Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1836-10-11

WHAT su,tt VERMONT no WIN HER nr.
ro~iTI oF 5000, 900 OF THE suRPl Us Bry.
ENUEf

ton 10 tie pablo that tie money remaining he
rresu afhs DATED States 10 l.. dsy Or Jsru,y 1857
sser,irg ihe OF s. oCo eco shah b deposited with TIE
several states on oondou The, pass the necesail aw,l
N proportion 10 their fepfeut rtp'sniaon' - s Sea
ai' and iiouts Of RepfssrHiaiiru ef re L =
II 'pPoar' further b, Bep,u from he Trersury Depart,
meat IN oon'orm, with resolusn fhc Senate pissed
Jolly 1885 tfst tie amount IA The Treasury subject 10
dr'h on the st Of August SIS So $40 as and the
amount ssndng 10 the credit Of dsAuriuF officers" Nat
S3'75,1Jo y maAiuga aggregate o. SioaSo 90 10
have not ,ei the Sccrcta tctutns t Spcnr but
considering ioorc'suc ,c The sale. or,bo pub
hc aods and Other viii be reasonable tn estimate
tie amount TO tie Tcau, the lsi Of Janu1y aet sGet
d'doci'ng the fe millions At considerably exceeding
forty millions
Now tie nomlor of Seaa,or. and Representative in Con
gree fron tie t~cay-sA States iacu5og MieNean snd
Atkansns, amount TO 293 each of which on division or
The forty millions n p1'suanco Of tho Of Congress en-
titled 60 Si5G59 The stste of Vermont having .even DEL
"f''cs On Corgrsss would be- entitled to 10000 Arho
Is bcie'cd hc above will cs.cut1iy var, from tie truth
yet o' mJ present pdrPoso necessary eI,ete
numbers
The imp RANT question then question too in which
'he people ofts state feel deep and abiding interest,
mot exceeded 10y any which has ARISEN for cgstyo action
since the adoption Of uur Conru', MA question on which
tie agents Of the ptore assrmblcd nj Montpelier , short
y TIC called on TO acard fo tdf ccon viii lie held toa
street accountability 10y Aeir constituents say the quos
ton s 'chai disposition suH fremont make Of ht ssa,e Of
ne Surplus NettEue3
Now supposnr ro tho SHE Of stating tie case uhouph
tic fact exactly the as sha presently sho) that
tic above 5000 COO were frce and VOLUNTARY gn that
belonged to Us unconltiouai aud expected to receive
future dividends rs tie revenue IN the L : Treasury
unu'd TO accumulate 70 what object would sound policy
in tbs case. ditcc, tie appe1,on Of thce large sums
Some have proposed Intern. improvements am aware
cir, that I'll" terms Canal, Rliro1d Locomotive nc a.
m"ng The present go ahGGd generation sounds popular
ihcy seem to be doing things magnif scale And
admit too, ha where the circumstances ~
fertility of soil density Of population increasing travel
amount V buinesstle conncXon Of important points such
ascitcs % hre" murketstle board with the interior
lakes &c justify the Construction Of such works. ticy are
not only highly useful but profitable But it scuuay true
equally apparent to every who has examined tho subject
that, where these circumstances do exist project
this description requiring eriravagant expenditure of
large sums of money, with prospect of adequate
profitable return would be mere chimern of the narna
ton-so visionary that no prudent would think Of
throwing away on ii single dollar ofhis earnings.
Far be from me TO throw the least obstacle in tie of
projected works OF Internal improvements. nm in their
favor and hope they will succeed. The zeal of those
gcd commendlbe But II the same time be self
evident to every rejecting mind that where prude
and foresight sharp eyed capitalists and rpecuators will
not make the least investment in such place the mo-
noy belonging to the State not safe The people have
deep interest at stake. which they not soon nor easily
ofo sight of in the question, whether they win when cal
led on squander and throw away and hundreds of
thousands oil dollars projects where the prudent Ear.
ne aud greatest sharper Tor gain would neither of them
trust cent The idea is ton visionary propos,c rous
, 10 merit moments considerations
Besides Canal Railroad must from the nature Of the
case be too partial in the benefits coners to deserve an
hpPlcaon Of tie money belonging the whole people col.
'eehyey work Of this description on the East side Of
lie monntan would he nearly worthless to the people on
the West side, and rice So railway or Canal oca
ted any where would be much more beneficial to those in il,
immediate vicinity than TO those living distance yet
each would contribute precisely the same in proportion ,c
tie means 10 its construction
But 1t is useless to pursue this inquiry further Tie fact
u.s. tbs money does not beong The state She is not en-.
titled to cent oft II an individual for instance calls al
bank and pays $500 taking certificate Of depos Ii.
same from the Cashier 10 whom does the belong =
to the bank who has issued the certificate engaging TO re-
paythe money wien called for or to the person hodns
'he cefUhca'of SO is precitey, in relation to the ou
equal indictments 10 be deposited By the general
with The states Tic several States are mere dcpostore
the public money Tor safe keeping and when dcpos ted
VI" tee equally 'iable the dcpos banks no,e are for III,
repayment Of tie same when called fr on receiving trt,
days notice 1y the provision sec l3 Tor the repayment
cry $4,000 exceeding $1,000 Tie Itself is called
AN act TO regulate the depoutes Of the public money not
gre them the States and the 18Th section is ,ho
c IN point hope you WI oblge by Publication
have 'ahen the liberty to emphasize tie words making Tic
States H. Tie.
- {. - ind be II Cyihsr enacted That TIC monci
which shall be "a the Treasury of the g. = Is
OF January, 1881 cserIng The Eve nnns of doari
shall he deposited with such of The several States go pIo
ploH 20 thelf respective representations 100 the senate an,
House If Representatives n the United slatcs sh. b.
Jaw apttGrte their Treasurer other competent
to receive the same on the terms spec fed ana
the Secretary Of Inc lfcisury s9 deliver o. sue
Z TREASURER oil or competent authorities on ifcfrg ce,
hGelis Of dfpos therefor sigHed BIZ sh coupeffgf an
h0rifss such lorn msy be prescribed by tie Secfct
~ aforesaid, winch CcHhcatcs shall tIpress Ne usual an
lsgGl Obsa'igEs Of dfygsiOJie. ofMrpuJic mo
a n'y for hc safe kcpiHg and repayment Hels0C AM
' SHALL PLEDGE IilE FAITH OF THL STATE,
- RECEIVING iIlE SAME 70 PAY me SHID SO
MES ANb EVERY PART I1iEhEOF from t.nc L
tws 'ehfnerer tt same sha!i 1e regtd By he Secst
/. OF he Treasury ipr HE puprse deIraytug any wants
nc public Treasury beyond tic o tic 1--WE million
r a'rrcsId.'
Iaaddton to the tie Secretary oru To'eury los adou
Eel form requiring the competent authority or each stat
tn ssn 1nd se'l cc1drl'e sslfnaiy and legally badi
e1ch si1'e"fo pay me sud many TO deprcl ietsnsr.