New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-11-10

ury on the
Is, June ll.475OOO dim in May. $4,000
10Th June $4,000 June 2l65 900
24th July 1.125,0O0 July, l.JcJOO0
9th August $4,000 Aug. 2l32O00
Dist sept i.tl5.OOO sept HrCD
Total dininuton in ; months 8 % 900
and it appears from the monthly statements OF The
Register OF Treasury that the amount OF outstand
ing Treasury Notes was as follows
lst August last 900 beng the remains OF oldissues
LIST Oct. 22i0000 Sept. 10000
Making the ezcess OF expenditures (oeyond receipts
for months I904,000
The ercess being the per OF q 6336G0
According 10 the Presidents Message 10 Congress last
December ihe receipts Tor the year ending 30th June
1915 were 500 600. II they the the present
wear il would appear that the Governments expendng
money the OF S5lCC0OO0 per annum. But pay
mcuts arc probably, not made fast a. debts are in
Cured il may think, De fairly estimated that pre-
sent annual expenses ri least double the revenue
that Is 10 say. at least S60O00,OOO.
30 that result il that the Government tor the last
yeInonts has been paying the rate of 90 millions per
aInum or twice the amount OF the revenue and this
does include the outstanding claims.
An tbs il to he met. and how is il to be met
Congress has given authority to the Secretary the
Treasury to issue Treasury notes and 10 effect loan
The have been issued and the loan has been ap
piled for-a u high rate OF interest per cent-but
the existing debts not above pa! II doubtful whether
the new issue can be obtained on favorable terms.
and here appears the a5surdty OF the Sub-Treusury
scheme And must say that il Government were to
itself to work most eiectuay 10 thwart lis own
financial il could contrive better means
than the Sub-Trcasury for that purpose. Government
Tor instance asks for loan and obtains IL from the
capitalists In January next il requires another loan OF
say ten millions all 10 be paid IN specie. Where Will II
be found II would require all the specie IN Newly ork
and Boston 10 make up the AZ the matter now
stands the scheme Is impraduriblc; by ts operntion
iicarred into effect the wheels OF Government would
be- clogged the Administration would be ohsructed
upon il own course and Government, would be de-
prived of all means OF action.
1t i agreed by all that the Administration not at
present remarkably strong IA financial affairs. t7sin.
consideration the present war-and IL seems 10 be
pretty certain that il will be hard work rather an up
hill business carry that And provided that
dollar which Government gets Is locked up as ~
CURED by the Sub.lreasury act the machine VIII soon
come 10 stand still.
Gentlemen let me refer you TO the Tariff. That CUES
ton was the which operated largely in the
NewNo rk Election In Counties where for years
before had not been able To secure majority any
where the Wings have now maJoritcs in every town
and district The Tariff Law SO j. found strike
directly the Labor OF the country and the interests OF
Labor. Prolonged cheering. have asked II friend OF
mine what caused the remarkable change IN his district
in Newly and he replied that his was not an gricu
tura but Manufacturing District and the new Jaw was
death blow nearly all It's interests 50 OF nearly al
places where Manufactures are established
Mr. Chairman. it is the Mexican War, the Iarii; Of
1916 and the Presidential Netoes which have produced
the great changes we see around US.
sir there are surprises which have been sprung
People OF
The first was the nomination OF Nh Polk al the Balt
more Conventon-ior surely people was less pre-
pared Tor any great than this people Tor that nom
nation (Appause) When the event was hrs; made
known, YOU all aware, the great question Was
Who under Heaven is James X. Polk - But party
allegiance strong, that it overcanc the surprise.
sand convinced the people that Slr Polk was an es-
peciB III 10 maintain and support the Interests
OF the and the interests of in par
ticu!Hr. tLaughter)
The second surprise was the Mexican War Who ex
tho PM Of fn,ay Il
exist according the Presidents deciart Our army
then in critical condition had then, gentlemen
occasion be absent from Congress and al home
anticipating such o! things. The bill which
YOU have so often heard referred passed the th
fourteen members voting aeans, II IN the House and
the Senate. And upon hat ground was i pass
ed Surely. the part OF the Wings that the country
unexpectedly in sts'e OF war-thsi our army was
in exposed sItuAtion-Rnd that II was absolutely
necessary sustain them. arrived in Washington
lew DAYS aitsrwRrC and never did hear the suggestion
from anybody that a Tor that bill involved sp-
proyal OF The OF the administration Never did
hear of such thing then.
Your excellent Representative-thAn whom very few
men, indeed enjoy more the esteem. respect and conf
dence Q. the great Whig party OF the United States
tremendous cheering, one who voted Tor the BILL!
The opposition 10 it. and TO him springs up here and
where else The members the liberty loving State
Vermont those from Cunnecucu-are they accused:
And Amos Abbott IRON your third dsIrict-ls there
voice raised agsins; him Mr. Ninton OF Ohio. one OF
the able, intelligent and influential members o!
Congress. and Tor whom every Wing member would
this dsy with all his heart cast us vote Tor Speaker
WAS any thing said against him Not one word
Fellow citizens crisved sorry; that this late
tine clanor should be raised against your member for
his that occasion do not think II quite tairit
is reasonable nor justiti- not a. al Ike Boston
LGrca, appreciation
Sir We i've in a day OF uncommon prosperity Heav-
has been gracious beyond our hopes. We have
been blessed with health. Education has doUrished-
Commerce snd Agriculture are prosperous We have
an enterprisine and thriving population. But M
Chairman sometimes leads 20 discomfort and
am airsid that something OF that the with
While sdrit that 10 the genial influences OF our
climate the character OF soil the energy PEG
pie much OF this prosperity IS Owing cannot shut my
ewes 10 the that The protective power al these
carrying onward honor and renovn-is the Con
Suturcn OF the United States A tremendous burst OF
cheers And il therefore, vsa the greatest
tina, hear any suggestions OF dong sway With that
strumen: Renewed shouts l entertain such
counsel iCheers) am for taking the Constitution
our fathers LEFT snd standing by II snd dying BY
IL Vehement cheers. agree tina, Il mas been VIOLA
ted The admission OF TcNss-gaother Siayenoldins
Stale-Tss violation OF the Constitution But how
was inst accomplished would indulge n do birtsr
expressions sggins; Southern brethren They had
education, and habit ana prejudice ali sustain them
IN their course. But what shall say 10 those Mem
bers OF Congress from the Nor;h-frorn New Hanlp
shire and Connecticut and Maine-who voted for II -
How they acted ami why they acted : alnos,
terly incomprehensible. How they have since been
jscted BY the People, = comprehensive enough
daughter.
agree inst the annexation OF Texas struck blow
The influence oil ieS sctnt;ons- New glSDd might
have prevented u II she would but her people would
no, De reused Thank God did not sluraber that
danger. (Cheeringl
But il the Constitution De yioigied-what Is duryf
Tn destroy II To cast asideI Surely not But 70
renorste sna restore il To be alive 70 our own
dunes under II and more earnest in performing them.
If we are true To ourselves let re say 10 you there
never be another annexation OF slave territory 20 this
TTnion ,,ndsr heaven Never-never (Vociierous plau
The existing L s SIS have is teGs to 1n and were r;
x-arEa f-ze- n n
rilliops he other day for 6s having 10 years 10 ran This
loan il was 81 pposed might be taken Al PAT and NE e1
.,ng 6s were lower n eonssGusnee-aRd were 9uo'su
atPsr.