The daily union. [volume] (Washington [D.C.]) 1845-1857, 1857-02-14
From, the boston Post
... l.s6ts .sf&u 3G From the Boston Post
THE ADMINISTRATION OF PRESIDENT PIERCE
THE PUBLIC DERT.

As the term of President Pierce approaches to its close
everywhere meet with the most emphatic and glowing
euogies on his brilliant administration Mr. Pierce has
been perhaps the most thoroughly abused Executive since
the days of Jackson but like the immortal old hero hs
will continue to grow in popular esteem until his
becomes another word for greatness through all the land
Possriy will do Franklin Pierce Justice He will retire
from the White House. having administered the govern
ment with singular ability and with the best wishes of the
best men in the country resting upon him. But
keeping the reader from just tribute of the Misssppan
The able and lucid exposition of the affairs Of the gov
eminent in the message of President Pierce has compelled
many of the opposition newspapers to admit tie vgor
wisdom, and integrity Of his administration
These concessions remarkable they come
from quarters which have not been apt to regard just
equal aud economical management Of public affairs the
object of good government but have been impatient Of
such qualities and discontinued unless scheme Of m
vortism to class interests adopted by government
The head of the administration has arrogated himself
the praise which justly his due and has dismissed in two
lines the great fact which assimates his administration
to that Of General Jackson-sAe Payment Of tie aaiond
When General Pierce in March, 1854 entered upon tho
administration Of government
The public debt $50 s76s3T
The new tax debt.... 275oooo
7l,s7sssr
In the exngushment Of this debt and premium there
has been paid S458253l9 and the balance of debt $780,
'sii Of which, says the message might be extn-
service but being not yet due and only redeemsbe at the
option Of the holder cannot be pressed to by the
government
The merit of this reduction is due to the administer
tion General Jacksons veto of the Msysve-road bill
not less essential to the protection of the treasury
and the extinction Of the first public debt than the veoes
by which President Pierce arrested the general system
OF internal improvements to this second emancpa-
ton of the nation from debt which he has substantially
achieved e
To these acts in defence Of popular right let us add
his veto Of the Frenchspoliaon BILL and the merit Of
an official course free from nepotsm and such stain as
the Gaphin swndle and the Gardiner claim inflicted on
preceding administrations.
The freedom of country from debt and the relief Of
our citizens from taxation blessings which felt At
this moment the more gratefully as in all the other mani
fesations of government in State counties and cities the
burdens of administration press heavily upon all classes
and being heapcd up literally to their posery
They are repugnant TO the democratic idea and the dem
opposed those schemes by which under the preence OF
ainterna Improvement speculative and expensive projects
have been attempted to be fastened the national treas
ury.
Experience has proved that the general government
the least fitted of all agencies for the management Of pub
lie enterprises OF this kind and accordingly all its ntee
ence in them has proved uitess and wase and source
of corruption
To leave all such undertakings to the States is the policy
OF the general government and that State is wise which,
in tsrn hands them to private capital enterprise and
skill.
This has been the experience of this great State and
THIS Is the conclusion to which all the States OF the Old
Word, free or despotic, have at last been forced.
Generai Pierce on retiring from his high post will leave
70 ms successor not only OVERLOOKING treasury but
system OF policy which has only to be maintained to de-
lend the treasury from the combinations which threaten
which are not to be nppeased by any
partial concessions any tamperng policy, but which
grow strong to demand their strength is eshen-
ca by new dranghts upon the treasury whose Unsuitable a
feeds on tss
To defeat them has been the glory of Jsckson's and
Perces Administration and IL will be glory not ess
great for their incoming to maintain the victory
South Side (Vd) DesOcra