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J CHRONICLE AM* SENTINEL .. } iVCPITA* I •—— >- • -"~~ THURSDAY JtTKB 4 - . . EAUor’* Cr/rr&.rs’rmßence. | ; NiuiKnriut, A* <h« my! do*e») yesterday, pnor Xo tb*. aJ' of Ike «orp. -raj *e** i ' JO ff th': T c*»|wa »- ti«t, 1 ctfald «0t 4fi ,e J°° »"* ■ eoxint . pirwi iliji There «*e abovt mrealy ema44M Tepre»ef.ter: » tine OTtiveotion, which is uijuj fr e nrctrmrt*n i ***i tho late de*tr •ictic<rj j. bodge* Mi lb* »»7« * remarkably fcfl <pw iftri— M*i 4 Mjr add, without the Hew of faJi'Mon, tf;*t it c*>mbiaes more talent tajeji I ha»c erer eeea in a deliberative assembly of 'ieor- Tl l itlrfali ■ mcmfilrd in the Rep reaen blip* Cbiffiber at eleven o'clock yesterday, and ; f|ro ceeced to c,rzar.*ze &v ca.ing Ma >r Joe- Cjiir e r-» loro U# the Chair, and appointing Measra. "Ude nnd Delonj, SecreUriee, After the pre!ri|jafc nes of organization were complete, the H on. .'Urn M. Berrien wu, by acclamation, elected Fjrjjn dent, and on being conducted by Me**r*. Clayton and Montgomery to the chair, returi/wi, his ackr,owie*ig»m*nu for trie distinguished japo or in b>s most eloquent and felidtoa* He adverted briefly te the objects of the ConitliD troa, anb in a rood fervent and eloquent to the patriotism of the members of the Cocfven lion, enforced the importance us harmony in jhrjir deliberation*, and concert in carrying out the de cision* of the Convention. Mr. Thornton, of Ha.i, introduced a reaotfUfm which waa adopted, that those counties hern which there was not a lull delegation in attend ance, should be entitled to their full nambjir of "vole*. I Also, trial Editors be invited to take their ■isfcits within the Hal!, for the purpose of nouns'.; the proceeding! of the Convention. On motion of Mr. Osoome, of Harris, the Convention adopted the rules of the Hour* of Repreveotalive* for its government. Mr. Cobb, of Houston, introduced a resolT'kn which was adopted, That the Chair appcfulii a commit tee of 21 to form and report as eailij as practicable, an electoral ticket for the euppoift of Harrison arid Tyler, On the introduction of this resolution, Mr. Lawson, of Burke, remarked in substance,, ka be desired more light upon the subject before be could yield bis support to General Harrison. Mr. Cobb replied briefly, that the proper time for debate would be on the report of the Cornlanit tge, to which Mr. L. assented. % Here the Convention took a recess till nvj*;o’- clock, P. M. 5 o’clock, t. ajtj. The Convention assembled, the President in the Ohsk. ■ i I The President annon»wl the names o|f, ?the Committee of 21, among whom was Mr. Law son, of Burke. Mr. L. immediately ther<jt»pon asked to be excused from acting on the Co/hpint tee, and was excused. * i * \ Mr. Hudson, of Hancock, introduced a oriicJu lion which was adop’cd, That the Convenor! proceed to-morrow morning (this day; attune o’clock, to ballot for nine persons to be rurj *fbr the next Congress. The Convention adjourned till 8 o’doclj this a J- | . T t y.at) a v 8 o’clock. The Convention met, and after the hous<i; was organized proceeded to (he orders of the day. The committee of 21 through their chairman presen ted their report.—The names submitted to; the convention are | ! . # i i j D. L. Ch.vcil, J.vo. W. Caxpbx-li;, G*o. R. Gilmer, Ezekiel Wixatajinr, ChaS. DiIL’OHEBTr, C. B. Htroitg, jI j Joel Crawforu, Jvo. WuiTLHEAiii < ' i 11 Beatos Gravtlamd, Wm. Ezzard, Asiißtw Miller, of Caw. On the adoption of this report a very iniidipst ing debate arose in which Messrs. Lawson, Cobh, Strong, Meriwether, Bell, Hudson of Putnam and Lemlie participted—and the report was adop ted with but one dissenting voice, Mr. Lawisnb of Burke. | ■« The Convention then went into a ballot'for 9 to represent Georgia in the next Congress, and are now progressing in counting thfc rjotes of the brut Ballot—which has resulted tljuji far, nearly through, in a unanimous vote for illu; pre sent delegation, Cooper, Black and Colqijiju ex cepted—they have very sow votes. j J ; I cannot close without mentioning thii;! great unanimity and harmony which has marlieicj the proceedings of the body—l must here cljiijc, as the mail is about to close. 1 ■ ‘ r J'hc Convention will adjourn sine dis 110-jlay. Ik- Correspondence of the Charleston Courier. Wahhixotox, May jfio. «n the House, private bills were taken luip, but little progress was made in them, at hallljjpast two o’clock, the Speaker announced the tjder of recess at the same moment, some of tlnj bers were leaving the Hall. A cry nf “ the way' —“ make room'' was heard from t;hi! lob by, and a rush was made to the spot, wlTtfi two members, Mr. Kavner and Mr. [both of Xorth-f’arolina.J were in conflict: They were soon separated. Mr. Vanderpoelpi ■ loud voice was heard, in the tumult, crying? »ibt, •“Montgomery, are yon stubbed' 1 ” Mr. ilUyner was calling for his sword. I learned, upon enquiry, that Mr. Kayintlr had attacked his colleague with a swerd cane: kg the latter passed from the Hall into the lobby.: f The cane was broken off above the point of by the blows, and the sword either fell pr ; was wrested from Mr. R. by someone who interposed. Mr. Montgomery had a small stick,! 'vhich he broke over his colleague’s head. Neither par ty was seriously hurt, though, both bad isome slight bruises about the head. \ |j( The House met, at four o’clock, whenl ij| was supposed, the outrage would be noticed! But, as there was not a quorum, the House adjdmied! It is to be hope . that the House will ni.it again render itself ridiculous by another mockery of investigation. They haye not nerve to -enforc* their rules. Before the session is over, shall , have dirks, pistols and bovvie knives at vl'o it j n the hall and lobbies. , 1 i. . Bavr or Haxbc*o, > 1 Jcoe 2, 1 &40. 5 To th« Pr»uc. —Daring the present sua> 1 mer, th • Bank will be opened at Se’dodt, A. M. and dosed at 12 M. Thoee havtcg business to transact wiL p.ea*e to call between 9 and 12 o'cljck. H. Hcrtarsos, Cashier. Pboorea? ot OrtXKX.