The Litchfield County post., 1828-02-07

the attention ut the House 70 say so much -
he did. Mr.. Barney followed, IN reply to the
gentleman from Kentucky. Hewas succeed
ed by Mr.. Taylor, who explained the reasons
which had led him to offer the amendment, in
very neat and sensible speech. The mover
of the resolutions, said Mr.. T.ssets out in his
preambulatOry Revolutionary declaring, ''that
It is expedient 10 discharge the national debt
without ayoidabIe delay" Ifthis expression
is intended to convey the idea that every re-
source OftaxatiOn, direct and indirect. ought
now to be adopted for the purpose Of expedi-
ting the cxtinguishment Of the national debt,
Mr.. +. said il would find few advocates, Ell
Their in this House or nut ofit. No man would
risk his reputation-he would not say as a
statesman, but as a man of common sense
by proposing for that purpose to lay direct
tax upon the States of this Union. or by re-
enacting the excuses and double hostages to
which necessity compelled us to resort during
the late war. There was, indeed, a period,
said Mr.. T., during the late Administration,
when.the condition Of the Treasury was such,
that it could not regularly pay the Commits
sioners Of the Sinking Fund the annual ten
millions. The appropriations remained a
charge upon the; Treasury land although loans
to the amount of several millions were author
lied and negotiated, the Treasury still re-
manned debtor to the Commissioners. 1t was
in this situation of the country, when, on the
one hand We were increasing our debt by
loans from banks and individuals, and on the
other, not paying our debt to the Sinking
Fund, that the refOrmers, the much abused
radicals, of whom, said Mr.. r., was one.
succeeded in reducing the army, rank and file,
disbanding useless officers. This operation
saved about a million year, and has already
Amounted to seven or eight millions, without
the leastIinjury to the public service Since
then the conditiasn Of the Treasury has been
more fourishing. Within the three last years,
it has paid the balance that it owed TO the
Sinking Fund. The principal Of the public
debt has been extinguished to an amount ex-
ceeded twenty lone millions of dollars, and
nearly twelve millions paid for interest. Mr..
Buchanan followed against the amendments
in favor of the resolution. He replied to the
several gentlemen who had alluded to hisre-
marks during the previous portion of the de-
bate. Mr.. Mitchell of Tennessee then took
the floor in, favor. of the resolution. He sup
iported his views by pressing a number of ar
gaments upon the attention Of the House.
IT,. ,,,. c,lfovvo IN, Mr. nan;ol ~ Var, AZ
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n ths Ho..s oe r REPRESENTATIVES mr. HINT
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iat;on A. fb;s dine. relative 70 the anno;nt.