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' i w a^p(dhim y3j e ft mm ii in h b fl e fl ft 1 ■fl ' i mainxym ' ui-'fl th_ft i __■k fl ft:<'<^ft ' i p er fl ' '"*____! ■% i ft ft i l>'fcft ft rioushjm r ' _____ e ft ftp i ___ m ft fli.i.'tiil-fl h * fl b-rt fl butter^fl jister pefl ft c ; tast^h ft ■fl ft ________________________________________________________________________________ ft ft w ft ft ft ft ft , baleft ft ii aft ft _■ft fl ________________________________________________________________________________________________ ft 1 ft pr wi-lw fl.-i>r galft 55 h > 4fl 65 m h|m^h thr„„l doors fl eft ft ft oni i r rd,n 2ft tr eft e^atft ft°i'jiij r _____! ft ft l r ° ref i 1 rft d ii«e n iift fl ft * ,( d fl t ft ft g fl fl '■*■- . fl 4r d_ft 1 a fl aft 1 terms new goods official valuation f ol our oreign debt in march last at thirty 1834 1835 18s6 million of dollars the president could 69,633,858 73.495 535 77.932,616 ba ! e *** 0o onworthy object in this under lease official value 5 9 tv , b . ' 8tl11 ll lb * ****** **** one n „ , . r , . ,. hat shfl d be noticed and corrected if declared valuation the estimate of the president were correct 1834 l 83 -> lh debt bad evidently been paid and over 3?305,51 41.286.594 paid be bad seen an estimate more than 1936 1837 two wooibs ago which seemed reasonable 41,437 123 46,796,937 and probible in all its details which est in.-rease declared talue 12 9 mated the liquidation of nur foreign debt w vie cwrjykjrrmainri abal it ___,^■______^__? 1 *" k _»___. n/_.,l i ,„,,, «*_,*__ , f equally expanded wtb our own out on ihe h _ hn „ ,. fhtt , t , » , oe » vl ? a g»---*<js contrary there had been actaeli * ag radual t „ e s 2*t b,n , ka wo " d not j bp ? 1 " the scon p.^poit f*lr k said p europe waa indebted scarcely needed proof from its close con i ' ir aa i nn nna „ , . . nexion with the 6rst he would not the *" **' "° ° ng c ° u l d p relond to ac n-s-is-r _. . , . , p curacy d9 p lhe amount of foreign debt in matter at rest however by the production vi«t.h ____. ____» ■.«,.-. _. '""'»" ' k ° l '" of evidence th nought to besaf.sfactory to l'^.i f 1 t m ss all this evidenced the perfect ajree j i on tins point mr js pals 4 sse_j£5s ise mxutf ml knowles in th-ir conlroversy concern dollars minions oi ing lbe action of the joint stock banks and u p r h an „ r j«j . e , _, thi n .,,.,,.. r •__. 1.1.1.1 ■_, " r th en proceeded to furnish the sen pi .„ i v °' en 8 und " mr ate with such evidence as he had to offer on plmer n apologizing for the contr.-,,on u ls i i„,i lofl „, , •, . " ol be bank and alluding to the cane g & -. '**?*?* . j l,,e f 1 p ac * he tyok he ui a .■!_ »-.,.» _..__. conjinercirt ba ance a one lor ihe vear 1836 says il is neceseary to slate the.se as tney hs _„ r . p , ko j _! ", ur , ."" 10d0 j . . ■" hs reported oy tne secretary of the i ream seem m no degree to have arisen front ,„ -. illia , alha f -;•• i . t ote / win ir or«nyu,ri«e peculate ad % v t ' j ti *' 8eem ' ra.ice ... r^rrcw price > mr knowles j n j 1 p ' ?.' ihthe . , th ! 8 , 8e98,on bo m no satisheo with thisau.n.ssion ilw 7 x ' , l est,mat f d lhe c but wishing oiefnci established bevond ; "^ *°*"«* * b «» reraamed as a for doubt he assorts the saz el w and rs : 1 k * t lh,rly , m ° n3 8nd **" fers tothe ornn/m t * n i n ' lh,s stattmt ' nt led the president cfna i 0 *! 8 mr snowies alier pro ; w|)0 , ook fa secretary's commercio 6n ving lhat the legitimate detnanu for curren - ance of one ear j ft bxctat cy had been increased by the increase of i he nprmri rp l„j tn j 1 h tl n_in-____j _._-__-._. ....,,. . n . j /• ' • | 6 period referred to he thought how lationai weaitli says ji table ot prices _..,„. .,,-• u o . ■ar / _____* .„ ,..._« i / lltat ever ' hat the secretary was mistaken even zda™*ln p tzrmt 7 /(/^ 6e hsto tins conmercal balance for 1836 ir ee^el lall t w h i heseefnpd *• b ve deducted thirty-millions beta^ri el trtp 2s ' lroib the s,xt y ( as mr k « pp«-«d for our fatn.