—Th* Philadelphia Ga zette of riatorday says : V«*e sever saw oar V* inz friends m higher spirits,than laej have leen s.cce ‘ the Van Bares meeti* oa Mocdar. Enonfb v-i *een there to satisfy them triat the City an t coonty w... i.ve a Tojority, «ofL..e t of .tse to ne-tra..ze Van Ews i major.tv m tie State in * l-30, leaving to Lancaster and other to aettle toe amount of the majority he will receive in this State. Great and Freshet. It baa veen cur lot to witness during the pres ent week, one of - J'»e heavie*; ram. we have ever known, attended w*th c->n«equences more disas trous than have ever been experienced in this comamnitj. The rain commenced fa-hng here on Moniav afternoon last. an-J conunued taroogb that . .ighl ar.ci part of toe next and succeeding davs. It v«is heaviest on Moutlay nig:.!. It. ectets have been very ir.jcrioos to the plantations in our neighborhood—sorrie fieli* nave teen nt craiiy destroyed. All the bridge*, so far as we can iezm including the two at this p(ace, have been swept away or seriously injured—several mills have been re rao*ed. and earned down the resistless currents in floating fragments. Trie 1 /«-: iustained by the Athens Manufiacta- I ing Comnany j severe. One end of the principal buildinz has been ui dermined and fallen in. wra all the machinery in that part of it- Their saw mill has been carrier entirely away, and some in jury sustained or other buildings. The amount ot their loss is not yet precisely known, but one of the proprietors informed us be thought it could not be than $25,000. Os course the opera tions of the YicUjry must cease for some ume, > which will cut off the means of support of many poor £ami;.es, wbooe situation must soon com mend them to the sympathies and charities or our more fortunate citizens. The house on the opposite side of the river, near the upper brulge, occupied is a grocery, was earner! aw ay by tbs flood on Tuesday, with most of its contents, and the contiguous building-; and floated for neatly a mile down the Oconee. A* yet we are without road communication, and cannot know the extent of the injury done eUewhere. We fear, however, that the ram h:-.s been general; and if so, its consequences bare been ruinous to hundreds—perhaps thousands,— At hern Banner t>f Friday . From the Albany Eteninz Jcmrnal. Oppression of Debtors. Under the {*relence of hostility to “tlie Bank ing and speculating classes,” Van Burenism in reality is striking at the debtors of the country. When Genera! Jackson mischievously declared that “those who trade on borrowed capital ought to break,” be probably had but a faint conception of the atrocious policy which he was suggesting to the vuscrodulo’js mind ot bia succej-.s-or. Let us tase the avowed leading purpose cf the pre sent federal executive and examine the practical results to which it leads. It will not be denied that the profes.*xl object of Van Buren and his principal adherents is to red ace the present nominal value of labor—of , the products of labor—of property, both in the , city and in the country—of houses and lota— farms, stock, and agricultural produce. The peo ple are every where told by the l J residenl’g parti zans than they have received too much, nominal ly, in years past, for their work—that they have paid too much,nominally, for their possessions, for the neccs- tries, conveniences and luxuries of life. They arc told that a faUe standard o: value has , prevailed—that the currency of the country, which forms in a great measure that standard, has been inflated by excessive issues of bank pa | per—by undue expansions of the circulating me dium —by reckless extravagance in purchasing things that they had not the ability to pay for— by indulging in visionary schemes of wealth which their condition in life prevented and would ever prevent them from realizing. These are the evils, ami alleged consequence# of evils, which Loco Focoism attributes to the credit system of the country, and avows a desire and determina tion to eradi teand prevent. Now let us admit lor argument’s shake that all these evils, so glowingly depicted by the federal ! prints, really exist; who have brought them on the country and who should the country hold ac countable for them ! If they arose from the al leged sin of chartering a National Bank, was not that Bank chartered after the close of the last war by the vote* of .Senators and Representatives in Congress attached to that parly with which Van Buren and his present supporters pretend to have exclusive political offinity ? If these evils are chargeable to the corrupt creation and excessive Lsuesof the State Banks, we need only turn our eyes to this State to ascertain who called them into being and stimulated them to over-ac tion. Who can forget the memorable advice of Gen- Jackson to his six or seven hundred pet Banks to I liberal’y” upon the strength of the deposites he hac placed in their vault* ? If these discounts went to increa.se the importation of | foreign merchandise and pay instalments upon Corner Lots”—if the people ran in debt because ‘the Greatest and Best,’ had flooded the country with his ‘belter currency’—if the young, the friend- i less, and the pennyless, invited by the temptations ,of the time, embarked in enterprises beyond their means, who may they justly blame for the failures and reverse* that have overtaken them ! But if Jacksonism sinned in elevating the ex pectations of the country to a hazardous height, Van Burenism doubly sins in seeking to prostrate the hopes of all ranks, classes and conditions in the dust- When we look abroad upon the land and see hundreds of thousands of honest industri i i ons and intelligent citizens, who have contracted in good faith, debts that the closest enconomy and I the best management can scarcely enable them to discharge under the most encouraging auspices, trust to the brink of irretrievable ruin by the pro- j posed measures and policy of the General Gov- | ; eminent, we feel that there must be a depth of | j heartless human depravity in the President and his advisers that we can neither fathom nor de- i pict. What must be the inevitable consequence of re ducing the price of labor and even