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

moved that these resolves should lie on the tai
bic.
Mr.. EtaY said he was well aware of the
first report made by the committee oi ways
and means, and also Of the second, which hac
been adopted b. the house. ] his WAS che on
iy reason Which Induced him GO bring forward
those resolutions because he believed the
system recommended by the committee OF
ways and means to be totally inadequate to
the occasion. 1t was proposed to establish
bank of Fifty millions II dollars, wJh only six
millions OF specie. TO him this appeared
one OF toe most extraordinary pr, positions
ever laid before a public body. il was time
to lay aside these visionary pr, iects, and
come to direct question on some practical
bic system. Establish your bank, (said MIR
a. and what will bc the Consequence II
viii be established at last only on the credit
OF the government, because ~ cut of so mill
lions OF the CAPITAL are 20 be paid in stock. II
thS bills OF the b nix circulate it will be en-
the credit or the government and not on the
credit Of the capital As to the bank Coming
IN aud Oh the government, would gentleraen
say that 1t could give aid to the government
Gould 1t lend the governments thirty millions Of
dollars # it did, and the Northern and
Eastern capitalists continuc opposed 70 your
measures, they will have it in their power
within twelve mouths to arrest the opSrati-
ons of the Bank, by accommodating in their
names its nctes, which must circulate pIinci-
pal!y IN the North and East. Such q system,
therefore, he considered as improper, impol-
tic, and one of the mcst runous measures
which could be adopted by the government
EIr. IL. was also averse to postponement,
because he considered this the most iInpor-
s2ne subject that could Possibly be
brought before the House, because on
ITS adoption depended entirely the future Gre
t.l Of the porerpment The rycoS,,,
fore adopted by the government in respect
20 tie puhtc revenue and credit had, Mr.. II.
sad, been the best calculated to defeat their
opJcc:. The time was Come when the nation
ought to depend on its C-,n clca,is, and re-
sort no more To theoretic expedents. &c
was sorry the House had reused to consider
the second resolution, which he considered
very material but ne hoped they would a
don't tne others.
The question ON laying the resolutions on
the table, was then decided in the affirmative
BY large ni4jofity.
bill was received from the Senate emit
tied An acs making further rrovisor fo.
filling the ranss of the army Of tn y. States. -
This bill was twice read and referred 20 the
same committee of the whole house, to whoya
is committed the classification iii OF th;s
house.
Mr.. NRim oF Nd. offered for consideration
tlc l''boWl:E resolution
" jSesoi0ed, That the committee OF WAYS
and Means be directed 20 ca Il re nto TIC ex-
ledicncy Of imposing dirty on al goods ard
merchandise, imported into the /. S. which
under existing laws may De admitted 10 entry
tre- u tln;v"
N.Y.. M'hin said the resolution vyoulH ex-
plain itself and he would only add, that it
presented mode Of bringing small amount
Of duty INTO the Treasury without any incon-
venience to the public.
The resolve was agreed 20.
N1r. RITES IF Y:rg. made the following
report from the &c committee Of confer
encc"
60 The managers on the part of the Senate
and m tine port of the House of Representa-
tives ~ the conference on the amendments
OF the Senate disagreed to b. tie House of Re
preSentatives ca the bin entitled . An act to
anthorise Loan for = sum net excee" ing three
millions 0! dollars, report that the Senate 10
rece'e from their amendments n the said
lill. eycept 50 much thereof as strikes out
the last clause Of the 5th scc-iou, and do agree
as substitute therefore to the two follow ing
sections, Sc.
:" Sec. s. .6rd be it farther rncctsr That in
addition to the eriruai sum Of ci@ht millions If
dollars heretofore appropriated to rfa Sinking
FUND. adequate arr perinarcnt fdrds shall,
"ur1nS the present 8 sscr Of Congress, ~ pro-
!yId'd and appropriated for 'hc pr r,ent of the
interest and reimbursement 0f e. y. !ac;Dal OF
sac s'ock created hy this act.
Sec. Z. mt Dr. Il F.y.ibrr ,7,n.Ied. That
an a6rqu tie and permanent siulirs fund g1a-
dua!v t. reduce ard evertuaily 10 e,.tjie5ish
the pnbio debt contracted and ~ contract
20 during 'he present We, shall allen he sta
oiisilr'l during the present session Of Con-
sre%S"
- rco t having hecn read, t was, ON
rnot'5n OF Mr.. Epp@s, ordered 10 lie ou the Ia
bic, until the bl' should be returned from the
Senate. twas subsequently taken up, and
the report agreed to.
NATTONAL RNNK.
On motion Of Mr.. Fisk Of y. Y. the House
resolved i:scf into committee Of the whole,
Nv. n lsnn IN the chair, ON the bill N inccr-
r te ne :ub5cri eri the Ban f The .'S.
Of America.
Nf'cr the reading of the bill through to
give II preference in the orders nj the day
The committee rose, reported foSress---Enl
the House adjourned.
MONDAY, Nov l..
Mr.. Tro,>h Of Geo. from the committee Nm
Military Affairs, reported bill tn authors
a donation in land. tn persons in the military
~ naval scrvice ofthe enemy, who shall come
within the limits, and claim the protection nj
the government OF tie Z. S.--1'wice read and
Committed
On molten rs Mr.. Dtshs Of XIV.
PeSoived, Ihatthc committee II Claims Dc