The pilot and transcript. [volume] (Baltimore, Md.) 1840-1841, 1841-01-05

gre and moreover that the commerce Of Penn
svIyania is not prepared for it. II the CONNER
ciaI condition Of Philadelphia or If the manutac-
turing and agricultural interests of the State de-
manded speedy resumption, the banks would
not be under the necessity to borrow money to
sustain them in the measure. The crippled con-
dition of the Philadelphia banks is but the type
of the condition Of Philadelphia commerce-lt
the latter was in a hourishing situation the for
mer would also be in flourishing situation, so
far as the capacity to redeem circulation IS con-
cerned.
The question of resumption should be consid-
cred in connection with the causes which pro-
duced suspension, and the general condition oil
the country-its currency, its commerce, its agrl-
culture, manufactures, SC. The interests OF the
stockholders are secondary to the interests OF
the State. The question should therefore be aP-
preached with an eye to the general welfare.
| The real point to be decided is, whether the in
conveniences of suspension sufficiently ag-
gravated TO risk the consequences OF resemp-
| ten, and the evils which would necessarily re-
suit from the forced collection by the banks OF
debts due them by the public, the contraction oil
business, and the further reduction OF dlmln-
ished circulating medium. And in disposlng oil
this enquiry, due regard to the probabilities OF
| a sustained resumption should be had We mean
/ a bona fde resumption. Not such an one as Is
| contemplated by the Philadelphia banks-tor II
| the small loan negotiated with the Northern
| banks is necessary to resumption, 1t IS clear
that IN adopting the measure they intend 10 en-
force coercive policy with their debtors, dimin-
ish their business, and in fact, abandon those in
terests which they were created to sustain.
We had intended to enlarge upon the princl-
Piles which should decide the question of resump-
ton; but we find the question so well treated OF
in the following letter, that we lay it before our
readers in lieu of any further remarks Of our
owR.-.Nep Orleans Bee.
From the Georgia Journal.
CAUTIoN.-To the friends of State Rights,
Harrison, and Reform we say BEWARE!
The Van Buren, party are at their old tricks
A CIRCULAR, emanatiLg from this place,
they have lately issued, which is intended to
have the effect of rallying their friends IN the
different counties to tura out TO the eiee9oh Oh
Monday next Were this all, we would have
no right to complain, but if we are correctly
informed and that we are, not doubt rests up
on our minds, this secret circular goes a step
or two further; nay, it strides over every
barrier that truth places in its way, and charges
upon the Harrison party that they have wilful-
ly violated the known will of the people, and
disregarded their solemn pledges of introducing
into the country better times. These, with
others, equally reckless, and denunciations
bitter and mGlevoLent, characterize the circular
which we have been informed is now scattered,
and being scattered throughout the country.
Desperate diseases require desperate remedies.
The most subtle poisons are frequently admin
istered by the physician, In the last stage of an
incurabEe disease. But the boldness of the
Physician effected not the cure of the patient.
Just so with the Van Buren, party IN Georgia.
They have been, and still continue TO be trou-
bled with a complication of diseases political,
which, to cure, have baffled the skill even of
the arch magician himself The pdadcea, in
the form of the circular, prepared though it has
been by the political doctors lately assembled
in Milledgeville, and desperate as the remedy |
IS, will fail to produce the desired effect. The |
disease is an incTra6le one, and the patient |
must die. Let the friends of State Rights, Har-
ison, and Reform see to this. We call upon |
hem to meet the Van Burenites at the polls on
Monday next Let them see and feel that an
Indignant people know how to repudiate these
ecret efforts to regain poloer which they have so
ecently lost, and which they abused 80 long as
be people allowed them to exercise it. Let
here be general attendance of the party at
he polls? Let no man stay at home! Our can
lidate for Congress ought TO be most enthusies-
ically sustained by every friend of the consti
luton and of the country, in Georgia. HINES
HOLT is every way qualified to represent the
people of Georgia in the Congress of the United
States; and when compared with his opponent,
in point of ability, talents, as a statesman, he
stands pre-eminent. Apart though from con-
siderations of this character let those who ralli
ed to the polls in October, and November, "once
more uato the BREACH" if it be for the purpose
alone of sealing with their Reproduction this secret
circular movement this Islander against the
party's "good name" which, it was our design,
when we commenced this article, alone to ap.
prize our friends was in existence.