the nominal value of properly to hulfiia present rate, upon those who arc in debt 1 Will not their 1 labilities to their creditors remain the same in amount as they are now 1 Will half a dollar of the new stamp pay (he dollar set against their names in bonJs, mortgages, notes, and book accounts! j Will the bushel of wheat at 40 cents discharge the debt that the bushel of wheat 80 cent would iV f I )a ‘d • Will Loco Focoism lessen the legal liabilities of the people in the same proportion i that it proposes to reduce the value of the means they now possess to meet them? Will the party that has inveigled the great masses of our citizens into the indebtedness that burdens them, assume the payment of the obligations they have contri buted so largely to create 1 As ter sweeping away by their cursed experiments and destructive the ories, the farm from the farmer, the implements from the mechanic, the goods from the tradesman, and the daily pittance from the laboring man, i will they cancel, even the balance of debt due | from those whom they have robbed of the po.sses- J sions that they now tan call their own 1 Afur I redacioz four Hitts of the people to penury, garj. or starvation, will they even cor. :e*eer.3 I . pan a Genera' Bamkr.pt law to save them fro* j the uoaiaokberiDf avarice of merakw cret; -off and allow them to caentncDre the world anev liauga hopes are crushed and hearts are broke in the i rrtcrva!! If Van Buren Is not arrested in the prosecunc j of L f and cruel poikr. let the de; tor* of the country' despair I Fw them there ca he no fotore pr:sper ; ty —no dreams of p easar day* to come. To drag through L:e in hope.e bondvrre. and to die amidst Kjca’ d poverty an the keen agony of surviving desutuiion arout hearth and hoove, mast he them certain and ir. exarahie Jest-nr ! ' Speech of the Hon. Lott Warr*n. or stoßcii, I On the “Bill additional to the art 'in the ml jeetof Tremury note* Delivered in the House of Represen'itivcs r the United States. March 1 MO. The House being in Committee of the Who! on the state of the Union, (Mr. Dawson, c Georgia in the chair, and having ar.der coasic e rat 100 the bill to authorize an emission of Treat ury notes — Mr. Warren obtained the floor, and address*-' the committee as follows : Mr. Chairman, our lot La* fai.en in strang times, and we base been destined to v. itnes strange things. Yes, sir, we have heard an able, and vet, unanswered a'gmtnent from the gentie man from Pennsylvania, (Mr. Bidule v who has been denounced as a Federalist, showing c!ear!v to my mind that these Treasury notes are ‘-fciil of credit,” and that this Government has not the constitutional power to emit 44 bids of credit.” Yes, sir, he met the question as a true strict con structionist; as a statesman should have done; and ha? shown, not only that the power to emit bJls of credit is not to he found in the Constitu tion, but he has also shown, from the Madison Papers, that, in the convention that formed the Federal Constitution, a grant of power was re ported to emit bids of credit, and was stricken out- And. further, he has shown to us that in the debate on the question of granting the pow er to emit bills of credit, such men as K ger.Sher man a:.d Benjamin Franklin said, that if the power to emit b.lls of credit was granted, the whole project would fail, and the Constitution would not be adopted by the Stales. I heard with great pleasure the argument of the gentle man from Pennsylvania, and for the light he his given us on the subject he has my sincere thanks. But. Mr. Chrirman, on the other hand, the gen tleman from Kinderbook, (Mr. Vanderpoc!,) a putt Dtmtjtrat, is found contending for the pow er to emit bills of credit Indeed, sir, as lo his argument, I could but agree with my friend from South Carolina, (Mr. Thompson,) that the gen tleman may be a very good drill officer, but a very unfit exponent of the Constitution. If, in fact, his new Southern associates are indebted to his teachings for the expertness with which they per form the most difficult evolutions of “ right aboa* face, back Jock step,” as the gentleman from South Carolina supposes, then surely be drills with great skill. And I would here suggest lu them the propriety of taking him under their in struction. Indeed sir, after the exhibition he has made of his total misapprehensions, and yet Lvt of what he is pleased to call the Southern con struction of the Constitution, it may become a question whether it is not the duty of tnese new Southern associates to provide lor him an in slructer. Yes, Mr. Chairman, lam inclined to think that they have been delinquent in this duly heretofore ; for it would he a commentary on the obtu»enessof his intellect not very flattering to his vanity, lo suppose that he had even p issed through the first lessons, as taught by Houlhern statesmen. Mr. Chairman, that gentleman (Mr. Vander poei) »ays,#tbere is now a temporary want of mo ney by the Government, and that it must be rais ed by tariff, loan , or the it me off Treasury notes; and that the tariff has been compromised, and therefore cannot be touched. Yes, Mr. Chair man, he would have it understood that lime is of the spnit ol the compromise ; that the South op posed the tariff to avoid the collection o£ revenue which was, and is, necessary lo carry on the Government; that the spirit of the compromise was to relieve the South from the collection of duties on imports, as a revenue of the country until o given lime. Mr. Chairman this is a mis take. an unjust imputation on the Southern Slates, j In no part of the Union have the people been more willing for the Government to collect tariff duties for the necessary wants of the Government, than have been the people ol* the South. But, sir, we opposed, and will oppose, a tariff made under color of the wants of the Government, taxing the industry oi the people of one part of the country at the ex pense of other portions of the people. It was the tariff for protection, and not a tarilf for revenue of which we complained, and which brought about the compromise. That time was of the