Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-06-12


and the question taken, BY ayes and noes, and ne
gatyed
SYSTEM OF BANKRUPTCY
The Senate resumed the consideration of the bill TO
estabsha uniform system of bankruptcy throu ghout
the Tutcd S,sto- The ,~or $50" h";nu Mr. Clay
motion s,rke out the compulsory provisions of the
substitute
Mr.. WEBSTER proceeded at large to fulfil his pro-
mise of Yesterday Enormously ascrbed in report
to Mr. Wright to show that the original bill either was,
should be, far he could make it, bill per sc,
ofequal and equivalent benefits to the debtor and
dtor.
In redecming this pledge, Mr.. w. argued that the
bill would do away with what are now called honorary
debtS that is debts TO endorsers suretes, by
of which debtors generally unable to get |
such surctcs and thus 90 TO the utmost extreme
of bankruptcy the sure,ies feeling safe while property
enough for them remaned that the bill, by holding
forth safety the debtor from desperation and despair
would encourage him TO stop seasonably, TO make his
condition known, and 10 give up all his propcrty-a!
Of which he deferred from doing By the
strongest, and even by desperate inducements; that
the bill would give equality to all creditors, which
however Just and desirable, could rarey be attain
ed
For these and other benefits (Which Mr.. w specied)
to the creditors in mass, the whole that they TO
surrender BY the bill the claim the future
ings of the debtor. Mr. w. appealed to Senators TO
say what the real value of this surrender, and
gued to show that it could in light, be regarded
more than equivalent for the benefits proposed to
be conferred on the Of creditors by the bill
Mr. W. cxpatIated on various collateral topics, and
spent some time III replying to Mr.. Wright.
Mr. WRIGHT replied at length, to various positions
Of Mr. Webster and argued further against striking out
the compulsory provisions.
After brief rcoindcr By Mr. WEBSTER
The question put on striking out the compulsory
provisions, and decided in the negative, by yeas and
nays as follows:
Ycas-Messrs. Calhoun, Clay of Alabama, Clay Of
Ky, Clayton Crittenden Dixon, Grundy, Huntington,
Knight, Nicholas Porter, Prcntiss, Smith Of Indiana,
Sonthard, Tallmadge, Webster, Wiltc--l7.
Nays Messrs. Allen, Anderson, Benton, Brown, Blu.
chanan, Cuthbert, Davis, Fulton Hubbard, King Linn
Lumpkn, Norvell, Pierce, Preston, Roane, Robinson
Sewer, Smith OF Conn, Tappan, Walker, Wall, vii.
liams, Wright, Young-25
So il was determined to retain, TO extent, and
in some form, the compulsory principle Of the sub.
Sue.
Mr. CRlT'rENDEN now renewed his motion to refer
the subject select committee
Mr. HUBBARD moved that the whole subject be in.
definitely postponed
Mr. BUCHANAN expressed the hope tina, what had
been done would not be lost but that the bill would be
referred, made perfect possible and, even if it
could not be passed, be sent forth for information
to the people.
Mr.. CLAY spoke in favor not Of the indefinite post.
pon"ment, but OF taking the vote upon II now. 10 de-
ermlne whether majority of the Senate in favor
of bill, in any FORM this subject
Mr. WEBSTER spoke with great earnestness against
the indefinite pos,ponement The Senator from New
Hampshire might well vote for IT, because he was op.
posed TO the bill in every form But Mr. w cntrea,ed
Senators who favor Of such bill at all not to
delay lis passage to another session
Mr.. NORVELL also spoke empGaticaliy against the
postponement.
Mr.. CLAY SAID his sole object in desiring the vote
10 be taken this question now, see if u mao-
ry of the Senate in favor Of passing the bill in
any form.
Mr. HI BEARD said tina, was precisely his object
Mr. LII hPklN said he should then vote against the
postponcmen for, although he could for the bill
in no form in which it had yet been presented he was
not prepared to say he would be against in every
form.
