjontxer advertise
ments in like proportion. Court Orders and Ju
dicial advertisements 25 per cent, higher. Ad
"vertisements must be marked the number "f in
sertions required, or they will be continued until
'otherwise ordered and charged accordingly.
Letters addressed to the Kditor must be post
paid or they may not be attended to.
Doctor Glasgow,
TTgKPKt' TFTLLV- in'orois t;e ef
zn- of Ivl.eMMhe an 1 the juiMi
generally, that he has
For the p'Mpiw-of aitond.nir to thedoVe
of his pro!f-ioit; In wleoii S o oN
him-cli i vte til- m:--i rie! aed in.
remitting all ;iti , and ? reiniLt'1
chirf
Ihi'It'l!1
ea'MV ' i!"
t.Ue f i he ! i nto
proie-ion;i
at his ollie-'
,at nis rc-sid
'.- Tarbo-o'
1 1 ; i v. hi- nnv !"Un.i
ei1 he:
OMO' siie the ('it ' I I 'O-'
pc' on Dr. M-.M's l i.
JSotitx.
1D)VA!M) i'. forms he;
the vr he. ihat she ha
' usi received a lr -ii pp'v n' G"ds sum
"'able f r ihe scimiii, vz: llo-.n' l. .!.
Satin, tttbba-.ds F!e-.s, CorN. $
which makes her assortment eooiht
She has also received sn.o new and bean
tilul pallerns lor ln ses. cc.
Tarboro'. Dec 3, 1511.
Stale of .Voitli Cundma,
EDGITOMBE COUNTY.
t Court of Pleas and Quarter Sessions.
Nanny Edwards -v Petition fur re
vs. probate of Si ley
John S. Edwards, Wil Edwards's
liams Kd wards and IVill.
others,
SN this cap nffidavit brinp filed, that
two of lh defendants to wit, John S.
'Edwards and Williams Edwards, are
non residents: Notice i llu iefore hereby
given, to the snid John S. Edwards and
Williams Kdwanl, to he ami appear
at
the next term Of the Court of Plta and
Quarter Sessions to be held for the Coun
ty of Edgecombe, at the C nut ll uso ir
firborou-h, on the fourth Monday i,(
la noron0n, on m
February next .the ad
demur to saul pr , o n o, a u r .h
same; olhenv.s.., vmIM,c t"-P'0 'on-
fesso and beard ex parte. n to thvm.
J SO XO !! FL E E T, Ct'k.
Tarboro.Manuarv 17ih, 1812. 4
Stale of Not Hi Cutoliua,
EDGKCOMBI-: COUNTY.
Superior Court of Equity.
SEPTEMBER THRU, ISM.
Dempsey Taylor. F nel pe Hope, B -Nry
Whitehead, Kinchen Taylor, Alien
Taylor, and Ktrchen Kearney md wife
Mary, p irt of the heio ol tht: late Ren
ben Taylor, pi lis.
vs.
Susan Tavlor and Mariha K. Taylor, in
fan! children of ono Kindred Taylor, a
son of one Jesse Try lor, a brother ol
said Reuben, Jesse Taylor and Dent
and wife Ehzt, whi"h said .lessP and
Eliza are children of the sid J. se, the
brother of said R uhen, Allen House
and others, the brothers and skiers oi
the said Allen and heirs of one Holly
House, a sister of said Reuben whose
nams are unknown, delcn I nts.
Petition for sale of Lands for partition
t T appearing to itV siM'acio.i o! ihe
Court, that the defendants in this ca-e
are not inhabitants of this Si I is
therefore ordered, that publication be
made in the Tarhornugh I'ress for sjv
weeks succ sively, giving them nniice io
appear al tin next term, to lie held fu
said County, at the Co trM House in Tar
boro', on the second Monday in March
nXt, then a:ul tlvre to plead, ae-u-er.
" or demur to the pHiiiun of the p'aintff-;
otherwise it will h : taken pro cnnfessn
and heard ex parte
Test. XOnFLEEl C M E
Tic Tarborou
Turner Hughes'
NOlTfi CJMOLIN.1
ALE1IAC,
I For 1813,
1 Just received an I lor sale at thisOffie
1 a' th? Udeigh prices, viz: 10 cents single
j 75 cents per d-.zen, $3 50 for half a grice
) $6 for a groce, &c. Oct. 1841.
.tj T .ro ?
From the Faypttcville Journal.
