Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-01-27
TwENTY.SEyENTH CONGRESS-,
THIRD SESSION
M0NpAr. January -. lsI3.
HOUSE or REPRESENTATIVES,.


Mr. r. hsd intended to intimate that Mr.. Clay haC
been the champion of unitsd States Bank; but con
his general practice open bold fearless, and candid
In III, Hanover speech he had found adopt th'
general policy Of arrson course in Ohio and OF the mig
party In 1870, ito be all things 20 all men, A. ne was aa
Vised that bank unpopular in Virginia IL was on
the principle Wing party had been consider
Cd being in OF tariff ut the North and against
nt the South.
Bui In order that he might be misunderstood the
subject aud in order do injustice Mr.. Clsy Mr. b.
would ssh ct the House the language
u hsi distinguished individual in his published remarks:
THAT the currency OF the country, its stability and uni
form value and intimately and indissouby connected
with IT, the insurance OF the faithful performance OF the
fiscal services necessary the Government should be
maintained and secured by exercising all the powers requ
ice 10 these objects with which Congress is eonsnutionny
invested These the great ends to he aimed n-tho
Of subordinate importance Whether these ends
indispensable the well being both Of the People and the
Government be attained by sound and sale state
banks carefully selected and properly distributed, or by
bank OF the United States with such limitations con-
dons and restrictions have been indicated bY expert
should be left TO the Hrbusment OF enlightened pub
lac opinion"
Mr. Clay expressed his belief that Bank Of the United
saies would ultimately be found necessary no, as the inst
fruits of the election at 1919, but he expressed his willing
make another trial OF State banks, and leave tn
People . decide. lie says
But II the end that Of sound and sufheien, currency
and faithful execution o the fiscal duties OF Government,
that should engage the dspasonae and candid consdera
non Of the whole community. There is nothing IN the
nnme Of Bank OF the United States which has CHARM
tain great Objects without which society prosper
and t. contrary my apprehension these objects be
accomplished by dispensing with the agency OF Bank OF
the United States, and employing that OF State banks all
ougho rejoice and heartily acquesce and none would more
THAI should"
From thesr continued Mr. b. it appeared that
Mr.. Clay only did regard the establishment of u
States Bank result necessary growing out OF the cleo
Of General Hsrrison that he did not consider the
State Banks fairly tried and fully condemned but that
enlightened public opinion yet TO decide between
honest,
unanimous charge John Tyler with eschery. because he
had done just what Mr. Clay said he willing to do if
elected.
Mr. B. stated again tathe did not wish to BE- understood
as existing either against Mr. Clay in favor Mr. Tyler
but candid man, recoectng these remarks OF Mr. Clay
in his Hanover speech he had thought than Just
call attention gentleman from Kentucky this
subject show that, although he might have intended no
unfainess he had right in view OF this declaration OF
Mr. Clay thus pace the President OF the United States
before this House and before the country and he left for
the members Of this House and for the country 10 decide
the subject
Mr.. CUSHING said he did not know what nigh, be the
purpose OF the House relation the general subject;
whether IL fierce a decision resolution which
involves the merits Of the Exchequer plan, and thus antei
pate bill actually pending in Committee OF the Whole, or
not and it only in consequence Of this uncertainty that
he induced this time to take the floor He could
bring himself TO believe that the House would really
dopt such first and deliberate afterwards.
Ii had been said OF Judge named Rhadsmantus, east
cat aaditque" He niets punishment, and then hears.
Bat this precedent which belonged regions below
House. He hoped the House would suffer the subject
be fully discussed in Committee OF the Whole.
Mr. UNDERWOOD, (across) but here tits"
Mr. CUSHING. The gentleman from Kentucky, said
that here IL Yes, here il but il here under
all the natural impotence Of the House such houun-
der liability motion for the previous question - lie
The table. Mr. c. would, therefore, amend the
resolution from the Committee OF Ways and Means by
king the word not" before expedeni" that the
question might be had the resolution itself This would
OF the difficulties otherwise incident the
subject.
Mr. FILLMORE said that, he preferred having the
question taken affirmative rather than in a negative
form, he willing that, by general consent the word
" not" should be considered having been striker
Mr.. CUSHING objected. lie had made the motion,
and he preferred that should stand and this
which he would afterwards explain.
was impossible under the existing rules OF the House
TO bring IN public prominent and memorials pre-
scented by gentlemen the notice OF the House OF the
country. The rule lately adopted that subject had
doubt been well intended, but such operation-
Now Mr.. {. had received number of memorials from
ous parts Of the country in favor Of the Exchequer plan
and he would avail himself of the present pre-
them and their reference after which he should
10 adjourn.
Mr. c. accordingly presented number OF memorials
from New York. Philadelphia, and several other cities and
towns in favour OF the ENchequer BOad after which lac
moved to adjourn, which motion prevailing
The House adjourned.