The Camden journal. [volume] (Camden, S.C.) 1836-1851, January 04, 1840, Image 3
banking system of the United States, sub-i
* ject the former in their turn, to the money
power in Great Britain. It is not denied
that the suspension of the N. York banks,
in 1837, which was followed in quick succession
throughout the Union was produced
by an application of that power, and
it is now alledged, in extenuation of the
present condition of so large a p >rtion of
our banks, that their embarrassments have
arisen troin the same cause.
# # # *
" It is moreover a principle, than which
none is better settled by experience, that
the supply of the precious metals will always
be found adequate to the uses for
which tliev were reauired. They abound
in countries where no other circulation is
allowed. In our own states where small
- notes are excluded, gold and silver supply
their place. When driven to their hiding
places by bank suspensions, a little firmness
in the community soon restores them
in a sufficient quantity for ordinary purposes.
Postage and other public dues have
been collected in coin without serious inconvenience,
even hi states where a depreciated
paper currency has existed for
years, and this with the aid of Treasury
notes for a part of the time, was done
without interruption, during the suspension
in 1837. At the present moment, the receipts
and disbursements of the Government
are made in legal currency in the
largest portion of theTJnion?no one suggests
a departure from this rule; and if it
can now be successfully carried out, it will
surely be attended with even less difficulty
when bank notes are again redeemed in J
specie.
# * # #
"I am aware it has been urged that this j
control may best attained and exerted by |
means of a Natioual Bank. The consti- j
tutional objections, which it is well known,
I entertain on this subject prevents me in j
^ any event from proposing or assenting to j
that remedy, but in addition to this, I cannot,
after past experience, bring myself
to think that it can longer be extensively
regarded as effective for such a purpose.
The history of the late National Bank
through all its mutations, shows that it was
IWt 3J. i
Two-thirds of the message are occupied
with the B'tnk question?and in extracting
we hare endeavored to select such paragraphs
as appear most prominent in the j
expression of the President's sentiments, I
on this great political question.
"The weight which presses upon a large
portion of the people and the states, is an
enormous debt, ft?reign and domes! ic. The J
foreign debt of our states, corporations and
men of business, can scarcely be less than
two hundred millions of dollars, requiring|
more than ten millions of dollars to pay
the interest. This sum has to be paid out
of the exports of the country, and inust of j
necessity cut off imports to that extent or:
plunge the country more deeply in debt;
4W\nr* i'oor trv tronr I
liVIII T VUi IV J vu*
? * #
Fortunately for us, at this moment,
when the balance of trade is greatly against
u?, and the difficulty of meeting it
enhanced by the disturbed state of our
money affairs, the bounties Providence
have come to relieve us from the consequences
of past errors. A faithful app!i-;
cation of the immense results of the labors |
of the past season, will afford pania! relief
for the present, and perseverance in
the same course will, in due season, ac-;
complish the rest.
* * # #
" But let it be indelibly engraved on our
minds that relief is not to be found in expedients.
Indebtedness cannot be remedied
by borrowing more money, or by
changing the form of the debt. The balr
a ? _i _ a. i_ _ A j
ance 01 iraae is noi 10 ue lurnea in our
favor by creating new demands upon us
abroad. Our currency cannot be improved
by the creation of new banks, or more
issues from those which now exist.
"Although these devices sometimes ap
pear to give temporary relief, they almost
invariably aggravate the evil in the end.
It is only by retrenchment and reform, by
curtailing public aud private expenditure,
by paying our debts, and reforming our
banking system, that we are to expect of.
fectual relief, security for the future, and
an enduring prosperity. In shapmg hie
institutions and policy of the General Government
so as to promote, as far as it can
with its limited powers, these important
ends, you may rely 011 my most cordial
co-operation.
That there should have been, in the progress
of recent events, doubts in many1
quarters, and in some a heated opposition
to every change, cannot surprise us.?
