Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1853-04-19
To The Edtivr, Of the Enquirer

To The Ed'to-. or the Enquirer
Gentlemen Leading editorials have appeared in the In
quiler, which Of the Report from the Commec 9
Finance on II" debt liabilities and resources al The Sas
My own humble Is assigned conspicuous ptst!"
and species oi is unresrscily though re-
specially Pronounced The artil,= F"lcr I" public act
which il 7 assumed performed leading part ard ,l"'Gs,
on The uigln ii committee, you appehr I" is'n
ust 10 aliach t. me Individually tie entire tsl1-a''i''
the Report
II has been -acd nn The tlror the House Of Deeaars
that the RfPG ordered hU made BY thI cohcuOln.
suffrage U an tie members u The Cnmhhti;r present .
whom, II l. tue, that halt were active and distinguish
friends oi !n'gc appropriations 10 wnrEa n Internal '
pruvenrnS vino have greatly contributed ~ nc ii
unp ol lhe internal Improvement party who have ~
etlcd c"""ne influence in p'e-orvlng - haEhohou
organization through The perIs and dihr"rs 't ll y
sent session Sill II 10 he regarded hS the alhn
the docun.n shrink from 40 Jnsi responsibility ana c"
plain al no candid criticism
do not acknowledges however, that have n" c",-r =
complain t"n have Published sevcte consHf" on me "
port aud The publication o tho report. i0n have nt.
attention Z" inc rs liz author hn an h't hrT@aa ~:
you have Inserted The document III y6nE columns '"
have pronounced ,i Iment Oi caniGnnhn; you hlfeh "
The country sustain Your decision and Withhold iroh Ut.
country Information essential 10 condu" TO Just '"n""
sion,
1t has been charged against The author the report lt'
he s animated by ardent aud morbid desire TO destroy "
impair The credit Ol the *ialr; GnI II l. alleged 'hs -
statement "t III" public lct inrth III that dcInlr"'
calculated I" produce such a result
This caige preferred against the individual, vie" III W
late teiodm convenon reported from thr legislative con-
mittee The clause III, Constitution which p!oVhr-
the establishment ot sinking iund pay The i"o' -
In thlTiyour yeats ani who publicly ana Eehio"sh 9"F
ported III" provision in "lrn drb,'e in that body
lIlhc Pf"at VI thr injustice III the accusa"h i "
nlshad in the report itself IN which Is SAID The cream :" "
State s established the highest and rmcst onnda,
and that the bonds oi hc Stale entitled 10 coina ~
highest premium known 10 tho stock market ms oF'
Is supported By the reasoning contained IN The l"o"i"
quotations from lhl document; -.
"lhe credit OF the commonwealth Is entitled " '' -
est Confidence Her bonds shonld command The hah.
Enn rCa;
size Offers when oro"oht iao comparison win he'
ness is amr", syund ali doubts for, besides any c-1"
which she may icri"e sTaa her public works =, inc '
dividend she tbs INC unlimited right at 3XaiiG- ~, =
10 assess tax &C b.: EIn''rd millions oi i'a7S p''I''
0""n Fccfc The Legislature ccnsi:a1c ic exc
ihis power - ti demanded By tic 1cc'S&ts :. y! ~
state being required ~ express provision Q! ths e
iuon which tue members individually sworn :" -.
port to provide Tor the establishment OF sinking !"i.
equal TO ir payment al he annual interest aud me "''
redemption ni the principal i'll thirty ylour years
"lhc length a! lime which State bonds have yt' |" ~
materially Affects the market value, and, IN TINS teTPct
public securities are supposed IL be preferable to lo>'"
cinia The evidence al debt is 10 the form dtlcri"
the wish u III" purchaser being either registered c,r
coupon bonds which pass by delivery baih nov" -
ms bank bearing interest -
Yet this paper is denounced attack IN public err"
and lis ailh" stl9maiisnA the destroyer "t Tie cea
the Commonwealth Ii iurther proof were waning ~ =
'aGiisf the injustice al s charae, might refer 10 c ~
ceednGs oi the House u; Delegates the oiil hpos
lakes Tor hr support oi government. That bil ""s
on principles altogether tisasefu conoeh'h =
plan and l!s structure aud have the fullest conhhehtt
estimates are erroneous and deceptive. Yet, mol m
ing my strong objections 10 the measure, and thous" -
in no responsible for The necessity raise Tie rev
nue. deemed the honor and credit OF Virginia invoeo
cast my suffrage in Tie affirmative the passage :" "
bill And il s worthy Of remark. that ihc measure o"Su