The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1825-01-25
Niv1in,a he.isla,urc.
HOUSE OF DELEGATES.

rom her husband \ D. Itaant, aud thai
they II al ag,erJ 10 the fesaIaiioa Tor pro
rtrding by I.iai ballot nn Thursday the
18th io the rleeiion of a Principal Agent oi
lh. Penleplisry.
Mr.. Pdileson offered The fpllnv ing pre-
| intle aud fe-nia'ion, vs. hirll, on hi- mptinn,
~ ibid az the Ltiie, aud on Ar. Drom
sa"l.s m0tlnU, Bas ordered 10 he prlnt
cd
TIL. Finance Committee reports the 10
tai anionnt al available fiInd- uf ,he Com
nianreallh for the present 6-eal year. tn BIZ
Ss53,sl5 CD, aud The expenditures for The
safne pefiod, they suppose IL Lr s156,eo6
! VI, witch leaves an excess Of receipts be
You'd the expenditures, of Sli6,3G6 - !;
this shp l. subject To appropriation by tie
pressed G"n"riI Assembly, aud til" great
est part ollt IS NOV actually IN the I'fedsu
~
Of the public debt, the committee says,
II consists Of an una4eFrfainrd amount al
Old per reut. certificates" Is ich they sui,
pos" h. be dboh ~, 900 dollars, and $40 600
I dollars of per cent. debt held by the Pre-
sdeni and Directors OF the Literary Fund !;
The termtf They advise tn be- called IN. and
! heir advice has bten executed la pHS, by
The passage of bin by this House. for thai
purpose : OF the J. ttrr they say, us RI
dcmpiinn III this time IL not considered
+ important to the interest of the state, rs II
/ could not pr"bably he as advantpgcousIy
invested again : what wis the Ilngnagr OF
! the com o,itee, il now the language Of the
HOUSE, fnt it has adopted the Report Of the
j Committee. II surely is not the intention
! al the committee or Of this House, To keep
mp the taxes Ia their present rate, to raise
money which the House by adoption OF
the Report, declares il is not important
topIy.
All money drawn from the people by
taxation beyond fair estimate for the Ger
taio aud contingent demands upon the
| Treasury, is, In say the best of II, spceu'a
ton /; the more W. speculate the longer We
shall stay here. The lrngih Of our Scr
sions is u subject Of universal complaint,
AID il Is believed that no scheme To- shorten
them il efficient, and none can be So
full, relied ON, IA one which is based on il
moderate income Besides, the bold, in
trrpid attempt tlat was made nj the last
| assembly, To seize upon our excess of re
venue aud pledge il as perpetual fund for
the payment of interest upon loans, cannot
won be forgotten.
The foregoing estimate ls submitted 10 |
shew the rale Of reduction of which the
presrnt tax is susceptible 1t embraces
very item either of income, or expense at
any ordinary or permanent cbaracter,N hich T
IS contained n that of the conultiee. Il |
cannot be wrong If that of the committee
- right, fnr the permaoent items, sach as
are likely IN Occur every year, are the |
same in both the only difference that ex
ISIS between them, il, the rate "f taxali-n
snpposed there, aud that which is recon
mendrd here
This estimate shows after a reduction al
i33 per cent. from the property X, that |
there will be An annual saving Ia the |
people OF S53,3O2 g., AID besides that sd
wing there viii hr an excess of receipts be
yond the diehW semrnts of Si4,423 IS.
70 this excess may be added the portion
of the Surplus Of the present fiscal year that
probably may not be appropriated by the
present Assembly, aud also the saving thai
viii fesull from an adjournment by the
10Th day of February the two sums may |
fairly be sufpos d Ia be 10000 dollars,
which, added Ia the 81 !, 1873 -, will make
the SUN "f S3i, 488 45 ; subject to the
contingent calls of the mkt assembly.
Res0ire3, therefore, That it Is eXpedlent
tn reduce the taxes upon lands, lots lmpro
| upon slaves, about i33 per cCnt.
W, regret that we have not room for
Nj. p's tables Of estimates. Their principal
variation from those of the Committee of
Finance consists in the application OF the
principle laid down in his report +, w. the
drducting in the first instance l8i per cent.
On the receipts, estimate by the Finance
Committee, from lands, lots, slaves, and
horses and mules. The effect of this de-
ductiuu runs through Que or two Of The
subsequent items, such ms the amount of
probab, in~ol,racies, shrrllts' commissions
Sc. and il is seen in the sum total, of he
cEfPrs, which instead Of being SJ3j, 2l3
G3, as by the cnmnfltt e's report, Is esil. IA
ted by Nj z AT only S12i,3l3 10 In The
ltail, Of DISBURSEMENTS Mr. L estimates
eyqrnsrs If the General Assembly al
30 600 Instead Of 1909, 900 dollars-and of
the Lunafir Hospital $500 less than the
Rel ort--ii besides throws out some few
items, as lance of appropriation To the
! ppnltrulIarN huilding, additional appropIl
alton To the Covenants HOUSE, election Of
! President aud .Icc President of the United
! States-pay If agent in hrntncky--and
prob expenditure for Lexington arsenal
aud guard house IVA the Capitol Squdrr:-
thus estimating the expenditures ot $4,000
Il HAIRS less than the report Mir. f's lis
Inmates concludes thus:
Total amount of nett revenue
OF an Ordinary aud perma
| urni charattcr Sd2t,5i3 As
From which drduct the total
amount al Disbursements
of an ORDINARY aud p.rma
ncut character 4o6,9aO 90
And there will he an excess
of receipts beyond the dis
! bul easements, of 13,a33 40
To mich add the portion OF
the present excess That
may probably not be ap