Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1834-01-04

aftpr be lodged in The places where =!
ouuht to be deposited. and that itmay us asa"
subject to the constitutional co''o' y
gress ~ -. Treasurer of the Com.
monwe alth be Instructed to use a.. '''e In"ao
~ W., between the Bank of Virginia and Its once
=, TorfaIk. and the Secretary Of the treasury o.
the U. States.
Mr.. Roanes Substitute
I. Resolved, By the General dssen'oty % ,H.
o;a;o That the recent removal by the Secretary
of the Treasury, of federal deposites ron Inc
Rank of the United States to the State Banks,
was nremature, iDladcious, lmpoiitlc' ana not
called for by the exigencles OF the cou"',N'
and is furthermore, deeply to the depioteo' oe
cause inasmuch as they were admitted U" oe '"'o
in SAID Bank. their removal al that t''"e u'ue'
all the attending circumstances II +" o"eS no'
compel the institution TO cause premature us
tress throughout the country. al least ahoros !. q
nlaus,be pretext for Fastening and increasing
that deranoement of the circulating medium,
which must inevitably to certain extent pre-
c,de aud attend dissolution OF It's charter
and therefore increases its claims OF perpetua
ting its existence.
8 Resolved, That the Congress OF the Uni
ted States is not vested by the Constitution
thereof with the power to incorporate Ma
tional Bank. and that our Senators are nereov
instructed and our representatives earnestly re-
ouested 10 oppose all attempts which may DE
made 10 recharter the present bank, and to AID In
passing all needful and proper laws 10 compei or
enable the directors thereof to bring It's con-
Germs to final close, in the manner least ipJu'
rious to the currency of the country, and the
happiness Of the people.
8. Resolued, That the Federal Oepostes
were thus removed it became matter OF deep
sollcitude throughout the Union, that they should
be transferred to places OF entire safety; ana
this Assembly feel gratlhed TO learn that such
portion of them as are destined to be dlsbursed
in Virginia. for the immediate benefit OF her
own citizens should have been confided to
Bank, which, having for many years been the
faithful depository and dIsburser OF the funds OF
this Common wealth, and thereby secured and
enjoyed the tuII aud uninterrupted confidence or
its citizens, and of this Assembly, has given
the best possible evidence that the funds thus
confided to its care, will be used TO the advan-
taee Of IT'S own stockholders, and at all times
faithfully paid over To those entitled TO receive
them. And that thus General Assembly judg-
ing from the past prudence and fidelity of the
said Bank, can reason whatever to believe
that IT would for moment, continue the deposI
tory OF the said funds, If it was required to do
so. to submit to any thing repugnant to the IN
terests of its stockholders, derOgatory to the
dignity of the State, or in violation OF the char
ter of its own existence.
Mr. BARBOUR said he had desired, and the
Committee had earnestly desired, to avoid blend.
ing the consideration of the two questions OF the
depostes, and the constltutlonalIty OF the Bank
of the u. States. In that wish he had thought
but in this perhaps he was mlstaken-fhe gen
tIeman from Hanover Mr.. Roane) had concurred.
He believed it the anxious wish OF majority or
the committee to forbearthe disc ussion of bject
which was not embraced 10 the Governors Mes
sage, the basis Of the enquiries of the Commit.
tee which was not included in the circle of their
duties. and which therefore, had no proper place
in the discussion Mr.. B. observed that the re-
solutions embraced questions near and dear to
ALL in their consequences. and upon which 1t
became the freemen of Virginia to speak in
voice which would compel itself to the heard, or
consent to see every thing they held sacred,
their liberty aud rights put in jeopardy by law
less usurpation. He had no desire to con.
cea his opinions on any subject allied to that
embraced in the resolutions Of the Committee,
and when fit occasion offered, he promised the
gentleman from Hanover, to come out; nay more,
he thanked that gentleman for an opportunity OF
making known his opinions on the subject of the
existence of the u. States Bank-or, he should
have been willing to thank HIN, but for the neces
sity of speedily acting upon the other matter. -
IT that valuable Institution was to be struck
down, he would con ure the House, in the Ian.
guage of celebrated GreciaD, s. strike but hear"
Mr.. CoLsroN wished to know in what char
acter the gentleman from Hanover presented his
resolu,iops-as member of the House only,
or a member of the Select COMMITTEE
Mr.. RoANE replied, as member Of the
HOuse--as substitute.
Some conversation ensued between Messrs.
BARBOUR. CoLsToN, and RoANE, as to the day
for the discussion of the Report, in which length
ened discussion was deprecated on all hands,
and the necessity Of speedy action. assented to.
Friday was then designated at Mr. BARBoUR's
instance, as the day for considering the report
and substitute, and 500 copies of each, ordered
to be printed
Ihn intn fair. ill