.. t.«.;,,,_._',,,_‘__‘_‘,_,...i.,..
Militia-_-Messrs.
of Tennessee, Holt. Hammond, Pratt, Hunter, day.
of Virginia, lialstcad, and Allen, of Ohio. _
Naval Affairs-Messrs. Iaghum._ ititlltgalb
Read, VVjsc, Grontland. Moore. Richardson.
Paynter, and \Villinms, ofNow Hampshire. _
Fm-eign Affuirs,—Messrs_. Howard, Harmer,
Cashing, Jackson, of Georgia, Dramgoole, Ren-
cher, Pope, Claiborne, and Fillrfi“ld- ,
'1‘crritories—-.\Iessrs. Patton, Potts. Plckells»
Pearce Bordon, Graves, Davee, Jones of New
York, and Farrtngt.on.
Revolutionary Pensions--Messrs. l\Iot'_g8tn.
Klingensmitb, Bond, Fry. Johnson, of Vjrgtrna.
Sibley, Ewing, Gray, and Loomts, of‘ Olt10_-
Invalid Pensions——Mr-,ssrs. Taylor, \VIlll:lIU3-
of Kentucky, Allen, of Vermont, i\'lcC|cllan, of
New York. Petriken Stuart, Herrod, Retly. and
Stanle .
Roads and Canals—-Messrs. Mercer, Evaflns.
McKennan, Snyder, \Vhite. of Kentucky. B ll,
more, Johnson. of Maryland. Btcknell, and
Wliite, of Indiana. '
Revis ll ofunfinishcd business--.\lcssrs. Ma-
son, of Ohio, Noble, Southgate. Henry. and
Peck. ,. . .
Accounts--.\Iessrs. Johnson, of trgfplit.
Grant, McClure, C. Shepard. of N. Carouua,
anti Johnson, of Maryland.
Expenditure of the Department of Statc——
Messrs. M. Morris, of Pennsylvania, Jacks“!!-
of New York, Shepler. York, and A.ntlret,w"s.
Expentlitures ofthe Department of the lrcas-
nrV——,\Iessrs. Allen. of Vermont, Sltcllch
Aycrigg. Gray. and Halsey-
Expcnditures of the \Var Department»-
Mos:-rs. Brodhcad. Maxwell, Goodc. Edwards,
and Graham. of Indiana.
Expenditures of the Post Office Departmcut—-
Messrs. Childs, Dennis, Hawes, Gallup. and
Plumcr.
Expenditures of the Public Buildings.-
.\'Iessrs. Sawyer, Cranston. Mcnifce, Dunn, and
Ridgcway.
Mr. Biddle called up the resolution lmrett.-f‘or.—
tfiered by him, requning information in regard
o the order for the paymentof members of Con-
agrees in specie. ' _
Mr. McKay stated that the order was in pur-
nuance of express law ; and that no public
creditor was obliged to receive any thing but
specie or its equivalent. _ _
The amendment of Mr. Robertson, of Vir-
ginia. was agreed t3, and the resolution, as
amended. was adopted.
Mr. Bell offered a resolution calling upm the
Secretary of the Treasury for a statement ofthe
existing engagements of the Treasury. and of
the objects of expenditure, which can be dis-
psnsed with. Agreed to.
Prttzstot-:N'r‘s urzssxorz.
On motion of Mr. Cambreleng. the House
resolved itselfiuto a committee ofthe \Vhole on
the President's Message: and, on his motion, so
much of the message as relates to a bankrupt. act
was referred to the committee on the Judiciary;
and so much as relates to the Finances was re-
ferred to the committee of VVays and Means.
The committee rose. and Mr. Cambreleng
moved to refer so much ofthe report ofthe Sec-
retary ofthe Treasury as relates to the Finances.
to the committee on VVays and Means.
Mr. Ewing. of lndiana, moved a Select Com-
mittee, with power to inquire into the proceed-
ings of the government by which the public
ombarrassments had been prolonged and in-
creased. Lost.
The motion of Mr. Cambrelcng was agreed
to.
Mr. Smith, of Me. ofiiareil a resolution. direct-
ing that no business, to which the attention of
Congress was not called by the message. should
be taken up.
Mr. \Vhittlesey. of Ohio, opposed the motion,
and a desultory discussion arose as to the course
of action to be pursued during the session. and in
regard to the objects of legislation proposed by
the President. Messrs. Smith, Bell. Cambre-
leng, Wise, Cushing, Duncan, and Boon took
part in the debate. -
The motion to postpone was rejected, and the
resolution was agreed to by a large majority.
Adjourned.
Tuesday. September 12.
In Senate Mr. McKean and Mr. Buchanan
presented memorials or remoustrances from citi-
zens of Pennsylvania against the admission of
Texas into the Union.
On motion of Mr. Linn, it was ordered that a
joint committee on the Library be appointed
A resolution offered by Mr. King of Alabama,
relative to the change of the time of holding
courts in Alabama, was taken up, considered,
and agreed to.
A resolution offered by Mr. Clay of Alabama.
relative to achange in the jurisdiction of the
courts of Alabama. was taken up, for considera-
tion. The resolution was amended, on motion
of Mr. Sevier, and was adopted.
