The New York herald., 1862-01-16

tops they are both Of them az nothing compared with
me qay sccumuang and most disastrous financial enn-
sot only from the present momsnt but for century il
ney.pe The war must come to end sooner or later,
snd one way Or another and foreign complication can
anu whl Dc adjusted, with without war, which ~
nos! could not last long But the errors or crimes of
e financial conrivancss and embasssmsnts Of today
gensrations winch shall come after us whie then, we
onent 70 begin this work n once, Jet US
not no.. a hurry over II. For twenty ak years. the
evWy form has been debated in this house for months
" suceNon Abolition petitions, the wimot proviso,
M cQmromises Of 1850, the Kansas Nebraaka BILL the
troubles in Kansas and the Lecompton consttuton each
IA have consumed the time Of the Senate and House
G yssks .ogaher and even now, with public debt o.
too, at the rate OF two millions Of dollars per
aay7Mth an empty treasury apd means 70 replsnsh
even s ast resort Of the inevitable bankrupt borrow
MI al these things staring in the face
slsss the objects Of the war, ne conduct Of T..
Bu1 sete, the Trent affair." the frankns privilege, the
coast Tho government CONTRACTS, ,a whatever else
Saat-.l a. Hiiend ishsn) SesSsd pssSea, ~
yes 49, ~ lnows - SCR Gr145 g.o6111is
"a = nee,s, 49, y fsss; q w =.
dayetexsse aas.eA ~ bsut - 30 insAe H.se
- ee1 11m11g tna1qnng - audnsla IA =, thn,
eIs = 1ssses fss ~ ssSsas tSsm q isusth, day
eaSef ~, - not wqit SUI ~ IN DoUont, md then
.,sSs s:Ssss ys - soa have 9Ss
ssss 'ss' .nss III sssi s."ss ms sass az
stana md honestly ths full sxtant ana real cha
racter ~ burdens We lay upon them, and know and
Eel a have faithfully and dilliesnty done the best
0eyefy wsy TO proteet their inlerests and the
readepecre Of rcpudation viii never be evoked Lot
us mc in this business but let us also advance
sass ss e ssS ,hss s. sss.s s:
monm3ss & - any q the qus,eisn before us and
whasvs ~; 5s. e meet 9. % srapp With = boldly and
Is daa?ls "A disunion II the worst form, and win
put on end % The war not BY honorable adjust
but ~ yimmsatate, eternal and gnominous separa-
tion m Aot now ncrc question Of tho vigorous
prosecution ofthe war; as th. phrase goes but ahso
utely efEi5nple fnancie salvation Taxation alone,
heavy 6ptupo sound principles, and IN the
/ right w& MM nov saye us I hope am not now
hsye ~ nj ~ thoss who think that "no good can
come ope4 but address myself 70 wise
men asa ssssh therstore that these me.sufes Of
searching o. tkcm 10 advance, and that they
| nnuSsl ~ indpoftancc ds1nand. II No. srs not
take jas sSha.sysr 0s ssers.vey q nc ira.
other them ocmbined may choose 70 submit
TO 9 let fcsig and go home 70 the end that abler
dishsat But the work win be more than half done
When whsesysS ttsh have Boldly ruaufuy and honestly
= !, NJ M ffsp.) J Of Ohio, hoped TIN. the House
would q 81 II pass the rcsolason ~ purpose was TO
notS ~ xlry Of our intention 70 provide for the
us,S ' s's ns ssSp
ior thIs 81 ibtSq md 81 order that they may know While
y sslk shsSs y goq! deal H work gong on in ne
TO vote tal resolution with aknowlaec thatt m
mittee Xays and Means shall bring abont nnancil
condition. l6Ings which WIN m Tho best way serve Tie
s. o:s :ss.s t ss " s;:ssss ssss
sss s: ss e. ss e. ssS ssAs ss,sse Sss
snG ksaeA xass e s ics snssnppssss'fa q h rs
3 He s 80 ssssls ss va i p fs.ssss ~ 81 &
ss'ss sssss = slss sss Az "a
Sif cxxrnxrL, (rep1 Of Pa, inquired whether Al wa
MOI as necessary deprive the enemy Of ths snews
war 1t 10 provide means TO put down the rebcn,
and whether it was the purpose Of the Commttce on tho
Judiciary TO ort bill to confscate the properly Of
rebc.s and free their slay es t"- tt -.
