Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1841-07-17

| Mf. Woodbury. C0ISu dttcutiuu VI iHO 1et-
ate 10 The true state of the question. He took
occasion 10 repeat what had been done when Con-
gress Sc ct a committee IN Philadelphia TO exam
Inc into The condition Of The Bank, and the man
ner 10 which they were treated.
The question then taken on the motion TO
amend, and decided 10 the negative, ayes y, noes
f25.
Mr.. Walker then moved TO amend By providing
tina, the books shall be open TO any number OF
stockholders above ten.
/ Mr.. Buchanan hoped gentlemen on that side OF
/ the Senate would agree to this amendment.
| Mr.. Clay-no Sri cannot.
| Mr.. Buchanan--He had doubt that it would
| be opposed by the Senator from Kentucky. But
nothing could be more reasonable than this amend
menf. Ten could never unite for any purpose OF
mere curiosity. Under The present charter. there
is no publicity. He was opposed to all secret So
cie;ies.
| The question was then taken on the amend
ment, and il decided in the affirmative-Ayes
"a noes %.
| Mr. Benton offered an anendmen, requiring
that hooks shall be kept in which a list of all
bill. of exchange offered to the Bank shall be en-
tered.
The question was taken and decided in the
negative, nves %, nays %.
Mr.. Walker moved TO amend by adding 10 the
17th rule requiring that the vote on any discount
shall be taken by ayes and noes, and entered on
the records.
Mr.. Clay considered the amendment to be I'M
| necessary The Bill already provided that the
books shall be open to examination.
Mr.. Walker said his object 10 fix the re-
sponsibity of improper discounts upon individ
ua directors.
Mr.. Clay had objection it the proposition
could be modified make it dependent on
The call of three directors whe Their the ayes
and noes shall he called.
Mr.. Walker was willing TO modify go AZ TO make
the amendment apply only 10 notes of 1000 dol
lars and upwards.
Mr.. Berrien moved to amend the amendment,
by addiag the words, ''where the same grant
ed,''-aves p, noes II.
Mr.. BlYard moved to amend the amendment
by adding, "f demanded by any director pres
ont" Ii there was no opposition to discount,
the taking of the ayes and noes merely a
waste of time. In cases of opposition, any mem
Der could call for them under THIS amendment.
Mr.. Bayard modified his anne ndmen,, so as to
read--''if any member shall dissent
Mr.. Walker accepted the inoditicaiio
The amendment was then agreed to.
Mr.. Benton moved an amendment, prohibiting
any secrecy towards Government Directors.
Mr.. Berrien suggested that this already
provided for.
Some conversation took place between Mr. Ber-
rien and Mr. Benton in reference to the necessl-
ty for the motion.
The question then taken the amend
ment, which agreed to--syes %, noes %.
Mr.. Woodbury. moved mendment prohibit
ing any officers from making dona tons, stock
holders, except after due notice, introducing such
prov sion-whici he laid over for future action.
ni D~..'v.. ...~.~i .-4i-- So - -
lion' as of the modes In which il shall pay
out its substance.
Mr. Clay said as the bank was privileged to
deal in bullion it ought certainly 10 have the pr-
viiege of parting with 1t.
Mr.. Huntingt ton explained the meaning of the
clause in the bill, which seemed not to be under
stood BY Mr.. Benton.
-, IL, -,
cessary in the 22d rule. The word was not re-
qured as he supposed it not in tended that
the Bank should pay out bullion ordinarily. lie
therefore in favor of the motion.
The anne ndment was agreed io-ayes 90, noes
2I.
Mr.. Clay Of Alabama, NOV ed 10 amend the pro-
vision prohibiting the renewal of notes, &c. by /
adding sand that every such contract for renew
al shall be null and void"
The yeas and NAYS ordered on the ques-
ton, which was decided in the nega,ive-ayes
19-noes "a.
Go motion of Mr.. Huntingdon
Tho Senate went ir,o the consideration of Ex- .
ccutive business, and when the doors were REQ
pened the Senate adjourned.
In the HOUSE, 9th, the debate the Distribu-
ton Land Bill brought a close, and bill passed.
oy vote of 1lG to los.
On the 9TH, Mr. Wise. from the Committee on
Naval Affairs, reported bill making appropra-
lion for the purchase of Naval Stores, Ordinance
md Ordinance Stores, and other purposes Read
Twice, and referred to the Committee of the
Whole.
Mr.. King. from the Committee, reported
bill for the Home Squadron. Read twice and
eferred 10 the committee of the Whole. Five
thousand copies of the report were ordered TO be
}: inted.
Mr. Pckons rose TO inquire hen the commit
ee on the Currency INTENDED report on the
ill from the Senate, entitled bill TO repeal the
C: commonly known 5 the Sub-Treasury act
Mr. Sergeant replied. but the first portion OF
lis could not be heard. He said he re-
oliscted that when the reference OF the bill had
zen under debate, it had been said that in The
Committee of Ways and Means there was "an .
ndercurrent;" new IN the Committee on the
currency there was current at all "A :
,ugh.l The Committee had had the bill under :
heir consideration and carefully examined IT, and