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* - w - ~ -.-~ -I. LA IMORDE, Editor. * vill cling to the pilars of tmple or our liberties, and ir it must rail we will p"*.h amidst the ruins." VOLUME 3- EDGEFIE ED V. E. (S* 4J7 20, 18;8. 1s PuuLIsH-:n EVERY TIIUlRSDXV MORNING. TERM5.-Three Dollars per annum if paid mn advance,-Threo Dollars and Fifty Cents ir paid before the expiration of Six iniths frot the date of Siibscription.-and Four Dollars if not inid withiti Six Months. Snthscribers outor the State are reqntired to pay inl advance. No subscription received for less than one year, and o -paper discontinued nitil all :rrearages are paid. except at the option of the iditor. All subseriptiotis will lie continied inless oth erwiee ordere-1, at the end of the year. Any person proenring five -4ubiscribers anud becoming responsible for the saine.'shall receive the sixth copy gratis. ADvRaTISEME'ers conspicuously inserted at 624 cents per square, for the first insertion. and 43 ceits for taci c-ottinnance. Advertisemtuents not havingthe numnber of insertiotns marked on themn, will be continued until ordered out, and charged accordingly. - All Adv-rtisements intended for publication in this piaper, must be deposited in th 0lice by Tuesday crening. All cominnications addressed to the Editor. (PosT PAID) will be promptly and strictly attetd ed to. POLITICAL. RE M \RIKS OF MR F. W. PICKENS, OF S. C. On the Independent Treasury Bill, and 14c collction of public dues in gold and silver. The hill to porovid- for thevollecltiona, safe Keeping, transfer, and di-htesemen of the public revenue, being under consideration in Committee of the Whole on the state of the Union. (Concluded from our last.) Mr. Chairman: all that I ask is. that the Government will collect its revenues awl make its regnlar dishursen tse in gold and silver, and tius preserve foar aIll parts a sta- i tile anti fixed stanidard of , alue, and leave every seetion, as it ought in justice to bo left, to rely upon its own protiets Jir tlh i prosperity of all Under such a system we I could at least have a free and a contented people. This would undoubtedly have considerable elwek mitil cotrrol over the ten mdency to exce-s, which iaturally exist. in 'aexclusive credit circulv'em. liut, sir, ;I is coneended that this exuetio:n woill pro duce ru in throughout the 1:l: thm et- t facts would he to destroy the whole bank -ne: -at'm in auny. forn. Alid it is tie'eet ly astonishin to te, urmTimtiian * of any mnt could lie so workel uipon as to produce such impressions. The hill pro poses that the exaction of gold and silver i I payment of public dues shall be very grad ual; only one sixth- of the whole rev:nue the first year, and in -he same ratio fir .ix years. Then, suppose the revene to equal 624,000,000, the atnotint of specie required will be four million- ihe next year. &c. It - must always he rememiwred that, inl hiese operations, the disburstements will take place nearly as rapidly as the rolle'ction,. The revenue may at least lie divided imo , quarterly payneits. Thi would ie at twenty-ihur millions aninally, $iJ0UU.000 i quarterly. Thus we would require the first-year but one million in specie li-r quarter, which would, ini all prolbabitv, b. lishnirsed by the end of the quarter. or nearly so; tir, in such a state of things, all interesir in society would lie ag;ainst any idle -ur plus, nod a reduction wonh1.l immititediately take plnee, and correspond . fillh what n% as absolti tely necessary. Collect in hank (-i culat ion, and the reverse of this will be the case; for any idle sutrplus cllecteil by Gov ertment wtould be equivalent to hoardinge that much oftheir circulation heyond biisi aicss demands, nd, consenqiently, increas - ing their profits. Collection in coin throws the hiankin.: interest, together with i the tax paying interest. agai.,t high reveues; while colleetion in paper cirenlatio t hrows the bank interest in favor of high re venues and its attenlent contseluen.ces. Receive in bank paper, and the more tihat is hoarded in surpluses the areater the profits. Stppoe tle revetn.e to averae 824,000,OO, annuall y, and till linally cil lected in gold and silver, what then would be tle oieration? .et it lie rememtoered-. that this wotultd tact take place lair inearlyv seven years. tuder the hill; atnd lby tha' titie things will have biecoime selttled, 50 t hm: those batnks that are stiund woutld f-el no dhread frotm its operat ion. Let it neat ie suppiosed that this amotitit woutld all lie re ejuired at one timie. Ott lie contrary, all know how mviany diebits ittay he patid lay thi * circulationt of a single htundredl