The North-Carolinian. [volume], March 23, 1839, Image 2

About The North-Carolinian. [volume] (Fayetteville [N.C.]) 1839-1861

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Nation's embraced in the inquiry of this com
'mittee: ;
rLThe amendment was rejected, and the re
solution adopted. ' Satisfied it never was the
-Intention of the House, by its resolution, to
authorize the committee to go into the inves
tigation of the actings and doings of all and
every 'collector and disburser of the public
money,', charged or not charged with, defal
cations; and believing that, if such was the
intention of the House it had no constitutio n
al power to invest the committee with such
authority. ' For though the House, in the ex
ercise Of its high parliamentary power, has
frequently raised committees to examine into
alleged frauds, it has never undertaken, by its
sole authority, to appoint a committee, as a
fishing committee, to travel through the coun
try and collect materials for the accusation of
the officers of the Government. So far from
tliis, the undersigned have always believed,
in mis free country, regulated by law, the ac
ceptance of an office by an individual, does
not deprive him of the rights of a citizen; and
before he can be called upon by the action of
the House of Representatives alone to defend
himself, he must be charged with some of
fence. That, however expedient and proper
it may be to supervise the conduct of public
officers charged or not charged with official
misconduct, so far as the latter are concerned,
it cannot be done but by a legislative act pas
n the form provided by the constitution.
Freedom ' consists in being governed by
known laws, and nol by the discretion or
caprice of either branch of Congress. .The
officer of the Government, against whom no
charge is made, however innocent, must be
blind, indeed, if he does not see his sensi
bility must be blunted, if he does not feel-
that the inquiry alone casts a shade of suspi
cion on his character: that, in public opinion,
he is more than half condemned by the act of
the House. Such proceedings, if tolerated,
are calculated to degrade the officer in his
own esteem, and in that of the public, and
the inevitable consequence is to drive from
the service of the State every honorable man.
" : Conclusion next iceei:.
:.' - . ' From the Globe of 9th inst.
MORE OF THE CAUSES AND CONCLU
SIONS OF THE WISE COMMITTEE.
- Yesterday we gave, in the very -rords ;6f
the committee, the "primary cause" assigd
by it for the loss of a million and a nyrter of
dollars of public money. " - - ; V 7
They say: "Cause 1. The-aresponsibility
of Mr. Swartwout in pevrniary character, -"v'
They say, second-because '"he was whol
ly irresponsible f, pecuniary reputations."
i uey thirdly, "mat his pecuniary re
PMfility and consequent involvements by
Hazardous speculations constitute one of the
pecuniary causes of his defalcation."
Responsibility and irresponsibility is the
beginning, middle, and end!
There seems to be some log about this
mode of accounting for Mr. Swartwout's
fraud, which makes the two first primary
causes of the robbery to consist in his "per
cuniary irresponsibility," and the third and
last in his "pecuniary responsibility." All
these points are laid down with a sort of
mathematiealccuracy in the report, but how
the opposite conclusions are arrived at, is not
demonstrated. There is a mystery in all
trades, and as Mr. Fog Smith has been dab
bling deeply in the credit system, in stocks
and speculations, he may consider it a part of
his business to confound the idea3"of ' pecu
niary responsibility and irresponsibility."
Tint, tn if a. it. Rppma a non senuitur to infer
, j ? - - - 1
of his own, was the primary cause of Mr.
Swartwout's making way with the public mon
ey. If he had been worth a million, he might
still have taken another million from the pub
He coffers. If he had not been worth a far
thing, he might still have respected the funds
entrusted to him. So we think, resolutely as
the majority of the committee avoid the con
clusion, that want of honesty in Mr. Swart
wout was "the primary cause" of the defalca
tion, that the country will draw that conclusion
for them.
But we recur to the"1 committee's mode of
dealing with their friend Swartwout, to con
trait it with that observed towards the honest
officers of the Government, whose hands were
never soiled with peculation. Mr. Swart
wout's share in the transaction is resolved al
together into "pecuniary irresponsibility, and
responsibility and involvement." This, poor
man, is his misfortune, not his fault; putting
him into place was a crime against him on
the part of the Government; his abuse of the
trust, and the recommendation of the Federal
ists to confer it on him, no offence in him or
them. Not the slightest suggestion of culpa
bility is found 'in the "conclusions" of the
committee against the Collector of those who
vouched for him: but mark how they draw up
the indictment against the honest functiona
ries who had not the slightest participation in
the robbery or the plunder.
