Terre Haute Wabash Enquirer in Terre-Haute, Indiana
22 Jan 1840

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Terre Haute Wabash Enquirer in Terre-Haute, Indiana
22 Jan 1840

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Terre Haute Wabash Enquirer (Newspaper) - January 22, 1840, Terre Haute, Indiana W every wednesday Iko i by g. M j. P. C8�?piiaj& Tell me haute Jago county ii Daiva Jami Jary 1840. Jan Riiber the Wabash enquirer it up butted Emery wed Eta a fee on 4th, be week of bask and Ohio Street dire Cuy eat fihe court House. dollars Fer annul. Two dollars and Jimiy menu be received if paid Witbro eight months from the time of pubs cubing or two dollars if paid in Advance or within four Rood paper Diamont booed till All arrearage Are paid unless at tube option of the proprietors. \ failure to notify a did Contin Aiice at the end of the year will be considered a new engagement. Advertise Meixiu in this paper will not be allowed to average More than four columns. Advertisements inserted three times at one Dollar a Square 8 Linen to be con unused at rate of 25 cents per Square weekly. Unless the number of insertions be marked on the manuscript when handed in it will be continued till ordered out and charged accordingly. Advertisements published by the Quarter or longer will be charged $3 a Square $6 for six month or $10 a year. Merchant druggists and others advertising by ill be charged for two squares f 15,50 my a a. Ujj m. Pinr a. For Quarter of a column of i the year w for three squares $20 for Quarter 1000 Ems. $25 half a column $35 three fourths of a column $50 for a column $60 a year. authorised by statute must be paid for in Advance. Advertisements coming from abroad must be accompanied with the Cash unless ordered for publication by a brother publisher. Postage must be paid. Am we. Berry Faiitua refers umbel Gentry Fex site John w. Pm Thomas Wilson Jacob l. Payne Jesse Brandon. W. A. Gorman. Thomas main a Soldier of the Rev oltion. Isom c. Elton 8. A. Wilson. Hwy Lee John Nelson Daniel Beben Martia Vanook Daniel Carie John Bryce Alexander Crody Alvon Rainey Solomon Ball t. Herron George Belser r. M. Bee rest we Liam Heath John mum John body a. P. Watson Jason w. Cory Joel Lee John b. Campber James based Bains John e. Campbell. J. 8. Gray Crocket Herrol. Momoa a John w. Cox John Eek Les p. M. Parks John j. Graham w. Grant Patt Waon b. Mccoy Jona than Wui iams Wiliam Wui iams Gevern Guam a we. Bowls Alexander b. Mdse Morgan Oliama David w. Howe Nordica d. Liller Sakiel slam glitter James 8e-Veor, Daniel Norman Jesse Rooker. Miami Geore w. Ewins. . L. Wheeler. Noble David b. Herriman Henry la to. Oka a oks Clement Mcdonald Andrew Wilson we. P. Lomax we. A. Bowles John Frazier. Of weird David Faletoa Geo. W. Moore David m. Dob son Henry seer eat Henry Jackson Stephen Road we. Alexander. Pay key Thomas Lakey themas Cooks Jasper sey bold James Wui iams. A. M. Nett John 8. Henry. Robert Clark. Jeptha Garrigas Joaq a a. Wright Tobias Miller. We. B. Boyd. James strange we. Strange Thos ers Isaac Romain Thomas Meredith. Thomas White. Pirez Thomas c. Stewart Charles Alexander Alexander Leslie. Pos Kyd Robert Dale Owen. M. R. Southard. Put am Joseph f. Farley. James . Gazle frooks. Andrew b. Denton or. M. Shepherd John s. Allen. Deiana r. Eckels. Poeter a a. W. Turner. Randolph David Heaston Andrew West Jeremiah Smith. Riplett John Snodgrass Miles Mendenhall James Muir j. M. Stodder s. S. Harding. I r.c8h�?Joseph Lowe Thomas Wurster Osmyn Robin a son Jethro s. Folger John l. Robinson Geo. W. Brownjohn Lefler we. H. Endicott. Scott a. G. English. We. H. English. Shelsta Joseph no Sale. W. W. Mccoy. William j. Easlee. Voohres Conover. Stephen major. Royal Mayhew e. Toner John j. Lewis. James m. Baxter we. Capon proceedings or thl democratic Republican state , held at indian\poli8, january 8, Imo. At 9 o clock a. The delegates assembled in the y Catton Robert Ferris Daniel Bates John Hendricks Hall of the House of enu Tives Forn fed in prices John Tome John h. Stewart Edward gird Simon Rhoer a Ion and Mutt aft through Washington strut and return Mcconnell Barton Jenkins. We. H. Dob we n. De a Ain to the Hall under the direction of Gen. L. Long Andrew freon Martin Warner Reain Davis Milton As Mani Hal. A Zjr a Robbins g. W. Mccormack n. Jackson. The convention was then called to order and Gen. _ _ _ John Milroy called to the chair the clerks of the House acting As a pro Tern Ormi Lauon. The following gentlemen then took their seats As Dele from Ali Eif cock to we. A Jackson marshal a. Wines a. F Scott d Reed. Bartholomew a. Tannehill James d. Farrall John Rupp j. 8. Lytle a. Jones j. D. B�4es, e. Arnold e. Hair Iblis j. Treadw b. F. Arnold h. C. Ferry. Boost John h. Nelson j. Huff j. Brvan. Ohnsman j. Bet w. N. Duzan Thomas p. Miller d. C. Vedder p. Long j. L. Benson g. W. Sample e. Sample Bow no Banner Brummel James Taggart t m. Adams e. Hamblin we. Thwart. Claret James g. Reed Thomas j. Henley j. S. Simonson Henry Whiteman George Lutz Jefferson hour Ard John Bottorf g. C. Huckleberry. Clatt John b. Nees John Johnson we. Mcintosh. Crawford a Samuel Sands. Carrolls