The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1839-03-21

thisf Who have been in power while
Ibis state .nf things has been carrying ont
hhy. the very men, ~ have sllempled
70 show, who are now 80 socifer0us in
their denunciaiion Of all banks.
Although ihs abuses Of banking have
brought inesleulable evils upon The eoun-
~. slill Ihey hare taught u . lesson.
from which ne may profit Cor The future.
Ii has opened the eyes Of The people 90
The hypocrisy Of those in poser. and con-
sineed Ihem there 10 no confidence 20 be
placed in their professions. II has taught
us here is limit in the banking system,
beyond which we csnnoi 60 with safety,
and has afforded Us experience. BY which
re may be enabled 10 avoid for the 10.
iure the rocks and shoals on shieh ne
have been so nearly wrecked.
Another objection, SIR, % The specie
feature 10 this: II makes an odious diseri-
minslion between the government and
the people. The government belongs 10
The people, and IL should use, in the adj
minislralion Of ils functions, the same
medium Of currency as that used by the
people. Requiring specie in al dues 10
the general government. while The state
governments receive paper. and The peO-
pie use il in all their various transactions.
10 calculated 10 give The general govern
menl an alien character. You thus weak
en- The bonds Of ihst Union. which | look
upon no, only as the palladium Of our ci-
vii liberties, bot IS the bulwark Of our
national defence. And. sir, admonisll
those who administer the general govern
menl to beware how they abuse further
the patience Of this people. Let them
send out their tax-gslherers TO collect all
the specie in circulation. and 10 annoy
and circumscribe the operations Of our
state banks. and my word for il, the Va.
lue Of The Union will not only be cslcu.
lated, but set a. naught You ~ill have
again 10 resort TO your proclamalions and
your bills Of blood; you will have TO call
again upon the myrmidons ofiedersl pow
;er 10 enforce your system al The bayonet's
point. Think you, sir, the people Of this
country will ever consent that The Office
holders-men Who, by their habits, their
employment. and their associations, have
no sympathy in common with the greal
mass Of The communiiy-think you,
say, ,ha, The people will suffer these mer
10 receive the reward Of their prostitution
aud devotion 10 power in gold and silver
while they, themselves, have 10 use bsnl
psper' No, sir. never. They never vii
consent 10 purchase the benefits Of lhi
union al lie price Of liberty. and al th
sacrifice Of their dearest rights and in.e
rest.
II Now if gentlemen are really conscieu
lious in their support Of the specie fes
ture Of The sub.treasury, why no, carr,
The system fully out! II !, is proper 70
the general government. il is also prope
fos the state governments. Why then j
they not introduce bill, requiring III
sheriifs Of the different counties, or off
GERS 10 be appointed Tor the purpose, Y
receive nothing in payment Of taxes bu
gold or silver, dispensing altogether viii
the agency of banks. and requiring Oh
collecting officers TO keep in their ow,
! hands the money when collected, and
, pay i, on, TO the public creditors upo
, the warrant Of the treasurer Appropri
: a,ing al the same time. sufficient sur
: 70 purchase iron sales, vaults, &c. }
which the collecting officers are to kee
, The public money; and authorizing III
/. treasurer 20 transfer any amount Of III
!, funds Of the state from one point to ar
. other, ''at his discretion, whenever Oh
1 public service shall seem TO him TO re
, quire IT," I say, if the friends Of the ad
ADMINISTRATION believe such scheme prsc
\ .icable for the general government. VIII,
not propose a similar one for our ow
s,a.ei Because they know they dare no.
: Because they know the people Of hi
state would then have practical exper
. ence Of the workings Of the system; an
/. they know further, that il would be gree
Z led with indignation long and loud
D from Currltuck 20 Macon.
:. Gentlemen talk Of divorce; but, sil
lpass this sub-,reasury bill, and you wi
. thave effected divorce with vengeance
, You will have divorced the affections q
/ Ithis people IRON the government, Of I'll
Z Union. sand this, sir, is no time 10 en-
7 courage a feeling Of dissffeclion to th
. Union. feeling which unfortunately.
. fear, is beginning to pervade every SEE
h I,ion of our country. and every depart
lment OF society. Yes. sir, il is euoug
!. to make the hear. Of the patriot bleed.
= Isee with what GOODNESS the dismembel
: ment Of these states is contemplated
: But few years since, the very name {
h Idisunion was reprobsted with abhorrenct
> now, it is as familiar as household words
1 And what is the cause Of this! Are me
E less patriotic now than they were then
7 Do they less appreciate the value Of chi
!. Union! No, sir. il is because the g
- lparrr,ars - aJrip,sterad Nth an fttf