Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1820-11-24
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BANK MEETING.

Then h.s'ns bis lame ease it hal,s aud i, trips
ANA bow does it end I'm q total eclipse.
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BANK NEEDING.
LONDON, Sept - Yesterday a Court of
Prop'ittcrs was held a, The Bank of England,
for tht purpose of receiving the notification of
the dividend tor the current MALT year
At ~ o'clock the Chairman CHARLES Pole.
E>q.( entered, acc ompauied by number of
the Directors.
After the minutes of the last court were
refi, The Chdirman stated that this was a
QuArtotiy General Court ot Projectors and
also itN Yearly COust. by Tie by>awS. 1t
VA. ms Say - propose 10 this Court that
dnid Nd ~ FIVE per cent for interest and prn-
M, be t'Sn.d .or The halt year ending the 10th
VI De- E"Nt. Was 10 the pleasure of the
coUlJ t'.ai snrh dividend be ordered On
tie question: beIug Put il was carried unanis
taon.is ;and The neGessary warrants for the
dtylieud were ordered to Represented on
Wrdne day the 10Th of October next.
The chairman ihen inquired whether il was
the intention of any Proprietor TO submit any
proposition 10 the Court; because il il was
MOI, u Gniy remained TO put the question of
snisurnmont, the usual Business being gone
through.
\ proprietor, whose name we could not
learn. hoped he should not he considered ont
or order IN taking this opportunity of making
an IUqul,y of the chairman, founded on the
public rnmourS which had lately goue forth.
The rbj Ct of his inquiry was 10 know If there
was any truth IN the rnmour that the new plan
soner| VINO we're appointed 10 consider of tire
bet means 81 preventing ;otgeties, was found
InpiarttcAble in the progress Of the efforts
inade 10 carry II into effect. 1t was most de-
sirahle that The pablo shonld be informed
whether there was any foundation for this
e pr. (!3eaT( He hoppd, therefore that
t"G chairman would phrase 10 inform the
court what steps had beeu taken IN further
ance OF the recommendation Of the Commits
sinners and also whether they were likely 10
answer .he expectation originally iained
at ihcm, aud II so, ~hcn the public were like.
~ 10 tape the benefits of the plan.
The Chairman said, InrspIy tnat the Wor-
thy Proprietor vas perfectly in order In put.
ting this question aud he was glad 10 hnve the
opportunity thus afforded Of cOElradictiue the
rnmoT that any diSaproiutmeUts had arisen in
ths progress Of the plan adopted on the recon-
'~ardiailon OF the Commissioners; such ru-
no., lie IVES happy 10 say, was totally desii-
tate OF foundation Hear The plan de cided
npon ny ihe Co'nulI'sleHers, and adopted bytls
Directors, WAS immediately ordered TO i've car
ried htO execution, lie need not Temird the
CnnTt That as great deal of machinery was
necessary, Ia The fTStinstance, fur the prelim-
mary arrangements, which we're Indispensable
III carrNin. the plan lnrO cXecutiOn SEINE de-
lay was absolutely Decess sry before the public
could have the benefit Of ire proposed i'm.
provemeDi. The ARRANGEMENTS he wa, han
py 20 say were as forward as tneY cOnld he
expected considering the nature of The un.
dertaSin$. The attention and anxiety OF the Di.
rectofs had been from The beginning unieHi,.
tug, in ordering every thing TO be done which
tile new plan required tbeT constant alien.
ION had been devoted 10 the subject but
tie Court must be aware, from the very ma
ture OF the arrangements, that their Compile
ton did not depend upon tile Directors thev
we're necessarily IN Tie hands OF artists and
mechanics OF different descriptions, who were
employed ~ carry on the work and evsrv
thing had Hitherto gone on as well as cOuId
reasonably be tXpected.-He had HE satisfac-
tIoh OF Sayiog, That though he conll rot name
n%ed aud determinate period wien tile new
p1IeS Wonld be ready tor circulation. vet ne
bad every reason 10 believe that no great
lengih ~ time would eiapSe before they wnnId
be ready. Atpresent, he trusted il wand
aiiay the public anxiety TO cOutrahc; the nm
founded rnmOurS which had prevailed. tho
he repeated the difficulty he laDoufed undpr
III hiking specific ume for expecting the new
notes TO be issned. Quantities of paper must
be prepared, aud The time mnst necessarily be
allowed tor the completion of all the previone
arrangements Il Heard
Mr.. Young DECLARED the satisfaction he felt
at this Official contradiction of the ruIuour
which had so enormously been disseminated
ont OF doors, and lie trusted meaps vouid he
taken 10 contradict it as widely AS il had been
circulated. (Hcdr. } Though he was uerfert-
lg aware that uhder the circumstances vbtrh
must attend new and comprehensive plan. n
WAS dithcult, perhaps impossible TO sneoifv
the precise tIlns when the new notes could be
Issued yet sill he hoped he should MOI he
considered intrusive in pressing npou tie
CHAIRMAN the ieceSSiiy Of naming some prob.
able tune when the public might expect 20 de-
JiFf the advantage held ont by the invention
recommended by the Commissioners. Hear. J
a genera statemeni WAS of course all thai
oOHd reasonably be expected from the Char.
man ana subject TO contingencies. some
'nca statement would he thought be great
satisfaction 20 THE public al large.
1ie Chairman iamgUied his INABILITY TO Le
90 specihc as The wSflhy proprietor wished.
~ ~ were, ~ tie present state Of the arrange
mtnts 10 name probable time, aud thar at
ftf""tds Inexperienced ensupd, you'd he
not, by the premature declaration rather
augment an esil, If any previously existed.
Wan t"ud to ailIy ~. an sac vorthy prourietoy
seriHeG 10 ihi1k Besides, what lie consider
Ell 10 he The inrN pediency OF 4Dy pEqrnsints
declaration ~ point OF time, til re Vhs a pres.
ent aH actualimpossib lltS for the Cont oTDj-
rec'ors 10 proD5nnce when The new notes
would be ready. Il did not rs he had al
ready SAID, depe'd upon thpm-iheY had Al.
yFHdy done az iu thtir pJSPr TO give effect 10
we itpoTt OF The Commissioners, aud all the
rlachiueTy Was ~ progress. II did not even
1tp"od upon the artisans 10 say wbVu the new
poirs would br Ssnod 1or every body CONVEX.
Fint ~ machinery mnsi Know, thdt some au-
relt't1iy attached 10 practice to tho hest re-
shIdii0n' ~ theory the machinery, flioash all
completed, might in some past or aaofheT
sou, or require alteration when set IN motion.
y vas obvious, therefore, that were he now