Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1843-05-03
Edsehela Court House, S. c., May 8, As4s

Lake Michigan with the ST. Lawrence
and il has most extensive internal navi
ga,ion by means OF several noble rivers
The climate OF the State is mild; j, con
tains, suppose, as large body OF land
not merely cultivable. but highly fertile
as can be found lying together in The tnI
ted States: il abounds in various kinds o.
mineral wealth il is situated about IT
Tue centre of horizontal field uf bilumi.
nous coal. which Mr.. Lydell pronounced
the other day TO be rs long as Greai Brl,
tain; and i, is inhabited by an Industrious
frugal, iutcllisen, people, mos, rapidly
increasing IN numbers. That such n peo-
ple will for any length Of lime submit TO q
total pr,stra;;ou ofpublic credit can leser
b,licve.
81 say, gentlemen. the loss Us well as
the. reproach, for widespread and severe
as has been The suffering in This country,
caused by the default Of some Of the staics.
our own losses, public Gnd private. be-
lievc 10 have been syeater- The states
themselves, as governments, have expe-
rienccd The greatest emba-rassnIenis ifntn
The sudden destruction OF credit tc:'cna-
ing alike 10 those States which have and
these which have mol hnnorubly aud
promptly me. their oLlisatiuns;) thai credit
Oh which alone, iu sumo instances, they
depended for the resources necessary To
complete aud render productive their pub
lie. works. s4'hc general Government Of
the United States, after having paid oil q
public debt Of more than zoo. .000,00O Of
dollars, has found itself unable TO ncsuIiaIc
a lriiling loan in This great metropolis o!
The financial world, whose surerabundnni
capital, but for he default OF some OF the
states. wou!d hive continued 30 be for
those states themselves, and sur ind!vidu-
ais. n vast gold mine OF uuexhau-ied ca.
paciry. In addition TO these public en-
Larrass,nen;s private fortunes almnstwilh-
on, number have been destroyed in The
general wreck OF which the iuIlnrc 0i The
stalrs. Us cause Ur effect, 10 one OF the prln-
c;pal elements. doubt, II, IN the history
tf tEe y orld. III so siarta period, such "a
transaction has been made from state Of
high prosperity 10 one Of general distress.
rs in the United States within the last
wears. Aud yet. gentlemen. The elasticity
ant power Of recovery in the country are
erca, beyond the conception Of those who
dn no, know it from personal observation.
Even within this disastrous period, 10
which baFe alluded, a private CONNER
cial debt TO hi. county, eslimctcd al ,wen-
" five millions Of pounds sterling. has
been pail by the american merchants.
with as iiI:le loss 10 the credirers US would
attend the collection of an equal amount
Of domestic debt, in this or cuy other
country.
"Bu. ! will mol dstain you, gentlemen,
by enlarsing on these topics. The sub
jec,, I necd not icll you, is one Oh which.
in all respecis, il is proper that should
speak .,ilh reserve. think shall have
toue my duy, il | have convinced sou
,hu, am keonly sensible of the su.erinss
Of vour constituents, and truly soiici'ous
| .or.he;r eFeclua relief; and that amidst
all the uncertainties end delay. which
may attend rhe measures requisite for that
purpose. s,iIl feel confident thai the time
will come when every STATE in the Union
vii! fulfil its engagement.
EDWARD EVERETT.
.46, GrosYenor place, March 81