New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-21
uo1rsF OF ALTERNATIVES.

HOTTIE OF REPRESENTATIVES,.
The House resumed the consideration OF M ns
rstts resolution providing for the appointment o. a
is o. ynrnittes 20 take into confederation all papers
On the subject of railroad to the Pdclnc.
MIR. BARKSDAIE made an un'uccess1 nn nie'on !"
tsbIe the resolution. The vote was "a to-
'Ssvsrs ucder ts questions determined by yea
Sn Mr. roy FLORENCE said that the House had syi,
5ence that no pood csme OF sitting on Saturoay ns
iben made an irefls ctual motion 10 ADJOURN; .
The subject was passed over, ana I L, hou'' "'"'
into Ccmmittee On ihe Treasury Mole Dul Il
Mr. CLANCY JONES exp lance Inc pr bssetosops
rssseo under both Democratic and hlg hununS SUI
Ans He would eDoeavor 10 geta voie upon ~
nv RICHIE called attention TO the iac .ns. 'iiei T
az two sets Of Demo crate: one tneorshcsi wno W."
hs nothing but geld and silver aud the other Pracu
raj Who will have anything they can ge' "ho no"
ask for Treasury notes ...u.o.u a. oil t;o,s,
VA assered that the resort to Treasury notes was OF
SnhtfrI exnedency and dangerous IN prlncipIe, anu
Sould never be ADOPTED If any other measure vi iene
could be obtained II Is not true rotes Thsye
neyer was a period al which loan coud DC eneVteu,
a;tber for large or email sums, for snort OF ions
time better than now as me cou S K hi smsndsd
srhoyizng the issue of Treasury notes ony 10 case
sbs be fourd imprsctioabls to effect ioaI on Wv
eTomept stock bearing Elk per cent interest," inc
n.te sun borrowed NOT TO exceed twenty nhilons
T;rcumgtsnces are different from those wnen the
the note bill Of 1916 was passed. iheie was '"'"
NJ COBB Of Ala 6ntenupting) remarked hat
ybarc was a prospect Of war with the Mormons'
Mr. RANKS replied that there was here areBresehe-
Alive from Utah, with ths same standipg 'nat Hn.
Conf hae and therefore il could not be sad thst we
are AT war with Uisb; but there was specS OF war
Ia another direction Laughterl, from wncn tne Ao,
ministration could rot be relieved py inc Ssue VI
Ar. MIILSON argued that Congress ought 70 pre-
far 10 sunply the public necessities by treasury notes.
rather than by loans for long period. There may %
no ecessty for resorting to loan; but az ins nui
when threatened by deficiency IN the revenues y a
;mnortsu that the public credit should Dc mantshea
Gr. BISHOP supported the bid, on the ground ,aa.
sba notes would 20 into circulation ana De useu as
medium of exchange. Itwould meet the necessities Oh
GoyeIpuent and benefit the business oil tne couhuy,
bieh Is not in as prosperous condition as Inc pahks
ssc'ibod IL may 90 true that there 10 more money
MAN ever In the country bat it is not available snd
he mir. Bishop would DC glad II the senuema1 IRON
Nstss ,hugstts would point ont where II may DC louu
Mr.. DAVIS Nd opposed the bill. Ihele vas no
period fixed wien the notes can be presented tor rs
demptOn and they would therefore continue 10 esca
lAton ilredeomaola currency based on the Iatn o.
ihe Gnyernmelt. The striking down OF oauks III tue
countfy being recommended 10 the Pfesldents Mes
sage, II may be that the Issue OF twenty milens 0.
Treasury notes is designed to Gil vod-tne domnsnt
party 20 make and substitute the paper OF tue
freasuIy fer The pepper Of The banks.
The Committee then rosa aud the House adjourned