Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1841-10-12

Read the following from the money
article of the New York Herald. II
"Tbe veto Of the Bank bill will proba-
IDLY reach here tonight The land bill
has become a law, authorizing the dis
lribuiion Of the proceeds OF the public !
lands among the States. Almost on the
same day in which this bill was peTlec.
ted, its originator, Mr. CLAY, made long
speech. giving parade of figures show
ling that the revenue of the current year
! is deficient Si6,O00,000 and, announcing
that the first thing to be done at tho
next session, is to create a new loan IN
addition TO the 10000 already granted.
The boldness of his position, and the
elfron,ery with which it is urged, are
such as TO make the industrious citizens
of the United States pause and reflect on
the precipco on which they stand, with
such men at the head of the dominant.
party. When the present party came in,
TO power, the low stale of the Treasury
was urged as a reason for calling an extra
session Of Congress. With this plea up
on their lips, what has been their ac-
tions? Up to this time, nothing has been
done but to increase extravaganza, and
to contract debts. The following is a
summary Of the money spent and appro.
prated by session called expressly to
devise means to pay debts alleged to
have existed:
Money bills passed at the Ertra Session.
Pay and mileage of members of
|, Congress S39l Al
Home Squadron 760,3lO
Navy pensioners and half pay 1866
, Ordnance aud ordnance stores 600,O0C
:, = Forifcalions, &c. 2,l49, ,63s
4 Post Office Department 4O1G5t
Total appropriations S4,637, ,741
!, Loan Bill l2,000'O0(
- Authorized for q Bank l4,000,00t
q Land gratuty to the States $500, ,O0t
~ Total expended $34, 1875
:, CATER this amount Of money has beer
spent and borrowed as far as Congress
I" is concerned, and under tine immediate
ID influence of Mr.. Clay, and Congress ha
-, ~ been in session three months and on
NJ week, the ostensible object for whic
- the session is called is brought forward
~ viz: the Revenue bill This imposes a
enormous tax upon the necessaries I
n life heretofore fee; and in justifcatio
Of % of this ak, Mr.. Clay makes a spoec
y. in which he Undertakes to show that II
= tax cannot be dispensed with, bocau:
w. the revenue is short $l6,000,000. Aftt
" !. bringing forward bill after bill, and votin
~ ~ away 3l,0O0,000, he notifies COngres
- that new loan must be had as soon a
~ ~ the next session meets, as follows:
,r But over this was a gloomy acco TN
NJ Of the actual condition OF the Treasury
or and he felt confident that it would b.
n indi5pensably necessary TO supply th'
deficit in the revenue Of the country By
Dt another loan, shortly after their meeting
ID at the next session.
,t "I'his plainly tells tho public that Ihc
c. clause of Mr.. Berren, making the lant
70 bill imperative whenever the Treasur,
j. requires a greater revenue than ho com
ID promise tariff act will yield, is a hum
q. bug: that its only operation will cause
" rapid increase in the national debt, tht
Of great nuClues of aristocracy which ha
long been the hobby with the dOmnan
of party"
u And yet is under such circumstan
er COS, these wise Wings have attempted tt
gr strike off from tho available resources o.
n the Government the entire proceeds o
| the public lands 1t is rumored, that one
N of the Senators declared, on the striking
" out of lea and coffee, from the revenue
IS bill, that he wished he had his vote bacI
Tx on the distribution bill. Quere.-CoulC
!. ho not move to bring in tho bill to re-
r. peal it? We hope the next Legislature
% will instruct him to do so. -EictmonC
to Enquirer.