Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-11-14


then curlalments, 81 this premium is SAID
10 be moderate.
Surely IL is not the wish OF The House 80
give the shavers such an enormous profit.
Let it be recollected, that the Bank de-
ponds upon the notes OF the very men,
who are thus shaved. If they were TO be
made bankrupt, the paper of the banks
themselves would be depreciateti.-
If the banks should fail, the hclders
oftheir notes would sustain a loss; and
the State would lose in proportion
1t Is then too late To enquire, whether
we should give them this controui- they
already exercise it-tliere is not gentle
man on the floor, who holds bank note
in his pocket, who has not IN interest i'll
their preservation.
But though these were his impressions:
though he concurred i'll the amendment
offered, he should vote for the bill rs it
now stood-Gentlemen ask for infornla-
tior-and it is no wonder. This subject
is so complicated and so new, that light
ought TO be sought He wished to give
time for deliberation. This bill does not
yonclusiveiy settle the question; It mere
ty posstpones it for the purpose of consi-
Iteration. Its tue might properly have
been, 6 A bill giving time for the mem
bers of the Legislature to consider the
subject He thought at first, he should
vote for the amendment; but il was SO
delicate a matter 10 cut off all dclibera-
ton he had so great respect for the prl-
yIege of debate, that he was unwilling at
once to come To conclusive decision
Let the house then take this bill for the
purpose ofprolnoiing enquiry. Let them
adopt II with the sole view of obtaining
time to get at the truth-We give our
selves thirty days for reiiection--Isut our
a. A..
tits delay. No accommodation can in
the mean time be extended to the dealers
in the Banks-the increased pressure will
ial. upon the communicable still (snil
MIR. CD regard so much the privilege
OF enquiry that am willing to give this
premium for the use of fine time.
SKETCH ef Tie Debate TO be continu-
ed in our next.
~ Mr.. Giles was followed by Dir. Smyth (of
Wythe) in favour of the amendment and hy
Messrs. ColSton, Chamberlayne ana Blackburn
against it,
Finally, at Mr.. MERGERS instance, the motion
was divided-and the question taken on first
striking out thel5ih Dec.-wlch motion was
last THE bill was then ordered TO be enyross-
cd and read a third time.
The House came to resolution 80 proceed
on the second of December TO the election
OF a Judge of The General Court Eur the first
circuit.
Mr.. Mercer, from The Committee, reported
bill. suspending the law of the 18th Februa-
ry, 1916, with the exception Of the 10th sect
on rs to the banks of Waterford and Martins
burg.
The engrossed bill, abort the Virginia banks.
was then taken up, passed and sent to the Sc
ncte.
The following Interesting Documents a and
B. were yesterday read intlIe H. of d. las re-
ported by the Committee.) vs.
General State of the Farmers Bank, (inclu-
RiIIs discounted o,utst.n.l;,,,r -, a. . IN, ~,
Ct; o"'s'a""'h9 - '-o'ooo,zSS -
Foreign Notes Observation-Disclosures. 2333I3 ~
Due from other banks. ;...... 25695O 50
Real Estate .................... 97asS CO
U. States Stock. ................... 9s,7iG 3s
n------- =
S'''zo''oo IS
Stock sIsI2 soz "a
Notes in circulation 2'i50'0I5 ss
discount ACKNOWLEDGEMENTS 71,Os2 l
Oep'S'' money .'''''..'.......'... 6s1.2is %
9, 80 200 -
n, e.. -,
yemberS 49, -
Bills discounted 60 ~ ,.o =,
Snecie W. 80 1900 80 =,
Joro;,r,, No., ! 1,. .. .. t,soV VI
M, o'sn ..O's an" iedsuTy NOtes .I11 1879 S3
-