-n u dccr t l 8 st ° ck > 3 share of the profits of trade mr k thot n o e . p ". i witha " ° w i'r 1 ue uo n cent should be deducted we had il z ; ' : t ° r ': currency i 16 ' fr ° m en « wb ««*. a « d ba much iro ill i /;• v vkt t0 l f amses alleles of american exports declined from slitt r^^^m 1837 he bpi,eved ' we had : '' r f "' ; fa '" r g *««* ■i l«l on onr experts the full amount of pro , a n , rtni .•_-" ur fc i ih ' a " d wl ore and that tbe gross .. fo a it ..* n , c osnmpnun wh.ch from the : tnounl oj hah(1 , e „„ , u m fce e f urnaled heavy incased d m , lor lj)t;m could , , 3 a o debuug f j lh not tm readily supplied by existing estab i h | n(le * j..-i.,m,.i f this bmvever is disiinctly re mr k . ulprr ptoceeded to ahow the errable^to c.rtees if r,„,g the ma.k.-l as to mt . jijt of m we had borrowed m e(j . ..'.„ nf t e,rh,e !* of j « end.ngm the nancy ot tbe cirrulatmn the , i»..nc,i'<n : r a \\ r i_o » r ,". ., mi.,1 i . ., w-*-i " tail ol 1836 as e-irope owed us nothina tni_;!ii g wa vs be setllen bv an u se r v.t,on of t , - i,-.-f n j . , 7 un '. o 1 o exchange of commodities of course t.,'f.|lown,r.hs l b,,i t .. ! ev f r,h s a the , mouol of % te b d \ at ind(1 %.,,.„ t "" u ' ■v 1 4 , • rl *; h *' «»«• «" -«- statement of impor.s which me ini t u ym ' llsl th ' v n u ' ° ! t,e to fr '"' t " e «'' m "* bieu obta.n 3iv , j c " u,vyy erall v remutiis ed .... credit r some form or other ll was ri u,n wf:n,,y <-' ll j <<"• im„oss,b|.'t ; g t tat anv thin like correct ..' n j ij-i.ior is owing to a eh_i 01 in ihf _«• . . • r j ,„„ , . cnange in ne ffi cl _| iniormaiion on this subject as r.i tion between tbe demand and annul , , , ' , * v r n , .«• i , fcuppi there was no duty or prohibitum either on fir instance il th.re b a si.ori cron r _• , lt , u q .... i . . ., r ' exports or imports of specie there was bul jn ine supply vj fall short ol hi <\-. ... ' m ri n,l . l . v •„ _. , lluie alu n "°" p 1 to ll at custom llouseg mi it n.l ine pricool corn wi ri^e whi si „.; c . ■. i •„,„. • _._. ... . , u .,, ther in eur.»pe or amerie-u l,rge bank ii inner cummo'i u<-s m«v stand firm fhia ... n.p «.„.^._.. r i ., -. " u ib " ers whose i.usiiicss giv.is them an merest n^e is occasioned s.y lhe chaniie in tne re .., n i i_-.i_i i i twin .,..,_,_.. „ , h , if '*- well as knoxvledoe of the loans and spe laiiou between the supply and rieman-i bui ., ,.,, . *. . . < ., «,«. rt„r k . n " sbipmenis were the only class rom ii we nnd the price o even ram_-oi<i,i . _ , rm i i . ,, „.,„ i i j , * n " n » orb b>rmat,.hi could be ontained i_e.j i.j h,i unusual elevation fas ia v m _«_ „ , , .. , ih l!....^h ,^ . , .^ idi iy iii in j ,„,.„ rjr j k|1|%w o except a,_m hif united btales we in.y like it io oraii ..... . . te.i t , h .-. _. ' * l " * n<1 notorious tranaacliona a statement lee that tne price w owing to i be change in , nil i p hw m f . „ r p . r ifiprclm k - mane by mr fiitoit ol paris a man of ine relation between curr.-nc and«_,h_n<v . . . it.es in othr-r w..r k . ■qaco » n «- great research and many opportunities he ui.s in o,t,er vvort.s that t'uriencv or cre.i .:____._, ... . ., , ' ,. nlh „ . . ' , •"«»«_■creg he iieved as much io he relied ou as anv oth er *, ' ' gre ; ll i l d «* tins state ,„ vas made in lhe latter i_isr^2r , *^ , i ex ' sl w ■« ili'..-l ofthe 8 pec.e p sb,ppe,l mounted to nolhiug as it was irjflia , , i <• c . . mm i • ,.,, ... . 7 , . m liotn europe lo america during the year pallia and attrinui io a burt a it on be • ._. i is.ee <-.„,. i _..., i i « preceding the ateie tweul lh,s statement wu.n supply and demand-a fluct^uoo ; vlr k re.d as follows so t kli:l>lil,i,i t tnes sute,nei,t fr "» fr " hr " k favour essav au -. v p^t s ° me d,,,t .'° n l 1 j » p " r '" 6 of the amotitu nd l c re it l^ett ' rt " n,hl ' hl f 9 e h '-.. eur to amer tnd lor manufactures alt ira ,„ one ua « h date un i mth anj^.crcase ol manufacturing the essay m^^g^^hkel il locul i , r , b ttch man may hereafter be had for a and fifty cents per year ateeae gear subscribers who will c be wh.de sem at one payment t f,p paper for on year a two doi and ggkufaa ibe same class shall ins to pav in advanco ibe sum of jp th same terms shall continue hey w.ll be charged as other subscri the commerce between the two countries " l will bear a very considei able f.vrein debt •» ns ™ !, y.»