Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1851-06-05

SretHNIlc, 10. y Ih'IIo' VI wv ~~o
met, publishes the following facts in J.
lusiraiion OF the injury Inflicted upon
the State Of South Carolina by the pro-
long, agitation and threats Of seces
sion from The Union. They form the
sirong' st arguments against the policy
OF the course which noisy demagoeues
in that State are pursuing. South Car
ol ina persists in making herself rdicu-
loas, and IN retarding her prosperity by
noisy defamation about her deiermina-
tion 10 do thing she very well knows
she never can do.
CAPITAL LEAVING SoUTn CAROLINA.
We understand tn a gentleman OF
this place has recently carried ten thou
sand collars, in money. to invest in
Georgia or Alabama, or place there NJ
interest. in consequence OF our taxation
and civil comnOtion. This gentleman,
too. is a member Of the Southern Rights
Association. We were likewise inform
that application was made 10 another
large capitalist in this district Tor loan
of few hundred dollars, and he inform
ed the applicant that ii was not his pur
pose TO lend out any more money in
South Carolina. We have also heard
il suggested that the business men in
our community. having large demand,
owing to them, would commence a gen.
eral collection in time Tor secession
| The bills Of South Carolina banks are
already beginning to return from Geor-
gia and Alabama, under the suspicion
that their credit will be affected by our
civil conmDtions. In one instance, but
a few days since, gentleman drew
from the bank in Charleston. for the
upper country, five thousand dollars in
| specie preierrng to have his money in
gold and silver, 10 bank bills. There
can be no suspension OF specie payments
in that case where the money is wanted.
We were consulted the other day by
! a gentleman, who wished TO make n
purchase of some real estate, whether
we thought the State would seccdc. II
so, he did not intend to purchase. A
gentleman just from Charleston, and IA
delegate, too to the late convention
there. informs us that il ii Was certain
! the State would serede in six months
real estate in the city would not sell AT
half price. In preparation for secession
IA merchant Of this place has already or
dered his shipments to Savannah, in
stead Of Charleston. Another of our
citizens, who has perhaps n hundred
thousand dollars in Greenville, drawn
from his estate in Geosgia, is about to
leave the sinking ship" and cast his
habitalion where he may be quiet and
live in peace. Thus ii is the dnticipa-
iiOn of secession are proving disastrous
to the Stale. What will The reality he 4?
1t is fearful question TO answer. May
the Almighty in his mercy avert so aw.
iul a calamity, shouli be the prayer of
every lrue-hearted and patriotic Carol
iulan.
To these facts may be properly added
The following from the (Charleston)
Southern Patriot, as an Indication ofihat
public sentiment winch we have always
commended lies, broad and deep, under
the cIamor ofthe sccessionists -
1t will be seen that large portion OF
our paper this week is filled with eX-
tracts from letters received. We ieel
assured hat our readers will take an
interest IN seeing what public opinion
is ia different sections Of the coun'ry.-
Heretofore public opinion, in opposition
to secession, has heen a seated bOOk III
Soulh Carolina, and the people OF the
other States were under the impression
that we were u unit in our folly and
madness. Eut it is manifest that. so tar
from beng AL in favor OF secession, We
are likely To he opposed to It. The grea,
mass OF The people are, and it will soon
be seen that no one can doubt it. The
newspapers and politicians wi have TO
fall into the ranks Of the people or stand
alone. All hope of assistance from the
other Southern States is gone. As one
VI our Charleston correspondents re-
marks the reaction in this city, since
last fall, is incredible. But il is the
same throughout the State. The pay
mcnt of our enormous taxes. as oui
Hamburg correspondent remarks, has
opened the eyes Of the people TO the be-
ginning Of their troubles. 1t is now time,
as aEoiher correspondent remarks, TO
turn our attention 10 grievances in our
government at home.