g -. a, -a,-.r.-«.*^4-jiLp ii-ac^a 



^l)c iiiimcr'5 iHontl)l|j iliyitor. 



i O.J 



iilly ; voters, ritizeiis 21 years of asje, ri.'Siding C 

 iiiuiitlij ill ilje cuiiiity uliorc tlicy vote; luftislii- 

 liire meet first Monday in Oi-lohei-; iiieiropoliti, 

 Niis^livillc ; aiiimul exjieiise ol' slate iiistiliiti(jiis 

 134,000 (iols.; iiiuijiliers in tlie National lUuise of 

 Representatives 11 ; capital employed in l'cirei!;ii 

 trade 1,405,000 dols.— in nianidactuies 4,170,000. 

 erop of cereal firain of 1843 estimated at ()5,000,- 

 000 bushels; of cotton 35,000,000 ll>.; of tobacco 

 37,000,000 lb. Public debt 3,398,000 dols., inter- 

 est re;;iilarly paid. Interested in a bank anil in 

 ()5 miles id' railroad. Contains no repndiators. 

 Tennessee is scarcely aware tliat slie ovvcsany- 

 thiiifT. ll" it was doubly as large as it is at pres- 

 ent it would cause licr no anxiety. 



Ohio. — Seltlt'd in 1788 by Eii'ilisli ; admitted 

 into tlic Union in J803; contains a population of 

 1,750,000 inliabiianis ; extent of territory 30.0C0 

 English square miles; geiier;il election second 

 Tuesilay in October : voters, citizens 21 years of 

 age, 12 monilis residents in the slate ; le;L'islatmc 

 meet first Monday in December; ineliopoli.'!, 

 Columbus ; aiiiuial expense of slate institutions 

 920,000 dols., members in the National House of 

 Representatives 21 ; capital employed in foreign 

 trade 6,000,000 dols.; in maiud'acinVes 19,000,000 

 dols.; crop oi' cereal ai'aiii of 1842 eslini.-iled ai 

 100,000,000 bushels: of lobacco 7,000,000 1b.— 

 Public debt 17,000,000 dols., interest punctually 

 j.aid. Inlercsii.'d in ilU8 miles of caual, 50 of 

 railroad, and 530 of .M'Adamized turnpiUe. 



Ohio owes a large debt, but slie has promptly 

 paid tlie interest upon it. Etibrts have been 

 made to injure her credit, but .■^hc will nobly 

 sustain herself come what may. iler canals are 

 nearly all completed, and most of them will de- 

 clare large dividends heiiceli>r\vard — divideiuls 

 ibat ultimately will relieve her citizens from tax- 

 ation. She is ill all respects one of ihe most 

 prosperous of the American States. Her growth 

 is without i> parallel in the history of the world, 

 iiut well-tlirectcd enterprise has kept pace with 

 it. No one within her limits has uttered a woitI 

 or written a line in favor of repudiation. 



Louisiana. — Settled in 1699 by French ; ad- 

 mitted into the Union in 1812; contains a popu- 

 lation of 372.41 1 white inhabitants and 178,000 

 negroes; exieut of territory 48,000 English square 

 miles; gener.d, election firsl Monday in July ; vo- 

 ters, citizens 21 years of age, resident.s of the 

 parish one year, and paid laxes six inonlhs be- 

 fore voting; legislature meet first Monday in 

 Jamiary ; metropolis. New Orleans ; annual ex- 

 jiense of state insiitiii ions 690,000 dols., itieitilnirs 

 in the National House of Representatives 4 ; ca|)- 

 ital employed in foreign trade 17,000,000 dols.; 

 ill inaniifictuies G.450,000 dols.; crop of cereal 

 grain of 1842 eslimaled at 8,000,000 bushels; 

 of cotton 200,000,000 lb.; of sugar 134,400,000 

 II).; of mola.s.-^es 4.000,000 gallon's. Public debt 

 23,985,000 dols. Interested in G5 miles of rail- 

 road, and 85 of canal, and in banks to a large 

 nniount. Louisiana suffered her credit to be- 

 come dishonored last winter by failini: to pro- 

 \ide Ihe interest on a small ])art of her bonds. — 

 This was occasioned by the failure of the citi- 

 zens' bank of New Orleans, a result wholly un- 

 expected. She is too rich, too powerful, not to 

 repair the injury which she has snsiained, at an 

 tarly period. Gondliolders may rely upon a 

 faithful comi'liance with her contracts. She is 

 free from re|iudiator.-. 



