The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1850-01-24

upon wh.sh her citizens may look with prid,
and pleasure The idea which seems tu he ca.
icriaincd hy some, and those, too, ut enlarged
minds. aud large experience in matters ot po.
Icai economy, that oar debt should bc paid ac.
coriin. Ia the figures presented on a. het
without any regard 10 the value OF the ig.
ure, at the time It WAS created Ind its origin
humhly conceive, II not VA individual gain. SO
least IN a desire for moral fame winch loap-
over the boundaries prescribed 10y the ethic, oi
his ultliiaflau AGE. ! imyc said, ou another u.s..
ca~ion. that thc state is hpnud e. pay every
dollar " hicl She iu-tl5 owes aui uetihcr good
faith nor the mo.i f,siidious conception ol
mnr'lty, require. hcr 10 80 more With ius
declaration of iN opinion ol the .u9.ect before
them, the people al TtNa@ have hau1ud mc
with their confidence. hy placing mo IN the po-
stion now occnpy and regard II rs % con
currcucc. on their part IN that opinion The
oult question, iacp, l- a- to the a-crriairmcui
Of the amount which the state docs JusHg
owe and this, presume, Viii hc satisfactorily
effscd at 10y the mode which has been pursued.
In carrying il into prcticai operation, however,
| would earnestly recommend, that the mos;
liberal principles be invoked. 80 that there shall
be- ON prcteNt for charging that the state has
not done full justice to her creditors, as far A.
Der means would permit.
There exists, also, some diversity of opin-
ION ~ 10 the manner Of hquidaiing the debt,
after is amount shall have been a-ccrtaiued.
But II is believed there j. none as To the fund
from which the means must he derived for lis
payment All admit that we must look to our
land as our only resource; but the mode Of 8I,-
phing them is a subject upon which many dll-
fer After much reflection have thought that
the most practicable plan for rendering them
immediately available, Will he 10 authorize those
who hold the liabilities of the state, TO present
them to some Department Of the Government,
which shall he designated for the purpo. and
obtain land certificate, at "a given price per
acre, in sizes not less than one hundred and
sixty ucrcs. 8hch certificates the holders may
cause to Lee located on any OF the vacant lard,
OF the state, and hlaiu patents Tor the same.
II our creditors do not caunse 10 avail them
selves Of this mode Of realizing the amount Of
their respective claims, they cannot complain #
their payment B, postponed until tuch dlspo-
~ition Of the public domain can be- made a. il
rnahc the state to meet Them
The.c suggestion, are made Us the result OF
my best reflections. IT, N the collective intel
Iietute OF Your honorable body, hettcr ami
wiser plan c1u bc presented for ou honorable
liquidation ot our debt, 10 w5ll meet ms hearty
concurrence There exists throughout ihc state
% common sentiment which is most favorable io
M equitable aud lust discharge of the public
doht. and lni few are found IN the advocacy OF
b1d iH,h or equation.
In connection with Ibis subject, would also
recommend Ia the Legislature. TIM; authority
bc conferred ou the Executive To negotiate Win
tl.r General Government on some fixed basis,
a. Z a. I'll ola t.f az. tfF