Camden commercial courier. (Camden, S.C.) 1837-1838, May 06, 1837, Image 3
IT'^IM1 V9'1*1!*!! 0r KNQLAhD.
w foi*tytts%m? Ujh Bank of
I^JpSflanU with speak under pretence of
y leKefing the embnrA^smenls of the mer
r wiant* ?f New York,- is worthy of the |
' great genius who presides over their dcs- [
tinies. It is eminently calculated to
drain the specie from the United States
at this moment, and to provide for period- ,
ical drains in future. It is equally calculated
to produce recurrence of pressure
aud panics. It places the merchants at
the mercy of the hank, whenever its |
bonds shall become due, and what is never
lost sight of by that institution, it
b.itigs in somewhere about two hundred
per cent, a month interest for the loan of
its credit. In addition to this, jt gains for
Mr. llid'lle the applause of the gontle
.1 1: I i* . .1:0: I...
illt> iiius renevcu inini present uuucuii) , i
at the cost of future ruin, and the character
of a great public benefactor besides.
There can be no doubt that there is at
this moment, an understanding, not to
call it a conspiracy, between the Bank of
the foiled States and the Bank of En
gland, to filch from us the specie acquired
by the wise measures of Gen. Jackson.?
Thev are kindred institutions, ami equally
c uubining the?incoiigriioii8 and incompu- .
tilde characters of a commercial body,
and a political engine. So long as the 1
Bank of the foiled States wields such an
enormous capital, under any administration,
we shall have nothing but a miserable
succession of contractions and expansions,
redundant excess of issue, and <
sud.leu withdiawals of credit, panics, i
pressures, and all the long train of evils
we have endured ever since the people
and Government of the United States refu-o-d
to fall down and worship the Paper
Calf, gilt with gold.
- _ * .1. n . i t ? i i
in i.it* management 01 tne nana 01 me
Untied States Mr. Biddleis now little bet- |
ter than the tool of the British Bank, the
.British bankers, and the British arisi cracy.
He is their representative here: their
proxy in voting in his own directois, antl
himself as president. The Barings, alone,
ure proprietors of millions of the stock
ot this Bank, and their support is imiispensible
to i?s very existence, for, if they .
were to sell out, and withdrew their funds, j
iho institution could no longer sustain itself.
It would become bankrupt.
With regard to the connection of the
IJank of the U. S. with the Bank of England,
it is one of a close affinity of
\ i?*u s, interests and conduct. Each
js equally interested in keeping up the
abuses of its monopoly, each has e
qu.illy expanded lis loans anu issues until
botJi are loitering on the verge of bank- j
Tuple*; it tit! i ai'h is equally interested in >
keeping up this spurious substitute tor ,
re d value, to the entire exclusion, if posB'ireuhitioti
hut that of its
'urrher than iIim* the Bank
?, hv means of its puirngreat
houses in L? ndon,
to engross nearly all the
iicss, not only of the Unitize
Indies. <These, by the
>s of the hank, l^r drawn
re business int their bands,
lieily diffused thronuh the
mnuiiiity of Great Britain.
lie great mon - po Iy lias hcgntton ,
Iter great monopoly, ami thus it is ;
/monopolies engender and perpetuate ;
^ k other.
ft /he Bank of the United States, in like
/oner, has its agents of monopoly here
W I in England. The Messrs. Middles in
W i / 'udelphia, and others in the di/lcren;
' .t commercial cities. I have heard i
that the former have at this 010f
mcol the inanugeme t of one half the
capital of this hank, and that they are
inventing it in eonl mines and other speetiJa.ions
of enormous magnitude. \Vho- j
ovr is the agent ol this institution of
f inusi of necessity, with the j
Vast mans at his disposal, greatly influ*
enro, if ho does not entirely control, the,
rate of .lock, hill of exchnnte, and other
business transactions. II- will, in addi- 1
1 i t t flito I iti a Itlo lik cnnln. tt'iflk ii Itiii..
sc.I ii ureal j> ?rli<?n Aikthi* husinm ss, and
cstihiish little less ^nian monopoly, in
whatever line lie may select for his operation.
it is obvious, that separated as these
two great monopolies arc, by a wide
ocean, and acting in spheres so different,
they can seldom c i or in conllic: with each
other. They are the scourges of separate
n .finns and as it is the instinct of mnnopn.
