Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1841-07-19

WuObb OVlIllOn also We Huu NOiy iNopoNlu'lV
ihority for believing had been expressed in its ia
vor, alter the decision of the Supreme Court
This tribunal was the arber by which the people |
had solemnly determined tint their deliberate
opinions should I've expressed The decision a.
lone would have been sufficient, without, the pow
erful corporation Of tho legislative aud Execu-
tive Departments Of the Government, fnuny 10
dispose of the matter. lie thought the doctrine
that Congress could create corporation 10 make
contracts indirectly with sovereign States, when
contracts Congress had no power TO make in III
rect manner, was doctrino tenfod more danger"
Gus than the most ample powers ever asserted ny
the friends Of National Bank, OF the old fas-
ION
Mr.. Mcrrick followed in favor Of Mr.. Rivcs' n
amendment. lie believed most fully in the pow
er Of Congress TO establish II Bank with nll the
powers recommended by the Committeeman he
also believed lhut they could, ms the legislature OF
the District, create compromise with tie SeVcrn'
States in relation to its branches, and for the sake
of Tho "union oi the Wings aud the satisfaction
Of the people, lie would glndly ndop, the scheme
Of the Secretary in the form Of an amendment.
Mr.. Inics said he Ind no more doubt Of the
entire authority 0l Congress to erect such Bank
was proposed hy the Committee on Finance,
than he had of their power TO erect lighthouse
on Calc llattcras. He considered himself bound
Ivy his oath TO support the constitution, To support
the construction Of that instrument made by the
the people Ind given the power TO decide ina y
upon all questions arising under it, lie consider
Cd The plan reported Ivy the COMMITTEE, decidedly
preferable in itself, bni he did not think their bill
could possibly be invested with the authority Of
law at the present session. Aud therefore being
Tree in his own conscience. TO go over TO TT
friends of tho amendment. wlie they could not
consistently with their principles come 10 him. lie
would go over, aud lie thought the Bank which
they recommended, would be useful TO regulate
exchange, To produce sound aud uniform curren-
cy, aud adequately 10 carry on the fiscal business
"f the Government II capitalists would not
take stock, or it, for other reasons the proposed
scheme did MOI operate WE'LL those who now de-
MED that Bank with pleuary branching powers,
was necessary fiscal agent would he convinced
mat their present scruplcs were nniOlndcd, aud
would consent 10 the establishment of Such al III
s'i,ution. He thought Bank Of some sort Also.
luely necessary, aud he would take that recon-
mended by The Secretary ms the best that could
now he had.
MIR. Bates spoke with the force, c'earness, and
brevity which always distinguish lis arguments
nnI was listened tn usual with very great atien-
ton. was struck with the uncomniGs silence
which prevailed while he wns speaking
MIR. FreniSs followed, taking the same view OF
the ease with Mr.. b.
Nlessrs. Dixon and White then made n few re-
marks, each against tn amendments
Mr.. Walker said he should vote for the amend
mcnt as les ohjrc Onable than the Till of the
Committee. lie predicted HAT that bill would il
passed. produce notification IN Slnie at least
within n twelve month. That notification liz
wished 10 prevent, not Only becaus. he considered
it inherently worse than the worst bank that coult
he framed, hut hccause it was so decidedly un
popular, that the Bank party must necessarily h,
strengthened by opposition OF surI, n Character
TO avoid ths, lie would vote for the amendment
rs less objectionable ilIan the plan of the Com
nIl;tcc, and less clearly unconsiil, tiona besides
though lie would not say that it was constitution
III.
The question was then taken on Mr.. Bayardi
nmcndmrni and decided in the negative. Ave
9, noes 36.
MIR. Rives' amendment was then rejected Ave
10, noes 80.
Yeas mcssrs Barrow, Bates, Choatp, Merrick
Ihclps Prentss, Preston, Rives, Walker, al,
Wnl,anIs-I0
Nnys-Nlessrs. Allen, Archer, Benton, Berri
en-, Buchanan, Calhoun, Clay of Alabama CLAY O
Kentucky, Clayton, Cuihbert, Dixon, Evans, FnI
ton, Graham, Henderson, Huntington, Kerr King
Linn, McRol,crts, hangum, Miller, Morchead
Mouton, Nicholson, Porter Sewer, Sinitnor,t
Smith Of Connecicu', Smith of Indiana, South
Nrd, Surgeon, Tainadgr, White, Woodbridge
Woodbury., " right, Young-36.
Mr.. Huntington ,hcn moved to amend by sub
,tItuting sos 0G00, instead of S70000O0 n
i've sum necessary 10 be subscribed by indi
vil,iaIs, before the Bank shall go into operation
and the amendment was adopted, after which III
Senate adjourned. The bill is now iarly opc
10 the battery OF the opposition Senators, and The
will probably continue to blaze away at il for
week or more
The House has been in immense tribulation n
day. II is now half past nine IN the evening,
tremendous thunder storm has been going on out
side, mud \ furious uproar is still progressing
within. They "re in Committee upon the Distri
button bill. Mr. Lawrence of PENNSYLVANIA i
tho Chair, and all SITS OF amendments many q
them of the most frivolous, aud even ridCuou
character, have been proposed aud rejected. Til
Chair has just sub,lued the wild confusion willie
took place few minutes ago, upon some qucs
ton of order.
Mr.. Calhoun, from the Committee OH the rule,
reported this morning m amendment 10 the rul
which requires vote If TWO thirds to take III
ont of Committee of The Whole, providing that
mere majority should in future have iha, power.
Mr.. Briggs moved 10 amend, so as TO give III,
power only after bill had heen in Committee IA
SIX days. This amendment was ut first acccp,c,
but Il motion to reconsider was Immediately mad
after which, three or four hours wos spent
taking the yeas md nays upon every quesiio
thai could he rnisc'l-such as 10 lay the motion
reconsider on the table, &c. The rccoIrsdera,io
finally prevailed, and the original report NJ
opted.
resolution then passed. declaring that all tli
cussion upon this bill should ccnse NJ Z r. NJ. m
then they went into Committee again for the fin
struggle.
Mr.. Rayner made long speecl, in favor of ii
bill.
Mr.. Marshall Of KY, the Sheridan the IIous
then male one of his most brilliant efforts on II
same side of The question. His most powerf
md statesn'an-like speech has elected the hiyhc
| praise from all quarters, and MIR. Adams said
i-lhat it was the best speech he Ind ever hem
in that hnll Mr. NJ. occupied little more tina
MI hour, and niter he had concluded, Mr.. Rhe
consumed the remainder OF the ALLOTTED time wi,
speech in opposition TO the bill. They In,
now (abouI 10 0'clock) fairly got The Hill throug
the committee, and Mr.. Lawrence has just reror
ed il to the House.
New Hampshire man has just moved TO II,
lourn, and tic yeas aud nays nre ordered lhereo
| They come out lO7 Ayes TO II Noes, aud 80 II
House refuses to go home ill lhs long winde