"Cause II. Culpable disregard of law, and
neglect of official duty, by the late naval of
ficer at New York." .
i f Cause III. Culpable disregard of law, and
neglect of official duty, by the First Auditor of
the Treasury." u
"Cause IV. Culpable disregard of law, and
neglect of ; dutyi by the late and present
Comptrollers of the Treasury."
Every body "culpable" disregarders of
1 i r -.r: j..... u..- -m.
Swartwout. : Every one else is in fault Mr.
Swartwout is only unfortunate. The naval
officer the Auditor and both - Comptrollers,
ye.all culpable. Mr. Swartwout has the mis
fortune of being irresponsible ! ! ? - ,
nave been willing to fix the crime of Swart
weut on others. Mr. Curtis,- every New
' Yprker knows, is indebted to Mr. S wortwout's
Conservative operations, for his seat in Con
gress. Indeed his pillage of the public mouT
y was-the means .which enabled the late col
lector to organize, the Conservative party in
the city, which, by separating from the Demo-
1 mm ar nnrl unitinrV M7 1
ted Mr. Curtis and his colleague. -The in
fluence he exerted among traders dependant
on .him the. relief granted to them on the
bonds he purloined from the ' custom-house
the public money he expended in getting up
publishing the innumerable Conservative ad
dresses with which the city, State and Union
were flooded, gave the impetus to the faction
which, uniting with Federalism, not only
carried the city, but the State, for the party to
which Mr. Curtis belongs. As a member of
the committee, then, it is not improbable that
he felt it a duty to prove that he and his col
leagues were not ungrateful. But why should
they be unjust to others?
That they . are so, their own conclusions
show. They say:
"That all moneys received by Mr. Swart
wout as collector prior to 1837, were regular
ly accounted for by him in his quarterly re
turns to the Treasury Department.
"That the defalcations of Mr. Swartwout,
by means of fraud and false returns, com
menced in 1S37, and not sooner, and have
existence since that period."
These are the two grounds assumed by the
committee to exonerate Swartwout from fraud
in his accounts until 1S37, and charge the
public officers with culpable disregard of law.
They are both absolutely false, as will be
clearly shown in the sequel. But take them
as true for the present, and how does the con
clusion of the committee, "that the First Au
ditor of the Treasury has been guilty of culpa
ble disregard of law, and neglect of duty, in
examiuiug and certifying the correctness of
the accounts of the late collector at New York,
without having compared them thoroughly
with the vouchers accompanying the same,"
follow from it? If "all inoueys received by
Mr. Swartwout prior to 1S37, were regularly
accounted for, and if "the defalcations of Mr.
Swartwout, by means of fraud and false re
turns commenced in 1837," how could the
defalcation have its origin in the manner of
"examining and certifying the correctness of
the accounts?" According to the committee's
own assertion, the "moneys received were
regularly accounted for" down to 1837, and
from that time were concealed "by means of
fraud and false returns." No detection of
the deficit, then, could have been made before
1837, by any thing on the face of the ac
counts, which only were in the power of the
accounting officers, because they were correct.
The only means of ascertaining the deficit,
when all was fair on paper, was to examine
and count the money in the collector's depo
sitor iesthA a?.jafterJ837,vkhen the
.counts were falsified, the only means otde- 7
tectmg this was that adopted by the present
collector and Solicitor of the Treasury, viz:
by taking an inventory of the bonds, and
counting the cash. This did not belong to
the duty of either the naval officer, the Audi
tor, or Comptroller. The visitorial power was
not provided for in the law; and hence there
was no detection until an honest collector
came in.
From the Washington Globe.
W. C. Rives Reflections. It is re
markable that so little sensation has been
created in the country by the open desertion
of the Democratic party by the Hon. W. C.
Rives. It is the best possible evidence that
nobody is disappointed by that event. A
train of circumstances had led the public to
expect it, as a matter of course. The Demo
cratic party had given him up, and the Feder
al party stood ready with open arms to receive
him.
