The Spartan. [volume] (Spartanburg, S.C.) 1843-1852, 1849-02-06


I" the opinion of his advisers. He takes AS bond
for the money, and the specific lien as collateral
sccurity-but "A takes noton in time TO send his
slaves To the West, does SO, aud sells thcu, at
hish price u complains of this supposed breach
"i faith. but A answers promptly ia the spirit of
mo lern oratory, "you huvc my bond for what
owe you, and consequently. my pledged faith
'or It's payment "--"you could not expect that
| should keep my slaves for your accommodation
the faad have sold them ior, adds to nv general
means, shall pay you when the debt falls due"
| Ii is than probable and our foreign crcdi.
| tors would think alike regards the trausuclion-
that faith and honor had been sacrificed at the
| shrine of expedieucy.
| My Hon. friend says, that when the charter Of
the Bank OF Charleston was granted, all Charles.
Ton mad, himself amongst the resr.~ Now, |
will take the declaration as matter of faut, and
will not stop inquire, whether the gentleman to
| this moment as recovered his sanitY on the sub.
! jrc, of Banking; but | will ask him TO explain
hereafter. hoto, in his opinion, SD muny people
| run mad upon a measure primariky, of SO
very l'ltie Importance | admit, the same kind
of mama prevailed in the country 10 the extent
OF my personal knowledge and observation, and
that many never troubled with the Spirit of spec
| ulation before, were anxious. and showed Meir
anriefy by the risks :hey took tos participate in
| this promising and grand speculation / do not
| know The whytnr that the Bank of Charleston was
Incorporated; but of the pietcnccs was that
banking capital was would be nesdsd TO supply
the deficiency, occasioned by tho @tthdrawai oi'
the assets of the branch Bank tue United States
from the city OF Charleston. -
SO strong the feeling Of the State against
the United States Bank, that u measure now adj
miited by the Hon. gentleman, himself as very
inimIcal To the true interests Of the State, Was
passed. and the Bank fChareston established
Permit me TO say sr-and l am gratified that
q q has thp
GSan. to make the declaration, which intended
To repeat whenever l have u fair opportunity of
DOING so-that the charter OF the Bank OF Charles
ton, is the Enulest blot upon our cscu,cheon which
can be found, either upon statute book, or our
books of history.
charge mar, personally, in this matter. If
were SO disposed. which | am not, | would not
| know whom to charge, the concoctors Of this
| nriarious scheme. Tha. the charter Of the Bank
of Charleston, was foul dsh0nor 10 the State, ]
have ever belicved-lhat ii was the greatest his,
| take ever committed by sensible men, is to nv
mind, as clear as the merGan sun. We ha vc
created u monster to tyrannsc us, IN whose
hands Is placed the power uf life and death To the
citizens of the State, so far the means or living
are conccrned-u crush, or expa,r.a,c at plea.
sure, and should its SO, 100000 power continue
alter the Bank ot the State falls. | would be dis
posed tn congratulate the people of any establish
ed government in the world, upon the sureriori,y
OF their actual condition, over that Of the good
pc"pIe of South Carolina.
The very recital of the history Of the Bank Of
Charleston, is enough to cause a blush on the
cheek Of every hcnest in the State. What
SIR bona hde subscriptions Of S92 coo, 900 10
50. 900 900 institution, the Bank then staricd-
| Il bona Jfde payment OF the amount required, cx-
| ceedngs and NOR" than doubling the whole bank
ing ca pits' Of the S,Nlc at that time ! Who can
doubt that the Fhiils mes in full force, were down
upon the unpro,ec',d citizens Of the State and
| that the substance of the widow, and the orphan,
were swallowed up in this maulstrum Of 6panciul
7tegerdemun
11ss,7 Back. which even no,c, I,ns 81 mower to
depreclaie ut Pleuspto. The propertya our people.
and drive from the murket all the rf'a'Ks. cx
1 cept the Bank of the State. wbiehYa the shor
space of sixteen months. reduced nS ,circua,ion
more than a million OF dollars. will come before
US again Tor u re-carter. Will the S,ae grant its
/ request
Sir. tho leader OF the newly established. and
probably, now dominant party, has some what for
gotten his habtua caution. He makes an open
declaration Of war in the most emphatic language
" DcIcnda est Canth0go," we all understand M's,
| whether we have forgotten our classics not. A
dictionary of quotations will help the mos, humble
of US out, attempting to put mo plain English the
classical learning with which the Hon. gentleman
Il has kindly enlightened the House. DelcndG es
C0Hh0gO" Agreed. So far as may. accep,
H"tIor CdNdSo, out my associates III inc oat
tie, whether in the van, the the fororn
hope, the warning now distinctly given--the ,hrea
now distinctly avowcd. that the Bank OF the
State must lie destroyed" 1t is mos, true. ,ha,
some are looked upon true as sicel--os rcliab,
as long experience, and personal consistency coult
warrant confidence, have gone over 20 the up
postlion-ihcy now enemies of - Carthage.
Well, so be il. all pcwors exercising sovereignty
sre compelled to give hounies to their recruits
All political parties have 10 bid high for new adhe
reuts. l have Objection to the pr oc'ical appIl
'cation Of the American apothegm, which IS a ial
comment the conclusion "fihc Roman Senator
>, differ eut speeches Of Delend0 est Carthago." s.
f aprly quoted by the Hon. gentleman, to the VIC
tors belong the spoIls." Let there be no whining,
the re-char,er shall sweep away, the Office holder
aud tue Office seekers who fight under The parlc
ular tanner Of Dclenda est Carthage, for oiiice
for honor or for principles. | too. inscrbe uPo'
my banner, the same motto; but my Carthage /
4 all ircor poraed Banking Institutions of private
character. And an partly led TO this oonclusio
! from my own reading, observation and inquiries
and partly from the iearful avowai maze by th'
I gentleman from CharlcstnI. himself. 1t was TIM