- - ,. r should be promptly and indignantly resisted. They must not be made the tools of party, or the victims of demagogues ; and hence, I would have their intercourse with the goverument sfrictiy regulated by statute. I have limited the capitals of these banks at not less than two, nor more ten millions of dollars. No State or Territory will re. quire less tlran the minimum, and few should exceed the maximum amount. Tito one is large enough to ensure respectability and usefulness ; other could not exert such power by contraction or expansion of its discounts as seriously to a fleet the business of the country, or the value of property ; and, guarded and restricted, as 1 have proposed, there could be no danger to liberty or the Union. The responsibility of the Mates is proposed, in order to afford the most unquestioned security to the depositors and no'e holders, and to remove ail distrust from the general government, that it may embrace the proposi ion at once, and set this distrading question forever at rest. The Stated would incur no buzzard in their guaranties, as no bunk of respectable size has ever failed to pay deposits and issues, however their stockholders may have fire i. But the State is to retain the supervising power, and may so control it as to make her security as perfect as she desires. In cases of emergency, we have seen several of the states promptly coming forward (as they should do when any important interest is involved) to the iHiei of their banks, by the loan of their credit an ! funds. Prevention, however, is baler than cure ; and the plan proposed will, I think, obviate ths catastrophe. ? ? ? ... ?iw> The guaranty having oecu given, uiu issuing oftho stock merely points out tiie mode of settlement, in case of failure ; and, after all, it is l>ut a financial arrangement, giving time to the banks to wind up their affairs, if necessary, and protecting the people from a rapid and ruinous pressure in the collections of their debts. The large size of those Institutions, and the enhanced value of their issues, would soon drive out ol circulation the notes of the lesser banks and compel liiem to wind up by limiting their circulation and returning it on them for specie. So that, in the end, the great evil of numberless small banks, with insufficient capitals, would be reined, ied, and the whole number of banking ins itutions in the country would rot exceed that of the United States Hank and its branches, The use of similar kind of notes, and die issuing them only from the principal banks, would impress Uicm upou mo memory? render the signatures ami general character of the bills as well known as these of the late United Slates Bank, and thus facilitate their circulation and diminish the chances of forgeries. The r? cievabiiity of these noYs, in a'i the dues of the (ienrrai (Jovenmwnt throughout tlie Union, would rend' r it the interest of the banks to keep exchanges at fair rates, to prevent the collection and ac? cumuluth n of their notes in large masses at points where trade has a tendency to con., cemratc ; and the states may interpose statutes [in the stead of competition] io guard against over issues. Indeed the sphere of o i competition, if thorn le good in i, will only be enlarged, instead of the several banks of the same state, vicing with and harrassing each other, the rivalry will be be? -? 1?1? Cflllpi}. Iinfi twepu INW UUIItVd WI IIIV. U1H1.IV... - ihey vvii1! more tfleotu iJ'y and uniformly keep each oilier in check and order : whilst at home we will have the full use and concen'.rated vigor of all our capitai. A serious objection urged; gains' the late Bank of the United Stales was, the large a. mount of money wielded by one set of men, enabling them to contract or expand the currency, and thus to operate upon the business and politicks of the country. This objection, in my es imution, liolJs much more strongly against the mammoth Insti. tut ions now becoming common at the north, and freo of the r straint 1 have proposed. " The Bank of the United States was re. sponsible to, and controlled by, Congress lor her acts in all the states. But these Institutions, holding charters from the states, can only be controlled by the power from which the/ derive their being; and this power will never be exerted except lor acts injurious to their own ciii/.ensand improper within their own limits. Beyond their limits?in other states they are almost irresponsible, and their conduct will be marked by the wanton abuses ofthc most unrestrained depotism. Ifyou require illustration, turn to the Pennsylvania Bank of the United States, dealing in cotton and local bank stock?appropriating almost exclusively the trade of the staple of ffic country. Pennsylvania either could not, or would not control her ; and without some further restraint than that of the States, we will again see the legitimate business of our merchants wrested from them, and the country driven to deal i:i