The enquirer. [volume] (Richmond, Va.) 1804-1815, 1815-01-14
[ VOL ft.---N0. tSS.

rising associations f9r paying taxes in l'rel-
sary Notes. de stated his knowletise OF the
fact, that the Treasury Dep rtment had i.
In contemplation to issue notes of !, snalIcr
denomination than those now in circ,lation
which would obviate altogether the difficulty
the sentlenian desired to remedy
MS inot'cn was opposed by Messrs. Pot
| tey Baylies and Law.
Mr.. Fisk Of n. y. moved to- Law the re-
solve ON the table which motion was sup
ported by Mr.. Eppes, and .greed TO, 6l 10
The ensrossed bill to prevent intercourse
with the enemy having been read through
Mr.. Oakley of n y. moved to Law the bill
on the table, to take up the Bank bill, the
passage ot swll'ch he feared might be 100
long delayed by the discussion which might
arise on just read- THIS motion Ms
| supported by Mr.. Yancey and Mr. Inser-
! sell.
| The motion was opposed nv Messrs. Fisk
| Oh y. T. FISK OF VI. and Rhel ON the ground
thae the speedy passage of the bill Just read
| was required by the interest and honor of
tue nation, to arrest the supplies to the enc
my aud the loss OF duties on sr.augsieei got.is.
which our revenue officers nuw could not.
dare not, atteUpt to seize.
Ire meuon to lay he BIZ on the table
pr vailed, Ay,s IS, and the house took ,ip
| the
NATIONAL gANE-RnL..
The engrossed anne dmenfs TO the bill from
the Senate " to incorporate the Bank of the
United States Of America" were then read,
and the question stated" Shall this bin pass
as amended p an the yeas and nays there-
on having been required by Mr.. STAN
! ford
Mr.. Fisk Of NY. rose to assign the reasons
which now influenced him to vote against this
| bill. His objections were 20 the reelection of
the capital, and to the omission OF what had
been rniscelle;l the. forced loan feature of the
bill, which he considered one of the best.
he bill, before 1t was amended, would, he
( said, have afforded to the government a ben
eft TO the amount Of twenty millions, but nav
would not afford to It greater bonus than
three millions. He objected to the amend
ments which had taken from the bill the.con-
troll which the government ought to nave o.
yer 1T, and would throw the government and
the monied resources of the nation into the
power of its political adversa1ies. There
were also other features of the bill to WHICH
he objecteH so strongly upon the whole that
he would not vote for the bill
Mr.. Hanson of Nd. expressed his reyret
to see any impeachment thrown in the way
OF tie bill. He expressed all the satisfaction
he teit. at being able on this occasion to re-
deem his pledge to cooperate with the ma
jority IN any measure which he could hope
or believe would be beneficial 70 the nation.
This bill, in its Present shape, he remarked
was the result OF compromise produced BY
mutual and magnaniTnous concessions, and at
period like this, OF bitter political aniInosity,
concessions rejecting equal honor on both sides
ofthe house.
Mr.. Gr0suener off,. Y assigned at some
length, the reason why he shoul vote against
the bill. He expressed, in a feeling manner,
his regret atbeing compelled to vote. on this
| occasion, against so many OF those with VIII ia
| he had heretofore artetl in opposition to the
measures o' this administration. His ohiec-
tons were more to the time when and Dur.
| poses Tor whcha Bank is to be established 4.
| IMAM to the features of this bili to some of
wmch ne objected. he denied, that it coul
| be specie BaIik, or that the Bank woJll
ever be able to get million of its notes into
circulation. The government relying ,ipoF. r.
! would be disappointed, and ruin soon stare
| them III the face He denied die operst 90
| upon himself Of the argument that this was a
lesser evil than what Diig be substituted
! TOR 1t tit did not pass. II would not he.
said' embrace this evil in orr'erto AVOID =
| greater which might not happen he worly
/ never, he saie. adopt principle looking to-
| wards that which imports, that the end0m
! justify the mesns
] Mr.. Tcifav of Geo stated the reasons
| why. although he decidedly approved of the
Dill winch had been first before the house, he
| should yet vote For this bill TIe was scrions
- c"n''hS~uy he StltIS tIltt urtiSr the present
| embarrassment of our Circulating medium 81 If
the fiscal concerns OF the net,on, that a HanS
was Indispensable and, though the system
now before thehouse was one the details Of
which he could not approve ne would vote
| tsr It as last resort. lie frankly animated
| LIS hope that the other House would propose
| some modification Ct the amendments of this
house, that would render tie compromise oS
opinion more equitable than as it now stood
| Nir, /. went into general exaroinat;un NJ
the principles aud history Of banking. prin
Sipaliy 70 shcw dat banks founded On the
credit OF governments and on public stoots
had not been rs generally unsuccessful ~, had
oeen contendedt and nc then compare the
present system with that which came rro,
the Senate, to me latter Of which he gave ?
decided preference
Mr.. Iagham " IA, believed, nc sail 3
National Bank " be essentially necessarv ,o
gTe relief to the pretent embarrassed STATE
OF things. Believing this bill would contr,-
butte III some degree to relieve the pationat
wants, it would receive his vote. thone,b re
luctaDtly and he wished it 20 he disfinctl,,
understood, that instead Of its being a nre-
TERED measure, he considered the frs, nm
as more efficient ana calculatch tn give M.
government all it wanted. The vote of M.
House this day, he said, would be mo tast If
( the excellence Of this system. or eve, of ~.