Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-05-01

pear plausible and right. which, we feel convinced
did appear right tn hose Democrats who voted Tor II
in the last Congress II may be said that there is
g. al difference in principle between thus relieving
the treasury OF surplus accumulated against the
wishes, and in spite 1, the exerons OF the n ocrat.
ic party, and the system of collecting money for the
purposes of distributing OF depositing it. That it is
better &c distribute or deposit this accidental surplus
than leave it in the Treasury neiteni to ex-
travagance and temptation t. dshones,y-tIat OF
two evils. it is best to choose the least and that IN
voti Ig for Mr.. Campbels bill. this choice was hon.
esty and conscentiouslS made. with no idea of aban
doning principle, sanctionng any system OF dlstf
ributon--either in practice or in principle. That
this the case with the Democratic m mbers from
this State, We know to be The case and we so state
freely and fairly because, We said on a former
occ aston, We have desire 10 attack the motives of
gentlemen in whom we have confidence as Democrats,
but from the policy OF whose course we are forced to
record our dissent.
We notice m the last Union a letter from Gen.
Duff Green, throwing some light upon circumstances
connected with the deposit act OF 1885, ana especial
" upon the motives of Mr.. Calhoun at that time
Mr. Calhoun thought that there must for some time
be surplus annually accruiDg under the operation
of the compromise tariff of 1893. There was no
constitutional treasury or other safe custodian OF
the public monies, which had been banded abou,
between the United States Bank and the pet
Banks, and his object was really and truly to find
safer md more reliable custodians of the pub
lie money. No such reasons exist now
There is no compromise tariff OF supposed irrepe A.
ability, apparently forcing surplus-there rs con-
sttutional reasury-the true and only lawful custo-
dian of the funds of the United States, and money
drawn out of that unless in pursuance of regular ap
preparation for specific purpose of the government
is in contravenon of the spirit, the intention and
the object of the law creating the constltu'
tonal treasury, of the great measures OF Demo-
cratic policy, which has exerted more healthful IN
fuence upon the country than any other measure on
the statue book.
But apart from all other considerations, there is the
difficulty about relieving the surplus in The treasury
by deposit-that with that resource open and resored
TO- the reduction of the public burdens is not felt as
pressing obligation, and SURPRISES will be created
for the purpose of being deposited or distributed
cases of supposed necessity will be constantly arts.
ng-choices of evils will become things OF constant
recurrence, so constant as TO run into system and
leave no choice al ALL Democracy cannot be beaten
on its own true grounds, it cannot betofced from
these grounds, but it may be drawn-one little
concession-.-one slight yielding to compulsoD,
for such is implied in &C choice of evils" may
lay the foundation of future difficulties, mis-
conceptions and embarrassments. That such is
the tendency of affairs. is abundanty proved by the
his DRY of the Democratic patty. That all compro-
misses do harm is the experience OF the Union.
Daily Journal of the 29M uh