Southern post. (Macon, Ga.) 1837-18??, December 09, 1837, Image 3

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i;y uni EXPiiKsslmL EXTRACTS FROjI THR mj co Emm m bssass, Jj liven l before (he lwo Houses of Congress, at the com mencement of the Second Session of the Ticenty-fjih C-mgrrss, on Tuesday list. Ties document was received in this city, last evening, by the Express Mail —and we hasten to give as much of the more important part of it os our limits will allow. It seem - , by the Message, that the condition of For eig 1 relations has received no material change since the last annual Message. The prospect of an amicable ad justment of the difficulties with the Government of Mex ican very uncertain ; concerning which the President remarks, after detailing the difficulties, that— Not perceiving in what manner any of the powers given to the Executive alone, could be farther usefully employed i:i bringing this unfortunate controversy to a satisfactory termination, the subject was by my predeces sor refer’d to Coturress,as one calling for its interposition. In accordance with the clearly understood wishes of the Legislature, another and formal demand for satisfaction has been made upon the Mexican Government, with what .success the documents now communicated wall sh nv. (J 1 a careful and deliberate examination of their contents, and considering the spirit manifested by the Mexico 1 Government, it has become my painful duty to return the subject, as it now stands, to Congress, to whom it belongs, to decide upon the time, the mode, and the measure of redress. Whatever may be your decision, it shall be faithfully executed,—confident that it will be charac'fcrl ted by that moderation and justice which will, I trusg under all circumstances, govern the councils of our country. The balance in the Treasury on the Ist day of Janua ry* P33<, was $15,958,533. The receipts during the pre sent year from ail sources, including the amount of Trea : sur / notes issued, are estimated at $23,499,981, constitu- j hug an aggregate oi $69,-16 8,504. Os f his amount, about i §35,231,351 will have been expended at the end of the i year on appropriations made by Congress; and the res idue, amounting to §31,187,113 will be the nominal bal ance in the Treasury on the Is! of January next. But j ol that sum, only §1,085,198 is considered ns immediately ava 'able tor, arid applicable to, public purposes. Those par io !-• of it will be for some time unavailable, consists 1 ♦third'/ of sums deposited with the States, anti due from t!u: i inner deposite banks. The do ails upon this sub jec we; be found m the annual report of the Secretary of th : j I’ivas try. The amount of Treasury notes, which it wi ! oimie - «nry to issue during the year on account of t.'io-n iuud- beingunavailable, will, it it supposed, not , v 1 1 *oiir an il! hah millions. It seemed proper,in On eiditi >n of the countrv, to have the estimates on all smo, - v - ■ c;do as low as practicable, without prejudice I ,' ■§l ililicmeasures. The Departments were, 1 to prepare their esfi nat< s acc< rdingly, td < am i■; :iv to tmd /hat they have been able to grad m» o ueui o.i s i erono.uucal a scale. In the great and open unm.ncv. *J d.i/iuatious to which the revenue is subjected, it is not possible to compute the receipts he ioreiiu nd witji great cermiufy; but hiouldkhey not differ e sen'.Civ lro.n present anticipations, and should the l) p . I- . ;j, > ; l IM' |;]'ich c\Y ’o!' ! the no diHi eiii-ysticm i likely to ho noon in defraying the current ex- j ponses w.di promptitude and ndelitv. •Aot w.‘;i e:i;m.ng the g;eat u.al.arnr-smcn’s which .rn/e reeendy occur yd in crirner; ial affairs, and the | :i '*nj. idulg< n:e w i ch, in consequence ot these etn b irrassmoiits, has been ex-ended to both the merchants ■ i .id Lie hanks, itis gru ifvingto be able to anticipate -d - - 'ho 1 1 oasury .notes, which have e.e<. n issued during tne pro it v« ir,! o redeemed, and that the resour-! ' • • resort to 1 •nos <»r in '* f *’ 1 - - ■• ■ 1 : wo a : 11 a. fiir tlcfi'iyitig all Cilur go-- ynppse ! o i if during 1833. . lon k-p >ri <u tho Secretary of the Tren«nrv, will as -11;.. ■. , u a, ni vc mmu'c cxo-jaiiinn of all matters con nect* ul wi.u i adrmntsfra:ian of the fi mnees during tie current vv jr; a nerhrl which, for the amount.of pub iic aioiievi (fsiiur-V' I n> l <]<m >~utcd wi"u the States, ns i ' vo ‘l ‘''j i.'h* huantial <• ri rallies encountered and over-* * in on ... \ our was, fit the iast session, invited to the i!c-n-n»i.v ! ; 1 auditional letrslativc provisions in respect | • *‘ 3 ' ‘ 'ec b safe-keeping, and transit rof the pub lic nunev. Ao. law huviug hr m t):e 1 matured, and u l< >r finding the proceedings of Congress as in tt*.i am ?j on ft ltd, ala •comes my duty again to biiuy tue sub v to your nohee. On tint occasion three mofea of perform ‘W •> branch of the public service were pre scate] for consideration. These were, the creation oi u National Bank ; the revival, with 1:10 hheaponn, of the denositcsystem establish ed by the act of the 23 1 of June, IS3O, per lintiiiifjr tiie use of the public moneys by the barks; anti the discontinuance of the use of. nwh institutions for the purpose referred to, v 'do suitable provisions for their accomplish- 1 -iv.it through the agency of public officers.