Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1842-04-29

81 CoNeasss.-The two houses were busted
day, the senate on the loan bill-the repre-
zSaiaiives on the appropriation bill. Borrow
and approprating seem now to be the
Enlerparts Of each other. They seem as In
oolubly united under this administration as
Siamese twins. They must go together.
W. were struck to-day with the great eager
ness maeilellsd ~ the wings to push through
the Borrowing bill, with such hot haste as not
70 allow single night Of preparation for the
response 20 tho, elaborate statements OF the
chairman Of the finance committee, who occu-
pied the whole day-from the morning hour to
that Of the usual adjournment. Mr.. Wright.
who rose to reply, spoke for considerable
time ii developing his own strong views OF the
measure, and was willing to close them with
the sitting but Mr.. Buchanan, and other DEM
ocratie senators, were DESTROYS that Mr.. Wright
should have few hours to scan and compare
the complicated and various data on which the
new demands of the treasury are founded.
This public will remember that, when Sec
rotary Forward, some ninety days since. asked
for treasury notes to supply the deficit, occa-
STONED by the failure Of the negotiation Of the
whole twelve million loan, that he asked for
the notes in lieu Of FIVE millions of the loan
remaining untaken. He did no want the five
millions treasury notes in addition to the loan
Of so much previously authorized. but he ask
ed the notes as substitute for that portion Of
the authoEized loan which he conld not make
Immediately available. Instead Of this, the
wing majority in congress gave the i've MIL
lions Of treasury notes, III addition to the twelve
millions authorized in the bill Of las! session,
and the bill now adds to that twelve million
loan, five millions more, and, as Mr.. Wright
n1nci uotv
power Of funding the outstanding treasury
notes, and those yet to be issued, amounting
to about nine millions. This extraordinary
exaggeration OF the demand Of the treasury, as
at first made, requires security, and the more
the matter is probed, the more thoroughly il
will convince the nation that while retrench-
ment Of expenditure and redution of burdens
has been the watchword Of federalism in its
approaches 10 power, now that it has clutched
it, the object is to build up national debt as
the foundation of national bank, and to push
on the expenditures to make the increase oil
the tariff indispensable. With such sinister
policy in view, and while reaching to it with
such rapid strides, and in direction directly
opposed to that which federalism was pledged
to take previously to the election, we are not
surprised at the anxiety shown to hasten to the
end without even parley. This is shown
not merely in the Discrimination of the MAORI
ty of the wings to vote an adjournment, to give
an opportunity to sift the new statements of the
chairman Of the finance committee, but it was
exhibited in the refusal TO sit ON last Friday
and Saturday, when the loan bill was brought
to the senate from the house. They cut of
two days at the start, which might have been
epent in the examination of the measure; and
now, TO put an end to discussion, the plea is
that the wants of the government, and the dis
credit it suffers from the delay Of the bill,
makes blindfold adoption Of it, a sort of pat
riotism.-Globe.