Hawk-eye. [volume] (Burlington, Iowa) 1843-1845, 1843-12-28
NO. 81.

bank was esteemed obnoyieus ~ The m.
sentiment, as well on the score Of expedirn-
cy as Of constitutionality, Appeared to mo
to be striking and obvious The relief
which bank would afford hv an issue of
SIS ,000,00O of its notes, Judging from III,
experience OF the late L. 5. Bank, would
not have occurred in less than fifteen wears.
whereas. under the proposed arraue sment,
the relief arising from. the issue Of SIS
OOU, Oo0 oil Treasury notes would have been
consunmated IN one gear, thus furnishing
in one ifteselth 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 to the
government would have been equal to up
the interest which it has had to pay
Treasury notes of previous ne well as sub,
seqIent issues, thereby relieving the gov,
eminent, and at :he SAME time airording
relief to the people. Under oil the resp9lv
siblities attached TO the station which
occupy, and in redemption OF pledge givep
TO the last Congress at the close Of its Fl
session, submitted the suggestion to !,
consideration, at two consecutive sessions.
The recommendation, however, mot wit
no favor at its hands. While am free
admit, that the necessities Of the times h
since become greatly amellorated, and I
there is good reason to hope that tho cou
try is safely and rapidly emerging 'front.'
d!thculties and embarraSsments which cv
where surrounded it in 1871 yet | CO
out THINK that its restoration TO ST.
and healthy condition would he greatly
pediated by resort 10 the expeiient in,
modified form
The operations Of the Treasury now ra-
m he ~ 4
1916, and those laws have been so admin
tered as to produce as great qu<ntum
good to the country as their provisions are
capable Of yielding. Ii there had been am
distinct expressions Of opinion going to she
that the public sentiment is adverse to tn
plan either as heretofore recommended to
Congress, or III a modified form, while my
own opinion IN regard to 1t would remain
unchanged. ] should be very far from a.
gain presenting it 10 your consideration
The Government has originated with the
states and the people for their own benefit
and advantage, and il would be subyersiye
of the fundamental principles OF the o.,
litical edifi-e which they have reared. to
persevere in u measure which in their ma.
ture Judgments, they had either repudiatcd
or condemned. The will of our constitu.
ents, clearly expressed, should be regarded
as the light to guide our footsteps; the true
difference between u monarchcal Or .-:s.
tocratica government and republic being.
that in the first the will Of the few prevails
over the Will o! the many, while in the last
the viii Of the many should be consulted
!, Inc report OF the Secretary of War will
BRING you acquainted with the condition
o. that important branch of the public ser
vice. Tho krIay may be regarded in cor.
SEQUENCE pf III, stno nut,l,ar ar a..
and file in'each company and regiment. as
little more than nu:lcous around which
t" rally the military force Of the country
III case CT war, aud vet its services i'm pre-.
serving tho peace OF the frontiers are OF a
most important nature. In MI cases of
the reliance OF the country is
properly placed in the Militia Of the several
states, and it may we'll deserve the consid.
ration of Congress, whether new and
more perfect organization might not be in.
reduced looking mainly to the volunteer
companies Of the Union for tho present, and
u easy application to tho great body of
he militia in time of war.
The expenditures Of the War Depart.
nent have been considerably reduced in the
asst two years; contingencies, however, NAV
rise, which would call for the filing up Of
tie regiments with u full compliment of
1cn, and make it very desirable to remount
he Corps of Dragons, which by an act Of
ne last Congress was directed 10 be dissolv.
refer you to tire accompanying report of
10 Secretary for information in relation to
&c Navy Of tho United States While
fcry effort has been and will continue To
2 II. dc 10 retrcnch all supertiuitirs aud Ion
all exp'nces which from time to time
ly have grown up, yet it has not been re-
lrded as wise or prudent to recommend
" material chingc in annual appropria-
Jns. he interests which are involved
. Of 100 important character to lead To
e aeconmendat ton Of any other than
,eral policy. Adequate appropriations
ght TO be made to enable the Executive
tit out all the ships that are now i'm
arse of building, or that require repairs,
active service III the shortest possible
ne, should any emergency arise which
~ require H. An efficient Navy, while
is the c.eapes. means Of public defence,
lists in its support the feelings Of pride
d confidence which brilliant deeds and
role valor have heretofore served to
engthen and confirm.
refer you Particularly 10 trtt part Of
, Secretary's report which b., reference
recent experiments in the app lcnt'on of
aH III the construction Oh II steamers,
de under tho superintendent Of distin-
ished officers of the navy. Ii addition 10
Ter NANTES; inpros cmcnts ~ Lie con-
ucton Of the steam engine AMI applica.
n of the motive power, whic:i has render
them more appropriate to the uses Of
ps of war, one of those officers has
ught into use power, which makes the
amsh:p most formidable, either for at
* or defence. cannot too strongly re-
nmend this subject to your considera-
n, and do not hesitate to express my en-
} conviction Of its great Importance.
call your particular attention also TO
t portion of the Secretary's report which
reference to the act Of the late session
Congress which prohibited the transfer
any balance Of Apr ,priation from other
ds Of appropriation 10 that for building,
ipmcnt and repair. The repeal " Tat
hibition will enable the Dep .rtn"nt to
e renewed employment to u large mum -s
of work men who have necessarily been
haired in consequence Of the want Of
(cons'ased on last PagsJ