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

iect Of the BILL he felt himself called upon 10 offer some
remarks in opposition TO it. lie could not regard this
great work of improvement in any other light than as
deeply involving the interest, aud pride and honor and
character of the Comnonw wealth OF VIrGinia.-te i'd
ver,ed 10 his course al The last session of The LeGis!a
tue in reference to Internal improvements and averred
that this new conversion 10 the policy, many
gentlemen could testify. lie would be guilty OF VIC
ation Of his duty he conceived, IL he remained silent on
this occasion. lie would soon have thought Of with
holding his assent chad he lived in the days Of The Re-
vo.ulon) from the Declaration OF Independence as he
would now think of not giving his assent to the bill be-
fore the House lie maintained that full and ample Sc.
cuty was given the State for aid given BY il 10 the
Company lie entertained The fullest belief in the me-
rits of the measure, ard lie astonished that the
gentleman from Halifax should have offered such all
amendment, Us be had dome IL that amendment
should be adopted, the bill would be utterly de.
s,royed-eullrcly annihilaled Ne could scarcely be
lieve that gentlemen were prepared TO vote for this
amendmenl-lhe fleet Of which would be to intlict
wound upon the character aud best of the Com
monweaith. Surely they would not willingly do that;
but such would be the consequence Of adopting the
amendment lie, therefore, trusted they would give
their to it, Mr. v went into a statistical
Of the money that had already been expended the
work. for the purpose of showing that the State ought
not TO withhold her aid 10 feet the completion of it,.
lie commended that the policy and interest Of Virginia
pointed that course being the best she could adopt
He felt assured that If the work finished, the pros
pevily and welfare of the Commonwealth would be en-
HANGED by it, lie hoped the amendment would be re-
jecled
Mr. PErroS said he not for the purpose Of deIan.
ing the House with desuitpry argument, after the ex
ample OF the gentleman from T. Edwurd but merely Tor
the purpose Of expressing his dissent from the process
of aliocInaon by which that gentleman arrived at The
conclusion, that the amendment OF the gentleman from
Halifax should be rejected. That gentleman, he said
was in favor of The guarantee The part OF the State,
because he friendly 10 The jnnt stock system MI
Peyton favor Of il, because he was opposed to The
pint stock and in favor OF the State system MT r.
said, that there obquy IN the gentleman 5 rfa
sonng, that ncomprehensble 10 him, and he could
only account for II by his rooted aversion TO improve
mems openly undertaken by The State, and his love tor
those which substantially but hang out the JOINT
stock sign Mr. Z. SAID, that this joint stock SYSTEM
which commanded much Of The regard OF the gentle
man from Prince Edward, was the most insdIous une
DUAL, Ubiquitous and deceptive, with which an intelligent
people guided: system, lie SAID, winch had
been exploded in every other Stale IN The Union, which
had successfully prosecuted liberal and expanded sys
TEN OF improvements, and which, II persisted IN here,
would utterly defeat the expectations Of the trends ol I'M
proveneu this State system which has absorbed The
public runously leave doubt Of the u
innate bankruptcy OF the commonwealth, It's PeIsstd
in: system through which, the report of tue Auditor will
show, millions upon mliIvns have been exp"nded upon
the lines OF Improvement all OF which, taken
together do not afford per cent upon thu investment
system which has lived through age the cherished
policy Of the Stale, without producing single Ihonu-
crediiabie the enterprise or atlerng /" ple
of The Commonwealth. Mir. F. SAID he briieved that
lines of INSTRUMENTATION, exclusively on Stale ac-
count and 10 leave all The lateral improvements, those
OF subordinate character To be made ~ JOINT STOCK
companies Mr. L. SAID that long and expansive lines
OF Improvement would never be made II lril TO me IN
aided Efforts private enterprise he sources OF sp'
cua;ion he said, numerous IN TINS couhtry-the
objects whch invited capital and 10 which may be de-
voted useully and poftbly are So multilaIous, that
individuals unwilling 10 embark their capital IN works
which requires for their pleon and which from
necessity, requires the subscribers TO lay out 4" their
ney upon the remote contingent and doubtful prospect
OF being reimbursed after The works are completed Mr.
p said he would iorbea further discussion Of The ela
tive merits OF the two systtns as 1t would be necessary
upon another bull which viii be up in few days, to go
into it length, when he hoped he would be able TO
tsy the whole house OF Tie correctness OF the opinion
which he had advanced lie said he would merely add
that he Opposed the amendment o the genlcman
because It made this work approximate one step nearer
the State system II combined The faith and credit and
energies OF The State 10 secure The carrying cut Of
this great work in which the honor and the interests of
the Commonwealth are epy involved IL commIn-
giles aud Identifies the State completely with the work
inspire confidence IN he stock and Insure the uIl.
completion OF the line almost as !uy rs II II were
in name, what tins guarantee will make il in substance,
with very slight exceptions State improvement.
Mr. EDMuHrs Of Halifax said, he dld not mean 10 be
drawn discussiuu Of the merits vi the bill upon
amend of Tie sections He should c"nfne
himself TO the simple question before the House, whether
the State should subscribe three h'lhs Of the additional
capital necessary complete The work, and also guaan-
pete departure from the established system upon which
other works had been truc,ed, and he surprised
al the position Of some gentlemen this question. He
Should not be able 10 tell the very question: to
what. point OF the compass they would On one
day he told tina; the State would be bankrupIed by
continuing the subscription Of three ifths, and heavy
taxation would be necessary. On the very next, it is
contended that lhree-fhs BE- subscribed, aud the
State also guarantee the payment of the principal
and interest the other two fihs His amendment
had been called nsdiors attack the bill, which
would be entirely destructive, if carried fe did
wish the friends Of the bill 10 consider it, for, he
had Others and many Others Of far more importance to
propose, before that bi should become law he did
not know that there any peculiar sanct,y invaded
when this b! spoken Of: he did not know that he
treadng upon holy ground hen he approached this
subject. he wished the words of dslIng uished
statesman OF another State, "to d,fne his position -
He part the representative OF the people Of Hall
fax and he upon tina, floor to maintain their
interests liuugh the James River itself should sink
eternal perdlton.
NJ, Edmunds said, in 1916. compromise effected
beiv . friends and the opposers Of internal improve
ne' hen agreed that Two illhs should be sub.
scr whenever three filths had been sub.
ID the payment actually secured
| J ed to until the Incorporation
kanawha Company
.. ..,.. .... he old established
'ng only two
precedent