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been convenient, and had conduced to the success of the negotiation, to offer in Holland to contract a loan for fourteen million dollars, without the unnecessary, and to foreigners probably the confusing, statement that the authority for borrowing that amount was derived from two separate acts of Congress. It was only in this borrowing of the money that there was any seeming disregard of the letter of the law. The loans and their purposes were kept entirely distinct in the accounts of the department. Other questions touching the management of these loans were so clearly and frankly explained that nothing but the captiousness of party could refuse to be satisfied. On one point--the charge of an alleged deficit--the opposition was absolutely silenced. The secretary indignantly explained that the sum--as anybody could have known for the asking from any officer in the Treasury Department--which was made to appear as missing was in credits for customs bonds not yet due, and bills of exchange on Europe sold but not yet paid for. Though there was enough of decency, or of prudence which took the place of decency, to drop the insinuation that the secretary had stolen what had never been in his possession, it was not so with the rest of the accusations. Only four days before Congress was to adjourn, Giles offered another set of resolutions. These assumed that the defiance of law and unwarranted assumption of power, which, at first, were only suggested by the inquiries, were now proved to be true by the explanations that had been given. The indictment, therefore, was made to include the verdict and the sentence; the criminal was accused, was to be found guilty, and condemned to capital punishment in one proceeding, without the privilege of trial, or a recognition of the right to be heard. The argument of the resolutions was, that certain acts were a violation of law; that the secretary had committed all those acts; and therefore it was the will of the House that the facts be reported to the President. The presumption obviously was, that the President would immediately dismiss from office a disgraced and faithless public servant. But the prosecution was an utter failure. The largest vote received for any of the resolutions was only fifteen; that on the others was from seven to twelve, in a quorum of from fifty to sixty members. In the course of the debate Mr. Madison had said that "his colleague [Giles] had rendered a service high
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