The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1837-11-10
MERCHANTS Convention.

NEE sures viii IN their opinion, most etiec.
,usIly contribute to the accomplishment OF
the great object Of tins Convention, ask
leave TO submit the following
REPORT.
The Committee are deeply impressed
with the importance of the duty assigned
10 them, and have bestowed upon II all the
attention their hunted time would permit.
They regard the present arrangement q
the currency aud exchanges Of the country,
however We may depreclate lis causes ana
deplore lis immediate effects, as furnishing
an occasion, which If wisely improved, Will
relieve the staple growing States irom .
state Of commercial dependence, scarcely
less reproaehfaI to their industry and enter.
prise than it Is Incompatible with their sub
stantial prosperity.
The staple growing States, while they
produce two thirds OF the domestic exports
of the United States, import scarcely one
tenth of the foreign merchandise which =
received in exchange for Il. Almost the
whole OF the foreign commerce "aieh i
founded upon the productions ot our indus.
try, IS carried on b, he citizens Il o;her
States. causing their c,iies |" ti,arlsa. whlie
ours have been sinking luio decay IL iae
opinion Of the Committee the period has ar.
rived, when our etizans are invoked u iht
united voice Of interest and patriotism, 70
put an end TO this voluntary tribute, amount.
mp annually 10 something Ike ten mlls,ohs
&c dollars. II is believed tbs; the quota Of
Georgia and Suulh Carolina alone amounts
IL not les than three millions 1t dollars. r.
NAV not be disguised, how ever, That THIS *
traordinary and unequal state q cur com.
merc,al relations had Us origin more N the
4 fiscal operations &c the Federal Government
than n any supposed deficiency n the N
dus,ry and enterprise Of our citlzens. The
i high duties imposed by the tasiii ot l@l6
upon the productions q Southern industry ,
/ ami lie still more enormous duttss imposed
by those Of lS2l All ISIS, combined With
i the unequal system u depasll.n- and Dis
+ bursting the revenue thus collected, almost
exclusively in the Northern CITIES, nfenitd
IS bounty 10 the commerce 0f those cities,
which the most perseyerlng lhdastry anu st
ierpr.za on our part, could 20, have over
come. Great and ab,nu- i. upre The nat.
Iural advantages Of uur : l,ncfa c.re>, thrS
we're more than coUffpftaHancsd hN iha>e
opcratoUs 81 the Government. And adiist
We stood amidst ne RUNS pruauced IS nl--
government, many ofuurc Gil H. arrt utter
i il unable 10 account for ,ne pHenDHt -. $50
some ii uur charitable nei- !. r supposed i
10 be owing Il The curse .. Heaven upon cur
domestic institutions.
Every practicable aan, however. VII IT
once perceive, that tie depostte u almost
The y hnle Of The government funds, 70 lar
banks 1T the Northern cities, va cql.sl
lent to a loan of like sum without utter
est, and that tie immense sums drhursed
III the government, ii the ,sne ro;uts, nFe
raled even more decidedly 70 give tbo-
ciups an undue asceHaeurS. One q ihs
most obvious and s4Iulary constq ueucr.
Anllh We NAV conideuuaiiy anticipate. fata
tie reduction of the duties and HE eEn
draaal of the government q p4sats h1u
the banks, will b. the restoration q Ihs
Southern cg,ies 10 a condition OF compare
i've equality 10 tie business of iorcl4f
commerce. Ina fair and equal compotiaon
il cannot be doubted, that lhey n,ll b. abb
to exchange our domestic productions lol
the manufactures Of Europe, BY dtec
trade, more adsan'ageoasly, than the North
en critics can do IL, BY circultous process
INVOLVING intermediate transfers and agcn
cies, all ncreasiu. the risk aud expense d
tie operation.
There never vas presented ~ ihe capt
.taIIsis 81 the South aud South west sueh at
Opening or profitable entefpriz", and they
are lqvtcd by the most powerful consider
atoms 10 improve il. Now that The li.ea
operations of the federal government haye
baen 80 greatly reduced, and the {. ID 81
competition fairly opened, If they Should
still laak "a wHh isfIess apathy, bile tie
mighty current Of our uwn geeylltr com
nefce j. iloslng literally b. them, "a uaur.
l~h distant cities and fertllze the barren
hills Of distant communities, wc must l.jeH
tacqUiesce 10 the judgment winch the wof,d
sill pronounce, that ae deserve oar destiny
But the committee indulge the c0aaIeft be-
lief that such reproach ~tll no longer rest
upon rs. The public spirit Of cor people
has been reused inlo action, they have braI
awakened to sense ii their condition, ant
all are prepared TO CO operat'. ~ their re-
specsrye spheres, IN the great work vi thro~
mg Of the shaekIes II our present ceIoafa
condition, and establishing our eommercia
Independence upoG Iasliag foundation.
The staple growing State. never caa b.
practically iadepeudcni ard eBley The fol