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SENATE.]
Frederick County Md.) Memorial.

[MAY 28, 1834. ing his own views upon the subjects alluded to. They and so able, as to beat it down, and carry against it a mawere well expressed in the memorial, and he had had the jority of the people, who were persuaded by popular honor of making them known on more than one occa- speakers and leaders to believe that great public interests sion. He would, however, while on the floor, express required these officers to give place to those who now his surprise at the course pursued by some Senators on occupy their stations; but did we ever see the fruits of that the opposite side; they will not allow to intelligent opposition in the disastrous condition of the country now practical men the least acquaintance with their own con- proved to exist? Sir, we have fully tested what can be cerns-practical men, whose lives were devoted to their effected by the combined powers of talented orators in particular pursuits, to which they had exclusively confi. Congress—we witnessed that “ experiment” to its utmost ned themselves, were not permitted to have any acquaint. extent and consummation. But it did not stop your looms, ance with those very departments of business to which it did not fill your streets with objects of charity, willing they had altogether applied their whole attention. Gen- to labor for an honest living, but unable to find employtlemen here knew much better than they did their con- ment-it did not destroy confidence and credit, and prosdition, their necessities, and their prospects. Was it trate all your branches of business—it did not depreciate possible that such an idea could seriously be entertained your currency, and break your banks, and fill your newsThat portion of the people of Maryland who have issued papers with lists of insolvents and bankrupts--it did not this declaration of their opinions, are intelligent; they un- load your table, and stun your ears with the loud comderstand their interests, and they know the practical in- plaints of men of all classes of life, and all shades of politfluence of your financial and political schemes upon their ical sentiment, crying aloud against present embarrassparticular departments of business much better than ment, and predicting worse. Congressional speeches mere politicians do. The merchant, the mechanic, the never did this before, and could not do it now. Those agriculturist, whose subsistence and pecuniary comforts who suffer, know well from whence the blow proceeds, depend upon the successful prosecution of their respec- and know, too, that while the hand that strikes is still retive pursuits, can appreciate more accurately than others, lentless, no voice uttered here can stay the work of dethe precise effect of any given state of things upon their struction. There is a voice elsewhere, the voice of an respective occupations. All their intelligence and acute- indignant, injured people, that can arrest the wild career ness, sharpened by interest and cultivated by experience, of folly and passion, and he trusted it would be heard in are engaged with deep solicitude to understand the bear-tones of thunder. ing and influence of exterior causes. They are not Mr. C. adverted to the productions of prices current. blinded or misled by the prejudice of politics and party; He had heretofore given to the Senate his views upon they are moved by the great consideration of the security this subject, and had attempted to show, that, with regard and prosperity of trade. They are excited only by the to flour, wheat, corn, and tobacco, the prices were much presence or approach of some enemy to their interests; below the just expectation of those who reared these

something that interrupts the regular channel of their products, and much below what they would be but for the useful labor. The contests of individuals for power or injurious influence of the late Executive measures upon

