Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1820-03-10


abe death gale passed ny,
AND his breath isiid 10 smother,
lct hSrr st3!l lie wake
To Iac voice uf his uio,hsrI
S S Tor !he white nsan! DER deserts ranger.
N' iVIe Sha we welcome he white eoOmd stranger
90 ioved OF ;he Lotus
Thy waters atoing,
Four Johba pour
Thy tuii slr-ains the mornugl
lHe ll4lcyOn may ny
10 ID, wave as htrpillow;
eu. woe ~ the 0hite '-aa,
Who trusts in thy hiliow,
Slas t'T he "hite mani Ger deserts ranger.
No more s.'a sc Nei;me the white nosOii''d stranger
g Tie 'aunch'd his lieht bark
ouriond warnings desp,sing,
hnd SAIL ~ the land
NLer~ the day heains rising.
HIS VIE TT an her hover
Way loos fortb in her sorrow,
Bal he stall Be'er come
r. R-r no e nf L. morrow!
t'asl for the White man o'er deserts ranger,
No more SHALL We "e'eomrih' white ""~'' . 'uanser"
- s54.sSs - Sxs.e..----
X pert ofthe Secretary ~ tas I--.<,.y ~.
d'encs to- RrloiatioH f he House If Repre-
seHfqtircS Of 81 Ner.h SIG, t"Rsmitting siute-
msatS ~ 'ttNion to The ,opdi' i,n Of the B.Dk
u ths "itef iateS Gni is fees ; also, ssate-
H'enis ~ reLt!ion 10 The <Rnriiun or diGrr-
sm CHARTERED B0htS IN TIE di4TeHt states,
ai'i tse district Of COisn,bia Sc
TREASURY DEPARTMENT. }
'Zth February. 1870
SiR,-ln obedience 10 e resolution OF tie
hpuse at Representatives, rassed OF the iAt
OF Ma'cbf 1919 directing - the Secretary OF
HE Treasury to tTassmt to congress Al an
sdiiN period IN The next session, a general state
meat of the cnn,ii ion OF \ihe BANK of The L.
states aud lis offres, similar to the return
made 10 b1ni by the Bauk and A Statement
SNhioitl"g HsncaiIy a. U'ay be pTacti, able the
amount 81 capitst invested ia The tisiereut
chartered banAs ~ the several states, aud IN
.he utstfict OF C0lUnt'ts the amount ct notes
'HSHel ana ia r3rCs!d':on, TIE pnD!lr N pr:-
vtie oepU(fes az teIH the amount OF loan, and
discounts made hy them and rem lining mll-
pai", anu me oi"lqn1h'itT 9tSpecie they pos
Ses. and also Ia report such measure, as i'm
his etiaiop, nay be eNpedirut 20 procure aud
ret'ln SntiCieh! quantity of gold aud silver
cOin IN the bniied states, or to suppl, A circu-
taxing mt'tf9nI In rI5Ce Of specie adapted to
uio tXlsenctes ct the couHtrv and " ithiii tie
power OF The E6,esumeDt - [ have IKE bonor
10 submit the NubiOnIpd epoTt aud ..atements
Ssdtetnen; \. exhibits HE condition. OF he
Bank OF iue United states and its otTcns m,
li'r oJ.n sept. sig.
St"tcmeh: Is exhibits the amount of bank
tahttai alth1l iZed by law, duIing The years
1911, iSt2 'Si6 aNd 1871. 4 tiiis statement ~
founded upon tue applications made 40 the
tredSu iihde: ine aCts amp ~ is stamp q RtlsS
IL ~ bsiitNFu 10 &c tStdniiatiy correct, The
SV'fase dividends npOH Which The stomp duty
was -ild, "uiiBg those Years. atnguaied To IL
pOHt pr cent upon the nominal amount of
capital II IS however. a IN liter of general
hotHFie.N. hlt tie aiVidrndS II Oh la K Gapi-
tai, @ci1f!'y pad exceeded thaI rate. ii IL is
assumed, 'it't Tie digl ieuds d-cIar,d aud up
an "Hch tae jay Wa paid, amounted u.-
iIs thpse years, 20 10 per cent. thpli the clpI-
t2l ciuaIly paid iu illt year 1917. instead of
ntA= tpoI~ tnO 81 - 100000 = b, Il is Xhiit d
III statement u vii! be .Ouud TO be hiDsat SJt-
V'V,DJ0 'ut shau &c IL Tecviected that after
.'e hrsl payment required BY the charters OF
Tue different bauks. they nave generally gone
iito operation, az IS probable ttai a L0nSidera-
pie tiOpoTtiOn . the remaining paVineuts have
added "otGi"g 10 tnRiT active cauiId!. Tliis
fact being assumed, and deduction bpiHg
mace os tie dm0uht OF peI mdueht d, cOninu-
udtloh tRJ0yed ny The STOCKHOLDERS, IN their
Vfs hank L. Il
Nis states NAV be fatty estimated at d. sum
not rScetdiuS Sfj 900 900. iiiai these de-.
