The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-01-26

more than loo, 900 as the cisy Of Nev
| York alone, while all of them put To-
gether have only abou, the same nun
Der an one ofthe eight Senate district.
fof the Empire Senate" But although
trepudiation mas been put forward op.
enlv in the other States, the general
Econduct of Individuals and of corpor-
ate Institutions has been such as to in
timatethat the people have been near,
| ly ripe for a declaration oil, the kind
while the Indifference every where
manifested toward any serious effort tc
provide for the payment Of dividends,
shows a passive dishonesty; very little
removed in point of moral turpilude
from the unsophisticated reputation
of the far West. There is not State
in which the imposition of trifing
tax would NOT be sufficient for the
maintenance of public fidelity. The
delay in adopting it. and the shame
lessevasion on the part Of assessors
and others by whichit was met in one
instance which il was attempted must,
certainly be allowed to reflect upon a
country which boast Of having ''no
poor" disgrace ofthe deepest kind.
But, although It is clear that the
United States are deficient in the feel
ing of conscienteousness, and that the
chance of a liquidation of their obEiga-
ton from an intuitive sense Of right is
cor, orr,l,c4 t,,.oIr ti,nre, -,
liarities of the National mind which
may be regarded as likely TO impeI
them 10 proper course. The pride
which has prompted them ever since
their existence as an independent COM
munity to put themselves forward as
the leaders of modern civilization, too
deeply seated to be extinguished by
temporary disasters, will still seek for
qualification, and will induce sacrifices
which we rnighr in vain look for at the
shrine of duty.
The dream Of every American. from
infancy to old age is to see his coun-
try ego ahead" of all other nations
Of the earth. Hepossesses, more over.
qualities which give some color ofrea-
son o the asp .tion. Put cheek ur-
on his progress, and you destroy for
him all the charm Of existence and
since in these days, when the destinies
of nations depend no longer on was
but the healthfulness Of their economi-
cal relations, & all progress must cease
when credit wanes,we may feel assur-
ed that the people will never rest, I'M
til they have succeeded in regaining
their LOST position. Towards this object
they will probably try all sorts of ex-
pedients-many tricky mannuyres-->I
but when these fail one by one they will
find themselves forced at last into the
rigid course, the adoption of which at
the beginning would saved them from
years of hurnilitation..
Another source of encouragement
is to be found in the circumstance
that the defauIting States are daily
shamed and stimulated to honest eff
forts by the neighborhood of Govern
ments which sill maintain their faith.
The spirit of seIf-exageration which
induces the people of the Union 10 as
pire 10 superiority over the countries
Of the old world, exhibits itself to a
modified degree in creating a strong
feeling Of rivalry between their sepa-
rate States /; and hence, the fact that
some States have continued up TO the
present time In the faithful discharge
Of their obligations, presents the best
guaranty that the others will Ultimately
be aroused to vigorous efforts. The
competitor, for instance, existing be-
tween New York and Pennsylvania is
well known and when we observe
that the former has not only hitherto
kept her course, but that, with the in
cfeasing revenues of her gigantic pub
lie works. she is likely TO sustain her
self, we can understand that the hum
iliation of The latter must be rendered
more severe by contrast with the posi-
ton of her rival. Thus, for the future,
the struggle perhaps, speaking of
this ,exciteable people, we might say
the fashior.--wl1i bo, re55ei.. l-ast Grad
it; and, as one by one, the soundest
States recover. an immense force OF
public opinion viii be brought to bear
upon The few remaining delinquents'
which must drive them 70 an hon
orabIe arrangement, In these con a'l'9
erations we do not forget the extent to
which the half-yearly accumulation OF
overdue interest must aggtavate the
existing didiculties and augment the
incentive 10 Reputation. L is evident
that the increasing power cfthe varlo !. sf :
STATES will, more than keep pace with
80 ,.,ilItiunaI liability " be apprehen-
| ded from this source. ''s...5..
Among the panaceas proposed, BY
| the holders of State stocks, the one
Imost 10 favor appears 70 be an Issue
i OF bonds by the Federal Government,
- - secured hv. the n,shIie lands. anl2