The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-03-03

A<sotctd, That any oi Tie jAWe ~ whscu Scstam
classss Of ssAmen are proalb trd from entering csr-
tain ports Of the Union il the prosecution Of their
rghtiul business are in eoatravcnton OF the para
mount and exclusive power oftho Federal Govern
msnt To regulate couasnercc.
Resolved, That the police power Of the States
Juslify DO eaaetnsntx regulations which in di
rect, positive, and permanent conflict with the ex-
press provisions fundamental principles Of the
tioDul compact.
MIR. FILLMORE suggested that the subject had
better lie over until the remainder OF the committees
were called.
Mr. WINTHROP informed the gentleman that he
did not propose to discuss it, but merely desired a
vote.
MIR. JOHNSON, of Tennessee, moved /, lay the
resolutions on the table and the motion prevailed
yeas 90, nays 50.
THE DISTRICT BANKS.
MIR. POWELL, from the Committee for the Dis
trict of Columbia submitted Joint resolution 10 ex-
tend the charters Of the Banks Of the District Of CO.
lumba until July, 1854, containing proyso that
Congress may alter, extend, or repeal, or modify
them and If any Of the said banks shall hereafter
suspend specie payments, or refuse to pay demand
any of their notes, depostes other obligations, in
specie shall be the duty Of the district attorney for
the District Of Columbia, qDieo, to file bill be-
fore the proper court whose duty il shall be, upon
legal proof OF the fact 10 decree the forfeiture of the
charter OF said deaultng bank, and place il ia state
Of liquidation, and wind up its affairs according to
the rules and practices of court of chancery FIRST
paying out of the assets of each Of the said banks re-
spect yey all the holders of their notes in preference
to all other demands against them, aud to apporton
the remaining assets pro rata among all the other
dtors.
Mr.. WELLER objected to the second readirg of
the resolution.
The SPEAKER said the question, then, would
come up on its rejection.
MIR. PlCKENS inquired whether, if the resolution
ali ms kI..,xa ynt. Of
two-thrds to send il TO the Senate.
The SPEAKER replied in the affirmative.
MIR. MckENNAN expressed the hope that the
Speaker would not commit himself. MANY voices
she has, ""he has committed hmself'l
Mr.. SMITH, Of Va, moved TO lay the resolution
on the table.
Mr.. JOHNSON, Of Tennessee called for the yeas
and nays, which were ordered.
And the House, by vote of ~ to 80, refused to
lay the resolution on the table
The question recurred Shall the resolution be re.
jected and il was decided in the negative-yeas II,
nays 80.
MIR. ATHERTON submitted an amendment that
all stockholders, and all who may become stock
holders shall be liable, in their individual and pri-
vae capacity, for all the debts and liabilities of the
banks of which they shall be stockholders during the
time they are stockholders of said banks. He said,
in the course of his remarks, that tie amendment
imbodied very important principle, and if 1t had
heretofore been generally adopted throughout the
country, it would have prevented many pecuniary
disasters and frauds, especially the part of the
stockholders Of the late Bank of the United States
and the United States Bank of Pennsylvania.
Mr.. WELLER exposed the evil doings of these
banks and said that the stockholders, former
occasion, had suffered their notes to depreciate
twenty-five per cent, and then purchased them them
selves at the depreciation and paid then into the
banks at par At one time the stock deprecated
fifty per cent and after widows and orphans, and
others, ha, thus been defrauded the banks started
afresh But as their charters will not expire before
the fourth of July, 1874, why this subject now
forced upon Congress' Was it to anticipate legisa-
tom Was it to get the question out Of the way ;
Did gentlemen fear that there would not be ajory
in the next Congress who would pass tn Sc bank
charters on the conditions now proposed Whether
this were not, j, the only inference which
he could draw from the present proceedings.
The morning hour having expired,
Mr.. WELLER inquired whether he would be en-
titled to the floor To- morrow.
The SPEAKER said that he would.
GOVERNMENT STOCK.
Mr.. JOHNSON, of Maryland from the select
committee too which had been referred large num-
Der Of memorials asking for the issue of two hun
bred millions Of Government stock, based on the
public lands, made report thereon, concluding with
the following resolutions, viz:
Rfsoired, That it is expedent to employ the
dit OF the Government of the United States to the
extent prayed for by the memorialists.
Rsso!r d, That Committee Of - report bill
accordingly.
The report ordered to be printed.
MIR. J. r. INGERSOLL submitted resolution to
print five thousand extra copies of this well the
reports heretofore made by the majority and minor
ity Of the Committee Of Ways and Me ans sim
liar, but not identical subject. Objection being
made il lies over.
MIR. ADAMS offered substitute for the resolu-
tons Of the select committee to the effect, |. That
the reputation, by any State, OF any debt con-
traced with foreigners by the authority of the Legs
laure thereof is volatve Of that part of the Const-
tuition OF the United States which declarns that ''no
State shall pass any law mpairing the obligation Of
contracts !" 2 That If any State of this Union SHALL
in consequence Of such reputation involve herself
IN war with any fore On power, the Congress of the
United States has not the power 10 involve them, or
the people thereof, in such war; 3. That, in the
event OF such war, the State involving herself there
in shall cease TO be State Of the Union, and shall
have right TO call Tor aid upon the other States,
or any one Of them. He moved that the resolutions
be printed and on this question the yeas and nays
ordered
Mr. CAMPBELL, Of South Carolina made an in.
efectual attempt to submit an amendment that the
Constitution OF the United States does not authorize
Congress to dictate TO the Legislature Of Stale with
regard TO ITS financial or internal concerns.
The motion TO print the resolutions of Mr.. Adams
was negativcd-yeas IS, nays l0s.
Ga motion Of Mr.. ATHERTON, the report OF
the select committee, including the amendment, was
laid upon the table.
JONATHAN ROBERTS.
Mr. TOLAND, from the select committee on the
communication from the Treasury Department in re-
laon to the removal Of Jonathan Roberts late col
lector Of the port Of Philadelphia, made a report
thereon, which was ordered to be printed and the
resolution which accompanied it--discharging the
committee from the further consideration Of the sub
ject-adopted.
ABOLITION OF SLAVERY.
Mr.. SLADE asked leave TO present the resolution.
OF the State Of Vermont, the subject OF slavery
and the slave-trade but the House refused to sus.
pend the rules for that purpose.
THE ARMY.
Mr.. w. O. BUTLER, from the Committee on
Military Affairs, reported, without amendment the
bill repeating so much Of the act Of August last as