The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1842-05-05

olution in France, when distinguished
lady had incurred the displeasurc of ~
mnical power, and the iron-handed anC
iron. hearted officers were rudely dragging
that unfortunate female to the place of ex.
ecution, she cast her eyes up, and saw The
word liberty inscribed in large letters over
,be door which led TO the guillotine, then
ernisoned with crime and drunk with
Hood and she exclaimed, sob, liberty,
liberty, what horrid deeds are perpetratcd
h thy nanew Sir, in like manner, when
see efforts making 10 destroy the base
ment story, and TO demoish the only sure
and stable foundation for stable and uni
form currency, and that under the name
ofeconomy, |, too, cannot help exclaming,
Oh. economy, economy, what evil deeds
are perpetraled under thy good name
1t is objected in this debate to the
Branch at Charlotte, that il is an expense
10 the Government that the coinage costs
too much at tina, place, and II does not sup
rort itself. Have gentlemen reflected and
Considered where that objection leads
them Are they prepared TO declare they
will have no institutions that are expensive,
and do not support themselves ! What is
the regular Army but an annual expense,
without ever coming or producing dollar
10 the Government What is The Navy !
but an annual expense ? These two arms
of our national defence have taken many
millions Of dollars out ofthe Treasury, but
n.yer put one dollar into it.
Do our ne8 light economists propose TO
abolish TIN Army and the Navy, and sub.
sliluie 10 their places raw troops and ludi.
40 canoes This Government has, divers
times, appropriated money TO the Post Of
ice Department, when lis revenues were
deficient, to set II on IT'S feet and keep It's
legs IN motion TO transport the maIl.-
CEl government itself was never formed ;
and instituted to be a mere money-maklng 1
machine but the great object Of ITS insii. {
I,ioa was to guard, secure, and protect the =
I,es, the liberty, and the property Of the 4
Ieople. The country Is always most pros,
Porous whcn the currency is most sound
ial uniform. The greatest blessing man
Ia give, to mao, through the aduInistra.
ION OF wise Government, Is sound cur
eacy ola specie par value. How can the
uucncy be sound, unless il be convertible
no specie, aud based ON coin How can
We command coin ia our country, unless
Sc hold oai Inducements aud give eacour. Il
yemen, 10 those miners whoscarch for aud NJ
0l Tie precious metals, aud afford them -,
be facilities Of having their bullion coined
3 iae gold region and thereby the enter. a.
ralng miner IS not compelled TO sacrifice p,
Is virgin gold, and submit 10 the shave of e,
erchanis, banks, and spectators and :.
ere5y the people are enabled, IN the
idol u suspensions, To procure coin, and III
zee The constitutional standard OF money CT
zee more abroad IN the land. Banks dc. an
re great advantages from their coutiguI.
TO the gold mines, and obtain much Of -
or specie in the Carolinus from the lr
aach Mat. No separate State is per. he
ted TO establish Mint. They are pro. II
ted from coming money. This Gea- -
;. Government is expressly and exclu- ~
sy Entrusted and charged wlih TIE duty "
exercising The coming power. The ST,
lsrcss shall have power TO COIN mo- an
p regulate the value thereof, AMI of for.
o co,a, and fix the standard Of wci gifts ia
] measures The Constitution has BIZ
nmilcd TO Congress the silver beam iii,
golden scales, To weigh out equal val. n,
10 all money matters. This precious
',al money is the standard and regulator '''
all currency, and the only true ties, SCI
lefeby the value Of property Of every he
scHploa IS settled anJ ascertalned. To
70 money is high and important atlri.
le Of sovereignty, which Congress IS ~
md to exercise at any reasonable ex. l.
Use, because all the great interests Of w
ae.y must be measured aud asccrlalned !,
The specie standard and, therefore, !,
o.l, policy and wise legislation requires ~
Il Mlnts should be erected at different pei
dis'an, points 10 the gold region, to we
.oinodaie the miners, 10 encourage the Tho
dicllon of the precious metals, and To
A'Ipy and increase the legul coin Of our ~
o country. This view OF the subject is era
Predicaied upon the interest of the mi. pro
Is alone, but upon the great aud general 3OI
crest OF the Government and the people 4,
The United States. They are all direct Us
concerned, That the currency Of our arr
'alry should have a strong and bread 00i
cue basis. | will go as far as he who =
5 Inc lirihest, 10 procure the gold and -,
'eF Coin, and pu, Il in circulation as far ""'
Il IS practicable because coin is not trei
!, money, but il susiains and nourishcs tho
mo credit, and constitutes the only Ger. e,e
Q aud permanent foundation for Il good -,
md currency. "a.
W. Chairman, TO require my conslitu. ''''
% carry oil their native gold 10 Phla. =
pla, SIX hundred miles, TO be coined is lor
J unreasonable and expensive. You Tho
5lN as well ask US to carry all our corn ~,
Imadelphia to be GROUND. Sir, il is too not
2 50 70 mill. We cannot afford to do ierl
'"l' rather than submit to such great IN. Du,
,ehIence, we must resort TO some other , ~
w higher home. less custlv and morn >