New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-01-09

the s.oppagc of orr Works e1erted favorable
uf1enre on Stocks. But the evious panic in
5 ocks had been created by the shameful Repu-
station of their State Debts By Mr.. Wrght's pc
i;cal ffiends IN Mississippi, Arkansas and else
whe;c. The mere fsiluge OF Eone States to pay
interest promptly had depressing influence, Of
urse; but when States were seen deliberately
avowirg, and establishing by a popular election,
,ba; they you'd never pay eithsr principal or in
crest, and whes the journals of one Of the great
Political pates which divide the Country were
found rejoicing over the triumph OF swindling asa
triumph of Democracy then Foreign Capitalists
lest Ill confidence ii ouf solvency, our honesty,
and institutions, and not discriminating, IN their
panic and imperfect knowledge Of American al
airs, between solvent and insolvent, honest and
dishones, States, tried to get rid of their Stocks
At any sacrifice. Even the Federal Government
could not borrow at par on stocks which would
now command twenty per cent premium. Clear
r views OF things have sncc obtained; the Cosn.
t,y, breced by protective Tariff, has gained
rapidly IN wealth and strength, and Stocks have
improved with every thing else. he must be
very narrow.mlnoed partisan who can attribute
all this improvement, whether in the Stocks of
New. York or OF Ohio, 10 our Stop.
We conGdcntly trust that the presen! Legis.
4ture viii not crafty the Governor by giving
the requisite vote OF two. thirds of each House
Or the proposed Amendments to the Constitu-
lion. These Amendments are shre6s Of party
patchwork which ought not to be fastened upon
the Fundamental Law of the State. The first is
unjust and unfair III requiring that the People
SHALL by direct vote approve of each specific
object for which loan is required and OF loan
and tax for shat OBJECT. Under this provision,
the Erie ard Champlain Canals, severed and
each standing by itself, could never nave been
constructed. ANY voter might fairly say, {" l
am in favor of internal Improvement, where
the public good requires it; but how can tel
whether Canal is needed in lhe valley Of the
Genes-e or Black River? I I'm willing to vote
iJr This Canal as part OF general system OF
Improvement, bu; not as solitary work" The
effect would &c just what is lntended-to put a
stop 20 al farther Internal improvement what
ever.
When Gov Wright speaks Of Sc these proposed
amendments" having been widely discussed and
approved, we suppose he refers 10 the anu. i'm.
provement propositions only those which con-
template large addition to our present number
of Circuit and Supreme Judges, &c. &c. we are
sure have not been. The People desire simpll-
fication of our Judicial system, rather than the
opposite and on this point we have no fears OF
Regency triumph.
But when Gov. Wright assumes that any dis
position of the proposed Amendments you'd salts
fly the growing desire fer Convention to revise
our State Consultation, we can assure him nc is
greatly mistaken. This desire is bastd on other
and deeper considerations. There is rapidly
extending conviction that the Executive has too
iany officers to appoint and the People too much
10 pay them. There is Il belief that our Town
and County Expenses might be cut down, if
proper measures were devised 70 afftc, it. There
is general perception that our Juiicial System
IS cumbrous, expensive, and utterly inadequate
TO the public wants There is rumc affected and
much genuine Anxiety for the establishment Of
same efficient safeguards against the corruption
of The Ba!lot-Box by Fraudulent Voting. For
these and other reasons, the People have begun
10 agitate the question Of Convention, end they
will mo-, stop until Convention is called. We
hoped they would be seconded by Gov Wright
in consideration OF the Influences which made
MIN Governor, but in this we are disappointed
No n,atter-the baltic is not lost by the detection
of single soldier. In that truly Republican
State wherein Silas Wright was born, and where
we learned to distinguish true Democracy from
It's brazen counterfeit, the People choose Coun
ell every seven years, who meet expressly to en-
amino thar Constitution and Suggest Amend.
men:s thereto. it is now some twenty-;our years
since Nav. York had the benefit of any such re-
vision. II is high time she had it.
Venus, speak frathcr of this Message.
~. Ga, tsax. NJ