Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-08-16
REPEAL OF THE SUB TREAsupv

wednesday last, on the bill for the repeal of tb
Sub-Treasury Bill, with the amendments from IN,
House:
MIR CLAY, Of kcn;ucky, from the Committee or
snanee, reported the h.l for the repeal of IN. sub
= rIasnTy, with the amendments from the House
WIN winch the committee recommended a eoncur.
Itence.-lIe moved to take up the bill now.
! MIR WRIGHT suggested that the bill loo pos,pon,
| 10, US the Senator from Virginia (Nr. Rives) wa.
ioI present. who had taken an interest when the bill
80, 'o'o unuer consideration, IN the subject en-.
ITaeed IN one of the amendments
MIR CLAY would be very happy if the Senator
hu a'l oiherS were present; he thought Il was Inn,
,oEtant nj this stage of the session. to take nm npI
1ass The oil now. IL was well known that the Pre-.
ldent had before him another important matte, ;.
iediaeiy connected with this subject. and !, y,o,j
he same time. O'' "i'' III
Msssrs. KING, BENTON, and CLAY. of All,
the OH not to he taken up now, as they were
unPepared on TINS subject, and had had no time To
9nsIder the amendmenis having been out this NOR,
i,s reported from the committee
Mr. CLAY, of Ala, moved TO proceed IN Tho or.
az, OF me day, the morning hour having expired.
wi LA Of NY, moved TO lay the d. s,ribu.
,ii,n b'i on the table, with view TO take mn Nh.
Il ior lhc repeal OF the Sub-trcasury WV
hr CLAY, OF Ala, raised point of order ,b,,
re regular orders could be laid on the tnb ri
!, was announced by the chair '' wa
Some conversaliOn arose on this md NJ CIAU,
- n.y., Withdrew the motion the orders or ths i.,,
y,ere annoupeod, and Mr.. CLAY then renewed M,
oton tolay on the table the Lard Bal. WV
On this, Mr. WRIGHT called the yeasnnd n,ys
al the motion was carried. Yels 23-r,,.S S5 "''
!" Thus the Distribution Bill was laid on ,hs Ill.
And onmoton Of Mr.. CLAY, OF Kentucky. tho
u ior the repeal OF the Sub-Treasury was taken
"Mr CLAY saii the Committee on Finonc, 70.
e, hl"yhucu Tue adoption OF the amendments They
,u rte Iut IWoj one To repeal what was fnmillnrIv
Iled The, Pet Bank System, wiki the excen,ion II
or OF US pfoWsohSi the Other was TO rnpe, The
Ia when prohibited the Government from r,cciv
irs notes Of less denomination than twenty dollars.
ne Bank bill provided Tor an issue Of not AZ
= dol lrs-ths act was therefore useloss H.
ped both attachments would bc concurrel m
"'hr CALHOUN moved tlat the BuI no most
aed untu Saturday next The reasons vice. tia,
y would DC hdcicate, useless aud wrong. twas
'oHeHie because It would cmb4rrass the action or
,,IIl resident upon the Bank
- Q had seen 4 stated that the President, ,youId
;Htne snip Delaware ON Saturday and no nrs
ned Without knowing any thing tbat The op,n.
iois OF sho president would DO known before that
~, II would be useless TO Tcpr1I H.. n,e,s,r,
wy because the Bank Bill II il received the sisnS-
e OF The President practically repealed the Bill II
sSuld be wrong because If the Bank Bill ,v,s NO,
s;s leo the pubic money would be under the con-
trS ., the president, measure which the friends of
~ ADMINISTRATION had deprecated
IVY CLAY Ildif the Senator mean, 10 ersc,
h seli INTO Tribunal Of decency, he mir Claw
.'ud plead from his jurisdiction lie wa, incorI,!.
ent to Judge of what was dccency on his mir
Efy'S) part, or on the part OF the Senate.
What had been hIs object in moving 10 take nm
Il bill He had no design of connecting the two
- tiers. lie should think that itwuuld be agre.,
T. to the President to have toh subjects before
h 4 at once. Congress were to 60 on, and pass
In alter bill, and It a number came before tho
plsdent at once, il would enable him 10 mel mora
= iersl'ntngiy on them.
THE gentleman had said that in q certain contin-
- ICY, this law was wrong. He (Mr Claw be-
+ ed whatever might happen, that their espect 10
ths Hish,S OF Ine Fcop.e would induce them to re-
nj the Sub. Treasury, tony rate.
vs. 10 It's being superseded by the Bank, it was
mat some OF ITS provisions OF the two acts IN
- cred, and some did not; when this was the case.
