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SENATE.]

Baltimore Proceedings.

(Mar 1, 1834.

if indeed he was guilty of any. And now, he was not " Mr. Grundi then said, that he certainly should ner. willing to call the nullifiers traitors, because they loved er have brought forward this proposition, without hav. their country. But with respect to this whig bank of ing reflected much on it. He knew that it had been agi. 1816-it was the first time in all bis life that he had heard tated in this House, and in the nation, heretofore, and a bank called a “whig.” Now, what were the principles had been much opposed by many of those politicians with of the whigs of the time of Charles II, when it was whom he usually acted in this House; but he did not besaid the party originated? Why, they were against royal lieve that each Congress was so bound by the decisions prerogative, and against corporate rights of every kind. of that which preceded it, that it was a good argument And if we were in favor of prerogative, we were not in against a measure for members of a former Congress to favor of great moneyed monopolies. If we have preroga- come in and say, “ we have decided it heretofore." As a tive on one side, they have monopolies on the other. representative, Mr. G. said, he claimed the right to give

Mr. CLAY, One correction. I thought I was not mis- at least one vote on this subject, as well as the gentlc. taken as to the gentleman having given some indication man from Virginia. The spirit of our constitution haul of his opinion. In April, 1814, as I see by the Journal, wisely ordained the frequency of elections for the very Mr. Grundy, of Tennessee, offered a resolution. Was purpose of undoing what had been wrongly done by their there any other gentleman by the name in Congress at predecessors, and of doing that which had been len that time?

undone. If the gentleman from Virginia would reflect Mr. GRUNDY. I am the man.

on this subject as much as others, who had been instruMr. CLAY. The resolution was as follows:

mental in bringing forward the proposition, he was sure Resolved, That a committee be appointed to inquire into he would not be so confident that he acted correctly in the expediency of establishing a national bank; and tbat refusing a deliberate consideration of it. I (said Mr. they have leave to report by bill or otherwise."

G.) have no secret on this subject: I wish to sec a bank A word as to the whig bank. The Bank of England established as a national object, let who will be in power: was established during the whig reign of William, to check as a general measure I wish to see it allopted. Look at the rapid encroachments of the aristocracy; and its charter the situation of our country—and I say the gentleman had been continued under the whig administration of should forget his home, and not leave his country in peril. William IV.

You have authorized a loan for twenty-five millions, and Mr. GRUNDY. You know what I told you. I am have provided for the expenditure of so much money not precisely accurate in my recollection of old things. I Where is the money? Some well-informed men say theie forget the reign in which the Bank of England was estah, will be no difficuliy in obtaining it; others, as well in lished. But I have not forgotten that in 1813 we had formed, say, that the attempt to obtain it may not be troubles on every hand-our armies were in the field, successful." I hope that gentlemen of the former descripand we were destitute of means. The older States could tion are correct. I know not what the prospect is; but not raise men, and statesmen much older and more able one thing I do know--I would run no hazard on this point; than myself offered nothing in the way of relief. I was and for one, though I have as much anxiety to be at young, and sanguine in the belief that a bank might be home as any one, I am willing to sit a few days longer, to established which would relieve the country. Iintrodu- see how it will be. The gentleman from Virginia ng ced the resolution for an inquiry, and it was gone into. doubt felt the same anxiety for the public service; and The gentleman from South Carolina was one of the com- Mr. G. said, if his constitutional scruples were so great mittee of which I was the chairman. We found then that he could not vote for this measure, in case the money the very same difficulties that now exist. Some were of should not be convenien:ly obtained, it might be necesopinion that the constitution had given us no power to sary to resort to some other. For general consideration, create a bank. The gentleman from South Carolina, 1 Mr. G. said, he had always been in favor of a measure of believe, thought that we could do it. I have no particu- this sort; and he entertained no constitutional scruples lar recollection about that. I thought we might locate a about it. In point of time, he thought the present situabank in the District of Columbia. Consulting with tion of the country afforded a cogent arguinent in favor moneyed men, they held we could create one. On ac. of the measure." count of the diversity of opinion which prevailed, that Mr. GRUNDY. It is all true, just as it is reported. book will show that, on my motion, the committee was And does it prove that I was in favor of any bank, ex. discharged, and no bill was presented. I could say, though cept a bank in the District of Columbia. But I will lay I do not choose to be catechised, what were my opinions all this aside, and claim the benefit of the general act of about a bank. When called on at a proper time, you oblivion. I had the same reason for change as the gentle. shall know them. If my opinions have been at one time man from Kentucky. The gentleman had formerly said, for, and at another time against the hank, I have a noble that in New York, three years was a sufficient period for precedent before me in the gentleman from Kentucky: the limitation of opinions. If I had been pressed as hard and if he was at one time for, and at another time against as the gentleman from Kentucky, I could take the benefit it, why not l? It is no farther from you to me, than it is of this act. from me to you. But my opinions were not then matured. Mr. BROWN said, that a few days since,in some remarks The gentleman will see by the book in his hand, that I was which he had made, he had taken occasion to say, that lie pressed to give my opinions as to what kind of bank I believed the Bank of England was established during a wished. I replied, Let us see all that can be done, and story administration. He was now convinced that that was take all the opinions we can get, and then decide. There a tory measure, for history informed us that King Wil

