The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1837-09-29

IL IN otNutcs-i nc UAl tof tnc ISSUE Oh
Treasury notes having been postponed %
this day, in order to give Mr.. Calhoun an
opportunity Of preparing an amendment,
and Of offering his sentiments generally
upon the subject. was now resumed by
the Senate. Mr.. Calhoun then rose
and addressed the Senate in speech,
occupying between one and two hours.
On concluding his speech, Mr.. Cal
houn submitted his amendment, which
provided that from and after the lst Of
January next three-lourihs Of the money
due to the Government may be paid in
notes Of specie-paying banks; that from
! and after the lst Of January, 1899, one
half might be paid in such notes; one
quarter after the LIST Of January, 1870;
| and that from and after tie LIST OF Janua-
Try, 1871, all sums due the Government
for customs, lands, &c. shall be paid on
ly in the legal currency Of the United
States, or in such notes, bills, DC. as
should by law be ordered. ..xs.
Mr.. Benton, after expressing his en-
tire concurrence in the amendment IL
Mr.. Calhoun, sent to the chair two
amendments of his own, which he said
comprised the substance Of the bill intro
dueed by him two years ago, So 10 re-es-
tablish the constitutional currency OF the
country" His first amendment provides
that, after day to be specified, all the
public dues should be paid in gold and
silver only, and in Treasury notes and
land scrip, as might BY law be authoriz
ed; and the second prov des that after
tie resumption of specie payments BY the
banks, the Treasury should begin with
specie payments.
/ These amendments, together with Mr..
Calhoun's, were, ordered TO be printed.
The bill was then ordered TO be en-
! crossed and read third time by the fol-
lowing vote:
Kas.--Messrs. Allen, Bayard, Ben
ton. Black, Brown, Buchanan, Calhoun,
Clay of Ala, CLAYTON, Fulton. Grundy,
Hubbard. Kent, King Of Ala, King Of
Geo, knight. Lyon, Mexican, Morris
Nicholas. Niles. Norvell. Pierce, Rives.
Roaue, Robbins. Robinson, Ruggles, Sc
vIer, Smith Of Conn Smith oI Indiana,
Strange. swift. Tallmsdge. Upton. Wal.
ker, Wall, Webster, White, Williams,
Wright. Young-42.
| NayS.-Nlessrs. Clay Of Ky.. Critlen-
den. Preston, Soulhard. Spence--5.
The bill to extend the time for the pay.
ment of duty bonds was amended, by ex-
tending the time to nine months, and or
dered to be engrossed.
The bill to adjust the remaining claims
on the deposite banks, was also amended
and ordered to be engrossed. The pay
ments to be made by instalments, in four,
six and nine months.
/ ( In The House Of Representatives,. after
the presentation Of petitions, most Of
which were anu.Texan. Mr.. Csmbre-
lenu, from the committee on finance, re-
ported without amendment, The Senate
/ bill for adjusting The claims of The U.
States upon The late deposite banks; also
a bill for the deposite Of merchandise in
the public stores; also bill TO revoke
| the charters Of the District Banks. in Ger.
tain cases; also, upon leave, bill appro-
priating 100000 dollars for the suppress"
ion of Indian hosiilities in Flonda--all
| which we're twice read and committed.
After the adoption Of, various resolu-
tons calling for Information, Mr.. Garland
offered a project as a substitute for that
reported from the committee of finance.
which was ordered to be printed for the
information Of the house.
| GThis bill proposes The reception, in
paymen, Of public dues, Of the notes OF
specie paying banks, and the employment
| ofsuch banks as repositories of the gov
| eminent. under certain restrictions.
The House took up the Senate bill for
the postponment of The 4lh ins'alment
directed by the 18th section of the dePo-
site act to be made with the States. Mr..
Dawson of Ga, moved its pos,ponement
for the present, until further information
could be procured. ,.: 81.