Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1836-07-05


fcr these Cuixo,ie appropriations. II gentlemen
desire to as.aac responsibility winch thr ESccu-
tive declines, The, are certainly at liberty to de-
81. shall take care To wash my banda nf The
responsibility by voting against ;he spptopra.
ticns.
Bot, sir, the national defence" project having
encountered 30 many obstacles from the Depart
men,s and II being nscertainod that II viii euttre-
" fail of dies. 7aing The public revenue, gentlemen
have very industtiously set themselves at WORK ~
nyenling other schemes ior accomplishing the
audahle object. shall no, stop TO enumcratc the
various projects which this strife for the honor of
being the inventor oi Tie most expeditions aud ct
fectusl mode Of draining the Treasury has pro-
duccd. ANY gentlemen, who has cuuosiiy Ia
examine list Of them will ind one approximaring
rs nearly to perfection rs the nature of tho subject
Will admit IN the printed remarks Of the gentleman
from New York on my leA Mr. Ghllct,, who cat
hi4ed so non commiitaiy his colleague, Mr. Gran.
ger in regard to these various schems, aud who
thought before the prompt responses of his col
league Sore cempletcd. most heartily wished them
back in the bf1ias of the very respectable gentle
mai who had conc ocicd them. feel under great
obligations to my friend from New \. Mr. Gillettl
for the labor he has so praiscworthy expended, ~
hunting up from among the dusty flies of the two
House these various schems, and of presenting
them 10 So condoscending manner. have had
thoughts of moving the House for The printing of
extra number of the gentlemen a0louge, IN or
der that my constituents may have perfect know
ledge of the very great variety OF modes by which
the public money may be lngenlously squandercd;
but as | doubt whether such motion would be IN
order without a suspension of The rules trust the
gentleman will pardon me for waving II, at least
for present 1t is a little remarkable sir, that two
a., Ito, Of OH
snce, perhaps of the great anxiety Of gentlemen to
put dowh all mouoples-are for the benefit OF cor
poratious. | refer 10 the rrojeoi of the grave Sen
a,or from Tennessee, Mr. Grundyl for entering into
partnership with rail road companies aud to the
no less commcndablc one of the Senator from New
York Mr.. Wright for investing the surplus IN
corporation stocks Who are 10 be the agc.ts OF
making these investments We have rot yet been Ia
formed hope shall not be considered ont OF order
in suggesting that there are sundry very worthy
gentlemen in the New York Senate, who have had
great experience in these stock matters, and whose
claims for services rendered and trials ana tnoula
tions endured in the bloody wars against nonopiics
ought not TO be overlooked.
Mr. Chairman there is n great inherent difficulty
in this matter of spending the entire surplns.-
When there really proper objects of expen-
diture, it requires immense intellectual labor to
discover them. wonder, sir that some gentlemen
has not introduced an appropriation, say OF mil-
hon two to be arded to the person who should
invent the plausible mode OF draining the treasury.
do not think II would produce msLy new schemes
for believe the ngunlty has already been taxed
to the utmost but 1t would have the merit Of be-
ing itself project, and Of abstfactlng from the
Treasury precisely the amount which appro-
prated us premium. If any gentleman has
scheme in bis drawer ready TO Offer aud thinks thie
a better orc, or, If any gentleman who has prodn
ccd a scheme aud ridden II through its butterfly
life, is DESTROYS Of mounting another hobby, he Is
welcome TO tnis-"lrce gratis for nothing"
| leave the sum blank, 10 be filed up by whoever
ceives it. do not engage tia, it is absolutely
proper mode of spending the public money; nor
do desire any gentleman TO take The scheme alb
souicly at his own MEX warrant 1t to be fully
equal 10 every respect to most Of the projects that
have gone before IT, aud further warrant that the
! people, 10 whom all these matters must be finally
submitted, will consider IL.
! Mr.. Chairman propose 10 inquire into the &C.
tua! state Of nc Treasury, with the view Of as
certainng whether its condition and prospects, will
allow of distribution Of the proceeds OF the public
lands among the States, as proposed by the bill on
your table from the Senate. But, before doing
beg leave to call the tho attention of the commit
tee TO tho Two last annual reports of the Secretary
Of the Treasury, for the purpose OF showing no"
entirely mistaken he has been in his estimates Of
the future revenue fihe country.
In his report Of December 2 1884, he estimated
the balance that would he 10 the Treasury on
the first Of January; 1880,
at $3.50 .232 81
! lie estimated the receipts during
the year 1888, at 2o,ooo ooo w
/ Making OF 0SsilBbe funds
! for that year. S2o,oo 100 %
BY the report Of December, 1880, appears
! that the actual balance IN the Treasury on the
first of January, $50 instead Of being sbou, IL
millions a. he had before estimated, was - -92
SIS ~ aud By the same report We are informed
tlat The receipts Of $50, 'nst'ad Of being bot 20
millions would be- SIS .130. 3sl OF, exceeding by
/ nearly ; IL millions his previous es'imzie made
al the commencement of the present session.
But, on the 18Th Of January, the Secretary, IA
answer to call from the Senate, informs US That
bis estimate Of receipts made ia Deeemb"r was
quite too low: and that the actual receipts Tor 1888
4 were s34 400 1888 90 being addition Of SIX mill
IONS which the short period of''E weeks had enabled
him 10 d,.coyer. Tue account then between The
l II 81 Sac,efsfgg estimates fgf SOD