Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1851-06-27

sci on foot years hence Virginia will resume her
ancient the great members OF the confederacy
She has always been emineny conservative, and being
looked the prominent Of the slave States she has
welded very potent moral influence in the South. Regard
rr her rs powerful link in the chain which holds the Union
together OF her position her ancient renown and
the high character of her gifted sons we rejoice TO see her
king oil the elargy which her energies have been par
uly sed and emnlang the example OF her more enerpTsng
ssters IN y. Comm erciat Adrerttser
REPLY OF GOVERNOR FLOYD.
RIcHMosp, JuSE l0rH, 1851.
Dear S- received days your letter of the 7h,
which take the first moment have at command 10 an
sw,r read with care The newspaper extracts which you
semi me from the National tntcligencer the ~ y Comncr
cul Advertiser and Daily News; and can bear witness to
accuracy of them IN their main ana esscnua
They scarcely exhibit the resources and capabilities o 'r
aina in SO favorable point OF view as they deserves and
this think will appear quite manifest from the oc view
which shall take the liberty 0f presenting 70 you.
Vrgina il rs YOU know the largest OF all the States in
territorial limits this side of the Rocky Mountains, except
Texas She walcreI the east by the alan.c ana on
large portion of her border BY the ono ver Whilst
the Potomac one Of our nobes rivers furnishes throughout
It's whole length all the facilities OF lis navgaon improved
n"w by the chesapeake and ONO oahat ~ o"' oi m
frontier The rivers which empty themselves mo 'he
Chesapeake Bay traveSing the State Tor longer or
shorter distance afford amount OF naTgaoie wafer GER
,ainy surpassed by any country OF the same extent IN
the Union. The soil il the entire region watered by these
is of good quality, whilst very large proportion
II is extremely fertile Throughout almost The whole eX
tent OF the tdcwalcr country large beds OF mail are II be
unnd ordng certain cheap and valuable manure Tor the
muuvrtrnt that soil either exhausted from cultivation
lOrn
tween The loot Of the Blue Ridge aud The Cupes Of Virginia
is one OF the delightful upon The whole Atlantic coast
in the o IL not surpassed In saiuhr"nsnesS by
anv part of America All cereal grains produced here i'll
treat perfcon whilst the fruits Of every description
unsurpassed Nearly all the larger streams abound in the
valuable water power as you advance towards her
sources.
The 'ransmonrorial tract OF country lying between the
Blue Ridge and Alghany is certainly by
any other of similar extent in The Atlantic States II Is per
ertly healthy in its climate extremely fertile in its s
abounds in ai1rding the most valuable pow
CT Tor tn. purpose OF machinery Beyond the Allegheny
range lies that portion OF The State Designated as Western
vraina, much in exren, than ei,he! OF the other
Two, differing in particulars from both IL Is in
many parts mountainous and brokA but almost EVERYWHERE
fertile and productive. In parts OF Western Virginia
the mnun'ancs of the most fertile SOIL quite 10 their sum
ms The climate here is colder than that Of the other sec
TONS like rhem clinry abounds in every capacity
for the greatest productions of grains and uits. One
feature of This region is striking and remarkable" alule
to It's power. doubt if there is on the cabne
tract Of country of the extent AT all 10 be compared
il in this particular. The kanaw!a, which towarIs it,
is called New river takes its rise near the summit OF
Blue RG.c in North Carolina and running from thence
direction the entire state passing
through the whole great Appalachian chain OF monntins
which separate the u the Atlantic from the Gull 81
Mexico This is very rapid and impeuous, al'dlng
power which have means to approx
i'm cacuaon From The great falls OF kanawna up
wards hundred and fifty miles, it affords greater w.
