The times. [volume] (Richmond, Va.) 1890-1903, 1900-02-21
SEABOARD BILL
Will BE PASSED
Favorable Action on the Measure by
the Senate.
Mr.. M'lLWAlNE'S GREAT FIGHT.
He Tried to Make the Company Pay
More far the States Stock-Two
Sessions OF the House
Were Held.


The bills 10 charter a new road 10 NASH
tngton and providing Tor the sale OF the
States holdings in the Richmond, Fred
crickSburS ana potomac road All q
these measures were ordered to be en-
crossed and they viii be passed to-day.
The Senate Committee on Finance con-
sidercd The bill apprppriaunS S5V0,D an
nually TO the Ladies Hollywood Memo
rial Associations. TO be used III caring
Tor the graves OF the Concentrates buried
sn Hollywood.
Senator Munford and Mrs. Stephen
Putnoy addressed the committee in favor
Of The bill. The measure was favorably
reported.
The members of the Soldiers Home
Board OF Visitors VIII meet the special
committee investigating the affairs OF
that institution tonight. In let
ter TO the committee Monday President
Randolph. of the board, Was understood TO
have suggested that the committee in It's
report recommend that Veteran DeShield,
Owens and Morris he discharged from
ihc Home. In a letter received from
Mr. Randolph Yesterday he said he was
unfortunate in the wording OF one SEN
7cnce in the letter. He did not intend to
suggest that the Committee make any
Recommendation as TO the discharge OF
any one, for the visitors of the Home
were amply ao!e TO manage its affairs.
The Senate.
& The Senate met without prayer.
: Scores Of bills passed by the House
were reported and many of them were
placed upon the calendar.
Senator Clayton offered his bill proyid-
Eng for the publication i'll one of the
daily papers of Richmond Of certain
charters of interpretations before they
are introduced in the General Assem-
bly, de stated that the experiences OF the
present session made it quite evident
that such j law is needed. On his motion
the bill was placed upon the calendar
without any objection.
Senator Sands introduced bill TO en-
large the powers of the Richmond Pas
senSer & Power Companys The object of
ihe measure is 10 give the company q
Legislative charter. The provisions of
the measure are the same as those grant
ed b. the City Council.
A bill was offered by Mr. Maynard
10 incorrcrate the West Norfolk Tele-
graph and Telephone Company.
Mr.. Morris offered 4 bill which pro-
Nides new charter for the city of Char
lottesvile
BY Senator Tyler-To provide for the
release of deeds OF trust or mortgages
wherein the property is sold by d trus-
tee.
release OF conditional sale contracts.
BY Senator Sands-AlIowlng the county
Judge OF Henrco TO designate one o:
The justices of the county of Eenrico to
act as trial justice in nisdemcanor cas-
es and warrants Tor small claims arising
within the space of three miles around
the city OF Richmond.
SEABOARD'S BILL.
The bills to incorporate the Richmond
and Washington Air Line Railway Com
pany and providing for the sale of the
States holdings in the Richmond, Fred
ericksburG and Potomac ROAD came UP
as the special order at 12:45 o'clock.
Senator Lupton stated that he had re-
ceived information that the corporators
had not made the cash deposit Of $4,000
with the Governor, SIS required.
Senator Flood said he was willing to
guarantee that the money would be put
up in q few minutes. IL was thereupon
decided to proceed with the considera-
ton OF the bills.
An amendment was offered by Senator
Fairfax increasing the guarantee bond
from SIS, 600 10 $4,000. He spoke briefly
in advocacy of the amendment.
Senator Flood opposed the amendment
]ie SAID the matter had been considered
with care by the Finance Committee,
and that body thought a forfeiture of
$4,000 in cash and a bond of $4,000 suf-
ticient.
Mr.. lTairfax's amendment was de-
feated by a vote of IL ayes TO "a noes.
Those who voted to increase the guar
antee were Senators Bruce Glass, Fair
fax, Harvey. Jeffries, Kcezell, lie Cato,
Lyle. McIlwaiue. Opie, st. Clair. Tate
md Walker.
NILWAINE.S FIGHT
Senator Mcllwaine offered an amend
minimum price TO be paid for the States
stock He addressed the Senate briefly in
support of the amendment He said the
time had come to lay aside sentiment and
treat this matter from a business stand
point. For one. he was not going to be
carried away from what he regarded as
The path OF duty by q wave OF enthusi-
assn.
MIR. McIlwaine read from the Constitu-
ton the provision requiring that there be
sinking fund provided to eXtinguisil the
public debt, which fund should be kept
in existence until the States obligations
have been discharged. he then called
attention TO the provision in the Code
making the States holdings in the Rich
mord, Fredericksburg and Potomac a
part of the sinking fund He argued
that this portion Of THE sinking fund could
not be disposed Of unless the State should
receive us equivalent in value. This
value could not be ascertained by the
market price of the stock but by lis pro-
ducing power
The Senator said he was not willing to
Vote away this stock for less than what
he thought il would be worth. This is
not the first time. he said, that Rich
mond has gone wild over some measure
and repented at leisure. She was wild
until she appropriated s30O,0GO TO tunnel
Church Hill in order that the city might
be made a way-station on the Chesa-
peake and Ohio road.
He argued that the building of this
road would no. help Richmond. The city
Is now the terminal point of the Atlantic
Coast Line. Richmond. Petersburg and
Carolina and the Richmond, Irede!icks-
burg and Potomac. Just as sure as this
bill should pass the Richmond. Freder-
and Potomac road would become
u part Of great through trunk lire. and
Richmond would become a way-s,at!on
OH The two lines running from north 20
south.
NOT a MONOPOLY.
Mr.. Mcllwaine next took up and re-
piled 10 the charge that the Richmond,
and Potomac was a mo-
nopoly. He denied the proposition. 1t
was no more OF q monopoly than the