Winchester gazette. [volume] (Winchester, Va.) 18??-1826, 1822-03-02

a. ~ 3, 6 ~ ~ s, -
sialss, might be expsdient 10 do.spe-
rate VIZ Kentucky inccnssituiing The
board ~ commissicuers here PROPOSED.
But dielaimins all disposition TO In
terpos hetween the Legislative power
of Re cky and her own citizens. and
consid ing, SO far as the occupying
claim At acts alone are concerned, the
judicial tribunals fully competent TO
protect the rights Of the citizens Of
Virginia, claiming lands in Kentucky,
and claiming for them The guarantee Of
the compact (; the General Assembly
can have no adequate motive to ask The
repeal of these acts. They cannot then
perceive the propriety OF constituting
the proposed board Of commissioners !;
for 1T the expression Of legislative o.
pinions could not influence the judicial
Interpretation of the compact, neither
could the opinion of the commissioners
intidence that Interpretations; nor could
the rights ofindividuals, in the opinion
OF the General Assembly, be more at.
feeted 10y the decision Of the board of
commissioners, than by the opinion Of
the legislature. IT, however, the re-
peal oil these acts were sought, the linn
tied powers of the board proposed
would constitute an insuperabie ohjec
ton to its Formation. iii were organ.
ized, every subject of difference in re.
ialiou to the compact between the two
states ought to be submitted to it, aud
especially The claims Of the ciIizen. of
Virginia tn The lands lying within the
limits CT Kentucky, and set apart for
the officers and soldiers of the revoln.
uon. Desirous, as the General Asrem-
MY must ever be, TO preserve the har-
mony which has so happily existed be.
tweeB the two states, and at all times
willing to refer TO the impartial tribu.
nal provided for by the compact every
subject of complaint and difference Of
Opinion contemplated by it, which may
at any time uahappity occur; yet act
ing under the impression, that the con-
shtuuon of a board of commissioners
Tor the purpose Of considering the occu-
plying claimant acts alone, would be
wholly unavaiting, and that Kentucky
has not authorised its appointment for
any other objects, they deem it their
duty also to decline this proposition.
Itssoired therefore. as the opinion of
the General assembly That it is mex
pedient to aecede to The second propo.
siticn submitted to them by Henry Clay
and George NJ. Bibb, Esquires, Con-
missioners on the part Of the stale of
kentucky. Februa go
INTERNAL IMPROVEMENT.
An interesting report of the Committee of
Roads and Internal Navigation was taken up,
on Mr.. Lovel's motion, and read as follows:
The Committee OF Rods and Internal Navl.
CATION, TO whom wes referred the annual re-
port of the Board4of Public Works, have, ac-
cording to order had the same under their
consideration, and respectfully submit the fol-
lowing. report:
YHT committee perceive with much gratiti-
cation. that the gradual increase of the fund
tor Internal improvement, since the period OF
its organization, down 10 the present time, has
justified the most sanguine expectations OF
the Legislature; and they believe that this
fund, founded in wisdom, and justified by Elk.
perience, will be sufficient within few yesrs
under correct management, to the accom-.
pi'shment OF every desirable object of improve
ment within the commonwealth. But whist
they present this fiattering account OF tina, in.
stltutIon 10 the Legislature, they respectfully
ask its attention 10 the fact, that nearly tue
whole, or perhaps the whole of the revenue OF
thai fund is derived from the stocks held by
the fund al The time OF its creation, and li,,le
has accrued to it from the stocks which have
been subscribed for ard purchased cut of the
annual revenue. Your committee believe that
those stocks have been rendered Improbable,
prIucipaHy by the operation of that part of the
tzh section of the act creating tuHd TOR in
ternsi Improvement, which prescrbes Shat
the dividends on the stock which may be SUBJ
scribed by the president and directors of the
Board of Public Works, shall! 20 exclusively
to, other subscribers than The commonwealth,
oTtJi such portion of the stock of those sub
schbers shall have been actually pad IN,
shall have netted TO them six per cent. per
annum from the specified time Of such pay
rneni." This sectionrof the act, whilst il holds
out bride to speculation ana avarice, to en-
gage in undertakings not profitable to the
commonwealth, must operate in sll time as q
perpetual barrier 90 such an increase cf the
fund as ought reasonably to be expected In
dydusls who are about to embark in any
work Of public improvement, in calculating
upon its probable profits, will have regard
only TO the three ffths held BY themselves, and
IT the revenue TO be derived from The whole
stock including the Two fifhs usually subscri.
bed tor by the state, is thought 10 be sufficient
Tor the payment of a reasonable interest upnn
the other three ffths, the project will general
ly be undertaken WITHOUT any regard In the
interests of the commonwealth. which will of
ten be left without one dollar OF accruing in,e.
rest upon her cspiI interested.
Under the present law for the improve.
meni IF the James and Kanswba rivers. and
for uniting the Eastern and Western waters
the James River Company are required IN
apply their surplus funds, together with tina,
mari Of the fund for intarnal