avor them. I know no
method to secure the repeal of bad or obnoxious laws so effective
as their stringent execution."
And closed with these words:
"In conclusion I ask patient forbearance one toward another throughout
the land, and a determined effort on the part of every citizen to
do his share toward cementing a happy Union; and I ask the prayers
of the nation to Almighty God in behalf of this consummation."
I believe he strictly performed what he thought was his duty, and
if he erred, it was from a want of experience in the complicated
problems of our form of government. The executive department of
a republic like ours should be subordinate to the legislative
department. The President should obey and enforce the laws, leaving
to the people the duty of correcting any errors committed by their
representatives in Congress.
The first act of the 41st Congress, entitled "An act to strengthen
the public credit," was introduced in the House of Representatives
by General Schenck, on the 12th of March, 1869, and was passed the
same day. It came to the Senate on the 15th of March, and, on my
motion, was substituted for a similar bill, reported from the
committee on finance, and, after a brief debate, was passed by the
decisive vote of 42 yeas and 13 nays, as follows:
"That in order to remove any doubt as to the purpose of the government
to discharge all just obligations to the public creditors, and to
settle conflicting questions and interpretations of the law by
virtue of which said obligations have been contracted, it is hereby
provided and declared that the faith of the United States is solemnly
pledged to the payment in coin, or its equivalent, of all obligations
of the United States not bearing interest, known as United States
notes, and of all interest-bearing obligations of the United States,
except in cases where the law authorizing the issue of any such
obligations has expressly provided that the same may be paid in
lawful money or other currency than gold and silver. But none of
said interest-bearing obligations not already due shall be redeemed
or paid before maturity, unless at such time United States notes
shall be convertible into coin at the option of the holder, or
unless at such time bonds of the United States bearing a lower rate
of interest than the bonds to be redeemed can be sold at par in
coin. And the United States also solemnly pledges its faith to
make provision, at the earliest practi
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