This best guarantee of security to investments found in recourse to the national courts for nearly threequarters of a century must be withdrawn. it is said. and the holders of private obligations in the North and East. of town bonds. municipal bonds and other corporate liabilities of every character under the sum of $2.000. must be remitted to the State courts for their rights! A dangerous proposition. Mr. Speaker. a bold proposition! Let not gentlemen deceive themselves as to the value of this security. Capital is timid. it demands security. it is never a wanderer whose return is unexpected and unhoped for. And Texas indorses this proposition. the great growing empire State of the Southwest. which invites capital and which invites immigration. [Here the hammer fell.]
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immigration