The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1841-06-29

The Wings of the country, however, may
cease TO have any anxiety respecting the pas
sage of Bank bill of some kind or other. The
demonstrations in both houses have been suffi
GENTLY clear to establish the fact, that a banl
can be, and will be established this Extra ses
sion, and that the executive will approved bill
not essentially obnoxious to his own views.
1t is highly desirable, though, that Congress.
should move fast. Here we are in the fourth
week of the session, and how little has beer
done, but what an abundance said.
Senate, June %.
FISCAL AGENT.
Mr.. Clay, from the committee on the Cur
rency, reported Bill to incorporate the sub
scrbers to the fiscal bank of the United States
which was read first time, and ordered to a
second reading. Mr.. Clay then submitted a
report from the committee which was read
From this document, it appears that the bill
embodies the plan of the Secretary Of the
Treasury, with few and very important mod
ifcations. The assent of the States to the H.
PRODUCTION Of branches is dispensed with.
Mr.. Clay then moved that the bill be made
the special order for Wednesday, and that the
bill and report be printed, which were ordered,
and also that 1,500 copies be printed extra.
Petitions praying for the passage of bank.
rupt law were presented by Mr.. Tallmadge
Mr.. Wright, Mr.. Huntington, and Mr.. Clay.
Mr.. Merrick presented a memorial in favor
of bank.
On motion of Mr.. Clay, the select commit.
tee of the currency were discharged from the
further consideration of the memorials submit.
ted to them.
Mr.. Clay, Of KY, laid on tAe table a reso.
luton requiring that the daily time of meeting
shall be ten o'clock.
A resolution offered by Mr.. Mangum, on a
local subject was agreed to.
HoUsE-REPEAL CT THE SUB-TREAsURY.
Mr.. Fillmore asked the House for the sake
of despatch to refer to the committee on WAYS
and Means the Senate bill for the repeal OF
the Sub-treasurv.
After some debate Of dcsultory character
the bill was taken up and read twice.
Mr.. Fessenden moved that the bill be refer
red to a committee of the whole without any
reference to the Com. on WAYS and Means.
MIR. PIckens protested against such refer
ence to the Committee of the whole. Such a
course would be an insult to the committee on
Ways and Means, and show want of conf.
dence in them. Here was bill proposing to
place the treasure of the country under the
control of the Treasury Department, without
any restriction of law, and yet the gentleman
from Maine wanted to bring it through the
House without the proper examination of the
bill by the Committee on Ways and Means.
That Committee of all others were appointed
with view of preventing too hasty legislation,
and yet here it was proposed to bring the, bill
through without ceremony. The bill which ii
was proposed to repeal originated with the com.
mittee on Ways and Means, and the present
bill ought as matter of course to 90 to the
same committee.
Messrs. Mason, Fessenden, Fillmore, Ath.
erton, Tillinghast, made some brief remarks
after which,
Mr.. j. W. Jones contended that in case OF
the repeal of the sub-treasury law, the deposite
act of 1886 would be necessarily revived
That act was passed in state of things which
does not now exist, most of the banks south OF
New York having suspended specie payments
and not being in a condition to receive depos
ties under the provisions of that act. He hop
ed therefore that the present bill would be re-
ferred TO the committee on Ways and Means
Mr.. Sergeant said it was not of much i'm
portance as to which committee the bill Wa.
referred, either to the select committee on the
currency or to the committee on ways ant
means. All they wanted was that thorough
examination Of the details of the bill might b
had, and it could be accomplished by refer
ence to either committee.
/ Mr.. Calhoun, for the sake of saving time
moved the previous question, but withdrew il a
the request of Mr.. Adams.
! Mr.. Adams observed that the bill sought t,
be repealed was one providing penalties, &c
and therefore ought to go to one of the stand
ing committees of the house. He was in ia
vor of a reference to either the committee o,
Ways and Means or the Select Committee Oh
/ the currency. He then moved that the bill
be printed, as it was contended that man,
members of the house did not know what tn
bill was.
| The bill was then referred to the COMMITTEES
on Ways and Means, and ordered to be printed
ayes 100, noes II.
Correspondence OF the Express.
Washington, June 20.
| The House were able at last 10 get throug
| act riv;nr 000 doll,rs 10 tho