spirit of the compromise, [admit, but it was on ly to fix the time beyond which the protection should not exist. And now, sir, he affects to op pose any interference with the tariff, because of the compromise. I would be glad to have an assurance from that gentleman, when the tarih is to be regulated, that the principles of the com promise would be carried out by him and his friends. But, sir, this is not to be given. Mo, sir ! and it shows how exceedingly disingenu ous is the course and policy of this Administra tion. Here we have the member from Kinder hook expressing great regard for the faith of the compromise, but is very careful not to understand the true ground of compromise. And he will now stay the regulation of the tariff until the election of President is over. Is it possible the gentleman can suppose the people of the South can be duped into the support of Mr. Van Burcn by such art and deception ? If he does, Mr. Chair man, he knows as little of the people of the South as he docs of their constitutional opinions. Let it not bo understood that I desire to touch the tariffqueston now. Mo, sir; but I have thus spoken to disabuse the South on the subject, and to call the attention of the committee to the true principles of the compromise, as well as to de monstrate that the whole course of his remarks on this subject, was uncandid and disingenuous. Mr. Chairman, according to the gentleman’s arrangement, the next expedient to be consider ed is lo raise the money needed by a loan. And it seems that the gentleman is alarmed at the very mention of this policy. Why, sir, is this so alarming? It is, sir, according to his logic, be cause to borrow the money would create a “ na tional debt,” And he would have us understand upon the authority of the Chairman of the Com mittee of Ways and Means, that “a national debt” is “ a national curse.” For my own part 1 sir, I hold the declaration, that a national debt is a national curse, true wdthout authority; but how it comes that the borrowing money to pay an ex isting debt, is the creation of the debt, I cannot comprehend; it is a new iheoiy to ma. But it may be accounted for thus; my friend (Mr. King) proposes to borrow the money to pay what the Government owes, and in his remarks in op position to the Administration measure, he took occasion to expose the misrule of the Govern ment by the present Adminstralion ; and hence it becomes important, in the estimation of him of Kinderbook, to charge Mr. King with being the first to attempt lo saddle the Government with a national debt. And he affects the more surprise that it should have come from a Southern member, knowing that it would produce a high tariff to pay off the debt, and with it all the mis chiefs to the South which are incident lo a high j tariff. Will the gentleman till us how much more 1 money it will take to poj a dcU oi the scrr.e a , mount created by borrowing aoMJ, than ;f rrc : aled ty purchase of property, IxAb doe at the { same time and at the same rate of interest? And how m och h (her the tariff mast be raised for tr.e payment of toe one than woeld be neces sary for the payment of (lie other T It tLe«e question? hid been, answerer 1 truly, he could c t have had so much groan*? cf apprehers n /or the South I But, air, when we remember that the gentleman ircna Kinderbook Las expressed his sorrow tiatbeiis a Daict/man. because if he were Del a Dutchman, he wou c then ‘guess that some ceaue a national debt, shat they may have I a pretext to Increase the tariff In ibis you dis cover hat tbe gentleman from Kinderbook de sires that opponents of a protective tariff may understand who are the friends of such a meas ure. and woo’d most untruly insinuate that my Ccleague w:s forwarding their po;.cy. But I cad the special attention of Southern gentlemen to this outrage upon their inteiiiger.ee and firmness. A Van Buren man telling us that the opponents of Mr. Van Barea are tariff men ! Do not we that Mr. Van Buren voted for that “HU of abomination,” the tariff ofISCS! And do we not know that in this city he excused hi nself to Southern men. by referring to the in structions of the Legislature of New York ? Bat- Mr, Chairman, was there any palliation for the act in the instructions thus given T I once thought so: but, sir, had I then known, as J now know, that he bad procured those very instruc tions to be riven that he might beguile the peo ple of the riouth into his support, instead ot sup porting him for Vice President, I would have avoided the sting of the viper, as I should have hat'd the art and intrigue of the serpent. But, Mr. Chairman, as the war has leea com menced 1 v the dr;ii officer of the Administration, against Georgia, in the person of one of her Representatives, it. is not sufficient that his cou:=e —honest, canci i. and upright—shouli be de en ded : but I will now show that ibis national debt, which is -‘a national cur-e. ' has Hen created by the mal-administration of this Government. For sir, it would seem that the gentleman knows not that the nation is in debt, though its Treasury notes are to be redeemed for something like two millions of dollars. And the President and Mr. Secretary Woodbury both tell u? that the Gov ernment Las nothing to pay with; and we are now engaged in devising ways and means for the payment oi this debt, with others which may ac crue. amounting in all to five millions of dollars. All these facts are before the gentleman, (Mr. Vanderpoel.) and yet, sir, no national debt! Why, sir, is it not to be considered a national debt ? Is it because the President and bis .Secre tary a-k for a law authorizing the ir-ue of five millions of Treasury notes; and that this amount of Treasury notes may be kept in circulation, so t that Treasury notes may be paid by the issue of ! Treasury notes? I have said, sir, that the Ad ministration has asked for this law; and words are used w hich would ordinarily be so cons rued. I but the midnight hour at which I find myself engaged in this debate, proves it to be acoramand —a command which is to he obeyed before we are allowed to rest. Yes, sir, a command which the Administration members of this Hou-e will not disobey. And, sir, because my colleague, ; (Mr. K.) open in Lis pU’pose, refuses to o!