Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-01-24
E oil al.
SPEECH OF MR.. WEBS TER,
OF MAssACHusET1s,-os TBR SPECIE CIRCULAR
IN SENATE-WrDSrsDAY, Dee. 81, 1886.

IN SENATE-WKDSrsDAY, Dee. 81, 1886.
The Senate having again proceeded To the or
der Of the day, which was he consideration of the
following resolutions. hereic fore moved by Mr.
Ewing Of Ohio.
Resolped by The Senate and House Of Representa-
tipe,, DEC. That the Treasury Order q the ! LII.
day of Jolly, Ammo Don.ini one thousand eight hun
dred and thirty-six designating the funds which
should be receivable in payment for public lands,
be, and the same is hereby, refcnded
Resoluod, also, That it shall not be lawful for
the Secretary Of the Treasury to delegate to any
person, or to any corporation, the power Of direct
ing what funds shall be receivable for customs, or
for the public lands; shan lie make any discrm-
ination the fluids receivable between different
branches of the public revenue.
Mr.. WEBSTER arose and addressed the Senate
as follows -
Mr. PRgspESr-The power Of dsposing Of this
important subject is III the hands of gentlemen
both here and elsewhere, who are not likely to be
influenced by sny opinions Of mine. have no mo-
tive, therefore for addressing the Senate but TO
discharge public duty, and TO fulfil the expeca-
lions Of those who look TO .or opposition,
whether availing OF unavailiog, 10 whatever be-
lieve To be Illegal or injurious to the public inter.
ess. In both these respects, the Treasury order
/ Of the llth of 10 appears to be objectionable. ]
! think il not warranted by law, and think ii also
/ practically p-ejudlcal. think it has contributed
not little 10 The pecuniary difficulties under " hch
the whole country has been and stll is laborinr :
and tina, its drcc, effect on one particular part of
the country rs still more decidedly and severely I'M
favorable.
The Treasury order, or Treasury circular. OF
the llth Of July last is addressed by the Score
tary to the receivers of public money and The de-
I.
these banks, after tie l5h day Of August de,. ner,
70 recare in payment Of he paLGc laads nothing cr.
eep trhat is directed By eristing lars nj. goM ana
sirer, md in he proper cases, pbgiaia lGal sci
prOuidea hot m he Ism IF DecemJer then merit n,
indulgence heretofore erisrGed as 10 The Kind o
rnoncy rceeired, may be continued, far any quantity
Of land not breeding $40 acres 10 each purchase,
,chO Is actual settler bona fde resident ia n,
STATE trhsre he sdles mad.
The exception in favor of Virginia scrip if
founded on particular set Of Congress. aud make,
no part Of tho general question. !, Is not ueces.
sary therefore 10 refer farther TO TINT execution
The substance of the general instruction IT, thai
nothing tut gold and siirer shall BE- rsorjred in pay
meat for public lands provided, however, that &C
iusi sel,lcrs and bona fad, residents in the States
where Inc Gales are made msy purchase ia quaint,
ties not exceeding $50 acres each. oad be sllowe,
10 pay as heretofore. b., this provision was I'm
tied to The 18th day of December, which has now
passed 50 thst by urtue Of this order, gold al,
SILVER are now required Of al purchasers, and TO
ell quantities.
AN very glad that resolution TO rescind hi,
order has been thus early introduced snd ! az
glad. too, since the resolution l. to be oppos I'd
that Opposition comes ear, Ia bold, unequiyocsl
tHd decided form. The order, II seems. - to 3,
deicuded a. being both legal and useful. LEI il,
defeace. then, be made.
The honorable member from Missouri tMr Ben.
toni Objects even TO giving the resolution 10 res
cind. second reading. ID ssils himself Of Lii
night. though II be not according to general prae
tee, 90 sTes The progress Of tie metsore At IL,
first stage. This al least s open, bold and rnslly
wa,fsfe.
The honorable member. 10 HE elaborate speech
POUNDS hls oPPotlion 10 ihis resolution and his sup
port Of the Treasury order on those general pfin
cipies respecting currency, which be Is known "a
entertain. and which he has msinIsined for Bsn,
year' Has opinions sone Of us regard ss al,ogeth.
.f ultra and impraeiictble looking TO state q
things not desifttls IN itself even II II were prsei
e,LIe. and, n u we're desirable a, beiog far be-
yoDd the power u lhis Government to bring .booi
The hoaerssls member has nsnifssisd much