Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-08-19
CONGRESS oF II UNITED STATES
MONDAY, Aucusr I6, 1871.
IN SENATE.

SLhi OF NY. said: l take pleasure, in com
pIlanee with the request OF a highly tssprctabl,
meeting of citizens OF the county of Buckin.ham
"" virginia, IN presenting its proceedings. That n
among tue most respectable and one of the larres
eoun''es IN the Ancient Dominion. Situated on m,
south side of James river, Il is distinguished for in
Ie!nsence, wealth and responsibility. The Sennt,
VIII recollect that the proceedings OF a former m, ,t
ing IN that county composed, According to an,
newspapers OF some IS prrsors) were presented tc
TINS BODY, denouncIng this Extra Session aud II,
prominent measures. This meeting was held nnei
an extensive notice, aud an invitation 10 oil p,rt,,
10 attend. In consequence, between seventy an,
elghty gentlemen attended. The popular meeting
IN virginia are not usually rs numerous rs those a,
the North or IN the West.
Upon the assembling and organization NJ ,hi,
meeting, a was appointed TO drausht re-.
solutions expressing its sentimenls and the maio.
my and minority Of the committee both presented
reports. That OF the majority was adopted by a
vote OF ~ against I. The meeting expressed IN
their resolutions their appreciation of a Nations
oahh, ana their hope that one will be cstab Iishcd
uutlnS Tue present session of Congress; and then
conNlcton that the Sub-Tteasury is n pcrn,rious
and anu-republlcan measure, which they hone wi
DC repealed during this session. | am extremely
happy, sir, that this last wish Of the meeiine vii
oe Sraihed, rs that odious measure, sicn,IIy con.
dsmued by the People, has been defniiiyely rereaI.
eu, with all the sanctions required by the Consti,u.
uon. l sincerely hope (although ! lament to say it
Is almost hoping against hrpe) that the National
Bank, which the meeting approves, will also he es.
tablished during this session.
The meeting express, in their resolutions their
appreciation OF the other prominent measures of this
seSNon-the distribution VI the proceeds of IN. mi.
lie lands, the bankrupt law, &c. And ,bsv d.
nounce, IN severe but just terms, CORRESPONDENTS with
the well known honor, problIy, and good faith of
virginia, all attempts TO violate the pc igeJ faith of
The nation, by repeating a charter granted under a |
I'el'rns and with the authority OF the Constitution.
move that the proceedings OF the meeting be
AID on the table and be printed.
Mr. presented memorials from FIVE or
SIX importing houses engaged in tie business of
Je"'ry, watches, &c. representing that an iu-
creased duty on those articles would lessen the re-
venue, owing, TO the facility with which they arc
SHnuSsied' They say that ) percent. would add
more to TIE revenue than the 20 per cent. coniem
p'ateo' Lao on The table and ordered 10 be prr ted.
Inc Teso ution NIT some days since by MIR
Linn, requesting the President OF the Un,ted States
to give ro;Ice L. The British Government. under the
convention OF 1927, 'or the permanent occupation of
Oregon, &c. was taken up; and, alter SOM. remarks
from Mr. and Mr. PRESTON, 1t was passed
ovsr Informally.
The Senate then proceeded to the order Of the
Day, beng the bill to distribute the proceeds of the
public lands among the States.
w LA OF AiaolmI, moved an amendment
TO the oui, which provided that there should he. al
1he L'ns oil such distribution, in the Treasury, a
surplus equal 10 the amount Of said nett procccds
Hi'eL meeting and satisfying all demands AGAINST
me united States Tor current expenses and nppro.
pralo.s, and the Necessary provision for the paw
hGnt oi any portion oil the public debt which may
On THIS amendment a debate ensued. in which
AlesSrs. SMITH of In, BENTON, andCLAY of
Alabama, participated.
VETO OF THE BANK BILL.
IEe / tsidcnps Secretary, Mr. John ryler, .Jr.
n7w appeared, having made hs wav with some
Iihe"tY through a crowd winch surrounded the
q or OF the Senate Chamber, and delivered 4 mes.
sage from the President, reiurniro In, KIN ,mr ~.
charteroia Fiscal Bank, with his objections there
10.
