The Columbus journal., 1909-06-23
WHAT THE STATES OWE.

WHAT THE STATES OWE.
1t was during the administration o
Andrew jackson, in 1886, after tn,
national debt had been paid, tina
money commenced to accumulate IL
the national treasury, and when til,
surplus had reached s39, OOO, 900, tn,
twenty-six states, then composing tn.
Union, looked with selfish eyes upon
the money. The representatives in
congress from these states demanded
that the coin be divided among the
several commonwealth according to
their representation in the national
halls of legislation. The representa-
tives contended that a surplus was
dangerous; that the money actually
belonged to the states under the States
Rights idea as maintained by the dem.
ocratic party. jackson, who has since
become one of the saints of the demo-
cratic party, did not agree with con.
gress. He claimed that the money
belonged to the general government,
and called the attention of congress to
the fact that the national government
had paid off the state debts of the
thirteen original states incurred for
money advanced in maintaining and
equipping soldiers during the War for
Independence. Finally a compromise
measure was passed which provided
that the money apportioned to the
states should be considered as loan,
to be returned on demand of the GEN
eral government. After $28, 900, 600
had been apportioned, the panic of
1887 struck the country and the re-
naming surplus in the national treas
ury soon disappeared. In this emery.
ency the national government was
very much in need of funds, but the
states never offered to return the
money borrowed. New York state
received 81, 10000 and it is said that
no record was ever made Of the state
receiving the money, although the
state stands charged with that amount
in the treasury department at WASH
ington. At that time the democratic
party in New York was controlled by
a band Of public plunderers, and it
was charged, at the time, that the
money was divided among the politi.
clans in control of state affairs and was
never paid into the state treasury. The
New England states hooked onto about
So, 100000, Pennsylvania, Ohio and
New Jersey $4,000. 200. and the South.
ern states received nearly $l2,OOO,OOO,
the balance being divided among the
other states. All of the $28, 600, 900,
with the exception of 1921, 900. which |
was apportioned to Arkansas, was
divided among states that are now |
'lamoring for a high protective tariff |
IN the plea that the government must
nave revenue to pay necessary expen-
es. What would be your opinion of
dead beat who borrowed money of
'ou and failed to return it, coming for.
ward with the excuse that unless your
axes were increased money would not
Ne available for paying him his salary.
here are twenty.six states that Dor.
owed government money, and every
ne Of them, with the exception of
Arkansas, through one or both of their
representatives. in the senate, have +,
oted to increase the cost of lumber,
otton and wooden goods, and iron and
ther necessities to the people of Ne. /,
raska- In the fight in the senate for /,
'wer tariff duties, both senators rep. t
Nebraska have been on the q
de Of the consumer and against the
'ecial interests represented by New
ngland and all but one Of the South. ]
n states that borrowed Jackson's
rplus. A demand should be made
ION the creditor states to pay back I
to the treasury the money, with in-
rest added, they borrowed seventy. .
re years ago. 1t is an obligation :
hich cannot be justly repudiated, and ,
amendment, or rider, to the Payne s
riff bill would give New England
d the South an opportunity to reject
repudiate their Indebtedness to the r
neral government. Only one state, Il
aine, has ever openly repudiated its q
legation. When Senator Hale, of =
nine, objected to the admission Of y
nth Dakota into the Union twenty v