Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1867-12-04
Montpelier, Nov. 81, 1867.


THE IMPEACHMENT QUsrroN.-To two Of the
specific complaints Of the majority, the neglect to
convene Congress and the pardoning Of rebels,
we think a complete answer is that both, in the
terms of the constitution and the laws, were with
in the discretion of the President; neither of
these ofenses are legally impeachable. Toall the
rest the general answer doubtless will be, that
the President acted according to what seemed to
him to be the exgeucies and necessities Of the
case growing ont of the war, mainly ON the plan
adopted and left to him by President Lincoln and
submitted bis action subsequently to Congress.
We do not believe the Senate can impeach the
President on this Indictment or that a majority Of
the House will force trial on such ground.
Had the President persisted IN the course indicat-
ed a few months ago in refusing to execute the
acts OF Congress amore serious cause of impeach-
ment would have arisen but, whatever he may
have wished privately, he has apparently and Off
cially ,lisowned all control over the matter and
left the execution of the reconstruction acts where
Congress placed it. This we think will save
him from impeachment
The FINANCIAL QuEs ION is to be one of the
most interesting and important of the present ses-
sion We print in full the bill Of Senator Nor
rl, which aims at early resumption of specie
payment and a redistribution OF national banks so
as to meet the pressing necessities OF the West and
SCUM Nheh 'uc N"''o"A' D'"N o's'e" wac
adopted capiai aoouhueu III tne o'u Noi,"e'u
ana Middle loyal states ana 'ne'e 'ne N"''o"'
Banks aoounued' IN me ne" o'a''S 'ue'o "e,e
more people than eaptal anu OIL courSc ioSs p""N
ing capta' 'nan was heeu'u' 50 'Ho ,''o VI nue.
est Is hlgn' anu WIN all 'ie "u s''o u! '''o
ern ana AtlahVc states Tue "es' mas ''e,' anu Is
short AT the oon'h' Impoverished 'y ''''' 'u,
'c'uM reoel'lon ana war AL are oo''o"e's an"
none are c'i''al's's--so banks are le" anu 'uo ne
e'',,y ~ NC l., Wv, .;''.
''' ~
"''''o ~..,,,i.I i:e
LAY 0D''''',' - ., 80, 49,. IT.
''''Ie0 p'r ~,
P''0''I' r-'0 lf,l,t,. ~,
~, Ill.,, H., .,.,,,,;,,, s,,., ,,,,.,oo,,ts a. a.,
o,r d,,, 10 ,rt an and 20 tho dopbt ,bo,t tbo ,I-
.in,ato rodor,,,;,n ~ ,e National debt in s,,eci.
Tho des;o, Is GOOD hut its nracticobnity. and
even its possibility, seems to us doubtful.
The United States have from two to three times
as much currency as it ought to have, and yet
there is a cry for more, to initiate prices for those
who have gone into business on high tide, at the
expense of the mass of the people The tendency
is to run up our own productions so high that the
rest OF the world cannot buy them--so we have to
send gold abroad, or u. 3 bonds at a a great dis
count. In return the importers puY on prices to
more than eoual tbe inflated nrices of domestic
1..,,;.. 9, tau.;,,,,.. ,,a ;,..,.,,.. 80,
!, a.. -. W. 80.
- - -, .-...,.. III. J.. -,
nc soon ,s nossble Not ill then can we stand
ON An eouaiity with the rest of the commercial
,vor,d or substantially thrive
,,;.;o ., a., oo,,,.;,.oo. .,no.a,. u...
A. ~0a5,,.;,'.o :. ~, ,,-;,..t, isnl 'I.;a,s NI.
g, - 80, ,.o;,I,s ou,, ,,,,y,,r.s ,n1 AZ.
Poland on revisal and unfinished business The
Senate, on motion OF Mr. Edmunds' has arrested a
coniumacous witness for contempt
Our acknowledgements are due to Senators Ed