Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1846-08-06


to consume nothing of foreign growth or manufac-
turc, where domestic could be obtained
The committee then aud the House adjourn
ed
Saturday August. LIST
SENATE-The Sub-Treasury Bill came up on
the question of passing the bill
Mr. Webster was entitled to the floor, and before
commencing the argument, made allusion to a
statement in the Union, either showing love of
deception or great Ignorance The Union says
that under the new tariff bill, foreign goods are to
be appraised Eat their actual market value in our
ports in New York or Phadephia-noi at Can.
ton or Manchester"
Mr. Webster remarked that more egregious er-
ror had never been committed than this Exactly
the reverse Of the statement made sirue The
rule is that the goods shall be appraised al their
market value in the principal markets Of the coun-
try whence the importation shall have been made,
or in which the goods shall have been originally
manufactured or produced, as the case may be-
Mr. Webster thought the official paper should be
more careful in making such statements.
! Mr. Webster pronounced the bill imperative mud
embarrassing. Those who expected revenue under
the tariff OF lS46 expected augmented mportations;
but this bill took away the basis Of banks, and Of
circulation, and Of business 1t was severe in its
operation upon banks aud upon business. The
treasury notes would mitigate these operations
| sDuleNlht, nui u WQulu NC necessary 70 hHfp ohl
treasury notes as long as this system was in oper.
alton. Mr. Webster here expressed his surprise
THAT the treasury notes before authorized by Con-
gress had not been issued lie learned there had
been no issues, and he supposed the design was to
keep them back until the government was entirely
destitute Of other means This seemed TO him an
entirely mistaken policy. The Warehouslng Bill
Mr. Webster supposed, would speedily become n
law. and il had important bearing upon the
| aayiaa Or haf, There could
not be any very large amount Of duties between
this and December next The goods imported
would be put in warehouse, aud those already im-
ported would be sent out and brought in under the
new revenue law. Duties would have to be re-
funded. The new tariff was to 90 into operation
in December, and under this bill all duiics would
be paid in specie after December next lie sub
mitted therefore, that this greatly cal
culated to embarass the administration IN its dis
bursement Of the public monies Does any one Of
these gentlemen upon the other side believe the pub.
lie money now unsafe Do they believe that the
bill will afford any additional securities in the col
lection Of the public revenue The only response
he should have would be the monosy liable Gay" up
on the passage Of the bill. Gentlemen must know
that the effect Of this measure would be disastrous
upon the commerce and business Of the county
Mr. Webster said he had heard of Polk Dallas
and the Tariff OF 1872 and he had heard Of" Down
with the Tariff Of 1912" but he had never expect.
ed to see Polk, Dallas, and the old and dead Sub
Treasury. (Laughter.)
Mr. Webster said he would suggest postpone.
ment ofthe question. He thought the tariff bill
quite sufficient experiment for Que session. Nh
Webster thought the title of the bill should be "An
act TO embarrass the administration in the disburse.
ment of the public money"
Mr. Crittenden admired the perseverance and
courage which had brought forward this measure
The conclave Of party. the edic of party, the Bat
more Convention, had decreed that this measure
should pass. Gentlemen could not but know their
tate in doing what they were now attempting -
Gentlemen who thought that they were dlyoroinq
the government from the banks seemed not to be
aware that they were dyorcing themselves from
the government This was a contamination de.
voutly TO be wished. but though small prophet. he
would venture to predict that this would come IL a
more clumsy ill-considered measure had no~sr been
framed planned than this bill. BY its operations
one half Of the specie Of the country would have TO
be kept in the railroads aud steamboats,, and the
other half would be locked up and useless The
time would come when the people would say
whether the, wanted divorce or not. To them this
ub-Treasury an old subject, and they knew
it well. He took it for granted that it was pass
and that as we had the upper mil stone Of free trade
we should have the neither mill stone OF the Sub
Treasury. This would be necessary produce the
grind
The debate was continued by Messrs. Miles
Speighi and Calhoun in lcvor of The bill, and by
Messrs Evans Simmons, Miller and Crittenden
against il.
The question was then called, and the SUB.
TREASURY BILL was passed, 2S to 25
The important amendments TO this bill make al
necessary that it should go back 10 the House.
The following are the Senate yeas and nays upon
the bill
Yeas--Messrs. Allen, Ashley. Atehison, Alher-
ton, Bagby, Benton, Breese, Bright, Calhoun,
Cameron, Cass, Chalmers, Dickinson, Dix, Fair.
field, Hannegan. Houston, Lewis, Niles, Penny
hacker, Rusk, Semple, Sewer, Speighi, Sturgeon,
Turney, Westcot, Yulce-2s
Nays-Messrs Archer Barrow, Berrion, Cilley,
John NJ. Clayton, Thomas Clayton, Corwin, Crit
tenden, Davis, Dayton, Evans, Greene, Huntington,
Jarnagn, johnson, of La, Johnson OF Md, Man
gum, Miller, Morehead, Pearce, Phelps, Simmons,
Upham, Webster, Woodbrdge-25.