Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-02-14


them.
Mr. Powell declared tia, there was q scheme
20 DESTROY legal banks aud sebstitute worthless
currency founded on deprecated bonds. He said
the policy Of the Secretary Of the Treasury had
been wrong aud ruinous from tho FIRST. and II he
could not carry on the Treasury he ought TO re-
sign. and not Hood The eoaaIry With tash uever
Mr. Fes.endeu said the gentleman from Ken
lucky had very peculiar views about carrying on
the war. lie said lie Was LOCAL, and wanted TO
preserve the whole country but would do moth
ing 10 Put down the rebellion. lie would let
them 20 Oh. though he said Z MAS ali wrong lie
would do nothing to stop them, yet he vas
loyal man.
Mr.. Powell: As loyal as the Senator from
Maine
Mr. fesseuden said he did not dispute IL. ouly
they differed in their modes OF putting down the
rebellion. He mir fessenden) would defend
the country. aud not allow the free States TO be
oyerruled by savagcs
The Senator from Kentucky said he would do
all that, but would not vote n dollar. lie had
opposed the from the beginning. The Sen.
ator from Kentucky would have nothing but gold
paid the Government.
Mr. Powell seid he had not claimed the Gov.
eminent should use all gold lie had repeatedly
stated that he would use the proper local
banks
Mr., Fessendeu (interrupting): Suppose you
cant get paper1
Mr. Powell said they could get it as they cosld
get gold-could take II in payment OF the public
dues and for taxes.
Mr. Fessenden said the Senator objected be-
cause the Government chose TO use It's own paper.
Everybody knew that no country ever carried on
war like this without coin, and never could.
without using it, own paper. But the Senator
complained because the Government put its own
credit into the market, instead OF putting itself at
the mercy of any body who chose To prey upon IL.
IL was impossible TO obtain gold To carry on
the war. We had carried on the war for two
years. and the credit OF the country had been su.-
tanned molly before the world by the exertions of
the Secretary of the Treasury Now the Secre.
tiry came and explained that things had
arrived ut such a state, and after much consulta-
ton, careful thought and study he had decided
that this some other plan was necessary in
orter to carry on the war and the Government,
and nobody had offered any other plan. unless it
was the Senator from Kentucky. aud as he (fes-
senden) had no better plan TO offer, he was will
ny to yield his judgment. He would not say that
this plan should not be adopted. He was willing
to do everything and try everything for the safety
of the Government and TO carry on the war to Il
successful termination.
Mr. Powell said he was astonished 10 hear so
able Senator the gentleman from Maine re
sort 10 talk about loyalty instead of argument.
the Senator's practice with his professions.
Dir. Powell continued at some length, contend
ing that his loyalty would bear favorable com
parson with that of the Senator from Maine.
He believed that the separation OF States was ac-
complished by the declaration OF He
ferred. ut considerable length. u various acts of
the Government, which he alleged were unstitu
tional
Mr.. Chandler claimed that the proposed cur
rency would be more safe than that of the
loyal banks; besides IL would be based on the
credit of the Government and secured ny mort
gage of all the property OF the country. The
Senator from Kentucky consistent at least
n his colleague. General in the Rebel
army who, when here, voted against every thing
tending to support and defend the Federal Gov
eminent, and was now Fighting against the Gov
ernment and the Senator consistent in re-
mining here and voting against every meas
ure.
Mr.. Davis referred to the condition of the
banks of Kentucky, aud claimed that their notes
were preferable To greenbacks and the policy
pursued in the war of 1912 better than the
present policy.
He protested against this manner of impugn-
ing mans loyalty because i:e did not follow the
lead of the party in power. He would never
iOrego his convictions, but would stand by the
Constitution, and no matter what were the con
sequences. There were traitors North and South
trying to depreciate the currency.
Mr.. Howe was glad the Senator willing
To stand bv the Constitution He adm Tilted the
banks were sound and wealthy but was not the
Government of the United States more sound
and wealthy Did the people of Kentucky dis
trust the intention of the Government to pay, or
were they fearful il would not be able to support
itself? If every one would feel that everything
was TO be sacrificed for the safety of the country,
there would be no more fears for the Govern
ment!
Mr. Howard said he was opposed to the bill
because he believed il was Intended to sacrifice
the banks
Mr. Clark's amendment was then adopted-23
to 10.
The question was then taken on the amend
ment as amended. Adopted-20 to Il.
Several amendments were rejected, and the
bill was reported to the Senate.
The vote again taken on the amendment
taxing bank circulation one per cent. for two
years. and two per cent thereafter, instead OF the
sliding scale proposed by the House. The amend
ment was agreed to. The bill then passed
by yeas 30 nays 4. Messrs Carlisle, Richardson
Wall and Powell voting nay.
Housr-The House took up the naval appro-
priaton bill reported from the Committee OF
the Whole with amendments.
The House rejected Calvert's proposition to
dismiss the 76 midshipmen alleged to have been
appointed by the Secretary OF War contrary to
law.
The House, by vote of SO against 20, con
CURED in the amendment that hereafter while the
rebellion lasted there shall be from one to clever
additional midshpmen from each Congressional
/ District in the loyal States, TO be appointed by
the members and delegates of the House as here
toiOre.
The House. by vote of "a against a. agreed
to the amendment striking out the Appropriation
of S463, 300 for the Maynard, and inserting
1923 900 for floating sectional dry dock o
sufficient size and capacity for raising any of th'
vessels now built Bill passed.
On motion of Dir. Colf,x, the Second Auditor
was directed TO inform the House if some plan
can't be devised by which the hundred dolla
bounty can be paid promptly to families of de
ceased soldiers, leaving the arrears and pay alone
to be settled by the pay rolls
The House then took up private bills.
Mr. Bingham from the Judiciary Committee
reported a bill amendatory OF the several con
fscation acts, which passed. 1t provides tina
in all cases now or hereafter pending to th
ships, vessels other property seized and con
demned, the court rendering judgment shall hrs
provide for payment from the proceeds of th'
sales for any bona fide claim Eed by any either
of the United States or subject Of foreign powe
and properly established, provided no such CLAIM
shall be allow ed if claimant shall have participa
ted in disloyal practices in connection with tn
nrOperty