Postponement of Distribution Bill.
T-he bill to postpone the transfer ofthe fourth
instalmhnt ofthe surplus revenue was taken up.
On the uestion ofthe second reading,
Mr. right explained, that he had proposed
to make a further report to-day from the Com-
mittee ouFinance, but owingto the absence of
two ofthe members. one being detained at home
by sickness. and another called out of town, the
committee was not full, and they had found more
difficulty in arranging the business than they
had anticipated. He would be prepared how-
ever, to report fully on Thursday.
Mr. Calhoun suggested. underthe circumstan-
ces, the propriety of postponing t.he-consideration
ofthe bill until to-morrow.
Mr \Vright said he did not wish to press it at
present. ‘
Mr. Preston said, that if the Senator from
Massachusetts (Mr. Webster) was sick, and as
he had intimated a wish to be heard on the sub-
'e-:t, it would be proper to postpone the bill.
The bill wasthen read asecond time and post-
poned till to-morrow.
On motion of Mr. Buchanan. the Senate pro
eeeded to the consideration of Executive business,
and after the doors were re-opened.
The Senate adjourned
In the House Mr. Cambreleng. from the Com-
mittce on Ways and Means, reported a bill to
postpone the fourth inslalmeut of deposite with
the states. ['l‘his bill is similar to the bill of the
Senate, reported yesterday by Mr. Wright.]
Mr. C. was understood to say. that this was
the only bill on which the cmnrnitlce had been
yet able to agree to, but that they would proba-
bly report two other bills to-morrow morning.
And on motion of Mr. C., the bill was referred
to the committee ofthe whole House on the state
of the Union.
By leave, Mr. C. Johnson, of Maryland. pre-
sented a memorial from sundry citizens ofthat
state, with a plan for a national currency, &c..
and praying the consideration of the House to
the same.
On motion of Mr. .I., this memorial, together
with another presented on a similar subject, was
referred to the Committee on Ways and Means,
and wasordered to be printed.
V The Rev. Mr. Tuston was elected chaplain to
the House.
Mr. Johnson, ofLouisana, by 1 cave, present-
ed a memorial from the Chamber of Commerce
ofthe City of New Orleans praying the estab-
lishment ofa national bank. Referred to the
Committee on \Vays and Means, and ordered
to be printed.
Relations with Mexico.
By goteral consent, M r. J. Q.Atlatns subtnit-
r
Glascock, Wagencr, Carter, ted the following resolution, which lies over one
Resolved, That the President ‘of the United
States he requested to communicate to tnis
House. so far as it may be consistent with the
' public interest. all the correspondence betwt en
the Goverum'ent ofthe United States and that of
‘Mexico, concerning the boundary between them ;
and particularly concerning any proposition for
a session ofterritory, belonging to the Mexican
confederation, to the United States; and also all
correspondence relating thereto. bet ween the De-
partment of State andthc Diplomatic Repre-
sentatives ofthe Unite-d SiZllt‘S in Mexico. and 0f
the said Department with those ofthe .‘+Iexican
Republic accredited to the Government of the
United States.
Terrts.
By consent, Mr. Adams also submitted the
following resolution, which lies over one day :-
Resolvetl. That the President ofthe United
States he requested to com municnte to this House
whether any proposition has been made on the
part ofthe Republic ol'Texas to the govcrumcnl
ofthe United States for the annexation of the
aaid Republic of Texas to this Union: and if
sttcl) proposition has been made, 2 hat answer
has been returned. and all the correspondence
relating thereto.
North Eastern Boun-dary.
By consent. Mr. Adams also submitted the
following resolution. whit.-b lies over one day.
Resolved, That the President ofthe United
States he requested to communicate to this
House, so far as the public interests will permit.
the correspondence between the government of
the United States and that ofGreat Britain. rein-
tiug to the North Eastern Boundary of the U. 8.
since the tnessage of the late President to the
Senate ofthe U. States ofthc 15th June. 1835.
On motion of Mr. Hayne. at an early hour.
the House adjourned.
I-Vedncszlay, September 13.
In Scuatc, Mr. \Vright. from the comtnittee
in finances,,reportcd tbrce b.lls, of which the fol-
sowiug are the titles:
“A billfor adjusting the remaining claims
upon the late Deposite Bzmks.”
“ A bill authorising a further postponement of
payment upon duty bond.-:."
" A bill to authorize the issuing of treasury
notes." Thes bills were read a first time by
their titles. and all ordered to a second reading
to-morrow. ,
Mr. VVright said he would make a final re
port on the subjects submitted to the committees
to-morrow; and,
On motion of Mr. Calhoun, the consideration
ofthe bill topostpoue the October instalment of
the tleposites. was post potted till to-morrow.
In the House, the chair announced that he
would nowcall on the states and territories in
their order for petitions; as he did not suppose
that the rule confining the attention ofthe House
to the special objects ofthe session was meant to
interfere with the right of petition.
Memorials and pclltintls were then ofi‘ered.
