Cheraw gazette and Pee Dee farmer. [volume] (Cheraw S.C.) 1838-1839, 1838-12-05

which renders the trade reciprocally ben.
eficial to US.
Our merchants are calculating and
pains taking class, depend on it, they have
made their calculations in figures ard find
their profit in Northern over direc; Eu.
ropean trade, OF :he present state of things
had never existed.
The city of New York possesses natural
advantages Sd greatly superior 10 any other
port in The United States that she has not
only the trade of the South but of nearly
all the Northern aud Eastern Stat, S, in
greater or less degree.
To build up home markets is celt ,inly
highly desirable and Of primary importance,
but it cannot be effected by conventioas.--
Their collected wisdom may devise the
means but they must be such means as
have heretofore produe ed the same results.
Such as have enabled the North to compete
with Europe. We must extend the credit
system; afford the means 10 erect manu-
factories to build ships, to improve our nav
ination, open canals and construct turn.
pixies and railways 10 improve and use
our water power, and to work the mines OF
ores and minerals with which our Stale So
richly abounds !; asd we must do what is
Of paramount importance, erect SeminarIes
Of education, to qualify our children the
better to improve our natural advantages, to
keep ,hc children OF the rich at home ard
avoid he extravagant expense aud the un.
congenial habits which they acquire abroad.
We must encourage our own mechanics
and impor nothing that we can make a,
home, and, finally we must do as our breth.
rem Of the North do, stay at home ourselves
except when profit or business takes US
abroad, ani cease to spend our time in
idleness and extravaganza.
We should forbear 10 cultivate sectional
and geographical feelings. There is danger
in it. 1t is enough to keep the line of rights
and attachments between the State and
General Governments separate and dis.
linct. The object Of our compact was
trade, friendly intercourse and strenghth of
numbers and | should learn with regret
The incipiency of any measure that would
tend plant bitter rivalry or angry aliena-
ton between the North and South. We
have but one peculiar Southern interest to
guard, and that is sufficient to bind US to.
gether with chains ofadamant. We lookw III
confidence to the Constitution tor protection
there, and when that fails the South rs one
man will know how TO protect herself.
NATIONAL CURRENCY.
A circulating medium OF uniform value
and in sufficient amount, is the great desld-
eralum of our extensive and enterprzng
confederacy. 1t is the life -blool of the va.
rious branches OF our spreading industry
Of our agriculture, commerce, 'rad', manu-.
fixtures and internal Improvements ofevery
description all is rendered more essen.
tial to our welfare by the extent Of our Un-
ion, the variety Of our soil and eli nate, ana
Of our people; differing almost as much in
W ns, habits and manners. This all.im.
por;ant REGULATION, apprehend. canno, be
supplied without the credit and protection
of The Federal Government, exerted either,
directly, in the establishment Of a National
Bank or, indirectly, under proper regua-
tions in favour of the banks Of the STATE.
The people very wisely gave to Con.
gress the power "to coin money, regulate
the value thereof and Of foreign coin, and
to fix the standard of weights and meas
ures." But it would not be more unrea.
sonable TO restrict the country 10 Il iden.
lical weights and measures furnished by the
Government, though they afforded not one
tenth the supply required, than it would be
TO limit it to the use of the coin thus regula-
led for the receipts and disbursements Of
the General Government. lit was right
10 do so, the government should feel itself
bound to furnish sufficient supplies both lor
its own and the peoples uses.
The leading design of these grants 10
Congress was, to render what was before
irregular, uncertain and deranged, certain,
! defined and uniform; otherwise there could
be no precision, no uniformity, and but lit.
tie Justice in the collection oftaxes and du-
ties in the various sections of the Union.-
But the grant "to regulate commerce with
foreign powers, scith the. States and Indian
tribes" indicates very strongly the intention
Of the trainers Of the constitution upon the
subject, and their sense of the necessity and
propriety Of regulating the currency, be it
what it may.
A national bank being considered un.
constitutional by the present Chief Magis.
tra,e, cannot, of course, be established DOR
ing his term of office, unless a constitution.
al majority can be obtained to control the
veto power, of which confess | entertain
no hope. The necessities of the country
have twice called such an Institution in'o
being; and under the auspices ofour m IS,
enlightened and patriotic statesmen, and it