The North-Carolina standard., 1843-05-24

guage ofthe interrogatores themselves, not deem
ing necessary to enlarge upon subjects the consd
Grafton and discussion of which h5ve occupied ;
considerable portion of my pubic life. Insteae
therefore of troubling you with reasons in detail
for my opinion on the bank, the distribution, anc
the veto questions, shall have the honor of trans
mitting to you speeches delivered by me on these
Subjects in the Senate of the United States, during
the present Congress
! In the first place, then, I am "opposed to the
chartering of a National Bank, or any other in
stitution by whatever name it may be called, au
thorized to issue bills of credit for banking purpo
ses, or to regulate exchanges" believing any such
institution to be both unconstitutional and highly
inexpedient.
g. am 'opposed to the distribution of the pro-
ceeds of the public lands among the several States
of the Union"
8. If by protective tariff you mean the levy
ing of any higher tax upon imports than may be
necessary to secure sufficient revenue for the pur-
pose of sustaining economical administration
of'the Government then am opposed to any
such tariff: On this subject 1 cannot better pre-
sent to you my views than by copying few SEN
tences from my remarks, made in the Senate of
the United States on the 9th August last, on the
tariff bill They were as follows
81 would upon the present, as upon almost ev-
cry other occasion, have acted upon the princi-
Piles of General Jackson, man nearly as much
distinguished for sagacity and craftsmanship, as
for his courage and conduct on the field of bat
tie That illustrious old man, having the revisal
and reduction of the tariff of 1882 distinctly in
view, uses the following language in his annual
message of December of that year: 'The sound
est maxims of public policy, and the principles
upon which our republican institutions are found
ed, recommend proper adaptation ofthe revenue
to the expenditures; and they also require that the
expenditure shall be limited 10 what, by an Geo.
nomical administration, shall be consistent with
the simplicity of the Government, and necessary
to efficient public service. In effecting this
adjustment it is due, in justice to the Interests OF
the different States and even to the preservation
of the Union ITSELF that the protection afforded by
existing laws to any branches of national indus
try should not exceed what may be necessary TO
coumteract the regulations of foreign nations and
to secure q supply Of those articles Of mGmutac-
ture essential to the national independence and
safety IN time Of qcar.' In several of his pre-
vous messages to Congress he avows similar
principles in terms still stronger; and in one Of
them he cites the authority of Jefferson, Madison,
and Monroe in their support. This IS my creed up
on the subject of the tariff and [ am both willing
and anxious to carry it out fairly in practice l
am willing to unite with my political friends from
the North, the South the East, and the West, in
W
the lowest point, consistently with the national
honor and the national safety. 1 would not i'm
pose one dollar of duties on foreign imports, be-
yopd what may be necessary to meet such an
economical expenditure. In adjusting these du-
ties, shall never abandon the principle of dis
elimination in favor of such branches of home
industry as may be necessary to secure supply
of those article of manufacture essential to the
national independence and safety in time of war;
and this more especially after such manufactures
have been established at immense expense on the
faith of your laws, would save them from sink
ing into ruin by such a rate of discrimination as
may be necessary to preserve them. l repeat
that this is my creed; and it has always been the
creed of the fathers of the Democratic Church"
wide the Congressional Globe, for the session
1841-42, page 951.)
4. am "opposed to an amendment ofthe Con-
stitution of the United States, still further limiting
the veto power"
s. 1 shall 'tabide by the decision Of a National
Convention of the Democratic party. in the Sc
lection of candidate for the Presidency; and
shall give my support and influence to the cleo
tion of the nominee of said convention"
Yours, very respectfully,
JAMES BUCHANAN.
Ethan A. Brown. John Law, Nathaniel West,
John Petit Jesse D. Bright, and A. G. Pep
per, csqrs, Committee, &c.