Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1833-12-05

IS3T, CDmparcI pFtstnt
be still more diminished by the reduced rates Of duties
which take place the first OF January next some OF
the important aud productive articles Upon the
best estimates that be made the receipts of the next
year. with the aid Of the unapproprated amount ~
the Treasury, will not be much than sufficient to
meet the expenses Of the year and pay the small rem
nant of the national debt which yet remains unsashed
cannot therefore, recommend to any alteration IN
the present tariff Of duties. The rate fixed by
law the various articles adopted at the last session
OF Congress as matter OF compromise with unusual
unanmy, and unless it found to produce more than
the necessities Of the Government Call tor, !herc would
seem to be this time to justify change.
! Bat while forbear to recommend any further reduc.
lion of the duties beyond that already provided for by
the existing laws | must earnestly and respectfully
press upon Congress the importance of abstaning from
all appropriations which not absolutely required tor
the public interests and authorized by the powers clear
ly delegated to the United States. We are beginning
new era in our Government. The national debt, which
has long been burthen the Treasury, VIII be hnal
! ly discharged in the Of the ensuing year. No
more money will afterwards be needed than what may
be to meet the ordinary expenses vi the Coy
ernmeut Now, then, is the proper moment to hx our
system of expenditure firm and durable principles ::
and Cannot too strongly urge the necessity OF a rigid
economy, and lnex5e determination not to enlarge
the income beyond the real necessities of the Govern
ment and to increase the wants OF the Government by
unnecessary AID protuse expenditures. II contrary
should be pursued may happen that the
of 1884 will fall short of the demands upon it and after
reducing the tariff order to tighten tie burhens OF the
people, and providing for still further reduction to take
effect hereafter, it would be much to be depored it, at
the end of another year, should find ourselves obliged
retrace steps, and impose additional taxes to meet
unnecessary expenditures.
my duty, onthis occasion, call your attention
the destruction of the public building occupied by the
Treasury Department, which happened since The last all
tournament OF Congress thorough inquiry the
of this loss directed and made at the me the
of which will be duly communicated to you. | take
pleasure, however, in stating here that by the alabe
of the officers of the Department, and many of
the cIzlns OF the strict butew papers were lost and
none that will materially affect the public interest
The public convenience requires that another building
should be erected practicabe aud providing
it, it will be advisable enlarge, manner the
accommodations for the public officers Of the era De-
partmens and TO authorize the erection of suitable de-
pos tories tor the keeping OF the public documents
and records.
Since the last ad iournment of Congress- the Secre-
tary OF the Treasury has directed the money OF the
United States to be deposited in certain State
Banks designated by him, and he will Immediately lay
before you hs for this direction. concur with
him entirely in the view he has taken of tAe subject;
and some months before the removal, urged upon the
Department the propriey oftakn, that step The
approach OF the day which the charter will expire,
well the conduct Of the Bank, appeared me to
call for this measure, upon the hga considerations OF
public interest and public duty the extent of its
conduct however, although known to be great, was not
at that time fully developed by proof. 1t until
late IN the month OF August, that | received from the
Government Directors official report, establishing be-
yond question, that this great and powerful institution
had been actively engaged in attempting to influence the
and that, IN violation ot the express provisions of
charter had, by formal resolution, placed its funds
at the disposition OF its President to be employed in sus-
tanning the political power OF the bank. copy OF this
resolution contained in the report ot the Government
Directors, before referred to; and however the objects
may be disguised by cautious language, doubt
that this money III truth intended for electionee rng
purposes, and the particular to which proved
have been applied, abunsnty show that it so n
dersood Not only was the evidence complete, as to
the past application OF the money aud power OF the
bank, TO eiectoncerng purposes, bot that the resolution
OF The Board OF Directors authorized the course
be pursued in future.
/ 1t being thus established by unquesionabe proof
that the Bank OF the United States WAS converted into a
permanent cieconeerng engine, appeared to me that
! the path o duty which the Executive Department of
The Government ought to pursue, doubtful As
by The terms OF the bank charter officer but the Sc.
crelary OF The Treasury could remove the depostcs, it
seemed to me that this authority ought to be at once ey
ered to deprive that great corporation the support
and countenancc OF the Goyern, such AN use of
It's funds and such exerton of power In this point
OF the case, the question distinctly presented whclh
the people OF The United States govern through
representatives chosen by their unbiased sufrages
whether the power and money OF great corporation are
to be secretly eXerted 10 influence their alignment and
control their decisions. IL DC determined
whether til. bank is TO have its candidates for all offices
III the country from t- highest to the lowest, or whc-
ter Candidates on both SIDES OF political Questions shall
be brought forward heretofore and supported by the
usual means.
Al tins time the Efforts of he Bank to control public
others, are equally apparent, and, if possible more OBJ
j. Jectionable BY curtAilnent Of its accommodations
more rapid than amy emergency req lres, and even
"h"e IL Retains specie to an almost unprecedented
amount Ia Its vaults is attempting to produce grea,
embarrassment IN one portion OF the atty, while
through presses known to have been sustained by its mo-
ney, II attempts, by untUunGed aarms create panic
in all
These are the means.by which it seems to expect tia.
1t Can force restoration Of the depOsteS, and as ne
ceSsay consequence, extort from Congress renewal of
S Charter Lam happy t. kno" that, through the good
sense OF our people, the effort get up a panic has hi
terlo failed, and that. through the increased accomm
cations which The State Banks been enabled to al
iord no pubic distress has followed the eXertioms of the
Bank; aud cannot doJbed that the exercise of ne
power, and the expenditure OF its money! rs well as its
etoits to spread 6roundess alarm, will met and re-
ouKed as they deserve. In my sphere of duty |
should feei my sci! called by facts disclo ed to or
der scare tacaS az 4n,t the Bank with view to nut
an end to the Chartered rights has papaby yolat.
Cd were 1t not that the itself will expire as soon