The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-09-15

- 1A-@A ~ e efsNW ~
anefhng ne permanent prosperity AZ .hs
nasion- Arising. IN = great drgGer. from
me Transactions of foreign and domesl,e
rommeFte. 4 10 upon fhem lAss me, have
chiefly fallen. The great agricultural 10
ieresi, has, % many paris Of he country.
suffered eomparaiIEely liiIls: and. - il
providence intended 10 display ihe tAB
nlhcsnee q ils goodness Al the nanaenl
OF our greatest need. and ID direct con-
irssi % he evils oeeasioned By The Way
wsFaness o. man. We have been blessed
throughout our extended territory with )
season Of general health and Of uneonu-
mon irnilnlness. The proceeds az our
great staples will soon furnish tie means
o. hquidaiing debls II home AID shrasd;
aud contribute equally To the revival Of
Commercial arIIviIy, and the restoration
Of commercial credit.
The banks, established svoNedly far
iIs suPPar. denSing their profits from IL,
and resting under obligations la u wh.rh
cannot be overlooked. vii lesi al once tie
necessity and justice ul uniting their
energies with hose ef tile Hsrcaaiile
inisr+st The suspension II specie paw
'benss, o. such time AMI under such
circumstances As We have iltsly wilness-
ell. could mt be other than a lsmnorsry
measure; ard We cnn scarcely err in be-
iiegiag tlai the I,rnad must soon arrive
ghea Ill dat arr solvent will redeem
their issues 10 gid md silver. Dealings
abaaad naturally tepfai on resources and
prosperity ~ home Ii The debt III our
merchants has accumulated. or their
credit - impaired, these are fluctuations
always incident 10 extensive or exiraya-
giant meteaniIle transactions. But the
ultimate seeurilv ol such obIlg atoms does
not admit Of question. They are guarsn-
tied BY the resources of . country, the
fruits Of whose Industry afford abundaui
means pf ample liquidation, and by The
sEideRt nirr.I II every merchant 10
sustain credit. hitherto nigh. By prompt
ly applying these means ior its preser-
yat,nn.
! deeply regret that events have occur
red which require me IN ask your com
fideraIIon ofsuch serloas topics Icnuid
have wished that. ia making ms first
communication TO the assembled Fepresen.
ls"Fes 81 ny country, | had nothing TO
dSsll upon but the history al her un-
alleged prosperity. Since il is athrr-
wise. we can only feel more deeply the
responsibility u the respective trusts that
have been con6ded to W. and. under
the pressure Of difficulties. unite in invok-
ing ihe guidance and aid Of the Snpnme
Ruler Of nsiions. and in lsboring with
zealous resolution TO overcome the diff
culiIes by which we are environed.
II -, under such circumstances, high
granfcauon 10 know, by long experience.
that We act for people 10 whom the
truth. however unpromising, can always
be spoken with safety; for the trial of
whose patriotism no emergency is too
severe. end who are sure never 10 desert
public func.lunsry honestly lShoring
for the public good. II seems jus, that
usy should receive, without delay. any
aid in their embarrassment. which your
deliberations can afford. Coming Direct
ly from the midst Of them. and know
ing the course Of events in every section
Of our country. from YOU may best be
learnl, ss well the extent and nature Of
these embarrassment, a. the most de.
sirable measure OF relief.
am aware. however, that j, is not
proper TO deIain you. at pFsscnt. logger
than may be demanded BY ,hs special
objects for which YOU are convened. To
them. therefore. have confined my COM
municaIioni and, believing it will not be
your own wish nowlo extend your deli
bers,ions beyond them. reserve ill the
usual period o( your annual meeting, that
general information on tie state of The
Union. which the Constitution, requires
the 10 give.
NJ. VAN BUREN,.
Washington, I,h September, 1887.