III Bank bill would superscdc the other Thew
sit'uld act on matters that came before them. and
- all due respect, send them 10 the Executive.
~ houI reference TO the fact Of others being before
MIR BENTON said the President must feel him.
g.. embarrassed TO have both subjects before him
a'ir PRESTON said the Senate had acted on
=, subject about two months since. They had
lie II the first act TO comply with the expressed
. mons Of the people, and had repealed the Sub.
sISasury. Then, as now, It's friends cried "eive
- lew days longer before this is repenled - and
~ they entreated him to spare this cherished sub
- q LITTLE longer Did any body doubt the gene
sentiments on this measure when they consider
~ he unqualified condemnation from the peonle:
-, IN they considered the action of the other House,
" this House, on this subject Did any body
y BIT the opinions Of the President, and with what
y )? and heartfelt satisfaction he would sign the
! IN warrant OF this odIOus acR Now, its repeal
" objected 10 "IndelIcagcr to the whig Pfosi-
y =, anb that by those who did al they could in
1yentng this ndc.Irlcy, 10y the defeat oi his cleo
-. They now come forward TO protect him ffom
w. injuries hs friends would Iuflcl on him. ire
~ ucd HIM OF the ancient maxim, "IunsO DIHaos
u, '0Ha JsrsuisS."
q friend Of the President, and inclined TO
. 'cci all his feeling political or Otherwise. lie
80 nd vote for sending this U,ll % hun now, scIItv.
~ that IN the act they performed the Wi Of tho
,''7le OF the country, and tOr which the President
y I'D thank them. lie had no communication with
y" PrCsIdont, but believed he would sign this,
u lever was done with the Bank bill. II no other
lcnsure were adopted he would sanction this
Ieasuro. Why pauscl Where was the ndcl.cacy
Embarrassment To- the President Tuis, II signed,
Ec1me law To morrow. Would the people OBJ
bet to il II the Bank wore not established The
sue was rnIde between the Sub. Treasury and any
her sysem Of revenue. lie tNr P.) would pre-.
u any other plan 10 this; Il had been decidedly
bndeinn,d, and should nOw he repealed.
Messrs BENTON and PRESTON made some
hrthcr remarks
| Mr RlVtS said he was not in his place wh,n
~ debate commenced, and had not hcard the pre-
IUus remltks Of gentlemen. For himself lie saw
)" -easonHb.e cons deroiipn for posiponing any nc
Pi on lMs sInl2ct. WI hput any communication
With the President Of the United Sinrcsh e tJt RO
'rhevcd ho wouil have no Objection to having both
Measures before HIM; under any circumstances, he
you'd do his duty 70 the people Of the United States.
lie did not SEQ that II Hns necessary consequence.
they acted on this subject, that the President OF
he United States would hr In celebrating on an
Ehor measure without any alternative but is nGop-
IN Gentlemen seemed TO think that the amend
vents Of the other liogFs would ho ain ptrd as n
natter OF course. Yves That sOi Gentlemen would
ecuI.Cct, when Che bill was passed, provision q a
imI.ar character WIS aclCd on 10y he Senate and r..
ccCl They would not accept uf The Sub.IrCisu-
y which ihc'rOpronguis tHd held out In their hands
'5 plank to save The party now M power from the
,hpwrCCk which they anticipated lUr thCW, he be-
iCvcd neither the President nor those who acted
with him, would accept ui So tIppury pink as
.hi7. lie (Nr RI should vote as he had done be-
Tore and II the majority Of tho Ssnhtc voted 40 cy
hufyi which bod been condemned IVY on ovrrwhCIrn-
ing majority Of the people Of this coun,ry--If this
were So, the President was not .a't with the single
Of approving the biiI now ~ his hands.
whatever hC would 90, no person was less than in
formed Of than he tMr r. was; lie would state
frankly That be had no knowledge directly or nIi-
roc'ly Of the course Of the Presidents but from his
knowledge Of the mln hc would say, thot IN what
ever state things THE matter was presented 10 him,
he would do his du'y Ia. his country.
lie thought, therefore, the course was pIain-thnl
was, 10 act on this measure. They oc'oi ON II in
obedience 10 the will Of the people, Immediately ni-
ter they met 10 had been Kept ull this time in tho
House, and now they should in the same spirit Of
expedition act on the amendments.
Mr.. CALHOUN said he Ind moved tho post.
ponement, that tho President might not be cmbar-
raised He took d for granted that the President
would not wish 70 have the Treasury Of the United
40 tra saHFl hH.r I.F. -