Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-01-11
HOUSE OF DELEGATES.
IprSDAv I.Sr


TuEsDAy. JANUARY 10. 1872
The SrEAKrK laid before the House the following eor
niuncation:
To hs HOUSE Of Delegates.
GrSrIEnES-The enclosed IL a copy OF the uroc.e,ling,
Of Convention. which held ewisburr IN Angus,
last and which, in pursuance of ~ouiion Of that body
have now the honour lay beor. YOU for the
OF the General Assembly The widely felt snx.tes l,,
winch these proceedings spnng les than the grave con
alterations OF Constitutional requirement and po,,r, ms.
tee by which they supported will doubtless .cr, far
ihem without any recommendation Of mine your snrly and
careful deliberaion And whatever that l.libcr,on aa
result in Tor the present will lead hop. 80 h
tory and speedy relief Of the Constitution from H. .,pc
defects and ultimately unto the great geographical
uaiof OF the State in mode better 6ti.d Than ,he
existing one for the promotion Of their so snd
"J'. consistent with the unity Of their political rights
'"a'e me honour TO be, with great inspect,
Your most obcdient servant
n, JAS. MCDOWELL.
m mI. SMITH, OF H.. moved the following resolution
h Wv po'eSuihss oil the lewisburg Convention, pray
ing the passage oi Law To take the sense of the peon
upon the propriety OF calling Conyen,on 10 amend - r.,
the Constitution of the State together with the yorons me-
utons the subject and eo,nmuncn,ion Of ,h
Governor be referred to Select Committee. 10 he comna
cd OF members taken from the four grand division, of the
State. W "'o
The SPEAKER took time appoint the Committee
PETITIONS
by Mr. Bowden. Of citizens OF Williamsburg and lame.
City, for repeal OF the "lnspection Iawby MIR Edy,ns
ton, OF John Laughn and Samuel Gilman Commission.p~
OF the Revenue for the City OF Wheeling and Ohio County
Tor extra service under the resolution the Legislature OF
the 10Th February, 1912.
Mr. McRAE submitted the following:
whereas, the exgences of the Commonwealth b,v. II,
dnced this Legislature to propose borrow of the Banks
large sum OF money (and additional sums will nro0 b.
required) and thereby Withdraw considerable po,,;o,
OF the funds of the Banks the usual channel Of hnL
ing operahons and tins at time, when the unpnra
'eed depression OF public and private entcrpse the com,
munly stands IN great need OF banking aid And ,bcsc
institutions have cvinccd willingness TO aid the Comn,op
on which account as well as the regard due the
uisueod eondhon OF the People of this Conmonw
liberal and sustaining OF policy is due fpm The %
gisia'ure to the Banks, and through to the People
hesoired, therefore, That leave be given TO hiring in
Dill providing that any loan existing md made or
which may hereafter be made by any of the Banks Of hi.
State to the Commonwealth shall be Considered =. sn.;
so in Us TO authorize the Banks predicate their circa
non loans and discounts upon such or loans m sncci
a. wen us the actual specie in the vaults of the Banks du
mig the continuance Of such loans And TINT in ascertain
ing the proportion which the specie in the vaults of an.
au banks may at any time bear the circulation the said
loans 10 the Commonwealth be regarded as spece
Ind farther, TO provide that dupg the continuance, oe
he loan or loans from the Banks 10 the
should the exgences OF the Banks require it in order to
nan specie payments, the amount OF such loan or loans
sha oe payable ON demand OF the Bank or Banks IN which
hmay be due, IN specie, suspension of specie pavmcn
authorized by the Governor of this Commonwealth n, his
option. " Ms
Mr. McRAE said that the resolution in his estimation
was one OF importance and meed the deliberate consi
deauon OF the House and for that would expain
1t IN as few words possible before he submitted motion
with which he would conclude lay the table and print
The resolution proposed make the loan from the Banks
10 the Commonwealth basis OF oan discounts and circ,
aton for the that the people OF the
required banking aid the present moment beyond any
other period OF time in history IL is admitted thar
degree OF distress prevails of unprecedented degree and
yet we are about 10 withdraw about half million of The
funds OF the bank from the aid of individuals in order TO
sustain the Commonwealth in her necessitors condition.
