The Camden journal. [volume] (Camden, S.C.) 1836-1851, June 30, 1841, Image 2

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-, is ^ v ' . Vvi ~ ^ - > -?? * -?- : r^-v-v *- *fr ~\ k;'? Mtf?BV?BHnuMtBcavnnc^ansaacBaM? * , CONGRESS-SI-NATE. . ._ Washington, June 21. Mr. Clay introduced to-dey the reporon the Secretary's projector a Fiscal Bank * " *r~ ";i c;.iOJ Thpv rpsnlve it oi me uimeu umivo. j "all into a Bank of the United Slates, after the model of the last. The committee declared that the establishment of a National Bank i? indispensable, That it is to be rewarded as a settled question that is is constitutional: Thai the question of expediency would not be discussed: That it-is the deliberate opinion of the * committee, that an immense majority of the people are in favor of and call for a United States Bank, and that it shall be - established at liis special session: That the committee determined to dis* " ?i r~- ,u? mi?s'aU experiment, mm im\e mi mc sis of the new Fiscal Bank the last charter of the Bank" of the United States. That the capital shall consist of thirty millions, which may be increased to fifty millions: That the dividends be limited to seven per cent; if deficient one year, to be made up by the surplus" of Subsequent years; surplhs over seVcn per cent, to go to the United States: : . * Thatits loans and discounts shall not exceed hs capital inure than seventy-five, per ceitl: That its affairs shall be open to the inspection of the Secretary of the Treasu- 1 ry. Committees of Congress, and stock holders: i That when its notes exceed three times the specie in its vaults, further bans shall not be made: That no paid officer of the Bank shall receive accommodations by loans: That embezzlement by any officer shall be held as felony: These, as far as we could catch them, were the principal features of the report. The repot repudiates altogether the two features of the Bank introeuced by Mr. Ewing to satisfy constitutions. The most material is that which, in Mr. Ewing's project, required tiic assent of the Slates to the establishment of branches in them. This, the report treats as yielding the question of the constitutional power of Congress to establish a National Bank. It argues elaborately this question, and insists on the establishment of branches without the assent of the States, to be essential to the system contemplated by the committee. ^ Another point on which the report wholly repudiates the Secretary's plan, is that which proposes to establish the prin- a cipal Bank in this District. So far from doing this, the plan of the rpport takes f Uie;whoJe banking- power out of the Lhs- c t;?ct, not even permitting an officer of t discount and deposite to exist within the e District. It proposes to have a board of ? directors as a board of control within the t District; but no bank holding any part of a the capital, or possessing any power to e discount. This, so far from laying hold a of the right of Congress to create a bank- f ing corporation, as the root from which tho States would draw branches, abjures t altogether the authority of Congress over n this District as furnishing constitutional b power to establish a National Bank in the r ten utiles to spread its branches over the n Union, but, on the contrary, claims the t power as applicable to the United States ^ only, by denying even a branch with bank- c ing powers within the District. tl These are two essentia] particulars, on p which it is understood the President holds h views diametrically opposite to the com- E roitlee; and the committee have, notwith c standing the adjuration of the National h Intelligencer, boldly determined to push tl the President to the wall, and make him o surrender at discretion. It is said by some of the friends of Mr. Clay, that it has oeen ascertained in caucus me measure .can be carried in Congress without regard Mo the constitutional objections which Mr. d JEwing's proposed plan was intended to remove. We infer, therefore, that Mr. Clay 1 jsmvilling to try conclusions with the Presi- l dent before the people, if he dare venture ? on a veto. I After Mr. Clay had read his report, Mr. 4 cCalhoun entered upon the discussion of < 'the Treasury report, which is made the s "basis of the called session, and of the * measures to which it is to give birth.? ' 2Hr. Calhoun, in the most succinct and i ' -clearest manner, summed up the result of ' thajf.SdaXe paperfrom it own.figures, and ' proved conclusively that the mathematical results were directly irt ''(he teeth of the measures winch' the Secretary would tieduce from them. He showed lhat