Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-05-18

With a view 10 noint out Inconsistencies, and 10 prove
that il had been intended from the first 10 es'aoi'sn d
Government bank and a Government currency, ana ''d'
this bill was intended, i'll part, TO carry out that sche"'e'
MIR. Stewart then inquired II there was a quorum
The Chair replied it was manifest there was not a
quorum.
Dir. Goode took the floor, and was going on with some
remarks in opposition 10 the bill, when he was inter
IuH,ed by
MI. Williams Of Kentucky, who rose 10 n point OF or
der, and inquired if there was u quorum present. ne
moved a call of the House, for lie wished to get out Of
that place before night.
Mr. Goode begged the gentle man 10 withdraw his mo-
ton. and allow him TO proceed. He would no, detain
the House long and feeling compelled 10 make snIne
obser va,ions, he would rather do i! then, than at such all
hour as that at which the House adjourned OH Sunday
morning.
MIR. Williams consented 10 withdraw his motion,
again repeating, that he wanted 10 go home before mid
night.
Mr. Goode then went al some length into an examina-
ton of the messages of The President of the special and
tie present sessions. and into n history Of the various
propositions of the Secretary Of the Treasury, in orderio
show that the pretenccs that something was necessary 10
he done to relieve the wants Of the Treasury, all ended
in The prosecution of a plan TO establish a Sub. Treasury
or Government bank. He was willing TO afford the 20.
ycrnment all the money that was necessary TO carry Oh
its operations, and he would at any time vote for sup
plies, but he was opposed 10 the Sub Treasury and 10
the issuing of Treasury notes.
MIR. Sergeant then took the floor, and after complain
ing of the short notice previous 10 the introduction OF
this bill, and Of the attempt 10 hurry It through the
House, he spoke of errors in the statements "t The Be-
cretary OF the Treasury, which rendered them unworthy
of confidence as the foundation of financial action; and
then went at length into the discussion Of various topics
connected with the bill, chiefly in reply 10 the remarks OF
MIR. Cambreleng.
At five o'clock, Mr.. Sergeant gave way 10
Mr.. Russell, who moved that the Committee rise.
The question being taken, resulted in The negative
yeas ~, nays s..
Mr.. scrgean, then resumed his remarks, and objected
to the bill, that it empowered The Government TO make
paper money; whatever name It might be called by,
whether q loan or not, in fact authorized the creation
Of money, which the public creditor would be compelled
10 take; and he compared it with the old continental mo-
ney, which he thought the best OF the two. This paper
money, he contended, would pass as a currency, and
from The first had been intended so 10 pass, and IL would
be injurious, by causing confusion in the currency, aud
that at the very time, when It was SAID that there was
n redundancy Of paper money; and 1t would tend IN The
present state of disorder in the currency 10 prevent It's
returning to order. 1t was liable TO another objection;
il was delusiye and seductive, and would prevent a due
regard 10 economy, and would lead TO extravagant ex.
penditurcs, and not only that, but it would be constantly
fluctualinr like any other paper money. He preferred
a restoration Of The currency of the country 10 a sound
basis, and would supply the Government by making d
loan from abroad.
Mr.. S. having concluded
Nh. TiIlinghasl, at half past ) o'clock, moved that the
committee rise; which was disagreed to-ayes 80, rocs
81.
Mr.. Tillinghast spoke for some time, and then gave
way a few minutes after & O'Clock TO
Sir. Cranston, who moved that the committee rise
lost-ayes 81, noes %.
MIR. TilIinghast proceeded till near ! o'clock, when
be gave way; and
MIR. Robertson moved that the committee rise, and
proposed that the bill should be taken out of committee
Tomorrow, and that the final question should be taken
on the day following, provided the previous question
should not be called before four o'clock.
He made this proposition in 4 spirit Of compromise,
that the House need not be wearicd with a night ses-
sion, and that a reasonable time might be allowed for
the discussion of so important a measure.
The question was taken, and carried in the allirma.
tive-yeas 81, nays 60.
Mr.. Evans moved an adjournment.
Mr.. Bronson called for the yeas and nays, but they
were refused, 90 in The affirmative, and l2S IN the mega
tive.
The House then adjourned.