Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1846-01-15

wv guns uh'houHtcu, "'u "V H".c put lcW
ready for service. Is one, even, of our
sea-ports adequately protectedl No man
can answer this in the affirmative.
This war viii be very different from
the late one. England is at peace with
the world, and can WELD against US her
immense dsposable force by sea and
land Her steam vessels Of war can rum
up our Bays and our Rivers at pleasure
and how are we to meet them? But there
is another consideration, how shall we
raise funds with which to carry on the
war! | admit that our population and
resources have doubled since the late
war-but looii at the situation ofmany of
the States. Pennsylvania has debt un-
der which she is now staggering; the
same may be said ofMaryland, Ohio, and
to some extent New York Indiana, Hi
nos, Arkansas, Louisiana, Mississippi,
Alabama, and Michigan, give themselves
they have practically repudiated.
We must raise by direct and indirect
taxes, forty millions Of dollars per annum
and venture to assert that this sum
cannot be raised by that mode oftaxation /;
tn attempt to do SO would lead to rev.
olution. Our revenue from imports would
be cut off. Our foreign commerce would
be, as it was during the late war, swept
from the ocean. Answer me, people Of
Pennsylvania, New York, Ohio, and other
States, are you ready to increase your
taxes threefold! Can you pay such
tax? You will all respond, we cannot
Where is the Administration to borrow
money! The money lenders in Europe
will not trust us. They have suffered so
much by misplaced confidence in the
States, that they will not be likely to trust
us again. They say with truth, that the
same people who compose the States, con-
stiiute the federal government. How then
can they be expected to loan us their mon.
.ey! At the close Of llr. Van Buren's
administration, when the political party
had the ascendancy that now has it, the
Government was bankrupt and could not
borrow 4 dollar, at home or in Europe
Can the Administration nattcr itself that
the credit ofthc Government will haye n
higher standing in state ofwar If such
be their calculation, they will find them
selves mistaken.
During the late war the people Of this
country had the highest sense of National
honor, and of National engagements
That feeling has passed away with the
success Of progressire dcmocrory; say
progressive democracy,-for no State has
repudiatcd practically, or expressly, that
was not under this rule. And observe
that many men now in Congress vino are
from the rcpudiatlng States; and who
contributed most to the dishonor Of those
States without a blush, talk Of national
honor Such individuals will not be
trusted by prudent men, nor will credit
hc given to Government under the di-
rectiQn Of such men. No man ofproper-
ty would make any one of them his agent
or Executor. Before the end OF the frs,
year of,he war, our local Banks will have
paid out their specie, and it will have
been sent out Of the country. Treasury
notes will be utterly discrcditcd and !
ask again, how are the expenses Of the
war to be met! Who can sec an end to it
If we fight uptil we gain our proicsscd Oh
iect the war vii! be interminablc. five stop
short of that, we shall be dsgraccd. Tn.
der the most favorable circumstances We
can hope for, in every point Of view, il:
regard to Oregon and OR citizens there
we shall be in an infinitely worse condi
ton when the war shall cease, than when
it was commenced. But thi., is not ALL
Should the war continue three years, We
shall incur debt of .foar hust,ed mil.
lions Of dOllarS ; the losses of our citizen,
in property will not be less than cigh,
hHnd'red millions of doiIarS; and at least
FIFTY THOUSAND LIVES will be SacyifcCd
These are awful considerations, without
taking into view corruptions, which vii
be more deeply infused into our country
then they nov arc.
Truly it may be said, tina! except th'
loss of national honor and independence
war is the heaviest calamity which Cal
fall upon nation. And we are to brin.
this terrible calamity upon us about
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