while the actual accounts showed demonstrably that there would, at the end, be a deficit in the Treasury of less than two millions, the Secretary, proposed to fund a debt, on lhat pretext, of sixteen millions, which he proposed to eke out to thirty-one millions, on various schemes of policy, having no reference to the wants of the Treasury. He showed that while the pretence was the deficit in the Treasury, as the groundwork of a national debt, the Secretary proposes to make a deficit by giving away one of the great sources of revenue. . He showed that while reform was recommended hy those now in power, on imputed waste of the public means by the late Administration, which were nevertheless found adequate, the reformers propose to double the taxes, that they may furnish a surplus out of the petiole's pockets, to the proposed B.ifik,Vfhat it mav tax them for the benefit, of the Bank oligarchy, -hut of their means. Mr- Calhoun here threw a powerful and , *' penetrating glance on the whole system which again emerging out of the troubled waters which tne moneyed influence had so successfully troubled. He showed, in all the associated propositions, the combination with which Gen. Hamilton had started to subvert the Democracy of the Constitution, and found in its stead the sovereignty which reigns in England, in the shape of money, monopoly, and monarchy. Mr. Calhoun entered into the philosophical principles which discriminated a Government based on the funding system?taxation beyond the actual wants of Government, and monopoly as a part of that system?from a Government of the people; and he made it manifest that the worst and most oppressive tyranny may be most effectually introduced in this way under the forms of a Republic. Mr. Calhoun sat down. Mr. Clay rose, as he said, not to argue the question, but to complain that others had argued the matters arising on the report. lie said it ivas a mere question of printing, and should not have been discussed; and in the course ofhis remarks, made some indecent persona] allusion to Mr. Woodbury, who, as being very round he inferred was very windy, and with this sort of fling, endeavored to escape from the necesily of responding as head of the Finance Committee, to the thorough exposure which he had made of the false statements and glaring imposture attempted by the Secretary of the Trea jury. Neither Mr. Clay, nor \Ir. Evans, (his colleague on the Finance Committee.) could bring forward, notwithstanding the days of vacation which liave interposed, a single fact or explanalion from the Treasury, to cover themanifold errors and frauds exposed in the jearching examinations of this extraordinary rfmirt for the extraordinary session, J - | U ~ - made by Messrs. Wooilburv, Wright and Calhoun. To Mr. Clay's remark, by whirh be sought In excuse himself for not offering some defence of that which was the ground-work of all that he propngpd to do, viz: that it was a mere question of printing;, Mr. Calhoun replied by observing, that it contained the proposals of all that Congress was called to legislat^upon, and therefore presented the gravest and most important subjects of deliberation?that, ?s the King's speech in Parliament, which, ivhen proposing innovations, was always net with the most promptand liveliest distussion, so the Treasury report on this cession desired the most immediate and he closest scrutiny of CongresB. If errors were not exposed, the legislation roposed to be founded upon it would lecessarily be erroneous, the public mind .bused, and the public interests sacrificed. Mr. Woodbury, in reply to Mr. Clay, lung back his taunts with spirit and sueess, and made it apparent to the Senate hat the Finance Committee had been drivn to report against some of the extravagant suggestions of that report, by omiting them in the system they had devised, nr! ihnt iIipv bad heen forced to Drive Ull ",M *"" *"w; " o? -r ivery thing like defence of the statements nd conclusions of this paper, after the irst effort made by Mr. Evans to sustain it. Mr. Buchannan rose before the vote was aken, and said he had something to say n the subject of this financial document, nit as he found the Treasury report surendered?as he found that the able and nasterly expose of the lute Chancellor of he Exchequer, (as Mr. Clay called Mr. Wight) was not in the slightest degree ontroverted by the new Chancellor of he Exchequer(Mr. Evans, elevated to the mst, by Mr. Clay's resignation of it in aving nothing to say as the head of the finance Committee,) he, Mr. Buchanan, ould not be so cruel astoii.flict another low on the unresisting. The printing ul lie unfortunate Trersury paper was then rdered.