The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-01-29

:.,,,. : hone of contention among classes
rs.a ssss;ons The four banks with Wnisl ~
a. Idenpsited sare charged with paying lou ~.
Is u elr,t IN the State and sending It NoriLto5
per ce e,.sat ton or.twelve. This is, what the
lenu ". on 49, rho 'naid itsWtth an ease and
l.,,sss tbot astofsished thensselye gave
a &c o.r,tirying proof of the innate strength
~ o5 rse,,neratiye power of the Commonwealth
d,d not bargain for. They didnot send tneir
,,resent representatives to Richmond TO tlkc
nossession of their money and band u over
r. notc-shavers at home or abroad. IL wac
meant to diminish the State debt ana ti'c
state burdens and not to increase botl:
The larger this fund remains in the DAMS,
the less secure will its recovery Decoiie! .ne
more serious will be the stringency celait . w
he brought on the business affairs OF t.le
community by the contraction que " i.s
moro or less sudden calling in, ana tle
greater mischief meanwhile must IL "orh ~
3 Temptation to jobbery and corruption.
Every daymultipliesth the difficulties brought
nv tho legislature upon itself ana the lnter-
s:ts committed to its charge by the reckless
course inaucllrated in the resolution Oh sis-
1',,,sior There is but one way, and that the
s;nr,iest in fine world, Of remedyng the eVlts
fiat baye already happened or that must nap
rnn That is to order the payment OF the IN
Forest on the public debt, as pledged ana al,
rcctcd by the funding bill, and as provided
far amnly by their constituents. The TACT
that flat bill was not faultlcss has nothing
~ do with the question. It is at least as per-
foot ~ thc hundred or two railroad and turn
nike hills which originally created the DEBT.
Rnt if it were not. and if all "the most bril-
liant legal intellects in the State" which have
nothing else to do could amusc themselves by
driving a team of horses or team OIL asses
through anv part of it, it would nevertheless
remain an agreement that the State, IN her
own interest, offered to and concluded win
her creditors, with every formal and legal
sanction it was in her power TO give, an
agreement literally acccded to, and under
Which contracts have been perfected anu
rinbts ycstcd--rights rs complete as lilat
which any rcpudiating member has 10 Tue
hat upon his head or to the railroad tickcl
for which the Commonwealth pays nun
twenty cents mile, ana Wmch Is pre-
sentcd to him by the corporations nc
accuses of having brikcd his prcdeceS-
sors in the sclt-same halls OF once uncila'
lcnccd purity. It's validity, moreover, Is
distinctly recognized by all the antl.lunacrS,
including the packed committee OF thnty-tWo,
in their taking such good care 10 nol0 on 10
the old bonds surrendered llndef IL. but, is
we say, could it be proved unsound, and
every interest involved in it be restored to
the status Of the goth day of last June, it
would yet be better than any substitute as
vet ofIcrcd-incomparably preferable TO the
most inccniously devised project Of repudla-
ton. 1t is at least, what none of those can
he, a settlement dishonorinS to neither the
taxpayer or the bondholder, and actually
carried out by both. Nobody stands in the
way of peace, nobody blocks out this long,
looked-for glimpse of daylight III the via
Domiuion's night, but the Radical members,
backed by less than half Of the Conserva-
tive members of the existing House Of Dele
gates. .
9 But for the gravity of the issue there
would be something ludicrous in the circuln-
stance that these sclt-constituted champions
of the taxpayer are confronted by no obsta-
Gle so troublesome as a full treasury
Winchester Ne,cs. ..