- "i -
"CHARACTER IS AS IMPORTANT TO STATES AS IT IS TO INDIVIDUALS; AND THE CLORY OF THE STATE 13 THE COMMON PROPERTY OF ITS CITIZENS.'
IIOL,3IES Si, JJAYN
FAVETTEVILLE, SATURDAY, JULY 17, 1841.
THE N 0 R T 1 1 C A I! 0 L I X I A N .
Per annum, if paid in advance, S'2 I
i'O it paid it t 1 lie end of C, months, 3
Do if paid at the end of the year, 3
Rates e-f Advertising :
Volume 3. If umber 125.
Sixty cents per sqinrf, for the first, and thiry cents
lor each puhscquenl insertion.
A lihera! deduction will be nuid.j to a hertiscrs by
the yi nr.
Court advertisements and Sheriff's sales, will be
charged 25 percent, higher than the osnal rales.
All adverti:- incuts sent for publication should have
th-i number of insertions intended, marked upon
them, otherwise they will be inserted until forbid,
and charged accordingly.
No paper discontinued until arrearages are paid,
except at the option of the Editor.
No subscription received for less than twelve
in'Lettcrs on business connected with this estab
1 ishment, must be addressed Uoi.mks c Uayne,
Editors of the North-Carolinian, and in all cases
jtZF Subscribers wishing to make remittances
ly muil, will reinein'sjr that they tan do so free of
postage, as I osl masters are auluon.ed by law to
letters enclosinir remittances, if written bv
t hemsel vc
or the could, is known tolli-m.
Prices of .lob IV
oi .1 o; 1 oi k
HAND BILLS, p;iutcd on a medium
or super royal j-hcet, lor 30 cop es, 2
For 50 copies, 3
And for every additional 100 copies, 1
HOUSE BILLS, on a shea from 12 to IS
inches square, 3i copies, 3
Over ltJ mi lies, and not exceeding 3;, 5
CARDS, large size, single puck, 3
And for every additional pai k, 1
Smaller sizes in proportion. '
CLANKS, when printed to order, Lr 1 quire, 2
And for cverv addi'iona! q:ii:e, under 5, 1
Exceeding 5 quircs, 75
CIRCULARS, INVItVION TICKETS, and
all kinds of B OK&JOlTINTlN'aL executed
cheap for CASH. '
THE FOLLOW IN O
B L A N K S !
Kept constantly on hand
AND FOR SALE AT THE
c ai?ozi?iiati crrscn :
CHECKS, on Bank of the State, and Cape
I "car Bank.
PIK SECU riOX BONO-, Supr. Ct.
MA II HI AGE LICENSES
VEND! EXPO., eons'ablcs levy
COMMISSIONS to take depositions in cijui-
tv, and Supr. court
A V ' E A 1 1 A i C E LH ) X D S
WRITS, Superior and Co. Ct.
OA. NA. Suor. Ct.
L DICTA! !vTS for A IF ay, and Assault
and Ba't rv, ( "o. aed Suo. Ci.
CERTIFICATE.-', Cl!;. Co. Ct.
Jl'RY TICKET .s
!U EilS 10 ov i-fM is uf Boadd
JiASTARDY P. ."DS
TAX 11 EC EI P I'S
E.J ECTAJEN I S
I'ATILt L NOTICED
LETTERS of A I )A1 i N ISTil AT'lON Bonds
Co!isl'il)le':s Cn. fvi. Bonds,
Do Delivery do
Superior Court Fi. En.
County Court Sej. L'n, to re
County Court Sul'ptEnas,
Superior Court AY:n rtnts,
Bonds for Cofrii. A pi entires.
from me in the neiTl.l.orhood of
Ilal!, B!a,dcn County, my Nearo
Man Henry. I think" it more
than probable that he will lurk
about my plantation, Fayettevdle
and CaiTer's Creek, in the neigh
borhood of John Robinson, Esq.
