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connection between Bank and State?and to
enable thb government to keep in its own hands it* own means of existence, will cer tainly be a relief to one of the parties, if not both. These bills have been reported by the Finance Committee, and will enable the coun try to judge how far thsy are obnoxious to the charge of reporting nothing for relief, and nothing of any value. They are six in num ber?of great value and emcacy in my esti mation?and they" comprise all the subjects on which that committee were expected to produce any thing for the action of the Senate. There is another bill which may come from another Committee, the Judiciary, and which I shall rejoice to see couie from it?a bill of moet potential and universal relief to the whole country! to relieve lis from a most cry ing imposition, which now afflicts snd op presses every thing in our America, from the Federal and State Governments, and their elevated functionaries, down to the tub of the washerwoman and the cart of the drayman. It is the bill to apply the penalties of bank ruptcy to their ancient, original, appropriate, and primitive subject, and the one from which the law itself takes its name. Broken bank, bamcus and mptus, is the Roman designation of the law. Broken banks, and not broken merchants, broken tailors, broken lawyers, and b roken farmers, were the ROtnan, the Grecian, the Asiatic, and the Egyptian sub jects of this Isw. The English sad other moderns, have diverted it to humbler game ; and President Van Buren is the first in the list of Executive magistrates to propose to re store it to. its original and moat appropriate subjects. I shall rejoice to sec that bill come in. It will be tidings of fortlu oining relief to an afflicted and prostrate empire., It will fix the day for the general resumption of specie payments, and will furnish a rule, and pro vide an engine, for separating the solvent from the insolvent, " promises to pay." That bill has been denounced in advance upon the floor, and war to the knife has been declared against it. The assault has even as sumed the character of a combined movement against the nervous system of the friends of the measure. It seems as if they would ter rify us. I have not communed with others to learn how they stand the shock of this pre cocious assault; but for one, my nerves remain unaffected, and my feet do not feel as if they had meditated flight, and intended to bear off my body from the perils of the com ing conflict. That bill has been denounced in an unusual, unexpected and precipitate manner. I do not return the denunciation, nor do I now under take its defence, by obliquing into an argu ment foreign to the question before the Se nate i but I am free to declare myself friend ly to the measure, and ready to support it as soon as it is brought forward. 1 am not de terred by the imposing apparition of sovereign States, engaged in (he trade, or associated in the business, of banking. My own State, even Missouri, has embarked in the perils and mysteries of this trade. She has chartered a moneyed corporation, and gone into partner ship with it; and if ever that concern shall dishonor its "promises to pay" I, for one, shall be ready to apply the penalties of bankruptcy to the whole establishment, and shall make no discrimination between the effects of indi vidual stockholders, and the effects of the State embarked in the partnership. I say this, not in defiance, but in candor, in sincerity, and in openness of heart. I am for the uicxisuie, and avow it in my place here ; and if the consequences of this avowal should be what some seem to think, an extinction of political existence, and a perpetual exclusion from the purlieus of this ten miles square, I stand here now ready to do the deed, and to pay the forfeit, to vote for the bill without fal tering, and to march from this Capitol, with out looking back. From (Ae A'ne York Daily New*. UNITED WE STAND, &c. It is truly painful to see the divisions which now exist in the Democratic party in this city. Unless measures are speedily taken to heal them, we shall most assuredly be de feated in the November election. We have at least a majority of some four or five thou sand democratic votes in this city, and yet, rwing to our unhallowed divisions, we shall be beaten by a minority vote. And what ren ders it more aggravating, those who should come forward as counsellors and healers of the divisions, are pursuing a course which is calculated to make the breach wider, and thus render the opposing parties more hostile to each other than formerly. They brand each other with opprobrious epithets, and are doing all in their power to render each other ridicu lous and contemptible, while the aristocracy are using their utmost endeavors to keep up the divisions, knowing that this is the way for them to succeed in their efforts against us. We contend that something should be done to settle these differences immediately, and we sincerely hope that the temperate and dis creet of the several divisions will meet and agree upon some common principles of union, which will be acceptable to the whole de mocracy of this city. I n order to do this, we must " give and take no one should obsti nately persist in his own peculiar views, or insist that he is right, and every body else wrong. Let us not be wedded to any par ticular men or set of measures. The broad ground of democracy is ample enough to en close all the friends of the administration, of evory name. Why then shall we contend for a mere name or a simple form, and exclude every man from our fellowship, who will not pronounce our Shibboleth. There are good men and true who differ from some of the measures recommended by the President, who have no desire either to rule or ruin the de mocratic party. Why should they be de nounced as " bank democrats, traitors and enemies to the party ?" There are others that embrace it in all its parts, and are deter mined to sustain it; why should they be de nounced as " loco focos, levellers, and agra rians ?n There is no reason in this; it is all wrong, very wrong, and should be frowned upon by every genuine democrat. The great battle is to be fought again be tween the aristocracy and the democracy ; all in favor of the principles ami moasures of the former will unite heartily and cordially in their support, and will sacrifice every minor con sideration to accomplish their object; and shall we suffer our strength to be frittered away, and our party scattered to the winds, merely to gratify some personal dislikes, or from a wish to gratify our hostility to certain unimportant measures ? We cannot, we will not believe, that this course will be pursued by the friends of the cause at this important crisis. prim tk$ JfifAin?rf VIEWS AT W^fHINOTON. We understand, thatfome pf the#ro?f*st friends of the administration, in tho House of Representatives, are decided against any such important innovation as th?