& "a .sWe-a ..J Hi ,PitjtaiMaBira..v-si ,------ 'trrT!ageg ..'" ' " " " j " ' ' ' ' 1 '.J;.Vi;,7i.-'ifc-:i XI AIjEIGII, II. 0. X713DNESD AY, AUGUST 1G, 1037 VOLSXVIII. K0 34. .:"': ' THOMAS, J." aVEOTAY, ' gpiTOK Aita SuWatrrtatr. '" "'" P"-f ...haeriltfioa Ml aabaerirMa- .nvTfnTieivn p tm (qiMrt (not riceeilinj ID linS this aiaa tvii) t1 n"'ont one dollar; each sub- ' qiMirtrt'. twty-five rent. , try rhrartvrtisrmels of Clerks nd ShsritTi will be eWirjrfd 8S per tent, hrgtiert ami a l. Jucttoo of S.iJ per cent H b mad from the regular priees l.w advertisers by the year. teller to thr E.lilor mutt be post-paid. Tvieutj i)oftra UeYfartU K UNA WAY From lh "ubrilK-r on Monday the 31 tt of July, !0 negror nt Hie liitliiwuir description: A nrp-S) woman, about tfiirtv-nve or forty years ui aire, fcv the aam'd of Kliza she hat a lirht peKmfMra.BratoyttHemmotrtia, peak. quickly, ewtisa smart ad intrlliReat wo- marts jhe Jm been secuitomed to vrsHina; ta Hie; ftUsevSfiS PsVffWf mjl mnuin. niw, , eil Abel a muisiio nqy( urai 11 jvir 01 cal eorrupUon approach's, whtch, unless arrest, he is Ume in bis Ult hand ad is ' "' d by the timely interposition of the people, will eved. Hevis slow m speaktaft with aaill..g' . . . nee. It is expected thatihesi! nrgnies will make t..r Nnrth Carolina, a the woman several rears n.zn rnriaway and vn taken up and put in jail at 4eieln, n i. i-i py Jy uuuw rc- :rl lor their aMreliensio ad delivery to roe, Sear Cberaw. and all reasonable exiiewses.or lor iber oTllem.r ' TH03. G. EIXERBB. Aiiignm f, isSfr -89 The Fayoitenlle Observer, and Raleigh btar bold assumption of high-toned power by their will Rive this advertisement four insertions eauh, constitutional rulers, have awed the people, aod forward their aeeounts to me at ('heaw. i Tj,e great deep" of popular calmness is broken T, , KI.Lt.HHK. up Hjytfrf- JfMl uptn itt fork turf ei LAKtiE 9IAP9 fir a ment, and be "preserved1' but their Of Mississippi aud Alabama, j cfiteiila?n is unalterably fixedbythat pet Showing the Publie and "lodian Lauds. Indi-whfe high prerogative, it i H eternlg ZlaV Keservationi, LaW "Di.frieis, :-Tcw-Bpipv-',rirf,WM'--wW-,rt,',u rit"rcViniT"o:trfiTC'"'1 I fi nlbti KftTTrr'rnTtil (f,,,"JZfL"bln7 be bottom and being tutt surreys and plats in ihe (ieneral Land Ounce, farever." ThTssofllir'rlmi'a cleaily-wtdi--. VaUini(Uh eitvt by E. GitJiis, Oisugbtiman cate that the "crisis of revolution is at hand, in the Gvneoil Land Office. The workings of that revolution may be "blood- F. TALOIt, Bookseller, Vt ashington eitv, lCMJ,ut jt will not, therefore, b less tremen- pt'':1iH;lLrM.?.72:ri l ...or deci.iv.in either the rertabUshment aesoeding to law) iha, above Main, which will - . be found infinitely more eompleie and accurate Complete overthrow of republican uaagea and than any heretofore pubti.d.They - are pub. insUluUona. The people must act in thia gfeat luheil ou- seperate sheets each eonlaining near drama. The ballot box must decide for them Ij ait square feet, and will be found especially must continue and aggravate the present state titvlul and faluable to those interested in the ,f things, or effect radical and univrrial re Undsof ehber Staler as they show every item ol. f0rm , fhe Civernment; which has beea grad lulnrmslion wbh is in the possession of the deplrUngfrom iu primitive puritjr and Watnee.reUi.ve to water eours. .impUeity, until w. have reached that point lines. Indian lands and reservations, land ilia- . v . " , , -triaiai i. and will be found perlestly aeeurate when JU outward form, are utterly impotent to and precise in these point. They eso be seal stay the torrent of usurpation and corruption. . - by aud to any part f the United States, sab- It shall be our chief aim, thent to enlighten tho " jest only to: sin(le letter postage. Price two pple on this suhjo.i. by placing cindid state dollars,' or three copies ot either will be sent merits of the act. of their public acrvanta be by ansa for five' dollsra. A liberal discount fore them to join with them in tbat .tarn