RALE1
GH
AND
4
North-Carolina State
Ourt are the plan of fair deH htfVt Peace,
Unwarp'd by party ratje, to live like Brother!.
THURSDAY, JANUARY 4, 1S10.
No.
do
IS. b 1,5 1 s
9
Gazette.
- .-1
FEMALE EDUCATION,
r arc ULY to ti.e Ku'fS cf this Ft3.
. . A V. h .nt, m thr fir..
, j r .-VKC'a'Ue Ausvntc I rJcr
Ov- t?Z "
i--cd. Mr. N.cw,v n, b'e
I' ' tlx rttrc Ac .demy in thi5pl.it. Gen
. - j ! . f .ish i,u.hfd l':tenr rt-put i iis
,' ... .. ,c.3nn-cifl vi:ri 'he School, wa
' rd ' ,fr 4'c- afr dcrs rriiJin a' a
j wr-e -centfJ from aticnJm b the ir.
. of i-f wvather
Tre r " w si,r, 'n Exams nar..in nf
I , rClj jrs m Spcl.i-g and Kead-.f-K. art!
iu- f ti advanced in ii!.-h Grar.im .r
, , yAt re,
U , t r kPr.d djy. thr higher Clas-r rc d
4-:- ,M b'j:-' vere, ad .v i n-.t
4ftj .rJ o tt.e liiittir l r. b rl,
. , , ; J, the I" r cf he G- ;$. tui
I . :t J Siemens at r Vnri
(rc:, :.r.s "t three V u g I.aii- s, Mis
5 iivtt, M W'..iv ai.d li C Io
( " x it .v-d. a d 'hf Ltercs-s t';e div
.. . . J j a hanj e a-d "p Si v
! ' V -a-v; L- i s ty Mr. a U , -v
in yr.-aJf ft .!nst-l a. -J ihe "o.-t.-.j r,
x - v . . I i . .
ir.
it r . Uv
Ik. .) .1 f
I
ft
a Mu
Ah x
: V .
i
e n t Mr
, . i- 4, M r. it Ch. 1 '"' . d
.,Vl . . .t-A-a u.'V s f.co .S r.u ti an:
j ,f ,;, t n.it pr. giess i. Drawi .. a l
Pi v r. ; I iv 'ic i bi rd anu m.i v- 1 1
Lke j ; rvjA on ol te C rrpar.
L:.C'-"-fa?i ih) t. c ju.ee wht: a has a-tr.H.
tj r.e ci tr'i riiJ. avt rs t hrnve t r.is s-l.--.
i. J lo:iaai iiil.or-.i i r. l'u hit
;;),.! . I, re-c r-.rnc wc on :i.c St!, i t J .
tta'. u J r-iitiaT.. itipcn .enda're ijiur.-
i "duii .1, I). awing and iVm.-'.;
I)- ixTi lM,"..r, andrr ti.f d ta i n oi
Mi l-.x ciit L Vt.Uer. v. hoc C ac i
v. y d well kiivn to icqu.rt
i .. c r.T.en:
To ir.t r xv. u have been plc.vc l to encnu
n;t t i lib. u'in, ne tn.u rs nii tatrtal
l. . r.ti ts, with an a i,rin . ihat tlu
c tt T.iitcJ Cirt and i'tert.on which have hi
titiiu Ixrn totowed, shall cocan.ui. undiTii
t.vea.
Tr.e na-.y advan irs rtcuh.ng ftom th-nr
te:n tt y I rned into t-laises, induce h m to
r. ;.Tit 0. iKiinei to j. ace their Onldrf
c. u ii;r los dir.c.ion, to let the rn at.
tf '. iiijvai- j. 3.o: a:cr there c nr.t ;.c
r i J l.n "v:i J-
Ii-r i ot Hoard ?c T"'tiOn in th- vri j
.-( dMiKN eic ptet) ijj jx i a" i um
Lad rr.jit k lur:. shed wi r. a
i ..;$, Co-.r.irpai'e, blanket am!
atU.
Th; r 'yv'n TV,::-"noma's arc autcxe t t'.?
!V jt .v-fi ct i a i nav ix ii.tl n-.' t
trc.-i. t c Institui yjt :
H. t- : j-s e.t by Mr. M oJ cai to a' S
1' v iu;'"-:i of tn' Vou I.aitw
f.r . u..di. r ms tiiri-cucn lor s me c nni i. .
Jo ;. "t. I at tr.dcd a: the tirre -pt-'n,..-.i.
