Indiana State Sentinel, Volume 5, Number 26, Indianapolis, Marion County, 18 December 1845 — Page 3
Ey Mr. Clymer, for a diTcrce between William G. Chapman and his wife ; passed to a second ivadin. By Mr. Osborn of Laporte, to amend the Revised Statutes in relation to charges to juries ; passed to a cecnd reading. Also, a bill to amend the practice in chancery ; pawed to a second readir . Mr. Cookerly moved that Mr. Monroe te added to the committee on the State prison ; which was decided in the affirmative. ORDERS OF THE DAY. Büs passed. The bill fur the relief of John Nixon was read a third time and passed ; also, a joint resolution ia relation to inland seas; alo, to pre scribe the mode of selecting jurors in Hendricks ; alo, to chanpe the time of holding probate courts in Terry and Harrison; also, to amend the act fixing the times of holding courts in the 8th circuit : also".
to provide for the taking, holding and transmitting of real estate held by aliens, aud quieting titles of real estate; repealing a law therein named, in Delaware county ; to change a school district in Harrison county ; to vacate a part of Water street inKushville; for the relief of Teter Everhart and Nezekiah Mitchtil ; to establish an additional place of holding elections in Jackson township, Washington county ; to alter the width of a State road between Connersville and St. Omar; divorcing Leonard and Frances Crawford; for the benefit of the inhabitants of a certain township in Gibson county ; declaring a county road a State road in Cloy county ; divorcing John G. Keller and Elizabeth Keller, ayes 47, irs 41 ; reguhtinj the fers of petit jurors in Hancock county ; f jt the improvement of ronds in certain counties therein named, and providing for an additional tax in Lagrange, Noble and Steuben. On motiou, the House adjourned. SENATE. Mo j hat, Dreember, 15lh, 1S45. The President laid before the Senate a communication from the A oil i tor of State, enclosing a report from the commissioner cf the New Albany and Vincennes McAdamizd road ; laid on the table and ICO copies ordered to be printed. Petitions were presented by Messrs. KeaJ, Herriman, Handy, Holloway, Rrvburn. Cuppt. Parks, and Jackson : Wuich were disposed rf without reading. Jttptrt from Commitlett. Mr. Morgan of D , from the committee on nnHni.-hed bisiness, reported the bill for relit f of A. Hendricks and Son : referred to the committee on claims. Also, the bill authorizing the State Uanlt to usue notes rf a less denomination than live dollars ; referred to the committee on the State Hank. Mr. Duell, from the committee on the State Bank, reported a bill in relation to advertising certain delinquent lands ; passed to a second reading. Mr. Berry of F from a aeleel committee, reported a bill incorporating a Lutheran Chuch in Fianklin county ; read three times and passed. Sundry resolutions were introduced, for which see tri-wecfcly paper. Bills. Jlr. Logan, in relation to the clerks of circuit courts doing the bucir.e's of county auditors ; referred to the committee on the juJiciary. Mt. Parks, to authorize a settlement between the State and Alien .1cLean ; referred to the committee on canals. &.C. .Mr. Coffin, for the relief of Xtthan BuckfieKl ; referred to the committee on clairrs. Mr. Jones, for the relief of paupers in the county asylum ; laid on the t:thle. ORDERS OF THE DAY. A number of bills passed the second reading. The bill dissolving the bind of matrimony between Ransom Gabbart and hi wife; wal reaJ tho third time and passed. The bill in relation to the pilots on the falls of the Ohio ; was laid on the table, by motion of Mr. Read. The j iint resolution in relation to the relief of settlers on the Miami Reserve ; passed. The joint resolution in relation to oerfbwed public lands : rased. - To legalize the acts of James Batman, a justice of the peace ; passed. I3i!ls of the House were taken up, a large number were read the first time, and ordered to a second reading. The bill to vacate a part of Water street in Rushville ; was read tha third time and passed. On motion of Mr. Pomeroy, the Senate aJpurned. SrTERSOO.f SESSI05. The Senate assembled. EiII f the Hcue for the relief of Peter Evergreen and lLzrkiah Mitchrl, purchasers of school lands; read the third time and passed. The bill of the House declaring a certain county road a State road, in Clay county ; passed to the third reading. A number of bills of the House were read the first lime and passed to the pecond reading. Cn motion, the Senate adjourned. HOUSE OF REPRESENTATIVES. Mo!dt. Dec. 15, 1845. Mr. Carr presented the peti-.ion of J. P. Smiih for investigation, &c; referred to the committee on the State jri-n. Ey Mr. Tedford, for a tax on non-resident lands Tor road purposes; referred to a select committee of Messrs. Tedford, Snook and Ley man. By Mr. Riley, the memorial of James Rutherford, an alien, for a license to practice law ; also. By Mr. Turner, fir an extension of the county boundary of Blackford, as to embrace a portion of Grant county ; referred to a select committee. By Mr. Stapp, of Mr. Moreledge ; referred to canal committee. Mr. Hail of Gibson asked to be excusrj from serving in select committee, in relation to the conduct of Sinking Fund Commissioners ; which was granted by the House, and Mr. Fuller appointed in his place. Petitions were also presented by Messrs. Tedford and Cornelius; which were referred. Mr. Hazclrigg presented a petition, praying that a new county may be formed out of the counties of Putnam, Parke and Montgomery ; which was referred to a select committee ff Messrs. Hazelrigg, Nelson, Bowman, Dowlin p. Seawright, Nof.inger and Cameron. Mr. McDonald from the committee on the Judiciary, to which was referred the bill relative to trrspassing on the i public land, reported the same back, which was concuired j in, and the bill ordered to be engrossed. Mr. Porter reported a bill to revive an act therein named, in relation to writs of ne exeat ; which pused to a second readin?. Mr. Porter reported an amendment to the bill amending j the execution law, making executions returnable in 180 aud ISO days, &.C. Mr. Clements saw no necessity for a charge in the law in this partiru'ar. He therefore moved to strike out this part of the bill. Mr. Lowe moved that the bill and proposed amendment be laid on the table; which notion prevailed. Mr. Hall of Gibson reported against the expeJirncy of permitting administrators, A.c. to selling lands, belonging to decedents' estates, under the value of one hundred dollars, as personal property ; which was concurred in ; also reported a bill to amend the 13th article of the 51st chapter of the Revised Statutes, in relation to the keepers of gamiog hoote, nine-pin alleys, Ac, punishing professed gamblers who have no visible means of living, by imprisonment in the State prison or county jail, and tho keepers of gambling establishments by a fine of from one to one thousand dollars or imprisonmonl iu the county jail ; which passed to a second reading. Mr. 3cDonald re port ej a bill providing for taking a vote at the next Aogust election, for or sgaii.t a Convention, to amend the Constitution cf the State of Indiana; passed to a second reading. Mr Nelson, fiom tha committee on agriculture, reported a bill to allow owners of paitnciship fences to lemove the same, by givirg a party six month notice passed to a second leading. Mr Fergmon, ftom a releet committee, reported a bill ehiD'ing the time of holding circuit and probate com ts ia Clark county; passed to a second reading. By Mr Caruan, a bill regulating the compensation ef grand and petit jurors fixing the rate of compenation according lo the distance j'jruis may reside from the countyseats seventy-five emu per day to Le allowed to those ieiding at the county seats, i.e.j pased to a second reading. The bill abolishing the fee of county auditors for a transfer of lands, in certain counties, was reported back t when Mr. HufT moved an amnd:nent, providing Uwt the pr vitions of the bill be made general, and a further amendment, that it be made optional with puichaseis of lands, lreviou !o bavins; deeds recoidcd, whether such transfer ol jan!s"be made or nor. Mr McDonald did not wish Ihii amendment to apply to Iiis county. His constituents were satisfied with the law as it now stands. Mr Hazelly moved that the bill be lail on the tablet which motion did not pievail. Mr Itazeliizx moved to recommit the bill lo. the same committee. The question wa taken, and the bill wa not committed. Mr Henry moved to commit the bill, with i..rnUoO that it thal be optional with purchasers to nave lauas uaus fcrred or r.o i which Motion did not pievail. The question then recurring on the amendment by Mr Huff, it wa decided In the necalive. Mr. Thompson moved that the fee f transfer shall not K required in Perrv eountv. but tha auditor shall make auch transfer eratoitooslv. On motion, Hancock, .Ifarion, Owen, Dearborn, Spen cer and Parke were added.
