Red Wing sentinel., 1859-08-06

~ "An'hesot4 were accepted. AS for the
evils which have resulted, they can be as
cribed 70 no party MEASURE whatever, and
are much magnifed. We have known :oi
no person whoever, that has lost anything
by it, and the bills are now out Of circula.
tion, and in the hands Of the parties who
issued them. lE 1'aTnt lt& iE'aa.. /,
Tho next charge Is that the Democratic
party have practiced gloss abuses, and viola.
ted that clause Of our constitution which
extends the elective franchise to Indians
who have adopted he habits of white men
This Is entirely baseless and false. - :. ~:
II winds Up with the following vague,
|sslfcontradictory and hypocritical resolution
upon. the subject of the State Railroad
Bonds: sd7 nj asn2.G loog gli .n;
Resolved filth, That however mon may
have originally differed upon the adoption
Of the Five Million Loan policy, We al unite
fin determination to preserve the plighted
faith of the State from the stain Of kepudia-
ton. by meeting al our Obligations to the
entire extent Of our honest Indebtedness |;
that in regard to the question Of the taxa
ton Of the people to psy the interest on the
State Railroad Bonds, we hold that the
Constitutional Amendment itself points out
the moie by which that interest shall be
met tharwo will faithfully carry out and
ABIDE. by that amendment, and shall hold
the Railroad Companies to .; 3 rict compli-
ance Herewith and that we shall oppuse
all further legislation upon the subject until
default and forfeiture shalt have been made
IN the part Of the Oonp4hies.
This scascely touches ths issue now pre-.
sented to the people. :.The faith and. credit
Of this State" '' for the payment Of the in
terest and the redemption Of the principal.
Of the State Railroad Bonds, wss pledged
liz the Con,titutional Amendment spoken of
The Ra,lroad Companies have, .s yet made
no default Or tq forfeiture upon these bonds.
lndeed, the great bulk Of them are stiil ,un:
der their control. in consequence Of. their
being unable to find : market for thsm.-
And for which reason, the work ON tho coGds
is attpresens discontinued. is The question
is, shall we lid the Companies ~ providing
for ! tax to meet the interest, in case The
Railroad shall make deiault- recording 10
|agreenen,-or shall we il effect, ,repodiate
our Obligations, bros the railroads TO- iail
entirely. and allew the la,'ds IA, rsvsrt "a
Government ?f.: ,aaii 9sit 30 ;'ts8T4uel3
There is no middle ooarss, or " cannot.
|lsea'iy nor justly, ii case the Railroad Com
panies do make dehult. take possession d
Of their roads and bonds, aud prov provide e,
their, construction il, any other manper-
without frst paying Up the bonds-iater,s,,
and principal--whioh havs already bsen Is.
sued, That would be taking thsir property
without giving any Il eonaidsratien-which
the law would not psrmis. aaato4 II
+ II We pay the bonds and tais The Roads
and ls'ds; that would NE b reysd; d;at;aos.--
Then it follows W must either lrepudia.e
entirely and let the lands revert 70 Govern:
ment, o. We must mals psoiy,ision, Iar ths
Ipayn.nt Of re interest, % that tbs Comps
mics can ssun so Oh OF - npes take posssssiea
lof The lands .sde properly Iof ,hs Conpa.
dies aad psovide,ior shs eonpt.setioa1 of th.,
Roads-;.Ssek ef sdkic1 alsttera edss ss@jus
mast Be voted" 70 meet tie interest oa tle
|bo,sds ,io,o ,issasd. .iassiA stTsf 2i1J a;tasa{a
Then the .bo.s RESOLUTION T.! viii. 4 il.
outset i makes .,pso's..'iioea y honor .'ad
good hith. declares is 7pppesit;oa 70 ~
States providing ~ s~est the ints5sst Isl
lnaturity, which IS. IN sgbet, gnepssdiat;sn.