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Camcn ?lnd .Mercantile divertiser. <?~i. * ? I II '? ?> hi.*fc>ate Published every Thursday looming, f(.. VVILIE VAU(1II AN. proprietor, a? three BOLLAits per year, payable u advance.? No subscription taken ?u less than six months. The Office is on King street, betwee?. Broad and Market streets, where Com munications, See. will be received and faithfully attended to. Advertisements not exceeding twelve lines, (except those of a public nature) inserted three times for one dollar, ana twenty-five cents for each continuation. > rOm Smollett's History of England. South Sea Bubble. /While the king wag involved at !Hanover in a labyrinth o f negotia tions, the South-Sea scheme produc ed a kind of national delerium in the, English dominions. Blount, the J ? projector, had taken the hiht of his ? plan from the famous Mississippi scheme formed by Law,wWh in the S>receding year, had raised swch a erment in France, aud intailed ruin upon many thousand families of that ? - kingdom. In the scheme, of Law, there was something s^b4intial.'<? Ail exclusive trade'to Louisiana pro mised some advantage ; though the design was defeated by th^ frantic eagerness of the people. La v him self become the dupe of the regent, wbu transferred ine burden of flee 11 hundred millions of the kind's debts to the shoulders of Lie subjects While the projector was sacrificed as the scapegoat of political iniquity. The South StMSciieme promised 110 commercial advantage of any conse quence. It was buoyed up by noth ing but the folly of tne rapaciousijess i of individuals, which 4>ecame so blind and extravagaut, that Uluut, with moderate talents, yvus able toT ' impose upon the whole nation, and make tools of the otheV director*, to serve his oan purines, and those of? a few associates. ^Vhen the pro- j jector found that thraouth-Sea slock ! did n?it rise according to his exj>ecta- j tiou upon the bill's being passed, he j Circulated a rej>ort at Gtobrrltnr and I Port Mahon would be exchanged j for some placus in Peru, by which | means, the English trade to the. Bouth-fcfaa would l>e protected and ! enlarged* 'This rumour, diffused by j his emissaries, acted like a coma-! gion. In five days the directors I , opened their hooks for subscription I of ouo million, at the rate of three 1 hundreed pounds for every hundred "|K> inds capital. Persons of all ranks crowded to the house in such a m in ner, that the first subscription ex deeded tWo millions of original stock.! In a feW days, ihw stock advanced to tftree hundred and forty |>ounds } add the subscriptions were sold for double the price of the first payment, w itlimit entering into a det til of tiie proceedings, or explaining the scan^ dalous arts that ,were practised to ? enhance the value of the stock, and decoy the tihtVary, we shall only ob serve, that by the promise of prodi , gious dividends, and other infamous arts, the stock was raised to one thousand; and the whole nation in fected with the spirit of stock jobbing to aix astonishing degree. All dis tinctions of [SIHy, religion, sex, cha racter, and circumstance, was swal lowed up In this universal concern, or in some such pecuniary prajecf.? Exchange Alley was filled with a strange concoui^e of statesmen and clergymen, churchnten and dissert tersrWhi$s ?nd Tories, physicians, lawyers, tradesmen, and even with multitudes of females. All other professions and 'employments were utterly neglected 5 and the jieople's attention wholly engrossed by this and other chimerical schemes which were known by the denomination of bubbles. New companies started up every da%>, under the countenance ol the prime nobility. The prince 4.1 Wales was constituted governor ol the Welch copper coinpan^ : Th? duke of Chandos appeared at the head of York buildings company ; Tlieduk* of llrid.ewuier formed a third, toi building houses iu Londou | and Westminster. About an bun ired such schemes were projected, ni l (nit in execution, to the ruin of -ii 11 y thousands./ The suais pro posed to !