; are no opinions of mine on record; I gave none, except liam, previous to the establishment of the bank, had to the committee, and in favor of the localion in the Dis- thrown bimself into the arms of the tories, and a tory trict of Columbia; and as to that I have not a precise re- Parliament had been elected. He (Mr. B.) had inferred, collection. I expect to have this bank question up at and did still infer, that it was a tory concern. home. I shall keep myself uncommitted for that time, as these remarks, it was not with a view of passing any imfar as I can. I hope gentlemen will now let me alone, putation on any party. He believed that the gentleman and not force me to get up again.

from Tennessee was a good bona fide whig. There Mr. CLAY said, that the gentleman needed not to get were good whigs on both sides-bank and anti-bank up again, unless

or the purpose of answering himself. whigs. He had no objection to the gentleman from He would now read the following extracts from a speech Maryland assuming the name of "whig, for it was like delivered by the gentleman on the subject of this bank: charity-it covered a multitude of political sins.

In making

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Mr. McKEAN thought these untimely desultory discus

VERMONT MEMORIALS. sions had at least produced one beneficial result. It had, Mr. PRENTISS presented a memorial from a large on this occasion, taught us, when we were laying snares number of the inhabitants of the county of Windsor, in for our neighbors, how liable we were to get caught our: Vermont. selves. The two honorable Senators from Kentucky and Mr. PRENTiss said he had occasion, a few weeks since, Tennessee (Messrs. Clay and Grundr) had succeeded to present to the Senate the resolutions of a convention admirably in fixing on each other the charge of incon- of delegates from the several towns in the county of sistency, if an honest change of opinion could thus be Windsor, in Vermont, disapproving of the removal of the characterized. This had grown out of the introduction public deposites from the Bank of the United States, and of the name of Governor Wolf into the debates upon the complaining of the injurious effects of that measure upon presentation of memorials. The honorable Senator from the currency of the country, and upon the employments Kentucky seemed to think, if a certain degree of incon and industry of the community. Ile had now a memosistency could be fixed on him, he might then consent to rial on the same interesting subject, signed by fifteen be associated with Governor Wolf. After what has been hundred and fifty-one intelligent and respectable citizens exhibited, whether the gentleman would think that of the same county, consisting of farmers, mechanics, further proof of his qualifications were necessary, he manufacturers, merchants, and professional men. As the would leave for him to decide, and much as the Governor memorial gave a very full and just representation of the and his friends might desire the association, it would not depressed state of business, and the embarrassed condibecome them to solicit the connexion. But it seemed now tion of the people in Vermont, and exposed, in very detlaat the degree of consistency was to be estimated by the cided and apt ierms, the impolicy, injustice, and illegallengtli of time it took to change an opinion. The gen- ity of the late proceeding of the Executive in relation to tlemen had both changed on the subject of the bank, the revenue and currency of the country, as well as the but they had taken more time to do so than Governor disastrous consequences which had followed that extraWolf had, as had been alleged. But he denied that there ordinary and unwarrantable proceeding, it would be al. was any positive proof that Governor Wolf had changed. together superfluous, said Mr. P., for him to detain the He, however, did not pretend to doubt that Governor Senate with further remarks; and he would, therefore, Wolf's opinions of the present bank had undergone some content himself with merely asking that the memorial be change. But he (Mr. McK.) had stated on a former read, referred to the Committee on Finance, and printed occasion, as a matter of his own knowledge, and would with the names and occupations of the signers. How repeat, that Governor Wolf's opinions as to the util It was read, referred, and ordered to be printed. ily and necessity of a national bank had not changed. Mr. SWIFT presented resolutions from Addison county, His principal object however in rising, Mr. McK, said, Vermont, against the removal of the deposites. was to take notice of an assertion made the other day by

