The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1877-09-17
Colonel John T.. Eubank.

Colonel EUBANK accepts the nomination
for reelection to the Senate from the Bath
district in very frank and manly letter
He is one Of the true grit. There is nc
lodging and twisting about him. He makes
his letter sort OF address to his constitu'
ents. We quote from it the following para
graph on the debt question. which is both
candid and Just:
ct hear it said that I am opposed to any
compromise OF the debt, even il compro'
mise should be practicable. am not; but
have been among the most willing, as my
brother-senators will bear me witness, to
maturely consider every proposition OF
compromise that has been suggested to the
Legislature during my time Of service.
Furthermore, am Of the opinion that the
debt can be compromised, and believe, from
information which I am not authorized to
give, that compromise will be proposed
to the next Legislature which may be &C.
ceptable to the best interests OF the
State. I knew it was being matured
last winter, but, / think, was not pre-
sented for the want of time. I do not say
that endorse the provisions, for do not
know them; but when presented l will
anxiously and maturely consider it. am
unalterably opposed to a forcible compro-
mise. 1t would be reputation, and
reputation will result in ruin to our
State. 1t would destroy confidence, de-
press business, demoralize our people,
humiiate the good, utterly annihilate our
State pride Ia sentiment without which
no State can EXIST, and cost many
times as much as it would to pay
the debt. 1t is a mystery to me
that the businessman, and the laboring
man, too, do not comprehend the latter
view of the subject. The man who has to
work for his daily bread would be more di-
rectly injured by reputation than he who
lives by q profession. For the laborer to
accumulate he must have employment. DE
will not get it under the depression when
reputation will bring to all branches OF
business. The senseless threat OF repudla-
ton (it is senseless, for the highest courts IN
the land hold opinions adverse to IT. mas
already very much retarded the return OF
prosperous times:
"Be not deceived by fair promises OF
what will be done. Let the repudiationists
show how reputation is to be accom-
pIished. A mere assertion that it can be
done does not do it. How is the Supreme
Court Of Appeals-the tribunal that has
control OF this question-to be disposed OF
Let your good sense, which tells you better,
control you and you will not aid in defa-
ming the fair reputation OF our old Common
wealth."
Colonel EUBANK says that If the whiskey-
tax bill proposed by Governor LETcHER in
the House OF Delegates and by himself in
the Senate OF the General Assembly had
passed he unhesitatingly asserts 1t would
have yielded from $500, 1000 to 100000 and
relieved the State Of oil trouble. He doubt
ed the practicability OF the MoFFETT regis
ter, and opposed it; but il that, he says,
g can be honestly and faithfully executed il
will soon pay the debt.
Colonel EURASK Is right. Thus enforced
it will bring entire relief not only from
trouble about the debt, but from far
greater trouble-a horde OF demagogues
more INSCRIPTIONS and mercenary than any
81 the genus demagogue that ever appeared
In the Virginia arena. So 49,