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. MADISON, for the sake of accommodation, would make another
proposition. He was extremely sorry to differ with gentlemen about
modes, when their object appeared to be the same. He thought the spirit
of the constitution and the structure of the Government rendered it
improper to pass a perpetual revenue law. The arguments had been clear
on this point; but as there was an evident propriety in making the means
commensurate to the occasion, he was inclined to give the bill such a
perpetuity as would answer the purpose of providing for the public debt
and restoring the national credit. He thought this might be done by
modifying his motion so as to refer to the collection bill; for he
hoped, before that passed, the House would be able to ascertain the
appropriation, and could limit it accordingly. The words he would
propose were, that this act should not continue and be in force longer
than the ---- day of ----, unless otherwise limited by the act providing
for the appropriation. As he had heard it intimated that the yeas and
nays would be called on this question, he was desirous of rendering the
clause as satisfactory as possible.
Mr. AMES could not bear to lie under the imputation of inconsistency,
with which he was charged, inasmuch as he contended against the
limitation of a bill he had opposed as oppressive in some of its parts.
He believed the amendment now offered was new to almost every gentleman.
For his part, he had always supposed it was intended as a permanent
system. He remembered many gentlemen made use of this expression,
through the various debates which had taken place in the several stages
of the bill. He had understood it in this light, and had therefore
combated, with some degree of energy, such parts as appeared to him
impolitic or unjust. He imagined the gentlemen on both sides had labored
to make the bill as perfect as possible, with a view of making an
equitable provision for the public exigencies, which should affect all
parts of the Union with the greatest degree of impartiality.
Mr. SHERMAN observed, that when Congress applied to the several States
for the five per cent. impost, they judged it would enable them to
extinguish the national debt in twenty-five years; but, in addition to
this fund, they expected to make annual requisitions on the States, for
one and a half million of dollars at least; so that gentlemen could not
expect the whole to be paid by this single fund in a short time. He
wished a limitation to the law in general terms, such as until the debt,
foreign and domestic, is discharged. He thought a short term would made
an unfavorable impression upon the minds of the public creditors, and
tend in a great measure to cloud the happy prospects that began to
brighten the political hemisphere of this country.
Mr. GERRY expressed an intention of calling the yeas and nays if he was
supported, because he thought it a question in which the essential
interests of the people were deeply involved.
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