The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-05-25
The Public Debt-solia Ground,

The Public Debt-Soha Grouho'
Here is a sentence from the Hh'g Of veg
serday which all Virginians should hesF','!
endorse: .sNo Reputation and let the
world know that Virginia's bonds are on
basis Of strength" are declarations ''"'
shon,d come from the hearts Of the people,
and which should be so proclaimed tha' none
shou,d doubt them, and that they shou'a oe
,>o,,ov.a nv al, men. The Wig also says:
"The people are not disposed 10 rep9a.a'e
the deot. If they bad oceh 'ney "ouu ,.ns
400 have done SO. They are a"aIe VI tue
sss,rnss with which it is due. Ibey are
saro If ,he immense resources Of the State.
Thsr are looking confidently for an early de-
ro,onmcnt and utilization Of those resources.
They expect to give assurance to the woria
fhat ir.inia's bonds are on basis OF
strength
People of. Virginia know their purpose to
maintain the, public honor, and the whole
world should know it. The people OF Vr'
rinia know well "thc immense resources OF
the State" as the Wing expresses II, ana We
believe ,ba. world OF civilization and COM
merce with which we have intercourse has
even better appreciation Of those mi
nepse resources" than they have. About
this there ought 10 be doubt neither at home
nor abroad, and all ought to consider" that
Tirotnia's bonds nrc on basis Of strength"
With this will and faith prevailing, there
should be no issue at the polls on the subject.
We CONCUR with the Wing fully. We have
ileplored any war Of The kind; but there
was note CT preparation at one time for
crusade against the debt; for tearing up the
whole question for throwing the State at
sea, and involving the public honor, the pup
lie and private credit, in state Of inceritude
and filling tie land with apprehension and
suspendng enterprise and repcllinS popu-
Iation and capital in manner rulnous 10 all
classes. We did say and do say that such
crusade. as that should be met by all advo-
Gates of State solyency and State authority
of those who would preserve the State in its
true character of State with its proper
force and responsibility. In the absence OF
such 8 crusade as that, we are Ter
the Wings platform: "So reputation -
and "cive the world assurance that Fir-
ginia's bonds are on basis Of strength"
Here rest awhile, and no harm can come TO
the State or her creditors. Here rest with the
bright promise and confident belief in 1.-The
early development and utilization of those
immense resources We all feel so thankful
and proud that Virginia possesses. AS the
Whig says:
A. fo l,o ha fnr
Virginia 10 economic rs closely as clrcum-
stances will pos.ibl, permit, and, after allow
fpgs frugal living for herself pay to her cred
itors all she has lett"
If that will do for those who so earnestly
plead poverty, we have not seen that the pub
lie creditor has had the po,rer if he has had
the disposition 10 compel the State to do
more. True, the coupons cannot be rejected !;
but they have been taken for TWO years, ard
we have gotten along.
The prospec. is indeed bright. The debt
is practically already reduced to t,ro thirds
the State has established sinking fund that
is doing great things TO diminish the public
burlhcns- jectS for settlement and devel.
opment OF Virginia lands and mines are
multiply ing- ard we have no reason for
dependency, no reason for apprehension.
The future Of Virginia is bright. Her means
will increase her citizens will see that
they may soon with ease provide for the pub.
lie debt-that in no way can they so well as
sure their own prosperity, the enhancement
of their own property. and the promotion of
their own happiness. as by putting the credit
and honor of Virginia on the highest emf
n,nce and cnshrniug their noble mother and
her children in the respect and kind regard
IF tho world