Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-02-05
THIRTY:SlxTH CONGRgSs-Second Session.

|. SENATE. g "a
A number of memorials in favor of the Crtenden
amendments were presented by various Senators.
Mr.. Chandler presented memorial inquirng II the
United States had de dcto government aud If pray
ing for the arrest and Imprisonment Of all commission
appointed by South Carolina independent soyer-
eighty. '.''' 80 co.. .....-...' -
The bill for the establishment of territorial govern
ment for Idaho taken up and pending the dis
custom the Senate adjourned. go
$500 HOUSE OF REPRESENTATIVES
On motion of Mr.. Sherman the treasury loan bill was
taken up - t
Mr.. Phelp' of Missouri, offered amendment, pro-
vding that the third section of the act authorizing
lOsn approved June 1860, be modified as to empow-
err the Secretary OF the Treasury to negotiate the bal
Of the said loan already disposed OF on terms
most favorable the United States notice Of the
be published less than days in the manner
ecrbed by the third section Of the act and that the
oceeds thereof be applied to the discharge OF current
expenses Of the government
Mr.. PHI lps said 10 expanation that last session OF
Congress bill was passed authorizing the raising Of
twenty one Millions the whole of which had rot been
negotiated by the Secretary Of the Treasury. There
balance of that loan aud the object Of bis amendment
10 authorize the negota ion of the balance Of that
sum, amounting to fourteen millions. Then the last
Congress passed tariff bll sm5Odyng loan OF twenty
millions of dollars aud that loan bill was pend
ing in the Senate aud he breyed would pass ln other
words had prospect for a new loan, amounting
loan of fourteen millions.
He therefore must oppose the passage Of the bill
reported by the chairman OF the Committee OF Ways and
Means. Ii the duty Of Congress TO exhaust the first
loan authorized the statute book b. fore they
goae other loans in the present depressed state OF The
country, and further dcpreciate the public credit
The amendment he proposed would modify the Sd
section of the offered last by authorizing the Secre
tary of the Treasury to advertise the regulation OF the
loan within ten days, removing the restriction which re-
Tho fFtafann
ning the negotiation nothing less than par instead of
which be would say "ou the most reasonable terms" If
the bill OF the Chairman of the Committee Of Ways aud
Means passed. there would probably be necessity for
all the money for in addition to it there would be the
tariff bill of twenty-one millions, which, when
added TO the balance OF fourteen millions OF the act OF
JGne 30 would give hirtysI millions in addition 10 the
twenty-five millions asked for.
Mr. Sherman said he hoped the other side Of the House
would oppose the bill The Secretary OF the Treasury
bsd notified him that there deficit Of S2l,-
OT 600 for the expenses Of tie year 1861. Aud with
tue additional expense up the present time it had
cumuaed until the deficiency amounted 10 s25 go OO0
II strange that opposition should come from the
Southern dc Of the House.
Mr. Phelps said that he thought eight millions would
he sufficient for the expenses OF the government until the
ith Of March. f..
Mr. Sherman said that the appropriation last made of
twenty millions specifically pledged for The redemp
ton OF the cut standing treasury no es. And would the
gentlemen have tie government 10 vlOate Us Ugee
and lose its credit? The Morrill, tariff bill provides Tor
the expenses Of the next fiscal year-he present loan
bill for the present fiscal year. He of opinion that
this amount would settle up the affairs of this admins
trGtion He would say his friends the southern
side of the House that this time to do and not III
dnlge in moonshine speculitions Of small import
. Mr. Hindman would amend the amendment Of Mr..
Phclss providing that the loan be effected should
be applied to the maintenance Of troops els or
tons OF war against any STATE or States which had Sc
coded or may hereafter seccde from the Union
Mr. Sherman objected 10 it as not being germane to
the subject under consideration.
Mr. Millson moved an amendment TO the amendment
Of Mr. Phelps striking out that part OF the amendment
which authorizes any portion Of the loan to the discharge
of the current expenses Of the government. -
The amendment to the amendment was lost-yeas
l26 NAYS AZ The amendment Of Mr.. Phe ps disa
greed to-yess ~, ll9. The original bill put
upon its passage aud plssed-yeas loo, nays IL
message ived from the Senate signfying the
passage OF joint resolution appointing Senator'S TTum
bull. Foote and Latham committee TO &C. in
junction with similar committee on the part ct q g
u'c count the of the electors for the
President aud Vice-Presi1ent Of the United States.
Mr. Washburne, OF Illinois, moved to take up tue re-
solution aud offered similar resolution in accordance
with the precedent 70 lowed for forty years past
Mr. Garnet o. jsc;ed To the resolution. He viii.
ling that il should up 10 regular order, but it re-
qu.red unanimous consent
The speaker decided that the motion submitted was
privileged one. .--''..-.
The resolution of Mr.. Washburne was passed. and the
Speaker appOintedt the following joint committee the
part of the House:
Hessrs. washbnrne Of Illinois; Adrain New Jersey
Ely New, fors Anderson New York: Craig, Missouri.
The House then resumed the consideration Of the
deficiency BILL and proceeded to discuss the -Chiriqu
amendments. g.. .. .--. ..
Mr. Corwn Of Ohio sgniled his intention 10 endeay-
close the debate the report Of the Committee Of
thirty .three on Thursday. -- r'r -+