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Staunton vindicator. (Staunton, Augusta County, Va.) 1858-1858, January 16, 1858, Image 1

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TERMS, Two Dollars and Fifty Cents:
Or Two Dollars in Advance
e amamaasmtviatm u sun
*umbjm sab vaswbs
THE flNlieMm
Til ll MS :—77.« " VIXft K'ATOIV' i» published
every Saturday morning, on Main St., tuo nourn
IfC oir IS. Cronford’s Corner,at Tiro UoHqrs and li
ly Cent*, which may be discharged by the payment oj
Tiro l>nl!«rh nt nuy time within the. year.
A I) V ER T.ISEM RXTSof ten linci,, (or leu*,) in
serted three ti men for one dpllar.and twenty-Jire cents
/■ ■ r.-.i'li subsequent ccjijinnaiice. I.nrijcr ninvcrtpc
i/fenm i:,'rrr.-it i,i ih« ».1i.:c proportion.
i liheraj lyisoyunt made to those tr,ru aun ertise by
Sj>“ ye or.
Ti ofen-ional CarIs.not exceeding “even linen, will
iy in unit'll for one year for —1» month nj or
One square, ti ll Units
(! months
6 mouths
'S h rce equate*
One th ii it eoliimn
Onto column
$8 00
5 00
3 oo
12 00
k 00
5 00
15 00
10 00
7 00
12 00
S 00
50 00
30 00
G ill out
3 1<
i gwiS
C month,4
3 -
G /mm(Its
(,7 advert f lug for a 'ess tii.ie thuii Hirer niontlp,
<v'i'/7 be rhargetf for a> the wsii.ij roM '—00 per
Ho,.arc for the first three insertion*, and twenty fee
cent* for each ■fttbdttfi’*'nt ist/iie.
£ he ttb'H’6 role* trill be utrictlif o if hcr(‘d In. rP}t<i
tirettlaliou of i)^ Yi,Xl> H'A T-O-U . oar of the lur
ys t in the Slofc, and■ hence oneoj the t»i st atlrerh-i
IQK \\rf)JlXt of all dt «<rijiliouh prompti'i
t temle l to.
p V ,
jt*< <■+ V *
J. li'il'E. Dealer, in •rroeeries and Flour—
rln> Pas.-enurr Depot, ami near the
American H it 1. Staunton.
IJAYLOit A I! A’>1.01’. Attorney? at Law, Ollicu
.J. 3 oiipo.-iteCoui.lv Clerk’? Oll.ee.
1> F. POINTS. Dealer in Sloycs. Tin ntn;1 Cop
_S J. jier Ware, one f • >r above l nion Hull.
(^ P. WOOD, ti’niai'actum* nntl dealer in Car
;• i>e and Bujfjry llames-, Shop on the comer
opposite the National Hotel.
j! a D<*OI(KY, F:\-hior,.,i,le Tailor, opposite old
Post Oiliee. Main St., Staunton, Y,i.
IT T. A LI! KRTSO N. Attorney at I.aw and No.
a. t.irv Pphlie. Wavneshoioueli, \ a.
(1 F. FLICK. Saddle. li,-,rm'-i. and Trunk ma
I , ker,
under Vindieator Diiiee.
IF.NUY Hl'OlIi'lS. manufacturer and dealer in
Foot- A Shoes, pur door vve.-t of Maible \ ai d.
Law, Oilier op
's J WlMAN A ItKI.l.. Attorney
A 1 po.-i'e the Coin t House.
t J" Vi. ilHI.L. Notary Public ami Commissioner
f 1 , to settle Accounts, omm-ite Court House.
Tailor, umler the Vindi
1 O’liliAii. iterel
fj % e.itor Oliiee.
i H. KVA NS. Dealer in Tohipecp and Segars
s . .Main St , Staunton. Ya.
f li. ANTONI, de;i].'-r in Cuul'eetionery A Fruit
>! . Main St... Siaunton, V„.
« I? SCi! III! FK, Confectioner, fit
c.J* • ker. coiner of Court ilouse A h*
deer, ;;rt:
t AC'ilt POLL1TZ. Wholesale and !‘cti;|| tiea.ler
•• in K. ad v-Miw|e Claiidli-r, porpi’,' pi y 4. H,Ael.
'fvr->!Mt!S A- GOOj;:-;. s;ul }Jwn>
s Trad -is in Fnticv nmi Stanfe Goo,.!.-- i»n<A Gro
in i'-T, iiiijiic‘11- fin' Vindicator Cilice.
£ i X. YUOl i. .UUtrucv loi’.v, Odiceon Court
.1 ^ , iloime !!n’.v,
ri V. f’o\VKj,l. CO . FairHv Grocer* A I’Joui j
J[ • Mi ■ i tinier I iiioli Jl;>ll.
V*tuuirg 5’riiflucc jniuiriit and sold.
f \ f’l' >ii i N*«t Aw^lwt'crs General i
A Ajiciii.-. ur,i 'i l’nion il,;ii.
\ " ,\ . FKM.'.t 1 VSTITJ'TK. yi.;.c;itori, Ya.~
; iie'. K. !i. i'iiiiiiii.s. I’rliK'iiiWi. i
^ 'A it V l; K M A N . \YImlcMi!" mid Retail dealer in j
} • Ti Macro ,md Jjcjr*rf!, 0|ili<ldt0 Vu. Hotel. I
£ 'll \UTKR OAK Life 1 t> c lira nee Go. 'll. \V. ,
* J- li.•]?-'% diri jd: oiij'o.-iv old f.'i Tili nl Rank.
1 )OI!‘ T ,}OH VSi>N A SOX. Oaliim l irakci>’and :
.1 \ i inJ.o i :i lot :•, (iorjud II iII- South rddr. j
} VM !>; X Sr.KJ, A • }»i»’iivy at Law, MonJ.er.ev |
c? Hijiiiia d 1'innit r, Vft.
|X .1. »i i,j-; \ 1> Y . dealer in T'lKacen. Snuff and
•. t. S; y y 1'. V".". . C. T. Cochran, Arjefit.
