Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1843-12-22
No. lO.-WHOLE NO. AIS

v v
stone rests the powsr 0 ''lay and collect
taxes. duties, rmposls and eXcises ~
This duty has upon several occasions
been performed. The pre-
sent CONDITION Of things glVesa Hauer'"g
promise that trade and commerce arc
rapidly reviving, aud. and fortunately
for the country, The sources ot revenue
have only 10 be opened, 10 order to prove
abundant.
Wnlle we can anticipate no consider
able increase in lhe proceeds OF the s7ieS.
Of the public lands, for reasons perfect.
" obvious TO all. for several years to
come, vel the publ, lands cannot other
wise than be regarded ~ the ioundatIOO
Of the public credit. With so large
body Of the most fertile lands in the
world under the control aud at the dis
posal Of the Government, no one can
reasonably doubt the entire ability OF
the government to meet its engagementa
under every emergency 10 seasons Of
trial aud difficulty. similar TO those
through which we are passing, 'be capt
alist makes bis Investment IN the UoV.
ernmen. stocks with the most assured
confidence Of ultimate reimbursement;
and whatever may be said OF period oil
great financial prosperity. such as ex-
lsled for some years after 1888, shou'd
regard it as suicidal in a season ol imam
claI embarrassment either TO aleniaIe
the Iands themselves or the proceeds
arising from their sales. The first and
para mount duty Of those 10 whom may
I've entrusted The administration OF public
affairs to guard The public credit. In
re. establishing the credit OF this central
Government the readiest and most OBJ
vious mode is taken TO restore the credit
oil the Safes. The extremiIes can only
be made sound by producing hea''hy
action in the General Government, and
the history of the present day iul ) es'
ua1,shes the fact that an increase IN ina
value ol lhe stocks OF ibis Government
will, IN majority Of instances, We at.
tended by an Increase in the value OK
the stocks Of the States. II should.
therefore, be a matter Of general congra-
tulation that amidst all lhe embarrAss-
menls arising from surrounding clrcum-
stances The credit OF the Government
should have been so fully restored that
II has been enabled 10 effect a loan OF
seven millions Of dollars, to redeem hat
amount Of Treasury notes, on terms
more favorable than any that have been
offered for many years. And the six
per cent. stock which was created IN
J l842. has advanced in the hands OF 'he
holders nearly t~enty per cent. above
. its par value. The confidence oi the
} peopIe in the integrity Of their Govern.
menl has thus been signally manifested
, These opinions relative TO the public
lands do MT IN nny manner conflict with
, the observance OF the most liberal poll
cv towards those Of our fellow citizens
p who press forward iGto the wilderness
= and are the pioneers in the work oil Its
: reclamation. In securing to all such
q their rights OF pre- emption the Govern
Il ment performs but an act OF relrIbutIVe
r Justice for suforings encountered and
2 hardshlps endured, and finds ample re.
+ muneralion in The comforts which Its
pclicy ensures and the happiness which
it impar's.
n Should a revision Of the tariff, with a
! view TO revenue, become necessary in
The estimation of Congress, doubt mol
n YOU will approach The subject with a just
d ard enlightened regard 10 the interests
y or,he whole Union. The principles and
views which have heretofore had occa
! sion 10 submit remain unchanged. II
j can. however, neve- be too often repeat
= ed tina. The prominent interest OF every
y pursuit Of life requires for success per
q" msnency ant stability in Ieglsatlon.-
D. These can only be attained nv adopting
Z as the basis Of action, moderation 10 al
&c things which is as indispensablv neces
} ssrv 10 secure the harmonious action oI
- the political as of the animal system
: In our political organization no one sec
: ,ion of the country should desire TO have
-" ils supposed interests advanced at the
sacrifice Of all others; hut Union being
the great interest, equally precious Il
all. should be losIered and sustained hV
= mutual concessions and the cultivation
of that spirit Of compromise from which
:. the Constitution itself proceeded
,e You will be informed by the report
ia from the Treasury Department Of tb'
le measures taken under the act Of the las
rs session, authorizing the issue Of Trea
a sury notes in lieu Of those then oulsIand
ls ing The system adopted 10 pursuance
s, of existing laws seems we'll calculated Il
Of save the country large amount Of in
pi teresl, while il affords conveHiences and
i. obviare dangers and expense in the
ID transmission of funds to disbursing a.