^»*p««-«i tlie i aw iu distribute ths against us without affecting tlie exchanges rie p ms "* s * m < m * **>* stales though no mrilseid he i.^d be had proven to m * wn f b « '«>* hjee»xiub the satisfaction ofthe senate tbal the c«u ?** "?"*? he wise " h»t could have es of tbe present distress were not common 2 w"f n irenes to the end prooo to other commercial countnes which in tm , de p e!ed h <- tteaaurv nnd he k had suffered only by b«,r connexion with tm t 1 * y ° '" 6jse l * w * wuh m us tbey bad not overtraded o.er-w_ued *° tce •'*'!/ tertn ** d ample time for u s nor had any speculative rise in prices similar ; txee f oa ' ™ pr«id~nt was nortu to our own the causes ihen must be ! i x ' ° pp ° s6li l ° "' i seemed determin located in our own country and if k ' ; ea ' tt 1 onlv to os « ***** ueans 1,1 prevent said he w.mld endeavor to xpl_m when '* t^te bux l0 prevenl il8 per.mon how,4r by what agency ihey origin-ten here "•! r * ves,ern and southwestern depo he then went back to the rem val of ihe i i » n farl **** needed its deposites in 1833 measure that he had k!?7 h lf "" 8 view ' hc a<lu;.ted j frequently sj o ken of before as bavtngheen " e ' amnu9 ****** eunp--_s sort of ordef i productive of much umehief nd no con | s^t 1 the nicotic i measure j terbalancing good he had bristy n , nive .\ ' k«j_!_bv * *" *"."* p ' m "^ " * ; its agency in bnngtngt-ie country m ih 2 ," em . w ' •■*• wil " oat per ! then present condition at ibe lasi scss-o , • 1 ect " hn,n!t . v - reje^ed • y the senate i and every prediction then made had be * 9n v i - f ly object of j come true and each cause had operated iu l *****"™ as in save fr m explosion j ihe manner there staled so far as thev had s of j h j 0 ""' f eposite banks n the i been since developed he would only now kt t i i 8ou1lhwpst * when tbey should j say of it what all adrnited-that t produc , , ™ to c _°' n p iv wi,h t,,e ******* ; ed a pan,c winch greatly deprecated every xli 9 " rrender lh « p ub »'« ey his ! article of home consumptian in the latter j v nm * beeo 0 p revenl " ver " | part of 1834 whilst the price of our ex tl "' *"• ° b j ect bein * en j ports was not affected by the measure in zh k w 08,l,on t0 the «•*••»•• dl the foreign markeu the immediate effect t r cerl "' nl >'. of *■■others ihe hest j was a rise in our foreign exch..iiges,aud 13 it t lhal p ur p°ie whatever i or 14 millions of specie poured in upon us g e " . the m ° live - lhe ****** this effect was not anticipated bv the presi *** a " nw,8e and unfortunate one derai do*t,as we could seeby an exposition of his g '" g zt nternal ora meres of the views when the measure was adopted he c ; unlr * v * p r,,d cing panic breaking up ex had no more idea of bringing specie than eh * n l and «***« n j ****** at the verv he had bringing london to america bv the l °_ olher9 ' w hen the countrv should removal of the deposite yei the friends r permitted to make the heat of the measure immediately boasted of il •"* resource8 - w,t,lout iolence or sur as one of the happy resuiis of that wise pr m r ' r __: , kn ; measure from which many and countless _ , 1 ? . w s • ftrrv to 8 " e his blessings were to flow in upon the zntr v ! 5 a,?ai " sl his execu ' well sir the currency was already full if u ™ ?***"'? throu^><'t now coming for not redundant , and that this specie thus mn " uf y "'"■executive triumph o suddenly forced in upon us bv violently , f v " * mhw y b x icknowl sinking down the value of home comsump {_*__??.*!_! err0r _ _ his w ° rth y frie » d tion would displace an equal amount of z z j said that though he pet circulating in good credit was one of h " n , 0rm,y g4,n i t yet thai it those strange elpcnmeiual notions by zl r 7 '" t t,,e which people unacquainted wuh tbe sub ' jtrnzmmts 2 w jeet have been deluded and our finances j lisstl •" e 7»t'"0 ruined paper must first he expelled and l ' l he d,d not a p r,,sp of 8uch then specie w.l ill the vacuumfby a l,w at the cost of c n . of currency expulsion mueimzede^nd z2liv it '< ™ i -^'?! l ° cannot under such eiruumstancv hs «_- tass37 ' " ?