7 1 X K A K i X V V.\ , d i n.'.rci-( ■; siai dcidera in
,t i i'liuls. Oil:-, livesiuiia. Ac.. .Main St., Slaun
.!. lil iiKK i CO. r.ivcrr and Sale Slaldea.
• i"'c[uirc at lie Virginia lintel.
r»M\Y OR A HOOK, (aucc -«,!■-• to nr^d-burg
A Or. ) •' ’ in jirv G m d< mid G (.n. rica.
ii i, unite Va. It'tei.
C’! fir; lat" fine o' K. ii
l». Tun.) kina
A \V
.I AS. K. TOM J’Kl XS,
Fnrinetiv c,f AtiicnnArlc.
, . of lulu a ;ni ri nor in the
I.i.diiiinnri Va.. and for- cm cernofSta(ilet- Mai tin
iiicili of A In o a i i a. A .Co..S,;.iiii!t hi, Yu.
\X. i>, mtoi’KftS & i:SO'?
ii:c.mmisri?ou itleviiiante,
4?;# riejir BlifiK Esvf,-! I'aiik,
R I C H M 0 H D V A
Hour, Tcfr&Ye\y|;<aj. foni.& Produce
Ami give I rear prompt jx-i sonal attention to sil
i buMiess dll rustl'd to them.
I.:!tru! .\'iru,,rcx nmile on (\a:rf)u'--tii
hi S
S'VI 'inhiv 12. 7. — lv.
J. n. WATTS,
isaioi< row.
f O I R T - II 0 IT S E 8 fl p A IJ B ,
S j'A L XTO.\.
A T TO !< S K V A T LA Vv
A.Mjg.usla, Hot-klii-idge, JJaUi aad
Highlit ad.
July 25. isr,?.
O K Til K
Staunton. Va.
B.ta f Ltr £3<‘Jl3U£.
JF.ATHKH Holting, for »(1 k-inds of Machinery,
J from 1'j inch, to i2 inch, wide; Lage .1 ejith.r;
,<,'<>pper Wivc.is; Pftent Oilers, and Wire Xappcrs,
Jit the new Iltijware Store. nnder Union Hall, of
■Staunton, Sent. 10, 1857.
TIVTF. founder pi this Celebrated Institution, the
.I only regularly ridueated Physician adverti
sing oilers the most certain, speedy and only ef
fectual reinedv in the world for
Gonorrhoea, Gleets, Strictures.Seminal Weakness,
pains in the Loins, A flections of the Kidneys and
’(Udder. Loss oi Organic Power, Nervous Irrita
iiiiity. Disease of the Head, Throat, Nose or Skin,
and .Ml those Peculiar Disorders arising from a
.OeV.i ado $ie.;. t;t. .Habit of Youth, whi-ah jfjiot cured
produces Eoiistuiuional Debility, fenders 'mar
riage impossible, and in jd;e end aeMX.pvs:both
,f{ODY and MIND. Those secret and solitary
practice's more fatal to their ic.fims than the
song of the Syrens to the mariners of Ulysses,
•blighting th<dr most brilliant hopes or anticipa
tions, rondel ing marriage, tf'c., impossible.
K-p^eially, who have beer me the victims of Solita
ry/ U>VC, that dreadful and destructive habit which
annually awceps to an uu'.iuielv grave thousands of
young men of the most exalted talents and brilliant
intellect, who might otherwise have entranced lis
tening Senates with the thunders of eloquence, or
waked to ecstacy the livivg lyre, may e,JL with fq.1.1
Married persons, or young men, contemplating
Marriage, being aware of Physical Weakness;, Or
ganic Debility,jDeformities, <Sic., should immediate
ly cyiiiuH Dr. J., and be restored.
He who places himself under the care of Dr.
Jidinston, my religiously confide in his honor, as a
geu;k'piau, and confidently rely upon his skill as ft
immediately cured and fyll vigor restored.
This dreadful disease is the penalty most fre
quently paid by those who have beevaie. Uto victims
of improper indulgences. Young persons are too, j
apt to commit excesses, not being aware of the
dreadful consequences that may ensue. Now. who
tloit understands the subject will preti nd to » 9»/
that the power of Procreation is lost sooner by those
falling into improper than by the prudeii^. Besides
being deprived of the pleasure of tRa.ltny i.ikpriiig. j
the most serious and destructive symptoms to hoik
bbdv and mind arise. Ike system becomes de
ranged. the physical and mental powers weakened,
nervous debility, dyspepsia, pwlpitqtiou of the
heart, indigestion, a wasting of the frame, cougli,
symptoms of consumption, etc.
fit., Baltimore. Md., seven doors from Baltimore
Street, Hast side, up the steps, lie particular in
observing the Name and Number, for Ignorant and
Lying Impostors, Cunning and Trifling Quacks,
Shoe Menders, Boot Llaeks, Sweeps, Lump Trim
mer i. etc., styling themselves regularly educated ;
Physicians, attracted by the reputation of Dr.
Johnston, iurkneai. A. 11. A.U Letters must con- j
In in u Stomp.
A < urc Warranted in two days.
Member of the Royal College of Surgeons, London.
Graduate from one of the most eminent Colleges of
th ■ I’nited States, and the greater pa. t of win s: i
life has been spent ill the Hospitals of London, P; r
is. Philadelphia, and elsewhere, has effected some
of the most astonishing cures that were ever known.
Many troubled with liming in the ears and h -ad .
when asleep, great nervousness, bring alarmed at
sudden sounds, and bashfulrmss. with frequent
bi'js’i;ng, attended sometimes with dei augenuut of j
mind were cured immediately.
When the misguided and iinprud mt votary of]
pi, a .sure finds he has imbibed the seeds of painful j
dis -use. it t.o often happens that an ill-timed sense
of sliainu, or dread of discovery, d, ters him from I
applying to those who, from education and respec
lability, can aloud befriend him, delaying till the
constitutional s.\ inptoms of this horrid dis -use make
their appearance, such as ulcerated sore throat, di
seased nose, nocturnal pains in the lend and limb;,
dimness of sight, deafness, nodes on the shin bones •
and arms, blotches on the head, face and extremi
ties. progressing with frightful rapidity, till at las!
the palate of th" mouth or the bones of the nose fab
in. and the victim of this awful disease becomes a
horrid object of commiseration, till death putsa pr
ied to his dreadful sufferings, by sending him H
■ 'that bourn ■ from whence no traveller returns.’’
