Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1824-06-04
TIE SPANISH CLAIMS LOAN

taken up py Mr. 81 dole on the part of the
Bank of the United States. This information
must be very satisfactory 10 the nuneiu aus
claimants, who will now be enabled io receive
immediate payment Of the sums awarded TO
them, 10y the Board of Commissioners, whose
sittings are just about being brought to a final
close. The arrangement, too, seems to he
very advantageous To the government. By
the Tieaty with Spain, these claims were TO
be paid Immediately in money, or in stock
bearing an interest of six per cent. a ycar.-
WIN view of Pro6ting by the present re-
duced rate of interest, it was determined TO
adopt the former plan, and by the CREATION Of
a stock at low rate of iSterest, provide the
means of paying the claimants in money, IN
stead ct a SIX per cent. stock, saving Of course
the difference of interest. The rate of interest
ilxed IN the act of Congress, was A. per cent.
and at tins rate the loan has been taken by the
Bank of the United States. independent.
however, ofthe lowness Of the nominal rate
OF interest, the connection of the Bank with
the Government renders il still more benef-
cial To the latter. The Government is a partner
IN the Bank, to the amount Of large proper
ton of its capital, and will receive back in
dividends a proportional share of the interest
OF the loan, and as, at the present moment, the
Bank of the United States, like all other
moneyed institutions, and mon-y-d men, beth
here and in Europe. finds il difficult to invest
all IFS funds in busine 50 loans and can take this
loan without reducing its discounts, the whole
interest of the lean Is SO much clear profit I'D
the Bank and the Government
We learn from a friend, who is very familiar
with these subjects, tina, the dividends re-
ceivabIe Ivy the Government on its Bank
shares, out oftbe s25 600 dollars, the interest
"f4a per cent. On the isSe millions will amount
To more Than 10000 dollars year, which will
reduce The whul,Ssnm 10 be- advanced hy The
Government for these Eve millions, Ia u little
less than I15,000 dollars, hch " i'll hp ACTUALLY
a fraction below So per cent. So that in fact
the lean at par from the Bank is as advan-
laSrons To the Government, as if indi, iduals
had given for it a premium of 6 4-lOtLs per
cent.
II the arrangement be satisfactory 10 the
claimants, and advantageous to the Govern
meni, we presume, that, IN the present super
abundance of capital il must he useful 10 the
Bank also, Ia whose sagacity in ihrse nlatrrrs,
we may trust that the loan would not have
seen taken, bad it not been Far the bpns Il. of
The i"si'tuton. ln every point ufyiew, there
Tore, the operation appears TO have been iudi4
c'ons and satisfactory. ,nt Int.
NINiAN EDWARDS arrived in this CAV yes-
ierday.
Most Of the Members of Congress tooIs
their departure from this City immediately
alter, and.nnt few Of them before. the adj
Journment. There remain in the Civ hut
h'teen or twenty, who are yet detained by
business.
Perhaps 1t is no more han due respect TO
me gentlemen who are before the People as
land q rs Tor the Presidency, particularly To
notice the time and manner Of heir departure.
In That sentiment, we mention, that General
Jackson left here direct for home, day or
Two before the adjournment, and that Nj.
Clay left The City on Friday morning. also
for his residence In
The New York Gazette of Tuesday saws.
the arrival of TIE Vice President at his seat or
Staten Island. on Monday evening, was ana
nuuncrd by the discharge of cannon
June I'm nur last, after the paper was
prepared Tor press, line was inserted, an
nouncing the arrival, in this city. Of Mr.. En-
WARDS, late Senator from Illinois. and recent
~ appointed Minister To Mexico. who has
come here in obedience to summons from a
Committee ct the House of Representatives..
winch received authority Ia sir during the re-
cess, tor the purpose of examining Mr.. En-.
WARDS. Tw" of the FIVE members of the
committee which is to act upon this subject.
not expecting the witness sn soon lave ponc
nom The CITY. ON short absence one of them
is expected back to-day. and the ether on
THURSDAY or Friday about which tim. i, ia
supposed the committee will re-commrnr. its
SIT i'ng. rH
Gov. EDWARDS arrived in this city on Mon
day evening. He travelled about six cen hun
dred Mules in fourteen days. We understand
Mr. NOBLE, of the Senate is here also. al the
request of the Investigating Committee
Val. .Jonr.
The JOINT Commissioners under the II eaty
OF Client, assembled in their chainhrrs YES
terday. We understand that they were all
present. They have adjourned for few
days; when they meet again, il is thought
probable that the question of avprag. value
of slaves deporied, will be speedily decided.
Mr. CRAWFORDS HEALTH.
| With 'ieS OF satisfying our political friends
in this respect, we have taken pains 90 ascer-
tain the precise situation of the Secretary of
the Trras'iry's health and by his principal
physician, as well as by others. W. are assur-
ed maj ne IS. at this time, afflicted with no
positive disease that his present condition 10
nothing more than that ofdehility. arising from
his previous malady and long conine ment. and
hat, from little saa-baihing and more gene
al exercise in the open air, " hich he now con-
templates. he will be speedily restored To per
feet health. His recovery has been slow and
gradual, but constantly progressing aud is
considered eventually sure his bodily allie
ton not being near So great as that Of Mr..
Madison in 1854, when in the discharge of
the duties Of the Presidency.
Washington Gozei,e. May 81.
/ Various stories are ru!nOred about here res
pectiDg Mr.. Crawford's health. We regret
to hear, from credible sources, that his disease
! had, last week, suddenly assumed a worse
/ cast than he has experienced since his CON
4 fnerncsL II was Thought, however, that he
might recover sufficient strength to make a