The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-02-25
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::sssSsSss e FEnRuA Ry ss5, u A. 20 g
!. 1000 a. Trgss,ble Z?

srs,s s & s, she issue inmediassiy pending y
,,.,,sf 10 ,,net now. lnust We
{ ss,sr 81, vim settle public debt ana hase
,,,eace. es whether we viii disperse wisalo. y
] settlement, without agreement ana Esp..s
enr Hear aid Cornmonwealt oGr people,
al sa,eir interests 90 tl'e eonssttion 9!
casta in,y. Siisoaiet, and general
60 ! ry,rehsusion which we have go long.
3. nc,ss, and So well know how TO deplore
and .how 10 exeeratss $500
1srf,js Il sbe qpestion. hst shall pc oar
asnswer b, what Arg we not ail Yi 'f
5r;sysr Are we not all bound together 10
interest and Ia sentiment in the name OF
81 al ROOD what should separate us 50 that,
whine one shah feel obliged TO stand by the
s. commonwealth In endeayorlng to secure Inc
,public peace. another shall exert all WIS
sks,, and influence 70 obstruct q peaceIu'
s,naerstant,irg and proiong the public srou..
s,,es There Is no reason why sucn dfuer-
once should exist. All good sense. all pa
1rsotisrn. sorbids It's Such difference comes
from The circumscribed vision OF PERSONA
ambition and personal prejudices: For
s3o,i,a cake let rs dismiss all these uniortu-
nate influences and Offering our persoanai
feelings and yaniiles upon the altar Oh ns
eonnsry combine for the good OF all andfhc
honor and glory of Virginia IS
j u IN We know eur 0wn heart, we go aorta
to-iIay every inch a Visginian, regarding
Il every citizen as such, and entering toe
S arena na as a brother eager to render service 20
! the common labor OF restoring peace ana
order. 10 the Commonwealth and serenity
and security to all her people. W ssk q.
{ {, +, nIace bysitbe side OF every friend 10 his
I country. al, a object not TO struggle by his
]. side m repes, as we trust he would every
.rrecoIiiee,ior OF former difference In tire ar
dent desire to help on to success oug com
mon cause JIG n ~ u
There are to be persons in the capital TO-
day from distant parts OF the State who are e
TO consider matters OF "a public nature
matters which should not in any mannerIbe
subordinatea to prciudices or desires per-
.tsonas, No man can assist in advancing the
n enub,ie welfare who proceeds TO consider
a2loW the chances or lnen may be adVanceu
~ BY obstruc;ing harmony and order. No
s.. maj, mai Is d patriot who seeks to SECURE per;
senaI or party, objects by retardihg the re-
.,storation Of peace and order to the State.
The immediate question Is, we repea l.
Peace or Trouble 80 49,. ~, -. ~g., y -
n y II Is known to lis. all that the public debt
lis the trouble, and to kept open 10 TO con
tinue the trouble and continue the steady
decay Of public morals and the increase OF
3 private distress and confusion. TO settle
q The debt and end the yexatious discussion
: is the real object dear to all. And Mr.. DAN
TEL OF the Virginia Senate, has, in reasons
WHY he voted for the acCeptanceiof the pro-
position OF the bondhoders, given us > +
..THE END OF CONTROVERSY" :,
We invite attention to this FORMULATED
Statement. It's conclusive and unanswer.
able. He favored the bill FOR -these-rea-
sons: .cASit ~ t')a + ! 60,
81. 1t enables us in itsel! to save the
piblic-schooi find by reducing the aggre-
gate amount Sos tax-receivabie coupons.
with auxiliary legislation which is to follow
--fsseh as that iiadicated by the Senator from
Pagel 1t will put the schools on a stap'e
basis. =, =
40. 1t will enable us to support the Cow
eminent without interruption. 1t puts our
revenues within range OF management. ).
"3. twill prevent any occasion Tor OF any
demand for the increase Of taxes. Inc
Bccock. Fowler bill of last year, predicatea
on the like assumption, met Wild ainost
unanimous favor. This bill puts hfe into a
similar and better settlement, and makes it
.s4. II is calculated to restore credit---thnt
well-spring OF. peace. happiness, and pros
perity Our State is now in arrears OF prln-
.. ,aipal and interest,to! her creditors. She 1s
under protestin the markets OF the world,
: and bIackbalsed on Change. Once her
credit was higher than that OF the Federai
(, Government This bill, faithfully carried
ii out, will again make her the peer OF any
: sovereign in financial credltand good name.
as. 1t saves money, and much OF 1t. The
s. present aggregate :amountso OF per cent.
fax.receiyai,le coupons. which pay interest
= on only two thirds Of our recognized debt,
.are ii, round numbers S1,200,000 annually.
O. The aggregate amount OF 8 per cent. tax-re-
IS. ceipaLie coupons, which will,pay interest on
our entire, debt under this bill, will be in
round numbers 81, 100000 annually for ten
years-a saving of 100000 per annum, Or
,,00o, COO during the next len years, &C.
sstGording to the rate OF present revenues paid
on account of the debt, and paying in
: terest ON the fun debt to boot. &. :.f,,,. g.
-s.aaft8 During. the twenty period of4 per
!, cent. we viii pay annually In Interest on
ahe.Whole debt assumed just about the same
a sums thatit now takes to pay interest on
.EWp thru IAN amount less by $500, 600 per
: aannum Ibans6per cent? Ionathe whole dent,
ora saving In interest, OF Sl2,Ooo,0Ve; an q
II, In the lasC ten years OF The CURRENCY or the
! ID per cent. bonds q like saving OF S3,O00,00o.
.sais.iiss q The differences between the aggregate
90 Interest thas would be paid at 6perq cent. on
-iathef whole debt and the amount that viii
!, he paid under, this bill will amount during
The forty years that thehondst run, In round
numbers, to about S23, 600, 900, ao,Fs' CO.
8. This is a. fair com promise. OF the
-4acorigina ! ;debt one: third was taken off for
West Virginia, and 6 per cent interest
was promised on the residue by the fund
- ing biit.-- The value OF the new bonds is
sued under the pendtpg bill compared with
g. per cent. bonds Is 62S cents on the dol
1ar-that is to say, deduction equal to 81
per cent. is now TO be'nade in addition to
onethird taken OF before. This more than
meets during the currency OF the new bonds
the declarations Of such re solutions as those
offered by the Senator from A lbeinsrle and
others. -; .ls. . H..
80. 1t puts al. Of our debt on.the same
footing. s..,
t10. forbear personal illusions to the
opponents OF this bill, Letthe .badinage OF
debate pass. There are honor, credit, Wis
dom, economy, education. law, order, equal
ity, and the hopeful seeds OF peace 10 tlls
A.. nvnh IA q