Life of James Buchanan, Fifteenth President of the United States. v. 2 (of 2) — John Shaqi
Life of James Buchanan, Fifteenth President of the United States. v. 2 (of 2)Curtis, George Ticknor
History
Life of James Buchanan, Fifteenth President of the United States. v. 2 (of 2)
Curtis, George Ticknor
Buchanan, James, 1791-1868
On what issues, then, can we go before the country and confidently
calculate upon the support of the American people at the approaching
Presidential election? I answer unhesitatingly that we must fall back,
as you suggest, upon those fundamental and time-honored principles
which have divided us from our political opponents since the
beginning, and which from the very nature of the Federal Constitution,
must continue to divide us from them until the end. We must inscribe
upon our banners a sacred regard for the reserved rights of the
States—a strict construction of the Constitution—a denial to Congress
of all powers not clearly granted by that instrument, and a rigid
economy in public expenditures.
These expenditures have now reached the enormous sum of fifty millions
of dollars per annum, and, unless arrested in their advance by the
strong arm of the Democracy of the country, may, in the course of a
few years, reach one hundred millions. The appropriation of money to
accomplish great national objects sanctioned by the Constitution,
ought to be on a scale commensurate with our power and resources as a
nation—but its expenditure ought to be conducted under the guidance of
enlightened economy and strict responsibility. I am convinced that our
expenses might be considerably reduced below the present standard, not
only without detriment, but with positive advantage both to the
government and the people.
An excessive and lavish expenditure of public money, though in itself
highly pernicious, is as nothing when compared with the disastrous
influence it may exert upon the character of our free institutions. A
strong tendency towards extravagance is the great political evil of
the present day; and this ought to be firmly resisted. Congress is now
incessantly importuned from every quarter to make appropriations for
all sorts of projects. Money, money from the National Treasury is
constantly demanded to enrich contractors, speculators, and agents;
and these projects are gilded over with every allurement which can be
imparted to them by ingenuity and talent. Claims which had been
condemned by former decisions and had become rusty with age have been
again revived, and have been paid, principal and interest. Indeed
there seems to be one general rush to obtain money from the Treasury
on any and every pretence.
Public-domain text, read in full here on John Shaqi.
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