Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1854-01-17
LEGISLATURE or VIRGINIA.
MoEDAY, JANUARY Is, 1854.
zen ATE.


Prayer by the Rev. GEORGE WooDHnlDaE Of the Epsco.
pal Church
The adopted joint resolution from the House that
the Board Of Public Works may, their discretion
the Famon and Wheeling turnpike road to be located and
constructed and the river hill Wheeling upon
any grade mol exceeding five degrees-and Mr. MARTIN
quosted notify the House.
communication from the House by their Clerk that they
agreed the resolution for the election OF Major Cen
cra for tho Sd division OF Virginia militia and had passed
bill to Incorporate the Salem Male Academy, which was
read first and second times in the Senate and referred to
the committee OF General Laws.
Mr.. DENEALE, from the Committee OF Roads reported
bills: amend the 81 section Of The net Of March SOh,
1855 to incorporate the Fish Creek Rail Road Company;
amending "a section OF chapter - of The Code of Wiz
gnia 10 authorize the construction OF State road from
Monterey in Highland county TO Summersyle 10 increase
the capital stock of the Mechanicsburg and Wyhc turnpike
the capital stock OF tho Junction Valley turnpike company
10 incorporate the Back Creek Valley Turnpike Company
TO authorize sale Of PARTON o. The works OF The Aexan
da canal company 10 the Alexandra and Washington city
rail road company; authorize the sale OF part Of The
work of the Washington and Alexandria turnpike company
10 The Aexanda and Washington city rail road company.
Mr. SMITH from the Committee Of Banks reported bill
incorporate the Bank OF Guyandote IN the county Of
Cabc also. bill provide for The suppression Of the cir
culaun currency Of notes OF less denomination than
five dollars which, motion OF MIR. SMITH, was read a
first time and ordered 10 be printed At the suggestion Of
Mr. DEsEALE. 500 copies were ordered to be printed.
The joint resolution Of Mr.. OLp, requiring The Board OF
Public Works instruct all the State directors in all in.
tena improvement companies n which the State has inter
Than IS, came Up regularly In order.
MIR. O.o accepted Mr.. PAaXERs amendment, embracing
In the exclusion individual notes OF all denominations
Mr. OLo addressed the Senate In reply ~ Messrs WITCH
gR and WARD He said that the powers Of the Board of
Public Works are too great he responsible because
he had not The with the Senator from Pittsy
va advocated measures which led 10 that concentration
of power Mr. o. thought that the limited authority which
he proposed 10 confer The Board would not improperly
enlarge their power. He answered the objection that This
measure woult operate GENEROUSLY upon particular cass-
al he wished was 10 execute the law and no class could
be roro properly compelled obey the law than the officers
sance great extent INTRODUCED into The Slate and
whose example tended promote general violation OF the
law The proposed remedy OF the Senator from Plsylva
uia authorize our own banks 10 issue small notes would
but increase the evil Mr. OLD contcnded st present. there
is large number OF specie dollars in circulation but If
small notes be legaized they will drive away the metallic
81 coin in circulation, and In case Of revuon Of trade
there will be an immediate the banks for specie
and suspension OF specie payments, bankruptcy,
will MIR. 0. referred 10 the ruinous system OF
the old French assgnois and paper circulation, which
was afterwards blown up and sound banking sys.
tenn established metallic basis and no note less
than 500 rsncs abou 59 allowed be ssued Dill, O. also
referred 10 the condition OF Pennsylvania In The business
evulsions OF 1876 when small allowed snd led
to great mischief As remedy that State passed law
suppressng the circulation of small notes. aud means
of interesting the community in tho execution Of tho law,
imposing fine OF S. half OF which was 10 20 to the
nformer-being The as The present Maryland law
He had The high authority of Mr. Gal!an and
Mr. Rauge TINT the relief was and specie
circulation brought about No time is more propous
present for such measure when business is on sound
healthy and prosperous bass aud when the proportion Of