Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-01-21
HOUSE OLE DELEGATES.

FKiDAY. Jan. 20, 1913.
Mr. DowDrs presented the Report Of the supeunsndan,
OF the Lunauc Asylum Williamsburg and ON hi. Inoion
I 500 copies ordered TO be printed.
RssOiufi0aS.
BY Mr.. TANzEY That the Committee of Crie vance, en-
9ue into the expcdieney OF giving further powers 10 the
by Mr.. kiDwELL, That leave be given bring in a bill
to amend the aetincorPorung the town Of Mddetown In
/ the county Of Marion.
/ BY Mr.. EpNUSu~, OF l. & r., That the Commits, Of
Courts enquire into the propreiy Of altering the now
haed by law for holding the spring of the Circuit Su.
peor Court Tor the counties OF Caroline and Lancaster
BY Mr.. WILLIAMS That the Committee on Banks cor.
respond with the Exchange Bank aud North Western Bank
and ascertain from them upon what terms the said Banks
or either ct them, would exchange State bonds held BY
mem respectively for the stock held by the Commonwealth
PETITIONS.
BY Mr. FRAuER of Samuel Miller 10 have refunded IN
him the proceeds of the sale Of his runaway slave eore)
heretofore paid into the rreasury-by Mr. Uawes of CHI
Icns OF King William for the sale of certain lands in said
county IN the occupancy Of the Indian tribe
ey Mr. Taem OF sundy inhabitants Of Portsmouth and
Norfolk Co.. for alaw to protect hogs from the coun
10 said town from the operation Of the ordinances of the
trustees OF said town-by Mr.. Stanton of John C. Camp
bell and Others trustees Of Bethany College for donation
oil S2oooo to said Colege-by Mr.. Kidwel of the Off.
ecHot liz Reeiment-payng that said officers NAV train
in their own regimental District
Finance Report.
The Finance Report up rs the order of the day
Mr.. fERnY asked 1t II would be in order To divide the
tesoinuon-so as tn take the first upon providing ine
rest and secondly upon the sinking fund
lhe STEAMER decided that il would not-as the same
question had been taken already, in di.rc mt form
Mr. BYRD moved to add the conclusion of the resou
non the following words Except in the event OF war; or
other great and pressing calamity"
MIR. RANDOLPH had no objection TO the nmendment-n.
he would never bring in BILL which did not contain some
such provision.
Mr. FRAzER would 20 as he thai went artbest for
masking ample provision Tor preserving intact and inyolae
the faith OF the State. But he permitted TO pur
sue his own course He was opposed n Sinking Fund
under existing circumstances for paving any thing hui ,
floating debt of the State Mr. f., seeing the zeal of
ie great Democratic party for Sinking Fund had recall
led To his mind historical recoectons N, ,d,,,
ed to the fact that Alexander Hamilton great head of
the Federal party-he first Secretary Of the Trcasurv-
was the author OF the Sinking Fund system-Ic was mos,
Sonnousy opposed by the then Secretary OF State Mr.
Jefferson, the leader of the Great Dcmocrncy-wbo no
Pudllcd every thing like Sinking Fund with even grcs,
81 horror IMAM all sides OF this House cpudiac reputation
lie alluded also, to the denuncatons upon The biys
for funding, the Extra Session of Ill the Jeh, Lon S
the Van Buren, Administration lie was glad 10 wing.
the candour OF the Democratic party in abandoning ,brr
hostility to Sinking Fund, and now, coming forth its
most strenuous supporters But, he repeated that willis,
IN principle, he approved OF this system Of meeting the pub
tic debt he could not in the present embarrassed condition
OF the people, impose additional burdens not absolutely
demanded, upon the people. Ii the majority however
were determined to establish this Fund, he should prefer
To rest upon the more uncertain and uciuRng sources of
tevenue-thsn upon the arising land negroes
&c lie did not have entire confidence in the antcipated
income from the proposed subjects of Taxation And
II the deficiency from this be realized which he fear
ed, 1t would be better fall upon the Sinking Fund than
that the interest ON the public debt should be promptly
and punctualy
MIR. MARTIN moved amend Mr.. Byrd's amendment nv
striking out all after the word ,rdr.
Mr.. LEAKE of c. spoke large in supnor of IN. r,so
luton of the Committee
Mr. CARTER regretted that the Committee of Finance had
not accompanied their Report with bill The subiec,
would then have been more Ineligible and much ,ic
might have been saved by This debate or that which
must arse whom the bill is introduced might have been
avoided Mr. C. referred the party that had created the
State debt He denied that the Wings had nj nny time
since is creation, had majority both branches OF the
Legislature. MIR. c. then took up the statements of the Fl
nance Report with view TO ascertain exact meaning
whether was designed that the for the sink
ing fund was TO be independent the necessary TO nav
the floating debt Numerous explanations took Mace he
tween Mr. CARTER and Mr. RANDOLPH in regard IN this
Point-he result Of which was that the Committee in
tended to embrace the floating debt provision for the
sinking FUND r C. expressed his concurrence in the
general principles Of the report. and the object il PROPOSED
lie only differed with the Committee the time when
sinking fund for the liquidation OF the whole debt should
he created He would prefer that the S4I9 900 of floating
debt should alone be provided for now. And 10 that end
he suggested emission of State bonds He would pu,
them at per than lay am additional Tax
upon the people of Sl50O0O year He knew there were
objections to usurous nteest-but x-payer himself
ne would prefer paving that for limited period rather than
incrense the taxes in these times intense pressure
UGO lie put the question to the good Of the House
Would they increase the burdens Of their constituents with.
out manifest necessity, while they already groanine
under an unparalleled pressure'
Mr.. WooD called the previous question.
MIR. MARTINS amendment rejected
Mr.. BYRDs amendment was rejected-ayes Sc noes CO
Mr. DAVIS moved 10 ecomm the Report and Resolutions
accordance with the principles of the Report. Mr. d.
wished TO see the budget-ths details Of the taxes He
wished also To know how certain party in this House will
vote upon the propositions 20 capital snd income
Mr. CRuTcHTIELD wished have the alleged liability of
the Commonwealth TO subscribe than million to the
Baltimore & Ohio Rail Road Company stricken from the
Report He commended that the State would not be liable
after 4th Juyuness certain impossible conditions be per-
formed before that time That Company relying upon
the subscrpuon-Hnd 1t would be best TO give no hopcs
Mr.. TALnrEREo concurred fully in the views of Mr.
Crutchheld
To entertain Mr.. Cutchfeld's amendment, Mr. DAVIS
withdrew his motion recommit.
Mr.. EDGISGroN opposed the motion of Mr.. Crutchfeld
and commended that by reference the making the
appropriation 10 the Baltimore & Ohio Rail Road Company
would be found that the State would be exonerated
by any such movement this Mr. f. paid a handsome
compliment to the energetic projectors and supporters of
that great work-and the cnterprsng character of
Wheeling the second city in Virginia in point of white
population With a view avail himself of some docu
mens to sustain his position he asked the House adjourn
The question in which his constituents felt very
great interest. and it his duty spare to pro-
their wishes.
The House adjourned.
At meeting Of the Clay Club, held the Town Hail.