Cheraw gazette. [volume] (Cheraw, S.C.) 1835-1838, 1837-10-11
SENATE.
Tnesdlg; Sept. 2S
THE SUB-TREASURY BILL,

vate petitious, tho Senate projected to tho
orders of the day, and resumed the consia.
GRAFTON OF the bill providing for the collec-
ton and custody of the public revenue to-
gether with Mr.. Ca'houn's amendment
thereto.
MIR. Webster rose and addressed the Sen.
ate about three hours in on argument 10
maintain. chiefly, two propositions, viz.
Is. That it is the constitutional duty Of
CoUgrosy 10 establish and maintain a cur.
rency suited TO the wants Of trade business,
as well as payment debts due TO the Gov.
ernment, and suited also to the carrying on
the operations of domestic exchanges, so far
at least those exchanges may be conducted
means cf a general and universally accred.
ted currency; and that there were duties,
therefore, dcvolving on Congress, in relation
to the currency, beyoud the mere regulation
Of the gold and silver coins.
Cd. That the Message OF the President,
the bill before the Senate, and tho proposd
amendment, all, in effect, disciaimcd any
such duty, denied the existence Of any
such po.cr. and confined the constitutional
obligation Of the Government to the single
object of ;uking care Of itself and it's OWN
revenues.
Mr. Hubbard Of ". II. followed in n
spaech OF an horr and a half in support Of
the bill; and then,
After changing tho hour Of meo!ing 10
i O'clock, instead Of 10,
On motion Of Mr. Buchanan, the Senu.e
adjourned.
Sept. 29.-Some memorials were pres
snted oy Mr.. Mexican, ,remonstra ing sgulnst
the admission Of Texas.
hlr. Webs.er submitted resolution d.
re ting and inquiry in:o the amount Of fees
charged by D:s1ric; A;tornies on the reney.
al Of merchants bonds.
sUB.TREASURY SYSTEM.
The Senate proceeded 70 consider tho
bill imposing additional duies as dePosa-
ries, in certain cases on public officers
Mr.. Buchonan spoke at length in favor Of
Of The bill, and Mr.. Preston agains. it till 8
o'clock when the Senate adjourned.
z7Eonaay Oct. 2. Nothing important was
done, some time was spent in discussing
the Sub. Treasury scheme; and the Nation
a Bank question.
Oe;sbcr 4.
svB-raEEsUaY SCHEME.
Tbs Senate resumed tho consideration
of the bill to provide for tho collection and
keeping Of the public money, with the
amendneat offered by Mr.. Calhoun.
II. Calhoun spoke moro than I'VE hours
IN favor OF the amendment, and the bill fGr
ihcr arguing mostly On points which he had
already adduced. aud replying to the re-
marks Of various Senator's, especially those
Of Mr.. Webster.
Wben he had concluded
Mi. Webster rose in explanation, aad re.
piled at some length 10 Mr. Calhoun, as,aiso,
70 Mr.. Buchanan.
Mr.. Buchanan followed in reply to DIR.
Buchanan.
Pho question vas ,hep pat On Mr.. Cal.
houn's amendment, which was as follows:
Add the following as new section:
Sec. Ind be it further soscscd, That
from anl after the frs, day Of January,
eighteen hundred and th;r;y- eight, the reso.
luton Of eighteen hundred and sixteen, au-
thoyizins the receiving Of notes Of specie
paying banks in dues 10 the Government,
shall be so modified that only three-fourths
of the amount due to the Government for
duties, taxes, salos ofpublic lands, or other
debts, may be received in the notes &.
specie-paying banks; and that from md at
tor the first day Of January. eighteen hun.
dred and lhirty-nine one half may be so re.
seved; and from and after the first day of
January, eighteen hundred and forty, one.
fourth; and from and after the FIRST day Of
January, eighteen hundred and forty.ene
all sums due for duties, sales of public lands.
or other debts to the Government, and all
payments to the general Post Office, shall
be paid in cold AM silver coin only, o. in
such notes, bills, or paper, issued under the
authority Of the United States, as may be
direc.edto be received by lay: and from
and afer the said first day of Janusry, in
The year eighteen hundred and for.y-one,
every officer or agent engaged in making
disburseme IS on account Of the United
States, OF of the General Post Office, shall
make all payments in gold and silver coin
only, or in such notes, bills, or paper, IS
sued as aforesaid, when authorized by law;
and any receiving or dsbursing officer, or
agent. who snail neglect, eyade, or violate
The provisions of this section, shall bo dis
missed the service; and shal.f forfeit all COM
pensation which may be due him.
Agreed to Yeas "a; Nays 90.
ieTae amerdmen, offered by Dir. Nives as
q substitute for the whole bill authorizing
the reception of bills Of all specie-payng
bank. uoi issuing notes ofless than S2o,)
vas then tried, and lost; Yeas %; Nays %.
o, ,,aa,Io,ont