The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-04-04
House OF Representatives.

WASHINGTON, April .. 1876.
The House met Mt eleven O'Clock Prayer by the
chaplain. The reading of the journal dispensed with
sell into Committee Of tine Whole the State OF the
Union, hr Daniel in the chair) and resumed the con-
sidcration OF the bill to establish the
CONSTITUTIONAL, INDEPENDENT on sun.rRrAsu.y
Mt DAVIS, o. kentucky, continued his reparks from
yesterday In opposition TO the bill; declaring that
mixed circulation OF specie and paper convertible into
gold and silver, the best Currency we had this
now and ne WIS., therefore, to disturbing this
ana saiu,ary state Of things by SUD trea
quences which he conceived would result from the
opera OF TINS measure, producing the bus
ana commerce oil the country, by subtractng
nall OF the specie from its legitimate purposesdepre
cs,s bank paper and making the precious tails an
article Of merchandise. Price and swarwout were
nothing but they deposited the public
money 20 their own credit and 1t could drawn out
oy them as any time The banks were not, in these
cases he custodiers, but the individuals
nat were lock and key to person dish onestly in
cined twas lille to contend that individual agents
government nothing; but one proposed oud be ex
pensse IN the multiplication Of ofcers salaries and
sPohs ana the transportation OF specie wagons with
guards and agents, from end OF the counry TO the
otnst Inc elect oil the measure wons BESIDES create
i've currencies Ono spurious, the other sousd-cne de-
Prsciaied the other at premium.
Mr. DRoMsooLr (of the COMMITTEES of Ways and
Msahs, who reported the blD paid his respects to
gentlemen in opposition, who preceded him They had
looked upon the preamble proposed by him AZ csca-
iae 10 encourage thieves ana robbers TO plumber tho
pushc treasury. Hine ia~ iachvymS! That the
ment they hsd better embody their lamentations in a
istie book as they have banshed not to Patmos
orfo ~ Helena bat TO the head of Salt river
tLsuKhter Prop riy, the bill was divided into two
parts VIZ the trst related TO the collection and safe
keeping OF the public moneys the second to the me-
dun ~ who they snail be collected, and some mis-
cslsnsous regulations He maintained that before
hnd after the formation OF the federal constitution
those VINO framed that instrument kept in view and
guarded against the public moneys being used Ia private
transactions, between the time oil their c.necton and
expenditure. II there consttut ionai objection
q nos "A of
trade sui the principle totally erroneous. The
colsction OF the in gold and silver strictly
epJoned Dy the constitution and there coUld be de-
parture from II without violating that instrument and II
would not produce the deleerous consequences appre
heraed by friend from Kentucky. As lar as war on
Intervention When you select deposits banks, and
make them avortes IL 10 to the injury Of the other
Danxs, and the patronage of those appalling Sir
'oett Feel had expressed the opinoR that there
sp1Vs enough TO carry the commercial AFFAIRS of the
world ana had SAID there IN world about four
nu1Iea and nfty millions In the United States we had
shunored millions Five millions would not ct any time
-. 20 WI ifom circulation Tue collections were not
ou,ueo up as gentlemen had asserted but TO DO
u.s. $50 Ana tns ouid tend 10 expand toe circuia
Dol contract q. As TO the ddic uity OF trans
foaHDs specie ~ wagons, We ali ifnsw that the facilities
mac Within me last lew years been greatly
noN specie transported all the world Ar could
MOI " All over tao uned states He hoasd tas nil
WOMB pas ~ triumphant majority of b3th branches
VI 1ohs ess' ~ would Do gratifying to Mr. Van Buren,
~ Ma ielament II was due people who had AZ.
claed themselves 10 its favor II would have tsodsn
cy TO Unite the democratic party more closely ana he
trusted that II would bright harbueer II harmo
ny all future occasions. -ss9g- = -'~
Mr.. MARTIN, Of Tennessee, (en minutes only remain
ing Of the time tor the aoor and asked who