Article clipped from Fayetteville North Carolinian

the NORTH - CAROLINIAN.e, ikoriffidid heryc-r illryw,;h-■n-i»yHitheirei of«eety,lion as a mere “spectre.** In *40, he seems to be afraid that “the sow would swallow up the farrow of pigs*”—anlt;* *a *3$, he was for strengthening the sow, lest the farrow should swallow her up! But why discuss the subject seriously? Gen. Harrison seems to have no great principles to regulate his course.hattenil.**It**isi-toniterardsrs.tolis-aus ru-on-; astngterypa-theitu-i be0 lions ther ici-ons1 of ter-the/«*lue.lingthethehen:ra-e or eral \ his rest ghtsUnited State*’ Bank,This institution seems to be making some decisive movements corresponding with its present condition. Mr. Cowperthwaite, the Cashier has resigued ; the President has relinquished two thousand dollars of his salary, and the number of officers and clerks is tobe reduced one-half. This looks like abandoning the expanding policy, and gives us reason to hope, that whatever the condition of the Bank may be, the best will now be made of it. What is to become of the ten thousand dollar salaries paid for the management of our two hundred thousand dollar branch?We hope our financiers will see.the end ofthe Biddle policy ; its utter unsoundoess andfolly. Endless'expansion is not (he way topay debts, neither do high salaries, and a great display of establishment constitute'* .safe basis of credit. The old fashioned notion Qf keeping your expenses within yo\ir income, is worth all your new schemes of financiering.At one time, Mr. Biddle’s false principles of finance raised hitn high it popular favor. His doctrines proclaimed peace to daring speculators, and temporary etse to all. But the end has been the overthrow of our institutions, and the destruction of almost a whole race of merchants. We have no doubt, takeit all in all, Mr. Biddle has caused the ruinof more business men in ths country, than have been overthrown by all other causes united, for the last twenty years. Yet such was the trust reposed in hfs skill, that men seemed rather to prefer to bekilled by him than to be saved by the old principles of financial practice. He was a tremeidous quack. But truth outlives opinion. Mr. Biddle’s gloryhas departed, and the world is rapidly coming to estimate both “ his heat and his heart” correctly.—Journal nf Comnerce.canistYi, and whose acts are consistent with their professions.Resolved, That we approve of the nomination of Martin Van Burcn for the Presidency, made by the Baltimore convention, and have renewed confidence in his ability and desire to sustain the credit of our country at home, and its high character with foreign powers.Resolved, The we concur in the proposed convention to be held in Raleigh, on the 9thinst., for the purpose of nominating a candidate for the Vice Presidency, and that the chairman appoiut two delegates f«om each district, to attend said convention, and thatthey be pledged to support the Hon. RH. M.JOHNSON.Resolved, That we accord our hearty support to the Hon. R. M. Saunders, the Democratic candidate for Governor, and that we request him to visit and address the citizens of this county previous to the ensuing election.Resolved, That while we approve of thepolitical conduct of our republican Senators and Representatives in Congress, that the Hon. J. J. McKay merits the particular esteem of this meeting, for the ability with which he has supported the interests of his constituents, aud that he be requested to address the citizens of this county at the ensuing August court.Resolved, That we respond to the nomination made by the Republicans of N. Hanover county, of Wm. S. Ashe, Esq., as a candidate for the office of Elector, aud that we will use all honorable exertion in hilt;* support.The following gentlemen were appoiuted delegates :John Melvin,jr.,Esq.,John Sikes,Brown,H. BudCarroll,ConnorCraig,Davis,Doig, IEly, Fibraith,HastingHillen,Hubbar son, Ci VV. Jot ter, Lelt;McClelMarchtgomeryrish, IPickenRives,Rogersbert SShirk w Sweari as, PkTurne«Wage i Hants,124.NAAllen,die, Blt;houn,Carter James Curtis.James Robeson, jr. Duncan Shaw,Daniel M. Shaw, Kinchen Council, Jno. D. Beatty, Esq. James Allen, Esq.,Daniel McDuffie, Owen Smith,Geo. T. Barksdale, J. McKethan, Esq. Shadrach Wooten, Coll. McDougald, W. T. Sutton, Jonah Russ.son,EvansRiceGoggiGriuuingsIHoffoiston,nore than iy atrom-was?oryjOV-has »si iv,llievnr nilrvatisys-?nieuly totheI