The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-01-27

sasg will b. the gaia " your ctAas. y
I'm, exchanging unknown and douoitul
naper over Which you can hsse No con
,rol. f,r lhs notes of an lnsliiallnn. siIh. .
br.nch ID your own S.ale. subleci 70 yoar
own supervision, and based uron ne
firmesi security.
Bnl lheIe j. slill another important
beu,6l whi-h this bank viii confer upon
your people. Aipreseni ihe trade INTO
Seath Carolina a. said befnre rearhes
,hrpe Millions Of dollars. As this trade
i NOT. mere barter. the sriicles said must
Of course Be paid Cor 10 some kind Of
paper. Az present. there being NJ ear.
euiaiing medium sulfirieni fnr The pur-
nose. he greater part Is aken back N
bills of exchange II cnsi II something
near ane per cent besides loss ol int.
rest Ins al least thirty days. Suppose
Nsr.h Carolina 10 furnish one third 81
this rade; The annual expense then npon
her ritizens merely lnr this exchange.
would exceed ten thousand d"llars. This
tax viii almost entirely be saved By this
hank. because rs currency vii answer
al lhe purpases Of exchange 10 The dli.
IerenI secliuns II the rnuie, and will thus
facilitate in every respect the operations
Of trade.
And what q last is The boon asked 81
yeur hands Cor benefits 50 vast and en-
during! II is 10 grant thai which you
have given 10 The alher hanks IN your
state Tor tax Of one fourth per ceRt. On
their capital without deriving from them
any public benefit or any other can.rlbu.
linn 10 the improvement Of the states.
Compare this pil,ance with even The Ger.
tain advantages offered BY The bank now
proposed Here you hare an outlay NJ
three millions among your eiiizens--s
road fastened IN the soil, which . itself
a source &c wealth, and upon which y"u
have reserved The right 10 levy taxes
The increased value Of property which u
will certainly produce--lhe villages 10
which il v.ll - certainly give hirIh-ihe
saving 10 your citizens In furnishing
their exchsnees--lhe substituting sound
and stable currency cor one thai - doubt
fuI and unknown-besides al the Other
advantages upon which have already so
fully descanied. Can yaa refuse this
boonl Will you rejec, The hrigh,es, hope
DC internal improvement, which has ever
beamed upon your sialel
A refusal al this time on your part,
Mr.. Speaker. would be particularly IN.
fortunate. II cannot have escaped your
observation. that South Csrolins has 3
choice % two routes 70 the commerce Of
The WesI--,he one through your state
the other through Georgia. For reasons
satisfactory IN themselves. The Conven.
iion a Knoxville determined upon the
roule through your slate. and South Ca.
rolins aciing in good faith. nos offers 10
redeem their pledge. n YOU rjee, thar
offer. she has no alternative left, and The
Road through your state 10 lost forever.
Il is question Of some doubt. whether.
in any event, the Georgia route 10 Mem
phis would not have been more adysnta-
eeous 20 South Carolina. Al oil events.
the energy with which Georgia 10 pur
suing her rail roads. and The large sub.
scnptions she has just made 10 them. in. !
dlcaie that she would zealously have |
united all her efforts with South Carroll !
ma, had the offer been made 10 her which
10 nov made TO YOU. The claim upon
you therefore uniies your interests with
your honor, and scqnires the most ser- /
ous importance. II you refuse TO &c
owIedge IL. you sbsle the zeal and de
siroy the influence Of those who prefer :
red your alliance. They will be justly
accused OF having declined the advances
Of Georgia, whose earnesiness IN the
cause Of internal improvement, has jus, .
been proved. Tor North Carolina, who
will by your refusal. have svinced an
apathy the must repelling. A resulsion
Of public feeling will be The result; all
hope Of union with you will be abandon.
ID forever, and the golden ,ide Of com
nerce viii be turned from your shores 10
cave them yet more waste and desclaie.
have thus, Mr.. Speaker, csnvsssed .
III The views which have occurred 10 me, /
ouching The subject Of your deliberations. /
have discharged nv duty. Il is now !
or you 10 aeI. lie. no man mistake The
position 10 which he stands. The vote .
II this Senate must now decide whether
-FOUR state shall advance or recede. Up
N every Senator there is an immense
responsibility. II By his vote this work /
hall fall what . reckoning will be de- :
handed a. bis handl II through hrs ii.
nudity or indifference. the people Of your .
tate shall be deprived of The benefits
which this road offers. how great will be /
us condemnation! Destroy this project,
md what hope is there from any olheri
Upon This The energies OF the South have /
'eeu concenlerred Public opinion has
'een directed TO il from every quarter, .
md il il now fail. il will be futile 10 pro.
lose another. With il. falls prostate all