dollars. '.hlen t he hiundredl dollaris havye petrlormted their circle thlrough thle c'reditoi- andai di eir interests of society, it isi not tunreiiia--nale. ts ca lculate that t hey have catncelledi eblts at leaist to th mo nzut of tite thtoituln did Ia rs. S o it wvoutld lie int the col lectti andte dlisbiursc ment of twetyi fotur mtill ions bay (eoverntetent. Onnit- foutrth n onl he a very - large estimateC toa perthrtm tis iperiat ioni,anil this would he N;,(000,000. At timost, the GJovernmitent could. do no miore tha n ace mtte a sum egntal to the permianti~ ent h lie funds usually on hmand. atnd not aetna!lv dlisbiursetd; and this woutld seatrcelyv ever exceed, at thle highetsi estintte, eigJt util - lions of dollars, exscept in ex rnu-altdiny cases of high suirpltuses,whiceh, fromit what I hatve saul, never woauldl he pe-rmit tiel to tee-. ettr pe-rtnantlyut, btecauso al initere-sis in so cett n uonld lbe against it, and nonite cani lie c-onceivedl of thai~t woutld lhe foar it.Nw let us~ examine ihe c-fret of eveni <).000.)t) in spci u pon~ the baniking opermationsi of the countlt try b\l r. I all a tin, in1 1 %.I , toget her-i w ith an able c-emmuiiatee.ealeniilated the paiv. metits in th e banmks oif thle u-ia v ef New Y'rik alone to an mennlt to Wi,000.t 00 pit r d'. ori ne sir. teenul hmnhtled millons4 a Mdlh~lirs a veure. I i: then estimiottl tl . e tt ..:a I -- -. .-... Vel ,,,i Ccil l 11 ou exte-nid hevonl its receipt anil dishursenso- , or $30,060,000, ateInalv, which would ie less than one -fiftieth pa'rt of the whole. Suppose. til tii, Imskiof ir. Gallatil, you caleulae the annua pavillents ill Phil:a ielphia mt I ,000,jti.mn.'Nen Orleias at $60(,000,000, aani the san'it fir lBoston and Baltimiore. aid 300,000.t100 for Charles lt), and so on tlirougI oilier citiCs of hIe Ua1:.11, n1111 wha . then, woulh hlie te lro portion h111 $S,000,000, or even $ 1,1100, 000, woIli bear to those I ramsctiois! Sir, il wnhtllil liieIally he as "'a drip inl lthiiek e1, ailld dist im th- blaice." This 4iO3ir which has beein raiked, tlat lh coIlletion f if specie in public dues wihtil ruin bani1k-t hat were onil : sound basis, is the sliallo west pretext that ever was imaifaclured it ini pose u lon u eredlouis a nd dehiled touiny. It, sir. [ (It) not ch1oose- in rest this polinl u1um aly tllilng that I lsay say alone. 1 will illake sline <jluoItiols, n is iel will be good i hiliority, at le;ist. with those who seem (it filow leaders, that dran.' upon '.lagiiaion ir l-aets" and rely ipon va Pid eclhaiin for argumemt. lVirm : in he report to which I have referi-ed, Mr. Gallini says: "i' Iliiipossihility of a iti the ohject. a. elt-illic enirriiny.,) through ITie actioll ft Ite rIetlile alon41e, is palpiIable. an41 restl t rolls flhe inmnense disproltiortioi lietweo he nafss of inliymima. for thite ordinary and;st -irrent busin4e5s of the coli try, aud1 thosie which are efle-ted by the- Getieral (G4ven-o lent. It has already been stated th: t file laily payments in the aiks of this ciiV New York) anionated to near five million's in t hip 1st of (Oiober, (1 633.) an1d ex-eeded o im. millioi-on fithe Isit of Febronry last. Ilhi includes neilher the payments nade n each bank in its own not114*s. or in checks rawl upol it, ior any portionolthe relail Iustiess of fihe city, or of any ofthe other itymIieits Ilade wVitlouit tie immediate genev of the b -uksm, The daily payvllelits n this city ailonle, alionuit t43 at least 5 mil ions of* dollars a day, or near 1600 mtIillionls if dollars a year. The animal reveille olkt eted in N. York, cannot now exceed t - nuillionsof dollrs, and tie action ofGLiv raimetit enlillot exlenid bseyorni its,, receipts ild it-uts s Thar is t siav. I)iiore. hianl :), 1 :. or ls i haln I 5 .4h part of Ih- %% holt \ lhi Gov-rmieul coulul (i) ( L-ouc lie to n,'i14ubate all amonimut rfspie t M4 ~*" ira-inot (Si uhalin..;.,. I n111F.7t It " ' st ; UT !, separate IIue dli- earn-, For Covor-let-. hv ellipel ilig ,n e atiql p(cisr f' publi 11in s to flay in ,puese, arl b pa1% fil- its re'itoirs in file sam:- eurrency. Ill this netalie enirroicy wouhl he tisedi for thiat, nd for nio other puirpose: It Icoth' ha Ive n)o outfrol over tile geieral curenev of the ointry, nor prevent its depreciation, or ai enea*ielidsesin rc panlients. It ih only enable o1vernmlt, ifrsthlI a aa3sIroplle i slionh4l enCuLe, o liresero-, thro' I ie meneral corthiiSOi. file public fi-ith i1.41 v*r41 time creditors of Ilie pub1lic. W I nns1.t :.iinl onIly at what is practicable: andI be only ratomail pilan, fihr lhe prese , n111! le, without excludingo the paper correnlcy, o restrict it wiiihiii proper l iits."