Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1879-07-08
the whole maiter-eoyer the situation

the whole mAiter-eover the situation
completely. To snswer them proper
~ would lie 10 tell what ReAdjuster
should NOW do. From such sn at
tfTpl ] have 50 far shruuk. feeling
that un 'ess | have snmething .nhs;ap-
TALLY BITTER 10 offer than the McCul-
ioch Bill | mad Lsiier remain silent.
/ need not tell You tia. dur party is
now divided. II divided Ia The Leg
islature last win;ei. Otherwise this
bill would not have passed. The same
body that passed the Barbour Bill
passed the McCullOch Bill. The same
body that agreed to pay The bondhol.
ders what we hsd left. decided that
enough would be left to pay the
amounts required by this bill. Iueed
no: tell you that q similar division
exists among the rank aud file Of the
Readjusters at home. Feeling keenIy
the magnitude OF this rent in our
ranks, have been embarrassed be-
tween the duty owe TO the public as
a journalist TO indicate as best | could
the line Of duty. and a profound in
disposition TO array myself in seeming
antagonifm to some Of my Readjust-
ing friends who ar, sure 10 differ with
me. so have thus far remained ST.
lent. hoping that current and Rapidly
approaching developments might PIE
vent su issue in our ranks. was
deeply solicitous for the final glory Of
our movement, and as deeply anxious
Tor that glory 10 attach 10 esch and
every member of our party, without a
single exception. ] have been panied
by the prospect that by dividing now
one or the other wing OF it might
place itself in a position where it,
fair share in the honor Of readjusting
the debt, would be denied by the 9th.
er, or Withheld by the general pu blic.-
We have battled for eight years and !
have not been, and am not now, will
ing thu; those who antagonized us
shall run away with the victory
You will see then that. while / would
not wantonly volunteer to inject my
opinions into the canvass, l will not
shrink from the duty to do go when
called on for them. So proceed, as
well as 7 can, TO answer your gues-
lions seriotim:
First do not think we have now
the opportunity Of accepting" the
Brokers, or McCulloch Bill. That
opportunity has passed by, unless the
bondholders refuse to fund under it,
You will remember ! endeavored to
furnish TO the people Of Virginia In
this very canvass the opportunity to
accept or reject 1t. Before / went
TO the last session l told my friends
here I would attemp to have submit.
ed to vote Of the people any bill we
might adopt touching the debt settle
ment. ! introduced that amendment
TO the bill, but It was defeated in the
House by 20 to IL.
When the next Legislature shall
meetin December next, portion, and
in my opinion large portion. OF the
debt will have been funded under 1t
If the bill could be repealed then
IL could only he rep' aled az TO the nn.
funded portion. The funded portion
would stand inspite of any repeal -
That much Uf 1t would hare 10 be &C.
ceptedn by US.
/ confess to you in the poverty Of
my inventive faculties ] do not now
know what relief or better solution
il offered by further opposition to It,"
at this time.
We must remember that the ex-
tremest proposition Of our party has
been TO pay three per cent. on the
whole debt. This bill gives US our
EXTREMIST demands for ten years, or
nearly 50. Aside from the view that
q renewal Of the agitation would he
for point ten years ahead Of Us, we
must consider rs 10 how, II we now
repeal and go back to sir per cent.
We are going TO get away again from
six per cent. There are ways to do It,
| admit, but they are very extreme
ones, and would require grip Of pop.
ular purpose and a degree Of popular
indignation which could never be ex.
cited under the old six per cent. set.
element, and would he still more din.
cult 10 excite under the reduced
rates ~ this bill. The hope OF II Is so
nearly impraciicable that | think we
had as well abandon IL. In other
woi d. think this bill has weakened
our line II battle, though 1t does not
give " all we wished, nor all we ought
To have had. With all the industry
and power could command | endeav-
ored TO prevent Its passage in its pres
ent shape, and II IL were now before
me for It's passage would do 80 again
A majority OF the Legislature have
taken on themselves the responsible.
ty Of accepting lts bad features, IT,
good features were secured 10y us and