A Compilation of the Messages and Papers of the Presidents. Volume 3, part 2: Martin Van Buren
History
A Compilation of the Messages and Papers of the Presidents. Volume 3, part 2: Martin Van Buren
Presidents -- United States; United States -- History -- Sources; United States -- Politics and government; Van Buren, Martin, 1782-1862
I can not doubt that on this as on all similar occasions the Federal
Government will find its agency most conducive to the security and
happiness of the people when limited to the exercise of its conceded
powers. In never assuming, even for a well-meant object, such powers as
were not designed to be conferred upon it, we shall in reality do most
for the general welfare. To avoid every unnecessary interference with
the pursuits of the citizen will result in more benefit than to adopt
measures which could only assist limited interests, and are eagerly,
but perhaps naturally, sought for under the pressure of temporary
circumstances. If, therefore, I refrain from suggesting to Congress any
specific plan for regulating the exchanges of the country, relieving
mercantile embarrassments, or interfering with the ordinary operations
of foreign or domestic commerce, it is from a conviction that such
measures are not within the constitutional province of the General
Government, and that their adoption would not promote the real and
permanent welfare of those they might be designed to aid.
The difficulties and distresses of the times, though unquestionably
great, are limited in their extent, and can not be regarded as affecting
the permanent prosperity of the nation. Arising in a great degree from
the transactions of foreign and domestic commerce, it is upon them
that they have chiefly fallen. The great agricultural interest has in
many parts of the country suffered comparatively little, and, as if
Providence intended to display the munificence of its goodness at the
moment of our greatest need, and in direct contrast to the evils
occasioned by the waywardness of man, we have been blessed throughout
our extended territory with a season of general health and of uncommon
fruitfulness. The proceeds of our great staples will soon furnish the
means of liquidating debts at home and abroad, and contribute equally
to the revival of commercial activity and the restoration of commercial
credit. The banks, established avowedly for its support, deriving their
profits from it, and resting under obligations to it which can not be
overlooked, will feel at once the necessity and justice of uniting their
energies with those of the mercantile interest.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account