Southern telegraph., 1837-10-17

receive their mites on dep 'si'. This will
mike them at par, in the State in which
thcy are issued, and there will be NJ motive
10 draw specie for them as holders can cS-
change them flr notes of the Niiionll Bank
ut par. Pebble conf lcncc in the banks will
then be restored, specie payments resumed,
and liberal system OF accommodation to
meet the pressing wants Of the community,
immediately commenced
! lfthcse things be so, and think they are,
| the patriotic AMI intelligent Of The land, ire
spectiye of party distinctions, are called
upon by the most powerful considerations,
that can be addressed to reasonable men, to
come forward freely, without hesitation, AMI
by their votes; and by their counsel, and by
their control of public opinion, TO aid in the
establishment of National Bunk, which,
properly organised, will be the great savings
Bank of this great Republic; regulating ex-
changes; receiving and disbursing the pub
lie revenue, without expense or lOsS-e
eicising wholesome auxiliary influence
over the state Blnks-and furnishing a cur
rency equivalent to specie, not only in
every part Of the United States, but else
where.
Gan exclusive metallic currency" is now
abandoned by the patriotic of all parties as
an impracticable and visionary thing, totally
unsuited To the genius and circumstances
Of the age, Ii is now upheld by tho loco
foco faction only, who still cling to it, as the
most plausible of the disOrganizng system
ofprinciples, by which they hope to acquire
power; but am greatly mistaken III the peo-
pie of this State arc not too intelligent to be
made the dupcs of their impostures.
The space allotted to this subject, on ac-
count Of its vast Importance, prevents me
from remarking at any length upon others:
but hope to see most of my felIow-citizens
in person before the election, when free
interchange of opinion can be inInlgcd.
A novel and interesting question is now
cclpying the public attention. all rde to
The annexation If The Republic Of Texas to
the United States. TIC independence of
that country has been established in a great
degree by the blood and treasure ofthc peo-
pic Of the United States, and those who
inhabii it claim common ancestry with us,
and, IN common with us, cherish an ardent
devotion to the principles of liberty. | re-
gard its admission into the Union as a vital
principle with the South. II is absolutely
necessary, in order to give us our proper
influence in the national councils, and Sc
cure the enjoyment and pcrpctuation Of our
domestic Institutions against the rude aSsaIl-
ment OF that unhallowcd band of vandals
ana ruilians, who, in the exercise of false
philanthropy, dare to menace our constitu-
tlonal rights, at the hazard of scattering the
Union into fragments. The friends Of lib
erty and free government throughout the
world, have an interest in this question.
The preservation of allour glorious liberties
depends, perhaps, upon the preservation of
HE Union; and there is a settled determine
lion in the South to maintain its domestic in
at every sacrifice, no matter how
cnlomtous and appalling. The admission
ct Texas into the Union would at once give
us an imposing attitude on this subject,
which, considering that the aboitionistS are
gaining strenrth, we do now, by
no means enjoy.
am in favor of employing the university
fund, without delay, in the erection of a
State university, on liberal scale That by
our children at home, we nav
have them under our own eve, and expend
within our limits the large SUM Of money
which must otherwise be annually expcnI-
ed abroad for this object; and considering
that intelligence and plbic virtue are es-
senlial to the preservation of free Institutions
am disposed to cooperate, with hearty good
will, in every jndicious scheme, for the cs-
adjustment Of common schools, ana the
general diffusion of learning. think, too,
we ought to promote vigorously, AMI with
our own rosourccs,a liberal system of inter.
nal improvement, to afford the people the
means OF easy lntercommunication, and off
carrying their produce to market.
am a Rcpnblican-a politician of the |
Jettersonlln schooI-ardcntly attached TO
The complex system of government framed
by our fathers, and anxious to preserve it
by minimizing the dignity of the States, and
restricting the General Government to the
exercise OF those powers conferred bv the
and to such others as are
necessary and proper" TO the beneficial
employment ofthose which are specified.
The State ofMississippi is rich in all the
elements of greatness. Possessed of a pop-
uIatIon distinguished for enterprise--biess-
ed with soil TO produce and climate TO
mature, the most valuable productions ofthe
earth--reposing, as it were, upon the banks
ofthe mighty Father of Waters with means
Of ready intercourse with all parts ofthe
world, she mnst soon go forward to accom-
olIsh an elevated and enviable DESTINY. in
lespIte of her present commercial deDen- :
ience and pecuniary embarrassments. A
within her limits for twelve years.
occasionally in her Legislative
with her interests and I
Ter institutions, should feel a Just pride as i
lor Chief Magistrate. (if it be the good !
pleasure of my feIIow-ciiizens) to contribute S
omewhlt, in conducting her onward in her {
ugh career; but if they determine other |
wise, my best wishes as a private citizen {
hall still be hroathed for the happiness md t
'rDsperty of her people, and that all her c