Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-03-16

Pennsy vana ohce witnessed. She too was the c'e
of passing a revenue BILL but some flaws found ID
il. Sore objections made 10 it. 1t lost, and no
new bill passed. And wha, became Of her c.cdi!'
Gone, and the Keystone State with all respect be II
sadly stands dsgraccd.
desire further to sny Mr.. Speaker, behalf Of my
colleague and myself, that this bill is obnoxious
Justly obnoxious 10 that section at tue State in which
we III part represent; that 1t operates unequaily and
stly-that there strong objections, which have
developed in the progress of the BILL to which will
not ugan revert II is sufficient for know that the
question is materially changed since lis engfossnent
and To refer the whole matter back To the Committee
nr trust 10 the introduction of bill on the respon-
sihiIy of a single member, 10 deit at any increase
OF taxation The temper and feeling of this House,
the various sectional peudces reused the progress OF
debate, the variant conflicting interests and diversified
pursuits Of the citizens of the largest State in the
too fully demonstrate this But "a refuse 10 supply The
deficiency IN The Treusury-lo fail meet the interest
on the public debt, is practically To rerudaieo SINK
the credi, % he Stale 10 the lowest condition, and cove
| The Commonwealth with nlamy.
! | ofk leave 10 address irw remarks 10 those gen
emen, and the rsrreseG tatves al those counties, vine
have heretofore supported The cxravagant ind vsior7-
| airy schemes OF Internal Improvements which have
brought the Treasury TO its present deep
and rendered these additional burthers on The people
necessary. The representatives, from my county have
ever opposed those schemes and every increase OF
the public debt-they have most earnestly and re-
peatedy demonstrated against them-they have derived
no benefit from the vast outlay of money-and heavily
as they feel the burthens OF additional taxation, they
feel still more sensby the necessity of preserving the
}honor and credit of the State! But how it with those
who have forced upon this heavy debt; DO they
come forward to share this responsibility? Alter
mourning the debt, they willing TO aid in lis pay
men: regret 10 perceive many OF them shrinking
from fair and Just responsiby-aller voting
for the Internal Improvement bills, and running
up enormous public debt, then refusing 10 lay
taxes pay the interest. | call upon the gentle
| al Ih,
Little Tennessee-upon Tie whole Internal lui-
provement party-upon every member OF this House,
and the representatives from every county which voted
to the public deb,-now 10 come forward, and
share the odum of raising taxes What excuse can they
give TO their constituents; How they face the
country with bankrupt credit an impoverished trea
tnIy the honor Of the State arnIshed md every de-
pnrment of credit commerce and industry paralyzed by
their insirunienality They may be able TO excuse
themselves &c the country. do net feel tina. II IS proper
irr lie incur the rlsquc, however objectionable
the bill is. | must. therefore, support The tIli'
| fearing We get other, and hoping that The
next session of this Legislature will adopt some
fair equal nd yaorem system OF iaxa;ion bearing ALIKE
every section Of The State and every interest and
speces Of property, proportion to the ability 10 pay
II IS too late now 10 remodel our whole syslem--ioo
dangerous 10 trust again 10 the sra oil uncertainty
when should be at home attending to our Panta-
;ons. Let those who have dragged The Stale To Inc
brink of reputation, take that they do not hur
her down the precpice Let those, who have sunk her
into the Sebonan bog, put the shoulders ct Hercules
| 10 the wheel and push II out.
i Mr.. GooDscs being appealed TO, would go Tor The
bl especially his friend from Halifax had come out
nobly in it's defence lie appealed oil The TRENDS
of internal improvement; to put their shoulders 10 ii'
wheel; and, sp. OF true patriotism, come 10 The
rescue of the faith and honor OF the Old DOMINION
Let there be no question of Eas: and West al the pre-
| sent tn!e-iet all meet together on one NOBLE
| ground
i Mr.. CRrrcmrIElD had been always in favor Of in
creased taxalion and should have gone for bill hich
would raise revenue than the present: THIS could
have been done in twentyfour hours. lie was opposed
to this BILL because he thought 1t would prove nope
ratve Moreover, there were some strong objections
tsuch as taxing State stock, &c., which he could not
get over.
Mr. RASpoLpm. Before the vote is taken upon the
frs, passage Of this b it my duty 10 present 10 this
House and 10 the country, the circumstances which
Induce To urge It's passage. When we arrived here
on the 7ih of Decem Der 1s, found tie financial
emtavrassments Of tie State and the prostitution of It's
credit in a condition hitherto unknown IN "nr history
The sum Of = $50 ih3 ~as due and demandabe al The
State Treasury within the current year 1918 the
loan bag exhausted the bonds OF the State were
selling the market at public out cry al So % IN
the lO0-221 per cent dIscount-and u tax system
yielding from all sources, the preceding year, scb.,
900; leaving adcfcency of means, 10 meet debts due
and demandabe within the year, Of SOL 1853 Nine
days after our meeting, the very day on which the
sherIfs required 10 pay In The revenue, de-
mnnd was presented at the Treasury for payment Of
$3.50, 600, being the excess Of expenditures over re-
ceip.s, By the three last Legislatures and, The
! lst of January, Sll 800 certain bonds,
amounting TO 81 4U0,00 which had been guaranteed
! By the State in 1899 and the face of which, The
Treasurer had been required, by law, TO place
his official signature the solemn pledge of the faith
Of the State for the "punc,ual" payment Of the IN
terest, and the ultimate redemption OF the principal,
with an annual interest account, exclusive of these
bonds, of more than $4,000. To meet these en-
barassmen,s, the following have been adopted
A loan from the Banks of $4,000, $4,000 OF
which will be payable this year; and, in 1874, 10
and '46, S275,00
| From payment Of license tax in June, $4,000
BY payment in stock Of certain engage
nenis for Internal Improvement, 81 703
! Nett proceeds of increase of tax on lands,
| lots, slaves, horses, and coaches, - ,3G7
Nett proceeds If increase merchants
! licenses and new subjects, G7,000
Nett proceeds Of existing taxation and
other resources, sGs,O3O
Si,4l5,l00
Demands on the Treasury for the year lsi3
! Interest on the Public Debt, 500
Ordinary expenses of Government, 457 900
Debt due TO Banks, December 10,
! 1919, $4,000
Due account Of appropriations
10 works of Internal Improve
mcnt 1903
Paid interest on guaranteed bonds,
to annuity Of old James River
Company, 500
To be paid July lst 1885, $4,000
To meet charges and fund Of Inter
i Inv