Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1852-04-30
,rusrKS CT MR.. ROBINSON Or RlCflMOAi
c..a, LInnA. III He ii.nSc u DslrgAit


REMARKS CT MR.. ROBINSON or RICHMOND
CITY. on NE Coupon Bonds III tae i!'ase o DtfRh'sS
Iuru H. lS5I. a., ,r>,r;rc
On motion Of Mr.. Honlsso* of Richmond Inc i"'"'"E
,-c,,;h;r and res0ia;ous were taken up:
,,,i,.rs u Finance having reported 10 the House
f Delegates ,hrt IN the llih Of April, lSa ic Eoau 3
,ub!c H.rss contracted :'iih Stlicn, Nin.'s I" ". %
@nte bankers The city c Washington ''iat shef h'g
nose of ne buns Of the Commonwealth u .ie a'ou. VI
M. million of d1isra 1T pa'; ana a'so thc "'''e'
hr,c millions Of dollars ,wo per cent above Pn'' "'
n.h have as compensation for ncGnt1li'a ~" S'' a
rrIri,r as Ike bonds woui conl'nt ab'Se li'cs: as
nd h committee further sa;tag that h2% do n1s le
~ 49, ~ ,arrrv was csaclci Sriirr, W:;cfs c; I"''
~ r i,(u execution Of their part nt the ennf"c! ~ He
counting Tor II, money which may be receive" y ''''
Kcsoiycd Inasmuch as chapter 81 OF thc Code Pre-
ci3cs that when money s received from t't o,wd
where Than al hc pnoic treasury i s:'''t ~. ., St,,r.
.y lLruun, Ii" banks Incorporated ~ NJ 49,, :,
nd ina s:urh as this ,rnysrn i not feieaica ~ 'I
Marc 90 1851. au;r!A:ng nc iasne .! coupon
~ t ,,r,ry is y:, cd in full force IS 10 Tie cei
W ',"I ,sr said ,c b, .a pat il which taaRes s!'u
~ .a,e when tyu.ie clse where lnon al iilc
;hc sla,c subject s:-.i Of The provisions "i e @ - j.
Lon,r, - relate =, the borrowing of money IN 1u"!,
.,!t raj ia SO been !av fu inr lhc Board "i fuohc
:, Iow SciIcn, Withefs 6 Co.. 20 &c! as ast' - t"d
S,ae in receiving :noLcy rom the lea1tS, .' ,u,s.
~.o err,r 10 account fr The SAID money AHA ''e ; r
f Itr hoard is sill css be Justified II tiefc DC ~
! committee Of F;narcc hayin. recommended lnat al
L.T,ar 10 be effected no; embraced in this contract
n be effected after reasonable n"ticc aid nn"es eIu W.
stances Of fair and free competition a'''s ''"1'
pliaiIs:s: 49,; ,ro,.o o,,rorcs the said rccon-
:! 2 Resolved, mat lhis louse 'Pp'o''S ~
mtntai!on. ;,,, s r;,,.cc rrcU;rr
tc.h.; il wos n>ah, prefer in ile h"aEi 81 "" -
nt= 80 da;rive the State OF wha the h"!:S tihor"tu "
ii contract would have produced, if sold win scn NJ
,rc and after such copeltcE that they report Is M
.sy c,r how unny thousand dollars Tie coh'4=s"''
nrsd ,c Scilrn Wihcrs 4 Co, will amount 10, am
nor IN. "a ne is not than should nave ott 81
inweI them as reasonable compensation io' inc s''e'
D they were 70 fs!ia'Li. ...o,,I -. ,,ron,e
'ro C,,ni;tt. .: Finance having suggrslra the P'"Pe
~ IS nourrg nto the praeiicahii;y oi cecling some NJ
l6rori,n ii The ia cetiic rafcuars 70 MAJ.
n,a s,f ari consistent with the interest "t the oo'
: Resolved That the said committee enquire ana re
,o 10 ,hs House what modification oI the sa!a cn'a
is advisable to rake and what course under all me ga
rms,nnce. the Gcncral ASSEMBLY should take IN rega'"
,lr Rcn,SsoS sad, the Co!rmtiee OF Finance haa
heir rcpr treasht 10 Tho consideration ri me S
,nts in relation to 4 contract with SslAen Hithefs " h
- SSch facs ere confirmed by communication iro. ~
n poord Of Public Works: containing cory OF '.c ~ hc
nJ or The proceedings of the Board Upon the ihC u
: ,hns onnenr are based the resolutions before tnc
rond give an outline OF the SO far as II s ~"
e. oped. 800 ,, =. po.a os puhIc Works in c
r.c,np loans not exceed in case hVe per ce'A J