Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-01-14
Twenty-sccOnd COngrcss.--Sess. 4
IN SENATE.


Mr.. Dallas presented the following memorial from the
President, Directors, and Company, of the Bank of the
United States;
TO the Senate and House Of Representatives. Of the
United States an Congress assembled:
The Memorial of the President, Directors, and Com
pany of the Bank of the United States, the and
in bchSt OF the Stockholders OF the Bank, respectfully re-
That the Charter of the Bank being about expire ON
the It'll of March, 1886, your menoalsts deem 1t their
duty to invite the attention of Congress to its renewal
The general considerations which caused the establish
Of the Bank, the manner in which II has executed
the duties assigned TO it, and the reasons which recon-
mend its continuance, your memoraiss orbear TO dis
cuss, SINCE of these Subjects your honorable bodies
competent appropriate judges They will there
fore merely state the views which induce their application
at this time.
Unless the question is decided by the present Congress-
dcfniive action upon it he expected until within
two years OF tho expiration OF the Chariea period be-
fore which, in the opinion OF memoalss It'll high
~ eXpcdien not merely in reference To the institution it.
self but TO the more important interests of the nation that
tho determination oi Congress should he known. lnde-
pendenty of the influence which the Bank was designed
possess, and which necessarily exercises the
state of the currency by which all the pecunary
tons Of the community regulated its immediate
operations connected intimately with the local business
OF almost every section of the United States with the
mercal nteTchangcs between the several SaoS and the
intercourse of them all with iorcgn nations.
OF the value to the community, of the system which,
after long and anxious efforts and at great pecuniary
chces, your memoraists have at length succeeded in
establishing, is for them speak; their mmc
date purpose TO represent they do, most respectfully
that the continuance or destruction OF that system, thus
widely dused through all the of the productive
oil country, affecting
lie revenue and private income, and contributing TO give
stability all the rewards labor is object Of general
socitude If satisfied with the practical operations OF the
institution your honorable body shall deem worthy OF
continuance seems expedien 10 relieve the country,
may consist with mature deliberations from the
uncertainty in which all transactions and all pub
lie improvements dependent the future condition OF
the currency and amount of capital diSposabe for those OBJ
jccts, must necessarily be involved until your decision
known. IT. the other hand, the wisdom of Congress
shall determine that the Bank exist ii is still
important that the country should begin early pre-
for Tho ,lo
should have much time possible execute the duty,
sways very delicate and difficult one of aiding the
community 10 seek channels of business and by ga
dual and gentle movements TO press with the least ncon
vcnionoe tho great interests connected with it,
Under these impressions, they respectfully request that
the charter OF the Bank may be renewed
by order of the Board of Directors,
N. BIDDLE, President .
Mr. Dallas said that being requested TO present this
document TO the Senate praying for renewal of the
isng charter Of the Bank, he begged he INDUCED in
making a few explanatory remarks With unhesitating
fankncss, he wished it be understood by Senate by
the good commonwealth which alike his duty
his pride to represent with fidelity ON that floor and bv
the people generally that this application, this time had
been discouraged by him. Acuatcd mainly if not OK
eusvey, by desire to preserve the nation the prac,
cal benefits OF the institution the cXpcdency of bringing
forward thus carly in the of its Incorporation during
apopuar representation in congress which must
exist some before that term expires and the
o all the excitement incident to great political move
ment struck his mind than doubtful He felt
deep socitue and apprehension lest in the progress of
enquiry and in the development of views under present
circumstances it might be drawn into real imagined
conflict with some higher, favoritc i'm
mediate wish or purpose of the American people
And from such conflict what sincere friend Of this
fu establishment would strive or rescue it by
least temporary fobearance and DELAY Nevertheless
his conscious ineXpcroncc in the forms
oflegislaon inspired dstrust of his Judgment on
this merely preliminary point The determination Of the
parties Interested be- nay must be- wiser and better
and he could not but feel strongly impressed by reco
lection that tho Legislature of yvania recently
in effect, unanimously had recommended the renewal of
the charter ofthis Bank He became therefore, willing
as no was virtually an instructed agent in promoting, to
the extent of his humble ability, object which, howev
or dangerously timed its introduction might seem,
in itself as he conceived entitled every consideration
and favor.
Mr.. D. concluded by moving that the memorial be read
and be referred 10 Select Committee of five in number
and that the committee have send for persons and
papers.
The memorial having been read and the reference
agreed
Mr.. Dallas moved that the appointment OF the Commit
tee be postponed till tomorrow.
Mr.. Bell said he of any reason for the
po'Ponement; and as none had been assigned for it, he
could p2ceive proprety in the postponemcn 1t would
also be thing in the Senate; and unless
some reasons aduced in favor of the posponement,
he should prefer that the Senate should according
usage proceed at once to the appointment of the commit
tee.
The question being put the postponemont il was ne
gatived Ayes Is, "a
The Senate then proceeded TO ballot for the committee
ana the following gentlemen were chosen to compose it,
viz Messrs. Dallas, Webster Ewing, Hayne and Johnston
The resolutions Submitted by Mr. Ellis, on Thursday
last were severally considered and agreed to.
Mr. Clay laid on the table the following resolution:
ReS0tUed That the existing duties upon articles import
ed from foreign countries and coming competition
with similar articles made produced within United
States ought to be forthwith abolished except the duties
upon wines and silks and that they ought reduced:
and that the Committee Finance be instructed report
a bill accordingly
The bill for the erection of barracks quarters and store
houses and the purchase of Site in the vicinity of New
Orleans was considered in Committee of the Whole
the blank in the bill was, motion of Mr. Johnston filled
with the wordsone hundred and twelve thousand dollars
TO carry the provisions of the into effect then
reported 10 the Senate and ordered be engrossed
third reading.
good deal Of debate took place on this bill growing
out OF some objections to it the part Of Mr. Forsyth
not to the object If II could be shcwn be necessary
but because nothing appeared the face of the bill
show where the barracks be placed or that the
troops could not for all the defensive purposes of the cy
be as well quartered in the Notifications erected i'm the
neghborhood of the city; and because moreover the Sc
nate in possession Of information to show that
the intention of the Government TO keep permanent
force at the city of New Orleans requiring the erection
oil permanent barracks, &c. The objections Of MIR +
were replied to by Mr. Benton chairman military
Committee. He answered also and the bill strcnu-
ous'y supported by Mr.. Johnston Mr.. Clay and Mr. Wag-
gaman.l
NAVY AGENTS.
The Senate next resumed the consideration of the follow
ing bill concerning Nary AGENTS:
ne II enacted, Sc That from and after the first day of
Agent in full Of per ccntagc clerk hire rent and ali
other pay or allowances whatsoever, shall be- annually as
follows, and payable quarter yearly, viz:
$1,000
$4,000
To the Navy Agent at Brooklyn, New York. $500.