The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-03-09

NU, MARCjH ~ 1871 .psa L
DEPOSITED 100000 IN STATE BONDS WITH tn,
t'.E7 - STATE TREASURER
Our names are good for quadruple thu
amount to be paid for the stock; and MOI
only do we propose to pay the State 800,
600 more than General Malone offers, bu
while he asks that he be allowed six year.
to pay 1t In, we propose to pay 1t in siz
months. Are these men more likely to mis-
manage the road than Gen. Malone ~
4 BUSINESS QUESTION.
He contended that this was question o.
common business sagacity and honesty. II
is only asked that members will do with the
States stock as they would with their own
Would you sell your own property to one
person for fifty per cent. less than to an.
other9 Then why will you thus . :
: SACRIFICE THE PROPERTY OF THE STATE?
Win you neglect this opportunity. of plac.
ing 100000 in the Treasury Of our debt.
ridden, overburdened Commonwealth !
Win you tax your people to pay mouey
which you now have it in your power to
secure by simple vote without taxation
WILL YOU THROW THIS MONEY AWAY?
VIII not your constituents, and will not
West Virginia, IN the settlement Of the
joint debt, hold you strictly to account If
you sell this stock for $500, 900 less than you
can get for it And all for what ? To
crafty General Malone. General Malone
is'aereat~ railroad man, and worthy of all
praise as such. But what claims has he
upon us, that he should come to the Legis-
lature of Virginia and
ASK BONUS OF 800, 900 FOR PURCHASING
1- THIS STOCK?
DIR. GUY then read again the list of names
appended to the proposition which he had
the honor to submit, commenting upon the
personal character, business reputation,
and means of each.
GEN. JOS, 4. ANDERSON
had a controlling voice in the largest manu-
featuring concern in the southern States
was possessed of immense capital, and q
national reputation. -
ISAAC DAVENPORT, JR.,
President of the First National Bank OF
Richmond, and
Co., JOHN B. DAVIS,
President of the Planters National Bank
both men of ample fortune, public-spirited,
and enjoying the entire confidence of the
community.
FREDERICK R. SCOTT,
a member of one of the most prosperous
and influential banking-houses in the South;
that of Thomas Branch & Co.;
FRANKLIN sTEARNs,
probably the largest real estate owner in
the city of Richmond, and who, like
JAMES Il. cox, .. .....
another signer of the paper, is possessed Of
great means, and Is the peculiar represent.
ative of the coal-mining interest of Chester.
field county; +. ,~~ .stsa... r... K.
Il. z. ELLYsoN,
known to be man of wealth, reputation,
and enterprise; .....
A. F. HARVEY,
President of the National Bank of Virginia,
and leading merchant of Richmond; g.
REUBEN BAGLAND,
a bank president and 4 fnancier whose
reputation as such had spread all over the
State Of Virginia. These were the name!
that we offer as guarantee, and We ..-
CHALLENGE INQUIRY
into their responsibility for double or tire
BILE the amount which they offer for thil
stock. In view Of their offer he asked that
inasmuch rs he was prevented by techni
cality from amending the bill, it be recon-
mitted and the propositions Of General Ma
hone and of these Richmond gentlemen
fairly considered, and just and equitable
decision made.
PERTINENT QUESTION.
Mr.. BOILING: I wish to ask the gentle
man whether if Gen. Malone offered NOR,
than these Richmond men he would favo
selling the road to him? ~ -.
PROMPTLY ANSWERED.
Mr.. GUY: am glad to have an opportu
nifty to answer such question. I am glat
to say that, if General Malone does pro
pose any better terms, I certainly shall no
be disposed to kill the goose that lays sucl
golden eggs. If there is such competition
for the possession Of the road, then I woult
favor putting it up to the highest bidders
and sell it to them, whoever they may be
WHAT RICHMOND ASKS.
Mr.. GUY then reiterated that the propo
sition which he had submitted emanatet
from his constituents, alarmed as they were
at the evils threatened to Richmond by th,
passage of the bill. They only ask tina
Richmond be protected by placing thi
franchise in the hands of those who will
discriminate in favor of nobody, but wht
will keep it open to all. 1t will not be tt
their interest to shut out Gen. Malone o.
anybody else but it will be disaster in
deed to Richmond if Gen Malone, getting
possession Of it, should manage it in the in
terests of some other city.
FLooRED FOB ONCE.
Mr.. WooD took the floor after Mir. GUI
concluded, and endeayored to make repl.
to the able argument Of that gentleman
For once the ingenious and wide.awak'
delegate from Halifax was not himself. FL,
could get around everything but that sim
pie proposition that there was chance fo
the State to make 100000, which, if hi
| amendment prevails, would be lost. H'
groped along, refusing to be assisted by tht
| member from Giles (Mr. Popham), from
Richmond (Mr. Guy, or from King Viii
liam (Mr. B. F. jones', and finally wount
up by saying he would ,cithdra,o opposition
| to the motion to recommit.
VICTORY.
The pending question was then called
and the motion to recommit was carried b.
| the following vote: