Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-02-28
VIRGINIA LEGISLATURE.
SENATE.

| oENATE
| WEDNESDAY,, Feb. 81, 1851.
The Senate was called TO order at ii o'clock.
Prayer by Rev. Mr.. PEfERKrS of st. James Church.
BILLS REPORTED.
By Mr.. TH0MPS0N-A bill to amend the charter OF
the Virginia Car Spring Company.
BILLS PAssKD.
The following Senate bills were taken up and passed
A bill for TIE relief of Daniel S. Dickinson
bill establishing branch bank at the town Of JEFF
fersonville in the county Of Tazewell.
The following House bills we're also taken up and
passed.
A bill refunding to Matthew walmsey, Jr., Of the
county of Randolph, certain amount of money erro
neously paid by him.
A bill for the relief of Rev. J. Packard.
A bill granting the Commonwealth right to the real
estate Of John Kelly, deceased, to Owen Shea.
bill for the relief Of JAS Scott of Greenbrer county
bill refunding license tax to Paul Farley, of the
county of Lunenburg.
A bill refunding to the securities of VIM. H. Blanche
late Sheriff Of the county Of Mecklenburg, certain dam
ages paid by him.
A bill to amend the charter of the Bank of Scotsvle
A bill to incorporate the Copper Springs Company.
bill TO amend the ls section Of the act passed March
4h 1856 making the bour Diary line between Fuvanna
aud Abemarle counties.
The PRESIDENT laid before the Sena'e communca-
ton from the Executive, transmitting documents from
Hon John Robertson Commissioner visit the seeding
States. Laid the table and ordered to be printed
bill to limit the right to make entry or bring an
action to recover lands or the possession thereof West
of the Allegheny Mountains.
The bill TO incorporate the American agency. On mo-
ton Of Mr.. CoGHLL it was laid the table and made
the order of the day for Friday next.
Mr.. C0GHILL, from the Committee of Courts Of JUS
tce reported adverse to the petition of Edgar McCoud
asking Tor the ensavement OF certain free negroes.
On motion of Mr.. ARMSTRONG, the Senate ad burned.
HOUSE OF DELEGATES.
"WEDNESDAY, Feb. 81, 1861.
he Hnusa woc called In orda at I O'clock A NJ nv
| the SPEAKER.
| communication was received from the Senate an
nouncing the passage of sundy bills by that body, and
asking the concurrence Of the House in the same.
SENATE PASSED.
Incorporation the Little Ksnawha Mining and Manufac.
turing Company providing for the voluntary ensave-
Of sundry aged free negroes in Buckingham county;
amending the charter Of the Bank Of Commerce, at
Fredericksburg; Incorporating the Madison Magnetic
| Iron Company
| Mr.. KNOTT moved 10 reconsider the vote by which
the Senate bill incorporating the Little Kanawha Mining
and Manufacturing Company" was passed. The motion
agreed to- and then motion of the same the bill
referred 10 the Committee for Courts Of Justice
| REPORTED.
Amending the pilot laws Of the Potomac river author
ziug the Distribution of Mayos Guide authorizing rail-
road companies to appoint police agents. Senate bill
amending 9th con of chapter l65 Of the Code, with
amendments amending the 4th and 9th sections Of chap
ton OF concerning the town of Middleton with the
recommendation it bc rejected.
ADVERSE REPORTS
To the petition Of Spencer Drummond to the petition
OF citizens of Allegheny county.
PETITIONS.
Mr. C0WAN presented the petition of citizens of Pres
ton and MonOngan counties, asking relief in the matter
OF txes upon the licences OF merchan beginning bust
ness.
Mr.. RUTHERF00RD from a special committee, pre-
| 4 ~. Il.
House concerning direct trade between the ports OF Nor
folk, Va, and Havre France which laid the Ia
bic and ordered to be printed
The SPEAKER laid before the House communication
from the Auditor Of Public Accounts, containing state
the condition of the Banks of the Common wealth,
which laid the table and ordered to be printed.
