Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-07-18

subscription OF three 6hs OF the stock that which vii
be equivalent substantially TO such subscription. In al
probability the Common Council Of the city OF RcbmoD
will not consider itself empowered TO subscribe. withou
first submitting the subject the citizens Of Rchnond
and obtaining act OF Assembly authorizing the subcrp
uon When, however, the subject shall have bee submit
ted TO the citizens and they shall have Determine
they will subscribe not the board anticipate with
great certainty any legislation which may be proper {,
carry into effect their will IL they shou be in favor
books TO obtain any fsrher subscription from fivi
which may then be necessary Noiuco0ye nienec
suit TO the company from the adoption OF the resolu ion
above proposed, anless there sboad be failure the
part OF the Cominon Council TO submit the question, or
failure on the part OF the citizen's 10 decide il within
reasonable period To guard against any such couye
nience, the committee recommend the adoption OF the fol-
lowing additional resolution:
RESOLVED, That while the option Of subscribing is oaer-
ed 10 the Corporation, The board III expect decou by
the Corporation within reasonable time; and il that
cson be unreasoDably delayed the board wi
der itself prec'oded from Eeopening the books, adopt
ing any other measures TO obtain subsc ptions.
Resoired That the President of the Company transmit
copy OF The going report and resolutions to the President
Of the Common Hail. with request that he will submit
the subject TO the Hall at an early period.
COMMON COUNCIL
The President submitted copy Of report made by q
Committee Of the Dir Of the Rcl mond, Fredericks.
burg and Potomac Rail Road Company at meetng OF
The said Directors the llth instant the subject
subscription by the City, the stock Of said Company
And preamble and resolution submitted by Mr.
John > Myers, tothe following effect:
Where's in the opinion OF The Common Council, the
prosperity oil this CITY, generally, would be greatly pro-
noed by the completion oil the contemplated Rail Road
between Redmond, Fredericksburg, and The Poomsc
and that tbereasons FORTH in the report of
mee OF said Company. in favor of subscription the
said work, the part OF the Corporation satisfactory
and that the support Of the citizens OF
Observation-Disclosures,
Resolved. That polls be opened on the day of
at Armstrong; Tavern, in Jefferson ward at the City
Hail. in Madison Ward; aud at The Shockoc Hill Tavern
in Monroe ard aud kept open for the days following
10 ascertain IRON the citizens qualified vote Tor member
Of the Hall, their wish on the su ject Of subscribing
dollars in the name oil the Corporations TO the said Rail
Road
Aud on motion of Mr. John s. Myers the said preamble
and r, solution and report referred Select Com.
mittee-snd Committee appointed OF Messrs J. S.
Myers, Munold and Scott.
One of The Alternatives MIR Leigh is said to have
declared at Chesterfield, that of the great
schemes on foot is u. s. Bank to he got up in
Wall Street-and that Martin Van Buren, is in ia
vor of it Now, who can believe such thing of
I" the arch Magician after his Toast announced at
the Fredericksburg dinner?
by the Hon. Martin Van Bsren. USevALrFIrD uSooM-
The interest the honor of the people demand it''
And surely il there he any truth in Mr.. LIS sug-
gesiion, should not have suspected the two Sena-
tors, and thirty republican Representatives of the
State of n. York, of putting their names TO the fol-
lowing unqualified declaration:
Through prescription and nsolerance personal and po-
Hicai-under assaults more powerful and wndicive thar
any heretofore KNOWN any party co"ficisbe has final
ly succeeded in bringing the great question of BANK
BANK, in such shape before the free people
the u S. place completely ia their power to nut
down and forever only the present bank hui any
similar restitution II the people only themselves
we doubt that bu,iness OF the Treasury can be
conveniently aud safely managed by the sgncy the
State Banks The restoration Of gold coins the spe Gle
Gil culaon OF the country which may be expected 10
follow the recently passed. will not only strengthen
those institutions, but operate valuable limitation
their issues; and proper caution only exercised by
State Governments in the incorporation and
of banks and gradual but timely taken for
the abolition OF small notes, may confidently anticipate,
and that at distant day. safer aud useful
cy than yet been enjoyed by people OF this
country he evil tendency OF the paper system will not
only be checked by this reform, but the wish our
venerable Chief Magistrate to 10 the aboring man
the fruits OF his industry in medium OF certain value
and TO conne banking institutions 10 their original and
legitimate pmposeihe necessities of trade-will thus
be carried into practical effect"
N. Il. The above is extracted from powerful
"ADDREss of The Republican Members of Congress
from the State Of New York, to their Constituents
just published. We shall lay it as soon possible
before readers.