Henry is about tbiity years old,
veiy Mack, six feet lii-l and weli
proportioned. Iln niav lurk .ilmut
mm-.?!r- ' ' -j
--A-ag- ir Xathan Sikes', Favetteville,
to whom I hired his wife I will jrivc TWENTY
FIVE dollars reward to anv jiersiln who w ill deliv
er said neiro to me, or confine him in anv jail, so
that I net h'm cgain.
WILLIAM N. AriJITITED.
Prospect Ha!!, Bladen Co., June -J, 1311. 121 -tf
s rtmcnt of
Slioes and Boots
rlHE Subscriber has received his Fall and Win-
M. ter supply of Goods, embracing a
Hats and Caps, Hard Ware
Cuth ry, Crockery and Glass Ware, Wines an.f
Liquors, Groceries of all kinds, Patent Medicines.
Paints .and Dye Stuffs, Halters materials, &e. &c.
The Stock is very heavy, Merchants art invited ti
call and examine for themselves. South Carolina
money ii-Hl be taken at par if paid tctcn the
Goods are bougjil.
G. B. ATKINS,
Oct. 26 1839. S5tf. Foot Huij-Mount
Gardner and McKcthan,
it . !!i
where the various
will 1 10 :
iv: I sin;!
s" ! I ner
5th of October, the subscribe!
this town, a si li 10I f r bovs.
ranches of Enid.sh and Classical
be tauiif. The charge lor Tuition
, p'-r Ptiii, f.jr all eniraged in Ob.s-i-
s and the
an uim. Eorthe or'i iar' brandies of En-
!i stiida's the charge will be ;s i 2; per term,
tuition in all cases lo be paid in advance, and no
student received for less than a term. The year
will commence, on the oth of October, and close
iar!v in Auipi.-t, with no inter--cn'-n vacation e.
copL an oecTsional recess ot a few days. 'No dedue
lion will be made for absence mil ss by special
-. rrri-r-'ucot Ihiviii" taken a -omnmdious iiouse.
t!i"e subscriber wi'.l ai'commodate a number ol board
rs at U p'-r annum, ine'udinr lod :i:ir. room
iuel'a.ul Iigi is. SIMEON COLTON.
Favetteville, August IS, IS JO. 7C-tf
' T-"' id -ifevil e Obs rver and Wi'ininitoii Ad-
1 -. . , t i- ,
iti-er will please copy 10m wccks.
and LurnbtT Agency
rW II 11 sub.-eriber - in aRend to the sale o
Ji.1. 'I' I M P,ER, LU.MBEI5, e. in the Town o
oni: v iio
ViImin'ton, ISorth t.arolma, 1..: a i 1 per:
v f'.ivor linn with theirc-oniie.issn n
hiinselfto procure fort hem at al I times the highest
irii-.-sfnr such art it 1 cs a s t he v ma v t r us I to ha?
m:i n.i moment . 1 le isi 11 ro ivcv conixctedwi
St earn Mills, or thei r A ireut ; and wi 1 1 live the best
c-r-.-urit vfor the faithfu idischarge o( 1
A L'f" 1
SVi I m in it on
"jfTTAVE now on hand, and for Sale at very Re
M s duccd Prices,
5 four-wheel Buggies, very light,
3 Buggy Gigs, do.
5 Sulkies, tlo.
G Spring Wagons and
4 Chair Wagons.
1 1 j-
iiso, a A crv iaro-e assortment oi
which wq arc daily finishing.
Also a general assortment of
Coach-Maker's materials kenl
constantly on hand and for sale.
Persons wishing to buy, would do well to call
and exauiiii" their work, as they feel confident they
can make their work as well, and sell it as low as
it can bo had from any jcgular Northern Establish
ment. All woik made and sold by them is warranted 12
months, and will be repaired without charge, if
they fail by bad workmanship or materials.
Repairing neatly executed at short notice, and on
Orders thankfully received, and promptly attend
Fayetteville, March 12, 1S41. 5G-tf.
5 Ih'kins (assorted.) Some
very superior, at prices from
5 to 1(3 cents per pound !
for sale by GEO. AIcNEILL.
Nov. 21, 1S40.
