Juliet signal. [volume] (Juliet [i.e. Joliet], Ill.) 1844-1???, 1863-01-27

WAsnISoroN, Jan. Is. =
SENATE.


from Ipdiana
Mr. Anthony offered resolution instruc- |
ting the Military Committee to inquire into |
the expedieney Of publishing monthly the |
names Of all officers of the army who are |
on leave, with the date Of the leave Of alb
ssnce. and by whom such leave Of sb1enee
was granted.
HOUSE OF kEPREsENTATJvEs.
Mr.. Stevens reported bill providing for
the appointment Of u Deputy Register Of
the Treasury, with a salary Ct g, 500 per
annum, and bis term Of sfics extending for
two years from date.
The bill was amended by making the
salary of the Deputy Register $1,000 per
arnum, and limiting the term o! the Ufhce
to one year from date.
The bill tLeo passed.
The House then went into committee o.
the whole on the bill to provide ways and
means fer the support of the government
Among the amendments which are sub
sequeDtly to be voted upon in the House
is Une authorizing the Secretary to DISPOSE
Of bonds on such terms as be may deem
most advisable, for lawful money, of the
United States, or for any Of the certificates
OF Indebtedness that may at any time be
unpaid, or any OF the Treasury notes here
tofUre issued under the provisions Of this
act.
Mr.. Cox moved to amend by making the
revenue pAyablSiu legal tender, as he said.
pro lorna, to express his fear OF the effect
OF increasing paper nancy upon western
interests, he had always opposed ITS is
sue. lie now opposed it, because every
dollar Of new issue burdened the West by
Increasing the protection to New England
manufacturers, the customs being paid in
coin. The price Of coin goes up as paper
money increases. The price of coin enters
into tie price Ct the articles upon which
there is a money tax. The consumer pays
1t; for instance, the importer Turchases
one dollars worth Of paints in EngIsud.-
When ne enters them for CONSUMPTION. he
pays 80 per cent, duty, and he adds that TO
the original percentage, making 81 80 He
also adds the difference is exchange, GO
per cent. baking. with the first cos, ADD
, duty, 5 30 On this sum be charges his
profit Of 10 per cent. or 10 cents, which
! makes g 90. On this sum che retailer
adds his profit Of 20 per cent, or AZ cents,
making the cost to the consumer 81 ST.
? Thus, under the present tariff and paper
? money system, the manufacturer gets an
, equal protection Of $50 per cent. D. YOU
d wonder that the manufacturers Of MassA
. chusetts divide their regular 10 per cent.
{ sno from ~ to oO per cent. extra, on tbs
0 Let Of JanSaryi The Naumkeag Mills, Al
SaleC, divided GO per Get. extra and the
: Hepperil Mills, at Biddeford. Me. divided
. so per cent. Macy ether mills divided
8 largo sx:ras at the same time. Do yoU
wonder that certain persons in Massachu.
b sets want the war to continue, for selHsk
/ purposesl These aud other facts sho.
bow tie agricultural interests are UNCOVER
r ished and how the life blood is sucked b,
d these manufacturing vampires frem th,
. veins OF labor, through . high tariff and 10
convertible paper money. AgricUl,urt
gets no protection. It's Surplus abpve do
meatic commission seeks a foreign market
and receives no benefit from pr"bibi,ian o
protective tariff, or from an inflatei cur
= reney. Hence agricultural products do NJ
rise. Let this process g On few years
4 and the wealth Of the West vii be trans
= lsrred to the pockets Of New England mon
= opolists aud capitalists. This is poo
= way TO sustain the credit Of the COVE rnnsn
= which depends on taxes, C nfideuce, al,
70 Union. 1t 10 poor return for the patriot
u &c devotion Of the West tn the Repui lic.-
: 1t such p Icy prevail. it will in
. crease, and not mitigate, the feeling in tn
West sgAiust New England. speak thi
o IN warning and in earnest devotion 10 tn
. whole Union.
Q Mr.. Morrill,, OF VI, remark that. ms tn,
g'ntleman from Ohio was Distinguish e,
leader Of the other side of the ii use IL wa
: perhaps necessary to say that 1T was tn,
+. almost unanimous conclusion that tho in
terest on the permanent debt should b
paid in coin. If this feature Of the bill
were stricken out. whence would the treo,
ls ury procure coin for this pUrpose1
o Mr.. CO1's amendment was rejected.
The second section was amended 81 a. /
authorize the Secretary to Issue $500 600
= OOO IN Treasury notes, the interest not OF
:, ceeding per cent, payable ne mi. nnualI
IN coin, and the principal payable an
( time after three years from date and note
receivable for internal duties. and OLD DEL,
and demands due to the United Safes. ex
= cept imports nothing in this s4ctiun TO b
constructed to authorize any additional /.
sue Of legal-tonder notes
ME. PendletOn moved TO atriko out th
:, third section Of the bill. providing for ID
: !, issue Of $780,. 900 00O lrg CALENDER notes
saying that, on this subject. the admins
!. trsti"n was divided against ITSELF
b After some discussion, Mr.. PendIetop'
,. amendment was rejected.
A new section Vas adopted, that. afts
the lst Of March, 1868, the courons Of a
oolds Ut the United States heretofore /,
susj, or which may be issued under tbi
act, ct any time thirty days before the
Q become due. be received for customs. a
b coin, under such regulations ~ the Score
Z s2rV Of The Treasury may prescribe.
q The Co,nul.::'t"s- before completing &C
!, tion Ia: he clause taking ban, laid th
q bill aside.
u Mr.. Armstrong addressed the Co nmiI
tee on the subject Of the shin canal fron
the lakes to the Missippi lie said IL wa
y Tue DUTY OF statesmen not only to crush IN
rebellion, but to cement the Union. U
. spoke Of the devotion Of the West 70 m,
z Union, and said that no sectional annea
i could ever shake the loyalty of the eIorjou,
= band Of legal States. The West wouId ~
gard rs traitors alike those who suggested
: Q peace with any portion of the Mississipp
> 10 rebel hands, and those who suggested Z
, Union with prtriotic, brave New England
EFT out. The northern frontier must ::
defended. This canal is the shespes. and
! best means Of defending il. WhIIs The
Atlantic coast 10 protected BY forts from
Maine to Florida, and ~ naVy.:tbe nor.
them frontier. not less important, l. entire.
: ~ Gefenceless and within easy cannon.
range for hundreds Of miles Of r reiru tar
ritory. The Northwest ehesrfulIv nav,
her proportion for the defence of the AtIcn.
: TIC. and will pay furtbe. the large appro>
prlatIons required; but We ask in ins,;es