The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-03-16

,runaon by economy, by manufactures and Of course
h. On u surplus productions; then there oud
,r andt cOu 4 be- maintained He referred ID
!hr Tact that aier July state bank notes would by
Nloh Do driven from circulation and that that would
or n Ina ason, perhaps a. much a. the Secretary
~, n'h would care TO the country
Chang he objected that bill oonIiuucd I'M peace tho
,h h w." Po"e' ~ me secretary over the ncy and
,s VIZ 'In ~ y. the country Ho thought the Secretary
should give public notrc ~ kind and amount and th
p,ior.y y, -, Iresen,suon OF the liabilities to bs
and would accommuda itself 10 H. lie spoke OF IN.
accumulation OF money IN the Treasury lie thought
tho temprAy loan should be paid % aud disrouunurd
He sa the surplus gold was pledged after paying IN.
efest 10 the creation OF sinking fund While thai might
nave been ineSpedicnt IN tmo of war, now there waa
nu excuse AT least for IT. appropriation tho eur.
tailmeit OF the national indcbeducs. He suggested
that II mg h bo well Ia authorize the Secretary To r..
cclye ten per cent OF the receipts Of hun.
drod dollars and over legal iendcr and cancel tho same
receive tho whole Ia gold aud use the ,uIpus in lha
purchase and cancellation Of legal tenders declaring hat
would be a legitimate use OF the eso ~, anf would
in time Of ilsclf nave the way for die rra,un-
ion OF specie paymenis He concluded By declaring his
belief that BY the aid OF such government appl abccs
econHnicai and thrifty habits u the people and tho
should ere long be Va the fall enjoy OF the 0gc of
gold aud become N every tcnsc tie great republic tho
SIR wgNrwoRrH, (rcp) Of H., no.t addressed tho
House. He prcaecd hla rcmarka by saying that he had
never before made speech that waE no, cxtcmpora-
ncou' but the hour ruc prevailed In the House aud ho
vas Union lAwabidng man, GDd had tn a to
what hs could read ia hour Probably other man hero
npuRht az ne dd He was the very member m the House
who hnd voted 10 refund Gen ri jackson tho amount
ol MS hnc. AMI had voted 70 admit La lhtsr
ne thon pro coded TO read hs speech with much eui,
phass and action who the numerous extracts contained
IN y were being read by the CLERK which made son
o. unct that amused he House dctaby lie con.
tended thni the ntercsu both OF capital aud labor re-
CURED hHed standard Of value Alluing TO tic gather
my excitement against CRcmptng United tatos bonds
rom taxation. he taid that could only be auktcd v
sending more Of those bonds abroad and by PROV ding
permanent sinking fund. Ho for tho Immediate
completion Of the Pacific Railroad the best means of
Developing our mineral rorources and for retng apart
the proceeds OF our mincs as a shaking fund
gur In ftxeu
years He was for issuing bonds only to nav
debts already contracted. The debt policy shoali
ttlp aud the government should pay a. IL went Tho
annual cS cnseg Of the ernment except the interest
OF the pub &C debit should be- paid from 30 duties on
imports and ths Interest Tie public Debt ,nd los
PAD from the proceed Of the internal revenue tAx
which under hts policy, wOui bo annual ~ rcduc L. and
DO hnaly abolished IN t"enty years lie spoke OF tho
Comptroller 0f the Currency being engaged la uiw art
ing the efforts of the administration b. bring son, tho
sirng 10 dilute the currency.
hr Pam lrrpl Of Iowa, asked whether The nj, cnan
charged the Compirocr OF thc Currency with dlfuung
the currency ordsiring TO thwar the retarn spcos
pa,mena
Mr wguwoRrm replied that he saw the Cou,ptr ollcr
81 the Currency every day In tho House tax ng
byiDg with members, while Hr McCailoth alainst
whom be VA lobbying was whore ho o-gnt 10 no. bs
Mr. PRfF thought that that no answer o. his aues
tion, aud he insisted on answer
Mr. "ENIWohh suggested that the gentleman from
Iowa would propose resllvt on calling ivf select com
mittec u examine INTO the matter.
Mr. PHrcs submitted that until thai done n was
unjust 10 make wholesale charge against pablo ON.
Ger rho stood hgh n The estimation Of the people.
Mr. WgNtwoKrH thought that a Subordinate WHO found
himself IN direct conflict with hts chief shoald not 70
In ofnce
Mr. PHIcg would then unders,aud that the ecntl.rnan
from Illinois made no charge against the Comptroller Il
tho turrcncy
Ar. wDrwosrH repeated the tugge,uon q tia, the gen.
usmsn from Iowa iM Pricel tholid prepare fcsatlnn
Tor the appointment of select while vent
with his speech.
Mr. Pnicy remarked that he had only SAID what be had
because tue gentleman afsailci here aud could
not be here 10 be heard
Mr. wssrwoHrH docking round W ,ha lobby With an
ar of wondsr--Nhef' = lao gpDsf ns VA. tbers fs.
minutes ago Laughter
Mr. PHor-whs'her here ~ not tho gentleman knows
very well that he cannot bo heard 10 bia dsfunce
Mr.. wIrwourH said he uol the q. an " TAX M Of
person behind is back even although prr-oa might
be Connected with the brokers gamblers ana
~ Ne~ fok IL u ~ers true that the Con ptrollsg -
tho Curebcy ras eDgAs Ia fh.Ating the cnrs of tho
administration 70 mns about the es,Iicst practical
tnrh 70 scle Taym"ns and N diinfng the cafTeBry
then ho tNr wentworhD would vote for ab sppfopsla
@ ffenss as,snAis u John s&a, & "a s..s .sa.ss e
and OF the payer money system of the late pouih'
efn oon'shereoyi vhnso scue afy Of the Tr,asury
cured All hgancisl diseases With tho hsn oi the a.ms
dog BespmVlg by erpanaiou 10. ola story u the
ffos thai Nantef To get OF ~ the sell hy tumpns IN
two feet every day and failing hack uireo fss, o.sry
night
Mr. RAs,s lrepl Of Iowa, by permission n, the Y.n.
ueman rou Illinois, real letter a se0 YORK
merchant IN which u Nas stated u.a IN thu parrhaaa
ana sAv ~ ieas Tor inatancc hi uAnsAuns SER car
ng mat ihe people we're already m.lving even In At
anca ~ The govefnnont for . r.t4fn 20 tl-o st-.,
basis 10 Tier uAnaacIlyua
The House then adjourned