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Oct. 10, 1837.]
Duties on Merchants' Bonds.
(H. OF R.
Mr. Chairman, my friend (and I use the term in no idle, which may be given during the period of one year from and manner) from Virginia (Mr. W198] the other day warned after the first day of October, in the year one thousand me that on this measure I should be “left in the lurch." eight hundred and thirty-seven." Sir, on a question of this kind, affecting the liberties of my The committee, having adopted this amendment, rose country, I never stop to inquire whether I shall be “left in and reported the bill, thus amended, to the House ; and the the lurch" or not. I never stop to inquire who may be question arising as to the concurrence of the House with with me, or who may be against me, on a question of that the Committee of the Whole in the proposed amendment, character. All I ask myself is, is it a constitutional propo Mr. TITUS addressed the House in opposition to the sition, and if it be right and correct to maintain it? I nerer same, anul had proceeded but a little way, when stop to inquire who is with me or who is against me. The The House took a recess till 4 o'clock. mere triumphs of party I disregard. I throw aside party considerations where a great question is concerned, in which
EVENING SESSIOy. the liberties and destinies of the people and the Govern The House met after recess. Very few members being ment are involved. On such a question, sir, I subscribe in their seats, there was a call of the House ; which, having to no party creed. Let me also say to those gentlemen proceeded for some time, was suspended. who suppose that the tide of popularity upon which they The question still being on the following amendinent reare now floating is forever to set in one direction, that they ported by the Committee of the Whole to the bill from the will find the future full of bitterness and disappointment. Senate, further to defer the payment of duty bonds, viz :
Let them not labor under the fatal delusion that the let “Sec. 2. And be it further enacted, That a credit of ter writers and newspapers of the day are to create that three and six months shall be allowed on the duty on all popularity which is to endure through time. Let them merchandise which shall have been or may be imported on rather look to that deep-settled, abiding opinion, which is or before the first day of November next, upon which the to come back to us from the enlightened and reflecting duties are payable in cash, and that the bonds received for freemen of this country-come back to us upon the set- such duties shall be payable in equal instalments, bearing intled conviction of what is true, of what is constitutional, terest at the rate of six per cent. per annam, and shall be of what is for the good of the Government and the people. in the form and upon the conditions prescribed by existing
Let us all look to that deep and fixed public opinion, laws and by this act.” formed upon enlightened conviction and sound discretion. Mr. TITUS said he had hoped that some of the honorAllow me now to say, in the noble language of Lordable members of this House, whose character and talents Mansfield, that those who have foregone that pleasing ad- would have given weight to their opinions, would have viser, and given up their minds to be the slave of every thought proper to address the House upon the bill before it. popular impulse, I sincerely pity. I pity them still more if He was aware that views similar to his own were entertaintheir vanity leads them to mistake the shouts of a mob for eu hy very many upon this floor, but the disposition generthe trumpet of fame. Experience might inform them that ally manisested, seemed to render hopeless any opposition many who have received the buzzas of a crowd one day to the amendment offered by the honorable chairman of the have been visited with its execrations the next. And many Committee of Ways and Means. Viewing it, however, as who, by the popularity of the times, have been held up as he did, and in the absence of any discussion, he felt it to spotless patriots, have nevertheless appeared upon the his be bis duty to give, very briefly, his objections to the contorian's page, where truth bas triumphed over delusion, the sideration of the House. assassins of liberty.
The first section of the bill grants an extension in the When Mr. Pickers had concluded,
time of payment on all revenue bonds of nine months. To Mr. GARLAND, of Virginia, said he would offer an that he had no objection. The condition of the times unamendment to the bill under debate, when its friends had questionably requires it, on the ground that it will render put it into the shape in which they wished it to 'pass. the payment ultimately more certain, and it may, moreover,
Mr. CAMBRELENG said that he did not mean to of- tend in some degree to relieve those immediately connectfer any amendments to the bill.
ed with the importing interest. Still, it appeared to him Mr. GARLAND then moved to amend by striking out that the only just and tenable ground upon which an exall the bill after the enacting clause, and inserting another tension could be granted, was the additional safety attained bill, (heretofore indicated by him,) which he sent to the by that extension. Chair.
