Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-07-27
Correspondence Of the Bllimore American.
WASHINGTON, July %. ls4l.
HOUSE OE REPRESENTATIVES,


Mr.. RIlErE said he thought this resouto
would not have met with tho opposition II has cX
peiiencsd lift had emanatcd from any other sourc'
but coming from that section Of the Union whIc
had always opposed the principles on which III
Compromise Act was established, II had arouse
the suspicion Of those who cortended that a tart
should be laid for revenue alone, and not for protec
ton. lie then said that tariff Of revenue and
tariff of protection, were wholly Incompatible, ans
those who thought tire contrary were unaequa'nte'
with the meaning Of words lie then went on Il
SHOW that hish duty on our part would ncrcas
the price of wine and silks, and at the same IImc
would reduce the price oil cur cotton and tobacco
and he said tina; the idea of laying retsltory du
ties on foreign goods was mean and contemplate
ami philosophical and anti n1tcnsl. MI. X. look
cd upon high duties offering premium tor I'm
morality, fraud and smuggling. IL was our duty
TO set az example TO the Old nations OF Europe, anC
not follow their snuquated notions Of national pc
Icy; and said that this was o question between th'
consumers and the spectators and monoposts o
the country. Bo concluded by saying that lac dI'
not on this question look TO be supported by IN,
NORTH or the west, the east, or the south; but h'
stood on the Constitution, and shouli ask Tor moth
ing else but that to sustain him.
The morning hour having expired, motion wa;
made to go into COMMITTEE OF the Whole, which
was lost, yeas 81, nays lO6.
M. KING IN favor of the resolution, and
said that the effect OF having the duty or -four in
England reduced would be 10 increase the price oil
our f,ur as the same effect would be produced here
on the articles OF coffee and sugar, IT the duty was
removed, as 1t would enable the West India plan
ter to increase the price Of his produces. lie then
said that he was in favor OF all incidental protection
TO our own producers, AMI thought that II would be
impossible 10 fix q Just al valorum duty. He con-
sdered our Custom House system the very worst
IN the world, and asked, why, as we were ABOUT TO
adopt lie system OF cash duties, we did not, along
with IT, also adopt the warehOUss sys ems de slId
lac had opposed TO the plan OF protective duties,
ms once fixed upon this country, and he conceived
that lust system Of tariff duties not exceeding 20
per cent. would give us money enough, and yield
all that protection to our manufacturers which was
necessary.
Mr. j. p. KENNEDY said he had been surprised
at the course the debate had taken this suJjec,
and regretted the unpleasant occurrence which had
taken place yesterday. lie said that the President,
in his message, had intimated that the Tariff cues
ton would have TO be Investigated not 10 increase
the duties but adjust It's provisions. lie wanted
- have report ofIhe resources and products OF The
South.
Alr Kennedy then took clear and comprehen-
Sive view Of products and trade and referred 10
the extensive business carried on from q Cannci-
an ports, of flour manufactured IN New York, ard
alluded tie trade IN manufactured goods carried
with China, the West Indies, and South Amer
ca. lie then reverted TO trade with France,
and showed that the six dealers of that country,
when at the end Of the business season, they found
their shelves incumbered with goods, which they
knew not what to do with, shipped them TO the L.
States, as the cheapest and most prohsable market
and in exchange took of our specie. lie wished
the Committee to be appointed 10 gather facts on
these Subjcc's, that the House might have some
data which members cculddepend. lie
believed that the principles of the Compromise Act
were msa pprChenOcd by gentlemen on this floor,
and sail that the lowest point OF duties assn
med by the two parties which would yield protec
ton.
MIR X. contended that the principle Of protec-
ton was expressly recognized in the Compromise
He quoted the report Of Mr Cambreleng, made ~
1890 TO show that at that line the maximum Of
duties fixed at 30 per cent? and he wished II
TO be distinctly understood that he was in favor Of
Ia. E,11 of
and said he willing go beyond il, # neceSsa
Ty. In conclusion, and in view Of the fact that this
resolution had been debated two days, he hoped
he would be sustained IN asking the previous qucs-
ton.
