1836.J 



FARMERS' REGISTER. 



509 



" the bad having combined, the good should asso- 

 cia'e." 



Little did I think, when I addressed yon in 

 May, under this head, that my propiiecy would, 

 at so early a perioci, have been fulfilled, and the 

 wretched eflects be so soon demonstrated, ol' load- 

 ing the London market with so much paper, and 

 for such a purpose, as that of administering tn the 

 avarice of the money jobbers and usurers of New 

 York and Philadelphia. This, I regret to sav it, 

 was done by the Petmsylvania Bank of the Uni- 

 ted Stales ; and its consequence has been ihe re- 

 daction of the ])rice of all stocks and of their own 

 rrom §12.5 in May, to 8110 in November. How 

 much better would it have been, if the capitalists 

 of Philadelphia had done as have their brethren 

 in Boston, and their fellow cilizens in the south ? 



That institution committed a capital error in not 

 suffering their charter to cease and determine, and 

 then to claim one on a scale more correspondent 

 to the extended wants and commerce of the coun- 

 try. But they forgot the difference of tlie two pe- 

 riods, 181-5 and 183G ; and, continuing in error, 

 their proceeding with such a mass of paper to 

 London, for the purpose of its being converted into 

 specie, lias not been less fatal to themselves than 

 the countr3^ The London papers tell iis that in- 

 terest in Great Britain has advanced, and foreign 

 securities ceased to be in demand. 



The bank should have recollected that com- 

 merce, like letters, is a republic, in which though 

 all the members are co-equal in their.claims, some 

 of them are pre-eminent in their influence. Of 

 this great republic. Great Britain is in the latter 

 class, and on her mainly dei)ends the welliire and 

 prosperity of her sisters. Her sysftem should be 

 studied, and to those who v/i.?h so to do, I v\ould 

 recommend the attentive perusal of the parliamen- 

 tary debates of 1825, on ihe one pound nole act. 

 Such a purusal led me to address you in May. 

 But the habit of" interference by government still 

 seems to adhere to the prints of New York ; for I 

 perceive the Journal of Commerce still lauding the 

 power of the state to control discounts, and depre- 

 cating the joint stock system in England because 

 it does not do so. He is blind to the results of the 

 chartered system in the one country and the other 

 in England.* In ten years 61 banks have been es- 

 tablished and not one has failed. 



To read the censure of the Bank of England, is 

 ludicrous, as if that body ever acted without the 

 assent and approbation of the mercantile wo'-ld, 

 aided by all the light the governments of Britain 

 and of all Europe could throw upon the subject. 

 But the superficial are blind to fiicts, and the 

 scheming reckless of consequences. However, 

 the healthy stale of the cotton market, the only 

 article of remittance fiir European manufactures 

 and bread stuffs, speaks volumes, and tells us that. 

 if the bank prohibits stock jobbing, it protects 

 commerce. However, the most interesting part 

 of the subject is, what are tlie states now wanting 

 money for, and how should the bank act ? But 

 this is discussed in my last paper, and the subject 

 needs not to be renewed ; and especially, as we 

 shall so soon see what it is the government propo- 

 ses to do; and which I freely confess, fills me 

 with apprehension. c. l. c. 



* This sentence, evidently incomplete, stands thus 

 in the manuscript. — Ed. 



TIIK HARRIS SEEDLIXG.* 



To tlic Editor of the Farmers' Register. 



Frederickshall, lYov. 16, 1836, 



In compliance with a request contained in 

 the October No. of the Farmers' Register, I take 

 p.leasure in informing you, that I have growing 

 m my garden, in the county of Louisa, a native 

 grape vine, which was 'bund in the woods upon 

 my land, and Inmsplanted. The grape is of the 

 white kind, with a purple tinge when ripe, and 

 larger than the common native irrape. The clus- 

 ters are unusually large, with a great number of 

 branches. Mr. .John Carter, near Richmond, lias 

 some growing fi'om slips furnished by me, and 

 expects to be able the next .senson to test their 

 utility in the pioduclion of white wines. The fla- 

 vor of the fruit, when ripe, is very delicious. 



As I am no wine-grower myselfj I should be 

 pleased that any gentleman, who thinks proper, 

 would propagate from the stock. If it be desired, 

 I will forward some cuttings, this winter, to the 

 care of Messrs. David Anderson, Jim. & Co., of 

 Richmond, to be disposed of as may be directed 

 in the December number of the Register. 



FREDERICIC HARRIS. 



From tlie Zariesvillo, Oliio, Gazette. 



MULBERRY A^'D SILK CULTURE. TWO CROPS 

 OF COCOON'S A YEAR. 



Last spring f obtained nn ounce nnd a half of the 

 white mulberry seed, which 1 sowed on the 11th 

 and r2fii of April, on a bed 40 ft>et long, and 14 

 broad, in rows twelve inches apart, waterinir the 

 bed twice or three tiuT s a week in dry weather, 

 once a week with soap suds. A part of my seed, 

 say one half came up the last of that month and 

 the first of May, when the dry weather came on. 

 The balance of my seed did not come up until af- 

 ter the long spell of rain about the first of June. 

 By keeping the bed clean and occasionally stirring 

 the ground between the rows, the plants grew rap- 

 idly, and those which came up before the drought, 

 perhaps the number of three or four thousand, 

 have attained to the average height of four feet 

 and some to the height of four feet ten inches, but 

 were I to sow again, I should occupy at least twice 

 as much ground. 



I also obtained of Mr. C. G. Wilson, ten trees 

 of the Chinese mulberry of last year's growth, 

 about a foot in height, which were brought from 

 Boston, and did not arrive hereuntil aboutthe first 

 ol June at which time they were transplanted, but 

 had no appearance of vegetating for about ten 

 days, when the buds next the ground began to de- 

 velope themselves, the top of the stoclc down to 

 those buds dried up .By occasional watering in 

 dry weather, and stirring the ground about the 



* This name is affixed by the Editor. Mr. Harris 

 will add to the service now rendered to the agricultu- 

 ral public, by furnishing, as he proposes, slips for dis- 

 tribution, throut^h the channel he indicates. We warn 

 those persons who may attempt to propagate these or 

 other native grapes, that slips rarely succeed. When 

 convenient, they should be made sure of living by be- 

 ing engrafted on rooted stocks of any other grape. — Ed. 



