Democratic standard. [volume] (Georgetown, Brown County, Ohio) 1837-1850, 1841-06-22

msnt was modified.
Mr. Benton hoped the resolution as
thus modified would be read.
The resolution with this alteration,
was read os follows;
ResoIpsd, That the Secretary Of The
Treasury be directed TO Communicate 10
the Senate, with as little delay as posi-
BILE, the plan of such Bank or fiscal a.
gent, as being free ofconsttutional objec-
tons, will, in his opinion, produce the
happiest results, and confer lasting and i'm
portant benefits on the country.
Mr. Calhoun was satisfied to let iho res
olulion 60 with this alteration, although
he had at first been in favor OF modifying
it, simply to call on the Secretary Of the
Treasury to report fiscal agent.
MIR Benton said he did not like the
resolution, even as now amended. The
wording, both before and now, seemed
10 be calling for report of such Bank
as would "promote the general welfare"
instead of fiscal agent for the receiV-
ing management, and Disbursement Of the
public money.
MrClay said he adopted the amendment.
The question was then taken on the
resolution, as amended and il was agreed
10.
Mr.. Benton said he had offered several
esolutions some days since, which were
laid on the table at the suggestion Of the
Senator from Kentucky He would ask
that they might now be taken up
Mr. Huntington moved 10 lay them on
the table.
Mr.. King said they could not be laid
on the fable until they were taken up and
before the Senate.
Mr. Huntington withdrew his motion,
TO take up. +
Mr. Sewer then moved that the resolu-
ton submitted by him some days since,
in reference 10 the transfer Of Gen, Ar
buckle should be taken up.
Mr. Huntington having objected,
Mr. Sewer said that though Senators
might prevent the resolution being taken
up, they could not prevent his speaking,
and he would endeavor to get the subject
before the country in another way.
SPECIAL ORDER.
The Chair announced the special order
Of the day-ths bill to repeal the Indepen-
dent Treasury law.
The bill having been read, FL.
Mr. Clay, after some preliminary re-
marks proposed the following as a third
section: tE.a. u .
And be it further enacted, That oil oI
the act entitled "an act 10 regulate the
deposites ofthe public money" which
psssed on tho % June 1885, except
the 18th and ID sections thereof, and the
act supplementary thereto, wich was
approved on the 4th July, 1886, entitled
can actsupplementary 10 an act entitled'an
act 10 regulate deposites Of tho public
money passed the 23d June, 1885," be,
and The same are hereby repealed; Pro
uided, That this repeal shall not effect
or impair any securities which may have
been taken for the safe keeping Of public
moneys deposited with any Of the banks
in the said act mentioned, nor any reme-
dies to enforce the said securities which
have been or may be hereafter ptCsecu.
ted
Mr. Calhoun, afier expressing his un.
willingness that the public moneys should
revsli 20 the exclusive and uncontrolled
custody ofthe Executive, offered the fol-
lowing as a substitute Tor the amendment
Of Mr. Clay:
Strike out all after the enacting clause
aud insert: "ihat so much of the 5th sec
ton Of the act Of 23d June, 1896, as pro
vides that no bank shall be selected or
continued as place Of deposite of the
public moneys, which shall, after the 4th
day of July, 1886, issue or pay out any
note or bill Of less denomination than
five dollars, and that no notes or bills oI
any bank be received in payment Of any
debt due to the United States, which shall
after the said 4th day of Jnly, 1886, issue
any note or bill OF less denomination
than FIVE dollars, be, and the same are
hereby repealed"
A long and interesting debate followed,
in which Messrs, Calhoun, Benton, Rives
Barrow, Clay Of Ky. Mangum, and Pres,
ton, took part--Messrs. Barrow and
Rives taking decided stand in opposition
to the proposition Of Mr. Clay of Kentuc-
y, and in favor Of the substitute Of Mr.
Calhoun.
Mr. Berrien having obtained the floor,
at the re quest Of many Senators he NOV.
ed an adjournment,
And the Senate adjourned.
HOUSE.
June 7M.-The house passed the day
In somewhat ill-tempered debate upon
Mr. Adams's motion against the re.es.
tablishment Of the 2lst rule as a law OF
that body, The chief participators in it
were MIR. Adams, Mr.. Wise, Mr.. Cost
Johnston, and Mr.. King; Of Georgia.
Fire and a half o'clock, the vote was
takeR--ayes l25 to 81 nays-so Mr.. Ad-
ans, amendment is adopted,
SENATE.
Ys,ma 9II Tha Ian a. -.-n-l 81