— Tousiuorin" the opinions of both Houses of ‘ onrrress on the two first, propositions as ex ]ire isc 1 in the negative, in which I entirely con fir, it is unnecessary forme a pain to recur to them. In respect to the last, you have had an opportunity since your adjournment, not only to te st, still farther the expediency of the meas ure, by liie continue 1 practical operation of such parts of it as are now in force, but also to discover, what should ever he sought for and • oyarde 1 w'th the utmost deference—the opin ions and wishes of the people. The national wT is the supreme law of the Republic, and on a'! subjects within the limits of his constitution a powers, should lx; faithfully obeyed by the nub.a* servant. Since the measure in ques t' vi was submitted to your consideration, most “! you have enjoyed the advantage of perso nal communication with your constituents.— Tor one State only has an election been held tor the Federal Government; hot the early day at which it took place, deprives the meas ure under consideration of much of the sup port it might otherwise hav<? derived from the result. Local elections for State officers have, however, been held in several of the States, at which the expediency of the plan proposed by the Executive has been more or less discussed. You will, I am confident, yield to their results the respect due to every expression of the pub lic \ oice. Desiring, however, to arrive at truth and a just view of the subject in all its bearings, you will at the same time remember, that ques tions of far deeper and more immediate local interest, than the fiscal plans of the National Treasury, were involved in those elections. — Above all, we cannot overlook the striking fact that there were at the time in those States more than one hundred and sixty millions of bank capital, of which large portions were subject to actual forfeiture—other large portions up held only by special and limited legislative in dulgences—and most of it, if not all, to a greater or lesser extent, dependant for a con tinuance of its corporate existence upon the will of the State Legislatures to be then chos en. Apprised of this circumstance, you will judge, whether it is not most probable that the peculiar condition of that vast interest in these respects, the extent to wich it has been spread through all the ramifications of society, its di rect connection with the then pending elections, and the feelings it was calculated to infuse into the canvass, have exercised afar greater influ ence over the result, than any widen* could posi blv have been produced by a conflict of opin ion* in respect to a question in the administra tion of the General Government, more remote and far less important in its bearings upon that interest. -1 have found no reason to change rev own • opinion as to the expediency of adopting the system proposed, being perfectly satisfied tuat | there will be neither stability nor safety, either in the fiscal affairs of the Government, or in the pecuniary transactions of individuals and corporations, so long as a connection exists be tween them, which like the past, offers such I strong inducements to make them the subjects or political agitation. Indeed, lam more than ever convinced of the dangers to whicii the free land unbiassed exercise of political opinion— I the only sure foundation and safeguard of re publican government —would be exposed by any further increase of the already overgrown influence of corporate authorities. I cannot therefore, consistently wit!i my views of duty advise a renewel of a connection which circum stances have dissolved. The discontinuance of the use of State banks for fiscal purposes ought not to be re yarded as a measure of hostility toward those | institutions. Banks, properly established and conducted, are highly useful to the business of the country, an 1 will doubtless continue to ex ist in tiie States, so long as they co fb ni io their laws, and are found to be safe and bene ficial. How they should be created, what pri vileges they should enjoy, under what respon sibilities they should act, and to what re-.fric tions they should he subject, are question-; which, as I observed on a previous occasion, belong to the States to decide. Upon the r rights, or the exercise of them, the General Government can have no motive to c.ueroa ■ i, Its duty toward them is well performed, when it refrains from legislating for their special benefit, because such legislation would violate the spirit of the Constitution, and be unjust to other interests ; when it takes no steps to iin pa re their usefulness, but so manages its own affairs as to make it the interest of those insti tutions to strengthen and imorovc their condi tion for the security and welfare of the com munity at large. They have no right to insist oil a connection with the Federal Government, nor on the use of the public money for their own benefit. The object of the measure un der consideration is, to avoid for the future a compulsory connection of this kind. It pro poses to place the General Government, in re gard to the essential points of the collection, safe-keeping and