Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1838-04-28

une same. NOW 1t IS found from positive, and ac
knowiedged experience; that canals, located in
as fertile agricultural country NJ ours; viii sus-
tain their expense; when from so to 60 miles in
length, and are unobstructed, In the connexon Of
their trade, with the gencral commerce Of The
country. And McAdamised roads, which form
important part OF our system will Weld tolls, as
soon as few miles, arc finished. What IS the in
eumbrancc then. which has been found necessary
. burden the Citizens, Of the State; to supper,
our Obligations, in the payment OF the COST. o. q
miles, upon each work; which will require aid, ,
by direct taxation Of the State. The fund ap- |
Propria'cd las. season. to internal Improvement; !
was raised by levy of ) cents, on 500 of pro- /
perry, minus per cent. for school purposes. Ma 7
king in the county Of Wayne ST. 53, equal to
az cents TO elct taxable person, the county. In
the present year. by release from extraordinary
demands, on the State; such the building o.
the State House. Sc, additional cents per
Sl0O IS Sc, free from it. former application; and
annexed to the Improvement fund. which doubles
III, without further taxation. In PENNSYLVANIA
where the valuation Of property, is much higher
according to the production Of capital, than IN this
State: and OF consequence the tax paying ability
much less than Ours; the county and road tax.
alone, average the State as igh as ID CENTS
in the hundred dollars. Suppose thu; our taxa
ton is doubled, the mailman estimate, esteemed
necessary. bv the cassifi.rs of the last Legisia-
turc. contained in their address, which was
laboriously dranghtcd, for an unfavorabie effect;
1t would still remain, far less than that OF Penn
syania. for their ncigh5orloodo or county purposes
alone. In examining this subject VIC generally
ioverlook the fact. that by the end Of this year,
such an extent of work will be executed, as to
enable those portions TO 60 into operaion ana DC
como themselves source OF revenue; winch VIII
constantly increase with time, and the extension
of the work. Hence it will DC found necessary
to provide other means. of lIquidatng the inter-
est upon the expenditures only: but little exceed
ing in amount, that which Is at present executed
And n vigorous prosecution, OF the WORKS; VIII
place them by an early completion, IN coad'-
ton to satisfy he puhc creditor, and release the
community even from existing demands. 1t Is OBJ
jccted that the former expansion OF the cur
renew suddenly enlarged the estimate OF our tax
able's, will its contraction, operate to check
that increase; and if not reduce II, below ITS pre-
sent amount; keep il atlcast stationary ;-"hiie
our works, are progressing at their usual cost II
may be remarked that much of the increase over
the first calculation Of the cost Of the works O
$4,000, 900, arose from that cause, IN augment
ing the price. of labor and materials. And 1t d
surprising they should overlook that result OF the
contraction, if indeed il occurs, reduction IN tn
Of the works also, hereafter, and with this Ia
vorabe prospect, that that decrease, IS likely t
J. continue permanent from an increase IN, tia
supply Of labor and the facility, OF acquiring ma
:; tcrials; while the Improvement, oil uncutt'vatc
:: lands tho accession to taxation OF the great DC
dy, sold in 3o-6 and tho rapid sales, and Improve
due; will inevitably f,lsify, all predictions OF
d arrest; of rapid advance, in the sum, OF gu
]. property in future.
IT Many apprehend, that the arrangement OF tn
5; currency; will seriously interfere, with the sal
m of State bonds. But in times Of pecun'ary en-
j. barrassmcnt; when the common business, oil IN
4. country, becomes distressed; and Proht IN usu
v emp!oyments curtailcd; and Confidence IN priva
IL security. greatly imp hired, OF destroyed: caPit
n ever seeks with avidity, those Investments, tn
s. afford the greatest security And nence X
s; that States whose faith is prcservcd insio!at
~ find in that state of things; instead OF mPe
~ mcnts, increased facility, in contracting loans
he In the adore -, before ALLUDED to; on reters'r
II to tho rashness of our State; and contrasting
n resources, with others; views, ana omissions, a
he found preudicial to just regard, of our abIit
At The assessed value of the property OF our Sta
M Is presented; and compared with their strength );
RS, aifording proof Of the relative capacity Al
he rcquisitiou for improvements. What has tho tn
Mt able value to do, directly, in Pennsylvania, WI
he the ability Of the State to execute her works :?
is Not a cent is Levied directly, thereon; to aid
re- in them; no State tax, IS paid Her works Inv
all by their own energy, wherever matufed; throu:
u.s. the production Of tolls and the indrec, offerings
a trade, commerce, and capital, whose operation
&c are inseperaby connected with them. Bnt
IL, the statement, did tho gentlemen Legislators,
ng sign TO imply: that in oar natural capacity,-a
'ar in the yal:e OF consequences calculated TO resu
cid from public improvement;-wc were so great
inferior to thcm-tor they arc the considerable
We which the policy Of Improvements rest
,ch Pennsy ivania, for ag, back, long before I
hat government, commenced her works; comPan'
re- were chartered to construct turnpike roads
ut Millions were invested in such improvement
gu and the people through their enlarged NEAR
ca cheerfuy paid in tolls the interest, and an tin
Tor, the capitol for their cost The natural resourc
nor Of the State, large extent became develop
ria And upon this condition, of things 1t IS assum
ur- that a system Of Improvement can be predica'
be- more wiscly--gnore in accordance with the pr
rks ciples Of economy-more in conformity with
nsc tabIished rules for the investment OF CAPITAL
eat than where those resources, lie yet untouched
tea the seclusions of nature; and prepared to we
all their fruit; 10 the sunshine, of pervadi'
it. and general Improvement. Vain and prePostere
!, of position. Every person making investment,
her production looks the richness OF the return
10 The amount of profit. accruing thcrcfrom, as
guide. Ii he has cultivated land,-vaIued
UGH $50 per acre and wild land, rated at 81, uF
APP which can he most wisely invest an equal sum
was money in Improvement! Which will return
the greatest per centage OF Proht.-and UNI. ersai
bu- pcriencc and common sense answers Look o.
>r~-rt- TIM, ffx-