The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-01-21


bills which We're lying on the Speakers table we're
read the frs and second tie and rsisrss 10 commit
tees viz:
To confirm the survey and locslipn of claim. a.
lands IN the State OF Mississippi east 81 Peah yef
and south of the LIST degree OF north latitude a. the
Committee on Public Lands.
Supplementary 10 an act entitled can act 10 encoa.
rage the introduction and promote the cultivation Of
tropical plants, approved 7h July, 1885 to the Com
mtee on Public Lands.
Mr. MALLORY, of Va, obtained consent 10
move The following resolution which was read and
adopted
Resoired, That the Secretary OF War be directed TO
furnish this House with comparative view Of the
cost OF the Army proper for each individual taking
me aggregate OF the officers professors of the Military
academy cadets and enlisted men in the service Of
the United States for the years 1887 1888 1882 and
1910; for subsistence TO soldiers clothing quarter
masters and medical stores and other articles cmbra
ced under the general character supplies for the Ar
my, not fixed by law; adopting the plan & his re.
port communication to the House oil Representatives
from the Secretary of War Of March 8, 1922.
Mr., REYNOLDS asked leave to submit motion
to change the hour for the daily meeting Of the House
TO eleven o'clock in the forenoon.
Objection was made; when
Mr.. REYNOLDS moved to suspend the rules, but
the motion did not prevail.
THE TREASURY NOTE BILL.
The House, then, in further execution of the spe-
ciaI order resolved itself in Committee Of the Whole
the state of the Union the bill authorize the
issue of an additional amount of five millions OF Trea
sury notes Mr. ADAMS called TO the chair.
Mr.. ADAMS asked to be excused from taking the
chair Of the committee because he expected to lie
der the necessity of leaving the Hall in the Of
the day on business
Mr.. Casey was then called 10 preside in the chair Of
Mr.. BARNARD resumed his argument of yester-
day. and continued address the committee until half
past one o'clock.
In concluding his review of the annual report of the
Secretary OF the Treasury and of the estimates which
accompanied it, Mr. b. read from written document
his conjecture to what would be the state Of the
Treasury during the year 1871. He ought not per
haps he said to place any great confidence in i, nor
to ask others TO do But this he bold to say,
that il much TO be relied upon the estimates
of the Secretary of the Treasury and looking to the
data which he Mr. b had laid before the committee
in the course OF his argument more to be relied upon
He had indeed to go partly onconjecture, because he
could not always set materials but still he had some
ground to 60 upon. He began his estimates as he
thought the Secretary ofthe Treasury should have be-
gun MS, with large balance against the Treasury, in
stead of balance in favor of it. IL the Secretary of
the Treasury was willing TO abide by his estimates
he Mr. } was willing to abide by his own Time
would show which OF the two correct. He be-
leved was clearly susceptible Of demonstration that,
we were to rely current revenue alone (without
any further issue of Treasury notes than here prol-
Woulu, NJ tHe OF year, DC ue1lct
of seven millions and a half or more.
He commended that the Administration was bound
to make provision well for present exigencies for
future deficit that nigh arise. And this CON
struction of duty OF the Government was founded
his proposition, first TO borrow ten millions OF dollars
(Which must be realized Immediately > and secondly,
provide this session for additional duties on imports
He believed that if both these things were not done il
would inevitably become necessary to call Congress
together in the summer or fall He believed that that
hau (r,nt ~,
sue of Treasury notes) that the President would
feel himself bound TO yield to it, He (Mr. b. knew
not what the views of other gentlemen might be- but
for his part, he desired that the Inconvenience
and expense attending extra session (if any was
called) should rest where ought alone to rest on
this Administration and the friends OF this Admins
tration
Mr.. b. closed his remarks (of the whole of which a
report is IN course of preparatory by modifying his
motion of yesterday to strike out the enacting
clause of the bill-giving notice that if the motion
prevailed and report to that effect should be made
the House, he would then offer the following resolu
ton
Resolred, That the Committee Of the Whole on the
state of the Union be discharged from the further
sderation of the bill in relation to Treasury notes.
and that the subject of making provision for the
of the Treasury be referred back the Committee of
Ways and Means, with Instructions
First. To bring in bill authorizing the Secretary
of the Treasury to borrow ten millions of dollars
the credit of the Government and to issue bonds
scrip therefor.
Second 10 bring in bill imposing duties for addi-
ona revenue or wines, silks linens specs, and other
articles being luxuries imported into the United
States but in such to conflict with the
principles, policy, and spirit of the act Of March 1888
commonly called ''thc Compromise Act"
Mr. EVANS obtained the floor. He felt called
upon he said, as member Of the Committee of
Ways and Means, to make few remarks in reply TO
what had fallen yesterday from the gentleman from
Virginia MIR. Jones,) who had introduced the sub
ject yesterday
The immediate motion OF the gentleman from New
York Mr.. Barnard) was 10 strike out the enacting
clause of the bill, with view to to other
mode Of supplying the wants Of the Treasury. To
that motion he MIR. Ed could not give his assent
The necessity or proprety OF passing this bill rested
on the present exgencics of the Treasury, and the
gentleman from New York had demonstrated more CO.
gently than the chairman of the committee of Ways
and Means Mr.. Jones) had done, that there a
great necessity for this money and that in fact the
means now al the command of the Secretary OF the
Treasury were much less than the chairman Of
the Committee Of Ways and M ans had himself sup.
posed.
The plan proposed by the gentleman from New
York MIR. Barnard) to relieve the Treasury did not
meet the exigency of the case; on the gentleman s
showing, il did not meet it because he had shown
that the available at the command of the Secrc
ary of the treasury were not SO much as the Secre-
ary admitted them TO be- II that So it surely de-
monstrated the necessity of immediate relief
which the Secretary could place his hand within few
days and that relief could not be afforded by adopting
the plan proposed by the gentleman from New York.
Mir BARNARD explained. eapprehended that
the gentleman from Maine Mr.. Evans) was not pre-
cisey aware Of the provision he proposed lis, MT
B.'s, proposition in relation to borrowing money did
not declare that the mode OF borrowing should be
fined to scrip. Il might be borrowed upon bond, and
he supposed that there could be no difficulty at any
moment in the Government borrowing money IN the
markets Of this country, whenever 1t might be neces
saTy.
Mr. EVANS said there could be no doubt that the
Government could borrow the money. But were
loans to be contracted for 7 Notice must be given
written proposals must be received and in his judy
ment there was no other probability that the relief