Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1878-10-08

care of himself. He was for the with
drawal of National Bank notes from
circulation, and the substitution there's
for eresnbacks based on the faith OF
the Government. redeemable at the
pleasure of the Government. Mr..
Fudge asked what be would have them
redeemable in, and Col Richmond
responded Gin Just whatsoever the
Congress of the United States. the
only money-making power might
choose to declare them payable in,
when the time should come. (This
completely silenced Mr.. FUDGE He
said he would have them just like the
present Greenbacks are, except he
weuld strike out the exceptions on the
back of the present greenbacks, so
that the new notes should be made a
legal tender for all debts, public and
private, including "import dues and
interest on the public debt" They
must be a legal tender to people, gov
eminent and bondholder. He would
have these greenbacks in sufficiently
increased quantities to meet the wants
of the people and the demands of
trade, Such money would not be
Fiat stuff, but would be good to ev-
erybody everywhere in the United
States, and would do all that gold
can do, and answer all the purposes of
gold, and stop speculation in gold,
and protect the laboring man, Col.
Richmond was particularly painstak-
ing, explicit and positive in stating
his views On the currency, and his
remarks were listened to with the ut
most attention. 1t was evident he
excited thought and reflection on the
part.of his hearers.
On the subject of REIMBURSEMENT he
was equally plain, He fayed with a
merciless hand NeHberry for his vote
for the Funding Bill, and the latter
WINGED and squirmed under his faga-
lation as though a powerful galvanic
battery had him in its terrible grip.
Col. Richmond showed that while
in the Legislature in '74-5 he had
voted for and sustained every meas
ure presented by the Readjusters. He
had voted to make the school tax
payable in money, and he had been
true and fearless friend Of Free
Schools, and had showed his faith by
his acts, He had always denounced
the f. B. and would never consent to
paw the debt as defined and settled by
the F. B. nor would the people of Va.
ever consent to pay Hewberry's nine
millions of war interest.
He paid a splendid tribute to the
Democratic party, and warned the
people against the danger of dividing
it by the introduction of new party
under the name of National, or any
other.
He completely demolished Mr..
Fudge's pretentions as a Readjuster,
and his advocacy of McMullin as a
Readbjuster, by asking why he, Fudge,
had voted for Trigg the Funder, and
against Fulkerson the ReadjuSter, -
This was a killing blow, but Mr..
Fudge said he had met Mr.. Trigg in
the road and told him he would vote
for Fulkerson, because {. was a. Re-
adjuster. when Trigg replied why
[ am a good Readjuster too" This
was weak defense but it was blown
to film and foam by Col. Richmond,
who asked Mr.. Fudge, "Did you not
afterward hear them discuss the ques-
tiOn?" To this Mr.. Fudge replied
he had. Then said Richmond. Glow
is it that you took Trigg's word in the
road when you heard him publicly
oppose readjustment on the stump?'
This was an extinguisher, and Mr..
Fudge went out and ceased to charge
Richmond with being a Funder.
Capt Newberry labored and pulled |
through his IS me old threadbare, |
heavy speech. The only thing new
he said was that at last he had found |
put that he had voted for the Fund
Eg Bill and helped to saddle nine
millions of peoples money ane leav-
ng the Free Schools to bear the loss
1t was a field day for Richmond. !
4 number who had heretofore oppos>
ID him declared they would support
him, and some Uery prominent who
lad come there opposed to him de-
.lared they would now not vote at
III.