Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1861-02-20
Correspondence of the Dallas Herald
Letter from Austin.
AUSTIN, February, o, Is

AUSTIN, February, 0, 1861.
The Legislature adjourned at s
o'clock this morning to reasscmble
On the 18th Of March.
A law has been passed authorizing
,he funding Of all Treasury warrants
which have been issued, or which
may be issued not exceeding in the
asgrcgate three hundred thousand
dollars, for which the State issues
rs bonds redcemablc 1st Of Janua
~ 1871, bearing interest at the rate
Of s yer cent. per annum, payable
somi-annually. To pay the interest,
one tenth of the revenue dcrivable
from direct taxation is specially
plcdgcd.
After much inquiry, discussion,
and the manifestation Of considcra-
bic interest one way and another
relative to the L. S. indemnity
bonds in the Treasury, no sensible
disposition has been made, and no
definite policy seems to have been
settled upon. The action Of the
Convention in submitting the ordi-
nance of secession to Il vote OF the
people, has most probably been the
main cause of non-action on the
part of the Legislature relative to
our Federal Relations, and matters
connected herewith, and was the
prime reason of an adjourned session.
An appropriation Of one hundred
thousand dollars has been made to
pay minute Men," to be called un-
der the bill for frontier protection.
Those companies which have ''becn
caIled out by order of the Governor
during the year 1860" are included
in its provisions. AS there is no
money, however, Treasury warrants
will issue, aud to provide against a
;otal depreciation of these, some
provision had to be made, hence the
sunding law,
Nothing further has been done
with regard to a "stay law" A bill
however, postponing forced sales un'
~ January 1862, has been made the
special order in the Senate for an
carly day of the adjourned session
A law passed yesterday supple,
mcntary to an act to provide tol
submitting the ordinance ofsccessior
TO the people" 1t requires the re-
turns to be made to the Secretary OF
State and filed in his office, to be
counted in presence Of the Governor
Secretary of State and Attorney
General, and requires them to be
made by the I'd of March; if, how
ever, received within fifteen days
thereafter. they are to be counted.
A dispatch received here this
morning announces the refusal of $
Carolina to entertain, or even to re
ceivc any proposition Of conciliatiol
from any quarter, instructing he
commissioner, Mr.. Hayne, to demand
of the Federal Government an i'm
mediate surrender of Fort Sumpter
or it would be attacked by the Stat
forces.
A private letter from Washington
City nnder date of the 9th of Jan.
from a very intelligent gentleman
In the confidence of the Government
saws that, Troops are concentrating
"to protect the Inauguration of Lin
ncoln, that he will be declared dul,
selected. and will be inauguratet
nandcr the shield of FEDERAL bayo
ssucts; then the war will begin il
"earnest.
Let your readers make a note o
this. IF the sad spectacle of mill
tary guards, for the protection o
the person of the President of TIL
Nation-strikc out these words ant
insert President Of a 'Section-b'
necessary or even proper in Gov
crpmcnt like ours, it may be con
siJcrcd the kncll of civil Liberty.
:: = = !:
= The expense of the visit of tht