Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1856-05-19
ra cauuIspoNnINrs.
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The Examiner, n few days since, had pretty
tart paragraph ON those financial scavengcrs, the
Brokers Of Wall street-charging them, among other
things, with putting their long heads together to dc,
prcciat the credit of this venerable debtoppressed
AMI tax ridden commonwealth. The Examiner is
altogether as indignant patriotic Vrginian should
be- aud it undertakes TO vndicate the ability of the
State to meet all its obligations, past present and to
come We shall not contest this point at present.
nor presume to define the criminality of the Wall
street vutures To traffic in stocks is their
ton; and if the credit of the commonwealth is SO
feeble-so near unto state Of putrescence-aS To
be mistaken for garbage, it is their privilege, We
SUPPOSE, TO exercise their beaks upon 1t.
At any rate. We are not so much disposed TO in
dignaticn as our neighbor; for we have pretty de
cided conviction that nothing but the depreciation of
her stock can the State Of Virginia from bank
ruptcy aud protect her industrial classes from in
tolerable taxation.
The Debt has increased and is increasing, and the
taxes have been doubled to meet past obligations
But nobody is responsible for the debt the taxes
They Just came so, of their own accord But the
same invisible, intangible and potent nobody, who
created the present debt and taxes, is still alive and
kicking aud as eager to double the one and
the other. That is the alarming feature of the at
fair Nobody is responsible! In the present state
Of narties the public burdens may be indefinitely
AUGMENTED and you can't put your finger upon any
body who did it. The Democracy didn't do IT.
Oh no-they are innocent the newborn babe
The Wings couldn't do it-ior they are and have
been for years in small minority. But there are now
demands pressing ready TO be pressed whenever
money can he raised on State bonds, from 90 to 100
millions ofdoars for the construction of innumerabe
roads which, if completed Tomorrow, 50 far from
having any revenue. would be dead weight on the
nublic treasury In fact they would not be able To
keen I'D their rolling stock without the ad of taxes
ON the people Well Mr. Responsible Nobody
stands ready now as in the past to say yes To all
coners and to scatter appropriations with an un-
sparing hand, il he can only borrow the money ON
the bonds Of the people Therefore, while this ON
nipotent Nobody bears sway it is the true interest
of the people of Virginia that their bonds should be
in such bad repuie that money can be raised upon
them.
While. then, the Wall street vultures render
ing unnIentional favor to the poor taxpayers ct
Virginia lev drprecating their bonds not dis
posed 10 join ia venomnus outcry against them
On the contrary We are inclined To return kindness
for kindness. Therefore, will say to them un-
al there Is visible party in control of affairs in
Nirnia-whch is not.a afraid Ia responsible
IL for all legislation which has the Sasacty TO dis
crminate between good aud bad improvements, aud
la, eroush moral courage to say Ho to those that
worthless -tLey LLl better ight sAy ef Tirg..
Hii r,actt A. give no assurance that such
party Is likely to arise 1t early day not before
the present bad has become great deal worse
they cannot be tpo shy Of Virginia securities. II
they ever pat them up y par they anI We tax-pa
err viii b. involved in one common ruin.