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14
The effect of public debt upon communities, is the same ss
debt upon individuals. It shuts the door of hope—dispirits
and paralyzes their energies. A public debt is a public
calamity that curses the living, and wastes the estate of the
dead. Its enormity at this time in the several departments
of our government, is a source of serious alarm to the pru-
dent and thoughtful. So great is the debt of the Federal
and State Governments, that when added to those of a local
and municipal character, an army of agents and tax-gather-
ers, at great expense to the people, have to be maintained tor
gather from them the means to pay the interest, much less
the principal. Every branch of industry feels the bur-
then; every transaction, great or small, has some burthen
upon it; property is burthened; the earnings of toil,
whether of body or mind, is visited; the home that shelters
is taxed; the garments we wear are taxed; the bread that
satisfies our hunger is taxed; everything is taxed. No man is so
much dreaded and shunned as the tax-gatherer. The rich
hide themselves to escape his inquisitorial visits. The poor
meet him with sad and angry countenance. His presence is
everywhere and among all men, like the blight that kills
and the pestilence that desolates, and leaves little else than
grief and suffering.
All of which is respectfully submitted.
JNO. H. BARNES, Ch'n.
FENDALL MARBURY.
O. HORSEY.
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