Evening telegraph. (Harrisburg, Pa.) 1863-1864, February 02, 1864, Image 1

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Et . GEORGE- EERGNER
TN}, TE .
PUBininni)
MORNUS T i a kif.D - EVENING,
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cO t t
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12 N. mikt ,
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AND OAiM T ORGANS
xwAkyz.4llllArgat...)o , -VALSi ,
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class) bas been awarded to •
!MASON , H.AIOI4IN'S INSTRIJMENTS.:
is. fun assortment of these instrnments alwayti onlband.
tat.' . - • W. KNOCHE'S,Orad'Agetit, •
leA-2taWly) • ; 93 l'irarltet,,ittczet,..
• -HENRY- .• On'T "
FrIEACEINA OF THE PriNt), iStgrobDEON
AND VIOLIN. ;—waxo4,reasonablew 15 Thirilstrevt,
between Marlgttian4 I:hestay4atrects. • . • la4-3m
GROCERIES:
GROCERY' AND PROVISION - ::STORE;
BUYER & KOEILP;ER,
WHOLESALE 10:11:1 TAIL
DEALERS IN
„ •
GROCEItIE•Si.
.
Queeies and . 13-Igs 'Wart.
. • •
ANW ALL FINDS OF
.0 OUNT ' Vint' ODU C E
t i tagjost. opened a large and well - 5616111
goods at Alieir stead No, 3 3Surket Sonde,
artfillrerg, ,Ito, which they Int Ite the attention of the
pnitlie generally. uolo-dly
,
JOHN; SE ,
TECLitp ., STREET, NEAR'WALNITT,
F -
WHOLmALE AND MAR. DEALER iN
, f
CONFECTIONERY, FRUITS, &01
-,TdJube , Daste,. . • .
Mossittikte r
Flg Passer„ . )
Mallow;Vtarab Gum Drops,
•CreablCChricolidelDrope;e:
Platn Candles o ke., .)
Onmges and Lemons ,
Cannbd)Fruks, •_. , ,
tftaiad Spices; WI kinds,-
cortliagni
Cider • 4 fil ri' :
Fresh an..
eon.
Vegetables in 5i.. 446 °P,
Raisins,
Currants,
M - jEs T E
VIR
WINES , ANjp
• No. -128-',.30/iTir..thrTS: SlVat . • •
. . ,
imrprEb• C:dignNlT, AND IPdlsl7lc , ' ' - •• '
P H I L .01.)):E.L , 1" VI I A.
.4. LA.UMAN, A. M. SALLAbE, J. D. ll*
tEE,
INVOICE OF NEW
,rolliler a ladiii;w s ,,f s ::::l - 14.-1-r
PursP i . m , z , c;
. h• • WM. DOCIZ:7It.;
t law
Efrz_.3
SUPERIOII , :: • - • • •
• BuTrER•
- , FOB TABLE: . USE,
Sz CO.
.Just receivedlt
Edel,S)
ratsi-7-200 builds' of afew: YorknSt4e_
40 a01603e variety, just received, and sold
F o osw
ara qatras tl to suit truiseras;iiito
NibWHILES! I PICK . CPS! !—By the Baxret
-- norat44to, -- w - fir•Dozm - at
• 20. - 1 w 4 :1500K s t i ii*Ml. 1
=
52 4 2:5
1 1 5 .
• 1 50
IMIE3
Citrons., '1 . .
FigS, Dates;
Prunes,
Almonds
nborts : I"!
4Crealll. aNtllB,,f, •;
Ground Nuts,
P.ocaniguts.,
02coa.Nuts, "
Cranberries,', ".
.11ominytand itteans,
Cakes:and:Crackers;
Sweet iutd Irish :Potatoes,
Green:mid Dried ;Fruits,
And Country Produce in
:`Season,
„1
fISI
DAYS OF SHODDY]
• , S BOOKSTAFF...
OEM
Paily Etrippfj
• •DEBATE
. ON THIS
f.
) A YMENT:' OF THE NIEREPT,
. _
The bill. providing for thetpayment of , thel
State interest 'in notes issue ti -byithe llniteili
States, being tinder tc6nsideraticin:
On motion of Mr. BIGEIAM, the Ifouse re
sumed the consideritiorvoio Rouse bill N 0.32
sand telatrie.to.Ah'ef'.paymenti , of iiiterbst 41
the pnblio debts;
was eats the flail:Wine by its title.
The quei3tion then being on the, final passage
of the bill, •..•
Mr. ETNIER said: Mr. Speaker, weak as'my
ideas,maybe,on the interest question. I can
not permit this bill to pass without making a
few remarks,
Sir, id ill jdait.lB4a,ithb titsg ilheri-the law
wimp:sod requiring the ; imterest , on the State
debt to-be paid in the , legal currency of , tttb
United States,'-irs:provided , in- tb'e third section
of the act—who,ott that time Ihoosktt that this
Government would'nowrhe striaggling in, a war
agairst insn'rrectiod and ;rebellion ?. Little did
the people of ,Pennsylvarda think in the 'yea'r
1840; that in the year 1864 gold and silver
would command a:premium of Eilty pgr cent?
