Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1871-12-26
VIRGINIA NEWS.

The Richmond City Counci! has provided
for a double track tunnel under Church Hill,
Richmond, to cost s3OO,o0 instead Of the
single track tunnel at Il cost of S20O0o0 pro-
vded for by an ordinance previously passed,
without provisions or restrictions, on the {. X
o. r. H.
We arc panied to hear, says the Bristol
News, of the death Of DIR. Floyd an able
physician. On Friday last he visited IL pa
tient near Springville, Tazewell county, and on
his return was thrown from his horse near the
residence of Mr., John B. Hartman and was car
ried to the house, where he remained III an in
sensible condition until death occurred. near
9 o'clock .. III.
Intelligence was received on Saturday Of tie
death of Rev. L. ". Allen, which occurred at
his residence, in Caroline county, Oh the day
before. Mr.. Allen had been for several years
Il prominent aud useful minister Of the Baptist
denomination.
ADJOURNMENT OFTlIE GENERAL ASSEMBLY
STATUS OF THE PUBLIC DEBT.- Tie Gencr-
al Assembly Saturday adjourned Tor Il Christ
mas recess. which is to lust until the I'll Of jan
uary Intellectual attempts were made in each
house to commit members to the rclinquiSh-
ment of their per diem during that time
The status of the public debt question is as
follows Both houses have passed the joint res
oution empowering aud directing the auditor
OF public accounts TO suspend tn" funding OF
the public debt authorized Ia be lultrd III.
der the ''tuuding act.
This has now to be sent To the Governor.
and to bccouc Il law mus; receive his approval.
or remain in his hands five days without hir
signature, or be passed over his veto. The at.
tornGy. general has communicated 10 the House.
in response To an enquiry from that body, al
opinion that the interest cinnul bu pald ON the
public debt, under the funding act without IN
appropriation, which. of course, has not been
made. The House has PASSED two resolutions
referring to this subject, which have moi been
acted upon by the Senate. One directs the
auditor not to pay the interest on the publ,
debt Ito meet the case, should that officer fee
inclined to disregard the opinion Of the atlor
ncy genera, TX some contend that hG may law.
fully do), and another declaring that the uc;s
urcS already taken, and which the Legislator.
hereafter proposes to take, are in 80 wise in
tended to affect the rights Of her creditors
When the Senate adiournc' Two propoS
tons were pending bcfrc it-cnc the Till re
ported by Judge Thomas, from the conmttc,
Oh tinam c, providing Tor the payment, on tn,
list Of Jauuary, Of one Srmi-;tnua ilSiamcn
Of the interest on the whole debt, (li per cent
to the holders OF new bonds, per cent to the
holders Of old stock, or certificates Of indebted
neSs--which puts the funded and uniludrU
debt on IN equal iuntingj with the prov<t
that nothing therein contained sIiuIi hc con,
strucd into the recognition the CONSTITUTIONS
validity or financial wisdom Of the funding bill
| The other scheme WAS bill introduced ly Mr.
Fitzpatrick, repeating the funding act. and pro
yidng for the exchange OF the new bonds, is
sued under said act for the old bonds or cart
ticatcs Of Indebtedness prcyinIl>ly surrendered
therefor and the payment hereafter Of i pei
centum per annum, in scmi-amllal insta!mCnt,
on the whole Of the debt, as it existed rrcviuu:
to the passage Of the funding bill.
50 it will be seen that no act IT the Legisla
ture, treating this subject has Yet bcconc
law: and that to this date, the status OF the
public debt question is the same As before thu
assembling of the General Assembly. But thu
opinion of the attorney general, elected by the
resolution Of the House, must not be over
looked
The whole amount Of money in the State
treasury yesterday was $l.SjI 800.
The amount OF debt funded to date 500, lt2
llj,G j.-Rirh. EHg