. The state of the public mind as exhibited in
this case, is a delightful illustriation of the
general intelligence of the American people.
It shows, also, how vain are the efforts of sel
fish and unprincipled politicians long to mis
lead them. Mr. Rives had been among the
most active of those who promoted the elec
tion and re-election of Gen. Jackson. He
had sustained him in all his vetoes, in the re
moval of the deposites, in all his measures
relative to banks and the deposite of the pub
lic moneys, and went as far a3 any man in
advocating "the specie humbug." He even
committed what seemed in the eyes of Feder
alism to be "the unpardouable sin," by voting
for "the expunging resolution." There was
neither waverinir nor doubt iu his support of
the Administration, until his friends failed to
secure for him the Democratic nomination to
the Vice Presidency by the Baltimore Con
uention. "A change then came o'er the spirit of his
dream." He seems to have imagined that
the majority of the Democratic party preferred
others to him as the successor of Mr. Van
Buren, and that the Administration might,
therefore, exert its influence to prevent his
advancement. Driven by mad ambition, he
immediately began to devise new means to
accomplish his high aspirations. Still pro
fessing friendship to the Administration, he
conspired with Tallmadge and others to array
a majority of Congress against it. The "spe
cie circular" of Gen. Jackson had been ren
dered unpopular by the ' denunciations of
banks, speculators, and their instruments and
organs. This measure presented itself as
one affording a basis for the rally of a new
party Defeated in the Presidential election
of 1832, repulsed and overwhelmed in the re
action of the panic war in 1S34, the Federal
party had not courage or strength to make
battle under their thrice baffled chief against
the triumphant Democracy, and were in a fit
condition to rally around any new leaders who
might present themselves on middle ground,
at the head of a portion of those who had thus
far supported General Jackson. Rives and
Tallmadge saw this state of things and, pre
ferring self to principle, resolve to place them
selves at the head of a new party.
- To accomplish this object, they seized hold
of the specie circular. At the session of
1835-6, they succeeded, with the aid of the
entire Federal party, in passing an unmean
ing bill through both Houses of Congress,
which was said to repeal that order. This
bill being presented to Gen. Jackson near
the close of the session, he neither signed nor
returned it, and thus it was defeated.
. During the whole of that session of Con
gress, the two leading conspirators against
the Democracy," were privately engaged ; in
sowing dissatisfaction far and wide, and at
tempting to establish a new press in Wash
ington, to be used as the instrument of their
nefarious designs. ' i
All this was before the suspension of specie
payments by the banks, and before the consti
tutional Treasury was suggested as a mea
sure of the Administration!
u lt was doubtless their . object to bring for
ward their hostile measure again at the session
of 1S36-7, and pressing it through both Hous- 1
es, with the aid of the Federal party, compel I
the President to veto it, or adopt a line ot
policy prescribed by them. They knew that
the firm and honest supporters of the Jackson
policy, would oppose their bill, and would be
alienated from the Administration, if it wa3 to
be controlled by this new and unhallowed
combination. In any event, they expected to
carry off all "tHe selfish and speculation part of
the Jackson party, and meeting the Federal
ists at some "half way house," to secure a
divided majority of Congress, and though that
majority attempt to control a majority of the
people. Had nothing occurred to mar the
scheme of these plotters, we should probably
see Rives and Tallmage, candidates for Presi
dent and Vice President at the next Presi
dential election, supported by the eutire Fed
era party, and such portion of the Democracy
as they could tempt or mislead. It was a
plausible scheme, and gave as high promise
of success as any scheme based in dishonesty
and deceit well can.
But this deep laid conspiracy to betray and
break up the Democratic party, was "blown
ky high," by the suspension of specie pay
ments by the banks. By this step, bank
notes were necessarily banished from the re
ceipts of the Government, aud as the conspi
rators were not quite bold enough to advocate
the reception of irredeemable paper, they had
no opportunity to renew their currency bill.