•*" fnend lh " 1 pecied to follow the iutroductior uf sue ho « u,rel > / t w,tb him and must cie which tc-ad of exa lling paper w,~;i t'l £* f lhe benffi ' ial become the bam ot fu-rtt.er ,. 9 ue by lk t " 1 1 w ' 8 " s - , 9 ; aluury me ' w"re tf they be left uncontrolled by any restnc fl ,?£! k h ' 1 rn:(lf lo,d u « l lk " "«» ting fr regulating power accord iv bre . ath . tbat mpos.te hanks and 11 oth much of tbis spefm went in.o banks g i "' br ° ken ' f d lhat lhe p hlic wee collected together in the form tion of m0 ' ey ,' bo,h . 8 p e k c,e and p»p h ve be.c.me new banks u.e whole continuing expand " m j al,ab 1 e '" *_* wa "' s - the pet.snt is and produce a speculative rise in prices a flliapk 1 , u 7 j . e . nl 8 hu " ed - " which by a reciprocating operation pro q .- ' n . defiancc of al1 remonstrances dacedslill farther expanfionstbv a w p ell ztt treaunent ' atld th « p known law of finanev th of course s 1 w t,7 con r t ' , . e j hat he w °" ld lmm produced speculation at home and heavy i no better ™ h a different treatme or mpurisiinus from abroad which . at z t w unem ******** ks coul.1 hav even exfended to the z^ruflife o tz^th " 8 8 ° mpwh k al 1 * j people rag intoxicated bv th.s de u^e sft . 9 _£_!__!_ tben l !^ ra h v prosperity every specie uf property wm tk 6 ' tt^f th - cabme^on embl-ed in the v.de range uf 31 jsttj ih^p j con which speedily reached the puhlir land ' fssfr ¥***. tv of t,,e every one seeld to think it'much easier s 1 f p "" 8 , 8 , t i l to get rtch by speculating inland than by 2 5_-t^_lt_?_sist cultivating it and by la/ge laud sales a id s^(kki b tto 2 s ed to heavy porta„o 8 soon produced an | gloriou9 j rir cular ' rm b._r_i enormous surp us ,„ i treasury which f yeg , the ever-glo iou specve c.fcx h was disir.buted „, a great number ol banks mr km wjlh * m hmtn j m ™*£ *\ 1 here was a great anxiety to recommend is a „ , j 6 no , wh ™ ££ state deposites to the people and recon evidences of your glory is there a v cile them to the loss o the united states lfimg alorioil9 y in h co bank by providing that insutuuon io be ( d t mi of lhe countrv . yot.r government unneeessaiy 3 accordingly ihey were sum j inso | venl and dlb g ra . ed . 0ur , e bran . dialed t accommodaje the emmunuy by de(1 , foreigner as a nation of fraudulent theuscoliliepuhlic funds in ihis w.y . bankrupl ao j 8windler9 . v(mir merrhantii banks were multiplied papers issues were bankrupt your manufa.-h/rers languishing tm pled specnlattmis were sumulated h ulle „ ess am , distress ; yunr plsntei andp.odueed hat bloated and diseased ruine , an ,, lw(vthiha of t |,/, aborjl ,-.,„. coihl.lkm which hegu to mamleut itself . u | alio(1 of lhp v „ m sl;ups thre z tene \ d ... the summer ol 18*8 | wuh qcfua starl , a/ion j it may be necessary in this connexion ; idences of sal nary effects of the mea ires more p.rtinularly t notice the means by j we are called on to glorify why sir wlucli we were enabled so long to keep up the senator must have forgotten that glory i ihis forcing process and prevent an earlier : has depreciated in ihe market like pa reaciion by the operation of our foreign i per currency it has been redundant and is debt this was plain enough when the j now almost as much below par as rag ino faeta we're known thotiglii it had continu ] ney ; very much for the same reason too ed long to puzzle the besi financiers of eu '•■on examination we find ihat neither has rope the natural effect of general spec : had a very solid basis to res upon uiaiive rise of prices here from a redun : so mo<-h said mr king for he glory of j daaey of our currency and ciedit was to ! this order i now propose to akn a more dis ; depreciate our foreign exchanges and pro 1 passionate and bettei reasoned view of it aa ! ducs a call for the balance of our foreign i a •■■■•■' measure i debt yet we prevented this bv sending ! . , ne p a,n j c "-"- 1 » he circular ao a finan lhem bonds bank shares state stocks and f ' tt "' '^ " d ' d fizs