a depreciated currency, and the occupation of the merchants superseded by the agents of the bank. * - .1 II iacis were ncct'ssiir) 10 ut'inuiiktaa to you our urgent need ot more bank cubital, I would direct your intention to the Europcon market, overrun with oppli cat'ons for loans. I would ask you tc compare the amounts profi ably employee by our sister Sta'cs, possessing natural vantages requiring improvement infinite^ inferior to our own, with the nmonnts em ployed by us. Xc.v York, a little slic^rt c of our territorial extent in lTU'J, had les number of inhabitants. She adopted th L use of Banks, and we did not for a numbi \ of years. In 1600 she surpassed us in j?oj. ulation. She increased her Batiks con inensuratcly 10 her wants and impjovcmei ?we did not?aud she now numbers thn times our population. Besides other at: valuable improvements, she has finishe commenced and chartered canals and r; roads 3,833 miles, costing nearly ninei millions of dollars! Fora more particuii expansion of the advantages derived by th State from her appropriation* IV iQt^rr> | improvements, I submit to you the docui ments marked C. and D., reports of eom! mittees to the Legislature of New York, j communicated to me in my executive ca. i pacity, ! For the benefit and protection whicii this Bank will enjoy from the State, it should | make a subscription to the Yankin and Fay-; i'otteville Rail Road stock of a half a million j i of dollars. ! CHE i jA WGAZ ETTE-1 WEDNESDAY, DECEMBER 5, 1S33. j ! The message of Governor Dudley of North ! = . ; j Carolina is one of the mast bolil original and j ! able which we haw, in a long time, seen froin the executive head of any State. It is very j ; long and wo cannot therefore copy it entire. I Extracts will befjund m tne preceding co!- j utnns, and will be continued next we#ek. | John A. Crawford has been elected Prcsi- I : dent cf the Commercial Bank of Columbia. { ? j An invitation from the Wilmington anu , ' Raleigh Rail Road Company, and from a com- | I rnittee of the citizens ot Wilmington has been ! ' given to the members of the Legislature o^ j North Carolina to visit that town by the Rail j | Road. The communication was referred to a j j joint committee who reported recommending < j that the invitation be accepted. The Senate 1 ; concurred in the report, but the House of Com-1 i mons refused to do 60. The invitation was j | therefore not accepted. Durham Cattle 111 Kentucky.?Twenty head ! | of Durham cattle sold lately in Kentucky for ! S5in.nfi7_ Some of them were mixed bloods. ,? ; Tiie thorough bred, of which there were elev. cn brought $8157. One sold for ?1630, one | for $1123, and another for $1003. At a sale ! of Durhams near Philadelphia, prices varied ! from $540 to 300, all cows and heifers. , j The Steamer Liverpool, in regard to winch ; j so much anxiety was felt has arrived in Xcw h- ! : About 130 American citizens were captured j ; by the British forces, at the Prescot affair in I Canada, some, if not all of whom may forfeit j i their lives. | , r , The North Carolina Journal published at j Payetteville, N. C. has been suspended, the } | cd.tor being about to leave that town. The pro : prietors of the paper have published the fol- : ; lowing notice. In consequence of the determination, of the ! Editor, to leave Fayctteville the Proprietors ! i of the North Carolina Journal will let the same \ : on reasonable terras, to a practical Printer of1 . Republican principles, who is qualified to conj duct it, None need apply but such as can j i produce satisfactory testimonials of good cliarj acter. Any person desirous of applying for i ' the same can obtain the necoecary information 1 by addressing a letter post paid to 441lis Proprietors of the North Carolina Journal," Fay- 1 I cttevillo N. C. j O"Editors with whom the Journal Exchan- j j ges will please give the above a few inser- j | tions. i ! ? STATE LEGISLATURE I , In the Senate, the Hon. Patrick Noble was : ! unanimously re-elected President ; Jacob J I Warley clerk; A. Garden, Reading clerk ; | : and Mr. Fulton Doorkeeper. In the House, the Hon. D. L. Wardlaw, ; ! was unanimously rc-elected Speaker; T. \V. ; Glover, clerk ; John Chappel, Reading Clerk ; ! Win. Baskert Messenger ; and John Mathis, . Doorkeeper. \ The time in both houses is taken up mostly ; in receiving and referring petitions, receiving ! t reports from commissioners of Free Schools *c. The following are the only items in the Jour; nals, so far as they hare reached us which : \vc think worth copying. SEX.VTF. Nov. 27. Mr. Rhott presented the report : of the Joint Committee on Printing, recommending that a contract be made with Messrs. j A. H. & W. F. Pemberton, for the printing : of b"th Houses, which was adopted, and sent | to the House for concurrence. I Nov. 28. Mr. Patterson presented the pc; tition of sundry Ladies of Barnwell District, : on the subject *cf vending, and the intemperate I 1 ?. ? !, o Pnmmit. I I