The Hickory nut and Upson vigil. (Thomaston, Ga.) 1833-1834, March 05, 1834, Image 2

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n.eiit, of removing to a country, far better suited to their habits and pursuits.— Of,one tiling at least, we feel confident $. that however restless the Indians might he; whatever steps there counsellors might devise-—whatever interest, Wilde, Webster, Fielmghuysen Ilenry Clay and the Supreme Court might take in the matter, the officers appointed by the state, and charged with the execution of her laws, would under no circumstances be instrumental in con tinuing old difficulties or raising irp new ones ; but ni this we have been sadly disappointed bv recent intelligence from that country* A hill of injunction drawn up at the instance of Walter Adair and John T. Adair, charging that they are natives of the Cherokee nation of Indians, and asserting the Cherokees to be an independent nation, has been sanctioned and served upon Win. G. Springer Esq. the states agent, for the purpose of restraining him from executing an important act of the last'legisla ture, whereby many good citizens who are en titled to grants for their lauds, will be kept out of possession, and excluded from all the benefits intended by the act m question. lltu the evil will not stop here. If the states’ agent is to be arrested in the discharge of fiis duties, because the Cherokees are a sovereign .nation, every individual who has drawn or pur chased laud in that territory, may expect a sim ilar process against himself in behalf of some sovereign chUrvkee who may please to set tip his c aim. It is time for the people so look to their interests —to vindicate their rights, and stand by, and support those, who are willing to execute the laws. ‘idle Judge may grant injunctions—lie may make decrees, —lie may semi out attachments for contempts.—he may imprison our citizens— if he can ; but there is a spirit among the white itien of Georgia, that will look down Judge Hooper and his Indian injunction : The Execu tive will do his duty, and the people will sustain him. He will maintain their rights with firm ness and independence—and they will stand by him with strength and spirit, REMOVAL .OF THE DEPOSITS. Tins subject is the all absorbing topic of the day, and if it dues not teach people the necessi ty of having at the head of affairs a man who has seme knowledge of the principles of politi cal economy, they will deserve all the suffering which will have been inflicted by the conduct of the President, (t is established beyond all dispute, that the pecuniary distress which com menced in October, and which is every day more and more extending itself to- the working classes from the loss of employment,, has not yet reached its height, nod indeed no one can tell to what degree of intensity it may yet he carried. There arc elements yet to he brought into play for increasing its force, to which the public attention has not yet been drawn, and as these may.be powerful in their effect, we will briefly allude to them. It was once remarked by Mr. Gorham, of Boston, in the House of Representatives, that “ the barometer of the currency of the United States was hanging up in the Stock Exchange of London.” This was true, and it is equally true, that the barometer of the currency -cf ■Great Britain is this day hanging up in the Re presentative Chamber at Washington. The commercial ami pecuniary transactions of Great Britain and the United States, are so intimately’ blended together, their systems of paper credits are so closely connected, that it ts impossible that one country can experience an extensive change iti its money concerns, without its being seriously felt by the other. This arises from ilie well known sympathy which exists between the paper currencies of two different countries, •by winch, when one expands the other expands, when one contracts, the other contracts. Os this sympathy, we have abundant evidence be fore our eyes in the operations of the currencies of our different cities. When the banks of Boston, or of Mow York, or of Philadelphia, or of Baltimotc expand, an opening is afforded for thosead the other cities also to expand, and when all unite in an expansion, a facility is thereby afforded for all the other banks in the country to follow the example, which they nev er fad to do. If the United States were sur rounded by a wail, so that no gold or silver could go out, the extent to which a general ex pansion might be carried, under certain states oontklence, would be almost without limits. But as it is, the expansibility is limited by the liability of the precious metals to be exported, which causes the notes to return upon the banks for payment. Still, however, it may be seen, that this liability is dependant upon the degree of expansion which prevails at the tune in Eng land, anti'this fact proves the existence of the sympathy we have referred to. This matter will be very plain to the reader, if ho will attend to the cause which gives rise to the power of expansion.. That