Mr. Bruraficld proposed to JJ Putnam coonty ; which motion prevailed, aje 45, noes 30. The ameoJment of Mr. Thompson, as amended ii then adopted, The bill wn then ordered to be engrossed. Mt. Moor reported a bill regulating the dutieaof coen'.y commissioner; which passed to a second reading.
On motion, the House aciourneJ. Ir. Butlrr's "Letter In Ilihalf of bar foreign Uon-.IhoUIcrs. the Hon. John S. Simokso. To otuiirr vj i.ir jiunse rj jirprneniuiiiit : Pit Herewith is tr.n.mittJ communication adl,..,! 7. tr n -.. to me by Charles Rutler. K-q, the authoiizel aent of the noiaeri oi a vrry lare amoui.t ni the bona ol trie Mate, la relation to the public debt, and for the puipose of hiving the Tic laid bcfoie the House, over which juu have the bouor to preiJe. Ii i net doubted that the w'mte uhj?ct wi!l receive that thorough con'idcration, which iUgiavity aud impottauc ate 0 well calculated to command. I am, very iepectful!y. Your ob't ervT, JAS. WHITCOMB. I.xDiA5AroLis, Dec. 10, IS 45. To tht lion. J. Mrs Whitcomb, Cucernor cf the S.'ate cf Indiana : Pe Sia The undcisisrned, in behalf of the hohler of a aie amount of the bunds of the State of Indiana, (Wabi-h and :ie Canal, and Internal Improvement Conds,) brgi leave to lay before your Kxcellenry, and thiough you, tefoie the LrgMatuie, now in esi'in, their situation in res pect to the toefc held by them ; and to solicit your earnest and candid consiJciaiion of the subject. The inteiest on lhe?e bona has nut tern paid lot the spare cf Gvejeais, though the hoMeis have induced the hope, I that the M-ite w.iuld be able to meet it obligation, and '. fulfil its duty to its credi or, at each successive recurrence of the peiiod when the inteiest shoulJ have been paid, according to the terms of the boudi ytt they have at ef'.eu teen disappoin'ed in this. They invented their money in the purchase of the stock of the Stale of Indiana, wilh the mot entue confidence in the intrgiity of the people, and in their ability to meet their obligations ; and they were led to such investments of their propeity, not only iu reliance on the pledged public faith of the Stute, but fiom a Ce?ire to place their money where, w hile it would be thus safe beyond a question, they might calculate on receiving the interest punctually, according to the terms of the bonds; and the leceit of which has leen and is, to all of them a mattter of grtat impoitance, and to a laige shaie of them, of indispensable necessity, to enable them to meet their d lily wants. They cannot but deplore, in common wilh the citizens of Indiana, the existence of those causes, which have involved such serious disappointment and loss to them; and they regard with solicitude the peilid when tliev shall ccae to eii t, and the State of Indiana shall Le able to redeem her plighted ftith. They do not indulge a doubt as lo the disposition and intention of the people of Iudiani to pay their debts t the ultermoft farthing, as soon as they shall be satisfied that they have the ability to do so; but it becomes a question of serious i.npoitance with them loknow uhen and how I hey may expect to be relieved, by the payment of the interest, and what calculations they may safely m .ke in irgnd to the futute; and their anxiety on this sutject has piompted (hem to send me t the State cf Indiana, for the purpose of copfeniug with your Excellency and the Legislature in relation thereto, and making such) arrangrrncnU as shall be deeinej t ece-sarr, and as shall te within the aliiity of t!ie -Mate, to relieve them as soon as practicable, from their piesctit positioo. They believe that thi measure will g rat'y promote the interests of the State and its cteditois, and that the adjustment of the business on terms satisfactory to (hem, and honorable ti the State, wii! be accelerated by it. If any apology for this course shalj be deemed proper, it will be f .und in the impni tance and uigcrcy of the interests rcpie-cnttJ by me, and iu the hope which is ir.Juled, that by t' is means some tlan may be deviled for the iclief of your bondholders, which shall not only be cordially acceptable to them, but alo withiu the ability of the State. I fhoul.) f.iil in my duly to those whose interests I repiestnt, if I did not state in the most explicit manner, and at the eai liet moment, to remove any erroneous impressions which may be indulged on the sut ject, that the holJtris of your foreign bonds have never couiemplaird or authorized any prop sali being submitted oa their behalf, which should emhiace les than the eventual payment tf their jut claims for the entire amount of piincipal and inteiest i f the bonds in their poesion, which ih.-y hold with a firm teliance on the eiedit of the State of Iudiana. If the State cannot make immediite provision for the payment of the interest on her bonds, in full, without imposing too great a burthen of taxati u upon her citizens, then it is desirable tint some anangement be maJc for the payment of the interest, in put, and according to the pieu-nt ability of the State; and the amount hereafter to be increased according to it growing ability. I am aware that the "Domestie Debt," so called, existing in the foim of treasury notes, or sciip, i receivable for State revenue, and th it it is regarded by some as a first lien on the revenues, of the State, and to be fust paid, before any application cf revenue can be made, to the payment of the interest on the foieigo bonds, so called. It might not be becoming in me, cither to question this application of revenue, or the good faith of the State, in giving lo subsequent creilitois, if I may so speak, a piior and exclusive lien upon all the revenues of the State, and post poning its prior and equally bona fide creditor, fiom all participation and share in them, for an indefinite period. On the contrary, I am satisfied that the act referred to was prompted by considerations of the puiest chaiacter, and a desire to relieve a laige number of the citizens of the State, who bad toiled on her public work, and whose claims were so pressing as to enlist the sympathies of the Legislature; and although in the estimation of your foiein bondholders, the State would have been partial to her own domestic creditors, to an extent that would have justified apprehension on their part, if she bad given to them her bonds or obligations in precisely the same form, as she had previously given to those who had advanced her their money; (and surely this was all they could have exacted;) and if she had, to the ex tent of the interest on such bonds, allowed a higher rate, and provi.lrd for i'.s punctual payment, in full, out of the teveuues of the State, before any application of those revenues should be made to the payment of the interest on the other bonds: yet they woull doubtless have submitted lo it with out complaint; and they cannot but regret, that such a plan was not adopted, as it would have protected the State itself ; Torn great embarrassment, and enabled it, as the history of its finances for the last foiir years abundantly prove, not only to have paid the inteiest in full on its domestic debt, but also to have paid some poitiontf the inteiest on her public debt, at the same time ; and however small that portion may have