Unforeseen' tliffictilties may and do arise; and
whilst this is the fact, itif3 wise andjust on.',the
part of the law-making power to pas) such
enactments as will meet the emergencies of the
!Gate. What ain be more proper than that a
:goat nation; in the midet of a crisis like the
present, ehouhltrnake essential ehangeS in her
,financial policy, to meet the vastly-Oangeti as
peels of nationak,sffairs ? A'. Jew, )ears ,ago,
gold and silver were on a par with paper cur
rency. Then it mattered not Whether the in
terest on , the Stntb debt was' paid in tho one or
the other. Itutto Raj. tbat isterest in gold at
this time, when gold. is:at. a premium of sixty
, per cent. ,lwould'atriount to aliout one, million
dollars per year—a sum so large that la a few
years it would render the State of Pennsylvania
insolvent.
Again; Mr. Speaker thiet i tidrmous amount
woutd have to be rats:34l'oo „of,,tise pockets of
the taxpayers of Pennsylvania; ~and should we
ask the people of the'Statii to sell greenbarke,
the currency of the United srstdit, at n'Ailie&nt
of sixtyper cent. to pay English bond holders—
'a people who are our enemies?, Such a•course
would be unjust to ourselveettatid to our can- ,
stituente. It won id be Infinitely better tp
pend that amount for the'benefit of our.s,ol.
diers in th'e , field.!!Whyshrinid WeltayEngash
bon d-h &dere silverand gold; at premium" df
60 dent: ,' when nig triglishjarstien is onf the
—thus emschieg them- ,that they maybe: en
abled to build vessels elver; and,provide other
means of warfare, and put theininto the hands
of the rebels, to sow death An& destruction
broadcast all over our land, and :if possible to '
upturn and destroy ourglorlOilif Government ?
I, for one, feel bouid trfoppOil7t'itiny such sacri
fice of interest on out,part.ii
Sir, I ask the question: , at the tithe when the
old Unite& States 'Midi- was in existence; was
not its.,,paperja,4 , lSY'England ana'France,'ln'
exchange,for Imparts? Was it not taken as gold
and silver? f,, then, the en-rency At the u k t i.
Mil Statis 913ank 'Was' recognizikl'hYstole
powers as iielt:as own WU people,as a 'cigar
currency, why not reprgisize the
,present cur
rency; 'dialed; by' the , Barne 11114 Sh
declares 'that it shalrher'a'le'gal Wild& for
bßivr4r, viewing the question, in thq,light
in
,which dh, faVotl jskjing
the btate,inttrost in the United States currenEy,,
which Is greenbicliri': lain astonished that the
igehtl e ext. on' Allot other' side of tiiioiNdia4,
should advocate` he payment of otitc State int'
toresfin gol&iindisilver at this time, when
inclividnateroditor has a tight to, Ntli ?r, and
of anyVaoh l
money. The thing is absurd. Why should
English bondholders or why should the bond
04414418INAnAsynOglik 400i.e1014 0410
or expe cted in, fuzaacial . transactions between
man ,and man?, p.'we Obtain payment ,qf .our
dues' in the "CuribribY of the' 13nitisd 'States,
what more have we a right to- ask rl : We are
always glad to_ get that currenCY: ' cannot,
we dare not, attempt to enforce the payment of
our claims in either gold or silver. I, ask, the
VeiitioniAllsaitiweviltrUnth istbkiiParibre.thfin
we do unto ourselves? It is unreasonable to
expect any such thing: ' ' ' -
j..4. 4 .,1 4 0mt1iat this;matter will not be made evpartylissue, but that every vote in-this House
supporethe n(tstOsure which is rem 0 &regaled
Isi'4,l:e „Governor , b of tbs. Commonwealth--the
payment of ouvbtati Wiriest in United States
dlitietC7.
Mr: BROWN said: Speaker, I regrel
Much as any one can that this question has to
some exient.assumed a party aspect. It is our
mit•fortune—it is the -misfortune of the
people—that our ideas:upon almostallsubjects
ofrtegislation are tinged with partizan preju
dices. But while I regret that this queation
has.: assumed that .asPeet., must ,say that I
listened' to tlieiwailings of- the gentleman from
Pliii r adelphia,',W...Basosta)'with some suriiiise;
when mixed with his expressions, of regret, he
charged this aide of the.-House with the oifentie
of giving the measure a party, turn. Is it pos
sible that the gentleman's memory is so short
that he fails to remember that the representa
tives on the floor of 'the' rofisti iigo agree with
him in political faith, have fro& the Inceplion
of this bill, at , every-stage•of -its progress, and
illiwit to this very moment, ranged themselves
in solid column against the measure.? Bulb
She gentleman cannot fail to know that , party
disci gine,' and the party , lurve done their
.work'pn,his Side Or tlihi t •
Let us itee;4lr. Speaker, where we:stand. -By
the'eXiating law,tlie interest on the State in
debteiliselik'kunit be•paid in coin orits
lent. The general feature of the. 'under
consideration is, that that interest shall bete
after be Paid *the currency, by act of
Gengreits, currency
. of the
whole country: • - ' • - • •
In`lB6o an 'Executive of the Federal Govern
ment was elected by the people. However
much we may differ as to — the wisdom.. of ,the
people in the choice which they then niade,.are
ail agree in tht.thate•that; Executive was
chosen.in accordance .withthe fermi Otthe law,
that he was of right entitle& to exercise the
office &President of the United States.and that
:the prOpla.whq elected him were entitled tfille
Eet e-joes in diet:capacity. . "
linmediatnfrafter that elention a conspire
thgabacilbgek fomenting for.Ynals,alin - ina
birth°, outbreak of ;thils rebellion—a tilinlili n
which lAninki am , safe in saying basil() mat
„t,stoiltaiarcnid/.=arilimilhigtlyt
, ptur , w 0131/40YetenZ; *
.4” ttP MOM-
MZMI
HARRISBURG ' :PA: TUESDAY EVEZV PERHAM': 1864.
