Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1814-11-03
Congress of the U. States.
HOUSE OF REPRESENTATIVES
SATURDAY. October 90.

Tie S,eakerlai before the hous"
a communication from the Seereta
~ OF the Navy. stating. that few Of
fetal papers OF consequence had heen
lost by The late invasion OF this city
Ordered 10 lie on The table.
Mr Clayton offered resolution
FOR the appointment of joint com
mit,ee OF both houses to wait on the
President Of the United states. and
request that ne recommend a day OF
public humiliation. fasting and pray.
or. Ordered to lie on the table II
was afterwards ordered TO be refer
red TO committee Of the whole, u
made the order for this day.
The aouse went into committee Of
the whole. Mr.. Nelson in the chair.
on the bill auth arising a loan not cx-
cee,liny dollars.
Mr.. Eppss moved TO Gil the blank
with three millions. Agreed to.
Mr.. Grosyenor offered an amend
ment to The first section Of the bill,
providing that in contracting for this
loan. the President shall in 40 case
and in no way allow greater inter.
est than 8 per cent.
alr. G.. spoke in support Of his a
mcndment. on the ground that. from
the manner in which the last loans
had been contracted, twas absolute
Nv essential 10 limit the interest on
,nuney borrowed by government
With such limitation, he should
vote for the bill; osierwisse he
should oppose il. believing that in
the former loans the public had been
subjected 10 the greatest eNiortioss.
So,nc conyersa,iIn took place ne
tween Mr.. Eppes and Mr.. Oakley,
as 10 the loss sustained by the public
in former loans. when the question
was taken on Mr.. GrOs'enor's a.
aud it was agreed to,
yeas SO. hayes %.
Mr.. Oakley objected to that part
Of the bill which plesses the public
faith for the reimbursement Of the
proposed loan, and accordingly NOV.
ed TO amend to bill by striking out
that part and inserting in lieu there
OF provision plcdg;ns the proceeds
Of taxes for the repayment OF the
loan. He considered this the most
eifcctual mctilud Of obtaining the
money. The amendment was re-
iectcd. yeas III, nays II.
The committee OF The whole then
rose aud reported their amendments
10 the bill. The first amendment
(Hlling the blank with three millions)
WAS agreed to by the house without
debate. The amendment offered by
Mr.. Gros,eaor, aud ad apted in COM
miitee Of the whole. produced some
discussion. IL was opposed by
Messrs. Lowndcs and Ghelson, on
the ground that il vas incxpedient
and manifested distrust Of the ex-
The amendment was sup.
ported by MIR. Grosvenor. Several
other members spoke on the sub
jeet. when the question was taken
by ayes and noes on agreeing to the
and it was rejected,
aycs So. NOES 90.
MIR. Oakley again offered TIC a
which he had proposed in
of the whole. as above
stated. Considerable debate took
place on This amendment. II was
eon,eaded. generally, Oh the oae
hand, that msney could not DC OBJ
tained on loan unless particular
branches ofrevenue were pledged for
the redemption OF the debt. On the
other hand il was said that il would
be unfair TO give "A distinct pledge
for the redemption Of this particular
loan Of three millions. when no such
aiedgcs had been given on The loans
obtained.
Ne question Was taken on Mr..
Oakley's amendment, and il was re:
ieetej. ayes 81. nees 81.
The bill was thea olsleredto he en-
crossed for third reading, and The