>e raised by these expedi ents amounted to three hundred mil lions Sterling wlrich exceeded the * due of the lauds iu England. The nation was so intoxicated with the spirit of adventure, tbit people be came a jirey to tlie grossest delusion. Vu obscure projector pretending to to have formed a _very advan tageous scheme, -which/ however, he did not explain, published pro |>osals for a subscription, in which lie promised, in one month the par ticulars of this project should l>e dis closed. Iu the mean time, he de clared, that every person paving two guineas should be entitWd to a sub scription for 100 pounds, which w'ould produce that sum yearly. In one forenoon, this adventurer receiv ed a thousand of these subscriptions ; and, in the evening, set out fov an other kingdom. Tiie king, before his departure, hud Issued a proclama tion against these unlawful projects : Hie lords-justices, afterwards dis missed all the petitions that had lieen presented for charteis and patents ; and the prince of Wales renounced the company of w high he had Iweti elected governor. The douth-SeiT scheme raised such a flood of eager avididy and extravagant hope, that the majority ol the directors were > swept along with it, even contrary to their own tense aud inclination ; but I {plum and his accomplices still di- ' rected the stream. The infatuatiort prevailed till the ! 8th day of September, when the : stock began to fill". Theu did some of the adventurers awake from their delirium. The number of tiie sellers dail. in( reaped4 On the tdth day of the mouth, the stock had sunk to one IfuiYdred and fifty : Several em inent Goldsmiths and bankers, who had lent great sums upon it, weris obliged to atop payment,* and ab scond, ? The ebb of this portentous tide was so violent, that it bore down every thing in its way ; and an infinite number of fahiilies was oyerwhehnfcTwitli ruTnT^blSc cre dit sustained * tei rible shock : Tile nation was thrown into a dangerous ferment; and nothing was heard liut the ravings of of grief, .disappoint ment, and despair. Home principal me nbers oftlie ministry were deeply concerned in these fraudulent trans actions i When they saw the price of stock sinking daily, they employ ed ail their influence with the bank to support the credit of ? the South Sea company. That corporation a greed though with reluctauce, to sub scribe into the stock of the South-Sea company, valued at Tour hundred |&r Cent. Thiee millions five hun dred thousand pounds, which the company was to renay to the bank on lady-day and Michaelmas of the ensuing .,ear; This transaction Was managed by Mr. R,ol>ert WaljKile, who, with his own hand, wiote the minute of agreement, afterwards known by the name of the Bauk Con tract, Hooks were o|>ened at the Hank, to tak^e in a subscription for the sup|M>rt iff the (Mibllc credit; and considerable sums of money were brought in. Ilv this expedient the stock was raised at first, and those wltO contrived it seized the opportu nity to realize. Rut tlie Bankrupt cy of goldsmiths and the Sword blade company, from the fall of South-Sea stock, occasioned such a run upon the bank, that the money was paid away faster* than It could lie received from the subscription. Then the Somh-Sea stork sunk a gain ; and the directors of the Imnk, limliug themselves in daogrr of tir ing involved in tlint company's ruin, renounced tlie agreement, which, in deed, tiny were under no obligation to