Iowa territorial gazette and advertiser. [volume] (Burlington, Iowa Territory [Iowa]) 1840-1846, 1846-04-11

perhaps literary sense, the term .b;Il :,
credi! mas comprehend any instnm.r.
by which aS,a,s engages 70 pay mon.v !,
. future day, thus including cerific,,.
for money borrowed. But The ianx,,ase =
the Constitution itself. and the rhiscLi.r,s
be prevented, which We know from ,hs
history Of our country, equally Iimi. H.
Interpretation Of the terms. The word
emit is never employed in descr;L;,..
those contracts BY which STATE bind, =
self TO pay money at future day for ~.
vices actually recei, ed, pr fur money ~
rowed fof present use; nor are nstrnmer,.
executed for such purposes, in comma.
language, denominate,I bills of credit, r.
emit bills Of credit conveys 10 The m;,S
the idea Of iss;iiik PAPER in.end.d -
circulate through Tie Community a. \. =.
dinsry purposes AS MONEY, which y
per is redeemable at future dav. ri.
Is in The sense II which he terms h,,. !
ways been iihderStpod::
AT very early period in oiGirr coloc,,i
history, the attempt 70 supply The wanIl;
Of the precious metals By paper m.d;.n.
was made 10 considerable eyten,; M NJ
bills emitted for THIS piifftose hav. ~. ~.
frequently denominated bills of cred;,
During the war Of our revolution. =. 80.
driven TO this expedieht; and nec.s.;,-
compelled us TO Use it 10 . most fearful ~
tent. The term has acquired an annra..;
ate meaning; and bills Of credit ,ian;f
PAPER MEDIUM intended r. .;."
between indi. idusls, and between .o .""c
nent and individuals, fof the q, dinsr, r,'':
poses d society. Such medium; i. alw,.,
liable to considerable Arc,ua,ion. i, vi:
ne is continually charging, and these chan.
ges great and sudden, expose individual,
to immense loss, are the source &c ru,nous
speculalions, and destroy all confidence Be.
tween man and man. TO CUT UP THIS
EV L BY THE ROOTS. mischief which
WAS felt Though The United States, and
which deeply afflicted the interests and
prosperity Of oil, the people declared in
their Constitution, that no State should is.
Sue bills Of credit. TMep prohibition n,oni.
nnyfhing--i the 9ords ARE noi EMPTY sounds,
il means THE EMISSION OF Any PA.
PER MEDIUM by State Government
Tor the purpose Of c"mmon circulation
See Peters Reports, Vol: 4, pages 4sl-2-3-4.
a voice rom Phii1dSlpAH.-The "Dai-
las Association" Of this city, on The iSth
instant, held meeting, James Sandy
President, Lyman Acklen, Secretary:
when they passed the following:
Whereas; AT the last Presidential can, ]
paign, we wei, heart and soul, body and
votes, for Texas ahd Oregon Oregon and
Texas and not half way for either: Ami
whereas, we have annexed to the Union
the whole Of Texas, therefore be it
Resolred, Tha; we are entitled to the
whole Of Oregon up to "a 40, and that w
consider the Southern States bound t. the
Middle and Northern States to sgree with
US, and 60 for Oregon as we ent for Tex.
as entire.
iesoirsa, That any compromise with re-.
gard to Oregon, II this late date, would b
cowardly and anti-Afnefican.
The Commissioner If Patents has msds
his annual report 10 Congress. 'TfhHss
whole number Of applications for patents
during the year l845 Is 1886. the whole
number oil to1eats filed, 452. The nun.
bet of patents issued in 1886 is 500, in4
GLIDING Reissues, additional improvement
designs. Patents that have expired d.
ring the same period, Al The receipt
Of the Office amount to 81 ,O76, Ia, ofwhicll
sum, SO, 223, aS have been repaid ON &C:
count Of applications Withdrawn, Sc
The e penses Of the office, in all, $751;:
1892; leaving a nett balance Of $ll,:
682 10 be credited 10 tie Patent Fund.-
The whole number Of patents issued BY ihS
United States for inventions, up to Jinua-
~; 1916, is IA 526. The general bust:
ness Of the office, as wen as its receipts,
during the past year; has greatly increased
over that Of any iol nhtf year.
Democratic Doctrine.
Our cwn opinions on the Oregon d,si.
tion are too web Known l., our leaders 70
need recital here. We believe and eysr
have believed, since first we examined the
subject, tat the American line extends
from California 10 the Russian posssss-
ions-that Oregon the while 81 n, 10 oari
BY treaty, cure BY discovery, ours By stt-
element and ours By contigui.y. In The
Of quoted words of one Of our distinguish.
ed citizens, we also believe, that il is .bet;;
ter 10 fight for the first foot of our soil
than the last-io battle upon the door-sl
than upon the hearth stone" Thus b.
lievmg, we would not surrender one scA
10 Gfeas Britain or to any other nation.