The enquirer. [volume] (Richmond, Va.) 1804-1815, 1810-05-01

tul alC was proper 70 be obtained, for at |
present there was no document before the |
House which could shew 1t. The consuls |
residing abroad were not limited as To mum
Der OF place. there being no such limitau
on by law. He was against the proposed
mendnent. Could no proposition lac ask
ed, however fair or rational he brought for
ward without splicing SEINE proposition of
this kind tot And would the House put |
1t IN form which implied that the Prcsi !
dent ought to be impeached Had any of the
agents OF the u 5 been employ ed in this man
ner, s had the Ple>ideat suffered them to re-
main IN Office He had not done his duty
then. lie hoped the house would never a
gree to such proposition on so slight q sug
gestion.
MIR. 7alLnadge followed Mr. LANA OH the
same side ot the question.
ne motion 10 lie on the table was with
drawn, and Mr.. Rhea's motion to amend was
negativeI
The resolution was agreed to.
On motion OF Mr.. fhea, the unfinished
business OF the bank bill wa. ordered to lie
Oh the table.
Mr.. Randoihh called for the considerati-
on OF has motion that the New England Mis-
slssippi Land Company have leave 60 With
draw their memorial.
The House refused now to take ND the
subject, 81 to So.
LOAN BILL.
On motion OF Mr.. W. .WSfos. the House
resolvedit itself into committee of the whole,
Mr.. PITKIN in the chair, on the bill au,ho-
rising a loan for sum of money not exceed
ing the amount OF The principal of the pub
lie debt reimbursable during the year 1910
In the discussion which took place on this
bill there was no objection to the principle
OF II. Every gentleman who spoke assent
ed 20 the Propriety OF placing at the disposal
OF the government sum OF money fully adj :
equate 10 meet the appropriations authors
ed by law Tor the present year
Mr. LANA wished to ascertain the precise
amount OF the principal of the debt REIN
onrsaoie during the year 1910, with view
TO inserting the sum in the body of the bill
Some difference of opinion appeared to ex :
lst as 10 the exact amount of principal re
lmbursable. The sum annually applicable
70 the payment of the public debt is eight
millions of dollars. 'Che sum left after paw
lng the interest OF it for the year, is annu
ally applicable to the eXtinguishment of the
principal. The exact amount of interest
payable on the public debt during this year
not being known, there was al fIiculty in as
certainlng the exact amount of principal re.
imbursable.
The sum of $500. 600 dollars was ment-
eGed.
Mr.. Dana moved to amend the bill so as
TO authorize loan 'not exceeding 4 800 600
- oeinS 'he amount OF the principal
rembursabe &c.
This motion was Supported nv the ,pover
Msssrs. Gold, Sheffcy Quincy, Upham,
laltmadge and Pickman, aud opposed
by Messrs. Bacon, w. Aston and N onteou,-
cry,
The arguments in favor of the motion
were generally that it was improper to at
tempt TO disguise any thing by giving to it a
specious name /; that borrowing money
ShOnld no al He'd =,
mat All authority given to borrow money
Should be express and specific as to the
sum.
1t was said in reply that there could be
no objection that the truth should appear ON
the face OF bill; that this sum not being
wanted TO defray the ordinary eXpences OF
the government, bat to pay debts heretofore
contracted, the phraseo!ogy was perfectly
correct ; thatit was as specific In fact as if
expressed in SO many figures
Mr. Lana varied his motion, after de
| Date, on account OF the uncertainty which
appeared to exist as to the sum reimburse
Die, and OF course to the sum to be loaned.
11e moved to amend the bill so as to give
authority to borrow sum of money mot ex
ceed'ng four millions of dollars"
MS motion was supported and oppos
ed ny the same gentlemen as the former mo-
tion.
In support of the motion it was said that
THIS gum was all that the Secretary Of the
Treasury had asked for, and was therefore
as much as ought to be given. The advo
Gates OF the amendment also said they were
aaVerse to legislating blindfold. to voting mil .
hons wIthout knowing for what, or 10 sur
rendering up their Judgments to Executive
oiScreuon, under All IDEA that tine Presi-
dent would not borrow more than was ne
ceSsary.
In reply it was said that since tho Score
tary OF the Treasury had made the estimate
III question, other eX pcnces had been incur
fed ). that 1t was impossible to tell the pre-
else amount wanted until Congress siiould
ADJOURN, as, 1t was Impossible to tell on one
DAY what appropriations they would make
the next day that, if not necessary, the
authority TO borrow would not be used as
IN the case of the loan authorised at the last
session OF Congress, not cent of which had
peen actually borrowed. That law had grant
ed an authority nearly sinlilar TO this in near
iy the same language.
Mr. Oaha 8 motion was Depatiyed So tn
90 ~ ~
Mr.. Quiuey observed that lie felt but one
dihcuity On this subject. He could not agree
10 borrow an amount greater than the S:cre
vary VI the Treasury had said was necessa
~ re therefore moved to amend the bill
" adding to II The following proviso -
Uided, That nothing in this act con
tanned shall be Construed to authorize any
gun tobe borrowed greater than four millions