The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-04-04
From The Boston Atlas
THE PRESIDENTS MESSAGE.

The following Message, on the present state of the
finances of the Government was communicated to
Congress on Friday last. We pleased that the
President has taken upon himself the responsibility Of
stating in forcible terms, the unfortunate position in
which the country is placed, and of calling the atten-
ton of that body to the pressing necessity of adopting
early and efficient measures to redeem the violated
faith and meet the occurring obligations of the Go
vernmeni.
| The language of the President, in relation to the
subject of a Tariff, which, while it yields revenue suf
fcent to meet the public expenditures, shall afford
protection TO the manufactures Of the country and Sc
cure an adcqute remuneration to our domestic indus
try-s satisfactory and accept with pleasure this
pledge of the support of the Executive Department of
the Government TO this measure Of such primary i'm
porance TO the national welfare
Upon this point the President holds the following
language "Fron present indications, it il hardly
doubtful that Congress will find it necessary TO lay
additional duties on Imports in oder TO meet the ord-
nary current expenses of the Government. In the
exercise of sound discrimination having reference
to revenue but at The same time necessarily ofording
incidental protection to manufacturing industry il
seems equally probable that duties articles of
npori alton will have to be advanced about 20 per
cent In performing this important work of revising
the tariff Of duties which in the present emergency
would seem to be indispensable, cannot too strongly
recommend the cultivation Of spirit OF mutual har-
nlony and concession, to wi ch the Government il
self owes liz origin, and without the continual excr-
else of which, jarring and discord would universally
prevail"
We must confess we do not see the necessity of
even temporary suspension of the law for the disri
button OF the proceeds of the public lands among the
States. We have always considered those lands as a
domain peculiarly belonging to the States, and we be-
lieve that judcious tariff, calculated to raise
enue sufficient to meet all She expenditures of the
Government, and so dispensing its assessments to
afford an ample protection to all the various branches
of our domestic industry, would answer all the pur-
poses of restoring the public credit to its former high
standing, without diverting the income from the pub
lie lands from what we deem its appropriate appca-
ton We do not for one moment hesitate to say,
however, that the re-establshment of the fallen
dit OF the nation and the most ample protection of
the labor of our citizens against the pauper labor of
Europe, are, with us, measures Of paramount and r
resistibc importance and as wise and judicious
measure as we deem the Distribution law to be, we
would surrender it, if need be- to resuscitate the
sinking credit of the nation TO relieve the country from
the almost hopeless state of bankruptcy into which the
long prevalence of locofoco misrue has thrown it
and to save from that fathomless depth of ruin into
which it will inevitably be thrown if the great ine-
rests of its own. industry disregarded and de-
serted