The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1841-07-20
From the n. Y. Express.
Washington, July 18th


The Bank Bill is moving on to the focus,
which will be reached, it is hoped, by Satur-
day, at latest. The ill-designed amendments
of Mr. Wright, proposed on the 18th instant,
and relating to not much else than 'matters
and things in general were furnished. The
author of them was heard in their defence in
a very plausible and able speech, but the end
thereof, as you see, was vote in the negative.
The opposition had the speaking pretty much
to themselves, and the friends of the admins
tration had the voting pretty much to them
selves. This will be the course of events to
the end of the session-except so far as the
Misrepresentation of the party may be refer
red to a monsylative negative. Beyond that
nothing. Action is demanded by the country,
and the wings in the senate are disposed to
suffer all they may, and all their party may by
argument and falsehood, rather than consume
the time of the senate by unnecessary delay.
When,- therefore, you see, as you might one
day last week, seven loco foco speeches, and
but a remark or two only in reply, you may
know the cause and actions to the last, the
party mean to consume all the time they can
get possession of. Silence on the part of the
wings, and a general monopoly of the time of
the Senate, it is yet hoped will shame them in
to something like decency of action.
| wrote you last night that there would be
compromise, and that compromise would be
necessary to The success of any bank bill before
ii could rece rue the united approval of congress
and the Executive To-day has confirmed the
opinion, and the evidence of it will be forth
coming. A BANK BILL WILL BE PASSED, and
it will be Clay's bill with an inmaterial a.
mendment, so far as any principle is involved.
The states asking for branches of the mother
bank, will have them of course, and in addi-
ton to this, predict that power will be given
to Congress to establish Bank where Con-
gress may determine to establish it.
In New York, it is believed, that vote of
two thirds of the members of the Legislature
would be required to establish Branch of a
Bank there. Such is the opinion of the Sec
rotary of State at Albany, and the general
opinion of those who have looked into the
Banking Laws of N. York. An amendment
that | have named, therefore, is the only COM
promise which can be made to meet the wish
es of all parties who are in the fog of con-
stitutional scruple upon the well-establshed
law and practice of the country. In regard
to the Bank, then, what may seem doubtful to
yOu HON, Will DcCOlic CeTtdln DV the Close OF
the week. Even, if Mr. Clay's Bill should be
defeated by vote or two,as is not impossible,
without the amendment engrafted upon it, or
new Bill introduced.
Be assured that Congress will not adjourn
without making bank, and that the admins
tration Senators are III the best frame of mind
for making the best bank they can for the
good of the People. 1t is much easier to de-
nounce the Executive and the National Leg
stature, than to know the embarrassments un.
der which both are surrounded. The Presi-
dent has his opinions, and always had them.
Southern Senators had theirs, and retain them.
Others differ with them, and in such state
of chaos it is idle-it is worse, it is downright
mandness to say there shall be no concession,
no compromise, no union. l am reioiced to
assure you there will be all these, and if the
light does not burst through the cloud as soon
as you could wish, yeu must be glad with the
many here that it is to come at all, after so
many and such portentious storms.
The vote will be taken on the 18th, as
have said at the latest, and in the absence of