Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1824-03-09


noes.
Mr.. Booker opposed recedins, and called
on the House Ia be consistent.
Mr.. Everettc explained the vote he intend
ed giving. He had voted against the re-cbar-
tering Of the bank {; but large maloritles al
both branches Of the Legislature, were IN Ia
yor of the measure, and he felt himself called
on by every principle of propriety and mag
nanimity, no longer To resist, 10y indirect
means, the asceriained will of the majority.
The only question WAS as Ia the application
of the bonus. The Senatr's views on that
subject correspondent with his own, and il the
hank was To be re-chartered, (which was e,i-
dent from the various votes) he would take
his choice of the several conditions proposed.
Mr.. Garter Of r. bad voted against the Sc
mates amendment. but as il appeared that that
amendment was SINE qua non Ia the pas
sage of the hill, hr Was not prepared 10 lose
so important measure as the rc-chari"ring
of the banh, in consequence of Il minor ohJ+c-
tion. Sc.
Mr.. Watkins ofG. expressed his cmbarrass
mrnt on the occasion. He was sensible al
the great importance of expanding the Char
Ter of the Bank but he had been indignant at
the unfair mode of legislation, which had been
attempted on this OCCASION, and had resisted
it thru Tug hnut-but resistance WAS now hope
less. 1t would only end in the rejection "f
measure necessary in his opinion, To save the
country from distress and perhaps from ruin.
He was therefore willing 10 sacrifice minor
considerations Oh the altar of his country's
good. and called on those who had acted with
him to do the same. But at the same time
he proclaimed his eternal hostility Ia the sys-
tenn of legislation which had been pursued.
few remarks were made by Hlessrs.
Bow yer and Booker as To the means which
had been pursued out of doors to carry this
| amendment; tic former requesting an ex
PLANTATION, which the latter gave. Alr. Aylett
had reference also to the same subject, and
minated that the Senate held up the James
River, or loan bill, unit! they knew the fate OF
this, and that it was gives out that the fate of
the one depended On the fate ofthe other, sc.
Mr.. Harvie Of r. replied. He reminded
the House that all the opposition 10 every
amendment had been made by the enemies of
the original bill by men who would not, in
any form whatever, vote for the passage Of
the bill. He called en- the House not To per
NIT minority to thwart their great purpose,
by uniting and producing divisions of opin-
ion about the details or mnnr parts OF the bill.
Mr.. Bowyer again referred to the charge
| of Influence. II turned out, he said, that these
insinuatiuns grew out of some loose c@nver-
| saiions which Gen!lemen had heard out OF
doors and which if they would they could
Mr.. Lee, having voted with the majority on
The day before, explained the motive of his
change of opinion. He was prepared To take
! The lesser evil. No influence, other than an
honest change of opinion, had operated on
him.
| Mr.. Parker called on the friends of the bill
/ to maintain their ground, and not he driven
from it by an amendment of so little impor-
lance. he took view of The course which
had been pursued and insisted that the Senate
was co ordinate branch Of the legislature, as
much entitled to their opinions, as the II. Of ID.
The II. Old. had passed the hill without
bonus. extending the charter for G years
The Senate Thought proper to extend the
period To ID years, but required that the
bank should pay IA bonus for it, and they gave
that bonus to the University. The n. of d.
concnrred in the propriety of bonus, but OBJ
IlectId To the destination, and proposed tn give
to the fund for internal Improvement. The
Senate after insisting on their view of the sub
jcct, yielded 10 the III. of D.-so far as To agree
that the bonus should ga to the fund for in-
ternal improvement, hut require that simple
loan should be made Of the money, or such
security ar assurance rs 10 preclude the pos
sibility of the funds losing the money. From
this view Of the subject MIR. p. contended that
the matter "f difference between the two bodies
WAS not such as to justify that House 10 iosing
bill deemed of such importance To ,he peo-
Pile, SC.
Messrs. Stuart, Boultin and Mana explsn-
ed the votes they were about to give
Il .Alr. Smith had voted for the bill, but he
could go no further, and moved to Law it on
the table. Motion negnliued.
Mr.. George explained the reasons for chang
ing his vote.
Mr.. Blackburn opposed recedng. He was
not only opposed TO re-cIarering the bank,
hut TO the manner in which the honus was to
he applied. 1t belonged of right 10 the fund
for internal improvement. When il had heen
found impossible TO divert it directly from that
fund, II was attempted 10 be done in an indi-
rect manner. Pre- fund for internal improve
d ment was required to lend the money TO
the University, and provision was made fnr
reiunding it to that fund. Bit where be ask
ed, was the money TO cone from? Did il
belong to the University And if il ever
be refunded, would il not be by laying hands on
the funds which of right belong 10 he literary
lnnd? He had almost said by robJing that
fund -
Mr.. Il. went at large into the condition OF
the bank, IFS past and probable future opera
lions, and The consequences Of rivetting on
the country an institution of that kind.
Mr.. Taylor replied 10 Mr. B. He enune-
rated the advantages To- the common W. alih
from The passage ofthe bill. On the one hand
me people Of the state would be- saved from
Inc immediate payment of $4,000 900, an
amount which the small amount of money in
,ne country ana HE prices Of property and
labor, VIII not enable them To- pay. and if il
could be paid, it would be productive Of un-
rxamPIed ruin and distress. The common
wealth held near a million or dollars in the
stock 0' the bank, which, since the passage Of
The bill in the first instance had incrr.srJ ~,