New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-02-14

recolsct correctly, he has voted persisenlly against
every bill to prosecute tho war. The sena
tor ia opposed to all these schemes OF finance,
and says that the Government must pay all
gold for everything OF course the Senator does not
know that no nation ever could carry on war iike
this and pay its expenses in coin, and never GU.
There is not coin enough In existence TO accomplish
such pnrpose: 1t is not possible from che very
nature Of the circumstances, ana yet ths cenator
SAVE he would do il. He would deiend the Govern
ment by attempting TO do what itisimpossbet TO DO
nothing That is the proposition TO which he brings
us. lie is willing TO do that 10 defend the country
which cannot be done. provided that to accomplish
it, which Is an impossibty, you don't use Inc
means. That lie the Senator'S logic.
Mr.. POWELL said he had not claimed that tho
Government should not use all gold. He had re,
peatedly stated that he would the proper local
banks.
Mr.. FESSENDEN-Suppose you cannot get
Mr. POWELL said they could get it as they
could gold-could take it in payment OF the pubhc
dues aud 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 THE with coin. and never could without
using its own paper. But the Senator complained
because the Government put lie own credit into the
market, instead of putting itself at the mercy OF
ANYBODY who chose 10 prey upon it. II was lmPos,.
tibe to obtain gold 10 carry on the war; We bad
carried on the war now for two years and the credit
of the Government had been Sustained noby before
the world by the exer.ions q the Secretary OF the
Treasury. Blu: now the Secretary came
to US and explained that things had
arrived Of such state that, arer
nnch consutaton and careful thought and study, he
had decided that this or s0me other plan neces
sary in order 10 carry Or the war aud the Govern
mert and nobody had offered any other plan, unless
il was the Senator from Kentucky. And as he iilr.
Fessenden) had no better plan to offer, he was VIII.
! inc to yield his Judgment He wonld not cay thai
this plan shoud not he adopted. lie was willing 20
DO everything aud try everything for the safety OF
the Government and to carry Oh the war to sue
cessfnl termination.
| Mr. POWELL said he was as'onished TO hear 20
sble Senator as the Senator from Maine resort 10
ltslk about LOYALTY, instead Of argument.
/ Mr.. FESSENDEN said he was only contrasting
the Senator'S practice with bis professions.
Mr.. POWELL continued at e0ule length, con-
tending that lis loyalty would bear favorable COM
psrison with that OF The Senator from Maine. lie
I believed that the separation IT the States wa5
accomplished by war. He referred at considerable
length TO various acts Of the Government, which he
alleged were unconstitutional.
Mr.. CHANDLER rep, Mich.) claimed that the
proposed currency would be more saie than thst Of
the loyal banks, because IL would be based on the
credi. of the Cover meut, and secured by mort
gage Of all tie property II the country. The
Senator from Kentucky lad animadverted very Be-
yerelv on the conduct If the Secretary OF the Treas
lury. Mhy, lew years lflenu VI liht OclhpDI
had control of the Treasury, and IN time OF pro-
found peace the bonds Of the Government weut
down to 81; and while the friends OF the Senator
were stealing the property OF the Government and
robbng the Treasury, the Government wac Obliged
10 pay IL per cent 1or money 10 carry on It's sgsa.
ton The Senator from Kentucky as consistent,
at least SO his late colleague now a General IN the
Rebel Army, who, when here, voted agans. every.
thing tending TO support and defend the Govern
ment and wac now fighting against the Govern
And the Ssnatgr COuelBtcpt
lug here and voting against every WAT measure.
Mr.. DAVIS (UD., Ky.) referred to the condition
Of the banks Of Kentucky, and claimed that their
= notes were preferable TO "Rreentseks,' and that
the policy pursued in the War Of 1872 was better
than the present policy. He protested against this
y manner Of impugning a mans loyalty, because he
, did not follow the lead Of the party in power lie
" would never forego his CONVICTIONS, but would stand
= BY the Constitution, no matter what the conse-
Mr.. CHANDLER said there were traitors both
North and South trying 10 deprociafe the currency
Mr. HOWE tRep., Wis.) was glad that the Sen.
ator WAS willing 10 stand by the Constitution. lie
admitted that the banks Of Kentucky were sound
and wealthy but was not the Government OF the
United States more sound aud wealthy Did the
people of Kentucky ulstrust the intention Of the
Government to pay, or were they fearful 1t would
not be able to supper. itself If every one would
feel that everything was to be sacrificed for the
safety Of the country, there would be 10 more fears
/
Mr. RICHARDSON Dem, Ill. said the Senator
from Michigan Mr.. Chsndler seemed to think that
10 man could be loyal who did not support every
measure Of his. He believed that there was no
ia the country who stood in doubtful a condition
as that Senator. Before the war commenced he
wrote letter TO the Governor Of Michigan saying
that this country was not worth a rush without II
i.ie blood-leting; and he stood before the country
US having SAID when Gen. Mcclellan was about TO
attack Richmond that it would DO better that those
al Ould Ieri.i than that the General
should win victory then.
Mr. CHANDLER-Does the Senator make that
charged
| Mr. CHANDLER-Wel Sir, it ia falsehood,
whoever states it, There is not the least foundation
for such O statement.
| Mr.. RICHARDSON-The Senator il late in max
log denial
in denying all the newspaper lies about him, no
wouid have had no time for other duties.
Mr.. RICHARDSON said he accepted the denial
of tins Senator But he thought that the Senator
was rs much responsible US any one for the war.
MIR. CHANDLER said "a far as his loyalty was
concerned, bis record was before the country lie
was proud OF it, and had nothing TO take back from
any OF it, Two years ago there were traitors in
these halls trying to break up the Government lie
believed there was no way 10 rave tie Government
but by force of arns He 50 wrote to the Governor
of his State. The people believed to-day as be be-
| ieved then, when the party OF that Senator were
saying that it was wrong to coerce the Rebels.
| Who had the control Of the administration Of the
Government when the Rebellion begani Who had
control of the navy-yardsl A traitor. A traitor
had charge Of the Capital police. traitor-Breek-
inridge-sat in that Chair. There was some one re-
sponslbie for the war, but it was not bin. If he
had had his way, these traitors would not have
gone free from tho Capital Applause In the
Gslleries.l Take all the Ia the Rebel
army, and among them there were no Republicans,
and none who ever had any sympathy with him or