• _ _
Now, sir, whet was the•first duty of t he.
ecutive of this gretd;4overament ? „What was
the first duty of the.G.tivssrdinent itself ? Mani
festly, it was a topvesarre.Ap; own That is
the first drily `stivirldiritidrial: ol'initlfsh &Wes to
himself or itself—a duty - that is higher than
written livid andisirritten cOnstitntlions. t
How was that natural life to be preserved ?
I aver that it could only he by the useof the
military power of the land. 'know that there
are gentlemen whd say that thedesolations of
this; ar mightluevibeen averted "`by emepro- .
arises and . cdneillation. • But, sir, theithreaten
ing, insolent attitude of the South, the deflanit
manner in which theydinve 'tnet land , sptirned
all pi*ofteix or 'comptrindeie , eindltier declaFatioak
of their efficialei their Atotiiiitid: their- probe- ,
that they, would accept ntiJpeekeexeept a pima I
based upon-thcilneogriltiolirttheir4eparate
dependentalis • natiOn, afloat , that , the 'only
alternativathatiWkaiileft te•this Government
was that it Sheila resort to' military_power, or
basely euttender , its nationality.
But;rto ralse; , equirijarieliautislisb 'armies re-
quires mbtrial—vaat • sum !cif ^Money, and 'no
man of intelligence—no-mai not a downright
fool=~can'eay'that`that.metali c efiftency WOE
sufficient tO' merry.' writhe. wart war that - bah'
raged in our-countrysforamearly three years.
Wbat,,th'en, diktheiGovatinment What;:
Warr it necessarily ComPeliedte. do? It issued
a large amount of tiainiftifertes not redeema
ble in coin; and declared` by law that these
notes should be alegaltder for all debts pub
lic and :private; ` eithY ' duties on imports
And, gi.;'thiela , a , has iiia'de 'these' treasury,
notes the medium' and the' basis of our'iviicrie
brisinierstLtlie currency 'WO. land-rt the' cur
rencY'ef 'the people. '
I. do not pnrpose elaborately to argue the
constitutional right 'Congress to khaki' these
notes a legal tender. It Is enough . ` for me t o
knoW—it is enough &tile& people to' Viott i -,
that, the right of seltdeferiere and the' right of
self preservation,' which " underlie; individual'
and natienallife, made some such.provision
ingiratiVir'necesaity, andthatahe a 4 ttritinta".o .
sovereignty,:' Which, erft people whet'
have rmiditained theft credit _confer upon their'
rearalive goyerinnenta;‘ la an attribute, On=
ferret' for the sole and only purpose of enabling
these goVenAraantstd . meet the =ever-shifting .
exigenclechrthe tim e" ' • "
Title Yeas Us more inimedlately'W thesides•
t i cin 'endir . conirideratiOn.--sha ft We pay the'
bond-holders of the State (who are • generally
men of wealth -and many of 'Whom - ptiOhalitel
the obligatiens of the State heavy dlicednt)--L .
shall we pay them iryiettittereurrency than the
sturdy yeoman of thli'douritry is entitled to
receive. ficim - rhis .'debttrr? Shall we pay them
inettetter-curienOy ;than we Pay three men
whew stalitait 'terms,' • ifilipellatiV.by. patriotic;
hearts; planted-the prourtatindard;• of oar na
tionality_ upon the rocks of.Vielesingi Book
out Mountain arid MissiOrtaiYlßidge,- and` fibre
the, bills of , cur own.Gattysburghurledlselvan.
insplent•hozde of traitors,' who :(to .aidept. the
eoritiment of our noble . Governor) ‘ l ,daredAir
breathe infolheir ltingkflifi 'that Odd'
mighty deßigned only for iholinsp'lintdont of -
freemen?" Mr. Speaker, I can make no such:
discrimination in foyer f the wealthy , bond-
holders of thirStiiTh‘n laboring
industry andopitifdtisiii tlfireorititry, unless
there !Arrows irgoiratimrule of law or morals
which;compel's narrtlace•-tc and I
do cct,l)4Jelvizir-thet any kUC/C)/ 31 1 4 44 6. • 1. • .
I do.net stand here to play t.be.ifiemazoguep
'do not Stand here: to decry „niliaald wealth., 1,
cheerfully teatimerayito the fact.that from. ,
thehreakingent of this rebellion, the,mettiof-,
wealth have nobly, stood hy our Government.