wma . he c ■. - ilaw-iotir le i'i . le miner ou the forcible inter credits of various descriptions i 0 a great f rmceofthe government the earner of-w er amount than we owed them by these j ii 0 s eti e exchanges so useful and ntunilj means we raised our own exchanges and j in adjusting ascertained balances oei ween oiffer depreciated theirs which drained them of ant sec ions of ihe couniry were suddenly and their bullion as before intimated by ! violently interrupted the useful admonition means of the credits they extended to us i of an ' fcim_ug balance a mdicaied by the these speculations at home had produced i « x « ha "^"' «»* j 6t j°**£r d a bu * that , ' , , | . r , balance forcibly increased tbe dea'rnruve almos.an unlimited demand for money , temje0cf j 8uch y inlerfrremce b governmett in and we would take all their cash as well ; lhe co oa erce ol ihe country ha im-so aeknow as all their commodities and overbid their j ledge by ibe senator horn north c_...lin mr own capitalist to get them provided we j strange though i thought thn principle might could make the operation on credit thus have b-en better applied by him such mea - we continued inverting the laws o trade 8ur «*» p'"doeed the same effecu in the same . i # |- .. . i i , 1 wav hene-«r and wherever applied tn a free and utterly confounding the bank directors i "»• '*"' t.a__t-.l — « ' . . t i c , * i i eu.u.nercial couniry ; alwayr ukiug lhe feople an.1 capitalists of england.unti the summer j b _ iu(pnge and brba j„g „ p the established or : of 1836 vve find ihat the bank directors tteroi iniogs tb business of tbe cwnoiry is | then made the discovery that the united ' aseffuciuafly deranged and di_org»n.zed by sach ■stales had been draining them of their violence ;__ is ihe human system by the desiruc | gold l on credit and they took steps to pre lien u lh,j b * rl - . _ „ , vent it by increasing the rate of interests commerce has us taws the people study t . _, i » ■lh*rn and bv study observation and experience in june.to 4k and n august to 5 per cent i j 0 acquah1 j wilh , hem , m a ter 7 j3 let us now return to the united states j extern and make their cttculanons and regulate in june 1838 the ruined threatened by soj their business accordingly they always oaust large an accumulation of the public mon ' « r -» l y " uffer * h « n forcibly deprived oi theee , ef.and the uses iha were made of iu and ! dv.nt-ges and particularly if the iff busy .. i , t l , tfhed to a paper or mixed corrency uoubuate j he unsound state of the currency generab . evtl „ £*" rwnej fhou / h „ btt ; ly was so man.fesi that all parties united : t j v . tnwg g are wy g reat | d not know in [ in the opinion thai something must be doue j u , nv respects hat h»y are over in,,»ied by with it after full discussion and great ihe senator from miasjuri i hope h buwevar deliberation c_mgteas with uncommon afier ihe mnst faul expsr-eoce te the eoeniry litchfordsf oliver he it cn.i.yt t.he o r u f doors south of williams & haywood's drug store fat etteville street raleigh n c ai*r sow opf^i^g a large supply of bpvho do not pay du.inor tse year rnred ttitea dollirs in all case lferriptioa will ue received for less than i\ie e e*k iyeyter urti be d'hconiinoed but at the op fcdiior unless ill irrearoes are paid goods c oasis ting of e ve r y thing either dfsirable or fashionable • pf^^sto the e.,|iw mint be pos/i u«rwue they v-iu^ri^lymt lto __________________■j tdk hich tbey rpspectlnlly request th^ir . . fri—wls lu.-wis and the pebbe greneral . ly 1 1 c3ll and examine before p.ircl.asin else where as thev are determined no to be ou'd.ee ' eiiber in selling g joda or makir.o clothes their : goods consist of the following articles bff!arsisfi-s-_-!i two r amii tqitrtrefor the first tiiserv-oii i.«wd h wliare for each ieeeftiem &<****?