llsc U1 drut'llt CjJKilO f kVlkllVU IU kuv uuuiiiiij the on Judiciary. j Mr. Alston submitted the following resolu- J i tion. ! Resuhcd, That be appointed . and constituted a commission to examine and ! revise the Free School system of this State, and to report to the Legislature at their next session, such amendments and alterations as shall be suggested by experience; consulting freely the best sources of information within their reach; referred to the committee on : Schools. ! ..Mr. Evans presented the memorial of sun; dry citizens of Marion District in reference to j the culture of the Mulberry and of Sugar; rci ferrcd to the committee on Agriculture, j The different parts of the Governor's Mes| sage wore referred to the appropriate comrait: tees. HOUSE OF REPRESENTATIVES. Xov. 27. Mr. DeSaussure, from the joint : committee on Public Printing, submitted a ref port which was on his motion considered, i > agreed to, and ordered to the Senate for conj rrcnco. . ' Mr. Memmingcr presented the petition of ' Win. Wragg Smith for aid in publishing the [ Southern Review ; referred to the committee ' on Education. Xov. 2Sth. On motion of Mr. Bellinger, ? t??i?;? Ko mforrpd to a Committee ' | ntswvcu mo? ik >/v .-.v..? ? ? 1 consisting of three Members of the Charles. j ton Delegation, to t.e named by the Speaker, r- , to enquire into, ascertain and report the facts ?j and law as to the eligibility or non eligibility ,f iOl Mr. Finley, returned as elected a Member ,s : the House ; all questions arising from the ; 83tl facts to be reserved for the decision of 0 i the Mouse. >r I following gentlemen were appointed to k, i the con.;1jueP) Messrs. Frost, Magrath and j. Schnicrlc at i ~ " >Q j vrom the Nat. Intel. ,<] EDITORS CORRESPONDENCE. York, November 22. The Canada ne\v, a]j important. The y Patriots have been r>uted "horse, foot, and ir dragoons, at Prescot, w>fj CVCfy man, save one at or two, killed, wouudea or made prisoners ' The d-t-ail? rt" th ? tra?re??; are annaling A thousand regulars assembled at Prescot on the 16th. and commenced a regular firing on the. windmill, where the Patriots had secreted themselves. The batteries were placed but ) 150 to 000 yards from the mill, and the consequence was that the balls passed en'irely through the stone building. Besides the regulars there were a thousand of the militia in the service of the Government. The Patriots were surrounded by land and water?four steamers being upon the water, and two thousand troops completely hemming them in on i the land. Letters from Ogdensburg say that the^Patriots fought like devils uutil near sunset, when they came out with a flag of truce, which for a time was not regarded, the Loyalists, havilig instructions to give no quarter. Five hundred, it is supposed, are killed. Bill Johnson is captured, not by the Loyalists, but j by a United States Marsha!. Biroe, the.Pa- i triot General is also in the cam and keeping of the same Marshal. The prisoners taken at j Prescot by the British have been sent to King- j ston. The rebels at Montreal, 400 in number, were to be tried last Monday. A letter received to-day from Col. W ortu confirms about all the news I send you from the frontier. Col. Worth thinks the Patriots in the vicinity of his head quarters are pretty well used up, and almost tired of Canadian patriotism. BITCHEEY OK THE MORMONS. St. Louis, Nov. 12. ' Further from the Mormons.?The account of a bloody butchary of thirty-two Mormons, on Splawn's creek, is fully confirmed Tteo children were killed, we presume, by accident.? Considerable plunder, such as beds, hats, &.C., was taken from the slaughtered. Not one of tlie assailants was killed or hurt. "About the time of the surrender, several Mormon houses were burnt in Chariton; and one MormoD, who refused to leave, killed. . ' At Far West, after the surrender, a Mormon had his brains dashed out by a man who accused the Mormon of burning his house in Daviess. RY THE PRESIDENT OF THE UNITED STATES. A PROCLAMATION. W11l'axe as, there is too much reason to believe that the citizens of the United States in disregard of the solem n warning heretofore given to them by the General Government, and by some of "the Governors of the States, have combined to disturb the peace of the dominions of a neighboring and friendly nation: And whereas, information has been derived from official and other somces. that many citizens in different parts of the United States are associated or assoc.a'ing, for the same purpose: And whereas, disturbances have actually broken out anew in different parts of the two Canadas : And whereas a hostile invasion lias been made by citizens of the United S ates, in conjunction with Canadians and others, who, after forcibly seizing upon the property of their peaceful neighbor lor the purpose of effecting their unlawful designs, are now in arms against the authorities of Canada, in perfect disregard of their owu obligations as American citizens, and