Samuel Milroy Samuel Grimes Thomasc. Hughes r m. Milroy Philip Waters we. Crooks h. J Harris h. B Milroy. Cash a a. B. Duret John Wilson Graham n. Fitch. Blake j. D Armstrong Jacob Ander we. M Pareli Thomas Logan Andrew major Bon we. M. Rare ii i Nomas in John Barner John Vance Mordecai Mckinney . Har Ley. Dear Bors Amos Ine,, we Perry we. Lanqua a. T. Cotto Abraham Hoover George p. Buell Daniel coi away John p. Dunn Alexander e. Glenn David Reese. A ties a Duncan Fulton. Decatur we. F. Smith Wesley White and George r Inson. Dubois Ben c. Edmonson. A a a a Delaw Are Andrew Kennedy Abraham Buck a. M. Slack. A Lehart a. M. Chamberlain Matthew Rippey Jas. Cook e w h. Ellis., Favette Samuel Reese John Loder Wilson Thomp Kon we. Dickey. Abraham Boce James c. Rea we. Scruggs m. R. Fluid. Flotow Preston f. Tul John Brown c. W. Hutch in n. Moore Mordecai Collins we. Williams John j Grove Benjamin s. Tuley John Coleman Isaac Stew Art Philip Englman Thomas p Baldwin. Mar Kew Lisha Long Redin Osborn Freeman al-1 Ger Theodore Purcell James Wright Benjamin Osborn Abram Boyd Geo. Berry. Foustanis we. A. Farmer j. Ristine d. Newell j Mccormack h. S. Scott j. P. Carlton Michael Mccall. Gibson a Smith Miller John Hargrove. Greesen John Jones or. Grauth John Foster James s. Shively. A Miltown Samuel Dale John g. Bums l. H Emmons a. Thompson , j. Vav. Kirkpatick c. F. White c w. Harrison Ebenezer Horlbeck Samuel Janison Samuel Rector f. B. Cogswell John Fry by Roger w. E. Ritchie James ride a w. T. Wheeler John mum Gardner Davis f. W. Emmons Joseph Gore Switzerland a Elwood Fisher Martin r. Green Jas. M. Kyle Isaac Stevens Josiah s. Woodruff William Miller. St. Joseph Matthias Stover Charles we Olverton. Sullivan George Boon we. R. Hadden instas Davis John g. Dodd. Tippecanoe Thomas Smiley James White we. M. Porter. H. Ensinger Elias Bedford John Pettit. Union we. Wau James Leviston James Osborn Robert Long John Nelson James Anderson. Vanderburght Josih Lane a. B. Coleman. Vermilion Joseph Moore John Gardner Samuel Prater. Thomas Harris Thomas Larlin. Vigo William wines Walter did Erson we. Mullen Vohel Dean. Warricks a. Frisbie. Washington Valentine Baker Jonathan Lyon to Dolphas Schoonover John Ellis Henry w. Hackett h. C. Monroe John i. Morrison we. Perdue Elijah new land Wiley Johnson James m. Lucas James Markwell 1 we. Lee. I Watney a. W. Borden s. E. Perkins a. Grimes j. B. Otu d. D. Sloan Henry Hoover Harrison Shortridge w. Baker d. Buns Thomas Brown. White Roland Hoghes we. A vers John b. Wilson. Wabash a. B. Barlow. On motion of or. Huu of Fayette it was resolved that a committee to consist of two from each congressional District to present to the convention Ibe Lamca of aug table per Ona for the officers of the convention be appointed by the chair. The following gentlemen were appointed said committee. M. R. Hull d. B. Herriman. R. D. Owen w. A. Bowles George Boon d. R. Eckels t. J. Henly Bullock j. L. Robinson e. Fisher w. J. Brow w. A. Gorman j. M. Lemon and a the Houe of r0�reaentatjve�, so for m the mme May be applicable be adopted for the government of to big convention. Or. O. W. Ewing Presentad the follow log com Launi cation Elfr. Preau Leni a the undersigned begs leave Moat respectfully to aute to the convention that in consequence of his ext Olive Bua Iveea a gag menu with partners a Well As with other Pera of he cannot in it Ler any circumstances permit hit name be used As a candidate for the office of governor at the approaching Angust election and therefore earnestly request that his name May not be brought in question As a candidate. Very respect Folly. Your Gaoat out servant George w. Ewing. January 8th, 1840. On motion of r. A Owen resolved that a committee of six be appointed by the chair to prepare on behalf of this convention an Addams to the people of Indiana and to report the aame at a Early a period As possible. The chair appointed the following gentlemen a mid committee Robert Dale Owen Elwood Fisher Thomas j. Henley j. P. Dunn John Morrison Matthew r. Hull. On motion of or. Chamberlain resolved that a committee of Dve be appointed by the chair to prepare resolutions for the consideration of the convention. The chair appointed the following gentlemen As said committee e. M. Chamberlain j. G. Read Andrew Kennedy g. B. Albertson j. A. Wright. On motion of or. Dob on resolved that three delegates from each congressional District be appointed to report to Thia convention a suitable person for such District and that the said committee appoint one of their number who shall report two persons to be run for general electors. On motion of Gen. Milroy resolved that the delegates of each county represented in Thia convention appoint one of their number to compose a committee to report to the convention candidates fur the office of governor and it. Governor and that each member of said committee be entitled to cart As Many votes a the county Haa i senators and representatives in the Lio Gisla ture. On motion the convention adjourned to 2 o clock j p. M. Two o clock p. M. 1 convention met. I or. Owen from the committee a pointed to draft i an Quot address to the people