The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1839-08-22


HINTS-woIlhy the attention Of the
People:
The tines ate perplexing-sll may not
vet feel his petplsxi,y. but il is impossi-
Vie 10 injure vr destroy any one interest.
without extending The injury TO all even.
lGally-for We are Ill one family. Z" L
Piuubus Unum" means something. or il
10 nothing.
!. may suit the political purposes OF
a party. 10 strike . fatal blow al one
iaiussi. aud thereby gain . temporary
power. oUI in good time this fatal blow
viii. like the electric chain. causing The
shock 10 other and Ill interests. and then
that pOIrer. thus ingeniously gained, v i'll
10 TINE be struck down.
The present party in power gained its
aIeendsncy by assuring the mass that an
experiment" upon the country would
rru'e beneficial 10 that mass-she mass
believed il. and the experiment vas
made.
We had . currency bsifsr Than gold
and silver. because il paid debts ., remote
points. and performed ell the operations
Of exchanges more economically than
transporting gold or silver. II A. 81
New York, owes b. al New Orleans. one
thousand dollars. The question wss. how
vas A. TO pay Bi There were tao
ways. one Vas 10 send one thousand dol
lars in geld OF silver, OF send National
bank draft os bill. Nov IL D. 81 New
Orleans could al ~lll obtain las be always
rOuld the specie st New Orleans,
IVr National Bank bill. IL suited him
quite 40 well 90 TO receive box or beg
eonlsining one thousand dollars in gold
OF slver--and IL A. could obtain that bill
10 ,end in q letter, il saved the expense
Of transporting box Of silver. weighing
IIly pounds, from New York 10 New
Orleans. hence such . currency vas
just 80 much better Than gold end silver.
1" The difference Of expense in transport.
ing-io say nothing Of risk Of the ,osaI
loss. by robbins or accident. Such va,
The currency We hsd-will any one deny
~ We pause for = reply.
We have now large amount Of coir
in The United States. but Of whs, use i.
il Tor purposes Of developing industry
tpdc and inlereoursei II cost Ne i,s ful
value; bu, il 10 dear 10 all purposes o
prscucal usefulness. Ofwhat use are hare
dollars 10 man IL he locks them up, ans
for he want Of them in sc,ion, lets hIs
fields 70 TO weeds and his fences remair
prOs,rale--his roads impossible. end hi
family ragerd-he has ohIained them b,
his labor aud industry, and holds them q
no useful purposes. lie may say. " O
like 10 hold hard money. aud .hIs email
stocking full cant do harms" bu. IL he i
night, oil would be right 10 doing ih
same thing, and Via. would be the &c
suit! Better by far lay them out in som
useful developement.
The good book ,ells us useful lessoI
on this subjec,, in the passage Of th
buried talent Of silver.
We want q national currency. some
hing better Than gold and silssr--suc
We once had. and such We must hav
again. il we desire 10 assume prospetou
condi,ion-wilhout il. we shall 60 iror
bad 10 worse gill We descend to The ran
o. nations enjoying neither credit O
power q, home, nor respec. or conhdenc
abroad.
Much 10 said against the principle {
Borrowing. VIVA, is i'll II A. ca
borrow OF b. wha, II. has TO lend, and A
makes his calculations Of gain or prof
,by his borrowing, wha. is the crime
The industrious man wanting capital
carry on his pursuits. borrows Of thos
who have capital to lend--bo.h Of
benefited by j.; aud just so with nation
/" men-cspilal will seek employmei
AID II asks securily--ptoduc1Ve indussr
" the best security, and such we otfs