The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1855-06-16
Ger rublle Debt

extract.
"Ihcrc are many distinguished aud in
,l,...ri men who believe ihat the whole
d.Li should hc paid. II ia at any rate a
deLst-sble question. and viii admit Of plan
gile atgameui for. Us well as against. We
can determine the amount to be paid but
ve cannot determine the verdict which
others vHI pass upon our action nat
ro,, 90 the forum Of public opinion, and
that public oplaion has been expressed
AGAINST US These 'nnds were advanced to
Texas in the darkest hour o. her revolution
ary struggle The investmeh: was a ven'
ture that iew prudent capitalists would have
made The chances were 81, agalns, those
who advanced the money They were
made toe. most OF them, at critical periods.
" thou, them. the revolution must have
failed. for they furnished the shows Of war
hy winch the struggle was conducted to
triumphant termination The result was,
that leyas acquired the most magnificent
aul -, iuatls public domain ia tie world
IN thf respect. she /. lncoWpafahls the
uebe,l Stale in the lG|on Considering
tt,u 90. desperate hazard these men ran 30
iuuiar these fund, to l,Na. when thr
probabilities "cfo iha, }ac whole would
Do, just and the immense estate which
Issas bias acquired. maitlg through the
fundamentally of these funds, It may very
p.aus.al, be- afguad that on extraordinary
rrufu should be- measured hy ihe ordinary
rates OF .peenlaious uder such cfcum
stances. Vlfh toe verdict Of the world
against MS. and cos.ijetiug the crushing
tH,rl which upi }eIdiCt uuht have on our
credit and standing. wr advocate the policy
of paving tho v hole debt, thereby redeem,
rrr oar character and credit aud placing
our state in p position to Envelope her re-
SOURCES and pursue her course to prosperity
mud advancement uuimpcdcd
Its possible that there are distinguish.
cd mcn who houeyo flat wc ought to rsy
toe debit 1T ITS face value. bat If there are
ans such. who have given the subject due
consideration, and have expressed such
conviction. $50 do not know them nor
Is Il tme. rs the editor asserts. that " those
funds were advanced to leyas iu the datk~
est hour oi tine revolutionary struggle or
that ,he Investment was venture We
came out Of the war Of the revolution
owing only about n million or million
aud hn'f OF dollars The balance of the
debt about eleven millions OF dollars --
was incurred Afterwards Tho manner in
which J., w1s creattd. and Toe responsible
ties we are under to pay II. our contemporary
sill dud fully set forth IN the speech Of
G,u. Houston. which ll we mistake not he
Published with approval Tho editor says
lhrfe arc two ,ides to this question. We
have only 10 say, Il Gen. lloustons speech
has ever been answered, either by the credit
ors Of their attorneys. we have not seen IT,
Docs our contemporary mean to affirm, that
brcaaaoo1r craditors by systematic course
OF representation. tfadncuon, and abuse
haYe set 'ho public mind against US, tina.
therefore We should pay 'hou. moro than
tlcy are entitled tor Docs such course
cutltlc them To- premium OF several million
OF dollars
Much Is esi about the credit Of Texas
Vlltla p,yr,,ot ,la,,os which ,va h,ve
decafrd to be unjust, and which we have
discoun'enanc"d TN foars, simply because
we Aehh'"''"E' "''' VIZ u"'e "''n e'efce"
into the measure. give the world a very
XII. o,.,,io,' ,.i,ho, ~ orr g,....s n, i,,o,.
n.yf Ia our opinion Texa. does not want
any credit She ought not. as State to
borrow mouey q she could. Her citizens
have sufficient credit abroad, and are likely
to have as much as they want.
o..-r i'm,
"Rnu S"I - S'"S "''' P'''en through
THIS place. to" weeks ago, IN charge o.
Cant. Il. f. Crump. who sent them to VI d
rct., rso of Henderson Lv whom ,bov
....u'. m, III
"''' ''' '"''
ufen oi poor woman VINO was mahlhg
her way to her parents IA kusk county,
but was taken with cholera on the boat.
comi,o mn Rod Riyer and died Alas
L.l l'...,,,.,...., ;u .,.,,;o., p..L.a
,.-.f,,.... t'.,', -,
w. S'o ""''' ""'' ''"'' "''s'" P'uny'ess
Mrs rmoline Graham tina dap,b,ar of
.rp.t.
"'t"ou' "''"'S' VT trump an" tue pass
senges OF The boat raised sbo Tor the chll>
1 & 4 4 Il.