The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1844-02-05
THE ILLINOIS DEBT.

obstacles in the way Of the adjustment OF the
debt IF Illinois, and abe pletion oil her gseat
canal, has caused ITS Jacobinical prohgaey to
be exposed by distinguished Democrats. IL ap-
pears that the Globes cutlery against the con
lemplaIed arrangement between the State and
It's foreign creditors, arose out OF the fact that
an agen, selected by the latter 10 confer
with those of the former, opposed 10 The
Globe in politics And upon such fiimsy
foundation, The editor has built up
straw head and bloody bones" supersructure.
He was once indebted TO The United States
Bank TO large amount. and liquidaled the
debt, we are informed, by paying less than
twenty cents in The dollar-hence he compares
Gov. Davis with Mr.. Biddle, in The horrible
scheme TO purchase Democrats. lie agreed TO
pay clerk in The State Department $4,000 for
an enormous job of printing which was vetoed
by the Secretary of Slale-hence he insinuates
that Mr.. Webster is concerned in this frehtful
conspiracy TO buy up the Democracy Of Illinois.
like SO many sheer.
Now the only interest we felt in lhe matter, was
that the debt of Illinois nigh, be arranged salts
facorily both to the State and the foreign credi-
tors, and that the canal should be completed. We
cared not, and the Stale cared not, whether the
agent selected was Wing or Democrat, the ar
rangemen, was consummated. And if the State
cared not, why should the Globe1
But that our readers may understand the mat
ter correctly, we will give true version OF il.
And it will be seen that the fact Of Gov.
IL h..,y tod ,,,th
the agents Of the State Oemocrats, we learn,)
neither had, nor could have, any, the remotesi
bearing upon parties, or the interests Of par.
ties; but was strictly matter Of private pccu-
mary negotiation.
Under the law OF last winter, passed by the
Legislature Of Illinois, and not by Gov. Davis,
or the creditors of The State, TWO Commission
ers were sent TO Europe. to raise funds, if posi-
Bile, through the creditors Of the Stale, to com
plete the canal. The creditors were selected to
advance the funds, because they might have
motive to do so, in the hope of thereby doing
something to provide for the future payment of
their claims. To induce them to enter into the
plan, the Commissioners, of course, made repre-
sensations as to the amount of the liabilities
chargeable upon the canal the amount required
to complete ii the value Of the property to be
pledged for the loan, &c; and they agreed with
the creditors that some suitable agent should be
sent as we learn at the charge of the State
and the creditors, TO Illinois. to examine
into and report upon the several matters neces-
sary to be known by both parties. Agreeaby to
this suggestion of the Illinois Commissioners,
it appears three gentlemen Of Boston, Hon. A.
Lawrence, Hon. w. Sturges, and T. Wa d,
Esq, were selected 10 name two persons for
that purpose. Governor Davis, and Captain
Swift, of the United States Engineer Corps
were named, and at the request of the Illinois
Com issioners, repaired to Illinois. They have
been engaged in the discharge of their duties
duties allotted them as much by the Illinois
Commissioners as by the foreign credi-
tors. Their report will be 10 accordance with
the evidence Of the condition, value and
prospects Of the properly, as exhibited 10 them
by the Democratic Commissioners appointed
| by the Governor of Illinois. We learn that they
have never received any communication from
the creditors in Europe, except, perhaps, the
copy Of the agreement, the copy Of The letter TO
the gentlemen in Boston, requesting them TO
make An appointment, and the instruction, of
those gentlemen, all which, we knor, have been
communicated TO the Illinois Commissioner,
and the Governor. This is the whole mares
nest. What Mr.. Biddle and Mr.. Webster had
to do in it, was res rived for Mr. Blair to know
/ We are not the apologi,t or political friend Of
Governor Davis, no more than the Globe is-
But when we see the Jacobn organ, OF any
other organ, inierposing TO proven, the prospec-
tive adjustment Of the deb, of any OF the States,
or TO arrest the progress OF any great work OF
internal improvement, and with such shallow
pretences, we deem il a duty TO "iell the truth .
even if we have TO ''shame the devil.n
We learn, from good Democratic authority
= that Gov DAVIS has no acquaintance with any
of the foreign creditors. He has been merely
? performing matter of fact service in which
, Illinois herself was the chief mover and wa.
, mainly interested; and it is at her suggestion
and desire, that her statements, made through
her Commissioners, may be verified.
The agents on both sides Democrat anc
Wing, we learn, have pursued their labors yer,
quietly and very diligently, TO a termination
and there is reason to hope they have beer
brought TO happy conclusion. And The Glob,
: might just as well have connected their opera
tons with the Ecclesiastical affairs of the coun
: try as the Political.
Mr.. Ryan, one Of the agents on The part of til,
State, and also Democratic Senator in the LIE
gisla'ure, we see by letter from the Hon. J. J
Hardin, Representative in Congress from hi
nois, has replied to one Of the Globes outrage
' Gus articles, IN the Ottawa On } Free Trader
Mr. r. gives a correct version or tho n,,,,..