The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-09-26

~ deemed tlat he kAa proved them He knew Whit
ney 40 the agent Of Of the banks alluded TO- bat fur
lher than this he knew him not did he care what his
character conduct had been ; he viewed HIM only as
an American citizen, and such, he he'd rights secured
by the Constitution that those 10 power had no night to
Eske from hi lie consideked duty project esefy
Individual until the charges brought against hun 30 PROV
ed Surely be did not look upon this a. bowling Al the
fo0tsoo Of power to protect this individual under lhe
circumstances Of the II il was, however. he was
read, take his share Of lhe responsibility lie cared
not what charges gentlemen might make against hun
he there the representative OF independent and
Of nsgnanmous people, who were NOT 70 be deferred
from the support Of administration which they bcley-
ed acted in accordance with the republican principles
contained in the Constitution by the Recommendations 81
any sct OF men, any party lie had not changed his
mind since no to this House He had not seen the
conuptons of which the gentleman from Virginia had
spoken And he had changed his political opinions
since he came here He had not discovered those
rup.ons and until he did discover them, he rea.
son for changing his political opinions When he had
the evidence Of them presented to him. then i would be
time enough change the opinions be entertained when
he entered this House. When that occurred he could
return and tell bis constituents the Of his change,
and IL they went with him, be 50 but until be made
this discovery he should continue to support the party
he had heretofore supported.
The gentleman from Virginia tells that he has dis
covered thai the States the bidding Of the
President. Now he (Mr. G) Represented Of those
States, and he would take the liberty OF informing
that gentleman that was neither at the bidding OF the
President of the monarch Of bank rags. Although
they sustained the late President and his administration,
they did because they looked upon that administration
as acting accordance with republican principles. This
the they sustained that administration, and
not because they we're bought Up. II they could be
bought up, they would be bought up by the banks Il
the banks that bought up men, aud not the admins
tration Wherever you find the influence Of banks ex
listing any extent there you viii find the aristocracy
OF wealth opposed TO the democracy OF numbers; and
wherever you fndsgentlemen who have worshpped the
golden calf you viii find that they have abandoned the
good old republican doctrines, and cry out loud aud long
against the party power and those who sustain it
The only persons in the State he represented who were
violently opposed the administration, those who,
like the gentleman from Virginia claim to possess all
the talent, all the dccency, and all the worth Of the
country.
The gentleman from Virginia further charges the de-
mocraiic party with being sustained BY corrupt press
Now, if the press had been corrupt had become uni
versay corrupt and if the press in favor Of the admin
straon corrupted by the administration, the press
of the opposition corrupted in the ratio by the
opposition party who had the command of nearly all the
wealth in the country large majority Of the presses
of the country, far his observation cxtendedand
in the State Of Mississippi two to onewere opposed 70
the administration and this arose, In his opinion, from
the fact that the wealth Of the country be found
in the ranks Of the opposition The press, then, with all
its corruption is against us, if tits corrupt He denied
the charge, Internationally, that the States had
been bought up by the administration, and was in
suit TO the people Of the States make this charge
II the gentleman from Virginia represented consti-
tuency that would be bought up brbed he had moth
ing to say iii but for himself and his colleague, (Mr
Claborne,) he claimed to represent intelligent in
dependent people, who would not, and could not be
bought up either by Government the banks and who
to be frightened by the cries Of the gentleman
and his party from the even tenor Of their ways
Mr.. LOOMS, Of New York, commenced some
marks defence of the majority Of the Committee, end
particularly his friend (Mr. MANN from the charges
brought against them by the gentleman from Virginia
but he interrupted by the call for the order Of the
day.
Before going into committee,
Mr.. GUSHING, Of Massachusetts inquired of Mr..
Cambreeng whether il his purpose to endeavor
close the action of the committee the present bill this
afternoon
. Mr. CAMBRELENG replying in the affirmative,
Mr.. CUSHING further inquired whether it was the
expectation Of that gentleman that the committee were
to be choked off from the discussion!
MIR. C<AMBRELENG. Certainly not
DISBURSEMENT OF DEPosITEs.
On motion ofMr CAMBRELENG, the House then
went again into Committee of the Whole on the state
Of the Union, (Mr Haynes Of Georgia in the chair)
and resumed the consideration Of the bill to postpone
the fourth nstalment Of deposite with the States
In answer TO an inquiry made by Mr.. GARLAND, of
Virginia, HSl ~ fG
Mr. CAMBRELENG, stated that the passage Of the
bill through the Senate, extending the time Of payment
Of merchants bonds nine months carrying the first pay
ment to February next, and that from merchants bonds
not commencing to be paid till then, there not only
demand this time for Treasury warrants and drafts
but they had fallen four cent since the passage Of
that bill BY an almost unanimous vote Of the Senate.
The bill extending the term Of paying the balance
due from the banks to four six, and nine months hav-
ing also passed the Senate by, he believed unanimous
vote, had had another effect drafts these corpo-
ratons; which would render that portion Of these
balances unavailable TO the Treasury upon which cal
culatons had been made to pay current expenses. As
the credit commences from the day they refuse pay
them, they have every inducement not to paw and will
refuse to do SO in oil where the bank desires
use the public money for four, sir, and nine months
The consequence Of these measures having pass
ed, the action Of the merchants lin purchasing these
drafts and the action Of the banks in consequence Of
the passage Of that bill, the Treasury actually de-
prved at of all the funds in the banks through
the United States and deprived of all its resources
to meet the expenditures of the present year. On this
ground therefore, he appealed to the committee to say
how long this government could be supported depend
ing as it did on the trng cash receipts for lands
and revenue.
| Mr. C. added that he had been informed they had
even been compelled TO thirty thousand dollars
from the Treasury to the Custom house at New York.
to pay debentures and current expenses Under these
circumstances, he thought he might confidently appeal
gentlemen all sides Of the House for their concur
renee in more prompt action upon the various bills
| before the House.
Mr. SMITH, OF Maine, who was entitled to the floor,
when the House adjourned on Friday proceeded to adj
dress the committee at length, in Speech at the close
Of which he declared that il the House should take the
bill as il came from the Senate, he vote against it
but il it should be amended honestly 10 declare that
the fourth nsalment repealed (Which would be the
effect Of the billy he should then vote in its favor.
Mr. THOMPSON, Of South Carolina and Mr.
HALSTEAD, Of New Jersey, spoke in succession at
large and earnestly in opposition TO the bill before the
committee.
Tn motion Of Mr.. WILLIAMS, OF Tennessee, the
commte then rose by vote Of 80 to 10 and reported
progress.
Mr. GARLAND, Of Virginia. rose and stated that,