The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-01-27

j Y
This appropriations of $50 ooo geo necessarily involves
pledge, guarantee virtually r. ant, appropriat
many more millions OF dollars the Tresient of
the United States without any to the Senate
% Congress, and consulting only his own am NJ
tion caprice or pleasure shalt agree 10 give for tn
is and; and this las, amount is altogether unimn
cd. The bill contains .lmltatop aud the Pres.
dent recommends no limitation II is bill then for lust
so many millions the President shan choose to write
in the treaty. What will be the number oi those mil
onsf The report Of the majority OF the committee says
that will probably be sI2t 900 This calculation is
based uoD the that Sran refused coo ton
years that Cuba has increased IN vane s?5
according the estimate of the majority OF the commit
tee. This estimate inconciusve ana uereiore, UNI
satisfactory The amount which Spain VIII ask, We
can ect aud The amount which esden. viii give,
il IL be his purpose to acquire the Island Oh Cnpa
at all events and under AL hazards, will he tae
least that Spain will consent to take. N may then
Just as well and as accurately be estimated that the
sum be written in the treaty will be s2o0,ooo 900
or $3.50 eco 900, S5o0,0OO,0oO, as that It shall
be only SIPS 100000 will that il authorizes
the President contract tebt to spain, without again
consulting Congress Senate of the United States for
the sum of $3.50 900 COO. This proposition comes a
time when reduced 10 500 900 900, and
there confessed deficiency for the year Of $50 0o
II immaeria whether borrow this $50 900 600 " pay
TO SPAIN the bill proposes, or whether we pay out
the receipts Of the revenues flowing into the Treasury
and borrow the money to supply tho place Of what
thus abstract proposes nothing less than TO authorz
the Pre- sden of the United States create and
absolutely debt OF $50 600 600 and indirectly further
debt of 500 100000, in addition TO deficit, which
is virtually existing debt against the Treasury
of $50 900 GOO; making s6oOoo,ooO OF new debt
certain, and $500 100000 contingent. This, added
to an already funded debt Of $50 00o,00e, will
raise the natioual debt to $3.50 900 This is
to be done under extraordinary circumstances.
We have at this moment financial system-no system
of revenue have indeed, tariff law which brought
last year the treasury $40 0o and this year
is expected to bring in $50 600 OOO but revenue law
which leaves annual deficit cannot be said to constitute
fiscal system Congress after being in session now near
two months, has utterly failed to devise any kind Of
nue. system whatever Nor has the executive adminsra
ton submitted to Congress any system for this emergency
This statement is strictly true you consider that the
President recommends system in his annual message
that the Secretary Of the Treasury his RESPONSE
different This great increase Of the public debt
asked to make at the very hour when in compliance
with the Executive recommendation we are proposing 10
authorize him to build the Pacific railroad at cost OF not
less than 1928 900 more; and simultaneously with
this in the same message, also asked to author
ze the President the army into Mexico, which
can cost nothing than 500 900 600 more; and at
the same time, in pursuance OF OF the
same weight and authority we are asked 70 authorize nm
to employ the army and the navy against just so many
Spanish American States on this continent as he shall
choose, which require nothing less than
great debt created by this Congress of the United
States on the recommendation and application Of the
President to strengthen the of the Executive, while
weakening the power the constitutional force Of the
Senate and the House Of Representatives, debt of
$500 100000 The honorable Senator from Rhode Island
(Mr. Simmons) the other day spoke in glowing
terms and yet most justly, of the credit Of the United
States, and showed that with the small debt that
we now have, nominal debt, go into the
Market and with five per cent stock borrow money at
premium, perhaps, borrow money on four per cent
stock any where in the maj kets the world That
novccs inexperienced untried and unknown
in the money Market except for paying such small debts
have made But, sir, when We shall have shown
that debt in forty days. for that the
period which remains of this session. from SEQ 900 TO
600, beg leave to express the opinion that the
of interest will be found TO rise in proportion to the
beralty with which propose 10 borrow. In that
you will find your revenue derived from all sources
