Weekly national intelligencer., 1850-08-10

allowed and that the power ef the Gensr. no.
il interfering with their own vindicaton Of ,ber I;
The counsss Of wisdom and moderation are not likely
to subdue the evaporation Of feeling which various
have brought the people Of that State. Sympathet;c
feelings prevail in of the Southern Ststss .nd !;
difficult % say how far the named spirit may be dfsed
ms condnon OF things Is threatening the peace Of the
Union. II should be terminated once unless we are vii
ling to discord prevailing and the strength of the
ment tried in the collision between State and general auho
, which cannot be avoided except by some such heal
ing this No doubt that we ought to ar
these evils at once, relieve the country now from the
agtatng questions which impede the public business from day
to day, which stop the ordinary of legislation and
threaten to stop the wheels Of Government not 10 result in
dissolution OF those bonds which constitute people
Sir cannot be insensibe to such considerations. feel as
strongly any the absolute necessity doing something
put end question which with conseuuences
serious il not fatal shall be perfectly satisfied If the bill
which have presented be modified by the Senate in any man
agreeable them, it will accomplish the purpose for
which il designed
There is another subject to which must ask the attention
Of the Senate for few moments and that the provso at
ached to the last clause Of the bill has been proposed by
that the United States should itself the right
Of distributing the money may Texas among her
creditors but have put such provision that in the bill
and for several reasons In the first place. do wish the
United States to become commissioner in bankruptcy for
Texas and in the second, do place Texas in
the condition Of appearing to be obliged be placed in the
hands OF commissioner Of bankruptcy to me that
while would be mpoc in undertake that which we
have not the means Of doing properly Texas can, with safety
to her creditors and honor to herself make this distribution
II would also be ndgny to the State of Texas Sir one.
Of the highest aons that could be offered honest man
would be to say, when he has ample discharge bis
deb that you suspect his honor, and will him with
the money devoted to this purpose II quite offensive
undoubtedly to State to suppose that she will be fathess and
fraudulent IN settlement with her creditors. not viii.
ling to make such an impuaton Texas, to suspect
IN the least her honor the honor of her Legislature
am willing to submit the matter to her decision and to
we have provided her. But admit, the same time that
right to guard the Treasury of the United States from the
contingencies which may flow from this measure, if Texas
should not adopt this course If Texas were to settle with
her creditors in full but upon reduction Of their claims
for principal and interest due by he with their assent
Is possible that future time these creditors even
after having consented to take five the dollar
that be supposed, may come back on the Government
of the United States and demand the full amount propose
to guard against that and for that purpose have introduced
the last proviso in the bill provides that of the ten mill
lions OF five per cent stock to be issued after the State
Texas shall have assened these terms and sgned her
assent IN proper form to the Government Of the United States
we shall retain five millions until such time full release
shall be filed in the Treasury Of the United States by the
creditors holding those bonds for which the duties on the
customs pledged. The arrangement rendered necessary
by this provso may easily be effected by these creditors and
Texas. On the presentation Of these claims (and believe
they all have been presented under the act of the Legislature
Of Texas of lS4S which called upon the creditors exhibit
their claims the amount of which is furnished in the state
ment referred to not long ago, the treasury Of Texas
perfectly competent for Texas give them orders for stock
on the Treasury Of the United States for the amount to
which they may be entitled by any arrangement which may
be agreed upon between them And these orders being filed
in the Treasury Department. will be ample security the
United States and protect from the possible demands
which have referred The necessary details can be pre-
scribed by the authority Of the Treasury Department
have now, Mr. President noticed briefly all the features
OF the bill which have presented hope it will pass, be-
cause feel sure that its passage will Immediately the
most troublesome Of the which have disturbed
Legislation during this long and weary sesson That out
the way may hope dispose Of the others speedily and
give quiet content, and harmony to the country.
On the bill being taken up on Wednesday, il was read
second time and considered in Committee Of the Whole.
Mr.. UNDERWOOD. feel constrained, Mr.. President,
to consume Of the time of the Senate in my opposition
to this bill. will get through what have say with
much speed as possibly am Of those who,
suppose may to extent be held responsible for the de-
feat of what has been denomnaed the compromise bill.
When the Senator from Georgia offered his amendment
that bill after the various fluctuations and manifestations Of
mbeciy the part Of the friends of that in chang
ing POSITIONS and in changing front the amend
ment was offered to the bill, entered my protest against it,
Senator from Maryland who introduced the
before the Senate has the responsibility having made the
ton for which voted and which, according the friends Of
the compromise bill ended in the destruction that
He has had his share for the loss Of that and
less distinguished and humble than he have escaped
from public notice, and from the colossal weight of this
sponsblity.
measure
down to its final termination, if the committee had
thought proper to fill the blank which were told at
day other in the progress Of that bill be filed in
tended to submit to the Senate remarks the subject
bill having been disposed of without the blank
ing been filed and the proposition in substance, with
slight modification, coming up under the bill offered by the
Senator from Maryland seems to that the occasion has
now arisen for my taking that general Of the subject
which had always contemplated taking and upon which
wish to stand before my constituents at home.
There one aspect sir in regard the question Of slavery
that can never be disposed Of to prevent agitation So
far as 10 moral and religious subject and 80 far as men
have Differed do differ, and will continue to differ regard
the institution upon moral and religious principles there
possibility of ending, either in this any other
try, agitation upon this subject In that respect sir, is
like the question Of the Hndoo religion the Mahomedan
religion any other religion upon which in different
ages have differed In that respect is like the question of
government whether shall be monarchica asocraca or
democraca Men in all ages Of the world have continued
to differ these subjects And in respect to slavery
There way in which is possible that agitation and dis
cusson, and public speeches. be put down. do not,
therefore, look TO this bill any remedy for that. That
condition Of things for which there possible remedy,
unless you can silence the thoughts and speeches Of
What then, sir in reference the question of slavery
VIII TINS bill accomplish, even if should pass The few
remarks have made show that you prevent the ope
rsons Of the minds of men, silence their tongues upon
the subject If the bill should pass what will it accomplish
IN reference to the institution II can only have one Of
effects and is not possible for il to have any ohe The
one is that may enlarge the territory which you may
place slave popuaton and the other is that may restrict
the territory on which you may place that population
Now, sir, which Of these effects will il have Will il
large the territory iii Does may be said according to
tne arguments which have been made this subject this
Senate that It will commend itself the Southern mind
hocauc vunnIdo n