of the obligations of the Government of their country to foreign nations: Now, therefore, I have thought it necessary and proper to issue this proclamation, calling upon every citizen of the United States neither to give countenance nor encouragement of any kind to those who have thus forfeited their claim to the protection of their couutry , upon these misguided or deluded persons who are engaged in them, to abandon projects dangerous to their own country fatal o those whom they profess a desire to relieve, impracticable of execution without foreign aid, which they cannot rationally expect to obtain, and giving rise to amputations (however unfounded) upon the honor and good faith of tioirnun Government: UDon overv officer. civil and military, and every citizen?by the veneration due by all freemen to the laws which they have assisted to enact for their I own government?by his regard for the honor ! and reputation of his country,?by his love of order and respect for that sacred code of laws by which national intercourse is regulated?to use every effort in his power to arrest for trial i and punishment every offender against the : laws providing for the performance of our obligations to the other Powers of the world.? And I hereby warn all those who have engaged in these criminal enterprises, if persisted in, that, whatever may L?c the condition to which they may be reduced, they must not expect the interference o* this Government, in any form, on their behalf; but will be left, reproached by every virtuous fellow-citizen, to I be dealt with according to the policy and jusj tice of that Government whose dominions they 1 ' " / -? i ?.i ?< | have, in aenance or me Known wiancs orcr?r?lltinn of whlltll I ttr'.'IQ lftllfT fllfi chdSCtt I - - .. Q | victim, to display its greatest venom against i those who have least incurred its enmity. ! It has been the fate of a distinguished ci:ij zen in the eastern part of your State, and ol I Mr. Bell, to be the latest objects selected for | the vengeance of that spi?it, and hence nil j the vials of wrath are poured out on their 1 heads. I have been comparatively spared ;nnd forgotten. No State in the Union has 1 exhibited a nobler independence than Ten* I (lessee; and the people of it, in resolving to , sustain those two citizens against unmerited ! attacks, linvo shown their sensibility to i faithful and eminent services and a just ab; horrcncc to gross injustice. I would gladly j unite with the Whigs of flenry, in the in. I tended respect to Mr. Bell, but duties and ' engagements at borne compel me reluctantly 1 to decline the acceptance ofyour invitation, i Among other strange and dangerous | principles of Government which have been ! introduced within the last few years, nC New Orleans gal 57 j Nails cut assorted lb 7 J J | wrought lb 16 13 i Oats bnshel 40 5C ; Oil curriers ?raI 75 10C lamp 125 linseed no 12; Paints white lea.l keg 325 42( Spanish brown lb 8 12^ P->rk lOOIbs 600 8rt( KIce 10011)8 550 G2.e Siioi, Hag 23( 41 lb 225 ! Sugkr lb 10 12; | Salt sack 325 351 saU bush 100 12J 1 Steel American lb 10 12 English lb 14 German lb 12 L ; Tallow lb 10 li j Tea imperial lb 100 137, hyson lb 100 j Tobacco manufactured lb 10 5( j Window glass 8x10 oJfl 34 3j 1 in v 1 ), o For Sale. CtORX, Fodder. Oats, Mules, Colts. Oxen / Milch-Cows, Stock, Hogs and Cattle, Wag j gon,Ox-Cart, Plantation Utensils. Blacksmith'; i Tools, 2 Co**on Gins, Corn Shelters, Household j and Kitchen Furnituro dec. s These articles will be otlored at private sale j until Tuesday 11th December. All articles ro i maining unsold at that time will bo offered a j public auction at my residence near Cheraw. i Public Sale to commence at 11 o'clock A. M JOHN ELLERBE. Nov. 30th 1836. 3 It entistry. DU. J. LE? respectfully informs his friends and employers in Cheraw that ho will cer. tainly visit|their town on or before tnc first of Jan. uary fully prepared to poiform any and ever) Dental operation that may bo required of him fM i a ? Lt : i r?t I. _ | i n<* weeK pre\ ious 10 nis arrival in uueraw lit ( will bs in Wadesboro N. C. Dec. 1, 1938. 3?Rt A Card. DR. Roberts Dentist, will return to Oheraw about the 1st of December to attend to the practice of his profession. November 7th, 1338. 