The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-02-13
Herald Literary Depot.

Nrw York. Monday, February Id, 1870.
Herald Literary Depot.
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state Debts-Prospectlve Collision with
England.
very important movement was made last week II
the House Of Representatives, question OF print
ing the two late reports tate debts in which the
Hon. John @ Adams made a speech, indicating
most conclusvely that unless these State debts due
TO foreigners were provided for in some way, the
British government would pretty soon take up the
question on national grounds-and either comfei the
United States Government 10 provide LOT 'hsse
debts, or the former would consider the refusal
sufficient cosus beH Mr.. Adams illustrated this re-
markable view bv reference to the late war on
China-spd furthermore seemed to consider that,
under the laws of nations the British Government
would find sufficient justification Tor pursuing such
course even il ii resulted in general war between
the two countries.
The very curious and original debate on this SUBJ
jectImost graphically reported by special cores
pondent was published Exclusively in the Herald of
yesterday.
II is very singular coincidence this highly I'M
portant SUBJECT that on the same day, without any
knowledge OF each others opinons-separated by a
distance of more than two hundred miles, two dis
tinct minds-two independent intellects-the one
going off, and the other comlngo The great stage of
human affairs, promulgated the same opinions
the same ideas-the same views on this momentous
subject. We mean John @. Adams and the New
York Herald. On that day we published in New
York almost the sarue view on the subject of these
debts which the &" old man eloquent" spoke in the
House of Representatives at Washington.
II will be perceived also, by an Ohio correspond
ence in this days paper, that public movement
has been made on the same question in the west
and we believe similar movements have been made
in other parts of the country.
All these indications point forcibly to the convic
ton that the assumption of State debts by the Gene
raj Government will become one of the issues in
the next contest for the Presidency-n combination
probably with national bank-a protective tariff
"a new disposition of the public lands, and other
minor questions of the day. The State debts alone,
must, however, soon become the absorbing question
of the day, in consequence of its combination and
peace or war with England, nay, with all Europe
II foreign government can, under the laws of ma
tons, make the United States national government
responsible for the debts or denquences of its cit-
zens, there is to believe that the same
principle Is much stronger when applied to the State
soveregntes Of this confederacy. England attacks
China, because local government destroyed the
property OF few Englishmen-and she is justified
,x,th t,,hl,o lam oTE - l, 4.
structlon of the property Of subject casus bell
and IN compelling that naughty empire to pay for the
properly lost, and the cost of collection also
In relation to our State debts whatever the exact
legality of the might be, the morality, the JUS
tce, the public sentiment of the world would be all
on the side of the British Government, and all
against the United States. Europe would not enter
into the special pleading of lawyers or fnanciers
the nice distractions of State rghts-or the popu
larity or unpopulariy of the measure-or the impos-
sibility of suing Sate-or the policy of wings or
locofocos These sovereign States have got the
money from British suhjects-and the British Co.
vernment, the national sheriff, with the execution
in hand, demands the pay. If the pay is not forth
coming, then what next! Will they not seize what
they can lay their hands upon Will they not take
what they can get Will they not capture, at the
proper time, American property on the ocean,
sufficient to pay the original debt and the expenses
OF the collection too!
We have every reason TO believe that this course
of action is seriously contemplated by the highest
influences Of England-and we have equal reason 10
believe that every European government, particu-
larly France and Holland, will unite in the same
view Of the case-and assist England in executing
the remedy in the last resort.
The United States Government have heretofore
compelled every government of Europe to nav for
the property taken unlawfuly from American citi
zens under the American flag during the late war
In Europe. The State governments of this Union
have taken the property of foregners-and can they
evade the payment, or refuse liquidation, under the
plea that in each particular State, there is a maio
nty of the Legislature agans. doing anything on the
sublect9 The Governments of France, England.
and Holland, will not recognise any such reasoning
they will plant themselves the natural Justice
the universal morality of the claim and they will,
one of these days, call upon the national govern.
ment TO settle the question, or make it a case of
repnsals or
In this point of view, we believe the relations of
America and Europe are in very ticklish condition,
TILL these points of morality and justice are settled
and certainly the edum of the world will be against
the United States, till they settled honestly, and
every cent is paid up.
The BRITISH CoNsULsHIP IN New YORK The
appointment of Mr. Barclay az British Consul here,
has been formally announced in the London Ca
zette, but his commission has not yet been received
by him, and it is supposed that this delay is owing
TO the intrigues of the abolitoniss In England That
party are, if possible still anatical and extra
VACANT than their brethren in this country, and they
evidently opposed to Mr.. Barclays appointment,
on the ground of his possessing slave properly in
the South
Rumor has, however, ia this, as in so many other
instances. been mistaken. The facts are simply