The enquirer. [volume] (Richmond, Va.) 1804-1815, 1815-01-03

on the ground, principally, that it would be
infinitely better that the notes should bear OH
their face their actual value, and place OF
payment. than that they should purport to
be payable at places at which, in fact, they
would not be payable in specie. If made
payable at Philadelphia only, the persons re-
ceivins the paper would know its real value,
and not under deceptive aspect of being
payable at any of the branches, where in
tact no payment in specie was to be made,
&c. 1t was also objected to the bill as
1t now stands, that it would drain all the spe-
che In the country to accumulate it at Phila-
delphia
The question on the amendment resulted
by yeas and nays as follows:
For the amendment 70
Against it rs
he speaker, Mr. Cheves, decided it in the
affirmative by his casting vote
N1r. F0yroTc then moved to amend the bill
by striking out SO much as describes the
stock to be snbscribable. and inserting in lieu
thereof provision limiting the privilege
OF subscription in the stock OF the bank, 10
such public debt as shall be Hereafter CON
tfacted.
This motion was opposed by Messrs. Ing
ham, and Forsyth and others, and supported
by Messrs. Castor, Oakley, Potter and others
Ihe latter gentlemen took this occasion to
make speech of some length against the bill
generally.
The question on Mr. Fsrosv's motion, was,
after warm debate, at length decided as
follows
For the motion e5
Against it IS
Mr.. Pifkin Of Con. then proposed a further
amendment to the bill, viz to strike out the
word fifty so as 10 leave the amount of the
capital blank.
The previous question having been there
upon demanded by Mr.. Harris of Tenn. and
supported by sufficient number, viz. Is for
it, 67 against it,
Mr.. Ivc6Ste,- of n. H. moved to lay the
bill oil the table which motion was mega
lived, by Yeas and Nays, by the following
vote :
For the motion SIS
Against it SIS
Another motion was then made to adjourn,
and negatived.
The Previous Question was then put in the
usual form" Shall The main question, be nczV
iaut ?" and decided as follows
For putting the main question s3
Against it 63
The question on ordering the bill to a third
reading, was then decided in the affirmative
without division
On the question when the bill should be
read a third time, to-murozo and to-dav
were named. The question being taken on
tO-HlorfOW, tnSre WERE
For tomorrow ST
AgainStit 76
The bill was then ordered TO be read
third time to-day.
a motion was then made to adjourn, and
neSatived by a vote OF rs TO 90.
The bill was then announced for third
reading.
Mr.. RigeiogO raised question of order,
whether 1t was proper to read the bill a
third tins before the other orders of the day
were disposed Of. The Speaker having deci-
ded that bills on their reading had preference
IN the orders OF the Gay, Mr.. B. appeal
ed from the decision of the Speaker,
(Mr. Macon) which was affirmed BY the
house.
Mr. We6stcr of n. II. moved to recommit
the biz with certain Instructions, substantial
y rs follows
!. To reduce the capital to twenty i've nil
lions otdolaIs. with liberty to the government
to subscribe five millions additional at any
future time.
2. To strike Out the provision, allowing the
Bank to cease specie payment.
5. To strike out SO much of the BILL as
makes it obligatory on the Bank to lend mo-
ney to the government.
q. To introduce provision, that If the
bank shall not commence operations within
months after the passage of the act,
the charter shall be forfeited.
5. To allow an interest of per cent
per annHIn, on any note, payment of which
shall have been demanded of the Bank, and
refused.
6 To provide that of the 25 millions, shall
be payable in specie, and twenty in any Uni
ted States per cent. stock, or in Treasury
Notes
7. To strike out that provision, which res
trains the Bank from selling its stock.
Mr.. w supported his motion by num-
Der of remarks, the general purport of
which was, that he had resorted to this |
method to shew the world, what sort Of a |
Bank be and his friends were willing to sup
port
MIR. CASTOR followed in a short speech |
of much vchemeuce in favor IT this mo- |
tior, and, with the zeal nc has uniformly ex- |
hibited on this subject, in opposition to the |
bill
Mr. I'm. Reed of Mass next took the floor
in decided opposition TO this bill, of which he |
expressed tie utmost adherence, aud the |
greatest dread Of its effects.
After the rejection OF several motions to !
adjourn
Mr.. Bieelo7y made speech on the same |
side of the question as the two gentlemen who
had preceded HIN in debate.
Before Mr.. Bigelow finished his speech, |
however, motion to adjourn prevailed
and