Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1879-01-21
Our Richmond Letter.
RlCHM0Np. Jan. Is 1879.

RICHMOND, Jan. Is 1879.
The work of The two Houses has
been on matters of no very great pub.
lie concern. Since my last letter,
several bad bills have been killed. but
no measure Of much importance has
heen passed. The hill to give away
thecanal to ret parties to build n rail-
road instead IL set for Monday, and
VIII get up some excitement. The
Senate agreed 10 III House substitute
the holders nf our bonds toa confer
Once with the Legislature. The dav
WAS aftcrwarl postponed for ten dnys
from the 22nd inst, No one enter
tsIns any doubt ~ to their coming. -
Many persnua here seem 10 think II
settlement can hp made. think they
will agree To take new bonds 10 run 45
yesrs with interest at per cent for
the frat II years, for the second Is
and for the third, | believe they
will relnqush the gold feature, and
that the trouble viii be over the Tux
receivable coupons, | also think they
will agree to except the school TAX
from he operation Of The coupon fea
ture. have asked the opinion here
OF the leading lanker-, or at l.as, three
OF them, and they think The bond-
hOllo will acCepI thrAr terms As
they lean Ia The cnHsp Of he hondhol-
ders. their opinion would. seem to I've
worth something, Incline TO think
the holders Of the coupon debt vii
not consent to reluQuish the tax-re
ceivshle coupon, rO'mtmiW.
If ,his conference shOnll fail you
can rely pretty well upon the adoI-
tlon 81 The policy OF collie ting the
revenue by the sale Of scrip At n dis
count, plan which ! WINS iliat IN ,he
State to advocate, M | did in my can
vass Of The county ~ 1875. and which
] had published In the wing during
the following winter. and which !
proposed TO the Read listers caucus AT
that time in this city. This measure
has plenty Of friends now In fact
the woods are full of men who desire
10 he the peculiar patron of 1t. The
comm ttce on schnnls and colleges has
determined by unanimous vote To-
report n bill to clear out the Blacks.
burg College, with view t. giving
peace, aud II possible, prosperity to
that Institution proposes to ahol
lsh the present hoard and the presrn,
fnculty-to sweep the deck aud take II
fresh start. ] think the measure will
pass. Az leaSt It merits with very
general favor.
The Rpadlnsters at their last meet.
lng Iesolvtd on the call for q COnven-
tion Of the people here on the 18th Of
February This leaves time for the
development OF the BOndhodera In
tcrview with w, aud set falls Within
the limitsofthp sessiOn, ~ M adjourn
ment prior to the ON Of March IN moi
likely. II we can settle the debt the
Convonllnu vii not hc necpssary.--
IL We do not II looks to organization
and hllAInera. There was some ullltr-
cnce Of opinion ~ to the proprlrty Of
the call until after the conference but
those who differed from the majority
yielded their judgement IN the inter-
est NJ harmony. Tho'e OF ia who
have for eight years fought this hnttlr
Of REIMBURSEMENT, aud have huil'lrd
n party which has NJ Inst brought the
opposition tna pnrley do not m'an Ia
Rce that party now divided hY d'sspn-
eions and difference oi opInlon NJ to J
mere means NJ reaching the snme end, |
We tlphl those who differ with ~ ~
to principles. We fight enpmIer, not
fricndA Wrnrr able to pass nny rea
honahlo measure The rnl for n con
ference was made hy The li,n dluSlpiu
The call for n Convention nn the 2hth !
uf February vas madc by them. In
10th capcs y minority yielded Thi'
IN business. II the debt he now Sc
tied II viii be sohely the work Of oW
party, und wr don't mean aud should
never allow the enemy 10 bng the
game or wrnr the wreath Of vlrl0ry
ma SrT,