Jii's u? comhine rather than to compete
wiii< each other, there is every probability
th"v have enterned into an alliance of that
in ?tii ?l Ifrnce and defence against the p??li.-v
Gen. Jackson, which ii is evident
txarshard upon the Hank of Kng.and.?
? . . i~_ a.:. ,i.? i...
1 no rvu HiMiiirr m mi-* (iMHDi- in in*- miter,
it being in conformity to a justifiable
role of self defpnce, but that so patriotic
an institution as the former, one so bene* i
voTcnt, so considerate, and so liberal, hea<ii
! by a man who gtios for the country"
wi b sue.ii commendable uniformity, should
linn consent to become the eatspaw to
t!m* otber; in seheuies of universal monoJudy,
eminent d with plans for maturing ;
n universnl bankruptcy here, by draining
T be specie which alone wards it offal this
jnomenf, might he a subject of surprise, 1
were it not foi tne past lessons which we
have received from that quarter.
We see this plan indicated in the daily j
effusions <>f tl?<* federal organs, bank orainvs,
olid bank dependents. One says,
' "The determination of the Hank of England,
and the British capitalists, is to
farce (lie return of the prcci^is metals
back into England from the Unit* d Si.iifvs
jyid thev tyilJ succeed. The importation
Er
i
^ " . *s?j" :,
of specie into the United States has been'
forced i>. disregard 'f the laws and wail's
of commerce, and ai a heavy loss. It
was not wanted here." No doubt "they
will succeed** if the Bank of the United
Slates and the federal organs can give
them success.
Ano her organ affirms that "very large
sums of the precious metuls were brought
here where they were not wanten.** And
a third denounces the specie, most especially
"because it prevents specie returning
to this city.** For what, think vou,
reader? ''preparatory to its shipment to
Europe." '
All these, and hundreds more, who may
I.? .. I e i - _ . I
ut-uiwiiys mi 11 ii(i in opposition 10 mt; line-;
rests ?f their country when they conic in
conflict with those of England, harmoniously
unite in denouncing specie. One
might suppose that, literally interpreting
the scriptures, they really held money to
be the root of all evil, did not their uniform
conduct f irbid such ? conclusion.?
They laboi under u hydrophobia of specie,
and doubtless not one of them would
reccive.payment f ?r an advertisement in
the precious metals, unless be could get
nothing else. Thus, the Hank of England,
the Rank of the united States, the
hritish bankers, their agents here, the
poor bamboozled Amereau merchants,
the federal orators in and out of Congress
together with the bank newspapers, all
harmoniously unite in denouncingtheonlv
currency contemplated by the fratners of
the Constitution. There is a general
conspiracy to place the power of paper
money in perpetual despotism o'er the <
people of both countries? -to substituterag
barons in plaee of the federal nobility
to fasten around us the ancient chain of
dependence on England, b^ making us
the mere footballs of its banks a ?d hank- j
crs. to whose tender mercies we have been I
surrendered by the late benevolent ar-j
rangement ?f Mr. Riddle, fur il?o relief ?>I
the commercial community.
\M*RRTC\Nrs.
NEW YoKK, April 12.
Fugitive M,avk.? Yesterday the 1?^
corder's office was crowded to excess, on
account ol the arrest 'if a colored ma
n med Dixo <, claimed to be a fugitive
stave. The claimant is a Doctor AllanJer,
of Baltimore, who says the real name
of the accused is Jacob Ellis. Mr D?-e.sser,
counsel to the Abolitionist Society,
appeared en behalf of the prisoner, and
contended that he was not the man al
lodged in have nhsroniliil. So v 11 ?ii<! j
the lean ed Counsel seem convinced of
this. i!t:tt he raus"il Doctor Allendor, the
claimant, to ' c nrrcstfil while in court, on
a cl ai'Lrr of false imprisonment, lie has
given bail to anstver the charge in the
sum of IJ500. Mr. Morrill, counsel for
the claimant, wishing further time to pro
ctiro witness, the further consideration of
the case was postponed until ill's morning
at eleven. It has caused great excitement
among the colored people.
