State journal. [volume] (Montpelier, Vt.) 1831-1836, 1836-07-05

Itenily DO so when II embraced tie very
principle he had himself recommended
In the opening part of his speech, he
was evidently under the influence of very
strong feeling. lie spoke of the great tai
cnt and weight of character of his col
| league, Mr. Wright, whom, hitherto, he had
allowed to speak for him on subjects of
this nature. On the present occasion, how
ever he felt called upon to express his own
opinions freely and fully.
The speeches of Messrs. Rves and Tall
madgc produced an extraordinary impress
sion in the other House, as well as in the
Senate Chamber; and the members poured
| in in crowds.
Mr. Clay congratulated the Senate and
the country on the character of the re-
marks which had been made ny the Scna-
tors from New York and Virginia, and on
the prospect of return to sound, constitu
tonal, and true old fashioned democratic
principles.
SATURDAY, June lS.
SENATE. Mr. Clay, from the Committee
on Foroign'R relations, to which had been
referred the Joint Resolutions of the State
! of Connecticut, together with numerous
memorials and petitions, praying Congress
to recognize the Independence of Texas,
made a resolution on the subject The
report is not of great length, but its ability
| reflects no discrcdit on its distinguished
author. 1t concludes with a resolution,
"that the Independence of Texas ought to
| he acknowledged whenever satisfactory in
| formation shall have been received that ii
| has in operation n Government capable Of
/ sustaining ITSELF
MONDAY, June 90.
! House.. The Dcposite and Distribution
bill was taken up. A motion to commit it
with instructions to separate the two objects
! according to the proposal of MIR Wright in
tho Scnntc,) was rejected, 100 to 9G.
/ Mr. Hunt, by general consent, offered
the following resolution, which was read.
| ReSoived, That select committee he
appointed, with power 10 send for persons
and papers, to inquire whether any mem
Der or members of Congress have received
any accommodation or facilities from any
person or persons, bank or banks, in the
employment of the Government, or not,
obtaining the use of the public money for
the purpose of specializing in the purchase
Of public lands.
The main question was ordered TO he
put, and the resolution agreed to, without n
count.
The select committee was then ordered
to consist of five members.
TUESDAY, June 81.
House. The House took up, in Com
, mitice of the Whole, the Bill from the
Sena,e TO regulate the dcposites Of the
public money.
Mr. Anthony moved the following sub
stitute for the 18th section: Sec. IL. And
be it further enacted, That the money
which shall be in the Treasury of the Uni
ted States, on the first day of January, 1887,
reserving the sum of five millions of dol
lars, shall be deposited with such Of the
several States, in proportion to their re-
spective representation in the Senate and
House of Representatives of the United
States, as shall by law authorize their
Treasurer, or other competent authorities,
to receive the same on the terms hereinafter
specified; and the Secretary of the Treas
ury shall deliver the same 10 such Treas
urer, or other competent authorities, on
receiving certificates of deposite therefor
signed by such competent authorities, in
such form as may be prescribed by the
Secretary aforesaid, which certificates shall
express the usual and legal obligations of
repositories of the public money, for the
safe keeping and repayment thereof and
shall pledge the faith of the States rcccv-
ing the same, to pay the said moneys and
every part thereof, from time to time,
whenever the same shall he required Ivy
the Secretary Of the Treasury, for the pur-
pose of dcfrayng any wants of the public
Treasury, beyond the amount Of the five
millions aforesaid:
Provided, that if any State declines to
receive its proportion of the surplus atorc-
said, on the terms before named, the same
IL, lisorn,io,, ,r tho H.,
deposited with the other States agreeing to
accept the same on dcpositc.
And provided further, That when said
money, or any part thereof, shall be wan
ted by said Secretary to meet nppropria-
tons made by law, the same shall be called
for in ratcable proportions, within one year,
as nearly as conveniently may be, from the
different States, with which the same is
deposited, and shall not he called for in
sums exceeding ten thousand dollars, from
any one State in any one month, without
previous notice of thirty days for every
additional sum of twenty thousand dollars,
which may be required.
The part which alters the ratio of disri-
button was Withdrawn, and Mr. Anthony's
amendment passed l23 TO So
Mr. Mann of n. Y. moved to strike out
the word "Senate" from the section as
amended, so as to have the surplus dstri-
buled according to federal numbers, but
afterwards withdrew the amendment.
Mr. Ripley said his object was 10 get the
public money out of the hands of the De
posite Banks, where, he was persuaded, it
was doing much mischief. Companies,
and large companies were constantly form |
ing TO purchase, with means derived from
the Dopositc Banks, that fair and fertile
land which was the birth right of every
American citizen. Could it be wished to
throw this territory into the hands of Il
few wealthy proprictors,an to increase the