* lie further sayS, ili tile s:tite report, >Age 2s: ". ll.t withonlt di sel4iin fihe conistilu ional liesiion, it is il imp ossible to suippose. hiit ile Goivernment ofithe United States S so conlsritniled Ohva it ennnotlll perf-iorrn its. nst leiiintt hiueliollS thrlugh il, own i'aiers ar*i ag.-s; that even for collecting rI own reIentte, it i contipelliad it) resort to -l:tat- ilsfi1tiiols. \\ I% 1101, at once, reerm l. ine(- Treasurers ofi lie several States, and ,iak ihel r sub-trea,tiurers of ihe l'. S.!' So miuch Che .Mr. Galiatinl as author11ity. I think It- fn dler-tesm i e ell'eris that w\'ol.m he prodticed by tile cilileclioll ofspecie n a viI iated4 state oihdie paper* errenicy, (not that I helievt it wobtili entirely relirim it,) but he is trie :q 14) the harineliess Of its elets uo ban3ks that d1 b1uiness upon I will <piote tile authormliiy of ;limher very ditinguished genle:nn, 10 show 1h:it Ie dill not Cn Ilsider IIe Icollection of3t Gov ern.inent Itws ill oi ad silver a3 d.issmros upon)3 er-edit or banks1(. All remeir-nbehr thie -tate of thlil gs ~ii 1 S0. n' lben te countr33y hadi 'ps coime clut of a3 war, andic felall ib e dr,-adif..i el'(ets ofI a depreired and3 *i exe-s sivet papm uCIrreniev.-1 Ii ereliCeto 31he34sI poEinlts, I his 411i,tigishedI L-m l:entla, (in the3 :idthl Feblruary, lidt0. sauid in hi0, liiise;. "'The eta~lishmenllilt of1 a N iiona*l Blln nolt binil, iln is oiion,(3 time p roper rmei dly, lie proced~edl1 t ex3rine whaiI~it was.'', "Th'le biamnks, lit said. " eirei~ mkm pextrava al lrtfils oult Elf thle iiresent sltt of Itli*s, n hieh Iluihm lo lie eitritil'' Ailer dhlistrailim thii-, point, lie sit s: "\\~i4h a terCipt oh d1u ml~illins *a ('r. ih~!hm (In ern' mment wavs faihul 3o i*telf1 aim to3i te inter ests ofn the people, CII they cobl nrot thei evih i wais Ilieir dutliy to imake thi effort. they ougihl now 1o maklle il. Thej evil krowis cd a n iot maake *i St~Ind, immil stop~h eie metmi wilit they mili!ht, woub4111lJ:hey, wh lenl lie cu lrreint grewv stronager iand1 str34onger here afterm, *1o it? As io lihe --vii ofi the iresent StateIo thliigs, hie adm11itted4 it iln ils 1iillesi Cetnt. I I he1 was niot mjistaIkenl, Ithere were ni hiebm wi-re- m ry wsorilth--;, and niilw wihidy Iu'3seless to thme Gove-rnmen ~ht, liv whiebh certa*3iniv be4 suta;ined bhe Triea1-43urym. Thli w'a3s ani~ ev whueb, lie eiaid, oin to be meilt at once', bercau3se ii tiilhl Lerow gre-ater by ill hlt-nnee. In) the4 e-nd, ther taxe, mma be e pami.h ini the:I3 lee timoey of I *-; T'nin., C rs,,. c.., ! o -., I 5 ue cointry, alli tie sonner tait was brou' alioti lie Ietter. Suelh was file operation if the presetit state Of the. circulatin me5lim. hie prorced l iShow, haili thel <u ties Ihtill y til:e United : ate. %'ere at a rat, of I per cent. h inr inioiton than if Baltiirine, ;tel in 1alliiore higher than it Washingitona , &t. If Congr-ems Were to pas 4(0 statslii's oi the s ijec, lie sidil, tle wold siot imake th1e law imlore coiieltiivt thn it w:s, that nothinig shonll he received 'i ei.mieilt fi dulie' to the Governml ei !;it spies ie: ard yet il regarl n as paid in fit inpil:lralive injutet ios f(11 i(e hi v in this respect. The whole Parength ol fise Gov ernment, he was of opinon, oughi lt to be put lorith to colipel he piiveinnee of fite clutie, a1al taxes it) fle Go feitg.'rnem in the leytal (enlirenry of th' colintry." This. sir, Was hile langt;age, anldies. hili oiniiions of Danieil Wester, ihian whom there couls be no hither auhority with some gentlemten in this cointry. We see no woful prelie tion tit dlestruction to baiiks or credit at that litme. by the exaction of --secie" in pub11 lie lies, even tIough it 2souhl 11m1oun11t to "-10 millions of -'ollars a year." I "ill luote but oie' more autiority. and thet I am line with this point fir ile preseni. Ali other geneleman fi, en the: h it7 bras rv, 181(i, fle samne <lebale, Sisill r his langte: . i ith rg ai 3 tI' 1 eS 11 tilie, le ill, he shoild lie glad to know why fie l'reasury ofclse Unitel States hal not on thie command of specie payments and the rie of exchtuge i its own hands? How nmuch better, if the Government had this power, as lie believed they had. that they loulhI exercise i 1o Compel ile resum iption If sp!;eere paymnents." Thliis vai tlie opiiono of the experienced1 Tentlemantt [.Ir. Sergeam] who now so atily -epreseits a prtiou1 of Philadelphia llpons his floor. M1r. Chairman, I have qnoled these ani horites with till other view hian itoshow hat if I am riitiken in supposing the col ectionl of goll anil silver in public clues cain iroduce no injurv. but. lin the conitrary, the ni0st wholesome ef-eei upon all iiteresis in llcietN, then I err with those lio are c;ipa. >le of lorm mig lie clearest jtilgments. anel et us not he tl) rash in elonneing ilia viebs very seisible mteri ha,. e ie-eteolore tel vnoented. I shall not llte. ill- 't--eniiiitmes lelivered by John litullh, who.in mv 1lfitnoni, ,.pOke more like a priphitr upos' i -t laif it fi feTtffW f (ii " m r mitherit y No, ir' 1 he1 i bnor .. 