Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1849-07-24

~ y, ,ou seuiu scarcely gel jury 10 enioiG
| it-sha'l we Continue j
| Me THOMSON Of said. Onnosed. as an
Mr. Speaker, 10 The whole bill of The Reyisors 10
the rivising commune, abolishing The pepall
upon usory, and legalizine 8 per ceht, by COZ
tract, upon loans oi money, could have no OF
lection 10 The proposition Of the member fror
Spoisylvania TO slrike out the 5,h section, which
10 TACT raises interest 10 8 per cent. look, how
ever, 10 the whole bill, and the defeat OF the Who'll
Dill, and submit 10 those who are opposed 10 usu
ry 10 all Is forms, whether il is wise, nv suffer
ing The removal OF the LIST section, which stink
IN The noslrls OF every one, and Tor which no on
can be found TO vote, 10 give strength 10 the re
mander Of the bill, which abolishes the psnalf
upon usnry. II This would be the tffscl Of III
gen'leman's proposition, l would regard him a
coming 10 The rescue OF The usurers, and wou!
leave tina, most obnoxious section in The bill L
jeet u; Tor with that section, il would be dos
that 90 stomach in this house could swallow W.
all know. merely throw oul these remarks
however, by way Ct suggestion, for know I'M
section IS SO odious 10 the house, that il Would o.
unwilling, even Tor the ulerior purpose OF de'eat
ing the whole bill, 10 be found, for moment
, giving an apparent sapciion 10 il.
suspect The motive and object Of The Inembs
FROM Sputsylvania, from The FACT, that he bes
tuws high praise upon The argument OF the Revi
sors annexed in mole accompanying heir la W
lie is assured, be tells US that il The members O
this hou.e have atientively Trai their argument
they mus, be convinced by il. For one, sir,
have read their argument carefully, and wi,hou
The abaement-I viii no, say OF my opposition
bu: Of one jot or title Of my hatred and delesra
lion Of their law. II is law in favor Of a ya,;
OF the capital oil socie'y-ot money over all olnel
capital and labor It is law in favor oil an in
siu 6ro, ovfo IF he n;to ~
Immensely prepondetaio mass Of other capital
and when thai tnsisnifeant part OF capital ha.
already been endowed with immense advana
ges. WHAT'S money, compared il value with
houses lands and all other goods and vslusblesi
Not more Than the Both part OF such ca.
piIsl-if that. i has been endowed by the
will Of society With the power OF exchang-
ing The entire mass, and has, moreover,
been made the medium Tor the discharge Of debts
These, surely, are tmMense and Pc u ar advan
lagos over all other property, over all other pro
auctions OF ia6or-that might satisfy any one
A hundred dollars, in money, will discharge a
debt OF that amount but, no other pro ery
tqual in value 10 one hundred dollars will dis
charge the same debt A owee . hundred dol.
lars, and, thai much of bis lcIor in tina, parlicu-
lar fern nsoney-pays the debt and relieves him,
it may be- from prison. B owes hundred dol.
lars, Gu, his ia6or Is not in that particular form
money-and properly 10 The amount OF Two
hundred dollars may be sacrificed and he may
be forced 10 prison. Why is this sol Society,
Tor specific purpote has SO wilIed il, and has
thus gwen an Immense advantage 10 money, that
no ether product Of lasor possesses. Il is mol
right 10 confer still greater advantages upon
this Tevo7ed article, bat society has The right 10
limil> and con6ne it TO tn specific qurp7ss for
which il was thus favored-to Wit, ii 10 ex-
changing medium. Blu, forbear 10 go further
into this argument at this time. Whenever the
question OF lhe existing forfeiture and penalty on
usury shall come up, hold myself ready TO
maintain, that 1t, effects upon property aud labor
are as bad as counlerfei!ias, forgery, and theft,
and TIA, auy penalty or punishment that
OF The penileniary be just, that might
be necessary to secure an observance OF the
law.
Combining mr. remarks, then, for tee present.
TO this Eth section, which would lecalz. 8 per
cent, would call The attention OF The House TO
one OF It's effects, that must stamp il with the re.
probation of every ref cling and honest man.
