Sentinel of the valley. [volume] (Woodstock, Va) 1841-1848, 1842-08-18
IcoNT'D FROM 1sT PAGE.

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sessed under that, except very trifilng
sums, were put on credit of three and
six months, and not collected till l842.
The lands, if duly advertised, as in
1910 and in previous years, to the ex-
tent of eight or ten millions of acres
yearly, would probably have furnished
more than three millions, as they did IN
each of the embarrassed years after l8
SO. But, instead ofdoing this in l94l,
scarce one new advertisement was IS
sued after March, and some old ones
were recalled. Now, would not these
twenty-four millions have discharged
all proper expenses, had there been no
steps taken to increase them, and no
extra session? Easily, sir. For the or
binary expenses were estimated as not
likely to exceed nineteen millions and
one-foNrih. On the reduced new APP
preparations made, of less than eighteen
millions, they need not have exceeded
the estimate much, if any. In that
event, four millions and fourth would
have remained as balance to redeem
not much over three to four millions Of
treasury notes which might fall due in
1871, and be presented, an no power
remain to issue others in their stead. A
million still might be left to cover con-
.tingeEcies, oras balance on hand.
A word as to the expenses of the
previous four years, compared with their
receipts, and | have done.
The gentleman contends that the
former far exceeds the latter, from lands
and customs. Granted. But they did
not exceed those and our other means
on hand united. On the contrary, we
deposited with the States over twenty
eight millions ofpublic money which
we had in possession, and still incur-
ed debt Of only four or five millions.
That deposite was one root of all the
present evils. That money should new
er have deem divided among the States.
1t was a Pandora's box. 1t was a
great cause of the suspension Of specie
payments, by means of the immense
sums obliged SO soon to be collected
and paid over, and placed in new po-
sitions, new hands, and new channels.
1t embarrassed everybody, and rehev-
ed nobody. Had it remained, and been
gradually applied to proper public
works, not only the wreck of the banks
in 1897 mis- ht have been averted, but
any necessity for treasury notes since,
and for the present accumulating debt
of the General Government, and for
much of the prodigal waste and bank
ruptcy into which some of the States
were tempted by that unfortunable dis
tribution.
Mr.. Evans was sorry to have dis
turded the equanimity of the honorable
Senator; he had had no idea of doing
SO, nor was it his purpose to ridicule
the arguments of the Senator, He
Mr.. Woodbury. had said that, among
unsuitable things, it was not suitable to
this occasion to vote against the amend
ments in this body which were voted
for in committee. He would not dwell
upon the breach Of order in adverting
to what had occurred in committee
Of this he did not complain. He was
against any amendments in the commit
tee; but when the majority of the COM
mittee decided on certain amendments,
he supported them. The majority Of
the committee had voted in this body
for these amendments. But he had not
deemed any of them sufficiently impor-
tant to delay the bill at this late hour Of
the session. The Senator from Mis-
souri, had complained of ten States be-
ing obliterated-annlhilated. He (Mr.
i. did not find their twenty Senators
obliterated-they had been uncommon
ly vigorous for the last two or three
days, and had given the supporters of
the bill great deal of trouble. If is
was right for the minority to carry a
bill, he wished the Senator had thought
of that some few years ago, when he
(Mr. E. and his friends were in the
minority.
Mr.. Simmons and Mr.. Wright made
a few re.narks-the latter stating his
anxiety to see the vote taken, as some
excuse for postponing to another occa-
sion few inquiries he had to make of
the chairman ofthe Finance Commit
tee.
The question was then taken on the
passage of the bill; and it was passed
yeas 20, nays %, as follows:
YEAS-Messrs. Archer, Barrow,
Bates, Bayard, Choate, Clayton, Con-
rad, Crafts, Crittenden, Dayton, Evans,
Huntington, Kerr, Mangum, Menick,
Miller, Morehead, Phelps, Porter, Sim
mons, Smith Of Indiana, Sprague, Tall
madge, White, and Woodbridge-25.
NAYS-Messrs. Allen, Bagby, Ben