Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1840-06-11
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from the new board Of Irade, TeHon-
strating against the release OF any
debtor under the Bankrupt Bill, unless
a majority Of the creditors Of such por.
ton Of them as had claims exceeded
one half of the debtors indebted dne s..
The memorial was laid on the table,
The bill for the relief of the heirs Of
Robert Fulton was before the Senate for
some ii,nc, but was laid aside IN order
H. resume the consideration Of the bank
rupt law. Mr.. Clay of Alabama, an
Administration Senator, submitted an
amendment to strike out the clause for
including banks. This sudden and un-
expected movement created 10 little SUR
prise. Mr.. Clay takes the ground that
the States have chartered these Banks,
and that they are consequs amen
able only to the Siates,-and that Con-
eress has no power under the Consthu-
,ion to legislate over these State CorPo-
rations. The vote was about to be taxi
en- when Mr.. Calhoun said the motion
was q most important one he had de-
signed to speak uprn the BILL aud would
do SO tomorrow, If tho Senate would
indulge him with postponement. The
indulgence was granted. The bill for
carrying into effect the Mexican eaty :,
was passed, in concurrence with the
House.
In the HoUsL, the proceedings were
entnely unimportant.
In the iioUsE, in the evening session
Of Monday, after much debate, and taxi
ing many preliminary questions, the fol-
lowing resolution, offered bv Mr.. Albert
Smith, was adopted by party vote,
yeas ll6, nays 50.
Resoired, That SO much Of the l27lh rule
OF the House Us 10 10 the following words, to
wit Nor shall any rule be suspended ex
cept by vote Of at least two-thirds OF
the members present." be, and hereby is, SO
far resclndsd and changed that the House
may, at any time, by u vote Of majority oi
the members present, suspend the rules and
orders OF the House for the purpose %! go
ing Into Committee of tho Whole Oh the
state of the Union.
On the name of MIR. Goggin being
called, MIR. q. rose and asked, before
giving his vote, To be permitted TO inquire
how long the rule had been in existence,
which by the resolution it was proposed
to changer
The speaker said he could not inform
the gentleman from Virginia.
Several voices said, for fifty years
since the existence Of the Government.
MIR. Gogg,n said, | vote no.
The bill from the Senate relative to
the presents from the lmaum Of Musca
was received, and MIR. Gushing moved
TO refer it to the Committee on Foreign
AHaiis. Objection being made, the
House adjourned at a qaalter before 8
o'clock.
In SENATE on Tuesday, June Cd, the
Hon. Jabez Huntington, Senator elect
from the State Of Conncctlc ut, for the
unexpired term Of Mr.. Bctts, deceased,
appeared, was qualified, aud took his
seat. Mr.. Clay presented u memorial
from Gen. } &. Reynolds, complaining
that he had been removed from the office
OF Postmaster in Ohio, and had not been
able to obtain any statement OF the rea-
sons for his removal, On which there was
some debate.
The Bankrupt Bill was taken up, and
MIR. Calhoun addressed tho Senate upon
il. lie opposed both bills, that of the
malolily because il was altogether un-
constitutional, ,and that OF the minority be-
cause it was unconstitutional IN important
particulars. The provision toi involun-
tary bankruptcy he regarded as uncon-
si,utiona in lmportaat particulars. The
only constitutional provision in twas that
which contemplated compulsory Bank
ruptcy. THIS he regarded as constitu-
tIonal but as So odious that no one would
vote for the provision II 1t was embodied
in bill by itself. MIR. G. in conclu-
sion Of his speech, which was very
brief, said that he should vote against
the provision tor corporaiions-agaIn aInst
that for involuntary Bankruptcy, and
briefly against the whole matter. The
vote was then taken upon the question:
" Shall banks be excluded" The fol-
lowing are the yeas and nays-yeas 70,
nays l6.
In the HOUSE, various subjects were
taken up IN the morning hour, OF no
great interest. The House afterwards
went into committee on the b-Treasu-
ry bill, which was debated until The re-
cess, and also in the evening session, by
MIR. Leet OF Pennsy ylvania, in favor OF
it, by Mr.. Brockway UI Connecticut,
against it, and by MIR. Eastman OF New
Hampshire, in support OF it. MIR. Os-
borne Of Connecticut, obtained the \
floor, and the House adjourned.
In SENATE, on Wednesday, June 80,
Mr.. Clay, of Alabama, prese ntcd Il long
report upon the mIllia plan of the Sec
rstary OF War
The bankrupt bill was not brought up.
The memorial OF the Ohio postmaster,
complaining that he hao been removed
without cause, was then brought up, and
under cover of It q discussion oi a Ia
ture entirely political vas carried on be-
tween Messrs. Allen, of Ohio, and Crit-
tond,n, OF Kentucky. La the course Of
the debate, MIR. Crnlenden cited a letter
from Mr.. Van Buren,, recommending the
very policy IN Rufus King, with regard
TO correspondence, that the locoiocos
have so much condemned IN General
ilaIils"u. The removal was LAID on
ia. liable.
la the llousG, the Tennessee Canal