Sunbury American and Shamokin journal. [volume] (Sunbury, Northumberland Co., Pa.) 1840-1848, 1841-07-24
From the Baltimore american.
Twenty-Scyenth Congress.
WAsHINeToS, July 10, lS4l
ItNI1'I,n STATES SENATE.

Mr.. CALHOUN gave his reasons for voting a.
gainst this Bill. He began with the defence Of the
principle of Withholding the supplies, whenever full
explanation of the necessity and Of the objects
not furnished. He contcnded that in this instance
there had not been that sufficient explanation. Had
The same spirit animated the present Secretary
which animated the last, there ought not now to
have been deficit of one cent. The grant Of five
Millions of Treasury notes at the close of the last
congress ought to have been adequate to the demands
If the Treasury. There is difference between
mc of war and time of peace, and if II he moral
" nearly actual treason TO withhold supplies in time
IF war; il connot be denied that there has always
'xfStel strong repugnance in time of peace TO give
my vote tending to embariass the fiscal condition
If the government.
Mr.. Calhoun calculated that five millions were
uilicient to cover the deficit of the year, and to
cave sufficient sum in the Treasury a reserve.
4 great part of the money now demanded would
aot be required until the year, and there could
be no great for urging this loan until the
linary session, when there would be no time
or deliberation.
Mr.. WOODBURY. said he objected to the form of
he bill, prefening as he did, the Treasury Note
ystem but he would not have voted against this
ill had tina, been his only objection. But exclu-
i've ofthe loss to th' people in the way of COM
nerce, there would be an actual loss 10 the public
# million and half Of dollars from the change
# mode. The new mode would throw the loan
ntirely into the hands of bankers aud capitalists
While the Treasury Notes served the purposes of
emiltance in the operations Of all commercial men.
Mr.. CLAY looked at the course of gentlemen as
sort Of eulogy on departed friend, and he was
therefore, not disposed TO attempt the strain of mel
nchoy which pervadcd the tone of their remarks.
Ne had been solicited on Saturday to adjourn for
the purpose of hearing single speech. Already
He have had three speeches, and how many more,
nous rerrons.-He then stated that the whole debt
Treasury out (tcn millions) a debt
cd by the late Administration. This was not to
)e contested. How was this to be paid The
evenue will fall short of the estimate made by the
ate Administration, by five millions, and how is
his to he supplied Since the late Administration
;reated this debt of ten millions, anI since there
will be deficit OF five millions, how is this to be
,aid We propose 10 pay it in the old fashioned
way, by giving our bond, payable with interest at
cr,ain time. What other way was there to pay
Il
We now fnd continued Mr.. Clay, not only an
opposition TO the payment of their own debt, but
he avowal Of principle, which had not fallen on
lis ear since old Federal times, which he wished
proclaim 10 the country-anl that was n prnci-
pie proclaimed by leader fthe party, that they
leem it proper to stop the progress of government by
rclusng supplies. What is the consequence o
stopping the supplies The stopping the wheels
of government, and the dissolution OF the govern
mcnt. He wished to let the country know tn,
ground taken by gentlemen who now stand in oPpo
sItion to the bill, which he hoped would now pas
without any unnecessary delay.
Mr.. CALHOUN explained his language, for th
purpose of showing that he had not taken tn
ground 80 broadly had been represented.
Mr. WOODBURY. said the grca, issue o
Treasury notes was caused by large appropriation
made against the wishes of the Admin islraton.
Mr.. CLAY.-By whom
Mr.. WOODBURY.-By Congress.
Mr.. CLAY.-H-a.h.
MI WOODBURY. said there was another caus
TO be found in the drawback and Judicial decision:
He also adverled to other CAUSES.
Mr.. CLAY said that the exuavagance of III
L.. .l.,,,t, Rat,
seems it was not the Administration proper-bt
Congress had taken on itself to perform It's Cor
eiitutonal functions of appIopriating money, All
did not always choose 10 take the estimates Of
department, aud obey the cdicls of an Executiv,
lie had hoped that when the honorable gentleman
came from the other end of the Pennsylvania Av,
nue., he would have elevated himself TO the level
Legislature and would hold doctrines of anoth,
kind.
Mr.. C. considered that the late adminis,ralic
ought to he ashamed of such skulking apoiog
Did not Mr.. Van Buren, possess the veto power
II Congress improperly appropriated could he n
have applied the veto power Ought not h
friends to have advised i, and not now to con
here, TO lift up their hands and cry out."spare u
it was Congress" and now TO make up for havir
voted too much, the Senator was disposed to vo
nothing a, all. lie hoped that the bill would pa
Mr.. WOODBURY. said he had not changed b
opinions from his change of position. lie did n
regard Congress as 50 very wise as TO be beyol
the reach Of error.
Mr.. CLAY asked if the gentleman rsa
to.,aht that Congress had any right to make
nnnnnnialion heyond an estimate.