Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1842-11-22

BoONE COUNTY, Nov. -, l~lg.
MFssRs. ErIroRs-The heart almost sickens IN
view of the sad and lamcntabie condition of the IL
nancial concerns Of our happy and prosperous.
but now embarrassed country, and the important
enquiry Of the patriot and phanthrop.st IT, can any
further relief be granted 90 oppressed aud dis
heaTtened community" We are borne down on
the one hand by an intolorabe load OF public debt
destitute of any ability TO discharge either the prr-
cpal or interest aud on the other, involved 10 IN
extricable individual Indebtedness, entirely beyond
means of recovery.
Much excitement pcrvadcd the country during
the late canvass, aud many questions of VITAL and
absorbing interest engaged the attention, not only
OF aspirants to public favor, but of every depart
ment of society.
Many have looked with intense interest 10 The o.
tabl shment of National fank. and protective
tarf the greatest paHacca Of NJ. iheIrpecuniary
ficuliIes: while others, with equal anxiety. bat
less credulty, have despaircd OF al Legislative
terrenton, as restorative TO the prosperity of the
country. lin we're possible. (which however is not
admttcd) for a bank and tariff 10 produce al iac
happy and salutary effects anticipated by their ad-
vocates. hope for the passage The one nor
the effects OF the other, sufficiently early 10 meet
the extreme eXigencles of the country. Dlfing tie
continuance ct the present Chief Magistrate none
dare expect the establishment 81 a National bank
And in reference to the dcf1sire hopes entertained
by the friends Of high protective tariff they WILL
doubtless terminate IN utter appointment and be
found to rest upon no other basis than the silly cbu-
lit.ons Of brainess Imagination. Although the
present protection Is entirely ample m the ludg-
mcnt 81 some, and much diversity of opinion s en-
tertained by others, yet the important enquiry
still presses itself upon u, can any thing further
b. done for a suffering community"
VI ith0ut attempting 10 discuss the comparative
merits OF each and every measure which o. ett BE-
proposed for the alta iuncnt Of the same sirable
object. the writer Will come directly To- tie one,
which be suggests being IN bis opinion best cal
cUaicd 10 secure the industrious and cntcrprls ~,
brat unfortunate debtor from the relentless and ner-
CHESS hand Of the creditor ami from the hufnilat-
inr condition of ner table bankruptcy. L. Is that
the measure which has her,toiprc been introduced,
be carried out.
That the measure which has partially been thepoI-
teal salvation Of iunum,rallc OF the CITIZENS the
State Of Indiana be made perfect Ia short. that the
good work Of protection be made entire auI
Does not every argument which Is M favor of any
protection, apply with equal force au entire pro-
lection tocFcry species 81 property. T. the far mar
kct yaluct II the constitution OF Indiana rnaran-
tees to ns the right OF acquiring and possessing pro-
pery, VINO has right % eXtort Il from us without
valuable consideration! And if the same article
and section OF that sacred instrument further pro-
vldcs, the ght ct protecting property what arm
contrary TO rs provisions, dare attempt o. wrc.t u
from usl II \ purchases Of -, three several pieces
Of property. valued al one hundred dollars each.
and M cons Iteration Of which, \ pays y the sum
nftwo hundred dollars, does not receive one ct
TIE pieces 81 property without remuneration And
Z \ has right u require il 10 sacrifice one thlrd
Of las property, has lie not tic same rirht 10 re-
qnire hm 10 sacrifice two thirds, and u \ docs
possess such right. why not carry out the primer
pie, and when ceuIandci require HIN % sacrifice
three thirds Il may however be sad. ta4t the
law Is made right, by cgislativc enactment. Can
the puny acts oi icg station make right that watch
is both morally AID politically wrong. or lugert The
lmmata5lc laws 81 justice JrrfERso..