The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-06-26

49, do not believe that q single Texan bond
SoI1eT had solicited single member Of Congress 70 up
port Mr. cays Compromise. Al Least ! cap spy h;s
country and certainly southern man not very liable
$50 severe fits OF moderation. beg leave % ny
without essential modification MT Gays P,4n scve
IL come respects OF the general osIne OF pacineaI.oh
involved 10 that scheme, the patnonc mouve wuicn
dictated m preparation Thai belongs to genius
and often conscious power q a. early Psnod q .Ie
session. allowed me 70 suggest 70 nun scheme q Al
s%S:rs put su wasn hope for E adoption however
mnch re might have approved OF some Of M provisions
think, therefore, that Mr. Clays decoction Of TN or
not been o. potential drug N seducing us from our alle
"a s % ths South as Mr.. Wallace supposcs.
have g M Clay. Isp e Of adjustment
q to anqulize the country have always a. the same
looked % the ultimate payment y the United States
OF the public debt Of Texas, Tor which her revenues bad
bean pledged a. beyond the contingencies of Mr. Cays
bill because il rests obligations manifest as not 70
Be- susceptible OF violation except BY gross breach OF
ShIy. That The provision in Mr. Cays bill. that the
bonds for the payment Of which the government OF the
United States supposed 70 be responsible should Ss first
L offended BY this proyison shoud regard her far
mos .ssty than Sir Anthony Absolute In the play But
whether u ;s na 1 Ssss se o1 Ss
the vendee Is specially liable he has not right to spu
late without offending the self love Of the VENDOR that ne
awyer would Be a no loss 10 decide, however difficult
the problem to yrexx chsuaitsr, whose optics might
b fsr more acute in discovering insult and ndignity
there is no knowing how little man see who wishes
10 be bind or how far by extending his vision to see
! Sthy. That the bondholders are lobby MEMBERS who
ve bought up these securities they hold at great sac
rce below their par vdlus who throng the purl,sus
q the capitol ready to grasp the promised spolls fss
tH f
There are two atRrmaons Of matters Of fact in this
satement which worthy Of the serious consideration
hronged the Capitol, much to the annoyance Of hon.
osbe member in passing through the lobbes TO the Res
aUyants to take their veal outlet and punch has not
been my good fortune, with all the sympathy which be-
longs TO sufferers, to have seen one solitary
bondholder prowling about the pureus OF the Capitol
Perhaps Nj Wallace links every man he meets 10 ne
pearance. more especially i he has 20 lean and hungry
look lean scarcely bring myself within the category Of
nsSs On hs door Il BoS houses and certainly have
not disturbed the tranquility OF any gentleman who hap
pens TO receive eight dollars day and his mileage. with
happen 70 6s outside q XII The Capitol. 1 80 =
Has Mr.. Wallace taken the trouble to inform himself
whsshsr .he bondholdsrs Of Texas are indeed gang Of
adventurous speculatos, who have bought up her secu
Lst ne give hat gentleman few facts IN the place Of
h eOnjectues The State OF Texas has taken due pre-
caution. BY instruciing her auditor and comptroller
to report scheme Of reduction for the payment OF their
public debt by which nominal debt Y reduced one hall
Obligation the face of Them but by what at period
Of great need the government received on these securities
s. shai viii Be clearly perceived that Texas is likely
ake eectua measures to prevent spectators
from receiving the fruits Of their fraud, to witt by
ceiving ch9 1exas promised to pay.
Lei me tell The gentleman. that -fourhs Of the
large debt that represent here Texas received par
on every arthng and that the balance Che other fourth
she hns made par by special covenant under seal from
the extreme value of the loan, al moment Of great
peril in her history Even this latter loan was scarcely
negotatsd q larger discount than the government q
the United States compelled to borrow during the
othly. That the purchase Of 100000 acres Of
slave territory is to make three free States, that they
may Ct into the Unions for they get in in no Other
Nov, cir, do not consider the Texas bondhoders a.
in the smallest degree responsible for this purchase Mr.
Clay inserted this provision in his bill without consisting
~, and do not know that our claim should be
ns Mr. Wallace Iss e
il the OF the United States should be will
ling 10 buy, Texas will sell below 3o deg 80 min
except il may be with slight detection from,
run in the ine to enable the inhabitants Of New Mex
leo 10 retain their ancient capital oil Santa Fe All above 80
deg 30 min isdestned being formed into Stale
suppose. after this and during the territorial
dtsOn Of New Mexico. sufficient number OF southern
smgrans for the purpose OF working the mines should
20 INTO New Mexico, and determine to establish slavery
among her institutions, what becomes OF Mr. Wallace'r
ply rather than by code Of ethics All that the South
contends for IT, that shall not be excluded by the po
cal organization in the Territories from their enjoyment
On this point every southern man is prepared to nail his
colors to the mast
One would really suppose that il seriously medi-
ted that the general government should enter the limits
OF Texas like press-gang on Tower Hill, knock Texas
down, and compel her 10 swallow dose uncomfora-
BILE 10 digest twelve millions OF dollars. II is al.
Legged thai sale of her territory would involve great
national dishonor herself Georgia sold her territory
TO the government OF the United States OF some
ftsen mions-out OF which the States OF Alabama and
Mississippi formed without any such imputed humii-
alton. plain man, under the influence OF this species
Of Quixotsm, might think that there would be far less
dscred In Texas selling her land than in leaving her
debt unpaid. We wish sovereignty purchased for
payment but that the debt should be paid with the least
u high time, sir, that should bring this long
tive TO close.
MIR. Wallace thinks il we accept Mr. Claws Adjust
men we shall acquiesce in dshonorable capulaton.
Let M zee what this Adjustment Is to be before we
make up our judgment II submit TO dish onor, we
sha have nobody to blame but ourselves for craven
cowordice Massena may have marched out OF Genoa
with his troops covered with rags and venn or in silks
perfumed with cologne, but what is that TO u.s. or TO
Hecuba am sure, II are destined 10 march
out OF the Capitol il will be with neither but with our
side arms, Hays flying and drums bea,ing,v as Mr.
Wallace says am sure IT least, my friend Mr. Wallace
will be of the most porly capves that ever
como out OF besieged cyfat and well-dressed, and
not IN Qssivs inssd within forty feet Of him Now SIR
supposs Of the South prohibited by the Wmot Pro.
the Teroriesthe property OF the people OF all
IN that nth Ia