But neither the second section of the bill nor the amendThe amendment being read, Mr. GARLAND said he did ment offered, can be entertained upon the principle of innot intend to address the committee at the present time on creased security, or of relief to any portion of the commuhis proposition, but would do so, unless some other gentle- nity, except the merchants. There is no indebtedness to man wished to precede him.
the Government that the amendinent proposes to secure; Mr. PHILLIPS had not risen to debate this bill. He on the contrary, it releases in these days of non-payment, would suggest that the committee take up the merchants' from the custody of the Government, the merchandise held bonds bill, laying that now before them aside for the pre-in security for cash duties, and proposes the substitution of
a lengthened credit upon bonds, subject of course to the Mr. CAMBRELENG agsented to this arrangement, and contingencies of the times. moved to take up Senate bill No. 3, being that alluded to He was opposed to this portion of the bill, as well in reby Mr. Phillips
gard to its practical effect, as to its violating a scttled prinThis proposition was sustained by the committee, by a ciple of existing laws. He took it for granted that the vote of 88 to 54.
laws in relation to revenue were proper and just; they had DUTIES ON MERCHANTS' BONDS.
been a subject of exciting interest and profound discussion
during a long period, and were finally settled in the spirit Mr. CAMBRELENG moved to amend the bill by of compromisc amid the convulsions of the nation. Wero striking out the second section thereof, which was as foi-they to be lightly disturbed ? Were they to be approached lows:
without great and apparent causes ? However unimport“ Sec. 2. And be it further enacted, That the additional ant in that point of view the present proposition inight apcredit of nine months, granted by the firet section of this pear to the House, it acted forcibly upon his mind. It act, upon outslanding duty bonds, shall be upon the same was well known to this House and to the nation, that at terms and conditions granted upon all bonds for duties' the last session of Congress the Committee of Ways and
H. OF R.)
Duties on Merchants' Bonds.
(Oct. 10, 1837.
Meons, with its present chairman at its head, introduced a
A brief view of our own condition will establish bill to reduce the duties on imports. It bore in that char that position. Our domestic operations, including current acter too unfavorable an aspect to meet support, and was business and general indebtedness, reach to an amount of abandoned.
which it is difficult even to form an opinion. We have The suliject is now approached with more caution, and no data to direct us but what is derived from our own we are only presented with the first step by which the lad- knorvledge of indebtedness to banks, but he thought he was der is to be mounted ; another is about being introduced, more likely to be below than above the mark in placing it which, if accepted, will scatter to the winds whatever of at two thousand millions per annum. protection, if protection it can be called, that the producing This immense business had at all times heen transacted classes now receive.
without difficulty, when balances abroad had not pressed The proposition, then, being to that effect, it is desirabile too heavily upon us.
No revulsions under such circumthat the Committee of Ways and Means should approach stances had taken place, and all the efforts to that end that the subject directly ; that they should toe the mark, and in were made by politicians and others, in 1834, were alvorttroduce a hill entitled an act to repeal the duties on imports. iye. No efforts could have been more animated, nor means Its object would then be understood, and the honorable more powerful applied, to create confusion and produce members of this House would act advisedly.
disaster; but the energy and resources of the people, not I'he practical operation of this bill will be to increase, being crippled by foreign demands, the payment of which and throw into market, the already excessive importations required the basis of our paper currency, bore up triumphof goods, paying, by existing laws, cash duties. The antly and successfully against the storm. In illustration of means obtained by the bounty of Government will furnish this view of the subject, he would adduce a remark of an forth new importations ; and none can act with such dele. English statesman in comparing the relative condition of terious effect upon the labor and interests of the producing England and the United States in the present crisis. He classes as those of this character; and an acquiescence in said that the former, with a national debt of eight hundred the demand of the commercial interest will fall with pecu- | millions of pounds sterling, and an annual tax of fifty milliar hardship upon that extensive class of the people. They lions sterling upon the people, was prosperous and unemsuffer not only in common with all other classes of the com barrassed, and its industry and trade not materially affects munity, but, lvy the provisions of this bill, they, in effi ct, ed; whilst, on the contrary, the Government of the United are required to furnish forih the means to enable the im States, with a surplus of forty millions of dollars, and the porters, by further unnecessary importations, still more to people comparatively no taxes to pay, yet the Government injure and depress them.
