Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1841-06-17


lnount q spssie - ils vsOl.s. no sew
lean shall - made.
That il shall not deal 10 any thing az.
sep, coin. bollion. PFO0isSOEy notes, ana
inland bills Of excbangs.
That Il shall take 10 mofe than six Der
cent. upon loans.
That i shall disGoual no promissory
noie. and purchase no BIN % exchange
which has more than ons hendrsd and
eighty days 10 ran, OF make any loan Tor
. longeF time.
That 20 debt ehall be renewed.
That il shall not 1t any time loan The
United States more than three millions az
dollars. nos any State more than 100 900
dollars. nor either foS longer time than
one hundred days, Daless authorized by
Law.
That Il shat contract no deb, Tor lon
ger time than one year.
That il shali issus no note Of less de-
nomination than ten dollars.
That the officers Of the iastitntion shall
not be permitted 20 borrow money from,
OF contract any Ssbt therein, 10 say man.
nsF Whaievss note OF biIl of which
sueh otheer. ~ maker, drawer, endorseT,
or seceptor, 10 forbidden to be discounted.
The directors Of The branches net 70 be
considered officers within the meaning Of
this provision.
To pFeveai OF expose any fraud or Ia.
direction in the maaagement Of the natl.
tuition 20 psevent. also, large Sad inpsc-
per leans to individUals. % the iniury Of
the siockholders snd the public, and 10
prevent. hksvise. false impptalions when
such irregularities do not exist, Il - pro-
posed that the books Of The insiilniion.
ineludieE the accounts Of ell individuals
therein. be 81 al all times open % the In
SPeetion Of :he Secretary Of the TFsasu-
ny Of the United States 10 q committee
Iof either House Of Congress; 10 each of
the directors Of the Bank, ssd 20 . com
mitteo 81 the stockholders, With power 10
make public whatsoever they think 81.
- proposed 10 provide that the
branches shall NOS issue notes or bills
adapted 10. and intended Cor circulation
bot may cell drafts. not less ia amount
than fifty dollars. Tor the purpose Of trans
mission and exchange.
That the Bank shall not suspend speeie
payment-thal il shall not pay out any
thing but coin OF bullion, or iis own notes.
That lie existence a. q corporation con
time for twenty yeaTs-bnl that Il be al.
lowed 10 use iis corporate zane 70, two
years logger ia settling % its affairs.
That no other Bank De ssinhIi,hsd bv
CoDgTess during the existence Of the
charter.
And providing that Il shall not BE
deemed sn infringenenl Of the priv.
ltees grated by the charter. IL Congress
shall order The said corporation 30 place
oihees Of discount and opposite wherever
the sane may be necessary foF the col
lection, Saie-keepi1g. aud disbursement
Of the public Feven1e.
All Of which is respectfully submitted.
=. EWING,
SECRETARY or TREAsuRY.
Mr.. Clay moved the pFinlfng Of 1900
extra copies Of the Report. and Of the
Bill anBexed..
ca motion Of Mr. Bsehanau, the Sc.
nate then proceeded 10 the election Of
ChaPlsia. cod the Rev. SERTISaus Tvs
TOW was declared elected. - follows;
For Mr. Tssios SPrssbyteriaa) 80 votes.
NJ Dantorshi
Scattering,
BANKS IN THE DISTRICT.
AfE. AsfEiek Fspcglsd . Bin NVfvipS
tie ineospofatioa 81 eefiain Of he Dis.
triet Bake, which vas ordered d : "a.
leond reading.
The Bin % appropriate Coz g esFtain
time TIE pFUessds Of the Pebble LEADS,
wes read seeoRd time end FeferFad.
The Sensis thea adioansd.
HOUSE OF REPRESENTATIVES.
This vas Pstiiioo day--esa silsr the
States we're eoas through EsF petitions.
the call 90 cemmiltses fOr reports vac
demanded.
The Commilies on the Rnles Espostsd
Hssolalioo 6Eing vhst brsinsas should
Be tFanssetsd By ihe House, whan exesp-
tens SeTs isksn BY NJ. Atbsrion and
MF. Wise.
NJ. Stanley. denssdsd the previous
qnesiicn, When MF. Wise moved thai The
hooss adioaFa-R sjeeisd, yeas 81, Nays
l97.
The Rssolatioa of tAs Commiiles Then
eams uF, and sflsr vesiess nui;sae. he
esaosioa vas decided "a tho sBrmniiye.
Yeas log. Nays 60. So tie sasointioa Of
the Commiltse Vss sdopied.
The House sdjonFnsd 81 a qaaEssT past
six o'clock.
HOUSE or REPRESENTATIVES, -Jsss a
Mr. Wise took The Hoor. in con.
iipaaiion Of bis Fenarks which be com
neresd on Friday, ahd which Be was
obliged % saspsad 90 aeeouns Of iadispo.
eiiiou. The gsnllemaa was extremely
lPals. YET he Kept the aooF. end eeaiioued
. snehain The members. By moss pow
srisi eoasiiiuiiOual augment unia s
o'eieek. When 60 oesF sas made 10 "a.
lourn, iol which be ihanhed tie House.
80 seeld act psFmis, Coz be sake. The
Hess had besa kind 10 inaulRine him.
and BE vosld sa&ssvoE e coneluds.
UNITED STATES SENATE.
aPHetAL oRexa-cAsH oF M'LEop.
The pnhnishsd business Of ssinrdsv
VS. thea taksa uF sad
bIf. Prssioa resumed tie debate. o.
elaEiug ihai be Would a6i have ssis /. 1e,5