New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-13
Representative Lamar left tonigh for mississippi TO
attend he State Convention. rr..-..r
XXXVITU CONGRESS.
SECOND SESSION.
SENATE. .WAsnIyoTov. Dec. u, 1861.

Finance, DRIED tie I'LL authorizing Treasury Notes
amended ~ inserting $50 instead of 500 the mini
amount, and with an amendment referring to the
date for tlcr expiration and the interest allowed; and
tst tie proceeds Of the sales of the public lands
TO lie set aTBt security for the redemption of the
notes. AIR. Hunter sid it was object TO give the
notes 10 the lowest bidder.
MIR. ANTHONY rep, r. IT, said, let the notes he
sold for what they willbrng. The Government should
deaf with all it's creditors alike.
Mr.. NUMBERING hope the Government will be
able TO pay all is det We propose to set aside the
proceeds Of the public domain so to encourage Nd
dem TO get notes at par. Hen millions Were issued,
viii Io lelP the notes not only of this Government,
but of TIE Governments Of al the States?
Mr.. ANTHONY called for the Yeas and Nays on
ADOPTING Mr.. Hunters amendment.
Mr.. HALL said the Government was pledged to re-
deem these nrtes.
Mr.. CAMERON quoted the stocks from TIE N. y.
Dry Bo.k. | would Ike to see notes issued in sums
of not less than 500
. Mr., FESSENDEN rep Me- said as the bill orig
inally cane from the House The Secretary Of the
Treasury was authorized to sell for what he could get
The money market IA entirely regulated by moneyed
We should not be obliged to sell the securities
for what get for them especially at the present
tine. Something must be done to give feeling oil
security 10 these notes. Put out the notes, and in two
years there will he difficulty TO get money for them.
Money we must have by the first of January to pre-
serve the credit of the Government. We may pledge
the public lands specifically for il: look upon this
the same if an individual wishes TO borrow money
and pledges Lis property therefor am in favor of re-
ducing tie Denomination if desirable. We have money
10 rail- in order 20 preserve public credit We must
have practical men to deal with practical subject
Mr.. SEWARD REP, n. Y. 1.-THE State Of New
Yok takes caution to preserve her credit as much as
any State.
Mr.. COLLAMER rep, vt.)-I understand the
amendments TO lie to cOnfne the power given To the
Executive to three millions
Several Senators" No" Z" No."
Mr.. CAMERON rep, Pa.)-It is the intention to
borrow money, and give these notes az security.
Mr.. COLIAMER-It think the Limitation Of that bill
is three millions. Last January, ten millions were
sold think, for one year The great body oil these
notes remain out now. The notes issued at differ
ept dates TO different subscribers.
MIR. FESSENDEN-I don't desire 10 have the Gov
err Inent paper shaved.
Mr.. CAMERON-This Government keeps money
very badly. notice tlat in the vote for sustaining
the credit of be Government the secessonists and my
Republican friends stand up for the same.
The bil having been cut down 10 three millions was
passed.
by Mr. Hunter TO the bill, viz: At the end Of the
send section add the words "aud The proceeds of the
fale Of tie public lands" Oh which Mr.. Simmons
called fer tie Yeas and Nays:
hBSFNTFES-NI Rayaid Bisler Bright Brown, Clay.
Coilalrer Che-nrt Chandler iiamln, Hammond, hemphii
NsT,Gn M2oiy lrs iSony ME- p hgD pooe Douglas Du
kee. Foot Crimes Harlan Hing Simmons leu Eyck' Tram
After the hin passed the resolutions in reference TO
secession called NJ, Mr.. Foot Rep VII IN the
chair.
