Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-07-30

4 the bank free to establish Offices. Il was no
| probable that there would be suuisy dissenting
state and Il there were few, skill the location u
branches IN the VSintv % the States would accom-.
pliSh The useful purposes Of the Bah.
Mr.. CLAY then addressed the Senate at some
considerable length IN favor of the following amend,
moh'; "hhh was Co Sink" out portion OF the nc h
| fundamental rule, and 10 insert the following:
"And the said directors may also establish one OF
| more competent Offices Of discount and depOste ia
any territory dNlrc; Of the United States and IN
any State, with the assent of such State and when
established, the said office or Office, shall not be re.
| moved or vi hdrawn by the said directors prior TO
the expiration OF the charter without the preyiou,
assent oi Congress: Provided. in respect to any
State which sEo not, at the first session of the lie.
gsaluro thereof helC after the passage OF thus act,
oy resolution of other usual legislative proceed ng,
Internationally assent or dissent TO the establish
meni OF such office Offices within II, the assent Of
| the SAID State shall thereafter be presumed; and
provided, ncvrrihe ess, that when u shall become
necessary and proper for carrying into execution
any OF the powers granted IN the Constitution. TO
establish an Office or Offices IN any of the States
whatever and the cstab ishmeut whereof shall be
directed 10y law, 1t shall be the du'y OF the said di-
rectors to establish such Office or offices according
ly."
Mr. Clay having concluded, and the yeas and
nays having been ordered upon the amendment,
Mr. RlNES ct Va. rose and said, that he could
rot vote tor MIR Gays proposition. He regretted
this, but said he eonce we'd the proposition 10 be no
compromise. His belief was that the Bank would
not be constitutional unless the States gave their
free, full aud posi- i've assent The p,opnsition did
not yield this, and he could not vote for IL IL only
seemed to concede, butin reality mys,Ihed. IL was
Ike that OF Lord North m the Revolution upon the
subject Of taxation. 'lou may tax yours I've. II
you please, BUTT you Go not We will tax Won"
Mr. K. said th't ne would 60 r the suppor; of
the proid Ut the Secretary Of The Treasury, reoui.
ring the assent OF the States before the establish
ment of branch within the States but NO, for ms
MT "A VI sad ha ha.l -.
know some days since whai the compromise was
The Sen &c now had II, and though IN regard TO
friends he shon leave the difficulty to be settled as
best they might, he protested Sganst the amend
M nL tie regarded II as an attack upon the State
Sovereignty, and thought IN particular no man from
saveho ding State ST. on sJppptiL
VIZ WALKER continued the debate, and oppo-
sed Tie amendment as Unconstitutional and danger
Gus IN the extreme. Many harsh epishe,s were De-
MIR PRESTON supported the amendment zeal
ouSiy and Go,y-consdering It as presenting the
question IN foEn which would harmonse all men
and all opinions. lie REGARDED the "nec-ssity" ex.
lstnS IN the saIr.t Of the Constitution.
Mir CLAY OF Kentucky, sad he had no COM
plants To make, no regrets to utter ut the course
pursued by his honorable friend from Virginia IL,
thought that reflection would lead to a change OF
opinion. What was COMPROMISED A mutual con-
cesNon! The Senator should not expect that his
friends diff ring from him should concede all TO him
and he concede nothing To them. His friends had
made concession. They gave the Legislature
time to act N reference TO the branch proposed IN
the State.
They could give their disssn, if they pleased.
and the branch could no: be established un ess az
ter thus dissent "Concrcss should dec are il necrs
stry and prOpe5" The Legislature had whole
session to dissent, and not dissenting then, the
branch established as a matter OF course II
was contemplated 10 give each Of the twenry-Si1
States the power 10 dissent, and not 70 force a Bank
upon any State.
MIR CLAY, IN conclusion, EXPRESSED his un.fTect.
ed regret that his friend rem Virginia had wander
ed even Tor moment from the ranks Of the Re-
purl can marty.
MIR RlVES rtjoined in soll temper, but with
great earLcstness OF manner and maintained his
former position. The question was radical wrthal,
and fundamental, and he could not abandon Il
With his fIeEd from :. G. (Mr Pres,on) and his
friend from Maryland MIR Merrck) from whom ne
hsd not heard, II might bc question a. TO the ne
cessty for exercising power. With him. It was
deeper-a constitutional! objection which he could
not abandon.
The question was taken on the adoption of the
amendment, and decided IN the affirmative as fol
lows:
YEAS-Messrs. Barrow Bates, Bayard, Berrien.
ChOhte, Clay Of Kentucky, D1on Evan, Grsh,m,
Huntington, Kerr, Mangnm, M,ruck, Miller,
MoreheId, Ph- rs, Porter, Pr-u,.ss, Preston, SIM
Wine, Woodurjge-25
NAYS-Messrs. Allen, Archer, Benton, Ruch-
anan, Calhoun, Clay Of As., Cuabcrt, Fulton.
King, Linn, M'Rohefls, Nou,on, y cno son. Pierce.
Rive, Sewer, Smlyh Of Conn. Surgeon, Toppau,
Walker, Mi.iIams, Woodbury., wight, Young
81.
Here their were cries Of question on encro,s-
mtli-q l-s,on on cugr0s5mcut"
The question being then taken, the vote stood
Tor engrossmGnI follows:
YEAS-M.ssrs. B,rrow, Bites Blyard, Ber-
rlen, Choate, Clay Of KY, Dixon, Evans, Graham,
huntington, Kerr, Mangum, McrrIck Miller
Morehead, Phelps, Porter, Prentiss, Preston, Sim
mons Smith OF lnsar Sou:hard, TalIlnadge, White,
WoOdErdgc-25.
| NAIS-Messrs. Allen, Archer, Benton, Buch-
anln, Calhoun, Clay Of Ala, Cu,hbert, Fulton,
hing, Linn, MItoJe's, Mou,on, Nicholson, Pierce,
Ltlves, Sewer, Smith Of Conn. Sturgeon, Tappan,
Walker, Wilams, Woodbury., Wright Young
ri.
The Senate then adjourned, after a pro,rac.ed
session OI seven hours.