** izheteme 9th be inserted for less 00li.ar , ... . -- continued until orders ihera where no direction h'-iven ■< iubf the year or six months will v ,,"_. per month for a.'h squa e bfilefc of changinsr lhe form ever ; s'/ptr blue and black d untile green do apple olive do brown ho do l'.nd n br wn wool dyed cloths do fi |! i 11 \ ; i|n s do super 11 e & black plaid io drab vvool dved do greene casimebes d dove it dou dn z bra plaid ble milled do striped and do crd.d super plain silk velvet "| do cat and figioed do do crimped silk do fig'd & plain satins )• vp7stings do b'lltcashmerett do do valentia do mohair j together with a o finer al ass oh tment 0 f fashionable ready-made cfiotiilxg tennanfs celebrated stocks suited to all necks markets salisbury 11 cis brandy ap 50 cis ; cotton per ib it b^^-iton bagging per y.i 20 do cutarpsrib 16 a 18 cts castings per , ■, ; c'.iii'ii yarn from no 6 io no 1^,73 a 2 00 s ; feathers per lb 5 b pr bl 6 00 wheat pr hush . 1 00 hp babel 30 cts corn pr bush 65 cts a etgj lead per lb 8 a 10 cts ; bb >: '>' i - s 5 nails per lb 9 a 10 b j " a 0 cts ; bacon per ib 12 lb 121 cts lard per ib 15 kiisiifl 1 15 1 50 cis steel ameri 10 cts ; english do per lb i per ib 25 a 30 cis ; sugar muf*i 15 cts ; kinu jamaica per gal latikee do . 1 ; wool clean per ib 30 lll.w per ib 10 is cts tow-liner pr yd so cts ; wine tei.eri.fi per gal 1 50 . 1 50 a 1 7 ci ; claret do bl 3 a 1 75 cts ; malaga sweet bj^vhi*>l»'*'y per gal 45 a 50 cts __________(' he raw suspenders hosun gloves satin bosoms fy linnen plain and r*/f jled shirt collars round end v round top fn rk-m per lb 4 a 9 c,s bacon per 14 ct hams do 00 00 els ; beeswax hn 0 et ; bagging per yard 18 a 35 hrop^per lb a 10 00 cts *, coffee pr is cts got ton per io0 lbs 6 9 oop corn per bushel 1 000 a ets ; flour and in fact every thing that can be calledfor in our line of business to suit old or young all of wnieh will be nrnde np lo order a short notice in lhe m<>s fashionable st vie onr workmen are the bes lhat ean possibly b ptoenred at the north and p tbi.ifa ihai added o onr nwa experience will insure ea a dee sharp of public pa ronau-e all orders from ■. dietanc will :> p viih prompt attention clothe war ranted to fit 6 7 000 ruin stores per 1 w^tt2 ; iron per 100 lbs 5 6i a o5 hm t f>r ra 10 50 a cts nails cut assort i a»rl!)8 1 _ n 9 t wrought lo per ib .<»; r j ih art 9 ; ri.-p per 100 his 1 i ■-.'■■-.. pervh 10 i . a cp sal r i v!-,;s i | ,..., .., 475 |, ,. ts . s > p | a j ■-. i'-i i aperi-l per ib 1 *>"* a 1 j7 is 1 to pri'.$l 1 j 25 ts ; tobacco inaiiu fllp'-r 1)10 • 1.5 ms b fay ette ville fl ad 85 a 90 do apple 80a 00 1 w : < tl a 0 cotton pr ib 8 a 9i is j jt-.m _ a r.i ; klnur bb 0$6 a 8 ' a ; feathers pr lb 00.40 ■0 70.1.75 irur prlb 5 a 6 mo ■s ik 1 .; nails ui 74 a salt j->'a sn uyr yr ib 7 a 1 1 ; tobacco .-' bus l l whiskey 10 #'- r u-b-r ■•_• sr siij-t.p reteem tftiir thanks for former support and will enden vor to merit its coiauvianre litchford 8r oliver p v pereeme furnishing heir own mi teriafs can re/i upon having their clothes as cell made as though we furnished the articles l sc o raleigh oct,20 1837 4wl5 speehh tailori a mr t_i\g of georgia uliluu f al 1 on the bill imposing addition efk j.i.liiasa al duties as depositaries in friends and the publicthat certain cases palely removed iheir tailoring on public officers m i ,„)«,, recently o-cu n ,. , . b^di kson as a tailor shop ddivered *■*• senate of the united pouih t r l r . mitchell shop & states september 23 1337 oppogite ihe salisbury hotel conti nced ) m^rymt received from the north i mr k further sustained his proposition wlttrst s most approved and strengthened his evidence upon this mitjyjo p nt b y introducing official tables from _____________________ t 1 a c ttt/\_vt en ? land t'f some ol the principal articles w v_pis of taw produce for english uianufictures jf01 the j &•<*• entered for home consumption and the : k np i in ,! '' all - declared valuation of exports ; mi &_. j_"v ___> b ° th einbracin s le p*"od in question , x fljc_u>#-0 cepl the official valuation for 1837 which ro wl k . he had not been able lo obtain fl vvnnh ihey are ready to make k desired at | 0 » prices they j he following are the tables produced 4 n their ability |< read by mr kmj _^^________________| |" good bm af,amm m^m^mm flp willing to the garmentl 1 w^^^^^k^^^^m fl[|u distance fa.ihfullv executed ■orders in allfl mk " i ii in h m f - r ° d " ce of v^ion kinds will be__._..........................................................m mp payment fo • i i 1 1 6_______fl overaclion ,,. tlie joint-stock i.anks waa ot casioned bv lhe large prohis ihey derive from lhe discount of american securities and credits to supply our credit demand for money for under our preposterous syat m adnpted-'in 1834 of impelling . orrowed money to multiply credits up n we have been willing to lake all their cashes w..