The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1871-01-16
Wheeliuo 8egister.
VIRGINIA STATE DEBT.
Proceedings I'm the Virginia Scnal
On January II.

Law the Joint resolution providing fsl
arbitration Oh the table, having been
Withdrawn, the question required on
the motion of Mr.. Waddell to strike GU,
in fourth line the words "the creditors
the effect thereof being to leave it with
the arbitrators to advise how the por
ton apportioned to West Virginia
should be paid to the bondholders, the
original provision Of the resolution re-
curing the arbitrators to determine
what proportion Of said public debt
should be paid to the creditors by West
Virginia"
On the motion to strike out. long
and interesting debate ensued, during
which most of the questions involved in
the whole matter were discussed
Messrs. Waddell, Courtney, Latham,
Walter H. Taylor, Greene, Snowdeu
and Norman Smith favored the notion
while it was opposed by Messrs. Hern-
don, Pendleton, Penn and French.
The Question being put, the amend
ment was carried by the following
vote:
Ayes-Messrs. Anderson Of Pittsyl,
vania, Anderson of Rockbridge, Austin,
Beazley, Campbell, Clarke. Courtney,
Greene, johnson, Kendrick, Latnan,
Lathrop, Lewis, Smith of Henrico
Smith Of Clarke, Snowden, Jr., Taylor
of Loudon, Walter H. Taylor of Nor
folk city, Waddell-l9.
Nocs-Messrs. Davis, Fitzpatrick,
French, Greever, Hamlet, Harris,
Herndon, Martin, Moss, Owen, Patter-
son, Pendeton, Perrin, Penn, Roller
is.
Mr.. Waddell further moved to amend
the resolution by striking out the words
"for their ratification and" which oc.
cur in the following connection: Said
apportionment, when ascertained and
made, to be reported by said arbitrators
to the Legislature of each State for
their ratification, and to enable them to
carry out such award or apportionment
as ratified by appropriate legislation. "
Mr.. Anderson, Of Rock bridge, moved
to amend the amendment by striking
out the words "for their ratification and
to enable them to carry out such award
or apportionment, so ratified, by appro-
pirate legislation which was accepted
by Mr.. Waddell.
The discussion was then resumed,
and lasted for half an hour, when the
question was put and the amendment
lost by the following vote:
Ayes-Messrs. Anderson of Rock
bridge, Beazley, Greene, Harris, John
son, Kendrick, Latham, Lewis, Smith,
of Henrico, Smith Of Clarke, Snowden,
Taylor Of Loudoun, Taylor Of Norfolk,
and Waddell-l4.
Noes-Messrs. Austin, Campbell,
Courtney, Davis, Fitzpatrick, French,
Greever, Grimsley, Hamlet, Herndon,
Lathrop, Martin, Massey, Mosely, Moss,
Owen, Pendleton, Perrin, Penn, and
Teamoh-20.
The joint resolution as amended was
then passed-ayes 81, noes 4, (Messrs.
French, Moss, Perrin and Pendleton)
Mr.. Pendleton explained that he was
in favor of arbitration, but believed that
by the adoption of the amendment
striking out the words "the creditors"
the arbitrators' powers had been too
much enlarged.
Mr.. Roller, who was absent when the
vote was called, explained that, had he
then been present, he should have voted
against the amendment last proposed,
and against the passage OF the resolu.
ton.
THE JOINT RESOLUTION
as it passed the Senate is as follows:
Whereas the Constitution of both
Virginia and West Virginia imposes
upon the respective Legislatures Of said
States the duty to provide, by law, for
the adjusting between them the proper
ton of the public debt contracted prior
to January LIST, 1861, proper to be borne
by each Of said States; and whereas this
State has made repeated efforts to pro-
cure such settlement with West Virginia
all Of which efforts have proved un-
availing; and whereas it is essential to
the financial interest of Virginia that
said settlement should be obtained as
soon as practicable,
Be it resolved by the General Assem-.
bly, of Virginia, That the Governor OF
this Commonwealth be, and is hereby,
authorized to tender to the State OF
West Virginia an arbitration Of all
matters touching full and fair appor.
tionment between said States of the
said public debt; and in the event OF
the acceptance of such offer of srbitra.
ton by West Virginia, then the Cover.
nor, LieutenantG Governor, President OF
the Court OF Appeals, Auditor OF Pub.
lie Accounts and the Secretary Of the
Commonwealth, shall appoint two arbi-
traitors on the part Of this State, who
shall not be citizens of this State to
meet any two arbitrators selected by
West Virginia, not citizens Of said State,
The arbitrators so appointed shall, if
they deem it advisable, appoint al
umpire. Said arbitrators and umpire
shall, as soon as practicable, proceed to
adjust, award and decide, upon fair, just
and equitable principles, what proper.
ton of said public debt should be paid
by West Virginia, and what part there
Of should be paid by this State. Said
apportienment, when ascertained and
made, to be reported BY said arbitiators
to the Legislature of said States, fol
their ratification, and to enable them to
carry out such award or apportionment
so ratified, by appropriate legislation.
Each State may be represented by
counsel, and the board hereby directed
to appoint the arbitrators for Virginia
shall be and are hereby authorized tc
draw on the Treasurer Of the State oil
Virginia, ont of any money not other
wise appropriated, sum sufficient to