Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1830-02-13

Comp Clay Buckue,. Sa,,.4l .srsrss, 1Sier' Of e.
City; Hiehardson and aierond,r Of Char. Johnson,
ctS vpssais Sanss Esq., a CHICK KICK P psyS
Wynn. Po,seli Of FIR Pack, Smith oeGloue B.iiups,
Cueysnt. Bryce, Haii, Cook Of Gray.on. Cary, Alder
tftnsfon, White IF Han Brotcn ~ III Cole. qrmis
fedd, Oldham, Mason Of X. q Gregory Dabney. LIE
iand: Hayes, -rcoee, Daniel. E'n'eTcs,xh. Street.
gins, 9ornett, Booth Of .Mddde.rr Gooiriek Wafis,
Hoss. Helms. Cfoss. C.,hoon Vcbb Nerii, CArisfian
MLa"yhiia. .hi'ndamgh. Dunton. Fisher. Basyr,
Harding. " atkins. D'vis VI Orange. tYovlfoIk, I'd
ans. hner. Miller Allen. Dmpuy. Fard. Ripes IF
p. O. Stands FosfeT. Hart, Barnes Of r. Co., Mitch
Ell, Cline. :.f.hahon. Gray & .M Farione Of Russell.
kdgore. JNetcndn IF Shenandoah, Hasrtuder, Crit.
in Of Southampton. Minor. Pot0eu Of Spotsyivonia,
R"6in, billiard. George. Barns Of Tdxetoen, Har
'0ood. Keller. Huntington @ Wesfmore'dnd Hun.
ge1oo'd, Prsnfis. Spencer, Saunders, Shield and
.Moody-l2S.
.N:aYS-yWessr,. Banks. Speaker Jeter. Thompson.
Broom Of Bath. Campbell Of Bed. Co6bs, Boyd, Hind
man, Ifoffer, SpuTiock, Hansbrough, Fitzgerald, MI
son. Oguff, S'ngser, Jaes, Holland, Cdsleuan Ma
son V FIR Scott Of Hat Kerehevai, Seymour, MI
cs"seS ia n.aa s" Sc g Ws0 a Mvs
son Of J. City, Washington IF JET. Morgan, Dam
bridge. Heiskeli Stoiii'gs, Bias, Gooie' Caperton
Pariou. Ftshugh Tatun. ..r Coy, WALTON, Caben.
Oid. Dillon. Booih Of Rand"iph, White of r. Cook
Of Stafford. sfoncmre. .EPpe,, Wells, Cummings
Sonser Griffin Of York, Grissby. Robertson and
Ruihrrfoord.-6i
On coming to ihs blank for the bonus. Mr.. Wool.
FOL novel to fill IL with per cent
Mr.. MILLER said, that 8 per cent. was what the
Bank under stood to be willing give f its char
ter were extended Tor fifteen yesrs-Hs himself how
ever, had voted for filing the last blank in the way in
which il had been done, (,ni he Justify his
vote, snd to expisin the advantages Of smalg amang
the two Banks. and having only Ins,ution) = But
was it to be expected that the Bank would be able to
pay much, if their charter restricted to wears
He moved, therefore, 10 fill the blank with per CEN,
Mr.. MINOR proposed per cent-beng, as he tho't.
| the proper proportion.
yy1 -
ton He wished these Banks to expose their condi.
ton; Cor, when the question Of smalx came OH
the Stockholders OF the Bank of Virginia would
sent to unite with those Of the Farmers Bunk with.
out looking into their actual situation, and rice
versa He contended, thst per cent was very mo.
derate bonus; was no more than WAS equal to The
Interest on the Deposit money of the Commonwe al h.
He just informed that at the last renewal of the
Bank, they had sgrsed to pay 20 per cent
Mr. II ARvIE said, he candidy though that with This
limited charter, 'hs Bank ought pay bonus ALL
but he willing vote for the proposition Of the gen
eman from Powhatan-He gave the reasons why the
Bank could ni:'rd much greater honus tho last time
lite charter renewed. than at this time, wtcn ing
TO unexpected comm. rciA ens the bank
stock had incurred los' Of IL per cenAs il seemed
however. the disposition OF gentlemen around him that
some bonus ought TO be paid he willing 10 vote for
2 per cert.
