The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1839-01-01
Correspondence # the NJ. Y EaprcSs.
DEBATE IN TIE SENATE

| IL,
WAsuINGToN, Dec. Goth
The imaginary monster, the U. S. Bank and
the real monster The Sub Treasury Scheme have
been the themes Of discussion in The Senate Cham.
| Der to-day. One Of The most interesting debutcs
sPrnng up out OF the resolutions offered Yesterday
| by =. Rivcs, the Senator from Virginia whose no.
Stion Just now Is ono Of great interest, boil, in
| Vng'nia, IN the Senate and Throughout the coun.
But OF Mr. Rives. He has taken the high and
nnblcr ground on which Mr. Tallmadge stands,-
war to The knife now, and always 10 the Sub.
| treasury Schcme,-an uncuulprUmisiuo warfare
against. In his speech to-day, -the best think I
have ever heard MIN make he took up the Re-
port 81 the Secretary Of he TrcusuIy ard tho
nieesagc OF the President for review,-compnrng
me Message and Report Of '3S, with The Messages
and Reports of 81. The abandonment, of tho
Tpecie clause was shown The of The Banks!
ihe recommendation OF the Banks The mild
ara SIfene notes of The Presidents Mcssaoe thar
Is with the h"arse and rough and bold and spitefuI
Messages that were. The Executive. said Mr.
K'ves, has abandoned all his strong points Nay
practically, said he has abandoned his Sub.'lrra
s"y Scheme, although for party effect he keeps j,
before The Pcopie,-wiih the hopes OF secrel de.
cepuon or open dGlusion.
Mr. R'ves spoke, too, of the derrlcalions
NJ New f"rk,-o tho oriental sy,icpdor IN which
that pr'nco ot Republican Sub Tteasnrers-Vril.
liam Nj Price,-!ived and then alluded To The
control which HE Executive wrud have both over
ms officers aud the finances of he country il tie
Sub Treasury scheme should become the law ,t
The land. Every thing would then be swe pt under
the coAtrol of Executive power. Why lh H. said
Mr. Rives, is not that Experiment abandoned wien
The judgement OF the people is against it,-wheu
The Government in its practices bellies it's rlofcs-
SION, when The Pres dent tells You of''s' the
temptations which human nature is not proof A.
gainst, even although Il tcnfold temptation il
thrown out To ensnare by this scheme for
making honest men rogues.
In abiding TO the November d, f;lcatiCns Mr.
RIves said he almost looked upon them as Provi.
denial oveuts,-as warnings and pdmonitions sent
V yIDGr tn1,
from Il scheme which he verify believed was ono
Of the worst which had ever bee II inv encd of men
or devils, for lnfic,ing wrongs upon the Govern
meni. Mr. Rives also alluded to the recent fronts
spoken of in the Presidents Message. What were
they, deiacations or the resumption of specie pay
monts by the Banks The Banks in the act OF
pay ing their debts to the Government and 10 the
people The Government uniting with the mon
S,er Bank and receiving lis money and its AID -
Here these, said MIR Rives, the recent events which
made the Sub Treasury Bill necessary
1t was here MIR Wright made one of his replies
t" Nj Rlves, reProaching him for leaving Tho Ad.
and insinuating the Presidents dis
pleasure.
Mr. Rves acted like n man and statesman. He
acted be said, his own responsibility, and
should not hold himself accountable to the Execu-
tive or any power but the good old Commonwealth
said he, between the President of the United
States and myselt:-Mr Wright had spoken of,heso
relaons-pcrhaps, said Mr. Rives, the Senator
knows more of them than do. 1 under no
the Senator from Virginia in condemning the poll.
cy of the Administrator. Mr. Wright had ALSO
spoken Of the Conservatives sneeringly as s:urmed
neutrals.' am, for one, said Mr. Riyes. an ''arm-
ed neural but such do not hold myself un-
der obligations to folda my and receive
therebukes and blows Of att parties. 1t is the po-
Icy Of armed neuiras both attack and defend
1t was so in the cf Russia when she assumed
the power OF being an aimed neutral In conclu-
sion, said Mr. RivCs in his first rel binder closely
eyelng the Chairman OF the Comm. of Finance
" am an armed neutral, and vassal of the
Presidents The gentleman from New York
will understand that ) Mr. Wright might have
IN derstood.
Mr. Chttenden closed the debate in one of those
humorous, pungent and saiircal speeches for
which he is so much distinguished, and he resou-
lions before the Senate calling for information from
the Secretary of the Treasury were adopted The
inquiry which relates TO the u. S. Bank the Bonds
Of the Bank and the Government is but the pre-.
Jude TO another debate.
The House of Representatives was occupied the
whole day IN the reception of petitions MIR ADJ
lms presented another memorial, asking for the
ABOLITION OF Slavery in the Dictrict of Columbia,
and praying that the petitioners may be heard
through themselves or by counsel. The Chair de-
cided that the memorial must be laid on the table.
Mr. A then presented large number Of petitions
asking the Abolition of Slavery in the District Of
Columbia, opposing the annexation of Texas, and
praying for various other objects, connected with
cal and Diplomatic intercourse between the United
States and Hayt Mr. A. occupied the time Ct the
House nearly two hours in presenting petitions,
mora than one hundred wore nreqente ed 10 him,