Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-08-27
No. as.--YOLUME XXXVIII.


Sir, without minute examination Of the extent 81
the means Of transfer 1t enough for that both the
report and the estimates have failed TO me
that these new appropriations necessary. por-
lion Of the $780, GO asked for the Florida ought,
perhaps, to be appropriately but if II were, the surplus
of 81 ,JJ6, 500 would much more than any
cessary demand for this purpose. But the gentleman
roml Massachusetts, (Nir SaltonstalD seems to think
that onght To take the fact OF the demand o. the
Secretary Of the Treasury evidence Of lis necessity,
sasmuch he must be better acquainted with the
wants Of the public service Than can be. SIR, |
take issue with that gentleman, and MAINTAIN that the
very fact that the Secretary ought 10 be convcrsant
With these details, with which cannot be minu;cly
acquainted, leads To the reverse concluslontlat We
cnght to demand the for The requlslton before
we make the appropriation, otherwise shodld lose
the power OF originating money bills, with which THIS
House is particularly invested by the Constitution,
der the plea Of ignorance 10 the best mode ot using
H. and have no other measure Of the grant than that
Of the demands of the Treasury If the Secretary pro-
poses unusual amount o! expenditure, we have 1
right TO demand his for it, Ii be given,
and there be none within own knowledge we are
not only justified in refusing the extra means, but We
are bound 10 limit his supplies 10 necessary and useful
Objects # this be the only legal mode BY which We can
! restrain him.
Confidence, Mr.. Chairman, is said to be plant Of
slow growth and why should thcs bestow mine upon
Mr. Secretary Ewing in advance Ct any Tor u?
Shall lind my warrant for II in his proposition to ex-
pend more than the Of the annual and permanent
|
my Justification in his request that we borrow $1,000,
600 10 lie idle i'll the Treasury surplus Or shall
find IL in his series OF ndations for The
Of more than S30000,000 in U. 5. stock? Whilst,
the one hand, he recommends new tax of 20 per
cent. upon nearly all Of the free understanding
he supposes about S57 900 900, he proposes,
the other To distribute the proceeds Of the public lands
aud tho inheritance which it was his duty %
have guarded and preserved Are these the evidences
Of his economy and wisdom, which are to induce 70
trt,.t H. m fins blndiy with the these
travlgant expenditures am ] TO seek them IN that
magncenca 81 conception, and contempt Of small
matters, which were eyempied in his failure to credit
the revenue with more than six hundred thousand dol
lars, az item too dlmnutivc to attract his sublime
regards; Mr. Chairnan he may thus have won the
confidence of other gentlemen; but he must use other
means If he wins mine ! cannot, and VIII not, vote
the Tor this extraordinary expenditure, unless
he his friends give me some reason to Justify H.
But am told If the Secretary were TO conhne hlm-
self within the rule which his predecessors have adopt
ed, that there would still he amount OF Treasury
notes outstanding At The close Of the year. rue,
Sir there would be, upon this snpposton, nearly
81 900 900 then outstanding But they would not he
presented for payment until they ceased 10 bear II
eres, and if Government had the means, II pToDa-
BIZ would not have the opportunity TO redeem them,
excep: in small parcels until the close OF me year
There w BE- ample time at the next regular SESSION
to provide Tor their redemption. Nhh increased eco
nouy IN the public expenditures, which has been pro
missed and ought be used, the present sources
of revenue with the power to reissue 10 small extent
would furnish the means OF redemption wi,h,h year
or two at the arthest Or if the scale oi e5pend
ure 10 be continued the taxes winch may be aid
wien the tariff up Tor rcadjustnent VIZ ehhois
lie iegartncnt redeem them as fast as they "l Dc
presented. Or If loan be the avorlie mode, There WIZ
b. l;:nc enough next winter TO borrow the money as
soon as it viii be wanted. But the gentleman ffcin
Massachusetts (slr. Cnshing) seemed 10 think that u
he could prove Treasury notes to be evidences OF debt
he mad then demonstrated tia: this bill presented only
question to the particular iorm OF security by "h'ch
tla, debt is to be evidenced. SIR admit that these
Treasury notes are evidences Of debt; and yet am
far from asserting 10 the other conclusion admit
That, even in ny view Of the case the Treasury notes
will present evidences OF debt outstanding hut not d.
