Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1846-06-11
CONGRESSIONAL PROCEED
INGS


mIueo on Finance, reported resolutions,
calling upon tho Pfes,dcn, to communicate
10 the Senate an estimate OF the available
resources of,he Treasury, cor the ensuing
fiscal yoar--ihe probable necessity for &c.
sorting TO n loan tho probable expense
ofa vigorous prosecution Of the war w,,b
McIieoIhc mean, proposed for an increase
Of rcvonuo--and oil oihcr Information tina,
hc may have IN relation TO the finances Of
the counify.
The resolutions were adopted, wi,hou,
oppos i,ion.
Mr. Houston called up the resolutions
heretofore unlimited ~ him, proposing n
vo.c Of thanks to Genetal Taylor and tho
A my.
Some discussion ensucd upon the foim
oflho resolutions, IN which Mcssrs. Hous.
ton, DIX, Speight, Sewer, Csss, and others,
took part; when the resolutions, together
with the resolution from the Honse on the
satnc sub Get, were referred 10 the Commit
zee on Miliiar affairs.
Mr. Crtcnden moved TO reconsider the
,.,e by which the resolutions reported from
the Committee on Finance were adopted,
which were agreed TO.
Mr. CsItlenden said that bis motive in
rskIac the consideration was, to offer IN
--.-S---. - - --.-i-.:--., Tho roso-
lrions, IS reported, looked only to a mod.
hcation OF the Tariff for an increase Of rev
cnue. lie desired TO amend them, 30 as to
call upon the Presden, for all his plans in
relation to the increase Of the resources Of
TIC Government, that tho Senate might
know whether he thought the modification
Of the Tariff The only necessary or feasible
plan.
Mr. Webster desired tha, the attention OF
the government, should DO called 10 the fact
that tho money market at this time was
greatly embarrassed, in consequence Of the
shipments Of specie from the Northern cit.
is to New Orleans, which, he thought,
was likely TO ion'c, good deal of mischief
Il was not for him to poin, out the means Of
relief, buthe would suggest to those having
the control Of the finances, that small ISIS
ne Of Treasury drafts would tend 10 relieve
the existing embarrassment. He desired TO
know from the Chairman Of the Finance
Comm"lce whether any thing was TO be
which were now so uncaqunl2
Mr. Lewis replied that he knew OF no
change contemplated in conducting the
transfers Of the funds of the government
Mr. Calhoun said be did not like tina, one
Senator should ca,cchlse another in this way
The cmIarras.ments spoken of were Incl
dent TO, and necessary IN state OF war -
Exchanges were against New York and
in favor Of New Orleans, and iha, was the
cause. |, could no, be avoided by Ma.
,,oaal Bank or any other means.
Mr. Webster said that the government,
mig ahJrc relief By proper adminis,ra.
ton Of the existing laws or by framing new
ones, He thought lha, q small issue of
Treasury notes would have the effect 10 al
lay ularm, 10 increase confidence, and to
facilitate exchanges II would not be nee
cssary in doing this 10 re y upon Treasury
notes Tor the support OF the war. All that
would be necessary would be 10 aid the
government in the transfer OF It's funds, and
for this purpose Treasury drafts would form
nm available means.
Mr. Niles was for vigorous application
Of the Sue Treasury sysiem--tha, was his
mode OF relief
Mr. Simmons thought lha, would only be
making bad worse
Mr. Davis was glad that the resolutions
had been brought forward. Ii was time
that the policy of the administration in ref,
crcncc 10 the existing war should be made
known. The policy laid gu, by the Presi,
den, and his friends, six months ago, had
reference only 10 a s,nte Of peace, and no,
to the prcsen, condition Of things
After some further remarks, ut tho sug.
gcs,on OF Mr. Cri,,cnden, the resolutions
were laid over until tomorrow.
The Senate then proceeded 10 the consid
Grafton Of Mr. Benton's resolution OF ins,ruc
lions 10 The Judiciary Committee, in rega I'd
to the Oregon bills which were yesterday
referred 10 them.
Mr. Webster suggested that no instruct.
ions should be given 10 the Committee
Tie had grea, confidence in the Committee,
and thought that the further consideration
ofthe whole subject could be properly aud
safely intrustcd TO their hands.
Mr. Crttonden thought nothing was 10
be gained by the instructions, and suggested
Audt INC IceOluNph Oc Iuiu up'n tue tiOIC.
Mr. Benton acqucsced, and the resolution
waI laid on the table accordingly
The Senate then went into Executive
session, during which nothing Of impor.
lance was transacted, and afterwards ad
lourncd.
Hortr The special order territorial
tIs'nes') was postponed until Thursday.
a resolution was adopted to terminate
the debate on the supplementary wnr bill a,
one o'clock today, but ii was subsequently
tcconsiderod, and two o'clock tomorrow
was finally sgrecd upon.
The bill was taken up in Committee Of
the Whole and debated a, considerable
length
Mr. Garta Davis considered some pan,
OF tins IN direct violation Of the conaitulior
and was opposed to an increase ofthe Gen
erals, as proposed by the bill He coulc