On presenting these resolutions, Mr. Swift said: I am the Senator from Kentucky, and which he bad in sub- charged with sundry resolutions, accompanied by a mestance repeated to-day, viz. that he [Mr. Clar) could morial, from citizens of Addison county, Vermont, on the prove in a court of justice, that Governor Wolf, three subject of the removal of the public deposites from the days prior to the 26th of February last, proinised to send Bank of the United States, the consequent derangement a message to the Legislature of a directly opposite char- of the currency of the country, and the distress and emacter to that which he communicated on that day. He barrassment produced among ihat portion of the commudid not doubt that the Senator bad been so informed; nity, and an requested to present the same to the Senate. therefore, what he intended to say could not be consid- I am informed by the gentleman who committed to my ered as alluding personally to the honorable gentleman, charge the resolutions and memorial, that there is appendand as it was not probable the gentleman would have an ed to the memorial the names of 1,926 freemen, amountopportunity of adducing his proof in a court of justice, le ing, as I belicve, lo a majority of all the votes given at would put the question directly at issue, and would now any one election in that county. The county of Addison assert, that lie questioned the veracity of any man who is, for the extent of its territory, one of the most popuwould make such a declaration; and from this point he lous and wealthy counties of the State.

It contains a would not be driven by any thing but the testimony itself. rich and fertile : vil, and abundantly pays the farmer for

Mr. CLAY said, that he had not brought in Governor bis labor in the ordinary products of that climate. Owing. Wolf into this day's discussion. He had not stated of his to the encouragement given to the various branches of own knowledge the circumstances to which the gentle industry by the Congress of the United States, and particman referred, but he had received them from an unques, ularly to the growing of wool, much attention bas been tionable authority, in which lie placed entire reliance, and paid to the produce of that article, and it has become the one which lie thought, if the gentleman knew it, he staple of that county, and a source of wealth to vie would himself be indisposed to doubt.

farmers. This county possesses manufacturing allvantages Mr. McKEAN repeated that hic did not understand over almost every other section of country. One of the the gentleman from Kentucky as speaking from his own largest rivers of the State runs through the centre of llie knowledge, and that he must still question the vera county, and its numerous falls afford privileges for manuany one who made tlic statement, and challenge the proof. facturing establishments, to every extent desired; and The proceedings were then read.

manufacturing business of various kinds, and to a great Mr. FORSYTĖ expressed a wish for time to look over extent, bas been carried on, by which numerous poor the papers before they were printed, and hoped they people have heretofore found profitable and constant emmight be laid on the table for that purpose.

ployment. This county also enjoys great advantages from Mr. POINDEXTER said, he intended to submit a mo- the facilities afforded it in the transportation of its prodtion to lay the proceedings on the table, not on account ucts to market. It borders on Lake Champlain, which of any want of respect to the source from which they is connected with the navigable waters of the Hudson came, or of any disapproval of their tenor and purport, river by a canal. The character of its inhabitants for but because it would have a singular appearance to spread industry, morality, and intelligence, would not suffer by a these proceedings, containing references to the protest, comparison with the population of any other section of on the Journal, while a question was pending whether country. These are the people, lately enjoying the ad. the protest should be put on the Journal or not. He vantages which I have stated, who now approach Congress moved to lay the proceedings on the table, and the mo- with their complaint. They complain that a state of un. tion was agreed to.

precedented plenty and prosperity has been followed by

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SENATE)

Vermont Memorials. - Memorial from Boston.

