The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1866-12-15

tablishmcnt Of peace, harmony and frater-
nal feeling. II would tend greatly to re-
new the confidence Of the American peo-
pie in the vigor Of their institutions. IL
would bind us more closely together as
nation. and enable US to show to the
world the inherent aud recuperative pow
or of government founded upon the viii
Of the people, and established upon the
principles Of liberty, justice aud intelli-
gence. 1t would increase cur strength
and enhance our prosperity; It would ir
rciragibly demonstrate the iallacy oi the
arguments against free institutions drawn
| from our recent National discords by tho |
enemies Of republican governments. The I
admission Of loyal members from the States
now excluded from Congress, nllaying
doubt and apprehension would turn cap.
/ ital now awaiting nm opportunity for IN
vcStment into the channels OF trade and
/ industry; il would alleviate the present
| troubled condition of these States and by
| inducing emigration aid in the settle
mcnt Of fertile regions now uncultivatcd
and lead TO an increased production ol
/ those staples which have added ho great
/ IL to the wealth oi the nation aud com
mcrce Of the world, NcY gelds Of enter
prise would be opane1 to our progressive
/ people. and soon the deyas,atlons Of war
would bc repaired, aud all traces of our
domestic differences ci!lccd from the
minds Of our countrymeh in our efforts toI
preserve the unity Of the government
which constitutes Us one people, by re-
/ storing the States 10 the condition which
/ they held prior TO the rebellion. We
should be cautious lest, having rescued
our nation from the rerils Of disinteera.
ton, we turn To- consolidate, aud, in the
end finally absolute de.potism as Il re.
ward fpr the recurrence OF similar tr0ub-
les. The war having terminated and
with IL all occasion for the exercise Of
f. power Of doubtful cou-titutiouulity, We
should hasten to bring legislation within
the boundaries prescribGd by the Consti-
tntion, aud return to the ancient land
marks established BY opg fathers, for the
guidance of succeeding a,crerations The
Constitution. which at any time exists un-
iii changed by ala cxplicI. and authentic
act Of ihe whole people, is sacredly oblig.
atory upon all.
II in the opinion of the people the dis.
tribution or the modification Of the con
-titutIoual powers be in any particular
wrong, lot il be corrected by an amend.
EeUt IN the way in which the Consiiiu-
ton dcsignates, but le,iherc be no change
by usurpatiDu Washington spoke those
words 10 his counirymcn when followed
by their love and gratitude hc ynluniari-
" retired from the care Of public life:
" Keep all thing, within the pale OF our
. Constitutional powers, and cherish the
general union as the only rock of safety. +"
was prescribed by Jefferson "a q rue u
action to his couutrymen. lie cnjoincd
them to study the true principles Of their
Constitution, aud promote a union olsen
,imeufs and action equally auspiciou. to
their happiness and safety jackson held
! that tie action oi the general government
should always be strictly confined To the
A., sphere OF rs appropriate duties. and just
! y and forcjbly urged that our govern
, mcnt Is not 10 he maintained nor our
Union preserved by the invasion of the
, rights and power, of the several States
H. thgs attempting to make our Gencr.
, al Government strong, We make ii weak
, 1t Is true. strength Consists in leaving IN,
: diyidusl- aud States a. much - possible
to themselves; in making itself felt, not
III It's protection; not in binding the
States more clurely to the center, but
e leaving each To move unobstructcd in its
proper constitutional orbit
-. Wise are teachings OF men whose deeds
4 i.-.,r !
and long since Withdrawn from the scenes
OF life; they have leit to their country
the rich legacy Of their example, their
3. wisdom aud their patriotism. Receiving
r inspirations from their lessons, let us en-.
uIatc them in love Of country and respect
for the Constitution and the laws.
TREASURY DEPARTMENT.
t The report Of the Secretary of the
| Treasury affords much Information re-
y spcctinS the revenue and commerce Of the
= country. His views upon the currency
l and with reference 10 proper adjndg-
j. ment Of our revenue system, internal as
h we'll as external, are commended to tho
+ careful consideration Of Congress. In my
i last Annual Message, | expressed my
a general views upon these subjects.
c need now only call attention to the neces
/ slty of carrying into every department o.
Il the Government a system Of rigid accoun
c liability retrenchplent and wise econ
Is Omy with no exceptional or unusual ex
d penditures. The oppressive burdens o
f taxation can be lessened by such a modi
l. fcasion OF oug rayeGue tax as will be con
e sistent with the public faith and the leg
itimate and necessary wants of the Gov
G ernment. The report presents mucl
r more satisfactory condition of our fnan
l. ces, than one year ago the most sanguinC
d could have anticipated.
e During the fiscal year ending the 30tl
J. of June, 1865, the last year of the war
l. the public debt was increased $941 ,902,
g 537, and on the 31st of October, 1865, i
e amounted to $2,740,S54, $50 On the g.
So day of October, 1866, it had been reduc
l. ed to S2,55l,3l0,060. The diminutior
e during a period of Ia months commenc
e ing September 18th, 1865, and ending
n October 3lst 1866 having been $206, ,379
e 565. In the last animal report on thi
If state Of the finances, it was estimated tina
during the three quarters Of the fsca
e year ending the 30th of June last, tn
: debt would be increased $ll2, 194, 4,947
r. During that period, however, it was re
,s duced S3l ,l9G,386, the receipts Of tn
e. year having been $89.905, ,905, more, AM