That the Treasurer and Receiver-General of the Commonwealth be and hereby is authorized to guarantee, upon the request of the Secretary of the Treasury of the United States, the treasury bonds of the United States to the amount of $2,000,000, on such conditions as shall be agreed upon by the Secretary of the Treasury of the United States, and the Governor and Council of this Commonwealth.Mr. Boynton, of Worcester, thought the passage of the bill would indicate that the credit of the United States is not good, and we must indorse it to make it good. He did not think it necessary to take such a step before it is called for. He thought it was ‘a Union-saving’ movement, and would do more to our discredit than to the good of the country. Mr. Hardy said it was not only a movement in behalf of the
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of the State of Georgia, adopted by a convention of the people of that State, and forwarded to Governor Andrew by George W. Crawford, president of that convention.
After some debate, it was voted to print the message of Governor Andrew and the resolutions from the two States, but not to further notice the Secession Ordinance.
A debate then arose upon passing the bill for Massachusetts to indorse the notes of the United States to the amount of our indebtedness on account of the surplus revenue, which, after debate, was rejected,—yeas 14, nays 19.
The reason for rejecting the bill was stated by Mr. Hardy, of Norfolk.
‘He did not like to have it put on record that old Massachusetts came to the Federal Government in the hour of distress, and said that she would loan her all she owed, and no more.
He was in favor of giving all that the Government needed, as far as it was possible,—two, three, or four millions.’
Same day, in the House, the bill to increase the militia was further debated, and a substitute for the whole bill, offered by Mr. Banfield, of West Roxbury, was adopted, and passed to a third reading by a vote of 116 to 40.
This bill, however, did not become a law.
Jan. 30. In Senate.—On motion of Mr. Hardy, of Norfolk, the bill in relation to loaning the State credit to the United States, which was rejected yesterday, was reconsidered; and he offered a new proposition, as follows:—
1868. E. P. DUtton and Co. Boston,.
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