Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1842-04-08
NJ T. s S 4 & T..
VI II = = Il u II.
10 lie Scuue and ||Juse Df


Representatives Of the United .Siates:
notwithstanding the urgency with which
have, on more than one OCCASION felt it my dl.
ty to press upon Congress he necessity OF pro-
vldung the Government with the means of dis
charging lis debts, and maintaining inv o ale the
public faith, the incre sing embarrassmcn.s of
the Treasury, impose upon me the indispensi.
bic obligation OF again inviting your most seri.
OIs attention to the condition of G finances
Fortunately for myself, in thus bringing this
important subject to your view, for deliberate
and comprehensive examination of il in all its
bearings, and trust | may add, for a final adj
Jllsfinent ct 1t, TO the common advantage of the
whole Union, am permitted to approach it with
perfect freleom and candor. As few of the
burdens for which provision is now required to
be made, have been brought upon the country
dvrng my short administration of its aff,rs, |
have neither motive nor wish to make them
mater OF elimination against any of my prede.
cessors. | am disposed to regard, as | am
bound to trea, them, as facts, which cannot now
be undone, and as deeply interesting to us all,
and equally imposing upon all, the most solemn
duties. And the only use would make of the
errors OF the past, is, by careful examination
of their causes and character, to avoid, if DOS.
sble, the repetition of them in future. The
condition OF the country indeed 10 such as may
well arrest the conflict Of parties. The con-
Vlction seems at length to have made its way
to the minds OF all, that the dsproportion be-.
tween the pubic responsibilities, and .he means
provided Tor meeting them, is no casual nor
transient EVIL. IT is on the contrary, one who
! must, Tor some years to come, notwithstanding
a resort to all reasonable retrenchrnents, and
the constant progress of the country in popula-
ton and productive power, continue to increase
under existing laws, unless we consent to give
up or impair all our defcnces in war and ne ace
But this is a thought which am persuaded No
patriotic mind would, for moment entertain
without affecting an alarm, which do not fee /
ia regard 10 our foreign relations, il may safel,
De aiiirmed, that they are in state too critical
and involve too m my momentous issues to per
mt us 10 neglect IN the least, much less ts
abandon entirely, those means of asserting ou
rights, without which negotiation is withou
dignity, and peace without security.
In the Report of the Secretary of the Treas
ury, submitted to Congress at the commence
ment OF the present session, it is estma e,
That alter eXhausting all the probable resource
Of me year, there will remain defci, of abou
Sl4W'uUOo. Wnh view partly to perma
} ncnt system OF revenue, and partly TO mined
ate relief from actual embarrassment, that OF
, tcer recommended, together with plan fo
5 establishing Government Exchequer som
2 expe'llen's of more temporary character, viz
5 the issuing of Treasury notes, and the exter
sion Of The time for which the loan, authorize
$ to be negotiated by the act of the last scssio
c should be taken. Congress accordingly prov
= ded for an issue of Treasury notes to II
: amount of S5,OOaO0O, but subject to the COZ
d'tlon that they should not be paid away belo
y rpar. No measure connected with the last
, the two objects above mentioned was in,rod
ced until recently into the House Of Represc
y tat'ves Should the Loan bill now pending b
a fore tina, body pass into law for lis rrs.e