Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1830-03-09


+ the work produced profit .6ths per cent only,
was enough for their purposes. But tins provision
S now repealed. and for the future, individuals and
he Commonwealth stand the same footing / =
hazard the prediction thar, hereafter there will be
but few if any instances, any part of the State of
individuals subscribing for three ffths of the stock
in any joint stock company.
repeat it, sir, that if to have this road at
all, it must be made by the State. presume no one |
present, would object to the oan and the appropria
ton. ne morally assured, that the tolls would
pay the interest, and furnish moderate surplus for
the eXtnguisbment of the debt. Now. ask, what |
better evidence the admits of than we have pro-
duced? view of the map is almost satisfactory in
itself. The Chief Engineer, whose scientific ac-
qulrements and intimate acquaintance with the topo-
graphy of the State, derived from long and laborious
experience, entitle his opinion to much confidence
pronounces, unequiyocaly, that the work will b. q
profit able and useful one. Two distinguished Go.
vcrnors, sitting at the helm of affairs, with every
channel of information open to them and presup-
posed from their elevated station be men of wis
dom and experience, have arrived at the same con-
clusion, and warmly and repeatedly recommended
this work 10 the patronage of the Legislature in the
exact shape in which it is asked. The Board of
Public Works, composed of intelligent men from all
quarters of the State, whose especial business it is to
preside the subject ofinternal Improvement have
also, two occasions, deliberately, expressed the
same opinion.-What more can be required? Do gen.
tlemen still insist, the evidence furnished by the
fact, that individuals willing to embark their mo-
ny in the adventure? trust, l have sufficiently ex
yer, that falacious it is, it be expected
whether for good or evil hereafter.
But suppose the tolls will not the interest on
the expenditure. The finances of the State are all
III hourishlng condition, and can well bear the
charge. The report of the Auditor shows that on
the lst OF October 1929 there was balance in the
Treasury 10000 10, and that ON the LIST of Octo-
Der 1880, after defraying the expenses of the Con-
Ventlon and without increasing the taxes there will
be probable balance of SOL 1888 81. In the Litera-
ry Fund, there was the LIST of October 1929, an
unmvested balance of S33 ,317 81, and there will be
III addition for the future, annual unapproprated
excess, OF the receipts beyond The disbursements of
$l4,G9e d. In the fund for internal Improvement
there was an unePpropriated balance on 30th of No
Vemoer 1899 OF Sl4,2G9 g. AT the close Of the
fiscal year, there will be an estimated balance of
26532 90. At the close of the ensuing fiscal year.
there will be probable balance of IS 1855 So to
which may be added the sum of Sl2, 485 90. the sum
due account of the default the late Treasurer not
! yet paid IN After the both of November 1881 .
there are no extra charges the fund, and the
operations oftke fund continuing uniformly there will
be thenceforth an annual excess of the income be-
yond the permanent charges of Ss5,39O 80. The
interest the proposed loan of S66 900 is SO 96O
and before one cent of it would be wanted there will
be In the fund balance of more than $50 900, and
AN annual surplus of more than $4,000. Is it un-
reasonable--is 1t so very extravaganza ask in ia
YOUR OF portion OF the State, equal to onesiXth of
Its whole territory, for equal to one-ninth-
not OF the fund, or of what remains of the fnd-but
one ninth of its annual unappropriated surplus?-
But this sum will not be lost to the State 1t
amounts 10 less than 81 0OO--the NJ West paws a
revenue of $4,000, and if by the increased value of
lands and taxable property, affected by tins road the
revenue be augmented per cent the Treasury will
be reimbursed by silent and process, if not
in the shape of tolls, by mode equally efficacios
ana certain. But, sir, the will be increased
not Is per cent, but so per cent and we shall be
able to pay $4,000 instead of $25 900 into the
treasury Sir, my constituents believe, and i be-
lleye, that have Just claims to the appropriation
of no FIND
for internal improvement in 1915, there has been
expended In other quarters CT the State 81 1856 203
In the shape OF stocks and loans--whle, in terrific
ry equal to one sixth of the whole, and containing
population of tenth, there has been expended a
sum not exceeding $4,000? appeal to those who
are interested IN the James River improvements
which has enjoyed in such profuson the bounty the
government; appeal to the members from the S.
who are practically acquainted with the advantages of
great thoroughfare leading through their country a.
afordlng them market at their own doors; | ap-
peal TO gentlemen from those quarters of the State
that nave prof1ted by the expenditure of more than
Si9ooo,uU0, TO say whether are not now entitled
10 some AID The road IN question: is all that we
want. mo other Improvement of importance, can
ever De urged on the patronage of the Legislature
IN tins shape, with any degree of pausibilty. Give
us this road and if you fear further importantly nv
constituents will give you bond and security to be
MED In the archeves of your government. and sued
upon when there is breach ofthe condition. to trou-
BILE you more.
DO gentlemen apprehend, that though convinced
themselves ofthc propriety of making this appropria
Ton, tnelr constituents will not sanction their votes?
Go tell them OF the wants and necessities of this fer.
Tile tract OF country, whose immense resources are
now lying latent and undeveloped in the bosom of
tine mountains for want Of the means of approach
ing market. Tell them that it is proved to yon
beyond the possibility of reasonable doubt that
tHc toils Will more than the interest on the ex-
pendfurc, and even if IT. were otherwise. that the
prosperous condition of the finances, ustifies the
charge Tell them, that while 81 900, 900 have been
expended elsewhere, in the State this section has
received only $4,000. Tell them that by this time
ly act of justice You will have done much to alnv
the sectional caouses and cxcitcmcnts of these dis
iracied times, and TO hush the mrrmur of discomfort
which is beginning TO be heard in every house be-
yohd the mountains. Tell them all this, and if there
be relic of patriotism amongst them. my life upon
IT, they VIII Justify you--nay, commend you
NEw YoRK, March Q.
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