On what issues, then, can we go before the country and confidently calculate upon the support of the American people at the approaching Presidential election? I answer unhesitatingly that we must fall back, as you suggest, upon those fundamental and time-honored principles which have divided us from our political opponents since the beginning, and which from the very nature of the Federal Constitution, must continue to divide us from them until the end. We must inscribe upon our banners a sacred regard for the reserved rights of the States—a strict construction of the Constitution—a denial to Congress of all powers not clearly granted by that instrument, and a rigid economy in public expenditures.
These expenditures have now reached the enormous sum of fifty millions of dollars per annum, and, unless arrested in their advance by the strong arm of the Democracy of the country, may, in the course of a few years, reach one hundred millions. The appropriation of money to accomplish great national objects sanctioned by the Constitution, ought to be on a scale commensurate with our power and resources as a nation—but its expenditure ought to be conducted under the guidance of enlightened economy and strict responsibility. I am convinced that our expenses might be considerably reduced below the present standard, not only without detriment, but with positive advantage both to the government and the people.
An excessive and lavish expenditure of public money, though in itself highly pernicious, is as nothing when compared with the disastrous influence it may exert upon the character of our free institutions. A strong tendency towards extravagance is the great political evil of the present day; and this ought to be firmly resisted. Congress is now incessantly importuned from every quarter to make appropriations for all sorts of projects. Money, money from the National Treasury is constantly demanded to enrich contractors, speculators, and agents; and these projects are gilded over with every allurement which can be imparted to them by ingenuity and talent. Claims which had been condemned by former decisions and had become rusty with age have been again revived, and have been paid, principal and interest. Indeed there seems to be one general rush to obtain money from the Treasury on any and every pretence.