Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1830-02-16
MIR. BURFOor'S REMARKS

House Of Delegates, FEB IL II c period of extend
ing the chart,r OF the Bank of Virginia being undsr
| consideration
Mr.. BURroor said he was not so ralicsI,-anI a, bs
was speaking OF himself he might be allow ed to saw
quiNoc as TO suppose in power TO dispense en-
rey WIN banking institutions. The evils arising from
THESE ms tuiions 10 commercial people as we are IA
great extent in the present state of the commercial
world, are perhaps inevitable We must have in sub
stance, some system OF bank credits. the question to be
considered is the fOTn in which thew shall exist \,
seemed to him that this of those matters in which
the form OF the thing is itself the substance of the CUES.
ton. TO-
He asked what SHAPE then shall be given IN tbess
Establishments! Some gentlemen suppose a con.oida.
llon oil the two State Banks practicable and expedent
ihat was The present inclination OF his mind and NAV
oe oil 'hat OF the General Assembly in 1872 when the
Farmers Bank charter will expire. Extend ,he VII
gina Bank charter To that time, and the increased ~
Perehce ami wisdom Oh anoth alton may de eide
S que' ION; extend Tor longer PERIOD aud you put
u out oil The power OF eriy You make the inst
tu'Ions immortal, nohingeabl and uncontrolabls-vss
sur yoHenlow them with Immortality as TO all their
evils whilst their morality remains, in regard to slI
The good they can produce.
Mr. u. said, they may either he consolidated mr. NOR
IL mey may, they must be made TO expire together
az the gentleman from Spoisylvania has If
not, there still other powerful Of
That geneman's proposition. Go on rene wing these
charters at different times for 10 years and he affirm.
ell mat me Legislature would have the power
materially modify or amend them Propose in either
OF 'hen any change, any restraint, YOU are mme-
ddiey told, that this bank will be at the mercy of ,be
other; propose any additional privilege to this tho
friends OF The other cry out that they ruined: 30
That all you can do is give them what thew ash
IN me precise torn which they desire l.. MATERIAL
nodhcatlon is out OF the question, our experience
mas proved, whilst one OF these charters dies in the fun
vgor AMI manhood OF the other Let them 90 down at
once ann you may put them up again. the terms Won
think best. Every thing is improving; the banking art
as well a. all others. Let pu il on, of our now
er TO axe advantage OF these Improvements. He had
hop-d that the improved government might have been
permitted TO act thi. subject a. that this disc ardrd
Legislature, whsse death the peopie are about
to sign, would not have insisted legi.ating fer future
,me'' when ihey are conessedly unfit legi,late for
the present.
Wha' Injection, he aked is made 70 this plan, The
gentlemen from Meckenburg, (NIr Good4) apprehends
u"nger rom an alliance ot the friends of the banks
IRON their doubling upon You when thew shall
ask cxenslon OF their charters They are already al
-indssoluby allied. The friends of the two bank,
are the friends OF the Virginia Bank on hi. floor az we
have found them Think you that the friends of the
Farmers Bank have look ID on as ind
whist the Virginia Bank has been struggling for the
eNehsloh-hay not say the perpettatiOn Of her pri-
Viieges ana power! In y are like husband and wife,
VINO nave their petty chickering's and private strrs
but always oppose with united oce any aempt 10 in.
trriere with their con Lay your hand upon the
husband or the wife any Of the little on-s aud YOU
immediately have The whole family OF the Banks about
your ears-you cannot prevent their combInation.-
whether you have one under discusson or three as
we now have, the contest is with all. He hoped the
House would 10 make these two charters expre
al one and the tinc that they may be submitted
TO the wisdom OF anoher generation. III repeated that
he deemed this question OF FORM the substance of the
whole affair.
Mr.. RUFFIN--The following are the remarks Of ,bi,
gent III the House OF Delegates on Friday last in
consequence of the remarks of MIR Atkuson Of IsIe az
| Wight, ION tie Convention BiIO
nave had conversation with the gentleman from
Isle OF Wight, and cid say to him, that preferred
me law OF 'h9 last session and to permit to be carried
into effect, would be the fuihment of good aith-But
sir since the vote OF this House OH Yesterday on tbe