Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1844-01-09
VIRGINIA LEGISLATURE.
Friday, Jan 5, ls4i

Petitions. &c were presented and referred: By Mr.
BOILING, of &. Swan and e other citizens Of Pc
,ersburg, for an appropriation for the erection of
public de pos tory for in said town-By Mr.. CAR
ROLL Of sundry c,z of Patrick, for law annexng
portion of SAID county TO Carroll-By Mr. MARSHALL
of F., documents concerning the division of Fauqner
couny-By Mr.. MARSHALL Of c. Of citizens Of Char
Ito 10 make Cub Creek a lawful fence from its en-
trance into Stanton River to Harveys bridge across
the said s,ream-By Mr. BowDES order of Court
ne lanes City and report OF Commissioners in relation
10 moor houscaso the action of the Common Hall Of
william sburg on the same subject.
/ The 10 Owing resolutions were adopted
| y, Mr. Ranks OF Mad.son-That the Committee for
Propositions &C. enquire INTO the expedency of so
sndoo the road laws as TO require all the Justices of
ha ponce of The county TO be summoned, and majority
I, be present. 10 authorize repairs alterations
IN any road 10 be paid for out of the county levy, except
IN cnses now specially provided for by law
gv the same-That the Committee for Courts, &c,
enon,re into the expediency of so amending the laws
r. on 10 trust deeds and mortgages, as to require
hereafter ,hat IN s such deeds The debt debts there
hv intended 10 BE- secured shall be particularly
| rnmea stated add described therein.
Rv NIr BRAw>rx--That the Committee Claims
s,on;re INTO the expediency oe refunding 10 Thomas
shaw. dl,c deputy sheriff of Prince William couny,)
SIXTY dollars, when were Pa'o ny MIN INTO the Slate
! Treasury erroaeousiy.
Re Mr. VAS BuxES-That the Committee for Courts
Se enquire into the expedency OF passing law pro-
hibtiuc atornies endorsing any part of execution
for their use, unless authorized 10 DO SO by writ
ten order from their clients.
Nv Mr. G.G.rrr-That the Committee for Courts
&c enquire into the expectancy OF so amending the
Tvs concerninS executors administrators and curaors
as more eectualy secure early settlement Of their
accounts and II the said laws necd any other and ur
Their amendment
| By Mr. LAcY-That the Committee for Courts, &C.,
enquire into the eSpedency of providing by law against
injuries 10 andho.ders by private incorporated compa
nits.
|
being upon Mr.. Watchers amendment offered yester.
day. as follows: "Oo all sums OF money, held by any
individual or partnership, the first dav Of February
over and above the sum Of $500, exclusive Of what
such individually partnership may he owing to o'hss
perso.s a of l2a cents every 500 3, hel3 in
hand or N deposit with any individual, partnership
bank of this Common wealth provided, that no capt.
tai in trade belonging 10 merchants and auctoneers,
who have paid license, TO banks incorporated com
panies, shall be subject TO said tax
Mr. Cooke moved 10 amend further by adding, "pro-
vded also DOES not reach farmers, graziers, sw
vers mechanics and doctors" Mr. {. accepted mo-
dcaton OF Mr. GALLAnER, 50 as TO project call other
persons subject to tx by this bill
| Mr. WITCaER would not argue this indirect mode OF
defeating his amendment.
Mr. GALLAnER wished TO meet the question fairly
blu, he could zee no means of getting at n'isers He
was opposed to the whole scheme.
Mr. Cooke said twas far from his INTENTION 10 treat
this subject Liz hy. Mr. c. thought could not reach
the obiec, desired by Mr. Witchsr, without njurous'y
affecting other interests, which Mr. G. desired TO pro.
iect
| MIR CocxE's amendment was lost.
