Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1841-01-12
Correspondence or,hr Ne. York Amsn,,

Correspondence Of thr New lork Ameut
WASHINGTON, Dec. es, Isl
An early dcvcopCment 10 day Of one
things kept out oi sight in the Nossaft
Treasury budget Tie necessity OF ca
Tor an appropriation or pensions could nj
DELAYED So on the basis of q letter off
l. 1910, week before the meeting ofl,
gress from the Secretary of the Nary
hevc Tor Of tho Treasury no matter wnl
To- the president, the latter gentleman soul
special message, calllng for $4,000 anis
wards for pensions case whicu,it scemS.nr
and should have been recognised ~ the 'lfu
ury Report and Message. Moreover, It TIA.
pitcs IN the discussion OF the subject, that
1897, there was IN existence fund fslH
GOO, the interest OF which was more thans
fcient TO meet the demands of the pens
system previous TO that time, back TO Is
when the provision was made. But the
Grafton of the new law of March 3, 1887
perhCr with losses on State and other stoc
! had far nnnih,lated this fund. that q.
$4,000 Of available funds can now be iou
with Sl0s 900 ofa nominal stock somcwh,
| in the West, If Cincinnati he IN that quarter
Here. then, in a single item, is Sl,30oM
more or loss, of a debit account ngalrs,
United States, nor brought forward IN the
port of the Secretary of the Treasury. "
sacred fund having been used up, it ~
exists in the form of debt. There is ofCorp
no opposition to- this bill, but the mallca
Wings are 100 ready TO torment their ner
bors on such occasions Mr.. Adams N
down with great force upon those who -
rated so much upon himself last SESSION.
what he calls "the screw otthe previous qga
Iuon," still wrthing apparently, under inas
ony. Mr. A. never turgets any thing-not be
aud his acquisitions are rare. lie ANALYSED
this business without gloves, and incidentahI
brought forth some curious matters. Amuni
the rest, the fact Of 100000 Imint drops
British Cold-Smlthsonia legacy, ! connect.
ure which had been received at the Mint
having heen ordered, five days thereafter, v
Arkansas, to make a bank, by virtue of lean
granted the President U, $. the last day of,
session of Congress, in tail tackled on ioi
bill which must pass, TO loan certain mongi
To the States. II was sent TO Arkansas, "
Mr.. Adams suggested, on the epe of an ei.ciia
So that British gold" rs would seem-hic.
ally, British gold, fresh come-has been use
by other than Wings to help on election. D,
sides, not only this transaction, but all thos
of Government dealing in State stocks, an
together systematic mode of"assuring Sna
debts"--a policy originating with this AdmIr-
istra,lon, and peculiar TO it On the prlnci-
Pile of this loan to Arkansas, tie State OF View
York would be entitled to $50, 000, 000 Penn
10 Sl1 900 900, and so on, Till all the STATE
debts are assumed! The Administration hss
sanctioned what is 10 Mortified to think Of
y. They have done il, too, 10 make Bank-he
horrors of all horrors &c. &c. Thus w.
Adams deals with adversaries. Mr.. A. a'crs
that the Government has no authority to trade
) in State Stocks game in which they haze
sunk vast sums Of the public money by buying
at premium, and selling at discount. 10
gave some very striking instances, shown;
that to profit by il, they must needs "cary OF
large stroke of business" as the woman did
who bought her eggs at three pence and soil
them AT tgO On the whole, money has ran
' ished, under this relrenching dynasty, like tn
S dew before the sun. Mr.. A. gave some prell
D strong hints, that all the matters will be II
, CURED into, if not this session, the next Coz
/ gress. Now that he was out Of order, he vi
n permitted 10 go on. Not so last session. wh.
j. he was in order Therefore, he avaled hin
= self Of the present grace, to cause ceria
G things to be read, which were then refeue
J. II was remarkable tina, he could no, get at 1
doings of last session. Was it the prin,e
Y fault Or whosei Mr. A is rather cruel.
c persecutes them with searching blast.
Mr.. Wise had his turn, too; but happent
o his time, to he somewhat open TO correcli
by Mr.. Thomas, of Maryland, Chairman of
II Committee on Pensions. 1t was satisfacto
d ~ shown, that in this affair, the fault was
J. Congress, not in the head of the Navy Depa
- meni Congress had passed an inconsiC
rate law in 1897 and such were the resu
of lis administration. Mr.. Adams nlimal
C that the law was forced through by the pl
: vious question, and might have been arrest
c in open and fair debate Moreover, it is o.
J. dent, that all these matters were kno,cn TO ,
II authors Of the Message aud Of the Treasc
d" budget Why, Then, conceat