Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1840-01-06

time of peace, of Il debt likely to become perma-
neui, is an evil for which there is no equivalent
The rapidity with which many OF the States are
apparently approaching to this condition, admon-
ishes us Of our own duties, in a manner too i'm
pressive TO be disregardcd. One, not the least i'm
portant, is TO keep the Federal Government always
10 condition to discharge, with ease and vigor,
it's highest functions, should their exercise he re-
quired by any sudden conjuncture fpublic affairs
IA condition to which we nre always exposed,
and which may occur when II is least expected
To this end, it is indispensable that its finances
should he untrammeIlcd, and its resources, as far
as practicable, unincumbered. No circumstance
could present greater obstac es to the accomplish
ment Of these vitality important objects, than The
creation Of an onerous national debt. Our own
experience aud also that OF other nations, have
demonstrated the unavoidable and fearful rapidly
with which public debt is increased, when the
Government has once surrendered itself TO the
rtinou, practice of supplying its supposed neces-
sites by new loans. Tie struggle, therefore, on
our part, to he successful must he made ut the
threshold. To make our efforts effective, severe
economy is necessary This is tile surest provis
ion for the national welfare; aud it is AT the same
time, the hest prrservative Of tho principles on
which our institutions rest. Simplicity and econ-
Omy in the affairs of state have never iuch to
chnten aud invigrratc Republican principles,
while these have been aS surely subvcrted by IA
tionaI pr0digHIy under whichever spccinuS pre-
texts it may have been introduced foslered,
"'Se c"'S',''r"'onNc "'"' nave nee!' 'oSt upon
r'"P'e Who nhNp never 'eei' H' en'Ve I" 'he
thec' vi "'t'r P","y upon 'ne Institutions Uney
.'ve created 'of themselves "I' III tno 'resent
u'p.i-". tol 'o.r' Is ""su'o'l'e" ny U'e 'eccsr,E
T''Cn " utc'e"S'''g revenue l'uS' II'Posc me
check lately given to nporlu,ions of articles sul'
iert To duties tue arrangements in the operations
Of Internal trade and especially the reduction
t'"uuu'y 'hN'nS pace !" our ,"rii q, ""neS' an
,I L.'' w., ~ I2aen ~" .tr'co' IT. ~
~. ~" ''"''"s '''', ,i'' ''
u W.. 70 .''' SDl' e., i've i',''!o, " '.o''s
~ VIC ca, !of- To III" "un' i'"u' ~" ~ "' "
W. ~ WIN! Pe' '7"'' 'nei c'N'S G'''', "e
WY ~ 'I''"" '''o' ,'ms ~" uio '"9'"o'
hn,l from tlc SilcN OF uuOiic lands, u iot more,
wi undoubtedly he wanted 10 dciray the neces-
shry expenses of the Government under the most
prudent administration OF lis affairs These are
circumstances that impose the necessity OF rigid
economy, and require lis prompt and constant eX-
ercse. With the Legislature rest the power and
duty Of so adjusting the public expenditure rs 10
promote this end. BY the provisions OF the Con-
stitutlon, it is only in consequence of appropria.
lions made by law, that money can he drawn II ON
the Treasury no instance has occurred since the
establishment OF the Government IN which the
Executive, though component part of the lie
gislative power, has inierosed an objection to an
appropriation bill the sole ground Of its eXtrav
agance His duty in this respect has been con-
sdered fulfilled by requesting such appropriations
only as the public service may be reasonably ex-
pected to require. In the present earnest direc-
ton of the public mind towards this subject both
the Executive and the Legislature have evidence
OF the strict responsibility to which they will he
held md while l am conscious of my own anx.
louu efforts 10 perform with fidelity this portion Of
my public functions, ii is satisfaction TO me tC
he able 10 count on cordial cooperation from
you.
AT the time entered upon my present duties
our ordinary disbursements - without including
those on account of The public debit the post of
tce and the tust funds in charge Of the Govern
nent had been largely increased by appropria
tons for the removal OF the Indians for repelline
lh"i"n ios'fics, aud for other less argent exren
ses winch grew OUT OF an o'erhown'e irrasury
ih',epehneht oi me reheinp'o" VI '''e iuo"c .'ep
"nu u''ss, tne gross eHi,ehu'ures vi - an" &c
mll'lons IN 1854 ana DO Ilad ny 'hese 'nuses
sWt'eo 10 ~ lmi'ioi's III 'coo an" 'ie npP.oP'i
d,'ohs or 1907, ihone previously " "o f'' u
H'arcii' caused me eNpe,in'l''e w. riso :"
large amount oil D., u''''io'si we "oio '''u"e'
during 'he year iooo' NOTWITHSTANDING u'e oo''''h
hance OF our inh'ah ehi'rr"ssre,,a' ''' "
reduce inns amount; anu 'iit ,o' .ne ttse a., yHa'
io''' WIN not, IN al, pro"aon"y' eAoeIu 50 I'M
IONS or y nn'iiiois less '',"n u was ias' year
With deteru.'natioh' so lar us depends upon III
10 continue tI,S 'e""c'o" navy "'' ,I'e' '"o co
Inmates iof io4o 10 he sunJec,e" 10 ,ne seVeres
sc'u.''y an" |" e 'i'''en l" ',, ne "oSo'1
,''n,s VI t"e Pu"' coo WIZ % onn
iesS 'han 'he expenditures o' 1907 ny o'e' 4'ooo
ooU;
Inc precautionary measures wh'cn WIN DC re
co"''he,neu oy me 0cciet"ry VI '"o ieus"'s a.
Proect 'aitniu'y me Punc cre'i' u'i"e' wv nut
'u"l'ohs ohn contingencies 10 WHY" ""' 'nuOe'P'
ana expenditures nre ca pose'' ana eS'ec'a'y ~
co'hH'eFc'R CRISIS ''Ee Inc PRESENT. arc oo'''e"u
eh TO v"nr carry attention.
TN IL inrhef o't"Si 4" yo'ir a''eh''o'l was ln''e
10 various con,'aern.lons III support I" Pre-
emP''"n low IN n,ial OF 'ns settlers on u. pUp,
lands; ana MS" "i 'aW grai"",nS we prices 10
such lands as ai 'Ng ner'' III me make, ,I''Sol'
III consequence ol 'htlf INFERIOR qna'"y' i ne
erni'on OF 'llt ACT wI'rU was passed ON " n''