The hornet., 1843-10-03

sa' feaafisd W all parties. particularly lhosl
Wbo nD~ pronounced iis lpada foli. -
gfs4i msafnfs ol relief ~ nis snihaffatss,
condition - 1le reuairy, ~ entered laia
fngiy s6i ssll esodpelsi sfgiunsai ~ hos
Hal t.s requirements II ils Constitution bas
tsf1 complied with, IN pIsdylag he hid q
ihe hl1is. ani 1uoffi isyafsl ygis, n b.a aa
fi.is'ni fomfsntsf Gen llfoua, ~ evidence
ihai ls WHsi igaa entertained ihs same sfia.
iea. u f.sfa hai been fpy thing vfsng ID
lhs matter, ls shBai bsvs ffisd slath whlii
hs occupied No. position ofa sentinel pfsa iis
waielsloHsf, instead ~ ,snat. laat ansfHa
faisaaa ~ i'ls Supplement- sfI f.a f1.s s.f.a
bohi'. ~ give iha task additional fsaaL ll
20 lf'uihes n more H'lf L,ll Ths aga
additionally ~ ne Supplement hlI aa.a
lsfa aaiansd ~ ibs supifms Colfi. anI hlI
ihafe'ofs received che uhatsl pf fgsfg ts
p8n'msbf NJ NE gogsfbmspi
Upon ~ feHsI r. moral aiIimHoa. fsa. ~
fedssm ts Union bonds Tie Legislature
bad examined and ratified fls safs Ia 1889.
Only part of lIis proceeds bal ihsn been fs.
.csiesd. u objection he'd been made ~ their
validity ai that time. Re- portion at least nj fbs
I've millions of dollars might have bsen si,sd
10 ths purchaser Blt no such objection was
made--no public meetings were held by ths
people protesting against ihs proceeding -na
inlImsiion was given tbnt the bond would be-
ffpudIaisd The money had been received
by agents appointed by the representatives. Of
tho people, and applied to the purchase oil
stock IN the bank for the benefit of the State.
II was too late now 10 cry out fraud. The
course Of The anti.bondcrs thomielyes cyinccd
that they believed some obligation rested 40.
on The State 70 refund the money. They urp.
ed the people to deny the debt. or they would
be rulnousIy taxed TO pay ii. They constant.
y insisted that the State did not owe the debt.
but were willing to hand over the assets Of the
bank TO satisfy 1T What would be thought OF
he man, said COL w, who remarked, when
MS nelghbor presented a note upon him for
.OoO, "Sir do not owe the debt: if ac-
knowledge do, you will sue me and il will
axe more than am worth to pay il of; but
IN willing TO give up the remains of the prop.
rty obtained by it Would it not be evident /
o bystanders that he felt conscious of the lust. q
ess OF the claim2 If not, would he begin TO |
cunt the cost of paying it, Would he pro. 7
ose compromise by offering to give up prop. I
rty, IN which he claimed no interest? f
The anti-bonders now professed n wiIlino. I
ess to put the bank in liquidation and save b
assets. lie doubted their sincerity. They
Id made the same professions in the canvass
1871. Instead of bringing in a proposition
that effect, when the Legislature met in G
'4@' since they were in the majority, thew Il
''ed down a resolution offered by him, in W
ructlng the Judiciary committee to BRING in II
bill for that purpose, SO framed as not to re- il
ase the stockholders Gf bound)--to provide fl
as speedy collection of the debts as prac. c.
'abIe--to lessen the expense of the institu. re
IN and provide penalties against fraud and tn
northumberland lastly, to apply all sound ST
Ads that could be realized from the assets Fl
thiulIy to the payment of the interest on the su
nds' IN order that the people might be asa. an
d from burthensome taxation" A pronosi. We
m OF aslmlIar nature was opposed by them be-
Inc senate A resolution offered by Judge tht
non "a bond paying whig) shared the same inc
e. 80 Tar from desiring to secure the as. lea
S OF the bank to aid in the payment of the sur
nds' the notorious Briscoe bill (revived at an,
late special session under different forro> the
effect OF which was to release bank debt. fri,
from their obligations, was introduced a.
same session and supported by the mass of bor
rePudiators, They were now in the bab. bu
II saying that the assets of the bank were -
rthless. He had no means of knowing their 49,
sent value The only authentic data on ETr
subject was the report of 1910. in which 80 -
were set down at several millions If noI. I
were now worthless, the blame rested y b. :
those who had refused to take the necoS
steps TO save them and had given tho
thn honG