'ull asouch o ldif lInwn111ism : I. iatriotismn. Ii can di io injury i he laks vhIo dcleire, in realiiv, to have s111111i1 paper, 1111 slo 1 uI.-.ieSS upn1 a proper commer -iil Ilasis, It is iindobtitiledly ftie luty of' the Federal Flovernment to fuirnish a sail- stanibaril el' aillue which ioehin2 can varv. This is imie di <dl v unciler IthI(.e wer given -to coi tnOny, regulate tie value iliereof, minel of faoreigan cein;" ib the Ceniiitution se lriung that ino Slate shall --Coin money. .it hills of eredii, or make anv thing hli b Iet silver soin i teniler ih payment it delits."' I his preservationl of a fixedl 4tandarli of vale is essetntial ti the protee tint of property. The Gsoverniient can, at least. 5 hsrough its eollectioss and IisArse asieni's, furniist one sollil aidl hlenlihful aIr tery, wyluis'se plsation shall send foilh a puiire ( irculation ilit all 3 hose veins tIat rn frioms tle re pints of our sytmi. The zr.':it error has been in takinsg if for granted tthat l per crelii represemel enii. friom thie Itnet thai it wias convertible. No batik thiots ha. -III flithe atributes (11 <depsl4ie, liscoutisit at cir ulation, cant have paper represe ting, ii fact, to(iin The trili is, that it cats snlhave ai credir cirlethetiin, whlh is vaistily beneficial to conamerciil operations, when coi ed i to n ;soeil Iasis; but itis not monev, v no caln it, inin;tice, he a neasire o value fir every man's property. No, Sir, a specie standarl is the Iaiw of this csuntry am homse, as it is the law of the worlb abroal. An(d it is ain eternal rith Itt insa taeL hlt fhl precions metal-, or cir es utin res'tiniz sipont thIem, gi ldetr fesr gibtir, & dotllar linr dslhar. en n Isii ;lehe miseney. in ltect, iin a-sy nion'ii oir any~ age. AllI lhe piowei.rs of1 dcsp11o3isism hn vs iln vaini hseens 'xere uploi this point , ait lil l's''erni pe rieds lf th wirbs, 1ssl ii has prodneed n( siller eilltet buit to compislel thse whos hie'I se mestails scretly iii hssarsldiemi whlile. the Iie snhzeed elmaceeri'ticiss sif sticiev. Upoiiisn these pmesii, I exuIt inzlv yriumisph in 'lhe tribI eof myi pii to, ande def .\5r. ChIa irmiani, it is poors aru1 rl nras'jc'd dchnuiilat ion 35, sav', t hal celeetioiss in goi mal silvesr v,-oldl brieakl dowt~'i thet prolsperilv ofi the couniiiry. A's wesll iihti yout exper14. thle n~ akinag lisiin lt besressldii do by s hi wvei ,ht of' ihe ustirniuig tde v-tlropi hanin gss ('t enlron tr;5e itupto(nil connn'ree: east youri eye,* sni'll tn t' hiittiom ef the ean.~ii freights's u'lls I .5t00.000ht batles sif sthe riet prodiiset tha'' ts h eiold i've r sawl~: uook sco i le dee'l vaileys of the far' wvesi. iiilo ihni th~le liemp l:ilioss oil a viinil u. upion n hieb a ha:tl au-s' etesrprisinig pieople niro deveo'tin:rl thie etotnees sof nsew emires! Yecs, Sir the t ropis, andss bos'lth i l issosnr'i an ihe 'ul sisiipisw tlee pine throuigt he lin eiit ranc o fsl fresmeni: nn ti henti~i, S'ir, after' yo ('ome14 andti talk to use, it'osn catn. ci ther('il tempile idea ~T', that the rosl lesii on ofl a lfia amiiiont' in 'pecie, bty s'his (Govlernmiient.i ii thro~w uts back. into) the dhark ages.' It I Artia 1, ect'.on 10 Cortiltton. Sanifable lualim.gry, 1i111t hanks, in tici - niaiXry 10 Itiolopoldizo all gain, sloits, i exr'in that we war upon cr-daia. al ir - Ito hink down ahe pro4;perity of his miiahl ty p ple. walkinl!! in, all fke energy of aiin loo _stifan with gianat siriles, to lie eipir I I Worll, tuader the qiekenina." infli enes of free and'glorians institutions! Geti hrloen sileep Under a delusion, thea are "fere the world was tweity years Ia,( Sae4ni power las revolutionizId all i la navigaion, n and rmn ile reinrces of ih cointiry. wi it il s cotton trtle, %%ill revoil ize edyp'aierce. Thefi day ist past w' ivml haul I caireii io is a.again to lie coisidere'd as cat or eutrency, to lirim a pearanent ss tm. It is to hiave Valne i prOporion to lilt crediV and eapacity (or he inistit ntion ism. mng it and no mre, and wili aeilitate larg comtgiiercial transactions. As fil ;as nf: eare concerned. in our foreigri trade. cotion i tt supply. to it greaa exien. the place oft coitis in transmimssions. and is to reealiteexchan ges. 'he tidle is chaaziiag. 