The Ohio union. [volume] (Ashland, Ohio) 1849-1854, 1853-12-14

the distant realms OfbA sin !. III am depnlv
sensible of the immense lresnonsibil;,ies
which ibs,f p,esen, magu;,nde of ,hs
Republic and ,het diyerSiiies and mul.
iipiicities of its interests Jeyolves upon
me. 4 Tbe aIeyiht;on ng whicb an f,r
as relates TO the immediate conduc, n
the public business. is frs, in nv reliance
on tte wisdom and palrio,ism of The Two
Houses Of, Congress- ana secondlv in The
directions afforded oie,bv the brinciules lof
public policy affirmed by our Fathers Of
lhe epoch Of 1898. sanctioned bv lonp
experience and confirmed, anew bvtabe
Overwhelming voice of the people Of the
United States. i q ,t.-.rj st-lo o.se
Recurring TO these PRINCIPLES which
constitute the organised basis Of ,lnion. we
presume lha, vast as are the functions and
the duties of the Federal Governmenl
vested in or entrusted 10 its three grea,
departments, The Legislative. Executive
and Judicial, vet the substantive power
the popular voice and The larger capacities
Of social and material development, exist
in the respective States which all being
of themselves well constituted republcs,
as they preceded, so they alone are cana.
bic of maintaining and perpetuatinp the
American Union. The Federal Govern.
ment has its appropriate line of action in
the specific and Limited powers conferred
on il BY the constitution, chiefly as 10
those things in which the States have a
common interest, in their relations 10 one
another and to foreign governments
While the great mass of interests which
belong 10 cultivated men, the ordinary bu.
siness Of Life, the springs of ,dusiry, all
the diversified personal and domestic af
fairs of society rest securely upon the sew.
eral reserved powers oflhe people of the
several states. Ther, is The effective de.
mocracy of the Nation, and there is the
vital essence Of its being and its greatness
OF the practical consequences which flow
from the nature of the Federal Govern.
ment, The primary one is. The duty of adj.
minislering with integrity and fidelity the
high trust reposed in i by the cons,in,,iou
especially in the application of The public
funds as drawn by taxation from the Ieo.
pie and appropriated 10 specific objects by
Congress. o.. ..a
Happily have no occasion 10 sugpes,
any radical change in the financial poIcy
of The Government. Ours is almost, if not
absolutely the solitary power of Ohrisen.
dom, having a surp u revenue drawn i'm.
medlitely from imports on commerce. and
therefore measured BY the spontaneous en-.
terprise and national prosperity of the conn.
try with such indirect relation 10 aoricul.
lure, manufactures and the products OF The
earth and sea, as to violate no constitutional
doctrine, and yet vigorously promote the
general welfare. Neither as TO the sources
of the public treasury, nor as 10 the man
ner of keeping and managing il, does an,
grave controversy now prevail, there being
general acquiescence in the wisdom o.
the present system.
The report of the Secretary of the
Treasury will exhibit in detail The state oI
The public finances, and the condition Of
the various branches Of the public service
administered bySlIla, department Of the
Government. The revenue of the coun.
try levied almost insensibly to the tax pay.
er, goes on from year 10 year, increasing
beyond either the interests or prospective
wants Of our government. Al The close OIL
the fiscal year ending June. 80, 1859
lheie remained in tie Treasury a'baiahce
of fourteen million six hundred and lhirly
two thousand, one hundred and thirty six
dollars.
The public revenue for the fiscal yeal
ending June 8Olh 1858, amounted 10 fifty
eight millions, nine hundred and thirty one
thousand, eight hundred and sixty five
dollars, from customs, and two millions
four hundred and FIVE thousand, sever
hundred and eight dollars, from publ,
lands and other miscellaneous sources
amounting together 10 sixty one millions
three hundred and thirty seven thousand
hVe hundred and seventy lour dollars
while the public expenditures for lh'
same period, exclusive OF payments on &C
count OF The public debt amounted to Tor
~ three millions, hve hundred and hlv
lour thousand two hundred and sixty tw
dollars; leaving balance of thirty two mil
lions. four hufged and twenty five thou
sand, lour hundred and forty seven dol
lars OF receipts above expenditures. Tn
Tact ol increasing the surplus in the Treas
ury became The subject oil anxious consid
eraVon .. Sery ear'y Per'Su " my ~
lplnlsrauop' anu u's Parro' @y uu.y !,
regaIu ~ =. seepieu 10 DC obvious an