Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1856-02-09

Passage o. The Deht Rill.

The passage Of the public deb, hill by the
legislature is one Of the most important mat.
tiers ever transacted bv that body. The accept
ance OF the terms proposed by the United
States Congress disposes o., settles and torev.
er wipes Out The debt. Texas stands Olsen.
thmlled from her enCagements-with 4 full
rreaSurv--a fair name--nnd II bright future
The acrion of the Legislature is just cause Of
era ulation to the country. 1t places the Lone
Star State upon high aud euviahle grounds
She mas paid her revolutionary debt. WIN,
other government has done the same : The
conditions are no, those the people nj one time
preferred aud may now prefer, yet the offer
made hr the United States, and ucQuicsed in
by the creditors generally, has been accepted,
and M one ran accuse us Of not having done
all that couli he honorably required in' tbc
premises. Ii the acceptance OF the PROPOSE
lion of The United SAFES, by Texas, attaches
discredit 10 the latter, it certainly would have
a like operation upon the former. Congress
would not propose anything they conceived we
could not accept without diShonoring ourselves.
They could NOT do 50 without mourning he
charge of dlShoncr. The adjustment is the
act Of the Unirad States, Texas and the as
senting creditors-ihey are all alike bound to
share its honor or lis 0dium. The compliance
Of Texas removes the stain OF reputation,
which, twhe,her true or talse,) Ind been coD-
pied with her name--had destroyed her credit,
and injured ,ha, oil het citizens. She can NOW
proudly, uiumphanrlyt point to the settlement
her pledges. She cnn adduce her example rs
-, .,,l,,,, a.. son,bl,,, ,ro 49,. ,,,r,tof,l
and unjnst--,hut those participating in rcvo'
lu,ions-in struggles for frcedor;l, must not
dpSpair of ultimate reward.
The prospect now opened up for Texas is
full OF promise-it is enough to gladden. the
heart of every true patriot. Now we can
star, on the career Of internal improvement
with every hope of successive ran d~cvelope
the resources of the country, and offer homes
10 The emigrant under the tnoet favorable aus
pices-an overiowing ueasury-with no debt
and light taxation. How UNNECESSARILY en-
HANGED is every anticipation we indulgcd of
future greatness. wealth and prosperity,
To the members Of the legislature voting in
the affirmative on this question, the people owe
many thanks, but they should accord to those
opposing it the need Of sincerely and honesty
of purpose. Differences Of opinion must and
will exist-they generally prove norhinS mGre
or less than an independence Of thought and
beget an independence OF action IA free people
should ever admire. They nre but a conse-
auence of the liberal institutions we enjoy.
A. the same time axe hail the settlement of the
debt question, as Il proud achievement for
Texas-lhe harbinger of better times and more
rapid advanrement-we do not call in ques.
ton the purity or the patriotism oil those TAX
ing a different view of the subject, God bless
our bright and sunny land. May our loved
Lone Slnr' never cease TO shine with rcfuI-
gen, lus;re upon a powe. inl, a rich, and a hap
py people,-State Times.