Doubts are properly attendant on all reform;
and it is peculiarly in the nature of
such abuses as we are now encountering, i
to seek to perpetuate their power by means
of the influence they have been permitted
to acquire. It is their result, if not their
object, to gain for the few an ascendancy
over the many, by securing to them a monopoly
of the currency the medium thro'
which most of the wants of mankind are
supplied?to produce throughout society a
chain of dependance which leads all clas-!
ses to look to privileged associations for
the menns of speculation and extravagance
?to nourish in preference to the manty
virtues that give dignity to human nature
a craving desire for luxurious enjoyment
and sudden wealth, which renders those;
who seek them dependant on those who
supply them?to substitute for republican
simplicity and economical habits a sickly,
appetite lor effeminate indulgence, and an
imitation of that reckless extravagance
which impoverished and enslaved the industrious
people of foreign lands; and at
last, to fix upon us, instead of those equal
political rights, the acquisition of which was
alike the object and supposed reward of
our Revolutionary struggle, a system of
exclusive privileges conferred by partial
legislation. To remove the influences which
bad thus gradually grown up among us?
to deprive them of their deceptive advantages?to
test them bv the wisdom and i
i J . .1 n" 1*1^1
irum?to oppose me lorce wmcn iney con- j
centrate in their support, all this was
necessarily the work of time even among
a people so enlightened and pure as that
of the United States. In most other countries,
perhaps it could be accomplished thro'
that scries of revolutionary movements
which are too often found necessary to effect
any great and radical reform; but it
is the crowning merits of our institutions,!
that they create and nourish in a vast tnajo- j
rity of our people a disposition and a power
peaceably to remedy abuses which have
elsewhere caused the effusion of rivers of
blood, and the sacrifice of thousands of the
human race. The result thus far is most
honorable to the self-denial, the intelligence,
and the patriotism of our citizens; it iusti
fics the confident hope that they will carry
through the reform which has been so
well begun, and that they will go still fur-;
ther than they have yet gone in illustrating
the important truth, that a people as free
and enlightened as ours, will whenever
necessary, show themselves to be indeed
capable of self government, by voluntarily
adopting appropriate remedies f>r every
abuse, and submitting to temporary sacrifices,
however great, to insure their permanent
welfare.
A lawyer in New York named Cornelius
W. Terhune; has been ariested anil
committed to prison fur forging the name
of o ie of his clients to an order for ten
dollars.
Fatal Bi'el.?A duel was fought with
rifles near Tallahassee, Florida, between
Gen. L. Read and Col. Augustus Alston,
in which the latter was killed, the hail
passing through his heart the first Ore.?
The difficulty originated in a political contest,
whi-h created considerable excitement.
Fresh Siiad?Were served up at the
it .1 l_a i r*. _ aia.i
l/iiy rioiei, oavaunau, ueu. on mg ~uui
ultimo.
The Packet ship South America arrived
at New York, brings dates from London
to the 21st ami Liverpool to the 22:id Nov.
We have not space for much of the matter
furnished by this arrival. We clip
from our exchange papers the following
items.
Messrs. Baring, Brothers & Co. have
addressed a letter to the Hon. Daniel
Webster, propounding the following inquiry;?"Has
the Legislature of one of
the American Stales legal and constitutional
power to contract loans at home
and abroad?"
The aiKwnr of Mr. Webster mav he
summed up in the following quotation from J
his answer, "that the Legislature of a
State has such power, and how any doubt
could have arisen on this point; it is difficult
for inc to conceive."
The Duke of Wellington was dangerously
ill.
Further Chartist disturbances had taken
place in Wales.
The Cotton market was sustained at an
advance of a haT penny per pound during
the ten days preceding the sailing of
the S >uth America.
Money was still scarce. The bullion
in the vaults of the Bank of England had
increased somewhat.
Arrangements were in progress for the
: "
Lord Melbourne, it is asserted, has
given it out that he shall resign before the
meeting of parliament. When Prince
Albert comes, Melbourne will say?
-O'hello's occupation's gone."
Mr. J >hn Lauder, companion of his
br ?iher Richard (deceased) in the expedition
in Africa, is dead, at the age of 33,
from a disease in the chest, contracted in
his travels. He was in the customs.
An improbable story is in circulation,
that an American quack Doctor, named
Israel, 93 years of age, is a leader in the
Welsh riots. Ccntennarians arc not generally
propagandists
The British naval f >rce in the Mediterranean
now consists of 15 line of battle!
ships, 5 frigates, 5 sloops, 1 brigs, and 1 j
cutter oi war, i steatn tngatcs, i smatn
tender, I recciving-ship, and 5 steam
packets, and 1 bombard in the Post Office
service?a much larger force in time of
peace than at any period during the late
war.
Adv'ccs of a pacific nature are said to
have been received from Mehemot Ali,
who, however, still insists on holding the
province of Adana. Ibraham appears to
have his hands full in Syria, which con
tinues in a state of general insurrection.
Troops to the number of 7000 were
hourly expected at Toulon, to go over to
Africa to replace the " army of occupation,"
who are literally entitled, it would
appear, to that appellation, as most of
the unfortunate soldiers had, by the fatal
prevalence of disease, become permanent
tenants of that country.