pause is public confidence in the ability of those who issue pro mises to pay , to redeem their pledge. If it was not that a man to whom a bank note was offer ed instead of coin, believed that the note would be paid on presentation at the bank, and that every body else to whom “he might wish to pass it, believed so too, he would not veceive it in payment, and bank notes therefore could not circulate at their nominal value. It is said that -when -the Bank of North America was first es tablished hi this city, during the revolutionary war, it was found so difficult for those who wished to introduce its notes into circulation, to get the country people to take them, that they were obliged to go with them to the bank with their checks, in order to show them the coin spread out upon the counter. Now any one can see, that just m proportion as people can be made to ivdieve that paper is as good as coin, just in that degree does there exist the power of bank expansion. And on the other hand, it is just as easily seen that as this belief is with drawn, just in that proportion must there be a scarcity of currency, owing to the return of the notes for payment. As every expansion of currency is necessarily accompanied by a rise in the prices of every species of property, so is every contraction of it accompanied by a decline of prices. This effect wc have seen on this side of the water, in reference to cotton, ricq, tobacco, flour, grain, provisions, and other articles of agricultural produce, real estate, stocks arid every other species of property. Time has not yet been afforded for a developement on the other side of the water. The currency of the United States having been rendered belter than the currency of England, as is proved by the rate of exchange being seven per cent, below real par, a demand will lx* made upon the currency of England for coin for exportation, which will occasion a ne cessity for the contraction of her paper curren cy, This contraction will necessarily occasion a fall in the prices of American productions m her market which will react upon our own, find bring down our prices lower than they are, and although the prices of her own productions, manufactures,-&c. will also he reduced, yet they will not he brought to this country, because that fall has already been preceded by one jti the U. States, which would render their importation a losing business. When we view the question in all its bear ings, we are quite sure that a wound has been inflicted upon the prosperity of the country, which will entail upon it years of suffering, and which has only been equalled by the wound in flicted upon the liberties of the country by the same hand, through the Proclamation of the lOth of December, 1832. The United States, ever since the formation of the government, have profited immensely hy the credit they have enjoyed abroad, a credit having its foundation in the confidence entertained in Europe in the permanency of our institutions. That that con fidence will be shaken to its very foundation, is too universally believed, to require arguments lo support it, and we greatly fear that nothing can be done by Congress that can reinstate mat ters in the position in which they were found at first of October last, whilst we are perfectly sat isfied, that every moment’s delay adds to the misery which the actun! posture of affairs is dai ly accumulating, and which, before it termi nates, must be felt from Maine to Louisiana. Phil. Examiner. from tho Southern Recorder. The question, in regard to the propriety of restoring and continuing the public deposites in the U. States Bank, seems to divide those, who. on most other matters, think and act together. Our own delegation, it is said, will be divide 1 on this question, the majority oftheState Rights members voting for their restoration. We most sincerely regret, that the usurpa tions of the admimstiation, and the restoration of the deposites, cannot by our friends be discon nected. They are as perfectly distinct, as the Ist and 2d propositions of Euclid are fromtac. other. Principle is the basis of the one, expe diency, without regard to principle, the other. The Executive lins usurped the power of Con gress, and has attempted to possess himself of the Treasury of the country, and this too, in obvious contradiction to the will of those to whom is alone coufided the money of the people. For this he should be condemned, emphatically— and such measures adopted by Congress, as to put to rest for ever, all contest as to the future controle of the public treasury. This the safety of the country demands, and this the friends of the country will not neglect. But another point arises. In putting our veto upon one evil, shall we in the same act, no urisli and foster another 1 Why should we do soj The U. S. Bank, is considered by the State Rights party, not only unconstitutional, but i? most dangerous institution in this country, from its practical effects. Why should we, to reme dy one evil, which maybe remedied in another