been, it could have saved many from tuinous sacrifices, an I c mtiibutcd to the relief of others, who duiing tht period have been straitened in their ciicumstance, in consequence of not leceiving their jut dues from the Sta'e; and it would bare been such an earnest of intention and effort on trie pirt of the State, tj maintain its faith, and meet its liabilities, o the extent cf its ability, as would at Ihe tarcc time have encouraged and relieved its creditors, I desire in these remarks, to call the attention of your . . Excellency and the Legislature strongly, to this part uf the case, not with the view of disturbing in the lensl, the existing arrangement in respect to. the domestic debt, to the prejudice of aiy holder of any portion of it, hut for the purpose rd showing lliat your bondholders nre conscious of llteir rights, and of the injurious discrimination, which has been made in respect to the public creditors, and which tliey have submitted to with an abiding confidence, thul Indiana would, at tho earliest practicable moment, correct as fir as possible, the errors either of legislation or finance, ntTcrting her honor, and the rights of any portion of her creditors, when their injurious and partial effects were detected. It is obvious however, thnl some plan should be devised, by the wisdom of the Legislature, whereby some po.-'ion of the interest may be paid on the public debt, cither by Ihe application of no me part of the revenues now levied, to that purpo.?e,or by an increase of the tax, to bo set apart and appropriated Ihr lins specific purpose, and that the foreign bond holders should not, as a matter of course, be excluded from all relief, ur til tha entire domestic debt be fullv paid. In Pennsylvania, the domestic debt was postponed by the Legislature, to enable the State t- do justice, and extend relief to its public creditors, and in Illinois, where they have n domestic scrip receivable for the Slate taxes, an additional specific tax of one mill and a half on the dollar, (winch added to tho existing lax of two mills, makes their State tax three and a half mills,) has been levied, receivable only in specie or its equivalent, and the avails of it are to be applied towards the interest on her public debt. In both casus, the object to be attained wa the maintenance or public l-nlli, and reliel lo the public creditors; and in ihe accomplishment nf Uu grent end, all local and domestic interests were deemed subordinate. In some of my conversations with citizens of your Slate on this subject, it is urged, that the State scrip is on the ftce of it made receivable for all Slate revenues, and that any interference with it would be in violation of the nlede. on the laiui oi wmcii u was issuea. in repiy. a would respectfully ask, whether tha present holders of State scrip nave any higher claim on the equity ol tlie State, than the holders of Internal Improvement bonds, who purchased them more than six years ago, and when the credit of the State was untarnished, and its pldged faith maintained in all its integrity t and who have con tinued to hold them from that time to the present, llirougn good and through evil report, wriili full reliance on the integrity and ultimate ability of Ilm citizens of Indiana i Is not this el m of creditors entitled to as murh nay, mora consideration than any other class, at this time ' Are they not the oldest creditors, and have they hot suffered longest ? Is it T.'Jt the duty or the State, to exhibit the purest and highest example of equal and exact justice, towards ftf those who sustain the intimate relation ol creditors to it? ' In connection with this branch of the suhjncf,it is pro per again to refer lo the p;tt history of the State, and to the lacl tli.it in lC4i)-Jl, the Legislature pa a law nxing the Sut Us nt four mills on Wik dollar, and the poll tax at seventy-five cents, and the f rmer was set apart and Specially appropriated to pay the interest on the in ternal Improvement bond ; which law waa at the subse quent session of 1811-42, repealed. The records in tha Slate Auditor's office show, that in no year before or since, has tha revenue been paid in with greater prompt ittide,thn it was during tha verir following the impost tion nl ihe tax in question. That the ability of the peo ple has increased largely since thenj no one will denyj
and lhat tha people ol any of the western States could now pay a tax of four mills with mora rasa than they coul.l then par half that a um, 1 presume no one will doul t. ' And here I deem it proper to refer to the copy of an Indiana Internal Improvement bund annexed hereto, I ' now come to ano her branch cf the aulj-ct, of the
uecpest interest to a portion ol tte l onilaoiJera, representea iy me. viz: me noiuera ot. tu tVabasa and trie canal bonds. These bonds were issued for money borrowed for the construction of that canal from Lsfiyette, or tha mouth of the Tippecanoe river. east t. the State line, (which waa the V abash and Erie canal in Iudiana, aa orifTinailV nri lCeleu 911? I.liil7l 1 sn,l Ihit ranal II In 1I4 1 .. . ..... - . . . i i ö ' j - - . ( iu reeri ue ,nJ ll)5I were t apart and appropriated, and . : by lha original act authorizing the loan, were irreoca- ' b'y pledged and puarantied by the State f r the payment cf the interest and the redemption of the principal of those I . I ... . . .. ' loans; and upon this niedre the loans wer o' tnined. ;
The canal has been finished, it. entire- lengih from Lifay- j11'1" uu ll,ilt l,e State would not be let iuct,and irinette east to the Slate line, and the State has realized, and i8l!i,cd unt I' 'e would not t withheld ; and I may is. at this moment, rratitln rnn;,l.il,u ...n. (,.. fi-ftr to the fict. that bv an urt 'of the Leeiidature i.f ih
it, and vet no application has been made of any portion of those tolls and revenues, to the payment of the interest or any portion of it, according to the origin! pledge, a:id fr a period of five years has the same remained unpaid. The holders of those bondi conctive thdt they have a right to insist that those tolls and revenues be thus applied, and Ihey feel that the State has no right to divert, or use them tor any other purpose, however ueful or desirable it miy be to the State, Without their consent; anJ they appeal to the aense of justice and honor cl the State, to fulfil the pledge which was an juaily given, which is engraven on the face of the bond itself, and on the security of which they obtained the money. That those to!! have, by law, been made receivable in a land scrip, issued for the con- ( ruction of the ear at weit of Tinneranr.e. et rr th . t. .t... r l . . .l .. a circumstance calculated to mike them feel more deerdv the ii justice which ha been done them, in diverting the tolls from theo!j!ct to which they were originally p'e.lged; as they cannot see in such disposition of them, any public benefit to compensate fr the manifest violation of public faith involved in iu If the State had, at the aame time and by the same law, which diverted those revenues from their legitimate end, provided by tax, for the payment of the interest on the canal bonds, the holder would have no right to complain ; but as no such provision has been made, they are constrained