Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1848-02-10
Published every Thursday

the Wabash and Erie canal VI the State did this
canal, and was progressing with would this bill 10 charter
this railroad have been presented Would il not have been
rejected Most certainly.
Mr. Blythe would not jeopardze in the least the arrange
ment entered into with the bondhodeIs Mr.. Terry
instructed BY his constituents relative this NATTER
than he himself his constituency. He would always
De or maintaining to the letter. ave. 10 The SPIRIT the COLI
tract with The bondholders holding them, well the
OF this arrangement; where the proof that by passing this
BILL the State would be breaking faith with The bondhoders
There nothing assertion He took with Mr. Ter
Ty the assertion that by constructing this railroad the
State would be violating The contract with the bondhoder the
posOn had been attempted be proven by the 9Th section
Of the Butler Bill By that section he would show the
negative position assumed by Mr.. r. Was there
monopoly of the aud the wealth Of that part Of
the State granted by that act to the bondhodeTs No sir
They stand only in the place Of the State So long the
Stale legally speaking observed the Of contract,
long could the State hold the bondholders bound Was
the act showing grant, Of than right of property,
granted by the Butler Bill So lorg that contract is OBJ
served, long the bondhOders liable Mr. Blythe here
illustrated his position by surprising tabacco mauufac-
iust ne should sell out his mandatory would that prevent
the erection by him. Of another manuactoy right by the
side Of the just sold How is this violated
assumed that by the construction Of this ralrOad Of
injury will result the canal This did
run parallel with the caDa-there also distance OF
forty miles between portions Of the routes-hey ierm
nate at the place. but widely differ The counties
Itch, progressing rapidly unparalleled in the history Of
the west Members look to the future they must cali
culae for the growth and prosperity of the country for the
future. The time is far distant when wealth. and
the popuaon southern portion
State will demand something at hand of the State be-
side the canal Why then not begin in time He did not
wish To excite Jealousy against bondhOdeTs but he
saw great danger OF binding hand and foot the interests Of
the State and place them feet Of bondhoe He
warned members of it Beware
Mr. Orion said were any objections to this BILL
was not that was local for it interested the
whole State, affected the arrangement with bOndhod
The whole objection lays ia a small compass:in the
Butler bil,-n the deed Of grant, The bondhoIders by
the BILL the place of the State that provided
that they the bOndhOdeIs enjoy the tights and pvi
OF the State and have all the powers thai The State could
have and do about the canal the Would
the State permit this railroad by side Of the canal How
was II IN New YORK there the State in granting the charter
for the railroad. had expressly carry meIchan-
die or height only when the canal could Even such
clause in the BILL still it would be Objectionable 1t is
said that the "BUllef bill " does forbid construction
of railroads? 1t too late to speak of the ant Of the
monopoly" erected in midst Would il been less if
the State owned it, He thought this the most important
matter brought before the Legislature this winter the school
bill even not excepted By there danger Of releasing
our oondholdeIs thus placing again mODsOus load upon
the State. He could vote fo The bill.
Mr. Short thought this bill affected interests of the
whole people Of the State II had not been long
mighty ncumbus weighed upon the Stae,-lst winter this
ncumbus had been taken off, the cloud Of despair had been
scattered; members Of this session. again to gather
that gloomy cloud? Why the public works constructed II
was To join great points Of commerce. The canal did So By
the terms Of the contract faith of the State pghted
was that faith to be brOkeni This canal paid off half
of the debt great dram upon the Sste-was it not
the interest Of the people 10 stop ii.
Mr. Miller moved refer with instruction the BILL 10 the
committee U corporations.
Mr.. Lane moved to lay on the tabe-caued.
The question then taken the engrossment not
carried, ayes 81, nays 60.
Bills Passed
bill authorizing change in cetnin roads therein named;
special for the contraction and improvement of roads
in Switzerland county; authorizing amendment Of deed
by j. G. Johnson oil Owen county; changing road IN jack
county Incorporating the Council Glove minute
repeating certain laws and explanatory of the laws relating
10 fees Of certain officers, laid the table locating
road in Owen and Clay counties; amending chapter
H. Of statutes Of '43; regulating the sale Of ardent spirits in
the county Of Floyd moved to Indefinitely postpone
IL
Mr.. Stanton opposed its progress.
Mr.. WIndstandcy dtsed the bill to pass, majority oil
his nsiuents desired the law, and the HUuse would be
but comply ing with the wishes of his constituents.
The bill not indefinitely postponed ayes sc, noes 81
g And the House adOuned.