The sun. [volume] (New York [N.Y.]) 1833-1916, 1890-06-22

In lie evening Mr.. Roe-, clerk to. Mr.. Morris
called on me with the letter to inc HoVerngihb s
Spe,SSIer H. A. Nuremberg with the other let.
ter or me to sign Az ths does I R0 @tb ,1I N
There is n subject In that letter which never
have touched. will not touch Il nov; ! nave
written d the M 9s d% 9g i an Re fuuadng
system and pursued 1t with nearly the UNI
temper That we did Yesterday; MI, o mSr II
hIiT mseIf that he would be for an, assumption
e1uai to the representation, and h@d sa nH
Lated .ax sG fo Sm he p0 would S not Crafty nue.
moving II. knew there wa no 6 SnisnTT orce
carrying IT, .But he loyeSid ms Ehoig 5 fnct
H. The only favorable one to our state Tor our
eSstinR State debt cannot be much more tn iaa
SS Po nn OF tho day. Mr. Morris having
Often threatened that lie would vote aEal lrst
the bin. at last made this so nn bre@d. vii
consent to the bill on behalf Of the nupllG
creditors, for whom am Interested u iook ;Sa
up al ot The lniou." This last she'd some pall-
alton over his expressions. 0.ors gsnerol,y
Ind dealt on The lace OF The certificates; or II
thoy had dealt on the amount u wa awx,s ss
an abated rate: clear PROOF they heRo' tbn Nh
every hundred OF principal draws Tour annu-
ally, and as the back interest Is about on NE
EyerG I've e ,ba to es, yie report
this at three Ger cent adds Ipe ne %n cent ner
more equal five anu one,nhll peL Son n tbitrd
tor what is equal to it in Change alley cirSnai-
tom comes at six per cent, wneh an Hnu tbs
gives about seven and hall per cent oh 'ue
face of the original certificate. o,,
have turned the leaf to note that may
G0 ,TidS WIN myy ,hs fhfhiaasphsn 6
Der. Morris senator Pennsylyania was sent ent
l9I e1 letter which had refused to sign yes;
terday, and asked me to sign it. | refused ana
told him plainly 1t touched subject nn T Ie snid
ny Mr. o Morris told me this day must allow my,
me. told him all on my part was rehuy; oh'y
nut the warrants into my hands. L hoTe, ,SI;
aided we baNe ruined our rt hh% esv we're the
materials to buy the lands with: me olnce5
will now be shut. for neither state money icy R n0s
silent, and really thought he looked as II ne
feared that his conduct would DO turned
os Aitsr diner Inn this day real letter to the
Speaker II. A. Muhenberg. from Lohn Mont ".
gomery of Carlisle not much IN iay9r o OF ,,a MI;
me the following intelligence: That litZsim-
ons Representative, Pennsylvania anl Mr..
fearful that be could not be carried by popu-
lar election were determined TO change inc
mode to ELECTORS But all the HiiiSniay vas So TO
vention aud carry his pnriy over with MN a., ~
Ter what had happened, this being one OF the
porei tbs easy to see the reason OF all this is
The mode OF ectors admits OF moro cabaL In
juiy u. Kings Senator, New York motion
Of yesterday Tor postponement ana sunury
other matters which had observed male me
fearful that some storm was gathering,
called on Mr.. Morris Senator. lenpsylvania
and expressed my apprehension ana nropoSe q
to him that If any sbpoSd with The Ht
most GOODNESS call for concurrence OF inc
resolution for the adjournment on the 2 IN; .,
Campbell; the most impudent and Ill found
ed set Of claims ever | was witness to. Inc
first business In the senate was the nc" OIL ol
A message, with bill. respecting Consuls
and Vice ConSulS. .
The bill for the military grants OF lanus 10
the Virginia officers. committed.
ARGUMENTS AGAINST THE FUNDING BILL.
The Senate was now full. and tho Funding
bill was taken IN for the last time. made, Il
despairing effort Having almost uniformly
present session. some general declaration OF
my principles or motives may be necessary to
prevent any suspicion OF disposition lnlmlcai
TO tho Government Itself .,-
First, then. / am totally opposed to the prac-
se on dsny the SS power
we'll as tho justice OF tho present generation
charging debts more especially irredeemable
| ones upon pOsterity: and am convinced that
| they will one day negative the Legacy. l VIII
| suppose tsuppOsitions are common in this
House that not one member Of Congress hi has
ever in arranging the American funding ,sys;
TEN. WHICH now spins on the doubtful!
It falls may turn up happiness OF
misery for centuries to come, No; will take
| gentlemen at their word, and believe that IL i
the glare OF British grandeur, supposed to fol.
low from her funds that has influenced their
conduct, and that their intentions are pure,
Wishing to render, AmerHa great and hqppy by by
| into tho actual state OF Britain and here.
| trust we shall find all is not gold that glitters
| II il q
! the commencement OF the English funds. or IN
| other words, since that nation began to mort
| gage the industry OF pCsterity to crafty the
! ambition and avarice OF the then Government
| Since that period wars have been almost con
| tinual. The preteXts have been ridiculous
balances OF power, balance OF trade. honor OF
| tho flag sovereignty at sea. &c.. &c. but the
real Object was to fill the Treasury, TO FUR
nish opportunity Tor royal population, JOBS anC
contracts Tor needy courtiers to increase
the power OF the Crown BY the multiDlicati0T
of revenue and military appointments and the
| seryity OF the funds, for every stock holder Is
| of course. a cOurtier. The effect OF these war;
has been the connection OF almost the whole
| world: tho loss Of millions OF lives; ana tht
! English nation stands at this day charged Will
debt OF about two hundred and nifty millions
Charges Of collecting in that country, is above
eleven millions annually and would DO ABOVE
fifteen In this
tional point OF view, as the nation owes II 10 IN
diyidunls among themselves This is true only
in part. as foreigners draw great sums. Yet /
! habitants OF Great Britain, including army.
navy, revenue and stockholders arc supported
from the Treasury. The who % OF them. be th'
| number what II may, must be considered al
| unproductiye drone6 who are ever ready t
| support Administration, be 1t ever 20 oppres
syo to their fellow citizens.
There IL another calculation said TO be NOR
exact. viz: That near mil lou OF pauperS. re
duccd by eXorbitant taxes below the power o
| housekeeping, are dependent on national char
itY and poor rates. Great cry has been made
about Mr.. Pitt AS the political saviour Of hi
country that he has paid part, and Will tnall,
discharge tho whole OF the national debt I'M
Is n Nilo deception. BY some management be
tween hun and the stockholders. rs no buy
they raise the price OF the remaining stock. tn
aggregate value Of which Is now greater. at tn
market price. than when he began to purchase
SO that the nation instead OF gaming Is q lose
to the amount OF the new duties 1t Is not like
~ that the trading OF Government in stock o
certificates ever will have different effect.
There Is another part OF his conduct 10
which am ready to give him proper credit
He seems, Wy his sham ornaments. 10 have hi
on an eXpedent 70. pIunder the nation withou
boodshoi. .et him ENJOY this praise In com
mon with other English robbers who. unlk
those OF other nations. seldom acconfpan
their depredRtOnS with murder. II is In val
to expect the payment of the British debt l
any other way then ny a national bankruptc
and revolution. Is this the preclpice to whic
We would reduce the rising nation OF Mort
America 1t may be said none OF us will liv
TO see II. Let us at least guard our memorie