re will be made to travelling agents, or to any who buke wbich lhey M, glviag , principle, ff? Editor newspaper., snv whererwho .dverat thoeiUtenco of their Govemment swilf rive the above advertisement (including vindicate our peculiar inatltutlona-to repel, tbiatioiiee) one or two insertion., shall receive with whatever ability we may possess, all ei. .y return mail a eo.iy of each map, il they will temal interference with our domestic condition end a copy of lb. paper eonUiuirg it to the on thia point our opposition to the Abolition 'advertiser. ' i of Slavery, either in the District or in the States, Jr !..' - I will be inflexible firm as the 'seated hills:' to !3rii;.3lBfcirTiW " , ..1 . . 1 f . .....1 By virtue ol two fleet t of Trust, executed ... . - ,k. j ;. .,.,1 ii,- in.,in in Jnbn -Leatti.tto1irr Wr-Sneait and Henry -Or- Knnis one bearing date the Sth of Uetobvr, opement of their resources, physical and Intel llS.i, and the other bearing date the 85th of telloctua! to attach men, if possible, to their January, 117, for eertaioi purposes therein ex- January, mi, lor censim purposes inercin ex- vrr!!eti f "f "d !)', Jie "J"! "0WM to Wtllikm W. Jobntna, will be sold, at the tnrt House i Bmith.d, on the 4ih Monday oi Angurt. inM.m, Il being the S8h day of the "ST-. These suhjecta ahall command our fixed rmtiv-thc following pro(rty: Horaes, hogs attention; and. conscious of tha vast importance and Call tci ' ftiusehold and kitchen furniturat of the principle, here advanced, we shall not de 4w t44ol 'and, one enntinli)(llire bundled "viatelrom them, whatever the wayward tenden awl twenty and a half acres, lying within 8 or ey of the Jimes, or the mad spirit of party dero . miles of the town of SmithBeld, and, the other eion TOay eflbct in the political world or yield T eontaining eight hundred and eiKht and a half ouf influellce however small, to the promotion ere,, lying on Mill Creek, adjoining the land. f , f .meature,J of Jobs r.axin ami other.. Also sixteen lots In . , , . .. , . . .... the town of SmUI.neld.inelud.ng the lot where-' Our Journal shall be just what tU nam. pur on the uid Howell lives, on wbieb is a large porta. Like the variegating 'Kaletdotctpe, twb'sioi7 dweninjrrwllK 'a'ltH other necessary building., and two large and traction of Oxford and, like true 'Repub com mod ion. More -house, and ware bouse. A I- ncaH jla columns shall be ever op?n, as a me S!!rlfc!5? twtw"1 w "T'T1' dium tfSfounh which 8dorprlhclpIeiThart U terms oTsat. will be rtt)WirJiwjlSfl;ft ..ylMlt., .Rrraom irwMfailaUPl 'k.j i.,ilu.ju. .hnliniteJ. fiom It-th. "itrin. ai tend, as ibe property is valuable, and a Sale will be ee.tain to take place. JOHN T. POWF.LL, ' ' HOHT. W. KNEAD, . " JAMES T. LEACH, Adm. F. JOHN LEACH, ' " V WM. W. JOHNSOV. August 5lh, UST. v 33 4w t State of North Carolina, Sicritabt or STATx'aOrrici, Aiijf.6, 1837. TO EJfTKTT.iKEHS AJtD CLERKS. ' ft I. made the duty of all entry-takers of f at lands in thia Siatt to make annual returns , of llie eMriermidirli .Secretary ot State, under a " natty of two hnn I red dollar.) and as I lie Lt-gisiature will not convene lb ensun.g tall, this uotioe is given tbat , oeli entry-lakers as resMteal a iliuance from . -the seat of Government taiav avail ihemselvesof the opportunity of Inrwanhng their returns by the sheriff., who will shortly attend for the par- to.e of sealing their puhlie aeeounts. The lerks of the several County Courts are re- j nested to give thenaows of the entry-taken to then- rtipeetie counties, and the names of their f; aeenriliet, In their annual returns to the Cenip- -troller, as required by law, that judgment , may , b taken aeainvt such of the entry-takers a. fad 16 make returns Ti Sue time " . . ""7. . 1 , V M. 1MLU, Sec'lg iiate. : -v , .4 . . : , S3 Sw ' " PROPOSALS . " Tor publishing in the Town of Ox re an, N. . w a Weekly Newspaper, to be entitled tha OXFORD KALEIDOSCOPE, -,. . Sonthcrn ItepnbUcan. 