True American. [volume] (New Orleans [La.]) 1835-18??, 1839-02-28
CLAY'S
Speech on Abolition.

Recently delivered in the Senate Of the
United States For sale at the Counting
Room Of the True American Office, St.
Charles Exchange, by the dozen or single.
copy.
:l,Rrcr rRApE---ANankjc Steam Navigation. Tie |
fac that New ORLEANS is vitality Interested i'll direct
hadc with Europe, is n1ispu;aie. New York and /
Phil DE- phia lave taken steps TO navigate the ocean by
st.om-to the former place. there ale Iiacs fem Liver
pool and Bristol already III successful! operation. That
soa, car, be used for navigation, has hecn album
dainty prored. T5nra lie dou!ngs and iusgiv
ings now. The mcs! tnl:d an "nrtti must have
pttckrd courage since the nit has been made
uud every thing like wait Of confrnge il i!s practical
/ pi!,ty, SO entire J di5sii MED
| We, re. that Nj punber lnroduce, iao,r llo 1855
of Representatives. Aod ", resolution expressing
The willingness Of the Legislature, 10 tate stock or
grant the credit Of the stale TO com,any-for steam
navigation between New Orleans Liverpool and issre,
which was read for the fist time. The Importance OF
such line as ia contemplated i'll Mr.. DuAhnrs resou-
lion must be apparent to all who will give the SUBJECT
4 o moment. reflection. Why make New OrIcans
the direct importer ofle articles she CONSUMES, aud
indeed for the wEnls west! Why should she pay rb
~ from the manufactures, through that great comner
ciai metropolis Because have been accustomed to
pay this tax upon articles CT consuna,or shall r
main forever content TO bear !n burtheu, through the
means are at hand to strike il Off
The purchases nearly the whole Of the groceries
saned, this market Why not then, make it eligible
rol. for procuring those foreign articles of consumption
which arc purchased New Ior and Philadelphia.
present. much of the merchandise bought New York by
Western Merchants shipped first New Orleans where
he reshpped iore hes It's distinction OF
this afS such merchandise paid by the
which wotd tho if direct trade carried
This place and Europe and tho goods purchased
here. There would be bm, the original charges Of a0srorta
ton to pay Would it be nducemcut make this tho
place Of purchase, that the grocery market is furnished here
and that additional expense would be incurred his
would also be relief the for the could
!, h. afforded at diminished cost
Every inducem held oren direct trad" wit
Europe We oonreieG to took Ne" York f aI'ic
E respecting the Cotton Nallet-out CHEF coarodyt"
gr of our cirnefca Importance. The Ocean
b. By vessel, the tine necessary
n III York an. l u'a be able take gtvanI,s"
early Intelligence. have the advantage taken Of
- by prior knowledge of the European markets
I, The New Orleans and Liverpool would
e diminished shonlI nl have
\, anty Of getting Staples into narhe, within given tint
ID The advantages ;hat would from direct radr
IN uahIoi and il continue drag along in The Old
" sh'e sister cities Pu,ng tukn9 advantage Of ever
Improvement the consequence viii be- at shall IA
behind them in character and Contribute to tne!
wca tn, whilst alsractine from
+ FREE EAaEIse --tbe Bee some ,i'ae since We n
.icea that our accompanies seemed co,nnlel
ri nern1t the inject of Free Backing 10 hehscu sGd m
III the system adopted or rejected, without my a3enny
theirs. We thoughi it soue"h hat Singular chat the
sn9ud suffer aug lit Of such vital importance to sra
gle on al,ne, without lending their aercpeoH add b
Nv when reflected that the Bee is not FREE gather h
in pey from every flower, but conGne It's wing
~ tain parienes, ii ceased to be wonder. The fact
A. five have been greatly msinormcd, at3aege3 !
nd faencc unconnected with Of the old Baukil
try institutions and swaying their desues, has a word
-' say in the guidance Of the Bee. No, that would
sinuutc even for moment, tho, ueighbors who
sponsors or wha,e.er il tenrinn is broad wings,
not governed BY fle, will OF are Subjected IN osolt
,i2lslion, but 'va might from the prsnscs nler Il
x they l.5an to counsel supct.l3s, e'a4patng ',on
source just ailnded to:
A, length, g.ons t'angs The Bee has be IN l,ljv
cd. With comnt,nd1ie m9irsty. irs r'.ec .rns
Free Bunt;ng system, are lie ,rjv stated. !
