Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1837-09-29

ufacture of laws was not en- very labori.
Gus an operation after ALL It would seem
that the minority IN the Senate, have no
idea OF throwing away their powder and
shot for nothing; so they give the Chair
of the Committee Of Finance, q free rein,
and leave the battle to be fought in the
House; and it will be fought there, am
pretty sure, to some very good purpose.
Benton closed his Discourse upon the
Treasury note bill, with review Of the
several bills proposed by the adminis,ra.
lion each and oil of which, as he contend
ed, and undertook to show, was fraught
with vast relief not only TO the govern
ment but TO the people. But the greatest
measure of all was still behind to wit, the
proposed bankrupt law, most glorious
measures, which would restore the oper-
alton of bankruptcy to its ancient lcg'i-
mate original use which would break The
benches of those bankers who did not pay
their debts
Wdiker moved TO strike out the clause
which allowed interest on the notes. lie
SAID that as matters now stood cotton was
the only thing in which remit'ances to Eu
rope could be made, and this circumstance
tended to keep up the price of cotton;
whereas if these Treasury notes bear in
terest, they would be seized upon as re.
m'tance to Europe, TO the injury Of the
cotton market.
fright said, his only object was 10 get
the bill through as soon as possible, and to
relieve the necessities Of the government.
1t seemed to be quite matter of indlfar.
ence to him, whether the notes bore inter.
est or not. He would be perfectly salts
fled to get them in any shape. But as
some OF his own friends. as well as some
of the opposition had decided objection to
notes without interest, he shaped the bill
so as to get rid of that objection
King Of Georgia, undertook to refn'e
Waiher, and TValker replied. He modfi
ed his amendment SO as to limit the inter.
est allowed on The notes to three per cent.
W'ebster and Calhoun each spoke upon
the subject. Benton demanded the yeas
and nays. The amendment was lost--ayes
6, noes DO.
The bill then passed to be eDgrossed for
! for third reading-ayes 45, noes 5.
TUESDAY, Sept. 10,
Never have /. on similar occasion
experienced more disappointment than
did this morning. in listening to the speech
of Mr.. Calhoun. For the last ten DAYS
the city has been kept on tip.toe, in the
expectation of something extraordinary
from the South Carolina senator. 1t was
circulated in whispers that he had plan
by means OF which the community would
be relieved. 1t was, according to the
hope ard expectations Of his friends, O
sovereign penacea for all the Ills Of the
body polite. At length, on Saturday, il
was anticipated that The excited curiosity
Of the gaping multitude would be gta,lisd
But when the moment for development
arrived Mr.. Calhoun was not yet prepared
with his test question. He asked time
until Monday, and after a short sitting The
Senate agreed to grant the time, ant
adjourned.
This morning, at an earlyhour, the gal
lerles were filled to overlooking. The
House Of Representatives was deserted
and the floor of the Senate crowded.
will not attempt description of the speech
but must repeat was disappointed sore j.
disappointed. As to plan he presented
none. He said tn" treasury department
must be re.organzed, but he had no detail.
to offer. He expressed his hostility t
every measure that has We, been sngge st
ed. The only proposition he presented
was, that the Government should receive
until January, 1888, three quarters o
| their dues, in the notes of specie paving
banks. That the second year, they shout,
receive one half the amount, IN the notes
L. ( al ho nl,s Tho third
ter, and after that nothing bat gold O.
silver, or the paper Of the government.
In speaking of General Jackson aud hi:
administration, Mr. Calhoun was Ger,
nmiabie, much more so than | expected
Mr.. Benton made a few remarks; the poin
of which was. in the language Of the beg
gar glrl-ihat Mr.. Calhoun had stole hi
story. According to the speech of th'
Senator from Missouri, the Senator from
South Carolina had only taken up his bill
and his remarks on former occasion. ant
rcmoulded them. The friends OF Mr.. Cal
honn inform me that must not Judge of hln
by what he has said or done to day.
hope not.
lam compelled to believe that Mr.. Cal
honn has had some project in contcmpla
tlan; which for reasons of state, he ha
deemed It cXpedent to abandon, at n
events tor the present; and that in this di
> lcmna be offered the resolutions or amend
ments which he brought forward to.day
Although he has heretofore termed tn
proposition Test question, he did not pres
a discussion fit. There must have bee
n mighty falling off or he is not the ma
he is represented to be.
: In the Senate, the Treasury Note bill
: and the Merchants bond bill passed, an
! were sent TO the House.
Mr. Rives introduced his bill, whic
provides that the dues Of tho government
shall be received in specie or in the note
! Of snpcio novinr onLs n,oy;JoJ ,Lo, a.