'Jm...i...i:....)wiii mil Hi i 'Km' i ' . BT WILLIAM W. HOLDE.T. t- l .it I 1 il. t... ... Wlbt strictly guided by th following principle- mm kaaM at aw a-MnJ - iwijiiu HiTui mm lira g smi miiiriivciwii , "sU-rejrulated freedom, demanding whatever ' DrrZJ of support we may possess: ' ' - A strict eonatraction of, and rigid ad. berenee to the Constitution (be exercise of ex ' ""P11 m doubtful powen. r . The sovereignty of the peopl Wth. Political power the sovereignty of Ha Jtatet-in yes tad wuhggpowty not dlfga tad to the Federal Government equal and aclf govaraing parties to the compact which form our glorious Union -; 3. The authority of the Federal Govern- are deCnilcly delegated to it 4. A rigid economy in the administration of Government, which waa instituted for the bene fit of the whale people, and not for the aggran ditpmeat of thote entrusted with ita naanaga menu. 5. The exerctae of the elective franchiae by all claMee of our citizen, without the interfer ence of the ofTicera of oemment, or tha cou laminating influence of CaQcuaea. 6. Free trade, od the freedom of industry, and opposed to a protective tariff, believed to be unconMttutionali unequal, Unjust and oppreaa ive. 7. We will advocate any ay stem, which aahll appear practicable, to improve tliep hyai cal condition of North Carolina, and to develope hrr iuterual resource). And knowing full well that the diffusion of Education amongst all clasites of our citizens, will prove one of the strongest bulwark) of our Iree institutions, we will advocate any system which promises to ef fect that object W'liiUt we will ever have too much self-respect to descend to low and vulgar abuse, we will apeak of public men and public measures with perfect freedom. Our honent convictions and deliberate. opinions, we will bold; pro- rruilirc at alt hazards. e Deueve mat a crisis nasarnvea pregnant mar.i .1. , gaiaenng-anrunu us, anu lire uuou ui pouc their country. Already nave the righta of the State been contemned the sacred vail-of the Constitution rent in twain the capacity and rigui 01 me people 10 select ine men tor wnom ti,.y Kr to vote, derided and trampled in the .1,,., l .L. Inn,..-,. .rpn.;j.t:.i ln,i n.n. f wi" "tingui.hed, and thi hope. of the patriot destroyed forever! This deaecra- 4ion of tliair most sacred immunities and this guuihcd from a consolidating adminisuauon of the national affairs, and the disorders ofThe Central Government to direct the public view towafda-a-lwmofolicy-of the- States tho deveV birth-place, and render them ctUxent instead of adventurer. ail speculators and to re-animate . , . . ., . , , P" ' PP- birth-place, and render them citizen instead of the Xulliflor must receive no diminution the fidelity nf the Unionist no reproach." ' ,. With this exhibition of our plans of future ac tion, we confidently confide in the liberal puh lie spirit of the citizens of Granville, and of the whole South.'-Judge us but first know our merits. , Trrmt Three dollars per annum, if paid on the reception of the first number $3 50 if not ps id", till the end of the year. Letter, may be addresed, at present, ptit-paid, to the editor at Raleigh, or to J. M. Wiggins, Esq., al Oxford. Editors will please publish, j . " ITT'I 'I ' i ii , ii 1 1 Books Lost or miscarried. Some lime In Marsh Ust, a bundle of tieoks waa left at Guion'a Hotel for 'he Norther Stage, which bundle has either been lost "Or missent, so that it ha. wot reaehed ita direction. Any intormalioii given the subscriber, at ttan som'a Bridge P. O. or Turner ts Hughes, Ra leigh, will be thankfully received. The Handle bore the following direction. .M. S. Garrett, Rannm'i B-tdtre, JViuh County, care Dr. Gray Sill, etrd,JV. C. via. lAuitburr- -M. It. t..RRETT. Raleigh Standard 3t. Augost , 1137. Jw CANDLES AMD OIL. - ' Superior Sperm and Tallow CJYDLES, Lamp, Whale and Linseed OIL, Just receiv ed and for aale hv ' WILUAMS It HAYWOOD. , SWAIJI'S PANACEA, Juit received, and for tale by WILLIAMS k HAYWOOD.' April 83. , 19 tf Gen Jackson told Mr. Duane thai ".i Stale Hank agency mutt be put in operation to $how, thai the United biates Bank is not ne cwarufK