New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-01-24
40 to the estimate of the Secretary of the Treas.

Jerpe sum: but, with our bouDdess resoUrr e. and
maichess developing the material Interests
Of the country nay tie interest EARLY, ard 4
necessary. portion OF the ptiooipal, annually. IL
need BE-, we van make put lac lancs, If properly
managed and oispo ed OF Judiclou,iy, Pay one.ihlo
Of this debt before il matur. il IL is funded for z
year, ana have enough left To pay twOt leds OF ne
balance The succeeding 20 years. Nl1e hundred mt
lion collr. il only about twice az mnch rs England
usual suount Of expenses in times Of peace--bul
little more thnn she has expended in single year al
several periods in her history. Our surplus earnings
il 40 or three years viii wipe It out ali out, we
Oib, Cen auy nan Of rejection doubt, when ne
realizes that we have little cause 10 question INC
ability of the Government TO maintain IFS creoh IN
impaired through any reauniary trlal may he calico
noon 10 encounter He wac ia favor OF Issuing no
noes of lees denomination than $40, became b. wa-
opposed 10 the Gov-rDn ent CONF ing IN circulation
vith the banks any more than "a absolutely rec =
sary TO provide for lie necessities. lie thought
hut The in,erett OF all woald be promote
by leaving The banks 70 supply tie email
local currency, podicatea upon ouita ''a
bonds. The measure OF taxation was 30 Oh
yiou.ly vie, tiat lie would only remark, in tue
iucuaQe Of Tie great Statesman, " that nations as
well as Individuals ought always Ia contracting
biz, to provide some Ilan OF re- empuon;l whhont
u public confidence could not he retained Among
The advantages 10 be gained by the adoption OF this
national currency ~ stem ~as, 40 tie Secretary mas
said that il will uulie with the Government all The
monetary irtese.ts of the country, and make II fOr
Gle recnlar interest Of all sust1in and e,rena then
tue Government aud lis credit. ADOPT Thee
rneasuIe aud diminish the burdens u me people ny
every prudent Ietrenchment and reform by feretiog
out aud puusling all frauds; and then II tue
pocy of lie Government In other respects should he
as Vigorous and wise IA rs financial arrangements
are oliiic aud just shall have the war speedily
closed and state u Property such hs ~e aiieL-
lean people have never witnessed In tie whole an
male OF her history.
Mr. HARRISON Uriop, Ohio said that the OBJ
j-ci OF HE wHs TO eXtcnie the laws vi tne ial",
TO establish permanent peace ana tecufIiy Mithh our
national jnlisdi,tijn and TO maintain republ can NO
,riv on his continent ~ TO tue OF subduiGg
the Hon. be beld that whatever is not prohibited
by our National Constitution or the public law, II
clearly military nec ssty, and legally night lhese
embrace the power ~ seize aud condemn property
and coufi-cte d,bts. The copiscslious ought to be
OF such nature as 70 induce the CizeLs Of the rebel
States to retain 10 their allegiance raLer than to
render them dies, crate He believed that the preya-
lent sentiment Of toe loyal States and the views aud
feelings Of large majority OF the army suggested
the policy OF avoiding any unnecessary Interference
with Slavery IN tue rebellons ; ses. lhe argument
Of The gentleman from Pennsylvania tSteveusl Old
not convince i'm lIarris0n) OF the neces ~ OF gen
egsl emancipation of the Slaves. This war was
waged sg. inst our Government by political leaders
acairrt lawful authority. Therefore the object
should be 10 dertroy the rebel army with superior
Union forces, aud then promptly punish the l-agers
Tor tieasou according TO the Constitution and law
of tnc band. Such action AS may be necessary should
graw our Of public Leccssy. Our salvation dei euds
On adherug 10 tie Constitution In all iss length ana
breadth. Tic American people are determined that
neither the Constitution tie Union shall e Ges-
troyed by any mlinaion or conspiracy, under any
fretext whatever. III we oil maintain an eilcleot
" ar iole, for the Constitution and ihtegry oil Tue
Irr,n On the udncip,cs OF Washington and BIS COM
patriots without being destroyed by Disputes and im-
ora ii abe theories tie rebellion VIII be Suppressed
aud then the eople will be secure Ia tue wisest aud
uost IN during Government in he world, u.ore en-
duug from The fact that II has been pat 10 tue test
for maintaining its efficiency.
Mr.. WASIiBUbNE (Rep., ILL., called the atten-
ion Of the H0ure 10 communication IN IHf
n. Y. TRIBUNE editorsly Endorsed ar worthy
u confidence, touching tie Specisl Committee on
OAR o.s 90 far ~ regarded Gen Mckiustry. lie
denounced the communication ms fake IN all material
respects 20 TAR ar il referred TO the Committee. KS
regards the military authorities here, they could take
care OF themselves. lie read from The ruOlisleo
journal OF the Committee the letter Of the COMMITTEE
Ia Mr. Clements, the Clerk q the Qairtermas,er,
calling on him for the explanation he tend.rej and
y owed that tho ssd Cleneuts was before the Soui-
niee and testified to tie amount 81 more ihan thny
PAGES ~ Iuhshed ia lbe reports, that the Committee
gave him toe widesf htiue 10 put IN everything IN
BE testimony that could explain Sir. chiustry sacts,
sl of which publish, ia tie testimony that sntt
clerk in the QuairI lEsters Department was called
l.fore the COMMITTEE Va re testimony covered
twenty-five pate-. lie stase1 that The examination
u the Witnesses disclosed many u tie ileudueut
acts OF Gen. McKiusry which lie believed surpassed
anything m tic history o. the country. lie cinsed
20 be read ano her editorial of The TRIBUNE, !
tue frauds OF spectators and jobbers,
y hich lie said was good text the best commentary
Jn which would lie the evidence taken by the |
Committee againtt Mr. Mckinstry, which be /
thought TnE TRIBUNE might probably publish, If
i desired TO see IT. suggestions carried out.
Mr.. VAN HORN lRep., n. \ maintained that
le time hss arrived for tho emancipation of slaves,
" no form the strength of the conles sgairst us.
The rebels, having trampled upon the Constitution,
ne by their reasonable acts, 10 more entitled 10
than outlaws. The loyal people Of the
rec States furnishing the men aud money, have tie
tight and demand that every means IN our pOeses-
ion to destroy the enemy should be- faithfully and
vigorously employed. II the gentlemen here do les,
hey are unworthy Of the Official positions they
occupy He quoted from the Sonthern rapers toe
open confession that slaves are one Of the main re-
,onrces of rebel strength aud beiligerent power
Hence the Importance and necessity of utnAiDg IA
iecisive blow at the institution. lie argued that
lie Constitution authorized tie passage Oi
! law for that purpose The forfeiture
II this description Of property oi the
Rebels should be forever. The war cannot be
saged Tor The protection Of Slavery, but Tor good
and tho security OF permanent peace.
lie cid 10, believe with his colleague lSte,Ie that
he declaIation # such policy would parlyze the
,ower OF the army. He wouid assume any respou.
,ilili y to put down the rebellion Whatever hu-
mainly and tie salvation Of tie country demand, he
va ready 10 Weld. The Union will sand, aud eve
rythna that comes betwCeh IL aud it, salvation must
Pc rish.
iho Committee lose, aud the House adjourned.
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