Holly Springs gazette., 1843-01-13
EXTRACTS FROM THE MESSAGE
OF THE GOVERNOR OF NORTH
CAROLINA


Il would recommend, that whatever
schemes of expenditure you may embark IN,
that you keep within the meaas at the com
maud of the State otherwise, the People
must be taxed more heavily, or the State
must contract Loan. The pressure off the
times forbids the forrner-the tarnished hon.
or of some of the States, should make US, for
the present, decline the latter
The mania for State Banking and the
mad career of Internal Improvement which
seized number of the States, have involved
them In an Indebtedness, very oppressive,
bat not hopeless. American credit and char
acter require that the stain of violated faith
should be obllterated, by our honest acknowl-
edgment OF the debt. and stiil more honest
effort TO pay il. therefore recommend the
passage of Resolutions. expressive Of the
strong interest which this State feels in the
full redemption of every pledge of Public
faith, and of its utter detestation Of the abom
Unable doctrine of Reputation That State,
which honestly owes debt, and has, or can,
command the means of payment, and refuses
10 pay, because It cannot be compelled TO do
so, has already bartered Public Honor, and
only awaits an increase Of price, to barter
Public Liberty. This recommendation Will
come with peculiar force from you. North
Carolina has been jeered for sluggishness
and incidence, because she has chosen 10
guard her Treasury and protect her Honor,
by avoiding debt, and promptly meeting her
en- gagements. She has yielded TO others the
glory Of their magnificent expenditures, and
will yield TO them al! that glory which will
! arise from u reputation of their contracts.
| Ii the language of one o: her noblest sons,
"it is Better for her TO sleep on in Incidence
and innocence, than to wake up to infamy
and treason"
But when public honor is at stake or pub
lie Liberty endangered, she will shake the
poppy from her brow; and then, for her high
souled patriotism, for her unwavering devo
ton to the love of Liberty, for her loyalty tc
the Union; and for her stern integrity, the
prnudest sister OF the Republic may we'll de-
sire to be her rival
The Civil commotion. which has lately
disturbed the patriotic State of Rhode Island
is deeply TO be regretted, and It's termination
ln q conflict might have been attended with
serious consequences to the other States. A
side then from mere sympathy. we cannot bt
| Indifferent spectators Inequality in the rlgh
of Suffrage, Is the ground -npnn which roeis
tance 10 the constituted authorities, and over
acts of rebellion, are attempted to be justified
Without passing upon the merits Of the issue
between the parties, in that State, | am con
strained to sag, that there is a spirit too offer
manifested in our country, 10 enforce ou
supposed rights, or 10 redress our supposed
grievances, by appeals to open resistance
rather than 10 Law. to reason, and 10 a retur
ming sense ofiustice Il is not every grlev
ance, under which people may labor tha
iusthes resort 10 force for redress; nor Is !
to be believed, that in any portion of on
country. in this enlightened age. viii ;
course Of policy be persisted IN, that is gross
" unjust and oppressive. The steady ap
peal to right and reason, IS sure IN due :im
10 procure the appropriate remedy. In
example of our own State, in her steady ei
forts to reform her representations, by ap
peals to the Justice OF her claims. and tn
success which eventually crowned those ei
forts, is proof of the wisdom of that policy
| therefore deem it the duty of all friends G
social order, to rebuke, on all occasions, tha
spirit which is ever ready to light the tore
of civil discord and revel IN the blood OF
brother.
The onIv means of protection. agains
these continued drains, which our Bank
can resort to, is to curtail their circulation
the very thing that operates against the com
! munity, but the only thing which can pre-
;, vent them being driven again into anothe
SUSPENSION 1--we had National Curreu
cv at par in every part OF the Union, b.
which 10 pay these balances against US, tina
Currency would never touch the hand ofth
Broker. 1t would be thrown into cIrcula
tion in every direction. instead OF beint
thrown back upon the Bank that issued i
Our own notes would remain among US
there would be but little demand for specie
as but few would return upon the Banks
and they would thus be enabled to throw
much larger amount into circulation. with
ont the risk of their sudden return for s2e
Gle. and without the risk Of being driven a
gain into another suspension The hope
Of having a National Currency has beer
twice twharted by the Presidents Yetoes up
on Charters for National Banks. Whethe
he will continue regardless Of the will an'
of the sufferings of the people, tune will dis
close. Whether the examples OF Washing
ton and of Madison are unworthy OF his I'm