office, the strifes of party and partisans, are to them quite the commercial and business transactions of the country. insignificant, in comparison to the steady profitable prog- The well-known law of supply and demand must exert ress of their business. Such men are not expectants of its prevailing effect to an extent which will make it resist, office, or political distinction; they look for happiness, in a considerable degree, the operation of other causes. first in the success of their honest avocations, and then in the last crop of wheat and corn was a small one--corn the private and retired walks of life, enjoying the repose particularly, the demand for which is chiefly at home, which their industry has entitled them to indulge, and the was sold last fall, at the moment when the crop was harintercourse of friendship more durable than that of poli-vested, at a higher price than it will command now, alticians. Such men have presented themselves before us though the loss by waste and diminution of quantity, by by thousands, moved by no impulse of party prejudice or keeping it over six or eight months, is believed to be hostility, for they come with all sorts, all classes, of party equal to fifteen or twenty per cent. It was now only sold names-influenced by no desire to prostrate a dominant in quantities actually necessary for immediate consumppower, for they have, many of them, assisted to establish tion, and the introduction of a large quantity into any one it; they come with an assurance that they see and feel the place would, he had no doubt, immediately reduce the mischievous and ruinous consequences of a course of price. Flour and tobacco were much more dependent measures unwisely adopted by the Executive. They go upon the foreign demand, and he had heretofore offered into detail, and explain how and why these mischiefs are the proofs to show that the prices here had not borne the felt; that the causes continuing, the effect must be pro- usual and fair proportion to the prices abroad, and belonged, and the mischiefs be aggravated; and they point cause the embarrassed condition of the country had les. you to the appropriate remedy. They will listen with sened the means and resources of those who were usually surprise to the language in which their petitions are an- purchasers. Wheat, at one time, had sold for more than swered; they will, with astonishment, hear it said that they three dollars per bushel, but we all know that it was not do not understand their own case at all; that they do not the result of a condition of the country so very much experience difficulties or embarrassments; that the price more prosperous than it was in the preceding or succeedcurrent proves they are totally ignorant of their own con-ing year. Every one knows that peculiar circumstances cerns when they complain; and their surprise will not be produced the unusual price, circumstances controlled no diminished when they hear the further consistent conclu- doubt by the pecuniary condition of the country, to some sion of the answer, that all they suffer is not, as they extent, but not by any means exclusively arising out of vainly suppose, the result of causes to which they as- that condition. So now these prices attain their present cribe it, but is all attributable to certain political here- rates, not in consequence of the prosperous condition of tics in Congress, who have created a panic by their the country, but in despite of all the pressure, and all the speeches.

embarrassment, and all the poverty, and all the wretchWhy, sir, said Mr. C., we have had opposition to an ad. edness, which our rulers liave most uselessly brought upon ministration before—we have had violent speeches in a people whose only offence consists in having thought. Congress--we have had the President and his cabinetlessly indulged their feelings, instead of consulting their charged with all sorts of unwise and mischievous conduct judgments, when they intrusted these rulers with their --we have seen all this in the case of the last administra- confidence. tion--and we have seen opposition so fierce, so violent, Mr. C. said he would forbear to extend his remarks,

BLAT 28, 1834.]

Restoration of the Deposites.

[SENATE.

and would conclude by asking that the meanorial receive ites already placed in the local banks, subject to the regthe usual disposition, and be printed.

ular disbursements, according to the provisions of law. The memorial was then referred to the Committee on It provides prospectively for the lawful resumption of Finance, and ordered to be printed.

those relations which had heretofore existed between the Mr. WEBSTER, from the Committee on Finance, re- Treasury of the United States and the Bank of the Uniported a bill to repeal certain provisions of “An act to ted States, which relations had been provided for by law, alter and amend the several acts imposing duties on im- and which had only been interrupted by a violation of law ports," approved the 14th July, 1832.

and of the constitution. It might be said that the Senate {This bill restores the provisoes in the 10th and 12th ar- had no right to usurp the action of the other House, or to ticles of the 2d section of the act of 14th July, 1832, as originate what would never obtain the sanction of the relates to hardware, and manufactures of copper and brass, Executive branch. which were, by a subsequent act, i.e. of 20 March, 1833, Whatever might be the fate of these resolutions at the suspended until the 1st of June, 1834.]

