Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-02-02
IIIEI.AND3N Nd.


TIE LAND FUND
Mr. Garueu odemd Tho following resolution.
L,solfed by he Genera .IsseiaJlt That the l'rcas.
er Of this Commonv ea be- and be is hereby suthati
ed. oi tho Treasurer al the United States the
sum Of 81 geu Is cts, the dlsbuiailc portion If lr
gins afisug from the sales Of ilr public lands Cor the
wear le12 under the provisions q Of Congress
"a Appropriate The pfoeoeJs Of the sales Of the public
lands and 10 grant presumption rights. approved Srpem
Der the 18th, 1911; aud when reeeyedi shall efhe
duty Of the said Treasurer To place the tho ea
.nry To- the credit OF thr Commonwealth
\ motlon madeby M. Gau,a, that The said res
olnnhe lad upon The table and made the order Of The
dsy Tor Monday the 9th of February next
On moiion Of Mr.. fdmnhds II Halifax tie question
divided, and being pui hr,t upon laying The same
upon the talle, was determined II the affirmative The
question REQUIRED upon making the subject the order Of
the day for Monday tbr 9Th February
Mr.. Wood demanded tie previous question. " hi-h
was sustained By tie House, and icing put upon fixing
The sald period Tor the oldcr Of the day it deomin
ed IN tn negative
The Speaker laid before the House letter from A
llourr. asking the Speaker To- lay heilre the Finance
committee a resolution usrucdug said committee to in
qdro into the cNpedeney ii laying iay marriage IL
censcs Of Three dollars and the clerks Il the respective
courts be authorised Ia COLLECT The aud pay over into
lhe Treasury Two daais ont Of c money 81 collected on
each license. tn sid IN the increase Il The public reyc
uue. Laid on the table.
SMALL NOTE BILL
On motiunuf Mr. Edmunds. the "act rNtending the
PROVISIONS thc act authorizing the Banks 10 ISSUE small
NOTES, returned from the Senate with AN amendment,
WAS taken up.
Mr.. Martin moved its indefinite poslponcmcut and
called the previous question, which was sustained
ayes 46, noes Is.
The motion lor the indefinite p,sip1nement vas neg
allyed.
The question was lhcn upon the Senate's amend
ment, which wasa substitute 9r the bill, authorizing
the banks 10 issue one and two dollar notes 10 the a
per Upon heir respective eapifais until
the ST oil Oelober Iuslcld Il jan lslI as IN the bill
ufp nall y-fequlfng tie same 10 be redeemed by HE
Bu 3ss and Mother Banks alike, no matter where u.s.
sufd-aud imposing certain penalties lor The failure tore
derm 80.
Mr.. " llliams proposed the following amendment to
the amendment u The Semitic
".iad liz IWfbcr caGefed, That il sha NOT be- law.
fl Ton any The Baubs o this Commonwealth, accep
ting the provisions Of his act exchange The notes
henuy authorized to be issued n-issued with any
other Bank Branch, with a view To circulate said
NOTES Al different pom, than at The place where paya-
hie-and thai any Bank ct BH,0rh ~ exchanging sand
nolrs, with HE paroae aioffs sand. ba ercupan forfeit
the privileges secured 10 tbrm u, the provision OF ths
act Proridfd. however that Tins act shall moi be cot
stntd 10 prevent the SAID Bank, on Branches from pay
ne oui any oi sad small NUTS regular BUSINESS nan
saftIrns.'
The question was put and tho amendment negatiyod
without division.
Mir Norlhiosoo called the previous question on a
gfecHe the amendment ol The Scnate
Nj Tdmuuds, II. he. ecd HAT the motion be with
dn"n as he had an amendment hch he desired to Of
Ter and Nr. Warrington yielded Ia the request
MI i.dmunds then offered the following amend
men.
"Proride3, The entire amount atany lime in circua
ton ISSUED ander HIS act Ct any preceding law, auho
rising thcDs5ur OF notes under tie denomination Of five
dollars shall al 10 ume exceed six per ca the cap.
tai stock ofsach Bank
ilr Fdnuuds argued that uaee, TIL. amendment was
adopted The Banks might put tlih new ISSUE Il nder
- - now rcGang, q 81 pcr cent upon thclr capitals
in addition 10 Tie am2Qul Row IN circulation under 10
law of last year. which authorised the issue osX per Ct
until the Isl ofJanuary that thus tue Banks might
have tfflre per Ct IN circulation instead Of beng limi
ted to SIX per Ct On their capital designed by the Lee
glslatnre.
Mrs.s Anderson and Worhucton differed with Mr..
Edmunds as 10 hs construction ol the law; so did Mr.
talcG utfhtlr man objection To the amendment was To
sending the bill back Ia the Senate
Mr.. W illmms supported the amendment and concur
ed in the views Of Mn MISUNDERSTANDING strenuous
" 10 giving the Banks privilege 10 ssnc eleven or
twelve Per cent, upon Their capitals in small notes
Mi Taylor expressed hls preference for the original
bill. bat would iake the b with the amendment rather
than suffer the bill Ia 90 back to the Senate
Ar Edmnuds' amendment rejected, 81 to 81.
MI ilams moved 10 amend by restricting 10 one
per ct.-uegallyed without division.
The discussion renewed npan the question Of A
errclng with the Senac's amendment Nlessrs Ed
mnnds iiolleman. Nans. and iavenner argued a
ganst the amendment he Seuac as admitting the is.
sur OF an amount of small mites much beyond that in
tended
Messrs Worhreion and Anderson differed with
these gentlemen IN their construction OF the law and rep
resented the Importance OF the bill the benefits il would
afford 10 the public, aud deprecated lis return to the Sen
ate
Mr. Watts proposed to test the sincerity of gentlemen