Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1878-03-06
Legislative.

| LII luC Clslt Ccuate. yeSleluaJ, q pl'! was
passed to provide tor the working Of Lhe roads
in the county OF Fairfax.
A bill to provide for the consolidation Of the
public debt was discussed and made the order
OF the day for Thursday.
10 tue House of Delegates petitions were
presented from city ,ns OF Ucntreye district,
Fairfax county, against any modification OF the
present fence law in said district ; also from
the citizens Of Fairfax county 10 regard 10 in.
spectiou Of -four barrels.
Bills were reported authorizing the trustees
of the Methodist Episcopal Church, South, ID
Madison county. Va, to sell certain property ;
to amend the code 10 relation to the meeting OF
| the General Assembly; to provide the manner
OF fixing the salaries and allowances OF certain
county officers and requiring the Auditor of
| Public Accounts to pay over arrearages due
literary fund.
Mr.. Ficken offered resolution for the ap-
pontment Of commission to settle the State
debt The House refused to refer it, and pro-
ceeded to its consideration.
The resolution provides for the appointment
of ! commission composed ut l.. ". Nj. Hol-
iday, Governor Of Virginia James A. Walker,
Lieutenant Governor; James u. Field, Attor.
ncy General; Henry g. Allen. Speaker Of the
House OF Delegates Daniel a. Grimsley,
chairman Of the Senate Finance Committee !;
James Barbour, chairman Of the House Ri.
nance Committee VIM. +. Taylor, Auditor
of Public Accounts, and Thomas s. Bocock,
for the purpose Of concluding q settlement of
the State debt.
Any five members of the commission are
authorized to act, and in case OF death, rcsig-
nation, or refusal to act by any member or
members Of the said commission their place or
places may be filled by appointment Of the re-
| naming members.
| 1t shall be the duty OF the commission TO
request tho creditors Of Virginia holding the
tax receivable coupon bonds Of Virginia to meet
said commission either in person or by proxy 10
the city OF Richmond as soou as practicable
after the adjournment Of the present General
| Assembly.
The commission arc authorizes to offer TO the
creditors, in exchange for the coupon bonds, or
bonds, or fractional certificates legally fundable
therein DOW held BY them, registered or cou'
pom bonds now taxable running fifty years at 4
rate OF interest not exceeding $50 100 per ct.
per aunum.
When three iourths in amount of said cou.
pom creditors shall have sipnifed this acceptance
OF said proposition, then said commissioners
are hereby authorized to make said exchange
| through the proper officers Of the State, under
| rules aud regulations to be prescribed by law.
And after such acceptance by three. fourths 10
| amount Of the coupon creditors then the peeler
| bondhoders, and all other creditors of the State
OF Virg ina, are and shall be entitled to exchange
their bonds upon like terms and conditions, and
10 their proper proportions.
| Any obligation upon the part Of the State to
account for or pay any portion Of the oue-third
| Of the debt set apart to the State of West Vir-
GINA as her due aud proper part of the original
debt Of this State. by the act Of March 30,lS7,
is hereby expressly dsavowed, except to &C.
count for abY moneys which may be received
| from West Virginia on this account.
Several amendments were proposed
Mr.. Hunter supposed that there was not
member On this aoor who did not pledge him
self to settle this debt on fair and honorable
basis. Were the members now, iu tho last
days of the session, going to shirk the respon-
sibility, and put it 10 the hands of an electoral
commission lie thought that this country
had had enough Of electoral commissions.
Laughter. ...
Here he Was stopped by the arrival of the
time for the consideration Of the special order
latter some squabbling, Mr.. Fauutleroy moved
that the House do now adjourn sine die.
The Speaker, Mr. Hanger in the chair, said
this body could not adjourn without the consent
OF the other,
MIR. Fauntleroy amended his motion so as to
make 1t THE Senate concurrlng."
The Speaker (Mr. TaIialerro, of Gloucester,
said the motion was not in order at this stage
Of the proceedings
Mr.. Eauutleroy then moved thss the House
do now adjourn. Lost.
MIR. Graves moved that the calendar be
postponed for one hour; which was carried.
MIR. Hunter moved that the House adjourn
Lost. ]
MIR. Popham moved that the House adjourn.
Decided after much wrangling to be out of
order.
Mr. Hunter then continued bis remarks. He
insisted that the gentlemen proposed for the
commission held such antagonistic views that
that they could not agree. He held that the |
matter now rested with the sovereign people. l