The Democratic Whig. [volume] (Columbus, Miss.) 1842-1843, 1843-09-07

most OF them nave ft1ofted 70 tneas-
ures that IN short Tine viii iasufc
mlufe punciualily.
Most Of The debtor states have la1
Improvements for which tie dslsl
we're conGacted. These VII % E Few
years be able to relieve ihe states 81
any charge on ghsn aes8uas and
many ofthom "a process OF time VIII
no doubt pay off ihe pIincipal md
then remain a sources of proai q the
state, as wen as 81 convenience TO
their communities. Aod ibis facl l1l.
nishes an obvious reply 10 DE Objeos
ton sometimes urged, tat i was the
general governmeni,and not the states
which paid of the former debts! Was
lit not The PEoPLE who paid those
debts L not The general Is ven -
the state governments mere agents Of
The identical same Psopls, employed
alike in their service, and equally con-
strained by their authority : Whose
money paid the debt 7 Il was the
peoples deb. Il was peoples debR
Il was the peoples money that wenil0
pay it, What difference whether they
pay Il through this or that agent
What is il 70 him who has 10 pay
whether the tax gatherer DO appointed
by the United Slates-the state, rths
county authorities Whether the
amount is levied BY direct or indirect
process, is to him a secondary consid-
Grafton the amount be has to pay, is
/ the main point.
| Maryland, our own stale. is in this
dilemma, and according TO her means.
as deeply involved as any state in the
| Union, vet, even II her vast public
works, in constructing which the debt
was incurred, and which are yet in
complete, should fail 10 produce any
thing even in that case, an annual tax
Of one per. cert upon the assessable
property IN the state would redeem
{ The whole Other obligations in a few
yeas! Who believes that her people
would not rather endure such a tax
than endure the opprobriun them
selves, and bequeaih 10 their decend-
{ ants the disgrace Of dishonoring the
faith Of the state
Whoever 90 judges Of Maryland
} has mistaken her character, and forgot
! ten her history.
. There is a large amount Of the debts
(. that Is not payable for long time yet
E to come. They were generally nego-
, ciaied redaamahle 81 distant periods,
prior 10 which die the condition and
I credit Of ihe debtors will vastly alter.
Twelve or The states and territories
E owing debts, pay the accFuing interest
-lregularly and most oflhem have di-
minished the snonnt Of their debts
4 within The lastyear.
Nine IF the States and Territories
/. owe no debts.
d THE Iolal amount due by The States,
6 & between. so and leo millions Of dol
: lars. OF this amount considerably
7 less than one hundred millious IS own
e cd 70 Europe, the remainder being
Z held by our own citizens.
Fl Compare the Indebtedness Of the
# several states now, wilh prior to ne
il tUmrfi0n d tie FEDERAL constitution
n and compare on The Other hand the
e aggregate Of population then, and the
s. aggregate a means they had win ouI
+ and our present population cur pres
3 ens means la who can doubt Of ioi
+ one moment question the payment 0
i our present debts
The revolutionary debt incurred b.
af lie sta,es, and ior which tie state
i we're held unuIthe federal governmen
formed amounted 70 $3.50 1913,
81 703
az The ioial area Of territory held b
81 lhe states So indebted, was not 0vI
.ly haIf 81 tie present territorial limits {
81 dis Union. The number Of ii
e. aaia was bus half Of the present nun
q Der
The population then, was 1920
pc 32S. Our population three years q
To- was over seventeen millions; il is No
We not much short Of &C, 900 600.
.ds We we're then without a capital
ed wiihouta navy-without public big
So ways without manuiacloFies~wiihC
ose either cotton for export, or sugar,
ac- salt for home consumption. Our
ON gest seaports mad only $4,000 inha
age tants,-odF commerce was in It's inf
q z ey.-nothing compared to what il \
not is. And yet feeble as The states "
nge al that dey, compared to what 4
can nov are, who thea thought or dares
and propose repudiatiug public obi
Will tons
that Yes,-possiblY there might b
II, been then,--as there unhappily IS {
nber unworthy men, reckless enough
sech suggest dishonoF, rather than %
taxea 70 redeem ihs public e
one They AID theif sxpedients ere ioI.
their ten, il the glorious recollection,
though there, were no iolls coming