The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1840-12-17

Ia the FIST place, whsi the President. speak.
ing Of the reduction Of the public revenue, uhe
result, as every body knows, Of the misehieyous
measures Of the preceding Administration and his
own,) eongralalaies the country that the Govern
inent, notwithstanding the " large extraordinary
expenses growing out u past trausaclloal," has
not been brought 10 d staud-stili, hc entirely over
looks fact which IS fatal 10 the claim which lie
sets up for the Executive u successful olnin
lstTation vi The Government 70. tie last four
years, ia reference 10 its fiscal affairs. Tho fact
to which We refer is, that. before Ar. IaA Elgon'a
Naturalization began, tbs old public Gct. Of Tie
United States had De,n entirely paid of, aud the
revenue released from The heavy annual demand
for payment OF Interest an redemption Of priL.
cpal Of that det,, which, IN the preceding Ad.
minis,Faiions, consumed HSGriy oHe.haG Of tie
lchoie FereHze 81 the IH!ied States The pay
ments on account o.! that debt, Tor example, cur.
ing the four Yeas administration Of President
Adamg, amounted 70 toity.tive millions Of dol.
lars, or au average Of moro than eleven millions
Of dollars year; aud, during the eight years OF
President, Jackson, 10 sStY-four millions If dol.
llts, Or eight millions Of dollars year. Not one
dollar has Tic present Administration had 10 pay
on this account. Undor discreet administration
OF is assiys, theu, instead Of leaving behind 1t
debts 20 tho amount % msny millions, Treasury
\ CITES aud unr I'd demands pom the Government, !
the present. a tUiHistrBt.oH ought ttakIng the Adj
rn.uisifaton Of Mr. Adams as FuleJ to leave IN
tie Treasury, Instead Of the estimated balance OF
am!lion and half at least forty millions OF dolls.
OF another feature OF this potion II tho Ales
facs we shalt fUrhear, out Of tho respect doe to
tho station Of rs eutEor, % sposA IN - language
which IN our opinion ID deserves. Wereis!lo the
intiuat0n thai The pletext which this relation
- 80 II 4
u scgltu..o the Management, Of cur domestic
aGsirs j MT actually ~ tstefreidie uith them,
presents sat Jet cI earnest attention. not 10 So
II ssriops oi4a" THIS propit.siion Of the re-.
Nus Of Loc0fososn, At the 1penso Of tho Ma.
tioual character utterly beneath tao dignity Of
tho Presidential oiI &C..
We bed intended to remark uron the iH,es!e.-
euce With the concerns Ct the states. begun IN
tho LSecCtiye communications Of last year con
tiaued 10 tue Meraoge no" before Us, and the re-
pslit!on, Gith variations, CT the doctrine, pecl.
lar 10 this Administration, tnat he People expect
too much from the Government when they expect
Tho Government to do anJ tAing tor then benefit +,
tlt We must lel-e these topics 10 another time,
& no; 10 other hands.
Tiers is one statement e ths Message howe.
yer, which We must take tho time necessary 70
conlfoycft We deny that "a National Bank
a. iucouhsiad. bY the trainers Of the Constitution
the People tho sama rghts O.! the states and
whilst IN he Congress Of the Od Coma !ndeea,
themselves established National BANK AL1
we asscf, that II a. The Message says Nation.
81 Bank has from the beginning been regarded
by largo portions Of our fellow citizen" as un.
constitutional, IL hss been regarded IN yory dif.
.essnt lIgaiby larger portions Of our felow.citi.
zaas, who have no, only once tat twice esta5.
Ished Eueb ns.ltutoa, an! afterwards sustain
ed and upheld II By lac.. votes.