CORRESPONDENCE,
Between Louis D. Henry, vvy., the
Xomince of the ncent Democratic
Stole Contention, ttssemhted tt linl
et'xhi ana, the Committee appointed In
injur m him of his Humiliation.
(con 'in tied )
Hank of the UniU'd Stales, renders
he pip -r money system, a dangerous en
iinetotho liberties of the country. With
. s l.n'e e.ipisa!, it can always make the lo
eal Hoiks uhs:-i viei.t to'ii. because- it can
eripph-or crush ibem at its pleasure. As
a lend r or head, it can oi inisi: the Hank-'
into a iee; dar army, ;rrisoned every
where ihroii'u the ifni'.ed States, and rea
dy to act -ismte holy, whenever there is a
necessity ; corn'.viiiiijr with thes.' all thai
mimcr-His chs of men in our Towns and
'ities. who d p iid uj)on ti e Hanks for
t heir business and daily bread. This val
money power drilled and disciplined lor
yeai s, concoct mg its plans in see re! conclaves
ni..kin; money plenty or scarce prices
high or low the value of all property un
certain united with a lare political party
the wh ile sMmul i'ed and dt fended by a
well pair! corps ;f E liiors and Orators.
must he attended 'with danger, and must
Jill wit h (ipprchcusitjti the heart oj the
patriot. It. will be recollected that the
his have C!;era!ly had the direc'.ion of
the Banks, during the wh le period of out
monetary embarrassments that they have
used and abused them to suit their party
purpo es that the U S. Hank was used as
the especial engine of that party to influ
ence the elections, ihe press and legislative
bodies ihat Mr. ('lay and Mr. Webster
and the leading Vhir orators and nresses
throughout the country, have for the last
ten years, been recommending, encourag
ing and defending this Bank, and above
all, stimulating its ruthless attacks upon the
Democratic administrations of General
Jackson and Martin Van Buren, because
of their opposition to its recharter. It will
also be recollected, that, the course of the
Whig parly during those administrations,
was, opposition to every measure right or
wrong. Condemning evert thing and
'proposing nothing. In.stead of employ
ing their talents like patriots, to aid the
Government, in promoting the welfare of
n-e people, they concentraieo all meir e
n nci in lhe most powcrfui elr)rts
J t0 c Uie u,uels of Government, and
ip q Thu
cn)ritslotl (llld districting ,
booing b v confusion and distraction, to
triumnh as a party, by layimr the Govern -
mcnt nalsied and disgraced "al their feet.
On this Whig pauty, through its lead -
Ei:S, AND THE BANKING SysTEM THEN,
MCST It EST, THE K .' SPONSI BILITY OF T If K
disi-uesses and em u a un assm knt that
have fallen upon the Federal Govern
rneni, the Stales, and lhe People
This histury of Ihe U. S. Bank establish
es the i roposiiion 1 set out to prove: 1st,
That it never did furnish a uniform curren
cy of fixe I va'ue. 2d, That it never did
regulate the exchanges; on the contrary
tnat it deranged both, during the twenty
years of its cnarter, save about the years
1830, '31 and '32, when it was dispensing
favrsto purchase a recharter. The coun
try then, had jut come out, of a ten years
vsiege of Bank contraction, and like thirsty
ground, absorbed freely the first showers
of rain; true however to the instincts of
the p per system, the Bank showered too
copiously, and finally drowned the crop of
apparent prosperity which had sprung up
under its influence. 3d, That the Federal
Treasury may be mnnag d without a Bank,
as was proyed during tire administration of
Mr. Van Buren, when the Secretary ol
lire I reusury, Mr. Woodbury, conducted
its affairs skillfully, through a period of the
greatest embarrassment, at a time the
Banks had suspended, and were withhold
ing about 30 millions of the Government
mone). 4ih, i hat. such a Bank is a dan
gerous engine of political power.
fire tirsi anil greatest error was in de
parting from the standard of a sound me
tatlic currency. The p ople, by the Fed
era! Constitoiion, entrusted that to Con
gress but Cougies.un an evil hour gave
dl power to the Bank. The Constitution
said it should be gold and silver the Bank
said it should be paper. The Federal Go
vernment may coin money but the Banks
drive it out of the country by issuing their
paper, and when it is gone the paper is
worthless.
