The central gazette. [volume] (Charlottesville, Va.) 1820-1827, 1825-01-22
STATE IEGISLATURE.
RIcuMoND, JANUARY A., 1925.

Yesterday, a communication was re-
eeived from the Senate, that they had |
passed the bill adding part Of the coun.
~ OF Grayso To the county of Wythe /:
and that they had also agreed TO the
resolution for causing IA road 10 be To-
Gated and Surveyed from Danvi!le to
Nythe court house,with an amendment
in which the House coreurred.
The House resolved i,selfinto Com
NJ ttce Of the Whole, Mr.. Winston in
the chair on the bill IS Prescribing how
"onlempts Of Court shall be punished
After considerable debate, this bill
was indefinitely postponed-for the
pos,pomement 81. against i, 80.
Mir. Morris of Hanover, obtained
leave to bring in bill 10 amend the
act, entitled An act concerning, the sure
lies OF John Preston, passed February
ts'. 1922: and To extend farther relief
In said sure les.
JANUARY i3.
Yesterday, q communication was re-
ceived from the Senate, that they had
passed the bill Giving further time to
owners OF Lots, in certain towns of this
Commonwealth TO build on and improve
the same. Also with amendments, the
bill 10 amend the act entitled, an act
authurising the President and Direc-
tors IF the Smokers Gap Turnpike
Company to alter their road, and for
other purposes. These amendments
were agreed to by the House.
Various committees reported bills
among these, bill to Incorporate Com
pauy for the purpose Of improving the
navigation Of the Little Roanoke and
Buffalo rivers--aDd with an amendment.
the bill amendatOry Of the act Of 4th
March last concerning the Inspectors
u Tobacco at the public Warehouse in
RICHMOND. aud for other purposes.
JANUARY IL.
Yesterday, MIR. Patterson offered the
following preamble & resolution. " hich.
on his motion was laid on the table.
and on MIR. DrOmSool's motion was or
dercd TO lie printed.
The Finance Committee reports the
total amount of available funds of the
Commonwealth for the present fiscal
year. to he 1858, 2i3 63, and the expen-
ditures far the same period. they sup
pose to be Sf36,0O6 81, which leaves
an excess of receipts beyond expendi-
turcs of St16,306 72; this sum is sub
jert TO appropriation by the present Gen.
era! Assembly, and The greatest part
OF II is now actually in the Treasury.
OF the public debt. The COMMITTEE
says. it consists of an unascer!ained a.
mount Of old per cent certificates.
which they suppose to be about $40 900
and $4,000 of per ceui debt held
BY the President and Directors Of the
Literary Fund the Farmer they advise
to be called in, and their advice has
been executed in part by the passage Of
bill Inv this House for that purpose :
Of the latter they say. ''its redemption
at this time is not considered impnrtan,
to The interest of the State. as it could
not probably be as advantageousIy in
vested again - what was the language
Of the Compittce. is now the Language
of,his House. for it has adopted the Re
port of the Committee 1t surely is no,
the intention Of the Committee or Of this
House,'to keep up the taxes to their pres
ent rate. to raise money which the House
by The adoption OF the Report declares
il is not " important" pay.
All money drawn from the people by
taxation beyond fair estimate of the
contingent demand upon the Treasury.
is. 10 say the best Of At. upon specula
ton The more we speculate, the longer
we shall stay here; the length of the
session is II snbiert Of universal eom-
pllini. and it is believed that no scheme
to shorten them is so efficient, and none
can be so fully relied on as one which
is based on moderate income: Besides
the bold, intrepid attempt that was
made al the last session Of the Assem-
bly, to seize Tpon our excess of reve.
nue. and to pledge it as IA perpetual fund
for the payment OF interest upon loans
cannot SOON be forgotten.
The foregoing estimate is submitted
To shew the true reduction Of which the
present tax is susceptible; it embraces
every item either Of income, Or expense
Of an ordinary and permanent character.
which is contained in that Of The Com
.mittec; ii cannot he wrong fthat Of the
Committee is right, for the permanent
items, such rs are likely TO occur every
year are the same in both, the only DIFF
ference that exists between them, is the
rate OF taxation supposed there, and
that which is recommended here.
This estimate shows after reduction
OF tS 81 per cent from the property
tax: that there will he an annual sayinr