Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1850-12-09

,l,.5z4 -, 4 fatz il tb.t h rus aud fl.
l -, ,,fl tn L., -, AZ al ar Nd Al 81,
y ~, ~ > fais ed II ~ b, a ,,sfa Il .l4Ia, IN.
at. nv h. a.. Is nm
T. fla -, - he n af1 r eeT, /. e4sl. b-fe-
~ at41 tfsr IN FIR detailed information
II he - ri IN a. h .ii lie n = Il nj 4. ed
e4Haat =Ilsllz. dis faIf ! &c zlIIeet however,
without bIHg#ap II the n tee 4 The legislature nafs
mn iaeatfy thin in The ri, referred tie SUBJ CT al
plank fo4ds they are an invention NJ rum faivey
eru date aud d-setvcdy sapttsedug all ohet tads
travelled by horses aud carfisres Their capacities Fl
heavy dfanght and rapid ave are Wy saffnsIHg.-
lhec 81 + them i scarcely much tn macadam
nd raj y aulj feeam nand genoa Authorizing ihe
Bnari Of pable works a. SUBJ plank ftads To- lie
library infnpba wherever can b. d1nr. vi han aug
mentlng the ela alteady 6Aed bs laA. Piaak RMS al
tn Nj pi} fsn len III pr cent npoa the mon
= eApsHdsd III fhslf eoastTn In.
mus tx nsfe yaar most earnest atletton and
serHus del5et4tHn l. lie present condition OF IA" II
uaneas II he AID he nature aud ain3an Of ie
pnhe Indebtedness. II Is useless To deny u conceal tar
fat that The fereni apr prlaipns by The sate luf
extended "arks i III chal improvement nave bteh ID
sneh magnitude as h denand intier provision af t1eii
pfomrl pfYmst. at such periods as thy may respective
" ill dnsi AID especially of The regular pi}in'ni o.
the iplefes' thafGn. The credit II he state has been
hlthef FLY sn-tned btih al hun aud abroad, but
should &c fehenlefel TIL pubic efedll Is tender ana
decate pah which requires Guns an c1fe and nurture
Instantly aud seiioslS altet.a Nv me sig ''st UNI iFof
snspict II. N'ne ala'm has heen aif'ady eNpieas'd
@lsha nnr own odefs and, though II Ia been hpnn
dnhty demonstrated III an lh'r pm n' ms coihhca
pn thai he appropriations made up IN ms NM Do MI
Jzttiy such Tears "ie lit system 81 'ttthal ipl"'ez
loent, h winch my nave hfh aeV''ed hls oeth Pc
dnetyf n an lanensf hretsi n 10 e iaAable property
4 Algint; yel would be n"ise rniiteiy IL 1isesha
the apPfvhehsi'hs "hleh nave oeeh eAPiesseo' o. II
pas pm that cautious examination ~ 'ha "hl' snuJeel
whtrh suci warning : calcutta I'd Ia suggest iheff
many INDUCEMENTS Ia 'hlfet The lfafa Il anu VI
2oney Il tbs eauuus CO. sdefaii1n Il tue lhareia con
dun ii The state al The rfrsrnt llht u IS "ily 10y
mafalalnfag The poHe credit wholly nahfalffi nat
IL mp1fahi ods aeadf eainhfnefd and In ilit9tlhg
pfaRfe>s can be boneh at an early day. IL lhflf sue
ee,ffu anlelon; aud It Is nol u'iI thrr compellln
that lhe neh harvest o points and bene1ls anticipated
from hem be FLY realized aud augment materially
til" revenues ii the sale Moreover, any CONSIDERABLE
change Ia the lnndameiai laws 81 state - calculated 10
1--WE Temporary shack 10 her etdit u irfgh markets;
aad when snrh changes are 81 extensive IA ier ehafae
'ef aslhoss li5sf measures which VII probably neei
viii the suction 4 convention "hchls shortly TUT
sum- IL deliberations, fhefe Is feasnn 10 anticipate
aaue nernatan II depreciation oil The value OF eur pub
lie socks u4lsss suei ths1hi, h prevented BY tho,e
measures ii @se pleeantlon winch may secure the una
hlied aud nni llefn1 ehhdehce o thu m7nitd interest
II MN aud l1fetgn markets Nof can his caution
be mafe oppo loaelF ~ hs iotrseeng PfePa
non II The inlnfe be nofe eiheae'ahsY eohmenced'
than At INN when 10 phhlc eAsis |" pffcitale y9ur
attlph 81 - hlN'nfp s'u' 'aln' "''p''"'' 'i'
Alter the eXpositlln ol he indebtedness u The St'le,
aud Il hi ahlity 10 mei all he engagements given III
lat annual message, do hot deem It hec s'afy Al
THIS 'nne indNeli at much lehgh upon ms pat oi the
SUBJECT | would briefly remark lha thu present out
sandlnlng deb, OF HE CON nonwealih Il 49o33S9 81
and lar be paid. account ot subsri ptons
made etgalzed cpnpaaies, but mol yet called for
Slb32s69 IL. Other appropriations, 10 the amount OF
Ssll 100. have been made h companies, oi whose
eaol4,iian no nierma lon his been received by the
Bulrd Fl public Works, he greater portion oi which will
probably never bo oganDzrd Surprising that The ate
vii he callfd upun 9r t}67 32 ot TIN, later amount,
(Which much exceeds lhr pnahahle demanl,) he public
ttsuk will thus be- liable tr &1,OD,O0O upon sub,cnp
tipas already nnhonHsd.
TINS sum OF S5.uuu,ooo will shortly require 10 be
FUSED 10y ans secured by the hn1d- ot he state. Inc
sudden ut even the er1dna sal o large and amount u
sDaie soe,s can haldg be tneeed with III drpfeet-
l5aof hen value oT IN trrms favorable 10 the sll}e
uni, Is, such prcan Hnfy measures Adopted rs may
Il ale iler more ace y ha than under preSent udee
nl pfredn lhry me likely l. be- lotlo pu chasprs o
puhIr acrutilies
/ 'ndef These circumstances, would recommend
complete. REFORMATION aud re- organization II the fnau
rll at m ii tlr state The tfm In which the pub
drt INV st,pd4 /, liable Il pfaye utleaians H..
g,ns - Of stock Is encountered with sa many nnneres
,fy ff,,lilp, am, lrcbn.aItes as Ia Imnel, the sa
OF tie hon Is OF the slat and ohafnet fhr ready cir
enliti,n IN IN, money market vet the utmost lac Ii
If lr,ns,, r. m ha Ia hand Is the necessary eonditi1
+, ensn,, The n,rmanenl narnl,flty and ready arcep
lance of any mic stock. rhe evidences OF state deb
.h ud be- impressed AS lar as possible win all the quail
t,s of n circulating medium The experience Of The fed
,fl government and of several o The states has shew
- -, H.