Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1836-06-28

Webster and Walker, and supported BY ae0sFs 1en''"
Niles, and Mangum; and -,.ca ,.,s FIR tho
On motion of Mr. sfangnm the resolution "as' iof ''e
present, laid the table ,.a ,,ro.d r.
n ,yos rpud from the House OF Kepresentati'es
bv Mr. franklin their clerk, stating that te HOUSE au
i no Iii from the Senate "to regulate the dePostes
of thc*puhlic money, with an me- !" "''''
| thew requested The concurrence Oh inc 'oehae'
| The amendment is as follows:
,ke out the 18Th sections and insert in lieu thereof
the following
which shall be in the Treasury Of the United States on
the first day OF January 1897 reseryng the Of five
millions Of dollars shu be deposited with such OF the
several States proportion 10 their respective rePesen
a,ion in The Senate and House Of Representatives of The
United States, shall by law authorize their Treasures
the compeen, authorities TO receive the same on the
terms hereinafter specfed and the Secretary OF the ea
sury shall deliver the to such Treasurer, or o'cr
competent authorities receiving certificates OF dePo
site therefor, signed BY such competent authorizes IN
such form may be prescribed by the Secretary
which certificates shall express the usual and legal ooga
tons and shall pledge the faith Of the State Tor the sale
keeping and repayment thereof and shall peuge 'he ah
of the States receiving the same 10 pay Inc Salu moneys
and every part thereof from time to ne whenever the
same shall be required by the Secretary OF The Urea
sury for the purpose of defrayng any wants ct the pub
lie Treasury, beyond the amount OF the hve millions
aforesaid Pronded, That any Stale declines TO re-
cevc its proportion of the surplus aforesaid the terms
before named the same shall be deposited with the other
States agreeing TO accept the deposte in the
proportion aforesaid IND proetaed j4rtter That when
said money any part thereof, shall be wanted oy The
said Secretary to meet the appropriations made by law
the same shall be called for in rateabe proportions with
in one year as nearly conveniently may be- from the
different States with which the same is deposited and
shall not be called for in exceeding $4,000, from
any one State in any month, without previous no
tice of 30 DAYS for every additional of $50 O00 which
may at any time be required.
Mr. Calhoun moved to lay the amendment on the Ia
bic for examination; which motion, after few words
from Mr.. Webster, was agreed to-
GThe amendments of the House 10 the bill granting
lands the State Of Alabama, for the purposes specified
therein, were taken up, and concurred in
On motion Of Mr.. Calhoun, the Senate proceeded to
consider the amendment to the deposi,e bill.
Mr. Calhoun moved that the Senate concur IN the
amendment -..,
Mr. Webster expressed his acquescence, but said he
should have preferred The bill as it went from the Senate
it then in a form which disconnected II most
completely from the State Governments For other
reasons, also, he would have preferred the bill it went
from the Senate.
MIR. Morris objected 10 the motion 10 concur as he
thought the amendment by which the States were bound
10 repay the deposites The demand of the General
Government very exccptionabe, and likely to lead to
serious abuses lie would rather give the money excu
sivcly the States than for this amendment. He
hoped the amendment would be printed He op.
posed TO all compromises where right and principle were
involved.
Mr. Buchanan said we had arrived at that point when
we must accept the amendment, or leave the money in
the deposi,e banks for another year. Whatever he
thought Of the amendment he was not prepared to meet
this responsibility. The House objected 10 the Senate
BILL that it placed the money in the State treasures not
as public dcpusite, because the Federal Government
did not the power TO reclaim the money at any
time, and that this was not constitutional mode OF de-
posting The bill was amended 10 obviae the objection
and he hoped the amendment would be concurred in.
MIR. Calhoun said the principle OF the bill had not been
changed and he hoped the Senate would to vote
No Secretary OF the Treasury will call Tor this
ney.
Nlr. Clay deemed the bill as amended better than it
before, because it contained restriction the
Treasury in calling in the money, that it would not be
in the power of the Treasury distress the banks. lie
also understood that the amendment would quiet cous
tutona sctupes somewhere and he himself disposed
to respect and quiet scrupcs of that kind any how and
any where
Mr.. Clayton expressed his preference for the bill in its
amended form to the original bill.
Mr. White suggested that, Tie operation Of law of
the States rendered necessary by the amendment
and the Legislature Of Tennessee met but once in two
years, this State ght have the benefit He wished that
State should be deprived ofthe benefit until her Legis
lature should have been in session. lie would have pre-
ferrcd the bill as it went from the Senate.
Mr.. Webster thought that the original bill was liable
10 the objection, and that the amendment did not
make the difficulty greater.
MIR. Ewing of Ohio, would have preferred the bill
it went from the Senate because he thought the cert
cate system the best mode Of rccuimng the deposes-
Still he would vote for the amendment, although put it
in the pnvrer the States the lyme should
any Of them be disposed TO evade which he did not
pect would be the
Mr. White suggested that the difficulty he had sug-
gcsted might be rendered by the introduction Of an
amendment 10 The amendment ct the House.
Mr. Calhoun said thai few If aay of the Legislatures
woald be in session before tie ls ofJanuary, when the
bill will tskeefiect.
Mr. Morris, said his great objection to the amendment
was that t,creacd the relations of debtor and creditor
between the Federal and the State Governments
The money is placed in the banks By agreement, but
there could be no bargaining with the States
MIR. Benton said lie should vote against the amend.
Inent
MIR. King OF Ala, did not approve Of the amendment,
thinking 1t necessary to provide for placing the
in greater security than that in which stands,
he would Surrender his objections.
Mr. White said on examination he found that his OBJ
jectons had abaed and he should oppose tho amend
merit.
The amendment was then concurrcd in.
The amendments of the House TO the Blk of the Sc
nate, oamend the act granting certain reinquished and
unapproprated lands in the Stale of Alabama for the
improvement of the gaton Of the Tennessee Coosa
Cahawba, ard Black Warrior rivers considered and
On motion of Mr. King Of Ala, that the Senate con.
cur therein, it was decided in the negative.
Various bills were severally read the third time and
passed.
The following bills from the House were severally
read twice and referred:
The bill to grant to the New Orleans and Nashville
railroad company the right of way through the public
lands of the United States; and
The bill making appropriations for certain forti6ca-
tons of the United States, ios the year 1886
ADJOURNMENT VETO.
The Senate proceeded 10 the consideration Of the
sage of the President Of the United States returning
the bill to fix the day for the annual meeting of Con-
gress, with his objections thereto.
The question being on the passage Of The BILL the OBJ.
JectIons Of the President thereto to tile contrary notw
standing, debate ensucd, in which Messrs CLAYTON
Webster, Preston, Baynrd, Clay, Leigh, and Calhoun
against, and Messrs Rves and Shepfey in favor of the
opinion of the President, participated
Every Senator spoke against the constitutional ground
taken by the President except Dir Rves and Mr. Shep
ley]
The bill thea laid on the table, at the suggestion
of MIR. Morris, unit! tomorrow.
On motnn of Mr. -WehsI,r