/ Mr.. BINGHAM would directly answer that question Tic
SUPREMACY Of the law, he argued. was essential 70 the
1hcrepublc cannot live unless the laws
ohcycd. For tho suppression OF this cbcon the rep
resentaves Of the people may antho the army Of the
oole do whatever may be necessary for that pGr
cons sent with uscc. They should employ whatever
means necessary TO this end. He went urtler
when he said we have not discharged our duty in
cordance With the av already asscl. He hoped all
would agree TO confscate rebel property Wherever
found, and IL their duty TO pass, without delay
bill 10 con:scatc property rcDc.S
personal and mixed but airing the unconditional free
dom CT the four mi Tors OF slaves by whose toll this re-
bchon l. maiuai@cd Ihcn nay be sait 'The L'Id
hath trum hot gorio sly u horse and his rider have
been thrown into the sea-. o Maintained that penary
power resides IN Coag To 2 c Ike unsendi ona
emancipation Of the siaySa. -.
Mr. MoRRTI (res) of Vt. briefly cxlaine, the .bect
Of tn resclnnn ]: was plain proposton aad he sup
| posed il would net be me- by spgc Negative vote.
Whatever has been Gene by armies, IL certain
| that the Committee Ways and Means have gone
! into winter quarters THIS subject involved large
amount OF hvest cation Information to small extent
only had obtlbcd from the Treasury Department.
But the committee would, ut the earliest possible mo
mcnt report bin hearing equally practicable on all
Sec IONS that tho government may realize hundred
millions of dollars by the Indirect process of taxation
which with the direct and the duties from inpoi
will secure ono hundred and fifty millions OF dollars an
nUaily
! Mr. vAIIASDGHAA Intellectually sought 70 amend the
resolution order TO the amount Of revenue pro-
| posed only so loig as IL may be necessary.
: The question taken on Mr.. yalaadighams motion
postpone the resolution until Monday week, which was
disagreed to by yeas 80, nnys ll3.
I Mr. Cox. (opp.) of Ohio, said he wished 10 Withdraw
his vote the postpopenen, as b. world favor the
resolution; hut he was unwilling to see this measure
adopted nfier the speech OF his colleague (r BiDgham)
! and without chance for the minority to answer il.
The House then passed the resolution Under the opera
Of the provious question; by yeas 1885 nays b. The
nays wcro as folowx:-Messrs alien, koomsons Shie
| Voorhees, and Wood
iuKRATox AM COLONIZATION or
Mr. BLAIR. frcp.) OF No., from the Military Committee
reported b amendatory of tho direct tax BILL and for
ubcratng and coonZng the slaves OF rebels which was
committed to tho Committee OF the Whole On tie State o
the Union.
| . PRESERVATION OF TIE MrTAiic crRREStY.
On motion OF Mr.. vALi-ASDlGRAM II resolved thai
the Commt,c &C Ways aud Means be instructed 10 in
| qure whether II any and If 80 what, Legislation
| may be necessary and proper, In view Of the pre-
| sent impending events, 10 prevent the expectation
| melting or boarding OF the domestic and foreign
| coin OF or circulating in the United States, IN
cluding also, the exporta'ion or boarding of bullion
Aso TO inquire into the expedenoy of revNbg the acts
authorizing the currency Of foreign gold coins and max
ING them legal tender and whether any change in the
aws reguati ing the value OF domestic foreign coins
necessary proper and 10 report by bill otherwise
| Mr. vArIAxDlGBAN remarked that he did not contem
plate return the absurd and exploded direct lcgsa
ton OF pains and penalties but 10 wise and Indirect
mercal legislation on the subject.
| PROHIBITION TRADE.
Mr. Eliot (rep) Of Mass. from the Committee on Com
merte reported bill prohibiting the Chinese coolc trad
by Americans Amer vessels which passed aftc
spccch in its favor in which he said II could not be oun,
In All tho history Of the slave trade that greater arocc
and violations Of human and divine law have com
mtted than in the coole trade, which fact the ccis
documents disclose.
rHE cARRYMa or rRmrxp NArrER OUTSIDE sAis.
Mr.. CoIyAx, (rcp.) Of Ind from the Post 0ffce Com
mitteo reported bill regulating the carrying of printe