Richmond palladium. [volume] (Richmond, Wayne County, Ind.) 1831-1837, 1834-03-22


jof more than four 10 one. A difference Of O.
opinion had probably arisen on the subject, the
Speaker said, IN consequence of the rule as
laid down the Manuel. The authority OF
Hatsel. which Mr.. Jefferson referred to as JUS
,itying the rule. had been entirely mIsappre-
hended. The practice of the House of Com
mons. certainly since. the time of MIR. Onslow.
was In accordance with the decision now made,
and the right in question he had ever regarded
as one highly important TO each individual
member of thi. House.
! The report must therefore be read, If desired
BY the member Fl ON Alabama.
| The House acquiesced IN the decision of
the Speaker, and the paper was read.
! The reading of the report then commenced ,
and had proceeded some time; when
! MIR. CLAY, stating it to be ms understand
ing that no objection would be made to the
printing Of an extra number of a Report. with
drew his call for the reading and 1t was there
upon suspended but, at the request of MEM
Der, the resolutions with which the report clo-
sed were, as follows:
l. Rcsolred, That the Bank of the United
States ought not to be re-chartered.
2. Resolred, That the Public Deposites
Ought not to be restored to the Bank of the
United States.
B. Rrsolred, That the State Banks ought
to be continued as the places Of deposite of
the public money, and that il is expedient for
Congress 10 make further provision by law,
prescribing the mode of selection, the securities
to be taken, and the manner and terms on which
they are to be employed.
4. Rcsolred, That, for the purpose of ascer-
tanning, as far as practicable, the cause of the
commercial embarrassment and distress com
planned of by numerous citizens of the United
States, in sundry memorials which have beer
presented to Congress at the present session,
and of inquiring whether the charter Of the
Bank of the United States has been violated );
and, also, what corruptions and abuses have
existed IN its management; whether it has used
its corporate power or money to control the
press, to interfere in politics, or influence cleo
tons; and whether it has had any agency,
through its management or money, In produ-
cling the existing pressure; Select Commit
tee be appointed to inspect the books and ex-
anime into the proceeding Of said Bank, who
shall report whether the provisions Of the
charter have been violated or not; aud also,
what abuses, corruptions or mal-practices have
existed in the management of the Bank g. that
the said committee be authorized TO send for
persons and papers, and to summon and exam
inc witnesses, on oath, and TO examine intoI
the affairs of the said Bank, and Branches
and they are further authorized to visit the
principal Bank, or any of its branches, for the
purpose Of inspecting the books, correspon
dence, accounts, end other papers connected
with its management of business; and that
the said committee be required to report the
result Of such investigation, together with the
evidence they may take, at as early a day as
practicable.
Mr.. McDUFFIE asked whether it would be
in order, at this time, to move an amendment
IN these resolutions
The CHAIR replied in the negative, as the
QUESTION before the House was on the postpone
ment.
Mr.. McDUFFIE then requested MIR. POLK
to withdraw his motion; but he declined.
MIR. WILDE inquired whether it would be !
in order to move reference of the Report to
a Committee Of the Whole on the state Of the I
Union? /
The CHAIR replied that the question Of
postponement had precedence. /
The question was put on the postponement
and carried-and the report was ordered to be .
printed
MIR. BINNEY presented TO the House a re-
port from the majority Of the Committee Of
Ways and Means on the same subject, and
moved that it receive the same destination with
the last paper; which was agreed to.
Mr.. CLAY moved that 10000 extra copies /
Of both reports be printed.
Mr. HAYES moved, an amendment, that
there be 5O( 90; but 1t was negatived
Mr.. REED then moved 10000; but this /
was also negatived.
Mr.. HALL Of Maine, moved $4,000
Mr.. EWING, Of Indiana, opposed the prin-
ting Of 50 great a number Of report calcula-
ted, as this is, to extend the existing panic, by
tending TO create a wrong belief, that no ade-
quate substitute for the existing United States
Bank can be created. He contended that the /
People would not, as they consulted their own
md the general good, place reliance upon
oeal currsocv that would eventually operate
- severe tax upon the industry Of the coun-
Try He thought that the committee should
have shown and recommended a suitable and
proper substitute for the general good, when it
$ determined the existing corporation Bank
shall cease. He would oppose printing ma.
" thousand. Of a report that could not fail TO
extend the existing want Of confidence, and
increase the existing embarrass-
nent Of the country He would return it with
Instructions to the committee, or lay it upon I
he table.
rThe SPEAKER here informed the Mem I
yer from Indiana that it was not in order to
lebate the merits of the question:. I,
The motion for printing 5000 copies was a. I
freed to. Mr.. WILDE wished to move that $
IN amendment be printed which he desired to
,ffer when the subject came up, (the same in /,