They, have &env( their means to subaLit our
armies andtoTrovider,for, pur • soldiers. But, .
eiri:whilo' they ,hare; cmitaibuted of. their mo
ney,,,the humble taxpmers hetYo.eonraibuteel.
their household jewels, Theyhave contributed
their was„,their hrothera,,their, hashartdreand'
their frAhera; andiadroavetY crisiaOtteflrhattle..- .
field glide war, Avery, hospital,. crawded,with
and thc...dylpg, every' een y.
oter
and every rural grave-yard that, encloses the
remains of thoefe who have fallen in this strug
gle bear, testimony to • the munificence of the
centribgtions which the taxpOproof the land
have rendered ,in this, , Orlais•*arid compared
with . contributions such,,as, th ese, ; , the tuttP
i materialaidthat beg t heen t givenhy tharmerr.of
wealth weighs in the holarierahnt as a feather
against the universe.
My positionais this: I believe .inigiving the
creditoni.pf the,State, the, right to demand and
receivother . sarde,andalolietter,, currency from
thOr debtor •thadf.tbe .hUnblest • 'Omar, me
cheek, farmer, merchant, miner or altisan may ,
donaraisif ,hieLdeittpx. —.What;may.....theser.de
mend ? What arc theyt Ropapellid to receive?
They are compelled tn - recelve the legal tender
currency of . the Government; and. Gmy are
willtng t ,to They are. Walling ,to re-%
ceive. it, because , -they recognizedtlaa noes='
sary part of the machinery 'to' cinshiciat this
damnable rebellion; and 'lto. brandholders' of
the State' ought to be willing rto.'receive it ;
because,.. if this' , rebellion.is successful-4f our
Government, does. not stand—then the 'question
which presents itself..tot them fie not' imply
whether they. shall; receive .their: interest-In
gold or in , curreney, :but whether, theyatall ro.• •
ceive either i intereit or principal . • Thatlathe '
qtasetion,theyahouldponder.,„ , • . • •
Mr. Speakerothernie inpraotkal result of the
rejection of this bill; which Idareamit take the
responsibility of—a responsibility --which do
not believe the gentlemen;upon the other side
can afford to take; apd that is this—the-tax
payers of the. State, by the, rejection of,. the bill
under consideration,,will ,have, to pay, •eaeh
year ondmilliori and fifty five, thousand dollars
' more than would have to.pay if the - bill
under considstation becornes alaw. The pay
ment of this extra BUTYL, necessitil.treodires an
-araiessment and a' ofteetion of taxes to a correa
ponding amount; andfor what pdrpose? If it
were 'for the purpose of carrying 'On 'this war
it wore for the purpose of enabling the
GoVeriunent toistrengthen itrainiles and pro
vide foi the sick and-wen:mad and' to 'bring
peace to the landthe - pionlaivould. submit to
it cheerfully. But sirrit is deafer that purpose.
Ibis only to distend still snore the plethoric
purses of bondholders, one half of whom, by
the reports are citizens of foreign countries,
whi sympathize with .thiarebellion. and . who
use the very money . they receive from.aai: in
building iron.dads to prey upon onrcommerce,
in_building, rams, to destroy navyrand•in
furnishing munitions of war to the:,,rehellion.
__Now r ais. r anualialuis.ahemaaid.con.to'
_opsidp e ottbsllonae lerphranAr t 10 th of
the State --abont preserving itii" credit; and no
genii:man will ggt forillpr A tken Ito preserve
the faith and credit of
,the
~Bnt-laf t bere
any rule,erf g:indoor gerall.olosltich,requires
.to pay theta creditors in coin at a time When
the rebellion isArawing so.,heavily our
- Ttl iiiiikekars completely to del - lige tmitt r itle
_aa:fiiitiale4iettiell*T ;If 04{6 IB any. such tit
it is founded upon an iroplieft.contract arising
froicrthe general relations 'WV Mei:ninepin
,t.„.10z attui
:totheir creditors, orit is,foundedepon.ezerpse
leglalation contiiinesl in our .statute beipke. , 1.
aver - that thereili fie subk:ithelled contract
arising :fintir - theneentitall relation of govern
meats ,to their Creilitois. Brit,Chat there is an
implied contract in. every case,whereis creditor
lends money to a State or nation, andd - takes Its
bonds or secuiltiee, - thion*does so upon this
condition, and with - this:undoistanding as part
and:pat - col of the ,contract: That he takes upon
himeclf the risk of , the [stability of the State, or
nation, Ind the liability that the exigencies of
foreign Of domestic war and civil dmvulsions
maydthpair 'and lessen:the Value of his secu
rities; and thetthis risk is, one of the, elemants
which:the banker always takes into acc6unt in
deriitmining "'whether he will or will not in- .
vest' in Government secinitiei. ' -
Individuals or corporations may be brought
into court and may to compelled by law, if of
sufficient ability, to meet..their obligations.