The ground on which they so confidently ex
pected to fight and conquer, was thus unex
pectedly swept away. This was not all. The
Federal party which "rises as their country
sinks," took courage from this general ca
lamity, and soon felt strong enough "to fight
on their own hook." Their old chief again
appeared in the field, and victory seemed to
Tollow in their train. They considered the
contest already decided, and thought they had
but to agree on their candidate to enable them
to take up the sceptre of power almost without
further effort. The conspirators, Rives ajed
Tallmadge, sunk into insignificance, and in
stead of being recoguised as leaders by the
Federal party which they expected to use as
the principal agent in their elevation, were
for a time, treated on all hands with theju
most contempt. Having for a,wj2,Vattempt
ed to occupy the positiorof "an armed ueu-
tfs?.Vy-" .and ftding the numbers recruited by
them from the .Democratic party too insigni
ficant to give them power in that attitude, they
have finally, first Tallmage and then Rives,
gone over to the Federalists almost alone.
From that party they are now looking for sup
port. Descending from the towering height
to which their ambition had soared, they are
now to rely on the success of the Federalists
in New York and Virginia, in coming elec
tions, to regain their seats iu the Senate. To
that the Democratic party can have no sort of
objection. If they prefer renegades, wholly
selfish, to their own long tried aud faithful lea
ders, it is no business of ours. Indeed, the
Democracy should rejoice in it, because it
will prove that the Federal party is as unjust
and ungrateful to its own faithful leaders as it
is prescriptive and illiberal towards its oppo
nents a demonstration which cannot fail to
weaken its moral force, in all future contests.
Although these men thought their motives
were concealed under an impenetrable veil,
the sagacity of the people long since fully un
derstood them. But it seems that men with
out principles will never learn wisdom. All
experience teaches, that mere unprincipled
manceuvering between parties for the purpose
of accomplishing selfish ends, can never suc
ceed in our Republic; Where is the man who
has attained any other than a momemtary and
infamous elevation by such means? Burr at
tempted it, and sunk to rise no more. Clin
ton attempted it, and was ruined. Clay at
tempted it, aud is a monument of blasted am
bition. Hosts of secondary men have attempt
ed it, and have been forgotten ; nor are
temporary rewards sufficient to save the treach
erous from contempt and oblivion. The peo
ple see through them; they are despised by the
party which they betray without gaining the
confidence of that to which they desert. Yet
these lessons seem to be lost oti most of our
public men. Scarcely do they fiud themselves
elevated to honorable posts, by the suffrages of
the people or otherwise, before they begin to
think of being President or Vice President.
Self supersedes principle as a motive of action,
and they begin to study, not what will most
benefit their country, but what will conduce to
theii own elevation. They become jealous of
all supposed rivals, and intrigue to pull them
down. They manoeuvre to advance favorites
whom they expect to make instrumental to
their designs Their thoughts are diverted
from their duty, their moral sense is blunt
ed, and, absorbed in self, they become blind
to reason and prudence. Unconscious that
the scrutinizing eye of the people is upon them,
they are understood and ruined before they
know it, and awake from their dream of pow
er, in irretrievable disgrace. It is thus that
the Democracy loses many of its ornaments
and leaders. It is thus that many a man might
lead bis party, and do honor to his country, is
lost to both, and becomes politically an outcast
and misanthrope.
This last example will be a touchstone for
the future. Every now and then we witness
little outbreaks, and hear of petty discontents,
which can have no other motive than a selfish
and restless ambition. It is not by jealousy
of others, or attempt to pull them down, that
men will rise with the Democracy of this
country. The people distrust the firmness
and faith of every selfish man. They expect
him to leave them whenever his ambition
tempts him to believe that his object can be
better obtained by a new alliance, and this
expectation renders his desertion harmless
when it comes. In fidelity to their principles,
and in devotion to the public interests and
business, can be found the only true and safe
hope of honor and fame. All other schemes
will again be delusive, as they ever have been.
The man who begins to think of seeking aid
in personal advancement from a party other
than that with which he has long acted, is al
ready on the brink of ruin. He is beginning
to give up principle for self. Let him run
over the history of political deserters, from
Burr to the last renegade, and read his own
fate in every page. Let him reflect that the
people will to-morrow, if they do not to-day,
comprehend the motives by which he is actu
ated, and will judge him by that standard. ,
FROM FLORIDA.