transfer of the public money, in a situation which shall relieve it from all de pcndance on the will of irresponsible individu als or corporations ; to withdraw those moneys from the uses of private trade, and confide thorn to agents constitutionally selected and coMruled bylaw; to abstain from improper! interference with the industry of the people, j and withhold inducements to improvident deal ings on the part of individuals; to give stabili ty to the concerns of the Treasury; to pre serve the measures of the Government from the unavoidable reproaches that flow from such a connection, and the banks themselves : from the injurious effects of a supposed par t icipation in the political conflicts of the day, •from which they will otherwise find it difficult o escape. These are my views upon this important subject: formed after careful reflection, and with no desire but to arrive at what is most likely to promote the public interest. They are now, as they were before, submitted with unfeigned deference for the opinions of others. It was hardly to be hoped that changes so im portant, on a subject so interesting, could be made without producing a serious diversity of opinion; but so lon** as tiio ,e conflicting views are kept above the influence of individuals of local interests; so long as they pursue only the general good, and are discussed with modera tion and candor, such diversity is a benefit, not an injury. If a majority of Congress see the public welfare in a different light; and more especially if they should be satisfied that the measure proposed would not be acceptable to the people; 1 shall look to their wisdom to sub stitute such as may he more conductive to the one, and more satisfactory to the other, in any event they may confidently rely on my hearty co-operation to the fullest extent which my views ofthe Constitution and my sense olj duty will permit. It is obviously important to this branch of the public service, and to the business and qui et of the country, that the whole subject should in some way be settled and regulated by law ; and, if possible, at your present session. Be sides the plans above referred to, 1 am not aware ibat any one has been suggested, ex cept that of keeping the public money in the State banks in special deposite. This plan is, to some extent, in accordance with the prac tice oft he Government, and with the present arrangement of the Treasury Department; which, except, perhaps, during the operation of the late deposite act, has always been allow ed, even during the existence of a N tionul Bank, to make a temporary use of the Brute banks, in particular places, for the safe keep ing of portions of the revenue. This deere tiouary power might be continued, ifCongress deem it desirable, whatever general system may be adopted. So long as tne connection is voluntary, wc need perhaps anticipate few of those difficulties, and little ol’ that depen dence, on tne banks, which must attend every such connection when compulsory in its na ture, and when so arranged as to make the banks a fixed part ofthe machinery of Gov eminent. It is undoubtedly in the power of Congress so to regulate and guard it as to pre vent tiie public money from being applied to tne use, or intermingled with the ail* firs, of in lividu ds. Tails arranged, although it would not give to tne Government that entire control over its own funds which 1 desire to secure to it by the plan 1 have proposed, it would, it must bo admitted, in a great degree, ccomplish one ofthe objects which has recotn- • landed that plan to my judgment—the separ • i’on oft lie fiscal concerns of the Government from those of nd:vidua’. 3 or corporations.— With these observations, I recommended the whole matter to your dispassionate reflection : coefidenilv hoping that some conclusion may be readied by your deliberations, which, on :o one 'land, si roll give safety and stability to the 'i cal operations of the Government, and he co isistei.t on the o‘her, with the genius of our i !st:tutio*v;. an ’ with interests and wishes of the great mass of our constituents. _• , c statements here fellow in relation to the Na tion::! Hank, her charter, &.e. The Pro • 1 (:iV tlio.ii proceeds to remark, at length, conce’ningthe public lands. He also hints the neces sityof enlarging the regular forces —which subject is referred to the report of the Secretary of War. Thence to the plan for the removal of the ludiaus—the navy— the Post-Office Department—the revenue—steam-boat casualties, and the affairs of the District of Columbia— which, from its peculiar situation, governed entirely by the laws of Congress, has suffered for the want of prop er legislation. &CT Governor Gilmer does not approve of the resolu tion, which has passed both Houses of the Legislature, to authorize the Centra! Bank to raise, by loan, #150,- 000, for the purpose of meeting the dividends which have been declared by the Directors of the Bank. The objections are briefly thus : Tiie law by which the Central Bank was created, determines the extent of the authority of its Directors. That law cannot be altered, nor the powers conferred by it upon the Di rectors, lessened or increased by a Resolu tion of the Legislature. The law in pointing