Arkansas intelligencer., 1845-01-04
and in the language of tho day money 1(Xl.,

and in the language of tho day money i(Xl.s
plenty. - ~
Contracts entered into BIZ indiy idunls. rc,,.r
ing ON this unsubslantia state Of things. but tho
deiusion speedily passes away, and the country 10
overrun by an Indebtedness weiyhty as to over,
whelm many, and to visit every depart meut Of
industry wlIh sreas and runous embarrassment.
The greatest vigilance becomes necessa nv on ths
part OF G1yornmen. TO sua I'd gains, this state OF
~ must be given distinctly
70 .,, tho favors Of the Cove rnmeEt
~ riasSethcr Withdrawn, substantially
ned, II It's revenues shall be rcgarded as ad-
ui''ois to .heir banking capitul, or as The founda-
an enlargti Circulation. The Government,
though Us reynnue, has CT all times nil important
part 20 perform a conscctios with the currency;
ana It greatly depends upon IT'S vigilance and car },
yhethershs eosairy te issc's 'c1 5fsssats 4 - "a,
similar 10 sliose Which nhas had rncent.yto on.
counter; or eded by the acton Of The 1'ress ,ry.
shall be preserved id scand AMI isoa.thy4a adj.
The dansers 70 be guarded against are great.
Y augmented by too large surplus of revenuc.
when that surf'us greatly succeeds in amouns
"hal shai' be required by wise Ind prudent fore.
cast to meet unforeseen contingencies the Leeis.
laure itself may come TO be seized with dssposi
'ion TO indulge in extravagant appropriations to
Objects, MANY of which may-and most probably
fancied expedency is elevated above constitr.
tIonal authority; ania reckless and wastsless
lextravagance but too ssrlainly fo lows
The important power of taxation, which, wher
exercised in its most restricted form, is a burden
on labor and producton,is resortcd to under va os
pretexts, fer purposes having the affinity toytks
motives which dictated its grant,nrd the extravknco
| OF Government! stimulates individual extravagancs
until the spirit Off wild anJ -regIatcd specaa-
lion.invoses one and all in its unfortunate results.
In view Of such fatal consequences; may be laid
down as an axiom. founded in moral and political
truth, that no greater Ia should be imposed than
are necessary for economical administration Of
the Government and that wha,over exists beyond.
should be reduced modified. 80 "a
This doctrine does in no way conflict with tns
exercise of sound discrimination in the selection
of the articles TO be taxed, whicha due regard to
the public veal would always anpgest to the Lss
/ tsnIIve mind. II leaves the range -ercction
undefued and such selection should always .ba
made with an eye 10 the great interests of the
country. Composed as is the Union, Of separate
and independent States, patriotic Legislature will
not fail in consulting the interests of the parts to
adopt such course will be bas! calculated 10 ad;
vance the harmony of the whole /; and thus ensucs
that peuaasencyin ihc pocyo the goyernmen:,
/, without which al ci;Drts 10 advance the pabIic
Eprosperi,y are vain and fsptlcss. Tiis great aud
= r. =, 81 S sTsF7ss' s
the Executive cap do no moro tha = . IN
great principles which should GOV, "a ii i,s oys.'..
\ ton. i.-..slal II ~
Commerce and manufac,urs/, which had s,fr.,:
cd IN common with every oli,6r inters,, have one.
more revived; and tho who'll country exhibits nm
aspect Of prosperity and jhst,piness. Trad, and
barter, no longer governed BY wild and soor,l,.
tive mana rest upon solid 2pd substantial footing:
and the rapid growth OF our Silies in every direc.
tion besPeaks most strongly the favorable circum.
stances by which we zre SURROUNDED. Nv happi.
ness IN the retreinent which shortly awaits me.
is the ardent hope which exporiepce, that this
state OF prosperity neither deceptive nor destined
to be short lived and that measures which have
not yet received its saEcton, bu. which cannot
but regard as closely connected with the honor.
the glory, and still moro enlarged prosperity Of the
country are destined at On early dav TO receive
the approval Of Congress. Under these circum.
stances. and with these anticipatons, shall most
gladly leave to others. mora .NLo shat myself tho
nnhia - r'oasing task Of sustaining the o,,bI;.
prcsperitv.s e Puoic
shaii carry with mo into retirement the ,r,,;
E'nS rehection that, my solo object ,brousho,,,
"a. oeen 10 advance the public good, NAV No,
en''re'y nave failed in accomplishing il: and ~:
Sra'tlicaiion IS heightened in no small d.gre. ~.
a' 'ac'' tnat when under deep and abidiny .e,..
o' have found my self const rained to re.o.,
20 'ne qualified Veto, il has neither beon folIo..i
ny d'sapPoroval on the part of the Peonls -
weakened IN any degree their attachment % H..
great conservative feature of our C:oyern,nar. e'
n..,. JOHN TYLER.
w. So, ----------- 80 "a.