lunc Of than the Merrmac at Lowell and there are
but few miles together ia that whole distance, where sites
equal Lowell not 10 be met with. The tributaries Of
also abound in water power Inferior only 10 mat
OF main
could your time with detail Of the mineral re-
sources of Virginia. WILL however send you two Geoo-
ui rcnDrts made Professor Rogers of University
formation than cOnlI in abbreviated form WILL
howryr say that our countr, abounds in the richest
rails almost every varctylcad, ron SALT gypsum ana
coal in endless prOnson. rock Of fossil salt IN wash
nupa county has found measuring hundred feet
in thickness whilst bed Of the pures gypsum, in the ada
county OF Sr'yt, has been penetrated 10 depth OF
NOR. six hundred feet without passing through IT,
The coal OF North Virginia Is unsurpassed
in both quality and the of s minera and recently
there has discovered in the county kanawa eX
hanses beds OF the best camel coal anr where 10 be found
Lead abound in different parts OF the State and The IRON
VIRGINIA proserbal excellent qualities. II well
he doubted whchc there is in America iron re-
zion more extensive Astounding in OF az good quail II
~ that Of Western Virginia Copper has been discover
ed ii various parts the Stale but what extent Il exists
is known These features 10 which ain,ie constitute
mainly natural possessed by virginia and
when perfectly developed must swell! 10 Fast cA'eh' Tue
weair. The State.
Tie tide of emigration has heretofore strongly from
VIRGINIA to The Western States that tits development has
not prevail any great extent hereafter for the emigration
people is not only greatly diminished but there Il De-
ginning be manifested disposition by foreigners 10 chi
graft. Virginia.
But in u!l probability might have spared you this tedious
detail and answered the objects of your enquiry by
simply stating the debt VI the Commonwealth, and Her means
10 pay.
The whole amount OF bonds issued by Viz :
GINA mp this time, is Sll,17,9o- Il =
Ac.til sibssllng liabilities for which bonds
will be issued In part, and which the State
must pay whenever The money NAV be de-
handed but which depends upon the for
nation of Joint stock companies TO Il large ,,, :,
extent ''i--''-' -
Making altogether, as the actual debt ofNr- -oo 90
Her productive stocks worth 1,'9929' w
Leaving the subsisng debt of the Com q
monweah 10 be maid by taxation Sll27l 500 SO :
But in this you must bear IN mind Is included The oa
nspH IN hn rDnHp Ia
The tax levied upon real in Virginia Is one nW IN
the dollar, one-tenth one per cent-whlch Is ose'c
about onc-iri of that paid by Pennsylvania and ONO
The stocks OF the State in The great works penetrating
the West unprodnctivc. owing 10 the unfinished
condition these WORKS. but few years more WIN see
derived from this source, which viii OF course
90 Ia HE augmentation of her means.
fear have worn Your patience with this long letter
but feel hl whilst have by means done justice ~ he
subject could hardly say less
have the honor be, wiki the greatest respect, your
most ubedient servant, JOHN u. FLU y.
We cana,, (says the Baltimore Amrrcln) why suc
Coupon bonds Virginia about issue should not be worth
as much AS any bonds The prices current daily published
in ~ York thai Kentucky SKIES having but 20
to run lately sold 100 no. that Ohio skies, having only
10 wears to run lately sold for liz ll7 and tina, uniea
SKIES, having but II years 10 rum lately sold for Is
10 l23.
deb, as either Kentucky Oai. And those who doubt it
ma ecoet the lime when neither Of those Western States
paid debts and that their public credit was very low
debts
W. Ar. aware al idle about the durability o.
Mon and the apprehension that should dissolution of The
American C"rcieacy happen, Virginia might become
able her GraIs. But thing that
around shnni convince that the ninn o these States
as solid The high price OF Fed
era! stocks shows The general Judgment upon this subject
Years ago. Virginia passed memorable statute declaring
her naItcane purpose discharge her public dcts, II"
matter hrIidc her And those who with rs
Virginia will engagements without SEE
ing first she discharge them, safely purchis"
her pubic stocks. Her stocks about lnto the mar
kcr, placed under the management of Seldcn, Whrrs
& Co.. OF Washington city, fur 50 years; carry ak per
interest per annum payable hall yearly IN Washington
New York, elsewhere il the parties shall prefer are
free from Troublesome and expensive iormltics which
tend other forms OF public deot; and pass from person
person by delivery merely without assignment or transfer
on the records Of the government Each hlii year, me
Coupons nj interest become due the 1t of January and
July and NAV detached from the bunds, and offered or
lGr payment, other paper circUlle
Ua nh notes do.
In presenting this interesting correspondence we take
sure in fortiiyng OF Virginia. by
of Hon r. J. Walker the late able Secretary OF the Ma
n,I Trr,S