out the duties of the Di rectors of the Central Bank, as special Agents of the State, grants them no power to Ixrrow money. It appears to me therefore to he in consistent with the principles of Legislation, to attempt by Resolution, to give them that au thority. By the Constitution, all Bills for raising rev cntic, or appropriating money, must originate in the House of Representatives, and be read three times, on three several days in each Branch ofthe General Assembly. ftCT A MU to authorize Limited Partnerships has pas sed the lower House of the Alabama Legislature. - » OCT It is probable that the Bank convention, in New York, will not fix upon any slated time for the resum tion of specie payments. C O A C II WARE- HOUSE. "VIMRIGLEY Sl HART, (opposite comer to AVasli • * ington Hall,) have *.n hand a large assortment of Saddlery, Harness, Hardware, Carriaue-Furm tuke, *scc. —ALSO Carriages, Barouches, Bugjys, Gigs, Tilhurys, Sid neys, and Fancy Wagons. J,Vj“ Vehicles of ail kinds, of tiie lu st ma eriais, manufactured to order. Macon, December 9 7 i lATS! IT ATS!! H ATS!! r - '^Jjf^gp GEORGE A. KIMBERLY HAS now on hand a very large assortment of Hats and Cass, most of which are manufactured by j liiniself expressly for retailing, and are warranted to -bo superior to any he has ever before offered, and at pri ces corresponding with the times. | Among his assortment may he found super Black 'and Dmb Beaver Hats, of the laiest fashion ; super iblack Hats, with wide and medium brims, ofthe latest j fashion ; black and drab smooth Beaver Ha sos every 'variety of shape and style ; satin bea\er Hats ofsune [ rior quality, warranted extra fine fur bodies. Youths’ satin beaver Ha s, extra fine ; Youths’ hoover Hate, a large assortment. Also, a large assortment ot I 'ur Caps, some of which are very nue, toge.her with every artic.e usually kept in a regular Hat store —all of w hicn are offered on as good terms as can be purchased of anv manfacturer in the Unfed S a es. (K l r Gentlemen about treating themselves to a NEW HAT will do weii to call. At Cost, a few ladies’ Fur Capes, Pelerines, Muffs and Ruffs. Dect be 9 7 I’. F. LEWIS, FASHIONABLE MERCHANT TAILOR, ON COTTON-AVENUE, T HERE gentlemen nm fie accommodated with w v subs made to order, on the shortest notice, and ofthe bet material of English and French Goods—and of the most recent style. Also, a fine assortment ofthe besi. Ready-Made Clothing of every description, com mon in his business. Citizens and tra isietit persons, b> giving him a call, will find a choice selection of Fan cy Articles. A ii, UNi FORMS made to order in the best and la test style, and good materials. Good workmen are employed, and all orders will be strictly and punctually attended to. Wanted. —Two Journeymen Tailors, to whom lib eral wages uad steady employ will be given. December 9 7 PROSPECTUS f jtOR publishing a Monthly Jit eiew of the Macon Mar -B kef, to continence on flu Dt of January, 1839. It will be printed in Let er form ; —the first number will lie issued on die first of next month (January.) Giving the Receipts of Cotton for the month, and season; the Stock of Colton on hand —camparing the same with the past season ; the S. ick of Cotton as reported iti the va r’ous Cotton mars; prices of Cotton in Macon, and ! /her markets of the United S ; es, Liverpool and Ha ir re—with such statistics as would he useful or interest ing in regard to 'he staple of Cjtton ; current rates of Freights from Macon ; rates of Exchange —and a Re view of the market gene railt. Terms—Five dollars for the season, in advance. December 9 C. A. HIGGINS, Editor. G. C. McNIELL IS now receiving, at 'be store in Messrs. Rea &, Cot ton’s Fire Proof buildings, Commerce-Row, an ex tetisive and carefully selected Stock of Fancy and Sta ple Dry Goods, Ready-Made Clothlyg, &c. Among other things will be found, Silks, Satina and Satin Reps, English, French and Grodenap Merinos ; French and English, Swiss and Scotch worked and embroidered Capes and Collars of various stvles; Mus lins, Lawns, Linr.ens, Diapers, Carpetings, Prints, Ho isery, Shawls, Bonnetts, V eils, &c., with' other articles usually kept in a Dry Goods Store—all of which will be sold on good terms. December 9 7 For Sa?e. VIT OOD lots of Oak and Hickory Land, a few miles * from Macon. Also a FARM of one hundred acres in a good con dition, for planting, three and a half miles from town. Dec. 2. 6 Apply to JAS. A. NISBET. DICKINSON & WARE Hum sot at their Store, under the Central Hotel, SUGARS, Coffee and Teas Salt, Iron and N >iis Rurn, G: i and Whiskey Holland Gin and Comae Brandy An aosor’ment of Cordials A superior article of VI ilnsses Madeira, Sicily Madeira and Port Wines Sugar and Butter Crackers Hard-ware. Crockery-ware and Stone-ware Hemp Bagging Guotiey Bar ring, anew article, 43 inches wide., With every article usirdV kept in a Grocery Store. A general assortment of DRY GOODS. And also, are coP a tanflv receiving large and fresh supplies of Family Groceries, Liquors, dec. which are offered favorably for cash. December 9 . 7 NEW HOOKS ! IIFG of Aaron Burr, cownlete. J Ernes* Mabravers hv Bulwer. Black Chief, by John T. Irving, and Janet Hamilton. For sale hv GRIFFIN &. PURSE. December 1 G