to present the bond itself, to the notice of your Excellency and the Legislature; and to respectfully and earnestly insist on the fulfilment of the obligation which it imposes ; for it will not be doubted that the necessities of those individual holders, are more pressing than can be those of the State ; and in order that your Excellency and the Legislature may better understand the views and feelings entertained on this subject, by this class of yr ur bondholders, I sul j in hereto, the letter of Mr. Cottercll, with a copy cf the bond held by them. When it is considered that there is a contract existing between the State and every single holder of one of its bon J3. it is to be expected that he should feel a deep personal interest in every act of the Legislature affecting the terma of the contract, and calculated in the least to weaken bis security. There seems to be a strong feeling of uneasiners anJ discouragement manifested in relation to the increasing magnitude of ihe public debt, ly the accumulation of interest; and from the observation which I have brrn able to make on the sul jct, I am led to believe that the peopl of Indiana will cheerfully submit to any reasorahle tax, for the purpose of maintaining the faith and credit of the State, provided the tax imposed will furnish the means, Without any after increase, of paying the ii.tercst on the public debt and ultimately extinguishing the principal. In order to meet ao natural a sentiment, and which I have reason to believe prevails and is increasing wi:h the great body c the citizens of your State, and which your creditors cannot but respect, I feel prepared, in their behalf to say, that they will be satisfied wilh any arrangement which will ensure the application cf a reasonable revenue, according to the present and future ability of the State, towards the liquidation of the accruing interest. And as the creation and application of such revenue is to be controlled by, and graduated to, the actual ability of the people, present and prospective, and a the que ion resolves itself into one of ability, my attention has been directed to an elimination into the official documents annually submitted to the Legislature, which exhibit the resources and progress cf (he St.Me, and which it ii presumed may be rilied on as furnishing the basis for intelligent action. By reference to the Auditor's report for the present year a document distinguished not more, for ita lucid and minute exhibit of the finances of State, than for it sound and practical views, which rrllact credit lipon that able officer it appears that the entire public dtht, so called, of the State (not including State scrip, and bonds issued for Bank stock) exclusive of all back interest is eleven millions end ninrty thousand dollars ; the annual interest on which is 556,220. I have not thought proper to add the arrears of interest lo the principal of the debt, as, until it be funded, it forms no part of the funded debt. By the same document it appears that the value of taxable property in the state for the year 1915 full little short of one hundred and twenty milion rf dollars, and the number of polls for the same year is estimated at not less than 124.0UO. that the average increase of taxable property for several years past, has been nearly Jive und a half milliont of dollars per annum, in other words that the average annual increase has In en fully equal to one half of the entire funded tiebt of the State; and it Is to be considered that this increase in the weahh of (he State, has taken place during a eries cf years of admitted pressure and difficulty, and while the credit of the S:ate wa under a clouJ. It certainly afford- striking and encouraging evidence of the growing prosperity Und irrepressible energy of the people ef Indiana. I assume that the average anndal increase in the value of taxable property of the State for the next ten years, will not bo less than sit mil ions of dollars per annum. and that there will be a corresponding increase of poll! It seems to be edmilted on all hands, that this calculation is a moderate one, and that it unquestionably fa!! short of what will be the actual result. A calculation based on these facts will show, that without imposing a higher property tax than a three mill lax, or thirty cents on the bui.dred dollars, ard placing the poll tax at seventy -five cents, sufficient revenue would be produced, after paying all State expenses, to pay Iwo percent, interest annually on the entire public debt of the State, j from and after the first day of July, 18-1G, up to the 1st I .f.M mv" Tnr 1 CaI inr liiiitVA lift c i. Ta laat inrv a aitrrilna da3r of January. 1851, inclusive, besides leaving a surplus bV.a anr.ld t Ihn naerrnnl t I Iila civ r or ft wit i ra aanetr to be applied to the payment of tho ix r.er cent, treasury of over ono hundred thousand dollars annually; notes and inese being ansororu wr.nin mat nine, uie oiaie wouiu then, by the farther addition of a half mill in 1850, have the means t pay from and after the 1st ilay of January, 1851. three per cent, iutrrr si annually cn ihe thee entire funded debt, besides leaving a surptu to go to a sinking fund for ihe gradual redemption of the principal: and which amount of interest being cured by revenues derived from taxation, may be aafely assumed as the limit at which taxation may be fixed ; and reliance may be had on the revenues of the Wabash and Erie canal when finished from the Slate line to the Ohio River, to meet any deficiency ; having every reaaon to believe thai the receipt from thai source will cover the amount in full after that time ; and in alluding to this canal, I ta'ie occasion to say, that your bond-holders rcgarJ ihe progress and completion of that great work of internal improvements, as intimately identified with the future wealth and prosperity ef Indiana, and as adding greatly to the abiii'y of the people to meet their just obligation ; and in expressing a Willingness in their behalf, to co-operate leith the State, in any way that may be desired for the accomplishment of so great an object ai the completion of that canal, at the earfirst nracticable perio K fupon th security alone of the canal and the munificient grants of land, donated by Congress for that purpose) it is needless to siy that they would be influenced by a consideration of interest, which they believe lo lx mutual between the State and t!iemslves. In order lo ascertain the total funded debt cf Indiana, on the first day of January 1S5I il is suggested. 1. That for ihe arrears of interest on ail the lon!s op lo lhefirtday of July lSi6.certificatcs be given to theho'd rs, Davable on the first day of January 1851 or then funded. at the pleasure of the State, in stock bearing interest at fivo - . I n - t 1 per cent, rrom and atur tnc nrm uay oi January icj.ii, anu 2. That fir the arrears of interest, accruing between the first day of July IS 16, and the first day of January 1851. like certificate! be gtten, with ihe privilege of funuins the same at the latter date in a similar manner , and from that period (1st January 151) the interest In full nnon thi whole debt to be paiJ Irom the soUrres auove alluded to. that is to y, three per cent, fron the general revenues of the1 State, derived from taxation, and the balance from the revenues ef tha entire canal, from tlie State line to tke Ohio river. On the supposition that the State will provide by tax or in any other way, fr tha payment of two per cent, per annum interest on her foreign bonds, commencing on the first day ol January, 1347, up to the Cr-t day of January, 1251, and that we may reasonably calculate, out ol the revendes of the cnnsil tn icccivo ri nililitionu! one prr cent, per annum, during the Mm period, making 3 pr ct. On this basis, tho entire funded riebt of the Stato on the first day ot January, ldöl, utny be estimated as follows, viz : - Principal according lo the Audit 'r'f report, $1 1,000,000 Bark inteiest from 1st Jan. 1341, i0 ll July, 1846. is 54 vears. f3,055,430 Estimated deficiency of interest between lt July, IS46, and 1st Januaiy, 1S5I, ay 2 pei cent, 4$ Ti.-$mt0o-$4,053,530 Totl findad debt, Ut Jan., 18rf, Tbe annual inteiest on wbtcb would b It Ö ftr CCCf, $15,143,530 f 737,1 7C 53