The Tallahassee Floridian of the 23d Feb.
says:
Our citizens have for the last week been
kept in continual excitement, by the reports
of continued Indian murders. In addition to
the massacre of Mr. Pindarvis, his wife and
two children, which we noticed in our last, we
have to record the attack upon three wagons
on the Magnolia road, loaded with provisions
for Camp Wacissa, about nine miles from
that place, in which four more individuals
were added to the list of savage massacre. A
Mr. S. Guess, of Virginia, who owned and
was driving one of the wagons, and Henry
Swan, wife and child, from Magnolia, were
killed, aud Mr. Blackmore, another driver,
was badly wounded in the shoulder, but es
caped, and was found disabled in the edge of
a pond, thirty-six hours atler the attack. A
negro, driving the foremost wagon, escaped
unhurt. The indians according to Mr. Black
more numbered from fifteen to twenty.
On Monday last the Tallahassee Guards
had a brush with the Indians in the Waculla
hammock, in which Mr. Hague was killed.
One Indian was killed in the fight. The In
dians mostly left the hammock on Monday
night, and made their way across the St.
Marks river, where they attacked and burned
the wagons. Our citizens with great prompt
ness repaired to the assistance of their unfor- j
tunate neighbors several companies have
been in pursuit but have returned without suc
cess. Gen. Read is yet in pursuit with a party of
horse, and we learn the regular troops have
returned and are now in the Magnolia ham
mock, where it is believed the Indians, to the
number of 40 or 50, are congregated.
All those depredations aud murders have
been committed within ten miles of the Cap
itol of the Territory, the regular troops in the
field being insufficient to guard the frontier,
aud from present advices from Washington
no further measures have been adopted for the
defece and protection of our citizens. We
believe, however, the Legislative Council will
authorise the Governor to raise, troops for the.
defexvrontierinnlre
cy, and until Congress shall adopt some effi
cient measures to close the war. Sixty or
seveaty men have already reported for duty,
and will to-day join those already in the field.
Sale of the Bonds. The National Intel
ligencer gives us, in the debate on the Trea
sury note bill of the 2Sth ult. Mr. Webster's
opinion of the much mooted case of Mr.
Woodbury's sale of the bonds of the United
' States Bank. As the Intelligencer rather
quaintly and coldly says: It will be per
ceived that Mr. W. sees no occasion to find
fault with the manner in which it was agreed
by the Secretary of the Treasury and the S&i
cretary ot War, to receive payment of the
bonds due to the United States by the Bank."
This is rather short of the mark.- Mr. Web
ster speaks of the transaction in strong and
decided terms of admiration. He approves
of the course of the Secretary of the Treasury,
(a new thing with Mr. Webster,) and says of
the agency which the Secretary of War had in
the arrangement: "I commend his course in
this transaction altogether, as manifesting
comprehensive views and practical ability of
administration." Richmond Enquirer.
A SHOCKING MURDER.
The details of a murder that has few paral
lels in the annals of crime, are thus given in
the Morgan (Alabama) Observer.
"We are informed from private sources,
that on last Saturday, a poor man who was
moving westward with his wife and three lit
tle children, aud driving a small drove of sheep
and perhaps a- cow or two, which was driven
by his family, on arriving in Florence, and
while passing through, met with a citizen of
that place, who rode into his flock aud caused
him some trouble to keep it together, when the
mover informed the individual that he must
not do so again, or he would throw a rock at
him, upon which some words ensued, and the
individual again disturbed the flock, when the
mover, as near as we can Icaru, threw at him;
upon this the troublesome man got off his horse,
went into a grocery, got a gun, and came out
and deliberately shot the poor stranger in the
presence of his wife and little childr The
wounded man then made an effort to get into
some house, when his murderous assailant j
overtook and stabhryUjAr to "the heart with a"
banking
WHIG PRINCIPLES.
Fundamental Aristocract.
JWeans to support it. Chartered
monopolies, with a powerful overshadowing
National Bank at their head all with exclu
sive powers, privileges, and exemptions pay
when they will uo pay when they won't.
Auxiliary principle. These chartered in
stitutions are above the people, and beyond
the reach of the Legislature: whatever public
mischief they may operate, however extensive
aud oppressive, it is remediless.
