Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1872-01-06
From Richmond.

Joint resolution suspending the operation OF the
Funding bill, and us the vote may be Of interest
now, and certainly will be in the future, it is
appended, as follows:
Iyes-Allcn, Anderson, Berger, Bernard,
Bishop, Booker, Bouton, Brooke, Brown, .lno.
G. Bryant, Burkholder Butler, Campbell, Car
Cox, Critz Cummings, Dalton, Delaney, Deneale,
Douglass Dungcy, EARLY, Fitzgerald, Freeman,
FulEerson, Gardner, Graham, Graves, Gray,
Gresham, Hamilton, Hardesty, Head, illIl,
Irvine, james, Jones, Rufus s., Jorscnson, Key
Mr. Mntl i',v, McMuilen, Miller, Nckcns Noble
PAYNE. Pcarcc Powell, Radlord, Rumsdale
Riidlcbargcr, Rogers, Roller Russell, Sangstcr
s;crugss:s, Smith, smoot, Snldow, Stey y! l st.
John, Stoval, Strother, Swami Suite, la!IaiGrro
Thomas, Tdbal Turpim, VunAukcn, Walt,
Wentworth, Wharton, Williams, loung-SS
Nuycs-Bagwell. Borland, Brown, j. Thomp-
son, Courcl Daniel, Donald, Doolcy, Fletcher
Gillian, Gilman, Jones, 7. X, Kelly, Lawson,
Lightner, AeHander, LovenIiein, Mn'tE" ,,'h
erlin, Wake, Watts, Watson, AND the > l''Nef
~.
The action of the House was communicated
TO the Senate Immediately, but rs hat body
was otherwise occupied when it RECEIVED the
message, no action was taken. and ut It's adurI-
mcnt the matter was lett pending.
immediately after the announcement of the
| result in thr House: and under suspension OF
the rules, the following resolution, offered by
Mr.. Sutherln, was adopted by Il Two thirds
vote.
Rcxolryd bg the Ho"se 81 DeIenntrS. rhc Senate
concurrngJ That joint committee consisting
| Of nine on tie part OF the SENATE ana fifteen on
he par, of the House, be appointed To take into
consideration III questions of finance connected
| with, or growing out OF the act Of the General
| Assembly known ~ the "Funding Bill, "r
| touching the payment ui Interest upon the pup
! lie DEBT. and report such measures IL they may
| deem cXprdicnl for the proper adjustment
| thereof
Mr.. :. said that the resolution had been
prnu,urcd by the anxiety he felt on the subject
and Il desire on the part Of himself and friends
! TO meet the other SIDE in the spirit OF rDn-
! promise
Nr. Booker was now. as all along, opposed
| 70 the Funding bill, but was Tor doing all III his
power to pay the debt, and believed that III"
! gleat majority Of the people were animated 10y
| the same feeling and purpose. The cry Of re-
pucliatiou which had beer raiScd, had created
am alarm which should be quoted.
Mr. Brooke said that The resolution met his
most cordial approval. While he was settled
| in his opinions, he was opposed To allcXtrcmts
A properly constituted committee, appointed
with reference To the prevailing sentiment
might accomplish much good Aitcrlmvlng cur
RED The juiu, restitution to discontinue funding
over the veto, he thought the ma iorlty could
| afford TO entertain propositions looking Id Il
compromise OF differences.
MIR. Smith. of Nelson, was Of opinion that
while the House WAS acting upon It's rcgnlar
business the Joint committee proposed, could
be engaged In arr;lns Ing the troublesome lIrlll-
ca question.
Mr. Daniel briefly supported the resolution.
Matthews. the colored delegate from Peters
burg who had voted for the JOINT resolution,
when it first passed the House, pointed out the
injury it had inflicted upon the credit OF the
State and why he had voted TO sustain the
veto. He differed with the Governor III poll,
tics, and on questions Of party politics.. would
always oppose him, but when on auuestlon Ike
this the Governor stood by Virginia, he would
stand by him. Sink or swim, live or die,
survive or perish. he would ever De found
against reputation.
Mr. Taliaierro supported the resolution IN
some remarks.
Mr. Deneale cordially approved the resou.
tion of MIR. Suthcrlin. lie deprecated local
jealousies on this subject, saying that country
and town are equally Interested III It's llarino-
NOUS settlement and equally dependent upon
each other.
The action of the House being communicated
to the Senate, that body also passed the resp
! luton, after brief discussion Ill which IT was
urged that it was L measure OF couclllatlon cal
culated to bring about settlement OF all dlflcr.
cnces. and to result in some plan IN which all
might concur. The President appointed as
members of the committee on the part of the
Senate, MeSsrs. Thomas, ltzpatrlck k, Cochran,
IIundley, Connally, Nowlin, Ward, Herndon
and Terry,
It remains to be seen what action the Senate
will take upon the veto, but there is scarcely a
hope that it will share any different fate from
that it met with in the house A strenuous Ell
fort is being made to revive hope by holding
out Inducements that ''sOn1rthng Is TO be
done, but the blow has been struck and no one
now thinks that the terms of the original CON
tract to regularly pay interest upon two-thlrdS
of the debt, will be carried out The action
taken by the House, if conculred in by the
Senate, is likely to involve the State IN serious
COMPLICATIONS with her creditors, impede the
influx Of capital ard immigration, and. III the
opinion of many, bring numerous evils upon
the people, who, already oppressed, will hard
| w be relieved Of taxation, while their credit
may be seriously impaired, just, too, at time
when it is most needed to enable them to eX-
tricate themselves from their financial en-
! bala>smcnts. .
1t is said that compromise proposition is
to be submitted as oows:-Iorcpca the cou-
bon feature Of the Funding bill; to throw out
the compound interest to declare that the third
not funded shall never be paid by lirgl uia-
but the creditor must look to West Virginia: to
pay four per Ct interest on the third r funded eI
fcatule of the Funding bill to be retained is that
which funds the debt, and declares that no in
rerest shall be paid on any not funded. All no
doubt, intended for the best, but when the
honor and credit Of the State are lnvolvcd they
'. . admit OF no ''compromse Any bur Il
straight forward, unequivocal policy is rluuous.
i Better submit l to heavier burdens Iau that
breath Of suspicion should attach to the honor
Of the State.
In the Senate to-day, bill was reported au,
thorizng accused parties to testify III cases oi
misdemcan0r.
Tho House hill 10 amend and re enact the