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Virginia furnished more business for a judge than the whole State

of Illinois?









NATIONAL BANK



JULY; 1848;



'FRAGMENT'



The question of a national bank is at rest。  Were I President; I

should not urge its reagitation upon Congress; but should

Congress see fit to pass an act to establish such an institution;

I should not arrest it by the veto; unless I should consider it

subject to some constitutional objection from which I believe the

two former banks to have been free。









YOUNG v。s。 OLDPOLITICAL JEALOUSY



TO W。  H。  HERNDON。



WASHINGTON; July 10; 1848。



DEAR WILLIAM:



Your letter covering the newspaper slips was received last night。

The subject of that letter is exceedingly painful to me; and I

cannot but think there is some mistake in your impression of the

motives of the old men。  I suppose I am now one of the old men;

and I declare on my veracity; which I think is good with you;

that nothing could afford me more satisfaction than to learn that

you and others of my young friends at home were doing battle in

the contest and endearing themselves to the people and taking a

stand far above any I have ever been able to reach in their

admiration。  I cannot conceive that other men feel differently。

Of course I cannot demonstrate what I say; but I was young once;

and I am sure I was never ungenerously thrust back。  I hardly

know what to say。  The way for a young man to rise is to improve

himself every way he can; never suspecting that anybody wishes to

hinder him。  Allow me to assure you that suspicion and jealousy

never did help any man in any situation。  There may sometimes be

ungenerous attempts to keep a young man down; and they will

succeed; too; if he allows his mind to be diverted from its true

channel to brood over the attempted injury。  Cast about and see

if this feeling has not injured every person you have ever known

to fall into it。



Now; in what I have said I am sure you will suspect nothing but

sincere friendship。  I would save you from a fatal error。  You

have been a studious young man。  You are far better informed on

almost all subjects than I ever have been。  You cannot fail in

any laudable object unless you allow your mind to be improperly

directed。  I have some the advantage of you in the world's

experience; merely by being older; and it is this that induces me

to advise。  You still seem to be a little mistaken about the

Congressional Globe and Appendix。  They contain all of the

speeches that are published in any way。  My speech and Dayton's

speech which you say you got in pamphlet form are both word for

word in the Appendix。  I repeat again; all are there。



Your friend; as ever;



A。 LINCOLN。









GENERAL TAYLOR AND THE VETO



SPEECH IN THE HOUSE OF REPRESENTATIVES;

JULY 27; 1848。



Mr。 SPEAKER; our Democratic friends seem to be in a great

distress because they think our candidate for the Presidency

don't suit us。  Most of them cannot find out that General Taylor

has any principles at all; some; however; have discovered that he

has one; but that one is entirely wrong。  This one principle is

his position on the veto power。  The gentleman from Tennessee

'Mr。 Stanton' who has just taken his seat; indeed; has said there

is very little; if any; difference on this question between

General Taylor and all the Presidents; and he seems to think it

sufficient detraction from General Taylor's position on it that

it has nothing new in it。  But all others whom I have heard speak

assail it furiously。  A new member from Kentucky 'Mr。 Clark'; of

very considerable ability; was in particular concerned about it。

He thought it altogether novel and unprecedented for a President

or a Presidential candidate to think of approving bills whose

constitutionality may not be entirely clear to his own mind。  He

thinks the ark of our safety is gone unless Presidents shall

always veto such bills as in their judgment may be of doubtful

constitutionality。  However clear Congress may be on their

authority to pass any particular act; the gentleman from Kentucky

thinks the President must veto it if he has doubts about it。  Now

I have neither time nor inclination to argue with the gentleman

on the veto power as an original question; but I wish to show

that General Taylor; and not he; agrees with the earlier

statesmen on this question。  When the bill chartering the first

Bank of the United States passed Congress; its constitutionality

was questioned。  Mr。 Madison; then in the House of

Representatives; as well as others; had opposed it on that

ground。  General Washington; as President; was called on to

approve or reject it。  He sought and obtained on the

constitutionality question the separate written opinions of

Jefferson; Hamilton; and Edmund Randolph;they then being

respectively Secretary of State; Secretary of the Treasury; and

Attorney general。  Hamilton's opinion was for the power; while

Randolph's and Jefferson's were both against it。  Mr。 Jefferson;

after giving his opinion deciding only against the

constitutionality of the bill; closes his letter with the

paragraph which I now read:



〃It must be admitted; however; that unless the President's mind;

on a view of everything which is urged for and against this bill;

is tolerably clear that it is unauthorized by the Constitution;

if the pro and con hang so even as to balance his judgment; a

just respect for the wisdom of the legislature would naturally

decide the balance in favor of their opinion。  It is chiefly for

cases where they are clearly misled by error; ambition; or

interest; that the Constitution has placed a check in the

negative of the President。

〃THOMAS JEFFERSON。

〃February 15; 1791。〃





General Taylor's opinion; as expressed in his Allison letter; is

as I now read:



〃The power given by the veto is a high conservative power; but;

in my opinion; should never be exercised except in cases of clear

violation of the Constitution; or manifest haste and want of

consideration by Congress。〃



It is here seen that; in Mr。 Jefferson's opinion; if on the

constitutionality of any given bill the President doubts; he is

not to veto it; as the gentleman from Kentucky would have him do;

but is to defer to Congress and approve it。  And if we compare

the opinion of Jefferson and Taylor; as expressed in these

paragraphs; we shall find them more exactly alike than we can

often find any two expressions having any literal difference。

None but interested faultfinders; I think; can discover any

substantial variation。



But gentlemen on the other side are unanimously agreed that

General Taylor has no other principles。  They are in utter

darkness as to his opinions on any of the questions of policy

which occupy the public attention。  But is there any doubt as to

what he will do on the prominent questions if elected?   Not the

least。  It is not possible to know what he will or would do in

every imaginable case; because many questions have passed away;

and others doubtless will arise which none of us have yet thought

of; but on the prominent questions of currency; tariff; internal

improvements; and Wilmot Proviso; General Taylor's course is at

least as well defined as is General Cass's。  Why; in their

eagerness to get at General Taylor; several Democratic members

here have desired to know whether; in case of his election; a

bankrupt law is to be established。  Can they tell us General

Cass's opinion on this question?



'Some member answered; 〃He is against it。〃'



Aye; how do you know he is?  There is nothing about it in the

platform; nor elsewhere; that I have seen。  If the gentleman

knows of anything which I do not know he can show it。  But to

return。  General Taylor; in his Allison letter; says:



〃Upon the subject of the tariff; the currency; the improvement of

our great highways; rivers; lakes; and harbors; the will of the

people; as expressed through their representatives in Congress;

ought to be respected and carried out by the executive。〃



Now this is the whole matter。  In substance; it is this: The

people say to General Taylor; 〃If you are elected; shall we have

a national bank?〃  He answers; '' Your will; gentlemen; not mine。

''  What about the tariff?〃 〃Say yourselves。〃 〃Shall our rivers

and harbors be improved?〃 〃Just as you please。  If you desire a

bank; an alteration of the tariff; internal improvements; any or

all; I will not hinder you。  If you do not desire them; I will

not attempt to force them on you。  Send up your members of

Congress from the various districts; with opinions according to

your own; and if they are for these measures; or any of them; I

shall have nothing to oppose; if they are not for them; I shall

not; by any appliances whatever; attempt to dragoon them into

their adoption。〃



Now can there be any difficulty in understanding this?  To you


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