New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-02-17
coHesPoaieaee Of The Tribune

Correspondents Of The Tribune
"AsHiscIos FeJ IS. isss.
Inc CHi0n y0a see IS splr-isg the Loco FOco
members 70 answering Mr. VI,TOss mastery ex.
position q the financial condition Of the Govern
msDt + complains that they are slow aad threat
ens, Ia case 10 member Of the House vii under
take reply Itself gill euter the lists and denosh
Mr NIsroS. "Abste thy rage great Duke
lt would BE- awkward ior me 10 be snuibiis,ed
without knowing anything sboat IT, Mr. WEB
SIR said 10 bis reply 70 Mr.. CALHoUS some years
since. Whether Mr. YiSToS vii encounter such
an auuihilsti if tne Cni0n attacks him We will
not. IN advance undertake 70 say bot one thing il
certain, al the anuihusti0n he receives from such
quarter or from any Loco FOco. viii be a. 1ncon-
scous one. j. vii be equally uniet by I'm and
unseen By others.
The Uai0a acknowledges by implication. that
It IL the Administration party who protract the pas
sage Of the Loan biil-for none Of them undertake
10 reigte Mr.. NINToSs argument. nor propose
substitute for bolseriDg tue sinking credit Of the
Government. II Is many days since Mr. NlSroS
held up o the House and country the true but mel
ancholy condition Of the finances. His speech has
been published and spread before the eye Of every
member OF the House. Every member has had
time o. examine It's details, - detect any naccura
cy. and 20 expose any inconsistency. misstatement
Or unsound conclusion. Why has II not been done
Il is not incumbent upon the Wing members OF
Congress % defend the President 10 u not for them
20 explain to the country why cur Treasury, 50
pleth0ric a few years since. has become by the
treatment of pol Sangrados 50 wholly PROSTATE
Bat l. IS duty they owe themselves aud their
constituents % give the reasons why they vote %
plunge the country so much deeper IN debt, &C
c1mu ating load 1t will take many years Of pru.
dence and economy 70 remove. The people do not
wish 20 be taxed without knowing the wherefore.
Ii il therefore that they mostly voted today %
continue the discussion. They wished the people
to know the sad alternative presented 10 their
Representatives by the culpabe conduct Of the
AdmnistrGtion-either to suffer the credit Of the
Government to be destroyed. or 20 impose new and
onerOus burdens upon the labor and industry o. the
country They were outvoted. The Loco FOcos.
backed By some That should have been ours carried
resolution that all debate on the Loan bill should
cease tomorrow at 2 O'Clock. The decision IL 20 be
regretted new debts 10 De incurred hastily with
out the proper provision for payment. To the Ad
misistration party must be ascribed the entire
responsibility Of difficulty In the negotiation Of the
loan
Above have stated that Mr. ViSros's speech
had not been answered The declaration was made
before the close Of proceedings in the House. But
nothing that occurred there to-day makes al expis
nation necessary. Mr.. HOUsTOS OF Alabama rose,
as he said with the purpose Of answering Mr
NIsToN. but probably forgot bis intention IN
commencing his speech. He did not answer what
Mr. NINTOS said. but what he did not say. NJ
HOUsTOS is one Of the Decemvirate Of Loco. Foco
ism in the House. il was Triumvirste at the
commencement Of the session. but by the admis
sion OF new asprants TO the Leadership has been
subdivided and includes twelve. In the division
Of the various provinces, among the cOnspirators
Of thought speech. delivery attitude and all that
goes to the formation Of proper orator, Nj Hous
- a 81 far
tions-his colleagues, however, left him what they
were too shrewd 70 retain, large vocabulary OF
useless words. He has not discovered the cheat
bat throws out his words as if there was some real
value attached to them
The men Of acknowledged ability IN the party
such as MCKAY. COBB RHETr. McDOwALL, &c
could not bat have regretted that the defence Of
their position should have been assumed by one 50
incapable OF maintaining t.
Some wag who noted that Mr. HOUsTON drank
freely Of water as he Orafed remarked that II was
the first time he ever knew OF a wiadmM propelled
by 'cGter
Mr. HuDsoN of Mass. followed Mr. HoUsIoS in
order but not in argument. He made one Of his best
practical and instructive speeches and was atten
lively listened %. The pouring out OF the House
discontinued during his speech, and by the time he
got fairly under weigh. re- pectable audience had
assembled. lie raised a decided laugh at HCUs
TONS expense by stating that he had expected
from nm something ike an since ne hhn
been informed that he lHoUsToS) had been STEPPING
with Mr. Secy. WALKER during his three weeks
preparation Of bis speech. IL was sleep, how
ever, Mr.. HUDSON perhaps thought, that like Rip
Van Wrinkles, had removed far from him all
knowledge of the transactions between his sleep
ing and waking hours
Mr. HUDsON's argument was close, logical, and
emlnenty satisfactory. 1t told upon the House.
When published. il will do much 70 produce
healthy, sound opinion among the thinking null
ttude.
Mr. NIcoLL Of n. Y. City, followed in speech
ofno little ingenuity. He labored hard to reiute
Mir VINToS-an1 though not successful, showed
what he might have done under more proptlous
circumstances. His speech was temperate one
not hatant like HOUsTOSs nor asinine like those OF
his party generally. OF course, he defended the
conduct OF the Administration. " For this, among
the rest. he ordained but IN the very At
tempt he could not fail 10 show how dlsagreeab.e
and repulsve was bis rsle. He spoke like one,
labOring 10 convince himself
Its said that Gen. MCKAY regrets the haste
with which the House has determined 10 stop lar
ther debate on this q1esiion. He wished 10 give his
views 20 the country And well he may because,
if a vote be taken with Mr. NINrONs positions aud
calculations little disturbed whatever be the re-
suit of the vote the effect Of the discussion upon
the country will be most disastrous 70 bis party.
Mr. NINTON will obtain q verdict without the IGry
leaving their seAts-the defence 50 far OF the Adj
ministration has been 50 weak 50 almost aban-
doued.
Such is the powerful sentiment here in this re.
gard that it IS seriously contemplated by some OF
the leading Locos this evening TO move 20 morrow
a reconsideration Of the vote by which the debate
was determined to be stopped II made, however
doubt if the motion can be carried. The Locos
themselves have precipitated the vote-they alone
should abide its threatening consequences
have farther confirmation Of what ] wrote
Friday 10 relation to the letter in CIPHER Capt. Gil
lespie bore Col. Fremont. | cannot now conceal
my fears that what / then stated was the uniortg'
nate truth.
Things In Philadelphia.
CorIespoudence Of The Tribune.