Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1841-01-05

Mr. RADCLIFFE could not consent TO the proposition
! Of the gentleman from Tyler. The character of GER
tain parties connected with the Bank Of Virginia
at stake, and lie, for one, prepared TO make any
sacrifice, rather than be hurried into the commission Of
wrong i'll this mos; important particular. Were Tie
members Of that House then prepared, would they
be on Monday 10 give vote and defnlvely decide
The various questions involved in tosa Reports? ii
some members felt themselves able 10 decide upon the
question, lie did noi and he should shudder at the idea
Of wdunding the honor Of gentleman at that time I'LL
ing high and responsible. station. His only object
"as to give gentlemen an opportunity OF looking into
me suhccl in al lis bearings, and he did not conceive
lhat there existed an urgent necessity for coming at
once TO vote on subject which many could not
dcrstand Under The peculiar circumstances of this
case, lie was convinced that the Board would not pro-
coed TO action, which, indeed, the Executive had The
power TO prevent but would adjourn from time TO time
until that House had TO decisive vote upon The
subject.
Mr.. BAyLy could not himself vote undcrstandingy
on this subject until ne had had opportunity of
aiming the reports and tie evidence furnished before
the committee and would therefore with great plea
sure 10 lay The reports upon the table, offering To amend
the resolution upon the printing as that the evidence
taken before the committee might also be printed and
LAID before ire members. The gentleman from Tyler
took the ground that fthey did not act the sub
Ject or at a events Monday, that the effect of it
would be 10 annu all the proceedings they had taken in
relation TO that subject, becanse the gentleman urged
that on Tuesday, the board without any regard to the
acton oil that house, would act dcfntiycly upon the
subject Suppose this result really ensueSuppose it
trnc-Glthough he had himself no doubt that the stock
holders would on Tuesday postpone the matter-couid
the House suppose that they would nUi;-that they
would, notwithstanding they knew that they who re-
presented the interests OF the State anxious to
tisy their minds before acting the subject preclude
them from acting-coud they suppose that they
would do the improbable thing of going into the cleo
tlon when the stockholders possessed Of third Of the
Al
supposng even that the stockholders, disrerardng all
these consde raons, should defnvely act did the gen.
tleman from Tyler suppose that the private stockhod
crs, spnrred on by the most powerful Of all consdcrs
tons, that OF pccunary personal interest," would not take
that course tue most beneficial to their interests
and their interest being the with that OF the Com
monwealth, TO have left the affair entirely in their
hands.-He felt convinced that the business would he
well taken of by them, who must Of necessity
know much more Of the matter than the members of
that House.-lt not probable that in ustice would
be done if left TO the private stockholders they might
remove DR.. Peterborough might reappoint him ;
but his own impression was, that they would do what
was perfectly right in the matter.-Dd the gentleman
from Tyler believe that the private stockholders would
take opportunity Of thwarting the wishes CT that
House when they dependent upon them for tho
renewal Of heir charter which expired he believed next
March That House held their very existence in their
hands, and could they then believe that these private
stockholders would, against their wishes, 60 into the
which he could not entertan-Ile believed that the
stockholders would postpone the subject from day
to-day until that house was prepared to act-There
very serious difference OF opinion in that Hall
TO what should be done; but that part made APP
parent, by the, 10 say The least Of it, very plausible
port presented by the gentleman from Richmond city,
who represented constituency more interested IN the
subject than any other tho State Upon every point
they had and heard sufficient to satisfy them that
the subject required the deepest consideration. He
Iify IN
raj reports, and the evidence which those reports
founded, that thus they might be enabled 10
anime the subject diligently, and TO conclusion,
which, when come 10, they NIGH; have assur-
ance wasa proper one He put the question slngly
TO every individual in The Hall, and asked whether
any member could respond and say, that he now
understood the mattcr-that he was now in posses
sion Of such information would enable him to
act properly, and do injustice to onc.-He had
that necessary information, and he did not be-
lieve that the House had The Committee Banks
mght-they had bestowed Oh the subject laborious
nation-ihey had made up their minds, and were
prepared TO act in the matter, but what other member
there thus prepared And if there were any such
they we'll prepared to act at time ano-
ther and therefore could not be affected by the neces
sary delay lie hoped that the gentleman from King
William would not consent to make this the order OF
the day for Monday; they could not get the reports by
that time, and they did get them they should have no
time to examine them; they might be put upon their
desks but who could read them there 10 satisfy his
mind from the perusal? Members would wish 10 read
them in the quiet Of their own He hoped that
the subject might be laid upon the table, that the report
and evidence might be printed, and, printed
and sufficient time had elapsed 10 enable members TO
read and understand the natter that then they might
be called upon to act upon the subject.
Mr. McRAE could not coincide in the opinions en-
tertaned by the gentlemen from Accomac and h!ng
William, but the contrary fully acqniesced in the
views of the gentleman from Tyler 1t did seem to
him. that unless they acted between this and Tuesday,
all these resolutions would lie nugatory and the time
of the House thrown away. The argument OF the gen.
tlemen that the directory Tuesday next would pro-
coed to do nothing was totally unsustained by any
proof He could not perceive the force of the argu-
ment Of the gentleman from Accomac. If there was
any thing in it, it would seem to present the idea that
il was unnecessary for this House TO act at all in the
matter inasmuch he asserted that the interests OF
the directory and the private Stockholders were iden
tca and that they would therefore pursue, from self
interest," the very which the State would pursue
If this legitimate, was entirely unneces-
sary TO submit TO the Committee the enquiry whether
the interests of the Commonwealth required the cleo
ton or rejection of the President. The enquiry in
stiluted by them went the superstition that 1T was
their duty the representatives of the Commonwealth
to probe this business to the bottom and they were to
enquire whether the same reason did not exist Tor the
removal of the President had led TO the dismissal or
resignation af the Cashier. They incurred with refer
this subject, great responsibility; responsible
y which they could not stave Oft the supposition that
the five directors appointed by the Stockholders would
sufficiently regard only their interests but the
interests of the Commonwealth. If gentlemen would
give the positive that the Directors would
not proceed to fill the vacancy OF President ui,'i ,hal
House ready to join them, then indeed "a they
might be under obligation to concur IN the pro-
posed course, but unless they had that positive assur-
ance the subject, immediate action was Necessary
They had already instituted grave enquiry whether
the President should be elected nottwo reports
containing various facts and reasons, were before Them
both coming to the conclusion: an amendment
coming TO the same conclusion was also before them
He thought the House in possession of such facts as
would enable them decide the question, whether the
of the State would be promoted by the reelec
ton of the President lie was prepared to decide that
question now but had objection to lis being postpon-
cd until Monday if then made the order OF the
day; but beyond this he could not go, unless he had
sitiye proof that the whole business would not be de-
cded without the action of the State all that they at
present had was supposon upon this important mat
ter for these reasons he ready Immediately
on the custom.
Mr. DoRMAs said that If he could be persuaded tina
the action of the Legislature was Immediately ndls
pensabc he should be prepared to sit there until mid
light in order that they might come to vote upon Inc
l. HAT