Year: 1862

where there is no security for property.
And if your money is not secure, your
land is not secure The only difference,
perhaps, will be that the pressure will
be greater; the principle is the same.


But there is consideration stronger
than all this; it disgraces the govern
ment under which we live. It is worse
than forty defeats on the battle field
1t cannot be wiped out ny any future
heroism. 1t is saying to the world We
are bankrupt, and we are not only weak.
but we are not honest. =,


Now, Mr.. Chairman, I know I have
used strong expressions, but I only
wish had the power Of language strong
enough to express myself as deeply as l
feeL.s-If we once bagin this eenrses .of
policy We will continue it. And then
look out for the tax bill. l tell you
now that the faith Of this Government
is pledged by solemn vote of this
House that tax bill shall be passed to
raise sl5o,o00,o0O year; and if it were
not for that if we pass this bill, I should
doubt whether we could pass the tax
bill through this body. The people are
very patriotic, and they come up to our
committee and say, "tax US, "tax US, !"
but, ME-. Chairman, when we get this
through Congress, and it is supposed to
be successful for the time being, as
every body will dislike to put his hand
into his pocket if be esn get along with.
out it, we will repeat the doctrine Of
necessity with variations, and Congress
will yield to the syren song, and mem
bers who nourish their popularity will
be very anxious to lessen the amount of
taxation. ~


do not suppose that the bill which I
advocate is going to work any miracle,
but do believe it tends in the right d.
rection, and that every foot of progress
we make under it will be a safe and sure
advance according to the old standard.
And when daylight springs up; when
there is little sunshine in our policy;
when the Administration-I speak it
with all respects invigorated and in
spired with the spirit that the people
hare, the people will see that something
is to be done, and they will furnish
their money to the Government with
the same readiness that they have their
men.


I think the indisations are, and es-
pecially from the War Department, that
we have new hand at the helm, that
something will be done. The people
will be encouraged, and they will have
faith in the ability of the Government
TO put down this rebellion. Faith on
the part of the people, and works on the
part Of the Government, will accomplish
j all that is to be done.
! There is money enough; there is
patriotism enough; but there has been
II an sorry to say it, but it is true
there has been gradually weakening
of the faith of the people in the earnest
ness of purpose, in the unity, in the
energy, and in the enthusiasm OF the
Administration. To prove it, need


only recall to your minds the fact that


every movement which has been made
from the time that Sumpter was bonn
/ ibarded, up to this day, has been pressed


forward by an irresistible current OF
public sentiment. The Government


have always been behind the people; !
think that they arc just waking up now


to the fact that it is necessary to 60 a


little faster. say nothing about any
particular movement. / do rot say In
a bad direction movement should be


made; but do want something done to


convince the people that the Admins


tratlon is in earnest, and h g a definite
plan which it is to work out; and that


there will be no pause in their action
until this rebellion is crushed: that they
will do this in the quickest, the surest


and the cheapest way. -.


have said that the necessity for thi:


measure has been asserted but no
proved. Of course speak with no dis
respect of the speeches which have beer


upon this floor; but have failed to Leal
any argument that it is necessary
know perfectly we'll that the Secretary
of the Treasury thinks that it is neces


sary, and l have the utmost confidence


in his ability and zeal. think he i;
: mistaken. At any rate, whether he Ii
n0lSla kGu OF HOt, HS HAS iiot IuI uiShcl


US with proof of the correctness of hi
opinion. | think / can give some rea


sons for my belief that he is mistaken


and until reasons can be given that vii


uverbear these, think that VIC ough


to conclude that necessity does no


exist for US to- blight the far fame Q


she Government, to impair the public
morals, and to set afoat the ship 0
, IState in fog on sea of bubbles wher


no human skill can direct or control 1t
and where ruin is as inevitable as caus


is sure to precede effect. The proofs
offer are these: there is no want o
money; there is no want Of pat riotism
; there is only one little thing wante
which, in the phrase Of the old story
| is 1.-The grand confidence. These gen
, tlemen who hold money want to be SAT
, isGed that the Administration is In earn
| | est, that it has able hands at the helm


and that it will conduct the ship Q
, State judiciously, intelligcntly, wisely
| and speedily to the desired haven.


? Has any gentleman here any doubt
. the ability of this country to furnls
means to carry on this war? Has any
} body who is determined to vote for til
. legal tender bill thought of the peculia
$ application they are making Of that oil


classic maxim, learn from your enc
r mies?" We are Just following IN th
: footsteps of the Congress Of tue Con
f federate States We are following thei
with unequal steps, at an hptable dis
$ tance. They have already soH
t through the same process that we al