rL'.' II WVoc No. 201. Tarborough, Edgecombe County, N. C. Friday, April 23, 1830. FoJ. r. No. 34. THE "FREE PRESS," By Geo. Itoward, Is published weekly, (every Friday,) at TITO DOLLARS per year, (or 52 num bers,) it" paid in advance Ttvo Dollars W fifty Cents, if paid within the subscription veir or, Three Dollars at the expiration of the year for any period less than a year, Tiventy-five Cents per month. Subscribers at liberty to discontinue at any time on pay ing arrears. Subscribers residing at a dis tance must invariably pay in advance, or give a responsible reference in this vicinity. jio subscription discontinued unless a noti fication to that effect is given. Advertisements, not exceeding 16 lines, will be inserted at .50 cents the first inser tion, and 2.) cents each continuance. Long er ones at that rate for every 16 lines. Ad vertisements must be marked the number ef insertions required, or they will be con tinued until otherwise ordered. Letters addressed to the Editor must b3 post paid, or they will not be attended to. 0ttO Goons. flIIE Subscribers are now opening at their old stand in Tarborough, Afresh arid varied assortment of FANCY AND STAPLE DRY GOODS, Hardware, Crockery, &c. Which they offer at their usual low prices.- j)m RICHARDS $ CO. Oct. 22, 1S29. For Sale. Al the Store of K. &S. 1). Collcn, IN TAR HO ROUGH, Turks Island and 7 O A T Hp Liverpool sack 3 5VJLi JL y Molasses, sugar, coffee, tea, and chocolate Iron and steel of everydescription Sc quality, Blacksmiths bellows, and every other arti cle to make a complete sett of Black smiths tools, Old brandy, by the barrel or retail, Jamaica rum, 5 years old, Otard's cogniac brandy, 10 years eld, Pure Holland gin, old rye whiskey, Madeira wine.N.E. rum 6v common brandy, Torctherwith an extensive assortment of Staple and Fancy Goods, Of almost every variety, at as low pri ces for cash, as can be bought 'at any store in the place. A constant supply of Sicaitn's Pana cea, Dr. Chambers' remedy for In temperance, Judkins's celebratedOint vent, &c. &c. (QThe highest price paid in Cash, for good clean baled Cotton. JUST RECEIVED and now opening, a splendid assortment of fancy & staple Seasonable Goods, At unprecedented low prices 100 bar rels superior Cut HERRINGS, &c. &c. A S. IX COT TEN. May 23, 1829. vSalt at GO Cents, P0R SALtf, by the Subscribers, ten thousand bushels TURKS ISLAND SALT, j Of the best quality, which they offer at the above price for Cash, or in exchange for seed Cotton, at the highest market price. I), RICHARDS $ CO. Tarboro', Dec. S, 1S29. King Gatlin, CKNSIBLY grateful for the very lib eral encouragement heretofore mani fested by the citizens of ibis and the ad jacent counties, have the pleasure to an nounce the arrival (direct from NEW YORK) of an elegant and extensive as sortment of every article pertaining to GENTLEMEN'S fashionable Clotinng, Selected by a first-rate judge, and at most reuueeu prices among which splendid assortment may be found: Black , blue, olive, steel and mixed Cloths, ''lain hhir.lc silk Vrlvrt-. j p'Srcd and striped do. I Jain black Florentine, ;ucncia vesting, of various colors, White quilting, of a superior quality, ALSO, Patent Suspenders, and a general and well selected assortment of Fashionable Trimmings, All of which will hp nhl nf rrrliifol j Prices for cash, or to punctual customers. ! Tarhnrn'. 9th C?nrt 1 Qoo w , EV. Henrv Johnston, 7TSIIES to inform his friends and customers, that he has hist return ed Prom New:York, with bis Fall Supply of Goods, In his line of business, which he is hap py to say he can sell on better lerms than is usual in this market among them are Superfine blue and black Cloths, Brown, olive, and steel mixture, do. Hottle green and drab do. Superfine Cassimeres, of different colors, Plain and fancy Velvets for vestings, Plain and fancy Silks for vestings, Dark and light Valencias, new patterns, White and buff quiltings, Pocket handkerchiefs, gloves, White and fancy cravats, patent suspenders, F. A. Hart's patent braces, A complete assortment of TRIMMINGS. The above goods will be sold low for cash, or to punctual customers on a short credit. Gent lemen furnishing their own cloth, can have it made and trimmed in the most fashionable manner and at the shortest notice. Tarboro', Oct. 1, 1S29. Mrs. A. C. Howard, AS just received her fall supply of GOODS, in her line of business, comprising a handsome assortment, suit able to the season among