and the people were alike bankrupt. Without literally Gentlemen are aware that merchandise paying cash du- adopting these positions, they nevertheless went clearly to ties, as embraced in this bill, consists of worl, woollen elucidate to bis mind the effects of the commercial action goods, and goods of which wool is a component part. We of the two countries. England has no balances against have been told in this hall that our manufactories are gen- her, and hence the comparatively partial evil she experienerally suspended in their business; that thousands ces; whilst the halance against us required, in its liquidacitizens connected with them are out of employment, and tion, the coin of the country-the basis of our paper curare in a condition of want and suflering; and it is well rency. The step taken was inevitabile. The basis of our known by those conversant in such matters that the price currency would have been swept from the country but fur of goods of this description is depressed beyond all former the proper and justifiable course of those who held it in precedent. The quantity on hand of this kind of goods, possession. Had England received her durs, she would, foreign and Jomestic, is immense; and the amount of wool of course, not have felt the blow; but had we promptly in the warehouses, and remaining yet in the hands of the paid our debts we should have been ruined. producers, scattered over the northern half of the Union, In establishing the position that the present state of cannot be less in value than twenty millions of dollars. things has been produced principally hy over-trading, the
Does not this state of things exhibit embarrassment and condition of England has been assimilated to ours, and her distress to an extent that does not require legislative enact. embarrassments ascribed to the same causer. In his judge menis to increase it? Shall the command-he believed ment, however, there was a material, a rallical difference: the term was not inappropriate-of the commercial interest our over-trading consisted in buying too much, in tuying add to the general calamity, by screening themselves from more than we can pay for, of foreign countries. The overthe effects of their own imprudence, and throwing it with trading of England, on the contrary, consists in selling appalling force upon the great mass of the producing class more than she can obtain pay for, and the losers only feel es, whom that imprudence has already so severely injured ? the effect, without its pervailing all branches of business. It is true that those classes are not asking for reliet ; they Our over-trading abroad, as before remarked, in creating disdain to prefer the mendicant's prayer; but, in the lan balances against us, affects, in a greater or less degree, all
honorable gentleman from Ohio, they pull off classes of community by its operation on the currency. He their coats, roll up their sleeves, and go to work.
hazarded little in saying that excessive importations had He had said that the distresses of the people were prin- been the forerunner of all the severe revulsions we had telt cipally caused by the imprudence of the commercial inter for the last twenty years. That of 1819 must be familiar est. It was generally conceded that they had proceeded to most of the members of this House, and he thought no mainly from over-trading; but, to bis mind, a proper dis individual could doubt its cause. It operated with extreme tinction had not been taken as regards the kind or char. severity; and, however great may be the embarrassment acter of over-trading. so far as the individual concerned and suffering of the conimercial interest at the present is affected, no distinction exists; but it must he borne in time, the general distress at that period was incomparalily mind that, however severe the revulsions in business may grealer than it now is. Our numerous manufacturing at any time be among a great people, a vast majority of establishments, with scarely a sinu le exception, were individuals are not materially affected by it—a vast majority overwhelmed in irretrievable ruin. Thousands of farms do not incur liabilities that create embarrassment. Hence, changed proprietors, aud those who but yesterday thought when the balance of trade is not against us with foreign themselves secure in a certain, though perhaps humble innations, our immense domestic operations are not impeded; dependence, were on the morruw tenants of their former and, although in their excesses individuals will suffer, cap- freeholds. And it may not be unworthy of remark that ital is not diverted from its accustomed channels; it merely they asked not, received not, any of the bounties of Gov. changes hands within a circle over which it is not required 'ernment.
Oct. 10, 1837.)
Claims upon Deposite Banks.
(H. of R.
