Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1830-02-09

4
the drawer was at the time in hga credit; and tn
about $4,000 OF the money had been saved W the
Bank.
Mr. ROBERTSON gave the h.,ory Of the bill of ex
change in Petersburg, stating ;hat IN. drawer had been
hs next or neighhor; that he had been in unexcep-
honable CT Ell. TIL the moment The House in n York
10 lay his biil--'hht the drawer was connected
WIN sh extensive tobarco business in Pali.: and he
waS supposed 10 command two o. three huurd thou
SAND ii ars; a"i t"s, 10 boy had susgecie i, uhlo
tuLat- event winch had taken place; and tia; ha had
no doSlt the Du ectors them elves would have eJ
-" h'So,tion Of hi' several drstts % the ouu'
o,OOo-Oi the character and conduct or he Ca-bisr
lie So kr the hil hes one O. he most lue 1
III n IN The Commonwealth; aud whom the Stockhol-
uers had subs quen " c)t 6rmed in the pcssr SION
ms Office Mr.. said mu ia had been urr ed Al. aims,
''e Bank; hut he couLden " said, that lie had see n
nothlas IN the conduct u The Bi,ks nolIng dsik no.
mug dishonest, nothing which any could larly
rep oh'e-'ha they were liberal well az honest in
melr halSdctons-ihat he Dice ors had TO lay-anl
Ie'eu without any hope of reward Mr. X. cont-nd-d
"i'' mere was nothing IN the conduct OF these Banks
winch was calcuat al TO draw down the ensures hch
"ao neeh cast npon thea-that they had been cauduc
gu WIN The most perfect integri'y and that 10 good
couii arse from these efforts TO rammel crnsle and
o'aH oowh tle institutions IN tie States tia; there
one ihidiiiOe test which could be mia aiken; that
eir paper was equal to specie; aud that there was OF
ho winch was not as good gold and silver in the
pckes oil the holders; and tia, he believed the paper
o'"e irgina Banks was the only paper which was .,
P'd' Us 10 the ioiron, which II has been said they
were Circulating, lie really had but one thing to regret
VIZ ma ne could not get much Of their pos IN as
desired.
ME- cooDE expressed his surltze at the remarks Of
TIE gentleman from Petersburg Fer many OF the off
eers OF me bank, he entertained great respect Gen.
Yemen n'u GAINED Tor them the possession of the
sre"'e'' ,h'elsehce and meli; and while he himself
was ready to assert TO tins op,non vet what docs il
prove: hat II with such intelligence as they nossoss
hey have incurred loses bv negotiating bills Of ex
change, does Ii MOI show that whilst il is net their
iaui, that II must have arisen from he want of ,ro
lotRauZdlOu. And probably tlrir ,;,
nOeia dspo iion, their God treiug, (Which the zen
"-ihan rom Petersburg had a crDsd TO thcm) u,iyb,
carry taem too lar, aud imposed the nvcessi of :.
check on hem, by ths Board of Directors
Mr. ROBERTSON explained that he had never know
oil sny loss produced 10 The Bank ~ this cause
lhe question was ,htn taken on NJ MAsoN's a.
insndmen', and lost without an d.vi.ion
The question required on MIR. GoopE's amendment
when was carried, (dPparently by large maiorty)
Mt MINOR '1trri new 'ec'iOn, to come in BE-
tween III h and 18th sec'iun4
".fnd be IL further onGcfe9 That the Diroctors 8,
the several places where the ank o. its Off sb be
iabI'hed Tor thr time being, shall have po,qcr 10 ap-
POI such officers clerks aud servants under them as
shall be necessary for eN, cutting the bi,r.ss or tho
SAID Cooperation; and 10 allow them such compensalion
Tor ther services respectively shall bc te,sen,b
ana sha he capable Of exercising al such rowers and
author 'les Tor the we rning Of the afIi,s OF lie
said Corporation, shall he prescribed Inv the Nv
laws, or'iinares and regulations Of ,ha SANG 'NEch
was rejected
The Committee then rose on Mr. GR1GsBY's mo.
/ he
mehts 10 the Hopse
when tse amendment w,s read, which srprorris,e d
me i'onus TO he Literary Fund, Mr.. Mason Of f. on.
posed It. and called for the ayes and noes.
