Charles Sumner: his complete works, volume 08 (of 20)Sumner, Charles
History
Charles Sumner: his complete works, volume 08 (of 20)
Sumner, Charles
Slavery -- United States; Speeches, addresses, etc., American
“And such notes herein authorized, and the notes authorized
by the Act of July 17, 1861, shall be receivable in payment
of all public dues and demands of every description, and of
all claims and demands against the United States of every
kind whatsoever, except for interest upon bonds and notes,
which shall be paid in coin, _and shall also be lawful
money and a legal tender in payment of all debts, public
and private, within the United States, except interest as
aforesaid_.”
Mr. Collamer stated that some desired him to try the sense of
the Senate on the question of private debts, but he preferred
the above amendment, “that these notes shall not be tenderable
upon any debts due by the Government or by individuals.” On
this proposition he had already made an elaborate speech.
Mr. Fessenden also spoke elaborately upon the whole bill;
but he characterized the legal tender clause as “the main
question.” Here he said:--
“The question, then, is, Does the necessity exist?… If the
necessity exists, I have no hesitation upon the subject,
and shall have none. If there is nothing left for us to do
but that, and that will effect the object, I am perfectly
willing to do that.”
Mr. Sumner spoke last in the debate, and at least one Senator
acknowledged that on the question of constitutional power he
had been changed by this speech. The vote was then taken on the
amendment, and resulted, yeas 17, nays 22.
So the motion to strike out the legal tender clause was
rejected.
Mr. Doolittle moved an amendment so as to make the notes “a
legal tender in payment of all public debts, and all private
debts hereafter contracted within the United States,” which was
rejected without a division.
Mr. King also moved a comprehensive amendment, which likewise
struck out the legal tender clause; but it was rejected without
a division.
The bill was then passed, yeas 30, nays 7.
MR. PRESIDENT,--I am sorry to ask the attention of the Senate at this
late hour; but the importance of the question must be my apology.
Public-domain text, read in full here on John Shaqi.
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