MIR. NITcHER explained and DEFENDED ms amend
ment Mr. W. cited particularly traders in tobacco, in
negroes. and in flour, who paid nothing under this
law. Mr.. w. contAnded, that we should tnx all capt.
tai in fair proportion lie thought it just cs fair to
lax money boarded up, it was to tax money which
was loaned out, and converted to general Ii it s
taxed when it is laid out, why should 1t rot be taxed
when il is not lad ou,, but boarded up Jpn the
principle advanced by gentlemen, We should not tax
slaves who are sick and idle, and produce revenue
Mr w proceeded to refut, the argument, that many
would BY his amendment, be doubly taxed. Mr. w.
contend that les. lection existed to this amendment
than 10 any other subject of taxation in the bill His
proposition to operate upon wealth, after allowing
S4nO for the necessary actual expenses of individuals
at the time Tie proposed was, thus, less than on
money loaned, where no such allowance is made.
Mr.. TEBBs thought that this amendment was, TO use
a strong Western expression, drumming the thing into
the pround"-afte taxing the whole substance in the
Stale it il now proposed 10 tax money, the representa-
ton OF that substance. These temporary accumula-
tors the st February, must often spring not from
selfish avarciors motives, but from the necessary
course nf business
Mr. DANIEL, of Richmond City, explained that his
modification which Mr. Wi,cher had accepted, had, in
great degree, protected his own Mr. Ds) constItu.
enis but ne opposed to the whole measure, as it
would operate njuriously the interests of the
State Mr.. D. did not know of any boarding misers
who on chit to be visited by this tax-they were OF
growth in the genial soil of Virginia. As 10 the dealers
in negroes who were aimed at, Mr. d. argued, that
there was no odom attached to them by law, land this
Mr. w had admitted They should not, therefore,
be thus specially struck at particularly the subjects
in which they dealt already fully taxed Mr.. D.
cited other instances, where the injustice OF this mea
sure would be seriously feit IL VIII tax every ex
change Of society The country would be particularly
injured by it. II will, moreover have the immoral ell
feet of t:mpt;ng individuals to eyade The laws.
Mr. WIrcnER replied at length TO MIR. DANIEL, and
contended that it easy 10 evade any other proV-
sion Of law, il individuals were SO disposed
Mr. WI1cHERs amendment was lost, ayes al, noes
| 20.
| Mr. BALDWIN moved to reconsider the vote of yes
,erday, adopting Mr.. Carriers amend nen, levyiog
tax upon the interest of money loaned, only aite DE,
dnc,ing thcrefron the interest which such individual
shall have actually paid out to others in the sam. Pc
| riod'-so as to strike out said provision.
Mr. EpMuSDs sustained the reconsderatlon lie
commended that under this amendment, the deduction
extended no: oalg 10 interest money loaned las IN
III, las, years blbut TO the dividends OF STATE and
other stocks Contrary TO last years bill lie could
not eve that such effect could have been Inteno
ed 1t was fair TO The landed interest thus TO favor
the holders of money loaned, of stocks, &c, on the
inaed interest, which does not produce nett revenue
of per cent while money loaned nut, Bank stocks,
produces A, 5 and per cent Mr.. E commended. that
under the BILL without this amendment the tax on land
ed interest was much higher than on money loaned,
&c IL was not therefore fair still, further TO increase
the disproport on Mr.. E. for erusing the amend
men, a,og, ther, and taxing interest received without
respect to iDteres, paid out by The taxpayer TINS
amendment would utterly exempt from t1xation tne
capital of the country. lie called for the ayes and
noes
Mr. CARTER thought it strange, that gentlemen
should, after solemn vote OF the House. caucus out
of the House, and IN here TO a6rogate thei oe
l,bera,e decision Where is this thing to end if once
begun? Mr. c, proceeded TO show, that the effects
predicted by Mr.. Edmunds, as TO the deduction from
interest on State bonds &c would not If this
be- might be easily corrected, by inserting the provi-
sion in come other part of the section, as to make
conform exactly the bill of last year Mr. G. argued
tina, the principle Of his amendment should not be
stricken out-as lands had always been considered le-
climate subjects Of taxation, and it was not unit; re-
crntly that we had taxed money Tbs distinction, ne
thought was q sufficient answer to the dsProportlnn
between the taxes on lands and money, assumed by the
gentleman from Halifax -,
Mr. BRoADrs had prepared an amendment, which
would apply the deduction o. sgd d.
yidends