Daily Richmond Whig. [volume] (Richmond, Va.) 1828-1831, 1829-02-02
General assembIp.
HOUSE OF DELEG.7zES.



fhc Senate have passed the Kenawha Road biz.
Engrossed bills, /, concerning the provisioning
OF lands IN the county of Isle of Wight; 2 20 amend
and explain act u raise n sum ofnioncv by Joticry
To connect the Stspnton and James River Turnnike
with the Kcnaxha Road at or near its eastern ter,u-
nation.
The engrosscd bill, prescribing tho mode ofpavinr
money into and out of The rublc Treasury was taken
up the blanks filled; AMI the question being its pas
sage,
Mr.. Mayo stated his objections to it. No man
was moro III favor OF securing the public money than
biulsc but in relieving the State from one mischicS
nc did not wish to INTO another difficulty This
oil required warrants to be signed BIZ the Audi or
and Treasurer, which would put thc public to treat
inconvenience; an Inconvenience Increased bY tho
Bank holidays. H. was opposed to the bill on n
other gound. II required Si00,O security OF Tie
Treasurer. Willie it relieved him i'll fact ofthc ncccs-
sty OF giving any, by removing all responsibility from
him. =
.Wr. Duncan also opposed the bill. lie believed
the Va Banks good any in The world and yet by
possibility they inigt fail. Ii thev did full the State
would lose enough, without having ull the MONEY!
where tho Treasurer could not not rescuct, lie
thought the b'i an ugly little thing, and he moycLits
indefinite pOstponencnt. %.
.Nr NGy replied u tho objections made Nv NTossrs
Mayo aud DunCan which he considered entirely ina
ginary and Not TO DC weighed inr q moment ncerst
INC advantages ana great public purposc-thc pub
ic purpose Of securing the Treasury othe s,ate from
deapldis'ion secured by the bill. The system now
proposed was not new untricd Itlad been i'm use
FOR years IN the General Government, and much MS
thai Government had been abused it had never vet
incurred the reproach, which this Commonwealth
had twice in his short life expcrenccd-of having its
Treasury invaded by those entrusted with its kepin
nc felt humbled at the reflection and he hopcd that
at least the experiment would be made of attempting
To avoid repetit OF the rrproach. If this bill did
not answer the purpose, or if experience could su-
gcst better eXpodient, it might be adopted by fiji
ture Legislature. As 10 the objection al edged from
possible failure Of the Banks, the laws already crust
cd them with the public money.
M Mayo re urged the public Inconvenience that
would be sustained by the provisions of this law aud
the lnconsis ency of requiring security of 100000
from man who had no; dollar OF Public money in
his hands.
.HT Duran now withdrew his motion TO pos; ponc
While he was up he would ask, if the state refused
to re- charter the Bank of Virginia, what became of
rms bill, or of tho Public money?
Ny May said, nc presumed that the law would he
amended by requiring the Farmers Bank to keep ell
The public money.
AiT. Bryce replied totfc gentleman who opposed the
law He heard had one objection from Intelligent mem
bers which surprised him it was that if the Banks
failed the state would lose her deposits But he
conceived this objection iusory; for if the Banks
now failed, we should lose as much rs we then
should the funds of the state are in their paper
and not in gold and silver.
.hr. Dice called for the and noes wl;ch bcinn
sustained, the Dill was passed by the following vote:
ayes rs, noes 70.