Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1842-07-14

avails OF one year, as the table | have cxhi
ed shows, furnish no criterion by which y
can judge of what they will be the next ye
What protection can you afford to your mar
featuring interests Under the Presiden
construction YOU can one year raise TWEEN
millions by duties, in the next ten milliof
and the next not single dollar for it ma
happen, aud probably will happen again, as
did III 1886, that the proceeds Of the publ
lands will OF themselves be sufficient to rails
AN amount fully equal to the wants of In
Government
In that event, you must, according to I'll
RESIDENTS notion, suspend all your collec
IONS by imposts, or, if you have made them
you must refund TO those who paid them. How
VIII such system operate on the manufacture.
ing and commercial interests 7 Is that the
protection which you promised them by the
COMPROMISED Is that the faith which Won
| pledged 10 thcm9. And with. these obvious
consequences staring them fun in the face, is
II TO be believed that the Northern men were
"soit enough" to enter into such bargain as
'l'at NO, sir, no ] repeat that the con-
str"cuon which the President has given to
liie compromise is unsound and mischieyous.
MAJ II would make the act illusory and decep-
1--WE, ana neither more nor less than a fraud ON
,he hahuiacturing interests Of the country
IL would be equally injurious to the nercan-
Tile interests. A ship would go on her voyage
10 the East Indies, and the chances would he
, zen 10 one that there would be new tariff on
her cargo before her return. Theimport trade
wouiS oe turned into system ofgambling and
speculation alike ruinous to the interests andr
to the morals of the country
There Is another consideration connected
with this land fund as source of permanent
revenue which, probably, had its weight with
the authors of the compromise. 1t certainly
has much force with me. 1t comes when YOU
have least need Of ii, and it disappears at the
very time 1t would be most useful In seasons
oi prosperity, when industry reaps its richest
reward, when business of every description is
lourlshlng, when money is abundant, and q
spirit oil enterprise and speculation pervades
he country, capital naturally seeks invest
nent In the Government lands. The proceeds
81 their sale is rapidly augmented to three or
our times Its ordinary amount. Butwhcn tho
lay OF adversely comes, when distress ard
uihstalk abroad. iii the land, these investments
ease capital finds more profitable employ.
nent IN specializing in the mislortynes of the
ieoior classes the community, and the land
und, like barometer, which indicates the
redundancy or scarcity of money in the coun-
Iry' SINKS to the lowest point of depression.
ears affords striking illustration of the truth
'i this proposition. Viewing the subject IN
his light, even if there were no obligations re-
uiung from the compromise act resting
'Pon us, II the question of distribution were
new one, 1 should be clearly in favor of
Withdrawing the proceeds of the public lands
rom the Treasury. But when, in.addf1ion 10
hese considerations of cxpedency, the oblf-
gallons o! good faith to the manufactures are
'upeTaGded, not doubt can be left on NV
pursue. VI :
d. Having Tins cIn~ed ...,. new oil the Prcsl.-
icnt's objections to the bill which he has yes
oed on account of its supposed violation of
he compromise act, | cannot forbear. FROM
making a few remarks of more general char
,cter in regard to his message. This is. ber
ieve. the first occasion, Mr.. Speaker, upon
pediency alone, Is IF the United States has
tons on any constitutional rested he -:
had been a matter of conscience Win ifsAiy-
there might have been some excuse for him.
But must confess that can see no apology
for his conduct on this occasion. OF all sub
jects in the world, the subject of taxation is
the last with which the Executive ought TO
intermediate 1t is subject which belongs
peculiarly, and almost exclusively, to the inn
mediate Representatives of the People. 1t is
Il ucllcalc power 10 De exercised, and 1t Is one
in regard TO whic! the People are particularly
sensitive. In our Constitution that feeling
maEilests itself most prominently. Such was
the jealousy in regard TO this power, on the
part OF the trainers Of our Government, that
they would not entrust even the Senators, the
representatives Of sovereign States, with con-
current jurisdiction with the immediate Repre-
sentatives ofthe People over it. This jealousy
arose from the nearer proximity of that body
to the Executive, from the paucity of their
numbers, from their comparatively independ-
ent tenure of Office, and from the apprehension
that they would be more liable to Executive
Influence.
The Constitution has, therefore, wisely or
daincd that ali bills for imposing taxes on the
people shall originate in the House of Repre-
sentatives. This is most important safe
guard Of the rights and liberties Of the Peo-
| pie. We come dire city from the People ire
are presumed 10 know their interests and their
feelings; ne reflect their will and pleasure,
and 're directly amenable to them, at short
| intervals, for what we do in this Hall There
is no danger, then, of oppressive taxation em-
anating from tic popular branch Of the Legis-
laturc. But what becomes Of this principle.
( if you sanction the assumption that the Presi+
dent can, upon ali occasions, at his mere will
and pleasure, interfere with the exercise Of the
most delicate functions Of the House Of Rep.
resenta'ives, and dictate to them the mode and
manner i'll which they shall tax their own
constituents? IT is complete inversion oil