Ours is a hard money Government, s
said Mr. Jefferson, so said the venerable
Mr. Macon, and so said the great Federal
vV hig oracle, Mr. Webster, in his epeech-
! es in Congress in the year 1816. I here
l'ioie worn rnem:
IV Nation had a better currency than
the United States. There was no nation
which bad guarded its currency with more
care; lor the framers of the Constitution,
and those who bad enacted he early stat
utes on the subject were hard money men.
They had felt and duly appreciated the e
vi!s of a paper medium; they therefore se
dulously guarded the currency of the Uni
ted Stares from debasement. The legal
currency of the United States was gold and
silver coin: this was a subject in regard to
which Congress had run into no follv.
Gold and silver currency was the law of
the land at home, and the law of the world
abroad; there could, in the present condi
tion of the world, be no other currency.
A gain, speaking of the character of the
piper currency, he sjys:
'Of all the contrivances for cheating the
laboring classes of mankind, none issoeffec
t ial as that which deludes them with piper
money. It is the most perfect expedient
ever invented for fertilizing the rich man's
fields by the sweat of the poor man's brow.
Ordinary tyranny, oppression, excessive
taxation, these bear lightly on the happi
oess ot the community, compared with
fraudulent currencies, and the robberies
committed by depreciated piper. Our
ow.i history has recorded, for our instruc
tion, enough, and more than enough, of
the demoralizing tendency, the injustice
and intolerable oppression on the virtuous
and well disposed, of a degraded paper cur
rency, authorized by law, or in any way
countenanced by Government."
No language of mine could give force or
impression to this vivid picture of the evils
ol a paper system. In candor, 1 admit,
that ali parties have at times been in error
on this subject. Hut the Whig leaders have
adhered to the system in spite of experience,
giint the lights of the age, &. adopted it,
to rule the country. The system must be
kk formed. Its frequent and violent fluc
tuations, are not only ruinous to all regular
industry and enterprise, lo the trade and
business of the country but it engenders
pride, luxury, extravagance, frauds and
villainies of the worst kind
It threatens
in fine, to undermine the social fabric of
private morals and of public virtue.
The Banks must be made to redeem
their notes, because the law and public
faith demand it, because it will reduce the
exchanges, which, like the Tariff, operates
as a heavy tax upon the people of this
State, and because it will revive trade by
imparting confidence to business transac
lions. An argument 1 know is sometime
used by Bank partisans, like this: that if
you compel the Banks lo redeem their
notes, they will distress the people by
Y" '6 - . .
; argument is bo false and insulting to a
''people. It is false, because, the Banks
always the first to take the alarm, to be-
ithe pressure,-and they keep it up any
pressing the collection of their debts. This
I M1 the pressure, and tney tceep u up any
! 'tot0 aiul al a ,,me wncn the people can
1 11 "ar il- II s insulting, because it is
!8 li"eal of lhe creature to the creator, of
thc servant to his master. Again, why
siu.-uld a maioritv of the peonle, and the
I w,,ole business ol the couni ry , oe taxed and
j suspended because, a minority may be in-
debted to the B inks? It is an ar gument,
that will justify the Banks, in forming a
confederacy, oi perpetual suspension. A
familiar example wii I show the people, how
they are taxed by a depreciated paper cur
rency: BANK TAX AND TARIFF TAX
On I yard of cloth which costs in En
gland, $2 00
Estimated charges of shipment to
New York, freight, insurance, ex
change, 10 per cent,
20
2 20
44
Duty at 20 per cent..
2 64
66
3 30
16 J
Importer's and Jobber's profit, say
25 per cent.,
Discount on North Carolina money,
5 per cent.
3 46
S6
N. Carolina Merchant's profit say
25 per cent.
Cost to Farmer
84 33
The Tariff tax is m $0 44
New York merchant's profit on same 11
Discount on N. Carolina money 16
N. Carolina merchant's profit on same 18
89i
Trui, the consumer pays eighty-nine
and a half cents Hank and Tariff tax, upon
the small sum of tyvo dollars. Now the
tax upon land is six cents upon every
hundred dollars value thereof." But, ac
cording to the above table, the amount of
tax we pay by an irredeemable paper cur-
ren v and the Tar AT is about S15 up m ev
ery hundred dollars of value, of the neces
saries of life, imported and coiisunvd b
ii. i c . i . ..-. .
un peop.e oi mis iate. I ins is enormous
and ruinous at a time when the farmer
gets bin 2?4 fjr his pork, and the mechanics
and laboring classes can scarcely find em
ployment. To make this subject more
plain; We all know that our imports are
purchased with our exoorls. Wneoever.