Mr. Adams presented a petition from the legal
representatives of R.)l)el‘l. Fulton, praying for
certain allowances and moved its rcfernecc to the
conuuiueeofclaims, but at the suggestion ofthe
.‘>‘pr=..aker. who said the rule directed all the ordi-
nary miscellaneous business should be postpon-
cd, Mr. Adams agreed that it should be laid on
the table.
Jlfetalic Currency.
Mr. Adatns presented a petition from Mr.
Fcutclitvanger, containing a proposition for fur
nishing the United States with a mctaliccurrer.-
cy, which was referred to the committee ofways
and means. (This person is a manufacturer of
American silver composition—-German silver.)
Mr. Slade presented a memorial in reference
to the currency. praying for the establishment of
a national bank.
M r. Bronson, of New York. presented a me-
morial on the same subjet-t—both were referred
to the Committee of \Vays and Means.
tage ofthe nation.
Memorials on the same subject were present-
ed from Pennsylvania. Kentucky, Tennessee.
Mississippi, antl Illinois, and were all referred to
the Committee of \Vays and Means.
Memorials we-rt-. presented for the admission
of Texas into the Union. and laid on the table.
The Cztrrcncy
Mi . Cambreleng, from the Committee of W'ays
and Megns. repported " A bill to authorise the
issuiog ofTreasury notes." On motion of Mr.
Catnbrcleug, it was referred to a Committee of
the \Vhole, and ordered to be printed.
Rutesfrom the Government oft/tc IIouse.
Mr. Mercer, of virginia. from the Select Com-
rnittec on the rules. made it report in part, and
moved that it be math-. the special order of lhe
day forto morrow. It was so or-«lo-retl.
Ilfr. Adonis Rcsolutiorzs ofInq-uirr/.
The resolutions t)l'Ii‘l'€tl by M r. Ada rns yester-
day, calling on the Prcsitlcrtt fin certain infor-
mation and corrcspamlenrec, were taken up ; and
the first having been rcad——
Mr. Adams said he cxpectetl no opposition to
the resolution. and unless some resistance was
:n-Ade, he would only ask for it silent vote on the
adoption of it.
Mr Howard said ifthe object was to obtain
information to be acted on at the next session. he
would not oppose the resolution.
Mr. Adams said his object was to obtain the
information alluded to. in order to have it print-
ed for the use of the House. and for the advan-
The resolution was adopted
The second resolution. relative to Texas. hav-
ing been read, Mr. \Vise said that he would vote
against it because the C()l‘l'?Sfl()lltlL“l'l(.'f3 between
this government and the ttulltorilics of 'I‘cxa.s, he
was well infortned, was not in a fit state for pub-
lication.
Mr. Haynes of Ga. hoped M r. Adams would
insert the usual restriction. leaving it to the dis-
cretion ofthe President, to witlzhold any infor-
mation he may deem detrimental tothe public
interest.
M r. Adams gave his reasons for not making
the usual restriction. Mr. Admns said he cou-
sidcrcd the proposition unconstitutional, which
neither the ljxecutive nor Congress had auv right
to receive or consider. It was uuprecedefited tn
the annals ofthe wurld—nothing like it had ever
.:currcd. /
It is not a case. said Mr. A., of n cession of
territory ; but of a whole people asking to enjoy
the rights and pri9ilcges of American citizens.
The republic of Texas cannot be coded to us
without a direct agreement between her people,
and those ofthis Union.
The constitution of Texas gives no authoritv
for any such proposition. The President ofthe
United States has no powerto receive it.
The Congress of the United States has no
such authority. And because 1 do not consider
it possible that the President ofthe United States
could deem it incompatible with the public inter-
est to give the information called fbr, I did not
make the usual restriction.
I demand to know whatsecrct arrangement is
going on. A majority ofthe people of-the U. S.
would rather the Union should be broken up
than consent to the admission of Texas.
Mr. Haynes of Georgia, rillcreiiiit n amend-
ment for making the usual restriction to the
words. “ifuotincbmpatible with the public in-
terest.”
Mr. Thompson opposed both the resolution
and amendment, and moved to lay thetn on the
table,
After some remarks from Mr. Pickens, in op-
position the question was taken on laying upon
fulmcrs.
the table and decided in the negative. Ayes 74
-—Nays 194.
’ Thursday, September 1-1. ,
In the Senate, Mr. Buchanan presented re-
moustracnces against the annexation of Texas
to the United States, from the city and county
ofPhiludelphia. Laid on the table.
Mr. \Vebster said he had also received reman-
strunces from %'IaSSZ]Cl’lt2ts'(’.llS similar in their
character. which he slt'JUl(l not present until
some specific propositions on the subject should
be before the Senate.
Mr. \Vrigln, from the Committee on Finance.
reported,
A Bill to authorise thedepositc ofcertui! goods,
wares and merchandise in the public stores.
A Bill imposing additional duties as deposito-
ricsofthe public money on certain ollit:ers.—
(This is the new SubTrcasury plan.)
A Bill to revoke the Charters of all Banks in
the District ofColumba which shall not resume
specie payments. and to suppress the circulation
ofsmall notes in the District of Columbia, all of
which were ordered to a second reading.
