Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1857-12-25

question. S o. t.
The resolution of the Print.
mittee was adopted, as was ~ Ias
print 10000 copies Of the So 49, oos
port of the Secretary Of the y y
Adjourned. ''easg7
FRIDAY. De-, 70
SENATE T.
Mr.. Douglas introduced = hin
thorize the people of Kans.s' -, o 's,
Constitution and State govern,s = iona
paratory to their admission into ' - P's
on an equal footing with H. =. ia. ] 'a
States. ''e oFga
The resolutions submitta5
by Mr.. Pugh and Mr.. iss5s.efaly
ing upon the President for s.', al
formation in reference to Kans -,'aeE T.
were agreed to. aaHa
The Senate then respms5 i
Grafton OF the Treasury note NJ; i9 ''aa'-
Mr.. Hunter, while explain;nra
visions of the Treasury note hi zoe Ir'
though the crisis in commerce. c;,'' 'alaa-
was perhaps passed, yet tbers 80, -. gie'a
be a general revival of trads t "Vla aS
last of April or first Of Me- '''I5' as
that time, the money now oro.o,.i De'o''
raised would be needed By tbp ~ T.- . D.
Department. 'eaSnry
Mr.. Seward thought it clear
necessity for the issue Of nofes 80 t. Wa
bill was not sufficiently guarded ~ zoe
eral particulars. 1t had no Fmi,a u 'e''
TO the time during which tbesa ''o-
might be issued. He wassof tho ~, :la
that the revenues to be collected i.l.~
the present year would meet an An
encies and there would be ano,bs,
sion of Congress next year. WIZ.
further action might be taken ~
seemed necessary. He therefore.
ed to limit the bill to the beg.,..,
the next session. He thought I'M,
900 would be sufficient, and thu
interest contemplated seemed tool-
Four per centum would procure ami.
money of which the governneD, mi,n
stand in need.
Mr.. Hunter had no objections to limit.
ting the time. A large surplus was need.
ed to carry on the operations Of goygu-
ment. Senators have the experience 4
: the Secretary of the Treasury to jus.fr
: them in supposing that it will be SAFE \
issue this amount, or so much Thereof
: he might find necessary. The surpg
in the Treasury had been rapidly dr-
mishing ever since the Suspension 4
specie payments by the Banks.
(The proceedings were here inteHus
ed by a message from the House, a.
! nouncing the death of Mr.. Montguus-
;. of Pa, when Mr.. Bigler pronouncsis
eulogy upon the character of the decg
ed.)
>. Mr.. Hunter resumed: As to The "a
OF interest, he had no idea that the not
were to be issued at 6 per cent. ba
. was better to fix that rate as the ma
mum. He presumed the Secret
would try the market at 3 per cent.
Mr.. Simmons vindicated the Bsr
d from the charge in the Presidents N
/ sage, that they were the cause Of
n present commercial revulsion. He d
= they ought not to be called irresponf
n institutions. The evils were the eff
l. of speculation. Productive labor
e the omlg sure basis of wealth.
81 change of duties at the last session. wh
-e was made in order to deplete the Ire
J. ury, had encouraged speculation.
le advocated a protective tariff as the mel
L of preventing England from obtain
le that commercial ascendancy to which,
Of has been directing all her efforts ST
to she found she could not conquer Us
arms. He only wanted 100000
+ and would vote for bill with that
IN duction.
E Mr.. Hunter could not consent to s.
e. a reduction. If only 100000 VI
II authorized, he thought they would
as called upon for another bill in Janna
&c He was willing to reduce th maxim
"a rate of interest to 4 1-2 per cent
ID limit the operation of the bill to
y year.
H. Mr.. Crittenden preferred 10 have
10 intereSton the notes, but to let them
culate as Bank notes. 1t was Faii
ne strange, after the crisis was passed q
st the Banks were everywhere resunn
CT that the government should suspend
IL Congress must supply the means
en- was only from the imperative nees3I
81 of the measure that he could col;sni
or vote for the bill. He hoped this WOO
M be followed up by measure to lnsI'-
y, the revenue to an exten: sutie-eA
ST. meet all contingencies.
ie- Mr.. Bell alluded to the fact that nl
as honest importers were driven from ~
IL in consequence Of frauds COMMITTED
re- der the Tariff bill of the last session.,
es He thought a revision of that system
dispensable. He could not vote la
re- issue of 100000, but moved ~
sr- much as is now necessary. 4
ne Without concluding the suelso' "
lo' Senate adjourned.
Sc, HOUSE.
ke' Mr.. Clingman offered a resoial0l'
len recting the Committee on AceOelI
er- examine the stationery PROVIDED "
not use of members, report its reai =. =
ne and such recommendations as InS1 =
TO deem proper in the premises ~. -
TIC said if the prices now paid tor So !,
60 are the same as heretofore, ulsi n,
nld be great mistake somewhere ~ =
ere found it so inferior as to be oOl y
The buy some at the bookstore ~