The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1836-12-30
AEEkLl ALMANAC.
PREssDENT,S MESSAGE



PgEsHGENT'S MESSAGE.
LooxctrpED.l
f.rr leave TO call yuur attention 10 another sub.
,vi irtsmaith associated Stlh to- preceding cue
-,bt Currency o. the Country.
f. !. apparent. from the whole context Of the
Constitution, - ~,ll a. the history Of The times
vtieb gave birth to y. tat It wAs the pufl-.se Of
,,a toavsu,t,,a 20 cs,aSiish currency euusl.ung
:, th- afe,ious nIslsl. inr-,. ipm Ib,if pecu.
a.. gs,ii., shioh fcndsrcd ui,m - ss4ud- 10
II Woe Il sli Other countries, acre adopted Ia
lie. =. atu T. establish ~ eSspmeteiaI siaGdaid
T. ?, .efsnce 10 'Orriga couUttlrs by PcruaBeut
raie a. 20 txcl4Ge tie On Of a uuisblt u.tdlom Of
t,eiaagc. such - OF cst,ain agricultural ormno.
e9,.,, fecostts.d by tte >lstu,t. of somt Stale.
a. tsrdef o. etb'S. . uc Ill mote PsfnIcious
:, ,cish, al FAst rurrsu,s Tbs last, from
a.. caplricuce q ths ,tlis = tie issars O. ~
era- !ss t.yo.ui,on had o.-c5ue ~ ll-,l, obaox.
laa.. a. 10, cny 20 susgest tt e.Au's ~ VIC Con-
stau.ou e,s,t, avg tbs tnsl.sgan %, ti.i. n cfeen
b. "a, S'atrs bsl also % ircdars Tat s,Ae 70 tay
Convection Viii h oss sitt,d tie Pfo,ssitian g.
rrans ,syaef "a Naas trss tognatuF catr tationg--
wapaitlon ucll uptst,,oo3 dis t,as,, e. ia'cu.
al ls AZ. ,af.fr tire essstit-ausslt o. 4 National
ialk. whish s&v 80 tttat acgsF,ucy q hsuA ho,et.
t.eysrnaeit .icsk. A.ihuesh ilis .nugo.i.au
va.teatrU ~ i dlteef satr 50 thr autvGfi t. ihr
o G, af'sr sids Is titfI o.isltta. w IS in.
z a... s,vucstes thfuasb tn i.,d e,.tslfstfi.
3 thr tao.utu.ta. u, debt, o, ,lt heN-.a e
ser, uaoca - g'iets vhigb lofmsl us q. sftas et
ra.sts rs t.e bunta4. amo4tt 81 iar sstsk.
- uaatf csteunetsncss leh ca sssvd 3l.s uop
l5s, q sms e; lso. sho y4uss ipatsa ia lae p.r.
sayl Il tat AZ 70 8..ffn.L
NE gsti. taaI ,lsr i8e 81 tit sgeek ~as gfeait
tthise Z Is ,hy ~ t,leu ai ilr hsna Co.. ! S :
AZ spdsfsioot tl,af saea ri 0aro be 'bs rast. 4aa
ta4i .eas 81 ,te advocates a the n4tssuu Ntr,
D. bsr,6gsea b, Il. b igts % ne t..ia - w.
uspes 80 are stii rsisusicd T. eualasu ,.st a.
f,' shsth m3tal HHrss,.r hsyc hsso ol, Is ~
sa ., % Ceartyts stsci "a ,,a tf.t tn.ttt..
w. us r,taNilsa ent 81 A4.gaaat Bans. "a b,
e.ss o. intcesi 81 is crsc,iats, tb.t ,oi stsu..
= spstsFe,g b. nc pa =, u the ls4ns. 49, re.
ua raffracy 4 nlae was sfoa aasc'ss 81 tbt
6 z. ssias, whtes ada ucit expectation b .sstgD
o.pa'fjs a. ale'rarssi, cuma .,.lttt, u.ott pre-
a'...4 tasn Their te,sttpa AID u.s At i.og'e - o
tr' srstd, astf 3 esgt.r q uot a..
