The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1841-08-19

and, On melton a Mr. Barnard, took % /
he AZ EIou ths Selsis b puoride Cor
unilosln system Of bsnkmpteF flrouEh0ut
he Uniled States. The BIZ Eas read
through snd shen hid aside. and mo con-
mittee rose.
Mr.. Sergeant moved thai the commit
tee q nc whole On de state Of de union
Be discharged fuom he eonsiSeralion Of
ths Senate bill No. 4. being . bill in re-
lasion 10 he repeal Of the sub-ireasury, in !
order 10 rs being taken up in the House.
This motion, altar some confusion, and
under The operation Of The previous ques-
tion. szs decided in the Affirmative. and
the bill was taken up Cor consideration in
The House.
Mf. Pearce Of Md. haEing obtained the
floor. went into speech in detail. in re-
ply 70 that made by his colleague (Mr.
Mason which he quoted as he proceed
ed. The body Of the speech was Of To-
cal character. referring 10 The history Of
the late presidential canvass in Maryland.
Mr. ]. T. Mason replied with some
warmth. re-afiirming and defending the
positions he had taken in his previous
speech.
Mr.. Gordon Of New York. and NJ.
Shields. addressed the house. each during
his hour, in opposition 10 the bill.
Monday. August Q.
The states being called in order, vari-
Gus resolutions were submitted. The
committees were then called in their or
der for reports.
The bill for the repeal Of the sub Urea
snry law was then again taken up.
Mr.. Pickens. Mr.. Sleenrod and Mr..
Hastings spoke in opposition to the bill;
and Mr.. Hunt and Mr.. Meriwether IN ia
yor Of il.
Mr.. Meriwether expressed his utter in
ability 70 discover how the friends Of the
sub-Treasury came to the conclusion that
twas a measure separating the bank from
the state. For his part, he regarded il in
a light directly the reverse; and quoted
from the report Of Mr.. Secretary Wood
bury, made at the last session Of Congress,
% show that there was scarcely bank in
the country with which the government
was moi now closely and intimately con-
nec.ed. And he went on 10 contend, that
the sub-Treasury rendered it almost i'm.
possible for the Government 10 shake of
these mushroom institutions, which had
sprung into existence ever since the war
had been commenced upon the currency.
He next entered into some statements TO
show the great expense incurred under
this system in the collection and disburse-
ment Of the revenue. lie condemned the
sab-TTeasury as not answering the ends
aud purposes which its advocates had
claimed for il, when il became the law Of
the land; and he pronounced ii as hum
bug Of the veriesi kind, which had been
forced upon the country by palming upon
this House representation from whole
State that had not been elected BY the
People.
Mr.. Giddings said that during the las,
1 eight months which this House had been
engaged in Legislation, more than two Of
those months had been spent in discuss.
ing this question Of the sub-Treasury and
its antagonist measure. In that time,
something more than hundred and two
speeches, he believed, had been made and
published, and By hundreds Of thousand:
sent forth to the People. He believed he
, woald now better subserye the interests oi
those who sent him here by endeavoring
to bring the debate u close than BY max
ing a speech. He therefore called fol
the previous question.
A call of the House was then made, and
persisted in until 200 members appeared
to be present. And the motion for the
previous question being seconded, the
main question was ordered to be taken.
The amendment Of the select committee
was agreed to. and the bill ordered TO a
third reading, and the bill was passed
yeas l34, nays 81. 5..
+ Tuesday, August 10.
On motion of Mr.. Barnard, the house
resolved itself into committee Of the whole
on the state of the union, and took up the
bill from the Senate to establish a uniform
system Of bankruptcy. ".@s
Mr.. Barnard chairman of the commit
tee on the Judiciary opened the debate in
speech in which he . gave concise
sketch of the history of the present bill.
He explained its provisions and comment
ed on the nature of the obstacles hitherto
presented to its passage, and concluded
with an impressive description of the
embarrassment and distress prevailing
throughout the country amongst that I'M
fortunate class whom this bill could alone
relieve.
i Mr.. Nisbet, Mr.. Roosevelt, and Mr.
Mason of Ohio, addressed the house in
favor of the bill, and Mr.. Gordon Of n.
Y. and Mr.. Ferris in opposition TO it.
Wednesday, August IL. ]
The Bankrupt bill was again taken up
in committee of the whole, the question