Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1820-05-16

lie ii',:sSt ~ F,e pes Gent AID lie Was
told ,i,is Was a favorable time Tor doing
| If.
Mr.. Lownles said, he vas no; willing
that Tic government should b. debarred,
By lis own act, from making ,isc of It's
Incorporated funds, AT any time, in the
| redemption of Temporary loaus like this.
II the government should have money
thus ~ ing idle, The gentleman would see
| thai they would lose by il in one month
What they would gain III twelve months
| by The difference uf the rate OF interest
We ought not now 10 set the example of
creating, III time OF peace, q debt winch
u would be out OF The power of the go-
vernmeni 10 eNiingmish at its pleasure.
Mr.. Smith sand, that, il he could b lieve
that III one or two years the Treasury
would re in the condition the gentleman
supposed, he should not perhaps object
10 the proposed amendment. But he had
no expectation thai such would be the
result.
After Few words from Mr.. Johnson, in
favor Of the motion of Mr.. Lowndes, the
question thereon was decided in the ne
saiive by a small majority.
MIR. Williams, OF n. G.. then moved 10
strike out three millions Che proposed :
mount of the loan) and in lieu thereof
insert two millions. This motion was
| declared mol TO be IN order, the House
having already changed the amount from
fwo To Mree miliou>.l Mr.. w then NOV
eel 10 strike uul three millions, aud insert
IN lieu thereof tuo aud a half millions.
MIR. W said, he mace tins molten, ON
the ground that lie had M idea tina, we
should be able 10 keep in the Treasury a
million of dollars for contingencies. He
had ma wish, he said, that government
should ever have "a dollar in the Treasury
more il:an WAS necessary for the auiho-
rlzed expenditure believing tina! the ex-
pendi;ure would keep pace with Tie mo-
mes In the Treasury. 1t more money
should be necessary, the President had il
always IN his power 10 convene Congress
Tor The purpose of providing il.
Mr.. Snsiih, OF Md said he should op.
pose the notion, though he believed il
not very material. II the tuouey was moi
wanted, il would not belborrowrd. The
bill contained no ahsulGie injunction TO
borrow, but an authority 10 borrow If ne
cessary. Mr.. S. mad statement TO
slew, that even if The whole amoun, of
three millions ot the loan should be Dor.
rowed, II would not ln,Ioase the debt eli
the country, lrasmu,l as, besides The
outstanding Mississippi stock, there was
2,So0.000 OF the principal OF the Public
Debt TO be paid Oft this year.
Mr.. LUtie suggested hat calling Con.
gress wouid NJ be very economical
process for efectiug what conld so ,asily
bc effected now, by leaving The bIl as il
stands.
Mr.. F'oyd made few remarks in favor
al the motion; and
Then the motion was negatived.
The bill vas then ordered 10 be en-
crossed Tor third rea,,ng-ihe yeas and
nays being required by MIR. Cocke. but
not sustained by Sufficient number.
The bill from the Stnat-, authorizing
The building OF certain small vessels of
var, passed through q committee of tie
whole, after being amended 80 as 10 re
duce the number from SeUen 10 fire.
| CIhe object OF these vessels is 10 pros
ieci itie revenue. and pursue p,aies, &c.
III the waters Of our Southern coast. which
are too shallow 10 be navigaied by the
vessels now IN service
The bill! WAS opposed by Mr.. Cannon,
as unnecessary, and also because the cost
of the vessels 10000 dollars was no, 10
! be taken from the MONIES already appro
pliated for repairs II was supported by
h1r. SiSLee, Mr.. johnson, and MIR. Nc,ct0m,
on the ground of lis being required for
the security of the revenue, and The delec
tiot Of smugglers and pirates.
IiIe question on ordering HE bill
TO be engrossed for third reading was
decided by yeas and nays, 79voies TO 81.
And the bill was subsequently read a
third time and passed.
The bill from The Senate, supplement
tary to i!ie bill commonly called tie Ma
viga'iOn Law, passed through e. nmiliee
of the whole, where il MAS decidedly
supported by Mr.. Merton, Mr.. Ctoy and
Mr.. Foot.
The vote on ordering the bin to be
engrossed Tor a third reading, was drcid.
Ell atflrmalively, by yeas and NAYS, 81 to
25 and The bill was read third time,
| passed without debate, and returned TO
| the Senate.
The bill from the Senate, TO limit The
tenn Of Office Of certain officers therein
ham"d, ard TOR other purposes" passed
through a committee of the whole, and
as ordered TO third reading; and was
read third lime, passed, and returned
10 b. Senate.
And then tho house adjourned TO meet
again at7 O'Clock his evening.
EVENING SITTING.
Several bills, which shall be hereafter
noticed, passed through committees ot
The whole aud we're ordered 10 DE engross.
ed for third reading.
IN SENATE.
Wednesday,. May IO.-Tbe resolution
giving the consent OF Congress 10 IA com
"a. 4 D