The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-03-16
lVcl. 1o.-----No. 1ol.

l. e
/ tiles they may hold under the original grant
ALSO from which OF the original companies
the present claimants derive title, and the
amount OF money withdrawn by any of tbs
| original grantees or persons Claiming under
them OF their agent or agents from the Tres-
! sury of Georgia.
And the same was agreed to,
For agreeing toie IS
! Against it 6s
Thursday. March 10.
! COPPER CURRENCY.
| Mr.. Ssybert Ct Pa. said he was abou. 10
offer resolution for the consideration of the
House, the Propriety Of which had been sug.
gssted by several gentlemen. Letters have
been received, in which it is stated, that
many persons are now engaged in melting
the copper coins of the United States. This
was occasioned by the present enhanced
price OF copper. Copper sheets were now
selling at from 60 to 20 cents per ID. Those
who melted the cents coined at tie Mint OF
the United States would gain from 90 to 80
per cent. These proceedings, he, had been
told. had already occasiened much inconve-
uience in ssu1e situations in the u. States, Sc
it was apPrebended it would injure these
who were least able to suffer. 10 Some the
amount might seem inconsiderahle and un-
worthy OF legislative interpretation. But by
the report of the Director of the Mint, it an.
pears that the copper coiRed in the year
1910 amounted to SI5,66o
1871 a,495
1919 1oyss
1913 4,1So
Making total for years of SSS. 900
Or an average of 3 s,272 per annum. which
10 fxx,
n much greater amount of these CONS must
now be in circulation but the inducement
to those who had already commenced to
melt .them, must be sufficient to contin-
ne their operations. and thus iDjuriously to
diminish the circulating medium. His re-
solution was in the following words
= Resolved, That a committee be appoin-
red to enqnire mo the expediency of alter
ing the copper coins of the II. States.''
| The motion was agreed to. f..
ON THE NATIONAL BANK.
| Mr.. Fisk of n. Y.rose 70 make motion
which he said he had in Contemplation ever
| since he examined the provisions of the bill
reported by the committee of Ways and
Means for the establishment of National
Bank. Whatever might BE his opinion as
to the expectancy of bank for National
purposes, he did not know that this was the
proper moment for erecting such an Insti-
thorized the sale of stock to the amount of
twenty-five millions, II would. Certainly be-
tneXpecicnt tocreate demand for so larye an
| amount OF other stock. But, Ii was expa-
dent. or whenever it shall be, every one
who had read the bill must perceive tksta
Dill Containing such provisions would nor
* could not pass. He therefore moved the t
the committee OF the whole, to whom is re-
terred the bill 10 Incorporate the stocktot,
ders of the National Bank, be discharged
from the consideration thereof, and that il sc.
referred to select committee. with instruca
tons to report bill to establish National
Bank with provisions for branches.
Mar. Seybert of Pa. said he ysas opposed
to this motion. He thought it would -
highly improper, if it was referred to Z
committee at all, to refer this subject to p
select committee, when it properly belonged
70 the standing COR rnlttee, to which was re-.
terred all subjects relating to the WAYS
AID Means. and to the credit Of the gov
eminent. Mr.. 5. related the course this
subject had taken during this session, In
the first instance it had been introdu
ced into the house by petition from the
cltizens o. New York, which was referred
to the committee of Ways end Messns.-
That committee had reported that in their.
opinion 1t was not cCrsii.tt onaf 10 establi b
branches in The states. 1t was now prnpo.
seh again 10 refer TINS question to a ccmr.,it-
tee sor wha'I Iscn9uire into the exoeo
disncy of establishing a Bank with branch
eS. against which so poHteds report had all
ready been made What could the cen
tleman promise himself from this ceuTs.s,
Nothing but defeat. The question was one
OF considerable magnitude, which there vas
during this session no time to investigate. -
MIR. 5. said he had been and sholld be or
posed to the bill and, on former occa,
sion, several Of the states had declared
their opposition TO such proposition. Tn
keep the question before the house woulo
do an injury to the NATION, III regard to ito
putIick stick. There we're men here who
were highly Interested in the fate of mi.
question, and who, during It's agitation.
would doubtless dlssuade their friends frono
enbarkiDs in :he ,oan.--Ie hored this mo.
ton would not prevail, but that the biz
now before the house would be taken ur,
at proper time and heard on its merits.
Nc. Eppes Of Va. stated the cours. tbis
question had taken in the COMMITTEES NJ
Ways ard Means. When the question was
referred to them. they had decided sea;nqT.
the constitutionaity Of the measure o. then
proposed; and, as SO much argument had