Columbia telescope. (Columbia, S.C.) 1828-1839, November 25, 1837, Image 2
rame tmwise doctrine. He vm called to ac
foiial in the severest manner. .The Irishman
rose to explain, ^Mister Speaker, by postheij
ity I d:d not mane got ancist?f3, but the gitie
ration that immediately sooecaded thim,-and
hence I say that a* -postbevity can do no good
to us, let postherfey tatoe $are of itself.'^ ^The
gentleman^* xcaseas for not legislating for
posterity are eqenliy lucid with those of the
Irishman. [Here &c-fonghteT" became so
loili, aad continued so Ion ig. that Mr. John
son caught the infection and laughed too.]
Thb sum*-. gentleman tells us, sir, of his.
vncing-for the kill brought iu in 1834 by Gen.
Gordon. . Chairman, when the ayes
and noes on that bill ware taken, just where
our distinguished Senator now sits, [.Mr*
Webster was sitting on the platform on the
left of the Chairman. All eyes were turned
towards b:m. He blushed to the eyes? pretty
good for a lawyer.'] I wax /philosophizing*
Some mcmbers.tttrbed palei-?-sOfi)e red? -some
fidgeted? son^e were silent, and Mme"walk
ed out of the House, when their names- were
called. -*But the-oW"hardened -sinners,- the
regular green bag politicians, never -blenched
or Mushed.< ; They voted with al the sang
frotd of the Indian. Among thelatfef,! no
ticed my able friend, the mem her Jfre ov Vir
ginia, Mr. Robertson. [Convulsed laughter.
Mr. R. blnshed this time.}
He talks, Mr. Chairman of divorce* Why,
air, he tried to marry the people toith*ssam?
measure to 1834; ft was a skeleton, then, he
says. Now, I have no love for skeletons. ? ?
How is it that this love has cooled down when
the Ctiairman-ef the Committee of W aysaisd
. Means has given his skeleton 3?h,. blood,,fok:
property and beauty 1 .. He Is now opposed to
the Sub-Treasury! means-.? then, he was for
it. Was it because the gentleman, being
scarce of tfeslr aOd "Mood himself/felt ? syih
pa thy* towards Gen- Gordon's bony skeleton!
?{Mr. R- is v?w thin.] F offend me ftoin
such nuptials ! - - [Poor Robertson looked as
if he could shoot Johnsons Laughter louder
than ever.] . . ? -
Mr. Johpeoo continued for one hour and a
half inthis felicitous strain, exposing the vani
ty, folly, ignorance and rascality of the. poli
ticians on the floor, of the House. I have.
f ?? the marrow of his discourse. He
wonad up by -showing the disastrous effects
?f Mr. CaSkosoV amendment upon the pro
ductive labor of die eountry. .
iOUISFILLE, CUfblNT^ ATI AND CHARLES
. TON RAILROAD. ?.
Is -consequence of the extensive circula
tion of a report,* that - tt is the- intention of
this Company to ubando* the route through
this State, and to substitute a route through J
Georgia, we have been requested to publish
the following extract from a recent Address
of the President to the Stockholders ? from"
which it will be seen, that this report is en
tirely without foundation. The views of the
Stockholder*, astndicated by the late pro
ceedings at Flat Rock, are here fully ex
plained. ? ' ?
The measures which it is proposed at this
time to .pursue, may he classed under the
ftltswing fceads, viz:?
1st. Tho -purchase of the Charleston Rail
Jload, and pushing our connexions through
that Road into Georgia, Alabama, and the
whole of' the South West.
2d. The extension of a branch from
Branchville, or some other convenient point,
to Columbia, and from thence as far as our
means may permit, by the best route, (which
ever that may prove to be,) thro* the centra
of the State, towards the mountains.
J J. An application to the Legislatures of
Tennessee and Kentucky? through* the Pre
side*. (who has ' been appointed by the
Stockholders a Comflv'ssio/ierto thfc^JStates,) ?
for their concurrence m the act granting
banking privileges, and also-for pecuniary aid,
with a pledge that any amount srhich may
be contributed by these States shall be ap
plied to the construction of the Road within
theirrespeedve limits. ~ r
It wiflbe seal from thi&Jtatement, that no
53ca exists at tin time, either' of abandon
ing- enterprise, or changing the direction
?frthe road, nof is it believed that a single
rofeeould have been obtained in the Con
vention for either of these propositions.
rtiatwc to what has been called the Georgia
route, coBcerning wh^ch much has of late
keen orntten and published,? the present
views -die Company, so far as I under
stand-&em, axe that a route through Geor
rtaeeuH not he substituted for one running
tkstngk the centre of South CaroGna, with
out pES&Knn* the following results, viz
1st. The immediate forfeiture of our
Chastens, 'both tor the Road and the Bank,
and the consequent 'dmeofcttion of the Com
pany. Our Charters hart been granted by
the States of North * and South Carolina,
Tennessee and Kentucky, and net by Geor
gia, aalthey do not embrace a Road passing
thiangh.*fcsc -Stale, but through the other
States above mentioned.