J. i c rr v s'- ncd m sc., r heard 'hi r l .
1 c. -r t .r-.i.r in the tr ct rr.ai ner, the
n'C i,,rs, .n l.r,i5ti tf ra- n .it, 1 1 itt jr .
O ;ri; .1. a aJ the Uu" ol the tiioiKj, i;c- t
" t a-.c t j .. Irarains; t ) h ve c -tn
t ti
tj a. ; U the .ox.. s r- 1 ui las.
4 r? .f ; au tv, ;..cc !iat t ; ic, as not aiatrd
ir. t.-c ifi.i, h..t i -he .u itiarv fc .-re .'ft
or iji.ni aye Ixtn rmd by the Yu .;
f J, t) i'.i n ;tj a. trrmrtt ihitrticl
la-
ft. -a n th- a tit u m tlraicties ot Sornrv to
f. cw. : c Lav j'd tht-r a ien in, and n cir
ti:ftirjf s ie Uci cr.wned wil'i uncommon
wi-es . 1 f .k I uuld nciratt lr ni he in--
"i t Mr. M illegal and r,i Awstants. eie
i toutcan- hat the utmost j. a. n hav-. ixen
tjca by tficO III Co -.VC.i. Ihc m St ptni.
t:;.j uvtul nstruc oi, to i heir lJupd, in the
, l-it a a cas e t :ianticr, and in jus ice to
' I;, tucicrs aid l'u,i ismu.i ajy. ti.n I nc.
t r. lwc lip Jul an tianonatiuii which
.u . jo ran, '. t c oi..
s V MLilI. NICHOLSON
- .rt ; f cit vi'.o .vre pterrn? tturlng
lv? L: L.xa , ntu.r. t .Mr M rdec.u's Tu
r"' ,.!..- jrc dec ate. that then per f.n
J7':?, rac-tJcl iht.t m. it sa t;um expt-cta.
' ll.e rrat'i'-.cka and crr coh ss ol t'.:
?: iiv.,1 u in ise rnja?td in th d ti-
" o otimrrar, ins oiy ami vaeo
it ...
tatr c sctral qhestir ni .u? to th-rm
M and cl re Ex.. to nation, cvi-
- f'yi.-i.r,A!,f ?p, I c aiicu en tScir
I a, iv.l as ;reit asfOua ai d attcnt.on on
--;-Utftlr:r it. the it.
KOB r. COCHRW, minuet i
LLLls G. lil.AK... Ite,tJj.
WILL HUN T. Crrn.r
Ctf NlCHUl.sON. H.rren.
JviuN l l.L,
K'.t o it t: vt tr i
WM. UUtrlN. f
Hi 3. Gu'JstEH J
ll'tirrentnn
36-3;
V.ALUAIJLK xeguoes
i OH SALE.
1
HF' a: the late dw-Hirr hevr
trkc. Oet-'d. rn I-.itrll
n lj.ari.l.v ik. l
. . " n IhTn C- o .Tv U rn
btOK... s. itS'iu 'tf it, r
' . ' t A. li'ii t" ,jt r
nieral ilssrmbljj
DEBATE.
Fridav, December 15.
Th? HiM to provulc iov t!ie KtMletnption of
the J'jptT' tin'.". dr:viitf il in the Ban!;
-f Newbern and C-IVir, and to regu
late thr and Hanks, i'-in, on its cc'.d
Trading in the House l i;jinm'm
Mr. W . W. losi-.s w shed to ptijposc
in amendmeot whirh he thought, and
which he hoped the H Mise would thin'v
imp rant; and, fromitsimpoitai.ee, he
I . a 1111
t,.,p tl tne would stispenu mcir jun- ,
m.nts upon it, uivil ie naci oiicrcu nis
i ns iu its su'i:i'i t. lit hdd to re-
retinal he h.i not a fcrfbet kno.vler!o;e '
f thr Mioj.' t ; but he trussed he was
miTi ien'.iy well acquainted with i't to be i
)ic o .J'e uch leasona in f .vour of
j i. nv io. -5 w-.uld induct he lloust. to ;
1 oncu' w it f i h'tn in opinion, llii mo !
t on was. to s'uke oir s j much of the
- t 3 . 5-h ai.d t, it c ; io..s ol the ,
ii.ll . i U'd'othr ii nkot Cpe Feu.'