To such, therefore. Dr. .Johnston pledges bin'self to |
preserve the most inviolable secrecy : and from hi.
e.\t iisive practice in the first hospitals in Kurop.
and America, he can confidently recommend a sale
and speedy cure to the unfortunate victims of this
horrid disease.
It l- a mclatic'iolv tact, that thousands I. n vie
Jims to.this dreadful compiiiiiil, owing to the uii
ski ilfulucss of ignorant Pretenders. who, by theiisi
of t)u,t deadly poison. mercury. ruin the foiislilu
tion. and send the unfortunate sutlbrei to an uuiinte
iv grave, or else make the residue of life miserable.
])r. .]. addresses all those who have in ured them
• elcs by private and improper indulgences and soli
I ary habits, which iuin both body and mind, unfit
ting them lor either Business, Slimy, Society or
These are some of the sad and nudgm-li dv eHeels
prodgeed }>y the early habits of youth, v \z. : \V'-ak
ness of the Back an{l Limbs, Bain in tin- Head.
Dimness of Sight, Loss of Muscular Bower. I’alpi
i atiou of the heart, Dyspesia, Nervous ! n Lability.
i)ei angcmeni o!' I he Digestive Functions,* ‘Done: al
Debility, Symptoms of Consumption. Ac.
M i-xr.v 1,1.V.—The fearlul ellt'cls on the mind are
min ii to be dreaded ; l.o.-s i;t lilemory, ( oii.usion
of Id-'as. Dopressjiiii oi Spiiiis, Kvil Forebodings.
A v vision to Society. Self- Distrust Love of Soli rude;
1 in id it v. Ac., arc some of the evils produced.
Thousands of persons of all ages can now judge
what is Die cause of their declining b •altli. Losing
Do ir vigor, becoming weak, pale and emaciated,
have a singular appeal anee about the eyes, cough
and symptoms of consumption.
M ‘.’null.a Bi .-.sons, or those cnuteinplatisjr mar
riage, being av.are of physical weakness. should i in
mediately apply to Dr. J., and be restored to per
feet health.
ItEMiuDY Fslit iMKbVMt Wt.ASv
liv this great and important remedy, weakn •.-■s
of Dio organs arc speedily cuiod and full vigor rcs
ored. Thousands of the most nervous am! d-biliu
h (1, v bo had lost all hope, have been iumndmli-iv
relieve-J. oil impediments to Marriage. Phvsbnl
or Menial Di-'piulilie.iitioa, Neryoy s *r»-?tjj.1 t-ilit v.
Tremblings and Weakness, or e.vh ihstson oi Hi;
most fearful kind, are speedily ciire/i.
Who Lave injured (iieinsi Ives by a certain pr:g*tj.-;>:
indulged in yvjt -n alone—a habit frcijn ■idly 1 •arn'ea
f. oiu evil companii/gi, or at school, tlm olivets of
•rhtcli are nightly felt, eveg y; lieu a.-! top, and i: not
cured, renders marriage im possible, jjnd dc -troys
borli mind and body, should apply immediate;y.
What a pity that a young mail, flic It ope ot t.is
country, and the darling; of his pgrcuts. should be
snatched fioin all pro.-peets and enjoyments of life,
by the consequences of deviating from tli • path of
h iln.e, andnsndulgiiig ig a certain secret habit.—
! > Such pci so, before contemplating
should reflect that ii sound mind and body are the •
most necessary requisites to promote connubial |
happiness. .gjtLout these, tie jo irney |
through life becomes a Weiiry pilgrimage l the pros- J
jicct liouily dark “ns to the view; (lie mind becomes j
shadowed witli despair and filled with the imdan ;
t Judy i el! ‘ction that the happiness of another be- j
Conns blighted with our own. j
OirU c Eo» 7 S. Fred. St.,Baltimore, Mel. ;
.X. It. — let no fali.i'delieg.cv prorehf vou. hut ap- ’
e.ly immediately, either perse;vally or by letter.
The many thousands cured at Ihisin. htution with
ib the iyst sixteen years, and the njinierous impor j
taut Sir gu-ai <fpercperformed bv Dr. Johns- I
ton. witnessed by the reporters of the papers and
man.' other persons, notices of which have appeared j
again and again before the public, besides his sran j
ding as a gentleman of character and responsibility ;
a sulSieii-i.t guarantee to the afflicted.
it is with the greatest reluctance that 1)R. JOHN
''TON permits hi> card to apj e.ir before tic' public
deeming it unprofessional for a physician to adver
tise, but unless he do so. tie afflicted, csperialh
strangers, could sot fail to fall into Urn hands of tin
dm.iiy impudent and unlearned Impostms. with in
numerable false Names combined at Quaek-ahops.
swarming these large cities, and eop\ ing I)r. John
sfon's adrcrtiseinciMf. #!ioe Mender». /'not HUick*.
\ Sim, fix. LoinI) Trinuiitrx. if r., Paltry anil Cnnfeiiiji
‘ ''re Imitoiors, whose Lives instead of at the Noble
.-Science of Me-ticine have been spent in the most
i Mruiol Cnjioi-ittf. now styjjug themse ves llc-jalnrli/
I'd nr Jed, Plii/xirioinst illiterate sijullqw-biainod .
: fellows, too lazy to work at their oiiginal trade,
j with source two ideas beyond a brute, who for the
i purpose of Untieing and Deceiving, carrying on
! five or six olfices. under as many ditfereut False
.Name-:, so that the afflicted Strangers, escaping
one. is sure to tumble headlong into the other.—
Ignorant <.blacks with enormous lving cei tiiicgtes of
gn at and astonishing cures from persons n<;t .So he
found, who keep you taking large boriios <;f Licor
ice Water and other packages of filthy and worth
less compounds, cunningly prepared to impose upon
I the .unfortunate and unsuspecting, Trming nwntii
after month. or as long as the smallest fee e,..i be
I obtained, an iff in despair, leaves you with ruined
: health, go high over your galling disappointment.
