Mineral Point tribune. [volume] (Mineral Point, Wis.) 1854-1858, 1858-12-07
State Assumption Meeting.

At an adjourned meeting OF Tue CHI
zenS of different parts of the State, held at
the Newhall House, on the lst inst. The
Presiden:, VIM. 9. Allen, OF Nalworth.
called the meeting 10 order.
The Secretary being absent, on motion
John S. Rockwell was appointed Secreta-
~.
l.. W. Weeks, from the committee ap-
pointed at the former meeting, reported
The following Resolutions
Resoluod That the public debts Of the cities,
towns and counties, and farm morigagors. in
CURED IN behalf OF the various Railroads of tl.
State whether issued with sufficient legal
thority not, ought To lie paid that the with
erlng blight OF Reputation must never darken
the far name OF Wisconsin that owe ii TO
ourselves and our children to see 10 it that 40
such lniamN he written IN our history.
RcSoiucd, That, in our opinion. it IS imposSi-
bic tor the cities, towns and counties. and farm
mort gagors, nj the present time. to meet these
liabilities unexpectedly precipitated upon them
and ~ tins emergency they have alierna-
tive but TO appeal To the State at large as the
only power able TO Interfere and protect them
from dshonor.
Reso!,ed. That we have full faith that the
People OF the State, when made fully zcouaini-
eG with the emergencies that upon u for IL
abilities incurred for the common benefit, will
not hesitate Ia authorize such InIerpositlon Of
the Stat" credit - will enable these farm mort
gagors, cities, towns and counties. to preserve
their credit and liqHidate their liabilities gradu-
ally, and in such manner as 10 avert the ruin
that now threatens them.
Resoired That this Is in M sense q political
question, and ought not IN apy way 10 be treat
ed such by the Press OF the State bnt fath
question Of public policy whether State
interference at the present time NAV not only
avert threatened calam ties OF the most alarming
q he ct
action from the present depression and Thus IN
fuse new life and hope among our people there
by adding millions To the wealth IF this State
by the onward progress that would be sure To
follow such return Of credit
RoSolgcd. That memorial ia the Legislature
be circulated among The people for signatures.
asking that measures be taken 10 submit such
alterations in tie Constitution rs are necessary
To enable the State to grant such relief as NAV
be deemed just and proper.
Mr.. Grant moved TO strike out all but
the last resolution. which, after consider
able discussion, was lost
On motion of Mr.. A Z. Ray, the res
buttons were then unanimously adopted
l.. w. Weeks, from the same commit
tee, then presented the following memo
rial:
MEMORIAL.
To the Senate and 4 sse,n5iy Of the State Of His
cousin, IN legislature assembled
The memorial of lie Undersigned. citizens Of
! Wisconsin, would respectfully represent thar in
/ wears past many of the citizens If tie State
have been udUced 10 murfga p. heir homeS cad :
ia aid Of the various Railroad. then con,truc' III 2
/ and IN like manner may OF The cities. towns
and counties have III pursuance Of various laws
/ of the State, issued municipal bonds and loaned
I the same 10 these Reads, they undertaking to
/ protect and paw the interest aecruing on the
f l.-sy
were moved thereto by the pressing necessity
I for these Improvements, 50 Important aud indiS-
penSable for the development OF the resources OF
! the State. and from The inability Of these great
enterprises 10 make progress without such aid
/ and especially a. the Sta-e could not render as
! sIstance on account OF Constitutional prohib
tons.
I And further, your memoralists would res
nec;fuliv represent that rcpOSing foil faith that
said Roads would be able 10 protect and pay in
I pursuance OF their agreements. the interest ac-
] cruing on sud mortgages and bonds. they have
heen issued IN amounts vastly besana H.. .,fII-
ltv of the people 10 make good, should it be re-
0uired ot them Immediately, as 1t Is apparent il
must be, from the financial condition of the
Roads, resulting from the depression Of bushes.
. and partial taiiuru of the crops.
In such event voHr meWarl1lists desire te
/ make appeal To tie CoinmonW calh at large, VIII,
have roaped the benefits resulting from these
great Improvements equally with the indvidu-
ais and municipalities VII" TerIied their homes
and faith in their Construction.
Your memoriaii>ts further represent that
Without assistance from the Common wealth. by
the in'erposltion of the State credit IL to re-
dUCe the high rate OF interest row accrulur. and
afford time for The ultimate REDEMPTION III heSt
debts. there is believed To be 10 escape from the
disgrace and dishouor # practical Reputation
Without such aid, il must result IS an ineyIta-
Die uecessitv
Your n.emorialsts therefore pray that The
necessary measures be taken % Submit to the
people Of lie State such alterations IN the Con
sr'I"iIon as VIII permit the de- red relief should
hey IN their wisdom deem ii proper and expe-
denf and your memoiaii9ls, as III duty
bound. viii ever pray.
On motion of Mr.. Mark, The memorial
was unanimously adopt j.
On motion OF MI II. 5. Durand, the
following resolution Vas addicted:
ReSo!ucd, That a committee Of seven be ap-
pointed by this meeting, of gentlemen not con
uec,ei with the management Of any railroad
for The purpose Of maturing a plan lur carving
ont the object under consideration. and that sac
conmH tee report at future meeting to be helc
at carly day.
On motion of Mr. Mark. il was voted
tfat the newspapers of the State be re-
qoestcd to publish the proceedings Of til:
meeting.
On motion of StodJard judd il was or.
derrd that an Executive Committee be ap.
pointed 10y the Chair.
The Chair appointed the following gen
aemen said Committee:
l.. ". Weeks, W 4. Prentiss,
Cicero Comstook, Marshal NJ. Strong
J. g. Inbush, J. \. Bingham,
D. y. J. Upham.
On motion IL was ordered the ppptle.