8. Resolved, That other objections which have been made to the establishment of a Na tional Bank, on the ground that it introduces foreign capital into the country, and that it has a tendency to build up a moneyed aristocracy, are unfounded and illusory; that the introduction of foreign capital is always an advantage; and that the influence of a National Bank on the currency and on the business transactions of the community is particularly favorable to the middling and poorer classes of the people, which are more interested than any others in the maintenance of a healthy state of the currency, and more injuriously affected by the fluctuations and embarrassments that are incident to an unsound one. 9. Resolved, That, for the reasons set forth in the preceding resolves, we consider a well constituted National Bank as one of the most valuable and important institutions of the country; that we have seen with deep regret the disposition manifested by the present Chief Magistrate of the United States to use his influence in opposition to the existence of any such Bank; and we cannot relinquish the hope that he will yet concur with the Legislature of the Union, in continuing to the people the great advantages that result from the existence of a National Bank. 10. Resolved, That the act of the President, overruling the decision of the late Secretary of the Treasury on the question of the removal of the deposites, adds another to the many previous proofs of a disposition in the Executive councils to concentrate all possible power in the hands of a single individual, and thus to mould our Government more nearly to the monarchial form, in disregard of those salutary restrictions on Executive power which were intended to make its acts the emanation of joint and compromising councils, rather than the will of, one man, or of one department of the Government. 11. Resolved, That the reasons submitted to Congress by the Secretary of the Treasury, for the late removal of the public treasure from the custody of the Bank, are not sufficient to justify the measure. 12. Resolved, That the removal of the deposites of the public money from the custody of the Bank of the United States, by compelling the Bank to curtail its discounts and call in the balances due to it from the local banks, by deranging the currency of the country, and producing a general distrust, has been the principal, if not the only immediate cause of the present distressing scarcity of money, and that nothing would tend more directly to afford relief to the community, than the restoration of the deposites of public money to the custody of the Bank, and the adoption of such other measures as would inspire a general confidence that the people are not to be deprived of the great advantages resulting from the existence of a National Bank, after the expiration of the charter of the present one. 13. Resolved, That the Senators of this commonwealth in Congress be instructed, and the Representatives requested, to use their influence for the purpose of procuring the restoration of the deposites of public money to the Bank of the United States, and of continuing to the people the advantages resulting from a National Bank, by a renewal of the charter of the present one, or in some other way. 14. Resolved, That his Excellency the Governor be requested to transmit copies of these resolves to the Senators and Representatives of the commonwealth in Congress, and to the Governors of all the States. In Senate, Feb. 18, 1834.-Read twice and passed. Sent down for concurrence. B. T. PICKMAN, President. In the House of Representatives, Feb. 28, 1834.-Passed in concurrence. The said resolutions being read, Mr. John Quincy Adams moved the following resolution, viz. Resolved, That the resolutions of the Legislature of Massachusetts, in relation to the state of the currency and the removal of the public deposites from the Bank of the United States, be referred to a select committee, with instructions to report a plan for continuing to the people the advantages resulting from a National Bank. The said resolution was read, and ordered to lie on the table. Mr. Gorham presented a memorial of inhabitants of the city of Boston, in the State of Massachusetts, praying that the deposite of the public moneys may be restored to the Bank of the United States, and that provision may be made for the incorporation of a National Bank; which memorial was read, and ordered to lie on the table. Mr. Gorham moved that the said memorial, and the names thereto subscribed, be printed. The question on this motion was divided. And being put on so much thereof as proposes to print the said memorial, It passed in the affirmative. A motion was then made by Mr. Jones, of Georgia, that the residue of said motion, viz. that the names subscribed to said memorial be printed, do lie on the table. And the question being put, It was decided in the negative, {Xeas, 79, 106. The yeas and nays being desired by one-fifth of the members present, Those who voted in the affirmative, are, Mr. Edward A. Hannegan Gideon Hard Noadiah Johnson Cave Johnson Seaborn Jones Benjamin Jones Humphrey H. Leavitt Those who voted in the negative, are, Mr. John Quincy Adams Heman Allen John Banks Charles A. Barnitz Mr. Daniel L. Barringer William Baylies Mr. William McComas Rufus McIntire James Parker Franklin E. Plummer James K. Polk Ferdinand S. Schenck William N. Shinn Francis O. J. Smith Mr. Horace Binney Mr. George Burd Robert B. Campbell William W. Ellsworth John Ewing Roger L. Gamble Mr. Benjamin Gorham Cornelius W. Lawrence Levi Lincoln Thomas M. T. McKennan Isaac