Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1848-07-13

-.-- - =. - vel Il|u'|fE ~ volunteers
Ne4 e4.AIe4 % tcrtc during TIE U1r with Neal.
g. WI - q econ - tleI can b mans
2, ".z >le1 y rontenier. points j tie V.
c...,I 81 DER homes. a part % he fcRu|ar army
N''l - employed u New Nczico and Upper Cali.
IeE.'.. 9 9I[t prp<eclipn . L'e in'..t'lan,s ani
~. or Interests = ieese teuI,1ries.
~ -lrI - : existed beiorr ne eoumcnce-
q ne H4r win -txIcp-c&pc cllIIy q an.
tlPr.y p gwen q ~ up ihs rapk and lIc of lhe
.t,eitI cofp p Ne maximum humber authorised
eaunK re N-f-t = believed viii be sufficient
19<cr e y retained u kepIce during period Of
rssse q IeW a1e't,9prl officers 70 ne line and
e..4 2, ne amy hare been a1tnor.zel; and these,
I. 1l,sszHd, VIII oe necessary q NE peace e.
..n,4lNe.l npe should % retained 70 the service.
~ number q ne general emcers NAY he re-
1nceu e vacancies occur y We casualties OIL Tie
1910. .... g rpat . Va before tne war.
Wpne ne people q other countries, who live
under iosms q uovcrnment less Tree than our own,
lave been lol ages oppressed by taxation 70 sup-
p9u re s.hnoing armies ~ Penoes o. peace our
efpeuence has shown thai such establishments
are unnecessary = republic Our standing
army = e q lcnn1 n me broom Of society. ltis
composed q FREQ citizens, who ere ever ready 70
take up arms ~ me service q their country, when
an emergency requires Il Our experience in the
war Juet closed, July confirms The opinion. that
such 40 army may be raised upon few weeks
notice, and that our citizen sol1iers are equal 70
any troops 10 the world No reason, therefore, u
perceived, why We should enlarge our land forces,
and thereby subleci the treasury 70 an annual in
creased charge
connd policy requires that we should avoid the
creation q large standing army in period Of
peace. No public exlgency requires il. Saeh
armies are not only expensive and unnecessary,
but may become dangerous 10 liberty.
BESIDES making the necessary legislative pro-
visions Tort execution Of the treaty, and thees-
Establishment Of governments in The ceded
conntry, We have upon the restoration Of peace,
other important duties toperiorm. Amongthese,
regard none as more important than the adop-
ton Of proper measures for the speedy extinguish-
ment Of the national debt II is against sound
policy and the genius Of our institutions, that a
public debt should be permitted 70 exist day long
or than the means Of the treasury will enable the
governmental pay y on
We should adhere 10 the wise policy laid down
by president washington, OF avoiding the accu-
mala.ion debt, not only BY stunning occasions Of
expense, put BY vigorous exertlons IN time Of
peace to discharge the debts which unavoidable
wars have occasIoned, not ungenefonsiy throw
ing upon Posterity the burden we ourselves ought
70 bear.
AZ the commencement Of the present admins
tfahon, me public debt amounted to ,1SS, 1872
y. In consequence OF the war win Mexico, Y
mas oeen necessarily increased, ana now amounts
70 Soo,I1os4oV Al, including the Stock and trea-
snry notes which may yet be issued under the act
q January 2s.is4I, and the sixteen million loan
fecenuy negotiated under the acl oiDlarch 81, AZ
In addition to the amount OF the debt, the trea-
" supnlaies mat Twelve millions oil dollars shall
20 paid 70 Mexico IN iour equal annual install
ments Of three millions each; The first Of which
VIII iaii due on the sotll Of May, 1919. The
ueaty also siipnlaies that the United States shall
assume ana pay 70 our own ciiizens " the claims
ALREADY lqnlaalea ana decided against the Mexi-
can republic, ana " all claims not heretofore de-
cided against the Mexican Government, to an
amount not exceeding three and one quarter mil
lions o. dollars. The iiqnidated. claims OF citi-
zens ofthe united STATES against Mexico, as de-
saaed ~ tne JOINT ooafa o. commissioners under
lhe convention between the United States and
Mexico, OF The ith OF April, 1889, amounted TO
SasOs6,is9 g.. This sum was O., payable 70 twenty
eqaai annual instaiments. lhree q inem have
been paid to the claimants BY the Mexican Go.
veInment, and Two oy the United States; leaving
70 90 pado the principal OF the iqnidated amount
assumed oy the United States the sum of 81 DID,
oO4 90 together WIN me interest thereon. These
several amounts Of .i91idaled ana nnliqn'dated
claims assumed oy the United states, 4 y believ-
"a, may % paid as they iail due out Of the accru.
ing revenue without the issue OF stock or the cree
cannot TOO strongly recommend 70 congress
the Importance oil hnsoandng all eur national re-
sources, OF hm'ung the pubic expenditures TO ne
eessary oolec's, ana Of applying Al me surplus
n any time lnlnc treasury 70 me redemption ~
z the.eeos; I tecommenu .nas au,no1l'y pe ves.e1
n9he r.Necu.yo ~ Jaw 70 anucipasc 'ne pstiou
p REIMBURSEMENT y sucn portion q me aeD. q
may not DC now redeemeoie: ana 20 purchase Y,
q par, OF AZ the premium wnlcn may command
nithc maIket in al cases ~ which tnat au'horiy
has not already been granted. q premium has
been obtained oy the government on mnch lne
larger pofton OF the loans, and u, wnen tne up.
yernment becomes purchaser o. us own s,ock,,,
snaii eommana = premium ~ me MARKET VII
20 sound policy 20 pay y, rather ihan 70 pay we
semi.annual interest upon H. Inc interest upon y,
the debt, y me outstanding treasury notes s9al
peianuea, rom tne eng % tae 'as, nseai year unI
y shail jail que ana oe Eeueemeoe, wiz DC veIy
nearly equal % lne principal "nicn must i'sel pe
ultimately pald.
MWnou. changing Q, mouHying tne Psesen ~
tsfih oil dn1es, so great mas oeen tne increase q
our commerce under Us benign operation, .na' ,.e
revenue derived IRON .ha1 source anc rom ne
sales OF tne PUBIC Janus VIII y y eonhaensiy ye-
iesed, enable me government % discnarge annual.