way, encourage evils equal in enormity, and quite as dangerous in its consequences? We confess ourselves unequal to answer tho query. And here our attention is called, (to what in- deed we had in our eye, when we commenced tins article,) the public meeting had upon this subject, in Augusta, on the 15th inst., and our remarks will be confined to only one resolution of that body. The Resolution offered, was the following: “ Resolved , 2d. That in the opinion of this meeting the friendly relations between the Go vernment and the Bank of the United States, should he restored, and the publtc funds here after deposited in that institution : a step requir ed by the public faith, pledged to that Bank in its charter, and demanded by public interest.” This resolution, we are informed, was oppos ed by A. FI. Pemberton, Esq.—his remarks we have not seen, but may, perhaps, without ego tism, suppose them to have been based on the natural train of reflection, in which we have our selves engaged. To this, Judge Longstreet res ponded, by offering for the first, which we be lieve in all conscience, to have been rapid enough in its conclusion, an exhihrated substi tute, recommending an immediate restoration of the deposites to the Bank of the- United States, as a matter of duty on the part of Congress, im posed by the terms of the Bank charter. Were there no other reason, than consistency alone, we should, as advocates of a common cause, with these gentlemen, be found shoulder to shoulder, with the Editor of the Chronicle, on the point at issue. Putting aside all the mis chiefs of the Bank, let us notice the only reason assigned by the Judge for a restoration of the deposites. “Itis a matter of duty, on the part of Congress, imposed by the terms of the Bank Charter.” But does not our friend remember, that the State Rigls party consider the Charier unconstitutional! If unconstitutional , by the Judge’s own creed, null and void, and creating no obligation on the government or the people to execute it. Our friend will be at no loss to remember, tlmt this same cry of government guarantee has been sounded in every manufac turing district in the United States ; that the in vestment of capital has been bassed, as they say, upon the public faith : but to all this, the South and the whole State Rights party have ever re plied* “ the very fact that you have been protec ted unconstitutionally, should have taught you, that the whole moral patriotism of the country, will cry aloud “and spare not,” until IhatCon strtution is again restored, by your being con stitutionally left wrt-protected.” If then the Bank Charter ts unconstitutional, the whole rea son for the restoration of the deposites, urged by our friend, is at once, we eonceice, dissolved; for be, we know, will not contend for the obli gation of Unconstitutional enactments.’ From the U. S. Telegraph. fUWPORTAtIOiNS OF SPECIE. The Globe and its affiliated presses are re joicing irt the importation of specie, and sup pose that it indicates the approach of relief to the commercial anjl banking interests. This shows lmw ignorant they arc of the a—b—c of finance. Such is the identity between the mo netary system of England and this country, that whatever endangers the currency of one, de ranges that of the other. The currency of England, as well as that of the United States, is paper, restiug on a metallic basis. Whenev er the one or the other imports specie, it is a proof that the condition of the currency is such as lo require more specie to sustain it. Spe cie being the basis of the paper currency of both countries, whenever either loses confidence m the ability of their banks to redeem their notes in specie, the consequent panic creates the ne cessity of providing a larger amount of specie to represent the payer in circulation, and the ex portation of specie necessarily diminishes the amount of paper m circulation. Thus if we diminish the amount of specie in England, by importing specie instead of mer chandize from England, we diminish the cur rency of England, to the extent of the contrac tion of her currency, consequent upon her loss of specie—and as we depend upon the curren cy of England for the purchase of our surplus produce, it follows that any state or things which compels our merchants to import specie from England, diminishes the prices of our produce in England, by creating a contraction iof our currency. Hence it follows that, as England is the great mart for our staples, the importation of specie from that country to this, is an evidence of a ruinous condition of our trade with Unit country. But tlnsis not all—such a state of tlii; re acts upon both countries—diminishes prices here, reducing prices in England, and diminish :shed prices in England reducing the prices in this country. Thus a constant series of re-ac tions, spreading ruin and desolation in both countries, over all the interests connected with the commerce between therm Correspondence of the Boston Atlas. W ashingtoe, Jan. 27th. The new Senator from South Carolina, Ims