The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-01-21

dabt AZ the enu sl tae year. and how has accrued
There would be Sl7,00O,0o0 at the end OF the year
of public debt 81 900 600 would be received IN the
course OF the year, and so much would De extln
gushed, but SIT 600 eo0of pubic debt would accrse'
and they would tn retore have made debt OF $40,
600 600 for 1912 In other words there were out
standing Treasury early in the year 1871 OF be-
tween S6,OO0,0O0 and $40 900; they are out
standing now-but they are to come IN /; deductlng
then those notes from the Sl2,00O,O6O loan, 10 the
balance of which add these $500 600 OF Treasury
nstes and it will thus be shown that the debt has IN
creased $4,000 900 for lS4l-2 The debt might be
even million more, making SIS 900 900, but II
would only be an increase OF about SlO,OOOOOO
Some gentlemen might say take back the land !;
well they did, they would still have an'ncrease OF
debt But he would not discuss that question TOR 1t
was settled after solemn elaboration by Congress,
with full view of the condition OF the country; he
did not desire TO introduce that or any thing else
that would give rise TO discussion he thought Ia
the present crs Of the treasury aud the country II
became them to supply the means, tor the interest,",
the reputation, the credit and the character OF me
country were at stake. But 1t might De said'
why not let the bill stand as il is, and during me
session make further supply when It might
be required Bat to that ne objected ne was
very desIrous instead Of limiting the treasury
notes to one year to extend them 10 TWO ne
disapprsved of always living from mouth TO
mouth and then be forced into two or tnree Gays
TO make provision, when their lnevit1oiG neces-
sites bore them down and prevented dehoera-
ton He therefore in full view OF their conditien
desired to supply their wants now-and ne hoped
this bill would be allowed to pass. He much re.
GREETED the state of the public affairs and he might
say that the late Secretary foresaw this very state
of th ngs and last year his report he recommend
ed loan of $l6,0O0,O00 for six or eight years;
but Congress in It's wisdom limited the period to
three years, and the amount to $1,000, 600 and
now, when they wanted money they were unable 70
borrow. This was their condition while claimants
WA ca linn them and above all the Char0C-
ter and reputation OF the cauntry were pledged 10
supply the means for the daily operations OF the 60
vernment. He hoped, therefore, that the bill was
not destined to with any unnecessary opposition
Mr.. BUCHANAN rose but he,said it was not Tor the
purpose OF participating in the debate. The House
of Representatives had communicated to them the
death of the Hon Davis Dimmock, jun, member
of that body from the State of Pennsylvania, and
however contrary to the custom OF the Senate 1t
may have been to take any official notice OF the
death Of member of the other Aouse when he de-
parted this lite Al his own Home, yet 1t had been
equally in violation OF custom to send any ofhclal
announcement Of such an event to this House. n
der these circumstances he owed it to his own teel-
ings therefore, at this tme to move that this House
do now adjourn, as testimonial OF respect 10 the
deceased. He was a man who acted well his part
in every relation of life ne was an indulgent has
band kind father, and sincere friend the quiet
influence Of his example had powerful effect on
the society by which he was surrounded, and It's
effect to incline them to virtue and patriotism
ne uleQ surrounded ny tnc euuCdAAAcnsooA $50 wv
mestic circle, and he INF Bachanan,) considered
it very fortunate that such vas the case ana tnat
he was not called away in the busting scenes by
which they were surrounded. He lett character
behind which he gave legacy to his mourning
wife and children and his numerous friends, for he
had friends wherever he was known, and he Mr..
Buchanan) believed he never heard that he had an
enemy. He then movedthat, as q token oil respect
for the deceased this House donow adjourn. Ib'
motion was agreed to and the Senate adjournee.
LORD MoRPETH was present IN the S:.S
Chamber during the morning snd listerST wy.
great apparent interest to the speech of Mr. Evans
After the adjournment he was intrc1uoIv E.
President, pro tenn, and the seneol:. VA. .t Ty
received his lordship with great; W .a
the benefit of the general reads ISM "rn"tS
1ntelligeneer says on all occasos, no.u nv e "a
is now. in his fsrLeth year, ,'I r1 "9 Cars,e M.
the eldest Of the prssN Eari ~ ~.andson NJ
phew Of the Duke of De- onsnre, ana gIsnusuan;
If Lord Rvron viii splendonr of descent al
most ..eoToJied, ip possession Of the highest ho-
.,r. If sbvndant wealth, his lordship has
100, r.. al il his efforts to deserve reputation
bv hi, neronal worth. After brilliant Univer
s;tv csre~ he entered upon public life, and ha:
.cou;reI fame in both the literary and political
worIl His direct ancestor, the celebrated Earl OF
Surrsy a poet of taste and refinement, at period
,vIen English literature was rude aud bafDarous,
carried the Lady Frances We're, daughter OF john
Carl of Oxford and had son, Thomas, the 4th
Duke Of Norfolk who left three seas, Philip. pro-
gsnitor Of theducal house, Thomas, Earl Of SUI.
folk, and w iism, from whom descend the Earl OF
Carlisle. and the Howards of Corby Castle Lerd
Morpeth represented theaW Riding oil OK.
shire in parliament, from which he was unseateo
at the late general election.