The pilot and transcript. [volume] (Baltimore, Md.) 1840-1841, 1840-12-29

and fearless spirits can alone conduct us safely
ard triumphantly. With such to direct-sucf
to lead us, there no danger.
Ours are debt-paying people; and the prompt
ness with which they have denied their conf
dence to every unprincIpled demagogue, who
dared to preach a contrary doctrine, is the
proudest evidence Of the stern moral honesty
that pervades the mass They have complained,
and perhaps in many instances justly, OF mis-
management in the conduct of their afiairsj but,
then, whoever infers from that, that they could
be persuaded to repudiate their honest debts, is
| ignorant of their character, and but poorly APP
preciates their frmness and integrity. The
| point with them is, not how to avoid their con-
| tracts, but how they can best fulfil them, with
| the least possible oppression and dIihculty'
These facts, therefore, unerringly designate the
course YOU are to pursue and the duties you are
expected to perform. They are evidently to
curtail every expense, as far as praeticable, to
husband our resources carefully, to apply them
judiciously, to resort to taxation only when all
other lust and proper expedients fail, and to
maintain, at all hazards, the credit of the State
unimpaired.
As means of relieving the State from the
burden of taxation, Governor Wallace recon-
mends distribution among them of the proceeds
of the public lands.
He is in favor of prosecuting some of the prin-
cipal public works, and thus illustrates their
Importance:
Through the politeness of the marshals en-
pleyed in taking the census, have learned that
about 100000 bushels of corn, 81 1000 bushels of
oats, 1000 bushels of wheat, and 10000 head
Of hogs have been raised in Marion county this
year. A better or more striking illustration,
perhaps, of the disadvantages under which the
farming interest of the interior labors, for the
want of some cheap and convenient thorough
fare to market, cannot well be offered, than SIM
ply stating the difference of value between the
foregoing articles here, and on the banks of the
Ohio last summer. Corn there commanded from
40 to 43 cents bushel, here from Is to 20, a
difference of one half against the farmer of Ma
rion, or upon the 1000 bushels of $780, 900 dol
lars. Startling and incredible as this fact may
at present appear, though limited to Il single
county, still, what must be its character when
the produce of all the surrounding and interior
counties shall be included in the estimated
With IT in possession need the advocate of In
ternal Improvements ask surer guarantee to
secure for him an attentive and a successful
hearing from the people and in the halls Of le-
gislation'
The plan of loaning the surplus revenue in
the different counties, as might have been anti
cipated, has worked badly. The interest on
one-iourth of the loans remains unpaid. Con-
verted into bank stock, the Governor estimates
that this fund would produce near 100000.
The number of acres of canal land unssld is
107,913, worth about $4,000.
To aid the State in passing through her pre-
sent difficulties, the Governor recommends an
increase of the capital of the State Bank, and
that that institution be permitted for limited
period to issue small notes.