Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-01-15

regret. WIS what had been done by the British au
| 'horites on orr coast lie hoped Gteat Britain
would pause before giving her sanction to suei
| rno-mucs. In regard tn the resolution, the only
| doubt IN his mind was that Il vas premature. Il'
| lAd p'olcrret VIA, the Executive had moved FIRST
nut, since the resolution was moved, he was pre-
pared TO vote for u. In regard 10 the term TO which
tho Senator from Michigan objected, l. would b
found that the term had been used, and the FIRST ar
tclo Of ilc treaty of Client WAS cited rs nm exam
nc There was no necessity for this cautious ian
;uhce, and he hoped, Ivy general consent. 1t wonl'
| be withdrawn.
| MIR PORTER said his motion had no, been un
| ierstood or appreciated. His only object was L
give IN the language os legislation the language u
| the Constitution. He could be governed by ni
| other motives.
| MIR GRAHAM said that since the discussion had
been going on he h,d looked to several laws passed
| ny Congress- and found the term "siavcs" used
u had been used in almost all the laws relating To
slaves or slavery in any form. Several laws were
| cited.
Mr. WOODBRIDGE added his own request to
that nf the Senator from kcAtucsv, MIR Clay, tina,
his colleague would withdraw the motion To amend
the resolution, particularly the amendment did
not change the principle.
Mr. PORTER said TINT, we'll 10 crafty his
colleague as other fcnds who had made the request,
he would do 50; and 10y general consent t'he yeas
and nays having boon demanGcd) the motion was
withdrawn.
TIE BOARD OF THE ENCHECUER.
The motion to refer tho plan Of the Secretary Of
the Treasury to select committee was announced
by the Chals as the order OF III. day.
Mr. WALKER addressed the Senate for rear
v two hours, and in the Of his remarks, said
that although he could not vote for the plan 1t
now stnCd. he must dissent from the opinions of
some Senators Tho hsd objected 10 us plan for
the augmentation Of Excessive power, far beyond
any other scheme which had ever been proposed by
the Executive Department. lie believed shat the
plan did augment this power and that far II could
not receive his suppor'; but, at the same Time he
would contend ihai either al the Bank bills pas. cd
at the extra Session, and which would have become
law had It not been for tho Presidents Veto,
augmented Executive power in n much more dan
gcrnus and oppressive manner than the pTClect now
under consideration. lie would vote for that part
OF 1t which provided FOR the keeping Of the public
money, icT that feature in the lnde pendent
Treasury. although 1t was no: so economical. There
were also some portions Of the bill, rs exchanges
winch he would vote io-, but he would not vote inr
paper circulation by the Government, unless the
bills ~ he ISSUED should be based on do lar FOR dol.
lir, 10 meet their payment. So Ear the Govern.
mcnt could exercise is constitutional power in the
collection, srfe- keeping, disbursement, and trans
msiion OF the public revenue, aud could incident.
ally furnish an exchange currency cfths description,
he would not 'n'erp1sc any serious obiec ion TO 1t.
He believed that the plan might be so arranged as
10 leave i, op;onal with The Govsrnmcn, creditor
either 10 take specie or certificate io5 the amount
which was due to him, and which would be re-
oeivsh'e N dues a, the custom house, cnd IN pay.
'n.nt ofHublc arGs. Such an operation, connect
Ell with the depoSios At ihc u'ia's, would furnish
good syscm o. tx-bansc; and he believed tnit If
teen or twenty millions in cerlGcat-s thus thrown
out would Afford moe relief ,n,r chcc1s to tho
amount Of ons hundred millions furnished by the
banks. But, notwithstanding all this, very little
good could bo oh-ccd, unless banking corporations
IN a I've nc .r| dot in fN
much oltho aiversy of the country he'd is origin
III the unsouud condition OF these institutions.
Mr. MERRlCK said. that lie desired to address
the Senate upon the subject, but, a. it was late in
the afternoon, nc would defer doing so until ,o.rncr-
row. On his motion, the Senate then wen: into an
Executive session, and after sonc li,le time spent
therein, the doors we're opened, and The Senate ad-
iourned.