Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1818-12-01

books of The Bank, when required by a
committee OF Congress. As To the neces-
silly oil the enquiry proposed, he presumed
there were few oiihose near him Who were
not aware OF the agitation which exists in
the public mind Oh this subject, and who
did not perceive that, from one end OF the
country 10 the oihe3, loud complaints
We're made against the conduct ofthe OH
GERS of he Bank. 1t was necessary for
hun 10 state, Mr.. ). said, as he did expli-
Guy slate that lie meant 10 duplicate the
conduct OF the Bank IN no respect: OH
that point lie had formed no opinion, and
would form none, until the facts reported
by the committee should justify him in
drawing bis conclusions on the subject.
He was neither hostile TO The Bank, nor
particularly friendly he owed nothing To
it-he WAS The proprietor of none Of its
stock, nor. that he knew of, were any of
his friends. But, that complaints existed
against Tie Bank, he we'll knew and
whether well or i'll founded, itwas equally
due to The nalion and TO the Bank, that a
fair enquiry SHOULD take place, aud such
report be made as would Shew that the
complaints were unjust if such should
prove to be the facl, or, if otherwise,
slould es'ibi, the specific Instances Of
misconduct which the committee sh0uld,
be able 10 discover. The objects spccii-
ed in lie resolve, MIR. S. said, were all
those respecting which, to his know ledge,
complaints had been made and they were
subjects respecting which II WAS al least
certain that the natInn required Informal
ton. The friends ofthe bank, he thought,
ought to solicit the enquiry proposed !;
they should be anxious that a full iuvestI-
CATION should take place, and that too by
r. nm m linn. t,.,.s,
Sainst he bank TO crafty, nor any feel
ings of friendship or attachment 10 bias
them against Ii-bya committee depend
inS on Their Own inspection for facts, and
not OH information ut a general nature de
rived from The officers OF The bank. a full
and fair view OF the whole subject, thus
ostalnrd, would be attended with the most
happy Consequences, TO the nation and 10
the bank. 1t il should be shown that i'm
nense discounts had not been made TO
particular persons, for tie purpose ofspec-
ulation merely that, by this means, the
stock Of the bank had not been blown up
into bubble which had now burst that
the bank had distributed its accommoda-
lions with a view to the accommodation
OF the community rather than of lndIvitl-
uals =; that il had used lis best exertions 10
accomplish what was one OF the objects
of lis establishment, the equalization Of
the currency, as far as practicable /; ii it
had done all this, and fairly endesUoyed TO
meet tle public expectations, although
it may have failed in that object, il,
would become an act ofiusiIce TO rally "a
round the institution, 10 sustain and give
1t credit, because no one could doubt the
utility OF such an institution 10 the nation,
IT properly coaducted. With these obser-
vaiions, MIR. 5. submitted the resolution
iotlie Will of the House.
Mr.. NLane, OF Delaware. rose, he said,
nc; 10 Oiterany opposition to the enquiry,
but merely 10 request time 10 give To the
subject Of the resolution such d conside-
ration as its Importance deserved Ii
would be recolleCted by the House, that
resolution had passed the Senate dur
ing The lasi session, calling on the Secre-
tary OF tile Treasury 10 lay before the
Congress particular account of The stat e
and transactions Of the bank. This report
might be cxpecred TO be shortly laid before
Congress; & in that report would perhaps
he embraced all the information required
by the resolve. Although rumors had
existed, Mr.. MLane said, with regard 10
certain transactions in the bank ,Iie thought
II would be well not to institute an enqu-
~ hastily on the foundations of mere ru-
NOR. lie wished the resolution 10 lie on
the table for day, or for longer time.
That the House might have time 10 reflect
OH If. lie therefore moved, that lille on
the table and be printed.
MIR. Spencer said he had no sort of OBJ
lection to this course but he hoped that,
after gentlemen should have reflected on
1t, they would be disposed To take it up
and act on II At aneariy day.
On motion Of Mr.. !Sitstee, the commit
tee OF Ways aud Means were instructed
TO enquire INTO the expediency OF allow
lng. in cases OF expectation of goods en-
ti;.vu 10 iebenture, the same time (of 20
days. Tor completing The export entry and
oGta, as Is allowed by the act of The 2QtlI
April last, for executing The export 6Oads,
III lieu OF ten days, within wlIchi, is now
reqnlredihat the said oath and eutry shall
be completed.
The eDgrossed bill to establish sepa-
rate Judicial Disirict in The State of Viz
ginia, West OF the Alirgany Mountains,
was read third lime, aud on the cues
ton, shall the bill pass?
Mr.. FfoyF. of Virginia, moved TO re-
commit ilIe bill, for The purpose OF amend
ing IL so as 10 divide The Eastern from The
Western judicial district, by county lines.
believing that 10 be a much better diVid-
ing line tiian that established by the bin.
| The bill provides that The new district
shall be composed Of so mach of the
state of Virginia as is situate west of The
summit Of the mountains which separate
dhc waters complying into Ihe Chesapeake
Bay and Roanoke rivers, from The waters
which fall into The Ohio river.J
This motion was opposed by Mr.. Pin
SiaH, who. though he admitted some IN
convenience might result from tie line
proposed by the bill, thought it was an
Inconvenience inseparable from any divi-