The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1848-12-20

made hy lhe AnKsInmrni skanid r. AsEgr.
bcrsusr. h-img he dsg-ss3snTg II lae paaa-
lir man-v. r. larger the aEaaang lae great
ier wOali ~ H. hank PF,'iiis By IS nsr.
n va li,e is.rEesg a iile favnrri classes.
Who wers enrlehel Nv me protective
tsFfa. - haze ire raies 81 that pEaieriinn
- high - possible; inE The higher those
Fases sine Greasea Monll he their advantage.
IL VAS the interested the people of IN tho=r
seeii0ns and i.sealilies who experlsad 10 he
benefited By expenditures Tor internal im-
praFemenis that the an nnl es.llseisd
sh0lld he - laIse as possible. n tie end
that the SUN dishnnsed might alsn he lie
larger. The STATES. bring ihe hean ssria-
ries in the distribution ~ the lanl mnney.
had an interest in hating ihe rales II iax
imposed by The prnteriive tariff large
enough 70 yield 4 sufficient revenue lrnm
that s0urre IL me the wants nT The E0-
yenmeni. wiihoni disturbing nr taking
frnm them the land fund. 81 ihal earh oi
the branches constituting the system had
= common interest in swelling The public
expenditures. They had direct Interest
IN maintaining the public debt unpaid and
Increasing lis amount. because this wnul.i
produce an annual increased drain upon
tie Treasury 10 tie amount "lihe interest.
and render augmented taxes necessary.
The 0perai'an and necessary effect ol the
whnle syslrsa were IN encourage large
and exiravasani expenditures. and thervhy
Ia increlseihe public patronage. aud main.
tain a rich and Splendid Government At
the expense of taxed and Impoverished
people.
Il is manifest that Ills scheme Of en-.
largel iax:'ian and expenditures, had il
continual Ia prevail. must s0nn have can-
verled the Government Of the Union. ~.
tended by its trainers In he a plain. eh 'ap,
and simple Confederation &c Sia'es. uni.
ted together far common pTnierilon, and
charged with a few specific duties. relal.
ing chiefly 10 our inreign affairs, into n
cpnsoiidaied empire. drpnVing the States
of their reserved rights. AMI the people Of
their just power anil control IN the adini-
HIstraiiOn al their Government. I'm this
manner the whole fnrm and character al
the Government would he changed. not
BY an amendment af The constitution,
hut hy resOrling To an understandable aud
unauthorized construction Of that insIru-
neni.
E. The indirect mode of levying The taxes
By duty on imports prevents the mass
Of the people from readily perceiving the
amount they pay. and has enabled the few,
who are thus enriched. and who seek TO
WELD the political power Of the country
To deceive and delnde them. Were the
taxes collected by direrl levy up"n the
people, as - the case in the States, this
could not ocrur.
The whole system was resisted from
It's inception BY many Of our ablrst states
men, some af whom doubted lis ronsliIu.
tiOnality and its expectancy, while Others
believed il was. in all its branches, IA
grant and dangerous infraclion Of the cum
stiiniiun.
That NATIONAL bank, protective tariff.
levied not to raise the revenue needed, but
for protection merely. internal improve
ments, aud the distribution of The proceeds
of the sale of the public lands, are inca
sures without the warrant Of the cnnsiiin-
tim, would, upon the maiurest consedera-
ton, seem 10 he clear. IL is remarkable
that no one OF these measures. involving
such mnmentous consequences. is autho-
rized by any express grant of power IN
the constitution. M on" Of them is - IN
ritlent 10. as being necessary and proper
f,r the execution of the specific poSers''
granted by the constitution. The authnri-
THUNDER which il has heen attempted Ia
Iu,tify each Of them is derived from infe-
rences and constructions Of the c0nstItu
tion which It's letter aud its VIII lie ohjecl
and design io not warrant. Is il 10 be
conceived thai such immense pnwers
would have been left nv the trainers oi
the constitution 10 mere differences and
doubtful constructions! Had il been IN.
tended TO confer them on The federal gov
eminent. ii il hui reasonable TO conclude
that il would have heen done bv plain
and uneqnivoral grants. This was not
done; hut the WHOLE structure of which
the =. American system" consisted. wss
reared on no other or better foundation than
forced implications and differences nf pow.
er which lis authors assumed might be
deduced by construction from The constr
tuition.
Bat it has been urgel that tn national
bank, which constituted SD essential (;
branch of this combined system Of mea
sures, was MT new measure, and tina
IL. consliinlinnalily had been. presiolsI,
sa1ctionel. because bank had been char
tered in 1891. and had received the off
cial signature Of President Washington
A few facts will show the just weight Il
which this precedent shh,ld he entitled a,
bearing upou The question: Of constitutions
aliy.
Great division Of opinion upon Tho
snbjeci existed in Congress. II is vel
known that President Washington enter
tanned serious doubts both as To the ron