The Arkansas banner., 1845-03-26
THE GAZETTE ys. THE CREDIT OF THE
 STATE

l. $.
 STATE.
 The Gazette, and its correspondents, seem deter mined to do all in their power to destroy the credit ofthe State. Whether they intend to speculate upon the ruins or by destroying the credit of the State as far as they can, hope to injure in corresponding ratio the democratic party, we can hardly tell The Gazette seeks toplace its party in the majority-to do this it bends all its efforts to pull down the credit of the State, intending thereby to drag down the democracy with 1t, and rise triumphant upon the ruins! Suppose it could dsueceedinrenderlngW wholly uncurrenl and worthless the bonds and the scnp oi the State-coud it bring its party into power by so doing? No, neishbor, never! the people ot this State can have but little confidence in the patriotism of party, or the leader of one, who would destroy the State to make the opposite party unpopular, and thereby try to rise into power. You should rather devote the influence of your paper to promote the interest credit, and prosperity of the State, and thereby show the people that you, and your party deserve their confidence!
 We are led to make these remarks, because of number of articles which have appeared in the Ga zetie for some weeks past. In the number before the last there is labored and very unfair editorial designed to destroy the credit of the treasury war rants now being issued by the Treasurer for the accrung expenses of the State. Let us ask you. neighbor, in all candor, suppose you could succeed in bringing down these warrants to one cent in the dollar. What would you effect by it?
 You would probably place it beyond the power of the creditors of the State, who have faithfully abor- ed for these warrants, to use them-or you might hungry shaers to atten upon their hard earn ings and losses If the former you might cause all the officers of government to resign-for matter how patriotic . man may be, he must have bread in that event the utter ruin of the State would ensue For it is impossible for any State to exist without an administration of its laws. In either case you would have accomplished a work that no patriot could be proud of-and that no man would ever be rewarded for by an honest and discerning peoplei- cxccptin the manner that Paul prayed that Alexan- l-r the coppersmith might be rewarded-aceording 10 his works!
 For the information of persons interested in the credit of the State, and particularly those holding State scrip, we will make the following statements
 The present fiscal year commenced on the 1st of October last The expenses of the late General Assembly, amounting to near $s30,O00, included in the expenses of the present fiscal year, and haze been paid by the specie taken from the State Bank. The expenses of the State for the year, exclusive of the expenses of the General Assembly, will amount, before stated, though not so clearly, to about LOCO. And, as we stated on a former occasion, we are informed by the Treasurer that the revenue arising to the State from different sources for the present fiscal year, exclusive of the specie taken from the State Bank will amount to about that sum s3O, ,O0o-so THAT HE WILL BE ABLE DUR- ING, AND AT THE END OF THE PRESENT FISCAL YEAR, TO REDEEM EVERY TREA- SURY WARRANT ISSUED BY HIM FOR THE CURRENT EXPENSES or THE YEAR!
 We heard Of a case the otherday, where gentle man sold a treasury warrant at fifty cents in the doar and the purchaser, in short time afterwards, was paid the yjial amoant ofti by the Treasurer
 Now that poor sufferer Was probably good hon est whig, and having confidence in the editorials of his eader of the Gazette, he was induced to sell his warrant for hafits real value And this, neighbor, is about the effect your efforts to destroy the credit of the State may have! They may result in injus- tce and loss to many good citizens but this will not inspire the people of the State with more confidence in the party of which you are the organ-bat will rather greatly lessen their confidence in their pat rotism! Therefore be guided by your good sense, instead afparty feelings, and quit it quit it quit ill!