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WAsHINGroN.-On the 12th in the Senate, after the morning hour had been consumed in considering the expediency of a bankrupt kt@, the bank bill came up.-Mr. Wright moved 10 amend the first sec- tion, by striking the subscription of the Govern ment. This proposition ably supported by the mover, who stated that he had listened in vain for any argument for the connexIon of the government with the bank He had been told the government was deeply in debt, yet here was a proposition to sink us l0,OOO,OOO deeper, for the purpose of buying bank stock. Mir. Clay, with great deal of petu- lance, reped.that the whole design of the democra- tic party 10 consumethe and eSbafrass the bill. Tathis MT. Calhoun answered, by stating that while the whigs had consumed eight days the bill, the democrats had only four.

 Mr. Wright's amendment was negatiyed--as was another which he proposed, to strike out the power to subscribe for the third of the remaining twen ty millions. in case it was was not taken by indiyi duals. Mir. Clay in of his remarks denounced the doctrine of repeal Jacobinical and mons rous Mir. Buchanan replied with much ability and showed that was only constitutional but had been cognized by the Supreme Court, Judge Marshall de- liyering the decision.

 In the House, Mir Jones of Virginia made pow erful speech in opposition to the bill establishing National Debt. He was followed by Mir. Athecto on the same side of the question, and by MT. Davis and Mir. Dawson on the opposite. Mir. Fillmore fol- lowed in support of the bill, and at the close of his remarks it was teken out of the Committee, and eventually passed-ayes l26. nays 93 Il has been amended as 10 limit it's duration to three years from January next, instead of eight years and to bear six per cent. interest," instead of five per cent.