The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1857-12-26

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shsll be found in,practicable to effect
loan on Government Stock bearing sir
per cent. interest, the aggregate sum bor-
ruwed not to exceed twenty millions Of
dollars. Circumstances are different now
than they were when the note bill Of Is
46 was passed. There YES then war
with Mexico.
Mr.. Cobb, intefT.r'',.g. rei4aiaGcd that
there was q prusp 81 u. war with the
Mormons.
Mr.. Banks repliea ,has there was here
representation t.oua ;.ial. With Tic same
standing that .ir. Cobb had, and there
fore it could not lc said that We arc at
war with Utah; Tut there was a prospect
of war in another direction from which
the administration could not be relieved
by the issue of treasury notes.
Mr. Davis, of Nd, opposed the bill.
There was no pcriodf fixed when the notes
can be presented for redemption, ard
they would therefore continue in circula-
ton as irredcemable currency, based on
the fact of the government. The stri-
king down of banks in the country being
recommended by the Presidents Mess
age, it may be that the issue of twenty
millions Of dollars in treasury not,s is
designed to fill void The dominant par
ty mean to make aud substitute the pa
per Of the treasury for the paper of the
! bankf.
The Committee then arose. and the
House adjourncd.
Dec. Il --SENATE.-Thc Senate ad-
opted joint resolution BY a vote Of 81
to II, providing that when the Houses
adjourned on Wednesday, it be to the
4th Of January.
Mr.. Wilson introduced the bill gran
ting million Of acres Of land for the ben
eft Of public schools in the District OF
Columbia.
PR Bislcr made q long speech in vim
dca,ion of the Presidents policy in
Kansas, as developed in a portion of the
Message. A leangthy debate ensued be.
tween him and Mr. Douglas, after which
the Senate passed the House resolution
to pay the arrearases of tho members at
the commencement instead of the end OF
the session, and $3.50 per month during
the session Adjourned.
HoUsE.--The House resumed thu
the consideration of the Treasury Notc
bill. MM ..a........
Mr.. Abbott, of Nc, spoke in opposi
ton.
A leangthy debate ensned, in which
Messrs. Letcher. Campbell, Quitman ant
Boyce participated, the two latter arow
ing themselves in favor Of direct tax
alton and free trade.
The Committee rose and the Senate
Treasury Note bill was referred to comit
tee on Ways and Means, .
A resolution was passed limiting TIL
debate on the subject to two hours, to
morrow.
Mr.. Warren asked, bnt did not Obtain
leave to introduce preamble that where
as it appears from the proclamation Q
Brigham Young, late Governor of Utah
and from the Presidents Message, tbs
said territory is now in open rebellion
arsinst the Government of the Unite
States, therefore, Rcsolred, That tn
TNuin!ilttIG On 1eIiltJi1ts bc ihNti Nv Az
to consider and report Oil the facts. an,
inquire into the propsicty of excluding
from the seat on the floor Of the hous
the delegate from that Territory. TIL
House then adjourned.
MIR. Douglas has ordered t~ent
. thoCsand copies Of his speech. The re
nubli,aus have ordered one hundrc,
thousay,. copies.
The Pres ;dcnt ha, positively refuse
to reserve Coy. Walkers letter, OF pre-
nit it to be Gied among the archieve
Of the goyernm ent. We're he to do SO
he SAYS he should COON be flooded wit
similar documents FROM C, cry subordln
ate officer who might be d. missed o
should take a notion 10 resign. I'VE
McKeon, Of New York, he fears, .'alsh
want to fIe protest.