Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-12-11
The Presidents Messnse---The BankrEpt
Wall street Press EIoOred once more.

The Presidents Messrge---The B"nkrEp'
Wall street Press Fioored once more.
We received the Presidents Message last nisht
about half past ten o'clock, by our own Specla
Express direct from Washington City; and had oui
copies of il before the Wall street press reeei'eu
theirs. We owe an apology TO our readers ior "e-
ceivng them in regard to the message; out the i"''
u.s. we placed too much confidence IN the lying state
meuts Of the Wall street press. Ihey Dsastea ~
much, and made such tremendous efforts &c peat US
that for once we really gave them credit Tor telling
the truth and lelieved they would get the message
before us We see our folly in believing any thing
they saw and will never be guilty of the same gene
rous error again
However, they tried every means To monopolize
the loo onotives the road, Sc. so as to exclude
the "Herald" from a chance Of competition
They Joined their whole united strength to beat u.s.
But they failed most miserably. And as II was, but
for slight accident TO our express rider, which
detained him several hours in Baltimore we should
have received it at ten o'clock yesterday mornings
and given ii TO readers to digest with their dim
ner No matter; we will show the Wall street
Clique what the cash sy stem and independence can
do another time They have played their "last
card and we have trumped it. The games up
with them.
Ii begins with gratitude TO God for merees receiv-
ed and ends with wish for the abolition of slavery.
1t breathes peace with all the world except the
banks; and contains dying kick at the "bloated
credit system"
Both National Bank and National Debt are re-
pudisted; aud the SuS-Treasury is lauded again and
again aad recommended to his successor for per-
nanence. This matter occupies four columns out
IF the six forming the message. The financial az
airs OF the country are thus summedup:-
The small amount of Treasury notes, not exceed
ng four and half millions of dollars, still outstand
ng, and less by twenty-three millions than the UNI
ted States have in deposite it'll the States is
posed Of such only are not yet due, or have not
been presented for payment They may be redeem
ed out Of the accruing revenue, IT the expenditures
do not exceed the amount within which they may,
il is thought, be kept without prejudice to the pub
lie interest, and the revenue shall prove to be as
large may lastly be anticipated.
The available balance in the Treasury on the LIST of
January next is estimated at one million and hall
OF dollars. This sum, with the expected receipts
from all sources during the ne xt year, Will, Is be-
heyed, be sufficient to enable the Government to
meet every engagement, and leave suitable balance
in the Treasury at the end Of the year if the rene
dial measures connected with the customs and the
public lands, heretofore recommended, shall be adop-
ted, and the new appropriations by Congress shall
not carry the expenditures beyond the official esti-
mates.
Mr.. Van Buren, thinks he has done wonders be-
cause the Government has not been brought to a
stand-sl and considers that if the country pays its
debts, and he leaves office without a dollar IN the
Treasury, mot having had to pay Ss,0o0,uoo a year
the National Debt as Gen. Jackson hid,) that he
ought to be entitled to great credit If he had left
s590oO,000 in the Treasury he might have spoken
As he has done. More of this, anon.
Twenty-sixth Congress.
Washington, DEFENDERS, 1910.
UNITED srATEssF SENATE oRGASIzATToy.
The Senate called 10 order at half past twelve
Hon WM II. KING, of ALBANIA, in the chair. A
quorum was present after the arrival Of the and
the members Of the Senate proceeded regularly to
business.
Amessase was then sent to the House Of Represen-
tatives announcing the fact that quoram was pre-
sent and ready to proceed TO business.
SENATOR FROM NoRTH CAROLINA.
Mr. Clay, of Kentucky, rose and informed the Sc
nate that Willie p Mangum. Senator elect from the
State Of North Carolina in his seat but that the
credentials Of his election having been left with has
colleague, not in the senate As there was no
doubt cf the election Of Mr.. Msngum, Mr.. Clay mo-
we'd that he be permitted TO take his seat.
No objection being made, Mr.. Mangum received
the oath 10 support the constitution, from the Pre-
sident Of the Senate, and took his seat.
CHAPLAIN.
A resolution received from the House Of Re-
representatives. announcing that order had been
passed 20 supply the two Houses OF Congress with
two Caaplains 81 Terent denominations during the
Session OF Congress.
The resOlut on, mem con, was eoneurred in by the
Sesate.
A resolution was then adopted 60 supply the Sc
majors with three daily newspapers each during the
Session Of Congress
cosniTTTE TO WAIT UPoF THE PRESIDENT.
The House sent message TO the Senate annouu-
ling the appointment Of Committee TO wait upon
he President with Instructions TO inform him OF the
Iganiz alton
ate, consisting Of Mcssrs. Wright ~ New YORK,
nd Huntington, of Conn. The House Committee
vas composed of Messrs. Talisferro Of Va and
Save johnson, Of Tenn.
COMMITTEES or ruE SENATE.
Mr. Smith o( Indiana moved that the thirty fourth
rule OF the Senate be suspended in order that the
President of the Senate might appoint the several
standing Committees with the exception OF the
Chairman Of tue Committee On Commerce.
FRrsrDESr's MESSAGE.
Bstween one and two o'clock, Mr.. Wright ap
sear and made kEown TO the senate that he hac
waited on the Presiden, Of the United Stat ;, and
thai Message woald forthwith be communicated
The private secTetnry Of the President-Abraha m
Ven Baren. then appeared with the Message, which
was read by Mr.. Dickens, the Secretary Of th csc
nate.
me Message having been read, a resolution wa.
suLm,tted b Mr. Hubbard, &C New Hampshire, "a
print 1900 copies of the Presidents Message with
the accompanying document, snd 5000 without -
The motion was adopted, without opposition.
Darn or Ma. SPENcF.-Nr. Mcrrck, OF Mary
land after the business of the day was disposed Of
armour ed in feeling and becoming terms the death
Of his late colleague, Mr.. Spence. His remarks
closed with resolution, unanimously adopted, 60
wear Grape the left arm for thirty days. The
adjournment allowed
HousE OF REPRTsENrArIvEs.
The Speaker took the chair at II o'clock to-day,
and about two-thirds Of the Members were in theii
seats.
The preliminary business of the House was unim
porsnt and Of the character Of that transacted il
the Senate.
Newspapers were ordered, ard resolution in re
gard TO Chsplains adopted, and the hour Of mcctnj
fixed al twelve o'clock until fvrther notice.
ABoLTrIoN PErIroSs.
Mr.. Adams called up the resolution submitted b,
him TO the House yesterday.
Mr. Jenifer Of Maryland, moved to lay the roso