Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1879-02-04

ed to $4,000. All applications must
be made prior to the first Of August
next, at which time the Auditor is to
divide this sum rateably among them.
This will prevent the early applicants
from monopolizing the benefits of the
bill. The bill is almost certain to pass
the Senate in this shape.
The House seems determined not
to pass any more bills giving further
time for former Collectors and Treas
urers to collect unpaid tax-tickets.
The Asylum bill has passed both
Houses. 1t requires the Auditor to
lay aside for them one-third Of every
dollar hereafter received in money
until the ro2 thousand dollars now
over due these institutions is paid
This will enable the Board to enlarge
the Asylums SO as to accommodate
the lunatics now at home and in the
county jails. No more meritorious
bill was ever passed,
A bill has been passed requiring
Treasurers to state in every tax-receipt
the amount paid in coupons and the
amount paid in money. 1t also re-
quires the taxpayer to write his own
name on the back Of each coupon be-
fore it can be received by the Treasur-
er. The object is to prevent Treasur-
ers from substituting coupons for
money, and also to prevent them
from exchanging So coupons, which
are selling for higher prices, for SIS
and $50 ones, 1t requires the Treas
urers to post every month, at the c.
H., a list of all taxes received and
the amounts received in coupons and
money respectively.
The Bondholders are here. Messrs.
Hugh McCulloch, agent of the Ameri-
can Bondhclding Association-limit-
ed, Ward, agent of the Earrings Of
London, Frye, President Of the Bank
Of New York, Darlington, agent Of
the Foreign Bondholding Association,
and Col5ton, Of Baltimore, are the
leading ones, and represent very large
amounts, The joint Finance Com
mittcc met this morning to arrange
for an interview with them. There
was a heated discussion as to whether
the interview should be public or pri-
yate. Everybody wished to be pres
ent. Finally it was agreed the mem
bcrs Of the two Houses should be adj
mitled and i p. m. was fixed as the
time at which we should meet them in
the Council Chamber Of the city Of
Richmond. Sure enough "evcry-
body" was there. Il was soon appa'
rent such attempted proceedings was
a farce. No one wished secrecy, but
no such business could be transacted
in mass meeting. Ye "bloated
bondholder" was not used to doing
business in that way. He was not all
accustomed to having corps Of city
reporters to take down and publish
his every utterance, He was no
speaking man--had never practced
at the spread eagle, and in fact did
did not believe at all in the eagle un-
less he was spread on the usual ten or
twenty dollar gold coin. In fact, the
bondholders said they could not pro-
ceed in any such way and they de-
elined to attempt it, Mr. Frye even
declined to leave his hotel. They
asked the appointment Of q sub
committee of the joint Finance Com
mttee to meet them privately at their
hotel. This was accorded them, and
Senators Grimsley, Of Culpepper,
Brooke, Of Fauquier, Fulkerson, Of
Washington, and Coyner, of Augusta,
together with Delegates Barbour, Mof-
fett, Harvey, Anderson, Docock, and
Harrison, Of Sussex, were appointed
to enter with them into the curtained
parlor Of the Exchange Hotel, and
talk over this matter Of 4 per cent.
with them. These gentlemen set on
4 per cent. with coupons, and say
they think they can get a lowerrate
than that accepted.
think the conference will not last
long, and II no better than this can
be done, | think no, the people, had
better say like Napoleon when he
shattered the costly vase, "Gentl'-
men, the truce Is ended IN year VIC
will shatter your monarchy as VIC now
shatter this vase. !" SEE.
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