of Indiana Quot reported the following which was unanimously adopted. Tena of thou aads of her magnificent i Huid Waters. But with the Good Haa also come the evil and the time Haa arrived when that evil must be Hecl de or if it be not Public morals National Faith re publican Liberty and commercial Prosperity May be alike overwhelmed in one common ruin. Not Only a private of Triena but a democratic politician a must be. See to this. Let us enquire Bow the matters at Issue Between ourselves and our political opponent Bear upon the great question before us. The straggle which has endured through All time and existed in All nations Between the pretensions of privilege and the rights of Equality has in modern Days assumed an altered aspect. The world is becoming too Wise to go to War. Even Kings find it difficult to persuade their subjects that it is pleasing to god and honorable before men to shoot their fallow creatures in cold blood without a cause and contentedly to sacrifice their own live in order to satisfy the Royal whim or fill the Royal coffers. The world has turned its exertions from the thide of destroying to the Trade of producing. Hence the decline of the Power of the sword and hence the increase of the Power of the purse. The Power of the purse has been for Many years advancing with giant strides in Merica and this circumstance it is Given a Peculiar tone and character to the contest Between modern political parties. They differ chiefly on commercial subjects. Banks the currency the funding system the effects of credit the policy of internal improvements the Best Mode of collecting and disbursing the Revenue a these Are the chief questions less exciting indeed but hardly less important than those which formerly divided the partisans of the few from the friends of the Many. Upon the decision of these and similar questions depends in a measure our escape from the pecuniary embarrassments Public and private which have recently beset us. What shall that decision be 1 we May charter to regulate the currency and in despite of the Constitution a great National Bank with its tens or hundreds of millions. We May clothe it with lucrative immunities make its notes a Legal tender for All government dues and Grant to it the surplus Revenue of the nation wherewith to speculate for the Benefit of stockholders. We May swell that surplus Revenue by a High Tariff policy and then at Henry Clay s suggestion Laviah the accumulated treasure on an enormous National system of internal improvement. Or if against this we have constitutional scruples the individual states of the confederacy May become speculators on capital borrowed in foreign nations to the amount of hundreds of millions. In pursuance of such a policy we May imitate As Alex Thomas hey David Mckinney. Nathaniel Albertson Day following remarks Gardner who after a abort retirement made the following report. Fur president Nathaniel West of the 6th District. For vice presidents Andrew Wilson of the let. George Boon of the 2d. Samuel d. Welsh of the 3d. Elisha Long of the 4th. Quot Henry Hoover of the 5th. Thomas Mason of the 7th. Secretaries James p. Carlton of Fountain county. Alexander k. Glenn of Dearborn. E. W. 11. Ellis of Elkhart. C. W. Hutchen Fryd. Which report was unanimously concurred in by the convention. Or. West being conduct it id to the chair made the and now loaf eased to Squire Sot Leas thaa Twenty it a Esu it Ien for in completion. Even now Limo Hec Woirol other state Faits in eur Enmei to As by oar oppose note we ibid that Indiana Waxe Tauy expended on Ber Louic we irks after deducting Tow probable Rahi of Iier Orif Ibal can unde boat six Aull Iohp e dollars All borrowed from i rope a debt to Ratee the interest Envieh at six or a Vea five per cent., Ber present and Safe Reid Suu Tex though the highest in the is insufficient. It would he a Mola Choly botel to a instructive talk to Trace the Rise and Progrebe and exhibit the management in Indiana of this Fott diff and internal improvement system. It was originally incorporated in a Bill Well named the Mammoth and which resulted in the simultaneous commencement of nine different works giving to each a specific appropriation. Without discussing for the present the abstract question whether it be Wise or politic in a state to borrow Money for the purpose of constructing a system of Public works or whether such a put icy be not an anti democratic Extension of the operations i a government beyond their legitimate sphere into the Uncertain Region of commercial Enterprise without examining whether the sagacity of self interest can alone safely unde Ruke or economically manage such project without enquiring further whether a tax for internal improvements by a state can Ever in the nature of things be other than unequal and unjust and whether if it be so such a us for an object not of necessity can be approved or Jurati fied by sound principles of Republican policy with out entering at this time upon these important in Quines. It must be conceded that the system which has been adopted is far beyond the present want and Means of Indiana. Nay More it is of a magnitude