Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1842-08-20

accordingly, imposing them in spirit Of wise
Discrimination, for the two fold obj ect of aHording
I ample revenue for The government. and inciden
tai protection 10 the various branches OF comes
tic industry. also pressed, IN the most einphat'
ic but respectful language could employ, the n e.
cessIiy Of making the land sales available To the
treasury as the basis of public credit dId not
think that | could stand excused. mach less JustI
fed before the people of the United States, nor
could reconcile 1t to myself to recommend the
IMPOSITION Of additional taxes upon them without,
AT the same time, urging The employ nent OF an
the legitimate means OF the government lo"ai ds
satisfying its wants. These opinions were com
municaied IN advance of any definite action Ut
Congress on the sui lect enher of the tariff or
md sales. under high sense Of public duty. and
IN compliance with an express injunction OF the
ConsiItulIon-so that If a collision, extremely 10
be deprecated as such collisions always are, has
seemingly arisen between the Executive and Lee
gislatIve branches of the Government, II has as
sured!y not been owing 10 any capricjnus inter-
ference, or TO any want OF PLAIN anu frank dec
aration of opinion on The part OF the former-
Congress differed in it's views with those OF the
Executive Us it had undoubtedly right tn do,
and passed bill virtually for time repea ing
the provIso Of the of the 1ih September, lSll.
The bll, was returned TO he House. in which II
originated. with my objections TO It's becoming
law.-Wih n view TO prevent, If possible, an o.
pen disagreement Of opinion on n point SO import
ant, | took occasion 10 declare that regarded 1t
as an Indispensable prerequisite to an increase
Of duties above 20 per cent, that the act of the
ith Septe mber should remain unrepeaed IN lis
provIsions. My reasons for that opinion were e.
laborately set forth in the message which accom-
panied the return Of the bIll-which no constIiu~
tionai maj 'rIty appears to have been found for
passing INTO n law.
The bill which is now before me proposes, i'll
its 9Th section, the total repeal of one of The
tt
crenses the duties above 20 per cent Directs I'm
unconditional dis ribuIion Of The land proceeds
am therefore subjected a second time, in the
period Of few days, TO the necessity OF either
giving approval TO measure which, In my
deliberate Judgment, is IN conflict with great pub
lie lut ercsts, Of returning II 10 the House
which IT Originated. with my objections. With
all MY ANXIETY for tho passage of n law which
would repenlsh an exhausted Treasury, and fur
nIsh a sound aud healthy encouragement TO the
rhanical industry, cannot consent TO do SO at
the sacrifice of the peace and harmony of the
country, and the clearest CONVICTIONS of public
duty.
For sutuu Of III .U,..~--- 1T - t---.e,L.
me to ihls concIusion | refer To nv previous Mes
sqres TO Congress, and briefly sutjoIn the follow
ing
l. The bill unites two subjects, which, so far
from having any affinity TO another, are Who'll
" incougruous in their character. 1t Is both Il
revenue and an appropriation bill. 1t thus lmpo'
ses on the Executive, in the first place, the me-
cessitv of either approving that Which he would
reject, re jecing that which he might Otherwise
approve. This Is species OF constraint to
which the Judgment Of the Executive ought not.
in nv opinion, to be llacied. But that IS not
nv ouIy objection to The act in lis present form.
The union Of subjects wholly GIssimtlar IN their
character ~ the same bill. it Il grew INTO Prac-
,ice, would not fail to lead TO consequences des-
of all wise and conscientious legislation
Various measures. each agreeable only 10 n small
minority, might, by being thus unite d, and the
more the greater chance OF success, lead TO 'hc
passing OF laws, Of which no single provision
could, # standing alone, command msJ orlty IN
its favor.
>. While the Treasury is in state of extreme
embarrassment, requiring every dollar which 1t
can make available, and when the Gov ernmeni
has not only to lay additional taxes, but to bor-
row money NEE, pressing demands, the bill
proposes to give away a fruitful source OF reve
nue-which Is the same thing as raising money
hv loan and taxatlon-not to meet The wants ui the
Government, but for distribution. proceeding
which must regard as highly iinpotic, if NOT
unconstitutional
a brief review Of the present condition of the
public finances will serve to illustrate the true
condition OF the Treasury, and EXHIBIT its actual
necessities Ga the 5th Of August. FRIDAY as,,)
there was In tho Treasury, IN round numbers.
S2,l5OO 900
Necessary TO be retained to
meet trus, funds, 100000
Interest on public debt due
in October. $4,000
To redee I'm Treasury notes
and pay the interest, 100000
Land dis trihuton. under
the of the iih Sep
TENDER, ISL, 100000
--Sl, $50 900
Leaving an available amount Of 100000
The Navy Department had drawn acquisitions
on the Treasury. at tina, time, TO meet debts ac>
iuav due, among which bills under protest