Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1860-02-13
RICHMOND WHIG.

SPEECH OF GEN. A. A. CHAPMAN, OF MONROE.
Extract from that part of the speech Of Mr. Chapman of
Monroe delivered in the House Of Delegates on the
goth and 2lst of January last, on the bill for the con-
struction aud Equipment Of the Coyington and Ohio
Railroad in which the condition OF the finances oil the
State are considered
Mr. Chapman, said, that before proceeding discuss
the merits of the bill he desired to meet at the threshold
an objection that he learned had been urged by some
gentlemen appropriations the present session 10
works OF Internal Improvement and especially TO the bill
under consideration viz That the finances OF the State
not in condition to justify it. and that the taxes
would have TO be increased provided appropriations
should be made 10 works of Internal Improvement by
the present legislature Mr. Chapman said this that
old song which mad been sung to every Legislature for
the last halt century when appropriation had been
asked for the Improvement of the State but there
truth in such objection he would be of the first
to against all appropriations TO works OF Internal
Improvement however important they might be, as I'M
der no circumstances would he increase o.
the taxes. But after careful examination OF the
finances OF the State he most happy to say there
need be alarm that subject aud be begged the Sc
rious attention Of the House TO the exhibition he
about make. lie invited the scrctest scrutiny and if
there could be any error in any statement he should
make he desired it to be corrected.
The Auditor of Public estimates the receipts
and charges into aud upon the Treasury in the fiscal
years 500 and 1861, follows:
Balance in the Treasury on the lst Of Oc-
tober, 1859, 5 IO4ols 80
Estimated receipts for the fiscal year
ls59-6o, @,77l ,O6s 90
SSS75oS2 S2
Estimated charges for the fiscal year 1889
90, S,66o,2s9 Is
Estimated excess of means over charge,
Ist of October 1850, 2I4,s4S II
Estimated receipts for the fiscal year 1860
'6l, s,7S5,762 90
4OOO,6o5 Is
Estimated charges for the fiscal year 1860
81, Sl06,45S 81
lst Of October 1861, 1894, ,lj2 50
The Auditor in the above estimate has charged against
the treasury every item, that by any reasonable
probability could be charged against it including
only every ordinary but many extraordinary charges
intending he erred it should be the safe side. He
includes his estimate of charges the whole of the in
upon the guaranteed bonds OF companies aud cities
that have been charge upon the treasury the
whole amount that uay full due for casting in bronze,
and delivering the statues Of Lewis Marshall aud Nelson
and erecting Samethe expenses of the present session
of the Legislature and for the militia $4,000 above the
fines and which is not now, and probably will not
be made By law, charge upon the treasury-in hne,
every item that has heretofore been charge upon the
treasury has been estimated by him The Committee of
Finance have informally reported to this House. that
upon the same subject estimated by the Auditor Of
Public Accounts, the following will be the result viz
Balance in Treasury lst October, 1859 Sl04,Ol$ SO
Estimated receipts for the fiscal year
ls59-5O. @,7s2 2S4 4G