Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1821-08-10
UNITED STATES.
NIISSOUHI I,0Av OFrlcr


;'ct oi Inc Legislature OF Missouri Tor the es-
Enlistment OF Loan Offices" According TO
tnis law, the Auditor NJ Treasurer of the
Stale are required To Issue certiic,tes, signed
10y The sad auditor autitreas9rer, to the amount
oi two hundred thousand du,,u's, OF daanmi-
nations not exceeding ten duarsnnr less than
i:ty cents, which certificates aye 10 bc receiv-
able At the treasury or any Of the loan offices
oi the state of Missouri Ia the diseharge of
taxes or debts due 10 th. state with interest
Tor the same, at The rate ot two per centum
per ann;t,n from date. These certificates ara.
also tn he received By I'll officers, civil and mil
ltary, In the State, il The discdarr. of salaries
Gld JeeS Of Office, and in payment for salt man
uiactdred at the public springs Commissions
ers are tn be appointed for each county, with
power % make loans Of these certificates To
cltiHens residing within their respective dis
uicts on mortgage or persona, security no
loan on mortgage to exceed ia amount one
thousand dollars nor To exceed onc-lalf of
the real nncunbered vulae of the estate
morfgaged, nor any loan on personal security
to exceed two hundred dollars in amount.
These loans are 20 bear AN interest of six per
cent. payable ii advance and no larger in
stdnicnts otpayment are to be required than
at the rate OF ten per centum for every six
months.
Ten per cent, of the bills issued are 10 he an
OF the State is pledged for the redemption of
the whole.
we cannot but admire the simple form pre-
scrlbed for the mortgages TO be taken as Sc
curlty on loans" at the Offices respectively. It
is as follows:
q" /, 4 3, DO assiyn and transfer TO the State
al Missouri, here describe the premises which
premises declare TO he IN mortgage for the
amount OF s, with legal interest Mt the
rae Oh SIX per centuln per annum. from the.
cay OF =, the time when due and do agree
that the same may be exposed to sale. If do
not pay the principal at the time when thcsamc
becomes due, with interest that may there
sner accrue. Witness my hand ard seal, the
- day Of
AS there are good lawyers in the Legislature
Oh Mlsssouri, we presume this simple form is
oi as much virtue as the cumhrous forms we
copy from the British laws and practice. with
ai rae Ncr5aSe OF gTtat btrgain, sell, alien,
and enfeog, TO iDcye anil 10 hotd. an f,tet. ,,sr
eriheiess, ProUided also, ,c!tcleqs and ,aoyeorer
II SO, the example of Missouri is well worthy
oi imitation, IN prescrhinga form which caa-
hpt ne IN. s'md"rstood, and will not require
the AID OF john Doe alt Richard Ro. Il, en-
force it.
Saving and excepting the constitutional in
holuoh, winch appears To us to be directly in
tle teeth OF this act, Out which a hrher fri
odnal must decide,l we do not see any Thing
Objectionable in the shape of the lne3sIIre The
L'c@isiHture hay!1s determined tO resort to il.
Oar readers know, however, that we CON
ceITe That there are radical objections to the
whole OF This paper system. The loan Office
established on the pledge OF resources which
cannot he realized, resembles 4 Bank establish
Ell on foundation oi individual notes instead
OF specie. Tie experiment has been made
hundreds Of limos within the last two hun
cred years, with results Invariably the same.
Wisn me example oi the CONFERENCE.-The
bahR Of kentucky before their eyes, the paper
oi which, according TO the henfucky Re-
porter, has deprecated fifty per cent. within
Lily days from the first emission Off, we are
somewhat surprised at the attempt in Missou-
ri crsC'e money. CN.I Ioy
Commodore Barroa.-'The article published
~ our paper OF the 9th inst taken from the
Norfolk Heraltl) is, we have since been inform
"a, not founded in fact This information we
give To prevent erroneous Impressions. 10.
Inc Boston papers inform us that orders
nave issued from the Navy Department 70
equip vessel, to proceed with the sloop Or
bit 10 make survey of Georges Bank. The
Orb't has been fitted ont at New York at the
expense Q! the enterPfising Mr.. Blunt. The
surrey OF the ). Shoal OF Nantucket has led
10 discoveries OF great consequence TO our
navigation, and like benefits are ANTICIPATED
from the survey now contemplated ID.
The elegant Steam Ship Fultonis about TO
make d voyage OF pleasure round Long. Island
Shc IS to leave New I orl on the 9th inst. AT
clock III the morning, and will be absent
three days and two nights, during which finn.
she will look into New London. and several
OF the principal places in the Sound. What
delightful recreation for those who have lei
sure to indulge in it One is almost tempted
ny mrs enchanting opportunity to visit New
OK, Tor the purpose of thus BREATHING tba
sea ar and Swimming along the beautiful
shores OF Long Island and Connecticut. fB.
On the arrival of Major General Gimme If
Louisville, in Kentucky, which place is to be
hIs Head Quarters, a Public Dinner was civ
GU to him by the citizens and lis vicinity. q in
testimony oi respect for his public seryccs"-
Among the committee who. invited him were
several venerable surviving officers ofthn Revo-
latonary days, two OF whom Major JpiliiaD,
C,r3,gaa" and Colonel Richard TdIor presi-
Ged on the occasion. Among the I'oasts
Crank on the occasion were the following
Tn. Prestlcat ofthe Uaifed S,r,es.-The Identified
gifdian Of tIc prominent interests OF tic na;onhc
deserves aud possesses the confidence of the Amcri
can people.
THE .4rmp-Though reduced in numbers !, b,s No,
been shorn Of its laures.
OT @ny.-it, extension and preservation ossert; n
to The security aud repnlation Of tic Rnpublc
'1GTicdH'"e Commerce aW dWficinres-Nop oi;.
e. can be wise or just which has for lis olect the nm
nhHh'ion OF one species OF national industry FOR The
promotion Of another "''
After Gen. Gaines had retired
Gc" Gt'j,es--lis services in tho field have socur.
ca Hnn the richest reward Of Il sodicr-thc esteem
and gratitude OF his cOunir, men
FRANKForT, (ky.) July 12.-The present
summer has been so far the reverse of several
oi tlie preceding. The quantity of rain with |
Ia the last two or three weeks has been moe, /