Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1841-01-02


Ir4u,rcmenjs uI thv Constitution and thus io pre-
Senf when must needed, wlytug poht by WhI'u
lie bI,lues, 0i tlc whole country m.gal he bought
back ta sale snd uuy4ryiug Slauidrd-a result Vi
ul, important ss wei o. The interests as 0" The o"-
fa, eel gHe People.
r.er, eau surely be no d.icreace afopinon m
fcgard 20 tie mCaicu.5u'e evils Iaat would lave a.
risen 4 tie Government, at that critical momrnt,
bad suffered iseli 20 be deferred from uphudlng he
uuS iluv standard pl value, either hy the pressure
oI adverse circumstances ur Tic v0.tuce ui uumtrt-
ed deuuuciauuu. The mannrr m WHICH the ptulie
sus AIMED The performance ct tbs duty was tisfN
Ho n.abe to ih,f 70. uu1c and patriotism. IL cannot
iti, tu Stimulate Ihcu agents ln adhere, unltr NJ.
cIcuuls auceS, 10 he lu, al duty and 10 satisfy
gbeu OF ID, ,alety Nuh which caulse ready rlgh',
4uu demanded ~ a hHaalal ciisi> may, al COM
mummy bhe ours, hc PAIsued, however apparently
| severe is immediate operation.
Ihr policy OF the Federal Government, Ia extin-
gushing as rapidly As possible TIE national debt aud
subsequently, IN resisting every temptation Ia ere-
ale new Que, deserves lu be- regarded IN the NE
favorable nghi Among the many ohlyclious 10
NATIONAL debt, The CERTAIN tendency OF p0nhc
lies 10 Concentrate ultimately in tie Golfers OF for
eign slockhode 5, IS winch Is every day galher-
ny strength. Already have the resources OF many
at the States, and the future industry OF their cu
zeuS, been udehntiy tiurlgaged Ia The subjects of
European Gu,trnmtnlS, 10 the amount al twelve
/ nHiunS annually, to pay The constantly dccruIug M
! teTes GA narrowed money! sum exceeding halt
| the ordinary revenues OF the Whole Umled States
The prrttAt winch THIS relation affords al loreigntrs
| to ScruuulZe the management ot our domestic al
| FAIRS Il not actually t1 lntermeidie with them, pre-
srntS subject Tor earnest at eutun, not 10 say ul
serious alarm.
Fortunately, the Federal Government, with the
exception Of an obligation entered tulu IN behalf o
the District ol Columbia, Which must soon be dis
charged IS wholly exempt from any such ,nitai
raSSmtn Ii Is also, as 70 believed, Tie uul Gov
eminent which having fully aud faithfully pad aiuS
creditors, has alSu relieved itself entirely rou debt.
10 MAINTAIN dstucuon SO desltabe, aud SO hons
orabe 10 national character, should be object
Of earnest soIcitude Never should tree people,
IT be possible to ayvd ~, ,xposc themselves TO the
necessity otharmg 10 treat OF HE peace, the honor
ur the ale ul ia, hepuuuc, WUt HE Governments
ut iO,tiAh CituHuN, WAC, however well disposed |
they may be 10 cutNdte NIl Us 10 genciai friendly
relations, are nevertheless, by The law oi tietr own
condition, made hpsltle To the success ana perma- |
HencY Of political Institutions like ours Most hu- !
HlIlatng may be lie em6aTssSments consequent |
upon such condition. Another Objection scarcely |
less formidable, 10 tie commencement OF new debt |
IS lis inevitable tendency TO increase III magnitude,
aud to foster national exlravsgance. He las been
an Improbable observer O events, who needs Ut
this day 10 be admon,,h he'd oil The ilcuIl eS which
government habtualy dependent on louns to snN-
tam lis ordinary expenditures, has 10 encounter IN
resisting tie influences CONSTANT, eXerled IA favor
Of additional loans; by capitalists, wAo enrich them
selves by Government securities Tor amounts much
exceeding the InHcy they actually adSance-a pro-
lhc source oi indy ldua, agsrandL~Ment N all 0o
rowing CuuutfIes; by Stockholders, who seek their
gains N the rise aud fab Of public stocks and by
lht selfish opportunities Of applicants or appropfIa
llons ur works avowedH 70, tte accommo lallun 81
tht ,ubc, but the real oblecls which are too ire
quenty, the advancement Q'prvate interests.
