Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1851-06-27
Total in the United States
s6,595,705 10

The Finance Committee Of the House of Delegates lately
examined statistics of the Auditor and after careful and
aboous investigation proved his figures and estimates 10
be will appear by House Document M 9-up-
the debt ard expenditures OF The Government
But Finance Committee clearly showed that SSH OOO
Of the apparent liability of the State would never be real as
subscribers had compiled with the conditions upon which
the State agreed 10 subscribe.
But let US suppose round figures that the indebtedness
OF Virginia is IS 0U0 that that is the amount tor which
she required 10 provide annual interest," ana VIVA tri
does il scc when rated by the magnitude OF her various and
ample mcans
The STATE well knowing this did, on 29h Of March last,
pass law to authorize the Board OF Public Works 10 borrow
on her credit four millions OF dollars complete her useful
works Of internal improvement and from which greatly
augmented income will DC The necessary consequence
To effect this the State is nbout issue coupon bonds,
which will avoid The old tranlmes which (cttc the transfer
and nrgotabily of public stocks They will run for thirty
Ave years and pass from vend to vendec IA often a. HE
seller and purchaser shall desire without the Troublesome "r-
may Of assignment aud transfer the records Of the Gov.
The bonds will carry six per cent interest per an
num- payable half yearly in Washington, New ork or
wherever agents and purchasers Of the bonds shall
prefer the money 10 be paid. That bonds :nay cDnr
within the Of all who desire purchase them, they
will be issued in denominations OF from i've thousand 10 he
hundred dollars
To the honor uf Virginia il ds pleasure II refer Il
the fact that she has rcpud ated deferred the pay
Of her public debt, she hns ample means To dis
charge every pccunIry obligation into which she could De
induced enter and that she has recorded her solemn word
upon impcrshabIe statutes that she will never fail 10 pay
! her debts National Lnteiiigencer.
| RESOURCES OF VIRGINIA The Richmond Repub-
can calling attention Ia the resources Virginia. Lead
found there in abundance and also pumhago IN several
places east OF the Blue Ridge Besides the immense salt re-
gons OF kanawhn there in southwestern Virginia mex
haustble stores of this valuable mineral The salt water
found in Washington county is stronger than that OF any
other county Fossil salt the largest not the only depo-
site Of the kind discovered in the United States Ia found near
The salt hills above noticed and has been bored into 1T least
fifty one hundred feet and without going through II -
GYPSUM plaster of Paris of purest kind exists IN
great abundance in connection with the salt There
mered iron can be made which will rival the best produc-
lions OF Russia and Sweden Porcelain clay tine as any
in France Il found near Farmvle and in other sections o.
Virginia The granite of Richmond equal in quality and
beauty any in The United States The slate Slate rv
er better than the Welsh being harder stronger and
free from earthly matter Marble and soaps;une abound in ma
parts OF the State n good quality and in great variety
Ter lime cement is found the James river Of very superb
quality and has been found be decidedly superior Ia The
English In the same region limestone OF the purea quail
also aoounds There also great quantities OF
and hrecay on James river and Richmond Gold Goa
and copper are found in abundance Of the Blue Ridge
Resides the coal OF the and the southeast the kanawa
region possesses ine1haustibe supply. An
vein Of camel coal has been discovered within year
past kanawha This is The beautiful and valuable
OF all coal II is also alleged that wool grown in Virginia
the hest improved sheep is better in many than
the finest SaIony and rivals best Australian production
1t is believed that the climate Of Virginia is superior tina
either Of those countries for the production OF The fines
WOOL Daily Ners.
VIRGINIA AND HER RESoURCEs.-l, has been
mentioned in this paper, rtcollcct Alright that The
value Of The real estate of Virginia was Off
ciay stated at $4,000 000 Ii is composed of the fol
lowing tems Real estate s27S 900: value of slaves
STAT O0O other personal property SOS 000000 The
public debt OF Inc State as exhibited in the report Of the
proper officer, on the Goth September last trie
nine millions OF dollars The State has also guaranteed
bonds issued by companies and corporations complete
works OF Improvement already begun, the
nearly nine and half millions more making her total |Ia
5lities about nineteen and half millions But, then Viz
Gna owns Stocks that are now worth will be- ab0u
twelve millions so that The actual indebtedness .! the State
for which she has 10 provide the annual interest only
amounts TO but little than six and half millions
doarsa mere basaelc when the Immense agricultural and
mineral wealth Of Virginia is taken into considerations ",
doubt whether there another member the cnniedcracy
rich Virginia in all the elements that constitute the opu
OF State. She has greater diversity OF soil and eli
than any other She raise corn OF every kind
tooacco and as much OF every other crop excene
cotton sugar and rice then she has exhausess coal fields
salt without end and fine timber grows the FACE
the eartn For many years the part of the State
has been rerosrading, least standing STILL chiefly BY
Of vicious system OF cuivaing the land which has
gradually impoverished it, until large portions below Tide