The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-05-31
Iowa Lcgisiatuve-..Extr Session.
FIR. DIS MONIES, Nav %.

TT. LIS MONIES, MAy @os
SESArx.-Tbe special order for the morn
ing vas q substitute for Senate File No. 4, q
bill for IN act TO issue State bonds.
Mr.. Rankin moved TO strike out in section
| sseight hundred thousand" and inert
"one million"
Mr. Neal moved to amend the amendment
BY inserting $250,000. The ayes and nays
were called for.
Mr. Thompson said it must be apparent TO
every Senator that $3.50, 900 10 insufficient.
The expense Of arming and equipping the
regiments already in the field has cost 81 Co.,
900. Amendment OF Senator Neal lost-24
TO 6.
Mr.. Bussey moved to amend the amend
ment bv substituting 100000 for ST. ,0O0,.
900. lie Was Satisfied BY an estimate he had
made that this sum Mould be snfin.ant Tor = !
the provisions of tho General Assembly, and
leave margin of $l50,00O to meet any
contingent expenses. Besides, be wished
the appropriation passed unsnimo usly lie
was satisfied the amount could be appropri.
ated with little opposition.
Mr.. Bfiley would vote for any other pro-
| position which would decrease the amount
| lie would vote for any amount to place this
| State and the Capital OF the United States
| in 4 state OF defence; but he would not vote q
dollar for the purpose OF prosecuting q WAL
for subjugS ting the South. He beloved q
| pacific policy Was the only remedy for exist
| ing difficulties. IL we should suhjugate the
South, wha. would We gain? The difficulty
| could he better settled now than after tht
sections had become still more estranged BY
| long and bloody war.
Green OF Muscatine was ~illing to 20 tc
any necessary extent in making an appropri
alton. All that he had, his life included
should 90, II necessary, to the preservation
Of this Union - it now exists. He though
there we're sufi lent safeguards 10 the bill to
prevent the extravagant use OF the funds .
the disposal Of the Governor. He desired
an appropriation which would be suficien
for any possible contingency.
MIR. Pusey thought such arguments woult
sound better in the newspapers than on Wal
Street II We were to have cur bonds ne
gotiated We must Fix such sum az will max
them desirable in the market. He would no
hesitate to discharge his whole duty to tn
State, but he did not desire TO vote one dol
lar more than was required.
4 Mr.. Duncombe would pledge all BIO hal
and all be WAS to the support OF the Govern
nent, but he would not place too heavy
tax upon the people. He had concluded &
vote 100000. The sum be had indicate
was ample, and he would not vote for an
|, surplus. Besides, we might defeat tho OBJ
! Jcct We have in view by attempting to rails
| too large a sum.
Mr.. Hammer said this was . great Val
4 ard @cc!. require : great outlay of money
As money IL the sinews OF war, We shoul
/ not withhold il. This was not var to sut
/; jugaie the South, but war whose objet
( was to place the people Of the South ia the
!. proper condition. He had confidence 10 Il
4 Administration. He would put tho 6tase .
q proper war footing. Whatever was needle
0 be would cheerfnlly vote. Ii was absurd !
D talk Of the impossihilisy Of our people pa
ins such taxes as may be necessarily levis
II in time OF war.
!, Mr.. Bowen said ii would make but lit
difference with the standard Of our Bonds
That standard would be based upon tho o
II cesrity for the appropriation. II the nece
) s'ty existed Tor 81, OO0, 900 We could sell O
% bonds as readily as though " needed b
10 $500, 0oO and attempted to raise that sul
/ When the Government was endangered,
). did not a-k what II would cost TO save
le from ruin. Besides, the moral e6e0t Of
" liberia appropriation would be great. 7
10 LIBERAL offer Of Mr.. Aston was moro efecsl
than . regiment OF soldiers. He did .