United States Presidents' Inaugural Speeches: From Washington to George W. BushUnited States. Presidents
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United States Presidents' Inaugural Speeches: From Washington to George W. Bush
United States. Presidents
Presidents -- United States -- Inaugural addresses
Connected with this subject is the character of the currency. The idea
of making it exclusively metallic, however well intended, appears to me
to be fraught with more fatal consequences than any other scheme having
no relation to the personal rights of the citizens that has ever been
devised. If any single scheme could produce the effect of arresting at
once that mutation of condition by which thousands of our most indigent
fellow-citizens by their industry and enterprise are raised to the
possession of wealth, that is the one. If there is one measure better
calculated than another to produce that state of things so much
deprecated by all true republicans, by which the rich are daily adding
to their hoards and the poor sinking deeper into penury, it is an
exclusive metallic currency. Or if there is a process by which the
character of the country for generosity and nobleness of feeling may be
destroyed by the great increase and neck toleration of usury, it is an
exclusive metallic currency.
Amongst the other duties of a delicate character which the President is
called upon to perform is the supervision of the government of the
Territories of the United States. Those of them which are destined to
become members of our great political family are compensated by their
rapid progress from infancy to manhood for the partial and temporary
deprivation of their political rights. It is in this District only where
American citizens are to be found who under a settled policy are
deprived of many important political privileges without any inspiring
hope as to the future. Their only consolation under circumstances of
such deprivation is that of the devoted exterior guards of a camp--that
their sufferings secure tranquillity and safety within. Are there any of
their countrymen, who would subject them to greater sacrifices, to any
other humiliations than those essentially necessary to the security of
the object for which they were thus separated from their
fellow-citizens? Are their rights alone not to be guaranteed by the
application of those great principles upon which all our constitutions
are founded? We are told by the greatest of British orators and
statesmen that at the commencement of the War of the Revolution the most
stupid men in England spoke of "their American subjects." Are there,
indeed, citizens of any of our States who have dreamed of their subjects
in the District of Columbia? Such dreams can never be realized by any
agency of mine. The people of the District of Columbia are not the
subjects of the people of the States, but free American citizens. Being
in the latter condition when the Constitution was formed, no words used
in that instrument could have been intended to deprive them of that
character. If there is anything in the great principle of unalienable
rights so emphatically insisted upon in our Declaration of Independence,
they could neither make nor the United States accept a surrender of
Public-domain text, read in full here on John Shaqi.
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