--G/o6e. Correspondence of the Courier. - Washington, June 20. The Senate was not in session yesterr lay. ^ In the House, Mr. Charles Brown, of :*enn., between whom and Mr. Stanley. here has been some bickering lately, rose ad asked leave to make a personal ex* ilanation. Several members cried out? 'no personal explanations here"?"go ?ut of the House with them"?"lei us itop that now at the beginning of the seslion." Some cried " leave;" but, finally, .he House refused leave almost unanimously. This would seem to show that the sense of the House is opposed to per. gonal altercations, and that hereafter they will be discouraged. A petition heretofore presented by Mr. Furnace, Penn., praying a revision of the tariff, with a view to protection, was taken up. Mr. F. had moved to refer it with instructions to the Committee on Manufactures to report a bill, and commenced a speech on the subject. A question was then raised whether it was in order under the new rule to discuss or consider the subject of a protective tariff.? The Speaker decided that, though the dislinciion between a tariff of revenue and one of protection was very nice, and though they were sometimes blended, yet it was clear that the President, in hid message, referred to a tariff, solely for revenue, and, therefore, the petition must lie on the table. The subject was laid on the table, yeas 130, hays 66?an evidence that the subject of a protectivt tariff will not be considered at this session Among the resolutions offered was one by Mr. Winthrop, of Boston, to appoint a Committee to sit during the recess <>f Congress, whose duty it shall be. l< lake testimony on the subject ol the effect of our staff of duties on the manufactures, commerce, and agriculture o] rr a * 1 x . * * * "f- * Jif the country. The proposition will undoubtedly be carried , into effect, and it cannot fail to be productive of important' results. Such investigations are prosecuted frequently and with great success by British Parliamentary Committees. Mr. Adams presentada number of slavery petitions, and stated their contents severally. . A question arose whether these petitions were to be returned to the member presenting them. The Speaker decided that the latter course must be pursued, under the rule. Mr. Clay, I learn, is ready to report a bill establishing a Bank of the U.S., from his Select Committee. The bill, to be reported, as I understand, will vary essentially from the project of the Secretary of the Treasury. It mav provide for branch es to be established in the States, "without the assent of the States; and also allow the Bank to deal in Fo'tign Exchanges. This will render the bill more acceptable to some, and less so to others. A public meeting was held in this city, last evening, by citizens of the State of Pennsylvania, on the subject of making a suitable provision for the family of the late Gen. Harrison. It was the opinion of the ' meeting that the provision made by the bill which has passed one House of Con* gress is altogether inadequate; and that the citizens of the (J. 8. ought, by private subscriptions, to increase the sum to one hundred thousand dollars. Measures were ' 1 ?!" ^CTfft tn th* views of the I H IV O II V U"V. .... ... meeting. DOCUMENT FROM THE NAVY DEPARTMENT. Navy Department, May 31, 1841. Sir:?The appropriations made at the last session of Congress will be found amply sufficient to cover the expenditures for the current year, nnder the several heads of appropriation, unless it should become necessary or be deemed proper to assume another and lirger basis of ope* rations than that on which the estimates from the Department were founded. The slate of the Navy Pension Fund will require the immediate action of Con* jjress. Under the operation of the act entilled "An act for the more equitathle ad* { ministration of the Nary Pension Fund," , that fund has been exhausted. It will be | seen from the accompanying report of , the Commissioner of Pensions that there , will be required for the payment of navy , pensioners, on the 1st of July next, the | sum of 888,706; and oa the 1st of Janu- , ary, 1842, the further sum of 869.000. j In addition to these sums, about 86.000 j will be required to pay arrears of pensions ^ j which will probably be allowed oeiween j July next and the 1st of January, making\ in the whole $103,709 06. To meet i th^se payments, there is within the con- ( trol of the Department, the sum of $28,- , 040; leaving a deficency of $135,666 66, , which the public faith requires should be promptly supplied. , The