Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1842-01-24


Ian have fallen to the lot Of the people here
$50 long as we the doctrines of free trade asso-
ciaed with the purpose of obtaining the greatest
| amount OF labor for the least amount of food, we
shall be slow to espouse Them unless we suffer
ourselves to be-caplivated by a name, and are thus
persuaded to relinquish the substance for the shad-
! ow. The state of things around us, must con-
vince every person Of ordinary sagacity, that our
great interests are not only promoted, but depend
for their success on division of labor. 1t is e.
| qualy obvious that the more heavily foreign COM
petition presses upon us, the more difficult il be-
comes to maintain this division, in all IT'S divers-
ties,and whenever any one branch of industry sinks
under 1t, the shock is felt by the whole. II is u
| platter of momentous consideration, that we
should he true TO ourselves and ndhere to those
great principles Of public policy which have ee
waited the people, and rescued them from that de-
| porable condition which is often prevalent under
what is falsely called more enlightened policy.
Hook upon the distribution act relieving the
revenue from the most embarrassing obstacle to n
Just arrangement of IT, which will have something
ike permanent character; while the funds which
II disposes OF will reach the whole people, and be
expended in manner incomparably more advan-
tageous to the States separately, than TO the States
united. 1t is a mistake 10 suppose such revenue
is TO he lost or wasted under the legislation of the
States, ms they all have occasion for more funds
than they find it expedcnt to raise. Those which
have debts may apply it to relieve themselves from
the pressure of obligations; those which have
none may use ii to tighten the burden of taxation,
or TO advance the interests OF education, or TO
dcvcIope their resourccS,-or to improve the chan
nels ot trade and commentator to promote any
of those great and useful objects which are neglec-
ted for the want of revenue. 1t is II measure, on
the whole, which strongly commands itself to the
favor Of the old States rs securing to them their
just share Of interest in the public domain, and
he likely to excite discomfort among such as would
impose bard conditions of policy upon us, or
would traffic in the lands for political purposes, or
claim the right to tho exclusive enjoyment OF
them.
.Nciae Lcgisiaiure.-- Cor. Fairfeld's .Messnge.-
The public debt, exclusive of The Indian and
School Funds, is about s ZOO 600.
Tie proceeds AT length against the policy of the
"Land Distribution Bill" aud concludes that ar.
gument 10y proposing resolutions against The bill
and the maguaumnus recommendation that tie
State "refuSe 10 sanction Il by a reception Of The
money"
He recommends further guards upon the ballot
box, and the passage of resolutions in favor of
fixing The election of President upon the same day
in all The States.
He expresses his regret that no father advance
has been mnde toward the settlement OF the oun-
Diary question and INDUCES in an eloquent passage
urging upon Maine To "use all the means which
God and nature has paced in her hands," to tnke
and maintain possession of the whole disputed ter
rliory.
indiana.-The Senate of Indiana have passed n
resolution in favor of the oue term principle for
the Presidency, by ayoto Of 1924.
In the House n resolution hns passed to the
second reaIiug which iusrucs the Senators and
requests the Representatives of the State in Con-
gress, to support the Fiscal plan submitted TO Con-
gress on Dec. list.
The purpose Of Plnasyi pdnid.-The following
resolution on the subject OF Reputation was in
rroduced into the Senate of Pennsy vania on the
9Th, and read, considered and adopted without II
dissenting voice -
Resolred, byh Senate and House Of Representa-
Tires, That the faith < credit of PENNSYLVANIA pied
ged for the security Of her loans shall be kept sa-
cred and invioate. Individuals may be found
who shrink from their accustomed integrity of
character when embarrassment overtakes them
but the free sons of Pennsylvania auhoriz us,
their representatives. to declare TO her creditors
and to the world, that her faith and credit shall be
preserved inrtoldte in every emergency; and that
the doctrine of reputation of debt contracted
under law, whether iudciousy or inludciotsy
expended, shall never until the last moral and 30.
litcal tie of her government is sundered be yisi-
ted upon her honest and coufiding creditors, of
this and other countries.
Hurrd for allie Deldtcnre The Delaware State
Journal says,-'It is source of exreme cratif-
cation, that while SO many of the States of the Un-
ion are so deeply involved in debt, that our own
"lttle Del aware" is not only without debt but has
an actual surplus of half a million in the Treasury.
The Auditors account, presented to the Legisa-
ture last winter, shows the amount in the'Sate
Treasury 10 he 81, including the School
Fund, which was l792e392. Tie estimate of
the expenses for the year lS4l was Sl64l4, and
the Stat" revenue for the same time S23,6l0-
being an income of $7,3J6 above the outlay.