Mr. McRAE felt much disposed any one To relieve
the Commonwealth but he thought there ought to be some
regard paid To individually who in the aggregate constitute.
the Community Pass the resolution aud the banks would
be strengthened by the addition Il that which woud be .on
vaen TO placing half million Of specie the vaults Of the
vi tf md
and thereby enabling the banks add to the circulation
something like million, and the loan and discounts in
the same proportions and this with safety as the OBJ
gauon OF the commonwealth TO refund the loan in specie
required by the of the banks would give this loan
all The sohdiy OF specie basis.
| MIR. McRAE said that the Commonwealth WINS under oh
gauon To do is, she herself assistance
from the banks, which, without Legislation similar TO
is VIII nepress the community IN the proportion
| leVes the Commonwealth
Mr. MGR. further said he did desire to discuss the
general principle involved in the proposition upon the pre-
he would orbear pursuing subject further
and moved To lay the resolution the table and print it,
Mr. RANDOLPH objected to the printing, until il could be
asceraned whether the Banks would accept the boon pro-
posed lie believed they would nsand the only effect of
the resolution would be throw dst upon the credit of
the Banks Their circulation far within the limits
allowed 10y the aw-and they would extend con-
siderauon OF ue privileges proposed by his resolution
Mr.. MoRAE conceived the objection to printing unpeee
dened and he asked it at the courtesy and justice
House.
Mr.. BRowN, Of p. would object to the pinting-but
he would take the earliest opportunity defeat the resou.
ton.
Mr.. TAIIAFERRo moved the indefinite postponement of
the resolution. lie commended do good-whe
will tend inure the credit Of the commonwealth The
credit Of the State rising he said and under the one
ration OF the ample provision obgatons-which
the Legislature proposes make will continue rise.
But the adoption OF resolution of this kind will have
tendency TO throw suspicion the Banks and the State
and he entered his protest against it.
Mr.. McRAE rose 10 reply to Mr.. Taliaieno, when Mr.
Martin caediO the orders OF the day-whch the Speak
or ruled TO take precedence
Mr.. McRAE appealed from the decision of the Speaker;
but after few remarks he withdrew his appeal
| Memorial Of Martin p. Brooke
The resolution OF Mr. Taaiero, with the substitute
| Mr.. Powell was then taken up.
a long debate followed in which Mcssrs. Byrd Stroher
Brooke and Hopkins participated.
Mr. STRoTmR in concluding moved the following
amendment To Mr.. Powel's substitute:
Insert in the last line after the word "ehdyGofsr" In
the taking of which testimony the Committee shall permit
said John Scott appear before them and examine
but any evidence that may Ice offered"
Mr. HoPKINS gave notice that Of the rejection of
the propositions before the House he would offer this
THAT this House will, the 23d day Of the present
month, resolve itself into Committee Of the Whole
take into consideration the memorial Of NJ. Y. Brooke
peieng charges against the Hon. John Scott and
that the Speaker Of this House be delivered
practicable, TO both the said Brooke and the said
Scott copy Of this resolution, and the said Brooke il
hereby authorized apply for subpoHas be signed by
the Speaker onbehaf Of this House. the attendance
of such Witnesses he desire, sustain before the
said Committee of the Whole the charges made in his me-
mortal against the said John Scott"
As was half past O'clock and Mr.. Anderson wished
tospcnk, Mr.. Irving moved an ndjournmcn-which
lost.
Mr. GAGLAHER moved lay the resolutions on the table
Mr.. DANIEL and Mr.. ANDERSON appealed to the House
90 take hasy in of much consequence
and on motion Of MIR. ANDERsoS,
I The House adjourned
Death Of Governor MasoH.-The sudden and unexpect
ed death Of STEVENS THoMrsoN MASON, Of this city, late
Governor Of the Of Michigan is affecting
Tence-cut down. he was, while in the morning OF