^ Sub-trea sury apecie system, at this time. Fhey con sider now as the very worat time for digest ing or introducing it. One of the members expresses his preference for the long estab lished system, under which the Stale Banks have been employed aa Vhe depositories of the Government, over the new, untried, and, un der present circumstances, mischievous pro ject of a Sub-treasury scheme. He states, that this connection was made by the fathers of the Political Church; that it has so long produced security, economy, and simplicity and how can tho Republicans prudently dis solve it, at a moment of panic, commercial dismay, and national embarrassment ? An other says, that he is not prepared to con demn the Sub-treasury system in the abstract, though he does not see why, if the revenues be ever collected in gold and silver, a special deposite in tho banks could not answer the same purpose, for a very small commission, much more completely than an independent Government Institution?that what he would dread the most would be, that this plan would grow into a great political, National Bank, worse tb?" the late commercial institution? that this, however, is not the time to discuss its merits?that we must go on to help the banks out of the slough into which they have fallen?for, to kelp them is to help the people ? A third says, that whether it would or would not be wise, at a different time, when the bu siness of the country is again restored to its accustomed channels, and the currency sound and healthful, for the Government to devise a | machinery by which it should be the keeper anddisburser of its own cash, is a proposition then to be entertained, if you will. But in the present exigency, it does not appear wise to press the question upon Congress and the country, to he decided on and adopted in the hurry of a special session, and in the midst of divided councils. That it is beat to leave the main subject of the currency, and the custody and disbursement of the revenue to be adjust ed hereafter and upon great deliberation, pro Vidinff, in the mean time, by temporary l^gis lation, for the safety of the public money; and that from present indications, he is dis posed to think this course will be giyen to the subject by Congress. * We are happy to discover, however, that whatever divisions may be among the friends of the administration as to the best alternative to be pursued, they are determined to " bear and forbear"?to carry out the discussion in a courteous and conciliatory spirit?and what ever measure be finally adopted, act on the President's maxim, submit with the best grace, " give to it a fair trial, and the best prospect of success." We must practice mo deration, and keep our ranks united against the common enemy ; the Whigs and the Na tional Bank. No man is better calculated to exhibit an example of good temper and liberal feeling, which it becomes us all to imitate, than Mr. Van Buren himself. For one, we hail with sincere satisfaction,,, the sentiments which an enlightened correspondent of the N. Y- Evening Post ascribes to him?that although we have differed from him, his con fidence and respect remain th? same?that " error of opinion may be tolerate!, where reason is leu free to combat it"?and that it has been often his lot to differ with his best friends. We cordially reciprocate the noble sentiment. From the Uliea(N. Y.) Obtervtr. We are glad to see that the Albany Argus is frank and explicit in disavowing all con nection and fraternity with the loco-foco inte rest, and denounces that band of destructives in round and just terms. The editor says: " We ire not conscious of having entertained or ut tered the views or opiniona of that faction in a single in stance, or in any manner." Upon the President's Message the Argus makes these remarks : "The Message of Mr. Van Buren ia assailed by a concerted movement of the whig* as locd-foco." ?? II is obviously a part of the game of tie opposition to inaist that the message is loco-foco. They hojie to alarm the public mind, and to seize upon fny prevalent apprehenaion for their political advantage. It is natu ral, aa a party expedient, and especially with a party of expedients, Ihit (tey should insist that ihe President, tlio Message, and the friends of the Executive, were loco foco ; and that it was their design to prostrate the banks, and to erect m their atead the impracticable scheme of an exclusive metallic currency." Again? " In relation to the great questions which msy be sup posed to claim the attention of Congress, the message stsnds upon the old democratic ground?assuming and maintaining principles co-eval with the foundation of the Government and by a right construction of its pow ers and duties, but by no means sssailing the Mate insti tutions, nor subscribing to tho ultra and dangerous senti ments that would strike theiu out of existence." These are sound principles, put forth in decided and unqualified terms : the democra tic party can stand upon them. We are most happy to seem them thus put forth by the able editor if the State paper. No one we trust, desires to see banks, their ^ creation or their support, made a test of demo cratic principles ;?and on the other hand, we trust no sincere Democrat wishes to see their obstruction made such a test. We also hope and trust that no Domocrat is yet mad enough to believe, or base enough to pre tend without such belief, that the interest of the country, or any part of it?the interest of the entire population or any part of it?of any or every class or description of persons? would be promoted by the destruction oi ex isting institutions and the annihilation of all paper currency. The Democratic party is not a bank party, nor is it a party arrayed against and intent on destroying all banks and all bank currency. Such a scheme may prove a man mad, but would very little prove him to be a republican of the Jefferson school or any other school. The condition of the country is deplorable enough, but is it to be improved by an annihi lation of four-fifths of the currency ? How would debts in such case be paid ? What prices could property command in such a state of things ? It may be fashionable to rail against debtors as outlaws who have forfeited all rights ; but can a sober community desire to see a crusade of extermination got up against debtors, and their property sacrificed at nominal prices, to pay their debts ? 