exceeded I believe, the expectations of almost all. His personal appearance, as well as the few remarks which he has heretofore made were indeed much in favor; but they by no means fully indicated the power which he has now shown himself to possess. llis red hair, with a slight touch of the orange, is so set upon his hem! that it might be mistaken for a scratch, which from two or three pulls that he appeared to give it, might have been supposen to he a lit tle disordered: but there could not be a doubt that it was his own genuine hair. Ilis head is well formed, though without anything unusual, His forehead is square, and prominent at the corners, hot about the ordinary magnitude. FI is eyes are small, inclining to dark, and in dicative of considerable passion, which was so manifest in his performance. FI is nose is ■of the Greecian cast, and the lower pan of his face, though a little more than proportionally long, j is still highly expressive of taste, feeling and! refinement. His cheek hones, of the aboriginal so'nip. though not large, project much more than usual. His features would, on the whole, be called regular, though there are many ap proaches towards irregulnrity. Ilis shoulders are large and broad, as well as the upper part of h : s chest, which then tapers off jnto one of the finest forms m the country. lam thus minute, because his personal appearance has not a lit tle to do with the effect of his eloquence. When he began, he had only an ordinary audience; but rutnot, so busy elsewhere, very soon mustered the whole available fund of hearers that were to be found in the capitol; and <t w'Hild seem it must have gone to the city, for the hall was in a very short tune full. Mr. Preston was apparently somewhat embarrassed, either by anxiety or effort of thought ; his fore head continued a good deal wrinkled, and tliere was now and then a sudden motion, which evi dently arose from something else than the nat ural current of his thoughts on the subject. Yet he performed liis part well; and the excite ment in the audience could be suppressed only by an order to clear the galleries, which was however revoked. On the second day, the hall was at once crowded and more than full; the forehead of the speaker was cleared up, every improper or irrelevant motion or gesture was absent, and ye were presented with the most perfect specimen of parlinmentrry eloquence that I have ever witnessed. My own sensations often extended to the very ends of my fingers, and the whole audience exhibited the unequiv ocal indications, not of a deep and fixed, but of a living and moving attention. Mr. Preston, by his first attempt, has planted his foot on the floor of the Senate, till, he re signs or dies, or steps to a higher station. He has done far more than this; he has placed himself side by side with*the three first men in Congrass, whom he will be able to compete with on some, and on others to excel. The four can hadly be compared with each other; one is possessed of that tremendous power of intellect, that wherever it can move the minds’ of others, it fastens them forever, andachieves ts conquests, without the danger of losing them ; auother makes such a skilful or masterly use of logical power, produdEs so disastrous a break ing up of preconceived opinions, as almost to make sceptics of those he convinces ; the ingen ious and adventurous spirit of a third, leads the way into untried and unknown regions of tho’t, and nemo me impune laccssit, is written on las practice, though not bn his person or mariners; the fourth will wear the laurels of pure, classic, and animating eloquence. It thus appears that South Carolina has a moiety of the highest parliamentary talent in tlie country ; not a State can compete with her ex cept Massachusetts, and even she must yield the hays on the point of parliamentary elo quence. If the doctrines of South Carolina are not to succeed, it will not be for the want of com petent advocates. Mr. Preston’s success, however, cannot be ascribed to his style and manner alone. He presented a threadbare subject in an aspect new and interesting. He took hold of tiro bank, which Colonel Benton bad got down and trampled in the mud, and hy a happy, and doubtless a well-founded prediction, lie sum moned to the rescue of the injured victim, the whole South in a mass, though heretofore hos tile, to lay hold of it, foul and weltering and bloody as it might be, and raise it to a high ren ovated and vigorous existence. WELL DOIN’E OHIO. We copy the folllowing spirited call from the Muskitigham Messenger; where it appears under the signature of a large number of the most respectable citizens of a co> . ?y. The ball is/n motion, at:;.’ revolutions do not go backward. Well do::-: Ohio—well done democrats of Muskingum— U. *B. Tel. TO THE PEOPLE, The Democracy of Muskingum, the Friends of State Rights and State Sovereignty. Fellow-Citizens : You are hereby invited to meet at the Cot*rt House in Zanesville, at the hour of 1 o’clock, P. M. on Saturday the 22d day of February next —the anniversary of Washington’s birth day—for the purpose of appointing a County Corresponding Committee for the ensuing year, and for such other purposes as may he deemed necessary for the proper organization of the Democratic party, and the furtherance of the principles we support. We have arrived at the crisis in the affairs of our country which calls for primary assembla ges of the people, public expression and public aclion. We have said that it is too soon to agitate the Presidential question. We believe so still, but the office-holders have broken the ground.— The remarkable concert in which they have moved leaves no doubt of the existence of a combination forthe purpose of continuing them selves in office, how obnoxious soever they may he to the public. Ft now remains for the PEO PLE to organize themselves in defence of their rights arid principles. The interference of government office-hold ers in the politics and elections of the country has not only been deprecated in the strongest terms by our present Chief Magistrate, hut the lenerated Jefferson has distinctly inculcated the opinion, that, if unrestrained, its tendency would be an absorption of the political power of the people in t&e patronage of the General Govern ment; the immediate consequence of which would be consolidation ; and the inevitable is sue of consolidation would be monarchy. Are you ready for consequences like these?— Our only safety is to preserve entire and unim paired the RIGHTS and the SOVEREIGNTY of the States. From tlio Phil. U, S. Gazette. A BULL ‘CHASE. Yesterday afternoon between 5 and 6 o’cjck, the sober inhabitants of Chesnul street were star tled with a general outcry of “ clear the road” —“ there he cpmes,” and on looking, shure enough he did come. A bull or an ox, about three years old, had taken upon himself the re sponsibility of promenading Chesnut street with out an attendant, and lie made clear work of it as far as he went. Near Fifth street the cloak of a gentleman, blowing out into the wind, at tracted the attention of the animal, and he flew at it with.a single grace. The owner slipped the fastening, and left the garment. After a single toss of the affair the bull pursued his way downward, but was soon attracted by the come ly appearance of a black man breaking coal.— The beast rushed upon the heap, making a glo rious clattering with lus hoofs. The regular coal breaker, not relishing a partnership in his business, dropped his hammer and withdrew from the concern. By this time, the shoutings of the citizens had infused anew fire into the veins of the bull, and he’ took up his line of march at a rapid rate. Hurrah, shouted the boys —“there he comes,” said a wotri&ji—and on went the bull, bellowing like a rearing liti.n, pee ling it down the street like a streak of lightning, his tail cocked right into the air like a flag staff, and bis head flying about like n politician’s looking for the strongest side. Arrived at the brow ofthe hill at Front street, his coming was discovered by the unroerous persons on board th-e steam boat at Chesnut street wharf. “ What’s that?” shouted one. “ Ft’s the veto,” replied auother, “ Stop him!” they all shouted; and they for med a bold front, to keep such on invasion from the deck of the steamboat. Meantime the animal came down the hill with a marvellous velocity—wheelbarrows and hand barrows were scattered like dust from his path —nothing obstructed hiscourse—away lie went at full speed, over ropes and hawsers, stretched along to’fasten the steamboat—high above every let and hindrance, he cleared the whole at a single leap, and struck the Delaware, sixteen feet from tile wharf. Landsmen and watermen, fishermen and butchers, then betook themselves to the boats to catch the handsome beast, —Jove himself never took ajpore beautiful form,—but all exertions were fruitless. On he went, mas ter alike of his own pathway, in the water as on the land. He directed his course for Smith’s island, and landed safe, where at the last report he was setting up his rest — “ ibg fowl nod th<? fewis*? New York, Feb, 14. /LATEST FROM EUROPE. By the Packet Ship Poland, Captain Antiib ny, We have received Paris papers to the even ing of Dec. 25th, a London Ship List of the 22d„ and a Havre Price Current of the 24th. In the latest Paris paper we find the London dates b.df a day later than before received. The Poland having sailed ten days after her regular date, the Editors’ files are very deficient. -This renders more valuable the kindness of Capt. A. in furnishing us with the above papers. In the sitting on the Second Chamber, of the States General at the Hague, on the 19th Dee., a Ministerial Bill, requiring, upwards of tfro millions lo cover the deficit of ‘1833, was rejec ted by a majority of 24 against ID. Paris, Dec. 24. The Council General of Commerce has negatived the application made to it to take oft the interdiction against the in troduction of Egyptian cotton hy land. Havre, Dec. 22. —“ The westerly winds that have constantly prevailed for the last six weeks have kept upwards of filly vessels of different descriptions completely bound in the port, and on the first favorable change, we shall have the sight of a large fleet leaving our harbour. The weather continued very tempestuous throughout last night, the gale blowing at times with very great violence, but this morning, it has subsided, though lire sea continues to roll very heavily.” OPENING OF THE FRENCH CHAMBERS. Paris, Nov. 23.