The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-09-11

sa.'a, - H. .monn, Of duties received on bank
noles between tie years Of 1913 and 1917, was adoP
ted II, h.
The following resolution, reported yesterday y
MIR BAYARD from the Select Committee, win re-
gard To the employment Of reporters came up on W
second reading
ResOIped That the Secretary Of the Senate be, anu
he i hereby authorized and directed TO employ corps
Of reporters, not exceeding i've IN number, = -,
commencement Of each session oil Congress, 70 iePo
the proceedings and debates Of the SENATE VINO Ana
be sworn or affirmed faithfully 10 discharge the w
lies Of their office and shall be allowed eoihpens
lion 10 be paid Of the funds for contingent
SEES not exceeding sixty dollars per wees lo' W
principal reporter, and ffiy dollars per wees ,o go
Of the others The business OF reporting shah pe -
conducted that the entire report Of the proceedings
and debates of each day shall within three houis ae'
the adjournment be placed IN the hands OF 'ne pm
Ter. The publication of the report shall be comIn'leu
10 The publishers OF such the daily papers as WIN
engage free from all charge first publish the entire
report IN their daily paper secondly, 70 iurnsh PROOF
slips thereof to any other paper 10 the District OF ~
lumbia the publishers of which VIII agree 10 pupiisn
The same entire and thirdly To furnish two copies OF
the report for the of each member OF the oehae
by nine o'clock on the ensuing morning ),
Ieso!red, That the Secretary OF the Senate be, ana
he is hereby authorized and directed to cause game
~ for the accommodation of the SAID reporters 70 ue
constructed Immediately over the char OF the ffssf
dent OF The Senate
Amer few remarks by Mr., BAYARD in its ia
vor-
Nh SMITH, Of Ia, moved TO amend The resou,
ton BY striking out Secretary Of the Senate and
inserting g President Of the Senate.
This was rejected
Alter brief remarks by Mr. CALHOUN-who
wished the resolution postponed till to-moIrow-ahu
By Messrs. WALKER and CLAY, of Ala IN iaVor
OF the resolution in adopted by vote OF 20 yeas
10 nays. q,
message from the House was received, that It had
tna stInnY mn ~
present session Of Congress, on Monday, the lS'h
instant, at l / O'Clock.
This resolution read and ordered to secoh'
reading,
Mr. TALLMADGE objected to its second reading
now.
Mr. WRIGHT raised the point Of order, that TINS
resolution did require three readings; ana amer
conversation, the point of order being sustained
Mr. PRESTON moved an amendment 10 'he re-
solution declaring that the act of 1853 for the regula-
lion Of the Treasury Department, and the resolunoH
of 1916 making further provisions on this SUBJECT 90
provide sufficient regulation for the safe-keepins
and disbursement of the pubic Treasury ann thA'
Congress ought adjourn until other provisions
for the protection Of the Treasury are made; ana
further that expedient TO provide by law Tor tue
deposit of the public funds, in spece-paying banks oil
the States under such forms and regulations as may
best secure their safe custody.
MIR. KING hoped the Senator would not press TINS
| amendment II had relation 10 the matter before
them, which was resolution TO adjourn. .
MIR. PRESTON said the resolution was TO al
| journ and this amendment provided that comm
gency should take place before the adjournment nc
condition of the country this two efforts al re-
eulaton for the public finances had been made py
Congress which had not met With Executive approna
ton Ii perfectly clear from the last veto ot the
President that, during the present Administrator
/ Bank of the United States is not 10 be established
That being the case it furnishes basis for Con
cress upon, in the various experiments 10 pe
made, in regard TO the regulation Of the hnances
| The Sub Treasury bad utterly failed IN the esilma
| ton OF the people, and of Congress. Before tht
Sub Treasury was established for years certain por
ton Of Congress and at length the whole, denouheee
a system which left at the control OF the ExecuuV'
the finances of the country They all came 70 ,h'
conclusion that additional legislation OF some kiht
was necessary He had no hesitation IN saying ina
the present condition of The Treasury OF the unet
States that which he for one, had disapprooate'
and denounced for a series of years; and he had no
changed his opinion on the subject DE was not VII
lima Thai even tho shartas. A-,Ai Ae- 'sesenoss
and control Of the President of the United States
it stood under the law of 1889 He did no, thinI
IT was proper for Congress- that they could consci
entiousy adjourn while the public Treasury il
the condition in which il was left by the repeal of tn
Sub Treasury, and of the Deposit act OF 1886
When he voted for the repeal OF that act, there wa
pending before the President of the United States,
bill PASSED by both Houses of Congress providing il
his (Mr. - judgment, sufficient guaranty foI III,
sate-keeping OF the Treasury. That condition hat
been altered and h. did not wish TO stand before the
country acquiescing in that state CT things which b,
beieyed highly Impolltlc and improper. He, there
fore, wished Congress, before they adjourned, TO en-
deavor to effect some thing. His opinion tina
they should arrange system of State banks BY pro
per and cautious use of which, the finances might be
conducted.
i Mr.. BUCHANAN was reioiced to hear the OPT.
MON of the gentleman from South Carolina, and il
one particular az eed with him he heartily reicicet
that all hope Of Bank with private stockholders
SET at nough, DUNG the present Administration He
believed some system of finance should be adopted
but considered II impossible at this late period of the
session TO devise any plan. He willing to give
the President, and members of Congress an opportu
nifty to devise the best ode of kec ping the public
money, separated from banks and the independent
treasury to which he earnestly devoted and
which he believed would return at last
| Mr.. WALhER was sorry TO hear the opinions OF
the Senator from South Carolina (Mr. Preston, } and
expressed his uncommomising hostility to the sys
! TEN of State banks.
! Mr.. BAYARD was in favor of adjournment y,
Monday, but thought the resolution, as there va.
now business pending between the two Houses which
must be accomplished before time for adjournmen
was fixed should not be adopted
He would therefore move to Law the resolution on
the table I'LL tomorrow, when he had no doubt il
might be taken up and adopted. This motion was
carried, hy vote.ot 20 TO l6
MI CLAY, from the joint committee of confer
ence on The Revenue BILL reported substitute agreed
! on by the committee for the amendments of both
Houses, which provides that if in virtue of this Qhe
2d) section any duty exceeding the rate of 20 per cen
| iun ad valorem, shall be levied prior to the 30,h
June, 1872, the same shall not, any cnse affect the
disposition OF the public lands provided for by the
act passed at this session of Congress; and further
that no duty higher than 20 per centum ad valorem
shall be levied and paid in virtue of said section on
any manufactured articles.
This, on motion Of Mr. CLAY was adopted and
me Senate proceeded 10 Executive business in which
they were engaged during the day.
HOUSE OF REPRESENTATIVES
Fanny SAINT IN 1871