Aran. Ill?Rsrueof the alleged fugitive
*;lave.?Yesterday niorn'r g the examination
of witness in the caRo of Dix.m
the alleged fugitive slave was resumed.?
Mr. I'hecnix the Distriet Attorney and
Mr J. Morrill appeared for the claimant.4
Doctor Alhiiidcr: and Mr Drossor defended
the prisoner. I'lio claimant alleges
Lhat the accused is his slave, and that
about live year-- ago he nhsc n '< <1 from
Haliim* re. Oo the part of Dixon, wit
n^ssas were call'd to prove that he ha '
been a resident of this rilv. as a free an
for upwards of fifteen years, and tha* he
is not and i.ever has heen a slave Toe
xamination eoiitinued in the Recorder*'
Office uniil two o'clock, whet) owing f
the dense crowd of colored neovde wlo.
thronged 11 *r* ball, i \v:is deemed prude
to adjourn to the chamber of the Court i
Sessions On removing to the latin
plar*c? a general rush took plane, nntl cv?
rv sent was occupied in a few minutes ?
The sprinkling of white ami Marl; fan-,
presented an interesting speetarle, as
tbev stood ranged 'ike the kevs of a piano
forte. The examination of witnesses was
continued until three o'clock* at which
lime the Recorder adjourned the Court
until one o'clor'- to-day. The officers
then proceeded to convey the prisoner to
Bridewell. In doing so it v as necessary
to pass through the park, where nearly
two thousand eol red people were assent-'
bled. As might have hern supposed the
prisoner was resetted front he ? ffieers.?
Justice Bloodgood seeing how the matter
stood rushed from the police office with a
posse of officers, and succeeded in seizing
the accused by the collar. But the exertions
of tne magistrate were of n > avail,
for a powerful negress seized 1 i? legs and
...i i .... ?i.? _:i.? ?..?i
IMUV IMIII ??ll lilt IIUT* III Mini ?| lllilll*
nrr as to compp] liim to relinquish his
hold. Dixon ihrn made good his escape
and ran down Duane street, followed hy
his friends. Th officer* retreated into
the police office, dragging with them several
persons who had assisted in the res
cno. Among mom wore if. i waluroii,
F,sq. a member c?f iho liar of this citv.?
Mr. Wnlilron flip officer, charged liiin
with having horn very active in assisting
the prisoner to escape, in doing which ho
lore his (NValdron's) coat nearly off his
hack. Owing to the dense crowd we di 1 ,
not hear the gentleman's defence, lie offered
to give hail to answer the charge ?
INlr. Bloodgood said he would not take
hail for a less sum than ten thousand dollars.
Bail to the amount of 5,000 was offered
and refused. The gentleman eventually
procured hail to the amount reqtiir
ed. A number of colored people wen
then committed on a similar charge.
Ha 'ino ''is posed of these, the m a >.> m -1
tralc assembled the officers, and despatch
?
cd them to rtcapltwe frixon if lie could be \ *
found in the city. Officers Merrit, liomant,
sparks, Itowper and others, prodee- "
ded to the lower part of Duane street; .
where it, was said, Dixon was <:oncealed.
After a long search they succeeded in
ferreting him out. He was concealed in (
a coal hold in the yard of Mr. Arthur, a i
jeweller, who, however had no know- (
ledge of the fact. Dixon made no resistance,
and was reconducted to prison.-?
The excitement during this scene was unparralleled
and it is a great wonder that
no !iives wer?- " ran Telegraph.
t HitLiE, April 27. 1
Some of the effects.?A highly respectable
gentlemun from Virginia, was in
this city a day or two since, on his way
home from Mississippi, and gave some
facts in r'dation to the money affairs which
were well worthy of serious considers- 1
Hon. lie is well known here hv irenile
| men from his neighborhood in Virginia, 1
j to hr worth about Si 1.000.000. Ife had'<
I been to Mississippi to purchase a planta- i
lion. He su?v some sliange things there.
