The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-11-24
CONGRESS-.
HOUSE OF REPRESENTATIVES,.
F1;alaH, .N5p. 16.

Friday .V5u. 16.
Mr.. Trout Of Geo. reported bill to an
thorse the President Of the u s to receive
into the service of the u. States certain cores
winch may be raised and organized bv any
state to nerve IN lieu Of the militia thereof
Read, &c.
NATIONAL BANK.
nr, Calhoun Gf' S. c. remarked, that he
looked upon the decision ofthe house on YES.
tert.ay as indicating disposition on the Tart
n Inc llolse to chanre The whole nature of
the bin. now before committee OF the wt,,,e
Tor incorporating the subscribers 70 the
Bank OF the United States Of America
As many amendments in detail would be
required, lie thought the most p,,oper
way to act on the bill would be to re
commit fer amendment TO select commit
tee.
This motion was opposed by nh. Urieht
OF Md. and Mr.. Lonndes OF g. G. on the
ground shat there were parts 0f the plan of
the gentleman, against which the house
might decide, and which could as well be
acted on IN committee Of the whole as by a
select committee.
mr. CghoHn then withdrew his motion. re-
serving the right to offer u again when Fj,r-
ther progress should hare been made in Inc
discussion of the bill.
On motion of Mr. Fi$k of n. Y the house
tncn aEa'n resolved elf into a committee of
the wholS on TIC 81; bill, Mr.. Nelson in the
chair. - '''0
Mr.. F.rsyth Of Georgia moved an a.
mendment to Il, second Section Of the a'' hin IN
(as 1t has been amendecD the object Of
winch was, tc admit the A. millions of the.
capital to te paid in Treasury Notes. as
IL no" SlaD,ds, or ~ fu5Ac stock created since
me 7r7r.
MS motion was declared by the Chair
man 20 be cut of order, inasmuch as the
cohVnttee Oh the Whole Ii d Yesterday decided
t'i't no part ri the payments of the subscripti-
oIS t" the Bank should be made in tie man
Eer proposed by the amendment.
Nr: FW'Syh was, on TINS decision dis
| posed for the present to wave his motion
| but
| An appeal was taken by Mr.. Fisk of y.
y. from the decision of the chair on this point
| which decision was affirmed by the COM
Hilttee of the whole, Is to So
| he house tlen proceeded 10 the consider
! alton II the 81 section of the bill which con-
templates the subscription by the L. 5. of %
millions IN 6per cent. stock to the capital OF
the Bank
! Th's section Mr.. Calhoun moved IN st,.;te
| ont Of the bill
| This motion produced debate.
Mr. Forsyth OF Geo. said he hoped the
section would not be struck out. He consid-
cred 1T important that the u. States s5ould
mold certain proportion Of the stock Of tDc
Bank, because he believed the priviIep q.
SO doing would be valuable to the govern.
| mcnt. in the stock Of the Old Bank Of the n
States The government had held consider.
| BE portion ct the stock, & Tic benefit deri.
vcd from it had not been denied. It mad been
a matter Of boast on the otter SIDE of the
house, and the Republican administration
had enjoyed the advantages arising to the
goyErnment from t. lie could not Conceive
an SOLID objection 70 this course Ii roi,,r
DC sad the bank would iujuriuusly affecte,
by the shares the U. States would hold In il
because they wohid Subscribe fiotbinp bu
stock. BIT, Mr. Z. said if the basis Of N,
Bank was to be public stock its value wo.i,
NJ be-destCoyed by part of it bcinr own
Cd by the United Stat g as wen AZ nv ;rI;
Vduals. lie hoped the motion wo1d no
prevail -"
RI. Calhoun said TIE principle of his no
Ton had been decided BIZ the amenJreu
winch had been made b Tie I'd section { ~,
sis'ency required tlat The house, 4f.cr dcei