Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1841-07-27
WASHINGTON, july IL.


project of Bank, of constitutional char
ter.
WAsHINHToN, July ID.
The Loan BIZ has passed the House of
Representatives, by vote of 124to 90. The
form ofthe bill was essentially altered, on mo-
ton of Mr.. Fillmore; and it provides for loan
OF twelve millions, at Sir per cent, reimburse
bic, at the viii ofthe Secretary of the Treasu-
ny, after six months notice. or at anv time af-
ter three years from the first day of January
next. The reason of this amendment as Mr. F.
stated, was that the present term, should dis
charge the debt bequeatheG to it by its prede-
cessor.
The House is now quite ready for the Bank
bill, butt will not be able TO gel it from the
Senate, till the beginning of next week
The 18th of August is talked of by the Whir
Senators as the day of closing the session,
but this cannot be done, unless they should
be able TO dispose of the Bank question.
as they propose, by the end of the weeS.
Mr.. Talmadge made strong appeal TO the
Senate in favor of action on the Banky7tpt hill
at the present session. 1t was, he said the
greatest measure ofrelief that could be passed
at this session. He wished to direst the sub
ject of party character. He was himselfon-
posed TO including the Banks in such BIZ. but
he would take it with that provision rather than
Mr. Walker also urged the Senate IN act
on tins subject as soon as the Bank was dispos-
ed OF. lie believed that the measure was do.
manded by the people, and ne was determined
very soon to have the yeas and nays or. taking
1t up. lie was for including the Banks. bnI
would stu vote for the bill, without that pro-
vision, IN the hope that they would DO Ultimate
y included 1'''i''''S-
Ihere is certainly strong feeling in favor of
action on the subject, but still | am moi san
gune that II will be taken up at this session.
and lftaken up, the difficulties of the details
Will defeat it. famaiority of the whips would
agree to include corporations, it might sue
coed.
The Bank Bill was again discussed in the
Senate, and Mr.. Wright brought forward q
number OF important amendments.
Mr. Buchanan deemed it proper to rive
due notice that, if this measure sbonld he
forced through the Senate at this session. he
would raise the standard of Repeal
Mr. Clay would not, he said, discuss this
question now; it would be time enouoh. when
the bill was passed, and when the propos,tion
OF repeal was offered. Let gentlemen on the
other SIDE submit such a proposition, and the
!ne feeling OF the country viii rebuke them.
1hey VIII be worse beaten at the next pres
Der. ON
Mr.. Wright will proceed again, to- day,with
~, Ms propositions for amendment. After him,
M sn Buchanan, Mr.. Benton, Mr.. Linn, Mr..
alien and others will offer amendments and
go INTO the discussion at length. Those
gentlemen will discuss the bill tin newt ses-
sion, unless the screws are resorted TO. and
II Mr.. Clay has majority for the bill, which
Is doubtful, he probably has it also for the adop-
ton OF some means for tempering the. dis
cussion.
July Id.
The weather is oppressively hot, and it has {
Deen difficult to keep a quorum in either
rouse. Many ofthe members are complain. !
ing OF lndlspostion. 1t has been Iumored that !
an attempt would be made TO lay tue Bank Bill
on the table IN the Senate, and TO take up the
Land Bils--and that the House would. ~in the
mean TIME, proceed to consider Bank proiect
when IS to be reported from their Currency
committee. The project to be reported IN
ne i1ouse, Is MIR. Clay's bin, with Mr.. Riyes'
lmendment. But whatever the House NAV
10, It is indispensable that the Senate will
ay their Dill on the table. They will press
. vote, whatever may be its fate. The
'plnlon that the President viii relnse his
signature to Mr.. Clay's bill has gained
trengtn. Tue only chance for the passage
Il any bill, at this session, is that 3 snf;- |
lent number of Mr.. Clay's friends in the
Senate will give way and, allow the Riyes
MI to pass that body. This may be the
esult.
In the course Of the debate, Mr.. Berrien
made very able and impressive argument
gainst the power moral and constitutional,
# Congress to repeal this charter. fit shonld
,ass. ~''~''
In the House, the morning was occupied
With speech from Mr.. Browne of n. "
y the Mcleod case, wherein he opposed
ne course of administration on the sub
ect.
The bill appropriating $4,000 for the
'ayment of Naval Pensions. due from The |
Navy Pension fund, was consid-
red, and. after much opposition, passed.
l ne BIZ making appropriations, to the
amount of S600000. from the present wear