A planter had about 30 negroes taken by |
the Sherill" and sold at auction. There
was a crowd assembled?hut one or two
bidders were found. The 30 negroes
were knocked off for a little more than
four thousand dollars. The crowd gathered
about the purchaser and warned
him not to pay f<?r the negreos, for lie
should not have them ? their neighbor's |
property shoul I not he thus saerificcd.? I
The consequence nvas, the negroes went
back to their master. At Vieksburg, he
found an aequaintauee with 20 or 30 nogroe*
for sale. The man could g 't no mo !
ney f >r them, and actually had to apply
to the Virginia gentlemen for a loan of
money to pay l is hoard bill with. He
s'.w t Vieksburg some negroes up at
auction?ens', sale. A likely looking
4\. 11 L: I r - i ^
n-11<iw whs hi i mr ui'ui o*>ou wore niiereit.
Not another bid could lie had. Thr o\v- ?
n< r thro stepped up and changed tin 1
terms of sale from rasli to twelve months t
cedt, tvith ample security. The bidling
raised 'ike electricity. The same
fellow was knocked off at #1(525.
The it nib man arrived at New Orleans
in company uit'? a f llmv Virginian, and
there the) got out of cash. The genthuiHii
tried to dispose of a draft on the
bank at Alexandria, for a few hundred
d liars to carry him home, and showed a
certificate from its cashier, that h<* had x
#12000 deposited in its vaults. But all '
lo no p'ti jnise, he could raise no money v
in New O' learns in that way. Well, he a
and his friend came to Mobile. They
found a friend ' err who knew them well. r
and that friend undertook to get the re
(piisite sum ef money for them to go home I
wiih, for a draft on the Alexandria hank. |
He woiked like a silk" worm for hours,
and was about s?i''ini? tin in desmiir. wli. n I
? - ^ I I *
fortunately he IGtiiit! another Virginian <
who wished t?? make a remittance to Al- c
r?x:?? ?!ria. and had deposited a few lum- I
dred dollars in li e Branch tin* State J j
Flank here to purchase a draft with The j s
business was d ne and Mobile money was ^
obtain d. Hut then, as Mobile money j
would not answer to travel wi'li out nl
,S
Alahaina, the yet lien.an was anxious to
yet in st of it exchanged f ir Georgia
('arolina or fT11it ?>? 1 States pitonev F( r i
'his exchange, a way went his frientl here 1
upon the doa trot all net town I'm huairs. \
offering tw ' . three and four per cent, for ?
toe kinds o inonev wanted. \t last ' i
s teeeeded in procuring enough to beyi (
the journey with, and the Virginia mil ,
H< naire has left us. I
**-'m a ? T e following is oxtrne- ,
ted from ? report -ot tt.o proceeding > ot the '
ouse of Assi tubly of this S ate on Thurs 1
day list.
SM LI. BILLS.
Mr. Robin-on. from the Bank committee,
to which was referred the Gill to repeal t'e (
I It I - . f ?
un proionn ng " < nrcitiauoil of Daillt notes j <
ot a less denomination than $?>, reported <
that the commit woe unanimously of
opinio that it ought not ?o In come a law?
and th< toil went on .lie general orders
\v hat will become o' us if suc'i excessive
stupidity l>. liiianiiuo sly erseve ed in? A
measure which nugh- snie-uhai palliate
our present distres es. "The comuii tee are
unanimously o opinion, ought not to he a 11
law." 'I' e tint is fast approaching, nay, is j
arrived, w en those le. islators will see tliei'
best commentary on their conduct, in the
tn-'Si abject misery in their consti-uents. ,
We have never heard, cither here or in
England, the suppression of the small note)
circulation justified, on any other ground,'
than that it compelled the Hanks issuing
large notes, to keep a c rtcin amount o'
sp cie, wi i h served as a basis, and made
the redemption of the latter more secure.
