The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1842-04-21

j. 4 Caldwell, Of Burke.
W Dunn, Of Lenoir
t. b HiIiiard. Of Nash
y s. Beal OF Davidson.
Thomas Little OF HEREFORD
On motion Of DR.. Hill the convention
then adjourned, until 0 o'clock tomorrow.
Tacsaay april 18th, ls42.
The convention met pursuant TO adjourn.
men'.
Mr.. PolDdexter, from the general com.
nitee, submitted the following
Report:
The committee Leg leave TO submit The
following Report:
Soon after the adjournment oF the Con.
vcntion, held in this place, 10 October,
$40, the efforts Of the Wing party were
crowned with success. WILLIAM HEN.
!RY HARRISON was elected to the Chief
Maglstracy, By an overw helming majority
Of The People. He entered upon the duties
Of his high Office, with solemn and devout
appeal 10 Heaven, for the sincerity and
zeal with shich he proposed to devote him.
self 10 the great business of reforming the
government, and giving relief to the peo'
ole and selected cabinet believed by the
public both wiling and able TO assist him
10 the accomplishment Of his patriotic pur.
pose. The necessities Of the Treasury
and the country being urgent, be summon
ed Congress 10 meet him in an Extra SEES.
sion. And the whole nation looked for.
ward with JOY, and assured hope, TO Ger.
tain restoration both o.! public and private
prosperity.
The sudden death of HARRISON Gov.
cred the nation with gloom, and seemed for
moment, to exiinguish in every patriotic
hear, thus expectation. Bot Wings by their
very principles, are forbidden to despair OF
he Republic. And when the first shock
was over, light seemed again 10 glow, and
hope TO spring up before them. Mr.. t..
Ter has been nominated as Wbig--had
prolessed himself VII ig,-and had been
elected as the associate Of HARRISON.
/ That he would prove recreani TO the great
party, and regardless Of the great pfinci.
pies 70 which be owed his elevation, even
suspicious and dlsingenuous minds could
7
erous ones, such az event could appear
liltle less then impossible. His address 10
the people of the United States, his reten.
ton Of the cabinet of HARRISON, accom-.
panied with expressions of respect and con.
lideuce, gave assurance TO our hopes
And Congress assembled at the late Extra
Session, IN the confident expectation, that
the work Of reforming the Government and
relieving the people, would be commenced
and prosecuted, with the sincere and thor.
ough CO operation Of the President. Their
7 first examination into the state Of public al.
fairs, showed that the Administration which
had JUS, been driven from power by tho
people, had left behind them, debt, eS.
ceediug by many millions, all the usual 70.
sources of the Treasury, for its liquidation.
This deb, had been carefully concealed
from public observation, by the artiice Of
Treasury notes, issued from time TO time,
to cover deficiencies, created by the profit.
gacv and extravaganza of that Administra.
ton. In order TO meet this debt, measures
we're Immediately Sc; on foot, and among
others bill was prepared and passed, au.
thorlzng loan of So 100000. A bill
was also passed, and received the spproba.
ton Of tue President, directing the dis,rlbu.
ton OF the proceeds of The Public Lands,
among the States: measure of justice to
the States, which had been often and inef-
lectually sought of the former Administra-
ton, aud which the Wings seized the first
moment of coming into power to accom-
plish.
/ II then became necessary TO provide for
the safe keeping and disbursement Of the
revenue, without danger Of loss by faithess
or incompetent officers, and without charge
to the people. For this purpose bill was
prepared and passed by both Houses OF
Congress, establishing National lnstI,u.
ton entitled Fiscal Bank Of the United
States, and in order to guard etiectually
against the intrusion of it's branches into
any state against its will, it was expressly
provided tina, no such branch should be es.
tablshed 10 anystaie whose Legislature, in
the time and paaner specified in the act.
should declare lis opposition thereto. This
: bill was vetoed by the President Congress
Immediately prepared smother, supposed
upon sufficient grounds to meet exactly the
Presidents views of tho constliutlonality
aud expediency of such measure. This
bill proposed 10 create Fiscal Institution,