Delaware state journal. [volume] (Wilmington, Del.) 1870-1883, 1881-01-06

Editorial Eek tracts From DeIawar

Tue Middletown Transcript vss Is
years old on Saturday. good paper.
Commenting on the subject OF county
division the M,ddletown Transcript says:
"There is growing sentiment In favor of
the division and there can he no better
time to take the initiatory tops than the
present. The county by the last census,
has population greater than both Kent
and Sussex combined. while Wilmington
city alone has a population greater than
either of these lower counties. Our
representation in the Legislature is the |
same as that of Kent OF Sussex II is |
time for these lower counties to gracefully |
submit and allow New Castle county lust |
representation according to population,
and tine easiest and most satisfactory way
to do this will be by county division. 1t |
has been suggested by prominent citizens |
of our county that meeting be called at |
New CASTLE at an early day for the purpose |
OF giving this important matter due CON
sideration."
The Smyrna Times has this to say about |
the new Legislature: 1.-The perSonel of |
this Legislature on the whole is considered |
above the average of those Of late years. |
For this reason the people will expect of |
them expeditions work with little foolng.
Some political geremandering was threat |
ened, but we presume there will lie deemed |
no occasion for this. There is strong
feeling for lowering of the interest and
| taxes also on the State debt Wilmington
usually furnishes the body with "a large
amount of legislation. The usual crop of
divorces and private bills will consume
much of their time. As usual the first
several weeks will find them slack of work
| in, this he nuppla ~,
blame in not asking at the beginning of
the session for what legislation they may
want"
Deldwdredn. "The subject of funding
the debt of this State in bonds bearing the
lower rate of interest, will doubtless
engage the attention of the Legislature at
the approaching session. If the only
question involved was whether bonds witL
lower interest could be sold at par, we
should say, there ought TO DO no hesitation
or unnecessary delay in the matter. The
feasibility OF such a measure ia not how
ever, the only question which should be
considered. There are others of serious
moment which should not be overlooked.
Lying at the very threshold will be- the
question of good faith on the part of the
State i'll calling in the outstanding bonds
for Tie purpose Of retuaGing Tie Debt at a
iooer rate Of interest Waving for the
present all inquiry into the right of the
State to call i'll the bonds for the purpose
of redemption by payment from the funds
in the treasury, may the in-
quiry not properly be started whether
the Slate can i'll good faith call them 10
for a speculative purpose--ihat is for the
purpose Uf scaling down the interest
The State cannot afford TO do
any act which would cast suspicion upon
e her good name or be regarded as unjust to
q her creditors. Regarded, how
ever, as q purely economic question, the
propriety OF this measure would depend
very much upon the terms upon which
the new bonds were issued Unless the
right of the State should be clearly re-
served 70 call in the bonds at her option,
the State would save nothing In interest.
We have about 100000 of the war debt
yet outstanding Our surplus revenue is
annually about S54 600 which will pay Of
l. this debt in about eight years. Should
the State replace these bonds with others
at per cent. having a longer .ime to run,
and not reserve the right to Call them in
and pay them of as fast as the revenue Of
the State would permit, it is evident that
we should ultimately pay more interest on
the new bonds than on the present debt"
The Legislature should authorize the
70 Government to appoint fish commits
1t sioner for this State, at the present ses.
y sion, and make small appropriation to
. defray his expenses III the distribution OF
70 fish. A very small amount will be suffi-
eient for this purpose. All we
e need is a commissioner to whom the fish
= can be delivered, and who will see thar
q they are placed in the proper places
u Two or three hundred dollars, annually
will defray the expenses, and pay the COM
Is missioner for his time. Let us have a
y commissioner by ali means, but no large
IL expenditure OF money. Il is not need d,
and no fat otfi,e should b. created."-
~ Deldblredn.
~ The Milford Neaos fAvors the rt funding
- of the State debt at a lover rate of
o interest, and concludes its discussion with
6 the following sentence: "In any event.
ia the State should pay less rate OF interest,
Il and those who vote against such d measure
~ will make bad record with which tn 60
' before the people another campaign
"a The Seaford Ihde1 printed only half
a. sheet last Week, the force being ''snow.
a. bound 1t makes no editorial comment.
III the editor probably being too busy with
in preparations for the meeting of the L4gis.
I lature, of which he is u member
as On Monday all roads in Delaware viii
g. lead to Dover, where the House and Senate
be will CANVASS for officers, preparatory Il
the session of 1881, which viii begin OF
IS, Tuesday. Not only men, but also a lady
of and lady of ability at that-will b,
s. among the seekers after Office. We sin
a cerely hope Mrs. Stuart will be successful
IN her canvass for a clerkship, - George
ed toaon Inquirer.
We Mr. Roscoe Oonklug, it is said, he
or concluded TO let MIR. BIyard alone. In,
a Delaware statesman has had his say, aut
es certainly if Mr.. Cooking can afford t,
ey leave the matter where it now il Mr.
DC BAyaId can. As the cave stands Mr.
he Conkling is in the piliory in full view of
ed discriminating pablic. - CAeSttrtotcn Ners
The E4sioL Ltdger wac sold on las
Oh Tuesday at public sale to George E Had
,ly away If the st. MichaeIs Comet, TO
an 81 40. J. A. johnson is the retirin
wv editor.