Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1841-08-03

. ,x o,he, nl,n. Bu, We felt that we owed
I, N IN. country seek some mode ny when eohh'e'
,nr opinions would be united. In searching or com
pea ground which We could stand we 'oohco' 81,
N, Cla, only 10 this body and no, beyond IT. We
licked only TO opinions here, leaving to the res,
dent TO act his own Judgment and his own eonsu.
tu,ionai responsibility. The proposition which ne
should Offer would. he hoped, meet the approoahon OF
all who were friendly To bank
Mr. CLAY stated the question OF the power OF Coh-
press as to placing Branches IN States and said mere
was point at which both parties wouId meet III CON-
promise We conceive that any State may prevent
the introduction Of branch by expressing It's dissent
Bu, It was unreasonable tina, the States should defer
decision for On indefinite and therefore, 1t was
proposed that the next legislative term should oe AZ
lowed for this purpose II any State believed that the
introduction OF the bank would be attended with all
the calam,ies which had been predicted, they would
guard against il by their dissent IN the course oil inc
1t winter and surely il during the whole OF the next
session OF the several State Legislatures they cannot
agree dissent il must be nantes, TO all, that the APP
pchens of injury canno, be so great as gentlemen
now suppose it TO be. We think We have made con
cession enough when we have made this, The BANK
has the right establish branches in the asserting and
dissenting States. The Bank will go into opera
January and the result OF the legislation OF the
States will he known n the course OF lew months al
Ter. Most OF the Legislatures will meet IN December,
and their assen, known. In the mean time the
Bank will arrange direction, and organize itself for
business. What, it will be asked will be the decis-
ions of the different State Legislatures large ma
Perhaps there may be half dozen dissenting
States. Suppose there twenty operating States,
will the utility OF the bank, great national ins,itu
on be essentially affected by the dissent of six States
| | think not The late Bank had too many branches
two in Ohio, and two in Kentucky. He had no hcsi-
alion in saying that, il this bank had few branches,
the main points of business, different parts Of the
country, all its objects would be accomplished
| Such the views which operated on his mind
and on those with whom he accustomed TO act
and especially those who voted agans, the amendment
of the Senator from Virginia. lie now offered the
amendment, which was read follows:
| "And the said directors may also establish one or
competent Offices of discount and deposte in any
territory district of the United States and in any
STATE, nth the assent of such State; and when estab-
lished, the said Office Offices shall not be removed
withdrawn by the said directors prior to the expiration
OF the charter without the previous assent of Congress
Provided in respect to any State, which shall not, a,
the first session of the Legislature thereof held after
the passage of this act by resolution other usual c
gislative proceeding Internationally assent dissent
to the establishment OF such Office offices within 1t,
and the of the said State shall thereafter be pre-
sumed and provided nevertheless, that when it shall
necessary and proper for carrying into execu-
ton any Of the powers granted in the Constitution TO
establish office offices in any OF the States what
ever, and the establishment whereof shall be directed
by law it shall be the duty of the said directors
tabsh such office Offices accordingly"
debate was maintained for some time, and al
length. the question being loudly and generally called
for, it was taken on the amendment offered by Mr..
Clay, and decided in the affirmative. Yeas 25, nays
"a.
The question the engrossment of the Bill wa.
taken, and decided in the affirmative, by the same vote
precisely
Messrs. Clayton and Henderson (Whigs) were moi
present-though they had both been in the chamber If
the course Of the day.
Revenue Bill.
This bill again discussed in the House. and MIR
Holmes of 5. c. opposed it very ably and replied e
the remarks Of Mr.. Adams
Mr.. Gmer of Va. also opposed il.
Mr.. Sever advocated it, as did Messrs Underwood
} and Trpett.
Mr.. Fillmore gave notice of his intention to move
tina, the bill be taken out of committee on Friday. The
! House adjourned at O'Clock. 1t was almost imposs
BILE to get, and quite impossible to keep quorum there
during the day-the interesting proceedings in the Sen
ate drawing most of the members to that body.
Wednesday, July g.
Fiscal Bank BIZ Passed.
The bill had its third reading, and the question be
ing its passage, Mr. Benton spoke the subject
3 the amendment, made to the Bill yesterday, by which
he said the branching power was 10 be enforced
against the assent of the States The Supreme Cour
s would reverse their former decision on this subject
He would undertake to go with writ into Court TO
this purpose, and return with reversal III,
papers could be read lie moved to postpone the bill
: indefinitely.
MIR. Dixon and Mr.. White spoke briefly in support o
the Bill, and Mr.. Woodbury. against it, The motion Il
postpone was ost-2l to 90.
i The bill was then plssed,-yeas &c, NAYS o. as fol
u lows
Yeas-Alessrs. Barrow, Bates Bayard Berrien
:, Choate, Clay, Of Kentucky, Dixon Evans, Graham
II Henderson, Huntington. Kerr, Mangum Merrick Mil
y lc Morehead, Phelps, Porter prentiss, Preston Sim
= mons, Smith, OF Indlana, Southard Tamadge, White
;, ;, Woodbridge-26
" Nays-Messrs. Allen, Archer, Benton, Buchanan
. Calhoun Clay, of Alabama, Fulton, King, Linn Nc
J.; Roberts, Mouton Nicholson, Pierce. Rive, Sewer
r Smith, Of Connecticut, Sturgeon, Tappan, Walker
Williams, Woodbury., Wright, Young-23.
MesSrs. CuthbeTt and CLAYTON were absent-else tn
= vote would have been 81 to "a.
- In the House, Mr.. Fillmore offered resolution
that the Revenue Bill be taken Of Committee OF III
9 Whole on Friday; agreed to lI3 10 80.
~ Mr. Marshall Of Kentucky, offered 10 presen, pc,i
ton from citizens Of Kentucky in favor of the passag
\. OF general Bankrup, law. Objections were made
!, and Mr. Marshall did not present the same.
re The Product Of Labor Agriculture is the foundao
is Of wealth. The renders her tribute but the cart
= ski and indIlsru