other end of the Capitol, or in another building, that conRESTORATION OF THE DEPOSITES. sideration ouglit to bave no influence on the course of this

body. The Senate owed it to its own character, and to Mr. CLAY rose and said, that, as the morning business the country, to proceed in the discharge of its duties, and seemed to have been gone through, he should move the to leave it to others, whether at the other end of the CapSenate for leave to introduce two joint resolutions. He itol or in another building, to perform their own obligahad given notice of one resolution, but, on reflection, he tions to the country, according to their own sense of their had thought it best to prepare separate resolutions, which, duty, and their own convictions of responsibility. To as they were short, he would read in his place:

them it ought to be left to determine what was their duty, Resolved by the Senate and the House of Representatives and to discharge that duty as they might think best. For of the United States of America in Congress assembled, himself, he should be ashamed to return to his constituThat the reasons, communicated by the Secretary of the ents without having made every lawful effort in his power Treasury in his report to Congress of the 4th of Decem- to cause the restoration of the public deposites to the ber, 1833, for the removal of the deposites of the money United States Bank. While a chance yet remained of of the United States, from the Bank of the United States effecting the restoration of the reign of the constitution and its branches, are insufficient and unsatisfactory. and the laws, he felt that he should not have discharged

Resolved, therefore, That all deposites of the money of this duty if he failed to make every effort to accomplish the United States which may accrue or be received on that desirable object. and after the 1st day of July, 1834, shall be made with

The Senate, after passing the resolution which they the Bank of the United States and its branches, in con- had already passed, and waiting two months to see wheformity with the provisions of the act entitled “An act ther the Executive would conform his course to the views to incorporate the subscribers to the Bank of the United expressed by this branch of the Legislature; after waiting States," approved the 10th April, 1816.

all this time, and perceiving that the error, as the Senate The first resolution, Mr. C. said, it would be perceived, had declared it to be, was still persevered in, and seeing. was a mere re-affirmation of one which the Senate had the wide and rapid sweep of ruin over every section of already passed, declaring the insufficiency of the reasons the country, there was still one measure left which might assigned by the Secretary of the Treasury for the removal arrest the evil, and that was in the offering of these resoof the public deposites from the United States Bank and lutions—to present them to this body; and, if they passed its branches, and their unsatisfactory nature. That reso- here, to send them to the other House; and, should they lution was a separate one, and was not intended for the pass them, to present to the President the plain question, action of the other House; but only to constitute the basis if he will return to the constitutional track; or, in oppoof legislation, if legislation should be found necessary; sition to the expressed will of the Legislature, retain the and to produce the effect which, in his humble opinion, control over the millions of public money which are alit ought long since to have produced, in the restoration ready deposited in the local banks, and which are still of these deposites to the vaults of the United States coming in there. Bank, by the Secretary of the Treasury, without any fur- To-morrow (continued Mr. C.) will be the last day of ther action on the part of Congress. He would not again one entire year, since we have had a Secretary of the state the reasons which had brought him to this conclu- Treasury of the United States appointed in conformity to sion, as he had so recently laid them at length before the the provisions of the constitution of the United States. Senate.

Unless the Executive nomination is to be found in the But that was a separate resolution of this body, and this communications which have been brought to the Senate was a joint one. To the former it had been objected on this morning, it will be one year to-morrow since there this floor, and also in the country, and, as he believed, by has been a head of that department, holding the office the President of the United States also, in his protest, and performing the duties, by and with the advice and that it was a mere abstract proposition, not necessary to consent of the Senate, conformably to the constitution. be introduced, and which would not lead to any particu- It has been asked on another occasion, Why this great Jar measure of legislation. He thought that there was anxiety for the nomination of persons who have been apnothing at all in that objection; but, in order to prevent pointed during the recess? For no other reason than that any person from being misled by it, he had deemed it the constitution requires the nominations to be made. It proper to submit the first of these resolutions.

had been asked, if we were anxious to receive the nomi. The second resolution states that all deposites of the nations, in order that we may reject them? There is no money of the United States which may accrue or be re-one who has a right to put such a question. It is sufficient ceived on and after the 1st day of July, 1834, shall be to answer, that the constitution requires the nominations made with the Bank of the United States and its branches, to be made; and to say that this has not been done. And in conformity with the provisions of the act entitled 'An we might retort, if it were proper to go into any inquiry act to incorporate the subscribers to the Bank of the Uni- as to motives, Why is the nomination of a Secretary of the ted States,' approved the 10th April, 1816.”

