The Alexandria herald. [volume] (Alexandria [Va.]) 1811-1826, 1823-02-21

P'SoSnt soi'CnSJp dUu erC Pes''oH''"Nr''
which, during the late war, it loaned mo-
ney to the government, when IT stood IN
need of IL, to the extent OF its means sc.
MIR. M'Coy then rose, and said, that
having had some doubts as TO the solvent
character Of this bank, which we're now
satisfied by the information given to the
house by his colleague, (Mr. Mercer,) he
would assent to withdraw his motion to
Commit the bill.
Mr.. Gilmer renewed the motion just
Withdrawn. He was opposed to the incor-
pcratioD OF any more banks in this district
or even elsewhere, and entered into an
argument tn shews that, on the true
principles OF banking, this additional bank
was not necessary in this district, for the
purposes of society that no principle of
justice required its incorporation and
that this house has TO right to legisla;e to
accommodate the mere wishes orin,erests
individuals, &c. He also made some
remarks on the general impolicy of null
tplyiDg banks.
Mr. Little was opposed TO the reference
OF tho bill TO a committee of the whole,
because he verify believed such refer,
| ence would prevent its being acted upon
at this session. He was in favour Of this
bill, for the reasons which he stated !;
at the same that, if j, were an original
application for a charter, he should be
opposed 10 1t. He further animated that,
IT he should be in congress when the
| charters all expire, he should, unless he
very much changed his mind, give ne
gatIve to the whole OF them.
MIR. Wright was decidedly in favor of
the bill, and urged, in strong terms, the
claim which that bank, with other banks
OF the district, had, from the extensive
aid which they afforded to the govern
ment, by loans, during the late war, 0'c.
MIR. Fuller, though willing to vote for
tins bill from the peculiarly of its cir
cumstances, gave no credit 10 the argu-
meDt in favor of the bank which had been
drawn from lis patriotism. lie hoped it
had more substantial capital TO trade
upon. MIR. #. noticed also some Of the
general observations which had been
made on the subject of banks.
Mr.. Neale briefly recapitulated the
circumstances under which this bank
presents itself for renewal Of its char
ter, and gave to its application his decided
support.
Mr.. Mercer again spoke, with some
ardor and considerable effect, in favor of
The character of the bill, and against its
commi'ment-in defence OF the district,
and lis commercial capacity * resources
Mr. GIlmer ieplied, also with ability,
founding MS objections on gene al prinoi.
pies, rather than on the particular merits
OF this case, though he bought that
bank which like this, had bu, SIX Thousand
dollars in circulation, and fifteen thousand
OF available tundA 10 issue paper upon,
was arrived al exactly the poin, at which
II was for its own interest, as well as that
of The public, that its affairs should be
wound up.
The debate upon this subject was
quite animated, and it is probable that,
al some time when congress does not sit
I'LL hve or SIX o'clock in the evening, and
our columns are less crowded than al
present, we shall endeavor to give bet
ter account Of IT, or at least of the speech
- OF air. Glimer and Mr. Mercer. on
opposite sides frhis question:
~ 1"NS''N'sob iStoi '''S INC Oti 10 d
committee Of the whole, was decided in
the negative, rs votes to Sc.
The question was then taken on order.
ing the bill to third reading, and deci.
ded IN the affirmative, b6 votes to 51.-
And the bill was ordered TO be read a
third time tomorrow.
MIR. Moore, of Alabama, offered the
following resolution: That the secreta-
ry ofthe treasury be requested to lay be-
tore this house statement of all sums OF
money that have been charged or retain
ed by any register Of receiver or public
moneys since the Goth of April, 1918, for
clerk hire, transmission Of public money,
Office rent, Office furniture, and other ar
ticles Tor which an allowance has not been
usual in all the land offices, specifying
the amount and dale Of each respective
charge; and, If any such allowances
have been made, that said secretary also
be requested TO state the reason thereof.
The bill supplementary to, and to a.
mend, an act, entitled "aB act to resu-
late the collection of dulles on imports
and TONNAGE passed the ID day OF
March, H99and for other purposes, sku
returned from the senate win sundry 9
mendments, was referred TO the com.
mittee OF y avs and means.
The business yesterday before the
house i'm IN e Iiatal,v prns.I;,r. -. -