POSTSCRIPT.

By this Mornings Southern gail.
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WEDNESDAY,, Aug IL
The PRESIDENT pro laid before the Senate to-day
communication from the Secretary OF the Navy compliance
with resolution of the Senate giving list of al articles
imported duty free with the of duties and the
vnue OF the goods imported bearing less duty 90 per
cent ad raore IN the years 1887, 3s ana 39 which
laid on the table and ordered to be printed


Nix CALHOUN offered resolutions OF meeting OF Isle OF
Wright County, Virginia. against the Extra Session Ma
tOnu Bark Distribution and avawing the right OF repeal OF
the Bank He expressed his concurrence IN the sentiments
OF the resolution and moved their printing which was re-
jeetea. by Yeas 10 Nays 20


Mr.. BUCHANAN presented memorial IN favor OF 'he 'e
of Northern and Lakes and eomnunca'cd
important information with relation British movements on
that frontier The petition referred to the Military
Committee.


REPEAL OF THE SrR-TREAsuRr


Mr. CLAY from the Committee finance. reported the
bill for the repeal tho SutTrcasury, with amendments
of the House lie moved that be Immediately taken up
A conversation arose BY Messrs, CLAY OF Ala. BENTON
and Klse opposing the taking OF itup The motion was
then carried by Yeas o. Nays 81, and the bill taken up


Mr. CLAY stated tha, the amendments of the House were
but ,to hch had received the sanction OF the Finance
Comtaee, and which, he hoped, would be cOncurred in


Mr. CALHous said this bill useless, if the bank bill
was passed as would by that act be suspended and
wrong. If the bank bill vetoed The public money
would then be left withou, the protection place 1t was
moreover inecatc take up and thus bring this
bill before the President with the bank bill ii he appro
we'd Of this no alternative would be left him. but TO sign
the bank bill He moved postpone the bull to Saturday
next when ii was probable the President would have dis
posed of the bill before him.


Mr. CLAY opposed this motion, and wished the bill acted
on now He replied briefly 10 the arguments OF MIR. GAL
Houx contending that par, only of the provisions OF the
ub-Treasury would be suspended by bank act lie had
had no design 10 connect the before the Pre
dent but thought he would he enabled net more under
standngy by having the subjects before him at the same
time and they should business once before them


Mr. RlvEs desired that the bill be aaed and con
tended the amendments rejected, which he hoped
would be the case that the public Treasury would again he
regulated by the Deposit Act OF 1886 He had comm
nicaton whatever direct indirect with the President bu
believed he would have no objections having both matters
before him u the time.


The motion to postpone the bill Saturday then
iccted Yeas 81, Nays 90.


The question then being in the first amend
mcnt which repea the Deposit Act OF 1885 except the 18th
and l4h sections adopted BY Yeas e5 Nays e3 the
W
and ARCHER, who voted against it.


The second amendment repeal the law ot 1887 which
prohibits the by Government or by the General Post
Office of notes of ess denomination than twenty dollars,
wa. rejected by Yeas 90, Nays 23 Mr. RvRs voting with
the Loco-Focos against it,


The title of tho bill having been slightly modified the
amendments were completed Thus the bill wants but the
Signature of the President 10 become law.


The Distribution Bill was then taken and the amendment
of Nj YouSG embracing the graduation principle and re-
peang the law exemptng the public land for hve year'
after its sale from taxation, rejected.


Mr. LsS offered amendment to strike out the dstribu
ton feature of the M and insert provision 10 appropriate
the proceeds Of the lands the defence of the country


The Senate adjourned without taking the question on this


The House Representatives. have to-day been engaged
in the consideration of the Bankrupt Bill.


Messrs FEssExDEN LlSN and PENDLgTos advocated
the bill


Mr. TRuMBuLL opposed the voluntary provisions OF h'
BILL and also including of corporations He did not com
nit himself his


Mr. PAYNE of Ala. opposed the bill in its present form
but would vote amendment which he should offer
adopted providing that the bankruptcy shall not apply
TO individuals indebted States, any corporations
owned wholly or part By States without the of the
States principals without the knowledge and consent
of the sures and the opportunity OF the benefits Of the act
extended TO them


The House adjourned at halfpast o'clock. ARGUS.