which you shall thus have created leaving no funds
whatever for carrying on the ordinary operations of the
This IT, hi. night be saa
%SS supposed s .SsS sSs
dent shall write in the treaty We give him blank
draft the treasury and authorize him to fill up the
amount for himself have supposed he will I'LL it up
with $3.50 GOO OO0 But am told that retrea from
this with Spain fud it too expensive, and
which the President may write the treaty Slowly and
carefully Mr.. President, let consider. Certainly
which win have been paid That condition will operate
a consraint upon Congress b appropriate all the
manning millions which the President may stipulate, and
will equally operate constrant upon the Senate
raty the treaty whatever sum may be stipulated by its
provisions Again, sir no one can suppose that the
Spain without securing possession the island Of Cuba
When he has obtained the island of Cuba and paid
$50 0o0 advance upon the consideration money
Of the purchase the treaty will be contract executed
and Spain and the whole world would laugh with derson
at the pretence that could rescnd the contract and
repudate the remaining debt the ground that had
then looked into constitution and had found that
bad violated it in passing the law by which had
lhorzed the President TO make the mprovidcn bargain
Sir this is plan OF financial management to which am
stranger 1t is the province of the Congress OF the
UnedsSises TO AXE Of the public treasury and
that every dollar that is received there until
by appropriation bills limited to single objects, and each
bill enduring for only two years the money is expended
by agents iher direction and authority OBJ
ecs appointed fixed and certain The effect of this
sure is to surrender the control over large portion of the
national treasure and resources, practically, all that
valuable in the treasury to the President Of the United
States without retaining any effective security for his
wise and faithful administration of il.
POLITICAL AND SOCIAL CONSIDERATIONS.
have said that the bill has also political aspect II
proposes bring into the United States foreign country
seven hundred miles long and seventy miles WIDE contain
ing million five hundred thousand human beings,
subjects Of government occupying practically every foot
upon It's sidewalks in its cities and every Of noun
tain and plain and valley the rural districts of
That slant-a population different entirely from
guage, different in race. different in habits dine.
rent manners different customs, and radically diff
erent religion population that viii practically for.
bold the power exclude all American immigra-
ton least exclude efectualy the Old States of
Europe exclude our migration there and as efec-
tualy as old established States practically
exclude immigration from outside Of their borders.
THIS population, then, is to be the ruling popua-
United epiov tlerey The million five hundred
thousand souls divided half whites, two hundred
and fifty thousand free blacks and four hundred thousand
slaves What institutions of justice, of freedom OF reli
gion, and public worship, will obtain remain there?
need 10 know II were willing 10 leave these great ques
tons TO the President of the United States, have
right 10 do have voice, of sixty four voices
to determine whether such country shall be |
brought into the United States, and what terms and
ctntions joined with my colleague, we have one of |
thirty voices these mighty questions. The power
speak involves constitutional responsibility TO express
the of the state of New York upon such measure
and all its important details before it shall be adopted
have already shown that the consent Of the Senate
the passage Of this bill Will operate constrain upon
the Senate to ray whatever treaty the President shall
make hereafter If this be true, (nd one think
controvert it then am asked to resign constitutional
senatorial power, the President of the United States
TO shit from my shoulders to his constitute
tutional responsibility. To do this is derogation of
the independence Of the constitutional power Of the
Of the United States and practical subversion
of the constitutional check which requires that every
treaty shall receive the Of two.thrds of this
body, be absolutely void. It practically delegates
to bare majority Of the Senate, and 10 majority OF
the House OF Representatives, the treaty making power
Of this great empire
WHAT IL CUBA TO Re IN THE UNION?
Sir, II there occasion which should L
adhere tonacousy TO this right and insist upon retaining
this power 1t would be in such this want
the treaty which shall bring the island of Cuba into
LII LL IL. -