Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-03-10

From our E~esmE Edaios OF yesterdsyI
Important from w ngton-- sab Treasu

the Senate, From the vote tnerc cah DC NO ooop' VI
the passage of the Sub Treasury Bill in the Senate
Its fate in the House is not so certain.
IFrou SoGsherx Papers.l
In the Senate on Wednesday. the presentation by Mr.
TALLMADGE Of the memorial of certain citizens of
York against the Independent Treasury scheme gave
rise to a debate of the interesting character In
which Messrs. TALLMADGE, WEBSTER and WRIGHT
took part
Mr.. TALLMADGE said that the impression had recent
" gone abroad that the Sub Treasury Bill might
only pass the Senate but the House of Representatives
In consequence of this impression, which had gone
abroad over the country; this petition had passed from
hand to hand among the legal voters of Newfork Mr.
t. continued his remarks length, setting forth
IN vivid light the condition of the country-its dis
causes OF embarrassment &c
Mr.. Talmadge made hesitation in charging the pre-
sent condition of things mainly to tue Administration
and at length he commented upon the severe
and runions effects Of the experiments OF the Admin
istration.
Mr. WEBSTER said he wished say few works up
on the question before the the Senate memorial was
before the Senate from than 5000 legal voters
The memoriasts had acted under the apprehension
that the bin before the Senate might pass both Houses
of Congress. Mr. Webster said he wished he was sure
that that apprehension groundless lie hoped II
was, bat he feared not Mr.. W. said, IN speaking OF
the resolutions before the Senate that there was no
doubt that all these men, even though some OF them
were friends of the Administration, and distinguished
friends of the Administration would be represented as
under the paw of the monster
ing the Senate give tina: attention these memoir
ais which their importance deserved. Congress was
TOO much accustomed TO be Indifferent TO such petit
tons.
Mr. WRIGHT followed Mr. Webster, and begged
leave respectfully dissent from the opinions of his
colleague in regard the of the extent OF the
embarrassments of the country. Mr.. Wright thought
that the memorial Of his constituents iltimed and
calculated to ntiict deep wound upon the banks and
the business of the country regard to the resumption
of specie payments He limited strosgy that the re,
marks of his colleague and Mr. Webster Intended
10 get up up panic, Just at the time the banks were
ready te resume specie pay nents.
Mr. Wright though that the prospects OF the country
Frightening, and very glad to hear the opin
expressed by his colleague that there danger of
its passage. Let it be passed, said Mr. Wright, and
the country will become quiet and its business revive
and improve Mr.. Wright then joined issue with MIR.
Webster.
Mr.. WEBSTER replied, and said Mr.. Wlght's re-
marks made the reply necessary. He told Mr. Wright
that for years past he had advanced set OF opinions
and the Senator from NewYork another Sc, of opinions
and the question now was, who right and who
wrong. / did make predictions, continued Mr. Web
ster. when the deposites removed in 1888.
made them in "a and 35 and then said that the effect
of the eff the Administrator TO flood the
country with irredeemable paper, and withdraw and
keep of circulation and of sight all the specie.
Was right. was mott said that the State Banks
could not do what the Senator from New.York said
they could do. Was right, was l not? predicted
that the the country would reach Just such crisis OF
embarrassment we have reached. Was right,
was | not
] believe, continued Mr.. W., that those petitions
against this bill and wish there than there
are calculated TO make business beuer-even TO
aid the resumption Of specie payments which the Bill
before the Senate will certainly protrac by drawing
specie from circulation that may form the basis of the
Dill before the Senate Mr. Webster argued and proved
that the Sub Treasury Bill could possibly better the
condition Of the country by any means even place it
IN its former state OF prosperity.
Mr.. TALLMADoE followed Mr. Webster IN reply TO
ole and into, tanla d NJ
some events, prove that the late Admnistra
tion had greatly contributed the present fororn
barrassments of the country MIR. T. rected the Treas
ury Order and the history OF that Orderhe actions OF
the Government upon the Distribution bill and the
duct the Executive in relation that bill. Mr. Tall
madge other reasons proving that the action OF the
Government had greatly contributed TO the present en-
barrassments Of the country.
Mn TALLMADGE then stated what now, and
what formerly, the opinions of this Administration upon
the Sub Treasury Bill i nave been consistent, said
Mr.. Tt opposed the Sub Treasury Bill when it was
presented years ago, as / oppose it When the
Executive abandoned his position upon this question,
coulo 60 with him. When the friends with whom
usually act abandoned their position could not 90
with them. have always been a straight forward poll
ticsn and never could OF sudden wheel about make
a right angle. take the back track and sup
PORT measure which heretofore opposed, and
which / believe te be the most wild and visionary
scheme brought before the country by wild and
visionary men,
Mr.. WRIGHT replied, and said that he thought he
had been a straight forward politician, as well 10 his
colleague He was however willing TO leave that mat
TOR with the constituents OF both Nevertheless Mr..
Wright thought lie had been n straight forward man,
and he houg because he opposed 10 the same
men, with two exceptions, who were usually OPP
posed TO Kim If he had changed they had changed
fer they both upon opposite sides o. the cir
cult DIR. w. persisted that he too had been consis
tent
The debate here closed and the memorial was order
ed to be printed.
The sUB TREASURY BILL up after some mis-
cellsneous business, and the question upon post
penement
The following the upon the question Of post
ponemcnt -
Yeas, Messrs. Bsyard, Buchanan, Clay Of KY, Clay
ton, Critienden Davis. Grundy, Knight Mexican
Merrick Prentiss. Preston. Rives, Robbins, Ruggles
Smith Of Ind. Southsrd. Spence Swift, Tamadgs, Tip
ton Webster, White-23.
Nays, Messrs. Allen. Benton Brown. Calhoun. Clay
of AL. Cdthber, Fulton. Hubbard. King Of Al. Linn
Lumpkn. Lyon, Morris. Mouton Nicholas, Niles Nor
veil Pierce, Roane. Robinson, SEWER Smith OF Coma
Strange, Trotter, Walker, Wall, Williams, Wright,
young-29.
Hon. THOMAS BEsTos on wEBB AND THE DUEL
The following letter, addressed by Mr. Benton OF the
Senate, TO the Chairman Of the Duel Committee in the
House, has been Published in the Globe II expresses
pretty concusvely the accuracy Of Webbs statements
In short time shall have all the facts out and then
twill be that Webb and King have psbshed more
falsehoods than would sink city.
The LATE DuEL.-we have been furnished with the
-