History of the United States of America, Volume 9 (of 9) : $b During the second administration of James MadisonAdams, Henry
History
History of the United States of America, Volume 9 (of 9) : $b During the second administration of James Madison
Adams, Henry
United States -- History -- 1801-1809; United States -- History -- 1809-1817
As far as concerned Madison and Monroe the repudiation of old
Republican principles seemed complete; but the people had moved less
rapidly than their leaders. Had Congress, while debating the subject
February 25, known that Napoleon was then quitting Elba to seize once
more the control of France, and to rouse another European convulsion
with all its possible perils to neutrals, the President’s views might
have been adopted without serious dispute; but in the absence of
evident danger, an army of twenty thousand men seemed unnecessary. The
finances warranted no such extravagance. Dallas wrote to Eppes, the
chairman of the Ways and Means Committee, a letter[103] dated February
20, sketching a temporary financial scheme for the coming year. He
proposed to fund at seven per cent the outstanding Treasury notes,
amounting to $18,637,000; and even after thus sweeping the field clear
of pressing claims, he still required the extravagant war-taxes in
order to meet expenses, and depended on a further issue of Treasury
notes, or a loan, to support the peace establishments of the army and
navy. The state of the currency was desperate, and the revenue for the
year 1815 was estimated at $18,200,000 in the notes of State banks,--a
sum little in excess of the estimated civil necessities.
The military committee of the House showed no sympathy with the new
principles urged upon Congress by the Executive. Troup of Georgia
reported a bill, February 22, fixing the peace establishment at
ten thousand men, with two major-generals and four brigadiers. In
submitting this proposal, Troup urged the House, February 25, to
accept the reduction to ten thousand as the lowest possible standard,
requiring only the expense of two and a half millions; but no sooner
did he take his seat than Desha of Kentucky moved to substitute “six”
for “ten,” and a vigorous debate followed, ending in the adoption of
Desha’s amendment in committee by a majority of nineteen votes. The
war leaders were greatly annoyed by this new triumph of the peace
party. As a matter of principle, the vote on Desha’s amendment
affirmed Jefferson’s pacific system and condemned the Federalist
heresies of Madison and Monroe. The war leaders could not acquiesce in
such a decision, and rallying for another effort, February 27, they
remonstrated hotly. Forsyth of Georgia was particularly emphatic in
defining the issue:[104]--
“He had hoped that the spirit of calculation falsely styled
economy, whose contracted view was fixed upon present expense,
and was incapable of enlarging it to permanent and eventual
advantage, had been laid forever by the powerful exorcisms of
reason and experience. It would seem however that it had been
only lulled by the presence of a more powerful demon. Since the
potent spell of necessity had been broken, the troubled spirit
of petty calculation was again awakened to vex the counsels and
destroy the best hopes of the country.”
Public-domain text, read in full here on John Shaqi.
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