WT. Ale IN TYRE has now received a g;od assoit-
incnt ot irooiis 0011 irht at the JNorih, out of the latest
arrivals, and since the recent decline in the price of
Superior Cloths ; Blue, Black. Green, and
Fantaloon fctuifs; Summer Cloths ; Game-
I t y T TTX -It- -- -
ucroon ; i.nmnnets ; Linen JJrillin; Nest
ings ; Common, Tlain and Printed ; Shilas ;
1 unfed Lams ; Jaconets.
Calicoes; G ighams ; Iiibbons; rncy
iiandkerchiefs and tloves; Irish Lumens
3Ianchaster Shirtings; and Family L,ong
Cloths; Linnen Diapers ; Palm Leaf Hats ;
Hoods; Florence Braid and Straw Bonnets ;
Umbrellas and Parrasols ; Wool and Fur
Hats ; Boots and Shoes ; Crockery Ware and
Those w ho wish to purchase goods', are respect
fully invited to call, w here they will find as many
art cles, as they can expect to find in a toro
April 21, 1811. J13-3mo
STATE OF NORTH CAROLINA, (
Jjlauen County y
Superior Court of Law, Fall Term, 1 840.
Ann Simmons, vs. Wm. Simmons. Pet. for Divorce.
-It appearing to the satisfaction of the Court, that
Wm. Simmons, the defendant is not an inhabitant
of tlvs State, it is therefore ord. red, that publication
be made in the Carolinian and FaycttevillotJbser-
vur ior inree niomns, nolliying saiu Ueteiniant to ap
pear at the Fall Term, 1811, of this court, to answer
pieml or demur to saij petition, or the sfrme will be
taken pro confesso, and beard cxnarte as to him.
Witness Alexander McDowell, Clerk of said
court, at oflice, the 5th dav of February, 18-11.
ALEXANDER McDOWELL Clk.
1 1 3-3mo
BARRELS CUT HERRING, j
is n srrels A hole ITerrm?.
j0 Half Barrels Shud. B-ine expected by
tho Henrietta LineTx For sale bv .
May 28, 1841. HS-tf
layeticviilc, Xortli Carolina.
F31IIIS ESTABLISHMENT will be open aftci
ta the 1st
and direction of the Sulscriber. The House
been thoroughly repaired, and will, in a few
be well furnished: and every effort will be made to
render it worthy of patronage.
.liters I 3, 1S39. 23-tf
icriThe Augusta Chronicle (weekly,) Raleigh
ne'iter and Standard, "Wilmington Advertiser,
Grei.'nsbnroii'ih Patriot, Salisbury Watchman, and
Cheraw Gazette will insert the above three months
and forward their accounts to the subscriber.
four dollar note on the Bank
nd three other notes, to-wit : Oue of forty dollars
. .1. 1 K41 N' 1-
ma-lc pava'ee to me oy Aiaiconi niriicr, tiiia in
IS', i liir- rror:c:r I :iv
.1 an uai v
of sixty doll
r v w - j infill iiip iii .t ii- i Igall. a UbX ' uukJ uiiuaj uuiy y unu tiiio oil .
other business, I now oiler the establishment ment win go ipto operation on the first day of July,
BOXES Fresh Sicily Lemons !
Expected by the Henrietta Line.
For sale by GEO. AIcNEILL.
Fayettevi'l? May 28, IS 11. ' 113 tf
For Sale foircasli only.
525 Casks fresh, Calcined Plaster.
25 Casks Water Lime and Ko-
iii a li Cenient.
150 Casks Tliomastoii Lime.
200 Bushels of Hair for Plas
.tain also prepared to do any job of plastering or
brick laying in the bi st manner, and on the most
reasonable terms, tor any who will favor inc with a
call, at the old stand,
3 Ioors Soutli of tlie Market
JOHN E. PATTERSON.
