The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1879-08-28

I EST BUT NOT ROW At At ONE ONE
!. TINE IMMINENT, BUT sAVERTEDL
ny COOL HEADS. ri i ~ A tag,s !:
IS ii3SisG - II $3.50 -:
= lCorrespondenes Of the Richmond Dispateh.l
suRRRY CoURTHoUsE, August 20, 1879; .
+, To-day was tieid.day for the; ConserTa-
tive party at the Courthouse 1t had Deen
announced throughout the county Tor some
| time that the Repealers would bold a. grana
meeting here to-day, and, that, Colonei Nv.
e. Cameron, Of Petersburg, would ADDRESS
them, In consequence OF TINS Tue otate
Executive Committee, sent Mr. Willlam -, y.
Royal, Of your city, here to reply 20 nill:
It was the largest assemblage OF citizens oi
this county known since the war. Colonei'
Cameron failed 10 appear, to the great as,
appointment OF everyone. !o@Ihere were
many. inquiries through the cfo"o',
| Where is Cameron? ?" .ss.ti - 2.
Colonel D. j. Goodwin, Of Portsmouth,
who hopes to ride the Reporters into 'nr.
Goodies seat in Congress, presented DIM
sell to represent their cause.sA 9.si1,,: -:
| Arrangements were made for % DIVISION
| OF time between Mr.. Goodwin and MrH Roy,
all. 1t being supposed to be ;Repealers'
meeting, it was naturally expected That
| Colonel, Goodwin would lead off,; rms ne
declined to de, however, and Mr.. Royals
was forced to speak first. a'shf-. /.
MR.. RoYALL's SPEECH. f'.nJt
Mr.. Royal devoted himself first to proving
that we owed our public debt-that 1t was
lust and honest debt, and that honest peo-
Die always paid their honest debts, never
mind what burdens were imposed upon
them. He next showed that the McCulloch
bill, offered to two .corporat10ns-tO Wit,
| The Council of Foreign Bondbolders Of
England, and the Funding Association OF
| The United States, OF New York-tbat il
they would accept the provisions of the
act by the lat day OF May last and fund
ss, 900, 900 OF the bonds by the 1st OF January,
| 1880. q contract should arise between those
two corporations and the State OF Virginia
by which the latter agreed that those TWO
corporations should have. the rightto fund
the entire debt according TO the provisions
of the McCulloch bill that those two cor
porations' had accepted the terms Of the act
! before the 1st day Of May, and bad already
presented forfundiDg more than IS, OOO,O 600;
/ that a contract had therefore now arisen
between the State and those two corpora
J tious by which they had an lrrevocable
right to fund the entire debt OF the State,
and that it was now beyond the power OF
/
4 would. He called upon Colonel Goodwin to
! answer this il be could, and show how the
McCuloch bill could be repealed '@ -,
When Colonel Goodwin came to reply ne
attempted to evade response TO tins point,
and when Mr.. Royal pressed him to en-
tswer. the only reply which he made was
that the clause in the Constitution OF the
limited States which forbids a State TO pass
a law impairing the obligation OF CONTRACT
ldoes not apply to a contract MADE ny
State. - -, ~ 80 -,
| a,1rely have read the decisions of the gu
preme Court of the United States 'tDat
that court had many times decided tnat II
did apply TO contracts made by state as
we'll as contracts made by individuals. he
said that be W ould only mention tnree cases,
| which were notable cases-to VIII, tne Cases
Of woodruff Us. Trapnali. 10 Howard; FUR
man US. Nickel, Wallace; ana MURRAY Us.
Tharleston. 96 United States Reports-in
which latter case the Supreme Court Of the
limited States declares: "The truth IS,
States. when they borrow money and con-
tract to repay it with interest, are not act
ino a. soyereigns-tbey come down to the
level OF ordinary individuals; their con-
tracts have the same meaning rs that OF SIM
liar contracts between private persons"
He said that he knew no higher law than
this. and Colonel Goodwin had to admit that
] he know nome , .
Dir. RoyalI said in this connection that
he presented this to his felow-citizens as
NOTE OF WARMING;
that he should be the last man to stand by
and see Federal bayonets coerce our peo-
ple. and that il collision OF force should
occur, he should be found in the ranks OF
his fellow citizens ready to shed the last
drop Of his blood in resisting it. But all
men knew what result Of such COLLISION
would be--that it would be Tor us TO De
ground down into the earth. He therefore
begged the people to stand up to their con.
stitutional obligation and avert such ca
lamlty.
LUDICReUs POINT.
One OF Mr.. Godwin's points was that Nc.
Culloch and his fellow-brokers controlled
the entire 49,, 000, 900 OF our debt, ana that
under this bill our creditors would get only
s14 noe. 900 and these brokers would get the
other S1S, 5000, 900. ..,
wi When MIR. Royal replied to this be riddled
and made it absolutely ridiculous. ..,.
.. sr THE DISCUSSION
between Mr.. Royal and Colonel Goodwin
lasted three hours, and was divided as fol-
lows: Royal commenced with an hour.
Goodwin followed with an hour, Royal re-
Joined with half an hour, and Goodwin
closed with half an hour. # ~. ID.
MIR. Royals speeches were listened to
with most earnest attention. lie handled
the subject with mastery hand, and was
throughout very eloquent.
Colonel Goodwin, OF course, received the
applause OF those who agreed with him, but
il was universally conceded that be was
completely overwhelmed. The audience
at this stage OF the discussion looked so
ta.n!.". TIRED AND HUNGRY
that, by mutual consent, further speaking
was postponed until everyone had refresh
ed and satisfied the inner man. 800.
|" The crowd thereupon scattered in va
rious directions, commenting upon what
they had heard The crowd, which con-
sisted or two-thirds white and one-third
black, were eager to gain all the informa-
ton they could, and as soon as they had
partaken OF a sufficiency OF food, &C., march
ed back to the courtroom, where they were
addressed by local speakers.
DR.. NJ. @. Holt spoke first, and in bis
speech handled Goodwin and the
"PoLITICAL AGITATORs"
generally with gloves of. He fully and
heartily sustained the action Of the Conser-
yatiye party. He said the leaders OF the
Mozart HalIites were q set OF political sore
heads, whose selfish ambition was such that
they were willing to sacrifice the best and
dearest interests Of the Commonwealth for
office. They bad deserted their flag IN the
face OF the enemy on the very eve OF