The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1837-09-16

needed, TO de|ray existing appropriations;
and as it is now evident that the whole, or |
the principal part of it, will be wan'el for |
that purpose, it appears most proper that the |
dpposites should lie witlhe'd.-Un,l the !
amount can We collected from tie hanls
Treasury notes NAV be temporarily issued
to he gradually redeemed as it is received.
am aware that tlis course NAV be pro-
dnciye Of inconveni nee to many Of the
States.
Relying Upon the acts of Congress which
held out to them the strong probability, if
not the certainty of receiving this install
ment, they have in some instances adopted
measures with which its retention NAV Sc
riousy interfere. That such condition of
things should have occurred is much to he
regretted. 1t is not the least among the
unfortunate results Of the disasters of the
tines and it is for Congress to devise fiji
remedy, if there lie one.
The money heing indispensable to Il c
wants Of the Treasury, it is difficult TO CON
ceiye upon what principle of justice or cx-
pcdcncy its application to that ohjectcan be
avoided. 70 recall any portions of tie
sums already deposited with the States,
would he more inconvencnt and less ptli-
cirnt. 70 burden the country with increa-
sed taxation, when there is in f"ct large
surplus revenue, would be unjust and un-
wise; TO raise moneys by loans under such
circumstances, and thus TO commence new
national debt, would scarcely be sanctioned
| hy the American people.
The plan proposed will he .eluate to
all our fiscal operations, during the remain
der of the wear. Should it be adopted, the
Treasury, aided by the ample resources of
the country, will he able to discharge, pune
ually, every pecuniary obligation. For
| he future, all that is needed will he that
caution and forbearancc in appropriations
which the dlminuiOn Of the revenue re-
q,ires, and which the complete accomplish.
inent or great forward less of many eXpen.
sve national undertakings, renders equally
consistent with prudence and patriotic lij-
'rality.
The preceding suggestions and recon,
nendations are submitted, in the belief tina,
their adoption by Congress will enable the
executive Department TO conduct orr fsca
concerns with success, so lar as their man
gement has been committed to it. Whilst
he objects and the means proposed TO at-
ain them are within it's con5titulional DOW.
srs and appropriate duties, thev will at the
same time, i is hoped, bv their necessar,
operation. afford essential aid in the trans
action of individual concerns, and thus
ield relief to the people at large in fer.
,daptcd to the nature of onr Government
those who look 70 the action of this Gov
rnment for specific aid to the citizen to re
ieye embarrassments arising from losse,
v revulsions in commerce and credit, los,
light of the ends for which il was created
md the powers with which il is clothed
It was established TO rive iv TO ms all
in our lawful and honorable nursuits. nm
Ter the lasting sareynard of republican in
>tiullions.
1t was not intended to confer sneril IA
vors on individuals. or on any classes q
hem; TO create systems Of agriculture. man
,lactures. or trade; ort, engage in them
ither separately or in copnecti3n with in
.iyidual citizens or orrauizad dissertations
If lis operati MS were to he directed for IL,
benefit OF arv one class; enuiyalent favor
must. in Justice. be extended 10 tbe rpst
and the attemnt to hestow sucb C,vors will
an canal hand or even to select those wh,