Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1846-02-12
j5,o7S,172 SC

OF this small portions tall due at various perimls
from sac 10 $50, but much the larger amount "a
e99,737, is rredeemabe before the years 1861. 1862
and 1851 and afterwards the pleasure Of III, Genera,
Assembly.
Nenow tern to the credit side of he ledger, for the
purpose of ascerlapg the resources ol the Slate and
although il will be thai maj of her investments
SO Tar as mere revenue Is concerned have been unpro
ably made yet who estimate the indirect benefits
that have resulted lhereirom to her citizens, by add
ing to their facilities Of inercoInnuncaon aud To her
SELL by the augmentation of the value Of her lnds and
the inducements thereby offered to her people remain
within her boers and the attractions ii has present.
ed TO induce other emgranls seek home within her
mlts2 The value of these consequential results can
be fully asceftaned but that they have been DINO
small importance is in part demonstrated by the result Of
the last land assessment in this Slae, which exhibits
much greater relative appreciation Of value those
| sections Of the Commonwealth in which expenditures
for this object have been made, than in others. in
which they unnecessary if necessary, uuaccum.
plished.
appears tina, the entire amount of stocks h Id by the
commonwealth is less than ST ,3i3, ITO 0l 10
wit
Bank Stocks, 42,l77 shares, at 500
per share, $i,2l7.7O0 co
ny. $500 per share. 2l3 COO 90
Certificates Of debI Of the city OF Rich
mOnd. AMI oi several ran road
panes, II ,Ut0 60
Stocks IN allr,ad companies. l,l72.l00 90
Stocks IN navigation companies, :'Gl ,l73 0}
Stocks 10 turnpike companies, % POE co
Loans 10 several companies, colleges.
sc. 4lQ,G2s 90
Amounting in The aggregate IN $685.. S43 80
All OF which rHid dividends aud interest (lhnu.h
large portion of them less than per cent in the year
iS44-leavlng the sum of S4,7t1 ,326 g. Of which
s50UeOG0 consists OF the the Subscription 10 the James
River & kanawha Company, be cassed un,
der the head of ''nnprudaciive fands"--a caego-
ry IN which II Is hoped and believed they will no,
always be found The development of The re4Dr
eos ct The State will hereafter, it is be- dubbed
swell It's annual products, which wi be still further
augmented by The greater diversity Of pursuits which
Will naturally arise from the gradual and progressive Inc
crease OF population and aeath-and from This source
Inc channels Ct communication, heretofore PARTIALLY or
altogether unprUducve, must necessarily receive larger
and larger contributions, unll they shall be enabled to
vndica,e-even IN the isolated aud narrow asrect in
IN which they are often regarded-Ly Heir ,erenHe
dione-the wisdom Of their original construction. II
may, indeed, 50 happen, that, by stopping suddenly
short IN the career OF Improvement, may reiard, 1t
moi altogether prevent "a consumnaiiun deyoatly 10
be deslred But may it not be hoped that the foregoing
exhibition OF the financial prosperity Of The Stale, bear
Ing on It's face, II does, conclusive demonstration u
her ability, without oppressive or onerous taxes upon her
Citizens, sill farther 10 improve her physical condition
and thns 10 call Into lie the ample mineral resources
Which have been so long locked up the bosom of her
mountains. viii both stimulate affesh The .xerons Of
those who have long and arduousy done battle in the
cause, and SILENCE the clamors least OF dat numerous
cass o opponents who have dreaded oppressive iaxann
ana nave bee" frightened at the impending shadow u
Repatriation, which has been so often evoked to sca1e
them from their propriey ?"