from bar! crops, or other causes, the former
are larger than the latter, we gt in debt to
New York, or the place from wnenoe we
import. I his debt is called the balance of
trade, which is then aiinsl us O.ir nnlir
means lo pry this debt 'is by sp-cie or pa
per. It ve ha. I thesoecie. which, l real.
exchange, it could be transported at an ex
pense ol about one halt ot one p-r cent
but the Banks drive out the specie, or lock
it up, and !av , you S0rll take their paper
promises. 1 hose paper promises, will on
ly be received abroa I, at a discount of 5 or
6 per cent; and thus we are taxed, 5 12
per cent, by a depreciated paper currency;
wnich could be saved or avoided by a cur
rency, truly based on specie. Precisely
ill th .'S.imj degree tnat Burk piper depre
crates, the taxes upon the community in
crease on the consumption of the necessaries
of life, imported. The people too, are lit
tle aware, of the tremendous danger, which
is constantly impending over them, from
the liability of the present p'iper system.
io a sudden explosion. Ihe Bank no'es
now circulating among the people through
the State, 1 estimate to amjuut to between
three and four milium Suppose the
Banks, 6 or 7 in nu.nbir, which issued
these noies, were to fall, caused either by
fire, a public enemy, rob )jry, bad minage-
ment, or any other ca isi; in one moment,
as if by a blast from Heaven, the Bank I
notes in every body's hands, would be
worthless. Had specie b en in the pock
els of the people, instead of these notes,
this calamity never could have befallen
them. Within the last thirty years, it
may be estimated, that three or four hun
dred Banks have failed indebted by their
notes to the people, who held them, two or
three hundred millions; here was a loss of
so much of the labor of the country of
capital, lorever sunk, and which is now
fell, in the distresses of the country. A
gain, estimate the Bank notes in circulation
in this State, to the four millions of dollars;
the loss of this, at 5 1-2 per cent for depre
ciation, would be two hundred and twenty
thousand dollars. This is an annual tax
upon the people of the State, although in
such an indirect and insidious form, that
they do not perceive it, and is nearly three
times greater than they pay to support the
State Government.
On the subject of the Banks, speak
right out, I mean not to alarm, or unneces
sarily excite popular clamor, for I respect
the understanding and viriiieofthe people;
but 1 do mean, (like an honest physi
cian,) not to play tire quack, by deceiving
the people, but, to open the sore, to lay
bare to their eyes the rottenness within, as
the ordy way to roose the public mind to
searcn out me true remeuy. i ney wiv!
. ...... . .r . ; .... . i
cry out there is danger in this, want tne
nerve to meet the crisis are interested to
perpetuate the evil, or lack continence in
the hard sense and honest hearts of theuin' theT S5ve llie P"b''c lands to British
people to redress themselves. The people
,ave thus far shown themselves adeq Kite
to everv emerfrencv. In conauerir.ff iheir
liberties from England in founding ihe(Kiv,Vto t,la5 c,as" which has br en the most
Federal Constitution, the palladium of the
Union in establishing commercial and di
plomatic relations with the world in
planting States and Territories and man
aging the complicated interests and machi
nery of a vast Empire.
I am for no rash measures; but for sober
and thorough reform-, for a system which
will diffuse specie throughout the country
to meet all the smaller exchanges of busi
ness, and redeemable paper, to meet the
larger exchanges. This system to be pla
ced under the most rigid restrictions and
responsibilities. Then, should losses oc
cur from Banks, they will fall upon the
richer classes of society; and the currency
being held fast by a solid specie basis, like
the well anchored ship, will resist the ever
changing current of the winds and waves.
I believe the public mind will settle down
upon this plan at last; but should 1 be mis
taken in these views, am prepared to
surrender my opinion to any better plan,
which will redress the public grievances,
by a reform of the present system. Noth
ing can be worse than the present system.
Every seven or eight years, it sterns to
upset society to mar the best laid plans
to scorn the regular, moral, pober, pursuits
of industry to obliterate the hard earnings
of a long life of sav ing labor, and like the
turnings of the lottery wheel, to reduce
every thing to chance. If we don't begin
reform now, when shall we begin? J say
delay is dangerous. The evil is hourly
striking its poisonous roots deeper and
deeper into the social system.
