Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1829-07-28

Of item no. 2, IL included the cost
of the Banking House, SIl3,OO0,
which. would probably sell for %
Ss3o, 0OO the loss oh this item is,
therefore, al leostt $1,000
Showing the Bank monies, al least Sl,O5l,Ol7 O3
Iten No. T. the amount Of Stock reduced ny act OF
the Legislature, from 100 TO 75 per share OH 50 300
900 originally paid in.
I, would DO an absolute impo,sbili,y Tor one un.
connected with Banks; and when they refuse to permit
tho Legislature 10 examine for the public safety, pro-
vided for in the Charter, into their concerns to form
estimate Of tho securities held by any parlicu
lar one; the especially, when most Of the Direc
tors as is raid are kept ia entire ignorance OF this
sentia knowledge and OF most other Information touch
ing tho well being Of these Corporations This much,
however, we all know. that the debts owing by the
Bank, like the debts Of individual, are always
tain; whilst the outstanding claims seldom
alze whatever amount, however low, they may be hy
pohsiiealiy set down at by the holder The wei'-beng
Of Virginia well OF Maryland requires that this
subject 'houid DO thoroughly investigated.
PHILO--GEO. CLINTON.
Baltimore, llth July. 1929
when Bank rat e, business, a.s
S tho sas !.
further dividend Of asset. to any amount said depend
To the. Editors Of the Enquirer
GxNrLEMEr AS tho claim of Besumarehais
against the United States has been lately the subject OF
discussion in the pubic prints have been induced 10
send you the following extract, thinking it may throw
some light upon this much agtated affair." should you
III to publish 1.-THE extract is from Pkin's political
| 422. G.
July 81. 1920
! EXTRACT.
p" BY contract or settlement between DR.. Franklin
and The Count de Vergennes in Feb 1888, it appe
tina, three millions Of livres furnished by france
to the United States, prior to the treaties OF 1873, as
aids and subsidies, under the title of gratuitous
assistance from the free generosity of the Kng"-Two
millions OF this was paid directly TO the American Com
nissoners at Paris, and accounted for by or
their Banke's No had accounted for the other
million; nor was II known for long time, whom il
had been paid. In 1880, the Secretary Of Congress
was directed To- make enquiry of Dr. Franklin on the
subject. The Doctor requested tho French Govern
ment TO inform him. 10 whom this million had been paid
TN answer TO his enquiry, he was informed tina, II was
paid from The Royal Treasury tie 10Th of June
1876 but the Count de Vcrgennes refused to give The
name OF the person TO whom it paid or to furnish
copy OF the receipt given for IL declaring that This
lion was free gilt to them and repayment was cx-
lpeced
=" DIR. Franklin communicated TO the Secretary of
Congress tho result OF his enquiries IN letter of an
1857, in which he says" BY the ministers refusing
copy OF the receipt conjecture it be money AID
vancedJ0r our use TO Bsaunarchais and that il is
Hysfere du Cabinet, which, perhaps should not be
further enqured into, unless necessary guard against
more demands than may be just, from that agent"
- FOR, 1t may well be supposed, he suboins, that
II the Court furnished him with the means Of supply.
Ing u.s. they may not be willing furnish aufheniie
PROOF OF such Transaction, early in dispute
me, mas he dropt his dc
ands, or does he still continue 10 WORRY Won with
thcm,''
" Beaumarchais still continued 10 press for the paw
ment o.; the residue Of his demands and in 1888 hi,
Claim was referred TO the Board of Treasury. The
members Of this board ia their report OF September of
that year, declared that the million in question: il paid
10 beaumarchais, agrceably to The suggestion OF Or.
Franklin, ought 70 be charged against his claim.
That this million was received by him, rested IL,
conjecture until 1894, when COVE rneur Morris, the
American Minister at Paris, directed to apply 10
the then Government OF Ffanre, for the name oil the
person TO whom this million had been paid The officers
of the Government resdily complied with his request
| and furnished him with copy Of Bcaumsrchais re-
cept before mentioned, for The million In question: dat
ed the 10Th OF June, 1876 the original beirg found
1mong a set Of papers filed - United States"
" The accounting officers Of the Treasury Of the u
states, after receiving this information, charged ths
million with nteres, against the claim Of Beauarehais
and paid him tho balance. hgains this charge, he aud
relief"