Richmond daily times. [volume] (Richmond [Va.]) 1850-1853, 1853-01-21

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loan to this company, came up in the House
! Yesterday, vs. the unfinished order of business
| Mr.. Barbour delivered speech of some length
! in opposition to it. He declared that the de-
maads OF gentlemen now calling for change in
the mode of appropriating money to works of
Improvement, would be step backwardsto which
he for one would never acce1e; nor could they
meet with favorable reception generally unless
gentlemen should give good arguments in their
support. Mr.. B. said that the exordium of Mr..
Segar's speech yesterday, presented strange
contrast with the peroration. In the one he tells
us that the iron horse will have to trav dos
erts in this State, which it will be mpossi
Bile for him to pass unless freighted with money
from the treasury; and in the other he gives
glowing description of the wealth and produc-
tive capa cities of these very counties. Now if
these lands are rich, and if all descriptions of
property in the counties through which these
Rail Roads pass to be greatly enhanced
in value, is it not reasonable that the people who
to reap the Immediate benefits should con-
tribute their full quota towards the construction
of the works! Mr.. B. read from a speech
delivered by Mr.. Segar years ago, when
the Virginia and Tennessee Rail Road bill was
under consideration in the House. In this
speech Mr.. Seear roundly estimates the
saving which the people will annually expert
fence by the railroad wagons in the trans
portation of their grain to market, to be 1884,
600. This is equivalent to distrbu ton among
them of four millions ofdollars. How unreasona-
bic would be such demand The Danville
Road runs through country the property of
which is valued at thirty-four millions of dollars;
the people have ample means to build this road,
they have, as the books of the Auditor show, four
million of dollars invested in State stock and
private bond s. and if the enthusiastic predictions
OF gentlemen, as to an increase of so and over
100 per cent. in the value of property, by the COLI
structon of this road, be we'll founded, ought not
these fortunate individuals, who realize these
immense gains, to come forward and appropriate
SOME of their means for the contamination OF
this object! Mr. B. read from the report of Mr..
Tunsta to the Stockholders of the Danville
Railroad, in which that gentleman says there is
an immeasurable degree of capital in the coun-
ty through which their road passes and why the
people do not subscribe to its stock, is phenom-
enon in the social world But, says the Presi-
dent, the people are considering the ques
tion-it has taken hold of their judgment and
found 10 gment in their hearts. Mr.. Barbour
said, that in reply to the remark of Mr.. Segar in
relation to stage coaches and wagons which that
gentleman asked if he (Mr b. would compel
the people along this road to return to, he would
simply say, that before he would make railroad
for people possessing such abundance Of
means to help themselves, he would them
forever confined to wagons and stage coaches
Mr. B. spoke of the extravaganza so much prac-
ticed by Internal improvements in this State,
and suggested that the most e1ectual remedy for
this would be to compel them to go among the
people and experience little difficulty in obtain
ing money. After giving many other reasons
against the policy ofadepting the system of loans,
he Mr.. b. closed his remarks. Mr. Wallace
commenced reply, but gave way to an adjourn
ment. He will resume and conclude his speech
to-day