Daily Richmond times. [volume] (Richmond, Va.) 1849-1850, 1850-01-08
VIRGINIA LEGISLATURE
HOUSE OF DELEGATES.

IN
sales Of convict slaves from 1885 to lS49 incIusiyead
on the table and ordered to be printed
Also. communication from the Superintendent Of
Public Buildings, which was laid on the table
REPORTS.
- The committees reported bills, divorcing Amelia H.
Beard from her husband, John H.; concerning Marqa-
ret FLEECE OF Morgan county, to amend the town char
ter OF Carksburg in Harrson prevent the taking the
dispositions OF slaves, free negroes and mulaoes: to in
corporate the Academy ofthe Visitation in Obi, county;
to incorporate the Wheeling Hospital authorize Ed
mund tufiln Jr., to construct wharf on James River
IN Prince Georges concerning John Tyree, deputy She
rift OF Nicholas county; concerning Edward Henderson,
OF Marion county; releasing to George Miller fine
imposed upon him by the Superior Court of Morgan: TO
appoint an Agricultural Chemist and Mneraogist Tor
the State to incorporate the Wiliamsport Manuactu-
ring Company; to provide for the inspection of Guano
and Plaster OF Paris IN Richmond and Petersburg.
PUBLIC PRINTER.
On motion of Mr.. CONWAY, it was
Resolued, That the House will proceed by Joint vote
with the Senate, on Wednesday next to the election of
Public Printer.
RESOLUTION INQUIRY ADOPTED
Mr. SuTrLE-incorporatng the Stone and Manufac-
turing Company.
Mr.; BuRwELL presented communication from the
Board OF Directors Of the Penentiary, asking an in
crease OF the salary of Clerk of the said nstituon-r
tered to the committee OF Finance
SMALL. NOTES.
Mr.. HARvIE, from the committee on Banks presented
a report declaring 1t inexpedient to authorize the
Banks OF the State to issue notes of less denomination
than five dollars.
Mr.. CARROLL moved that the report be taken un
long discussion OF the policy of small note crcu-
lation ensued.
Mr.. HARvIE, with his usual warmth sustained the ra
port against small notes.
Mr.. FERGUSON took the same SIDE and in the course
OF his remarks, affirmed that the present law against
small notes carried into effect in his countv and
MIR. MORRIS, of Cabel and Wayne, said he was not
his own man on this subject. He was bound to serve
t his people, who were all for the of small notes.
They inhabited the valley of the Ohio and traded with
the Western States and driven to use these notes
Ii Mr MI. could get over it any terms he was the
last man to advocate them TWAS not the wealthy only
who wanted small notes; but the poor also who were
Obliged to take them for their wood their potatoes &c
lie Knew as much about the wants OF his people as any
man and ne hoped law would be passed. authorizing
the banks to issue small notes.
MIR. BURwELL thought the circulation of small notes
an evil, but it was which could not be avoided He
was in favor of prohibiting the banks from enlargng
their circulation by issuing them and gave notice of an
amendment for that object. He compared the small note
currency to the small pox which only to be avert
ed by submitting to the less evil OF vaccination. The
people Obliged use small notes and it shoud he
the policy of the Legislature substitute our own issues
for those OF other States. The merchants he said,
would not be much benefited by these notes as the
poor man. Every merchant had his BcknelPs Reporter
and could, in a moment tell the value of any note
MIR. CONWAY gave notice OF amendment recurring
the banks to redeem notes OF larger denomination than
S. well those of less at all their counters He stated
that the notes OF the mother banks in Richmond were
at premium OF one fourth per cent on the notes of
the branch banks By refusing to cash the notes of the
branches he contended the banks had created the ne
cesssty for malnotes and he proposed to strike at the
root OF the evil.
Mr.. SyME asked how the Legislature could impose
this condition upon the banks when thew were asking
nothing at its hands?
