The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-12-22

% Determine whether u - TigaE q arfohSs /.
81, whether Il Be he zoe Or he Other. i
believe de alh insGzlmrnl Of uhai - cali |
ed he Surplus Money 0f the United States.
uill lie paid notwithstanding ils lac sns-
pension. Pariizzns, oisennmes, m their |
real % dsfsal opponents. ~ 10 promote
their frisnds. make false impressions on
/ the public mind. | will stale the isels,
, and the people eau tell better il ny opia-
/ ion is probably right OF wrong.
Congress passed Law On deposiie ne
surplus money Of he Uailed States with
the states. and ordered il 10 BE- paid o
yer in four quarterly inslslshenls. The
| LEI. "a aud 81 we're paid. A general de-
rsngemeul Al money matters occurred o.
fore October. a which lime the fourih IN
slalmenI Was 10 have been paid. Con-
gress met in SepIembeE, when. isl--ihey
! refused 10 repeal The la~: 2d-lhey pas
sed an seI poslponing the payment OF
he fourth inslalmeni; Sd-they ihereuP-
on reconsiasred flis pofs, and cmalded
the bill. 50 as 10 postpone it--noi indef
nitsly--noI lareser--bui MI lst January,
1899. Now shat is Tie fair inference.
! what the necessary inference irnm these
laelsl Every candid nan will agree that
the inference 10 lhis:--The 4lh install
menl will he paid DC Passiblr) on Isl Ja-
nusry 1899. Bot sumo one will say
Thar Van Buren, is opposed 70 paying Il.
will not undertake 10 dispute this point.
ne shall scr hereafter ifks is. IdoubI
il For The present remark, that soIh
houses 0i Congress must be sgaInsi u.
and Mr.. Van Buren, also, 10 prevent It's
payment. For If some law 10 repeal
Thai which is now in existence. be not
passed. the money nausi come. To pre-
vent IL, The Senate must agree 10 bill
repeating il; the House Of Representa-
lives must concur in tina, bill; and Mr..
Van Buren, must finally ratify il. This
could not be done now. Whether IL
ought to be 50 ar not | sn preeluded
from discussing--Ias il would lead Us 10
national poliIlrs.l Ought 10 be or ought
not 10 be.--su IL is. aud 80 IL rM be in
1899.
The amnHnl Of this insialmcnl paya-
bic To North Carolina, will be sbnul S47s,
600. This sun pruden,ly invested. will
yield not less Than $4,000 Income.
Then ihe funds Of The stale. permanently
invested, will amount Ia O., 13S. 400. and
the annual income oi the state will be
$751;. 900. over and beyond the expenses
Of The government. FREE Of DEBT.
and nearly three millions o a permanent
Eind---and slsl 900 income!
| | have had 10 deal with CrOdksrs.---
They belong 10 boIh poliucal parties in
our stale, aud they croak their complaints
or not, as il nav operate on Others who
differ in their national politics, aud espc-
cislly their own elections. | know that
they will tell he people 10 take care.
for This money will be called Iur by the
general government" and IL is better TO
keep it close. When did public money
stay idle in public chest! u il Is 40,
invested il will be squsnderetl; If invest
ed and the income is not well applied. it
will be illy-spens; all experience proves it,.
Will any hnnest politician leave his name
for line public. and risk The assertion tina.
The general government, will probably call
back the depOsites? h he will. pronise
TO give mine, and meet the question at a
psoper time, BY fair, manly discussion.
Let him understand. don't mean to ar
que whether Congress ought TO call back
the deposIles. That | leave to onr Con-
gress.men. The question is: HTH they
DO IL? | answer, No, never!
la The meantime. 10 give my adversary
topic for his first essay, propose To
him these questions: As The nation stood
in need Of money al the last session Of
Congress, and yet Congress did ITO, even
propose 10 recall lhsdrposiies. what makes
il probable they will ever do il! Indeed,
whs, does he infer from the fact, that in-
stead Of recalling the money, they passed
o la,o forbidding The Secretary Of he
Treasury TO do IL, wi,hnuI The direction
Of Congress first given 10 him 10 that ei-
iecil II these facts do not prove tha this
money will nersr be recalled, really,
it must be confessed, they loss very much
tina. way. Blu. have no Tears that any
man. who is not accustomed ie create
shadows Of imagination. with which ID
brighten himself or others, can spprehend
recall Of these deposiIes.
| have now presented, in form capa.
bic OF being understood by every one. a
statement Of the funds aud immediate re-
sources Of The state. They shall be fol.
lowed by further Communications, as my
leisure gives me opportunity.
Il MENTOR.