Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-08-27
| TwENry-sEYENr CoNGI.Ess--lst Session.
SPEECH ar Mn. Il. NJ. I. HUNTER, or VIHcisiA.
On the Lean Bill Deferred in the House Of
LII

SPEECH or Mn. r. NJ. T. HUNTER, or VIRGINIA.
On The Lean Bill Deferred in the House Of
Representatives,, Juiy 10, leil.
MIR. Chairman: should not have said word upon
this bill, bu. fur the direction which the distinguished
gentleman from Pennsylvan (NIr. Sergeanp has
gwen to the debate. But as il seems that The opposi
ton to this measure is TO be arragned before the
country rs dis!nyal 10 the Constitution and the Union,
IL oehooves me to say something i'll yindcailon OF the
vote which shall rive
regret the order in which the Chairman of the
ways and Means has been pleased TO take up his
snres, as ms arrangement of business has served to
crease somewhat the difficulties in the way Ola far
consideration oil Tins bill. II to that the new
tar'ti recommended by the Secretary Of the Treasury,
and now IN the course of preparation understand,
by the Committee Of Ways and Means should have
been first presented. We ought 10 have considered
how lar we were willing TO impose additional burdens
upon the people, before had created deficiency IN
our revenues by wasting tho great inheri,anca OF the
public lands, whose proceeds have agreed scat.
ter 10 the four winds oiheaven under the distribution
act which we have lately passed. But especially
ought to have determined the mode and measure
of this tax before took mp the proposition To
borrow, upon tie former question would depend not
only the necessary 10 he borrowed hut the time
for which the loan is Ia be made should such
he deemed Indispensable For one, Sir, am far from
believing in the existence ofany such memorable
silly On the contrary, am OF opinion that the means
provided and the appropriations made at The last regu
under u wise ana economical administration OF the
finances. Nor do believe that any thing like ST.
900 900 will be required, IN addition TO the present re
sources enable The Secretary 10 expend all that II
possible Tor him disoursr, upon the scale oil h
own extravagant demands. II tins he a true view o.
the case, may fairly vote against this bull as not JUS
titled By the real wants of the country and as an ntne
ccssarv burden to be imposed upon tie people. But
Sir have yet higher grounds OF objection To the hea
sure when view as convenient and, PeFhais' ne
cessary part OF 4 system which, when once ceinehlfH
and secured will my opinion, amount 10 rey"lu'
ton itself the spirit o.. our political institutions ANA
although the gentleman fran Pennsylvania may init
nate that this opposition proceeds from disloyaty "
the Constitution and the Union, will endsavor pre-
sently demonstrate that IT his SYSTEM and not the
opposition to il, which is calculated To destroy bo,h.
But Mr.. Chairman, is ii true that Congress, at It's
last ssion had provided for all OF the just wants Of
the public and Of the Treasury, under wise
and economical administration 81 Tie inances y Diei
reference to the past will show.
/, has been declared, without contradictions be-
evc from any qnarc.D that, under The administration
oil ali former Secretaries Will: the exception al single
wear the annual expenditures had been confined with
IN the sum Of the annual and permanent appropriations
This rule which would to he founded upon Just
respect for the opinions OF those who make the appfo
prianns from year 10 year, and who ho!d Inc power
Of originating taxes ~ perhaps, as much eht'leu 70
the observance Of the present Secretary as y WAS U"
that OF his predecessors Tor myself, ain the more
inclined 10 INSIST upon It's Application, - nha
that according 10 iir. Ewing own statement, "
would ALLOW him an expenditure o. nearly S2o,ooo,'
OQD exclusive Of the Post Oicc aud OF the redemp.
ton Of Treasury uoes-an expenditure SUFFICIENT
under any view OF circumstances, and even 100
arre upon 4 comparison Of the real necessity OF the
p,hic service with the present exhausted cohalion "
the Treasury Throwing out OF Reconsideration Tie oss
Office establishment, (Which, hereafter shall not con
sider on either side Of the account) the entre charges
/ fIa Dpr
tons exclusive OF the redemption OF treasury no.es,
are according the Sccrctary's oatcinent' Si''i'-
Uni This believe, is somewhat larger .ian Tue
real amount but prefer 10 adopt ms own statements
c,crp, in The particulars of which, upon ther race,
they nre erronrous Add To this amount Tor me re-
dempt,on Of Treasury notes, not the So,Zo]o'l as
estimated by the Secretary, but Si,i'5,--" ana '"c
entire charges for the year ISL are $500. :
The difference between the amount OF ileasu'!
