Alexandria gazette & advertiser. [volume] (Alexandria [D.C.]) 1822-1824, 1824-03-09
FARMERS BANK BILL.
RICHMOND. March q

FARMERS BANK BILL.
RICHMOND. March q.
A committee Of conference from each
branch OF the legislature met in the Hall
of the House Of Delegates on Tuesday, 10
consult on the disagree eing votes OF the two
bodies, relative 10 the proposed amend.
menrs to the bill TO eytend the charter Of
the Farmers Bank. The views of the Sc.
nale were fully developed by Messrs- c:
Johnson and CabeIl of that body; and
those OF the House OF Delegates by Messrs.
Taylor, Patterson of B, and Garland
Mr.. johnson offered a resolution recon-
mending that the amendment be so modi..
fed as to require Tie bonus, demanded OF
the bank, to be paid TO the rector and vi
sitors Of The University, for The purpose OF
procuring library and apparatus; and
that, 10 indemnify the Fund OF Internal
Improvement for this diversion OF the a
mount, (which il had been commended the
act OF incorporation pledged to the fund.-
an equal SUN OF the debt due by the U. S.
should, when collected, be paid over 10
the president and directors OF the b. Of
Public Works. The conference on We'd
nesday continued about three hours. II
was resumed again on yesterday, when
Messrs. Fauntleroy and Blackburn deli
vered at some length their yiews on the
sutjecl. The proposition of Mr.. johnson
was argeed 10 on The part OF the commits
Tee of The Senate, but rejected by that on
the part of the House Of Delegates. Find
ing it impossible to come to any agreement
the committees adjourned, and reported
the fact to their respective Houses.
Alter The committee OF the senate had
reported, 1.-THE bill being still in the posses.
sion OF that house) Mr.. Chapman Johnson
proposed substitute for the amendment
reported by the committee to whom the
bill as II last came from the House OF De.
legates had been referred, and which was
not acted on at The time the conference
was decided on. This substitute Of Mr..
Johnson proposed, that the bonus OF fifty
thousand dollars should be paid 10 The
president and directors Of the Board OF +.
Works; but requiring them TO loan the
said sum to the rector and visitors OF the
University, for a term not exceeding one
year, for the purpose OF purchasing a IL.
brary aud apparatus; provided, that salts.
factory assurance could be given to the
10 rd OF Public Works, that the money
could be reimbursed to them, With inter-
est, out of the debt due from the United
States to the commonwealth. And il au.
authorises the rector and visitors TO re-.
ceive D5O, 900 from lbe U. S. and pledges
that sum 10 refund the loan thus TO be ct.
iected.
rbe question being taken on this propo-
sition, the Senate was equally divided II
TOR and II against it-and it, Of course
faiied. AyEs-Messrs. Duncan, w. X.
Johnson. Allen, Brown, Campbell, Ca
bell, Ruf6n, Goodwin, Hill, c Johnson,
and McCsr,y. NOES, Messrs. Claiborne,
Hoge, Wyatt, Otey, Chopper, Holt, Rose,
Dade, Thom, Page and Boyd,
And in this state OF things the Senate
adjourned.
MARCH 5.--The reader will sec from
the proceedings Of the House of Dele.
gates, that attempts were again made
yesterday to bring about conference
between the two Houses, on the subject
of the Farmers Bank BiN-but in
vain. The bill being still before the
Senate, Z proposition was last evening
made 10 tia, body, to'introduce sub
s,itute to the following effect: that the
Bonus should be made over to the Board
of Public Works-that exertioDs should
be made by the Board of the Literary
Fund, to settle as soon as possible the
accounts with the General Government
and if any satisfactory assurances
were received that s. 900 " any part
Of it would be paid by the General Go
vernment, that an equivalent som out
of the bonus Of the Bank, should imme-
mediately be loaned on interest by the
Board Of Public Works to tho Univer.
sity, to buy al apparatus, Library, &c.
This amedm ent was agreed to BY the
Ssnate--but the House Of Delegates
had adjourned before it was adopted,
aud could be communicated to them
This morning it will probably come un-
der discussions.
MARCH 6.-No debate yesterday in
the Senate, on again receiving the bill
from the House Of Delegates. But a
motion Wa made to recede from the a.
mendmeuts which the Senate had pro.
posed, and to which tho other House
had disagreed. The motion to recsde
0oas lost-Then motion was made to
adhere to their admendments--which
was carried, ayes l3 DOCS g.
Tho fate ofthe bill 10 now consequent
ly in the hands of tho House OF Dele.
gates. IL they refuse to recede from the
SeAste's amendments, tho bill 10 lost I