The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1840-02-27

Effects The present tilses are the iimf,
for nen Who have money aud can buy lul
they are gfIevlous times IodlhoseI~ ho have
any thing to sell, or debts 10 pay.
Look al the price OF Cotton all over The
South ! From 5io 10 cents pound. Flour
from 4 to 3 dollars. Tobacco, from 4 10
dollars. Corn, from 60 to 65 cents.
Let The man who has any Of these 10 SELL,
especially Il be has ans debts to pay VITA
the proceeds, ask himself how he likes tie
approach now making towards bard cor.
rency We say oPProueh, for the preseuI
is nothing compared to What he will see,
should the Tory elamoars for an exclusive
hard currency be grauficd. We are max
ing M approach 10 such currency, land il
vii be well for US 10 gam wisdom from
the experimenl,) because the banks feel 4
their duty, 20 themselves and the pubic, to
contract their business whilst they ale 70
their present condition. As they do Oh
pay specie, they ought not to extend Their
business, but rather TO contract n, to call ia
their debts, to reduce their circulation, ab3
place themselves m condition. 10 rcsume
At the earliest possible day, aud to silencs
tie clamoufs d those who deuounce them,
no matter 9hai course they take.
THIS dJt TO reduce their business makes
paper money scarce. Bu, does il make
hard money plenty. Let the prices OF eve.
~ thing answer. II such be the conse
queHces Of only pariia! reduction Of paper
money we ash our readers soberly and calm
y to consider, what il y al DO Il the Tosy
plan OF an exclusive aarJ money currency
IS adopted
We learn that, a, Bladcn County Court,
last week, negro men sold for nbou, five
hundred doIIars,-about lwo.lhifds Of the
Ordinary price. Carry oui the hard nopsy
plan, and another third sill have to be IL.
Quoted from the price.
Those viii be glorious times for people
Who have money, or to whom money is os.
Ing but sad times for those who owe. Tbs
rich will be richer, aud tho poor poorer.
-Idyeheriiie Obserrer.
Singular Adventure and Miraculous r.
cape.-A bout O'Clock on Saturday morn.
lGg, a party Of ladies' and gentlemen attend.
ing party at the house OF DR.. Cheesemaa,
10 Broadway, New York, took a carriage
10 return home. Among the party were
Mr.. Henry Cochran, merchant Of Pesd
street, and his lady. The party drove 10
the Asior House, where all, excepting Mr..
Cochran md ,e5y n!Ighted, and as the drl'
yer was putting up the carriage steps, the
horses took fright and ran full speed down
Broadway. The driver held on for some
time TO The carriage, but was a, length con.
PEELED to loose his hold, and the horses, cll
TO their own guidance, dashed down tho
sireet-reachlng the Bowling Green, they
turned down White. hall street and ron foil
lilt 10 the pier al the Ferry Landing, where,
turning suddenly round, Mr.. Cochran was
thrown out Of the carriage, into the water
oil the wharf. The horses then turned ADD
run back toward Broadway: when opposite
Bowling Green they were met by another
carriage IN which we're Mr.. Cochruns
friends, who succeeded in stopping them,
and the lady Of Mr. Cochran escaped uuhurt
Mr.. Cochran, who was considerably InIlf'
ed by the fall aud cut with the ice in tho
dock, succeeded in escaping from his Pei'
Gus situation, and, joining his friends, &C
coDpanlcd his lady in safety TO her home
-Nelp York Courier.