Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-10-10
From WashIn gt0m.
From our correspondent Rotaschild. No LIILI
WASHINGTON, Oct. 7, l63


Two hours were spent in dcsuitory debate this
morning upon the Florida War inquiry. We were
bored 10 denth with the uninstruced talk of Mr. Nc
Kay of N. Carolina. He cut oil in the midst Of
his speech by call to the orders of the day.
Mr.. Bell rose and addressed the House for nearly
three hours. He exposed the designs of the last ad
mnlstration in making war upon the United States
Bank. The intention was, to found government in
sttulion in connection with private stock holders IS
SUNG convertible paper. 1t was 10 be modelled al
ter the State Bank of Tennessee. He very
we're against the present rulers of the country. De-
clared that their intention was virtual conspiracy
against the freedom and prosperity Of the people, In
dulged in some wholesome political reflections. Urg
ed that the conservative Van Buren, and the Ill
ras had compromised for the present That the OBJ
Ject of the compromise was to save the New York
and Virginia Banks. He came down upon the Sec
rotary of the Treasury for daring to anticipate the
action of Congress by getting the plates for the
notes engraved beforehand. This is beiiered on all
hands. The attention of the House was called to
the fact in the morning but 1t would not entertain
a hearing of the matter
Mr. Bronson of New York denied that there was
any compromise. He is conservative He said
that the Conservatives were elected to serve the pre-
sent administration, and that they would do 1t. They
were going to throw themselves into the arms OF
the opposition because they differed from their friends
the subject of public printer, and one or two other
points.
Mr. Hulsted, from New Jersey, then took the floor.
Heis short parsy man, and speaks well. The bur.
den of his song the abuses of the administrator
Of the government. He disclosed no new facts and
exhibited no deep thought upon the subjects of egs-
lation.
The question recurring on striking out so much of
the bill authorized interest the notes. MIR. Rves
of Va and suggested sonie notifications on this
subject. He was in favor Of these notes forming
currency During his speech he got en,angled with
Messrs. Bell and Hopkins, who rose about twenty
times TO explain. They completely explained away
the grounds of Mr.. Rves' argument. He tried TO
rank Bell an enemy to the merchants Bond Bill,
because the Tennessean adverse TO the Treasury
Note scheme He said he came very near voting for
Mr.. Bells motion to strike out the enactng clause,
but tina, he indebted friend who told him the
effect of the move would be TO destroy the bill =
There's legislator for you'll He arrayed Thomas
Jefferson against his colleague Mr.. Hopkins for dar
ing to doubt that Treasury notes were constitutional
as a currency. Mr.. Hopkins very properly told him
that he was ard.money man, and went for the
common sense reading of the constitutions maugre
the opinions Of all our great statesmen. like inde
pendence of opinion where man has brains TO form
one. Hopkins appears 10 be well informed.
The question was then taken agreeing TO the
amendment and decided in the negative by MAORI
" of near so votes. So you see how the House
STANDS affected towards government rredeemable
currency. Eighty members ted for the amend
menL and they nearly all from the South. South
Carolina went for ii in toto.
MIR. Wise now proposed an amendment to this
that the President shall issue the Treasury
notes the crigenciss Of the government may re-
quire; as TO take the place of the phrase in the
or gnal bill, viz ;-as he may deem expedent. Car
ried without count. He then renewed the amend
ment 10 issue these bills without interest. Negatved
Next he proposed that the officers charged with the
disbursement of the revenue should not pay out to
the public creditor any of these notes. so long there
was O dollar Of specie or other available funds in the
Treasury. Great sensation
"The effect Of this provision will be" said MrCam-
breleng, cripple the treasury. Ii the disbursing
officer has $4,000 in specie on hand useful enough
for small claims that may come before him. he will
be obliged to pay me the whole OF this coin before he
can issue dollar of treasury notes, should bring
him draft for Sc, 000."
"Pll modify the amendment with great pleasure
sir" said Mr. Wise, 1T shall read thus-so long
there may be specie on hand sufficient TO meet the
amount to be paid. Will the gentleman (Mr. CO. vote
for il now 2"
aUnder no circumstances, will ]" replied MI. Cam
brelepg.
"Now understand you sir said Mr.. Wise, look
ing at the chairman with scewl awful enough 10
fright the soul Of the most undnunted.
Question question, cried MIR. Cambreeng.
"Are you sick, sir 2" asked Mr.. Wise, as quick as
lightning.
The Chair nterposed.
"Ths gentlemen did not call me to order. ! asked
him only if he was uneasy. He is the organ Of the
Executive government here, and in asking him this
question, ask the whole party in power. Aye SIR,
well you may cry question. Now / know you ore
urging heaven and earth to commit fraud upon this
people You order your myrmdons TO reject this
amendment Reject il, sir l call upon this house
and the country 10 know that you do not want 10
millions Of dollars for the exgencies of the govern
ment You want this money to found your execu-
tive bank upon. II is the lever with which you hope
to overtsrH the Liberties Of this people. Wise sits just
in front Of Cambreeng Yes SIR this is your lniqui-
tous design. THE table struck with great emphasis.
You know il, TOO. openly confess ! am in favor OF
these notes being currency They will be the living
contradiction TO your metallic lies. Ihope the amend
mcnt will prevail"
Mr.. Rhett rose and moved reconsideration Of the
decision made last evening of Mr.. Underwoods prop
oson to sell thc!U. s. b. bonds. Tremendous sensa-
ton in the centre, the extreme right; administra-
ton benches. Cambreleng got up and walked has-
ly down the aisle. Mr.. r. urged that he made this
motion from n conviction that the bill would not pass,
rs it would be amended. Some wanted the notes
without interest," some with, and some favored tho
Underwood amendment. Shall we endanger the 60
vernment by refusing supplies No. Let us concll-
late.
Mr.. Cambreleng. move call Of the house, Mr..
Speaker. This notion coming from so unexpected
quarter, renders full vote necessary.
The house refused a call.
Mr.. Wise withdrew his amendment for the mo-
ment. In the utmost excitement the vote was taken
to reconsider Lost, by ll3 TO Ito. The South Ca
rona delegation now walked out TO take the air
The question recurring on Wise's amendment Mr..
Thomas, of Md. spoke against it. and suggested in
conveniences.
will accommodate the gentleman, said Mr.. Wise.
I'll meet his objection toe mo disbursing officer
shall pay out treasury notes so long as there may be