1i1rid a haoae 'whto repogq under eh fatal idei thant bakis ate t( reltylate the helml, as herl:olire, an tillat 1he- -samne breeze is to sme I ithe sails. will fiol theiselves wrecked amid breaker, and bleachini under slit ureh-'tin.!! winds oif liaven. On hese sbjeti.,, I here is sa lep enrren -f r ihonit in a athe wivoiri. and Ole piris of reform is abriad. Lea nur geie men ?nOve flurther in their itla ci raer aa fl drer at idea that tie bainitu interest is ito rule isi conuary. I warn them tip iamse before they bring down desirtaioan from an ounaarnged and indignast people. The res ponsib'ility will reta upon them. As -t our frale irond, cfiaaoni is to be the great ren lnaor. i Thei' lank ar bianks thast ally them selve&m with that interesr, u iira I prpier conmmereisil basis, will have tle iman'siri I meet credits in iurope. and n ill lie relieved from Aill transiissioins in coin. There is to no proiiosiation so angeron.% to thehanks thiuevas as at) re.i e hlieii in anyorannetions with this Governiment. All who desire to preserve ite usefnlilels ot a ihse:austiartiuns which rear ulon a soand hasis, ull dread l te tal embrace of aIhe Goveiiimeit, which will either prove lt StrM or them, or- will make a corihain tion ewrong finr liberty. M 'haIirmia. it is intere-ting o ta:e Out I irogres, and powi ban;Ikinigi I. er . ot only aiver thae catrr. - v. ht 4W.. t. e-warkAi. I -41211 tit on 'his piit. except Ity referrinis.g beh-i.i, Q01me1 pionnneit evei.,. We con., dranI% from themla same iiporil:vt l n,. lv ging bacrk ht a sh r tilslii. V4 cee t;et. ill 1792, Clavier wvithi i!ite whilo had nt'lra l o i IIIe finanlcs mo Fr:ance. thrigh :agen iII En1agland, by ieanls of n liaat draits, proI aduciel nit operation an ilie B;k of' lial.id which sprenal alarm & hankIutr v t riugh oat fat nisationi, asand comlle-I th (iII; aneian men'at nocresiae5.0000tIOh terl ig oi 'i-'whei. hills inaid thrale bank and emniareival tmeai This wonid h-ave leei carried ioitIh iies :at that time, hui for want of aoll- isa afit Frechi-li coneu ils. A -.aina, iii '96I,th ai sdvainice nadea for allie.s and armieas ipo fhl- smit ieti, and partielarly file- imperial loaii oo a hai time, praldneed confiatitoa i, ahe lsag lish eurreney, and brniait down roi a ail ale'salaitiona to every cla-s in socieiy. Im petdaing invasion.:il desneaaion seemed ao threatesa nitoa overthirow. The deral; - aient of'harfenrrensy paralyzed thi streiith (if ahe nation. The bank cosld lito n11ge. pirfairin its frneions. 'lei naiio'n cioltI ania *.eit that lite. the t:a: Xes reiqaiisi for defence. The isilitrilv W re Isiithre to res~ort to a methodl (it diebasin" hle 4-4111s. ntnd viralshing thi anc redness of cotierst. ty legaliziang aan irredteeimable paper nrrenct. Thae bank stopped specie payimeits aon afh. t.9ati Flbriary, 1797: and Parliamem.ii its onipolence, ssaetionil 1lie act The aI of 177 professel to sustin tilhr suspenliOn only for a limited aim " T''lh se-Conl section exempted alae bank from p.yinig atil ofrits notes. althnihli "issued as psi Vaablc I'ln ani-al tor otherwise," aud provided Ise mode in whiel it aimighat apply h sit thel- court to stay proceedis i aganr it. Thi saei exptreststly vaioalad existinuu cotileacts. nitd raponi Ithe plesi nil S~tate naee'ssiaty; tha t lila iindelr wichai' praallisracy stand i 'spas:i-,r, havie claimsed na saaneaion ini evtery sae and salli ins. rv couaantry'i. Th'is wias ha' firsa sae' ta lahe Br'itish ministr'y wichul, ir aeli-et, dlebsed the' coins lav ltesualizinag san irredeeablse psaper etnrr'n y: sand ahis is nthliingtu mart nraa less thlan a le modernsa'a taisusint' liar adei lissing uad c'laig athema, a baa ancaaienst pre.. rosfativ'e tar dest'tltism. Tlhitts ae ' ef con ainniing thae siuspensitin wiias ate i>-eite I. from aiama .Jo timIse, for twaenty-rwoVi yei~ars. ThIsi wiebil sit first aro'fessed'i aia be "o '''ta sinteda timean,"' astedi sabouait. I''twetyv-fiv vears, .m fr'oam 1809~ aao 1 u-.3:, se'vte tata eagrs afi lihi sauspenisiona. a hae bianak isadte iast''st ave la hvi deudas of' mesa per cent sa year. It has ben aider the oper'iai tof thlis laegisa tio iahIn a thit senla af piower i riunl~iand hia's t'auirely ca'na godl in imodaer'n timsaes F~ormesriv, th aristerney blaa fiat-lif'hfsls of' thi propeta tof' the anationra hti snow atey hohill tone-sixthI The love'isrnmeniatI ihr '-w ise'lf' inhto a le ptiow' oaf thoset thev'~ coanl noaat 'otarsol, sand gsa v nsedae to enjitalisi t o s: ocks. 1:h inttrast'siad heareiry, to onme ofrantket poora' Tlhayi w'era' frmeirly, f'rom theair itnde peaenn'at wesnhh. ceeks uplaon thIte Cr'owni' ant st) naow. Tlhea