Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1831-10-13

John w. Hage, w m. l. Clark, JUN iicis
ken, Thomas A. Tidball, james u. Brooks,
John T.. Page, Richard w. Iiarton, John ).
Masill, Robert L. Baldwin, Rich Meade,
DIR Robert T. Page, and John Bell.
Resolrea That the editors Of both the
Winchester papers, Warrenton Spectator,
Charlestown Free Press, Martinsburg Ga
zette, Hampshire lntelligence,, Woodstock
Sentinel, Richmond Wing ard Enquirer, al.
exandria Gazette, and National lntelligen
Ger and journal, be requested to publish the
foregoing preamble and resolutions.
On motion of L. A Tidball Esq the meet
ing adjourned ROBT PAGE, Chm.
JAMES q. BRoogs, Secry.
The following paragraph we extract frem
the New York Advocate.
EXPORTAIlON OF SPECIE.
We have several times stated that our i'm
ports were exceeding our ability to pay for IN
produce, aud that considerable sums OF spe
Gle were shipping 10 England; this has also
been acknowledged ny our anti tariff papers;
they console themselves by saying the Banks
, Will curta,l, dry goods viii fall, and then we
shall cease to Import This is no consolation
to us, aud we ioresee much trouble ere this
will happen. Many Of our traders must sui
fer gieauy before the evil viii bt remedled.
| We learn that the packets winch sailed on
! Saturday have taken above HALF \ MIL
! LION IN specie, thus while the free trade"
I Convention are in session in Phlla.i,lphia, 70
! devise ways and means to PROSTATE our IN
/ dus'ry, Eng and is actually draining ia Of the
precious metals TO pay Tor what ENGLISH
] LABOR! Nothtn. Is further from our wishes
! than to tUIu crodkers, but we venture 10 pre-
! dict that the evils of our over Importauons
| will be much felt among our trading brethren,
I who, n we mistake not, will ere long tiad
scarcity Oh money, from The curta,huen;s in
the discounts at III 3@nks, wldth must neccs
sa"tiy follow the shipments ol specie that are
taking place. Ii we now import more than
we ca, pay for. win the free trade" advo-
Gales t.A us what we shall do should their
counsel prev ai--our manufactures be sus
pended, our mechanics thrown out OF EN-
ploy, and the country be drained OF specie
To pay ous ,.yais iur what we are now TO so
much advantage producing from our own IN
dasify?-.N !. Advueae
This heavy drain OF specie is not confined
to the city Of New York. We have under
, stood that within the last fortnight as much
as 100000 dollars IN specie has been with
drawn from the Capital in Baltimore. This
is larger sum, in proportion TO the popula.
ton and trade, than that which has been
| withdrawn from New York. 1t has been
boosted that our revenue during The present
! year, Will be as much as 80 millions This,
! if true, is traceable to that excessive mporta.
ton which has caused the present drain Of
specie from our Giles: and these results ia
ken in connection, demonstrate tho impolicy
of that overtrading spirit which has stocked
our markets with foreign goods, to meet the
payments for which, our exports Of produce
and products have been found in sufficient
The views Of the Editor of the Advocate on
the subject Of the increase of the evil of
which we have now taste, should the s'free
trade" doctrines prevail. are accurate and de-
serving of the serious reflection of the peo.
pie. While there is tariff on imports. the
oppressive operation of excessive importa.
ton is somewhat counterbalanced by the pros
perlty Of the public treasury; but let all dn-
ties be abolished, and the drain of our specie
! will be much more embarrassing TO the couu-
try, while there will be no alleviating circum.
stance in any advantage to the revenue
We are on the verge of precipice, and if
hot heads and pIejudiced inteliects are to oh
tain the ascendancy, we viii soon be in Sit
uatlon, where we shall have nothing legl for
US but to mourn over the infatuation which
has seduced, aud folly which has ruined US.
--y\GiiOaGt Journal
The Colonization Society have ALREADY
! completed, through their ayents, as we learn
from Richmond paper, adequate arrange.
ments for conveying. this fan. all additional
! number OF t1oo hundred free pcople Of COLI,
| to Llterla, from Southampton comfy. n :,
scene Of the late ins0srection and MASSAGE
| The Ithig advances the opinion. from Will
| we think bui few viii dissent. that the Cr,.
monweafh orght to serd on on It's na,, NO
! two hundred, but two thousand tqt,,,H,
/ he least; aud thar drain like this voa.,sua.
! " stop IN short time. not only 10 ins,r,,.c
non, bat even the rumours Of iusurrectio,',