Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-03-28
is 1t ,sas IN .vsp York, 50 II is in Iiiirgiaia

The Republicans of \. York have redeemed the credit
Of their Safe, by laying taxes. The Wings opposed
them They first made camor, in order TO create a
pane Blu, What the edec. OF the measures Of the
r, pu5licans' The following article from the ~ Y.
Evening Post shows US
NEW YoRK.-"Ihe wisdom OF the financial policy
adopted by the previous Legislature Of this Stale is
now apparent al! The credit Of the State has been
secured, her honor rescued from repFoach, and the
ultimate prospect Of relieving herself by her
erces rendered probable THIS policy will be steadily
pursued The late report of the Finance Committee
IN The Senate, takes firm stand for il. The com
m.ee recommend It's continuance, not only as sound
and wise step but TO which the State 10 pledged
10y every principe which should influence high minded
"By this polcy, obligations wall be incurred,
no further expended at present on the public
works. and trust, all the advantages that may
fo@ from prudent rerenchnent will be secured
The first part OF tins policy begun last year The
retrenchmeni immediately the duty of the pre-
sent and future Legislatures. No decided action has
vet been taken on the subject, though several propos
ions have been made This is equally important
part OF the present policy, and cannot with justice to
the people, be neglected.
"Thc continues suspension Of some WORKS will he a.
tended with considerable pecunary sacrifice Still these
losses not !or moment 10 be compared with The
great and final loss that would have attended their iur-
Their prosecution. There be no doubt in any mind
OF the proprcty Of suspendng any effort with the
persevcre and be forced by absolute necessity 10 sus
pend with grcater loss. If there is any place for wis
3oIn, foresight and discretion manifest themselves
among the actions Of mankind, it is in thus discerning
The future miscarriage Of enterprise and firmly with
holding further progress. We trust this policy will be
carried oil, in all lis length aud breadth, Until every
principle of integrity and honor by which the State is
bound shall be placed at the utmost distance from the
least exposure 10 STAIN and until this of debt
under winch al present burthcned, shall be re-
moved
at i, instructive 10 look back at The in which
The present policy was received by the Wings, and the
dangerous proposed by them. Al first il was as
sailed by them with violence. They declared il 10 be
runous and destructive course, that unnecessa
y, and directly opposed to what was demanded by cir
cunsiances, aud could only be dictated by spirit Of
hostility TO the welfare of the State The mill tax they
declared TO be unjust and appealed 10 The people 10 re-
ject IT, Their plan 10 conirac; new loans. 60 for
ward in the march of Improvement and defy the future
meet it with bank paper Their assertions were dis
believed their appeals rejected, the tax was approved
bv the people, aud those who imposed IL, were
strengthened with ovev~ helmng power for the purpose
OF carrying oul ard fcrecing their policy. Thu. we
have experience the voice Of the people, the report Of
committee ina subsequent legislature, each asserting the
prophet! oil the present financial policy. THIS docs not
loo as If should need the assistance Of the General
Government to paw otr debts