2d. But if this were not so, the adoption of
a route through Georgia, in the plaeeof that
propose*! across our own State, would im
mediately alienate from us Nortli Carolina,
Tosnoaeee ana Kentucky, and we should be
regarded as having deserted them on selfish
considerations, after making a solemn com
pact for the execution of a. joint enterprise
for common objects, equally beneficial to all.
34, There is every reason to apprehend,
that a large majority of the people /of our
own Slate would be alienated from tho en^ |
terprize, should the present plan be aban
doned and a route through Georgia be sufc
stitnted in its place, and that the State itself
would withdraw th ? subscription o fa mii lion
of dollars, if -it was not. to,J>e_appIitd to
making a Road withiit (^ur own limits.
To whatever extent o.ur Road may he car
.*i ed* it is indispensable, if we I*iean to secure*
iW fir g ps ft either of the Legislates? or the
people of South OoBna,
that tjs-c grouts ifceough the centre of
?State should not be abandoned. In conjunc
tion. with such a Road, they may consent to
the purchase of the Charleston and Haoi
fWi&sad* thus saaidiog us to push
^jjr through ?(hat' Road into
Georgia, Alabama, and tie South W est ? but
*&ef n*tfr jriil consent Ahat the resources of
tWftat esha? is to a Read running
on tbs fevlhcr*. b&4*r-qf the State ? to Augusta,
and it that ??#t fearing our State entirety^
The people of two or thrac d'?tri?ts might
be content with this, hat what would the
rieplc oC thf odi^r portions of the State say
-r do, with r^fard to such a proposition T A
^voad carried thjwtg^ Columbia, and from
$epc? by the bfst route, whichever that may
profetft be. to the mountaiz?, will' interest
gtate< aad-running nearly through
The cepttfe be within striking distance
to die people Of every part of the State, who
rrj&f eon no?t themselves with it by short
{.ranches* ox bf. f *
Hoad on the Sonihara fcoand^r.<^me ISUu
couid not poaiess these advantages. Our
jroer^iCT. therefore, would seem to be this
^ti53wselves advantages to
ft*
\ Charleston Hail Road, and at the w
to extend a branch from fffa* ^ . route
lnmbta, as a first step- w| aUcadtj
S;bISvKS!ff'?" Kr'St
the most friendhr relations, will meet us a
Viis-nsi fooiwheue* they will construct a
Rofd exteSlPg'ro frl thcTe
%il the advantages to be, derived from the
connections,, will, therefore, be secured to i
thrpugh the Chnrlestoh.andllfrmWg Road
which is already made to pur ^lids. Bu
whv stop here ? Can any one doubt the ira
. mense advantages that must grow out of the
^extension of a branch to Columbia,
thence ^ far as our means may permrt,
towards the mountains and beyond them,
even as far as Lexington? It may be said
that Tennessee, North Carolina and Ken
tucky, will aoi *id a*ia,the eptetpnze. -If
so, then (mr Rwtt^iv Of timiwe, not be ex
tended beyond the^ftmtts -of; out* own State.
But w^r ?
application now about to be made_ to_?them,
before ttme ttrJsflTeh a conclusion.?
At all events,, let, us -not abandon them^-nt
der the ^prehension thai they may abandon,
us- Our true policy under the existing cir
cumstances. seems to be-very obvious,. " >?
to secure bankin^rivlleges to the Company,
to be used Hereafter, vwh%Ji credit shall be
restored; to" obtain aid from the Western
States, tf practicable; ami- if not, to ascer
tain their the execution
oC the onemaf ^o} ecff to 'obtain ^Cifaries
. ion Rail Road, and make- arrangement, for
extending a tonchjp .(Jo^tpbia- rh<^ are
the measures recommenced by the sfocfc
holders- at- ttnwr ^ meeting, and ? which it
t* hoped all will cordiaMy imicvr. * Nothing,
I am aware, i^a*^ihan to excj.te d^trast ;
!w&fc confidence) jsD&only "a plant of slow
hxrowtb," but ]t ma^be blighted almost with
, * breath. It'iaou*. determination, however,
Uago steadily fomird with the work jom.
mitted to our hands, in full Teliance that we
shall be sustained by the Stockholders a
Country, Should webe disappointed in this,
aod a failure shaH be the consequence-the
fault shall -not be ou*s. , ,
ROBERT Y. HAYNE, President.
, ! t ? IC ? * 4 ' 1 T*
From the fforX#* American, Oct U- _
The second grand result then of the Whig
triumph in this State will be the early and sure
resumption of sptttcjpayments. .
We do not liazihrd this assertion lightly.