Trouble exists in the French squadron
in the Levant. Three of the principal
captains have been sent home under arrest.
The effect of the news carried out by
the steamer Liverpool was to suspend further
operations in silk for the American
market.
Liverpool, Nov. 20.
The demand for Cotton has continued
good, the sales since our last, the 10th,
being about 20,000 bags, of which speculators
have taken 5 to 0000, and prices
have gradually advanced, being now 3-4d
per it), above the quotations three weeks
since. Trade in Manchester is better,
but prices of yarn and goods have not improved
in an equal ratio to raw Cotton.
CAMDE* PUICI3 CURRENT.
JANUARY 4.
ARTICLES. PER $ C ? C
Beef, in market, lb 5 a 7
Bacon from wagons, lb 11 a 12
byretail4 lb 14 a 15 .
Butler, lb 15 a 25
Beeswax, lb 20 a 25
Bagging yard 18 a 25
Bale Kops lb 10 a 14
Codec lb 14 a 15
Cotton lb 7 a 8
Fiour bbl 4 75 a 5 50
Feathers from wagons, lb 37 a 40
Fodder cwt 1 a 1 25 I
li.dcs, green, lb 5 a 7 t
dry, lb 10 a 12
Iron Civt 6 a G 50
Liino eask 4 a 4 50
L:<rd lb 12 a 15
Leather, sola lb 22 a 25
Molasses {jfl* 45 a 56
Outs bushel 45 a 50
Oil, currier's gallon 75 a 1
lamp gallon 2
linseed gallon 1 10 a 1 25
Pork c'.vt G 50 a 7
Rico civt 6 a G
Sugar lb 10 a 13
Salt sack 3 75 a 4
Tallow lb 12 a 14
Tobacco, m mnfac turcd lb 10 a 50
11
MAIL A lilt A.VCEM E.NT.
Northern Mial, due every day at 5, a. ni.
("lores every day at 1, p. in.
.Southern or Columbia mail, due every day
at 5, p. m.
Closes every day at V, p. m. i
ilTI?Letters for Charleston, are made up
every (lav, and sent via Columbia.
Sumterville mail, due every Tuesday and'
I? ni sit* nl S n in.
Closes every Wednesday and Sunday at 4,1
P- ?? . "I
Siah burg mail, every Wednesday and Fri-;
day, at 8, p. m.
Closes every Wednesday and Sunday at.
4, p. in.
Lancaster mail, due every Monday and:
Friday, at 3 p in.
Closes every Wednesday nnd Friday, at!
6, p. m.
Yorkville mail, via Libi rty Hill, due every
Thursday, at 1(5, a. m.
Closes every Thursday at 1, p. m.
?Cf=The office will he open on the Sabbath,
!".>r the delivery of papers and letters;
from 7 to W, a. in., und i > the evening one
li >ur alter the arrival of ihe Columbia
mail. P. THORNTON, r. M.
FORSALk
The President and Directors of the Bank
of the Stale of S. Carolina, and William
O. Nixon, versus P. J. Lucius.
BILL FOR FORECLOSURE.
IN pursuance-of an Order of tin* Court o
Equity of Kershaw DKtiirt, I will offer
for sale at the Courthouse door in Camden,
on the
FIRST MONDAY IN FEBRUARY
next, the foil wing valuable Plantation, or
TRACT OF a. A AO,
situated in K'-rsl.aw District, on the
W est side of the Wateree River, and
bounded to the east and eastward by the
said river and William Ancrum's land,
south and southward by Jos ph English's
laud, which is marked by a ditch, running
iron inc hcck liiDd, iitar me river, iu unwest
and westward, part of the way thro'
lite swamp, and the lint continuing that
course to Spears' creek, and on the west
side ol Spears' creek, hounded to the south
by lands belonging to the Estate of Thus.
Hopkins and Joseph English's pine land,
and to the west by lands belonging to Daniel
O'Q'iin, soli! to him by Joshua Eng-'
lish, Sen. and to ihe north by James C.
Doby's land, which is niarkcu by a ditch,
running from the river west or westward a
part of the way to Spears' creek, and also
the pine land on Spears' creek, a!i on the
north hounded by James C. Doby's land,
containing Two Thousand Actes, more or
less.
Terms, Cash?purchasers to pay for necessary
papers.
J. W. LANG, Com'r.
Di e. 29, 1939. [5t5 pr. ad. 65 75.
