The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1852-10-23

hon n,,,s..,.,,,;n,, of the survey. il may he cX-
Incident to arpoint committee, charged with
he duty Of making q final dlsi'os'.'on q inc
materials OF the survey, ana closing up Hs
ami also. Of conterrins with Mr
Thompson. relative 10 the puhilcatIon d inf,
tlrr information, touching the geology OF
Vermont. cu
l. this conn. rtion. | world respectfully
call vour attention to the deSlrablrness OF
early measures for procuring the publication
of correct map Of the STATE
The policy heretofore prevailing IN regard
to banks and banking. was. at the last session
of the legislature changed, by the adoption
OF a general hanhine law. a Suti!cient length
Of time has not elapsed. to afford evidence
Of lis a,}onta.ion to the wants q. the comma
ni,v. Il il shall rr found sufficient to pro
vide q sound and safe currency. Tor farlIiia-
tiuo the bu>jnc,, OPERATIONS OF the Statc-it
it shall 1It.ycnt oAtrava1ant issues. ana tie
Of banking facilities TO specnia-
lions t,,r.i,rn +, the business of banking. the
interests Of th, State will require It's contn-
uanc". On III, contrary, should 1t, alter a
sut;iricnt trial. fail III these particulars. II
,honIi I've repealcI A sound discretion
would Surces. that no hasty decision. adverse
to tn. system. should be mad. until expert
cncr shall in,lira'c (. necessity for abandon
inr i. j l. hi-h!y crcdilabe to the char
tered banks ia operation III this STATE that
dur;nr every financial crisis thcir credit ha~
been Sustained, AID at the present time Their
NOES are regarded by the commercial COM
..,liitY Is ;..to. til. safes: III clrc''!atloa.-
But while i, i q gratifying consideration THAT
i ,liu.. H., r,aa>Drrtl 70 impair T@'li, ron
fi,Icnrr il the integrity and sound discretion
~, ,hn... IL Ia. direction and management OF
ines, institutions, IL consideration should IN
',,~c the legislature 10 relax ii the c'tiorrc-
mcnt Of tn provisions mad by law Ter coli
slant super, sion "i their affairs.
Tn construction of railroads. which has
been prosecuted with sub unparalleled cn-
yr.,v and perseverance, during the last f."
wars, has tended 10 develop the resource,
and capabilities Of the State. 10 an extent hr'
yond tie most sanguine expectations Of tn,
projectors al these enterprises, and the IS
tenn ma, b. now regarded az among the great
e., b,.rctarton, of the ar. TINS far, how
evc~. the investments for such construction
have mol welded fair income L. the stock
holders many OF whom have been >ubicctc'
10 No. jtt.c 1rcuuiary embarrassment ty TIN
losses they have sustained; hui ii Is hv.icyc'
tI4. IT,. several railroad. within H., STAT
are IL SITUATION t" /. operated with NOR,
..,. md .-ornu,.- Than VA. rrartir,lG
I'm. ..,. ,,,,ti,.;.i.j .,,,,. AND :, ma, J.,
= ,,:.I 49,. ;,'..,..,.;,,,, l,,.;,'..,s
..'. -. ..u;tI -.
""I
y '1-''' g. '""'' '..''' 'tt'''4 2r'''%
I'm ~ '''' - - pi''!'"".e ~ '"i'"'"> "''
rt''T''.: '". !'':.'''"''. was 'arc,N.!! prepare
b. 'a'..lni.''r 'I. )Intr,! the !Y-i>.. +"
and. AT y n1'N"" rorNi''r'r'lpn. adop,'''i /
thu q # 90: NpN,""tr. lHi2. ii /, not ~
posed jIIt,;I.E GENERAL PROVISIONS are n,'','"
either II Ni,N 90. tue Tght, q. the c"rn"r,
liyli,. 3D.. .!., >,.,., 60. the I,l..t. \ 80,
If the Law, o., ~. >,,};..... or 4 system o
n,,; al,nt,d att,r mature d.hb.ra,;o,
>,,.I.i no, h.. Glanced until exn.rirur,. la
l.,,,..,... +, mis- and detects and thu,
v,, J, ,3r,.,, LEGISLATION. usually intended :
r,n.,r'. some t..n.ieI Inconvenience. win
ma, mar H.. >,,umctr, Of the who'll. system
i.N.,..,,on, ;o ti,j> General remark na> oil
l:on-,y h.. ,:,,r.a:nr... .or reason, clear al.
,.n,i.,,. ....! 4, ,..n II. ..N,r.,...,. 49,
,,-,'n"'n~r', ~" >,n-'r a';:i;iona; provision
that III III. .u'2:e con Traction Of gailro1
LriG-n>-- e<ccp' when tie raj TIA l. al
u,.,. he t., %. the hrijt,- am O, all puhl
M uri,.,;. L,i.i.,- under which train, 81
cI"> .,r.- 10 pc. The hci"ht Of The iIu~s >ha