—The extremely unfavorable state of the weather this morning rendered U.j crowd assembled to witness the Royal proces sion from the Tuiienes to the Chamber of De puties, on ihe occasion of the opening of the Legislative Sessions, much less numerous than upon former occasions; but the spectacle m the windows and other places u Inch afforded a shel ter to the curious and commanded a view of the cortege, were in consequence more crowded than we recollect to have seen them. The pas sage for the procession, was, as usual lined by detachments of National Guards and Troops of. the Line. Her Majesty and the Princesses with theirsuites, and escorted, as on similar oc casions, left the Palace m the Royal Carriages a short time previous to the King, who quitn.d the Tuileriea at one o’clock, surrounded hy a numerous staff. His Majesty, owing to the in clemency of she weather, went in a carriage.—• He was received with cries of Vive le L ei! which were frequently repeated by the crowds during his passage to the Chamber. From the Augusta Chronicle. THE DEPOSITE QUESTION Has been put to rest in the Flouse, at least for a time, by a reference ofthe letter ofthe Secre tary ofthe Treasury, containing his reasons for the removal, &c. to the Committee of Wavs and Means. The Previous Qm stion—which was the adoption of Mr. Polk’s motion of Dec. 17th, to the above effect ( excluding the amend ment of Mr. McDuffie, instructing the Commit tee to report a joint Resolution providing that the revenue hereafter collected shall be depos ited in the U. S. Bank ; and also the one of Mr. Jones instructing to inquire into the expediency of depositing said revenue in the State Banks, &c.) —was called for, and sustained, by a ma jority of 4—Messrs. Coffee, Schley, and Wayne, voting in the affirmative, and Messrs. Clayton, Foster, Gamble, Gilmer, Jones, and Wilde, in the negative. The question was then put, on the adoption of Mr. Polk’s motion, and decided in the affirmative, by a majority of 34—Messrs. Coffee, Gilmer, Jones, Schley, and Wayne, vo ting yea , and Messrs. Clayton, Foster, Gamble, and Wilde, nay. —It is thought that the report ofthe Committee will be in favor of the removal. We are mistaken about the question being put to rest in the House, for the present; for, on tho next day, the resolution, submitted by Mr. Mardis, of Aiuboma on the 14th Jan. was called up and modified by him,so as to make it read as follows; and he addressed the Ilcuse in support of it, until the expiration of the hour as signed to the consideration of Resolutions: “ Resolved , That the Committee of Ways and Means be instructed to inquire into die expedi ency of reporting a bill requiring the Secretary ofthe Treasury to deposite the public moneys of the United States in the State Banks; and also, as to the expediency of defining by law, nil contracts hereafter to be made within the Secretary, for the safe-keeping,J management, and disbursement of the same.” Imagine a man in a state of starvation, riio great stretch of fancy at this time) in Washing ton. He goes to Mr. Vanderpoxl, and com plains that he can get no bread. “No bread,’ says Mr. V., “ how you talk—there’s just a* much bread as ever there was —it’s all humbug, sir, humbug!” He goes to Mr. Wilkins, with “ l’ai starving, sir!” “ Starving!” rejoins the wily statesman, “ you are mistaken, lrioiid X’ve just had a most capital dinner, my stom ach is in most admirable condition — you must be dreaming, my good sir!” Tin? suffering man leaves the cunning politician, whos? s * r> ” tr.ach has absorbed Ins bowels, and goes to the hero. “I’m starving, General!”—“ StarvQ and he d — d,” is the consoling reply. — W.TcL The Party from Charleston, whose arrival, on tho Rilti Road, Was expected on Friday evening, camo through in 7h. ISm. running—whole time Dll. 18m.-—stoppages to take in water, in pas sing the Inclined Plane, and to re-attach a por tion of the separated train, 2 hours. They left Cha lesion a f w minutes after 6 o’clock, and arrived hero about The Charleston morn ing papers and letters written that day in Char leston were delivered from the Post Office be fore 4 o’clock. We had been requested to have a handbill form standing ready, with the proper blanks, to announce the particulars of the trip and arrival, and the intended excursion of next day to the Inclined Plane ; but no body dream ing of their arrival here before 6or 7 o’clock, the types had remained much more quiescent in the cases, than the party was on the Rail Road. The distance on the line is 136 miles, so that they moved nearly at the average rate” of 30 per hour. — Cour,