Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1841-12-17


statistics, nor Just data for forming adequate opinions
But there can be no doubt that the amount Of Transport
taon coaswlsc, bysca and the transportation inland
by railroads and canals, and by steamboats, and other
esp and immense lakes and tho v,uo IF rrn,or,v car
rcd and incrchungcd by these means, form general
aggregate to which the foreign commerce OF the country
large as !, ,h u.s. makes GU, distant approach.
subject which by forcing general RESUMPTION Of sue.
a sound medium OF exchonge, and would leave to the
U n fl" Limits Of or o. oons,onrv
does it become this Government, TO adopt ? It was my
painful duty at your last session under tho weight Of
nos' so,'"'" %ohea'"s, 10 ol''T VIVA Cong,oss on 'ns
When doubtless regur5cJ as corrective Of visiting
evils Subsequent reflection, aud event, operating
nave only served to 'o'lm me in the opinions hen en-
,. 5c mc,,,c 10 pIJ ,,, ~ sch,rc Of aovcrr
mcnt policy, unaidcd by Individual exerlions can be
available for ameliora'ing the presen, condition of
hlnss' oo," h nsdcs Of exchange and good
not the dircc, nro5nc,ye sources Of wealth
Wealth can only be accumulated by the earnings Of in
dus'ry and the savings Of frueaity and nothing can be
n,V,' JIsJu 'a" 10 LOOK 20 ~ eDows'
inc nccuniarv "h@,tions Tbc cour,rv il GlI Of re.
sources and the people full of energy, and the grea, and
permanent, remedy for present embarrassmens must be
sought in industry, economy, the observance of good
iai'h' and the favorable influence OF Time.
ID pursuance Oh Pieoee gwen 10 you
In my last message 10 congress, whlch
pledge urge rs an apology Tor adventur-
ing to present you the details of any plan,
the Secretary ofthe Treasury will be ready
IN suhrit to vou ebould vo,, ,oou;ro i, a
nlon or f,,nco ,yh;cb while !, ,b,ous ,r-
onud ,bo nul,l;c ,roosnro ,o,son,lIo n,,,ds
c. Wv " III 80 -
'o' ts P'o'ot'''"' anu 'ee's oi 'owe'S "eh
W." 'cusco II, P'"c''cc " eA,s' rom 'ic
origin OF inc HoVcrhmcht, VIII, al the same
time, furnish to the country sound pa
per medium, and afford all reasonable
facilities for regulating the Exchanges
When submitted, Won will perceive in il n
MA, o,cnd,,orv of tho ox;s,;nr lave in
roI,,;on 70 ,ho Troos,rv Dan,,,n,o,,
e.I.i.. :1u .. i ~,
S ~ ;" gu '''P' W "C WIN vi
congress uirecuy ana tne VIII OF lhe feo-
pie indirectly seli-sustalnlng, should II
be found in practice to realize its prom
ises in theory, and repeaable at the pleas
IRE ofConurcss.
II nronosSs hv eaec,ual restraints and bv
invoLinq tho ,rnc shirt of our institutions ~
sen,ratc The ,uree from tbe sword . or more
nronerlv to sne,L donios any o,ber con,rol
r. no p,cs;Jant n,or ,he oae,,s ,ba nav 10
selected ,o carry, Il into ececn,ion I'm, ,ybo,
m,, Lo ind;sro3sobI,, noc,ssor, ,, soc,,ro ,bn
flJ,;, - III !,I ~ -
- "e' - ''' "'u' ~ We
''o"H' NecPS Ii"!"ly dld't lioiii c'ch o'HG'
private ana pubic funds IL contempia'es the
establishment OF Board OF Control, at the
Seat OF Government, with agencies at proml-
nent commercial points, or wherever else
Congress shall direct for the safe-keeping
and disbursement of the uublic monevs and
a substitution. at the option of the public
credi,o, of Treasury notes in lion III cola
and sl,or 7, nronosos ~ I'M, ,bo ;ssros ~
~ 80, 600, ,,,'
al dl,'ount io' W eAceeu lo'ooo,uoo-"iti-
OUT the express SANCTION OF lhe Legislative
power.
1t also authorlses the receipt OF individual
deposits of gold and silver to a limited a.
mount. and the granting certificates of de.
nosit d;vided int sucb sums nc NAV, be cal.
IoJ Co., b, mo J,nosi,ors Il nr,coeds :, stan
r.I 49,, H., ,.rraIso,,J ~, =
"''u wy a"u a''lI
% ,'olie'.. n','' 'tu uiai'' es's oh Il 'e"'
anu 'uo9'a"'''i '"9'e' P'S "o'' IL 1iSn'' VI
having uUt snort 'Iihe 10 run, anu drawn
\ on places not less man one hundred miles
apart-whlch authority, except in so lar as
may be necessary for Government purposes
exclusively, is only 10 be eNerted upon the
express condition. that It's exercise shall moi
be prohibited by the State in which the aren.
cv !. situated
tn o.J,'r ~ ,.o.,,.o ox,.onso, ;,o;l, .,
,L ,, !, al, i ,,t,;,d g., .,,';'l' .,,, "
rn, r, g.. oa.,;Gao,os ;a',ei ~, 49,.
;,, p,' u ~, I';Iio te,'a,', ',5 saI, VI 1.tos
~, =, 49, H., J,i;,, - =, w c:,?
30 '.' Us i's "u' W '"i ''s" ''.i''.
WIS ~ II az VIC 'o"us'
'I.es' "'I ~ 9a'uu'' ION ''' I''"
lns1 VI iiuuS,,! ine ,'as, poss'p'e sum IL US
Is t"o St"'e h'.'Ns a' instance, "s "uA''iar'es'
"n"o"' ,."P''',nS any Po"e, ~ tfauc III us
name, IL IS SUBJECTED 10 suGh guards ana re-
; fu'h's Us nave appeared 10 DC necessary IL
Is 'he creature OF raw ana eAists only al The
pressure VI ''o 's's'"'urc' .-
T. l,a"e 10 rest VI, an ac,p az orcs nT
: sue-nroJuccs no Observation-Disclosures o.cir.
cuIo,inn-ntinrds no temptation to speculation
is Intended with no imitation of priests
equablc in lis opcratiun-makcs the Treasury
notes, W hich it may use all along with cer,iti.
Gates of dcposit. and the notes of specie nav.
inp banks convertible at the place where col.
lected received in paymcnt of governments; dues
and .wi,hou, violating any principle of the Con-
stitution. affords the Government and the peo.
ple such facilities rs are called for by the wants
of both. Such. il has nppeared 10 me-. are its