The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-02-02

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~nxbrIrma, Jan. 81, 1916.
had a strong inclination 10 begin this letter viii
an apology for not being able 10 write as frequently
as as should have desired but, whenever open the
Union, and pass my eye along its closely -pac ked
columns, the whole twenty-eight Of which oecs.
sonsily, and frequently tweuty-on are devoted to
congressional proceedings, original articles and 9th
er important maiter,-,when observe this Ia proof
ar 10 OF extraordinary enterprise MS well as OF the
absorbing character of the national legislation }
do not feel warranted in addressing you ns fire.
quently as II your space had been less occupied II
u due to you 10 say that this tribute, mingled as
u now - with AN explanation Of my own neglect is
frequently paid In my presence to the editorial head
ana business management Of the Union.
Col. James X. Snowden, the treasurer Of this
state, Is now in Philadelphia, and will begin TO pay
the semi-annual interest our State debt, falling
due on Tomorrow or Monday next He assures
me that there is doubt of the ability Of the
state TO meet all her future engagements. Various
Efforts have already been made TO ameliorale the
burdens arising from our preseat enormous State
debit and Hon. VIM. Bigler Of our Slate Senate,
mas distinguished himself by his perseverng efforts
TO secure It's payment On w Wednesday last he nre.
sented to the Senate bill providing for the pay.
ment OF the State debt, and containing provisions
for the collection Of tax upon lineal and an addi-
tonal tax upon collateral inheritances Il requires
the State treasurer, Immediately ser the passage Of
the law TO ascertain the entire value of the whole
assessable properly revised and equalized under
the late act of assembly, and toaseerain the amount
oil per eentnge which the entire State debt including
the reliefnotes yet in circulation will be upon the
of he val ynffh Cs.,
70 Transmit TO the reasurers Of the several counties
statement Of the per cenlage, whose duty IL shall
be TO give notice IN their proper counties; and the
owners Of real estate have the opportunity Of
paying IN full the proportion Of the State debt that
properly attaches itself TO their real estate; and
the county treasurers are authorized TO receive in
payment for the same gold and silver certificates Of
State debt, &c; and il paid within three years 10
receive an abatement Of Is per centum, and an ex-
oneraton forever from the payment Of any tax In |
part OF the existing State debt. IN.
There is very strong feeling prevailing in favor
Of some such plan as this, and have no doubt that
thousands Of our sstzeDs would very cheerfully
pay their ratioof the State debt IT, in doing So they
could be secured against all obligations Of the same
klnd, based upon the same debt in the future Its
subject OF considerable importance TO the whole
country, as well as TO Pennsylvania. Col. Biger
he author Of this measure, will entitle himself 10
he lasting gratitude OF our people, if he shall sue.
'eed IN having some measure adopted by which curl
enormous liabilities may be hquidated.
Il. A. Penniman, esq lately State senator from
ms county h HS hf fsf pksaslPhia city and county,
49,, wrS d~o ,Wfaysr. the newly elected ,ncnm-
rome into Office Mr.. Penniman is an able and excel
ant man, and am glad TO know that his appoint
nent gives general satisfaction.
The ong-pending case the Bank Of Kentucky,
Vs. the Schuyllill Bank, has at last been decided
The decree, too, is final according to the act of the
egslature-no appeal being allowed to either part.
Judge King, president of the court Of common
5leas Of this city, sitting in equity, gave the opinion
IN Wednesday last, and very able and profound
,ne IL was. The decision is in favor of the Bank of
Kentucky; and although it is regarded as rather an
one for the Schuylki Bank, it 10
to be just and fair opinion. The
mount claimed by the Kentucky Bank is about
~ 500, 900; and although the sum it will receive UNI
Ter the decree Is less than this, it is understood
hat it will be quite sufficient to absorb the whole
remaining capital Of the Schuylkill Bank.
Our members of the Legislature are still at work
IN ''the tariff Of 1912" In the Senate, the resou-
ions in favor of this law passed, as you aware,
by unanimous vote. From present Indications,
he majority in the House will not 60 the lengths of
he Senate. Il 10 folly, as well as alsehood to as
that the people Of this State in favor Of this
aw, adsurdities, Inconsistencies, and all There ia
no doubt that they are in favor Of protective
principles but declare that the policy in regard to
The tariff Of i842 should be- touch me NOT, is in itself
most unrefectng and precipitate opinion. The
democratic members in the House seem inclined to
axe more just view Of thissubject The resolutions
,f Mr.. Bensell, offered as an amendment to those
,assed by the Senate, avow the doctrines Of the Pre-
,ident, and conclude by stating that as Pennsylva-
MAS great staples--coal and iron-form, in peace,
ne lust foundations of the public prosperity, and in
war; the elements of the national Defence therefore
hey should receive at the hands Of government the
benefit of such determinations as made in levy
ing and collecting the public revenue. They have
viz asa ed hut will |
They express the honest feelings of our democracy
The recent news from England has had ia
vorable effect upon securities here, and l am in
tormed that on the day the Hibernia arrived, few
az our knowing ones on change, realized handsome
spcculations. State fvcs sold yesterday at $40.
General Cass's lecture, on Thursday evening,
was attended by very large and fashionable audi
ence, who were greatly delighted with the dis,in-
guished orator. Several Of our finest military COM
panies attended upon the occasion, and the evening
muHr:>ixened by strains &c The most delightful