Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1843-07-01
ADDRESS OF THE CENTRAL COMMITTEE TIC
THE wings OF MARYLAND

their duty at this period to call your attention 10
the interests connected with the next election OF
members of the General Assembly.
The Who's of Maryland earnestly invoked to take
that election heart and give all the aid they able
to bestow The issues involved in it of the highest
ment the honor and prosperity of the State Amongst
these issues which ought engross the of the
Wing party and call into action all the energy they possess
The first is, the adjustment Of the public debt.
The second, the electonofa Senator. j.
1t in reference these chiefly that have thought
this address proper.
The State debt is osensby fifteen millions of dol
lars. The debt of the city Of Baltimore is nearly five mil
lions
These debts have been incurred during successive years
by the regular legitimate action of public authorities,
the duly chosen by the people to act their
behalf.
They contracted pay for public works undertaken
State Government upon the petition and recommends
ton of large portions of the people, They accrued
money borrowed from time to time, from own citizens
from the citizens of other States and from sundy individuals
in foreign countries who had good opinion of sagaciy
in projecting public works. and still better opinion of in
tegry in the ufment of any engagement we might make
Therefore they lent their money! few perhaps, from
large stores of private wealth. great many from very mod
crate means-some individuals lent us all they were
WORTH and left themselves other than the interest
of the money for their support This painfully true of some
| of our citizens here in Maryland.
These moneys borrowed in exact accordance with
directions given by Legislature and city authorities The
faith of the State and city respectively pghted for their
reimbursement and testimony of that pghted faith the
State and city bonds respectively given, bndngas all
men supposed and ntendedhc State and City pune
uay the interest their several loans during spe
number OF years and at the end OF that time to pay
the principal Of each debt.
These being proered beforehand by lhe Represeu
taives of the People of Maryland and of the Sy of Ba
more to the world accepted by friendly individuals both
home and abroad with the fullest reliance upon the efed
character of our people for fidelity their engagements In
reliance the money was paid to those whom by law we
had authorized to receive it.
The money thus acquired spent under the direction
of public authorities in making roads and canals the
OF our own people, supplying them with great helps
wards he carriage of the commodities of trade and the
products of our soil to and from their appropriate markets.
whereby great addition has been made the wealth and
means OF Maryland, and greataid given to the cultivation
| and improvement Of our soil ....*
The works which these moneys were applied have not
been wholly completed for that they do make
equivalent return in annual divided profits for the interest
of the debt incurred in constructing them. Some of them
perhaps not make this equivalent for few
| when they finished.
These works belong u.s. the people of Maryland They
very valuable to although they do not return
nus divided profits sufficient TO pay the interest
the debt We have as yet in character State
of Maryland, paid nothing for them, but the whole
money subscribed by the State to The persons who lent it,
Although the State has paid nothing for these works
ceves from of them-the Baltimore and Ohio Railroad
in which had originally subscribed million of dollars
State does not pay out of that income of seventy thou
sand dollars the interest the million which bor-
rowed in order obtain that income 1t receives profit from
the investment and negects TO fulfil the contract of the
loan.
The city of Baltimore honoraby meets all it's engage
ments; and though encountered with taxation threefold
greater than that of the of the State faithfully pays
every required both for its and the State debt No
thing is little imagined 10 Baltimore failure TO pay
punctuay its debt principal and interest; nothing abhor
rent the people OF Baltimore violation of their faith
Certainly every rghtninded man in Maryland will say,
Pay faithfully the nterest Of debt; make every effort
that honest ought to make to psyn if the money
be raised day raise it tomorrow and do let any
man believe that it will not surely be paid.
There time when if one had said Of US, Mary
land will borrow money and it, but will not pay back,
would with heart and mind, have answered such
saying abase caumny, and have resented insult
Not man. woman, child Of Maryland parentage but
| would have felt that saying to be an insult.
During the last three four party has arisen in
parts of the United States who have set themselves to
specializing upon the obligation of the State to debt
contracted by the State That party has studied pick
State contracts and having found space for bubble in
the contract that failing, imagined flaw, have out
boldly and proclaimed the obligation pay altogether void
These claim to be the benefacors of the people, because
they have taught the people bubble by which they might
shuttle off their debt They insist that the State having got
money by false preeHce-that is of them have
gued by law which had force-and the money having
into the public treasury for public uses the people were
not bound pay back but had right to keep it, although
the by which the State got the money they
affirmed, void from the beginning What we give
| to this wreched chicanery2
people ought to do Either affirm the and pay inter-
est and principal when due, disarm and return the
money not set aside the and keep the money
| Yet this has been advised.
In Maryland there time when had only heard of
| these things.
No of people supposed that this heesy Of Repu
diaon could faint souls find breath within
border. We proclaimed in many public ways that however
crippled Maryland might be in her resources however unhap
PLY constrained delay her debt, whilst had hearts
and homes lands goods Reputation a word that
could not be spoken her people, that the uterance Of it
would stir up revolt in every mans mind and that
cient sensby to duty which, in the Of the Regou
ton il poured Maryland blood like water would
pei the sacrifice of worldly wealth preserve her honor
plighted in peace.
With grief and shame all good inhabting State
have lately been made that this proclamation but
| an idle boast.
Reputation has been secretly nursed in the
suspected it, Very recently within the past year. it
appeared openly amongst u.s. and has length to
challenge the public support.
The Of the Governor at the opening of the last
General Assembly recognised its existence apoogzed for its
exavsgances and gave much countenance TO
argue that legal grounds might, perhaps, be in the
wrong; upon the WHOLE that had better push
Just now That message filled many minds with distrust
The proceedings of the House of Delegates in the matter
Of the Treasurer another sign faithful jealous and
capable officer distinguished above all other Qualities for his
vndcaon of the public fathwhose erertions in
that behalf VIGOROUSLY gave confidence credit abroad
dismissed from the Treasury only without prepx
for the act but with high commentator for his ability
and WORTH and another chosen in his place noted for least
eqavocal opinion this great question Of the duty the
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