which are Pattern Gros des Ind. hats of the latest nor thern fashions, Leghorn and Straw bonnets, Superb head dresses, ornaments, See. Llegant ribbons, feathered flowers, Sec. With a number of fancyarticles, well wor thy the attention of the Ladies. Ladies' dresses, cloaks, pelisses, &c. made to order, in the latest and most approved fashions. Leghorn and straw bonnets cleaned or dyed, at the shortest notice. Tarborough, Nov. 5, 1S29. $25 Reward. RAN AWAY from the Sub scriber, about the Sth inst. ne gro man HARRY Harry is a bright mulatto, (half white,) with large freckles, between thirty and thirty-five years of age, near six feet high, and weighs about one hun dred and seventy pounds; he is a good ditcher and well acquainted with all kinds of work usually done on a farm; he is a very intelligent ingenious fellow, well calculated to pass himself for a free man, which no doubt he will attempt to do; he is well known in this county, particularly in this and the neighbor hood of the late Lemmon Ruffin, Esq. where he has a wife. The above re vard will be paid on the delivery of the said Harry to me near Sparta, Edge combe county, No. Ca. if taken within this State, or Fifty Dollars if taken without this State and Fifty Dollars will be paid for evidence to convict any white person of harboring said negro on conviction. RICIID. HINES. IGlhNov. 1S29. 13 The Editors of the Raleigh Star, Nor folk Herald, and Petersburg Intelligencer are requested to insert the above advertise ment in their respective papers for four weeks, and forward their accounts to the Postmaster at Sparta, No.Ca. for payment. Domestic North-Carolina Legislature. We insert, by request, the following extracts, from the "Debate on the bill for estab lishing a Bank of the State," which took place in the Senate of our last Legisla ture. Mr. Martin, from Rockingham, introduced the bill, and made some ob servations in its favor; after which Mr. WILSON said, in order to bring the, principles of the bill fairly under discussion, he would move to strike out the first section. He said it was known to the Senate, that the charters of the present Banks had but a short time to run; and it will be proper for the Le gislature now to conclude whether they will continue the charters of the Banks at present in existence, erect a new Bank, or do without Banks altogether. It was with a view of bringing thesub ject fully before the committee, (and not from any hostility to the principle of the bill,) that he made the present motion. Several speeches were made for and against the motion, when Mr. Montgomery said Mr. Chair man: The motion now pending before the committee, is on striking out the first section of the bill on your table. Sir, the principle contained in the bill on your table is a subject upon which the public mind is more agitated at this time than it ever has been on any sub ject, at any former period, since the for mation of our government. It is a sub ject upon which the people of this State expect and anxiously look for an ex pression of sentiment at the present Le gislature. The subject presents to us three pro positions; one of which is, shall we ex tend the charters of the present banks? another is, shall we let them expire and do without banks altogether? or, shall we create a bank predicated on the funds and faith of the State, in which all will be joint stockholders in common? Sir,. I am in favor of the last of these propositions. I am, Mr. Chairman, not in favor of it as a matter of choice; (for, sir, I am willing frankly to acknow ledge that I do not look upon banks as a blessing among an agricultural people,) But, sir, there are peculiar circumstan ces under which we may be placed, which necessarily compel us to adopt a course that, under different circumstan ces, we would deprecate. I am, there fore, reminded of the truth of the old adage, that while we reside in Rome, wemust necessarily, in some degree, conform to her customs. I, therefore, subscribe to banks at this time more as a matter of necessity than of choice. When taking into consideration the sit uation of our country, and the ordinary transactions of business carried on by the people of North-Carolina, not only amongst ourselves, but our sister States; and when I see them banking it on the north and south, and the United States Bank assisting in furnishing bank paper to carry on the ordinary transactions of business, upon which large profits are made; and