Fayettevdle, June 29, 1841. 4t-123
A COMPLETE and thorough re-organization of
Z3athe Patrol System of the Town of Fajetteville
is ordered by the Magistrate of Police and Commis
sioners ct toe Pown. 1 o ellcct tin,-desired object,
it is necessary that e very person subject to do Patrol
uuty ha enrolled, and a strict performance ot duty
rnl'firr.i d. 'Therefore, this is to notifv all nersnns
that 1 shaft proceed to make out such Roil and di
vide t into. Companies of six. (As many Compa
nies have been formed under the old arrangement,
I feci unwilling to disturb them, and will consequent
ly all rd persons composing them an opportunity
of continuing tho same, if they will leave a list with
me.") It is necessary that Companies be ordered out
t- . rvT ' l 1 .jfcT Jc I .1.... 1.1.:
ior n igui a mj nuuu nua uuty, unu mis arrange
From the Baltimore American.
A correspondent has sent us for publication
the annexed list of British vessels of war and
merchnnUmen captured and destroyed by the
American arms during the last war with that
nation. His object appears to be, to afford
practical illustration of the ground which he
assumes, that preparedhess for war on the part
of this country, does not consist in having
is large aud powerful a Favy as tliat of other
nations, but in our ability to cut up their com
merce, as was done in the case ot Great Bri
tain. We re-publish the list, as containing
particulars which many have doubtless forgot
ten, and which very many have never known:
Last of British Vessels of War taken bv
the Americans in 1813 to 1815.
of the Wilmington Advertiser for sale.
I do not know ofa more eligible situation
for persons desirous of cmbaikinir in the
It. COCHRAN, Jr., Director Patrol.
June, 29, 141. 123-3t
than 'Wilmington, North
Wilmington, N. C.
F. C. II1LX.
Tri miner iiiisl Harness 3Xal:er.
T!r& EG8 leave to inform the public, ihaJle isTpre-
JL oared to do all kinds of C A RRI AGE TRIM
MING and HARNESS MAKING, in short time;
and on the most reasonable terms for those who may
favor him with a call.
lie has now on hand and fjr sale at reduced
Elegant Brass and Silver-mounted
Gig and Sulkey ditto, ditto,
Buggy ditto, ditto,
Japan Gig and Carry-all ditto,
Ivory-mounted Trotting Whips,
Gig and Wagon Whips,
Wagon Bridles and Collars,
Hiding Whips and Spurs,
Bridles and Martingales,
Coach Lace and Morocco, '
Knobs and Tacks,
j- Gig and Barouche Tops, and second
hand carriages, &c., Repaired on the most reasona
ble terms, and at snort notice.
Orders thankfully received and promptly attended
All work done by me repai red without charge
if it fail bv fair usasic in a reasonable length of
Favetteville, April 27, 1341. lli-tf
1 1 1 'm
Names and Guns.
N. C. Feb
i isd utief tis
. -2:,, 1-tf
31 I I, I a T O
FpUHL Suhscrilicr naving recently o cned a new
JE2 -piarrv of superior :riit, is prepared to furnish
;uiv nunibcrof Stones, either ut tho piarry or at the
store ot C. J. Orrell, Favetteville. The .juahty ol
I he .Voorc county Stones is fo well known as not
to need descrintion, and the Subscriber will war-r-n.l
all stones s..!d bv him. If they should not
..rove to be cood, another pair will be furnished
without charge. The price is lower than hereto
Persons " ishincr to purchase,, can apply m prr
foii or bv letter r.ddrepsed to Carthage, Monro
,ounty,N:C. with description of Uicd.
Moore (' nnty, April 20, lS:jy. 8 tf.
psS GliOSS, HOLMES' Improved Fnc
lion Matches, ut received, and hr
lehy the Gross or Ioc", n -Krk. .rlick nnJ
warran ten'. A pply to - J A M LS M A I. 1 1A L
A constant supply of the above kept en hand, and
will be sold low. fp tell again.
cnd.tr 5, 1CL
tiayaiie to mc ov ir.c sain iiaicom
Turner, due in January IS3J, one of thirty-five dol
lars payable to me by Hector Turner, and Malcom
Tumor seeuritv, due in February 1840, the precise
dav et the month said no'cs were e ven, not recol
lect d, but wete as above stated. 1 berobv forewarn
n"v pivl .11 or.ons from trading for anv of tho above
i!c-t i .: .'. ji-'j ir-, ortaking any of them cither for
colhction cr pavmcnt.