Our city banks bsyejby. a steady and corat^t
system of curtailments, brought downjheir
loans very much. TheBCtrcufation has^attbe
same time been diminish?*, wh.le the do
mestic exchanges It
As It was here upon the Jfiaboard'thatthed
i astrnns suspension 6r**?S
hence throughout tbecoantfy. it
should first be terminated. Character and in
terest are alike coneerted inbrtigmg it about
speedily. The tendency of alt things is en
couraging. Wltbr confidence revived, and
experimental quackery at an end, commerce
will revive too: the cfops going for ward, with
out anv thing Tike the ordinary orders for im
ports from J>road, V>K tend to reduce the
premium upon foreign exchanges, and rather
turn to than from our shores-the c"rr*? ?
specie. All these elements examined and de
liberately weighed h^e practrcal men who
will assembled hert^ the 27th. wi# enable
them, we cannot doubt, to designate the pen-,
od when-wTthoot rom*?nlookedforinteira?
tion or catastrophe- ^tbe bankrof New York
may and wiE resume specie payments; and
when the banks ofNetflftrkdo smothers must
follow. iSorac inconAaiettce and sdtt* toss
wfH ? while things are in ***** of transition
?be doubtless experienced^ no loss -or
inconvenience that can <ST should, be weigh
ed an instant againST the kigh obligation, mor
al and political, ^aff'patties, to co-operate in
restoring, at the earliest practicable moment,
the only true standaxdof value, ham vxsney.
It would or cours^be idle in us, with our
limited knowledge and means nf judging, to
pretend to say when precisely this penod will
be; but we bfeardti?!?, we apprehend, m
stating, that before the 1st of May, isl
and within less than a year, therefore, from
the period of suspension ? the banks of th?f
city will
< From the Missouri .Argus. Nov. 9.
Mob at Altos, ItxiNOis? the Rev. B.
P. Lovbjot KiU.^ A5PHis Abolition
Press DESTRoiEn.?The infatuated Lditor
of the Alton Observer to at length fallen a
victim to his obstinacy in the cause of the
Abolitionists. Disregarding the lino wn and
expressed sentiments of a large portion of the
citizens of Alton, in relation to his incendiary
publications, afid, a^frwuld seem, bent upon
his own destruction, l*e formed tbe determina
tion, to establish another press for the propa
gation of the odiotis and disorganizing ^princi
ples of Tappan and .his. eastern confederates.
But his temerityJia* received an awful retri
bution from the hands oTan infuriated and law
less mob. The following particulars of the
tragical outrage, is contained in a postenpt to
the Alton Telegraph of the 9th instant : *
L.VME5TABLE 0cCTR*5CE.? It IS With the
-deepest regreat that we. atop the press in order
to state that, at a late hour last night an at
tack was made, by a number of persons
on the ware-hopse clip. Messrs. Godtrey, Gil
own ac Co., for the purpose of destroying a
press, intended fonbe AHon Observer ; which
shocking to relate, m the death of
? two individuals-? t lie Jtfey; E. ]P. LOVE JO\ ,
late editor of tlje Obsmer, and a man named
BISHOP. ^ Sewnrothen- were wounded ;
two severely, and Oje, others, slightly. - We
Can add no more af thanthatthe
Plants succeeded ??ffedtmg their object.
1 1 ? i"
ToV e SloekffMAersin lJie
60.C K IftOX MANUFACTURING COMPANY.
AT & meeting of th# 'J*
Wd^tihe Chewkeelron Worlw, l^thSe^
tember, 1338, the ft.ltewiBf.Rwtolntwns w?re pa?ed,
of >hieh an coneefnetl ^
the wfcond, third, and fourth injtal
Stockrm lb? South Carphna Iron Man
jaentt on Jue as follows, viz: 25
utacmring lV*y^JrJatorv 25 pf-r cent,
p^r cent, on the . 18K-**?n<l'25 por cent, on the
first of Janoary r^^bove pavtnenti at the
Tliat a farioroto meet dnv? thereafter, with
time required, ^ ??~paid) wffl
intereet, (from the ftawr IflTpay^ ant already
be co n*kiere<l a forfeiture of the ^aoom ?
^oidw, to tho use of 1 WM^GIST, President.
4 ?aetinjrof the above Comjmny wilt take | plaee
for Jannary, 1833, on the 16th of the month, a
Cfe orokeo Iron WoIJ^MES A BLACK, Agent
Kings Mount Iron Company.
5o* ? 48 ^
f?ovia?K* 25th, 1837.
.ac^tobekaowoaod treatj^^ } LEGHAND.
; - ' 47 3t
1% KKAt^LBTTK* PR^ S^W^^
E&CV&* tc *h Aen*W*a?* DctfX&h Me TcU+- J {*
Columbia Scuscotc. j
5lfl'?|?A?,'llOVE>!8ERi5, lilt*
The iud vdlilnw? tff ?fins Statutes at
Large of Sot/Trt Carolina," is published,
and to be had at Cunnrogliam's Bookstore.