compared to our resources without example in tie history of Mankind. The pyramids were Stupe Xidous fabrics and lavishly was the labor and treasure of ancient Egypt squandered by her despotic rulers on these the marvels of a modern world. I he coliseum that Miracle of architecture Cost luxurious Rome some Timur teen millions of dollars. But history furnishes no record of a state or a nation that Ever undertook a system of Public works estimated to Cost one fourth of All the wealth real and personal possessed by her citizens at the time of the Enterprise if indeed we except our sister state of Illinois who has rashly followed in our footsteps. New York led the Way of the modern policy of loaning for internal improvements. In the year 1817, she undertook her a at canal originally estimated to Cost Jive and a half millions and which did Cost about seven millions and a half. But at the tune of the undertaking the estimated property of am Mamm cast of a mme red adj Muhm Wim Eom wed to the Tohm wealth of thai la diam a elea of nip a a to Timi in. A s mme she a Moo am id to de. In a Nin then do we m far Pree Dooc a i Tim Ihu age of. We Fiad am. Oar own a oof Nowag spirit Aad Eho Ruoai a fron the if Foreit Ijmte Fotaih when i see assembled Here a convention by far More numerous than any which Ever convened in Indiana and composed of those regularly Hae usos Henry Kinzer Vid Collins. Heso rices Lewis Martin e. Strance d. Matlock j. M. Grey j. Sigerson. Thomas Nash b. M. Lonn h. John x. E. Mchaffie g , Arioli we. Author fixed by the people in their primary assemblies repr., u.en., and a Hasar Uliules Murphy f. L. Goble Henry big a great importance of the duties confided to their Harvey Lahore. James Mcmeans Nathaniel Mcmeans charge have come up Here Many of them from great d. N. Bordell Miles Scott Leonard Scott Emery South distances without care for fatigue or exposure to Wick e. E. Johnson a. Boring thou j Winter s cold i must confess that it is with in quasi hah Cocev Andrew Megahee John Milroy John is Ems we. Philpot John b. Hanna John Martin Henry Wood us Ory Kaider George Sample John Bennett oho poster. Him Serosa a. H. That Faaee. Jac Esosa Nicholas we Damb m. W. Shields Ewing Derham we. Shields Joka f. Carr. Jar Ressos gaas Aliel Taylor was. Hendricks James h. Cowden James Cochran Joseph , wed. Griffin Daniel Chitwood h. Wilsco c. H Walden w. H. Donahue Samiuel Welsh a Soldier of the revolution John Hunt. Jas vises we. A. Bullock Achilles Vawter irly Smith j. 8. Bassett c. 8. Maynard e. D. Ferrell j. L. Jaii sos James Lusk Levi l. Todd a. Taylor w a. C. Richardson Jasses Wiley Geo. Ritchey to Sass Grant m Bridges w. C a a Nec Vanderveer William Harris Richrd Gosse b. Applegate j. M. Norria Quot Aham Lowe. Wmk Watts Abrahan Jay Morrison Rulon Benj to Bort hews. Is fest or. Brown p. Wheat Isaac hymn a it Joha Law d. C. Johnson. do pasier Beaty. it Mno w. Carr w. Foot Rob t. Mitch a l. Q. He Fiatt r. M. Carlum Joten y. Dunlap it or la pmrs-=3oha m. Leaito c. M. Cat cart w. F. T. D. Lamb w. W. Taylor Josoph Lomax g. Lass a. A writer May Isoby Heary Wyman Davisi Williams a. Coon by Quot a fied pleasure that i address you and Seise the earliest moment of tendering to you my sincere thanks for the great and distinguished Honor you have conferred upon me. The duties which require your attention Are of the highest importance. We Are Here to consult for the common Good and to select our candidates for governor and lieutenant governor and also for electors who in behalf of the people of Indiana Ahall give their votes for president and vice president of the United states. Thus Are we to guard Well the Best interests of our state now Dis arranged and injured both a to her finances credit Aad available resources by whig mismanagement and whig misrule and also to use our greatest efforts to sustain that great and talented statesman who now so ably presides Over the councils of our nation. Let me urge that our deliberations be conducted with prudence and Harmony let our Donn oils be discreet and judicious so that those who have sent us Here shall see that the Woik we have done is Good and approve of it. The democratic party of Indiana expect Moch of us. In a severe contest in August last they gained a great and Brilliant Victory their opponents were Suic Kea Dowa. Of Kiaha with Success they Are now preparing for the great and final a truffle with an enemy who never san Myers. Let is carry a most Ossis w. Pawed Adam red Ralph Bird a Quot a draw Jaek Soa booms Scott David mute and thorough system of organisation into a Shoa. The souks fits ebon. Masio a Martia mar Tadale Thomas Stout Asa b 8lnmc, Haverstick n. Botton Aaion Wright to Page e. B Wilsoa Demaa l. Mcfarland Jas. Webb Rma a iii a. Jaaires non Blosa Kisis b. Pir Vilips a hmm Taiao wins. e. N. Ski Mer Madies Yehh As Johaana Isaae Barrett John Lohm Joaa Simba Kan Meo Anid ads Ruht Peter Aal Koay Iowa Eltagi Timith we b. Surkey Goa. Jehasse Conon viols is Aaron Aldrid i Jaha ask was. J by. In Belgrove or Hall a Trimyer Joseph i. Burst her. I. L. Bilili Ai a. R. Wenlee Jeshaia soak Bambol 8. Bag a us Vaasa Umry my Lime bins no Rob a