New-York daily tribune., 1854-09-14
fror avs-nforrned scvrce wiz be read with utercs,
by iiose vAo have the hcSor Of nliaos at heart:
ILLINOIS AND HFe INDEBTEDNESS

by 4 Ose TAO have the Lcsor Of nliaoie at heart:
ILLINOIS AND HEs INDEBTEDNESS
ieo.iDg -, yails To no iucensdoreb,e eKse0t thai
ihs Stale has not uP 20 Aer ability thus far, 10
lcu.dstpe AID arranging her liabilities. We 70 no.
ragfsks ID lis feeling, q; tho erRe i.ne we believe
that she bas committed several soToas errors IN her
tr,iS wort efforts release Eerci from the hsi OF
sefsu,firg states. We have alwcss believed that
absolute IN .5li,y-nothng ese-was TIC cause Of her
.peusol 'n Goa iho ssaea deprsso1 Aat pceaaisss
,uiarsssnc .hu Trssahug enc .usereN sueaen rrdSc'
OF hr bass Bes3dss Ills Nhen reect Hst ess poPa's
taw vs. sFaosae up pne paY OF 'ei'ier, .essias
labor who lsqa,scd every ulcr Al eonm Nd X ses
country. supply hemssis with tae neos-Ssie Q, ss
esunot be sur that she compelled % sspeud psy-
hu lei coOnnd 20 Der scdt maj al eeu "a iha'
forced rosone her eIssio' soe never .alasd re
sfs Ia asa "a her creditors 20 receive Interest aoad
rulnns Ten yca tsout atert She not oay ssked isem
10 0e the Of the interest hsc accrued 70 that ne
but tUrher sstd them bond the aea0I hus
due unpaid hh bond 20 bear Interest for
yeaTs How wog such proposal egaIiei
nndoubiei resources although tesposry eiubsua.sdi
Ia oPtnon, would % much an set u justice heoet
10 her we've she how 10 tuna the ek Interest by
t-uDs boues leaus Interest II igsice honor, state
sUks, % he couaiy should
be glad to know what isO knOw what psndPis she stand.
uton an FUIsfif z a diier.bt course.
70 ne Ts9mnt OF PTias a whis sBe as ,es dsi'as1 IN
rsy Tue views of her pesent Governor
.sDsibe ard uahia lie ssya " P}ncse . justice sa
"eusS We think the Governor wood k.ve perfected the
ss9nes hss n sr SSs 20 aSSSn s, ga % PIE ., jee
m that the people Of the State VIII respond 10 the views and
reou daoLs Of Gov. Maesou and correct The spphe.-
lion OF the 'vo mil tax manner beneficial 10 ths State.
AZ q lust 60 her coeioIs
have been highly Ersfed in ookIs over The Messages
Msttssu lie exhibits psatiesi and eomPsseeasse
ard t T,commsndson tNnoe that b. has the best Ia
re,rs Of sssets based, principally urea
T which rrpsss fhst he : ate dsbt " ID be reduced
over $4,000 on the ds1 day Of January, 1885, And
sumftisns D, which s shown iha. the STATE deb VIII be
wired ,ut ,t,y m 1854 end uIon assumptions aud es
the treasury OF ovtr $4,000 In his subsequent
Us5i he pcs,uis another s'aenoni' and rers 10 IL a.
The above statement shows hs about slcco go Of ,ls
pi the deb Of the S.oe has been gad bes1s enoeb
10 balance the interest accuns tie pat year ths
whole debt In ny ss' wfs,A,e u te Lessaafo al te
would he paid n eleven years tom that unoi poEded cue
resent taxation continued or a purpose and the
p,sse OF taxable pr petty should conuue 10 D. u per
esb wear a. he'd been Tor the four previous aod that
tle ass,of thf State in lands should yield ssad hays
rsf eeut o. Wa 1852 in the aNabe property Of the state
n l. an four tAs per sud instead OF the land
bnsiDg only the anticipated they have sod
brought very large advance upon the pe then nNed show
ina clearly the calculations then made will be more than
reazd change In revenue system made to lesssn
M Issse fact. snd item. before US think just.
fed believing that Illinois las been earnest apd prom pc 70
her eaOrs teueye her credit and ex sah her indebted
ness We think equally plain that she haseOmnsd errors
son which have referred TO- which errors require iu-
n rdate IN justice herself aud her ereltors
From the showing ade by Gov. Mattesoa (which esPen-
pce thu. Tar than sthes cannot understand Why
The psxt L. sature SHOULD not provide FILL payment OF in
forthwith by such step. Illinois securities would be
she could then o0k back with at
dons pnde sud satisfaction TO her course m promP
u,tce 20 her creditors aye justice 10 herself Her pes,
have ony dTs her securities although We are not
ready 10 eve such the intention Al all events
The ne IT L. sature msht say authorize additional bank
Issues hased State securities They would thus az least,
yucs home confidence and assurance tAa the repressn
ations Of Gov Maesou put forth IN good faith that
they fully justified BY The present wealth. resources and
undoubted prospects Of the State
The Slipping List publishes this morning its usual
annual table of the Cotton crop shipments stock &C.,
which we annex The crop it viii be seen is in round
numbers three millions bales. Both the export and
home consumption show decrease;