Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1861-04-02

why, then, undo the work Which eAs nov need. /
ed more than eysyi WerN I've new afraid 2
trusted the De tbcrssIo Adhini alto which
preceded 1T Wen W dtbteri9ps ii'pshees
Ssss S,ss ssSTing sss aa ss sI "a S yS sa'SS
Mr.. HERRIQK Ia tho6ght, wh',n be voted
for the bill, nov posed 10 be rebealed, that
We were 10 hsved eovernment ono could -ssly
uponT He didn't tklog that he, had any reason
nov y tAink diffSssptIy sus Il 9sy@9 q have
Ieg government entirely eof inbraI hnasio1, bhe
might possibly be induced to change hie vote
w might al tleast.Wait Cor u week OF t00, boz
fore doing Auything In tba matter. OHIO IN
Mr.. WOODS now asked leave to modify bis
motion, so as to engross the BILL and set II for
lthird reading on Wednesday of next week
Leave being grantedt ava NOO4
La Mr. WOODS said, he had supported the or l..
Iginal bill with great pleasure. He was now in
favor of its repeal, simply because the emergen-
ley bad pssped AVIAN ths credit of tObipywas net
kcsslied fos, Secfetdry Chase had nov called for
new loan, and the public prints had informed
US that II would bestaken at par. Congress had
refused our Endorsement, He. didn't propose,
lnoS to grant an indorsement unasked.
Mr. BROWNE, of Miami, was glad to say that
| he didn't inquire, when cases like this were
presented, what party, was in power at Wash-
itngton. The gentlemen from Licking, inNa1p-
lporting the original bill, had been helping TO
hold up the orumbling. falling fortunes OF his
party. This. reason for support Of the bill had
passed away-and-the gentleman had chang
ed bis views.
ldTMr. WOODS protested that he was just as
:sfy, sss9 i;sfd 70 'rpRot Secretary cAss
Mr. BROWNE was ready to support the Gov.
ernment, no matter who might be at the head Of
the Treasury Department. II would have been
well for the General Government to have taken
our Endorsement when offered at their request
The demand, however, had never yet been re-
called, and the fact that the Democratic Admins.
ltration, which had squandered both our treasures
and our good name, had gone out, and that
l'Republcan Administration had come In, was
hardIy sufficient y Justify recall oi our prof
lasiMr. wooPs protested that he had msdsno
such argument.
l7oiMr. BROWNEhnd deduced itpHssy clearly
father It tnoN, he coulda't help It, Ithwas the
lonly argument that had been offered for there,
peal, unless itwere that Of the gentleman ftom
lMeigs, which was 40 clear in itself as to need
no elucidation. He paid high compliment TO
Secretary Dix, but that officer had been succeed
led by a gentleman In whom Ohio had full and
IIimplict confidence abilities and whose
tpatriotism were alike undoubted.
laalMr. WOODS didn't know thatit FVas ueces.
sary to dIsclaim the safghment whicfi had been
put into his mouth. He recapitulated his argu-
ment. Secretary Chase had advertised for
new loan, and had not even alluded 70 the sub
Jecs OF Ohio,s & Indorsement:
T. Mr.. PLANTS asked II the mere fact that
Ohio stood ready to indorse U. s. bonds, If need.
cd, would Of itself tend 70 give credit the Coy
eminent,
tmMr. WOODS thought the fact that the law
Mr.. SCOTT, (of Warren) asked if-7as the
gentleman argued Chase didn't now want the
uae of the credit Of the State, what possible dan
ger could there be that the endorsements would
4 be wrongly used
dii9Mr. WOODS replied that, If there should
arise another emergency, he wanted those then
Iinpower to deal with the question. After some
Further similar remarks, In reply to ques.
/ tlons,
Igs Mr.. WEIGH had learned from the speech OF
the gentleman from Licking that the credit Of
the government was now better than II had been.
He supposed that Improvement TO be due to the
manifest readiness OF the States TO back up the
General Government. But let this Endorsement
Ibe Withdrawn, and the credit OF the United
States would 60 down again-loEer even than
before, 1t was 90 IN all cases II everybody
showed readiness TO indorse for man, he could
iporfow plenty OF money without any indorse-
ment. He could see no feaienf foE the qriginHi
passsage ot otthe'bilthat did not now apply with
lgreeter force ior its continuance as law. He
moyed, therefore, tnat the whole subject be
postponed till the hrst Monday Of January
nem.
< Inc OnAih fnied tnat THIS was substantially
.oe same as m1.lon ior indennite postpone
msIt Wnlcp pmpIMSo nae s,5eaoy Deen defeated.
IL r.s oonc.0S ~ a55es .I meaaae e aosion.
ns was oPposea 70 1ni.ory mouons at this
s'sge ., 'ne % session; on Ine general Question,
ng r9uiu oniy say ,nas 'ne inuorsefs are never
worthless. In that event, he supposed that the
,neorsement @ Oh ohio would DC worth very little.
lhe only practical eject OF the bill was to pledge
70 w. isnaess va! taer des'inles OF OHIO were
N