Lndiana. — Settled in 1700 by French ; admitted 

 into the Union in 1810; contains a popidaiioii of 

 8.50,000 inhabilants; extent id' territory 36,000 

 English square miles; general election in Au- 

 gust; voters, citizens 21 years of age, 12 months 

 residents in the state; legislature meet firsl Slon- 

 day in December; metropolis, Indianapolis; an- 

 nual expense of state inslitmions 127,000 dols.; 

 members in the National House of Repi-esenta- 

 lives 10; capital employed in foreign trade 1,250,- 

 000 dols. — in niaiiiifaetiires 4,437,000 dols.; crop 

 of cereal grain of 1842 esiini.iled at 65.00;),- 

 000 bushel.-.' Public debt 12,75},0G0 dul.s.' In- 

 terested in a bank, in 76 miles of canal, and in 

 about 100 miles of railroad. Indiana has paid 

 no interest on her bonds reoenlly ; nor is it cer- 

 tain that she will be enabled to ilo so (luring the 

 Ihe present year. Her public works are not lu- 

 crative and the money which she has in banks 

 cannot be realized. In time, however, her credit 

 will be retrieved. She has an ordei ly,industriou.s, 

 f cononfical population, who now that they see 

 their true condition are stimulated to increased 



cxerlions, calling upon no other Hercules for 

 aid than their fertile fields. Repudiation finds no 

 favor in Indiana. 



li.Li.Nois. — Settled ill 1740 by Frencii ; aii- 

 iiiitted into Ihe Union 1818: ciontaius a popula- 

 tion of 550,000 inhahilaiits; extent of terrilory 

 52,000 English square miles ; jieneral election first 

 Monday in August; voter.s, citizens 21 years of 

 age, residents in the slate six months; legislature, 

 meet first Monday in December; metropolis, 

 Springfield; annual expense of stale institutions 

 180,000 dols.; members in the National House 

 of RefM'csentatives 7 ; cipital employed in for- 

 i'ii;n trade 334,000 dol.s.; iii maiinfMciiires3,l()2,- 

 717 dols.; crop of cereal gr.-iin of 1842 estima- 

 ted at 45,000,000 bushels. Public debi 10,500,- 

 000 dols. Interested in 96 miles of can,-il, and in 

 r.iilroads to a small extent. Illinois has been 

 wofully discredited. She has pai<l no interest for 

 about I wo years ; but by forcing her bank into 

 liquidation she has diminished- her obligations 

 upwards of 3,000,000 dols. Her canal is uii|prol- 

 itable, because it is unfinished. It is to be regret- 

 ted that, instead of ex|/eudin:i money upon oth- 

 er stupendous projects, slie had not concentrated 

 her streivlh iqion the canal from Lake Michigan 

 to the Illinois River. This is a work of the 

 greatest utility, opening an outlet for her vast 

 [iroducis to C.inada, and to New York and Bos- 

 ton. .All her improveuients the late legislature 

 authorized to be sold, as well as a large body of 

 valuable lauds, fiirthe benefit of her creditors. — 

 She is young and el.istic, and cannot long be 

 bowed down by pecuniary oliligations. No one 

 in her coiuu-ils has dared to speak of repudi- 

 ation. 



Mississippi. — Settled in 1716 by French ; ad- 

 mitted into the Union in 1818; contains a |iopu- 

 lation of 380,651 white iiiliabitants and 196,000 

 negroes ; e.xtent of territory 45,375 English square 

 miles; general election in .-Xugnsl, biennially; 

 voters, (fitizens 21 years of age, residents 12 

 months, and done military duly and |.)aid taxes; 

 legishiture meet first iMonday in November; me- 

 tropolis, Jackson ; annual expense of stale insti- 

 stitnlions 216,000 dols.; members in the Nalional 

 House of Representatives 4 ; ca|iilal employed in 

 foreign trade 673,000 did.*.; in maniidictures 1,- 

 803,723; crop of cereal grain of 1842 esiiinated 

 at 20,000,000 bushels ; of cotton 25.5,000.000 lb. 

