Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-06-14
CONGRESS or THE UNITED STATES.
WEDNESDAY,, June ., 1911.
IN SENATE.

t,in,ny n statement of the receipts and expenditure
of the Post Office Department for the year 80.
MIR CLAY moved that the communication b'
laid on the table, and f 1t was usual he would move
that IL he printed. While on tho subject OF PRINT
ing he would submit whether 1t would not be bet
ter to have committee TO investigate that branct
of business, and report whether It would oe rish
and proper TO print those No'umlnous documents
which found their way TO the tables.
The following memorials and petitions were pro
scented and appropriately referred
BY Mr. BUCHANAN: Resolutions from the LIE
cslature OF Pennsylvania, in favor Of the repeal o
the Sub-Treasury.
When the resolutions were read
MIR CLAY observed "Ah! like ,ha,-it is in
good old democratic language"
by MIR BUCHANAN From the Association oil
Friends, asking the improvement OF the condition
of the people OF color, and asking the abolition Of
slavery in the District OF Columbia ana the Terri
tories, and the prevention of the domestic slave
trade.
MIR PRESTON and Mr. KING moved the qucs'
ton of consideration on the reception of the paper
but the Chair did not hear the motion until mo-
ton had been made TO lay the memorial on inc
table.
MIR KING insisted that, according TO the practice
of tho Senate in previous years, was the duty OF
the Chair to take for granted that the question OF
reception had been made.
The PRESIDENT replied that there was no
rule of the Senate to that effect, and therefore, the
Chair had not chosen the responsibility OF
making that presumption
Mr BUCHANAN conceded in the view taken
by MIR King as to the practice of the Senate, and
observed ths, nothing but benefit had ensued from
its observance. All agitation had entirely ceased
so far as the Senate was concerned, and he aopeH
the practice would be perpetual. The question OF
rcception was understood as made, that question
was then laid on the tai BILE and there was an end OF
the matter Though he had held II his uuty 10
present this paper, he hoped the same course would
be observed with regard TO this as 10 others.
took mace on the par, of Mir MERRICK, MIR
KING, MIR PRESTON, and Mr. CLAY; the re
suit OF which was, that whenever The PRESIDENT OF
the Senate was acquainted with the fact that the
presentation of description of papers was OBJECT.
Cd TO by any member o! the body, II was his duty
to consider tho question OF reception as made; and
that then, on motion made, the question might DC
laid on the table, and thus the whole subject IN
quiet and summary manner be disposed OF.
In conformity with this understanding, the me
mortal presented by Mr. Buchanan was disposed o.
REPEAL OF THE SUB-TREASURT.
The Senate then proceeded 10 the consideration
Of the special order being the bill for the repeal OF
the Sub.TreasaTy law. This on. having had It's
third reading, the question was, ''Sha. II pass"
WOODBURY. spoke a, large agains. the bil
and in favor Of the Sub.Treasury. The gist OF h',
argument is contained in the concluding passages:
But It was said that we should soon have a sub
stilu,c. Some great fiscal agent TO be provided
or else an o j fashioned Bank OF the Uuled States
Mir w. would Tot argue tina; question, with HIM th'
time was gone Uy; bat he would osk the member:
ct that Senate whether they were ready 10 repea
the existing .Jw, 10 rc-esab.Ish such an institution
a the old Bank uftHc United S!at6sl lfIhey were,
very wei, hu. he could not tell whether such plan
had been maturoi and was TO oe presented. Why
not wait tail theul
Il was said, however that we were to have a bank
that would not be unconstitutional II TO be free
from a., objections OF that kind. He as glad 20
hear u; but what was the plant Had not gentle
men better wait till they saw whether II did avoid
oil tk-r,
would thus IN their own affairs, why not in the
affairs Of the Pubic2 What was this bank 10 be!
Ii It was mere fiscal agent not incorporated, then
j; was Government Bank, and he said 10 gentle
men that they were e0o.lshlns Just such bank,
though without the name. All they had TO do was
60 call the Sub-Treasury q fiscal agent, and the
thing would be effected Was this any thing new
Had not gentlemen conterded that the bill OF lS4U
went to create a Treasury Bankl Yet they were
now for destroying that, only 10 make another
Here Mr.. w. qnoled the ute Of q speech he HEX
IN his hand, in which the Sub Treasury was demo
mnaIed Government Bank, OF which the PresI
dent OF the United States the president, cash
Ter, and teller. All they had 10 do 10 give tn,
Secretary power TO issue small drafts, and the Sub
Treasury would be Government Bank.