It is a royal Octavo, of 800 pages, hand
somely bound, f)rice ?3. '
The 3d volume is about half printed, and
will soon be finished.
We are gratified in giving to our readers
another essay from the correct and. spirited
pen of M Agricola," and in being able to
promise a third one in our next.
?? , > f ?
The Legislature assembles on Monday,
next. We know of no business of impor
tance to come before it, *and expect the
? Session to be somewhat shorter than usual.
The Charleston Courier is publishing a
?'letter from Mr. Legare to a Constituent, "
in which that gentleman defends and enfor
ces his course against the sub-treasury sys
tem. If we can find room, we shall publish
: it in our next.
We are indebted to the politeness of thfc
author for a copy of ^Lorenzo and Oenalas
ka, b^ Joseph Rocchietti," hut have not
had leisure to look, through it. It may be
had at the Bookstores.
The New York papers state that the late
election has already produced a most benefi
cial effect on the business and prosperity of
that great city ? that property of every des
cription has risen in value, and real estate is
enhanced twenty-five per cent. U. S. Bank
stock in Philadelphia is at 125.
A duel took place a few days since, near
the Roanoke, in North Carolina, between
Gen. Dromgoole, Representative in Con
gress from Virginia, and Mr. Dugger, of
Brunswick county, Va. Mr. Dugger was
shot Through the body and expired a day or
two afterwards.
It seems to be expected that two new U.
States Senators are to be elected by the
i Legislature of Georgia, Mr. King having
declared his intention to resign and Mr.
Cuthbert being expected to do so also. Mr.
Forsyth is spoken of as one of them.
The Ricktnond Whig , a paper conducted
with much talent and industry, and of great
? iufluenfce, has declared in favor of the Spe
cial Depositepten. The Enquirer has done
the same. The Compiler has come out for
a National Bank. These are the three pa
pers published at the Metropolis of Virginia.
As far as we have seen, every, paper of note in
that State is opposed to the sub-treasury
system.
We are gratified to perceive that the "hard
money htimbug" is fast becoming abandoned.
Even the Charleston Patriot now says
"We are not the advocates of a circula
tion exclusively jmtiUtt* -? We have never
contended for such insane doctrine. In re
gard to paper mone^ we are iorregulatien
not exclusion ." -
. The general tone of the press shews, we
think, that the discussion of this subject is
inducing such a preference of the Special
Deposite plan as to render it most probable
that it will be adopted at the next meeting
of Congress.
GOVERNMENT I U5UES OF PAPER MONEY.
The measure just adopted by Congress, of
supplying the wants, (or rather, the prodigal
ity) of the Federal government, by giving it
power to issue Treasury notes, we regard as
exceedingly dangerous. It is in effect estab
lishing agovernmentl$ank,underthe controul
of the President. If it isallowed to strengthen
into a system, it will prove very disastrous to
the currency, the commerce, and the liberties
of the country.
.Give any government the power of making
money, and it will never quit making it. -The
process of turning Paper into gold is too plea
sant not to be largely exercised. Abundance
of money occasions extravagance in its use.
What need to care about getting into debt,
when you can pay it off with the product of
the paper-mill ?
As the work goes on, the quantity of mo
ney causes it to depreciate in value. To
make up for the depreciation, an additional
quantity is issued. This occasions a still
greater depreciation, which is again reme
died in the same way, and again produces the
reaction, And thus it goes on, in geometrical
progression.
The credit system follow by the old Colo
nies, ought to be a warning to us. We have
lately s^en North Ca^olioa and^ gf assachuse#*
broughtlforward as examples. The experi
ence of South Carolina, being more ample, is
more instructive. Let us look somewhat into
its history.
: The first Act on this subject was passed in
1703; the title is."
" An Act for Raising the Sum \>f Fonr Thousand
Pound* on the Realand Personal R?tates,and ofand
from the Pro6taand Revenue* ofth? ? Intobitnntt of
this Province, and establishing nfHUb of Credit for
satisfying the Debt* doe by the Public on account
of the late Expedition against St. Augustin.
After imposing a direct tax of four thousand
pounds, the Act proceeds,
"And whereas the said tax of four thousand pounds,
herein mentioned, is raised to defray and satisfy such
persons from whom any goods, provisions, ammuni
tions or vessells were taken up for the late expedition
against St. Augustin, and to satisfy the debts now
owmz by the pablick, which would not be done pre
sently without pressing too ha^l upon tne inhabitants
of this Collony, and that it would also be hard upon
the persons who hare trusted the country to be so
Ibw witbont a due payment of their debts. For rem
edy, tkereof, and following the examples of many
great and rich counfies who have helpt themselves
in their exigences with fundi of credit, which nave
fully answered the ends of money and ?i*?n the peo
ple bestdeta quick pireulntion of the?P trade and cash.