(Mar 1, 1834.

a sudden and general stagnation of business in all its of the State. That they have an interest, in common branches. The trade of the merchant is diminished and with the other citizens, in the bank, as a fiscal agent of diminishing; the business of the manufacturer and me- the Government, and as the means by which a sound and chanic is curtailed; laborers are thrown out of employ uniform currency is secured, they admit; and so far from ment; and enterprise, in every department of industry, is entertaining feelings of friendship for the bank or its crippled. They regard the removal of the public de- stockholders, I am confident that, until the recent measposites from the Bank of the United States, and the hos- ures of the Executive, by which the operations and im. tile attitude assumed by the Executive branch of the Gov. portance of the institution have become more fully ernment against the bank, in that measure, as the primary known, a majority of the people entertained strong prej. cause of this state of distress and embarrassment. They udices against it. Many who were interested in the deem the said removal of the deposites an unnecessary, banks of that State believed that the United States Bank unwarrantable, and dangerous exercise of power over the exercised an unjust control over the issues of the State public treasure on the part of the Executive, and resort- banks, and thus deprived them of a portion of the profed to for a purpose not within his legitimate duties, by its to which they were entitled; and thus many complainwhich the currency of the country has become deranged, ed of what they now deem essential to a sound and uniand credit and confidence in moneyed institutions and form currency. And thus these measures, by proving to capitalists in a measure destroyed. They profess to be the people the importance of the institution, bave prolieve that, if this experiment on the currency of the duced great unanimity in favor of a national bank. I can country is persisted in, that their embarrassments will be also assure you, sir, that these memorialists have not been increased, and that their principal staple, wool, and all influenced, in sending to you their memorial, by a spirit other products, must fail of a market, or be sold at ruin- of hostility to the present Chief Magistrate. They feel ous sacrifices. They declare that, in their opinion, a no personal hostility to him. They well know that the sound currency is of indispensable necessity to the enter-political relation which exists betwcen bim as Chief prise and prosperity of the country, and in preserving a Magistrate and themselves as citizens of this great repubuniform value to labor and property; that it is the pelic, will soon cease for ever by the expiration of his presculiar province and bounden duty of Congress to provide ent term of service, and they neither espect or desire lo and maintain such currency; and that any interference diminislı or extend that term. It is true that they are, with the same, on the part of the Executive, is an un- and ever have been, opposed to the leading measures of warranted and dangerous exercise of power. They deem his administration, believing them to be ruinous to the a national bank necessary as the fiscal agent of the Gov. best interests of the country, yet they would sincerely ernment, a safe depository of the public funds, and of rejoice to see him abandon those measures, and then fill the highest utility in preserving a sound and uniform cur- up the remainder of his term of service with usefulness rency, by restraining the issues of the State banks within to his country and honor to bimself. They, however, proper bounds, and in furnishing a safe and valuable me- possess too much intelligence and firmness of purpose, dium of domestic and foreign exchange. They do not to yield support to measures which they deem arbitrary advocate a paper currency without an adequate specie and unjust. No, sir, they never will yield nor consent basis, but consider a return to a currency exclusively that a single vestige of their rights shall be wrested from metallic as being not only impracticable and undesirable, them by arbitrary power; they know their rights, and but as a measure fraught with incalculable mischief, if not will maintain them. Sir', they have no expectation of certain ruin, to all the leading interests of the nation, seeking redress, but in a peaceable, constitutional way. And they call upon Congress for such speedy measures of In tbis way they will seek until redress becomes boperelief as will restore the confidence and quict the appre- less; but they do not despair or even doubt that redress, hensions of the people, in relation to the derangement of sooner or later, will be granted them. They know the the currency and the consequent public distress.

jealousy of power entertained by the people; they judge Mr. President, it is my good fortune to be acquainted from the history of the past, as well as from the present with some of the gentlemen who were present at the signs of the times; and they do not fear the result of the meeting which adopted the resolutions, and whose names issue now pending between the President and the people. are appended to the memorial. I know them well. They should the course adopted prove unsuccessful, and reare men of the first respectability and intelligence. The dress in this way hopeless, I will not predict as to the gentleman who presided at that meeting (my honored future course they may think proper to adopt; they have predecessor) is well known to most of the members of not authorized me to do so; or to use for them (as I have the Senate, and will, of course, need no commendation been accused of doing on a former occasion, the language from me. 'Sir, ! consider these gentlemen fully compe- of threats and menace. Sir, I ask that the resolutions tent to juuge of the past and present pecuniary condition and memorial be read, printed with the names, and comof the people of that county; and of the change from a mitted to the Committee on Finance. state of prosperity to a slale of cmbarrassment and dis

