Texas Bonds, Ohio!

The Galveston Civilian thus speaks of the Texar
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The Galveston Civilian thus speaks OF the Texan
Bonds that have been issued:


Texas has at present mode OF paying either prln-
cipal Interest Of this species of paper credit 1t IS not
even receivable for Public Lands II The United Sd'es
Government hereafter chooses to redeem this paper al Pcr
and take lands Texas will probably offer obJec-


ton but if Texas is to make payment she will possibly
have regard for the law OF equivalents and may
refuse be unable to pay ten fifteen millions Of dollars
in specie for that which neither realized to her nor cost
the holders one-thrd of that sum-"


On this the Courier d Enquirer remarks:


"The Civilian adds, that the prospect of redemption
of Texas money par is neither immediate nor clear
Unless therefore Government take precaution
against it. this accords with public opinion.
Texas likely the Union under the banner Of
repudiaon We take for granted, hopever, that in no
ercRt lciH this be alOred TO occur"


The Galveston man condesccnds TO have our
Government pay the Debt OF Texas if we insist on
it, and will let US have Texas lands therefor. he
frankly states the amount of Bonds at Ten Fijj
teen Millions of Dollars such fraction as Five
Millions is not Of much consequence, which ii ace
don't pay, Texas will in good part repudiate. She
isn't particular about it. But no, says the Courier,
Reputation is horrible. 1t must in no event occur
that is, Uncle Sam must shoulder the Debt Play
out your game, gentlemen When you are through
THE PEOPLE have word to say.