The Arkansas banner., 1844-11-06

oUpr to eAdiiiiiio iii'o siiS eoAiuition Q
 Os@ .,a,;on; and certainly, no one who
 nsa s.ed with its administration will dc le.'b ,ban solicit, and even aid in it:
 ,gh investigation.
 Ss president and directors of corpora.
 asye ls r the power, destroy its eogpo
 1ri,tence, ,d in opposition to the expres;
 A 5,be Legislature, and forbid the Repre-.
 |.ss @ of the people from examining lntc
 M s,;on. it does not require much fore
 ,a o' determine, that the time is not re.
 linen our corporations will defy the
 .,,r of the other departments of the go
 '9 ., resolve themselves into Legislative
 'a aad make laws to advance their owr
 n violation of the rights of others
 .a tbis shall be the case, all the grea
 ses % of our government, worth preser-
 r;Il I he gone, and tine American people
 V governed by a set of soulless corpo-
 instead of free people.
 ho last session of the General Assem-
 .Dss.4l5 69 cts. were appropriated ful
 1nuort of the government, and owing tc
 fp .nnomy and fidelity of it's officers, in
 sImnistration, only $163,005 95 cents
 bsen expended, leaving on hand at this
 :195.409 "A cents, which will be sub-
 inc direction and control of the Legis-
 gal be perceived by the General Assem-
 ,bat the State Treasury is not in a con-
 to pav off the interest, which has al-
 accrued on the State bonds. This is
 lv to be regretted by all who desire the
 land interest of the State preserved and rnished
 \ it sometimes occurs with nations, as
 individuals, that in the management of pir monetary affairs, it is impossible for
 to meet their engagements at the time
 d upon. This is the present situation
 r Slaie.
 n ii is to be hoped, that the large in- Fdness to the Banks will greatly aid the
 ent of the interest on the State bonds e great period shall elapse.
 |e amount of interest due on the bonds by the State Bank np to the 1st day of Der last, is S2l4, ,40150 cents of which E9O750 cents are payable in New Y ork, |s97500 are payable in London. The hut of interest due on the State Bonds l by the Real Estate Bank, without incln- 1 the 800 hypothecated bonds, up to the pf October last, is S290,100, of which t,9O0 are payable in New York, and |2O0 are payable in London; making total amount of undisputed interest, E5O750 cts, remaining due and unpaid bihe lst October last.
 relation 10 the bonds holden by citizens De city of London, in the Kingdom of Britain, have received a communica- |fom Joseph Hume and others, inclosing Fmorial to the General Assembly, re- Fng the speedy payment of the interest lon the bonds held by them and other Fns of Europe, which memorial Is here 
 r citizens are already oppressed by tax 10 meet the expenses of the State Co., nent; and am therefore unprepared to nmend an increased taxation for the pur- of meeting the interest on the State !; but prompt and energetic measures d be adopted with the means and assets Banks, to discharge. the interest upon eh bonds as have been sold in good and in strict accordance with the Bank CTS. predet assor saw proper, for the pur- j doing ample justice both to the State the bond holders, to recommend the ltment of an agent or commissioner, the authority of the Legislature, to in- ile fully the subject of the sale of the 1 Tn order to ascertain those sold in alih, and report accordingly 10 the next ature. l fully concur with him in re- ending the creation of such an officer, esume no portion of our population be bewilling to pay the interest on bonds lenlly obtained, or disposed of in vio- of the constitution and laws of our Ter the act of Congress, approved the 'ptember, 184l, distributing the pro- of the sales of the public lands among 'eral States, Arkansas was entitled to u acres. Immediate steps were taken to carry the act into effect, appointment of locating agents, and r last session there had been located ! 'O acres. have continued to make ms under the system adopted by him, conformity with the acts of the Legis- relative thereto.
 to the Both of October last, the locating had selected 479,882 acres. Of this, 'f acres have been confirmed to the The amount of lands>selected and not ahrmed, is lS9,7l5 acres. The amount E d, thesplats of which are not in the ! CTS office, is 34,640 acres. Of the | above selected and confirmed, sales cen made and applications received for ! rchase of l36,000 acres.
 lhe better protection of the interests of Ae Tn the locating aud disposing of her winch has already become an exten- l lSlaess, 1t will require the vigilant at ol an agent under the direction of the | i'ure The duties of the Executive are mefous, and his presence is so con required at the seat of government, IS impossible for him to advance the soi ". the State in the management of 'us' l would therefore recommend to the propriety of estab- iand office separate from the Execu- l.a and the appointment of an Si shose Q duty 1t should be to dispose of us Belonging to the State, subject to