Now we ask what kind of a basis is that
which at one moment will not hear the
w< ight of a feath r, as at present? When
specie is inor? valuable than hank notes.
!... !!! I. I
ii win no (leomrnJefl, ami ns long as tins lasts,
no anionnt of specie, r^liort of tho amount of
notes. is n sufficient Insis. When the reverse
is the case, any or no specie is a sufficient
basis, for it w ill not be wan e-!. 'Puis basis
has been written about and talked about, "
without those using the teiins taking the 1
trouble to give to it in their own minds, any
definite meaning
Another attempt will, however he made,
to indue the Legislature to allow the Hanks J
o issue a credit currency ui such amounts
as they may find the c itizens of this >tate
will ng to receive and exchange among themselves
And a petition to tins effect is now
Iving m the Mercii nils' Fvchange and at the
i !\ ii office <>f ibis paper, for signatures.?A\
V. Cour. and En^jr.
/
I r
/
(tommrvcial (touricr.
CAMDEN, S. C. MAY G, 1837.
T? the public*
Our citizens has for some time been subjected to
much inconvenience for the want of a public channel
of communication which is so essentially necessary
iiv* community like ours, almost altogether
Commercial. Trusting therefore to their wants
and willingness to sustain a PAVER for this purpose,
Mr Jones & Co. became the purchasers of
the CAMDEN JOURNAL PRESS, from which
will now be issued The Camden Commercial
Courier, devoted exclusively to Commerce, Agriculture
and Amusement. In order to ensure satisfaction,
no ex|>ei>?e or trouble has been spared in
obtaining steady and competent workmen. We
therefore trust, that a liberal public will afford that
patronage which,the Proprietors,by their undivided
attention, will endeavor to merit.
The first No. of the COURIER will be sent to
all the patrons of the Journal, which if not return
!?d will be considered subscribers, and the Paper
regularly sent to them. ,
Tim ncrnnnln nf llm lOTTReJAI. nrp InA in ntir
land* lor collection Those indebted are therefore |
requested to call and settle the same, or forwaid at
)uk bisk, the amount due by Mail.
Tlie pressure*
The pressuie in the money market is beginning
lobe felt in every portion of the country and by
ill classes, every branch ot businss seems to be
nore or less impeded, and the state of things growng
worse every day?we are glad, however in
:iuies like these, to have it in our power to say that '
tot withstanding the amount of Cotton purchased
it high prices in our town the present season, and
he very heavy slocks of goods yet on hand, bur
Mercantile community will still continue to sustain |
hat character for commercial integrity for which
t is so well known and to which it is so justly entitled.
At a meeting of the Stockholders of the Bank
>f 1 amden, S. ? ., held at their Hanking House on
Monday last, the following Gentlemen were elect d
Directors lor the ensuing year, viz?
Col. Mc WILL IE. Esq.
Col JOHN CI J ESN UT,
J. M Df.SAUSSI'RI:, Esq.
HALL T McGEE Esq.
P \ UL F. VILLEPI UE,
JOHN WORKMAN, and
WILLIAM ANDERSON.
We are informed that the Stockholders, were
veil satisfied with the condition and management
>f the Rank?of which they have given the best
vidence, by a resolution, which we see they have
dopted to increase the present capital $(100,000
Tlin Onvnr.,?r ......I., . .... 11 ~ I Jlfc..
.......V ...V ...JJ arrn^i
nenls "or litis District, viz :
Jnlm Smart, Ksq. Justice of the Quorum.
James II. M'Kaiu. Justice of the Peace.
William 11. Young, Coroner.
