Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1814-11-30

u OBSERVATION-DISCLOSURES
willing the government Shouldn't others be-.
iieved Unnecessary, hold some stock in the
Bank, but at the extent not to exceed nm.
halt OF the whole amount the REMAINING
half to be paid in specie, or, al the discreS
ton OF the Directors. in notes of existing
Banks on condition that such Banks should
agree to resume their specie payments with>
IN given time. aud. if il was thought desi.
raoie, the government might, he said. retain
the right to subscribe hereafter am addition
al millions tothe capital of the Bank
his was. generally. bis plan. Upon the
whole, ne concluded by saying. although
there were many points inwhich the present
oillwas preferable 20 the bill FIRST reported
still, with its present amount of capital, Sc
the great propoftion + stock to specie, it was
Wholly bjcci ionable his mind, & he could
no. te'ori- When Mr. w safe down
Mr Lowndes OF South Carolina, said, If he
conceived anr advantage to. the nation could
result from permitting this discussion to BRO
gress, he should not make the motion he
was abost to offer. But, believing, from the
difference OF views entertained in different
parts OF the house, and from the variety OF
plans which had been offered. that longer
discussion would merely csnsumc time withs
out prospect of the final passage of the
Dill and believing, also. that by refer~
ence to select committee, concurrence os
the views OF all parties might be obtained in
favor OF one plan, he moved that this bill be-
referred to select committee.
Mr. lngham OF Pa. said he was in favor Of
the recommitmeRt of the bill, because he be>
tiieved that in its present form it would not
pass the House. but that bill might be eis
vIsed that would meet the views of gentle
men on all sides of the house. 1t was pos.
a laa l. =. e - -.
different gentlemen might be effected, which
might produce great good, and could dono
| narm'. lie was, therefore, In fav Of res
commitments. as the only means of effectinr
this desirable object,
Mr. Fisk of n. Y said he merely rose IN
add his wish to that of his friend from Pa Z.
it.wasas &c, tain as any thing yet in susp nsc
Could be, that the bill would not pass the
IN its present shape. That il misht
oe Rep, IN possession ofthe House, and not
destroyed without an effort to preserve ~
no hoped the House would agree to refer -
to select Committee for such modi6cat;on
as might appear to be calculated to meet
the views of the House. Tie opiaions of
gentiep en- on all sides had been so fully ex-
pressed, that the committee, being in nos
session OF them, would be able to mould the
~ y 9nouu VI =. ". Sdfu II must be OBJ
vious, from the course al the debate if r
were not from the nature of the sul1.ct.
that great diversity of sentiment ex,sred
ON this head No question could exhibit a
greater division of sentiment, confined rei>
ther to party or locality. AS he was ex-
tremely anxious that the Bank should be
established. Mr. c. said he should be ayerse
to throwing any obstacle in the way of the
practIcabiiity of the measure, and would
therefore Heartily assent to the motion of
recommt lent.
he question was then taken on recon-.
mitment and decided in the affirmative with.
out division
THE TAX BILLS.
The House then, on motion az Mr. Ennee
resolved itself into a committee of the who's
on the several tax bills reported by the COM
mittee OF Ways and Means.
The bill for laying additional duty ON die.
titled tpiritous liquors, was FIRST taken nm
ana discussed with much zeal. Various =
mend ments we're made to the bill and the
blanks filled, in conformity to the previous
determinations ofthe House, apd to the suc
gestions of the Chairman of the conm;.ree
OF Ways and Means.
The bills had not been wholly gone tbro,
wnsn tue committee rose, and
lhe House adjourned.
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