amyl Emma my wild so Iola Kleh every county every township Aad every Village of the Sute and then rallying around the candid Ataa it our Khoiee Good Mea Aad Traa Moreh again to hat tie and to Victory. The Fara Aera who Auu rata the fran Fields of la Diana have spoken orca i 4� Tea Biretha of a fast and november next they will Spaak a aia and with Aach Force Maneaty and Power that it Aeed Sno it of prophecy to me to Ardiet that oar of Ponata Whan Topoly defeat to Aad Soat triad will it Moh Piciotta for the Fatma. To from Diee Letioa Aad Sor Raitter of the our Trolo Vor the affairs a to Slata to to Edano raef u whoa of right it Hakise q�awtioaorlr.ai�l�, reel fad Fiat Tom Noaa forum Favara Naiu of to the people of Indiana. It is at All times the duty of a Good citizen to watch with a vigilant Eye the doings of the government under which he lives but never in our state and Seldom throughout the american confederacy has that duty been so imperative As at the present Day. Apathy culpable a All tunes is criminal now. Events that have been silently ripening for years have at length brought about a crisis in the affairs certainly of Indiana and perhaps of the entire United states. At such a crisis indifference is Little better than treason treason to our own Best interests treason to the interests yet dearer to us All of our children. And if every Man is called upon at such a time for counsel and exertion Especial is the Call upon the democratic party for with Triem both in this Sute and in the majority of Sites composing the Union is at this Day the Power to decide and with them therefore now rests the responsibility of the decision. We Are permitted nay called upon to rejoice that old jeffersonian principles the principles of the revolutionary patriots the principles of truth and of Freedom and of now at least after a protracted struggle against the aristocratic spirit of privilege and Mon Puly once More in the ascendant that the people who always loved have again recognized and approved them. We rejoice it is our privilege and our duty yet our rejoicings Are tempered by regret and mingled with anxiety the democratic party of Indiana is summoned to the Helm of state at a moment when the goodly vessel is in much peril when Breakers Are ahead and when the War of elements is raging around her. We obey the summons under a solemn sense of the responsibility it imposes yet with no weak fears of the ultimate result. Let those fear who doubt the peole let those fear who Are without Confidence in human virtue and without Faith in tiie world s Progress to the unbeliever in the Success of the great Experiment to those who tremble at the decision of the popular will and dare not Trust the results of Universal suffrage to such men who see More safety in the Wisdom of the few than in Tho Justice of the Many and to them alone in a Republic like ours belong doubts and fear and wavering. They have no abiding ground of Hope no fixed Polar Star of principle to cheer and direct through the Distant future. In Prosperity they Are inordinately elated and in ave Reedy unduly depressed. When the Sun shines out they exult a if it would never be obscured and when the Clouds arise and cover it they Droop As if its Light were gone forever. Not to such men should Tho destinies of a Republic be committed. We obey the popular summons then with anxiety indeed but without fear or doubt. Called to the Helm As the Agamau turns to his guiding Star so we in this hour of darkness and difficulty revert for safety and counsel to our original principles. In casting our eyes around us to note the signs of the times we see throughout the Union but especially in our own state Evila of a grave character producing distress and embarrassment in the present and threatening even worse Cou sequences in the future. A thousand explanations Are offered to account for our present commercial difficulties. The whole it it old is ransacked for their causes. But we need not look to a Hina nor even to England for these. Many extraneous and incident circumstances May have heightened the embarrassments of which All complain but one great cause has chiefly produced them. It is the besetting sin of our see extravagant speculation by Sites and by individual a with in usual Auen Dant a recklessly extended system of Crumit. Far be it from us to discourage the Atrit of Enterprise or to undervalue in beneficial eat cd. To that stirring spirit the work owes the Best of in Imi Ove menu and Mankind the fairest of Thair Hopes. It is the very principle Prograce. It if tha Spur to the flagging horse the cheering Ory to the Ainka ing swimmer. But As there is perhaps i nth an ture of Man to in Siple of without in Leavea of Good so Are there no Qiu umm to Kicmal but they May shoot up into and no Virtues so excellent but they May be exaggerated into vice. Frade Aea May a Ink a Nta a Ewa Iima pm Juam into imbue Iliin and Leeap Faaee into Ami Heioak it a Omitty Auy boo a albeit Aad oho info rash a f Goa Denae May swell iii Eom Awiley of it fees foes Harden into i ride. Ands Dol thei or tour Ander Hamilton recommended the funding system j the state was three