New-York tribune., 1842-01-08
By Thi, Mornings Southern Mail
Washington Correspondence Of toe r'olnc'
Tariff Debnfe---.E reasur! Is, ~
Fiscality, &c.

EiscRlltI, 1C.
TxussDAY, JAR o.
In The Housg OF REPRESENTATIVES TO-DAY Fs,u-
sal having been made TO suspend the rules 10Y TIC
reception OF petitions. reports being IN ordr'' were
called from me Committees and nang OF private
character nlade.
\ resolution reported BY Mr.. FlLLHoaE= from
no Committee. OF Ways and Means, directing tha'
Committee 10 inquire into the eSpediency OF re-
porting bill authorizing appropriations for SUCH
necessary objects, as had generally, contrary To
law. been inc!uded n appropriation bills. was
adopted.
s.11oSsrALE. from the Committee on
Ns,ufsc,ures reported resolution authorizing
,hot Coaui,tee 20 send for witnesses, ara 'ahs
testimony on the subject of the prese"t AZ"
io,rs sc ,h.ir op.ra,ion on the interests OF tne
country and the alteration those interests may re-
qure.
Mr. WIN. Cosr JOHNSON said i; tbs resolution
was so modified as to appoint Select Committee
Tor this purpose lie would vote Tor 1t.
Mr.. s,rross7.r1. said the Committee on Man
ufsc:ures who would have the subject 70 act on As
il had been referred to them af;eca long debate.
nigh, as we'll obtain tie information as u Select
Committee He dwelt upon the Importance OF IN
formation with regard the operation OF The tara
on the manufacturing AS we'll al! the interests OF
the country and argued that the best mode OF
obtaining il would be by the examination OF W.T.
ne.,es.
Mr.. wv-C JoHSsoS admitted the necessity Of
r,c.rns,iou on the subject, butt, should be obtain
ed b. ! Committee who would no, have reference
to any particular subject but the general interests
OF the country, among Which one OF great lmp'r-
,ancc was ,hat=oi the consuming and agricultural
portion Of TIE people.
Mr. WISE w.s glad the Tariff. question had been
referred 10 the Committee on Manufactures, for
now they saw wha, was iniendee!-s Protective
Tariff could guard against it. He was viii
! ins To let the Tariff stand it now Is, and op-
posed Jhe resolution.
Mr. Tl1LISGHAsr briefly advocated the re,ou
,ion. and was brokenoil by the expiration Ok the
morning hour. wian the resolution was laid over
till tomorrow, and bids fair give rise to Il con-
,inua,ion of the prottac,ed tariff debate just er'
mated.
twice read and referred, and several Executive
communications laid before the House, among
which ~as from, the Secretary Of State in accord
ance with u solution OF the House a statement
of the aggregate amount, OF each description Of
persons within the several Districts and States of
the L niteC States by counties and towns.
On motion Of Mr.. FILLMORE, tn, Treasury Note
| Bl-rhch authorizes >-t!e OF not moro than
five millions at any one time outstanding; tie period
of their issue 10 be limited to year: and to
be terminated sooner if the loan shall be made ne
gotiable-was taken up in Committee OF the
Whole on the State Of the Union, (Mr. HopklSs
of Va. in the Chair
Mr.. FILLMORE as Chairman of the Committee
VINO reported the bill, made II brief and pertinent
exposition of the circumstances connected with the
reporting of the bill. He srst sent the Clerk
table the report Of the Secretary of the Treasury
portion Of which, recommending the issue al
five millions OF Treasury Notes was read. He re
terred to the estimated deficit of great amount
in the Treasury for th. year, and the necessity o
some means to meet that. The committee had a
first declined bringing forward a bill for the issu'
of Treasury Notes, in lieu thereof reporting an I'D
Jlion to the Loan bill of iive millions; but tina
having been delayed, and the exgences of th'
Treasury being immediate and pressing, they-al
though majority OF them were opposed to th'
issue Of Treasury Notes--had not felt it to be the
duty to withhold this plan thus recommended, 70
the temporary relief Of the Treasury, ttcm III,
House, 10 whose disposal il was now submitted
He had uniformly voted against the issue OF Trea
sury Notes-not on the ground Of their lnconslitu
tionaliiy but mex edencyand il with mucl
difficulty that he had now brought himself to vol,
for this bill, which he should do as the best ant
perhaps only lneans OF temporarily ayertins the
disgrace OF tie credit Of Government Hewas up
posed to the Issue OF Treasury Notes, # any ohel
course could be taken.
Mr.DAyls Of ny. opposed the bill.
Nj. WISE replied to Mr.. D., advocated the bill
and offered an amendment providing that the pro
ceeds of the sales of the public lands should be APP
plieI to the payment of the National Debt botl
nom and hereafter, that no issue Of Treasury Note.
should be made until this revenue was first thus
applied, and then Treasury Notes to be issued. -
Messrs. FILLMORE ard ARNOLD raised The
point Of order against this amendment as irIce-
vant, before which va. decided,
The Committee rose, and the House adjourned.
In the House, Mr.. PHELps presented resoll-
tons Of the Legislature OF Vermont in favor Of the
ineegi5i!ity O: the President after four years
t-rc,, in favor Of holding Presidential Elections
throughout the United States on the same day, and
Tor Protective Tariff.
The LiiIfor the relief Of Margaret Barnes wns
passed. Other private bills We're considered, and
petitions presea,ed, among which we're those from