Fersons doutiting these remarks can try these im
postors. be mined in health, and be convinced.
Dr. Johnston wants no Patients, but those fully
_i.pab.ie of.apppiveiating ;ind distinguishing the ser
i vices of a regular thorough bred Physician from
the paltry, designing and unlearned Quack.
j Dr. Johnston is the only Physician advertising
to cure Secret Disease. His Credentials or Diplo
mas always hang in his oilice.
fli.s remedies and treatment are entirely un
known to others. Prepared from a life spent in the
great hospitals of Europe and the first in tins' coun
try, viz.: England, .France, me ttioo&iey of Phila
delphia, Ac., and a more extensive practice than
any other Physician in the world, llis manv won
derful c.ar.tg uott most important Surgical ,..per;i
tions are a sufficient gut-rgpiee to the atlhcicyi.
-Those who wish to be speedily and efi'ectualiy re
lieved should shun tire numerous trifling impostors,
1 V, ho onl v ruin theii health. and apply to him.
i I’AIl) and containing a Stamp to be used for the
reply. Persons writing should state Age and send
that portion of ad\ei tisoment descrihimr symptoms.
July 2.1, 1SJ7.— ly.
On. the treasury-note lull:, delivered in
tlie House of Representatives Monday, l).e-;
cember 21, 1857.
Mr. LETCIIER. Mr. Chairman: lam
very glad to learn that the somewhat dis- .
Unguished firm—Houston, J.o:;^i. A Co.—
is likely to receive some important access-.
ions. We have therefore hcen charged ,
with being very illiberal in our votes, and ;
whenever any proposition kau Le.en brought
in here which v(c thought proper to oppose, )
gentlemen on the other, side have regarded
our opposition as a sufficient ground for vo
ting in favor yf R. I find, how, that the j
gentleman from Maine [Mr. Aeeott] has,
come upon our platform, and that he has ,
cc.mmeu.ced to lecture gentlemen upon the !
subject of extravagance. Rut there were ,
one or two things in connexion with that'
lecture which struck me as a little remark- :
able. The gentleman tells us that in his 1
town, in Maine, the government has ex-1
pended a vast deal of money unnecessarily, I
and that it has somehow or other been con- j
nocted with a newspaper establishment ex- !
isting at that place. Now, sir, if the offi- j
cere are unnecessary, if their salaries ought j
ii >t to be paid,if it is p.rolijgacy and extrava
gance to have the officers, why does not the ]
gentleman signalize his advent here by in
troducing a bill to abolish those offices
which he knows to he useless ?
Mr. ABBOTT. I will state to the gen
tleman that 1 have an amendment to that
effect, which T shall offer to this bill.
Mr. LE rOIIElt. Such an amendment
to this bill! An amendment to reduce the
number of officers to he added„to a treasury
note bill 1 [Laughter.] 1 apprehend the
gentleman will find, after he has been here
a short time, that he will never get a man
;n that chair who will not rule such an a
nemlment out of order, under such cireum
.-tauccs. Let him bring in a bill, so as to
repeal not only the law which creates officers
■ here, but repeal all other laws which ostab
ish useless offices elsewhere-——
Mr. ABBOTT. 1 have it in mv hand.
Mr. LETCIIKR. A bill?
Mr. ABBOTT. No: an amendment.
Mr. LETCHER. But 1 do m>t think
lie gentleman’s amendment, will lit this bill.
That is all If he can get it in and the
iffieers are useless, 1 will vote with him.
jmu we naa a lit Lie chance tor economy
ho other day, when it, was propose] to al
low clerks to various committees of this
louse. It seems to mo that there was a
diuiice where the g\ 11! Ionian might have
hown a regard to economy iiy voting with
is, w!i i voted against them.
Mr. A BBO’fT. 1 voted against, all those
Mr. LETCHER. f am glad to hear it
tor it is still better evidence that ho is com
ing to our side. Now, sir, the gentleman
tells us that the government expenditures
for the last years have reached upwards of
§70,00d,0005 and intimates that that ex
penditure is chargeable upon the present
administration. How can that be? Who
bad the majority in this House in the last
Congress ?
Several voirns Nobody.
Mr. LETOll Kit Nobody! ah, 1
(bought the knot/: nothings had it. [Laugh
ter, j At any rate, the majority was not a
democratic majority.. That is plain and
clear, and if anybody is responsible for the
expenditures voted in this House, it. is not
the democratic party which were in a mi
nority in this hull at that time.
Mr. WASIIHU15XE, of illiuois. You
had possession of the .Senate.
Mr. J.H l'H'l Mil. We had possession of
the Senate ! I will attend to that soon.—
j>y the way, what has become of tint court
house of yours in Ualcn.a? [1.arghter. j
Mr. WASH BERNE, of Ultnuis. All
Mr. LETCHER. He was for the cx*
■ peuse of building a court house where no
coroi. was li'iil yet lie holds ;!ie democratic
party responsible foi Jt t profligacy in speu
j ding the public money.
| And, Then, besides, if J recollect, right
‘ my friend from Illinois not only was not
I content to take his own, but in order to get
| it was willing tr; go into partnership will)
! dftc.cn or t wen tv others for similar purposes.
It seems j.0 me thou, that we are got ex- j
ictly the party, jior is it the ProHdeiit ey- j
ictly the person, to ho taunted with this ;
-•curse of expenditure. Does not the gen- 1
•leinan from Maine [Mr. Abbott] know the j
fact that not a dollar of the public money !
