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Daily National Intelligencer
Washington, District Of Columbia
What is this article about?
On March 27, the U.S. Senate considered various matters including a memorial for a turnpike road incorporation in the District of Columbia, a bill rewarding the USS Constitution's crew, and amendments to the Bank Bill. Debates focused on bank operations and state branches; the bill was postponed to the next day.
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IN SENATE MARCH 27.
Mr. Daggett presented the memorial of Daniel Carroll of Duddington, and others, praying that a company may be incorporated to continue a turnpike road leading from Calvert's Mills, from the line of the district to the Eastern Branch bridge in the District of Columbia; which was committed.
Mr. Tait reported a bill to reward the officers and crew of the U. States frigate Constitution; which was read.
Two or three bills were ordered to a final reading.
The Senate resumed the BANK BILL.
The consideration of amendments progressed. An amendment was adopted, among others, to postpone the opening of the books from the 1st day of June to the 1st day of July.
Mr. Mason of N. H. then moved another amendment, by way of a new section, to declare the act null and void, if the Bank is not put into operation within one year after its date.
Mr. Bibb moved to amend this amendment so as to make it reserve to Congress the right to annul the charter, at any time within twelve months after the 1st day of February next, if the Bank be not put in operation before that day.
These motions gave rise to much desultory debate, as indeed did all the amendments proposed.
Mr. Bibb's motion was agreed to; and Mr. Mason's proposition, so modified, was agreed to.
Mr. Campbell then moved to amend that part of the bill which directs books to be opened at certain places, so as to assign to each state a certain proportion of the stock to be subscribed, to remain there for a certain time, to allow it to be subscribed in the states respectively, in proportion to their representation; intending to follow up this amendment by a motion to introduce a provision that the Bank should be compelled, on the request of the Legislature of any state, to establish a Branch of the Bank therein.
In support of this motion, Mr. C. made a speech of some length on the general principles of the bill.
This amendment was in the end negatived, by a vote of 20 to 11.
Late in the day, the consideration of the bill was further postponed till to-morrow.
Mr. Daggett from the committee on the unfinished business, made a report, which was read.
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Domestic News Details
Primary Location
District Of Columbia
Event Date
March 27
Key Persons
Outcome
amendments adopted to postpone book opening to july 1 and reserve congress's right to annul charter if bank not operational by february next; mr. campbell's amendment on state stock subscriptions negatived 20-11; bank bill consideration postponed to next day.
Event Details
Senate proceedings included presentation of a memorial for turnpike road incorporation, reporting of a bill rewarding USS Constitution crew, ordering bills to final reading, and debate on Bank Bill amendments regarding operations, charter annulment, and state branches.