Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1840-12-12

particular c'asSrs, nor any. nor all its
continued advantages, can counterbalancc
! as ultimate bat certain rcsul;s--a splcn
did Government, and an impoverished PEG
ip'e.
Ito national hank was, N il unJona5.c, rspndltcd
10y hr irs1sers OF the constitution rs incompaS, With
he rights Of the States and the liberties of the peo;e
H. ir"m the beginning. It has been rCgani-d 10y large
Is'hnfs al or citizens coming ia direct coli i N
with that great AMI vital ancndmrn; OF the con.,i,u
o which declares that all powers not conferred by
'i instrument on The General Gov crncnt are raScry
Ell Ia ne States and The people; q, has been wow
80 by ihn as tie first great step ia the march Of ai
tudinons construction, which, unchecked. woniI r,u-
Her that sacred instrument ct as l.c y.tue n an mn.
wf'en Constitution. dependent. II would alone be.
IOr ne meaning. the interested tntion o,
d"ininani party. AMI Attending sccusf, To the rights
ct the tninoFiiy;if such t. unienably the case what
RATIONAL grounds could have been coneeiy cd Tor ani;c.
pahnS auShi bat determined opposition TO such an in.
shtuiiou al ths present layl
Could dif,ren re sui, have been e1recieI when
ihe consequences which have howcd rUra its creation
and particularly from its ges to perpctua;e It's
existence. hal confined IN striking 4 manner the
appreh-is of opponents; when IL had been 81
'iearly demonstrated that concentrated ,ncy pow
er. welding So apal. m combining such in.
'a!rniloe means of influence, may. m those peculiar
c"nJnneiuFrs a. Which this Government In unavcida
ny caPpeod, prove an OvcrR,ich Tor TIE political
power OF thr pcopls themselves; when the true char
a'er os ITS capacity 10 regulate; According TO its will
ana ii@ interests Of is f,voritss the vaue and pro
""'""h "i 'hH Labor aud property every this
eTtcnded country h1d been 50 carfilly deyoL,pe,l
when twas nU,orious that oil classes % TIN, great
Community Ind. by mcars of thc power and influence
W y possesses, been Infected 10 madness will, sor
u OF needles speculation; wh-n il had been seen that
secure ia ne support OF the combination OF IN fences
ny WIN IL was surrounded. could yo.ate ftt charlie
and set The lave ct dcii1nce with imp Ini,y; and
Nhen 'n',u lad became sp= fcui ia 4 To h,ls,
ht's1'h an accumulation OF pos can ever be gran.
'ed "i'"at The certiniy OF being abused vas 10 ~.
dulge N a EIia delusion.
To AVOID the necessity nf prsm,nen, debt AMI il,
inevitable Consequence have advocated anil eoJ.,
vorci 10 carry inIo citci, rs policy of l,in, N,
7p r"rris:"a' fer the Pablo service To srrh obors
Oiy w are clearly within the constitutional auh,ritv
oi The Federal Government; of c1ciuiIng f,,rn rs
peIise- those n2rovicni aud uirin,i,nz,J grants AT
public nCy tDr works OF internal In,rnveu, .,t
"hich We're ~ wisely arrested BY the constitutions.
interns''ion OF NV predecessor and which n they hal
mol been 50 checked. ~~mld lrn; before ~, IN have
involved the finances OF to- General Government ~,
en- "rrIsin NJ tar greater H. ihorS which are now
experienced by may of tho States; of .ni,in- all nur
expenditures 10 IN II SIN &c, unoSenta;rous ami eco.
nhnical aim Rsiriiln OF public a!ilsxhir i, alo,,
hsseni with the character o:onr institutions; o col.
iSciing annnally frm - ctrsum. and the sales -,
P"oo lands revenue fully adeq % defray all The
ciises tIs IucarreL but, under no pr-ence ,yb,,
spcNcr' 10 impose taxes upon the prlP.c " q greater
am'"hI t1n was atually necessary the pIblic scr.
're' conducted upon the Princ; lvs have srircd
IN lieu OF national 5l:Ik a Dependence unon
banks Of any description, fH the management Of our
hscai nhHisl recommended the I'd pilon Of tie sys
4 'sH "hlch Is now m successful opcrl,c.I Thu ss.
