Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1851-05-22

them filed as prescribed by law, and returned to the
central Office be compiled for the information oil the
people OF the State Thus could be asceItained the
number OF OF land under cultivation; the quantity
OF cereal grain and other crops produeed the number
Of horses CATTLE hogs, sheep &C. the number OF mills
and manufactures, the Of capital and value OF
machinery employed therein and the aggregate annual
products especially in breadstus statistics Of the
important branches of mechanical labor, OF the extent
and progress Of railroads, plank roads, canals &C. with
their cost and income per mile.
There is question, that the laboring men of the
country have in, than the Of indebted
ness.
They have right to know and should be thoroughly
advised OF the amount of debts created by the State
countless or corporations the amount oil discount upon
every million borrowed for this that enterprise and the
rate Of interest.
1t is equally important ;at this information should
be known by people, is to be advised oil the ex-
Penses OF our government.
IL is said by distinguished writer that seventenths
of the British people in the constant practice Of
tcpating their This habit Of mourning large
debts, which is at war always, with true independence
OF charseter and happiness, we have borrowed from
that people, and unless stop this of folly mad
ness and unwise legislation shall place govern
ment and people In the same situation 1t IS estimated
by those who have examined the subject that the debts
contracting and called for within the States of In
diana and Illinois will forty millions. And
that the amount in the eight States Of Georgia. Virginia
Missouri, Illinois, Indiana, Michigan Ohio, and Penn
What is to be the effect of this of running in
debt by millions, though il is caused by counties, cities
corporations? Who will suffer when the crisis comes
Not the Spectator and capitalist 1t will be the labor
ing population. In all expansions of credit when the
tide high the price Of labor is the last 90 up
but when the crash comes the very first 10 fall Specu
laors not very fond of uniformity in business. They
want connections, expansions, and comple2ity. The
interest of the aborng man is alone consulted, by
guar and uniform system, without the ups and downs
incident to the extension of credit whether it be
ated by the government, counties, corporations.
Having resided in Indiana, for than third Of
century, during which time have mingled much with
my eowcitzens in various pursuits of life, have long
since to the conclusion, from geographical pO
son the character OF SOIL the elements OF wealth
have in midst, that should change and diver
i sfy pursuits.
! From the best data, have been able to obtain, WE
annually expanding abroad nine millions of dol
/ lars
The interest upon cur State debt, 325 900 OF
Interest upon railroad bonds, cor
pOratiOn stock and bank bonds, 800 900 OC
Total amount Of goods, wares,
chandse and groceries, purchased
out of the State estimated at 5000 900 OF
or this sum, our proportion Of the ex-
penses of the National Government
estimated at forty Millions
pay at least two millions, $500 600 OF
Here is near nine millions, paid abroad by the people
of Indiana. Nine dollars OF every of this
is paid by the productions of SOIL This amount i
continually increasing, and farms gradually mpover
shing. We are in fact, pushing our rich SOIL wiihou
the necessary nlO nation and system, not outstanding
our resources but meeting this large amount by regu
lar drain upon fields prairies, and plains This mus
he changed if we would preserve credit, and con
tinue prosperous and happy people We must Pur
chase less abroad, make at home, cultivate sol
with a view sustain and improve it, change PORTO
of our labor, and diversity more pursuits.
II is true that Of the eight millions purchased by on
people abroad than twothrds of the amount is til
labor and productions Of sister States for whio
pay nothing towards the support of the General Govern
ment, but the profit which, alone to the State
where the articles manufactured or made
In these articles alone, have it in power to gradu
ally reduce the amount purchased every year. ncreas
in the making and manufacturing the same until we sha
be able sell abroad, and thereby meet portion Of tn
demands against u.s. and reduce the drain upon sol
1t would be far wiser and better, to look at hom
and less abroad
BY thus dversifying pursuits, the producer G.:
changing his commodities, his door, with the mechar
Ic and manufacturer, placing them side by side, Wi
not only develop our resources, but will reward la
bor make IT more attractive and carry the principle
so earnestly recommended by Mr.. Jefferson.
But it is said that we cannot engage in manufacturing
and be sustained without special legislation; that W
cannot compete with those abroad.
We surely sustain ourselves with sister States
our advantages at least equal, and think great
superior to the most of them. very large proporo
OF the articles used by US, he labor and skill Of hos
OF other States
The idea of Incorporating upon institutions tn
principle that have the labor skill and materials
10 compete Win Otner nat0nS-tlat we must nave
ca and exclusive legislation sustain this that bus
, ness. is radically lrrong.
We exhibit what other nation the face of tn
globe cam the iron FORGE the sugar-house the cotton
gin; consequently every variety of climate and soil
brave and hardy a people, the OF Heaven eve
shone on, and if cut of from every other nation W
have within ourselves all the elements of perfect indie
pendence.
No business combining labor and capital, should d.
pend for its success, upon the avors of government
The great interests of agriculture manufactures
commerce. should be left free under equal laws and
one interest promoted at the expense OF the other.
But we have right to demand of those who u.
that in making laws the entire legislation of the
try shall not be directed capital but something sha
I be done to encourage labor.
We have right to insist that the scientific and con
petent shall explore hills and Valleys that the tru
elements of wealth shall be known and published
that thereby capital and labor may be successfully inv
ted among
We have the further right, to urge that those WI
govern us, shall take prompt and efficient steps to pu
ish annually, the full statistical statements by
officers of the progress making in every branch
+ industry--our rpus-interest pal
abroad manufactures-ma improvements
word the details Of the labor and capital Of the Sta
should he known by every citizen.
1t has been justly said, that the great leading
ecs Of human pursuit. agriculture and mechanism
In these comprehended the wealth of the country
their prosperity is that of the whole country Each
tvator of the SOIL must be made thoroughly acquant,
with the character and capabilities Of his fields and
classes familiar with the natural wealth with which Il
country is blessed.
We have too long regarded the representative alon
as the wise man. who devises the best system OF fnan
carry forward great enterprises, by borrowing mi
lions. Suppose we change these siimuants of legsl
ton from that of capital that of labor, and regal
him as the wise man who devises a system that W