WA?\T SOD.
AS an apprentice to ihu Printing Business,
a youth front 11 to 15 years of age.
Dee.
Garden Seeds.
THE subscriber has just received a complete
assortment of fresh and genuine Garden
Seeds, with which he will be happy
to supply his friends on fair terms, and
warrant tltein good.
JAMES R. McKAIN.
Jan. 4.
Notice to (customers.
THE subscribers would inform their
friends and customers that they have now
on hand an extensive assortment of
DRF GOODS,
Hardware and Cutlery,
which they will dispose of on a credit of
one year as low as can be obtained elsewhere.
To those who wish so avail themselves
of the advantages of cash purclnses, a discount
of
rr*r* i>rn rr%TT
JLJUl^ M. BLJ 1? JL
on their usual prices will he made, on all
sums over ten dollars
As they have determined not to do business,
hereafter, on a credit of more than
one year, they feel assured that the reduced
prices now put upon their Goods will
give satisfaction.
MURRAY & BONNEY.
Jan. 1,1840. 6t5
M. B.?All notes given for purchases
mad?- in 1837 and 138, will be placed in
the hands of an attorney, if not paid before
Return Day. M. Ac II.
NOTICE.
THE Co-partnership ofShannou, McGee,
& Co, having expired by own limitation,
the debts duo by the concern, will he paid
by W. D. McDowall & Co. The name of
the concern will he continued only for the
rlnsiiiu nf ihp nlrl line!nnc?_
C. J. SHANNON.
II. T. McGEE,
W. D. McDOWALL.
Camden, Jan. 1, 1810
00-P ARTNERSH IP.
THE Subscribers having formed a copartship
under the firm of W. D. McDOWALL
& CO will continue to keep a general
assortment of GOODS, and solicit a
continuance of tne patronage extended to
the late firm of Shannon, McGce & Co.
W. D. McDOWALL.
C. J. SHANNON.
T. E. SHANNON.
Jan. 1. 6i5
rpp=>TIic Subscriber having
? returned to Camden, will attend
toaoy work in the TAILORING line with
promptness and dispatch Any orders
left with Messrs. Jones & Hughson, corner
of liroid and R-i ledge Streets, will
meet with immediate attention.
J. L. BRASINGTON.
Jan- 4. 3t5
TO U N T AXES.
THE Taxes of the Town are due on the
Isi day ofJanuan?ail licences to Retail
Liquors expire on that day, as well as all
Commutations f? r Road Work.
The undersigned wilt receive the same
during the nwnth of January, at his office
in the (Courthouse Alter which times defaulters
will he returned to Council to be
dealt with according to law.
13y order of Council,
J. \V. LANG, Recorder.
Jan. 5. 4if>
I.I-*]' fiP I.I-'.TTi-' liS. re inaiiiimr in the
Postoflice, at Catiidr-n, Jan. 1, 1840.
A?Miss E. A. Aldride.
B- Mrs. Sarah B'aekhurn, Daniel Bufortl,
John Bowtn, Jesse Butner, Phillip
Brewer.
C?Miss Mary Jane Cato, R. Cameron,
Franklin Cloud, Willis W Chililers, (2;)
Eli W. Oeijrh'on.
D? Amos Deason, William B. Daviss.
E B' i.j'n Exuin. Stephen Eubank. 2.
F?William T. Fox.
G?Mrs. Sarah Gibson, Miehal Gaskins.
H ? A. D. Milliard, Win Hopkins Jas.
Harrison, Jonathan Hays, Jacob Hughes.
J?Henry Johns ?n.
11 ?William C. Keys, Frances Knighton
L ? Joseph Lockhart.
M.?D. MeNair, Robert Mickle, Mr.
McDowell.
P?Lewis J. Patterson, 3: Wyatt Patterson,
Austin Peay, Miss .Maria Parish.
R ?William Reynolds, William J Rey-.
nobis, Benjamin Rollins, John Rueker. ;
S? Mrs. Elizabeth Scott, George Smith,
William A. Stewart, William Stuart, F. A. j
Shannon.
T? Samuel S. Taylor, Wm. Thompson,
James Turner.
W? L. T. Wigfall, Wm. Wilson, Sam'l
Young, 3; Miss Sarah Yi-uncr.
P THORNTON, P. M.