wena'shhl of' thes kiama haas chitangeda, andai t hat r'eal poweit'ar is ini h C as o ios, rep'frcningail as at'y ala, s'apji nalisrs ina misaaf':arres, commieasnrt'a. sinr ~ stoceks; wihic'h i'll ineavit aly endl ina th prgrs of' eve'nraelin Sin unch'lt t'keds Crowi'i Th'le re.suila of1 nil lt'se gtn's re::taviamae r 11" 'aIl of 1-.:11lan11d, and passed this re L inarkb;ile secetion. u -Anil be it l'urthir riacted. lhat freru nonl aller the I,.t elay ol- Aii anii. 183-1 :a terieler eel - i ntle or not es ol tile ( itverniolr aod ( e'G , pitiuiy oil' tile lintk 4l' I'Iig lt!. ex lre-eA iin -at h ay-nble ta herer on detia:nd. slsilbe ;a Ie!Z;el eilder, tip the aintiut expire-,eil is) sulch 11414- or Illes, atid sh:l:rll be ii kel to lie. valil a :I temlnler to sneh inniiit ir ill Suims s ab ve live'. jitaI,, , in i .1l Irnitlees. ill all tu 1ri sai in ill elice., ill whiell .111 Ie iler of ni"nayt. ii:yI lie hv-,mily mlle ritrvilet, alway,, Thit nill sneli eoet- ir iote shll le d'ein.-l a leni teiieir d'p.a - rlnit by ale G4 verrnmar anni (-Ii3i1:1 fit' ef file liaisk f Ei. lltai.' 'l-lis it ill It seen Ib is - lsse. Iliat I l'e ihniliteel Io w er O' lie riii,h (Goverainent Ihs Iinile file IOtes ol'. I I llk oEl' il-: id i la.:1 fla der froan ll persion4 -tiil ;ill last.S, eX .e'pt Iroii tIle R:aink it,<-if. 'IThis great pritiple is Iestinel to c ll1s1ait f ilihat --- g, ii, u hich ias takenl plate ili .gl.,aum iil Ill. listrjibition l' wealilh, wiilst, Lal,. it tm; ts the Bank, i'i lueei. ;I sepierate estatc ir poli. tical piwer. It discarilb, ti-l iiecs-ar * %-I tif g l nil ,ilver. ten a greait exte't anI pr3:1c: 111call soh,,tittes papea -- ;Ie, n i 1a rene. .I 'la re'sulfu-t ie to throw ioi goi asilver I'rina El..-hlaidi, parno-tIlariu lilt. feitiitcr, as it i%& iaiw north ia :-e, il lill, eniilry. when corinilred n ith .ilver % bile she thui dh,, ers gobill. lIt u t4 tli. if we she tates till- lc -, tstalelt' cu irem-) lert i., taike lith -111ail; .inni1 it will giv< enir tajea il aid inilstry ;I wronatient asemdaticy al rhe iee t slhock 11hat oveirs. If*%,.(! iae tieral, i our mlutire pIlicy. te rin a carver nills 1rntBrai upni - at is n hieti -lthe has e-Stab-lisherl, weI 1111,1 fir-, usake on Giverniwiii as siroingi' ias hers, ail ueii. it, sle-.iny aid pa141 er wirh tile to .ier iire latin the ouitr . or everv. caill reis e O n lv ia l ion rnIn t a coe ns - to b em - i -i s ' i . Sitlatt this. Our sysein ill lhe low weif. i stainl the selitk. lit I-: -l1ai: . thev isac I a iiol idated interest, nail the Ini pote if Pirlianment alni s theai t <lelegate. to ;a aepLarate instiioia, coitrol Over I latever ilev chooase to cOnsilifilte las curreicy I Iere t le reverse is the ihct, Iintl tvci'-y bt'a. 1! roe -siver,-ieny f'nriaihe-, ciretli on- anil 1in 5S'- . . ti tIi leire eall Ie till 4e i.a 114,no i '1101n-.11 she sitly le p're4 - *% l I tlon is ..Ccntitionae e. rienicy, t1i ihil Iea CL s. ee' thin, I overnnetieI,r ie -, r 1:11) r k. ; ,ilver. I hiTno a r. - i l, l l sIli(-.. r ii pe 1. l . :5.t-t, iee lltan ari el i .i '.: li, the hea,.' -t .stubeae it~ so.ersi ignaiy. 'Tlue laeI l t 1)4), th er 11) inne lu t l .1 ;-1h1t 1 ier 'eneey, Ilf it is lo be sinlh- aIrnesti eight fo be as Ntrictl) ciliia if teit lie eci I reel 4l"seeigt aS to sinny co ,aea iead lit 11, isalue. In linhaId, % licie iIi-) have .in a no tiai i reveinie , :.IJtud, itil el 1 % leIvie-l ti'reii tvtery it .Ir t: the n ri, andi tlieursd, or itI oin't part, ninni .1 Sewll teirelere wii ua ilenutia it s aieerest-; lhie fti. e-ell iin.' aiel-a 1 I bie a n a ; t',e;is ige111. iea' iiitere.l i l'r b h re' i e aeverl'ese %% iiia .- \\ ith eaeei n aii t% rreinrx i linte sit% o) ineetil ;n aten1ip: It l'elltona l a Ili. -in uiNg lase a spltie4i1t 4i.'eria.int. .and uinigieI ni ne'althi cs eentrated eil certa.ii ltaii; liut liou %%ill lave lielweneu.li prtvin te.:il ;:aoi p andi enslave d leoplt. ised o i li te ari.tocrart' elt the tait 'w40e id, wc % till ia. ip it, pII ace tile practicatll powe) ci o t'rporations c ,0-4 Ills t 'ii tra li b %' lili. ;,tii l civiai,: ite:ei eeii r-% 1) Li cr Crtohverinenvit %%loen lando S4 ineh deire eI imbi bl I eirieiii ip parlei wealil 4 1and ge: oess iet iwe, la we wonll pay elear l'ir teit. it Iiot il-, we Ii ai.. It.. itieooiei, b u w will le' li er .al lisppajieir. Th1 eirani/.?iieonl oban6M ,, nlilt their credis, lutered .1r,l centrsalrs.s toy tllaiur ce ilietioi, thlitilh tih, i'eC Ie i ,,1 ;and il.lt] rstrnents, % ihli is, Goveie-. tenis toli ae the 'oneerae, en., 16o phee. &is :11ll derl lit- j : timo i l m. whoa litell a certiia '.peese tea t'i.tal. ye eni tof rltermtice it, te vi ou..Sl inICr*:,t 0l' tie' cOtiry. '.alimnary (oee.raiente. ls noe ,trena lier ibr ty, heat aiedt w'it:i tlas tei~aeen es .. eitle e. It einnsf berontee elespot:)!i .seiirit, tieuin. .e,.d the I ft lteene isa Ser .hIeni fte ,he'k~ andie btnae te.