-ey this command, and as an independent Represen tative of an honest and noble people, suggests a !>elter policy, he is charged with an attempt to saddle this Government with a nation d debt. Is not the course of my friend from Georgia, one of open, fair dealing ? He admits what the Presi dent communicates is t ue, that the Government is in debt, has nothing lo pay with; and says, let us borrow the money and pay our debts honestly; then we should know bow much the debt is, I and where lo find our creditor when we are able to pay. This would be considered a plain, fair transaction by every man in the country, and would 'oe perfectly understood. But this is what the Administration fears—its great and leading object being to hide and conceal from the people the true slate of our plundered and empty Treas ury; and for this purpose deception is practised, and efforts are used, to convince the peoj le that I the income of the year will be sufficient for the expenditures of the year. And, sir, I assert that they know Letter, if they know any thing about ! our finances. But,sir, the gentleman (Mr. Van | derp»oel) says, the reason of lids pressing and un expectfd call is to be found in the heavy pay ments coming on the first of the year. And, sir, I was by this forcibly reminded of the peculiar | features of Vaninm. The gentleman mentioned, f ias a large item of payments to Le made by the Government in the early part of the year, the pensions falling due the 4th of this month. What is the history of the appropriation of one and a half million of dollars for th : » purpose this ses sion ? It was hurried through by a declaration that it was necesssary, and without the appro priation, the worthy pensioners could not receive their money. The Opposition members, many * I of them, opposed the appropriation, and proposed ! the passage of a la.v transferring money in the ; hands of pension agents of another class, not payable till September next. And I well remem ber the very sensible and feeling remark i fmy j friend from Kentucky, (Gov. Pope.) He refer- j red lo your far-famed sub-Treasury, and said, you will have passed that before September, and 1 may charge your sub-Treasurers with these agen- j cies, and pay the pensioners with good hard mo- 1 ney, not rags, as heretofore. But, sir, they did not understand Gov. Pope’s speech. Hard mo ney to be paid to pensioners ? They will be glad to get any. Yes, sir, hard money is intend ed by them for office-holders and favorites of the Administration—not pensioners. Now, sir, after having produced this necessity of issuing one million and a half of dollars more than would otherwise have been wanting, they plead necessi ty for the act, as Mr. Van Buren did the instruc tion of the New ork Legislature for his vote for ihe tariff. But how is all this to be accounted for? It can only be done in the knowledge Mr. Van Buren and his friends have of the value ol mon ey in elections, and their determination lo use , the people’s money to secure his re-election. Look, into the exhibits sent in with the message as corning from the Indian Department, and in j one item (and how many more of the lame cha racter I do nut pretend lo know) yon discover that, Ist of October, 1838, Daniel Kurtz, disbur sing agent of the offee of Indian affairs, had in i his possession <154 146 61, and before the fust of January, 1839, he received $19,496 86, ma king (after deducting the amount disbursed ly him of $3,7/7 80) $169,866 58 ; this sum re rnained in his hands up to the Ist of October last. | and in all probability is still there, and will re j main there until the election. Does not the Ad ministration stand convicted of my charge, that it is the corrupt and mal administration of theGov i emment which has produced the necessity ? But, Mr. Chairman, I will now speak of this i necessity, not only as having been produced by ; this prodigal Administration, but as being a per manent, fixed, and continued necessity. If Mr. \ an Buren had never meddled with the currency of the country, his prodigal expenditures never would have produced the plea of necessity for this measure. No, sir. the ruin of the country can only be accomplished by trammelling the in dustry and enterprise of the people. It is the hard-money experiment, Mr. Chairman, which is the cause of (his necessity, and which will con tinue, by diminishing the amount received as du ties on importations, and in sales of public lands. And of this, sir, he was warned with almost pro phetic wisdom. 1 call the attention of the com mittee to the report of the Secretary of the Trea sury, made lo Congress on lhe24lh of February, 1820, on lbs* currency, &c. It is not a report from Mr. Woodbury, nor is it a hard-money humbug. It is an able State paper; such an one as would be expected from William H. Crawford. -A Ye*, «r, aci* Mr. Van Buren ir.is lie: Z /y** before r. this Ho&ff. it this i.ae. gives crosttm eviience that be -Lre* car knees rather than light;*’ reason nfThi# rr:y •e : ~r. ~ i *> <to ■w:.::h I comer:/ ais ard the r a tcn'ior. W . tli ;':j* , fight before Mr. Van Boren ’ I: is to tocr-i in this report of WJfiani H. CrawL d, when Secretary of the Treasury, and whi-h reads the*: -An immediate depr'-essioo n the prices of »’! I cent race* ties wcc’ii ie the Ldov its/!