The Illinois free trader and LaSalle County commercial advertiser. [volume] (Ottawa, Ill.) 1841-1843, 1841-07-16
Schemes Of the Administration.

States, Mr.. CALHOUN, in his usual mastery
style of analysis, glanced a, the projects of the
administration, completely exposing the dcccp.
tons they were founded on, and their evil ten
dency, should they be forced upon the country
The following is an extract from the speech re-
ferrcd to:
"Mr. CALHOUN said he made his calcu-
lation from the data furnished by the
Secretary of the Treasury he maintain
ed that there was no deficit in the Trea-
sury but of the Secretary's own creating
there was no demand on the Treasury
and if there were, he would prefer giving
il any time the power to issue Treasury
notes or Exchequer bills.
ale put the question to the other side
of the Senate why there was such en-
IRENE solicitude in making out the report,
to show the Treasury in bad condition ::
was II because 1t was really so? No, the
administration had system of measures
10 carry out, and it was necessary to
show the one 10 carry out the other
What were those measures First, n
funded debt; second, a national bank !;
third, an increased taXation and fourth,
and last, distributing the proceeds of the
public lands. There was 10 be a nation
al bank, six millions of the stock TO be
taken by the Government, and then nine
millions, or the fourth instalment, A DEBT
TO the States. What right had the Cen
eral Government to subscribe for the
States TO effect that purpose, the Sec
rotary had taken liberty with language
which no public officer had ever before
done. We subscribe nine millions in the
name Of the Sites, and then we are to
pay interest for a debt due to us, when il
is represented as a debt due from us.
Next there was n heavy tax in the
shape of tariil-articles free of duty
were to be raised up to 20 per cent, and
n! under were To be brought up to the
same amount, which would increase the
burdens twelve millions OF dollars to meet
4 debt which grows Out Of the establish
mant of a new bank--a bank made out of
the credit of the Government and not Of
individuals. What has been the motive
90 pass these measures at this time
The answer was given from the other
side of the House "to reiicue the distress
of the country What was the country
Was it the tax.paying people who lived
on their own industry, and asked moth
ing from the Govcrnment--wou it re-
lieve them! Would a debt relieve the
real people, for he considered only as
people those who supported the Govern
ment--would it relieve them! Would a
debt relieve the real people, for he con-
sldered only as people those who support
cd the Government, not those who drew
their support from it. Would an addi-
tional tariff Of twelve millions relieve
them E! Would it relieve the people to
put permanent mortgage on the public
domain Was this to be the relief the
people were promised pending the late
political canvass? TO whom would such
measures bring relief! To the hundred
thousands of persons dependent on Gov
eminent for support, and their depend
ents, and then the holders of State stocks,
and the mercenary classes in the Legs
lature,-to all such it would bring sub
stantlal relief. These were the old mea-
sures which had split the parties of the
country fifty years ago, and which were
now sought TO be renewed, with one
supcradled, still more noXious, more un-
constitutional, more unholy than all the
rest, distributing the proceeds of the pub
lie lands. Yes, this session was called
exclusively with the view Of rebuilding
the old Hamilton policy, with the land
distribution superadded. If this be pas.
sed, said Mr.. c., will not say ii will
bring about a revolution, but that 1t is {
revolution already consummatcd. From
the Government Of the people II wouI'
become 4 moneyed olhigarchy, more cor
rupt, more exacting than the history OF
any country ever before furnished an en-
ample of. Once adopt these measures
let them pass into law, and the powc
' Of the people would be forever gone.
"a true lover Of the people would new
er impose cent Of tax unless indlspenS
able, nor then so long as he could lop OF
any useless expenditure. Had the Sec
Ietary shown any disposition to cast OF
useless expenditures Can he say ther
is no room for retrenchment, when tn
charges were made against the last ADM
nis,ra,ion of extravaganza i'll the use
the public money, which he, MIR. G., at
mitted had been too great!
"Did it no, become them, after all the
cries of rclrenchment and economy,
practise it, or did they mean TO admit tn;
it was all dclusion, intended to cheat an
deceive the people! When public ne
break their promises, the people WI
soon lose their respect for them, and thin
politics mere game at which the mo
rorrupt will he tho greatest Uoiners