-i as all their commodities and g,ve more than anv body else for them if they would only lei us have lhem on ciedit these partial fluc tuations were uncertain and uninport.nl and so lar as they da exist if at all are easily accounted for and principally if not entirely to be attributed to a connexion with us in no view of tbe subject could ihey be used as evidence of a national re dundancy of currency or credit or of a na tional overtrading neither of which as wc have seen bad taken place imr k said the latier part of the second proposition and lhe whole of tbe third seeuied to be established by inference from the positions already established and lhe proois already adduced the only further proof that could be deemed necessary oo these points was io establish tbe fact that at the very time we were importing large sums of specie under tbe encouragement of the wise policy of the executive as it was call ed we were enormously indebted not only on a commercial balance but also for mo ney borrowed in the very face of this com onercial balace against us mr k said it here again became bis un pleasant duty to prove that the president was mistaken in his estimate of the amount of our foreign debt ], was important to notice this mistake with another view we would not act in reference to our true sit uation as debtors if we believed we owed nothing the president gives the estimate j i iii ii i vi de nee s.y holland two loans : ruling together 2.5(10 000 one hall stopped in specie in france the uniemnily 18 oot 000 fr and h.-itin gut loan i4,0u0,000 o g iher 6,041,666 1,250,000 1.333 333 quantities of several principal articles of raw produce of m nuf.cures eye enter ed for home consumpt-on n the years ending january 5 respectively with the absolute and proportional increase from 1884 to 1837 8,624.999 if the above statement be correct and it was cerlainlv more likely to be under than over the true amount we had imported near forly millions of dollars in one year besides the indemnity which if tbe laws ol hade had been allowed a free operation would have been more profitably drawn for than imported adding tbe above sura lo tbe commercial balance of 60,000.000 and we had evidence ol about 100,000,000 less only the specie included in imports in ad dition to tins it was well known he said tha we had been issuing credits to a great er or less extent ever since the orouietice articles | 1834 j 1835 cotton lbs j 296497 1 67 ts08.602 . 6->i silk raw « 3,838.795 s 346 751 first r vie thrown ■wool * 268.307 i 165 768 39.153.403 | 41,113,448 w\s land to«s = orr por alar *- — - v ii „:»- absolute increase cotton lbs 72.348 168 silk raw • 1,025,747 thrown 129.166 wool » 19,6:1,346 ment ol 1834 and the entire foreign debt might salelv be put down at much more than 100,000,000 in match last the debt being esiaohshed it fellows tbat tbe st3te of our foreign exchanges have been false ( and delusive and baaing been effected by ; lbe use of credit have been no indication of tbe true balance of trade on a fair ex change of coinmodities credit having the same effect on the exchanges as the expor tation of an equal value in commodities mi k however concluded this branch of the subject by adding lhat it would not be necessary to pay the whole debt before ex changes would be equalized a very large por tion of it having assumed the form of invest ments on which we should only have to pai the interest and moreover tbe nature of i 1836 1837 700 acres h macamara charles torrence i j re ' s a fa,r p r muou of wood fl in gr>od farming condition the fertile a g lk d le_l ol il cotton lbs silk raw ' thrown • wool s33.04s.464 i 870,950.569 4.151.008 i 4.372,498 254.578 j 294.9s4 43 119.993 j 60,724,794 increase per cent 20 20 nearly so do 50 do 50 do mcow gi:oi.vaos wj qa.ip reasonable and made io p ni ce of purchasers n i shaveb ibs 1 - ■■■'■■m table of the produce and manufactures nf great britain exported to foreign parts calculated at the official and declared rate of valuation r
