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could unrasel lhe fraud and coun,eract its |
effects, it has become law to the eYerlast- |
ing shame and disgrace OF the age (which
W. i've LIS aim is now to procure bran. |
ches from the Legislatures of the other
States, to make its notes the general cur
fency, to coniroul the politics OF the coun-i
ery, and with this: view it has already
purchased up the Harrisburgh Chronicle,
Q paper which until this Bill was passed
was DEVOTED to the cause of Martin Van
Buren. Another example >of the DANCE
rous influence Of aggregate wealth, Is af
forded by the Banks OF North Carolina,
from 1920 to !s2S-Their notes had de-
preciated TO from 10 to IS per cent-the
Banks refused to pay specie, the Legisla
ture at several times attempted to compel
them, but it proved poverless. About 600
individuals now own the whole Banking
Capital Of this State. A few men hold as
officers the whole power Of the institutions
they can make money scarce or plenty;
raise or let down the value OF all properly
they can speculate on the public disas-
tcrs; and if loss is about to accrue de-
clare large dividends, sell out their stock
at a profit. and escape from the ruin.
When individuals create debts, their whole
property is liable for them If Banks,
only the corporate property is liable, and
no, that of the stockholders Thus few
men can do what a whole State cannot
do or undo.


Resolred therefore, That we will vote
for no candidate for the Legislature. who
is friends or in favour Of admitting with
in this State branches or agencies of the
United States Bank, or the circulation OF
its notes.


ReSciued, That we denounce the vile
doctrine Of the Nullifers, as worse than
notification itself That the laboring
White OF Black. ought not to participate
in political power. because it would en-
danger the rights of the properly holder
and is int ON patable with the stability of
Freedom. That we believe it to be the
sentiment of the. vast majority Of the whole
party opposed to Martin Van Buren, but
that the Nullifers are the most reckless
corps and only dare avow Il. That the
fabric of European inonarchies and aris-
tocratic establishments are erected OIL this
very principle-deriving their power,
Wealth, and splendor. by taxes and pub
lie burthens, from the hard earnings of
the labouring poor. That we are friends
of equal rights and equal privileges, and
we contend for the rig hts Of the people to
govern and tax themselves, and the duty
of rulers to obey the instructions of the
constituents. That the opposition are hop
inc to spread this doctrine, like nullifica-
ton, by taking advantage of the public
excitement growing out Of the abolition
Question. and it must be put down at once
by public execration, or free Governments
are at an end. 49,.


Resolred, Ihat we repel the charge
made by the opposition press and politi-
clans, on, our party of being the "spoifs
party" as false and caluminous. That
while facts will show, our innocence, they
will verify in their applications to them,
the truth of the old adage. that 1.-The great
est thief always cries thief the loud est E"
1t seems that in North Carolina a vast
aggregate majority Of all Offices. State,
Federal and corporation are IN the hands
of the opposition. .s.


l. All the Offices OF the Federal Judi
ciary.


2. A vast majori:y Of all the pos, of.
fees.


8. A majority of Federal revenue Of
fees


a. A majority of the State Solicitors. OF
pros ecuting officers


A majority of the offices Of State at
Raleigh.


6. All the Presidents, Cashiers Di.
reciors, Clerks and Attornies of all the
Banks Of the State, with very few excep.
tions, are opposition men, Besides this,
the Majority OF the Newspaper presses of
the Stale belongs 10 the opposition,-a-
gainst which, as we'll against the money
powor-fhe patronage Of the State Gov
ernfnent. e. the patronage of the Federal
Government in the State, our patty has
had to contend for the last years. and
we have only been saved by union as one
man.


Resoired, That we recommend to the
Jackson Van Buren party, to apply the
following tests to every candidate for po.
litical Office at the ensuing elections; as
the only safeguard to prevent wolves in
sleeps clothing-no party men and aris
tocrats, nullifiers and Bank. wh;g Fede
ralists getting into power. Namely. do yor
pledge yourselves opposed.


TO the Bank Of the United States
and to allowing any branch or agency il
this State, and to the circulation of it
notes in the State


2:Are YOU democrat and in favor G
the right OF instruction.


8. Are you opposed to monopolies, an
exclusive privileges.