" . a per cenr, . 454.303 90 2 per cent, - 302.670 60 Thus the amount rr interest to be paid annually from and after the fi.vt da of January, on tlie entert funded debt would be'even Hundred and Hfiy-sevn thousand one hundred and teehty-ix dollar and Cfty cent; of which $454,303 DO would have to be provided fr by taxation, (Um three per cent, iuterei on the whole amount,) provided reliance b liddoii the revenues of the canal fur the balance aa suggested. In propping tu fund the internal on the first day ol January, läöl, I beg leave to cull the attention of j uur excellency and the Legislature to the lart. thai br the
wwi.vj. nni ihiiiv.i am I 1 .utt 3.I111-.11II1UM1 V lerina I I tie bond, the interest i nnvublu ienii..iiiini l.tlM I I.m Ititurul !j t.-..1.1.. - I tf ih.t C. .1.: . : Mm ii uni riiii-auiiiiBi mieirM mere 14 a coupon attaclied to the bond that the interest should hate Leen paid at the time lipu?!.tt;d that the holder are justly entitled to interest upon the coupon, from ihw period when 1 they matured (hut, as between individual, interest at' .I. I l ' .11 . I . . I " -gal rate, i allowed alwais Irom the time H. n..tSfl"e,,U ?f rV,u'r7,.!?4, ll,ey ull",r'"'l ' uc -f State bonus, to be na je, lor ihe express purpose of nnv j ing the interest la become due in that year, on ihe outstanding bund of ihe Slate; which bond were to bear interest at the rate of seren per renl. per annum, pnvcble half yearly, and which were duly executed and tendered to the bondholders in payment of interest, and declined, except U a amaH amount. I refer to this ac t oi the Lesjislaturc, as showing their sense ol l!';e obligation resiing on the State ah f.uligation w hieb so far from being weakened by the Ups of lime, is surely strengthened. In proposing to fund the interest therefore, on the bonds of ihe State, up to a period so far ahead, without interest, whereby a great sacrifice i made by the bond holders, not only in the amount surrendered,' but also in the delay, and a corresponding advantagn is secured to ihe state, and the people aie relieved from ihe pnjmi nl ol a very larg cum ot money; I deem it proper to add, that I have been influenced by several considerations, among the chief of which i tin; desire to secure the settlement r this great question, at this time, and to nccoinmcxlate its adjustment lo the ability of the people cf Indiana. I cannot permit myself to doubt that this earnest of the liberal disposition of your bond liolJer will b met by a corresponding spirit of liberality, on the part of the Legislature and pfcople of Indiana. According lo the most reliable estimates, the people of Indiana will realise tin advance on the productions of the State for the year 145, over ihe vabie of the same product in the year ls'4-1, of not less than four million of dol lars result n gratifying to your bondholders as it can be to any resident citizen of the State ; and this, taken in connexion with other concurring and favorable circumstances, renders the present a most auspicious time for the disposition of this subject. I may be permitted with propriety, to allude not only to the great internal prosperity of Ihe Slate, over which you have the honor to preside, fur encouragement ; but also to Ilia prosperous condition of all the States in the great valley, and constituting at this time the granarv whene nre drawn, 1 inijjht almost say, the supplie of the world ; and with which States Indinna is so interlocked, as lo make their prosperity heri: nnd especially would I direct the attention of ihe Legislature to the brilliant example of your H.ster State of Ohio, whose citizens have borne without murmuring the burdens necessary to sustain their credit, throughout a period of great pressure nnd giooui, and where a lax is col lee ted for the year 1:45, of sertnttjfee cents on ihe hundred dollars for the specific purpose of pnjing the interest on her public debt. Her i a noble example, illustrating the integrity of a free people, who rcg-ird tiie maintenance of plihu-d faith as the true fiundation of State character, and tlie senl of Ihcir prosperity. Indiann, with a soil equally fertite, and a population equally industrious nnd enterprising, ha opened lo her a career as brilliant. Stic has only to restore her credit that rtatest element of national wealth, to render it certain. I would refer also to the progress which ether S'ates l ave mule for the restoration cf thi ir ciedit to Pennsylvania and Maryland to Mic higin and Illinois in each cf which, steps have beeu taken for the restoration cf their credit, and the sutisf ictory relief of their bond-holders ; and in thee elbits we see the recupetative energies of the American character, and the sense of justice, prevailing over every obstacle. It u a movement which enlists the sjmpalhy cf every Ameiican ci'izen, wherever his residence may be, atd which should challenge the admiration of the woild. I cannot close without availing myself of the occasion to present a few considerations which belong to this gieat subject, involving; as it surely d cs, '.he honor cf the Mate, and the prosperity, inteiests and future wclfaie of its euht hundred thousand population, and which, it would stem, should prompt the Legislature to take immediate tep, to the extent of her ability, for the relief of her foreign bond-holders. It will be remembered that they have held their bunds f.r a long period, without receiving any payment from the State, and the effect of such deliy, is to render their propeity conparatively talueless in their hmds. In many instances parlies have held on, without submitting to the enormous saciifice which a sale would involve, hoping for speedy iclief fiom the Slate; and in such cases, if they can onjjr te re-as-suicd, by the paymrnt of a small portion of the accruing interest, und by certain provi ion f r the fatuie, it will save them from ruinous saciifices, and enable them to preserve their piopeity. Next ti the p.iyment In full cf arreais, is he fling the time when it will be paid; in other woid, certainty is Ihe thing desired it i the uneeilainly iu which Ihe v hole subject is inVolVel, and the consequent inability cf needy holders, to make any certain calculation, that adds