Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-01-08

income. Hc could not perceive whence ,hcv ,vc,c
to derive their anticipated profits. They had gi-
ven an estimate OF Sl2O0O0 as their income on ira.
yelling, whereas the whole tolls of the PETERSBURG
Road amounted to $72,OO0 only. He did not see
how this road to obtain amount of travelling
so much larger than the Petersburg Road had al
though he was of opinion that il would add consdera
bly, to the travel upon the Petersburg Road by drawing
oil Southern travellers from the by the Chesapeake
IL was true that the State had applied $500 0O to iont
stock Companies for Internal improvements on which
the return had been comparatively but trifino I'm,
TINS did not prove hatthosc funds had been
inudiciousy The of the State had been de-
velopcd by them-actcs had been given to the trans
portaon iproduce to market and the industry and en-.
erpze ofour farmers and planters stimulated and en-
couraged These objects well worthy the consi-
dGraton OF the State, and they induced him doub,
whether works promising large income the invest
ments in their stock, WERE had been nded emit
,ied to the first claim to the aid of the
ttavng said all that he thought the occasion required
he lett the subject to be decided the House in its Wis
dom should deem proper
MIR. Mcdowell said, that he would prolong the de.
Date with but few additional remarks. he was we'll
aware, that with many members principal difficulty in
supporting the present BILL financial onc-a diff.
cuty which referred TO the doubtful and unascertancd
suiciency of existing funds to meet not only the app.
cation now made but other applications which were ex-
Peced TO be made, which stood upon grounds strong
II not stronger and which could not with any propricty
De Genied, IT the proposed sanctioned On this
account some further exposition of funds was ne
ccssary, and especially necessary from him. us he differed
to some extent from that view of them which upon a
FORMER occasion, upon the present had been taken
py the gentleman from Petersburg That gentleman
ment and assumed the result of precise
competency which he thought liable TO question
lie had hoped indeed that that competency unqualified
by any circumstance, would have been made out and
had aided the gcntcmans argument, with the sincere
wish to find it exact. But he say that that argu-
ment, and the conclusion in whcht ended were open to
some qualifications, which had not been sufficiently ex
pressed The gentleman and himself had resortcd to
the same source of acknowledgements of the same
or nearly the same gures-5u precisely agreed
as to the safest application which should be made of
particular and important item; The item, he meant
was that which arose from the ''surplus tolls the
James River Improvement To make this matter intel
hgble to the House, he had procured and would now
exhibit synopsis of the Fund for Internal Improve
ment, in the years iS34-'35, and 1856:
rand TOR Internal improvement 1915.
REyENUE, &c.
Balance OF disposabc revenue in the Trca-
sury $I52i3 50
interest and dividends accruing lO7 22G so
James tlver Company surplus $4,000 90
Sl47 40 33
On investments Of permanent funds 20 he
made 1 0OO M
$l4s47O 80
ven for dividends in Petersburg Rail Road
Company 1000 on