Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1813-03-27

those successors, the next and succeed
mo congresses, will be disposed to take
upon themselves the odieus ana unpo-
nuIar. task of laying directly upon the
peorle the monstrous load OF taxes v h'el,
rue maintenance of this disastrous anu
d,spraceful war; requires, 81 presume
they 4sM nor. The wnole oody OF 'sue
ralists and peace members VINO !. ."es
do not constitute majority, VIII at ieas'
approach to an equasl,y of numbers win
their opponents) must necessarily reluso
their votes to every bill for raising ''.o'
new to continue the war. The very p'in,
ciple of their opposition to the war Will
REQUIRE them to withhold all suppiies'
They too may be presumed 10 na's
some regard to their popularity; WHICH
tsey would be unwise to sacr,hce OF ma
zard in case like the present; 10 TAKE
upon their shoulders the heavy and odl-
Gus burdens which the authors OF them
would not touch with one OF their nm
gers. The whole responsibility, then'
for the imposition Of taxes, VIII rest
upon the heads Of the war members
small majority of the whole house Ana
will these men, who will make every
sacrifice to acquire the favor OF the peo-
ple-men to whom the popular breath
is their vital air-will these men COM
nit political suicide Will they, IN the
actual state of the war, and OF the pub
lie mind respecting it, expose their own
popularity and the power OF their party
to Certain ruin, by laying such taxes =
Upon their heads exclusively would
fall the reproaches, the resentmcnts' and
tie curses of the people when the tax
CATERERS demand the money. These
reproaches, resentments and curses they
will anticipate-and take care how they
give occasion to incur them.
eButis not the new congress 10 be assem-.
Died in May, Oh purpose to lay the war
taxes? That is the avozved object; and
byayowingit, the war party imagine that
monied men, expecting that adequate
funds for paving them will then be pro-
yided, will be induced to come forward,
and pour their dollars into the treasury,
until it shall be filled. To insure such
success, the president is vested with
power to borrow, at this time, SIX
TEEN MILLIONS of dollars, on any
terms. He IS under no restraint. In
the first instance the secretary OF the
treasury offers to lenders an interest OF
seven per cent and if this should not
prove sufficiently tempting, the pres'-
dent may engage to pay any higher rate
OF interest at his pleasure Tor as was
said by Johnson "a jealous war member
from Kentucky" Government must *
would have money, and it they could
not get it at sir, they woulo at sixteen
per cent" Ne. being disposed to quas-
ton MIR. Johnson's yeracity, or opinion,
in this manner. (for bis zeal aud activity
in the caxse must have entitled him to
much executive con6dencs) l an Dot at
liberty TO entertain doubt ttIa, an enor
nous and unheard of interest will be
promised, rather than fail OF obtaining
the money. o., which amounts to the
same thing, a treasury bond. or esrti-
fcste. may be given for a thousand dol
lars, when only niue hundred, or any
less sum, may be actually received ct
the lender. For this also is in the pre-
sident's power and his party in en-
ssess positively rejected any limitation
If it And actually to obtain the many
millions so pressinsIy wanted, unexan-
pied sacrifices will unquestionabiy be
demanded and made For improvident
speRdtariits-BiSn who, making no cal.
cUIailens Of their means, rush headloDg
into scenes Of boundIess expense-mus,
necessarily be III bad credit ard such
men always pay dearly for their accom-
mediation, and the sisk run By The mo-
ney lenders. 10 what degree ST pecu-
mary creGit the present government Of
he United States are eD,itied-and VIE
Their :hose who. in Tie cctual state and
circumstances u ire country, shall Ioar
them money, especially at exorhi'ant in
terest or discount, may eouitabiy claim
reimburssu. cnt, remain 20 be consider
cd.
TIMOTHY PICKERING.