Glasgow weekly times. (Glasgow, Mo.) 1848-1861, 1858-06-03
Government Finances and Reform

Ahe leueWlng taIk look place III me
House Of Representatives on the 27,h:-
On motion, the Post Office Appropria-
tion Bill was laid aside, and the Army Ap-
preparation Bill taken pin committee.
Mr.. Sherman, Of Ohio, in alluding 10 the
Loan Bill, said it was the second bill Of the
kind demanded by the Administration this
session. While he was willing 10 take all
measures to preserve the public faith, he
would not consent to vote for that bill. Il
should be accompanied by some radical
measures of reform, The expenditures of
this fiscal year exceeded the revenue $37,-
600, 600, and FOR the next fiscal year they
would exceed the revenue $43 900 900, or
lover $50, 100000 in two years. The go
600, 900 of Treasury Notes and the balance
OF SI7 100000 in The Treasury in July
last are exhausted. The financial result Of
the first two years of this Administration
would be an empty treasury and Perma-
nent debt Of $64 600, 900. Instead Of pro-
posing means for retrenchment and reform,
they demand loans and treasury notes, and
defeat every effort of the Opposition to
lessen the expenditures. The power and
influence of the Executive have been too
recently felt. He hoped that the next
House would be opposed to the administra-
tiop, and that il would learn from the exam
pie set by the last House what thankless
task it is TO yield to the urgent demands for
money BY the administration. An oppor-
tunity will then be offered 10 check the u
surpations OF the Executive and the Senate,
and confne them within their constitutional
powers. ... .r,t..~.. -.
Mr., Letcher was glad that the public
expenditures were attracting some degree
Of attention, and that the gentleman from
Ohio (Mr. Sherman, had invited the scru-l
tiny so much demanded. Why did he not
press his reforms as the last Congress, when
the political parties # the House were
nearly balanced, SO as - bring about
practical result. He hoped Che gentleman
would exert his saluiary influe.nce on the
bills yet TO be acted upon-such .s those
for the improvement Of rivers and ha. -bors
to be launched Ivy the Senate, involving
very large amounts Of money. When the /
time comes they might expect to see the
gentleman resisting an increased loan to ae-
complish that result. If he (Mr. Letcher, J |
recollected Alright, the gentleman from
Ohio Mr.. Sherman, voted to aid in the
construction OF an ocean telegraph 10 be To-
Gated outside of the United States.
Mr.. Sherman remarked, that if necessary
he would repeat his vote =. -'.
MIR. Leteher replied, because it was re-
commended by the President. He yen-
turad TO say that Mr.. Sherman voted a, the
last session, 10 pay The army, and 10 great.
ly increase the pay Of Scott as Lieutenant
General. f'.-. r.-,- s.g ..-..-
Mr.. Sherman remarked, that he thought
ne was not here at the. time, but il be had
been he would have voted for it.
Mr.. Letcher did not complain of Mr..
Sherman's votes, but because he had un-
dsrtsken 10 have others executed for what I
he had been doing himself. -.-... /
Mr.. Sherman said he wanted reform on I.
his as well as the other side Of the House.
Mr.. L,said he was glad to hear it. His
present business was with Mr.. s., he be-
gan with the greatest sinner. first, and hoped
that the smaller ones would soon follow
(Laughier,) In the course of his remarks
he said the gentleman from Ohio could not
lay his finger on q recommendation Of the
on Ways and Means not war |,
ranied by law, and he defended the Presi-
dents official conduct.
Mr.. Letter, Of Ohio, interposing, said
that he would impeach the President under
a resolution in the Cincinnati platform, de-
Of retrenohment, and the extinc-
lion Of the public debt.
Mr.. Letcher wanted Mr.. Letter to de.
signate any extravagant expenditure.
Mr.. Letter believed that there was not a
here that was not an exaggera-
lion.
Mr., Letchsr replied, that when gentle
nan passed over the record, and resorted to
his belief, he was in bad way.
Mr.. Seward Of Gorgia, said that be be.
onged TO the Democrat party, but he COM
planned Of the Administration Tor its do
'o:hing policy in refusing 10 carry out the
,ehest of the late Congress relative to the
Naval Depot at Brunswick, Ga. While !
81 100000 were appropriated for navy
ards elsewhere. Where no money is re-
commended for that this morning his a.
nsndment for 100000 TO complete that .
york was voted down by votes Of extreme
Southern men,, whose policy is ruinous.-
The Secretary of the Navy was SO long
rozen up in Connecticut, as to have no
for the South; while the Secretary y
# the Treasury is surrounded by snch cir n
that he is crushing out not only
he interests Of that section, but the State
rom which he comes. .,l.. .........