Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1857-12-21
WAsHINeroN, saturdaY, Dec. ID.
SENATE


tories.
WASHINGTON, Saturday, Dec, 10.
SENATE.
MIR. Crittenden submitted a resolution for
increasing the rates of the tariff of March,
1857, ond also for the substitution of the sys-
TEN OF home valuations Laid over
The Senate then resumed the consideration
of the treasury note bill.
Mr.. Wilson said the closing of the thirty
fourth Congress was devoted to depicting the
treasury, and they were now, at the COM
mencement of the thirty. 6fth, trying to fill
the treasury, which was now empty. He
called attention to some facts connected with
the expenditures of the government. He
thought Congress should revise the tariff, SO
as to restore the duties onFiron, cotton. and
wooden goods, to whore they were by the tar
iff of 1916. That would increase the reve-
nues Of the country something like two mil
lions, and thus afford some relief He would
vote for the issue OF ten millions of treasury
notes, under the circumstances, but not for
twenty.
Mr.. Hunter insisted that ten millions would
not be enough, and it would be necessary to
pass another next year, providing for more.
1t had better be done now all at once.
MIR. Wilson replied that he should not be
surprised if over twenty millions should be
asked for, before the close of the session, ow.
ing to over valuation Of the receipts, and the
large amounts recommended for expenditures
in the War and Navy departments.
Mr. Benjamin said Congress authorized the
debts to be incurred, and therefore ought to
provide means for their payment.
Mr.. Seward attributed the revulsion to
over importations, and the diversion of CAPT
tai from its ordinary channels. He did not
believe the banks to blame.
Mr.. Davis advocated the bill, Instead of a
tariff, he preferred free trade, as far as pract.
cable.
Mr., Dixon spoke in favor of the protecticl
of American industry as the best means of e.
storing COINCIDENCE, roviving trade and reren-
lshing the treasury.
Mr.. Collamer opposed the bill, and 3ok oc.
casion to remark that with all the bp.sung OF
the sub treasury system, and hard ioney cur
rency, when the pressure CAM the whole
bottom was knocked out, and pphcatlon was
then made for the issue of irreaeemable paper
Mr.. Hunter defended the sub. Treasury
system. ~
At o'clock an upsuccesstu motion was
made to adjourn. -
Mr.. Trumbull proceeded St9show the ex-
travagance of this, as yell as T.. preceding
| administration, saying it now wantsa spe1kid
| seventy million dollars within the next six
months. No necessity for raising twenty
millions has been shown.
| Mr. Pugh opposed the bill, regarding it as
| strange proposition to come from the Demo-
! cratic side of the House, to issue twenty mill
lions of shin plasters.
The bill wrs amended limiting the opera
tion Of the act until the lst Of January, 1859,
and prohibiting notes of less denomination
than one hundred dollars, and then passed, by
81 against lS-Messrs. Douglas, Hale, Sew
ard, and Wilson, voting in the affirmative ;
and Messrs. Broderiek, n.vis, Johnson Of
Tennessee, and Pugh, in the negative.
AT IL o'clock the Senate adjourned.
HOUSE.
The House resumed the consideration Of
the resolution, providing for committee on
the Pacific Railroad. A motion to table thI
resolution, was lost, "a to 80.
Several incidental questions were Diet,
mined by yea and nay votes. IA
Mr.. Florence, of Pa, said that the Hse
had evidence that no good came of sittiIon
Saturday. He then made an ineffectufno-
ton to adjourn. The subject was passover
and the House went into committed the
whole on the treasury note bill.
Mr.. Clancy Jones explained the pvislons
of the bill.
Mr.. Ritchle called attention to thiees tna'
there are two sets of Democ ats-oe thf,ret-
ical, who will have nothing but 90 9iG al
yer, and the other practical, VIII % fave lave
anything they can get, andmow NY 20"
ury notes. hn ~
Mr.. Banks remarked that statt n ,raas,, -,
times, had asserted that the rese Ia den'
notes was Of doubtful expedhot b adonted
gerous in practice, and shoHt coul be oh |
if any other measure of govern1ent can
tanned. 1t is not true tSrooeh kreasarv
not obtain relief, exg neyod avvbieh
notes. There never ;,har for larpIor small
loah coulo DC ehecYa long time, hder than
SUMS ioI snor is richer than ia<er has
loN' Ss she 'oI wished the bill ad\nded,
o",ho, before Issue Of treasury notd only
IN case !. III be found imprscticaolP eff
fac, pa = ioa On government stocks, beari six
,vCs : aV interest, the aggregate sufRor.
p r. "a iot to exceed twenty millions. Eir-
.hces are different now from thoseh EN-
~ ~ 5te bill Of 1886 was passed, TherRas
shola war with Mexico. Mr.. Cobb, b.
\ srSing, remarked that there was prosct I
"a war with the Mormons.l Mr.. Banl4p-