WASHINGTON, Jan. 12.
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was dSdin repeated Dy me IfIen0S or tHS T6- peal of the Bankrupt Act, and by those in favor of the immediate passage of the Treas ury Note bill. to postpone the reception of petitions for the purpose of proceeding to the tavorite ot these two objects, which, after an unsuccessful attempt of Mir. Fillmore to offer a resolution to suspend debate on the Treas- ury Note bill till tomorrow, two-thirds not voting for the suspension of the rules for ifs introduction, resulted in going into commit tee of the Whole again on the Treasury Note bill. -." .'7 " f''

 MT. J. G. Floyd opposed the bill at some length, entering into the general subject of politics, vindicating the course of Van Bu- ! ren's Administration, inculpating the preS- ent, and recommending as relief to the suf- ferings of the country,a a means of the resto- ration ot its prospects, the repeal of the acts of the Extra Sessun. .--.-as-- .-~----'

 MT. Arnold supported the bill, offering an amendment providing for the issue of Treas ury Notes of any denomination not less than $5, and entered into the boundless field of the policy of the country, more particularly with reference 10 the course 0f dominant Administrations for the last twelve years, which had been miserable hofch- potch system of expedients intended to deceive the people, replying to various prior arguments and declarations, particularly that of Mir: Floyd and others, that there would have been no deficiency in the revenue had it not been for the expenses and appropriations of the Extra Session, and stating that he should 1 vote for the bill to relieve the present exi- gencies of the Government, for the perma- nent supply of whose wants resort should be had to d system of duties, net regarding the free trade cry of gentlemen on this floor. Mir. J. R. Ingersoll got the floor, and the, committee having risen, MT. Fillmore re- DPwpd the affemnf fO ffffsP resolution fn ] conclude the debate on this bill, which be- 1 ing unsuccessful he gave notice that he should daily renew the attempt to bring the resolution before the House tor action until successful

 Several motions for adjournment, md for going again into committee, having been made, on which the Yeas and Nays were called number of times, the House adj'd.

 In the Senate. great numbers of petitions Wright, Tallmadge, Walker and Clay, on the subject of the Bankrupt Law, and all, with one exception, demonstrating against it's repeal or suggesting amendments. Mir. Clay said that he had been requested by letter 10 speak in favor of the prayer of the petition presented by him. The ques- ,ion was not new debateable, and ali he could say that the mcmorialsts had his pro- found sympathy, and he regretted that any disposition was manifested 10 repeal so be- neficent an act. Brief conversation arose on another of the petitions, between MeSsrs. Calhoun and Berricn, the former contending that this law was unconstitutional, and the latter defending it on constitutional and oth- CT grounds.

 1 A resolution was adopted, on motion of Mir. Walker, calling on the Secretary of the Treasury for information with reference to the collections under the Sub.Trcasurv Ntnr,. al.~ n

 and whether any defalcationS had taken place. That this latter was not the case, ho intended to show by the answer to this reso. lulon.

 Communications were received from the Treasury Department, showing what would [ have been the dis.ribu,ive share of cach per son and State of the United States, had the Distribution Act been in force in le4l; and giving an account of the operations of tie Banks of the District of Columbia in lS4I.

 The Exchequer plan was debated by Mir. Merrick, who held that they were bound 10 exercise the power given them by the Con- stitution 10 regulate the currency, and that the other systems of finance being now out of the question, this last alternative should be reSorted to, which was not so abhorrcnt in many respects as had been contcndcd: and Mr. SevIer, who commented upon the family broils of the Whig party, and said he could not see how any who voted for the bills of last summer could refuse this-for which he could not vote in it's present form: bu. it would receive his support # amended 10 sais him ~. Y. Tribune.

 WASHINGTON, Jan l2 ls42

 ln the Stnnte today, Mresrs. Huntingdon. Mangum, Tallmadgc, Miller, Wright. Hen derson, Porter, Kerr, Buchanan, Berrien. Merrick and Clay presented petitions, princi- pally rom New York, against Me repeal or postponen,ent et'the Bankrupt La,c ,T'5o

 The Exchequrr plan was debated at rreot length by Mr. Berton, who opposed ii. nnI recommended return to the Sub- Treasury System. n, c.,

 The debate on the subject was then termin- ated by the reference ol the plan to a Splcct Committee, of which Mr Tallmadgc. no doubt, will be Chairman, having nude ,hc motion for its reference '"0

 In the House, Mr. Stanly gave notice that he could introduce, when in order. il resoln- tIon providing for the discharge of the Com mlttee of tue Whole from any bill at onv given time. He said from the course mlS. sued on the Treasury Note bill now under consideration, 1t was demonstrated that such a resolution was indispensable to the trans. action of public business. .~o'~

 MT. G. Davis gave notice of resolution to rec tablIsh the One-hourrule.

 MT. Fillmore again asked leave to offer his resolution to terminate the debate on the Treasury Note Bill; to the reception of which Mir. McKeon objecting, Mir. r. moved a suspension ofthe rules for its introduction which failed-Yeas 1l9, Nays 6s-not being. o-thirds. i' H- goI

 The House after some further conversation