Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1841-12-21

gum had moved the printing of the
usual number of copies ofthe message
and accompanying documents, Mr..
Benton ros and made few remarks,
expressive Of his opinion upon the fis-
cal project proposed in The message.
lie could not, he sad, suffer it TO go
ior b to the public, without declaring
that, IN both of its essential features,
this project was hagrantly unconstitu-
tIonal and eminGntIY dangerous. 1t
proposed TO issue governments paper
money, and TO authorize the govern
ment to deal in exchanges. These
were new ideas, Gen. Hamilton never
countenanced either ofthem. Hamilton
was for Bank paper, but opposed to
government papers. The idea of ex-
chequer bills originated with Sir Rob-
ert Wa'p bic, and it had been pursued
since, until by its means, the public
debt of England bad been increased
from twenty one millions to nine humid
dred millions. The other idea of the
necessity of facilitating exchanges for
the benefit Of merchants, was invented
by NICHOLAS BIDDLE as an arrange
ment in favor of keeping up National
Bank. Mr.. BENTON commended that
the trainers of the Constitution denied
to the Federal Government the power
to emit bills Of credit-that is, paper
money-for the reason that thay inten-
ded it 10 be hard money government
and this project Of the message would
render it paper money government.
In the house, the message was also
read and Mr.. WISE moved the printing
of the usual number. 1t so happened
that the pamphlet copies Of the message
printed at the Glo6c office to supply
the orders of the loco members,
contained an advertisement of the con-
gressional Globe had previously pub
llshed 4 notice Of their intention thus
10 advertise their extra. Some Of these
pamphlet were distributed in the house
by the pages, for the members to use
IN following the clerk while he read the
message, Mr.. SAMSON Mason, of Ohio
rose aud asked Mr.. WISE whether tho
Globe advertiment was communicated
to the house bya the President, and
whethe: he, Mr. 1IAsoN, said it was
akin 10 tie ether strange things done by
the President. Iir. WISE retorted
Indignantly to the sarcasm, and remark
ed that Ills representation OF thesgov-
eminent was OF the same character and
entitled to the same notice with the
other attacks made on the President by
| Mr.MAsoN and his friends. The motion
to print vas passed without any Other
comment.
The mo,ion Of Mr.WM. Cosr JOHN
SON, TO adopt the rules be adopted
was taken up
Mr.. FILLMORE said if this motion
prevailed the report on the rules would
not be taken up this session, and no
alterations would be made in the rules,
though they required sheraton. He
suggested the propriety of fixing a day
for taking up that report. Mr.. JOHN
son assented and next Thursday was
, accordingly fixed. The modified reso-
luton passed by only Two majority
S the southern members voting III the
/, | affirmative
J Il is said that Mr.. BENroN,s speech,
to-day, was intended TO warn the loco
/ ioco party against going fer Mr.. TY-
; LER,s Exchequer-but there was hard
, y need of that. The Globe follows up
: the attack and points to the ruinous
} consequences attending the use of pa
per money by goverhments-its unva-
rying tendency TO run into dangerous
extremes, &c.