Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1842-01-13

II People : II could not change us useIul
ness. Some have insisted that its power
are too extensive IL so, restrain them.
\ had intended, Mr.. President, to have
made some references TO the report ant
me- ssage, to show that alterations IN tn
plan were contemplated, as clearly indl
Gated in them, but shall not do SO. MI
purpose will have been answered If th'
suggestions l have made shall induce
honorable Senators TO turn their attention
TO il with view Of seeing what can sale
| ly be made of il for the relief the cOun
try.
/ Mr.. Woodbury. (Mr. Simmons having
concluded) rose and expressed a desire
to say something upon the subject; but a
the hour was late, an adjournment wa
moved and carried.
/ And the Senate adjourned.
In the House, Mr.. Fillmore reported
bill from the committee Of Ways ant
Means, authorizing the issue of fue mil
lions of Treasury notes, The authority Il
issue as soon as tire loan Of eleren mil.
lions, for which bill is pending should
be neg gotiaied and avaiiable.' The
bill was referred 10 the House in Com.
mittee.
THE BANKRUPT ACT-THE OTHER SIDE.
In SENATE, Thursday, Jan. g.
Messrs. Henderson, Potter, Clay and
Berrien, presented petitions from the city
Of New York, respectfully and numer-
ously signed, and all OF one TENOR
against the postponement or repeal Of the
bankrupt act.
The Exchequer Plan was discussed
by MIR. Woodbury., who deliberately ex-
amined its details, opposing it, except
the provision relating TO the collection OF
moneys, which savored Of tho Sub-Trea-
sury sy stem, and to that extent met his
appreciation.
The Senate adjourned over to Mon
day.
In the House, refusal having been
made TO suspend the rules for the recep-
ton Of petitions, reports being in order,
were called from the committee, and
many Of a private character made.
MIR. Saltonstall, from the Committee
on Manufactures, reported a resolution
authorizing that Committee to send for
Witnesses, and testimony on the subject
Of the present Tariff laws, Of their ope-
ration on the interests Of the country,
and the alteration those interests may
require.
Mr.. VIM. Cost Johnson said If :he
resolution was 50 modified as TO appoint
Select Committee for this purpose, he
would vote for it.
Some debate ensued, which was not
conc luded, when
Mr.. Fillmore, chairman of the Com
mittee Of Ways aud Means, demanded
the orders Of the day.
Several Senate bills Of private matt ure
were twice read aud referred.
On motion of MIR. Fillmore, the Trea-
sury Note Bill was taken up in Commit
tee of the Whole OH the state Of the
Union, MIR. Hopkins Of Virginia, in the
chair)
Mr.. Fillmore as chairman Of the Com
nittcc who reported the bill, made briel
and pertinent exposition Of the circum-
stances connected with the reporting Of
he bill.
MIR. Davis Of Kentucky, opposed the
,ill.
Mr.. Wise replied to MIR. d., advoca-
ed the bill, and offered an amendme nj
that the proceeds Of the sales
IF the public lands should be applied to
he payment of the National Debt, both
,ow and hereafter, that no issue of Tlea-
'ury Notes should be made until this
'evenue was first thus applied, aud then
Treasury notes to be issued.
Nlessrs. Fillmore and Arnold raised
he point of order against this amend
nent as irrelevant, before which was de.
,ided,
The Committee rose and the House
adjourned.
In the House, on Friday and Satur-
Jay, most Of the time was occupied with
abolition petitions and in the discussion
If petition praying for the repeal Of the
Bankrupt Act. The main question, on
he reference Of the petition with instruc-
ions to repeal, was decided as follows,
'eas ll2, nays SO.