The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-07-22
Extra session-a1,h Congress.
IN SENATE.
Thursday, july L,

cuSsion OF the bill 10 incorporate the sub
scribers TO the FiscaP'Bank of the United
States.
Mr.. Rives moved to strike out the 10th
fundamental rule of the bill, and insert 4
new one providing that offices of discount
aud deposite may be established in the
several states, with the assent OF the Logis.
laiures, or, IN default of such assent, that
the Bank may employ such agent or Bank
as may be sanctioned BY the Secretary Of
the Treasury.
Mr.. Riyes addressed the Senate at great
length IN support OF his amendment.
Mr.. Clay also replied in full to the aleu.
nlents of Mr.. Rives.
Mr.. Preston supported the amendment.
Mr.. Merrick then obtained the floor, and
on his motion the Senate adjourned.
Friday, July ?.
The Senate took up the resolutions call.
ing for the names Of persons removed since
the 4th March last when
/ Mr.. Pierce rose and occupied the morn
ing hour, in support of the resolution.
The Senate resumed the consideration
oil the bill TO incorporate the subsc ribers 10
the Fiscal Bank of the United S,ates-the
question being Oh the amendment Of Mr..
Rlyes.
Mr.. Choate referred 70 the changes of
opinion that had taken place, in the Senate,
during the discussion of this bill, and he
acknowledged that such change had Ia.
ken place in his mind. He should vote
for the amendment of the Senator from
! Virginia, (Mr. Riyes.) He would occu-
Ply but few minutes IN giving his reasons
for this. Having been one Of the CON.
mlttee BY which this bill was reported, be
felt natural anxiety to explain to all, TO
that respected committee, aud chiefly to
die honorable and patriotic Chairman, why
II was that he felt it his duty TO vote now
Inconsistency with the act in which he had
concurred, IN reporting The bill.
He should vote for this amendment, first.
not because he entertained shadow of
shade Of constitutional doubts about the
power Of Congress to set up branches any
where. He had no more doub, Of this pow
er, than 10 make post-olfce, or establish
a custom house on the wharyes If Boston.
He had the honor, in this opinion, 10 con.
cur with the distinguished names Of Wash.
ington, Madison, Gallatin, Crawford, aud
the whole republican organization Of for
mer days. But the difficulty was this il
might DO that he was so cIroumstanced that
ne could rot do this, if he would, from the
want Of the concurrence Of others, whose
aid was Indispensable.
/ He should vote for the amendment, ;aen,
and earnestly entreat the attention Of his
respected friends to his reasons for so do
ing. And first, he should vote for it. be-
cause he thought he was sent here to give
the people Of this country a Bank Of the
UGIted States, a soon as he could do It,
and because he believed by adopting this
/ amendment, they would send this bill out
of Congress soon.
/ Mr. Merrick took the floor, and the Sen
ate adjourned at 8 o'clock.
Saturday, July 3.
The Senate resumed the consideration
Of the bill TO incorporate the subscribers to
the Fiscal Bank Of the United States
The question beng on the amendments Of
Mr.. Rlyes,
Mr.. Bayard went into an argument to
show that the only real difference between
the bill before the Senate and the plan Of
the Secretary Of the Treasury was as to
whether the branches should have the pow
er to discount promissory notes lie nov
ed 10 amend the amendment by changing
the proposition, so as to empower the
Bank TO establish Agencies n the states.
10 consist Of three or four persons, which
/ may be converted into Offices of discount
and deposite, unless the Legislature Of ans
state shall at its next session express IL
dissent.
Mr.. Phelps rose and explained the
course which he felt himself called on to
pursue. He had no doubt Of the power
OF Congress to establish branches IN the
states without the assent Of tie states.
The question was between sub. Urea
sury and Bank Of the United States. and
there was no middle course. The amend.
mcnt OF the gentleman from Virginia ad-
mltied the constitutional power as fully as
he Mr.. p claimed it. fIe had no con.
stliullonal difficulties, and he was not vii.
ling to load the measure with any, bat was
DESTROYS TO unite all the friends Of the adj
minstratlon.
Mr.. Huntington then rose and designated
the amendment Of the gentleman from Nir.
glaia as one exciting great interest, and as
laying the axe to the root Of ore Of the
man features Of the bill The design OF
the clause 10 the original charter was 10
give the Bank powers co.exlensiyc with
the duties required Of it. Ths amend
ment Of the Senator lays the powers Of the
general government at the feet Of the
states. lie would vote against the amend.
ment.
On motion Of Mr. Smith, Of Indiana. the
Senate proceeded to the consideration Of
Executive business, and then adjourned to
Tuesday.
Monday, July 5.
The Senate did not sit to-day.
Iuesddy, JUN 6.