Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1837-10-13

unuer the AN ku'e (regO'h''nS au'hlss'oh
upon the floor of the Senate.
lie accused Webster of having denoun
ced him, instead Of having answered him
whence he concluded that lie was unan
swernb'c.
He maintained that his proposed national
currency was the very panacca for oil
evils; and that n"body had shown that IT
tcas not 80. Ought no, Calhoun in the first
place to show, That it is?
lie gave an interesting historical sketch
OF the several national bank propositions
brought forward at the short session of
1914; with view Of explaining aud vim.
dica,ing his conduct on tia, "ccus'on.-
There are two versions of that matter; we
shall have. expect. anoi her and different
sketch of Calhoun's conduct OF that time.
He declared, with great solemnny, TINT
he tad no hostility To I he banks, only to The
banking system! He was no enemy 20 the
existing banks, but only TO TINT system
upon which that existence depended
He was in favor Of Individual banking
and a government currency.
He wound up with declaring tina, he had
no, cha nged his political posi'lon in the
least; II the administration proposed such
measures es he could support. he would
suppo,t; if not. he would propose measures
of his own As much as to say Gentle
man. iCt o with you. must lend you.
Webster 'eplie0. that when a man was
answered. he was apt, sometimes. I" evad"
the answer. by calling it dcnunca''on. 10
the few rema TX $ he had made upon the new
plan of national currency. he had merely
intended 10 cx, Dress his profound ns'onish
,npnt. that al his late period Of that gen
tleman's polnica life. after the distinguish
cd part he had ak en-. tor twenty years, on
financial questions, he should have gone
back to mere cot III mental money! and he
proceeded TO show :hat Caihouns currency.
was precisely cont nc NAL money, and moth.
ing less.
As,o his sketch of the history of the
banking system. the, was 40 DOUBT some
general correctness w II bni !, was a!"-
gethpr too vague. the gentleman, IN Tact.
seemed tn gencralze h is few facts 0'y"nd
all hmt Of general apI'ch''"n ono NJ
uroc "d"d tn cuniroyeti ana I" rcpel ~"
tcver1i crncjn-,oos. and g"n"r'l doctrines
" Inch Caihotm had adval 'c''d.
hnpr finishing with T. 'n'hoM, Websier
Of Buhnnrn's speech the u, her day.
Th. HoU-E has been occ, ip'"d all day
on the Mississippi el"c'lon. The debate
goes on but u" quorum Is p resent. 1n'
races begin to-day.
WASHING ro y. Oct. 4.
The Senate have been di.t .uSslng Mr.
Web.,ers proposition to-day with refer
encr to the atlovnlcs and the fees on the
bonds.
The House have been all dav n the Ma
,onal Bank question and the Trea sury not.
bill.
Mr.. Sergeant having spoken two parts
OF his speech agalns, the Resolution at ,hf
COMMITTEE of Ways and Means. that it i.
inexpeden, TO establish a National Bank
to day told the House that he looked upo'
this mode Of discussing questions of de"l
in,ereS, as Destructive nf every thing Ike
free debate. aud that mode of del,bera',ne
upon questions Of importance. which II b.
came The Congress of The Uuied States Il
bpstow upon them. He wanted the sub
ice, TO be more fully discussed, and moved
It's reference to the Committee Of th'
Whole.
Mr.. Cambrelpng opposed this, as did NJ
Clark, of New York, one of the conserva
tves so called. Mr.. Adams and Mr.. Wis
were IN favor OF the motion, the fnrmer be
ing a'her incl, ned to lay the whole snbjpc
on the tube. They could conceive no rea
son why this. tn plan Of large portion q
the country for restoring n good currency
and healthy 10 ne Ia b" financial concern
Of the country. shnnld not be acted on ,
the same way. nd under the same advan
iages as The pia rs of the administrator
party and the con serva'ives, both OF wh'c
had been referred 10 the Committee OF N
Whole. The onl y reason was that III
Chairman the c. mm',ee OF Ways an
Means wished to K, yep the subject in tt
House, under his co n'rol, and 10 make
appear, bv raising his false iSsn" TO It
country, tina, the ire, Is of The Bank we
urging fnrward rhelr ia n. and were sigma
ly rebuked by the maj "'iy there.
The hour devoted to 'h is subject e'aps'
without laklhg any que 81 ION as TO the IN
ton TO refer.
In the course ofths debate. which W
very interesting. Mr.. 4Ioams replied
what Mr. Cambreleng said to him the 9th
day about beng up and "'p etng the mark
IN nd Of The admlnlst taiinn IN i's Efforts
check IN" undue Influence ,'f banks, as
had animated his w,lligncs, ; TO do, IN !
letter to Mr.. Foster OF Bost on. Mr.. A
ANS told Mr. Camsreieng he must ma
his "mark" slraighler, before CO u'd conse
Ia toe" ii. At present II WIS what va
KEGS would call Virginia fence.
The Tfeasury No,c issuing bill, DIRE
in nT hn
of The session. He went at I"h9 IN inl"'
presen, state OF he finances of,h, ':""nt'
into the causes Of their derangcu vent. a
the means suggested, IN various d, re c''o'
for their Improvement. Some other spe"c