Jacob Swoope,

Samuel Taggart,

Benjamin Tallmadge,

John Taylor,

John Thompson,

Uri Tracy,

Charles Turner, junior,
Jabez Upham,

Killian K. Van Rensselaer,

Laban Wheaton,

James Wilson.

The question was then taken on the first member of the motion of Mr. Swoope, to wit: to strike out in the ninth line, first section, from the word “next” to the word "share" in the sixty-second line.

And determined in the negative.

The second member of the said motion failed of

course.

A motion was then made by Mr. Love, and seconded, to amend the said bill by striking out the following words contained in the first section thereof.

That the act, entitled "An act to incorporate the subscribers to the bank of the United States," passed the twenty-fifth day of February, in the year of our Lord, seventeen hundred and ninety one, subject to the provisions and conditions in this act to be made, be, and the same is hereby continued in force, for and during the further term of twenty years, from and after the fourth day of March next: Provided, That the president and directors of the said bank of the United States shall, on or before the thirty-first day of December next, pay into the treasury of the United States one million two hundred and fifty thousand dollars as the price and equivalent for the renewal and continuance of their charter as aforesaid; and the better to enable the said president and directors of the said bank to pay the said sum of money, the said president and directors of the bank of the United States shall be and they are hereby authorized to add to the capital stock of said bank two thousand five hundred shares, and to sell and dispose of the same at such time and in such manner, and at such price as they may think proper, and for the most advantage for the interest of their said

company: Provided also, That the said president and directors of the said bank shall at all times, from and after the passage of this act, and during the con⚫ tinuance of the same, be bound and obliged to make a loan or loans to the United States, if required and authorized by law, of any sum or sums of money not exceeding in the whole at any one time five millions of dollars, and at a rate of interest not exceeding six per centum per year: Provided, That it shall be the duty of the Secretary of the Treasury of the United States to make his application in writing, to the president and directors of said bank, for such loan or loans, at least three calendar months previous to the time when such loan or loans shall be required; and that the said president and directors of the said bank shall not be required to make a loan of more than two millions five hundred thousand dollars during the present year, nor more than the last mentioned sum during any other year: Provided also, that the president and directors of the said bank shall, from and after the fourth day of March, eighteen hundred and eleven, pay to the United States an interest at the rate of three per centum per year on all sums of money above the sum of three millions of dollars, which shall accumulate to the credit of the treasurer of the United States, in the said bank or in any of the branches of said bank, and which shall remain there for one whole year: Provided, That it shall be the duty of the Secretary of the Treasury of the United States, from time to time, to give notice in writing to the president and directors of the said bank, at least sixty days before the term or time at which said interest, to be paid as aforesaid, shall be considered to commence and begin to accrue: which notice in writing shall specify the precise amount of the deposite so to remain for one whole year as aforesaid: Provided also, That the United States shall be authorized at any time during the continuance of this act, to increase the capital stock of said bank in such manner as may hereafter

be prescribed by law, and for which the United States shall become the subscriber and owner, to an amount not exceeding in the whole

shares, and shares:

not exceeding in any one year Provided, That the shares thus to be added and sub. scribed for on behalf of the United States, shall not be sold by the United States at a price less than

for each share: And provided also, That nothing in this act contained, nor in the act intended to be continued in force by this act, shall be construed to restrict or prevent the United States from incorporating any bank or banks in the district of Columbia: Provided, That any bank to be incorporated by the United States, in the district of Columbia, shall be restricted from extending any branch thereof beyond and without the limits of the said territory."

For the purpose of inserting the following:

"In case no law shall be enacted by Congress before the fourth day of March, one thousand eight hundred and eleven, authorizing the further continuation of the charter of the company of the United States bank, the said company shall notwithstanding be authorized and they hereby are authorized, to continue for the space of two years from that date, their loans which shall on that day be in existence, by renewing the same or otherwise, in the manner now practised in the said bank, and the branches thereof, to sue and be sued, and do all other matters and things which the said company is now able to do: Provided, That the said company shall not issue or alter any bank note signed by the president of the said bank, or in any other manner create or alter after the said fourth day of March, any note or other currency under the authority of the said company or directors or any of them; and that after that date, the notes which may be in circulation shall not be receivable in payments due to the United States, unless made so by a law hereafter enacted."

A division of the question on the said amendment was called for,

And on the question so to strike out,

It was determined in the negative,

SYeas 34.

Nays 73.

The yeas and nay's being demanded by one fifth of

the members present,

Those who voted in the affirmative, are

William Anderson,

David Bard,

John Love,

Alexander M'Kim,
John Montgomery,
Nicholas R. Moore,
Thomas Moore,
Thomas Newton,
John Porter,

John Rhea, (Tennessee)
John Roane,
Ebenezer Scaver,
Samuel Smith,
Henry Southard,
Richard Stanford,
George M. Troup,
Archibald Van Horn,

Thomas Gholson,

Peterson Goodwyn,

James Holland,

Robert Whitehill,

Robert Witherspoon.

Nathaniel A. Haven,

Benjamin Howard,

Jacob Hufty,

Richard Jackson, junior,

Robert Jenkins,

Walter Jones,

William Kennedy,

Philip B. Key,

Herman Knickerbacker,

Joseph Lewis, junior,