The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-04-01

sane euiiss Dpnh silks ulRss. sd AZ
lnxuEisa. shsi are leEisd % nseesasriss.
unlil shs public debt Be paid. sHd ess
saiisnal defence be impsossd and ssadsFfd
SAFE snd secure against fofsign iavssioa.
| an eon6denl. IL kindly sPiEit ard
pslriosie feeling be broughi inse ne
eoaneils ofths eaunlIy. lhs isrih qsestioa
may BE- fairly sstilsd. and smiesbiy a.
ius.ed. upon The juss principle Of sqe.l
rights. and 10 ibs entire ssiisiasiioa Of al
rsssonshls men in al inlrreshs and sec
liens az The uniea. ! sah No more
massey 10 be eolleeied from The poekrss
Of shs people than i necessary for wise
and sconamiesl administration Of he Get
sernmenl. and 10 put our country n q
attitude ofdelenes against The assaults and
saeressions Of foreign nations. IL -
had The millions of public noney that
hare been rmbezrled and frsndulsalls
absirscsed BY speculsnng officers and
sxiadiing defsnllers, ne might nov be
spared ihe neeessitv Of lsvylng duties or
collecting taxes 10 The amount Of millions
Of dollars from the pockets of the people
10 supply q deficiency in the Treasury.
A rigid econamy. responsibility and &C.
ennnlsbiliiy. should be forthwith ins,llu
led and rIscied of all public officers 10 all
Departments nf The Government.
The next Congress has many great
questions and ~eighiy matters 10 con-
sider and dsridr; aiming which srel
the delicate ard difficult subjects OIL
the finsncrs aud the currency, which
are non utterly drrsnged and depre1
eiated.
We have had q series Of Executive
experiments on the finsncrs aud cur,
reney. all Of which appear TO me col
have been going from bad 10 Narss.
We we're srll. ne ~opid be belter:l
and here W. are now, lat lie rxpIra.
,ion Of seven yrsrs. floundsrlng on
In The midst of Suspensions, rxplo.
sinns. chans aud confusion. Is itnut
time 10 pause and rriieci, and abandon
abstract theories. aud. return 10 The
sale llghisui experience and practical
sisdoml The farmrr noe pays double
du,Ies. or two taxes. ~ consi qucn,e
III thi. arrangement AID depreciation
Of The currency. He pays nne tax Ia
Governmeni. and smother tax 10 brn-
ksrs and shsyers, before he can make
his funds available. The latter Is
TAX On industry for the brneIii ui idle
ness! That Is unjust and wrong.
The people hasea right 10 inoh 10
Government 20 correct the r,il aud
apply the remedy. THIS Grarr.l
Gnsernmrni alone can make soohd
and uniform currency throughout Che
United States. All hnnesttmen = AMI
Whatever paper currency they have
ia be tquai TO specie. AL sprouts.
tors aud shavrrs desire q deprecated
earreacy; because they 1--we IN the
tossss of oihrrs. The FIRST United
States Bank. chartered by. General
Washington aud The FIRST Congress.
gave goud currency equal 70 gold
silver. as long il existed.
The second United States Bank.
chartered by President Madison and
the republican party. in 1916. gass
the couairy sound and uniform earl
rsnry Of specie par value up 10 March.
1886. ~hrn its Charter expired.
S,nre that period. tue General 60.
srrnme0t has had mn bank OF Ms own,
hut depended for . While ua State
banks, until they suspend. d specie
pay menfs; and thrn Came the sub
treasury, or hard none, schs me. We
have lust thousands aud millions BY
these experiments; the ~hole country
- embarrassed. and thu public treasury
~ empty; think We bsd better return
to the practical wisdom OF the Father
Of his couatry, and give the GOVERN
,nrnt and the proplc sume sound aud
uniform currency. Just make a
paper dollar or bank bill egunl 10 d
specie dollar IN value. throughout the
UaIun. aud l am content. l believe
that desirable objecl can be best at
tanned by the establishment Of unil
ted States Bank. the stock Of which
should be owned by the Government
aud the citizrns of the United Stairs.
Banks. like all other human Iusli.
iatinns. will never be perfect ahllr
managed b, frsil men; ami il is nuel,
easter to find faults than 10 propose
remedies; still, il IS the best plan ba,r
bren abb 10 devise To do equal and
impartial justice TO the Government
aud the people. Let those Who con.
d.mn II present q better plan, and
demonstrate its superiority, aud
will b. happy To unite With them.
A United States Bank v as the tis-
I cal agent 81 this Government for 4C
,yrsrs. aud kept safely several hundred
tnIlIIons Of public Nancy; aud during
hat lung prriod never suspended
specie pay ments. nor lost one dollar