and "the party" now tell as that we must create ft Treasury agency to show that the State Banu are not necesiary. We have not een more striking pe.ciujcn . of COXIIITSJTCT. Reply to the Address of the Roles- - rule Committee. COUNTV. Fellow Citizrns: We have just seen in address to you, published under the signatures of Allen Rogers, the elder, and others, on the Congressional election. It is an artful and uncandtd attempt to im pose upon the public credulity, and was known to be so by the writer, vhaterer may have been the notions of the "plain men" whose names are ap pended to it; and therefore its publica tion was reserved until a time so near to the election, in the hope that now, as on former occasions, an uncontra dicted misrepresentation might have all the effect of truth and reason. Mark, fellow citizens, that these gen tlemen who have kindly undertaken the charge of your understandings and the direction of- your votes, have, at this late period, come forth fur the first time with their communication. Why have they delayed it? If their address was important, and capable of bearing investigation, why was it not sooner Annnttnnitir sa flFtt! (wl 4 rv trnn r.illsw t.tl opportunity afforded to you fully to near ooin siuesr ro gnou or nonesi moti v cn be a8tgn4 fwtlilelay They intended to lake you by surprise, and prevent the possibility of opposing truth to falsehood. In this they may to a certain extent sucreed) yet it- is hoped that some remarks upon" this production may yet reach you inTiine to prevent the full success of this stu died effort to deceive. - The writer of this- address sets out by making up a false issue, to wit: that the question now is between the Bank on one side, and fie people on the oth er. This, fellow citizens, is not at all the question of this period. The true questipnjs, whether erned by the judgment of Congress or the-ithlgmentof4hojj:esi(lent wheth-Ury er the people are to be ruled by their . r ... . ...1.&U.A la. . I .1 I A I I I own representatives or by the mere will of the Executive? The question as to t Bank is indetd important, as it deeply, affects the prosperity of the country; but it derives its highest im portance from the manner in which the National Bank was assailed by execu tive power in defiance of the represen tatives of the people. You all remem ber that in the session of Congress of 1831, a bill passed by a large majority farrxexharteriog: President refused to let it become a law. Again, Congress passed a reso lution declaring that the National Bank was a i safe depository for the public money. What did the President? So soon as Congress adjourned, he caused the public money to be removed from this place of safe deposite. and put it into such State Banks as he chose, & upon such terms as he chose. Again boausedaTmsu ryJOrderfo Issued requiring specie to be paitT fortlie ptir-" chase of-public landg whiU4iher dues of the government were left to be paid in banknotes. Was this right? was it fair and equitable? It was not right, because it was an abuse of power by the President. It was not fair and e quitable, because no reason can be gi ven why an importing merchant in New York should be allowedjo pay in Bank notes, while an emigrant or now settler, removing tq the west, and de siring to get a home for his children, shttuld be required to pay in specie. All debtors of they government ought to sUndonaneqflaJiojiting;but.jf any. difference is to be made, surely a far mer iaboaret onghotto be sub.nfejflf c rTratert)f the lected to the ha rdesttermsof paymen t Arercmnt-ew- orkor-Baltt-more, or New Orleans, might without much difficulty procure the specie to pay his duties from the City Banks; but where is an emigrant to the far west to get the specie? or, if hs had it, howTs it to be transported? This order was therefore wrong in itself, as it was unjust and partial in its operation; and Congress, feeling it to be so, at the last session, passed a resolution to repeal it, and to provide especTalty thatnodisiximinaliojia should be made, but