I t*si most, that been tgna-pur-• pttb-inent neral those ul to i heldv h ie 11 s a nd nl ion. i«? ofvhtchHI18intent •reign con-imch-si the) * *Tnion.rcr of Uates. mi of con-In rife ire ofn tin?FOE TIIE NORTH CARILINIAN. Democratic Meeting In C .inakcrl.net Count jr.At a meeting of a highly respectable portion of the citizens of CumlKiland County, held at the Court House in th; town of Fayetteville, on the 4th iust., Darnel Baker, Ksq. was called to the Chair, and on motion ofDr. Thomas N. Cameron, Dr Needham W. Herring aud A. J. Erambeit, were appointedSecretaries.The object of the meeting keing explained by the Chairman, on motion, a committee of five were appointed, viz: * • N. Cameron,H. L. Holmes, T. L. Hyhart, A. A. McKethan, and D. Gillis, Esq., to nominate a suitable person as Elector, for the 7lh Electoral District.During the absence of the Committee, Mr. Duncan K. McRae, by request, addressed the meeting; uftor whith, the Committee te-ported, and Messrs. Hyhart and Holmes,spoke in an able manner, in behalf of the following resolutions, which were unanimously adopted, viz:Resolve /, As the or this mretin?, t at th*Honoable Lnnchl n B* tl un *, he recommented t thectz n? of N*nh lt;a ole. a, as the Dtmocraii*Elect* r lor th s D str»lt; t.Resolved, That vc e hail with nnaflelt; t d delight the | assas of that £r« at im asun*«»l political s.ite' vOn motion of H. II. Robinson,Resolved, That the thanks of this meeting be tendered its officers for the faithiul performance of their duties.On motion of J. R. Kemp,Resolved, That the proceedings of this meeting be published in the North Catoliniau, and N. C. Standard.BENJ. FITZRANDOEPH,Chairman,Colin monroe,Jas. Robinson, jr., Secretaries.King,MitchN aylo Pope,RaymSta uly Till in derwciD. WWilliiliams.• iand d - ive anc * to the conn ry, th** “In ie; endenlTrca^u y.’ and that we co gr iu ate the Demoera-ry of ihe Union, on its pa~s ge; wenj i e that u is « ur privil *. e to jr claim i s cunsummat on o» tin?, tin; hncored Ann vc-isary ot our iNato i’s In-dependence.Resolved, That the 1 Repnbl can” nv mb rs of the Sei ate. and the House of Re rcsentativ s of Con-«/rrs8 of the United Slat •?, me e:.t tle,! lo th \v:;r*n-* st thank? of ih* ir t-on-t tn« nt-», tor Ihe r fi in and manly * pp« r of llii? *.reat me.i ure.On no t • n of l\ G c, n commMee lt;f thre' \iz: f'o* John Black, Tho-*. L Hyha t, an i Col. Dav d G lh?, were appointed tlt;• cunur wjUi oih r cmimii-te s »hrou_h the Diet*, c-.Or -cr« d tha* the proceedings of this me tin^ be puhhshi-d. The m • tin? tlu-n a journe 1.DA MEL BAKER, Chairman.Nefdiiam. W. Herring, ^ lt;A. J. Ekambfrt,Seer* t ir.es.langeion (if ill, inictintsaruiotshall ds forIahis, t is nierly esent,Iso.—e nc-of the sepa r cant the alism. lee toI, byntple,ilieve,to hu~ eneral5 On-e G«-rr deferent: op-r they tal.— ralist, to be 9eem, ylida-olida-Rcpnblican meeting in Bladen*Pursuant to a short notice, a respectable portion of the Democratic Republican party assembled at the court house iu Elizabethtown, on the 4th inst.On motion of Dr. A. McDowell, Benjamin FitzRandolph, Esq., wa3 called to the chair, aud Colin Monroe and James Robeson appointed Secretaries. The object of the meeting was briefly and pertinently explained by the chairman. On motion a committee of six were appointed to draft resolutions expressive of the seuse of the meeting, viz :Dr. H. H. Robinson, Duncan Shaw,Dr. Alex. McDowell, Durham Lewis, * John McKethan, Esq., Josiafa Russ,Who, after retiring for a short time, reported the following preamble and resolutions:Whereas the extroardinary zeal ot the opponents of the present administration of our general government, as manifested in their unprecedented political manoeuvres-**iu their appeals to the sympathies of the laboring class for “the poor man’s caudidate,” and to the cupidity of the vicious and indolent, by the temptation of “ hard cider ” and strongdrink—in their ridiculous exhibitions of “ log cabins ” in their meetiugs and conventions, and their attempts to enlist recruits thro’.the agency of pompous parades, and the songsatid revelry of bacchaualian riot—iu the coalition of the southern slaveholder .with the northern abolitiouist, and the adopted sentiment, thatthe end to be accomplished justifies the resortto any means, warrant us iu the belief that their success will be co-extensive with their ability to familiarize the minds of our free citizens with