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


had strong inclination 10 begin this letter witt
an apology for not being able TO write as frequently
as should have desired; but, whenever open the
Union, and pass my eye along its closely pac ked
columns, the whole twentyeight Of which occa.
sionsiiy and Frequently twenty-one are devoted to
congressional proceedings, original articles, and 9th
er important maiter,-rghen observe this Ia proof
as Is OF extraordinary enterprise us well as OF the
absorbing character OF the national legislation !
DO not feel warranted IN addressing you as ire
quenuy rs II your space had been less occupied II
Is due to you TO say that this tribute, mingled as
now Is 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, IL now in Philadelphia, and will begin to paw
Inc SemI-annual interest on our State debt, falling
due on tomorrow or Monday next He assures
me that there is now no doubt of the ability Of the
state 10 meet all her future engagements Various
Efforts have already been made to ameliorate the
burdens arising from our preseat enormous State
ueoti and Hon. VIM. Bigler, Of our State Senate
mas ustogushed himself by his persevering efforts
TO secure It's payment On "Wednesday last he nre
sented TO the Senate a bin providing for The nav
ment OF the State debt, and containing provisions
Tor the collection OF tax upon lineal and an add-
Iiona tax upon collateral nheritances. IL requires
the State treasurer Immediately afer the passage Of
the law, TO ascertain the entire value Of the whole
assessobe property AZ revised and equalized under
the late act OF assembly, and t1Hscertan the amount
OF per centage which the entire State debt including
the relief-notes yet in circulation will be upon the
whole amount of the taxable property ofthe State and
10 Transmit to the treasurers Of the several counties
statement OF the per cenlage, whose duty IL shall
he 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 reasurers authorized to receive in |
payment for the gold and silver certificates Of
~ III ttytfh
receive an abatement of Is per centum, and an ex-
onerauon forever from the payment of any tax In |
part Of the existing State debt.
There is a very strong feeling prevailing in favor
OF some such plan as this; and have no doubt that
thousands Of our sitizeus would very cheerfully
pay their ratio Of the State debt IT, in doing So thew
could lie secured against oil obligations OF the same
hnd' based upon the same debt, in the future Ii il
subject OF considerable importance TO the whole
country, as well as TO Pennsylvania. Col Bigler,
me author OF this measure, will entitle himself TO
me lasting gratitude Of our people If he shall sue.
reed IN having some measure adopted by which our
enormous liabilities may be hquidated.
r. A. Penniman, esq lately State senator from
ms county hqf s hf fsf kaaslP6ia city and county,
~, ~rrS df.o ,Wsaysr, the newly elected incum-
gone into Office. Mr.. Penniman is an able and excel.
ant man, and am glad to know that his appoint
mcnt gives general satisfaction.
The long-pending case Of the Bank Of Kentucky,
rs. the Schuylkill Bank, has at last been decided
The decree too is final, according to the act of the
egislature-no appeal being allowed to either part
Judge King, president of the court Of common
bleas Of this city, sitting in equity, gave the opinion
,ne j, was fhe decision is in favor of the Bank OIL
and although it is regarded as rather an
one for the Schuylkill Bank, it 10
to be just and fair opinion. The ,
mount claimed by the Kentucky Bank is about
81 500 900; and although the sum will receive UNI
A. l., ,laN -. -, -. l
hat it will be quite sufficient to absorb the whole
remaining capital of the Schuylki 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,
~ unanimous vote. From present indications.
he Senate. 1t 10 folly, as well as fasehood, to as
aert that the people Of this State in favor of this
aw, adsurdites, Inconsistencies, and all. There ia
no doubt that they are in favor of some protective
principle; but to declare that the policy in regard to
he tariff Of l842 should be, touch me MOI is in itself
most unrehecting and precipitae opinion. The
democratic members in the House seem inclined to
axe more Just view Of this subject. The resolutions
IF Mr.. Benscl, offered as an amendment to those
,assed by the Senate avow the doctrines Of the Pre-
MAS great s,apes--coal and ron-form, in peace,
he Just 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 are made in levy
ng and collecting the public revenue They have
,een violently assaed, but think they will pass
They express the honest feelings of our democracy.
The recent news from England has had ia
yorable effect upon securities here, and | am in
;ormed that on the day the Hibernia arrived, few
If our knowing ones on change, realized handsome
'peculations. State fves sold yesterday at $40.
General Cass's lecture, on Thursday evening,
was attended by a very large and fashionable audi
snce, who were greatly delighted with the dstin-
yuished orator. Several of our finest military COM
panies attended upon the occasion, and the evening
mus,c:-irened by strains &c the most delightful