Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1861-09-04
( Whole Number, 464.
10 fnR PEOpLR or rgiAs.
ceNrEEalIrE's OTrirE, ArsriS,
Angnsl l.Ih, lk1l.


s. yeu HAay lo soon Sallsl uan 10 extend your IL,
irlir liisraliiy in fni,hns supplies o the army
TSas hragn II pTUlpT place before y0u such facts
may establish full ronhdsnoe In The ability u The
fiale o n'l Az e'sniy Warrants DOW Ia rlTeulA-
tDn, aud 70 sustain ihe l-I TalUs II Issues leSvsr
" ir made,
Ills rnlirs suliied lehl u The slais amounts only
t0 s-a,lll 81 uhirh L nuw outstanding ia the form
Of ten I~T u-nI, Treasury Warrants, These warrants
aTe NOT ayahlu a the fgsasuTA, ihey Feeriya.
tle iuT luhlio dus', igom ihs cause alone THY are
suiJrri u heavy discount,
thbTr can b. uo lusI rsuse Nhy amy am0unt ~ IL.
les ,lAn sls1,l should ssT even he slirht.
- bec,usr the hpaneiai Tesourres II the
state aEe sLnPisn'ly sniilcrnl io pronee annual
ir,,hN' 81 liisl amunH' without lr'yins tax bnt
llr nai' than lalTas nigh that aid la tho state
eI NlTginia l,aioTp tho Mar.
Thes ate has yet public domain q aloui po,noO
ono srlc' oi iand, The government price for which Is
one dollar prT acre accrnihg 10 the stlo0l Fund
shoud ~ Legislature divert ihis fni 60 ~ sfnrJ
f,pHo aud tu'' the .irirtilhul o. tfy tHgtr pr
srJp, iFysbIc IN fNs'uTy Wsgungs, hon ,ii- su,r.
al auulm revenue Ofat least sauu,OOo NAV b, % H-
asnfly rNpreled This would also rrtair such /. h.,
maud .1r fTsasufy Warrants - would greatly ina
prove thclI aud while lhp dcmlnd woug
b. thus increasing, the elrrustou wuull ie rr,alN
,lm,ulshgd huch rrfulis are well cHlclhtsd II rrr-
dor WlfTauts equivalent % spGein, plitb rAriI az,
.'n'li,llcd j. cqni 20 . REDEMPTION ~ no cut,ys
,uu.a ne fNx 10 ine-castf 20 f,atTt fons b,r
ceni,, lWlrh Il quite moderate tax compared ylts
thar uiuiirr Sae', rrsH ~ hme " psacs,l anl prIrr
III A
tnhuR feycnuc Of SsoO,o00 may be- mi.e,l. nak,ng
fom Tits source and FROM The sale ~ snl MA ~ nal
rcvenno of ~ ,Np,tJJ
Tho expenditure, Of the Government may, withan,
deirimenl, lrs reduced TO SJto,u, sNiHs an annual
surplus Of SsO0. 100 iorrNi iraorlinary purposes
Now, should tho Legislature thus provide, aud make
Treasury warrants receivable for taxes and all public
dues, tcNrpt tho special loan of er cent on tho
slOJ) IL becomes a Sc'l aud aliernbc commercial
necessity that an issuc of any amount Of Treasury
WaTrshls not exceeding sl,mO,CCO, would either be
redeemed or rendered equal 10 snceio. The issuance
OF warrants ~ above stated receivable .or all public
dGcs, with the exception hoiJro mentiuncd) will not
cnly sustain The crcil, Of tho Government bur afford
great facilities To the people in the payment flakes
particularly during the prevalence Of and the
con'clucnt want ola general circulation of money.
In view of he present condition of tho Treasury
nnd nrgunt necessities OF the government, Tie Legs.
iurr cannot di by icse or better ins;ns TO accom-
p-lithc dcs!ril object.
\h investment In State liabilities for SERVICES or sun.
ls~ Reinforced 10 the army offcxas, will not oy yield
IA ample and prompt return of value, but timely
'"pinr to the sirong arm uf the government which
not only our property but our lives and hcrtrs DEPEND
The State ofIcNn> has ample basis for credit
OF more than S!OWuOJO, and may sustain the par rai.
ne Of staio Bonds to that amount 10y raising annual:
ly surplus revenue II Sl,OUOOOU, which you will
perceive may he done without much embarrassment
TO the people. IT. then, the pay OF the Texan soldier
nurs be sold fiiiy cents on the dollar ailcr
the meeting Of the next Legislature, the charge must
fall upon The representatives of the people.
The present debt Of Texas being clearly within tho
limits Of an ordinary revenue, the redemption Of
Treasury Warrants ne-d not depend the success OF
lac loan Commissioner, but alone upon the wisdom
of the Legislature In sustaining the credit Of the State
by performing tile easy task Of paying a small debt
with large means,
Should tho Legislature husband the resources Of the
STATE prefer good faith and justice bcrality, and
dcsft from The unlawful practice of gratuitos dis
tribntion of public land and money, government
will not only be able to meet promptly all State aLii
iins but may have abundant means for The early
tablishmCn Of fund, The interest OF which, arising
from permanent investment p Eve per cent. orks
will support the State Government p all its noble de-
signs, and release the people from taxation in all time
T. come, CLEMENT II. JOHNS,
Ccn,ltroEtr