Mr. CLAY here interposcd TO inquire OF MIR. w
whether he rightly understood him as now admit;
ting that the Sub. Treasury was bank.
Mr. WOODBURY. replied in the negative. H.
had represented II as Bank only under the supPo
sition that the Secretary could cut up his drafts int
small sums, and use them as bank notes.
MIR CLAY. Well, and could he not do itl
MIR WOODBURY.. lie did not do 1t. | admi
that the argument Itself is fair one, but he did no
do it, nor could it have been done without sanction
of law
Mr. w. concluded by observing that though much
more might be said, he should add no further re
marks.
Mr. CLAY here demanded the question on tn,
passage Of the bill; but
The debate continued until near o'clock b,
Messrs CALHOUN, BENTON, TALLMADGE
WRIGHT, YOUNG, and McROBERTS-al, O
them speaking IN opposition to the bill, except NJ
Tal!madge.
Mr.. CALHOUN wished, before the vote shout,
lie taken, TO offer q few words on this bill ON
tact had struck him during this discussion VIZ tina
there was large minority in the Senate WHO " err
utterly ayerse 10 leaving tile Treasury under M
unrCgulSted State bunk system. He need not refe
To the individual gentlemen who had expressed thi
opnOn-the fact was unquestonabe. Now h.,
asserted that these gentlemen had done by their yot,
oi yesterday just what they had said they would
not do. They had first voted down Mr.. C.'s amend.
ment 10 the amendment of the Senator from X en-.
lucky, lMr. Clay,) which that Senator had ac.
know.edged would remove the disabilities arising
under the law OF &c, and without which il would
be utterly mprnc;.cable TO carry that law into eec,
Tor the want Of banks which paid specie and " hci
issued no bills under the denomina. ion Of S. arc
portion Of the Union being absolutely destitute O
banks OF that description. The object Of Mr., c.
amendment had been 70 remove this difficulty ana
make the INV practicable but gentlemen, hre,
voting m rs favor as an amendment 10 that moved
by the Senator from KeGtucky, had voted dow
both amendments, and ie the act Of 1886 in a con.
dition utterly lmpmcticab.e How would this ono.
rate The Government would he Obliged 10 20
back TO the alternative Of either keeping i,s own
money by It's oEn Treasurer, or Of using tanks
such as the law declared u should not use Thee
WIS another result: 10 should he compelled. unless
], violated the law, 10 col Get 10 duties wholly In
gold and silver; which would IN fact and practice
carry out tie sub Treasury system more rgii.y
than had ever yet been done. The Secretary mus,
other DO this, OF he mus, purpose violate tie lew.
let gentlemen cay they aJhOr .Gdving the country
under state Of things unrCggated by law Nh
4. called upon them 10 answer him. or Nv their
silence, 10 admit the truth Of what be had sid
The whole Of this proceeding he'd been most eY.
troordinary. Gentlemen said that the voice oTtlc
American People demanded the course thew vyef.
pursuing Now MI e. WIS ready O., rr4r, dit
their voice h5d condemned the suJ-Tfesslry. yu.
that voice had bCgn uttered m an Infinitely lo.,Irr
ley against leaving the public money unr, ,Y .s,,I
10y law. by inference, then, J., was m4r.i.s, ti az
they were about % DO an act which was IrErr,fry
more DO opposition 90 The will of the country III ~
any other They had been tod that this was 10 ~
reform Administration. Now the only possible
reform worthy Of the maine was conformity % Oh,
Jaw and TO tn Constitution. lie suppossi !, wa.
an instance and example OF lhstcjrm that Che print
ing Of the Senate had been lcft % THIS m,f1crf an
gualCd. Who was the printer % the SENATE
I'D any gentleman know! What were the urfe.
fixed for the printing! Could gentlemen tsT
who fixed these priest Did any one know Coul