The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1844-06-06

VIII ne Genes On coMtkf Articles 81 20
90 80 per c<st. Complsinsd % he l.llsnE
on OF inports 10 the 6rsl nine monghs AZ
car The TsrifT ~eniinlo operation; - show
log thar dplsss ~efs ZOO high. lie ~ss
nsl apposed 10 nansfsc;uEes: bat lho1ghl
duiy Of 40 per eehL with diserininslion
fsf rsyense. suffieirnL Dfnisd that pat
ting on duties msde goods ehssper. u
nishi to 20 IN q solitary article, shse
the mrrchsnis. shrswd ls:lo~s. import
largely before . Tsrif passes. and ihrn
The price fsIls before they can work Of
their socks. lIls did not appear On OBJ
serve that he xss here answering his osn
argsmrns sbou, the falling OF 81 imports
sfler ne Tariff passed.
lie thea passed 10 The Bark bill, shich
he said Inc Wings ought % shank CAPT.
Tyler Cor seioing. a. il wopldnaitasr be-.
tered things. and il gave then IN excuse.
He stsifd lie proposed rspilal 81 SO nil
lions. sppesling 10 Mf. Graham IL % sere
DOT 90 Me-. G. told him no; that The Ca
pi,sl wac % millions. with liberty 70 Con-
aress 20 Increase 10 SOFT thought proper.
Tie arRaed, that the Bank would NOT have
sHorded relief. because u Vas not the dsb,-
or Who would have taken Stock. but the
espi,slist. sho would have been obliged
10 collect in his money 10 pay his sub
seripiiou. aud 90 the Consiables wosld
have had enough 20 do.
He was opposed % all ths new issues,
q. he called them. Of The Whigs-T.rf of
Protection, u. Slsies Bank. Distribution.
and restriction OF The Veto. tie had voted
for Distribution once. al The heel Of The ses.
sion. but he wenthon examined the sub
|ject. and changed his mind, and he va.
now against IL. more Of this hereafter.
he did no, think il fair augment that
The lands we're TiusG but waived the
legal question. and pu, 10 on policy. He
denied the policy Of distributing Tins iund
and taxing The people to supply lie plscr
He would prefer 10 hsve money in the
Treasury and take the duty off Of Sugar
| lie was opposed 10 The bank in al
forms. lie again waived The Conssitu.
tionsl question, ss he would cone befors
the people on unequal terms ai,h HE dis
hngnished competitor on that point; bu
yet he would venture on the srgumsn
With him lf before Court Of Jus'
tee. His ground was that il was totally
inexpedient. Money 10 power. snd D,
would not gre siraw Gor the liberties o.
the country il the whole money poser
were thus consolidated. Tie would detesI
himself il he could condescend to such
hsmbuggery as 70 complain Of man hay.
ing money. Bu, money is power; and .hs
debtor 10 slave 10 Tie creditor, a position
which we utterly deny. II IL acre true
80 DOT Of every 100 OF the people Of ,hi'
country would be siaves--voluniaTy
slaves; and sbou, every other man woult
be slave snd the owner OF such slave,
himself. Away with The insulting
idea.l He admitted the usefulness Of !
Bank in discussing public funds and
regulating State Banks. He admitted Thai
!, may and can do much good; bot said,
that you should giue no pocer that MAY DO
MISCHIEF! II is no. sufficient ,hs, il may
do much good. bot Il must be demonstrate
ed that it can do NO HARM! Admitted the
convenience OF bills tha, would lass from
one end OF The country 10 The other; but .
elk purse would hold the gold to do thai.
He bad tried il and knew. He was for sepe.
ration from all Banks. Tyler had disbu,s-
ed the public funds without loss. He asked
where the interes. went ,ha. the Bank re-
ceived on its loans Of the public money |!
|, was divided among The stockholders.
Blu, would you give your County Truss
tee The interest on your County Funds!
No. SAID Nc. Hoke; but here he made =
great mistake, for the County Trustee.
for performing the very same duty Of re-
ceivlng and disburs'ng the public funds.
excep, tina. he has no expense in sending
il all over the country, nor no risk IN
making bal debt by loaning it out.
actually gels his 5 per cent. on all that
comes into his hands, even if he only
keeps its day.
Waere, said Mr.. Hoke. will sou End
better currency Than our North Carollns
Bank Notes, Yoo can take % bill and
bny a uinke, on Pennsy lv,n'a Avenue.
end gr, specie in change. have known
no cases, said he. Of oppression BY the
Banks IN North Carolina, because they
are manssed by men Of character. They
have been managed veil.
lie mex, opposed any restriction OF the
Veto. Spoke OF Mr.. Clay as disun-
Ruished man OF very decided ability. whom
he had no idea Of abusing. tiere Mr.
HIKE introduced ao aoecdo,e Vi Dutch /,
mao, as he did several Others in the course
Of his speech. which we w'll not do him
the unkindness OF repor; for We under-
sand he introduces them ~ all h,s speech
es, and il we fores,alled him. hls anec>
do,es, which are only psssable when fresh.
would become too stale for use. But to
return to the speech. Me-. Hoke did
no, know, be said. whom he was for for
President, any more than The Wings knew
three weeks ago whom they we're for
n 4