Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1838-06-14
LIS Excclleney Gro K. GiLmfR,
GorcrH0r II Gcorgia. HHedeepdle, Ga.


WAsnINGToS. June 7. ls35
Thc resolution submitted YESTERDAY by Mr. Web
/ stcf ealing The Secretary OF tic Treasury Tor
ap official copy ollhe circular recently iss,ned by
HIM. WIS adopted to day. In ms great speech ON
the repeal OF the Specie Order, Mr.. Webster sad
that some further legal provision would he neccssa-
~, even though the repeating Resolution should pass.
The rev Creuu confirms the expectation he theu
expressed. 1t Is lfuc, thai some oil the conditions
AMI luilluons stated bs the Secretary are linpo-
srd ~ existing statutes, aud must be regarded such
a. that tuc bulls OF no bank shall be received which,
/ since lanc 1850, has ISSUED paid cut bills Of less
denomination rhtn five dollars. But all the
b1u.s some al the States, X nearly all ia Others is
IN tbs Ilcdo anfut, 1t Is necessary that some act Of
legs alton should be passed, Ia order to make the
lece resolution oil any practical elect IA those
States.
Mir. Webster minated tha he would propose
some measure on The subject at early day and
Therefore wished The Cuendr to be officially before
The Senate. Ibele are sumo pant, Of IT. Tor which.
IN ms olnon tiere Is 10 necessity, even as the law
now stands.
The Ban making appropriations FOR suppressng
Ia l@u llosuliues, winch VAS 50 fruitful OF debate III
/ the House, ordered 10 lhl,d reading by the
Senate, to-day, Htl. C5R.-iary Senators recording
then names IN favor Of II, aud az alus II.
debaIc oi eleu interest and ANIMATION nose on
the gen.ldl Indian policy Il lhe AdmMstauun-thc
conduct OF the llotda Nn-and some collateral
/ topics.
/
on the policy OF the Administration towards the
/ Cheiohecs but no opposition MAS made to the
/ Bill.
During the morning the resolution offered by Mr..
! MONS OF Ohle ior adjoumng ON The Second Of Ju-
! ~, was laid ON the table. The session VIII not be
,Iused before tue ninth oiJnly perhaps not before
the sixteenth.
Tie miscellaneous business was unimporlant.
Tie House MIS- .nq aged during the greater part OF
! the day with The PEE-rAPrioN Bit, which passed
the Senate some tme ago. 1t WAS discussed it
Committee OF the Whole which rose without com
us 10 any decision on II
WAsnINGroN, June s, 1s3s.
Mr. WmGHr, from the Committee of Finance
brought IN Report IA compliance with a resolution
offered by Mr.. WEBSTER, some days ago, and adop
! ted con. lnstluctng that Committee to lnquiIt
mic the powers ct the Secretary OF the Treasury un
der the Opposite Act OF 1886; and the eNpedleacy
repeating ccraln provisions OF Chh law.
Mr. WKIGnr moved that the report be printed anc
| laid on The table
Mr.. WEnsrERthcn rose and briefly referred to thu
opinions OF the majority rs set iofth IN the Report
! They hold the Secretary be competent TO reap
point, as repositories of the Governments banks tia
have merely suspended specie payments: and also
to receive thelrnotcs IN payments Of the public dues
but tha as the law now stands he IS not compelen
to select such banks h we paid out lssncd note
OF denomination less than five dulats; nor 10 re
Celte theit notes. SO far Mr.. W EBsrER under
Stood To concur with them. But as to the eNpedien
cy Of some and immediate acts OF legislation, ht
/ differed from he majority la concluding their re
/ port, they indeed admit that of no genera
provisions being adopted IN reference 10 the collec
lion OF tie revenue may be necessary make some
modification OF tle existing law. But they maintain
| that tins necessity should not be acted on TILL the
tate OF the Sub Treasury Bill should be asce,taned
He entertained entirely different views this point
and now gave notice that he would, as the re
! pon should be printed, introduce Bill making fur
ther provisions Tor the collection OF the revenue; anu
! embody ~ his views.
The Senate, continued Mr.. WEBSTER has alrea
dy aced as II the measure referred 10 by the Commit
lee Is not likely 10 become law because one part
OF 1t has been taken out and made law of the land
VIII oh would not have been done, ilany probability
had existed OF the whole measure being passed. IL,
expressed his sincere regret at the attempts that have
been recently made to revive and give action this
! Sub Treasury Scheme which had been looked up
on throue hout the country as dead and buried He
spoke OF the su den check wbich had been gwen
within short time to the ie-aw akenlng prosperit,
and enterprise Of lie people by the ntnatlons that
this odous and pernclous measure to be pro
pOsedby the Administration and might possibly BIZ
carried. lie alluded IN glowing terms to the bright
enng prospects that gaddened the heats of ALL few
days ago, when the Specie Circular was repealed
and declared his belief that if the men in power woulC
lei the Sub-Treasury Bill lie quiet aud supine, We
should find very soon the currency improved, pros
peliiy in mos desirable measure returned, aud con
hdencG restored TO the community. W he 10 revive
1t now has created, and can create, nothing but new
ALARM agitation, and excitement destructive 10 the
interests OF the country.