Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-01-13

no, desire Ia stand stationary. Something was 10 DC
done aud they had tic project oil tie secretary
lhem lfany gentleman had any Diner pan 10
he would examine 1t with the sriciest scrutiny 10 Us
o,,,;, whether II was calcuateG 10 have bench
cial effect and so they ough, 10 examine mat winch
wus now presented. Every one knew that lie "as'
and had been IN favor OF a Bank oil The y D. anu III
THOUGH il had been supposed IL he cipapie .. ese'S
kind Of mischief still he hclievcd lha' II WIS '"a
means Of furnishing and comforting UNIFORM cutieh
~ and facilitating internal commerce tirou9h the
medium of exchanges lie believed tins 10 pe Tue pes'
plan but in the present state oil things, II was uii
attainable. That being the case, the next question
was what was TO be done; Should they ABANDON
everv thnr. because they could not get that which
they most desired aud suffer the country TO GO 10 ue
srncton But the objections TO this PROJECT were lwo-
fod-frst as to politics, and secondly as 10 hiahce'
They were told that il was great Government bahN,
and great instrument capable OF oe'hs wie'ueu y
those who NAV hereafter administer the Government,
and build up in strength those in power, that 1t was
dangerous the people and the perpetny OF their ns
tutions and oil the arguments winch had been brought
10 hear AGAINST Bank Of the u b had been brought 10
baor ,ranst the project of the Secretary Now, II vas
nonbedy desirable as far possible, TO restrain and
limit Executive power, especially over the finances OF
the country: but the selisame objections would apply
10 apy other institution created by the government
having similar object in view; ana, II they $1,000 mere
until they procured some institution 81
tbev would remain in Washington as long as the Capi-
to should endure because perfect system OF finance
could be devised while himself was an imperfect
beinu II inatercd not TO HIM whether this scheme
came from an Administration, which he confessed he
had little reason favor, not; made no difference
with him He would receive The suggestions present.
ed and act upon lhem not because il would strength
en- those in power; Tar from II; but because u mshl
draw out something good Tor the rei'ei OF Tue
people and rid them OF the intolerab!e ou'ueh OF
deprecia,ed and deranged currency, and remove
The barriers 10 successful prosecution of commerce
lie did not support or oppose this measure because OF
lie origin hut he was disposed TO look at 1t with candor
and lie thought that it belonged 10 them, influenced oy
strong desire Of Cancellation, to make an effort iof
some institution which had the same OBJECT III view as
The plau which had been presented for their dclihera
ton Let therefore, each surrender little, IN favor
of some particular scheme and settle down upon some
mode Of financial relief but every man should STICK
TO his own particular method, they would be IN danger
of leaving things precisely they now were and thus
was to be- the merely because they were unwilling
10 adopt system which had not hitherto had their con-
currence or from apprehension that II was mpos-
sibe TO carry into effect any scheme but one oil those
which had heretofore been proposed But The sub
Treasury, the deposite Banks, and National Bank,
were on, Of the question, and neither OF them could
be adopted. And they, in consequence, to per-
init the present state Of things TO continue: lie was
not willing to do that; and he would not denouncc the
scheme asking 1t did, good object, but lie would
examine it, TO whether there was any good IN III !!
not, there might be foundation for something good
| Whatever scheme OF finance might be presented TO
regulate the currency, there would be objections to IT.
and no scheme could be devised which was not liable
TO objections. But he would take the best which could
be obtained, and which conferred the most good and
the least evil. If this was not attalnablc, he would
take the next best that thereby the condition Of the
country could be improved. Ii they disregarded men
and looked TO the country he thought that there was
rood sense enough in Congress TO devise some scheme
Of finance. If there not sagacity md experience
to do this he would think that this Government, whose
ioll kaap l,pIf- tharr
tons furnished far less security 10 its citizens TINA he
had hitherto supposed and he did not wish 10 see this
Republic reproached being constituted and ar
ranged for great national public evils, destroyed cur
renew an empty Treasury and beggared people, that
there was no power in the Government 10 furnish re
lief.
Mr.. WALKER then obtained The floor, but gave
way to
Mr.. MERRlCK, on whose motion the Senate ad
joLrned
HOUSE OF REPRESENTATIVES.
.nonday, jan ~, lei2
Prayer b. the Rev. John Newland Maift, Chaplain
Of The lo,se-Leng his FIRST appearance IN that charac
Ter.
1 After the reading Of the Journal
MIR. FILLMORE said that, under the present EN-
barrassed state q tie Treasury, he felt It hls duty t.
move suspension Of the rules by which the House
were proceed in the call Of petitions in regula
order that the House might resolve itself int
/ with a view to take UP The bill 10 authorize the
Treasury notes. lie stated that the Secretary of ib
Treasury had this morning informed him that The pow
S er hitherto existing TO issue Treasury notes was nov
3 exhausted, and warrants cond bc 'SSacd. LII
hoped he aht have the unanimous consent OF TIT
0 House to go INTO Committee 81 The Whole, IN view
d this great and novel emergency.
i Mr. ATnERTON asked what would be the cfec
Of the unanimous consent Of the House 10 this motion
: Would it extend to morrow 1t would be recol
il lecied that The Committee the Judiciary were un
J, der instructions 10 report tomorrow bill repeating tin
i General Bankrupt Law. flls suspension the rule
= were TO continue tomorrow 10 the exclusion Of ever
IL thing else lie should feel bound 10 object.
s. Nj FILLMORE expressed ms opinion that the sus
pension would have no effect beyond tins day.
The SPEAKER also decided that, as the motor
was 10 suspend the rules TO 90 into Committee when
ever the committee should rise, The operation of thi
order would cease, and that new motion would b
necessary tomorrow TO 20 into committee again.
r Mr.. AlERIWETHER Objected.
!, MIR. BRIGGS suggested that motion for the sus
pension of the rules not necessary. The oblec
was merely 10 postpone the special order, which bar
majority could do at any time.
The SPEAK Err decided, however, that two-third
would be necessary also for the postponemcnt. Olher
wise, it would he in the power Of the majority at an,
time 10 postpone subject which had been taken up b,
vote of two-thIrds.
!, Mr. MERlWETIIER said that if there was no othe
gentleman who objected, he unwilling 10 hinde
the proposition to relieve the necessities Of the Trea
d sury, and would Withdraw his objection. [Ohers oh
/ jecled.
5 The question being then taken the suspension o
the rules and the postponement Of petitions, (he yea
and nays being ordered on motion Of MIR Chiitenden,
j. more than two.,hirds voted for the suspension. Yea
o l43-nays III.
On motion of MIR. FILLMORE, the House then re
G solved itself into Committee Of the Whole-Mr. Hop
kns Of Virginia in the Chair-and took up the
, TREASURY NOTE BILL.
T Mr.. WISE said, that when the Committee last rose
(having had this subject before thcmO there pro
position pending that had been made by himself TO in
corporate into the bill provso for the repeal OF thu
e Distribution act At the time that he offered thi
amendment, he thought that i! in ORDER but subse
qnent reflection had satisfied him that this question
at least doubtful aud that 10 persist in his amendmen
would be 10 weaken both the present bill and the chanc
ofrepeang the Distribution act ltwould at all events
delay The supplies of Government which were immed
atey needed and therefore, in consideration Of this fac
and doubling whether his amendment in order, h
would withdraw it.