Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1840-12-24
rWemtr=SfrtD Congress.

II IN SENATE, Monday, Dec. l4.-Mr. Clay
/ of Kentucky, presented Il resolution, decipr-
| ing the bill enttled an aci Tor the COLLECTION
sal. keepinr and disbursement Of the public
Ilmoney, ought To be- repealed. The rcsolu-
IIiion would pe called up on Tuesday.
Rev. Mr. Goodman, Of Alexandria, was
elected Chaplain Of the Senate.
II The miscellaneous business OF the Senate,
though unimportant, was very heavy. Ihe
! petltlons upon business unac;cd upon were
taken from the files, new ones presented,
and number of private bills reported.
Il In THE House, the Standing Committees
were announced by the Speaker. Ihey
were for tho most part as they were at The
last session.
sUE.TREAsURY BILL.
n ly SENATE, Tuesday, Dec. 10 Mr..
CLAY'S resolution proposing a repeal OF
the Sub Treasury bill, came up as the spe.
ca business of the day. A debate full OF
interest followed, which was participated ~
by Mcssrs. Clay Of KY, Wright of N. Y,
Calhoun of S. c., Anderson Of Tenn, Hub
bard Of N. II, aud Allen Of Ohio.
Il Mr.. CLAY sad-it Is no part OF my pur-
i pose, and was no object 10 re-argue the
questions growing out Of the resolution
which have had The honor to submit to The
Senate
Il l.would as soon argue 10 convicted crimi'
nal with rope around his neck, as 10 the
| iustncss Of his se"tcnca, as to argue TO TINS
|, administration that ths law should be nban-
| doned or not. But in view Of tho past and
not IN Il manncr as formal as is usual, nave
brought forward my resolution. Sir, con
tinucd Mr.. Clay, there are occasions when
the ordinary forms OF Legislation may and
ought to be dispensed with. II we look
back to 1900, To the Induction OF Thomas
!, Jefferson TO Office, no one would have sup
| posed that had The Alien and Sedltion law
not been Temporary in its character, that a
word would have been heard as TO the cxpe
dlcncy of repeating that odious measure.
The same feeling Of condemnation, II may
be presumed, ealsts as ~ the condemned
Sub Treasury bill.
H The ub.lreasury bill has been discussed
for three years and nearly three monihs--a
period longer than tho war, since this mea-
sure was brought forward. During that time
il has been debated here nnd elsewhere, and
nm not disposed to resume the discussion.
II IS sufficient for Inc To know that the ma
ton wills the repeal of the measure. Sena-
lors from nineteen States stand here instrnc'
ted 10 repeal the measure. Senators have
heretofore said that this election and that
election sanctions this and that measure.
Il The period has gone by for such appeals.
The people had almost unanimously been
heard and almost unanimously spoken IN
, condemnation Of the experiment When
the nation speaks-whcn the nation wills
; when the nation commands wha, ought 10 be
e done, it should be done. Senators from
r nineteen states are therefore bound by the
. popular sentiment whish has been so signal
, ly expressed in their several states, to vote
: tor the repeal of the great measure winch
has been submitted TO them.
: | had hoped, said Mr.. Clay, that The Prcsi-
dem. Of The l.. S. WouLd II, his message, haze
said ,rhat The fact is -,chai all The rorld knors
that the ,c,U Of The ndlion was against has
for0riie MEASURE. did not expect from him
an Acknowledgement that he was wrong, nor
did expect that he would speak of amend.
mcnls 10 and improvements OF bill which
\ had been so signally resisted, in manner
unparalleled in the history Of the country.
\ ln the adherence 10 and apology for THIS sys
lem, am therefore disappointed.
II One word OF tho measure proposed 10 be
repealed. The President and The Secretary
say that il has SO far been successful. So
far successful! What evidence is there
Of this aud how has this success been prov
: ed? Now continued Mr.. G., am thank
God, very far from any OF these Receivers
/ General, aud | would not care if tho distance
vas much greater than it is. But so far as
have seen its operation have seen no evi.
dcncc Of ils success. Has the Senator
from New York or the Senator from New
IIampshire, who SO zoalonsly have defended
p the bill. its authors and the Secretary Of the
II Treasury !? BY the by, must say that the
reward he has received has been very IN
grateful return To the Senator Mr. Hnbbard)
/, for his Jealous aud able efforts iii defence OF
/ this measure, (ailudng TO The election OF MI.
" oodbury to the Senate over Mr.. liubOuid.)
N am not, continued Mr.. c., well acqnain.
ted with the operations Of this measure, be-
ing, as | have said, far removed from 'hc
, Receivers General /; but as far as have seen
its operations the Banks have been The great
agents IN enforcing the provisions OF The
bill. There is no difference as, understand,
IN regard to the banking operations oI th'S
measure and the old measure. Bank cheeks
now are issued as they were before Oy Nhc
collector, aud the amount oi the whole ope-
! ration is just this: Prior to July last the Pub
lie money was deposited by the collector III
) the bank 10 the credit OF the Treasurer oI
4 Inc UnltCd Statcs-nOW lHt NOieN'O We
posl,es his money 10 the credit OF The Ke-
ccver General, and the Receiver General
, places It in the bank to the credit o! The
Treasurer of the United States. individuals
have the whole control Of the public money,
5 and control it chiefly as they did PRIOR to The
! time the bill became the law OF the innd.
I'll ! think, added Mr.. Clay, that no possible
1 Inconvenience can result from the repeal ol
the measure. But the question OF neon
ven!cnce is not one for us TO act upon. The
country has demanded the repeal of the
! measure, and as the servants of the people
. VIC are bound to abide their verdict We
. arc their trustees.
ri Mr. Clay was not disposed to press the
, consideration Of his resolution at the prcsenl
! tine, but to give the administration Senators
any proper time for examination prior TO q
. final action.
MI Wright followed in the debate. lie
! said. come from one Of the 10 States alIu.
j ded TO by the Senator, and thank him tor
4 the issue which he has presented. reIuicc
n that he has presented it as much ms any one
. can rejoice, and | am, for ono, willing Ia
meet II, aud tha, tho country should meet It,
, Enlarglng upon the will of the people, Mr.
', \ w. made some illusions To pubic opln-
j ION as expressed at the ballot box.
l.. A In, mn A.