Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1832-03-10
Office Of Dismal S,cdmp Canal Company,

much of this debt will make the Commemorative II;
erest the whole capital stock of the Company equal to
Zohs oil the capital expended to the date our last re-
turn, should be absorbed by new subscrption Inv te
State The resolution is clear, and the object so obv
GUS mat III unnecessary to say any thing TO illustrate or
enforce it, will only remark that if any of the pro;c
before the Assembly be carried on and paid for out
OF the treasury without the aid of funds from indvid
als-that In that case, much of the debt az would make
the States interest equal 25ths should be relinousb
ed or forgiven Accept the assurance of my respect and
best wishes Tor your success.
am, respectfully, your obedent servant
GEO: NEWTON, Prc'st d. s. Canal Co.
MILES KING, Esq.
Whatever enactment may take place this application
must DC ade subject to the approval and ratification
'c 5ocSno'eerS oil me d. s. c. Company, in general
meeting, before IL shall be binding OH the Company
Mr.. handler sustained the bill and declared ,bo, :,
hau merits OF peculiar kind which lie demonstrated by
details and Statistics giving full history of the Dis
swamp lmprovement.He stated that $206 900 had been
received from the tolls every of which had bcen
pended III widening and improving the canal not one cent
OF profit having been received by the stockholders every
ono oil whom were wngfo orcgo present returns for the
ultimate perfection of the work. The whole sum which
mad been expended on the canal 1888 OOO-and the
company now offered two hs of the stock TO the State
Tor $20OOOOthc stock OF the State and the debt due th
Commonwealth TO be included in the subscrinon II v,s
great OBJECT OF policy to unite the two States Virginia
and North Carolina, and was asked than
company was entitled to- under the law OF 1917 He cX-
ahmed the amendment proposed by the Senate decIor-
ed II ilhbcraand wentinto leng 10 show
us injustice anticipating many objections which might
be made to this object the ground that the General
government had made an appropriation in lis behalf he
defended that appropriation, coming i'm collision
with State rights He declared that he anticipated oppo,
non from the gentleman from Dnwiddie and concluded
by statement OF the advantages OF the Improvement
and its claim the State.
Mr. Brodnax observed that he would not dsappon tI,c
prohhecy oil the gentleman from Norfolk that he iAIr b
should attack the BILL He controverted the ideas advan
ced by Mr. Chandler and made statistical statements con-
iicung with those OF Mr. G.. He expressed SURPRISE fa
bill OF this description should have passed so smoothly
through the House, and should when returned from t,e
senate with an amendment be bounced upon with such
avidy lie had to plead for his own part that il had
escaped him, and he might feel embarrassment al
ths confession, were not that nc found himself in such
numerous and excellent company He observed that the
6 passed on the morning Of the first day which the
ouse met at 10 O'Clock, and according Cookers arith-
metc there were exactly oenty eight members present
MT D. then examined critically the provisions OF the bill
wch ne characterized OF the extraordinary
,hat was ever written Among other structures the bill
m brodnUN observed that the number of shares which
'e STOCK was TO be Increased not satedtha no pro
VISION was made by which the Board OF Public Works
were ODng1tcd 10 ascertain whether The three -hs had
Ocen subscribed by Individuals before the two-hs were
advanced on behalf Of the Statcand that the praseoo
gy as0cconable, as the Board required to make
the subscription, instead Of being usual, authorized TO
90 So After examining the condition OF the Company he
came 70 inc conclusion that the subscriber the 35ts was
the w. - and commended, that II conempIat-
cd ny the trainers OF the law Of 1917 that the S. should
come into the state OF Virginia and advance its g. 5hs for
the construction Of an improvement demanding Of this
Government the other two,hfths lie read the law, and