The known necessity which so many of the States
viii BE- under to impose taxes DOR The payment Of the
interest on their debts, FURNISHES an additional aud
VERY cogsni reason WHY he Eedssq nG59vfgBBpeRI
winch The People wnnId be exposed 10 duuoe la4d- |
Ton Tor a mar object. We possess W,tIllu our
selves ample resources for every emergency and
we may be quite sure that our crzeu,, nuu tuturr
exlgency, VIII be unwilling TO supply the Govern
Rent with all the means asked lor HE defence Vi the
county. ia time Of peace there can, al all events
be no Justification Tor the ere uOn OF a permanent
debt, BY the Fedora Government. It's uHed range
OF constitutional duties may certainly, under such
he performed without such result |
1t has it is seen, been avoided dming years OF
greater fiscal difficulties than have existed IN SIM
iar peuOI SINCE the adoption II lie cOn>tIuuon,and
one also remarkable for the occurrence Of exlraordi-
nary causes of expenditures.
Bat to accomplish so desirable an object, iwn
things are II spensable inst, that the acuon ofhe
FedcraI Government be Kept within the boundaries
prescribed by It's founders; and secondly, thai all ap
preparations Of oolecls admitted Ia tx constitutional
and Tie expenditure oi inem also, be subjected TO q
standard uingtd bat well considered aud practical
economy In trSi depends chiefly ou the Perpe
llc OPINIONS they form Of tie true con.
sruct0n Of the constitution, and the confidence they
repose in the political sentiments Of those tley Sc
Iecl as tier representatives IN the Federal Leglsa
ture The second rests upon the fidelity wlth which
their more immediate representatives., and other
public tnctlUnares, discharge The trusts coufmtned
10 them.
The duty oleeonomslng the expenses ollhe pub
lie service is admitted Oh oil hands; Yet there are
few subj ct upon winch there exists a wider differ
tnce 0i opinion than IS constantly manifested ~ re-
gard TO the fidelity with which l1at duty Is dlschar'
ged. Neither diversity OF sentiment, nor even mn-
iual reclnina ons, upon punt III respect Ia winch
Tie pubic nlnd rs 50 justly sensitive eau Van be en-
ttt1y avoided and l,ast 50 ~ peunds OF rat polt-
ics excitement. An intelligent People, however,
seldom Ia To arrive, ~ tie rud 81 an g cunc,u-
sols in such a matter. Practical economy 10 the
management ul pubic aiiaifs c3u have no adverse
influence 10 contend with more pow trlu, than a
large surplus revenue and the uuusuauy srge sp
preparations lor 1887 may, wltbOu doubt, ndepen-
denly Of TIE extraordinary requsilons of uIe putlic
service growing ou ol the state OF ou Indian fta-
mons, be- M no nconsIderable degree traced tolhls
source. The sudden and rapid distribution ol the
large surplus then N the Treasury, and The equally
sudden and uuprecedeniedy severe Revision N the
commerce and business VI Tue country pointing with
unerrng certainty "a a great ard protiacIed tr1oc-
ilJb ol the revenue, strengthened tnr plopuety Of
t.s earliest pracucabc reduction o, the puohc ex-
pendltnfes.
Butte change system operating upon 50 large
a surface, and applicable 10 sacil numerous and d.
yersiled interests aud objects, was more lhan The
woik OF a day. The alieuuon OF every department
OF the Government was Immediately, and 10 good
Euh directed 10 that end and has been o. cohtin-
YIN. auA