The Arkansas banner., 1849-01-02

ar II will be seen by the Following extract oi ! congressional proceedings that our Representative R. w. JOHNSON. has already been called upon to take up the cudgei in defense of our State. Thi. he has ever proved himself ready and able to do During debate upon appointing standing com. mi,tee for the Smithsonian Insttute Mir Hiilaid oi Alabama, took occasion to refer to the investment of psrion of that fund in Arkansas State Bonds and intimated that our State had dishonored her liabilities, which Mir. Johnson indignantly replied 1 to.
 l Mir Johnson of Arkansas, said he would take the liberty Of making remark here, for the pur- pose of setting himself and the State which he had
 the honor 10 represent in degree right ia re- 1 ference io this Smithsonian fund. The gentleman from Alabama had ssid that the State of Arkansas
 had sqlaniered all this fund. Now, whether it was
 any enjoyment 10 the gentleman to assail his (Mr. MT. Hliiard explained, disclaiming the slightest
 intention to assail the gentleman's State, and say ing that he had merely spoken of the moaey ss be-
 ing lost or squandeIed by the General Government. ME Johnson said the gentleman ought 10 have been aware Of the fact. that he might wound the feel ngs Of some persons on the floor, in his rather loose and general Iiyle of speaking. He had heard those who did not like some of the Yankees, damn them ell a class. He never thought they ,lii exactly right 10 damn every Yankee (a iauehl ke. cause they disiiked some few whom they had met. | There were some very clever gentlemen amongst them; he wished there were as good elsewhere. New. he wished to say few words in regard to this State and this fund. The gentemaa had said the whole of this Smithsonian iegsey hal been sqnandered by the State of Arkansas Saaan,lefps --how' Did the gentleman know snything about The disposal of ihis money by the State of Arkan siss if he did, he knew t had been lost by the adoption. by that State, oi his loved system-the banking system.
 He whished to state. in esder that his State lnig h stand free from any unjust charge here that there was not. within the limits Of that State and never had been. respectable party. known as q parly who would repndiats the first dollar of the debt she owed. If there were such persons. he could ony pledge himself. as an humble indisiiaa that he would always fight them, Susfi IS she was, in- significant as she was, there man within her limits who could live political life for one day. and espouse such doctrine. What was her condition.- She poor; Der population was small; the taxes on her people would be increased beyond human endurance, if they were put on 10 pay this debt at once. She was growing; she had natui al resources, great and extensive; give them time to be deveiopeI. and she could ay this deb,, and every other debt she owed. He believed fl, before Cod
 Bat a the account between the United States and the State of Afkansas. the debt was not aito- ge'her on the side of the latter IL had nsed 10 be matter ef jest wth his pretsressor---a proud aud honorable man, whose ps,st he coaid never fi!-- that whenever the United States woa!d setsie fAtn Arkansas would settle too There was, sever,he- less, a good deal Of truth in this The whole per ceniage the sales of the public lands, which be. longed to that State, had been reserved by the Gov srn@eni---fos ubat' To apply towards the pay meat of this Smithsonian fuad. Wha, inc ancant was. he did aet know He bopea there woaii be enough 10 pay the interest, he woed like if there was enough 10 pay tbe pFiaeipai tco;, there might not b. enough to pay either. But that thst State would come ap 10 the mark. cad fully pay sli her debts. both principal and interest. whsnevsr she was seae tc as .c, he assured the geatltmAs frcas