The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-02-13
Congressional Proceedings,
NNNvIIih CONGRESs-Senn,e.
First Se..ion

" ys"uJ't7l' REQ IL - blr. King, (N. \ }
press uted + ti'ion f. r lie entire c,fd = don -
tLe -iaves. 0 NJ s''.u IN
Me-, k'og also rrsscuted a memorial from the
N y Mans HLd lncerwri;-rs e New York. AZ ,inst
= lot"re. F'- " '"'
NJ. wilkinson MN tc,or,ed ill from tho
u mniiuec on Indian Affairs In relation &, 81.
W lLdans. The ~ iortidz the sal- 81 su.-,,.us
hlu"rs q any kind TO the IGdi.ns ai any price AMI
Lunishts tne oder ce ~ hne and imprisonment;
Tbs III was psSsed.
Mr.. Prs-. nn.n moved 10 take M tho T,,-,la atom
B'I, Irs Nv WIS posed by yeas rs, lays H.
Mr., wills tMss' inirDuuc.d a bil Or the
estntlishIneut Of a nation Al found y and f.rnaca
M .Wtson slSo ibtr ductd Ll pr,viuirV t,r ia,
lLtmen' u warden Al tie jail in tne Distrci VI
M. Wilson said he wish FL 20 M AXE brief s,.tN
n-hi' Some Day Sc, the Be- rc'a'y OF State had
RiV' AZ order, TIE object 81 which S.s u rs. an.
ai 81 al = rS'ns he'd thets under toe cl.r,.e Of
being fugtive ayes. 4 AZ otd-r Wa, r,.r.ivsI a,
thAt u, atd, Of course with disposition l., ev,is
h hccsGss It was vel knoNu that the Nj -.
uun'r the control Of the Mnsna uf the Discreet AMI
~ ~. utt VIC 'uP mt natncy negro tui,f named
wise 10 syAdrg this order Of the Seer tIy or
state, person IN me Al, oWned by IA. paInet
ChHluAn, OF CHARLES county 81 ryl.l j who was /.
st' e. i"niSt' had been taken out and let do Va
'r'm the jail nearly Atty f,et Out he fs.l
hn' VA ttoa by the guards {! Vie is', anl
j hGtd reyolVe wAA zcsd NJ his breast IT,. tlid
th,iu . hi"o' 10 he would rather die IN "A 20 back
" "'' uast'T. he was PIT In q dungeun, ,.-a hi &.
hfids we're t'd behind barrel, and ne w.
roRgei' ~ they CAL H. and yesterd ~ tDorntrg It
t'.Vtk; was t'ken 70 the slsv--pen at B.t.
b Ore He WI ron wanted IL understood by "a,
country and th. Ie IL that trsae ctines AN ,iaar
humanity wtre @ multt.d by this negro tLiat tL,t
th'se neD oontrol that dl, aid that 10y our yot.-
We Hspnnsi ole f,r thei acts before tie nation
NJ before God lie, WI -on, sauted to Ussh hts
lands ara oonouuce these crimes, ami tAk- this
nl nom the re Of Marshal l. ,nsn and hi. negro
cs'chihs creatures, and put It ia tie hands Of
TIE hll was rc'aIrcd.
The I eistirN t. till wns taken m
Mr. Fees, ndcu, Me, explained the features y tho
House ~ J., and tie M o. dmeuts ~ IN. Finance
Con mitee. TIE committee had deeru.d II necns-
shty mat the g"vci nurnt should pay tho int rest
% the notes IN Otn, ~ cal ulattd g. sust ain th.
credit ot the government aud pive col trn,. o, ~
crtd tts. Tue cumniit,te thought that II the leg Al
nnder CLAUSE Was nd pied the cpuutrv sn nd kno.
that such WAS not g. Ice the perusnrut policy sues
iGlcy would he rum us, aud nol1dy claimed
anything '.se Is was only offended d measure
Of necessity ~ the present time TIE CON 1itte mad
SlH" provided place Of deposit in the nut-s
accumulate IN PERSONS hands. But, after ALL the
great question was the question uf legal tender
l. this a' abs lutte necessity lie cnnt.udei that
the public credit fuui dad ON the q u6 tcnca NJ
ne people, in tue ability and Integrity Of the g Y.
