Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1830-02-01


State Bank aud probably the Bank OF the u. )
also, 10 eurtaii their operations and pressnpon
the public AT large. Add where, he asked,
would the circulating medium come from
Mr. Mason oi Frederick regretted that gen
ilenan had not waited all future stage ot The
question TO cutter into the main discussion OF ITS
merits. Gentlemen indeed had deprrca Ell al !
discussion. aud yet they had lenGered u neces.
safy by the louise They had taken He SAID
no mhn wa more ANXIOUS 10 fold up hi papers,
90 home aud lay down has authority at The
feet oi III. constr uents, than lac ~as himself.
M man was more anxious hI shn,t sessions
than he aud vet VAS this the way 10 pr
due. II Was the delay, which gentlemen
were ocCasioning by discussion, calcnia''d IL
shorten the Session And how could g"niie-
urn ever cIpect to have short sessions, ny al
tempting to avoid doug the Necessary business
OF the people Or, was it calculated 10 avoid
legislation ut all, TO postpone this qursuon,
winch must be ultimately mt, q The next ses
sum of he Legislature MIR NJ. sad, 4 the
House wished foi sbOIt session, thev night M
wall take the bandle ofbills NV before them
aud commit ihrm Ia the namrs-aud they
might 10 IL. without producing any very "fi-
Gus inconvenience 10 the People. But such IS
nni the character II the present bill What he
said wHs that II there he any pressing necessity
for adiournIng aud gong bome 10, moro" They
might bnr" these bulls ; tut they cannot do II g,
because these bills are called Tor by the Inief-
ests Of their c1astlturnis--bnti If Ne must ad-
jaurn Immediately. We m GIT give tue 60 hy To
ali such bills. aud attend 10 this bill which is
cid for by great public emergency. Run
aud bnn'rnpiey may result from our refusing
T. act upon il.
lie cnn'cnce l. that rher- was no mystery
IN the opeIat, n oil these institution, Where
was the my strry Had We not the mrans Of
dlspelling il Nas not our Committee char
Red with pl"nst, powers to end Tor persons
aud papers with powers eqna 10 those al
yaurConrs' You may su nnon every "ficef
OF the Bank before you and there Is not
gneslla which they are not hound 10 answer /,
from winch the Charter does not exempt fhrta.
There is 10 analogy between their situation
I aud the mysteries oil EulcusIs or the Eastern
! hasl TIC only mystery IN thu former was
that therc was M mystery al a'l-and Tie
Eastern Mag hal none other than what de
pended upon long beard aud br nj brow:
Mr. NJ. read an exhibit OF The condition II
! the Valley Bank-aud showed how muCG time
| Al would take h examine lis mo ba. rs, The
quaaliy OF Spe Gle on hand, the solvenCy or
insolvency of other banks the notes OF which
II Inns la Ils vaults, the character OF tue iudlyi
d ,al solvency ol each dealer with the Bank
.
| In 90 into all fhesr minulia. the same ohjec
tin would he against any Other sessinn-
That the State was not the only stoCkhnlder
| IN these Institutions, but that individuals,
/ ~ho were 40 deeply concerned IN their stocks,
would examine the peneiralIa OF the Bank, and
| II there were nny TOItPuness IN its situation.
! thai they would probe II to The botom-that
/ the private sloskaoldrrs had examined, aud
"er" con cnt with their condltpn.-Mr. NJ
nlrnlrd, TN ref re, that no Legs latuTe
coaId 60 into Nil the mnutm Of banking, aud
| thai they had no power To constitute special
cum pltcr ~ set after tive adjournment of the
! lloese. lie sad. that the next session of the
! Legislature would he one OF The most impor.
| tant Which md ever met--thhi lhey would
! have az inm ~ mass OF duties to di7chauee
I'm - tie ueV Gpss ,t,uoh--ihat lie otgIrz =
ton Of he mnchlnery Of the judiciary world
alone TAX" up slI weeks, II not two mounds -
! that ,h" whole system al jurisprudence Won d
have IN be re-mode,I Il ard put together
TN III the Court Of Appeals, alone, the delays
Ut JpsiC" were ruiuon.; aud thee were many
causes of'hs delay, that man, n man gees into
ihat Court IN comfortable crcumSu noes and
leases II "A hankrnpt-that that Court ought TO
decide ont, general Law \ hereas they
are no" to phsa upon the facts ot the cases, al
u examine large volumes ot 90 pages, aud
that m some cases IL would require a Courthouse
10 oi'" me papers-and thai COMMISSIONER
oa5h' To be appointed To ascertain the facts,
and prepare them Tor the drrision oi the court
IN The law He sad, therefore. that the next
session of toe Legislature must be a abofinns
oae-a"d would not leave time enough Tor the
s@hi'ment oil other questions like The pre-.
sent.
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