The further consideration of the land distribution
OIL was 'hereupon iriormaily passed over. TO I've
resumed tomorrow; ard the message was I,ad a,
the SecretaTy's table, as follows:
r. The Senate # Hs United States:
The aII entitled "An act to ncoTpor,tc tho sinh.
scU5ers TO the Fiscal Bank Of the Upi,ei ST. -
which originated IN the Senate, has been considered
Dy me, with a sincere desire 20 conic.m my action
N regard 20 1t, TO that of ia, Two Houses OF Con
EFess' by me Constitution II is made nv duty. Ell
'heI Il approve the bill bE signing Il, or ID return II
with my objections TO the House in Which !, o,;si
hatea' J. c'nnot consclentiously give Il my appro.
va, and l proceed To discharge the duty required o,
approving. W 81"
The power Of Congress to create A Sa,;onn, mix
to operate per Sc over the Union, has been a ouss'
ZION Of dispute from the origin Of our Cover
hehL Wen most Justly and deservedly esteemed
Tor Their high intellectual e~ndowments, her yirtus
ana lleIr PATRIOTISM, have, in regard TO il. enter
tanned different and conf citing opinions. Con.
crosses have differed. The approval of ono Pr
dent has been followed by the disapnroy,I oC mo
thef' he people at different times have accuicsrrd
IN decisions both for and against. The country has
ECU, anu SUI vs. deeply agIaIcd by this unsettled
question. IL will suffice for me TO saw lb,r uyoyn
opinion has been uniformly procllimgd ~ 10 Hn',
ne exercise OF any such power by this Governnsnt.
IN al suitable occasions, during a period Of tyenrv-
hVo years, the opinions thus entertained have been
unieserVedly expressed. declared il in the Le.
sisIature OF my native State In the HouEc oC
representatives VI the United States il has bsrn
openly YIndIcaiCd by nc. In the Senate chsn,Isr
IN Tie presence and hearing Of many who r. NJ
TINS time members Of that body, il his been ,4i~m.
Gu 9huIeathrmcd, IN speeches and reports there made.
ara by votes there recorded. In popuIar assspbE.s
! nave unhesIiatIng,y announced Il; and the las,
PuoIc declaration which ] made, and that buta short
llWe before the late Presidential election. | referred
10 ny previously expressed opinions as Icing those
then entertained by me With a full KNOWLEDGE of
,hc opinions thus entertained, and never concealed.
! was e .ectcd 10y the Dcop'e Vice President of the
United states. BY The occurrence OF a continscnry
prOVioCd Tor uY the Constitution, and ausing under
an impressive dISpensltion OF Providence, | succeed
co 20 the Presidential Office. Before entering unon
me duties Of that office, ! took an oath that would
preserve, protect, and defend the Constitution Of
.he United Sta'Cs" Entertaining the o1iniops n,Iyd-
90 70, and having taken this oath, the Senate and
country will see that | could not give nv sane.
non 20 "a measure of the character Described win.
'ut surrcndenng all claim to the respect Of honor,-
'e men-nU confidence on the part OF the people
~ sc.i-respect-nll regard for moral and ~rcI;giorg
without an Observance of which M
government can he prosperous, and no peopIc rap
happy. IL would be TO commit a crime which I
you'd not wiituiIy commit 10 gain any earthly -.
FarJ, and which would Justly subject me 10 the RI
iicuie and scoTn Of all VIuuUus men.
deem u entirely unnecessary nj 'bis tina, to-.
upon inc reasons which have brought my mind
- VIC CONVICTIONS l ieei and entertain on this sub.
ll' lhcy nave been over and over again rcps,teJ
u some OF those who have preceded me in mi. bigb
.hse nave entertained and ayOweI GIfsun, ouin
On', } yield all confidence that their cUuyicuons
we're sincere. claim only tO have The same m-a
urc mcicd out TO myself. Without g1Ing Cirtb,r
mo TIC argument, ! will say lhit, in look NJ TO the
overs OF this Government, 10 collect, ssigiy keen.
.n' disuursc the public revenue, ugd inciiant,Iiv
y regulate the commerce and exchange, have NOT
'ttn ncIc TO satisfy myself HAT the csJrrfisImrpt
lhiS Government Of . bank OF discount. 10 the
fdinIry nccopta;ion Of that term, was usrrss,ry
means, or one demanded by propriety, to execute
hose powers. What can The local discounts of The
nnk have TO do with the collecting. safe kreping.
md DISTURBING Of the revenue So Tr as tho 5pora
i5c0untinE Of paper IS concerned. n rs quite imm4. !
su1I to this question whether tho discount IL OH.
llned at q STATE Bank ora Unifcd Snfcs Bank
ihey are both equally lOcIl-b1'h bpvlorir, and
10Th ending IN a local accommodation. What ia
lucnce have local discounts, granted by any form Of
,ihk, IN the regulating oithe currency and the cY.
Let the history Of the ATE IT,. s. Bark
hI as in answering ibis irguiry.
For several years after tie Establishment oc That
ms tuition, u dealt aim 81 collectively IN roe,i Jq.
.'un'si ana during that psu5d the country vas, for
ne most part disappointed in the conssquercre
Wv 'lF'l9H from Us incorporation. A Uniform cur.