The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-07-18


of Francis Lebesn, and others, and j. w. Taylor,
and others; which request was sgrssd 10.
A message received from the House Of Rep
reseniatiyes announcing that said House had passed
sundry bills.
Mr.. FAIRFIELD, from the Committee on Naval
Affairs reported bill for the relief of Michael Han
sen, accompanied by report, which was ordered
to be printed
Mr.. ArCHlSON, from the Committee on PEN
sions, submitted adverse report upon the petition
of Benjamin l.. Lucas. ..
A message in writing was received from the
President Of the United States
SALE or MINERAL LANDS.
Mr.. CASS rose and said that he had been pre-
vented during the present week. by the tendency Of
other business, from calling up for action, the bill
authorizing the sale Of the mineral lands, in accord
anee with notice heretofore given by him, and ex
pressed the hope that the Senate would on next
Monday after the transaction of the morning bust
ness, be ready to take up the bill referred TO.
the RDEPEsDEET TREASURY.
The following resolution, submitted yesterday
by MIR. ALLEN came up for consideration;
Rs,ossd That Immediately after the pending special or
better organization Of the treasury and for the collection
safe keeping transfer and disbursement OF the public rev
enue shall be the special order at u o'clock from day to
day until disposed o.
Mr.. WEBSTER observed that h, had no choice
TO preference of business, but he hoped that the
resolution would be modified by the senator from
Ohio so as to constitute notice merely. He (Mr.
| w J knew Of no precedent for such resolution.
Mr.. LEWIS observed that Immediately after the
treasury note bill shall be disposed Of he designed
10 call the independent treasury bill each day i'm.
mediately after Ss morning business had been dis
posed Of
Mr.. ALLEN said that il such was the intention
ofthe chairman Of the Committee Finance, he
did not desire the adoption Of the resolution,
A motion To lay the resolution on the table was
then made and agreed to.
ISSUE or IREAsrRY NOTES.
On motion of Mr. LEWIS, the Senate resumed
the consideration Of the bill authorizing the issue OF
treasury notes and loan. The question pending
being upon the amendment submitted by MIR BEN
TON, striking out the following clause in the LIST
ton Of the bill, viz: "and in place Of such Of the
same as may be redeemed, TO cause others TO be
| issued"
Mr. NILES expressed himself in favor Of the bill.
| Though concurring in the general remarks Of the
senator from Missouri, Mr.. BFsros,l yet he could
not vote for the amendment because he thought that
it would impair the efficacy Of the measure.
| Mr. J. M CLAYTON made few remarks in
favor Of the amendment to which he would give his
support on the grounds stated by the senator from
| Missouri.
Mr.. EVANS then made few remarks in refuta-
ton OF the objections urged by the senator from
Missouri against the bill in its present form, and
showed that the grounds which he founded his
amendment were iallaciouB. The amendment would
entirely defeat the purposes Of the bill. similar
provision had rendered the act Of 1887 entirely
/ less.
| Mr.. MILLER objected to the bill in toto
! Mr.. CALHOUN, after few remarks in explana-
ton and defence OF the provisions Of the BILL and in
opposition 10 the views Of the senator from Missouri,
in support Of his amendment, said: do not wish It
be understood that have departed in the slightest
degree from the opinion expressed in the early part
| nj hratk N
] for war was TO establish good system Of finance.
1 The only proper way Of meeting the expenses of a
war, is by taxation That is at once the least bur-
densome, and the most honest method. But there
| good system OF taxation, your borrowing must be
upon the most usuri6us IL II shall turn out,
when meet here in December next, that ex-
| penditures have greatly oyerrun the income and
! the loan, even the most prompt action will
not enable the government TO borrow but at a
very high rate. The only possible excuse, in my
opinion, for not having organized at this session
an adequate system Of taxation are two FIRST, be-
cause we have got into the suddenly and unex-
pectedly; and, secondly, because impression has
prevailed that the war may be very short one. |
trust that the war may turn out to be short one,
i for II II be not a short war; II will prove n
most expensive war; and, in proportion to its ex-
pense, 1t will prove Of the most onerous wars
ever waged. The very fact that the money has to
be spent in another country, and upon the most dis
tant frontier, will make given amount of expend-
ture, vastly more Oppressive than II the money
expended within borders; and the truth Of this
/ will be felt should the unfortunately continue
which hope il will not. But really, MIR. President
| can offer excuse why duties have not been laid
on coffee and tea. Ii was clearly right-it was so
evidently proper as tax, even in peace-so pre-em-
nently proper in time of war, that, in my opinion,
no apology for not imposing that tax can be offered.
The fact that we have not resorted to it, will be
| tributed to motive, IN my opinion, well calculated
TO shake the credit of the nation, should loans be
cessary. II will be supposed that we are afraid to
meet the moneyed responsibility of wharf.-the only
great responsibility Of a country war in modern
times. There is responsibility in getting men,
in getting volunteers. We have the largest body of
ardent, patriotic, enterprisng youth in the world in
proportion to our population-anxous to rush into
| war--of which we have had ample testimony
Thousands have hocked 10 your standard who
could not be permitted to become volunteers. The
struggle was not who should remain, but who
should go forth TO defend the country. The respon-
sibilty is, to meet the expense; and think no
apology can be offered for the neglect in providing
| means to meet that expense by imposing tax upon
the two articles which have named. | make this
declaration to free myself from any responsibility on
account of that neglect do trust that bill will be
introduced before the end of the session. to impose
this duty. 1t is due to the country as well as to
ourselves.
Mr.. WEBSTER expressed himself in opposition
to the amendment, because it was calculated to de-
feat the main object of the bill.
/ Mr.. BENTON. While the debate has been going
on this morning, have taken the trouble to look
over the acts passed during the late war with Great
Britain for the issue of treasury notes. These acts
were six in number, and they were the first is
sued under the authority Of this government--so
slow were the founders of this government to COM
mence the business of issuing paper. | have look
ed over the whole Of these acts, and not of them
contains clause Of reissue; and every one of them
Il n which and hat
is provision for the payment Of the notes. The
last Of the six acts authorizes the funding of the
notes; that the whole of the six acts first passed
by Congress for the issue of treasury notes differed
from this BILL first, in the great feature of not being
reasonable, and next, in the provision which is made
for the paymen, Of the notes. The act of 1887
followed the old acts; but this departs from them
all and, in that respect, is condemned by the wis.,
dom of ancestors. The clause ia the bill, as it
now stands, is in these words:
THAT the President Of the United State, hereby au
thorzed to treasury notes to be issued for