The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1840-10-01

| bad seat IN Congress, I'm $50 34l IN
tfoduced q resolution to establish brancl
of the aiat 10 com gold in North Carolina
During that term, Congress passed law Il
erect branch ninis 10 North Carolina am
Georgia, IN the heart and centre OF the COL,
region, 10 encourage and stimulate the mi
ners to work hard. dig deep, and coEycr, gu
nnIiye gold into American coin, that it miuh
circulate 80 our own country, and proven
It's exPoFtalion to foreign countries. The
same Congress authorized the erection o
another L,aHch mint &! New Orleans, Il
enable our Guverumrni and citizens TO pro
cure aud command al the bullion, or bars 0
gold and silver they could from foreign
countries, and convert that also into our con
sil'uhonal CON. Al the same time Con
grcss passed law, fying Ihe value Of Ger
tain foreign COINS, and declaring the same
a icgnI tender. Now, SIR, have been a
iaItd'ul iei.us laborcr 70 al the legislation
Of Congress, since first took ny seat, to
deyeiape the rich resources, and valuable
treasures Of our own nncs, aud 10 convert
our native precious metals alto CON and I
have a'so cordially co operated in trying to
command al sc could FROM foreign coun.
ifics.
Wen, SIR, YOU perceive my inclination,
ny location, and my duly al prompted and
ccu,plfcd % siimuine ne TO seek and Gud
all tie gold nud s,ycr we could command
fur currency and ciTcuia, On. Now, after
lahorIng aud eaislai.na diligently 10 &c, all
we con find and keep all we can command,
how mueb have we got Aller digging
and washing the Opposite miacs; a,ier care.
fully scanhins all Tic rtja mHts at home,
ard deriving all tue specie we eau obaln
from foreign nations then, what IS tic Whole
aggregate amouGi Of gold and silver cOln 10
the United States After al our toll and
trouble, We have about seventy or eighty
millions OF dollars in specie. Many abe
hHanciers say ioss-nO veil informed man
Say mntc--fhauah all admit we ire ,gdtj b.,
81 ~ EHropfaHs or ten or fifteen millions
Of specie, 3hehls Jorrorcd money. Hos
ever, u illustrate my argument, ara test
d principle II tits oil, will take the
whole umoJat 81 specie 10 this country al
eighty millions Of dollars, Now. wba, is
the number Of ,hc whole population oe the
jCEcd States and her territories All
will agree at least fifteen mtIlinns, aud
take tia, number. Thus VIC have eighty
millions 81 dollars 10 10 divided among fiji
teen millions Ii people. lhope TO oue, abo
ts republican 20 principle aud practice,
vIloblect toanequal division, equal rights,
equal laws, and cgaGl money. But, ST., IN
an courts Of lDsiice and equity, We are re.
qurei 10 be Just before VIC are generous,
and to pay our debts before we receive our
disiributive shares, and take cur proper.
ton Of any common fund. The annual ex.
pcndiigfe Of the General Government is
debt, and charge on this eighty millions
so sc must learn subtraction before we
woJk equal division. What is the aggre
gate nmouui Of the aauunl expenditures q
the Federal Government Daring the
three years Of pfcsideE; Van Rureu's al
the expenditures have been
upwards Of ,lur,y seven millions of dollars
Gerry ytar, (aoj, indeed, during tie yea,
1888, ihey we're m5ie ,Aan thirty alae NIL
hons.)
These charges and expenditures are ex
b,ah, and look like giving one
ha!f Of a uai.- estate 10 manage tie other
but tic account hos been SO footed up and
paid. luoa Tic iriouIs Of the adminisira
ton shy, they are going to reduce these ex
travagsnl expenditures but, after 50 many
promises, nud SO few performances, 81
would rather sec ihan hear tell Of that
80 explain nay ~, ! will rcducp the an
uuaI tax aud public expenditure down to
thirty Gye millions, which is two millions
less than il has been in any Que Of the last
three yours.
Pu, down eigh'y mud subtract thirty FIVE
from IT, aHd forty i've viii be tho sum re.
cninna Tor DIVISION among f teen millions
Of people. How oltSa viii eileen go into
forty G,e, by ;air division ? Three tunes
csnc,v, cad no more. Mr. Speaker,
have, bv tucts and Gsures, been trying to
test und analyze the SUB reasurg system,
and see ils prccicai operation and general
bearing ami after counting more specie
lhan there IS ia the country after rcdus.
lng the pubic expenses less than they have
bccn curing any ono year Of Mr.. Ven BIZ
ren's administration aud after estimating
our population at a less number than the
probable reality there are but three
doilqrs in hard money la1 and allowed to
each individual in the United Staes.--
Three dollars only is II small sum to sup
port any human being for ono year =
Eighty millions Of money is, in my ladg.
meat, not enough for the necessary Purpos
es oil the Government and the people, Il
is moi enough, IN times Of tr'ai aid peril,
Cor the Government; alone.
At the close Of tho last war, which ter
m,oaied ia 1915, this nation had incurred
a public debt amounting 10 about oRs nun
drcd and thirty millions Of dollars, when
there was not more than about twenty
millions of specie IN the United States
To have paid lha, large debl with that itt
NE sum of specie would have been lmpossi'
Ria I,,t a hoo hppu satisfied and CEtln