Be it enocieaky the QOthpriiK aforesaid, thnt it ghall
aqdmay bf lqwfi}H to a no for the publick Receiver,
together with the assistance of Colonel James Moore,
Alexander PVirris. Esq , and Jamcs_ Serurier als
'Smith, Cqmiqutfionpft hereunto appointed, to make
or cause'jp fye. iQade a certain number ofBiHsof Cred
it. the fewest begining at fifty shillings arid the high
txrt jollity pounds, amounting in etl to the
sum ot &t Thousand I*i>aads ; which mHb&t shall
by the said Receiver be given tn payment onto such
persons uflt? tyhomthe country is indented.
" Andbe it further enacted hy the authority rjforesaid,
^nt the Receiver for the time being snail receive
and take in payment of dues, duties or taxes coming
to the public, w said bills. -?
And to make the said bill valuable amongst ine
people, Beit enacted, That twelve pounds per cent,
interest per annum shall be allowed on the said mils.
And be it further enact rd , That the said billi ?hall
l?C reckoned and taken from the day of the ratification
of this Act to be agood payment and tenderin law, and
if nnv person of persons shall refuse to take and re
ceive the same in payment, he or they so refusing
shall forfeit double the value of such bills so refused.
In 1706 an act was passed which provides
that " the publick" being unable at that time
to pay all its debts, 44 those persons whom
this preseut Assembly shall judge and nomi
nate to be most in need of their money," shall
be first paid, and the order in which the other
creditors are to be paid to be determined by
lottery. The penalties against those who
refuse the 44 bills of credit" are re-enacted.
Tn 1707 an act was passed to the following
purpose.
"Whereas, it hiehly concerns us, the representatives
of the paople of this Province, to keep up the publick
faith and credit* and knowing it to be our duty, in
Honour and justice, to satisfy the publick debts, as
als<?to finUh the fortifications about Charlestown,
in vrder, therefore, to perform the same, and that all
former bills of credit may be called to nnd cancelled,
^nJ others made and established in their rooms for
l^h^ payment of the said debts.
Be it enacted, That immediately from and after the
ratification of this Acs, it shall and may by lawful fo
add fbr tbe honourable Colonel Thomas Broufhton,
. Xandgrave Thomas Smith, Captiip Thomas- .Neirn,
pWfS^m&mith atf>Hiciuutf Bradford. Esqra^Com ?
missionecs thereunto a- pointed, who are heYebv re
f<qarrOd to undertake and perform the same, to make or
cause tu be jnade, a. certain number of new bills of
"credit, to ihe value of eight thousands pounds,' which
said bills shall by the Receiver hereinafter named,
and by the Receiver for the time being, be given in
paya^ent, to such person and persons to whom the
otfontry is indebted. .
And be it enacted by the authority aforesaid. That
every person or persons in this Province now piissess
edafany of the former bills of credit, shall bring the
same to the public Receiver in Charlestown, woo is
hereby required to take the same ai d exchange and
give to such persons such and so many new bills in the
room thereof, as will amount to the like sum and val
ue of the old bills delivered up, \
And moreover, if any person <y persons shall refuse
to take and receive the same in payment, he or they
so refusing, shall forfeit double the value of such bills
so tirfuaed."
The next act is in 1712, but it is not now
extant. The title is,
,-^n act for Raising the Sum of Fifty-two Thousand
! Pounds, by stamping and establishing new Bills of
1 Crei it and puUing the same out to interest, in order
to rail in and sink the former Bills of Credit, and there
by give a further encouragement to Trade and Com
merce."
The consequence of this mode of 44 en
couraging trade and commerce" is, that in
1715 we find a direct tax of thirty thousand
pounds imposed, for the purpose of redeem
ing a part of the bills of credit.
It 1716 fifty thousand pounds more of bills
of -icredit are issued, and to provide for their
redemption and that of the preceding ones,
atA of ninety five thousands pounds is laid
oh the citizens of the Coloney. The act has
tbtffollowing provision.
**And be it further enacted, by the authority aforesaid,
Thjltin rase any merchant or plnnter.or other person
having any goodie wares, merchandizes, corn, rice,
peafte, pitch, tarr, turpintine, or any other commodity
whatsoever, jind being willing to sell and dispose of
the' same, and shall refuse ro sell the same for the
aforesaid hills of credit of Thirty thousand Pounds,
JBve Thousand Pounds or Fifteen Thousand Pounds,
st'airiped as aforesaid, being duly tendered in payment
for the same, he, she or they refusing shall and may
be prosecuted by indictment at the next General Ses
siohs of the Peace to be bolden for this Province,
and be'ng ihereof convicted, shall for every snch of
fence or refusal, have a fine set on him by the Chief
Justice fof the time being, of tre the value of the
meftey so tendered in payment. '
[We wonder that this plan of keeping up
th^credit of government paper by indicting
tho$e who refuse to take it, has not yet oc
curred to that profound financier, Mr. Wood
bury. We recommend it to his considera
tion. It will be quite as legal, as most of his
measure* and more efficacious.
