Southern pioneer, and Carroll, Choctaw and Tallahatchie Counties advertiser. (Carrollton, Miss.) 1840-1842, 1841-07-03


CORRESPONDENCE OF THE BALTIMORE AMERICAN.
WASHINGTON, June z, l84l.
SENATE.
Mr.. Bayard of Delaware, from the select
Committee appointed to take into considera-
ton the respect due to Gen. Harrison, the late
President, reported joint resolutions, providing
that the chair of the President of the Senate,
and the seats of members be shrouded in black
during the session, and that the members wear
the usual mourning during that time. The
Resolutions also appropriate sum for the re-
enumeration OF the expenses incurred by the
late President. These resolutions were SUBJ
Isequently ordered to be engrossed.
A FISCAL AGENT.
Mr.. Clay then introduced Resolution call
ing upon the Secretary of the Treasury, to
communicate to the Senate with as little delay
as possible, the plan of such Bank, as will,
in his opinion, produce the happiest results,
and lasting and important benefits TO the coun-
try.
Mr. Clay in offering the resolution, said he
was induced SO to do by the suggestion in the
Treasury Report, that a Bank might be crea-
ted which would reconcile the conflicting
opinions of all parties. Mr.. Clay doubted
the possibility of effecting so desirable re-
suit, but was anxious, nevertheless, to see
what plan the Secretary had.
Mr.. Woodbury. read a portion of the Re-
port to show that the Secretary had doubts in
his mind whether a Bank was constitutional.
| Mr.. Clay said the criticism was hypercrit-
ica, but the Senator from New Hampshire
would be relieved of the necessity for criti-
csm, if he would pass his Mr.. Clay's Resolu-
ton and see what his plan was.
Mr.. Wright had two exceptions to the Res.
olution, Ist, That it required the Secretary
to report The plan of Bank; and I'd, that it
must be an Incorporated Bank.
! Mr.. Calhoun wanted the resolution to make
wider scope, not to be confined to a Bank,
but report IN eEtenSo from the Secretary
giving his views.
81 Mr.. Buchanan was very anxious to see this
"fscal AGENT" that was to work wonders and
to bring about millennium at once. The
Constitution, he added, would trouble them as
much whether the Bank was located in Wall
street or the District of Columbia.
After some notifications suggested by Mr..
Rives, calling upon the Secretary for his plan
of fiscal agent or Bank, the resolution was
adopted.
Mr.. Clay submitted the following resolu-
tons:
RESOLVED, In the opinion of the Senate, al
the present session of Congress, no business
ought to be transacted but such, as being o.
an important and urgent nature, may be sup
posed TO have influenced the extraordinary
convention of Congress, or such as that the
postponement of it might be materially detri.
mental to the public interest.
ReSolued, therefore, in the opinion of the
Senate, that the following subjects ought first
if not exclusively, TO engage the deliberation.
lof Congress at the present session, viz
! lst. The repeal of the Sub-Treasury.
Cd. The incorporation of a bank adapted
to the wants of the people and of the Govern
ment.
3rd. The provision of an adequate reve-
nue. for the Government by the imposition o
duties, and including an authority to contrac
temporary loan, to lessen the public deb
Icreated by the last Administration
4 18th. The prospective distribution of tht
proceeds of the public lands.
9th. The passage Of necessary appropria
ton bills.
! 9th. Some notifications of the banking
system of the District OF Columbia for tht
i benefit of the people of the District.
Resolved, That It is expedient to distribut.
the business proper to be done at this session
between the Senate and House Of Represen
Itatives, SO as to allow Of both Houses acting
| on the same subject at the same time.
THE SUB-TREASURY REPEAL.
The Senate then went into Committee o
the whole upon Mr.. Clay's Bill to repeal tht
sub Treasury.
Mr.. CLAY in speech Of length explained
his views upon the subject. II the sub-Ifea