Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-04-28

of last wear WERE by the Legislature Of Illinois, laid
on tia, Slate more than half population possessing
in the aggregate that proportion OF The taxable property
would IN The present period OF general distress, 'ali
below the point oil exemption, and mat oil lhe oilier
half small number only would rise much above that
MONT And vet the undevcioped resources Of Illinois
are almost boundiess. The State is larger than England
and Wales BY the Mississippi It IS connected with
tie Gulf Of Mexico, by Lake Michigan with the 81.
Lawrence ard il has most extensive internal navI-
,tion nv means Of Sc yera noble rivers. The climate
Of the State is mild. Ii contains suppose, as large
body Of land, not merely cuitivabia, bat highly ter
ti!e us can be found lying together IN the u ) II
abounds in various kinds o mineral wealth IL IS stna-
tee about in The Of horizontal field OF b,umi-
nous coal which Mr. Lyell pronounced, the other day
10 be as large as Great Britain and It IS inhabited by
an industrious, frugal intelligent people, most rapidly
increasing in numbers That such people Will, for
any length of time, submit, TO lie under The repToach
and the loss incident 10 toa! pfcslatioh oil pup
lie credit, can never believe
81 saw gentlemen, the loss as well as The reptoach:
for widespread and as has been Inc suerng IN
this country, caused by the default OF some OF The
States our own losses, public and private, believe TO
have been greater. The States themseivesa Govern
ments have experienced the greatest embarrassments
from the sudden destruction OF cfed, (eAehoihg alike
10 those States which have, and those Whc nave mol
honorably and promptly met their oohsauons) that
credit which none, IN some lhsIahceS 'ncY aepeho-
"a for the resources necessary to complete ana render
productive their public works. The General Govern
men. of the United States, after having paid oil pub.
lie debt of more than 200 000,00O Of dollars has found
itself unable TO nenoliate t.lfng loan IN this great
me,ropo,s of the financial world whose superintendent
canta but for the default of oil the States would
have continued be for those States themselves, and
for individuals vast gold n:ne al unexhausted capa-
civ In addition 10 these public einbarrassmens,
prvnie fortunes almost without number nave been ae-
stroyed in the general wreck oil which the failure OF
The States as cause effect. is one OF the principal
elements doubt, it, III the history OF the world IN
50 snort rod such transition has been MADE from
state of hirh prosperity 10 one OF general distress,
40 in The niled States within the last SIX years Ana
vet. gentlemen, the elasticity and power OF recovery
IN the county are great beyond the conception OF those
who do 10. Know /. iTo;n personal observail0n Even
within this disastrous period 10 winch have alluded,
private commercial debt 10 this country, estimated al
twenty five millions OF pounds sterling, has been PAID
by the American merchants with little loss 10 inc
dtors as would attend the collection oil an eqhal
amour, of domestic debt, in this or any other county
"But will not detaln you, gentlemen ny ehiais"s
on these topics The subject need not zen YOU, -
ore OH which, all respects, It is proper 'hat snou'
speak with reserve. | think should nave done my
duty if have convinced you that am Reehiy sens
bic oi the su!ierrgs Of your constituents, anu "'I
soc,tous for their eiiaciua relief; and That am'dsl al
:he uncertainties and delay which may at.ehu ie '"'"
snres requisite Tor that purpose, st'!i eei connoen
that the time will come when every STATE IN ie Ch'oh
willfulhl its engagements ,..,r pvppprr
ts16 Grosrcuor-piaee, N0rrh 81