"The honourable gentleman has alluded to the distresses and financial embarrassments of the country. I should be the last man to speak of those distresses in a slighting manner; but in considering the amount of our burdens, we ought not to forget under what circumstances those difficulties have been incurred. Engaged in an arduous struggle, single-handed and unaided, not only against all the powers of Europe, but with the confederated forces of the civilized world, our object was not merely military glory—not the temptation of territorial acquisition—not even what might be considered a more justifiable object, the assertion of violated rights and the vindication of national honour; but we were contending for our very existence as an independent nation. When the political horizon was thus clouded, when no human foresight could point out from what quarter relief was to be expected, when the utmost effort of national energy was not to despair, I would put to the honourable gentleman whether, if at that period it could have been shown that Europe might be delivered from its thraldom, but that this contingent must be purchased at the price of a long and patient endurance of our domestic burdens, we should not have accepted the conditions with gratitude? I lament as deeply as the honourable gentleman the burdens of the country; but it should be recollected that they were the price which we had agreed to pay for our freedom and independence."