The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1843-08-02
WASHINGTON AND A BANK.

-Ctu
Bank, says:
1.-THE establishment Of PUBLIC cREDr
is an immense point gained IN our Nationa
concerns. This, | believe, exceeds th'
expectations of the most sangune among
us. And a late instance, unparalleled II
this country, has been given Of TIL
CONFIDENCE REPOSED IN OUR
| MEASURRESb by the rapidly with whici
the subscriptions To the BANK uF THE u
STATES were filled. In Two hours after
( the books were opened by the commission,
ers, the whole number Of shares was Ia.
/ ken up, and four thousand more applied
for than were allowed by the institution
besides number Of subscriptions which
were coming on"
In a letter 20 General La Fayette, da.
ted March 10, 1891, directly after the
Bank was chartered he further says:
1.-THE last session of Congress has been
occupied in additional arrangements of
finance TO establish the pubic credit and
provide for the expenditures Of govern
ment." "The laws Of the United States,
adapted to the public erigenciss, are franz
ed with WISDOM and MODERATION, and &C.
ouIEscHD IN WITH cHEERruLNEss."
Predictions Of the Free Traders Faisi
fed.-Hlow completely have all the lugu-
brious anticipaiions and predictions of the
Locoiocos, respecting The operations Of the
Tariff, been ialsicd The triumph of the
friends of Home Industry so far as the
principle Of Protection goes, is unqualified.
The followiog extract from letter, writ
ten by gentleman in the cars for Boston
and Bunker Hill, to the Albany Evening
Journal, adds another item Of testimony
TO that which has been already abundan,ly
adduced
"Thc Tariff-,he TariG-all ongross-
ing subject Even those who we're has.
tening to the celebration could stop TO ar
gue-and that iiereely, too, on the respec-
tive beauties Of Free Trade and Protection.
Being compelled. as IL were, 10 be a lis
tener TO one OF these discussions, | was
much amused at litlle incident, which
may nieres, others as well as myself. The
advocate OF Free Trade was a dapper
little gentleman, who was amazingly keen
and sharp. sighted, himself being Judge -
His antagonist, If ! mistake not, was q
merchau, from our own State. Free
Trade" detained most eloquently a
gains, the present wicked Tariff, and be.
ing s,unped" for particulars, lnstanced
4" Fiannels,' which, said he, " are all taxed
so much per yard, without any regard to
quality. The poor man therefore has TO
pay us, as much extra for his cheap nrtl.
Gle, az the uabob does for his fines, quality
Z" am glad" said the other, that YOU
mentioned nanHels for i, enables me to IN.
form you OF the fact, that can now bay
tiannels treniy par cent cheoper than I
could before The prsseai TaIf lar p,issedr'
81 Free Trade stared, looked blank, aud
the subIee, Of 4" Flannels was dropped
Party tactics are described in the col.
lowing quotsticn from a pamphlet written
by Oliver II. Smith, late l.. s. Senator
from Indiana:
Names are all powerful in poli,ica!
Well do the leading modern
Democrats know the truth and forcc az
this remark, and hence they not only hold
on TO the respectable name Of Democrat,
but with one voice they stamp their oppo..
nents with the name of Federalisis. add
their measures az Federal measures.
They abandon and adopt measures them.
selves al plcnsurc--at one time for M.
tional bank, at another against; q, one
time fer the pet bank system, al another
lgains, II; at one time for the issues Of
State and local banks; 0, another agains,
all bauk paper; al one time for Treasury /.
notes, at another for specie a, one time
Tor distribution, nj another agains, II aud
stall they are Democrats, and each E1sassre
rh'le thy aopport IL, Is Democratic. But
The moment they abandon IL Tor some ncw
expedicni, II becomes rifle Federol p,ea
shre, and all who support il arc FedcruItas.
THE BRITISH PARTY.
The Liverpool papers, received by the
last arrival, are full Of the idea, that the
A~'riean Turf siH probably be rerisea
'.ert Winter, and satjee'ed 10 many modi
hedtions HIGHLY BENEFICIAL To
ENGLISH INTERESTS" And Lord
John Russell, IN a speech in Parliament,
spoke OF "thc certainty OF "a revision Of
The American Tariff, IN the next session of
Congress, ON TERMS MORE FAVOR. +
ABLE TO ENGLAND"
What 's'nk the people Of dis The