The Evansville journal. (Evansville, Ind.) 1834-184?, 1846-12-19

Quence, Will forever prevent reinstatement
of the restrictive policy in our country.
In relation 10 the proposed arrangement
for the payment of the State debt, and the
completion of the Wabash and Erie
canal, as authorised by the act which
was passed at the last session of the Legsla-
ture, | have the satisfaction TO state that
leter was received by me 10 the early part
of July last, from Mr.. Palmer OF London,
bearing date the 30th of May, 1916, enclo
sing a copy of two resolutions of that date,
which bad been adopted by The committee Of
bondholders in London, under whose author
iiy Mr.. Charles Butler had acted in submit
ting propositions in their behalf, resulting in
the passage of the bill in question. In these
resolutions, (which with Mr., Palmer's letter
is herewith submi,ted) it will be for the in
terest of the bondholdeIs 10 concur in the
priciple OF that arrangement, by the payment
of one half of the principal and interest of
the debt by taxation, and The other half by
The property and tolls of the canal, from the
State line adjoining Ohio 10 Evansville .
such property to be assigned three trustees,
and the State TO be freed from responsibility
on that portion of the debt and interest so
10 be secured.
1t thus appears that the principle of the
proposed arrangement has received the as
sent of the Commute Of bondholders, while
within the sphere of my own observation, and
SO far as my information extends, the expires
sion of the great majority Of our citizens is
also decidedly in its favor,
Steps have been taken TO carry the act into
effect on the par. of our bondhoIdefs, and |
am graiifed in being able TO stale that par
| ties holding bonds 10 the amount of more
Than 100000 are ready to surrender them
in conformity with the principle of the ar
rangement. From information derived from
the agent OF the bondholders, who is now in
attendance, it would seem that certain modi-
| ficatons of the bill of last session are desired
on their part.
The proposed notifications have not yet
been submitted TO my inspection, but | am
informed that they do not conflict with the
principle of the bill, and yet are deemed es.
seniial for carrying into full effect its fair and
obvious intent. They will be submitted at
an early day for the consideration of the
General Asse mbly. Any notifications re.
quired for the success or efficiency Of an ar
rangement so eminently conducive to the
prosperity of the people and to the honor and
reputation of the State, and will not vary it:
principles nor addto the burthens of the
people, will, it is believed be bat responsive
TO their will, and trust will receive YOU
favorable action.
After repeated attempts on the part Of The
United States for an honorable adjustment o.
all existing differences with The Mexican
Government, consisting in part of the accu
i citizens of The United States, in their per
sons and property, for more than 20 years
our amicable relations with that power were
suddenly terminated On the 24,h of Apr
4 last by the invasion of our territory by
Mexican force and the shedding of blood o.
Jour own citizens upon our own soil.
This event was duly communicated 10
Il Congress by the President of the y. States
on the 1th of May last, for the consideration
of that branch of the Government, which by
vote neatly approaching TO unanmiiy pass.
ed an SCI approved on the 18Th of the same
month, recognizing the war thus commenced
on the part of Mexico as existing between
the two powers, and authorizing the Presi-
any number of volunteers, not exceeding
\ $1,000, for the speedy and rgetic prose
cution.
By communication from the Secretary
of War, dated the 10Th of The same month
and received late in The evening of the 2lsi
enclosing a copy of the act referred to;
was requested on the part of the President
to call for three regiments from this State, tt
serve as infantry or rfiemen, and to cause
them TO be organized at The earliest praciica
bic period, preparatory 10 their being
moved towards the seat Of war. In compli
ance to this request, my proclamation dated
the 22d of May was issued, inviting our cit.
zen soldiers 10 repair to the standard of iheil
county.
This call, found our citizens peacefully
engaged in their ordinary pursuits, scarcely
dreaming Of this invasion OF our soil by for
| egn foe how faithless soever past events hao
shown that foe 10 be. Our military organi
Y cation, during peace of 80 years, was bro
III ken up and in ruins. No funds had beer
provided by law, to be advanced TO the vol
, unieers, before they should reach the place
e of rendezvous either for clothing, for proyis
7 ions, or for the expenses OF transportation
5 1t is true, The United States had made ample
S provision for each of these objects, but pay
S nent could not be mace to volunteers uni
they should be inspected and mustered int,
}, service. What the volunteer stood in neet
? of, therefore, was friendly hand to advance
# to him, or to the proper officer for his use ,h
4 amount of these necessary expenses, unit
: being accepted into the service of the Uni
led States, he should receive from the pay
e master, his due allowance for these expen