The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-06-16
AT wHEELING. YfRGINIA.

tanons oi regard with which l have beer
greeted BY you. nor can suffer any shOu
OF dsllescy n prevent me from express,
Ing ny thanks for your kindness.
| travel, gentlemen, Cor the purpose 81
seeing the country. and Of seeing whai
constitutes the important part Of every
eountry-the People. | find every where
much 70 excite, and much 10 crafty al.
nlraiion; and the pleasure I experiences
is only diminished by remembering the
unparalleled state Of distress which ! have
len behind me, and the spPreheRsiOns,
rather than the feeling, Of severe evils.
which find 20 exist wherever | 90.
1 cannot enable those Who have not
witnessed Il. to comprehend the full ex,
tent Of The suffering in the eastern cities.
II was painful indeed 10 behold il. So
many bankruptcies among great and small
dealers, so much property sacrificed, SO
many industrious men altogether broken
" in their business, so many families
reduced from competence 10 want, so
many hopes crushed. so many happy
prospects for ever clnuded. and such fear
ful looking for still greater calamilies, all
form such a mass of evil as / never ca
pecIed To see. except as the result Of war.
. pesIilence, or some other external ca-
lsmiiy.
have no wish. in the present state OF
things, nor should | have indeed If the
sisle Of things vas different. TO obirude
the expression Of my political sentiments
on such Of NV fellow ciIizens as i may
happen 10 meet; nor. on the other hand.
have ! sny motive for concealing ihem..
or suppressing their expression, when
ever others desire that | should make
She known. Indeed. on the great TO-
pirs that now engage public attention. |
hope ! may fiauer myself my opinions
are already known.
Recent evils have not al all surprised
me, except that they have come sooner
and faster than had anticipated. But.
though not surprised. am afflicted: |
feel any thing but pleasure IN this rarly
fulilmeni Of my own predictions. Much
injury is done which the wisesI future
eolnsels can never repair, and much more
that can never be remedied but By such
counsels and By the lapse OF time. From
1889 10 the present moment have fore
strn this result. fmay safely say have
foreseen il, because have presented and
Proclaimed It's approach in every impor-
q : discussion and debate In the public |
hojy 1T which | am member. In 1892 |
I .,appened TO meet With ciIi2en Of
Wheeling, now present, who has this
d., reminded me Of what ] then antics |
pa,ed as The result of the measures which
the Administration appeared m be forming
in TcgaTd to the currency. In the summer
Of the next year 1888 WAS here, and
suggested to frie1ds what | knew tn he
resolved upon by the Executive, viz. the
removal Of the dspnsItes. which was an-
nounced t@o months afterwards. That
was the avowed and declared commence
meni of III " experiment" You know,
gentle men, the obtoquy then and since cast
upon those of US who opposed this sex
pertinent" You know that We have been
called bank agents. bank advocates. bank
hrellngs. You knnw il has been thou
sand times said that the experiment work
ed admirably, that nothing could do bet
ter tina, it was the hignes, possible evil
dence OF the political wisdom and saga
clt, IT it's conIrlvers: and none opposed
it Or doubted its elfcary but the wicked
or the stupid. Well. gentlemen, here is
tn .rd, if this is the end. Of this nota-
Die experiment" It's singular wisdom
b. r"mr ~ th,s---lts fine workings have
wrought gu. an almos, general bank
rUptry.
IL lofty promises, its grandeur, Its
f,.hes. that throw other mems senses
and understanding back into the shade,
where are they nov! Here is the " fine
Of fines. and the recovery Of recoverIes:."
It's PanIcs, its SCOTS, ITS jeers, Its jests, |
il. glbcs at all former experience--its cry !
Of L" a new policy" which was so much !
TO delight and astonish mankind. To !
his conclusion has it come at last:
But yesterday, 1t stood sgains, the world:
Nv lies IL there,
Aud none 81 poor to do i. reverence"
l. is with no feelings of boasting or
triumph, it is with modification, with
hundlarion. with unaffected grief and az
fiic an, tina. | contemplate the condition
OF difficulty and distress IN which this
conntry, 80 vigorous. so great, so enter
prsIng. and so rich in internal wealth,
has heen brough. by the policy Of her /
government.
W. learn to-day that most Of the East
sra banks have stopped pay msn,; depo-
site banks as well AZ others. The ex-
pc, rent has exploded. That bubble,
" 'ch SO many Of us have all along re-
slf!rd as the offspring Of roncen. pre-
su" p.Ion and political quackery. has
bust A general suspension al payment
mus be lie result; result hlrn hss