The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-10-06

I - 4A&AN A#4M 4%ANANf*# -
bsnksfs. iearng hi he pubic dsPosl'ss
would b. called Cor 10 metal, bsrame
alarmed - Iheir o~n enndiuonr closed
lhem dsors. and suspended sIfclr pay
naenl. Hereby pusliag il api Il shT pes-
Of Ibis Government . pay ihe pnhlir dues
.cc"rdirg - iaw. II sreeie o. - sqaiEs-
lent, .-.saee q
THIS lssid Nr. z. ! abnsi sisirmsai
II lhe eausrs aillrli have prodarea tic
presses, embarrassment and disusss lhsI
sunanni ~. Il 49, an neioEinI ar tau
,erina .wllh thr enrrsnr, ard 'he pnhllc
,lcpossses hy ihe E1erulire II lhs Iailsd
Stairs. Oar iiaabirs hsss eome s0nnsT
anI lighsrr thaa iheY would have d''ne
ia lie fr,asufy OTdrr nskes eN,siea.
New fur ihe Ismr.,y. The hs.i "a
=, rcd lF's.R he committee ~ fuasr".
ID. ., ss,'g ~! 10 q dulles . qa''iic ..i-
e., - ~ u i~f,tn'si il. in.rr!- to "ai
u',e tia t.arrrnueai isonr I'll h.tak..
"A ls auil..f,zs Ire Taea- $ DspsTl-
zee At IL Keep anl .dsh'Esr SIS -" ..
" s..rs'., sac Wtls5e te4nsts n s.4f a. sis-
| met. l,>p.- ~a5- 81. aas.b. j. Hs.-i .
Eats ai3"Er'ars Faa j. .rshe l,ia g..
meZht u ~ LII aa. ~.4aess st@sn ssr
p'Tisec Of - ~."F#.a 7s''. - SO
sa0rk afF's s~teut, -oa ses'#s. ss.s* ~
creased 9.ir aaee ~ poW"l - = 80
Ter 80 HE lsxrfalse a3aa 4 - ',"''s j.
'asnt, lie vnala ~. Ae.iafr aa 81 vs.ss- e
tai he would o.. HI L. ., NJ hr aes.t
be slow n yieid,'a i - afgsfl an'. a.e
hoped 4 81 aheuef a. Hf,,y III br lanna
H. hal ur.er hteu ~ adyala.. iar o=s.la
litter nf State ar local hluss e., a-ee1
agents Of iae Gasernmenl; they csEssrs
within themselves anlaganl,i prime pies,
each PEI. sessing separate sieas aIld ln.,a-
ing tn illf interested tllemnWn ;.all-
ers thy cannu, ~ will moi All taai thrr in
transmitting ~ disbutsing the p llls alo-
ney al lie ialtsd State; and 80 la"g -
shey are used IL deposii1rics If lhe pub.
lic money, eaharrass,nraIs and occss!"a
al lassts max ba Up rted.
Mr. u sai tina, he was opposed H.
laking any raarse befe lhst would have
a tendency 10 rdppIe m 70 bgeak dawn
lhe Stale Btnks; lhe aenple we're earnnr-
a e1 to establish Sa banks, ia keep
| dean = Baas af ,.,e Unued S:aias; ties
had vested heir capital 60 very large
aDoIHt IN these Institutions: mary 0l
lhssc backs were perfectly sol,eni aud
sair; nnRe more 80 ihan The baaks nf The
| state from hirh he came. The banks
Of ludIaas wee waiting 20 see Whist Con.
grrss, the Executive, and other hanks
-cauld or wnuld d.. Intending, at an ear
" dav. :" resume specie payment, aud
honestly tn =, deem All their pa, 90. and
, he caulj give no vote Ia discourage or
i prerrasllgsle % desirable ~ oblrcl.
II VAS true that Tie banks had not ct
ed well IN sUspen5ing specie payment
| aud embarrassing tie GovernnTni. but
we should deal mereiiully with them: u
single breath from the Executive. saying
TO the State banks We viii M longer re.
ceiEe your paper in payment az dates
aud sales o( the public lands, " III strike
fifty per cent MI ,he yslue ol all the pro-
| perty ol our constituents vested IN these
banks. indeed, of all the property. ofete.
. ~ description. aud ae was not hTepated
10 sanction such course. In the lam
gnage of the West, give Us laid rfiire
money: Whale er will buy land. l. a. good
as g"ld--is ~ par in all monled transac.
lions IN The Western States. No matter
however old or ragged paper may be. If IL
contains words, letters and figures enough
10 be receivable for public lands, IL Is as
gond as gold, and IL matters moi what kind
OF money II may he: II not received in
the land office. u is of unreTlain aud
manageable value. II finds its way mtu
the hands Of the poorer class oi the CON.
munity; they are liable 10 be imposed nn
and shaved BY the rich. IN whose hands
the better currency was always found.
| This would be the effect on the Western
people, il We refuse Ia receive the paper
OF their banks IN payment f"r The publlc
lands. and he left il fur the Senators re-
presenting the Interests Of banks easl al
the mountains IL say what would I've lis
effect on the interest oil their Constituents,
should the General Government refuse
T. receive their bank paper in paymen,
Tor revenue above ali tmngs, Congress
should establish and maillain a uniform
currency Have gentlemen forgotten
bow Iur'Ibl, the hnnnrable Senator lr,r
S"u'h 'ar"I'na (Mr. Calhoun describe,
the Influence III ths Govrrr'mcrt an rvr
rency the other day, when be- said, II the
United States would bat endorse the
note nt the beggar, II will pass at par!
and will thai Senator now to very
large proportion Of The people of hi.
country. we cannot receive the paper oil
your banks for public dues, when by tha,
single act he will bankrupt thousands who
have strong claims both on the justice and
the clemency of this Government!
:, Mr. II said no ;vonIj M, J,,; Al, =