corruption and sensuality, and strongly admouish that eternal Vigilance alonecan resist the assaults of unprincipled factiousupon our republican institutions. Be it thereforeThe Independent Tre»sury.The bill for the establishment of the Independent Treasury, passed the House of Representatives, on the evening of the 30th ult., by a vote of 1*24 yeas to 1L7 nays—17 majority. T he present Congress was elected with the Independent Treasury as a test question; and thus has the Voice of the People been expressed, upon a “sober and second thought.” The passage of this act, pronoun cctf by Mr. Calhoun, as a “great measure of deliverance and liberty,” is the triumph ot the principles of the Constitution. 4 he following are the proceedings on the first passage of the bill:INDEPENDENT TREASURY BILL.The Chair announced that the business specially in order was the Independent Treasury bill.Mr. Vanderpocl obtained the floor, andmoved the previous question.Mr. R. Garland inquired of the Chair whether the bill was reported from the Committee ol the W hole House on the state of theUnion.The Chair replied that it was not.Mr. Johnson of Maryland said he had giv-« ^en notice of his intention to move a substitute lor the bill, but no opportunity had been afforded him for that pm pose. He ho|»ed the gentleman fiorn New York [Mr. Vauder-poel] would withdraw the motion to enable him to offer the substitute, and let the House take a vote upon it. He did not wish to present it to embarrass the action or wastethe time of the House, but would be willing, it it was admitted, to have the vote taken without debate.Mr. Vanderpoel said a sense of duty would not permit him to withdraw the motion.Mr. Hoffman said the bill had not, according to the rules, been reported from the Committee on the state of the Union; and he inquired of the Chair whether the resolutiou discharging the committee could override therules.The Chair replied that the resolution was adopted by two-thirds, and therefore did override the rules; a vote of two-thirds would suspend all the rules.The motion for the previous question was then seconded; and the question then being ‘‘shall the bill be ordered to be engrossed for a third reading?”Mr. R. Garland demanded the yeas andnays; which having been ordered, were—yeas 123, nays 10JMr. Chinn said he had voted in the affirmative under the impression that it was the generaUUisposition of his friends to bring the thing y a close as soon as possible; but since he learned that was not the case, he wished to change his vote to the negative;which was accordingly done.The question now being “shall the bill be read a third time?”Mr. Griffith ot South Carolina called forthe yeas and nays; which having been ordered, were—yeas 125, nays 105.So the hill having been ordered to a third reading, it was read the third time, and the question being Mahan the bill pass?”'Mr. Graham obtained the floor, and spoke,without concluding, in opposition to its pas-“ge* until* half past two o’clock, at which time the House took its usual recess.At the evening session, on the question “shall the main question now be put,” it wasdecided yeas 123, nays 90.So the main question having been orderedto be put, and the question now being “Shall the bill pass?”Mr. Dromgonle demanded the yeas andnays, which having been ordered, were— yeas 124, nays 107, as follows:—Messrs. Judson Allen, Hugh J. Anderson, Artberton, Banks, Beatty, Beirne,ItMr.swer with ties c VY bill to an;Mifrequ ernoi deno iu hi Abol to slait ell;initttgressI lev iiseuUhimwon!gre^stonelow I publiGyouryouof n iu tk cour passItthe (liber are i Con the \ live ingpalp; be; c shou go iiand ou tl a delsligkStatlt;M:Adin of VuristiIO thper 1 new t th this ii g *he saP» wtcon }ddoVV IIIHi a«e tmoreheiglResolved, That it becomes us to arouse from the repose of security, and to rally withour brethren around the standard of Democracy, to join iu the struggle for measures against men, and to persevere in sustainingour highest*offices, meawho openly avow principles which se^m ia _________ ^strict accordance with the spirit of republi- Black, Blackwel 1,' Boydj BreV^tT^ Aai^on V!ter a,has c at Wcited at prby 1Wa»kwhic eis o the fis^ifdesciand ] whv, gold vc-lip pie,,
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Fayetteville North Carolinian

Fayetteville, North Carolina, US

Sat, Jul 11, 1840

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