Mr. Rives said it appeared to be the wish of
many Senators not to act on any one ofthe mea-
sures until the whole should be before the Scu-
ate. It appeared to him that one ofthe most
important objects which was recommended by
the Executive, a Bill to designate the funds in
which the revenue should be collr-t-ted, had not
been bro-.;ght forward as yet by the Committee.
He therefore would move an adjournment until
Monday, to give time to the Chairman to make
his final report.
Mr. \Vright replied that he had reported all
the hills which they proposed to report during the
present scsiou. As to the measure in que:-tion.
he was ofopiuion, and the Comroiuee concurred
with him, that it might be left over till the next
session. .
M r. Rives said with a view to obtain the time
he wished to prepare his own mind. and to look
into these measures. now that he uttdcrstootl the
principal one was abandoned. he would move
that when the Senate adjourns it adjourn to meet
on Monday, intending to follow that with a mo-
tion to adjourn.
Mr. Niles made a few remarks against the
motion to adjourn over, which he iutitnatcd was
for the purpose of private consultation.
Mr. \Vrigt disclaimer] any desire to press these
bills prematurely or hastily on the Senate.
He was instructed to say that the Committee
ha ' now reported all the bills they proposed to
report unless they received contrary instructions
from the Senate. These measures had been
well discussed in Committees, and it was neces-
sary for the Treasury that two or three of them
should be acted on as speedily as possible. He
hoped therefore that he should be excused from
the imputation of doing any thing uucourteous.
when he stated the necessity for immediately
acting on these bills. He would now leavethem
to be disposed ofat the pleasure of the Senate.
Mr. Rives said the Committee uad an advan-
tage not possessetl by any other members ofthe
Senate, and he now merely asked the usual
parliamentary courtesy of being allowed time to
make up his mind. The objects ofhis constitu-
ents was not so much to have relieffor the Gov-
ernmentas to obtain relicfforthc Country. He
saw nothing in any one of the measures which
had been reported calculated to give reliefto the
Country. It was forthat puporse he camchere,
and not to registcrtbc edicts of the Exgcmive,
He wishetl to see the only remedy applied which
could be placed in an erect position, and that
wasthc restoration ofconfidcuce.
Mr. Calhoun said,ofall the scenes through
which the country had passed in the last twenty
five years. this was the most trying. He come
here with a determination to do his duty at eve-
ry sacrifice of a personal character.
At the suggestion ofblt‘. ‘.Vebster, Mr. R-ivcs,
withdrew his motion.
The bill to postpone the transfer ofthe -1th
’.ustalment ofthe surplus revenue, was then call-
ed up {hr consideration.
Mr. '\Vebster took a brief but comprehensive
view ofthe evils under which the country is now
sttlfcring. and the remedy which seemed to be
called for, the principal of which was a safe me-
dium by which the regulation of the currency
could be efiectezl. He did think that the mens-
ures proposcd looked to the true remedy. He
approved ofthe manly and independent manner
in which the President had expressed his views;
and compared the seven heads under which
the Executive remedies are ranged, to the
seven vials in scripture. All the vials of
the Executive however, were fillcd with
medicine. not for the people but for the govern»-
ment. The only safe and sullicient medium of
currency must be in some way superintended
by the government, orcounected with it in some
way. he could not now say what. The States
could ‘not eststlish a regular. currency beyond
the reach offluctuation. It was said by some
ofthe presses that the government had nothing
todo with domestic exchanges. He thought
otherwise. He considcretl it to bethe duty of
the government to regulate domestic excltange.
England had done tbusadruirably, and by means
not perhaps within our reach. He would not go
into the argument whether the duty of govern-
mentextcude-.‘l to the es_tablishment ofa medium
ofrcgulatiug the currency at present. Every
man must make up his own views on the sub-
ject, and the circumstances ofthe times are like.y
toquickeu men's attention toit. But this question
must be settled, before we can expect. to have a
well regulated currency. "
He then took a view of that part of the mes-
sage which recommends a postponement of the
action of the deposit law, by withholding for the
present the payment ofthe 4th instalment ofthe
Surplus Revenue. He recited the provisions of
the law. and the action of the States by which
they agreed to become the depositories of the
Government under the provisions of the law.—
He did not say that these constituted a contract,
but a private transaction; it would assume that
character under this law. Mauv of the States
had made arrangements by which they had an-
ticipatcdthe variousinstalments; and be thought
the provisions ofthe law ought to be carried out,
and that we ought to look to other sources to re-
medy the deliciency in the Treasury. The
postponement of the transfer of the fourth in-
stalment would cause the unsettling of many
contracts, and disappoint many arrangements.-
This bill now. standing alone, is a tuere brutum
It does not put a dollar in the Treasu-
ry. The Secrctary must have his collateral aid,
and that is the Treasury notes, which be consid-
ers money in the Treasury. with or without this
bill. It was true he might not have enough, but
he could extend the issues. The Secretary pro-
poses his collateral Treasury notes; and he was
obliged to the majority of the Committee on Fi-
nance for not sanctioning the issue of Treasury
Notes which the President and Secretary of the
Treasury recommended. 'Pl|ey ref,-ommended
Treasury Notes not bearing interest, in small
sums as low as twenty dollars, and redeemable
at no specific period. If that was not a recom-
mendation to issue the old Continental Currency
over again, he did not [mow what was. The
genius of the old consolidation could not have gi-
vcn us a better model of a Continental Curren-
cy The old constitutional currency is thus
brought out. in the fifth year of the experiment
to reform the currency. If we reject the bill.