1 he loco-fucos strike at all banks?at all currency, except the pure metals ; thus carrying down all debtors in irretrievable ruin. What good object would be effected by such a course ? The poor would bo where they now are ? tl?e middle class, the business interest?always more or less in debt, though generally with ample property to pay at any thing like the usual prices : tbey would be the sufferers? would be absolutely overwhelmed ; and the already overgrown rich?those who have hoarded treasures?they alone would profit &eir of. prices. We ?re ??t>?pared * see that claee?the businesa interest of the country?sacrificed to appease the spirit of loco-focoutm, or to add to the overgrown and useless wealth of the hoarding miserno, we are not prepared, to come to that result, though it may be put forth in the name of " Jefferson and his cotemporariea." We de sire to see the republican press standing out in firm array against auch an assault and auch folly and injustice ; snd it is with great plea sure that we now recognize the Argus as dis tinctly in that position. TWENTY-FIFTH COKORE88, I EXTRA SESSION.. ___ UNITED STATES SENATE. TnssDtT, September II. Mr MKEAN presented memonsls from ^J?"* ?f Philadelphia, remonstrating against the annexation ^ Mr^MORRIS presented similsr petitions from Ohio, noiiw wis. Mr WRIGHT, from the Committee on Fins nee, re ported s bill msking sdditionsl sppro^stionsfor the of Indisn hoetilitiee, wh?b was read, snd ordered to s second reading .... [This bill appropriated l,?00,000 dollsra ] Mr WRIGHT^froin tbs asine Comiaittee. msds sn unfavorable report oo the pstitiona u? fovor of s BsnTof the United Statca. TBBASUSY STSTtM. The Sensto proceeded to consider the bill imposing additions! duties ss depositoriss on certsm public ?^r%MITH of Indisi*, ssoks St some length is opposition to the amendment of the Se",lorJ^,nf Carolina snd slao against the bill. He took s brier view of the meaaurca which hsd been submitted to Con ureas snd the reaaona which hsd induced him to vols fa he'hsd dons. He aisled that this contest wss mere ly between the government snd ibe merchants?it was out oppressing tbe snlire people^ He to .how tbst the argument foond^ on tbe ^? iha ihe government hsa no power to regulate the currency u an after thought; becsuse it hsd been slwsys contended bv Mr VaB Buren snd General Jsckson, snd their friends; up to this moment, that the government pos aeaaea that power, snd exercises it through agents. For ths purpose of csrrying through the Di vorce bill, however, it wss found convemeut tflurepu diste that doctrine Whstever csuaes others might find for this crisis, snd he knew that aomeiimes gentlemen by their meUphysicsl ingenuity, slmost insde their own Jose. disbelieve what wss sppsrent on could find no other cause, in the first plsce, thsn the re S to rechsrter the U. S. Bsnk and the removal of the depoaites to other banks Sueh he believed to be the opinion of the people in his stste^ of the removal of the depoeites, thepet bsnks msde over-issues, which led to the overtrading to which the Executive sttributes the distress. fbe specie circular performed iu part- in the production of the present distress. He did not impugn the motives of tho?e who proposed snd earned through theae meawrea buthe ^ lieved they were miataken in theur policy. He believed the wsr sgainst the Bsnk of the United Sutes, hsd been more injurious to the country th?? theFloruU warHe complimented the United States Bsnk on he manner in which it conducted the fiecsl sflsirs of the govern ment, so beneficisl to the government snd the country. He diaaected the treasury scheme, snd saidit crease the number of government dependence to sn army enough to subaue Oseola. U would tske ninety thoussnd dollara to put the machinery in operation, and the tendency of it would b? to induce the people to cut looae from tho government. The disposition displsyed by the government to cut loose from the peopl*.1 regulation of the exchanges, would, he believed, lead the people to separate themselves from the government, liy the bribery of the gold end silver currency, the go vernment would surround itself with s bend of officers, but it would be separated from the people. Ho con tended that the country was not prepsred to go into a gold snd ailver curren/y, becsuse there ? no 'Pecje enough in the country to nay one helf of is ?bU, snd if the creditor poshes his debtor to the wall, thsproaent distress would l>? redoubled. Hs wss opposes to the amendment of the senstor from South Car0'lM>^ amendment of the senstor from M'?*ouri. he reg.>^d a. monatrous, and it. effect would be to p?JeU of the irovarnmeht officers with gold, snd giving s silver u? ?~?t. either of these projects, ss well ss thst of Mr. Kives, and he believed the result wouldlKsto^ng thecoun try to aay with the Prea.dent of the United Ststes?all theae temporising meesows hsve signsHy fsiUed. Mr STRANGE followed. Hs admitted thst the country wss in a disturbed condition ; snd this condi tion hsd been referred by some to s tsmpenng ""ti the currency, or ss some hss said, s tinkering with the cur rency He did not sdmit that any of the messuree of the Government had produced the evil; but that on the conusrv, their influence hsd been of a sofiemng and me liomtirur character. He did admit, however, that some oflhew measures had, in conjunction with other C*u*e* produced harm in the coontry. The conrsc of pursued by the Bank of England lud Hd commercial trsnssctions in this country. He went iuto s history of this csuse. He assigned his objections to sn U. S. Bank ss s re medy, bccause he believed public opinion to be against rS also because the Executive stand* P>^K<d'? v;,osny bill looking to J^ft^ atitutional and inexpedient He was opposed to ine pro ject of the gentleman from Virginia; snd if it ahould> carried, a shout of i!"Mn,Pj.