Juliet signal. [volume] (Juliet [i.e. Joliet], Ill.) 1844-1???, 1847-02-16
REMARKS OF MR.. CASS.
IN SENATE. -
TUESDAY,, Jan 26, Is47.

On the bill from the House authorizing
an issue of Treasury Notes, Loan,
/ and for other purposes. rex
Mr.. CASS saidi He rose to EXPIRE IS the
sincere hope, that this bill might be allow.
! ed to pass, and that it might be allowed to
pass without having any other proposition
attached 10 it. The crisis of the country
was inevitable /; and their hesitancy to
meet it, would injure them both al home
and abroad. He had this morning taken
the trouble to compare this act with the
acts for similar purpose of 1914. and
l637-and he might have continued the
Investigation with the intermediate acts,
but it was unnecessary-and he found in
those acts substantially the provisions of
the present one. There were some chan.
ges, but they were unimportant, and all
the acts went upon the same general prn-
ciPles-all guarded the treasury in the
same general way. He repeated the hope,
therefore, that this bill might be allowed
to pass substantially as it had passed the
House of Representatives.. He would re-
mark, that this was q complicated and diff.
ficult subject=-this subject of the revenue
this subject of providing for contribu-
tions to the public treasury-it was a vast
and complicated subject, and he was well
aware that they could not propose any bill,
in which ingenious and able men would
not find some prospective difficulty-some
lancied injury to the public. 1t was utter.
ly impossible TO avoid it. What should
they do then Let them 60 back to the
dictates OF experience. They would then
see that the loan was necessary. How
should they get it? The Pre- sident had
told them. There was no man among
them--he had listened with great pleasure
to the remarks of the honorable gentleman
from Maine--:here was no man among
them who understood the subject better
than he did. 1t was utterly impossible
that, with his knowledge, he might not find
some difficulty in any bill which might be
proposed. He did not, therefore, hazard
the assertion of saying that some Of the
| objections of the gentleman from Maine
might not be so well founded that he might
not make better. He submitted to gem
tlemen whether it was not better to take
the bill as it had stood from 1914 down TO
the present time, than to procrastiuate
with the hope of making hetter one. He
would not delay the Senate long yet
there were some remarks which he wish
ed to make. A good deal had been said
about the levying of specific tax, to
which he might refer. But the admins.
tration was responsible for the loan. They
had told them they would get it upon terms
to which they would willingly submit.
Mr.. EVANS. No
Mr.. Cas-. No, says the honorable
gentleman.
Mr.. Evans. Where do you find it
MIR. CAss. the terms of the call for
it by the administration. They might fail
to get it, but they had good reason to ex
pect it.. Circumstances might, however,
override events so that they would rot get
it. He knew that during the progress of
financial difficulties in England it became
necessary to combine every loan with a
| specific tax. Why Because that coun-
try was overloaded with expenses-in the
midst of tremendous war--a war almost
| against the whole civilized world-with a
debt out of oil manner of proportion
4 Hence it became necessary for them to
resort to the measures referred to. But
did any man believe that the faith Of this
great nation was not sufficient to raiss
this twenty7tbree millions? There was
no necessity even for levying tax upon
tea and coffee simultaneously with the pas
sage of this act. They could easily get it
! without. They had paid off TWO debts, &
they could pay off another. He was pre-
pared to levy any tax which the admins
4 traiion might deem necessary within the
limits ola wholesome discretion, of course
for the prosecution Of the war and it
seemed to him that if there was any SEN
ator among them-he did not believe there
i was one-.-who believed that such tax
would not meet ready support from the
country--he believed they entirely under
rated the patriotism of the people. He
believed that when the exertfons of the
country were called out by just and nee
essary war, the people were prepared to
submit to any measure which might be
deemed necessary to increase the reyen.
fues. He was willing, therefore, TO vote
for any tax which might be found necessa-
ry but the horora5l senator from Maine
--if he rightly secollected him--said on
yesterday thai they had thrown away taxes
upon tea, coffee, wine, and sundry other
articles. How thrown it way? They
had left them in the pockets of the people.
That was all the throwing away which
J there had been. But the remarks of.the
) honorable gentleman, yesterday, seemed
to convey reproach to the Secretary OF
Treasury, and he considered it a speci.
men of self-contradiction that he had ever
found and asked for a loan now, when be
had said in his annual report that he should
!. not want it until early in the spring. How