sudden return of the Brandy-wine seems to require some explanation.? From the despatches sent to the Department by Captain Bolton, of that ship, it appears that the great excitement prevailing in England in the early part of March last, induced our Minister at that Court to address a communication to Commodore Hull, the officer commanding the United Slates naval forces in the Mediterranean, the result of which was, that the squadron. then lying at Mahon, left the station with a view to get out of that sea, ascertain the true slate of things between the United States and Great Britain andeither resume their station or return home accord. Thp Rrandv-wine OUt sailing the Comndore, and Capt. Bolton having received no information on his voyage deemed satisfactory by him, he returned to the United States. Though it is presumed Congress will scarcely be willing to to give attention to general matters unconnected with the objects for which the extraordinary session of that body was convoked, yet recent events induce me to bring to your notice, with a view to the action of Congress, two subjects as worthy of present consideration. The first is the establishment of a home squadron. While squadrons are maintained in various parts of the world for the preservation of ottr commerce, our own shores have been left without any adequate protection. Had a war with Great Britain been the result, as was at one time generally feared, of the subjects of difficulty now in a course of adjustment between thai. Power anil jhe United Slates, not only' would our trade have been liable to great interruption, and our mechanics to great lossses abroad, but a naval force, comparatively small, might, on our very shores.have seized our merchant ships and insulted our flag, without suitable means of. resistance or immediate ret tliaiion being at the command of the Government. To guard against such a result?to be ever ready to repel or prompt ly 10 cnnsnze aggressi-ms upon uur own shores, it is necessary that a powerful squadron should be kept afloat at home.? This measure is recommended by other i considerations. There is no situation in > which greater skill or seamanship can be ' exercised and acquired than on the coast i of United States; and in no service would 1 our officers and seamen become more i thoroughly initiated in all that is necessn ry for the national defence and glory. In . that service, aided by the coast survey ; now in progress, a thorough acquaintance would be gained with our own seacoast, ? extensive and hitherto but imperfectly > known?the various ports would be visited ?the bays, inlets and harbors carefully examined?the uses of which eaclt could F be made available during war, either for escape, defence, or annoyance* be aseer. < tained/and the confidence resulting from t perfect knowledge would gtve to as, what t we ought surely to possess, a decided ad- < vantage over an enemy on our own shores. < Should it be thought desirable that such a \ squadron be put in commission immediate* >j ly. and kept constantly on duty, an addi* I tional appropriation may be necessary; f for the amount ofwhich, as well as the < force deemed prdper to be employed, I j beg to refer to the accompanying report < on the subject, prepared under my direc* f tion, by the Board of Navy Commissioners. .] The attention of Congress has been heretofore earnestly invited to the state-j of our ordnance stores, and I deem it , worthy of immediate consideration. A ( supply of suitable arms and munitions of , war isindispensableto the successful ope- a ration of the bravest officers and men; j and it cannot, from the nature of the case, ( be provided upon a sudden emergency.? i Sailors may be hastly collected from our commercial marine, ships may be purchas- f ed, but ordinance cannot be supplied on i such emergency, nor can some of the ( materials fur the preparation of amunition | be procured cither bV purchase or manu * - ' - *- -M U- . facture. He tree! the ordinance snnuiu, uj . a timely foresight, be provided in advance; h and the-materials be secured, from which]] a supply of ammunition can be speedily < prepared. The accompanying report from i the Board of Navy Commissioners shows the amount of expenditure -which will be required under this head. Should the object be deemed of such importance and ( urgency as to require the immediate at- t tention of Congress. I respectfully recoro- l mend that ail approbation of one third of j the estimated amount be now made. I The opinion seems to have become gene* c ral, as well in the service as in the nation r at large, that a thorough reorganization ^ iNiaifv demanded bv considerations j U| IIIV 41H ^ , r connected with the defence and honor of 8 the country, and in this opinion I heartly ( concur. Yet I am fully aware that my ? plan for this purpose should be the result e of the most careful deliberation, and that s it would be at once unwise and injurious | to submit to Congress and the country ij any proposed arrangements which should a be liable to the charge of haste and incon- r sideration. Deeply sensible, therefore, p at once of the importance and difficulty ? i)f the measure, 1 hare taken proper 0 steps to collect and avail myself of all the results of experience and observation from those whose opportunities have al> t| lowed the means of knowledge, and their p intelligence the ability to use them pro- 8l Stably, and 1 entertain the hope of being h able, before the next regular meeting of n Congress, to submit for your considers* j, lion a comprehensive and well digested ]{ system in the branch of the public service tl committed to my charge. t< 1 have the honor to be; with the high* f est respect your most obedieut servant, c GEORGE E. BADGER. ? The Mobmons.?An officer of one of the steamboats that arrived atSt. Louis informs the editor of the St. Louis Repub- f " * *L - n ?Illinois has. bo- n Iican mai ine uumnci ??? , . na fide, become a Mormon, there had been j several hundred Mormons, from Netv j| Yotk and England, who lately made a descent upon Nauvoo and .the circumja- s cent regions, by way of making settlement ( there-This colony was beheld with alarm a by many of the dispassionate inhabitants ?, in that part of the state. Both the ame- 8 rican and English emigrants of that per- ; suasion had come there at least as well r armed and accoutered for the fight as for p agriculture; not one male among them j that knew how to use firearms but had j his rifle, his pistol, and many others of ? them they snickeer-snee. With the colony ? from New York there had been several { young women decoyed off from parents a and friends, with them, by means of e nromises the most extravagant, and des- L r - cripiions of country more romantic man 8 ever entered into Arabian tale. The fruits j of the earth, even in a state of nature, ] were as the Garden of Eden before it had been cursed with thorns and thistles; the strawberries growing there in a state of nature being equal to pomgranates. One | of those deluded young women, at the e sight of this paradise, give expression to , her disappointment that bordered upon j despair?so different was the real seen, ry , from the representation, and so complete, | so hopeless as to delivery, was her captiv f it y. i The fact of the Governor's joining this ( society was looked upon as no unmeaning . sign of the limes" to come. They are also building an extensive something which they call a temple, but which has very f much the appearance of a fort. j The Mormons. ?Arrest of Jo. Smith.? f J By the annexed extract of a private let- j I ter Irorn a highly respectable gentleman a "* rNauvoot . | residing near the mormon eny, \ , , it appears that the scenes which a few ( months since were enacted in Missouri, t are in danger of being repeated in Iowa., j There is a tract ofl30,000 acres nfbeauti- , ful land lying directly opposite the Mor? j mon settlement on the Mississippi river, j This tract was given to the Half Breeds of j the Sax and Fox nations by the United j States, and has been purchased from them j by the whites. Proceedings hare been had j in the Equity Court of Iowa to partition \ these lands, and commissioners appointed \ by the court to survey and divide them j among the lawful claimants; Some j months since, the title being then unsettled, , Jo. Smith received a revelation from God to the effect .that the Latter Day Saints should go in and posess this fair land* and ; : * - / -*\* - p. . :J? . -r- ? -:: - ' - ' snjoy th? fruits tbereof^-AccordinfTf , t here are said to be no^about 2,000a* ? hese people.residing QQ aaid land?,- j?ho :laim by the highest possible title,7* -title iirect from the Creator; and they see hied letermined to set all human decree* at iefiance. In addition to deapoilingvthi7. lands of much valuable timber, they ho# forbid the commissioners and surveyors, un pain of death, to attempt a survey arid : partition; The arrest-of theirl c ade r, :o be hoped, will prevent the execution of their threat. - Extract of a letter from the Thiniiiy^f^ "The excitement on both sides Df the river against^ the Mormon* is increaiing^^,. rery fast. 1 he conuuet-Xu Jo Smith and . ,agj?fe>4| he other leader*, is such as no if white men