to their nnhappihe s a it) the case between than and man. An examination would show, that the bonds of Indiana, like those cf Pennsylvania and New York, are to be found extensively in the hinds of tiustec, gtiardi ins, retired and ecd persons, widows, and others whose ol ject was investment, and whose teliance for support is on income. Such, with scarcely any exception, is the class I represent. The State cannot be constrained t make piymcnt, in any mmner, at the will of the boldeis of her bonds, however piessing their ircesities may be j they lie left lo depend entirely for the fulfilment of obligation, upon her own sense of bonor and justice. In the rXeicie of her sovereignty, she is the sole jude of her own ability, and it might be I'remed presumption in any one, even a creditor, to que-ti n her integrity and disinterestedness in dccidlnz f:i the quei tion, however it miht disappoint his expectations, and However variant it might be fiom his own estimate. The bigest evidence which can be given of ihe reliance of those whom I represent, on the honor and faith of the State, is to be f und in the fact already mentioned, that they bave continued to bold the bonds from tha period of their purchase, prior to the default of the State, down lo the present time. Il i true, they have been encouraged from time to time, I y the solemn assurances of the people of Indiana, speaking ihrcugh their Executive and Representatives, of ihcir ii'cntion to do justice to them, as soon as they should have the ability ; and espccial'y by tho emphatic language of the joint resolution, adopted by the LegTla'ure of 1814-45, which U," that we regard ihe "slightest breach of plighted faith, public or private, as ah "evidence of the want if that moral princip'e, upnn which all obligations depend: that when any Slate in thi " Union ha'l refuse to recognize her great eal, aa the suf- " ficictit evidence of her oblig tion, she will have forfeited "her station in the sisterhood of Slates, and will no linger " be worthy of their confidence and respect " and while they ought not to doubt that auch is ihe sentiment of the people of Indiana, ati'.l, they aro painfully conscious tbat tune is running against them thai ihe interest is accumu latins, rind with the increase of debt, the tlilhculiie in the wav of pivment will also naturally increase; and they are improved with the serious conviction, that ihe neglect, or refusal on the part of a State, to provide f r Ihe pcymenl of its just debts, for an unreasonable length of time, does involve all the practical consequences ot repudiation, to the holJ.-rs of its oblig itions, and to the people lUemselvee, and will be so regarded by ihe world at large ; and the danger of this rac or passive repudiation, is increased with the delay : for the longer it ia suffered to remain, the further removed it ii from the lime when the obligation wa incurred, and when the aense of it was fresh and when we consider the chingicg character of ihe population of all the new States, it is not surprising lhat the sei se of obligation should grow weaker and weaker with the lapse of time ; nor is it surprising, in this view of the subject that the most lively apprehension should be indulged.by persons situated like those I represent, nor that tliey should be importunate wiih your excellency and the legislature, to save them from such a possible fite ; and in the communication which I now have the honor to nieke, if I have expressed myself loo strongly on any point, or, if I have seemed to fail in any particular in the respect which ii due from me, either to your Excellency or the Legislature, or tne people of Indiana, I beg once for all most earnestly lo disclaim any such intention, and lhat you will attribute it to my anxiety to represent faithfully the right and expectations of those who have sent me oil this mission, and who can not be presumed from the relation which they sustain U the itaie, to entertain any other than feeling of the Utntort respect for it public authorities, and a sincere desire to sen its credit established on the most enduring bai; and it permanent prosperity thereby secured. In conclusion, I will adJ, that I am fully adthorireJ, in j . t i l . r iL . L .t 1.. r-fT U . I ntt tt , Indian. t ...fe'r int an arrangement wilh the State. In enaii oi a very urge uooy oi iub uoiucii reaped tJ the bon.l beld by them, havinr regard to the j principles hrU fly inJicated in thi confmai.icatio:i. hi. imro8ib!e fully to communicate in thi forrri. the various J details ef auch n arr.ngement . U.ey bae empowered I me lo maU, and which froal thrir nJtorp, must neccswrily j b ihe aut-j. cl of personal conference ; btrt I am prepared. , a i in rill mnaki rrtfrimi v iu m i tucm iu itiuw w j agrecsble to the Legislature, to aity committee whom Ihey, in their wiuom,msy appoint for that purpose ; ana i irusi lhat IQ such conference, I aha'l be able to salufy the Legilaluri il the deposition of the bond-holdtra whom I represent to obut any rüSJnib! difficuttie. which n ay .eerd at fu.t view, to lie in tha way of a a.tictofy .djot - rn.nt Cf the whole lu!nfi. VVi;h ' nilrf.ertt of hTgh tespect, I ntn'i Yon ßxce kncy'd Oh'taers't CHARLES BUTLER.
State Bank Small IVott.
have before us the annual report of the President bf the State Eank. It possesses but two points of interest : that of the general condition of the Bank, and that of thb extension of the privilege of issuing small note. In relation to the latter subject, the Trcsident takes the position of attue votary of paper money. Grown great, like Cxsir, upcii the meat he has fed on, he now coolly claims, as a sort of prescriptive or vested right," what a year ogj he prayer! from the legislature as a toon of favor. Listen to this beauUul specimen " Hv a . cf Bank Democracy. He says ; ; "Hy a resolution of" the H.,ard ..f Directora at their .quarterly meeting in .November, 1SJ4, tha undersigned J was made the vehicle .f reqestiii from the last General Asse i ii lily a continuation of the riv ils of issuing note of a less denomination than fie dollars, ns ii permanent privilege during the life of the i barter, and it wa' as, suitied by the undersigned, that the existing pritileRe vyouIJ expire during the j renenl session This conclusion vva not ffi.iu an examination of the law conferring the privilege, but was adopted in concurrence with what appeared to Uf the then opinion of ilia Doard of Directors. "lie was, however, onn Her convinced, on a careful examination ol th law. that such a construction was ri.lieniM. and lie camo to the opinion lhat tha privilege., as conferred, is a continuing tutet, until repealed by the General Assembly ." Report, p. 4. year the hnjutg? of the Baak President on 'liesarrle sbbje'ct was as follows: " The arrangement fcr ari extension of the piivileie, and ut the present session, and as claimed to have been tented by pant expeiience, was, that the public sentiment was in favor of it; lhat the consequences of the issue thus fir, had not been of the injurious character anticipated hjr many, that it had not expelled the small chai.e specie circulation ; on the contrary, thut it had uperedud and driven nut a f rein small note circulation, that wa not only of doubtful but