The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1861-01-28
HOUSE OF DEL LEGATES.

On motion IF Mr. BRrcE. the Senate ad.
iourned.
HOUSE OF DEL LEGATES.
SATURDAY, Jan. 26, 1851
The House was called to order at L O'Clock
NJ, by Mr.. HOPKINS, Of Washington county
Prayer by Rev. J. B. JETER of the Sd Bap-
fist Church
Sen2 te informing the House of the passage OF
House bill entitled an ''act authorizing the
payment of forfeited commissions and dam
ages to the executor of Charles Holden, dec d
late Sheriff OF the county of Harrison :" and
Senate bills ''for the relief of Charity Casey, -
and authorizing the NOrtolk and Petersburg
Railroad Company 10 construct a branch oi
their road to some point on the North Caro-
lima line. and TO increase its capital stock"
The bill for the relief of Charity Casey was
taken mp, and being explained. was passed.
The bill concerning the Norfolk ANA Peters
burg Railroad was taken up and f'ead when
a motion was submitted by Mr.. WAITS 10 la Y
the bill the table. Opposed by MesSrs.
BIsBTE. SEGAR. RrnrICK, COLLIER, and others.
The Touse refused to lay the bill on the table
Mr.. WATTS then offered the following amend
ment
"Be il further enacted, That the said contemplated
branch shall in point be located wc>t of the
meridian o: the town of suffolk and that con-
nection shall be Ii;afe with the Wilmington and
Weldon Road, or any braith or extension of it."
The amendment was voted down, and the
bill being put on its passage was carried in the
affirmative.
Bills Reported-The following bills We're
reported from Committees, viz BY Mr.. Bis
bic from the Committee on Agriculture and
Manufactures, "a bill to amend the charter of
The Virginia Car-Spring Company :" by Mr..
Montague, from the Committee on Courts OF
J Justice, "a bill authorizing the Board of Pub
lie Works TO appoint Commissioners to esti-
mate and report losses sus tanned by VIM w .
King. in the construction of the fourteenth
section of the Ohio River and Maryland Turn
pike Road - also, "a bill authorizing the
Board OF Public Works to appoint Commits
sioaers to estimate and report upon losses sus-
tanned by John COnaway, in,the construction
of the Farmont and Whcel-ug Turnpike
Road
ddrerse Report Mr.. Jones, of Gloucester
from the Committee on Military Affairs re-
ported that the committee had had under con-
sideration a resolution referred to them TO in
quire into the eXpedicncy OF authorizing such
volunteer companies as hare not already been
provided with arms by the State, 10 purchase
arms, the quantity and quality to be defined
by law, &c, and had passed Il resolution TO
the effect that it is inexpedient to legislate on
the subject.
PetitfonS-The following petitions We're
presen ted :: By Mr.. LeftWitch the petition of
the securities of Robert o. DoSS, late Sheriff
of the county of Campbell; by Mr.. Chapman
the petition of sundry citizens of the counties
of Monroe, Giles and Craig, praying the pas
sage of an act incorporating a company to
cons truct a turnpike road from Newport, in
the county of GILES, to the Gap Mills, i'll the
county of Monroe.
Rss0Iuti0ns-The following resolu tions of
inquiry into expediency We're presented al d
referred, viz: BY Mr.. Evans, of reporting IA
bill for the relief of VIM. II. Ninder, of
Mathews county: by Mr.. Mckenzie of in
structing special committee TO inquire into
the expedtency OF painting the Capitol.
Bans Reltef BjU--The House proceeded to
the consideration of the unfinished business OF
Yesterday, being the ryder offered by Mr.
Nc kKNZIE 10 the bill for the temporary relief
OF the banks of this Commonwealth, which
had been returned passed hy me Senate with
certain amendments. The pending question
was shall the bill and ryder be laid on the Ia
BILE. After debate, the House refused 10 lay
ii on the table.
The ryder offered by Mr.. MCKENZIE. reading
as follows:
suspension Of specie payment, charge aid receive
damage, on drafts for non payment. nor charge or
receive between baltimore and Nirs sinia, during
the suspension Of Mary land, greater rate Of ex-
change than one per cent,
Was discussed by Messrs MCKENZIE, RoB-
ERTsoN and KEEN.
Mr. KEEN said he was opposed to the ryder
He concurred fully in the objects proposed to
be obtained in Il part of II, and would most
cheerfully vote for the repeal of that section
OF the Code which provides per cent. dam
ages on drafts They should not be discounted
unless i'll good faith, and when thus made, and
the parties failed to pay, for commercial, po-
iitcal, or other reasons, 1T is misfortune
which the drawer should not be compelled TO
suffer Tor. 1t was enough that the drawer
should be compelled to pay principal and in
terest As TO the object sought to be obtained,
he was opposed 10 il. This House could not
regulate the exchanges OF the country. The
res sult OF adopting the ryder would be to lessen
the competition in the sale of exchanges. De-
priye the Banks of its sale, and you throw ii
all in the hands of the brokers, thus benefit
ing them and damaging corporations i'll which
the State is interested. Nor would the people
derive any benefit. AT another time, ana in
another bill, he should seek To obtain the OBJ
jects sought in the first part of the ryder
Mr.. SIBERT submitted motion TO recommi [
the bill 10 the Committee on Banks. The
question being stated, Mr.. RUTHERFoORp said
he favored the motion to recommit the bill to
the Committee on Banks. As originally re
ported, it was simply a bill to legalize the sus-
pension of specie payment. But one amend
ment had been adopted which embraced the
repeal of the redemption law another had
been adopted which, ia advance, authorized
the suspension of specie payments by any
Bank hereafter TO be Incorporated and an
amendment was now pending relating TO the
subject of exchange. Upon none OF these s,es-
lects had the Committee on Banks reported,
and il was peculiarly desirable that on SUBJECTS
OF such difficulty and importance, the House
should be aided by the Judgment OF its stand
ing committed, having these subjects peculiar
ly in charge. At Il proper time, Mr. X. would
propose change in the existing law, with the
view of putting end 10 the practice of the
Banks in discounting time paper payable al
the North, in preference to paper payable in
Virginia.
Mr.. SMITH, of Amherst, called the previous
question, which was sustained
Mr. BoREMAN demanded the yeas and nays,
and the same being ordered, the motion 10 re-
commit was lost--yeas "A, nays 90.
The question recurring, shall the ryder be
engrossed and read third time, the House re-
fused, on call OF the yeas and nays, "a to '3.
The bill was then put ON its passage, and
carried in the affirmative.
On motion of Mr.. HArMaSD, the title was
amended by striking out the word tempo,
rary."
State Ds(eaee.--Mr. SMITH, OF kanawha,
moved 10 take up bill appropriating one mil
lion of dollars for the defence of the State. A
discussion ensued, pending which
The House adjourned.
ARMS FOR ArarsrA.--The Gazette states tha,