Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-12-05

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nor persons, judgments but the whole
monwoalth l. thoroughly cordially and ndiysibly the
IN the sentiment which conscerstcs them obligations
honour aud which, therefore, demands that they shall b,
fulfilled, aud fulfilled TO the Wherever the faith
Of the State has been for the payment monies
which have been received and applied under the direction
Of her laws that faith will be followed up and redeemed
matter what Inconvenience, and matter under
whose counses for what purpose of government the
pledge OF u was made. Aud every element making ur
the moral nature OF our people will have been corrupt
ed aud lost OF will be redeemed, and that in altcr
ing, huckstcrnF e1uivocatug SPIRIT but only the
promptly snd the willingly because OF the very no
senco oi eli positive humpn authority compel it, The
faith o. the state s necessarily and alone the law OF her debt
There l. no other law which regulate
force ~ and hence is whiche be checked but
by itself nor it, unlimited capacity for evil ever be eontro
ed but by preserving supreme purity il supreme
IN power That tins will be done in Virginia. early and
practical proof has already been Afforded proof cmbrsc.
ing both Legislature and people and estiying all who
TO know that the sovereignty and faith OF the
incapable OF any union with mprobity dishonour-
IL the policy Of the last legislature in framing
venue law to raise which should DO sufficient
uuguish within the present the temporary debt, is
called. which IS due from the commonwealth the banks,
and thus this buTthen from the
duRry charges against the treasury The failure Of the law
TO produce the whole which requisite for this
purpose has defeated this policy r the present Should it,
however, BE- considered wise and worthy be pro-
secuted ~ cannot but think 1t Is, not only will DC neces
for 10 continue the present range OF taxation, but
II may DC necessary also adopt precautionary
suros 10 future disappointment. Such
may especially be required in the of subjects OF
taSauon which hive yielded little, because, uneuesOna
bly, OF temporary and eStrinsc and which for the
most part ougho be made they be made strong and
healthy contributors the public burhons from which they
have been so long and 50 generously exempted
The temporary debt which here spoken Of
loans which have been made from the banks
70 the commonwealth beginning three wears ago.
continuing 10 the present dan These loans have been
snary passed through the form OF repayment every wear
from December 1870 when hCy amounted hundred
thousand dollars December 1872 when they had risen
up 70 three hundred and fifty thousand, the c5
purpose, and IN obedience law taking the December
Of each year mach Of the newly pad revenue
then on hand would pay up the banks their loans
the state and Immediately thereafter commencing these
loans aresh, and continuing them before SO again
IN the present month the three hundred and sy thousand
now on loan TO the state and due the banks. will be paid
up usual and such balance that additional
revenue OF the present will be sufficient
gsh will be borrowed agoin unless shall be though,
by the Legislature 10 provide for II otherwise.
IL was for the purpose OF arrostng this continual
resort TO the banks 10 repenls the treasury with daily
and u give 1t the independent command Whatever
were required Tor the pabc service that the present
nue. law already stated intended and tins purpose
would have been carried into successful etc had the eve.
nue. yielded according TO expectations and the been
renewed from the payment Of years her guar
anieed bonds Should the James River and kanawha com.
pany Tor whose benefit this years interest was paid be re-
CURED and be able without Injury refund it, should the
oNdenos OF the stsie stock IN the Bank Virginia be
ed from their 10 the ordinary smoun and the
rates and subjects OF taxation yield increase Of only
ha more than the already received from ihsm the
N-NHN
OF the temporary debt would eSye scarcely vesge OF II
behind at the end OF the present year. But revenue
one lett uninPsired by any OF the legislature. will
IN a. probability be quite sghc Of itself Cxtiuguish
this debt entirely within the present and the succeeding
year In the meanwhile, however, ii will be necessary 10
anticipate the iuncs which may be relied upon
ter o authorizing the executive, heretofore either
70" from Tie banks or 70 raise upon the credit OF the
some other form, such sum, exceeding hundred
TWO hundred and twenty thousand dollars, eNssiae def
c4eEcies may from ume . time require.
