Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-09-02

49, VI WI
dispenser oil patronage and power. I'm,
sl very recently, it was sufficient great.
Y TO impair The influence Of any Nom.
Der 10 be suspected Of personal subser-
VIency to The Executive; and any alIu-
sion TO his wishes IN debate was deemed
a departure moi less from decency than
from order. An nxlou desire 10 &C
commodale the action OF Congress 10
opinions and accommodate the action
oil Congress 10 line opinions and wishes
oil Mr.. Tyler had led 10 notifications Of
The first bill for The establishment of a
National Bank, presented % him for
his approval, widely differing from The
oPInIons entertained Of their ex pedien-
cy 6y The majority Of both Houses Of
Congress, but which failed 10 obtain
mat approval Tor the sake Of which
Ihey had been reluctantly adopted. A
second attempt ensued, under a sense Of
The Indispensable necessity of a fiscal
corporation 10 The revenues and credit
Of The nation, 10 prepare an act, 10
which an informal int rcou and com
munIcatlon between a member of The
House, charged with the duty Of prepa-
ring a bill, and The President OF the
United States himself, might secu, Q by
compliance with his opinions a pledge
IN advance OF his approval of the bill,
wh6n il should be presented 10 him
That pledge was obtained. The bill
was presented in The very terms which
he had prescribed as necessary 10 OBJ
tain his sanction, and it met The same
late with its predecessor: and it is re.
markable thai The reasons assigned Ifoi
The refusal TO approve the second bill
are in direct and immediate conflict
with those winch had been assigned for
The refusal 10 sign the first.
Thus the measure, first among those
deemed by the Legislature o! the Union
ln~dlspensabIy necessary for the saliva
lion Of it's highest interests, and for The
restoration oil It's credit, its honor, lis
prosperity, was Frustrated, defeated an
nuIIed, by The weak and ~wavering obsli.
macy OF one man, acc identity, and not by
the wIl OF the people, invested with
that terrible power, as if propheticaIly
described by n Of his own chosen min.
isters, at this day, as "the right TO de-
prive the People Of seIrgoyernment."
The first consequence orlhis Execu-
tive Legislation was not only 10 pros
Irate the efforts OF the Legislature it.eI(
10 relieve The People (rom their distress,
10 replenish the exhausted Treasury
and call forth The resources OF she oaun'
Try, TO redeem The public faith to the
ruililment ofthe national engagements,
but 10 leave all the burdens and embar.
easements Of the public Treasury,
brought upon 1t by the improvidence Of
The preceding administration bearing
upon the People with aggravated pres.
sure. The fatal error Of the preceding
administration had been an excess OF
expenditure beyond lis income. That
excess had been an average Of eight
millions Of dollars a year, at least, dur.
ing The four years oil its existence. The
Pr acticaf system Of It's fiscal operations
had been a continued increase Of expen
dIlures and dimlnution OF revenues, and
II LETT as a bequesl To- its successor no Of.
(eclive reduction Of expenses, but a
double reduction q revenue to the a
mount Of millions, 10 occur, OF course,
by the mere lapse of time, unless ave
ted, wnhIn fifteen months by subsequent
legislation.
BY the double exercise OF the Presi
dental interdlct upon The Two bills for
establish n a National Bank his legis.
Iation was prevented. The excess of
expenditures beyond The revenue con
llnued and increased. The double re-
ducIIon OF revenue, prescribed by the
compromise Of 1888, was suffered 10
lake its full etfe ,t-no reduction o. The
expenditures had been prescribed; and,
in The course oil eighteen months, since
the inauguration OF President Harrison,
an addition ofat least fifteen millions 10
The enormous deficit already existing
IN The Treasury al the close Of he last
Administration, is now charged upon
the prevailing party in Congress, by
those who had made i, The law, while
the exercise of The veto power alone
disabled The Legislature itself from the
power OF applying the only remedy
which it was within the competency OF
legislation itseIf.o provide,
The great purpose for which the spe.
cial session Of Congress had been called
was ,hus defeated by The exercise oil
The veto power. At The meeting oil
Cong 'ess at The regular annual session,
the majOrities Of both Houses, not yield.
ing to The Encouragement of ~disappoint.
ed hopes and baAled energies, undertook
the task Of raising, by impost duties, a
revenue adeqnaIe 10 The necessities oil
The Treasury, aud 10 the fuIilmenG Of
the hajional obligations.
Re The RsSidnOus and I'm remittino In