® cwjscqtente of an osquaiiSe* reicn to a rr.eu. ~c cor retry, • upon the sepposi tea that the quantity of goM and siher annually produced should refrain cn | diminished. But. this return to a metallic cur | reocT shoukl be attempted at a period when the annual product of these me?2 ! s. either from tem prranr c-r permanent cacsos. shc !J bare cor=--J --r rat v decreased, all the tfit ir.tc:es*s of society would be most seriously disordered; property cl every description wgg.J rapid y foil la val .e ; the relations .etwreen erec tor and de: lor woo. i : e vi !enr!y and suddenly c anged ; this change grea/y to the injury of debt '*: the property which would ' e necessary to discharge his debts would eicetd that wh cb he bad receive.: from creditor; the ne would be ruined without the imputation if crime, whilst the other be ranched without the semblance or merit. Until the en gazrraer.ts ciifina at -he moment of such charge are discharged. and the price of labor and com modities is reduced to the proportion wh; r h it mast bear to the quantity of cerren-'j employed ■s the me-Vr.m of their exchange, enterprise of every tind w. ’r« repress i, and n/seryjacc dis tress universally prevail." Here, nr, is tr.e t-.rcL iaht before Mr- V .n Boren and Mr. Secretary Wo«.r -re ;a . / in defiance f a; th'« l uih, a c«.ii.;e corr.r. y is atlemrt- . ,V' tit ir.g IxU s ! d andFtlte r rtceccc hie bv the Gcrtr*- TT.fr, t, ;- L the CO C'J‘ .1 'Jit- tv.fr f V CT :h-r fr. • t of dvTars an ’- uc‘ y ! Ban;- s Mispend, rwt-v t t e r ;muh!, ate fi, :; t • r.eir eircaiuwn, a: . ny that the | operacon of :he fiovenjiurnh in requiring »■ -re ;e payitKn:*. makes their rcurae 'dsp:..,:',?: o s - r safety ; , rice* of labor ar.. piocuoe, as well as every dr~c;i; fjon of property,tare fallen mot suddenly ; me relation m creditor and deb to; s changed . e creeiilor er.ricbed w;*hon: lie semblance of r&cfb, ardfe debtor re ned vr'rout ' : r iccrt tr.pvJat a• f crime: r!i bv the o;era:;on o' ;/.« l>ovm*T!eat or der the Acrth .s’ration *.{ Fre-:dcr.i Van B .rrn. And.sir. this ha- pro.ucrd what 1 conie.nd .§ t e permanent d;fi« ien rol im revenue - f the Govern ment. “ Enterprise ol every k;nd is repressed," irni “misery and distress n:..-.er*tliy p-eva;.;'* and in lh i n s?ry and -ii»tress, the jrtopjt arc- u a: e '. her to buy > .m pun lands or t j pure-,are consume eo»<is w hich are irap>*.rie<i : and .age no. porta .or.s hnve been re --.;-pe ; and rim toother countries, and draw back*on the revenue have neen the consequence. And not oniy th.s, but in° :ta p- ration*, have decreased, and tr.e receipts f reve nue on imports learned. An J, e.n wh.de this inri- pdicy cont; >i-r T the impx>rat: and reve- I roe will c**ntn;oe to diimni-h. and me price <*f labor, wiih commodities and every de>cr;p!;on ;of property, vvhl contmue lo fad, on»ii the ex j wMr... - . -raenl* or debts arc das . . V\ e have the evidence of this misery and ci«- t'e>.«, sir, in the advertisements of i.oe sheriffs, cor oner-. and consianse*. ol meir ra e*, ord in the let ters almost da::y received bom oar consrituenrs in q taring what Cong res.- wni dj for the relief of the p«er.p.ie I will now answer this inquiry of ■ar c r«iituen:« and say t» them what thi* m-dri ght heur {f>‘U us. that th - - Mr Van Bcren'a Cor.gr- **, and, the re sere, whatever i.e ha* - aid may be relied on. Let ns hear h:m. I read from hi* rae-sago this insuttto his almo-t ruined ror-st.tuent* : ** The per/ple Leek to the (iooemmeut for too much ” .All lluat my constituents de>:red ol this Government, sir, was that it would let them alone: let then cur r<r.ctf alone; I t their ere: t end commerce alone. 'I hen,sir, the planter could purchase cf t; e roatiiry merchant, ar d pay in .hie p>roduction of h s farm The merchant c uld purchase of the importer, and pay in the production of ibe planter, which mru'd i te exported la foreign raarket- m payment ol mer i «rmndise in or;ed. 'I he con.mercjsu and plant:; s ' inlcresls I eir.g in a prosperous corid.lsc-n mcclian i ins would r e able o obtain lair wages t r their la i bee; and our const tuents woo’d have *een a pro-- I perms and I appy people: aid the Government would have liad a fuii I reasury. Now, gtr.arDoi g I your psK,pie—yes sir. the most noble end confiding pvpop.le the world has ever known—■** misery and dh tress universally prevail.’’ Bur, >lr. Uhsirman, .Mr. Van Barcn, as if he were afraid ihct Mr. Cranford » prediction would not be fuljtiled, t;» the ruin «.f h.s country, vvjih-»ut addition*! cause, has waged a war against the cre i uit ol the Slate*. i.ook to that p arr ol the message read by my friend, Mr. K.ng ; Here it is. u lr ; a country to cornme-i ia!as our*;, banka, in Bijraeform, will probably always erst ; bul ibis serves only t« rei der .1 the more incumbent on us. no;wifcbsiand |ji g ihe discouragement* oh ihe pa-t, to strive incur res; ec-iive stalions to mitigate ibe evila thev pro- I dure ’ Tbi- is ibe talk ol this * Stale ti:his Pic j S'devt,' lecturing us r.n f.fti.ks ? Well, sir, w bat have we to do with bank*? "J liey ar. c ented by ihe i egisiatarc* of the d fferent &ia:ei. 'I he*e Legislatures have the right to grant or .viihiiold ; charters without the perum-sion ot .Mr. Van Buren. And, sir, ihey afford ihe only currency to which the people can have accts- Why destroy the pveop e’s | currency ? It is lo make (he currency of the olfice holders worth more Ag-*m, sir, his partisans in : the United Sratca Senate have created a man of straw ; and, in their Quixotic warfare against lh;s j mature of their own imagination, Senators shirjdy j repro cethe tv ales for having borrowed money, and built rail-reads, canals, Ac- And now, sir, what is the pretext for tr.is warfare against the tftaies 1 Kcsolutions are introduced into the Senate dtdaring it unconstitutional for tins Government to assume llie payment of ihe i?tate debts. These resolutions j we:e met by a declaiaiion that no such thing had been askeit for by the Stans The Adminisinrion partisans then say, in argu uent, that the distribu tion of the proceeds ot the sales of the public lands j and surplus revenue among the States is an a-sumpi lion of the del is of the Mates. And thus, nr, a censorious lecture Is read to the sovereign States of this Union. Iflwereu member of a Stare Legis hture 1 should very probably oppjose the creation of a large public debt f>r any purpose ; but 1 should pursue such course as ibe interest of the .*-1316 in my judgment required, and shou'd no*, thir k the blare subject to such lectures. We should it mem ber, sir, we are but part of a Government vv hicb was j, created, and now exists, by the will of the Mates. ’■ b s Government should ireat the Mate Govern ments as venerated parents, and not ns disobedient children or insubordinate servant*. The President has set the example, ard his friends, his party, have followed in ids “ footsteps.