The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-02-28


Rev. II d. starr, b Die Broad Street Meth
udist church.. Il .s u
Al nufnbers 81 biIfs wera reported from
kcomu6f ttees among them one soincorpofat
the association Of the Sons Of elisha o.
Richniord, and mot to amend the csiaf
Ter Of Man chester SENATE bsIl)a { S. si
WEST pom i. ..s.,x.a4aa--..
semitic bin To Incorporate the West Pcin
and Hanover Jtincti Oh faflrond was, on mo
ton Of hfr. ECHOES, passed by until eo
ssThs motion WAC subsequently feconsld
cred and the motion rejected. u e ns'f' isoss
Mfr. AspEnsos then moved to postpone
until thef3d ofsi March. last day ssof the ses
e;nYft 80 sJ.tf,Iy III. tsgT1 ft37S5li
The bill was favored by Messrs. ROBIN 81
lsoN and FAUNTEER0f aaf aita q = !, z :
THE motion of MF. d sDERsas WIS !losts
| An amendment proposed 9byi the HOUSE
lcofnnittec was agreed 10. 81 s,
Mr.. ANDERSON protested against the OH
tbeine hurried through Ii this manner. %. IA
.declared that he had sneverlhad the oppor.
...Its friends replied tbabitlle, bill !had beer
Ihesorett1e Houseia month, and That there
ffore, hfs Tlea was not good one. - 9Ti
f.hfr ,RoBtSsoN. moved to rstrikc, out the
provision in,tf,e rteRsaying that It shoutC
Ibe repealable at any ftimetb the aGeuera
EAsseim biy.,i IA greed ito-ayesJ 81 ! noes, 70
.Mr.LACYtmogedth the previous question:
tHtBfr. HENRY hoped the motion would moi
iipreyail, as The had some amendments .tc
toffer: se5 j. ffes!Es - f34g-ifIi1J ia} aafi5 %
1.-the motion was lost. i.at. iitt' tof bJ3
j; Mr.. GRAVES, moved the pending question
| Ordered. sdi l. sf.t2f3 90 % SS2!t--. q
Mr.PULLIAM moved to reconsider.
Mr.. HENRY thereHpon called the ayes and
noes. rs Ordered.t!i'3 80 S.'f" p 50
+ .Tweive,o'clock, the hour for.the specia
order, had NOW arrived, and MIR. HENRY
called attention TO the fact. .asnGh-if.liFE,
(. Mr.. MCMILLAN, who was IN the chair
said it had been the ruling [of Mr.. HANGER.
| that II o'clock does not come until the
Speakers watch says so. Besides, it had
always been the practice not to stop vote
when it was being taken. He ordered the
clerk to 60 on with the ROLL.
The vote on Mr.. PuLLIAM's motion to. re-
consider was, Mt 1910, announccd-ayes,
80; noes. 81. 'ass.2 ~
So the House refused to reconsider.
~ THE M'cULLoCH COMPROMISE. g..
The SPEAKER announced the special order.
The pending question was Mr.. MoFFITT's
amendment. - .,.....1 ~.
Mr.. 9foFPETT proposed by his amendment
that the bonds should be dated arhera issued.
He claimed that rs the bill provided that al
the bonds should be dated as OF January l,
1879, it would be in effect TO give the people
lin all probability the benefit of not more
than eight years at 8 per cent, as the bond
holders who held out for two or three years
would, when they funded, be entitled to the
new bonds with interest from January l,
1879.
MIR. HENKEL's REMARKS. -
Mr.. HgSKEr. said: With guarantees OF
this House that the bill providing funds
for the public schools will be passed. it az
fords me pleasure to support. the PROPOSE
ton made TO- the General Assembly by the
creditors OF this State. The question for
consideration ls, Shall we accept the propo-
sition made us or not? Is it wise, there
fore. that we accept the provisions of this
bill {? I shall accept it, not rs an original
proposition, but as the best that can be done
under the circumstances; would not vote
for tay-receiyable coupon but for the TACT
that it is now upon us. l prefer the new
to the old arrangement 1t bring" the IN
terest OF our debt. within the compass OF
the present revenues. 1t Is all tnat the
platform oR,tfe Conservative party demand
cd. 1t is said that the taX-recelvable coupon
is contrary to the principles OF. State soYe-
reignty. The Supreme Court OF the United
Il l,l I. hats fnfnc 20 4 n 4
their sovereign capacity when they borrow
money and contract to pay interest. They
are on level with private individuals.
These gentlemen who oppose the coupon
have showed us no remedy against If. Easy
to make war upon it, to assert rights, but
TO secure remedies is the difficulty. The
Barbour bill offered no remedy. 1t pro-
poscd to pay more than the bondhoiderS
now ask. 1t proposed to feed the consol 6
per cents. and ignored the peelers. 1t did
not provide for arrearages to the schools,
colleges. or asylums.i 1t utterly prec'uded
the possibility, rs it dedicated practically,
all the funds not required to run the gov
eminent and the schools to the payment OF
interest on the public debt. J. voted for it,
as it was the only scheme presented for re-
adjustment. I will vote for the present bill
as q better proposition. 1t will not only.
enable US to pay interest onour entire debt,
but redeem our obligations To- the schools
and charitable institutions. Why reject it !:
Can ANYTHING better be offered? When
evils are presented it is the part OF wisdom
TO take the least. Who will not agree that
an, arran cement of the debt by which we
can paylthe entire interest is infinitely bet
ter than the present, by which we fail to
pay The interest on two thirds OF the debt.
This bill comedies all that readiustment
has. ever demanded. Take out the war and
reconstruction interest, II you Will, as 4
basis Of settlement, and we find this de-
mand fully met in the provisions OF the
bill. Consult the platform OF the ConserVa-
tive party, and you find it fully met in this
bill. Forcible readiusters amicable or
peacea BILE readiusters, may all meet on COM
mon ground OH this proposed settlement.
Securing as it does, a settlement OF tue DEBT,
bringing it within the revenues OF the State,
and thus giving to the public free schools
the funds! dedicated to them In the Constl-
tutiou, shall vote for the proposltlon., L
am utterly unwilling to continue this polti-
cal excitement longer. I want q settlement;
the people want a settlement. The coupon
NAV be Objectionable, but in the new ar
rangement it will be infinitely less obiec-
tionable. as it will he fully met, and with
OUT embarrassment to any OF our institu-
lions. Shall we refuse this settlement?
Who is here willing to assume the RESPONSE
bility OF rejecting it? AS an original pro-
postion, would reject it on account OF the
taS-receiyable coupon. We are not able to
control circumstances. We have TO meet
them as they are. am ready to meet the
responsibility. 1t is such settlement as l
.yoI1ld he willing to make for myself. Being