The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1840-07-30

Tie SUD ErcdSury--The New York
ryoIess, 10 speaking of the Sub Treasury,
,.otes The following remarks We lad It
,aucb stronger aud much more ohleeliona.
lle than we had previously supposed. The
oripcipaI provisions of the bill gives the up.
po,o,ment of the officers exclusively to The
p,esident, by and with the consent Of tho
Senate. They are to be appointed for seven
,sars-unless sooner removed. They are
Z ave such security as the Treasurer thinks
efficient. The Secretary OF the Treasury
hos the power 10 draw all monies from one
Lace 10 another, at his viii aud pleasure
n fact, the whole revenues Of the country
are under the control of the President or
Is Secretary. If there are thirty millions
ar any other sum lying at New York, II can
l. ordered at an hours notice TO Charles
,an Boston, New Orleans, or any other
nan, il may be shifted from day 10 day to
an the whim or caprice Of The Secretary.
q long as the Government are IN debt, aud
] have no money on hand, the country cannot
4 EEL any serious effects; but if there should
be a season Of prosperity, and the govern
menl be possessed Of 30 or 40 millions, It
n,ghi unquestonably break any bank or a
lsrgc portion of them. Fortunately the re.
celpls into the Treasury By this Law are 10
1 lie paid
aer30th June, 1870, in Specie in Spee Bills
3jlh l54l, IN Specie, - 0p',,n Bills.
3Jth " 1874, IN specie, n apcio Bills.
3lth " 1913, all Specie.
This coming year, the payments, it wiIl
e seen, from lands, customs, aud aay thing
f..e. are to be three foufths specie Bulls
The operation of the Law will not be flil,
i fell unlil June, lsi3, ii the goycfnmoni
should be rirh, there Is nothing 10 prevent
len from accommodating and boarding. np
IL, or ocarIy all, the specie Of the ccunlU
1 The credit system, must inevitably come u
| m end Banks would be called Oh Tor eyr-
n dollar they possess, aud N turn, would be
compelled TO call 10 every debt they have
/ tgl. II is impossible 10 predict What the
operations Of the Law will b., but 10 our
eble judgment, II must be most fatal 70 the
commercial and mercantile concerns Of tho
community. - Petersburg htethgae,r.
Tie Hon CHARLES FISHER In
proceedings Of Congress Of the 7ftin-i
= 6olice that this individual asserted that
. Fayetteville Observer had printed
school" Therein, MIR. Fisher hlmse
asserted ialsohood, as ae eau easily show
| Tie remark was founded upon an Editorial
|sngraph 10 the Observer Of the 18th ulI,
shlch We stated that Pinto " a'e, d
P1rser ~ the Navy, had EDITED the RIl
| a Standard 10 1884 3, aad been cHgHc
d IA isriting for the Western CafolInlan
|llnng the pas, Sprung, and Was now odifor
& paper 10 Ohio. The reader Sill mark
IL phrascology. We asserted that he had
EDITED = two papers, and been engaged
i rriting for third. These are facts
shch have ntrcr been denied MIR. Siauly
rad the paragraph 10 the House, TO show
os officers Of the Navy we're employed
uheteupon Mr. Fisher denied says the
laelhgencer,) that ph,Io White had been
BE Editor Of paper IN his district. He
sad the newspaper 10 Fayetteville had PRINT
8 ialsebood, and that Mr.. White vas
j cae Of his constituents.
|, will be seen TINT Mr.. Fisher has as
atled the only falsehood IN the casc--a .
-aaeh of bns,oasa ~ Uh,rh he adept,
E-Fayeheriiie Obmrrr.
4 More Cheating We learn trom an an.
aonzed statement, 10 the Baltimore Amen
) 10, that 10, Of Bacon, the INVOICE COS: ul
Alch vas 1915 90, VAS purchased by the
8 0mmIssary Department Of the [ ; ard
@lipped from tho, port 10 the brig Benjamin,
f. ST. Marks, FIorda. The bacon arriy
Al s.. Marks, aud was reported to the
d department. as damaged by ret. s. Ear
semiofhcal.
d We learn from the Tallahassee Star, that
Ras bscon, 0,0i5 lbs. IN quantity. was con.
emned BY the t. 5. agent, sold al d mock
aeilOn, at phich only three persons ,ecr,
n rtseai, and tina, one Of these three, named
ifdgarood, beedme the purchaser al / Of
cent per h. Two or three days after
#as sale, says the Star, this samo bacon is
Understood to have been purchased for the
Lse Of The troops IN the service Of the ter.
4 tory al - cents per h. and is pronouuc
Il to be 20 excellent order. Mr. Ledge
300, IN his own account, ndmts that he .
FOUGHT the bacon at Of a cent, say for
Fl y 80 and that he sold I, for SllU0, g .
6aoalhs credit
& We have ouIy one remark to make up. .
p this statement. Though the govern. .
|Rnenl may be more unfortunate than faulty .
Il hen il has such uuiallhlu agents, We, the .
& ael, that immense frauds have undoubtedly 4
3een perpctraicd IN this FLORIDA war Nth .
- punishment or crcn inquiry accounts
4 such instances Of roguefy and lmpIl .
q a'cs the Administration as inefficient al
FeasL-ldy obs.
A GOOD ONE.
. We understand that IN voting for Vice .