Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1826-02-14
VIRGINIA LEGIsLArURE.


Saturday, Feb. ia communication was
received from the Senate, stating that they had
passed the bill concerning contemp,s OF court,
with an amendment--that they had passed the re-
solution for procuring, of Il. Peal. likeness of
Cen Washington; with amendments nd reject
cit the bill allowing John, free man OF color, to
remain in the State.
The amendment to the bill concerning contemp,s
OF court, was, on motion OF .ifr. .uoson of s.
laid on the table.
The amendments to the resolution relating to
| the portrait oil Gen. Washing on being taken I'm.
Mr.. WdtHu,s, nj +. h. moved to lay the same on
the table tie thought that many members when
they voted on that resolution, expected bill to
grow out of it. They did not expect tina, an ex
pendi'ure OF money was to be made by resolution
Mr.. blackburn concurred in the motion A f,er
some conversation IN which yuessrs. Blackburn
Miller, OF b. May, .afason, of S. and tatteson.
OF b. took part; the amendments were laid ON the
table.
! BIS presented Concerning James Paxton
the heirs OF Thomas Armistead --incorpora,ins n
company TO make a turnpike from Morgantown
across Laurel Hill Mountain 10 the PENNSYLVANIA
Line, in the direction of Smithield at the Youpbi
any bridge incorporating company to establish
turnpike from tovinston to Lynchburg--con-
corning the Penitentiary Institution.
communication from the Pad Auditor trans.
hitting the information called for by Mr.. .1Ias-
ste's resolution, adopted on Thursday, was laid
before the House by The Speaker. Ordered 10 be
printed.
ar. Po,ceH called up the ensrossed bill EST alb
fishing the dividing line between Loudoun and
fauquirer--and, after discussion, it was rejected.
-ur. Nay called up the engrosse,l bill to incor
Porate the Petersburg Manufacturing Comp,nv
Sundry blanks filed.
| .Hr. -ady supported the passage Of the bill. as
measure OF deep importance 10 the Town of
petersburg. The necessity for such a measure
grew out OF the change OF circumstances. in the
trade, and agricultural interest OF the country The
tarin Oh the w. b seemed to be settled policy:
ana II became necessary for take care OF our
selves Petersburg was once the first tobacco mar
keD In the e'ate-ii was no longer so; cotton was
becoming the staple of that market The laborine
classes OF the people, who were formerly emplov0
ed IN the tobacco factories, were now out of EN-
pioyment. The capital TOO, recently used in the
tobacco business would seek other channels He
contended that the employment of this CAPITAL and
'ns 'aie TABOR In the manufacture OF cotton goods
would DE greatly beneficial TO our own state and
10 The citizens oil Petersburg and its vicinity par
ucuisry lie commented on the great abundance
ana cheapness OF water power; and the ADVANTAGES
oi possessing The raw material, freed from the ex
penses OF transportation, Insurance. &mercban,, .
prohts, and on the greater cheapness of labor IN
Petersburg than in the manufacturing towns I, the
Nor'h-from all these circumstances he insisted
''N $50 S"SSSS' Va ti4S proposed manufacturing
company was certain. To the objections that
might be urged 10 Incorporating companies he
replied at some length. Companies had been in
corporated tor almost all other purposes: and he
saw no evils that would result from the incorpora
ZION OF the present one. TO guard against every
possible abuse, ii provided in the bill tina, ev
cry thing connected with the company should be
uh"ei me contToi OF The Legislature; who might
even repeal the law, it they thought proper.
.ET. George offered a rider nrnv,Iino H..
whole estates OF the members of the comnanv
should be liable 10 the payment of its dehs
mr. may opposed The rider calculated. to de-
siroy the bill 1t was enough, he thought, that the
capital embarked should be made responsible.
ar. Coode OF Mecklenburg, supported The RI
oef, as conSenlai with oil the principles of our
Institutions 1t was fundamental principIe ,b,,,
no man OF set Of men should enjoy exclusive nrivi
leses except in consideration of public servicee
Inc Dill proposed to give exclusive privileges tn
the company, Who had rendered no public services
anu whose operations in future, would be directed
more 10 their own individual ADVANTAGE. than IN
the public coed. 1t was exclusive privilege IN
authorize men 10 manufacture goods, or pursue
any oil the other avocaions of life without being
subject to the same responsibilities which attached
10 all other associations OF individuals for private
purposes ANY system which conferred these ad-
Vaniages would lead 10 monopo!ies, and was adj
verse TO our fundamental principles
.tIr Taylor remarked that although the promo
sltion was new one, he nothing in the bill 10
OBJECT to and especially as 1t contained so MANY
guards. The rider would defeat the bill: and was
as proper IN relation to every corporation in Va.
as TO the proposed one. 1t would have been ne
culiarly applicable 10 our Inonied institutions
But, heretofore, the legislature had seen NOTHING in
the constitution to prevent the incorporation OIL
such companies. The incorporation of turnnile
companies, and many others was calculated TO con-
Ter public benefits; and therefore particular privi
leges had been given to them. The propo.ed
company promised great public advantages to the
people oil Petersburg and its vicinity, by eiyinr
employment 10 an idle population, and unemployo
ed capital. The limitations and guards in the bill
exempted 1t from all objection. Every individual
who dealt with the company would know the ex
tent Of their capital could see the manner in ,ybicb
they were conducting their concerns, and would
be more secure from loss, than when dealing with
individuals OF whose capital and responsibility he
knew nothing
Mr.. Goode frankly acknowledged that his SUD-
port OF the rider proceeded from wish to defeat
the bill. The facts stated b. Mr.. May of the re-
dundancy OF capital and density, and consequent
Ideness oil population were entirely new to him. |
The interest OF money, and the prices of labor in
other states, would seem Justify different con-
cuslon lie went into an examination of the prin-
cipee in political economy which supported this
cobcluslon. ~ bau Otcn SAID That the expenses of
transportation, Sc. would be saved. Did not the
same argument apply to the northern mauuactu-
rers! aud yet it not claimed Of Congress 10 |
protect them by oppressive tariff ~ reply TO
Mr.. Taylor, he remarked, that if errors had been !
committed in the incorporation OF other Companies
IT was no argument, in favor of continl ag in
error. The parallel between this company, and
the companies for the making ofturnpike roads and
banking purposes did not hold. The cases were
quite dissimiIar. Roads were intended for the
permanent and peneral inn nrovsnneot of Tho co,,.