Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-12-25

e,,,,sa ~" ,i u, ex@erI iivr millions = dollar
Til. e n, finnish additional meals, ci'ii 20 " CON"
puscd winch sa n,a o. is'''' . w aiaGl:
the present year, beih5 "'o"s
Hence. there mny be added, from ;rs -eser: so',se-,
much as to H,ke Inc V"''' ''"'' ai,.a3, -
on the other hand. the cSrndnufe lor ~ ,oi OK.
nary purposes II s"ila,s ~, .' liz di.rcn, !epa..
approximations ,I trlIs :, y ~ ie2aJ,0a
mcnts, estimator ~
This world lease ., naIa y :" - 5,.3a
nnt CERTAIN. H., nlcui> must also DC inaas q! Acr' -
! liz funded and unlundtd deif hh.>> OIL -
nor, contracts 10 formed III ,i'ndn- We '"e
NJ their "a, rncut. Thus, there WI y '.ln.u'
On account OF The iuh'e0 ''''' sli9,2o
= - ~. ,,.mn,;on Of Treasury notes II all the others
y y, d :, ' ' can he ndcr the present law,
then the Re, amount . ..I rT'"'"ss "" 1.50oCs
s46i9,sr
Estimated balance in the Treasury Al the close oil the
next year, after all payments "na'e'c'' $50
yeas mt then supposed b. the Secretary, that this
leb, of four and half millions 10 be thrown OYER
TO 1S42 He expressly anticipated us pay mrh' ~ iot
He would now pass very briefly 10 other topics.
The honorable Senator complained that u" preS
dent in his message and the Secretary, IN ms report
had made reference the money on GePosite wlh The
States and called with earnestncss, 10 know whether
The President or the Secretary, had recommended the
Withdrawal Of that money, or any part 81 H. lie
MIR Wrrhu found no such recommendation, and
was no necessity for il: the revenue Of the year
I.4l was expected to be equal to the expenditures
of 1911, including the redemption Of tour and a
half millions Of Treasury notes. The deposite VIII
the States was referred to as an ITEM OF property
heonninp 10 Tins Government, but was not mentioned
~ IN IN. mower of the Secretary Of the Treasury, oil
The President II was the hands al Congress, an &C
emulation of former wears, when taxation was heavier
than al the present time, and was referred 70 70 SHOW
that there to- increased taxation upon me
people that the Government as snch was possessed Of
means discharge every existing Liability, and 10 pre-
sent balance OF some sc rentcen or eighteen millions
for the future disposition of the National Legislature
This certainly could be noust cause OF complaint
The President and the Secretary had been IN the eXer
else of most responsible trusts. They were about 10
surrender them To Others who would seem more direct
" to represent the public will and choice 1t was their
duty TO present true and full account OF the public
property and the public interests they supposed them
TO exist and surely reference TO an interest Of some
twenty eight millions of safely invested money could
n OF be considered singular or censurabe
The honorable Senator had seen fit further TO complain
that the President had not recommended modification
Of the Tariff and an increase Of taxation Why should
he have done 80: The calculations and representa-.
tons Of the responsible officer charged with tina, duty,
showed that not required for the con
templated service OF the coming year. Why then
should the President have recommended measures for
increase OF revenue.
lfthere had been Just anticipation Of deficiency
Of means TO meet the wants of the Treasury, would
have been incumbent upon him, a, it would upon the
Secretary, to have pointed out the mode, and recon-
mended the measures 10 supply that deficiency Such
did not appear 10 be their antcpations, and their COM
munications to Congress had been made 10 conform 10
their of their public duties. 1t might have been
very uncharitable in him. but when the Senator was IN
dulging in his remarks upon this ront, he could not
but feel that the gentleman impressed with the ex
ceedingly difficult question, the many knotty points,
which the adjustment Of the tariffs likely to present 70
the coming Administrators and that II was the mani
fes, interest Of now dominant party the country
that poor defeated Mr. Van Buren, should come IN and
make an effort settle j, in advance II could not fai
to be seen that portions Of that triumphant party would
complain of any thing which any man could recon-
mend upon this subject, and the Senator might kindly
suppose that complaints could not now harm the IRE
sident.
So far from recprocatins these feelings, Mr.. w re
oiccd that had not been found necessary for the pre-
sc Mt President 10 touch this vcxed question. And he
could not be mistaken IN supposlng that would have
been lndecorous in him. after the tremendous defeat he
had experienced at the late elections 10 have reached
after disputed topics with view TO their final and per
nan.nt adjustment b. himselSor his friends lie was
taking leave Of his responsible position and Mr. w
oiccd believe he dong, what he believed II was
alone proper for him t. do, confning hmsel. strictly
to the discharge of those duties winch his short remain
ing official required at his hand In reference 10
the adjustment Of the thrift he had done he should
have done-he had left the whole matter 10 those who
are TO after him. and who should be- they clam TO
be- the immediate aud acceptable representatives
Of the popular will, and he (alr. W. did not speak
un,ruly when he said his most ardent wish tha,
they might be able adjust that difficult question hap
PLY for the country, and satisfactorily TO every interest
involved
4 single word more, and he would close. Tie ho-
norablr Senator concluded with remark which mani.
Tested disposition 10 say that the friends Of this Adn
nisraton were 10 be made, responsible for the
necessity Of an extra session Of Congress, If Conrcn
ton Of the Congress should be ordered By the
President. Now he (AIr Wright was one of those
who should do every thing his power to obviae any
such necessity; and 10 accomplish that object with the
greatest certainty, lie should his utmost endeavors
keep the appropriations ofths session within the
ticpated means of the year ISL lie believed the es
Inmates supplied all the necessary wants and he intend
ed to adhere TO them strictly. Having done SO, be
should cheerfuy leave il 10 those who have been placed
in power By triumphant expression Of the popular
VOICE 10 call Congress when they pleased, and 10
such measures they pleased.
MIR. Wright having concluded,
Mr. WEBSTER SAID he should detain the Senate but
a short time IN 10 oi the honorable mem
bers remarks, lie had really not the argument
Of Mr. ". yesterday To begin with tie subject Of
Indian treaties. The honorable member had sad that
the fund arising from the sale Of the Chckasaw lands
had all been invested TO within some forty fifty thou
sand dollars Mr.. w. had founded what he had SAID
in relation TO this fund the returns furnished To the
Senate and according 10 that document the balance
uninvesed amounted to 360, 900: but had added that
he had heard that S9D000 had been invested since the
dat Of The returns. Mr.. w. had made complaint OF
the mode which this fund had been invested, far
had been invested and, If the whole Of IT had been
invested, much the better. But in regard to the
and half millions Of the fund belonging 10 the
Winnebagocs and other tribes, and which, according
to the treaty, to be invested for the benefit 81
those tribes, Mr.. W. asked Of the Senate whether
Mr.. Wright had fairly met the force Of the arsumc n,
he had advanced, at 1t had any force 10 be met >
Mr.. w. had not complained Of the treaty, nor had he
charged the Administration with extravaganza or
want Of providence IN entering into it-that was not
the point the point was that this amount constituted
dfbt, for the payment Of which il incumbent on
The Government TO provide, and that, such, ought
to be kept before the view of Congress The honor
able member admitted that debt, but contended
tina, not TO be reckoned portion Of the pub
lie national debt. If by this, the honorable member
say that this amount formed part Of the debt
arising from borrowed money, PROFESSIONALLY he was
right; but s it national debt; the nation owed this
money; and il entered necessarily, important
item or element into statement of the financial cond.
ton IF he The honorable member had