Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1837-09-15
WHAT DOES TIE PRESIDENT
PROPOSE


hat the money of the nation should BE-
withdrawn from the Banks, and deposited
with Treasury Agents.
To us thus grand scheme seems pal'rv
ard pitlful affair. Whether the money be
entrusted to Pet Backs or Pet Agents, can
make very little difference to the people.
So long as this vast fund is subj. ct to Ex-
ecutive conlrol-so long as it is a fountain
Of corruption at which The friends Of the
administration are TO slake their unhailow
ed thirst, it is wholly immo,erla whether
the P.esiden, or his Secretary directs its
channels, or whether it fl,ws through
Collector Of thu Customs. or the Director
Of n Bank. Although, as among rotten
apples there might indeed, be a choice
between these lwo modes Of demoralIza
ton. the difference IS too slight to have
warranted special call of The Rcprcsen-
rnlives of the country. and tho advantage
of one over the other miserable comfort
to suffering and distracted people. 50
Let those settle the matter, who, bav-
IND the responsibility Of the government
and the power of the people, can devise no
better mcnns of deIivetauce from the dan
ger in which we stand. end the anticipated
ruin to which their policy has brought US.
But there Is one other part of the Mes
saGe-small indeed IN the space which It
occnDlcs-of his sluange communication,
which fills uS with apprehension and alarm.
eli. says the President. ! refrain from
"suggestlng to Congress any specific plan
"for regulating the exchanges of the coun-
''try, relieving mercanlIe cmbarra,sments, !.
| S..,n - Go 81
"lons Of foreign or domestic Commerce,
ct is from conviction that such meas
lures are not within the constitutional
"province of the General Government, aud
"that their adoption would not promote
"tho real and permanent welfare of those
"they might be designed to aid"
Forth Abandonment Of the great in
terests OF the couutry, we confess ourselves
wholly unpreparrd. For this prostra,on
of those objects in which all classes of the
community are to some extent concerned,
and for which, to ve:y great degree, gov
eminent is instituted, no warning had been
given to us by tie policy of the last adj
mn!s,ralion. in whose footsteps the pre-
sent was to :read, nor in the former eau
''ous and time serving movements of the
incumbent OF the executive CHAIR.
At the present moment the exchanges
Of the country are deranged f6relgn and
domestic commerce is at stand still, aud
evils Unprecedented and nrnberles-, which
need no repetition to be fully understood,
aft CT almost to ruin every class of our cit,
Zens.
The President mocks at our calamity.
and laughs when our fear comeh.
No plan for reIei is within the conSti-
'ulionn' province Of the General Govern
mcn'!,.
If it be so, the General Government is
not worth preserving. lis CONSTITUTIONS!
provnce-oncc the admiration oflhe worIf
ls more con,emp, be than German min.
cpalI,y, and lie power, useless "'for~ do
nestle tranquility" or "the general well
fare" is mighty only for ruin. Is this the
doctrine o: the costllulinn We think not.
The evils we are suffering are to rroa,
extent caused by The action of the Gov
eminent itself. and hence the Government,
is bound to provide remedy.
Under the express provision Of the Con-
Stl'ution, congress is to regulate com
merce. TINS commerce., regulated nccor-
ding TO the pleasure Of Congress, is the
fonndnlon and almost the exclusive source
OF national revenue. The revenue raised
from the commerce Of the country gives TO
the Government Treasury Of wealth.
with which no individual, no association
and no union Of them can compete. The
government moves an amount of money
winch makes 1t every where the control.
Ter OF the market, aud PLACES all nstitu
tons, and all individuals. IN the rea'iou of
exchangcs or of commerce, compIe,cy an
der lis control. It has but TO nd,p, one
mode of legislation, and the country Is
covered with manufacturing establishment,
Industry is encouraged, Labor prospnrs
ana private wealth is poured in one golden
stream OF fertility through the land. |,
changes Us statutes. and desOI a ion follows
VIII the evils Of ldcIrness and poverty.
IL cannot move, and i cannot refrain
from moving. without affecting to an ex,
tent of creation or ruin, all the industrial
capacity OF the country, and it has never
moved or ceased to move, since The consll.
'n'lon was adopted, without operating on
the exchanges of the country. and on the
condition Of foreign and domestic commerce.
and on every interest, manufacturing or
mechanlcaI commercial or agricultural, bv
winch nd'v'dna prosperity Is promnled,
IL Is needless Ia pursue this subject N il,
details. They were discussed ably aud
'nlIy when the Tariff qneslrons were hefnrc
he people. The result Of the pohlica
dispositions OF lhnt|loIeesring period sci
'jed inns tact 10 the unanimous convict ION
II mankind, that the action of the Govern.
npnt would determine jO all iu,ure Tim,
The lndu.tria character of The country.
"hen Tue Bank of the United States
vas es'abllshed-aga n when the Veto o.
president Jackson 'crmnatedrs existence
once more when The Drpos,les were