The Machinery for Lang, Douglas & Anderson's
,'utton Factory is received and w ill -cominetico
>peiati'>ns in a few weeks with a thousand spindles,
t is beautifully situa'ed about a half mile from tit#
own on as fine a ntrcain as anv in the State, preenting,
of a mile in length one ot the hamlsomest
tonds in the southern country. We hope itmfhy
trove to our enterprising citizens a profitable
mi ret
Our readers u I: timl in another column an advertisement
for workmen, for the pur ose of mating
the neces ary iinptnveme ts in our River^
vhieh, <V1. Walker the Superintendnnt, has. for
everal days heen examining. The River is at this
inie unusually low, and consequently in the best
trder for the commencement of the work, which
.... i,n..n .? ; 11 l.n -i?i-..-j r.._
i. ? ? in im'i. iwii^ ur uciajcu iur Willi I OI
lands.
On
the 2T> ull. a meeting of the Merchants of
Sew York was held, to take into consideration
lie causes of tlie present pressure, and to devise
inch measures of reliel as may be thought most
expedient.
A Committee of fifty was appointed to proceed ,
forthwith to W shingtnn. to submit to the Presiient
the proceedings of the meeting which is i
jontained in the folio * ing proposition :
1st A repeal of the Treasury Circular.
2nd A suspension of suits upon Custom House
Bonds, till January next.
3d. The early convocation of Congress.
It is stajod in one of the Freneli Papers, that
Piince ' ictro (son of Lucien) Bonaparte, whose
lenience ol death has lately been commuted by the
Pope to banishment, had on the Jlth February,
sailed for America.
A communication by steam boats has bcpn opened
between Rotterdam and Havre which is connected
with the line from Havre to New-York, atfoiding
at the same time an opportunity of going
from Rotterdam to Paris in forty hours.
The me i beis o? the Carmelite Convent at Baltimore
received the proceeds of the late Fair which
amounted to Three Thousand Four Hundred Dollars,
which we cannot but consider a tair iif.mu
NtKATIOft.
Wo havo rocoivod tlio April number of the Southern
Literary Messenger ol 04 panes, containing
selections of the most chaste and entertaining mat*
ter. We h .ve not as yet been able to give it that
perusal that we wish, and therefore have laid it by
for a leisure moment,when we will be better able to
appreciate its merits. A copy will always be kept
open at our office for inspection.
A slip Ikom the New Orleans Commercin' Bulletin,
(by Kxpress) informs us that a large majority
of the Mississinni Lpoislainr<? iu iin('o..A.?i.i. -
n MMIUV ?'l IIIMC IU U
Stop-1 .air, or a Law invalidating existing contract.
This says the Bulletin.
Wc regard as a pood omen, and anticipate
that the wisdom of the legislative
hotly of *> at Slate will Ho mtirh jftwartls
re-establishing order <Sr ro? (idenrt among
the citizens, besides providing; some sale
and honorable plan (W affording gradual
relief to the public distress* without the
necessity ol resorting to so injurious und
unjust a meusuie as the crea'ion of a Relief
Law. The experience of Kentucky
in the adoption of Relief Laws ought to
stand as a pernranenl warning for all the
rest of the western States, and after the
losses, injuries and sufferings which her
citizens experienced by their operation, it
was to have been presumed no Slate would
ever again think of ilieir adoption. >
It is bid enough for those who hava
laid themselves under heavy liabilities, to
suffer from the consequences of one of
those sudden reverses in the prosperity of
a State, which must occasionally take
I place, without entailing by legal enacttnenls,
a similar misfortune upon all whom
have, under a firm belief in the validity
of contractors, become creditors for large
amounts to the unfortunate. If men will
go in debt they should make up their
minilti Id riiii rial; nf roiispniinnrcH. xnrl
for the ciril authorities, because they have
unexpectedly met with disastrous results,*
to screen them from the obligations im?
posed on all debtors, is to encourage fraud,
dishonesty and injustice. What is right ,
or proper in the case of a portion of tilt
citizens of ^ State should always be so it)
the rase of an individual, in order tlut
the laws may be equal, yet were any Stall:
to grant a special privilege to an individ?
unI to go free from the poymeut of hit
liabilities for a particular period, on ih4
plea that he had been un.'ortunale and hid'
net, while involving himself, anticipated
the occurrence of dilHicuhies which would
prevent the fultilmenl of his engagements?"*
the measure would be spurned at b\ the
public at large as unjust in the extreme,
and well calculated to bring all legislative
authority into contempt. There can bo
no circumstances which in our opinion will
justify a State in ljHping her citizens from
the faithful exec^^fetffcf their contracts.
