Cheraw gazette. [volume] (Cheraw, S.C.) 1835-1838, 1836-12-06

which the spirit oil party, religious and po'
litical, shall be excluded from its govern.
nIcnt.
Let this, at least, be a temple dedicated
exclusively 10 Science and Literature
where all the citizens of the State can min.
gle their devotions in harmony and peace.
The number of the Students has so great.
ly increased since the new organization,
that they cannot even now be tolerably ac.
commodated in the rooms provided for
them; and when we look forward to the
proba BILE increase of students at the COM
mencement Of The ensuing year, it is evi.
dent that the existing means of accommo-
dation will be wholly insufficient. The
erection of m additional cdifice for this
purpose, therefore, has become measure
not only of fcxpcdicncy, but of absolute ne
cessity; and recommend that the neces-
sary appropriation be made. as soon as tho
proper estimates shall be obtained.
The College Library, also, requires IA
very considerable enlargement 10 make it
correspond with the character of the insti.
tuition; and ] suggest the proprety Of ma
king an appropriation Of few thousand
dollars for this purpose. AS | propose to
visit Europe during the ensuing year, it
will give me great pleasure to execute any
commission with which may be charged
in accomplishing this object.
cannot conclude this interesting topic,
without earnestly commenting the College
to YOUR enlightened patronage and foster.
ing care, as the guardians ofthe rising gen.
Grafton.
herewith communicate copy Of an
Act of the Congress Of the United States,
providing that the surplus revenue which
shall be in the Federal Treasury on the
first day Of January next, shall be dis;ribu-
ted among the States Of the conftderacy in
certain specified proportions, to be deposi-
ted in their respective treasures, without
bearing interest, until the fiscal wants of the
federal government shall render it neces.
sary that the States should refund it.
also communicate a letter from the Secre.
tary of the Treasury of the United States,
desiring te be informed at the earliest prac-
,icabIe PERIOD what disposition lie shall make
of that portion of this fund, which shall fall
to the share Of South Carolina. AS it ap-
propriately devoves upon you TO determine
what that disposition shall be, have de-
laycd answering this inquiry, untilyou shall
have given me the necessary authority. 1t
may be important, therefore. that you
should act upon the subject with as little de-
lay as possible, and it does not appear to be
one which requires much dcliberaton.
None certainly can be required to decide
uponthc cxpediency ofreceiving the money.
We find large surplus of revenue accu.
mula'ed in the federal treasury, which has
been unconstitutionally levied upon the pro.
ductions of our own industry, by system
of oppressive taxation enacted in opposition
to our solemn protestatons, and attempted
to be enforced by the military power ofthe
United States. The money is there with.
out any agency of ours, and the act of distri-
button involves the question, whether it shall
remain deposited in certain banks, to con.
stitute part oftheir banking capital, or be
transferred to the treasures Of the respective
States, for the use of the people TO whom ii
appropriately belongs, and from whom il
should never have been taken? 1t is i'm.
possible to doubt on such question. Bu
while the Justice and necessity Of this mea.
sure of distribution arc equally obvious
under the existing circumstances, let it no,
be disguised that no proceeding can be
more absolutely fatal to the interests Of the
exporting States, than that of habitually
raising revenue by duties on imports, fol
the purpose of distributing it among the
States. 1t is to be hoped, therefore, thai
this hazardous, but necessary measure, vii
not continue single day beyond the neces
sity which gave rise 10 it; but that the Fe
dcral treasury will be reduced within con
stitu'ional dimensions, by the regular pro
cess of reducing the duties, as soon as lhi:
can be done consistently with the plightec
faith of Congress, implied in the Act o
1888.
AS TO the disposition which it may be
expedicnt for the State to make of this
fund, it appears 10 me, that regarding it as
deposite, the obvious course will be tc
place it in the Bank Of the State, which i:
practically the treasury ofthe State. 1t vii
there be used like all other dcposites, as {
portion of the capital of the bank for the
time being, and will justify an extension oi
its operations, in proportion tothc amoun
and probable continuance of the deposi:e
If YOU should concur in this view Of the sub
ject, it will be proper that you should confer
special authority on the President OF
Cashier ofthe Bank Of the State Of Soutl
Carolina, to receive the sums that shall be
payable under the aforesaid act ofCongress
and to sign the obligations & acknowledg
ments therein prescribed, pledging the faltt
the Safe to refund the money on the re
QUESTION of the Secretary ofthe fedora