In order to tn.i )le the llo'isr to coint
a corrfci unsion on tr.is tiurbM ui,
. Mr. J. wished o call their ai.Lii'.ion to
he v iiia'ion ol i h .tih'c tt I n e toe
: r cstii'dishinv; th seJi.fik wvic j-..,sa- :
rd. At til l tlllt' perv fl- poCi,IU 1
U"p;T stuns of ni.mei, had it in tin ir
ier t do i;aoH r to do ev.l. Men j
; s-i'-nv; alTluen-'e were ot iicrullv of a '
Tanpini; disposition. Thebc peisoosi
n (! it in tht i' iMwer,'nnt onlv 'odepiivc
he poyr and needy w!io applied to th-m ;
tor ' li f. of a part '1 their propr rty, j
'nit, lv txoilmant interest and small;
i
-.u "ctC-: e loans, to deptne thttn ot the
'hK- id h-r property. Yc well;
(kti )v, said he, tiut men wno arc cm
. '.at tasked in 'heir cir. uirtancei will
o tmfe to b 'rrow tuon. y at tti cnor
'tious intcr.s'. until ihi ir sitiiations be
jcme d iprrate, anil this disposi ion is
'r j i n Iv encouiuped by those who
have money to lend in this W3y, until
hty ict the property of men, which
I - . . I.-..-.. I . u . r-. .C infl.iflrrir
II. I, liat lllCIII d IIIET UI IIIIIU3U J IU
protur-. This sitratnm ol liiin? seem
ed to call for a hank e 'a'lii hmem. and
the l.eislatore thought proper to pass
h- I ws whii h irirc tht lijt.ks in tiues-
i- n itcncc. A I! who c h'se to su!j-
rib f -r sh .re- in them dul so, and the
il r.ks vent m'n npeiation ; and no
on i was it seen h t niotu V'( oidd be
!t in tl Irotn them at common in'erest,
lia: ihtre nav a and cry aaint
nrm f'onithe capit thsts who had here
i T-Tt hitn in the huhit of chai in 25
tad .'0 p rcetr. f r their money. i he
H tik. by ih. ir chjrter, re limited to
m per cent, on their loai'S, which
jniav be obt niud, not only by tht rich,
'np bv nun in m tilt. rate circumstances
j nd :w)d c .trader. l.tt us tinjuire,
, :id he, v hethe th. se ii tiks iiave act
i tl up to tin ir ch u '.er. 1 le wjuld speak
j dont of tlu- Hank of Ujpe-Fear, beciuie
of that he h .d Notnt knowledge. It a
man wants relief frotn this Hank, be
his circumstances what they may, ifi
iie b inj-s ser.tintv, h will be uccommo-
lated. lie had hem inlormed by 'hv.se ;
well ir(jiainted with the transactions of;
his Hank, and on whom he h;d perfect '
r-.-'ianre for he was hune!f neiihet a
Diitctot n.-raS orkh' Id i) that tht Di -
re. lots always pr f.rred ih bonds of M
M.c.h persons for act om mo !atitn .s hey i I
' !t!i v d stivtl in most n-cd of the mo- ;
nev, whe c tin -eruri' v was one xccpu ;
onable. N m n i-uld s ate an ins.ance
of improper p.itiairy in the diction lllcir papci, and at the same dme that
; of his Il k nd-echlh Dir. c r, are j , hcy h.,( sulTered thtir Notes to :e de
.men . f he high st und!ng, and ot t he j preciated, t hay had a so depreciated our
'greatest pnnctu dity an.l imeirtity. If!jj)aper money. He did not put much
( there be any fault in them, it is that j j rii(u ;n the generosi y of Rnks, he had
I liny art too . ireumspect. The law es- no tp)n.n whenever th. y loaned their pa
jtihlishinir the Rank permits hem to j pt.rj lhcy took CJirc to "nave good sec u-
"' o e ii ui. n ucposi s a. wen u-. i
theircapital : but he h.-rf been told by.ij acquainted with hanks and their
jone of the Directors appointed by the
IS ate a man wh- s veiacity no one
i u!d doubt hit this Rmkihas nevtr
et issued Notts to the amount of hrcc
j times their capital, nd therefore not e
(! llaroi .my deposit,. ne could not
h lp remarking to th- honour of this
; Lstabbshmen , that when a consul ra
- hie portion of the town - f W Inn gtoo
j was destmye'd by fir , it he. I out a
I h- Iping hand to die dis essetl sulfeters.