b ducupuS ought 10 be made in an attempt to
ascertain The real amount of bank capital,
cannot, &c IS presumed, be contested, Ii a
NiOthHnid@T 10 the amount of 10 UOu dolls, has
PEI buent accommodation H. tie bauk of
800 Hois. he has in tact bUi 1900 dolls OF CAPT
tai, IN Use bauk. This is eqnnii> true Vltcn a
p'IliJu ~ his subscription has been aid with
hS o"h note, however well endorsed =, long
q ihe "oie reindius uurau, il adds nUihiKg 10
me real capital OF he bank
SUCh a. IS believed has been the prncpss lIv
htciI tbr capital OF lpsi OF tit, b I'd Ia, b. IN
fpIniHd, |hch nave -ecn Incorporated since
~" comm HCemeHt OF the laiP war Since
that period Vimks nave been incorporated. Uut
OrcaJSe ibtfs "d> cayiteI see KIM Investment
GOt Drchuse The j'idr"S giIrTe titcv IS etc tsfa-
DliNhrdhtd hunerce aud IA manufactures aach
ieghued jheir tO,tetiuE aid n,it because mpu
Without active tai'itd wanted the means Of
obtaining loans, wnici iaCIt standing iu the
community wpnId not crmtraud from banks
OF mjtridudls nnViag rcti ciailai aud csta-
biished credit. H"ce. iiie InuitipiIriiy Of 10.
ca banks, scattered ,VeTtte tsce at liia conn
t'g 80 Parlrmior paris OF 1850 Union Hl,icIi 10y
tle Depreciation q tHstr ianer, have lsvied II
l"N nPGn ihr cCnDpuriti Wtthiu tic pale uI
iiiet uihUc"cr, tAct ing ,it u.GC CJuuibu
tiDn udid IS Ien.
StIteUi ~ G.. Irrsetfs lhe condition " tue
stale HdHks from which &C. iIrus hfy, b en- re-
opVcd, Or hive been transmitted by Tie spr-
teiHtisS OF state OF c.tisfeut state. m cpHiDru-
iiy wuI ne qHcsi of III Treasury Drpdtt-
iucnt liy cDmpNtug ths settlement WITH
statement - viii be- eICoived thai itisverv
imperfect. Ind pendguiiy oi the p,rk, chirii
have Deeu created -ince tie wear 1917, n wil
bc az covered thai hank capital to tina snouut
% more than 1900 DO dollars. COMMUNICATED
in stdtemcut y, Is not embraced 40 10 As the
amount Of Bank capital exhibited in state.
meat &. IL u ~ OJe dolis. aud lis specie
yS2s 600, fhe whole specie possessed b, the
State B4nks may be estimated az i2,2ja.pDJ
dollars; IL 10 THIS sun BE- added the specie
~ Tie possession Of nc Bank Of The q States
a.d it, ottces The specie capital Of all tn,
al - 58J,009 doiiais. There are no medus Of
cerat6ng, with any degree Oppression the
aW"unt Of specie cir citrUitii0H tits lroha0lc
however thai % docs not eAceed 1JJ0 0OJ.
collars. As usuing tiS 1mOgut g. be neatly
correct, the " GUie metallic currency OF the
Omon may be estimated 1T 20 OG0GJ0 dollars.
Applying the same tHle tor sscrTtdinlug the
circulation Of lie banks not embraced by
stdtement &, which has been employed to d.
ieInihs asirsgecle, the whole amount OF bank