*ou^ ^ from the marble palace of Philadelphia. 1 he local bank system hsd been tried in the briance and found wanting. Much of the diatreaa is aUributable to the failure of the Deposite Bsnks to meet their solemn en gagements Ho waa astonished thst any assert thst there had been no fsilure of this scheme. It had signally failed. The objections to s Bsnk of the United Ststes, snd to the Sutes Bank S?to?< answerable. The project which requires the present consideration of the Senate, was the onlyoncfreefrom obiection It hsd vet to receive the sanction of the pto sanction Tho Chief Magiatrate had given to it his countenance. It would introduce gold and most indestructible currency. _ The Gwcnmient J have it under control, and can have it when and "here vou please. It ia a more simple than any other scheme, and such as the wayfaring man, though he runs may read. Hs read extracts from s letter by Mr. to sustain his views. In reference to the danger of the new syatcm, from the diahoneaty of officeis, he ssid the C way to mske men honest, was to make it their in terest to be honest. The mode in which accounts sre examined in settlement with the Govern^nt. m.de fraud difficult, snd the long concealment of it iinpos ble. I<et is be once established that banks sre necessa ry snd you will bring the public mind to s conviction IL an U S. Bank fs neceaaary. The apprehenaion that this bill would tend to a grost accumulation "'Ex ecutive patronage, he regarded sa sbaurd. Ho believed thst where the Executive msy thus mske ont frisnd, there would be s probab.hty that he would lose ten. He admitted thst there was alwaya a danger or a strong Executive ; but under the guards and checks imposed by the Constitution, this danger would never become of great magnitude. The money would not be within the reach of the Executive moro than it is now. He went into great length in calculating and descanting the bene fits of the new svstem. The Senate sdjourncd. " HOUSE OF REPRESENTATIVES. Thursday, Sept. 21st. Petitions having been called, Mr. EW1NG presented the memorial of 161 ciuacns of Mount Vernon and it* vicinity, Posey county. ana, praying the estsblishment of s spocie-paymg Wa tionai Bank, and aJted peruiiaa,on to .eco.-jp-nv ? .? presentation with s few remark* ; which the rules ol tlw House prohibited. Mr HOWARD, of Maryland presented the petit wss of the executors of Joseph Mu.si. deceased, and of the lecal representatives of Joseph Borden dsceased, to gether with those of nine hundred snd hfty-*ix petition er., now on file in the House .praying that eompen"? tion may be accorded to .hem for property taken for ths acrvicc of tho United Ststes, in tho ye.r 1800. A lanre number of memorials remonstrating against the annexation of Texas to the Union, wero preaonted as on former dsys. especislly from the Ststes of Ms**a chusctts snd New York. HANKSOrT LA** Mr THOMAS, chaimisn of the Committee on the Judicisry, slated /or the information of the House, that the Committee on the Judiciary had adopted ? tnm, thst it is inexpedient to report s bsnkrupt Isw st the special session of Congress INQITISY in SBtATIOM TO THB fUOSlOA WA?. The House then proceeded to the unfinished business ?t?? Aiming which ww Iki Mnaideration of d? f"llo??ng resolution, aubiuittod by IfrWiec ou iba Mttvbm, That ? aelect comffltfko fc?t appointed by?< ballot to inquire uito I bo causa of ibe Florida war, and into the causes of tbo extraordinary failures, and iho enonnoua expenditures which bava attended the proae cuiioB of U?t war, and into tiio manner of its conduct, and the facta of ita history generally; that the aaid committee baijf power to aeod for (MMraona and pajpora; and that it have power to ait in tb? recess ; and that it tuake report at the next aoaaion of Congrea*. Mr. GLASCOCK roao and slated, that he did not desire to uke op the time of the Houao at tbo preaent aeasion, which waa called for another purpose, in dl? cuaaing Una reaolution, a* tbero would lie a time hereaf ter more appropriate for doing ao. Mr. O. then moved to amend the reaolution by atriking out all after the word " Keaolved," and inverting the following: "That a aelect committee be appomtod to inquire into the cawaac of tbo florid* war, and cauaoa of lha/stnoniinary delay* and fiulurea, and tbo expendi turea which have attended the prosecution of the aamo, and all the facta connected with ita history generally ; and that aaid committee have power to aend for peraona and paper* " Mr HOWARD, of Maryland, moved to amend the uneudmeut, by atnking out " a aelect committee," and inaert ' the Committee oo Military Aflieir* be instructed the effect of which would merely be to transfer the duty of iaveatigatkm from a aelect to a standing committee of tho Houae. Mr H. aaid that hia opinion had been more than once expreaaed; that, as ? general rule, it was proper to tpfer all matter* which might come before them to some atanding committee, whenever the aub ject was within the range of the duty which the roles of the Houao enjoined upon that committee to per form. Mr. MUHf JENBERG aaid, when thit reaolution was under discussion yesterday, some remsrks wera made by the gentleman from Virginia on my lad, (Mr. Wia*,) which lie regretted to hear, becauae be thought they were in bad taste, and reflected but little credit either upon the hp ad or the Heart of that gentleman. The attack made upon an abaeot gentleman, unable to defend himeelf, wes certainly, to tay the leaat of it, neither juat nor generous It reflect* no credit upon any man to inault a fallen foe, or to atrike and dirk hiin when unalde to reeiat. In thia light I Must view the attack made upon the absent gentleman from Rhode Island. If that gentleman had been present, there would be no cause for complaint, for he is smply competent to defend and take care of himaelf. He would have given the gentleman from Virginia a Rowland for his Oliver; measure for measure, in every species of attack. But, air, I have not risnn to reproach the gentleman from Virginia. The goodness of bean with which I know that gentleman to be largely endowed, bas no doubt, before now, ioduced him to regret the hasty and uncalled-for remarks made yesterday. I have risen to correct some misspprehension into which be has fallen. He stated that the clerk of the Committee of luveeliga lion alludod to, had feigned aickneae, in order to gain tune for drawing up a report. Sir, the clerk waa tAen ill shortly