Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1849-07-03

man in his work Of reorganization. He was an
economist and should like 10 know whether we
were 10 save or lose money by this radical
change. He thought we had beusr lie, well
enough alone.
Mr.. BOYD expressed The hope that Mr..
PERROW would Withdraw, his substitute. He
agreed with him that there were detects in The
present system and that The great interest OF The
Stale demanded some chanse--but ne was not
prepared TO vote al present.
Mr.. HARPER referred IL The strange course
pursued here. While hours are wasted on iri.
vial matters, motions are made - put oil Inc dis
cusaion q great and important questions, on IN
ground thai they were no! prepared 10 acI The
friends o. The Extra Session argued that We could
not act upon such important questions a. a regular
session--and now We are told that we should mol
&C! al this Extra Session hose sole object is
lodo business permanently, mol 20 ha changed
hereafter. The gentleman from Wyhe admits
thai the Board Of Public Works should be re-
orsanzcd-and be elected By The representatives
OF The peupe-a and yet he is not prepared 10 act
on his question. Mr.. Fl. conlinuea 10 advocate
! a reorganization oil The Beard OF Puhlic Works,
whuse nefiiciency was demonstrated and The
people demanded change.
Mir. LAlDLEY Th- people did not exrccl US
10 introduce any great radical change in The Re-
| visioa-bu 10 simplify and reduce into smaller
| compass he existing laws. Tn gentleman would
alail an important advantage IN Introducing his
proposition 10 Inc notice Of The people, who may
lnslruc, their representatives how 10 act upon ii
al the next regular session. II il be now rejcc
ted By the House, as he believed il would be,
it would prejudice it in The eyes OF the Leaisla-
lute hereafter. He appealed 10 his friend from
! Nelson 10 Withdraw il.
| MIR PERRDW was satisfied that his bill
would row pass the Hnuse-of he would be e1-
ceedingiy astunishel. tIe believed that a ma
| Jorily Of lhe House are in favor oil rsofganlza
tion OF The Board-and his proposition would
pass he was sure though il might be amended
The question was simple one-wheIher we
should continue The present inefficient, rickeuy
| board, who could mol attend 10 their dutes-or
select a board Of competent and we'll qualified
| men.
The substitute wds lost by very large ma
| jofi'y
Mr.. ROBINSON novel 10 amend The Isl sec.
lion SO as 10 constitute he Governor and Exec
uiivc Council" The Board al Public Works,
insleai;oi the "Go7eluor, Two auditors, lreasu-
rcr, and register OF the land Office" Lost by
large vote.
Of the State prores and dirsetOrs; and The
Safe pots in nesting, Of soekto!ders. The 18th
section Is a. follows:
In every company, to the sock vi which The
board his subscribed Or may sub cIi5e on tehalt
OF The Stale, inc said boari snail appoint such
portion 81 the directors rs shall bear 10 the whole
number OF The directors ul such company, the
same proportion as nearly as possible that The
stock held on behalf o. the Stale in such compa-
nv bears to The whole capital stock thereof :
TVhe, The stock held on behalf Of the Stale in a
compaa ~ is more than too Jtths Of he phale eopi
tai stock Mer. of an appointment staltn be made
IL b,g nj rOtg he
elechon of directors in such Company IN the Ge
neral meeting Of stoekhoidr,"
Mr.. HARRISON 81 p. W., proposed 10 amend
the 18th section, by striking oul The words III tat
les so az 10 give TO the State in all cases dIfec-
tors ia all companies 10 which Inc Sale has SUBJ
| scrlbed
Mr.. Il. commended that this clause lin lialics)
lock away the poaer OF The people being repre-
senied ia ompanies--which was given by an
oIher secllQl.. opposed lie arcn.mcai--e,
wculd in effcc; give The State The whole con'ro
OF the directors in every company
Mr.. RlVES said that, unless he amendment
is adopird, the State would not have single d.
r.rtur The State should be fairly represented IN
The board Of directors. Tha! was all ne asked
II IN. State has lwo-fiihs in the STOCK she should
have ,wo-ff,hs in the Board; if She has less than
,wo.tiilhs. she should have al least one director.
