The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1841-12-01

y
if uniformly adopted by the States, regu
lated and modified by the influence OF &
national Sub-treasury system, II. Is befiev
ed would furnish the best and soundes
currency in the world.
The Report of the President of Inc
Bank, will apprise you of the profits
which have accrued from the transactions
of this institution for the past year; and
for review Of The circumstances and en-
barrasments prevailing the community un.
der which they have been realized, you
nee,l not be referred TO monitor more
faithful than your own experience. oal,
isfeclory as those profits are, considering
the character OF the times, they have been
derived from Accommodations as beniilccpt
in their effects, as they have been safely
aud iudiciously administered, for the bene,
fit OF the institution itself. Without re-
sorting to any of the usurous expedleIts
of the times, its resources have l believe
been as faithfully and hamanely directed
to protect the property Of the citizen, as
patrictically to subscrve the interests ol
the State.
From the aspect of the fncncia! affairs
Of the STATE, as you will find presented III
the Comptrollcr's Report, you will per-
ceiye The expediency of exercising the
same rigid and judicious economy, IN the
disbursements of The revenue, which has
hitherto prevented The necessity of IN,
creased taxation. additional burdens up
on the labor and property of the people
should not be imposed in times of such
embarrassment and distress, except for
objects of such primary necessity and i'm.
por,ancc, os affect the pertinent 1peal
and safety of the Stale, or any If the
great principles Of constitutional H6erty.
Improved as our resources arc, i'll COM
parison to the aspect presented at the last
session, the Treasury is still far from
having obtained redundant and over
flowing condition. 1t will be found ]
trust however, adequate TO meet all such
necessary exigencies, as cannot be neg
lectcd without consequences more Iuinous,
than the most wastcful and inconsiderate
The condition of the public works and
effected at so much cost 10
the State-some of which are still un-
other Improbable, many falling
into decay-will demand your attention.
either to abandon, repair, or othcwise
dispose of them. The sale or lease of
many Of them, under the supervision of
appointed in the several
in which they are located; |
a price not less than The value, (as estima-
ted by the Comptroller or Superin'end.
ent,) would perhaps be one of the most
and satisfactory motles, of re-
lieving The Slate:;from farther cm5arrass.'
ment and expense. ~
The impraclicablc condition Of the road
through Vance's Swamp, and lis great
as the ordinary, and be-
leve, the only channel ofintercourse with
Charleston, to more than three Districts
in this Stale, as well as large portion of
North Carolina, makes it highly dPsira-
bic that the liberal appropriations already.
made TO improve it., should not be utterly
lost, by the ruinous and incomplete condi-
tion in which it now remains. More than
twenty thousanddollars were expendedby
the State, in constructing the original
road; from which it has derived, neither
benefit, or improvement. Ten thousand
dollars was afterwards received by Il con.
tractor, for erecting lhe skeleton Of a
Bridge which, having been rejected as
perishabe and dangerous, was abandoned
and removed. Of the last appropriation
of twenty thousand dollars, to embank
the swamp, the contractor has received
the first instalment,sf sfand after accomplish
ing very considerable portion Of .he
work. at a ruinous expense to himself,
has been compelled to abandon it. from
the exhaustion OF his resources, the IN
ffuence Of recurring fresIlets, and all ina
biIity to complete contract SO tar exceed
ing the estimated cost and labor. Inc
balance of the appropriation still remains
in the Treasury; and if diverted from the
object first contemplated by the Legls!l-
ture, will leave the State without single
corresponding benefit, 10 compensate tor
all the sacrifices of treasure, which have
been so ruin"usly sustuinrd, by both
State and individuals.
No portion uf the police or statistics OF
Of the State, is presumed to require more
adicalrcfurm, than our system Of Road
working. There is no object upon which
so much labor and expense is so unproll'