-7$ie next act is in 172*2.
"Whereas, it is very uncertain what quantity of Bills
of Credit-are now current in this Province, many of
thert being counterfeited, and they .>eing now so old
that it is absolutely necessary that t hey should be call
ed inand reprinted ; and whereas,by reasonof the late
great- floods, many of the inhabitants have lost their
crops, and most have suffered so much by the same
thatlhevare rendered .incapable to pay the yearly
tax accessary to be raised for the support of the Gov
ernment of this Province ; therefore in order for the
reprinting of the Billsof Credit now in th.s Pmvince
and paying off the publick debts and providing for the
contingent charges af the Government,
" Beit ' nacted , That there be printed the sum of
one hundred and twenty thousand jounds, m BUls
0f it further enacted, That all and every the
afortoatd bills of credit, to he printed and isued out by
virtue of this Act, shall be current in all pay ments for
the sum of money therein mentioned, and shall he
taken and deemed a good tender in
any person shall refose to accept any of the said bills,
beinslehdered in payment, that the person who shal
have tendered the same may o?any action brought
for the sum so tendered, give such tender, refusaland
this Act, in evidence, on the general issue pleaded,
which shall be taken and dee?nelas an al^lute dis
e' if the said debt, and shaU perpetually bar the
?from recovering such sum so tendered as a
This is as far as we have yet traced the
subject. - In twenty years, the quantity of
bills issued was increased from six thousand
to a 'Hundred and twenty thousand pounds,
and; became so much depreciated as to bp
worth only 15 or 16 cents to the dollar!
Specimen of the early legislation of South
Carolinar-extracted from the 2d vol. of the
Statutes at 'Large, just published.
laying a Tax or Duty on Skins
or Fvrrtifor the publick use of this Proving
and jfcegulating the Indian Trade.? A. D.
1601. r:
Whereas, in the former several invasions
of this .Colony, the want of a publick treasure
hath occasioned such delays in the prepara
tions, tfnd in providing and setting forth such
necessafr provisions, men, arms, boats and
ammunition, as might easilv (by God's bless
ing ) have repelled and utterly defeated the en
emy, which for want thereof, have inflicted
and douc great depredations on the persons of
theire Hajestics subjects and estates in this
Coilooy;
the settled part of th'isColtoir^^cannot pos
sibly upon the like occasion, if any such hap
pens (which God forbid) personally give their
SsisUDce m defence of this Collouy,
Be It therefore enacted by the Pallatise and
the rest of the Lords and absolute Proprietors
of ^is Province, by and with the advise and
consent of the Commons, in this present Par
liament assembled, aod it is enacted by the
authority of the same, That a tax or dut^r be
laid and; leavyed <*n all. Skins and Furrs ex
jjorted froru *ay part of this Province, frota
In?} after the ratification of this prose-: Act,
acccffdftig to subhf rates and in such manner
and forme as hereinafter folio weth, tbat jsto
say, for ev try Deer Skin not stamped or tann
ed, three pence, for every pound averdupois
of Bearer, searenpence halfe penny, for every
Otter Skin, three pence, for every Fox or Catt
Skin, one peony, for every Boare Skin, six
pence, and for every Racoone Skin, one halfe
penny*
THE LATE WHIG VICTORIES.
At length the efforts and constancy of the
Whigs are beginning to be rewarded with
success. We are, we confess, fully as much
surprised as gratified at the result of the late
elections in New York. So deeply did the
people seem to be sunk in degradation and
folly, that we scarcely honed to see, for ma
ny a day to come, the altar of J.'l^erty in this
country kindled with a new flame; Certain
ly we could not expect that the fire would
first burst forth in New York, a State here'
tofore the chief support of the dominant par
ty, and which had just put Mr. Van Buren
into the presidency, by a majority of 28,000
votes.
The Assembly of New York now con
sists of 101 Whigs, and 27 Vanites ? the
Senate 11 Whigs and 21 Van Bttren. Last
year there were 34 Whigs and 94 Vanites,
and 5 Whigs and *27 Vanites. Whig gain
50 or 60, DOG rotes. ? ? - " ?=
In. Massachusetts^ ^ 'there it net enough
Van Burenism left to make a remark Upon.**
These are deattH^blowi tothetjriAn^ now
in power. Tne results we thwk+ivilf'fee,
A speedy change in the oamptmtioa of
both Houses' of Congress. .
The destruction of the hard money hum
bug. :
The abandonment of the smb-treasury
scheme.
The turning out of Mr. Van- Baren from
the Presidency, at the end of bis four years.
A reform in the administration of public
affairs.
COLUMBIA JOCKEY CLUB RACES.
Monday Nov . 20, 1837.
A sweepstake, 2 mile heats, for colts and
fillies, 3 years old, entrance $100, h. f. 14
subscribers, 2 started.
