The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-12
Warrington.
Io,ca IF tho Horald.l

n,r Rotts,s Inuea ch ment Resolutions The
Exchequer Thrown Overboard.-No other
Plan Propos. d .-Senator Buchanan.-The
Oregon Territory, &c.
At length the House has broken ground upon the
Exchequer system, in right down earnest. 1t came
up to day in the shape OF motion from MIR. Fill
more, the chairman of the Committee on Ways
and Means to print majority report OF the Commit.
tee adverse 10 the Exchequer system recommended
by the President. This motion acted like bomb
shell thrown into an enemy's camp, and scattered
all parties in all directions 1t called out MIR. Cush-
ing, Mr.. Pickens, Mr.. Wise, Mr. Marshall, Mr.. Jo-
seph Ingersoll, Mr.. Granger, Mr.. Bolts, Mr.. Cost
Johnson, Mr.. Turney, &C.; and kept the House In
session pretty late. From the whole tenor of the
debate which give below, it will be evident to all
that neither the Exchequer, nor any other plan for
regulating tx currency is to be passed this session
and 1t also seems apparent that the poor Bankrupt
Repeal Bill has had the "cold shoulder" turned TO
it. But before proceed to the debate, let me men,
ton few other incidental matters.
From letters received by the Pennsylvania dele
CATION here II really appears probable that Mr. bu-
man named Green "a democratl has come out
high tariff man, and he carries Is State Senators
with him, 1t is thought that MIR. Buchanan will have
to be dropped much the regret OF all here who ad
mre his great talents, and his many amiable and
gentlemanly qualities.
Mr.. FORWARD positively retires from the Treasu-
y Department, and his place is to be supplied by MIR.
Spencer
Mr. PROFIT wishes to go abroad his health is
very delicate and he will very probably get foreign
mission.
Committees on Post Roads, &c. He is also en-
deavoring to fix permanent mail Editors Express
between here and New York a thing much wanted,
and which would easily be re suated, if Captain
Stockton would consent to let a sworn mail agent
travel over his part OF the line from Camden to
New Brunswick.
In the SENATE to-day nothing of importance was
done, except to discuss the Oregon Question. The
Bill has been read third tim, and the quest Is
on the .engrossment. 1t will probably go to the
House in day or two.
In the HOUSE the only matter OF Importance, be-
sides the Exchequer, was that of Mr.. Bolts giving
notice that tomorrow he would bring forward his
celebrated resolutions impeaching the President.
Wise says he is ready to meet them. am told that
Mr. Bolts has received thirty or forty letters request
ing him to become candidate In Wise's district
next April.
The estimates for the Army, Navy, Civil and Di-
pomatic appropriations were laid on the members
desks this morning. | send you copy. The APP
preparation Bill is also before the House. sent you
copy on Thursday last
Thus you there is great deal of work cut
our, and only six weeks to do it in. Ecce signun'
There the five Appropriation Bills all to be dis
cussed, and all OF which must be acted upon. There
are also the Bankrupt Repeal, the Exchequer. Gen.
Jacksons fine, the Coast Survey again, the Oregon
Bill the Impeachment Resolutions, and the Treaty,
which must be acted upon. 1t strikes there must
be some heavy night sessions. But to
The ExcHEouER SYSTEM.
Mr.. FILLMORE presented a report from majority
of the Committee on Ways and Means, adverse to
the Exchequer plan presented by Mr. Forward last
session (but which was written by Mr.: Webster
and recommended again by the President in his
Message this session The report was not read, but
at the end of it was appended this resolution =
Resolved, That the plan Of Exchequer presented to
Congress by the Secretary Of the Treasury at the last
session. entitled bill amendaory to the several acts
establishing the Treasury Department. ought not be
adopted.
This announcement produced considerable excite
ment; particularly as the Six wings forming the ma
joIty of the oorai:tvr, repcrssd no plan as a SUBJ
stitute.
Mr.. ATHEIToN, one Of the three locofocos on the
committee, then offered the following amendment
to the resolution from the minority
"And that the Committee of Ways and Means be in
structed to bring in bill regulating the collection safe
in such shall far possible substitute pro-
visions of law for Executive discretion in the manage
ment Of the fnances-shs prevent the moneys of the
people from being used for purposes of private specua
ton and emolumen and shall render the Government in
dependent OF the agency and influence of moned corpo
ratons."
Mr.. CUSHING wished to go into Committee of the
Whole on the State Of the Union on the report
Mr.. FILLMORE objected.
Mr. CUSHING then rose aud said He would moi
say that the committee had neglected their duty in
this NATTER but hey certainly had omitted to do the
duty which their country demanded OF them. The
gentleman objected to going into committee Of the
whole on this report. And why, sir! Are we to
spend our time IN discussing mere abstract PROPOSE
tions, WIS that particular bill ought not to pass-a
mere negative proposition? What has the House
to gain, sr-what has the country to gain, by this
coursel Nothing. l do not wish sir, 10 have this
made mere party issue; but to put this important
measure IN practical form before the House, that
members may proceed to legislatc upon it. Let us
than go into committee of the whole on this subject
so thct we may there mature bill Of some sort, in.
dependent OF party relations. The only object Of
the majority OF the committee seems to be to proh
bit legislation Will the chairman (Mr Fillmore)
go TO the people-to the country-on the question
that this House refuses to 60 into legislation this
great subject! He sayshis object will be defeated
that of getting direct vote on the Secreary's
sure--by going into committee of the whole; there
fore he Il do nothing, but bring forward this bare ne
cation. for one, sir, am sick and tired of this tr
fling see the country sufferng-commcrce and
trade depressed for want of settled measure to
regulate the currency and finances of the country
and therefore move that the House 20 into COM
mittee OF the whole, in order to mature the best
possible plan to meet the wishes and relieve the dis
tresses OF the country
Mr.. ARNOLD moved the previous question 10 bring
the House to direct vote but there were
many who wanted to speak for him to be s
tanned.
Mr. PIcKENs said that the most efiecual mode OF
bringing about Mr.. Cushings object was to let the
subject go to the House at once, and take direct
vote on il, with the ayes and nays.
Mr. WfsE-Wi the committee report propo
siton Of their own :?
S~Mr. PicKENs-I am not at liberty to say what they
are prepared to do. But believe they have a pro-
position to submit. This House can never be
brought to vote TO sustain mere negative PROPOSE
ton. / am willing that the measure formerly pro-
posed by the gentleman from Massachusetts should
be fairly heard and discussed in Committee of the
whole, It's very different plan from this measure
OF the Secretarys, and !, for one, am quite ready
and willing TO give it full and fair hearing At
ne same time ! wish the proposition from the
chairman Fllmore) to come before the House in
some tangible way, SO that some specific action
might be taken on it will call the ayes and nays.
and then see who will be found to vote for this mere
negative proposition.
Mr.. CUSHING asked how the vote now would af
feet the measure before the House
Mr.. PIcKENs was understood 10 say that he should
consider those who voted for Filmore's resolution
as not disposed to give the country any measure O,