-; eetlir. Thle ee'ill dlieg. a at *as~s iestone'i.- ar lani the' poe sau iilinbi iun eel basnk., a. , .ere, ini ,eeine poe~ints t" jiw.jlist .it tl'hat ii .. ilhat Si eeropd -u ei ter-:e t theta.iv.w re in i7A . ilicn l'sati. e saie .t'y:ai/.ted an eir rtedeeniab.l~ ese. ,per ear.-illatieon: Leli elne'e';ly .as lenet ;..eei-d lhe-' - hn;i.;e ee enuo e. anud iii' deirahen io e :' 4. Ii taae . , y i e iueere' del'Je oi ejer iiusitant b1 e atere: uiti'tn , os '5:e a lien'e' Li e , iic's l; i fls ait p ie ilaet" . sii n, iiiten i l eces i n,'tae - it etm e ti e . au. elesh 'ien. e'iinel'h er'di r m ah l. tie-l as einai , arpl eai'i iseitl i e elehea~at' ii . (''ic .'' e. llieli'..ssa l~ies 'ieee.'l i efe.lret.lhaim n, indLie':er ient ho' - Iwa penh e''p' eral. ie 'he iliila:i. d s [e al '- e e. eer di 1itpse is ie.li'ieit . rse i sul n-l ianesnher esIt'li'g, pfint ~il.w as a ealitiont~m conneee is . I eit'ae'e nat'..i a m e srelt in~ -. d ti~ tr ;e em ln and 'ra' e.i~ li'trm t whecee ~isi -. h h ee . t etie 'iiteei ,Ianeli'a ee rni . .ae l a cr-shipt eI ais i prt ate itiw~ wor'.ld We' i'u et an expone, eiien luietee. -:the alcontra'hI i sie u e hc w. tbee-nel iwe'i wri' to eell hieb~ra' and hoa iv teii coelt rn ou r 1ae'is in reaiab-d . . ee Ii'i'l T .. I t sl e e dn' ow'nl l t' ft our'' a t p i lS or e St r mis Islet . Wt andlasj::d alsdi :fi en r. ese i. me'... and .. nellnne s edst'.e h er te e s-'.n'. b eh'm n ' selfp' nie eerse' re'a v's nah're n es ec lii'. downm rmto ur' lti pr.Sics!. dei a tI d een'i ,.-s :rve aetssl epitaleth-cn 'th st a me i ' u'r.s av . 1. , I va saiel iii 'es tls'ee oner pri cr enel' -rii 't e'e. contro l'.'m :e . Tis'i he at.h: ny 'It it wh-th 1ac ami le'y upon the formaer, whelnever a a;e;ikv, pl:ar. in tie commte reial world. it will , I I Ia !':rlandac. & a'crte to onir herit ai tihl lio-1:aaitas sin -i-a. in: tie- t va ire will Ie ti.e fnet 11 %%4! ein4ar it: o a e:eer wth Grcat ibrittain f'or tSventd i er% me. the' cnrroenc'y a: d cie thj ranis ati teetof -n ward IA-, e intercin! poin's are dle te I - rea l;r;;ain. S'he ex I I itatid her cur r'enea *i ci -n iit : a h leer ci tIl. The ectri.n eI I:. .hItt at i o ill -wr I.onl ai s ill ro leamn rfem! - te tnaet % nI a her. f6el tie .titumnt a(l tie eel a':' v ir.' ..l Th) ne.it 1,9v 'faj. ieprd a'r t e '.t" -ioa frl: the blnk li ballkers ol' 'mti. Al a when tall poinets heceorae iacagel* ttsh-hlttd. ude'r h oith rhe ie in exIt def cred it., he. tat '- net-, at: athrtphIt the baiek of 'Iae I. contim l I it'l fas it i.4 n% ih te lse cIwer anid reilit oil' .aver nme. e na Iarres tit' proporptivi, of /i/itmn. aini lIni .- pa, er i f-ile. Ai m n lat is ,it ' s. 'aiiecaie? -Thie ca''s itt her dlelts nn cd ;etqcc..la paym. t ite t 1 :ial and silver tar avitiae netls. A tinc-k tatles place-cridit COlltraaets If-pric'. till-atl tIhwa gretat sent fat' h:1 ion teal tle baikitg ponar he'ot e thet an.rtr ss wver the i Ice eri . the comtta aacreial wrai. Ahw -tits te vay tlin. toe ilte hi.'est price-. ied I;.en iar-ha-ea; at the Iow a. bI ok nit recent atetrs. lia :heI - ina le y !:.r f a ' 1-' . :.t ro n re. inl. chltiu. biaches.twohiindrd oalw t k lut ks ' Irental in iaghmid. Tioi w t .c d tie 'xiloansion -f err ath- anda 'e e:cion. 4 e. .\:c;h 7th,. le::7. lie' ai cf l':(f'gia hi ttmt need redniiig Ler b-atis. aile l i e r I ebve'eie'r lita- -lilth. h-:-. l .nd ac acethi. nllced then ntst fi-w Imomtil-.. -.ttnt o e:arly *-t.ttt0.0 ;l. lh e a'rensed i* adtl ion in the came tmn li - X:.1-21.1 (,0' or near - c.tt.0. Tids ae je at urse i'uwashloa!etd, ti rveleae.1 the! gvn ira eir'niation, nai hiea. to ithlr w% ith tet! eracdit iirvtahtitci ol' 40.4 Oa.t.00 aceala a caotiracian & near .P0,((0 (00 in nifle 'tI It Of. W'eI I; ! owt the i:i-acter.s n hich lave -t;rredl w'ith us since I-2l 31a.% . I-:7. t it to 'ec ti-ela. The lank al' ~:zII!andc va M a c- h Icc nttratiea call tlt- 7--h of' Alarch, andc '.'-- fel' ilmc --lea ie .hoik ait Aia fol w;.:. a:i ice aI fn% memal. as tile cotrartiota !r:w Aloer al closer. we nere thrownt into 'anat -'n--. Anl :o it nill eel Ice, as long as v art, ter-wed 4!i int th ltals aild mai career ativ.