dangeruus character; that liiere are now but few small note circulating in the State, except our own, and that the public have confidence ih them; that it may be reasonably expected that other Str.te will fill up the vacuum made by the withdrawal of ours; that the existing prieilrge haring yet a year to run, it might be considered that action could very properly be delayed till the next session of the General Assembly; but that, by the middle of that session, fAe pritilegt will hart expired; and that ihe withholding of the issue or that portion of the circulation from Ihe community, will consequently commence before Ihe next legiklature could act, and the brntiches, Without legislation, will meanwhile be naturally shaping their business accordingly Set Report, Doe. Jour, p." IIS. Now in this extract, the fact that the privilege in question expired this winter by limitation, is stated nnd ad.nittcd in four or five dLTerent forms of words. This shows that at that time the opinion of the Bank President corresponded with that of the Legislature which passed the law, of the S'.atc Tank Directors whos3 " rc'icV he was; and of the public universally. Tske into view also the fact, that when the law was passed, the Bdnk President occupied the scat of Circuit Judge-, whose duty it certainly was to understand the laws in force, and it eurcly will strike every one as a, remarkable ch-wge of opinion or an equally rennrkable degree of carelessness. But we proume tha mystery miy after all be salved by the well established1 fict, tint the moment you put A man into a Bank, you subject him to a subtle virus which inevitably produces a sort of moral blindness to every thing not calculated to retain and expand the privileges by which such iiistitutloi.s profit at the expense of the community. There were two laws parsed in 1341, in relation to the issue of small notes by the bank. They may be found in Chapter CXII, Sec. 7, and CXXI, Sec. G, of that year. Chapter I'll, Sc. G, provides that it shall be lawful for the State Bank to issue notes of a less denomina tion than $3, to nn amount not exceeding 1,000,000; provided; that this privilege shall be subject to the control of the General Assembly from and after the 23th January, 1314, (about fjur years?) and pro vided further, that the Bank should pay into the State Treasury one por cent, on the amount of such small notes issued. This did not suit the Bank exactly, especially the one per cent. tmus to tue Mate; ana inereiore u chose to adopt Sec. 7, of Chapter 112, which was a little more accommodating. It is as follows: " That the privilege of is'.lin note of a leas denomination lhan $3, granted the Bank by thi Genend Assenihly, he, and the aume is hereby enlarged, s i a to run troin the first day of January, 18-11, through a period of five years." And it further provided that tlie trouble and responsibility of the Bank, in managing the trust funds of the Slate, converted into Bank stock, should be taken in l.eu of the one per cent. bonust before men tioned. It is under this section that the Bank issues her small notes. The law first q-iotcd, conferred the privilege four years; the last, fee years. Now a legal quibbler may possibly maintain with Home plausibility, that as the law cf 1911, docs not positively inhibit the- exercise of the privilege after the Jiie years, specified, therefore the Bank may law fully exercise it. But such was not the intent of the Legislature which passed the law, nor has the law ever been construed as the Bink President now construes it. It is another and striking evidence of the fact, of which we have thousands of examples, that Legislatures may grar.i as many privileges to corporations as thy pkase; but it is the hardest thing in the world to take any of them back. The section of the law chartering the Bank is in these words : ' "No note shall be issuftd of a les denomination tbari fm dollar: and t!i Legislature Hereby reserves the right, nt any um after ten years, to restrict and prohibit the circulation ana isuc ui any note iur ies in e uu lara." The provision of the charter tronld cutofl" the privileg3 in question, of corilinuitlg' the issue of small notes by the Bank; unless it be superseded or set aside by chapter 71 of the Revised Statutes, entitled an act tn nrnhihit the mafcin?. issumsr or circulating small notes or bills." This chapter declares all such is ids bw an? n.Tsnii or com rati in. other than the " '---i "j --j i State Bank, to be null and void; all contracts based on such bills as of no e.Tt; and, excepting the State Bank, imposes a penalty of from one hdndred to five hundred dollar, upon a:iy person or corporation making and circulating such notes These exceptions in favor of the State Bank were probably made to caver the limited privilege which was conferred by the law of 13 41 ; bat the law may be sj loose in its tdrnlJ as to justify the assumption which the Bank President now makes, though notoriously and totally at variance with universal opinion up tn this time. rC rria hinrr tvp m 1 V htt sure, that the oleers of viti'' '-j the Ban will construe the law most liberally in their own fävor, and will twist and turn and screw every discrepancy in such a way as will give the greatest powible advantages dver the people. It remains in be s?en whether the igislatifrt; will be so derelict to the true interest of the pecole, as to quietly submit to the extraordinary assumption of Trcsident Morrison, and thus, as it were, legalize that assumption. T J d this. WO jld be, II 0Uf Opinion, HOI OUiy tcrU' lB , Dut a5 Co;rard'y as wrong. If the Eank is to have - nr:v:w which it desire's, vermanen'Ju, till the ,- . -. .. .up expiration cf tW charter some ten years hence, the Legislature should Rrairt it opeuly and boveboard. . nelther let the Bank STEAL it nOT SnCCLi IlltO It, bv construction of misconstruction. PersomVv. we care but littlo about the matter, We can loolt out for ourselves aa well as others can j o,jt jyg s . but it would bo underrating ; . .. . , , r.Pnpn Aa- ; the intei igence of mfm of the MA. Rambiy, to suppißö thora ignorant of the onquestionaMo fict, that the country is rW the eve of another expansion of the paper currency. Many are forgetting the ecverc leseon taught a few years a'mce, from
tha consequences cif which the country has hardly yet
