Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1854-02-18

accorded tc the gentleman from Augusta (Mr SKINNER
70 define his position He should vote against the reso-
luton, not because he opposed to investigation,
far from H. but that he objected the mode OF inquiry
proposed. Tho transactions Of the Board Of Public
works arc sy law open TO public inspection The prop
plan would DO TO appoint special Committee to make
the Investigation and report the House the
facts. Tho gentleman from Essex (Mr. GaRsrr) shall
have committee Of his selection with such number
an he may desire and colhe them with such
Thought expsdenk Il would be in tho discretion Of the
ConmHsec 70 report such facts might be compatible
with the public interest to publish to the world
Tbb IL adelicate subject Our financial condition Is
delicate There are vast pecunsry obligations rest
depends upon credit In the money markets, and
In financial negotiation The answer to these
oations viii DO published Ia Wall Street and in London
before the LIST day Of April Who can tell what effect
such disclosures may have upon In eecng
future loanss Can expect bankers and capitalists
deal with, negotiate with us IL shall publish the
world all our transactions with them 10 process Of negoti.
alton. Ii gentlemen suppose that coupon bond is q
Of good aud cnattc to be hauked about In market
overt To bring the greatest price at public auction they
are greatly mistaken. Success in their undertakings
opened upon influences rarely felt and appreciated upon
the prospect OF peace or upon the flow rcux of
gold and silver the supposed sovency of the Dor
rover and his skill in financial negotiation. Bankers and
capitalists having their transactions
posed merchants would be to submit their edgers
to public inspection. Such exposures dissatsy them
and place at the Of those who interested
break down credit with the world. report of the
chairman excellent gentleman Of your committee
Finance, at former sessionwas published in every
city in the Union, and tended TO iniure Virginia
credit to dcprcciac Virginia stocks than host of hired
agents could have done in ten years Let US have the
Investigation TO extent that be desired Let il
be by special committee They report all that is
necessary TO be known. IL transactions have been
omitted by the resolution this committee will find them
IL there have been violations Of lawf the public inter
es,s have been sacr6ced-f there have been
and transactions that will bear the light OF dayno
considerations should prevent their being debated drag
ged forth, and with their orginators exposed public
vie aud legislative action.
On motion of Mr. ZiSS, engrossed bills taken up
when bill providing for the relief OF John S. MoSby
passed.
The of the relief extended by this bill is the
mission Of fine Mosby Of $500, inflicted in addition
a Of Imprisonment for the shooting Young gen.
tsman, fellow student Of his at the University in Char
lottesyie lie is now, appears, twelve months in Jail
which but portion OF the term inflicted, the remand
being RENTED by the Governor, could under
stand without any interference in regard TO The fine. In
default of payment of this amount Elk months imprson
ment was imposed.
Mr.. ToNLS offered some opposition to the BILL upon the
grounds of his fathers ability 10 pay the amount OF the
fine.
The statements OF Messrs. Goss RurHEsYocRD and
other members show that the father could not
pay the amount without inhicpg injury other
bers Of his family.
The upon its passage stood-ayc, 81, noes 25.
Mr. WHITE moved TO take up the substitute the 5Oth
rule OF the House. of which he had given We'd
nesday night. (The rule proposed To be substituted
have already given with the proceedings o. the evening
session Of Wednesday,
The motion take up was agreed to- and the question
on its adoption being put, decided in the negative.
Mr. MAYO, from the committee on Banks, reported the
following bills
bin requiring Savings Banks make annual reports
to the Governor.
Gi incorporating the Bank of Philippi in the county
o! Barbour and
bill authorizing the Bank of the Valley of Virginia to
establish Office in Alexandria.
He then offered the following resolution, which was
adopted
That this House will, with the consent OF the Senate
proceed TO on Saturday, the 18th inst, IL o'clock,
the election OF the Superintendent of the Penentiary
the term OF two years from the LIST of January
He then made motion to adjourn, which agreed
to.