Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1834-01-02
IN SENATE, Monday, Dec 23d.-

in NATE, Monday, Dec. Eoo'-
The Chair having called the second spe-
cal order, being the Report oil the Sec
retary Of the Treasury on the subject OF
the PUBLIC DEposITEs.
Mr.. Clay rose and expressed his re-
gret that he was under the necessity Of
asking postponement of subject on
which the unexampled pressure upon the
pecsniary interests of the country, rem
dsred prompt action and early decision,
so important. He had made call last
week for some papers, which he consid-
cred to be Indispensable; and he had
hoped that the information asked for
then, and under previous call, would
have been furnished before to-day, es-
pecially as the documents had been
commented on by the Secretary of the
Treasury, and must, therefore, be in his
possession. The information, however,
had not yet reached the Senate, although
the road from the Department of the
Capitol had been so much improved
Regarding the correspondence of Mr..
Crawford as necessary to full elucida-
ton of the subject, he was compelled to
make further post ponement.
Sdiu iC" WoluS III lC-
ply, ST atirg that he thought the Senator
from Kentucky would find all he requir-
ed in the printed documents, and advert
ing to the great space covered by the
call, as an excuse for the delay in fur
nishng the information.
Mr. Clay stated that he had locke ed
through a great deal of the correspon-
dence which was printed, without find
ing any passages to bear out the con-
structions of the Secretary. On the
contrary, he had found much bearing q
totally opposite constructions; and he
thought it but fair that the Secretary
should have an opportunity to commune
cate the lettersto which he had referred
lie wished to proceed Tomorrow, OF
Christmas day, if the information shoul,
be furnished; but as the Senate woulo
not sit on Christmas day, he would fix OF
the day after Christmas.
The order to postpone until Thursday
was then agreed to.
In the HOUSE, Monday, Dec. 23d
The House having resumed the consi
deration of the question of reference o
the Report of the Secretary OF the Trea
sury on the removal of the Public De
posites from the Bank of the Unite,
States, with MIR. M'Duaie's motion I,
instruct that committee to report bill
for restoring the Deposites to the SAT-
Bank
MIR. M'Dufie resumed the speecl
which he began on Thursday last, il
support Of his motion, and in conclusion
said
l have now gone through all thos'
charges against the Bank, which arr
worthy of considerable, and i now cal
the House to the argent consideration
which impel .s to act on subject 81
;mnor,or,. | need not tell this Hous,
of The alarm, the embarrassment, the ut
r.. ruin, which is impending over tn,
community. need not refer to the &C
counts which are coming in upon US b,
every mail.
You can look neither on the right han,
nor the left, but you see the public dis
tress and dsmay, Sir, shah we III
nothing to arrest this desolating torrent
Shall we not interpose our constitutions
power, and save the country from th'
effects of Executive usurpation? Sure
ly we are called upon by the most so
lemn considerations connected with lib
erty and the constitution.
The Executive power has seized up
on the public treasure; where is it?-
where has it fled? No man here ca
tell BY what authority has it been ia
ken out of the Bankl Let any man an
swer me that.
know l shall be told that the pictur
Of the public distress is exaggerated
Indeed, a gentleman from New Y or
(Mr. Vanderpool,) has courteously sal
to the House that il is all "HUMBUG.
Sir, it is n melancholy humbug. ] ask
is there any man notc, (whatever Nigh
have been the case the other day.
there one here who will no,c say that tn
alarm is uniounded' Or will any ma
in his senses say to me, and to this Peo
pie, that it is not the removal Of the DE
positcs which has caused that distress
Sir, | had no conception of what the mi
serable tampering OF the Government ha
produced.
have been astonishcd, on rcadin
my letters, to discover the extent of th