that the kind of money received from one class of debt ors should be received from all.' This resolution was drawn,9 supported and carried, not by men in opposition to the administration, but by itt support ers. What was the result? The Pres ident neither gave nor refused his as sent to it; but to borrow an expression used at the- timeIquieUy-!?put itin his pocket." And so this unjust and out rageous Treasury Order remained in force by the mere will of the Presi dent, though more than two thirds of both houses ot Congress had passed a resolution to repeal it The main ques tion, therefore, now is, shall this gov eminent be one of the peP! by their repwsenUttTeoF6r.Thr Presi dents, in spite of the people and their representatives? Fellow citizens, can you doubt on this question? , , V : But what have been the consequen ces of this course of measures on the part of the President? The public mo ney removed by him from the Bank of we uniieu states, wnere oy ,iaw u should have been deposited, and where Congress said it was safe: this money "'.'' ...'r where is it? ' Where it teat perhaps might be told, scattered amongst a bun1 dred Banks established by the states, over which Congress cannot exercise inyttfntr one tan conjecture. All, yea, every one of . these Banks have suspended Specie payments, and the government cannot command a dollar of their pub- lie funds; and millions of it, no doubt, are lost forever. The money was ta ken from a safe Bank, al ways prepared to pat it where and howllie public is terest required, ami placed with those who, whether they keep it aniy-or not. certainir oar u nenner wnere nor how the public requires. Fellow citizens, one thing is cer tain: eight years ago, w5 had the best currency in the world our bank notes were as good as gold, and paid ever wherein specie. We were prospe rous, and the business of life was eve ry where transacted with ease and ad- antage. How are we nowf fcvery taple commodity is down in price; all the Banks in the country have sus pended specie payments, and there is a rreneral and severe pressure on an severe pressure the money and business transactions v - - it a? this state of things? We say the ex ecutive tamperings with the currency t he rjonrse ot mgh hnn d ed measures to whicn we have alluded, is one of the most influential causes. The writer of the address tells you the want of a national Bank did not cause' the fall in the price of Cotton, for the cotton fell in loaj, irom xo cents to 12, wnen we had a national Bank. Now, no body suppose -that the want of the I5anK directly caused ttie -fan -tn the price of Cotton. But why hasjhe tall in the price of that article induced now a general suspension of specie payments? In 1825, cotton fe I, and some suffer ing was the consequence; out our banki. did jioL.stop4)a ymentgj there! was no general pressure; and thecoun rnsrd gafflyjhrnii igh the uiincul - " - . .. . ' a . tv. hv. then, does this cenerai sus pension follow the fall in the price of cotton now? The answer is plain. Irt 1 825, we had a national Bank; the lo cal Banks were regulated and kept in bounds by it. We had a currency which was sound, because limited to the demands of the country, and be . a .a .t a .. I ing prepared lor tne shock, we with stood it easily. Now, we have no Na tional Bank, but an enormous increase of local banks and vast issues' of pa per money f-and when a. storm falls upon us, like -a shp with more sails than ballast, we are obliged to upset Fellow Citizens, at the ensuing ses sion of Congress, the public distress must command attention some meas ure of relief must be brought forward. an attempt must be made to give us a remedy for the present, and some safe guard for the future. eOne measure proposed.Js.tlLeeitaWis on a nroner foundation, and with lust and careful restrictions, of a National Bank7 undertne What-are the advantages ol such measure, looking to experience, which all admit to be a safe guide? - Recol lect, the question is not between a hard monev currency and bank notes. The