Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-03-28

Delegates, if practicable, if nol then the first day OF the
session, showing in convenient l"n the different
modes of receiving keeping and discussing The moneys
belonging To the State The amount received and DIS
bursed in each year. belonging 10 the Public Treasury,
the Fund for Internal improvement, end the Literary
Fund from 1900 down 10 the present fiscal year, both
inclusive with The amount Of public debts at the com
mencement Of the time and the loans mnde sincei from
whom and when made, for what purposes; The amount
paid 10 the sinking other fund for The exnguIshment
OF such debts, and the amount remaining unpaid At the
time and the purposes for which The unpaid debts were
contracted
Cd That they also report The commencement Of the
operations OF each the Chartered Banks Of the Stale,
the whole amount of the plIa stock OF said Banks IN
each year. with The held by the State; The funds
10 which the same belonged and whether acquired as
a bonus, or by purchase; the COST and out OF what
funds such purchase was made; the amount ot money
derived annually from the dividends interest on the
Bank stock owned by the State, showing what amount
thereof was applied to purposes of Internal Improve
men to Education and other purposes; the number OF
poor children sent 10 school annually and paid for 10y
the amount of Bank dividends belonging To the Literary
Fund, according the average cost of that kind of edu
cation; The probable number Of poor children which
might annually be educated if the means were PROVIDED
and what amount ofmoney would be sufficient Tor That
PURPOSE
and officers having the collection custody and d!sburse.
nent OF the public money Of this Commonwealth, who
have made deaul! in accounting for The according
10 law commencing in the year lcOO with the number
Of suits and against such deaulters and their
securities, in each year down 10 the present time, ana
the aggregate loss the State by them in each year. the
amount OF money deposited with, and dsbursed by The
Banks in each year, with the losses, if any, sustained
through by them.
9TH That they also report their opinion, jointly or
.everaiy, whether, from their experience und know
ledge OF the finances Of the Stale the interests al the
People would be promoted by causing all The public
and dues 10 be paid scusve in gold and silver
COINS 10 BE- deposited with The Treasurer or other 9th
GERS Of he Government for safe Keeping and Gsbursc
meni; neither using the Banks repositories, nor re-
ceivng Bank notes in the payment Of any public dues;
or whether any, aud if any, what changes would be ad
vanlpgeCus in our financial system; whether The Inter
nal Improvements Of The Stale, and Public Education,
would could be carried on as extensively and useiuy
as al present if The financial Of the State were
entirely separated from the Banks whether the pre-
sent system Of receiving Bank notes in the collection Of
the Public Revenue, and dlsburslng the same through
the agency OF the H.nks, is not most safe and conve.
nen in conducting The fiscal operations Of the State
The bill concerning witnesses in civil cases, with
amendments from The Senate, was, Oh motion OF MIR
GooDsoy indefinitely postponed
THE BANKS-STATE STOCKS.
On motion Of Mr. NESABLE. the bill to allow the Banks
to hold limited amount Of State Stock, was taken up
The hill was supported by Messrs VEHARLE, WTcnER
ROBERTSON and SHEHRARD-and opposed by hlessrs
WooLroLR, and SMITH of Of w.
MIR. HAYMuHD moved an amendment, as TO companie
holding State scrip, whic: was adopted
Mr. SuITH Of l. Of W. called the ayes and noes uPoi
The engrossment Of the BILL and urged further objections
TO ii.
MIR. YrEpY opposed the BILL on the ground that
would convert the Banks into stock jobbing machines.
MIR. VOOLFOLK renewed his opposition TO the bill.
Mr. MAY agreed to many Of the general propositions
Of Mr. Smith, but he could not the evils predicted
by that gentleman. State stock could seldom rise more
than two per cent in The market. If MIR Nj believed
any de,menl could arise TO the interests Of the mCrcan
tile community, he would not favor II; but he believed
benefit ould arise TO the general interests OF The State
Alr NJ. illustrated the manner in which tins bench
would accrue Ia the State.
Mr. WATKINS urged The advantages that would accrue
TO the State from this bill, ard hoped that amongst h
many 'new lights presented at the present day, hi
friend from Isle of Wight, (whO had introduced many
into the general banking sysem would profit By som
Of those now before hun.
