The Madisonian. [volume] (Washington City [D.C.]) 1837-1845, 1841-07-31

Mr.. BENTON moved TO postpone the bill indef-
nitely, and al some length gave his for this
and in opposition 10 the bill. He subsequently with
Mr. SIMMONS moved to reconsider the vote of
yesterday on the proposition 10 limit the issue Of
OF not less denomination than 30. he had voted in
the negative but from conversations with his friends,
was thought desirable in the present state Of the
currency, TO make the proposed change.
in view. H " '0#.
The motion to reconsider was taken by yeas and
nays and decided as follows: . ..'.. ...
YEAs-Messrs. Archer, Barrow Bates, Bayard,
Eperren, Clay, OF Ky Clayton, Dixon, Evans, Ora
rick, Miller, Morehead, Phelps, Porter, Prentiss,
Preston, simmons, Smith, of Ind, Southard Tall
madge, White, Woodbridge
NA1S-Messrs. Allen, Benton, Buchanan, Cal
McRoberts, Mouton, Nicholson, Pierce, Rives Sc
vier, Smith, of Conn, Sturgeon, Tappan, Walker,
Williams, Woodbury., Wright, Young-23.
The question recurring on the amendment, as mo-
difed by a provision giving Congress power here
after to make the lowest denomination Of notes
dollars, ' "
Mr. BENTON opposed the amendment.
Mr.. SMITH, OLA, advocatedit. He had always
been opposed to small issues, but would 90 to
five dollar minimum One Of the objects of a Nation
al Bank to furnish a sound and uniform circulate
ing medium and to this end be should vote for the
amendment.
The amendment was then adopted, as follows:
NAYS.-Messrs. Archer, Barrow, Bates, Bayard,
Berren, Clay, of Kentucky, Clayton, Dixon, Evans,
Graham, Henderson, Huntington, Kerr, Mangum,
Merrck, Miller, Morehead, Phelps Porter, Prentiss,
Preston, Simmons, Smith of Indiana, Southland,
Tallmadge, White, Woodbrdge-T. L
YEAS.-Messrs. Allen, Benton, Buchanan, Cal
houn. Clay, of Alabama, Cuthbert, Fulton, King,
Linn, McRobers, Nicholson, Pierce, Riyes, Sewer,
Smith, of Conn, Sturgeon, Tappan, Walker, Will
liams, Woodbury., Wright, Young-22.
Mr.. CLAY, of Kentucky, expressed his desire that
tor from Missouri Mr.. Benton) had pressed his mo-
ton to postpone, he should have been much satisfied,
had not the Wings unanimously voted against it, -
In the state in which the bill now STOOD in relation to
the branching power, it could not secure the vote of
would be 26 against and IS for it. In this state of
things they had done, on this side of the House. what
oughtto be done under similar circumstances. They
had nteIchanged opinions persons agreeing in the
general object and DESTROYS Of union in accomplishing
that object. He need not say that, with regard to
nineteen Senator's they decidedly preferred the bill as
il stood in relation to the branching power. Bur,
while this was the case they owed It TO the county
they owed it to their BRETHREN and to the great object
of accomplishing all that good ultimately which they
had hoped would be effected by the passage ofthis BILL
as far as they could to reconcile their opinions with
those who, concurrng in the end, differ ed with them
as to the means. They had, therefore, sought most
anxiousy for some proposition which, without sur
rendering abandoning any great power which they
thought appertained 10 this Government, and ought
not to be surrendered might at the same time, assume
such form that the friends of the main object might
be able to- unite on and thus give to the measure the
consummaon which was desired by the people, which
had been SO anxiousy looked for, and which they
wished 10 accomplish. ."a s"
1t was proper for him to say that in looking out
for some common measure, they had confined their
inquiries this body exclusively; or in other words,
they had endeavored to learn what might might
not be the opinion of chief of ordinate depart
ment of Government. And he might say it for all,
that they had neither sought desired to know
the opinions of the chief of the department. to whom
he had REFEREED not that they did not entertain the
most profound respect for him, but because they
thought according to the true meaning Of a consu-
tional Government according TO the nature genns,
and spirit of the Constitution it their duty to
think decide and act for themselves leaving for
other departments Of Government to act on their own
responsibility 83s giss, g5a7
Feeing %, he was Sensible that tho 2soposition he
which IS hoped awoasl Be- recognized "a only here
but elsewhere by those whose co-operation might be
necessary 10 decide the fate Of this great national
measure With these remarks, he would beg leave TO
submit to the Senate the following amendment:
To strike out from line 25l to line 253, in the 10th
fundamental rule, and insert the following:
"And the said directors may also establish one or
competent offices of discount and deposit in any
territory district of the United States, and in any
State with the assent of such State; and when es-
tablshed the said Office Offices shall not be remov
ed Withdrawn by the said directors prior to the
pration of the charter without the previous assent of
Congress Provided, in respect to any State which
shall not the first session of the Legislature there
of held after the passage of this act by resolution or
or dissent to the establishment of such Office
offices within it, the assent of the said State shall
thereafter be presumed; and provided, nevertheless,
that when it shall become necessary and proper for
carrying into execution any Of the powers granted in
the Constitution, to establish any office or offices in
any of the States whatever, and the establishment
whereof shall be directed by law it shall be the duty
of the said directors to establish such Office Offices
He then explained the nature of the amendment
showing the compromise, and expressing the desire
that would be united in by the friends Of the mea-
sure for the good Of our beloved country and the
union and harmony Of those by whose councils its
prosperity and happiness would be once more re-
stored. .."
Mr.. RIVES replied at some length, expressing his
regret that he could not consistently with his prnci-
Piles unite with his friends in this amendment, and
giving his reasons therefor. His remarks will appear
A' Messrs. SIMMONS and PRESTON advocated,
and Messrs. CALHOUN, WALKER, and Bu-
CHANAN opposed the amendment.
Mr.. CLAY further supported it, appealing to his
friend from Virginia to unite with him.
Mr.. RIVES replied, in a debate of much interest,
opposing the amendment.
The question was then taken on the amendment,
and carried, by the following vote
YEAS-Messrs Barrow, Bates, Bayard, Berrieu,
Choate, Clay, of KY, Dixon, Evans, Graham, Hun
tington, Kerr, Mangum Merrick, Miller, Morehead,
Phelps, Porter, Prentiss Preston, Simmons Smith, of
Indiana, Southland, Talmadge White, Woodbridge
-25.
NAYS-Messrs Allen, Archer, Benton, Bucha-
nan, Calhoun, Clay, Of Ala Cuthbert, Fulton, King,
Linn, McRoberts, Mouton Nicholson, Pierce, Rives,
Sewer, Smith of Conn, Sturgeon, TaPpen, Walker,
Williams, Woodbury. Wright, Young-24.
Thus the amendment adopted.
The question engrossment for third reading
was then taken and decided in the affirmatve-Yeas
IS, Nays "a (The vote being precisely similar to
that on the amendment of Mr.. CLAYO