Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1841-12-02

adopted by tho Sialei. regulated aad mo-
iified By the influence uf national Sub.
treasury svs!em, il is believed would fur
nish the best and soundeSt currency in the
world.
The Repor, Of the President ofhe Bank.
will apprize you of The profits which have
accrued from the transactions OF this iusii
tuition for the pas, year; and for review
Of tho circumstances and embarra>srnrus
pervading the community under which
they have been realized, you need not be
referred 10 monitor more faithful than
your own experience. Satisfactory rs
those profits are. considering the character
Of The times. they have been derived from
accommodations as benificcnt IN their et
fec,s, as they hs"e becu safely and judi
ciously administered. for The benefit of The
institution itself. Without Icsorting to amy
Of the usurious cxpedenls of the times. its
resources have believe bceu rs faithfully
nnd humanely directed TO protect the pro-
perty of The citizen, pa,riorcally to sub
serve the Interests of the State.
From The aspect OF the financial affairs
Of the State, as you will fnd presented in
the Comptroller's Report. you will perceive
The expediency Of exercising The same rigid
and judicious economy. in the disbursc-
menis OF the revenue. which has hitherto
prevented the necessity Of Increased taxa.
lion. Additional burdens upon the labor
aud property Of the people, should not he
imposed in times of such embarrassment nj
and distress. except for objects of such pr:-
mary necessity and importance, as affect
the psTmanent zeal and safety Of the State.
or any Of the grea: principles Of eonsti!a-
ioaai liberty. Improved as ouI resources
are, in comparison 10 the aspect present
ed al The last session. The Treasury j. sill
far from having Obtained Il redundant aud
uverflowins condition. II will be found
trust however. adequate 10 meet all such
necessary exigcncics, rs canuol be negccr-
ell without Consequences more ruinors, than
Tho most wasefu and inconsdcralc extra
vagance.
The condition Of the public works and
Improvements effected at SD much cost To
The State-somc of IS hich are sill unfiuish-
ed Others Improbable. and many falling in.
10 decay-will demand your attention. eth
or 10 abandon, repair. or otherwise dispose
Of them. The sale or lease of many of
them. under The supervision ofcomrnission-
ers appointed in The several communities
in which they arc located, al price nut
less than the value. (as estimated by The
Comptroller or Superinlendrnl.) would
perhaps be Que Of the most cifcacious and
satisfactory modes. Of relieving The State
from farther embarrassment aud expense.
The impractcable condition of the road
through Vancc's Swamp. and its great i'm
portauce, as the ordinary. aud believe the
only cnaunel of intercourse with Charles
ton. to more than three districts in this
Stale, as well as lnrSc portion Of North
Carolina, makes it highly desirable tha,
the liberal appropriations already made TO
improve il, should not bo utterly lost, by
the ruinous and incomplete condition in
which IL now remains. More than w en-.
ry 'housand dollars were cxpenticrI by the
State. in constructing the original road
from whicbGt has derived neither benefit,
or improvement. Ten thousand dollars
was afterwards received by contractor.
for erecting The skeleton Of Bridge which.
hnving been rejected as perishable md dam
gerous, was abandoned AMI removed. OIL
the last appropriation Of twerty thousand
dollars, 10 cmbank the swamp, the contrac.
tor has received the FIRST instaImcni. and af
Ter accomplishing very considerable por.
iou Of the work, at n ruinous expense 10
himself, has Leen compelled 10 abandon il.
from the exhaustion Of his resources, ih-
influence Of recurring freshels, and an ina
bility 10 compleica conIrar, SD far exceed
ing the estimated rosr and labor. The ba
lance Of the appropriation >llI remains in
the Treasury; and If diverted from The oh
jecl frs, contemplated by The Legislature.
will lcuve the State without u single cor
responding benefit. to compensate for all
the sacrifices Of treasure. which have been
so rui,iOusIy sustained, b. beth State and
No portion Of the police or statistics Of the
Stale. Is presumed 10 require more radical re-
form, llian our syS,cin Of Road working. There
is no ohJec, upon which so much labor and cX.
pcnse is unproiitably bestowed. or so une-
qualiy contributed. by the different cla.>cS q!
society, Notwithstanding the annual impo.i-
tions upon the time, labor. aud pur.cs OF our
the condition OF our road, is ia. from
lnanies,ing aconcspondin. degree OF improve.
nent Nor is il less Obvious. that much the
greater portion OF The burden which the present
ys,cm dcvoves upon the people, is sustained
almost exclusively. by the agricultural interest
The labor or profits Of the capitalist. or Of tn"
professions (no matter how productive or cnor.
nous. are practically exempt, irorH these assess
mcnts. winch always rccur. AMI which somc.
time. fall with much inconve.iicut force. upon
the interests Of the Planter. Nor are the obicc.
liuns arising from principle less c"grnt than
those which are so amply illustrated. by The cx.
perience Of its inciciency and neqnalilv The
sovereign power Of taxing, even within limited
discretion the property aud abu; of the people
n possessed by the Board uf Commissioners
now established in the several dis,rcts Of the
State. can ucver be safely or wisely reposrd IN
any body Of men. however vir,uous or discreet.
5nt elected by the people themselves, and wholly
irresponsible 10 any Of the penalties ofthc law
or even 10 the consequences of iinpeachncrt.
for any Of tie ordinary abuses of tie trust The
powers entrusted 10 the Board of Commission.
ers. are not only Of ministerial, but. 10 the ex