Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1842-03-24
Ty,sd1u ifDrrL 10.


A communication was received from The Senate tina
they hac passed the bills entitled an act relating TO the
School Fund OF kanawha and Fluvanna counties; tar
lcgislating contract for the exchange OF certain
lands therein mentioned, and for other purposes; ant
that they la also passed The bill entitled "an act TO
thorize loan TO the James River and kanawha Com
pany; in which they request the concurrence of the
House of Delegates.
| On motion of Mr.. DRoADus, the amendments were
| laid on The table.
i bill for the further prote Of worshipp'ng assem-
bes was read a second time; thereupon motion wa:
made BIZ Mr. MclfHASEY to amend the same; and on mo
ton Of MIR IorKISs, the said bill and amendments were
indefinitely postponed.
Mr.. GoopsoS moved 10 reconsider the vote by which
rejected, resolution nstructlng the Board OF Pub
lie Works pay the State subscription to the Buffalo
Springs Turnpike Company, authorized by the act Of
14,h March, 1899. Agreed to-aycs %, noes 40
The resolution was then adopted-nyes 80, noes %
LOAN TO MEET GOVERNMENT EXPENDITURES.
| A bill nppropraiing The public Revenue was taken
up on motion Of Mr.. KINNEY, and read second time
The fourth section authorizes and requires the Ex-
ecutive by and with the advice Of Council to borrow
from individuals from the Banks, pledge OF Bank
stock such sums of money from time to time, rs may
be necessary 10 meet the public
the Banks TO loan such sums, and provides that they
shall be refunded the 18th day Of December next.
MIR. CIuTcHFIELD moved 10 substitute tor this sec
ton provision that the Executive borrow, under the
advice of Council from time 10 time such sums oil money
as may be necessary TO meet the public eIgeEcies not
exceeding three hundred thousand doiars al an interest
not exceeding screen per cant; payable semi annually;
one third of said loan shall be repaid IN two years one
third three years and one third IN ve years. and the
Treasurer shall issue bond bonds for the amount
so borrowed. The loan not to be contracted for at
less than par value without The consent ana uIecoh
OF the Executive.
Mr. HotLFMAs offered an amendment, providing
that before The loan authorized TO be made, shall be ac-
com pshed the Treasurer shall make sale of so much
Of the Bank Stock belonging 10 the State IN the Ex'
change Bank the Farmers Bank and the Bank of Fr.
pna as NAV be necessary 10 meet the public exgencIes
nyorided, that the stock Of the Exchange Bank shall
not be sold at less than $50 per share-the stock OF the
Farmers Bank at not less than S75-and The stock OF
The Bank Of Virginia not less than 500 per share;
and the said banks shall be authorized TO purchase and
hold for their benefit such amount OF Their stock
no NAV be sold by the Treasurer under this act.
Upon this amendment debate arose.
Nj Ho11ruAy advocated the policy of selling State
stock the Banks as preferable 10 gong IN deot al
sacrifice lie contended that it was not the policy OF the
State tn 20 in debt any time and especially not upon
such terms as that proposed by the proposition oil the
gentleman from Spottsyvania. He said it would be the
interest land no doubt that policy would be adopted oy
the Banks if bis amendment passedD OF the Banks TO
buy The stock thus thrown into market.
Messrs CRuTcHFiELD, BRoADUs, STRoTnER and Nc
n as opposed the amendment 1t was contended that
the scheme Of the gentleman from OF W. could mol DC
carried OUT that large quanty OF Bank stock cou!d
nj sold MARKET tnat q loan COuu bc madc VI hG
Banks on safe and advantageous terms as heretofore;
tina, even if the stock in the Banks could be sod was
had policy 10 throw it into market at this time
| The amendment Of Mr.. HoILEMAS was rejected, as
follows
s-hessrs Holloway, Harvie, Cox of Bra1ton
and Lewis RGdick, Harrison OF Is, Jones of ias-
kins Samuel Cox Of c. Vaughan, Guerrant, Carroll,
Spencer, CLARK, Watkins, Huilemun, Davis OF \. and
@. Dabney, Cendenin, Holladay, Marshall Banks
Martin Of NJ, Dggs, Boyd, Scott of NJ, Lyon f'tz
gerald, MPherscn, H'ner Wallace OF T., TOXINS sh
R, Cowan, CULLEN, Gatewood, Crawford, warren,
Bowen, and Buck-45
Naes-Messrs soulhall, (Speaker,) Riyes, Brooke,
Mayse, Wing6eld, Hunter, Newkirk Jones OF b., To-
Ter, Moore, Nown Apperson, Cardwell, Broadus IT.
payne. Woods, Early, French, Robins, Erskne, Vance
Puph Thompson, Mullen, M Rae, Bowden, Moer,
smith ok, Taylor of l. , Mclhaney, Morgan, Har'i'
SON of NJ Caperon, Davis of NJ. and p, Orrick liar-
rell Ethe.idge, Watts VERIFY, Edgington, Keen, Dey
Grimes Brown of p, stroher Daniel, Leyburn, late
Crnichfeld Ford, Martin Of T., Goodson, Mayo, Ain
cbeloe, Armstrong and Leflwich-59
| Mr. CEuTcHrirLD's motion was then adopted.
| Mr.. TAYLOR of Loudoun moved 10 strike out SOU
| TO the Vaccine Agent, and insert $500
| MIR VERY opposed the motion, and pressed the
claims of the agent to $500, which he said was not
viii, too much. Mr. IRVING commended that the law
defining the duties the agent also defined his pay
and the House had power TO refuse the n sum SO
long as the law remained unrepealed. Mr. GRoADts
also advocated The sum Of $500.
| The motion then rejected.
PRINCIPAL ENGINEER.
| Mr. EEsKIsE moved 10 strike on. the appropriation
10 the Engineering Department. and thereby abolish the
office of Principal Engineer ofthe State.
Mr. CRuTcBriELD opposed the motion, and SAID u
wos remarkable that he an antnterna improvement
man, should be sustaining the Engineer, whilst an
Mira internal improvement representative was endea
rornn TO abolish the office. He inclined 10 thlnh
this movemen mt directed the than the otfce
Mr. ERsKisE said no. He wished 10 abolish the olce
Mr. CRurcurrELp said he was aware that the Eng
had not pleased the friends of Of the nterna
Improvement schemes, and particularly the James III
i ~ mart be-