Col. Singleton's ch. c. by Luzborough
dam Phenomenon, 90lbs. - - 11
Col. J. H. Hammond's br. c. by Eclypse
dam Arcadia, 901bs. - - ? 2 2
Time? -4, 3, and 4, 9.
Tuesday, 4 mile heats .
Mr. M. L. Hammond's ch. h. Hickory
John, by John Richards, -dam by
Hickory, 6 years old, 120lbsi.- - 11
Mr. R. C. Richardson's b. c. Del vi lie,
by Bertrand, jr. dam Coquette, 3
years old, 90Ibs. - - - 2 dis
Col. Hampton's b. f. Mil wank ie, by
Bertrand, dam Rowena, by Sumter,
4 years old, 99lbs. v - 3 2
Col. J. H. Adams's g. c. Leiber, by
Monsieur Tonson, dam by Oscar, 4
years old, 1021bs. - - v" - 4 dr
Time ? 8, 8> and 8 13.; .
Wednesday r 3 mile heats. ?
Col. Hampton's ch.f. Charlotte Russe, 4
own sister of Trifle, 4 year?old, fttlbs 1 1
Mr. M. L. Hammond's b^g. Blue
Black, by Van Trqmjvda^i hy Sir
Archie, 6 years old, 117lbSt2i r ?> .2 2
Time ? 6, 2 ; ' and 6, lifr . .
A Colts' Stake, for .3 y^a rs old colts
and fillies, 6 subscribers, 2 staged.
Col. Hampton's b.f. Emily, by JSuiilius,
dam Elizabeth, by Rainbown87lb?. 1 1
Mr. M. L. Hammond's ch. e.^Gerow
by Henry, dam by Fclypse, 901bs, 2 2
Time ? 3, 56: and 3, 58.v
Thursday , 2 mile heats.
Col. Hampton's b. c. (imp) Monarch,
by Priam, out of Delphina'bysWliis
ker, 3 years old, 901bs. - . - I \
Dr. J. G. Guignard's b. m. Gabriel)*,
by Sir Charles, dam by ShylQck,. 5
years old, 109lbs. ' - ^ 2 dis
Mr, R. C. Richardson's ch. m. Betsey
i Baxter, by Crusader, dam by Little
Billy, 5 years old, 109lbs. 3 2
Mr. M. R. Smith's ch. c. Short, jtob
bin, by Marcellus, dam by Darling
Dove, 3 years old, 90lbs. - 4 dr.
Col. J. H. Adams's g. c. Lei box, by
Monsieur Tonson, dam by Osctr 4
years old, 102lbs. - ~ die*
Mr. P. McRa's ch. f. Ellen Percy, by
Godolphin, dam by Bedford, 3 years
old, 87lbs. - - - . dis
Time ? 3, 55 and 3, 58.
Friday , mile heals , best 3 t
Mr. M. L. Hammond's ch. m. l^ra
Harrison, by Eclypse, dam by tSla
tin, 4 years old, 991bs. ' -J- * * ^1
Mr. R. C. Richardson's b. c. Delrnjp, ? *
by Bertrand, jr. .3 years old, 901&. 2 dis
Capu Colclough's ch. h. Wi!cox,;fy ^
Sir Charles, out of Wilcox mart,
years'oW, UKtb* 3
Mr. P. McRa's ch. g. Eclat, by <W*1
phin, dam by Kosiusko, 4 years *' ?i
102lbs. - ? ? ..: b 4 3- 2
Time? 1, 37: 1, 54 ; 1, 57, :.
REMARKS.
The course rery sandy and heary.
Tuesday's race. Hickory John, certainly
a rery fine horse, finished the 2d~heat with
a hoof split, and the race wduld hare been
won by Milwaukie had there been thirty
yards further to run.
Delrille was distanced by the mistake of
his rider, who pulled up after the 3d round.
Wednesday's race excited special* interest,
Blue Black being regarded at present as the
crack horse of Georgia, He wasi, however,
beaten with perfect ease by Trifle's splen
did sister. Near the Judges's stand, there
waj WOT? *hap a distance between them,
when Col. Hampton, with characteristic njag^
nanimity. dieted the ip^re to be Willed in
and not to cross the line until her adtago
oist had ?aine^ the distance pqft* J '
, The colt tape was pretty, hut was hand
I somely won by Em"*- although-* starting
betting was 9 to 1 on Georgia* ?
Thnrfdafs n* The
winner on this occasion, Is worthy to &e is
the same stable with Charlotte Russe.
Gabriella had a very bad start, which lost
her 70 or 80 yards.
Friday . Delville% iu the second beat, hap
pened to get a start so bad as to lose him
more than a distance.
Saturday , The Hampton plate _was open
for entries to-day, but the b. c. Monarch
(imp.) entered by Col. Hampton, finding no
competitor, will walk round the course and
I take it. N
COMMUNICATIONS.
