The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1853-02-19

~ Iuo11s -
~ hlsuasd sslghbw 4 IT, JseIssss
llssoA ~ q astels II - lsss 'sess ~
10 ssAjsss u ~ psb''s 49,. y which
| ~ s1sns sesess. y Bsbstanes. that a~sr "'a'
me vvo,ssiss, y b eonvi~erd thas every
es~ssdsrssioa Of policy, jsstics. and good
f.iah, g.ssiv hist Tesss shosld disehssss
hsr rsbl.e debs q .hs face valsssion. The
article n qsssAIon approvss shs proposition
introduced into the Legislature by senator
Grimes. proposing 10 pay the residue Of the
p.llie dshs, over the scaled valse, ~ sscsr-
tanned BY III Auditor and Comptroller, In
land Al fry cents an acre.
The editor asserts that the qaession has
bsen hitherto presented in false light lie
savs that the creditors Of Texas have bee"
characterised A. wolves uod vultures, md
held up 10 public repfohation by second
rate politicians. when II the question was
rightly understood those men are entitled
10 The graiitsds and kindly regard Of the
people and government Of Texas fos-hAv
ing rendered W. assistance when we could
be- AZ, achieved our Independence with
GA, ~ ID aid. The editor continues;
hoy have been brow.bes'. scsndslised.
aud rhn I'D snspsriugly. with ssI kinds Of
ev, dls and for what! Fotsooth. he~
rspss zen 1eaas was = mere speck.
/ .prretf visible above the horizon "f M
tiossli, they came forward with true matt
lines. f with noble self sacri6ci"g hb~r-
sl,y. nln arksd their mea"s in . doubtful
suerglc to aM the infant Kspublic u the
west 10 isive bark fom her smiling plains
he ,Iaiea countless myrmidous Of tyranny
-hr.. au, they icd and clothed her heroic
solcsers and furnished arms and munitions
~ .es 10 defend the home Of their wives
sno lighters from violence and outs
plf
"ll Urged in JUSTIFICATION OF tho sea
ling stem. that those claims have passed
oui ., 10 hands Of the original holders,
and heco'ns the property Of specalstors.
Iia, thus 10 not the case for although some
II he editors have been compelled to coll
suo NO gage their claims, At IN imnsnss
eserdos 70 themselves. many Of these are
still bold ~ Of tho original liabilities and
even n! !. b. True entirely. Il furnishes no
reason lot scaling the dsb,s Men specu-
late every day. and amass large fortunes,
by taking advantage Of the wants and ne
cs-s.siea OF their tcilowsj and for all We
can dss0ver are more honorsd AZ, re-
ci Aa heir lees ent~rpsisine ns'gl,bon
sci .f' content to pursue the oia leasra
fsrA a. s. f..p I.e.t .re41 if ths sNeH' lI
tsvr b
Thee Io. Mcr .-sr Cor. Matlas,e
sro rases whore goods were furnished TO
Trl . cash prices, and that such debts
hage also been subject to the sealing pro
co.. 'hst much had heen sAid about fur
nisaag lief to these parties; yet when the
que.uaa vas submitted to the Legislature,
Sc a sas IN Quo or two instances. their
ella ere disregarded.
aavs We stated fairly the position
o. Ger temporary. We fully agree with
hir that the subject Of our public deb, is
ces ,hs should be fully discussed and under
stood. md while we dissent from the con-
-osous to which he has arrived, We fully
appreciate the manlincss Of his course.
u ". thought tho public debt should be
"a IL r. Al. Il Il
cav 10 without hesitation, aud should sus,
tain our views with ~ much zeal as any
who entertain that opinion. Blu, in no event
could W. think Of regarding fmvorably,
such . proposition ~ that entertained 10y
Senator Grimea II thess claims against
Texss should be paid 10 tho full amount
10 II rot exceedingly unjust for US to pro
pose to liquidate one half Of them by pay
ing lands which are not salsablc al any
prics. sud which II forced into market
would not produce oue-ha!f Of tho sum
which we demand from our creditorsi Nore
than this, we should regard the passage OF
srch bill through our Legislature, ~ dis
graceful to tho State. It would be tzc't
admission TINT the claims were just TO their
full amount, but that our people were too
mean to rny them in an honest manner
Aside from this il would he bad policy.
Tens will realize more by holding on to her
public domain for = few yesrs, until her public
improvements are completed. than to sell
them At this time. There 10 smother cons
sideration. too. that should not he forgotten
II GU, Legislative history teaches us soy>
thing more than another, il Is tho folly OF
disposing Of our public domain in large
quantities. to companies or individuals.
Our colony contracts, for instance. were
deemed ii tho time they were created. wise
aud prudent measures Of policy; We. they
have been fruitful in public and private
injury, and have retarded the worry purposes
which they were intended to promote.
Hut We Dissent entirely from the visws
r. 1.