Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1843-07-08
JESSE D. BRlGHT.-PuBLiC LlNDS, sc.

Ia last weeks paper IN concluding our notice
of Mr. Bright's speech at This place, we pfomis
cd that, this week, would further review his
remarks We proceed To redeem this promise.
After having se,tled his plan for the pay ment
of the State debt. no next proceeded To notice
he assumption of the State debts, az he was
pleased 10 call the project TO William Cost John
sou. He declared Ehls plan Wing measure and
then commenced his attacks upon II. lie bella
bored IL a most unmercifu! rate-declared, that
If adopted the faith of the General Government,
would ~ the end like tho State Governments, be
vioIated-,hat 1T would lead eventually 10 direct
taxation, and to all he evils connected with that
system Whilst Mr.. Bright ~as thus engaged
10 his terrible war of words VIC were tOrctb!s re :
minded of the often repeated expression made IN
reference to windy and fraihy politicians, tina,
they seek TO RAISE Up men OF straw, with which
to combat, and over whom they can more read,
~ triumph. Than with a real antagonist, or mat.
ter-of fact question. In this particular, Mr.
Bright's man of straw battled and boiahored
#ith courage and snccess equal - Don QIlx
otie's attack on the wind mills.
We would like 10 know by what authority Mr.
Bright calls William Cos, Joonsons plan Wing
measure Does he find il in the vote taken on
il at last Congress, when it only received seven
Wing voies2 Or does he discover II IN the OPP
position of more than one half Of The Wing pa
pers of The Unlon2 Because the plan was origi-
mated by Wing, and hes received the supper, Of
some few Wings. docs that necessarily make i,
Wing measured If this fac, sufficient to
make 1T Wing doctrine, mud give II the sanction
of a party measure. on the same principle
can preye that the Democrats, party, in
favor OF repudation direct taxation publication.
mob law, sgrarianisin. and that they nre opposed
10 all B lnks whether State Nationals; and Fl.
naly, that they are hostile the Christian Re-
llgiou itself; for aver aud prove II, that
all these measures have received the oublIc
ton, ard have been advocated by leading Demo
erals
lie, Us, however, free from all party bias for a
fe moments examine this plan for Tho payment
Of the State debts. l. Is proposed TO issue Cerii
hcstes Of Sock, by the General Government, 10
The amount Of $500 600 600, to be distributed a.
mongst the States and Territories according TO
the ratio OF representation in Congress; these
Certificates to bear three per cent. interest, and
for the payment of the interest, and the ultimate
redemption Of The principal. The public domain is
irrevocabIy pledged. The share Of these CeriI-
ficates, TO which the State OF Indiana would be
entitled is between SIX and seven millions Of dol
lars. With this sum, the most. If not all. of our
State deb, not already provided Tor, could be paid.
The interest, and Ultimately the principal of the
Bonds sold for the purpose Of raising the Stata'a
portion Of Bank Stock, and on accoun, Of The
Wabash and Erie Canal, amounting 10 about g |
0O0, 900, will ssvcrally Do met from these res.
pectlye sources, thus leaving about s. 600 0ee, |
or if Mr. Brighi's quasi reputation succeeds, on
~ 81 600 600, or there a6outs, TO De provided
by The State Assuming tho repudiaton doc /
,rine Of Mr. Bright TO be correct, by which ST. |
600 600 is stricken of from our Bond debt; and
being possessed of between 6 and 1000. 900 of
Stock issued BY the Federal Government. our
State. 10 say the least of il. would be placed in
better situation for paying her public debt. than
she nov is. or will be under the do nothing pl.n
proposed BY Mr.. Bright.