Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1840-03-06
From Tic Charleston Courier.
PIIBLIC MEETING.

Of Charleston. convened al the City Hall,
pursuant 10 notice. the meeting was organ
lied by the lIou. ii. L. .Pickney,. Mayor
of.he City, taking the Chair, aud Z. b.
Norlhrop, appointed Secretary.
The Committee, composed of the fol-
lowing gentlemen, James Rose, II. L..
Pinckney, TristramTupper,F F. H.Elmore,
Esos. and DR.. Mendenhall, submitted
through their Chairman, the Hon. Thomas
Bennett, the following Report and Reso-
lutions, were unanimously adopted.
REPORT,
That they have conferred generally with
Mr.. Shullz, on the various topics which
relae TO the causes practically ohSiructing
the growth of Hamburg, and incidentally
affecting the interests and trade Of Charles
ton: aud tha, course of operations can be
devised, which, when matured and con-
summated by experience, will he prosecu-
ted and sustained by public opinion.
10 build up and establish "A Town. I'M
der the most iavorins auspices, is an Her
culean labor, involving great hazard
Such all enterprise demands for its sue
cesslul accomplishment, combination OF
lalenl. an unison of interests, and coni-
mand Of capital, which can bu, rarely be
invested in such undertakings. To at
tempt therefore work of such magnitude
in the immediate presence of, and in direct
competition with the commercial energies
of long established and hourishing city,
and in the moment of splendid AMI sue
cessful career, by single individual, strus-
Cling with misfortune, opposed by the Fow-
er of wealth and influence, and the great
variety of interests, his success would
probably invade or impair-indicates a
mind of no ordinary activity aud cuter-
prise, aud of enduring perseverance. Mr..
Shul,z has effected this work. He has
achieved as much under such lettering cir
runstance, as could have been accomplish
ed-aud having placed his town on res
pectable footing, claims from Charleston
no other aid than her own Interests sug-
gests.
lie represents to your committee that
the CITY of Augusta, possessing every IA
city for advancing schemes of The most
extensive mercantile trausaclions-coin-
hines with the high influence of this condl.
ton, an exclusive control Of tho means of
communication from one side OF the river
10 the other-said, as an inducements. to
The Planters of South Carolina 10 trade in
her market. gives free use of her bridges,
10 all who may cross with their produce 10
Augusta. With larger capital and more
varied and extensive stocks Of merhcan-
dize-hcr merchants are farther aided by
large emissions Of paper from the Georgia
banks, which, emanalin2 from sources lr-
responsible to us, circulalcs al acomsidera-
bly DEPRECATED value. This paper occu-
pies within our own State very extended
field of circulation. and as well from The
public necessities us The contracted action
If our own banks. will long, If NOT pcrma-
nenrly supply the demand of the whole
interior country. thereby rendering our
own citizcus tributary 10 the banks OF
Georgia. to an amour, greatly exceeding
the interest Of ,hc sum thus Circulated
With such advantages, Augusta commands
u very large portion, not only OF the interi-
ar trade of the Stale of Gcorgia, hut OF
South Curolina--anl with cnmmenda.
bic State pride, yields to Savannah The
tribute of her beSl success. In all this,
your committee can discern nothing for
romylainl or ccnSurc. In the race Of com
mcrcial enterprise and adventure, Angus
IA is now bold and active and consequent
" more succcsslul-and iflromSoulh Car
olua ran derive the means of advancing
The interests of The Emporium of her own
State, she does no more than the attach
,nent of our own merchants would induce
them to do for Charleston. llercourse is
fair and honorable, and should stimulate
us 10 "A competition, she neiher depre-
cafes nor fears, and 10 which her success
invites as.
II is more difficult 10 devise n remedy
for. than 10 trace the causes Of our limited
share iu the business Of the interior of these
two States. The relative positions occu-
pied by the Banks of Georgia and of this
State, furnish causes for The apprehension
that no eifectual remedy could be al once
appied. The bills Of the Georgia Banks
are even in the city of AnSusla-as lOO To
"a or S of The Banks of South Carolina
and a much greater depreciation must ne
cessarily result from the opposing policy
of the Banks in these respective States.
With a deprecated currency. sound
currency, cannot co-exist-for if The Tor
mer be sustained by pubic opinion, the
latter must retire. The governing impul-
ses of individual interest and that spiri, OF
cupiditv which enIcrs largely into the
common transactions Of life, alike forbid it.
The Planter who receives, a half cent more
for his Cotton, because the currency 10
which he is paid is of intri,scally less
value, than it represents, Will not II u
serve to The full amount OF the value II
represenlsto pay his debts aud procure
the usual supplies for his family and plan,
ration, consent TO exchange IL at loss OF
Il L.