The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-11-19


Tar. f'uki1 IF Con. offered for consideration
the following resolution
RcSofvcd, That the Secretary Of the Trea-
sury be directed lay before this House a
statement of the amount Of the public debt, as
It was en- the first day OF Oct. 1914, distinguish
me- the sc"eral kinds of det:, az well that
Contracted before since the present war.
together with the amount OF each. &c.
Nr Etttsss QfPa. moved that this resolve
i:e on che tatie, suggesting as a reason for
It's Course, that the Committee of WAYS and
Means had called for arly all the part;cu-
iars the gentleman wished, and Certainly for
Al the essential ones.
Mi Puhin conserving to this course, the re-
solve was ordered to lie on the table.
NATIONAL BANK.
The House resolved itself into 2 commit
tee OF the whole, Mr.. Nelson of Va. in the
chalr, on the bin to incorporate the subscfi-
oeTs 20 the Bank of the United States OF A
nerica.
The FIST section Of the bill having been read,
IN tue following words:
Belt enacted, sc. That bank Of the u
D. OF america shall be established, the capt.
til stock Ct which shall be fifty millions of
dollars, and no more, divided into one hun
dred thousand shares, Of five hundred dollars
each share, 6 that subscriptions towards con-
shutting the SAID capital stock shall be open-
ed on the first Monday of next, at
the following places, viz Boston. New:Yurk.
Philadelphia, Baltimore, Richmond, Charles
ton, and Pittsburgh, ulder the suueriutcn-
dance OF tic t1iicw:ng persons. as commis-
sioners to receive the same: at i;ostcn James
Lloyd. Thomas Perkins, and William GRAY:
at New-Iork, Gen. John Smith, isaac Rron-
son, Theron Rudd at Philadelphia. Tho
mas M. Wiling, Stephen Girard, Chandi-r
Price !; AT Baltimore, Henry Pason, William
Cooke, WIN. Wilson 4; at Richmond, Benja-
min Hatcher, John Brockcnboroush, William
Preston !; at Charleston, John (. Faber, John
Potter, James Carson at Pittsburgh, George
Robinson, Samuel Robert, and Henry Bald
WIN, which subscriptions shall Continue open
every day from the time of opening the same,
from ten o'clock in the forenoon, until four
o'clock IN the afternoon, until the SATURDAY.
tollowirg at four O'Clock in the afternoon, when
the same shall be closed and immediately
thereafter, the commissioners or any two Cf
them, at the respective places aforesaid shall
cause two transcripts or fair copies of such
subscriptions to be made, one of which they
shall send to the secretary OF the TREASURY
one they shall retain and the original subsc,in
tons shall, within three days from the closing
o. the same, be by the said commissioners,
transmitted to the said commissioners M
l'mIade!phia, or to one of them and on the
receipt thereof, the sad commissioners at
fhliadelphia, or any two Of them, shall i'm
I"eHiHtSiy thercafter convene, and proceed
10 take an account Of the said subscr,pt: ms
and II more thar the amount OF the said capi-
tai stock CT thirty millions of dollars Shall have
been Subscribed, then the said last me atoned
commissioners shall apportion the sane a.
mong the several subscribers in a lust and
equal ratio, according Go their several and
respective subscriptions ProVided hoyeUc7,
hat such commissioners shall by such ap-
| PoraGnmeht allow and appoItion to each sub
scrlDer at least one share and in case the
| aggregate amount of the said subscriptions
shall exceed thirty millions of dollars, the said
commissioner, after having apportioned the
same as aforesaid, shall Cause lists OF the an
| poruoned subscriptions to be made out, inclu
Cng III each list the apportioncd Subscription
Tor the piece where the original stascIii don
was made, one Of which lists shall be trans-
initted to the commissioners, OF to one OF the
| commissioners, under whose superintcndance
such subscriptions were originally made, that
the subscribers may ascertain from hem, the
number Of shares apportioned to SUCH subscri-
| bcrs respectively.
! Mr.. risk oj0.i.. Y. stated the reasons which
: h9d liucnced the committee of WAYS and
| Means IN confDiing to lev cities and towns
the books of subscription, which were gene
! rally, that the Atlantic cities were the princi-
| PAL repositories ct specie g superfious wealth
and that the exiEcncies of the times required
/
| more difused subscription. 1t had been
deems! proper, however. to add more com
Ia'SSiohcrs IN two or three Of the cities and he
! was instructed tomove aCcOrdirgly
! And on motion OF Mr.. Fisk, the. foiloyinr
| Gentlemen were added 70 the commission al
session, William Eustis and Saml Brown ; ia
nc commission 1T New-Yor<, Isaac Law
renee and 'ohu Hone to tie commission al
Phiiadelphia, Jared lngersoll and AntAony
| Tsvlor.
Mr. .@arf ofEyth said, he was not sa-
tstcd by tine reasons Of INC gentlemen for Ii
riiing TO 50 few the places Of Subscription. 8;
moved, for the convenience of the WESTERN
co,,n'fy, TO insert Lexington III Kentucky.
47lr. Nebertson # LoU. proposed also New
Orleans. and argued with much f1rce in SUP
port OF his suggestion, and, other gentlemen
proposed other places.
Ihe motion Of Mr.. Sharp, being INC one
! Immediately before the house, gave rise 10
| considerable debate. Tie motion was sun
ported by Messrs. Sharp, Robertson. Lewis
! Macon, Wright, Pearson, Harris, Hopkins Of
~ Burwell and Barnett, and oDD6scd bv
MessrS. Fisk ofN. y. Oakley, Creighton, and
ingharn.
On the one hand. various arguments were
urged IN favor of extending the Subscription.
founded on the equal rights Of ali sections of
the country 70 participate in any general ben
eht; tire eZpedlynCy Of collecting suecie
from every part Of the Country theadvanta-