Thirty Years' View (Vol. 1 of 2): or, A History of the Working of the American Government for Thirty Years, from 1820 to 1850 — John Shaqi
Thirty Years' View (Vol. 1 of 2): or, A History of the Working of the American Government for Thirty Years, from 1820 to 1850Benton, Thomas Hart
History
Thirty Years' View (Vol. 1 of 2): or, A History of the Working of the American Government for Thirty Years, from 1820 to 1850
Benton, Thomas Hart
United States -- Politics and government -- 1815-1861
was a treaty of great moment, settled many troublesome questions,
was very desirable for what it contained; but as it was silent on
the main point, it was rejected, without even a reference to the
Senate. Now we were in a like condition after a war. The war was
struggling for its own existence under the state of the finances,
and had to be stopped without securing by treaty the object for
which it was declared. The object was obtained, however, by the war
itself. It showed the British government that the people of the
United States would fight upon that point--that she would have war
again if she impressed again: and there has been no impressment
since. Near forty years without a case! when we were not as many
days, oftentimes, without cases before, and of the most insulting
and outrageous nature. The spirit and patriotism of the people
in furnishing the supplies, volunteering for the service, and
standing to the contest in the general wreck of the finances and
the currency, without regard to their own losses--and the heroic
courage of the army and navy, and of the militia and volunteers,
made the war successful and glorious in spite of empty treasuries;
and extorted from a proud empire that security in point of fact
which diplomacy could not obtain as a treaty stipulation. And it
was well. Since, and now, and henceforth, we hold exemption from
impressment as we hold our independence--by right, and by might--and
now want the treaty acknowledgment of no nation on either point.
But the glorious termination of the war did not cure the evil of a
ruined currency and defective finances, nor render less impressive
the financial lesson which it taught. A return to the currency of
the constitution--to the hard-money government which our fathers
gave us--no connection with banks--no bank paper for federal
uses--the establishment of an independent treasury for the federal
government; this was the financial lesson which the war taught.
The new generation into whose hands the working of the government
fell during the THIRTY YEARS, eventually availed themselves of
that lesson:--with what effect, the state of the country since,
unprecedentedly prosperous; the state of the currency, never
deranged; of the federal treasury, never polluted with "unavailable
funds," and constantly crammed to repletion with solid gold;
the issue of the Mexican war, carried on triumphantly without a
national bank, and with the public securities constantly above
par--sufficiently proclaim. No other tongue but these results is
necessary to show the value of that financial lesson, taught us by
the war of 1812.
Public-domain text, read in full here on John Shaqi.
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