Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-01-16
UlrDtMtI ZcGtslatmrc.
HOUSE OF

FnrDav, Jan. 6.
The Report of the Committee Of Propositions and
Gileyanccs adverse 10 the petition OF citizens Of tho
West Fork OF Little kanawla, for n precinct election
n the House Of Josph knotts. for instllicicncy Of no.
liee, the report ri the same Committee, adverse H. q NJ
luton lnr n precinct election III the county OF Logan, for
similar reason were agreed 10.
On motion Of Mr.. Gray. a resolution was adopted in.
curing into the cspedieney Of rtduci0g the tax Tor tia
vending Of Lottery Tickets III Lotteries authorized by
the Sta.c.
The House on motion Of Mr.. Blue. took up tho f~-
port of tho Committee on banks. that il il inexpslieat
10 reveal the sections OF a law of the last session authuFi-
zng the payment Of STATE taxes IN certain counties in tho
noles of the Wheeling Banks.
Mr., Blue moved 10 IL verse the decision Of the CON-
niiicr 50 ste Joclare II e~apediont that the sections shall
be repealed. 4
The portion Of thu law proposed to be repealed, pro-
yilos that the notes of the North Western Bank Of Viz
GINA, and Of the Merchants and Mechanics Bank VI
W heeling, and THEN several branches. shall be received
in payment Of all public dues Ia the Common wealth
IN l'ookc, Ohio, Marshall. Tyler, Wood, jackson, Ma
son, Cabcll. kanawla, Logan, Wayne, Monongalia.
Preston, Randolph. Marion. Harrison, Lewis, Brs1ton,
Fayettc, and Nicholas. and no other counties Of ~
state. II ia further provided, that when the no,cs Of
the said Banks are below par in Richmond. the deposi,s
Banks there shall quarterly notify the said Banks in The
North W est OF the amounts Of their notes on deposits
with said dcposite Banks; and they shall, within thirty
dnys after having received such notice, redeem those
notes in the notes OF the dcposile Banks, or such funds
os may be At par IN Richmond.
a long debate cnsned. in wlic, tho motion Of Mr..
Blue was supported by hlessrs. Iefiwich, Gray, Hue.
and Byrd, and opposed by Messrs. E.dpington, E.lmunds.
Of H.. VERIFY, Daniel. OF r., Martin, Tavcnuer, and
Brown, OFF.
In favor Of repeating the law. il was argued that the
;, "tc,iag notes we've not now deprecated as when thN
law was passed; and that the main reason Tor it no lonqor
eNisicd-tllat those notes now circulated in many coun-
lies where they are not receivable in taxes, and wcre -
n consequence to a degree discredited and below par
that local lpptEln linn IG lnprnpor M eub,cctc v.lvsu
general interests, except in extreme cases-and that
as the extraordinary circumstances which justified tho
law. no longer existed, it ought to be repealed. The
speakers expressed unqualified confidence in the solvsncy
o. the Wheeling Banks.
In favor Of the law as it stands. it was argued that II
it was repealed, the same process by which tho Whes-
ling notes were discrediled in Richmond, would recur.
viz: Shorifls would 90 on to Baltimore or elsewhere and
buy up the notes Of the Wheeling Banks at a discount
and pay them in Richmond, 10 make something bv ~
transaction, thus causing a great circulation Of thoas
notes IL Richnond; tue redemption Of which by the
Wheeling Banks, isolated as they were, would. IL ineou-
senlent-that the law now protected TIE CamMon.
wealth and the lanks--and MIR. Daniel, of r., sngges
ted that those counties where the Wheeling Bank notss
circulated much. might be relieved by being included
with the twenty which we've allowed 10 pJy taxss in
those notes.
The House refused 10 amend the committee's report
81 to92
Mr.. Lettwici moved to recommit the report, with In
slrnctions to report a bill making the Wheeling notss NJ
ceiyable in taxes IN all the counties west Of the Biss
ltid,e 4.
Mr.. Miller, of Loudouu. moved 70 amend tho ineiruc-
ton. so as TO cause a bill TO be reported prohibiting tho ~
ceipts of Wheeling notes in payment oftaxes in ANY part
If the State
After some remarks BY Mr.. NJ. in support, and Messu.
Brown, of r., Tavenner, and Moore. ofC. and W. in
opposition To this amendment. it was wiihdsawR.
MIR. Martin moved the indefinite postponement Of he
laotior to recomrit with Instructions.
Mr.. Byrd, Of Frederick. opposed this motion.
The previous question was moved by Mr.. Siuvall. kus
the House refused 10 sustain the motion. This accss-
ding to the decision Of the Speaker. took the whole cub
p ject from before the house fot one day.
On motion of MIR. Cootes,
I Ihe House adjourped.