Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1834-02-27
U. 8. TwENTY-THIRD CONGRESS.
FIRST SESSION.
IN SENATE. Monday, FEB. 17h ,

number oil tne CHiZenS oI 1-oTlsinOutH, ~.
Hampshire, on the subject Of the pecu-
ninry emharrassments and distress pre-
yaing IN that section OF the Union
Mr. knight rose, and presented me-
mortal from the city oi rovidcnce, and
addressed The Senate Ia the following eff
iect:
Mr.. President, have received me-
mortal of a number OF citizens oi the ci-
ty Of Providence and its vicinity, which
/ now present to the Senate. In doing
this, it may not be improper to state,
that it contains upw ards Of 1000 sigma
lures Of the active business men OF that
community, Of farmers, merchants, me-
chanics, manufacturers, and others
The memorialists state, that they have,
within u few months, passed from com
fort and security, to state OF general
distress. They now present their griev-
ances to Congress, and point the way to
their relief. In this they know not par
ty-they are not actuated by party mo-
tives-they are composed Of all parties
that have divided our common country.
Among them / see some of the able
friends Of the present Chief Magistrate;
those who asked not for Office, nor seek
its honors and emolume nts-who would
not have united in this memorial, did
they not know and feel the distress Of,
their fellow citizens,
/ see, also, among the most distin-
guished of our fellow citizens, Presidents
and Directors of State Banks, who are
fully acquainted with cause and effect,
in regard to the money concerns of the
country. They know the withdrawal of
the deposits from the United States Bank
has, in great measure, been the cause
of Withdrawal Of Individual deposits from
the State Banks, and crippled their dis
counts, without corresponding increase
of discounts by the deposit Banks. The
memorialists also state that n renewal OF
confidence between the Administration
and the Bank of the United States, will
inspire confidence in the community,
and greatly facilitate the removal Of The
present distress Of the country.
Sir, | have said that these memorial
lists were of all classes of working busl-
ness men, Lut there is one class oi the
community, who have not joined IN tins
memorial-the Office holders, and those
who share the spoils-they feel no bur
then on them, and do not ask for relief.
move, Mr.. President, that this me-
mortal be read, printed and referred to
the Committee on Finance.
Mr.. Robbins then rose and made
some remarks, which are necessarily ex-
cluded.
REPORT ON THE PENSION FUND.
Mr.. Clayton, from the Committee on
the judiciary, to which had been reler-
red the message of the President OF the
United States, of the Sd inst. in relation
70 the Pension funds Of the u. States,
and the Bank ofthe United States, made
a report thereon; and moved that 1t be
printed for the use Of the Senate.
Mr.. Clay moved that 9 900 additional
copies be printed, which was agreed TO-
The Resolutions from a public meet
inp in n, Carolina, and various other l.
TENS Of unfinished business, were then
laid on the table.
REMOVAL OF THE DEPOSITS.
MIR. W ilkins rose and resumed his re-
marks in defence of the removal OF the
deposits, and continued until 3 O'Clock,
when. without coming 10 conclusion,
he Welded H., floor and, on motion OF
Mr.. Wright. the Senate adj.
In The HOUSE, Wond0y, FEB IL
Mr. Harper presented memorial from
inhabitants of Portsmouth. in \. flamp-
shire, which sets forth AT length lhai
they were suffering much pressure, ana
prayipg Congress to restore the dePos-
its. or that some other measure should
lie adopted to restore confidence ana
stability to the country. lie could bear
full te stimony to the respectablllly OF the
persons signing the memorial. I
The memorial was then referred to
the Committee Of Ways and Means
and ordered to be printed.
PROVIDENCE MEMORIAL.
MIR. Burgess presented similar peti-
ton from Providence, in TX. l. IN wh'ch
he stated that they allege that the pros
peritv heretofore enjoyed, could not be
secured, unless the former relations oi
amlty that existed between the Govern
ment and the Bank were restored
The me emorial was signed by lO6o per-
sons, who were nearly all the voters OF
that city; and after enlarging upon the
stability and industry which was found to
peryade the State Of Rbode-lsland gen
orally, he remarked that those persons
were actuatcd by one mind, and not
from sinister motives, in giving their pre-
sent sentiments. He called for the read
ing of the memorial, and would then
move that it be referred to the Commit
tee Of Ways and Means.
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