Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1820-01-22


lion o! Mr.. Ford. cunmiited Ia II com-
n'itee Of The whole house, aud ordered
~ be printed.
Mr.. ). from the same committee. re-
ported 4 bill authorship Il Subscription
10 digest ot the laws of The United
States, proposed 10 be published by
James Maxwell; which WAS twice read
anu committed.
MIR StorrS, from the com mi,tee OF Roads
ana Canals, ma'le an uutavprabie report
on tue priilIOn Of john Good which was
read and committed 10 committee of the
whole house.
The Speaker laid before the House a
com municatIon from the War Dcpart-
mcn', exhibiting statement ct The con-
tracts entered into by that department,
during the last year, rendered m compl,-
auge With The provision OF existing laws.
ihr Speaker also laid before The House
communications from the same DEPART
nent, transmitting information required
by resolution al this uouse, as 10 The
progress wblcI has been made in the
civilization OF the Indians, &c.
These communications were ordered
10 lie on the table and be printed
hr cngrosSed bill la alter the times OF
holdIng the courts IN the western district
OF Virginia, VAS read the third time and
passed, and sent To the Senate Tor con-
currPHce.
The House, on motion of Mr.. Stroller.
proceeded 10 the consideration OF the
resolutions snbrlifed by h,m on Friday
the question being on the amendments
proposed thereto by W. Lowndes-
The first amcndnIeni for striking ont
The words = without delay was agreed
10 without ~ DIVISION.
M. StrOtheT opposed the second a.
mendmeni, proposing TO strike out that
part of The 4ih resolution winch REQUIRES
The 0pInlou oi lie Secretary OF The Treas
ury whether, u the price of stocks is "A
boNe par, /, viii probably continue SO
uniti the period al which the stock issu-
al ~ HE ia'e war becomes redcenable,
dc. tie contended that The Secretary.
from his superior information and con
s'aut attention 10 ihe subject, which no
member OF this house WAS able 10 he
STOW on II, would be able TO give sucl
opinions as would cnllghlpn the house
On he subject, and lOrsuch data as would
enaHIeht 10 arrive al a more correct judg
menl III Tue important measures which 1t
would he Necessary 10 adopt IN relation 10
the nSrai concerns of the nation That, il
tte Secretary did not choose Ia hazard
an opinion on the probable price OF the
SOCK four years hence, he might safely
do II as 10 the rtsent and next wear. &c
-.
illustration ofhls opInious, to con sidera-
bic leaS'h, III snppori OF the resolutions,
III the shape and 10 The extent in which
he had offered them.
Mr. Smth of Md. said ii was custom
AIRY 10 ask OF the Secretaries a statement
OF facts, but very seldom their opinion
ON pubic matters. On This subject, how
ever, the Secretary of the Treasury had
1ni!N commune a'ed his views, with tie
facts, III his annual report. MIR. s. went
Into an examination OF the facts Counecl-
e. with the slukng fund, amt the price
rol stocks, To show thai there would be
Two millions and 4 halt oi the sinking
tnnd neappiicable TO paying the public
debt ia the wear 1921, and the sam OF
nVe mliiloAS the suhSe Iueni years, &c.
uniii, IN 1924, there would be n surplus Of
twenty millions, accrulng TO This fund -
MT. ,. fonk Tins view, aud an rXainina-
lion OF The Secretary repnri, 10 support
The opinion thai II would b. greatly pre-
terable :" use TINS Money, otherwise iyiug
uea, ~ Tue Treasury, instead oi borrow
ing tor The public PxIgeDcIes arguing
fha, Tie pubic dehl had been discharged
more rapidly than was exprdtent, and
that It "ould he wlse and prt enl To alb
siraci the Surplus of the nexf year At
least from the sinking fund Tor The ma.
IonaI use. h took, also, Il view of W.
rI0us cIrcnnis 'dnces which affect the
pnce OF stocks, and make it extremely
nuc'ualIug, 20 slew that there ~ as no
div'u ~ Ihe pricr a any part u ar peri
OF az h"Str, &c.
Mr.. SiTOiker rcjOned, aud further main
famed hts opinions. thai the intelligent
public agent, whose attention had been
Ion years applied TO II particular subject,
would be- able to give opinions which
njipli StIl. Intpil i!lp upus. {n-fni.,.,
decisions on that subject.
Ihe question was then taken on the
amendment proposed by Mr.. LoscndeS,
and agreed TO.
Mr.. Ff0yd moved TO amend t!,e first re-
solution by striking oni The words whicii
require the Secretary 80 State Tie actual
0aiince " in The bands OF tie Treasurer,
as agent Of the Navy Department aud
The war Department" inaSmucii d. These
ialdncPs, having been dramD from lie
Treasury and placed IN the hands OF The
Treasurer as agent Tor lie other Depart
mentS, were nov beyond the control of
HE Secretary, &c.
NJ. Str0fhcT opposed the tnoiion, and
spoke 90 ObviAic Inc objections To it.
jhc motion was LOST and amer snnp
objections by Nr. Coj5 10 tl,e second
resolution, which we're an< werph bv
hirssrs. L0VHfeS and EOOt, the iarrc hrsi
RESOLUTIONS were suCcessively agreed TO
without a division.
The question being put, OH agreeing 10
The Ali resolution, requiring OF the Sc
cfciafy % jbe Treasury To- report The
1rice " tie public slOcks, wiih his opin
tOH - whether II would nul he advisable
10 apply lie surplus OF the Sinking Fund
10 HE annual expenses Of he Govern
mtHi, rdiBer iiiiu resort TO loans aud