-e we Iave leretolore t'l'acwed. The truth ells wtle n% acltem of, e.pandledl atticd a'timuilaa d -dra cret- cotncected k itle (Goviiterlelellet hiv- nothetat tora nor le.ssthan rulice sagenila, cte a t i o f e a l ' a' at!a!e' ta t taut Britan. It ti an the sietl.; anl the pelriolical reverses '-ie ch-c Ih at tihra power to create, we are cotn I I1 d o ireeahe natives; either to . ekl cup onr :ccl alid ivr- r -e'rit.et o ac lepot ti er her bt eta:i-or to isstwi leocni-!s atd sti kis runllling l 'oll t-:eat lhiah at ra'. Thi last is bttt on it' h 'l e :wi awaire with n1 am1 u.I1alW11 :. a It In:.% tou b- said tact t'' I ant tekc a nd I- a 'c c' of i g!a d h hlil tie rn of power a - it, Wa' I co ntric.s-they -v. n;,ead t.e .,;Ee:;i at . ue:h bavo -rw' e d L. ie|, p 'a -p fy ' e th blodll of an eri. as tin- I t. -.I rnodrii tile. hy t-t Ii lne In pne thetm the ettty title of' :aroni, wr'.at wose prsence conairtiers slal le w. tld " -t ht- li lem ol' re t y itsel - % sp l:al I glitter. .Ir. Cliaaman. I aove th welh and tappet v'na t 04:-elV (1 t1yV coutlrllv. blt I lae, ctill nore. her itdpendIence. A .-I% e lea po% erty anod mit heble detti. ifyon will. rthee'r h'an to icat tur p %o%- 'ai t ie badtiges tf vasn!o. 'ith al te craln livery 41l hon 1nen I ev'y inth-n- &i ' uop ht be-ir ph.-rions literature. da at etoy atupcpcSe wt to b'. -till i love t1o ill: allt alle * % at lil.y owat co atery. lie, anse it Al ,the hltw'ru acte i 1 'cn ri ' thtrnaae iot ( ce 41h onl hi-g 1fwlwl- ol'Ilreedoenm t!he war at' teuer tcbatone "'" d. jsem/c ce Jiorerrrr it) my -'nttfr/;. ia tce i.t at.d dea'ett .1feielet of my T'!.,e w'ilr of Great Britain with stome very t-tl aci- ecae'itn-. cn tie'-' bij'tlSec caatlcIC. ccl wth' crr -'ey, aidt cretlit. wi ie. for ;hw iost l rt. t' 'lr-h mtires atnd tncepower of t .ret liritaina. I d nte hitethem.but t hle lt-- :e oflitte a;lhoi V \i'ta ce What is a'tr het intrest uiner ane sanda err"e tac. d1 it ea inra ed s tiem of "cadet-. i v eci''!revere for ithe V'. Sta es, a - ?.h. il it tutrta iw'cmet thee ' real re 'r 4 4t r a a'cela'rc'. atd t' e banking cr-edittar ot 1' ar. d. ( 1. 1 st:thle -1nd :al f e rreiec* v atid 4-.11en 1 liitt 41 'r'' ht sas'ten niha Us burli-Sa the ot r ot t a'are'. lrt::in. .\nt enireed anl ex ebi m, lt by her, giet her the attr- a't' ine ::11 coniilones. -'rative haes pr-ea tia- nttc iey ahI'-ted1'% frt'je'iing Iat h1' 1.1 Iw i ':.r'c'a'r tft' fotiltne' t'.a tl of'atali:i n . it ' Ial f t ei.- intMn tat ,i %%Ivll ita tle 'oe'ln twt* p--ar , ti ety-tiu a' Na a g a -2 o. lile title of Ii: : "'ie of 4 e' :tt leriitia a i rlaice." ' .i -h -:a- to 't lat ail titn\ a at :c prluA inLerit a'c.e the '::!ho ar. ' ' . w utld it a 1t ti day it a V:ti. , a e m nal , but wIt.'aatela! Ii alt .04 .a 'nlat': "a!-1:a!. in ali dIet- rad~ atcad de'ta'.:ding" .\a'lr.iti lt~ I h rt. . in t'tt t1-o' tpta'- t ic' cal theis ui t'ala. in n af li- ''act, dertti :wychol the saltnio rlet ican tat thae ' i:.l a- -tck iter'aesta the Nerthe thact the' n het!.' aoutraat' h.:at- tow~:ea'ds Gr'ca t thit-t ain. \\c. hath. thct a'aant'fe'e'aacv ntonld bec''ome~t 'caat'ee'r itt1 cahlce at'net faaI.'na' cf lice .aauth wat.til Ibe trib'tary.p i nte tiotho0-a wholte woictt htahl et thei'r ' etis the alh'.tinva tif cedait tact! '.:en . ti'otr. by Got't e rnowltici'tt. with tell its' dl-i ur-mnt.tt.t I .'t thec whoseac-c inestatmetts arc' it fha ndi a'! behtor blwe! lTh'ir tii:e, dep-aa'alsc ueacaa he. taitoerest! .\a! ciw mte' tao . tee. thee arte etc 'aect'at ir ta'- n ht .-' a~ie of ci ' it ie ' a'< uchtl ed' toc prt'oine'e t eeplte' unpe' int' m. n-fute e he it, itt a ' aa.ia'. at 'aairenow t'ael' -dac t a-ena I.c't p ath at'en whic r '-presenaa th'ecca' weihe poratt.n af tist I 'eifn rt' mtc'cnbtar that t!.''a -t.al oc tell modi ernt't itetprei a' n e t ta '.: .a/ti n catc toe coaae jsaiata till a'oc'ica'v 'c le j'iviwti m ai t whr'eatta) intera-t a'di l'cal Ifee'ints atre cc bet absottiahad ihre thae item clit ten:t i'' mcae.h-r.t Iu itt' ' o a a're'''titcn. 'c haerc thc '.t'i'aa.a'a'a:t'"'-'a''thiwata tljt ec a'ehc'r. Foarter'i hi . til'h eta' r''uit wi;. pt. rn 'c ce v pie-i Iorce imlrcst' and tiareas' at-t bront t et u it ow er. ''ner -.tli'eitc' ace''lnm taatta b ccen i itink f' tat futta. atam teltn myc c'' c-c to lhlandtec aof mny w.c'ith the' fora'eohntl emo~tiontt. thatt ru-.h uponi it. la t alhosea 'at hciae t:tttm'- n'ead whose'ac chIilenr alr athere, acndc the'rc t'e'revertat he''itatte, lontg heitatte, h.a.t'tree thttv donncay thrin.<r diretlya car itndiretly, tat -tra'l nic' -s ! te ha:J tc: of othetra, who mayv ho athrc'a' hv In'a rrecict iblc'e de'sti:ev. to' sweea'ap nr pte cedtiatr i tttenttitin from thet lea't' oft te t'aa tic; aced it' a 'a oc' n14 a'honhl -'tnrv'i'v te a'hck,!a at il only btt tie 'ir-i- otat a mis'eralel e'aistItnce of degrnded'; .' ai..laoy [nut I L'rriumr e nuranlO this nianfiu: