Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1847-01-30
MONDAY, JANUARY 25, ls47.
IN SENATE.

the bill from the House to authorize loan and the issue Of
Treasury notes.
Mr. LEWIS moved that the Senate proceed to the consd
Grafton Of the above BILL observing that urgent necessity
existed for the immediate passage of this bill The means Of
the Government present contracted, and this measure
required to afford the necessary relief.
Mr.. BENTON said that although he was anxious to pro-
coed with the army bill yet the chairman of the Commit
tee Finance desired that this subject should be taken up
he would yield precedence to his bill as It was deemed inds
pensabe that it should be acted on Immediately.
Mr. SPEIGHT observed that the proper motion would be
to postpone the present order and to take the loan bill
Mr.. HUNTINGTON said he had no disposition to inter-
fIe with the early and prompt consideration Of this bill but
bill of considerable Importance and il had but just
been reported and he very much doubted whether its poy
understood by the Senate generally Unless his
honorable friend the chairman of the Committee Finance
believed that there absolute necessity for the passage
of the bill today-uness the necessity urgent that
day delay would be Of fatal consequence the Admnslra
on lie could not why they should not have the ordinary
privilege of giving to this bill examination such bills of
minor importance entitled to, of day at least This
usual and it highly important he thought, in the
of this bill especially but if the chairman Of the Com
mee Finance meant to be understood saying that it
Indispensable to the public service that the bill should be
acted to-day and that if deferred public credit would
tain injury public faith be violated of he would
waive all objections and that the Senate should pro-
coed at once, though time allowed them for exam
nation.
Mr. LEWIS said that in relation the necessity for speedy
action this BILL he authorized by the Secretary OF
the Treasury to make strong appeal could be made
The bill brought to the Senate Friday last and mme
diaey referred the committee, and such examination given
to ii as the time would permit of Saturday and this morn
and he hoped, the OF such pressing i'm
portance, that would be proceeded with whoat delay
Mr.. EVANS said he confessed that he greatly regretted
that the honorable chairman of the Committee Finance
and other gentlemen that side of the chamber de-
that this matter should be pressed forward without
moments time for consideration He had occasion very often
before remark that bills of this description, which required
very careful examination hurried precpatey through
the Senate. They always happened to at moment
when the public exgences required that they should not be
delayed for single day. He hoped that delay of twenty
four hours would not very seriously embanass the Admins
raton He understood the honorable chairman, at the meet
ing of the committee say that would not be pressed until
Tomorrow IN which he had not intended to offer OBJ
lection throw any obstacle in the way of the immediate
ton of the Senate upon but his engagements for the last
four five days had been such that he had had oppo
tuniy read the bill He going oppose the
passage of the bill ultimately, but he wished opportunity
inquire into the condition Of the Treasury and ascertain
the occasion of its being in such condition demand the
immediate passage of this He hoped that the chair
man of the Committee Finance would explain the SEN
ate why it was that the public Treasury in such
amenabe condition represented by gentlemen that
side He hoped the bill would be allowed lie until
and he would then be prepared to say few words
in relation to it.
Mr. SPEIGHT said that if this was bill that had been
thrust upon the Senate this morning original PROPOSE
on there might be for the arguments Of the
honorable Senator from Maine but he would ask honorable
Senator Dill had he had
not had ample opportunity for weeks past of examining
The bill printed in the House of Representatives,
where discussed and passed. and every Senator had had
time to make up his mind and TO acquant himself with the
principles of the bill The honorable Senator had said that
such bills always to them at time when they told
that the exigences of the Government required that they
should be speedily passed He asked the Senator if he did
himself know that the necessities of the Treasury were
such demand that this bill should be passed with all
speed and there before the committee requsion
in black and white from the Secretary of the Treasury that
effect and he asked him, moreover, there any
principle in the bill differing from bills Of similar
Mr. EVANS said that, in reply to the first inquiry Of the
honorable Senator, whether this bill had not been printed to
his knowledge two weeks ago. he had to tell him The
bill laid upon the table Of the Senate only half an hour
The Senator also inquired he believed, whether the
bill had been discussed in the House Of Representatives
Though out Of order refer TO what had been done in the
House Of Representatives. yet the rule broken every
day. and the Senator had referred to it. he would tell
him Tint the bill had not been discussed there at all that
there had been opportunity say word about it. The
question asked by the Senator was if he did not know
of his personal knowledge that the Treasury want
Of this money and that the bill must therefore, be speedily
passed As this be would that he could hardly deny
but he did not think that the honorable Senator from Mis-
sissppi, or the honorable chairman of the Committee on Fl
nance, ought to offer any such for pressing the
at this time The why he could not deny was
that among the last things he had said to the Senate the
last session of Congress was that the first bill that they
would be obliged to bring this session would be bill to
borrow money. He foresaw it many months ago; he pre-
Hi ne tnem ney would nave 10 DorTOW money
But the gentleman then said that the Treasury provided
for that they had ample supply their wants until
the month oJune next that they bad provided ample means
and that their financial policy going to be most successful
But it seemed not to have proved successful gentlemen
supposed and therefore, though he bound to that
he did know for he had foreseen what their necessities
would be- yet he did not think it sounded well coming
from the gentleman that sde that the necessities of the
Government were so pressing not to admit of moments
delay and he repeated now what he said then, that this bill
should have been the very first to be brought in.
The Secretary Of the Treasury told them the 9th Of
December last not that he would be likely be in want Of
money but that there would probably be deficiency in June
loan would be early in the spring Why could the Sec
would be He not himself Of opinion then that the
matter could be deferred and he had told the chairman Of
the COMMITTEES Finance, early the session, that his first
business TO look out for revenues and begged him do
IT, He had expressed that opinion several occasions and
he would add that he thought this bill ought have passed
the House OF Representatives long before this time but he
did not mean to say that ought be hurried through here
without an opportunity to examine it, He did complain
Of the honorable chairman Of the Finance committee but Of
the general Of business which allowed so TO
muae their hands that il cut off all opportunity for the
proper consideration of important subjects when presented
All that he asked was to have day look into this
He did not know that the honorable Senator had asked
him any questions which he had answered The Senator
however, had spoken Of something which had been laid before
the committee in black and white, from the Secretary. He
not be Intercepted what he had from the
Secretary, for he did consider himself at liberty speak
Of it unless il communicated to the Senate by the
chairman Of the committee.