Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1811-01-29

part CT that report " Is stated, tnat ~
was believed that ilse Rets rsvenue a.
rising from duti-s would nor fall short
OF 10 Goo 600. m king for the las, quar-
ter o. rs %, che sum OF 4, 500 eco, ia-
s-esa Of 100000; and JUDGED when
tie time when mportations re CONF
mvnced i, recolicc,ed, and that they
have from thence TO the present been
as grea, Of foreign merchandise, il not
greater, than az any former period for
the same length OF time; when iii
considered tina, large portion Of the
duiss did become PAYABLE during the
last quarter Of 1910, it cannon be. as
serted thar the expectation Of receiv.
Ing a n:tt sim of 4,5O0, 600 dollars was
unlopnded. The sane causes wi |
certainly warrant the expectation of a
sill larger receipt of revenue In the
ms, quarter Of 1911, kut taking il at
tbs same sum. and taking from it the
receipts after the frstof March, would
leave for the receipts 10 the first of
A1aroh, 100000 dolls. making To-
tai of receipts to The first of March,
Of 1000 900 dolls. from which deduct
ing 2 mon his Of expenditure, amount-
INC tor current expenses and interest
ofrublic debt, TO about $3.50, 900 dolls.
wiki leave the sum in specie in the
treasury of S $40. coo do,is.--this sum,
with the d. posit of BOMBS, will not be
much short Of 100000 dolls.
+ In another point of view, Mr.. L..
said,it might be important to IKE i'm.
mediate steps fer the removal of the
specie deposit. d, from the u. States
hank ; il might aid the banks into which
It would be Deposited, III aGcrding the
accommodations which the present
state oimercantile resources had made
Sc necessary. This deposit could not
DE less for some months; and even af-
ter paying the money borrowed from
the United States hank, which might
as web be dcne tomorrow as any other
time, would leave surplus of nearly
B 5000. 900, on the fist of March.
Mr. l.. therefore submitted the follow
IS resolution, which he read, and ask
~ oltSulSS TIC DU ttlS IaDiS.
Resolved, That ie is expedient to
repeal SO much oil an act passed the
10th of Nav. 1890, as makes it The
duty or Certain collectors TO deposit
Tor collection in the bank Of the Unit.
ed States or any OF It's branches the
bonds taken By them for the payment
OF du'ies. And ma. it is expedient 10
provide that the bonds or money now
deposited in the said bank & its branch.
les may be Withdrawn.
Mr.. Newton reported the folio VA. =
biM:'
d BILL 10 remit certain fines, penal
ties and .forfcifures.
"BE it enacted by the Senate and House of
representatives CT the United States of Anne.
Tiea, IN Congress assembled, That all fines nc.
nalties and forfei,nres, incurred in the follow
ing description or cases. 10 wit: first, OF YES
sells which have entered a British port since
the tenth of June last, or which mayhereafier
enter such port, hswns sailed for the same. be.
tore informant n o. the proclamation oftbe ninth
ot august one thousand eight bundled and
nine, had been received at tile por, Of depar.
ture; so far IS relates 10 any forfeiture or pc
WHICH ihhN accrue or nave accrued. bv
reason of their having thus entered a Brush
port Secondly, of vessels which have arrived
either from British ports, or with British mer.
chandize 10 the United States, subsequent 10
the tenth or June last, and also Of vessels which
may hereafter thus arrive, ha1ing sailed for
the United States, before information of the
Proclamation Of the nth Of August, one thou
sand eight hundred and nine, shall have been
received at the porI OF departure so far as re,
= tn nfa tnRfa IA
having arrived or arriving in The United States.
from British ports or with British merchandise
And thirdly, OF vessels now owned by citizens
OF the United States, and sailing under the A.
meiican flag, which, being in foreign port. at
the time when the proclamation Of the ninth
of. August. one thousand eight Hundred and
moe sh;.ll have been known at such port shall
IN forty days after knowiedge of the said pro.
olanation depart or have departed thsrefrom,
aud retained .Withodt delay TO The United
states 80 FAR as relates TO any forfeiture or
penalty accrung from i!reir arriving in the u.
m'ed states from Brush ports or with British
merchandise, be and the same are hereby re-
miredj any law to the contrary notwithsiand.
ing"
The blu was twice read and referred
to a committee Of the whole.
MIR. Mitchell made a report from,
the select committee appointed on the
12th ID cember, 1910, for the purpcse
OF revising aud smsuding the patent
laws. The report is by bill. This
bill cops;s,s OF abpu, twenty. sections,
and is revision Of al the acts now in
force relative 20 intellectual property,
with such amendments rs experience
has sugges'ed.l Read a first and Sc
con- time, and referred 10 a committee
Of the whole.
NJ ~