The bill having passed the house, the other authorizing a loan of $25,000,000 and a reissue of treasury notes to the amount of $10,000,000, came up. The expenditures for the coming year were estimated at $45,000,000, to meet which the ordinary means of revenue were wholly insufficient. A violent and bitter debate arose on its presentation, which lasted three weeks. Regarded as so much money appropriated to the conquest of Canada, it met with the determined hostility of the opponents of the war. Mr. Eppes defended his bill, and went into a long and statistical account of the revenue and expenditures of the nation--showed how she could easily, in time of peace, pay off every dollar she might owe--estimated the value of the land and produce and capital of the country, and proved, as he deemed satisfactorily, that the loan combined "all the advantages of safety, profit, and a command at will of the capital invested." The long debate upon it had little to do with the bill itself, but swept the whole range of politics for the last four or five years. The history of the war was gone over--orders in council, and Berlin and Milan decrees revived with fresh vigor--the influence of Bonaparte in our councils, though now struggling for life, was charged anew on the administration. Personalities were indulged in, and the most absurd accusations made by men, who on other subjects, exhibited sound judgment and able statesmanship. Mr. Pitkin spoke a part of two days, making a frightful exhibit of expenses, and denounced the war in Canada. Pickering, with his large, powerful frame and Roman features, not belying the fearless character of the man, came down on the administration with all the power, backed by the most unquenchable hatred he was master of. A distinguished man in the Revolution, he had from that time occupied a prominent place in the political history of his country. A "Pharisee of the Pharisees" in the Essex Junto, he cherished all the intense hatred of that branch of the Federalists for the war and its supporters. Built on a grand scale, yet with a heart hard as iron towards a foe, fierce and bold, denouncing his old friend and patron, John Adams, because he did not hate France as cordially as he thought every good Christian should, having no sympathy with Washington's quiet and non-committal character, he looked upon Bonaparte and our war and its supporters, as the most monstrous births of the age. His indignation at their existence was only exceeded by his wonder that heaven, in its just wrath, did not quench all together. Probably the administration had not such a sincere and honest hater in the whole Federalist ranks. He was an honest man and possessed of most noble traits, but his feelings obscured his judgment when speaking of the war, and he gave utterance to the most extraordinary and absurd assertions. In this speech he wandered over the whole field--took bold and decided ground--advocated openly the