: Such as had not money to lebuild their
houses, wete accmtnio latrd a' th Rank
.on tnoitgaing thei- lots. m Men almost
uduced to be.rafi. with nothing, per
n ip, but th lo tin w hich th ir Ivni e
stjo!, v r-t bv the ft itntil; a .d lihr-ial
, aitl ot tht R .nk. aain raised to comfort
, and coasemjence.
Follovv the Directors of this Bank to
thtrlrofTi csof Di coiii.t. It will br found
that 'ititi of the firs character for im
puru.'li'y, uprri;htnt's and intcirity are
appointed to m.mar tht.m. T.ie conse
quence has been, that in these odnces,
as well as in the principal Hank, men
having the r;rcatet wjnt of money have
a wuys h (1 n preference in accommoda
te n, vh -e t'.ieir securities were suffi
cient. This, said Mr, J. is a course of
conduct that must meet the apprnba-
i lion, ivit only of this L egislature) but of
every Vine-st man.
- i V f
itL us eiuiuire, Saul .j, wnac are
lh imUlCt; ,Ilcnts lor the Leqislatute to
. - He n,M it to be
the duty of the house, before they pro
ceed d to lav a t.x on this cm pora ion,
! t'l eniju re whether its stockholders de
rived fiom it any ireat and peculiar ad
vantages ; u cause they would not im
po'ie a tax vrhich was not founded on rea
son and jti ice. idiis Ji uk, sa.d he, di
vides f tily 8 p rent, whir li proves with
what can ion 'h y have conducted their
business. And so -no-'crate an income
does n )t pr. sent a fit object for taxation
a-, tljrre is scare, ly any man who does
ii'.i make more that; this by his money.
The next "bject of the bill seems to
t to lav some restrictions on the Di
sui h law be passetJ, the-house ouht to
know on v hat irr und these res riuion
are made. 1 it because the Directors
h ive -iCted impi cperly h .-cause thev
have mad too lare emissions ol then
N tr s ? N S'ic'n pi"cf is bef r. the
hou e. Independent of our having n
rtliL to impose any other restrictions
than are cont ined m its charter, why
should we lay restr clions to prevent
possible at)uses ? He knew nothing, ol
the rnj steries ot Harikm. All hisknow
ledie on the subject w is derived from
liv.nj at the seat of the Bank of which
iie -p .ke.
Mr. J concluded with siying, he was'
not disposed uniu ce'isunly to consunn
the tinv of the house, He hoped a ma
jority of the house w-.uld aree w'nh him
to vnke out of 'he bill th se parts ol
the sections which he hid named, that
hail relation to the liank t f Cape Feor.
He did not mean by tlrs motion to in
duce a belief that tiit Dueciois of the !
liank of Newbern had acted improper- j
j y. lit h.d no knowledge of that insti-
itution, hut he had no reason t) doubt j
! but they had acted as correctly as t he I
Direc ors of ihe Rank of Cape-Fear ;
hut he w ished not to speak of that which
did no come within his kn ovlcde. The
Directors of the liank of Cape lar, he
knew to be men wno could not act o-therwi-e
than uprightly, and theref te
lle wished to have their institution ex
cep'ed from the operation of this bill.
Mr. Dpkw sid it grieved him much
to'disagiee w i.h his friend f om Wi -niinton
; but he could not consent to
make so insidious a distinction between
the two Ranks, though he w;.s constrain
ed to s y that he had not heard so much
complaint ag in st the Cape Fear as a
gainst the Newbern Rank , but. per
haps this might have been owing to Ins
being more immediately within tile vor
tex of the Newbern institution.
Mr. 1). wished Uo accord to the Di-
rec,ors Gc rjape Fear Rank due praise
for iUc accommodation aff-rded in the
rase of the fire ot Wilmington, though
ht. na(j linl tJt.f,)re heard of it. All that
)e h t(j heard -f these Ranks was, that
,uP.. had nvf-rwh, imed ihr conntrv with
nt or pnncipil and interest, tic vv s
! Directors, and believed they were gene
I rally avaricious. He was for making
j no distinction between these Ranks,
j i'hey were linked together and must
I share the same fa.'e. He was sorry the
i
J present motion had been made because
; he had intended to have rtserved what
he had to say on the subject, until the
(juestion on the bill came fully before
tue li ise.
