The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1838-11-29
ao,ernor's Message.

Il lhe Mer'asz
.h..,sn 10 Jag bfiaEs our Frzi''''
c..;,,n, J.eksnn made sysiems''E
.,,,,a lie ensa..t system. lie se
..,hn IN vim trade aa h''IE"wrd
'''''- 80, a. breaI:" he aliasked and
.s.an ,l,r Uai,rd Sls'e. Bank: and
a..r.s.u ani album nasnn ihr Issues
.'rh,ns., iy hrs eirrular Irquinng she
-, Car lands ~ Specie. This gave
- % merchants. bankers sud zap
-. ..,.,. silh lie ,nsIinci 81 se.i pre-
,,,.,,,. ,r,as.ul,d Ill.ir sails 10 'he cam
...o,,n. ha.ban.!rd ll,rir Tes"nrrrs. CALI
I'm ,l,+ir means. and Teaeiion and ruin
s,,a.a.ea.rd.
The eullne treasury had hem drPnsiG-
=, Eta . lea larai hanks. and. with the
a.. If hr.lsng the w"und ~hirh he
n,i,,a rl-I upnn the commerce and eEsd-
"A a., e,nnmy. the I'ie.i'ieHi de'srmin.
"A .a ,l,r PEI BAak systrm. THIS he
.-,.n..ed sh..ulI ansser al 'he pur?"sss
,b- l,.ns Il thr uni'sd States. unal-
,..I.A al, ~ evils and dsnefrs. While
a.. -. .,s,lrs cohunu-i 10 arrum"I~Ir.
60. ,'r..rI.rs srrmrd "a the S.y 81 iul-
s.ur.., .nd lae President congratulated
re u,.al,c ga has suFcss'; YET ihr FFaT-
a., ara, ..s.; = S,asmi had hrrn g'Sen
=, ,,,,,.,r confidence 1hIrh tie hF~ls.g
,,..s. .. t,r Pfr.i i.'Gl raUld tat rrsri';
-, 4 .rraa. prrs-r,l Iut'' m-IAei. ard the
,,c,. d.r,.ne.': sl,rk. wr"i d"sn. pr"p-
:, ,..a4.es = .n,ls a re,lurrd Prirrs: 'hs
49,. e,,t tlrt.. aud - IHrn were press
.ii.r III. ~. nrni - silr'r drh'.: the ''e-
, .,.. .rI- ..i, dI.an. = further cuEIa'l-
'u.n, -. nrfr..alt; nn h"re 81 Trl.sl
p. ,,,,...I. e .nii .rurr sas dh.sr"Ae ed. hu-
.,,,.e. u.r.tl-l add Ih~ sus, rnsI'ns i".-
l,.r.i 1uh .lI1's ir ia al bankruptcy AMI
t,,a. The lm.i li."k.. "a I.rI lara,
~.r, DISCARDED ana drna tuerd a. un-
- ,,i,, tie r.alidrncr IL the government
at ,,"plr.
T..x nave terminated = s-TIFs af ~
d,.r, 81 .md pr'nir'nu. rxrrTmrnts--s
,aqIdarc p.''ir, ri wte rhrd enfedirn's:
,,.,ns 20 pn I'll the parlr debt .'sd 60
,.,.,.,.a han. m.unfaclurr.; ssIsblI.hine
= Bnk Il lie Unn d Stairs II nnr m"-
m-a,. .nl ,.uIaing q d"sn A. u"ron.iIIu.
mn.l Il ,h- neg: ere ing a high pt"-
wsu.. mG ".d.y and drsir", ing II to-
mn,rn.. cnIl.rung = surplus Fesrnur
tran tie - ants 81 Ihr pr"Il": Pair"n'Z'
az, c.rr.sine ani 81 uulsIIng mI0 IN Ill
mrs. AID Inly The Rank 81 tie STATES,
aud then d~auunr,ng Itrm f"T falling tn
.rtn nplsh shh u" Ta'I"nal hrins e"'ii
have exported ICON thrn. They could
not rreulsI- tie rIrhsnges. snd q use
rqr.l FOLLY neIprc; thai Ihsy Gould With
,.And The shark. " hlch h.,aI ~ CiienHl-
sla ,ces bryand thrH eanIfol DRIVE ur"n
,hrm. They werr r''mprlIrd I" .usprnd
Payments. unul um. PLACED an"thrr crop
a. MARKET 10 remit the balances 81 Emrn.
ps.n cIrdmurs. and TO repair lnsses ii
hume.
My confidence in our local Banks !:
mol lmpsir.d. They have suffered With
The country generally. hren uni"r1unsie,
perhAp. imprudenI; but ,heysrr the arms
al our credit system, AID wi,h the in'
prnsrmenIs and lImlisllnns ~htch expr'
Renee has suggested. they are esssnna
io u. aud ought Ia he sustained. The
B.uks NJ iii. Slre. from = eonparamv,
examination III IheIr cundllian with IhC
In.u uaInns 81 the other States, sInu,l n
the prr,"d nl the 81. pension IN a vefy e.
,ufahie pnslu"u; aud ! Vas impressed
wuh .hr ".',ni"n that they, II any. c"ul,
have sustained their pay menis Through
ou, the pressure. But Ihru able maus
gers. Vim kn~w their situation best. he
tIrvrd ulhrrwts-. and Ihry fhIln~rd thu
general example. Tiny have again
~uh laudab.e alierity, hllnsrd III IN,
resunpu"n. aud nov mcrI their pay
mrn IN specie.
som alter The suspensions II the banks
the Legislatures ul several States wrr,
Convened IL arrest. Il pnss,ble, the down
ward r"ursr ri hhngs. and tn ai''rh snr'
relIet a. circumstances might demand
Cnder such respectable examples. an n
u" Suggestion al many respectable riu
zrns. ! deemed 1t due Ia the people tn SUN
mnu the Cuuncil "I STATE tn advise wul
me as 10 the course which u would b,
best Ia pursue. AiIer vIcsIug the suua
n"n al the Banks aud the wants III IN,
community, con'ennun al the Geurra
Assembly Vas not ,leemrd necessary.
~s believed that 10 assistance ruuld b.
Afforded these Ins,tIutians consistent vii
The rIghls ul the penp.e. aud that sm;,l
pr"itcuon was Afforded the community
by tie penal clause al the charters, al
h"hg IL per cent. interest an reiusin,
10 r"'lerm tier noIes.
Ihe sympathy "f our citizens with III
'nierers al tile tunes, even ID The hunt
'd hank, Is str"ng rv,drnre ri lis hbr
amy. i"rhearanre and right.mrutic,lnrs IS
Denanis were Seldom male, aud nl yer,
I'e"a"'irrahe amounts. Few were fun nd
sNAA "a X itEts Ia, t,, Il II