,would it lead to an extension of the issues of
Preasury notes beyond what was first intended?
He thought it did not follow that this would be
necessary. Might there not be anangentents
made, in cities where there are large deposites in
the State Banks, by which the States might be
accommodated by the Banks. and receive their
instalment in funds available to them, but not
available to the General Government.
The President said he refrained from recom-
mending any measure concerning the Exchang-
es. because hethought it did not comewithin the
constitutional power of Congress. Yet a meas-
ure in relation to the currency is recommended,
which exceeds in its severity any measures ever
recommended it]_.a'flijl§(?5llnlry. The President,
to relieve us froti “"' T’ ‘f a depreciated pa-
j)e’r;,;_t.fg,rrcncy,:’propbse; lb ut all the banks of
tl'ie”’="s’tates ‘in a C0n(lll_l_Oll}’()f bankruptcy, He
then defined the tcrnrbiaitiltruptzy as it is found
in"the English code, to show the impractica-
bility of thi_!rrecommendation. and its useless-
ness if practicable. His opinion was in opposi-
tion to.llu’i't?-‘inf the President. and he looked on
this as one of the strongest, the most violent
modes‘ of carrying out known duties that had
ever been proposed in the history of our country.
The duty of action is now upon us, and if gen-
tlemen find an unconqucrable objection to the
old medium of regulating the currency. it was
their duty to find a substitute as efficacious and
available to put in its place.
Mr. \Vright made some observations, partly
in explanation of the course of the committee,
and partly in reply. The Treasury was about
:o be left without mcans—an instalment of up-
wards of nine millions was to be paid to the
States: under the law, and it was thought the
most advisable course to suspend the payment of
his instalment. On the first of September there
was but eight millions in the Treasury subject
to draft. being a stun inadequate to meet the de-
mand of the States for this fourth instalment,
and this sum to be reduced by the amount to be
withdrawn during the month ofSeptctnbct. He
was not iusensible to the inconveniences which
would result from the postponement ofthetrans-
for. even to his own State : but he felt that he
had a duty to perform paramount to every'other
consideration. The_ view of the perspective
means ofthe Treasury were also taken into con-
sideration; and the bill giving indulgence on
duty bonds was considered indispensable. Any
attempt to enforce them would end in disappoint-
ment. and the committee had postponed to the
shortest practicable period. The only question
was. if we should withltold the payment ofthe
instalmcnt. or borrow money to make the traits-
fcrs, which he did not consider a legititnate. ob-
ject of loans. The observation of the Senator
"from Massachusetts, that the issue of Treasury
notes ought to be increased, drew from Mr.
\Vright a _remark. that he only desired to borrow
what was indispensablc. He read an extract
from the Act of 1815, to shew that the Treasury
notes issued then, corresponded with the re-
cotnmendation ofthe President and Secretary.
notes now to be issued. He replied also to that
part ofthe argument of Mr. \Vebster, in which
he remarked on the recotnmcntlntions of the
President in saying that he refrained frotn re-
commending measures in reference to the ex-
changes. is not coming \\ ithin the constitutional
power of Congress, and thus recommending a
bankrupt law.
Mr. Webster said a few words in reference to
the proposition of the Senator front l\.lZ‘W’-y’0fll1
that the question was whetht=r ‘ave should nns_t_-
DOUC llle instalment, “if borrow money to lehd to
the States which he refutcd. He then referred
to the condition of the country during the war.
and to the measures rcsortcd to at that time.
rneasures, which now in a time of peace, we
should be slow to do. He illustrated this idea;
and appealed to the Senator from South Caroli-
na (Mr. Calhoun) to corroborate the fact of the
applications which had been for rclicf perhaps
sustained by these Treasury notes. He con-
:titi:’_'retl the issue of these notes. as putting the
public creditor off with a currency less than the
value of his labor. Like the workman who
furnishes the stone and brick and water for the
structures which are rising like palacezraround
us, or the laborer who has to receive his weekly
wages to maintain his family, and suppose that
you tender him a Treasury note. and under the
pressure of circumstances, he signs a receipt,
you go forth and call this a voluntary tender.
He considered this as below the dignity of the
government. .
Mr. Buchanan remarked on the skill with
which the Senator from Massachnsettes had ex-
tricated himsclffrom the difficulty into '.Vlll(.‘l] he
wusbrought by the exposition ofthe act of 1815.
