Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1847-02-08
RICHMOND DAILY WING.


us cnuftnnn, seNefh resolutions, the most
porinnt Of which proceed to notice
Tb9 committee recommend, in the fret place. the np-
poinimcnt Of committee prepare and present TO the
General Assembly memorial re-statng the importance
al granting the aid asked for in the formerly pre-
scented To that body in pursuance Of resolution adopted at
the general meeting November and its indispensable nc
cessiy to preserve the important works Of the Company
which must otherwise go 10 ruin. This resolution was
adopted and Messrs VIM. II. Macfurland, VIM NJ. Pew
ton, James Lyons, George N. Johnson and James Wick
ham appointed committee to prepare and present
tho memorial
The committee doomed it unnecessary to memorializc
the Legislature for renewal OF the charter of the Com
pany, in the ovcn Of all aid being refused, enable
prosecute its they express tho be-
le that tins contingency likely happen or it
should that may be guarded against by the voluntary
OF the Legislature II be necessary. that ap-
plicson that body for this object, may properly
proceed President and Directors. This sugges-
ton also concurred in by the meeting.
Aor the adoption of three unimportant lesolu.
iion', having reference the administrative powers and
duties OF the President and Directors portion of the
committees report in regard to the Tolls up con-
sderaon. The committee state. that after several DAYS
deliberate attention, with anxious desire
conclusion this complex and delicate subject,
satisfactory the community and just TO the Company and
the Commonwealth they had deemed 1t advisable to re.
commend the adoption OF the tsrf Of tolls established IN
Isi3 ably the Of President
Wl ihc exception Bar lron and Castings, upon the rs'
which recommended reduction from ;! >: cents
and upon the latter like reduction from % cents, per
Ton per mule. The rates established by the tariff ct lsl4
s-ough hgh those O! lei3, arc lower hsn the
raIss Greeted by tic meeting November last, the
mite. believe viii be satisfactory the people upon
tac nc. ~h.e vii augment the revenue o. The Company.
VI. CASH. L. MossT moved reduce toe toll upon
T5seco from ,: eeats. established 5y ;he tariff
Commended 70, as7pvoa % cents Ge- peg ME. He
stsesa ne diminished value q that staple and
effect o. aga rate Of t' 10 diminish ire reven-s Of the
o,1piuy ~ driving tonnage lro the as-a eyas!des,-
which iniaesd toe Board @! Directors, differing upon
point -om the President o: TIE Company, Ieecm-
mend zoe easuse thai be proposed NJ u a-ssd the
Adoption 81 the amendment with great earzsstless and
ab.aIy.
Mr.. o. VI. CkrTcHFELD ,oae the State proxies cp.
posed the propsiton likely result dsad,ana geousy
io the revenues OF the Company, reduction OF which,
present embarrassed condition. leUud no, afford to sub
mtto. Assuming that - OO0 hhds unsupported an
rIaly upon the line, the loss 10 the Company would be
al ,2O0. Would the reduction he asked, attract TO the
line sufficient OF tonnage compensate io This
loss lie thought lie argued tha, justice 10 other
OF the State that do participate the
fits ct this Improvement while appropriations annually
made from the common treasury to meet the obligations
the Company, which It's deficient will enable
20 pay, demands that measure shall be adopted the
result %: which would be likely PerPeuae increase
tbs deficiency. The tauT now adopted eouteHpia,ss y
-.al -eduction-or Tnhasoo well upon other aTii-
o,cs--agd he was in favor vi adhering u.
