Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-09-07
1AurSdays Proccc'itngs.

The discussion or rather the dssension on the Bank
BILL was protracted late an hour, that we have
scarce a moment left to give an account OF 1t.
| Mr. Archer opened the day with hne-spun argu-
ment to prove-frst that National Bank, TO discount
pr0miSsory notes, the most dangerous iata despo
'lsm, that reared its crest among tree people
But he argued that National Bank TO discount pro-
mss0ry bs Of crchaHgr, was The most oenelcent, use
tul institution that could be devised The one he pro-
nounced ablorrent the Constitution, rs 10 every
principle of beriy-the other, the very thing TO save
the Constitution, last gasp, from contend'ng par
The first, i'll dscountng promssory notes 10 Tue
amount of seventy millions, issuing paper currency,
had all the property of the nation subject to It's sway
had every mischlefin its power the latter IN discount
ing promssory bulls Of exchange to the amount OF Sc
veny millions and issuing currency Tor the nation
had no power 10 do HARM but vast deal OF good ms
was the whole drift OF Mr.. AS argument.
| lie was answered by MIR Buchanan in an argument
of great ability in which the Banks were compared
and the kite flying facilities and powers OF the banK
discountng bills of exchange, instead OF the ordinary
bills were show by the we'll established history oil TINS
oil dealing to he III every shape, worse IL Wouiu
be usurous, specializing, political contrvance nav
/ ing the very worst features OF the banking system
/ On the close Of Mr. Buchanans speech, MIR. Clay oil
Kentucky took the floor, and made dead set at the
President of the United States. 10 make ms a'tacK'
he laid hold Of suggestions first thrown out by MI Ar
cher that the Preslden. would probably veto the ne
bill, and Of disclaimer on the part OF MT Bucnahan'
that lie had not access at present TO The fresaeht
opinions, adding in ocose VEN, That he iighl mere
alter THIS Mr.. Clay chose to construe into an Inli-
nation that the President meant TO desert his party
and on this shallow pretext (Which Mr. Clay TO cover
his arrogance supposed impossble) he visited on MI
Tyler the unsparng philippe ever delivered N the
Senate. This called out vlndcation III behai OF Inc
Chief Magistrate from all sides the Senate, and pro-
tracled the debate until night. The state oil par
ties, and party feeling III Congress, was iuiiy ueVe-
oped IN il and for that reason, and It's great ability II
will be interesting and important to be reported 10 me
country. Mr. Calhoun, MIR. Walker, MI HriSht, mr..
Rves, Mr. Preston, Mr. King and Mr. Linn, took part
IN IL.
The design of Mr.. Clay, in giving this new dlrec.
ton In the debate, made manifest al The close Of
it, The argument of the measure was closed IN the
two morning speeches Throughout the rest oil the DAY
it was not touched on and in FACT no one proposed 70
discuss question again which was fully discussed IN
the first bill Mr. Pierce, in behalf of the Democrat
c party declined further debate, and waived the righi
OF opposition, get the lie said lie had the floor
sometime like an hour ago. but yielded 1t to his friend
from n. York. mir. Wrghtl lie chose 10 consult the
disposition of his friends both sides OF the chaiinef
and if they this late hour of the day. and period OF
the session. would have heard HIM with patience, ne
would have made reply 10 the very extraordinary
remarks of the Senator from Va, mir Rives lie had
heard in that Chamber the course and conduct vi Tue
two preceding Presidents, past and present, animau-
verted upon measured terms and The iutnre ac's
of anticPated in language the most caustc ana Sc
verr But IN the estimation OF the Senator from W.
uinia the hour had arrived when approximation 10
tins was Wild shooting from our sphere, and an inva-
sion Of Executive Independence. lie had no doubt that
Erccntiec Independence would appreciate now, as Tor
una;ey 1t had former OCCASIONS what belonged 10
/ H. The Senator from South Carolina had boosted oil
the free and uncontrolled action OF that side OF the cham
| ber Now he had too much regard 10 the feelings o
impotence both sides, TO reply to either OF the gen
teuen, whatever he might have done an hour ago
Whether they were free and uncontrolled was question
which il did not become him to pretend TO settle The
people of the country would pass upon IL and their Jud9
mcnt rcoud be irrerersibe But when the Senate was
exhausted every way, and ready TO take the vote vi
Bcrrlen who made yesterday the longest most prone
and resome speech the subject ever delivered dur
ing the session. rose and mored that Me Senate adlorH
that he miyat make another The Democratic SeHd
t0rs sad eY ccre iLiag to SIT and hear HIM out; Du
the Federasts still play the game OF making one ihe'
pass another; aud doubt not that they commune
the new Bank suspended over the head "f the ffesi
dent with all the hunders and mprecations OF the
dcral Senators to enforce him 10 compliance with
their will on the Distribution bill If he returns lha
bill with his signature, probably they may spare hln
the pain of acting the new Bank, eafning the eA
ecratons already threatened, II he dares 10 put upon
second veto.
The Senate, after session oil seven hours, ADJOURNED
a little before shutdown.
THE HOUSE.
After adopting several resolutions, the committee
Ways and Means reported bill to prohibit the invest
ment of interest of trust funds in State stocks The bi
was read three times and passed.
| Mr.. Irwin of Pennsy lvania asked Mr. Fillmore wha
he going to do with The bill referred TO the Com
mitee of Ways and Means in relation TO the purchase
of rites for marine hospitals
| Mr.. Fillmore said he not going to do any thing
with it during the present session
Committees called upon for reports.
| MIR. Kennedy of Maryland, from the Committee or
Cornmerce, reported resolution authorizing commit
of eleven git during the of Congress with
permission to employ clerk for the purpose of pro
ht.f Hons IN "a
guate the tariff understandngly.
Mr. Bovine of New York objected to the resolution
He said similar resolution had been laid upon the table
!! at the present session.
/ Mr.. Kennedy said it was not similar resolution
the first committee for nine members and this wa
| for eie1en
Mr. Bovine thought that distinction without
difference.
/ Mr. Ingersoll moved TO strike GU. the clause author
izng the committee 10 sit during the recess and also
employ a clerk. He asked the yeas and nays upon In
| question.
Mr.. Dawson moved to lay the resolution and til
amendment upon the table, and demand led the yeas an
mays.