New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-02-05
previous year Of 1924, $50 A.
Tie PhiiGdeiphia Ledger says:


Gov Bells proposition In his Message TO the LeQis
lsture OF Texas touching the public debt H. in plain
terms this Give Texas five hundred thousand dollars
OF tha hive millions now lying In the Federal Treasury.
and the remaining four and a halt millions Congress ID
st liberty ~ enlarge to any greater sum- whatever
fnt II interest Ia most agreeable In liquidation Of those
liabilities a TexA for which the Of the Repub
lie repledged The Governor names eight and abalf
millions at v cent but Il is manifest that his great de-
sire Is o. finger for Texas half million Of the moneys.
caring little whether the creditors more or loss
Alas how State sovereignty has wted down"
The House of Delegates of Virginia, dur
ing the past week, passed bills making three fifth sub
scrlpdons and loans to internal improvements az fol
lows To the Central Railroad, slOO0,0OO Manassas
esp Railroad sisO,O00; Brandonsyille and Fishing
Creek Road, $4,000 Orange and Alexandria Rail.
road, $4,000 Danville aud Wythevile Turnpike.
2OoO shnton Turnpike, $1,000 Csssville and
Chspmanyie Turnpike, 5000; Cranberry Summit
md BrsDdonsville Turnpike $4,000; Beverly and
Fnirmont Road, 10000; Richmond and Dsnvile Rail
road, sG00OOo; Petersburg and Norfolk Railroad.
$4,000; Richmond and York Railroad, e3o0OOo;
Surrey and Front Royal Turnpike, $4,000; Virginia
and Tennessee Railroad l0OoOOo Total, o. 2ol 900
The Richmond and York River railroad bill has passed
the senste
The case Of the Franklin branch Of the State
Bank Of Ohio, at Columbus, ct al against Oliver p.
ton Tor writ OF injunction restrain the Treasurer
from collecting taxes claimed TO be due from the
Franklin branch and others under the law Of April Is,
ls52 came up for special hearing before Judge Bates
Oh Saturday morning last The question involved the
constu,ionsty OF the law passed at that time 10 tar
Banks as other property Is taxed. Tho Judge In his
decision held that the clause Of the Constitution under
which The law u claimed 10 have been passed Is on iD
face contradictory and inconsistent u specifies with
minute exactness the precise property which shall
be brought upon the duplicate, notwithstanding one
half Of the property specified Is only the Representa-
ye Of the ether half IL then provides that Banks shall
be 20 taxed be placed upon equal footing with
other property and taxed 10 the way. lie thought
the former clause must give way 20 the latter one be-
csuse Re could not conceive that the Constitutional
Convention ever contemplated taxing Banks twice ~
much AZ other property. This law does 90 tAx them,
and 10 therefore inconsistent with the Consultation Of
the ssste IL !. not denied that charter contract
H. therefore, the Constitution Of the State violated
pree1isDg charter t in that far a vsison Of tho
Federal Constitution, and mrst give wey TO IT, lisa
nudity Any ether idea would place the State above
the Federal authority, and cannot be tolerated for
moment But this queUion be did not consider Is ne
cessary 70 decide, for the ether covered the whole
ground The Injunction was allowed.
The Annual Report Of the Ohio and Penn
sylvsuia Railroad Company for the year 1859 states
that the sss earnings for the year have exceeded ex
pectations being for The year s315,lle S. and the ex
IeDditCres- including repairs. maintenance Of way.
l33 81; leaving for net earnings ei72s53 Is.
Annexed u a summary Of the earnings In each quarter