Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-04-15

Correspondence OF the Baltimore PARROT
wAsuISGroS, April II, 1912.
UNITED STATES SENATE
A large number Of memorials were presen,e
this morning upoa n variety OF topics.
BILLS REPORTED.
Mr. PRESTON reported bill, in pursuance o
notice previously given, TO incorporate m the DIS
tric, of Columbia an institution TO promote science
and 10 ,fnss knowledge among men. The bil
also pre-, 's measures for the Investment nj thu
int 81, Smithsonian fund, and for tie
"a { tho Smithsonian Institution. Nj
Pro- occasion to explain the bill, and spoke
Of u.,.. lance in n few words. The bill va.
read to and took it, place upon the calendar.
LOAN BILL.
At o'clock and few moments, MIR EVANS.
as Chairman Of the Committee OF Finance, asked
for action upon the Loan biz. The amendment
pending was that OF Mr. Evans.
MIR BENTON this morning moved an amend
-ncnt for the purpose OF preventing the stock from
cling sold for less than par. He introduced an
nendmen, TO prevent this, and in defending his
lendmeni, which he did in a few words, he sub.
,;ed thatit better TO have a high rate OF in,e-
fsst than to sell the stock below par.
Mr. B. wen; on vary briefly TO come at the Loan
bI. with Sir Robert Wapole, but soon closed with
the remark that lie was willing to endorse what
was said by his friends, that he did no, intend TO
continue the debate He closed with asking the
yeas and nays upon the amendment introduced 5y
him, which were ordered.
Mr. EVANS Of Maine, said that il the amend
ment Of the Senator from Missouri prevailed, the
effect would be TO limit the nesoliatiou-io make
the Loan nugatory, and 10 place the Governm Mt
IN worse credit than it now is. He would no,
mu tply WORDS.
Mr. King Of Alabama, favored tie amendment
Of Mr. Benton, and expressed desire also that the
s;otk should not be sold under par.
Mr. EVANS replied in few words.
Mr. YOUNG OF Illinois followed, repeating what
Mr Benton and Mr. King had before said, and ex.
pressing other objections to the bill.
Mr. EVANS pronounced these objections IN
founded, snt pointed out wherein they were so
de l4d the Senator from Illinois that II he had made
himself better acquainted with the terms Of the biz
he would have found his objections removed IN the
restrictions Of the bill.
Mr. Evans example OF breviiy had the effect OF
bringing the Senate Al once to a vote upon the a.
msndmsn, Of the Senator from Missouri.
Tie yo,e vas as follows:
YEAS-Mes,rs Allen, sasby, Benton. Brehan-
en-, Calhoun, Fulton, King, Linn, MeRoberis,
Sewer, Smith, Of Con- Sturgeon, Tsppan, Walker
WeoI. Woodbury., Wright snd Youns-ls.
NAHS-Messrs Archer. Barrow, Bates, Bayard,
Beulsu, Choate, CLAYTON, Crtienden, Evars, Ora.
ham, Henderson, Huntington, Kerr, Mangum.
Merrick, Miller. Noreheaj. Ph ,ps. Porter, Prem
tiss Preston, Rives, Simmons, Smith, OF Indians
Southland, Sprasue, TaIlmadge, While, Williams,
ara WOOdUrdge-30.
And SC the amendment was rejected, and the /
Secretary Of the Treasury viii lie authorized TO 4
negotiate the loan upon The best terms for the Gov
eminent.
Mr. EVANS original amendment was then a.
dopt:d.
NJ. BENTON f.. owed with an amendment to /
s,r ss out the third NJ the bill which related
10 the transfer Of stock THIS section wac in these
words
That the certificates hereafter to be issued for I
such oan may, when required be in such form as
shs be prescribed Dy the Secretary Of the TreA- !
sury, so that the stock may be transferable by de
livery o. The certificate instead Of being sssignabe
tie books Of the Treasury"
This amendment was debated al length hy |
Mss's. BENTON, EVANS, WOODBURY. ond
WRIGHT. The yeas and nays were ordered,
an0 the fol owing was the result:
IEAS-Messrs. Allen, Bagby, Benton, BJc- |
hanan Calhoun, Clayton, Fulton, King, Linn, Mo !
Rooeu., Sewer, Smith, Of Connecticut, Sturgeon,
Tappan. Walker, Wilcox, Williams, Woodbury.
Wright and Young-2O.
NAYS-Nessrs. Archer, Bates Berrien, Choate
Cruenjsn, Evans, Gfohhm, Mangum, Merrlck
Muer Morehead, Preston, Isives, Simmons, Smith.
o. Indiana, soulhard, Sprague, Tallmadse, White
-l9.
Mr. SMITH, of Conn, continued the debate and
made party speech, after which the amendments
were ordered to be engtossed, and the bill read a
third time
euer was received from the Hon. Samuel
Prentss, Of Vermont. resignIng his seat IN tie Sc
nate Of the United States; after which the Ssnate
adjourned.