New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-01-23
HOUSE or REPRESENTATIVES,.
prrrTy KrG!sTrR or TREASURY.

Mr.. SitN EMS lAfp., Id.J TePOIttu u biil liV-
vidpe for the appointment OF Deputy Register Of
tie Treasury, with a salary Of 5000 per annnm,
and extending for two years from date the provis.
ION for the anpontment of Assistant Secretaries OF
War, az their terms will roon expire lie said that
ths Committee on Ways aud Means had received
a letter IRON l.. T.. Chitienden, Register OF the
lreasury, stating that, owing 10 physical h6oI
aud other cause, he has rheumatic paralysi in his
ri sht hand and therefore that hs Ia unable TO DIR
CHARGE his official duties. lie asks Congress to ap-
point Deputy Register The bill was introduced
in accordance with ihis request.
/ Tie bill was amended by making the salary OF
tho Deputy Register 1000 per snnun, and Limiting
the continuation OF the Assistant SECRETARIES to one
year from date.
The bill was then passed.
COMMITTEE 81 TIE WHOLE.
The House went into Committee OF the whole on
the bill IL provide WAYS and means for the support OF
The Government.
Among the amendments which are subsequently
10 De voted upon ia the llouse authorizing the Sec
rotary 10 dispose Of bonds such terms as he may
deem most advisable, for the lawful money Of the
United States or for any Of the certificates Of in
deb edness that may at any time be unpaid or for
any of the treasury notes heretofore issued under
the provisions OF this act.
| Mr COX Dem, Ohio moved TO amend by max.
10y the revenue payable in legal TENDER as he said
pro forlna 10 rees bis fear OF the effect OF ncreas
ing paper money UPON Western interests He had
/ always opposed its issue. He now opposed II, be
cause every dollar of new issne burdened the West
by increasing The protection TO New-England manu-
factures The customs being paid IN coin, the price
Of ooin goes up paper money increases, and the
Price OF coin enters into the price OF the article up0n
which there IL money tax The consumer pays 1t.
For instance the importer purchasesS worm OF prints
in EDglaud When he enteTs them for consumption
Le paws 80 per cent duty. This he adds 10 the Org
nal purchase, making Il 80. He also adds the differ
ence in exchange ca per cent, makingwih the first
cost and duty-$l 90 On this sum he charges his
profit Of 10 per cent, OF l9 cents which nakesS2 w.
On THE the retailer adds his profit OF pei cent
or f. cents making the cost 10 the consumer 81 oil
Thus, under the present tariff and paper-money sys
tem the manufactures gets an actual protection OF
10 yer cent. DO you wonder that the manufac-
iureis Of Massachusetts divide their regular 10 per
cent and from ~ to 90 per cent extra on the LIST OF
January Tho Manmkeag Mills OF Salem divided
66 per cent extra, and the Pepperi Mills at Bidde-
ford, Maine, divided so per cent extra.
Many other mills divided large extras at the same
time. DO you wonder that certain persons IN Mass
achusette want the war 10 continue for seieh pur
poses These and other facts show how the agri-
cultural interests are impoverished and how the
life blood IL sucked by these manufacturing yar<
pires from the veins OF labor through high tariff,
and in nconvertibie paper money. Agriculture gets
no protection.
Iis surplus above domestic consumption secks
foreign market and receives no benefit from pro-
hbitye or protective tariffs or from an Inflated cur
rency. Hence agricultural products do not rise'
Let luis p1Otres vi lew aAu eh' "No'Nn
II the West will be transferred 10 the pockets Of
New.England mOnOp0,ts and capitalists. his Is
"A poor way TO sustain the credit Of Government
which depends on taxes, confidence and union.
IL is poor return for The patriotic devotion oil the
West 10 the Republic. II such policy prevail, II
will increa,e and not mitigate the feeling in the
West against w-England speak this 10 warn
ing and earnest devotion TO tue whole Union
Mr.. MORRILL, rep, Va remarked, az the gen.
tleman from Ohio wac a distinguished leader of the
ether side of the House IL perhaps necessary to
say that it was almost the unanimous conclusion that
the nerest the permanent debt should be paid IN
coin. Ii this feature OF the bill were stricken out
whence would the Treasury procure coin for this pur
pose
Mr. COX'S amendment wa rejected.
The second section amended as 10 authorize
the Secretary TO issue four hundred millions in
Treasury nOtce, the interest not exceeding per
csntum, payable semi-aunually in coin, and the
principal payable any time after three years from
date; such notes receivable for internal dues and
all debts and demands due 10 the United Sa.er ex-
cept imports; nothing in this section 10 be con-
,trued 10 authorize any additional issue Of legal ten
der notes.
Mr. PENDLETON Dem, Ohio moved TO strike
ont the Third section Of the bill providing for the
ssue of 600 100000 of legal-tender notes saying
that this subject the Administration was divided
against I,elf. 10 these days, when loyalty to tho
Administration only II deemed loyalty ~ the coun-
try, those WHO support the Administration arc in a
fOmew hai strange position. The President says the
currency ia already to- much inflated, prices are be-
yOnd their real value aud the general interests OF
tue country suffer. lie had expected to hear some.
thing from the Committee Of Ways and Means about
that message.
Mr.. HORTON Rep. Ohio did not know that 1,
was exactly fair 10 expect every member to support
everything enanatisg from every member Of the
Government. He might quote familiar maxim:
"As the times change we change with them" and
he would further cay, when the measures came be.
foIe the COMMITTEE they would give them careful
and deliberate consideration According 10 their
best Judgment and all the information they could
obtain from men Of experience, they had come TO
the conclusion TINT there was no way TO get along
except by giving the Secretary power. The Mes
sage had been referred 10 the Committee Oh Ways
and Means, aud when they got time to consider and
report on il, he had no doubt they would express
their opinions frankly and explicitly. The bill be-
fore the Committee should be judged On It's own
morits
Mr.. BIDDLE Dem, Pa SAID they should con.
slider hemse yes most unfortunate that the President
had not issued Procla nation declaring this syssm
of finance to be established "a matter OF financial
necessity lie did not doubt that the majO rlty of
the House would have supported him in 70 dong.
ILaugbter.l Or, If he had issued a Proclamation
altering the names OF the months, the number Of
tho days Of the week to ten after the manner Of the
French Revolution, we should have got majority
10 sanction it on the plea of necessity, which was
the ground Of everything. Laughter.
Mr.. LOVEJOY rep, H. expressed rcgrc; that
the gentleman should indulge In remarks OF that
klnd. The President was the last man 20 be charged
with attempts 10 exercise arbitrary power. The
gentleman mutt know IL, and he thanked God that
The great mass OF the people believed IT. He warned
toe gentleman III high feather NJ tho recent
successes OBJ aimed under false pretenses that tho
triumph of the wicked was snort" Laughter. lie
desired 10 read from the Constitution
Mr.. STEVENS lRep., Pa What night las the
gentleman 20 read from The Constitution daughter.
Mr.. LOVEJOY read the duties of the President
l.. Il