Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-22


Be enacted 3D., That ts President Of The United saa'es
hereby cause Treasury mites To be issued anu le
sued IN pace those redeemed far such sun or sums as e
rrnrirs Of lie Government may require, but not exceeding III
sum ni five Of dollars 81 tins emission
visions in The act emitted AN act 10 nthe lr
OF Treasury no,e~ apPsyga the "s q MA. e aah
y hereby given Treasury notes sa, expire a, he en-
anoun If Treasury notes may i:sed under anthorit
be deemed and taken ~ hu Of 20 mue Of 10
} This bill was reported from the Committee on Fl
nance, with the following amendments, VIZ: 10 strike
out after word 'issued the words "reissued in place
of those redeemed and to insert after the word ere
aure" the words "and in place OF such Of The same q:
may be redeemed, TO cause others to be issued.
These amendments, Mr.. EVANS remarked were bu
verbal and were recommended by the Finance Com
mittee under the belief that if the bill passed as
returned from the House, il might be construed to
compel The reissue of the particular notes redeemed
which would cause great trouble instead OF reissue
OF new notes
The next amendment reported by the Finance Com
ni,tee was TO strike out the proviso in the following
words:
prorda That of Treasury note: which may be is
ued under authority shall be deemed and taken in lieu
Of 50 much Of III. authorized by the act oil twenty first July
one thousand eight hundred and forty
| Mr.. EVANS spoke al some length, showing the ao-
sou,e necessity of striking the proviso from the bill!
conlendne that the Government would not only want
the issue OF five millions of Treasury notes proposed by
q
five of the six aud half uons OF the loan authorized
AT the last session. effected which this proviso
proposed to dispense with lie went into some cal
cualions as 10 The probable nett income into the Trea
sury from all sources, which be estimated at about
nineteen millions ofdollars, out Of which the Govern
ment would have TO redeem seven millions of Treasu
nv notes now outstanding which would have but TIM
teen millions Of dollars 10 be applied to the support
OF the Government for the year. The Secretary, he
said, had estimated the expenditures Of Government
\ al, Mt nnt -fIyn
! fIe believed, however, by using economy the expendi
lures could be barely brought within twentyihree mil
lions, which, when compared with the nett income OF
thirteen Millions would shaw deficit OF ten millions
To be supplied by Treasury notes and by the oan ii 1t
could be effected If the So 900 600 of Treasury notes
and the loan of S6500,000 be voted to the Treasury,
there would then be but 81 800 600 left in the Treasu
ry the end of the year, which, he contended,
amount small enough TO be on hand 10 meet any sud-
den emergency that might occur by failure 10 make
available the amounts Of money in the hands of recev
ing officers, or By failure TO realize from customs
which he thought probable in the present state Of af
fairs the amount estimated by the Secretary of the
| Treasury.
MIR L showed by his estimates that The national debt
would be nomnally increased ten millions Of dollars
this year. but would be decreased millions by
The redemption Of Treasury notes outstanding; which
nett increase, added TO the present national debt of
fourteen millions, would consequently show at The end
of the wear an Indebtedness of seventeen millions Of
dollars lie knew that the Senators in the opposition
proper would say 10 him when additional means were
called for take back The proceeds Of the public lands
If they did return those proceeds TO the public Treasu-
nv it would not meet the There would still be
deficit. lie hoped the bill would be allowed 10 pass
without unnecessary opposition, considering that il
added nothing 10 the burdens Of the Treasury. MIR. h.
having concluded
Mr.. BUCHANAN said he for purpose far diff
erent from that of participating in this debate. The
House Of Representatives had officially announced 10
the Senate the death of the Hon. Davis Dmmock, Jr
member of that body from the State Of Penns lvania
and although il might not have been the practice, he
owed il 10 his feelings, well as TO the respect
which justly due to the character Of the deceas-
ed, ask that the Senate should dourn, test'mo-
NAL Of respect for his memory.
The deceased, observed Mr.. BUCHANAN, acted
well his part in all the relations Of life He was an
ndulgenl husband, kind father, ard sincere friend
lie man, the quiet influence OF whose example
tended make the society by which he surround
ed, both wiser and better. His judgment excel
eni and under It's dictates, his through life was
steady honest and consistent. lie lived respected
and beloved wherever he known and so far as
have ever heard, lie bad not personal enemy. lie
came TO the extra session in the enjoyment of his
customet health and with the full confidence Of ms
constituents and here contracted the disease which
has proved mortal There is often but step between
the binbest earthly honors TO winch ambition aspires,
and the grave lie died his residence, in Monrose,
Pennsylvania and consider it fortunate that he died
at home surrounded by the endearments ofthe domcs
tic circle, and was not called away TO meet his God
from the busting and busy struggles Of political life,
in which we are oil here involved. now that
The Senate adjourn.
This motion being unanimously adopted, the Senate,
at half past two o clock, adjourned
HOUSE OF REPRESENTATIVES
The Journal having been read,
Mr.. BIDLACK rose and said
MIR. Speaker 1t has become my painful duty to
announce 10 this House the mournful intelligence, just
received, of the death of one of my colleagues and
friends.
The Hon. Davis Dimmock, Jr,, late member of this
House. departed this life on the 18Th Of the present
month"; at his residence in Nontrose, in the county Of
Susquehanna. Mr. b. paid handsome tribute 10 his
colleague and ended by sending to the Chair the fol.
| lowing resolutions:
Resolred, That this House has learned with feelings
of deep sensbli,y the intelligence Of the decense of
the Hon Davis Dimmock, jr., late member of this
Congress- and as an evidence of the sympathy which
the members entertain, and hereby tender 10 his sur
yving relatives and personal friends, they will wear
Grape on the left arm for thirty days.
lPesolrtd Also, further mark Of respect for the
memory of the deceased, this House do now adjourn
The resolutions unanimously adopted; and,
4 The House adjourned.
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