Treasury withheld? Is it kept back because it is designed The effect of the second resolution, it would be per- to nominate an individual who, it is known, will prove un. ceived, if adopted, would be to leave the Treasury De acceptable to this body? But it is not my purpose to go partment at full liberty to continue its experiment until into the consideration of these questions; or, indeed, to the first of July next.' It would leave the public depos-Isay any thing on the subject of the resolutions, which can

SENATE.]

Restoration of the Deposites.

[MAY 28, 1834.

now provoke any debate. All that I have further to say, the day for Tuesday next. Here, then, are two questions is to express a hope that the resolutions will be acted on, depending between the House and the bank; the first, an and will be suffered to receive the decision of the Senate, inquiry into the misconduct of the bank; the second, a without any unnecessary or protracted debate.

proposition to compel the bank to submit to the authority Mr. BENTON deemed the present moment to be the of the House. Was it right for the Senate to interpose most objectionable time that could have been selected for between those bodies while these questions were dependproposing to restore the public deposites to the United ing? Was it right to interfere on the part of the bank? States Bank. Such a proposition might have been a Was it right for the Senate to leap into the arena, throw proper proceeding at the commencement of the session. itself between the contending parties, take sides with the A joint resolution, at that time, would have been the bank, and virtually declare to the American people that proper mode; it could have been followed by action; and, there was no cause for inquiry into the conduct of the if constitutionally passed, would have compelled the res- bank, and no ground of censure for resisting the authoritoration of these deposites. But the course was different. ty of the House? Such would, doubtless, be the effect A separate resolution was brought in, and passed the Sen- of the conduct of the Senate, if it should entertain the ate; and there it stopped. It was a nugatory resolution, proposition which is now submitted to it. That proposileading to no action. It was such a one as a State Legis- tion is one of honor and confidence to the bank. It prolature, or a public meeting, might adopt, because they ceeds upon the assumption that the bank is right, and the had no power to legislate on the subject. But the Senate House is wrong, in the questions now depending between had the power of legislation; and, six months ago, when them; that the bank has done nothing to merit inquiry, or the separate resolution was brought in, the Senate, if it to deserve censure; and that the public moneys ought to intended to act legislatively on the subject at all, ought be restored to her keeping, without waiting the end of to have proceeded by joint resolution, or by bill, at that the investigation which the House has ordered, or the detime. But it thought otherwise. The separate resolu- cision of the resolution which affirms that the bank has tion was adopted; after adoption, no instruction was given resisted the authority of the House, and committed a conto a committee to bring in a bill; nothing was done to give tempt against it. This is the full and fair interpretation legislative effect to the decision of the Senate;.and now, the clear and speaking effect-of the measure now proat the end of six months, the first attempt is made to move posed to the Senate. Is it right to treat the House thus? in our legislative capacity, and to pass a joint resolution Her resolutions, adopted with the greatest unanimity, im-equivalent to a statute-to compel the restoration of ply the worst of misconduct to the bank. Certainly the these deposites. This is the state of the proceeding; and, House would not order an inquiry, unless they believed Mr. B. must be permitted to say, and to give his reasons there was ground for it-grave and serious ground for it. for saying, th the time selected for this first step, in our The specified points of inquiry went to malpractices and legislative capacity, in a case so long depending, is most abuses—to corruptions and oppressions--to violations and inappropriate and objectionable. Mr. B. would not dwell forfeiture of the charter! If true, they