recoverea in tuii ; others, not forgetting, are .wüline to see a recurrence cf the evil in the Lope of profiting by acquired wisdom; tJncgb it be the wisdom cf the serpent. Just as stire as the expansion, will folbw another revulsion. And the question for the General Assembly to deciJe. is whether it will lends its aid to assist or check the ev!l, by continuing or reclaiming the email note priv.le-e now exercised by the Eank. The small note iesue, though the most proStable to the Bank comparatively is, undoubtedly the most dangerous to the people; and in case cf suspension is j sure to threw the greatest loss on those least able to , . , . ., , s,,tatn lt' It takes just so many silver Co.lars out of the hands of the people, and locks them in the vaults of the Eanlt as a basis fir ruinous expansion; aud in the end works rnly evil, and that continually both to the people and the Lank. The present condition of the Bank a compared with last year, is the stronjrst possible argument in fivor or the reclamation of the sanll note privilege. This is shown by the fallowing summary given by President Morrison himself in his report: " A compailon of the eonniti.in of Ihe Bnk en the 15th day of November lat, ( IS45.) wilh it condition on the 16th d.yof November of the preceding year, ( I S 14,) exhibits the following, iz: Decrease of Capital St ck, -fnciexe on ti:counlrd note. Increase of l ilts 1 exchange. Increase of depoite, -Iicrezt cf circulation, Dr.caCAic or Srrcte, From Ihe lame Report we learn - - - $17,034 37 - AS.I86 44 - 73937 30 - 66,520 Ü9 - t3r 548,1 39 50 63-40,644,93 further tbat the present JJ.0S7.P94 50 amount of Capita! Stock is Amount of ciiculation cut of Bink, ii 3,517.551 59 Excess of circulation over erüUl tock, f 1,439.456 91 Clrcu,lton. out of Eank, ai above; Specie in Back, Excess of circulation over rpecie, $3,517,351 59 1,079,363 24 J 2.4 17.933 21 Over $3 25 in paper to $1 in specie. These statements of the President of the Bank very conclusively show,' that the Bank is doing its full share in aid of the expansion which has been going on during the past year. Before the. concern came into the hands of professed democrats, it had been, through the virtue of vigorous lashings, brcught from a stale of collapse into one approaching healthfulness. It remains to be seen whether it is again tobe permitted tö travel the road to ruin, under the unwilling responsibility cf the Democratic party. It is for the present Legislature to settle this question; and the further one, of the future ascendancy of the Democratic party. Tiiere i danger ahead ! Let those interested look to it. COKUESroXDEXCE. WASHINGTON. ) Wednesday TJ renins, Dec. 10, 1345. $ Mebsks. G. A. ä: J. P. CuArsAN :--Ve have had our full share of excitement thus fx this week, growing out of the election of officers for the Seriate: My last informed you of the nominations made by ha caucuses of the respective parties, on Friday. Öü Monday, the Senate met pursuant to adjournment, and after the usual preliminaries, the order of the day, the election of officers, was called up ; when, for some cause undefined, probably an impression that Senators were not fully prepared to act understanding!1', a motion to adjourn at an early hour, prevailed. After the adjournment, a new caucus of democratic members was held, at which the nominations of Friday were re-confirmed, br rather renewed. On Tuesday the election was gone into. On the first ballot, Llr. Dickens, (the present incumbent,) received for the office of Secretary 25 votes, and Sir. Sttirgis, the nominee of the democratic caucus 24. It may be proper here to remark, that 23 democratic Senators or those professing to bo such, are iu the City. One of these, Mr. McDuTie, is confined to Lis room by sickness. The remaining 27 were present. There ware also present 22 wings. So that oa a strict party vote, the democratic candidate would havo succeeded by a majority of three. Jhat tlie result should be as it is, may appear unexplainable to you. It is certainly so here. After the election of Assistant Sergcant-at-Arms, the Senate proceed to the election of chairmen of the several standing committees, which was partially progressed in when the hour for adjournment arrived. To-day, this matter was renewed and completed with the following aggregate result. Military Affairs, "Sir. Bonton. Foreign Affairs, Mr. Allen. Fimnce; .Mr. Calhoun. , Commerce, Mr. Haywood. Claim, Mr. Bigby. Manufactures, Nr. Dickinson. Agriculture, Mr. Sturgeon. Militia, Mr. Atchison. Naval Affairs, Mr. Fairfield. Publie Landsi Mr. Breese. Pr irate Land Claims, JUr. Levy. Indian Affairs, Mr. Sivier. Revolutionary Claims, Mr. Sample. Judiciary, Mr. Ashley. Post Office and Post Roads, Mr. Nile; Roads and Canals, Mr. llannegan. Pensions, Mr. Upl.am. District of Colur.ibu, Mr. Haywood. Patent Oßce, Mr. Cameron. Continent Expenses of the Senate, Mr. Niles. Pullic U ail-lings, Mr. Cameron. Printing, Mr. Atherton. Rztfenchmcnl, Mr. Lewis. Territories, Mr. Westcolt. Engrossed Diäs, Mr. Chalmers. A message was received on jesterday, by each House, from the President, transmitting copies of the Constitution of the new State of Texas, and asking for its admission into the Union. A bill for this object was introduced into the Senate to-day by Mr. Lewis, which, on motion of Mr. Turney, received two" readings,' and was then referred to the committee) on the judiciary. A joint resolution for the same object was also introduced into the House, by Mr. Douglass of Illinois, which, after two readiugs, was made tlie order of the c!iy for Tues2ay EcSti Sundry remonstrances against the admission of Texas as a slave State, have been presented by Mr. A dims: and some bv other members ; which have been . . . . j laid on the table. TIMOLEON. S A LB OF SCHOOL LAXD In Jliiriii Comity, lndi:itt:i. OTICB I Itwhy riven, that Ihe f IkhI land, being Mellon nnm1 hcrix'een,,I5; hi dm-reaiiionnl township number tweniyt, (2C) north, ran? ntinrlier Mmii (4) eart, itinte ia Ihe county of Miami and Sl.iteuf tndmna,3 m'ne S. S. VV. from Pern, the trmnlf ejt of said Canity, will r,e. effred for ai by the undemyned oa Tuesday ih I'lih day of Febtuary, A. D. 1813, between the bouraot ID o'ckn k, A. M. and 4 oVUick I'. Al.onsalJ day, at Ihe door of the l oitrt Ahiws, (to w il, the Trend trrfc. Church, now cwed a a Court Ihm,) iu the town of Peru, in aid county, In aepuate " 40 acre, (u a lew hundredths f an acre vrvt, and aoin a few lea,) acrordins tu a division of the pm,r trustee of aid township, and ttrvryl by Hie pnn coonl Surveyor, a part oi" which will I eali Killed oft tha day U Kle. Tile afutroid nl wiU be nifcd ul.ject to the fiilloH lug condition, lo wit : One fourth of tbe purchaM -ey to be piid oh Urn day U S..U, If inter (7 percent pet annum) tut tlie reiliie for one year in advance, and the reiilue in every D tear frin t-H sale, wlitl wilh like tntT"t annually in amnee. . ... I . ... I. W9 t? A ...4 ... .t i I tPi..M Mini county i-,f "'yt ".' T' vV. a - . - .... . . i Ii..... v " ' . 1. 1 . . Dec 6, A D. Itli. Ii. I II. 1L.M1LAUA1.U rrnoi icra. Miami Von my. Slate f Iiulirtna Coono County.' Doi'.ve riolUTt rct ar, November Trau, S43. Joeph Lrimore, Adm. ef James Berrihitl, deceased, VI. JMher Bcryhiil, Alexander M. Ben j hill, Jieph Betrjhtll and others. . . . . , Complaint of lasohensy. .. , GOMES now tha aid Joeph Laiimore, adniinUtratoi of raid deceased, and it appealing to tte Court that the wiits herein iurd have, been returntd!.erved n the said defendants, except said Joseph Reiryhijl, and on motion o( (aid almiuistiator Ihi caue is continued to the next-teim of this Court, and publication oideted at to (aid Joseph Uerryhill in Ihe In liana Suta Sentinel, a weekly newnpe published at Indianapolis in said State, otify if toe MW Jo-eph Berryhill thai said petition f insolreocj 71 pendinj in itii Court, md if not ! f nie,,Jf;,tI befie it.. ealTuur of the causa at tha next term ol fti4 Cuit, the sime wiU be laken as confewed aud uu arM.t him. . , . t-i-t rivr nv Gafoa b Svir, Alt' for Cumi-U 51-3 is Sfitr of Indiana Boone CkMintr. wntiin hm ruomo. , juitu. a... to (vivinent. rovemtr 15,1913 JI-JT!"
