The Alexandria herald. [volume] (Alexandria [Va.]) 1811-1826, 1816-12-04

waning TO the hSCal prosperity OF the
government, the restoration of an uni
form medium of exchange. The re
sources and the faith of tho nation, dis.
played IN the system which congress has
established, ensure respect and conf
deBce both at home and abroad The
local accumulatiohs OF the revenue have
already enabled the treasury to meet
the public engagements in the local
currency OF most OF the states and II
is expected that the same cause will
produce the same effect, throughout
the union. But for the interests of the
community at large, rs well as for the
purposes OF the treasury, it is essential
that tie nation should possess a cur
| rency OF equal value, credit, and use
wherever II may circulate. The con.
sltuiIon has entrusted congress, ex.
| clusively, with the power OF creating
and regulating currency of that des.
| crIPtlon !; and the measures which
were taken during the last session, in
execution of the power. give every
promise of success. The bank of the
United States has been organised un-
der auspices the most favorable, and
cannot fail to be an important auxiliary
10 those measures.
| FOR more enlarged view OF the oub.
nc hnalccs, with view of the meas
ures pursued hy the Treasury Depar,.
| meni, previous 10 the resignation Of the
! tate Secretary, transmit an extract
from the last report of tina, Officer -
| Congress viii perceive in il ample
proofs o! the solid foundation on which
nc financial prosperity nf the nation
"rs's and will do justice TO the els
! uHSuishc1 ability and successful exer.
tons with which the duties of the de-
partment were executed during a peri
% remarkable for its d difficulties and its
peculiar perple xitles.
| Ihe period Ut my retiring from the
pnoiic service being at little distance,
shall hrd no occasion more proper than
The present, for expires ing to my fcl.
! iow>cltlzenS ny deep sense Of the con.
tinued confidence and kind support
which have resolved from them My
| grateful recollection of these d SIN
Sulshed marks OF their favor bic regard
can never csse and, with the con
'ciousness that il have not served nv
country with greater ability, have ser
Ned 1t with sincere devotion. will &C,
company me as o source OF unfai!in!
Igra'iication.
happ'iy, shall carry with me from
he public theatre. Other sousces, which
t1hose who love thei" coua:ry most VII
pest appreciate. .. stall behold i
blessed with tranquility and prosper.ir
at home, and with peace aud re,pe Il
shroad. | can indulge the proud ra-
hsc'Ion, that the American people have
reached in safety and success their for
ueth year as an Independent nation ;
thar Tor nearly an entire generalion,
they have had experience Of their pre-
sent' Coz stitution, the offs pring of Their
uadisiurbed deliberations ana of their
iree ch0icc; that they have iourd IL 10
bear the TRIALS OF adverae as wei as
prosperous circumstances, to Contain, in
It's combination Of the federatc elective
principles, reconciiement OF public
strength with individual liberty, OF ia.
uonai power for the defence of national
tights, with security against wars of
| injustice, OF ambition. or of vain piorV,
III the fundamental provision which sub
Jects all questions of war to the vii of
the nation itself. which is 10 paw its
COS and feel its calami5ie. Nor i: II
less peculiar felicity OF this cousti;u
tation So Gear to US all, that il is found
20 be capable, without losing its vital
energies. OF expanding itself over .
spacious territory, with the increase
| and expansion Of the commnnity for
whose heneh it Yss established.
| And my I not be allowed 20 add to this
gratifying fpectaclc, that | fball read. in
the character of the American people in
lhelT devotion to TRUE liberty, and to the
contribution which is its palladium, fire
PreiageS, that the defined career of nv
country Will exhibit a government pur(u
ing the public good as its fole object and
regulating It's means by the great principles
conieerated in its charter, and by thofe
moran principles to which they are 10 we'll
aiiied a government which watches over
the purity of elections, the freedom OF
ipeech and of the prefs, the trial by Jury,
and the equal interdict aga,nR encroach-
ments and compacts between religion and
the fate, which maintains inviolably the
maxims of public faith, the fecurity of
Perions and property, and encourages, in
every authorized mode, that general diffu-
fion Of knowledge which guarantees to
public liberty its permanency, and to tfole
| ,,,h, rs,Uaf, 10 IL, 80. =