MEMORIAL FROM BOSTON. tress, which they say has taken place among them: and they are fully competent to judge of the cause which has Mr. WEBSTER presented the memorial of a large produced that change; and it is their firm, candid, and number of citizens of Boston, whom he spoke of us in. deliberate judgment, that this change has been produced telligent and respectable merchants; setting forth that in. by the unnecessary, unwarrantable, and unjustifiable conveniences arise from the present state of the laws mcasures of the Executive branch of the Government. regulating the legal tender of the country; Uhat the gold I am aware, sir, that much excitement prevails through- coin bears a less value, in relation to silver, than its just out the country on the subject, and it has heretofore been and true value; and they pray Congress that the le. charged to memorialists who have complained of Execu- gal value of gold may be made to correspond with its tive encroachments and abuse of power, that they have real value, and that the coins of other countries, at propbeen influenced by interest in, or friendship for, the Bank er rates, may be made a legal tender. The subject, of the United States, or by a spirit of hostility to the said Mr. W., is important; and I entirely concur in the Chief Magistrate of the United States. Sir, these me opinions here expressed. Indeed, sir, I have had a measmorialists have no interest in the bank but what is com- ure, in relation to the subject, prepared for some weeks, mon to all other citizens. I believe there is not a share but have delayed bringing it forward, in consequence of of that bank owned by a citizen of that county; and I be the pendency of a similar measure in the other House. lieve also that very little, if any, is owned by any resident I have the pleasure to notice, that that measure is inakivg

ton.

Marl, 1834.)
Memorial from Ross County, Ohio.

(SENATE. progress, and may be expected soon to receive a decis Mr. President, I some time since, on the presentation

The memorialists will see that their wishes, in this of a memorial from Hamilton county, suggested the beparticular, have been in some measure anticipated; and lief, derived from the highly respectable gentleman from that there is reason to hope that such a law as they desire whom I received it, that two-thirds of the qualified voters will shortly pass.

of the county had signed, or were ready to sign, that The memorial was referred.

paper, if it had been presented to them. My colleague MEMORIAL FROM ROSS COUNTY, OHIO.

declared his belief, founded on a long acquaintance and

intimate knowledge of the city and county, that the meMr. EWING said: I have before me, and am instruct. morial did not in fact contain a number of signatures ed to present to the Senate, a memorial signed by 1,750 equal to half the voters in the city. Returns of the last of the inhabitants and qualified voters of the county of October election, since received, enable me to say that Ross in the State of Ohio. That county includes a fair the memorial is signed by a number equal to more than portion of the beautiful and fertile valley of the Scioto-half the votes given in the city and county at the last Occovering a part, also, of the picturesque region which tober election, and my general information as to the opinlies between the broad and level plains towards the north ion of the people of that county is confirmed by all that and west

, and the hilly and mineral country to the south- I have since heard on that subject. east. Its citizens, and I know them well, for many of On the authority of those 4,310 witnesses, I spoke of them are my old and respected friends, are intelligent, general pecuniary pressure and mercantile embarrassindustrious, and enterprising; and, as it is one of the old ment in that county, and especially in the city. My colest counties in the State, they have many of them accu- league, on the authority of very recent information, demulated that degree of competence, and even wealth, nied that such embarrassment existed, and stated that the which is the sure reward of well-directed industry, in a prices of all agricultural products were better than they country so highly favored by nature as that is. The num had been for former years. I hold in my hand a price ber of votes given in that county, at the last October elec- current for the 11th of April, the day on which the distion, is stated at 2,464; and the gentleman who has for-cuission took place in the Senate, for four successive years, Wanded me this memorial, states, that, in addition to the which will show that my colleague was wrongly informed signatures which I now present, a sufficient number are in on that subject, and that my own information was correct. the bands of gentlemen, and not yet returned, to swell "The comparative prices are as follows: the aggregate to 2,000. I think I may, therefore, fairly 1830– Flour, superfine

$3 00 assume that this memorial expresses the opinions and the

Pork, clear

10 50 feelings of a majority of the people of that county.

do mess

9 00 Ross county, perhaps, would feel as little the direct effect

do prime

7 00 of the overthrow of the Bank of the United States as any

Hams

61 part of the Western country. As far as I know, the peo

Whiskey, gallon

181 ple of that county are not, to any considerable extent, its 1831-Flour, superfine