notes 10 be redeemed, stated By the SECRETARY
and myself consists only IL The item OF Si,iV'
oil issued during the first twn months oi inc
wear. under the act Of lclO, when pear an Ia'e,
rest of six per centum for year rom tae a1I )"
their ISSUE and more likely IL be presented III
,ovment than the S5,G0GGu0 issued under Tue act VI
ISL And here let correct an error OF lhe genie
man from Massachusetts, Mr.. Saitonsiail) VINO sup
nosed that they ceased to bear interest during te pre-
sent year. and therefore argued that they would prooa
by be- returned The Treasury notes issued unuet .''
act of 1910 bear interest for year from the daie
/ their and lnDSe WHICH "eiC 's'"Ss
present year, under that act, carry interest accoas
10 liz provisions There be no reason, therefore
why capitalists who invest so greediiy IN tiess seea
,;a: shonld return the issues made under The act 0
lslO during tue present year, whicl ""uiu DO 80,
Apply To the under the act "t i7i.' e'ia ue "
Secretary himself does not expect 10 redeem.
Lot rs now see wha, val be The probable mea1s o
H., rc,- ~ estimated hy the Secretary OF Tue iie@
,nrv The resources Treasury notes u"Grf ls o o.s
If 80 and l-il were, Tor the present year.
The means of other kinds, as estIih.'s 80, ~ -"
r.nort Of the Secretary, .:is Do'GJl aho suose
,en, reuort from the Secretary 10 the Senae ack"o"
Isdaes mistake of SGl9,l3G, which ne haa ia'!ea -
enter as receipt upon BOND 81 tue D"n ,o :" ~
limited States Then these sums give US
Herr again. there is probably MISTAKE III aue -
enter the item Of money IN 'he MN, 40 !. r"' ~
the outstanding balance on the Isl Oh January 80
Rat prefer as sad before, to take me oec'el',
own statement and make no i'iest'ph up" a
point II is sufficient for me liiai, upon 40 '" -
mont The difference between the lar charges an"
ceipts for ISL will probably amount 10
- ta,or of Nm, latter. And this surplus would accrue
,non The suoposi,ion that the Secretary - 10 sho"
M disuosion 10 relieve his department hy te,'ene"
meut in expenditures, or by an elhceD' ,'iPe M,
Of his means, as TO make the MOST - f cal
calculation supposes no reform IN 'ie eApe" i, n
/ oc,;n, The revenue: il demands no particular sN
r,n Tho head of the Treasury Department ~ Tue
,d,,,o,,o1 of his means 10 the ends sought III tux ~
,a,,ons Other Secretaries might oe eXPecleu
EXHIBIT the high ambition OF slowing not %'s If 10" The
oncb but with how luc money NE waits - ~
,'' '%,'n snrr;cr mioht be satisfied. The people ma!
puv' expected, perhaps in the present emergency
that he would have drawn lfsn 'S for which
na uas doub,less called to his present fcsPohs'o'
devise the n,s Of sn.tyv IA The use
,s ,,oane WINCH they provided. But tor Myself s'r
'e eny ya ask him be with the same rule" Hes
the same scale of expenditure which, uhuet .ns p
semi circumsa noes, would have governed .'s aa
not satisfied, any and all of his predecessors pu.
Mr. chasm1n he ss sfsFf rn: nj lie %
GOMEZ. far m expenditure of So 1851 more thai
the The sum of the annual and permanent appropriation
which both reason and usage point ont as the a'n"G
nroper to he expended. The last Congress W., W.
knowledge of the usage which governed ' ,h sn
sury Department and with full ii. v ws.. Of Of the pun
800 ne concentrations and provided tn
! nnn,ns Those ,neans think have shown were 81
6cient for the usual and reasonable measure " Wb'
dure under the existing acts of appropriation "" -.
,ben. should we now be called upon 10 iay NJ" So,