Mr.. BURroor said. that bears the same proportion
3, that does t. 10 and therefore il would appear
that the position OF the gentleman from Spots yv mia
was correct-But in these cases, common Arhme tic
was very fallacious and could in all go by
Cocker-But for certain reasons, which he eded
assign, he should vote for the proposition Of the gen
tleman from Povvhatsn.
NJ. KIMDRoUGn stated his reasons for supporting 3
per csn.--vewng the bonus in the ght Ola tax; and
1t Is not higher tax in proportion, than spaid land
and slaves.
Mr.. HAnvIn asked 10 what this State had
ever tax.d capital?
Mr.. KIMpRoUoH suggested, that though not di.
recy capital We had laid tax on the various forms OF
capital
Mr.. MINOR suggested that III. ls,, lime the Far
was oh arab hal n mr.
capital (o So 900 O0O-the Capital OF the Bank of yir
! ginia was $27I0,Oo0)
, Mr.. MILLER begged Of the gentleman to recocct
that the charter of the Farmers Baak was renewed
not tor 9, but Is years.
Mr.. Bryce advocated the payment of 3pcr cent.
He had no doubt the Bank OF Virginia could I'd would
> pay,h.,,
Mr.. HaRyiE stated Inst the last time the FArmer.
Bank was renewed this House determined that i,
s"ou'd pay no D'nn'-but The iies of a bonus came
from above Qhe Ssnate)-And was there any thing
IN the present state Of .rcia concerns 10 jus-
NY so much heavier bonus upon the Bank OIL
Virginia! For. the Farmers Bank then had 10 nav
$50 900, fraction more than 8 rer ceht-and was
ne House about to treat these two Banks uneaualy!
The question to fill with 5'prr cent. was lost.
adoptedwiiiout division.
The blanks Tor paying the semi. annual
wa. h'ied, on successive motion, OF Mr. Rutherford
with ten semi annual Of fhTiv cent. out OF
ten semi annual dividends.
The Banks, appropriated TO The per cen,um on each
share. and the whole amount Of the bonus. filled
Aforesaid
three per cent per share amounting to S5l s6O--to
the year 1888" ' "
l The blanks ocng all filled, Mr.. Gregory rose to
propose the allowing Ryder:
Be II fur her enacted. hat the three per ceum re
CURED 10 he paid each share Of the stock OF the said
Bank held by stockholders, other than !the Common.
wealth. in consideration Of the extension of the charter
of the said Bank according 10 the third section of hi.
act shan he appiedin such manner the General
sembly shall hereafter prrs~rib- % aid Of the obi. ri
contemplated by the act enie an act TO amend To
.evera' ac,@ concerning the Literary Fund passed Feb
Is. 1929"
M G. 'ad the object Of his proposition was 10 carry
into execution the system Of free schools which had
been marked out by the act Of the last General Assem-
bly,.
The Ryder was rel ced.
The bill was then put upon its passage-When Mr.
Eppes ross, az TO make a Last effort TO save
hi' county he ssid from the degradation Of passing
This Bill. He ~a' admonished, indeed, by vari-
on' circumstances. TO de-ist from tho attempt-be-
cause gentlemen seemed TO have their mimi.
: When he saw the course which hi. measure had q,
ken-ihe co operation Of interests win ch had been a.
nitrd iogether-the gum-Ds which were urged here
that we could not get clear Of these Bankswhat sue
Gers could he expect! He saw too gsntemp en- who had
uniformly declared that ought net to take up any
general question, yet pressing this oneanh setting A.
side the general policy which they had advocated =
Mr. T.. then proceeded to reply the various aryu.
ments which had been rsed in favor Of thi. measure
hr'f enumer rating fhem all and then ting the m in
order He conrov-ited the idea, That there wa.
any necessity OF &C ing upon this bill AZ f. tms-If
the Bank had complied with its charter, they had still