Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1812-01-27

III the said new ianS, and the SANG right @
scrutiny and contrOl of its operations, as tn,
State now mas and exercises over the pre
| sent Bank OF Virginia and that the Presi.
| dents, Directors, and all other officers Of fhc
said new Bank shall be appointed. --and the
! affairs OF the same, and OF its branches, be 90
vernctl, III like manner as those of the pre-
sent Bank If Firginia'--.
and The question, being put on the said
| motion to strike out was. decided in the at
hrmative.+Ayes S8.-NoSs ~.
The said substitute, being twice read, was,
on the question put thcreupon, agreed to by
the House.
A farther motion was made by Mr.. Leigh.
lot Dmwiddie,) that the House come to the
following resolution:
ReanfOcd, That the branches of the said
new bank shall be established, as the stoc,,
shall be sold, i'll the following order, viz. so
soon rs shares shall be sold, the
eS,'pch Mt shall be established 90
SO soon as shares more shall be sold,
l"S o'ahcH7ht snail be established
-. so soon as shares More hal! DC
s0td, Sie branch at shall be esta-
bished lastly, when the residue of the
stock shall be sold, the bank shall commence
rs operationss III the way of discount, depo-
SIT and accommodation, at Richmond /: but
the said new k,nk shall commence its oDera-
lions 1T Richmond. without delay, SO far as
may be necessary for the organization OF the
branches" -.
The said resolution, being twice read.
was' Oh the qaestion pat tbereupon, agreed
to by the House.
On motion Of Mr. Lee (of Norfolk DO
roughly
~ hr al.
craw the petition of sundry inhabitants OF
Norfolk county, praying that bank be es-
tabliShel at Portsmouth
Ordered, that a bill be brought in, confor-
mabiy to the resolutions of this House, OH the
subject OF establishing a new bank at Rich
mohd, with branches at Lynchburg, Nor
loik, and Winchester and that Messrs.
Armlstead, Mercer, Leigh, (of Dinwiddic)
Scott, (of Fairfax Lee. (of Norfolk DO:
rough) Magill, Lynch, Stanard, (of Spott-
sylvania) Otcy, Machir, Reveley and Va
shon dc prepare and bring in the same.
The Committee of Finance made their re-
port to the House on Saturday 1t concludes
thus:
Your committee communicate with grea.
pleasure the improving state of the finances
OF government, that the taxes though light
@ III considerable, are commensui ate with ali
| the necessary purpose of government.
Your Committee also feel a satisfaction in
stating, that the cmbarrassmen.s heretofore
experienced by the treasury, arising from
| the temporary deficiencies of our resources
have in no instance been felt during the last
year The cause OF embarrassment has been
gradually diminishing for some time past, and
your committee feel = confidence that it will
| be entirely removed in a few years, without
additional taxes.
Your committee suggest the proprety OF
charging the literary fund with such sums OF
money, as may hereafter be demanded of the
treasury under ANY existing law, for the, ex-
pense OF the prosecution OF any fine, forfei-
| ture, penalty, escheat, or any other claim,
which II recovered would be applied to the
| literary fund.
Resolved, as theopinion of this committee,
! that 1t is unnecessary TO raise the taxes tor
| the present year.
From the Savaanah Republican, Of Jan. 9.
The following note was this morning re-.
| ceived by the collector of our port, from the
French vice-council in this place.
SAVANNAH, Jan. I, 1912.
The Vice-Council of France, in Savannah
to MIR. A. B. Bulloch, Collector of said Port
| OF Savannah.
Sir,-From the odous encroachmen,
committed in this city, on the flag and the
subjects of his imperial majesty, having
proved the nullity in which the French con-
| sui is placed; in order to fulfil his functions
and protect the French subjects, have re-
| ceived orders to retire.
when this Inwarrantable crime shall be
| "a nv OF.
will be re-established, with the respect due
! by all civilized nations; when, finally, the
authorities of this port will be able to offer
security TO vessels, and to the subjects of
France, 1t is probable that shall be order
ed to return and Continue my functions.
Your most humble and obedient servant,
LIE MAROISo