Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-07-06
MIR. WRIGuTS BlLI,-,aoJif,d in The n of r.


| E1ract II II Litter Jrom "W AsHlSGToS, July 4.
The ye1ed question has jus, been disposed OF IN the
! House of Representatives The fret section OF MIR.
Wrighs BILL removing the disability which has been IN
Cured by the issue Of small by the hanks has been
adopted, The second section rpsaiing tie act Of 1886,
| 1cas stricken mt.
You will lind By The proceedings that great many
amendmeIs offered, all calculated to embarrass
and prevent the passage of the bill. Among them, was
one offered by Mr. Campbell Of S Carolina To amend
men offered by Mr. Curtis Of New York. providing an
abstract proposition, that nothing in that amendment
contained should b" construed 10 authorize the OF the
public money Tor banking purposes; without providing
my means authorizing the Secretary to make compen
satnn 10 the hanks for Keeping and discussing the pub
lie money. If this amendment had been adopted the
defeat Of the whole BIZ! would have been inc vilabe-
| 10 accommodate my ACTON to public opinion, | was
willing IN have voted for bill making the necessary and
proper regulations restricting the use of the public
funds by the hanks; yet 10 apply abstract propo
ston 10 brl! having practical object, had idea Of
was willing, as concession, to have voted for either
! ThompsGns Rober tson bills; but the House would
not even consider them. WHY then embarrass n bill
with mere abstraction: If had passed the House in
that shape the deposle act of le}G could have been
executed the disabilities Of the banks could have
been removed and the Sub Treasury bill would have
been in full force notwithstanding the defeat which il
has sustained. The act of lc36. II yun will examine it,
is well guarded and leaves the Secretary power 10
rect every improperly. think nader existing ccum-
stances and the lse period Of the session all has been
draw out system. By next session trust there
will be more temper and more discretion brought into
the question. IL the banks will 10 they ought 10 d.
every thing is SAFE.
o. The following is copy Of the Bill as it passed
the Senate (SXracrd from the n intslgencer) From
this readers will how much of the bill was re
jec,ed, and how much retained by the II If R.
BILL TO modify the last clause Of the 9th section Of
the deposite Of the 23d June 1885, and for other
purposes.
Be ii cnartsd &c That lie las, canae Of The 9Th sec.
tim Of the entitled An act to regulate the deposes
of the public money approved 23d June lc36, decar
rg that the bills of no bank shall be received
in payment of any debt due 10 the United States which
shaI after the 4lh day Of Jnly 1896 any note bill
Of LEES denomination thar FIVE dollars shall be- and the
same hereby modified, that the Introduction az 10 the
ption Of HE bills and shall continue against
any bank which has, since the said Ih day nf July. lcG
issued bills notes of less denomination that five dol
lars or which shall Isue any such bills notes prior
10 The first day of October. ls3S; hui that from and aei
the said last mentioned day the bills Of bank
shall b" received in payment OF any debt due TO the w.
States which bank shall after that date issue issue,
pay any bill Of denomination less than
five dollars
SEC = .qqdJe il further snaced Tha, The first twelve
sections OF the act entitled AN act 10 regulate the de
Pos,rs of the public money, approved 23d June. 1886,
he and the ereb; repeated, except far as
above provided. and oennbe the Treasury Department
to collect any debts which may be due owing from the
late deposite banks
Crhe Is, section has probably been so modified also,
BY on amendment of the n Of r as do away the diff
icules about the Of the Banks as Dpoyitories-A
passenger in yesterday cars reports. that the amend.
adopted by the II. Of Z would probably be
cePted by the Senate)
The Lswsbure Enqrirer of tie 29,h June states. that
there already at the White Sulphur Springs $50
VisitOrs-bciug double the number which there al
the same period Of the last year
MIR NJ Levru. n young Denrls, of grca. professional
Ill int htcc ,rGI -h