currency of this country is fiecessari ly a currency of bank notes; for as all the states nave tne power 10 estauiisn Banks, Congress cannot prevent it. The question i, which is best, a cir culation composed altogether of the notes of local banks established in So different States, without any national currency or-natnal..outrU..prJto national, .control, h an, o.0n0ral hank, under tlio con- otlters, afi'ff "to"Teep" tKein wTthiii pro per6undsTVifArMnktheHatteri8 shewn to be the best course bv exne nence. How shewn? Attend to the facts, facts which no parti zan of Van Buren has yet dared to deny, wmie ihefirst Bank of the UnitetT States was in operation, our whole circulation was sound all banks redeemed their notes in specie. The chatter of that Bank expired in 1811, and' within a year after, all the Banks south of Bos ton stopped specie payments, and be- fore long weJiiad-J)ank notes at a dia- countof from 10 to 20 and even 40 per cent . The second bank was in consequence established, amf was re commended by the. late President Madisow as the only means of restor ing the currency. In a few years, it succeeded in bringing the general cur rency into a sound state and during tne latter years 01 its existence, an the banks everywhere redeemed their notes in specie. vveu, us cnaner lately expired, and what follows? An universal stonnaee of necie nsrments. Let it be remembered, that neither the first nor the second National Bank ever refused to pay specie, but always re deemed their ootes promptly, on their being presented. As then, whenever we jhayer had a National Bank," 'our currency has"'. been sound; and. when ever we have been . without one, the currency has become disordered and unsound, and as our National Bank never in a single inslancefref used spe cie payments, therefore we think, if we had a National Bank re-establish ed, we shall again have a sound cur rency just as a man who, has often seen a cloud from the south-west bring ex pects the rain.. Ii there any reason to be offered a- gainst such a bankf i lie writer ol the sons; but feeling that they would hard ly bear examination, he commences by an enueavor 10 excite pFejuutce in sinuating that those citizens who wish a national uank are under what tie calls "Hank Influence" that some sort of personal interest,' distinct from their concerning the general- goodT4i-j recti ineir conuuet, anu giving mem the appellation of "Bank . Whigs." Fellow-citizens, why is this poor and dismgenuons course resorted to? to serve good purposes? No, but for the accomplishment of the very worst. Who, let us ask, recommended the es- tablifchment of the first United Mates Bank? Oeoiigb' WashixgtOx. Who recommended the establishment of the last? James Madison. Were these men "Bank Whigs? were they cor rupt? were they under the influence of personal motives,, and against their country? Are we to be sneered at, and gross insinuations thrown out a- rainsrus, because we- Bupport -what Were they less worthy leaders, or did ther do less for their country than Atartin.Vaa j3nrenU." ... But it is said a National Bunk is dangerous to public liberty. We ask, is it likely that Washington, fresh from the glorious toils of our revolu tionarr struszle. in .which he had so Tfreely hazarded' lile n:id whatwat to him dearer than life, for the sole pur poses of securing public liberty is it likely that he would have recommend ed to Congress To estatilistrs "Baik to put clown public liberty ? How was it with Madison ? ' He lived to see the first National Bunk in operation for twenty years ; and in this tinie, if its tendency had been adverse to public tibertyrwiiutd7hrmrit haTe-riisfeoverd it? Surely be would. And do you I believe that he, knowingarJsuapi?tuing jt to be dangerous to the liberty of his country, would have recommended the establishment of a second National Bank ? Assuredly ho would not. Without any disrespect for the names appended to the Address, we may ven ture to say that Washington or Madt- -son'had either of themju much intelli gence to discern, and