Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1845-03-08

these put In one and the same bill When the Sator from
Kentucky (A CRITTESDEs presented that item of the bill
which clearly the in its character (f any
one Of them NATIONAL what the result III
jected, and rejected the ground that if taen out Of
this harbor bill the bill must be lost 1t tho first time in
the Congress Of the United States when principle he would
corrupt because that harsh word so,vey
Objectionable had been openly avowed that measure
be retained in ORDER by its merits carry this MONSTER this
headed HYDRA through both Houses Of Congress- Let
gentlemen take of this bill the appropriations for the
fit Of any State, and put them together bill by them
selves, would such bill pass Every body knew that it
would not But they put together and kept together
that the whole might be carried by coup de nam would
be inconsistent with the respect which he entertained for him
SELF and the decoum imposed by the presence the Senate
to apply to attempt like this the language which he felt
presented itself to his lips the least he could say of was,
that i was combination to plumber the public Treasury
Yes he repeated the assertion it neither less
than combination to plumber the public Treasury.
Mr. Med. could say with the Senator from Maine, (Mr
EyANs that he entertained constitutional scupes in
ing for objects OF internal improvement if they of
strictly national character He opposed to this bill
on party grounds, simply expenditure of public
ney but he called upon the last public act OF his
life to that he believed these appropriations asked
rather for the sake of having the public money expended in
different portions Of the country than for the sake Of the public
works indicated in the bill he could do with good
science The question this bill question of the dis
trbuon of money from the Treasury and he again
soemnly protest against the principle of thus combining null
hnde OF local oectshe improvement of small rivers and the
opening OF little harbors and similar bill,
merely for the sake OF carrying that which, the ground Of
its merit, could not pass either House Of Congress
One Administration was on the Of going out Of
power while another the dawn of its advent The party
which going out had into power the avowcd prn
cpe of the popey Of works Of internal improvement by the
General Government The party coming into power had,
from the days Of General Jackson downward been dsn-
gushed by its incorporating opposition the whole system
with but very few exceptions Yet what spectacle did the
Senate Chamber present at this moment If this bill should
pass, it would pass by Democratic than Wing votes.
And Mr. Med. knew any thing Of the President who
be in Tomorrow and he thought he did, for he had
served with him in the other House for years. he could
with truth that there who in his public
had been ieconcaby hostile this SYSTEM in all
its forms and throughout its DISCUSSES He trusted that gene
would not these last Of expiring Congress,
ecptatey rush upon thus ndscreet and extrava
Andrew jackson derived large glory which
encced his from the fact that he had arrested this
system by his And if there which in
tain portion Of this country had reflected credit the pre-
sent Administration than any other it the veto of John
Tyler this very bill Mr. Med. predicted that should this
bill be repeated at the session, would matter Of
course receive from the coming President like commentary
Mr. Med not only opposed the principle Of the bill as
wrong IN ITSELF but he opposed its large appropriation pr
cipes of national economy. An economical expenditure Of
public money had inscribed the of the party
to which he belonged of the leading maxms OF its
hey Now what the present condition of the Treasury
and what it likely be for years come He called
upon the chairman of the Committee Finance (M EvASs)
state the Senate what would be the probable Of
for the coming year. and whether likely to be
such would justify the appropriation OF nearly two millions
not at all necessary and which could only be justified by the
existence of an overlooking Treasury Mr. McD.s own opin
ion that if the of imports to be regulated
by that Of exports the imports Of duable articles during the
next twelve months would be from twenty thirty millions
less than during the last year Admitting the crop
be much increased yet at the present price of cotton
om four to six cents pound the exports Of the country
were not likely to exceed forty millions of dollars and every
fnancer and intelligent merchant know that the imports
could largely exceed them The minds of gentlemen
carried away by deluson growing out Of the large amount
of imports and of during the past year That delu
sion would be removed by brief explanation Of financial
experience during the years last passed During the first
after the passage of the tariff of lS42 the revenue, in
stead of increasing had been expected had suffered great
reduction All astonkhcd at this and predictions were
confidently made that the and of the
try permanently destroyed but those who understood
the subject better told them the time that this reduction
only temporary And why Because twenty three millions
twenty millions beyond the exports, fact which had never
happened before Down the year 1912 the amount Of
specie exported equal to that imported The general i'm
ports Of s43 amounted fifty Millions twenty Of which
consisted Of specie What the natural result The i'm
portaon of much specie naturally produced proportional
expansion Of the currency The banks discounted freely and
actually begging planters to borrow money their
ing crops The twenty millions Of specie imported produced
fifty millions of circulating medium This raised the prices OF
produce, and great stimulus Imports and accordingly
the next had great and unparalleled increase of
venue. But this not to be counted on permanent
thing 1t subject fucuaion and to reaction like the
motions of pendulum and he would venture to predict that
they had been during the past eight months Under these
circumstances and under this state of things that the
Senate called upon make cxtravagant appro
paon for works Of internal improvement than they had
done before and that too by his Democratic friends He
treated them look the condition Of the revenue and
bring back into the sgraceu position had been
reduced of hawking about degraded bonds the money
markets of Europe and suffering the national humiliation Of
seeing American securities bearing their face interest Of
per cent contemptuousy refused while English bonds
sold readily with an interest Of but three.
The question put reporting the bill to the Sc
nate and it passed in the affirmative by yeas and nays
! follows Yeas 81, nay H.
The question being then put Shall the bill be read
third time :"
Mr. McDUFFIE rose and said that he constituted by
nature to be afraid Of placing himself in minority
and he would here before the Senate and the couny that
by the just given carried by Democratic votes, he
sdered the Jackson party having broken its SEAL
| and it might dispense
The question being put the bill read third time and
| passed.
| Mr. FOSTER proposed that the Senate now 60 into Elk
| ecutive session.
Mr.. CRTrTENDEN thought it would be better to get
through with the business that renamed and leave the Ex
ecutivc session to the last hour.
Mr. EVANS reminded the Senate that they had whole
week. three weeks for Executive business yet before
them, that there could be necessity for pressing
Mr. WALKER said that there Executive business be-
fore the Senate which ought TO be completed before the adj
journment
! Mr.. BENTON hoped the Senate would continue their
business Was there any nominee of the present Admins
ation, he asked, who afraid let his nomination lie
over Did the gentleman to take a snapudgmcnt be-
fore the President into Office II there he such