But thegtatl, cannot he brought ,Jato, ,court;
within' certiiiii'lllfilts 11116VereIgn; Which
'thirties that it has the power, and right , to
change its policy whenever *era and revolu
tions render such change necessary: to, the wr
pet nation of the national life. I think this bi a
propositide that" cannot be otiestioned. The
practice of all nations of the old world who
have maintained their credit is , in accordance
with it.. It is notorious thatin Nogland- from
1797 to 1822, a period of tiventy.five years, the
latereet upon the„pullic debt was, by,act of
ni
Parliael4,likl
p,onlyin currency .; that is,,,,ki
the notes of, he the, of England; and by apt
of P a iliamentAhe bank was forbidden to pay,
speck for its issues.' lii,NranCe,.for, kik - limber
of years, during their ware, they suspended, not
merely the payment in specie, - but they sus
pended entirely the payment .of their. interest.
Othiir examelei , frour history might be given
showing that the necessities of the State always
hivemodoirrthe - nature-of 'things always-must
over .o other considerations—Phave selected
th e .:, : • . ~. , , . , •,, - ~, • firmigthei Alg o l,- of
i. • hl ,
t. .--1(,-1- ! . f , i It , ogskjlafiltrtni itn ;9 3 e
..,. •„ .... I , 163.ablita, becanoift er
ilinstrate'the trot , of my proposition, that
every private and iadividpal, biterest iki , sobor
diner° tbithe fublid gdadt-that'priVitte rights
have their foundation on; and their security in
the l maiutenaace,ofthe government. , ~,,:„ ,:, ~
To pay our public Creditors in the recognized
currency of the land, ithiplie t s no repudiation
-n6 derilithaf ourfolligatidrikand Ibis an-abans:
of language so tO.eitaXaoterizeittk Nay, it Is
precisely the reverse. 'Us in the nation, what
we oftee eeis.pAd constninik in Ike c ifullyikietm-,
tlfeilithbilsidifigiofrieeen; Wrihat wileiltilii.
temporary storm wino be able to
pay the utmost`frithliii:', Tliel tinily mariner
_commanding the ship freighted with treasures
of . A , hrimaii"ltfa.44ritir moirehandhiew-ivith ;gold ,
and Silver- , --witir bondst-and obligatlonv-Wh en
the rioting winds lash , -tht-ocean into fury,
prudently furls sail, and when the wrath of the
the hurricane has spent itself, he again spreads
canvass end-safely - directs the ship to its haven.
And soiit thould-be 4n , the affairs of: State,,. fer
it.the shlexbir , vireeked , in ',Unieistorm', , all:its.
trateures , of nierohandise---0f,,g0,1d. and of silver
-ail ofirtsi bonds tanitobligations are 105 t: :, ,.. : ,
But should It be said that the storm hatual
-readY.stibsideilaiiii that fightlbreiduvahrougli
the: blonds;: IstiswerAttat.froma'.the
the; prophecy. of rah° .904Sia bhaity filled
know not what adveraltied-outylbefaXse;b6forir
reach: , the I,of ;:tesett.. 'ffor-"lte "do
know that; whether kitibe -.soonioi late, iyears
must roll aw`sy;laefore &Id" and'ailver will ibe-!
come the commisiburienef:Of the land. ;Some
may- talk •learnedlr•about our,txmlititutional
rightr,to piss this act.. There is a constittithartal.
mania ::abroad. -There ; are some :itho believe
that ,titnetionbred- laud marks4tre•-;belng ;lost
sightrofotnd-tinit we•are .rapidlyl approaching
Ekdespotleiiii*hich millamor ino'Oonetlttition:
Su. oh , PersonslrmistaktYrthe ,, chaiscter-tioNthe
American people, endliit is a Ishistilat iftio*
showing the infirmity and4nconsistency tthe•
hutiatut mindi that', 4hOse Taloste:llanreaitittlOfia
are loudest ; over supposed bafra&lonsOf the•Con
stitfitiOn:ave •thosayhtraie still enainotedAvith'
the statesmanship , lift the sage of 'Wheatland;
who,' charged byttlie obligations of hia high
°feta ,to defend the sittioual•life sid maintain
the supremacy !of.. Vie•:Constitution- !declared-
that h&kiaewl 'no power under.thellinstitntion
to coerce a sovereign State; 'no inherent viger
lit' that. great. charter ; • principle which
wduldtj notify defencskagainst; aasseits-qn the
national life, There is, sir, a consistency -int
the , faithfulnesstwitie which shinesf our-Deafo
=tie irienda-lidllow. Iherteachings dftthalt
grest apostlex ; There being -4 no; power, •att;
has , aVerredi " io"coetco a sovereign , fitate,'' ;it/
fo 1 lowed that; 4t was ..was=F uncoutitutiOnal for ' the
Preddent: to tall. for .' " seventy-five' • thousand
volunteers: unconstitutional to. raise an
army by volunteerink:-: It was semi discovered,
startiogtfrom .the premises, that it' was .•uniiin
dituional to - raise au anny;bY drifting. .vat
unonatinaionskto:iiiirt • traitors by` "confiscating
their property. It'wes unconstitutional to issue
that grand proolatnation of emancipation
whiCheiperienoahas shown was a- deitth•tblovi
'to rebellion. It; is•ituakinstitutiotuti to pass this
bill because•thereby we.maintain: the financial
system addpted by the General Governmant "to
dosed sovereignaatee.v• • ; - —••
Is there , anything in the eirPrals legislation
of the 'State Whith at the lattiaLuittime re4tdies
us, as a matter of good, th; to make , dr "tv,htch
rightfully entitlefillitl - ; • ; this of the Statia.l6
demand'ipayment In'te'ithrieley which, com
pared with every other species of property, is
worth from fifty-five to sixty cents on the 'dol
lit more than their Money was worth wher the
loan was made? Nowt indeteinirdng 'what 'are
the rights of the creditors of the Comixionwealth,
we must' take into" consideration the fact that,.
