The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1842-10-13

.lhlsk mars fsmsius 20 Be done 81 IoaF.
81. u Is led vigorously he powas
e pear ewa ssnips. and ths impulses q
yo1f osn pslflsls@.in your appfopfisls
sphere. tie SenAls Or he u. States. 10
create and sE'aSiish . sound eirenlalias
n1sdiam ahfeughosl The uaion. csssssu-
be inis spsris. BIT IN snllicisBl sbundanes
% slsssls lhs standard sf ssIUs frsn ihs
dresdlsl deprsssioa O shieh d hss fal-
len. and An Iasl q be sdeqasls 70 psrfsGh
The exchanges Of lrsds aud value IN sur
eoonfry. Whether dis Be . Bank Of The
UHiird STATES Or 10 issns NJ rsJsemstls
eurrney By Inc federal rrssury. i no, Of
90 much compafs.iss inposi, nes, zs .hss
ws shsuld hare a. sbundani and Uniform
eiIculsllsn from sons spsEcs Of olber.
Winch. making zilo~ anes fof lhsEsristiaBs
IN Ihe bslsnes Of trade. shsll be OF sq0al
value 10 New Orleans and Boston.
This sircslslaen. 10 the rsesssss Of thsl
financial wisdom which 10 past finding
ouI. was destroyed BY our friend Geusral
Jackson. whsn he slew The Bank Of The
Unned SIsies. wIlh The arm Of Samson,
and slmos . wilh the self same Weapon.
too." shsh ws Feeo.l,sl I'll the iwaddle
oiihs oil gentleman osihis subject. Tie.
as Burke said, Was certainly =" eonsum-
mss architect Of RAM" in his iins aud
ilds. and had he hsppy laeully Of imPsI>
sonstins . eorrorsnon :" 10 bis minds
eye" iOr ,bs purpose Of hating il % cor
daily - be once did you and Mr.. POM
dexter. When. therefore, Mr.. Biddle en-
isred into contest wnh this hero olive
wars. he forgot The wisdom Of the Spsn.
ish proserb, !. That be Who sets down 70
dine with ihe dsslIshould cal With long
81 ooB." What has been The result Of lh,s
least, 10 broken meat and empty plates,
you well know. |, has lefi our county
palsied lndeed-hungry IN flesh aud poor
IN spiiin. doub,, since the creation Of
The world. whether sush an example can
be sxhihlled ss we have presented for The
last sixteen years OF Jolly and mis.go-
strnmeni. No Southern plsnler would
permit his plantation for one hour 10 be
governed with such lack Of III sense
sad providence. The Cstffss and Hot
Isntets, in reier, nee 10 their condition. |
dovbl net, have been governed with po.
hey fer more slgilsni and enlightened.
A country oiimusnss resources. in pc
Rod Of profound peace, on the verge OF
bankruptcy! ANY man who will read
Huns's essays on Public Credn" and
on /" Money" can be Al no loss 10 trace
our pts-ent condition 10 i've true Cause.
We have bera suffering ever since Gene
rail- .cksoD destroyed The Bank Of The 10
ned States (sIth ihs exception Of . shcrt
period Of dlsirmpersd Inflammation crr>
aieJ BY bis oan meassTssl under siea
Oily diminishing cmcLlsuon, Nhieh ibe
smintnl philosopher 10 whom | have re
ltrsd In, dtclsrsd lobe one oflhe worst
cslsmlie, ,hsl can bslsll . civilized copn.
try-fsr more di,ssrous . Than HE con
linu,d bIigh, cf unfavorsbls laryssis and
ssa.oD.." This result bas been fret 10
The constant action Of the Federal Cow
ernmeni, or ihsir Supposed medi,a'ed &C
ZION on the Banks Of the Sls,es, which
created . universal panic. that has cnm-
PEELED Tie Bsuks 10 Withdraw their circu
islion. and mex, The General Government
permitting 10 Tsmsin in criminal sbey snce
their sovereign luncuen +, supply cur
reney equal to ,hs wants Of The country,
and !" TO regulate lis value"
The CONSEQUENCE 10, that the States
have nothing IN he shape Of credit, or
money aihsms 10 pay with sbrosd, Eve
~ .ps sisi Of properly his islleu from CT.
~ 10 Que bundled per cent, snd the sand
ard Of vslue so seriol-ly disturbed that
man in 1889 nigh, have property TO three
times the value of his debs. YET lie 10
now ipso facto ruined By tie silent usn
81 OF our country from redundant cir
culsiIun 10 whs, some ave tles,ed mos,
ielrl,ously 10 call hard mouey cUuen-
cy-u ben the Tact 10 that we can procure
neither that y bich Is hstd, or soft.
BY this al;ers,ion in the standard Of
value, a revolution is 10 por,eDtous pro.
gress ia our country, as widespread and
tesolIiing. as far as property is concern.
ID, ~ pat which distinguished aud il
lus,rsttd the masterpieces Of human po
Icy Of The RnbsspIerrs. Dantons and
Msias Of another ill.fa,ed.coun,ry, which
in its tine was governed by lis dema-
sogIes too. Who made paper money so
thick the, il showed s.srns,s in their
streets Of Paris. and then iuined round
aud burIt 10 their rhrtnzy their own
handy work. Look, my dear sir. ., the
thousands, aud tens 81 thousands ui fam.
lies that have been ruined--Iha, have
had Vulnerable " oe carried into the very
bosoms Of their houses. by the nostru,ns
Of our political quscks. who, in their
sensslsss war on tie very bank they ere.
sled. gave no Tins "by the preparatory
revolution Of the intervening d,scords"
foI the country TO pass from a period OF
sxpsusion 10 one Of setsrs and arid re.
sTIc,isp. 10 those who have been rum
ed 10 these unh,rpy tunes, whose estates
have passed under The tender grire af The
xhsrtH tho m - Il ;,,x.;ca of ~ ,....t -