Mr.. WIGFALL Dem. Texas rose 70 speak. He
said: During the talk here yesterday the Senator from
Illinois Douglas INDUCED in some patriotic platitudes
on the subject Of saving The Union / understood him
10 say that he was prepared TO make any eior m ms
power 10 accomplish that desirable end Ie asked for
a specification Of the wrongs the imaginary wrongs
that the southern States were suffering. or supposed 10
be suffering. understood him TO pledge himself thai
when tie grievances Were made known he would he
ready 10 redress them far laid in his power. Under
this state Of things ! viii state 10 him one Of the
grievances under which the Southern States think they
are suffering Ii IL, that this Government has denied
tba slaves property and upon that denial has re-
fused 10 prOect the of slaves in their title,
whenever thew within the Federal jurisdiction.
have asked Mr.. Douglas whether he was prepared to
give an assurance that our property would be pro-
teced wit in the Federal nIirdctiOn. did not get
direct answer from him. and ] suppose that viii NOT
do 70 He Saws he win show answer by his vote
Till he introduced, whether he will afford protection
or lot. VIII The Senator Douglas nierpose by the
legislative, Executive, or Judicial Department, TO
protect that species of property known as
slaves as well as every other species Of property
VIII be propose amendments TO the Constitution
VIII be vote in this body for amendments to the Con
stiutiOn? VIII lie pledge in good faith, 10 go back
to the Tcorle Of Illinois and urge before them the rati-
fcaiOn Of amendments to The Constitution that will
vest in the Federal Government NOT only the power,
but make il an imperative duty to protect slave prop
cTy protects every other species Of property III
he can do this then il will end one Of our difficulties.
Bat 10 lis be there IL reason for the eN-
citemen in the Southern States: that they have not
cOnIlaued OF ANYTHING. tnil lLc people tueIe arc
not dissatisfied He tells ms that there are two eN-
remes # people those who live in the Eastern States
and tho.e who live in the Gull States, aud that they
mi.underrtani the question OF difference between them
entirely But he says that tie people Of Illinois and
Kentucky understand I'll If the Northern States de-
sire II Ills Union be saved but this Union cannot
be saved by atey either on the floor Of the Senate
the stump. You cannot save she Union by sing
q hosannahs 90 il lOn cannot rave the Union by
making Fourth-of-Julv speeches. lOu have goI 10
come 10 the work before You and do something practi-
caly The people Of the different slayehoding States,
especially The Cotton States along The Gulf, are dsst-
sfed v It'll the Government as about 10 be admlss-
tered by the incoming administration. There is
nothing that VIII satisfy them except proper amend
merts OF the Constitution, aud these amendments must
be made bv the Northern States unanimously or the
peoule OF he Southern States VIII not be satisfied, ana
I sav they ought not 10 be. II amendments 10 the
Constitution Which would secure MS everything we ask
were ratified by fifteen Slave and ten NOn-saveholdlng
States IL would he -ideIed part Of the COnsiltu-
ton Bu; If eplt Of the notwithstanding atcs voted
agfinst the anepdu cuts, and yet they were male
rart of the Constitution, would say ut once, here
are amendments the Constitution which are dlstaste-
FIJI 10 eight OF the Notwithstanding States, ana winch
will pro6ably he GisreladeG just n same they dis
regard the present Constitution. Suppose that amend
uents 10 the Constitution were proposed and hiteen
Slave States should rtify them, and ten Nonslave-
hole ing States Should 90 The same, but that New-IOrk
penn.y lvaia Ohio Illinois Irdina, Iowa. and Other
border States should refuse 10 raiy The amendments,
Of what practical IRE would tie amendments be to ms
None What l. The use theh O OiachslhE VIVA we "ou
he satisfied b when nothing has been offered TO us
What X the use when We don't believe We will be per-
mitted 10 retain that which we now have, the
two Senators from New York, the Senators from Mas
elchuseits the Senator hom OHIO, the two Senators
from Illinois. the Senator from New-liampshife The
senators from Maine and others, who are regarded rs
Republican men, Oeny that, under tie CONSTITUTION,
slave. are Iecogz ~ property. If we could believe
they would 90 their constituents and urge he "a nj
cation of proper amendments, we believe the Gun
States would suspend action; certainly 50, II the
arerdmcnis could be ratified and carried ont in good
- - IL H. In L.-..HL L.