Mr.. CONWAY said his not an independent propo-
son, and the Legislature could very properly prescribe
condition to any privilege which chose to offer the
banks ~
Mr.. BURwELL said it might answer to compel the
banks to redeem their notes at all their own counters if
they were independent Institutions; but would be i'm
possible Tor banks In exposed situations, like the larger
towns, to meet the runs that would be made upon them
with the notes OF the branches The present practice of
the banks he argued, was inseparabe from the system
OF branches. mr.. b made some humorous remarks
on the terrors OF brokers with their carpet bags North
ern men with Southern money, coming down upon a
bank provided with means to only its own crcu-
laon but compelled to pay the notes OF all its branches
The motion to take up and consider the report was
adopted.
Mr.. CARROLL moved to amend the resolution reported
by the committee, by, striking out the word "inerpe-
daent" and inserting the word "ezpedsent"
Mr. CONWAY, to present test, moved to postpone in
definitely the resolution and amendment which mo-
| ton was rejected, ayes 46, noes 65
Inc question recurrred on MIR. CAROLS amendment
and it was adopted, ayes 60, noes AZ, as follows:
AYEs-Messrs, Watson, Carter, Snowden, Sheffey,
Mitchell Burwel, Hammond, Forbes, Morris Of c. r
and w Clarke OF G., Lacy, Cardwell Page Clarke of
E,, Hume, Tebbs Guerrant, Stllman, Claiborne, Pen
dleton, Massie Carroll Price, Wickham, Weton' Lam
caster cast Morris of H. Duke WoTthngon Patrick Wal
Hicks, Smith, Duckwa Kby, Perrow Stubs, Hen
derson, Wheate, Robertson, Syme, Neal, Wheeler,
Mayo, Dorman, Patterson, Herman, CULLEN, Campbell,
GT 5s Suite tt J0hnsop West Jacobs Dunn Brown Of
NoEs1Mes'rs Hopkins, Speaker) Layne, Harve,
Gibson, Flood, Brown of B. and H., Grantham Gil
% nns genne R,, Wells Power Lewis Of B. Buckne
Howser, Ferguson, Harris, Stokes, Newman, Kidwei'
Williams ct NJ Warman, Berne, Campbell, Pannill,
| Boswell, Hiner, Cackley, Wootton Rives Harrison
Hall, Cook OF H., Yancey, Pitman, Haas, Conway.
and George-47.
Mr.. CONWAY offered to amend by nstructing the
COMMITTEE on Banks, IN reporting BILL insert pro-
vision placing notes OF larger denomination than SIS on
the same footing in all respects, notes OF less amount
tie stated his obectto be to compel the banks to redeem
| the notes OF then branches at all their offices
Mr.. SYME called upon the friends of small notes To
vote down the amendment, the banks would moi ac-
| cept ths measure if this condition were imposed
Mr.. PATRICK made similar appeal, and said the
banks were not here making this application it came
from the people. A similar proposition was adopted
some years ago, and the banks declined issue small
notes under it.
Mr. CLAIBORNE thought the amendment was clearly
trap to catch gentlemen who believed that their con-
stltuents wanted small He said the voice of the
people, year after year demanded this measure through
their representatives in this branch of the Legislature
Mr. CONWAY emphatically disclamed the charge of
"uap."l
Mr. CARROLL also thought the amendment would kill
the measure 1t was well known that the banks wouldn't
issue small notes with such condition.
The amendment offered by Mr.. Conway was reject
ed-ayes 81, noes 81. THE vote was the same with
the last the ayes and noes being reversed save that
Messrs. IEBBs, PENDLE TON, HENDERSON, CULLEN and
SUBTLE, who voted for Mr.. CARRoLL's amendment.
voted also for Mr.: CoNwAYs, and Mr. WALLACE did
not vote at ALL The resolution OF the Committee, as
amended, on the motion of Mr.. CARROLL, was then
adopted without division.
Mr.. PATRICK moved to adjourn, but withdrew the
motion at the instance Of Mr.. STovALI who moved
to take up bill No. 1863, providing for the payment ofh
per cent debt OF the Commonwealth. He said the
holders were here and the money in the Treasury
The House refused to take up, and on motion of Mr.
PANNILL, adjourned at quarter past three
HE EXTENT OF OUR CoUNTRY.--It has been compu-
ted that the United States have frontier line of 10 $50