.•an he drawn from the treasury yu’ess an ;
ipropriution by Congress is first made '!— !
does he not know that a bill for that
pose must originate in Congress, pass both
uses, and bp £cnt to the President for bis
ipproval, before it biggine*: the law of the
.and V
Enough for that. 1 have no doubt the
cciitlomau will find the democratic- party of
his House ready at any time to vote with
dm [1 can answer fur one, at least] upon
•very proposition that proposes to reduce
■ he expenditures of the government without
prejudice to the public service and interest,
;nd without in tiny manner affecting (lie
power and responsibility of the government
3Pit let me come to the consideration of
this bill. Oeutiemeri say that they do not
see any necessity for the introduction of ibis
bill at this time, and the gentleman from
Pennsylvania over ,tlie way, (Mr. llm-iim)
who addressed the House last Saturday, read
certain portions of the President’s message
referring to the treasury-note bill, which is
the subject pf/consideration now. He sta
ted that the .President diu not geein to be
exactly certain that those treasury notes
were needed at the present time ; that he
supposed they might be needed at some pe
riod of the present session, but not ah a peri
od so early. Now I understand the Presi
dent to refer to that matter in the extract,
(correctly reported as the gentleman quoted
it:) but I understand at the same time,
that the President ca.I!,s the attention of this
House do the report of tile Secretary of the
treasury as presenting bis views upon ibis
and.other questions connected with the
Treasury DepartmSnt. -.Well, let us see
what the Secretary of the Treasury says in
bis report upon £hjs subject: and wo will see
then, perhaps, the necessity for it, and I
shall endeavor to adduce some reasons to
show why the necessity exists.
Oil the seventh page of the Secretary's
report, lie says :
••The efficiency of the public service, as
well :is the security of the public credit, re
quires that this dcpatt.nieu.tj shall be provi
ded with meaus to meet lawful demands
v,’it bout delay. During the remainder of
the present fiscal year it is estimated, as be
fore stated, that Sufficient revenue will be
received in the course of the year to meet
the ordinary outstanding appropriations.—
But the great bulk of the revenue being de
rived from duties on merchandise., payable
only when it is entered for consumption, the
period when such duties will be realized is
entirely uncertain, being left by law to fehtrj
option of the importers during three j
years. The present revulsion has caused a !
very large portion of the dutiable merchan-!
dise imported since it commenced to he !
warehoused without payment of duty. To i
what extent this practice will be pursued |
during the present fiscal year is too ‘much a {
matter of conjecture at present to. risk the!
public service and the public credit upon a j
probability of ay immediate change this j
respect. It uyiy he safely estimated that, j
in the course of this fiscal year, a large por- j
tion of the merchandise now in warehouse t
will be withdrawn and duties paid thereon : i
but, iu the mean time, adequate means for'
meeting lawful demands on the treasury j
should be provided. Such provision should |
be made at the earliest practicable, period, )
as a failure of sufficient means in the trea- j
sury may occur at an early day. The exi- |
gency being regarded as temporary, the i
mode of providing for it should be of a tem
porary character. It is, therefore, recom
mended that authority be given to this de
partment, by law, to issue treasury notes
for an amount not to exceed twenty million
dollars, payable within a limited time, and 1
carrying a specified rate of iutercst, when- j
ever the immediate demands of the public I
service may call for a greater amount of,
money than shall happen to be in the trea-!
sury, subject to the treasurers drafts in i
payment of warrants.” 1
1 here, sir, is the recommendation of the !
Secretary of tho Treasury, and there are
the reasons upon which the recommendation
founded. j
b.ow, let us look at :h; state of trade, i
and sec whether those reasons are hot justi- ;
fied by the facts which are upon the records
of the Treasury Department, and that es
tablish clearly and conclusively that, at this
moment, there is a large amount of dutiable
goods in the warehouses of the {Jiuted
'States, and that those goads are lying uu
caned ior because tins commercial revulsion
has cut off the parties from the means of
witlulrawiug them at present and turning,
them into the channels of thule.
I have here a comparative statement
showing the amount of importations into
the district of New York during the months
ot October and November of the years 1850
and 18f>7, classified, respectfully, under the
rollowing heads: “Specie and bullion:”
■•free, (exclusive of specie and bullion:”)
‘ dutiable, for consumption, and warehou
sed.” In the mouth of October, 1850,
within that district there lyere imported
$10,825,592, and in November of the same
year, $14,408,545. Now, sir, let us com
pare that with the importations in the
months of October and November, in the
present year. We shall discover that the
importations arc very nearly the same for
the two months in each year ; and yet we
will find, when we come to examine the
quantity of goods retained in ^are-houses
during the two periods, that there is an es
sential and very wide difference. In Octo
ber of this year $14,439,887 worth of gooffs
were imported, and in November $13,417,
9 i0. Of the $13,825,592 worth qf goods
which were imported in the month of Octo
ber, i<8u0, $12,758,782 worth were with
drawn during that month, and went into
the consumption of the country; in the
month of November, of the $14,408,545
worth imported $13,049,271 worth were
withdrawn, and went into consumption.—
Now, sir, we come down to the same period
of time in tliis year, after this commercial
revulsion took place, and we find that out of
the $14,439,807 worth of goods imported
in October $10,148,324 worth were with
drawn for consumption, and the balance re
mains in ware-house, a large portion of it
CTon up to this time. In the month of No
vember the disparity was still greater ; for
of the $13,417,960 worth of goods iinpor
teu in tliat month but §8,013,;; i worth
\ver.e withdrawn for consumption. Then,
sir, is it not palpable that this commercial
revulsion has produced an effect., and a ve
ry great effect, upon the commercial busi- I
ness of the country : and that, owing to this.
fact, the amount received from duties has'
been essentially diminished, and that there!
are now, qf the importations cf those two
months, something like nine million dollars'
worth of goods uncalled fop on this 21st day
of December ?
But let me go st*U farther. Do gentle
men know what amount of dutiable goods
was warehoused within the district of New
\ ork up to the 30th day of November last?
'1 be returns to the Treasury Department
show that there were upwards of §28,000,
000 there then under bond; and since that
time additions have been made to it, so that
it is fair to estimate that there is at the
present time pot -legs, hi that district alone,
than §30.000,000 under the warehousing
act—which allows goods to remain for a pe
riod of three years—uncalled for, and that
w ill not he called for until later in .the win
der, or possibly in the spring. If that is .the
case in New York, how is it if you take ail
1 the importing districts in the United States?
