The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1855-01-27

Az s0ort {, glssiss IN the V. 't to bh"s
ahosts change OF the Constitution. VIII
we y 10 enable ths State 10 engage IN ."
extended sysssm Of inssrnsl improvements
TIE argument 70. that ~ attempt to
soi.i railroad. 10 1sss ~ Incorporating
companiss lot that purposs hss proved =
failsrr, and that II Il werc even sueee''in',
.uch improvements would coat noch more
than for the State to max. them.
The srcumcn, a, fret view looks plsu'''
BE. ard To give il greater force. ies'snces
Are adiured OF States which have adopted
thu. policy with entire .ueeess.
Bnt i, is overlooked that the States 70
i.rted -. were not. l'ae Texas, governed ~
tj4er.jty of Interests With them, the'.
was . ,esdleg lnc ofpoliey, embracing hu,
few public works, aud these were alise
Lensfcisl to every section. |. Is mol so IN
frras 1he Wes, has one line of policy,
the Fast another, while Ne northern AVID
southern pofilon. Of the Slate have their,
tho number Of railroad charters granted by
the State within the la, three ,ear. e. EN-
brscing Over ,hree thousand miles % mad,
aud the construction Of which would cost
over $50 nO0 O0O--are sBflicient to assure
ms that nothing practicable can he e,p"eied
from engaging the State in these works
Dn the contrary. we hSse every rea.on To
nppfeheud DISASTROUS consequences rom
such courss.
The truth Is. ha, the efFor, 10 change ths
constitution hs, other objects IN view, the
design NJ which is 10 alter our cn'irc poll
CIV. The State is expected not only To en-
gage largely in works Of internal improve
ments. with The resdy means which she
may have ut command. but to borrow mon
ey on the si'h Of het land.
Be, brror. she can borrow. say these
sasan., she must pay up her debt Mt it,
face value The hue and cry is already
raised shout the deplorahle sta'e 81 onr
credit abroad aud nhhhpf Of The ives,
tern Journals, without attempting Ia show
tina, the scaling polio, j. unln.', are nfdu'
cling Argument. in faver OF paving our
creditor. according to their demands.
The s,a'e unse engaged in cs''svagati
Il. .--eft
likely TO follow IN. State hsuks upou
TIA prospective wealth Individual cspinl
mn-t be- placed Ia the same chnnncl, aud in
short period, We will haze mn inflated
~rrfencY. IN crerns s't-'e debt, ard &
financial crisis such r. they have now in the
Northern aud Western States.
The history Of every State demonstrates
the fact that crea, caution IL necessary ~
altering n constitution. Louisiana furnish
- an example 10 point Within the last
eigh, years tho people of tina, State have
twice remodled their constitution, nj = cost
oil something near s2000o0 Would 1t
not be better for u.s. instead Of making mn
entire change such ~ was done 10 that
State. to commence with ous subject Mt q
tine a'sY \ lsiEls d isa S+lsss's ard p as
ing To mother. iIy ,hi. means we would
mold the cost and tho trouble which our
neigl'bors have experienced. Their policy
has morigsged the agricultural interest to
the moaied capital Of The ciues; 1t ha.
built them up splendid city dependent
abroad FOR capital snd has gigen them
system OF laws, which, instead Of Iryhirg
emigration. drives it FROM the State.
Let Us be wise in time aud not pursue
shadows fer renli'y Oar sources of wealth
will be realized IN time, and 10 their full
ffui,ion.