Mobile daily commercial register and patriot., 1841-06-30
WASHINGTON, June 2l. SENATE.


 SENATE.
 Mir, Clay introduced to-day the report the Sec retary's project of Fiscal Bank of the United States They resolve it all into Bank of the Uni ted States, after the model of the last.
 The committee declare that the establishment of Natonel Bank is indispensable: l0-l
 That it is to be regarded as settled question that it is constitutional:
 That the question of expedency would not be dis cussed: Lr rrf H...t
 That it is the deliberate opinion of the committee, that immense majority of the people are in favor of and call for United States Bank. and that it shall be established at this special session:
 That the committee determined to dismiss all ex perinents, and take for the basis of the new Fiscal Bank the last charter of the Bank of the United States: .-s
 wtA TA, may isS 6ss 66sqs s to 'R,l y %ons a That the dividends be limited to seven per cent: if deficient one year, to be made up by the surplus of subsequent years surplus per cent to 20 | to the United States:
 That it's loans and discounts shall not exceed its capital more than seventy five per cent:
 That It's affairs shall be open to the inspection of the Secretary of the Treasury, committees of Con | gross and stockholders:
 
 | in its vaults, further loans shall not be made That no paid officer of the Bank shall receive ac- | commodations by loan:
 That embezzlement by any officer shall be held as | felony
 | These, as far as we could catch them. were the principal features of the report.
 The report repudiates altogether the two features of the Bank introduced by Mr. Ewing to satisfy con stitutional objections. The most material is that which, in Mir. Ewings project, required the assent of the States to the establishment of branches within them This, the report treats as yielding the uues- on of the constitutional power of Congress to estab fish a National Bank It argues eaborately this question, and insists the establishment of branches without the assent of the States, to be essential to | the system contemplated by the committee Another point on which the report wholly repudi- ates the Secretary's plan, is that which proposes to establish the principal Bank in this District So far from doing this, the plan of the report takes the whole banking power out of the District, not even permitting office of discount and deposite to exist within the District. It proposes to have board of directors as beard of control within the District; but bank holding any part of the capital or pos sessing any power to discount. This, So far from laying hold of the right of Congress to create bank ing corporation, the root from which the States would draw branches abures altogether the author- ty of Congress this District as furnishing con stitutional power establish National Bank in the ten miles, to spread it's branches over the Union but | on the contrary, claims the power as applicable to Sthe United States only, by denying even branch with banking powers within the District These the two essential particulars, on which it is understood the President holds views diametri- caly opposite to the committee; and the committee have, notwithstanding the adjuraton of the National Intelligencer, boldly determined push the Presi- dent to the wall, and make hm surren Ter at dscre- tion. It is said by of the friends of Mr. Clay, that it has been ascertained in caucus the measure can, be carried in Congress without regard to the itutinn al al, Sol, ed plan was intended to remove. We infer, there fore, that Mr. Clay Is willing try conclusions with the President before the people, fine dare venture on a yeto.-[Globe.
 ...8 JUNE 2l. To-day the Committee on Finance in the Senate reported their scheme of United States Bank-and it is bank out ond out; in all it's main features the old United States Bank over Ewmg's project to gain over Tyler, by concessions, and reconcile the measure, to some appearance at least, with his con stutonal scruples, are conemptuously thrown over board,-lt determined in caucus, it is said that the feature leaving the States to accept of bran ches, was at all hazards to be stricken out. The constitutional question therefore nakedly bluhled up to Tyler If passes Congress in this shape, he cannot help vetoing it. The Wings must expect this, or they must have the most profound contempt for him. Mr. Tylers friends appear to have no doubt of his course.
 The poor Secretary seems to have no appreciation sympathy from either of hts friends or hls foes After Mir. Clay had finished his report from the Fi- nance Commttee rejecting his notions as to U. s. Bank, Mir. Calhoun commenced on his Treasury re- port, and continued the process of demolition and attrition begun by Mir: Woodbury.7-The fabricatons and inventions of this report absolutely disgrace ful to Mir. Ewing as man. Do not be surprised if two weeks from this time, the whig party and the present Cabinet are dissolved. That is at pre- sent, the aspect of things here. r.nif .r
 Webster has courted all the democratic members of the House--a thing unheard of before, and Mir. Choate, is said, opposed strenuousy in committee the Bank B reported by Clay. It is also rumored that there has been high talk m the Cabinet, on &C., count of Bell, letting some Cabinet secrets The President probably has found out that he is more of spy of MT. Clay's than his adviser. -[Chas. Mer. .f WASHINGTON, June 22.
 In the SENATE, to-day, Mr. Allen, presented copy of the proceedings of a meeting composed of large number of the citizens of Cincinnati opposed to national bank. Resolutions were appended to the proceedings, declaring that should law for char ter be enacted, measures should be instantly taken for its repeal. Mir. Allen said he concurred heartily in the sentiments of the meetng and said that as soon as it was announced to that body that bank charter had received the signature ofthe President of the U States, he would give nouce of his intention to ntro h,s.m sd .irs rsl Aae yii s'd5' .qyUHN .rTlUYIH .H IL