Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1843-02-02
.y ,w THE DEBATE.

-~fIrC AN
ihs 80 IN i, before our readers the three
ten ar,,cles against the passage OF stay law
io"' r5 the fredericksburg Arena anu 'he o'l'e
enc DO "Ablncdon Banner III the So".h"es'-a" :.
ron ' CON, The Northwest extreme OF The STATE IN
the 'hifa ,,s Of the "Wellsburs Transcript Brooke
Il county r,v,,w
-, ,,,, sand nothing with regard to STAY Law,
""e ,'.,,se from the first in,rcdncton oil apropo'
sH'' he kind into the LesIsiaiute we nave htio u
sV h;cber estimation than one OF numerous P'oleo's
70 no - p Ia be found obs,rucung the business ana
eSe " time Of sisat,se bodies The tichmond
consi .rver DO not regard tie proposition 10 pass
i P'es en- hoh,ly. and we avail ourselves of the
s''' ,,oruni,y to enter IN protest against It's
r,f''". The difficulty attending the collection Of
7a's'L INST now, is Stay La,0 enough
noneE' !''' Fredericksburg .qrena
We rather think there will be no Stay
.,.J-and with every feeling of compassion for
Ia" go think II ought not. 1t would do no good
ne e''''t4,tl make matters worse in the end.
-.a' f'0'@ [.4tingdon Banner
,rrsE appears now to be engaged in
81 .c.ss,on on the state of the finances; and
I'0"n. If lqaida,ing the State deot IL proposes
Ws ,.ss the taxes, and TO create SinKing funa-
~ measure, however, has mol YET assumed uei"''e
ssa?c. s,a,,J,,, md so,rs Gar :,
i,,r have been submitted, but 1t is doubtful
y'"''. .nv Of them will ought to pass Such laws,
N'' r tried. have always operated inJuriously as
""' tho debtor as the creditor class OF The commu
"t f- in the same proportion That the difficulties OF
my ln we increased, just in the same proportion,
e'b,o, N n greater degree will litigation also be
'f s'''f and The cost of collection, TO both parties
hs'S" apgmeu,ed because, the moment you
a' dow obstacles in the way OF the creditor, That
Zen, he viii begin to press his debtors 1ne Delay
p.> NH be substituted for the indulgence OF Inc
% ~. and Inc longer takes him 10 collect ms debt
~ ~ N s
lax .i,.,ss .! Il re the result OF Stay Law
anu ''"'' fIeUstarg Brooke Co Transcript
~. u1,.,psc,;ot' gives whole arsumen; in nut
80 I, - n lash Of lght winch shows what little
-r ,,iI b, impaired even to the debtor class OF tue
,nIn,tv whom they profess 10 serve, by the pas
Ut STAY Law. In fact, the operation OF the law
,t,,},;ed 10 defeat lis own purpose.
The Debate upon thus subject was commenced IN the
II ~ d on Tuesday. We shall try 10 publish all the
n, - n full or as many OF the speeches as can oe
.s,,r.ed without, doing injustice to the speakers. The
LIVING article FROM Yesterdays Compiler gives a
s,y, cue rieIr Of the Debate OF The hrsl day
urry STAY LAw-The question OF the proprety OF
.yaiua,ion law, law staying executions on Judg
,,,.s was under consideration in the ii OF Delegates
ys.;srl,y. Mr. Daniel, Of Prince George, made a
.,o >oeech against the measure, and was followed by
81, Edn.unds of Halifax the same side, VINO mace
avery able speech, aud deserves great credit Tor lhe
manly and forcibe manner IN winch he pofFayeu ui'
rv.l IF Z
interests of the State upon the credit OF cur eIcahs
csss-s and upon the credit oil Virginia Tue very
concise and has ty absrac, given IN our egsaVe
sfards the most imperfect den OF ms speech ne
allowed BY Messrs Brown OF Preston ana iaVehhef oi
u.,ytor and Lewis who for relief, out uisapproFe
,, orgina bill They propose substitutes OF their own
Vt Brown is man Of good strong sense, ana IS
3,rs d. bater but lie appeared TO disadvantage from
i,c lamcness of his cause. Mr. Tavenner abored un'
70, me same prejudcia circumstances; and though ge
s.,ly impressive and argumentative, he labored and
hundred very much Yesterday. The fact is, The ar
oceut; aye so few and fimsy in favor Of the relief
ss,.a tia. ther make IMPRESSION aud seem to be
~ae IS soon IS the speakers yoces are hushed. No.