Asf.d IS lhase sta sssa basisd ih- bank rfai 'tr
trt trrsrs 10 effect. e4asuillc ~ u, Mint
q Is. ta.'sA ~3s,s.
saa such t*e ifeioptnE ., thsss ti.,,u -
SHih rup 3p4eaf 81 tie tE5s.ss ~ ts.ji,s 81 g. q
y Incorporated ~ ghs safio,i- >-jr,
AH.aaea q nsy api ~ p.rs.lhr Il ans lseit'a.
'ut means e,thin mr. pouer. 81 chang. - our5
" ssbm which has tho, been mttoauetd. ard
taen-s4ed toe scqaesecnce - al rof,iaus 81 tive
ca1r'7, - g er,t ,uiy COR t4fy 10 a. au u.t H.
et.'tssal vith OFT constitutional utaralsans ,n
rtete'ir. thg fuisrtn 0l4eh 5rt targatrHta t,
~ nadpt sviea,l r That tbe ID, {, ol a., Ia.
'.f' Z orr t,ostromsut g. gaArJ aeaiu.t tt, a
t1staiiuasi pF3sIsIsa wtrs f1g d. o. au d. !.
nave saaN rtg, Of toe subject, has becn igsIa,ut.
Y ,Neslfd b he bitter t,,f4eute Vi tHc ,oaa'f,,
4s = fau.e. uhieh ird ,hta, 10 rs'as, tu,ir
s'o-''o0 70 Iaacr 4uibafsiug the s.lat ..aa.,ul
z, interpretations ior bapAm. purpavt., noe ,1.,,
~ a Murh Hranes, destr, Is grgc % g. stya TIE
4'"'ri ssiages IN eal.nf into acitsp tar mean.
ef'ssy 10 correct The ryil. resulting t,on lht
."H'aaale exercise d til, pa~,r. and Il i. 70 b.
'''fd Tat 'he oppattuuil, of sG,eIiog 'h. great
4 F's vail b Improved bsar, thc country sittgss-
tes scenes Of enhancement and dnstfes..
Faf'abcnsss must ever be tie Characteristic Of
i currency, IT Which the ,fecluus metals arr no'
i "o che Ingredient, o. winch can i, eApaat,d %
''o'tsried ailhou, regard 10 the principles That
I s1'4ie The yalu, Of those metals standard
- We general trade OF tic world. With ~ bans
''lf' constitute such currency, AID must ,yti
N = 9h'i, shey are made dependant on those just
'P2fltbs % gold and SILVER, as Circulating t,r
N'oh ~a'ch experience has proved - bc necessary
~" only ~ this but IA oil osbrf comWe, clAi guRu
wa where those proportions are not lntu-s,
'' VOC circulation, and do not control a. II IS MA
'|'g@ u't prices muet vary according 10 the ud,
- oaa& Issues, aud The vatae aud STABILITY nt pro
P',F must stand exposed TO aU the uuetrsiuu
"Hhh attends the al Jiu,siTation Of pStituli sp
N1' He constantly liable 10 the Temptation u Al
hafssl essline, tfom that OF the community Il
wheh they afeestablshrJ
rs progress OF an expansion, or rather 4 &c
W.'Aaan OF The currency. by excessive bauk Is
'aVs' + always atirudei hy 6 loss to the laborini
assts lhis p0rtiua OF the, community have mel
a'' ume nor opportunity to watch the Gibbs aut
u'@s q the money markc,. Eagappd from da
70 oif IN their useful ioils, they 10 not pcrcciy
81 WAtaiihoogh their sagos are nuninaly the sam,
EVEN somewhat higher, they AZ, grtall, reduce
" "e, Sy The rapid Increase Of spurious curttt
ii when, a. Il appears 10 make money aboun,
q "ef are At htri inclined to consider blessing.
q "a" so with the sreculatot, by whom this op,
i ,au"n " beissr understood, aud il made 10 coutr
q "e's !" h's advantage. II Is not until Tie price
81 o. Tue ncNessaTies Of life become 50 dear tha, ,l
ii '4''''1g 1iassss cannot supply their wants Out