The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1840-12-23

see ip the Interference Of the Federal
Government with the local legislation and
reserved rights of the States remedy for
present, or security against future dam
gers.
The FIRST, and assuredly not the least,
important step towards relieving the coun.
try from the condition into which it had
been plunged by excess in trade, bank.
ing, and credits of all kinds, was to place
the business Transactions of the Govern.
ment itself on solid basis; giving aud re-
ceiving in all cases value for value, and
neither countenancing nor encouraging in
others that delusive system of credits
from which it has been found so difficult
to escape, and which has left nothing be-
hind it but wrecks that mark its fatal ca
reer.
That the financial affairs Of the Govern.
ment are now, and have been during the
whole period of these widespreading diff
6culties, conducted with strict and in
variable regard to this great fundamental
principle, and that by the assumption and
maintenance of the stand thus taken on
the very threshold of the approaching cri-
sis, more than by any other cause or eau
ses whatever, the community at large has
been shielded from the incalculable evils
of general and indefinite suspention Of
specie payments, and consequent ami.
hilation, for the whole period it might
have lasted, of q just and invariable stan.
dard of value, will, it is believed, at this
period, scarcely be questioned.
A steady adherence, on the part Of the
government to the policy which has
produced such salutary results aided by
Judieious State legislation. and, what is
not less important, by the industry, enter.
prise, perseverance and econmy of the
American people, cannot fail to raise the
whole country, at an early period, to o
state of solid and enduring prosperity not
to be again overthrown by the suspension of
banks or the explosion of bloated credit
system. Ii is for lhe people, and not their
representatives, to decide whether or not
the permanent welfare of the country
(which all good citizens equally desire,
how widely they may differ as 10 the means
of its accomplishment shall be in this way
secured, or whether the management ofthe
pecuniary concerns of the government
and by consequence, TO a great extent,
those Of individuals also, shall be
carried back to a condition Of things which
fostered those contractions and expansions
of the currency, and those reckless abuses
OF credit, from the baleful effects of which
the country has SO deeply suffered-s re.
turn that can promise. in the end, no bet
ter results than to reproduce the embar-
rassments the government has experien.
ced, and to remove from the shoulders Of
the present, to those Of fresh victims, the
bitter fruits of that spirit of the specula-
tive enterprise to which our countrymen
are so liable. and upon which the lessons
of experience are SO unayailing. The
choice is an imoortant one, and sincerely
hope that it may be wisely made.
A report from the Secretary of War,
presenting detailed view of the affairs
of that department, accompanies this
communication.
The desultory duties connected with
the removal of the Indians, in which the
army has been constantly engaged on the
northern and western frontiers, and in
Florida. have rendered it impracticable
to carry into full effect the plan recon-.
mended by the Secretary for improving
its discipline. In every instance where
the regiments have been concentrated,
they have made great progress; and the
best results may be anticipated from
continuance OF this system. During the
ast season, a part Of the troops have
been employed in removing Indians from
he interior to the territory assigned them
n the west-a duty which they have per.
'ormed efficiently, and with praisevortby
humanity; and that portion Of them which
las been stationed in Florida continued
lctive operations there throughout the
Keats Of summer.
The policy Of the United States in re-
gard to the Indians, of which succinct
'ccount is given in my message of 1888,
md of the wisdom and expediency of
which am fully satisfied, his been con.
inued in active operation Throughout the
whole period of my administration.-
Since the spring of 1887, more than for.
y thousand Indians have been removed
o their new homes west of the Mississip-
Vi; and l am happy to add, that all ac-
counts concur in representing the result