The Camden journal. [volume] (Camden, S.C.) 1836-1851, 1842-01-05
had informed the members that the Treasury

had informed the members that the Treasury
must remain, literally, not comparatively, EMP,
rY,- until they passed his loan bill. The object o.
that bill is to extend the loan heretofore author.
lied, to eight years, SO as to induce capitalists
to take 1T, and to increase the sum from twelve
to seventeen millions. Meanwhile, the MEM
bers sfemain'u The House requisition for
$4,000, sent yesterday morning, in order to
obtaiirl money for the pay of members, &c, was
not met. There is notone halfo a centin the
Treasury. 1t is cleaned out, and there is moth
ing coming in. The new revenue acr of last
session; will add nothing olthe revenue at pre-
sent, becausethe country is stocked With the
dutiable goods; : =. - =. zSsse.5;s
Twas expected that, Mr.: Preston would, this
day, bring forward his motion to refer the Presi-
dem, Pldn Of finance to Select Committee, and
very brilliant debate was looked for. 1t was
arranged that Mr.. Buchanan should lead offthe
attack upon the plan, on the part of the demo-
cratic party, and he followed by some ofthe prin-
cipal wings. Strange as it may seem, tits new
ertheless true-ds 1 have ascertained- that there
is but one Senator who will support Mr.. Fyler's
plan in its present form, and that Senator is Mr..
Tallmadge!5 So, the administration is in a
minority Of one in the Senate.-afa fact unparallel-
ed before in our history. -. s.s.s' - X
Under these circumstances how can itbe ex-
pected thatthe Select Committee in the House
will venture toreport the plan at alE Il hardly
think they will make any report at all-but if
theymak any, they will offer plan stripped OF
exchanges,and of the. certificates of deposite;
and reduced as near as possible to the con-
demned sub:treasury-in the vain: hope OF; OBJ
tanning the support of the democratic party
The subject did not come up to-day, however,
as another debate occupied the day. - &.
: may heas mention that MI. Clay .whois IN the
Senate to-day, has recovered from his recent in
disposition, and ndintends, after few days, or at
least as early as convenient too offer resolutions
to carry out the principles Of the whig caucus
manife:tor in respect the abolition of the peto
power. / =. . :e, ~ y
A motion was made, to-day to refer to the
Committee on the Judiciary, the bill -'Mr.
Benton to postpone the operation of the Bank
rupt Billtill July next, for .theSS purpose Of
amending it 1t was. contehded by. Mr. Mangum1
and Mr.. Buchanan that the law, in its present
form, was impracticable and could never be ex-
ecuted. The District Courts of the y: s. could
not, in twenty years, dispose aof the cases that
would arise, under the act, the first week of its
operation. -n1OleOFSI, lI,SdSCoutcuuCul lnuL ttic
law was passed in a hurry--was defective in its
details in, many respects-and must be essen.
tally modified, if not repealed Public opinion,
it was said, would justify its repeal =. II
Mr.. Clay, Mr.. Tallmadge, and Mr. .Hender.l
son. took very different views. They regarded
the law as popular; as necessary, and called ior
by the public voice That the force Of 8 the
Courts was inadequate to execute it was no OBJ
lection to it-itw the duty of the government
torender it it practicable. Let the law, they
saidigo into operation, and the judicial authors
ties will soon let us know where it may be i'm
perfect and need ;amendment- Tho Senate re-
fused to refer the bill. =, 49,. 80.
The House did nothing; but to- oSsdebate the
Tariff reference question. Mr.. Hudson speak
ing infavoro Of the protective AAAa.I q
Alabama, against 3
sit is sramored here. that sGGen yaddy Thora-I
son of viii cersainly be nominated as;|
Minister to Mexico ii :; -: .ssls4