Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1842-02-05
Correspondence Of the Baltimore American.
WASHINGTON, Jan. II.
UNITED STATES Senate.

CNlEED oEhTES SENATE
The journal of Thursdays proceedings
having been read, the business of the morn
ing commenced with the reception of Re-
ports and Memorials.
The PRESIDENT of the Senate and Mr..
Talmadge presented memorials from cltl-
zens of Pennsylvania, in relation to slavery.
The question of reception was raised, and
laid upon the liable.
Bankrupt LaD.
Mr.. TALIMApGE presented the proceed
ings of the great New York meeting in op-
position to the repeal of the General Bank
rupt Law. Mr.. Talmadge said this was
one of the largest and most respectable
meetings ever held in New York upon any
subject, and was composed of gentlemen of
both political parties-the prominent men
taking part in it being those opposed to the
Administration in power. Mr.. Tamadge
asked for the reading Of the resolutions,
which was complied with.
Mr.. Tallmadge presented sixteen memo
rails from New York, six from the city and
ten from the country, demonstrating against
the repeal of the Bankrupt Law.
| Mr.. SoUTHARD presented like memo
|
brought in from the House, and referred to
the Committee on Finance)
Mr.. CALHOUN presented memorial ask
ing for amendments TO the Bankrupt Law.
Mr. EVANS. of Maine, presented memo
rial numerously signed, from the citizens of
Boston, demonstrating against the repeal,
amendment or postponement of the General
Bankrupt Bill.
Mr.. MILLER, of New Jersey, presented a
memorial from Elizabethtown, N. j., and
Newark, being like remonstrance.
Mr.. WILLIAMS, of Maine. presented me-
MORALS from Boston and Portsmouth,
Mr. Bates, of Massachusetts, presented one
from Massachusetts. Mr.. Bayard present
ed three from New York. Mr.. Buchanan
one from New York, and one from Penn
sylvania-all demonstrating against repeal.
: Mr.. Buchanan also presented two, asking
t for amendments. Mr.. Henderson present
I ed several from Boston, New York and n.
jersey, demonstrating against repeal.
Mr.RIvEs and IMPORTER also presented
a memorial to the same effect. Mr. Young
; presented like memorial. Mr.. Choate pre-
sented two of like character. Mr. Pierce
presented one from New Hampshire. Mr..
Berren three from Pennsylvania and New
, York, demonstrating against repeal. Mr..
Allen one in favor of the repeal Mr.. Stur-
geon one praying that the Bankrupt Law
may not be repealed.
Mr.. HUNTINGTON presented memorials
: from Hartford, New Haven and other pla-
} ces in Connecticut. Mr.. IL. said that the
y memorialists embraced all classes of persons
men of property, merchants, mechanics
laborers and others. Mr.. Clay presented
great variety of petitions demonstrating
against the repeal of the Bankrupt Law
: from New York, New Jersey, Boston and
) Pennsylvania. Also the proceedings of a
4 public meeting in Louisville attended by 40C
a persons, praying against any repeal or post
ponement Of, or interference with the Bank
rupt Law.
NJ. CLAY said he wished, before submit
ting his motion to present one or two obser-
, vations. He had heard it remarked that it
would be extremely injurious to throw into
l the market at this time one or two hundred
+ millions of property. This remark was
] calculated to be injurious. Whether it was
n this amount or not, it was proper subject
!, of inquiry as to what would become of thi:
property if the Bankrupt Bill was not en-
) forced. Would it not be thrown into the
J. market any way. If the property was lief
= undisturbed by the Bankrupt Law it would
C be forced into the market. If it was left t.
;, the operations of the law, creditors woulc
e attend all these sales and carry up the pro
10 perty to much higher amount than i
e would bring under the common sales ant
. executions.
- He thought too that the enforcement o
c this law was recommended to us by all tn,
T. feelings Of benevolence, Justice and human
e ty, which control our actions. 1t was no
t right to slam the door in the faces of thos
n unfortunate men who expected to be libe
Grated by the law, and no man could tel
70 the consequences which would be likely It
= ensue from repeal. He would, he said, ad
IL vert to fact interesting TO himself person
ally, though he reluctantly referred to him
Y self in the Sonata 1t had been charged
:, that he had exercised his influence agains
> the Bill.
! scorn to enter, said Mr.. C. upon
$ charge SO base, SO inconsistent with m,
s. character. AS well might it be said that
e was attempting to defeat the Land Bill, tn
c repeal of which is proposed by the Sena
e tor from Missouri (Mr. Linn.) But Will
C he treated this with scorn and contempt, h
e would say for the Kentucky delegation, tina
q with but one exception. the bill had BEEF
/ opposed by them at the Extra Session; and
: continued Mr.. G. il seems that am to b.
IS held responsible for this vote. Sir, said Mr.
! Clay, these men have yet TO learn that IN,