THE SUBSCRIBER
HAS a very complete assortment of DRY
GOODS, suitable for the season, consisting
oi Cloths, Oassimeres, Sattinettes, Silks,
Calicoes, Homespuns, Hals, Caps, Shoes,
Boots, Negro Cloths, Blankets, &.c. Together
with a large anil well selected stock of
GROCERIES,
Consisting of Sugar, Coffee, Molasses, Tea,
and Tobacco. Also, Bagging, Bale Rope,
Twine, Iron Steel, Nails, &c* which are
offered low for cash or coanlrv produce.
WA1. J. GERALD.
December 7.
NOTICE.
\ MEETING of the KERSHAW VOL
UNTEERS is requested at the Courthouse
in Camden, on the first Saturday in January
next, for the purpose of paying a trib
ute ?f respect to the memory of the lute
Col. JOHN CIIESNUT.
December 28, 1839.
Wanted to Hire by tlie year.
A NEGRO Woman to do the cooking,
washing <fcc. of a small family?wages to
be paid montblv, if required. Apply at
this office. Dec. 21. tf3
JONES & HUGHSON,
Corner of Broad & Rutledgfc streets
OFFER for sale on the most accommo
uaimg terms, >i vanny 01
Staple ami Fancy Dry Goads.
consisting in part of
Superfine black and blue, green, brown
and mix'd Broad Cloths,
" Cassimeres and Sattinets,
Kentucky Jeans, white and red Flannels,
English and French Merinoes,
Bombazines, Italian Crape,
Muslins, (of every description) Cambrics,
Furniture and Cambric Dimity,
\ Tery general assortment of Calicr.ps,
Apron Checks, Bed Ticking,
Damaak Table Cloths,
Tabling and Bird-eye Diaper,
Negro Cloths and Blankets,
Brown Shiiting at 6, 7, 8, 9, 10, 11 ar<i
12 yards fur $1.
Cotton Oznaburgs and Suffolk Drilling,
Silk, Cotton and worsted Hosiery.
BILKS.
Superfine Black Gros de Rhine,
" " Gros de Swiss,
" " Rep.
" Blue-black fig'd Gros de Nap.
" Color'd " do.
" plain do.
Black and blue-black Silk Velvet, ?
Super. Black India Satin,
Rich Mouslin Delaine,
Mourning do do
Rich Satin and Valencia Vcstings,
Silk and worsted Shawls, worked Collars,
Black Lace and Gauze Veils,
Zephyr worsted, Sheueel &c.
SHOES
Ladies' French and English Kid Slippers,
" Prunelle, Seal and Leather Shoes,
Men's Shoes of various descriptions.
Misses' and Children's do do
All the Shoes from the manufactory of
j Mr. White will be sold by us.
1 They have also on hand a general as,
sortment of
Hardware, Crockery, and
j GROCERIES,
all of which will be disposed of at the
lowest cash prices. Merchants and others
from the country would do well to
call and examine the stock before making
their purchases.
January 4:
BAROUCHE FOR SALE.
I A PI VP n L - 3 TT
m rtiiEi uuuDie Daroucne uuu Harness,
with Leather Extension Top, nearly
new. Persons wishing to purchase will Jo
well to avail themselves of this opportunity,
as a bargain may be had. For terms,
dec. apply at this office.
Dec. 21. 4t3*
Just received a fresh supply of
CANDIES.
FOR Sale ?t the Post-office, among which
are: KISSES, in fancy colored papers, Ladies
French or fancy do., suitable for parties,
and a variety of other Candies, suitable
for parties, or New-year's presents.?
Also, a fresh supply of FIGS.
READY MADE CLOTHING
nCTAT COST.JJ1
THE Subscriber will sell at cost. FROCK
COATS, DRESS COATS, and PANTALOONS.
Also--ON HAND,
1 bale elegant French Bed BLANKETS.
Apply to
Dec. 28. HAYMAN LEVY.
Kirkwood House for sale.
THE house at Kirkwood, formerly occupied
by Mrs. Hannah DeLeon, will be sold
a bargain, and terms accommodating, to
approved purchaser. >
If not sold before the first Monday in
January next, it will be offered at public
outcry on that day before the Court House:
Terms accommodating.
M. II. DELEON, Ex'r
Dec:4Jl:
ATTENTION.
rglHE KERSHAW TROOP will parade
in Camden, on the first Saturday in
January, next.
By order of Capt. B. Bovkin,
W. A. ANCRUM, O. S.
Dee 14.
PERFUMERY.
|
AN assortment of Perfumery just re
ceived and for sale by
JONES &, HUGI1SON.
Dec. 6, 1S39.
BLANK MORTGAGES
POL SALE AT THIS OFFICE..