at the time when our several loans were made,
there was . verjr ',little difference' bet Weed the
value of gold and of ';cuirency.',' The Most of
our present loan' was made before 1840; there
was' little difference - hetwien the iralne of gold
and curtency at that time: atethere' but
very little up• 44 the 'flint, of 'the)" breaklOg but
of the exhitlnEctebellicit "' '
Now, in determiningltlits ettent of our obit;
gations; we_ must take into ,consideration" the
surrounding circumstances at the time when
those obligations were created: - Did it ever
enter into the mind of the creditor, or did it
ever_enter nto the 'mind of , the legislator, that
in the perled•of ~twenty, 6r - twenty-five years*,
gel* : instead of being: at primula% of One, two
,owlhree per cent. ' woUld;run rip td fifty-Tibia
and sitty r per cent.? That MIS a shite OU - thrum!
riot contemplated by the , . parties.. What Aires
-contemplated was simply:this: Whist our-eredi
tore should receive the equivalent.% Araluelfor
what they then paid c • .
Twenty-three million% three hwadied and twea,
'ty thousand and:seventy.dollars and-eighty cents
of our indebtedness: ise contracted.ibefore the
act of 1840: Where wasAlren;noleglelationupon
thasibject.i = What indebtedness was payable;
like all other debte,,publie :or private o in;coin;
beeauski calk was thert, the only. !legal., tten
deroutioncy.Lttlar. millions em huOdred
-111011 ..1971.441:1^141
ninety six thinitemd , three-1440'0,4ml fifty
three...dollars and , iirenty-eight centwpf our
debt - #8 contracted since the
_aft of 1840:
Six 'tnillkits hundled Said' sev - eittjAtim
thousiumideillark_known;as the IncibiesdiElana
IfeAlt.contacted.lni4er-the
adz Of PA 185 k mx11853 respectriely. The
aceof 1840 Praides that iliVreaftei tire interest
on the State debt shall: be paid in- specie
or its equivalent. --lio.Alegal-mind can fail
to me that tbi3 litatishinv in the act of
1840, and the stipulations on the face of the
bonkgiven for th the Inclined; Plane and Coupon
loans;' add: t 9 the ettiPigi,h of the obli
gations against 4 tbOlibite. It-ertursithplyreiter
sting the rule awit before existed. ;,..• •
If there be anyiling ,the argument which
I have made relative to, the duty of the , gov
ernment' in times hid war and civil"conviilsion;
the same reason 'applies to kens treatid sidce,
tbe:act of 1840: • The creditors took the stock
knowing full well thasovereigntypf,thls State,
knowug
_full well that_uo 14gbilature has
poWei'tO bind theihanibi of s subsequeirt Lees
lalure, end knOping full *ell that: they hold
their securities Subject to all the exigencies of
war and subject tothe imperative necessities of
the State.,
But, Mr; Speakei,.l am taking up time, ihtk
abler men than I are rightfully entitled to; and
must end. - While r am!' satisfied that my con
clusione are correct,- I have:by no. means ex
haosted the argument. I have argued that the
legal tender 'notes, or some such system, is* a
necessary part of the machinery for putilrig
down: the! rebellion—that they hive •cecome
the currency of the people and the standard
of values—that there is . no rule of law or
morals whic h entitles the &editors of - the State
to five:tent in a Carrel:icy worth 'relative to
' other' property from fifty-five to sixty cents on
the dollar more than their money was,worth
when it was borrowed—that loans made to a
State, are always with the implied tinderatand
lug that the creditor takes his securities sub
ject to ihe ezigenciee oti war' and the impera
tive.rifiettsities of the nation; , and that - etwo
quently there ' is no breach of fairli—no breach
of contractL-no,violitiertOf morals inv o lve d in
the paisage'of this bill.. ~
I have clear convictions that it is my official
duty to 'Vote ,for . It, And if anything I have
said shall contribute , to ate final wawa, Ishall
have the satiefaction of knowing that I aided
to lift'frorn'tiiiiiixable property and from 'the
industry, of the State , an
,aturnal burden exceed
ing one million of dolars.
PemiSylvania Legislature.
REPORTED EMPREASior FOR THE. TELEGRAPH.
HOUSE OF 'REPRESENTATIVES.
" Vr.ONDA;;Vebruliry 1, 1864.