May 12, 1S4I.
.Vi-Tit Carolina, Moore Coitnli;.
Sworn to and subscribed, before mc, the date
i tic w r 1 1 1 rn
Swekn- M. S. McDonald, J. P.
1" Virtue of a Deed of the Court of Equit v held
for the Count y of Cumberland at Spring Term
1 SI 1,1 will expose for sale at the Court House in
Elizr.bcthtown, Rladen county, on the first Monday
in August next, all the interest of Stephen Ilol
linrrsworth, dee'd., in the Mill and Lands lying and
brine in the Counties of Sampson.Rladen, and Cum
berland, and known as the Mallet Mills. The sev
eral tracts of land attached to the Mills,' arc suppos
ed to contain fifteen thousand acres. The lands are
well timbered an J the M id situate on a never fail
mr Stream (viz.. Clack River) and a fiords a good
o'uV.rtunitv for those: who are disposed to embark in
such business. The interest of said llolhngswoi th
is one-third of the same.
A credit ofsiv and twelve months will be given
tiic pun baser, on giving Bond with approved Se
curi! v. tor the amount of the purchase money.
ARCIl'D A. T. SMITH,
Clerk and Master.
June ipth, 18-11. 121-lds
for xi: rr jvouk b cheap.
Blunt's Creek mill
thoronsrhl v repaired.
Wheat will be received and
ground with despatch, v or terms
aonlv to GEO. McNEIIJL.
IdT Cash paid for wheat.
Nov. 20, 1 S 10.
For sale by GEO. McAEILL.
Nov. 24, 1S40.
First quality "VYTNTELl pressed.
For sale by
December, 1 Sth.
- Mrs?A BROWN
tCiUtD Respectfully inform the public,. jind
especially her friends in the adjoining coun
will take boarders bv the dav. week, i
month or year, transient or permanent.
Tn (hrisn Avhn know her. she bones
-'w-S1''. ee nccja no recommendation, and to
others she will only say, her exertions shall be to
Her residence is on Gillespie street, at the Mum-
ford House. The stages arrive and departs imme
diately opposite her door.
Fayettevdle, May 8, IS 11. 115-tf
The Observer will copy the above one week,
and send the account to this ofiice.
J. & J. KYLE
HAVE just received by the last
arrivals from the North, a large and
general assortment of
Jlmong ichich arl
1S78 Ticccs Calico ; 150 Pieces Printed Lawn ;
Ginghams; Plain Muslins ; Bishop Lawns ; Irish
Linen ; Lawns St. Diapers : Linen Cambric H'kfs.
3-1 to C-4 ; Drown and Bleached Domestics ; Black
and Colored Silks; Bombazines; Linen Drilling';
Rawan Cassimere ; Kentucky Jeans ; Blue, Black
and Colored Cloths, and Cassimeres ; Sattincts ;
Carpets, Ingrain and Cotton ; with many other ar
ticles, all of which were purchased by the package
at the late auction sales, and will be offered very
cheap for cash, or on time to punctual customers.
Also. On band, Anker Bolting Cloths, at about
one half the former price,
June 25, 1S11. 122 -It
GOOD Assortment ol Piano Fortes may con
stantly be found for sale at the Female Semi
nary. JMiquire oi me j.'t;iijii'iL,rs ot tiic t?JiAJ -
UNARY, or ol Uoi.. S. T.I1AWLEV.
FaycttcvillejNov. 30 1839. 40 tf.
do do (ano'r)
Lady Mary Pelham,
Duke of Montrose,
Duke of Gloucester
Br whom", Taken
Destroyed at Yoik.
Destroyed at Mobile.
Priv. Decatur, 7 guns
Priv. Dilligent, 10.
Priv. Chasseur, 12.
Priv. Perry, G guns.
Priv. Tom, 10 guns.
Priv. Saratoga, 14.
Priv. Fox, .7 guns.
Go. Tompkins, do
o-a 126 Harpy,
GEO. M c.N FILL.