He had no doubt of the existence of the difficulties com
CLAIMS UPON DEPOSITE BANKS. plained of by the commercial interest. Public fame, as The House then went into Committee of the Whole on well as the documents hefore us on that subject, establish the state of the Union, (Mr. F. O. J. SMITH, of Maine, that fact; and he should hope, for the honor of humanity, in the chair,) and took up the bill from the Senate to adthat that distress must be deep indeed, that could bring be- just the remaining claims against the late deposite banks. fore us, begging alms, that class of our citizens who, in The bill baving been reactheir own estimation, anıt, as it would appear, in the esti Mr. RICE GARLAND, of Louisiana, moved to amend mation of this House, were first in importance as they it by striking out all the bill afier the enactiug clause and were in wealth.
inserting a' substitute, the object of which is to extend the He trusted the provisions of the first section of this bill proposed indulgenre to the banks from three, six, and would afford them great relief; at all events, it was their nine months to nine, twelve, and eighteen months. proportion of the bounties of Government. He considered After a brief explanation of the points in which his the second section, as well as the amendment offered, went amendment differed from the Senate's bill, he proposed to to increase, by the aid of the Government, an evil which fill the blank by inserting the word “five," so as to read bad, to a great extent, been checked by its own excesses, “five per cent. Importations, embraced in the amendment, heing principal Mr. JOHNSON, of Louisiana, supported the amendly from the west of Europe, had in general been ordered ment, and went into a statement of the present condition since the commencement of the present embarrassments. of the banks of Louisiana, whence he argued the propriety The importers were consequently aware of their inability, and necessity of granting them further tinie; but, in conif that inability exists, to comply with the requirements of sideration of the losses ihey had sustained, he contended the revenue laws. If, then, they have knowingly and pur- that they ought to be relieved from all payment of interest. posely plunged in beyond their depth, they should be left, Mr. LYON, of Alabama, said, as one of the late deposas the great mass of their fellow citizens are, to get out of ite hanks embraced by the provisions of the bill under their difficulties, without the special bounties of the Govern. consideration was situated in the district he represented, ment. He would say no more except to express the hope, he would explain the transactions between that þank and though apparently a vain one, that those who had contrib- the Government, by way of showing that the indulgence uted to the establishment of the present revenue laws,would proposed by the amendment of the gentleman from Louisfeel and see the propriety of rendering them permanent. iana (Mr. GARLAND) ought to be allowed.
Mr. EVERETT inquired of Mr. G'AMBRELENG whether The branch of the State Bank of Alabamn, at Mobile, the amendment was intended to cover goods now in the bad, since it was made a depository of the public money, custom-house, as well as those which should be bonded less than four years ago, received to the credit of the Treabetween now and the lot of November ?
sury upwards of seven millions of dollars, and had, withMr. CAMBRELENG replied in the affirmative. out expense or loss to the Government, faithfully disbursed
Mr. E. then said there was one view in which the vill and paid over this large sum, with the exception of a bulwould operate rather favorably to ihe manufacturers. The ance of about nine hundred thousand dollars, the amount merebants would be reduced to the alternative of either now due from the bank. More than ibree inillions of :he selling their goods at auction, or reshipping them; and no sum received on deposite at Mob le bad, As Mr. Lron was doubt many would prefer to reship, which would operate informed, been transferred by the bank to the Northern favorably to our own manufacturers. He was in favor of and Eastern cities, by order of the Secretary of the Treasthe amendment as being, in this view, preferable to the ury, when funds at the North were, in Mobile, worth original bill.
from 1 10 2 per cent. more than par. The bank, he said, Mr. CAMBRELENG made a verbal mo.lification of the had made, as it was supposed, ample provision to transamendment, to remove all doubt as to its applying to goods fer the balance due the Government to the North, where now in store : instead of shall lie" imported, to insert it was understood payment of the amount would be pre"shall have been, or may be;" which was agreed to. ferred by the Treasury Department. They had purchased
Mr. MENEFEE, afier a few remarks, nut heard by the exchange on New York and Liverpool to a large aniount, reporter, noved to amend the committee's amendment by drawn upon the authority of letters of credit supposed to adding the following proviso:
be perfectly good, and drawn, too, in execution of orders “ Provided, further, That all others in anywise in- for the purchase of cotton. A very large amount of these debted to the United States, except for pul lic moneys re bills, upwards of three millions, as he had been informed, ceived, shall be entitled to ihe benefits of this act on the had been dishonored and returned to the bank, without terms and conditions hereinbefore prescribed."
even the payment of the nett proceeds of the collon acThe amendment was not agreed to.
tually shipped. The bank had been compelled to look to Mr. ADAMS mo ed the reference of the bill to the the drawers and endorsers of these bills for payment, and Comınittee on Manufactures. This motion he made, al to give time to the parties. though himself personally rather favorable to the bill, from In adelition to the delay in collecting the money, which a sense of duty as chairman of that committee which was must necessarily result from such a state of things, Mr. L. charged with the guardianship of the manufacturing interest., said it was but reasonable to suppose that soune loss would The motion was negatived.