Fundamental. "A principle of common
hatred for purer men." Authority J. Quincy
Adams.
JWeans of carrying it out First: Twenty
seven columns of the National Intelligencer
of mad Wise's raut about the danger of the
President's power and influence, with an edi
torial puff in one corner, aud a sly boast in
auother for the chuckler, that so feeble is the
influence of the President, that his annual
message for two years had not even been re
ferred to the appropriate committees.
Secondly. To practice extravagance and
preach economy; to vote large appropriations
beyond the recommendation of the Executive
department, and beyond the means of the
Treasury, and then denounce by the week, on
the floors of Cougress aud through a Bauk
bought and hireling press, the Administration
for prolligate extravagance and waste of the
public mouey. Democratic Herald.
FEDERAL JUSTICE.
Mr.BiiMle recommends patience, forbearance and
I002 pu(Ji:rinsi willi debtors, as beins most politic,
humane and j''st. .Mr, Oiddie. is forthwith applaud
ed to tlii'1 echo as the very incarnation of every vir
tue which can adorn humanity. .I7r. Wooodbnrv
takes a similar course, and he is impeached anil
held up to the world as an embodiment of all that
is disl'onest and corrupt so foul that the whole ad
ministration, with some ten trillions of people are
necessarily and forever contaminated unfit for
confidence oiven up to a perpetual leprosy. Let
the people read the following-, and see what unsafe
guides to justice and truth are Federal orators and
Federal presses. Il is from the Nashville Union.
Mobile Register.
Harris, he Defaulter. W. P. Harris (no rela
tion of ours b' the way) receiver of public monies
at Columbus, Miss, was two or tiirce years ago a
defaulter to the Government in the sum of $100,000.
The Secretary of the Treasury maintained a cor
respondence with bins in the kindest possible terms,
and with that lenity which every honest and good
man shows a creditor whom he believes to be un-fo-tunate,
got a part of the sum due, and full secu
rity for the balance Thus by the judicious course
of the Secretary, the Government will not lose a
dollar by Harris. These are the facts; and yi t the
Federalists are parading the Secretary's correspon
dence with Harris in their columns, while Prentiss
and others in CongTcss arc making it a peg to han
speeches on, as a specimen of the Secretary's inde
cision, his direliclion from and improper discharge of
duty! Had Mr. Woodbury pursued a stern and rigid
course, the Government would prohably have lost
every dollar of the claim. Do 'hese Federal leaders
think the people have not common sense?
A Fair Business Transaction. A fellow
was engaged to a girl in Maine, but liked her
Bister better than he did her. Wishing to be
off with the old love before he was on with the
new, he asked his betrothed what she would
take to release him; she replied that about
sixty-two dollars she thought was as much as
he was worth; whereupon he ponied up the
dust, took quit claim, and married the sister.
Piccayune.
The Rev. Howard Malcom, a distinguish
ed minister of the Baptist denomination, who
some time since visited the missionary sta
tions of the Baptist Board of Foreign Mis
sions in India, has prepared a work giving
an account of what he saw, which is now
passing through the Boston press in two vol
umes. It will doubtless prove a work of deep
interest to the, friends of foreign christian mis
sions of whatever church. Cheraio Gazette.
APPOINTMENTS BY THE PRESIDENT. ,
William Marvin, of Florida, to be Judge
for the Southern District of Florida, in place
of James Webb, resigned. ,
William Milburn, of Missouri, to be
Surveyor General of Public Lands in Illinois
and Missouri, in the place of Daniel Dauklin,
resigned. . t .
scene, we are
i&wie knife. This revoltinr
informed, occurred in the presence of many
citizens, who, report says, never even lifted
their voices in defence of the murdered man.
The blood of a stranger rests upon them, and
the cries of a widow and three poor litde or
phans, among strangers, who suffered a fath
er's blood to be spilt for so trivial a cause, must
certainly pierce their very hearts, and send
the vengeance of remorse to the guilty soul of
such a diabolical murderer."
The Worth Carolinian.
fayettville!
Saturday, 31arcli 23, 1S39.
We find the report of the Minority of the
Committee of Investigation, too long for in
sertion entire this week, and will conclude
it in our next, accompanied with such obser
vations as a careful perusal may suggest.
