Our common country is in great peril, demanding the loftiest views, and boldest action to bring it speedy relief. Once relieved, its form of government is saved to the world; its beloved history, and cherished memories, are vindicated; and its happy future fully assured, and rendered inconceivably grand.
The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money intrinsic value that may come into use.
Nor must Uncle Sam's Web-feet be forgotten. At all the watery margins they have been present. Not only on the deep sea, the broadbay, and the rapid river, but also up the narrow muddy bayou, and wherever the ground was a little damp, they have been, and made their tracks.
What I do say is, that no man is good enough to govern another man, without that other's consent. I say this is the leading principle - the sheet anchor of American republicanism.