Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1838-01-27

ne currency OF O1f state IS also IN q depOra-
bic condition, demanding the early action Of the
people through their representatives. Our citi-
zens are compelled by necessity to receive and
use as the common medium Of circulation, the
small bills issued by foreign corporations, while
the banks Of or own State prohibited by
iaw from supplying our citizens with this essen
tiaI part OF the currency at the present period
Tho exclusion of the small notes ofour own State
operates mi 'riously upon all, and subjects US,
taxation In the interest upon the Circulation to
or sister States. We are in favor Of suspen-
sion of ,na act prohibiting Il inks from issuing
bills unlor the denomination OF live dollars, that
they may meet the wants and convenience of
oiir citizens and expei the foreign ejaculation.
On the important subject Of oar State internal
unprovem We beg leave ~ call your attention
to its former grandeur and glory. ami It's present
condition within or borders. Daring the AZ
ministration Of Dewitt Clinton, State uc-
CURED Il standing for tho extent Of its public
works, the bOldncss of its plans for Improvements
and the sudden and successful completion of their
important details. worthy Gifts population and re-
sources, and placing it in the front rank Of the
Coniedcracy.
| The noble example and proud results of this
great employment OF our ample means and credit,
have stimulated our sister States to improve their
territories and the means Of intcr-comnunication
and emulate in the honorable career of add
vancemcnt. But in the mean time the mi ghty
and the once active cncrg les of our State seemed
to become paraized; the works lately undertaken
although of an important local, wanting in a
general characters and ncghboring State,
PENNSYLVANIA, has continued her gigantic efforts,
undaunted by the obstacles Of nature, unnindful
of the doubts of the umd, and regardless Of the
snccr and reproaches of the envious and misjudg-
ing, until she has become a powerful rival and
dangerous competitor for the trade Of the great
West. Her statesmen have most justly essimat-
cd her resources, aud the rapid development Of
| her wealth and revenues; and they have not
paused the t.sCh1rpe of their hiUh and T.
rioic duties, to conciliate appease the iactious
or the designing: no petty JealousIes or distrust
of her citizens or her strength has relaxed, her
t devotion to the public welfare and her rapid pro-
gress, now calls upon the citizens of New York
to decide whether the empire State shall take
I second rank IL the confederacy--we feel proud,
ly confident OF the response our fellow citizens
5 will make on this sub ject.
G We cannot suppose that the subtreasury scheme
i is to be recommended within our own State
= although we have seen some Resolution of the
Il Loco-Foco's calling for it here. We cannot view
! but with abhorrence the proposition to collect the
: taxes from our farmers, the Canal Revenues, Auc
ton and Salt duties, and interest on the Bonds s.
C Mortgages, constituting the States funds, ir
+ gold and silver only, and to withdraw it from thu
C people and hoard it In strong boxes.
: We conclude this address by again recurring
d to the distinctive principles of the Democratic
/ Republican party derived from its early organ
IZatIOn and practices, n the necessity OF proclaim
e ing and adherng to those principles from which
y the loco-foco's would have drawn US. In repeat
r ing unwavering determination to MAINTAIN
n those great Essential principles of Cover
n ment, may say in the language Of jaime
l. Madison: 80 1t is contest which appeals for it
, support to every motive that animate al
ID uncorruptcd and enlightened people, to the low
Country, to the pride of Liberty, to an emulation
- Of the glorious founders Of independence by
successful vindication Of its violated attributes
ir and to tho sacred obligation of transmitting en-
tire future generations that precious patrimon
c Of national rights and independence which
n held in trust by the present, from the goodness
le Dirinc PrOridence.'