Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1842-10-25
T. &. STEWART, Presf.
Z. ALEXANDER, t-... poi,
u. BRENrON,
W. HOLDEN, Secretary.
SpEElII-


Deferred AZ u meeting 4 me cuj~lHs of Hudson
Township, Pike County, By +. L. Sanger
Mr. Prcs.d and fellow citizens:
1t is the constitutional right Of the people OF THIS
fee country, peaceab.y to assemble TO discuss and
deliberate On public measures and matters oi inter-
est 10 interchange opinions, and 10 instruct their
representatives, to carry out Their wishes Inc Oh
lect Of this meeting d understand Il, rs 10 take
INTO consideration the condition OF the country The
causes winch have led 20 our present pecunary en-
barrassmcut. aud the best measures of rehefto the
people Here is coaWon ground, u1un winch we
can unite without stfuct.oH ot plrty. Cd te 0taie
debt 10 IS not my purpose 90 sly any thing. ibe
people arc 30 D. a1ra1le c.ueitlani deeply 90
debt, money almost tanl>acd if'n c.rca.1'Ioa, laa
the price of produce ana labor merely nominal. Inc
immense sums expended ly the State ON TIE pu3-
lie works. together with the enormous cN 'aut.ane
OF the bank paper currency, induced tu' people 20
over trade and To contract debts winch their ue AIS
are now entirely unable o. lqu.datei and without
some measure Of Understanding 10 protect their
property from sacrifice, until by their industry and
economy they work ont of debt, scene oI bank
Tuptcy distress and Suffering VIII eusue, unparal-
eed heretofore, in the history of this country I'm
prov dent gslation has been the cause 90 tins DIE
iculty and the sitting OF the legsl1tIve body
is near at hand 1t Is ghy proper that tie subject
of relief should be agtatcd before the people Or,
no more deeply deplores the necessity OF relief
measures than DO. sad, indeed, IS the condition
OF that people, who are under the painful necessity
from the effects OF the contracts which they have vol
unfairly made. Acknowledging no superior but the
Creator, owing homage obedience but TO the
law, II should be the pride and the glory OF every
freeman 10 be out ol debt Sir, we must we Will
pay our debts We hive productive soil, strong
hands and unconquerable spirits. All we ask is,
that our property may not be sacrificed, and de-
voured by cost and stripped from us tor nothing
leaving our debts unpaid and US without the means
ever 10 pay them. y the less EVIL. favor relief
d. traIr
they tend lessen the moral 0gatlon OF contracts
/ grant IL. But, sir. relief laws ia time OF pecunl
ary pressure the origin Of the immortality
complained Of. II lies in that general system Of
credit which created the pressure. II lies IN that
legislation and policy, which invests lew ma VIZ
duals with chartered privileges TO stamp slips OF
paper and call them money and circulate them as
SUCH and with power 10 make money plenty or scarce
good or bad at pleasure. Which would tend most
TO immGrality and Injustice 20 protect the property
of the debtor portion oi the community from sacrifice
IN time OF pressure, or 10 give another portion 90
the community cgal authority 70 make =, or Idol
lars Of paper money TO Of real money which they
ever earned or owned, with winch 10 buy the .lro-
perry O. the debtor under the sheriff hammer Tor "a
song
Again ask which would tend most to immo-
rality, protect the property Of the debtor from
sacrifice, while money Is not 20 be had, while nel-
Their produce labor Will command IT, or % strip
him Of his property for naught, reduce hls family u
the morality OF the law 10 make an example OF such
unfortunate Individual 1t would Of criminal
10 deter others from like course For the honor
of our free Institutions | would hope not l think
experience has abuudantiy proven that the most So
we're moral test that has ever been applied 20 any
mans principles, Is, TO deprive him 20 TIE means
TO pay bis Just debts, and 10 provide for the wants
of his family. But few can pass through such a
fiery ordeal without having their tone ot moral SEN
timent greatly lowered and many under such CIR
cumstances sink into despair; cease 70 make any
exertions TO retrieve their circumstances and be
come reckless OF conduct and character. Without
some measure OF lief vast numbers OF our fellow
citizens must sink into tins unhappy condtion--uo
eXeTton o. theirs prevent 10. II the old DEM
ocratlc republican doctrine be true, and / have
never heard II disputed that government should be
90 administered as 10 DO the greatest p8ss Die
amount OF good 70 tse greatest possi 5le number.
that should certainly be tie policy now. Bu,
while We would exercise mercy 10 the debtor we
should not forget the just rights of the creditor IL
legslatng for the many, we should no, Cypress The
few | have heard four measures suggested for re-
lief First, an issue OF Treasury notes based uD0p
the surplus revenue and other funds belong ~ 10
the State for their redemption, or Issue o. post
notes by the State Bank, pledgng the State Stock
IN the Bank for their redemption. Either plan