, 1841-08-07

- sNS sSSS1 S""A eHHy
money Of the Government in the Bank.
Lost.-yeas 81, nays 81.
MIR. Smith proposed to prohibit loans owe
$40 900 to individuals or corporations, whil'
loans for smaller amounts well secured, ar,
tendered--ayes p, nays %.
MIR. Benton proposed an amendment t.
exclude members of Congress from bein.
Bank directors during their term or for two
years thereafter, or from being the agents OF
attorneys thereof or receiving gratuitie.
therefrom.
Voted down-ayes %, nays %.
Mr.. Tappan submitted a provision assert
ing the right of Congress to repeal the law
establishing the fiscal agency for the govern
ment in the Bank.
Lost-ayes 81, noes %.
Mr.. Walker offered the following as an
amend to Mr.. .Tappan's repeating amend
Ana proyiasd: Tia, no person shall be
deprived Of uny property held under said
act by such alteration or repeal, in any man.
ner r~epugnant to the fifth article OF The a.
mendmen,s to the Constitution Of the Uni-
ted States"
Mr.. Walker offered the above as an a.
mendment to the amendment proposed by
MIR. Tappan. He then stepped INTO the
Llbrary-room for an authority to read in ia.
vor Of his amend. Although he was absent
less than five minutes, the vote, on the con.
%clusion Of some remarks Of Mr.. Benton, was
unexpect, IDLY taken on Mr.. Walkers amend
nlent. and it was rejected, and then immedi-
ately MIR. Tappan's amedment was rejected
Immediately after the vote was taken, Mr..
Walker returned 10 the Senate with his au-
thority, and il being too late TO record his
vote, stated. by the indulgence Of the Senate
the facts, and declared that il his amendment
10 Mr.. Tappan's amendment had been adopt,
ed, he should then have voted for II.
Mr.. kiag moved an amendment exclud-
ing the PtEsrDENr, Heads Of the Depart
menis. anc the Judges of the Courts OF the
United States from loans. Rejected. Ayes
%, nays 81.
Mr.. Kng's proposition was predicated
upon the fact tina, the officers in question
would he called 10 act upon and decide vari.
Gus matters affecting the interests of the in
>tIiulion. The proceeding BY scire fdciaS 10
forfeit the charter world be deIlberated up
on bv the President and his Cabinet, before
II could ir instituted. and, II instituted, the
Judges Of the United States would try the
cause. Judge Marshall had felt the inpro-
prIety oI deciding on questions affecting the
Bank while holding stock in il, and dispns-
ed Of what he held before trying its cause.
The relation Of > debtor 10 the Bank, is one
Of much greater dependence on it than that
of stakeholder.
After the amendments. were disposed OF,
Mr.. Morehead of Kentucky moved an ad.
tournament. saving that nc wished 10 deliver
his views on the merits OF the bill.
Mr.. King OF Alabama suggested that now,
as the amendments on both sides had been
disposed OF, II would ne well, before adjnur-
nIng. Ia pass the till Ia lis third reading. the
sta c at which ii would be fully open Tor de-
bate. but no longer exposed to an endments.
Almost all. the public will perceive, have
been voted down hv the friends of the bill as
captIous, and Mr.. Clay again ana again threa-
tened the gag. To put an end 10 the obstruc-
ton which they had occasioned.
Mr.. Morehead declined awaiting himself
Of the proposition TO put the bill on its pas
sage. by carrying II nj once IL the stage
where il would be inaccessible TO new pro-
10 amend.
Mr.. Clay then came forward, and said he
would agree on Tomorrow, at twelve o'clock.
10 vote the bill 10 its third reading. but would
put l. Out Of the reach of amendment to-
night. He was then reminded bv Mr.. King
and Mr.. C.lhoun. that when he forced the
loan bill before the Senlte. in the place of
the Bank bill. they expressed their wiling
ness 10 put the latter TO The stage, where
Mr.. Clay proposed to put it tomorrow at
twelve. This was more than Il week ago;
and vet the Democratic side of the chamber
were charged with pr"craslin",ing the pro-
gresS of the measure, nv winton and unne.
cessary delays! Mr.. Brrrien renewed Mr..
Morehead's motion I" adjourn, and The yeas
and nays being called. i, was carried by the
Of the Bank by a sheer party vote!
The circumstances show tina, the Bank
party who have attempted to s,ifle debate
and stiile amendments, and who interposed
first the Loan bill and then the Bankrupt bill.
to intercept the progress of the Bank bill,
are not up to this hour prepared TO vote on
their own MEASURE, which Mr.. Clay has said
Congress was specially called TO pass upon.
Why, then, the threat Of gag laws to those
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