Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1844-12-12

IN Ter The laws ii Texa have been adjusted
overs OF the ESccauve cxieal. The correspondence ie
tie two Government, reference both subjects,
vii De iauni anon - TIE accompanying documents. Il
contains fa statement Of all the facts and circumstances,
with The view, taken bath sides anl The principles
wheh The questions have teen adjusted. Il remains FOR
Congress make the necessary appropriation cary the
n-cmcnt uil cHtci, which respectfully recommend
The greatly Inpf we'd condition OF the leauy, aids
SUI Ct 0r general congratulations The paay-s which had
fallen 90 'rte ~ commerce aui which "a ciCd ne Cow
cluneu; q the necessity I'd eslltn- loans. -ul the
of Treasury notes q 1rse amount has passed away aud,
after The pay 4 upNass OF S1OoouO0, ua OF
nc interest aud "a redemption Il moe thaa >)OvOuuJ Of
the PUBL dt5i which falls due the 1T Of January next,
and setting apart upwards "a $1,000 0JJ o. the nent Of
outstanding Tscl.ufy notes. ard meeting an inSlamcnt
"a the debts OF the cotQoae ciles 81 the De 81 C"um-
ta-an c>ilmei surplus Il upwards oil SfVVo wv over
AMI above the existing appropriations VIII ienln IN The
TIeasury al the close o the fiscal year should the Treasury
continue ou;st nipg heretofore that surplus VIII
considerable augmented Al housh al ceased
upon them and The GJyeInm 1T Ia, invited their return TO
The Treasury yet they uman outstanding; aiodns great
facilities 10 zee, aud establishing tie TACT that, under
well regulated OF finance, the Government la
within it,e which de, ind pend, ut IA time Of
need not only of private loans Tut al'o of bank facilities.
The only remaining subject 81 regret :, that The remain
ing cks Of the Government DO not fan due II caller
DAY since thci redemption would lie entirely within It's
control rs II l.. may be well worthy the consideration
Of ConsCSs, whether tae law eta.lu- the sinking fund
uuc,. opc which deb.s the Revolution
and last with Glcat BIT in were, great extent,
ipgu,hed-shoud not, with proper modica 10 to
prevent aocunuaton OF SURPRISES and linn ei Ia amount
10 specific sum- be re-cuac,ei. such pIo,son which
purchase 81 is o" stock on lar terms woli serve 10 NAM
tam lis credit at The highest onl, aud prevent goat
extent those Aac;uaii the ptce OF it, secae; Which
might, under her ocumstanccs, aHcct rs credit No ap-
pehonsi OF this SOFT Is at this moment enter taued since
the stocks OF The Governments which but two years
Offered To- sale 10 capitalists home ana abroad.
defleciatoa and cou a4i NJ purchasers are row eaiy
above ar tie hands Of he hvlters but and pTu
ient forecast alnor he's 10 place beyond the reach Of
contingency the public credit.
l. must also be matter OF unminslel Qualification that.
under he eX>n. !nansa svtcmesiin upon the act Of
1882 AID the resolution OF lSl6he currency Ut the c0ua
ny has tanned state OF perfect sourdneSs and The rates
f exchange between dscsct parts of the Union, which IN
ISL dtnocd BY their amount the great Gepreci-
alton, ard fact WOrhle of tie tutncy in most Of
the Staos-are reduced to Little than tie mere
penses Of transporting seoe from place II pace anu the
lhN incident to the opeai IL In new country Ike thai
OF the Uniol Salcs-where many inducements are held
cut io repositories q the SuP" revenue
consisting Of Banks Of any description, when reaches any
considerable amount, ire the closet vigilance on The
Of Tie Government All banking Institutions under
whatever d,n0m alton they may pass are governed bv an
almost cxcin i've regard to the interest Of The Stockholders
That interest consists in the of profits in the
I'in Of dividends, AMI large Surplus revenue entrusted 10
ihef custody bat too apt u lead To excessive loans and
to oXavasl large issues Of paper A> Necessary con-
cGu'ncc prices nonnay increased, and The speculative
mama every where $ Ives upon the public mirt he'll
tou> stac of pIosi eIiy FIR exists and IN he Ian
gragc Of The day becomes plenty Contracts are en-
tered INTO by individuals resting on tins unsuo>tanl state
OF tss but The deiusin speedily passes away, and the
country with ,dcbt ednoss % woiShiy as t.
oYcwic'in many, ana 10 visit every Gel ai'cu oi iuu>l9N
with great ~ lUII en- mcnt The greatest viS
lance bee, the pat o; the government 10
quad against This .ate Of things repositories
gwen distinctly q ind rani that the favorS OF GOV eminent
VIII be altogether wllhirlwn OF sui stantaly diminished, ii
lis shall be REGARDED additions to their banking
capital a The iouldaiion If an enlarged capital The
government housh s revenue has, at all tines an npo
tant pat TO eoIm IN oonrexon with the curicusy and IT
greatly depends upon vigilance and whether the
country be involved III embellishments sInlr To those
Which II has hid tv t. ter: aided by the
action Of the Treasury shall be preserved IN sound aud
healthy condition.
