Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1842-01-13


lures, instead OF that Of Ways and Means,
the subject Of the Tariff; but (said Mr..
WI this was no triumph over me ] am
glad that such has been the decision Of
the House. Had those who favored plo-
lection taken counsel Of wisdom, they
would have given the subject TO the Com
mIttee of Ways and Means, and then, by
a species IF "humbug" introduced their
~favorlte protective measures under the
cover of providing for the revenue
They had not done so; and be rejoiced,
because it was always more agreeable TO
him to meet an enemy undisgnisrd and in
open field. These gentlemen had thrown
off all disguise, and come out boldly for
their object with his friend from Mary
land {Mr. Johnson) he would only give
the powers asked for to a Select Commit.
tee.
Mr.. Tilllnghast rose to support the re.
solution, but had not gone far in his re-
marks, when the morning hour expired.
Various Senate Bills and Reports from
the Departments were then taken up, and
appropriately referred.
The House, then. on motion of Mr.. Fill.
more, went into Committee Of the Whole
upon the State of the Union, Mr.. Hopkins,
of Virginia, in the Chair and the bill for
the issue of Treasury NOTES being under
consideration,
Mr.. Fillmore made n succinct statement
Of the condition Of the Treasury, and sub
mitted a correspondence (printed) between
the Secretary Of the Treasury and the
Committee Of Ways and Means, shelving
the absolute and pressing necessity OF the
bill. TThis bill autLorses the issue OF
$4,000, 900 Treasury notes with a provI.
so, that il, at any time, money can be oh.
tanned upon the Loan Bill passed last SEES
sion, it shall be, to the exclusion Of these
notes BY the communication from the
Secretary, i: seems that the estimated ex-
penditures for the first quarter of 1912
were about sc, 900 900 while the re-
ceipts for the same period would not ex
coed 100000.
Mr.. F. stated that The committee de-
clined to report a bill in accordance with
the desire Of the Secretary (ior the issue
OF Treasury notes) until they had been
shewn, by that officer, the particular me-
cessity for this course; and that he had
placed before them Information which had
been obtained from the capitalists and
others Of the larger cities, TO the effect
that no funds were to be expected from
the Loan Bill, whatever might be the ex-
tension of time. Under these circum.
stances, they had no alternative but to re-
port this bill.
Mr.. G. Davis opposed the measure.
He blamed the Seer, tary for his remiss
ness in not earlier reporting the condition
Of his Department. lfproper foreihought
had been taken, the measure Of the last
session, the Loan Bill, would have afford.
ed ample relief; and the House would not
have been called upon to set aAoai an il.
legal currency in this country. AS evil
dences Of Indebtedness, he did not object
TO Treasury notes but MS a currency, he
stigmatized them as being neither more
nor less than the old Continental mon-
ey," which Congress had no power to re-
vive.
Mr.. Wise followed, advocating the pro-
priety of the bill, at considerable length /;
but concluded with knocking il in the
head) by offering an amendment which
went to a repea! of the Land Distribution
Bill Of last session.
Mr.. Arnold replied briefly to Mr.. Wise,
and raised the poiEt Of order of the rele-
vancy of this amendment to the bill pro-
posed. At this stage Of the proceedings,
the Committee rose, and the House ad
journed.