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

1hs following members were appointed a
Committee on Roads and Canals: MesErs. Hen
bricks, MarkV, Bates, Thomas and King
Mr.. Harrison, from the Committee on Military
Affairs, to WHOM was referred the bill to explain
the act for the reduction Of the military peace es
Enlistment of the United States, reported the
same without amendment.
Mr. Diekerson gave notice that he would ask
feave Tomorrow to introduce bill to provide
Tor the distribution ola portion of the Revenue of
tne Onites States among the several States.
MIR. johnson OF Kentucky, from the Select
Cemmittee TO whichwas referred the Bill to pro-
vide tor The abolition ofImprisonmsni for Debt re-
ported The came with amendm enls; and, on motion
OF MT. ). the Oil was made the oIdsr of the day
inr to morrow, and ordered to be printed
The Senats then proceeded according to arrange
men', to The election of a Chaplain; when The
KEY. MIR. Ky iaod, having % voters, plurality
or the whole number, was declared TO be e. sc,ed
Mr.. johnson OF Ky, submitted the following
resolutions:
Resolved, That the Secretary of Wsr. under the
control of the President ofthe u. s., be authorized
and requested to instruct one or more officers oi
me corps OF Engineers 10 examine the Horse. Shoe
Bend, on Licking River, in the State of Keniucs
ky' ana report the prscticabilty of establishing an
aimoiy oil the Unitsd STATES at that place, similar
20 me ore at Harfef's Ferry or Springfield
Ahe resolution offered yesterday, by Mr.. Ca.
'on' TO inquire into the exped ency of admitting 81
allowing drawback at be Island OF Key West,
on gooos, wares, inerchandises and articles
Drought there t'om any other than foreign port
" place, wa considered and adopted.
HOUSE OF REPRESENTATIVES,.
Upwards of forty petitions were presented 10 the
H.use this day, ong them
Nh, ny Mr Sergeant OF the Sugar Retiaers oil
hnindeiphia, Tor an increase OF drawback Of duties
by me sage-Oi Richard w. Meade, for the
payment OF his immense claim against Spain, as
~ Sun'a oY the United States under the Florida
a ~.
pnoa.-, as siSo' OF large number of citizens OF
NeInsJi rama, on his behalf.
ny Mr.. Wbiuesey--Of citizens ofth. State
CT ono, t.r The improvement OF the harbor at the
NOUN OF Conneaught Creek; on Lake Erie
0h motion Of MI. Washington, it was
resolved That the Committee on Roads and
DC instructed to inquire into the expsdiency
81 authorizing subscription on the part Of The n
States to The Joiat Stock Connanv incor,o.
la'sa 10 construct turnpike road from the Civ
o' " ashisg'on, to Frederick, in MARYLAND.
"a motion OF air. Wirkiiffe, it was
NssoiVeo' Nhat the Committee on Roads and
S&nSts oe Instructed to inquire into the expeden
% n,aS.ns further provisions for the improve
ri Rivers. -''' AZ
:, BANK OF TIE u. STATES.
solution: wig -
hesolrsa, That the Committee of WAYS and
means De instructed to inquire iulo The expeJ,en.
- :, . ~ law TOT the sale oil that pOr
eon OF 'ne stock of The BaEk of the United
s'a,es which is held by the Government of lie
on,'ea states and the application Of The FRO,
'ee1' tnefeoi to The payment of the pubic debt.
IN o"eTin9 this resoIuon. Mr.. E said, he wish.
ga 10 accompany 1t with few remarks nat ,yi,h
any IN eh'ion OF nos discussing the merits of The
,nea'ufe II proposed, but chiefly wnh a view, ri
ui"whs 70 u the attention OF the House and e.pe
eishy OF 'hs COMMITTEES OF Ways and Means. 70
Wmcn the resolution must be referred The
Aio'se were aware that The Government holds a,
'"s 'Ine STOCK OF the Ba' x of tie United States
ui' amount OF seven millions Of dollars. which
s,vSH was AZ present worth ia marx et about 23A
per cent. advance above is par valso II ia
whole Of this stock sbooll now BIO s,lit, 49,. ca
N"Hmeh'' would nett profit OF one million &
Elk hundred thousand dollars above the ,or1ir ~
S'houht OF ihe stock. Such being the case. he
%ough' IL deserved The serious consideration nj
'us rouse whether 1t would not be pruIeot All
proper measure now to sell out that stock II hal
vssh tao' NJ u. observed, by one of the bes,
WHITES on political economy with whom he was
"efV"'h'to' mat the pecnnisry AFFAIR." of nations
1oie eioss analogy to those OF rfivafe booae.
pOo7 IN ooth' Their prosperity mainly depenJeJ
VI FlgHSht AMI effective management of their
resources. There is. said Nj H. 40 sfnount n,
neween seventeen and eighteen millions Of Tho
o'A % ne Or.led States now redcemsbis. and
=" '"'ouh' OF moe millions mere, which will he
tedeemsble oeNt year lf The ja,s,e.t al, ~, ~,
- % on 'his Gsbi is compared with lie Jiyia.os
% receives IT. stock in The sa,l, 81 M ~ e. "
win De found that small adyanlaee ,vo.li hs
Baoso W Tie sale Of ths latter in hi, fesocrf.
sihcs ibe dividends on bank stock are ,eeeiy.i
eeml,annually, while tbe inters.t on IT, s,s.ssse
e3,"'ss - Paf Gosi Jisj 'his, however, be vsirs,