*’ Bur, Mr. Chairman, w bat has been the result of this crusade against the < redir, interest, and ptes perity of the < oi:ritry ? The gentlemen fiom New York, (Mr Vanderpmol,) following in rtie footstepis of his predecessor, ti seems visiie.i Lurope last sum mer, and 1 propose that we make a witness of turn. His testimony will no' be donb'rd by the Admin »- nation, an lis so the point. What is it ? He says onr credit is so low in Kurope as to make any Amer ican bltsh None should blush more than Vr. Van Burenar d his illustrious cumrad< s in this war against credit. Yes, sir, it shows that this war has been but too successful. That the victory, unlike tho*e of Tippecanoe , the Thames, and Acre Orleans , and others of like character, has covered this great people with gloom, rnixry, and distress. Hut vv li t have been the means ..ployed by the victors in * this inglori us war against t e credit, interest, and prosperity of the people 1 Deception and false pre tence on their own part, and by art and cunnu g, endeavoring to hide the rc alt ot the Administration from the People, and the unsparing defamation of all who could noi be duped by the r dec piiou into the support of .Mr. Van Kuren and this war again, t ihe imeiesls of the country. If the evidence of this deception on the part of the Administration should be called li-r, I answer the evil hy reference to the solemn pledge made by Mr. Van Burenlo follow in the footsteps of Gtneral Jackson, and his continued declaralb n that f e is in the footsteps ot 14s il.u.-trt ous predtcessor, and his faithless disregard of this pledge. And m order lo convict .Mr. Van Burenof this, I ask iheattention of the committee to the slate of our finances when the present 1 resilient ot the L nited Mates came inio office, and (according lo his own account of it) entered upon the footsteps of General Jackson. And, first, sir, 1 remark ihat I have before me ihe act of Congress of ‘i3d June, cs-s*riicd to hy General Jackson, directing a dislribn ion rs the surplus revenue among the States !<* be made, commencing the Ist of January, 837,rclain ng §5,0(10,0 0 in the Treasury. Une fourtii of tiiis surplus was to be dislribuied the Ist of January’, 1837; one-fourth the Ist of April; onc fourth the Ist of July ; and the remaining one-fourth ihe Ist day of October, 1H37. And I also have the report of the Secretary of the Tr- asury belnre me, dated the 3d of January, 1837, showing §37,-l(*8,- Bo'J ‘J7 surplus money on band, after retaining ?5 (/.*. • ’ fcr iße w» '’tf - .t«— l>je ■ oarer • i ~. ,7 ***• 5^3.46e T. o' bs&U T 6 - - c, % - t. Ci .' ’ ■e 'I»T i - -----> y “ «2* in office-s rA ”t p r/r i '<•' > - J 1 re* • ame into * -~d *- * •' m " b since. Ww], nr, vi* w 1 ; bar. ns render by Y ~ v »t I t x< -*, ~ ’r steps a ter b»w r ». ir # -ota. f •<. ~y ’ | iert-« mmi tt-nd *; :. ia aovear ’. !' Srdt. km mou tsHijpirtof mw jjr I ' :«n fiuvd : i’y.-ct. ar.-: uu resec. r--- -f \ ” ttate or. Ifce fa* k nark with s ■ig •, wtimA •Hr mtmtuj, and wm, if 1 1 m -- -«. \ cy hr be a nketj. mhu kIZ/** | » ■n m m j * • otj UM-if; • re .. *; u vr- w -, f | * - •’ : - fficfii r.eoft * . .rEKt.xe! 7 - . , - T off *■ - erg. .. go r 2 ( . : tz. ;e ... ary r_ r .-;■ . ** . cess- Ar : even r. w. arr. t c*t - - iress rtf bt eoimtnaea, t- r e l. *—-/ ‘ n j hafie —«b*rb 1 have ibt ibe w»r*. mil be” ■ y done, and :bt the day ot ihe drfnn «i*»e f r* 1 " j on ttiiceru* frc-ia CheirembamAsae j cr..... \ tbrrra rr.e un in the But,-Mr I hangar:. t> ni.it ** .... < - , , • —.j -f. anc.ot oovenrat brcßjbl cbT hi drk, -~r *.,!i ' in debt! & nen!Jacta-a nrehtf ] rr - * • G a a e.-. . pr. . <l-. , .a - uifcrdietnbaron a:re,--. 3 . .- L £ itii i n 1 ard a.. th-U ha* oevn c .-cied v- -jlfli ren ha* dis imc, ai>: tw«*j a: . . e . | ( payment 0; wn.- n, »tv* r/.-’v j -,. 7i * ' • sots'u. 5* i i.r, rm l«rea teL 1 of h:» i;tc-*r> J lint. Mr t :r>?re i* or e o :-e- * tc-r.ee to v av, icnsr: .vm r«o r^r T* ? ‘ * e. .:ci* mar Pe cc-r*»;c red mor.ay «.j - • / . .j y 1 ae mere espc-,r a* m-.-y w 11 flora ibe nu ..intfi rari*». li *"* i ,*- a n ot c»t€f nirrefrt cft:arjyjn **- V . ' 1 1 l -*C.€Ti a now, and mvs a.way* nee. , o; :■ *k to 1 i mauue agHHt Bostb Caroitr», »•«-: ( ■ enacted for the special benefit of Qot > .« :e w:.y r t rc-tw o-.t ar r . e 1 I r.'re is r•* cangtr o! i * -•- ;r.■ r- - G(V .~j i : : - .:. : - . ',' -• her aue r=e kne v.a That :e .- in ffi - ‘ J ’ . y-. 111. « * ‘ ot (ifrenl jaciton z_ r cat r.oe •*. . : , ant: -tv r » uii Ir i/i a the N air tLt new inefc-s a: the a. Ue.« «-_•! , e eat cr/ess be can oh a.- re - ;. ; - f-.-n.. 1 ar <1 opponents ot f*ei#e-ral s; , . .[ To La trier d* be *r- .-r scale: ;h-/-7-~ ’ e«t ; r ’.t lo hi* rner- the Preside; f r ..j 1 font, mat; .e (jerem. was verv fa r f.* ■ sf | .station b» very had. The force t:/wa* ivr ar d very enrereseary, as the patrer .- c - fr ,^ -&d take-; j .are. By iha secret deciaratj aof fa t cisn- prova as has new eenvert* u< .« • ) .n it* priocip.es of Ge . Jackson, he :a ooeTir^id’ •he *upp>jft o! ‘ he mo-s vio -r,: oppose** j to* o.d General, and n experts ’be so; :-.r; o; G---n( Jac- - n * friend*, y a simp.e Lozza for Ge. 3 : Jackson, and that I cram h.s iuoiate;*. Lut ilr h nerai Jacks m* frier J 3 know ti-ir rre left : -f ven raarii t . s--jc ' ; on' ot ce:t ; a i?^,e • 'i-f. ol money LckJ : t!.- r cfcrr.er t ztc edw try T t'.e e*-unirr er e-■ urcged a : rewer ec -. > * g-s*i price# of product on and wages of labor *1 hat >ir. \an Burnt :as reduced ;; i3 we;=3 0 f jj. hr, the pricra • i commoduies, an: va . p-orer ly u' every desenpron ; t .e eorcroer-e ar. j ■ o: liic coiiniry are destroyed, arni rr. tr-.ss univer,a.:y prevail i they ku. v. t . r . j, the result of lie sadden change from a t- , bard money currt- cy, or ra her no euitac'r a; a. fe: Ba% Mr. Chairman, allow me at ih;s i rai to rail tne •Ptmion of tr e fcmnuliee to ice exrrer?. -. rega.d for our M . hem co-.strtK- . . i . C--j H stituciom made by ibe ger.iieroan i r oia K: *. fie say* ij,e more t.e sees ot : lit practice i tit , z.