in the Territory of Wisconsin,
and for other purposes," which had passed both Houses, was presented to
me for my approval. I entertained insuperable objections to its becoming
a law, but the short period of the session which remained afforded me no
sufficient opportunity to prepare my objections and communicate them
with the bill to the House of Representatives, in which it originated.
For this reason the bill was retained, and I deem it proper now to state
my objections to it.
Although from the title of the bill it would seem that its main object
was to make provision for continuing certain works already commenced in
the Territory of Wisconsin, it appears on examination of its provisions
that it contains only a single appropriation of $6,000 to be applied
within that Territory, while it appropriates more than half a million of
dollars for the improvement of numerous harbors and rivers lying within,
the limits and jurisdiction of several of the States of the Union.
At the preceding session of Congress it became my duty to return with my
objections to the House in which it originated a bill making similar
appropriations and involving like principles, and the views then
expressed remain unchanged.
The circumstances under which this heavy expenditure of public money was
proposed were of imposing weight in determining upon its expediency.
Congress had recognized the existence of war with Mexico, and to
prosecute it to "a speedy and successful termination" had made
appropriations exceeding our ordinary revenues. To meet the emergency
and provide for the expenses of the Government, a loan of $23,000,000
was authorized at the same session, which has since been negotiated. The
practical effect of this bill, had it become a law, would have been to
add the whole amount appropriated by it to the national debt. It would,
in fact, have made necessary an additional loan to that amount as
effectually as if in terms it had required the Secretary of the Treasury
to borrow the money therein appropriated. The main question in that
aspect is whether it is wise, while all the means and credit of the
Government are needed to bring the existing war to an honorable close,
to impair the one and endanger the other by borrowing money to be
expended in a system of internal improvements capable of an expansion
sufficient to swallow up the revenues not only of our own country, but
of the civilized world? It is to be apprehended that by enterin
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