The Austin Papers, Vol. 1 Pt. 1

290

Al\:IERICAN HISTORICAL ASSOCIATION.

Sec. 14. Be it further enacted, That nothing in this act contained shall extend to any company incorporated by a law of this Territory, who may be authorized by their charter to loan money or otherwise to act as a bank, so long as the charter of such company shall be and remain in full force- Sec. 15. And be it further enacted, That this act shall commence and be in force from and after the close of the present session of this legislature: Provided however, that time shall be allowed to all such private companies and associations now existing, till the first day of July in the year of our Lord one thousand eight hundred and seven- teen for the sole an.cl only purpose of selling and closing their business and accounts: nnd provided also, That the penalties and forfeitures herein enacted in the fourth and ninth sections of this act against persons offering in payment the bond, note, bill or contract of such bank, company or association, or bringing suit upon such bond, note, bill or contract, shall be suspended until the said first day of July one thousand eight hundred and seventeen. (1s11-1s1s n To the honorable The Senate and House of Representatives of the United States of America in Congress Assembled the memorial of the Legislature of the Territory of Missouri respectfully sheweth that having seen with much satisfaction the disposition manifested by Congress to foster and promote domestic manufactures by ex- tending to them that liberal encouragement which arises from the protecting duties imposed in their favor on foreign importations, and hoping that the Same policy which induced the adoption of that System will opperate to extend its advantages to many usefull branches of Manufactures not at present embraced by it, they beg leave to call the attention of Congress to the propriety and utility of promoting the manufacture of crude Lead at the several Lead Mines in the United States, by laying an additional duty on the im- portation of that article- _ 8, MEMORIAL TO CONGRESS 1 perhaps no Country in the world abounds with more numerous and productive Lead Mines than the United States, which if properly wrought it is believed would yeald a Sufficient Supply for home consumption, and afford a considerable Surplus for exportation thereby retaining in the Country the Capital which is nt present sent abroad for that article and indeed have a tendency to convert the immence balance ·which is now against the United States and in favour of those Countries whence their supplies of Lead are drawn into a rapid accumulation of the internal wealth of the Country.

• Stephen F. .Austin's wr1t1n,.

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