The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-01-05
THE UNION.

from inc sums estimated Dy Mr heiculh Wthout ueui-
ment to the interests Of the country Why cannot the
expenses OF the military establishment be reduced 70
some point near the amount expended in ls45' Why
cannot the expenses OF the naval establishment be also
greatly reduced Why should keep 80 large fleet
in the Mediterranean or the Gulf Of Mexico Why need
we expend much year for Notifications, internal
improvements, Sci We put these questions 10 THE
PIE. who pay out Of their pockets the money
required for these enormous expenditures.
To our minds il is clear light that there is not the
least necessity apology for deficit in the treasury On
the contrary, if the affairs Of the government were in
trusted TO the administration Of competent and prudent
men, there would be surplus in the treasury the 3oth
OF June, 1851 instead OF deficit OF 900. ooO est
mated by the asuie and profound Secretary Of the Treas
my under General Taylor At any rate, there is not the
least necessity for adding to the taxes Of the people,
for running further into debt IT, during the remaining
portion Of the present and the next fiscal years, shall be
anticipated by Congress that the treasury may be in
sraitened circumstances that body provide for It's
relief BY a temporary issue of treasury notes.
is fortunate for the country and the people that the
organization Of Congress has fallen into democratic
hands Il Is fortunate indeed, that majority Of the
Committee Of Ways and Means is composed Of sound
and reliable democrats In such hands the exravagant
and pofgate schemes of the cabinet will be eectually
checked the people saved from additional taxation and
debt and the credit Of the country preserved That
m,tee will cuail the enormous and exravagant estimates
OF the Secretary to reasonable limits They will compel
the administration TO conne the expenses OF the govern
men within the limits of its truly afluent and ample
means. They will report no new tax bills or new loan
bills They will thus the people from additional
burdens, and preserve the credit Of the country.
What would be the condition Of our national credit it,
in time Of peace, with ample than ever
we were to run in debt at the rate Of $loo000OO per
mum How long would it stand the shock OF such in
sane and suicidal policy How long would il be before
our national bonds would be quoted in the money marts
OF the world at discount And how long would il be
before we became as bankrupt as Spainl How long
before we become the scof and scorn of nations And
how long would be before people were pressed TO
the earth with load of debt and taxation, And such
would have been the effects Of the policy Of the present
federal administration. il il had not been most oppor-
timely arrested by the ascendency of the democratic party
in the House Of Representatives.
II proper also for TO remark that the assumption
that the pretended deficit occasoned by the Mexican
miserable pretext false in fact and unblushing
in assertion The whole country sees that il false
and will hold Mr. Secretary Meredith accountable for
the shameful imposition His report shows that he is
unfit for the great trust conded to his care that his
statements of the condition Of the treasury not to be
believed and that he is evidently incapable Of admin
sterng his department with economy prudence and sue
cess.