The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1908-10-22

Federalist. From out their pages their
their chief author stands colossal
figure In the worlds history. Cap
plAuse)
When. largely due to Hamilton's
powerful influence, the constitution
was finally adopted, 1t was he who
stamped upon 1t the character Of ma
ttonaltty His measures as secretary
OF the treasury embodied an entire
system Of public policy. Our system Of
taxation and finance today IL his sys-
tenn. In the words OF Webster: "He
smote the rock OF the national re-
sources, and abundant streams Of rev.
enue gushed forth He touched the
dead corpse of the public credit, and
1t sprang upon It's feet The tabled
birth OF Minerva from the brain Of
Jove was hardly more sudden or more
perfect than the financial system Of
the United States az 1t burst forth
from the conception of Alexander
Hamilton" (Applause.) In his flrst re-
port on the public credit he advocated
and sustained by unanswerable logic
the policy Of funding the public debt
and OF the assumption by the general
government OF the debts of the States
Differ as men may as to these mea-
sures, there Is no debatable ground a.
to the genius Of their conception and
the ability with which they were
urged Their Significance was polf
tical. not commercial. To satisfy for
eign creditors was to establish with
them the power and Importance of the
government which did them Justice
TO satisfy home creditors was to cre-
ate friends In every state for the CEN
trail government, which became their
debtor, and to enlist the allegiance Of
their interest in its stability and re-
sources. 1t was. in fact. to CONSOLE
date the government and rally to It's
support all the elements Of influence
and power.
Close upon the heels OF the funding
system and the assumption OF state
depts came Hamilton's cherished pro-
ject OF national bank. With It's ex-
pediency or necessity we have moth
ing to do. The relation of the mea-
sure to constitutional construction Is
the whole Of It's Importance for u.s.
Might this federal government,
whose wheels were but lately set In
motion, or might 1t not, create bank?
This was the question, for and against
which men rallied with the enthus-
iasm OF intense convictions. Yes"
said Hamilton, though 1t be not writ
ten in terms, If 1t be useful, proper,
and necessary In the enjoyment of the
powers expressly granted 1t Is inn
pliedly written in the constitution"
This fundamental doctrine Of Hamil-
tonian federalism Is today the law of
the land, embodied in and justified by
the clear logic OF John Marshall, the
greatest OF American chief justices
applause on the Republican side)
OF any chief justice of any land the
peer pure, upright, fearless and pa
triotic, pioneer in an uncleared Wild
erness OF jurisprudence, no problem
ever left his great mind unsolved no
principle dear to the lovers Of liberty
ever passed under his pen without
valuable calculation and adornment.
Applause on the Republican side)
1t was further part of Hamilton's
comprehensive craftsmanship to en-
list the national resources In the pro-
lection OF the variad Industries of his
country. The growth and production
OF the materials natural and capable
OF adaptation to It's soil and their man
ufacture were In his Judgment, EMIT
led to the specific aid Of the general
goOrnment. Whatever" said he,
concerns the general interest OF
learning, OF agriculture, of manufac-
lures, and OF commerce, Is within the
sphere OF the national concerns" That
government which today appropriates
q portion OF Its means to scientific re-
search and the diffusion OF know
ledge; which by protection fosters its
home industries; which encourages
system Of internal improvements In
terlocking the lakes, binding ocean to
ocean and Canada to the gulf-expan-
sive, practical, beneflcent-as clearly
stands his monument as does the gran
deur of London's St Paul's proclaim
the genius of Sir Christopher Wren.
Applause on the Republican side.)
Architects both, each in his sphere
peerless; 81 Quaeris monumentum, cir
cumspice.
This policy of internal improve
ments, is 1t not permanent policy?
It is not firmly embedded in our sys-
tenn, and does it not now command
universal support? Was it Democratic
origin?
The constitutionality of appropria-
lions for internal improvements was
denied by Jefferson, by Madison, and
by Monroe. In the last moments of
his official life Madison vetoed bill
"for constructing roads and canals
and improving the navigation Of water
courses" for the reason that congress
had no constitutional power to expend
the public revenues for any such pur-
pose. Monroe in his first annual mes
sage announced In most explicit terms
the same doctrine. Andrew Jackson
followed. In his first annual message
he condemned the constitutionality of
an internal-improvement system, and
in veto message, May q, 1880, sum-
med up at great length the objections
to the system. The first convention OF
the national Republicans (Whigs) as
serted in one Of Its resolutions that "a
uniform system of internal improve
ments, sustained and supported by the
general government, is calculated to
secure In the highest degree the har-
mony, the strength, and the perman-
ency OF the Republic" From 1910 to