 Public debt 7,000,000 dols. Infere.sted in liroken 

 banks to the amount of 5,000.000 dohs., and in (iO 

 miles of railroad. Misjissip.pi upwards of two 

 years ago repudiated 5,000,000 dols. of her debt, 

 and has not even provided interest tiir the le- 

 iriaining 2,00(',000 dol.s. which she recognizes as 

 just. The majority in llivor of repudiation in this 

 state was e.\ceedingly meagre, and at the next 

 election ir is pretty certain that Ihey will be in 

 a powerless minority, utterly disgusted wiih the 

 disgraceful doctrine which they originated.— 

 Representatives have not been chosen for the last 

 two years. Mississippi will yet stand erect : 

 good councils wilKspeedily prevail there. 



Alabam.4. — Settled in 1713 by French: ad- 

 milted into the Union in 1819; contains a pop- 

 ulation of 60.5,000 white iidiabitaius and 250,- 

 000 iisgrnes: extent of territory 50,875 I'aiglish 

 square miles ; general election first ftlonday in 

 August j voters, citizens 21 years of age, resi- 

 dents of the state one year, and three iiioiiths in 

 the comiiy ill which they vote; legislature meet 

 fourth Monday in Oclobrr; metropolis, Tusca- 

 loosa : annual expense of state insiituiions 

 100.000 dols,; meinlxM's in the National House 

 of Represeiitalives 7 ; capital employed in fo-r- 

 eign trade 3,355,000 dols: in nianulactnres 2,- 

 165,179; crop of cereal urain of 1842 estimated 

 at 30,000,000 bushels; oV cotton 1,50,000.000 ll>. 

 Public debt, 1.5,400,000 dol.-. Interested in banks 

 which b;n'e been Ibrced into liquidation, in 37 

 miles of canal and in about 80 miles of railjOiid. 

 Alabama bus (leiermined to e.\lingiiish her di.dit 

 at (he earliest possible moment, and for this pur- 

 pose has forc<!d her funds fi-rHii the b.anks and 

 ieviei) la\es u|ioii her ciiizcn.s. She pays all de- 

 mands against her as they mature. Nol a solitary 

 repiidiator has vet been discovered there. 



Maine.— Settled in IftlO by English ; admilled 

 into till! Union in 1820; contains a population of 

 .502,000 inhabilanls; extent of terrilory 31,9(iO 

 English square miles; general election second 

 Monday in September; voters, citizens 21 years 

 of age, residents three moinhs befiire voting ; leg- 

 islature meet first Wednesday in Jaiuiary ; me- 



tropolis, Aii::nsta i annual expenses of siare insti- 

 unions 78,000 dols,; inemliers in the Nalimi.al 

 House of Repre.MMiiatives 7; capital employed 

 in foreign trade 1,647,000 dols.; in manufieliircs 

 8,800,000 dols,; crop of cere.-il grain, of 1842 

 estimated at (!,000,000 bnshel.s. Public debt I,- 

 000,000 dols. Interested in 20 miles of canal 

 and in 50 miles of railroad, IMaine jiays regit-- 

 larly. No repudiation there. 



li'lissouRi.— Settled in 1763 by Frenchj; ad- 

 mitted into the Union in 1821 ; contains a popu- 

 lation of 430,000 white iiiliabitants and 58,500 

 negroes; extent of territory 60,000 Enylisli 

 square miles; general elei^fion first Monday in 

 August; voters, citizens 21 years of age, resi- 

 denis of the State 12 months; Legislature meet 

 first Mond.'iy in November; metnqudis, Jefierson 

 city; animal expense of stale insliuitioiis 176,000 

 dols,; members ill the National House ofRepie- 

 sentatives, 5 ; capital employed in foreign trade 

 746,500 dollars; in nianufiictures 2,709,505 dols.j 

 crop of cereal grain of 1842 estim.iteil at 34,000,- 

 000 bushels; of tobacco 26,000,000 lb. Public 

 debt, 642,000 dol.^. No works of internal im- 

 provement. Missouri redeems her piomise.s. — 

 Her debt is so inconsideralile that she could not 

 do otherwise. She i.a a stale of vast substance, 

 and knows nothing of doctrines so odious as 

 repudiation. 



