Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-11-26

Wr Jfnodinr from the =, esp s. E.) made
= report on the petition of George Savage, con-
testing the Election of VIM. B. Chanlberiaync,
fetnrned delegate from the County Of Henri
ro--After canvassing the disputed votes Oh
both sides, the Report concludes that
At the end Of the eiertiOn, ON the
poll Of w Ii. &. were. 1872 votes.
Deductas eNpuDged votes. %
Leaves good votes ..............I5i
G. SIS. poll at the end of the cleo
ton. ...iSO
Deduct expuDged votes. .......... 23
Good votes-...... ..........,.....I57
Whicl, gives G. Savage amaiorityof3 votes-7S,
.sl,at he was therefore duiv elected.
The House proceeded TO investigate this re.
mort when on Mr.. MERGERS notion il was
laid on the fable. and ordered to be printed
M WLNry presented a petition from sun
An inhabitants of MONTGOMERY County. pray-
5n,- that separate poll for an election Of Mem
hers of the General Assembly; &c. NAV be held
on ,he,South side OF the Pilot-Mountain in the
said county and also muster, to be composed
of four Captains companies to wit, Captains
Smith. Goodscn Eester and Thompson-f3c-
fsrref. -,
was referred go much Of the Governors Mes
SAGE as relates toa chart torcach county, and
p general map of the territory of this Common
wealthy reported bill TO repeal so much of
the Act of the last Session, as relates To provi-
ding an accurate chart loreach county.-Beter-
red TO Committee ofthe Whole on the State
OF the Commonwealth.
elr. JDiii;dms presented petition from the
trustees Of the town of Watson in the county of
Hampshire, praying leave 10 raise by lottery
S2.00o, for the purpose of erecting a new bath
hovse, and improving the public lot in the said
1own.--i'efefrcd.
On melton of Mr.. Blackburn, leave was Civ
en- TO bring in bill +" Concerning the sale and
conveyance Of lands by persons not imposes
sion thereof"
adjourned till Monday, ~ O'Clock.
Monday, NogsmJe,. 25.
This day, the House were principally
in Committee of the Whole on the Sms-
pension Bank BiU-The Debate was long
and interesting one-Our materials on
hand would fill a dozen columnS-But as
the public would rather have short view
of the whole at once, than wait till another
day for IargerdIsplay, we shall seize the
principal points of each Speaker, and give
a mere Sketch Is
The House resolved itself into Com
mittce of the Whole ON the Bank Bill
Mr.. BaLer in the chair
The bill as reported by the Select Com
mittee, is inthe following words {:
ELL,
To suspend far further time the Act entitled" IN
Act to pr9ridemore e6'ectuaily for the payment of
Specie b. The sereral Banks of this Common
sggflih.'
BE il enacted by the General Asse,nJly. That
the Act entitled, An Act, to provide more
eftcctually for the payment of Specie bv the
several banks of this Commonwealth" shall be
further suspended until the 10th day OF July
next, and no longer.
Prorjded That no Bank within this Common
wealth shall avail itself of the benefit of this
Act, WHICH shall not, on or before the 10th day
of January next have resumed the payment
IN specie, of all notes under five dollars.
. h. csI
Committed moved the following Substi-
fute, which he said ne would have offered
10 thr Select Committee, if he had suppo-
sed it were in order for Tim to have done
50:
BE it ennctsd BY tie General 5sselaJlg of Vrgi-
ma, That the operation of tde Aotpassed on the
23d day of February last, entitled " An Act to
provide more efiectuaIiy for the payment Of
specie by the several Ranks Of this Common
wealth, and suspended by an Act of the pres
eent essionuntil the 18th day of Decembernextl
Dc, and the sameis hereby suspended, so long
( as the said Banks shall refrain from declaring
; and making dividend of the profits of The said
Z tanks, already accrued and undivided, or here
after accruing, and nolOnger.
I > his Act shall commence, and he in force,
from and after the ] 18th day of December next.
Mr.. Hay said, he would take it for gran
fed that the Banks could not pay specie
at this time, or on the 18th of December
calculation, founded on the documents
on the table-and he would also assume
the proposition, that specie payments
ought TO be resumed, as soon as it could
be done, without great injury TO the
Banks-tilat he wished to protect the
ranks. and would grantso indulgence,
but thus ought TO have limits they had
already had an indulgence for wears.
and though they had been advancing to
specie payments, it was by very slow de
grees, and he would makeit the interest
of the Stockholders to accelerate their
progress, by snspending all Dividends
that he objected to the bill itself, because
1T fixed particular day for the resump-
lion of specie payments that though he
meant TO cast no reflection on the last
Assembly, whose general measures had
done great honor 10 the country, vet he
was of opinion that they had alien into a
similar mistake--that if the Banks had
opened their vaults on The day fixed by
law, every one who held their notes
would have rushed TO their doors. and
even crouded the streets although the
Banks had specie enough to answer the
demands, which would have been made
upon them at ordinary times, toe demand
would be much greater at present, how
ever great their ability TO meet all their
agements--tha If was to guard against
these consequences, that the substitute
was proposed no day oughttO be named,
as IL was a notice 10 all who held their
notes to ensemble and demand specie- that