Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-12-14

rho RIGHTS Of citizens He preferred the substitute 10
the BILL and wished to make it as perfect as possible.
Mr. FAULKsER pointed out the inconsistency IN eie
substitute that while proposed to remove the forfeit
urc il left the penalties in full force lie exhibited
Statement, to show that both the debts and the c!rcna
ton of the Banks much less than 'ne g"iierai
banking law allowed. They lad eynccd every dsp"- !
s;ton To- do al that tie jaw required :" them ""d"r
,hcr restricted characters Sir f. could not believe
the egis aturr would deprive them OF all usefulness
Sir Scorr would support the subst'tu" Win an
amendment 10 the 9TH section, winch he proposed
making provision Tor the pa!incn; OF lie Sta'c nv
dend He was wiling 10 restore the Banks TO vitality
on this condition.
Tie a;,iy ndmcu. was negaiiv.t.
Mr. SuIrlI commented on some sentiments uttered
IN reference the brokers, and Characterized the d'
positiOn To measure rnc OF Justice TO them, ana
another other citizens, arar'an III their charct
MIR & sustained Tie substitute, and pointed out It's ah-
vantaycs over the bill tie enlarged upon The proprcty
of preventing the Banks HON increasing thcir oas
and discounts during tho stat" o! amnesty enjoyed oy
thcrl and objected 20 the clause III the bill Which open
ed the field of construct IN reference tn the powers
of the Legislature over the charters Of the BANKS He
vas Ia favor of the substitute because II expressly re-
served the power to alter, amend or annuI the charters
Mr. s regarded the ball entirely for the crne'
OF the Banks, and not for the people: ana went INTO
general argument upon the SUBJECT
Mr. Lyons replied ~ Mr.. SMITH, and reviewed all
the principles involved in the species OF cris!avn
proposed, which he rmpha!cally pronounced GeInS''e
and destructive He urged gentlemen II the "ish"d
destroy the Banks, to do III direct Terms, ana mol
by penalties which would operate dsastrously lSlr.
L. remarks embraced many points which we find It
impossible to notice; and we regret that WE arc una
bic to give the reader lca Of the scope OF his
argument.
The question being taken the substitute, IT was
decided in the negative by the following vote
.iyes-Mcssrs. Cooke Carson, Wiley, Atkinson,
Baptist, Smith, Dyer A!otictt McMull"n, Scott-l0.
.Toes--Mcssrs J. ". Nash, tSpcakcr.) Campbell,
Thornton, Hunton, Pcyton BonduraG PcniS"n, Opic,
Thomas, Bcudin, Lyons, Carter, Faulkner, Bland,
! Wvodhonsc, Fontaine, Anderson, Coed, Thompson
| Mr. SMITH moved to amend the bill By restricting
the Banks from an increase of their loans beyond t"r
present line Of discounts. Nrga,rVcd.
| Mr. SMITH moved 10 add the following section:
"BeH furihr saactcd, That the Banks accepting Ia"
benefit of this act shall redeem their notes under len
dollars in specie: Proedcd, that they shall not be re-
qurcd 10 pay 10 any person than ten dollars al
any time
This amendment was opposed By Messrs FoSIMNF,
| ASDEEsoN and BGSpIRA<T, and decided IN the mega.
| tive by the following vote:
.4rcs-ilcsSrs iiunton, Wiley, Atkinson, Bapt'sf,
Smith Thomas, Dyer, Ilolir,t McMuilcn, Ihomp-
son-l0.
roes-Mcssrs J. W. Nash. (speaker,) Campbell
| Thornton Cooke, Pcylon, Carson, Bondurant, Pou!-
son, Opic, BOuldn, Lyons, Garter, Faulkner, Bland
Woodhouse Scott, Fontainc, Anderson, Good-l9.
| Mr. BouLDIS moved to amend tn" bill by inserting
the following words, instead Of the last proviso:
| And whereas the Bank Of Virginia, the Farmers
Bank Of Virginia, the Exchange Bank, and Bank f the
| Valley of this Commonwealth having forfeited their
charters, this General Assembly the right nj
and all times to alter, modify repeal their
charters, or the charter Of either of them
| This amendment supported by McsSrs BorLnt>
and SNIrm, and opposed by M"S>rs A>DEG."S. lro>,
and FiuLkSEE, and nrTaIvrd
| Mr. CocRr explained his rcu.ons for voting against
the bill, il havn. become objectionable 10 INN hE the
amendment adopted Yesterday IN rcqanG Tor The STATE
tina, measure which not required for individuals.
Mr.. SMIrm also expressed ms reasons Tor voting
against the btll as IL stood.
| The bill was then ordered TO third reading.
Upon the question Of its passage. M"ssrs. PErlos
and LYoss explained their virws III voting for L. be-
it contained good IN despite OF the amend
mcnl.
| The bill was then passed by the following vote:
.iws-Mrssrs Nash (s'prnkcr,) Campbell, Th1ru-
ton, llunton, Pcyt"n, Carson, B"nd"ran. l"n's"n,
Opic Thomas, B"uldn, Dyer, Lyons. Carter, Fanlk-
ncr Bland, Wcodhouse. Fontainr, Anderson, Good,
I'Thnmpson-2l.
.N,es-Ncssrs Cooke. Wii!cy, Atkinson. Baptist,
Smith Noiru, NIcAlucn, Scott.
On motion OF Mr. McAlrLLf>, the Senate agreed to
meet Tomorrow: al IL o'clock.
| On Mr.. D,LEs notion the Senate adjourned.
Tnr Oruw TrADr IL CuIH,-Thc following i'm
porant answer has been sent BY the Brit si Ir"asmr:
To the claimants for icat,on for losses sustained
IN consequence of the delivery ii opium I" the Chinese
| Government:
"Gcnt!cm.n--ITavirg laid before the Lords COM
mss.onc.s oi her Majesty Treasury Your lcttrr-lHt
which you apply tor settlement al certain claims toy
opium delivered 9TH, Chinese Government, aud trans
nit certificates signed BY Captain G. Elliott; have
received their I.orShps commands to acq'IaH, you
that Farancn, has placed at the disposal of this Board
funds on, Of which any compensation could b" made
and the sanction Of Parliament would be required be-
for. any such claim could b. recognised and PAID 10
prevent nny MISREPRESENTATION Of the intentions nt ths
Board, nv lords have felt it necessary direct me-
further state, that the subject has been under III" at
tcntivc consideration of her Murstv's Government,
AMI to add that her Maesys Government do not pro-
pose to submit to Parliament vote for the payment Of
such claims.
Signed Il. GoEpoN.