Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1841-07-01


bury and Wright that it would be an un.
warrantable waste oil time 10 go over The
ground again, and he summed up briefly
the results arrived al by him from data
furnished by the Secrctary's report. and he
clearly proved by the Secrelarys own
figures that the deficit nj the end Of The
wear would be less than S2.000,O00. Why
this extraordinary effort to make large
deficiency! A wish TO detract from the
last Administration might have had some
effect, ou, there were evidently higher OBJ
jects. 10 accomplish which the existence OF
a national debt was necessary. What
those objects were the report of the Srcre-
tarv Of the Treasury had left nothing IN
doubt-a funded debt; United States
Bank; an oncrous system Of taxation; aud
distribution among the States Of the rev
enue derived from the public lands. Nor
was the amount Of the proposed dcb
matter Of conjecture, but acco '1s TO the
Secretary's proposition, was to consist OF
sixteen millions deficit, six millions 20 he
subscribed to the National Bank. aud c
millions three hundred thousand 10 ne
same bank in behalf The S,ales-amount-
ing to thirty one millions Of dollars,
The next step is the imposition of hea-
Wy tax. increasing the duty on the free ar
,icles from five TO twenty per cent. nearly
doubling the tariff, and increasing the bur
dens Of the people twelve millions of dol
lars. aud this principally TO furnish capital
for the new institution to bank upon; The
k,, b. .,f tL,a If lao
Government and not Of individuals.
The next proposition was 10 cover The
transfer of the public domain by mortSa-
ging one thousand millions OF acres for the
payment Of the debt, Of the STATES.
And these were TO he passed as measures
Of relief 10 The cuun,ry. Who are meant
by the country! Is il the peoplc-tlic tax
paying pcoplc--who ask nothing but JUS
ice from the Government! Will u deb,
of 81 milliors relieve them! Will an an.
nual addition 10 the taxes on imposts Of IL
millions relieve them! Will permanent
mortgage on 1000 millions of the public
domain relieve them! Would gentlemen
dare to rise and say these are our measures
Of relief! Would they have dared so say
so, during the late Presidential canvass!
He then described The class TO whom
such measures would be rclief-lhc de-
pendenls on the bounty of the Government.
To these they would be n relief, aud they
wanted it badly, aud were bowling for
their prey. The system Of measures upon
which they hourished, was now dcn,olish
ed and in ruins, aud this system it was
the purpose Of the party now in power to
restore. Mr.. C. here ske,ched with ra-
pid bu, powerful hand The history Of par
ties from the origin of The Government
and the Extra Session Of Congress was
called Gr the purpose Of revivipS The Ham
illonian system, to which was superadded
n measure more obnoxious than any other,
the distribution policy. If the majority
succeeded in their designs. he would no,
say il was the foundation Of revolution in
our Government, but il was revolution
consummated.-lhc establishment Of n
moneyed oligarchy more odious and more
exacling than any one described in history.
Mr.. e. exemplifed the manner in which
the taxing and disbufsins power, even un-
der the form of a republic, could be made
to work the most despotic tyranny. He
said the true patriot would lay not one cent
of tax on the community, that was not alb
solutely uccessary, aud would recommend
none until useless expenditures were lop-
ped of. Did the Secretary Of the Treasu-
ry propose any reforms, did he recommend
retrcnchmcDtl None, none; but n great
increase Of public expenditure aud Il great
Increase oflaxes.
The Senator from Maine, (Mr. Evans,)
had sneercd at what he termed the alb
siraclions of certain gentemen in the
Chamber. That Senator does not like alb
s,ractions. The abstractons Of the Con-
stiiulion arc bar TO the attainment of his
objects. AbslracIions have always been
the aversion Of plundercrs, aud the high.
wayman, when he steals upon the unsus-
pcclins traveller is met with the abs,rac-
lions of virtue and law, and snccringly puts
them aside TO reach his victim. The Sem
aror from Maine had denounced the prac-
lice of Executive recommendations TO Con-
grcss, but was he not aware this was duty
enjoincd upon him by The constitutional
TIC UDDCu tlC VI TIC .CCUulDT I'D
the cxcrtiou Of Executive power had no
relation 10 the present incumbent, and if il
had not, it was mere abstraction.
He was in favor of the exercise Of the
constitutional powers Of the Executive to
their full extent, and considered the veto
power an important one for the protection
Of the rights Of the people. lie then went
into az analysis Of the operation of n Ma
tional Bank in ccn,raIizing the money
power, aud coutrasted it with the lrdc-
pendent Treasury, onL demonstrated cou.
clusivcly The superiority Of The other.
MIR. Clay complained that gentleman
had anticipated aud denounced the inca
surcs Of the Administration in advance.
and told his friends the b,st answer they
could give TO these long speeches was TO
cnnc, the measures denounced in Them.
Mr.. Woodbury. replied and showed that
these speeches were but in answer TO The
Secrerary's speech in favor Of certain mca-
sures.
Mr.. Clay said If he had waited until
these measures had becn broneh, forward,
the Senator from New hampshire would
have saved little of his wind, which from
his large size (unling his hands and ex-