New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-23


Mr.. GROW Cppored the sending forth of al ire
deemable paper currency. There being potnipg IN
the Treasury to redeem the ssus 1t would but ada 10
the evils which now prevail, He favored loan
which would bring forth the so 900 900 OF coin now in
secret unemployed and waiting for safe In
vestDeDt
were not in the nature Of bank notes. The bill, In
effect proposed loan. In reply to Mr. Grow he ssd
that the position of that gentleman was an apt ilusra
ton Of the old adage that IAN ap9sta'e Christian Is
worse than ten Turks" Laughter
Mr.. GROW-Do you not consider my views on cur
rercy good Democracy
Mf. SMITH cor graduate the gentleman on that
single rem nant Of his pact Democratic career Lsugn
MIR. GROW-Yor consider sound on everything,
but On the question whether the Territories shHi ps
occupied by white instead Of black men. Laughter
Mr.. SMITH, judge the gsntlemans Democracy
MIR. RITCHIE-Mr. Smith having alluded to him,
he said the Piesden. in his Message merely spoke 70
the necessity Of small loan, and OF hard money, but
the repo OF the Secretary of the Treasury showed
demard for twenty millions OF treasury notes was
he justified the other day in saying tha' there wers
two sets of Democrats in favor VI fpece ana ms
MIR Mr.. HOUSTON called Mr.. Richie 70 order the lat;
ter continuing to speak eIcitedly meanwhile, auld
much confusion.
tlemsn to repeat bis threat. Sensation
Mr, RITClIIE-I made nons only said thH
occupied the floor by the courtesy of the gentleman
from Virginia and denied the light OF the gsnuemsn
from Ala5sms 10 call me to order
AR. SAITH said the gentleman from Pents ylv ANA
had only made dig at the Denocranc party
Mr. RITCHIE-Is not my inference a tair one :
| Mr.. SMITH-NO! ain surprised that such remarks
| should come fron g statesman from whom We
had right to expect better thngs should IKE 70
know what the gentleman from Msssaohu.ess ne tn
other side of the Hall
Mr. BANKS-The Democracy of the Constitution.
Mr. SMITH-Tbat kind which would let the Uaon
slide ard which seeks equality ofthe races by aosorP
ton. Laughter the Democratic sidel And dd not
the eentlean from Ilroia cay that the Constl-
tuition was worthle ss-hke rotton rags
Mr. LONEJOY--No.
nv the peculiar manner Of the response I Then
acknowledge that have done the gentleman wrong
am glad that he is sitting under tbs American has'
and will adhere to the Constitution Of hs country
Mr.. ADRIEN supported the bill and replied to the
objections made against it.
Mr. MORRIS Pa regarded this measure as an
ATTEMPT to return to the policy with when inc u2VeIn
me Mt commenced, namely; TO secure q suoh.i CuI'
,encv He was In favor Of National Bank, with GER
tain re- strictons such Gen. jackson SAD might De
established and was therefore gsd that the President
had adopted Of the principles oil inc Ola wing
Air. CLANCY JONES having replied to the va
rious objections urged against the Dill showea ho NO
cessy Of its passage in consequence Oh conmefvla,
reyrlsops. The mode proposed was ,1io Dro' 80
La. oh;ectiopable form OF loan. The Treasury
wanted money at the cheapest possible rates 1t was
not proposed issue these notes as currency mas
be en- charged but which to borrow the soia anu
silver TO meet the present exigenclee. ,,,
The various amendments were then discussed
Mr. BANKSS proposition 10 raise an smoun, NOT
exceeding $50 GOO 0OO by the issue Of stock redeem.
able in one year. rejected by vote oil 20 ass'nS'
lob.
Tie Committee then rose.
Tie senate bill was passed without amendment;
Yeas, lis; Nsys, 81. o. ,.,ssd
a. So ;oirt resolution that when both Houses
aSouIr tom orrow. it be till the 4sh Ct January Ad
| iourned.