Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-12-03

max M they notsay to the government ald to
Why 1l,,EJnals, !" Gentlemen, we are poor; we can
lnoi', MI fo YOU both at the same time but, as
MOI L. natriots, we must lend our money 10 the
weasroonent" Ii is ridiculous therefore TO say,
gos.. ,hav we're actuated BY patriotism II was
tl ar nterestto make their institution as pro-
t n.ehle as possible.
ht aia contended, that these institutions
a,,ij not be blown up, ifthev were compelled
mo 'av snecie, by the 10th of July: that they
would not lose one dollar tNat II was .lne 10
s;ngs !: thatit was the interest OF the banks
. .S to do SO, they might know what
,hey had to depend on how TO regulate their
las:.ounts and make cuytailments. MIR. "A. con-
uus,Jed Inv saving, that lie was disposed to give
he,n the time named in the original bill tho
the bill itself might be susceptible OF some a.
mendments.
b,Sdridgeto amend the substitute by striking
~ !" declaring and making a" and substituting
- making any (dividends, sc) His object be-
;ur toprohibit the Directors from GLIDING the
i,w b, making dividends under the shape OF
nrediis, disc annts or any other. He was oppos-
se1 fothe substitute, but thought il due to fair
Il legislation to make il AZ perfect as possible
Messrs Hays, TazetreN said, they would cheer
i frlIy receive the amendment, if Mr. Doddridge
/ 'thoightit would effect his solemnly de-
cIaring, it yas their wish TO act upon the banks
i so asf6 arrest all dividends in any shape what
I eyer-Mr. Il. awaited himself of the same OPP
portunityto digress into other points. AS to
fhe patent calculation, il was not very new, as
the gentleman from Bath would find il IN Cock
| er's Arithmetic, a book he would recommend
In that gentleman; il is only the operation of
compound interest, by which gentleman OF
4 thatHouse had calculated the banks could pay
al their debts in years and l69 ays.-4igain---
Because he had said thatthe banks might lend
a little TO the widow and orphan, to keep body
and sou! together, was il fair to reason, that the
banks would break through all bounds, and by
dscouBts.t to The rich, sturdy beggar, evade this
restriction on their dividends ?1gnin to
selling their public stock &c. hesaid, that they
could not convert ii into specie at " centum
loss. because of the great quantity of that stock
in the market, particularly the % millions be-
longing TO the Bank of the v. S.-As to selling
their foreign notes, they were already at iP
cent below our own, and would YOU throw more
into glutted market As to the foreign baiaI,-
ees-thesame objection; because you could on
" turn these balances into foreign notes.-And
after all, taking for grantedtllat MIR. Marshall
was right, what would he obtain by these means
why, by the Doth of February, reduce the pro-
portion between the debts and the specie as
10 2j-that is, with enc silver dollar to paw ~
dollars of debt.
Mr. Qoddrdge's amendment was lost-he
thenObered a 2d, 10 prevent more specifically
any but widows, orphans iunatics ana ideots
from having dividends, under the shape dis
counts ON their scrip-afieT i short converse
tion he withdrew it-Aad the Committee
rose.
Saturday, Nou. 80.
The House finally disposed of the con-
tested election from HeDrico county
VIM. Il. Chamberlayne- retains his seat
with a majority of two votes.
On Mr.. Bowers's motion, leave was gi-
ven to bring in bill to amend the act
concerning the Nottoway q Nansemond
Tribe of Indians in the county of South
ampton-He stated there was a delega-
ton from that tribe now in this CITY, who
would give important information to the
Committee.
Mr.. Jackson offered a Counter memo
riol against Mr.. Zane's petition TO build
bridge over the Ohio, at Wheeling.
The c. c. of ]. reported resolutions
in favor of divorcing Sophia McCoy-of
sxcusing L. L.Henderson tromcertain pc
naIties for bringing into this state two
slaves exported theretrom-also, that SO
much of Mrs. d. w. Pleasantss petition
as offers tothe State certain copies of the
lst and End vols. of the Revised Code at
So 50per volume, is easonable-alsolhat
the petition of William Bispham, &c.
that the Commonwealth would release its
right 10 certain real Estate, belonging TO
r. Bispham, decd be rejected, the case
being already provided for in the act of
assembly-Concn,red IN.
A Report was made from the C.. of
ClaIms-lst. In favor of refunding Jacob
Darden sum of money paid by him into
the Treasury--2d. i'm favor of renting
the fine of $50, incurred by Thomas
Plunkett, an old revolutionary soldier,
who ignoraDtIy sold spirituous liquors,
contrary to Iaw-3d Ofremittiug TO VIM.
Moss, Sheriff of Fairfax, fine for not
paying the taxes in time-4th. Rejecting
apetition fdr refunding in. Cahill. Jr. &c.
certain fines for selling spirituous liquors
contrary to law-5th. Rejecting the peti-
ton OF Robert Fugate, OF Russell, allow
ing him additional compensation as a
Commissioners of the Revenue-6th In
favor OF increasing the compensation of
the inspectors of Tobacco, at Lynch
burg-7th. I'm favor increasing the pen
sion of John Reardan, am old revolu-
tlonary soldIer-Sth. In favor of releasing
to Frances Holmes the Commonwealth
right to her property, OH accountof fine
incurred byh her husband, who forfeiting
ms recognlzance, retired to West Florida
and dled there-ConcRrred an.
The House then resolved itself into
Committee of the Whole, on the Suspense
on BHt-Mr. Baker in the Chair.
Mr.. StanGrd, (the Speaker,) took the
floor. He said, ne had not till very lately
determined TO take any part III this inter
estins dlscussion-but did not deem anv
apology necessary--it being found i'm the
confessed importance of the question
that he regarded it as fraughtwith serious
consequences; and as, lift terminated in
one decision, with very serious hazards 10