not only showed upon the palpable objections to this proceeding, which the bank to be unworthy of keeping the public moneys, must strike every mind. The advanced stage of the ses- but unworthy of existence! a criminal institution, ripe for sion--the propositions to adjourn--the quantity of busi- the stroke of justice, and awaiting the sentence of the law! ness on hand--the little probability that the House and the Was it right for the Senate, by adopting a resolution of President would concur with the Senate, or that two-thirds honor and confidence to the bank, to make a virtual decof the two Houses could be brought to pass the resolution, laration, that the bank was innocent, and the House culif the President declined to give it his approbation. These pable, for proceeding against her? That the inquiry dipalpable objections must strike every mind, and make it rected by the House is frivolous and unfounded-unworappear to be a useless consumption of time for the Senate thy of consideration—and not fit to arrest, for a moment, to pass the resolution. Virtually, it included a proposition the full current of honor and confidence from the Senate to re-charter the bank; for the most confidential friends to the bank? of that institution admitted that it was improper to restore In the front of these inquiries, said Mr. B., stood the the deposites, unless the bank charter was to be contin- prominent subject of the public distress; that distress ued. The proposition to restore, then, virtually included which had been the subject of so many meetings, the burthe proposition to re-charter; and that was a proposition den of so many memorials, and the pregnant topic of so which, after having been openly made on this floor, and many wosul speeches on this floor. The first subject of leave asked to bring in a bill to that effect, had been aban- inquiry was, into the cause of this distress. The comdoned, under the clear conviction that the measure could mittee were directed to ascertain whether the bank, not pass. Passing from these palpable objections, Mr. B. through its money, or through its management and influproceeded to state another reason, of a different kind, ence, had contributed to produce the distress which the and which he held to be imperative of the course which innumerable memorials presented to Congress so bitterly the Senate should now pursue: he alluded to the state of complained of; and they were directed to search for the the questions at this moment depending between the Bank evidence of that fact in the bank itself. Will the Senate, of the United States and the House of Representatives, by its act, virtually affirm the frivolity or the untruth of and the nature of which exacted from the Senate the ob- this inquiry? Will the Senate, virtually, intelligibiy, and servance of a strict neutrality, and an absolute non-inter- practically, acquit the bank, when the bank will not acference between those two bodies. The House of Rep. quit itself?-will not suffer its innocence to be tested by resentatives had ordered an inquiry into the affairs and the recorded voice of its own books, and the living voice conduct of the bank. The points of inquiry indicated of its own directors? These directors have refused to misconduct of the gravest import, and had been ordered testify; they have refused to be sworn; they have reby the largest majority, not less than three or four to one. fuse:i to touch the book; because, being directors and That inquiry was not yet finished; it was still depending; corporators, and therefore parties, they cannot be rethe committee appointed to conduct it remains organized, quired to give evidence against themselves. And this reand has only reported in part. That report is before the fusal, the public is gravely told, is made upon the advice Senate and the public; and shows that the directors of the of eminent counsel. What counsel? The counsel of the Bank of the United States liave resisted the authority of law, or of fear? Certainly no lawyer-not even a junior the House-have made an issue of power between itself apprentice to the law—could give such advice. The right and the House-for the trial of which issue a resolution is to stand mute, does not extend to the privilege of refusing now depending in the House, and is made the order of to be sworn. The right does not attach until after the

