The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1842-02-23
From the Washington Globe.
THE NEW BRITISH ENVOY.

! The mission of Lord As!burton seems to be
involved nno little mystery. Whether it is SIM
ply confined to tks pecun;ary relations between
the individual States a..d England, whcliis GER
lanly subject of vast importance to both par
ties; or whether his iordship is charged with the
adjustment of one or all the difficulties existing
between the two countries, is but matter 1or con-
lecture. The English papers throw but little
light on the subject, and are somewhat lncohsls-
tent with each other in their notices OF his lord
ships contemplated embassy.
In the mean time, we are informed by certain
newspapers, and correspondents Of newspapers
of our own growth, that his lordship married an
American lady; that he had at one time reslded!n
Philadel phia; has property in PennsylVania IN
riGht of his wife, and is thus connected with the
country by alliance, by Interest,", and by assoc!a7 :
ton. We are, moreover, assured, that though
he possesses a large landed estate in the United
States, and has some two, three, or four States
in his debt to the tune of hundred thousand dol
lars, or pounds-we forget which--each, yet his
lordshp is so rich that he could never be persua-
ded to pay the least attention to this property,
and is quite Indifferent whether the States repu-
date their debts ornot.
From thiswe might reasonably infer thst his
mission has 10 connection whatever with State
bonds, or any pecuniary considerations. But we
confess we have strong doubts on .the subject.
Lord Ashburton, it is true, retired from business
several wears ago, and invested great sums in the
purchase of the Marquis of Ormonds estates, II
we remember right. Whether he left any, and
what, portion Of his funds, in the hands of his sons
who were associated with and succeeded him in
business, we cannot say. AS it is, however,
usual in such cases, there is no improbabllity
whatever, in the suppositon that a part CT his
CAPITAL was left behind, and its sudden withdraw
al would probably have crippled the vast and
widely extended business in Whlchlt is SO well
known this great house was, and is stil so dees-
ly engaged. This is not, however, very matcri-
al to the subject; it is certain that his sons con-
sttute the principal partners i'll the house OF Ba-
ring, Brothers and Company, and that conse-
quently, his lordship nu.:t feel all the interest
OF ata:hcr ID its prosperity.
That this house is deeply interested in the late
interchange OF borrowing and lending, which
went on SO swmmngly Tor while between the
| two countries, no one can reasonably doubt
They were for long time the agents of the Bank
of the United States, and the credit of that insti
tuition abroad greatly depended OH the guarantee
of this intimate connection. 1t next to impossi-
BILE thai The principal should fail, without, in some
measure, involving the agent; and the extreme
anxiety felt as to the fate of that institution, is
evinced by the celebrated circular, which cannot
be SO soon forgotten. This house has, in like
manner, exhibited equal solicitude for the as
sumption OF the State debts by the United States,
which, though at the present moment it would
be only one bankrupt volunteering the debts o
another, was then thought complete salyo fol
the broken down credit of the States. If this
house was nota creditor, this anxiety was eX.
treinely dsinterested, to say the least; and if the
five thousand dollar fee TO Mr.. Webster, to ge
his opinion of the consttutionalty !ofthe State
bonds, had no connection with their individual
concerns, We have only toadmire this disinter.
estedness the more.
For these and other reasons, we are of opinion
that the mission of Lord Ashburton, ifnot solely
confined to, is intimately connected with, State
| bonds. He is emphatically the proper person tc
be employed in such a business. The connect r
proclaimed by those who are heraldinghs, arri.
val which he many years ago formed with the
amily Of Mr.. Bingham, every one OF whose chill
fdreD, it is believed have expatriated themselves
his former residence in Pniiadelphia;his once in
Etimase cenriectionin business with the principal
4 merchants of the United States; the still more
intimate connection between his sons and our
l financial and mercantile affairs; his lordship's
rank and wealth, and, we may add, the maturity
Of his talents and experience, al these well hit
! him for exercising rreat inhucucc here, even