In consequence of the embarrassed state of business and the currency,
some of the States may meet with difficulty in their financial concerns.
However deeply we may regret anything imprudent or excessive in the
engagements into which States have entered for purposes of their own, it
does not become us to disparage the States governments, nor to
discourage them from making proper efforts for their own relief. On the
contrary, it is our duty to encourage them to the extent of our
constitutional authority to apply their best means and cheerfully to
make all necessary sacrifices and submit to all necessary burdens to
fulfill their engagements and maintain their credit, for the character
and credit of the several States form a part of the character and credit
of the whole country. The resources of the country are abundant, the
enterprise and activity of our people proverbial, and we may well hope
that wise legislation and prudent administration by the respective
governments, each acting within its own sphere, will restore former
prosperity.
Unpleasant and even dangerous as collisions may sometimes be between the
constituted authorities of the citizens of our country in relation to
the lines which separate their respective jurisdictions, the results can
be of no vital injury to our institutions if that ardent patriotism,
that devoted attachment to liberty, that spirit of moderation and
forbearance for which our countrymen were once distinguished, continue
to be cherished.
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