Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1843-12-15

Nor can ] withhold the remark that its ad-
vantages, contrasted with Bank of the u.
States, apart from the fact that bank was es
teemed as obnoxious to the public sentiment,
as we'll on the score of expedency as of con-
stitutionality, appeared to me to be striking
and obvious The relief which bank would
afford by an issue of Sl5,00O,O0O of its notes,
Judging from the experience of the late U. S.
Bank, would not have occurred in less than
10 years; whereas, under the proposed arrange
ment,the relief arising from the issue of Sl5,-
100000 OF Treasury notes would have been
contaminated in one year: thus furnishing in
one.fiteenth part of the time in which bank
could have accomplished it; a paper medium
of exchange, equal in amount TO the real
wants OF the country, at par value with gold
and silver.
The saving 10 the government would
have been equal TO all the interest which il
has had to pay on Treasury notes of previous
as well as subsequent issues, thereby relieving
the Government, and at the same time af1ording
relief to The people. Under all the response
bilities attached to the station which occupy;
and in redemption of pledge given 10 the last
Congress at the close Of its first session, l
submitted the suggestion to its consideration
" WV SOuSCSutiNC oooSIpHS. uc IcCOUIIleU-
dation however, met with no favor at its
hands. While am free to admit that the ne
cessties of the times have since become great
ly ameliorated, and that there is good rea-
son to hope that the country is safely and rap
IDLY emerging from the difficulties and embar-
assments whichevery where surrounded it in
1871, yet cannot but think that its Iestora-
ton to sound and healthy condition would
be greatly expedited by resort TO the expe-
dent in modified form.
The, operations of the Treasury now rest
on the act OF 1889, and the resolution Of
1916, and those laws have been so admins"
tered as to produce as great a quan,um of
good to the country as their provisions are
capable Of yielding If there had been any
dlslinc, expression of opinion going to show
that public sentiment is averse to the plan Ell.
Their as heretofore recommended TO Congress,
or in modified form, while my own opinion
in regard 10 it would remain unchanged
should be very far from again presenting 1t
TO your consideration. The Government has
originated with the States and the people, for
their own benefit and advantage; and it would
be subversive of the foundat ion principles of
the political edifice which they have reared,
TO persevere in a measure which in their ma
ture judgments they had either repudiated or
condemned. The will OF our constituents.
clearly expressed, should be regarded as the
light to guide our footsteps the true differ
ence between a monarchical or aristocraical
government and a republic being. that in the
first the will of the few prevails over the
will of the many, while in the last the will of
the many should be alone consulted.
The report of the Secretary of War will bring
you acquainted with the condition of that impor-
tant branch of the public service. The Army
may be regarded in consequence of the small
number of the rank and file in each Company
and Regiment, as little more than nucleus
around which TO rally the military force of the
country in case of war, and yet its services in
preserving the peace of the frontiers are of a
most important nature. In all cases of cmer-
gency, the reliance of the country is properly
placed in the militia Of the several States, and
It may well deserve the consideration of Con-
gress, whether new and more perfect organiza-
ton might not be introduced, looking mainly to
the volunteer companies of the Union for the
present, and Of easy application to the grea, body
of the militia in time Of war.
The expenditures of the War Department
have been considerably reduced in the last two
years; contingencies, however, may arise which
would call for the filling up the regiments with
a full complement of men, and make it very de-
siral 10 to remount the Corps of Dragons, which
by an act Of the last Congress was directed to be
refer you to the accompanying report of the
Secretary for information in relation to the Ma
w Of the United States. While every effort
has been and will continue to be made to re-
trench all superiluities and lop off all excresen-
ces which from time to time may have grown
mp, yet II has not been regarded as wise or pru-
dent TO recommend any material change in an
nua appropriations. The interests which are
involved are of too important IA character TO lead
10 the recommendation Of any other than lib
nral policy.-Adequat appropriations ought to
be made to enable the Executive to fit out all
The ships that are now in course of building,
or that require repairs, for active service in the
shortest possible time, should any emergency
arise which may require it. An efficient Navy,
while il is the cheapest means of public defence,
enlists in its support the feelings of pride and
confidence which brilliant deeds and heroic val.
Or have heretofore served to strengthen and con-
firm.
refer you particularly 10 that part of the
Secretary's Report which has reference to re-
cent experiments in the application Of steam
md in the construction of war steamers, made
'nder the superintendence of distinguished Off
,ers of the navy. In addition to other manifest
Improvements in the construction of the steam
'nglne and application of the motive power
which has rendered them more appropriate to
he uses of ships of war. one of those officers has
brought into use power which makes the steam
hip most formidable either for attack or defence.
cannot too strongly recommend this subject to
our consideration, and do not hesitate to ex.
ress my entire conviction of its great impor.
ance.
call your particular attention also TO tina,
orIion ofihe Secretary's report, which has re-
srcnce to the aci of the late session of Congress
'hich prohibited the transfer of any balance of
preparation from other heads of appropriation
, that for building, equipment and renair. Tic