The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1843-05-25

, Esr 4 ttElssi - Psafls fran fhslr inrg
! e ssastes. 4 bslsf Fssissl 81 stsals
, - - las& - yssss. 80 aaks as,
stst - II p@eFsleai Faaa kieh ia -
- - risysa e6 - - p<eti<.
Ihs bsmks. dsrsaR Ibis gssio1. hsr
heea ne eassisna SD unssFsed lhe@e 4
) shssf dsti@ssaaa. II IL ussls pspaasr Al
eEesses. - - sheis saasp apesehss. -.
= al their As~sgAsss wsalsrr. r.,
. Wigs ssrs seR0ssd IL beng he sksm
PasAs Il > re currency. " moniso %
aepclss. = hank ePpssssieas sd II brins
I'll has. - order % perFesuals . sysssm
Hhessey - tisk sEs ade richer. sid IL
poor. pe0.eF. NiaAonl gosng bsek % ~
llms ~hen NJ. cLAr. snd otker distin,
geishsd Wings. lifted their warning voice
sgalnst The begsnning &c that series ofsx
peFsnenis. whleh has destroyed lie besl
e eGrrencses. PRESUMED The commerce 81
The eountrs. and reduced bath govrra-
meat and reapie 10 distress. ard even q
the verge d bsnkrUpiey. Ne iasile your
ssto.lrelion = what has irsaspired. 10 osr
own state. wIshin kve Or ak years. Our
banks sssrsadsd spseis payments shsa
he measure became one 81 neeessily.
They suspended. because The hsnks 81
other states bad done 20. 20 hass con
tnued 10 The raymsnl Of specie. alone of
al The hanks ii the Union. s0uL haTe
snsit<d hundreds of persons. osi IL me
Sta'e. - GEL possession Of iheN rspsF,
hat ikey might ebs.in he specie. This
tesns dune. and The noles redeemed BY
baak. he holders Of The specie would
haze seea 10 currency leli 20 us-,he
speris gone. and he banks without ba-
80 IN Which lore-issHe iheir n.ies. THE
measure. which vas one 81 he most OBJ
sivus p"hry. and he coming necessity oi
which had been loseioid by lhnse states.
men ~ho had opposed The destruction Of
The Uni,ed Staies Bank. was inmedialtly
seized hold 81 BY he leaders Of The De-
'horraile party, and dsnosnced - Whig
aIieGps 10 peFpeluate The eiIculsiioh Of
mere rags and 10 reduce The people under
> paper boR,lass.
EARLY 10 he session 81 1910. NJ. IleKE,
ESQ. . distinguished Democrat, Of LIN
cola. introduced d resolution demand ne
The reasons Of suspension, and lie opers-
lions o. ihe banks during il. The Wings.
10 . man voted for ii. and . committee
Was appointed. wiih that gen lemsn ii tile
head &c i. He kf, The Legislature about
seven Days before lis adjournment, With.
cot making any report. Blu, The commit
Tee. who hal waited With the utmost pa
,ience Tor sll the facts and siess which
the originator Of tie inquiry could pre-
senI. did not feel itself justified. notWah
s'a"diag his departure. in sbandonirg The
duties assigned; sn5 Immediately beiook
itssh 10 HE preparation Of report upon
The important matters Of inquiry. The
rrport was unanimous, and wholIy Jus.
'ifies,nry oil the course pursued BY The
banks. For while. there ~a4 Q pause
IN the warfare on these institutions. but
u was only because there was no poln
cal end 10 view: and 40 soon 80 an impor
taatslscton was a. hand-just as sooR a.
the party had selected their candidate for |
Governor, that gentleman ordered ont he |
hank roney for The field. The campsign |
was f,ugh, on his back; and although The |
Captain iell. his followers Hiumphed.
In his address 10 The people. Tie ssn-
iiments al which were re echoed BY the
press. and repeated ssthe test oil the Dem
acra,ie candidates., ihrooghout The staie.
he report Of The bank commitiee Of 1910. |
wss condemned 80 woTlbless--"a mere
paper report:" and every epiibel that
'ould make the people curse The banks,
md desire their utter demuli;un; every
'epFoach lhat could declare their hosnl-
~ TO iibel ' and characterize their ope-
ailons as worse Han The reign Of kings.
sas emtloyed with the apparent coasic-
ion Of truth. Under their banner down
With the banks end Up with Democracy"
The party dsluded The people with The
sllef. iha. Banks and Rerublicanism
ou'i mol co.exisi. And. isking an art
u advantage OF q severe distress in mon I
y affairs, shieh was falsely attributed to
ne Wing triumph Of 1910. bat hieh, in d
nth. was the fruit Of long train of III 4
iv'sec measures appesed BY The Wings a
the outset. and al all times afterwa ards, c
'ey promulgated The charge. that The d
anks had boarded The money, and pro- 5
Used thai they. il elected. would unbar 4
10 prison houses Of The hidden millions Il
gold and silver. Coming, ss these men o
d. into the Legislature, with their de- 8
AIRED hostility sgains. The very sx sience il
banks, as being anti-republicsn; with IL
err open made charges. that they were d
u oil corrnptIons and ro.ienness. and had
It been sufficiently investigated. bot in "
r. bad been bssely white VI shet by the oI
'higs oil 1910; and sso~ine, further, al
at The owners and directors of The insti.
lions were in the hsbi, of shutting I'd u
money, so as to produce disress.a ~
ongst the people; declaring and ayow- l.,
al these things, wha, had ihe peo-
right 10 expect Of these iegisls~ l.,
5, when they should become rightful-
possessed Of the D0wer 10 act Al their