President GwYSN called the attention of the meeting 10
the fact, that the farther reduction OF the toll upon Tobac-
co, proposed by Mr.. Mosby OF hall a cent per ton per
mile, would amount only - per ton or about s.
per hogshead, upon tobaceopassng over the whole
line from Lynchburg Richmond-sO that planter send.
ing hogshead market would be subjected 10 an sd
donal cost upon the whole Of only S. So An increase
sIight he moi re-, 81,
whe in order additional trade it is ey
dent that the tolls be much farther reduced Besides
he thought the tobaccogrowers were than compen
stated by the reduction proposed be made the tolls OF
large class Of articles the ascending trade, enternl
intO general consumption, from to cents. As the df
terence the shipper Is small and the in the az
prcgao large the stockholders he thought ough, ic
hesitate before they agreod TIE proposed amendment
Mr.. MosBY replied length He insisted that
under existing circumstances the proposed toll OF 81 cent.
upon Tobacco seHavagant and oppressive. Under the
irH OF 1913, the toll cents-and what was its ef
icct2 IT, inspection at Lynchburg, which, next to Rich
mond the largest Tobacco Inspection in the State &c.
cllcdy fell OIL while IN Danyle, Clarksylo and Farm
VILE there decided increase This fact furnishc,
an indication Of what may be expected under the proposcC
Gste oi tolls. There WILL 1t may be safely assumed, be d.
ninuion though, the toll being lower than 1913 1t maj
be less Than that time, and there be conse
qucntly proppruonatc falling of IN the revenue Be
sides, the present well the prospective depression
the market value Of this important staple, induced ne
ccasary disposition curai the quantity cultivated -
Every additional cent Of burhon increase this dis
position. The expense OF getting It market as =,
great that Of present prices the inferior qualities will no
pay the cost Of transportation. Mr. VI. combateC
idea that other sections Of the State, remote from th
line Of improvement, would be propuated by the mposi
of eXorbitant tolls upon the produce borne upon 10
Market and that the application OF the Company for
inch tarfHU Of lie ,,.t...
DO more imposing form It would, at most only.sppeas
those sections Of TIC State which had uniformly oppose
aH works Of internal Improvement lie c9ntonded 10,
that u was uuIus impose upon the people Of Oh
country bordering the line Of this Improvement exec
f.,c buuhcus, order carry the works Westward
The imposition Of local for the purpose Of extend
the uo could find favor with any generous min
Nf. n. v. VfSABLE lone Of the state pro1es) oppose
tue proposed amendment All articles had been rate ali
reduced by the propUscd taud-snd he feared they o.,
already gone Tar. lie thought thst the diminuton
che oi Tobacco which passed the line IN
Isunc 1000 hhd..I owing OF 10 the high tolls und
che tirG of 49, but the diminished quantity produce
Sc expressed the opinion that, even al the present
pressed puecs Tobacco will bear transportation better obi
W heat aud Flour Hc would, nevertheless, be wiling
reduce the coli Co. cents d ho believed tho revenue Of
Cumpa NY would be increased by it-but thinking ID wot
have hc contrary effect be WIS constrained 10 oppose
Alter some Further iouatAs. the question taken. q
tie amendment Of Mr. Mosby rejected.
W. yr.,nlr then proposed Co incroaso che propos
Col, upon PIG lion from cent 20 I J, per per mic.
on this proposition long and interesting discussion
fI,d, which We have not time 60 sketch The mott
va. sustained by the mover and by Mo-srs Cmtcbf,
and Pcyton, and opposed Jy M'ssrs s. BsScr e. ID
,,l.k. James NJ Wckbam and Joseph r. Anderson.
,.,s Glaly ncgau,cd. and the report OF The commit
rHncuucd
ST. rrrlE took occasion 20 remark, on behalf OF h
se sud the other proxies The State that they haj cd
Gated on increased coll upon rig lfon because bon Oh
opinion. public opinion required be-, condition pre-
aeltt any appropriation by lho Legislature. ot the y
srru,on oi the work Of the Company weatwsfdiy. "
aiI however. should Withheld from che Company, u
obi, proxies of che state vii be favor Of Fsaosi 'ed
fIon of tbo tariff Of toils.
The Report Of the committee OF thirteen having b
d.sposod oC NJ JAHfs L,oSs, from the commires Of
vb,,b bad been charged 10 enquire into The espcd
,F olapp ne Co. o Legislature 20 guarantee thc bond'o Of
Company 60 such amount may be necessary to onab