Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1842-04-01


us asking for appropriations far beyond
any NJ hose that have heretofore been
d man ted in time or peace, and that
with rull know edge Of the lact Of an
empty Treasury Bn, still hope. when
they shall see Congress heartily, IN
earnes,, engagrd IN rerrenching useless
expenditure, aod reducing estimates
hat cannot 5e complied with, that they
Wi boldly bring out 10 view all abuses
which exist 10 heir several spheres n'
action ana let US apply the PrIning kn'e
50 az 10 reduce the national expenditure
within some proper aud reasdnaoIe
amount Al oil events, they are. OF
course mnsl familiar with The details of
the snbpcf "a it relates to their several
branches uf he sdminls'ra'lIn Among
other items there are seveTsI useless
minis which Only operate TO waste the
pubic money. friend, occupied IN in-
vestiqaing his subject has told me that
he mint in New Orleans has already
cost the country half million OF dollars
Tor getting ready 10 COIN bullion lot yet
dug out ofthe rnln"!
Nr. Berrlen here spoke across some-
,hlag not heard BY the R1porler IN re-
a'ion 10 The mint AT Dahlonega. which
excited much mir'b in the neghborlng
part OF the Chamber
While every piece Of coln made loy
these useless establishments could just
a well be coined by the ceulraI mint at
PhiIa Iplphs.
And now. having gone through with
all the details OF this series Of resoiu.
lions which thought il my;duty TO no.
ice. allow me, IN drawing 10 conc'u'
sion Of these remarks. to present some
o. the advanrages which II app ars 10
me should urge Us to adopt the system
Of fnaacial arrangement !conlemPIattd
70 the resolutions.
Aud, first. The Government will in
this way, secure itself an adequate "a
mount Of revenue without depending
on temporary and dsrepulsb'e ex-
pcdleuts. and thus preserve the public
credit unsuled ~ hich deem a great
advantage Of the plan Credit is OF in.
ca culabIe value, neither to d nation or
Al individual. Eng and, proud England.
a country with which we may one day
come in coohlcr-tbough it gives me
pleasure 10 say that cannot perceive
al present The least speck OF war IN The
poIi'ica horzon-ow her greatness,
her vasrness Of power, PerVsdlng The
habiable globp, mainly 10 her strict and
uniform attention " The preservation Of
the naionaI credit
2. The nexi thing recommenfed Is re.
fr nchmen in the national expenditure,
and great economy IN the administration
OF the Government. And do we not owe
II to tins bleeding country, to ourselves,
and The unparalleled condition oi times,
To exhibit to the world a fixed, resolue,
and pa riojc purpose TO reduce the pub
lie expenditure lU an economical sian
dard?
3 Bat a much more important advan.
tage In 10 either Of those have yet sd.
verlpd TO l. to be found in the check
which the adoption Of this plan Will i'm.
pose on the efil1x oflhe precious metals
from this country To foreign countrles.-
shall not now go into the causes by
which the country has been brought down
from the elevated CONDITION of prosperity
it once enjoyed to lis present slate Of
general embarrassment and distress.
thInk that those causes are as distinctly
10 my understanding and memory Hs
anv subjects were ever impressed there,
| desire not 30 go into discussion which
can only revive the remembrance Of un.
pleasant topics My purpose, my fixed
purpose on this occasion, has been tu ap-
peal 10 al gentlemen on all political sides
ol his Chamber to come Out and make a
sacrifice ol all lesser differences in pat
r,oic, generous, and general effort Tor
the reIeIl of their country. ! shall not
open the bleeding wounds which have, IN
too many instances, been tiicted by
trohers' hands especially will ! not do
so al this time, and On this occasion. I
4
shall look merely al facts as they are, [
shall not ask what have been the re-
mote causes Of the depression and wretch.
edness of our once glorious and happy
country. will turn my view only on
causes which are pr ximarr, ndlsPuIbIe,
and immediately beio Gus.
One great, if not sole, cause is to he
found N the Withdrawal Of coin from the
country 10 lay debts accrued or accru-
ring abroad for foreign imports, or debts
contracted during former periods OF pros
periDy. & still hanging over the country.
How this withdrawal operates in prac.
uce ia not difficult TO he understood.-
The banks of the country, when they arc
IN a sound state, act upon this coin as The
basis OF heir circulation and discounts;
the withdrawal Off not only ObIlges the
b nks 10 withhold discounts; and accom-,
modaIons, but to draw 10 what is due