Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-01-28

Treasury Of single dolllr the iron was already IN
the country. But if the bill were committed, ne would
move to amend it, by the substitution oil the more gene
raj BILL extending the same privilege 10 companies ~
other States Of the Union, that their rails might all De
| permanently laid down.
| Mr. FILLMORE said this bill presented the serious
oueston whether they would or would not repeal Por-
| ton Of the tariff act OF l-42 -,
He was the opposed 10 The object oil the o'ii'
because it for the benefit of particular company.
He hoped, if any action was 10 be had, would De ny
| the passage of a general bill.
| Mr. PICKENS suggested that the bill be taken up,
| and amended accordingly.
Mr. FILLMORE sad he not prepared to amend
it. lie then We Mt on say that this an innovation
in favor of incorporated company Mt the South. II
any companies required exemption, was those at inc
North " hch had not the advantage OF track IN WIN
Ter free from Moreover, he thought lhat thP
laws The subject OF esempting railroad IRON wou'c
require some revision. This bill extended the exemp-
ton TO all iron laid down; whilst the act OF lc3 was
modified so as apply only bars of iron. lie hoped
that the bill would be posi- poHed for a day.
! Mr. PlCkENS intimated his willingness to accept
the modification proposed by the gentleman from New
York (Alr Filmore) If that gentleman would consent
10 have the bill now acted on.
Mr. CARY hoped there would he no delay.
Mr. RANDOLPH said he was in favor of referring
the bill TO the Committee OF Ways and Means. he was
opposed it in every shape. lie was opposed TO The
privileges il was destined to grant, whether made gene.
raj special. Already had TINS PETERSBURG company
laid down their rails
MIR CARY said, merely temporarily not with de-
sirn 10 be permanent.
Mr.. SALTONSTALL made few remarks in advo.
cacy OF the principles of the bill
Mr.. GARY desired to say, that great INJURY would
be perpe;raed upon large portion OF his constituents
if this bill should not be speedily passed-and no gooc
could come TO any human being. Ii he thought mat
the Treasury would suffer by the passage OF the BILL he
would urge it. But it lnterfered win no vested
uhs would not affect the iron interest The IRON
was already imported II it would not be considered
cut Of order refer 10 The proceedings OF The Senate
he would say that had been there contended that TINS
bill presented snecial case and was sur geneTtS lis
passage only involved question of time II not pass
cd immediately lis friends would not give i iarthng
for it.
lie believed that, before the passage of the Tariff
bill Of last session. there manulactory OF railroad
iron in the United States. Since that bill was passed,
one nulacory had been established. When he saw
men in the other wing Of the Capitol, who advocated
different views the subject OF the Tari, sustaining
this bill, he could but think that it was right, and
ought to be passed.
After some remarks from Mcssrs. FILLMORE and
Bolts, the floor obtained by Mr.. BRiGGS-
The subject was then laid until tomorrow.
THE EXCIIEQuEK BILL.
The report Of the Committee Of Ways and Means
adverse the plan of the ExchequeT, recommended
by the President came up for consideration the
regular order of the day. The of the question
was this The report Of The majority Of the committee
concluded with resolution that it not expedent to
adopt the plan of exchequer es proposed by the Sc
crctary of the Treasury, and recommendation Congress
by the Executive; which resolution MIR. Cushing had
yesterday moved to amend by striking out the word
"not."
Mr. CUSHING, who had The floor, observed that
these propositions embraced the whole subject OF The
currency and the finances of the country; and IN the
uncertainty whether the House intended TO go into
Committee of the Whole on the Exchequcr bill, he
should in this form enter into the question introduce
tory the debate upon the whole subject Mr. Burke,
in his writings on the French Revolution, complained
tina, The age Of chyary gone, and that The age OF
sophistry and chcanpry had succeeded il. There
much truth this remark The present age was agitaed
with questions of banking finance and currency-ail
Of them questions which the interests rather than the
feelings OF mankind involved. In discussing,
them the question before the Honse, he must ask lis
indulgence while he gave dry and unntercsting state
ment of facis-facs which he could only take time 10
state, withou, stopping to discuss them
The resolution Of the majority Of the Committee of
Ways and Means upon his motion to amend which
the question pendng) was mere negation OF &c.
ton OF any sort whatever but, although it was i'm.
pliedly merely negative Of particular measure, yet it,
in effect, avowed all exclusive preference for United
States Bank In the whole scope Of the financial ques
tons before them, the committee had gone into only
one form Of single idea. which they negatived. That
the House and the country might see the particular
Tariff prepared by the Secretary of the Treasury, in
obedience the order Of the House-lc il be supposed
that the Committee of Ways and Means, instead OF re-
porting that bill back, OF amending it, reporting
some other bill on the subject when the demand
of the country urgent for settling the Tariff
queston-had simply reported that it not expedent
pass the particular bill presented by the Secretary of
the Treasury Had such report been made at the
last session, everybody would have said that the Com
mittee Of Ways and Means had not performed their
mi the and @ of the
try. Now, in their report upon the Exchequer the
Committee Of Ways and Means had done precisely the
same thing that he had imagined in respect 10 the
Tariff. In the preliminary debate this subject, tine
select committee, TO whom 1t referred at the last
session, taken TO task for reporting bill of their
own, instead Of reporting back 10 the House the bull oil
the Secretary Of the Treasury and their conduct was
commented on III very severe terms But hat was the
contrast presented between the course of the select
committee, and that of the Committee of Ways and
Means, The former, whilst they presented bill diff
ferent from that Of the Secretary of The Treasury, were
not then, and were not now, exclusively devoted TO It,
If the majority of the House ready 10 adopt the
bill Of The Secretary of the Treasury, he was ready to
vote for it and if the House should go into Committee
of the Whole The bill of the select committee it was
his purpose 10 to substitute for it the bill of the
Secretary Of the Treasury He would do this, that the
whole subject might be brought before the House, and
tina; gentleman might avoid the responsibility that
rested on him OF voting on 1t.
we come lsalu MI 10 the lHVeSteatoH VI tn's
question in peculiar exigency in the affairs of the
Government. With the expiration of the charter of
the U. S. Bank had expired all the laws regulating the
deposiling discussing, and transfer of the public mo
neys by of that institution The independent
treasury had been repealed by law and that mode of
regulating the public deposles, disbursements, and
transfers, had also ceased TO exist What, then, was
the peculiar predlcament Of the Government when the
Committee Of Ways and Means had refused TO do any
thing in relation 10 the subject Why, the public de-
poses were held by the Treasurer of the u S under
the act of 1885, There Mr. C. recited the act; and was
upon the extremely general provisions of that act that
the deposites and disbursements of the public money
made, subject only 10 the discretion of the
Executive And in regard to the materials 10 be re.
ceived at the treasury, there but act regulating
that subject; and that The resolution OF lelU.-
Here MIR. Z. recited the provisions cf that act
In this predicament OF the Government the President
Of the U. S, in whom this discretion was imposed BY
the existing laws TO the House and asked it to re-
lieve him of that discretion and 10 take away from him
this general power over the Treasury To this appeal