The Hillsborough recorder., 1877-06-20
SrfTE rURRENCY..

a SYsfTE UURRENCY.. '..''-'-''
The Baltimore Gdsette says there will bel
money tight in the next Congress. which
win ths lqueshVnsf fthessssiouA Htbdy
win bring i,stS lhAt question Nc remdxal PHI
the tx Dn Stats baaks then ID win ~
question Of dissst interest to ne South
Some Of our contemporaries have already
mootcd the subjects We dii so more than
a year ago q, and intended 70 return TO. It
more convenient sedsuG1 r6inecitIhns been
started again. We have no objection to see 1t
ifullySeial lhgsa.EIlNngSI TIE
What This State, ana What IN the States
Of the South want i cncdtating mcdium.
i currency. wse,hefFstsaab .ahatissall
bank notes. silver, or srate bank natss;
something that represents Value and some. !
thing ,Lat PsrfoEas ahsi fanctiQns q a9sii;, ex;
change. YN e hape nothiag of the kind that
will remain among ussds Greenbacks Will
not remain iuii t4causs they are VI more wlue'I
than national bank notes, and money Of
| greatenvnlue will not keep, in open ,circu--t
hlation when 4. .eheaperb medium can be us>
ed. This cheaper a'edium.a ths national
bank notes, notes whichtths government h.s al-
lotted to US 10 unequal proportion, 70 that
at tho boss the South Inns seyer had its
share. are irrssissibly drawn to the great
money centres ID pay~entof Southern parI
cba<es. \ Ufsilysr it is idle 70 speak tits
weIsdmsJ. ills huggsdu ~ the heart, ,bul
| it is too precious inathe eyes 0: the people,
10 use bssssta Sisiitw iaIl sdt ~ ga .sa.l1
/ What's 70 be dons?" Remove the re
s.sialioa upon The state ,ls banks, \, aud give
tashen abe privilege their charters entltlesl
tths,rG to-, % issue their notes fressfroa tax
4 This IMPOSITION was | war measure, iussi>
ttalsj 4. bolster up shs paper esrrsney Of
4 gevern,eeat ct war and With no financial
.resouEesiexespt its uerellsas THE war has
il passed. ma she Aas sioaai AXIS DC ed norpro,
!. tsctibh ss isss,S sssS ,fas adsscit., irhess as
we'll "A e:fsr ipye,.;iSns pF Ike character,
4 hav4 shown thsirs sfsilibi!i:y. They haze,
showni 4heiF liabilities 70 eouierfeitias;
4 .they have produced their bountifulcroPsOi
!. copspirigg directories. Of er,betzIihg Presi
Il debis. of detailing cashiers. 'Ot' empty.
Vaults and Of syipaled dspOsiters. Tie y
State banks can do.ho worse. Inthis State.
! they did nothing glike Il. lonlysbsing expos
. ed L. tle. l5sSsby e6hnteffsitisg.s tsssa ;
,tr1j.el the goyernaeRt eif,sr auticiizeJ y ~ y
increase Of banking capital Nth tbo re- rsfrp- "
: yi Of some fssihciioBsl which pog make
such increase sbf'lIstIe asail orr bstisrstill,
lel It give give liberty t5fl6 ssstS banks. ii
( lis our affair. IS lie pssd of,he feDPs;
There can be no interferenc. With The ops.
rations of atbe national SYSTEM. Their nOiei
!. will give Us home currency, which. if q
li,,le below par, sin BE- egoOd for aoines,i'
! usc. and subscrea thousand good purposes
(which are Impossible nos,s with no cireulat
ing medium stail.s sssgtsetgaab 81 e
sla - aais->.-s >. t.-s--.-4 fi sfs saiv
ul In zen years Worth CsrOlins has paid
. into he National Treasury, lor rather sh'
has raid that much. for we can't ten llov
lnpca has siek " the vay s729. 1856;
Z collected from customs. saa sI5.49e. 726.
) IS. collected from Iatemsl Resenns. ~
: tri - 49, s..sg1.l -e<.Ss.sdi ri Al v
AcOloted caaet. by name. PEppstfr
!, Georgia has jua graduated, y West POin
a. md has been assigned % the casplryl 4
.al lieutenant. He stood 64 in o class Of 1G
!. fIe is said 10 BE- uSodest aud aaobtrusissg
vi y gai h4N ~ szae1 1alYsIaslY If fsfsi ~
John a, Hymap colored, trmember.
n toogress. las been prpoipgea Collector
ss ,he Second Di-tric, q North carolina, W
10 hbpe our 'I.iberals,' will tske hsart.i d
Idld rEy9 ig ttlses--4s-D-4. s-s....1p lEzs v
4 In the aieao Of cotton planted This yea
i d North caIolius declines 4 per cent and
4 The condition Of the crop for Inc month |,
!. June. Ibis State stands 81. The ayspgs b
ar Iipg loo. laaatI63an aAt'han .a#1.h AsIA
go BE ~ u.-ts<-rri- p-4---i f.5sss,sys
- g. d. winasad. solleeior Of tho Thir
y. district of NOrth Carolina. basbcsa rcquss
!" "a 10 resign. His successor not YET bsuie'
Wheeler we.iupposs. ~ 80
| 4 am ##@G ss#@s~-.e--s.avs-@- y
WAsHrSgToS. JaEe i3.-At,orpe.
10 General Deyens has written sharp let,
IL 10 District Judge Ilick. Of North CarOlinl
"a The Aiiornsy. General desires 70 kno
N bow fraudulent papers pass through =
court? Thisas sspRpossd, q, refer 70 1
~ youshors 10 bapk 70 which ihe. clerk of d
ID eourt. n is alleged, certified hthdasits.a
as fha Psns.op \ gsney fOr vifgivia, Nor'
:. Carolina. West Virginia and Tenne~sa