He argued with that Senator that the committee
had tlcterminctl not to issue Treasury notes such
as had been recommended. He looked upon
the law as it passed the Senate last year, as
authorizing only a deposite with the States, not
as loans ora gift, and ifthc House ofRepresenta-
lives had not altered the law. there would have
been now no difficulty. The Secretary had
fulfilled his duty under the provisions ofthe law.
and he had acted right in coming to Congress for
a law to postpone the remaining transfer. He
knew many of the states had disposed of the
money as ifit was a gift. while II was merely a
deposite. and therefore the question properly
arose if we should borrow money to deposite.
when we could reclaim the deposite. He be-
lieved that the greater the issue of'l‘rcast1rynotes,
the grcaterthe relief to the country. He be-
lieved they would take the place of gold and
silver, and would serve the purposes of our
foreign exchanges. He could not consent to bor-
row money in deposite. but if a majority ofthe
Senate should be of a diflerent opinion. he had
no hesitation in saying that the more treasury
notes were issued, the greater would be the re-
liefto the country
Mr VVcbster replied tbat,the Senator seemed
to enjoy the idea that be (Mr. \V.) had got into
a difficulty. He was sorry to curb his enjoy-
ment by referring to the next section of the act
of 1Sl5 which allowed the holder of $100 worth
ofthe Treasury notes to fund them the next day.
and receive an interest ofseveu per cent.
M r. Buchanan, and Mr. \Vright explained. .
Mr. Calhoun thought it very important that
the States should be able to complete the en-
gagements they had made, but he deemed that
the object and aim of the Deposite Law had
been fulfilled, that there was no longer a surplus
revenue. that it had been exhausted by'extrava-
gant appropriations, anti that, unless we econo-
mize and retrench. a new era was approaching.
The first step was Treasury notes, the com-
promise act would be disturbed in the next place,
and then would follow a revision of the Tariff.
He called on the South to guard against the new
era. He would vote f'or any reliefto the Trea-
sury, but he had not yet determined whether he
should vote for this bill not having examined it.
Mr. Buchanan moved to amend it by inserting
a proviso that the instalments already paid to the
states should remain so deposited until further
provision by law—-agreed to, yeas 33. nays 12.
Mr. Tallmadge moved an amendment, the
effect of which was for the States to retain the
instalments already paid them and the one due
in October, which was uegative;l—yeas 13.
navs 27.
The bill was ordered to be engrossed—veas
27. nays 18. Adjourned. '
In the House of Representatives, after the
presentation of petitions, most of which related
to the currency.
Mr. Cambrclling reported “ a bill authorising
the postponement of the payment of duty bonds
and for other purposes ;” which was twice read
and committed.
_[Thc bill postpones all bonds for six months
"11, .
from the time they become due; and gives a
credit ofone. two and three months for merchan-
dise now-in the custom uouse.]
Mr. Cambreleng laid on the table, to be prin-
ted forthe information ofthe House, a document
embarcing facts relative to__thc mode of collect-
ing and tlisbttrsiug the revenue in England and
France.
No other business of importance was transac-
ted, and the House adjourttt-.tl.
Fifdcty. Scptcnzbcr 15.
In the Senate, several petitions were pre-
scnted by Mr. Mclican from Pennsylvania.
against the annexation of ’I‘r.-xas, and by Mr.
Young in favor of a National Bank.
The resolution offered bv Mr. Hubbard to
meet at 10o‘clock, wastakeri up. and so modi-
fied as to read after this week the Senate will
meet at 11 o'clock, and was then agreed to.
No other business of importance was acted on
‘in the Senate.
In the House, Petitions were prcrenterl on the
subject ofthe currency, and also several remun-
strances against the annexation of Texas.
All petitions not relating to subjects embodied
in the President’s message. were, upon the or-
der of the House, laid on the table.
Mr. Adams presented a petition from citizens
of Massachusetts praying forRetrcucluneut and
Reform, and recommending that the members
begin by reducing their wages 50 per cent,
Mr. Combrclcng reported “a bill imposing
additional dtnies. as depositoricsin certain cases,
upon public "Fficers. and for other purpo.-ses."—-
[This is the Sub-Treasury Bill. The mint and
its branches, and the Post offices and Land oili-
ces, arematle the places of deposit, and their of-
ficersare authorized to prepare fireprt.ofs, &c.
forthe purpose. Most oftbc provisions relate to
guards and checks upon the officers] The bill
was twice rcatl and committed.
Mr. Cambrcleng from the‘ same comnzittec
reported "a bill adjusting the rt-maioing claims
uponthe late deposit l;anks;” rcud twice and
committed.
Mr. C. stated that he had but two more bills
to report and they would be rcportetlnn Monday,
when he would call the attention of the House to
these subjects.
Mr. Garland of Virginia. gave notice that he
would subunit a counter-project, next week,
and he asked the gentleman to move to ui'.'.4e
the bills the order of the day for a certain day.
Mr. Bell asked the Chairman of \Vays and
Meanswhether he intended to bring fortviml the
Senate bills as they came to the llousc, or the
bills from his Committee. If the IJ1Gll.‘,~‘t'. - bills
were to be first taken up, we miglttas well com-
mence them at once.
Mr. Cambrelcng replied. that it would be for
the House to determine which should be first ta-
ken up.
Rules and Orders.
ment on that subject. No thcr subject was ac-
ted upon.
