Vandalia Whig and Illinois intelligencer. [volume] (Vandalia, Ill.) 1832-183?, 1834-06-12
in view, the reduction or donation to the

in view, the reduction or donation to III
actual settler.
Mr.. Gatewood next addressed us o
the subject Of the election for senator 1
9our State legislature. He repealed
charge made against him concerning III,
loan negotiated by the session before III,
last OF our legislature, and satisfied m,
that all blame should be cast on those
who advocated the establishment of q
state bank, and on those who composed
Two or three succeeding legislatures
lie said the legislature that chartered
the state bank, made the notes of tina,
Dank receivable at all times for debts
que The state or bank, the legislature fol
rowing in paving themselves for their
services shaved this paper, the money
OF their own creating, which they had
previously bound the people in their cor
Poral capacity to take at par for debts
due to their treasury. (He said.) sha
we'd this paper at two and three dollars
Tor one, paying themselves SO per day.
instead OF So which the law ohly allow,
ca men, The governor and Judge $4,000
instead of $1,000. thereby doubling and
'hrIhbiIng the expenses ofthe govern
mcnf. This policy he commended was
The policy that had ruined the country.
ana involved the state in debr. by in.
creaslng its expenditures three fold. and
by the acknowledgement Of MANY Of the
branches OF the state banks, and which
brought upon them in 1881, the necessi
ty OF rcsorting to some means to relieve
the state from being pressed for the re-
demption of her paper in circulation, a
vast amonnt Of which was ready to be
presented, and the loan was the only
practicable mems shat could he de-
vised. He said that If the legisla
lures of 1882, 3,4, aud 5, had borrowed
money at twenty per cent. interest to
pay then Sc Ives, il would have beenl
much better than AS they did issue notes
10 he redeemed by the state. at par with
gold and silver, ard pay these notes to
and the officer of govern.
Dent AT two and three dollars for one.
which was in eff CT borrowing money at
200 per cent interest. H. gave us some
nformation on the subject of the coun
y taxes, few years back, and Of PR.
rate act passed by the last legislature, in :
relation to them, Of which many of us
we're entirely ignorant.
Mr.. Rowan concluded, and addressed
is upon several subjects of interest, he !
some little misconstrurlions
hat bad been given to former speech, |
,e advocated the disbursement Of the 3 !
'er cent fund, according to the purpose {
II lis donation, and, many other subjects
# importance. X. Y. z. /,
The St. Louis Republican of June
I'd, says:-- s..s
difficulties are anticipated between
he Mormons and the citizens of Jack
ion county. A letter from Independ
,nce, under date Of 2lst May, says
'The people here are III fearful 1xpec
alton Of return Of the Mormons to
heir homes. They have heard that -
reinforcement is coming from Ohio, and
hat as the Santa Fe traders leave, the
Mormons will re cross the river from
heir temporary residence in Clay coun.
ly; in which event much blood will be
she'd. II is not to be wondered at. tina,
they have chosen thus as the promised
land for il is decidedly the richest in
the state A merchant Of mdepend.
ence has, we understand, given orders
isr a peice of artillery TO be sent to him
Immediately, TO be used in defence ofhis
properly. The Mormonites are now on
their way from Oaio."