The till further opposed by MeSsrs 1ERBY ant
BArLY and sustained by Messrs. SHERRAED and WircH
The question was then taken ordering the bill Il
be cnerossed which decided in The affirmative, b
the following vote:
.4ecs-alcssrs southo! Holloway, Cabel, Kinney
Cobbs Fryatt, Snodgnss, shanks Peyton, Tarr, hler
ri,l KYLE Flood Thornburg. ro!cr Fox. Corbn, Card
well, nroadus, Wilson, Vaughan, Ball, Edmunds OF F.
1idball, Waite Hale Of F, Wade, sheIrard, Barton
Watkins, Daingcrfeld, PARK, Seymour, Bolts, Martin
Washington, Reynolds, Smith Of X TayIoe, Conway
Beard Rumcy, Taylor of L. Smith of NJ d J Hay
mond, Dunlap. Barnett, O'Fera, Hodges, Conne
May, Tunsali, witcher, Harris, Carroll Vennble Pen
dielUn Robertson, Leyburn, Dorman, Smith OF Rock
ingham, Davis CsulchieId Crockett Of T., Stephenson
Goudson, Walker. Jackson. Crockett of W.-C0.
.I0cs- Messrs GiIm,r, (Sprnker) Bayly of Crop
per- NJ CEnck, tluskins, Carson, Lormer, Payne, Des
kins Chapman Smith OF Gloucester, Hail Of Gravson
Turner Edmunds Of Halifax Taylor Of Halifax, Odr
Flowers Armstrong; Smith Of l. Of w, Tyler, Wright
Richmond, Farley. Anderson, Organ. BANKS Tav"
OF NJ Il VI Dorch, Goode, Clayton, Langhorne. Yer
by Alexander, Fitzgerald, Voolfolk. Cloud, NJ Coy
~. ID n
beson Bare Conn, Urquhart, ti!zhugh, Clarke, Prime
80.
4 bill concerning the Penitenary, and bill to
The act entitled act providing tor the negncatIon
loans for purposes of internal mpOVemeht-"e:e Era
Wv NEW SHENANDOAH COMPANY.
The bill concerning The New Shenandoah company
being It's passage, was suppOItedby hleSsfs. ArsoS
STUART CAEsnY, KINNEY. and opposed by Msssrs Ed
Auyus Of II VyYABLE, and GoonE, and rejected by In
/ following
.3res-Messrs Holloway, Stuart, Kinney, McCn'ick
/ Fryatt Snodgtass, Sharks, 1ar Tbornburg, Carson
Btoadus, Edmunds Of F., ldbnlI, Waite, Barton chap
nrau Watkins, Dangerfeld Olell, Armstrong, Wash
/ ng,on Reynolds, Smith Of X Beard, Ramey, Iay'o
! o! l. Smith Of NJ Il. Raymond, Clayton, OteFfaI
| Watts, Voolfolk. Mccoy, Gay, Carroll Surn, Pendie
! Ton Robertson, Dorman. Smith OF Il, lhomas Bare
! Conn Fllzhugh, G"odson-4b.
! M.s-aIessIs GiImer, (Speaksr) Bayly of a, CroT
rer Souhal! Cabell, Cobbs, Merritt, Hnskins, Flooc
{ Fox Corbn. Wilcox, Cardwell, Wilson, Vaughan, Lc
rmer Ball. DeskIns, Hale OF franklin, WADE Sherfarc
Turner Edmunds Of Halifax, Taylor of Halifax, Pats
! Seymour Flowers, Bolts, Martin, Smith OF !. nl W
| Tyler, Wright. TayIoe. Conway, Richmond, Farley
Anderson. Organ, Banks, Taylor of NJ IL NJ DorIct
! Goode, Dunlap, Barnett, Hodges, VERIFY, Alexander
/ F,zaerald, Cloud, TunsalI. Harris, Venahlr shanG.
Radcliffe Smith of Russell CuIber,son, Davis, Urqnhar
! Crutchfeld Clarke Prince Crockett Of l., Stephenson
! Walker, Jacksonville
The House then took the usual recess
Eeening Session.
| On motion Of Mr.. TAYLOR Of L., the House agree
| to meet 10. morrow al ~ o'clock
| The engrossed bills were taken up.
A bill to extend the provisions of the net to prever
the destruction Of oysters in the counties of WarwIc
and Elizabeth City and for other purposes being read
| third time Mr.. LASGHoRYE moved a rider which e
| +, much debate, in which Messrs LANGHoRHE, SmIr
| or | of W, WATTS, SERVANT TYLER and May part
cioaled The ryder WAS engrossed, and the bill,
| amended, passed.
A hill To- prevent persons from carrying on bushes