Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1819-02-13
DOMESTIC.

lue OF the property OF the University of
North Carolina; by comforting the cstl-
mated value of 100000 dollars on do
nation OF 10000 acres of land made by
Gen. b. Smith. some time ago, Io that
institution. We wish this flaiterins an
ticipaiion may be realized as the Uni.
versiiy has heretofore been scan,ily en-:
lowed, If mol greatly neglected by the
government of the state of North Carroll
DJ. Nat. Int
STOCKS.
United States Bank Stock is quoted,
in Baltimore, at %. orr per cent. below
par: at the same time, United States six
per cent. stock is quoted at I0l, or Que
per cent. above par, AMI exchange on
London at %, or = per cent discount.
The quotations from the New York Strip
ping and Commercial List, of The 5ih
inst. do not vary more than one half per
cent. from these prices. III.
Among the Memorials Yesterday pre-
semted TO the House of Representatives
was The following; Of which. as it relates
10 subject i'm which our readers have
taken much interest, we have procured
copy Tor publications: 10
TO the honorable the House of Representatives
ofthe United States, tie Memorial Of nj
ham Jones, late President Of the Bank Of
tie United States, respectfully sheweth-
That your memoralisi has, for some
time past, been afflicted with severe
disease, which, until represent moment,
has precluded tile preparation OF the pa
pers which he has nov the honor TO sab
mil, in explanation of the testimony,
touching Ills private oncerns, which was
delivered 10 The committee appointed by
your honorable house To investigate the
.,ft I.a .,f I,if al
States that your mcn,oriaisi, sOiciious
TO exhibit these transactions in ilrcir true
light, and 10 submits his public conduct
TO the candid scrutiny of ynpr hon. body,
begs leave 10 refer io the statement of his
private transactions IN The Stock of the
Bank, which he delivered 10 your commit
tee, aud 10 the statement OF facts, and
the documents thereto annexed, here
with submitted, which he trusts will esia-
blsh The l1wiulncss and innocence of
these transactions thai tte only stock
which your memOrIaiis sold 10 prohI was
the two contracts mentioned IN his stale
menf To your committee, wMchconfracfs
were sold tn a Director =. 'he Tank, who
was not likely 10 become The dupe of ar
fltciai measures, to enhance the value OF
the stock; that the shares which your
memorialist subsequently, disposed OF, in
order 10 meet his engagements, were sold
al great loss; That The whole amount OF
stock which he now actually holds, as
statcd 10 your committee, cost him Sl53
per share, and, il valued al the reduced
prices, the result of his entire stuck trans
actions will exhibit very heavy loss; that
in this amount are included 1870 shares,
now pledged i'm London. Che sale OF which
Is 10 this day restricted to G3f sterling
pei siare,) for the payment o! loan
whfc he negotiated, in order TO avoid
borrowing the Bank Of the u. States, of
which he has no loan wlatever-nor is he
indebted or responsible 10 that institution
either on his own account OF for any 9th
er person, directly or indirectly, for a
cent that he has held the stock which
he now holds during the progressive de-
cline in the price, while he has been ear
nestIy engaged, III his official capacity, in
promoting all those measures of precau-
ton and of expence incurred by the i'm
poriaUon of specie, which were indisprn-
sable To the safely of the institution, but
which II was clearly ioresceu would di-
ninish the profits and dividends of tie
Bank, and greatly depress, al least for q
time. The price Of lis stock. Your memo
r!slist furlherdec!ares, that his doa!ings;n
the stock Of The Bank were founded upon
iIveneSs of The institution, IN the many i'm
portant advantages which, it iailly enjoy
ed, he believed it to possess over MANY
other institutions, the market value of
whose stock approxIma'ed 10 The highest
rates which that Of The Bank nfihe United
States had aiiabed-and inrhe reCoilPc-
ton oi tie fact, that towards HE close Of
the charter offhe oil Bank, tho govern
ment OF the Uniird States sold To Mr. Ba-
ring The whole OF the public shares, al the
rate OF $3.50 per share thai in regard to
lis public conduct, as "a Director of the
Bank OF the United States, your memo
rlalist does most solemuy assure your
honorable lIousc, that he has been aciuai-
ed BY The puresl motives, aud with per
feet fidelity, diligence and zeal, has en-
pioyed las best faculties and Judgment
III promoting such measures as he brlicv-
ed, nj iIe ii?e, were best calculated To
advance The interest OF The public, and Of
The institution that The private transact
iiops hclI have attracted the aniiuad-
VERSIONS of your committee, bay in no
wise influenced his judgment or decision
upon the important measures, in which.
as 4 Director, he has participated and
that Tie reasons aud motives assigned i'm
his written answers 10 The utrsiions NH
to him 10y your committee, touching the
proceedings the Bank, and those u hicI
are recorded IN Tie minutes aud cores
pondence of Tie Board Of Directors. are
the trHe aud only motives by which lac
has been go, erned III his official conduct (;
that, III advocating The loans on the pledge |
OF stock, he was influenced by The addi- |
ilonal consideration thai The original CON
slituiion of The capita stock Of iIe Bank
comprehended twenty. mIlions fun
ded debt, and seven millions in money,
whereas, by The rise Of funded dcbi 20