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

tnsus elects. -tsw that lie was ia,ls,c.el
'nendable zea g ihe hisg>S,s offis imnesisc c,,s,
ens, and by Ia! he deemed sou,I pol cy on ,he
u" COMPANY, an giving an easn.st Of is utcnr,.,
P'St1 lis improvement, On wards lis western ,,,;.
but he cat'not sow fil 10 Ila The interests - ~
people must materially suffer, So hug l. I,lue H..
'atnl remains In lis nreses dlapJaled cpndi.,,
while ule Prosecution Of tfie Impoverished we.>y,n.
IL asfoi ieep retarded hr many years. has ccr.a,n1,
not been accelerated lya movement hicI has inxnl
the Company in almtst nr1trcaIe cn,b.r :, ss.,a,
"hl" 1t has subjected It's officers ihe os unyo,,r-
81 'y be onfannded9 snspicio's and has aorded 10 IL,
enemies 9th inpuyeru the NEST formidable W.,
po'rs 81 assault both upon the improvement and u,,,
tilnse by whom il has been managed
he VARIOUS Propositions (ir Say and Valuation ave
were under discussion Yesterday and day in the o,
al Delegates, on rotun Ter ilei indefinite nosro,.
incnt Which hastccn, illus far, sasia ne by Mess.
Daniel Of Prince George, Edrnunds Of Halifax. Fr,xs,
Oh Augusta, and Leake ii A;emarle ana. ,pposcd h.,
Messrs- Tavenper d BraNlon, Brown Of Preston b.
cock OF Ruclag ham, and Cuven ofRussen The i'm
preston IS atthemoinior indefinite pcstponerneOr,iu
hi, though is oy namoa certain lecausei, wi uno
against IL the ad s0raos Ct all the various PROPOSITIONS
hr>fTft' HOW before The House; but il is not then
ofe probable that all who against the pslponemant
can be induced afterwards pvoic in favor of any one Of
nlose schemes, llhTesrong hopes lhai no lae viii bo
passed on The sljecl and at urc may I've allowed ia
work her own cure, wiihsut rfsurl 10 anyof lhoso
e'hmgfy TeHediai processes, which Will in liz end az
gmyal" the dist asc they are dceiuuptl To cure Inpreu
deliy Vt nv opposition 10 bs interference with .,ho
obligation 81 Contracts whrlcau rarely be safely touch
e" an the grounded "Npodency, deny the right Of tho
Legislature ot0erlsre in the relations between d,ta
OF and creditor created BY EXISTING laws. am aware of
'"ehack0e} ed afl msrnl based upon he sopisieal dis
elimination beiwtrn rights and rcn.difs bn il seens Il,
met" be more spacious ihansoid. What is conrac,
lis t0ly elements are lime and ouflount. Now mo ON,
WIN say, al'er has contracted pay B certain Sum
ior value receNed that he law ought under any con
c'iyabIe stale Of things, 10 ilorpsc reduce the a
""mf" HE stipulated sun, aliiough al the lime m.
money becomes due, its yalte Icing liable to tie sa m.
engages That Affect other commodities dollar NAV bc
worth ntrnscaly asmuch as two solars wee when
'he contract MIS- made thcre are persons who nil
admit 'laI His would be- wanton aud unrrhie,us
tSefcE" oi power on the part oft5e LEGISLATURE VIC
hhNe Of The Fights ct indiv iloas, and at war
with all the ends Of good government, WIG win
nevertheless ccnrid that ie Legislature may by DO
tract ing ne Ian" Of payment, egreod upon " lac
parues, ono, MO or I'VE Yeas, produce pecely tao
same, ot e'en worse restlE law should net re-
d0cc lhc a>0oisn ofcNstug Coutracrs neither should II
potract The period within which they 10 be cvseJ
governments were instituted nOt ,ytrre individuals
from the consequences Of tie ac,s hot to enforce
them 10 comply with engagements, which. having vol
untarly assumed they may seek to cyade Bur even if
The ri Oh tot he Legislature thus la inter,.re by Il sO.
cies ot Stale Bm'krtp Iau- in the af1.hs Of ndiyJu
as,-detra1amg class nt rhcir rights un.cr the De-
IHslve precMoI relieving. smother cIlss-wtre crca.
Ged. still should deny tho exTed:ency IT rcsor, 10
such remedies rs pmp,sslty p adyocstsollay and
Valuation LAWS. Lctsuyha law he passed and the in
mediate 'ir" wosldhe ac ll.inilcuuhpoai ofsuin
Every man having debts saO TO h.n- would a, once .st
tue sl's agan inst his debtors G Inc purpose Of bel w tle
first to sersre himself and the remote ELECTS wouil w
elisa Ious in lls-tha lie oxpiraoI of the law
when the Stay Bonds efi become due and When the
debtors un less miracle shall uccur viii he. ivs, AZ
lltIle able a they are 10 pay ihem of an unrrce
dsn'ed oFn'mnt Of property viii be thrown into makes,
al about tle satnc period, which alone will reduce u
value even below the I,rcssnt standard. Then tho
clMors Gr.relc' wall be lenfod louder han the, sro
novN-and the consequence viii he the utter min Of ls.e
Mho may NOW he relieved, unless 0noitor Stay Law
should be enacted ior heir htuelt and on ad irfr
t0'n- There arc many other consIole nations. indeed,
which Nigh lac urged 10 SHOW he apology and the dan
ger Of alb such Statutes bat they must readily occur 10
all rejecting minds, and will not lIie refc as well on
hat accsuHta that my s.ace fDr1ds. farther
then'nn hlscccaSi0n-sSpecally as am glad 10 say
my tsa Is Of the adoption oftha neasu e in any FORM
have almost entirely vanished. w-llbarely max como
ddlior al remark and /, is tItis, If Stay Iaw had
been enacted at thelast session ofthe Legislature wln
Iis aevoca les were yccllerUus tllcy and
equally AS sanrauo in thdr predictions Of It's beneficial
tendencies, what would have bccn he RESULT IN tw1
weeks o ,s tIUe Two Of tic tnstalnieIis ttsSta |
innds directed to he a!,rn by the bill hen before lhe
Legislature, would fall due Are the Teol.e any tenr
prepared 10 pay them nov. than they tweiyer.onth
ago! Noonc will pretend ia say 81, pen what
ground then, it lie autIcp scd that twelve months
hence they win lie better al lie gay cf lncr d1Igato"
ban they arc now2 Ii puzzles To- con ccture. TA'
dtSeesc oft country isn reduced citc:a>on. Villa
Stay Law rel leTlsh lis viansod yeius2 So fin from
they will be still iarjlle drained under its ccnf3ms
5fslroying inftlence- and BY the tempting field Which
ie STAY Bonds, Wtll secured, will Ortn 10 capitalist
10 divert heir money from the ordinary purposes IN
which onl, ii may be Iac=lIihhily employed, There +
not the rfnoost prospect that in or TWO years tho
value Of property will De appreciated and that tn" Fi-
c"s 81 produce viii be CHER hn they At III is OHr
And yet upon The faIaCOtls hope that such will BIZ ha
do he ad vocate= oithtse Rdiy mcasures" ashley
falsely called, base their predictions the leef4