There are a multitude of these districts—at
New Orleans, Charleston, and elsewhere—
.and it would be .fair, i suppose, if there are
§30,000,000 in New York at this time, to
estimate the amount under bond in the va
rious other collection districts at from ten
to fifteen million dollars. So that there
\vould he of dutiable goods uncalled for,
and ypoxi jfidiich the duties will not ho paid
until called for, for consumption, between
forty and forty-five million dollars, which
will pay into the treasury duties to the a
mount of about ten or twelve millions. Is
not the Secretary of the Treasury right,
then, when he says .that this is only a teui
deficiency, and that, in consequent
of the temporary character of this deficien
cy, \i would be advisable .to jssyge treasury
notes instead.9X negotiating a permanent
loan ? But gentlemen say in this connex
ion, and the gcntlcrnau from Maine [Mr.
Abbott] indicated it, as well as other geu
tlemen on the other side of the house, that
the Secretary of the Treasury lias managed
these affairs very badly ; that he has un-'
dertakea to redeem public stocks ; and that i
usirig the money for ' that purpose, be has ]
squandered the means which would have j
deprived him of the necessity at the present j
time of recommending the issue of treasury 1
Now, let us see how that is: under the j
act passed in 1853—for which I voted, and j
I doubt not, most of the gentlemen here, j
who were thennpon this floor, voted—the
Secretar-y-trlJfhs Treasury was authorized
to purchase, at the current market prices,
any of the outstandidg stocks of the United
States, as he might think most advisable,
from any surpuls funds in the tiic&j^ry,
provided that the balance in the treasury j
should not he at any time reduced below ;
$•3,000,000. There was the instruction off
Congress to the Secretary of the Treasury,
given in tye month of March, 1853, direc
ting him, if there should be any surplus
money in the treasury, to apply that sur
plus money to the purchase of stocks.
And, sir, does it not ccine with a bad
grace from any gentleman on the other side
of the House now to arraign the Secretary
ef the Treasury upon this fxoor when he vo
ted for House bill of the last session of Con
gress (No. 816) to deposit the entire sur
plus ip the treasury on the 1st day of July
last, with the exception of $2,000,000, !
with the States? When that bill was up j
here, it received the strength—almost the !
entire strength—-of the then opposition to ’
the democratic party, it was passed through j
the House, but failed to be successful in the ;
Senate; and that bill proposed, as I have i
said to take all the funds in the treasury on
the 1st day of July, with the exception of
$2,000,000, and to distribute them (or de
posit them, if you please) with the States
upon the conditions therein spec!lieu.—
Now, suppose your proposition had been
successful, that your bill had become a law,
and that all the money in the treasury on
the 1st of July last had been taken and de
posited with the States ; in how much worse
a position would the government have been
than it is at present? But that bill failed,
and now the Secretary is arraigned, for do
ing what ? For taking the $16,01)0,000
and applying it to the purchase of stocks,
which would have been taken from the trea
sury under that law ? No, sir, he has ap
plied in the purchase of stock, including
principal and interest, from the 13th of Ju
iy, 18o/, to the 17th of October, 1857,
§4,520,105 47. 1 complain of no gentle
man for voting for that bill, but I do com
plain that gentlemen who voted for it should
arraign the Secretary now for applying to
the purchase of stock only one-fourth of the
amount which would have been taken from
the treasury under that bill, in the way ol
denosites to the States.
'Well, sir, the banks suspended, I believe,
somewhere betweeg the 12th and 20th of
October, and the amount of stocks redeem
ed after the 12.h day of October, was only
$2212,513 31; an amount that was then on
its way to the office of the Secretary of the
Treasury for redemption. What was the
condition of the Treasury after this redemp
tion ? The Secretary had left in the Trea
sury §12.046,017 70, after all the stocks
had been redeemed that had been present
ed, and that he chose to redeem. You will
observe that tho ninth section of the act of
1853 provided, that the Secretary should re
serve §0,000, GUO in the Treasury; but, in
stead of reserving §3,000,000, he reserved
upwards cf §12.000,000 ; and he reserved
it upon the nrinciple that $’>,000,000 was
necessary to’carry on the current operations
of the Government, and that a like sum of
§6,000,000 was necessary for carrying on
i the coining operations at the Mint, to meet
the charges upon the Mint in the way of re
| turns for the bullion deposited there fur coin
age The Secretary, not content with stick
ing to the letter of the law requiring him to
hold §6,000,000, out of abundant caution
| had in the Treasury of the United States a
i sum beyond §12,000,000 to meet the con
i tingencies that might arise.
! Mow, sir, with this statement of the case,
j can it be pretended that the Secretary of the
j Treasury has gone beyond the line of bis
duty? IJere is the law lay mg down that
line of duty for him. He followed that law
except in regard to the amount to be retaiu
! ed iu the Treasury, and in that regard lie
projected the Treasury to the extent of $6,- i
UOOjOOO beyond what .Cougfe«s, in 1853,!
regarded as a sum sufficient for its protec
tion. It seems to me, then, that he ought
not to be complained of; but, on the con
trary, that be ought to be regared as having
par formed Lis duty, and performed it faith
fully, under the law given.to him for his
guidance. If you take the receipts and ex
penditures for the period of time commenc
ing in July last, and running down to the
present time, you will find how the revenue
has fallen off, and you will find that ip eon-,
firms the tables which I have heretofore pre-j
sented in regard to the amount of goods on
bond in the warehouses, as one of the cau
ses that have cut off this revenue. For the
week ending July 13, the receipts in the
Treasury were $3,701,**>53 11, while the ex
penditures were $2,700,942 48. It runs
on through the month of J nly never getting
below $2,059,000. In the month of Au
gust the average receipts pc; week were 01,
500,000. In the month of September the
revenue for the first week was $1,041,705
74, and on the 28th it had run down to
$600,257 14. In that descending scale you
will find the revenue reduced in proportion
as the market became more stringent from
the suspension of specie payment, and at
one time it ran down as low as $441,192 78.