M*? Editor ; ? I now propose to consider
the Sub-tfeasary plan, and the proposition
to demand the dues of the government in
splfie. Before entering upon the subject of
the Sub-treasuries, it may be well to disen
cumber ii pf all influence from the assertion
so often made, tn^' in 1834 this measure re
ceived the undivided support of the op pOtf*
tion. This has been so often asserted .by the
new converts, that if they do not believe it
themselves, they may have persuaded otherv
of its truth. I meet the assertion wills a flat*
and round denial. Out of Congress the pro-'
position never waf discussed or ewesidered by*
individuals or by the press, and M Coqgreas*
it received no snch sanction as fFwir" Kpiiftfll
ofr. The proposition to tefet the subject 'to
a committee, with instnictioWto'rej&frt&is
best plan of dispensing with banks,* -did*
ceive nearly the whole opposition votfe . Et
ery one knows that a vote opon a question of . ...
this sort is no committal whatever in frrsr of
the measure. It is a matter M courtesy to
the mover, as much as to say, Go to the
committee with your proposition ; make it as
perfect as you can, and when it comes before
the House we will consider of it. Snch waa
the real truth of the matter, as every one ac
quainted with legislative proceedings knows,
and as was declared by Mr. Wise to have
been the case from bis seat on the floor, and
without contradiction, and as is proved be
yond all doubt or cavil by the fact that whetr
this measure itself was voted on in the House*
it only received thirty-three votes, and only
three of the seven State Rights votes from
this State. It will not do to say that the
smallness of this vote was on account of the
details of the bill ; they were within the con
trol of the House ; and if the principles had
been approved and adopted, those details
could have been perfected. Gen. Gordon,
the mover of the measure, expressly said-?-.
41 It is true the amendment is elementary on
ly ; it proposes the germ, the distinguishing
feature only of the plan I propose ; but, were
this agreed upon, how easy tcould it be to go
on and perfect the details .**
Here is the great principle nakedly pro
posed, with ample power to perfect the de
tails, and only thirty-three votes are found in
its favor, whilst the vote of ninety-one, on the
mere courtesy of a reference,' is vaunted as a
decisive expression of the views of tbg oppo
sition. Such -a trick may serve its turn with"
those ignorant of legislation, and, X. way add, .
of every thing else^ but if I tm not mistaken
it can 'deceive but few. The measure was
not even proposed in the Senate f where
were then the 'State Rights sentinels of that ?
body? When this great conservative mea-'
sure was proposed, a measure which was qpt
only to cut down the then terribly increasing,
although now harmless patronage of the ex
ecutive, (that patronage which is now pre
cisely what it was then,) but was to produce
that separation of the government from bank*
which is said to be the sovereign panacea
which is to give health and vigor to the trade
and resources of the South? most stnwge
that they not only did not rally in support of
a measure of such inappreciable benefit to
the whole country, and especially to the
South, but that they were found adfjcatiog
a recharterof the United States Bank,?n in
stitution now said to be unconstitutional,
hostile, if not fatal, to the public liberty, de
structive of the rights of the States, and of
the peculiar interests of ths South. It will
be remembered that this was in the sesision
of 1833-4, just at the close of that .unequal,
dangerous, and gallant conflict KrhiA oar
State had been for ten long years waging
against consolidation and Northern influence,
when the cockades were not ye t taken oflT
our hats, when, almost without a figure, I
may say, our beaicon lire* were yet "blazing?
was it at such a time that the most trusted
and trustworthy of 'our statesmen proposed to
give to the federal government, arpron* ^
consolidation and to anti-Souther? tende%-.
ties as the sparks to fly tlpWh, this most
dangerous aid' }xTe*jistityf *ui-$k^hetn ajpl
consolidating eugtpel'1 I j* nU sincerity
that I aoi wte ttof $d aOv X. ?
hatrfc too much respect for than to thiak
otherwise. But | confess that if^tjiey ?*?...
right now in all the terrors which they ex
press of a. United States Bank, it is a rery
great subtraction from my confidence-!? them
as leaders, that they were then so very, very
much iu error. A United Stat- Bank is no
more dangerous now than then, howetor rt
may seem *> to thoae who Tiewed ,t through
the different media of party fttflneo^ . npi
?o excuse to say that it wasonly preposed It*
recharter for twelve years. If that institution
has half the power now attributed t? k, twelve
years is the same as twelve hundretf; it wool*
hare spread its cancerous rOots all over the
land, and any future renewal ofijs charter
would badly taw !??? H ?
said that >t was oeceesaiy to recharter that
bank that it might "no-bank th?
meaoiog ?hat the cpoouj h.d g?oe *'*>.
femkiag s^tem th^ it mold can*M fe
mucbw fering to check it alTtf once. -
it-So happed A* *** has 8on? ***+
as far sinbe in the banking system ; that the
disease of banking is twice as b?gh at it waa
then; and therefore &e danger Of afcbdek *
twice as great, *d4. the wisdom as muoil