The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-04-04
OPINIONS OF THE PRESS.
From The N. Y. Journal Of Commerce.
rHE PRESIDENTS MESSAGE.


The President has done his duty-now let Con
gress do theirs He has made known to them, in the
most formal manner, the wants OF the Treasury, and
sugge. ted means for the supply Of those wants. II
Congress dsapproves OF his suggestions, let them de-
wise some other mode of replenlshng the Treasury
but at all events let il be done and done immediate
ly that the public honor may no longer suffer ne
measures recommended by President Tyler are IN
effect lhese,-that the restriction be removed wnich
prohibits the parting with Treasury notes at less nan
par the extension of the time which the SiN ooo'
900 loan NAV be made TO run the repeal d the LAM
Distribution act the increase OF duties on 'PoI,s
and the establishment OF an Exchequer bahA' ihe
repeal of the Land act, we think IL obviously ue
manded by the present condition Oh me nations" w.,
finances With an empty Treasury, eighteen mi
lions of debt and Treasury notes lying under protest
for lack of The means OF rrdeeming them, II Is rdicu-
ous To talk about the dis rbuon OF surplus revenue
The fact il, have no surplus revenue ana are no.
likely TO have. The surplus which we once dld
have (say ia 1850 was our opinion great curse
to the country by encouraging the States to plunge
deeper in debt than they otherwise would nave
done, and by leading them to depend upon the ma
tonal government for the supply OF Their wants
instead of relying upon their own resources
A new distribution would he productive of SINH
lar results. Several Of the States do not want
the money; and some that do want 1t, Lave
refused to receive il, believing tie act which
makes the appropriation, unconstitutional New
York will probably be added to this nun
Der. The committee public lands IN Assembly
have reported a resolution ms ructng our Senators
and requesting our Representatives in Congress 10
vote for an immediate repeal Of said act which they
say is liable to many constitutional obections-is
cenralising and consolidating in its tendencies cor
ruptng to the purity Of our national legislation de-.
grading and demoralizng to the State governments,
destructive Of our efficiency abroad, contingent ana
unjust in its operation, certain TO result in debt and
taxation, and in truth productive Of an inhnity OF
evils. The repeal of this act will relieve the lrea-
sury to the amount of three four millions annually
Then put on duties enough to supply the dehcency,
be the same more or less five cannot pay our cur
rent expenses in time of peace, what should we do
in case Of foreign war;
The President is of opinion that in the exercise
of sound discrimination, having reference to re-
venue but at the time atordng Incidental pro-
lection to ma ufacturing industry
duties some articles of Importation VIII have 70 DC
advanced above per cent Well, be it so, The
people will readily pay whatever may be necessary
to meet the wants of an economical Administration ;
and if Discrimination to extent, is found expe-
dent, they will not object to that But to pay duties
merely for the sake of making certain persons bust
ness profitable, is what they will not willingly con-
sent to-
1t is to be hoped that Congress, having wasted SO
much time upon trihes will now set about the real
business of the session, first providing for the imme
date wants Of the Treasury and then making ar
engagements which shall secure sutfciency OF re-
venue in time to come.