Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1842-12-08

had time 10 read, but which, from its unusual hreyity.
take to boa Sensible papey-wa read and ordered to
be printed:
ENEerrIyE DEPARTMENT
December LIST. 1872. !
Feo,r C,ii,enS IF he Senate od Horse Of elcoofes
BY the failure ote last Legislature 10 it'll the Office Of
Governor then vacant, the duties Of that Office deyuIy
ON me. and IN pursuance OF one Of those duties now pro-
ceed under the requirement Of the Constitution TO call
your attention to the consideration Of such subjects as
deem eXpedicnt.
Whilst there are many topics wlc! | Mich, discuss
aud pFescat 10 your consideration vet there are only
few subjects which deem OF Sufficient mapnitude To or
cupy large space III communication Of this character
and IN relation To these, even, shall be as brief as pss
Die. 10 ~ 90 P''''
In relation 10 all merely local quesiions Won being
'fesh s' The people, know better than possibly can
'neiT wants, and am confident that with know cdoc
On o "'"s g" ihe people, need not urge upon YOU any
Speehe course You and are alike erepreseniatyes and
See"'s OF 'e people, selected by them 10 do their bust
ness and i'beo us either carry into Effect thorwsh
rs or 10 return 10 them the ucos we hold that tpv may
oc ''ieu ny such persons can consistently with their
sense oil right, confirm their actions to the views If tho
constituency u any other theory than this be adop,ed
all proper restraint, the representative IL DESTROYED
~. f's'o' u'a''ia :" ue!h8 sovereign. become the
mare tools Of political aspiranis
:" '''ie Vi proIhnd peace, which has continued for
many years, with abundant crops daily DEVELOPMENT
o. ne" sources OF wealth, and pclhorc condition Of
G1l VOC fr1pf
~ involved IN debt and property of almost n, snrIs ro
auceo III value and he credit Of the neope and states
nearly aanhila,od i' INV ~
ne question naturally presents itself, why is this
, ''', VI ,h'n3s' ana by whose agency has it been
Prouneedf Our czcns. being all divided nto nali,ic,
parties, charge each other with bcmr the c,use and
am very much inclined to believe that in this there is
much justice
IL we io"k abroad fsr solution we can find nothing
in hc history OF the past from which we can draw Tho S
aid. Look 10 England, te which. pcrhans WE bavo 40,
cisoined ourselves 10 look much already and what
Nv "os,'' "a halfon with mnea! and agricultural re-
sources hafdiy exceeding Virginia. with public debt
ais' twenty times large as the debts of he Federal
ana oia,e Governments altogether borrowing money OF
any u the nations OF the world without ditlioultv at
..om '"o u lirer per cent ntcrts-whst our Federal
Government finds great difficulty in BORROWING small
'uhs al SIX per cent and the Stale Governments cannot
even oorrow on Ms good terms as those will now nro
e'ea 10 point out What conceive be the cause Of our
present embarrassment aud difficulties and in doinr so
shaii DC very PLAIN as am writing for the whole Com
monwcalth and not for party.
In booking INTO the past legislation Of the Federal and
,''s' VI 'iie olate GoyernmoulS think see much 10
nave produced the present condition Of thos Anon,
Ieoo, both the Federal and State Governments We're
e'ea1 oi deb', or very nearly 50. Our own VIRGINIA
""'a no'hns CT importance: the receipts into the Irca
snry were abundant, more than sufficient TO m,c fire
1ena upon H. Thus things continued until about
ioo, wen he receipts into the Treasury We're 81 much
,T '""' me demands upon it, that the Auditor and
feasorer then actually advised a reduction Of the
"a; ABOUT ms lhe the Legislature entered largely
"'o inc spirit Of Internal improvements which had
oeen as II was thought fv tested by some Of Lor s;e
u, ,'eS' ana Promised most glorious results In 1882
n.' Incorporating the prcse lanes River and Ka-
"a Co"P~ny ssas passed, and several Railroad
aht' ,i we're either incorporated surveys ordered
'' mo same time. The State took stock in most Of
r COMPANIES, and appropriations were made i, aid
we chesapeake and Ohio Canal, besides many other
~ 'n "o'hS' IN the course Of few years. arpe sums
70 o,.ay nad 10 be raised by the State During the
i'se o' me Internal Improvement fever there ,yeTo i,
,, 'gsia'"tr Two internal Improvement parties one
ucn larger than the other both equally ,csirors r
'"'PosnS lhe State. he lareer norton nf ,le nary
wire headed by gentlemen cf the first respecabi,v and
orL 1a II. 'le o'ate generen who had devoted much
" e t'ihe to The Investigation of the subject of In
'."a' improvement. They always ready to DO
w any ih'erhal Improvement scheme and tlp, were
f 't"" money 10 any amount. They had sails.
.r themselves, and abored to convince others and
@ i y hi me State, succeeded too well in dono
So 'ia loF The State 10 borrow money fer Internal Inn
PioVements was for her To Gcrr ma riSk ,s rho i,,
'ess would yield a revenue as they nrooressed ado
iu'c 10 meet the Interest on the loan and ne soon ne
t'ee' would yield income enough to pay both prjn
ins;sta II, ''''s'' lie smaller portion Of the rartv
''oeo mat The revenue 10 be derived from tire v,,l
~ an unfinished condition, were loo ,r,oori y, La
L, u, "lo" 10 meet the interest upon tho oeps AID
h,ll - '"Hht 10 be increased to AT lie: st the pro-
,,nc,,a. upon the Treasury. Their ARGUMENTS
,to- , f'"''u ilstllicIeut To convince and loan
''e' 'o'i was made without any means be,n nn,,;d.d
w 'ee. 'ne interest annually or to cav the prncinaI
when 1t should fall due. !"' '"0 p''"''i''
e 'e foregoing means, debt an1ounlinr T., ,ho,t
80" millions SIX hundred and flly tbonsa5d do,rs
1s created, Of which individuals in ,Io S,,,o h,,J
- '"o millions six hundred rbousnn1 ann,rs ,bo
Tins VI ,Ne State about seven hundred onJ eo,,or,,,
,l 'sh Goiiars, three lurded and ff1v iborsord r.
:n, - SIC temporary lean, and the State md State
dollars. i moou enc million four hundred thousand
yen,y h al SDoui four millions seven hundred and Sc
citizens p collars Is owned by tie State and her
Sta,es m. ~ eiizens Of Other States in the United
aud fen ,c biS,rei Of Columbia about six hundred
lm5oS.,d dollars IS held and about two million
i, "u,'p'ou Thousand dollars the la,auce of orr ,
and S., " suhiecs ofGreat Britain. France GERMANY
stool, 'Acfiand The State owns Of PanL and o,lcr
l,rs out Twelve million five hundred ,borson1 dJ
durinp Inv internal Improvement debt of the State.
hnndfe1 l"st hscal year. WAS increased about thre
drod ,S e my thousand dollars of which to HIM
River .", MY thousand dollars was loaned The lanes
sand ,oll,r a"a" a Company, aud one hundred ,hou
Public W." c balance. was paid by the Beard Of
entered ,,n IN compliance with contracts previously
iature u'at boarl, under direction of the Icgis.
the unos en The debt Of the State and It's resources
with ,ba naturally presents isefto one unacouai,teJ
,ea,l tac's, how is it HAT State ,y;L ,asa"roa
shop po"oe It's liabilities independept RI an
II, ma raised III lis financial condit;un
'h Is I pain one TIM interest ,n.n tie d,kt