The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1843-04-06

80 E&AA~ts D@NAa SIS NNANutAAAArs
Some Of the States oil have them. and
The Others nosl u course da the sane. or
be irIbulsry for their currency 10 those
Ishieh have Ihrm. and thus BE- subject 10
NJ their evils without ehjoYiag any or
heir benefits. Ifrhere be local banks. .
National Bank 10 infispensabls-ani me
ib0nse. misrallrd Bank 81 lhe United
Stairs 81 Pennss lsania. poaerless for
good and profile ofesil; but an old la.h-
ianed. iiass-Hird Bark Of The Uni,ed
Ssslrs-a Bank Of the Union. not Of one
STATE. IL there were defects in Il. in the
organiz .tiun Of another avoid those de-
feels and provide guards and penalties
against their recnntnee. No one would
bsndon Ibe great Father Of Waters
which sweeps past you city. because
wrecks occur on rs bosom. and The en-.
finss Of steam produce occasional DE-
stfueiian Of properly and life. Multiply
The guards aud increase The preesuIlons.
NOT abandon The use. 10 tie dictate Of
commoa sense aud wisdom.
Asolher cause OF the d. linltd eondi-
lion OF the country, he said. was The ex.
eessi'e abuse Of he powers Of The Ex-
eeuiive Drpsrtneni Of the Government.
mt only oi ,he President but nf The en-
tire Executive department. Widely with.
out i,s sphere had that department extend
ed. Had there been no power 10 selo.
there would have been no prevention Of
the charer Of National Bsnk-no re.
movsl 81 the Deposites--no treasury CIR.
cuIsr-no multiplication Of Slsts banks
no ind 'iIon Of paper eurrency-no stlm
Ulsi'ng Of excessive enterprises and mad
speculstIons--no consequent explosion,
cOllspse and he universslru ruin y hlch over.
spreads our noble land. Such is the his
tory Of our Career. The provilences OF
God have been as Kind and bounilful
throughout The entire progress &c our ca
lreer as at any Other period If our history.
The refreshing rains haze fallen upon The
earth, The kindly sun has poured oui up
on Vie fields hrs genial Influences with
the same buun,iiul copionsne.s which
have blessed our former ,ines--but The
work Of man, The hand of those that d..
reel our earthly government. has neutral.
lied all these blessings, and overspresd
our land with blight less productive oil
distress only than pes'ilence and famine.
Of the remedies which Mr Clay pro.
| posed for our evils, one he deemed nara.
noun, and essential. Industry and Econ.
omy mus. be praciised 10 all things--we
must make more and buy less--we mus
produce Al home, on our own farms ant
plantations, more Than we need 10 con.
sume-our wives AMI daughters mus
| ply their own needles more. aul EN-,
plo their mIlliners less. BE not alarm.
ed, my friends, he said. a, The word,
| use-,his is the American System
il Is the long and the short Of the Sys.
tem-Indus,ry and Noncompliance a
home what We have been buying abroad
and IN tina. way we will get out Of deb,
and Keep go, and keep our money. A
moderate and reasonable tariff was all b,
ever desired-one sufficient to stimulate
and sustain our own American do,Desii,
industry aud economy. Stability and uui
fYrnity, were the great necessities Of lh,
system. 1t should be equal and uniform
in us operations on the great interests o
the country.