Southport telegraph. [volume] (Southport, W.T. [i.e. Kenosha, Wis.]) 1840-1850, 1847-02-24

its tendency 10 reslran men ot small means
not engaged in commercial pursuits, from
rushing ruinousy into debt, and 10 place
them above sudden reverses. Commercial
men,, must have credit, and must be pro-
tec;ed in giving and receiving il; rashly
10 cut it eff from them or to diminish its
facilities, would be 10 close to Them all the
channels of commerce. and inf CT upon
them An unmeIited ard irreireyab!e inju-
ry This law cannot injuFe those WHO ale
prudent. but will rather adj 10 their sccu-
riIy. After all, SIR, un'arnished mercan-
tile honor, is the best foundation and secu-
r,ty of credit. But there is large class,
who require but title credit, and should
indulge in i, with great caution--l class
who believe in and should practice the
maxim of John Randol ph--"Pay as you
go;" and it is on this account that this
provision is received with such favor: il is
on this account that it will prove benefit
to The whole country by lis adoption.
was not litIe surprised, 10 hear my
colleague speak Of The sixth section of the
| bank article in the connection he did. lie
voted for it, he believed it absiIaclly right
he thinks so still. Well s,r, that is my
case exactly. voted Tor it 10 the Conven'
lion:l believed ii absiracl!y git 4 think SC
still, but in accordlnce with what deeme
an expression of the Will Of my constjiu
ents, and because feared it might embar-
rass the adopt on Of the Constitution | die
what he Intended to dol voted to strike
! il ou'. Yet it has never loy moment &C.
CURED 10 me, that the constitution woulo
prove vulnetvble 10 either of US at IN s
point; nor did expect that 1t would be
urged here by him as make weight tc
| the number Of his objections. 1t is sa d II
may prove imperative inasmuch as 1t de
pends upon public opinion for its efficacy
All laws in u fee governmentdePend upon
public opinion, and ifpublic opinion should
sanction this provision, il would not only
be operative, but productive Of a great
public COED, in preventing The Initiation
and contraction of the currency, and in
protecting the unwary from fiauds, coun'
lerGefs, and all the evils of paper money;
and all who believe the provision 10 be
absfractly right, would hail i. as one more
important step towatds correct principles
of currency and government. Should it
prove merely imperative, it is question
for casuis.s, whether il would be W ser and
better 10 reject The Constitution for such
reasons--and TO their decision leave it.
We are told tlat business men here,
deem this and the exemption scc;ion !nlu-
rious 10 their nteres IS, and that business
men abroad will regard 1t IN the same llght,
will dis'rusi our Institutions, and will not
emigrate to our Stale. The gentleman
from Rock (Alf. PaImer) has alluded to
he ran ever impend ng over our country.
1t has been the cry, VIII Oh has met every
improvement in the science Of government
since the world began. In our own time
it has been the d4ly cry Of Tie opposition
Why sir, it is tho stereotyped argument
which has been urged against every change
in the policy Of our government nom The
days of the revolution. But notwlthstand'
ing, all this imminent, terribly threatening
ruin, our country has steadily advanced
in population, wealth, and all the elements
Of power, until he: commerce whilens evey
sea, and her influence is felt in The remotest
corners Of The earth. Business men. here,
as elsewhere, axe always aNerSe TO change;
their daily ayocat ons, make them exact,
cautious, attached 10 the routine OF Their
business, and following tbs trait they have
at all times and in all ages alsed their
voices against every change in commer-
cial or financial policy, as unsafe and de-
s:ructive to theig interests. Yet when The
change has been accumpl shed, they have
not been among the last TO admit, that the
change has been salulary, founded upon
wise cons deraions of policy and the I'M
mutable laws of trade. And, sir, 1t is my
belief that one months fair experiment OF
these provisions, and of thought dictated by
experience, will ptoye them not only ab-
stractly r'ghl, but beneficial to The whole
State. The assertion TINT these laws Will
deter business men from coming TO our
State, is not borne out by experience
The State of Texs uroA entering the
Union adopted an kxemptlon law, much
more e xlensiHe than on S, yet all accounts
concur, that SIZE is more prosperous, more
rapidly Increasing IN population, WIN an
immigration of u higher intellectual anc
MORAL character, ihan at any fIrmer Pc
rod.
There doub less many ob,ec.,ons which
may be urged against numerous repre-
sentative body, but there is great dou5
whe,her they ale not far cutW eighed By
lis advantages. Every one Of tie Ne"
England S;aics, except Rhode Island, has
larger number than provided fer by gu
! Conslitut on, mos, OF them more than double
and who will say that the laws are not a
we'll made and diges,ed, and Legislation
conduc ed with as greet purity and a
/ l't,le expense there as elsewhere. Large
/ Represen alive bodies a;e lreer ON al
cotrupng Influences than a small bod.
can be- The repre- self tive brougt neure
TO each Of lis constituents, ard more Of TIT
people themselves ave pesent. Fac
member IS moe dependent upon cac
elecior, more closely va ched more stIcll,
brought into account Of ms stewardship.- -
Indeed, every cons de:ation hich favor
representation 10y single d sricts, in SOM
measure fayos a small const;uency--aEt
consequently Il numerous Tcpreseniaiiv
body.
I | have now, sir. come 10 what my col
e. que is pie. SD 10 tenn master evil O
The Constitutions Elective Judiciar,
for short terms, each Of Which no con
dors bad in itself, but together m kint
the worst possible system. The impor