Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1859-03-24
public. and we should hail with pleas-

public, and we should hail With pleas
ure any measure consistent With JUS
tice, that would accomplish this OBJ
ject. We can never consent to its
appropriation by any Of the powerful
States Of Europe, and would incur all
the danger of war, rather than acqui-
esce in such result.
Resolved, That we are satisfied
with the views announced by the Su
preme Court of the United States in
the celebrated case Of "Dred Scott
on the rights Of shareholders and the
statu Of slavery in the Territories.
and arc willing to abide by the princi.
Piles announced in that decision.
Slavery and the rights of slavehoL
ders are protected by the Constitution
Of the United States, and by an ap-
peal to the action Of the Judicial tri.
bunals of the Union, until the forma-
tion of a constitution by the people of
a Territory, and then the State must
decide for itself on that, as well as
other legitimate subjects Of govern
ment.
Resolued, That it was intended by
the trainers o. the Constitution that
gold and silvershould be thelegitimate
currency of our people, and we deeply
regret that Banking institutions and
paper circulation should ever have
been so deeply epgrafted into our Pc
cuniary relations; but being so engraf-
ted we are compelled to legislate
under the circumstances by which We
are surrounded. In view of which,
as a remedy for existing evils, We
will insist that our present banking
system shall be so reformed as TO
enforce invariable redemption at their
counters Of their circulation by every
Bank in the State,and limitation Oh
their issues to notes of a large denomi-
nation, Increase d protection TO the note
holder, the right of supervision upon
! the part Of the State, and forfeiture Ct
their charters-ior abuses Of THEN
privileges-and by these and such
other steps as experience may d, mon
strate to make as near an approach
to Constitutional currency as may
be found wise and proper.
Resolued, That it is essential to
the welfare Of the State, that in all
charters Of incorporation, granted by
the Legislature, that the power
should be reserved in all cases to
change, modify, or abolish these pri.
vate and privileged interpretations as
the public good shall demand.
Resolued, That we have an abiding
confidence in the ability and patri-
otism Of the President Of the United
States, and that We approve gener.
ally the ideas contained in his mes
sages and the acts of bis administra-
ton. We therefore renew our pied
ges to his support, and our faith in
his adherence to the principles of
our party.
Resolued, That we feel undiminish-
ed confidence in the present Chief
Magistrate Of the State, bis energy
and talents shown as our candidate
in the former election, the signal
triumph he achieved III that race, his
ability, dignity and frank bearing as
Governor of the State, alike entitle
him to our gratitude and warmes,
support.
And the resolutions we're adopted.
A resolution was offered by Col. }
G Guild, Of Sumner, that Hon. / g
Harris be nominated as the Democrat.
ic candidate for Governor by acclama-
ton. The resolution was adopted
amidst great enthusiasm, and a COM
mittse having been appointed to IN,
| form Gov Harris Of his nomination,
be made his appearance and returned
his thanks TO the Convention in a
graceful and eloquent address, which
was received by the crowded assem-
blage with loud and repeated applause
Effects Of the Wind. 4
BosroN, March 9.-The briggs
Mercy Cousins, from Havana, Edwin
from Cardenas. and Monagas, all
went ashore in the bay last night.
The crews we're saved, bat the yes
sells and cargoes will probably be to-
| tally lost. ~