Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-02-06

urging the consideration due the appeals TO q Re
stature and the distress which peyaild through The
couotfyand roeounng the beneiils that the law might
afford.
Mr. Frazier Of Augusta falloHed in long and aba
speech against any OF relief, aud Particularly
the bill /, fore The Iiousehoh the grounds Of ~.
consiiuuanaly and inexpcdieney. lie commended that
n proposed violate the sprit II the letter. Of The
tonsiinifen-brcause II would throw Obstacles m tn,
way Of the administration Justice aud rendered tedious
The process ol eulertaa Of debts. anl thus impair md
rcetly. The obligation acenraes.' On this head he
entered into eose aud logical argument, from which
he drducrd. that whatever facilitated the administration
81 Jasaer whatever nade II mnre efficient and gave
greater certainty to the enforcement If cnnracts was in
abedcHer 10 the letter aud spu 81 Constitution: but on
The contrary whatever threw mpedlmcuts IN the way
o those Objects, was al variance with the Constitution
Ils.lf
Mr. +. viewed and col.fard alan various a,ncc,s Of
Tie measure aad dwell VIII muc force up9n the effect
upon INC nhc credit Vt lnc easing the Obstacles to The
eoaecuon ot dtbts. He asserted n fact that Bal
iimoro merchant would sell goods 10 North Carolina
customer ur less per cent than 10 Virginia customer
-b.causc m North Carlul the lega! process Tor cullcc
ton Of debts speedy and certain. And agaln
that he would sell Virginia merchant goods al u less
premium than he ~uuld IN Northumberland Mary
land laws Imposed sill greater obstacles to the collection
Of debts.
Mr. I. ted who paid the premium ASKED for the
greater risk IN roecon2 The consur er. he answered.
lass the stay law aud the premium would be increased
t-hfcause the difficulty ul collection would be increased
and the public credit diminished.
Mr. i. was followed ~ Mr. Leake Abonarle IN
speech rife with common sense aud suund argument He
depicted cneusycy the evil results nf the proposed
pertinent. lie showed that iva years would not he the
in al lis operations Tor If The low yrier Of properly
The reason ul Is all pnn Il must continue until proper
" appncatcl value; aud under It's operation property
would moi Increase in value because confidence would he
impaired, and capital OF course diminished He ALLEGED
That, the man support 81 confluence the existence Of
laws for tn tei.nt enforcement olcontrarls take ihen
away. OF make tlem weak and uncertain and confidence
would BE- At once DESTROYED lie loo. opposed the nea
sure, becan5c II initiated against the spnt of the con
stiuuonlmpalring The obligation Of contracts by i'm
pairing the veof aud effect 81 laws existing at the time
they We're made
NJ, Ia2ier and Icalr both duet nron the renc
raj consequences 81 the m'asure-upJn The Stale credit
and enlarged u1ou the destructive CONSEQUENCES Of
sipontmc 81 debts, and The precipitation Of yast a
mount 81 property upon The market public sale at a f
turc day. They dsrrcdlod the assertion that Tho PEG
pie demanded such law-the petitions were lew In
consideration o the importance Il the mca,uc-and there
nothing n the least calculated induce the impress
sion HAT there any general desire tor such law
They dId not believe thai the people u Virginia wanted
such measure Nor do vel
Mi Cowan. of Russell concluded tie DAYS dscussol
IN humorous and earnest speech for The bill.
We have mol room 10 follow the debate. Il was very
filty conducted. The three first named speakers are
young men, and the present. their first session in The
Legislature They acquitted themselves very much to
their credit and established their clam 10 an cleva
ted position dehalers.
Air Smith, of Harrison, has the floor for to-day