nmongs; such q Of ire eYant matter, that :.v
= completely sroudc;, in tie mysety. We gather T.,
rpsicm has been tret etsowhcr'or ut least hui /,
&c. n,l ,lan tilri 10 wIir il has We, Lccn subject
= hef,rc adopt it, 1t is only to be uniers,oood FRI
time and experience! I'iase two Crrnt inqIi>
= alone csn disc evils which iuw !ra,n it T.
s'r is the Dse's asonin" end it declares with ahn;ra
's REORGANIZATION, ,het j, is "nc,sr The aausas
M orfizans unconditional a;;vcrN.rys of he
sm'' We uudGrsa!ld the nianaaYre Of the Bee p
, fcclv. Its kindness is Of the lego schoul. WA!
its seemingly DUNG ttan eTes,e,i.G not friendly r,
trs, il is eniaaYung The seeds which are 10 i*r
III" armed cum,n:aLts against the
Il What d 'eS tie Fee iiaau by is; ''lt, az ii n
~ York &lHn,hoo be T.. smallest upon which banA
privileges may beer wed, the y"en viii b" oGnnxt
IN the .bnse ofbeneftins G'nce Me ari>tncratic
90, opE!cu portions OF society, ina .FITch would
individual possessing $4,000 The advantage
OILS drnniag Interest upcn two Fitl an exclude
Na npt 80 favored by fortune faui UGH edyor
ST yes. 10 illustrate. Suppose inliy,dunl posses
- o0,0G0 in state stock; he deposit, his scrp With
70 state conpt:"ller and is allowed Ne notes to
,r amount offs such deposit il is clep' that h. "ccs esd
80 regular iacres; upon lis scalp, whilst at tle
=, he cniogs the arising Of it pnle, ISIS
e.; IS" upon TINT sossoas r"sot1 tie revenue aocr.
from his capital is doubled ct i, not lie rsil,
. n3ividYals possessing smaller fortunes, could .na!.
| ?
proportion Of sock f.. it is evident dat the .nrlC bi
% ers would be abe manage ,i~ir affair.
- ic'Iiy aud at linnution of profit upon the iny
cns ,nen that would exc uac competition aud crash 81
dan tor capitalists, II therefore appears 10 .at :,!c
w arraugrmcp, would Lc odious privilege"
We advise the writer Of that paragraph TO read il
anl to think again. How cea sltF, 30 be ee
omiaaiiy hsnked UPON rs the property Of singh
Slot, d!viIual, than il ten persons had unit d TO raise
srtp? l;oa' could the dividends be create on the
OF the ctl.er How could the one Capitalist
= 100000 iugested, be able 10 stand di;nnon Of
Shp it OF line inv a;ment which the ten could not al
This worse than sopa5try.
II is certainly tefi serious objection ursed y
Bee, thas an uliyiuRI wa, Hods tate se-i?, drap
interest may llypohocate that back to III STATE,
by eeviag notes from the coinptr ylscr, i,
which t. banks drum GouHc 7sarase! T.
All arran &C :est would b.. cdious p
ledge" low is it, without adopting the law, and
rs stands AZ present, May no. individual hold
State scsip drawing interest pledge it, and raise
upon ii. and by using the active capital IT
with judgment, cause itto Ray him doable lat
: that which, accrues the scrip and the exc
81 pref. OYER tha sam raj! FOR the The capital
.p,r. vence..} We cam imagin c-ntculno
n, So Lad that Key understood Gut these
'.e B At these o1dG,ons-:ey are ".sihss gh