, 1841-07-10

bled waters which the moneyed influence
had SO successfully disturbed. He showed
in all the associated propositions, the com.
binaticn with which Gen. HAMILTON had star
ted 20 subvert the Democracy Of the ConsIi
tuition, and found in its stead the sovereignty
which reignS in England, in the shape d
money, monopoly, and monarchy. Mr.. CAL
HoUH entered into the philosophical princi
pies which Disseminated Il Government ba'
sed On the funding STANDARDIZATION beyond
The actual wants of Government, and mono
poly as 4 part of that syStem-from Il Gov
eminent Of the people; and he made it mani
fest thatth worst and most oppressive tyran-
ny may he most eilectualiy introduced in this
way under the forms of i Republic.
Mr. CALHOUN sat down. Mr.. CLAY rose,
US he said, not to argue the question, but TO
complain tina; others had argued the matters
arising on the report. He said it was 4 mere
question of printing. and should not have
been discussed; and in the course Of his re-
marks, made som indecent personal illusions
to Mr.. WoopBuRY, who, is being very round,
he inferred was very windy, and with this
sort Of fling. endeavored 10 escape from the
necessity of responding as head Of the Fl
nance Committee. to the thorough exposure
which he had made Of the false statements
and glaring impos,ure attempted by the Sec
rotary of tie Treasury. Neither Mr.. CLAY.
nor Mr.. Evans. This colleague on the Finance
Committee.) could bring forward. notwith.
standing the days of vacation which have
inierposed. q single fact or explanation from
the Treasury. to cover the manifold erroIs
and frauds exposed in The searching examina-
tians Of this extraordinary report for The er-
.ra0rdinary session, made by Messrs. WooD-
BURY, WmGIIr and CALIIouN. To Mr..
CLAY's remark. by which lie sought to ex-
cuse himself for not Offering some defence OF
that which was the groundwork of all that
ne proposed 10 do, viz: that i, IrdS Il mere
question Of printing. Mr.. CALHOUN replied
by observing. that il contained the proposals
of all that Congress was called 10 legiS!ate
upon, and therefore presented the graves;
and mos; important subjects Of deliberation
that, as the. Kings speech IN Parliament
which, when proposing Innovations. was al
ways met with the most prompt and l~ivelieSt
discussion. 50 the Treasury report on this &C.
caSion deserved the most immediate and clo-
seSt scrutiny Of Congress. If errors were
not exposed, the legislation proposed 10 be
founded upon it would necessarily be erro.
neous. the public mind abused, and the pub
lie interests sacrificed.
Mr.. WooaBuRaY, in reply 10 Mr.. Clay.
flung back his tauuts with spIri, and success,
and made il apparent 10 the Senate that the
Finance Committee had been driven 10 re-
port against some OF the eXtravagant suggeS-
ton of that report, by emitting them in the
system thew had devised. and that they had
been forced to give up every thing like de-
fence Of the statements and conclusi' rs #.
this paper, after the first effort made by Mr..
EvANs 10 sustain II.
Mr.. Bucu,HAH rose before the vote was
taken. and said he had something 10 say on
the subject OF rEis fiscal document, but rs
he found the Treasury report surrendered
he found that the able and master
Is expose of the late Chancellor of the Ex-
chequer. las Mr.. Clay called Mr.. WGiGur)
was not III the slightest degree controvcr,ed
bv the new Chancellor OF the Exchequer
(Mr. Evans, elevated 10 the post, by Mr..
resignation Of IT in hayig nothing
to say IS the head of the Finance Commit
tee.) he. Mr.. BUCHANAN. could not be So cruel
rs 10 infict another blow on the unresist.
ing. The printing Of the unfortunate Trea-
surv paper was then ordered.
The bill 10 recharter the banks of the Dis
trict OF Columbia was then taken up. and
gave rise to an animated dehate-Mr. ALLEN
Of Ohio, with great energy, opposing the
The Senate adjourned without
coming TO Il vote. The debate will be re-
suned tomorrow.