Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1842-07-07


hoped, soon TO enjoy an overlooking pos
. lper.iy. The very terms OF the loan, max.
ing il redeemable IN three gears, demon.
strate this beyond all cavii.
Who at the time foresaw or imagined
the possibility OF the present real state Of
things, when a ust'an that has paid Oft her
, whole deb; since the last peace, while all
The other great Powers have been increas.
ing theirs, and whose resources, ALREADY
so great, are YET but IN the infancy OF
+ .heIr development, should be compelled to
lhsrgle in The money market for a paltry
sum. not equal to one years revenue upon
! her economical system7 lflhe disribu.
ton law is to be indefinitely suspended,
accordingly not only to its own terms,
lbu: by universal consent, in the case Of
war. wherein are the actual eSigencies q
lthe country, or the moral obligation TO pro
wide for them, less under present circum.
stances than they could be, were we ae-
uallv involved in war IL appears 10 the
10 he the Indispensable duty OF all cor
cetned in the administration oi pubic al
fairs 10 see that state OF things so hn.
initiating and so perilons should not last
a moment longer than is absolutely una
yoldable. Much less excusable should
we be in parting with any portion OF our
lavailable means, a, least uuill The uemanos
OF the Treasury are fully supplied. bu',
besides the urgency Of such consldera-
fions. The fuct is undeniahle that the DIS
tribution act could not have become law
without the guaranty n the proviso OF tho
act itself.
This connexion, thus meant 10 be IN
senarable. is severed by the bill presented
10 me. The bill violates the principle of
the acts OF 1888 aud September ls4l, by
suspendug the first, and renGerng' Tor
time, the last imperative. Duties above
30 per cent. are proposed TO be ievied'
and vet the prociso 10 the distribution act
4 is disrcparded. The proceeds OF The sales
are 10 be distributed on the LIST OF August,
50 that, while the duties proposed 10 be
enacted exceed 30 per cent, no sasPeh'
son of the distribution TO tho States is
permitted to take place. To abandon The
principle for u month is TO open The way
! for lis total abandonment. II such is no'
meant, why postpone al all why not
let the distribution take place on the Isl
of July, if tie law so Directs (Which,
however, is regard d as questionable. -
But why not have limited the provision to
tina, ,nect7 Is it for the accommodation
of tie Treasury see no reason to be-
lieye that tie Treasury will be III better
condition 10 meet the payment on The Isl
! Of August than on the Is. OF July.
L thuf fbp n fIhlltiuU
1 of The proceeds Of the public lands IS, by
/ existing laws, to be made on the LIST day
| Of July, 1912, notwithstanding there has
| been an imposition of duties on imports
exceeding 30 per cent. up to that day, aud
] directs il 10 be made on the LIST oil August
next. II seems to me very clear that this
conclusion is equally erroneous and dan
serous as il would divert from the Irea.
sury fund sacredly pledged for the gen
erai purposes Of the Government, 10 The
event of q rate of duty above 20 per cent.
! being found necessary tor an economical
administration Of the Government.
The bill under consideration is design
ed only us IA temporary measure; and
thus temporary measure, passed merely
for the convenience of Congress, is made
to affect the vital principle oi an important
act. If The proviso Of the act Of Septem.
Der, 1s4l, car be suspended for the whole
peri, of temporary law, why not Tor
the whole period Of permanent law Ia
| tact, doubt may be well entertained, nc.
cordng to strict legal rules, whether tue
condition, having been thus expressly sus-
! pendt d by this BILL and rendered inappli-
cable II cas- where it would otherwise
have clearly applied, will moi be cons d.
cred as ever u.ier satisfied and gone.
| Without expressing any decided opinion
on this point, see enough in il to justify
me in adhcrug to the law as il stands, in
preference TO subjecting a condition so VI.
tally affecting the peace of the country,
and so solcmnly enacted at momentous
crisis, and 50 steadlastly adhered to ever
since, and so repltte, if adhered 10, with
good to every interest of the country, to
doubtful or cap,ious Interpretation.
In discharging the high duties thus i'm.
posed on me by the Constitution, | repeat
TO the House my entire willingness 10 CO.
operate in oil financial measures, consti-
tutional and proper, which in its wisdom
II may Judge necessary and proper to re-
establish The credit Of the Government. -
| believe that the proceeds Of The sales of
the public lands beng restored to tho
Treasury, or, moro properly speaking, the
proviso Of the act Of September, ls4l, be
ing permitted to remain in full force, a
tariff of duties may easily be adjusted,
which, while il will yield revenue sufi-
Client to maintain the Governmrn nj in Wig.
or, by restoring lis credit, will afford am
pie protection, and ntuse a new life into
all our manufacturing establishments.
The condition ofthe country calls for such
legislation, and il will afford me the most
sincere pleasure 20 co Operate in it.
JOHN TYLER.
WAsHiNGToS. June 90 1912.
IMPROVEMENT OF rue WESTERN WA