The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-08-30

she hReHaEs ul me hFmPafs % a44HsN ~
ise,io.s &c think q hardly ns0ssssEy tai
,,v eas EarI; II he sad experience
whieh ue have fell since he Baak has
bssa n. daHn. be nOt sutiieisna PEosf
shal fhry are inoOrreel. ne eaanai sap
pose Eisl We can say would convince
saE iadiEilual Of his eIraE.
Or Tsalers viii Tecaileel, however.
when The iirsi attack was ma.e 20 destroy
he old uniaeI States Bank, ne were
prosperous and happy. and il'zi u AS
urged by the President, IhsI Il this banS
was rnl GONn, lhe Stale Banks eoElI be
made IN answer al the purposes Tor whleh
the Uniled SIa,ss Bank MAS Chartered.
Esy the iallarnce NJ Gen. JarSsna. aadei
az tie states AMI the state inslslut0as. u
a. qua iawa. AMI he depasitss Fennsei
90 tie STATE banks. and they. in aees'F-
aanre ulth a Cisrular ii destruction fCasa
the Secretary nf the Treasury. issued
anles upmn ll,e ial'h ~ Ihe drPislles. Is
saos, - .hase nnles were freely riEenlaiei.
an ai,rmpi Gas made 10 Hish,'raw lhis de-
paste. anl 4 promise giren -, that ~
,h0ul! have a gnlA and si.'sE currency.
hen errry individual in 'hs coaalrr. ga
matter how Lumbie his sphere. Woa'!d be
seen with shln'ng dTaps 81 lhe precious
metal in great abundance. llIW have
,,lrse pleasant aa,iriPa:ions been realized
The N iusier hes bren Killed, aud yrt
we nenher see, dreim. nor hear ST q
approach "f sl,u,e g'lien days. li"w
then. We AK again. have lhnss promises
been iuliil'eR We aRsxeE. by lea,ia.
slnns. every rilizen in lhls e"mmnntt!
w,lhnaI BIZ to pay ihe postage an lei
ter from h,s friend. ~ perhaps his ahsen
family! These, then. ATE shs beaer days
this j. 0ur better currency.
Experience should s!ways he our guide
and should i, prompt men tn action now
We would have a Na'inusl Bark IN lee
than six months: lur Nhrre is the ma'
Who would nni il lie cOdN. give Us ia
currency Nc had five years s.nee. IN PIE
ference - ihe numbsrless shin plasi~Ts Il
tie present day. II was Ihra Ne eonl
- where We rlrascd, wiIh"n, giving IL
broker fee. II Is row, we can stay :
home. or give almost tao dollars fir OF
t. travel on. II was then, the merrhan
could pas lis debts abroad Without a.
discount. L. is now, II he pays them I
al, be lnsss from - To 80 per cent.
was then. we could buy lanl from III
general government, with good rrt!eemab'
paper nomey. Il is nnw, We cannai bu
It at all. without gold or silver, aud lhi
we cannot get.
In 1891, the first Y. s. Bank was cha
tered. All shings went an well un,i! III
charter expired in lsll-afer whis
there vas a depression IN the none
market. a general cry ol hsrd tines, al
almost as much mi was done to III
business men 0f The enu' Try lien a. b.
been dnne now. This state Of thin
l'cnnlinueinniil the late hank was chsrie
ed IN lsl6--when confidence was rect,
ed. \ snund eurrencS furnished Us. At
"ur GH'eTameGt was again seen saiIi'
Hlum2hsm'ly over the stream, notWit
stlndIng The waves rolled high Is0m d
sthrn which, had just passed.
, Then We see, for 30 years OF the Ia
!ur,y-seven, we have hada National Ban
and have been prosptran, aud conieni'
under il: NJ the other seven We will :;
n"'hing; look at the Iwo last years. III,
IN "ur opinion show cunelaslveiy no
! we'll we do " i.haui one.