Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1830-02-09
GENERAL ASSEMBLY,
In SENArE-EEe &


GENERAL ASSEMBLY,.
In SENArE-FEa. 6.
The Senate have agreed to the resolution ,eat;vA
70 the claims OF the officers, soldiers and seamen of
the Virginia State line during the Revolutions,
,d ney nave postponed indefinitely, the bill for the
rehef OF the s;reties Of Jno. Preston.
House OF DxBEGArEs, Feb. s.
r,. ne ehgsossed 6'i making an appropriation to
l,;, PS sidney College, was up, together
on Saturday, to appropriate sum for the Location,
OF Celiege west of the Allegbany.
II he Dell was supported by Messrs Wilson and
SE0' VI first gentleman appeang to
disclalming my peculiar affection to amdan Sidney
ana aiedgng that his suppoSs was NOT governed bv
locality. bnt would be ndiferently extended to
wealth. ss..t F.is 80 s17s7cs : 's'1.N on-
MT Williams declined withdrawing his rvaer
which he supported by reference TO the claims ami
hesseel OF the Trans Aieghaney country and by the
CONCESSIONS OF gentlemen that that section had been
| neglected. - 'sss"
Mr. .diUer now proposed an amendment IN th.
[ydsr TO the effect OF making appropriation for
College west of the Alcghaney
Mr. Ff,sss moved to postpone the bill. rvder md
amendment indetintely-but withdrew it asain-
when the motion was renewed by hIr. Bofsseau.
and carrlea-aves %, noes 81.
| Reports were made from standinu comm;ttoe,
by Messrs White of Rockbridge from thar of "a. dc
of justice. "
presented
of Edward Northumberland to a select commit
tee OF Messrs. Williams of Henrico, Haryie. Wat
Rims of Nottoway, Buckncr, James, Hansbroueh.
and Minor. 80
Mr. Scott of Halifax, offered the following resoln-
tionwhich he reques ed might lie on the table.
!fesotceo, That a committee be appointed to en-
cure to the expectancy of abolishing the literary
fund. and the fund for Internal Improvement.
| Mr Stephenson asked why the resolution MIGHT
notnow be acted upon. -
Mr. Us moved to post pone it indefinitely
Mr.. palson IeRewed the motion which Mr. Scott
OF Halifax had withdrawn to fay the resolution fo
the present, on the table, Nesatived by larre ma
joFity.
On the question of indefinite postponement. Mr..
Sns,fh OF Kenawha asked for the ayes and noes
which were ordered and the vote stood for postpon
ment lie. against it 10.
On motion of Mr. .Nason of Frederick the House
resumed IN committee of the whole, Mr.. miller of
FoWhatan In the Chair, the consideration of tho
bill rechartering the Bank of Virginia and the Bank
of the Valley
When the committee rose on Saturday, the fol.
towing amendment offered by Mr. Goode, was under
consideration. -
BeaJurfher enacted That no bill of exchange wn ON
any citizen OF this commonwealth resden, therein shall be
for the benefit Of ban unless such bill ba
have been previously submitted the consideration Of the
board OF directors, and by the majority of saeh
board shall have been directed that the said BIN be ncbs
seq Tor the benefit OF the bank Nor shall be lawful for any
officer other deal bills of exchange or The
beneht OF the bank with the funds of bank who sal
not nave oeen authorised SO 10 do by the of majority
hosed hereby required report each purchase or other
deportation 70 The board Of directors meeting aer
suc purchase or other negotiation shall have Effected
Mr. Hnson of Frederick, moved TO amend the
amendment by inserting the following words after
the word report-'.at stated periods such as may be-
required by the directors, tho amount of bills so
purchased"
Mr.. Goode explained the difference between his
proposition and that to amend it, aud Mr. Mason
replied
Mr. Harpie supported Mr. Mason's smeodment
and Mr.. Goode replied and commented on the mode
OF transactng business at the Bank as RECURRING re-
ormstIou-expressng his willingness to entrust the
power of purchasing bills of exchange to the dlrec-
to y but his unwlingDess confide oil the funds of
the Bank TO any one man or any two men-ybstsn-
ever their title to confidence might be. Mr. G. WINS
desirous of spbecting the operations of the presi-
rdent and Cashier in the purchase of bills of Ex-
change. to the regular scrutiny of the directory as
IN the ordinary business of The board.
Mr. Mason rejoined. He was DESTROYS of preser.
vng to the directory the right they possessed Of
supervising the purchase of bills By the officers
but he did not wish to force that supervision upon
them wheH in their discretion, they might not deem
is necessary.
Further discussion took place. in which mesyYx
Hn'Dte and Goode took part--the latter refeciint,
with severity on the practice allowed the Preside6t
and Cashier of Purchasing d lis t. any amount thns
enabling them TO practice favositisD TO any * ept
Mr. Harc7e again addressed tie Committee in re-
ply-stating the practice of the Farusers' and the
Y 3 Bank, TO be parallel to that in the Bank of
va and that the officers Of the latter had not sourt
dsired or abused the power of purchasing Bills Of
exchange copfised to them
III tsobertson explsined the circumstances of a
transaction oftbe Bank of Va at Petersburg alloded
to IN debse) by which that institution had lost as
was SAID, $3.50 in the parchase of q Bill of Ex-
change. These circumstances were explained bv
Mr in way TO exculpote the Officers who made
the purchase from inproyidence The individual
who bad sold the bill, up to the time when il
returned protested, Of unexceptionable and the high
est credit. Any Board Of Directors would have
made the purchase. Dir r. entered a warm vind.
cation of the Banks from the reproacbes and con-
Timely cast upon them y"