The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1837-06-23

-" The wings rise as the country sinks"
To which the Louisville Journal responds
thus =" Why is it, sir, that the country |
is sinking" Under whose odministra.
tion is IT sinking! And what will the hon
est portion of the Van Buren, party say,
when thus told by their own organs, that
their country, instead Of rising in wealth
and greatness and glory as they have hi,h.
erio been taught by their leaders to believe,
IS IN reality going downward !"-i5.
A sad proof Of the. instability Of man, and
the fraIty Of all human decisions
Mr.. Tdn Bwen-Oae reek)
Several of the States have uot vet cho-
sen their representatives, and are not to do
SC for some time to come. independent of
that consideration, do not see, at present,
sufficient reasons to justify me in requiring
an earlier meeting than that appointed By
the Constitutional Reply TO the New York
Committee.
Mr.. Van Blfea-One week after J
Whereas, great aud nreishty matters
claiming the consideration ofthe Congress. Of
the United States, form an extraordinary
occasion, for conyening them q do, by
these presents, appoint the first Monday IN
September next, for heir meeting at the
city Of Washington.' Proclamation for
Congress.
| Gen. Jdcksons Healh.-A Rumor reach.
ed town day or two since, that Gen. Jack.
son had been thrown from his horse near
The Hermitage, and that his life was de
SPARED OF. We are happy To- have it in
our power 10 say, on the authority of
friend who left the Hermitage this morning,
that the injury he received in his fall, oc,
casloned BY his horse taking fright was
slight, and that he has entirely recovered
from It's effects. Nashville (Tea.) Union. |
Ii NAV be Of use 10 distant readers to
state that, in this city, Specie is at a pre-.
mum of about ten per cent. over District
Bank notes that Bank Notes Of the South
and West, even Of South Carolina Banks,
are at discount Of from fifteen to twenty.
. bfN FSt l'bts bNloH AHCItts nc hDtN
that this IS monstrous, and deporable, the
paper of those Banks being as good as that
OF any Banks IN The Union. The paper Of
our Banks, is We suppose deprecated, in
correspondent degree, 10 remote parts ofthe
country. There is, in fact, no circulating
medlam.-Natioadl Httiiseaeer.
The following is an extract from the re.
port of Mr.. A. ]. Dallas, when the Secre I
tary of the Treasury, IN December, 1916
Il will be read With interest during The pre-
sent experiment at coercion:
There was no magic IN mere Trea /
sury instruction to the collectors OF the rev. !
euue, which could, BY its own virtue, charm |
gold and silver again into circulation. The /
People, individually, did not possess a Inc. |
tallic medium, and could not be expected TO T
procure IT throughout the country, as well /
as IN the cities, by any exertions unaded
by the banks, and the banks, too umld or
too interested, declined every overture 10 /
cooperation for reinstatlng the lawful cur
rency. In this state OF things, the Treasury,
nay, the Legislature remained passive. The
power Of coercing the banks was limited to
the rejection of their notes IN payment of
duties aud taxes, and TO the exclusion of
their agency in the custody and distribution
OF the revenue, but the exercise OF that pow.
er would not generate n coin currency,
though II would certainly act oppresS!sely I
upon the People, aud put at hazard every +
sum of money which was due the Govern. I
ment. Until therefore substitute was
provided for the paper of The banks, il .
would have been measure of useless and .
impolitic severity towards the community .
to insist that all contributions to the expen. /
ses Of the Government should be paid in
medium, which it is repeated, the commun
ity did not possess, and could not procure
4 Pretty Far Hit.-Duriug the perfor
nance of Btutus at the National Theatre
on Thursday evening last, gentleman in
the boxes asked his companion what was
the meaning OF the letters 5. 7. q. K. on !
the Roman banners "Why the meaning
is plain enough, Tom" replied his friend,
at means Specie Payments Quite Rare"
". Y. Sun.
New Jersey free from Turn conse,
quence of the abundant resources OF the
Treasury from the public works, bank tax,
&c. the Legislature has this year auhor1z-
ed no State tax, which usually amounted to
about $40, 900.