The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-04-22

causes which produced the nne-mon bin in the legis
lature OF that State
From the Dry Reporter and Glance
InK NINE MILLION LoAs.-We had made up minds
mar II would have become painful duiy to announce
me passage OF the Illegal and unconstitutional bill author
zng the issue of certificates for the debt OF nine mai
Mons oil dollars. But consequence oil the action OF
portion oil the senators the attempt 10 force IL TO final
passage and their withdrawal from Their seats, const!u
iona majority could not be obtained il isvery probable,
therefore, that the bill will be STAYED of for The present
son but already threatened that new election can be
ordered to fill the vaeancies and session called 10
complete the sacrifice OF our good faith We therefore fear
The snake Is scoiched-uo, ked-and We shall continue 10
urge steady and unrelenting opposition 10 the measure
We live IN an age OF turmoil and aSitaon That which
V most irrational be In fashion, and that
| S-ssch has been valued has lost It's charms
While physical science aud the exact sciences are daily
Tagging the comfort, happiness and power of
always in conformity with reason, and with established
every direction, uncontrolled by any law Whatever, and
endangerng the peace and tranquility oindividua soce-
| ties and nations
In this country have until had profound vene,
ration for written constitutions Indeed, they were the
nenee But OF late. when demasopae, in hph places
have found their checked by the limits OF cons,itu
they claim 10 be the eapounders This terrible example Of
dsoyaly to the co@e which has hitherto kept
and the obvious and necessary restrictions the
constitution have been Violated Tor the basesi purposes by
those very selected by the people guard their
| honor and protec, their Interests.
Yes we repeat III for The sake OF the patronage and IN
Of dollars, and particularly from The influence which the
disposition Of contracts permits their Dispensers 70 count
paded her integrity barered and her credit impaired
The damned spot canno, be rubbed OUT even il the bill
claim the transaction. repeal the act yet win forever
be recorded that there legislature OF New York who
way political objects and political interests. That
sirument WHICH all parties have hitherto respected, has
opposed barrier the fraudulent designs delnagogaes
This violation is like tho lapse OF cliasly--no tears no
vows, no reformation can ever repairM
| shadow 5
gal and unconstitutional The loan would be the
Of state iebt, 10 be paid State revenues which
be in the guardianship of the State, and or
the due and application OF which 10 The payment
it would be ascerained and equtaby the loan woud be
debt stronger character Tor the holders OF the
debt but debt OF You assured the canal reSe
nues would be large enough TO pay loan and f they
peal your honor, that your security proves Insult
cient, make good us what have lost by reliance
on your rel IRE senlalion.
Bul the appropriation Of the canal revenues than
two piospecvey, was absolutely forbidden in The
following article OF the constitutions;
"No moneys shall ever be paid out of the treasury Of thin
Sate of lis unds OF the funds under its
asemeni except in pursuance OF appropriation by law
nor unless such pay ment be made wl,hn years
alter the passage OF such appropriation act
In this they be appropriated for many year
Upon the present revenue from the canal there
are existing charges OF very heavy character The inter
est very large debt is be paid from IT, and tn,
prime pal The loan OF nine millions could b,
'spaid with interest for long term OF years Perhaps
intended that II should be paid, the principle
that national debt is national biessng-a princip e
however. which The people OF this country haveagan
again refused sanction.
We have in former number OF this PAGER alluded t.
The consequences Of the passage OF this bin oK,he credit
the State ana the United States abroad and the probability
hu large amounts OF our stocks would be imm daiey
turned upon for sale any price What careful CAPT
tails, would Tor a hold the stock OF this Stale
which he purchased in full belief that could be de
precia,ed in value by other immedye issues when b.
hnds Out that method has been dscovered by wnicl
stocks scrips may be issaud Of hundrss
millions in the lace ola consultation which absolutely pro
hibs such loans by The legislature. Surely II wou,
be necessary send loan bill the people for
vote II the present schene had succeeded
There circumstances Connected with this transaction
which mark the decadence Of our pablo but
fully Two persons, for whom we have sought to
good opinion. have declared t loan to be no loan The
are john c. Spencer aud Daniel Webster.
Mr. Spencer is o tie able OF The
day. He possesses great ability, and has had correspond
ing influence But no man, no lawyer, politician,
be by possibility more unsafe guide. We know hin
well His life is tissue of Inconsistencies and dangerou
oxpedlen,s Ia the days of ant Masonry, when he wa
special counsel for the State discover the murderers
Morgan coolly asked for $1,000 Obtain erdence tha
was deemed important, and was refused on the groun
that was likely TO appear subornaIon oil witnesses
The papers OF the day uttered their horror at the zeal
the weapons OF such prosecutor.
Mr. Spencer was the author OF violent appeal to th
whg. of ls State against the ''reachefy OF the nev
President, the beuyet OF the party which elevated him
office. Not long alter through the management of few
persons. who then had the Of Mr. Tyler but who ar
lost in deserved obscuny, Me- Spencer was caie
j into the cabinet.
lie Immediately advised with his political friends Al
bany the proprety OF his acceptance meeting
arranged be held Governor Stewards house, wher
the subject he discussed by officers of
A meeting took place. the play on, bur, unluckiy
'Hamet' was not there. The principal Parsonage
absent and II asceraiued that he had resolved
cept the office "wbether no. and afterwards apoogze
for his absence by saying he engaged In packing ht
trunk live mistaken in this, let our friend John
Collier set us night.
On occasion, when Governor Seward wished TO carr
measure he found Mr. Spencer, then Secretary Of State
opposed 10 him warmly MIR. Seward knew his man.
requested Mr. Spencer to oblge him at least so far
wTte opinion favorable TO bis (Mr Seward's) views
and 10 make IL as strong possible Mr. Spencer, WHOM
we must admit is obging undertook TO do an'
in few days brought back the required opinion, addn
that he had examined the subject very fully, he hac
been PEELED to change his former opinion, and coin
eide with that OF Governor Seward The character Of th
two men was here very suikihgy illustrated.
Again During the excitement of the Episcopal Church
in relation Bishop Ondefdonk who suspended ate
trial for unchase conduct, Mr. Spencer appeared fou
time time IN the annual conventions where with the
appearance Of entire imparnly, he has prevented al
action uns voabe the suspended bishop. Itnow
out that he all this time the med counsel OF DR.
Onderdonk and he has excused himself by asserting th
church. We ask readers what the opinion Of suct
a lawyer counsellor is worth Had Nj Spencer beer
retained 10 give opinion against the Bishop he would
have done so with bis usual ability.
The opinion OF Daniel Webster favor OF the BILL givef
at New York. but dated Marshteld, (not uie signican
his) is nnoihJr proof OF the weakness of great
IL h - possible for regard greater than al
other American statesmen--sud such Clay, Blu
Webster such. His mntchess eioquence. his eegan
style OF writing. his classical knowledge his acquaintance,
with history, his love for the constitutions his wachunes
prevent the smallest nItaction oil its provisions, his
voon the Union, and bis cearness OF intellect al
public matters have Justly made him the admiration OF hs
American people.
IL not the keeping OF clique OF second and generally
not very honest politicians His friendship his necess
ties ha kept him IN circle FAR beneath him in
way and for many years his prospects have been destroyed