Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1816-03-06
CONGRESS.
HousE Of REPRESENTATIVE
Friday, March A.

bill, by striking ous snc Plos's's
which allowed the government to|
subscribe part Of the stock, Aasins
been rejected
The committee of the whole house
Droceeded with the consideration OF
the rest of the bill
After the adoption Of some YER
bal amendments
Mr. Wright moved to Substitute
Washington city for Psiiade'phia'
as the place to which to return the
books, SC. (te place the bank al
Washington.) Mr.. w. said, having
a strong desire that the bill should
pass, and knowing some to feel q
lelicacy in supporting il. from con
sliiuiionai scrnples. he thought ~
better so fix the baak where there
eou,,i be no objections on that score.
ard where also its operations wqui6
be facilitatcd-WashinSton is 'hr
seat of government of the nation,
and here, he said, it would be uoder
Ishe eye of the government, where
there would be less danger from So
great monied aris,ocFacy. and the
national interest would be better
lguarded tban at any other place
lar. w. said it was not mis- purpose
leo anticipate objections to MS mo-
ltion bat the principal one he knew
Ito be, that a sutficien, number ofper
sons could not be found at Washing
ItOn, qualified for directors; the force
'IOf this objection he denied IN the ex'
tent to which it was urged IN TIT
lefty and neighboring country ne wa
'Ieonvineed there would be foand e
Ibundant talents for managing th'
concerns Of the bank. The people
I0f this district. moreover, deserved
highly efthe government they had
In time Of need, done as much, OF
mere. in proportion to members, e
aid the country. than any other see
|tion ofthe Unioa. NIr. w. adyeriet
20 the source whence the bill Orisi
mated. and insiaua;ed that much o.
the ground for Recommending Phila
.laeipaia must be attributed 70 the par
'Itiaiity CT those WHO had nswed tha
lett, in The bill and concluded b,
sa, ing. that the motive for fixing li.'
IOld bank of the U. States at Phila
Idelth was the same that oagh
lnow to place the present bank here
Ito wit, that it is the seat OF govern
Ement.
! Mr.. Robertson said he coincide
with the gentleman III some Of hi
Views. lie could see no strong rca
fson Tor prefercmg Philadelphia be
leause if the object was to select {
city on account of its csmn lerce, Phi
Iladeiphia was not the most CONNER
IciaI place and if that reason carried
the bank from the scat er govern
meDt, the same reason would pre-
vent its being located "a; P Philadelphia
Ba, Mir. II. said he had another rea.
son.. for. disappearing the place men.
toned in the bill--he was unwilling
to impose upon Philadelphia an in
stitution so obnoxious to the repre-
senlatives from that city, all Of
whom were so decidedly hostile to
he Bark. However, he said, he
should not vote for the motion, be.
cause, as place of greater COM
merce, he preferred Philadelphia to
Washington.
AT the suggestion Of MIR. Calhoun,
who thought the molten had better
be offered in subsequent stage OF
the bill, MF. Wright withdrew his
amendment for the present.
On motion Of Mr.. Webster, the
bill was amended by inserting a
clause making foreign coins receiT.
able for subscriptions at their real
ascertsined value, and not according
TO the rate fixed by The former act
OF Congress, whica was admitted to
be incorrect, particularly in the va
lue placed on Spanish gold coins.
Nj. Smith of Nd. adyerting to the
iasinuation which had been thrown
out, that the Bank was not intend
ed 20 be, and could aot be, a specie
bank and repeating that he for one
l. al In view a hank Of no ether Kind