Of the end Of the year, to the amount oil nearly - uoo
GEO. The Treasury note was selected, not ohiy t'
lin. cheapest aud most convenient :orm OF securl'y
upon which We could raise the money, but because nn
der liza, form the public debt might he gradually paiG
as they were presented, the process Of collecting
the revenue If, then, We have secured the DEBT ~
= manner agreeable 10 the public creditor aud con
yenicnt Ia ourselves, why should We 10" porFTo"
money-.ot to pay, but to change The d.bt before
| il i due Why borrow $l2,00O,00o If S1,0Oo,-
300 be all that should ultimately owe: ANA Why
# we determine even change the form Of the dent,
raise the money before the Government can i'a's
the oppnrunity 10 redeem these notes, even II had
the means; These notes will not be presented until
,hey cease TO bear interest; aud the Treasury "ouia
I probably have chance 10 redeem thcn, eSceP, N
email parcels until towards the close Of lhe year ~.
i /, !, question MS to the form IN winch we sha!l
epcurc ihe debit Does the power 10 reissue 'o0o,-
900 ia these Treasury notes endure through Inc year.
and ~ there any proposition 10 take u a"ay oniesS
the Sl2 900 900 IS borrowed on the su?poson that
mar, If il will he wanted TO supply the place oil the
Treasury notes which s,l come in during The year, y
Is naked proposition to raise money upon loan, under
pre,nce Of paving debt year before il will be PEE
senied ar can be discharged If this bill pass, SIR
w,ll with TIE existing llws give the Secretary the
/ -
the bill, and S3001Co0 under the Treasury note ace
Of lsIl II Is therefore, no question ns 10 the FORM Of
security for The debt, but simple proposition 10 m
crease the power to borrow,
! Bat, alr Chairman, shall We require tins loan Q.
sl2 Qua. 600 even if We permit the Secretary 10 eA-
ne nd all that asks except much as we can demon
stra,e either cannot ought not TO be expended
lie proposes an expenditure Of $3l 70S,4o2 from thus
deduct the means of year, S25,iso, ll9, and We
5! have n balance of G,2l9,}S3 But this balance IN
cuJes The new appropriations asked by The War De-
partment. which amount 10 s2,52l 1886. aE not yet
satisfied that any portion of these appropriations VII
b., necessary but If We allow the item OF $50
637 for the suppression of Indian hostlliies, the resi-
due which is asked for tort'iiea,ons, old aud new 10!
armamerts and for surveys OF roads, surely cannot
be lust nand upon the Treasury in lis present state
and at the present session, called 10" extraordinary
/ purposes Drduc,Ing these items, "hich amount -
| 81 6l5 49S from the above balance OF So,>i',ooo,
and i i reduced 10 i 80, $50 This balance IS again
Sh;oc, n = reduction Of Sl,ll00D0 for the redemp
! lion Of Treasury notes, before stated and We
have left S34l3,535. TO this add $lOOoooO for sur
plus means in the Treasury, and ~e have i,4i3,-
as the maximum which, which under any reasonable
view az il seems 10 me, ought 10 be borrowed Bot,
SIR, may it no; depend upon the further action Of Is
House whether lean, even for this amount, WI NC
necessary: The Secretary recommends ana the "i'l'
rlty ave been swift heretofore to follow me- fesoe"
laion that we should lay duty Of 20 per cent g2"n
nearly all ofte articles no" Imported fee Q,
tax, he supposcs viii add to the OF Inc present
wear 81 o5I 3cs-a sum Ian sufficient TO coves
i The MAXIMUM deficiency have Just iound It
Should this tax be lad how STA We Justify oa r
IN making loan Of Sl2,OooOoo, lrreteomabe Tor ten
Years wnen even tina, amount d! debt could be extn-
rushed By the means thus furnished within two gears
,nd without a resort to the pubic lands
Under general view, then, Of the liabilities and re-
.,nrces Of the Government, cannot see pTetext or
Lorroyino a cent at this tame, without the pro
posed ,axation and especially with IT, unless it be thai
the Secretary has crowded most ii the expenditures
within one quarter Of the year This, Sir, is matte
os od,nn;srato and IL is manifest that Secretary