ensue tu the bank. He thought the Government should Mr. DUNN, of Indiana, moved that the following be extend to the bank such indulgence as that institution added as a new section to the bill :
found it necessary and proper, under the circumstances “ And be it further enacted, That all persons indebted stated, lo allow to its debtors. on such extended bonds may pay the same, or any part
He said the failure of this bank 10 pay punctually the thereuf.”
balance due the Government had resulted from no want of Mr. D. supported the amendment by a speech of consid- good faith in its dealings. It might have discounted too erable length, in which he insisted on the justice and good liberally upon the public deposites, and he believed bad poliry of such a nieasure.
dune 80; but the bank would, at all tiines, have been After some explanations between him and Mr. Cam ready to have discharged the drafts of the Treasury, but BRELENG, the amendment was rejected.
for the sudden embarrassments which had fallen upor. the The question then recurring on the engrossment of the whole country, and prevented the debtors of the bank from oill, and on ordering it to a third reading, it was carried meeting punctually their engagements with it. He bad without a count: whereupon the bill was read a third time before had occasion to state to the House that the amount as amended, and passed.
H. OF R.]
(Oct. 11, 1837.
which had accumulated to the credit of the Government in Treasury note bill allowed the Secretary to pay as high as
Mr. POPE made some remarks in reference to the
Mr. ROBERTSON, now adverting to the noise and The late Secretary of the Treasury, in selecting the de- confusion which prevailed in the House, and which had posite banks, had advised them to afford increased facilities prevented him and those in his neighborhood from hearing to commerce. He read the following extract from a cir- ihe amendments, or the remarks by which they had been cular issued by the Department to the banks:
advocated, moved that the commillee rise. " The deposites of the public money will enable you to The motion prevailed-Ayes 71, noes 67. So the comafford increased facilities to commerce, and to extend your mittee rose and reported progress. accommodation to individuals; and, as the duties which Mr. REED, of Massachusetts, moved an adjournment. are payable to the Government arise from the business and Mr. CAMBRELENG demanded the yeas and naye on enterprise of the merchants engaged in foreign trade, it is that motion ; they were ordered, and taken, and stood as but reasonable that they should be preferred in the addi- follows : Yeas 98, nays 70. So the House adjourned. tional accommodation which the public deposites will en. able your institution to give, whenever it can be done
WEDNESDAY, OCTOBER 11. without injustice to the claims of other classes of the community.'
FLORIDA WAR. The Bank of Mobile had (said Mr. Lron) afforded facil The House proceeded to the unfinished business of the ities to commerce, and had extended accommodations to morning hour, which was the consideration of the followpersons engaged in foreign trade. The directors could not, ing resolution, submitted by Mr. W'ise on the 19th of Sepunder the circumstances, have justified a refusal to dis- | tember : count upon the public deposites to persons in need of bank “ Resolved, That a select committee be appointed by balaccommodations and able to secure the repayment of the lot to inquire into the cause of the Florida war, and into money. The public deposites had, shortly before this the causes of the delays and failures, and the expenditures time, been withdrawn froin the Bank of the Únited States, which have attended ihe prosecution of that war, and into and many persons engaged in business, who had before the manner of its conduct, and the facts of its history genlooked to the branches of that institution for accommoda-erally; that the said committee have power to send for pertions, had to go elsewhere for such facilities. This was sons and papers, and that it have power to sit in the recess, no doubt the cause of the advice given by the Secretary; and that it make report to the next session of Congress.” and, situated as the country was at the time, no one can Mr. GLASCOCK bad moved to amend the foregoing be surprised that the advice was pursued, even to a liberal resolution, by striking all out after the word “resolved," extent, by the banks. He referred to these facts for no and insert the following: other reason than to show that the late deposite bank at " That a select committee be appointed to inquire into Mobile had not acted in bad faith in failing to pay over the cause of the Florida war, and the causes of the extrapromptly the balance due from it. All the facts and cir- ordinary delays and failures, and the expenditures which cumstances, taken together, ought, in his opinion, (said have attended the prosecution of the same, and all the facts Mr. L.,) to excuse the payment of interest on the balance connected with its history generally; and that said commitremaining due; but, if required, interest on the amount tee have power to send for persons and papers." would be paid. He thought the indulgence proposed for The question inmediately pending was the motion of the payment of the balance due could not be considered Mr. HOWARD 10 strike out the words “ that a select comunreasonable.
