New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-03-22

| be condemned and executed?
Mr.. Shellabarger gave his authority, first, the
fact that the persons were indicted; ana, seeo1a
the fact that one of them had made that state. :
ment to him on what he regarded as the state Oh
public opinion.
| Mr. Harding, of Ky, suggested that the trlai
could be removed to another county py Change VI
venue.
/ Mr.. Cook stated that the bill would cover such q
| case but if not its phraseology could be changed
l to make it do so. Several cases OF the same de-
scription had been brought to the attention OF ee
| The morning hour having expired, the bill went
over to the next morning hour.
Mr.. Raymond, of N. Y, presented petition OF
the Adams Express Company, praying for the pas,
sage Of an act authorizing the issue to it of legal
tender notes in place of likenotes destroyed by
fire. which was referred to the Committee on
Claims.
The House then proceeded, as special order,
to the consideration of the Loan bill.
Mr.. Morrill, from the Committee on ways and
Means, reported the following amendment:
" Pfouided That the bonds which may be dis
posed of elsewhere than in the United States may
be made payable, both in principle and interest in
the coin or currency of the country in which they
are made payable, but shall moi pear rate OF IN
terest exceeding five per centnm per annum
Mr.. Hulburd addressed the House. He referred,
on the opening of bis remarks, to letter from the
Controller of the Treasury to the Secretary of the
Treasury, dated March 10th, showing serious
errors in the report of the Secretary as to the
money in hand on the LIST Of March. The total
amount returned by the Secretary was slO6,9lS-
being in the custody of the Secretary on the 1st of
March was Sl66, 1884, making discrepancy
between the two statements of over fifty millions.
Mr.. Hubbard desired to have, from the Chair
man of the Committee on Banking and Currency,
an explar ation of this discrepancy. .ys
The result of the investigation made by the sub
committee was that Sll6, 100000 was the correct
amount in the Treasury on the first of March.
II $50 -, ,H%
present debt, and the amount that will become
due in the next two years. swelling up to near ST.,
600, 100000, said provision must be made either by
heavy taxation or by funding. He
avowed his belief that for the present the maxi
mum of taxation had probably been reached.
That if the system so ably represented by the reve
nue. commission, as he hoped, should be adopted,
for years it could be expected to yield our gov
eminent expenditures and interests on the public
debt only some $767 900 900 per annum, and resort
must be had to funding. He suggested that it
might be well to authorize the Secretary TO re-
ceive the ten per cent. of the customs receipts Of
one hundred dollars and over in legal tenders. and
cancel the same, or receive the whole in gold and
use the surplus in the purchase and cancellation of
legal tenders, declaring that would be legitimate
use of the excess, and would in time of itself pave
the way for the resumption of specie payments.
AIIe concluded BY declaring his belief that by the
aid Of such government appliances, economic and
thrifty habits and the development of all vast
and varied resources, we should ere long be in
the full enjoyment of the age of gold, and
become in every deed the great republic of the
age.
Mr.. Wentworth next addressed the House He
prefaced his remarks by saying that he had never
before made a speech that was not e4tempora-
neous; but the hour rule prevailed in the House,
and ne was Union law-abiding man, and had
tried to write out what he could read in an hour.
Probably no other man here thought as he did
He was the very member in the House who had
voted to refund to Gen. jackson the amount Of his
fine, and had voted to admit Texas. Laughter
He then proceeded to read his speech with much
emphasis and action, while the numerous extracts
contained in it were being read by the clerk
which made it sort of duet performance that
amused the House considerably. He commended
that the interests both Of capital and labor re-
quired fixed standard of values. Abiding
exemptng United States bonds from taxa
ton. he said that could only be quoted by send
ing more of those bonds abroad, and by providing
permanent sinking fund. He was for the i'm
mediate completion of the Pacific Railroad as the
best means of developing our mineral resources,
and for setting apart the proceeds of mines as
sinking fund, which, he argued, would cancel
our debt i'll tWsnty years. He was for issuing
bonds only to pay debts already contracted The
debt policy should stop and the government should
pay as it went. The annual expenses of the gov
eminent, except the interest of the public debt
should be paid from the duty on imports, and the
interest on the public debt should be paid from
The proceeds of the internal revenue tax, which,
lnder his policy would be annually reduced, and
oe finally abolished in twenty years. He spoke of
he controller of the currency as being engaged
n thwarting the efforts of the administration to
ring abont the earliest practicable return to
pecie payment, and as desiring to dilute the cur
ency. 1%
Mr.. Price of Iowa asked whether the gentleman
harged the controller of the currency with diu- |
ing the currency, or desiring to thwart the return
specie payment? nj. 5f-@
Mr.. Wentworth replied that he saw the control
y of the currency every day in the House talking
nd lobbying with members; while Mr. McCuf-
,ch against whom ho was lobbying, was where
e ought to beat his desk attending to his bust
ess. a.g.t. 1gztt z.s
Mfr. Price thought that that was no answer to his
1estion and he insisted on an answer.
Mr.. Wentworth suggested that the gentleman
ON Iowa would propose a resolution calling for
select committee to examine into the matter
Mr.. Price submitted that until that was done it
as unjust to make wholesale charge agansta
lblic officer who stood high in the estimation of
e people.
Mr.. Wentworth thought that subordinate who
und himself in direct conflict with his chief
ould not remain IN Office
Mr.. Price would then understand that the gen.
oman from Illinois made no charge against the
'ntroller of the currency,
Mr.. Wentworth repeated the suggestion that the
'ntlenian from Iowa (aIr. Price, should prepare g
solution for the appointment of select com
ittee while he went on with his speech.
Mr.. Price remarked that he had only said what
had, because the gentleman assailed was not
re and could not be here to be heard.
AIR. Wentworth Cooking round to the lobby with
air of wonder) Where is he gone2 He was
ere a few minutes ago. [Laughter.l
Mr. Price Whether here or not, the gentleman
lows very well that he cannot be heard in his
fn defense.
Mr.. Wentworth said he was not the man to talk
of a man behind his back, even although that
rson might be contested with the brokers,
mblers and spectators of New York. If it
ere true that the Controller of the Currency was
gagged in thwartng the efforts of the administra-
N to bring about the earliest practical return to
ecie payment and in diluting the currency, then
(Wentworth) would vote for an appropriation /
furnish the Controllers room with history of Z
9 French assignats, of John Laws South Sea
heme, and Of the paper money system of the
te Southern Confederacy, whose Secretary Of !,
liz Of the same dog. Resumption by expansion {
as the old story of the frog that wanted to get
it of the well by Jumping up two feet every day /
ID falling back three feet every night.
Mr. kasson, by permission of the gentleman /.
ON Illinois, read letter from New York mer- !
ant, in which it was stated that in the purchase
ID sale of teas, for instance, the transactions ,
ere carried on in gold He read this for the pur-
,se of showing that the people were already
turn to the specie basis in their own transac-
,ns. s
The Hou5e then adjourned. I
Z tl3 MtzT "a
The OBsEouIEs OF GEN. KELLY.-The remains !
the late yoang and gallant Gen. John FL. Kelly, !
10 commanded q brigade of Wheeler's cavalry, !
d fell at the bloody fight of Franklin, Tenn.
ire followed TO the grave by large number Of !,
mpathising friends and citizens on Sunday after