Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1844-03-02
AUSTIN A. KINGS letter is date


cial'
AUSTIN A. KINGS letter is dated No
vembcr %, 1913.
am in favor of tariff for revenue, but
not one cent for protection. Yet if atariff
sufficient for an economical support of the
Government, can be so arranged as to af-
ford incidental protection, | would have
no objection. 1t would be the fair exer-
else Of constitutional power.
Closely allied to the tariff is the distrbu-
ton Of the proceeds of the public lands,
and the assumption of the State debts. To
both of which am uncompromisngly op-
posed. Let the principle of distribution
once be adopted, and we may bid farewell
to two long cherished measures of the
West-the graduation Of the price of pub
lie lands, and presumption rights. The
principle of graduation would doubtless be
established. but the price would be run up
instead of down. And the hardy pioneer,
who often pays dear for his home at 81 25
per acre, in consideration of the toll and
deprivation which he and family undergo
haps, have to pay So. look upon the
.
wedge to the assumption of state debts.
amounting to two hundred millions Of dol
lars. If assumed it is proposed to be con,
verted into a 8 per cent stock. The an
nual interest, therefore, upon the amour,
would be six millions. This is to be as.
sumed upon the faith Of the public lands
the annual average product of which is
not exceeding three millions, leaving an
annual deficit of one half the interest a:
well as ultimately the principle to be PAID
off by tax on the principle either direct,
or indirect by an oppressive tariff.
Another link in this chain Of federal
measures, is a National Bank. To this,
might sum up my objections in orc sen
tence. am opposed to the charter o
such an institution, because | conceive Con
gress has no such constitutional power.
have reason to believe that there are advo
Gates for a National Bank, who are disn
terested in their feeling, who honestly be
lieve the best interest of the country re
Quires such an institution. For all such
have some hope, that when they shall hav,
examined into the causes of the disaster
Gus termination of the late United State
,, Bank, the frauds pcrpetrated by it, its eff
} higher than the Government itself. The
history Of whose wrongs may be writes
in the tears Of the widow and the orphan
! whose all was at stake as part Of its CAPT
! tai, but whom it has consigned 10 beggar,
and want by its fraud and corruption
t that such acts and such melancholy termi
u nation, will serve az a beacon hight 10 war
5 them against a similar institution.
n am in favor of an independent 'r-"s,
i ry; one that can be managed auG mod ii.
to accord with popular sentiment nd i.
best interest of the people, one. tia. W
: the managers of it begin with their frau
2 and corruption. they cannot shield then
n selves behind the egs of a charter and b
defiance to that tribunal which originate
y it.
=" In reference 10 dslricting the Safe f
h The election of members to Congress, al
y satisfied, that the best interest Of the Den
d ocraiic party in this State, requires that
a. should be done. Not in obedience to Il
le Niandamus act For with that act in for,
% the act of districting ought TO be accom-
ID panied with a protest against the unwa
rantable interference. And it should
D. done with a view Of doing equal lustic
n, and giving satisfaction to all parts Of Il
10 State.
10 Al the sessions of 1885, voted for
r. convention bill which then passed. | sa
the necessity of il then, as see it now
ed The measure of representation is alrea'
ny full, and has been for number of yea
We Tho IamanA for uoDiyatinn IF neNy commit