Circular Address of Abraham Rencher of North Carolina to His Constituents

Cover Circular Address of Abraham Rencher of North Carolina to His Constituents
Circular Address of Abraham Rencher of North Carolina to His Constituents
Abraham Rencher
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But, under this bill, no dis- tribution could take place, without repealing the proviso in the distribu- tion bill of the extra session. This was done under party drill; and we had the strange spectacle exhibited in a free country, of imposing heavy and unequal burdens upon the people, that they might make an unequal dis- tribution to that same people; giving the least portion to that section upon whom was imposed the heaviest burden. If ever there was a bill of abominations in this country, th...is was one; and I rejoice that we had a President sufficiently honest and independent to strangle it by the exer- cise of his constitutional veto.
PUBLIC DEBT.
Our public debt, l^'itlnn two years, has run up from less than ten mil- lions of dollars, to abo!^*- thirty millions; while our annual revenue, both from lands and import?? ^oes not equal our annual expenditures. We must, therefore, continut^ to increase our public debt. If we make dis- tribution, that public debt must continue to increase more rapidly— and that, too, in time of a pr(»found p^acS.


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