Mar 28, 1834.]
Restoration of the Deposites.

(SENATE. oath is taken, and is then limited to the specific question, so largely into the currency of the country and the rev. the answer to which might inculpate the witness, and enues of the Union? The words of the resolutions are, which he may refuse to answer, because he will say, upon to cause information to be communicated to the people his oath, that the answer will criminate himself. But in regard to the nature and operations of the bank. The these bank directors refuse to be sworn at all. They re. President of the bank was to execute the resolution, and fuse to touch the book; and, in that refusal, commit a has executed it at an immense expense, every fifth dollar of flagrant contempt against the House of Representatives, which is the money of the people. The operations of the and do an act for which any citizen would be sent to jail bank have thus been made the subject of communication by any justice of the peace in America. And is the Sen- to the people by the bank itself. The board of directorsate to justify the directors for this contempt? to get be- the very men now directing the bank, have admitted the tween them and the House? to adopt a resolution before-right of the people to be made acquainted with the nature hand—before the day fixed for the decision of the con- and with the operations of the bank; they have filled tempt, which shall throw the weight of the Senate into newspapers and periodicals with their communications, the scale of the directors against the House, and virtually intended to influence the opinions of the people; and declare that they are right in refusing to be sworn? If it now, when the representatives of the people send a comdoes, said Mr. B., it may find itself confronted by the au- mittee to obtain a little more of that information, and to thority of the bank, as well as by the stern voice of the find out whether the communications already made conlaw. The bank itself-the directors individually, and the tain the truth, the whole truth, and nothing but the truth, corporation as a board-have heretofore admitted and de- they are unblushingly denied the privilege! Mr. B. proclared the right of the people to have the evidence which ceeded to a third piece of testimony to convict the bank, is now demanded. He did not speak of the former ex- upon its own evidence and its own acts, of self-contradicaminations, in which directors were sworn, and books ex- tion, in refusing to give testimony before the committee, amined. Strong as these cases were, he passed them and refusing to permit copies to be taken from the bank over, to get at cases stronger still, and which should ex- books: it was in the fact, that these identical directors, hibit the present directors themselves--the same men, in the same who now refuse to be sworn, had already apdividually and corporately, upon their oaths, and upon peared as volunteer witnesses, in their own persons, in their honors, in their most solemn and authentic acts, con- the very case, and to the self-same points, in many in. tradicting and condemning their present pretensions, and stances, to which they now refuse to testify. Here, said acknowledging the right of the people to have the evi- Mr. B., is the proof, holding up a printed pamphlet. It dence of their books, and of their oaths, to elucidate any is a little book of forty pages, drawn up by a committee question, either of abuse of powers, corruption of con- of the bank, adopted by the board of directors, 5,000 duct, or violation of charter, which may be charged upon copies ordered to be printed, and universally received by them.

the friends of the bank as the evidence of its correctness Mr. B. said, that the present president of the bank had, and upright dealings. It is dated December, 1833, and heretofore, sworn to the right of Congress to know every imports to be an answer to “a paper signed Andrew thing that the bank did. It was in the investigation of Jackson, purporting to have been read to a cabinet on the 1832, and in relation to a loan, which, at the uitermost, 18th of September, and to another paper signed H. D. could only amount to malpractice, abuse, or corruption, Gilpin, J. T. Sullivan, Peter Wager, H. McElderry, and could not work a forfeiture of the charter. it was bearing date August 19th, 1833.” Now, what were the the case of the first loan to Noah and Webb. This loan papers here answered by the bank, but the very papers of $15,000 had not been entered upon the books of the on the charges contained in which, the committee of the bank. Nine months after it was made, it was, for the first House was raised? The paper signed by Mr. Gilpin and the time, put upon the books. The reason of this was stated other Government directors, charged the bank with a by Mr. Biddle, in his examination before the committee. long list of malpractices, amounting to abuses, corrupIt will be seen at page 86 of the report of that commit- tions, and violations of charter. The paper read by the tee. A committee of the House of Representatives were President to his cabinet, was founded upon the communicoming to investigate the affairs of the bank. This loan cation of the Government directors; and to these papers was not upon the books; but, at the approach of the com- the bank directors publish an answer of 40 pages, conmittee, Mr. Biddle ordered it to be put there—and de- sisting of their own statements, and of extracts from their clares his reason to be this: “I thought it right that every books, and contradicting or explaining the charges of the thing done by the bank should always be distinctly known Government directors. To this the Government directand avowed. I therefore gave the notes to the chairman ors made a rejoinder of 50 pages; and the whole came of the committee, Mr. Thomas P. Cope, who entered before Congress and the nation. Upon these charges and them on the books." Mr. B. said that he referred to this answers, the committee of the House was raised. It went testimony of Mr. Biddle, not for the transaction to which to Philadelphia to investigate the very points which had it related, but for the sentiment which it declared; a sen- been brought before the public--the very points to which timent sworn to and acted upon in 1832, and denied and the bank directors had been testifying before the public, repudiated by the same men in 1834! He had no com. and publishing extracts from their books! Yet they rement to make upon this contradiction, the glaring nature fuse to be sworn! refuse to swear! refuse to testify! reof which would strike every mind. He proceeded to the fuse in the very case in which they had appeared as volnext piece of evidence emanating from the bank itself, to unteer witnesses! refused to testify on the very points prove the acknowledgment of their obligation to submit which fill their own pamphlet; that pamphlet of which the operations of the bank to the judgment of the people. they ordered 5,000 copies to be printed, and the contents Every body, said Mr. B., has heard of the resolutions of of which have formed the basis for all those speeches in the bank, adopted at the board of directors, and confirm- favor of the bank, of which so many myriads of copies ed and extended by successive boards, for putting the are distributed from this Capitol, and, as it is well befunds of the bank, without limitation of amount, at the lieved, at the expense of the bank and of the people, who disposition of the President, to spread information before pay every fifth dollar of the money expended by the bank! the people. Now, what were those resolutions, either in This is the conduct of these directors; refusing to be language or in import, but authentic declarations of the sworn to the truth of their own statements; refusing to right of the people to be made acquainted with the oper- appear as witnesses before a committee of the House of ations of an institution in which they are partners to the Representatives, after having appeared as volunteer witamount of seven millions of stock, and whose notes enter nesses at the bar of the public, and given evidence upon

