Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1841-07-21
limited STATEs SENATE

Mr. CALHOUN presented the proceedings Of a
meeting u Virginia expressive of the sense OF the
meeting concerning the Extra SessiO7, accompanied
by resolutions denOurcng the pol cy OF the sessIUn,
denying that the Bank question made issue
40 the rUsdcniil election insisting that Bank of
the United States is unconstitutional and dangerous,
ami 1ocarttCry ui The right OF repeating the char
ter If ed and also against the distribution Of the
proceeds Of the Public Lands. He rrjoiced 70 see
this Just movement OF the ancient dominion, and de
cnred that he should 60 for the repeal of he bill. Il
it should pass Although some Of those u no had
originally insisted the unconsllturIonllitY OF the
Bank surrendered those opinions under the pressure
ofcrcumsian-es, they haJ for the most part return
Ell 10 their first opinions.
The proceedings were read and laid on the table.
LOAN BILL.
The Senate resumed the consideration Of the Bill
10 authorize a Loan Of twelve millions.
Mr. ALLEN moved to amend the bill in the first
section by providing that the loan may he applied
10 debts incurred, and objects Of defence.
MIR CLAY repeated the items to which the loan
was to be applied, showing that there could lie no
nisapp'icat on Of the loan.
Mr. ALLEN said It was not pretended this could
be all required before the next session.
Mr. CLAY repeated Ga at dsducilug the q mil
lions asked ty ue War DEPARTMENT, and the ? mil
ijns with we're usually held as a reserved fund in
the Treasury 70 meet eNRGncies, there would be
stl required loan 10 the foil amount named IN the
bill.
MIR CALHOUN would vote fer the amendment
m N
disposed TO sanction nuy expenditure mr. pgrmtueut
defence because the whole system requires revision
As to deicncg8 Boz tie prOsD,C. uf war. he wou.d
gous far MS any one Is the Executive would take the
responsibility. lie believed there would be no war,
snd he was glad 10 that there wa good under.
standing between the Secretary Of State aud tie BI.
tish Minister
Mr. WALKER said rfthe umendmen, were adop
ted, he would regard l as p edge that any surp-s
would be applied 70 defence, and so important did
he deem thot object, that he would n that clse vOl,
for ihe bill.
The question was then taken on the amendment
which wds ncg1'ved, ayes &C., noes a.
Mr. WOODBURY. moved TO nd by s,rkint
out the word "lwcvop and inserting the word "s
lie woIId be The last 10 resist the appropriation f.
supplies, but he took view Of the Cxisonccs OF th
Treasury somewhat different from that taken bl
the Senator from Kentucky. lie deemed six mil
lions to be sufficient for the present year, as thsr
would be an entire revolution in our revenue sys
TEN before next year. and he wished the supple
% be under the control q Congress.
Mr. EVANS made some remarks cxcu'patory q
the Secretary Of The Treasury tom tho charge q
mystery. There was less than million in the Trca
sIry, scattered among the different branches. and
would leave only m ions above what would 10
Necessary n cover the deficit.
Mr. WOODBURY. made some observations q
reply. lie stated that Congress had in one ysar az
pfapul'oJ Sc millions moro than hid been osscd l0
and this accounted tor the large amount OF ou's.an,
ins appropriations. lie repeated his calculations
the means rlqufcu ny lhe treasury lU pIuSi TO gu
tain bis vcs Of tho preprlety Of reducing the 10.
fiy millions, and stated that there had been mo
than two " three advertisements Tor sales e the pu
Doc lands since this Administration came into pow,
Whether from oveJish, OF design, he could not 81
bot the natual sources Of the pubic revenue hi
been thus neglected.
Mr. EVANS asked II the extraordinary appu
prations granted we're not for tho Florida war Of
II this was DOT asked for, II was necss airy. /
would like 10 know when the Sc millions We
rrtnfAi without asking.
Nc WOODBURY. said there VISA m lion OIL
hail on account Of Cherokee lands, which even q
Secretary Of War had not asked.