Having laid the causes of the public dis
tresses and embarrassments at the door of
the paper system, and of the Whig leaders,
who for party purposes, gave efficacy and
inral power to the evil tendencies of the
system; I will next take a short review of
s me of the measures retrenchment and
f'finn so vauntingly promised to the
p-opbt. by this party, in 1840
T'-se ;neiires were hrought forth at
the Extra Session of 1841, and as a whole,
miy be pronounced incongruous, extrava
gant oppressive, and dangerous in their
tendency.
DISTRIBUTION, LOAN BILL, TA
RIFF. They give away the public lmds, which
afforded Hie best s eurity to sust do the pub
lic credit, and t.o eff ct loins on favorable
terms; and then, go into the money market
io borrow twelve millions of dollars; at a
time, when they admitted their f nances
wre embarrassed, the people and the
States in debt, and when universal dis
trust abounded1. It was fatuity'. rash
ness and presumption beyond the power
ofl mguageto describe!! The naurral con
sequence immediately followed the cred
it' of the Government was dishonored-
regular dealers distrusted the financial abil
ity of ihe heads of Government to conduct
the public affiirs her bonds for small sums
of 5500 -were hawked about Wall Street
a the mercy of Shavers and Brokers, and
Mr. Forward the present Secretary of the
Treasury, now states to Congress, that the
Government cannot effect a loan in this
country. The public lands were given by
the States to the Federal Government, to
piy the public debt, and were so pledged,
by a resolution of Congress in 1790, and
they are the most permanent, convenient
and economical security any Government
ould have to sustain. Besides, the Fed
eral Government is charged with the pub'
faith and defences of the whole Union,
it should never therefore have been robbed
of this mait pillar of support.
Public credit is public honor, and
public wealth. To tarnish that credit,
ought to be looked upon as the greatest
crime. It is bringing shame anddishon
or on one's country, and when evil days
come, the distresses of the people are in
creased by the inability of the Govern
ment to alleviate the heavy hand of taxa
tion. flgain, with one hand, they beg for mo-,
ney to replenish the Treasury, with the
other, they lake millions out and give it a
way. Again, they distribute in dona
tions, the people's money, and the next
breath take it back in taxes, yvhich cost
them 10 per cent to collect; making a loss
of one hundred thousand dollars, upon eve
ry million of dollars collected. Jlgain,
they give the public money to pay the
gambling debts of some of the States, in
volved in mad schemes of Internal Im
provement, and tax the people of North
Carolina, on their salt, iron, and sugar, to
replace the amount, jjgain, they distri
bute by one rule, federal numbers, and tax
by another rule, per capita, which makes
the slave holding States, pay the larger
share of ihe taxes, in proportion to ,the
benefit. m'Igain, 1'ke the Pharisees of old,
thry distribute openly to gain favor, and
next secretly and fraudulently take back,
in tythis upon the living otihe people, to
repay their lu pocrital extravagance. A-
! ;,Kers, wno are the nolders ot Mate
J" dmi l,x me laoonng classes, io
! mike lh(1 Treasury whole. Again, they
j p"11 rV,c ou impruucin in geuing
into
debt, and take it back intax'-s, from that
class, which has, the least works the
hardest and fights the battles of the
country.
In tine, the Extra Session ushered into
the world, a monster of legislative i2COi
gruities, so heierogeneous and absurd, so
made up of Clay and brass, that like the,
famed image of Nebuchadnezzar, it will
mark the age which we live. The prepos
terious scheme! of growing rich by bor
rowing, of relieving the people by taxing
them, and of being generous to them by
robbing them of their lands.
(to be concluded in our next.)
Murder. A murder of a most atrocious
character was committed during the last
week in Greene county, upon the body of
Mrs. Penelope Lasiter, of that county.
Our informant states that she was found
dead in her bed early in the morning, with
her feet wrapped up in a blanket, and a sad
iron at her back, with a hole the size of
a pistol ball through her skull, just above
one of her ears. A negro woman belonging
to Mrs. Lassiter, and who lived with her,
states that mistress complained of being
unwell at night, that she wrapped her feet
up in a blanket, put a warm iron to her back
and left her in that condition; and did not
see her again until next morning, when
finding that her mistress was not up, and
tearing she mignt be sick, went into ner
room, and found her in me condition above
stated. Suspicion is busy as to the authors
of this horrible deed, but as yet no clue has
been found which can lead to the discovery
of the infamous perpetrators of this foul act.
Newbern Sped. :-