Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1822-02-28

been dilapidated, converted TO purposes %
| speculation, and ought to be taken back under
4 the management Of the legislature. He con
sidered the fund perfect delusion; and took
il review of the prices which had been given
for bank stock, and its present value of the
unfortunate results of the fund both as regards
its principal and interes. /; and estimated the
| losses it had sustained at 100000. He thought
It would he applicable to literary purposes
after il had been put Into the treasury, as il is
now. Were gentlemen unwilling to put the
money into the treasury lest their constituents
should be afterwards unwilling to appropriate
1t to the purposes of education? He asked If
the people were not sovereign and had not u
right to dispose of what belonged to them as
they pleased? For his part he was willing to
trust them with the disposition of the money,
not doubling, il they approved the system,
but that they would appropriate as much oft
as was necessary to the purposes of litcra-
ture. He could not believe they were un-
friendly To the diffusion of light and know
ledge. He was an advocate for the doctrine
of liberty and equality, and would go for gan
equal distribution of the fund or for none at
all
Mr.. Crump explained that his proposition
was merely to destroy the machinery Of tue
fund, aud prevent the appropriations of the
present year.
Mr.. Boiling called for the ayes and noes,
and the substitute was carried in the mega
tive by the following vcte--ay.s lG, noes IN
Mr.. Boiling then offered Il substitute, the
object of which hc said was 10 re- organize the
whole system, and more ellectlially to guard
it from mall administration, &c.
This substitute was negatived without a
count.
Mr. Griffin said the certificates of debt a
mounting To upwards of "A million and IL half,
remained in the hands ofthe accountant, who
gave bond and security for only s 10000, and
that he was not satisfied with holding them.
Hethereiore moved TO amend the bl so as to
deposit the certificates with the auditor, re-
quirlng of him an annual report of their a
mount and value. This amendment was
adopted, and the bill ordered tn be cngrossed
and read third time.
An enSrossed bill, to appoint trustees to car
ry into effect the act touching the estate of Bill
~ Blown, was passed.
A resolution was offered by Mr.. Watkins of
Gooch'and, to adjourn the session on Thurs
day-wbch with AN amendment proposed by
Mr.. Morris of Wood, was on Mr.. Garland's
motion laid on the table
Tuesday, FEB. GA comm unication from
the Senate that they had passed the bills Soon
cerning Benjamin McMechcn late high sheriff
OF Ono county :"-also with amendments the
bhl To amend the revised act concerning the
county and other inferior courts, and the ju-
risdlctlon ofjuslices of the peace within this
commonwealth" These amendments were
agreed TO by the House
MIR. Morris of Hanover moved to take up
the Report ofthe Select Committee, on the
Petition of Gen. Nelson's Representatives. The
report concludes with resolution " that the
petition OF the widow and heirs of General
Thomas Nelson is easonable."-Ths resOlu-
tlon was agreed to by the Iloiisc-But on mo-
ton OF Mr. 'Epps, the said committee was
discharged from the duty of preparing a bill
ronformably with the resolution.
An engrossed bill to amend the act, emit
tied an act concerning the Literary Fund
passed the cd March, 1921" was read Sd time
and passed.
EnSrossed bills" detaching certain lots be-
longing to VIM. Bernard jr. from the town of
Fort Conway in the county of King George
increasing the stock of the Snickers' Gap
turnpike company and authorship the Board
OF Public Works 10 subscribe for the same";
--"placing Anselm Bailey the pension list"
&c. Were reid Sd time and passed.
The Speaker laid before The House a com.
munication from the Governor, assigning the
reason why all the swords voted by the Legis-
iature OF 1885 for certain military services
performed during the late war had not been
finished and presented, agreeably to the Re
solutlons.-This letter was read and laid upon
the table.
The enSrossed bill extending the iurisdic-
ton of Justices of the peace over certain tres
passes "-and the bill tn am end the act "relat-
Ing 10 the appointment and duties of sheriTs"
were postponed to the 3lst of March.
A Report of the G.. of II. and l. n de clar-
lngIt "exPcdient to pass a law authorising
the opening the old road leading from the
Swift Run Gap in the Blue Ridge to the
town of Fredericksburg was, on motion of
Mr. Mallory of o. postponed till the 31st of
March.
The Report of the joint committee, upon the
condition of the Virginia Bank and Farmers
Bank of Virginia, was read, as follows:
:, The joint committee appointed by the Senate and
House OF Delegates, 10 enquire into the state of the
Bank OF Virginia and Farmers Bank Of Virginia
have, according TO order, performed that duty and
find the state of the Bank of Virginia on the LIST of
January, 1892, to be as follows
Bills and notes discounted, S 3,739 ,581 %
Specie, 7t0'5I3 on
foIeign Notes, 288,979 10
Debts on Bond, 1922 IS
Real Estate, 176'08O sc
Bank Shares, 1000 90
Sterling Bills, 1868 %
5,i47 ,O2I "a
To discharge,
n