Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1858-01-16
PAYuRNr OF Tue CRY RAILROAD ISTEREsTs-
Alter what has been said in one of the city

different railroad bonds, 1t IS useless 10 disguise
the fact that the question is each day resolving
itself into that concise and unmistakeable shape
known as Reputation or Non-repudation.-
That is now the issue before our people-and
upon that issue nominations are being made in
some of the wards for members of Council
The late failure of the b. & o. r. R. to meet
the interests by declaring the necessary divid-
end, has only precipitated the question, and
made that a sspresent, which would have been
future issue. Whether It is better or worse that
eissue has been sprung now-in the midst of
thecurrent financial pressure here, as everywhere
else, we do not pretend to speculate on: We
know simply that the issue hascOme to ahead
whether maturely or immaturely, fortupatelyor
unfortunately. l8
The debates in Council have shown that the
railroad annual interest, for which this city is
liable, is some 60 odd thousand dollars. This
revelation, together with practical experiment
or two of ii during the past year, has, espe-
cially now that real estate is deprecated caused
real estate holders to start afFrighted But dark
as is the complexion of sixty thousand, interest,
per annum, in the minds of the public, it pales,
when brought along side of that day, when the
principal ($1, LOO, 000) shall become due. Here
- - e
are the figures which constitute, if we may so
call it, the stumbling block in the public mind
RAILROAD SUBSCRIPTIONS.
B. and O. R. r. due IN 1s79........ $4,000 90
ezasB$ al PRRalRa 2 sSSSS 90 90
These are our railroad liabinues.. r...,Sldition
we must reckon sinking fund debt, due in
1874 and g. of some $26s, 900 co. and other
debts which. Will swell the amount to at least
three hundred thousand. We may in round
numbers, speak of the debt of the city as being
million and half of dollars: the interest up
on which would be, per annum, some 100000.
The average interest, taking the longest and
shortest periods for which the bonds and certiff-
Gates run, would be, per annum, something like
$40, 900 90, and at the end of 81 years, the
longest time, we would have expended in prin-
cpal and interest, sum-total Of say $3,0O0,
O0O In additinnt to this we must allow for our
current expenses, some 80 or 40 thousand per
annum.
We do not present the above facts for the pur-
pose of expressing any dcta of our own upon
the case Qor we confess to being unprepared)
but simply to let our readers see what is the
ground work Of an important issue now threat
eningus Allthese railroad liabilities may have
been made and met by the railroads themselves
long ere the above dates Of limitations our aim
is simply to show the amount for which the
city is liable.
HANCOCK COUNTY ALL RIGHT.-The resolution
repudatng Gov. Wise's letter. in the shape of
approaching what it condemned, passed the
lower house of the legislature by vote of / 10
yeas to nays. To his credit he it recorded,
Mr. Porter, of Hancock, was one of the two
nays-the other was Mr.. Dromgoole.
We see no record of the vote of Mr.. Woods
of this city Mr.. Sweeney had not reached
Richmond, having left here only on Tuesday.
MISERABLE WIZ FROM AN F. F. VA delicate
and no doubt chivalrous scribbler for one of the
Richmond papers, parades this a sentiment:
The most stupid of asses is WIse-ass, who, to
pibble at the Northern manger, turned tail on
the Southern crib.
There isn't .'Red wamus" in all this dis
trict that would father the above specimen.
----7------sssD.S- --- - %
YIRGINlA PoLITCIANs FROM A RICuMoND Po1ST
OF Ymw.--We yesterday morning expressed
ourselves concerning the features at this time of
Virginia Politics and Politicians. To-day we
subioin an extract from.the Richmond Wing
MhACLt SutAVuai1 -AuS4lllea ~ luz
way ofthinkipg, Speaking of the eau Gus that
met to consider Gov. Wise's late letter 1t
says:
Wei have never before witnessed, upon. the
once proud and independent soil of Virginia, so
pitiable and hulniliatipg spectacle Truly,
the bold and independent spirit which animated
theabosoms of the fathers, is extinct in the DO.
SONS oflthe sons. If these politicians here at
the Capital reflect the character of the people of
Virginia, then we are degenerate and degraded
race, and arc no more worthy to be called Vir-
ginians. In witnessing the timidity and the
subserviencytto the power which was manifest
ed in the caucus, We felt sad and sorrowfulA
sad and sorrowful in view of.the fact that the
light of pride, and courage, and manliness,
which once irradiated the councils of tho State
was dimmed and gone forever, and that inits
place was the gloom of moral cowartlice which
makes slaves and spaniels of us all. In a word,
wefelt ashamed of Virginia, and almost ashamed
ofour race.
Coon Carr. -Laey Stone aud the Tar C0llec-
tOr.-The Tax Collector at Orange, n. j., has
levied upon the property of Mrs. Lucy Stone,
and will sell it at public auction in q few days,
she having refused to pay her taxes because She