Object Description
Title | Carolina Watchman |
Masthead | The Carolina Watchman |
Date | 1837-11-11 |
Month | 11 |
Day | 11 |
Year | 1837 |
Volume | 6 |
Issue | 17 Whole No.277 |
Technical Metadata | Image was scanned by OCLC at the Preservation Service Center in Bethlehem, PA. Archivial image is an 8-bit greyscale tiff that was scanned from microfilm at 400 dpi. The original file size was |
Creator | Hamilton C. Jones |
Date Digital | 2008-12-23 |
Publisher | Hamilton C. Jones |
Place | United States, North Carolina, Rowan County, Salisbury |
Type | Text |
Source | Microfilm |
Digital Format | JP2 |
Project Subject | State Archives of North Carolina Historic Newspaper Archive |
Description | The Saturday, November 11, 1837 issue of the Carolina Watchman a weekly and semi weekly newspaper from Salisbury, North Carolina |
Rights | The SA of NC considers this item in the public domain by U.S. law but responsibility for permissions rests with researchers. |
Language | eng |
OCLC number | 601553114 |
Description
Title | Carolina Watchman |
Masthead | The Carolina Watchman |
Date | 1837-11-11 |
Month | 11 |
Day | 11 |
Year | 1837 |
Volume | 6 |
Issue | 17 Whole No.277 |
Sequence | 1 |
Page | 1 |
Technical Metadata | Image was scanned by OCLC at the Preservation Service Center in Bethlehem, PA. Archivial image is an 8-bit greyscale tiff that was scanned from microfilm at 400 dpi. The original file size was 4961857 Bytes |
FileName | sacw01_017_18371111-img00001.jp2 |
Creator | Hamilton C. Jones |
Date Digital | 2008-12-23 |
Publisher | Hamilton C. Jones |
Place | United States, North Carolina, Rowan County, Salisbury |
Type | Text |
Source | Microfilm |
Digital Format | JP2 |
Project Subject | State Archives of North Carolina Historic Newspaper Archive |
Description | The Saturday, November 11, 1837 issue of the Carolina Watchman a weekly and semi weekly newspaper from Salisbury, North Carolina |
Rights | The SA of NC considers this item in the public domain by U.S. law but responsibility for permissions rests with researchers. |
Language | eng |
FullText |
' i w a^p(dhim y3j e ft mm ii in h b fl e fl ft 1 ■fl ' i mainxym ' ui-'fl th_ft i __■k fl ft:<'<^ft ' i p er fl ' '"*____! ■% i ft ft i l>'fcft ft rioushjm r ' _____ e ft ftp i ___ m ft fli.i.'tiil-fl h * fl b-rt fl butter^fl jister pefl ft c ; tast^h ft ■fl ft ________________________________________________________________________________ ft ft w ft ft ft ft ft , baleft ft ii aft ft _■ft fl ________________________________________________________________________________________________ ft 1 ft pr wi-lw fl.-i>r galft 55 h > 4fl 65 m h|m^h thr„„l doors fl eft ft ft oni i r rd,n 2ft tr eft e^atft ft°i'jiij r _____! ft ft l r ° ref i 1 rft d ii«e n iift fl ft * ,( d fl t ft ft g fl fl '■*■- . fl 4r d_ft 1 a fl aft 1 terms new goods official valuation f ol our oreign debt in march last at thirty 1834 1835 18s6 million of dollars the president could 69,633,858 73.495 535 77.932,616 ba ! e *** 0o onworthy object in this under lease official value 5 9 tv , b . ' 8tl11 ll lb * ****** **** one n „ , . r , . ,. hat shfl d be noticed and corrected if declared valuation the estimate of the president were correct 1834 l 83 -> lh debt bad evidently been paid and over 3?305,51 41.286.594 paid be bad seen an estimate more than 1936 1837 two wooibs ago which seemed reasonable 41,437 123 46,796,937 and probible in all its details which est in.-rease declared talue 12 9 mated the liquidation of nur foreign debt w vie cwrjykjrrmainri abal it ___,^■______^__? 1 *" k _»___. n/_.,l i ,„,,, «*_,*__ , f equally expanded wtb our own out on ihe h _ hn „ ,. fhtt , t , » , oe » vl ? a g»---* |