The enquirer. [volume] (Richmond, Va.) 1804-1815, 1804-08-04
ENQUIRER.
RICHMOND !.
SATURDAY, AUGUST 4, 1904

THE important proceedings OF the French
government have occupied too great ihare of
tins paper, TO permit the inlertion of the Hid
number ON the Tendency of Banks; it ihall be
Pubhihed IN the next paper. The reader is de-
fired TO correct a few errata which appeared in
the ilrit and fccond numbers on this fubett.
1T. In the frIt number, Stock and Capital are
made anonymous. Mot of the readers who
have coniidered the extract from Smith &c on the
Divlion of Stock" will rccoieGt that capital is
a7ius ttock only. Hence the expreilions intro
duccd into the frf number OF "na6tive CAPT
tai, dead capital" are obviouily improper.
end. After having iet out with dividing
the great prelequihtes of wealth in every civil
lied fociety, into its land, its h0bo~r and its ca
Pital; the B!iay in one its iubfIquert para
graphs obcrves, that the CAPITAL of an Individual
may " lie in the form of lands :" thus appearing
to make land one OF the branches of capital, az
ter having laid down determination between
them. The proPriety of this determination,
however, which is made by mott of the politi-
cal Gconomits, and particularly by Adam
Smith, may admit of fome diicuihon. 1t may
be well doubted whether land ih0ud not be
conidered in icveral important incidents Ito ufe
4 legal prate) as one branch of the flock of
country; and whether the rent of land may not
be contiered, not as the profit OF flock, but as
the mteref of capital or money.
Sd. In the 5th paragraph of the Cd. number
: " the quality of exchangeable commodities is
uied initead of GO the quantity of exchangeable
commodities"
4th. The capital of the bark of. Virginia is
made by typographical miaake to be only
"l5o,ooo dollars" infsad of &c 100000 dol
lars.''
5th. In the 18th paragraph "the faving which
the bank locations" is iaid to be " equal to the
difference, between the ex5saee of originally na4
nutatturlng and afterwards maintaining the
s0boLe OF Its paper, and the exbcnee of keeping
unemployed in its Golfers an actual fun in fpe-
Gle, which is equal to fzvo-tbirds only of that
paper :" whereas every attentive reader we'll
knows, that the fpecie in the bank is equal to
one-thrd only of its paper.
The members of the &c Mutual Anurance
Fire Company" who met at the Capitol on
| Monday and Tuefday, came to reiolution,
| that no new requiitioa fhould be demanded of
| the fubfcribers, to difcharge the claims of the
! iuiferers at Norfolk but that the flock, in
which their funds have been vefted hou!d behold
and appropriated to this purpofe. Several OBJ
Jections having been made againft the preient
| rules OF the aiiociation, committee was ap-
pointed to examine its contribution, and to re-
port any amendments which they may deem
necefiary or useful.-A fketch ofthe nature and
defects of this inftitution, fall appear in iub-
fequent number of this paper.
| The Editor returns bis thanks to COLUMEL-
La, far bis oberUations and adUiee, and perfect
y agrees evitb him in tie opinion, that jeiea ee-
! tracts from THE Physiological of Darzvin, zuiH Be
extremely Vainnbie. Wbsn be has time to ae-
company them evitb j4itubie notes, they I5aN GER
| tai1ly be pubiihbrH -
| DNNabADrr,r
Scarcely" fays the Legislative Body of
France, "Aas he numbered thirty -four years, and
! the events OF his life are more wonderful than
the fables, with which hifory has firrrounded
the cradles of ancient Dynafies" For once at