Weekly national intelligencer., 1848-06-03


books in the Department has presented difficulty which they
have been able to overcome though the committee enter
tain doubt that with lime and opportunity compare those
books the differences between them could be accounted for
econcled will be remarked, too, that the greatest dis
crepancy in the books in reference the Of stock
issued in funding Treasury notes. and therefore cannot affect
the result OF he general statement by which the deficiency
the Treasury asceianed for if the stock issued
to fund Treasury notes greater than that assumed by the
committee In their calculations the OF Treasury notes
outstanding must Of necessity be diminished to exactly the
same amount and the summing up Of the whole will be
affected thereby Both constitute part of the public debt
both have been charged avas accrng the Treasury
and the increase of the and the dmnuon of the other
adds more place than deducs in another and pro-
duces no change whatever in the final result
1t must be ecolecied, too, that for the of 63
taken into this calculation interest paid during the first
quarter of the present fiscal year. committee had no po-
sitve data 70 rely upon but the in the
taIy,s report then reened to- embraced interest," and the
committee bdng unable TO discover any other amount that
could appropriately be applied to that statement they assumed
the aforesaid Jun to have been paid for interest
There are various other in the diff rent statements
which compoe the Secretary report but which the commit
tee will not now take time to notice. With the view Of
giving the Secretary Of the Treasury opportunity Of
recng any srors which may have been inadvertently
mitted, and having the finances Of the Government
recy and plainly stated and brought down the termination
Of the year, your committee respectfully submit
the following resolutions
Resolved That the Secretary of the Treasury be and he
convenient statement of the duties revenues and public
pendites durg the last and the present fiscal years. ending
June So is4S Exclusive Of trust funds according to the form
OF statement A. in the last annual report OF the Secretary spe
cng particularly and keeping separate the stock issued
specie deposited and that issued in funding Treasury notes.
and noting what of said stock issued under the
of July 22 what under the of January 49,
lSi and what amount under acts prior July 22 1916
spectively.
Resoed That the Secretary of the Treasury be and he is
hereby required furnish this House with statement the
public debt on the ph day Of June, Isis and such other
the present fiscal year required by the 22d section of the
act Of January 2S SAL entitled An authorizing the issue
Of Treasury notes, lsan, and for other purposes, to be fur
nished at the commencement OF each session.
Resolved, That be recommended to the Secretary of the
Treasury in making his annual statements the finances
the session. to make those statements
close and embrace period tme the
stances of the reiders it practicable do.
Reoed, That the Committee Printing be instructed
inquire into the expectancy printing thousand copies
of the report the Committee Public Expenditures on the
report OF the Secretary of the Treasury.
The foregoing porand resolutions being before the House
for its consideration
Mr. BEDINGER sail that until the present session. the
Committee Public Expenditures had been considered gene
rally he believed certainly by him, nuity At the
last session, if he rightly informed that committee had
had single meeting. But all of sudden this
mitee seemed TO have sprung into great Importance From
doing next to nothing, ornohing a ALL it had suddenly
menced elaborate attack the official report of the Sece
ary of the Treasury Thu report prepared by the committee
contains some hrty-nine forty pages The simple history
report, far Mr. B. knew it, that this elaborate
report had been made and adopted by the committee before the
Secretary Of the Treasury had the slightest idea that any such
thing was going Laughter, and cries Of "Ah, indeed
what a shame ~
Mr. b. said that what he had to ask of the House was
that the report might not be ordered be printed vet
but that time should first be allowed for the making Of mi
norty report.
Mr. B. admitted that he had received some notice of some
thing OF the kind there had been committee appointed
by the committee of which bcommttee he was appointed
n md hp hadh af he
mee generally, but not Of the Subcommittee he had not
even known where the committee itself had be had
the least idea that report abored to be offered in the
House by that committee; but suddenly sprung the
committee, and had been al adopted He wanted fur
ther time for the preparation Of report and with
this view he would move that the report be recommitted.
Mr.. COBB, Of Georgia, suggested modification of the
motion so as to print the report Of the minority Of the COM
miee, and let both reports go the country together
Mr. STROHM said that The report he had suDmed the
House had been ordered by the Committee Public Expen
ditues in the Treasury Department. The minority of the
committee had had ample time to prepare any paper they
wished TO submit. The gentleman himself, from Virginia,
who had just sken his seat had had the many report in
his hands for two weeks with full opportunity
anime yet he complained of the report having been
sprung srdden and asked for time TO make minority
report IL the House thought that further time ought be
allowed they would Of grant it, If the report
tanned, asserted errors, there had certainly
been sufficient time 10 expose then Mr. s. would not say
that there H. but thing he entirely
Of and hat that the Secreay report contained
few. That document would be found to be full Of
The report from the committee attack upon the
Secretary, but simply fair examination and exposition of the
be found in his official report the country
The gentleman from Virginia mistaken in saying that
the last session Of Congress the committee bad
all they had had meetings and sundy matters had been
ferred TO them by order OF the House
Mr. COBB, of Georgia asked whether the gen enan from
Pennsylvania would have any objection that the minority and
majority report should 20 together The printing Of the
majority report would be delayed single hour. The mi
noty report would be ready the Of eight
days, and that and than the public
printers would be able up. What could the gentle
man find to object against such an arrangement
Mr.. STROHM replied he did not know that for himself he
had any particular Objection
Mr.. COBB, Gn his sea) inierposing, said he hoped
would be done.
Mr.. STR0HM Continuing his reply) said he had stated
the time that the minority Of the committee had had to make
counter report and he would leave with the House TO de-
eide whether they would defer the printing to give the mir
nonty time
Mr.. HUDSON said il seemed to him that the motion sug
gcsted by the gentleman from Georgia (Mr. CoBB) was
very singular motion to print document which was
yet prepared He presumed that when the minority Of
that committee should make report there would be no dis
position the part Of the House suppress but the idea
Of ordering document TO be printed which not in
existence seemed 10 him extraordinary indeed and very
Objectionable When report presented, and motion
was made 10 print competent for any gentleman to call
for its reading and the reading would enable the House TO
judge whether il suitable to be printed or not But how
could they call upon the House document which
was not yet in excnce-whch would perhaps be written by
somebody at some future period The question was an en-
trey different the House could no, judge until the re-
unr xas ha