The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-16
THRTIETH CONGRESS-.
FIRST SESSION.

senate.
WAsHINGroN, July a. 1S48.
AZ An incident to tho business of the morniug
hour, tie
OFFICIAL REroRTEn OF THE SENATE
was proposed as a subject for examination, as fol-
lows
Mr.. NILES moved that the committee on the con.
Nhgent expenses OF the Senate inquire whether the
proceedings and debates of the Senate have been
faithfully executed according to contract and not
why NOT, and neither the arrangement answers the
purpose fr which 1t was intended, and, if necessary
TO report some measure to remedy the evil
M. mar; NILES Inc resolution explained ITSELF sir !
the time like the Senator from Missouri (Col Benton)
entirely opposed to this arrangement did not then,
ana have not since given attention to the terms of the
contract but think qures that the reports
laid on our tables the following day Whether this
done or not the Senate well informed There
reports of any value whatever of the Senate to 10
feund now in the morning papers Looking at one Of
ths city papers Of this morning sir hnd that it con-
Ans eleven columns Of the proceedings of the House
yesterday and one half column Of the Senate, and
that Of no value whatever To all real practical in
senate are suppressed. We might well sit with
closed doors. Our official reports may be useful to
value perhaps, the historian but for ali prcsen
purposes, they are absolutely null and void The
sson Is nov nearly closed and the public have been
kept almost carefully in ignorance Of what we have
been doing.
Mr.. CLAYTON hoped the resolution would lie over till
Tomorrow.
Mr.. FooTE objected the resolution because it i'm
Piled want Of faithfulness by the reporter Of the
senate to the obig atoms Of his contract The DELAY
in the printing The d. bates attributable to Sena
tors emseives in revising and re revising their
speeches he resolution lies over
BRANCH MINIS cHARLEsroN.
Mr. Dickinson called up the bill for the establish
ment Of mandatory of United States coins in the
city Of New York.
The bill read through.
Mr.. DicKISsoS briefly explained the bill II was the
same ~ that introduced by his colleague two years
ago and similar TO that which passed the House at the
last sessi0n.
Mr.. BurLEs moved to amend by inserting clause
fer the hment Of branch mint also at Charles
ton, In South Carolina.
Mr.. BADGER opposed the bin--the mint at New York
and the mint at Charleston He argued that there
necessity for either To be sure, the erection
OF another splendid edhcs. like the Custom House in
thscity of New York would be desirable addition to
the city, every thing is which contributes to its
grace beauty and attractiveness. But all such
siderntions weigh but little in any great measure Of
public policy. Neither the necessities of the treasury
nor OF exchanges, require mint at New York or at
Charleston. The mint at Daho1ega established
because of its convenience TO the gold mines where
the excsvated and worked up and the in
creased facilities of intercourse such that the
istng Ents could supply all the wants of the country
MIR. DICKINSON replied, urging the expedency of
mint 1t New ork account of the vast amount Of
foreign coins coming into the city in trade and
changes, and with the emigrations from abroad Here
the advantages and the necessities Of mint ap
parent Emigrsnts and merchants could at go
into the mint change their foreign for Ameri-
coin saving them the expense nd inconvenie nee
Of transportation to Philadelphia MIR. Dickinson in
regard 20 the ame ndment proposed for the mint at
Charleston, would prefer that II had been left to stan
Mr.. Nnrs would look at this measure simply as it
merce Of The country. New York is the great COM
nercial centre If the Union, in every respect phe
whole trade and commerce of the country there
commerce, exchanges, emigration all centre in New
York The amount of its business in these relations
b. yond conception and 1t is constantly increas-
ing what, cir, has been going at New York for
the Last Fix months, WHY sir ten millions of specie
have gone out of that port in business exchan ges or
mercantile opera ions abroad Where did all this spe-
Gle come from. sir IL from all parts of the
country The balance of trade IL always in favor of
New York Two-thirds Of the revenue sir are collect
al
they are collected in specie. How necessary then,
sir 70 have n mint at New York whore tbs foreignn
osins coming into the country can at once without
unseccssa'y expense, be exchanged into American
coin
Charleston from its vicinity TO the mines sc and
AZ Charleston vas In good company with New York,
he would prefer that the two min IL should 20
MT Dir ably ustained and enlarged upon. the argu-
meDts ofNr Dickinson and Mr.. Niles. and spoke OF
the adaptation Of the specie system to the wants Of
trade and exchanges though until lately IL had bee
caiedby many the fpecie bumbug. lie pleaded also
that the great mass Of foreign gold coin which
nes inert ~ 70 much bullion in the New York Banks
would, IN the establishment Of a mint be thrown at
once into the general circulation
MIR Barern did not intend to consider the merits OF
the specie bunbug but would condne himself to
tho mint bumbug The mint at PHILADELPHIA could
easily be made to answer All the purposes Of mint at
New York. Agents fer the transportation of specie
between the two points. as far required for ex-
changes, could be employed by the government at
three four thousand dollars year. The subtrea-
could be- authorized 10 receive foreign coins up-
DIR the most advantageous regulations in Now York
and they, with authorized medium Of transporta-
toD TO and from Philadelphia could command all the
Advantage Of a mint in New Yerk itself A mint in
Now York would command an expenditure Of or
$500 coo fer building; then would follow IT, annual
cost its patronage, &C He would support the amend
Dent for n mint al Charleston, because he believed
IL ~ much called for mint at New York; but as
be believed be-" 'esfary, he should oppose the
no
hliehment Of n mint at
Ference Of exchanges
and the foreign
'>diate circula-
" Of New