The Madisonian. [volume] (Washington City [D.C.]) 1837-1845, 1841-09-11
yesterday between Messrs. wise and stanly, as fol-

lows: n - 4.
SIT is with much pleasure, Mr. Speaker, rise to
state that the sudden, unprecedented and deeplyre-
GREETED incident which occurred in this House yes
ter,lay, between the gentleman from Virginia (Mr.
Wise) and the gentleman from North Carolina (Mr.
Stany) both members of this body has been adjusted
through the interference Of friends, in hon
orable to themselves. To say that both gentlemen
most deeply and sincerely regret the causes leading
this explanation, am sure, would e but weak ex-
preston Of their regret Each gentleman retracts any
remarks which have been deemed offensive by the
other lin the ordor in which they were spoken, and
are restored 70 their pre-exsting relations.
Mr. POPE then called up the joint resolution rela-
ting to water-rotted hemp, and on his motion the
House resolved itself into Committee Of the Whole,
Mr. Barnard in the Chair, when, no amendments be-
ing offered the Committee without debate imme-
diately and reported the BILL which accordingly
passed by the House.
A Some conversation then took place between Messrs
BARNARD and CUSHING as to the proposed re-
newa Of the act TO prevent breaches Of the neutrality
laws 44ts
Mr.. GUSHING stated that the act had not been
referred to the Committee on Foreign Affairs,
Mr.. MCKAY presented resolution calling on the
Postmaster General for information to the amount
OF postage received on letters and also upon papers,
&c. Passed
Mr.. OWSLEY'S resolutions for the amendment Of
the Constitution, limiting the eligibility of President
to one term andrestrictng the Veto power were ta-
Mr.. PROFIT objected to their being acted on.
Mr.. OWSLEY moved to suspend the rules.
!. Mr.. A. BLOWN asked for division of the motion
to suspend Many might be willing to vote 10 receive
the first part, who would object to the second part.
The SPEAKER decided that decision of the
question would not be in order until after the motion
of suspension were disposed of.
The rules were mot suspended less than two-thirds
voting for it--S7 to 81. ~ a.asl.z.a Is
Mr.. A. BROWN then moved to suspend the rules
TO take up the resolution offered by him at the begin
ming Of the session, to amend the Constitution as to
the re-eligibilty of the President farl4t
On the motion to suspend the vote was yeas 49,
nays 3d. and as two-thirds did not vote in the arma
tive, the motion to suspend was lost. as vi
DEBATE ON THE VETO.
MI Bolts moved the House proceed to the or
des of the day. The bill for the Fiscal Corporation
returned by the President of the United States with
his objections being taken up at ten minutes past Il
M Bolts began BY referring TO his own pecu
liar position in reference to the President and tn.
country for which he should have been content
to let the subject pass without any remarks from him
But that peculiar position compelled him to place him
self right with the country. He had been charged
by thegentleman from Massachusetts Mr.. Cushing)
and others, a few days since, with having applet
harsh and unjust epthets to the President and or
that occasion he had pledged himself to make goot
his words whenever that second veto should como
He would now make good his charges against tn,
President, if not cut of by the "one hour rule" HI
would take all the odium attaching to the failure
if any dsinterested friend would say that the proc
was lot complete, he would take back every word.
He had on the occasion referred to, prophesed thi
Veto but he then at loss for the reasons whic
the President would assign for such an act. He ha
now given what he calls his objections, but he ha
not assigned one solitary reason which could weig
with one reasonable man in the country.
Mr. Bolts then proceeded briefly to enumerat
and review the principal points in the Veto Message
First he dwells on his extreme regret at being com
PEELED to differ from Congress Then he states tina
he has objections to National Bank per Sc. Mr.. B
said that as he had formerly confessed he was him
self no lawyer but he had learned Latin at schoo
and if he remembered rightly, he had learned tina
per meant "of itself" and he did not understand
very well how National Bank could be said to exis
but Of itself Next the President says that the Vet
power be exercised only in opposition to the will
Of majority. This was very clear, and no on
would deny it. Next, he objects to the title of tn
bill. On this he would refer only to "rumor," Ono
the stwo-legged rumor," which had been formerly re
ferred to in this House. but the acknowledgement ru
NOR which said that the title of this bill as reporte
by the Currency Com mittee to the House was in tn
handwriting Of the President himself Next tn
president states that the provisions Of the bill do nc
co~adict its tie" and this they were to infer, wa
one OF the reasons why he could not sign it. Agai
ne says, e bill prohibits Congress from esablIshin
any similar insitution for twenty years" Perhaps
they had sent him bills to charter half dozen sue
institutions at once he would willingly sign them
Then athe Bank Is to deal in bills of Exchange bl
excludes local discounts" The President says thu
all other banks deal IN bills Of exchange well
local discounts, and therefore this Bank should moi
These are his constitutional objections to the bill
aBut he also finds fault with the etas 1t does nj
regulate the price of exchanges. It does not autht
rze discounts in the District Of Columbia, where i
nomnally located. And so on, with other particulars
in the auctioneer's phrase, "rather too numerous
mention Suffice it to say it is without competi
NJ hal ard N favv aUo ,af
proposition to establish two National Banks at once
one for the North and one for the South, but had
supposed that it had been seriously contemplate
except by some of the sky-scrapers Of Virginia.
"Moreover, the President says, he "has not ha
time" He, the President of the United States hav
ing filled almost every high Office in his own Stae
and in the National Government, now tells the Ma
ton that he has not yet had time to consider this sub
ject! He talks too of the popularity of his stua
lion + What peculiarly Of situation 2 Elected b.
the high office Of President deyolves upon him. HI
comes here and throws himself into the arms of tn
Opposition, whom his party defeated, and turn
against those who elected him. And now, he "begs
us not to be too hard upon him but to remember h
has signed every other bill but those for the creation
of National Bank.
s'He talks of our "god-like ancestors" Who ar
they--if not Washington, Jefferson, and Madison VIII
signed bills for the charter and extension of Banks
As to the style Of the Message, it was production
from certain condolences that might be the produc
ton Of the correspondent of the New York Herald
He Mr.. Botts) had boy Of fifteen now at school
whom he did not believe capable of producing com
position with SO much tom-foolery in It. He meant n
disrespect he felt no excitement now, no indigns
ton; but he had watched over that Baak bill as on
friend would watch over the death-bed of another
until his mind had become much familiarized wit
excitement to be thus affected on this occasion.
IA message was here received from the Senate in
forming the House that they had receded from thei
amendments to the Diplomatic Appropriation bill, :
had passed the bill to repeal the Act authorizing tn
investment of u s. trust funds in State stocks, witt
an northumberland had appointed committee O
conference on the amendments TO the Revenue bill
(The conclusion Of Mr. Botts's speech and tn
whole of the speech Of Mr.. GILMER, who followed
him in reply are excluded for want of time and space
Full notes were taken; but the late hour of the ad
journment prevented the reporters from giving eveI
an abstract of any but the two speeches here PARTIAL
| reported. Some unpleasant personalities passed be
tween Mr.. Gimer and Mr.. Bolts, which were subse
quenty adjusted by mutual explanations and retrac
y: tha int Mr., A. III