perform, for it was drawn up it* such a manner, as to be no mor. than the rougU draught of a subse quent agreement, without due for:r, penalty, or clause of obligation. Ail expedients Laving failed, and tlx clamours of the people daily inrreas nig, expresses were dispatched t> Uttuovcr, rcpreHciitiiig tlio *tnt* oi the nation, auil pressing the V.U15 to return. The effect ttf the peat Ranking. ??;?erations, and particularly in the newly settled countries as well as its future effects on the same, is' clear!v described hv Governor Jen niu *s of Indiana in his Message on the 10th lilt. Tie observer. fc4 !'h. products of our soil, ?\hich form thc basis of our public and >rivaie wealtn. ire unavoidably disposed of for a dt* predated medium, upvwi ?hich. when a^died to the payment of it debt due to ttie United States, a loss must be sustained froirr five to len l>er ceut. and in (his indirect but certain mode, the hard earnings of the laborious ami farm<ug interests <?l tliecountrvis mostexorutautlv taxed, Mi? . , y by a mere regulation adapted to the interests of the stockholders-of the National itauk, aided NMtn the pow er from the <re*siiry department, of preventing all other paper curren cy from being received in payments to the U. Stair/. The power wiucn this flank evercL<es o\er ihe pay ments to the United States treasure has greatly involved tlio$e, v\ ho have been.tie public debtors f??r iamis purchased, under the general :>el?ef% that the paper of solvent hanks, would curUtnue to be accrued in ;lis cbarge of such demands a^aiifci them. J ut the operations of this institution, prove its iiuentiou of gradually destroying the reputation of the state institutions, disenabling thereby those who art; indebted to the United States to meet Ib^ir pay ments in due time to avoid a heavy interest or forfeiture, w hich, InustJ result in immense sacrifices on their 1 part, and commensurate opportnni- ; ties for speculation for those who-j pan command funds w hich are re ceivable, unless Congress shall in j terfere in their l>ehalf." ,. :. J As a commentary on the above doctrine we find in the the same pa perj the declaration of a ten per cent per aim. dividend on the amount of stock paid in to the State Hank of Indiana. * Viucennes Cent met. iVinier in Virginia.?-\ letter j fVom Fredericksburg,of tl?e &3ti Drc. I static, that the snow whs then ei$h- \ teen inches deep, anladds that ihe ! Kapahanuock & James rivers were both froze a up. The Thermometer* at Montreal* stood, on the? 17tii Dec. at 7 in the morning. At 16 degrees below zero, 011 the 18th at 13, 011 the 19th at i. i ' * ? ?% ?""" The following are the propositions made by Don On is and the reply of the Secretary of State. To avoid all cause of dispute, io future, the limits of the res|iective, possessions of both government*, to the west of the Mississippi, shall be designated by a line, beginning on the gdlf of Mexico, between (lie ri vers Marmeuta and Carcase, follow ing the Arrago-Hondo between the Adais 1 and Natchitoches, crossing the Roxo or lied river, at the &&L degrees of Latitude, and 03d degree of Longitude from ..London, or thereaVouta as marked ou Mel* lish's map;and thence ruuniugdirectly north, crossing the Arkansas, the White, and the Osage rivers, till it strikes the Missouri, and then fol lowing the middle of that river to its nourctf?so that the territory on tlie right bank of the said rive a Ml be long to Spain, aud that on the left bank to the United Stated The navigation as well of the Missioori1 aud erf the Mississippi and Marmen to shall remain free to the subjects of lioth powers. Beginning at the month of the ri ver Sabine, on the Gulpli of Mexico: follow ing the course of the said river to the thirty secorid degree