New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-02-06

sous al this bour are involved, In great degree
h erity and growth Of all the material inter-

o;o,s ar this hour are involved, In great degree
h eity and growth Of all the material inter-
eta of this country for generations 10 c0Ine, g
iban necnuiary ealyatOn H. The present. Bonehcent
AZ hi. measure il as one OF relief, nothing coull ~
duce him 10 live II Ills sanoiion but an uncomfortable
recsa.i,v To dispose of The bonds OF the Govern
ors, ~ anvt ing that greedy avarice may dictate,
ADD re Alternative really amounts TO TINS, riu er
tan resort TO this measure, Is su KING me very me-
blood of the nation to lerui ~ lue aiieeuy piou'
anenrare today "A system Of financial pohcy, 6oth
for the Government and the people, whlen WIZ eS,
tab isb our prosperity upon firm iOundd'ioh, anu
give strength and stability to our Institutions Le.
Us not disapgout IN this moment OF PERM '"' ''''
lexpeciaiions of the American people -,
Mr. SPAULDING lRep., n. ~, addressing tne
Committee esid: have received a note IRON tue
Secretary of tue Treasury, intlmaing mat II 10 OSo-
nely ne cessaTy 10 press TINS measure I0r '''-
without further delay. l therefore move that the
Committee rlse, t.ht NDeii II SITS again the de-
bate mny 'e limited.
Mr.. MORTON, from the Committee, said: The
Committee of Ways and Means do not make he mo
ton. l hope il will be voted down. Cries OF
- Good, Good 81 hope it wilt
Mr. SpAULD1NG-The object Of this motion is
sim,ly that We might Limit tbs debate, with view
to take a vote al one o clock tomorrow. intend
10 90 back lnto Committee, and then, after iising
now, allow Mr.. Wright and MIR. Horton TO rpeaa,
Mr.. Stevens TO olose the debate, and then 20 TO
vote.
Mr.. LOyEJOY rep, Il.)-The substance Of this
nation il simply ibia-tO allow certain iafOihes 10
speak.
Great confusion ensued a dozen members objecting
or otherwise endeayoriDg 10 be heard.
Mr.. SpAUIDING-i desire to ray, iha' alter the
general debate closes, and We go 10 vote on tne
9mendneurs short srceches will boalowed, 81 ususl
ON other bills Everybody will have I'll opportunity
to sneak TO he amendments.
Mr.. WRIGHT Union, Pa said that be bad voted
TO sustain The President ia suSpending The writ OF
hab.as corpus in declaring certain ports blockadeo,
and for other extreme measures lusiied oy mo pup
Inc n,ce,, iues Now they called upon accord
ING 10 the terms OF this till, to declare u CoHiiu'
tioua and legal 70 make money out OF paper. lie hr
Wright did not feel Justified IN gong 20 lar as 10
cas-, his vote for any such measure lie would Voie
for taxstion 10 the uttermost lnits. We have the
meene tue property, and The money. But the iseue
nj m. parer money now propo.ed, wonld bring
nron the country wore ruin than the rebels have
aiready thrown upon it. The notes authorized by
this bill are payable at no place or umei anu are
nude a LEGAL tender in payment OF all debts. lie ar.
gued ltet according 10 the Constitution they could
no, make ANYTHING but gold and sivera legal lender
The priucipsl substance Of the gentleman remarks
was in support of Mr.. PeDdetons arguments upon
the uucous'ituiionslity Of the proposed sGDeue'
The. q arguments Rad not been answered, and they
stood from fret 10 lAt efore the Committee incon-
trovertible Til. If a measure to declare that the
Administration il not equal 10 the occasion. YIN
not vote for any measure whatever with that ceear.
alton going 10 the country. Therefore am opposed
10 the bill fret reported, and advocate rs substitute
the bill Of the gentleman ffom Vermont MI Nor
ILL., The I'LL is calcdl.ted to shock and outrage the
moral feeling o. tbe country People VAL never agree
lend their money, agree 10 inves, elOV "l'n 'he
consciousness Of getting receipt Tor IL 4" tue ra' VI
IS er 30 cents Tor the dollar IL is not saie Tor
legislative body TO initiate such s~li'i as 'L.1'
- ION Am
morals. The Government has, within ire Last h'e
or six wears claudesnely taught the lesson oil cor,
rupton and the public morals are already as hiueh
cofrupted "a j. safe Bat solemnly declare here, oI
this bill, that wrong is right, aud these views VIII
extend 10 limit. yon cannot calculate: L. ior one,
will lave no part or parcel IN legislative act OF
,bs lind. Copfusion aud uncertainty viii extend
In relation to the value oil all exchange articles
md we would never know how mulch we nave,
or how much we want, Tor want oi proper
value standard. The depreciation OF paper cur
rcncv inoreases from DAY 20 day and fiOm hour
-. Iorr and al tie legi,lailon of Congress cannot
MIKE ANYTHING but what II Is. Under the operation
of this I'LL exports viii decrease and imports Ia
lc,c.,e Agricultural interests will be inJ0fed to an
,it.,.io .,ta..- anr e,oseItes Will lnen com.
ny M 10 EXPORT gold In pay tho du,ios we VIII
owe 10 foreign tries for the excessive imp orts
Isuuerinduccd by the pressure al home. government
Will suffer by the imitation OF prices and the oilhlpo-
fence of Congress viii fail 10 afford Il remedy. IL
tie eayinps banks Of New Eng land and cay 10 them
Fork over the eigoty milo iu your golfers and We
will ave YOU our bonds" The advantage Won Il be
/ in this. that You could measure your indebtedness,
wi ich YOU can know by acag according 10 the
proyisons Of this bill IL is great act OF oPpres-
sion which you contemplate, and the great bulk OF
your people. the men who earn their bread by the
sweat Of their brows, will be the chief and indeed,
the only sufferers ! believe the Mocrill bill is "a
step in the right direction. With a tax bill, the
people will seu upon what they have to depend, and
tuey will give all The money that IL needed. They
will then place faith in the ability 81 the Govern
ment TO Put down this unholy rebellion; ana that II
the great thing uCeced.
The Committee here rose.
The general debate on the bill Is TO cease on the
ex ration OF two hours after tie House shall again
take il up. This only refers Co the general debate.
In Committee debate will be resumed on tho amend.
menls limited 10 five minutes.
Adjourned