The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1841-07-31

al this session; and if taken up, The DIM
culties Of the details will defeat 1t. It
a majority Of the Wings would agree TO
include corporations, II might succeed.
Mr.. Buchanan deemed it proper to give
notice that if the Bank measure should
be forced through the Senate at this ses-
sion, he would raise the standard of Re-
peal. He declared, emphatically, that
the law would be repealed, and he should
warn the public against giving their con-
fidence to the institution He was ready
to argue the question and show that Con-
gress had the constitutional power to re-
peal a public act of this sort. Mr.. Clay
would not, he said, discuss this question
now; it would be time enough when the
bill was passed, 81 when the proposition of
repeal was offered. tgentlemen on the
other side submit such a proposition, and
the moral feeling Of the country will re-
buke them. They will be worse beaten
at the next presidential election than they
we're last November.
Mr.. Wright will proceed again to-day,
with his proposition for amendment At
ter him, Mr.. Buchanan, Mr.. BENTON, Mr.
Linn, Mr. Allen and others, will offer a
mendments and GO into the discussion at
length. Those gentlemen will discuss
the bill till next session, Mess the
screws are resorted 10, and if Mr.. Clay
has majority for the bill, which is doubt
full he probably has it also for the adop-
ton of some means for terminating the
discussion.
July IA.
The weather is oppresively hot, and it
has been found difficult to keep a'quorum
in either House. Many of the members
are complaining Of indisposition. 1t has
been rumored that an attempt would be
made TO lay the bank bill on the table in
the Senate, and take up the land bill and
that the House would, in the meantime,
proceed to consider bank project, which
is to be reported from their Currency
Committee. The project to be reported
in the House, is Mr.. Clay's bill, with Mr.
Rives' amendment. But whatever the
House may do, it is not probable that the
Senate will lay their bill on the table
They will press it to a vote, whatever
may be its fate. The opinion that the
President will refuse his signature TO
Mr.. Clay's bill, has gained strength
The only chance for the passage of any
bill, at this session, is that sufficient
number Of Mr.. Clay's friends in the Sen
ate will give way, and allow, the Rives
bill to pass that body. This may be the
result.
The Bank discussion in the Senate,
yesterday, was full of interest. Mr..
Wright brought forward his amendment
providing, in substance, that in case Of
suspension of specie payments by the
bank or any of its branches, it shall be
liable to the provisions of compulsory
bankrupt law. Mr.. Wright, Mr.. Benton,
Mr.eWalker, Mr.. Buchanan, Mr.. Wood
bury and others spoke in support of the
amendment,con that, as this bank
was to regulate the currency, it ought to
be secured from suspension; that, unless
suspension was prevented by provision
of this sort, Congress would indulge the
bank, in the case of suspension, and that
thus permanent irredeemable paper cur
rency would be fastened on the country
that the provision was no other than was
applied by law to all the banks in the
state of New York, where it had proved
u wholesome regulation, and kept the
banks in sound state, and that, if this
United States Bank should ever suspend.
all the other banks in the country would
be obliged to follow.
Mr.. Berrien, on the other hand, contend
ed that the provisions already in the bill
were ample to prevent suspension, as the
Bank must pay IL per cent. damages on
suspended paper, and also be subject to
the loss of its charter,by act of Congress
that the capital and operations of this
bank bore small proportion to those oil
all the local banks, and that there was nc
propriety or justice in applying rule to
this Bank which was not also applied to
all other banks. Should the Bankrupt bill
including corporations be passed it would
OF course embrace this bank.
The amendment was lost, yeas 22,nays
25. In the course of the debate Mr.
Berrien made very ably and impics
: sive argument against the power, mora
and constitutional, of Congress to repea
this charter, if it should pass.
In the House, the morning hour was oc
cupied with speech from Mr.. Browne, o
New York, on the Mcleod case, wherein
he opposed the course Of the administra
ton on the subject.
The bill appropriating $146.0oO fo'
the payment Of Navy Pensions. due from
the exhausted Navy Pension fund, wa
f considered, and, after much opposition
passed.
The bill making appropriations, to tn
amount of 100000 for the presen
year, for naval ordnance stores, &c. wa