Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1836-12-12

a.
! trbe result of the confidential inquiries mace
! mt, the condition aud prospects OF The he"i' oe
Aslnr.d Texan Government, VIII "e eo'hi"o"'e"-
II Ia sun ia The eoutae oi ihe SesS'o''
r,n,n,rel,,l treaties, promising grch adsanta-
prs TO our en,erl,rlsllg merchants anu n"'s'
tors have lern formed with tie distant ''ofefh-
nrn,s of Muscat and siam. The raiiicaliohs
n,,e been Exchanged, but hive not reached The
Droart,psnt or state; copies of the treaties viii
be transmitted to sGu, Il received briofe, pr pub
Il. he'd. II arriving alter the close ot tie pres n
session al Congress.
Nothing has occurred IL Inierfdpt The Eoob
understanding that has long existed vii, the Dar-
harA Powers nor Ia check Inc good VII "hlch i
prtdual. pro,siug up III or Intercourse WIZ tle
4 dominions OF the Government oitlic distinguish
! cd Chief of the Ottoman EmpiHe.
Information has been received at the Depart
men, of State, that "A treaty with the impcI"r oil
/ Noroec, has lus been negotiated, which, hope,
viii l,e received IN time 10 he LAID before tic Sc
MIR pre,ioi,s IL the close OF the sesslbii
You Will perceive, from the Report oi lie
Secretary of the Treasury, that the hhahelh
means of the country continue to keep pace with
rs impro, cncnt IN all other respects. lii" re-
rcip,s into the Treasur, during the present year,
viii amount 10 about : l. ,G9l sos those from
cu,oms brinp estimated mt so ,J93, lJl those
from land,, at about 81 100000, and the resi-
due from Miscellaneous sources. The tXpchdi-
lures for all objects during the year, are cNl'iha-
ted not 10 exceed SI2 100000, which will leave
"A balance III the Treasury, for public purposes
a, the hrs, da, of January nexi, ol nho"t Sil,'
/ 7l3 $50 This sum, with the exception OF 1--we
millions will be Transferred 10 the several States,
n accorinnce with The provisions ot the net fcg-
uitng the dcpostes oi the public money
The uncNpeudcd balances OF Appropriation, on
/ i tim tt.s Al
81 .636 ,o62, exceeding by ,.9,636OO2, the II
mount which will be- lclt in the dcposnc banks,
subject To- the draft of the Treasurer OF the nj
ted States after the contemplated transfers Ia the
several Sla,cs are mtlc Ii, therefore, the iu-
iurc receipt, should moi be sufficient 10 meet
these outstanding andiunrc appropriations, there
NAV be soon II Necessity 10 use portion oil Inc
funds deposited with the States.
The consequences npprcl,cnded, when the de-
posltc act of HE last session received reluctant
approval, have been mcaSurably talihcd.--
Though an act merely Tor the dcposIle oi the
s,lrplu, MONEYS of the United States IN the State
Treasures, for safe keeping, until they may be
wanted for the service of t,e General Govern
mrnf, II has been extensively spoken oil rs IN ac'
To 1--WE the money 10 the several States, and they
have been advised 10 IT ms .lfl, without re-
gard 10 the means of rciunding it when callct
Tor Such n Suggestion has doubtless been mad,
without due consideration OF the "hlgalion %
the dcposlic act, and without u proper attention
to the various principles and Interests wl"cl' are
affected by II. II IL Uli,t.st that tie law H@el
, cannot sanction such Suggestions, and that, n
il now stands, the States have no more authorii,
To receive and use these dcpos,tca, without IN
! tending To return thew, than any dtpositc bank
! or any individual, temporarily charged with th,
,afc-tccplng or application OF the public money
! would now have tor con,elIn. the same To then
. private use, without HE consent and ngtius the
will of the Government. But, independently %
the violation oi public f,uh and moral oh,gatiui
whicl, are involved ~ tins suggestion, when ev-
amined IN reference to the terms OF the prCNcn
dcpositc act II ls believed that the consideration:
which should govern the future legislation %
Congress on this object, wall bc equally concn
u sivc against the adoption OF ANY measure rceugn
sing the pr,ncip pies on which the suggestion ha.
I been made.
Considering the intimate connection of tn,
! subject with the financial interests OF the conn
Try, and lis great lmporiancein whatever a-prc
II can he viewed, ! have bestowed upon 1t tn
, most an xious reflections and feel ii To he my du
" to state to Congress such thorgh,s as hive oc
Cured To me, 10 AID their dclbcralion IN trcnlin.
II IN the manner hest calculated Ia condurc I,
the common good.
The experience OF other nations admon>hcd II
TO hasten III, eNin21jShmrnt OF the public debt
lini II twill BE- IN van hht we have cnnsraiulatrt
c each other upon the disappearance Of TN, cvil,
> we do not guard agaln>t the equally great one g
promoting the unnecessary accumulation Oh publ,
: revenue. No political maxim is better establish
\ ed than ihai which tells us, that an inpio,idru
: expenditure OF money is the parent ot profgac,
and that no people can hope 10 pciprtuair thci
liberties who long aequc>cc IN a polley which lnA
rs them Tor objects not necessary 10 the lruui
mate and real want, of their Government. Flat
tcIing is the condition OF our counirv NJ III
! present period, because OF us Nampied ldvauc
IL all the steps ot social and political improve
mcn, il cannot be dis .ui>rd than there i, a urMin
danger always apparent IN the neglect al this wat
ning lruii, and that the time has arrived When lh
: Representatives of the Pe"I lie should hr employ
ed IN dc'lslng some more appropriate fcmrd
: than now exists, toasrrt ii.
Under o0f present revenue sNstrm, thelr is eve
~ probability that there will continue 10 be a s,r
plus beyond the wants of the Government, and
has become duty IN decide whether such re-
g sui be consistent with the true OBJECTS OF uur Go
y Ncrnmcni.
' Should a surplus be permitted 10 accumulate
beyond the appropriations, II must be retained i
the Treasury it is, or distributed anon
: the people of the States.
To retain it in the Treasury, unemployed in "A
: ny way, is impracticablr. 1t is, besides again,
l the genius oi our free Institutions 10 lock up il
vaults the trr;lSnir OF the naiiou To take iion
the people the right of hearing arms and PA, tl,ei
weapons of defence in tue hands of Il standing ar
my, would he scarcely more dangerous 10 tlci