4 00 debtors; and they have in their principal town, Chilli

Pork, clear

12 00 colhe, one of the oldest and strongest of our banks. But

do

10 50 that bank cannot, consistently with its own safety—which

do prime

8 00 I feel assured its directors will never hazard-supply the

Hams

7 wants of the commercial and agricultural community: 1832—Flour, superfine

4 00 Mr. President, I will say nothing of the former politi

Pork, clear

11 00 cal opinions of the people of Ross, who have signed this

do mess

9 50 memorial, or of those who have not signed it. It is im.

do prime

7 50 Fraterial what may have been their personal preferences;

Hams

7 they are all American citizens; all friends of free Gov

Whiskey, gallon

23 ernment and national prosperity; all opposed to ruinous 1833-Flour, superfine

4 62 e speriments on the happiness of a great and free people;

Pork, clear

11 25 all , I trust, opposed to a concentration of the powers of

do

10 00 Government in the hands of one man.

do prime

8 00 The memorialists, in common with the rest of their

Hams

64 fellow-citizens, complain of the deranged state of the

Whiskey

26 eurrency-the destruction of commercial credit and con 1834—Flour, superfine

2 75 fidence-the fall of price in all the great staples of the

Pork, clear, no price Country, and especially in the price of fat cattle, their

do

10 00 principal staple. They trace the causes of all these

do prime

8 00 evils to that fatal experiment, to which all candid and

Hams

7 intelligent men will finally attribute them, notwithstand

Whiskey

18 ing the bold and repeated asseverations of those who be And, by a letter which I have just received, I am adgan by denying the existence of public distress, and now vised that the morning after the paper containing those altempt to cast the censure upon the victim, instead of prices current went to the press, an arrival from New Orthe perpetrator of the lawless aggression which caused it. leans brought intelligence that four had fallen there to The memorialists further say, that, if the Bank of the $2 87}; that bacon was down to about 3 cents, and whisUnited States had been permitted to live out its day, and key to 18 cents; and a letter from the son of a member expire in due course of time, that its termination would of the other House, who is an extensive farmer, states have caused less embarrassment in the country; that the that flour bas fallen to $e in Dayton, and that the millers people would bave been prepared to meet it, and could have ceased to do merchant work, in consequence of the have done so, without great or serious suffering; but that fall of prices. I am further advised that I was not inacthey were unprepared for the sudden shock which is thus curale in my incidental remarks, as to the notes of the brought on their business by this wanton attack upon the bank of Maryland, in circulation in Ohio. A letter from bank, which has so deranged the business of the coun- a gentleman in Manchester, in that State, informs me that try, that it most imperiously requires a remedy; and that a large amount of those notes were in circulation in that none is, in their judgment, so safe and adequate as the neighborhood; and that the heirs of one of his friends had re-charter of the Bank of the United States,

sold their patrimony, and received payment in that paper,

mess

mess

mess

SENATE.]

Memorial from Ross County, Ohio.--Proceeds of Public Lands.

(Mar 2, 1834.

ucts.

and that they were reduced from competence to poverty; tunity would be given to the Senator from Georgia to reunless those notes, which are worth nothing now in Ohio, ply to the reasoning of the report, whenever the bill will bring something in market, at home.

should come up for consideration. The report concluded My colleague also erred in the supposition that the with no resolution, but simply recommended the passage stock in the banks, lately chartered, in Cincinnati, was of the bill. It was a new bill, and the gentleman from subscribed for freely. I am informed that none of that Georgia would have an opportunity to express his sentistock is yet in market.

ments concerning it. The bill proposed to divide four I also, said Mr. E., take this occasion to present the and a half millions, which was the amount of the sales of memorial of 112 citizens of Vermilion township, in Rich- public lands last year, among the States. It was not prolsland county, in the State of Ohio. These memorialists able, however, that, owing to the measures of the Execu: reside in the northern part of that State. They are, by live, the revenue from that source, during the present occupation, like the rest of their fellow-citizens, farmers. year, would be more than one-half of the last year. It It is an agricultural community, and the effect of this ex. was proposed to divide this four and a half millions. All periment operates chiefly upon their agricultural prod-parts of the bill were open to amendment, or to such al