The dangers guarded
rrc surplus OF revenue Wten that surplus scaiy exceeds
contingencies tie Legislature Itself may
be found conhir with Constitution. fancied cxpedcney
w.s,'ul certainly follows The important
10 m iurcn on a or and p,onon rcsostcd to- uadcr
vous peNs Tor purpose, having no affinity 10 the motives
~nr d'iied rs sr"nt and tie eNirvaranee Of Government
'ey5g an i ne 1P, T.. OF wsa ard
rl IN view OF such iain consequences may he laid down
- an AXIOM oundc ~ moral and political truth u no greater
mius'raos of ovrumrt and that waiever exists rs"nd
.'oul ic urcl or tbs WAY
c win the Of sound the lecr on Of
&C. ~ Us TO he taxed W @ due csad 10 tie pull w,ol
f''9e oil eioa underlined and su. election Should aways
is ~, ro OF .esatc aid no rdent 81 i'. rasrioi-
IT, stature Viii a. fi - consulting ne Interests Of tie parts
ont o. the ~ ole and us ensure tat r'f money ia 3oy
rus y iaanI ifni,ss Tt~er.atasd vlay iparisut
as ''~is w.t. coasrss; and Tie ESeouse 20 more tan
rcro1" ie s,nef. rfn'i which el severn IN its exc
4
,ro ,o, i, ,' s,l,,,,' , '' -, - n 'r
aad FINISHING lie 10 uiri he arti' uirly au5c
Much has zen 20 towards p'acne titles and ead
state oi security a, the hazais OF hostile attack within the
az n' y''is hn, go, ,i''il ~ new renrn'~ witch .Ve
ul L. 50 uurnis 81 d.i-u tun Nli-h isec zee. loa-f
i service active v-iaat ~, ins aud
p,rie ing IA dcfncc YOU also ti.
tan s.iet re con1uoa OF hr indian t'ihes MIN
ia.o ~ O. we rs "a pom, of re oyernmeni. mi
o. . % b.
OK 'e-. I'd ''ttS' i'sei t'> s' and u s no" chafrd
20 oa-rin e. lon 4'y - tie ospct OF 80 cary 20 snfi"7
'''' :" '''' 80 f.i1es tve 81 fsdy n-'e - -
ga red among Ten, sided Is tie efforts
loi' me- Of vaf ?. fe.i-ons ".om.a1.oUswio eee9e e'
-Fs 10 ga" is @" scar Hpov "rtt We may '"n"iy 1907. a
iae rsil s oi i t1. it ifits which were once 90 -ie o.
10 ad'n .hr "a of wen 10 .eeiel philanthropy.
a. - 20" M ~ ~ ~ , mao o. -, 'f T. r. H.
pnr,s,x rbe ,i e -. nos, 4ra,sei are m .l-rno''- ard
TIE operations thc squadron Of Africa ave leen
co1lnefei $50 due affection jee led 10 lis
e'n1'tpa; a an haPr, 10 say Tat The officers and creN
hy hs command is believed Uat St.e. tie
Only na.ioa ara has Us laws si e 70 - lr T., '." OF
su'r the part o. ot.cr nations would Tot tail
10 Poe attended by bench al results.
," .r @. i,e irnie i" .',n nave eNed j" ne W.
~ mp - - son IS e ''e Is r'','ea' 10 i",' a,y ~
rope wi "a connection Win TIE templtei Nasy Nar
Toe only cstahi- eat OF tie SOFT nov, connected
81 Is 10 a al Bosom ANA tic advantages OF similar esia
a to tie ,a growing reioa must he apparent
ra reror, Secretary presents sour
e atom o. ana ia dnt CHARACTER - oo.a'cou win Tic ser.
In ,l',r''s Yea TO T., repo5, Of tie ros'aaer
TO avei 10 a." t at le aaas OF tie Department Tor e lat