OUR RAIL ROAD.
Could no scheme be devised, by which the
Town of Fayetteville alone, shall take all the
stock in the Yadkin Road, except the three
fiths taken by the State? Cannot the town
of Fayetteville, without any aid from abroad,
possibly effect the very desirable object of
owning, within its own limits, 500,000 dol
lars of stock in this road?
Let our financial veterans of this town set
their heads to it. The thing certainly can be
accomplished.
Let our bauk directories resolve to go as
far as their means will allow, in the way of
loans. Let associations be formed among our
wealthy merchants, within prudent limits, to
avail themselves of such loans. Let the town
corporation resort to every means within their
legitimate authority. $5u0,000 can be raised
by the town, with perfect certainty of its being
a safe investment. What would be the ad
vantage of this. The operations of the Com
pany would be brought uuder the control of
the people immediately and largely interested,
to ive them the most prompt and efficient
direction. The real estate of the town would
increase iu value, with the increase of com
merce, so as not only to justify the invest
ment, but to exceed, vastly exceed, any such
iuconsidei eble amount of mouey. We say in
considerable, in comparison with the great
benefits it is to purchase, to our now deelin
iug town. I
Others borrow money from abroad to ac
complish such purposes; why may not the
same course be pursued here? It requires
but perfect concei t of action, and a resolution
corresponding to the advantages to be gain
ed, to accomplish this all important airange
ment for Fayetteville and its citizens.
If no friend will oiler a project, to bring
this about, we .shall in a future number, pre
sent such hints as may suggest themselves to
our limited observation in matters of this
sort.
THE OLD DOMINION.
Say Messrs. Conservatives, Whigs, & Co.
Messrs. Federo B-epublico Nationals, &c.&c.
Is the "hero of a hundred well fought editori
al fields, yet sent to St. Helena? Hark! Do
you not hear his long Tom, again belching
fire among your ranks? Look to your mer
cenary conservative allies, the late "armed
neutrality." See your motley mixed multi
tude of office seekers, annihilated at everv
volley from the batteries of the veteran hero of
the corps editorial in the ancient dominion!
The father of Democratic Republican Editors
in Virginia, is at his post. ' He assures us of
certain victory in the land of Washington,
Jefferson, Madison and Monroe. Let the
Democrats of the country rejoice that Mr.
Rives's going over to the enemy with such
conservatives as he could carry with him, has
left Mr. Ritchie untramelled , by any kind of
connection with those who have deceived
him, into the belief of their friendship to the
Administration.
Let every man who can afford an addition
al newspaper, send on and take Mr. Ritchie's,
The Richmond Enquirer.
The. doctrines of the Old Virginia School
are the true doctrines for republicans, the an
cient paths are the safe paths; let our feet find
fhem and not fail to walk therein.
"1 CANT GET OUT," SAID THE STARLING.
"Disguise thyself as thou wilt, slavery, still
thou art a bitter draught; and though thousands
in all ages have been made to drink of thee
thou art ntfne the less bitter on that account.''
The story of the Starling in the Sentimen
tal Journey, reminds us of the cruel and mad
policy of the federalists in locking up the pre .
cious metals in the vaults of banks; thereby
giving to those monopolists the "better cur
rency," and dealing out their paper to the peo
ple in its stead. If the bright doubloons,
eagles, guineas, and other gold coins, pent up
in the vaults of the banks, like Stern's poor
bird in its cage, could be taught only four
words of English, they would chirp perpetually
as did the Starling "I cant get out." They
would tell the country, suffering from the evils
of bank expansions and contractions, "I cant
get out" to relieve all your distresses, by fur
nishing for your use, a safe measure of
value, not subject to be changed by the tricks
of banks and bankers.
We are led to these remarks by Mr. Hale's
article of last week, on the subject of small
bills. We do not understand, however, in the
first place, what could have given rise to the
public notice of this subject, in the article al
luded to. Any dealer who has need of silver
change at his counter, has nothing to do to
supply his wants in this regard, but to step to
the bank- with their notes and procure it.