as much desire to promote the honor and wellare of their country, as either the writer or signers of the Address, It is said, however, that t!ieTateT3?nt made, war upon "the late President. This assertion is untrue 1 and, either the writer of the address must be sad ly ignorant, or wretchedly indifferent to the truth, to make it. The Presi dent in fact, made the war upon the Bank all that the bank did whs to de- lend itself ; and. we hope,' however much the powers of the nation may have been -of 4a te centering in tliiiPr es - identrasycthffeattestnd-rooreitt citizen-4a-a-4right-io..jleft;nd..iiim8elf when attacked, although the assailant should be the President. Surety, we are not required to lie down tamely and ha kicked, insulted and robbed by the minions of the Executive ; surely we may turn upon them and carry on a defensive war. " "" t - Again, it is said loathe addresif that the Bank borrowed nioney 'to strength en itself for a conflict with the people.' This assertion is unjust and untrue, and was no doubt knowfl to be so when it was made. The Bank never had and never contemplated a conflict with the people. "No i proof U 'offered prcan be produced for the assertionrantLit if fairly to be ranked undrthehead of electioermg rUUcutio8-i -- an never did refuse to submit to an inves tigation of its conduct by a committee of Congress. It refused -to put its books into the possession of the Com mittee and to permit an enquiry not authorised by its charter orihe resol u tion of Congress, but got up by certain members of the Committee for par ty purposes. The proof that the Bank was right and the majority of the Com mittee was wrong is found in this, that the Committee reported to the House oTIteprtsrntatmi bank; and if the Committee was right, the House ought to have declared the Bank in contempt, which the House did not do. . But it is said you cannot restrict s National Bank; because y6u cannot restrict the State Banks, which have all refused to pay specie. Now, this argumeptjs JIotally fallacious. The facts prove the direct contrary. The State Banks refuse to pay specie in defiance of their charters, but this the National Bank never did. That Bank redeemed - its notes in -Specie, in all placet and at all times. Therefore it is shown that Cohgress cannot regu - .1 it., n ..! - late the State Banks, but it can regu late a National Bank." But yoif Af ak- . L ... . '. - -..ui- t. - " r..i. eo 11 you win evnuiisn a new, una, iu cure, the evil of too much banking?, Yes, we answer to the profound and sa niantenauirer. we would, if establish ¬ ing a new ban jr. will have the effect of making banking less. , It we had, .m . . . . . North Carolina, Bank in every coun ty established by the county Courts & filling the State with notes of small circulation aod little credit; 10 tbat rain, when he sees again a cloud tha holders could not pass them twr n-. ty milies from the location of the Bank; would it not be wise " to 1 establish" a " Bank for the state at ' large under the . these paltry rags out of circulation and give us notes that would pass eve ry where? Now this i prerisrlj the ttuestion as to a National Bankt for since it was known that the bank would" not be- rechartered, hundreds of local banks have been created, and hundreds f millions of paper putincirculation- These banks would never have had an existence if the National Bank had continued. Besides, the State Banks are now the only regulators of-the cur rency,.and they dj their business bad ly. Prar, let us ask, if a man had a large buainesa to .carry on, and had a number of hands whom he found too ig-' norant or negligent, would it not b; wise to employ a suitable superintend ent to instruct the ignorant, to quicken the siothlul, and to -discharge those who would not 011 rny terms"do theie. duty? So far i it from being true that the late Bank could not be restricted by law that no instance cau Jbe shewn ; in which th Bank ever-even violated to the puhTTciu'lyf and cheerfully, id efficiently. It received all the reve-ouu-uf tk-Ult.'d .Suteakcpt it;ifti..... ly, and traiispiirlediliejnjjids to eVi'ry part ol the rountry where the govern ment required thein, without delay, without ono Uiillar's loss to I he nation. If did this alwsys and without a single J.:....t -.! 