Daily Richmond times. [volume] (Richmond, Va.) 1849-1850, 1850-02-28
LATEST NEWS.
By Magnetic Telegraph.
CORRESPONDENCE OF THE RICHMOND TINES.
CONGRESSIONAL SUMMARY.
WEDNESDAYS PROCEEDINGS.
WASHINGTON, Feb. q, 1856

WEDNESDAYS PROCEEDINGS.
WASHINGTON, Feb. 81, 1850
sENATE.-Mr. CHASE presented. this morning, the re-
solutions recently adopted by the Legislature OF Ono,
relative to Kossuth the Hungarian Patriot as well as to
the recognition of the independence Of Liberia.
After the transaction OF some unimportan business,
the Senate proceeded to the consideration OF W.T. Cay
Compromise resolution
Mr. BENToN addressed the Senate. He read the
Mexican DEGREES and laws aboshng slavery, and de-
duced concusion from these that slavery did not ex-
jst in the territories acquired by the u S. from Mexico,
by the treaty of Guadalupe Hdago He then read the
laws of Spain for the purpose OF showing the difference
between slavery as it existed in Mexico and in the United
States He argued that the tenure by which slave pro-
pery was held in the Territories acquired from Mexico,
was so weak that even if slavery had not been abolish
ed no American citizen could be induced to carry MS
slaves there. He thought there was nothing to be lost
or gained by passing the Wlmo Proviso, permitting
the existence OF slavery in this Territory.
When he concluded, Mr.. RUsK obtained the floor,
and proceeded oppose the resolution in relation to
the boundary of the State of Texas. lie claimed all
the territory lying East of the Rio Grande river as be-
longing rghtfuly to Texas Without concluding, he
gave way for the adjournment.
House OF ACCOMPLISHMENTS bills were
N-N
one for the establishment OF Branch Mint in the city,
of New York. was referred to the Committee OF Ways
and Means.
The House then went into Committee OF the Whole
and took up the Presidents annual message, which was
speedily laid aside for the purpose OF taking up the
special California; message OF the President. Mr.
TooMBs made an able constitutional argument against
the power of Congress prohibit slavery in the terl-
tories.
MIR. BAKER followed in defence of the position assu-
med on this question by the North. He declared that
he thought there existed danger of disruption OF the
Union.
Mr. McLANE spoke next, and declared himself
TO be in favour of non intervention policy. He
thought that ought TO constitute the National De-
inocratlc Platform, and that all who would not
subscribe to that policy ought to be read out OF the
party He declared his willingness to vote for the adj
mission of California.
Mr. CONRAD obtained the floor, but the committee
rose and the House soon afterwards adjourned.
MASSACHUSETTS, FREE SOIL CONvEN-
TON.
Boston, February 27-P M
The Massachusetts State Free Soil Convention as
sembled at Faneuil Hall to-day. Mr.. PALFREY was
chosen President, and taking the Chair made a
speech which he declared that the Free Sellers would
submit to compromises on the slavery question which
would suit the taste of Mr.. FooTE and other Southern
men.
THE MARKETS, LOSS OF A VESSEL. &c.
BALTIMORE, Feby 27-9 P M.
The market sdu to-day. Prices Of Flour and Grain
remain nominally as quoted yesterday.
The ship Rainbow, from Rio de Janeiro, arrived to-
day She reports the loss the schr Bllow from Porto
Cabeo, bound to Baltimore, in the Gulf stream Crew
saved.
NEW YORK MARKETS, Feby 81, P. M.
CorToN-Market steady-sales 1900 bales midding
Upland at l24 cents.
FLOUR and GRAIN unchanged in price.
STOCKS have still farther improved. We quote Trea-
sury Notes at $1l3.. and New Loan at $ll5a
Navigation on the Lakes is now open.
NEW ORLEANS COTTON MARKET, Feb. "a.
The steamer Ohio from New York has arrived.
Cotton Market firm, with sales Of middling at Ia
and fair at l2k cents