The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1840-04-18

that VIM. b. DApSEY, first Teller OF the Bank ol
Virginia, has embezzlcd large amour. of its funds
and ubscoaded. The Governor offers reward
Of $1,000 for his apprehension. His connexions
are said to bo extensive, and of great respectabty
1t is supposed that apprehension Of the
loss Of the large amount Of American debt
due English capitalists will constitute one
Of the most powerful dissuasivcs against
British hostilties with the U. States-No in
dividual could for one moment justify con-
fscation. Yet the suspension Of payment
Of about twelve millions Of dollars annu-
ally in interest, not to speak Of the nom
redemption of any part of the principal,
would be an evil to be averted, if possible,
by pacific counsels. TO suppose the con-
trary, would be TO imagine that the Bar.
ings, the Rothschilds and others in the
monied circles of London would be with
ou, influence in the Government. But the
Interests of the English Capitalists in the
preservation of peace with the United
States is not to be measured solely by the
large amount of State debts.
Very many Of them are holders Of stocks
in our banking institutions, and have in-
Vestments in our rail roads and canals
The interest from all these sources Of pro-
.ductiye revenue in peace would be neces-
sarily suspended during war. 1t could
not be RENTED with any punctualily, for
At could not be made, however strong the
obligation Of payment might be felt, as
regards both interest and principal. The
Two countries are so entanged as regards
pecuniary concerns that it would be diff
cul! to imagine rupture of their peaceful
relations without extensive Injury, not on.
1y to the opulcn, British Capitalists, but to
that numerous order OF persons in the
English middle classes of lie who have
purchased OF late years largely in the Amc-
rican stocks. This consideration, indc-
rendently Of other motives for pacific coun-
sells, is among the strongest bonds Of
peace between countries SO circumstanced.
But there is way to settle this question
ny arbitration, not on the old issue of
boundary, Sat Gil one Of compensation or
equivalents, and we have Strong horcs of
the mediation OF France between the pa:.
tics 't;gant, as the meia.prv cilices Of
England were interpo$ed in our late dis
pnte with France. For any satisfactory
result to another arbitration, the old
ground of controversy must be entirely
abandoned. Both parties arc too conf
dent Of the justice Of their pretcnsions 10
the line of boundary which they rcspec-
lively claim, to lead 10 pacific odj just-
mens. If England will give en- equiya.
Ient or compensation in territory or mo.
ney for the belt Of land she desires, we
cannot perceive any impediment to the
restoration Of perfect harmony. If the
prsac'gle of compromise in this form is
mutually agreed upon between the two GO
vernmen's, Maine conserving, the amoSnt
in money or the quantity and location Of
territory if preferred, to bo given in ex.
. change could be easily settled by nceo.
citation. In this mode, and it appears to
us in no other, does this complicated oues.
ton admit Of adjustment.
Southern Patriot.
A POLICE STORY-An hopoe, ,,J