The New York herald., 1878-07-06
VIRGINlA'S DEBT.

NEW MOVE ON THE PART OF THE FoRCIBLE
REaDJUsTMENT PARrY-AN APPEAL TO THE
PEOPLE TO CALL FOR CONSTITUTIONAL
CONVENTION
BY TELEGRAPH TO THE HERALD
RICHMOND, July S, 1878.
The ioreble readjusters of the State debt in the
General Assembly, through General William Malone,
their recognized leader, have issued a secret ad.
dress to the people OF Virginia, accompanied
by confidential letter from Malone, both
OF which were published to-day. The address gives
history OF the legislation upon the debt, and de-
nounces bitterly Tho defeat at the last Of
Legislature OF the Barbour bill, or the scheme OF the
readjusters, by the veto OF Governor Holiday 1t
also censurcs tho Supreme Court OF Appeals for af
hrming the inviolabiIty OF the Faading BILL aud
cludes with this appeal:-
The state oi the brings you face to face with
the great question of sovereIgn MY, The lie Of the
State and the weilbeng OF all It's cit zens, which Gu
only oe dsalt with through tho agency Of consItu
tional conventon The very preservation Of the gov
ernmen the support OF tue schools and the necessary
support oI your humane ana literary institutions,
anu Ia reality your freedom aud CIVILIZATION
once impcred You arc called upon to bear heavy
Increase Of present burdens, tu hity per upon
the existing rates OF taxation, or stand idly BY
allow these OWLS TO come and with them the burning
shame OF direct reputation OF all other tue con
sui. OF ipss,ou. sse po,ov Of Inv ,medos re-
or else rise IN your majesty, and by the
inherent powers OF sovereignty take directly hand
the situation and enforce such reaojustmcnt Of the
debt as he equities and impsrious necessities Of the
Commonwealth, her people ana her fortunes, with
due regard 10 every just right ana claim
and the best interest OF the creditor mu-
tualy demand. BY this decree tho Court
has to such extent invaded the heretofore well
dcuned powers OF coordinate branch OF the govern.
nent as TO render your Legislature powerlcss any
longer to deal delpteiy with the situation to afford
that relief 1t demands, o,hcr~ise than to make the
herstofore stated necessary increase OF your taxes
winch the undersigned we're elected pledged not to
do, aud do not understand Il TO be your
wish that they should, II indeed they were
prepared TO advise you 10 instruct your
representatives therefore, we tho undorsigued
members OF the General Assembly, deem TO be our
solemn duty TO advise that you take measures i've
efficiency and effect 10 your will by public meetings
TO be held you elect and the organization OF
ADVISE that you declare The following as the pruciples
oil your latin respect hereof TO be Oh
served AMI earnestly promoted by your representa-
tives
First-The sovereignty OF the Com mon wealth as TO
her domestic affairs.
Second Tho right Of the people through their rep
resentatvss 10 Determine the manner aud rate OF tax
alton.
Third-The right OF tho people by and through their
represent tatves 10 control The Of the state
FourU-i he right and duty OF the represent tives
OF the people 10 MAINTAIN aud ostcr system of pub
lie Tree schools.
FVM--rhs policy OF carrying reform and economy
into every department OF tbe government
Sizth--fhe rgnt OF the people to SIT in soyereIpn
whenever 30 ,boy may desire to do; and snat your
representatives In the General Assc are true ed
10 provide promptly or "a utiOnal convention
10 10 hold At the earliest possible day.