It was said, that Banks are of great
s rvice to ;he conimuv.i y. He acknow
ledged they were, when properly, con
ducted ; iaiit the reverse when badly
nan ged. These Ranks refuse to pay
old or si'Ver f heir notes ; they of
r.r in ex iii lire for them the most r.-
get. ot our aper currency only. Yet ;
tuey continue to isus their notes in ;
.
large quantities. The consequence is, ;
that they are gi ea ly deprecia e with i
them our State currency, whi h, before I
these Notes were pur into circulation,
were always as good as gold or 'silver. ;
! He held in his hand ii Petersburg pape-, ;
in winch was a Price Current, and j
North-Carolina Bank Notes and Cur
rency are s id to be at from 7 to S per
! cent, b low par. This is a discredit to
the S ate, and he wished to rerhove the
evil. But the g p. Ionian from Wilmihg-
j ton stated, that the Rank id Ca'oe Feir ;
I nvi led only 8 per cent. This he ac j
j knowleded .was moderate when com
pared vvith the enormous dividend of
15 per cent paid by the Newbe rn Bank,-'
whose capital is 50 per cent ies- than
that of C.'pe Fear, Rut 8 per cent,, is
large interests T ie Virginia Rank,
whose stockr is a million of dollars, di
vides 6 per cent. only.
The gentl-jTian says he is not sc
'qua'mttd with the myste' its of the Rank
ing business. Have they, then, thtir se
crets 6c mysteries which are not to be
discovered to the people i He had heard
ell of secrets, and secret Service money
in ether Governments ; but shall the
people' or North-Carolina be tcld that
they have erected a Corporation which
j has ts secrets, and mysteries, hie sup
posed some of These secrets had relation
to the Ranks ".yAzT'i.'rt their own notes.
He did lot say in'.i he Bank of Cape
j Fear d'd thi, but Report says another
j iiank has done it, and he could not say
Cape Fear had not.
Rut it is . said the Bank of Cape
Fear
ought not to oe tar.ed, because it divides
only 8 per cent and because it has been
of gre d benefit to Society ; but he be
I evtd these Banks acted in concert, and
i ti at they couid well atTrd to pay a tax,
a id why not t x them ? ndeed they
ought each of them to nave been charg
ed S2C-000 tor their charters, and if the
legislature had then understood .as
much of the Ranking business as they
do now, this, or some other large sum,
would have been charged them for the
privilege granred to them. He hoped
the question for striking out would be
disagreed to j
Mr. V, V. JoneS remarked that
. -I
toe gentleman from Halifax had taken
up an expression of his, which he seem-
ed to lay a greater stress upon -than it
ought t bear. I h ul stated, said rr. J.
that I was unacquainted with the secrets
of the Banking business, in the same
w ayrin.whit h I should speak in i-efcnence
to the husmcss of a company oi Mer
chants, who a'l have their secrets in
trade, which they are unwilling to ex
pose to tlit public eye. The gentleman
cannot sav the Directors ot the Biitifk ot
Cape Fear have acted improperly, but
insinuated that the Directors of anoiher
Bank had sk ived their own Notes, ' He
supposed the gentleman had some knuw
1 dge of this kind of business, whichjled
him to suspect others At all events,
he hoped as the gentleman had nochairge
against the Bank qj," Cape Fear, he would
not object to the proposed amendment.
Mr. Gaston was suipnzv-d by the
motion of the gentleman from Wilming
ton ; and was somewhat in doubt whe
ther he should give it his support or bp- I
position. He at first thought he could '
not conscientiously support it, because
knowing, as he did know, tha1 all jthe
miserable clamour which has been rais
ed against the Bank of Newbern, had) no
foundation but in ignorance and maaig
niiy, he could perceivt.no reason fcir a
distinction between the two Banns ; fiut,
on a little reflection, he found thai he
could not consistently oppose the mo
tion ; because, believing as he did, ihat
all the sections of the bill before jthe.
house, are either unconstitut onalf or
monstrously unjust, he could not object
to any part of them being struck out. ,
Ano'her reason which induced him to
act in this manner, was, it was known
'hath re resented Ihe'commercial town
n which the other Bank is established,
and that, as he regarded the honour and
interest of his consti u- nts, he snjould
.eel mt r sied for the reputation of this
Institution, and were he to vore agains
the present motion, it t.iight be, suppos
ed that he was apprehen ive, if left to
j themselves, the Directors of toe N. w
f hern Bank would not be able to stand
he scrutiny with which it was threa
ten d, and he rt fore tlut.he was anxious
to keep them coupled together ; where
as this was so far from being his opinu
; on, tha' he doubted no he should b- a
1 ble to shew that all "the rumors which
It . . ...
nave been repeated to 'he iniury ot
that insti ution, were false and aluc
thcr unfounded.