SENATE.]

Restoration of the Deposites.

Names on the Pension Roll.

[MAY 29, 1834,

the identical matters in controversy! Mr. B. held, upon The resolutions were then read and ordered to a second these facts, that the bank directory were self-convicted reading. of their contumacy to the House of Representatives, and On motion of Mr. WEBSTER, the Senate then proas good as convicted of all the matters laid to their charge; ceeded to the consideration of Executive business. After and that it was assuming an immense burden upon itself, remaining for some time with closed doors, for the Senate to go on to vote a restoration of the public The Senate adjourned. deposites to the bank! a vote wbich implies honor and confidence! which treats as frivolous or unfounded the

THURSDAY, Mar 29. charges against the bank! which virtually pronounces the opinion of the Senate on all the questions depending be

NAMES ON THE PENSION ROLL. tween the House and the bank, and throws the weight of The resolution submitted the day before yesterday by that opinion into the scale of the bank!

Mr. PRESTON, on the subject of pensions, was taken Mr. B. called the attention of the Senate to another up, on his motion; when Mr. P. addressed the Senate in point in which the body of the directors, in their answer a series of statistical remarks, for the purpose of showing to President Jackson's cabinet paper, had made a charge that the number of pensioners on the pension books are against him, which, if true, would not only degrade and far greater than the number of the survivors of the Revodishonor him personally, but entirely annihilate the influ- lutionary war, according to all the tables of longevity and ence of his name and opinions against the Bank of the all statistical principles. As he made constant reference United States. It was a charge of having attempted to to tabular statements, in the course of his observations, it make the bank subservient to his political views, and then is not practicable to give any accurate report. turning against it because he could not thus use it. The After going through his tables, Mr. P. concluded with charge was specific, with time and place, and would be expressing his wish to restore accuracy to the payment read: “It was in the midst of this career of inoffensive of pensions, and with declaring that he should follow usefulness (of the bank] when, soon after the accession up this resolution with a motion to print the list of pento power of the present Executive, the purpose was dis- sioners. tinctly revealed, that other duties than those to the coun- Mr. Prestox was followed, in reply, by Mr. WEBtry were required, and that it was necessary for the bank, STER, Mr. FRELINGHUYSEN, Mr. SPRAGUE, Mr. in administering its affairs, to consult the political views of EWING, Mr. CHAMBERS, Mr. WRIGHT, Mr. FORthose who had now obtained the ascendant in the Exec!'-SYTH, Mr. CALHOUN, and Mr. SHEPLEY. tive. It is understood, that soon after that event a meet- Mr. FRELINGHUYSEN moved to amend the resolaing was held in Washington of the principal chiefs, in tion by including the words “the State or Continental consider the means of perpetuating their new authority, line in which they served," which was accepted as a modand the possession of the bank was among the most ification by the mover. prominent objects of the parties assembled.”

