Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1836-12-30
CONGRE 8 s.
MONDAY. Dec. 10.

,proceeds of the public lands, and granting
land TO certain States. Tie explained the
difference between this and the former bills
introduced by him for the same object. 1t
nronoses to begin with the last of the pres
ent wear. and to end with the year lS4I,
when the biennial reduction Of duties under
the compromise act will cease. On motion
of Mr. Calhoun, so much of the President s
Message as relates TO the reduction Of the
revenue was referred to the committee OF
Finance. A committee was appointed to
consider and report what measures should
be adopted to rel pair the loss occasioned by
the destruction OF tbs Patent Office. Mr.
Ewng's motion for recinding the Treasury
order was taken up, and MIR Benton address.
sed the Senate in defence of the order until
4o'cock, when the Senate adjourned.
In the House of Representatives, leave
was granted to the committee on the burning
of the Post Office TO sit during the session
of the House The question of reference
of the petition from Boston for reduction
of the coal duty was resumed. After some
discussion the motion to refer to the commit
tee of Manufactures was negatived, yeas 80,
nays l24, and it was referred to the Com
inittee of Ways and Means The rest OF
she day was occupied in the reception and
reference of resolutions and petitions.
TUESDAY, Dec. 90.
SENATE. After the presentation Of a
number of private petitions
Mr. Webster offered the following Reso-
buttons, aud called for their consideration at
this time.
Resolred, That the Secretary of the
Treasury communicate TO the Senate the lat
est statement made at or for the Treasury, of
the condition of the Deposte Banks, exhib-
iting among other particulars, the names
and places of all Deposite Banks, appointed
since the 23d of June ast-their capitals,
and the amounts of public monies actually
transferred, or ordered 10 be transferred, 10
those Banks respectively.
Resolved, That the Secretary Of the
Treasury communicate to the Senate de-
tailed statement of all transfers of public
monies, ordered since the 23d of June last
for the purpose Of executing the Act Of that
date, for regulating the Deposites Of the
Public Money, showing the dates and a.
mounts of such tIansfers-from what place
to what place-from what Bank TO what
Bank-and the times advised for such trans
fers, respectively. Also, particular state
ment of all transfers other than such as were
made in execution of the aforesaid act.
The Senate having agreed to the present
consideration of the resolutions,
Mr. Webster expressed dosirs tn make a
single remark He statedthat in the course
of the speech made by Mr. Benton yester-
day, on the subject Of the Treasury order
OF the 18th of July last that gentleman
read statement which he had obtained from
the Treasury Department, from which it ap-
peared that there were Banks which had
very considerably increased their discounts,
and enlarged their operations, since the is
suing of that order. Mr. w, said that to
him this fact was neither new nor surpris.
ing: in fact, he believed it to be generally
understood that this was the case and the
only question which remained to be asked
was-which are the Banks whose situation
is so Furnishing as to enable them to thus
enlarge their discounts Are they the
State Banks, and the Commercial Banks
ALL or majority OF them2 He believed
not. He was impressed with belief that
these instances of enlargement of operations
were confined to the Deposite Banks, which,
If the whole are embraced only presented
proportion, in relation to the other Banks, of
about 60 or 70 to 1000. One of the prom
inent objects of this order seemed to be to
place large sums of money in Banks situat-
ed among communities which did not seek
or desire any pecuniary aid for commercial
operations, and to take those sums away
from Banks upon which the commercial in.
terests OF the country made constant requisi-
lions for assistance. He wished the inlor-
NATION which his resolutions asked for, to
enable him 10 understand how the matter is.
lie understood it TO be as he had stated
One effect of this order to transfer monies
from Banks where they could be advantage
ously used for the public good, to Others
where not being required for the purpose of
discounts, and lying on their hands charge
able with interest, it presented strong
temptation to the holders 10 loan it on indi-
vldual security and for terms which might
disable them from retaining it when the
exigencies of the public might require
tie believed that the information could be
obtained from the Treasury Department
without putting the Department TO any seri-
Gus inconvenience or loss of time.
The resolutions was then agreed to.
HOUSE The Chair presented a letter
from the Secretary of the Treasury on the
subject of steam boilers; which was refer
red to the select committee on steamboat dis.
asters, and ordered to be printed.
On motion OF Mr. Harper of Pa, il was
resolved that Select Committee be appoint
ed to consider and report what measures are
necessary to restore the records, drawings,
models, &c, destroyed in the Patent Office,
and for their preservation in future.
Election of Chaplaim-Pursuant IN tha