Hundred and four millions of of England and proceed year after year borrowing i dollars. And yet with three times our wealth Bow and expending until our lands Are mortgaged to half scrupulously and cautiously did even the Enterprise their value and our taxes equal the rental of the ing Empire state venture upon a Public work not property taxed. We May go on granting exclusive costing one third As much As our system she was chartered privileges to Bank after Bank and thus Fos j careful to set aside even by an express constitutional tearing under a corrupting system of legislation by i provision various productive sinking funds her la every artificial Means in our Power an overgrown i creative Salt and auction duties among others to de credit system until the hopeless debts of the present fray tie interest on the proposed Loans. She and generation shall descend As hered Iury burdens to loudly examined the path before her Well weighed the next. J every step she took and Providenty anticipated All this we May do. Much of this we Are rapidly do every coming exigency. How different was the no. The Public debts already contracted or in be Hasty and in calculating conduct of those political Gocia Tion by the several states of the Union exceed leaders who rashly involved our Young state withal this moment double the National debt thai team in out a single precautionary measure in a debt of curved by America during the War of the revolution j millions and an enter Rit get of tens of millions they have swelled by the last accounts to Morel Pennsylvania the Quaker slate of Pennsylvania than 4 Hunt bed and eighty Willioms of dollars a followed Trio Lead of Mew York. And As sober a Sura exceeding the entire taxable property of this people once thoroughly excited commonly run into state and that of Illinois super added. And the cry extremes so the descendants of William Penn when is still give give the amount of american state Bonds at Titis moment offered for Sale in the fairly smitten with the prevailing rage astonished the world by their adventurous 8 it Irit. They added european Market is estimated at i err millions i to their system one Public work after another until a sum that would suffice to Purchase half the state they themselves shrunk alarmed from the Prospect of Indiana. So headlong has been the Rush into it of accumulating debt before them and at last con the Market and so eager the demand for fresh Loans j seated to receive within their territory that United that Bonds which could readily he negotiated three states Bank which the people of America had Dis years ago at five per cent., can now hardly be cashed at double that interest. Of the enormous debt thus incurred by the states amounting to about ten dollars Lor every Man woman and child in the United states about two thirds is taken by foreign capitalists. This of itself is an alarming feature in the Progress of our modern funding system. The relation of debtor to creditor is always to a certain extent a dependent relation. Let us beware England sixty five year ago sought to impose upon her american colonies a two Penny tax on Tea. The Republican spirit awoke and the sword of revolution successfully resisted the encroachment where is that spirit now 1 will it tamely suffer us still to proceed adding one Hundred millions of debt to another until we voluntarily become in fact if not in name oboe More the tributaries of the Mother country ? l>oe8 it not cry out aloud bidding us pause und reflect before we go on mortgaging to foreign nations the Industry not of us Only who incur these debts but of millions who Are to take our places when to Are gone 1 especially should these questions come Home to u8, the citizens of Indiana. Our Young state seduced by the example of her elder Sisters of the confederacy has followed too faithfully in to Lidia devious footsteps nay bids fair to outstrip them All in the downward Road to dependence and debt. During the political Ascendancy of that party once known As Federal now calling itself whig and soon perhaps to rejoice in some other War name a that party who seem to regard credit As the one needful element of National Prosperity nay whose organs have extolled it As a great moral agent hardly second in Beneficent and elevating influence to the sacred Power of education at the suggestion 6f her whig rulers Indiana has undertaken on credit a system of internal improvement originally estimated to Cost about sixteen milk Max carded for the poor Sake of a Bonus opportunely offered by that institution to relieve her growing embarrassments. Let us read in her doings a wholesome lesson the first step to dishonesty in an individual is a habit of profuse expenditure not justifiable by his Fortune. The first step to Public profligacy in a state is the incurring of do beyond the limits of Ber resources. Men and states do Many things under the pressure of want which in Days of better Fortune they bad scorned even to think of. In Public As in private affairs Economy is the surest safeguard of integrity. This is one of the weight est reasons against an extensive system of Public debt commonly eventual