can tolerate. It is theentirrA 4 ibsence of ail moral and feligiotis priteci^ r; ^ tile thai renders them so< obnoxious to Sentiles of all denominations, whererer hey reside. . "Jo Smith was yestarday .arrested,. iween Nauvoo and Quiuey^by tlieauthori- ; tiei of Illinois, on a requisition from the ^ Sorenor of Missouri.' May jtnriea. be ... neted out to hira for his~rilla "Martin Harris, who was one- of witnesses to the bonk - of- Mormon, - antf who has beenforisotnwiimt^lec t bring in fllinoii tirsliut'lh* Mnrmnrn. urit fnnnil lead last week, hpsing been shot nKvpugh? he head. He was.no doubt murdered^^ Journal of Covrnercc, . Suit against Nicholas BiddlC;?One. r; >f the New. York Journals inquires as to he precise nature of suit lately instituted ?y the Bank of the United State* against| Jr. Biddle. It is brought to recover near- . y seven hundred thousand dollars paid >ut during his administration^ for >hich ^ 10 vouchers can be found; of which sum ^ 1 nore than four hundred, thousand dollars^ t is asserted, were paid to him for purpp^v;^: : es unknown, upon the checks of the- . 'ashier. Wo must sustain this and every ther effort to place the odium now heap-" d upon our city in general, upon the houlders of those to whom it belongs.-; ^. ^ t is due to Philadelphia, that discrirmnaion should be made between the innocent nd the guilty, the thousands of her nP^^. H ight citizens who have regarded the ap-\; ailing disclosures oi irauus anu wrong* ^ rith an indignation exceeded in no quarter " f the country.?Phil. N. American. What a charge! About two years since, ie Directors of the United States Bank resented Mr. Biddle with a silrerdr^injjS^^; etf, worth 820,000, in consideration is "eminent services" to that institution!! ow, the Directors of the same barffl^HBT istituted a suit against this same im macuite Mr. Biddle, for mismanagement of i' le funds of the institution!! The truths aid of Biddle, and the monster, by Old ^ lickory, are now acknowledged by all andid men. Wonder if "thepenitentiary'#v2? rill reclaim its ftffeitivesl" I. New Haven Registers : The nineteenth anua) Convention of the t'f. 'rotesiant Episcopal Church in the diocei-o^^- *f this Slate, met at Macon on the 3d ins',' Vom its journal of proceedings we gather he fullowing particulars. ...\ The Rev. Stephen Elliott, jr. was a ' non nine since cuiiaecraicu unimu iui lie Diocese of Georgia. He delivered W ^ ddress at. this meeting, shewing his iperalions since his installation, and preented the cause of the Church as fcecomihg; " n a more flourishing condition. ight of confirmation was administered by"*^. lim. Thiee new Churches, St. Stephens, Hilledgeville; St. Johns, Savannah; and^ 3t. Peter's Darfen, were on ap^icatiotfv ^ idmitted, making ten in numbers in tbeV State. The Church has been coroplimenpd by one individual, with an eligibly ituation, the Mootpelier Springs,-etrppos-^ d to be worth, with land and improve- * nents, ten thousand dollars, where a''" chool has been established, under its trinciples, and at present in the charge of' lev. Charles Fay and lady. Milledgemlle Journal. Alabama.?A bill has passed the. Legij-^ ature of Alabama* "to secure a nnme-~ . < :tead to every family in this St ale,"5"^ vhich provides?"That in addition to the troperty now allowed by law fronte^eeuions, there shall be exempted fcorD'ezeea^f^ ion fiom all debts hereafter contra?ed,'-\* or the uae-of every family-in MMySiatc, nrty. acres of land, wfitch* shall be and snure to the use and benefit of lettled.aitd sermanent families." ' -v ^ , ' The Fajimer.?It does one'sjheart good o see a merry round farmer. So indejendent and yet so free from vanities ai^ ?1 tride. So-rich and so industrious; so"piLr-:; ient and peraevrring in his calling,'-ant^" * ret so kind, social and obliging. There ire a thousand noble traits about hihi5^t: vhich light up his character. Hersgh?-1'" *- li-UI." ?,t nfi ilrtidr aiifti tim ' ;iany uui|'i?v>v? ? ? ?., ind he wont set* Hiark on you, and sweat tout of you with a double compound' in- ~ :erest at an other time?you are weleome. He will do you a kindness without expectng a return by way of compensation; if s not so u ith e ve ry body He is general' y more honest and sincere?less disposed ' o deal in low and underhanded cunning han many that I could name. He gives ..y' ,o society its best support?he is the 'ediice of governmept and the lord of nature. Look, at him in homespun gray arid black, gentlemen; laugh if you wiiMhit, believe ne he can laugh bAck if he pleases, . The whole population of St. Louis is 90,00Q>? rhe iricresetfis botwesti'4 sad 5*000 syeu.V