The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-07-28
COMMUNICATED.
THE RISING GENERATION AND FUTURE

MEssRs EDIToRs 1T cannot have escaped your
notice, that our city government is legislating in
a manner which involves the constant issuing of
City Bonds, and leads directly to a rapid accumu-
lation of the public debt
The question of taxation is one not usually con-
sidered discussed by those who are nearly, if
not quite, exempt from its exactons for the pres
emit; but it is assuming Importance now that
should not be overlooked, because of the prospec-
tive view in which it must be treated. The inter
| est upon every bond that is being issued by the
authorities of to-day, must be regularly met, and
the amount on its face be eventually paid. The
money that will be required to meet these obliga-
| lions must be raised by taxation. Upon whom will
| this taxation be levied ? Not upon those who
represent the property of the present generation
but upon the clerk-the Understandable mechanic
the laborer that now Is, and the matured and
meneyed man that he is destined to be. He is the
most deeply interested on this question of pub
lie Indebtedness the burden of which is ingenious
ly procrastinated, in order to save it from public
condemnation in its incpency. Holding the prin.
cipe that Indebtedness cannot be repudiated, but
may be prevented, it is clear that immediate action
is necessary. Improvements are already begun
and others contemplated, which must, of necessity,
call for heavy expenditures. Then how are we to
guard ourselves against an oppressive taxation in
future?
necessity of the Water Works, City Hall, Aims
house and Park projects in order to determine the
necessity of public vigilance over the city govern
ment. Let it be conceded that they are indispens-
able and that millions will be required to finish
them. What opportunities for magnificent specu-
lation at once present themselves! what host of
"trimmers and schemers' will at once appear as
competitors for public office. The first cost of
these improvements can be calculated with consid-
cradle certainty but the extent to which appropri-
ations under the guise of these several ''funds'
could and would be carried by corrupt contracting
City Councilmen and the friends who "dvide'
with them, wecan only estimate upon the basis of
like Indebtedness in sister cities. Our protec-
ton erists then in official integrity. Honest
must be sent to the City Councils especially. How
can this be done? By the young men of our CITY,
Let them determine to secure in the various wards,
by all honorable means, the nomination of reliable
men, irrespective of party, representatives in the
Council, and the conservative masses will endorse
their action at the ballot-box. The supneness of
our people at municipal elections in past years has
been the means of making access to both branches
of that body easy for the corrupt and plundering
politicians that infest the community. Now that
the elements of disorder have been suppressed, pri
mary meetings can be held with safety and without
fraud The time and energies of the young men are
most available to inaugurate a change from the
knavish working of political machinery, heretofore
supreme, to the free suffrage of intelligent and
interested public, and out of the present conflict of
parties and chickering's of leaders to lasting
benefits to Baltimore. OBSERVER.