Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1820-12-23

Sgreed 20.
Fli,y-fve petitions were received without
being read, aud laid on the table.
LITERARY FUND.
On Tncstay, The following interesting
resolutions were submitted 10 the House
OF Delegates by Mr. Griffin OF York, aud
referred to the Committee of Schools and
Colleges:
LIST. Resoired That all monies which have
been appropriated 10 the counties of this
Staio, from The annu>l income OF til. literary
fund, and which have nos Vt been drawn by
any counties shall be paid upon application
of the treasurer or other oS5cer of such cnun-
ties authorised by law 10 receive The same
I'd. ReSoiced, That in future all sums which
shall he Appropriated 10 the counties of This
state, from the annual income OF the literary
fund. may be drawn by the treasurer OF such
counties at any Time after the dividend shall
be made.
Sd. Resoired. That there he annually appro-
priated iIOm the Income of the literary fund,
hundred dollars, 10 such of the acAde-
mics OF This state as shall, in the opinion OF the
president AID directors OF The literary fund,
be III state of successful progress aud such
academies shall annually report TO said presi-
deut ard directors the situation of their in
stiiution, their funds. number of professors,
and OF pupils educated thet elm.
4th Reyoired Thai trom the income Of the
literary fund. tliere be annually appropriated
10 tie University of Virsi thousand
dollars and TO each otthe colleges OF " Iiliam
and Mary IiampdCn sydney and Washing
lou the Snm OF thousand dollars anuu-
ally.
9TH Pesoired, That each Of the arad.mips 10
\ which AN appropriation shall he made, shall
Annually receive into tins institutions moor
hoys, 10 be educated nee from expense by
said Institution, in snch branches of scIence as
shall be taught in such aCadC mics the mas
tiers or professors 10 select ihoSr'mnsi highly
recommended Tor their diligence and progress
in learning. from the djAccnt pri nary schools.
| 9th. ieeSotred. That the University of Virgil
| MIA and each OF the colleges nf William and
| Mary, Hampden Sydney and Warrington,
! shall bienniany receive INTO their Institution
pOoryonths ut this state. 10 be- educated
| III the higher branches OF science fee from
| expense, taking care TO select those most
| highly recommended by the academies aaja-
cent, Tor their capacities aud progress ia lite
| nature.
9TH. ReSOired. That all monies nov in the
| treasury or III any bank of this state arising
| from the literary fund and which may have
| been deposited by the president and direc-
tors Of SAID inUd or by any person bS their
order, other, Than what have been appropriate
| ed 10, and remain undrawn by the counties
| of this state: and all future balances arising
! from he,lIterary fund after paying The annu
| al appropriations charged theI eOn, be appro-
| priaied 10 the primary schools in the several
counties OF this state, according 10 The estab.-
! lished ratio.
| S,h Resoireg, That all monies appropriated
| by the legislature to the academies colleges
| ana university or virginia, together with all
| other funds, whether they arise by purchase
or donation, shall ii future be at The disposal
| and application OF The governors. directors or
visitors of said academies, colleges and Uni.
vPrsity, only.
9th. ResOired, That the preceding rcsoln.
| lions be referred TO The committee OF schools
and Colleges, with leave 10 report by bill or
| bills.
| Mr.. Robertson from the Select Committee
I ed a Mt thp Law -
| ing The circulation OF smsil notes under So -
II is the object OF this bill. TO arrest the cir
| culaiion OF all notes, tickets, sc. &c. under
| 81, whether foreign or domestic allowing a
reasonable time Tor the bauk, CO, psTation sc.
| 10 call them in.
We lag before our readers the Memorial OF
| the Bark of the u. -Itauuears thai The hill
presented by Mr.. Sanford on Wednesday 10
| the SENATE of the n. :, makes provision for
| gratifying TWO OF their requests, bnt not The
! very important one of dispensing with the
| obligation imposed by their charter Of re-
| ceiying all their notes, wherever issued, in
| payment OF The government dues. The Sec
retaiy of the T,easutS's Annual Report seems
| to coincide with thus idea lie saws
The obligation of tin government to receive the notes
Of the Bank of the United, States without reference e
the place whero they pay able lrs given them their
universal currency Al Ots ISSUED south and oi
| Washington heve, IN consequence Of the safe Of *
change between these place AID the cities to III,
east OF this place, center Va those cities The bank ha
consequently found itself constrained direct those branch
IS 60 refuse issue isnOcS, upona rpue of r
HE effect OF tiesr conibiT Inns lec The exclusion
from circulation, in all III states md sot of the
of government, Of of tie the u s. snt
its offices. IN several Of Those there sound uapt
cIrculiiIU. 10 int rull TAXATION, r sucl
circumstances. would b. e. tqrc Of the ezes hUs
states, what viii he impossible for them perform. Werr
paper crcuaes nunry, which NOT convertible int,
specie ercuatsto the exclusion Of specie and Of paper
which is convertible into gold and silver COIN In ali s,icl
Places Che payment Of drcc q Internal specie {,
IN the notes Of the Bank Of the United StPtcs viii be-
practicable. Preliminary intria taxation
any kind, the charter u e Bank OF the U. 5. uugit to b
amridt as 90 make the bills Of az .C uits Of Ia
Bank except that the Of government receivable ont
w thu where they undr payable, aud IN tie state
| anil territories where no office is established"
But suppose that This arrangement were
made, and The notes OF the Bank hecame a
" local currency" what would become OF the
/ greatest advantage promised by thisinstituiiou
aud uiged by Nj. Dallas as a reason for ~
establishments Where ~ that universal anC
uniform currency which ~ was to establish
and whichto many eyes covered over IT'S uG
copStitnliOnah,y IL was also 10 equalize TIA
difference OF exchange vet this local CufTeu
cy would still present az great varieties, - th
Notes OF other specie patirg banks. Not Il
speak ofthe loss which E0sernmsnt Itself goull
sustals ~ This difference Of exchange ~ trans
lcrrinu is funds from the places where The
are received to- she places al which they a.
: expendPd--au advantage, which has f0rpc
no sight sn8ecl Of euiogium with tue ifieHd
o. tie barn
n The gafin1se PED. Ga<eis " the 20th. states
4 very gsuec4i impression. th.t tbe y s. BanE ~
e declare q dividend iu January ths 1Om ihe Dot