Iir- RI, notwithstanding but artiul appeals to
snoa.h,ps can carry the measure The weakness, not
~. sufty sense OF the Legislature, i'll pass it, If
olssps at all aGd that i! w not, we think now most
probable
~, Keen made few remarks in favor Of indeh
,,y postponing the subject, in the course of which
he fged ms PROJECT fora suspension o! specie payments
s,,t sovereign remedy 1t Is, indeed preferable every
way 10 Stay Law, but either IS most soemh'y 70 DC
deprecated
The one n;nc speech OF Mr.. Daniel o: Prince George,
,s,s. The s;tay lw vas in fine taste Bu: the speech
q ,i Edmrnds oil Halifax IS admitted on ali names,
D J., the aesi speech delivered during the present SEES
,on II wes mastery expose oi the m'schieVous con
.sqacrces Of Say awconirmed By the cieares' sta
is,,cs and supported ~ tine s;rongss! arguments IL
,rl jsent INTO the hearts Of the House; and we have
Lea,L but one opinion expressed OF by all the bye
,,inders air. Eamunds owes II 10 himself 10 report
and we hope 10 have tine pleasure OF laying before
oar readers in .4w DAYS. One argument particularly
s,r1ck on, attenton-ha, II might be easy enough 10
pass STAY law. bat would be extremely difficult to
-, clear Of THAI there Signs Of returning
prosperity which would Justify us in the calculation,
that il con! be repealed az the end OF enc or t"o years
indeed who could predict IN how many years tina, the
anosnt Of deb, @ould only increase with the delay
cg ~ fait rSpl na
eyoscted 10 improve in tie pfopoEton-and that
the very pressure OF Tie debtors would increase tie
u4nic-ani thu panic wonld operate with addiliona!
M,ce 70 prevent the repea! Of the law.
S. ;ir Leake % Abemarle yesterday commended IN
Ais excellent speech, when oil this property came 10 be
odd under thu suspended executions 1t would fall Ike
an avalanche upon the m3rket-so much property would
be SOLD that the prices would be greatly Tecuced-new
c-es Of distress would be raised and powerful appeal
would he addressed TO the Legislature for continu
aacc Of the Stay LswThns the distress and the Stay
las would only operate upon each oher-the Stay
Act eo!inuirg the Distress, and the Distress reproduce
ng the Stay Law. In IA word, II we may apply The
tate old adare TO The caSe "An ounce OF YTerenee is
worth pound OF cure
YesterdeGs Oc5ats.-The discussion was KEEP. up yes
e.day ~ Mess-s. Bocock % Buckingham, IN favor OF
Il SaU Lcr-ty Alessrs Frozer o! Augusta, and Lrake
Of A.bemarle against it-aud b. Mr.. Cowan Of Rus.
sell, favor Of IL The argument on both sides was
kept up with much ingenuity and spirit-but we are
happy see, 10! too long deliberately wire drawn
No question was ,aken--and Mr Saith Of HARRISON has
'ae floor lAs morning, in behalf Of the Stay Law. The
question will p,obab, be reached Today, to morrow
We should hope, II viii be taken in this days session.
Tie signs are favorable 10 the indefinite postponement
Of thc whole subject We have every hope, that the
S9y Lac viii be stad-tha the relations between Gre
dior aad Deblor will be lett undstu;bed-ihat Nature
win her MS m'dea,rl wil he permitted to exert her
sa,Q'ary inlueace-,h1i no qaachrish panacea will be
attempted Flint the Patient will no, die Of the
Doctor Such are the signs at present-and such, we
aye assured will be the denoucmeat CT the business.
lNronrAHr FIytyoIAL OeEEArinS.--Wc are pleased
- have II IN cur power state, ha, the balance Of the
loan authorized By Congress, being somewhat more
tan three millions Of dollars, was taken at Washington