The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1838-12-29

show that all the gambling and fraud which had dsga-
ced the country grew out Of the credit system.
Mr.. REED said, the gentleman from New York
told us last session, that lament II who might the
Sub Treasury system was and should be the law Of
the land. How could he then say that the Sub
i Treasury bill would have prevented the frauds.
i was very necessary In the administration party to
Me facts which might enable US 10 prevent future
| defalcaiions.
Mr.. CAMBRELENG wouid lake this opportunity
TO explain his views as to the law relative 10 the
regulation OF the Treasury. He considered the de-
posite act Of 1886 as abrogated. There was no law
on the subject except the act of 1859, modified by
| the joint resolution of 1916.
| AfteF some remarks from Mr. LOOMS and Mr..
WILLIAMS, Of Tennessee,
| Mr.. JAMES GARLAND offered an amendment,
calling upon the Secretary ofthe Treasury for addi
tiona statements Of defacations. and The correspon
dence relative 10 the same, up TO October last.
Mr.. GARLAND said he wished the whole infor-
nation TO go in one body To the people, who would
be able TO draw their own differences from the facts.
lie cared not what the facts proved, II they showed
the truth Every one would draw his own differences
from the facts. IL was now proposed to change the
whole financial system Of the country, and every
thing that shed light upon the subject ought TO be
brought out Some might devise arguments for and
ments, as to himself, he had taken his position and
made up his opinions this subject and from that
he should not swerve.
| Mr.. DUNCAN spoke against the resolution. He
objected H. because he said would do good and
cost much public money. He moved TO lay the sub
ect on the table, but withdrew at the request Of
Mr.. BRONSON, who proposed to except from the
motion the two House Documents, relative to pub
lie defauers. The statements in these Documents
were unjust to many individuals. who are held up
there as defaulters, and they had already been ex
tensively published. The opposition had complain
ed that they were full of ISLANDERS upon dead men
and innocent men He did not doubt that the state
ments were true, but, without explanation, they did
\ n re tn rms indv
Mr. MENEFEE supported the motion. He was
not surprized, he said, that gentlemen wished 10
conceal the proaigacy and frauds of the adminisira
lion. They began BY Sliding investigation, now
been obtained out of theirow officers
Mr. PRENTISS waspleased at the sensation pro-
duced here by this motion. Il showed that some of
the party were not vet outlaws-not yet desperately
wicked. He hoped the resolution proposed would
enable us to make another haul out of the public
officers. He was trying all sorts Of ways, by har
poon and by net, 10 get facts from them.
Afler word or two from Mr.. ATHERTON,
Mr. THOMAS made some remarks on the sub
Ject He was in favor Of giving full information TO
the people on these subjects. But Of these docu-
ments implicated innocent men, as every one here
knew Gentlemen might disclam as long as they
please No party was responsible for these Frauds
and the people know that. The defaulters were,
Wings.
M. LEGARE was surprised that any objection was
e to the printing Of these documents. They were
~ Utmost importance
MrsyVISE followed. In the course Of his remarks,
said he would this day. il he could file articles Of i'm
pehme II against the Secretary. The only excuse Of
Ne Secretary was, that he had permitted some
WhigS TEAL money well as Loco-focos. How
many Oh lton men had been bought over in this wayl
II was Il Nsr excuse for the Secretary. That plea
would not asa'l, him. SIR despse Wing thief as well
as Loco. foco thief
The debate was ,coutnuod by Messrs Thompson, w.
Cost Johnson and Boon
Without ta)kA any 4pestion on motion Of Mr..
BOND, the House adjourned.