The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-03-31

from the banks; but the knowledge that ,h.,,
liable TO be called upon would indnes' were
| 10 retain such portion Of specie a. om
sustain Their paper issues. Il would renSs, Wv
banks continually jealous Of their credit; il ~,
make them srgus-eyed in watching each o,hs,
watching the ingress and egress Of the preeions -.
tails BY these multiplied guards il would h. us use
dered certain that the banks would mover h. iIS
without sufficient sum Ia specie. "
The banks VIII be compelled 10 make coD,ir,.,
statements 10 their own stockholders, and 10 hsvs
board of comparison, as in England VIVA, 49,
be the effect Of this SYSTEM Would il stop the bn.
ness Of the country, as the gentleman from psnnsi
vania had said2 The whole sum al any on. ,,nsyr
the treasury would not exceed eight or ten milona
and the system would aid the business of The co..
try, by checking imprudent and rash specul.,s"
As 10 mere safety, he believed the public mon",
would be as safe in the banks as anywhere. III,
penalties were not, however, more severe upon n,
banks than upon the sub treasurers.
The whole question was, whether q Connie,
with so many States independent of each other ~
of the general government as 10 the issues Of -.
ought not to establish some check upon the s.n.!
Of paper and enable the people TO have some sIsHt
ard by which TO regulate value
Mr. c, J. INGERSoLL spoke at length in sun.
port Of the bill. full report Of his remarks On
probably be given hereafter.
Mr.. MILTON BROWN IA report Of whoa. p.
marks is laid oyerl obtained the floor and ,noL
generally in opposition TO the BILL but mainly n =.
ply to remarks of MIR. g. J. IsaERsoLI
The Chairman then gave the floor to-
Mr.. ORDER, who yielded 10 motion ,hs, a..
committee rise; which prevailing,
The COMMITTEES rose, and the House adjourned.
The following petitions and memorials were n,..
scented under the rule, and referred to the appropr
ate commteesi
BY Mr., RATHBUN; The petition Of the mayor and n,
citizen. ofhs city Of Aeany asking the sPPOnmsRt Of
feued 10 the Committee on the Judiciary
BY Mr. FickLlN The petition Of Joseph Puqusi. AMI
Of mail facilities from onsy in Richlana con
ty to H. Mary and thence TO Nswtoa Ia Jasper Count
which wa, referred 10 the COMMITTEES on the Pos. oms,
BY Mr. Ho0E The petition Of one hundred and sy .e,,,
Sa Ss n, ,Ss ?, 81 aas conFr. for
the Mississippi river refsuedio the Committee Road.
By Mr WENTWORTH, The petition Of JOSEPH p,,,r
"a In favor Of free trade; referred to the COMMITTEES
Ways and Means.
county and state Of New York demonstrating agaiL
renew al and extension Of letters patent TO Benamis
granted to Jethro Wood now deceased: which Was reiI
10 the Committee on Patents
BY Mr.. SEAMAN The memorial Of the common council
Of the city Of Brooklyn in relation to the deencss Of Il,
cities Of New York and Brooklyn and praying Conx.,
put them in proper state Of defence.
By Mr.. YELL The petition Of lS citizens of Futon eoun
~ Arkansas praying for the establishment Of naioui,
from BatesVile, 10 FULTON courthouse In said STATE; r
red to the Committee the Post once and Post Roads
By Mr.. HUNT The petition OF Anna Mclean praying
compensation for the services Of her husband who dsd
the service in 1913
By Mr.. JAMES n. JOHNSON, The petition Of D.,u
Petit soldier Of the last for pension for disabs,
incurred during his services In the sane.
By Mr.. JEFFERSON DAVIS; Tine petition Of Jossph
Roger Of Mississippi for indenideaon for the los. ,u
tanned BY the receipt Of United States treasury moi,
which had been cancelled but frpudulenty ressued; NJ
ferred to the Committee ofClaims.
By Mr.. MccLERNAND The petition Of q number Of IN,
citizens Of Indiana and Illinois, praying postroute from
Evansville via New Harmony, Gnyyile Albion and Fair
held to SALEM In said last mentoned State referred 10 IN,
Committee on the Post Once and Post Roads.
BY Mr.. COOKE: Tn. petition Of Peter Rsmbo of IN,
county OF SEWER In the State Of Tennessee praying Con
gess for compensation for money taken from BY Ii,
British whilst at the surrender OF Fort Naga In The la,
The petition of Josiah Kindred OF the county Of Nor
gan in the State Of Tennessee praying Congress TO grant
him pension account Of to his coun
Try as soldier for period Of II years, including the late
BY Mr. NJ. l.. MARTIN; The petition Of NJ NJ Putney and
50 other settlers the canal In Wisconsin sskr
that the price of the land may be reduced and pre- empons
granted to them The petition Of VIM NJ. DENIM and
other citizens OF Wisconsin asking appropriation for the
road from Milwaukee TO that place