CovIYGToN AND OHIO RAILROAD.
On motion of Mr.. COLLIER the bull laid the table
days since, providing for partial suspension Of
the sale of State bonds aud for completing the contracts
already made on the Covngton and Ohio Railroad, was
| taken up
Mr.. COLLIER moved to amend by ryder, follows:
Provided however, that the provisions of this bill may
any time be suspended by the Governor OF this Com
m0nwealth should he in the exercise OF sound oscre-
ton be of opinion that the interests of the State would
be subserved by such suspenson and provided further
that whenever from time TO time $4,000 Of said notes
shall he returned to the Auditor shall be redeemed
by him herein provided, the shall be cancelled
aud be delivered the Treasurer to be preserved in his
ONCE, anu 10
so cancelled may By direction of the Governor be again
issued sui ect all the provisions herein before pre-
scribed TO be used for the benefit OF the Treasury.
Mr. COLLIER advocated his amendment. He had felt
constrained former occasion to vote against the BILL
but reflection his objections could be obvated and
feeling that the interest Of the State involved in the
active prosecution OF the work, he offered the ryder,
which be asked to be appended to the bill.
Mr.. RAYMOND thought portion of the ryder
embraced in the bill rejected a few days since.
NJ he rnvida Tho of
the Railroad the object Of my ryder is to protect the
interest of the State
The ryder read first and second time and order
ed to be engrosssd
The question being upon the passage of the bill as
amended, Mr. ROBERTSON said
He had no heart 70 oppose the bll-but, condemn
ed by his judgement, he could 10: vote for it, He
was sincere friend 10 the work-wshed to keep it
in progress-was willing to afford reasonable relief to
the would go Yhateyer extent might
be necessary in his opupn TO effect these objects and
farther In the present circumstances of the Treasury
in the uncertain future before ushe would tax the
least possible extent, the credit and of the
| Safe. lie would be governed by the consideration
whether the State in the OF every proposed appro
priadon would, not lose most by Withholding, or by
making IT, In this he must say the proof did
satisfy him the half million asked for did within
principle. The expenditures last year when times
easg aud nothing TO restrict il, less than 100000
discussed upon the work Wien suck the under
such circumstances he would not admit necessity for
large proportion OF that $500 900 prevent the
abandonment of the contracts to preserve the work
In that merely vital state which all that should now
be aimed at. The STATE is Withholding appropriations III
all directions aud ecOnomizng her resourcos-a cOrpo
rations-al men-indeed, renouncng restricting
as they best may all but the necessary operations
involving expense think the friends OF this work
err at such time in making this heavy draft our
am sat- fled il can be kept up Adequately any
Just necessity by far smaller In the absence OF pre-
information $780, 600 he entertained doubt would
answer that OF The extraordinary character Of this
form of appropriation demands that the granted
should be the least possible to effect indispensable OBJ
jects He approached with reluctance the Inauguration
Of system of issuing Treasury Ii tended always
to excess TO depreciation to public and private evils
We already had been decreed the issuing OF million in
this form for the general exgences of the State More
will be needed he had no doubt-and it might reach
to millions more. In the beginning, doubtless, they
would maintain nearly, perhaps, full par But with
additional quantities in the market they tended down
ward Now we add by this bill, halt million of this
paper to the million for general purposes 1t tends TO
depreciate the whoe-and hence should be restricted to
the smallest amount Again. il is be considered that
the undertook the work with bonds at
a. il is said and will not doubt it, that the contracts
low. Yet may well believe thew knew what
hey doug and that with bonds at % they would
realize fair profit But these treasury Sotes il avail
them at very nearly par You give them, therefore,
at advance Of six per cent their contactsa
most considerable premium, indeed this s-and surely
demands OF US, should require Of the friends OF the
work still to restrict the appropriation to the lowest pcs
sibe limits. do not think this bill does it, One thus
reduced should have my support This cannot.
Mr.. CHAPMAN was glad the gentleman had overcome
IL +itntinn mi