Indiana.
Correspondence Of the Herald.l
INDIANAPOLIS, Qndiana,) Dec. 26, lS44


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INDIANAPOLIS, CIndiana,) Dec. 26, ls44.
La,o and Logic on the State Dsbt--Socrety and


Sawsages.


EDITOR New YORK HERALD:- e


Indiana is certainly great State, if one were to
Judge from the number of senators and representa-
tves who are annually sent here a. law-givers for
people in modern times. solon in his palmiest
days would be thrown far in the shade could he
only put on this s'mortal COLI which he ''shuffled
Off some time since, and re-appear in the legisla-
tive halls among the combined wisdom now con-
gregated at the capitol For the want of some mole
useful and interesting employment, | spent few
days as "looker on at Vienna at the doings Of
our sage and worthy, (or as Shakespeare has IT'D
''grave and reverend seignors," who are now enga-
ged in enacting laws for the hoosler people. Such
an assembly OF "dolts" my eyes never before saw
collected together that is, OF men who pretend TO
be the repre- sentalives OF a free yeOmanry. Verify
and in truth, there is not half dozen lntelll-
gent looking men in the whole assembly, which Is
composed OF fifty senators and one hundred repre-
sentatives! Now to expect such body to pass
laws of wholesome and salutary character
would certainly require more than ordinary scope
of the fancy. And yet there are some men even
in the city OF Gotham who imagine that the hoosier
Legislature will pass bill this winter taxing the
people to pay the interest due upon the State Bonds
Vain hope! Il will never be realized. True, as
Shylock would say, "it was so nominated in the
bond" at the time the stock was issued, that the
interest would be promptly paid but, sir, in these
days, when defalcations are SO common in high
places, and where States well as individuals make
a boast of their bankruptcy, it is idle to suppose
the tax paying people will ever consent to be sad
died with the accumulated debts of set OF
politicians and fnan fiers whose career of bam-
boozling the natives would disgrace even
Hottentot! Such pious souls as Nathan Hale and
Horace Greeley, and their Wall street allies, may
attempt to puff up the honesty of our peo-
pie, and call, upon Hercules to wipe, out
the debts under which this and other States
are groanlng, but it will be like calling g spir-
its from the vasty deep"-they will not come at
their bidding. The truth requires it at once to be
known, that the legislature Of Indiana will make
no provision during the present session of the
General Assembly, (and may add at no future
time), to pay the interest now due upon her bonds
State Bankruptcy is inevitable, and lhe holders Of
Indiana bonds had better sell at whatever prices
they can obtain, tor all hope of relief from this
State curing the next quarter of century, if ever
is out Of the question. For giving you this mpor-
tant item of news, / expect the Wall street gentle
men, as we'll as pious David Hale and Booby
Brooks" will pounce on me as maligner Of State
credit! Let them. IT'S their vocation. Iconsole
myself with the reflection that " there is nothing
beautiful but truth" Yours,


WHITE Doc AND BLUE PUP.