TEN affords every requisite facility the Transaction
"i noe pecnary Concerns of tile Gov NJ WILL it
Is confidently anticipated, produce IN opr res,ect.
many Of he Scne y which have been fr,o ,in,. =,
, Iin' expected from the creation Of national hank
but whIrL have beer. rcaiI; avoid tho m mi
iod c'iis inseperable fr', institution; dhninsh ~
greater extent than could be sccotn!fshnd NV my
ohrr measure of rcinrm. the plrona-e of the
, t'oSernn'ni-a wise policy ia all Governments, bpt
mere e., eciily So IN one like ours which works weI
only ia pfoiornD it made rely fir Us .aun,
P' the unbiased a,tl unadulcrltrd opinions of Al.
e"iis'tcnisi do away, forever all Deepen Iencc IN cor
I"fde bOlics. either IN The rIisins cUllecs. s,f
ASepns, or di.hnrsns rae pubic revsn q s. and ,I,c.
'h' Do'cr hornt equally a!Rve the fcmpi1ton of f,s
icrs dangerous and ,tiIuonal institution nj
"n."' "r He Necessity Of adapting Is puiicy 10 m.
views ani interests vi sill more fJrm.dahlo money
power ab-uaI ~
IL Is by adopting nHi carrying out th,se prinrirIes
u"urr hesr circumstances the ard ~ and DIS
eoHf'gHg' mat the aicf u has been made thu. f,r
successfully To demonstrate 10 Tire pesp!e Of The Un-
ted States that Narnl Blus al all times and n n,
t'iIal debt, except II lie incurred ala prr:oI when
The honor nrd safety Of the nation daiuand the tem,o
rary sacrifice OF policy. which should be abandon
cd IN saeh ergehrieS, merely unnecessary bot
III u'e't ana deadly stlity 10 the p:incip OF their
Government and - thcir pVrmarn-nt welfare
The progress made IN ths dcvelopcn,ant of theso
positions appears Ia the pFeccLn: sketch Of the ms,
history and present &c Of the financial concerns "a,
the edeFal Government. The fcs there stated fully
u orze The assertion that all The purposcs Tor which
ms Government was Instituted htve been mccain,
plisiied during UIr years Of greater prcIriary ON
barfassmcnt ihnn were beiprc c1pcrienced il,
ume OF peace, hHJ in the face of op1o ,il,n ms fn;
dao'e Is ony that was ever before arayed against the
policy "i an administration; that this has been don.
"ieH iIe ordinary revenues OF the Go, ernmrnt ye,,
generally decreasing well frn tho opcrnti IN of die
laws a. The condition of TIE cBaniry WITHOUT the ere,
alton Of perm pub!Ic debt or inc urrug my lin
biiy other than such The ORDINARY re.u rces Of IN.
Government will speedily discharge and with,ut ,h
agency OF national bunk
liIh's view o! the proceedings of the Government
for me period II embrace. be wurrunted by the facts
as thry are known 20 81; e the arruy md n,vy
nave oseh sustained TO tte full extent auhIrz hy
!dw AMI which Congress deemed suiii lent for the
defence OF tho country and the protection Of is rights
aud us nor. if us evil and diplomatic service h.,
ncen equally sustained. f ample provision his been
in'oe iorthe odminsiraian Of justice l1nd he eHecr.
''on oi Inc laws the claims upon public graiud,
~ oeha Oi the soldiers Of the Revolution have beon
promptly and faithfully discharged; If there have be.s
no failures in delrayng The yery large erpenIiiurcs
growing out OF that long continued and ,lutity policy
oi peacefully renewing the Indians 10 rcigns of com
PlfnYe sliety aad prOspcrly il the pu .c has nj o
Hne' and everywhere. been IN Ist scrupdluu.ly main
lained ~ prompt discharge of the numerous eatep
col and diversified claims on the Trrasury;-if al
these great aud permanent olgscts. with many others
mat might De stated have. for series Of years mark
Ell ~ peculiar obstacles and difficulties been success
fully accomplished without a resort TO n pcr,p,uc,t
Debt % the AID ola national bank; have we not rgbt
10 expect thato pplcy, he object Of which has been
10 sustain TIE public service independently Of either
~ lhese fruitful s,arccs Of discard will receive tho f.
,'l sanei'"n Of people whose unbiased and f,irly
elected judgement upy1 pubisc aGius ~ never ul
miely wrng
lhii embellishments IN the pccuniary concerns Of
indr nuals. OfuneTampiod extent and dIr,iton have
recently existed ~ this, in other commercial m,
tins, e doubtless true To suppose 10 necessary ,o
now race these To their sJurccs ,y,ulJ he
reb'c"n upon The intelligence Of my fellow citizens
Nh1leycr may have been the obscurty ~ which the
subject involved during he early s,,g,,
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