no in National embarrassments. It is a prudent prayer not to be led into temp ution but the difficulties from which Pennsylvania by such expedients sought to relieve herself were Light compared to those that await Indiana in the course she has been pursuing and under the management to which she had been subjected. Penn Sylvania s entire system of internal improvement is hardly if at All More extensive than that which we have it rejected. It will be completed for less than thirty millions of Dol Hirs. Add to this that it is far More Likely to be productive inasmuch As the chief works which compose it from the great lines of communication Between the Atlantic Sites and the Western country. But the taxable property of Pennsylvania is nearly seven times greater than that of Indiana and thus a scheme of Public works to a film flow off tide of emigration and a bag fond of taxable wealth bit ave i if pm ibo add and Radical Reform of oar in 9tm and a Thoron Aad immediate retf�ielim4pwr Public expenditure a Frda thine and Amarila ill pm one May we derive a was a Road of future Prosperity of India a. A Mav Kiriaki i oar Reah career of enter Rita a Urilli Alil Mapili but Aas redly a Ahall follow Oak. The Fig attic scheme of who Zahava Harai Traad the extent has never yet been made a Etoiel Paluf quest of in Ladi aae. Some democrats hats aah under and voted for the measure. 9omm vat i have contended and voted against it. Truth 4th mands this adm Staton. Aad a Paris that Wolm ter in malting it. He Oafae it might seem for do Tivit being expedient to represent it otherw4ae, pm build their Fihn re Hopes on a Sandy Flaada Tieti hmm would lose,.and deserve to lose the cons Enoa of the admit then that the support of oar or Laii even to the present Day not been exc tei Quot whig. We admit thamme Yommi Start cited their vote Biumi Nal improvement farther,1 views even of Many let Emo rata who Nowise Ihlia by How rashly we have involved morsel via Bavy Baa ii essentially changed and gradually Matoian a a a Prience disclosed the character and extent Waynik tem that Baa involved is. From the severe Leat iii of experience Otto Best and soundest principles of Pei by have Ever been derived. But while truth and Justice demand the a Teia Sions they demand also a farther Stew Eric Ofia iii Tant facts. The scheme of in Urnal min the leading feature in the state policy Quot of in Diana was first conceived and executed Beear ried on even until now under the almost exc Miva. Management of the self named who the cited its character and extent. During Ita birth had entire Progress they have not Only Flim Tho utile chair and chosen Tho presiding oae Levof Holifi houses from their own ranks but the chair awl of every important Cominitti of the Len Latura specially that of canals Aad internal have been uncompromising whigs. The axe Ailva officers of the system too have been selected with rare exceptions from the same part. For the original projection then of the system Dpi and for in entire management the whigs Are wild of right ought to to strictly respond Fibre. Ghers followed the current but they first opened the floodgate others acquiesced hot they directed its com i. And blindly and Wimly have they directed a through All in devious windings if Sime Ting Shiqi doubt remains As to the rashness of the first co Acap Tion of the system can there be any As to its it bed sequent plan of management ? if any there be to us be reminded that tens of thousands Baves Cresdy been paid to a Board of Public works for Mere Lacis dental superintendence that hundreds Thoo Sanda have already been spent on engineering Survey is Ami locations that millions of the amount Bon wed by our fund commissioners have not yet been touched by the state and May not for years to come a Livila Able and that after issuing or state pro def for m Temal improvement Pai poses to a mount of afro wards of about it Luora am a it miss of a a tors have not a single world completed of Iio nor approve he ing completion if we except the Wabash and Brit canal which has a separate land fund for Ita comte Tion and was no part of the system of 18. Tim work done is dotted in Dechod portions All Over the state. It is unprofitable and an Prodoti Ive indeed for the most part utterly useless in a Obi More Are spent to connect these detached portions and As if to fill up the measure of mismanage a to Dref incurring that great debt we find our their labourers knocking at the door four demanding not Relief or extra silo Quot Quot gence but Only their just and Legal manding these in vain r a Meta Scholp the situation of these men furnish howl of a few years a state May be reduced i ing necessity of seeing her agents Ait Weg Hilf become bankrupt before her eyes for the Ladt of Tho a wages honestly earned which she with Mittiea due to her has yet not for the present tha Meade to pay such Are the circumstances Ondar Bieh the dear a he Roriie the itself tile Lanai to into the Raga of. Souto Daviu. An Tiaa of aug Thor porn tto my Awaa auf Cli to the Epi Rii of Ooma Vetal Aab Arfaa. Ite Mai my allay tax a Orlef East army a nth Urko a Hbl thude of a Tom Rutn i Bdl Side