New-York tribune., 1841-07-26
By this Mornings Southern Hail.
Washington Correspondents of tie New.YOrk Tribune


idins Ter the appointment, of Committee of nine member.
TO sit during the Congress ts collect information
he principal ports OF entry OF ,he United States relative 10
proper be adopted and 10 report thereon
al the next session of Congress The resolution then
| laid the table.
The resolution reported some days since the Com
Naval Affairs. calling the Secretary OF the Navy
information with regard the practicabiy Of establish
lines vessels from various ports of this Country
10 Foreign ports, taken up.
Mr.. IRWIN of Pa. offered amendment inquire also
into the expciiency of the purchase for the cree
Naval Depot and Yard tho Ohio Mississippi
Divers. Mr.. Irwin advocated the amendment scrns
length urging the necessity suitable provision for the de-
fence of the Country asans, the of any Foreign
power Without concluding his remarks he OF BY
the expiration of the morning hour
The REvxSrE BILL providing for the levy OF duty
twenty per cent ad vaorem limited time, On article,
exported duty free taken Up in Committee OF The
Whole Mr. CusHtSd in the chair.
Mr. FILLMORE in brief and comprehensive speech laid
before the Committee by statistical the condition
OF the Treasury and the imperative need OF the passage OF
the bill to supply its wants
After short session the Committee reported pro
gess and the House al hafpast twelve o'clock, adjourned
In the SENATE, Mr.. TALtAADoE presented petitions OF
citizens New-York City and other places Ncw-York
and also Of Reading Pa, for Bankrupt Law.
The resolutions of Mr. PHsLPS suswitte Yesterday were
adopted calling the President for Information concerning
our commercial relations with Sardinia
The Bankrupt Bill then taken up the question being
on its passage.
Mr. TALLMApGE, with his accustomed ability and power
length advocated the passage Of the bill rs loudly
demanded by the five hundred thousand bankrups through
the country whom induccmen is now held out to
industry and effort from their pecuniary mi'cr
tunes and place themselves and their families only
above but in situation discharge their debts
their full and entire earnings were now grasPed by the mer
CHESS hand of the creditor and thus the country depyedo
their productive industry.
Mr. BUCHANAN some length opposed the BILL declaring
it most pnnfa duty, and avowng himself favorable
Bankrupt bill of the right kind which would avoid the OBJ
lecons to this He would go for Bankrupt Act which
should depend the agreement OF majority of the credit
ors number and amount free the debtor delivering
up all his property of which dividend should be made and
the claims all the creditors receiving their equal pro-
portion, be annulled This would require but judicial
recognition and could be carried with much
than the bill before them would avoid all the lengthy
forms of law contingent the execution of this.
Nessr.. WALKER and BERRIEN strongly advocated the
bill aud Mr. BucHASAs farther opposed it.
The question then taken final passage and
red by the following vote:
YEAs-Nessrs. Barrow Bates, Borrien Choate, Clay OF
Ky. Clayton Dixon Evans Henderson, Huntington, Kerr
Merrick Miller, Moreheud, Mouon Phelps Porter, Sim
mons. Smith Of Ia Southland, Tnllmadgo, Walker, White
Williams, Woodbridge and loung-26
NAYs-Alessrs. Allen, Archer Bayard Benton, Buchanan
Calhoun Clay of Ala. Cuthbert, Fulton Graham, King,
Linn Mcoberts Nicholson Pierce Prenttss Rpes Sewer
Smith OF Conn. Sturgeon Tappan, Woodbury. nHd Wright
-23.
Thus the bill was passed.
On Of Mr. CLAY, tho Bank Bill then taken up,
and the question being agreeing the amendments
adopted Committee they severaly read the 18th
section of the b and agreed without division excep
the following:
Mr. CLAY of KY opposed the amendment, providing tina,
transfer OF stock the Bank shall be made
than citizens of the United States the corpora
tons Of the United States Of the States ind Territories
and transfer is otherwise made, shall be void He
tended that the against foreigners other parts OF
the bill sufficient and that the right should remain
citizens of dposng of their stock in whatever th
pleased. After few remarks by Mr. HuSrNoros in favor
Of and b. Mr.. WALKER adverse the amendment,
adopted Yeas 90 Nays "a
Mr.. CLAYTON opposed the amendment which provides
that the whoS of the Bank shall be abe any
time the inspection of number of stockholders not less
than He for the inspection of the of the
Bank By suitable number of stockholders TO proper
amount; bur thought this too small an amount
owning but share each could trouble the Bank with
investigation any time.
Mr. CLAY of by opposed the amendment on the
grounds, and moved to strike and provision
which he had taken from the bank bill reported House
that the accounts OF the bank shall be liable to the inspec
ton OF ten stockholders who shall hold their right f7e
hundred shares of the stock and shall have held three
months previous.
Mr. WALKER opposed this fayoriag the rich sppo,
the poor BY this necessary that the ten OWE
stock to the Of Eve thousand dollars each
To this Mr. Clay and Mr. SIMMONS replied showing tbs
BY tn, provision only necessary hn the aggregate
be Eve hundred shares might be owned b.
FIVE hundred ubscrib ers TO small arnont "a The nurnb,