Srzturdtzy, Sept. 16.
In Senate, Mr. Linn presented a metntirial
frotn citizens of Missouri praying for the csicl:
lishment ofa National Bank. Referred to “)3.
tcotnmittecz on t7‘inant~e.
A message from the House of Representatives
transmitting a new Joint Rule, which was laid
on the table.
The Senate resumed the consideration ofthe
Bill to authorize the issuing of Treasury Notes.
Mr. Calhoun said he had felt great difficulty
in bringing his mind to vote for any of these
measures until the great question ofthe separa-
tion of the Government and the Banks. In
either case, this bill was objectionable. His
opinion was made up that there must be a sepa-
rat‘on or a U. S. Batik. He wished to move an
amendment by a test question. But he moved
to postpone.tbe bill till Monday. He thought it
the duty of every one to come forward boldly
and explicitly, and he would be prepared by
Monday with his plan.
Mr. \Vri2ht was not willing to prevent the
Sen.-etor from bringing forward his measure, and
discussing it. But it was not right to say that
the Treasury could not satisfy the public creditor
20 or even 15 days longer, without some aid.
He was therefore opposed to postponcrttettl.
Mr. Calhoun said his request was not under-
stood. Iftheqnestion was urged now, he should
vote against the bill however willing and anxious
he was to relieve the government.
Mr. Benton said a few words the tendency of
which was not heard.
Mr. Wright expressed a hope that the wish of
the gentleman from South Carolina might be ac-
ceded to.
Mr. King of Ala. opposed the motion to post-
pone.
Mr. Calhoun said that if it was the wish of
the administration gradually to restore the con-
ncction between the government and the banks,
a provisional law was the proper mode. His
request was reasonable, and it was the duty of
every Senator to act boldly.
Mr. Niles expressed a hope that thetime ask-
ed would be given to the Senator from South
Carolina.
Mr. Wright said he did not desire to restore
the connection to which the Senator from South
Carolina alluded.
The question was then taken on the motion to
suspend. and carried in the aflirmative. Yeas
28. nays 18.
On motion of Mr. Tallmadgc, the Senate atl-
jourucd.
The House did not sit to-day.
..___.___._____.._.
WILL 'i‘l-KEY OBEY!
NORTH C.-u1oLIr«‘A will give some thousands
ofa majority against Van Buren in her Congres-
sional vote this seasou, and she has two Van ‘Bu-
ren Senators in Congress.
TENN!-ZSSEE has one, Mr. Grundy, U. States
Senator for Van Bnren, and she gives twenty
thousand ‘majority against Van Buren.
INDIANA has an incalculable rnajority——ciec-
ting but 1 Van Buren man to Congress—and
she has one Van. Buren Senator, Mr. Tipton.
GEORGIA at her late vote, gave about three
thousand against Mr. Van Btiren, and she has
two Van Buren Senators.
NEW JERSEY is altogether Anti Van Buren,
and has one Van Buren Senator, Mr. Wall. who
is so consistent in his course, as to have voted
for Mr. Granger as Vice President last winter,
in conformity with the wishes of h.is State.
OHIO gave sixthousand majority against Van
Buren, and returned eleven Anti-Van Boron
members of Congress out of nineteen. and has
two Van Buren Senators. They can return
or turn.
Ifthese nine Senators who are so earnest in
their defence ofthe right of instruction, and who
have called upon others to obey. would resign
their seats or vote according to the decision of a
large majority ofthe people of their respective
states. the true friends ofthe country, would
have a majority in the Senate ofthe U, Slates.
Let us see whether they are willing to follow
their own precepts.—U. S. Gaz.
The editor ofthe Madisonian says that he is
“on a perfectly harmonious footing with the
President and part ofthe Cabinet." So it scents
that the Cabinet officer_s are at variance-—some
being for the new organ anti some for the old one.
How long before ignition will take place, and the
precious “ unit” be blown into the airl—Louis-
,-vzttc Journal-. .
_ ‘ -
,.,i
- - "/- "IZ//’//z
— . It I /1. .-
4 . .. _ ,~ -- 1:1.-./1; 1-’--,,,, ‘
_\“\\“. \ ‘ -’ gt,/(‘,{,n’ fig?‘
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.
fl//r
._..
_:_lg_otr’_t give up_tl1e Sl1ip.’.’m
.éfi2noonT -
NORWALK, wr.oNt:snAv, SEPT. 20, I837.
N ow NATIONAL DI-3n'I'—-RETURN T0 CONTI-
t-;N'r.u. lVIoma:v—GovxmvMr:x'r TURNED BANK-
l:R.—-Tl)f‘B(_3 titles are not prefixed to this article
as catcl:--phrazcs—they embody the sober truth-
Our Government, with a late surplus orjbrty mil-
lion datlitrs. is bankrupt; and not only bankrupt,
but dishonest, false, rapacious. The annexed
copy of a bill, reported in the Senate, by Mr.