12, 1841. 103-tf
Cat-ks Thomastown Lime, for sale,
12, IS 11. 103-tf
f up and committed to
tlie Jail ot Cumberland coun
ty,- on Sunday 2"lh inst., a negro
man, who Fays his n:mn is BOI,
and savs he belongs to BRADLY
1'EttRY, of Beaufort count', near
Washington, N. C. Ssid negro
is about 22 years of age, dark
complected, f-pcaks slow when
spoken to, th:ck lips and flat no?c, and is five feet
three inches high- The owner is requested to come
forward, prove proprty, pay charges, and take him
awav, or he will be dealt witli, according t law.
W. L. CALLI AS, Jailor.
Favetteville, April 27th 1511. ,1 1 1-tf
HORSE & SULKEY,
A gentleman having a Sulky and Horse, would
like to sell them at private sale. The horse
works well in gear or makes an excellent saddle
horse; is gentle though spirited. It may be con
sidered a great bargain to any on wishing to pur
chase. TERMS will b? made known at this office.
Fayttteville, Juna 5, IS II. 1 19-tf
10 Lake Erie
62 vessels, mounting 870' guns.
Last of Merchant Vessels Cardured. from the
British by the Americans, in IS 12 to 1815.
364 ships, mounting
61 0 brigs,
135 sloops, few armed.
750 vessels, besides the above,
62 National ships U3 above
2122 in all
31 ships of war were lost at sea
during the above time,
which may fairly come iutoj
duce to5 their interest! (not the people's) they
will suspend ; provided public opinion is not
more terrible to4tfem than their own pecuni
ary loss ; and if public opinion were healthy
on this subject, it would always have this el-
feet. Buj our legislators are first corrupted,
and, being, usually men of influence, they
corrupt the opinions of the people, and the
result is fraud in suspension and innumerable
; 6i No checks that have ever been enacted
to secure fair dealing in banks, have ever
produced the effect for which they were in
tended. The practical operation of these in
stitutions is so little understood among tho
mass, that once grant a charter to unscrupu
lous men and they can defy them all. Money
is the greatest lever in society, and he who
possesses the power to make it, can move the
world as he pleases. Tlie people, therefore,
without fully comprehending the details of the
system may insist on oue thing viz: that
character for prudence and honesty shall be
the first qualifications for a bank officer. Let
them do this and ihey strike at the verr root of
the evil. '1 he thiiir is easv. if the neODlobe
There is now a new plan for a bank before
the people. If is full of what financiers call
" checks and balances," and it looks very
safe and pretty on paper, but is any one sim
ple enough to suppose that it can be put info
racucer it so, he is a credulous man, and
las failed to profit by the innumerable lessons'
which have boon read for past years.
From the Globe.'
Remedy for the Agitation of the Abolition
Cluestion in Congress.
A member of Congress'sends the following
to the National Intelligencer,' from the South
ern Recorder,' as a recipe ogaiiis! Abolition
agitation fn' Congress:
" In reference to the outrageous asitation of
Congress, (says the Southern Recorder,) upon
this mntter, we do Hot believe that the people,
as such, North, or South, have anything to do
with it. It is the mere work of politicians,
to excite and agitate the country for selfish
political purposes. A nd the agitators deserve,
as they receive, the execration of all cood
citizens throughout -the Union. "VVo believe
there is buf one way to stop this nuisance-.
Let the press, at Washington, and the letter
writers from thence, cease to report whatever
takes place oh the matter, and let the agitators
have it all to themselves. The peoplb do not
want to hear it, we know ; and if this course
were pursued, we feel assured that the evil
would cease. Let the press cease to give no
toriety to the bear-righting in the Representa
tive Half ; let it omit to notice at all anv de
bates in Congress on the subject ; let it re
fuse its circulation to these brawlers, and iho
whole rabble will settle down in a short time.
and tlie subject become as stale as uncorked
porter of last year."
l his policy of the Southern Federal print
is in accordance with the instinct of the run
down Ostrich, which, finding no possibility of
escape, runs its head under ihe grass or leaves
and thinks itself hidden, when its whole body
is eposeu 10 us pursuers, because it does not
But suppose the letter-writers, renorfers.
and editors, who abhor lhe agitation of topics
compromised in the Constitution, and which
threaten now to dissolve it, should desist from
all notice of proceedings on the suhiert. of
what avail would it be, now that the present
Speaker of iho House has introduced Aboli
tion Editors and Reporters into the hall ?