There is another fact that appears 'from
this table, that for the last week receipts
; of the Treasury, from revenues, have in
creased upwards of $100,0.00. The receipts
for tli* week ending 7th December, wore
$562,473 81, and for the week ending 14th
: December, $676,903 67. I account for
: that increase in this-way : Here were arti
1 clcs that were imported to bo consumed in
! the approaching holidays. These articles
were required to be taken out of bond for
jihe purpose of bringing them into market,
I and it is the demand thus created that has
! run up the revenue at New York from
j $562,473 to $676,903 in the week that
closed the 14th of the present month. So
much, then, for these statistics!
But, say gentlemen on the other side,
J “We are opposed to Government paper 1110
j ney. We dislike the idea of making the
Government a great bank, and investing it
with the power aud authority to circulate
I 1
notes throughout tlie country,while the Pres- *
ident himself is di imuncing the bunking in- !
stituUo.n of the States.” Now, I maintain, j
in the first place, tie:! this bill, dec1, not cre
ate a bank. I thffik there is one fact which
clearly and conclusively settles that point.
How many of our friends on the cipher side, |
who have engaged in tliis discussion, are in
favor of a bank of the United States? Are
they not all for it V
M. LOVE JOY.' No, sir.
Sir. LETCHER. How many of you are
opposed to it /
Mv. LOCHJOl". Three-fourths.
Mr. FOSTER. It is an obsolete idea.
Mr. LETCHER. The gentleman says it
is an obsolete idea. Then, i suppose, the
gentlemen have embraced a new idea, and
• hey are now for a land-money currency.
Mr. FORTEC. Yes, sir
Mr. LETCHER. And yet, strange to
tell, the gentleman who ju. t closed his re
marks [Mr. Ar.iJOTT] woundup with u only- |
gy upon State banks , and my Friend from
Maryland, [Mr. Davis.] who spoke on Sat
urday, arraigned the President and Secre
tary of the Treasury for the suggestion of a j
bankrupt law, intended to be applied to the :
banks that ha ye suspended, or failed to re- j
deem their obligations ? Now, 1 cannot ex- ,
actly understand how it is that while gen- !
tlemcn are in favor of hard money, they are
yet disposed, whenever the question comes
up as a State measure, to rally to the stun-j
dard of the paper-money banks the several;
States of the Union, and insist that every
man shall stand with hands off, so far as !
they are yet concerned, although these banks
may bo r,t the time in a state of suspension. ;
refusing to pay their debts, while they are :
coercing payment from every man that Las
had the misfortune te berrovr a dollar from ;
them. j
Now, I profess to be as much a hard
money man as any one: and if the gentle
men can convince me that ilie issue of these
treasury notes—which 1 regard as nothing :
more than a means of effecting a loan—
leads me to the establishment of a govern
ment bank of any kind whatever, ! pledge'
myself to go against it . I do not g-t exactly ,
so far against banks as a distinguished pol
itician of my State—John Randolph—did
when he pronounced all banks “houses of ill
f.r.nr ”
But, while I do this, I think tluit the
banking system has been carried to a very
ruinous extent; and 1 have no hesitation in
saying now, that, if I were in the legisla
ture of my State at this crisis, I should go
for a divorce between bank and State, for
selling every dollar of Stock that the State
of Virginia has in banking institutions, and
for the collection of the revenue in gold and
What is the issue of treasury notes but a
! mere loan ? What else ja it? The tnonev
is to be raised. It is to be raised either by a
permanent loan or by this temporary expe
dient—the issue of treasury notes. Gen
tlemen say give us a loan. What do you
want with a loan ? Do yon want This to
be a permanent debt? Dou you want the
Secretary of the Treasury to say that what
he has regarded as a tvuij>omr>/ necessity
shall require the pcj"nauei;t medicine of a
loan for years? Do you want to couple
with this not only the loan itself and its per
manent establishment on the government
for years, but do you want also to create
the necessity for revising the tariff, and for
increasing the rates of duty ? hoy, sir, if
a loan is to bp established, if it is to go ;n as
part and parcel of the national debt, what
will be the next cry ? Do gentlemen want
any further indication than has been fur
uisJnW on this floor here by some gentlemen
who have addressed the House, and allit
| Jed to the tariff act of last session ? I lake
j it that this is, perhaps, one of tlm causes
of dissatisfaction with the Bn s.dent of the
United States on the part of seine of the
gentlemen who arc known to favor the doc
trine of protection for protection's sake.
The President, on the thirteenth page of
his message, says :
i ‘-As stated in the report of the Secreta
ry, the tariff of March o, UbT, Ins been in
| operation for so short a period of time, and
j under circumstances so unfavorable to a
just development of its results as a revenue
measure, that I should regard it as inexpe
dient, at least for the present, lo undertake
its revision.”
j.vjvr. ! take it that it. is that position, la- <
ken by the Secretary of the Treasury, am! '■
sustained by the President, that lias arou-i
sod a vast deal of the opposition of those '
known to be protective-tariff uien in this j
house against the introduction and adoption .•
of this measure. If the Secretary of the !
Treasury would come forward and propose j
a loan to run for eight, or ten. or fifteen j
year;, 1 doubt not that it would bo im re a
greeablo to the gentlemen on the oilier side
of the House than the temporary issue d'j
treasury notes, as proposed. Tt is not so to
me. I think this recommendation is pre
ferable to theirs. It i:j temporary only, and
is intended for nothing more. }p h not to
extend beyond the year. It is intended to
serve until the goods are withdrawn from
the warehouses and the duties received.—
But, srdd the distinguished gentleman from
Massachusetts, [Mr. Hanks,] I am opposed
to your proposition, because yen have no
provision there for funding this debt.—
Why does lie want it funded, unless lie
wants to make it permanent? What other
reason can there, be for providing that it
shall be funded than to give it the charac
ter of permanency and settled sm ability as
the policy of the government with regard to
the debt itself.
