The daily union., 1846-05-01


considerations How can the government so wei
regulate the smploymens of the people as their owl
interests can do itl Ina country, too, which is free
which Is federal in It's government, limited as tina
Government is TO certain specified powers-and In
country which covers such an immense territory, and
.bich therefore embraces such variety of soils, eli
mates, and interests, abounding with new and un'
cultivated lands, and amid people distinguished
for their sagacity, for their enterprise ana 'ioi
their inventive ingenuity-we ought indeed, 70 re-
turn to this great principle, which is now becoming
ons of the principles Of the age and is about TO constr
,us the enlightened policy of the English govern
mspt Shall we hesitate to carry out these enlight,
,osd views, when the British minister himself is de-
,srmined to introduce them into Engand-proyerbi.
,Ilv the country of restriction' These important
Developments have taken place within the last
tsslyemonths. They confirm everything that we
said in our prospectus. They encourage US to 60
on with the work. and we shall not hesitate to press
rsspectfaly, upon the present Congress the duty OF
reforming our revenue system upon the revenue
standard. The country expects this reform at the
present session.
There is another question Of growing importance
which, during the present session Of Congress, has
been presented to the mind Of the country. We re-
ssr 10 the anti-colonizaton doctrine, il Is called,
proclaimed by Mr.. Monroe in 1924, and reiterated,
with some modification in the last presidential mes
cage. We believe that upon this question: the pub
lie Judgment of this country is already formed and
formed correctly. We hold, that upon suitable
occasion the stand OF our government in unison
with IT, and in opposition TO the establishment oi
further foreign dominion in North America, may
well be plainly and firmly assumed and announced.
Desiring to take nothing by conquest or by force
we vet deem it a sacred duty-one Of the most sa.
cred duties Of the Of our day-to hold for
the friends Of free government and for their descend
ants in perpetuity the broad continental pat
rimony ofNorth America now stretched out before
U.S. To this policy shall always give our most
cordial support. Existing rights Of every European
nation should be respected; but it is due to safe
y and our interests that the efficient protection OF
our laws should be extended over our whole terrific
nal limits, and that il shall be distinctly announced
10 the world as our settled policy that no future
European colony or dominion shall, with our con-
sent, be planted or established any part of the
North American continent"
We have defined in our prospectus the great constl-
tuonal principles by which editorial course for
fory-two years, from the 9th Of May, 1904, has
been regulated. They are Of the State rights,
strict construction school Of '98 and '99. resi-
dence in Washington for the last twelve months
b. not changed our principles and views in this
respect A nearer insight into the machinery Of the
federal government has only served to impress us
NOR, deeply with the power Of its operations. We
are ony the more satisfied of the necessity of guard
ins against its extension by the assumption Of any
powers which are not warranted by the constitution
iself Among those encroachments, against which
We shall most vgantly guard, is the establishment
Of a national bank; but though it is not 'an obso-
ste idea," yet it is measure not likely to be at
tempted under the present administration.
On the question Of internal improvements, we hold
the old States rights strict construction doctrine Of
the Jstfersonian era-a doctrine which we regard as
Of no secondary importance in the democratic creed
We cannot find embraced within the constitutional
duties and powers of the general government any
scheme or system Of internal improvements. The
general government is in way fitted for the pros
.cution of such purpose. Its prosecution must
always be liable to the gravest abuses, and by such
abuses it will be almost always attended. We feel
constrained in Difference to view Of the consu-
donal powers, and the legitimate purposes and we
may add of the very nature and organization Of
the federal government, to oppose any such plan
Of legislative action.
The constitutional treasury we regard as settled
question. The country has, as we believe. resolved
to adopt it. 1t was promulgated as one of the
important measures of the Baltimore convention.
II is indeed manifest enough that a change must
soon be made in our fiscal system. 1t is the
Judgment of the country, that deposite of
Ii. public funds in banks, there to be made
the basis of loans and of an expanded paper
circulation, is mpolitic and unsafe. In this opinion
We fully concur. The money-power requires to
be watched in its operations, and restrained in its
.rcesses. The banking system is a great and
growing power in our country. While the author
ay charter banks is freely exercised by the State
governments, this power must continually increase,
unless it is controlled. The people are jealous of
| ~
strictly watched and restrained, and wholly dissev-
cred from the fiscal resources Of the federal govern
ment In relation to constitutional treasury, public
opinion has matured within the last few years fully
and fast, and it has been adopted by large majority
Ofthe House of Representatives 1t may safely be
'ad that no other fiscal policy on the part of our
government can now hope for permanent establish
men
There is one topic referred to in our prospec-
m, which we cannot pass over. We have
noted, from time to time, in the opposition
journals, limitations that wehave been labor
ing, directly or indirectly, with view to promote
the aspirations of some favored candidate for the
presidential chair at the next election. These init
nations have rather hovered than settled. They
have been wholly unable to fix themselves upon
any single object. Whenever they have appeared,
each has forth in partial or total contradiction
ofthe last. Il is the natural fate Of falsehood No
man has been able to explain or define our views as
to the succession, because zoe hare no pie,os.
We have never permitted ourselves for one