Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1841-08-31
CORRESPONDENCE Of DE Conrler.
WASHINGTON, August Is.

$4,000
and compromised their
differences, and seem prepared TO go
On with the objections of the session
with more steadiness and union than
ever. II is asserted that they are now
more compact, as a party, than before |
the veto. The caucus held on Tues
day night, determined TO pass the
Bankrupt Bill, and TO get up another
Bank project and pass it. On the
same night, all the Wings in Congress
assembled at Mr.. Webstel's house,
where, il is said, he addressed them in
a most eloquent and impressive man
ner, in favor of union and compromise
of opinion, for the sake of the party
and the country. He distinctly an
nouncedto them that the Cabinet
would cling together, and maintain
their several posts, which was receiv-
ed with great appreciation BY all pre-.
sent. Several other addresses, ofthe
same tenor, were made. The re-
suit was seen in the action of both
houses, yesterday.
The House Of Representatives re-
considered the vote laying the Bank
rupt Bill on the table. Yeas los,
nays 90. The question then recurr-
ing on laying the bill on the table, the
decision ofthe previous day was re-
versed, by majority of thirteen. The
amendments which were made to en-
barrass the bill were reconsidered and
rejected. and the bill was finally passed
yeas Ill, nays LOG.
The bill, as itpassed, provides that
it shall take effect on the first day OF
FEBRUARY next.
The House next took up the Senate
bill re-chartering the District Banks,
and passed it.
The Senate chamber was again
crowded, at an early hour, in the ex-
pectation that Mr.. Clay would speak
on the Veto Message. But when the
hour of II O'Clock arrived, Mr.. Der
rien said he was constrained bv {;
sense of duty TO move further 10 post
pone the subject till tomorrow. Mr.
Calhoun protested against any furthe
postponement, without a reason Civ
en- for it, and intimated that the rea
son was Of nature that required con
cealment.
The motion was agreed to, yeas %
nays 81.
The Bankrupt Bill, with the Hou
se's amendment, fixing the time whe
ii shall take effect, was taken I'D an,
the amendment concurred in. So til
bill needs only the signature of tn
President TO become law. Mr.. Cal
houn said the bill would seal the fate {
the wing party. The present admin
istration was doomed. Mr.. Bento
: said the bill was passed only by
compromise, and with view to sc
e cure the passage of the Land Bill
and 1t would be repealed in ten day
;. after the meeting of Congress at til
next session.
The Land Bill was discussed; ain
IN the course of the debate, some re
y marks were made, shelving the presen
: position of the wings and their mea
il sures. Mr.. White said he hoped anC
!: believed thatthe Land Bill would pass
and that it would not pass alone, bu
r accompanied by other measures. Mr..
Clay said he hoped Bank, compe-
tent and efficient Bank of the United
States, might also be established be-
fore the termination of the session.
Its now settled that the Land Bill
, will pass. The defeat of the Bank.
, rupt Bill would, it is said, have caused
its failure. Ii is also certain that anoth
er Bank project will be brought for
ward in the Senate.
WASHINGTON, Aug. 20.
| At12 o'clock yesterday, the Sen
ate proceeded to reconsider the Bank
| Bill, returned by the President. Mr.
! Clay addressed the Senate about an
| hour and half, in moderate and Dig
nified tone, treating the President with
kindness and respect, but sweeping
away the argument and some of the
statements of his message. He show
ed that Mr.. Tyler was pledged by his
address to the people Of the United
States, on his accession TO the Presi.
dency to give his sanction TO mea.
sure for the restoration of the currency
and that in deciding what means were
constitutional for this object, he promi.
sed to be guided by the example O
Madison. Every where, by friend
and foe, this was the construction put
on his address, and is dispelled every
doubt as 10 Mr.. Tyler's course on the
subject. He (Mr. Clay afterwards
found that he had still some doubts,
and, in defence of these, he and his
friends yielded the name of the Bank,
the place ofits establishment, and,with
the greatest repugnance, consented
to the 10th fundamental rule, in a
spirit of compromise and kindness,
which, he said at the time, would, he
hoped be reciprocated here and else
where. The President had criticised