Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-02-16

Wight, shadwick Rnmey, Orgnn, Boolon, Taylor of
Matthews d AliGdiesex, Goode, Barnet, WHITEHEAD
Alexander, Fitzgerald, M'Pherson, Cloud, Tunsla
Wrcher, Stands, Radcliffe. Smith Of Rockingham,
Thomas, Cul6erlsDn, Bare Conn., UTquiisrl, FIlzhugh
Clark, Prince, Waker-44.
.locs-Alessfs. Glmer, (Speaker) Bayly of Accomac,
Chopper, Holloway, Cabe Stuart, Kinney, Cobbs,
Mitchell Frystt, shanks, Pey,on Hoffman, Tcr, Kyle,
Flood 1oler, Fox Corbn Cox Carson Wilson, Servant,
Edmunds Of Fnuquier, 'TidbaI, Waite Paine Dsskins,
Hale of Franklin, Wade, Sherrard Barton Chapman,
Watkins Hail Of Gruyson, Daipgerfeld, Ode White,
Seymour, Bolts Martin, Tyler Washin gon, Reynolds
Smith of Kanawha, Tayloe, Conway, Richmond, Far.
ley, Beard, Taylor of Londoun, Anderson, CALDWELL
Smith Of Mason & Jackson, Raymond, Clayton. Dun
lap. O'Ferrali, Hodges, Cunningham, Watts Yefby
NJ Connelt, NJ Coy, Gay, Harris Carroll Venable, Ro
beris Robertson, LPyburn, Dorman, Smith of Russell,
Davis. CruckPll of 1azewelI, Stephenson, Goodson
Jackson, Crockett Of Wylhe-19
MIR EDMuSDs moved TO amend the bill by striking out
the 9Th section, providing for an additional private sub
scriplon TO the stock Of the company.
Mr. E. enforced his views at some length, ard piled
to the remarks of Mr. Robertson
At the suggestion Of MIR. BAYLY, Mr.. EDMgSDs
changed his motion, as 10 take The question strk
ing The Oh section, (the subscription by the State
Mr. WIrcHER said that he would rae for The amend.
nent, The House had indicated lis intention 10 retain
the loan of So 400 600 Where he asked, the
cessty of adopting provision that the Commonwealth
Should raise money two years before II was wanted
Was 1t because there existed an apprehension that 1t
could not be hereafter obtained: He asked If gentlemen
were prepared 10 vote for the ball for that reason:-
Where the member who would vote for the bill
It stood, under The impression that if he did not do
his constituents would not hereafter sanction the ap
preparation: He would ask if the 4OO,oOO vas not
sufficient al this time? He did not wish 10 rccapu1e
all that he had said former occasion. Now, 81 all
the speeches that he had heard Of them went in
The least TO remove any of the objections urged against
tins BILL except those Of the members from Augusta and
: thriH, -,
gentleman from A. as to ntennilyng the Stale against
loss and that the private stock Of individuals pledged
for that purpose-hc would ask that gentleman whe.
Their supposng the stock Of the Company to deprecias
80 10 per cent? that security would he amply su
Gent TO indemnify The Commonwealth against -
No man could say lie would maintain that pro.
position could be sound if the ingenuity of lis friends
could not make II appear SOL they could not give
soundcr reasons for it than they had yet given The
work would progress for twU years 10 II all The
money had been appropriated, and in the time the
State would be better informed concerning H. and then,
perhaps its friends might devise (or he could nol
means by which 10 pay the interest," without resong to
taxation
Mr WATKINS hoped that every member who enter.
tanned doubts the subject would vote against the
amendment because chen the bill should be its pas
sage Tie friends Of II could show the charac
Ter u the calculations in reference ii. Ii could be
shown that the wrk could be carried without
additional taxation being imposed Oh the State. The
deficit spoken Of by gentlemen was not great as they
suPpostd-it was about coo He commended it
perfectly fair that when pledge made for the
dcmPton o loan the works themselves ought also to be
pledged. Alter arguing and showing that The security
was ample, at least his opinion, Mr.. w advocated the
retaining Of the section proposed 10 be stricken out it for
no either object than turning the pubic mIHd TO s great
work-'O give them confidence in it, and to operate as
earnest that the State really that should al
once progress 10 completion. Gentlemen had stated
that the Commonwealth would be saddled with an int.
rest debt Of Slj4 900 They entirely in error for
the money could be borrowed at per cent, and
would not all be wanted at once could lie had
trriy at o'her coHvenieat periods that the ine
rest would be saved the amount not required. He
hoped the bill would be retained 10 lis present shape
Mr.. WITcmER replied, aud conPnted that no
strucliun could be put that bill which would give the
Company right 10 sell lis private stock and yet leave
untnuched that portion belonging to the State in The
shown that in this capital of eleven millions for the
work. that the subscribers other than the Common.
wealth itself hold 81 80 G0d-so that when you sold
Of private subscription 70 DO what: To Indemnify
the State against IUsS lie thought that other result
could be shown flowing from such argument as
urged of the bill. The aid asked for
10 all inlens and purposes subscrp un by the State,
and he would pre- fer that the bill should be amended
as at once to provide for loan of six millions the
of the State for the prosecution and completion OF
! this work. Mr. w. was proceeding to make some re
marks in favor OF the Joint Stock Of carrying
Internal improvements, preferable the Slate sys
TEN, which produced general scramble for the public
money when without concuding) he gave way TO
! Et,, ntrhn ihnl ODD