The New York herald., 1862-02-06

F, we ,ssues. DO this and you will find the gold ru
aous~ o. :" 0ep) Of Ne, said that It wssouits psss
ga y To cra,,. oeot' The property OF ths country
nopIipaIIv q. n,r ror., Nm, only means OF roachn
=. ry ,sxation While waitlar 'or .ns ssmin l
OF the tax gatherer must borrow. BacNers s-d Ae
chants are only tue middle msn u. ess'y 'le ollae
vases must fan on .uy en-.
country. STRIKE out tho "lega tender" clause in tn
oi and It would be but Duplicating be present issues
notes at discount II was really the "spece clause
ana as hard money man, hs cot not vote for the
MI ALLEY, (rep) OF Mass, said:-Ulon tho decision
OF TINS hour are involved In great dsree, the pros
pery and growth OF all the material intessts of th
c'uhy lor generations 10 come, less than peconlary
salvation in the present Benencent as this measure
as one OF relief nothing could induce him give u his
sanction out an uncomfortable necessity To DISPOSE o
the bonds OF ths government at anything that greedy
avarice may dctate-and the really
70 TINS rather than resort to this sucking
very ne bod OF the nation to fertze the already pro-
life soil Of the capitalist Congress has the power TO
inausurate today system of financial policy both for
tho COVE nment and the people, which win establish our
prosperity upon firm foundation and give strength and
stability 70 our institutions Let us not disappont in
ths moment or peril the just expectations OF the Aeri
can people.
Mr. sPAULpNo, (rep) OF N. Y, addressing the COM
mttoe, sadl have received note from the Secretary
OF the treasury ntiatng that it is absolutely necessary
to press this measure for vote without further delay
therefore move that the committee RISE that when
II sits again the debate may be limited.
Mr.. HoGr IN, from the committee aidThe Comm ttee
or ways and Means do not make the motion. hope 1t
will be voted down. (Cries OF "GoOd," 'tGood' az
Mr.. SPAuLDNGThe object Of this uoton s simply tha.
we might limit this debate with view to take at
one o'clock tomorrow. intend to 60 back into COM
mittee, and then, after rising now allow Mr.. Wright
ana Mr. Horton to speak, Mr. Stevens close the debate
and then 60 10 q vote.
motion is simply thsto allow certain avores speak
Great confusion ensued, dozen members obectng or
otherwise endoayoring to be heard.
Mr.. SPAULDING-I desire to saw that after the general
debate closes and We go to vote on the amendments
short speeches will be allowed, usual other bills
Everybody will have an opportunity to speak to the
amendments.
Mr.. WRIGHT, Union) Of Pa, said that he had voted to
sustain the President in suspending the writ Of habeas
corpus IN declaring certain ports blockaded and for
other extreme measures justified by the public neces-
sities Now they were called upon, according to tho
terms OF this BILL TO declare constitutional and legal
make money out Of paper He (Mr. Wrigt) did feel
justified in going so far as to cast his vote any such
measure He would vote for taxation TO the utermost
limits We have the MEANS the property and the money
But the issue Of the paper money proposed would
bring upon the country worse ruin than the rebels have
already thrown upon IT, The notes authorized by this
bill are payable at no place time and made legal
tender in payment Of all debts. He argued that
according to the constitution they could not mako
anything but gold and silver q legal tender.
The principal substance of the gentenan's remarks
in support OF Mr. Pendletons arguments upon the
sttutionay Of the proposed scheme. These argumonts
had not been slswared and ey stood from first to last
before the committee uncontrovsrtcd and unconrc.
vertible. This is measure Of nscessity-it ID 70
sSsfss g .ss @ sa s S sS%EaS ss III
s Z e. 1 s
rl) Tho first bill is calculated shock outrage tho
moral feeling OF the country. People will agree
lond their money agree TO invest one hundred dollars
for il at the rate Of eighty hvs or ninety
cents for the dollar. It is not safe for q
legislative body to initiate such swinde this. 1t
viii do for Us to set example Of axity morals
The government has, within the last Ave or six years
ciandesney taught tho lesson Of corruption and tho
Nttc oAu to
But soemnly declare here BY this bill, that wrong is
right and these views will extend TO limits you cannot
calculate l. for one, will have part parcel in s
gisstivs act Of this kind Confusion and uncertainty
oles, and We would never know how much have, or
how much want for Of proper value standard
to day and from hour to hour and all the legislation Of
Congress cannot mako anything but what it IL. Under
the operation Of this bllexports will decrease and imports
increase. Agricultural interests will be injured to an
ncalcuiabe extent Our necessities will then compel
to import gold TO pay the duties We will owe TO foreign
countries FOR the excessive imports supenduced by the
pressure at home. Government will suffer by the iuta
ton Of prices and the onnlpotence Of Congress will fail
TO afford remedy. II would be better at the pro-
sons moment to go to the savings banks Of New England
OFFERS and willgive you bonds" The advantage
would be in this that you could measure your indebted
which you know by acting according
provisions Of this BILL It is great acttof oppression
which you contemplate and the great bulk OF your people,
tho who earn their bread by tho sweat of their
brows, will be the chief and indeed the only sufferers
believe the Morrill, bill is step in tho right direction
With tax bill the people will upon what they have
to depend and they will give all the money that IL necd
Cd They will then place faith in the ability OF the
government TO put down this unhoy rebsion and that
is the great thing needed.
The committee hero rose
The general debate this bill Is to cease the
praton of two hours after tho House shall again take
II up This only refers TO tho general debate. In com
mittes debate will be resumed on the amendments,
limited to five minutes
Adjourned.