Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1845-09-24

Al no arranged il the domestic debt sould
Two per cent On the State debt is about S2ooooo-
levy Of 20 the 800 Of her property and poll
of so cents would yield 42ooOOo OF 70 cents ana
poll 50 $500 900; of 80 cents and the poll
S45 900 In I54l the State tax was at AZ cents being
hundred per than at present and the poll
cents being 30 per cent more than at present.
There is also believe, lying from the sug-
pesons Mr. Butler that the BOnaho!ders might De IN
take the grant, and guarantee the completion OF
the canal Surely nj can be made, upon
proper basis, the ensuing session OF the legislature
if the embers elect shall up the work with
spirit due TO the occasion.
The interest BonGboders in the completion of
this Canal is identical with that of the state 1t enables
the State TO comply with obligations then whilst
re-estabIshes her credit character If the Bond
holders would take the land granted and finish the WORK,
noon nJas,e of The nroceeds the Canal the
payment the debt due them, to be accompanied by
other provision for the payment OF portion OF the
interest it plan which we should most earnestly re-
the grant the completion Of the canal and this would
secure it. They desire arrangement for payment
this they have right expect and without It, we
have right to expect any thing from them
This plan then without loan, or the plan with loan
as heretofore suggested we submit with our recomme
dation the latter should be preferred. that
the lands should be Wig iany preserved from every spe
cies of tresPas and disposed OF IN no Dut Tor
for there kind of credit system which would ali In
being productive of delays disappontments and embar
IT, however above all other plans you should
prefer the work constructed by company other
than the BondhoIders in the mentioned, we have
only add, respectfully, be it So You have the
various nlans before YOU and views necessarily linn
tod AS much desire the completion of the work,
desire the State placed IN proper posi-
ton public debtor; and whilst ndulgng iii that an
ticipaton have felt il not Incompatible with the DUTY
assigned to upon you an arrangement by winch
both could surely effected We regard this the most
the atdr of the State which has ever
happened Her character now be restored and her
credit placed upon firm and enduring basis, she may
be left take a plunge still deeper in the abyss leaving
but little hope for the future. We entreat you, then TO
rouse up and give yourselves the reflection which the
demands Discuss these subjects among your
selves, and make known your determination Are you
willing that the State should remain any longer IN her
present humiIiaon1 Why should we live are,
when have honor and prosperity within our reach!
Reprcss beseech you, any spirit OF sectional oppo-
which to the work so intimately connec
with the credit of the State Such spirit may some
and to the ends OF ustce
but this occasion, it should be regarded as reckless
and suicidal The interest and honor of the State-of
every section of it-requre that should harmonic
and unite. - :,
There is also, fellow citizens Indifference we would
guard YOU aganst-which speaks with
paying the public debt, not now but when We are
onor ana uia' we
ao, no honest and dscer-
ming community will tolerate such for the
public denquency for they regulators, whatever
their professions be- who able to their debts,
but will make proper effort to do Now is the time
repeat when can be made successfully, and with
the least pressure the People And, when the pub
lie debt provided for all of shame citi-
z of Indiana will be removcd-thc cngrant VIII no
ring home wherever else he may find The State
will be regeneraed, and her march will be rapidly on
ward in population, Improvement and wealth
THOS. II. BLAKE
JNO. X. PORTER, C,
JAMES HARRINGTON, "'
w. HAMILTON STOCkWELL, "'"'''
JOSEPH S. JENCkINS,
Terre-Haute, August. 1915