Wlliam Gilmore Simms
The History of South Carolina, From Its First European Discovery to Its Erection into a Republic >> Appendix >> Page 346

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Page 346

History | S. Babcock & Co. | 1840
Transcription 346APPENDIX.
duce at a price regulated by gold and silver, and purchase every article of consumption by a paper standard in the domestic market,
Resolved, That the legalized privilege of the banks, and their prodigal use of it, has mainly contributed to the wild and ruinous speculations which have characterized the present age, and to pro-duce the late and existing derangement of the currency, with all the accompanying evils of bank suspensions, the fall in the price of the great staple of the southern states, and the paralized condition of trade.
Resolved, That the only remedy for the evils complained of, is founded in the anticipation of a mild, gradual and judicious reform in the currency of the state, by that department of the government to which is intrusted the guardianship of the great interests of the community.
Resolved, That we entertain the highest confidence in the intelligence, wisdom and patriotism of the legislative department, for the adoption of such provisions, by law, as will effect a wise, safe and gradual reform, in which no short sighted policy shall be permitted, that may do injustice to these institutions, or violence to the existing relations of society.
Resolved, That our chief dependence of right should be, and in fact must be, upon the efforts ofthe agricultural community to work out their own deliverance and independence, by united and harmonious concert of action among themselves�to introduce and en-courage improved methods of fertilizing the soil by popular and scientific modes of cultivation�by the practice of economy, and especially by the production at home, of all the articles of domestic consumption.
W. J. Alston, Esq. proposed the following preamble and resolutions, which were adopted, after free discussion.
Whereas, Good roads are indispensable to the agricultural prosperity, as well as beneficial to the general interests of any country�and no labor being more profitable in its results than that judiciously bestowed upon roads�and whereas, the notoriously bad condition of many ofthe most important roads in this state, affords ample testimony of the utter inadequacy of the existing laws on this subject�and independent of their inefficiency, their operation is unequal and