The enquirer. [volume] (Richmond, Va.) 1804-1815, 1804-11-17

eake any o'her "hen that was offered. IF iris
is 40, why has there cern n moment. ,,slso
=; hnce the qne!tion was FIJI agita:cd . Or whv
mas IL oSen inhauatea taat the trade and DEAL
inys or Virginia would not be f,frcient 20 en-.
| pioY the capital ofthc Bank? II the c,r,i.si !,
roo hr-ai, the legislature " liz ether increaf- Il:
or grant another Charter.
Let it be remembered that the different
branches OF the BaDk, may lend i:aie ? rni!li;o,
OIL aoiiafs per week. II rs likely shat Tobacco
viii be received as ceco,its A, the average ,f
about fifty dollars per hid: if 70 it viii REQUIRE
nlnety thou!and hos:hesds OF Tobacco, 10 en-
pioy the whole capital. 1t Is we'll known that
tne chief advantages which are derived by the
ooacco merchants, proceeds from fhir,neut,
TO foreisa ports. The hogiheads which are depo-
hted, cannot be fhipt until they are redeemed,
either by the payment of money or by depofit.
ing Other hogiheats of equal value; how then
can it he pretended that the capital of the Bank
may be engrotled in this way Can any man
or common understanding believe that ninety
thouians! hogheads of Tobacco, worth at leaa
Tx million of dollars will ever Be- depoii,ed in
the different branches ut one time. Would NOT
the owners lo!e til ufs of all the difference of
cspita! between the money borrowed and The
aetna! value?
Inc depohtng of Tob7" % notes, will give
great advantages 20 thofc who cultivate that an.
ticle. 1t will enable him by renewing the loan
10 potpone tales until they are fatisfed with the
price, II VIII ALTO enable other men, whole ere.
CIT nor e,IaoNihed, to become competitors in
the purchaiing market with thofe whof.. fame
has gone abroad and it will prevent a mono.
poly or anotheriort, that is combination of di-
rectors, tuch as lately happened at Norfolk, 10
divide the SFeattt part Of the capita among
the'ntelves and adherents.
1t is not infatuated that the Directors of the
bank OF Virginia had iuch combination in
v'ew-So far from it their refolutinn to take To.
bicco as 6epoiit proves the contrary; but ma
another election will foon take place, it feems
nece!!arv. that this important queffion il,ouId be
wen rnaerttood, 10 tba. the fockholders and
theF agents may be able TO Judge between
Trends and foes, and vote accordingly.
we are informed that the n,eiIa,e of ,he prcGdent
WAS accompanied by various documents, among WHICH
were:
l. Extract from communication from Don p,Sro r.
caoI, intinratng that the king Of Spain had mill
d'asUn biz obb9titfcu the ceilion Of Luufana nv
France to the United States.
2 letter from the marquis Gaia Yrujo, accompany
ing the foregoing communication.
y A proclamation of the PRECEDENT u. S. Determining
fcrt Stoddert 70 be the port of e,try ~ he
Mobile, in Eafern Louifiana
+. a report concerning the lead mines IN Iouiiana,
Eg;oro.
The !chr. Pole, capt. Buih, which went TO
Montog 10 meet the Britifii ifips of war can.
der and Cambrian, returned a!} evening. By her
we learn that the above ihips arrived within ie.
ven leagues OF Montog on Saturday evening, and
Wou'd have feen the Frenchrcr 60 out on Sun
day morning had the weather been clear. The
Frenchmen have thus Ito afe feaman's phrai;.l
made their efcape in a fog. The Leander and
Cambrian anchored in Newport harbour on
Tueiday night, and failed the next morning fer
Halifax where the Policy left them.
We have Tome doubts of the accuracy of the
information of Jerome Bonaparte's having failed
IN the French frgates. 1t is of little confluence
however, whether he has or has not.
~. I. Mer I'm,