Randolph County journal. [volume] (Winchester, Randolph County, Ind.) 1855-1862, 1858-01-21

~ NNe NhAC Il AdAt III ctliSSo l. Will
not vote for this bill in its present
shape. Do the honest, direct, above
board thing-say that the Govern
ment has exhausted the money at its
and desires to borrow, and
viii vote to give you the authority to
go to New York on the plighted faith
of the country. If that will not do,
mortgage the Capitol and if that
fails, pledge the inviolate and immac-
ulate faith of the Democratic party,
and then the gold, by spontaneity
of movement. viii begin to move to-
wards you. Laughter. That would
be the honest thing, sir. And what
would be the result =? The result would
be, that you can borrow this money,
whether it be five, ten, or twenty mill
lions that you need. 1t is lying un-
used in the vaults. The credit of the
nation will bring it. Advertise, and
if you can get it for l per cent, do not
give 6 to save the country and relieve
poor millionaires from distress. Make
the best bargain you can, and agree to
pay at certain time, and then take
the money and put it into circulation
through the country. And, sir, if it
would facilitate the business of the
country to have certificates Of deposit
in the public repositories, dollar for
dollar, l have no objection to that
being done. That, sir, is old-fash-
Toned Democracy.
Again, object to this bill, because
| do not at present perceive the neces-
sity Of its proposed measure. Why,
even its friends say that they do not
know that they will be obliged to is
sue the amount asked for. 1t is a
kind of contingency that they are con
templating. Advocates of the bill
have said (and l desire to call the at
tention of the House to the fact) that
they did not know as there would be
a single dollar of this loan needed
Twenty millions asked for, and not 9
dollar certainly needed Well, how
can we perceive the necessity of thi,
loan if its friends can not ? Why dc
not the friends of the bill come for.
ward and make frank statement and
tell us how much they need, and fol
what they need it, so that we can vote
understandingly on the subject!
Bat suppose the money is actually
necessary. which perhaps we must adj
nit, is this the only mode of raising
it? Why not sell the custom-h houses
where the income does not equal tn,
expenses -? Go to Pensacola, and al
along the coast, and do it. Go to til,
interior, where officers were appointed
to receive railroad iron, away out OF
your inland rivers and lakes, so as tc
save the importers from paying the
duty for few months, till the iror
was ready to be laid. These official,
swarm over the country. The rail
roads are now built, and the neeessit,
for these Offices has ceased; but th,
officers and the salaries have not
Why not retrench? :? Mr.. Cobb's re
commentator to rctrench and ccono
mize was almost enough to create /,
smile, if it did not excite a tear upoi
a very monument. Economic . re
trench !" "Please let me have twent,
million, gentlemen" Economy, in
deed Now. for once, let us witnes
a correspondence between the practic
and preaching of the Democracy. Thi
would certainly be-
Rara avis in tcrris, nigroquc similima cygno
Let the Administration call in nine
tenths, perhaps ninety mine hundredth
of our foreign diplomatic corps. /
there any need for their services a? AR
there any very important matters pend
ing between this country and Spain
Cuba can not be purchased with al
exhausted Treasury. Let that extra
ordinary envoy come home, and tn
place remain vacant. How is it witt
st. Petersburg. Paris. and other places
Let consuls remain at all these places
to look after our commercial interests
and those of our citizens who may b.
in foreign countries f; and let envoy
be sent only where, as their names in
dicate, extraordinary events demanc
their services. This was the practic
of the earlier and purer days of th
Republic. But now, ENJOYS extraor
dinary have become ordinary affairs
When individuals become embarrass
ed. it is usual to dismiss all unneces
sary servants. Let the Administration
do the same.
But let us look at the estimates =
The Secretary, in his report, says tha
he bad on the 1st of July, 1857, SIT,
7l0, 900, and that the collections TO
the quarter ending Sep. 80 were owe
$40, 900, 900, making in all S3s, 800,
900 in round numbers. Now, if h
collect S12,000,000 for the presen
quarter, which is his estimate, he vii
have had $4,000, 900 to cover tn
expenses of six months. Is not tha
enough for an Administration that re
commendS economy and retrenchment
Is this Administration going to pusl
the expenses of the present year t
800, 600, 900?
Mr.. j. CLANCY JONES. The neces
sity for this measure arises from tn
fact that, instead of dutiable good
being withdrawn from the bonds
warehouses and the duties paid, the
are still kept in the warehouses. Il
consequence of consumption havin
ceased. the Secretary has called o
| Congress TO give him the power to is
sue these Treasury notes, in the con
tingency of a continuation Of this stat
of things. Does the gentleman nc
know. that although estimates may b
correct. yet. in case goods are not with