The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1889-01-17
The Democratic Committee.


mittee met in Richmond on Thursday
last. The question CT calling the Legis
lature together in extra session was con-
sidered. and Il Committee appointe to
wait on the Governor aud confer with
him. 1t subsequently reported. The re
salt was that no extra session Will be
called at present. There was manifested
diversity of opinion about legislatiDg
diency of an extra session. The outcome
of which was to leave the whole matter
alone. It was intimated that some prop
osition might be submitted from the Eng
lish boIdhoders by which ii plan for set
Ting the State debt might be agreed on.
AS yet there is nothing definite. 1t was
represented to the Committee that the
inflow of coupons into the treasury was
becoming a serious matter. especially as
the May licenses, to large extent, would
doubtless be paid in coupons. This was
one of the considerations which induced
4 number of the Com nittee to favor the
cAtld SSSSlOH uub do peaoStu ny
the Committee adjourned without acting
on it.
From party standpoint, to have called
an extra session would have pleased the
the public interests, it was utterly mad
missable. The people are in no humor TO
be trifed with by the Legislature or either
Of the party managers, ard would not toll
crate the expenditure of 1000 or SD. eco
for the purpose of enactlng partizan legis
lation, regardless of the public interests.
Party emergencies and necessities cannot
obscure the real facts. The people are in a
their material interests. These ,theykn0w.
would be injured bya meeting of the Leg
islature, and for that reason the proposi-
ton finds no favor with them. There
sity to Justify an extra session and accom-,
modate public sentiment.
Some of the enterprislng citizens of
Rockbridge county are inaugurating a
movement, looking TO working the we'll
known Buena Vista iron ore property,
and probably erecting a furnace in that
locality. Its location and advantages are
favorable to such an enterprise, and we
have no doubt if properly handled, will be
selves take the lead in material develop
ment When they have shown theiI
faith in the resources of their own sec
tion. aid will soon come from outside
awaiting favorable opportunities for in
vestment in Virginia. and all that is
wanting is the evidence that it can be
profitably employed for it to locate here.
critics in Augusta county recently re.
turned from New York. He informed us
that there was any amount of money
ready t. come to this State t he moment
One banker told this gentleman that there
were $4,000 900 on deposit in his bank
which could be commanded for feasible
enterprises in the South. and that there was
a general partially for Virginia as the
place to put it, Another gentlemen told
us a few days ago that he overheard a
conversation in a Cincinnati Hotel, few
weeks ago, beween two intelligent gentle
men, one of them an expert in mines aud
ores, who said that it was his opinion that
within ten years Virginia wonld be one
of the richest States in the Uuion, as she
had mineral resources alone to make her
such. to say nothing of her agricultural
capabilities. This is not an extravagant
statement, to any one even specifically
acquainted with the mineral properties in
the State.
The Valley is especially an inviting field
for ventures of this kind. and if proper
effort is put forth, any amount of means
ought to be summoned to assist in devel
oping and utilizing our wonderful re-
sources.