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WAsHINGToN.-In the Senate. on the Both, the bank bill of Mir. Clay under discussion, and an amendment was passed, providing that none but cti- zens or resident aliens, and corporations within the states and territories, should become stockholders.

 There was considerable discussion on this altera- tion in which the leaders of both parties engaged. Mir. Calhoun thought the amendment was hardly me- cessary, inasmuc as few foreigners would be unwse enough to invest their capital in such stock. Mir. Preston thought that without foreign capital the coun- try would not have been what it is. Mr. Clay thought the amendment was nothing more than sacrifice to demagoguism and prejudice. In despite of this op- position of the leaders, passed vote of B to l6

 A farther amendment was proposed, as to allow all stockholders the privilege at all times, of nvesti- gatng the proceedings of the bank. This was re- jected by vote of P to26.

 It was expected that the whole of the discussion this subject would be finished by the 3d inst. So far, nothing has been said on the constitutionaty of the measure, although Mir. Clay had given notice that he had some opinions that part of the subject to pre- sent. Whether these opinions are to reconcile his inconsistencies on the matter is otyet known but we venture to assert that in all the history of dema goguism there is nothing striking as the complete change that gentleman has undergone this ques- tion. In 1911, his strongest argument against the bank was to show the utter folly of adopting prece- dent as decisive on such subjects. He coniended that such rule of construing the constitution was subversve of its whole spirit Yet in this very bank report before the senate he argues that the ques- ton IS settled beyond dispute by the decisions of the supreme court and the state legislatures. So plain are the fallaces and Inconsistencies which this self constituted leader of distracted whiggery has been guilty of!

 In the House, the consideration of the distribution bill Sc. was resumed. Several speeches were de- liyered on both sides but Messrs Merriweather and Alvord, whigs from Georgia, occupied the principal attention of the House, and contended strongly against it's passage As for himself, the latter gen. tleman stated, the whgs

 "Might have him read out of the party, but he too could read them out. He opposed to the bill on many grounds. The Government was in debt, and the proceeds of the public lands were wanted to pay it, and they ought to be appropriated instead of n- creasing the national debt by borrowing twelve mil lions Of dollars. lie was certain that Gen Harrison would not have been in favor of this bill."

 Mir. A. further said that he was opposed to the report of Mir. Ewing. He (Mr. Ewing) could make provision for the expenditure oftwenty millions, when there was not dollar to pay with. In con- cluson, he would gentlemen that the bill before the Committee was fraught with great dangers, and he now cautioned them to beware, as there was an active party who would take advantage of their er- TOTS.