The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1842-08-04

But those who expend must also accumulate; and in
the of government taxes and loans the chief
sources of supply. Hence IL was, that aier by this
additional expenditure they had effeetuay picked the
very bones of the treasury they next turned their Ats
tsntion to the increase of taxes. Here to
be touched that ran through the body OF people, and
therefore, il important TO prepare them for tho
shock, by the soothing process OF distributions They
had had lett IN the Golfers Of the Government, not
unappropriated dollar. The ordinary income short
of the extraordinary outlay. Taxes, bad they been
sufficient in amount came in TOO tnrdly TO meet the
rapdity Of expenditure, & 10 borrow became, conse.
9uenty, the only immediate resource, This state oil
things was known and acknowledged, because bro t
about by the ruling majority. What then did they doF
In aggravaOn of these evils, and az It totally bent up.
the utter bankruptcy and ruin OF the Government
conGded to their care ihey proceeded to snatch every
dollar accrung 10 the treasury from The public domain,
and to cast il away in pltances 10 the States. No con'
sciousness Of S tolly-n' barrier 10 the constitution
''no beggarly account of empty boxes, toW therea-
sury department no terrors Of national debt -cOuld
possibly arrest them in this. Nor was the injustice Of
augmenting taxes when the means of the people to
pay, were diminishing, sufficient 10 reard, much loss
to prevent this proAgale waste OF The nations resour>
ces Distribute they would, and that too, at the haz
ard of the public execraton. They confded in the
craft of the scheme and were willing to risk its expos
ure. One dollar was to be gwen by the Governmsnt
through the states TO the people, and Tor that thEee paid
back, by the people, through the custom house. to the
Government. The people would see and might be
tempted, by the amount theV received, that which
they paid to be taken from them, in the dark and
at distance. The FIRST process was 10 be direct and
Vsible-!he second cTcuOus and obscure, and il was
upon this obscurty, that the FederalSs relied Tor m>
punity against detection in the mposture The act Of
distribution was therefore passed, and then in an in
slant AFTER the who passed 1t, urged that veA
ry act by which tho land revenue was thus excluded
from the treasury, an additional reason why the tax
es upon the people, should be Immediately increased
oc s;x If vupqa
in the frm oftar duties 10 the burthens before I'M
posed upon the nation. -
But in view Of the lost revenue distributed the vast
appropriations already made and those intended Tor the
future even this increase Of taxes would prove lnadeS
uuae loan of twelve millions of dollars, was there
fore, authorized upo the credit Of the people and the
pledge of their farms and workshops, for its payment
principal and interest This it was supposed would,
together with the taxes and the treasury noos already
aaoat afford fund sufficient to feed for tic present.
even The extravaganza Of the ruling power. nations
al debt would, it was true, with ali its evils be the n|
evitabls consequence So much the better, for such
debt, instead of being with Federa!ists why
they should economss the public insome, has ever
been, and yet is with them Of all reasons the very
strongest, for the most boundleSs prodgay Of expen-
dturs. And therefore, with this infatuated affection
for public dejt, they were not 10 be satisfied with
the twelve million loan beginning: but on the con.
trarY, they proceeded Immediately TO add sixteen mills
lions to that the last being intended the basement
stock of the Fiscaity, national bank more hideous
Infinitely in all its features than was the former insttu>
ton, whose conduct decay snd dissolution have appa-
led tho world have doomed 10 penurY 80 many ami-
lies and impaired much impurty to the social and
political morals of the country.
Natufs never abandons men absolutely to their own
ndscfOons for even 10 the gross confusion OF public
affairs, she often interpoSes her silent authority TO check
the dominant power in state, whenever II threatens 10
inAct degree of misery she never intended mankind
nc tha hneon nf
therefore, the veto sprung to strike down the toTh-
coming monster while yet in its iCtus conoiton. Inc
presiding magistrate had rOC0ivsd the sceptor from the
hands of that party but moi upon the condition Of per-
ury and dshonor He felt that he owed some allegi-
ance to the constitution of his country, and as it was
the constitutional veto which alone intercepted the bank
and the debt the majority desired they resolved 10 att
tack the constitution ITSELF and the President who had
dared to support 1T thus far upon that point, he still
stands firm. How long the constitution shall stand, re.
mains for the people and the states to determine! lts
enough that the nation now Knows full well, the
designs of the Federal leaders, their principles their
measures; the measure of their ambition and proAga-
cy as thus displayed in extra session of three months
and fourteen days duration and which closed It's mems
orabIe labors on the 18th of September 1s4l.
Congress commenced its present session on the 9th
of December 1941, and up the date this letter. has
continued, without ineFmissonj for seven months and
seventeen days. will adourn some time or other, but
not presume, until The master majority shall have,
more eHeCtuaIy, IL lndt pOSulUlet toiI
own passions and tho PATIENCE of the people, as we'll
as the resources and credit of the Government when
they assembled. That silent but thorough revolution,
which is now perfected, in the public mind, had then
greatly advanced as visible in the popular elections
Upon almost every battle field where in 40 they tTiS
umphed they had or have since been routed by peo>
pie indignant at having been shameully betrayed.
Full one half of their numbers, both in the Senate and
IN the House, now fndthemselves' unsupported their
principles and the measures sernly condemned BY the
States and districts that sent them here: In federal
ism however, this has produced no change. From the
beginning the preieni it has continued the p,cy Of
the extra session. and yet continues pursue that poll
lev, with ali the preternatural energy Of despair;
though resolved during the brief rturiy of its power
to stamp upon the country, deeply possible, the
dark impress of its baelh genius. With these views the
party have proceeded. They have authorized an add.
tiona loan Of FIVE millions Of dollari. They have ad.
ded five millions 10 the treasury notes previously
issued. But these, with those oftba extra session, are
still not enougb and therefore, another tarhas passed
the House and will certsnly pass the Senate, imS
posing thirteen millions more u taxes upon the 'coun.
try. Thus wilFstery article from abroad all things
that minister to the wants OF mem tea, coffee, WhaeV.
or is most needed to the poorest citizens each one and
a now weld its tribute ito fill yet fuller, thp already
| distended nav Of insatate power -"
And yet after all this oans taxes, and treasury notes
how stands The treasury 7 Still empty How stands the
public credit the credit of this great Government, lie
| credit that never once was sued when Democracy
presided how stands it nowl Down, and still hopeless
" sinking down lower by far than that Of any respeca-