The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1841-06-15

For the Districi oi Columbia-Messrs. Mrrrlck
Clayton, ing, MnnRum and Young
On POtenis--Messrs. FIehtssy Tortcr' S'"' Ss'"
Tappnn and tIonderspn. 49,
On Public Buildings Messrs. Barrow rui'''
and Kerr. .,,,.
On The Contingent Expenses- -Nlessrs. WhHe
rappan and Porter. 49,,
On Engrossed Bills Mcssrs' Mchooe'ls' "''o'
and Nicholson.
The select committee TIC which was referred so
much of the Presidents Message as relates 10 MS
cal agent consists Of Messrs CLAY, Choate, Wright,
Burrien, King, 'ralImndge, Baynrd, Graham and
Huntingdon From such Committee, prompt and
decided action may be expected
II Wi, be noticed that Mr.. John Crisis Calhoun
as The Charleston Courier styles him, has not been
placed on single committee.
In the House the day was wasted in idle and
fri, llous discussion of the 2lst rule rule well and
unlnvoraby known as gross violation of the right
of petition, and supported too the grounds that
il wou:i lead TO waste Of time if it was recinded!
After day spent ia worse than deness, adj. tlI
Monday.
The Report of the Secretary of the Treasury, on
the state of the fnanc es, transmitted on Thurs
day 10 both Houses of Congress. The National
Inteigencer says, that "a eapiiciiy recommends
the ostaJIs hancnt eff Central scaL institution hao
in the leading features ofa national BANK" The
report is SAID by those who heard it, to be much
more perspicuous than those of his 'ilustrious pred
eccssurs and exhibits state Of affairs that is any
thing but flatering TO the late Administration. The
Secretary states that
Balance in Treasury Jan. /, $780, $3563, O83
Receipts in the year 1910, 2S,850'S20
Expenditures same year, 81 SG3, AIS
Balance in Treasury, Jan. /, 1871, 1887 ,345
From the LIST of January, 1887, to the 4th of
March 1S4l, there appears an excess of Expend-
lures the current revenue Of THIRTY ONE
MILLION, THREE HUNDRED AND TEN
THOUSAND DOLLARS.
"rhus to this extent says the Secretary, with
in the last four years the expenditures pushed
beyond the amount Of the revenues. They were
made to absorb the surplus IN the Treasury and the
outstanding debts due the United States; so that
the Treasury was, on the 9TH of March, 1871, ex.
hausted of it's and subject TO heavy and im>
mediate liabilities. IT already burdened by a
deht'incurred in time Of peace, and without adc
quae resources, except the authority granted by
law TO augment the debt"
This is the National Debt we have anticipated
as the Legacy ofyan Burenism. Mr. Ewing calls
it so righ,eouslY. He recommends that il be fund
ed.
kle recommends a U. .. Bank the best fiscal
agent the Treasury had-ihe repeal of the
Sub Treasury-anda Loan TO the amount Of money
wanted, having eight years to nm.
Tie also advises tax of2O per cont. ad vaorem
on foreign articles now free having a duty less
than 90 per cent This would give in 1912 $22,.
SOC, 600 in all from customs, and add to the reve
nue. in the last quarter of this year $5,3O0,0OO.
These details respecting the condition of the fl
nancos of the Nation, and these suggestions and
-ecommer ations of the Secretary, will demand |
he serious and deliberate attentions of the people
They furnish satisfactory replies to the long string
IF inquiries so osteniatiously paraded by Mr. Sena-
or Benton That individual could not wait for the
Jew Administration to give information a, the u
ual time, and in the common form, but must antic.
pate the arrival even of the regular report from
he Treasury department He might with as
much propriety, have offered resolutions on the
rst day ofthe session, calling for information on
be topics uniformly presented in President SHES
age.--.ftlaS
To-,