Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1827-12-18

present Bank was granted. The sale Of stock wa
recommended, indeed by the Secretary of the Tres
! suiy-out II was bought and sold under the con
ident belief that the charter wosld he continued
aud the old Stockholders have privilege o
paying into the Bank The principal hoders
then. as now, resided in Europe they all mad
ms expectation, and were all deceiv cd. And, ~
This Gay il is idle 10 talk of jisposag in this con-,
Try, OF seven millions OF the United States Bank
STOCK we must rely on capdalists abroad.
Ahose men lave, at pfesen , full confidence Ia he
psFinanence OF DO our moneyel political instlu-
tons: bp. could thy suppose that you were about
10 desert this Bank you deserted the Stocshod-
ers In the former one, great, indeed, would be the
effect upon the price OF the stock. When the IRE
sent Bank was incorporated, there was general
uhders' snding that the Government were 10 be
permanent STOCKHOLDERS in it no man felt doubt
On The subject. Should it happen Otherwise, the
consequence IN the stock market would be serious
indeed. Why should the Government, renounce
It's interest in the Bank? They have grea, advan.
'sSe from retaining ii. They have strong hold
upon that institution they appoint five of lie Dr.
ree.ofs. But who ever doubted that such a priyi~
iege was consented TO on the very ground that
lhey were also 10 hold large amount OF iis stock
Inns IS In fact. the Only true ground OF their
con roi oser it tor it would strike the mind of the
American People most unfavorAbly, TO see Gov
e'nnent as'unias such power over what, If The
gehtieman's proportion were TO succeed, would be
mere private property. Mr.. G. concluded with
moving that the resolution lie on the table.
Mr. Barbour expressed his cheerful assent, not
beng di-posed TO press such matter hastily, and
ihe resolution was laid the table accords
iugy.
Ga motion Of hTr. Archer, il was
Kesoi9td, That the COMMITTEES on Private Land
Claims be instructed to inquire into the txpelien-
cy OF CONFIRMING to the heirs OF Philip Rensut. a
tract OF land lying in the State of Illiaoi- claimed
by them IN virtue OF grant under the French Co.
vernment TO the said Philip; and that the docu
meats IN support OF said CLAIM now on the I'll es of
this House, be also referred 10 the said Commit
tee.
On motion of MIR. Barney, i, wss
ks-olTe ed, That the Committee on Naval AZ
iales be instructed 10 inquire into the sxpediency
OF establishing higher rank ai the Naval Service
WAsHINGToN, Dec. I5.-In the Senate
yes erday Mr. Harr.so submitted resolution
providing for the better accommodation of the Re.
poTters OF the pfoceedngs-of the Senate Some
discussion arose on the propriety of receiving the
petition OF Richard Hall, British subject; the OBJ
jections to receiving it were grounded upon the
provision of the Constitution, which SECURES the
righ TO peiiiions 10 citizens of t6c United States
alone; the petition waa laid on the table. A Among
other resolutions offered, were two BY Mr. Smith
OF Maryland, relative 10 our commercial regula-
tons: one respecting dTaw-backs and the other
for the erection OF additional Public Warehouses;
y short time was spent in Executive business
In the House of Representative, after the pre-
sentaiIon OF petitions, several reports were mad
from the Sanding Committees. Among these
bill was reported by Mr.. Isacks from the Com
mittee on the Public Lands. TO revive and continue
In force the several acts for the relief of pu
OF public lands This bill continues the provisions
OF the former bills to July 1929. A bill was in
troduced by MIR. Wright. relative to the sale of
lands conveyed to the United States in certain
which was referred to the Committee on the Ju-
dietary. \ communication from the Treasury
department was laid before tie House, enclosing
the opinion of the Attorney General in the case
of Thaldeus Laughlin, which was unfayorabe to
The petitioner. A memorial from Stephen Sjmp-
s-n and ]. W. Randall of Philadelphia, eainst The
election OF Mr.. Sergeant, was presented read and
referred TO the Committee of Elections. A me.
mortal was hl-o presented from Captain Samuel
Angus, formerly of the Navy. praying to be rein.
slated in his rank in the profession. Many reso-
lutions We're offered and adopted, but none of
them are of great moment. T.h-7t Journal
FRIDAY, DECEMBER IL
HOUSE OF PRESENrArIYES.
The Speaker communicated 10 the House the
following letter:
DECEMBER -, 1927.
Sir have received from the Clerk an order of
the House requising me to serve on The Committee
of Ways and Means
From some Acquaintance with the duties of that
COMMITTEE, acquired during six years. experience
In the Chair, am thoroughly persuaded of my ina
b'liy to discharge them Gin my present very feebs
state OF heath) with any degree OF satsfa ction to
myself, or advantage to the public. |, therefore,
respectfully pray TO be excused from serving.
am, with high respect. Sir, your obedient ser.
want,
JOHN RANDOLPH, OF Roanoke.
To ANDREW STEVENSON, ESQ
Speaker Of the House Of Reps. Of the u. States.
lhe letter being read, the question was pat,
-. Wiil The House excuse Mr.. Randolph from
serving on the COMMITTEE OF Ways and Means? %
And decided 10 the Affirmative.
Rjr M'Drihe then moved that a Member lie
appointed OF the COMMITTEE. SO that the same be
comPsie; which being agreed 10,
MI Smyth of Virginia, appointed.
III tEe u - L.