Mr.. WALL also having spoken briefly against the
poStponcment-
Mr. HUBBARD said he would Withdraw his motion;
but Mr. Walker ohiecting and the yeas and nays ha-
wing been ordered it could not be withdrawn
Mr. WALKER spoke cmphatically in favor of spec
Oily passing such BILL (ncludng The banks if it could
be done,) and insisted that public opinion would soon
render IL inevitable.
Mcssrs CALHOUN, GRUMPY, CLAY, SMITH,
Of Indiana, PIERCE, ALLEN and BUCHANAN
made some further remarks, chiefly ON the point
whether to what extent this to be regarded as
lest question, which point they did not agree
MIR LINN spoke for some time in favor of including
the banks in this BILL and of consolidating all the great
banking powers OF the country in the General Govern
ment.
Mr. TAPPAN moved an adournment neratyed
BY ayes H. noes not counted.
Mr.. SEWER spoke at length in opposition to the
bill and the general principle in every form
The question put the indefinite post ,oncmeLt
OF the subject, and it decided in the negative by
yeas and nays, as follows:
Iea<-Nlessrs Allen, Anderson, Benton, Brown, Cal
houn, Fulton, Grndy, Hubbard, Linn Pierce Prentiss
Preston, Roanc, Robinson, Sewer, Tappan-l6
.nys-AIessrs. Buchanan, Clay of Alabama, Clay of
KY, Clayton, Crittenden, Cuthbert, Davis, Dixon,
Huntington, King, Knight, Lumpkin, Merrick Mou.
ton, Nicholas, Norvel Phelps Porter, Smith ofIndiana
Snuthard Talmadge, Walker, Wall Webster, White
NiiI'ams Wright and Young-2-.
Mr.. WALL moved an adjournment; negativcd BY
ayes :, noes not counted.
On motion of Mr.. CRITTENDEN, the whole subject
was referred TO select committee, which was ordered to
consist o. seven members, by ayes 22 and 10 be Sc
lcctcd by the Wee President.
Inc Senate thcn adjourned till Monday
HOUSE OF REPRESENTATIVE
Mr. WAGNER of New York, obtained leave to offer
the following resolution, which was agreed TO-
hfSo'rc6 ihat the Commissioner of Pensions be d.
rectcd 10 report tn this House by what authority the pay
mcnt ." arrears Of military pensions granted since the
4th "i March last past to pensioners and widows Of
revolutionary pensioners, under the several acts of
ie5, leO, and lo35 has been and is withheld BY the
pension agents in the different States
Mr.. SERGEANT, from the Committee on the Ju
dietary, to which referred the memorial of Lysan.
ger opooner, containing charges of official misconduct
against John Mclean, of the Justices Of the Su.
preme Court of the United States made report con
'iuulhg WIN th' loiloWinI which the
mlttee unanimously recommend 10 be adopted by the
House
ReSored, That the charges exhibited against the Hon
John Mclean of the Judges of the Supreme Court
Of the United States by Iysandcr Spooner citizen of
Massachusetts, in his memorial presented to the House
OF representatives and referred to the Committee
the Judiciary the 25th of May last are unfounded;
and that the confidence of the House in the integrity
ofthe said Judge not, by of said charges,
any degree, changed, lessened, or impaired.
no hn bor1
further consideration ofthe said memorial
On motion of Mr.. SERGEANT, the report was laid
on the table, and ordered to be printed
The morning hour having expired
4hr. JONES of Va moved TO suspend the rules in
order to go into Committee Of the Whole the state
Of the Union
Mr' JAMES demanded the yeas and nays; which
'ehg ordered, were taken, and resulted as follows
cas- ln4, nays %
90, under the new rule adopted few days since,
he House determined tha, the rules should be sus
pended.
l he House then went again into Committee Of the
\ of. hn H. ~