ME-. MILLER spoke with gcrat animation agaiss, III .
"mendmint con'fn!ing mat The ia tn OF the State wa
PLEDGED directly TO give this Bonus to the Fund for La
t"riai improvement; and what ,youlG tn Uoue saw II
motion was made 10 take the fines aSd TO fixtures
nom me Literary Fund and give il 90 tie her Fund,
Would not the one he fairly within the povv,r nj
the House as the Other:
Al o Stag OF the business, Mr. Booker o. A. NOV ed
lie indefinite pnstpouement OF the Bll;-which no sub
Stqnehlv mocihed by moving to ley ii on the table
Mr.. MILLER o posed The moion-uron the ground
that II woull inevitably lead 10 curtailincnt NJ h ~
discount OF the Bunk, the dminuron III circnia,ion
ana o. course OF lis dividend siock& that a fans
OF lhr State would suffer lie sam. u.oportop tl.t
tne Banks would, irom sheer necessity he drive to
this cpurse. - ~
STOCK oil The commonwealth IA the 3auk of VIRGINIA
ceased, the Legislature would have 10 NM ,I,,ir
nd"u' uFecy into che pockets of the people 10 paw he
Interest upo the James River and other loans ,,,i
on ',ie income oi the Fund If Internal Improvement
MIR MILLER also ta,d. that the ppope were u,aIio.
s"' eAeT ions To relieve themselve iron, their debts
"nh their Efforts were becoming effective This wa,
evident, by the fact that the TAX on law nroc..s h1
diminished nearly half in the IA Two vn.rs a.,
me Auditors reports exhibited. N,w said NJ Nil
ier il you compel the Virginia Bank TO curtaiI he o,hc
n'nS- must do the game; the peopn will feel the pres
sure, an will be unable 10 coninue their exerous r.
rel W. themselves rom their debts
MT BOOKER declared IA the information he had 70
ceired, that thc Bank Ct Virginia should rsdu. il,
business the other Institutions III his State wruld
tend their operations.
Mr. iARvIE ask d, when il was known Tho, II opo
INK cnrtail-h their di-c unts tie other Banks in IN.
same pac" were 10 obliged 10 follow the ex,mpl.
Mr.. IHoMP ON spok" win great amin atom j., bvor
of the motion He said, i! unw<. for the IIou.o
10 trn prophets, and say what would be exppJien, IN
90 III ihey year 1884, 10 say lhd would be W. a. ,vhe,
the pre- eat Charter. were obou, 10 rxnre =, r ~
ho-e Charters--tha in he mean tine new liph mi, h,
break in upon the subject, aud enabI. TIM. I.oisIt,
10 determine Tor the best He conended that ,l.re
was time enough yet 10 decide wheth-r they ,b,ult
renew the charter; that ii the char;er was renewal
nov, the act was iireversibie aud tint il was hest IN
SIN on The sale SIDE; 10 poIps the decision and lesv.
IT TO their TO determine hat was the best
AMI tIat They ought BOs TO I've such knight errans as in
60 into hItur ty.
Mr.. MA.oN called for tho voae ard roos
Mr. FGNKS was in favor OF the mot on He prcr.r.
req laying this question over, in order have an oruor
lu"iiy OF con'nung the wishes Of the PeopIe-tbar II
'he On 'rter was to run out Tomorrow lac believed h.,
should vote for itbu there wa plenty of I'm. 10 ,rt
upon ii hereaier-hut whoi yer had the honor TO come
here next winter would come clothed wi n the wishes
oil The People.
MIR. BRowN of II. said, he had voted with Mr.. Gil
mer against laking up this subject al al-because NJ
wished the Session brought TO clos but now he 40
Ps' OF The su' jet was materially ch4 nged-they had
gone Tor soma time INTO the same -uhiect-they had
gone more han halt. way Into snd now II we houId
determine not To act upon IT, it would he telling IN.
public ard The Bank, that The Charter was not 10 be
renewed; and the consequence, which had been an
tcIpated, might take place. For his own part he
woul prefer 10 renew the Chatter, and let i, run out
at the same time with The Farmers Bank: that theu
wr nigIt detetuiint whether we sb,nld Il ,,y,v a,
B1nk system altogether, modify il on other princi
Piles; Though really lac would not undertake fo saw