The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-02-17
VOL. XII.
GoD FORBID.

the RobinSonS can protect tneUiseiVes aho
I. In the name Of all that Is just and right,
beg and implore that you will throw over
the citizens of the State the broad shield OF
her protection.
Mr., Guy said this matter deserves se-
rious consideration. We owe something,
not only to our own people, but to the for
eigners who, having faith in our pros
perity, brought capital to this State and
helped us to build this improvement. 1t
would look badly indeed If 1t was to 60
forth to the world that Virginia, who, In
the begglning, earnestly begged all to sub
scribe. and offered the same inducements to
a'l,when the day of griefcomes steps forward
and says, I will protect the stockholders
upon my own soil, but / care nothing for
the rights of others. Justice Is justice, and
the man who stands upon the shores OF
England and never saw the property here
in which he has an interest is just as much
entitled to our protection as the native Fir-
einian who never lived out Of sight of the
capital. But there is no way in which the
Pennsylvania Central Railroad Company
can obtain controlling interest in the
Richmond, Fredericksburg and Poto-
mac railroad unless they wrest from
the foreign stockholders their stock.
Those foreign stockholders may lock up
their scrip in their iron safes, and keep the
PENNSYLVANIA Central forever from obtain
ing the control. This, therefore, is the stock
upon which the Pennsylvania company has
fixed its eye, and of which it intends to be-
come the owner, in order to control the eX-
istipg road. They will have no use what
ever for the few pitiful shares held in Vir-
ginia. Having obtained the controlling in
terest by purchase from the foreign stock
holders, they won't care picayune
what becomes Of these, and these, there
fore, will be left with their profitless stock
entirely unproductive. And it will not be
to the interest of the Pennsylvania Railroad
Company to make the little piece of road
between Washington and Richmond pay
the stockholders on its line. 1t will be to
their interest to encourage through travel
over their three thousand miles Of railroad
and to get the largest dividends upon the
800, 900. 900 capital of the Pennsy lvania Cen7
tral. This Legislature must, therefore, see
to it that her own citizens do not lose in
case the road is mismanaged by its new
owner or controllers.
Colonel GUY spoke at length, celebrating
these ideas, and was heard with marked at
tention.
Mr.. WooD replied briefly to the argu-
ments of Messrs. Southall and Guy, con-
tending that the proposed amendment con-
tanned an unheard of restriction, which the
Legislature was going beyond its province
to prescribe.
Mr.. RAGsDALE called the pending ques-
ton upon the adoption Of the amendment.
The pending question was ordered, and the
vote being taken, resulted in its adoption
! yeas, G4; nays, GO:
Yeas.-Messrs. Arnett, Bagwell, Henry
Bell, Ii. Nj. Bell. Bodeker, Boiling, Bowen,
Bradley, Breckenridge, VIM. A. Bryant,
Buchanan, Burgess, Burkholder, Chase,
Chowning, Crenshaw, Geo. Graham, Jos.
ME, Hill, Hensley, Henson, &. Z. Hodges,
John Q. Hodges, Horton, Hutcherson, Jas.
d. Jones, Kelly, Lawson. Lipscomb, Ma
son, Massie, Matthew, Mcdonald, Moul-
ton, Pann,ll, Peatross, Poore, Potts,
Read, Segar, sherman, Smith, S. V. South
all, Shelton, ;,trother, Thomas, Thompson,
Thurman, Turner, John F. Wall, WIN. j.
Wall, White, Wilson, II. Williams, VIM.
L. Williams, Winn, Woodson, Woodworth,
George Young, and Mr.. Speaker-64.
Nays.-Messrs. Atlee,, Bartlett, BoWden,
Cochran, Cox, Davis, Dugger, Edmund
son, Edwards, Fayerlnan, Fretz, Fulton,
Glmcr, Gosney, A. Graham, q. w. Gra-
ham, HawXhurst, Harnesberger, Hollo-
mon, Hudgn, Jackson, Johnston, b. F.
Jones, i. X. Jones, r. G. W. Jones, Low
enstein, Maddox, Mahood, Marshall, Nc
Caull, McCracken, j. B. Miller, Jr., Nor
gan, Murrell, Noble, F. S. Norton, Robert
Norton, owen, Patton, Popham, Rags
dale. Seaton, Geo. FL. Southall, Stevens,
Stewart, Stu ubbs, Taylor, Terry, Toy,
Wentworth, Wood, and G. W. Young-6O.
RECONSIDERATION.
MI. PEATRoss moved reconsideration Of
the vote just taken.
The motion to reconsider was favored by
Messrs. Stubbs, Budd, and Popham, and
opposed by Messrs. Guy, southall, and
Others.
MIR. McCAULL called the pending ques-
ton (whether the vote should be reconsid-
ered). and the call was susLained-ayes, 67;
noes, G2.
The question now being upon reconsider
alton, the House agreed to reconsider
ayes, rs; noes, 90.
AMENDMENTS UPON AMENDMENTS.
Mr.. BUDD then offered the following
amendment to the amendment of Mr.
Southall
Ii the said Washington and Richmond
Railway Company shall, by themselves or
their agents, become by lease, purchase,
assignment, or proxy, the owners or con-
trollers of majority Of the capital stock of
said Richmond, Fredericksburg and Poto-
mac Railroad Company then in that event
the said Washington and Richmond Rail-
way Company shall annually declare and
nav to all the stockholders of the Rich
mond, Fredericksburg and Potomac Rail-
road Company dividend of six per cent.
per annum.
Mr.. SoUTHALL offered the following as a
substitute for the whole
The Washington and Richmond Railway
Company, whenever the Richmond. Fred
ercksburg and Potomac Railroad Com
pany shall under the provisions of this sec"
ton become subject to taxation, guarantee
to all the stockholders Of the Richmond,
Fredericksburg and Potomac Railroad
Company and their assigns, so long as
such stock may be held, at least six per
cent. on the par value Of the capital stock
ofthe Richmond, Fredericksburg and Pos