The enquirer. [volume] (Richmond, Va.) 1804-1815, 1806-01-04
Obj Gnqa'irfr.
NICHHOND, 4t5 J1fNUARr.
HOUSE OF DELEGATES.
Monday, Dee ss.
OF THE BANK OF Do
TOMAC.
RFCHVOND, 4f5 Y1NUdPT.
mr.. Lore rose in repyt TO Mr.. Sm,ts..


mr.. Loe'e rose in repLyto Mr.. Sm,tk,
Mr.. Chairman,
NEE" NOT tel th'' committee with what re!uSea,..
tn am forced to reply at this time to the ayo,,.
hents offered by the gentleman fro,, VIII gu
o"''on to TIE bill te!ore you They are arcvrn.n..
e"nfeis which had COZ tenpiaed n ror,,;,
any par OF the ubjea before US and therefore do M,
eel mv'e prenared at this tpeto treat them th ,h,,
f'pect, which more correct view of the fnhj g RIA,
nave h.he'to been able to take, mtht induce me 70
TO: fear, fir, that the reply IhI:l box.vr h.
obliged to make in detail 10 the obf.rvz,:ous b:s
We nave jntt heard, will occupy 70 much TIM. ? -
roduee necel'ty for the exerce of a great e.,r,n
Il patience III this conTnittse-or fr gen, a., car
any make po nts. by placing fingle pro?oE.:ons /.
INJURIOUS attudrs--but ne Who iisll anf1er them *
nfwer them fatisfa oriIy nua while h NAV 49,,
hcir abtract proprety. fhnn their relative false
hall take up the p-opofrions offered fer orr e,ri,
ration IN the order they placed before us ana
without pretending a. this time 10 advance ,r;,.
pie IN uopr-- of she hill cosf,e nlyGpls IN renv
The gentleman has irit tated his Ollie loo to b,,,,
IN general, and this propo'ition followed nv fh
million that the principle beag fsIaioned and m,
mcclure introduced, the qpetior may by so.,,e he
thought to b: fefrled; Yes Gr j, il I.,,eJ II c.,
repeated fenfe 81 community on lriicle m, C,t
the principles OF It. w the year 1872 Vr, MA al
nhtted the crFediencY Of the r,eafi,y, H., ,,r,,,;
eharter TO the Alexandria bank in 1875 In, IN 20
iaile way repeated her c1prslIion of the nd ,iIi;
OF the peaure. In the fame year IRE rei,e,a,.d ,l
lame kind OF exprrfion by permitting III. erah,,h.
ment oil branch Of me ". States hark 4, E,.t,ll
ana hna'y the has made the principle her own h r.
grating the fytlsm of bar KS into her oovsr,,, n, :
ieii' She has weoded herfef to tbs fyd,,ns,,d No
thing pow, iir iha i'rarae her from IT, bit h,r ca,
Initial DEATH or the death of tint credit which Eorn.
vital par, of tie ezii,-ues ola fa,e
Fhefe truths, rho a,irit,ed sn mo, v,tI,n .,
lay are omr'nvs OF good US, yet i ever neceiTJ.
could warrant departure from, prncple. tha, ,s.d
hty exHed in eTcupa'ion Of Virginia. Eu FIR. 40.
Prornhed .o confine myfef finely to the rpy.
WEI then told. that to encre n. The G,,s,, :; .
enereafe the original evil. Happily TO- me. G., RE,
gentleman hinitf in illu2ra'ing tia, part of rho ,
gumsnt has furf'iiled the ben nears Of rsG,,,,;c,
IT. The example hs furnihes u.s. that derives from,
ocety the captai better EMPLOYED In o,hcr .,,,,,a
This then Is the queaion does the onor,,;,r r III
draw from fociety capital, - ""'@'
why, iK, have always heard tina, hanks vver, IN.
ttuted for the purpofc Of In.Siyp focety vi,b ca
P'tal--tfow 10 this doDei An innitu,;,n e .e.tss
which by the advantages il holds out to NAMED men
produces adventurers Of that difcrptoo IN il !, d.
the dormant inactive capital from the hand, Of ,bs
man whole induitry has enabled him tn aecumnia,.
fun, and who has been waiting for an opportunity ,
iay out his money advantageouny-Th fpe.;. Whit
lay dead in the chefs If the rich Il plaeed in G,,
ton, IN bank where ts influence is 70 much G.,,
that on common principles Of Calculation IL ia n,,I
70 reprelent a medium TO twice the amount Hov
then, IS this capital drawn from fociety. Il isdrawn
hr INTO sciion and with an advantage which gives il
double weight in the community.
have promifed to eudeavour IN ,ntver ,Lo co..
'!eman IN detail but uvit shsu be pssdae,., u,