Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-12-21

The effect of the taken this proposition, if un
happily it should be carried, would be, to make sue
States willing 10 accept this money 10 look upo
il as pledge that thus nine millions was turned owe
10 hem and being so, it would become the boundei
duy Of this Government 10 provide the surplus, by ar
resting necessary appropriations, by raising new lakes
by the issue Of Treasury notes, and by resort to h
old tariff; and when thus much done, then oil wa
done that vas wanted The example would be set
which would followed up, OF raising money from The
weaker portions of the Union 10 divide among the strong
er and pnpulous parts OF IT. Our revenues were
derived principally from the weaker parts OF the Unio
from cotton, which, being carried to Europe, the
proceeds are brought back in merchandise which pays
duties The agriculture of the West also contributes
lis share in the same way Then, said MIR. B., adopt
this propOsiiion-oniy establish the princple-and the
South and West must prepare themselves III future for
heavy Of taxation, until the iasty and enornity
OF the system shall eventually PROSTATE 1t. Mr.. said
he was opposed to pos,ponement to the next year,
To the year after that he was for postponement not
only indefinitely, but in the strongest and clearest Ian
guage that could be used He was for eternal, per.
petual, and everlasting posponement.
Mr.. Preston concurred with the Senator from Mis-.
souri, nthe improperly Of holding out the idea that
this nsalment would be paid in 1910 lie did not think
il proper that the Senate should lake such course
would hold out falIaccus hope deceive the Stotes
and the people of tie U. States La accordance with
sentiments he thought the proper course would be,
repeal the first section of the deposi,e act and
if any Senator would make such motion he would sup
port it. He coucured in the sentiment that the raising
Of money for distribution unconstitutional and adj
United that he mistaken in the operations of the de-
posite There necessity for the passage Of the
law from the fiightiu surplus we had accumulated
But, Sir, our part Of the law has been completely the
SUI plus has been distributed, and the Treasury is
PEELED unconstitutional issue Of Treasury notes TO
sustain itself We have appealed TO the avarice Of the
States, and how have they responded Instead OF vigl-
lance ard economy the States have gone schemes Of
unparalleled extravaganza Why appeal longer 10 the
vigilance Of the States 10 control us in our expenditures
lie thought If he had known that instead OF reclaming
was exhausted, Tie Secretary would have borrowed mo-
ney by forced ocD he would have opposed, with inc
Senator from Missouri, the passage OF ths la" he
thought that it had been mischerous in It's opera
tons in respects and accelerated the hscal Gala
mites under which have lately suffered but Il
not the sole cause There was an Antagonist sys
TEN for getting rid Of the by enormous appro-
priaons for and useless objects; and though
our system prevailed we increased expenditures,
even after our surplus deposited with the States
We had bounded rapidly from surplus of sixty mil
lions and appropriation of forty millions, TO an in
solvent Treasury But the depose act had failed in
the great obec, proposed by its enactment and having
failed is it correct to continue it upon the statute book
Is there any probability of any portion of The money
being hereafter reclaimed from The States why then
continue it, fIe had acted in good faith when voting
for that bill: he had voted for as deposle act de-
pos,e which would he called for and ought 10 be called
for when needed for the exigencies of the Government
He deceived. lie concurred with the Senator from
Missouri, that the act had squirting towards raising
revenue for distribution, and on that ground tof
celebrating it.
Mr.. Tallmadge said, he should vote for the amend
nent he about 10 rise 10 offer similar one when
he was anticipated by his friend from Kentucky His
object having thus been accomplished, he designed 10
sit still and give silent the question: but some
gentlemen had seen Ii. 10 go into the merits of the de-
poste act, which they pleased to term distribution bill
He had said on former occasion, that whenever gentle
thought proper TO discuss the merits Of that bill,
he would not sit still silent listener. He took an &C
tive parL in the passage Of that act believing that he
right then, and he belered now Gentlemen talked
Of deception when that bill was passed Sir Tsaid
Mr. there was no deception and no msconce plion
The matter wac perfectly understood and this body put
the bill in shape to o5viae all difficulties The bill
as it was originally introduced no. distribution
act, but ons for mere deposte with the States But,
gentlemen say that the effect of it was distribution
Why, Gen Jackson himself recommended an absolute
distribution three times over Twice in his annual
sages and again in his veto message on the Land bill;
aud when he heard that objections had been raised
III Congress as 10 the unconstutionay Of the measure
he recommended that the Constitution should be go
amended as TO remove any doubts the subject Al
that time objections heard from his friends No
Slr it was their party doctrine; but when the time ar.
rived that we had surplus far eyond What had
been anticipated; and the proposition made not for
an absolute distribution bat for depose with the States
the whole mailer was changed-the President changed
his opinions, and his friends changed theirs That bill
however passed the Senate with only dissenting voices
How was IT, MIR. L. asked, that it had been received
with so much dissatisfaction in different parts Of the
country? 1t was because il had offended par.g The
official organ here denounced it, and denounced every
man who voted for though every member Of that body
but six voted for it, and it the very measure pre-.
v!ousiy recommended by the President. Now, how did
that bill pass? When gentlemen talked about giving
thus money to the States, lei us look and how
Sir, said Mr.. T., we adopted amendment by which
this money was kept within the control Of Congress-
IL was provided that 1t should be distributed among the
States in the ratio Of their representation who should
give their certificates for the amounts received by them
,hot,,. a
OF The Government the Secretary of the Treasury should
sell the certificates in the market which should from
the Tine OF SALE bear an interest of FIVE per That
amendment placed the money entirely under the control
ct the Gnpernment it placed in the hands of the
States, who could use il for valuable objects, without
interest, until the Government wanted it, The State
OF New 1ors for instance, Invested her quota in her
school fund, which laying frmer foundation for
national defence than if it had been expended in brick
and mortar IN new system Of Publications, the gen
teman from Missouri wanted expend 1t; and If this
system OF forhhca,ions had been carried out must in
the end have baTkrup,sd the Treasury; for these forth
hcaUons would either have gone into diapiGaiion, or
they must have appropriated millions annually to keep
them up Had the cencs;e act passed both Houses as il
passed here, there never would have been necessity
to Gull on The States for this money or 10 issue Iea.
sury notes The Secretary of The Treasury would have
had The power 10 sell these certificates in the market
which would have been good financial operation, and
The money could have been obtained for the wants of
the Government without putting the States 10 the slight
est inconvenience The bill, however was amended IN
the other House Oh the suggestion of the President
md by that amendment tins invaluable feature was
stricken out and in lieu Of it, it was provided that the
Secretary might draw the States for small install.
menls, by giving short precious notice Why then did
not The Secretary draw for this money accordance with
the provisions of the ac Perhaps he thought the notice
was too long, and the instruments too small and perhaps
he did not TO incur The responsibility Of this mode
OF proceeding With this view Of the case was right
for gentlemen to complain Of this act as distribution
why, there was such principle advocated adopted
there: The principle con,ended os deposi,e with
the States where the Government could command it
when wanted Had the measure been carried out, as
advocated and adopted in the Senate we should have
had no difficulties and the States would not have been
embarrassed by call for money which they had laid GU,
In useful objects Gentlemen said that the Government
Was about 10 be committed TO ihs nf