Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1847-12-15
model for the rest of the towns and counties in


1t will be from the report of the auditor that
he has been appraised by the of Emory and
Henry College, that the further payment of the in
terest the loan to that institution sis impossible"
This determination involves grave and important
question for you will have to determine whether
you will forgive," 10 the language of the tress-
urer, all the loans that have been made to our va
rious literary institutions, aud make similar dona-
lions to others, or coercc the payment of all loans
when in default. lfyou release one OF these loans
justice will call for the release of all and similar
advance 10 the other institutions of the State The
subject will call for careful consideration. | viii
add that the securities for all the loans which have
been made. are believed TO be ample
visited the University OF Virginia at her late
anniversary, and witnessed with great pleasure her
highly interesting ceremonies and Performances
To the various circumstances which have recently
threatened her stability added during the past
summer, the offers made TO several of the professors
to take chairs in other institutions. These offers
however, were declined, and the circumstances ad-
vered TO have ceased TO operate !; and can now
confidently congratulate you that our noble Unver-
ity has commenced a new and brilliant career of
usefulness and will yet nobly realize the anxious
expectations of our commonwealth, and the ardent
hopes of her great PATRON the llustrious Jefferson
| (See Doc. No. So
| The LeXingtan Institute is diligently and sue.
cessfully engaged in its useful and benevolent du
ties. In It's confined and restricted sphere is un-
Il
commend 1t TO your favor and ask careful exami-
nation of its various reports.
The Lunatc Asylums seem TO be well conduct
ed, eiecting, doubt, large amount of relief to
/ the afflicted.
The reports of the Deaf and Dumb and the Blind
are highly interesting. and most grateful TO every
! benevolent heart. They illustrate, in most srik-
eng manner. the art of man and the wonders ,f ed
ucatlon. The deprivation of some of the most i'm
Poitan' senses ana organs are 50 happily supplied
by the aid of Science relieve those So atilict-
ca oil all apparent sense of calamity, and to make
'hem useful happy, and frequently most interesting
members of society. The bounty of the State is
| ample, and has been, | have no doubt, wisely and
judiciously expended. (See Doc No. ~
The condition Of the Banks of this Common
wealth will be found in their various reports. to
which your attention will OF course be directed
The acts authorizing branch Of the Farmers Bank
and also Of the Exchange Bank in the town of Al
eXandria, and of the Valley Bank in the town of
Siaunton. have been executed, and branches of
those Institutions in the places stated are in success
tul operation The act passed at your last session
to establish the Bank of Martnsburp in VIRGINIA
Is. believe, yet wholly uneXecuted, and will,
trust be repealed. The policy OF scattering small
banking institutions over the country is in my judy
ment unwise, and ought TO be abandoned The es-
adjustment of banks, in commercial cities is sus-
! tanned by many plausible reasons but their es-
| adjustment in the county is repupnant 70 the
rous to the best interests Of society. | hope the
day will not arrive when the money power, orna
nized by law, shall become the ruling interest in
this good old Commonwealth.
The practice of the banks, TO which called the
attention Of the Assembly in my last MESSAGE. still
continues. am surprised at it, because | can see
no necessity TO excuse it. That it does the cha
racter and business of the State an injury have not
doubt, and that ii should be persevered in by our
banks sound and healthy as they undoubtedly are,
and under the administration Of gentlemen of supe-
rlor intelligence, is to Inc source of unfeioned as
constituent and regret The remedy is in YOUR
hands, and If the practice be not voluntarily aban-
doned, will, trust, be applied.
have had suggestions from highly respectable
quarters, proposing that the law allowing proxies
be repealed, as it is found that practically it places
the Bank under the control OF a few indiyiduaIs-
1t has also been suggested THAT the quarterly Bank
! returns should embrace Il return from each branch
as well as the general returns required by law
As these suggestions from gentlemen of high in
tellIgence, submit them 10 your consideration
See Docs. Nos 81, 25, &c, 27 and PSI
herewith communicate certain resolutions ofthe
Legislature of the State of Maine, approved June
18th. lS17 relative TO a railroad from lake Mchi-
gan 10 the Pacific coast; and also similar resolu-
tons of tho General Assembly of the State of Con-
nccticut, approved May Doth, lS47, relative TO the
same subject also communicate preamble and
resolutions of the General Assembly OF the State of
Connecticut, expressive of their opinion, that if my
territory should hereafter be acquired from the MeXi
can republic the treaty of acquisition ''should con-
tain an unaterable fundamental article or provs-
ion" that the Southern people with their slaves
should not be allowed 20 settle therein. See Doc
Nos. so and 8
1t Is difficult 10 subdue our feelings sufficiently TO
reason with such proposition as this Virginia n
| co-eGuaI partner in our great conederacy, entitled
to all the rights of property, migration and settle
nent possessed by any of her sister States grave
/ " toll hot Etttt
won and molsened by her blood, are not open TO
her occupation.
| Mr.. Justice Story, in the case to which | have
previousy referred in delivering the opinion of the
court, says: sit is historically well known, that
the object Of the clause in the Constitution of the
United States, relating persons owing service and
labor IN one State and escaping into other States,
| was to secure to the citizens of the saveholdinp
States the complete right and title of ownership in
Their slaves, rs property, iii every State in the u
| mon into which they might escape from the State
where they were held in serviude. The full re-
cognitlon OF this right and title was Indispensable
to the security Of this species of property in all the
Sayeholdlng States and indeed was so vital TO the
preservation OF their domestic interests and institu-
tons, that it be doubted that it constituted
fundamental article, without the adoption of which
| the Union could not have been formed. It's true
design was to guard against the doctrines prevail
ing in the non-slaveholding States, by preventing
them from intermeddling with or obstructnp or n
polishing the rights of the owners of slaves" And
yet this institution thus protected, without which
tt Union could not have been formed, and intend
cd to shield it against the ''in:ermeGdling' OF the
non saveholdlng States, is to be crushed and the
rights Of the master annihilaed, in disregard of
reason, humanity, the constitutions and all the CON
sideratlons which teach us the value of Union
1t is generally admitted that slavery within the
slayeoldng States, cannot be constitutionally dis
turbed. but it is insisted, that beyond these limits.
nnJa hill L III