of latitude: (he eastern tmnk and all the Islands in the 6aid river to belong to the U. States; and western baiik to Sp;irn ? thence due north to the norlier most part of the thirty-third degree >f north latitude, and until it strikes ne Rio Roxo, or lied River, thenc e otlowiugthe course of the said river iu its source, touching the t.luiin of Snow Mountains iu latitude &7 ^ north, longitude iOO 13 west, or thereabout, as marked on Melish' naji: tliew< e to the summit of il. s.vitl mountains, ami fidiovwng Li 4 11 it ill of llie same ti? tlie 4lst p rail* i?i* latitude 41, to the south se??.? fiie northern kitik of the said Kt. liiwr, and all (he islands therein ? Ot'loug to the United States, and t?r - - inner n bank of the same lo Spaaii. vuk\ >i Ulandlng aitil Jamf.s (>. Holmi live enter Cv4 llltO CU"pAllll> l olilp Hi li'i practice ?t law for Kershaw district, .V I^uiks wilt aitenU constantly ill tueir oil u.xi ouor locrpu ? arren's store liiLau. den ?ml Coi. btanui<>& *Ui aUenii t. CouKs ot taw and equity a* asuai he w. v ?su Camuvn neiaiiy on the tii~>l Mu. Jay in eacu inoi.lii. J.nu-.!) 28 4 6?-9 Garden Seeds, Sunt arrived from JSeur JthugianUj AND FOR SALK BY P. , HORNTON, C On<- dcj'jr d l^w Luito~<? AtlgOre's J As i>?ey were put up by the snaking Quaker^., and other persons who raism tnem; Ihey may be depended on to be ^oovi jit follow* : Early York Cabu4<;e Early sufcaFTOtf do i-ate Dutch do Green glazed do Savoy do Red do Borecoal do Drum head wintei ditto Early springTurnip .. ' / - u ? h do French do Yellow Russia do Blood Beet Yeiiow do Early scarcity ditto swrftina; .Parsnip Orange carrot Purple do salmon Radish short top do* bUck winter ditto Ice Lettuce i lead A do sugar loaf do Early* do Red Onions W iiite do Early cucuniher Long ^ree.i do (iel'MllS cantetope or Nut . meg Melions Wateriueuons busk sqnusius Whiter crook neck dit.o prkkiey spiniige Asparagus squash pepper Rabbit no^e do Y'egetaUle Clyster Egg plant Vuried parsley ? - Lavender,-Rue | sage, Thyme saffron, peppurgrass Early Petersburgh N Peus I Early frame od ? Eariy charitan do Dwarf marrowfat do Eariy bush beans, t ?? Pamphlets with directions for gardening may also be had. . I A liberal discount will be made to those who may wish to purchase to soli again. N. B. Just received in addition to the above, a few kinds of lirass Veds, and some other new and choice kinds, too te dious to enumerate, amonj? them are the Rutu Baga, or yellow Russia Turnip* a fail f'urnip, which has lately been intro duced ih to America, dud is said to be su-. poriorto any heretofore in use, and is muen more productive, ami is found to ] be excellent food bath for cows and sheep, therefore it may l>e worth the attentiou of the fkLniei_to_ciu;ti*ate_it^ \ vnall trsati-?e on the culture* may be found 'u tlit pa nphlet offered for sale. December 10 ?? I * I ? I >Ant 01 Miters remaining in the Post Ojjlccn at iMncuster Court House, on ike BisL December, 1818. ?' - a A Abraham Ilorton Jency A rant Holey liammomli _ B Jeremiah Hunt ' ' John Berkiy Sen. John Henson C ' Evrii Hill John C raig ? jjl William Craig > William Johnston Robert Campbell v ^ \Viley Cato Jacob Kemen Sterling v hapman L ? D James Laugfey Crenshaw Duk.es Mr F John Meekle Joph Kail Margaret M* Bride David Fletcher ' Jonathan Moof1* Jesse Fly P John Punderberk James Perry y O ?John Parr John Gettys ' R John Ulllan Joseph Ray John (iaydert S J *hn Oooch Samuel Sellers H Timothy Sullivan i John Hvdtfon W - Vfary Ilollaway Roley Weaver Jolin Hancock J. Stewart, p. u. January 14 iiOJK. Itl.NIHNO. 