Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1837-10-05

The question to suspend the rule, was
negatived yeas 50, nays l0l.
A resolution was offered and adopted,
calling Oh the Postmaster general for III.
formation respecting the course of the
Express mails. and The expense attending
the establishment.
sUB-TREAsURY SCHEME.
Mr.. Stanley, ofN. C. offered reso-
luton, calling on the Secretary of the
Treasury for inCorNatinn relative 20 the
details Of this sysiem-the number OF sub.
Observation-Disclosures new buildings, &c.
which would be required. This lies over
one day.
| NATIONAL BANK.
! The resolution of the committee Of
ways and means, declaring The establish.
ment of National Bank inexpedient,
came up but Mr.. Sargent, Of Pa. who
was entitled to the floor. said that he was
80 indisposed thai he could not go on (;
aud at the suggestion Of Mr.. Cambreleng,
the whole subjec: was postponed to
s tnrday next, when it will take prece.
dcnce of all other business.
NORTH EASTERN BOUNDARY.
Mr.. Smith, of Maine, moved that five
thousand additional copies Of the presi.
dents message, communicating the cor
re spon!cncc on the subject of The north
eastern boundary, be prrtrd-which was
agreed TO.
MISSISSIPPI ELECTION.
The resolution reported by the com.
mit'ee on elections, declaring that Mcssrs.
| Gholson ard Claiborne have been duly
elected members OF the :,5:h Congress,
and are therefore entitled to their seats,
was taken up for consideration.
Mr.. Marry, OF Tennessee. on the part
oflhe nanority ofthc committee. express.
ed their dissent to the resolution of the
maj 'rity. and entered at length into the
reason OF that dissent.
lie concluded by moving as m amend
ment 10 strike oui after the word resolved
land insert n resolution declaring that
Mcssrs. Ghols1n and Claiborne had no;
been properly elected members of the
present Congress, and were not entitled
to seas it, the House as such.
Mr.. Pennybacker replied, and spoke
| in support Of the claims Of the sitting
members. Tho debate was interrupted
By the arrival Of the hour for going to the
orders OF the day.
The debate on the postponement bill
was resumed, Messrs. Menilee, Wise
and Dawson, opposing; and Mossrs. Fry,
Potter and Hamer, supporting it.
Mr.. Dawson had proceeded for a
short time, when he gave way for a
motion to adjourn, which succeeding, the
House, at nearly 8 O'Clock, adjourned.
| In SENATE Thursday, Sept %, The
Vice President took the chair at 10 o.
clock.
A number Of me emorials and petitions
were presented, demonstrating agains,
the annexation of Texas TO the Union.
1 The Senate then took up the bill cs-
tablish,ng the
i sUB-TREAsURy SCHEME.
L MIR. Webster rose and delivered his
sentiments at length on the bill and the
general financial policy Of the govern
ment. lie said this measure involves a
question far transcending the Importance
of the present exigencies Of the country.
lie wished to draw the attention both OF
| Congress and the country to this ques-
! I,ion because it affects the principles OF
the government, and therefore the pros
+; perity and liberty Of the nation in all time
10 come. lie referred to the high career
thc country had run hitherto /; and said
it was on. part of the conduct oi the
/ government to take care ofihc currency
In this connection he spoke of the two
previous national insti,utions-how the
manner in which they had managed thci'
/ affairs was entirely uncomplained Of
Il The last institution of this kind had be-
! come obnoxious to the government, in
! deed; but the great mass Of the people
had been entirely satisfied with the mode
in which it had conducted its business.
/ FIe next spoke Of the state bank sys-
TEN ~ a substitute for these institutions;
and dwet upon their utter and complete
failure.
The administration now, said Mr.
Webster, having seen the failure Of their
state bank experiment, must go back to
the old md approved system, or must
take something new, and proceed on the
ground that Congress has nothing to do
with the regulation Of the currency
This latter, he maintained, was incon-
sis,ent with plain constitutional provis.
ions, and the whole practice Of the gov
lernment.
| This then, said Mr.. w. is the question.
flas the government the power and the
obligation to take care Of the currency