The House met at 71 egeloek. ' •
• prrnioxs; Exc.—
Amoni; ^the petitiOnagekente'd were the foI
y.IaTXXAN, a Petition of citizen's of
Dii .'cowittT, for - a Jaw to change the
iiidth of portion 61Verbeke street;:
burg 'Efarris-
By Messrs. leoll,l4l'S and: MOH. (philadel:
rioters' of Twenty second
ward; Philadelphia, askinktheLegislatiti!i' to
paSs to relivie diem of their present
SelectpouncDma:ll, P. '
DOZW/70/iS 89 13 *./" PljaPoB*.•
On motion of Mr. RICE,` a resolntion was,
adopted instructing the Committee on - the
Judiciary (general) to' report a general bill
providing for the. levying; and colleotion of
taxes,: by.corintiekki cities, etc., for bounty pur-
Ainu4mix 'or . stOivuirou
offeZedii i:;molution ' (Which w a s
100, by a, tie vote) instructing: the Com
mittee of Vi r uye mid Means to inquire - into
the proprietyy of abolishing , the Office of :Sur'
Sur=
veyor General,, said trmisferring, thasluties : of
that office. to &Tine other department or lin•
-
reau,
Among the bills read'in Place were the fol
, By lar:•BlGlffilt, 'an act authorizing• in
sp4eetord'of any of the penitentiaries of thia
CoinrizeiriWitdth to edible 'ceifain tersonwto
whom pardons may be granted.
:Referred tci the Committee on the Tuditiary
• " '
Mr. -.AILLEMAIi; an act to legalize a . certain
loin of tile . city 'or Harrisburg; and to author
ize: the levyirig and collecting ef at tax for the
M-paythent - of said loan"
The bill, after legalizing the loan for boUnty
purposes by the city of Harrisburg, authoriZes
a tax for the Payment of the • same, not to ex
ceed eight mills on the dollar, provided that
the tax shall in no caw:be-less than one dol
lar.
On motion of Mr. ALLEMAN, the orders
were suspended, and . the bill
• „ •
Passed.futally.
By Mr. PHRHX, an act in 'relation to crim
inal Firps e eutions. 4'0.9i/ides that"
omission,
of the deferidlMl bzi:preo , itot guilty" shillnot
be ground fox' arrest nfludginerit, after a
convietionmpon the meta of !the case.
Referred to, the popul A ittee, on the
,Judiciary.
(general.)
The'House adjourned.
TELBI7TE OF RESPECT. —At a meeting of the
"First City Zouaves,7 late Company A, 127th
Regiment Pa.Nols., held at Brant's Hall, Jan,
30th, the. folloWing preamble 'and resolutions
were unanimously
_adopted:`
WsrsavAs, t "It hath seemed good in the sight
of Him L Who rrdeth over all," to remove from
amongst us our late fellow-member and. cora
panion in. arms, , Williamilenry McManus, we
aeem it our daty to paysome fitting tribute of
respect to las memory ; thsrefore,
liesoltied, That by this firspenution of Pro
vidence, we hive :been; deprived'of one who
endeared himself,to all -of usby many, act@
of kindness i and true friendship, as well as sob
dierlY bearing, dieing the term o f our assecia
tion.
7,Resolved, That we hereby tender our gyp.- .
pathy,to his widowed mother and sorrowing
brothers and sisters in,thts' their, hour of dis
tress, and commend them to the care of HiM,
who has promised'to be the God of the father
less and-the-judge. of the widow, "in the full
assurance that "our loss.is his gain."
Resolved, That we attend
. his funeral in a
body, and that these . pr . )seedingsbe pad:Ma
in the papers of thiii Ciry,land also that a copy
of them be transmitted th••the family' of ithe
deceased. • BETKaoIiTIZPAMICJI,
i 14AM s•
!CiArFt
:COLmittee:
' •
r{ s `t~. Ivy, ~;
_: z
330 Teregrapo.
Warnasoinx, February 1.
It is believed here that,the quotas under the
new draft Cut berfdled,by . : volunteering before
the fast of March, and thatA.they will be so
filled in most of the States. The tremendous
efforts rebeldom to fa the rebel armies
rendered f_ lie new draft necessary.
A huge number of houses and lots were sold
,at Alexandria, on Saturday, under the United
States tax law. The prices paid were nom
inal,
.
' L. R Chittenden, register of the treasury,
bought very largely. Mr. Warfield, of . Balti
more, who went to Richmond to negotiate for
the exchange of Major White of the Pennsyl
vania Senate has returned, and it is said that
'he Was =Successful. '
The question of the tax on4hisky.ivas up
again in the Senate Finance Committee this
morning. It ',gfts very much now as if the
committee weal disagree to the House tax
upon , why on hand. Commissioner Lewis,
who was at first in favor of taxing liquor on
hand, has changed his ground. Mr. Chase
favors the tax.
XXXUIth Congress--First. Session.
Various resolutions proposing an inquiry as
to the ikerease of the pay of soldiers and
their perlaions,and the protection of emi
grants to the territories, etc., were adopted.
Mr. Blair (Mis.) offered a resolution for the
appointment of a select committee to inquire
into the practical operation and results of the
Treasury department, the trade regulations of
commercial intercourse with the rebellions
States, whether frauds have been practiced by
agents or favoritism shown, etc., A debate
arising the resolution waslaid over.
Dir. Eldridge (Wis.) offered a preamble de
claring against conscription or forced military
service.
