Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1846-01-23
20 .,ENttE.tsAL INFORM 49,

not authorize the National Legislature by
implication TO adopt any system of meas.
ures beyond the powers. thus expressly
delegated, and in deragation OF rights with
held and reserved to the States or 10 the
people.
3. RESOLVED, That the power :to coin
money and regulate the value thereof i'm
poses upon Congress the duty of establish
I ing fiscal standard of value, but confers
no power of creating monied institutions
or of chartering Banks of issue.
4. RESOLVED, That admitting the con-
stitutional power Of Congress 10 charter a
Bank, the past history of the country proves
beyond all question the. utility of such an
Institution, either for the custody or dis
bursement of the public money, the regu-
lation of the exchanges, or the controlling
the over-issues of the Banks Of the States.
5. ResOtUed, That we concur in the
sentiment as expressed in the Message Of
the President, that the separation of the
Government from Banking Institutions is
indispensable for the safety of the funds OF
the government and the rights of the peo-
| ple;' and to this end Constitutional
Treasury is necessary, as we'll for the safe
keeping of the public n oneys as TO protect
the honest industry of the country from
those revulsions, suspensions, and depre-
citations which invariably follow the over
issue of Bank paper.
6. ResoIUed, That the act of Congress,
passed in the pear 1895, for the establish
ment of Branch MINIS in the South and
South-W was a measure founded in
wisdom and sound policy !. that the estab-
! lishment of the Branch Mint at Charlotte
was of infinitely more importance to the
merchant, farmer, and common Iaborer oil
our State than that of any Branch Bank
and we most cordially thank the democra-
cy Of the Union for such a Stt5-Ifeasury.
7. ResolUed, That we concur in the
viissss as expressed by Mr.. Secretary Wal
ker, that no more money shall be collec-
ted from the people than shall be necessa-
ry for the wants of the governments and
! in the adjustment Of the tariff mo duty
should be imposed on any article above
the lowest rate which will yield the largest
amount of revenue nor should any arti-
Gle be imported free of daty which is the
proper subject of taxation; that to levy
and collect taxes, duties, imposts and ex-
cises,' conGers on Congress the power 10
raise and collect revenue, but notthe pow
er to protect manufactures and we thank
the Secretary for his just exposure of those
| Legislative tricks and CONFERENCE.-The
minimum and specific duties-insented to
cheat and defraud the honest consumer for
the benefit of the rich and CRASHING manu-
facturer. *a@
8. ResozUed, That the liberal spirit
which has marked our past negotiations in
regard TO the territory of Oregon, and the
renewal of the proposition by President
Polk to compromise the matter in dispute.
comments itself the appreciation of every
patriot; snd should the rejection of the
overture by the British nego'ator be per-
sisted in by his government, no alternative
will be left on our part, but an abandon
ment of our national rights or fixed reso
luton firmly to maintain them.
9. ResolUed, That reposing as we dc
the fullest confidence in the prudence, dis
erection, and patriotism of the President O
the United States, in the management O
this important controversy, and uniting
with him in the hope 8 that in this enlight
ened age this difficulty with England
may be amicably adjusted we do no
hesitate in offering our unconditional pIe1g
of ksupport. be!ieveing as we do that on
country rs in the right; but right or wrong
we are still for our country.
r TO- RESOLVED, That we hail with prid
and exultation the admission of the Repub
tic of Texas as one of the independen
States of this glorious Confederacy;
measure conceived in the most enlarge
patriotism. originating with, persevered in
and consummated by the Democracy c
the Union, against the false clamor and in
veterate prejudices of our political oppc
nents.
Ii. ResoIUed, That James X. Polk
President Of the United States, is espec
ally entitled to the thanks and gratitude c
the American people for the prompt an
decisive manner in which he effected ih
measure of annexation, as well as for hi
energy and decision in placing the coun
try in an attitude of defence--thus falsify
ing the prediction of our opponents, tia
the annexation of Texas would most Gel
tainly produce foreign war;
10. Resolued, That we recognise i
Green W. Caldwell, of the County c
Mecklenburg, the nominee of this ConVen
ton, the sterling and well tried democra
L. LII s.:.,.laa aud @ hiualrnns nentlern al