believing, as I do, that while we use bank paper, we must and will be tributary to the source from whence it came; and being unwilling to pay tri bute to the Virginia banks, or to the treasury of South-Carolina for her bank paper, or to the stockholders of the Uni ted States Bank, (many of whom reside in Europe;) and being also unwilling to subject the people of this State to pato the few capitalists of our own State a tribute annually more than equal to pay the ordinary expences of our govern ment; and believing that banking is pro fitable, and that this profit rightfully be longs to the people, out of whom it is made, I am, therefore, friendly to the bill on your Jable, and opposed to the motion, made by the gentleman from Egdecombe, to strike out the first sec tion. f I am in favor of the bill because it contains the provisions that I alone am willing to bank it on in our State; for I am opposed to any banks the pro fits of which do not go into the public treasury of the country, where it is a joint stock in which all are stockholders and copartners. The honorable Speaker, from Rowan, has labored hard to alarm us and excite fears and distrust among us, by citing the failure of banks in other States, and particularly Kentucky and South-Caro-Iins. He tells us that the bank paper of the Commonwealth's Bank of Kentucky soon depreciated considerably, and gives that as a reason that we should not esta blish a bank on the funds and faith of the State; for, says he, we will fall into the same difficulty.- Mr. Chairman, if the gentleman will shew the situation of North-Carolina at this time to be in the least degree similar to the situation of Kentucky at the time the Common wealth Bank went into operation, and during its existence, I will, Sir, aban don the bill on your table forthwith as unwise and impolitic. North-Carolina has three Banks, and the United States Bank a branch within our State, all the charters of which expire in 1S35 and 1836. Then will we be, unless hew banks are created, without banks entire ly; (for, sir, I do hope that the Con gress of the United States will not ex tend the charter of the United States Bank.) Kentucky had at the time, and during the existence of the Common wealth's Bank, forty or forty-two banks; all in operation within the little State of Kentucky, all trying to make money, all dividing the profits of banking with in the State. Was it, then, to be calcu lated on that any of them could succeed well? It was not, sir, and the cause is is as obvious as the sun at noon-day in clear weather. There were too many I divisions of the profits of banking in the i Stat fi. Pnnld iho rnmmnnivn-illK'c - M &jvs vuuiiiiuiiiikaiiii O Bank of Kentucky have had all the pro fits of banking within the State, as 1 wish North-Carolina to have, no doubt she would have succeeded well. The State Bank of vSouth-Carolina was adverted to by the honorable Spea ker, in strong terms, by saying that in two several attempts to increase the ca pital stock of that bank by opening books for private subscriptions for stock, they had failed to get one dollar subscri bed; and says that is proof sufficient to him that that institution is rotten at the core. To me, sir, the failure on the part of that bank to get stock subscribed by individual capitalists, is the strong est proof that that bank is doing a good, honest and safe business for the people of that State. For, sir, I apprehend that the capitalists in South-Carolina are like the capitalists in North-Carolina and elsewhere, generally unwilling to em bark their capital in any institution which they cannot move and govern at their own will and pleasure, where they cannot have power in other respects as well as profit from their capital; and, sir, the people of South-Carolina were wise enough to keep the controling power of their bank in their own hands; the controling power not to be atlair xl by the capitalists, and the bank to be under the control of the people, whose wishes and views are nothing but hon esty and fair dealing; I say, Mr. Chair man, these facts being known and made manifest, no doubt were the reasons why the capitalists did not wish to vest their capital with them. Again, sir, we havp other strong proofs that the Bank of South-Carolina is sound and doing vvell for the people of that State. We have the message of his excellency the Govcr? nor of that State, lately laid before the Legislature, in which he speaks of the