I But Mi. G. said, he sho uld notttis
Ichargt all his duty were l - not to rtfef
: to soms remarks which fell from th
' gen'lemenfrom Hl f.xi ; He would, notj.
. follow - him th- oue-h a!! his extensive
(wanderings, but a part of what he had 5
said called for notice The gentleman i
had sh-.'-m himself to be unacquainted:
with this su ject, and had made asser
tions which had no foundation on facUj
This he knew wi h rspct to the banjf,j
of Newbern beta is ejts coduc had
ver be. n before his eyes. The gch
t erndn frorn H lif x had r .ted 'he capU,
ta! of the B nk cf Newt ern as beintr 50f
per cent less than hatof-tht B nk
Fear, whereas it. is 100. per cent. g; eatert
the stock of Newbern being &2QQ9o6o &
that of Cape Fear g I'OO.OO'O oidy. He
states tbr.t the two Banks act in c ncerU
Mr, G. said, he must be permuted to
say, that he had the honour of being: one'
of the Managers of the Newbern Bank
his intertsJ in it was not large, but it
had been the wish of tht pat- ons of the
Institution that he' should take part in
itv managemeut. He .thtrefore was e
rj'ablfd tt speak from facts,
the jrehtleman from Halifax by sta
ting that the Bnks cted in concert,
wished to insinuate that ihey did so 'he
more effet tually to injure the communi
ty. This, sai-l Mr. G. is the only con
cert with which they act. One of the
Bnks will receive the notes of the ft her
in he same way tha they receive their
own ; and three times a year they make
a settlement, and which ever B nk hus
a sut piusage of notes, receives . the
amount fiom the other' in specie. This
is all the connection the Banks have with
each other.
But the gentleman has saidvthat the
Bank of Newbern has b-en concerned
in shaving its own notes. He bad not
statea from what authority he said this $
but he (Mr. G.) would, make art asser
tion, for the truth of which he pledged
his honor, that, fiom whatever-source
he report cume, the fact was not so.
That such a thing never did happen
in that Bank, and that any lapphcation'
of the kind would be repelled with in
dignation.
Mr. G. s-id he would go a little ftTr
ther, if the House would not consider
nim an egotist. Bur, in what he was ;
ibout to ay of the Directors, of thc
Rank of Newbern, he wished it to r
considered that he excluded himself
He believed the characters hf these flc ..
lemen might be put in competnt
vith ther characters of any eleven ra
in North Carolina, not even except1,
the gentlem nfroriiHalifax -men wh'
words would be as soon taken as most
men's ,bondb not only men permanent
ly fixed by the strong ties of property
and family, but men of the first infor
mation and "the, nicest principles of ho
nour. Men of this desctip ion could
not thus be charged with truth. Some
gentleman reminding Mr. G of the
question, he concluded with saying! he
should vote in favor of the motion, and
take another opportunity of expressrng
his sentiments upon the merits of (he
hill.
Mr. Drew observed, that one story
was .good while another was told. A
to the wanderings with which the gen
tlemanfrom Newbern hadcharged him
he left it to the house to decide whether
he or that gentleman had wandered
most. Mr. D.' repeated "what he had
said about the depreciation of our barUs
notes ; observing that they had driven
erery hard dollar cut of rhe State, and
that he coiild not cross a ferry in Vir
ginia w'yji them.
With respect to the capital of the
two Banks, he said heobta necl his know
ledge on" that subject .fiom the la.W3
which incorporated them,; ic which he,
read that the stock of the li -nk. of Cape
Fear was tb be 250,000 dollars ; and
that of Newbern 200,000 only, and that
the latter divided 15 per cent and the
fqt mer but 8, could be accounted for
only on. the ground of the Ntvvbtrn
Bank having issued more- No es "than
they art authorised to i.sue. Mr. D
proceeded tj nolice the subject of ..ha
vingNbles ; in doing which, beir g too
jersonal in his observations, he v as
ailed to order ; and some Meo;dxv,
jna king the great warinth that appear
ed in the house, took ihe oppority of
noving for an adjournment w ..ch was
carried. j
f Debate to cc-'.imied.J y
May be had at J. G&les's Store t'r.ce 7,
PniCri & isTROTHKR's I
MAP of FOR TH CAROLINA.,
On Canvas ana Rollers. i
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