- gerniiknr, the more Lc approves of cur d xnr.e*: and that be wil; not act ou implied powers. He ad- • rcir- ma* there is no expron grant ot power lousse or emit bt.isof credit; at k] that tr.. s,? are .-lj of credii. And. further I hat it was proposed m :Le Convention which formed the c-jnstitm.on.to r.re an express grant of p- ver :o «ini: b:.ia ot end i, ai d tbai it vvss refused. How, ;.cn, does he den\t ihe power to emu b Its of ertd.; ? Why, sir, he ■ay* i at the government ho-I ibe power before Conslitu ion was formed. Now , I Southern gentlemen if Bus cxposii.en of the Coi. si nation, aid (i onr creed, u not ail mm endurance ? Due* be not know that ihe for man j ot the Const.:u?ion, ar.d ns adoption by ihe Mates, was but the creation of ih;s government, a- their agent to do end perform certain acts f»r tbeserurty oi certain right* at><i :r.teres.e, and lo e; aie this cot- i emment, their age ; to carry oa; th:- purpose,"cer tain powers were de'ega ed, and every oih-r pivver withheld; that co*isluulion exuied, ihu government <Ud not ex.st, and of co irse cou': have no power to emu bil s of credit ? Cut still worsr, sir : he accounts for the retural of the convenioa to neiedein ihe con*?i;iiti:>n the power lo en: : :.!!» of credit, that Mr. Morris, of th*- Convention, he heved ilinl it the power wag Pii rersiv ° r mnted, T *■ at ihe pivver would be abused. ‘ I h-a onir pnr-e* what is i me, intact, in reia.ion to abuses.* Hut it doe* not prove that pi'.ver eip»re sly dt irgaiec. ;s more :ii eiy lobe absurd than implied powers : for there is no original [ - er, or power existing bes re the f-on*titui i.iu. it must h-r en her cipic-.i or im pned : it is not expressed. 'I he gernienian jars, he will not ccl on implied power, and he mil sap po t the <>i hills of crc-d.t I cartriot coo ceive of a power more likely to oeabuK-d than that w hich lie claims, i: ben gos the worst p -ssible ce- I nvation 1 rmui here, Mr. Chairman, take o< ca.-ion to enter my piroiea: aga:rist this quack exposition of Southern doc nnes and to say ihat I trust his exaou tion will not be fa'.c-n for a fair repiresentaliun of j bouihern cotmuiuiional opin.ons; and wi 1 De considered sin ply as of K.r.deri.ojok grovvih, with out ac.vccatea at the Couih And, si.-, I ca.l up<)a B'ouihern gentlemen, who have recently associated themselves with this m.cm »er Irosi Kindsrhook, to I dismount him from the crul hor.-e, and place ban in be rank and file, with a b.-gleman liefore h.m, and indue! ri cate h.ra in the creed of ihe Miuth v\ h at liiile dslay a* pa ssible. And as you love your j eonat it alien and profess to belne that yours are ibe | conservativ-i doctri-ie, ol the government, never, ! no never ln»t their exposition to h.m ccam. Our creed will be brought into disrepute bv such advo ; tale*. Cannot ihe gentleman >ir Vanderpoe as easily prove that tne government had the -ares right :o estab ;sh a national bank, before the forma ;ion of the constitution ? And do you noi hold mat 4 war, famine, and peslile nr-e,” with a nacoral debt, would be an inconsiderable curse upon the country, compared with a national Bank? ; you will see tlie n#ce«sify of instate ions being sl forded him of KTnderhook. It he cannot be*:m proved, you will find it your big first duly to pre serve our creed from bis touch. That reform may be ce.■ miner.red, sir, I am dee d edly in favor of borrowing the money in a r und * sum -'end forth Mr. Van Buren’s officer io bor row, for the payment of office holders and favoriie* of the Administration, and. my v. eid i< r;t, ad di fl little taknt, nrn? the art and cunning of this admin istration, and w hich has (with tie mor.ev p vver under their control) prostrated the credit of lh« country, will be exerted to obtain the loan, and in doing ibis I i.e credft of the country mav also be re stored. At any raie, 1 would place Hera on tfaetr resources,and hear from them what ihev can do. It was, indeed, amusing to hear the cjmpbnntof the gentierar n from Kmeierh -ok,against the W hig*. r for iiieir pn ii-gate expenditures “ The wrapping piapcrand franking privilege has cost the Govern ment *° rauc ’h ' - And tins, too, without making mem ion ot a certain frankir.g room established in | Ivichmcnd, and the blank franks sent there fiom th;* j city. It is ail right, sir, for Ihe adherents of the Aditiini-tra ion members of Congress t* do so, but 1 ; tor the Whig* to do i*, is monstrous. For he com ■ fort of him of KiruJeihook. 1 would say that ibtse bigs are like those vvlio have borne the same i Karae in ali tune 'i'hcy are ha dto manage, and will not be scared from their purpose- They " i: ‘ pose the corruptions of power ; and you l' avo made it necessary ilrey should establish tlie iKtelb gence fund of which you complain. It is a free will offering of their ow n, not from the people * purse ; no, but it is to counteract the slanders put forth by y* ur hireling press ; a press paid and sus tained b\ lha people’s money ; t*y your power, itie money of IHo Whigs, and their Whig constituent*, go to support and sustain your press- Your p'es* is slandering the candidate of (he Whigs. Tlw patriot soldier, and the statesman, and gende men.are slandered and misrepresented. The object of iliis fund, made up hy the volunteer contiibuli 1,1 y of the Whigs, (I suppose, but donut know, except as e hargeel T>v liim of Kinderhook J is to set lort* in iheir true character, the opposing cardidaies to-’ the Presidency. Who is it that should complain o being brought to the light? Those only whose aej 1 cannot stand the light. 31r. Van Buren’s friendi have commenced a cou.sect tlaneler and detraclK’ 11 against General Harrison, with i view lo keep publicc ind away from his own acts, 'i he W h.g* have institiiti <1 a comparison of character and po»* lic service—lei it go on. They know mat the Ad minislr linn will opfs-se I fits, and i lie Admioistni ti n bos precedent established by enlightened mot'