Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-01-25

from time TO me upou the credit of the Stale the sevc.
raj sums necessary 10 complete those which proposed
10 be undertaken Stale account and also the States
proportion of the capital stock Of the two railroad COM
paniss contemplated by this report whenever The other
two-hiths shall have been subscribed by Individuals
and your committee would also advise that the faith of
Tue Sate De pledged Tor the payment Of the interest on
the ioans as 1t may accrue in SPECIE its equivalent
appears to your committee, that the present condition
ct The Commonwealth will fully warrant The expendi
tuIe OF the sum proposed for the purposes specified
IL Is true that The fund for internal improvement is,
al present, under some membranes for the payment
OF interest on loans heretofore made; but your
mltee are advised thai those liabilities temporary
In their character, aud must IN The course OF lew
years, be entirely removed. For The purpose of dis
charging the interest the loans contemplated and
creating sinking fund for the final redemption OF the
principal there several oil revenue which can
with propriety be pledged They are the ordinary re.
Of the fund for Internal Improvement the tolls de-
rived from public works which are now IN successful
operation, and those which will soon be completed. The
latter class your committee have every reason TO believe
will in short time be source Of very considerable pro.
fit TO the Stale. But in addition to these your commit
tee would recommend that the interest or Prohs, IN
whatever form they may accrue on the surplus revenue
of the United States which has been or hereafter may
be- deposited with the Stale Of Virginia, should be de.
voted TO that object.
At an early period the liabilities of the fund for Inter-
nal Improvement will be quida,ed and The works them
selves will be in such state OF forwardness 10 con.
tribute largely the exngusmen OF the interest on
the cost Of their construction.
But in addition to all thrsa Of revenue, your
committee would further advise small augnr ation
of the present rates Of taxation OF the Commonwealth
for the purpose of providing against any unforeseen con-
nrencies and for the further object of creating fund
for the extension Of the system OF improvement alta u
ture day.
l. ResoIre therefore, as the opinion Of the committee,
That is expedent to construct the works specified III
the annexed report upon the principles therein Indicated
9 Resoiccd, That it is cxpedent authorize the Board
I.o pnrlc he, to pyr, In time
such sums Of money may be necessary to complete
those works which are recommended as proper 10 be
undertaken State account and also the necessary
subscribe tile States proportion of the capital of the
innt stock companies recommended whenever the in
dyidual subscriptions shall have been made.
TO TIE EDITOR OF TIE E.NQUyR FIR.
"WAsnlSGroS, 22d Jan, 1888
81 am pleased TO observe that The scenes Of vulgar
violence such alluded 10 in my last, everywhere
received with positive disgust with silent contempt
This cheap method of acquiring distinction is decidedly
getting out of vogue. am glad 10 witness such
healthy tome Of public morals.
My shor, opportunities of political observation have
enabled to lay down rule of invariab!e aPpca'
ton, viz: that mans aversion TO Republican principles
is in the ratio Of his anpathy to Thomas Jefferson
There stronger proof Of the revival oil Federal doc
trnes in their worst urr, than that manifested by The
SANDERS upon the Sage of Monticello, with which the
Opposon press of late a5nunds. The National ga.
zstie the peculiar organ Of the National Bank has dis
lnguished itself in this crusade against the fame OF this
great and good man. In this it shows but ordinary
sagacly; for precisely the regard of the people for
the character and opinions OF Thomas Jefferson can
be diminished, will be their willingness to submit to
a policy which he arden,iy and successfully com
baltcd. This personal hostility is hut covered war.
fare upon Republicansm itself. You have doubtless
heard of the Spy in Washington. who did penance
the other day in the National lnteligenccr for I'm.
Just imputaons upon the British Minister He is the
author Of the Life Of Burr, whose tucloum he for
many years, and in that work bouss of having shielded
the fair fame Of American nations from disclosures OF the
most painful character; thereby implying much more
than his pretended revelations could have effected had
they been suppressed. One OF the chic: objects Of
this wretched effort at biography was 10 destroy Tie
putaton Of Mr. Jeierson and such, its appearance
was hailed by the enemies Of the great Republican states
1t asserted with entire confidence, that Mr.. Jei.
fersons first election TO the Presidency effected by
the groSses fraud, perpetrated deliberately by himself
too So gross however, was this imposition that
the respectable OF the Federal papers revoted at it,
and promptly published its refntntion The curious
reader may find the whole impostu'c ably exposed in the
last number Of the Democratic Review, in which its
thor is shown up in Pory. lie has for years past
been in the employ Of the Federal party s,ipendary
etterwrer, and such, the National neiligencer is
kind enough to vouch for his scrupuious accuracy Mr.
Clay also has The good fortune to have this worthy gen.
tennn upon the lis, of his Corresponding Committee,
though will do him the justice to believe that il is moi
with his appreciation. must excuse myself for having
devoted nncli space to such subject but the Migrant
nature Of the offence against TRUTH hslor morals and
the fair fame of the Author of the Declaration OF indie
pendence, demanded sore notice.
"As I have had occasion 10 refer TO the Democratic
Review, will merely observe in passing, that The Sc
cond number, which have just perused is of great
merit Tie notices Of the Supreme Court written
with great spirit and pguGHcy, though they pomugaie
opinions which will meet with various acceptance.
have already spoken Of the article the Life of Burr
The Canada question is treated with knowledge and abb
lty and The paper upon the CT dscant Spanish Colonies
contains and useful information. The ~ York Eec
ton is handled with spirit worthy Of the Democracy
and the Historical Register Of the Extra Session presents
just aud accurate abstract Of the proceedings of The
Senate valuable by its condensation aud instructive
reference.
81 will not abuse your candour by making these letters
the hnbi,ual vehicle for opinions in which you do not
coincide. cannot, however, resist the temptation OF
making few observations, suggested by the leading ar
ticle in your last per- That article certainly embo
dies the strongest arguments which be offered against
The bill Of the Finance Committee. cannot however,
see very wide difference bet een it and the resolutions
OF MIR. Edmunds, Of which am happy 10 find you ap.
prove Frequent cash Settlements if faithfully made,
can scarcely he more acceptable 10 the banks, than
exclusive specie payments. The Opposition, the real
Opposition, will find the Virginia scheme not much less
palaabe than the Washington project. With regard TO
the Receivers General cannot perceive any thing SO
obnoxious in this particular kind Of alfa 1t necessary
to the pan they seem to me to he as harmless rs any
other public funconares. Perhaps they may be dis.
pcnscd with; but if adopted | cannot that the
addition Of few such officers 10 the many thousand
in the public employ, effect such formidable in.
crease of Executive patronage. The difficulty with
banks is that i, is almost impossible to proven. The
of the public funds; and if they become unavailable d.
rectors are no. responsible person character
private fortune. Not with officers responsible in them
selves and securities and in character and amena5e TO
severe legislative enaclmens Such officers cannot use
the public money without losing everything, and incur
ring The penalty of felony ii is no small temptation
which could make officer Liable to such heavy consc-
qnences succumb, especially when he knows that prompt
detection must ipfably take place With su:h sys.
tenn there is little or danger Of waste Of the public
bers Of legislative bodies and leading politicians, which
we have witnessed to such fearful extent offer these
hasly remarks, which have not time to extend, with
perfect reliance upon the admitted candou with which
you are disposed 10 conduct this interesting controversy
treatnd with Little rlUu