They say, what all others say as to the present terations as the Senate might desire. The Senator would state of things; and in addition, they say that they remem. have sufficient opportunity to look over the bill, and he ber the unfortunate state of our currency when the old might then criticise its provisions as freely as he chose. Bank of the United States went down, and they dread Mr. MOORE said that he would not oppose the motion the same misfortune if the present state of things con- to print as there was an extra number of the message tinues, and if the Bank of the United States be not re-printed, and that was done on his motion. He therefore chartered; and they pray for its re-charter as the only considered that it would be improper in him to make obsufficient remedy for the present deranged state of our jections to the extra number of the report. As a mem. currency.

ber of the Committee on Public Lands, he was opposed Mr. WEBSTER said, that be esteemed it an honor to to the report. He would not now go over the ground of have been requested, on behalf of the memorialists from this objection. Neither the bill nor the report embraced Ross county, to enforce, if he could, the sentiments of the views of the people of Alabama, nor, he believed, of their meinorial on the convictions of the Senate.

any of the new siates. He would move to lay the report The opinions expressed in the memorial are such opin- on the table until tomorrow, that every Senator might ions, said Mr. W., as I agree to, without exception. They have an opportunity of examination. are true opinions, I think, respecting the present condi The motion was withdrawn. tion of the country, the causes of that condition, and the Mr. PRESTON said, that, considering that by his vote only practicable remedy for the evils under which the on printing the report, he should give no indication of the country is at present suffering. It would give me great vote he should give on the bill, he would vote in favor of pleasure to persuade Congress to adopt these sentiments, the motion. for the sake of the whole country. I have the pleasure The motion to lay on the table was then renewed, and to know several of the signers of this paper, and I must decided in the negative. speak of them, Mr. President, as persons who have an Mr. FORSYTH referred to the commencement of the important stake in the great interests of the country, and report, on the subject of the non-return of the land bill who are very competent judges of what measures those at the last session, and urged that it was impossible, be. interests require Congress to adopt. These citizens of cause the bill itself could not have been placed in the Ross county, sir, may be assured, that, for one, I concur hands of the President for his examination until 4 o'clock with them in sentiment; that I heartily approve their pro- of the last day of the session. The President could ceedings, and shall act, steadily and cordially, in support scarcely have had time to read the bill. It was known of measures such as shall promise, in my judgment, to to every one that the President reads by proxy. The restore to them that prosperity of which I have so recent- different members of the cabinet read the bill, and when ly seen them in full enjoyment, and to which their own they came to any part which they think admits of doubt, enterprise and industry, as well as the natural advantages they call his attention to it. It was said in the report, of their situation, give them so just a right.

thai Mr. Madison sent back his message on the bank bill, The memorials were then read, referred to the Com- usually called the bonus bill, on the same evening. But mittee on Finance, and ordered to be printed.

what was that message? It was so short as only to cover At quarter past 4, on motion of Mr. WEBSTER, the half a sheet of paper. And it was said that he sent it in Senate proceeded to the consideration of Executive bu- because his successor was coming in after 12 o'clock that siness; and, after remaining some time with closed doors, night. Now, he, Mr. F., did not understand that the The Senate adjourned.

successor cannot act on the bill sent to his predecessor.

'This seemed to him to be an erroneous idea. Suppose FRIDAY, May 2.

there were to be an interregnum here, would there be

any interruption of the Executive power? The constituPROCEEDS OF PUBLIC LANDS.

tion supposes a continuance of power. If the President Mr. CLAY having made a report from the Committee should receive a bill, and not have time to examine it, it on Public Lands, on the bill to appropriate, for a term of became the province of his successor to open it and act years, the proceeds of the public lands, and on the rea- upon it. There can be no hesitation on this subject, alsons assigned by the President for the return of that bill; though Mr. Madison doubted that his successor had the and having moved for the printing of 5,000 extra copies, power.

Mr. FORSYTH opposed the motion, on the ground If the report throughout justified the impression made that it involved an unnecessary expenditure of public at the commencement, it was calculated to produce the money, and that he could not consent to print what he impression that the President was unjust to Congress, and had not heard.

the publication of it would be to sanction the dogma of Mr. CLAY said, that, if the ordinary number only had the committee. He might vote for the printing, if he been printed of the message of the President, on the sub- were allowed time to examine the report. ject of that bill, he should not have asked for the print. He asked the ayes and noes on the question of printing ing of an extraordinary number of this report. This report the extra number, and they were ordered. answered the arguments of the message, treating them, Mr. POINDEXTER said the President must have at the same time, with all proper respect; and an oppor-known the provisions of this bill several months, perhaps

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