The rule excluding tho petitions is rescinded.
and while we see the New York Herald beg-
f .1 i - . o
4iug in vain ior me admission ot its reporters
t i it. - .....
into mo oenaie cnanioer, iUr Speaker W hite
introduces the Editor of the Emancrnator on
the floor of the Hou3o i
ii barrels Camps' refined Rvrup.
l barrels New Orleans TREACLE.
For sale by
State and Civil, with and without judgment", jur-t
printed and for sale at the Carolinian Oiliee, where
all kinds t-t Blanks arc kept ferrule. AVill cur
ricn.!-5 trivc u? a c iH 7 .
LOT of likely Young Negroes, nmonsr wbi-h
it is desirablo to hive one i;UU-M 1 i.u
and one C AIH'EVIER, for which, CAtell wiii be
W. J. OLIHtAM.
frj-In mv absence spnlv lo JAS. K. CLhi.
Favcttevil'e, July 10, IS 11. 124-31
EXECUTED WITH D E S P A 1
At this Office.
From the Mobile Register.
On the subject of banking, there are some
pimple truths which, if they were never for
gotten, would be of essential service to the
people. It should always be borne in mind,
1. That bank notes are not money, but
merely promises to pay money. If" the real
property in specie or something else as valua
ble, be not possessed by those? who promise
to pay, the promises are a deception a lie !
2. People are continually telling us that
confidence is necessary to our system of
banking. They neglect, however, lo inform
us that confidence is an effect, not a cause,
that it is absurd lo place confidence in the
promises ofa bank to pay $i000,000, when
it is unable to pay $100,000. It was confi
dence in the existence of things that have no
existence that started so many banks, and
supported them for years. When their ability
to sustain that confidence failed, ihey all burst
ed like so many bubbles. We might as well
place confidence in the buoyancy of a straw
to sustain us on the ocean. It is too much
confidence that has brought -the country to its
5. Whenever paper money win not com
mand specie at par then it is time to lose con
fidence in its value.
4. Whenever a bank suspends specie pay
ments it is then to withhold confidence from
5. Banks, like men, are actuated by the
principle -that self preservation is the first -law
of nature. When, therefore, officers of banks
and others conuected with their prosperity,
r find lhat sir-pending ?peoe payment wih con
St. Louis unanimous for a JVation'al Hank.
-In the report of the proceeding of tho Se
nate on the ISth inatact, as repotted in the
Intelligencer, we find the following among
the memorials presented:
"by Mr Clay: A memorial very numer
ously signed by citizens of St. Louis, in the
State of jMissoun, (comm isinir all tho !nii-
i ri "
ness men of that enterprising place,) stating
that whatever their opinions might have been
in days gone by of a National Bunk, they
were abundantly convinced, from the confu
sion in the currency, that it was not only
expedient, but indispensably necessary, and
praying that a National Bank niay be estab
lished. We were not before aware that all the
business me" pf Sf. Louis were Whigs,
and shall still doubt the assertion of the In
telligencer until we have better proof. We
make a special call upon the editor of the
Missouri Argus to give us light upon tfria
We. may as well remark here, that wo
are frequently amasefL with the gravity
with which, our Whig friends speak of
the fairness, dignity aud imprtiality of the
reports of the Intelligencer We have even
been advised to repudiate the reports of the
Globe on account of their party bias, anl
adopt those of the Federal organ, because they
were so dignified, consistent, and fre from
all partiality. We confess that v paper claims
all those qualities . in a most eminent' degree,
but we find too many such ridiculous and
erroneous party flings as the one above; quo
ted, to concede the justness of its claim, What
ever its own echoes throughout the country
may d.. Who believes the assertion that
" all the businessmen" of St. Louis have
signed a petition for a National Bank? ,
yiie. llo fooli?h, then, to make the assei
xml | txt