Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1812-05-25

| And the House adjourned to tomorrow.
Friday. May Is.
| Mr.. Newton reported the bill from the seas
| ate to- admit the entry of vessels of the u. 3.
| on.certain conditions, without amendment; 81
| 1t was referred to = committee of the wholes
| Mr.. Gholsnn, from the committee of claims
to whom was referred hebill from the Sen.
| ate for the relief,of Thomas and William
Streshlcy reported the same with an auieRd-
, ment which was agreed to, aud the bill oss
! dered to be engrosscd for a third reading.
Mr.. Gholsoa. from the same committee,
reported the bin srom the Senate for the rex
| iicf cf Ninian pinkncy, without amendment
which was referred TO committee os the
| whole.
Mr.. Newton made a report on the resolus.
ton directing the committee of commerce
and manufactures to enquire into the propri-
ETY. OF atfording relief to the inhabitants os
TeneriHc, stating that in the opinion Of the
committee the proof was not sufficient tG
authorize them TO act on this subject.
Some conversation took place on this
subject, which did not however cventuatc
in any motion The report may therefore
he considered as conclusive. Mr.. Newton
aad Mkim stated that great doubts were
entertained of the correctness of the .ntors
nation from Teneriffe, that even by those
who brought it the price of -four was stated
at only 30 dollars per barrel, very little o.
yer the usual prices that the coast of Bar
barry, hne wheat country, was not more
than 100 leagues distant from Tenertffer
whence ample supplies could be obtained I.
that the distress existing at Tenerifte, pro-
ceeded more from a prevailing sickness
| than from hunger, sc. Mr.. Gholson and
Mr.. Randolph expressed desire to have
detailed report, and stated facts which
4,
to believe that great distress actuly existed
| that the narrator, captain Adams, was sta
ted to be man whose statements might be
relied on and that further enquiries
should be made into the facts, &c.
The bill TO authorize the President of the
United States TO ascertain and designate
certain boundaries, was read q third time
| and passed.
On motion of Mr.. Cheves the House re
| solved itself into committee of the whole,
/ Mr.. Nelson in the chair, on the report CO
the committee of Ways and Means on thI;
petition of the collectors of Baltimore, PHI
ladelphia, Norfolk and Plymouth, and the,
naval officer of Mets Bedford, praying fuis-
/ Their compensation for services rendered.
| The report, which is unfavorable, was az
| ter debate, in which Messrs. M'Kini, New
ton and Little opposed, and Mr.. Cheves
| supported it, agreed to by the committee,
reported to the House, and by them con-
Cured in.
A bill in addition to the bill regulating
the collection of duties, SC. reported by
the same committee, was ordered to bA
engTossed for third reading.
| The Houe again resolved itself into q
| committee of the whole Mr.. Breckenyialee
in the chair, on the bill for the relief OK
Anna Young & after some time, the House
adjourned without having decided on the
| bill.
Monday, May 10.
Mr.. Rodman presented sundry petions
from the interior of Pennsylvania, againas
the embargo which were ordered to lie
| on the table.
The following letter was received from
the Secretary of the Treasury. through the,
hands of thu chairman of the committee of
ways and means:
| TREAsURY DEPARTMENT,
May II, 1915.
Sr-Subscripton were opened on thu
first and second instant, to the loan of ele-
ven millions of dollars, authorised by the
act of the 14th March last, in conformity
with the enclosed notice (A.) II was Left
optional with the Banks which were disDos-
ed TO subscribe, either to receive stock or
to loan the money by special contract. Tho
enclosed circular letters (B. &. D.) sho,y
the Instructions transmitted, and the man.
ner in which the proposals were made Z,
the several Banks. IL vas thought most e.
ligibie not to limit in any place the amouns
OF subscriptions to any specific sum, for
which reason the loan was kept open only fof
two days, in order that the general resuIf
might be ascettained, and a reduction. e
necessary. be made.
All the returns. have now been received
and an abstract (E.) is herewith transmit.
ted. From these 1t appears, that S6.11s-
900 we're subscribed IN those two DAYS. viz .
S 100000 BY Banks, and 1928, 600 by in
Il dividuals. This last sum is greater than
the aggregate Of all the loans al 6 nerc cent
ever before obtained by the government from,
individuals in the u. States - and. cons
/ dering the price of stocks, and various oh.
stacles which at this time have impedee
the subscriptions the amount is as grea,
as might havebeen expected within SO shor,
period. The unsubscribed residue wiz
now be apportioned among the several pla.
ces, according to the apparent demand In
| -
The only two six per cent. loans oh.
tanned from individuals in the u, States I,r
this government are, 1. On account Of thS
loan OF 100000 of dollars, authorised b.,
act OF 81 May, 1876, one half Of which -
was advertised for sale for several weeL,
? without any offer being received and :
which, at last, only 80, OOodollars were ell,
E at private sale 2. The NAVY 6 per cor,
s loan, authorisAt by act of June so. 1zCg
winch made the money subscribed applica
e Die on the spot, 10 a favorite object. and lei
r he management and publication OF the m,
7 ~ the hands Of the subsc ribers. The !.
Mount ot this stock issged, 10 The whole. v7a