Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1841-08-26

give my assent connected with the Treasury,
hone whatever. Twill oppose every such
Institution, and deem an Exchange Bank
just as bad as any other.
IL the President goes in my wake will
give him cheerful and welcome support
II he differs from me, shall oppose him as
lhave all Presidents who did not agree with
me.
Mr.. Calhoun spoke also ofhalf-way meas
ures. A drawn battle did not satisfy him,
and generally was not productive of good re-
suits or any results. Thorough and uncom-
promising measures were what Mr.. Calhoun
wanted, and nothing short of which his friends
should be satisfied with.
II the people were ready to sustain the
measures before Congress, they are fit to be
slaves, and the country is lost.
Mr.. Calhoun spoke at soue length in this
, strain, and yielded the floor to the Senator
from Missouri.
Mr.. BENTON took occasion also to ex-
press his opinions upon the Veto Message.
He approved, as MIR. Calhoun did, ofthe veto,
but not ofthe message altogether. However,
he would say nothing of the evil. and content
himself with the good. He rejoiced in the
good done, and would go with the President
as far as he had gone.
Mr.. Is. took occasion to refer to the debate
ofyesterday, and to oppose the views OF Mr..
Clay. He regarded them as an attack upon
the fundamental principles Of Government,
and should proclaim them to be so, far and
near.
MIR. ARCu TER took part in the debate also,
and replied 20 the Senator from South Caro-
lima. The Senator had declared so often that
the Wing party would be blown sky high,
that he began to feel like one who had hardly
sure footing upon terra frma. He begged
the Senator to assure him when the time was
to be for the final blowing up of the dominant
party.
Mr.. A. spoke also ofthe proceedings of the
meeting before the Senate. They came, he
said, from Goochland, which WAS one of the
small counties in the State, and not from one
of the largest, as stated by the Senator from
South Carolina.
The subject passed from the Senate-the
proceedings were read, ordered to be printed,
and the orders Of the day called for.
HOUSE OF REPRESENTATIVE
Mr.. GlLMER of Va. presented the pro-
ceedings of public meeting i'm Virginia in
reference to the public topics of the day.
Mr. Gilmer wished to make some remarks
upon the Veto Message, and to reply to the
speech Of Mr.. Clay, made at the other wing
OF the Capitol.
Mr.. G. was disposed also to speak for the
President-or for the 'other end of the Ave-
nue. in manner which seemed to Indicate
much feeling. The subject was not debate
able, and Mr.. G. was called to order.
BANK OF THE UNITED STATES.
Mr.. SERGEANT, Chairman of the Com
= mittee on the Currency, reported New Bill,
in reference to the collection, keeping and
disbursement ofthe Public Money.
The Bill in its details and restrictions is
the same as the Bill disapproved of by the
President. The differences are as follow:
The name of the new institution is to be
*'fhe Fiscal Corporation of the u. States"
The capital to be S2l, 00O,O 900, instead OF
subscribers, and S7,000,000 by the United
States--$I A 100000 may hereafter be added
to the capital of S2l 100000.
Instead OF Branches the Bank is to have
agencies established wherever the Secretary
of the Treasury may think proper, or the mo-
ther Bank may choose to establish with the
consent of the Secretary OF the Treasury. A
State Bank may be Branch, or an Agent
or any number Of individuals may be an a.
gency of the Bank.
+ Nothing is said of assent or dssent-notl,-
ing about discounts. The Corporation is to
have power TO deal exclusively in Foreign
DIS OF exchange, or In Bills oil DOMESTIC
Exchange drawn in one State or Territory
and payable in another.
The word Corporation is used in the Bill
throughout, instead of Bank.
These are the main features of the Bill.
TWAS read, ordered to be printed, and re-
ferred to the Committee of the Whole on the
state of the Union.
Mr.. WISE wished to obtain the printing
Of the Veto Message, but was not graiified in
in his request.
The House adjourned between and 4
o'clock.