Washington telegraph., 1848-06-07
REeLAM,niEL,SDIN ARKANSAS
To hc ERHor af Ar BuH,ef.

iisDtN ARKANSAS.
70 he EiRor II The BWieE
In contemplating our present cmhaf.
rassea condition, on account af thr csiah.
lishmrul OF two hunks ut an early period
OF oar existence asa State. whose present
exhibits, must satisfy all, that the STATE
willnltimaaly have 10 foot tie blll-=ar
repuliHe her awa bonds. lam induced
by hIgheonsidentans. founded in Justice
aud sound policy hope, To submit the FOL.
lowingmvmodal l1r public consideration,
and the action Of the people. | believe
We should arga Congress to donate alter.
nate sections Of all the uns1l1 public
land subject To lnundagion lying upon all
the frai- within the state. upon enudi.
ton lhat Tue uuthulitissof of Tho State erect
sufficient levies on said iiyer-, 10 reclaim
the same
The amount subject 10 overflow bcng
5,337 GOO acres, the one half of all lhc
fomaiuing nsold land, winch may be
about two and hail millions oi Bcfe-,
Wien reclaimed would be considered low
at an average Of So plracfp, would pro.
duee 10 the State n revenue ol = ,dnO60O
much les thnn one half OF this sum
would be sufficient toerrerl the iryie- and
pay Tie expenses Of superinlendanee, ai'
IOiiuga a margin sufficient not only TO-
ingmsh the state drhl contracted on
account OF the hMks, but handsome
sun TO aid in the grHeral plan oi lbiefnal
Improvements. which may hereafter be
established by the state Legislature,
The Memorial being granted aud lhc
hand thus vested IN the Slnte-mcan, will
readily present themselves to those eharg.
sd with lis accomplishment. 10 commence
lAf work.
The poIicY of tie usxf Legislature,
doubtless, VIII point 10 the most speedy
Termination OF ofihepreseni system ofwind.
Ag up the banks--a system, to all ap.
peafanee proper and winch was thought
wouldproYe successful, when first adopt.
rd. bm which experience has demon.
-uatcd beyond question 10 be musi ruius
uus 10 the interest OF the Siaie,-iof,
that, while the interest ou the ouistand.
lug bond. against the Siateamonts aanu.
ally 10 nearly S2OQ,000-thc entire col
lection by both HanAs and all thsir branch.
cs does not in their aggregate rcaehihat
sum, and OF the amount so collected
nothing has been received Oft proper
character 10 pay single dollar OF this
interest for the last 1--WE years: except the
few bonds with the cupons attached, that
have been taken in payment ofbank debts
aud thus cancelled.
Asjhi, State is the debtor TO the gen.
cml government 100000 principal, with
a corresponding amount IN the shape Of
interest, which will altogether make the
sum OF 500 0OO--at or about this period.
II will be readily seen that the United
State. government will be vitality inter.
csted iu making this apparent donation,
in niioi the cX,inqu. hment OF this debt.
when 20 the same time 1t viii add 10 the
value OF the remaining alternate govern
Heut sections Of swamp land, by giving
IL an unusual yuluo-an additional value
lar beyond amy supposed grant on her
part to iAc state. Tor in fact, 80 long as
It remains in It's present oycrilowci state
IL Is known 70 be almost entirely ,aiueluss.
The proposition, is upon the terms OF
equality and fair dealing between the two
parties, constitutional ~crItplcs will be re-
moved irom the minds Of all; aud while
the general government Is placing the
means within the grasp OF the State-to
pay her n Just dcbt, and otherwise save
her from pecuniary ruin and disgrace,
she will be otherwise highly benefited at
the least possible expense.
These suggestions with the accompa.
uying Memorial are respectfully submit
ted TOR the candid consideration OF all,
with the hope OF ciciting an expression
OF the press OF this State, as well as in.
divldual opinion and action
Respectfully,
TllOS. :. DREW.
Executive Office, Little Rock, May H.
lsis.