Holly Springs gazette., 1842-11-25
GEN. HAMILTON'S LETTER.


mos: violent and bitter invective against the
letter of .his distinguished gentleman. Not
letter. the proper subject of public comment,
the editor so far forgets himself as TO indulge
rIous abuse of the author Why was this !?
As long as Genl. Hamilton pulled well in
the traces of the party. there was none SO
great as he; but by an open and candid ac-
acknowledgement of the ruinous tendency of
his former principles and by plain, but
faithful statement of the hopeless wreck of
American credit, and American prosperity,
the result of The practical operation ofthose
principles, he has incurred the deepdispleas-
ure, aud called down on himSelfthe mos I
yindictive and scurrilous abuse of the demo-
cratic patty.
Even the editor of the Guard, who so SEN
stively plumes himsels upon the deiicacy of
his sentiments, and the purity Of his editorial
remarks, asks in most insulting manner,
"if it is possible for a man to remain few
years in Europe as loan agent without be-
coming fool or a knave or perhaps bothF
We leave the Guard to answer his own
question, as his party have issued by far the
larger portion of State Bonds, and then n'sent
abroad as loan agents members Of their par
ates that Gen. Hamilton is mol worthy of
credit, because ofthe James River and Ka-
nawha company agency. How very unfair
and injurious these covert allusions toan act
that even that very company (the only suff-
erers ifany,) pronounced to be, not only jus
ti6able. but even commendable under the cir
cumstances But if Gen. H. is indebted to
this company, he has not repndiGted the
debt, but honorbly and honestly given lien
upon the whole of his large and ample prop
erty to secure its payment, differing, in this
respect, from the democratic party. who at-
ter creating honest and just debts. not only
refuse TO give any security for their payment,
but openly and shamelessly repudiate them.
Lawyers. as a last resort, when witness
tells unpleasant truths, attack his credibiIity: |
but there is this difference, that the lawyer i
is compelled to adduce facts and evidence !
against his witness, but the democrats, as in
the present case. bring forward only scurril-
ity and abuse General Hamilton has told
unpleasant truths, and the whole democratic
party is in arms, determined to destroy him.
Gen. H. states, in his letter, "that American
credit is destroyed our country disgraced
and we regarded as political band of swim
dlers." 1--WE are glad ofit," says the Guard,
.and are very sorry that we ever had any
= liz abroad" is it possible that we have
eached that point in our country's history,
when party dare rejoice in the disgrace of
our country, incurred. not by an honest act.
but, by the repudiation of just debt I'll
seems indeed true
And our own State with resources inexhaust-
ible, productions the most abundant and pro-
6table. and wealth almost incalculable, finds
within her limits party, who not only per-
form acts that would sufuse the cheek of a
savage with the blush of shame; who not
only spurn the dictates of law, honesty, and
conscience; who not only repudiate the pay
ment Of a just debt, guaranteed alone by the
faith of sovereign power. security here
tofore respected and held inviolable by the
most barbarous nations; who not only, by
their conduct have reduced State and even
American credit below that of the most in
significant TOWN of Europe. but who actu-
ally rejoice when the pail of dishonor is
spread over the nation, and the epithet of
swindlers is applied to her citizens Ham
burg, the lille Insignificant rillage of
Hamburg, laying In ashes and ruins, OBJ
tains loan Of tscentyJfre millions AT
THREE PER CENT. achen Mis Union, the
great American Union, achose domain could
embody England and percsire no increase.
cannot obtain tarthing at SEVEN PER
I pI a.