CONGRESSIONAL.

Thwrsday, Jan. 30.
{"character_count": 5517, "word_count": 988, "ccnet_language_score": [0.9810000061988831], "ccnet_perplexity": [646.0999755859375], "fasttext_language": ["en"]}
Mir. Wright presented certain proceedings 1 of ,he Legislature of the state of New Ork, l in relation to the removal of the public depOs- ] ites from the Bank of the United States. highly approving the conduct of the Presi- dent of the U. States and the Secretary of inc Treasury, in that measure, and expres- sing the pleasure of the said Legislature as to the course to be pursued by their Senators and Representatives in Congress on the same subject. On submitting the resolutions, he made some remarks, the scope "t which was ! his opposition 10 the restoration Ot the depos- ties. and e-charter of the present Bank, or any national Bank, wishing to substitute the State Banks.

 The Senator from Massachusetts had ask ed, e If you will not re charter the Bank, or establish a new Bank, what will you do !! He (Mr. WI would answer, as an individual, expressing his own sentiments, that he would suppOrt the Executive Department of the Government by all the lawful means in his power, in the attempt now making to substi- tute the State Banks fOr the Bank of the Unit ed States. He believed them perfectly and completely competent to the object, and he was wholly unmovcd by the alarms that had been sounded as to their insecurity, and the dangers that were apprehended to ensue from the change. He held that the steps already taken to effect the object in view, were all warranted by the Constitution and laws Of the land. It was his firm opinion that the steps which had been taken would redound 10 inc honor and best interests of the coun- try, and ought to he sustained by the people and their representatives here.

 But. again, the honorable Senator has said =" things cannot remain as they now are ;" that unless something which, according to his views on the subject, be done to afford relief -the pressure, the distress, and the agitation will continue. He (Mr. w. had already glv- en the Senate the source, and the only source from which the present pressure proceeded and. he had also stated, with unspsrng frank ness and without reserve, the object intended to be accomplished by the Bank of the United States. and he would leave the country to judge of the correctness of his opinions. II, then, they were sound and well founded, It was unquestionahly in the power of the Bank to proIong the pressure, and, consequently, keen the public mind in a state of agitation. It did not become him to assert what would be the course of the Bank with the confidence of the honorable Senator from Massachusetts. He (Mr. w ! could, therefore. only pronounce his opjpjop, and it was this-that the Back had not yentured on this whole measure with out the deepest consideration. and that it would not surrender, it's purpose being unac- complished, bat upon the sternest necessity He trusted in Goo, that soon. very soon, that necessity would be made most manifest by the attitude which the country must and would assume towards this daring and dangerous ln- stitution.

 He would merely pronounce his opinion. that the country had approved ofthe c"nduct of the President, in attempting to relieve 1t of

 osoA f1Y md hat q. tain the Executive arm of the Government in the experiment now making to substitute the State Institutions for the Bank ofthe U. States. Ha hada .Af sSSid ssA ssla saSd E Tns sG aa ceed so as to satisfy the country, then it would be time enough to exercise the powers ofCon- gress, and to ask the people what course they wished it to adopt. But, until the experiment on this subject was tried, he never would give his consent to grant such power as the Bank of the United States was in possession of

 Friday, Jaa 3f.

 MT. Webster moved to take up the proceed ings and resolutions of the N. York Legisla- ture, in relation to the U. S. Bank, and the removal ofthe public depOstes, submitted yes terday by MT. Wright-carried.

 Mr. Webster said he would beg the atten- ton of the Senate for few minutes. while he made some observations. Mir. w. then pro- ceeded in arguing in favor of the constitution ality of U. s. Bank. concluding as follows

 Sir, there is one other subject, on which will raise my voice. There is topic which perceive is becomc the general war-cry of party. on which take the liberty to warn the country against dclnsion. Sir, the cry is to.bc raised. that this is a question between the poor and the rich. know. sir, that un- der the roof of the Capitol within the last g4 hours. it has been proclaimed, with an air of confident and boastful triumph. that one thing was certain-that there was always a hatred from the poor to the rich-nnd that this ha- tired would support the late measures, and the putting down of the Bank. Sir. will not be silent at the threatening of such detestable fraud on public opinion. Ifbnt one man., or ten men. in the Nation will hear my voice, | would still warn them against this attempted imposition.

 MT. President, feel that in the present cri. sis it becomes me to bring 10 it, all of intel. lect, all of diligence, all of devotion to the public good, that possess. l act, sir, in op- position to nobody. l desire rather to follow the Administration, in proper remedy for present distress. than to lead. have felt so from the beginning; and have felt so until the declaration 6f yesterday made 1t certain. that there is no further measure to be propos- ed. The expectation is. that the country will get out under the present state of things Being myself entirely of different opinion, and hooking for no effectual relief until some