And besides, if it be so desirable to encourage
the banishing of specie from common use, to
a reasonable extent, so far as we have observ
ed, the South Carolina banks are gratifying
those who, with Mr. Hale, desire this, by cir-
cuiaiing meir small notes, now so common
amongst us.
But again, to what purpose is it, that pub
lic attention is called to this subject iu the
Observer, at this particular period, when
there can be no legislative action on the sub
ject to meet the editor's views, for nearly two
years to come?
It would have been a more suitable period
to stir the matter, while ufe xlegislature was
sitting; and the editor of the Observer must
have observed, that a member from Chatham
county, did call the attention of the Senate to
it, by introducing a bill or resolution we for
get which on the subject. Why did we not
have the efficient aid of the Observer, at that
time, in favor of small bills?
But is Mr. Hale deliberately and earnestly
of the opinion expressed in the article aullud
ed to? Does he dispassionately believe that
the re-introduction of the exploded shin plaster
system in this State, will be a public benefit?
If he does, we shall regret the acknowledg
ment of having formed too high an estimate of
his financial discernment.
We hold opinions directly opposite to those
contained in the Observer on this subject; aud
although no proficient in the science of the
matter, we think that a mere skimmer on the
surface would be prepared to meet and refute
any argument on the other side of so plain a
question. v
We advance no new doctrine when we say
that, the only plain common sense means of
restricting banks from improvident expansions
is to limit their issues to notes of the larger
denominations. That by larger denomnina
tions, (as applied to our own State's present
condition) we would be understood to mean
notes of $5 and upwards we would say $10
and upwards, provided the regulation should
have a prospective operation, so as to let the
bauks and the country be gradually prepared
for it. ;
Although, in the present condition of finan"
cial arrangements, we are friendly to the pru
dent use of banking institutions, yet we pro
fess to be of the ultra party, in what has been
called by the whig editors, "the gold hum
bug system." And we do not hesitate to a-'
vow the belief, that but for the depraved public
appetite for paper money, pampered by long
continued indulgence in excessive bank is
sues, the one hundred million of dollars, now
probably in the country, and chiefly hoarded
in the banks, might, with proper legislation on
the subject, be made to constitute an adequate
circulating medium for all commercial purposes.
Itcstooli--Arootonlc Arooatic Arestoofjli.
How shall we spell it? How do the Indians
prouounce it? We find the British uniform- -ly
pronounce it Restook, and as this is the
shortest word and the easiest pronounced, we
prefer it, aud shall hereafter print it so until
better advised.
The above is from the Kenebeck Journal,
printed at Augusta, Maine. If the t4down
easters," away there by the very river itself,
find such difficulties, what wonder that our
poor Carolina authography should have beea
so much puzzled in a former number.
We merely extract the article from the
Maine paper, that those who feel at all pug-,
nacious, and intend to volunteer to fight on
the banks of this river, may know how to spell
the name of it, when they report themselves
to Gen. Scott iu that region. This is a very
comfortable middle-ground which we occupy,
in many respects, besides climate, soil, &c.
We have no uncomfortable calls for militia, .
now that the tribe of Eoueguski is over the ,
Mississippi. This we allude to as .merely
one of the circumstances iu sat istics, peculiar:
to the old North Slate, entitling her to distinc
tion among her sisters.
"THE WINDY SUNDAY."
The charming author of the "Sketch Book,',
has given us one of his most delightful enter
tainments, by observations made on the sur-. '
rounding scene, during his confinement to the:,
gloom of a tavern on a "rainy Sunday." Ho
not only amuses us by remarks upon the chick
ens in the stable-yard, with their tail feathers
washed into a mere string by dint of the trick- '
ling humidity, down their backs, as observed
from the back window of his apartment, but
when the shower ceases, he talks of the glimp-!
ses of pretty ancles as exhibited in the streets
of the town where he was, by the necessity to
which the church going fair were put, of rnak-j
ing the suitable arrangements for jumping the
puddles of water left by the showers, , in ; their
progress to the church. . , ' ;
W7hat are such glimpses in the Flanders
beauties of Old England, when compared to .
the furtive glances, stolen ,in our own streets :
on a "windy Sunday." Oh! my sage politi-;
cal whig worthies, and you the sober, .prag
matical commercial gentry of the countings