The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1842-05-19

uz.re The President nf The Uniisd states
. % postpone lhe expenditure" 10 eass
Of dsIis'sney % EssenBs; "sueh post
Ionsmenls. ID zach ease. % be merely
temporary. o. mil lhs rlose 81 ,hs neal
sessIan u Congress" msLilesly Imply
ing that these subjects Of appropriation.
llongh suspended mamenlsrlly Tor The
want Of money. are. al, thereafter. 10 be
Essemed and finished.
II. b. such rssoris - these. lhe public
expenditures were reduced IN 1870 10
IN esty.tuo and bali millions Of dollars.
!, furnishes surely no occasion Tor she sB-
ihors Of that reduction 20 boast Of their
ecanpmy. nor 10 accuse lheir successors
of sxlrsssganee in completing The works
which they had begun. Ia he military
establishment. the expenditure was near
Is . million lrss in 1870 Than in 1899.
Whyl Because. under The authority oi
these provisions in the acts Of Congress.
The President could arrest The operations
&c the mtchsnic and lab0rer on the public
works with his hammer or lrowei IN hsnd
Il midday. and whilst bis contract was
yet unexpued. though The walls Of Che
barracks or quarters IN which they labor
ed we're bot hall finished. with an sssu.
rance. however. that The works were MOI
abandoned. but only suspended until
Congress should provide sddiiional means
for carrying lhsm on; meanwhile the Pre-
sidsn,ial election will be over. In like
manner. seven or eight hundred thou
sand dollars are saved by suspending
The works on Notifications. and leaving
the half finished walls Of your foriresses
90 wind and weather, until the Treasury
should be replenishsd. Mr.. President.
this course OF temporary reduction. 10
make a lair showing IN The arithmetic
Of expenditure. so fsr from bring econ
omy vas neglect Of duty. Either the
military establishment aud che system
If Notifications 1.-The number Of men 10
The army. and their barraks and quar-
tiers; The armnries, srsenals, forts, DC.
should have been permanently lessen
I'd. or adequate revenues should have been
provided 10 support and carry them on
efficIenlly. The policy which was adop-
ted necessarily exposed The public pro-
periy 10 dilspidstion, expressly intended
no permanent reducuoa in expense. and
threw over upon the year ls4l many Of
the pscuniary burdens which properly be-
longed to 1910.
Mr.. President, in tracing the causes ol
the enormous average expenditure 81
twenty eigh, millions per year during The
last Administration. believe il will be
found 10 hsve been chiefly owing 70 lheii
having had redundant Treasury, which
they had no, been obliged to provide for
themselves the heir Of fortune 10 zen
erslly . prodigal, while The son Of indus
Iiuus poverty, who must needs accumu.
late for himself. is economical from habit
and necessity. In my humble opinion
the first and prolific source ofiha, system
nf expenditure. as well as Of many 81 the
other evils under which The country now
iabors. was in withholding the fourth
instalment from the SIa:es. /, deprived
the States of boon which they had 0
jus, RICH, 10 expect. under the provisions
Of the sct Of 1866 boon which was
held out 10 them as sure resource for
more Than twelve months; upon the rea-
sunable expectation Of which. they had
commenced public enterprises and incur.
red debts. aud which. though taken from
their grasp almost al The very momeni
when they were about 10 clutch II, was
sul, suspended over their heads, like the
bow Of promise in The heavens, until The
turblj and overhnwing waters Of public
expenditure were raised high enough to
absorb ii. That many Of the States
would have become deeply embarrassed,
independently Of the action Of this Gov
eminent in this particular, | do not doubt:
but tina, the endorsements al many oil
them have been FASTENED and increased
hy the loss Of the fourth inslalmen,. be-
licve. is equally certain. To them. in
their peculiar condition. il was every
thing; 10 US. fear. il has been worse
than nothing. With il, the las, Admin
| isua,ion expended in their four years one
hundred and eleven or one hundred and
twelve millions Of dollars Without il.
! they would sull have had one hundred
| and two. or one hundred and three mil
lions, giving for average annual exPen-
ses near twenty six millions per year
enough for all reasonable purposes
pough, the country will say. nay, has
determined. for all the good that was ac-
compllshed.
BY yielding this to the States. one Of
two results must have happened. either oil
which would have had harp! effect. IN
mitigating the severity OF cur present en-
barrass men,s--eiiher me,erial reduction
: of expenditure. to correspond in some
/ degree with the rate ofincone, or a time
ly provision Of means for support. by Iea-
son Of which the suddenness Of our pres
snt difficulties would have been avoided.
listened on yesterday with much pleasure
to many Of the remarks OF The Senator
from South Csiolina (Mr. Calhoun on
the dangers OF allowing expenditure to ex
ceed income. and the tendency OF an over