Air ROBINS. n. II the STATE has three
films OF thc Stock, she SHOULD have majority OIL
lne directors lWo-ht,hs, she should nave MI.
uori,y o. The Board. Mr.. K. referred 10 the MS
lory 81 the Portsmouth, Road in which The State
had lhfee-tiiths Of The sockyei the private STOCK.
bolsers had The directors the funds oil the
company were wasted in mismanaeemeGt. VT.
Il. said that if The proposed plan WIS ho1 ADOPT
ed he vas in favor OF giving one vc'e 10 each
share OF stock
Mr.. CLAIBORNE lad thought that alter The
Code had passed through The hands oil TWO learn
"a Reysors and The able and distinguished com.
mirtee OF Revision, he had come prepared 10 vote
for the Reyision; convinced that any atemp 10
riddle the book, would produce confusion and IN
certainty Which would resnl, in curse 10 Tue
neon,s He sat nothing ~ induce hun 10 voe
! Tor Inc proposed amendmcnt-ior II We adopl ",
what euarante do We give 10 The individuals VINO
| have contributed their means 10 WORKS OF met
nal imnroyencnis-a The proposed change WI!
Dive he whole power and control 10 The Stalef-
| II mi, be done, who will embark in any scneme
oi internal improvement and will II mol turn
out. that the Stale will have 10 do all the WORK, OF
The WORKS will not be done a! PIT
Nlr RIVES said il the gentleman was ready
/ 10 allow he Revisofs and Revision COMMITTEE !"
| ,h,ol Tor Inc people Of Franklin, he was NJ!
| really 10 IL, them think for the people OF Prince
| GeoIac Those gentlemen had Gone their WolR
which WIS important 10 g!iie US In OUT work
but NJ, was unwilling 10 hear the reflection on ne
| House. that they should mol be allowed 10 ihlnh
| for themselves.
Mr. STOyALL. Il was evident from The ex
narience ri The past winter and The present session
| Ia, .h- House would vote duSn the amendment
ila was unwilling 10 see The BJarG OF iuO!it
81 have the whole control CT The directors
Iadividuals would, then, have no inducem>r' e
take stock, aud the internal improvement "ou
Ia - 10 be made entirely by The S!ae
Mr.. SCOTT. Ii aas necessary 10 hold 'n
encouragement TO individuals 10 invest Their mo-
ney IN public works--aud in the charters IS eu'.
traced a principle that smaller STOCKHOLDERS a..
uuarte! against the undue control oil tue id'S
s,n,ktaldrrs. This principle Is fouha ~ '''s
charter Of every Improvement company. bu' nov
ne are 70 lei upon II subject The smaller si"ch
!. .Ide1s n me c1n;roins Influence Oh he Slate.
+, us ,eale The large stockholders, 10 proecl snf
small stockholders why should we not also seas
the immense roe OF The State, 10 efiect 'he ID "
ohiaci1 Gentlemen talk OF The ucompe.ehcJ
and inefficiency Of the Buald of Pubic Works
ami vel they now propose to give 10 This boaF'
me sole control Of nearly every internal improve
ment. The great safety of The public IS lound !,
The superin,rn!ins power oil individuals, iniu.e
br ,sc,r cwn interest. But The agents selected q
ihc Stale. admitted 10 be- incompetent, nave ~
mi. injucsment 81 interes 10 SECURE the plope
suprrir.erLrncy in :iyduals finding thai ,h.
will have no voice in the direction, will be dFiV
On ofT-and as We cannot nov sop Inc system
inerna Improvements, they mist BE- executed b.
:he S;aic entirely
Mr.. RlVEs said that The gen'lsman's arsu
,ncn, :as intended rather TO mysiiy his vi
PSI riews, han 10 remove the difficulty. MI
4. ccnended tha, his sole object ras 10 sre 70 70
Stale proportion OF votes according to me SCAT
vote. Should we allow individuals TO nave "
enri,e control Of The company Why no. sS@.
individual stocs, as we DO Ine STATE slocs
the State has majority, lei her have Inc con'fo
and uice C.Tsd.
Mr.. CLAIBORNE uolet chapter 81 as 10 IN
scaino OF vo.es. 10 show that the gentleman iron
prince George had mistaken his premises
Mr.. HARRISON of P'ince William had nc
-, l.. arnena,nnnt on mis- own responsibilliy.-