New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-01-22
HOUSE OF REPRESENTATIVES,.

The House met at IA o'clock.
The SPEAKER announced the first business to be a
bill explanatory OF the Bounty Land Law OF Sept.
1851.
On motion pendi ing 10 refer the subject 10 Com
mitee OF the Whole, Mr. FIrcH said tne bill rssa
crude and imperfect one and that its passage was
totally unnecessary one having already passed aud
perhaps was now engrossed, Ia the Senate, making
Land Warrants assisna0e. lie took up several SEQ
tlons and condemned them.
Mr. CLARKE advocated an amendment, proposing
a uniform mode OF assignment, unCeT sueh reg1Ila.
tons as may be prescribed by the Secretary Of the
Interior, and urged the imperfectlOns OF the bill.
lie opposed, AS at present advised, to the pro-
vision for The issue OF a new batch OF Land War
rants.
The morning hour having expired the House went
into Committee OF the Whole on the State Of the
Union, on the Mexican Insallment bill
Mr. BAYLY stated the proceedings attending the
passage VI former bills making appropriations for
the pay ment of the Indemnity To Mexico aud which
encountered but little opposition IN the two Houses
BY the treaty OF GuacaiOupe llidalgo agreed 10
give Mexico $4,000, coo IN I'VE payments
The hTstwas IN hand and the other four in annual
instruments with interest. the first lnstallmen. was
mace by Secretary Walker with the apDrObaiOn Of
President Polk, By arrangement with the Banngs
who were to pay thethTee millions, and Mr. Walker
agreed TO pay the actual amount at par. AZ that
time Treasury Notes bore premium.
The second lnsta lment las also ne gotaied by Mr..
walker with the banngs. BY that arrangement he
PAID the money and allowed four per cent for con-
Quoting the Transaction. The third was paid under
Iitc4Otuk ldJAci doulUlbHdllOn ~ was lHtfubleu
20 Mr. LetcheT, our Minister 10 Mexico. After grea.
difficulty and at one time despaInng Of IN akng the
Arrangement, Mr.. LetcheT al last contracted with
HC|lBnd AspiDwali for million and half OF TINS
ILstalment at 8 per cent and the remainder OF IL
wlih The Ro!hsehds al 3. per cent. premium
IL The last session the MANAGEMENT Of the pay
msni VAS altered Tomthe Secretary Of the Ire isury
70 the Secretary Of State by direction OF President
TayloI's Cabinet. Howian1 d Asplnwall, the Bar.
rln9s, and COTcoran riggs Ofel cd & 70 conduct the
transaction at 81 per cent. At the time the contract
az m 4ftss a. Fhaf.
Secretary OF State The Rothschids had sed 10
give premium OF four per cent, bus ia the FIRST
tner they limited tie acceptance 20 The 2Oth Mag,
ana SAID that unless the arrangement was ma 70 they
would Withdraw the proposition subsequently,, Their
extended The time 10 the nTst OF July but Secretsry
Clayton CID not make the arrangement with them,
Al ~ the the terms II the proposition II was With.
drawn
The Only proposition, therefore before the secrs-
iagy OF safe at the lime the contract was made vas
we pfoiCsNlon OF Corcoran Riggs, Howlsnd &
Sspnxall and the BaTngs
Mr.. BATLY would here say that the arrangensn,
u secretary " eDster Was more advantageous Than
the 6esi one Of Secretary Walker aad hs proceeded
20 snow this. lie then SPOKE o, the prono,itlon of
Ben.sEln +. Green, which sas not enfertsiped. and
"hich' IN eject, would make the Government pay
per cent premium. Inis YVES not only The ~DTst
i!oPosNiOh, Dut II could not have been agreed 10
"Nhcu' new neaiy. The proportion cane be-
icFe the Executive with ark suspicion re ting upon
II, Which has increased from the time II vas u ide
20 me present Gay Secretary Clayton hal IN zoe 20
ION which the Mexican Government rej.c,ei-
W. heh was the Proposition made TO The Greeas
10 ensc' "nat Mexico had oeclindl He ailuceo &,
ie loss Of $275L 600 10 this cOuGiry IN 1874
ahc "Lie could not be satisfactorily accounted for.
~ "a one OF TIE inAtalments cue from Mexico, and
n connection with which Hsrgous and Co.. and
Nossi were mentioned. VINO was the agent en-
poytd On that OCCASION BeDJ amin Green. He
.beJ.V MlsLes but bad not time 10 go through siia
this tangled web of fraud and imposition lie bad
OccOptc seat on the bench and had seen mays
nan sent to the PenIientlary for less ofense than
ihe way that money vent. In conclusion, he in
Gull et m severe remaGks against Duff Green, saylag
among other things that Duf re- praise IS lite the
81 n OF kessus-consuning whom II covers
Nh GRAY read a letter from Duff Green, IN
which he says that he Was tod tina, II Was the
pufPo'e of bayly to make grave charge against as
son' with reference 20 the missing money above re.
tred TO, and IN the absence OF Benjamin Greea,
DIS ia,ner goes on to eXpai the transaction. affirm
ing nat his son had no control over the matter DO
fore the receipt for the draft Of Mexico given,
Green Lac been fuperceced By Minister Sh snnon.
y, SAID SIR. Gray, the records Of the State Depart
money was lost
NJ BAyLr assured the gentleman thai the lsssst