Arkansas. — Settled by Lonisianians and a 

 Terrilorjal Government Ibrmed in 1819; adniir- 

 led into the Union in 1836; contains a popula- 

 tion of of 1 15,000 white inhabilants and 20,000 

 negroes; extent of territory 124,000 Eii::lish 

 square miles; general eleciion in August; vo- 

 ters, citizens 21 years of age, residents of the 

 state tuelvc months; legislature meet in Decciii- 

 her; mctiopolis. Little Rock; annual expense "f 

 slate instilnlions 52,000 dols.; members in !.':e 

 National House of Ucpresentati-. iv. 1 : i . j.ital 

 employed in foreign trade 91,000 '''l!^.; in mar-'' 

 facturcs 439,037 dols.: cnqi of ciMeal gniiii of 

 1842 estimated at 10,000,000 bushels; oi' curmi 

 at 12,000,000 lb. Public debt, :!,2G3,0CO dols.— 

 Interesled in a bank; no internal improyeinents. 

 Arkansas owes for her age, a !ar;,e deb', upon 

 which a heavy aruount of interest rcma'ns un- 

 paid. Every year however, increases in a iiiighly 

 ratio her ability to comply with her obligations, 

 and as long as she continues honest in her pur- 

 pose, hopes may be reasonably eniertained thai 

 she will overcome her delinqnencies. The last 

 advices represent her as making vigorous efforts 

 to re-establish her credit. 



Michigan. — Settled in 1670 by French ; ad- 

 niilted into the Union 1336; coHi.aiusa popula- 

 tion of 250,000 inhabitants: extent of territory 

 65,000 Enirlish square miles; general election 

 second Tuesday in November; voters, citizens 

 21 years of age, residents of the cuiinty six 

 months before voting ; legislature meet in De- 

 cember; inetropoli.s, Detroit; annual expense of 

 state insliiiitions 141.000 ' dols.; nieiubers in 

 tlie National House of liepre.sentaijvcs 3; ca[iit,'d ' 

 eiiqiloyed in liireimi Iraile 178,000 dols.; in man- 

 ni'actiires 3,1.'5().360 dols.; crop of cereal graf i 

 of 1842 estimated at 20,000,000 bushels. Public 

 debt 5,6 1 1,000. Interested in 80 miles of rail- 

 road. Michigan reliises to recognise as binding 

 al)ont a third of the bonds which she issued, in- 

 asmiich as she received not a sou fortlM?m. She 

 has imposed t.ixes for the arrearages, on thiit por- 

 tion which she considers Iiona fide, as nejl :is 

 providing for the future interest thereon. 



Thus it will In; perceived tli;it ihe aggreg;ite 

 indebtedness of the states, as nearly as can be 

 ascertained, is 204,177,249 dols; ami that there 

 li.-is been no disposition manifested by any of 

 them to repudiate except ftlississippi and Michi- 

 gan. The total amount at any lime end.ingercd 

 by " Repudiation" did not exceed 7,000,000 dol.^., 

 less than a twiuity-ninlh |iarl of the bonds issued. 

 This sum c:innot, liowevi-r, be put down asliope- 

 lessly lost. In Mississippi lliere is a rc<leeniriig; 

 spirit abroad. The wrilerof this received by llio 

 .l;;st Boston steamer, hnters from that state, w liicli 

 aie full of encouragement that the Goths and 

 Vandals will at the approaching election, be 

 driven 'f!"-om the capital. .Ahhough Michigan 

 pleads that she received not the slightest consid- 

 eration for the bonds, which she declines to pro- 

 viile interest for, she wilt doubtlessly see the in- 

 justice, at an early period, of |iermiiling tlie in- 

 nocent jiiirchaser of her obligalioiis to suffer. — 

 in the cmbfirrii.ssed condilion of her treasury ami 



