Bloomington herald. [volume] (Bloomington, I. T. [Iowa]) 1840-1849, 1841-09-17

HOUSE OF KEPREsENTAT1vcs, Aug 2l.-Ihe
bill creating Fiscal Corporation" or the
new bank bill, being under consideration,
Mr.. WISE said he confessed he was not
prepared to debate this bill, and he did not be-
ieve that any body else was, excepting the
gentleman from Pennsylvania, Mr.. Sergean)
who had just taken his seat The bill was
laid upon the table this morning, and he had,
with friend, been engaged in comparing the
bill No. IA, with the amendment Of the COM
! miitee, and with the vetoed bill. He went on
| 10 give his views rs TO the difference between
them. He said his views were half made up,
| and crude. and if he was incorrect he would
ask gentlemen to correct him. He said the
difference between the establishment of branch
| es, and the establishment of agents was about
| the same as between Fiscal Bank and Fis-
| cal Corporation.
He said you might fly kites and run race
horses upon this course, as upon the course at
| New Market. He said you could not obtain
the discounts by name, it was true; but he
asked what the difference was, when he want
ed discount, between his drawing bill upon
friend at New Orleans, for S., 900, and SELL
ing it TO the bank, and his friend drawing up.
en- him here for 5000, when he wanted a dis
count. and selling it TO the agent bank at New
Orleans? He asked, after reading the paper
which he held in his hand, the veto, whether
any gentleman here believed that this fiscal
measure could become law.
MIR. W. read an extract from the veto mes
sage, and asked if this was not bill to create
National Bank, to operate per Sc over the
Union. The President did not object to the
form of the creature, but 10 the power to Gre
ate-to incorporate National Bank to operate
per Sc over the Union.
He said all the power this Government held
was in its national or in its locu! character
If he held il in its local character, it never
could create bank to operate per sc over the
United States and if it held it in a national
character, why steal it from the Constitution,
by cheating the conscience Of the President,
by calling branch an agent, and bank cor
poration! He asked if any one would pre-
| tend that capital Of $4,000. 900 was neces-
sary for the d district of Columbia? He claim
ed that it was National Bank, to all intenis
and purposes-to collect and disburse the pub
lie money from the Passammaquoddy to the
Sabine, and from tine Atlantic ocean to the
most western tribe. 1t was to be the omni-
present Treasury, to operate per Sc over the
country. He asked, why press again upon
the President bill which he had expressly
| declared it would be crime for him to sane
| ton?
He said gentlemen had drawn deductions
from the veto message not justified by the laa-
guaye. He said the change of language OF
the bill would not alter the bill. Neither could
| an agent be put in State without the assent
Of the State. He asked why the Sub-Treasu-
| ry was repealed at the moment 1t was. Gem
| ,Iemen had overleaped themselves il repeating
| it. They might, after the veto, have left him
| with the Sub Treasury unrepealed, to be ar
| ranged before the American people, and gone
home. He said the House had passed the
| Bankrupt bill as ii had passed the Bank bill,
| by lodging it and had made a minority bill
OF il. He laughed at the idea of throwing at
John Tyler the bloody bones of purse and
| sword. He did no, believe that he had eyer
| had sword bnckied 10 him and as for purse,
the nation had none. 1t had been said that the
| Cabinet was in favor Of a bank. But who
| were the Cabinet! Tenants OF sufferance. and
| not his Cabinet. The Cabinet was organized
With the seeds of its own destruction in it,
| 1t was an union of the House of York and
Lancaster--of the white and red roses. He
| asked who it was that read lessons to the
| friends Of the President of the United States
par excellence. A disappointed politician, who
failed to get the vote of his own party, and
who now not only determined to be the pow
| er behind the throne, but the power to stride
over the throne, King and all, like colossus.
| He did no, acknowledge the Cabinet or the
| majority here as the President of the United
States. He asked when the President ever
| recommended bank or distribution OF pub
| lie land to tax the people eight millions OF
dollars, and break the compromise act! Any
| man who endorsed the rumor that he and his
| friends were the Kitchen Cabinet. lied. 1t
| the President had Kitchen Cabinet, with
barber 10 preside over it, another had man
Charles to preside over his cabinet, and white
Charleys, too, to do his bidding. He said the
| friends of the President par erceAence had been
compared to a corporal's guard. HE would
| tell them that they might be acorporaPs guard
| here. but he would point to the masses.
| Tall oaks from little acorns grow,
LaIge streams from little fountains flow.
He said the Wing party, like every other
| monstrous fetus, was pretty much stubborn.
| 1t died before the Inauguration.
Mr.. WISE'S hour now ran out.
| MIR. TURNEY, of Tennessee, now moved
to strike out rhe enacting clause of the bill.
MIR. WISE now claimed and succeeded in
getting the floor upon the new motion.
He now began upon Mr.. Clay, whom he
scored under the image of Rnmer, and show
ed his arguments in relation to the alternatives
in the most true and laughable light. he SAID
Rumor, tall, sandy haired, long nosed ora
ter. wished the President to resign, and II the
President had resigned. Rumor would have
considered him the most clever fellow IN the
world. Rumor might then have got his place.
He said Rumor, without sucl, resignation,
| ,yo,ld oet hut little here below, nor get that