Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1877-09-25


~ that the valuation of thesreal estate of the
mmonwealth is SO much less to-day than be-
Efake the war? Personal property, it is admitted,
~ appraised extremely low, and real estate is
assessed at almos: nominal values In support
Of this position, he gave instances of properties
IN Virginia, which were producing 20 and 80
hrshels of corn to the acre, for which the own
ers asked $50 and sl0O per acre in cash, which
were assessed at $40 and $50 pc. acre.
He stood upon the platform embraced in the
principles set forth in the Bible and the Consti-
tuition OF the State of Virginia, which he con-
sidered a better one than that of the Conserva-
tive party. 1t was the platform of honesty and
righteousness
The State debt Of Virginia is s9Ooo,oo3 in
round numbers, of which amount the sum of
$40, 900 has been funded in bonds with tax
receivable coupons for the interest. This
amount has already been adjusted, and the high
est Court of our State has declared that it was a
Constitutional act and must be adhered to-
The justice of the Funding Bill has been ap-
proved by such men as the late lamented Col.
John b. Baldwin, Hon. A. H. H. Stuart, JOS A.
WaddelI, and Ex- Governor Smith.
Some people talk about adjusting that debt
again. How is it to be done? What will the
creditors say when called upon to re-adjust a
debt, which they have already once adjusted
and have security for its payment.
Now as to the position of this debt unfunded,
and which is known as peeler bonds. 1t
amounts to the sum of nine and one-fourth
million dollars. BY whom is it held? From
the Valfey VfrGis.iaa, the ablest and most astute
Oh any OF the lew adjusting organs in the State,
l iearh shat the larger portion OF THIS sum is
heio by WIDOWS ana orphans OF the State Of
virginia. here the COL, IN MS usual happy
manner drew most graphic picture Of the
conference between inns class Oh creators and
tae nance toihnliSee Wheh they came for
"aio W ciaiii li'e s'iiiouht oue them. IN reply
W thelt deinahu' Tue committee could only re-
Ply, neaiiy, my oeai iauies' we can pay you
noohiiis untii stitei W naVe pitiotHe expenses
Oh the government ana proViueo iof the educa-
ZION oi our chiiafeh' iheh IL there Is anything
iei1 we viii divide 1t among YOU
he old not want 70 pe unoeisto as opposed
10 the puolc SCHOOLS LOT me was IN favor OF
liberal system OF pubic schools. But he want
ell the children Taught something more than
geography ana arithmetlc-he wanted them
taught to be honest.
In his Judgment IL was barely possible 10 pay
INV VIZ ~ - ~ '.-'''
0ne iesen"s ~. ~ -. ,' 80 ~ e.sA
80 ~ ,ss ~. a, - 49,.
mnS -. ,,,oroos.d sts
". - 49, ~ o. "
pssse, so 1ne 'ioloi ~ ,n.e ssy "
Leg .sla.u
ne safe .ress'taI explanation OF his owns
eisnip u S'a'e oc.'ss showing INA. 'ileS nag
come $50 hRstands IN an administrative ca
pac,lSiip. ms is.her' VINO hao spent MS ne
III IHe sei ICE VI ILLS couutry iHu iiau Invested
MS savings III 'he o"hus Oh she state OF va. me
Terms % "hlch he hao accepted, ana secondly
W s,'ie Vi ene ooiios "nen tiie legislature re-
pe.'ieu 'iie hshuihs oili' So tlas no" ne oniy/
he'o @''eoo III pohus' winch ne Kept as means
Oh paying MS state taxes. HIS cicslng appeal
10 the psopie TO sustain the honor and credit OF
the Ola commonwealth was one OF the strong
est we nave ever listened TO ana the want OF
space ana Tune only, prevents US rom glyI4g
II. IN conclusion, he s;ud II you people NJ
susta SEND me TO the SenaOeas an honest, God
rearing, debt-payins man, shall only be too
proud to serve you, and will serve you willing
~ ana faithfully. Bat am unwilling to go on
any other terms.
s. BROWN ALLEN
did not think that a sinele point had been
made against adjustment which. cnuld not be
controversial The people now waM honest
men and reprssen ia tive men. but more than
that they want men ID syinpathy with the
wants and needs Of lcS5eoG3e 81 large This is
the most important 'tsnV7 which has eyer
taken place a the sfafns{ Virginia. ON 1fe-,
ponds the veal or seoh az d ed ST
There are onl stg0X sd
pie, either an isfersafka(
| ton OF such measures ~ =