VVri::ht. the “spoils” Senator from New-York,
tells the whole story. \Vc ask of our readers
to peruse and re-peruse it—to ponder it we]]_
Government, which so lately denounced the
State liaiilnv, which traded on a specie basis, is
about to issue notes and bills, without any such
basis, and with no other security than “we .
promise to pay.” IV : that is, ostensibly, Le-_
vi W'ootlbury, but, in fact, Martin Van Buren,
President of the Bank and of the Party.
Suppose, after the issue of these bills, as in 1
lbrmcr case, our importations cease—-as they
must under the present and prospective aspect
of things—.-ind there shall be no revcnne,wlzore ‘j
are the bill holders to look for their redemption 3 _ '
VVill Government pay them in wild lands, or in T -
otfices '2 Or will Government create pa.tenfs«of- .
nobility and confer titles’! Or will it apply for-
the benefit of the insolvent laws? Or, toitnko
the mildcst alternative, are our farmers and me-. . ‘
chanics to l.)L"l:tx.'.‘(l,t0 pay this new Nation‘; ~. 3
I x
The House resumed the consideration of the,
R t )ftleSel ct Cnm ittec tl ' R ’ .... -' - .-
repor ‘ l e, ‘l ’ °'‘_ "' _ "_“ ':’”jct1rr...cyl Vi ill the people submit to this?-—
o.the Rules, anti it ere engaged until the adjot. n-
Dtlbl. brought about, like that by the last war, \
by Gen. Jackson's war upon the Bank and the i
'But why ask the question? Are they not wilx
ling to hang for, or with, the party,
tr , -
V. hcn Gcn. Jaclzsozt rcccmmcndcd a Tree. \
_5”l'." Biflli-to aroitl his cc::atitutiona.l objec-
tions——was it not denounced by the very slave:
of his own party’! But how is it now '3 la a
National Bank uticonstitutional and a Treasury
Bank the contrary 7 “Te would like to see some ,-
casuist draw the line of distinction. Both issue if ‘ll
bills of credit-—but with this difference. that 3
National Bank holds. not only specie pn deposit, '
but also notes and obligations of solvent men,
to the full amount of its issues. A Treasury
Bank, on the contrary, issues bills of credit—-
not based on specie in its vaults or obliga-
tions of indebtcdncss—-but on its bare prom-
ise to pay—to pay, too, when it is able-not
on demand. And what is its security? The
same as the Continental Congress. gave--no ,
better. _
Suppose after these billrliave flooded the
COUHUY. and our revenue continues to diminish, ./
what will the holder be able to sell these bills
for? \rVhy, as the President says, in his mes— I
sage, of continental money, perhaps one dollar
for four hundred. But,suppose it new Congress.
should declare the Treasury Bank illegal, what
would holders then get for its rags”! \Vonld it ' ,
be any thing better-—is it any thing bctter——tlutn I l
a stupendous fraud’! :9
The act: proposes to litnit these issues. Can
it tell the time when Government will be out of
debt? Can it tell when after the issue begins,
it is to be able to rctlecrnil VVill not its necessi.
ties increase with these issues? Most assured- -
'ly. And so will its issues increase with its ne-
ccssitics.
But this is not all, they are to have the and‘.
city to charge interest upon those rags! If 3 -
house in Norwalk should buy goods of a house
in New-York, and give its note at six months for
payment, would the drawer or receiver be enti.
tlcd to itttct-cat upon that note? But, in the '
case of Government, the creditor, not the debt-
or, is to pay the interest. But, it may be
said, the good name of debtor party, is worth _
So much the
worse to talte advantage of it to sluzvc the pee.
something, although insolvent.
ple.
These issues of Treasury rags, arc speciously
represented as beinglimited:-butprayhow'! By‘ I -
the usual mode ofuarning the amount of them‘!
21 no ; but by naming the amount in the Tr-ea-
sury. \Vhen the Treasury has four millions and
more, it is to issue less rags in proportion; but
when it haslcss, it is to issue more. The Go- ’
vcrmncnt is to go upon the new plan of increass
ing its debts to pay its indebtedness: it is to "
hold four millions of property, and live upon 5
credit of thirty millions. In a few years it will
owe a greater debt than that of England.
How long would at man do business upon this
plan; his income four hundred, his expenditure‘ -1‘
two thousand annually! Would his notes-cr
the notes of any bank in like circumstances-2 ~
sell at a premium’!
They are not only to be received ‘-‘ as GE:
vernment dues”—o. very plausible phmse--t; ..
be sure !-—but they are to go into circulation, v . A
We have, to be sure, something said about -their‘
issue not going beyond the amount of the cur,
rent receipts and the four rnillions.”' But this ' .
\
\
h
E.
.. A-.’sX‘l..
P
I
\ .
is a mere equivocation; since it will be it my ‘
easy matter to report bills returned and if sign.-
ed (on hand) as receipts. If these bills are ‘ '
currency, why they may go to form the four ~
millions in the Treasurv and the current. :33. ' .
ceipts into the bargain. Money is money; and
if Treasury rags are constitutional currency, they ,
are specie; and Martin will find no difficulty in
procuring a Secretary to swear to it, V
_ We need hardly’ say" any _th_irtg_gh_uut 15‘; ~
Norwalk Chronicler