Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1824-03-02

sed tins House by large majority. On that
occasion, the merits Of the question were fully
developed, and the gentleman who had lust set
down, had only travelled over the old ground
The question then for the House was as to the
details OF the amendments sent down from the
Senate. That, he said, was a coordinate branch
OF the legislature, and it was due to the dignity
OF this House, and to the respect it owed to the
other, to consider the propositions made by them
WIN dehoeraton and candor, and not give them
the go-by in this way, &c.
| MIR. Watkins of G.. was opposed TO postpone-
ment, but he was not in favor of the amend
ments OF the Senate: he thought them extra
ordinary, and should propose TO amend, SC.
MIR. Graves called for the ayes and noes, on
the question of postponclnent.
MT. Blackburn was opposed to the bill, and To
banks In every form--but he was sensible of
what was due to the Senate. He would vote
against postponement, with the view of Disagree
ing to the amendment-and If the bill was to be
lost or carried, let it be by the Senate. He
would not get rid OF the subject i'll this indirect
way. lie knew too well the respect due both to
himself and to that respectable body.
MT. Garland opposed pos, poncment. lie con-
sldered 1T was question of the very greatest
Importance. II involved the credit of the pa
per OF the Farmers Blnk-for, if this House
were to postpone the bill, it would be imnedia-
tey considered by the holders of the paper, to be,
because the bank was not solvent aud every
dollar of it would be brought in--the bank
would be compelled to call in its debts, and ruin
would be visited on the head of thousands
Inc declsion OF this question, he said, was one
OF more Importance than any on which he hal
been called to vote since he first became n mem
Der of that House. He liked the bill in its orr
ginal form better than in the form in which il
came from the Senatc-but ne was prepared to
take the amendments Of the Senate, rather tn IL,
| encounter all the ruinOus consequences which
must inevitably flow from u rejection of the
bill.
The gentleman from New-Kcnt, fMr Chris
TAM had said we should get rid of the state
banks; and if we must have the benefits of
banks, the United States bank was compctcn;
| to every object. VAST come TO this, he asked
that the state was about to surrender the control
she possessed over her circulating medium and
place herself entirely in the power Of the United
States Bank9 He conlendel that the prcser-
walton of the people from the distress which
threatened them was an object dearer TO him
than any considerations connected with the in
terest of stockholders, &c &c.
Mr.. Christian explained. He left gentlemen
to pursue their own course. But he believed
the Senate would pass the original bill, if the
House rejected their amendments-Ie was
not willing to give them the opportunity of do
ing so.
MT. Randolph said it was known to the peo-
pie before the meeting of the legislature that
this question would be agitated-a,ld it had been
known to a large portion of the people that the
Dill had passed. Since that time many gentle
men in the House had heard from their consti-
tuents, and he had not understood that any dis
satisfaction had been exprcsseu.-The House
had already expended much tine and money in
debating and acting on the subject; and, if after
all this, they left it still undecided and liable To
similar consumption of time and money at the
next session, their con5ttucnts would have good
cause to complain Of them, ana probably would
send more fit persons another ycar.
The question was then taken and decided iu
the Negative, ayes g., noes III.
After some conversation as to the order in
which the amendments should be taken up, il
was decided to take them up in the order in
f which they were reported from the Senate.
The first amendment proposed to strike out sir
years and insert Is years, as the time of extern
sion. MIR. Newman moved to disagree to this
amendment-and on this question Mr.. Jones OF
York called for the ayes and noes-prefacing
his call with few remarks going to show thu
Proprlety OF permitting the charters of the Far
mers' Bank and of the Bank of Va. to expire at
the same time. The amendment was disagreei
to-ayes 102, noes 10.
Mr.. Dromgoole moved to amend the cd A.
mendment, b. striking out $4,000 aud insert
ing $4,000. He thought tia; it wonld be a
more reasonable bonus for years than $50 OOO
The extension was exactly, he said, the same
thing as chartering new bank, and it was but
reasonable to require bonus.
Mr.. Parker moved to disagree also TO the So
cond amedment.
Mr.. Mallory opposed the idea of any bonus
whatever.
MIR. Garland was in favor of disagreeing to
the amendment, and of leaving the bill precise
ly as it went from the ri. of ID.
| Mr.. Haryie of r. asked if any circumstance
had arisen to alter tee determination of the
House ? They had, by large majority, passed
the bill without bonus-and if they now i'm
posed one, it must be for some good reason.
Mr.. Blackburn said he always thought some
bonus ought to be pad-and ifhe could not get
/ so, he would take $4,000
Mr.. Thompson of F. had no interest wIate-
yer in the hank, and regretted the course which
gentlemen had pursured. He demonstrated a.
gainst the exaction ofthe proposed bonus, which
he considered extravagant and unjust.
| Mr.. Gordon said he had voted for disagree
ing to the first amendment, because the princi-
pie of thanking was involved. lie had been op-
posed to the extension in any shape. But the
Senate had presented a new question to the
House; they had suggested that bonus should
be cxacted for a continuation of the exclusive
privileges granted to these monied institutions.
| 1t appeared from the vote of the Horse that they
could not be put down-and if this be the case,
why not exact from them some balm. some al
deviation of the mischef5 which they produce
| If the charter Of the Farmers Bank be this day
extended without bonus, it will be preco-
dent for the Bank ofVirgnia, \. W. Bank, and