Ii is lhs--,hat It's operation in the very begin
ming involves the sitting and chang ng OF the
ptole debt OF The people OF Tho Sla,e. The
whole mass OF debl-secured by bond, bi |, noie,
mortgage or trust, will b. Instantly called in, tor
=. Very beautiful operation OF iapsstmen, al the
new and legal rate OF 8 per cent! Yes, the mo
ney mongers wi "slrise 81 once fos higher wa.
scs." aId their poor debtors must 'daaee up 10
tho music" or have The ''sc.ews put 10 them. "
What tie consequences will be are too
obvious 10 need comment Your court dockels
will warm with suits, and The country will b.
harassed with trust Sales the foreclosure OF
mortgages, and sacrifices and distress, that would
maize The heart oil an usurer ache, it he had a
heart! But he has no heart-nolhins but great
big black mass or 10 the lang uase Ut Shakespear,
"gns and midrf," where heart ought to be
Indeed, know not whether could image usu-
rer's heart in any materials; for some one dIs,
cribing the monster and his den, has left lbe con
siiluenl. Of lha; organ entirely IN doubt, when be
said;
"Iron was his chest, Iron was his doore-
His hand was iron, and his heart was moore !"
God deliver our Constituents IRON such an ogre
and such a section! The cholera is small mat
ter TO them. Clerks. Sheriff, Lawyers. Consia
blcs and shavsrs would gorge like carrion crows
upon their carcasses; or, like The lean dogs tina
one Of Byron's heroes saw stripping the fest
from The dead and dying under the walls OF the be
leaguered city.
s.Alph saw tho lean dogs beneath the wall,
Hold DER the dead their carnival
Gorging and growing DER carca 8 and limb,
They were 100 Du5y 10 carr al Eims
And just SO busy will ibis whole array, aDt
gang of wolf h money-mopgers and shavers b.
if The 5lh section should be adopted. But il vii
no, be adopted There is no man in This hous
who can vote for such section and 60 home an
face hi, constituents. Il will be secuted iron
these walls
LANEof Lee said that It was declared i
The House, cabins, &c, lha, The members ha
made up their minds how TO Vote on the sntjec
and he therefore called The previous question
which was sustained.
Mr. CONWAY called the aye, and noes o
| his motion 10 STRIFE out, which was agreed to-
! ayes 81, noes none
| Mr. SCOTT moved TO amend section IA, G
chapter 1872. ON fiiuciaries so as 10 require an
| commissioner who has tur settlement the &C
counts OF a personal representative OF deceden
on the application OF "such representative OF
receiving proof OF debs, &c. Agreed 10.
On motion oil Mr. THOMAS, the i7:h sectio
OF the same cnapter was amended 30 as to al
,horz. a commissioner, in taking an account,
examine The parties Interested on oath, and ca
for documents and papers. &c.
On motion Of Mr. SHEFFEY, section of II
same Chapter was verbally amended, so as 10 n
move an ambiguity.
Mr. TONNES moved 10 amend The same Sc
ton, so that trustee shall, only "when require
by party interested" lay statement OF none
received before a commissioner. 10 erei
many cases these accounts are settled ON u
spot, in the presence OF all the parties; and Il
people should no, be hus taxed unnecessarily.
MIR WILLS would not object 10 The provision
il il applied TO ordinary deeds Of trast designed
secure CREDITORS. But, waere deed OF trust
made for the benefit OF a wife and children, NJ
w. thought ii must important lha, The accoun
should be regularly rendered. Evil would gro
ont Of contrary practice
Mr. FAULKNER said there was much fore
in The views Of the gentleman from Campbell,
bu, there was another class of trustees appointe
10 carry out The provisions CT Wills These tru
ices should be required to give bond and securi
for faithful performance of their trusts, and
make regular settlements. This case should
provided Tor.
Mr. TONNES assen,ed to the suggestions
the two gentlemen, and should cheertuily vote I
such provision. 10 the case OF trust deeds f
the payment OF debts, he thought Tue unnecess
nv tax should be done away with.
Mr. WHITE. The helplessness Of the b