Litchfield enquirer. [volume] (Litchfield, Conn.) 1829-current, 1832-06-21
THE ENQUIRER.
LITCHFIELD, JUNE a1. 1852.

inst. the Bill to modify and incorporate the subscri
beers e the Bank pr the United States was finally pas
sed in the Senate BY majority ofeign uOtes. Every
Senator was,in his seat. The only creature from N.
England that voted against il was Isaac Hill! The
vote was as follows: 80
Ayes.--Messrs. Bell, Buckner, Chambers CLAY,
Clayton, Dallas, Ewing, Foot, Frelinghuysen, Hen
sdricksS Holiness yohnsion, Knight, Naudain Poin-
dexter Pren.sS.. Rol'tins, Robinson, Ruggles sey-
Waggnman, Webster, and Wsikins.-28.
.Neys.-Me ssrs. Benton, Bibb, Brown, Dickerson,
Dudley: Ellis, Forsyth, Grnndy, Hayne, Hill Kane,
Treup, Tyler, and Whiie.-20.
The Nationa Inteliigencer gives the following brief
abstract Of tile prOvisisns of the bill:
]. The Bank charter TO be continued for fifteen
years from and after the Sd day March, 1885, that
being the day which the present charter expires.
The Direslors may appoint ssa e more oi'ssrs
shall be binding the corporaiion ln The same man
il signed by the President md Cashier.
3. The Bank Is not 81 issue orp1t in circulation
alton than fifty dollars, which shalt not, on the faces
thereof, be payable a, the bank where issued.
A. The bank, and all its officers. shall be bound to
receive in payment Of balances due them from other
banks bills Of the bank ofthe United States
wherever made payable ON their faces. 81
S. The Bank is TO hold real estate, except bark
buildings and lands mortgaged &c. for longer peri
6. The Bank shall not establish or continue more
than two Offices 10 any one State.
lars year 10 the United States or DE benefits Of The
charter during ahe whole period Of fifteen years.
g. II shall Ne lawful for Congress 10 provide by law
that the Bank shall be restrained, at any time after
March 3, 1856, from issuing or keeping in circna,ion
bills Of less denomination Than twenty dollars.
9. The cashier shall report annually 10 the Secre-
tary the Treasury the Of all and
the Treasurer of any State request shall be fur
nlsled with list Of stockholders who may be citizens
of snch State.
twill be perceived by our readers, that, with the
exception Of the section continuing the charter, and
that authorizing The signature OF small bills BY other
officers besides the President and Cashiers, ali the
provisions and enaclments Of the bill limitations
and restraints on the Bank, or increasing s burdens
First, TO the bonus For the present charter.
for the whole twenty years, the Bank paid one million
and half Of dollars for the charter and for The
shorter period Of fifteen years, the Bank pay two
hundred thousand dollars year; that is 10 say three
millions In all.
2 The circulation Of small checks and ortlers is pro-
hibted.
%. All notes issued Il any Office shall Ne payable at
A. AIlthe Offices are bound TO receive the notes Of
all other Offices when offered in payment Of balances
due from State banks.
sraning the eircuatiOn Of alb bills under twenty dol
lars. This provision was inserted for the ailedged
purpose Of giving up large portion of the circulation
of Bank 10 the State institutions, If the States
shall be OF opinion, that the public good requires
withdrawal from circulation OF all notes under five
dollars, with view TO the introduction Of greater
Gortion of specie into the general circulation.
6. The number Of Bfanchessis limited 10 two in any
one State. =
In Committee Of the Whole section was introduce
ed for distributing the bonus among the several States
according TO numbers; but this section was subse.
quently rejected, and the money is to be paid, like
other public monies, into the National Treasury. ~
II seems g ~ that this bill very fairly presents the
question. whether the Bank offhe United States shall
tie continued since il Introduces new cause ofdis
pne. but the contrary, contains several
on the Baak, introduced give greater security the
public interests.
On Tuesday she 18th inst The Bill from The Senate
was taken up in the House Of Representatives for ts
first reading. After a motion TO postpone il to the
first Monday in December, which was declared by the
Speaker TO be not in order. moved by an oppo-
nent of the bill 10 lay it the table, there TO sleep
during the remainder OF the session. Some discussion
then took place, and The motion was negatived-ayes
So, noes Ill This is considered pretty decisive evil
dence that majority of;he House friendly the
measure, and that they are determined to push it
through the House the present session. The editor of
the y. s. Telegraph, however, who is opposed to the
re-charering Of the Bank, says" We do not consi-
der this vote by any expressing the opinions
Of those who voted n the negative bein favor Of
the bill, know that some OF them are decidedly
opposed to it, and win vote against It's passage. Yet
our opinion incnes the belief that the bill will pass
and We have lost all hope that il will receive the Pre-
sidenfs veto, in case it Does"
We observe that the editor Of the Li,chfeld En-
qurer Is disposed to censure Mt. Huntington for
wing resolution that Houston be reprimanded BY lie
Speaker. He thinks, and very justly too, that Tie
punshment totally inadequate 10 The offence, and
expresse. much regret that Mr.. Huntington should
ha~A Rad an 80 do al - NJ