'JHIE subscriber respectfully informs the *-citizens of Camden and its vicinity, that he nas just commenced the above brittleh of business in thoatore op|>osite C'ol., N ix ons, where ho jHkexecute all kinds of Binding wfrb>(^^H^)tncs* and precision, he has also an fl^Tinient of Hooks and Stationary For sale on very reasonable terms. George Forbes. January f ff Boot ami ^lioe ^tore. II. LEVY CO. HAVL JU V| Hi i V VKD - v_tten?ni 1 i.^libh kid Slippery sot u d colors Omo ctuiyr Shoe* Ditto coi k so.,,s Dii'o walking Shpri Ciiiid < ns ti n ? assorted colors \V Boots Morocco Pumps &c. Oec ember 3i Public Vale. \>y permission oi the Court ofiOrcUnary xveisnuw dist.ict, will be soil oi? Mmi ky, ti e hist ua> of lebiuary n xt, at .w Iiuuso, in Canukn, lately ocv ujned ?ii. \\ n.ia.u i.iningiuiru, , dec rased. .\)t ine "pcisonal Estate oi thesAid ueceas : I, iotiftisUi<? ol licv sv-hoks iurnitr.re, tw# ?Uauiu^ CVuii* aid tl t'1 col 'aid nek , i me said deceased. rermv?.crtdit tor om Monti , \ nucha >crs to e ncte beal uig injLeu st5>"oti*_ttW day ol sale, v%itn good pcrVittatsccu rity. K; H. Uulerson, Adm'r. nf l/tt Kiiutr yj tV. WT, Jan. I 5 44 NOTIvK. ALL persi.nb uitiioUii *o the Instate of J hn McL as?>ut, t 1 Keibhaw cistiict, 8.C. ciiCv a? i., ai\ ? c?4 nested to * omc it>r\*ard u.id bi .i,t tt-eir it ucci ur.ts*, ;? nd thosi, u>at l)rw a. y tit mantis a't>an.si tno s. iti fcslate n% ili render it* their accounts du.y attest., tl ac< o? i Luw. Daniel McCuskUIi iid'ntr. JiU'.UJt) ib 11?46 . i ? ? - ? C/tMiJKN' Libit vUV aOClLI'Y. The emhcrs of this Sccictv, are re, cjuested in attend h meeting ol lhe sumr.at then Ho? in on >uu.i<U \ i?t 30:h ins*. at 3 oVlock i?> tne I in? quesiioft will l>t* ,; u t allies :m:e.:;?, w nctl.ci or not iUe SoCtit* shaP ne ? ts?eUt <] It thetifor? expected that tili person* interested will at tend. J. Heviiol<Js,w wl !u ( i i /ary. Jan. S ' . 4 4 ? U I ICU? 1FOHF.W \RN a'l persona front tmding for a note of iuu-cT"etvett hy mv to Purvis Senr. late of i hcrtt't fietd district# for one hundred dollar* dated the fr-h\ d y ol January and payah??* H:<- fi?s? day of January II! 19, with cctiditioiR thereto providing I ^ot sufficient tit;es thn tratt of land purchased by m,o from the a*id Hltr^ vis, ai>d as I have fatted ^ettiufc biifikient titles, t atff detenu 5 ucd not to pay this same unlets compelled hy law. I Haywood Tfalcl* Chesterfield O. H. Dcc. 29, 1918 44-T J mm mm i ? ,??? . . i ? , Strayed Fuw? ih?: subscriber on the Idih III SI. H )ii?ht h'nod . bay HORSK, ?ibout filiten mid. . v I?hIf hand* I ikch? pace*, "fid canter* will bus rather a it in ?u.ck ii??l b'rt m'?u frn?l u numb* < of %mull w me spot* on iht sriioll h.?? k? briiiui?(U any) not irevm mbfrtct. Any ii fu iiiH ion respecting mid HoiiCf will be tlutokfuliy received and ? i^u^fftc lory rtwmd gitcD to an) pi r*o?? ?'eliycring the Mine to itu kiibscnbt r ?n c<ttmien. W iMiam Brown. December SI > ' if *7 V Proeia r ation. By hi* Excellency Andusw Pic*' fcNn, Governor and commander in chief, ^c. STATE OF 80UTH-CAR0LJNA. The Inidy of Edward Dudley^ late of Kt. Mathers Pariah, hat been found in circu .stances, whi?h induce the belief that be Wat mur^ dercd, atul minora are now abroad which may posaihly lead to a disco ver, y?~ \ ~ - ' ~~f I bare thought proper, thcreforei to issue this Proclamation, offering a ? reward of three hundred dollars, to lie paid to any one who may detect the offender* and have them prose-. cut?*d to Conviction. Given under my hand and the scat of the State, this 29th day of November, iu the the year of our Lord one thousand eight hundred and eighteen, and in the forty^-third yGar of American Independence* A. PR KINS. (L. $.) By the Governor. ' John Gi Brown, Sec'ry of Htate A l.ad Of respectable character, who cam read aw' spell, is wanted immedi ately as an apprentice to llie. Print ing Iliisint'Hs; lie will bo well tt rated. Apply at this OMice.