McKim Charles F. Mercer Mr. John M. Patton Augustine H. Shepperd The question was then put on the residue of said motion, viz. that the names subscribed to said memorial be printed, And passed in the affirmative, {eas, 108, 78. The yeas and nays being desired by one-fifth of the members present, Those who voted in the affirmative, are, Mr. John Quincy Adams Heman Allen William S. Archer William H. Ashley Noyes Barber Charles A. Barnitz Daniel L. Barringer Tristam Burges Churchill C. Cambreleng Mr. Joseph H. Crane William W. Ellsworth George Evans Edward Everett George Grennell, jr. Mr. James P. Heath William Hiester John Laporte Cornelius W. Lawrence George W. Lay Dixon H. Lewis Henry C. Martindale Samuel W. Mardis Jonathan McCarty Thomas M. T. McKennan. Isaac McKim Charles F. Mercer John J. Milligan John Murphy Those who voted in the negative, are, Mr. John Adams John J. Allen William Allen Joseph B. Anthony Samuel Beardsley James Blair John Blair Charles Bodle George R. Gilmer Mr. Joseph Hall Humphrey H. Leavitt Mr. Samuel F. Vinton Mr. Lincoln presented a similar memorial from inhabitants of the county of Worcester, in the State of Massachusetts. Mr. Lincoln presented the proceedings of a meeting of citizens of the county of Worcester, in the State of Massachusetts, held in the town of Worcester on the 19th of February, disapproving the removal of the deposite of the public money from the Bank of the United States, and in favor of a renewal of the charter of the Bank of the United States. Mr. Horace Everett presented the proceedings of a convention of delegates from the several towns in the county of Windsor, in the State of Vermont, held at Woodstock on the 27th of February, 1834, disapproving the removal of the deposite of the public money from the Bank of the United States, and in favor of a restoration thereof. Mr. Fillmore presented a memorial of farmers, merchants, mechanics, artisans, and other inhabitants of the city of Buffalo, and its vicinity, in the State of New York, praying that the deposite of the public money may be restored to the Bank of the United States, and that provision may be made for the continued existence of a National Bank. Ordered, That the said memorials and proceedings do lie on the table. Mr. Mason, of Maine, presented a petition of inhabitants of the county of Oxford, in the State of Maine; Mr. Mason also presented a petition of inhabitants of the towns of Peru and Canton, in the county of Oxford, in the State of Maine; which petitions severally pray for the establishment of post routes therein described. Ordered, That the said petitions be referred to the Committee on the Post Office and Post Roads. Mr. Baylies presented a petition of inhabitants of Indian Key, in Florida, shippers, underwriters, masters of vessels, and others, interested in the commercial and wrecking concerns of the Gulf and Reef of Florida, praying that Indian Key may be established as a port of entry and delivery; which petition was referred to the Committee on Commerce. Mr. Edward Everett presented a memorial of Nathaniel Niles, praying to be compensated for services rendered by him as chargé des affaires of the United States in France, subsequent to the departure from that country of Mr. Rives, the låte minister; which memorial was referred to the Committee on Foreign Affairs. Mr. Briggs presented a memorial of inhabitants of the State of Massachusetts, praying that a law may be passed extending to parties to actions in the circuit courts arising under the patent laws, the right to a writ of error, or an appeal to the Supreme Court, in cases where the sum in dispute exceeds five hundred dollars; which memorial was referred to the Committee on the Judiciary. Mr. Edward Everett presented a petition of John C. Fitzpatrick, praying compensation for work done by him at the National Penitentiary, in the city of Washington; which petition was referred to the Committee of Claims. Mr. Dutee J. Pearce presented a petition of Robert Coltman, John W. Walker, Benjamin Harwood, and John R. Harbaugh, of the city of Washington, praying additional compensation for damage sustained by them in consequence of the non-execution of a contract for the erection of a marine hospital in the city of Charleston, in the State of South Carolina; which petition was referred to the Committee of Claims. Mr. Barber presented a memorial of officers of the army of the United States in the late war with Great Britain, praying that an act may be passed granting bounty land to the officers of said army; which memorial was referred to the Committee on the Public Lands. Mr. Barber presented a memorial of Captain Benjamin Morrell, in behalf of Captain Edmund Fanning, whose memorial has heretofore been presented to Congress; which memorial was referred to the Committee on Naval Affairs. On motion of Mr. Huntington, Ordered, That the petition of Mabel Seymour, presented December 28, 1830, be referred to the Committee on the Judiciary. Mr. Philo C. Fuller presented a petition of Solomon K. Chamberlin and Sarah Chamberlin, his wife, of the county of Livingston, in the State of New York, heirs at law of Aldrich Wiley, who was a lieutenant in the revolutionary army, praying to be paid a balance which stands on the books of the War Department to the credit of the said Wiley; which petition was referred to the Committee on Revolutionary Claims. Mr. Fillmore presented a petition of Isaac Knox, of the State of New York, praying for a pension; which petition was referred to the Committee on Invalid Pensions. Mr. Fillmore presented a petition of John H. Quackenboss, and a pe |