after the committee had been organized, and before it had made much progress in its labors; long before a report was thought of, aa no one could then aay what would be the reault of the inveatigationa going on. The testimony of the attending phyaician, and the evi dent marka of disease remaining after that person's re turn to the committee, might have satisfied the gentle man from Virginia that the disiaae waa real, and not feigned. At all events, it could not havo been feigned for the purpose atated, becauae there were at that tune no materials for a report. Wben?the proj>er time for making a report bad ar rived, the majority of the Committee directed Mr. Paxaca, being the firet named of the majority on that Committee, to draw up a report for their conaidentiou; and I believe each member of that majority furnished him with his own peculiar views on the subject I know positively that this waa done by myaelf and otbera. The gentleman from Virginia pressed so much and so inces santly for a report from the majority, that it waa aub mitted to the whole committee before the majority had h*d an^ opportunity of hearing it read, and jwaaing an opinion thereon. When read in Coimhittoa, I am free to confeaa I heard it with no little surprise and regret. I immediately, with a majority of the friend* of the ad ministration on the Committee, proteated against ita adoption, and insiated upon ita being amended. It waa accordingly returned to Mr. Piabcb, to be so changed aa to meet the viewa then expressed. When again pre aented to the Committee, it met with the approbation of the majority, and no complainta were heard from the minority. Doea the gentleman from Virginia recollect that hia own report met with a fate aimdar to that of the majori ty; that all hia colleagues of the minority refuaed to aign Aa to tho bitter experience of g..?t.i... from Virginia coinplaina of having fed on the atocked committeea of investigation, aa ne is pleased to call them, I have but little to say. Thia I will, however, aay: that I never before heard him complain of the con duct of that committee, of which be waa the chairman ; certainly auch complainta were never uttered during ita aittings. When the committee waa about to close ita labora, a vote of thanka to the chairman waa unanimous ly passed ; and the tear which atood in his eye when he made his acknowledgments, and the apparent good feel ings with which the committee finally separated, would seem to tell a different tale. I regret, that before the gentleman from Virginia had yesterday concluded'hia remarks, the order* of the day were called, and lhat I wu thus prevented from making tliia atatement immediately. It would not have been made, if, as a member of the committee apoken of, I had not been called upon for it. Mr. WISE slid ho waa happy, extremely happy, that the gentleman from Pennaylvania had had time to alcep after the remarka he had heard on yeaterday, and pre pare himself with proper words for the occasion. He was glad that tho gentleman waa not called npou on yeaterday, when he waa unprepared to meet the atate ment which he (Mr. W.) bad made. But did the gen tleman contradict the atatement he had made on yeater day, in the important particular in relation to the clerk of that committee writing the report! He inquired of the gentleman from Pennsylvania whether ho put pen on paper in writing that report? The gentleman may have furnished Dutec J. Pearce with notea, but Pcarce turned them over to Hallett, and Hallett wrote the re port. Mr. MUHLENBERG said that thia was a matter between the gentleman from Virviria and Mr. Pearce, He (Mr. M.) preaumed lhat Ma Pearce wrote the re port. Mr. WISE. The gentleman pieaumed that Pearce wrote the report Now, he repeated what he said on yesterday, and called upon the gentleman from Massa chuaetta (Governor Lincoln) to aay whether Dutee J. Pearce had not admitted in preaence of Col. Campbell and himaelf that Hallett had drawn up the report, and that the notea were furniahed him by Abijah Mann and Mr. Pearce himself? \ Mr. LINCOLN atated that Mr. Pcarce had admitted, in a personal conversation, tljal he was not tho author of the report; and more than this, that, upon reflection, he dis approved of ita language. He would stale further, that he believed whatever had occurred of an unpleasant charac ter in lhat committee, was in consequence of the unfriend ly disposition of the clerk of the committee, and the im pertinent, officious, and irritating course puraued by him and by persons out of the committee in connection with him. He was bound, however, in candor, to say, that when a majority of the committee aacerlained the lan guage in which that report was drawn up, it waa as severely reprobated by them as by the member* of minority. Mr. WISE hoped that the statement which he had made was so fully corroborated, as to make it perfectly satiafactory to every gentleman who heard him. He would leave it to the tfouse, to every gentleman in tho House, and to every person in the couutry, whether lie was to be reproved for telling a truth ; for ttaling lhat which must be looked upon by every pcraon aa true, and which was not flonied by the gentleman from Pennsyl vania himself; and he had slated this truth upon the au thority of D. J. Pearce himself. If it waa offensive to the character of Dntee J. Pearce, he himaelf was the author of it. He (Pearce) was the authority he had for ataling that Hallett, the clerk of the committee, wrote the re port of tho majority. He liegged leave to aay to the gentleman from Pennsylvania, that he entertained (he highest respect for his heart. He had the greatest re sect for the gentleman's good heart; but he must say to bun, that if ever he was pot upon another committee of investigation and did not discharge hia duties on that committee somewhat differently, and a little better than he did last winter, and take particular care that the re port he is called upon to sign la hi* own, or that it con tains his sentiments, he could not entertain any very great respect for his Head Mr. \\ ISE went ou to give a minute account of the transactions in the House in relation to the majority re port. The majority, he aaid, determined that they would read it through, and mark the objectionable pas sages, and then take up the question whether it was in order to strike any |>oriion of it out Col. Campbell then took p/<n in hand, while Alnjali Mann read the re jiort, and took note* of the offensive part* until he filled fiearlv half * page when they came to a whole paragraph, which waa of the mow offensive chsracler. Mr. Cainp liell said "draw a line round that, mark it, expunge it," ?nd he immediately roae from hi* seat, and slap|>ed hi* UM 10 Mr Mun : "pir, I warn you thai the wan who d*fV? ,,,r!"