Htiu a i i Nesif Liaf Lihr verse teary Faavi Hll a communication from Baring Brothers 4k co., the great London Stock weikers is Eop into Niles s reister of the Irith november last from it a make the following extract a the fats loan made by tha u. S. Bank for rears and for d00,000 pounds Sterling or nearly four Mil ions of dollars on Deposit of Pennsylvania and other state Stock at a Price which gives tvs per cant annual Ini rest to Timson Ribers Sims what rats of interest must be paid to obtain any amount of Money of the Best american Soseu Fetisa sad Servos Thor slim is a guide to capful is shows for i Shiv pore Hases of stats a a a a Aad a Little few the of the Barits add it if the a Dehaam Ofia Torau a move Meau in the Union is to a carried into Effit of the vast seals Aad with the rapidly lately prec Ted had by to Means of foreign Sapu a Asere cos Piel naive onaran Sethan that of in Divide states will he required to noise so Isris a Anthont in a Short time. A Itati Osal al nox Woald Aneid Itsel eol Leet Espita from All arts of 8orsly this must open our eyes cur opera Eyta Llsms it seems sea Imor mite their own Tanoa wet is. Yes Adf Pieiga Slee Holdem can read Leas lessons of put nay dare map a shoe the sir wit Rae a pm Der a. My is not muted them i Aad if am a no of al a it ride it it a Rothii if rein Veao Jet to oar a in ref Aitio to the original and present estimates of the Public works Quot gives As the total of the Quot original estimates before the Legisla tuts of lfi35�?6,&Quot the sum of is 949,387, or say in round numbers Smeen Miu Ioos of dollars theto estimates some of on the average of the others were a within the reach of the legislature which pass the internal improvement Bill on the Day of its a mass though most them were not at that moment in pantry la form before the leg Lola. Ture for the Bill was harried through before the Sagi neers a Rahad returned from the printers. Cio Vernor Noble s was for a Cratem to Cost ten millions and the original Apptt rial Ioos on the works amounted to that Sura Only. Hence the idea was stats incorrectly however that that was the Ori Eal estimate of the system. The estimate was about sixteen Millioan Aad to commonly adopted throughout considerably below what is now admitted to be the most is not Mots so than Sash first rough Satia Mes a Mally ate Saspe Eiguy when the great Iacre Ese of the cos of Hilbor and prov Imons within the Lesi into aceo�nt4. In the same a sport in Lidid Taia the last foot note or. Withams press As Tfir spit aus of work Daae a let november hot exclusive of Quot the sttmoffl9,809. The ill my. Williams a Union will be from o to 6 per Delft. A the it ova say �366,080 in diag together shout Shi Milf ideas al a my thousand Douai. I Weadd in Tho Saad Deuain for what has been do Anatase the Flat november radio is Leai the a Ltd a a Mal % Laa Zahave Shavit Mukas As the4etal meet of it via Tim portent a Studi of Samd a tse ent Imber the Quot a mall Sava there ,-4ad Dpi Egsa is Law Atiim the Iliad Wie Ahi Sofia la Leisio ii a a that Elm ii fief t the aae is May or Are raised in a pet a it s m the m i lion did pro of the m nation of Hub hands d by the wis oui al the total am ooh of Indiana state 6aid� leu to to 31�t december 1830 by the Lai missioners ice ludic Ltaif a n which were to live been ret Ned by a and four Bondreff a to Fiat five thes said dollars conditionally sold for the Madison Rai Nada is $11,-013,000 upwards of xxv is i Ilious of Dallan of these Bonds Are Bonds sold to Greete it Aak Stock. Deducting these and adding the amount Alia Ady realized for Cana fronds sold ,000, we hate sum of 000,000, applicable to the of the Public to or Ratier Lmh Ooghe under go de a gradient to have Besa App Esble. Bat the mall Weser done is As shown in a former apis a sat Svea Axilla ii and of this $644,000 is St of Doe to ouf by by isow Myrtil i of Obs million to coat cd a Iossi tsp Esthe upwards Law lion and a half which in Ltd Dpi go manaem. Thero has been paid out Wlton in if Liem Ais a a a that a Saxx a Illious of dbl via mined a the of Iodis a and Sre issued Hare never me ehred and my of a Iho time diag my Ltha amount of Bodai sold which it to has thee ii Sale for int smal in re renies to a Parai of f Amolat act adn Ftp out for internal improvements Lew than spi of Leavis of die Leaa made the sum at this Limi a in a i of this a want ins Ihaza a Muti Ewis ded of Thole Cosmi Aad bathing be. Early base Aitt Apefai Baah of a a county Baah and other new yeah Haaf Hundred tapas and Dell Ais k ii bpm Van Ilia la a a a i cd Candle Ibe tory and and a do ways of oae Hundred Tho Sahd Dot hos Alec a i u and mortgages tahs4, with lha a have iii rim w a debt due of the a Slat of by mine. The Ian Dequest a a Evide mar hgr ,ap1aia. A. U in addition to Temh be door Moi Deal Creacy Ime awl lion of a headed a sed do diag Laai year 1� new York Reamen to the Ven Mui i Daie oaths. I we to the 8tsto Bea irites frs Sirarpe pm Dutott Frimml a dental Exma Miof he ohm i Waal state cd we Wylie Hirw gym aril Liim a a Defea a in Siv a Fra t a a a my views. A r a a v ii Macii iii i

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