Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1843-01-09

dfscusson ol resolution. Offered by Mr. Ranllph as
the organ Of the committee Of finance proposing an in
curry into The eNdlency Of requesting the Treasurer +,
sign no more OF The bonds of the State oaned 1, tn,
James River and kanawha Company under exs,;,a
laws. This most extraordinary resolpti,n ,..s
ed; but this morning the committee 6n,,ioz !, H..
interim. that the proposition was mo, ,,,,,ra
reflection, getting somewhal uapopular. reS,,,sq;
through its chairman very much after the fashion Of a.,
Irish echo Instead of saving tina, il would be exncJ;,,
or eNpedicuI to request the Treasurer 4, Vi lf. ~
Of the State and thereby disicgarl the solemn o,, H.
had taken, entering upon the discharge of the Din,
of his office, it submitted resolution having eer,a,l,
very relevancy to the enquiry with which, !,
had been entrusteda resolution merely reoues,iuc tho
PRESIDENT oil the company not To use the bonds so loan
ed until :he management and the condition of lis affairs
shall have been Investigated by joint committee of the
two Houses! This response OF course obectod IN
as having no pertnency to the original enquiry but The
objections was not pressed. The truth is. / sun,,se
the debate OF yesterday had satisfied even the ornn,
tors of the first proposition that was wholly ont If ,
province OF the House Of Delegates even To reonc an
Executive officer to refuse 10 comp, with law of tho
land; il they were not satisfied il is certain thu,
many Were, who voted with them Yesterday and ,,b,
on that question, would have abandoned them 10 d,v
Hence the change in the character of the res,uo,
which leaves the matter wholly discretionary with
the President of the Company. In this shane bowev
er II was opposed with warmth and ability among 9TH
ers by Messrs Taaierro and Daniel as wholly nnc,led
for in itself and likely TO be particularly niurims IN
the holders oihe Comrany's scrip The debate did moi
terminate ill half past 3 when by vote Of G7 IN AZ
the resolution was adopted. There is no doubt presume
that the President of the Company will cease, from this
date to use the State bonds, in Difference to the wishes
of so large majority Of the House. 1t is proper how
ever to caution the holders Of the Company scrip and
certificates against any premature sale Of them at rn
nous sacrifice Notwithstanding this disposition of the
subject, there was general recognition of the obligation
oil the State. as the gnaanter Of the Company and a
prompt GENIAL ,on all sides Of the House, of any intention
either directly or indirectly, to ovado or to throw of that
responsibility. The advocates of the resolution empha
icay declared that they only sought time 10 iarcs,igc
the condition OF the Company in order that they might
havca full view Of lis Indebtedness and of its resources
and oil the extent TO which the Stale will probably be re.
qured 10 make provision for meeting the engagements
to which 1t had committed itself by the acts Of 1880 and
lel2. he holders oil the scrip, therefore, have potbiun
III my opinion. to fear this score aud consequently
should not sacrifice it.
There still seems to be some Doubt whether mr. nat
Mr. Calhoun was nominated, by the Georgia Leoisla
ture as next Prcsident--i, however The manhattan
Was defeated il doubtless done by the votes Of the
Wing members, acting in conun ton with such of the
lacoiucos as prefer Mr. Van Buren, for no enc. who
will look at the names of the gentlemen appointed by
the locotnco members Of the Georgia Leusatt re IN
present HAT State in their proposed National Convention,
ic tho ,l,I, &
oi a majority Of the party, in that State That tn re
is decided and growing jealousy between the fyo
wings of the party, not only in Georgia but els, here
Is very manj 81 TO the superficial observer To
such an extent has this feeling already progressed tina,
- more cool and sagacious leaders who have but lii
lie personal preference between Van Buren, and Calhoun
and who, in their devotion to party are prepared to
bandon or to support either already BEGINNING to
suggest plan Corporations by which the reconcileabe
and fatal division may be ayeried Tha, plan is to :,
oanh'n The idea OF National Convention altogether the
result Of which they locsce, will be wid,nir, rather
'ah hea5 oil the breach already existing and to run
both Calhoun and Van Buren,. and thus 10 throw tho
me eec'oh INTO me House Of Representatives with the
understanding that he who obtains more electoral VOTES
han me oher shall be chosen by the Loculoco aority
OF which thai body will unquest olHbly be composed
~ De 9tIt, tlhy opposed ''tlOebe headed ticket
the Wings run both Gen. Harrison and Judge Whit.
and they were then particularly eloquent in deprica,ino
the pers of an election by the House of Representatives
In the decision Of which "baragain intrigue. and cor
rupon.' as they alleged. have such fine field to one
rate. But then they assallinr their ornaments
dsube-headed ticket, and an election by the Hons.
will be very different affair." now that then are likely
to prohtby its use.
| perceive that IN the Legislature of Missouri. as
well as In our OWL the Locoocos are sadly divided in
opinion as to the expedcncy of The issue of small notes
by the Banks In Virginia. s. notes constitute. in tine
estimation of most ofhat party the true Democratic"
s'andard bu; many of hem nevertheless think that Il
and ~ notes, II not absolutely orthodox may be tolerated
In Missouri portion of the party contends that all
notes OF less denomination than are decidedly fede
rd-~whe the St Iouis Reporter and that division Of
Tie party which follows its lead, declare that A. dollar
bills are clearly locolocols Such are the tdiculous
snabJes OF modern Staesmenequallno in DIGNITY and
Importance Tie celebrated controversy whether an eop
should be broken at the big or little end by which the
renowned kingdom of LiIliput conyulsed.
Going il!
The "Norwicl News" Connecticut Tyler p,pcr
and we believe the only one in the State thus descants
Now that the elections have atransprcd s the State
has revolntlunzrd Itself the question naturally enourb
arises, ''What will politicians do npyt2J 'rLora ~, IN