Mr. CHAMBERS moved to amend the resolution, by This is a charge, said Mr. B., put forward by the pres- adding the following words; and the amendment was acent directors of the bank, in their pamphlet of December, cepted, as a modification, by Mr. Preston: 1833. It is put forward with a specification which admits And that he be also directed to report to the Senate of proof. The time, the place—the object-and the the regulations adopted at the War Department relating parties to the meeting-are all stated; and upon this to the process necessary to entitle claimants to the benefit statement an immense superstructure of accusation has of the act of 7th June, 1832.” been raised against the President. Now, the statement is After a discussion, which continued until half past three, either true or false; if true, it degrades and dishonors the On motion of Mr. FORSYTI, the resolution was laid President; if false, the people ought to know it. If the on the table for the present, the mover assenting. directors had submitted to be sworn, they would have [The following is a copy of the resolution as now modbeen examined on this point; by refusing to be sworn, ified, and depending in the Senate: they have escaped the examination; and the people re- Resolved, That the Sccretary of War report to the Senmain without proof on a point of the utmost materiality ate a statement showing the names of the several pento their confidence in the administration of the Govern- sioners who are now, or may have been heretofore, placed ment. Mr. B. called upon all honorable men to say, on the pension rolls, designating their rank and annual whether the bank directors, after having made such a allowance, the sums which they have severally received, charge, and with circumstantiality of time and place, had the laws under which their pensions have been granted, a righi to draw back and refuse to be sworn to what they the State or Continental line in which they served, the had stated.

date when placed upon the roll, their ages, and the States Mr. B. then concluded, with a motion to postpone the and counties in which they severally reside; also, the further consideration of Mr. Clar's resolution for a week, names of the pension agents who have received compento give time to the House of Representatives to decide sation as such, and the amount of such compensation, the question of contempt depending against the bank and the act under which it was allowed; the names of the directors.

clerks who are, and who have been, employed in the pen. Mr. CLAY: I hope the motion will not be postponed. sion office, and the sums paid them as compensation;

Mr. BENTON: I shall ask for the yeas and nays on my with a statement of the aggregate sum paid in each State, motion.

and an aggregate statement of the whole sum disbursed Mr. CLAY: Agreed.

on account of pensions: and that he be also directed to The yeas and nays were then ordered, and the question report to the Senate the regulations adopted at the War being taken, was decided as follows:

Department, relating to the proofs necessary to entitle YEAS.--Messrs. Benton, Black Brown, Forsyth, Grun- claimants to the benefit of the act of 7th June, 1832.] dy, Hill, Kane, King of Alabama, King of Georgia, Linn, [As entire notes of the whole debate on the above resMcKean, Morris, Robinson, Shepley, Tipton, White, Wil-olution were not taken, or were mislaid, it is deemed kins, Wright.--18.

proper to insert, in the best order we can find them, such NAYS.--Messrs. Bell, Bibb, Calhoun, Chambers, Clay, of the remarks as we can find reported, to illustrate the Clayton, Ewing, Hendricks, Kent, Leigh, Mangum, synopsis given above.-Editors.] Moore, Naudain, Poindexter, Porter, Preston, Robbins, The question on the adoption of Mr. Prestor's resoSilsbee, Smith, Southard, Sprague, Swift, Tomlinson, lution being under consideration: Waggaman, Webster.-25.

Mr. PRESTON said, it was of importance to ascertain

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