The daily union. [volume] (Washington [D.C.]) 1845-1857, 1848-07-21

Gande he repeated had been throughout recognised as
the nghtiul boundary of Texas and the temporary oee,
patton Of eh portions Of 1enaS nhere me Meri6a"S hed
POSSESSION al the commencement Of the uar and tohee Mey
reTe reduced 10 SUBMISSION, justified 6y me fd~S %
oar and necessity and he said that neither TINS enpoa
~ and martial possession, the concession thai texas
had held actual possession, could be regarded as
violation OF her State sovereignty, or an Impeachment OF
her claim TO the Rio Grande as her western boundary
What will be thought now, SAID Mr. Mel, oil TINS mrade
about conquerng portion OF our own territory uhder
the circumstances OF this IS precisely what was
done And what of this enormlty OF trying man Tor
treason by a military power! Had Zen hearhys civi
government been authorized by the laws OF war; the
crime OF treason proper might have had place AS was
what that government termed treason was nsuIfecuoh'
rebellion, treason de faeto, and could be punished by mar
tal law.
Mr. Mel. said that this a hurried view OF the
case; but he submitted that it full reutatlon OF the
charges rung upon the President and his regal preoga
ves, and proclamations and constitutions grand lu
res and bills of Indictments gambling licences, nc,
&cand all his paraphernalia of assumed and unauthor
lied power.
Mr. Mel next advered to the financial statements in
the message The party startled to find that alter
all their eXavagan predictions and calculations. Inc
public debt amounted TO than sXtyfive millions
They had told the country that the costing the
people half million a day. And now, when the true
state OF the fact came out they were astounded ana sal
down TO cpherng But they might go on and cipher as
long they pleased the people would well understand
the distinction between national debt and the expend
lures for the war. just well they did the difference
between wing estimates and the facts.
The gentleman from Georgia says:
The President told the House, and meant the nation to
or s mons He said sha, ahe ene
debt was but sixy-ive millions Yes, but there was
only gave round sums This made the war debt about
$40 900 900 only But there had been besides ten
stated by the President and they made $50 Now
add 10 this the 600 we to pay Mexico and our
standing balances be less than $50 This
added makes Sl0oeoooo And then add the charge upon
more and we have the sum Of at least S2O 900 900 as the
of the war, instead of $50 GEO. 900, inmated And
all this was our indemnity for the past "
Now the effect of these remarks Mr. Mel said, was
question the veracty Of the government indeed such
the issue, in terms of bitter denuncatlon presented
10 this House. What says the President in his mes
sage
the public debt amounted million hun
bred and eghyeight thousand seven hundred and ninety
nine dollars and slxy-two cents In consequence OF the
with Mexico it has been necessarily increased and
now amounts to sixty-fve million seven hundred and
thousand four hundred and fifty dollars and
foryone cents, including the stock and treasury notes
which may yet be issued under the of January 2s 1877
act act Of March 81, isis.
an addition 10 the amount of the debt the treaty spu-
twelve millions of dollars shall be paid Mexico,
in four equal annual nsalments Of three millions each
the first which will fall due on the Both day OF May 1919
The treaty also puates that the United States shall as
sumo and pay to our own citizens the claims already
quidaed and decided against the Mexican republic and
ernment,' 80 an amount not exceeding three and one,
czsns Of the United States against Mexico decided by
the joint board of commissioners under the convention
between the United States and Mexico of the llrh of April
1889, amounted two million and tweny,six thousand
hundred and thirty inc dollars and sixyelght cents
n sts Three Of them have been paid to the
claimants by the Mexican government, and two by the
siluidaed amount assumed by the United States, the
million five hundred and nineteen thousand six hun
dred four dollars and seventysix CENTS together witt,
the interes, thereon These iqudaed
and unqudated claims assumed by the United States, il
without the OF STOCK the
any additional public debt"
| Now, said Mr.. Mel. here is a confusion of actual
debt with expenditures proper and the estimated eXpend
of gentlemen the other side The country had
lost all confidence In the estimates OF gentlemen IN
opposition. Neither their estimates OF accrung revenue
nor of expenditures, were respected. What was now
thought of the wing estimates OF receipts under the tariff
of 1916? Their estimates false as those which
fix the expenses OF the war at hundred and fifty mil
lions of dollars that it is closed, or which estimated
its cost at half million per day when 1t commenced
What the facs' DO they sustain the President, OF
the gentleman from Georgia. The annexed statement
March, 1886 the amount since paid the balance OF the
debt due the 18th of March remaining unpaid and the
debt incurred since, up to the Goth of June, 1S4s:
FIsAscrs UsrrEp srArEs.-Amousr Pup,c DEnr.
Debt MeA A. Paid J.se 40 Bs. =, s"g Pc q
old iundeddebt s7e,46o So ss7ass 40 sns,ls7 Il
Treasury notes issued
during the of 1912 4aI7 4sl7 a.
Certificates of Mississippi
Debt Of the corporate CT.
of the District of
Columbia at 81 per CT,
per goth May, 1886,
payable $4,000 per
mum 100000 90 10000 90 100000 On
Outstanding treas. notes
of the issues of 1887 to
1913 l,2A,779 >? lO77,ls9 81 I67 $50 81
Treasury notes issued
prior to 22d July, lsa6,
funded under the act
2sth Jan. ISl7 Iath sec
ton, payment 3lst Dec.
1867 las7as 90
Loan July, ls4l,
| payable 3lst December,
| isi4 2lO,sla 81 2lO,sla %
Loan of 10th April, Is42,
CT, payable 3lst
December, 1862 S,3l3SS6 03 S279y3S6 0.
Loan OF Sd March, ls.3,
| per cent, payable LIST
| July, 1883 660a23l IS 6,6oa23 81
| Sl7,7ss,799 o. 81, 525 46s % SIC, 327 $50 81
Loan of 22d July, ls4s, at per cent.
payable 18th November, 1856 $4999.it 40
Loan Of 2sth January, lsi7, at per
cent, payable 3lst December, 1867 1850, 272 90
Stock issued in payment Of the fourth
and fifth instruments of the Mexican
indemnity, at per cent, per of
10th August, 1876, payable after 9th