cruu eni, and The power g. pay. lie referred ~
tie condition oi the country h.frrc tie var as one
81 uh'N 'Nnplei prosperity. Even suppose the
b,.llon suoceei'd, we yet retain la'gs and
prosperous country, with greater homo
grnousness and singcnoss Il purpose with
the loss ~ the element OF we lkneaa-
lie otJectsd t. the legal tender fret, il Rould no,
In tease the confidence, integrity and ability OF the
Government; next, IL ~ Confession Of bankruptcy
and encourages bad morality; agtin, 10 i4hcts a
stain On the national honor, and wi initiate curren-
~ with all thecnnsequcnoes ofdepression and be an
eNnmp Of bad faith on the part OF the Government.
Mr. Collamer. VI said the proposition was now
10 issue treasury notes, and m.ke them legal ten-
der, or payable Tor everything. Treasury notes
have been issued betre but have always been pay
able At the option II the person in the payment ~
public debts. We never before attempted " make
NNIaF val IA J H.fa1
But the bill goes still further aud proposes
N make them legal payment FOR all private
debts, with which Congress has nothing n do.
lie referred u the provision ~ the Constitution
that no state shall emit bills OF credit, and re,d
from the debates In Convention on the sunIsct and
commended that the trainers " the Constitution in
tended expressly D. shut out the power ~ the states
y issue any su' paper AMI especially make u legal
tsnder ana they N,ud not have meant that the
states were not alloged " debauch citizens, hut
Congress wauld he allowed 20 lebauch eyeryb dy,
lie oontended that Congress had no power under
the Constitution T. make anything lesa tender ex-
cept coin.
Mr. SHERMAN ,oiio.l offered an amendment Il
the Committee, that Vie notes authorized ia July,
Adopted.
The Committees amendment with regard 10
payment Of intcrest In coin was adopted.
Al'o the amendment st ising out the provision
that the notes he exchanged .ur bonds uearu- sew
en- per cent interest Al'ptel,
Mr.. Howe wis spoke ~ snne length IN ,,yor %
tie bill. lie cUnteEded that we must have money
n carry on the q vernment and We cNild not RAISE
a sufficient amount 81 coin by taxation In time sum
cient N affect tho object O,nssq uentiy the Gov
sTpment must isE,ls something tbat VIII flr the
time take the place OfcuTrenCy and coin. The Cow
eminent owes a Ian ,e amount, and mus, pay some
way, either in coin something else. II had better
pay in mott than not pay At all. lie dsnisd that
any other Government hal tried such experiment
rs this. lie declared that tie country was dying
tr the want II curreu, y, and the currency needs
iunaiicn, He crntendei that England preserved
her credit 'or luag time On paper currency lie
urged the necessity NJ this cur ency because the
country needs IL ard because IL IL safer.
Mr.. Fessenden me moved an amendment % the
ntndment o. deposits shat are 10 DO withdrawn
with only ten days notice. Ad pied
The an endment setting apart the proceeds of II
public lanas and coutscate~i property aud duties on
In port goods, as q special fund Tor the payment
~ the interest OF the debt In bpnls and notes Il the
Gnited State, and hr sink ing fund, adopted.
Several oIher verbal amendments Of the Com
mItee adopted
Mr.. fessenlen moved n amend the first section,
10 make the bnnds FOR wrigh the notes are
funded redeemable at pleasure in five years, instead
OF twenty, and payable Ia twenty years.
M. SHERMAN opposed the en-, as tending
" dtpreCiate the ch ara ter ~ the bonds.
Mr. FessaI1en said the amendment was n prevent
paving too hiRh interest Gr Icing nun Der u years.
Mr.. Chandler, fMichl said there no time
since the FL q ~ Nlvenber inst the could not
be 81, sed in sixty days. Only one obstacle stnd
in the way for four months which Congress could
removed tomorrow. lie believed the order forward
would be given and the war closed by the first day
a May. Adjourned.