Abridgment of the Debates of Congress, from 1789 to 1856, Vol. 1 (of 16)United States. Congress
History
Abridgment of the Debates of Congress, from 1789 to 1856, Vol. 1 (of 16)
United States. Congress
Law -- United States; United States -- Politics and government
Mr. FITZSIMONS.--For want of a proper knowledge of the true situation of
our affairs, we are unable to determine how far the present provision is
equal to the necessities of the Union, and this circumstance will tend
to add considerably to our embarrassment in limiting the duration. If we
make the time too short to supply the public wants, we shall not hold
out to the public creditors a sufficient security for the punctual
payment of their debts. If we should want to raise money by a loan, we
could only expect it according to the duration of the fund: this makes
the present motion a subject of serious consideration. Not that I object
to what the gentleman has in contemplation, but I wish such language to
be used, that shall designate the continuation of the law to be till the
wants are supplied and thereafter cease. I am not of opinion that it
should be for half a century, because I hope our national debt will be
extinguished in much less time; but really I must confess, at this
moment, I feel considerable embarrassment in determining in my mind the
period for which it should exist, whether an enumerated term of years,
or a general declaration during the continuance of the public wants.
Mr. LEE thought the operation of the law could not be well understood;
that it was a system of experiment, and ought to be temporary, in order
that a future Congress might make such amendments as time should
discover to be necessary. How perfect soever the theory might appear,
practice might prove it otherwise; he therefore wished its operation
limited for three or five years. He thought it would be wise in the
House to adopt the motion, in order to prevent any injustice which a
permanent and imperfect regulation might have on posterity. He expected
this would beget confidence in the Government, which was to him a very
desirable object.
Mr. WHITE.--The constitution having authorized the House of
Representatives alone to originate money bills, places an important
trust in our hands, which, as their protectors, we ought not to part
with. I do not mean to imply that the Senate are less to be trusted than
this House; but the constitution, no doubt for wise purposes, has given
the immediate Representatives of the People a control over the whole
Government in this particular, which for their interest they ought not
to let out of their hands. Besides, the constitution says further, that
no appropriation shall be for a longer term than two years, which of
consequence limits the duration of the revenue law to that period; when,
if it is found conducive to the public welfare, it may be continued by
the legislators appointed by the people, and who alone are authorized to
declare upon this question in the first instance.
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