Hut Ictus see how the gentleman's idea is
going to work out. The gentleman has re
ferred to the act of 1847, authorising the
issue of treasury notes. Let m.e call his at
tention to the fact that the House was at
that time presided over by (he distinguish
ed gentleman, Mr. Winthrop, of Massa
chusetts, and that the House was an oppo
(sition Hou.se. But, sir, under the act of
18 IT, treasury notes were issued, some of
which are unredeemed to this day, and are
supposed to'fee lost. There are something
like $100,000 of them outstanding still.-—
During the past summer some of those
treasury notes have been presented at the
treasury, and, instead of being redeemed,
under the operation of that law, they were
funded; and, in some instances, in less than
: one week they were sent back to the trea
| sury, and the Government was compelled
j to pav the premium of sixteen dollars on
the $100.
Now, sir, if thoio bad been no law for
funding the debt, the Government would
not have been compelled to pay this premi
um of AAaen dollars, dint under the ope
ration of that provision, which the gentle
man wants to have incorporated into the
present hill, they had the right- to come in
there and have them funded, and then take
the premium. I know the gentleman from
Massachusetts does not desire to adopt a
policy w hi eh shall impose upon the Govern
ment an additional burden of sixteen dollars
on the > H>0, hut 1 call his attention to the
t’ict that he may have the opportunity of
meeting the point in regard to this feature
which he seeks \o ingraft upon the hill
now before us.
Mr. BANKS. If the gentleman from
Va. desires an answer now, S. will «uve it.
31r. LK it'HER. If the gentleman v. ill
not take too much of my time, I will y h Id
to him.
Mr RAN Kid. The proposition which 1
made, Mr. Chairman, with regard to this
bill as reported by the Committee of Way ■
and. Menus, are not answered by the sug
gestions of the gentleman from Vu. Them
is no uccersity, under the proposition 1 have
made, that the Government shall go into
market for the purptJC of buying up stock
at liftecn, twenty, or twenty-one per cent
premium. That is the objection which the
gentieman makes, ns I understand it. You
n. ;y limit the issue of stock to one, two or
three years—for as short a time as you
[ lease—and the Government will never ho
under the necessity of purchasing stock at a
premium. There are plenty of people who
desire nothing so much as a safe investment
for their funds, whether they he much or
little \ and therefore, if the stock of the lb
States be issued at six per cent, interest, it
will be taken up for one year, two years, or
three years, lust u3 gentlemen choose.—
There will then be no necessity for purchas
ing this stock at a premium.
if the gentleman asks whether the Secre
tary of the Treasury was justified in pay
ing a premium for the stock purchased in
the three years past, I answer that I think
he was justified. Rut I say to the gentle
man from b irginia that the Government of
this country ought never to have placed the
Secretary of the Treasury in a position
which obliged him to purchase stock at a
ruga premium. it was the iault ot ton
gross in not adopting the recommendations
of the late Administration. The adoption
of the course of policy recommended by the
Administration which has recently exnircd
would have relieved the Secretary of the
Treasury from the necessity of such pur
That Administration commenced with a
recommendation by Mr. Guthrie for then
vision of the tariff, for two purposes : foot,
to reduce the surplus money in the Treas
ury, and, second, to relieve the industrial
interests of the country from burdens im
posed by the previous policy of the Govern
ment. Congress did not act upon thrrt rec
ommendation. I am willing to relieve the
gentleman from Virginia from any respon
sibility for the course pursued. The gen
1 tie man advocated measures which if suc
jCessful, would have relieved, three vear:
since, the Treasury of its surplus. Jiat,
| sir, the Government did not adopt that pol
1 icy. Instead of revising the tariff laws, as
recommended by Mr. Guthrie iu 1853 and
! 1854, it devoted its entire energies to the
I settlement of those questions ir*. which the
j country has bi on involved, ever since the
' repeal of the Missouri compromise. It was
for that reason, because the energies of the
; country have, for the last four or live years,
been devoted exclusively to sectional ques
tions, that.the industrial interests of the
country have suffered. It was for that rea
son that the surplus in the Treasury was
permitted to accumulate as if did.
j Mow, sir, 1 say to tho gentleman, leave
: the question to its and wo vill relieve his
. IVienis of their difficulty. YTo will take tho
negro out of the Government and allow it
, to give its attention to this matter. 'Let
gentlemen give some attention to the iudu.
trial interests of the country for a few years.
; Give us a little legislation for tho benefit
| of white men, mid there will not again a
. surphm accumulate in the Treasury, such
1 as lias been there for the last four or tive
| years.
And lot rue say another word to the gen
tleman from Virginia, lie declaims against
the issue of paper-money upon the part of
the States, reechoing the sentiment of the
President unou this question. Now, sir,
1 do not stand hero to defend the paper
money system of the country as carried on
by the States. Oil the contrary, 1 desire
as earnestly as any man in this country, to
see a proper and judicious reform. Put f
take issue with the President and with the
gentleman from Virginia, if he follows the
lead of the President in this matter, in the.
assertion that the issue of paper money by
the States is the side cause of those commer
cial revulsions which have swept over tlm
country with ro terrible an eifect. But f
have to say that we cannot go to the people
of the States and ask b. m to forego their
privilege of issuing paper money when the
same Government which lie defends in the.
denunciation of that system have taken up
the business of issuing inconvertible paper
money, as proposed, by this bill. I ask the
gentleman from Virginia to allow us to ap
peal to the people of the States to rostriet.
their issues of paper money upon some sound
and judicious plan, by refusing to the Gov
ernment the power which they now ask of
issuing inconvertible paper money, without
any limit in respect to the time of redemp
tion'. or when its authority shall cease.
rdr. LE full MU. Mr. Chairman, the gen
tleman will soon bo i,i tne gubernatorial chair
of the State of Massachusetts,and I shall look
| with some interest to his first message,to see
what reforms he will recommend tor the
| banking system of that State. I trust he
; will recommend an alteration, as far as the
i banking spstem of his own State isconeern
i ed, and that that alteration will be radical;
I that his reforms will go to the bottom of the
I system.
I Mr. BANKS. If the gentleman desires
! rue to answer, I will answer now. Where
( ever I am, [ shall advocate, and, as far as
i L have the power, sustain, every judicious ;
; or, if the gentleman pleas,«—radical re
form, in the banking system. But, L re
peat again, that if I go to Massachusetts
and ask thorn to restrict their issues, I shall
be met by every banker in the State with
r; iu luded on fourth poye.]

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