The mountain sentinel. [volume] (Ebensburg, Pa.) 1844-1853, 1851-01-16
VOL. NO. IA.

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of construction TO the navigabIe waters
The West, the thorough repair Of the
Cumberland Valley road. and the erection
of various lines of Railway i'm the valley
of the SusquehanHa, must throw an anne
of trade on the Columbia Railroad which
will demand for lis transit the entire capa-
city of that thoroughfare in a condition of
perfect repair. Every avenue bv which
the trade of the West. as well as of Cen
tral and Northern Pennsy lvania reaches
Philadelphia, ought TO be opened and kept
in such perfect condition as TO afford all
possible facility to business, for in the
growth and welfare Of Philadelphia, the
entire people should feel lively interest,
as identical with the prosperity of the
whole State. Whilst the internal trade ia
poured into our metropolis, and her local
I authorities are doing their part 10 promote
her commerce. ii is our duty 10 demand
from The General government some portion
of It's resources for the security and I'M
provement Of The harbor of The Delaware.
Improvement of the navigable rivers and
protection OF the harborS of the Ocean and
lakes ought to be no longer delaYed.
In this connexion | deem IL my duty to
call your attention 10 the pending litiga-
ton In relation TO the bridge over the Ohio
river al Wheeling, erected under the au-
thority OF Virginia, which, il is confident
iy asserted, puts in jeopardy large COM
mercai interests. Ii has been my care 10
watch the progress of the controversy. and
TO direct The proper law officer of tho
Commonwealth, associated with the other
distinguished gentlemen who professional
ly represent the State. 10 protect these IN
terests before the Judicial tribunal which
has cognizaHce of the case under the Con
sutuuOn.
in the various railway projects now
severaliy terminating in PhiladeIpha, liar-
rlsburg and Piusburg, the people of the
Commonwealth ought never TO loose sight
OF that other great entel prise which,
known as the Sunbury and Erie railroad.
was meant to connect the Susquehanna,
the Delaware and the Lakes. Besides
the command of the trade of The Northern
Seas secured by its construction, it would
bring into market for sale and settlement
vast bodies of untenanted and unImproved
lands, and deVelope treasures orinexhaus-
uble mineral wealth now wholly inacces-
sible.
The large Indebtedness of the State and
policy on her part of embarking in these
various Improvements.
The debt of the Commonwealth was
incurred in the erection OF works which
were largely conducive 10 the settlement
and sale of the domain of the United
States, and while she has secured no part
of this common inheritance, other States
have been literally aided in the construc-
ton of their internal Improvements by
donations of public lands 1t is right
on her part TO demand portion of these
lands TO aid in the completion of the i'm
portant works partially completed and IN
contemplation.
system of banking, based upon State
/ stocks, under proper restrictions. is recon-
mended TO The attention of the Legislature.
Ii is thought that The present banking fa-
cilItIes are unequal TO The wants of the bu-
siness community. The large amount of
notes of banks of other States found in
] circulation among our people, the inabIiI-
~ of The banks, with safety To their cred
It, to- accommodate at all times the active
bona fide business demands of the Conntry
and The large operations III the nature OF
private banking daily transacted on severe
terms to the borrower. demonstrate that
increased facilities are demanded 10 secure
a healthy development of our resources.
ANY considerable extension of the present
system is hardly TO be anticipated. nor is
il desirable, If a more permanent basis for
such operations can be devised. Free
banking upon deposite and pledge of
public stocks early recommended itself tn
favor. Ii IS not liable 10 sudden expan-
sIons and conlracnons, Is more secure from
failure, less obnoxious To counterieling
and fraud, and offers und0ubted security
TO the note holder. Should the stock re-
CURED be the loans of the Commonwealth
ii would appreciate their value, ahd also
have a tendency To Withdraw them rom
foreign countries, 10 which are annually sent
millions Of the public money to pay inter-
est. A recall of these stocks, aAd The dis
charge of The interest 10 the resident citi-
zers. would lead 10 the expenditure OF an
equal amount al home. thereby aiioFdns
employment to the people ia the improve
ments of the State, in Inc erection Of IN
dusirial institutions, and in various works
I of beauty aud taste. Ii This system is
favorably regarded. relinquishmenl OF a
portion of the interest on the stocks p!edg-
ed would be directly advantageous 10 The
Treasury.
The confidence feltin their security, and
the desire to use the relief notes, when
: KEEP, in good condition, justify the belief