Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-03-02
HOUSE or DELEGATES.

WLnNnDAE, March LIST.
Mr.. POWELL of A., moved reverse the report of the
Comnrs OF Roads against the expcdiency u permitting
o. W. PeitiJohn To construct turnpike. Mr. Powell sup
ported his melton, which opposed BY Mr. Goodson-
then agreed to-
The report of the same Committee, against allowing
change OF the White and Salt Sulphur Springs Turnpike
through the town oi Unun called mp by Mr. Adnir
and on his motion, reversed
The bill restricting the Banks the issue OF small notes
being read,
Mr.. EDMuNns moved the following RYDER; Provided
however, that the under the denomination of S.
thozod Ia Ice issued under existing laws shall be redeem
able IN specie only at the bank where issued and made
able
Mr.. HorkrNs, the effect OF the ryder was understood
by him, was To make the small less valuable than
present, by making them payable only where issued lie
had insupeTabe objections to il.
Mr. EDNUNDs remarked that the present laws, amend
ed in the Senate, made the Small Notes payable the
Branch Banks issuing those and also the Mother
Banks-the practical effect throw all the Small Notes
m the most exposed points the Mother Banks, and IN fact
TO increase the circulation payable the Mother Banks
than the whole OF specie their vaults This
Is disturbing the proportion of circulation between the diff
ieIcnt points and has justice than making the
whole of payable the Mother Bank The
Mother Bank could not provide for the payment of its
circulation and this additional circulation greater than
whole amount OF specie without greatly imparng the fair
distribution of circulation and operating very unequay.
This effect might be avoided aud perhaps would, IT the
Mother Bank should issue the whole Of the Small Notes
payable at its Counter and divide them among the Branches
They would then constitute the greater part of the ccma-
ton Oi the Mother Bank. aud the people would
convenience from this change, whilst it would be much in
convenience M compelling Branch to issue the whole
| OF the Small Notes.
! Mr. WILLIAMS thought, il this ryder passed. the bill
ought be called bill prohibit the banks from paying
specie lie very warmly protested against the proposition.
Mr. CARTER would not be surprised after what had fall
len from the gentleman from SHENANDOAH hear the
gentleman preaching the doctrines Of Jack Cadc. Mr. T..
commented the position yesterday assumed by Mr. Ia.
aieno, Whose speech he said seemed 70 be intended
speech made by the gentleman the begin.
ming OF the session. that the individual Stockholders of the
banks should be made liable for al the debts
tuuons Mr. e. pronounced this monstrous and unjust
wrong in practice and unenabe in theory IL
nation from the great llumbug at Washington, which
itersed and reiterated by all the little humbugs through.
out the country Tie proceeded expose the injustice
which would result from enforcing this principle.
Mr. TALAfEREo replied in defence Of his consistency
tins subject, and support of the principle advanced 10y him
Yesterday that corpomor should be liable the full
Of their property for the obligations Of the corporation lie
dscaimed any intention assn the credit System Of the
conntry-he would only place II upon solid basis.
Mr. GRAY moved TO amend the ryder by authorizing the
issue aud reissue OF small notes, until January 1914 IN.
stead OF the ls Of October next present provided 10y
! law
Mr. MARTIN called the ayes and nocs--whic were ayes
IS, noes il-so the amendment agreed to.
Mr. IorETs appreheuded that were getting into df.
hcuy by the law which passed this session. ihc auhori.
20 issue these notes limited the LIST of October;
and now by ryder, without repeating this law aro
about extend the authority l lstof January How vore
these conilciingincts to stand together
Mr.. CRrrCHliEtD saw no difficulty Ile lawyer;
but he supposed tho fact that the passage Of this
Nohd virtually repeal cOnficung act. But II
would not be the case, word might be- added
move all doubt such "any thing IN any heretofore
passed, to ihe contrary Notwithstanding"
lie moved those wOrd4-wiich agreed ~.
Mr. WILLIAMS said the ryder very mpcrieci-tliaI
provided penalties between the st Of October and list
| OF January.
Mr.. EpnUSps aud Mr. Cm,obncd though, the objection
was not valid
The ryder vas then ordered to be engrossed by the fol-
lowing vote Ayes &c, noes Pas follows:
AyTs-Mes-rs Gusts Randolph Cooke Powell og A. brooke
Frazier, wngf'h Mitchell NewkGk ssodgass. Hubbard Ro
Irving GoNya Blown, n D. g W, Garnet RIs Payne nc
kn MUSE Tarafouo. WOOD French Robins. Carroll Calc Blue.
M~- Smith ofnarson MRae Sing BoWden. C,scr, worhinr
ton Parks wallace Elmonh u J." 4 r. G'on songs Carter
Cray, Miller Of g. Ncpon Mnero w. !, Nurtngiou Wade,
snfl NJ ~ Watts, VERIFY. Oliver EgVtop, Ct Rolling Ben
oi ram"n pcy napiel 81 w. Burw'n Moore ~ H., White Of
Hoetbfdge Coote Cowpn, Kane, Lakewood, Tate Cuchhrh
NorS-Mess. Iorcman ,speakcr) Mann BYRD q Bath Wi
an Tavcnner Stanton Meddh ok samuel Hancock.
soyan Ward Basei Davis n n. a. Halves jackson Marshall
Bnnks kdwen Mlnn Jgrf. Tan,ey Adar pyehe Taeu RICE
n"ale' Williams sPark Hrisuan. waucp, Iicnr-ts
Mr.; MnLtR, Of H., gave notice that Friday no
would coll up The b to extend the Jurisdiction Of Msgs
tracg.
RESOLUTIONS.
by VIZ. BLur, That this House will proceed. Jointly with
the Senate, Saturday, the iui II March ncNt the
election OF an Auditor Of Public Accounts, Second Aud.
tor Treasurer, Register Of Land Office, General Agent
and Superintendent of the Ponncnnry Tor year from
he expiration Of the for which the present ncumbents
elected amended by tho Senate az 10 include the
Secretary Of State and Librarisn.)
BY Mr.. SrovALt, That this House will meet on and
after the 4h Of March, aihc hour Of 10 O'clock for the re-
msinier Of tho sess On,
By Mr. IA'tNSUg, That the Committee Of Roads in.
quro into the eKpcdency OF providing by law that all re-
oeyos OF o' on informal Improvements belonging to the
state or ~ which the State has interest shall act under
os'h and that their reports be verified by afidayts And
tolls
BY Mr. DAvrs, Of H. 4 O., That the Committee Of
Courts inquire into the eSpedenoy ~ reducing The fensge
across the Maiaponi At Wakcfton.