The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-03-04
VETO MESSAGE.

The SPEAKER laid before the House q mes
sace from the Governor yctoing the act de-
claring what shall be received in payment Of
taxes. &c. The House refused to lay the
message on the table by IS to %.
The bill was then put upon its passage (the
objections of the Governor notwithstanding,
the vote resulting as follows:
AYEs.-Messrs. Allen, Berger. Bernard: Bishop,
Booker Boutnn. Bowen, Brstow, Burkholder, Car
ter or Carter P. ~, Copton, Coleman, Cottrell.
lott, Freeman, Fulkcrson, Gillian u. s.. Graham.
Graves, Gray, Hamilton, Hardcsty: Hill, Irvine,
1nes a. * MeysSspb aaS Soroa NoM FeT,
rail, Patterson, PAYNE, Pearcc. Powell, Radford.
Ran,stcll, Rogers, Roller, Russell, scruggs Smith,
i Tho%s, s: TSba, " Wall Walker, Wentworth, VII
No S@ss~sleSSrs: yarwell, Be,ton, Borland, brown
Fletcher Gilman, Gresham Head, Kelly, Lightncr
a.. b.. Matthews ii. W b., Miner, Ncaie, Poague,
Southal!, Watts, and Mr.. Speaker (Hangerj-2l.
The bill having received the vote required
by the Constitution, was declared passed
over the veto.
The message is as follows:
"R1cHMoND, March ., 1872.
"To the General Assembly: Ireturn here
with to the House of Delegates, in which it
originated, the act entitled An act declaring
what shall be received in payment of taxes
or other demands Of the State without my
approval.
"This act in its 1st section declares that
hereafter it shall not be lawful for the officers
charged with the collection of taxes or other
demands Of the State due now, or that shall
hereafter become due, to receive in payment
thereof anything else than gold or silver coin,
United States Treasury notes, Or notes of the
National Banks of the United States; and
that no question as to the real object and
purpose of the act may be raised, it expressly
repeals in the I'd section all provisions of law
inconsistent with the terms Of the 1st section.
Without pallsing to consider that provision
of the act which in effect legislates National
Bank notes UP to the standard of gold, and
clothes them with attributes Of legal tenders
to the State regardless Of their value, pro-
coed to discuss the main subject involved
viz, the repeal of so much of the act ap-
proved March 80, 1871, as provides that the
interest upon the bonds Hereunder issued
Represented by coupons) shall, at and after
maturity, be receivable for all taxes, debts,
dues, and demands due the State. Has the
Legislature the constitutional power to re-
peal this provision of law so as to affect the
coupons already issued?
proposed to her creditors to compromise her
Indebtedness upon certain specific terms and
conditions alike honorable to herself and adj
vantageous to her creditors. In considera-
ton of the surrender to her of the old bonds,
and the agreement not to hold her RESPONSE
BILE for one-third of the debt, except i'll &C
cordance with such settlement as may be
hereafter had with West Virginia, and the
extension of the time OF payment of the bal
ance for thirty-four years, she would under
take the payment of said balance, which was
two-thirds Of the old debt, and interest,
within the extended time Of thirty-tour
years, with interest thereon ut the same rate
us the old bonds, payable semi-annlally, and
would evidence such undertaking by her
bonds, either registered or coupon, at the
option of the creditor; and as a further evil
dence of her intention to faithfully fulfill and
execute the contract thus made, she would
agree that the interest on the new bonds
represented by coupons), at and after