The Madisonian. [volume] (Washington City [D.C.]) 1837-1845, 1841-09-11

Iteration Of the resolution relative to the settlement Of
the title to the Pea Patch Island
The resolution offered by Mr.. BENTON, calling
on the Secretary of the Treasury for report at next
session Of the amount Of duties received on bank
notes. between tie years Of 1913 and 1877 was adop
ted
The following resolution, reported yesterday by
Mr.. BAYARD from the Select Committee, with re-
gard 70 the employment Of reporters came up, on its
second reading:
Resopsd, That the Secretary of the Senate be, and
he is hereby authorized and decedto employ corps
of reporters, not exceeding five in number, at the
of each session OF Congress- to report
the proceedings and debates Of theSenate who shall
be sworn affirmed faithfully to discharge the du-
ties Of their Office and shall be allowed compensa-
lion 10 be paid Of the funds for contingent expen-
SEES, not exceeding sixty dollars per week for the
principal reporter, and fifty dollars per week for the
of the others. The business of reporting shall be SO
conducted that the entire report Of the proceedings
and debates of each day shall within three hours after
the adjournment be placed in the hands OF the Prin
ter. The publication of the report shall be COMMITTED
% the publishers OF such one the daily papers as VIII
engage, free from all charge FIRST to publish the entire
report IN their daily paper; secondly to furnish PROOF
slips thereof any other paper in the District OF 20
lumbia the publhers Of which will agree to publish
the entire; and thirdly 70 furnish two copies o.
the report for the use of each member of the Senate
by nine o'clock on the ensuing morning. l- !
Resoiped That the Secretary of the Senate be, and
he is hereby authorized and directed to cause gaiie
ny for the accommodation of the said reporters to DC
Constructed Immediately over the chair of the Prss-
After a few remarks by Mr. BAYARD in its fla
Mr.. SMITH, Of Ia. moved to amend the resolu.
ton, by striking out Secretary Of the Senate" and
inserting g President Of the Senate"
This was rejected.
After brief remarks by Mr.. CALHOUN-who
wished the resolution postponed till to-moIrow-and
by Messrs WALKER and CLAY, Of Ala. in favor
Of the resolution in was adopted by vote Of 70 yeas
A message from the House was received that it had
passed joint resolution for the adjournment Of the
present session Of Congress, on Monday, the 18Th
instant at IL o'clock.
This resolution was read and ordered to a second
reading.
Mr.TALLMADGE objected to its second reading
Mr.. WRIGHT raised the point Of order, that this
resolution did not require three readings and after
some conversation the point Of order being sustained
Mr.. PRESTON moved an amendment to the re-
solution declaring that the act of 1889 for the regula
ton Of the Treasury Department and the resolution
of 1916 making further provisions on this subject DO
not provide sufficient regulation for the safe-keeping
and disbursement of the public Treasury, and that
Congress ought not to adjourn until other provisions
for the protection Of the Treasury are made: and
further that il is expedien to provide BY law for the
deposit of the public funds in spece-paying banks OF
the States under such forms and regulations as may
best secure their safe custody. \
Mr.. KING hoped the Senator would not press this
amendment. It had no relation TO the matter before
them, which was resolution to adjourn.
' Mr.. PRESTON said the resolution was to adj
journ; and this amendment provided that contin-
gency should take place before the adjournment The
condition of the country was this two efforts at re-
gulation for the public finances had been made by
Congress- which had not met with Executive approba-
oa Il was perfectly clear from the last veto Of the
Preso,nt that, during the present Administration,
BANK o. ME United States is not TO be established
being IN il furnishes new basis for Con-
gress to start upol the various experiments to be
made. IN regard % he regulation Of the finances.
The Sub Treasury had utterly failed in the estma-
ton Of the people, and rs Congress Before the
ton Of Congress- and at length TX whole, denounced
system which left at the control f the Executive
the finances Of the country. They III came to the
conclusion that additional legislation Y some kind
was necessary. He had no hesitation in Saying that
the present condition Of the Treasury Of TN United
States was that which he for one, had disappointed
and denounced for series of years; and he had not
changed his opinion on the subject He Was not WIZ
of the United States should be left to the discretion
and control Of the President Of the United States o
as it stood under the law of 1882 He did not thinl
il proper for Congress- or that they could conscl
entio1sly adjourn while the public treasury was y
the condition in which it left by the repeal OF thu
Sub Treasury, and Of the Deposit act Of 1856
When he voted for the repeal of that act, there wa
pending before the President of the United States,
Dill passed Dy Dotn f1ouseS Oh congress, poNiuhg
his (Mr P.'s judgment, sufficient guaranty fol- tn
safe-keepng of the Treasury. That condition hat
been altered and he did not wish to stand before tht
country acquiescng in that state Of things which h
believed highly mpolitic and improper ne, there
FORE wished Congress- before they adjourned, to en-
deayor to effect some thing. His opinion was tha
they should arrange system Of State banks, by pro-
per and cautious use of which, the finances might DC
conducted 49,,
MT. BUCHANAN was rejoiced to hear the OPT
Mon of the gentleman from South Carolina and IN
one particular agreed with him; he heartily reloced
that all hope Of Bank with private stockholders was
set at nought during the present ADMINISTRATOR ne
believed some system of finance should be adopted,
but considered impossible at this ato period of the
session to devise any plan. He was willing to give
the President and members of Congress an opportu-
nifty to devise the best mode of keeping the public
money, separated from banks and the independent
Treasury, to which he earnestly devoted, and
which he believed would return at last ...
Mr.. WALKER was sorry to hear the opinions OF
the Senator from South Carolina Mr. Preston, and
expressed his incorporating hostility to the sys-
Mr. BAYARD was in favor of adjournment by
Monday, but thought the resolution, as there was
now business pending between the two Houses which
must be accomplished before time for adjournment
was fixed, should not be adopted
He would, therefore, move to lay the resolution on
the table till tomorrow, when he had no doubt II
might be taken up and adopted This motion was
carried, by vote .of 20 to 16. EI-s ..-..
Mr.. CLAY, from the Joint committee of confer
ence the Revenue bill, reported substitute agreed
on by the committee for the amendments OF both
Houses, which provides that if in virtue Of this (the
2d section any duty exceeding the rate of 20 per cen
tum ad valorem shall be levied prior to the 3Oth
june 1912, the shall not, in any case, affect the
disposition Of the public lands provided for by the
act passed this session of Congress; and further
that no duty higher than 20 per centun ad valoren
shall be levied and paid in virtue of said section on
any manufactured articles. IA.
This, on motion of Mr.. CLAY was adopted and
the Senate proceeded to Executive business in which
they were engaged during the day.
HOUSE OF REPRESENTATIVES,,
FRIDAY, Sept. 10, lS41.
The Speaker announced the Select Committee or