Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-06-04

you 10 tins condition In short by making this call
you would effect what WAS PLAN object of the de-
poSitc law you would excite the vigilance of the
States, aud make them, to the phrase OF the tues
antagonist In your prodIgaluy and surely there
never was time when the Administration more nee.
dcd money, and the country could less spare II.
Broken aud tumbhug To pieces ~ YOU are YOU stand
IN need ot prodlgal appropriations To buy oil the
vcnge ance which your ptodigalIty has brought upon
you You seek 10 purchase silence upon your
spcndthtnt disbursements by more eNnavagant cx-
pcndtutcs.3 There is not one single oi rotrcuch
ment pcrioimedo OF progress There /, no plctcncc
ot economy. The Department asks Tor twenty
two millions; when II Is known that when these
irlurmcrs and ietrcnchcrs came lnto power, twelve
millions were enough :aud besides this audacl
GUS demand-ilom those Who II was proclaimed
Tor then countfN's good, would be, with nina
culous speed, the most economical OF all possible Pc
ucans-thefe are now bills before MS proposing ap
ptoPnNtions Of more than forty millions. No Que
has proposed 10 cut of any branch of exltavagancc
aud II" parry measure has been proposed organize
Il system OF economy Are there any propositions oi
fct"rm Any committees OF reuenc hmcnt \ gu
have not given up one OF your useless and cu,ruptnr
projects. Mi Il hatbor; not a HIT house not a
pension not even your notoriousl, ns less lumber
land road In ruth, sit, you dare not this Admins
u'uon cannot 1--WE up any one means of influence and
corruption. My colleague proved, III maStcrly lc-
noIt lew years since, that lis foundations we've ~
money aud patronage take those away, aud the
swift destruction winch, IN spite Il power and pat
tou1gc, is coming upon It, will oyriwhrlm il ia the
twIuhlng OF an eve.
The Administration can ucithe, restrain It's rodl
gaIny nor permit the People 10 know it. The,
dare not ionse the antagonist vigilance of the States
and Therefore resort to indirect by WAYS of raising
Il revenue. All that is wanted is the silent hand
of the engra,er, little ink aud paper Itisamost
no'sclcSs operation. " Let the People sunbcr on
IN sweet fepose Heaven lolbld that we should
wake them"
Now, Mr. President this is exactly what de
sire. wish the People to know and iecl what,ou
are DONG. | desire 10 see man object Of The de.
posic law accomplished. direct appeal TO The
States and the People for money would be a real
ana oihccht check, not only upon your "Nrrvagance
but upon all your mlsdecds, Ion II will Immediately
create sput OF sclnpuous investigation into the
whole conduct of the Governments believe siI
that a ncocssiIy oiralsIng You, revenue at all times
ny dnrct taxation would be IN itself more search
my ana vHylng pIiucIplc of Liberty lhan all the
checks aud goa,ds of the Constitution, however
wisely conceived. To the my>tiylng influence OF
lhuIcct taxation YOU now propose 10 add the still
mere remote, silent, and unntellleilie lloccss of
creating money You shruk. alfage'I . within
} outsrIt on plunge into The 3.a, trccsscs OF
your sales and dungeons To counterfeit money, be-
cause you ale afraid 10 ask the People loIu.
Oncycaf has already illustrated the fatal r.nlr5cy
and inevitable destiny Ut tins system OF m Fog. no
nry. The issue al The extra session WIS -,I Ia be
temporary. and bat Tor shon season. CA low
are about 10 repcat il. lou will do it again and
again. on will expand aud extend your Issues
on viii push them, as all Governments have, ia
all ages, 10 extreme; to depreciation. YOU have
tasted once OF tins intoxicating dmught, aud now
return To II with "A keen relish; again You will col
lapse, aud again return 10 II. Even now there are
strong symptoms that tins luscious and cxharatiuc
beverage is beginning to be considefed regular
ingredient OF the Government dleei,cs. 1t Bogus to
be whispered that a permanent system of Govern
ment paper may not be that wietched parent OF pub
lie and private Decentralization which all time has
proved 1t TO be, and perhaps induccment for
proposing the present measure may be 10 iamiIarlzc
the public mud by degrees 10 what no one would
dare openly ayow as the ultimate object Of the Adj
muistIatlon VIZ. the establishment Of Government
paper currency. 1t is necessary 10 approach ihs
contamination warIly. The People have some ug
y "reminiscences oi continental money They have
heard OF the French assIgnats. Many remember
the North Carolina proc money. They would be
shocked with the " heinOus' mem OF this "mon-
ster' If the veil suddenly dropped. But il they
can be brought to =" endure II, why, in the regular
progress OF moral degradation, they may nj length
he brought to embrace" it. Aud when the coun-
try IS debauched into this embrace, when we are
brought To agree that thIs Government shall create
MS own funds, for lis own purposes, | would not
give you baubcc for your CONSTITUTIONS lis
checks, limitations, and restrictions are a mere
mochtty. When the Government make money
at Hbtum, II will spcndit 0d hbaam.
am very strongly persuaded that You have no
power under the Constitution 10 issue Treasury
notes. My colleague states that lie intends to vote
Tor tins bill, but would, by 10 means. under any
circumstances, IN war on IN peace, vote for loan
Ihls most emphatic declaration of his opinion thar
The proposed measure is not "A loan leaves il upon
the footing OF paper issued upon The credit Of the
Governments aud all parties admit that is intended
Tor circulation. These two qualities combined
make the definition OF bills of credit and such sir
VIC have no power to issue under the CONSTITUTIONS
And, IN the fnst place, appealing 10 the highest
canon Of constitutional construction, demand that
the power be pointed TO me. Where IS 1t WheIe
is your authority issue bills If crcdit! 1t ex-
pressy prohibited to the States Is IL expressly given
To tins Government! Whatever was 50 substantive
as to require express prohibition the States
sufficiently substantive to require express grant 10
the Federal Government. The silence of the Con
'eniIon IN one case is emphatic lis language IN
the other. This Government, to be sure, has the
power Of raising money, but It's definite power,
limited TO certain objects, and clrcumscrbed also
to the mode Of doing ii. There Two modes OF
II isng money permitted by the Constitution: ls by
laying and collecting taxes, imposts, &c; I'd, by
borrowing money.
Congress shall have power To lay. &c. Congress
shall have power to borrow money. There the powers
OF Congress 1t added that Congress shall
have power to issue bills of credit II the power
to raise money had been grancd in general terms,
It might have been argued with some plausbIlIty,
that all the modes oidoIng IL included in the
grant. But the Nudes are themselves the sub lccs
OF express grant and enumeration and, by clear
rule OF construction, an enumeration OF some par
ucuIars excludes those not enumerated; and the APP
plIcaton Of this rule IS especially strong IN the pte-
sent case, from The fact that the time Of the Con
venton bills of ciedt were the most frequent and
afl