Portage sentinel. [volume] (Ravenna, Ohio) 1845-1854, 1850-04-29

the Committee on Finance be instructed
10 enquire what measure it may be most
exoedienl 10 adopt to facilitate and increase
the coinage Of the United States. Mr.. w.
his Resolution in some brief re-
marks By the existing law million of
coin was allowed 10 ba placed in the mint
to be exchanged for bullion, and much in
C nvenience had been experienced Of late
in consequence of the insulficiency of this
sum to NEE, the requirements of the busi-
ness Of the mint, in consequence OF the
time consumed here. Before bullion !eil
at the mint can be transformed TO coin,
much of it was likely 10 60 to Eng land for
coinage, when large amounts Of c,in could
be procured from the Bank Of England
within twenly-four hours after the deposit
of the bullion. Many orders for sending
gold to England had already begun 10 be
made. There was said 10 be now in The
mint eight millions Of bullion awaiting
coinage. There was in the Treasury Of
the United States about nine millions Of
bullion and coin, thus making on amount
of SIG, 100000 lying idle, state Of things
injurious to the business Of the county,
Having thus stated 10 the Senate the facts,
Mr. W. commenced on the necessity of
some action in the premises, and asked the
adoption of the Resolution.
MIR Downs approved Of all that Mr.
Wsbster said, and submitted some remarks
in relation to the circumstances growing
out of the Sub Treasury at New Orleans,
and the failure Of his successor to qualify.
He referred also to the necessity for an ad-
dilional force in the assaying department
in that city.
Mr. Hunter said the subject was under
the consideration Of the Committee on FL
nance. He said one great cause of the
delays complained of was the separation Of
the alloy from the gold CT California.
Mr. Cooper submitted few remarks in
explanation of The causes Of delay at the
Philadelphia Mint. They did not arise
from the inadequacy Of the Mint to any
service which might be required OF it. 1t
was fully competent to coin all the bullion
that might be sent to it.
MIR Mangum expressed himself strongly
of the conviction that mint should be in
New York He also suggested the neces-
sity and propristy Of establishing an assay
ing office in California.
Mr. Dawson suggested the propriety of
providing for the deposte of the public
money in New Orleans in some safe Bank.
MIR Davis objected to this proposition.
The deposite Of tine public funds in Bank
in his State, would be considered decidedly
unsafe. The Sub Treasury system N
New Orleans, had worked admirably, and
he hoped there was no disposition to change
that system, instead Of remejying its tri.
fling defects.
Mr. Dawson denied any design to sug.
gesl the renewal of the old Bank issue
Ills suggestion was made simply with the
view to call out from the Senate some tan.
gble propositions, calculated temporarily
to relieve the people Of New Orleans from
the anomalous condition resulting from the
absence Of Sub Treasury. He hoped
that some measure of on immediate tenn
porary relief would not be defeated by any
attempt to arouse party produces on an old
party issue. If the Suo Treasury was
found to work we'll he was ready to assist
tue C0lIulOT LOulSlouu " lVnoSA ~
more perfect.
Mr. Hun,er submitted some remarks
against the Banking system, and in favor
Of The Sub Treasury.
Mr. Davis followed with some remarks
upon the President, for having failed to ap-
point q successor to the late Sub Treasurer
at New Orleans, and intinated The suspic-
ion that this noh-ac,ion might be part Of
q scheme to result in the abandonment of
the Sub Treasury system.
NJ Dawson defended the Administration
from the imputalion. The difficulty had
arisen from the amount Of bonds required
from the Sub Treasurer. 1t was not to be
expected that the Treasury Department,
would have felt authorized to reduce the
amount of bonds when the sum placed in
the hands Of the Treasurer have greatly
increased. The President sent to the SEN
ale tho nomination Of Sub Treasurer, on
the 18th Of March, and whose fault was it,
that the nomination was not taken up until
the 10Th of April? He called upon Mr. d.
to withdraw the impu.a:ion.
Mr Downs denied any attempt to pur.
sue the President, and regretted that the
Senator from Georgia had verified the
Scripture. "'The wicked feeth when no
man pursueth."
After some further consideration the
Resolution was adopted.
The Senate then went into Executive
Session, and shortly after adjourned.
HousE-Mr Evans, of Me-, asked to
be, and was excused from sitting on the
Ewing Committee. The vacancy was or.
dered to be filled.
Air Ashman reported a Bill, giving fur
ther remedies to patentees.
Reports from Committees were received.
Mr. Howard, Cenn., On Indian Affairs,
reported a Resolution, which was adopted,
instructing the Committee on Military At.
fairs TO enquire into the expediency of fur.
lher increasing the army, by raising anoth-
er Regiment, to carry out the Treaty of
Stipulations 9Th Mexico, and to protect
the frontiers.
MIR. Ewing from the Military Commit.
tee, reported a joint resolution, giving con.
structinns 10 various acts relating 10 Boun
ty Lands, and Extra pay 10 soldiers who
served in Il o Mexican War, SO that an
h 'nora5le discharge may mean any dis
charge not for dere!ection or crime. He
stated that there were many petitions be.
fore the Committee, showing that soldiers