Daily Richmond times. [volume] (Richmond, Va.) 1849-1850, 1850-03-01
LATEST NEWS.
By Magnetic Telegraph.
OF THE RICHMOND TIMES.
CONGRESSIONAL SUMMARY.
THURSDAYS PROCEEDINGS.
COMPROMISE PROPOSED BY MR.. BELL

COMPROMISE PROPOSED BY MR.. BELL.
WASHINGTON, Feb %, p M.
SENArE-Mr. HUNTER from the Committee on FL
nance, reported bill establishing Board of Accounts
Mr. BELL, of Tennessee, introduced proposition
for a compromise the subjects now in dispute be-
tween the North and the South. He supported his pro-
positions in able speech, in which he took occasion
to clear his skirts of all connection with the proposed
Southern Convention.
His plan recites in the preamble the necessity Of
compromise and then goes state that the resolution
annexng Texas guaranteed the formation of new States
out of the territory thus acquired either slave or free
To carry this guarantee, as soon as the people Of
Texas assented it proposed form new State out Of
the territory South Of the 34th parallel of North latitude
and West OF Trinity Ryer-said State be at once adj
mited into the Union the Government OF the u States
TO take all the territory belonging to Texas West OF the
Colorado river extending to the 42d parallel OF North la
ude, and north of the 34th parallel oblgatng itsefto
pay the public debt of Texas consideration for the
territory thus surrendered when the population of the
territory South of the 4th parallel and West of the Co.
lorado shall be sufficiently to constitute
State, such State shall be admitted into the Union
Slave State; that the territory OF Texas North
OF the thirtyfourth parallel, shall be incorporated
with New Mexico, and thus be made to form another
State which shall likewise be admitted at such time as
formation of State Constitution Tor the same, in the
meantime territorial governments to be established
all acquired territory West of New Mexico and East of
California, said territorial governments be framed
without any restriction as to slavery, but eventually
to be admitted California to be admitted into the
Union at once with her present boundaries; all future
State Constitutions formed by territories be submitted
to Congress for its consent, but the inhabitants OF the
territories to have sole power to settle the question Of
slavery finally, the Committee on Territories to report
a bill to carry out the foregoing plan.
On motion, the subject was laid upon the table.
Mr. RUsK then took the floor and concluded his
speech on Mr.. Clay's compromise resolutions He
took ultra Southern ground.
The farther consideration of the subject was then
postponed till tomorrow.
The Senate unanimously agreed to proposition to
friend of his in the Senate Monday.
On motion. the Senate then adjourned.
HOUSE OF REPREsENTATIvEs.-The House has been
engaged the larger portion OF the day in discussing
solution reported by the committee on Naval Affairs
respecting American water -rotted hemp The resoll-
ton was finally laid aside, and the Heuse into
committee of the Whole, and took up the special mes
sage of the President of the United States
Messrs. CONRAD and PARKER made speeches deen-
sive of the the South had pursued in relation to
the questions now agitating the country.
Mr. SAcKETT then obtained the floor, but gave way
for motion that the Committee rise, which being
agreed to, the House shortly afterwards adjourned.