The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-07-28

II
Il vii Be entitled % deliberate aud impair
tial consideration. Iregrei ihai il i not
now before the country. that | night, in
this communication, signify nv sppr0ba-
tion or dissenl--On subject. upon which
those. with better means Of information,
and longer serSed in fiscal afairs appear
70 be Al loss-l must nerds speak with
difhdence-and bur Cor your nsht 70
know even the Indications Of my mind.
| might without improprieiy be silent
until every plan was fully developed.
As yel, h0weEer. perceive ~ safer guide
than eKperienre-thaI q National Bank.
both that chartered under General Wash
ingion. aud under Mr.. Madison MAS high
" beneficial in eolleeting and transmit
ting the public monies. and IN equal,Zing
exehanges--lhaI afier the first IeH YEAR
ol their existence their paper vas equal
10 gold and silver IN al Paris Hf the Union
and an many foreign countries. thereby
preventing the expectation II specie and
that the late contributed greatly. Il IL did
not solely cause the resumption IL specie
Paymenls bi the Slsie Banks, then a.
nov, almost universally suspended. he
lleFe. are facts demonstrated bv onr lie
tnry--these were their benefits Itwas
SAID IN the other hand that lhey were dam
gerous 90 liberty and guilty. IL ;.npro,fr
praeilses i"r wIa.::::a'i, iney ceased a. ~
ifnnal Institutions. | am aware III the
dangers NJ mnnisd power. and IL snch
corporation cannot b. 80 restricted, A. 10
be incapable Of ~antnu injury either To-
the public or individuals, il shoul,i nnl he
allowed. But the Legislative power must
he lamenlshly impnieni, II u csnnni fash.
ion the creation III It's own creature, 80 lar
a. % render il accountable To the laa 10
~ conduct. and punish, II not prere.t
rs abuses. | believe COngIess has ne
Constitutional power IN establish Baik.
and ! al present, perceive nn mta'uTe :
better calculated "a relieve our disIn,ses.
have been thus explicit IN the stat meni
OF nv present Impressions. bee ise, If
elected. ! wish to h. al liberty u support
such measures a. the best interests Of ihr
eoulrN may require, sfler a du e0nstde-
ration at all. Should this b. The incnT-
poration q: a Bank. | assure sou, IL would
proceed from no personal orparlizan zeal
from 90 particular love e. Banks. but
a eOnSlcilon If puhhc betPfii. ! could
never. however give nv consent tn such
40 lnsuiulnn. unless urler such guards
as would prevent all aIIses whlch could
he ioTrsesn. To avci all m,sconstuc-
lion of motive, ! tai. the llbrrly In state,
tia. have never hem either a sharehuld.
er or debtor IN ans Bank whalrver-lhe
nnly interest | hFse in them, o.. "a cnm-
non with every oiher citizen. that their
notes shall al a. times BE- convertible inln
SI'ecIe, and iIcTeiore equal TO II.
IL j. know 10 many nj YOU. that did
not c"nrur u the election nj the present
aud should a compeu.
or be prr@nied whom | NAV prefer. I
probable shall not do so at the next cleo
inn. will 1adcaYour. nevertheless.
Thelhr IN public or private hle tn do
nstlc' to his measures, and should deem
nyell altogether unworthy of Your con.
ienre' we're capable Of opposing or
sporting ans measures on account Of
re source from whirh il srpung. Nv
rst wish IS that The country shall he .reH
ocsrnet. rather than that II shall b. 70.
errsf hy any particular set of men.
ly opinions "a relallun 10 the PubI,r .
ands. The distribution Of the Surplus Re-.
'nue, The repeal If the Treasury CIrcu. I
T, and the wanton interference with ,ur
gh's IN the attempts at Abolition, by
? rrople "f other States, are, presume
Efficiently known Ia require no notice
re. With this imperfect exposition Of ;,
y sentiments. cheerGuIly leave the re-. i
~ with you perfectly satisfied whatever =
NAV be. u
Your Fellow -Crazen. !,
n