?,lhMt ?r?,,,,, lo ^?uu". 6??1 ?? ? ? With falsehoods and 1mm, I will bold responsible u> ma personally ; and if ba don't bold himself responsible, I will chastise him." He then locked the door of the committee room, put the key in bia pocket. aad swore that not an individual ahould leave that room until those infamous falsehoods were e*p?wged. He wowld do lite gentleman Irooi Pen nay I van te the justice to eat, that when the report waa read be rose and aaid to Mr. Pearce that he did not believe tbe report to be the truth, hut that it waa filled with falsehood Tbe minority of the committee then retired?the majority having determined to suike out the offensive parts? leaving them to pureue their labor of espuugu.g Uioae portmpe, and then Haliett had tbe insolence to com plain that tbey bed atruck out the only perts which gave it potni. He modified his resolution by atriking out the worda " erroneous" and " extravagant," because*they aeemed to imply ceneure in advance He objected to the pro poaiumsof the gentleman from" Md., (Mr. Howard) to Mmmtt the mveatigation to the Committee on Military Affaire, becauee that Committee , out of nine member*, bad but one opponent of the adminietmtion. I *PPe*'10 'I* gentleman, aaid Mr. Wiee, not to seek to stifle investigation. I should indeed suppose that the administration nad been Uught, by this time, not to re sist tbe calls of the people fur light. All I ask in jaatice to the administration, to the opposition, to the President, and the army, is lioht. After 'some remarks from Mr. GLASCOCK in sup port of his amendment, Tbe House took up the orders of the day. MSTPOWCHENT Of TH DEPOSITKS. The House again went into Committee of the Wbole on the State of tbe Union, (Mr. HA YNES, of Georgia, in the Cbsir ;) and the House wss addressed at length by Mr. IiX>MlS, of Ohio, in opposition to the bill, and by Mr. JONES, of Virginia, in its favor. After Mr. JONES concluded, the Committee were snceesaively addressed bv Messrs ATHERTON, ?f New Hampshire, FOSTER, of N. York, and BKIGGS, of Msssschusetts. at length ; and then, on motion of Mr. MERClCIl, who intimated hia intention of speak lug upon tbe bill before the committee, the committee rose snd reported progress. The SPEAKER laid before the House a report of the Commanding Gftseral, in anewer to a resolution of the Houae of Representatives of tbe 18th inat., relative to tbe number of Indians employed in tbe military ser vice of the United Statee since the commencement of the present Seminole war, aad copies of sll orders snd instructions under which satj Indians have been em ployed, Ac. I he SPEAKER laid before the House a report in obedience to a resolution of the SOth mat., requiring the amount of duties unpaid which accrued before the end of tbe first half of the present year, a?d when payable ; If the amount then due from the Bank of the United tatea, and when payable ; of the data on which the ac cruing revenues for tbe laat half of tbe past year were founded. The Houae adjourned. SENATE. Fbiday, Sept. 83. Mr. DAVIS presented a great number of petitione from Massachusetts, remonstrating against the annexa tion of Texas to the Union, and two similar memorials from Connecticut, which were laid on tbe table. The Senate proceeded to the consideration of the bill imposing additional duties as depositories of pubbc revenue, on certsin officers. Mr. TALLMADGE rose, and expreeaed his viewa on tbe practical operation of thia bill. He felt himaelf called upon to give to thia bill, the moat reapectful con sideration, both' on personal and political grounds.? There bsd always existed the kindest feelings between tbe Executive and himself.?Natives of tbe same State? of the same town?their aaeociation had been alwaya the most intiinste. Yet he hsd been unable to bring hia mind to the support of the Sub-Treasury ayatein, which he looked upon aa fraught with the greatest evils to the country. This was not a new meaaure ; it bad been brought forward and scouted by the frienda of tbe ad miniairation ; and be knew of nothing which had oc curred to justify s change of aentiment. Tbe system of Sute Banks had been pronounced by the party, from Gen. Jsckaon down to the lowest member, as fully able to regulate tbe exchangeaof tbe country, snd to perform the fiacal duties of the government; and from the Ex ecutive reports it waa obvious that they had fulfilled the expcctationa of tbe Preaident, It waa now aaid that j the ?atem had failed. But why had it failed. It had fcl1? of the occurrence of a state ?f things the moat, extraordinary in ita character, and scarcely likely to occur again. He considera the war fare which had been waged againat the pet banka, as I having ahaken the confidence of the people in thein ; and the apecie Circular proved that the confidence of the government also waa withdrawn from them. He did not look to the rescinding tlys Circular aa a panacea for all the evils we were Buffering ; but he considered it as one of the items necessary to the restoration of public confidence; and if the legialstive will bad prevailed, the present evils might hsve been in a greet meaaure prevented. The mercantile intcreats of New York believed that the Preaident would have rescinded that order. They were so strong in this con fidence, that they were ready to exclaim, " Now ia the winter of our diacontent, Made glorious summer by this son of Yoik." But this confidence was destroyed by the course, which for reasons, doubtless, sstiafsctory to himself, the Presi dent thought it proper for thein to pursue. He adverted to the effort made by the State' of New York to sustain the public confidence in the State Banks: and if the Specie Circular hsd been rescinded, tbe suspension of specie payments would bsve been prevented. But as soon as it was perceived that runs were made on these Banks, the depositora became alarmed, and the Banks, with the approbation of tbe whole people of the city and state of New York, suspended specie psyments. He contended, therefore, thst the experiment hsd not yet failed ; but thst the