mittee be appointed,” and insert “ that the Committee on Mr. Lyon said he felt less concern about the banks Military Affairs be instructed.” themselves than he did about those who were indebted to Mr. MCKAY, who was entitled to the floor, addressed them. If the banks were pressed, and early payment re the House at some length in opposition to the adoption of quired, the injury would fall
, not upon the banks, but up- the rosolution. He opposed the raising of this select comon the people. If the Ciovernment should resort to coer mittee, because the same subject was now under investiga: cive measures against the banks, they would, in turn, fall tion in various ways. It had been referred to the President upon those who owed them, and, in many cases, sacrifices of the United States, who had caused an inquiry to be inof property and ruin to individuals would be the conse-stituted, and had made a report in part, and he understood quence. He hope the claims would be divided into easy would probably report in full at the next session of Coninstalments. The banks would thereby be enabled to pay gress. Besides this, the chairman of the Committee on them punctually, and, at the same time, afford a corre Indian Affairs [Mr. Bell] had moved to have this subsponding indulgence to their debtors. He had no objection ject referied to that committee, and after a lengthy, and no to the security required. The Government had already doubt arduous investigation, the papers had been reported the State for security for the balance due from the bank at back to the House without coming to any conclusion thereMobile.
He presumed, however, that, at the commencement Mr. L. concluded by moving to amend the amendment of the regular session, the chairman of that committee by striking out the clause in reference to interest.
would move to have the subject again referred to that comMr. LOOMIS, of New York, took the opposite side, mittee, and proceed with the investigation. He could not, inveighing against the injustice of setting the banks free therefore, see the necessity of raising this select committee, from interest on their debt to the Government, while the because it was before the President of the United States, Government itself, which their non-payment had reduced who had appointed commissioners to investigate the matter, to straits, was borrowing money at six per cent., (for the and the gentleman from Massachusetts (Mr. Adams) bad
Oct. 11, 1837.)
Fees on Bonds—Sub-Treasury Bill.
(H. or R.
admitted that they had performed their duty faithfully, 80 The whole of the argument of the gentleman went to far as they went, and laid before the House information the point that it is unnecessary for this Huuse to trouble which, to use his own expression, had made the blood tin- itself at all about the matter, and would be just as strong an gle in his veins. They will doubtless lay the whole pro- argument against the investigation in December as now. ceedings before the House at the next session of Congrese. Mr. A. alluded again to the investigation made under the In relation to the causes of delays and failures of the cam direction of Congress by the late Executive, and said that paigns, it will be recollected that an inquiry was instituted the horrible disclosures of that report convinced bim still by the President at Frederick, at which all the officers en more strongly than ever of the necessity of the proposed ingaged in the first campaign (Scott, Gaines, and Clinch) quiry. He replied to the sugge tions of Mr. McKar, with were fully examined, and the court came to the conclusion regard to the propositions of various committees, as the that the failures and delays of the campaigns were in conse proper referees of the subject before the House. Among quence of the insalubrity of the climate, the impregnability the rest, the Committee on the Expenditures of the War of the swamps, and the absence of all knowledge of the to- Department had been recommended by that gentleman. pography of the country by the commanding generals, and Mr. A. reminded the House that the committees on exthe difficulty in transporting supplies for the army from one penditures were sinecures, without pay, and without duty point to another. Here, then, at this tribunal, all the also. A chairman of one of them (Mr. Hawes] had told causes of the failures of the campaigns conducted by Generals the House that he had never called the committee together, Gaines and Scott were examined into ; and it certainly could and did not even know his colleagues ! Mr. A. had innot bo designed by the House to institute an inquiry in re tended to offer a resolution to rescind the rule requiring lation to the conduct of the present commander in Florida, that those committees should be appointed. (General Jesup,) at a time when he was just preparing and Mr. A. replied, further, to the argument of Mr. McKay, organizing his forces for another campaign. It would cer that the constitution of the Committee on Military Affairs tainly be improper for the House to interfere with this cam was the same in previous administrations as now. That paign