1 i r 1 . lea' Van Buren's pet banks? We all know it cannot. Asain.it Is said in the Addrfss, that fhe ;wBan'lrtedmnr'C'crnTeBi'Tnirr formly condemn-their own country." we suppose that according to the u.- sage of the Van Biiren presses, by Bank eaders the Address means, such mem bers of Congress as think ' a National ' Bank s "ou Idf he"estabtrtiTdr"Nc i w "the"-" assertion that these men condemn their -lUiuntry, la wholly f:ilni art'l without ' foundation. What are the cae cited ; by the Address ? The President re commended hostile' measures against France. Congress with an unanimity almost unparraljeily refused to sanction us recomtnentlatjon. lhis relusal waa concurred in by men of alt political opinions, those opposed to the Bank- and tljose. in favor of it those who in getietal supported the President, and s ' those who opposed him. ' According to the Address, the whole hotly ofCon- reis'ictihdem n ' " thelir- triiUry.fi.B'ut what is meant by ; condemning ! our country ? In the Address, to oppose1 the ri-eitiuen is to condemn your coun try to djffer fitim liiin is, in a fnem- " ber of Congress, a want of loyalty and so we arc fast coming to the enor mous assumption of the trench Kmpe. ror, that e was the only representa tive ol tne people" and to the tng- .!b.iogmjiljiliitt the Kinj: can do no WTtm-s CnimTarffe-rnatorrtT"! 'JCongresa- refuseil -o aanrtion warlike ;'. measures,' against either . France or Mexico ; but the country, the natioe was with them. ; It was no party vote l)Bt the general exprcsMOfi of public opinion in Congress, sustained by the people at large, trf which nothing wasMp , opposed hut the will of the President, "" The Address says.that it is not meant ;.. . to charge corruption- it is not meant ' that our distinguished men are bribed. No, the writer of the Address did not mean to charge corruption, to toy the. e was bribery. Suih a charge, such an assertion, he knew, wosld.havs been . false t-.hat rtea h not vrtawKar what- ie doeanoeAr ?1. l)o';s h? fipt seejg; to make-you- wferrrwhafc-he-loes Tiot say f. wd ,i It leM'erireinai te insin. uate lawehood than , to charge iti1o i: fritter away the fair, and honorable character of nnothcr, by calumnious . hints than boltlly to assail it by direct assertion. But notice.7 Fwlow Citi- zens,such-orrupliof48not;hargerf the writeradmits that these distinguish, ed men are honest in their cpiniuns pray, arc they not as likely to he in'' : 1 "i . ... p .. . 1 1 ' teiiigent as tne signers 01 trie AUiiressr Judging of the future from the rAst, what are you to hope 'from ' the part r, nnw-irroWeTtSeTen yeart -sp we were told wejiad not a good currency and irTustliave"iLetter that bank' i notes payable at pleasure in specie waa not a constitutional currency, and that we must have hard nfoney., To accomplish- this, measure were promptly ftatrA.i .t ,1 1 1 .1 An it . .e . ...t . . tt. n A posits were removed the bank was put dounf--theSpcc!e C.irulaLwss issucd and persisted in asainst the declared " opinion of Congress and we were told . . that in a few mouths every substantial citizen 'should , have in his pocket & purse lineda with gold. What has been the result of these measures, what the . fulfi ment of. this promise? We have no specie fn circulation., rto notes Tor Which specie can nhfafned," ami our r pui-s'es, so far frosn beihg lined wit'i ' gold, can scarcely exhibit the dim light of a half wwn pistareerui But the., v. Globe assures us before Mr. Van Ba- ren's Administration is out, the gold., will come, and all will have it. and the promise which eight years' has not ful- " ' filled, we are assured will be duly . made good, at the end of .mother four. V Truly this cold is like the Iwg of tl.st . ,. ' -'..? ; - . -

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