Mr. MASON Of Md, moved to lay the resolution
on the table, which was negativtd, s. yeas, 10
nays. The previous question was then seconded.
On the question shall the main question he now
put MIR WISE asked for yeas and nays, saying ne
wished to know who were in favor OF gagin- d.,
cuss.on on this important question. The result was
yeas l0l, nays 100. So the House decided that the
main question should be taken.
The question then occurred the adoption OF
the resolution, which was carried yeas LOG, nays
l0i
MIR HABERSHAM offered resolution that the
Committee Of the Whole be discharged from the con-
slderalioR Of the bill entitled Duties and Draw
backs
MIR J. P. KENNEDY moved that then when the
House adjourn, It adjourn to meet Monday.
Objection being made, Mr. X. Withdrew his motion.
ing the resolution for the appointment OF the Tauff
Committee, and said he unwilling that the res
olu,iDn should 90 TO the world without expressing
his opinion the subjsct; but he had not before
been able in any other way TO obtain the floor.
lie slid he thought il only The manner in which
III resolution had been brought before the Hou-e
that the reason II had met with any serious
opaOsIt.On; md he sent TO tie C.tTks labe n a.
mCndment, which he proposed to Offer the resp IL
ton was rs-considered, which prov ded that the
Committee should consist Of ten m,mbcrs, To he
chosen rita Uoes, not more IhIn one member from
State, AMI tnht they have power to sit during
The recess, who's du'v should be 20 mine the
various Interests Ofthis country, and rePor, them
fully end fIrlv.
Mr. STUKELY said he did not rise 10 make
speech Or % follow tie gent iu his rem irss
The gem lemln had SAD that he did fight under
any party banner. No, said he, the banner the
gentleman fights under D., Perish Creoi. Perish
COmnercen Let those who trade borrowed
capital Jre,k!' The banner hgh' UNDER (said
Mr. s. differs, toto ea!J, from that Of The gentle.
man.
The House adjourned at , O'Clock.
UNITED STATES SENATE.
MIR PRES Ton, from the Committee on Militia.
~ Affairs, reported, WITHOUT amendment, the Bill
making appropriation. for certain Publications.
BANKRUPT LAW.
The Senate resumed the Consideration OF the Bill
TO establish uniform system OF bankruptcy.
Mr. NICHOLSON moved 70 amend the first sec
ton by introducing words including all bluking cor
pOations except those the stock Of which is owned
IN whole or IN part by State.
Mr. Nicholson explained bis amendment, the a.
fest Of which would he to enable every Banking
corporation owned by individuals singy or moor
pOrated, bankrupt on The happening II a cOnlingen-
cy which he intended 10 embrace In a subssqIsn,
amendment, S. ou'd this prevail. lie had 50 word
Cd his proposition 70 AVOID Ear as possible, the
difficulty m the minds Of some Of In friends on the
Constitutional powet Of Congr S. lie himself he'd
no kind OF douct the subject Of this power,
winch he believed 10 be in Congress.
Mr. BEN rOS SPOKE IN defence ofthe PROPOSE ion,
which nod been always a fiyouie wI.h him, and
which had grown 10 his favor the more be had re-.
hscted on II. lie regarded this as one Of the most
growing questions 10 the county, and this was prov
cd by the advance Of public opinion.
Mr. SEWER said the amendment would not in.
cude any banks iH his State. lie could not vote
for the amendment, because he thOugnt the govern
Inent had already sufficient power, and he would
give 10 II additional powers which the State
could exercise themselves.
Mr. WOODBURY. said the immediate effect @
this provision would be 10 drive all Deprecated pape
out Of circulation, while the present system enable
the deprecated paper 70 dive out the sound cur
ronCy.
Mr. BERRlEN opposed the Amendment. With
out sdnctonlng the idea that Congress had not fl
power 10 pass a general Bankrupt law, o. gave fu
power over the subject. lie could not therefor
entertain a doubt on this subject lie could bu
regard banks as emH1atons from State authority
and only liable 10 the legislation Of States. w
position whether corporations created by States ci
HumaH 4 TO- - I'D L..