The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1840-12-24

aUiIcgs aud ulSCouTasluS, tnat lle attempt
has been made, thus far successfully, to de.
Taons:rais to the People Of the Un.ted States
that national bank a, ell hms5, and ia.
i.,ual debt, except Il lie Incurred al Pe.
rld when the hpsor and safety of The uatien
demanded the temporary sacrifice Of poll
cv, Which should oaly be abandoned 10 such
cxigeucics, are not merely unnecessary, but
10 direct aud deadly hostility 10 the prInci
ples Of Their Government and 10 their oBu
permanent welfare.
The progress made 10 the development
OF these positions, appears 10 the preceding
sketch OF the pas, history AID present state
OF the 6oaccial concerns Of the Federal Gov.
eminent. TIE facts there stated folly az.
Ihorize the assertion that all the purposes
for which lhls Government was Instituted
have bsen accomplished during four years
d. greater pecUniary embarrassment than
were ever tel0rs experienced 10 tims Of
peace, ana 10 the face Of opposition as for.
mda5le as any taa, was ever before arEayed
against the policy Of 40 Administrator
tba, this has been LsEe when the sVdiasry
revenues ofthe Government were ges.Tsily
decreasing, q. vel from The operation Of
the laws Us the cora.lien Of tho country,
gi,boul the creation OF a pern;osni pub
lie deb; or mourning any liability other thar
such as lie oIdl1arv resources Of lhe Gov.
meet vii. specdl!! discharge, aud vi,asui
The agency Of na,Inoal 52uk.
Ii this view Of The proceedings Of tie
Government, for the psr!cd !; embraces, be
Warranted By the facts as they are kos1n
10 exist j; the array aUd navr hayo tseu
sustained TO the toll extent authorized BY
law, and which Congress dcemed .aficesi
t9r tee defense Of tie country aad the Plo.
ieclion Ct ils rights aud lis av:o; # its
civil and diplomatic service has tc:o equally
sustained If ample provision bas been maae
for the administrator 81 justice and the exc.
c1non Of the laasi Il tie claims upon public
gratitude 10 behalf Ct the soldiers Of IDS
Revolution have Lsca promptly ne. s,d
faithfully discharged if ibe,e have ks:n 90
fAilares 10 6et1ay.aS !5o yery latg. e1pen
ditores growing o., .! THAI !ons coaIIuaed
and salutary policy Of peacefully re@oy,le
The lrdiacs 70 Eegioas q comparative satisfy
and prosperity !. he public iaitb has a. III
lines, aud every aGere, been ulc., sctgPu'
lQgs.y maintained b. P70uF, Discharge CT
the numerous, extended, ard diversified
claims co the Treasury i a! ;lese grsa,
aid pefnsDsn! otl-cIs, Ssh u.a- other.
thai migt - s,a.tl Laye, for saues OF
years, marked 5ypec mar sbs,.c'.s AID d.6
cua.ss, been successfully accomplished
HEAog. resol; . pe!G4Usrt Debt, O: ID,
al q Uai.cna! 54ls have ge e.. : ;igb:
10 expect TIA; F5.,ey, The olJ.cI .. which
-as been 10 sas.a.a tie pls..c service iais'
psg4eoiiy q e!lGa' Ct these lf9afu! sogtca
Of eiscotd, eli. receive the 5aai saue..o1 Of
people whose unbiased aDd fairly elected
J1dgmoai Gpga P--i.s sG4iss /. u.Es. g,i.
G.Aieiy wrong
Tha. enbarrassneats 10 tl. peeanL4ry
geacsrus Of l33IT.48al,, Of uusyamglsi ex-
tent and d4-siioa. haze recently exist.e
u tbs, a 10 other commercial. natloos, Is
undoubtedly true. To suppose It necessi.
Is ugT 10 trace iaesa re5ersas 70 tkeir
sources, Tould De 4 reflection @ ID: III.
tslllgence Of w ilayw.aIilzsa:. What.
e7eE mas hare bsea tie obscuE.ty . which
the sIblect was involved during nc earliest
stages d the f-T4.a.gl, there cs1l5; now
BE- ma19 By whom - aaol. question i:
CT fully Understood.
MOI daem.1g il within tie constitutional
PAYERS Of toe Ga4cral Gy9egEmest 10 re.
PAIR I.lVale .ss,es .ls:z.1.l b. r-Y.:ses 10
busosss having co cgGLsctca with the pub.
lie sst7.cs, ether by direct appropriations
from tie Treasury, " by spec!ai .egi.ia.
t.oa 1eslgCe1 ~ secure exclusive privilege,
and imE-L...ss TO Iuc.'!51al, or cla..e, ID
preference %, and a. the expense Of, th.
great M. 9riy geceaszrlly declared fson
acy participation q them, 10 attempt 70 o.
a. has been either made, recommended, or
encouraged, BY tie pre- eat Executive.
j. Is believed, however, that the great
paEprszs for 10. attainment Of which IT,.
!e1acat Government vas Instituted have
a5t a1ea los; slza, w. lat.ustei only with
certain limited powers, cautiously -nGu.r.
aied, distinctly specified, and defined with
apTeclslgn aaa c.earHess which would seem
70 eety II tscORst:uctiyu, i has been ny
cvnsLaH. aim 70 c9ufe. ayse.f r.:hla the
limits 81 clearly marked oUt, and 20 care.
f1i.y guardoi. HIT.ug always be:n Of
opinion that the best pl-ssrsa!it. Of the
Union Of the States Is - be found IN lol5!
abstinence from The exercise Of al. doubt.
i1l powers % tie part If tie Federal Gov
emmett. -at1er than u attempts to a::am.
lgsD b. 4 loose construction Ct The Con
-,sallou, Of 81 .ageal94s P.rgeT,iga Of il.
words, ! have eaC-a7o.cd - AVOID recon-
raeDdag auy n.easls: walcb | hal rg::o.
70 appfshenj Bgl'5, 10 the op.n.3n even Of
considerable minority q my f.l.o-.c.li-
zsns, be regarded as trench.n2 90 tao
rights Of the States. OF the provisions Of
the hallowed instrument Of cur Union
Viewing the aggregate powers u The Fed
eraI Government as voluntary concession
Of the States, it seemed to me tia. such
OILY should BE- exercised as Tere at IT,
tire intended 10 be given.
base baen strengthened, too, in the
propret2 Of this cgnrse. by the conviction