Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-03-13

now existing between paper and specie, this teta!dng
and rendering resumption difficult; md 2ndy they
would encourage general small circulation in lieu
OF specie, which, when once fixed upon u.s. might last
for years.
Mr. Cox followed in opposition to The amendment
MT. RoBEnTsuSs ame ndment then negatived.
Mr. BOTTs hereupon renewed his motion 10 poopon
Mr. b. said the bill would compel the Banks on the LIST
April 1899 10 redeem all the notes issued in specie even
if resumption had not then taken place. Such VIC.
lent resumption could not be brought about and under
such resricton they co1'd not issue these
notes.
Mr. May replied to the objections against the measure
As TO the argument of Mr. Garland that the proportion
between paper and specie would be increased the side
OF Puper this Mr. nj tcHed-on The contrary, he mann
ained that the snail notes would pat ont OF circulation
just as much as was thrown in. lie would ask II Mr
g. thought these notes would be issued by the Banks Tor
nothing They would be given in change for larger
notes. which would thus be Withdrawn from circulation
MIR. GARLAND, in reply. showed that an increase OF
circulation would naturally follow the isao- OF these
small notes in the ordinary way Of dealing with the
Banks, without the necessity of surprising that they
must be given away gratis in order to swel the amount
OF paper In circulation.
Mr.. Boris called for the ayes ard rors, end cPokc
ugain in support Of the motion 10 postpone.
MIR. VOOLFOLK in substance remarked, that he was
most TO shinplssters He would howe yer, con-
sent TO this bill because il bill permit the Banks TO
issue small notes, with proviso, which will, al the same
time prevent them from issuing them. The Banks will
tne1elnre not ISSUE lDPln, anu lie PUBIC noignalioH
will fall upon them in consequence.
Mr.. Boris maintained thnt The course of the House
had been attack upon the Banks in the ulerior view
OF promoting the Bank plan, broached already by
the party. This to be effected by destroying the
existing Banka. Mr.. appauded the candor and open
ness OF Mr. Voolfolk who had disguised his motives
for supporting this insidous amendment.
Mr.. FISHER maintained that the Banks could very
well issue these small notes, without the danger Of
Who would come from Ohio TO Richmond TO present
these small notes at The Banks? Mr. F. hoped the mo-
ton 10 postpone would be rejected.
MIR. SEoAR made enquiries relative To the opera
lion Of The bill, and wished TO know what grounGs
MI BORIS was led 10 suppose that The Banks would not
avail themselves of the power it granted.
Mr. BORIS assigned reason to be, that the Banks,
being by the bill indirectly compelled 10 specie
payments. it would not be IN their power 10 subject them
selves, under existing circumstances to such necessity
MIR. NEWMAN expressed his intention to vole against
the indefinite posponement, and favor Of the rcstric
tons imposed by MIR, MAYS amendment
The question to postpone, was then rejected-ayes II,
noes l0D
The question recurring on Mr.. MAYS amendment it
was agreed 10 by The following vote:
7yes- alessrs Banks, LSpeaker,) Buyy Of A., Rives
Jeter rain!erro, Stuart. Byrd Mitchell Fryut, Snod
grass Shanks, peyton Tarr Mallory, Yancey, Daniel
Vaughan. Lorimer, Marshall, Paisley, Wood Sherrad,
Smith Of G., Watkins, PinneIl, Spencer, Odell, Park
Mullen, McCandsh Lucas, Smith Of K, Conway,
Luckctt, Beard, Taylor Of Orgain, Fisher, Burwe,
duugh, Watts, scgar, Alexander Voolfolk NJ Pherson,
M Coy, May, Vpnable, Shnnds, Robertson, Leyhurn
Coolies, Thomas, Clayton, CrulchGed, Ford, Goodson,
Waker-G9
.Nss-Messrs Ponlson, Holloway, Cobbs, TurnbuII,
Hubbard, Thornburg, Douglass Hill, Servant, Sangser,
DIgges, Dickinson Dsskns, Keen, Chapnun of &. Il
NJ, Oglesby Edmunds Taylor Of H., White, Harrison,
Flowers Bolts, Smith Of of w., Wright, Tnyor Shnd'
wick, Allen, NJ Donald, Goodwin, Newman, Hndgins,
raid, Adams TuDsalI, Cabe, Gay, Fairfax, Williams
Dowe Gray, CuIber,son, Conn, Crawford, Bailey
Of s., Prince, Wtrn, Ripley, Gleaves-52
Mr.. BORIS then moved TO lay the bill on the table,
which motion rejecled-Ayes "A, Noes 63.
The question recurring the engrossment,
Mr.. SMITH offered amendment relating 10 written
checks, with view 10 prevent their issue below GER
tain
Mr.. Bu71s, alleging tina, the House understood no.
thing about the BILL called for the reading Of the whole
of it.
The SPEAKER ordered the bill 10 be read TO Mr. Bolts
and it was read by the Clerk, accordingly.
Mr.. May spoke in opposition 10 the amendment OF Mr.
Smith.
MIR. SMITH said he believed that he had better with
draw his amendment. and he withdrew it accordingly
MIR. Boris called the attention Of the House to the
fact that the mere drawing check Bank would be-
by this bill, made penal offence.
MIR STUART hereupon moved 10 lay the bill on table,
urpng among several other reasons, support of the
notion that the House ought to act precpntcy
such question: and that time for delbera,lon
necessary.
MIR. VEyABLE hoped this motion would be rejected.
Mr.. Mcdowell briefly supported the motion 10 lay
on The table.
The question was then taken, and The motion was car.
ried-ayes 60, not counted. So the bill laid
upon the table Tor the present.
The Speaker laid before the House communication
from the Chief Engineer, transmitting diagram of
Slate improvements now in progress, and those pro-
! posed
Or motion of Mr. RANDOLPH, the House took up the
BILL with the Srnates endment establishing an in.
sprcon of tobacco, at the town Of Charlottesville
Mr. r. moved that the House disagree 10 the Senate
amendment. This motion sustained by Messrs
Rives, May and VenabIe, and carried
On motion Of Mr.. SronMs, the House adjourned.