Banka, which bsd efficiently per formed the duties entrusted to them, Itcfore tbe late changea, were cspable of ao discharging them sgain. He remarked on the different position which the coun try would have occupied, if the Deposite Bill had paased in a form to have placed tbe surplus in the handa of tbe States, taken the Stale certificates and brought them into market in a moment like the present. We might thus hsve commanded aome 27 millions, inatead of hav ing an exhausted Treasury. Gentlemen aay this expo- % riment has failed, and therefore there must lie a divorce of hank and state ; a catch phraae, calculated to be popu lar for a time. But wise statesmen and politicans would look deeper before they entered on a doubtful experi ment, threatening the greatest disasters to the couutry. The divorce would be productive of more evil than sny meaaure which hsa been brought forward for a aeries of years. The people understand, and will understand, when there are two currencies established?the gold for the servants, and the depreciated paper for the people, their masters. You will thus isolate the people from the Government. The effect, by and bye, would be to de prive the people of any adequate currency whatsoever. He stated his objections to tlie amendment of the Sena tor Irom South Carolina, as delusive; and if gen tlemen desired to take the Treasury scheme, let it bo understood thst you require all dues to be paid in gold and silver. There can be no half way, and he wiahed that fact to be known to ihe peo plo.?The banks would graduslly become ao crip pled that there would be no adequate currency. All which has been done by ua has been done by credit. Credit is the poor man's capital, and the auxiliary of the rich. Without it the |>oor man would be kept down to the level of the day laliorer. Why is this to be uproot ed, the price of property reduced, the hopes of the poor man destroyed by tlfis sub-treasury system Ho thought it by no means improbable that some Senator* now on that floor might remain here long enough to hear the projectors of thia sub-iressury system denouncing their own measures, as they were even now denouncing the measures they had formerly introduced and sdvocated. He asked why this wsrfare was carried on against the banks ' Aim! why were the merchants to lie the special otiject df assault1 He proceeded to eulogize the mer cliants of New York, aa ineu who stood by the country in the hour of her severest trial. Ho eipressed his en tire sstomshment that the Senstor from Missouri ahould have thrown out the idea that he would live lo see the day whan in the opinions of the jteople of this country the banking system would l>e held to lie as absurd as the South Sea bubble. He oould not find Isngnags con sistent with the respect he folt for that Senator in which lo express his astonishment that at this Iste day, with all the exporience we have had of the sdvantagea of credit, such doctrines should be promulgated. He would only say, " Tu strange, 'tis pasaing strange " He stated that in 1831, New York paid twelve mil lions of customhouse dunes. Setting this . s the ave rage amount, how is this twelv* millions to be paid m gold and silver, 'lite specie could not be found : and if it could, under the new Sob-Treascty scheme, it is to bo salted do.vn in the Sub-Treasury vault until dis bursed. Specie would thus, to a Isrge amount, be wilMr-rn from return, to th. g^t inj ^ lh Bank. and the people Con.ider.ng ibe i?ure.u of ihe Executive end ibe people lo be identified, *nd the Ei ?wutive the trustee of lb* people, it wa* bu dutv to look to the interest* of all alike Out of the twelve millions collected in Now York, only 1,000,000 w^c expended there ; and in ibe West, where the di.bur.e menu u? smaller, the exports of the specie would be more Iteneral Ho (aire a sketch of tits advantage, which tb? United State* and Great Britain had derived from the (taper system. He went on to describe tha effect* of this Sub-Treasury system on the Slate of N,w York, and said he would prefer *" a tornado .weep through the whole St*te, or an earthquake 4fek<- it to ita centre, than that thi. deflating measure ahould be adopted He believed that under the new system, the respectable portion of society who now fill the offices of collectora, Ac. will not act; they will refuse to Uke the reaponaibility, and the duties must be devolved on a lower order of men It wan a r.llacioua idea, thrown out by the Executive thst there would not be inore than 30,000 dollars left in the hands of any officer. Sureties, to avoid being re ceived, would put their property beyond the reach of the Government. He conaidered it aa an advantage, that the interest of banka are antagonist to those of the Government; but when the public money shall be in the hands of officers dependent on Executive will, call ed into being, and liable to be removed, by the aamu will there can be no chock. The revenue will be all iii ibe hands of the family. Of 3A1 millions collected in New York, from the commencement of the Government up to 1820, the whole Ions upon which amounts to only 44-100th* of one per cent. Adopt thw system, and you may as well pour out the contents of a miser', hoard, before an outlaw's den, and think it aafo, aa to suppose that among our officers, " danger wi wink in opportu nity." The debt to Europe is now reduced to about twelve millione dollars, and the resumption of specie payments cannot take place until tbat debt be paid. In conclusion, be said he looked on the approaching cnai. with feelings of the deepest anxiety; and would (eel happy if the forebodings, which forced themselves upon him, should lie disappointed. Mr. STRANGE made an explanation by way of cor recting some error, in reference to whet had fallen from bun, by the Senator frooa New York. He aaid hi. uaine had lieen punned on m often, that the pun made on it by the Senator from New York produced no effect. Mr. CALHOUN, aaid there weie but two plan. .ub mitted, the one by the coinmittcc on Finance, aiul the other by the senator from Virginia. He placed these plan* in contraat, toahow that the latter waa too objec tionable to be taken. He laid it down that no ban* could reaunie apecie payinenta during the year 1938, without great aacrtfice ; and he looked on the amend ment of the senator from Virginia, a* an invitation to the Pennaylvania Dank of the United States to resume specie payments, which she