Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-02-04
%IT-H lTEE5 3.

<3IT& lXEHaS.
Tux JANIS RIVER AND KANAwHA CAYAL.-An adjourn
ed meeag Of the stockholders of the James River and
KanawLa Company held at the ohce OF the company
in this city Monday evening last.
Peaehy r. Grattan, Esq having resumed the Chair,
Col Ellis the President Of the company proceeded 10
lay before the stockholders such Information as ne had
received siGce their adjournment IN October, touching
the execuory agreement of Beot de Mnieres Brothers
and Company He first read letter addrC ssed by him
self 10 Mr. Faulkner Minister at Paris on the 10th
of September last explaining what he understood to be
the facts aud circumstances CONNECTED with this agree
ment He submitted all the letters received 10y him from
Mr. Ernest Belot des Mnieres, since his arrival IN
France and read extracts hererom with the view par
cuarly to show the disposition as well as ability OF the
parties on the other side comply with the agreement
From these letters which extend to the 10th OF January
it appeared that the requisite amount of capital has been
secured by the firm in France, in manner entirely sat
sfactory thcmsevesthat the parties have been ell
gagged in discussing questions OF form and detail among
themselves, affecting their organization as frehch com
pauv separat R from the organization on this side-hat
they claim the privilege and right of executing the eou-
tract when confTred by the Legislature though they
indulge the hope that the Legislature Will modify
il in some OF its provisions which are regarded as harsh
and that everything having been accepted IN
principle by financial commercial and political powers
caplhe of accomplishing much more than they nave uI-
dertaen they for the present. ayed by the star
Ing eve nts Transporting in this country the elect OF when
lv understood by all intelligent perscps-that they think
il but reasonable that due allowance should he made Tor
some DELAY on their plt, under the crcumsances-ahu
with explanations that they deem 10 the advantage oil
All the interests Involved that they should be IN France,
rather than here at this uncure, they assert IN ihe
strongest terms their purpose and their ability to comply
with the only, there be not gene
raj civil sAr in the United States.
In confederation oi these statements OF the parties
themselves as made through Mr. Ernest Beot dea MI
.fg.1u L V.nIl LAT aNG tFnm n
File. Ir Eo Colonel Charles F. NJ. GerneLt, the Hon.
Nrscoe K IL Garnett, Ar. Paul, the French Consul IN
Richmond, and Mr. Mercer, the French Minister IN
Washington con aiming what is all hands regarded as
pointed confirmation Of the high character and abity
of tie firm Beo drs Ninere' Brothers and Company
and of the parties in Europe who sustain them.
The Governor OF the Commonwealth, (the President
said) in his proclamation OF the lo'h OF November
prominently assigned the consideration OF this contract
"a one of the reasons for conveniug the General Assem-
bly in extra session the 9Th OF January aud IN hiS
message to the Legislature, he recommends the subject
10 their favorable attention. earnestly hoping hat wise
and cousderate policy would be adopted looking 10 he
early completion OF this great central improvement" anu
adding that the he bad received induced 'he
confident belief in his mind that Mr. Bllio Dc Ainleres,
who YVES then expected here in short time would come
prepared to execute the contract on h's tart
The President then stated that the Secretary oi the
Commonwealth at the request oil the Ooafd OF directors,
had prepared a charter for the Nirgiaa Canal Company,
which was in fact careful revision OF all existing aws,
| relating TO the James River and ktnawha Company,
brought iuo act conforming as nearly "a possible 10
the provisional agreement OF the LIST OF September with
such additional provisions as seemed TO DC proper III
vie of the circumstance that large foreign influence
is proposed be brought into the future administration
of the company In the preparation OF tins eharier the
Pres said the Secretary had been aided 10y sueges
tops elected by letters which be he Presdentl had ad-
dressed IN number of intelligent and influential gentle
men in aud out Of the Sae. He rendered these replies
(about seventy atogether) for the information OF the
ockho1es-and desired especially TO invite attenlon
| II the le,tcls of Commander Matthew +. haury IT, y
N,yy Of Messrs Hugh Blair Gr,gsby, David Holm
| Conrad 4 C. H. Keau Franklin Minor Henry Ruiile',
| John Fob William S Pumer. Robert J. Conrad,
John Tyler George W. Lewis Charles E,t, Jr !.
D Clifford Samuel Garland, Jr, James ~ Mason WA.
| Boulware, William II. McGui-y, Duncan l. Mckae, and
William RurwclL as containing valuable and interest
iog suggts ions the other grncmtn generally, comm
ing themselves cordial approval OF the contract OF
else considering il mainly in the light Of It's adVantAge'
| public and private.
The charter thus prepared lad been ordered to te
printed by the Committee Roads aud Internal Navi
cation of the House oi Delegates The committee,
consisting OF hC en- members, OF which Genera Chap-
man. one OF the Delegates from Monroe, IS chairman,
hsd eynced their OF the importance OF the subject
in hand by litng the Committee Roads, Ac oil the
Senate consisting of fourteen Senators OF which Mr.
Paxo the Senator from ROckbrdge is chairman, to sit
with th Jointly for is CONSIDERATION Several meetings
OF the committee had been held; he, tue President had
|
meut aud explanations seemed to be proper and he
was grati6ed to inform the stockholders that he had
found in the committee evident disposition TO pro-
ceed in the thorough and cautious yet liberal spirit
TO perfect measure OF much Importance TO the peO-
/ pie OF Virginia
In conclusion the President read letter from the
French consul politely rendering, for .uch u'e as be
might think proper copy Of the report made by him to
his government in June last relative 10 the canal Thl-
report the President said being printed Jn' Or
der of the Committees OF Roads and Internal Navigation,
and he did doubt that its effect would be highly la
yorable upon the enterprise in question.
On motion of Col. George W. Muniord the following
resolution adopted
Rssolved That the stockholders having heard the
plantations Of the President relative TO the executoy
agreem mt of Messrs Bellot DIES Minieres B,o:heIs
Company do hereby express their undated interest in
the said agreement and respectfully request the General
Assembly sanction the same with such me dhcations
| as shall seem to be Just and proper.
Ga motion Of Col Muniord also, the meeting then ad
iourned to meet at the call Of the President upon ten
days notice in one of the newspapers OF this
citV.
We learn that the charter above referred TO now IN
the hands of subcommittee of the two Committees on
Internal Navigation consisting OF four on the part of the
House and three of the Senate and that the sub commit
tee meets evey evening at the office of the President for
the purpose Of considering it in all its details.
| Basis FOR A CALcUiArIoN-At the Presidential elCc-