The enquirer. [volume] (Richmond, Va.) 1804-1815, 1806-01-02

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resolved thae It would Be injurious to become s,uc,
more s't'zens Of Virginia Il is beca,,e they shins
ehey HANG on hyperion ground il is b~csufe t,ry
appca 10 os III ii,uatios,, THAT nakes rls,, ar, OF
OF envy TO or citizens lst propcs therefore 70,
the LesaasSre Of Virginia to place then, ON Oil
more s;'vrieie ground They lave declared tina.
their ii'iston ia he.ter ,han our own. Tn, nroud
is from the lips of men, who ar, i, fac,
nfni's mare than RE vafIais of the federal govern
ineh' men VINO have given up every POLITICAL right
de1T to rcsabicaus. After HAVING tb.,,fore
dssraoei the rights of our cisizsns by fueh obi.
o"' c'nparols, with what grace can thew nav con:e
,o"a'dt 70 focit faver at the hands Of the Ie,;i.
iatnre otViryr;a
There are aifc f,rong objections to the eontu q
oy the ttockhoders and directors oe the ban;<
OIL rotoTac There law Of Virginia. matted
as Tar back ms the year 1885," to prevent the e;re
,a'on Of private bank no:es." But how did RI.
oa's OF Potomac atf ?? They evaded tb. prov;,;o.s
OF r;at act they did not make their notes nav,he 20
Bearer" as bank notes Away. are, hue thev n, al.
.ne payable to the Gather, and By Ms indorfa,en,
tnsy Were made PAYABLE to Bearer. To arren ,l,i
oerauding plan, the Legislature \, It's Ian FELTON, pa.
ca at, as to prevent the circulation of ruch notes
LA 'ne bank of Potomac rrfpea this law apy more
'hsn the other! Do they not Fia circulate their
n"es! Let gentlemen from that part of tbr ropp,rv
an'~er: Do they not ftil perfevere in con,emn, of
ti'e authority of Virginia Here then is company
uout ANY cnar,er, Unlimited IN the extent of their
eapnai violating the law of the rate; and vet do
'ney come forward ak ,Re Legislature 90 iep sf.
'hcT proceedings. They do nor her,a,e 70 ak a re-
ward although they have acted with the n,off iove
reign coniemptof rleg1ative
''anoing the general Objection which MAY he urr-d
agai.iit the banking fyem it houd peaie the houi.
10 e"sonih bank in that part ofyrginis Why then
II {" this ie,f-copittued, this illegal aociation
why not open iubicriprion once and enable eve
" h,ah to participate Of It's privileges!
me jd2,b objection, which Mr. Sny,h faid, he
nad to th. bill before the committee cro!. from, the
provons of the hill it.iF. That bill does not irnp.ir
,he articles OF aiiociation entered into by the o,k
hs'iaers oil the Potomac bank. It cannot alter :,r
impair contracts. On the contrary il ex.
s'sly recognfes that aGoc,tion and the articles that
hiid 1t together. The hill before The committee in
fat goes no farther than to invite them 70 remove
w'sln the limits of Virginia Even fuppofe this
vita.ion was accepted; even fuppofe they fhouid
THINK proper to move their houe within the Fate fill
tin' would make no very material danttion Their
directors would till live in Alexandria: They would
ti' be beyond our jrifdiaion. Would il then be
iecorous Tor the Legislature Offer them charter,
WINCH they may think proper refuf.l But this is
not the only evil that may reult from the prefen bill
by he latter iStions OF that bill the egA .ture prses
heir notes againlt all counterfeers I, gives them
Credit and circulation and whoa, il this privilege
conerded! To an afociation of men, who are mimi.
cal us, upriend'y the political principles Of m.
'tate, to men who beyosd our juriidiaion
and o2c OF who's, is believed to he thp Britiih conf
Mr.. Smyth concluded by expreiIing his hone that
the tlrh iestion of the bill would be i}riken out
(D=.ass 10 be ssn!inreG