before there was an opportunity of doing any thing was no good reason why it should still continue to be so, with it. It would be interfering with the legitimate duties Mr. A. contended, of the Executive to send an investigating committee, with In allusion to there being on this committee eight mempower to send for persons and papers, into Florida ; and, by bers from the South, and only one from the Northern secso doing, the whole of the benefits to be derived from the tion of the country, Mr. A. said that the reason must be approaching campaign might be set aside. Mr. McK. next that the people of the North had no interest in the subjects referred to the remarks of the gentleman from Tennessee, reserrible to it. As to the interest of all the New England (Mr. BELL,] who had stated that the probable causes of States, as well as of those of New York, New Jersey, failures of the campaigns in Florida had arisen from the de- Delaware, and Maryland, in the benefit that would result ficiency in the number of officers connected with the army to them from the enormous expenditures of public money in Florida. He admitied that there might be some justice in the prosecution of the Florida campaigns, Mr. A. ad-. in this remark, but said the subject had already attracted mitted it was very little indeed. But they had a very deep the attention of the President of the United States, and interest in the amount of those expenditures, at all events. referred to an order issued as early as October last, direct- | Were the army disbanded to morrow, it would be money ing all officers of the army on detached service to join their in their pockets; and he looked upon this fact as another regiments and companies, in which order the President had exemplification of that profound philosophical theory of his said that this state of thiugs must no longer exist. If any friend from South Carolina, (Mr. THOMPSON,] who had notice was to be taken of this matter, however, by this said that the money of this Government flowed naturally House, it was the legitimate business of the Committee on towards the North. Since he had made these remarks, Military Affairs to take charge of it, and he hoped they that gentleman bad published his speech, and he had now would take the matter under consideration. In relation to turned the globe half round. The stream now flowed to the subject of expenditures, he admitted that they had been the East, and not the North. Well, sir, be it then “the very large, amounting, he believed, to about seven millions : East !" but he could see no necessity of appointing a select commit Mr. CAMBRELENG rose and interrupted Mr. ADAMS tee to take charge of this subject, when we have commit- here; remarking that the gentleman.seemed to be concludtees appointed under the rules whose special business it ing to no point ; and, calling for the orders of the day, was to take charge of these subjects. He alluded to the Mr. ADAMS said he was ready to yield the floor, and Committees on the Expenditures of the Executive Depart-did so. ments, all of which committees he believed were composed BILL REGULATING FEES ON BONDS. of majorities opposed to the administration. The Committee
The District Attorneys' fee bill on bonds had three readon the Expenditures of the War Department should take
ings, as it came from the Senate, and was passed. this subject into consideration, and report upon it. Mr. McK. concluded by moving to postpone the further con
SUB-TREASURY BILL. sideration of the resolution until the first Monday in De On motion of Mr. CAMBRELENG, the House re. cember next.
solved itself into a Committee of the Whole, (Mr. Smita, Mr. WILLIAMS, of North Carolina, opposerl the mo of Maine, being in the chair.) tion. If there was to be any investigation at all, it was as The bill as to the settlement of the deposite bank accounts necessary and as practicable now as it could be ever. He being the first bill announced as before the committee, hoped the committee would be at once appointed, avd pur Mr. PICKENS said that he considered himself bound, eue the inquiries during the recess, so as to řeport, in by the deep interest he felt in the sub-Treasury bill, to whole, or in part, at the next session. He was opposed to move that it be taken up at that time. And on that mothe reference of investigations of alleged extraordinary | tion he demanded a count by tellers, which being susabuses to standing committees, and replied to the remarks tained, (after some conversation as to the regularity of of Mr. Howard, of Maryland, who had made the pending the proceeding,) the motion prevailed: Yeas 105, nays 35. motion to refer the subject under consideration to the Mir. James Ġanland's anendment tu the bill being Committee on Military Affairs.
read, by request of a member, Mr. ADAMS. The question is an entire new question. Mr. HOFFMAN rose and said, he would not offer an It is not now a question as to what committee it shall be apology to the House for addressing it upon a suloject so referred to, but whether it shall now have the go-hy altogeth-' fraught with the highest good or the deepest evil to his own