Contracts should as sacred and
binding by governments as the very principles
upon which those governments aro
based, and the moment a different sentiment
begins to pFevnil, the stability of civil
institutions becomes questionable.
Were the question property investigated,
wed ubt v? ry much whether st< ict scrurity
would not place it beyond tne power of
anv legislature to ai.tful and in.difv exist
in# coinl arts. JSucli power we regnr * as
being more properly ^yiveste-' in the pe pie
themselves, and t* 4>^exe'c'se s lely by n
convention. f-om#M?ia\ argue it is true,
thai r? lief laws d not m reality, impair
contracts, and being intended for tin advantage
of citizens, are among the adiuissable
acts of a legislature, wli se duty is to
make laws for the benefit o1' the citizens,
of a State. Hut it shou d be renu mbered
that an\ alteration ?f a contract, however
slight in jls nature, implies a power to in <ke
a further and greater change, until etentuaUy
the contract should be vi tuaily an: idle
i-or so far mod.fn d as to be near)) invalid.
Ther? is not nor ran be any meoiuua
ground, and the moment a contra"! is
touched, the same power may destroy :ts
f rcc entirely. Hut were it now possible for
a legisla'u e t-. exercise the past power < ver
contracts, the propriety of -uch a cou so is
ren ered donbiful fr >111 the fact that no
benefit may result fr<?m the change, while
on the contrary much injurt may be done.
Noonc doubts, we believe, at this day, that ^
K< mucky suffer, d more real injury from the
operation of her teliel law-., than 3II the
benefit h r di-tre-sed citizens rece ived by
their ni ; on he contrary, al admit that
ihev we re a curse to her, i..stead of a bene*
fit And w iih the experience of one State
to start upon as a basis, the beneficial ten- -
ileiicy of relief la v- may likewise he sel
aside, leaving, as we think, no ground upon
which to argue in ilieir favor
Rl 1.XICO.
The following is an extract of a letter
from a cm-respondent of the Baltimore
(Jazete, dated 128th ult.
" Never," says he, " has a revolution
exhibited i si If under a more foi midablc
aspect than the la.-i. On the 10th ot this
tiionih, Mexico was threatened with a contest
of the most Iri-h ful character. I he
whole population eiicumbereo tiie quarts
and principul stree s. All the stores were
closed ; th?- do>?rs barricuted, and each one
wit l' e m st fatal coldness waited the signal
f r pillage. Horses, carriages, sellars, peaceably
persons, all had disappeared to give
room to a wild population, vomited forih hy
the fauxhourgs!
i I e government exhibited a great d? al
of viuor: in a moment the great square was
covered with troops, who drove back the
people from all quarters. Numerous p.trols
were pi ced in all dir. ctions, and the unfortunate
people, ign. rant ot their great f rcc
were driven, chased away without obtaining
the le-.sl s.ifacion or iustiee.
, ' Y u cuimo conceive to what a state of
misery this beautiful city is reduced. 'I ho
government do not p y any thing, do not
even to the army which defend* it lie
s Idler, die employe, the pensioned widow,
are all dy ng with hunger ! The more the
public distress augments, the high r is tho
price <>f provisions; and a sack of con. is
sold at 815, which is more than three times
its vaiue. Another gri? vancc not less dreadful,
is jjie abuse -?f the copper coin. 'I ho
repul lie is flooded with ( ttai tillus. It seems ^
tlieie are no more ollars, at least they have
disappeai .'d to so great an extent that mcrcha
ts lose 40 per ce I upon the change in
copper, it was to reined; this evil that the
sage and wise ep> ties in t <ki g into consideration
the public calomiti? s, though it alonct
i ecessar I Inn ge 'lie va'ue of the ? tiartil* ^
l.s, ma'.'iig ihem wor h one half of their
nominal value ; and this they did by Iht la\v
V~- '
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