Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-01-03
| founded upon tLe annDoso

founded upon the supposed amount Of travo,l;,a No.;
81, said hir. j. n tcould be shewnt TO me that not one ton
" Pt1uuee wouiu ever be transported over this Rail RoaJ.
ond thati would be supported alone by travell;ng ! do
not perceive that IT would be an objection To The wo1( n,
omJ - no JJonseluence to The agriculturist to open an easy
ana rapid communication? Is it of no benefit To agry.
culture, that facilities should be- given to conrncrc;,i;n
eercourse between this and other States? Will il be of no
Importance nm time OF war. that we shall have IL in m
power TO transport troops from place to place with mo-.
ana rapidty ifit be, as il has been often declared. the
P"iicy oi ' irginia 10 prevent the u States from n,,L;no
5dch improvements he hoped il would NOT noy bes
assumed as the policy OF Virginia. To rcrnse 10 a., tI,o,n
nrrs.n, or TO, aid others in their completion. This
was truly an important work, and would doubtless ac.
cohhliodIte, t. a great extent, the agriculturists of The
country Docs not the Petersburg Rail Road accom-
,pouapc the agr.culiurists Of the counties around IL.
~ daiy bringing their produce TO market And
inns Improvement would also be connected with the Pc
"rsDurg Kan Road, and agriculturists would always have
a choice OF markets. The friends of this scheme will
certainly be very much disappointed i'm their cxpecta-
Tons If a considerable portion Of the tolls OF the
Itni load are not derived from the transportation
OF produce. Without entering into calculations on
the subject, he ventured to advance the idea thnt the
revenues OF the road would not arise from travelling
alone.
MIR. J. had heard it suggested, that when the charter
was granted, a pledge was given that the company
would not ask for assistance from the State. Mr. /
knew OF no such pledge. lie was not a member of the
rouse at the last session, when this charter was granted:
u Snch D pledge could scarcely have been made from any
art"oruluFe source, without its being generally known.
nc presumed, that at most the idea arose from the
declaration OF some sanguine friend of the improve
meh', VINO expressed a belief that the stock would
y eagerly taken up--that individuals would vie
WIN each other in subscribing for it, and that there
wouu Piooaoiy be no necessity to solicit aid from
the Commonwealth. Mr. J. was informed. that no
pledge was given that the company would not applv 10
the Legislature for n subscription of twofths of the
stock by the State. He was further informed. that an
amendment was offered 10 the charter, plcdging the COM
pany not to apply to the Legislature for aid; but that it
was rejected, and the House left itself. MS il should have
oohe, Tree To act upon that question. at a future time. and
10 decide upon The p~ropriety of aiding the company when
Iiey should apply for assistance-With these views of
the application, Mr. would leave this part of the subject.
We sec, then, that the application is made, the Com
pahy having subscribed the three-fiths. We know also.
that the money, should the subscription be authorized IN
TO be borrowed. How is the interest TO be paid is now
iTotn the fund for Internal Improvement this wear. MIR.
, should have preferred, could his wishes have been IRA
tiied, TO delay the discussion of this subject. until he
coula nave become better informed Of the condition of
intimately acquainted with the state Of our funds than
himself, and they would, doubtless, give the House all
The requisite information on that head. 1t may be. that
tn innd Tor Internal Improvement cannot paw the
interest on n loan for this object the present year
But. was That an objection to passing this bill p
ii the fund could not meet the interest this year. was
there any reason why the interest could not be borrow
rowed from the Treasury, to be repaid by the fund,
when its resources would allow ? There was NOTHING
Uncommon or improper, in borrowing from one fund
TO be paid by another. The Legislature was i'm tie
constant habit Of drawing ON the Treasury for small
snms-and he thought there could be no impropric-
" IN borrowing from that source, the interest of the
loan required for one year, rather than defer so important
= WORK, now prepared to go ON, with speedy progress, to
ITS completion. With these general views. he submitted
the question to the House, and awaited the remarks of
minutely.
The bill was then ordered to be cngrosscd for a third
reading.
Various reports of committees were presented, and bills
~ tAseir carly stages acted upon.
On motion of MIR. Mullen,
The House adjourned.