Af.srs tbna r,rcty
pcauons OF the revenue, will be almost superhuou to
say generally that diminu,on of can be recommend
ed rs al OIL compatible with the public service. That
vice. Whilst would well Justify IN Uf its branches
additional revenue, he properly conducted al pre-
sent with less one; that il the Legislature should
deem II wise 10 change in any respect L. NODES rates or
subjects % TAXATION will be hardly pos, ihir - contract IL
IN ii general range aad results wout nticng upon the
public interest, al come point soriou. G.sacyuntago-
There j. no one branch department. Of SITE concern
now resting upon the Treasury IT, support could
stripped Of without more or less ci disaster IL the b
whilst there many objects Of henecCnt influence ~
eeiSing little any thing TO which parental succo
could be safely and wisely extended. The commerce the
schools the administration Of justice and the police upon
which, for the part Of the State are now
expended, are all O them fundamental government and
cannot De impaired without imparnp an
ultimate purpose OF civil organization itself If 6rst ono
ana thea another Of these objects were TO be thrown as.
upon the ground that would be better 10 spare Them Than
me money which supports ihctn irrational mu!a9n
c'nH only result ~ the expensive and ruinDls economy OF
supporting Government incompetent II IT. ends And II
~ win Gsvcfume6' ts with every thing else intended m
human use, that cheapest and best which b5s answers
Tie purpose iIr vAc. il pt1y.5ed. Taking Il rirf
en taat you Wond be unwilling a5rd.c. IL any e.pec
me sH"i'ry action Of tie Government and that therefore
You nearby concur ~ Tho wSd I'M and Xpeeuce which
H'c 30 Ions presented ine general objects Oi civil
as essential 20 It's and the general good of the CON-
munity, take u for granted also that YOU will as heartily
concur IN providing these objects the which shall
necessary and sufficient them This you III no
doubt consider II duty do It's however no more
necessary 90 efficient and useful government &, maintain
1t IN suitable capacity for service than have that capa
cl suitably directed and hence the legislative duty which
oyeiOoSs the administration OF the means which il l. vet
both liberal and careful supply. but parti., accom
Plshed Whilst, therefor, You Htyuring 10 maintain
&c government - condition whieh v render 10 a bles
sln@ TO- The state and Gre yr I- purpo, freely extending
your demands l. tho properly o people, 10 would be
se-ona1le exercise % duty to look every branch Of tie
public service aat sec wLt ther the administration al c
be altered; whether would be practicable without pr
eng real evil than real good dispense vi any ex
lsing employment; to recGoh any eIsng allowances or
expenses, Introduce in any way CT Of any point
sticteT or sounder economy.
Whether the present Legislature will continue tho Don
oil taxation adopted by the last one not il IL obvious
'hai unless the burhens VI il distributed e. much as
possible they will fall with unequal and oppressive weight
upon particular Interests and classes Of property. Tha,
they should be 80 distributed a umc- no more indeed
tai Just, and no time perhaps could be- more 1T than the
present i1r converting ,- Principle II abstract .fce into
are made Tor E"y'rumCut aud which are applied 90 -
support are 40 tie very best OF them contributions
~" l' tI'7Hlr iflth ~ tr
that all should &c Contributors LnittJus Of exrrii,ncy
may be applied 10 this principle and bc made O., qualify s
opeTauon but there are lInIt4tons upon %. Justice
This, Ut least positive and unden1be. Taking it then
a. principle for application, and II follows that every ght
ana HtTcst 81 property, which n any wsy claim ~ r.
ce'e ond be entitled receive, tho protection Of govern
ment, or which be ttured nto tried and enforced by
law . iuir and legitimate contributor or subject Of tax
whether this night interest be Of greater or smaller
amoun - Of no consequence Whatever in principle end
therefore no Jusifsbe Of complaint afforded ~
any one, when this claim Of contribution j. extended o.,
the iuthercst limit which duo regard practical eff r
will permit.
To this view 81 lc basis OF ay1u7n may bc proper 90
acd. dot of the several modes by which oaeh contributors
share % the pubic burden is determined there IS no one
which upon Che whole, seems 10 bs sound 90 that which
regulates tho burhcn Jo borne the value o the proper.
IS which b'ars This nd vaIofem or valuation principle
D. true, is not entirely exempt from objections but they
ere fewer and fcbcf hon be urged against any other
mode-are teoreuc rather than Practical and amount
proof whatsoever that in Of isxotOn, there - any
other principle which establish equal and 50 simple
an adjustment Of equivalents between the government and
the citizen This principle has long been recognized by
our Laws BOO is application land, and for my thing Of
D.. 81