The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-02-18

Washington.
lCorrsspondencs Of the Herald


Nominat iom
In the Senate this morning after the presentation
OF petitions, Mr.. WALKER offered resolution CALL
ing upon the Executive for further information 20
latiye TO the case of the Creole
Mr.. SEVER offered a resolution N ;us,ruc i
the committee on Post Offices and Post Roads nd
inquire into the expediency Of granting the frank ]
ing privilege to the Elk Vice Presidents of
States.
Mr. BENTON offered the following resolu,;ons
which were ordered 10 be printed
Resolued That the Committee ON the Judicisrv bs in
sructed to bring in bill o amend the bankrupt ACT AL
To conhne the operations of the act 10 the
and mel camille parts OF the community.
q 10 conhne voluntary bankruptcy to declaration
OF insolvency, leaving to the creditors to proceed uno
that declaration, not just as they psass snd in HI
event Of their proceeding upon it, then ali the subse]
qusnt proceedings to be precisely in cases Of COM
Banks, ana eli money dealing and trading CORPORA
tons to be snhjectto the act and day fixed for it
The sssignees Of the bankrupts estate to be chosen
by the mass (say twothds in number and vaue) of the
be removable by them and their orders in
be followed in all cases by the assignees.
creditor to have the right Of attending the
animation q the bankrupt and Of putting ell interroga
racter Of his bankruptcy and the management and dis
posen Of his property and the present condition Of h
Persons suspected ON probable reason to have
goods property or effects Of the bankrupt
OF 70 DO Indebted to him. to be examined before the COM
T. The distinction between innocent and culpable
oankruPtcy TO- be recognised and established the for
mer to be limited 10 arising from casual losses u
trades the latter include all cases in which the bank
rupt has lost above the Of dollars in|
wagering betting stockjobbng, purchase Of lottery
lived xtrsvagantly end no,oriou.y beyoud III, %e.ns
or engaged in operations Of pure hazard been guilty.
nf fr mr. LIANT, evu-
to have the benefits conferred by the oct the culpabl
to be excluded from all advantages underit.
only to be granted on judicial ss..sion r.. ~
in favor Of the fairness and integrity o
the bankrupt signed by two thirds in number and value
Of the creditors who have proved their debts and allow
ed and approved by the judge according 10 the term
and principles Of section 80 in the act of April 1900
cy throughout the United States"
vent laws Of the States.
creditor. 77
IL. fair and full record of all in bank
ruptcy to be made and kept in the proper court.
H. The existing act to be repealed whenever incon
sistent with these amendments.
The resolution introduced by Mr.. BENTON on thl
4lh instant was adopted, instructing the Committed
on Finance TO inquire into the nature Of the cunenc
In which the government pays its creditors, whe
Their in hard money or deprecated paper money
and II the government paper was at discount, ant
what remedy if any, was necessary to enable the
government to keep its faith
The resolution submitted by Mr.. BARROW on tho
4th instant, was taken up and adopted, directing
the Secretary of the Navy to reporI what were tn
appropriations made by Congress for each Of thd
navy yards, for series of years, and stating tn
amount actually expended at Pensacola, &c. tn
condition of the naval defeaces in the Gulf of Me1
leo, and whether sound policy does not require til
establishment OF navy ya-d at or near the city
New Orleans.
The resolution of Mr.. WOODBURY. Of the 4th ins
calling upon the President of the United States I'd
atabular statement of the expenditures under III
late commission instituted to investigate the affair
OF the public buildings IN this city, and out of VIII
fund the expenses incurred were paid, was take
up, and after an amendment by Mr.. Mangum, whic
was accepted by Mr.. Woodbury., extending the
quiry, it was adopted.
Mr.. MAKGun then moved .aoAhs- resolution
which was adopted, calling for a statement of VIII
amount Of moneys was expended in constru
ting the public buildings in this city, and how
piled.
Mr.. WALKERS resolution, calling upon the PREF
dent for all the papers relating 10 the Mexican col
was postponed for a week, when the labors of Il
commission will have closed.
Mr.. LISN's resolution, calling upon the Preside
for information concerning the outrages commit
by the Mexicans at Sante Fe, was adopted.
,lThe remainder Of the Session was consumed ia 4
important and private business. rs
The city is full of rumOrs of changes in the Cal
net, meditated attacks upon distinguished Sec
tary, and explosions Of all kinds. None Of the
mors have assumed tangible or probable shaI
but almost every one seems impressed with The }
Lief, or expectation, or presentment, that someth
extraordinary IS to take place or transpire in sh
time. There are stories in circulation too,
strange letters written by E.ember OF the Cabi
to his correspondents in New York, abusive of
President. which have gotten into the hands of
of the members of the NewYork custom house ca
mission. Great times these. We shall see WI
we shall see. rfs
1t is generally understood that Mr.. Clay
about 10 send his resignation to the Legislature
kentucky, to take effect come time in April. q
object of sending it thus early is TO give the Lsg
ture an opportunity of electing a successor dur
their present session. Mr. Crittenden will undou
edly be chosen to fill his place. Mr.. C. il now
this city, attending the Supreme Court, and
probably remain until Mr.. Clay retires. The n
utons offered by Mr.. Clay yesterday, are to cor
tute the basis Of his movements during the rem
der Of his senatorial term. He intends 10 pIa
desperate game for the presidency, and will Out
all other aspirants in his propositions to concil
the high tariff and banking interests OF the coun
These interests are indssolubly connected, and
promotion of one is the success Of the other.
pretence Of adherng to The principles of the G
promise Act, is designed as cure to the South;
the object is too apparent TO gain him credit in
quarter
The alb ence ofMr. Clay fronthe councils Of
nation will tend to harmonyaud concord Of actio
the wing party. In his anxiety to control and
late every thing, he has been presumptioua
arrogant, and SO dctatorial, as to preclude the
Of beneficial and provideni legislation. No