The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-10-12
TwENTY-FIFTH CONGRESS-
EXTRA SESSION.
Tursp.y. Oct. 10.

TUESDAY, Oct. ~.
Mr. BUCHANAN presented sir circumstances
,gainst the annexation Of Texas, from Philadephia
county and city. and Montgomery county.
An Act 10 regulate the fees Of District Atorn'es ~
.,,.in cases was read q third time and passed.
A hin from tho House, authorize the issuing oil
Treasury notes. was read first and second uine' and
referred. !,
Mr. WEBSTER remarked the irregulsrity Of
or;a;natinp a bill Of this character 10 the Senate The
Sa which had passed the Senate was returned by
The House. and the House had their bill TO the Sc
nate He had always supposed that q bull creating
charge on the people, should originate in the House
wAREHousINe system.
The Senate resumed the consideration OF the bill to
anthorse the depositng OF merchandise IN the Punic
warehouses in certain cases.
Mr. CALHOUN said he had prepared an amend
men the adoption Of which, would remove all ms op
,ectons TO the bill lie then moved provlso making
ontiona with the importer agent 10 take the credit
nroyded BY the existing law, until July ], 1872 or to
sccep, the provisions OF the law now under consdera-
ton. -. -
Mr.. WRIGHT said he was willing to accept the
MIR CLAY, OF Kentucky, thought the proyiso ex-
sn,ionabe because the effect would be TO throw the
American manufacturer and the American merchant IN
the mower OF the foreign merchant who, whenever cir
eumstances pointed advantages TO be derived from
such course might take The goods by paying the
The further of the bill ill the first Monday
in December.
Mr. CALHOUN said he did not wish to press the
amendment against the sense Of the gentlemen who
presents the mercantile and manufacturing interest
Mr. NILES said a few words in favor of the existing
system as most calculated to stimulate Importation, but
thought the abolition Of credit essential to the stability
of our commerce, He in favor OF the amendment,
although he did not exactly approve the principle.
Mr. WEBSTER said the amendment was entirely
inconsistent with the provisions OF The bill lie ex-
pressed himself favorable the abolition Of the credit
SYSTEM but wished to postpone the final action oil the
bill until the next session.
Mr.. KNIGHT was in favor OF the postponement, and
the yeas and nays being ordered the question de-
cided in the negative-Yeas u, Nays %
The question was then taken on the amendment Of
Mr. CALHOUN. and decided in the negatiyc-Yeas
IA, Nays %
Mr. CLAY, Of Kentucky, moved to strike out the
fifth section Of the bill, but afterwards moved TO post
pone the further consideration Of the bill until to NOR
row, which was agreed TO-
TREASURY NOTES ..
Mr. WRIGHT, from the Committee on Finance, re-
ported bill from the House to authorize the issue OF
Treasury notes without amendment.
The Senate proceeded to consider the bill
Mr. WRIGHT stated that the difference between
this bill and that Of the Senate consisted st in the
duction Of the value Of the Treasury notes, making it
lawful to issue them low fifty dollars ID in pro-
vding authority reissue these notes. 3D. llmi
taon or the time during which these notes may be is
sued. 4th in the introduction Of two sections to
prevent the counterfeng Of the plates, and to prevent
accumulang interest from accrung to the benefit of the
receiving officers. Ng
MIR. BENTON moved to amend the first section by
striking the word ilty," and inserting the word
lone hundred" to make it conform the prov-
sion in the Senate bill ls.a .E ~.
Mr.. CLAY of Kentucky, re-stated his objections to
the bill, and said it merely establishing Govern
ment bank MI.
Mr., CLAY said he would vote for the amendment
Mr. WEBSTER gave, in few words, his reasons in
support of the bill. The Treasury notes could never
become currency, because they would always be be-
low par He in favor Of the amendment and asked
for the yeas and nays, which ordered,
The question then taken on striking out and in
ser,ing and decided in the ncgatise-Yeas l6, Nays
IS
The bill was then ordered to be engrossed and read
a third time.
+ The bill then read third time, and the ques-
ton Of its passage, Mr. WHITE asked for the yeas and
nays, which were ordered
The question was then taken on the passage Of the
bill, and decided in the affirmative-Yeas IS, Nays 6.
On motion Of Mr. BUCHANAN, the Senate pro-
cecded to the consideration Of Executive business,
And then adjourned. "a.-.