Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1855-09-27

very intelligent gentleman asked me the
other day, show it was proposed to remove
the lien? was IT by resolution, or howp"--
and seemed 10 be under the Impression that
it was proposed to release the lien, and 10
substitute nothing in the place Of il. 9th
ers with whom have conversed, are i'm
pressed with the belief "that the State must
necessarily lose every dollar for which the
bonds of the State have been, or may here
after be issued" Now, was the first true,
Chat nothing is in lieu Of the lien, or tie
latter even q probable event, | could not be
so silly, or SO reckless, as TO yield any assent
TO it. But so far from receiving nothing in
lieu Of the State lien, the State will be am
ply secured against ultimate loss by being
placed as preferred creditor and preferred
Siockkollcr, 10 the amount of her bonds.
And then the carefully prepared bill pro-
posed cures the radical defects in our rail
roads system, as adopted in 1851. IND be
ii remembered that those defects can only be
Cared BY presenting to the Companies stch a
mendments as they may be disposed 10 ue.
cept. Their chartered rights cannot be touch.
ed without their assent. They are not requi-
red by the present charters to provide sin
king fund 10 retire The bonds of The State
when they shall fall due. By the proposed
bill they must. No Board Of Pnbic
Works." under the old system, 10 see that
the work is faithfully done, and "iirst class
roads built" Already we have herd it
SAID, time and again, "thc Yankees have con-
troll of the road Hannibal and St. Joseph, }
now, and they will build an inferior road
"any sort of road-so they get it off their
hands and get the lands the grant of
land is all they want"
Well, gentlemen, if the Yankees as they
are called, are disposed to take that course,
how can you prevent it9 You have no SUI
pervsor 10 see that the work is well done
-"frst class roads, The proposed bill
provides for such supervisors Board of
/ Public Works" There is no "Trustee"
provided for in the old bill, through whose
hands the money (upon sale of State Bonds
must pass, to see that it is faithfully nppli-
ed. The new bill proposes to remedy this
defect by providing for such Trustees
Bat 10 run the comparison through between
the yrescr' and yrop9Sef systems, would
ma . lhs communication quite too long;
and will ask the favor of You Messrs Ed
tore, and tie Editors Of all the papers in
the di,trict, TO insert he proposed bill ut
length, aud this communication, in your pa
pers, that The voter, in lhs district NAV en-
anime it, aud institute the comparison for
themselves: and whatoycr NAV b., their de-
cision, OH know ~ shall be the rule Of NV
action.
Boror, c,no,r1, o,,,v ma 70 .,,. A.. ,
booIs cor s,bso.;,,i,,, or.,oo1, 49,: .,,,
from Hannibal 70 6. To,crb. tbo ,.h,r. oan,
mupitv most ds.nlv int.rrsteI in s,o;ro, ho
road built were solicited lime and AGAIN to
take tbe stoc,, and ,bs GRANT or l,nJ ,.yb
= mud bui;. ,,'. rood h.. ,;,,, IL ,h,orr.a
thus maie, ani !he alluremen,s of "prince-
iy fortune" as it is now said, from the
magnificent grant of land" less than one
hundred Mouscpl donars Individual stock
was I'll that could be obtained-(less than
ons-thirt;.nh part of the sum necessary to
build the road) -our capitalists prer,rrine
to loan their mouev at ten per cent. in VIC.
iation OF law and good morals, rather than
risk il in this noble enterprise, The result
was, company in Boston took more than
a million stock, AMI they ask that the first
lien of the State may he removcd,* that they
may sell their own bonds in the market to
raise part of the money. And some OIL
our cniaprising citizens have said, "let them
sell the lands and raise the money"-"they
only want TO hold the lands TO make q for.