51 3t To Editors of Newspapers and Postmasiers. Impelled by a flense of incalculable importance of the Silk Culture to the citizens of the United States, the Philadelphia and Burlir.g. ron Silk Company, in order to enhst the influence of the press throughout the count.y more directly and earnestly in favor of this great national and patriotic enterprise, make he following proposals to gentlemen connected with the press and to postmasters. a mcnc/rorj r)r\ nnt r?nnnoo fa fKomcnlPnt X I1C lliaua^gu uv uub y * upvov- iv uiviiiovnvy any immediate profit from the publication of their paper, being simply anxious to dominate widely a proper understanding of the nature, importance, prospects and so forth of the Silk Business ; they therefore, offer a deduction of one half from the low price of the shee! on all remittances over five dollars. That is any number of papers over 20 ordered to one ' address, will be put at 2& cents per annum s ; sum barely sufficient to pay for the mere cosi i of paper and printing. , Any individual forwarding ten dollars, wil | receive twenty copies of the Silk Instructor \ and bt entitled to sufficient stock of cutting) ' from the genuine Morus Multicaulis tree, t< ' produce the first year, 50 trees,?worth ' at present prices, $25; and the second yea 500 trees. * Of the Philadelphia and Burlington Sil Comjnny. f* at Tin: r Miir pdipf np fiO PT sum which is annually paid by the people of | this country, to fotergn countries, for those ' two articles only; and also, the very great fott ' portance of encouraging their culture amongst * ? ? * , It would introduce to the firmer new and valuable, and as your committee believe, profit* > able productions; wnich in rotatioft) with > other crops, would have a doubly beneficial \ effect on our agricultural interests. It would. ? improve our lands, increase the amount of jiroe > ductive industry, and condense, improve atkfc 1 enrich our population. It would be adding other branches to the home, the fireside busi-. i iiess of every family, and thus increase the ] pleasnre as well as the prosperity of. the do* . : mesne circle. 1 ourcomnuttee cannot tortear * i to notice with approbation, on this occasion, j the fact (hat Mr. Lindsay, of Washington city 2 has frequently conferred with them en this j subject, imparting his valuable information! en; forced by the practical argument of his wear* ) i in ga complete suit of silk, cultivated and man-' i! ufacturrd on his own premises. There it in' i I this, as in every country, a large class of indi! vidua!s who, so far from adding any thing to j the industry and wealth of the nation, are unable to support themselves, for want of suitable ?j employment, such as indigent females and childien ; the aged and infifai, to. whom may j i be added the long list of paupers in our poor| houses and asylums, and of prisoners m our ," workhouses and State penitentiaries* Tb * tins clas?t the cultivation of silk presents.a t j most suitable and advahtageuos employment. Within the last year the cultivation ofibt . mulberry has been much more extended tbaif in several preceding years, and the people and the Legislatures of several of the Stales have' taken up the subject witb increased spirit and vigor. From all the information which the committee have been able to obtain, thev are induced } I to believe that no country in the worJd ij better. | adapted to the production of silk, or the sugar. ; i beet than most parts of the Unite# Stated ? ! whether we consider the soil the clitnate, or j the habits of the people. The tntilbertf wij I grow on high, stony, sandy, and comparative! I barren land ; although the poverty of the toil | may decrease the quantity of foilage, it will. I improve the quality, and add fineness and. ' j beauty to the silk; whilst the climate is So > | varied, that no part is too far north to destroy I the mulberry or prevent the production of a j single crop of silk worms in a season, yet, h j the southern part of tke Union, hrcm eight to I ten crops may be raited. ' I The Moras Muhicaulis has. for some years,* I been considered the most valuable variety of j mulberry: though the Brussa, recently introduced into this country from Turkey, abighlyspoken of as of a superior qaality. The large white six week worm seems to be geocT- ... aily admitted to be preferable for the predoc* tion of silk. i' if, then, there are so many inducements f ist8 be satisfied of a fair prospect ofsuccese; 5 and that the Government should lend its aid 1 to ensure 1 he speedy and permanent success* t of the measure. 1 THE PROFITS. > From four hundred to que thousand per ? cent is now realized on the motivation and * sate of trees. So enormous a pfofit 19 not or r course expected to be realised for mif length of time* but will decline as the trees become more abundant, and the country is stocked \ with silk plantatatkms. But the producing or raw silk from those trees must Lecome a permanent business, from which the farmer will be able to realize from three to five hundred dollars from each acre of mulberry (sees. The i- whole bueincss is as simple as that ot raising com or potatoes, a::d more 'certain than an g crop that can be put inte the ground, while it y furnishes a light, easy and profitable employiy ment to children, to the aged and infirm, and ie otherdependent portions of the household, with i- which erery family is more or less burtbened. ill I n every way, the silk culture is a matter of in great individual and national importance, for* ii nishing a certain, safe, and, it may be added# . - > in a patriotic source of wealth, j- O* Will ^Editor? and Publisher# insert cf abc'ol .