Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-09-19
VOLUME III.
From Our Evening Edition OF Yeslerday.l
From Warrington.

From Evening Edition OF YeserdayI
From Washington.
We annex further comm unications from our Wash
ingon correspondents The drama is heightenng IN in
terest every day. This week will determine what the
exact policy of the administration may be hereafter
The probability is, that the old depose system VIII be
continued together with an issue oil treasury notes.
Mr.. Calhoun appears to be taking new course as to
CLAW and Webster they dead in the opposition,
right wrong.
CosGRgss OF THE UNITED STATEs-Tre.y.ffA SEES
sim ErtraSatrday, 10th Sept. 1887, SP. M-SENATE.
several petitions were presented and referred The
question being the third reading of the bill author
lie The issue of Treasury Senator Calhoun
and asked for posponement Of further proceedings
till Monday give him time to bring amendment,
by which he could test the of the Senate upon the
future policy of the government in relation 10 the
banks. The Hon. Senator gave some very torciblc
sons for this STEP adducg expose of his opinions de-
lvered the floor Of the Senate, in the year 1884.
The Hon. Senator Wright regretted that this question
should be proposed the condition OF the Treasu-
ry required the prompt action Of the Senate on some
bill to provide for the public service.
Senator Calho IN could not make up his mind upon
the merits of the bill, unless he informed to the
future of the party the subject OF banking ope
ratons. He persisted in his motion postpone.
Senator Benton could see no object TO be gained by
posponement and should vote against it.
Senator Walker disposed TO hear the arguments
of the Hon Senator from Carolina in support Of his
amendment His opinions at this time were Of great
an intense anxiety by the public large He would sup
port the motion to postpone.
Senator King from Alabama could not support the
rnotion Means had to be provided for the Treasury,
and he preferred taking the Of the the
question of separating Bank and State at another time
1t was all important question, question that nvolv
ed the independence OF the States he was for
calm discussion OF the subject when we had time.
Senator Niles perfectly willing to accord the
Hon Senator from South Carolina the time he asked.
Senator Calhoun observed that unless his request
ALL
In the measures then before the Senate. The majority
might have their way. All he wanted TO know
was what of policy the administration party in
tended to pursue in relation to this subject.
Senator Wright said, that so far as he concerned
he was favor Of returning gradually the connection
of Bank and State, but the views of the admins
tration he could not speak.
The then taken to postpone. Result-ayes
2s nays ls; the Hon. Senators Wright and Talmadge
voting in the negative
The Senate then adjourned to Monday, the 18th OF
September, III o'clock. A. M
HOUSE REPREsESTATIvEs-Noti in session, hav
ing djourned last evening over to Monday
From our Correspondent RotsscAild-No. KILL
WAsHINGToN, Sept. Is, 1887.
The doings of yesterday in the Senate, furnish key
TO future operations Mr.. Webster opened the debate
the posponng Of the last instalment He not in
his usual mood of eoquence Indeed there little
room for any indulgence in fancy. The subject
duced by the committee on Finance question
of fact, Sill Mr.. w. managed lug in head and
that part of the message where the President puts
forth the idea that government has nothing TO do with
the currency and the exchanges. The arguments used
by the orator all old, such as have been conse
Grated to the cause Of National Bank since the origin
ofthe government He termed the report of the Secre
ary of the Treasury the walls because the sub
ect Of Finance treated by him under heads.
How many Of the walls Of government wrath had been
poured upon the heads of the people, Mr.. W. did
not inform the Senate. IL look abroad however,
can see the effects Of of these valsthat Of the de-
If all UbolpQ vas
10 find that the committee differed with the worthy
Secretary upon the policy of issuing Treasury notes
without interest. The Secretary, said he went INTO
ombs Of the past and conured the ghost OF the old
confederation with its continental money, TO brighten
honorable II stalked across this hall few
days since in all its majesty, when hearing that the com
ittee intended put interest upon the proposed rea-
sury notes il fled precpitaely that bourne whore
pickering ghosts do walk He opposed to the post
ponement of the last instalment principles justice
and expediency We had excited aineng the states by
the law of 1896 reasonable hope that the money pro-
posed to be divided would be paid. They had entered
into upon the faith OF this expectation VAST
Just then to disappoin the states IL was ncxpedient
The passage Of this law placed the department in
better condition than il Ia The money proposed
be withheld from the states was IN the possession OF
the DeposIte Banks. Instead then ofc0mpellng them to
pay the government he would let be paid best
may be- the and authorize additional issue
OF Treasury to supply the wants OF the govern
Mr. Wright urged that he could do nothing less than
propose bin for posponepent. There were but eight
millions subject TO draft in the possession of the govern
ment basks The amount to be paid the states nine
and one third millions. He could to borrow
money, TO be lodged for safe keeping with the
Mr. Calhoun had hoped that the principles Of the mes
sage would be adhered 10. The details, matter Of
course, would follow the action upon the prominent
measures OF policy suggested by the President But
since the Committee on Finance had finished their
port by the proposition Of minor bills involving
great lea'ing principle. he was compelled say.
that the administration has most desperately abandoned
the ground assumed by itself VIII was this Shall
we never stop in laundering system Of legislation
and look forward the future HE had warned gen
upon increasing and deere asng
He era before hun total abandonment of
all guiding principle in the government-Treasury
notes,--French assignas,-hgh tariffs -direct taxa.
tion,-final bankruptcy, revolution submission The
present bills before the Senate nothing nothing
nothing TO the requirements OF the country.
Mr.. Rivcs came up to Washington to assist in some
scheme by which the distressed people could be bene
fitted To his astonshment he now learns tina, no bin
is to be reported designating the kind Of monies to be
received in future for the public dues. The bills now
brought in only aid the the PEG.
ple He was willing TO take oath 10 adjourn till
something done by Congress TO meet the Of
the country pour into her bleeding wounds the balm
of confidence.
The bill was ordered a third reading by vote OF
o. TO ls MIR. Tamadge tried in vain to kill tic bill
by substitute.
look upon the declarations of Mr.. Calhoun as evn-
Give OF his had the separation Of Bank and State
been insisted He would have supported IL. The