The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-02-21

II the utteranccs OF the Press are any cX
ponent OF public sentiment, the people OF
Virginia will find it hard to forgive the
present Legislature if they TAI to effect an
adjustment OF the public debt upon the
generous and liberal basis offered by the
creditors For the last decade trading poll
ticians have sought to debauch the public
mind for their own vile and selfish pur-
noses, but we cannot believe that our pee
ole have become so utterly lost to every
sense OF honor as to refuse TO pay What they
are abundantly able 10 pay in liquidationof
q debt for which they are honestly liable.
II we are ever to know prosperity again,
this question must be settled now. lis agi-
tation can serve but one end, and that end
the perpetuation OF i horde OF political
parasites whose rule has bowed the head OF
The proud old Commonwealth tc the dust in
shame.
The impulses OF our people are honest.
Their desire is TO pay every cent that they
can nav. And iftheir voice could be made.
as il should be, the supreme law, then Tue
debt would be mt once readiilSted upon
terms satisfactory to taxpayers and credit
ors. the honor OF the State would be saved,
and the pack OF iackals who have been fat
fenino uDon the rottenneSs that has fastened
on the body polite would be rcmanded to
some more honest means OF gaining their
MISUNDERSTANDING Post. -.t
The bordholders have conceded the point
made by the join: Finance Committee and
consented TO extend the term of the 3 per
cent. bonds under the proposed adjustment
OF the debt from five years TO ten. Tue
whole proposition then stands 10 substitute
for the present 6 per cent. bonds, with their
tay-receivabe coupons, new bonds, with
tay.receirable coupons, bearing interest al
the rate OF 3. 4, aud ) per cent. for ten,
twenty, and ten years, respectively. III
the Legislature reject this liberal PROPOSE
ton? Surely not! Right, justice, honor,
all demand its acceptance; besides, every
interest in the State is sensibly affected ny
the Drolongation of this question: Fece-
rickSbU,g Star. a.
We have read very closely the printed
| proceedings OF all the reported meetings
| held in the. State TO send delegates 10 Tue
lproresaid convention, and with great respec
for many Of the leaders OF the movement
and confidence in the sincerity OF their de
ludcd followers, we predict now that tin
convention will not be composed OF ON
huadred bona tide delegates from The wnot
State: that not one half Of the counties VIII
! be represented at al by principal or proxy
that the whole proceedings, II there are an;
at all, will be the.seriest :. fash in the pan
that was ever exhibited in Virginia con
psntion. We advise all OF, our countr
I friends who have been honored with an az
pointment to resolve to stay at home an
save their money Tor household purposes
;. Petersburg Posi-. Il.
! We believe the torci0ls readjussers are ne
. only opposed TO paying the hondholdel
three per cent. interest, but are ABSOLUTE
} opposed to paying any part OF the prime
; pal, and In addition want to make the bon
) holders support our common schools, p'
, all the expenses OF our State goYernmer
; andieed and e.othe our people This loo
i very much IKE senator Ftikerson's prop
!. sition and some OF those who. are associat
Il with him. ~ rs
Ell we hope the bendholders wi!lnOt sopse
Is to such monstrous imposition - ete'
Is burg Post