Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1841-01-02
no AT

d slifaiiftf thtIr aThtjta 10 adilufe, uudtr nil cireusn-
IL s%'aneea. % tie tine Of duty md 10 satisfy them Of
d The safety with shi i . 8 yfse teasly right, aud
= demanded by a d.tapejuI crisis, 'nay il a commit
j. nifty ltse unts. h. ,ntftued however apparantly se-
spre i'a iannejjtfe operation.
Ths policy . 40 Federal G%osernment in ex-
t Ehsniahths as fsF9lly rs possible tie natienaIdtbt,
si1a. AnhaFqnorfg in resisting every temptation 10
crsoto q nHw u g. deserves to be regarded 10 The
ssno f%ardretle flu. Among The inuny objections
1 70 q %antional dsu'. The certain tendency Of public
~seosifities 10 coaeratrnte ultimately ~ The coifofs
81 fotetan oioet' 5tiers, is one which Is every day
gathering strea.th. Already have the resoureee
Of many oftae @sttes, md the future industry II
their eitt1ens, besu indefinitely mottgaged to tbs
subjects Of Fafa.ean Gosprhntents,to the amount
Of twelve millions annualty, to pay thH constantly
accfndss Interests on borrowed monry-a sum "
cest''aa haiftho ordinary revenue OF tho whole
United States. The ptetext which this relation
affords to Foreigners 10 sctuiinize she management
vt si' 1 ~sa.atse elIaifs. if not actually informed.
lie with lhesn. arfcteets'a subject Ter earnest atten.
ton, n1' Il say Of sefiaus alarta. FotIuaaseiy, tho
Federal a~,.erpmenl, wifi Inc exception oil an Oh,
hgation entered into in behalf of the District Of
%bR'tap.A, "HtGit HhE+ sup5 W ulsGtbfSPu, IL
wholly exempt ffatgf ouy sech Embarrassment. IL
is s'so, ~ is believed rteonlf government which,
having fully and faithfully paid all its creditors, has
also relieved itself entirely from debt. 10 main
tain . distinction 80 desirable, and 50 honorable 10
orr national u~iiaracitf. ahnuld be an object Of
earnest soii,.dp. fyvef should a free people. If
II be Fose;hle 10 .voia it, expose themselves to tho
necessity Of having 10 treat Of tho peace, the
hnnar, or fhe safety Of The Republic, with the Gn-
eeFiHentr OF foreign creditors, who, however well
disposed they may be to ~euitftate with as in gene
rsl friendly relations, afo ne fcrtbe!ass, by the law
Of ihrifsns71 condition. made hostile to the success
and permanently II political institutions like ours.
Merchandising mist be The etttartessmen,s con
segment tpon such ncendl;i5n. Another oljec-
| ton, seareeiy lass Formidable, 10 4he commence.
mant u . new delft, is It's i~nesiiat1e tendency to
sacreseo m mn 1uit4de, aud 10 foster national ex~
trs,aga1ce. lie has bsen an bugroftabls observer
4 eyenis, vho nerds at this day TO he admonished
Of tie difficulties which a Government, habitually
| dependent on loans TO sustain lis ordinary expen-
di'ufps, has to encounter in resisting The influence
constantly essttel in favor Of additional foans.
by capitalists. who enrich themselves by govern
ment securities far amounts much exceeding the.
| money they actually ADVANCES prolific source of
Individual aegiapdizemrut in all borrowing coun.
tries, by esoc'hofdefs. who seek their gains, in Tie
rise aud ffi Of public stocks; and b. tho selfish
importupi'ias ii applicants fnr appropriations for
works s~voveaty for The accommodation Of the pub
lie. but No fcal olieGty Of which are, too frequent
y. he advancement Of private interests. The
known necessity which 90 many of the States will
be under 70 impo.s ;azes for tho payment q. tie
interest on THEN debts, furnishes ali additional End
very cngent fcssen why The Federal Government
should ffftain from creating q national debt, hy
Which The people would be- exposed TO double Tax.
ation FIJI a sinilar object. We possess within our
selves ample resources for every emergency; aud
wn ray he quite aufo chat our citizens, III no fu- 4
tufe ~tzisency viii be unwilling 10 supply The Gov
eminent with all he means asked for the defence
Of the country. In tirne of peace there can, at all
events, he no qualification fUf the creation Of a
permanent debt by the Federal Government. Its
limited range ofcoosti'ntionai duties may certainIv
under such circumstances, be performed without
such q re.aft. It kae,it is aeen, been avoided during
four rears Of greater fiscal diff; ulties than have
existed in Q similar period since the'adopticn ofihe
constitution, end one also remarkable for the oc-
currencu Of extraordinary causes of expendt"
lures.
Bit. TO accomplish 50 desirable on object, two
thing. are indispensable; first, that the action Of
The Federal Government be kept within The boun.
darics prescribed ty lis founders; and, secondly.
that all appropriations far objects admitted to be
constitutional, and the expenditures of them also
be subjected TO 8 standard of rigid hut well con-
sidered anj practical economy. The FIRST depends
chiefly on TIE people themselves, the opinions they
form Of the true construction Of lhe constitution,
and tie confidence they tepose IN the political sen-
tiuents ofthose they salect al their representatives.
in the Federal Legislature; the second rests upon
fhe fidelity with Which their more immediate rep
resantativas, and other public functionaries, dis
charge the trusts committed TO them. The duty Of
eeonorniz:Eg tbs expenses Of The public service 10
admitted on oil hands: yet there are few subjects
upon which there exists a wider difference Of OPT
MON ihaa is constantly manifested in regard 10 the
fidelity with which tbs duty is discharged. Neither
diversity of sentiment, OF even mutual recrimina-
fions, upon a point in respect 10 which the public
mind ia 30 Justly sensitive, ran we'll be entirely
avoided: snd least so at periods of great political
excitement. An intelligent people, hosesef, REL
dom fail 10 arrive, in the end. at correct consta-
sions In such . matter. Practical economy in The
management Of public sfTairs ear have no adverse
influence 10 contend with more powerful than a
large surplus revenue; and the unusually large APP
prorfialious for 1897 may, without aonht,lndepesi"
IDENTITY Of the extraordinary reaaisitions for the
puhiic service growing ont Of the state Of our in<
dian relations, be, in no ineonsiderable degree, tra~
cel 10 Ibis source. The sadden and rari1 distai,.
button oftbe large surplus then in the Treasury,
and tho equally suddoa and anpreeedentadly SCI
we're ravulsio1 in the commerce and Business of
the conntry. pointing with nneffing certainty 10 a
great and r~rc1rzcted reduction of the Tegenus
strengthened the ~EforrTety ofthe earliest pEacti~
cable reduction Of The public expenditures.
But, to change q systerG operating upon so iaFga
a surface, and applicable TO such numerous and
diversified interests and objects, was more than the
work If Jay. TIE attention Of every department
of the Government was Immediately, and 10 good
faith, directed to that end; and been so eontinu%
ed to the present moment. The estimates and ap-
preparations for The year 1899 ('hs first over which
i had any eontrol) were somewhat reduced. lbs
expenditures Of 1899 were reduced six millions OF
dollars. Those ofia4o, exclusive Of disbursements
for pubiic debt and trust claims. will probably not
exceed twenty 1--WE and a half millions; being be-
tween two ard three millions less Than these Of tina
proceeding year, and nine er len millions; less