BALTDIOBE, Feb. 1.
A letter from Annars, January 20th, to
the American says: o of the vessels be
longing to the Russian fleet now in American
waters arrived* thisfport yesterday, •end are
.now anchored in Severn river abreast of the
Naval Academy.
One ia a sloop-of-war Mounting eighteen
64-pounders. The Other is a gunboat clipper,
model-bark rigged, 320 feet long, mounting
three heavy pivot guns and several howitzers
on the broadside. Both are beautiful, rakish
looking craft, and are' fine specimens of the
naval architecture of our powerful friends.
To-day they saluted the American flag with
a salute of twenty guns, which was returned,
gun for gun, ceder direction of H. R. Leslie,
United Stan:* Navy, by order .of , Col. A. S.
Waite, commanding the post;nfter which, the .
Sensiot Captain paid an official visit to the Col
onel. These vessels will probably remain here
during.the.two coming stormymonths, andwe
hope:for, the= a "Amount sojourn.
MEM
• About . three hundred rebel prisoners arrived
in this city at a late hour last evening They'
- were _escorted to the navy yard and were
paroled after taking the oath of allegiance •
and'erdiatin i g iii the navy. Forty (40) men of
the lit nitwit' regiment guarded them from
Chicago to:this city.
IVO.NDERPiTD - DISCOVERY ASO TWONDERFL7L
TAR. J.' CREAMER would respectfully
.jur inform the public irr general and the assessed is
that lie has opeudd - tin. office in South Second
street, below Chestnut, Harrisburg, Pa., where ho will
treat all diseases entrusted te his caro t in accordance with
the system discever&l and alight' by Prof. C. Bolles, of
Philadelphia, with' 'whose institution' he has been con
nected, and to whom he takes pleasure in referring the
public for infonnation with ,respect W his succors in con
trolling disease....
Nekdrugging tße'syt,,cai With uncertain medial! agents.
All cures performed.by 'Magnetism, Galvanism and other
modifications Of•NlectrlcitY, wtthout shocks or any un
pleasant sensations. After an Electrical Diagnosts, a
guarantee will be givon,if depittial: by the patient. For
further information call' and get a pamphlet which con
[sins hundreds of certificates from medical men oth
ers proving the superiority of this 9 systent of practice
over all others. Consuliction free. Unice hours 9to 12
to
5 and
7 t°
9 t " . • :11t '
1)R. J. MILTON CREAMER.
de29-d3tawlm- to-tie-sa
PRICE TWO 2 aCEXTS.
PROMAVASIIINGTON.
HOUSE OF REPRESRNTATIITS.
Wesicrtiqras, Feb. 1, 1861.
prom Baltimore:
;Ad itival OirPsotionera.
PROFESSIONAL. t.
RESI7ATS.
Li. - Ablig9oN- 5 :111: V.,
Tin: Celebrated Medical Examiner and
Herb :Doctor;
OF Philidelphia,, hat arrived again in Har
rLsbiirg, Pti, for mediear'ptiottee, and taken 'No. 8.
room at the
STATE CA_PITOL,HOTE.L, .
Where he will remain a abort time. The afflicted are in
vited total between the hours of 9 a. . M. and 1 P. m_; and.
from 2 to 8 P. DIL
-• • HISTOLOCINATIONS ARE FREE;
And are peculiarly valuable, interesting and satisfactory,
owing to -his perception to read and detect dice, or
whatever nature land wherever -located, without making
any enquiries oethoee who call respecting their disease or
Illness.
DR. ADDISON
flan lately: disc.overiM, mid brought into his practice a
method of treatment with which he performs the most
eanzpeeted , and remarkable cures of .the age. 1111115
HERB DOCTOR
- HERB DOCTOR.
• HERB DOCTOR.
HERB DOCTOR.
HERB DOCTOR
DR. J. BITE'S
YELLOW WATER 'POWDEIR
FOR HORSES. -
DURING a practice of 'manyl years in this,
Community; OK HITE bas satisfied himself that this
Powder is vastly superior to any other article in use
FOR THE CURE OF
YEI:L6W WAT'F.II,
And . is of great service to Horses
APPETITE that have lost their
DIUDEBOTits RS ,
roAREtn....7•E
DISTEMPERED.
Alio that it will prevent
GLANDERS, COLIC AND THE DOTS,
When Litithfully testa:limo' or three 'times a week—invigo
rating and fattening. '
For improving the condition of a Horse, he asserts there
Is =hotter Medicine, as it win strengthen the stomach
and ,assist digestion, cleanse the intestines of offensivematter,
matter, and reginate thiiborrels When costive, purify the
jihad and 'promote. digesaion—thus theiaktnis ke% loose,
he pianos are opened and a lean,
&Vend Variety.
Mheyawder can be usedfor DattleiateepautiOliarsth
'Directions with package, 4 --
entrARBD OliTLi IND illOrti•At•- ,
YRI,TAB'S 'DWG STORE,
No, 91 Market street, Harrisburg.
Jan 14
4.:11, 1L1P.1.0-:-, .7-0
. l U._
tEM
13(=m . , Feb. 1
febl4llwZ