Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-01-08


the supply of the requisite funds In determining what
additional subscription shall be made by the Common.
wealth. II should be remembered that IL is not probable
that additional subscriptions can bt had from individuals
SO that Tor any amount beyond what might be paid by
the State upon renewed subscription, the Company
would have TO rely upon negotiating loan. And II
rests with you TO decide whether in that view oil The
1t be exPedent for the State take whatever
additional stock may be found necessary rather than lo
permit her large interest 10 be made responsible for
loan TO be negotiated by the Company-The effect oil
such loan being 10 depecate The value of her stock
and 10 expose it 10 casualties without any compromising
advantage.
regret that am unable 10 refer in detail to the ope
ral OF the Company, and lis future plans for the want
OF the report Of The Board Of Public Works; and leave
The interesting subj ec TO YOU with the earnest hope thu
may compor with your views OF public policy TO devise
the means OF completing the improvement within an
early period.
Public opinion, as well as the advantages Of the im
provrment, strongly recommend the construction of q
Railroad from some proper terminus IN The East 10 The
Tennessee line. II must be regarded as all important 10
enable tile State 10 participate in the immense and grow
ing trade of the Southwest II would furnish TO an ex
tesve and fertile district of the State rich in minerals as
well AZ fertile. that cot Oft from the Eastern ma r.
kets by lis remueness and the difficulties OF access IN
cty that may be said to be almost Indispensable and
would at the time command the transportation oil
The merchandise and the valuable products OF East
Tennessee, and of Upper Alabama and hlssIssIppi.-
Whereas, If The improvement be not made South west
Virginia, as far as Wyhe county, will be under the ne
cessIy Of looking TO the South and its productions
along with those Of the States referred TO- will find
outlet in that direction. Improvements have been oil
ready pro eced in other States which will forever de
prlve Virginia of The invaluable trade that would be
commanded by railroad TO the Tennessee line, If she
surenders 10 their superior enterprise and energy, ad
vanlages worthy of calling into exercise her own
10 the undIsputed utility and importance OF the I'M
provement in question, should be added The impressive
consideration, that it could not fail to yield directly an
adequate return upon the capital invested It's consuc
ton. That would seem 10 be the certain result OF the
travel, well transportation, Of which it would be
the avenue travel TO which it would be difficult 10
assign limit, will be perceived upon referring to the
lines Of Improvement under way in the South and
West and 10 such works the part Of other States,
as it would unavoidaLly call into existence.
Strongly impressed with these considerations, ear
nesly recommend again the Improvement 10 be undena
ken on Stale account.
The completion of works Of Internal Improvement
now in progress, as well as the construction oi such
others as the General Assembly may desire to under
take State account, involves the necessity Of resort
ing 10 further loans The needed will be 50 large
as 10 make II obviously proper TO attend to the parcu'
tars which will secure the full benefit Of the high and
undoubed credit Of the Commonwealth. Our nego,ia-
tons hitherto have been conducted realize
probably that result Instead Of relying the sale of
certificates OF debt the Treasury office, il would,
think be advisable 10 offer them in markets where capt.
tai is abundant, and public securities sought after; and
10 commit The negotiation 10 an agency mat could be
relied upon to bring them advanlageousy into notice
and Furthermore, when The terms would Justify it, 10
make the interest payable abroad and perhaps also the
principal The additional price that would be thereby
obtained, would, have doubt, be than cqui
vacnt for any risk from The fluctuations in cxcbanse-
The most ample provision, should, Of course Be made
for the payment Of interest rs it may
The Stale debt is So 255 so, to which may be
added the of $l4S 300, that The Board of Public
W Works is required borrow, and which may expected
ba nh, Ia Tnrc hat
are authorised to be made certain Improvements, If
they shall be made, loan Of 32OO2O will be neccs-
snry that the aggregate Of actual debt and the add
tons thereto contemplated by existing laws amounts 10
S9024 10.
The annual interest upon the actual debt, namely,
So 255 $50, amounts TO S297 93l J0-of which, after the
application of the revenue of the fund for
Internal improvement and Of certain dividends and in
tcrest loans towards the payment thereof there
mains the Of Slc529 30 10 be provided for Out Of
the Treasury.
refer to the report Of the Second Audor FOR
detailed statement OF The Stale debt
The improvements under way, and others that are
contemplated are Of SO expensive nature and imply
the borrowing large amounts that the utmost caution
should be observed 10 guard against undertaking any OF
doubtful genera! utility, and 10 introduce the most rigid
economy into this branch Of the public expenditure.
The large payments required TO be made from the
Treasury 10 NEE the interest Of The Stale debt i'll
the revenue 10 fall short Of The approprIatons-aDd
suggests the proprety Of an increase Of the taxes 10
provide for the deficit and 10 prevent the recurrence
thereof hereafter. The report of the First Auditor
which will be laid before YOU will exhibit the stale oil
the Treasury.
| lay before you communication from The Governor
Of Georgia, transmitting the report and resolutions OF
the Legislature Of that Stale in relation to
cessfu demand made by the Executive thereof upon the
Executive Of Maine for the surrender Of certain fugi
tves from Justice.
The proceedings of the Georgia Legislature have re.
laton 10 the authority Of the Governor OF The State to
demand Of another State usillves from lis justice and
the necessity Of maintaining that authority in the in
Of crimes against property, committed by Sc
cre,Iy aud ielonously carrying away slaves
No authority can rest on better iuundatlon or he oil
more indspu,abe validity and It's enforcement against
this particular class of cuprits is demanded by consde
ra,ions which no Southern State least is at liberty &c
disregard The obligations Of obedience on The part o
the Executive addressed is placed beyond controversy by
The Constitution which formed and regulates the MON
We have recently seen the Governor OF Ohio yelC
prompt compliance with The demand Of Kentucky in
similar case. Nothing less would have comportcd Will
the resppns bities of his elevated station; and where
ever there proper sense OF official Obligation, and
yiruous and intelligent public opinion that refuses L
make Unworthy concessions 10 wicked spirit OF iana
cism and disorder unhestang obedience must atlent
every case Of proper demand. While decline to e1
press an opinion upon the course OF the Governor D
Muine all the facts Of the not before me- The
suhec, matter is that admits of no division of opinion
in the South, and as is be hoped nowhere wilhir
the Union.
It's my painful duty 10 announce The death Of William
Brooke nbrough, ESQ., one of the Judges Of the Court
Appeals By his death the Commonwealth is deprive
Of an highly able and faithful public officer, and society
Of one of lis most eslimabe members
a set Of standard weights have been received iron
the Secretary Of the Treasury Of the United States
it will be necessary to direct by law how they are to b.
preserved and the mode by which the weights now il
Use in the State shall be made TO conform 10 them.
Law before you communication from the Adjutan
General accompanied by the annual return of the mill
tia for The year ls35-AIso report from the SuperIn
,endanl of the Armofy, and accompanying documents
also transmit report and resolution otthe Legslat urs
of Conneccutrelurns from several Of the Banks, ant
a communication from the aboard Of Administrators U
the Charity Hospital at New Orleans
have received from the Governor of Ark ansas, cop
of n preamble and resolutions, adopted by The LegsIa
ture Of that State the subject OF the disposition OF tn
lands of the United States within her limits. This docu
ment was transmitted to me by the Executive Of Arkan
sas in compliance with one Of the resolutions, by "h'c
he was directed 10 furnish The Executives OF all Tn
States of this Union with copy OF The preamble ana re
a the beture .hCI