The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-11-04

p''Ns' "1 ser, gong e'se beiJugng 20 tiSi oilVe,
were SAVED on The hte neurspo the eneur a,o this
city, and that al the booSs and papcx ~as.sv m tie
oiee Oh the accountant Oiti,a, tic n,r ~s,rs
exec the papers relating TO scconu;s sett,d and
l-Suls'hitted u the Treasury y ,areuent.
No. Cfcf.on q Ia. i,rOduved INTO tie house ~,ha
tew appropriate o'sery .tOes, tie towing res u,.ot:
!Sesstsiaon requesting tt, Ies4seaf otrSe l. g. 10
.eceatS'eHd a dog q ps6ic i;iini 1S@lo', f;.ss onG
IL being aduty peculiarly incumbent, ia time sof
pubic en- amt ana war; humbly ami dc, gully To re-
k'oN'edse our dependence ON Atnghty God, and TO
lnp,ore las AL and projection. Therefor,
feSotVsd, by the Senate aid House OF Renresents-
tNse IN Congress assembled, Th.ta Joint committee of
hoh iouses wait OF the Pesdeut OF the Uui,ed States,
ana request hat ie amend ta, of public i,umii.
Iol, prayer AID tasting. 10 be- Observed by the Poo
p'e OF .he onhe States, with relgi soleuniy aud
the otiilg oi ierNeat supp,iealiouS to- Aln.iv Cni
''i thc SAFETY AID welfare OF these states his blessing
o" T Tsn arms aud SPECIFY restoration of peace
committee OF tl,e whole house.
he hs,iSe resumed toe consideration ola resolution
"uers" q few days ago by FIR. Taylor cf Nes-york,
when wac agreed TO IN the following woyls
hesoiVed, thst tie schSlng com uittces Of tits
House. and also the eyt eomm,si Is the
Eist Gay o. Sopten berast, the S.e, of the Pre-.
dent {" the u"ed States. have leave TO report by
THE WAYS * MEANS
Inc house. according 10 tue order at tie iay reso,
Teo ltse: into acolani,tee OF the wlo!c Alr Mason
o. 'T m the chair, the bill 10 a1iLorse loan not
Mr. ht3es IF ~; moved &c Ell the hlanl, for The
amount 10 be borrowed, w,h three inihosts The s.
crea ot the Treasury had recommended ia ms let
,e arger sum 10 be borrowed byt s,nc. that letter
hat ceeti vritten it ssevts,d that three OF ,hcsN
nlio1s oil stock proposed lie sent 10 Fa,,op, p sale
bad no yet leit the country 3 te President hadlttsr-
niued % retain IT. The retention uf this stock roa
the market would, by % nluch rs its amount ,7,,e
Tie addionai aInonnt Necessary to be author;z Il |;
was IN 'rciore determined 10 ak only fcr tses n.o.
I on this occasion.
| The blank was fl!cd accordingly.
nh. Groste1;sr of.E l. u.,St,d IN arpend the Ia,
! ey st.timS thereto The frllowi,g niov.so
| Hf01a'ied also, That in making the oan antlo.i.
scd BY this bin, the President shalt in no case and in NJ,
way coutraot tor greater Interest o., prcu,inm than
| eight per cent. per annnn,"
Mr. o. founded hs motion on the belief exprt.sJ
by hIm, thar the operations oftle government could
not long be carried on by lac sd loans AZ the ycr7
extrayagant rate given for those o: the las; >e,r Re-
ses he was unwilling after what had passed. 10 trust
| The SdinnistTtonto borrow money without this l1n
uuo'i ne course pursued, dUring the las year. h.ui
eccn such rs % subject tue United States TO the most
| hiShuul eNtotiOn; md il was manifest; Mr. g. said
that the Executive ht placed noit to the terms al
tne ic bFn and he was therefore disposed to resic,
| the terms Of this to eight per ciit
-''F cphes sad he had ;.s, that = larger ju,ereS,
ua" per cent would nr OuSlt to be given ror ;t mo.
hey, and he did not feel a,y great objection ia Tie p.
mendment But he could see M reason. when tt;s
MI was merely intended to supply the amount sent 10
Europe for sale of the loan last authorised ,.bv
sEould be granted in different form from that.
The question MIR Grosvenor's asaentIn, snt xa,
decided aifirmatveyas follows:
FOR the amendment 50
Mr. Oohley If y: T. then moved further sr,erd
ent viz TO strike out the general pIelve of nnI;e
.lh TO make good any deficiency in H., funds for ley
ment OF the principal and interest of this loan and ia
sert IN lieu thereof pledge Of the proceeds o the di
rcettsN and internal duties for thai purpose.
For the motion IL
Against i ~
10 haviu boop c,,.l
me committee rose aud reported the bill
- ne HonSe having confirmed the amount OF three
millions - Be borrowed
he ques;i0n offered itself on Concurrence. with the
committee Of the whole in agreeing TO Air Gresye-
nors amendment; or which question the y.as and
NJ, were demanded by MIR. Srosyenor.
On t'ils motion there arose long and hesaory
ueoatc, IN the course of which the motion was
opposed by 6easrs Lowdes Ghoisou Calhoun Wright
ton and Hanson.
On the one hand, it argled, that such alimtal;on
as YVES proposed Was inexpecien because WIS uuu-
sual; because would lave the effect rather to ~
crease than limit the rate at which the loan could be
had * because, remote b. possibility might prevent
the oans being had ~ ALL and tus Us this loan was only
"a cssfiy to meet the reimbursement ol public deb
duti TINS quarter produce consequences runWis TO
t'e pdohc credit Occasion taken TO rebut the
statements made b. Mr. Oakley the other dav in r,,
oa TO tie terms u ll late loln and 10 vidicate in
te wSrsGest terms the conduct of tie executive in this
respert Sccacou was also taken several facts
among which were these that the interest which tbis
administration lad gwen for money as less than had
been gwen by the federal amins ton under cireun
stances which afforded ncoDpaGby = eater facility for
T. ans; that notwithstanding III the ciano,s against b.
credit OF the naron, il is better suppo,ted by nk
log i'iiH Ac than t wasin the days when those were
~ power WHO now decry il aud that the refusal ola
Boston i'auk lately 10 pay the interest ofhc public
dest Ia specie, from fault of the government
which then led ia the vaults OF that bank three times
the amount wh,ch was there due.
Va tins other au was SAID, that the late nr~nv;
deuce Ot 1e administration Inadcit csssaIy To provide
such gulIyi over their conduct The oonseo.nce Of
w'at lie called h5ce gambling, il WIS said by one Spes
ker (Ntr Hasou) had been % throw the country into
the ut spectator; To make the government
the victim oil such men 80 Jacob Barker who
It appeared by the documents lai been unahl. to
iuIhi his engagements, and he believed that failure
was the foundation ofhis loan. 10 ensure the coape.
ration OF those who spoke thus, and thl confidence of
thc country, It said he necessary to give SOM,
pledge that the government wolid cbsage lis cosro
sdno iongcr trust seitin the hands Of cxtotioners
sc.
The question or concurrence ia the amendment was
then deciicd by yeas and nays as soilows
For concurrence 81
Against concurrence OF
80 that tlic amendment made in committee of the
Whole was rejected by the house.
.gr OaLby of " +. renewed the motion he had
made IN committee TO pledge specifically the proceeds
ut the direct tax and Internal duties for the redepior
OF the principal and interest OF the Loan
On suggestion Of -Hr. Shcpb f6p. Mr. y. so mod.
ned his molten to embraces also a pledge of the du
on fupgrfs and fo.napc