might do through her great money connections, to the injury of other banks. Hp regarded the argument as to the two currencies, as in applicable to the case, snd aaid he bad great doubt, whether there could be constitutionally, any other cur rency than gold and silver. He considered the evili which would result from a continuance of the union be tween bank and atate, aa far greater than any which could result from a separation. Mr RIVES made also an explanation aud moved to amend ibe amendment of the Senator from South Car olina, by striking out all tlie original bill after the enact ing words and inserting the bdT which he ^Mr. K.) had introduced. The amendment was not in order at this time Mf. CALHOUN and Mr. RIVES repeated these ex planations many tuner Mr. BENTON said he looked on the amendment a. one of the great measures of reform. He said that the issue had been changed. Until lately, we were labor ing to redeem the States from a paper system Now the State Banks are endeavoring to fasten a paper cur rency on the federal government. We (said he) are flying from their embrace, but they are pursuing u. ? He would consider the adoption of this amendment a. being the greatest favor that could be conferred on every solvent bank in the Union, and he supposed no one wanted to cheiish insolvent banks. The Senate then adj'd. HOUSE OF REPRESENTATIVES; Friday, Sept. 8?d. After presentation of Petitions, / The Speaker presented the resolutions of a meeting of citizens, in the Northorn Liberties of. Philadelphia, returning their thanks to Congress, for tyhring excluded spirituous liquors from sale or exhibition in the Capitol. Laid on the table. FLORIDA WAR. The House resumed the consideration of the resolu tion of Mr. WISE, for the appointment of a Select ouitmmiec oy ballot, to 'Investigate the causes of the delays, and failures, and expenditures of the Florida War. Mr. BELL said, he was aurpriaed tbat this subject had not attracted more attention than il has. Evcrv one seemed willing to lift the veil from the mysteries of the transactions of the government in relation lo that wsr, and expose the secret causes of our failures and disssters, but there wss a difficulty as to the mode of ef fecting thia object. If all gentlemen here acted on the noble sentiments of the gentleman from Georgia, (Mr. Glascocr,) there would be no difficulty. That gentleman disavowed and repudiated the ides of a party Committee of Investigation. The investigation was demanded by the country and not by party ; and the Chair ought, for tbat reason, to be relieved from thin delicate duty, because by usage, he was obliged to orgariixe the committee on party grounds, to make a packed committee. Aa an opposition msn, he would not, if the selection of the committee was given to him (Mr. Bell) make il an opposition party committee. He would select men of both parties, in reference to their habits of investigation, and their standing befl^ the country. He was for making the experiment of a com mittee appointed by ballot; if it proved abortive, there was an end of it. It waa an anomaly in the history of modern times, and in the 19th century, that a war ahould be waged for four campaigns, coating twenty millions of dollars, without a single authentic communi cation from the Government in relation to its origin and progreas. One cause of theae failures snd disssters wss, he be lieved, tho imbecile condition of-onr standing annv lie staled the fact, that, in General Clinch's conflict with the Indians, when his first lieutensnt of artillery fell, a sergeant was the only officer belonging to the whole command to take hia place. Some other facta he stated, to show that the forcea employed in Florida were scan tily officered, and that ita effect waa very disastrous. Mr WISE inadp an explanation in regard to the re ports in the morning papers, of the remarks made l>* hun yesterday. He did not say Gen Campbell locked the door of the lower room, but that he walked towards it, and threatened to lock it, &e., and the threat ii|>on that Committee was as effectual aa th? deed. Mr. GHOLSON was obliged lo the gentleman for his disclosures ; and they presented facta which formed a conclusive objection to the appointment of any more select coininiuccs. If tho threat of three of a minority of a committee was to govern the majority of six, and alter the character and facts of their report, then what confidence was to he placed in the report of any com mittee 1 If the minority had no confidence in the ma jority, then why should the majority repose so much confidence in the minority ! He knew no one who was opposed to this investigation; hut the gentleman ? to get .11 hi? lijfht on the aobject from a stock which will rcqnirb neither shuffling nor menacing to represent the gentleman's views. He had heard of this cominille* the same last year, and had hoped it was untrue He waa in favor of referring the mquiry to the Standii# Committee on Military Affairs. Mr CAMPBELL, of South Carolina, in some re marks which be insde on the subject of the resolute1', took occasion to ssy, that he felt free to observe in rela tion to the gentleman (Gen. Csmpbell.) who?e name had been associated with these unpleasant reminiscences that he left thia city without one hostile feeling again.: any single member of the committee of investigation. <n which Tie was a member; and that for the majority of that committee, or a portion of it, he felt the strongest sentiments of regard. Mr. WISE rose to stteak, but Mr. Cambreleng called for the order* of the day. Mr. Wise appenled to '?'," House to iiermit him to aay a few words Mr lain broleng said he should be compelled to call for the \'J' aud nay*. It was necesasry, in consideration oi the state of the Treasury, that the measure respecting tlw Dcposites, should be decided oil The House, by a large majority, agreed to take up tho orJer*. postponement of narostTM. The House sgain went into Committee of the Who'''. on the sute of Hie Union, (Mr. Haynrs, of Geurga, the'Chair ' , ,, Mr SHEPPARD, of N. C., spoke at considerate length against the bill. ' . Mr SIULEY. of N V., followed on the o'..e mI' Messrs CUSHMAN, of N H. snd HOLShV.?' Ga . spoke at length in support of the bill. Mr SMITH, of Mi. moved jhst the committee n" and. after some hesitation, the committee rose; ?''<J ^ motion. ?..d bv veas snd nays, -Inch were cslled lor Mr CAMBKEl.EN'ti, The House adjourned.