The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1839-01-03

GNNm-kass A8@& = - - =
1. our f.ss..-a I larsEs. We az ssksI
L.. here .lser.--sas lhs e.,anIgy - dis
hsa,.rrs a.ie.. 49, d's'h.fgs thai debt ."
thr ugl~rassssa isEl'tag-
Fy hi. psrp.,e--ghs sariy and iai.s
a,.-h,r,r 4 s..lr drh, ba f',rrIgasrs-ahr
wbI- sawes Of liz Bank 4 Ghe Unisr'i
s,,s,, "a. IleEa,eI. L. sarh eFtsis II
%, ryu8~ns that Il resnrG MS hal % r.
al esrts,laasnls. Ihr ahilIsy IN paE E''aid
). Internationally dinInishe.l: ah'ie the
oaIy ,rus sys,sn was, I" keep the enun.
trv =. auth Al ease - e.sns,slTd SIsh iIs
..lr,v. =, =. Ia ~nablr U.e drhl'''s IN e"l-
lee, th-ir Fe-0arrrs 60 the da.rhaFas ~
th-sr i.s,s. Dor Gas san- PnFr"se 1he
h.nk. III .,ssh ra,i'.lv ""' 81 IL r''nEse nj
has,.~s.. a "a ~ ,..,+ dssrr- al ess'ilsi''n
1ah 49, .aNa ~ iasisF ia'"frsis. sSsl'n-
Ell N tis- agrssrl 60 r.,iires"g lie 'ifbis
ol The Rsak ~ Ensl.wd.-esKr every Ia
rIlsl, Iar lhr fer"srry al all drhis. aad
su.nui.,-l sur e..lnlry mrn Ia si'is duiy by
earns al CONSTANT sPp-zls t. iiirls h''s'-
or ani tis.Ir lFar Iatrss>Is. With What
. g@a~r.,si. e-pul attain lh Il appeal as an
ss-r.a ,an srll knas---l..r q tnurhsd
. eh.rl - / h les deep az al Amenesa
heart. n shr nH,er-, 4 Distress whlch
p-Ftssirl sh- c,,mInunug rould Hnl he
wun~.s~i ai.hmI pa,niIl sympathy
it, mrl .nchag ~. rrdrrHrd b. The
high sni - ,alv smrH winch 70 ranssd
throughout ih- Canary. Far never, an
il. ,aa.s ginra0ls frtis ii b,IIlr. was
there d,sp,.tri nar~ ! 'lty senli aeni al
hnaar 81! courage than was them eAh,h-
iieI. The hnaesI payment ol debt,
homrly du'y ri private lf-.-.was elevated
BY it, universally into = ssntImenI III
uatinnai haaar..- a. lie whole eunulry IN
mass pressed inrwsrd IL iis performance.
as 10 some sarred aud patriotic ohl'ga-
ton. Whatever could hr paid. MAS paid
Instantly aud eheeriHlly; what II WAS lai'
possible TO pay al once. sss secured u ilh
ample interest fhr the delay. wmh an Ut
ter abandon nenl ol mere srllishness. aud
Q disregard Of any pecunisrv sarTIIire ne
cessary tn fulfil their engagements. Ac
eordingly the manner in which the unI-
ted States have set led heT Immense c,'n-
mercis! debt To Europe is a laslIng m"n- /.
umpni Of their integrity. M connlry |
could have better performed its duty. |
Even in The calnesI mnnenis If prhs- /
periiy such settlement could scarcely ,
be Imagined as vas accomplished aIII,lsl !
the general wreck aud roniusl"n III all
its great interests WIlh winch the roun
uy vas sfilIrIed. The consequence is
that the general credit of the country new |
er stood higher than a, this moment; lur
il has nov canned distinction enifely |
exclusive and charscIerisnr--.IhaI While |
the Government of the Uthled States is |
The only Government on earth that has |
ever pad 10 The last &c u it, national drhl. |
The people uf The Uni'ei S,a;es have dis
charged ihe'r pr,alr engagements With
sn h'examp!ej idrIl'; arnil glory This.
sorth Ihausand rIciurifs.
In Ghe midst al these troubles lie cha
rseGsr of Wr institutions vas threatened
By combHau"n ri puliHcI.ns "a Penn- !
sylVshia. xhn eu.rasnrej la establish. |
a. Ihr b3.,s oi Anerr4n Legislation, that
. charter Il ai'a-r ~maag-a,rmt made h.
any sse teg.isufe vas haIne Ia b.
annuiiei b. tnt .ub-rg .-u' legislature.
and sui mere ell. ..s " ~ suy ,nlH'
eel meeting called rnuvsvitnn ~ hrh
10 oalv aaoshet RIA 81 extraordinary IL
gissiInu---and ~ aE-mgt u.s. snn0unr-
ed t. carry lial dogma ito eiIrrt At =
coa.ea'pna lien api raArl,ng. The 49,
ssrIian nj yu''i = tIg4' ny the Stale Gov
era'ueaI to sHtuI all is engagements Ia
fnreigu, pal lnrth al Rppeut ahen
The c"un ~ Vas iah"npg unslr4 Ie'Hls,
rsry Iushii',y la pa, sss drbfs. was raj.
eulaled ID destroy III cnntisenrr 10 The
integrity 1T our Ame.tcan IsSiithuDas.-
AMI theieiore SAID 10 yoa III fpy 1rlter
80 Thus musI nrl he. L. must be d.c,ded
this i'rnns, lVamIa Of ours IS \
vrtuous Community or a mere snrIeiy nG
plundtrers-.-nar viii the honor ri the
state b. relieved until tie, conVrnlion =.
DAFT some snleurn declaration tiisI there
Is n power IN this nation Capable al vm
lsung TIE s4rred engagrn ens Of the state
suihnriues TIA, shnuld b. done. AMI
il anv riTaris If m'nr NAV avail, Thai
shall be dane. Tor Th- hnnur II THIS state,
iar The rnarartrr of her sisler ss,lrs. and
tor the stability ri our popular Insliiu-
tons"
Accordingly. slrsa The convention met.
ons vi It's INST drriifd arts v as the FOL
law'ng resuiut'", passed on The 2lst Of
Norrnher, 1887.
Resolved, That II is the s-nse of this
e"nsrnun that charter duly granted
UHIrr al 4ct II Assembly. 10 bank or
"'hst prissie c"rpnsai o,l. y. when &C.
eeP'rd. contract With p.r,ies 10 whom
The grant IL made; aud II such charter be
unduly granted ar subsequently, miSu>ei. |
q may he asoHI'I bs Tia. Judgment or
Court ~ Jsstice ~ due course III law, aud |
net "t'er"'se, Unlrss ia pursuance of
power expressly reserved IN the charter.
The obligation of tie Sac legislatures
!" 'uihi all their engagements made with |
fRFel "A a. a.. l.